I want to pursue a master's in economics. Which one should I choose: Delhi School of Economics, JNU, Indian Statistical Institute, Paris-Sorbonne University or University of Munich?
Posted On - Aug 19, 2020All of these institutes are excellent choices for a masters in Economics. If you want to study Quantitative and Mathematical Economics, then ISI will be the best option among these. ISI Kolkata placements are pretty good. Students get recruited as Data scientists, Financial Analysts, Risk Analysts, and other similar positions. You will get good scopes for higher studies as well.
DSE is an excellent option for Economics masters. It offers good placements. Recent highlights of DSE placements show the average CTC for MA Economics is around INR 5 LPA. But the institute has a huge batch size.
Paris Sorbonne University and University of Munich are excellent options as well. These institutes are especially good for research.
All of the above-mentioned institutes are good options for pursuing a master’s in Economics. You should decide the university based on your re-location ability, course fees, and most importantly your future career planning. Given below is a brief inside into the M.Sc Economics program at the above-mentioned institute.
Course fees:
- Delhi School of Economics-Rs.12,465 (first-year fee)
- JNU- Rs.1,260 (first-year fee)
- Indian Statistical Institute- Rs.0 ( For sponsored candidates- Rs.20,000)
- Paris-Sorbonne University- 6,500 euros per year
- University of Munich – The institute does not charge any tuition fees. However, there is a semester fee of 128 euros for every student comprising a student services contribution (62 euros) and a basic fee for public transportation (66,50 euros).
Placements:
DSE- The companies that visit the campus for recruitment are mostly MNCs like JPMorgan, Nomura, Walmart, Citibank, P&G etc. The highest package is around 26 LPA and therefore the minimum is around 10 LPA. The average package is around 13-14 LPA. Students also receive internship offers and the stipend for internship varies depending on the company.
JNU- The median salary offered to the students of this institute is around 8 LPA. Students also placed in various research institutes and chambers for summer internship program.
Indian Statistical Institute- The average package at the institute is 19.8 LPA and the highest salary recorded is 42 LPA.
Paris-Sorbonne University- The economics majors of the institute are regularly placed in Banking and insurance services; Audit in Economics; Audit in Finance and insurance; Financial and Economic Analyst; Demand planning/management; General business management; Government policy analysis.
The University of Munich -The university has a strong placement record for graduates. In the academic job market, recruiters in the last couple of years include Toulouse, Stockholm, Leuven, Mannheim, Tilburg, .In the governmental sector placement assistance is provided for eminent organizations, like the ECB, IMF, Bank of England, Bundesbank, EU, ministries while in the private sector, instances include. Allianz, Munich Re, McKinsey, Deloitte.
