Online MBA in Economics – Online MBA Digital
The Online MBA in Economics is intended for experienced professionals who wish to understand economic principles and learn the best methodology of utilizing them in practical business situations. A bachelor’s degree from an accredited institution is generally necessary for admission, and some programs may require professional experience. Usually it starts in July or August, and the application deadlines are from April to June. Cost for Indian universities is in the range from Rs50000 to 1,50,000 per year. The curriculum offers courses such as Macroeconomics, Microeconomics, International Trade, Econometrics, and Economic Policy throughout the program.
It is for 2 years, that have FOUR semesters. Some of the top institutions delivering this course are: IGNOU, Amity University Online, NMIMS Global Access School for Continuing Education, SCDL, etc. The flexi learning programme permits students to study at their own pace, which is practical for those doing work and study simultaneously. Types of jobs that graduates may work in include roles as economic analysts, economic consultants, policy advisors, and jobs for financial institutions, multinational corporations, and government agencies.
Online MBA in Economics Highlights 2025
| Feature | Details |
|---|---|
| Program Name | Online MBA in Economics |
| Duration | 2 years (may vary: 18–24 months flexible) |
| Eligibility | Bachelor’s degree with minimum 50% marks from a recognized university |
| Mode of Study | 100% Online (Live + recorded lectures, LMS access, online exams) |
| Core Subjects | Microeconomics, Macroeconomics, Econometrics, Financial Economics, Policy |
| Specialization Focus | Economic Analysis, Development Economics, Global Finance, Economic Policy |
| Average Fees | ₹1,00,000 – ₹3,00,000 (varies by university) |
| Top Institutes | Amity Online, Jain Online, IGNOU, UPES Online, LPU Online |
| Accreditation | UGC-DEB approved, AICTE recognized, NAAC A/A+ accredited institutions |
| Admission Process | Online application, academic review, sometimes interview or SOP |
| Career Prospects | Economist, Policy Analyst, Financial Analyst, Research Associate |
| Expected Salary | ₹6–15 LPA depending on skills and experience |
| Intake Sessions | Typically January, April, July, October (varies by institution) |
Online MBA in Economics Admission Process
Step 1: Plan Your Research And Create A Selection Set Of Universities
- First, you must find the best universities that provide an Online MBA in Economics.
- Do your research on UGC/AICTE approval, course structure, faculty, fees, placement support, and reviews
Step 2: Check Eligibility Criteria
- Make Sure You Meet The Eligibility Criteria.
- Minimum requirement for application — usually need to have at least a bachelor’s degree from an accredited university.
- Many Institutions may require a minimum percentage or work experience as well.
Step 3: Register on the Official Portal
- Now, enter the official website of the university and create a student account or profile on it by verifying your mobile number and email ID.
Step 4: Apply Using Application Form
- Fill out the online application and give your personal information, educational background(undergraduate in Economics), and specialization you would like to do (MBA in Economics).
Step 5: Upload Required Documents
- Scan and upload these required documents, including:
- Bachelor’s degree certificate and transcripts
- ID proof (Aadhaar/PAN/Passport)
- Passport-size photo
- Work experience certificate (if applicable)
Step 6: Pay Application Fee
- While filling the online application form, you have to pay a non-refundable application fee using available online payment modes, i.e,. UPI, net banking, or debit/credit card.
Step 7: Application Review and Verification
- Your files are checked by the admission team of the university for eligibility.
Step 8: Receive Admission Offer
- You get a provisional admission letter or mail if you are suitable for your selection.
Step 9: Fee Payment and Enrollment Synchronously
- Final enrollment confirmation, full or first installment of the program fee
Step 10: Start the Course
- After completing the payment process, you will receive login details to get into our Learning Management System (LMS) and start attending live online classes with study resources.
Online MBA in Economics Fee Structure
| University/College | Total Fee (INR) | Duration | Installment Option | Remarks |
|---|---|---|---|---|
| Amity University Online | ₹1,79,000 | 2 Years | Yes | UGC-approved, focuses on applied and managerial economics |
| Jain University (Online) | ₹1,60,000 | 2 Years | Yes | Covers economic policy, analytics, and global economics |
| Manipal University Online | ₹1,70,000 | 2 Years | Yes | Emphasizes quantitative tools and business decision-making |
| LPU Online | ₹1,60,000 | 2 Years | Yes | Includes econometrics, micro/macro analysis |
| IGNOU | ₹62,000 | 2 Years | Yes | Government-affiliated, most affordable and widely accepted |
| DY Patil University Online | ₹1,40,000 | 2 Years | Yes | Application-based economics curriculum with flexibility |
Eligibility
- Educational Qualification: Need to have a bachelor’s degree (in any discipline) from a recognised university.
