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Scope in BA Economics (Hons.) in India!

The degree in Bachelor of Arts (B.A) honors in Economics is a 3- year full time graduation course. The student needs to qualify their 10+2 from a recognized board with minimum aggregate marks of 45%. The entire course is divided into 6 semesters of 6 months each. Some colleges also follow the yearly program of examination. The cut off marks for applying in the institute varies in each of them.

Some of the colleges or universities take admission through their entrance tests which are followed by an interview to judge the eligibility of candidate seeking admission.

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This course is best suitable for the students who want to pursue in economics filed. After this under graduation, it can be helpful in perceiving career in programs like MBA or MA. While heading towards MBA the student can build themselves as an entrepreneur with a detailed knowledge of the economy and how it runs.

It is mainly a social science study in economy which has a whole knowledge about production, consumption, distribution of different goods and services. B.A. honors in economics takes into consideration of detailed study of both macro and micro aspects of economics.

This course comprises of definitions, limitations, concepts, utility, production, market and aspects of micro/macro of economics. It also makes them learn different aspects based on which the economy runs. This course will not only allow a student to learn about Indian economy but also lead them cover international economics, while providing them a global scope when it comes to career opportunities.

Top Institutes offering this course are-

  • Lady Shri Ram College for Women
  • Loyola College
  • Christ University
  • Miranda House College
  • Presidency College

The graduates may be hired for Sales Analyst, Economics Researcher, Economist, Customer Profit Analyst, Investment Administrator etc. in the areas such as Analysis/Forecasting Firms, Stock Exchange, Manufacturing Firms, Financial Information Firms, Banks/Credit Unions, International Trade Companies etc.

The average full time fee charged for the course in India ranges between INR 25,000 to 3 lakhs per academic year, and average salary offered between INR 2 lakhs to INR 18 lakhs per annum, which keep increasing with experience and expertise.

The students need to acquire qualities such as numeracy, problem solving, analytical, communication, computing and many more. These qualities can help a candidate to build their career as successful economists. After completing under graduation, the following study will create a scene of the evolution, nature and scope of economics along with the methods of economic analysis.

With a comprehensive detail of the market forces that include aspects of demand and supply, consumption, production and other important but related to economics, this course can help the students accordingly.

This course carries a very crucial aspect in the world of economics. It gives foundation to the economics, and subsequently helps in building strong base by lending better studies regarding the subjects.

The course requires students with sharp capability to solve problems, also comprising of good logical and numerical ability and a path to those who find interest in current social and political activities.

After the completion of the under graduation, the candidate can seek career in prestigious options such as Reserve bank of India, Planning Commission, Planning Board, Ministry of Economic Affairs, and The Indian Economic Service.

Some other career prospects related to B.A. Honors in Economics are-

This course offers a career in trade and commerce and banking sectors of the economy as it offers them a detailed study of the basics of economics. The program would support the development of analytical skill which will further lead for better professional careers. The 3 year course offers a lot of study of the Indian Economy, agricultural economy and industrial economy.

For better work and study, the student should also have theoretical knowledge along with skills so that one can sustain in the industry.

Such aspirants are asset for certain professional companies like National Sample Survey, Economic Researcher, and Investment Administrator. They are also hired in Stock Exchange, Agricultural Companies, Banks/Credit Unions etc.

One can also opt to study in this field by pursuing in M.A. honors in Economics to further acquire knowledge of the subject. By pursuing in so, can make the student eligible for jobs in The Planning Commission of India, The Reserve Bank of India, Ministry of Economic Affairs etc.

After under graduation in economics, if the student wants to pursue for M.A. course they can also find job offering in Government Sectors such as Financial Risk or investment analyst, auditor, economical consultant, financial manager etc.

You can also pursue for PhD. If you are interested for it and can also look for job opportunities in Naukri, Monster, Glass Door, Times job. If you want to pursue a fair job, then you can start your own private tuition making students prepare for the competitive exams.

Keep Hunting!!

Also Read:

Academic details about LLB in India

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