Why pursue an online MA in Economics from MUJ

Want to pursue an MA in Economics but not sure where? Manipal University Jaipur (MUJ), a NAAC-accredited university, can be just the right choice. Approved by the UGC, Manipal University Jaipur has pioneered quality learning across disciplines. With a combination of theoretical and hands-on learning for students, the university offers online courses on the Online Manipal platform. In the competitive financial landscape, an MA in Economics is what you need. The program offers a comprehensive understanding of financial trends. It enables you to make informed decisions in their respective sectors. An online MA in economics from MUJ can help students become experts in policy-making. Graduates are eligible to apply for top job roles in varied industries at high pay scales.

This blog presents ample reasons to choose MUJ for an online MA in Economics. 

Advantages of online MA in Economics from MUJ

Many students prefer Manipal University Jaipur for online courses in various disciplines. Some of the top advantages of an online MA in Economics from MUJ are:

1. Academic credibility: MUJ is Rajasthan’s first NAAC A+ accredited university. It ranks 64 among India’s top 70 universities in 2024 by NIRF. The World Education Services evaluates MUJ’s online degrees, which are also UGC-entitled. They hold equal relevance and recognition as campus degree programs.

2. Top-class faculty: The teachers at the university are highly experienced in their respective disciplines. They bring their expertise to the table, offering valuable insights into everyday concepts.

3. State-of-the-art technology: MUJ is widely preferred among students in both India and abroad. This is because it offers courses over the state-of-the-art digital learning platform of Online Manipal. All efforts are taken to ensure a seamless transfer of knowledge across devices and regions.

4. Flexible learning: This is one of the best advantages of an online MA in Economics at MUJ. The university allows students the opportunity to study from any location of their choice at their convenient time. Flexible options allow working professionals to easily sign up for courses alongside their jobs.

5. Uncompromised quality education: MUJ makes all efforts to ensure that no compromise is made on offering the best-quality education despite the online learning platform. Its online degrees are at par with on-campus degree programs in terms of quality of education.

Curriculum overview and specializations

To learn more about the advantages of an online MA in Economics from MUJ, let us delve into the course curriculum and its contents. The course duration is 2 years and it is divided into 4 equal semesters. The online classes are spanned across 15-20 hours approximately per week and students can learn from the comfort of their home or anywhere else. 

The table below shares the core subjects in MUJ’s online MA in Economics degree for your better understanding:

Semesters	Subjects taught
1	Fundamentals of Mathematics and Statistics Microeconomics -I Public Economics and Policy Macroeconomics- I Indian Economy
2	Intermediate Econometrics Microeconomics -II Economics of Innovation and Entrepreneurship Macroeconomics -II History of Economic Thought
3	Development Economics Application of Data Science in Economics Term Paper Environmental Economics Game Theory Elective I (Choose any one) Behavioral Economics Health Economics Agriculture Economics
4	Monetary Economics International Economics Operation Research in Economics Dissertation Elective II (Choose any one) Economics of Human Development Labor Economics International Financial System

As can be seen from the table above, the course curriculum of MUJ’s online MA in Economics degree allows for specialization. Students can opt for electives that are industry-focused in the third and fourth semesters of the program. This helps prepare them for diverse roles in the world of economics.

Additionally, the online MA in Economics degree program allows practical training to students too. This is in combination with the theoretical concepts taught during the course. Students are encouraged to participate in assignments and research projects that simulate economic analysis in the real world.

Skill development through MUJ’s online MA in Economics

Students pursuing an online MA in Economics from MUJ will acquire a host of industry-relevant skills. Some of these include:

• Quantitative analysis: It refers to the process of using statistical and mathematical techniques for data analysis.  
• Data interpretation: This refers to deriving meaningful insights from the gathered data by understanding, organizing, and evaluating the data.
• Analytical thinking: This includes the ability to critically identify patterns, evaluate data, and find solutions to seemingly complex problems.
• Economic modeling: Students learn how to use a simplified economic model as a representation of economic processes and predict economic behavior based on it.
• Policy evaluation: Students are taught the skill to review the effectiveness of economic policies, initiatives, and programs for societal good. 

The program focuses on equipping students with practical skills that they can directly apply to careers in the fields of finance, economics, and public policy.

Career prospects after online MA in Economics

Students graduating with the degree are eligible to apply for a variety of job roles in different sectors. With industry-relevant skills under their belt, they are highly likely to prosper in varied positions. Some of the top career prospects after an online MA in Economics from MUJ are outlined below:

Job role	Job description	Average annual salary (approx)
Research Economist	Carry out detailed analysis of economic issues by gathering data, creating statistical models, interpreting the data, and publishing research findings.	INR 6 lakh – INR 18 lakh per annum
Financial Consultant	Offer expert advice to clients on crucial financial issues such as taxes, investments, and financial strategies.	INR 5 lakh – INR 18 lakh per annum
Economic Analyst	Gathering, evaluating, and interpreting data to assess economic trends and predict future economic scenarios.	INR 5 lakh – INR 12.3 lakh per annum
Policy Advisor	Assess, review, and suggest improvements to existing economic policies for the betterment of society at large.	INR 4.4 lakh – INR 7.5 lakh per annum
Data Analyst	Collect all important information to enable organizations to make informed business decisions	INR 4 lakh – INR 10 lakh per annum

There is ample demand for professionals with advanced economic knowledge in both private and public sectors. The program is designed to prepare students for the best career prospects after an online MA in Economics. 

Eligibility and Admission Process

Students interested in pursuing the program from MUJ must meet the following basic admissions requirements:

1. Course applicants must have completed a Bachelor of Arts (BA) in Economics or any other related and relevant discipline. 
2. Applicants must have secured at least a 50% aggregate score in the undergraduate degree from a recognized university. 

The admission process for MUJ’s online MA in Economics is rather simple. The university offers easy access to the online application and enrollment system on the Online Manipal platform. This simplifies the admission procedure for applicants.

Conclusion: Why choose MUJ for an online MA in Economics

Manipal University Jaipur is one of the best choices for pursuing an online MA degree in Economics. The university offers an industry-relevant curriculum complete with specific skills to prepare students for working in the economics domain. Moreover, the best advantage of learning the program from MUJ is that it offers the degree in the online format on the Online Manipal platform. This allows students sufficient flexibility to learn at their own pace and a place of their choice.