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Best Economics Colleges in India

Last Updated : 06 Mar, 2024
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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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