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Online MA in Economics

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Updated at : October 1, 2025

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Online MA In Economics

The online MA in Economics is a specialized postgraduate program that enables you to learn various topics, including public economics, macroeconomics, econometrics, and financial economics. This two-year degree program is divided into four semesters, each with a set of subjects that must be passed to progress to the next semester. In this online MA course, you will be assisted by highly qualified professors throughout the course. Join this program to network with people from different backgrounds, and follow a rigorous curriculum that prepares you for jobs in government, banking, consulting, research, and other fields.

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UGC Notice

No. of Universities

3

Course Duration

2 Years

Eligibility

Graduation or Equivalent

Learning Mode

Online

EMI Facility

Available

Online MA in Economics Program Overview

Economics is one of those branches that revolves around everything from production to consumption of goods, and it even makes you understand the changes in demand and supply from time to time. An MA program in the economics major provides detailed information on the economics of society. An online MA in Economics is one of the most preferred post-graduate degrees by those who want to build a career as Economists but did not get the chance to do it through the traditional method. 

With easy access to resources and focusing on real-world uses, this online MA program gives you the critical skills and information to make good changes in global economies and manage complex economic settings. Online MA in Economics prepares you to understand the utilization of economic resource sectors like banks, markets, insurance, etc. After completing it, you can also consider pursuing a Ph.D. in economics, as it is UGC-DEB-recognized and thus holds equal weightage in the market as that of a regular MA economics course.

An MA in Economics is a good career choice and comes with many more benefits in general life. It gives you a better understanding of things around you and can help you maximize your economic situation by affecting your daily decisions. With this master’s degree, understanding new and upcoming financial trends won't be a difficult task anymore.

Where Will the Online MA in Economics Course Be In 2050?

In the past few years, India’s performance in terms of economy has been tremendous, not only domestically but globally. With its amazing growth trajectory, India became the fifth-largest economy in Q1 FY23, beating the United Kingdom (UK). With continuous growth, it even surpassed Japan in June 2025 to become the fourth-largest economy in the world. India’s growth is a reflection of the combination of strong domestic demand and policy reforms that have positioned it as a key destination for global capital with a nominal GDP of Rs. 3,31,03,000 crore (US$3.78 trillion). 

do-you-know-india-is-projected-to-reach-a-gdp

In this growth trajectory of the Indian economy, those who have played a crucial role are the Economists of India. They have spent nights reforming or developing policies that can impact the GDP of India and reposition it to a better position in the global market. With the ongoing growth in this sector, India needs more such people who know this major from the inside out. An online MA economics makes this task easy for all those who want to be part of India’s economic growth. With this program, you will get the degree, skills, and the opportunity to call yourself an Economist of India.

Why An Online MA in Economics Course?

Pursuing an online MA in economics gives you the freedom to pursue higher education without worrying about the restrictions of attending classes on campus. You can keep up with work, family, or other obligations while improving your job because you can study the core of the economics major from anywhere. 

Online MA programs offer the same networking opportunities, expert teacher guidance, and tools as programs that take place on campus. If you are a working professional and choose an Online MA in Economics, you can make your learning fit your schedule without sacrificing the quality of your education or the depth of your knowledge. This will eventually improve your chances of landing a decent job in the field of economics.

When Should You Pursue An Online MA in Economics Course?

For all the recent college students, the timing to start with this online MA program could not get any perfect! It makes them join a PG course right after finishing their graduation while their basic information is still fresh! However, for people with work experience in any field, getting an MA after getting some real experience helps them understand economic principles better and improve their job chances. Ultimately, the choice depends on the your readiness, job goals, and desire to learn more about economics after college or after getting useful work experience.

Where Should I Get an Online MA in Economics Courses?

An online MA economics is one of the most sought after courses among aspiring economists. Thus, to make this program accessible to a wide range of students, both, private and public universities are offering this program at an affordable fee range.

