Best Economics Colleges in India
Last Updated :
06 Mar, 2024
Best Economics Colleges in India – In India, approximately 3,158 colleges are offering Economics programs. Among these, 1,408 colleges are government-owned, 935 are privately owned, and 815 are operated by public-private partnerships. Economics, a social science focusing on the production, distribution, and consumption of goods and services, encompasses microeconomics and macroeconomics.
The field offers a diverse range of subjects including banking, trade, commerce, insurance, and more. Candidates have the opportunity to pursue degrees such as BA, MA, BA (Hons), BSc, PhD, MSc, MPhil, and others in Economics.
In this article, we will be talking about the top economic colleges in India along with their fees and eligibility criteria.
Best Economics Colleges in India – Highlights
In this table, we are providing some of the highlights of all the economics colleges in India. This table will help you get all the necessary information about the economic colleges in India at a glance.
Particulars
|
Parameters/Statistics
|
No. of Economics colleges |
3,158 |
Annual Fees |
INR < 1 lakh: 801
INR 1-2 lakh: 118
INR 2-3 lakh: 59
INR 3-5 lakh: 62
INR > 5 lakh: 65
|
Top Specialisations |
English, Mathematics, Hindi, Finance, Public Administration, Statistics, etc. |
Accepted Entrance Exams |
CUET, CUET- PG, UGC NET, etc. |
Lists of Private, Public, and Public-Private Economics Colleges in India
In India, there are 3,158 colleges offering Economics programs. Of these, 1,408 are public, 935 are private, and 815 are public-private partnership institutions.
Top Private Economics Colleges in India
We have listed down some of the best private economic colleges in India below:
Private Colleges
|
Total Tuition Fee/Seat Intake
|
Entrance Exams/Eligibility Criteria
|
Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics |
INR 30,000 – INR 97,000
Seats: 180
|
Entrance Exam: MAH CET
Pass in Class 12
|
Christ University |
INR 2 lakh – INR 6 lakh |
Entrance exam: Christ University Entrance Test (CUET)
Class 12 with 60% and graduation with 50% aggregate
|
Symbiosis College of Arts & Commerce |
INR 77,000 – INR 78,000 |
Pass in Class 12 |
Chanakya University |
INR 2 lakh – INR 3 lakh |
Class 12 and graduation with 50% aggregate |
Mount Carmel College |
INR 2 lakh – INR 4 lakh
Seats: 30
|
Graduation with 50% aggregate |
K J Somaiya College of Arts and Commerce
|
INR 2,000
Seats: 660
|
Pass in Class 12 |
Top Public Economics Colleges in India
Below are some of the best public economic colleges in India offering Economics programs, along with their total tuition fees per seat intake and the entrance exams/eligibility criteria required:
Public Colleges
|
Total Tuition Fee/Seat Intake
|
Entrance Exams/Eligibility Criteria
|
Madras Christian College |
INR 56,000 |
Graduation with 50% aggregate |
Gargi College, University of Delhi |
INR 45,000 – INR 46,000
Seats: 833
|
Entrance Exams: CUET, DUET, CUET- PG
Class with 60% aggregate and graduation with 50% aggregate
|
TC Business School |
INR 44,000 |
Pass in Class 12 |
Sri Venkateswara College |
INR 37,000
Seats: 454
|
Entrance Exams: CUET, CUET –PG
Class 12 with 40% and graduation with 50% aggregate
|
Daulat Ram College, University of Delhi |
INR 48,000 – INR 54,000 |
Entrance Exams: CUET, CUET –PG
Class 12 with 40% and graduation with 55% aggregate
|
Top Public-Private Economics Colleges in India
Below are the leading public-private economic colleges in India offering Economics programs, along with their total tuition fees per seat intake and the entrance exams/eligibility criteria required:
Public – Private Colleges
|
Total Tuition Fee/Seat Intake
|
Entrance Exams/Eligibility Criteria
|
Shantarambhau Gholap Arts, Science and Gotirambhau Pawar Commerce College |
INR 20,000 – INR 23,000
Seats: 2,160
|
Pass in Class 12 |
Christ College, Irinjalakuda |
INR 9,000 – INR 10,000
Seats: 266
|
Graduation with 55% aggregate |
G.V.M. Girls College |
INR 46,000
Seats: 1,093
|
Class 12 with 33% aggregate |
Bundelkhand Degree College |
INR 24,000
Seats: 1,210
|
Graduation with 45% aggregate |
Best Economics Colleges in India with Ranking
In the table below, we have provided the list of the best economic colleges in India as per the rankings by NIRF and India Today, along with the fee. As fees are a big consideration for many students, this table will help them gather the much-needed information.
Students can also check out the top-ranked colleges that will help them choose wisely.
