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Best Colleges for Economics in India: Economics is a discipline that plays an important role in understanding the complexities of our world. Aspiring economists seek quality education and rigorous training to uncover the intricacies of market dynamics, policy making, and socioeconomic development. In India, several colleges have gained recognition for their excellent economics programs, producing graduates who have made significant contributions to academia, policymaking, and industry. These colleges have earned their reputation through a combination of exceptional faculty, rigorous curriculum, research opportunities, and a track record of producing successful economists. Check the best colleges for Economics in India below.
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5 Best Colleges for Economics in India
Several colleges in India provide economics courses. Among them, we have listed some of the best colleges for Economics. These colleges offer both undergraduate and postgraduate programs. If you are interested in enrolling, check the eligibility criteria and ensure you meet the, and apply.
| S.No. | University Name | Reason to Enrol in Their Economics Program |
| 1 | Delhi School of Economics | Strong alumni network in policy, academia, and international organisations like the UN and the IMF. |
| 2 | St. Stephen’s College | Intimate class sizes and a rigorous interview process foster critical thinking and well-rounded economists. |
| 3 | Loyola College, Chennai | Offers excellent interdisciplinary opportunities with a focus on social justice and community-centred economics. |
| 4 | Shri Ram College of Commerce (SRCC) | Access to exclusive seminars, industry workshops, and frequent campus visits from top economists and corporate leaders. |
| 5 | Christ University, Bangalore | Known for its holistic education model with strong mentorship, research orientation, and international exposure. |
Delhi School of Economics
The Delhi School of Economics is counted among the best educational institutes in India. DSE offers a variety of courses in economics at the BA, MA, PhD, and MPhil. DSE was established in 1949, and it is among the oldest departments of Delhi University.
| Mode of Admission | Merit-based: Anyone who has completed a BA in Economics at the University of Delhi with a minimum of 60% Entrance-based: Anyone who has completed a bachelor’s degree from any recognized university with a minimum of 60% |
| Type of questions | MCQ |
| Negative marking | Yes |
| Scholarships | Exim Bank Scholarship, Prof. S. D. Tendulkar scholarship |
| Website | econdse.org |
| Contact | Department Office (011) 27666395, (Direct) Director Office (011) 27667540 (Direct) dept@econdse.org |
St. Stephens College
One of the top universities in India, St. Stephen’s College, was founded in 1881. This is one of the oldest colleges affiliated with the University of Delhi. It is highly reputed for its rich heritage and wide range of excellence programmes. The UG and PG economics course offered here is exceptional, making the college the first choice of students.
| Mode of Admission | CUET score+ interview (85% of CUET score+ 15% of interview score) |
| Type of questions | MCQs |
| Negative Marking | Yes |
| Scholarships | Sumitomo Scholarship, SOKA Exchange Programme |
| Website | ststephens.edu |
| Contact | Address: M6P7+2C2, St Stephen’s College, Sudhir Bose Marg, University Enclave, Delhi, 110007, ssc@ststephens.edu |
Chennai Loyola College
Founded in 1925 as a private Catholic university, Loyola College is part of the University of Madras in Chennai, Tamil Nadu. For those interested in studying economics, Loyola College provides a BA, MA, MPhil, and PhD. The selection process includes an admission exam and an on-campus interview with the institute. For PG, anyone with a bachelor’s degree in Economics from an accredited institution can apply to the master’s programme.
| Mode of Admission | Merit-based for UG and Entrance-based for PG and Ph. D. |
| Online portal opens for B.A. | May 3, 2023 |
| Online portal opens for M.A. | May 3, 2023 |
| Scholarships | Financial assistance to students in need |
| Website | loyolacollege.edu |
| Contact | Tel: +91 – 44 – 28178291/292/293Mobile: +91 – 9344527381 / 7010363566 Fax: +91 – 44 – 28175566 admission@loyolacollege.edu |
Shri Ram College of Commerce (D.U)
A constituent of Delhi University, Shri Ram College of Commerce was established in 1926. The undergraduate economics program at Shri Ram College of Commerce (SRCC) is well acclaimed, despite the fact that the college is more recognized for its commerce courses. Since it is widely known for its high standards in both education and the professional world, SRCC consistently draws talented students.
| Mode of Admission | CUET |
| Type of questions | MCQ |
| Negative Marking | Yes |
| Scholarships | SRCC Student’s Union Scholarships, and Need-cum-merit scholarships |
| Website | srcc.edu |
| Contact | Phone: 011 2766 6519 |
Christ University Bangalore
Christ University’s Department of Economics has made a name for itself as a top institution for economics education in the country. It has carved itself a special place in the world of academia as a postgraduate and research department with an impressive group of distinguished professors and graduates who have made significant contributions to the field of economics. The university offers a wide range of courses in economics, from UG, PG, and Ph.D.
