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Master Of Science

 



Msc

Master of Science in Economics

The Masters programme is typically, a two-year programme following a semester system. It can be extended up to a maximum of three years under a slow track system. To earn the MSc degree, a student is required to earn credits as per regulations in place, comprising core and elective courses. Each course is of 4 credits.

The core courses include sequences comprising Microeconomics I & II, Macroeconomics I & II, and Statistics & Econometrics I & II, Mathematics I and Development Economics.

For elective courses, students will be required to choose from several elective courses offered in the subsequent semesters.

Eligibility

  • (i) The applicants to MSc programme must have Mathematics at 10+2 level or its equivalent from NIOS or at higher level
  • (ii) Applicants to M.Sc. programmes must also have the qualifying percentage of marks or its equivalent in the qualifying degrees as indicated:

    Programme Qualifying
    Degree
    Qualifying
    Marks across categories of students
    GEN / GEN-EWS SC / ST / OBC-NCL /
    PwD
    MSc Economics BA / BSc Economics 55% 50%
    BCom / BStat / BSc (Physics/Mathematics) / BTech / BE 60% 55%
    Note: GEN is General, GEN-EWS is General Economically Weaker Section, OBC-NCL is Other Backward Class-Non-Creamy Layer, PwD is People with Disability, SC is Schedule Caste, ST is Scheduled Tribe.
  • (iii) Admission in the MSc programme will be treated as provisional and subject to meeting the eligibility requirements as applicable. The final official mark sheets of qualifying degree, as relevant, must be submitted to IGIDR at the time of admission or by 15 September 2026 in the event of delay in declaration of the undergraduate results.

MASTERS OF SCIENCE IN ENERGY, ENVIRONMENT AND
CLIMATE CHANGE

The Masters programme is typically, a two-year programme following a semester system. It can be extended up to a maximum of three years under a slow track system. To earn the MSc degree, a student is required to earn credits as per regulations in place, comprising core and elective courses. Each course is of 4 credits.

The core courses include Environmental Studies, Energy Studies, Climate Change, Environmental and Natural Resources Economics, Energy Economics and Policy, Microeconomics, Macroeconomics, Econometrics and Statistics.

For elective courses, students will be required to choose from several elective courses offered in the subsequent semesters.

Eligibility

  • (i) The applicants to MSc programme must have Mathematics at 10+2 level or its equivalent from NIOS or at higher level.
  • (ii) Applicants to M.Sc. programmes must also have the qualifying percentage of marks or its equivalent in the qualifying degrees as indicated:

    Programme Qualifying
    Degree
    Qualifying
    Marks across categories of students
    GEN / GEN-EWS SC / ST / OBC-NCL /
    PwD
    MSc Energy, Environment
    and Climate Change
    BA/BSc/BStat 55% 50%
    BTech/BE (Any stream) 55% 50%
    Note: GEN is General, GEN-EWS is General Economically Weaker Section, OBC-NCL is Other Backward Class-Non-Creamy Layer, PwD is People with Disability, SC is Schedule Caste, ST is Scheduled Tribe.
  • (iii) Admission in the MSc programme will be treated as provisional and subject to meeting the eligibility requirements as applicable. The final official mark sheets of qualifying degree, as relevant, must be submitted to IGIDR at the time of admission or by 15 September 2026 in the event of delay in declaration of the undergraduate results.

The following is a list of possible Fields of specialisation / optional courses
Microeconomics, Institutions and Trade; Macroeconomics, Finance and Growth; Econometric Theory and Applications; Energy and Environment; Development. The optional courses include Game Theory, Industrial Organization, Special Topics in Microeconomic Theory, Theories and Behaviour of the Firm, Theory of Institutions, International Trade, Applied International Trade and Investment, Topics in International Economics and Finance, Financial Economics, Issues in Industrial Economics and Corporate Finance, Financial Econometrics, Time Series Analysis I & II, Applied Econometrics for Policy Analysis, Applied General Equilibrium Models, Energy & Environment I & II, Natural Resource Economics, Tools for Sustainability Indicators I & II, Socio-Economic and Policy Issues in Energy & Environment I & II, Agricultural Economics, Contemporary Issues in Indian Agriculture, Contemporary Issues in Human Development and Policy.

Continuation into Ph.D. programme

Those who successfully complete the M.Sc. programme at IGIDR and found eligible as per the rules could join the Ph.D. programme. Such candidates may be exempted from the course requirements and would receive stipends (under the existing rules) for three years.

Costs

On selection prior to admission, a student has to pay first semester tuition fee of ₹27040/- Security deposit Rs.20,000/, student placement activity Rs.5,000/- part-refundable. Hostel Rent per Semester Rs.5408/- and Electricity charges per month is Rs.600/- .
The tuition, deposits and other fees may be revised from time to time.

Financial Assistance

MSc students can avail of need-based scholarship as per Institute norms. Students availing need-based scholarship are required to submit Income Certificate of family issued by the Revenue Authority/ competent authority of the respective State Government/Union Territory.

 Placement

In the past, M.Sc students from IGIDR have been placed in the corporate sector – a selected list of companies is provided in the section on past recruiters.  Students from our M.Sc. program have also been admitted into prestigious Ph.D. programs abroad, e.g. Columbia University, University of Michigan at Ann Arbor and Carnegie Mellon University.