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AECC's Insights for your study abroad journey
Have you realised that studying Economics abroad is always the better option?Â
Do you know that there are several top-ranked world universities that offer Bachelor’s, Master’s and Doctoral programs in Economics?
Top universities in several of the world’s oft-chosen study destinations offer Economics courses. You can read the blog further to learn more about pursuing Economics abroad. We have compiled all information regarding the cost of studying, top universities and destinations, and much more.
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Why Study Economics Abroad?
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The course helps you gain insights into how the economies of different countries work.
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The lesser number of students choosing the course has led to an increased demand for Economics graduates in the job market.
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Several top-ranked universities, like the University of Oxford, the University of Cambridge, Harvard University etc., offer programs in Economics.
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Studying Economics abroad will help you gain first-hand experience with how the economy of a different nation works.
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You will gain international exposure and will be able to network with students from different cultural backgrounds.
Top Economics Courses Abroad
There are a few courses that are related to Economics, and it will be beneficial for you to learn about them as you will then have the option to change to other courses if you are interested. These courses are given below.Â
- Applied Economics
- Agricultural Economics
- Business Economics
- Commerce
- Social Economic Policy
In some cases, Economics will also be offered as a joint degree where you will have to pursue any of the courses mentioned above.
Top Universities and Destinations to Study Economics Abroad
Name of University |
Destination |
Course |
Duration |
Average Annual Tuition Fees (in INR) |
University of Oxford |
UK |
MS in Financial Economics |
9 months |
INR 48,22,000 |
Harvard University |
USA |
BA in Economics |
4 years |
INR 49,97,000 |
University of Cambridge |
UK |
MPhil in Finance and Economics |
11 months |
INR 33,51,000 |
Stanford University |
USA |
BA in Economics |
4 years |
INR 50,49,000 |
University of Melbourne |
Australia |
MA in Economics |
2 years |
INR 26,70,000 |
University of Queensland |
Australia |
MA in Economics and Public Policy |
1 year |
INR 25,21,000 |
University of Toronto |
Canada |
MA in Financial Economics |
1 year |
INR 20,53,000 |
University of Montreal |
Canada |
MS in Economics |
2 years |
INR 12,72,000 |
Heidelberg University |
Germany |
MS in Economics |
2 years |
INR 34,100 |
University of Otago |
New Zealand |
MA in Economics |
1 year |
INR 27,91,000 |
University College Dublin |
Ireland |
BS in Economics and Finance |
3 years |
INR 24,78,000 |
Eligibility and Requirements to Study Economics Abroad
The eligibility to pursue an Economics course abroad is subject to vary depending on the university, country, and level of study you choose. As such, it is not easy to give a set of requirements that all universities will ask for. However, there are a few criteria that you may need in most cases. They are given below. You should check the official websites of the universities you apply to so that you do not miss out on anything.
- All academic documents.
- Good academic score.
- Acceptable English proficiency test score.
- Good subject-specific test score.
- Work experience, if required.
- Letters Of Recommendation (LORs).
- Statement Of Purpose (SOP).
- Passport.
- Proof of funds in your home country.
How about contacting AECC’s counsellors to get one-to-one assistance on university applications? |
Jobs After Studying Economics Abroad
Job Roles |
Average Annual Salaries (in INR) |
Economist |
INR 18,00,000 - INR 92,00,000 |
Market Research Analyst |
INR 39,00,000 - INR 80,00,000 |
Financial Analyst |
INR 51,00,000 - INR 1,05,00,000 |
Policy Analyst |
INR 59,00,000 - INR 63,00,000 |
Risk Analyst |
INR 60,00,000 - INR 67,00,000 |
AECC has been assisting students in studying in top study-abroad destinations since 2008. You can contact us if you need expert guidance on any step of studying abroad. From university applications to visa guidance, we offer help on every step of your journey. Don’t hesitate to contact us!
FAQs
Macroeconomics and Monetary Economics are considered the best fields of Economics as they have a few popular specialisations.