Top Affordable Universities For Online MA in Economics Courses

Top Universities for Online MA in Economics Course 

Universities (Online MA in Economics Course)

Universities Accreditations

Jain University Online

UGC | AICTE | AIU | NIRF | WES | NAAC A++ | QS World University Rankings

Manipal University Online

UGC | AICTE | NIRF | WES | NAAC A+ | QS World University Rankings

Chandigarh University Online

UGC-DEB | AICTE | NIRF | WES | NAAC A+ | QS World University Rankings

Galgotias University Online

UGC | AICTE | NIRF | NAAC A+

Manav Rachna University Online

UGC-DEB | AICTE | WES | NAAC A

Aligarh Muslim University Online

UGC | AICTE | AIU | NIRF | NAAC A+

Guru Kashi University Online

UGC | NAAC A++ | ISO | BCI | PCI | NCTE

Skills You Will Gain From an Online MA in Economics Course

  • After completing an online MA in Economics, you will be able to examine economic facts, theories, and models closely.
  • Your ability to use quantitative methods and perform the statistical analysis for conducting economic studies and correctly understanding data will improve.
  • You will communicate clearly in writing and person to make economic points, results, and policy suggestions.
  • Your ability to recognize and deal with economic problems, generate hypotheses, and suggest answers based on economic principles and proof will enhance drastically.
  • You will master a few things like doing research independently, finding applicable literature, and organizing results in a way that helps the field of economics grow, after an online MA economic course.

Key Highlights of Online MA in Economics In India

  • An online MA in Economics gives students the most freedom possible. They can create study schedules that fit their needs and responsibilities. 
  • Students of an Online MA in Economics can expect an annual salary ranging from 3.5 to 7 LPA in big companies like RBI, Indian Institute of Technology, Citi Bank, Accenture, ICICI Bank, and HDFC Bank.
  • Students can access course materials and lessons whenever convenient, even if they have to balance work, family, or other obligations.
  • This program's professors are the best in their fields. These experienced teachers bring extensive academic knowledge and real-world experience to the virtual classroom. 
  • The program's curriculum is thorough and covers many economic theories, methods, and uses. Students learn a lot about different areas of economics, from microeconomics to macroeconomics, econometrics to international economics. 
  • Students in online MA in Economics can use what they've learned in the classroom in the real world through interesting tasks, case studies, simulations, and research projects. 
  • Students can make useful links through online forums, virtual discussions, and group projects, share ideas, and collaborate on research projects. 
  • Through these resources, students can access academic books, data, and analytical tools, which help them do well in school.
  • Working professionals can expand their knowledge and skill set by completing an online MA in economics. On the other hand, students can also gain real-world knowledge through internships or jobs while completing their Online MA in Economics.

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Online MA in Economics Course Subjects/Syllabus

The syllabus of the online MA in Economics is divided into four semesters. 

Semester I

Semester II

Microeconomics

Welfare Economics

Macroeconomics

Monetary Economics

Mathematics For Economics

Statistics For Economics

Indian Economy

Public Economics

Economics Of Growth Development

Indian Public Finance

Semester III

Semester IV

International Economics

Urban Economics

Industrial Economics

Environmental Economics

Research Methodology

Financial Institutions and Markets

Econometrics

Health Economics

Economics of Infrastructure

Cross-Functional Elective Course

Open Elective Course

Project

Online MA in Economics Eligibility & Duration

The requirements to get into an online MA in Economics program may be different at each university that offers the program. However, common requirements for qualifying are:

  • Students should have a Bachelor's Degree from a recognized UGC/DEB-approved university in a relevant field of study. 
  • Students should have secured at least 50% or more in their graduation.
  • Work experience and a good understanding of the basics of economics are preferred. However, this requirement is not mandatory.
  • No entrance test is required for most universities to be eligible to pursue an Online MA in Economics. 

Duration of the Online MA in Economics

The duration of an online MA in Economics is the same as a regular MA, which is 2 years and consists of 4 semesters. This comprehensive program provides in-depth knowledge of Micro & Macro Economics, Welfare Economics, etc. The exact length of time may change, though, based on things like the university academic plan, the student's course load, and any advanced or part-time options offered. 

