Masters in Economics

Master’s Programme

About M.Sc. Economics

The two-year M.Sc (Economics) programme was launched in 2003. The objective of the programme is to provide a sound training in Microeconomics, Macroeconomics and Econometric methods. A slew of elective courses are also offered. It is possible to choose from one of the following specializations: Microeconomics, Macroeconomics, Econometrics, Development Economics, Energy & Environment. In order to be eligible for award of the degree, one is required to successfully complete 64 credits, over four semesters. The option of completing the programme requirements within 5 or a maximum of 6 semesters can also be exercised in line with the rules.

Vision of the Programme

The two-year M.Sc. programme trains students in economic theory, quantitative methods, and real-world policy analysis. The curriculum is ideal for students with strong quantitative skills. It focuses on issues like poverty, inequality, climate change, health, and finance. Guided by expert faculty and backed by advanced infrastructure, students gain research experience and practical insight. Graduates are well-prepared for roles in academia, policy, and industry, contributing to inclusive and sustainable development

Summer Internships

IGIDR students enrolled in the 2-year M.Sc. programme have, after completion of the first year of course work, interned at leading corporates, financial institutions and academic institutions. The institute has a placement week in December which facilitates summer placement. It is fairly common for students to receive pre-placement offers following successful completion of summer internship

Career Outcomes for M.Sc. Students

IGIDR alumni are working in diverse sectors and in various roles including banking, business analytics, consulting, data science, and economic research.

Category	Details
Corporate Sector Placements	i) M.Sc. students from IGIDR have secured positions in reputed corporate firms. ii) A selected list of recruiting companies is provided in the section on past recruiters.
Academic Progression	i) Our M.Sc. students have joined prestigious international Ph.D. programs. ii) Notable universities include Columbia, Michigan Ann Arbor, and Carnegie Mellon.

Basic Eligibility Criteria

i] The applicants to the MSc programme must have Mathematics at 10+2 level or its equivalent from NIOS or at a higher level.

ii] Applicants to M.Sc. programmes must also have the qualifying percentage of marks or its equivalent in the qualifying degrees as indicated:


Programme	Qualifying Degree	Qualifying Marks Across categories of students
Programme	Qualifying Degree	GEN/GEN-EWS	SC/ST/PwD/ OBC-NCL
M.Sc. Economics	B.A./B.Sc. Economics	55%	50%
M.Sc. Economics	B.Com/B.Stat/B.Sc. (Physics/Mathematics)/BTech/BE	60%	55%

M.Sc. Course Fee

Following are the changes as on ………………………… These may be revised from time to time.


Tuition fee	Rs. 25,000/- per semester
Tuition fee	Rs. 25,000/- per semester
Security Deposit (Refundable)	Rs.

Duration

A 2-year course, extendable to 3 years on a slow track.

Requirements for award of degree

Feature	Details
Credits Requirement	MSc degree requires completing core and elective courses adding up to 64 credits as per regulations.
Core Courses (1st and 2nd Semesters)	Microeconomics I & II, Macroeconomics I & II, Econometrics I & II, Mathematics for Economists, and Development Economics. (4 credits each)
Elective Courses (3rd and 4th Semesters)	Students must choose from various elective courses totaling 32 credits. Students can choose electives that add up to minimum 16 credits for a major field of specialization and minimum 8 credits for a minor field of specialization.

Accommodation

All students are provided residential accommodation.
Additional charges:

Financial Assistance

Need-based financial assistance is available to Master’s students in accordance with the Institute’s guidelines. These scholarships are designed to support students who demonstrate genuine financial need and meet the eligibility criteria outlined by the academic and administrative committees. The aid aims to ensure that no deserving candidate is deprived of quality education due to economic constraints. Interested students are encouraged to apply through the official channels during the application window, along with relevant financial documentation. Final decisions are made after a thorough review of each applicant’s background and needs.

M.Sc. Economics (1-Years)

Basic Eligibility Criteria

i] The applicants to the MSc programme must have Mathematics at 10+2 level or its equivalent from NIOS or at a higher level.

ii] Applicants to M.Sc. programmes must also have the qualifying percentage of marks or its equivalent in the qualifying degrees as indicated:


Programme	Qualifying Degree	Qualifying Marks Across categories of students
Programme	Qualifying Degree	GEN/GEN-EWS	SC/ST/PwD/ OBC-NCL
M.Sc. Economics	B.A./B.Sc. Economics	55%	50%
M.Sc. Economics	B.Com/B.Stat/B.Sc. (Physics/Mathematics)/BTech/BE	60%	55%

M.Sc. Course Fee

Following are the changes as on ………………………… These may be revised from time to time.


