Overview of Online MA in Economics


Online MA in Economics Program equips the technical and analytical knowledge of contemporary and modern economics.


Universities offers Online MA in Economics

Students who are inclined toward the economics topic can make a career in banking, finance, trade, e-commerce, and insurance. Online MA in Economics Program equips the technical and analytical knowledge of contemporary and modern economics. Your online master's degree is a convenient mode of advancing your career by staying up to date with the latest trends, theories, and tools of economics. This results in grabbing expertise job opportunities and getting promotions in your current job roles in the finance and e-commerce departments. 

Online MA in Economics degree equips students with the skills of communication, analytical thinking, and solving economic issues, and complex societal problems. The career scope for the master's degree holder in economics is not restricted to one nation but is high in demand globally. They play a vital role in managing the supply of goods, analyzing, and collecting data, increasing the organization’s profit, and helping in business growth. 

This blog delves deeper into the Online MA in Economics Program. Scroll down to get an insight into the comprehensive and authentic information regarding its eligibility criteria, admission process, entrance exams, fee structure, career scope, and more. 

What is an Online MA in Economics?

The online MA in Economics Program is a postgraduate course of 2 years for candidates who want to gain expertise and knowledge in economics subject. Graduates with a bachelor's degree from any stream from a UGC-affiliated University with a minimum of 50% marks are eligible for this course. With a master's degree, you can advance your career in financial, trade, e-commerce, banking, and insurance firms. 

The Online MA Program in Economics trains students in the profiles of data analyst, research & consultancy, financial analyst, economist, market research analyst, teacher, etc. With their expertise in evaluating data, strategizing data flow, and solving complexity in economics, they bring positive economic growth to the organization. Online MA in Economics specialization follows the teaching of the Theory of Pricing and Distribution, Economics of Growth Development, Indian Economy, international economics, etc both principles and theories of economics. 

Scroll further down to get an insight into the overview of the Online MA in Economics Program. 

Overview of Online MA in Economics Program

Attributes

Key Features

Course Name

Online Master of Arts

Course Specialization

Economics

Course Level

Postgraduation

Course Duration

2 years

Recognition & Accreditations

UGC, NAAC A+ A++, DEB, NIRF, AICTE

Eligibility Criteria

Bachelor's degree in any stream with a minimum of 50% marks from a UGC accredited University

Learning Mode

Online

Fee Structure

INR 0.10 to INR1.0 LPA

Entrance Exam

CUET PG, URATPG, IPU CET, JMI, DUCET, PUBDET, JNUEE

 Average Salary

INR 3.5  to INR 7 LPA

Admission Steps of Online MA in Economics Program

Admission Process of Online MA in Economics Program involves these easy steps: 

  • Registration Process: Search the Official website of the University/ College where you want to apply for the MA in Economics. Sign in to their program and pay the registration fee through their online website.  
  • Application Form: After you register for the online course, fill out the application form with all the personal details as requested by the respective college/ university, pay the fee, and submit it.
  • Verification & Approval: Once the application form is submitted, the university takes some time to verify and approve it. You’ll receive an email with your name on the shortlist when your application is verified. 
  • Confirmation: Once the application is confirmed time for the enrollment details and further guidance. At the end, you will get access to the online Economics LMS with other learning resources and join the course. 

Benefits of Opting Online MA in Economics Program

The online Master of Arts in Economics Program offers several benefits which include:

  • Growth of the Organization: The Online MA in Economics prepares with the expertise to handle the money flow of an organization which eventually helps in its growth. The core skills of managing and strategizing data, analyzing supply goods, collecting data, and bringing profit in business. 
  • Flexibility and Convenience: This master's online program offers flexibility and convenience to professionals working from a remote place. The Online MA is the best option if you want to balance work while pursuing higher education and family responsibilities. 
  • Global Opportunities: Students enrolled in the online MA course get the benefit of interacting with people across the globe. They are well-rounded and have a global scale knowledge of economics from their peers, and professionals from foreign countries. They get offered jobs from all around the world in the sectors of finance and banking.
  • Increased Earning Potential: This higher education degree program opens doors to increase earning potential for the bachelors who are working professionals. Their advanced skills and tactics help increase their earning potential by grabbing better job positions in commerce firms. 
  • Managerial roles: The economics postgraduate course equips candidates with experts and managerial skills.  They are well-equipped with the techniques of data management, finance, and insurance expertise and are offered the manager's job profiles. 
  • Credible Degree: Online MA in Econoics when pursued from a UGC & DEB authorized university/college offers you a valid degree. This credible MA certificate increases your reputation in an organization. Other accreditations that make the master's degree in Economics credible are NIRF, NAAC, AICTE, WES, etc. 
  • Up-to-date with trends: The master's degree in economics keeps you up to date with the latest trends, theories, and policies working in the market of finance, and commerce. Candidates with updated knowledge and skills in economics are hired for both managerial and analyst roles.

Comprehensive Curriculum of Online MA in Economics Program

Semester 1

Semester 2

Mathematics for Economics

Macroeconomic Theory

Microeconomics Theory 

Theory of Pricing and Distribution 

Economics of Growth Development

Welfare Economics

International Trade

Monetary Economics 

Public Economics

Indian Public Finance 

Indian Economy

Quantitative Methods

Semester 3

Semester 4

Development Economics 

Agricultural Economics

Internatinal Econmics

Urban Economics 

Econometrics

Health Economics

Globalizaitoin and Economics

Economics Demography

Basic Issues of the Indian Economy

Economics and Law

Career Options of Online MA in Economics Program

Job Role

Salary

Economist 

INR 16 LPA

Investment Banker 

INR 16 LPA

Credit Analyst

INR 8 LPA

Data Analyst

INR 6 LPA

Actuary

INR 7 LPA

Policy Analyst

INR 7 LPA

Stockbroker

INR 2 LPA

Statistician 

INR 9.9 LPA

Product Manager

INR 20 LPA

Supply Chain Analyst 

INR 6.7 LPA

Top UGC affiliated Universities of Online MA in Economics Program 

University

Fee Structure

IGNOU

INR 0.4 LPA

Amity University Online

INR 2.88 LPA

Ashoka University

INR 11 LPA

IIT, Madras

INR 0.22 LPA

BHU

INR 0.9 LPA

Sri Venkateshwar University

INR 0.2 LPA

Mumbai University

INR 0.6 LPA

Jamia Milia Univeristy

INR 0.14 LPA

Chandigarh University

INR 1.84 LPA

Loyola College

INR 0.44 LPA

Symbiosis College of Arts & Commerce 

INR 0.72 LPA

Conclusion 

We hope this blog answers all the queries regarding the Online MA in Economics Program. Candidates who are looking for higher education after a bachelor's degree in commerce can pursue this online degree. It offers lucrative job profiles of Supply Chain Analyst, Policy Analyst, Economist, Investment Banker, and Actuary all over the globe. 

A Few Frequently Asked questions for Online MA in Economics

The best UGC-accredited universities/ Colleges for Online MA in economics Programs are Amity University Online, IGNOU, Jamia Milia University, Chandigarh University, BHU, and Symbiosis College of Arts & Commerce.

Some Universities/ Colleges conduct entrance exams for an Online MA in Economics which are DUCET, CUET PG, IPU CET, JMI, PUBDET, and JNUEE.

Online MA in Economics Program works in the sectors of e-commerce, banking, finance, insurance, and trade.

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