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category: Arts
Career Name: M.Phil Economics
Career Name: mphil-economics-course
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Academic Pressure: Medium
Job Pressure: Medium
Small Content: Know about M.PHIL in Economics Course, Economics Eligibility, Career Options After Economics, Employment Area, Top Recruiting Companies, Economics Salary
Early Salary Start: 2
Early Salary End: 4
Mid Level Salary Start: 4.8
Mid Level Salary End: 9.8
Senior Level Salary Start: 11
Senior Level Salary End: 20
Content: Know about M.PHIL in Economics Course, Economics Eligibility, Career Options After Economics, Employment Area, Top Recruiting Companies, Economics Salary
Large Content:

M.Phil Economics Course Highlights

Duration Course Duration of M.Phil. (Economics) is 2 Years.
Degree Masters
Full Form Master of Philosophy in Economics
Age No specific Age Limit
Minimum Percentage 50%
Average Fees Incurred INR 2000 - 70,000 PA
Similar Options of Study M.Phil (Commerce), M.Phil (History), M.Phil (Sociology) etc
Average Salary Offered INR 5.11 LPA
Employment Roles Postsecondary / Higher Education Assistant Professor, Research Scientist, Quality Control Analyst, Software Development Project Manager, Psychologist, High School Teacher, Market Research Analyst etc
Placement Opportunities Sigma Aldrich Corp, Scientific Publishing Services, High Schools, Colleges and various other Institutions

M.PHIL in Economics Course Overview

Master of Philosophy with a major in Economics is an advanced postgraduate research degree that takes 2-years to complete. It is the study of the production and consumption of services and goods. It provides students an insight into economical issues in practical situations. Students with strong mathematical knowledge and logical interpretations can excel at this course.

This course is designed to educate students with the theoretical and practical knowledge of social and political influences on economics.

Why study M.Phil (Economics)?

The course improves the analytical thinking and research skills of students. It helps them understand the economical issues of the nation and allows them to resolve these by using their analytical skills and strong mind presence.

Eligibility Criteria M.PHIL in Economics Course

  • Students who are willing to apply for this course must hold a Master’s Degree from a recognized university
  • Age and Percentage requirements vary from college to college.
  • There is a common eligibility test/ entrance exam for M.Phil but some of the colleges hold their own eligibility test.

M.Phil Economics Syllabus

Semester ISemester II

Agricultural Development: Technological Change, Price Policy & Land Reforms

Growth, Sectoral Composition, Poverty and Unemployment

Industrial Development

Intellectual Property Rights TRIPs And Their Implications

Foreign Trade, Trade Policies, and Balance of Payments

Alternative Theories of the Firm -Critical 

Foreign Direct Investment

Williamson’s Model Of Managerial Discretion

Marris Model Of The Managerial Enterprise

Fiscal Policy and Fiscal Reforms

Semester IIISemester IV

Indian Financial System

A Behavioral Model Of The Firm

Game-Theoretic Models

General Equilibrium-Production

Economics of Uncertainty-Individual Behavior Towards Risk

Expected Utility And Certainty Equivalence Approaches

Comparative Statics In A Closed Economy

Relative Efficiency of Fiscal and Monetary Policies in an IS-LM Model-The Crowding-out Effect

Unemployment And The Labour Market

Neo-Classical Labour Market Equilibrium

Career Options after M.PHIL in Economics Course

There are numerous of Banks, IT solutions Organizations, Finance institutions, and Stock Broking Consultancies where these students (M.Phil Economics graduates) can join as Quantitative Modeling Manager, Research Analyst, Economist, Fund Analyst, Equity Analyst/ Financial Analyst, Assistant Professor, Broking Analyst, etc.

1)Private Sector Career Options

  • Quantitative Modelling Manager
  • Research Analyst
  • Economist
  • Fund Analyst
  • Equity Analyst/Financial Analyst
  • Assistant Professor
  • Broking Analyst

2)Private Employment Area

  • Banks
  • IT solutions Organizations
  • Finance Institution
  • Stock Broking Consultancies

3)Public Employment Area

  • Government Banks
  • Central and State Finance Departments

Top Recruiting Companies

Salary Trends

M.Phil. (Economics)Entry Level Salary (LPA)Medium Salary (LPA)Maximum Salary (LPA)
Broking Analyst 2 5.8 12.5
Equity Analyst/Financial Analyst 2.1 4.8 12
Fund Analyst 4 9.8 20
Data Analyst Manager 2.4 6.7 20
Assistant Professor 2.4 5 11
Economics
Meta Title: M.PHIL in Economics Course | Eligibility | Career Options After Economics | Top Recruiting Companies | Salary
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