M.Sc. in Economics

The Department of Humanities and Social Sciences, Indian Institute of Technology Delhi offers a two-year full-time programme, Master of Science in Economics. Applications are invited from highly motivated UG students who envisage careers in academia, government, industry, and civil society organizations.

Who can apply?

Eligibility: Bachelor’s degree (B.A./B.Sc./B.Com /B.Stat./B.Math./ B.Tech/B.E. or equivalent)

Minimum qualifications: CGPA of 5.5 for General/OBC/EWS (5.0 for SC/ST/PwD) on a 10 point scale or equivalent or 55% marks (50% for SC/ST/ PwD) in aggregate without rounding-off (of all the years/semesters of the qualifying degree, taking into account all subjects including languages and subsidiaries, all years combined).

Application process: Eligible candidates can apply for the programme through JAM. International applicants may apply using the International Application Portal: https://international.iitd.ac.in/

Special provision for 15 additional seats (in addition to the 25 seats through the JAM examination) only for the year 2024-25: The admission to these additional 15 seats will be through an entrance test to be conducted by the Institute. It is open to all eligible candidates as described in the prospectus (https://home.iitd.ac.in/pg-admissions.php ). Students who have taken the JAM exam already, are also welcome to sit for this exam. Reservations for the additional 15 seats will be as per the institute's norm. Applications for all PG programmes (MA/ MSc/ PhD) at IIT Delhi is expected to open on 20 March 2024. Please see https://hss.iitd.ac.in/msc-economics for details.

Queries: economics@hss.iitd.ac.in

 

 

Highlights

State of the art infrastructure
World class faculty
Located at the heart of Delhi
Hostel accommodation for outstation students (see FAQ)*
Attractive Merit-cum-Means scholarships
Programme Intake: 25 (reservation as per the Institute norms)

Salient features of the programme

Modern

Modern

A modern economics programme, drawing on the strengths of mathematics, computer science, public policy, management, social sciences, and other science and engineering disciplines.

Core

Core foundation

The curriculum has firm foundations in core economic theory.

Computing

Specializations

Students choose fields of specialization in core economics and emerging fields in the intersection of economics with other social sciences, as well as with computer science and mathematics.

Hand-on training

Hand-on training

Students get hands-on expertise in data analytics.

Research

Research

The programme has a strong research component. Two semesters long research project prepares students in identifying research problems, formulating research questions, analysing them, and writing the final dissertation.

Evidence based

Evidence-based

Trained to carry out evidence-based public policy research.

Programme duration

The programme will be a two-year full time comprising of four semesters starting in the July semester. In summer, students will be encouraged to undertake industry/academic/Govt./NGO internship (non-credit component).

Duration
Course structure

Programme Structure

  • Two years (4 semesters)
  • Project in the third and final semester
  • Core: 10 courses (3 or 4 credits each), Research Seminar (3 credits), 2 Labs (4 credits each), and Project (3+9 credits)
  • Program elective: 3 courses (3 credits each)
  • Open elective: 2 courses (3 credits each)
  • Total credits: 75

The detailed programme structure is available in the Courses of Study

Why this programme?

  1. A diversified basket of electives
  2. Branching out in traditional as well as in emerging directions
  3. Two semesters long project prepares the students to carry out independent research
  4. Unique cross-disciplinary after the core foundations in economics

Why
Placement

Placement

Interested companies contact professor-in-charge or placement officer, Training and Placement Cell for a Job Notification Form (JNF) at placement@admin.iitd.ac.in.

JNF requires the companies to fill in mandatory details of the job profile role offered, pay package, place of posting, eligible departments.

Please see the placement brochure for further details.

Frequently Asked Questions

You are eligible to apply if you have a Bachelor’s degree (B.A./B.Sc./B.Com /B.Stat./B.Math./ B.Tech/B.E. or equivalent) with a CGPA of 5.5 for General/OBC/EWS (5.0 for SC/ST/PwD) on a 10 point scale or equivalent or 55% marks (50% for SC/ST/ PwD) in aggregate without rounding-off (of all the years/semesters of the qualifying degree, taking into account all subjects including languages and subsidiaries).

Please check JAM brochure for detail updated information.

Candidates in the final year of their qualifying programmes, who expect to complete all their qualifying degree requirements before the third week of July (or as advertised in the information brochure for the relevant admission year) are eligible to apply for admission. However, their admission would be provisional, subject to their meeting the minimum eligibility criteria after their final qualifying examination results are announced.

