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Mohit Dhulia
The M.A. in Quantitative Economics is a 2-year postgraduate programme that is broken down into 4 semesters, each of which is 6 months long. Advanced study in topics including comparative economy, microeconomics, macroeconomics, international economics, various quantitative analytical techniques, etc. is included in the course structure.
Depending on the institution delivering the course, the average cost in India ranges from INR 2,000 to 1.5 lacs. Candidates with a minimum cumulative score of 55 percent at the graduate level may apply, but fees and eligibility requirements frequently fluctuate with institutes.
Depending on the firm and the candidate’s experience and subject competence, the typical annual starting salary for such postgraduates in India ranges from INR 4 to 9 Lacs. There are several chances and a wide range of topics to work on in this discipline. The typical pay for these postgraduates differs between the public and private sectors.
Some of the course’s main highlights are listed here.
| Course Level | Post Graduate |
| Duration | 2 Years |
| Examination Type | Semester System |
| Eligibility | Graduation from a recognized Board or equivalent qualification |
| Admission Process | Counselling after taking entrance examination |
| Course Fee | INR 2000 to 1.5 Lacs |
| Average Starting Salary | INR 4 to 9 Lacs |
| Top Recruiting Fields/Areas | Banking and Finance, Education and Communications, Business, Government and Public Sectors. Companies Include Mckinsey, GE, Tata Motors, Reliance Industries, Citi Bank, HSBC, Nestle, etc. |
A master’s degree in quantitative economics covers a wide range of contemporary problems with an economics foundation. The goal of the course is to give qualified students access to the key contemporary instruments required to offer effective answers to economic problems. This degree, which includes roughly 32 different elective subject options, is offered by a number of institutions and colleges throughout India. Additionally, some universities permit enrolled students to focus on areas like Comparative Economics and Micro Economics.
Quantitative analytical methods, macroeconomics, microeconomics, political economics, industrial economics, comparative economic systems, international economics, investment and banking systems, and public policy issues are among the major topics covered in the programme.
Candidates who are interested in the course must fulfil the following fundamental qualifying requirements:
Admission to this course is typically merit-based, meaning it depends on the student’s achievement in the senior secondary level; however, some colleges may administer entrance exams to choose and admit students to the course.
Here is a list of some of the top universities in India that offer an M.A. in Quantitative Economics, along with their locations and typical annual tuition.
| COLLEGE NAME | CITY | AVERAGE FEES IN INR |
| Fergusson College | Pune | 3,500 |
| Presidency College | Chennai | 1,000 |
| St. Stephens College | New Delhi | 8,000 |
| Christ University | Bangalore | 32,500 |
| Madras Christian College | Chennai | 14,000 |
| Lady Shree Ram college for Women | New Delhi | 18,000 |
| Madras School Of Economics (MSE) | Madras | 23,000 |
| Jawaharlal Nehru University (JNU) | New Delhi | 1,000 |
| Delhi School Of Economics (DSE) | New Delhi | 14,000 |
| Loyola College | Chennai | 6,000 |
Here is a breakdown of the course by semester.
| Semester I |
| Microeconomic Analysis- I |
| Monetary Economics- I |
| Elementary Statistics |
| International Trade |
| Macroeconomic Analysis |
| Mathematics From Economics |
| Indian Economy |
| Soft Skill Elective |
| Semester II |
| Theory Of Pricing and Distribution |
| Macroeconomic Analysis – II |
| Quantitative Methods for Economic Analysis |
| Introduction to Computing |
| International Finance |
| Social Orientation Elective |
| Viva Voce |
| Semester III |
| Economics Of Growth/ Development Economics |
| Public Economics |
| Issues in the Indian Economy |
| Economics of Industry |
| Classical Political Economy |
| Elective Course |
| Semester IV |
| Growth Models in Economics |
| Indian Public Finance |
| Selected Problems of the Indian Economy |
| Economics Of Agriculture |
| Advanced Statistics and Computer Application |
| Monetary Economics |
| Elective Course |
| Elective Subjects |
| Econometrics I and II |
| Labor Economics I and II |
| Demography I and II |
| Economics of Gender and Development I and II |
| Economics of Infrastructure I and II |
| Financial Institutions and Markets I and II |
| Economics of Insurance I and II |
Following is a list of some of the well-known career paths available to such postgraduates, along with the associated wages offered for each position.
| JOB POSITION | JOB DESCRIPTION | AVERAGE ANNUAL SALARY IN INR |
| Business Analyst | To analyze the potential growth areas for a business organization to maximize the profit earned. | 4 to 5 lacs |
| Financial Analyst | To analyze the areas where improvement could be done and to apply techniques and tools for achieving feasible monetary gains. | 3 to 5 lacs |
| Securities Analyst | The job broadly deals with the concerns related to security and assets of an organization. | 4 to 6 lacs |
| Market Analyst | To analyze the potential areas in the market where investment should be made, taking the help of quantitative tools, determining risk factors. | 4 to 8 lacs |
| Marketing Manager | To essentially deal with the marketing strategies of an organization, balance and maintain the workforce. | 6 to 9 lacs |
| Operations Manager | To work extensively to properly maintain the operations of an organization. The job profile includes maintaining smooth conduct of operations and maintaining coordination among teams, among others. | 6 to 12 lacs |
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