The Master of Arts (MA) in Applied Economics is a postgraduate program designed to provide in-depth knowledge of economic theory, data analytics, and policy analysis. It prepares students to apply economic principles to solve real-world problems in finance, business, government, and research sectors.
In today’s data-driven world, the ability to analyze economic trends and make informed policy or business decisions is highly valued. The MA Applied Economics program in Bangalore offers a blend of quantitative analysis, economic modeling, econometrics, and research methodology, enabling students to understand and interpret complex economic phenomena effectively.
Bangalore, being India’s technology and education hub, houses some of the best colleges for MA in Applied Economics, combining strong academic foundations with practical exposure to industry and research applications.
Highlights of MA Applied Economics
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Duration: 2 Years (4 Semesters)
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Eligibility: Bachelor’s degree in Economics or related fields (Statistics, Commerce, Mathematics)
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Admission Process: Merit-based / Entrance test followed by an interview
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Average Fees: ₹80,000 – ₹2,50,000 per year
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Top Recruiters: RBI, NITI Aayog, World Bank, Deloitte, EY, Research Institutes, Banks, NGOs
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Average Salary: ₹5 LPA – ₹10 LPA
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Core Focus: Economic Policy, Econometrics, Data Analytics, Financial Economics, Development Studies
What is MA Applied Economics?
The MA in Applied Economics program is a blend of theoretical economics and practical applications. Students gain expertise in quantitative techniques, statistical modeling, and policy evaluation, enabling them to apply economic tools to solve complex problems in business, governance, and research.
The program focuses on microeconomics, macroeconomics, econometrics, and applied data analysis, giving students a strong analytical base. It also incorporates software training in R, Python, and SPSS, preparing them for careers in data analytics, policy consulting, and financial research.
Graduates of MA Applied Economics are highly sought after for roles in banking, financial institutions, government agencies, and international organizations.
List of Top MA Applied Economics Colleges in Bangalore
Direct Admission in MA Applied Economics
Some top private colleges in Bangalore offer direct admission under the management quota for students who meet the eligibility requirements but prefer a simplified admission process.
Benefits of Direct Admission:
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No entrance exam required
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Faster admission process
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Guaranteed seat for eligible candidates
MA Applied Economics Syllabus
The MA Applied Economics syllabus combines classical economic theories with modern analytical tools and statistical applications.
Core Subjects Include:
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Advanced Microeconomic Theory
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Advanced Macroeconomic Theory
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Econometrics and Quantitative Techniques
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Development Economics
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International Trade and Finance
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Public Economics and Policy
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Financial Economics
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Industrial Organization and Strategy
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Data Analytics for Economics
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Research Methodology and Dissertation
Practical Components:
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Econometric software training (R, STATA, SPSS)
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Case study analysis
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Research projects and seminars
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Internship or fieldwork in policy or research organizations
Career Opportunities After MA Applied Economics
Graduates of MA Applied Economics can explore a wide range of career paths across sectors like finance, government, consulting, data analytics, and academia.
Top Career Roles:
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Economist
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Data Analyst / Financial Analyst
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Policy Advisor / Research Associate
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Market Researcher
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Investment Consultant
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Economic Consultant
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Statistician
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Risk Analyst
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Academic Researcher or Lecturer
Top Recruiting Sectors:
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Government Departments (RBI, NITI Aayog, Ministry of Finance)
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International Organizations (UN, World Bank, IMF)
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Private Financial Institutions and Banks
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Consulting Firms and Think Tanks
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Research and Academic Institutions
Why Study MA Applied Economics in Bangalore?
Bangalore is one of the best destinations in India for studying Applied Economics because of its strong academic ecosystem and proximity to financial, research, and tech industries.
Advantages:
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Home to leading universities with advanced economics and data analytics programs.
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Access to internships and research projects with corporate and government organizations.
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Exposure to real-world economic and financial issues through seminars and workshops.
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Opportunities for networking with economists, policy analysts, and business leaders.
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Integration of technology, data science, and economics in the curriculum.
Placements and Salary
Graduates from reputed colleges in Bangalore secure placements in both private and public sectors, with attractive salary packages and growth opportunities.
Average Salary Range:
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Entry-Level Economist / Analyst: ₹5 LPA – ₹7 LPA
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Experienced Policy Researcher / Consultant: ₹8 LPA – ₹12 LPA
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Senior Economist / Data Scientist: ₹10 LPA – ₹18 LPA
Top employers include RBI, Deloitte, EY, Infosys, Tata Institute of Social Sciences, and various government think tanks.
Conclusion
The MA Applied Economics program is an excellent choice for students who wish to build strong analytical, quantitative, and research skills. It offers diverse career opportunities in finance, data analysis, public policy, and academia.
Bangalore’s reputed universities, thriving economic environment, and exposure to cutting-edge research make it an ideal place to pursue this program.
Choosing MA Applied Economics in Bangalore opens pathways to a rewarding career contributing to national and global economic development.
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Top 10 MA Applied Economics Colleges in Bangalore
Top Courses
List of Best 10 Colleges in Bangalore
- Yenepoya University Bangalore
- Navaneetham College of Nursing Bangalore
- Vanshika Group of Institutions Bangalore
- Hita College Of Nursing Bangalore
- Samvaad Institute of Speech and Hearing Bangalore
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- Naseema Institute of Speech and Hearing Bangalore
- Dr. S.R Chandrasekhar Institute Of Speech And Hearing Bangalore
- Chanakya University Bangalore
- Acharya Institute of Health Sciences Bangalore
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