MSc Economics Distance Education: MSc economics is a 2-year PG course. This course focuses on advanced economic theory, statistical methods, and how economies work at different levels. During this course, you will learn about microeconomics, macroeconomics, and public economics. The average fee of an MSc in economics is INR 28,000-60,000 yearly. Candidates holding this degree can pursue careers as Economic Analysts, Policy Advisors, Researchers, and more.
Admission to MSc economics is based on the bachelor’s degree marks of candidates. UGC does not offer MSc economics courses in distance mode. Students can apply for admission to MSc economics before the deadline of 30 April 2025. A bachelor’s degree (BSc/BA) is required in the economics discipline.
MSc Economics Distance Education Key Points
- Course Full Name: Master of Science in Economics Distance Education
- About: This course provides a deep understanding of economic theories and practical applications. It’s ideal for students who want to learn more about economics while managing other commitments.
- Program Duration: This course usually lasts for 2 years, split into 4 semesters.
- Course Curriculum: Subjects covered include microeconomics, macroeconomics, econometrics, international economics, development economics, and financial economics.
- Flexibility: Students will get various benefits of distance education, such as flexibility of time and place, broad access to study material, online learning facilities, and lowered fees.
- How to Apply: Eligible students must go to the IMTS Institute website and fill out the application form. Experienced counsellors will guide the students through the admission process.
Note: UGC does not offer MSc economics courses in distance mode.
MSc Economics Distance Education Admission 2025 Latest Update
- Shri Krishna University has opened its admission window for MSc Economics until 29 April 2025.
- Master of Science in Economics at William Carey University is now available for admission till the last date of 30 April 2025.
- Subharti University is currently accepting applications for a Master of Science in Economics until 29 April 2025.
MSc Economics Distance Education Highlights
| Course Name | MSc Economics |
| Full Form | Master of Science in Economics |
| Eligibility | Bachelor’s degree in Economics or related field with a minimum of 50% marks. |
| Duration | 2 Years |
| Average Course Fees | Rs. 28,000/- to Rs. 62,000/- per year |
| Institute Name | IMTS Institute |
| Study Mode | Distance Education |
| Subjects | Microeconomics, Macroeconomics, Econometrics, International Economics, Public Economics, Development Economics, and Financial Economics. |
| Program Level | Postgraduate |
| Age Limit | No specific age limit |
| Job Roles | Economist, Data Analyst, Economic Consultant, Policy Analyst, Financial Analyst, Market Research Analyst. |
| Average Salary Offered | INR 3 LPA – INR 8 LPA |
What is MSc Economics?
MSc Economics Distance Education is an advanced course that teaches you how the economy works. You learn about money, markets, trade, and economic policies. The course covers important topics like microeconomics, macroeconomics, and statistical analysis.
Students study real-world economic problems and learn to solve them using economic theories. This program includes practical training in economic research, data analysis, and policy making. This helps students prepare for jobs in banks, government offices, and business companies.
Benefits of MSc Economics Distance Education
- Work While Learning: Continue your job while studying MSc Economics Distance Education. Apply what you learn directly to your work.
- Economic Understanding: Gain deep knowledge about how economies work. Learn to analyze financial markets and policies.
- Research Skills: Learn how to research economic trends and analyze data. Develop skills valued by employers.
- Career Options: Choose from many job options in banking, finance, government, or teaching.
- Affordable Fees: Pay less than regular college fees. Many universities offer easy payment options and scholarships.
Popular Universities for MSc Economics Distance Education
| Name | Eligibility | Approx Fees |
| Nalanda Open University | Bachelor’s degree with 50% marks | ₹4,400 per year |
| IGNOU | Graduate in any discipline (50%) | ₹12,000 per year |
| Annamalai University | Bachelor’s in Economics (45%) | ₹15,000 per year |
| Rabindra Bharati University | Any graduate with 45% marks | ₹10,000 per year |
MSc Economics Distance Education Admission: How to Apply?