| Mode of Admission | CUET (Christ University Entrance Test), interview, and performance in 10th and 12th boards. |
| Type of questions | MCQ |
| Negative Marking | Yes |
| Scholarships | Merit Scholarship |
| Website | christuniversity.in |
| Contact | Phone: 080 4012 9600 |
Also Read: BSc Economics: A Complete Guide
Top 10 Private Colleges for Economics in India
Do you prefer a private educational institution to complete your studies? Private colleges are renowned for their instructional facilities, research facilities, and placement opportunities. Here are the best private colleges for economics in India
| S.No. | College Name | Location | Notable Highlights |
| 1 | Christ University | Bangalore, Karnataka | Strong UG & PG economics programs with research and global exposure |
| 2 | Ashoka University | Sonepat, Haryana | Liberal arts focus with a globally competitive economics faculty |
| 3 | Shiv Nadar University | Greater Noida, UP | Research-driven curriculum with interdisciplinary learning |
| 4 | OP Jindal Global University | Sonipat, Haryana | Offers economics under its School of Government and Public Policy |
| 5 | FLAME University | Pune, Maharashtra | Liberal education approach with strong emphasis on applied economics |
| 6 | Azim Premji University | Bangalore, Karnataka | Strong focus on development economics and public policy |
| 7 | NMIMS (Narsee Monjee) | Mumbai, Maharashtra | Industry-aligned curriculum with practical training |
| 8 | Symbiosis School of Economics | Pune, Maharashtra | Specialised economics education with a focus on analytical tools |
| 9 | Amity University | Noida, UP | Wide academic offerings and good infrastructure |
| 10 | Loyola College (Private-Aided) | Chennai, Tamil Nadu | Offers strong economics programs with social and academic excellence |
Average Fees to Study Economics in India
The average fees to study economics in India vary depending on the college and the level of your study. Here we have provided the average fees in general. To know the exact fees of the university you want to enrol visit the official website of the college and view the fees under the subject section.
| S.No. | Level of Study | Average Annual Fees (INR) |
| 1 | Undergraduate (B.A.) | INR 10,000 – INR 1,50,000 |
| 2 | Postgraduate (M.A.) | INR 12,000 – INR 2,00,000 |
| 3 | Private Institutions | INR 1,00,000 – INR 4,00,000 |
| 4 | Government Institutions | INR 5,000 – INR 50,000 |
Also Read: SOP for Economics: Guidelines, Do’s and Don’t’s, Samples
Is Economics a Good Degree in India?
Yes. Economics is a good degree that you can pursue in India. An Economics degree offers you both academic knowledge and practical experience. India is one of the fastest-growing economies. Therefore, there is an emphasis on data-driven policy and expansion in the financial sector, due to which economic graduates are in high demand across industries.
An Economics degree gives you a strong analytical foundation. It’s a subject that overlaps with finance, business, law, and environmental studies. Therefore, graduates can choose to move across domains. Economists are in high demand in government sectors, financial institutions, academia, consulting firms, research organisations and international agencies. Some of the popular career options that students take up are those of an economist, a policy analyst, a financial analyst, and a data analyst. A few choose to work in the civil services, and others choose to work in universities and research institutions.
Conclusion
Choosing the right college is an important decision for students aspiring to pursue a career. The colleges mentioned in this article have demonstrated their commitment to academic excellence, shaping the minds of countless economists who have gone on to make significant contributions to their respective fields. However, it is important to consider that rankings and reputations may evolve, and individual preferences and circumstances should also play an important role in the decision-making process. Prospective students should thoroughly research and evaluate various aspects of each institution, such as faculty expertise, research opportunities, industry connections, and campus culture.
FAQs
The Delhi School of Economics (DSE) is considered one of the best economics colleges in India. The college has an excellent faculty, solid legacy and research facilities. Graduates often secure top positions in research, academia and government.
The best university for Economics is Delhi University. The University includes top-tier colleges like SRCC, St. Stephen’s and DSE. Undergraduate and postgraduate courses are available.
BA Economics (Hons) is considered the best degree program for Economics. BA Economics courses are provided by colleges such as St. Stephen’s College and SRCC.
Yes. BA Economics is considered as a good career option. You can find jobs in finance, data analytics, policy, civil services, and research. Graduates can take up high-paying jobs in MBA, MA, or UPSC. This is a respected and versatile degree program.
BA Economics is better for students who have analytical thinking skills and want to pursue higher studies in MA/UPSC, etc. BBA. On the other hand, BBA is more suitable for students who are interested in business, management or those who want to pursue MBA programs.
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