Name of the College
|
Rank by NIRF
|
Rank by India Today
|
Yearly Course Fees
|
Miranda House, Delhi |
01 |
03 |
Rs. 14,160 |
Hindu College, Delhi |
02 |
02 |
Rs. 22,500 |
Presidency College, Chennai |
03 |
24 |
Rs. 1,250 |
St. Xavier’s College, Kolkata |
05 |
16 |
Rs. 7,000 |
Loyola College, Chennai |
07 |
08 |
Rs. 11,900 |
Lady Shri Ram College, Delhi |
09 |
04 |
Rs. 19,170 |
Shri Ram College of Commerce, Delhi |
11 |
01 |
Rs. 29,245 |
Hansraj College, Delhi |
12 |
05 |
Rs. 21,865 |
St. Stephen’s College, Delhi |
14 |
NA |
Rs. 42,020 |
Madras Christian College, Chennai |
16 |
07 |
Rs. 6,000 |
Best Economics Colleges in India (ROI)
Outlined below are the leading Economics colleges in India, along with their total tuition fees and annual average package:
College Name
|
Total Tuition Fee
|
Annual Average Package
|
Madras Christian College |
INR 56,000 |
INR 2 LPA – INR 3 LPA |
Christ University |
INR 2 lakh – INR 6 lakh |
INR 2 LPA – INR 4 LPA |
Symbiosis College of Arts & Commerce |
INR 77,000 – INR 78,000 |
INR 3.5 LPA – INR 3.8 LPA |
Gargi College |
INR 45,000 – INR 46,000 |
INR 4 LPA |
Mount Carmel College |
INR 2 lakh – INR 4 lakh |
INR 3 LPA – INR 4 LPA |
Top Recruiters for Economics Graduates
Below are the notable recruiters along with their ratings for placement reviews for Economic Graduates:
College Name
|
Placement Review Rating
|
Prominent Recruiters
|
TC Business School |
4.6 |
Deloitte, Infosys, Dotsquare, Aditya Birla Capital, Axis Bank, etc. |
Symbiosis College of Arts & Commerce |
4.0 |
TresVista, HDFC Bank, Northern Trust, Federal Bank, Deutsche Bank |
Madras Christian College |
3.9 |
Deloitte, TCS, RBS, Wipro, CTS, etc. |
Christ University Bangalore |
3.9 |
Amazon, IBM, Oracle, TCS, Dell, Wipro, etc. |
Gargi College |
3.7 |
KPMG, EY, Genpact, PWC, ZS, etc. |
Best Economics Colleges in India: Eligibility Criteria
For admission to Economics courses in the top colleges, candidates must satisfy the following eligibility requirements:
- For Undergraduate (UG) programs: Students are required to have completed Class 12th from a recognized board.
- For Postgraduate (PG) programs: Students should have obtained a bachelor’s degree from a recognized university.
- Candidates must achieve a minimum aggregate of 55% in their graduation.
Additionally, candidates are expected to appear for entrance examinations such as CUET, CUET PG, UGC NET, etc., to secure admission to Economics colleges.
Best Economics Colleges in India for PG
A postgraduate degree also adds substantial weight to a candidate’s resume, which is why choosing a good college is crucial. Check out the list of the best economics colleges in India for PG below.
- Delhi School of Economics (DSE)
- Indian Institute of Management Bangalore (IIM-B)
- Indian Institute of Technology, Delhi (IITD)
- Indian Statistical Institute (ISI)
- Indira Gandhi Institute of Development Research (IGIDR)
- Gokhale Institute for Politics and Economics (GIPE)
- Ashoka University
- Economics Indian Institute of Management Calcutta (IIM-C)
- Jawaharlal Nehru University (JNU)
- University of Hyderabad
- Madras School of Economics (MSE)
- Indian Institute of Foreign Trade (IIFT)
- South Asian University (SAU)
- Center for Development Studies (CDS)
- Indian Institute of Technology, Guwahati
- Meghanad Desai Academy of Economics
Conclusion
Picking the perfect college is a big choice for students aiming for a career. The colleges we talk about here have shown they’re top-notch economic colleges, educating lots of economists who’ve made big impacts in their fields.
But remember, rankings and reputations can change, so it’s vital to think about what you want and need. Future students should look into things like the quality of teachers, chances for research, ties to industry, and what campus life is like before making a decision.
Best Economics Colleges in India – FAQs
What are the most popular exams accepted for Economics colleges?
CUCET is the most popular entrance exam for studying Economics in Economics colleges. While good grades in CUCET will get you into Economics colleges like LSR, and SRCC.
Which institute is best for economics in India?
Some of the best institutes for economics in India are:
- Indian Statistical Institute (ISI)
- Delhi School of Economics, University of Delhi
- Jawaharlal Nehru University (JNU)
- Indian Institute of Management (IIM) Ahmedabad
- Indian Institute of Management (IIM) Bangalore
What specializations does Economics College provide?
Economics colleges in India provide a wide range of specializations like – Bachelor of Arts, Bachelor of Arts with Honours, Bachelor of Science, Bachelor of Science with Honours, Master of Arts, Master of Science, Doctor of Philosophy.
How much does it cost to study economics in India?
The cost of studying Economics in India is considered to be affordable. Govt. Colleges have annual fees ranging from INR 500 – 1 lakh, and private colleges have fees ranging from INR 1 lakh – 3 lakh.
What are the top recruiters for economic graduates?
Here are a few of the top companies that hire economic graduates – KPMG, Ernst and Young, PWC, DELOITTE, Kotak, ICICI Bank, Visa, and Mastercard.
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