Career Scope In Higher Study In Economics

In my article I have high lighted the importance of higher studies in the various fields of Economics. In present global scenario of economic development India must compete with other developed countries of the world by inducting talents in economics to boost up national economical in Government and Public sectors.


Many talented student studying in 10th standard class choose their plus 2 study stream in Arts and Humanities stream to achieve some specific ambition in future career. In present scenario of global economic development there are immense requirement of human resources in various fields.

The higher study in the field Economics is a special choice in career option to reach prestigious future target in career. In present scenario career option for new generation is an important decision for future career direction to achieve job satisfaction, social prestige and monetary benefits through good pay packages.

The scope of studying specialized subjects in Economics of your interest and choice will help to build up a challenging career in future.

Career scope after B.A. in Economics

Career development through higher studies in economics require minimum education level of Bachelor's degree in economics to opt for Master degree and PhD.

After successful completion of college study in B.A. in Economics a candidate can choose Post Graduation degree, short term specialized courses according to job market demand or opt for various types finance related jobs in Banks or any financial institutions.

Students aspiring for Post Graduate Degree in the field of Economics/Applied Economics/Business Economics or Econometrics can have opportunity to appear in Indian Economic service examination being conducted by Union Public Service Commission in every year. This is the best career option for the Post Graduate candidates in the field of Economics.

Candidates after Master Degree in Economics can also opt for teaching profession and clear National Aptitude Test(N.E.T) examination under University Grant commission(U.G.C)for the post of Lecturer in colleges or Universities. Good pay package and career advancement scope in teaching profession is presently attracting talents.

Various related higher study courses in Economics

The courses of economics cover multidimensional social aspects of life involving national interest to uplift social status of all classes of people of the country by proper planning of resource allocations in financial budget.

As a social science the higher studies in economics by aspiring students can use their talents to eradicate poverty and sufferings of the backward classes of people in the country through proper distribution of foods and medicines.

Education and health are the main factors for the growth of national economy. Higher studies of economics can help you to develop resources to solve the problems faced by the Government in respect of education and health to the undeveloped sections of people residing in rural areas of the country.

Bachelor Degree courses in Economics

Many colleges in India offer the following Honors Degree courses in Economics and allied subjects for the students of arts and humanities stream with Economics as and Mathematics as combination subjects:
•B.A(Business Economics)
•B.A(Economics+ Transport Management)

Post Graduate Degree courses

•M.A ( Economics)
•M.A ( Applied Economics)
•M.A ( Econometrics)
•M.A ( Business Economics)
•M.A (Development Economics)
•M.A ( Economics and Rural Development)
•M.A ( Rural Economics)

Research study for doctoral degree in Economics and allied study

Candidates aspiring for research study in the various fields of Economics can undergo research study in any Indian Universities:
•M.Phil ( Analytical and Applied Economics)
•M.Phil ( Economics)
•M.Phil ( Econometrics)
•M.Phil ( Business Economics)
•M.Phil ( Development Economics)
•M.Phil ( Rural Economics)
•Ph.D ( Economics)

Some reputed Institutions for higher study in Economics

•Delhi School of Economics, University of Delhi.
•Institute of Economic Growth, University of Delhi.
•Indian Council of Social Science Research, JNU Institutional Area, New Delhi.
•National Council of Applied Economic Research(NCAER), New Delhi.
•Institute of Applied Manpower Research, New Delhi.
•National Institute of Rural Development, Rajendranagar, Hyderabad.
•Center for Economics and Social Studies, Hyderabad.
•Institute of Social and Economic Change, Nagarbhavi, Bangalore.
•Indian Statistical Institute, Kolkata.
•Indira Gandhi Institute of Development Research, Mumbai.
•Institute of Development Studies, Jaipur.
•Department of Mathematics and Economics, IIT, Kanpur.


Higher studies in economics are now a days becoming popular to the talents in Economics because of their special interest gained in their graduation study as well as good job openings in various fields in Government, Corporate world and teaching profession.

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