Bachelor of Arts (BA) Economics
-
3 Years
-
Under Graduate
-
Arts
-
Full Time
3 Years
Under Graduate
Arts
Full Time
A BA or a Bachelor of Arts in Economics is an undergraduate degree in 3 years program that is pursued by students aspiring to be successful in Banking and Finance and other major corporations. BA Economics admission is determined by merit in 10+2 or cut-off marks in entrance tests. Colleges under Delhi University, Banaras Hindu University, AMU Aligarh, etc. take into consideration CUET scores when deciding whether to admit students to BA Economics courses.
The fees for those who pursue a BA in Economics vary between INR 15,000 to 65,000. After completing Bachelor of Arts in Economics programs, participants may decide to pursue an MA or PhD in Economics, PhD in Economics, or MBA. After finishing BA courses in Economics, students can be employed in various jobs such as Indian Economic Services, Banking and Finance sectors, Private and Foreign Banks as well as other sectors.
The majority of students study economics for numerous lucrative job opportunities with starting salaries as low as INR 4 LPA. This, with the accumulation of experience and exposure, goes to 30 - 35 LPA.
The Bachelor of Arts (BA) in Economics is a highly-regarded academic program that equips students with a thorough knowledge of economic concepts, theories, and techniques. Through this BA Economics program students are exposed to an array of classes that focus on issues like microeconomics macroeconomics, economics, as well as economic policies. The courses are designed to provide students with the analytical methods and critical capabilities required to understand intricate economic phenomena and make informed decisions in a variety of circumstances.
Students interested in studying the BA Economics degree must satisfy certain qualifications established by the institution they choose to study at. While the exact requirements will vary the typical requirements include a university diploma or an equivalent qualification that has a solid background in math and economics. Furthermore, certain universities might require applicants to prove their proficiency in English by taking standardized tests like the IELTS or TOEFL. The eligibility requirements are essential for acceptance into the BA Economics program, and laying the foundation for an enjoyable academic experience in the area of economics.
The admissions process for the BA Economics program usually involves applying through the admissions portal at the university along with academic transcripts as well as letters of recommendation and a personal declaration describing the applicant's passion for economics. Some universities may also require applicants to take entrance tests that test their abilities to learn about economics. These tests could include topics that include math, analytical reasoning, and fundamental economic concepts. Achieving a high score on these tests could significantly improve the chances of getting accepted into the BA Economics program. In addition, prospective students must know about the fees that are associated with the program, which differ according to factors like the location of the institution and financial aid opportunities offered. Understanding the financial implications of the pursuit of a BA Economics degree is essential to budget and planning for the course, which generally takes three to four years, contingent on the institution and the curriculum requirements. In general, it is a BA Economics program offers a challenging academic environment where students will gain a profound understanding of economic principles as well as their applications in real-life situations, and prepare for a range of job opportunities in areas like financial consulting, finance as well as public policy, and academics.
| Particulars | Values |
| Course Name | Bachelor Of Arts in Economics |
| Course Level | Under Graduate (PG) |
| Course Duration | 3 Years |
| Examination Type | Semester Based |
| Eligibility Criteria | 50% aggregate marks in 10+2 or equivalent exam |
| Admission Process | Merit-Based/ Entrance Based |
| Specialization | Economics |
| Internship | Yes |
| Entrance Exams | JNUEE, DUET, JMI EEE |
| Course Fee | INR 15,000 to INR 65,000 |
| Average Annual Salary | INR 3 to 35 LPA |
| Top Recruiting Companies | Finance, Education, Business Entities, Law, Research and Development, Actuarial Science, Banking Institutions |
| Job Profiles | HR Manager, Executive Assistant, Administrative Assistant, Data Analyst, etc. |
BA in Economics is a study of different economic theories, econometrics applied economics, and other subjects. BA in Economics courses can be taken by students after passing the board exams for class 12th. BA in Economics courses are offered in all universities and colleges across the nation.
BA in Economics is primarily focused on subjects like Supply and Supply, the History of the Indian Economy, National Income, Inflation, and Deflation as well as production and Supply, etc. Economics as a discipline is concerned with huge amounts of data, so the significance of statistics is in the curriculum of the course.
The field of study for Economics has seen a huge increase in the past decade because of the many opportunities it has to offer. The minimum packages for students who have completed their BA in Economics range from INR 4 to 7 LPA.
Many reasons can be the reason to consider pursuing a BA in Economics The most important points are listed in the following paragraphs for reference.
According to the university depending on the institution, different BA Economics eligibility requirements apply to the BA Economics curriculum. Some institutions accept applicants based on the result of the entrance test and scores from the 10+2 grades. BA Economics admission to other institutions is based on academic achievement. In this piece, we'll examine BA Economics course details, like BA Economics full form, BA Economics subjects, and BA Economics scope.
