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Master Of Science

 



Msc


Master of Science in Economics

The MSc Economics programme is typically a two-year programme following a semester
system. It may be extended up to a maximum of three years under a slow-track system.
To earn the MSc degree, students must complete the required credits as per regulations.
Each course carries 4 credits.

Core Courses

  • Microeconomics I & II
  • Macroeconomics I & II
  • Statistics & Econometrics I & II
  • Mathematics I
  • Development Economics

Elective Courses

Students will choose from a range of elective courses offered in subsequent semesters.

Eligibility

  1. Applicants must have studied Mathematics at the 10+2 level or its equivalent
    (from NIOS or higher level).
  2. Applicants must meet the qualifying percentage of marks in the relevant
    qualifying degree as shown below:
Programme Qualifying Degree GEN / GEN-EWS SC / ST / OBC-NCL / PwD
MSc Economics BA / BSc Economics 55% 50%
BCom / BStat / BSc (Physics/Mathematics) / BTech / BE 60% 55%

Note: GEN – General, GEN-EWS – General Economically Weaker Section,
OBC-NCL – Other Backward Class (Non-Creamy Layer),
PwD – Persons with Disability, SC – Scheduled Caste, ST – Scheduled Tribe.

Admission to the MSc programme is provisional and subject to fulfillment of eligibility
requirements. Final official mark sheets must be submitted at the time of admission or
by 15 September 2026 if undergraduate results are pending.

Master of Science in Energy, Environment and Climate Change

This MSc programme is typically a two-year, semester-based programme, extendable up to
three years under the slow-track option. Each course carries 4 credits.

Core Courses

  • Environmental Studies
  • Energy Studies
  • Climate Change
  • Environmental & Natural Resource Economics
  • Energy Economics and Policy
  • Microeconomics
  • Macroeconomics
  • Econometrics and Statistics

Eligibility

  1. Mathematics at 10+2 level or equivalent is mandatory.
  2. Qualifying marks as indicated below:
Programme Qualifying Degree GEN / GEN-EWS SC / ST / OBC-NCL / PwD
MSc Energy, Environment & Climate Change BA / BSc / BStat 55% 50%
BTech / BE (Any Stream) 55% 50%

Admission to the MSc programme is provisional and subject to fulfillment of eligibility
requirements. Final official mark sheets must be submitted at the time of admission or
by 15 September 2026 if undergraduate results are pending.

The following is a list of possible Fields of specialisation / optional courses
Microeconomics, Institutions and Trade; Macroeconomics, Finance and Growth; Econometric Theory and Applications; Energy and Environment; Development. The optional courses include Game Theory, Industrial Organization, Special Topics in Microeconomic Theory, Theories and Behaviour of the Firm, Theory of Institutions, International Trade, Applied International Trade and Investment, Topics in International Economics and Finance, Financial Economics, Issues in Industrial Economics and Corporate Finance, Financial Econometrics, Time Series Analysis I & II, Applied Econometrics for Policy Analysis, Applied General Equilibrium Models, Energy & Environment I & II, Natural Resource Economics, Tools for Sustainability Indicators I & II, Socio-Economic and Policy Issues in Energy & Environment I & II, Agricultural Economics, Contemporary Issues in Indian Agriculture, Contemporary Issues in Human Development and Policy.

Continuation into Ph.D. programme

Those who successfully complete the M.Sc. programme at IGIDR and found eligible as per the rules could join the Ph.D. programme. Such candidates may be exempted from the course requirements and would receive stipends (under the existing rules) for three years.

Costs

On selection prior to admission, a student has to pay first semester tuition fee of ₹27040/- Security deposit Rs.20,000/, student placement activity Rs.5,000/- part-refundable. Hostel Rent per Semester Rs.5408/- and Electricity charges per month is Rs.600/- .
The tuition, deposits and other fees may be revised from time to time.

Financial Assistance

MSc students can avail of need-based scholarship as per Institute norms. Students availing need-based scholarship are required to submit Income Certificate of family issued by the Revenue Authority/ competent authority of the respective State Government/Union Territory.

 Placement

In the past, M.Sc students from IGIDR have been placed in the corporate sector – a selected list of companies is provided in the section on past recruiters.  Students from our M.Sc. program have also been admitted into prestigious Ph.D. programs abroad, e.g. Columbia University, University of Michigan at Ann Arbor and Carnegie Mellon University.