IGNOU MA In Economics

The Master of Arts in Economics (MEC) is offered at IGNOU (Indira Gandhi National Open University) through open and distance learning modes and the program offers students higher education in economics with the latest and revised curriculum updated according to the latest education policy and the program covers all the aspects of economics such as banking, insurance, finance, academic, computer application and so on which are crucial in present situation of economic industry and its global competence.

The duration of the program is 2 years but it can be completed in a maximum of 5 years. The fee structure of the course is designed in such a way that any student willing to pursue their higher study doesn't face any financial constraint and the entire course fee stands at Rs 16,800 which is affordable and pocket-friendly for every study and working professional.

Economics is necessary for every individual and every student must have basic knowledge related to finance, business, trading, and other economic terms. Candidate who has enrolled in the distance program of the Master of Arts in Economics and have upskilled themselves with their abilities in economics related to forecasting, policy analyzing, and other terms can easily grab lucrative packages at any reading business organization or company as they are in high demand. The economic industry remains constant among booming sectors in the market. To make an individual globally competent in the economic industry IGNOU offers highly accessible study material with flexibility and that allows a student to access the study material at any point in time as per their comfort. 

IGNOU has been known for its quality education through open and distance learning modes and the courses offered under it like the Master of Arts in Economics (MEC) that is globally competent and AICTE-approved  (All India Council for Technical Education). IGNOU is the world's largest open university and it is recognized by UGC-DEB (University Grants Commission-Distance Education Bureau). The structure of the MEC distance program includes Indian Economic Policy, Research Methods in Economics, Micro/Macroeconomic Analysis, Financial Institutions and Markets, and many other important aspects of the economy. 

The eligibility criteria for the Master of Arts in Economics (MEC) at IGNOU are mentioned below:

• Candidate must have completed a bachelor’s degree in any field from a valid and recognized university.

IGNOU Online offers the option of Credit Card/Debit card/Net Banking in its fee payment options but does not provide you a “No Cost EMI” option as of now for any of the online courses.

The examination pattern followed at IGNOU online for different types of courses is semester mode, i.e., exams are conducted by the university at an interval of 6 months. For online courses, exams are conducted through an AI-proctored tool for an unbiased performance evaluation of students.

The economy of our country is expanding at a good rate and currently, the GDP of India is expanding at a 7.2 percent rate which is a good sign for every sector. Candidates who have enrolled themselves in the Masters of Arts in Economics are open to a plethora of career opportunities and various job options. A few jobs that a student under MEC can opt for are:

• Professional Economist 
• Investment Analyst 
• Bank Manager
• Economist
• Statistician

The average salary offered to postgraduate students of Master in Arts in Economics is mentioned below, the salary may vary from one to another, and the original figures are due to economic constraints.