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Indain Institute Of Foreigen Trade - Iift was established in 2 May 1963. Indain Institute Of Foreigen Trade - Iift is a Central institute approved by UGC. Indain Institute Of Foreigen Trade - Iift is located in New Delhi, Delhi. Indain Institute Of Foreigen Trade - Iift offers an MA in Economics. An MA in Economics or Master of Arts in Economics is a two-year postgraduate course divided into four semesters. An MA in Economics combines all aspects of economics in society and broadly focuses on topics such as macroeconomics, microeconomics, public economics, econometrics, international economics, and financial economics. Economics is concerned with production and consumption, and changes in demand and supply in the market. Job titles include branch manager, teacher, research assistant, stock broker, trading analyst, data analyst, etc. Strategic analyst, business journalist, and marketing manager. Indain Institute Of Foreigen Trade - Iift, New Delhi provides a wide range of amenities to its students and faculty including a library, auditorium, sports equipment, laboratories, hostel accommodation, etc. for the overall development of the students. As per the recent job advertisements of Indain Institute Of Foreigen Trade - Iift, students have been placed in reputed companies like Uber, Tech Mahindra, Wipro, etc.
| Institute Name | Indain Institute Of Foreigen Trade - Iift New Delhi |
| Established | 2 May 1963 |
| Approved By | UGC |
| Affiliated By | |
| Type | Central |
| Address | New Delhi,Delhi India 110016 |
| E-Mail | info@tedu.iift.ac.in |
| Official Website | https://www.iift.ac.in/ |
Rely on your own understanding of the world: From personal decisions to international events, everything is determined by economics. We teach you the analytical skills to critically analyze economic relationships, calculate data statistically, and draw well-founded conclusions.
Develop valuable skills: Unlike the previous option, here you will develop your grades and quantitative reasoning skills, both of which are highly in demand in various fields. You will also develop excellent communication and research skills through projects, presentations and research papers.
Career diversity: A Master's in Economics gives you access to a variety of career perspectives. Opportunities exist in research, banking, finance, consulting, government, international organizations, and NGOs. Popular jobs include economist, financial analyst, risk analyst, policy analyst and research assistant.
Intellectual challenge and personal growth: The program pushes you to critically question economic theory, participate in important debates and question your own preconceptions. It fosters intellectual curiosity and personal development.
Make a difference: Economic analysis to a large extent justifies policies that affect people's lives. You can use your experience to address critical issues such as poverty, inequality, and climate change.
Connect with like-minded people: You'll build lasting friendships with professors, scientists, and fellow students interested in economics. This network will expand your future opportunities.
A gateway to further study: A Master's in Economics can serve as a stepping stone to a PhD program or an advanced specialization certificate, further enhancing your talents and career potential.
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| Course Name | MA in Economics |
| Eligibility Criteria | Bachelor's degree |
| Course Duration | Two Years |
| Course Level | Post Graduation |
| Fee Structure | Updated Soon |
| Top Recruiters | HDFC, Axis Bank, Accenture, Hewlett Packard, Dell, etc. |
| Job Profiles | Research Analyst, Data Analyst, High School Teacher, Economist, etc. |
Semester 1
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Semester 3
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Since an MA in Economics is one of the most dynamic courses, academic reading alone is not enough to distinguish it from other courses. Students who choose to pursue a Master's degree are expected to acquire a range of skills. A master's program helps students find a niche in their field of expertise and succeed. Some of the skills that are suitable for an MA in Economics are listed below:
Numerical skills
Problem-Solving Approach
Expert in one technical domain
Cost-cutting skills
Managerial abilities
Communication skills
Interpersonal approach
| Job Role | Job Description |
| Research Analyst | A research analyst does the work of examining data and producing helpful information for employers. |
| Data Analyst | Conducting surveys, acquiring relevant information, and presenting those collections in charts and graphs are what data analysts do. |
| High School Teacher | The job of a high school teacher is to make students familiar with all the aspects of economics mentioned in the curriculum of the board of education and to conduct tests and project works. |
| Economist | Conducting and designing research to identify trends as well to assist the government, banks, and agencies is the day-to-day work of an economist. |
| Primary School Teacher | Primary school teaches economics as part of social science to the primary students. |
| Director of Operations | Ensuring that all the individuals working in a firm are productive as well as controlling purchases related to resources is typical of a director of operations. |
| Project Manager | A project manager does all the jobs related to projects. Starting from developing a project plan, and communicating the same to managing and arranging resources for the projects, everything has to be checked. |
Indain Institute Of Foreigen Trade - Iift New Delhi has a dedicated placement cell that helps final-year students secure internships in various industries. The placement cell offers a wide range of training programs including workshops, seminars, and industry talks to equip students with all the required skills. As per the available placement statistics, Indain Institute Of Foreigen Trade - Iift New Delhi conducts placement drives. Many placements have been done as part of Indain Institute Of Foreigen Trade - Iift New Delhi campus campaigns. Indain Institute Of Foreigen Trade - Iift placement cell works with several companies and encourages companies to participate in campus placement campaigns. The institute also offers internship opportunities to its students. Some of the top recruiters for Indain Institute Of Foreigen Trade - Iift include HCL, Zee TV, Genpact, Syntel, and several others.
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| Sports | Indain Institute Of Foreigen Trade - Iift, New Delhi has a large sports ground for cricket, football and volleyball that makes students to be physically active and refreshes their minds. |
| Transport Facility | The Indain Institute Of Foreigen Trade - Iift has a transport facility for students and staff. |
| I.T Infrastructure | The Indain Institute Of Foreigen Trade - Iift has well-established computer labs with all the advanced IT Infrastructure facilities available for the students and faculty members of the Indain Institute Of Foreigen Trade - Iift. |
| Library | The Indain Institute Of Foreigen Trade - Iift has a library with a wide range of books, e-journals, newspapers, and magazines that is helpful for the students and faculty members to gain knowledge. |
| Classrooms | The Indain Institute Of Foreigen Trade - Iift has a classroom facility for students. |
| Hostel | Indain Institute Of Foreigen Trade - Iift, New Delhi provides hostel facilities to all students with all the basic furniture provided. The hostel is well equipped with fans, a bed, a study table, and a wardrobe. |
What is the scope of an MA in Economics?
Answer: An MA in Economics provides participants with the analytical skills to understand and address complex economic issues in areas such as finance, public policy, and development.
What career opportunities does an MA in Economics provide?
Answer: Graduates can work in a variety of sectors including banking, management consulting, government, research institutes, international organizations, and academia.
How long does it usually take to complete an MA in Economics program?
Answer: Most MA programs in economics require one to two years of full-time study, but this varies depending on the institution and whether a thesis is required.
What is the difference between an MA in Economics and an MBA?
Answer: Both degrees focus on the principles of business and economics, but an MA in Economics emphasizes the theoretical and analytical aspects, while an MBA usually has a more practical business focus.
Are there specialization options for an MA in Economics?
Answer: Yes, many programs offer specializations such as financial economics, international economics, development economics, and econometrics, allowing students to tailor their studies to their interests and career goals.
How does an MA in Economics prepare students for further academic goals such as a PhD?
Answer: The rigorous coursework and research experience gained during the MA program provide a solid foundation for doctoral study in economics or a related field.
What research opportunities do I get in an MA in Economics?
Answer: Students often have the opportunity to participate in independent research projects, work as faculty research assistants, and participate in research seminars and conferences.