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Online M.Sc in Economics

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Updated at : September 19, 2025

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Online M.Sc In Economics

Online MSc in Economics is an easy and flexible alternative for those who want to equip themselves with all the aspects of Economics, not only as a subject but also as a universal factor that enhances every aspect of an individual's life and society. With this online degree, you will have the privilege of studying core subjects of economics anytime, from anywhere. The understanding of economic theories, public theories, the history of economics, International and national trade, and many other topics included in this course will help you upgrade your job profile in the related field.

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Course Duration

2 Years

Eligibility

Graduation in Relevant Stream

Learning Mode

Online

EMI Facility

Available

Online M.Sc in Economics Program Overview

Online MSc in Economics program is the best for those who want to gain in-depth knowledge of economics as a subject. The program widely covers all the topics related to economic theories, public theories, the history of economics, International and national trade and finance, public policies, and many more. In addition to this, the flexibility and convenience that online mode provides are highly advantageous for you as a student who is more into self-learning. 

M.Sc. Economics online is a full package for professionals seeking to have further career development, individuals who want to have in-depth knowledge of the subject, and for the ones who want to have multiple career opportunities from the very beginning.  This 2-year postgraduate program includes 4 semesters, 2 semesters each year. An online MSc in economics often includes deep research for completing the project work. Pursuing an online M.Sc in economics can open a huge number of job opportunities not only in the government sector but also in the private sector for jobs of data analysis, financial analysis, economist, branch retail manager, etc.

Where Will the Online M.Sc in Economics Course Be In 2050?

India, as a developing country, needs more strategists who can not only develop new policies but also alter the existing ones for better results. With new projects and policies getting introduced by the government, there is a need for skilled professionals who can easily understand these policies and interpret them for others. 

On July 5, 2025, the Union Cabinet approved the Rs. 1,00,000 crore (US$11.72 billion) Research, Development and Innovation (RDI) Scheme, launching long‑term, low‑ or zero‑interest funding via a special purpose fund under the ANRF to jump‑start India’s R&D ecosystem and support deep‑tech and startup innovation.

To implement the above-mentioned policy and other government proposals like this, India needs more economists, and this demand can be easily met with an online MSc in Economics. Through this course, you can become one of those panelists who advise businesses and the Indian government on economic policies and strategies without stressing much about the fees, class timings, and a hectic schedule, which is generally there in the regular MSc programs.

Why An Online M.Sc in Economics Course?

Studying Economics at a higher level adds multiple skills, such as quantitative analysis, data analysis and modeling, critical thinking, communication, research skills, evaluating risk, and many more. These skills will eventually help you empower the career you desire to have. 

Online MSc Economics degrees are now globally recognized and known worldwide for the benefits they bring to students' academic journey. Online M.Sc equips you with both practical and theoretical knowledge with its expert-curated curriculum, which is especially designed in a way that is suitable for those who have to handle multiple things along with this program in online mode.

Who Should Pursue An Online M.Sc in Economics Course?

Those who want to build a career in Economics or a related field must go for this online MSc Economics course. Any fresh graduate or even working professional with an interest in economics or those having a background in the same field can opt for this online MSc specialization without any entrance exams.

When Should I Pursue an Online M.Sc in Economics?

Pursuing an online M.Sc in economics is the best way one can do to continue their studies. It is advantageous for working professionals and newbies who want to complete their master’s degree with a job or want to pursue dual degrees but with low tuition fees. The ones who want to pursue economics in higher studies must pursue an M.Sc in economics for a better understanding of upcoming policies and their impact on their career growth. The development of multiple subject-specific skills, soft skills, and improvement in career prospects are one of the main reasons for working professionals to pursue an online M.Sc in economics.

Where Should I Get an Online M.Sc in Economics Courses?

An online MSc Economics is available at both government and private universities. At government universities, the fee range is quite low, but the services fail to satisfy your learning expectations. At private universities, the services are quite good, and you will stay updated with all the necessary information, but the fee structure is not affordable to everyone. Thus, here we have put up a list of some private universities that are accredited and offer an online MSc economics program at an affordable fee package.

