M.Phil in Economics Course
Know about M.PHIL in Economics Course, Economics Eligibility, Career Options After Economics, Employment Area, Top Recruiting Companies, Economics Salary
Admission EnquiryTable of Contents
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 I | Semester 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 III | Semester 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 |
M.Phil Economics College in India
| College/University | Location | Avg. Fees Per Year | Admission Open |
|---|
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