Economics > M.Sc. - Integrated Economics

M.Sc. Integrated Economics - Stands for Master of Science in Integrated Economics. An M.Sc. is a two year postgraduate degree, eligibility for which is an undergraduate degree in any discipline. Economics is the study and analysis of production, distribution and consumption of goods and services. Subjects typically studied under this degree are Micro Economics, Macro Economics, Mathematics & Statistics, International Trade & Finance, Agricultural Economics, Social Economics, Public Economics, Indian Economic Policy, Marketing Management etc.

Basic Eligibility

 

For joining a master's degree in economics a candidate must have completed his/her graduation in any stream. the duration for master's degree is 2 years.

Job Prospects

Economics continues to be ranked among the most popular majors chosen by the majority of students. Due to the widespread use of economics in various sectors, graduates are employed in a range of posts which may, or may not, be related to the discipline they studied. They work in manufacturing, transport, communications, banking, insurance, investment and retailing industries, as well as in government agencies, consulting and charitable organizations.

In addition to the economic consulting work in both the private and public sectors, employment prospects in sectors such as government jobs, journalism, administration, sales, finance, investment banking, and venture capital seem quite bright for economic graduates. Various international organizations like the World Bank and the International Labor Organization offer ample job opportunities to well-known economists.

 

Pay Package :-

In the age of globalization and liberalization economists are supposed to get good returns from their jobs whether in a private or public sector. In government sectors economists are getting Rs. 10,000 to 12,000 per month as assistants while a experienced and seniors have a average salary of  Rs. 25,000 per month.

In colleges and universities, economics teachers are earning somewhere in between Rs. 12,000 to 25,000 per month depending on their seniority and private sectors. In private sector remuneration are even more higher. Economic consultants are also earning better returns depending upon the number of clients they own.

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