Should I do MA in Economics from IGNOU?

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Sanjhbati Gupta Posted On - Jul 13, 2022
Studied at Indira Gandhi National Open University

Pursuing IGNOU MA in Economics is good if you are a working professional or preparing for competitive examination. The course structure is flexible and gives students time to study at their own pace. You can apply for Govt. examinations such as Indian Economic Service Examination after completing the course. You can take NET/JRF as well. 

Pursuing the course will only be worth the investment if you secure a good percentage. So, concentrate on studies from the first year itself. 

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Santosh Pathak Posted On - Nov 12, 2020
MA Economics from Indira Gandhi National Open University (2020)

IGNOU offers a MA in Economics program with a minimum duration of 2 years. The course is UGC approved and the course curriculum is quite relevant in the present scenario of economic liberalization and globalization.

IGNOU 's MA Economics has 5 faculty members who work as academic counselors. The course curriculum is at par with that of the University of Delhi with subjects like Macroeconomic Analysis, Quantitative Methods, International Trade and Development, Growth and Development, Indian Economy, Actuarial Economics, and Econometric Methods.

The table below highlights some of the important points of the MA Economics program.

Parameters

MA Economics IGNOU

Duration (years)

2-5

Academic Advisors

5

Average Fee

INR 7,400 for a year

Average Package

INR 4.2-6.5 LPA

Students should also keep the following in mind before making an application.

Application:

  • Students who wish to pursue an MA in Economics from IGNOU should have a bachelor's degree from a recognized university. Students can be from any discipline.

  • There are no entrance tests for this program.

Pedagogy:

  • The MA Economics program comprises 66 credits spread in its 11 subjects. Students are expected to complete 9 compulsory courses and 2 optional courses as part of the syllabus.

  • The first year has 5 compulsory courses, the second year will have four compulsory courses and two optional courses.

Students are taught with a learner-oriented method. The following will be available as methods of study.

  • Printed study material

  • Audio-video cassettes

  • Television and Radio classes

  • Teleconferencing sessions

  • Face-to-face Counselling at IGNOU's academic centers

  • Assignments which are part of the syllabus

Placements:

  • IGNOU has a Campus Placement Cell which organizes Campus Placement Drives, job fairs, and skill development workshops throughout the year. In the current session of 2020, soft skills modules are being introduced as well.

  • Recruiting partners at IGNOU are Aegis, Axis Bank, NIIT, and Frankfinn.

  • Average salary awarded to MA Economics students, in general stands at INR 4.2-6.4 LPA depending on the merit.

  • Many students also opt for civil services. The IGNOU MA Economics coursework helps in the preparation of Civil Services Exams. The flexibility in schedule and exam timings also is a contributing factor in this case.

The MA Economics program offered by IGNOU is quite flexible and offers decent academics. Students are free to choose based on time, space, and skill development factors.

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