Basic course description:
The term economics comes from two Ancient Greek words meaning “house”, and “custom” or “law”. Hence, “rules of the household for good management”. Economics is about the study of production and consumption of goods and resources. It is about the transfer of wealth within a country and within various countries and continents. Economics, or the flow of material goods, makes the world go round and this is what a degree in economics will help you understand.
- For admission in Indian Universities, the candidate must have a Bachelor’s degree with 45% marks (or equivalent grades) from a recognised university in any discipline.
- Applicant with undergraduate degree in any subject shall be considered. However those with a background in social science or humanities subject would have an advantage.
At the time of admission, you will require the following self-attested documents along with their originals. These documents are especially asked for by Indian Universities:
- Class X Board Examination Certificate
- Class X Marksheet
- Class XII Marksheet
- Class XII Provisional Certificate/Original Certificate
- Character Certificate (recent)
- SC/ST/PwD/CW/KM Certificate (in the name of the candidate) issued by the competent authority
- OBC (Non-Creamy Layer) Certificate (in the name of the Candidate) issued by the competent authority
- Transfer Certificate from school/college
- Migration Certificate from Board /University are required from those students who have passed senior secondary exam from outside Delhi
- Self-attested passport-size photographs.
While applying in foreign Universities, you shall be required to give a Statement of Purpose mentioning why you want to join this course and why you must be chosen for the same. In this highly competitive time, your SoP must be of high-class quality with impeccable English.
A degree in economics will concern itself with a wide range of foundational economics training that shall allow you to analyse economic trends in the transnational market of resources, capital and labour. Here is a list of courses that you could expect in almost every college and University.
- International Economics
- Development Economics
- Indian Economic Issues (especially in Indian Universities)
- International Trade and Capital Flows
- In Indian universities, the fee may range from 15,000/- to around 25,000/- and above per year.
- In foreign universities, fee charged ranges from $22,000 and above.
- University of Melbourne International Scholarships in Australia, 2017:
- Zurich University Scholarship for International Students in Switzerland, 2017:
- Indonesian Education Scholarship (BPI) for Master and Doctoral Programs, 2017:
- University of East Anglia:
- Bachelor’s course may stretch over three to four years.
- Master’s course may stretch over a year or two.
Job prospects, future and industry overview:
Careers you can explore after you gain an economics degree:
- Civil Service fast streamer
- Diplomatic Services operational officer
- Local government officer
- Management consultant
- Quantity surveyor
- Actuarial analyst
- Chartered accountant
- Chartered certified accountant
- Chartered public finance accountant
- Financial risk analyst
- Forensic accountant
- Investment analyst