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MS Degree Online in Economics
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Updated at : February 18, 2025
Online Master's (MS Degree) In Economics
MS in Economics stands for Master of Science in Economics. The degree is designed to provide comprehensive knowledge of the financial sector, regulatory agencies, economic research, international organizations, and many more. It also equips students with a strong foundation in quantitative methods and economics theory which eventually helps in gaining opportunities specifically in the area related to economic analysis. The online master's in economics mainly includes topics related to applied economics, economic research, finance, insurance, risk management, science in applied economics, and industrial economics and markets.Watch Video
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MS Degree Online in Economics Program Overview
The online MS in Economics program is a post-graduate degree, which usually takes about 2-years (12-24 months). The programs offer a varied range of topics, including economic theories, data analytics, and research. As the mode of the program is online, students get to learn all these topics from their comfort place. Online MS in economics program includes solving complex mathematical economic policies as it is helpful in predicting economic indicators. Pursuing the program can be worthwhile if an individual is eager to have in-depth knowledge of economic principles, analysis, and theories.
The online MS in economics program provides you with the flexibility that is needed while pursuing an online degree as a working professional or an individual learning another skill at the same time. The online MS in Economics program consists of 4 semesters, 2 semesters each year. In these 4 semesters, students level up and get to add multiple skills such as quantitative analysis, critical thinking, communication, research skills, evaluating risk, etc. These are the skills you need to gain while pursuing an online MS in economics program for the career you want to have.
The degree comes with the best career opportunities as it is a master's degree most working professionals usually pursue the program for professional growth only and pursuing the program opens up a varied range of opportunities in economic sectors nationally and globally.
Top Universities Offering Online MS in Cyber Security
|
Name of the University |
Duration |
Course Fee (Might Vary) |
|
Birchwood University |
18 months |
8,84,409 INR |
Key Highlights of MS Degree Online in Economics In India
Here are some of the major key pointers one needs to consider while pursuing an online MS in economics program;
- The Online MSc in Economics program is approved by UGC-DEB and is considered equivalent to a regular degree.
- The program lasts for 2 years, divided into 4 semesters, with 2 semesters each year.
- It covers a wide range of subjects, including microeconomics, macroeconomics, fundamentals of economics, environmental economics, monetary theory, international economics, trade, and development.
- The online mode ensures that the curriculum is developed by subject experts and is contemporary.
- This program equips students with essential skills, such as understanding economic concepts, research abilities, data collection and analysis, and writing and editing.
- It provides in-depth knowledge of mathematics, statistics, current economic developments, and applying economics in real life, leading to a wide array of career opportunities for graduates.
- With the trend towards more flexible and accessible learning, pursuing an online MSc in Economics program is a smart choice for today’s generation, aligning well with modern educational needs.
- The admission process is simple and fully online, allowing students to apply from the comfort of their own homes.
- The syllabus is well-structured to cover important topics efficiently, ensuring that both students and faculty make the best use of their time.
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MS Degree Online in Economics Course Subjects/Syllabus
While pursuing an online MS in economics program, one needs to look at the syllabus of the program for better clarification. The curriculum widely covers all the crucial topics related to the subject. kindly look at the thorough syllabus mentioned below for better understanding.
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Semester 1 |
Semester 2 |
|
Microeconomics Theory and Analysis - I |
Microeconomics Theory and Analysis - II |
|
Macroeconomics Theory and Analysis - I |
Macroeconomics Theory and Analysis - II |
|
Fundamentals of Information |
Mathematics for Economists |
|
Indian Economics Development |
Generic Elective - I |
|
Fundamentals of Research |
Research Methodology |
|
Semester 3 |
Semester 4 |
|
International Economics |
Economics of Development |
|
Environmental Economics |
Trade and Development |
|
Monetary Theory |
Generic Elective - III |
|
Public Economics |
Generic Elective - IV |
|
Generic Elective - II |
Dissertation OR |
|
Term Paper |
Note- Syllabus may vary from university to university.
MS Degree Online in Economics Eligibility & Duration
The requirements and length of an online Master in Economics program can differ between schools, Here are some of the basic eligibility and duration criteria that are needed for pursuing the program:
Eligibility:
Typically, to apply for an MS in Economics program, you need to have a bachelor's degree from an accredited university and achieve a minimum score of 50% in your undergraduate studies. Many universities may require applicants to take graduate-level entrance exams like the GMAT or GRE. It is beneficial for candidates to possess a research-oriented background and demonstrate the capability to conduct independent research effectively.
Duration:
Most online MS in Economics programs last one to two years (12-24 months) as the degree is of the master's level.
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Program Fees for MS Degree Online in Economics
Starting at ₹ 6,776/month
Program Fee: ₹1,75,000 - ₹8,84,409
Low Cost EMI Available
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Fees for pursuing an online MS in Economics program usually include an application form fee which may vary from university to university. Further, the average figure for pursuing an online MS in economics ranges somewhere around 1 to 2 lakhs. This may also vary as per the policies of different university's policies, curricula, and faculty.
