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Ten Best Colleges in India for Economic Studies

Economics

Economics is the form of social science that majorly deals with optimal utilization and allocation of scarce resources. It can be pursued as B.Com or B.A. and students with Commerce, Science or Art/Humanities as their background in twelfth can apply for it. However, because it comes handy in tackling subjects like statistics and calculus, students are usually required to have studied maths in high school.

College plays a pivotal role in a student’s life as it lays the tiles of the path a person walks on to develop a skill-set to attain a good job and construct a successful career for themselves. But to find a suitable College according to your scores in your school life is a tiring task.

Well, the new admissions for the year 2020 are already open, to save you from tiring yourselves, we today will take you through ten institutions that are undoubtedly the best if you are planning on studying Economics after your high school.

1. SHRI RAM COLLEGE OF COMMERCE

Affiliated to Delhi University and popularly known as SRCC, Shri Ram College of Commerce was established in 1926 and serves the new harvest of curious minds as one of the best colleges for studying economics in India. It boasts a beautiful campus with in-campus hostels for both girls and boys along with other amenities.

 SRCC offers courses such as B.A. Economics (Hons.), B.Com (Hons.), M.Com, M.A. Economics, PG Diploma in Management, and has an astute economics department. The total time period for the degree is 3 years and one has to pay a fee of 25000 approx. per year. It holds a good placement record as many reputed companies visit SRCC during the placement phase. 

2. LADY SHRI RAM COLLEGE

Established in 1956 by philanthropist Lala Shri Ram, Lady Shri Ram College is a private college exclusively for girls. With a campus that spreads over 15 acres, it is located in South Delhi.

Known as one of the best colleges for women to pursue economics, it offers B.A. (Hons.) Economics and is a great institution to study Social Science, Humanities, and Commerce. The course will cost you approximately Rs. 46,110 for 3 years. Bollywood figures like Aditi Rao Hydari, Archana Puran Singh, IMF’s Chief economist Gita Gopinath are the proud alumni of this college. 

3. ST. STEPHENS COLLEGE

St. Stephens is known as one of the best colleges in DU as well as in India for economics studies. It is a religious minority college which reserves 50% of the available seats for Christians. Established in 1881, it is known for being the oldest college in Delhi.

This college has a valuable library that contains more than 90,000 books, wide and spacious classes, and an excellent sports complex.

It offers B.A. Economics (Hons.) and M.A. Economics. It also boasts a Campus Placement Cell that handles recruitment from college. UG course for 3 years will sum up to Rs. 1.05 Lakh. A.S. Banga, CEO of MasterCard and Sanjeev Bikhchandani, founder of Naukri.com are some of the proud alumni of this college.

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4. CHRIST UNIVERSITY

St. Kuriakose Elias Chavira, a social reformer of the 19th century from South India helped in the establishment of Christ University in 1969. Located in Bangalore it is a private university. It provides economic courses teamed with diverse subjects, here B.A. (Hons.) Economics, B.A. Economics, Political Science, and Sociology are some of the available options to study economics. Total fees for B.A. (Hons.) Economics will be approximately Rs. 2.42 Lakh. One has to go through a separate entrance exam and personal interview to get admission in this college.

5. LOYOLA COLLEGE

Located in Chennai, Loyola College‘s campus spreads over 4,00,000 sqm. It is an autonomous Jesuit Institution under the University of Madras which was established in 1925. With people like Ram Shriram, Viswanathan Anand hailing from Loyola, this college boasts a prestigious alumnus. It provides B.A. Economics and fees for it can range from Rs. 2.5-3 Lakh. Admission in it is based on academic performance and personal interviews. South Indian Cinema superstars Vijay and Mahesh Babu are Loyola College Alumni.

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6. MIRANDA HOUSE

Affiliated with Delhi University and established in 1948, Miranda House is an all-girls college situated in North Delhi. Here, the management curriculum not only makes students knowledgeable but also industry-ready. Economics department of this college is top-notch, for those who want to study economics can get their undergrad degree in B.A. (Hons.) Economics and post-graduation can go for M.A. Economics. UG can cost you Rs. 36,480 for 3 years.

7. ST. XAVIER’S COLLEGE

Affiliated to Calcutta University and established in 1860, St. Xavier’s College is a private institution located in Kolkata. Constituting of quality faculty, it ensures that students gain knowledge through diverse and demanding courses provided by the college. It provides B.Sc. (Hons.) Economics for those who wish to make their career in economics, it costs approximately Rs.60,500 for 3 years.

8. MADARAS CHRISTIAN COLLEGE

Established in 1837, it is one of the oldest existing colleges in Asia. Located in Chennai, Madaras Christian College has a beautiful campus spanning over 365 acres and with on-campus lake, it is known for rare trees and deer found there. It provides B.A. Economics and good placement opportunities as every year financial firms, consultancy houses, start-ups arrive to hire students and offer them handsome salary packages.

9. PRESIDENCY COLLEGE

Located in Chennai, it started as a high school to becoming a graduate school, and then finally Presidency school, it is a government college and was established in 1840. The course provided by this college to study economics is B.A. Economics. Admission in this college is based on the marks of 12th standard. Though this college lacks placement cell, research options that are available for higher education are good. Research material produced by the economics department of this college has been acknowledged worldwide.

10. HINDU COLLEGE

 One more college from DU on this list, this college was initially affiliated with Panjab University but is now part of Delhi University. It is popular for its alumni, for some of its root people were directly involved in the national movement for independence. Hindu College is an amazing university with excellent faculty and a great campus – clean and structured. It offers UG and PG courses in commerce, humanities, and social science. Those wishing to study economics can go for B.A. (Hons.) Economics which will cost up to approximately Rs. 14,175 for three years.

So, here were our top ten picks for the institutions that are best in teaching the young generation about the field that holds the well-being of a nation as the backbone. If you are a budding economist or aspiring to be one, we hope this list helped you in knowing better about the options you can explore, before choosing ‘the college’ for yourselves.

Till then. Stay safe! Stay healthy!

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