Economics is fast emerging as a popular subject among students especially for those who take up Commerce in their 11th and 12th standard. More and more people are recognizing the scope that Economics holds. MBA courses have become very popular among doctors and engineers as well. Therefore, it is but natural that economics is fast finding its foothold in the academic area.
This article lists down the top 20 colleges for Economics in India. 10 years ago the rankings for each college were more or less stable. However, in recent times the rankings for Economics colleges have been fluctuating. The below given list has the latest rankings for each college. Some of the best colleges are located in the metros; Mumbai, Delhi, Pune, Kolkatta, Hyderabad, Bangalore and Chennai. But cities like Chandigarh and Ahmadabad also boast of some of the best economics colleges in the country. Almost all the colleges offer major in economics honors, BA, MA, MSc, Phil and PhD.
Top 20 Colleges For Economics In India
Tolani Maritime Institute
This institute is located in Pune and has the Post Graduate Diploma in Maritime Economics and Operations. This course offered only by Tolani Maritime Institute in the country is one of the most sought after course among students. One has to have an undergraduate degree from any recognized university to get admission for this course.
The total duration of the course is one year and the course is divided in two semesters of six months each. The selected candidates have to go through an interview round and the final list of the candidates is prepared on completion of this round. The institute offers placements for all the students.
Lady Shri Ram College For Women
The college is located in Delhi and is meant only for women. Lady Shri Ram College for Women has the best BA (Eco) course in the country. Established in 1956, the college is affiliated to Delhi University although the college is not located within the University campus.
The cut-off percentage for all its undergraduate programs is very high and one has to be academically inclined to be a part of this prestigious institute. The college offers graduate as well as post graduate courses in Arts and Commerce only. Its Commerce department has some of the best faculty members.
The college comes within Delhi University and like LSRC, Ramjas College is also known for its BA (Hons) in Economy course. Ramjas College goes back to 1917 and boasts of an excellent department for economics. The college has separate hostel facility for boys and girls who come from outside Delhi. Ramjas College also has a few post graduate programs in Commerce and Economics.
H.R College Of Commerce And Economics
The college in Mumbai and is very popular among the students for its Bachelor and Masters courses in Economics. The college is affiliated with AICTE. The college has excellent classroom facilities that include LCD projectors for presentation as well as Wi-Fi. There is a well-stocked library, gymnasium, swimming pool as well facility for copier and printer. The library has a dedicated air-conditioned room for students who want to study comfortably in the college itself.
The college is in Chennai and is best known for its BA in Economics and MA in Business Economics. The college is part of the University of Madras. The college boasts of a vast campus with best infrastructure facilities. The library has a whopping collection of more than 87,000 academic books.
The admission is done through entrance tests for a few courses while for the other courses the admission is done directly depending on the marks scored by the candidate in the previous academic studies.
Shri Guru Gobind Singh College Of Commerce
This college is in Delhi and is a part of Delhi University. Shri Guru Gobind Singh College for Commerce has excellent BA Eco (Hons) department. The college became functional in 1984 in an effort to promote economic studies among students post 10+2. The college offers placements for some of the post-graduate courses. Unfortunately, there are no post-graduate courses in Economics that are offered by the college.
St Albert’s College
The college is situated in Kochi/Cochin and offers Bachelor of Arts course in Economics. It was first established in 1946 and boasts of a heritage building as one of its wings. St Albert’s college is affiliated to the Mahatma Gandhi University. Along with a well stocked library and high speed internet connection, the college also offers placements for the deserving candidates. Companies from all over India throng to the college every year for conducting placements.
Lala Lajpat Rai College Of Commerce And Economics
The college is part of Mumbai University and is of course located in Mumbai. It offers both graduate as well as post-graduate courses in Economics and Commerce. Admission for some courses requires taking an entrance test while for some the admission is done directly based on the percentage achieved for the last studied program. The cut-off percentage for the undergraduate programs is high. The college has a well-stocked library that is also well organized.
Indian Institute Of Technology, Kharagpur
The IIT located in Kharagpur is very famous for its Integrated M.Sc in Economics course. The completion of the course takes five years. Eligibility for the course is 10+2. The IIT in Khargpur is affiliated to AICTE and the institute was established in 1950. Since then IIT Kharagpur has lived up to its tag of being one of the best institutes in India for courses in post-graduate studies. However, the cut-off percentage for all the courses is very high, almost around 95% for most of the offered courses.
Lovely Professional University
This is a private institute and a global university that is based in Jalandhar and has a vast and well-equipped campus on the outskirts of the city. The university offers M.Phil as well as PhD studies in Economics. Students have the flexibility to choose from full time or part time courses. The institute has India’s largest campus and boasts of modern facilities in classrooms, library and the hostel.
Lovely Professional University is recognized by University Grants Commission (UGC) and by Distance Council Education (DCE). This means that LPU is one of the best institutes in India for doing distance learning courses. On successful completion of professional courses, the university also arranges for placements for all the deserving candidates. Some of the best companies throng to the university to conduct direct recruitments.
The college is in Chennai and is famous for its graduate and post-graduate programs in Economics. The college is affiliated to Madras University and goes way back to 1925 when it was established. It offers separate hostel facilities for boys and girls. The cut-off list for Loyola College is high and one has to be a academically inclined for admission to economics courses.
St Stephens College
The college is located within the Delhi University campus and is best known for its BA (Hons) in Economics and MA in Economics. The first cut off for admission to St Stephens College is more than 90% in almost all subjects. The college also boasts of the best economics department within the university campus.
Madras Christian College
The Madras Christian College is in Chennai. Every year the college receives thousands of applications for its BA in Economics course. Students from various parts of the country apply each year for this course. The college has only undergraduate courses for economics; although it does have courses in MSc and MA in Political Sciences.
The college is situated in Chennai. It has graduate and post-graduate courses for Economics. One can apply for BA post 10+2 and for MA after completing three years of graduation in any discipline.
Located in Pune, the college is very popular among North Indian students who throng each year to Pune for doing BA and MA in Economics.
The college is located in Bengaluru/Bangalore. It offers MA in Applied Economics as well as Doctor of Philosophy (PhD) in Economics. There are entrance tests that are conducted for entry into both graduate as well as post-graduate courses. The university boasts of a well stocked library.
Hansraj College is part of the Delhi University campus. The college is known for its BA (Hons) in Economics course. The course lasts for a total of three years. BA in Economics is a quite sought after course in Delhi University.
Bhim Rao Ambedkar College
The college is located in Delhi and is famous for its BA (Hons) in Business Economics course. The course eligibility is 10+2 and the duration of the course is three years.
Delhi College Of Arts And Commerce
As the name suggests, the college is in Delhi and is best known for its BA (Hons) in Economics. DCAC only offers graduate courses in all subjects including Economics.
Veer Bahadur Singh Purvanchal University
The university is based in Jaunpur and is famous for its Masters of business Economics (MBE) course. To do this course the applicant has to be a graduate in Economics, Mathematics, Commerce, Statistics or Business Administration. The entire duration of the course is two years and the course is completed semester-wise.