Overview
The MCom in Applied Economics is a postgraduate degree that bridges theoretical economic principles with practical business applications. This program equips students with advanced analytical skills to understand and forecast economic trends impacting commerce and industry.
Quick Highlights
| Duration | 2 Years |
| Level | Masters Degree |
| Eligibility | Bachelor's Degree (B.Com, B.A. Economics, BBA, etc.) with min 50-60% marks |
| Entrance Exam | University specific entrance exams or merit-based |
| Avg Fees | INR 20,000 - 2,00,000 per year |
| Sarkari Jobs | Available |
Why Study This Course?
Market Demand:
Moderate/10
- Develop sophisticated analytical and quantitative skills for economic forecasting and policy analysis.
- Gain an in-depth understanding of macro and microeconomic factors influencing business decisions.
- Prepare for specialized roles in financial analysis, economic consulting, and market research.
- Enhance career prospects in both public and private sectors requiring economic expertise.
Who should study?
This course is ideal for commerce or economics graduates (B.Com, B.A. Economics, BBA) who wish to specialize in the application of economic theories to solve real-world business problems. It suits individuals interested in quantitative analysis, economic modeling, market research, financial planning, and policy-making.
Eligibility & Admission
Minimum Qualification:
Bachelor's degree in Commerce (B.Com), Economics (B.A. Economics), Business Administration (BBA), or related fields from a recognized university, typically with a minimum aggregate score of 50-60%.
Entrance Exams
| Exam Name |
Conducting Body |
| University Specific Entrance Exams |
Individual Universities |
| Merit-Based Admission |
Individual Universities |
Top Institutes
Selection Criteria:
Admission is typically based on a combination of merit in the qualifying examination and performance in university-specific entrance tests or interviews.
Government Hubs
| Government Institutes |
| Delhi School of Economics (University of Delhi) |
| University of Mumbai |
| Jawaharlal Nehru University (JNU) |
| University of Calcutta |
| Madras School of Economics |
Notable Private Hubs
| Government Institutes |
| Symbiosis School of Economics (Pune) |
| Christ University (Bangalore) |
| Amity University |
| Shri Ram College of Commerce (SRCC) - Delhi University constituent |
Top Cities Offering This Course
Delhi
Mumbai
Kolkata
Bangalore
Chennai
Pune
Hyderabad
Career Opportunities
Private Sector Scope
Top Industries: Banking and Financial Services,
Consulting Firms,
Market Research Agencies,
Multinational Corporations (MNCs),
Investment Firms,
IT Companies (for business analysis roles)
| Role | Industry | Typical Salary (INR PM - Approx) |
|---|
| Financial Analyst | BFSI, MNCs | 40,000 - 1,00,000 |
| Economic Consultant | Consulting Firms | 50,000 - 1,50,000 |
| Market Research Analyst | Market Research Agencies | 35,000 - 80,000 |
| Business Analyst | IT, MNCs | 45,000 - 1,20,000 |
Government Sector Jobs
Graduates are eligible for exams conducted by:
Reserve Bank of India (RBI),
Ministry of Finance,
NITI Aayog,
Bureau of Indian Economics Services (IES),
State Civil Services,
Economic Advisory Councils,
Public Sector Banks
| Role | Recruiting Body | Typical Salary (INR PM - Approx) |
|---|
| Economic Analyst | RBI, Ministry of Finance | 60,000 - 1,50,000 |
| Research Officer | NITI Aayog, PSUs | 50,000 - 1,20,000 |
| Banking Officer (Specialist) | Public Sector Banks | 45,000 - 90,000 |
| IES Officer | Union Public Service Commission (UPSC) | 70,000 - 2,00,000+ |
IndCareer Editorial Take
Ideal Candidate:
Strong analytical aptitude, good communication skills, interest in quantitative methods, and a foundational understanding of economic principles and business.
Critical Checks before Admission:
- Verify the specific econometrics and statistical software taught in the curriculum.
- Check faculty profiles for industry experience and research areas in applied economics.
- Understand the internship and placement support offered by the institution.
- Compare fee structures and potential ROI across different universities.
Common Misconceptions:
That MCom Applied Economics is purely theoretical or solely for academia. It's highly practical, focusing on real-world business and policy issues.
State-Specific Note:
Several state universities offer MCom programs with specializations. National institutions like Delhi School of Economics and Mumbai University are highly sought after.
Content Accuracy: This content is
curated by experts and verified against current educational standards. While we strive for
accuracy, fees and admission criteria may vary by institute. Please verify with official
sources.
