Economist

What Do They Do?

  • Imagine a company/government wants to invest in a new project(hospital, school).
  • But they have only a limited amount of money.
  • Economists study the situation and help decide how the money should be used wisely.
  • 👉 In simple words: Economists help governments and companies make smart decisions about money, prices, jobs and public services.

🎓 How to Become an Economist

The courses to pursue this career are given below :

These Economics programs help students learn about money, business, prices, banking, markets, trade, and how the economy works.

B.A. / B.A. (Hons.) in Economics

Duration: 3 – 4 Years

Eligibility: 10+2 Pass (Any stream — Arts, Science, or Commerce; Mathematics preferred by top colleges)

Entrance Exam: CUET UG / University Merit-Based

B.Sc. / B.Sc. (Hons.) in Economics

Duration: 3 – 4 Years

Eligibility: 10+2 Pass (Science or Commerce stream with strong Mathematics background)

Entrance Exam: CUET UG / University Entrance Exam

Integrated B.A. + M.A. in Economics

Duration: 5 Years

Eligibility: 10+2 Pass (Mathematics preferred by many universities)

Entrance Exam: National or University-Level Entrance Exam

B.Sc. + M.Sc. in Economics

Duration: 5 Years

Eligibility: 10+2 Pass (Science / Commerce with Mathematics)

Entrance Exam: National or University-Level Entrance Exam

📝 Exam Details

(Click on the exam name to see full details)

CUET UG University Entrance Exam

Note: Economics programs include subjects like money management, banking, trade, business, mathematics, statistics, and economic analysis.

These advanced Economics programs help students specialize in economic research, data analysis, financial systems, public policy, statistics, and global economic planning.

M.A. / M.Sc. in Economics

Duration: 2 Years

Eligibility: Bachelor’s Degree in Economics, Mathematics, Statistics, or related streams

Entrance Exam: CUET PG / IIT JAM (Economics) / University Entrance Exam

M.Sc. in Quantitative Economics

Duration: 2 Years

Eligibility: Bachelor’s Degree with strong Mathematics and Statistics background

Entrance Exam: ISI Admission Test

Ph.D. in Economics

Duration: 3 – 5 Years

Eligibility: Master’s Degree in Economics or related quantitative fields

Entrance Exam: UGC NET / GATE Economics / University Research Entrance Test

📝 Exam Details

(Click on the exam name to see full details)

CUET PG IIT JAM University Entrance Exam ISI Admission Test UGC NET GATE Economics

Note: Advanced Economics programs include research projects, statistical analysis, policy studies, economic forecasting, and real-world data interpretation.

Note:

(Age limits, marks, and admission process may vary depending on the college or state.

Below are some colleges that offer these courses.

These courses are available in many colleges and universities across India. You can choose colleges based on your location, budget, and entrance exams.)

🏛️ Colleges offering these courses in India

(Tap on a college to view details)

After 12th (Undergraduate Degrees)

Shri Ram College of Commerce (SRCC), New Delhi St. Stephen's College, New Delhi Ramakrishna Mission Vidyamandira, West Bengal St. Xavier's College, Kolkata Madras School of Economics (MSE), Chennai University of Hyderabad Dr.B.R.Ambedkar School of Economics (BASE), Bengaluru Guru Jambheshwar University of Science and Technology (GJUST), Hisar

After Graduation (PG & Research)

Delhi School of Economics (DSE), New Delhi Jawaharlal Nehru University (JNU), New Delhi Madras School of Economics (MSE), Chennai Gokhale Institute of Politics and Economics, Pune Indian Statistical Institute (ISI), Kolkata Madras School of Economics, Chennai, Tamil Nadu MIT World Peace University (MIT-WPU), Pune, Maharashtra
STEP 1

Imagine you are working as an Economist for the government or a company.

STEP 2

You study why prices of things like food, petrol, or tickets go up or down.

STEP 3

You check how money problems affect people, shops, and businesses.

STEP 4

You give ideas to help the government or companies make better money decisions.

STEP 5

You help improve things like transport, prices, jobs, and public services.

STEP 6

If learning about money, prices, and business excites you, this career may suit you.

Where do Economists work? (Job Roles + Growth)

Economist work in : Government Organisations, Consulting firms, Banks and financial institutions, Research institutes, Universities, International organisations and Large buisnessess.

🟢 Beginner Roles

Economic Research Assistant

(After B.A. / B.Sc. in Economics)

Collects economic data and prepares reports.

Junior Data Analyst

(After B.A. / B.Sc. in Economics / Statistics)

Studies market trends and business data.

Financial Risk Trainee

(After B.A. / B.Sc. in Economics / Finance)

Helps companies understand financial risks.

🔵 Mid-Level Roles

Financial Analyst

(After M.A. / M.Sc. in Economics)

Analyzes financial trends and investments.

Market Research Analyst

(After M.A. / M.Sc. in Economics / Marketing)

Studies customer demand and market behavior.

Policy Analyst

(After M.A. / M.Sc. in Economics / Public Policy)

Studies government programs and policies.

🟣 Advanced Roles

Chief Economist

(After Ph.D. / Extensive Experience)

Advises companies and governments on the economy.

Quantitative Economist

(After Ph.D. / M.S. in Quantitative Economics)

Builds models to predict market changes.

Consultant Economist

(After Ph.D. / Advanced Master’s)

Gives economic advice to global companies.

International Financial Institutions

Work with global organizations like the World Bank and IMF.

Global Research Organizations

Study economic trends and policies for international research groups.

Multinational Companies

Help global companies understand markets and business growth.

International Investment Firms

Analyze global markets and investment opportunities.

(Click Yes or No for each question)

1. Do you like learning how money is used in daily life?

2. Are you interested in understanding why prices of things go up or down?

3. Have you ever thought about how the government manages its money?

4. Imagine you are working as an economist. A company (eg. McDonald's) wants to open a new store in a city. They approach you for help. You study about the city, the people, how they spend money and financial situation. You use all this information to find out the advantages and disadvantages of opening a new store in that city.Finally you share your findings with the company. Do you like this kind of work?

5. Imagine the government is planning to build new roads, schools, and hospitals in your native town. You study the place and find out what is really needed. You help the government decide how to spend the money on these projects and avoid wasting the money on something that is not needed there. Does this excite you?