BA Economics in India

Is India a good place to study
India is currently the 6th largest economy by GDP and 3rd according to Purchasing Power Parity (PPP) and is set to surpass the GDP of the USA by 2050. India also boasts of the largest young population in the world of more than 650 million. It is no surprise that Foreign Direct Investments are pouring in billions to Indian startups with a huge market cap. In a country with a buzzing hive of affluent startup opportunities, with thousands of startups getting established every year, students will get real-time learnings. With student-friendly visas, scholarship opportunities, the students will get the benefit to explore the exciting emerging economy of the world. International students who wish to study economics in India shall be privileged to get practical insights into the country’s growing economy. BA Economics is a combination of Macroeconomics, Microeconomics, and Statistics. Macroeconomics is the study of the national and international economy and covers the broad concepts of income and employment, government budget, and balance of payments. Microeconomics is all about economics concepts at the individual level and covers the study of price determination, market types, demand and supply, and much more. Statistics become an essential element because it helps analyze economic data.

Also, the aspirants pursuing BA Economics from India will get the privilege to have in-depth knowledge about the subject. The international students will study various kinds of subjects under this course such as business and finance, demand and supply, inflation, and deflation in the economy, GDP, capital inflow and outflow, and other topics. With the basics and core concepts covered, the students can analyze trends of demonetization, the impact of Make in India, the introduction of goods and services and tax, and the annual budget.

Benefits of Studying BA Economics in India

Bachelor in Economics can be one of the most exciting and challenging courses for undergraduates. In case if you are deciding to pursue a BA economics, you must read about the following benefits that you can get by pursuing the course from any renowned educational institution in India.

Practical Insights from the Indian Economy

International students who look up to studying BA Economics in India are well-privileged to explore the country’s diversified economic market. Being one the fastest growing economy in the world, the Indian market can become the best example for international students to do an in-depth study of economics. As a developing country, the Indian economy is an emerging growth hub for several national and international companies. Hence, the students can acquire the best case studies to understand several economic aspects such as microeconomics, macroeconomics, and statistical analysis. The country can serve to be the best example where international students can get insights into various economic perspectives from organized and unorganized sectors.

Dynamic Career Options

BA Economics degree from India will enable students to pursue jobs in multiple areas of business and markets. Indian universities have designed the course with an intention to promote ideation and curiosity in the young minds of students that shall help them develop successful careers in the field of banking, finance, actuary, auditing, marketing, etc. BA Economics degree contains versatile career options in different areas, international students get a variety of job opportunities from across the globe. This becomes possible, as the educational institutions in India have designed the economics syllabus that enables the students to have an in-depth understanding of finance, markets, and resource management.

Universal Importance

The knowledge of economics that is based on data and modeling serves the companies and businesses across the globe to a great extent. Acquiring a degree from an Indian university shall equip the students with sharp economic intelligence, the ability to provide information and forecasting to informed decisions to organizations. With our daily lives getting highly influenced by economics from taxes, interest rates, inequality, market development, energy, and the environment, the study of economics is vital and beneficial. With several case studies, industrial visits, consumer surveys, and marketing programs, students will learn to perform consumer behavior analysis that becomes inevitable for the growth of any business. The Indian universities and institutions will empower the students to develop perspectives from the domestic and international levels. Based on the historic and current scenarios, the subject provides various insights on different cultures and society’s behavior from an economic viewpoint. International companies, MNCs, and corporates look up to hiring BA Economic graduates as they can help the company to understand the country’s development and economic growth.

International students in India

Career Options After BA Economics in India

Studying BA Economics holds a bright future with a gamut of career opportunities in various job profiles and also for further educational degrees. Depending on the student’s knowledge capability and ability to use the knowledge in the professional world, the true career path can be framed. Profiles like research assistant to a bank teller or an economist, there are various options to choose from based on the skill-sets, experience, and knowledge of students.

The course opens up widest of the career options some of those are explained below:

Actuarial Science

One of the emerging career options for Economics graduates, Actuarial knowledge is high on demand in the finance and insurance sectors. These sectors hire Actuaries who use mathematical skills and statistical methods to determine risks based on their practical and analytical knowledge base.

Finance

The economic curriculum nurtures the financial intellect and cognizant skills of the students. The interested students can further pursue MBA in Finance and banking or MA in finance or CFA - Chartered Financial Analyst certification post-graduation of this course

Management

After acquiring a degree in economics, choosing an MBA course will open up newer avenues in various domains of management. They include sales, marketing, HRM, public relations, operations, etc.

Economies and Its Related Disciplines

Being a social science in nature, economics has its roots in several humanistic themes like environment, agriculture, political science, etc. There are several interdisciplinary fields in which students can specialize such as agricultural, financial, labor, industrial, international, business, banking, econometrics, etc.

Other Job Profiles

Apart from the above job profiles, several other job openings for a BA Economics graduate are listed below:

  • Business or Economic Writer/ Journalist
  • Sales Analyst
  • Operations Manager
  • Rural Growth and Public Policy Administrator
  • Economic Advisor

Universities offering Bachelor’s in Economics in India

Here is the list of some of the universities in India offering Bachelor’s in Economics:

Course Name University Name Language Before Discount After Discount Duration Intake
ECONOMICS PARUL ENGLISH 2000$ 2000$ 3 YEARS FALL
ECONOMICS Lady shri ram college for women ENGLISH 440$ 440$ 3 YEARS FALL
ECONOMICS Miranda House ENGLISH 400$ 400$ 3 YEARS FALL
ECONOMICS  Hindu college ENGLISH 440$ 440$ 3 YEARS FALL
ECONOMICS Hansraj College ENGLISH 580$ 580$ 3 YEARS FALL
ECONOMICS GD Goenka ENGLISH 2900$ 2900$ 3 YEARS FALL
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