MS Degree Online in Economics Admission Procedure
The admission process for an online MS in Economics program mainly consists of these steps;
Step 1- Candidates need to register themselves by signing in or signing up and complete the initial stages of registration with basic details such as; email, phone no., and official name. This process includes the registration fee as well.
Step 2- In the second step candidates usually fill out the application form with the required details like; personal information, and professional, and academic details as well (in documentation).
Step 3- It takes some time for universities to verify the application forms individually. It usually takes 1-2 weeks for the completion of verification and move on to the last step.
Finally, if the application gets verified smoothly, students need to submit fees for login credentials over email and registered mobile no. and start their academic journey as soon as possible.
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Education Loan/EMI Facilities for MS Degree Online in Economics
It's a good idea for students to consider taking out an education loan for an online MS in economics program. Education loans can help ease the financial burden on students and their families, allowing them to invest their savings in a meaningful way for their future. Additionally, the interest paid on these loans is eligible for a tax deduction under Section 80E of the Income Tax Act 1961.
Education loans typically cover various expenses related to enrollment, such as tuition, accommodation, laptops, travel costs, study materials, and more. This payment option is especially helpful for working professionals who are managing everything on their own and aspire to build a successful career.
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Is MS Degree Online in Economics Worth it?
Online MS in economics program could be proven as the best choice not only as a subject but also as a way to gain a varied range of career opportunities. The subject allows students to live smooth lives by applying academic knowledge in real-life scenarios. Online MS in Economics program is one of those program that helps students with the Specialized knowledge and skills that are high in market.
The program is beneficial in many ways such as job prospects, competitive salaries, career advancement, analytical and quantitative skills, and In-depth knowledge of subjects individually. Additionally, you can consider the program as high in demand as it requires a high level of mathematics competence, statistics, and econometrics.
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Job Opportunity after MS Degree Online in Economics
Let's explore some of the great high-paying job opportunities after the completion of an online MS in economics program. Below you'll get to know about the top trending job opportunities along with corporate and government sectors. Kindly look into the tables.
|
Job Opportunities After Online MS in Economics |
|
|
Analyst |
Business Journalist |
|
Policy Analyst |
Financial Analyst |
|
Accountant |
Data Analyst |
|
Economics Professor |
Financial Planner |
Recruiters from the Corporate Sector:
|
Top Recruiters in the Corporate Sector |
|
|
Deloitte Consulting Services |
Alice Blue |
|
Tata Consultancy Services (TCS) |
|
Recruiters from Government Sectors:
|
Top Recruiters in Government Sectors |
|
|
Indian Defence Accounts Services (IDAS) |
Indian Economic Services (IES) |
|
Central Excise Services (CES) |
Indian Revenue Services (IRS) - Income Tax |
|
Indian Audit and Accounts Services (IA&AS) |
Indian Cost Accounts Services (ICoAS) |
Top Recruiters for MS Degree Online in Economics
Getting a degree after the completion of an online MS in economics program offers a varied range of job opportunities. Here are some of the top recruiters for online MS in economics programs, take a look; NITI Aayog, Kotak Securities, Bank of Baroda, HDFC Bank, Alice Blue, Paytm Money, Deloitte Consulting Services, Axis Bank, etc.
Our students work at
ICICI Bank
Axis Bank
Deloitte
HDFC Bank
Paytm
Let's clear up some doubts about MS Degree Online in Economics
Yes, you can earn a Master's in Economics program online. Online programs are becoming popular and are often just as respected by employers as traditional programs. Here are some other examples of Master's programs in Economics:
- MSc in Economics
- Applied Economics (Banking and Financial Markets) online MSc
- Master in Economic Research
- Master in Finance, Insurance, and Risk Management
- Master of Science in Applied Economics
- Master in Industrial Economics and Markets
A Master's in Economics Program can be a valuable investment, as economists with this degree often receive competitive salaries. The knowledge and quantitative skills gained in these programs can lead to attractive compensation packages.
An online M.Sc in Economics program is a great choice if you love economics and can use its concepts in real life. The program covers important topics that can simplify your understanding of economic issues. It also provides various job opportunities in both private companies and government organizations.
Students having a bachelor's degree with at least 50% are eligible for the program. Additionally, many universities also ask for graduate-level entrance exams, such as GMAT, GRE, etc. It is advised to have a research-related background and have the ability to pursue independent research.
The starting salary after the completion of an online MS in economics program starts from 4-9 Lakh per annum. These degree holders mainly work in a variety of sectors including Government agencies, Financial institutions, Corporations, Consultancies, Educational institutions, and many more. Some of the popular job profiles after an online MS in economics program are investment banker, economist, accountant, financial analyst, stockbroker, policy analyst, financial planner, etc.
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