The postgraduate Masters of Arts in Economics programme gives students a thorough understanding of the financial and management sectors and helps them acquire the abilities necessary to meet any challenge in the field. Through a variety of programmes such as workshops, seminars, and other learning opportunities, the programme provides students with up-to-date knowledge of economic theory through hands-on instruction.
This program's curriculum was created with the most recent research in mind, drawing from some of the most fascinating areas of study. It typically covers the study of financial systems, international economics, micro and macroeconomics, and fundamentals of economic theory. It offers students the chance to grow and utilise their networks in order to influence their professional paths, whether they be academic or beyond.
A master's degree in Economics prepares you for job profiles that demand numerical, analytical, and problem-solving skills, such as financial management, market research, business planning, budgeting, resource allocation, etc. M.A. Economics professionals with good scores can explore various job opportunities in both private and government organizations.
| Admission Calender | |
| Last Date for submission of completed Application Form | Saturday, 26 July 2025 |
| Reporting for Interview, submission of certificates and verification by producing originals | Saturday, 26 July 2025 |
| Admission Decision after scrutiny of documents | Wednesday, 30 July 2025 |
| Commencement of Classes | Friday, 01 August 2025 |
| Program Structure | ||
|---|---|---|
| Year | Semester - I | Semester - II |
| Year-I | Micro Economics I | Micro Economics II |
| Macro Economics I | Macro Economics II | |
| Statistical Methods for Economics | Research Methodology for Economics | |
| Indian Economy | Industrial Economics | |
| Year | Semester - III | Semester - IV |
| Year-II | Economics Development and Growth | History of Economic Thought |
| Public Finance | Software In Economics for Research | |
| Elective-I | Elective-I | |
| Elective-II | Elective-II | |
| Project Presentation, on Problems of Economic Development in India | Dissertations | |
| Project Presentation on Public Finance and Banking | ||
The program structure and electives are tentati ve, subject to change.
Electives
International Trade, Environmental Economics, Rural Development Democracy Agriculture Economics, Labour Economics, Economic development of Chhattisgarh, Economics of Social Sector
Admission Modalities
The Admission Modalities are with reference to the campus-based PG Programs offered by the ICFAI University, Raipur. The medium of instruction is English.
Eligibility
- Graduation in any discipline with 45% and above aggregate marks.
- Students awaiting final examinations results are also eligible.
Final year students who have not received the original certificates from the Board / University by August 01, 2025 will be admitted provisionally. Their admission will be confirmed subject to their passing the qualifying examination and meeting the minimum requirements as indicated above. The registration of the candidates not meeting the criteria by September 14, 2025 will be cancelled. In such cases, admission fee will be forfeited and only 50% of the semester fee will be refunded after notifying the cancellation of the seat by the University.
For the purpose of determining eligibility, based on aggregate percentage of marks for the respective program, the procedure used by the respective Board / University in award of the Certificate / Degree will only be taken into consideration. All applicants should have completed a minimum of 12 years of formal education for UG programs and minimum 15 years of formal education for PG programs by August 01, 2025. Applicants who have completed their graduation on a one-time sitting basis or on a 2-year basis are not eligible for admission to the MBA Program.
Admission Criteria
The selection of applicants for all programs is made through application and interview. While evaluating applicants for admission, due weightage is given to academic distinction, awards in sports/cultural events, debates, quizzes and other extra co-curricular activities.
Interview
On receiving the application, applicant will be intimated about the Interview Schedule. The applicants will have to go through a personal interview at the campus. This is to determine the applicants' attitude and motivation to pursue the program.
Original certificates and Domicile certificate should be produced for verification at the time of interview. The original certificates will be returned after verification.
The admission decision will be communicated after the interview process. All the selected students will be required to pay the admission fee towards confirmation of seat.
Special Reservation
There shall be a special provision for admission of applicants belonging to the State of Chhattisgarh in any course of ICFAI University, Raipur, which shall not be less than 25 (twenty-five) per cent of seats in each course/ discipline subject to the applicants meeting the minimum qualifying requirements referred to above. Seats remaining unfilled under special reservation may be filled up by allotting the same to applicants belonging to Open Category.
Seats remaining unfilled under special reservation may be filled up by allotting the same to applicants belonging to Open Category.