Yes, JAM organises the test in different cities all over India. Please check the JAM portal.

JAM portal provides mock test/sample question paper/old question papers.

Visit the JAM portal for more on the application process, requirements, and important dates.

Eligible candidates can apply for the programme only through the JAM (Joint Admission Test for Masters). From the Academic Session 2004-05, IITs started conducting a Joint Admission Test for M.Sc. (JAM). The objective of JAM is to provide admissions to M.Sc. (Two Years), Joint M.Sc.-Ph.D., M.Sc.-Ph.D.

From the year 2021, a new paper Economics (EN) is added and the purview of JAM is extended to social sciences to provide admissions to Masters Programmes in Economics at the IITs. and to reflect this, the name of the exam is changed to Joint Admission Test for Masters (JAM) from 2021 (https://jam.iisc.ac.in/).

The fees for the M.Sc. in Economics programme are as per other M.Sc. programmes at IIT Delhi. The institute dues payable by the 2020 entry batch is ₹29,450/- for General/OBC/EWS and ₹24,450/- for SC/ST/PwD students. Membership of the associated mess is compulsory for the students with hostel accommodation. They will be required to pay mess dues around ₹45,000/- at the time of joining. The above fee may undergo upward revision. The exact amount of fees and mode of payment will be indicated in the admission offer letter. Please check the information brochure for further details.

Please check IIT Delhi PG admission brochure for updated information.

IIT Delhi has an attractive Merit-cum-Means scholarship of Rs. 1,000/- per month. A tuition fee waiver is permissible for M.Sc. students to the extent of 25% of the sanctioned strength as per Institute rules. Only students whose parents’ gross income is up to 4.5 lac per annum are eligible to apply or as per govt. orders as applicable.

For updated information, please check the PG admission information brochure available on the IIT Delhi main website.

Please write to economics@hss.iitd.ac.in or call 011-2659 1371 between 10:00 AM to 04:00 PM.

Usually in the second half of June or early July. Please see the important dates section on the JAM website

All post-graduate students admitted on a full-time basis may, subject to availability, avail of residential facilities in the hostels. The Institute has eleven boys’ hostels and two girls’ hostels. Each hostel is self-contained with amenities such as a reading room, an indoor games room, a lounge and a dining hall with a mess. Hostel rooms are adequately furnished. Please check this website: https://home.iitd.ac.in/hall-of-residence.php.

Please note that currently there is a severe shortage of hostel accommodation owing to renovation activities and the recent increase in student strength. The Institute may not be in a position to offer hostel accommodation to all post-graduate students. In such a case, some of the students will be accommodated in Nalanda/ IP apartments on a sharing basis. They may opt to cook in the apartment, eat out or choose to dine in a nearby hostel mess. The Institute will also try to facilitate students to get accommodation outside the campus, in case the students cannot be accommodated anywhere on campus.

IIT Delhi has an Office of Career Services (https://tnp.iitd.ac.in/) that facilitates the training and placement of our brilliant graduating students. This office is responsible for interaction with various industrial, management, and research organisations in the country and abroad to help students to get adequate training, and enabling them to get suitable employment. As a student of IIT Delhi, you will get full support from the Office of Career Services.
Broadly there are two career prospects: 1) higher studies (PhD programmes) and 2) jobs in the private corporate sector, public sector, banking, insurance and other financial institutions, and NGOs. The department offers a very popular Minor Area in Economics to the Under Graduate B.Tech. students. The preference for economics courses is very high among the students as it helps them to get the best jobs during the placement period.

In summer, students may undertake internships with industry, civil society organisations, government or academia. The internship is not mandatory (non-credit component) but is encouraged for future job prospects.

All foreign nationals (holding foreign passport, including persons with OCI or PIO cards) having qualifying degree from recognised university/institute in India should apply through the JAM. All other foreign nationals are requested to visit http://intladm.iitd.ac.in/ for application procedure and other details.

Please check the JAM information brochure for updated information.

Candidates in the final year of their programmes and who expect to complete all their qualifying degree requirements before the third week of July (or any deadline mentioned in the information brochure of the relevant admission cycle) are eligible to apply for admission. Please see the JAM portal for further information.

Yes, you are eligible provided you meet other eligibility requirements.