IGNOU MA Economics Admission 2026: Fees, Eligibility Criteria, Syllabus, Career Scope & Jobs

IGNOU MA Economics Admission

IGNOU MA Economics Admission 2026: Indira Gandhi National Open University offers a Master of Arts in (Economics) (MAEC) program through open and distance learning (ODL) mode, making it a flexible and accessible option for students and working professionals. The course has been restructured as per the new educational policy 2020 and follows a semester credit-based system with a multiple entry and exit option.

This allows students to complete the course at their own pace while balancing work or personal commitments. IGNOU MA Economics program is a postgraduate course with a minimum duration of 2 years and a maximum of 4 years. The course carries a total of80 credits divided into 4 semesters. In the first three semesters, students will study core subjects such as microeconomics analysis, macroeconomics analysis, Quantitative methods, Indian economics policy, and research methods.

In the final semester, learners can choose a specialized path from four different groups, such as Data Analytics, Energy and Environmental Economics, Insurance and Finance, or Social Policy. The basic eligibility for admission to the MA economics program is a bachelor’s degree in any discipline from a recognized university, with no age limit. The course fee for the January 2026 session is INR 9,500 per year, making the total fee INR 19,000.

Indira Gandhi National Open University started the admission procedure for MA Economics course under the January 2026 academic year, and last date to apply is 15 February 2026, students can visit the official portal of the university @ignou.ac.in. This course prepares students for careers in banking, research, policy making, teaching and industrial sectors for career in banking, research, policy making and more.

IGNOU MA Economics Course Highlights Table

Feature Details
Course Name Master of Arts (MA) in Economics
Conducting University Indira Gandhi National Open University
Course Code MEC
Course Level Postgraduate
Duration Minimum 2 Years
Maximum Duration 5 Years
Mode of Study Distance / Open Learning
Medium of Instruction English & Hindi
Eligibility Bachelor’s Degree or equivalent from a recognized university
Total Credits 64 Credits
Course Fee INR 19,000
Admission Cycle January & July Session
Examination Mode Term-End Examination (Offline)
Study Material Printed + Online (eGyanKosh)
Evaluation Method Assignments + Term-End Exams
Degree Awarded By IGNOU

IGNOU MA Economics Course Details

The IGNOU MA Economics course is designed according to the National Education Policy 2020 and follows a semester-based system. The total course consists of 80 credits. Students study important subjects such as microeconomics, macroeconomics, quantitative methods, and Indian Economics policy. In the final semesters, students can choose a specialization based on their interest, such as data analyst, energy and environment economics, insurance and finance, or social policy.

The course duration is 2 years, and students are allowed up to 4 years to complete the program. To apply for this course, students must have a bachelor’s degree in any subject from a recognised university. Students from all educational backgrounds can apply. The course fee is INR 9500 per year for IGNOU MA economics and this degree helps students build a career in areas like banking, research, and public policy by combining economics theory with practical data and analysis skills. 

IGNOU MA Economics Admission 2026

The IGNOU admission process started for the Master of Arts in Economics for the January 2026 academic session. Interested students can submit their application online through the official portal @ignouadmission.samarth.edu.in. The last date is 15 February 2026 to complete the IGNOU MA Economics admission in January academic year. Students must ensure they finish the registration, document upload, and fee payments before this date to secure their seat in the program. 

To initiate the process, students are required to pay a non-refundable registration fee of INR 300 and a development fee of INR 200 via online payment methods. The first-year course fee of the M A economics program is INR 9500, while the online portal is the primary method for application. Students may also seek assistance at their nearest IGNOU regional centre for offline guidance regarding documentation. 

IGNOU MA Economics Eligibility Criteria

To enrol in the MA economics program for the January 2026 session, students must meet the following requirements:

  • A bachelor’s degree in any discipline, arts, science, commerce, or more from a recognised university. 
  • Students should have secured a minimum of 50% marks in their overall semesters. 
  • There is no minimum or maximum age bar to apply.

IGNOU MA Economics Fee Structure

The fee structure for the IGNOU MA Economics program is designed to be highly affordable and accessible for all students. 

  • The total tuition fee for the two-year program is INR 19,000.
  • IGNOU provides flexibility to pay in yearly instalments of INR 9,500 per year
  • At the time of first-year admission, students must pay an additional INR 300 registration fee and INR 200 for the university development fee. 
  • A separate fee of INR 200 per theory course is applicable during examination form submission each semester.
  • All fees are payable online via the Samarth portal using Credit/Debit Cards, Net Banking, or UPI.