Skills Required for Online MA in Economics

  • To do well in an online MA in Economics, you need to be able to examine economic facts, theories, and models closely.
  • Knowing how to use quantitative methods and perform the statistical analysis is important for conducting economic studies and correctly understanding data.
  • You must communicate clearly in writing and person to make economic points, results, and policy suggestions.
  • Ability to recognize and deal with economic problems, generate hypotheses, and suggest answers based on economic principles and proof.
  • The ability to do research independently, find applicable literature, and organize results in a way that helps the field of economics grow.

Is any entrance exam required for an Online MA in Economics course?

The best thing about getting an online MA is that you don't have to take an entry test. However, here is a list of popular tests that universities usually give or look at as requirements for getting into the MA program: 

DU Common University Entrance Test (DUCET/DUET)

CT University Scholarship Entrance Test (CT SET)

Common University Entrance Test (CUET)

Presidency University Bachelor Degree Entrance Test (PUBDET)

Jawaharlal Nehru University adopted Common University Entrance Test (JNUCET/JNUEE)

Recommended Books

Below is a list of the popular books for the Online MA in Economics. 

Title

Author(s)

"Principles of Economics"

N. Gregory Mankiw

"Economics: Theory and Practice"

Patrick J. Welch and Gerry F. Welch

"Thinking, Fast and Slow"

Daniel Kahneman

"Capital in the Twenty-First Century"

Thomas Piketty

"Freakonomics: A Rogue Economist Explores the Hidden Side of Everything"

Steven D. Levitt and Stephen J. Dubner

"The Wealth of Nations"

Adam Smith

"Nudge: Improving Decisions About Health, Wealth, and Happiness"

Richard H. Thaler and Cass R. Sunstein

"Misbehaving: The Making of Behavioral Economics"

Richard H. Thaler

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Program Fees for Online MA in Economics

Starting at ₹ 6,776/month

Program Fee: ₹7,600 - ₹2,05,200

Low Cost EMI Available

Recommended

The online MA in Economics fee usually runs from INR 60,000 to INR 2 lakhs. The exact course cost may change depending on the university providing the program. Many aspiring economists find that getting an online master's degree in economics is worth the money because it can lead to many job possibilities and give them a sound understanding of economic principles, all while keeping up with their jobs. With College Vidya Compare, you may compare the academic fees of most institutions that offer this program of study. 

Students Can Pay The Fees Throughout The Payment Cycle:

  • One-time payment option available
  • Allowed to pay semester-wise
  • Annual payments are also allowed
  • EMI options are available

Fee Comparison Between The Top Universities That Offer Online MA in Economics Courses

Top Universities for Online MA in Economics Course Fees

List of Universities

Course Fees

Detailed Fee Structure 

Manav Rachna University Online

INR 1.08 Lakhs

  • Per Semester Fee: INR 27,000
  • Yearly Fees: INR 50,000

5% Discount on the total program fee

Jain University Online

INR 90,000

  • Per Semester Fee: INR 22,500
  • Registration Fee (One Time): INR 2,500
  • Exam Fees Yearly: INR 3,000

Manipal University Online

INR 80,000

  • Per Semester Fee: INR 20,000

Chandigarh University Online

INR 75,000

  • Per Semester Fee: INR 18,750
  • Annual Fee: INR 37,500

25% Early Bird Discount on Program Fee

Galgotias University Online

INR 40,200

  • Registration Fee (One Time): INR 1,200
  • Yearly Fees: INR 15,000
  • Exam Fees Yearly: INR 4,000
  • Alumni Fee ( One Time): INR 1,000

Guru Kashi University Online

INR 40,000

  • Application Fee: INR 500
  • Per Semester Fee: INR 10,000

Aligarh Muslim University Online

INR 31,000

This might change with every new batch

Online MA in Economics Admission Procedure

Before commencing the application process for an online MA degree, candidates should read the following steps:

  • Create unique credentials on the university's official website and register as a New User.
  • Then, with your information, fill out the application form (contact details, prior qualifications, etc.)
  • Upload the required documents to the site.
  • Then, online, submit your registration along with the payment for the semester.
  • You will receive an email from the institution confirming your enrollment and providing your enrolment number.
 
