M.Sc. Economics: The Right One for You
An economics degree is one of the most sought
after courses in the world. Its scope covers multiple areas of daily life and
those veering towards careers in business, finance, politics or academics can
pursue this degree to boost their careers.
At Symbiosis School of Economics, one of India's top economics honours colleges, economics is considered to be a science and the course structure, pedagogical practices and learning outcomes reflect the same.
A masters in economics course is a thorough study of economics at an advanced level therefore a M.Sc. (Economics) course covers the principles of economic theory, microeconomics, macroeconomics, comparative economic systems, money, banking, cash flows, international economics, statistics, quantitative analytical methods, public policy issues and opportunity cost.
M.Sc. (Economics) is a 2-year PG course that aims at providing specialisation in economics. A master in economics programme, from SSE, provides students with advanced tools and understanding of economics and its concepts in a global and domestic context. The course provides an in-depth and rigorous understanding of the economy, the factors that play a major role in shaping the economy, training in applying the concepts to real-world problems and econometrics.
In addition to the above are economic development, game theory, the economics of natural resources, game theory, Indian economic development, mathematical modelling, human economies and natural ecosystems, demand analysis, theory of production, cost production functions, monopolistic competition, oligopoly competition, the flow of income, the consumption function, investment function and more.
Specialisations offered as part of the M.Sc.
Programme
Another aspect that makes SSE one of the top Economic Honours colleges India is the variety of specializations it offers.
●
International Trade
This specialization module highlights the
angles of politico-economic policy variables on world economies, as well,
particularly in the post-globalized era.
●
Development Studies
This specialization focuses on theories and
methods, both spatial and temporal, which help in forming policies at the
domestic and international levels to achieve optimal social ends. It is geared
towards a multidisciplinary approach that encompasses social and political
angles, other than pure economic concerns.
●
Urban Development
This is a multidisciplinary course that
encompasses issues related to urban development and planning, demography, urban
economics and finance, infrastructure, informal sectors, poverty and
sustainable livelihoods. Issues related to urban sociology, energy and
environment, capacity building of urban development bodies are also discussed,
as are experiences in urban development.
●
Finance
This specialization offers an opportunity to
students whose backgrounds may not necessarily be in Finance to gain an in-depth
grounding with core courses in corporate finance and financial markets, risk,
investments, financial modelling and other applied courses.
Job opportunities in economics in India after studying M.SC. Economics at SSE:
The M.Sc. Economics programme is interdisciplinary. The programme
seeks to develop intellectual discipline, critical and analytical thinking with
a view to grooming passionate individuals capable of taking up responsibility.
Having an eclectic mix of student backgrounds ranging from economics, commerce,
mathematics, statistics, management, and marketing, the diversified student
base brings to the table a board set of ideas, innovations, and a broad
framework of dynamic iterations. This talented student community together with
the knowledge of ethic imbibed at SSE ensures that students are prepared for
roles as managers, economists, statisticians, analysts, and entrepreneurs.
The M.Sc. (Economics) degree is intended for students desiring a rigorous higher education and training in the field of Economics with the aim to pursue career paths that include analytical, empirical, financial, advisory, and managerial and research oriented work at positive and normative levels.
The route to pursue a full-fledged M.Sc. (Economics) is best suited for students who are undecided on a career or whether to study further. It is also a great way for students to achieve the 16th year of education that most universities outside of India require.
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