The M.Sc. program offered by the School of Economics is designed to provide cutting-edge knowledge and scope to students to learn advanced technical skills in Economics. These skills which students will acquire will enable them to be competitors in the corporate world as well as in academia at par with the best nationally and globally acclaimed institutions. Graduates here obtain skillsets that allow them to explore and apply the competency in the industry and academia. These were mostly available in just a couple of select academic institutions in India, mostly in and around the National Capital Region of Delhi. School of Economics extends that access to outside that region, combining these with the world-class infrastructure and facilities scarcely available elsewhere in India. The Faculty to nurture those skills are among the best anywhere in the country.
Eligibility criteria is a minimum of 55% marks in aggregate (or equivalent) at the undergraduate level in ANY discipline and, for candidates from non-economics disciplines (at the undergraduate level), a minimum of 60% marks (or equivalent) in mathematics at the 10+2 level. Other candidates may apply with the Dean’s prior approval. Applicants are required to fill-up the application form online at www.xub.edu.in. The selection of eligible candidates will be based on performance in an entrance test OR an interview. Candidates will be tested on the basis of their knowledge of Mathematics, Statistics, Microeconomics, and Macroeconomics at a level commensurate with the UGC CBCS syllabus of B.A./B.Sc. Economics program.
The Selection Board may admit candidates for admission who may have figured in the admission lists of other high profile academic institutions which conduct rigorous admissions tests. These include the Indian Statistical Institute (Kolkata/Delhi), Delhi School of Economics, Indira Gandhi Institute of Development Research (IGIDR, Mumbai), etc., and those who possess a meritorious- B. Tech. degree from IITs and similar institutions.
The school follows a course structure based on the UGC guidelines and benchmarked at the premier institutions in India and globally. The course is spread over two years, comprising of four Semesters. Students have to complete 16 courses, out of which 9 are compulsory. In the first year, students have no choice and are expected to complete 8 out of the 9 compulsory courses. At the beginning of the second year, students have to choose between the following two routes:
- Dissertation route: Write a dissertation and complete 5 optional courses. The dissertation is equivalent to two courses.
- Non-Dissertation route: Complete 7 optional courses.
The choice of the route is subject to approval by the Dean.
COURSE STRUCTURE FOR M.SC. ECONOMICS
|3||Mathematical Methods in Economics||6|
|2||Optional Course I||6|
|3||Optional Course II||6|
|4||M.Sc. Dissertation or Optional Course III||6|
|5||Optional Course IV||6|
|6||Optional Course V||6|
|7||Optional Course VI||6|
|8||M.Sc. Dissertation or Optional Course VII||6|
|SL No||Compulsory Courses|
|5||Mathematical Methods in Economics|
SELECTION OF OPTIONAL COURSES
|1.||The selection of “Optional Courses” shall meet a basic consistency criterion. Specifically, an advanced optional topic will not be offered unless the basic optional topic is accommodated in the choice.|
|2.||Allocation of “Optional Courses” for each of the students will be finalized with Dean’s approval.|
|3.||The choice of “Optional Courses” in the semester will be limited to those announced by the school, and there might be a restriction/cap on the number of students choosing an “Optional Course.”|
The suggestive list of optional courses is below. The actual courses offered will depend on the availability of faculty.
|Sl No||Optional Course||SL No||Optional Course|
|1||Applied Microeconomics||14||History of Economics Thoughts|
|2||Corporate Finance||15||Human Development|
|3||Data Envelope Analysis||16||Incentives and Organization|
|4||Issues in Development Economics||17||International Trade|
|5||Topics in Macroeconomics||18||Labor Economics|
|6||Economics of Education and Health||19||Law and Economics|
|7||Poverty, Inequality and Development||20||Political Economy|
|8||Environmental Economics and Sustainable Development||21||Financial Econometrics|
|9||Econometric Methods and Applications (various extensions and concentrations)||22||Monetary macroeconomics: Theory and Policy|
|10||Advanced Game Theory||23||Public Finance|
|11||Behavioral Economics and Experiments using zTree||24||Behavioral Game Theory|
|12||Growth Theory||25||Gender Economics|
|13||Social Choice Theory||26||Study of Economic Behavior|
*This is a suggestive list. This can be reviewed depending on the situation.
|Students will be given two options in Year II:|
Write a dissertation and complete 5 optional courses. The dissertation is equivalent to 2 optional courses
|O2||Non-dissertation route||Complete 7 optional courses|
Hostel facilities are provided on the campus on a twin-sharing basis, depending on availability.
XIM University will award the M.Sc. in Economics degree to the students who successfully complete classroom learning and fulfill the program’s prescribed academic requirements.