M.Sc. Economics

Programme Overview

The M.Sc. Economics programme at MIT-WPU offers a rigorous and contemporary curriculum designed to enhance analytical and cognitive abilities, preparing students for success in a rapidly evolving economic landscape.

Students gain a solid foundation in areas such as Microeconomics, Macroeconomics, and Econometrics, while also exploring emerging fields like Derivatives, Risk Analysis, and Green Economics-key to understanding the future of finance and sustainability.

The programme emphasises practical learning, integrating real-world projects, internships, and direct engagement with industry professionals. Students develop expertise in advanced data analysis using industry-standard tools like R, Python, and Stata, equipping them to tackle complex economic challenges.

Guided by distinguished faculty and industry experts, students are encouraged to think critically and innovate. Whether aspiring to careers in finance, consulting, public policy, or academia, graduates of this programme are empowered with the knowledge and skills necessary for impactful and versatile careers.

Major Tracks

  • Financial Modelling
  • Introduction to Demography
  • Security Analysis and Portfolio Management
  • Migration and Urbanization
  • Financial Economics
  • Population and Development
  • Financial Risk Management

Duration & Fees

Duration

2 Years

Applications Open for 2025

Fee Per Year

₹ 1,90,000

Scholarship

Scholarship for AY 2025-26 Graduation Marks XII Score

Dr. Vishwanath Karad Scholarship
(100%)

90 & Above

85 & Above

MIT-WPU Scholarship I
(50%)

86 & Above

81 & Above

MIT-WPU Scholarship II
(25%)

84 & Above

79 & Above

Note: Student will have to qualify both the criteria i.e. Graduation Aggregate Score and 12th Aggregate Score for availing the scholarship.

Terms & Conditions Apply:

  • All Scholarships are awarded on a First Come First Serve basis. All Scholarships are awarded as fee adjustments.
  • To continue the scholarship for the entire duration of the programme, a minimum level of the academic score has to be maintained at an 8 CGPA across all semesters, attendance is to be maintained at a minimum of 80 percent and there should be no disciplinary action against the student.

For more detailed information visit our website: https://mitwpu.edu.in/scholarships

Eligibility

Any graduate with a Minimum 50% aggregate score with Economics as a subject (either as a minor or major or elective) at the graduate level from a UGC-approved university with at least 50% marks or equivalent (at least 45% marks, in case of Reserved Class category candidate).

Selection Process

The selection process for M.Sc. Economics is based on the MIT-WPU CET PI 2025 score (Personal Interaction).

Programme Highlights

  • A Foundation for Future Leaders : Our programme fosters critical thinking and practical skills to provide a holistic development of the students for the global economic landscape.
  • Master the Fundamentals : Acquire strong fundamentals in core Econometric concepts, ranging from the core Econometrics and Energy Economics to Labor Economics, Industrial Economics, and Public Policy.
  • Stay Ahead of the Curve : Cutting-edge economic research and real-world problem analysis.
  • Real-World Readiness : Gain hands-on experience through internships, projects, and software apprenticeships.
  • Invest in The Future : 2000+ Scholarships and Global Internship Opportunities
  • Learn from the Best : Benefit from research-based and case-based teaching from renowned experts.
  • Industry Partnerships for Success : Collaborate with over 200 leading corporations and leverage our Center for Industry-Academia Partnerships for career guidance and job opportunities.
  • A Future-Ready Curriculum : Our industry-aligned curriculum is constantly updated to meet the evolving needs of the market.
  • Global Collaboration : Partner with Helwan University, Cairo, Egypt for international exchange and collaborations in areas of Education, Research, Conferences, Students and Faculty Exchange programmes.
  • Industry-Academia Partnership for Career Success : Our dedicated center fosters strong industry partnerships to provide students with structured assessments, training, and grooming for top job opportunities.

Programme Structure

Sr. No Course Name/Course Title Course Type  Credits
1 Microeconomics PC 3
2 Macroeconomics PC 3
3 Mathematics for Economics PC 4
4 Statistics for Economics PC 4
5 Scientific Studies of Mind, Matter, Spirit, and Consciousness UC 2
6 Research Methodology UC 4
7 Yoga UC 1
Total 21
Sr. No Course Name/Course Title Course Type  Credits
1 International Trade and Finance PC 4
2 Advanced Game Theory PC 4
3 Econometric Analysis PC 4
4 Monetary Theory and Policy PC 4
5 Accounting and Financial Management PC 4
6 Peace Building: Global Initiatives UC 2
Total 22
Sr. No Course Name/Course Title Course Type  Credits
1 Applied Econometrics PC 4
2 Development Economics PC 4
3 Data Analysis with Excel PC 3
4 Energy Economics PC 3
5 Financial Modelling PE 4
6 Introduction to Demography PE 4
7 Security Analysis and Portfolio Management PE 4
8 Migration and Urbanization PE 0
Total 22
Sr. No Course Name/Course Title Course Type  Credits
1 Environment & Sustainable Development PC 4
2 Internship PC 4
3 Dissertation PC 5
4 Financial Economics PE 4
5 Population and Development PE 4
6 Financial Risk Management PE 0
7 Basic Statistical Methods for Demography PE 0
Total 21
Specialisation Financial Economics Title Demography Title
1 Financial Modelling Introduction to Demography
2 Security Analysis and Portfolio Management Migration and Urbanization
3 Financial Economics Population and Development
4 Financial Risk Management Basic Statistical Methods for Demography

Career Prospects

Environmental Economist

Industrial Economist

Macroeconomist

Econometrician

Urban Economist

Development Economist

Financial Risk Analyst

Investment Banker

Corporate Finance Manager

Financial Consultant

Financial Planner

Policy Economist

Economic Policy Adviser

Research Analyst

Financial Analyst

Market Research Analyst

Business Analyst

Actuarial analyst

Programme Outcomes

  • Develop advanced analytical and quantitative skills to critically evaluate economic theories, models, and real-world phenomena.
  • Apply economic concepts and statistical techniques to solve complex problems in business, policy, and research contexts.
  • Demonstrate proficiency in data analysis, econometrics, and the use of modern software tools for economic research.
  • Enhance decision-making abilities by integrating economic reasoning with ethical, social, and global perspectives.
  • Communicate economic ideas, research findings, and policy recommendations effectively to diverse audiences.
  • Prepare for careers in academia, industry, government, and research organisations, or for further studies in economics and related fields.

Placements & Recruiters

100% Placement Assistance

Top Recruiters

Alok Ignots Pvt Ltd
Federal Bank Ltd.
Mahratta Chamber of Commerce, Industries & Agriculture
RISE WPU
Tata AutoComp Systems Limited
Grand View Research India Pvt. Ltd.
ICICI Prudential life Insurance Co Ltd
Deloitte Consulting

FAQs

The programme emphasises applied economics, practical learning, and exposure to industry software. Students benefit from rural immersion programmes, guest lectures, collaborative research projects, and a strong alumni network.

The curriculum covers Microeconomics, Macroeconomics, Econometrics, Development Economics, International Economics, Financial Economics, Public Policy, and specialised electives based on current industry trends.

Yes, the M.Sc. Economics degree makes you eligible for doctoral studies (Ph.D.) in Economics or related fields in India and abroad.

Graduates can pursue roles such as Actuarial Analyst, Data Analyst, Economist, Financial Risk Analyst, Stockbroker, Policy Maker, Credit Analyst, Data Scientist, and more in both public and private sectors.

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