• Candidates can apply for the BA Economics admissions by visiting the institution, filling in the BA Economics application form, and submitting all the required documents.
• Students are also able to apply via the website of the college, filling out the BA Economics program application form and submitting the necessary documentation.
Students who wish to attend three-year economics courses must meet the following requirements for admission to universities with three-year economics courses:
• Students must pass a Class 12 exam or equivalent from a recognized school board with a minimum of 45% to 50% cumulative CGPA or equivalent from a recognized state school board.
• Some colleges/universities may require applicants to pass a 10+2 exam or equivalent in mathematics, statistics, or economics.
• Furthermore, there are no age limits or admission criteria for studying economics; Applicants of all ages are eligible to apply and enroll in the BA Economics degree program.
Students who want to pursue an undergraduate degree in Economics must pass the prescribed entrance tests for the program. Admissions to specific colleges are made based on entrance exams, followed by an interview.
| Exam Name | Registration Dates | Exam Dates |
|---|---|---|
| CUET | February 2024 | May 15 - May 31, 2024 |
| NPAT | December 2023 to May 20, 2024 | January 1 - May 25, 2024 |
| PUCET | To be Announced | To be Announced |
The BA Economics cut-off is a set of criteria used to determine the eligibility of a student or their admission test score. Students who score less than the cut-off percentage of the university or grades are considered eligible. The BA Economics cutoff for each college is determined by the admissions exam as well as the number of students who take the test.
Anyone who is considering taking a BA Economics degree should have an array of skills to fully comprehend concepts and enhance their academic achievement. These skills are essential to be successful in a career and future performance of employees. BA Economics degree can help students to develop their skills and knowledge.
|
Numerical Accuracy |
Observation Skills |
|
Predictive Nature |
Active Listening |
|
Patience |
Leadership |
|
Decision-Making Skills |
Critical Thinking Skills |
| Academic Year | Subjects / Semester I | Subjects / Semester II |
|---|---|---|
| First Year | Micro and Macro Economics | Economic Theory |
| Mathematical Methods of Economics | Economic Statistics | |
| Financial Systems | ||
| Second Year | History of Economics | Econometrics |
| Development of Economics in India | Economy and Society | |
| Macro & Micro Economics - Intermediate | ||
| Third Year | Economic Development of India | Development Theory |
| Economics of the Society | Foreign Economics Theory | |
| Financial Markets | Financial Economics |
The fee structure for an undergraduate business student ranges from INR 5,000 to 1 LPA. Fees for a business degree can vary depending on the institutions and facilities of the university and the level of education offered.
| Name of College | Average Annual Fees |
| Lady Shri Ram College for Women, Delhi | INR 15,000 |
| Hansraj College, Delhi | INR 20,000 |
| NMKRV College for Women, Bangalore | INR 35,000 |
| GD Goenka University, Delhi | INR 2 LPA |
BA Economics graduates play an important role in the field of business and financial advisory. A bachelor's degree in economics can prepare individuals for a variety of jobs in the private and public industries. BA Economics scope is wide because the professionals can work in the field of accounting, in which they can specialize in analyzing an organization's business or the financial health of an individual.
An MA in Economics is a good choice for those looking to become an instructor or lecturer in the academic world. They can also pursue the option of a Ph.D. or MPhil in a variety of fields like similar fields such as the field of statistics as well as finance.
A variety of Indian companies employ students who have a Bachelor's degree in Economics. BA Economics graduates' work and work are based on their academic achievements and skills. Here are a few of the jobs for BA Economics graduates.
(1). Economic analyst An economist is someone who analyzes the consumption, production, and distribution of wealth to put what he has learned into practice and affect the levers of modern society. An economist's work entails collecting and analyzing data, analyzing trends, and assessing economic issues such as resources, goods, and services.
(2). Statistician A statistician prepares surveys, opinion polls, and questionnaires. They gather and organize data. A statistician analyzes patterns in data to predict future trends based on past trends. They use the information to aid businesses to remain competitive.
(3). AuditorAuditor An auditor is a financial expert who is responsible for keeping track of the accounting of a business. Auditors ensure that the financial records are correct. He or she assists in reducing the risk of investment selections.
(4). Financial Analyst A financial analyst is accountable for financial forecasts as well as research and modeling to aid clients and employers in making strategic choices.