Top Affordable Universities For Online M.Sc in Economics Courses

Top Universities for Online M.Sc in Economics Course 

Universities (Online M.Sc in Economics Course)

Universities Accreditations

LPU Online

UGC-DEB | AICTE | AIU | NIRF | WES | NAAC A++

Key Highlights of Online M.Sc in Economics In India

  • Online MSc in Economics is a UGC-DEB approved program, equally valid, and recognized as a regular degree.
  • The duration of the program is 2 years, consisting of 4 semesters, and 2 semesters yearly. 
  • The program mainly covers a varied range of subjects such as microeconomics, macroeconomics, fundamentals of economics, environmental economics, monetary theory, international economics, trade and development, etc. 
  • As the mode of the program is online, the curriculum of the course is usually designed by experts on the subject. It also includes the formation of a contemporary curriculum. 
  • Online M.Sc in economics equips students with all the necessary in-demand skills like, knowledge of economics concepts, research skills, data collection and analysis, writing and editing, etc. 
  • The program provides comprehensive knowledge of mathematics, statistics, economic updates, and using economics in real life, which also helps with the wider range of career opportunities for postgrads. 
  • As the world is rapidly growing towards a more flexible and accessible way of learning, pursuing an M.Sc in economics online mode is a smart move for today's generation. The course beautifully indulges with the requirements of the modern education system. 
  • The admission process for the program is easy too, including the complete online method of admission. Students can take admission from their comfort zone. 
  • The syllabus of the program includes crucial pointers to be covered so that it will not waste student's as well as faculty's time.

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Online M.Sc in Economics Course Subjects/Syllabus

Kindly look into the syllabus of the online M.Sc for better understanding, we have provided a detailed syllabus here; 

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 Economic 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 

-

Online M.Sc in Economics Eligibility & Duration

Below you can find the eligibility for an online M.Sc in Economics:

  • Academic eligibility for pursuing an online M.Sc in economics includes a bachelor's degree from a recognized university or equivalent. 
  • The graduation degree should be in economics, mathematics, statistics, or from the relevant field. 
  • Candidates must have 50-60% in their bachelor degree. 
  • It is advised to have prior research experience or internship in the relevant subject. 

Duration of the Online M.Sc in Economics

The duration of the program is 2 years, consisting of 4 semesters, and 2 semesters yearly which means it is a must to complete one semester in 6 months. Students can continue the course for a further 4 years only. The online mode makes the program more flexible and convenient while providing deep knowledge of the subject. 

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Program Fees for Online M.Sc in Economics

Starting at ₹ 6,776/month

Program Fee: ₹65,600 - ₹2,50,000

Low Cost EMI Available

Recommended

Academic fee for online M.Sc includes an application fee as well. Usually, the average fee for pursuing an online M.Sc in economics is somewhere around 1 to 2 Lakhs. Fee may vary as per the different universities policies, curriculum, and faculty.

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

Program Fees for Online M.Sc in Economics

Academic fee for online M.Sc Economics often includes a non-refundable one-time application fee. Usually, the average fee for an online M.Sc in economics is somewhere around INR 60,000 to 1 Lakh. This fee may vary as per the different universities, as there are differences in their policies, curriculum, faculty, and other services.

Fee Comparison Between The Top Universities That Offer Online M.Sc in Economics Courses

Top Universities for Online M.Sc in Economics Course Fees

List of Universities

Course Fees

Detailed Fee Structure 

LPU Online

INR 65,600

  • Actual Fee: INR 20,000 per sem
  • Fee with 20% Student Grant: INR 16,400 per sem
  • Fee with 20% Student Grant and No Cost EMI: INR 3644 per month (in case of 18-month EMI)
  • Fee with 20% Student Grant + 10% extra waiver in case paid in lump sum: INR 59,840
NOTE:

The above fee applies to Indian and International Applicants of Sri Lanka, Bhutan, Nepal, and Bangladesh.

The above fee is inclusive of an examination fee of ₹ 2,000 per semester and exclusive of the initial non-refundable registration fee of ₹ 600.

Online M.Sc in Economics Admission Procedure

To enroll in an online M.Sc, it is required to check the eligibility criteria thoroughly. below we have mentioned the complete procedure for admission to an online M.Sc in economics.

  • Register yourself by signing in or signing up and complete the initial registration fee. 
  • Fill out the online application form with all the required details personal, professional, and academic. Upload the relevant documents as well. 
  • Wait for the verification by the university, sometimes it takes 1-2 weeks for the verification. 
  • Get your login credentials over the email or your registered mobile no. and start your academic journey.
 
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Education Loan/EMI Facilities for Online M.Sc in Economics

It is advisable for students to opt for an education loan in order to pursue an online M.Sc in economics smoothly. Education loans can reduce the strain on families' and students' heads as it is always better to spend all your savings in one place when you literally have the best way to pursue the course of your dream. Besides, the interest on an education loan is eligible for a tax rebate under 80 E of the Income Tax Act 1961. 

