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Master of Science in Economics
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  3. M.Sc (Economics)

Master of Science in Economics

duration Duration

  • 2 Years

eligibility Eligibility

  • Pass in Graduation with Minimum 50% of marks with Economics / Statistics / Mathematics / Commerce / Business / Accounts as a discpline / subject.

calendar Admission Calendar

  • Last Date for Submission of Completed Application Form: April 04, 2025

  • The Master’s program of Economics, by IFHE University provides rigorous, industry-relevant courses driven by excellent resources to support career start in wide range of avenues. The course inducts modern economic analysis and quantitative empirical methods, which inculcate the ability to analyze complex real-world problems in public policy, Multinational Companies and private businesses.
  • The degree emphasizes on the core elements of economic theory, macroeconomics and econometrics. The program features extensive application of mathematics as a tool to facilitate rigorous analysis. The primary objective of the program is to offer a formal training along with an in-depth understanding of - core economic models and methods. The program assures to equip the students to address challenging economic problems.
  • This program is intended to groom students with the principal tools and techniques expected out of a professional economist, thereby opening the floodgates of opportunities encompassing government sector, banking sector, MNCs, NGOs, consulting firms etc. This program offers the best start to those who want to jumpstart their career in economics and related areas.
  • The program has been designed in consultation with eminent experts in the field. The program has been designed, keeping in view the overseas academic and work opportunities that the students may opt for.
Admission Calendar
Last Date for Submission of Completed Application Form April 04, 2025
Interviews April 17-20, 2025
Registration July 21 & 22, 2025
Commencement of preparatory Classes July 31 - August 01, 2025
Commencement of regular Classes August 04, 2025

M.Sc (Economics) Program Structure*

Year 1

Semester I

Semester II

  1. Microeconomics I
  2. Macroeconomics I
  3. Statistics for Economists
  4. Mathematics for Economists
  5. Data Analysis for Economists
  1. Microeconomics II
  2. Macroeconomics II
  3. Econometrics
  4. Financial Economics
  5. International Trade and Finance

Internship Program

Year II

Semester III

Semester IV

  1. Applied Econometrics
  2. Development Economics
  3. 1 Elective stream consist of 2 courses given in Annexure 1
  4. Dissertation and Viva
  1. Public Economics (including Environment)
  2. Indian Economy (Including Regional Economics)
  3. 1 Elective stream consist of 2 courses given in Annexure I
  4. Dissertation and viva

* The program structure is tentative, subject to change (if required).

Each Course Carries 3 Credits; Total Credits of the Program: 68

S.No

Elective Stream

Subjects/Courses

A

Corporate Finance

  1. Capital Structure and Dividend Policy
  2. Corporate Strategic Actions

B

International Finance and Risk Management

  1. International Finance
  2. Risk Management in Financial Institutions

C

Data Science

  1. Mathematics and Statistics for Machine learning
  2. Machine learning in Economics

D

Computational Economics

  1. Foundations of Computational Economics
  2. Computational Methods in Economics

Admission Modalities

The Admission modalities are with reference to the M.Sc. (Economics) Program offered by ICFAI School of Social Sciences (ISoSS), a constituent of the ICFAI Foundation for Higher Education (IFHE), Hyderabad.

Eligibility

Pass in Graduation with Minimum 50% of marks with Economics / Statistics / Mathematics / Commerce / Business / Accounts as a discpline / subject.

The applicant should fulfill the minimum age requirements as prescribed by the respective board through which the applicant has appeared for the qualifying examination. If an applicant is found ineligible even at a later date, after admission into the program, his/her admission will be cancelled. All admissions will be subject to verification of facts from the original certificates/documents of the applicant. The decision of the Admissions Committee regarding eligibility of any applicant shall be final.

The selected applicants will be given Provisional Admission letters on the day of Interview. The provisional admission is subject to payment of admission fee.

Applicants who have appeared for qualifying examination and awaiting results are also eligible to apply provided they complete their examinations (including practical examinations) before July 29, 2025. The admission of applicants will, however remain provisional until they produce marksheets establishing their eligibility. The last date for submitting the proof of Class XII (or equivalent) / Graduation (or equivalent) marksheet is September 17, 2025, failing which the provisional admission will automatically stand cancelled.

Students interested can apply by any one of the following methods:

1. Online Application

Applicants can apply online by filling up the Application Form available at: www.ifheindia.org/isoss and make payment of Rs. 500 towards the cost of an application using Credit / Debit Card (Visa / Master Card) / Internet Banking through secure internet payment gateway. Applicants applying online should upload their passport size color photograph while filling the Online Application. The Prospectus will be sent to such applicants.

2. Download of Application Form

Applicants can fill their details online and download the Application Form from: www.ifheindia.org/isoss and send it to the Admissions Office along with the Bank Demand Draft of Rs. 500 drawn on Scheduled Commercial Bank towards the cost of the application in favor of “IFHE Prospectus-Fee A/c-ISOSS” payable at Hyderabad.

3. Fill the Application Form

Applicants can fill in the application form and send it to the Admissions Office.

All applicants are mandatorily required to indicate their e-mail ID, as all important information relating to programs will be intimated to the applicants by e-mail. Similarly all applicants are required to send their communication by e-mail only to: admissions. isoss@ifheindia.org

Completed application forms should reach the following address before April 04, 2025 by person / post / courier.

IFHE Admissions Office,

# 65, Nagarjuna Hills, Punjagutta,

Hyderabad - 500 082, Telangana State.

Ph: 040-23440966, Toll-free: 1 800 599 0767

e-mail: admissions. isoss@ifheindia.org

The selection for the program is made based on merit. Eligible applicants are required to apply for the program using the Application Form. Final selection will be made based on Personal Interview and past academic record

Fee Schedule

Selected candidates are required to pay the fee as per the schedule given below:

Particulars Due Date Fee (amount in Rs ₹) M.Sc. (Economics) 2 Years
Admission Fee On Interview Day 10,000
Semester I Fee July 10, 2025 75,000
Semester II Fee December 28, 2025 75,000
Semester III Fee July 29, 2026 75,000
Semester IV Fee December 23, 2026 75,000
Semester V Fee July 22, 2027 -
Semester VI Fee December 24, 2027 -
Semester VII Fee July 26, 2028 -
Semester VIII Fee December 27, 2028 -
TOTAL 3,10,000

Caution Deposit

Students are required to pay a caution deposit of Rs. 5,000 for M.Sc. (Economics) Program along with the first semester fee. The caution deposit will be refunded without interest to the students on completion of the program. Caution Deposit is not adjustable against Program Fee and other dues.

Accommodation and Transportation

Limited hostel rooms are available at the campus. Day Scholars can avail bus facility from City to IFHE Campus on payment basis.