Top Private Colleges for MA Economics in India 2024- Selection Process, Fees, Entrance Exams

Diksha Nautiyal

Updated On: February 16, 2024 08:43 pm IST

MA Economics courses offered for two years into private colleges of India. Find relevant details such as the fees, entrance exams and selection process details here.

Top Private College for MA Economics India

In recent decades, subjects like Finance, Economics, Management, and Accounting have become highly popular among postgraduate students. Economics, a Social Science focusing on factors influencing the distribution, production, and consumption of goods and services, has gained significant interest from graduate-level aspirants. Now, many students wonder, "Which is the best private MA Economics college in India?"

Several private institutions provide higher education in Economics, making it challenging for students to make a decision. Choosing a college involves considering factors like curriculum, fee structure, faculty, and placement opportunities. 

The MA Economics course is specially designed for students who want to make a career in commerce or economics-related fields, such as an HR specialist, budget analyst, etc. The course has a duration of two years divided into four semesters. It provides the students with in-depth information about subjects such as statistics, macroeconomics, microeconomics, Indian economics, budgeting, financial management, etc. 

This article aims to help you compare some of the top MA Economics colleges in India based on these crucial factors.

Considerations When Choosing a Private MA Economics College

Several factors should be taken into account when deciding on an MA Economics college. Some of these factors are outlined below, and being aware of them is crucial to avoid potential issues later on.

1. Reviewing College Brochures: Downloading and thoroughly reviewing the brochures of each college is essential. This helps candidates understand the services offered by the college and the advantages of choosing it.

2. Checking College Rankings: Students should be acquainted with college rankings, including the latest editions of NIRF Rankings and NAAC Grade.

3. Examining Placement History: Candidates should select a college after investigating its placement history from past seasons, facilities provided, and other important details.

4. Evaluating Faculty: Awareness of the faculty, including their achievements, is crucial for understanding the teaching quality of the college. It's also important to ensure that the college's pedagogy is up to date.

5. Reviewing Fee Structure: Candidates should compare the fee structures of different colleges and finalize one that falls within their budget.

6. Considering Infrastructure: The college's infrastructure is a vital factor that should not be overlooked.

7. Comparison of Colleges: Applicants can compare two or many colleges to determine the better one between them.

Other Important Considerations:

Before finalizing a college, candidates should go through the following steps:

1. Fulfilling Cutoff Requirements: Each college has its cutoff, and candidates must ensure they meet these requirements before proceeding to the next steps.

2. Document Submission: Submission of the original copies of required documents is mandatory for admissions.

3. Checking Accreditation and Establishment Date: Applicants should verify the accreditation and establishment date of the college before making a final decision.

List of Top Private Colleges for M.A. Economics

In a world where everything is just one click away, finding a list of top private colleges/ universities for M.A. Economics in India is an easy task. But the difficult choice is finalizing one for yourself. It is very important that the institution you have chosen aligns with your preference and comfort and fulfills your expectations. So, we have curated a list of the top 15 private MA Economics colleges below. Go through the details of these colleges, compare them, and choose the best one.

College/ University Name

Affiliation

Year of Establishment

Location

Fee Structure for MA Economics

Selection Process

Christ University

UGC, NAAC ‘A’ Grade, Deemed to be University

1969

Bangalore

1.51 Lacs

Aptitude Test and Personal Interview

BGU - Birla Global University

UGC

2016

Bhubaneswar

INR 1.71 Lacs

Birla Global University Written Test and Personal Interview

Jindal School of Government and Public Policy

O.P. Jindal Global University, NAAC ‘A’

2009

Sonepat

INR 5.50 Lacs

JGU Entrance Test

Loyola College, Chennai

NAAC ‘A’

1925

Chennai

-

-

Madras Christian College, Chennai

NAAC ‘A’, University of Madras

1837

Chennai

INR 56,000 - INR 60,000

Merit-Based and Personal Interview

Amity University, Noida

NAAC ‘A+’, UGC, AIU

1995

Noida

INR 2.15 Lacs

Written Test and Personal Interview

Madras School of Economics

University of Tamil Nadu

1995

Tamil Nadu

-

Merit-Based on Marks Obtained in Graduation

Parul University

UGC, AIU

2015

Vadodara

INR 1 Lacs

Merit-Based on Marks Obtained in Graduation

School of Business - University of Petroleum and Energy Studies, Dehradun

NAAC ‘B’, UGC, AIU

2003

Dehradun

INR 4.07 Lacs - INR 7.52 Lacs

Merit-Based on Marks Obtained in Graduation

Quantum School of Graduate Studies, Dehradun

Quantum University, UGC, AICTE

2008

Dehradun

INR 1.22 Lacs

Merit-Based on Marks Obtained in Graduation

Rayat Bahra University

UGC, AIU

2014

Mohali

INR 65,000

Merit-Based on Marks Obtained in Graduation

Chandigarh University (CU)