Tuition fee	Rs. 25,000/- per semester
Tuition fee	Rs. 25,000/- per semester
Security Deposit (Refundable)	Rs.

Duration

A 2-year course, extendable to 3 years on a slow track.

Requirements for award of degree

Feature	Details
Credits Requirement	MSc degree requires completing core and elective courses adding up to 64 credits as per regulations.
Core Courses (1st and 2nd Semesters)	Microeconomics I & II, Macroeconomics I & II, Econometrics I & II, Mathematics for Economists, and Development Economics. (4 credits each)
Elective Courses (3rd and 4th Semesters)	Students must choose from various elective courses totaling 32 credits. Students can choose electives that add up to minimum 16 credits for a major field of specialization and minimum 8 credits for a minor field of specialization.

Accommodation

All students are provided residential accommodation.

Additional charges:

Financial Assistance

M.Sc. Economics (2-Years)

Basic Eligibility Criteria

i] The applicants to the MSc programme must have Mathematics at 10+2 level or its equivalent from NIOS or at a higher level.

ii] Applicants to M.Sc. programmes must also have the qualifying percentage of marks or its equivalent in the qualifying degrees as indicated:


Programme	Qualifying Degree	Qualifying Marks Across categories of students
Programme	Qualifying Degree	GEN/GEN-EWS	SC/ST/PwD/ OBC-NCL
M.Sc. Economics	B.A./B.Sc. Economics	55%	50%
M.Sc. Economics	B.Com/B.Stat/B.Sc. (Physics/Mathematics)/BTech/BE	60%	55%

M.Sc. Course Fee

Following are the changes as on ………………………… These may be revised from time to time.


Tuition fee	Rs. 25,000/- per semester
Tuition fee	Rs. 25,000/- per semester
Security Deposit (Refundable)	Rs.

Duration

A 2-year course, extendable to 3 years on a slow track.

Requirements for award of degree

Feature	Details
Credits Requirement	MSc degree requires completing core and elective courses adding up to 64 credits as per regulations.
Core Courses (1st and 2nd Semesters)	Microeconomics I & II, Macroeconomics I & II, Econometrics I & II, Mathematics for Economists, and Development Economics. (4 credits each)
Elective Courses (3rd and 4th Semesters)	Students must choose from various elective courses totaling 32 credits. Students can choose electives that add up to minimum 16 credits for a major field of specialization and minimum 8 credits for a minor field of specialization.

Accommodation

All students are provided residential accommodation.
Additional charges:

Financial Assistance

M.Sc. Industrial Organization and Competition policy by Research (2-Years)

Basic Eligibility Criteria

i] The applicants to the MSc programme must have Mathematics at 10+2 level or its equivalent from NIOS or at a higher level.

ii] Applicants to M.Sc. programmes must also have the qualifying percentage of marks or its equivalent in the qualifying degrees as indicated:


Programme	Qualifying Degree	Qualifying Marks Across categories of students
Programme	Qualifying Degree	GEN/GEN-EWS	SC/ST/PwD/ OBC-NCL
M.Sc. Economics	B.A./B.Sc. Economics	55%	50%
M.Sc. Economics	B.Com/B.Stat/B.Sc. (Physics/Mathematics)/BTech/BE	60%	55%

M.Sc. Course Fee

Following are the changes as on ………………………… These may be revised from time to time.


Tuition fee	Rs. 25,000/- per semester
Tuition fee	Rs. 25,000/- per semester
Security Deposit (Refundable)	Rs.

Duration

A 2-year course, extendable to 3 years on a slow track.

Requirements for award of degree

Feature	Details
Credits Requirement	MSc degree requires completing core and elective courses adding up to 64 credits as per regulations.
Core Courses (1st and 2nd Semesters)	Microeconomics I & II, Macroeconomics I & II, Econometrics I & II, Mathematics for Economists, and Development Economics. (4 credits each)
Elective Courses (3rd and 4th Semesters)	Students must choose from various elective courses totaling 32 credits. Students can choose electives that add up to minimum 16 credits for a major field of specialization and minimum 8 credits for a minor field of specialization.