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M-SC-ECONOMICS-SSE in General at Symbiosis International University (SIU)
Pune, Maharashtra
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About the Specialization
What is General at Symbiosis International University (SIU) Pune?
This M.Sc. (Economics) program at Symbiosis School of Economics (SSE) provides rigorous theoretical and empirical training in economics. It integrates core principles with advanced quantitative methods, preparing students for analytical roles in India''''s dynamic economic landscape. The curriculum emphasizes critical thinking and research capabilities, crucial for addressing contemporary economic challenges effectively within an Indian context.
Who Should Apply?
This program is ideal for aspiring economists, researchers, and policy analysts. Fresh graduates demonstrating strong quantitative aptitude and a keen interest in economic issues will thrive. It also suits working professionals looking to enhance their analytical skills for career advancement within India''''s finance, consulting, or public policy sectors.
Why Choose This Course?
Graduates of this program can expect promising career paths in economic research, data analytics, financial analysis, and public policy across India. Entry-level salaries typically range from INR 4-7 lakhs annually, growing significantly. They are well-prepared for roles in organizations like RBI, NITI Aayog, various financial institutions, and consulting firms, contributing directly to India''''s economic landscape.
Student Success Practices
Foundation Stage
Master Core Economic Theories and Quantitative Tools- (Semester 1-2)
Dedicate time to thoroughly understand foundational Microeconomics, Macroeconomics, Statistics, and Mathematical Economics. Utilize textbooks, online lectures (e.g., NPTEL, MIT OpenCourseWare), and peer study groups. Practice problem-solving rigorously to build a strong analytical base.
Tools & Resources
Core textbooks, NPTEL/Coursera for foundational courses, Peer study groups, Problem sets
Career Connection
A strong foundation is essential for advanced courses and forms the bedrock for analytical roles in research, finance, or policy formulation.
Develop Proficiency in Statistical Software- (Semester 1-2)
Actively learn and practice using statistical software introduced in ''''IT Skills for Economists'''' or ''''Computer Applications for Economists''''. Focus on Excel, R, or Python for data manipulation, visualization, and basic econometric analysis. Participate in data challenges or small projects.
Tools & Resources
Microsoft Excel, RStudio/Python (Anaconda), Kaggle for datasets, GeeksforGeeks for coding practice
Career Connection
Proficiency in statistical software is a non-negotiable skill for data analyst, econometrician, and research associate roles in today''''s data-driven economy.
Cultivate Academic Writing and Research Ethics- (Semester 1-2)
Engage deeply with ''''Research Methodology'''' and ''''Academic Writing'''' courses. Practice structuring arguments, citing sources correctly (e.g., APA, MLA), and avoiding plagiarism. Seek feedback on assignments to refine your academic communication skills.
Tools & Resources
Purdue OWL, Grammarly Premium, Mendeley/Zotero for referencing, University writing center services
Career Connection
Effective academic writing is critical for research publications, policy briefs, and reports, enhancing credibility in any professional economic role.
Intermediate Stage
Strategically Choose Electives and Area Studies- (Semester 3)
Explore diverse open and area study electives in Semester 3 to align with your career interests (e.g., Financial Economics for banking, Indian Economic Policy for civil services, Data Analytics for research). Consult faculty and alumni for guidance on elective choices.
Tools & Resources
Faculty advisors, Alumni network (LinkedIn), SSE career services
Career Connection
Specialized electives provide in-depth knowledge and niche skills, making you more competitive for targeted roles in specific economic sectors.
Engage with Current Economic Debates and Policy Discussions- (Semester 3)
Regularly read financial newspapers (e.g., Economic Times, Livemint), economic journals, and reports from RBI, NITI Aayog, or World Bank. Participate in college debates, seminars, and guest lectures to form informed opinions on India''''s economic challenges and policies.
Tools & Resources
The Economic Times, Livemint, RBI Bulletin, NITI Aayog reports, Departmental seminars
Career Connection
Staying updated on current affairs and policy helps build a robust understanding of real-world economics, crucial for roles in policy analysis, journalism, or competitive exams.
Seek Internships for Practical Exposure- (Semester 3 (during summer/breaks))
Actively search for summer internships after Semester 2 or during Semester 3 with think tanks, research firms, financial institutions, or government bodies in India. Apply theoretical knowledge to real-world projects and build professional networks. Utilize college placement cells.