- Minimum Marks Requirement: Candidates should have obtained a minimum of 50% aggregate marks in graduation (in some institutions, it is 45%) from any recognized university.
- No Age Limit: There is no age limit to start the program.
- An Economics/Commerce Background (Preferred but not essential): Economics, Commerce, statistics, cs, and Finance background candidates are preferred.
- Work Experience (Optional): However, some universities prefer 1–2 years of work experience in business or finance, but allow fresh graduates.
- Proficiency in English: One must be fluent in English, since the language of instruction is English.
- Entrance Exam (Usually Not Required): While CAT/MAT scores are not considered for most of the online MBA programs, there may be some that conduct their entrance test or interview.
Online MBA in Economics Courses [syllabus]
Semester 1 – Management Fundamentals
| Course Name | Description |
|---|---|
| Principles of Management | Basics of management and organizational behavior. |
| Managerial Economics | Economic concepts applied to managerial decision-making. |
| Accounting for Managers | Financial and managerial accounting essentials. |
| Business Statistics | Statistical methods for business and economics. |
| Business Communication | Communication skills tailored for corporate settings. |
Semester 2 – Core Economic Applications
| Course Name | Description |
|---|---|
| Microeconomics for Managers | Consumer theory, demand-supply, and pricing decisions. |
| Macroeconomic Analysis | National income, inflation, fiscal and monetary policy. |
| Financial Management | Capital budgeting, financial analysis, and valuation. |
| Marketing Management | Market segmentation, pricing, and consumer behavior. |
| Research Methodology | Fundamentals of research design and data analysis. |
Semester 3 – Specialization in Economics
| Course Name | Description |
|---|---|
| International Economics | Global trade theories, exchange rates, and trade policies. |
| Development Economics | Economic growth models, poverty, and inequality analysis. |
| Public Finance & Policy | Government budgeting, taxation, and fiscal policy. |
| Econometrics | Statistical techniques for economic data analysis. |
| Indian Economic Policy | Structure and reforms in the Indian economy. |
Semester 4 – Strategic and Applied Learning
| Course Name | Description |
|---|---|
| Industrial Economics | Market structures, pricing, and competition analysis. |
| Strategic Management | Long-term business strategies with an economic focus. |
| Environmental Economics | Sustainable development and resource economics. |
| Project/Capstone | Applied economic research or business case study. |
Online Best Colleges for MBA in Economics
1. Amity University Online
- UGC-DEB approved, NAAC A+ accredited
- Provides an MBA with a Business Economics specialisation
- Typically, a robust online learning platform, an industry-driven curriculum
2. Jain University Online (Bangalore)
- UGC-entitled and NAAC A++ accredited
- Provides an MBA with specializations in Economic Policy & Global Finance
- Case studies from the real world combine an analytical approach to HR security.
3. UPES Online (University of Petroleum & Energy Studies)
- AICTE-approved, UGC-recognized
- Provides an MBA in Energy Economics and Policy or its relevant electives.
- Website: from policy, energy sector, and development finance roles
4. Lovely Professional University (LPU Online)
- UGC-DEB approved, NAAC A++ accredited
- Electives in Economics and Finance MBA
- Effective LMS and online learner support
5. Indira Gandhi National Open University (IGNOU)
- Blended learning university of high reputation
- Provides MBA and MA in Economics (not specifically MBA Economics)
- Very cheap, and often accepted in government sectors
Online MBA in Economics Entrance Exam by Colleges
| University/College | Entrance Exam Accepted | Remarks |
|---|---|---|
| Amity University Online | Amity Entrance Test / Direct | May require SOP or personal interview for evaluation |
| Jain University (Online) | Jain Entrance Test (JET) | JET mandatory unless exempted with CAT/MAT/CMAT scores |
| Manipal University Online | MET (Manipal Entrance Test) | MET preferred; waiver possible for high academic achievers |
| LPU Online | LPUNEST / Direct Admission | LPUNEST advised; direct admission also available |
| IGNOU | OPENMAT (Discontinued) / Direct | Currently admits directly based on graduation marks |
| DY Patil University Online | No Entrance Exam | Direct admission based on academic records |
Online MBA in Economics: Job Scope in India
This makes an Online MBA in Economics -one of the most sought-after programs since it arms you with vast career opportunities across different industries in India. Given the increasing focus on data-driven decision-making, economic forecasting, and policy analysis, there is a strong need for such professionals. Graduates can go on to work in finance, banking, research, government, consultancy, and international organisations. Key job profiles include:
- Economist: Study market trends, macroeconomic data, and business cycles. Business analyst — Assist in making decisions in companies and government agencies.
