“Economics is everywhere and understanding economics can help you make better decisions and lead a happier life,'' said Tyler Cowen.

Economics is one of the most promising fields of social science and each year many students take up the stream to join the squad. However, a lot of students find it difficult to choose a course that can get them the exposure they have always wanted. Just because of this, a lot of students are heading out of India to pursue prestigious foreign economics degree courses in the UK, US, and even Australia.

What is Wrong with the Indian Education System?

In an article by The New York Times, “Squeezed out in India, Students turn to the US”, students openly share their plight and shortcoming of the Indian education system to provide them a viable solution for the thirst of learning. Right from the cut-throat competition, to impaired rigidity in the educational system, there are a lot of reasons pushing students to take a resort in foreign universities.

Some of the students even blamed the Indian system for being ignorant of greater intellectual freedom and failure to bestow students with problem-solving skills which are satiated at universities in America and the UK.

What to Do If You Are in India?

Although there is an indefinite number of flaws in the Indian education system, yet there are some exceptional universities that have managed to resolve these problems and are helping students take leverage of good career opportunities in economics.

We are here to introduce you to the top universities providing a degree in economics and what their graduate program has to offer to you. The list includes Universities offering bachelors of arts in economics, masters of arts in economics and other programs in economics. So, let’s get started.

Top Universities of India Known for Their Economics Programs, Graduate Degree and Postgraduate Degree

Where to Look For If You Are in Delhi?

1. Shri Ram College of Commerce, Delhi

Shri Ram College of Commerce is one of the most prestigious institutes in India. The College is affiliated with Delhi University and was established in the year 1920. Having its roots that old, the college has helped many great economists we know today and aspire to be. Arun Jaitley, Anshu Jain, Suneel Bakshi, and film producers like Rakesh Om Prakash Mehra and Gulshan Grover are some of the known Shri Ram College of Commerce Alumni.

Courses to Pursue

The College offers both undergraduate and postgraduate courses in Commerce and Economics programs. The Course offers Bachelor of Arts (Hons.) Economics, Bachelor of Commerce (Hons.), Master of Commerce and Master of Arts in Economics.

The university is known for its excellent academics, faculty, and infrastructure. Most of all, the university is best as recruiters from diverse fields including banking and finance come to offer economics jobs. For admissions, you have to register online, as per the cutoffs in their particular categories are allotted admissions. Other perks such as medical facilities, gyms, labs, well-equipped mess, and common rooms are available.

Take a refresher course in Economics on Superprof.

Shri Ram College of Commerce is one of the best places to study economics. Source: Siksha.com

2. St. Stephens College, Delhi

One of the oldest colleges in Delhi, India, St. Stephens College is not at all archaic in its academic offers. Accredited by NAAC in A-graded Colleges of India, it was established in 1881.

Courses to Pursue

The College offers economic degrees such as B.A, B.Sc., M.A., M.Sc. According to the placement cell of St. Stephen College they released a report claiming, the country’s top consultancy firm McKinsey and Company, A. T. Kearney, Parthenon-EY and Bain Capability Centre have been recruiting students, to know more click here.

Getting an economics degree from St. Stephens College can get you a good job. No wonder, many brilliant students have been offered Scholarships through Delhi University. The admission process for economics is based on a student’s prior academic record.

3. Miranda House, Delhi

By now you will start to realize Delhi is the best place to find countries' best economics degree programs, the top three colleges are affiliated from Delhi University. Located at DU north campus, the college is accredited by UGC and is India’s one of the best-known institutes for economic programs. It was established in 1948 and falls in the NAAC accredited A-grade colleges of India and was positioned no. 1 by prestigious NIRF.

Courses to Pursue

The best part of studying in Miranda House is there are many courses in Arts and Science, the Department of Economics offers B.A. (Hons.) and M.A. Economics. Other than the arts degree in economics you can opt for add-on courses where many courses are available for students to enhance their understanding and problem-solving skills. Admissions are done on merit basis only.

4. Hindu College

Hindu College is one of the esteemed institutions of India. It is a Delhi University affiliated college and was established in 1899. Ranked as a top college of India, the college is reviewed by the students to offer out-of-the-box academic advantages in the field of Economics and business. Other regarded programs of the college include Humanities, Science, Commerce and more.

