M. Phil. (Economics) is focused on the analysis and study of consumption, production and distribution of goods and services. It teaches the students the working of economies and interaction of economic agents. It is applicable in almost every area like finance, government, business, education, crime, law, social institutions, science etc. This course aims to equip the students with a broad perspective on social and political influences on economics. Along with the economic theories and principles, this course provides an insight into practical application of these theories and principles in practical situations. The students are taught to identify problems, think creatively and come up with innovative methods to present an optimal solution.
Students with a strong understanding of mathematical and statistical analysis methods can excel at this course. Candidates with analytical thinking as their strongest suit are tailor made for this course. Critical evaluation, performance assessment and research analysis are other attributes which go well with this course. Students who hold a keen interest economic analysis should look no further than this course. Aspirants with excellent communication skills are always welcomed. This course suits well to the students who are good at handling data which is numeric in form. Students having a strong background in Economics are perfect for this course. Students with ability to extract relevant information draw conclusions and make logical recommendation can take this course and further develop themselves.
The graduates of this course are offering their services mostly in the Government as well as in the Private sector which is offering very lucrative job packages for them. Some also find job prospects abroad in reputable International Economic and Financial organizations. The students also have an opportunity to proceed abroad for further studies and research work in this field. The employment areas are Stock Exchanges, Banks, Financing Companies, Trade Centres and Finance Departments of Industry.
