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Which is better for M.S. in Quantitative Economics; ISI Kolkata or ISI Delhi?
Both ISI Kolkata and ISI Delhi are excellent institutes offering the MS in Quantitative Economics program. It’s difficult to compare the two as they have similar admission criteria, placement, and even scholarship opportunities.
However, if I had been in your place, I would have chosen ISI Kolkata as it has more courses, professors, and students. The students get to interact with students in non-MSQE courses.
What is the average package for BITS Pilani Msc Economics
Usually, the students at BITS opt for a dual degree program along with a Master’s in Economics, which will give them more opportunities. The bank companies are looking forward to the students from the economics branch who possess skills, and they mostly visit BITS Pilani. The offer package ranges from 11-14 lakhs per annum. Other than this, the analytics companies also give placement to students in economics with a package of 8-9 lakhs per annum. This is the current package status for BITS Pilani in the Economics batch.
How is MSc. Economics in IIT Roorkee?
I am a student of MSc. Economics at IIT Roorkee. Here are some advantages of joining this institution for an MSc. in Economics:
- The classrooms and library are well-equipped at IIT Roorkee.
- The teaching quality is excellent.
- All the professors are very helpful and highly qualified.
- The department of Economics at IIT Roorkee conducts various programs to make its students industry ready. The students are guided on important topics such as how to crack an interview.
- The department students receive internship offers from prestigious organisations like RBI and Ministry of Finance, and the private sector.
- The hostel facilities at IIT Roorkee are excellent.
- The median salary offered to MSc. Economics graduates during placements is around INR 12 LPA.
Based on all these factors, I would say that the MSc. Economics program at IIT Roorkee is worth opting for.
What can I expect after completing MSc Economics from IIT Roorkee?
A recently introduced course, MSc Economics at IIT Roorkee is slowly unfolding its plethora of opportunities. Being a technical institute the curriculum of this program has more analytical aspects giving the IITians an edge over non-IITians.
The curriculum is at par with various top private and government universities in India as well as abroad.
IIT Roorkee has a lot to offer in terms of exposure in the form of conferences, seminars, workshops, lecture talks, and great infrastructure that help the students gain more than just theoretical knowledge.
Career prospects
- The internships and placements scenario is excellent with almost the entire batch getting placed in top government and private firms.
- You can go for a corporate job or even for higher education.
- Some job prospects of students of this program are consultant, policy analyst, business analyst, professor, data scientist, financial adviser, and statistician in the corporate sector.
- The most appealing job profile is that it is the Data Analyst
- IIT Roorkee provides excellent research opportunities outside India mainly because most of its professors have international exposure through seminars and conferences and offer constant assistance.
- There are many who plan for a Ph.D. and attempt to clear their Ph.D. for the same
The placements and career prospects for MSc Economics are in abundance but for MSc Mathematics you have the only option to go for Ph.D.
How is the MSc. economics at the IIT Kharagpur? What are the various future career options?
Integrated MSc Economics course at IIT Kharagpur is one of the few branches of IIT Kharagpur that has top recruiters offering high-paying jobs apart from Mathematics in Msc and other core branches of BTech.
The course covers Micro, Macro, Statistics, Finance, Economics, Probability, and statistics along with Environmental studies.
This course offers a plethora of job prospects for corporate recruiters like
- Data analysts
- Business analysts
- Consultant for firms
- Accountants, Management
- Financial advisors in stocks or derivatives, etc.,
As far as the Government sector is concerned, some top roles include
- Indian Economic Services
- Grade B in RBI
- Specific posts in various sectors like NABARD
- Or other public and private banks
However, if you are more inclined towards teaching then you can also become a professor in Universities. Other options include Civil Services, SSC Cgl, RRB, etc.
You can go for the Integrated MSc. Economics at IIT Kharagpur and wait for the amazing opportunities it has to offer.
How is the MSc in economics in IIT Kharagpur?
The Economics branch is slowly becoming one of the best branches of IIT Kharagpur. Integrated M.Sc. (5 years) in Economics opens with JEE rank 3615 and closes at 5439 as per JoSAA 2022. However, it’s not necessary to evaluate a course on the basis of its opening and closing rank because you can get your branch changed on the basis of your performance in the first year.
A student has to obtain around 8.73 CGPA in order to get their branch changed to Economics. You will have to work very hard to get a high CGPA for branch change.
Curriculum: I have entailed some topics covered over the semesters. For a detailed list, you can visit the official website.
- Indian Economy
- Public Finance and Policy
- Regression and Time Series Model
- Economics of Growth
- Applied Economics
- Banking Theory and Practice
You can easily go for Finance and Consulting jobs provided that you study well during these 5 years. The coursework of this department is always industry relevant to cope up with recent trends.
Placements
The Integrated BSc and MSc Economics Median salary stands at INR 15 LPA and the top recruiters include
- CapGemini
- Cipla
- Cognizant
- Genpact
- IBM
- ICICI
- just dial
- Oil India Limited
- YesBank
What is the course curriculum of MSc economics at IIT roorkee?
The course curriculum of the MSc Economics at IIT Roorkee is well-designed to suit the industry trends. It offers both theoretical knowledge and analytical skills and is at par with reputed universities like ISI, DSE, LSE, IGIDR, and BGSE.