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Education Loan/EMI Facilities for Online MA in Economics

The universities offering online MA in Economics program knows that students may need help with money to avail high-quality education in this domain. To help these aspirants with money problems, the no-cost EMI (Equated Monthly Installment) option has been incorporated in the fee payment option by the universities. This makes you py the course fee in easy monthly payments without paying extra interest.

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Is Online MA in Economics Worth it?

An online MA in economics program provides big rewards that make the cost worth it, as it gives you the freedom and ease to continue your education while also taking care of work, family, and other obligations. Having this kind of access removes physical boundaries and lets you move ahead in your career without any break. This extensive program also covers a lot of different economic theories, methods, and uses, giving you a strong background in the area. Also, the program often has expert staff members who bring much academic and real-world knowledge to the virtual classroom, improving learning. 

economics-facts

Additionally, online MA economics grads are well-prepared for a wide range of jobs in government, banking, consulting, education, and foreign groups, with chances to move up and earn good pay. But it's important to consider the university's name, accreditation, and to analyze whether it will help in your job field or not. At last, you should finally consider the pros and cons of getting an online MA in economics and decide if it fits their long-term goals and plans to know its worth.

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Job Opportunity after Online MA in Economics

Multiple companies, be it a big-sized MNC or a medium domestic firm, is looking for skilled professionals enriched with the economics knowledge. These companies utilize the knowledge of these professionals to make improvements in different departments of their firms. Those with an MA in Economics online degree can get good jobs with top employers worldwide. Here are some jobs that are available after this course.

Job Roles 

Average Salary Package

Economics Teacher

₹10 Lakhs per year

Economist

₹7,71,341 per year

Credit Analyst

₹7,20,826 per year

Financial Analyst

₹5,29,716 per year

Market Research Analyst

₹4,56,928 per year

Statistician

₹4,20,197 per year

Government Financial Services

₹5,00,000 to ₹12,00,000 per year

The salaries mentioned above are as per Naukari.com.

Top Recruiters for Online MA in Economics

Government bodies like the Federal Reserve, the Bureau of Economic Analysis, and the Ministries of Finance often hire economists to look at economic data, make policy, and give strategy advice. Banks, finance firms, and insurance companies are among the businesses that hire economists to study the market, predict trends, and evaluate risk. Some of the companies that are hiring Economists are listed below.

Top Companies That Hire Online MA Economics Graduates

Average Salary Packages

Home Credit

₹4,56,688 per year

Master Card

₹5,56,678 per year

Amazon

₹6,76,698 per year

Planet Spark

₹6,67,690 per year

Innodata Inc.

₹7,00,688 per year

Citi Bank

₹7,15,108 per year

The Value Maximizer

₹7,46,168 per year

Walmart Global Tech India

₹7,79,980 per year

The salary packages given are sourced from Naukari.com.

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Decathlon

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Let's clear up some doubts about Online MA in Economics

Yes, MA in Economics is offered in both regular and Online Learning Modes. One can pursue MA in Economics from any UGC/DEB approved university.

Anyone with a degree in BA in Economics or any other relevant course with at least 50% or more can opt for an online MA in Economics.

MA in Economics is not a tough course, it just requires a little understanding and focus. There are multiple sources one can turn to if they find any difficulty in understanding the concepts.

Yes, it is. The courses and degrees offered by online MA programs in Economics are the same as those offered on campus. Students can get a good education from anywhere in the world with online learning because it is so flexible.

Yes, this is exactly why many kids attend school online. Online learning allows students to study while caring for work, family, or other obligations.

Discussion boards, video chats, email, and virtual office hours are common ways for students and teachers to communicate in online master's programs. These methods allow them to connect and work together meaningfully despite being far apart.

Yes, after graduating, people can work for the government, banks, consulting companies, foreign groups, universities, and research institutes, among other places. Many different types of businesses value the critical and economic skills that students learn in the program.

Yes, an MA in Economics is available at IGNOU at a total fee of INR 16,800.

 

The topics like Macroeconomics, Microeconomics, Public Economics, Industrial Economics, Financial Institutions and Markets, and many more are covered in the online MA Economics syllabus.

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