How is MSc. Economics in IIT Roorkee?
Posted On - Apr 12, 2023I 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.
Usually, people with some interest or background in Mathematics opt for MSc Economics course. This is because of the low marks scored in JAM. It’s better to go for a non-IIT institute than choose Economics just for Maths. At IIT Roorkee, people focus more on CSIR-NET Mathematics and hardly anyone goes for Ph.D.
The placements depend on your performance and how well you have devoted yourself to the course. The first-semester coursework comprises BA 3rd year Economics. From the second semester, actual MSc Economics courses will be taught.
Economics is a very interesting subject and once you invest yourself fully in it, you will forget that you wanted to take Mathematics. The coursework is very demanding and consists of Real analysis, Topology, some parts of Linear Algebra, and Statistics. One has to be well-versed in Statistics to excel in this course.
Economics is a subject that requires a full-time commitment, and only after a long time will you be able to see its benefits. The application of concepts isn't as easy as Mathematics and teachers are very laid back. Only the major coursework is taught in class and the rest is left for you to finish. After this course, you can either sit for placements or appear for Ph.D. exams like ISI, DSE, IGIDR, and JNU.