MSc Economics Distance Education Eligibility Criteria
- Basic Qualification: Bachelor’s degree in any subject with minimum 45% marks (40% for reserved categories)
- Subject Requirement: Preference for students with an Economics background, but not mandatory
- Age Limit: No age restrictions for admission
- Language: Must know English as most study materials are in English
MSc Economics DDE Fee Structure
- Total Program Fee: Base tuition fee ranges from ₹4,400 to ₹15,000 per year depending on the university
- Application Fee: One-time payment of ₹500-1,000 for admission form processing
- Study Material Cost: ₹2,000-3,000 per year for printed books and digital resources
- Examination Fee: ₹1,000-1,500 per semester for main examinations
- Assignment Fee: ₹500 per semester for internal assessment submission
- Library Access: ₹1,000 per year for digital library and resource access
- Graduation Marksheets: Original and photocopies of all semester/year marksheets
- Provisional Degree Certificate: From your bachelor’s degree program
- 10th and 12th Certificates: For age and education verification
- ID Proof: Aadhar card, voter ID, or passport
- Passport Size Photos: Recent photographs (4-6 copies)
- Migration Certificate: If changing universities
- Category Certificate: For SC/ST/OBC candidates, if applicable
MSc Economics Distance Education Career Prospects
- Banking Sector: Work as an economic analyst in banks with a starting salary ₹4-6 LPA
- Government Jobs: Opportunities in planning departments and economic advisory roles
- Research Organizations: Research analyst positions in think tanks and institutes
- Corporate Sector: Business analyst roles in large companies
- Teaching: Lecturer positions in colleges after NET qualification
- Financial Services: Economic consultant in financial firms
- International Organizations: Roles in World Bank and IMF with higher qualifications
MSc Economics Distance Education Subjects and Curriculum
Year 1 – Semester 1
| Subject Code | Subject Name | Credits |
| ECO101 | Microeconomic Theory | 4 |
| ECO102 | Macroeconomic Analysis | 4 |
| ECO103 | Mathematical Economics | 4 |
| ECO104 | Statistical Methods | 4 |
| ECO105 | Economic Development | 4 |
Year 1 – Semester 2
| Subject Code | Subject Name | Credits |
| ECO201 | Public Economics | 4 |
| ECO202 | International Economics | 4 |
| ECO203 | Research Methodology | 4 |
| ECO204 | Economic Planning | 4 |
| ECO205 | Financial Economics | 4 |
Year 2 – Semester 3
| Subject Code | Subject Name | Credits |
| ECO301 | Advanced Econometrics | 4 |
| ECO302 | Industrial Economics | 4 |
| ECO303 | Environmental Economics | 4 |
| ECO304 | Agricultural Economics | 4 |
| ECO305 | Monetary Economics | 4 |
Year 2 – Semester 4
| Subject Code | Subject Name | Credits |
| ECO401 | Labor Economics | 4 |
| ECO402 | Regional Economics | 4 |
| ECO403 | Project Work | 6 |
| ECO404 | Economic Policy | 4 |
| ECO405 | Development Planning | 4 |
Conclusion
MSc Economics Distance Education provides a flexible way to improve your career in economics and finance. The program combines theoretical knowledge with practical skills, preparing students for diverse career opportunities. With affordable fees starting from INR 4,400 per year and easy payment options, quality education becomes accessible for working professionals. The 2-year course structure allows students to gain a deep understanding of economic principles while maintaining their current jobs.
FAQs
Ques: Who is eligible for an MSc in Economics?
Ans: MSc Economics eligibility requires a bachelor’s degree in a relevant field from any authorized university with a minimum of 50% of aggregate marks.
Ques: Which college is best for an MSc in Economics?
Ans: Many universities such as Subharti University, Mangalayatan University, NIILM University and SKU are some of the famous universities for Master of Science in Economics.
Ques: Can I do Masters in Economics online?
Ans: yes, Students can opt for this course online but students should make sure that the university they select is officially recognized.
