- The M.A. in Economics is a two-year full-time programme, with each year comprising the summer and winter semesters.
- The M.A. programme of study consists of fifteen courses, of which six are compulsory core courses and nine are elective/optional courses.
- Students are required to complete the programme within a span period of four years of their initial admission.
- The medium of instruction and examination is English.
- Courses are taken in the following sequence:
Semester I: Microeconomic Theory, Introductory Mathematical Economics, Macroeconomic Theory
Semester II: Introductory Econometrics, Markets, Institutions and Economic Growth, Economic Development & Policy in India, One optional paper
Semester III: Four optional papers
Semester IV: Four optional papers
- Candidates who qualify for the award of the degree shall be classified as follows:
First Division 60% or more marks in the aggregate
Second Division 50% or more marks in the aggregate but less than 60%
- Many of our students go abroad for PhD – over the last few academic years, our students got admission offers with fellowships from Princeton, Chicago, Yale, NYU, Brown, Cornell, Wisconsin-Madison, Maryland, Penn-State, Indiana and Washington St. Louis, among others.
- Some of our students join top PhD programmes in India including our own PhD programme.
- The department also has a Placement Cell successfully places students in attractive corporate jobs. Recruiters on campus include Nomura, Goldman Sachs, American Express, Citibank, Genesis, Proctor & Gamble, HSBC, Genpact, ICICI, Royal Bank of Scotland, Pricewaterhouse Coopers, Deloitte, Hewlett Packard and many others.
- Our students are also recruited by public policy research institutions such as World Bank, TERI, IFMR, RBI, J-PAL etc.
Several scholarships are available to the students and are awarded on the basis of merit. Prominent among these are: Dr. Manmohan Singh Fellowship of ` 5000/- per month plus a book grant of ` 7500/- per annum; A.N. Ram scholarship of ` 1200/- per month. Two substantial scholarships in memory of the late Professor Suresh Tendulkar have recently been endowed; the amounts will be announced later.
To alleviate the financial hardship of the needy students, the annual charges/fees may be fully or partially waived, as per the assessment of a departmental committee. Needy students should submit an application at the time of depositing of admission fees for full/partial waiver for the computer fee. This application must be accompanied by statement of circumstances, and certificate of proof of the annual family income.
- Hostel Accommodation: For the girls about 26 seats are available in the Ambedkar Ganguli Students’ House for Women. Women students can also apply to the Meghdoot Hostel and the Post–Graduate Hostel for Women. For male students hostel accommodation are available at V.K.R.V. Rao Hostel, Gwyer Hall, Jubilee Hall, Mansarover Hostel, Post-graduate Men’s Hostel, and International Students House.
- Library: The Ratan Tata library, considered to be housing the best collection in economics in the country, has over 1,80,000 books, subscribes to nearly 1,25,000 bound periodicals and collects numerous publications of governments and international agencies.
- Computer Lab: The department’s computer labs are well equipped. Students have access to software like STATA, GAUSS, EVIEWS and SCIENTIFIC WORKPLACE. Electronic resources like JSTOR, ECONLIT and database like NSS and census are also available.