Being a student of a technical institute will always work in your favor, especially in the case of analytical skills. The overall course structure is flexible and students are allowed to choose from a wide variety of electives.
During the initial 2 semesters, you will be taught various topics like
- Microeconomics
- Macroeconomics
- Advanced micro/macro
- Development Economics
- International Economics
- Finance
- Econometrics
- Environmental Economics
The topics covered in the third semester are
- Advanced Econometrics
- Public Policy
- Industrial Economics
- Other electives
In the final semester, you will have to choose the courses yourself.
Studies are not limited to the classrooms and exposure is provided through conferences, workshops, and lecture talks. These enlighten the students regarding the current economic policy changes and their impact.
Placement and internship opportunities are made by many reputed government and private organizations.
Is the M.Sc (Economics) + B.E. (Hons.) dual-degree from BITS Goa a better option than CSE from NIT Surathkal?
You must first introspect if you really like coding or not. CSE is a trendy branch these days because of the high packages it offers. But those who land a job in top brands are deeply interested in, and an expert of coding. If you are genuinely interested in coding, NIT Surathkal CSE is a great option for you. It’s a good college with a good campus life.
I also pursued my dual degree with an MSc. in Economics from NIT Goa. The Economics department of my college is great. The curriculum is rich, and courses like Econometrics, MSM, Applied Econometrics, etc. are a great help when applying for placements in Analytics firms. Even for an MBA, an Economics degree is very useful. The faculty for Economics is great. MSc. Economics offers less burden than other specializations like Maths or Physics. The course offers very good electives like Security Analysis and Portfolio Management, Financial Management, etc. With a dual degree, you’ll get an extra year to choose your engineering branch.
Now if you opt for a dual degree from BITS Goa, be prepared to work really hard. The crowd is quite competitive. You’ll need to work hard to manage two programs simultaneously. The fees at BITS are quite high in comparison to NITs. NITs won’t provide you top-notch lodging and food facilities like BITS. For higher education too, the BITS tag holds more value. The curriculum at NITs isn’t as flexible as that offered at BITS.
Both are renowned colleges. You should make a choice based on your priorities.
Is it better to get a degree of an M.Sc. in Economics from IIT Kharagpur or BITS Hyderabad?
It’s better to talk about both institutes individually to make a more informed decision.
IIT Kharagpur offers a 5-year Integrated M.Sc in Economics and has a wide scope today. There are many advantages to being a part of the IIT KGP family
- It has a rich culture
- Learn and explore new things
- Branch change at the end of the first year
- You can seek great help from seniors
- You get a lifetime tag of being an IITian
Similarly, BITS Hyderabad too offers an integrated MSc degree in Economics. Additionally, you can add an extra major (BE course) in your first year, but this is optional. The institute has no lucrative points apart from the fact that it is a decent Engineering college sought by those who are unable to make it into IITs.
Personally, I would suggest you go for an IIT because of the brand name and legacy. You won’t regret this decision later because of the IIT Tag that will already come to your rescue.
Should I choose ICT Mumbai (textile) or BITS Pilani Goa (M.Sc maths)? I have no particular interest but I wanted M.Sc economics at BITS.
ICT (Institute of Chemical Technology), Mumbai has received ‘A++’ accreditation by NAAC. In the current year 2020, ICT (Institute of Chemical Technology), Mumbai has been ranked by the NIRF at 18 for its Engineering degree course offered. BITS Pilani (Birla Institute of Science and Technology), Goa has been accredited ‘A’ grade by NAAC and is duly recognized by the UGC, offering degree programs at undergraduate as well as postgraduate level in the field of science and technology.
Admission:
Textile degree in ICT (Institute of Chemical Technology), Mumbai:
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The candidate opting for a Textile degree in ICT (Institute of Chemical Technology), Mumbai is selected on the basis of entrance examination of GATE, GPAT.
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The total fees for the Textile degree in ICT (Institute of Chemical Technology), Mumbai is INR 1.53 Lacs.
MSc Maths at BITS Pilani (Birla Institute of Science and Technology), Goa:
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The candidate opting for MSc Maths at BITS Pilani (Birla Institute of Science and Technology), Goa is selected on the basis of the entrance examination of BITSAT.
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The total fees for MSc Maths at BITS Pilani (Birla Institute of Science and Technology), Goa is INR 4.13 Lacs.
Placements:
Textile degree in ICT (Institute of Chemical Technology), Mumbai:
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The top recruiting companies visiting the campus of ICT (Institute of Chemical Technology), Mumbai to offer placements to the graduates in the field of Textile are Tata Motors, Reliance, Johnson Johnson, Nerolac, Jacobs, ITC, Exxon, Cipla, Asian Paints.
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The average annual graduate salary offered for placement is INR 4.8 Lacs.
MSc Maths at BITS Pilani (Birla Institute of Science and Technology), Goa:
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The top recruiting companies visiting the campus of ICT (Institute of Chemical Technology), Mumbai to offer placements to the graduates in the field of Maths are Bajaj Auto, Adobe, Oyo, Morgan Stanley, Uber, Dell. IBM, Flipkart, Genpact, Wipro, Intel, Cognizant, Amazon.
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The average annual graduate salary offered for placement is INR 6.15 Lacs.
Both courses have their advantages and disadvantages. These are some of the key information about the two courses. Go through them and decide which will be better for you.
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