Tools & Resources
SSE Placement Cell, Internshala, LinkedIn, Company career pages
Career Connection
Internships are vital for gaining practical experience, understanding industry dynamics, and often lead to pre-placement offers or strong recommendations for future jobs.
Advanced Stage
Excel in Research Project and Dissertation- (Semester 4)
Invest significant effort in your Semester 4 Research Project. Choose a relevant topic, conduct thorough literature review, apply appropriate methodologies, and ensure robust data analysis. Present your findings effectively and incorporate feedback for a high-quality dissertation.
Tools & Resources
Statistical software (R/Python/Stata), Academic databases (JSTOR, EconLit), Faculty supervisors, Research writing guides
Career Connection
A strong research project demonstrates independent analytical and problem-solving abilities, highly valued by research organizations, academia, and advanced degrees.
Refine Advanced Analytical and Econometric Skills- (Semester 4)
For electives like ''''Data Analytics for Economics'''' or ''''Time Series Econometrics'''', focus on hands-on application and advanced modeling techniques. Work on complex datasets, learn machine learning basics, and understand causal inference. Practice interpreting and communicating technical results clearly.
Tools & Resources
Advanced R/Python libraries, Specialized econometrics software (EViews), Online courses on data science/ML for economists
Career Connection
Advanced quantitative skills are in high demand for roles as data scientists, econometricians, and quantitative analysts in financial services, consulting, and tech firms.
Focus on Career Readiness and Placement- (Semester 4)
Actively participate in placement preparatory activities organized by the college, including resume building workshops, mock interviews, and group discussions. Network with recruiters and alumni. Prepare for specific company roles by understanding their requirements and practicing relevant case studies.
Tools & Resources
SSE Placement Cell, LinkedIn for networking, Interview preparation platforms (Glassdoor), Company-specific study materials
Career Connection
Proactive engagement in career readiness ensures effective job search strategies, leading to successful placements in desired economic roles post-graduation.
Program Structure and Curriculum
Eligibility:
- A graduate with any faculty with 50% marks for general category and 45% marks for SC/ST category (from official SSE admissions page)
Duration: 2 years / 4 semesters
Credits: 70 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MEC0101 | Microeconomic Theory I | Core | 4 | Theory of Consumer Behaviour, Theory of Production and Costs, Market Structures, Welfare Economics, Game Theory |
| MEC0102 | Macroeconomic Theory I | Core | 4 | National Income Accounting, Classical Macroeconomics, Keynesian Macroeconomics, Consumption and Investment Functions, IS-LM Model |
| MEC0103 | Statistics for Economists | Core | 4 | Probability Theory, Probability Distributions, Sampling and Sampling Distributions, Estimation, Hypothesis Testing |
| MEC0104 | Research Methodology | Core | 4 | Introduction to Research, Research Problem and Design, Data Collection Methods, Sampling Designs, Report Writing |
| MEC0105 | Essentials of Economics (Open Elective) | Elective | 3 | Basic Economic Problems, Demand and Supply, Market Structures, National Income, Fiscal and Monetary Policy |
| MEC0106 | Principles of Management (Open Elective) | Elective | 3 | Introduction to Management, Planning and Organizing, Directing and Controlling, Human Resource Management, Marketing |
| MEC0107 | IT Skills for Economists (Open Elective) | Elective | 3 | Microsoft Excel, Data Analysis Tools, Statistical Packages (R/Python), Data Presentation, Internet for Research |
| MEC0108 | Academic Writing (Open Elective) | Elective | 3 | Principles of Academic Writing, Structure of Research Paper, Referencing Styles, Argumentative Writing, Plagiarism |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MEC0201 | Microeconomic Theory II | Core | 4 | General Equilibrium, Externalities, Public Goods, Asymmetric Information, Behavioural Economics |
| MEC0202 | Macroeconomic Theory II | Core | 4 | Economic Growth, Business Cycles, Inflation and Unemployment, Open Economy Macroeconomics, Monetary and Fiscal Policy |
| MEC0203 | Econometrics | Core | 4 | Classical Linear Regression Model, Assumptions of OLS, Hypothesis Testing, Violations of OLS Assumptions, Time Series Econometrics |