(5). Financial Planner: A financial planner aids clients in achieving their short- and long-term financial goals. This typically involves assessing the financial situation of a person and helping them to create a budget. The primary function of financial planners is to assist clients with creating their budgets, setting goals for savings, and keeping track of their expenses.
|
American Express |
Morgan Stanley |
|
Deutsche Bank |
Goldman Sachs |
|
McKinsey |
E & Y |
|
Deloitte |
Deloitte |
|
KPMG |
HDFC |
The career path after studying economics for career changers is wide-ranging and offers a wide range of tasks and opportunities. The average Bachelor of Economics salary in India for new entrants is INR 4 LPA.
Private Jobs
The BA Economics range in India offers good opportunities through its challenging roles in the public and private sectors. The monthly salary of a BA in Economics in the private sector is INR 35,000. Below is a list of BA Economics jobs in the private sector:
| Top Recruiters | Salary |
| Investment Analyst | INR 7.8 LPA |
| Foreign Trade Analyst | INR 4 LPA |
| Finance Analyst | INR 4.5 LPA |
Government Jobs
There are many government jobs in India after BA Economics and BA Economics monthly salaries range from INR 28,000 to INR 40,000. Here is a list of BA Economics government positions:
| Top Government Companies | Salary per month |
| Commodity Broker | INR 6 LPA |
| Security Analyst | INR 5.1 LPA |
| Economic Development Consultant | INR 9.6 LPA |
Job Profiles
Some of the famous expert avenues open to successful graduates of the BA in Economics degree are indexed below with the corresponding salaries provided for the respective positions.
| Job Profiles | Job Description | Average Salary in INR |
| HR Manager | The Human Resource Manager will lead and direct the recurring capabilities of the Human Resources (HR) department which include hiring and interviewing staff, administering pay, benefits, and leave, and implementing employer guidelines and practices. | INR 6,50,000 |
| Executive Assistant | The most important duties of a government assistant are coping with office-control duties, making tour arrangements, coping with calendar events, Organizing reviews and documents, answering telecall smartphone calls, putting in place meetings, screening visitors, and lots of extra comparable duties. | INR 3,40,000 |
| Administrative Assistant | Administrative Assistants help with the everyday operations of a workplace with the aid of doing obligations consisting of filing paperwork, answering telecall smartphone calls, getting ready files for meetings, and dealing with the calendars of their supervisors. | INR 2,60,000 |
| Data Analyst | An information analyst is chargeable for organizing information associated with income numbers, marketplace research, logistics, linguistics, or different behaviors. They make use of technical understanding to make sure facts is correct and high-quality. | INR 4,20,000 |
BA Economics degrees are offered by several colleges in India. Admissions are based on academic qualifications and admissions tests. Below, in the table, we have listed the BA Economics colleges in India and the BA Economics fees:
|
Colleges |
Fees |
|
Loyola College, Chennai |
Rs. 33,000 |
|
St Xavier's College, Ahmedabad |
Rs. 24,030 |
|
PSG College of Arts and Science, Coimbatore |
- |
|
Presidency College, Chennai |
Rs. 3,735 |
|
Farook College, Kozhikode |
Rs. 3,920 |
|
PSGR Krishnammal College for Women, Coimbatore |
- |
|
Government Arts College, Coimbatore |
Rs. 4,065 |
|
St Thomas College, Thrissur |
Rs. 6,060 |
|
St Teresa's College, Ernakulam |
- |
|
Maharaja's College, Ernakulam |
Rs. 5,795 |
Many private universities in India provide BA Economics programs. The costs of private universities are substantially more expensive than an institution that is a public one. Below,, we have included the private BA Economics colleges in India and BA Economics fees:
|
Colleges |
Fee Structure (Entire Course) |
|
Loyola College, Chennai |
Rs. 33,000 |
|
PSG College of Arts and Science, Coimbatore |
- |
|
PSGR Krishnammal College for Women, Coimbatore |
- |
|
St Thomas College, Thrissur |
Rs. 6,060 |
|
St Teresa's College, Ernakulam |
- |
|
Mar Ivanios College, Nalanchira |
Rs. 5,225 |
|
Viva College, Virar |
Rs. 22,905 |
|
Sacred Heart College, Kochi |
Rs. 18,510 |
|
St Joseph's College, Tiruchirappalli |
Rs. 22,350 |
In comparison to private institutions, government-run colleges offer lower tuition costs. These colleges are renowned across India for their excellent education. Below,, we have listed the state-run BA Economics colleges in India and BA Economics fees:
|
Colleges |
Fee Structure (Entire Course) |
|
St Xavier's College, Ahmedabad |
Rs. 24,030 |
|
Government Arts College, Coimbatore |
Rs. 4,065 |
|
Presidency College, Chennai |
Rs. 3,735 |
|
Farook College, Kozhikode |
Rs. 3,920 |
|
Maharaja's College, Ernakulam |
Rs. 5,795 |
|
Government Victoria College, Palakkad |
- |
|
Government Girls College, Ajmer |
Rs. 3,149 |
|
Parul Institute of Arts, Vadodara |
Rs. 120,000 |
|
Satish Chandra Dhawan Government College, Ludhiana |
- |
|
Khoirabari College, Udalguri |
Rs. 19,540 |
Many private and public Indian institutions offer BA Economics degrees. The BA Economics degree is awarded on merit. Based on the institution, the tuition is different. The list below of the most popular Indian states with BA Economics degrees is provided below.
