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Jagpreet
27 May, 2024
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What comes to your mind when you hear the word economics? Most of you may have thought about money. Well, money is only one aspect of this field. Economics encompasses social systems like markets and business corporations, and its analysis using data and statistical models. Does it seem abstract and complicated? However, it is the foundation to understand all the major aspects of the world we live in. From our routine decisions to the intricacies of the global markets, economics is a key aspect of our lives.
If you are enthusiastic about solving real-world economic problems and are interested in playing with data and statistics that define the business world, studying economics is the way for you. Start your journey by pursuing an online BA in Economics from a reputed college in India. Economics is a common undergraduate major and several universities offer these courses. With the flexibility of online mode, you can simultaneously fulfil other commitments and follow your passion.
Still, have doubts about this course? For all the economics fanatics, we have brought this blog with all the necessary information to familiarise you with the field of economics. Be ready to see economics up close!
A Bachelor of Arts degree is a common undergraduate pathway offered in multiple disciplines. The online BA Economics course is a three-year UG programme specifically designed for students with an interest in the economics field but are somehow unable to attend the regular on-campus course. This degree programme will introduce you to topics like econometrics, the Indian economy, micro and macroeconomics, statistics, different financial systems, accounting, and other core subjects.
The online programme holds equal value in the employer sector. After completing this degree, you can explore career options in the banking sector or work as a teacher, analyst, or economist in government and private institutions. The average salary you can earn after online BA Economics courses ranges between INR 5 to 8 LPA.
Admission to the online BA programme follows a simple process of a few steps which are to be covered online. You might see a few variations in the admission criteria of different universities; therefore, it is best to thoroughly understand the eligibility requirements of the institution before applying. The general eligibility criteria for an online BA in Economics are given below:
You must have completed your 10+2 education from a recognised board in any stream.
Must have scored a minimum of 50% marks in 10+2
If you are a reserved category student, you will get some relaxation in minimum marks criteria in some institutions.
Some institutions require prior knowledge of the subject, though it’s not mandatory.
The admission process for this course is completely online and hassle-free. Let’s have a look at the common steps:
Start by registering yourself on the official website of the university. This will give you further access to the application form.
Complete the online application with your basic details, including personal information, marks from previous years, etc.
Then, move forward to upload the digital copies of all the required documents.
Pay the application fee and click the submit button, but don’t forget to verify your details in the form one last time.
The college/university will verify your attached documents and accordingly will shortlist candidates.
Once shortlisted, you will be directed to pay the programme fee.
Viola! Your admission is confirmed.
| Institution Name | Fee Structure |
| Amity University | INR 95,000 |
| IGNOU | INR 9,600 |
| Symbiosis School for Online and Digital Learning | INR 50,000 |
| Bharathidasan University | INR 3,400 |
| Pondicherry University | INR 9,975 |
| Shivaji University | INR 13,115 |
| Periyar University | INR 5,310 |
| Karnataka State Open University | INR 20,000 |
| Mumbai University | INR 16,295 |
Related: 10 Best Colleges For Online BA in India
The online BA in Economics consists of six semesters. The subjects included in this course will vary in every college and may change in the new academic year. Here we have a generalised coursework for the online BA in Economics:
| Semester 1 | Semester 2 |
| Basic Economics Principles | Mathematics for Economics |
| Basic Microeconomics | Microeconomic Analysis |
| Basic Macroeconomics | Macroeconomic Analysis |
| Basic Statistics | Business Communication |
| Environmental Studies & Waste Management |
| Semester 3 | Semester 4 |
| Indian Economy and Policy | International Economics |
| Theory of Growth & Development | Elective Course 1 |
| Research Methodology | Elective Course 2 |
| Theory and Application of Public Finance | International Economics |
| Introductory Economics | IT Applications in Economics |
| Semester 5 | Semester 6 |
| Term Paper | Portfolio Management |
| Elective Course 1 | Economic Thought |
| Elective Course 2 | Elective Course |
| Environmental Economics |
Economics is a vast field with opportunities in every sector. Your future job role will depend on your area of interest and skill set.
| Job Roles | Average Salary |
| Auditor | INR 4.4 LPA |
| Economic Consultant | INR 10 LPA |
| Actuarial Analyst | INR 7.4 LPA |
| Financial Risk Analyst | INR 6.5 LPA |
| Banker | INR 4.5 LPA |
| Investment Analyst | INR 10.8 LPA |
| Accounts Manager | INR 8.7 LPA |
| Credit Analyst | INR 8.2 LPA |
| High School Teacher | INR 5.4 LPA |
| Financial Advisor | INR 4.7 LPA |
Economics is a dynamic field that affects all directly or indirectly. By studying this subject in depth, you develop valuable skills that prepare you for a wide range of career possibilities. Just remember that it is not only about numbers. It is about using statistical data to narrate stories that shape world policies in the business world. The online BA in Economics course will prepare you for this lucrative industry using the flexible, affordable and convenient education path.