| MEC0204 | Mathematical Economics | Core | 4 | Optimization Techniques, Comparative Statics, Dynamic Analysis, Difference Equations, Differential Equations |
| MEC0205 | History of Economic Thought (Open Elective) | Elective | 3 | Ancient Economic Thought, Mercantilism, Classical Economics, Marxian Economics, Neoclassical Economics |
| MEC0206 | Computer Applications for Economists (Open Elective) | Elective | 3 | Advanced Excel, SPSS/Stata, Introduction to R/Python for Econometrics, Data Visualisation, Web Scraping |
| MEC0207 | Entrepreneurship Development (Open Elective) | Elective | 3 | Concept of Entrepreneurship, Entrepreneurial Process, Business Plan Preparation, Funding for Startups, Legal Aspects |
| MEC0208 | Current Economic Issues (Open Elective) | Elective | 3 | Indian Economy Overview, Contemporary Economic Challenges, Global Economic Issues, Sectoral Issues, Policy Debates |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MEC0301 | Public Economics | Core | 4 | Public Goods and Externalities, Taxation Principles, Public Expenditure, Fiscal Federalism, Fiscal Policy |
| MEC0302 | Development Economics | Core | 4 | Theories of Economic Development, Poverty and Inequality, Human Capital, Agriculture and Rural Development, Industrialization |
| MEC0303 | Environmental Economics (Open Elective) | Elective | 4 | Environmental Externalities, Valuation Methods, Environmental Policies, Climate Change, Sustainable Development |
| MEC0304 | Financial Economics (Open Elective) | Elective | 4 | Financial Markets and Institutions, Risk and Return, Portfolio Theory, Asset Pricing Models, Derivatives |
| MEC0305 | International Economics (Open Elective) | Elective | 4 | Theories of International Trade, Trade Policy Instruments, Balance of Payments, Foreign Exchange Markets, International Organizations |
| MEC0306 | Health Economics (Open Elective) | Elective | 4 | Demand and Supply of Health, Health Care Financing, Health Insurance, Economic Evaluation in Health, Public Health |
| MEC0307 | Indian Economic Policy (Area Study Elective) | Elective | 4 | Economic Planning in India, Sectoral Policies, Fiscal Policy in India, Monetary Policy in India, Reforms and Liberalisation |
| MEC0308 | Agricultural Economics (Area Study Elective) | Elective | 4 | Agricultural Production Economics, Agricultural Marketing, Agricultural Price Policy, Food Security, Rural Finance |
| MEC0309 | Industrial Economics (Area Study Elective) | Elective | 4 | Market Structure and Performance, Industrial Concentration, Industrial Location, Industrial Policies, Mergers and Acquisitions |
| MEC0310 | Labour Economics (Area Study Elective) | Elective | 4 | Labour Supply and Demand, Wage Theories, Labour Market Segmentation, Unemployment, Industrial Relations |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MEC0401 | Research Project | Core | 8 | Identification of Research Problem, Literature Review, Research Design, Data Analysis, Dissertation Writing and Presentation |
| MEC0402 | Urban Economics (Open Elective) | Elective | 4 | Urbanisation Trends, Urban Land Use, Urban Infrastructure, Housing Markets, Urban Governance |
| MEC0403 | Behavioral Economics (Open Elective) | Elective | 4 | Foundations of Behavioral Economics, Heuristics and Biases, Prospect Theory, Intertemporal Choice, Behavioral Finance |
| MEC0404 | Energy Economics (Open Elective) | Elective | 4 | Energy Resources, Energy Demand and Supply, Energy Policy, Renewable Energy, Environmental Aspects of Energy |
| MEC0405 | Gender Economics (Open Elective) | Elective | 4 | Gender Disparities, Labour Market Issues, Gender and Human Development, Intra-Household Bargaining, Gender Mainstreaming |
| MEC0406 | Demographic Economics (Area Study Elective) | Elective | 4 | Population Theories, Fertility and Mortality, Migration, Population Structure, Demographic Transition |
| MEC0407 | Data Analytics for Economics (Area Study Elective) | Elective | 4 | Introduction to Data Analytics, Statistical Programming (R/Python), Machine Learning Algorithms, Big Data Applications, Data Visualization |
| MEC0408 | Managerial Economics (Area Study Elective) | Elective | 4 | Demand Forecasting, Production and Cost Analysis, Pricing Decisions, Market Structure and Strategy, Capital Budgeting |
| MEC0409 | Time Series Econometrics (Area Study Elective) | Elective | 4 | Stochastic Processes, ARIMA Models, Unit Root Tests, Cointegration, ARCH/GARCH Models |
