What does a degree in MSc in Economics entail?

MSc Economics is a post-graduate degree in Economics which is either a terminal degree or
one that precedes the Ph. D degree in specialized courses. This degree encompasses training
in the theories of economics and applied economics. An MSc degree usually has a very
rigorous curriculum which is math heavy, aimed at building a quantitative insight to economic
theories. The course is a two-year one, which is designed to prepare students for further
specialization in sectors like Finance, Behavioural Economics, Public Policy, Government jobs
or corporate roles.

The students generally have to write a thesis to complete this degree.The curriculum majorly has core subjects like Econometrics, Development Economics,International Economics and Advanced Economic Theory which are intended to create employable students. The thrust is on quant heavy subjects like Micro Economics, Macro Economics, Applied Mathematics and Econometrics, which are studied in depth to get a holistic understanding of the economic theories. There are elective or optional courses as well like; Industrial health, Agricultural Economics, Financial Economics or Public Finance. These courses can help a student in pursuing specialized Ph. D degrees like Masters in Development Economics, Masters in International Economics or Masters in Agribusiness Economics etc.,

The eligibility for Masters in Economics usually comprises of a strong quant background like an
Honours degree in Economics and subjects like Statistics, Mathematics, Calculus, Probability
and Linear Algebra. This is a foundation for the Masters course which is mainly quantitative in
nature. It also includes contemporary economics, which acts as a base to get a special focus
with related fields and sub-fields. Since economics is a subject that is close to the real world,
affecting our lives with every policy change, the students have to be trained in inter-disciplinary
Specializations.

There are many colleges that offer a Masters/MSc in Economics, but few manage to make a cut
above the rest. Symbiosis School of Economics is one of the best economics colleges in India.
SSE offers an MSc degree in Economics which focuses on the quantitative economics very
heavily. Their curriculum is one of the best when it comes to learning quantitative economics in
India, given the thrust they put on mathematical applications of economics theories. SSE trains
its students in applying the concepts of economics to real life. Students who get through the
two-year rigorous training are made eligible for employment in several sectors like; academia,
consulting, banking, NGOs, private enterprises, financial services etc.,

The teaching style is very holistic and modern in keeping with the changing times. The college
conducts various conferences, workshops and guest lectures to expand a student’s horizon.
They are aimed at making the student more capable of grasping academic insights coupled with
industrial skill-sets. It’s a very interactive way of teaching and imparting knowledge, so that
students understand concepts in a simpler manner and are able to solve real-life problems. The
whole environment is very dynamic for learning and building analytical skills.


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