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M.Sc., M.Phil & Ph.D
programmes
HIGHLIGHTS
OF IGIDR'S ACADEMIC PROGRAMMES
The distinguishing features of
the Institute's research programme are the
following:
A
multidisciplinary faculty: The
Institute has a body of researchers from a variety of academic backgrounds
working in different areas. These include standard economic sub-disciplines
such as microeconomics, macroeconomics, and econometrics, and special areas
such as agricultural policy analysis, industry studies, energy and
environment studies, applied general equilibrium modelling,
and studies of poverty and rural development.
Focus on Topical
Research Problems: The choice of topics
for research in the Institute has depended on following things: the academic
interests of the faculty members, the Institute's perception of emerging
analytical and policy issues in the national and international context, and
sponsored projects reflecting the importance of current practical issues. The
Institute's conscious aim has been to encourage the use of economic analysis
to further the understanding of developmental issues, with a fine balance
between theory and practice.
Interactive
Classes: The institute aims
at maintaining a small class size and a high teacher-student ratio. This
feature helps us to make our lectures interactive and assess students on a
continuous basis instead of a one-off examination. We also encourage students
to write term papers in some courses and make presentations. This together
with the option of writing a thesis produces a class of students who have
good presentation and writing skills apart from analytical capabilities.
Hands-on Training: The involvement of students as Research Assistants in
Institute's research also exposes them to the concerns of the real world and
enables them to get hands-on experience in using their analytical knowledge
in conjunction with data analysis tools.
Infrastructure: The institute has
outstanding research infrastructure, which includes one of the best research
libraries in the country, completely networked campus, a top of the line
computer center, and other supporting facilities.
Location in
Mumbai: Contacts established with the industrial and financial community in
Mumbai and the relation with the RBI provide another special advantage in
dealing with issues of industry and finance.
Placements: Students from the
Institute have been placed in faculty/research positions in various national
and international academic institutions, and in various national and multinational
organizations.
The names of the companies where our students are placed (In Campus interview)
ICICI, GE, Fair Issac, AMEX, BCC, Citigroup, Fractal, Global analytics, Boston Analytics, Evalueserve, E-Serve,HSBC,Fifth e Solutions,etc.
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ACADEMIC PROGRAMMES
IGIDR offers the following academic programmes:
M.Sc. programme in Economics.
M.Phil./Ph.D.programme in Development
Studies, which has an interdisciplinary
perspective, with major emphasis on economics.
These programmes are ideal for those students
who are desirous of bringing their knowledge
to the study of development. Students with
background of economics and other disciplines
such as engineering, science, management
etc. are encouraged to join the programmes.
However, they should keep in mind that the
primary focus of the teaching programme
is on economics.
(I) M.Sc. IN ECONOMICS
This is a two-year programme, which would
impart students with a rigorous and hands-on
training in Economics, with special emphasis
on analytical and problem solving skills
as well as exposure to emerging policy issues
at the national and international levels.
This programme involves a successful completion
of either 16 courses or 14 courses and a
Masters thesis. It is aimed at all those
with necessary quantitative prerequisites
who would like to be grounded in economic
analysis.
- Course Structure and Duration:
This is a two-year programme. First Year
course work exclusively focuses on the following
compulsory courses: Microeconomics I and
II, Macroeconomics I and II, Statistics
and Econometrics I and II, Mathematics for
Economics, and Development Economics.
In the second year, students need to take
three additional compulsory courses viz.,
(i) Indian Economy: Policy Issues and Development
Experiences (ii) Public Economics and (iii)
Energy and Environment. In addition, they
need to complete five optional courses or
three optional courses and a Masters thesis.
The following is a list of possible optional
courses:
Games and information, Industrial organization,
Topics in public economics, Time series
analysis, Applied econometrics, Monetary
economics, Applied general equilibrium models,
Economy-wide models, Issues in industrial
economics and corporate finance, Financial
economics, Agricultural economics, Theory
of institutions, Topics in economic theory,
Themes in human deprivation, International
political economy, Energy Systems Studies,
Energy and environment economics, Environmental
science and technology and Environmental
management.
- Continuation into M.Phil./Ph.D.
Programme:
Those who successfully complete the M.Sc.
programme at IGIDR and found eligible as
per rules could join the M.Phil./Ph.D. programme.
Such candidates may be exempted from the
course requirements and would receive stipends
under the existing rules: for one year in
case of M.Phil. registration, and three
years in case of Ph.D. registration.
- Costs, Financial Assistance, and
Admission Eligibility:
Please refer to the yearly admission notification
and prospectus.
(II) M.Phil. and Ph.D. IN DEVELOPMENT STUDIES
The M.Phil. programme is a two year programme,
designed for those who would like to acquire
a certain level of analytical and applied
skills but who are not keen on pursuing
a Ph.D. degree.
The Ph.D. programme is designed to create
academic researchers as well as professionals
who are capable of conducting policy analysis,
relating to national and global economic
and development issues, in a quantitative
and inter-disciplinary manner. While an
interdisciplinary approach is encouraged,
the programme lays somewhat larger emphasis
on economics to provide an integrating framework
within which various development issues
can be addressed. Ph.D. students are expected
to submit their dissertations within four
years of joining the Institute.
Both M.Phil. and Ph.D. programmes involve
successful completion of course work as
well as submission of dissertation. Both
the M.Sc. and M.Phil./Ph.D. stream students
who would like to register for a Ph.D. degree
need to pass a set of comprehensive examinations,
in addition to the prescribed course and
grade requirements.
- Course Structure and Duration:
Both M.Phil. as well as Ph.D. students need
to take ten courses (six compulsory and
four optional) with a minimum of eight of
these to be completed in the first year.
Of the courses completed in the first year,
six must be selected from the following
set of core courses, viz., Microeconomics
I and II, Macroeconomics I and II, Statistics
and Econometrics I and II, Energy and Environment
I and II, with at least two complete sequences
covered (a complete sequence for example
would be Microeconomics I and II). The remaining
four courses must be chosen from the list
of possible optionals. This list includes
all the optionals as well as those core
courses (listed in the M.Sc. programme)
that the student has not taken as compulsory.
If a student so chooses, s/he can complete
all ten courses in the first year. Those
students who already possess a Masters degree
in Economics may get a pass-through in certain
courses provided they clear a set of examinations.
In addition, students who wish to have
the M.Phil. degree, are required to submit
an M.Phil. dissertation. For continuation
in the programme as a Ph.D. student, the
student has to pass a set of comprehensive
examinations and is expected to write a
Ph.D. thesis within the stipulated time
frame.
- Costs, Financial Assistance, and
Admission Eligibility:
Please refer to the yearly admission notification
and prospectus.
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