Master of Arts in Economics
Economics delves into the intricacies of the limited resources, unlimited wants' problems which is increasingly becoming a survival problem for mankind, at large. As individuals we are struggling with incessant inflation, Stubborn debts, a crunching job market and lower standards of living. As a collective, we are grappling with scarcity, poverty, inequitable resource allocation, funds misappropriation, growing debts, energy crisis & resource wars.
Our MA in Economics at the Visakhapatnam campus is a sought-after programme diving into this world through an understanding of how markets work and fail.
Eligibility
Admission to the programme requires a Bachelor's degree in Arts with a core specialisation in Economics, BBA, BCom, BSc Mathematics, or BSc Statistics. A minimum aggregate of 60% marks is mandatory. Proficiency in English and a qualifying score in CUET or TISSNET is also a mandatory requirement.
Scope of the Programme
Our MA in Economics programme equips graduates for pivotal roles in banking, finance, and public policy. With a curriculum designed to bridge theory and practice, students develop a strong foundation in economic principles and their application to real-world challenges.
Our programme fosters a research-oriented mindset, empowering students to analyse economic trends and contribute to informed decision-making. This versatile degree opens doors to diverse career opportunities across major corporate sectors.
Key Highlights
Application Domain Experience of Faculty
- Behavioural Economics
- International Finance
- Development Economics
- Micro & Macro Economics
- Political Economy
- Financial Economics
Liberal Education Model
24 credits can be earned across different Schools:
- Business
- Engineering
- Sciences
Venture Development Centre
- Mandatory 2-credit venture development course
- Transcending disciplinary boundaries
- Hands-on learning
- Innovative product creation with business potential
Research Centre
- MURTI Multidisciplinary Research
Infrastructure
- Computer Application Lab
Honours Degree Programme
- 1+ year of research for Honours Degree Programme
Syllabus
Our semester-based curriculum fosters a comprehensive understanding of applied economics. Through in-depth course work and continuous evaluation, students develop a holistic perspective on economic challenges and solutions.
Standard track course offerings
- History of Economic Doctrines
- Optimisation Economics
- Mathematical Economics
- Financial Economics
- Econometrics
- Budgeting & Political Econom
- Indian Economy
- Health Economics
Specialisation course bundles offered
- Development Economics
- Law and Economics
- Traditional Economics
- Environmental and Resource Economics
- New Industrial Economics
- Financial Economics
Career Options
India's economic future is being shaped by thought leaders, and postgraduates in Economics are at the forefront of this intellectual movement! As the nation navigates increasingly complex global economic challenges, the demand for advanced economists, researchers, and policy advisors is rising. India requires a new generation of economic experts to drive innovation in both public and private sectors.
The assets under management (AUM) in the financial services sector are projected to double, reaching US$1,207 billion (Rs. 100 trillion) by the year 2030. This growth trajectory implies a compound annual growth rate (CAGR) of 14% from fiscal year 2024 to fiscal year 2030.
Are you ready to lead groundbreaking research, influence economic policies, and contribute to academic excellence?
Graduates from this programme can explore a variety of career paths, including:
- Research analyst
- Data analyst
- Teacher
- Economist
- Project manager
- Director of operations
- Credit analyst
- Financial analyst
Star Recruiters
Notable Alumni
Infrastructure and Facilities
Fee Structure
M.A. Economics
1st Year
₹1,05,000
2nd Year
₹1,10,200
Scholarships
Merit-Based Scholarships
The scholarship from GAT/National/State Entrance Tests applies only in the first year. To continue receiving it in subsequent years, a minimum CGPA of 8.0 must be maintained.
Apart from the above, the following scholarships are also offered to eligible students.
- Employee Children Scholarships: (60%, 40%, and 20%)
- Loyalty Scholarships: (10% for Any alumni returning to do higher studies/Children of Alumni/Real siblings (Not applicable to step siblings or cousins)/Children of retired employees of GITAM/Spouse of GITAM employees).
- Sports Scholarships: (100%, 75%, 50%, 25% and 15%)
Need-Based Scholarships
- To be eligible for the need-based scholarship, the combined income of both parents/guardians of the eligible student/If the student is married, the combined income of the family, i.e., the student's and spouse's income, must be less than 8.00 LPA.
- The candidates admitted through merit scholarship in the slabs of 75%, 60%, 40%, 25%,and 15%, and the parents/guardians combined income is less than the prescribed limits are eligible for the additional need-based scholarship.
| Scholarship % | Upgraded Scholarship % |
|---|---|
| 75% | 100% |
| 60% | 75% |
| 40% | 60% |
| 25% | 40% |
| 15% | 25% |
Scholarships For Accommodation
- In addition, students awarded need-based scholarships after merit scholarships will receive an additional 20% scholarship specifically allocated for hostel fees at GITAM for slabs: 15%, 25%, 40%, and 60%.
- Students awarded 75% & 100% scholarships are also awarded the same percentage in the hostel and food charges.
Scholarship Percentage
100%
Eligibility for 2024
GAT 2024 Score >=160
CUET(PG) 2024 Score >=190
TISS NET Score >=80
Scholarship Percentage
75%
Eligibility for 2024
GAT 2024 Score >=135 <=160
CUET(PG) 2024 Score >=180 <=190
TISS NET Score >=70 <=80
Scholarship Percentage
60%
Eligibility for 2024
GAT 2024 Score >=120 <=135
CUET(PG) 2024 Score >=170 <=180
TISS NET Score >=65 <=70
Scholarship Percentage
40%
Eligibility for 2024
GAT 2024 Score >=110 <=120
CUET(PG) 2024 Score >=160 <=170
TISS NET Score >=60 <=65
Scholarship Percentage
25%
Eligibility for 2024
GAT 2024 Score >=100 <=110
CUET(PG) 2024 Score >=140 <=160
TISS NET Score >=55 <=60
Scholarship Percentage
15%
Eligibility for 2024
GAT 2024 Score >=80 <=100
CUET(PG) 2024 Score >=120 <=140
TISS NET Score >=45 <=55