Education loans cover most of the parts while getting enrolled such as tuition fees, accommodation, laptops, travel expenses, study materials, and many more. This mode of payment is also beneficial for working professionals who are doing everything on their own and want to have a bright future as well. 

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Is Online M.Sc in Economics Worth it?

An online M.Sc. in economics is worth pursuing if you're really into economics, not as a subject, but can apply the formulation in everyday life. The subject itself makes one's life a lot easier by including all the necessary topics. Pursuing an online M.Sc in economics opens the door to a varied range of job opportunities that include both private as well as government sectors. 

Graduates with an online MSc Economics can easily apply to roles at consulting firms, financial institutions, government agencies, and research organizations. As per the current industry scenarios, the demand for economists is high in the market, which indicates that the future demand for these professionals will definitely increase. The average salary after the completion of an online M.Sc in economics ranges from 2.5 to 38 Lakh per annum. Moreover, it is very well established by the learners that M.Sc in economics is a specialized program that requires in-depth research and thinking, which eventually helps you gain specialized skills.

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Job Opportunity after Online M.Sc in Economics

Let's discuss some of the in-demand job opportunities after the completion of an online M.Sc in economics. While getting aware of all the aspects of the program, it is crucial to get to know about the future job opportunities one can have after completing it. Below are some of the job roles that are currently available to all the M.Sc. Economics graduates.

Job Roles 

Average Salary Range

Investment Banker

₹8 LPA – ₹25 LPA

Public Policy Advisor

₹8 LPA – ₹20 LPA

Management Consultant

₹8 LPA – ₹40 LPA

Research Economist

₹6 LPA – ₹30 LPA

Financial Analyst

₹6 LPA – ₹35 LPA

Risk Analyst

₹6 LPA – ₹11 LPA

Revenue Analyst

₹5 LPA – ₹9 LPA

Economic Researcher

₹5 LPA – ₹9 LPA

Trade Analyst

₹4 LPA – ₹10 LPA

The salaries mentioned above are as per Internshala.com.

Top Recruiters for Online M.Sc in Economics

Some of the top recruiting sectors for M.Sc in economics include the banking and finance sector, the Corporate sector, and the Government sector. Under the Banks and finance sector, investment banks such as Morgan Stanley, JP Morgan, Goldman Sachs, Citigroup, Axis Capital, and many more are included. These banks highly recruit M.Sc. Economics graduates. Government sectors that hire M.Sc graduates are the Indian Defence Accounts Service (IDAS), the Indian Economic Service (IES), the Central Excise Service (CES), the Indian Revenue Service (IRS) - Income Tax, the Indian Audit and Accounts Service (IA&AS), and the Indian Cost Accounts Service (ICoAS). Some of the Corporate Sector firms that recruit M.Sc in economics graduates are as follows:

Top Companies That Hire Online M.Sc Economics Graduates

Average Annual Salary Packages 

Planet Spark

INR 4 - 5.5 LPA

Optum

INR 5 - 8.5 LPA

Home Credit

INR 6 - 9 LPA

CBRE

INR 7 - 11 LPA

Evalueserve

INR 7 - 14 LPA

Indigo

INR 9 - 11 LPA

Genpact

INR 9 - 15 LPA

eClerx

INR 11 - 15 LPA

The salary packages given are sourced from Naukari.com.

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Let's clear up some doubts about Online M.Sc in Economics

The salary of an M.Sc in economics may vary depending on the position you're getting in. The average salary of  M.Sc in economics ranges from 2.5 to 38 LPA. Some of the higher-paying jobs after the completion of an M.Sc in economics are as follows; 

  • quantitative analysts
  • Market analysts 
  • Chief Economists

As the program is subject-specialized and research-oriented, it may be challenging for many students. The program requires skills related to proficiency in mathematics, advanced statistical skills, and the ability to apply practical and theoretical knowledge to real-world problems.

Yes, the huge no of job opportunities in the market, makes the program more in demand. 

M.Sc economics mainly equips you for the position that requires quantitative analysis, data analysis and modeling, critical thinking, communication, research skills, evaluating risk, etc. On the contrary, an MA in economics trains you in theoretical knowledge, practical skills, interdisciplinary courses, preparation for competitive exams, and so on. 

PhD is the highest degree in the field of economics, also known as the research degree.

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