Application Modalities
How to Apply:
Eligible students can apply by any one of the following methods:
- Online Application
Applicants can apply online by filling up the Application Form available at www.iuraipur.edu.in and make payment of ₹ 500 towards the cost using Credit / Debit Card (Visa / Master Card / Internet Banking) through secure internet payment gateway. Applicants applying online should upload their passport size color photograph while filling the Online Application. The Prospectus will be sent to such applicants. - Download of Application Form
Applicants can fill their details online and download the Application Form from www.iuraipur.edu.in and send it to the Admissions Office along with the Demand Draft of ₹ 500 towards the cost of the application in favor of “The ICFAI University, Raipur - Fee Collection A/c” payable at Raipur. - Fill the Application Form
Applicants can fill in the application form given on Page 3 and send it to the Admissions Office.
Guidelines to complete the Application Form
Applicants are advised to read the guidelines carefully before completing the Application Form for Admission.
Application Form
- Please make sure that you meet the eligibility criteria before filling up the Application Form.
- Fill the Application Form in CAPITAL LETTERS.
- Provide all the available information under appropriate sections.
- Make sure to sign the Application Form.
- Retain a photocopy of the completed Application Form.
Attested Copies of Certificates
Applicants are required to enclose self attested copies of the following certificates:
- Date of Birth Certificate /Class X Certificate
- Marks sheets of Class XII / Diploma / Degree certificate (as may be applicable)
- Domicile Certificate in case of student belonging to the State of Chhattisgarh
- Nationality Certificate/Proof, for foreign students only
- Other certificates pertaining to academic and extra curricular activities.
Submission of Application Form
The completed Application Form for Admission may be submitted at:
Admissions Office
The ICFAI University, Raipur, NH-53,
Raipur-Bhilai Road, Km Stone 20, PO.
Kumhari, Dist. Durg - 490 042, Chhattisgarh.
E-mail: admissions@iuraipur.edu.in
Call Us: 8103207122 / 9111005504 / 9399900577 www.iuraipur.edu.in
Program Fee
Program Fee is to be paid in equal installments as shown against the respective program, as per announced schedule.
Caution Deposit
All students are required to pay the caution deposit along with the first semester fee. The caution deposit will be refunded without interest after adjusting dues, on completion of the respective program.
Fee Structure
| Fee Structure of MA Economics | |||||
|---|---|---|---|---|---|
| Program | Duration | Admission Fee | Caution Deposit | Program Fee | |
| - | - | - | - | Fee per semester | Total Program Fee (Excluding Admission Fee and Caution Deposit) |
| MA Economics | 2 years | 5,000 | 2,000 | 10,000 | 40,000 |
Merit Scholarships
The ICFAI University, Raipur (IUR) offers merit scholarships to students pursuing the PG programs. These scholarships are based on past academic record and semester-wise performance.
A. Merit Scholarships based on past academic record
Percentage of marks achieved in Class XII (or equivalent) for UG programs and graduation for PG programs will decide the amount of scholarship. Scholarship will continue semester after semester only on maintaining a minimum 6.0 GPA in the previous semester. The details are presented in the following table.
| Programs | No. of Semesters | Amount of Scholarship in Rs. * | |||
|---|---|---|---|---|---|
| - | - | Category I | Category II | Category III | Category IV |
| - | - | ≥ 90% | ≥ 80% to ≥ 90% | ≥ 70% to ≥ 80% | ≥ 60% to ≥ 70% |
| MA Economics | 4 | 8,000 | 6,000 | 4,000 | - |
* Above scholarship amount would be disbursed equally in 4 semesters for MA Economics program.
B. Merit Scholarships based on Semester-wise Performance
Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance in addition to the scholarship based on the past academic record. Details are given below
| Programs | No. of Semesters | Amount of Scholarship in Rs. * | ||
|---|---|---|---|---|
| - | - | Category I | Category II | Category III |
| - | - | (≥ 9.00) | (≥ 8.50 to < 9.00) | (≥ 8.00 to < 8.50) |
| MA Economics | 4 | 3,000 | 2,200 | 1,500 |
Detailed guidelines for the Merit Scholarship Scheme will be provided through Student Handbook.