Can I do a Master in Economics after a

Yes, you can pursue a Master's in Economics after completing a Bachelor of Technology (). Many universities welcome students from diverse educational backgrounds, including engineering, for their economics programs. Transitioning from an engineering background to an economics master's program can be a rewarding endeavor, offering opportunities for a broader understanding of various industries and enhancing your analytical skills.

Prerequisites for a Master's in Economics

It is important to meet the specific requirements of the universities you are interested in. Many economics programs require a strong foundation in mathematics and statistics, which is often part of the engineering curriculum. However, there may be additional prerequisites or recommended courses to ensure that you are well-prepared for the rigorous nature of a master's program in economics.

Utilizing Relevant Skills

Your analytical and quantitative skills developed during your engineering education will be highly beneficial in economics, particularly in areas like econometrics and data analysis. These skills will be instrumental in your academic pursuit and career in the field.

Bridge Courses and Preparation

Some institutions offer bridge courses or recommend specific undergraduate economics courses to help you prepare for the master's program. These courses can familiarize you with the fundamental concepts in economics and bridge any gaps in your knowledge base.

Application Materials

When applying for the master's program, be prepared to explain your interest in economics and how your engineering background will contribute to your studies. Your statement of purpose is a crucial part of the application, as it demonstrates your motivation and commitment to the field.

Entrance Exams and Additional Requirements

Somesciences programs require entrance exams such as the GRE or specific economics entrance tests. Your performance on these exams can significantly impact your admission chances and placement within the program.

A Real Success Story

One of ArthaPoint's students who initially came from a non-economics background secured a top position in both the IIT JAM and GATE Economics examinations. This success story underscores the possibility and potential of transitioning from a non-economics background to a master's program in economics.

Roles and Applications of Economics

The applications of core economics extend to various sectors, including banks, research institutes, and research bodies. To excel in these roles, you need to become adept in economic analysis and theories. On the other hand, PGDM or MBA courses are more skill-based and may be easier for you to master, providing a balanced approach for employment.

Choosing the Right Course and College

When selecting a course and college, consider the following critical factors:

Course: Look for an AICTE affiliated PGDM with a blended technology specialization, such as Marketing-AI-ML, HR-HR Analytics, and Finance-Fintech. Faculty: Opt for colleges that get faculty from the industry to ensure real-world applicability. Grooming: Continuous professional development is essential to stay updated and relevant. Placement: A strong focus on placement is important for obtaining a good job role and compensation package. ROI: Choose a college that provides excellent value for money while offering significant benefits.

Top B Schools for PGDM

A few good B Schools to consider are:

Ashoka School of Business/ASB Hyderabad GIBS Bangalore RSB Chennai MDI Mushidabad

Among them, ASB Hyd is highly recommended. Carry out your own research to make an informed decision. Good luck!