NAAC ‘A’, UGC, AIU Member

2012

Chandigarh

INR 1.48 Lacs

CU Common Entrance Test

Mount Carmel College

Autonomous

1948

Bangalore

INR 86,000 - INR 90,000

Merit-Based on Marks Obtained in Graduation (Minimum 55%)

SJC Bangalore - St. Joseph's College, Bangalore

NAAC ‘A++’

1882

Bangalore

INR 51,000 - INR 50,000

Merit-Based on Marks Obtained in Graduation

Apex University JaipurUGC2018JaipurINR 15,000- INR 60,000Written Test
Shyam Institute of Engineering & Technology (SIET), DausaAICTE2012RajasthanINR 10,000-INR 30,000Merit-Based on Marks Obtained in Graduation

Manav Rachna University - (MRU), Faridabad

NAAC ‘A’, AICTE,1997Faridabad-Merit-Based on Marks Obtained in Graduation

Also ReadBA Economics Admissions in India 2023

M.A. Economics - Career Prospects

Pursuing M.A. Economics from the best college brings great job opportunities for students. From Strategy Analyst to Investment Banker to Stock Broker, you can try your hands on several positions and get paid a handsome salary of up to 30 lacs per annum. Here are some of the top positions that an M.A. Economics can apply for.

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Hope the information above helped you. If you are interested in applying to any of the colleges mentioned above, fill out our Common Application Form and our education experts will get back to you soon after.

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FAQs

What is the duration for a MA Economics course in India?

The duration for a MA Economics course in India is two years divided into four semesters.

What are the topics taught under the MA Economics course in India?

The topics taught under the MA Economics course in India include budget analysis, macroeconomics, microeconomics, statistics, data management, human resource management, organizational behavior etc.

What is the admission process for MA Economics course in India?

The admission process for MA Economics course in India is mostly on the basis of the marks secured in the entrance exam. The entrance exam is either a national level entrance exam or a state level entrance exam or even a university based entrance exam, however, there are some colleges that offer admission on the basis of merit that is the mark secured in the final year of graduation examination.

What entrance exams are conducted to offer admission to MA Economics course in India?

Some of the entrance exams conducted to offer admission to MA Economics course in India include the following:

  • JNUEE
  • BHU PET
  • AUCET
  • DUET
  • MSE Entrance Exam

Is an MA Economics course in India easy?

The MA Economics course in India is not so easy, it requires full potential, regular working hours and dedication to complete the course. Students not only have to clear the exams but also do research, thesis, internships, and take up capstone projects to complete the degree.

Which are the top colleges offering the MA Economics course in India?

The top colleges offering the MA Economics course in India are Delhi University, Jamia Millia Islamia, UPES Dehradun, SJC Bangalore, Christ University Bangalore, Chandigarh University etc. 

Which private colleges offer the MA Economics course in India?

The private colleges offering the MA Economics course in India include Apex University Jaipur, Chandigarh University, Rayat Bahra University, UPES Dehradun, Parul University Vadodara, Amity University Noida, OP Jindal Global University Sonepat, Birla Global University Odisha etc. 

What are the job opportunities for the MA Economics course graduates in India?

The job opportunities for the MA Economics course graduates in India include the following:

  • Budget Analysts
  • Consultants
  • Research Analysts
  • Economists 
  • Credit Analyst
  • Statistician
  • Subject Matter Expert
  • Financial Analyst
  • Data Analyst
  • Policy Analyst

What employment sectors are open for MA Economics course graduates in India?

Various employment sectors are open for MA Economics course graduates in India, these include asset management companies, accounting hubs, government ministries, budget departments, policy think tanks, human resources management companies, universities and colleges, tax departments etc.

Who are the top recruiters for the MA Economics course graduates in India?

The top recruiters for the MA Economics course graduates in India are Deloitte, Crisil, KPMG, AJC Education Services Pvt. Ltd., Toppr, TAK Technologies, ONGC, NTPC, BHEL etc.

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