Courses to Pursue

For admission, a student must have an exceptional academic record, admissions are done on merit basis. You can apply for an undergraduate and postgraduate economics degree. Ranked no.7 in the India Today List of Top Best Colleges in Commerce and 5th best in Arts, it is surely a college that offers the best academic standing for Social Sciences. It also provides an Economics Major.

Want to Study in Bangalore?

5. Christ University, Bangalore

The name of the university might not surprise you, as not only just economics, the University has about exceptional academic offerings in all disciplines. The university was established in 1969 and is accredited “A” by NAAC. It attained its autonomy in 2004 and was declared as deemed to be university in 2008.

Courses to Pursue

The university is located in Bangalore and has three setups, it offers graduate studies, business studies, M.Phil. and a PhD in economics. On opting for Business Degree from University’s Business School a student is assured benefitted from the internship programs, cross-university studies, and also placement activities that are regularly conducted for skill development and better performance.

Christ University is probably the most sought university for economics enthusiasts in Bangalore. Source: Siksha.com

The Best Ones in Kolkata

6. St. Xavier’s College, Kolkata

Established in the year 1860, the college has been reviewed by many students to be the best to offer Development Economics and Major in Economics programs. It is a private college affiliated by Calcutta University. B. Sc. in economics is another program available here.

Courses to Pursue

Other than the Arts degree in the field of commerce and science, a student willing to pursue PhD in Commerce can consider St. Xavier’s as it has good Economic faculty. The admission process of undergraduate admissions starts in May. However, it doesn’t offer a postgraduate program in Economics.

7. Presidency University, Kolkata

Presidency University, formerly known Hindu College is located in Kolkata. It is a public state university and is known as the best college in India to offer a widened perspective on arts and science. It is A-graded by NAAC and also in 2016, it surprised all by debuting in the top 50 college list of NIRF.

Courses to Pursue

The college offers various Bachelor and Master Business Programmes, each year it conducts an entrance exam through West Bengal Joint Entrance Examination Board to provide admission to promising students. The college has a lucrative B.Sc. and M.Sc. in Applied Economics program which includes development economics, econometrics, Economic Analysis, Microeconomics and other sub-fields of economics.

Also, who can forget the recent Nobel Memorial Prize in Economic Sciences, Abhijeet Banerjee, who had completed B.Sc.(H) degree in economics in 1981 from Presidency University.

Abhijeet Banerjee, the renowned economist and Nobel Prize winner is an alumnus of Presidency University. Source: Siksha.com

Top-rated Universities in South

8. Madras Christian College, Chennai

Madras Christian College was established in the year 1837 and is one of the oldest colleges in India. It is known for its academic programs and also makes its way in the list of the top 10 arts and science colleges in India. It is too a NAAC accredited college graded “A”. It believes in quality education and stands upright on it. A variety of courses are offered in different streams at Madras Christian College.

Courses to Pursue

A student can apply for a bachelor's and master arts degree. in Economics. Also, it offers a Major in Economics. Each year many companies participate in the placement program conducted by the college. To study economics at Madras Christian College, a student must have a good academic record, since there are no entrance tests conducted for admission in an economics degree course.

9. Loyola College, Chennai

Located in Chennai, the College was established in the year 1925. It is affiliated by the University of Madras and is an autonomous college for men.

Courses to Pursue

The college offers 19 PG and 19 UG courses which is huge. As for economics, the college offers B.A. (Hons.) and M.A. Economics Courses. It was awarded as College of Excellence for its teaching methodology and research programs.

Other than that feather in its turf, it has received. “The Best Men’s College Award on the Employability Skills” Each year 100+companies come in the University conducted placement program to hire young talent. Claiming to provide 100% placement each year, the college is an assurance of a high-end career in business.

This prestigious college has given us economists like C. Rangarajan, Verghese Kurien, C. K. Prahalad and an array of other think tanks and Celebrities such as such as Vishwanathan Anand, P. Chidambaram, R. Venkataraman (Freedom Fighter, Union Minister and 8th President of India), Arvind Samy, Vijay, Mahesh Babu, Venkatesh, and so on.

Wrapping Up

The aforementioned list of colleges and their exceptional academic offering is evident enough to believe that in India also, you can find a great college to pursue your dreams. These are all highly decorated colleges that have a widened perspective on economics and its possibilities to provide pragmatic results in improving the quality of life globally.

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Graduated but my love for writing is in no mood of taking any pause. I work with a team of excellent and highly experienced content writers. Also, love to play football and have a special love for tech stuff and gadgets.