|
BA in Economics Degree Colleges in Kerala |
BA in Economics Degree Colleges in Tamil Nadu |
|
BA in Economics Degree Colleges in Maharashtra |
BA in Economics Degree Colleges in Gujarat |
|
BA in Economics Degree Colleges in Uttar Pradesh |
BA in Economics Degree Colleges in Bihar |
|
BA in Economics Degree Colleges in Odisha |
BA in Economics Degree Colleges in Uttarakhand |
|
BA in Economics Degree Colleges in Madhya Pradesh |
BA in Economics Degree Colleges in Rajasthan |
BA Economics programs are available at a variety of Indian colleges. Admission tests and merit tests are used to determine the students who will be enrolled in the BA Economics program. The top BA Economics institutes in India's major cities are listed here.
|
BA in Economics Degree Colleges in Chennai |
BA in Economics Degree Colleges in Malappuram |
|
BA in Economics Degree Colleges in Thiruvananthapuram |
BA in Economics Degree Colleges in Madurai |
|
BA in Economics Degree Colleges in Thrissur |
BA in Economics Degree Colleges in Pune |
|
BA in Economics Degree Colleges in New Delhi |
BA in Economics Degree Colleges in Surat |
|
BA in Economics Degree Colleges in Indore |
BA in Economics Degree Colleges in Vellore |
Q. Is a BA in Economics a good degree?
Ans. Yes, a BA in Economics is considered a valuable degree due to its versatility and applicability across various industries. It provides a strong foundation in economic principles and analytical skills, which are highly sought after by employers.
Q. What career opportunities are available with a BA in Economics?
Ans. Graduates with a BA in Economics can pursue careers in fields such as finance, banking, consulting, government, policy analysis, research, and academia. Specific job roles include economist, financial analyst, policy analyst, market researcher, and more.
Q. What skills do I develop during a BA in Economics program?
Ans. A BA in Economics program helps students develop skills such as critical thinking, problem-solving, data analysis, quantitative reasoning, communication, research, and decision-making. These skills are valuable in various professional settings.
Q. Can I pursue further education after completing a BA in Economics?
Ans. Yes, many students opt to pursue higher education after completing their BA in Economics. Common options include pursuing a master's degree (MA or MSc) in Economics, Finance, Statistics, Public Policy, or related fields. Some may also choose to pursue doctoral (Ph.D.) studies for research or academic careers.
Q. What are the typical courses included in a BA in Economics curriculum?
Ans. A BA in Economics curriculum typically includes courses in microeconomics, macroeconomics, econometrics, economic theory, financial economics, statistics, mathematics for economics, and electives in specialized areas such as international economics, development economics, or environmental economics.
Q. What is the difference between a BA in Economics and a BSc in Economics?
Ans. The primary difference between a BA (Bachelor of Arts) and a BSc (Bachelor of Science) in Economics lies in the focus of the program. A BA in Economics may include a broader liberal arts education with a focus on social sciences and humanities, while a BSc in Economics may have a stronger emphasis on quantitative methods, mathematics, and analytical skills.
Q. What are the admission requirements for a BA in Economics program?
Ans. Admission requirements vary depending on the university and country. Typically, applicants are required to have completed secondary education (high school or equivalent) and meet specific academic criteria set by the university. Some universities may also require standardized test scores and English language proficiency tests.
Q. What can I do with a BA in Economics if I don't want to pursue further education?
Ans. Even without further education, graduates with a BA in Economics have diverse career options. They can work in roles such as economic research assistant, data analyst, market researcher, financial planner, policy analyst, or management trainee in various industries such as finance, government, consulting, and non-profit organizations.
Q. How can I prepare for a BA in Economics program?
Ans. To prepare for a BA in Economics program, it's beneficial to strengthen your mathematics, statistics, and critical thinking skills. Reading introductory economics textbooks or articles can also help familiarize yourself with basic economic concepts and theories.
Q. What is the typical duration of a BA in Economics program?
Ans. The typical duration of a BA in Economics program is three to four years, depending on the university's academic structure and whether the program includes internships, co-op placements, or study abroad opportunities.
back