IGNOU MA Economics Course Syllabus

Semester 1

Course Code Title of the Course Credits
MEC 101 Microeconomic Theory and Analysis 6
MEC 102 Macroeconomic Theory and Analysis 6
MEC 203 Quantitative Methods 8
Total Credits 20

Semester 2

Course Code Title of the Course Credits
MEC 104 Economics of Growth and Development 8
MEC 109 Research Methods in Economics 6
MEC 205 Indian Economic Policy 6
Total Credits 20

Why Choose IGNOU MA Economics?

Choosing an MA in economics from IGNOU is a good option because it offers quality education along with flexibility. Below are the main  reasons why many students prefer this course:

  • NEP 2020-based course: The MA economics course follows the new education policy 2020. It uses a semester system and also provides multiple entry and exit options, which means students can study at their own pace. 
  • Choice of specialization: IGNOU allows students to choose specializations in the final semesters. Students can select areas such as Data Analytics, Energy and Environmental Economics, Insurance and Finance, or Social Policy based on their interests and career goals.
  • Low fees: The course is only INR 9,500 per year, making it affordable compared to private universities. There is also no age limit, so anyone who meets the eligibility criteria can apply. 
  • Many Career Options: The course includes both theory and practical learning. This helps students prepare for a career in banking, policy research, data-related jobs, and teaching. 
  • Flexible study mode: This course is ideal for working professionals. Students can complete the degree in 2 to 4 years while continuing their jobs. 

How to Apply for IGNOU MA Economics Admission 2026

To apply for the MA economics program at IGNOU for the January 2026 session, follow these steps to complete your online application:

  • Step 1: Visit the official IGNOU admission portal for ODL programs https://ignouadmission.samarth.edu.in.
  • Step 2: Click on the click here for new registration button. 
  • Step 3: Enter your required details, including an unique username, full name, email address, and mobile number. 
  • Step 4: Create a secure password and enter the CAPTCHA code to complete the registration. An OTP will be sent to your email or mobile for verification. 
  • Step 5: Log in to the portal using your newly created Username and Password.
  • Step 6: Fill out the application form carefully, selecting Master of Arts (Economics) as the desired program and choosing preferred Regional and Study Centres.
  • Step 7: Upload the scanned copies of all required documents in the prescribed size and format (usually under 200 KB for certificates).
  • Step 8: Pay the non-refundable Registration Fee (INR 300) and the first-year Course Fee (INR 9,500) using Net Banking, Debit/Credit Card, or UPI.
  • Step 9: Review all details in the preview section and click “Submit” to finalize your application.
  • Step 10: Download and print the Acknowledgement Slip and the submitted application form for your future reference and to track your admission status.

Required Documents

  • Recent passport-size photos
  • Signature
  • Bachelors degree
  • Class 10th and 12th marksheet
  • Category certificate
  • Valid ID proof

Career Scope After IGNOU MA Economics Course

After completing an MA in Economics from IGNOU, graduates are well-positioned for dynamic roles across both public and private sectors. In the government sector, this degree provides a gateway to the Indian Economic Service (IES), RBI Grade B (DEPR) research officer roles, and various positions in NITI Aayog or the Ministry of Finance. In the private sector, the demand for analytical expertise allows graduates to thrive as Financial Analysts, Data Analysts, and Market Research Specialists in top firms like banking institutions, investment houses, and global consultancies.

Graduates also excel in academia and research as Lecturers (after clearing UGC-NET) or Policy Practitioners in NGOs and think tanks. Freshers can expect starting salaries ranging from INR 4 LPA to INR 8 LPA, while specialists in areas like Data Analytics or Financial Economics often command over INR 12 LPA to INR 20 LPA as they gain experience. The program’s alignment with NEP 2020 and its specialized tracks, like Energy and Environmental Economics, ensures that learners are industry-ready for emerging job markets.

Jobs After Completing IGNOU MA Economics Course

Job Role Average Salary (India)
Economist INR 6 – INR 12 LPA
Research Analyst INR 5 – INR 10 LPA
Data Analyst INR 6 – INR 12 LPA
Policy Analyst INR 5 – INR 11 LPA
Financial Analyst INR 6 – INR 12 LPA
Banking Officer INR 4 – INR 9 LPA
Lecturer (After NET/PhD) INR 5 – INR 12 LPA
Statistician INR 6 – INR 10 LPA
Consultant INR 7 – INR 15 LPA
Civil Services As per govt norms

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