- Financial Analyst: Assess market conditions and predict potential financial results, working for investment firms, banks, and corporations.
- Policy Advisor: You can work for government agencies and other think tanks to develop economic policies and assess how they would affect the economy.
- Business Consultant – This individual provides strategic advice in an organization by implementing economic models to enhance efficiency and drive profitability.
- Market Research Analyst supervises consumer behavior and market trends in order to influence product development and marketing rundowns.
Some of the sectors that are promising in this field are BFSI, government agencies, consulting firms, and research organizations, which can offer you a lucrative career between ₹4 LPA to ₹12+ LPA based on your experience and which role you are performing.
MBA in Economics Salary
Average Salary Ranges (India)
| Experience Level | Average Salary (INR per annum) |
|---|---|
| Freshers (0–2 years) | ₹5 – ₹8 LPA |
| Mid-Level (3–6 years) | ₹8 – ₹15 LPA |
| Senior Roles (7+ years) | ₹15 – ₹25+ LPA |
Top Job Roles & Their Salary Ranges
| Job Role | Salary Range (INR per annum) |
|---|---|
| Economic Analyst | ₹6 – ₹12 LPA |
| Financial Analyst | ₹5 – ₹10 LPA |
| Policy Analyst | ₹7 – ₹15 LPA |
| Business Economist | ₹8 – ₹14 LPA |
| Market Research Analyst | ₹5 – ₹9 LPA |
| Risk Analyst | ₹6 – ₹12 LPA |
| Consultant (Economic/Finance) | ₹10 – ₹20+ LPA |
MBA Economics Graduates: Top 10 Sectors Hiring
- BFSI– ICICI, HDFC, Axis Bank, SBI
- Consulting Firms: Deloitte, KPMG, E, and PwC
- Government & Policy Think Tank: NITI Aayog, RBI, Ministry of Finance
- Research & Analytics — CRISIL, ICRA, MMalaysia, Nielsen Malaysia, Economic Research Department of, McKinsey
- Transnational/ Multinational Corporations -Amazon, Google, Infosys, Tata Group
Salary Growth Factors:
- Data analytics tools (Excel, Power BI, R, Python)
- Strong understanding of macro/microeconomic models
- Experience in policy, international trade, or development economics
- Industry certifications (CFA, FRM, etc) can improve salary possibilities
FAQs
Q: What is an Online MBA in Economics?
A: A postgraduate program that offers an Online MBA in Economics is a 2-year program that is provided through online platforms. It involves integrating the fundamental business administration with a higher-level economic theory, policy analysis, and financial decision-making. It is perfect when you have to have a flexible work schedule and develop strategic and analytical abilities.
Q: What are the best options for an MBA in Economics in India?
A: Various universities in India have an MBA in Economics as part of the specialization or integrated course:
- Delhi School of Economics
- IGNOU (OD)
- Amity Online University
- Symbiosis School of Economics
- MUMBAI (University [Dept. of Economics])
Most of them have UGC-recognized degrees that lead to good placements and scholarship assistance.
Q: What subjects are taught in an MBA in Economics?
A: Major ones are:
- Managerial Economics
- Micro and Macro Economics
- Quantitative Methods
- Public Financing And Policy
- Econometrics
- World Trade and Finance
- Strategic Behavior Game Theory
- Economic Forecasting and Analytics
Q: Which are the top colleges offering an MBA in Economics?
A: Some of the famous colleges in India are:
- Indian Institute of Management Ahmedabad (PGP Economics electives)
- Delhi School of Economics (MBA-IB and HRD)
- Department of Economics Jamia Millia Islamia (JMI)
- Symbiosis School of Economics Pune
- NMIMS (MBA electives in Economics)
Q: Which are the best colleges in India for an MBA in Economics?
A: The best colleges are:
- Delhi School of Economics (DSE)
- Indian Institute of Foreign Trade (IIFT)
- Symbiosis School of Economics
- JNU (Centre of Economic Studies and Planning)
- PGP (electives in IIMs)
They provide the best faculty, research facilities, and great employment opportunities in consulting, finance, and policy.
Q: Are there Online MBA in Economics options available in India?
A: Sure, such a program (online MBA with economics specialization) is available at well-known institutions:
- Amity University Online
- IGNOU
- DY Patil Online
- ICFAI University Online
UGC recognises these, and they are suited to distance learning or those in practice.
