MA in Applies economics and MS in Applied Economics (Master of Arts in Applies economics and Master of Science in Applied Economics)
Applied Economics basically deals with the application of the conclusions that are drawn from economic theories and empirical studies to real-world situations. The main aim of applied economics is to inform about the economic decisions and predict possible outcomes in an organisation so that they can change their strategies of business.
The main purpose of applied economics is to improve the quality of practice business, public policy and daily life thinking rigorously about costs and benefits, incentives and human behaviour.
MA in Applied Economics and MS in Applied Economics course details
|Mode of Admission||Merit /Management|
|Fee Detail||Merit Quota Seats :- Rs.1,50,000 to Rs.2,50,000|
|Management Quota Seats :- Rs.2,50,000 to Rs.3,50,000|
Merit- College will be inviting the Application, Interested candidates can apply once the applications are open.
Syllabus of MA in Applied Economics and MS in Applied Economics
|Year I||Semester I||
|Year II||Semester III||
Placement of MA in Applied Economics and MS in Applied Economics
The students of MA in Applied Economics (1+1) MA in Economics, Virginia Commonwealth University, can find abundant job opportunities across the globe in various organisations of the economics sector. Since the students are also getting dual degrees from Virginia Commonwealth University, the demand for such professionals is huge and can easily find excellent job roles with best in class salary packages and excellent career growth opportunities. They can easily join at managerial levels with this qualification.
select_all Benefits of MA in Applied Economics and MS in Applied Economics
Some of the advantages of studying this MA in Applied Economics (1+1) MA in Economics, Virginia Commonwealth University course are as follows:
Can act as an Economic Forecaster: The students can act as an economic forecaster by becoming an economist. The students will develop the art of predicting economic events and can ensure that the organisation is on the right financial path. These predictions are used by the organisations and they will rework on their economic strategy to survive in the competition.
Rationality in Profession: Applied Economics makes people rational. The rationality in the profession helps the students, to choose their activity rationally and ensure that it optimises the utility and increases better productivity in the organisation
High Demand: Since this is a new course there is high demand for skilled professionals. The students who pass out from this course are easily absorbed by top MNCs for better pay scales. They are directly hired in managerial levels and will be working with a team of management in an organisation.
- High Salaries: The students of this course are generally hired in managerial levels and are given high salaries. The salaries are quite higher to these students when compared to other employees in the organisation.
Top Recruiters for MA in Applied Economics and MS in Applied Economics students
Some of the important job roles available for the students of this degree are:
Market Research Analyst: The Market Research Analysts are responsible to tap the knowledge of industry trends and assess the delivery of the products or services in critical economic conditions. The students were given training to design the studies and also gather and analyse data. They are expected to quantify the results and present this information to the management
Salary and Emoluments: The Average salary ranges from 9 lakhs to 16 lakhs per annum
Economic Consultant: The Economic Consultants are required to use their analytical and research skills and take up studies related to current economic situations. The students will be able to analyse the industry trends and help organisations improve the performance by recommending practically feasible solutions for betterment of the company.
Salary and Emoluments: The Average salary ranges from 10 lakhs to 15 lakhs per annum
Credit Analyst: The Credit Analysts conduct are responsible to conduct economic analyses in micro levels. They are responsible to provide best possible solutions for the prospective clients by assessing the risks involved with loaning funds to those people or businesses. They are responsible to take account economic trends and factors impacting the region, industries and competitors of prospective organisations.
Salary and Emoluments: The Average salary ranges from 9 lakhs to 12 lakhs per annum
Financial Analyst: The financial analysts are responsible to perform research on different companies, industries, stocks, bonds and other investment vehicles for finance departments. Their analysis often requires the advanced quantitative skills possessed by many economic majors. They are required to provide the proper solutions for taking up new business ventures for an organisation.
Salary and Emoluments: The Average salary ranges from 10 lakhs to 20 lakhs per annum