Top 10 Colleges To Study Economics In India In 2023

The field of economics is an inspiring and ever-evolving subject. It provides a comprehensive understanding of the social and economic behavior of societies, making it a valuable area of study. In India, there are many excellent colleges and universities offering top-notch economic education. But which are the best institutions to study economics in India in 2023? Here is a list of the top 10 colleges to study economics in India in 2023.

1. Shri Ram College of Commerce

SRCC, connected to Delhi University, is renowned for its academic quality, infrastructure as well as excellent teachers. It was founded in 1920 by Sir Shri Ram, who was an industrialist, educator and philanthropist. SRCC provides both undergraduate and postgraduate courses in commerce and Economics, including B.A. (Hons.) Economics, B.Com (Hons.), M.Com, M.A. Economics and a postgraduate diploma in Global Business Operations. To be admitted to SRCC, applicants must fulfill the set cutoffs for their respective categories. Amenities such as accommodation (for boys and girls), a mess, common rooms, labs, a swimming pool, medical facilities, and a gym are also available. Recruiters in sectors such as banking, finance, and insurance often visit this college.

2. St. Stephens College

St. Stephens College is the oldest educational institute in Delhi, founded in 1881 and rated with an 'A' grade by NAAC. It provides a wide range of undergraduate and postgraduate courses like B.A, B.Sc, M.A and M.Sc, with departments like Chemistry, English, Computer Science, Physics, Economics, History, Hindi, Political Science, Philosophy, Sanskrit and Physical Education. With the help of its advanced placement cell, many of its students have been able to get job offers with great salaries. Furthermore, it offers scholarships through Delhi University and its admission process is solely dependent on the examination grades of the applicants.

3. Lady Shri Ram College

Lady Shree Ram College for Women, based in South Delhi, is renowned for its excellent Humanities, Social Science and Commerce degrees, ranking first in Arts, second in Commerce and third in Mass Communication. It offers a B.A. (Hons.) Economics course as well as many scholarships based on students' academic performance. The college only offers undergraduate courses, and admission requires an entrance exam as well as considering merit.

4. Miranda House

Miranda House is affiliated with Delhi University, accredited by UGC and located at DU’s North Campus, which was established in 1948. It is one of the top institutions in India and holds an 'A' grade accreditation by the NAAC and has been ranked number one by NIRF. It provides Arts and Science courses, with the Department of Economics offering B.A.(Hons.) Economics and M.A in Economics courses. Admission to the college is based purely on merit and the cut-offs are released by Delhi University after the exams.

5. St. Xavier’s College, Kolkata

Established by a Catholic Minority Religious body in 1860, St. Xavier's College is a private college affiliated to Calcutta University. With various specialisations, it provides courses in Arts, Commerce, and Science, as well as a Ph.D. in Commerce. Admissions are based on a written examination and a counselling process. Applications open in May and end in June. The college offers a B.Sc. in Economics to any student who wishes to pursue it as a career; however, they do not offer a postgraduate degree in Economics.

6. Loyola College, Chennai

Loyola College, affiliated with the University of Madras, has been functioning autonomously since 1925 when it was founded by the Society of Jesus. It was acknowledged for its excellence in teaching and research and has since become one of the leading colleges in India, offering 19 postgraduate and 19 undergraduate courses, including B.A. (Hons.) Economics and M.A. Economics. Moreover, it was awarded the title “Best Men’s College on Employability Skills”. Every year, more than 100 companies visit its premises to recruit talented individuals, and its success rate of 100% placement speaks for itself. The admission process involves online registration, and successful candidates, along with their parents, are invited to interviews.

7. Christ University, Bangalore

Christ University was founded in 1969, achieving recognition from UGC and a 'A' accreditation from the NAAC. It become a self-governing institution in 2004, and was officially declared a 'Deemed to be University' in 2008. It has three campuses located in Bangalore. Christ University provides a variety of courses in economics, including a B.A. in Economics, Political Science and Sociology, B.A. in History, Economics and Political Science, B.A. in Psychology, Sociology and Economics, and B.S. in Economics, Mathematics and Statistics. Furthermore, the school offers an M.Phil in Economics as well as a Ph.D. in Economics. In order to provide the best opportunities for their graduates, the university regularly holds placement activities to improve their skills and job prospects.

8. Presidency University, Kolkata

Presidency University, previously known as Hindu College, is a government-funded state university based in Kolkata. It is widely acclaimed as the premier college for arts and sciences. It achieved University status in 2010 after being affiliated with Calcutta University. Its first accomplishment as a University was an A-grade rating from the NAAC. It was also ranked among the top 50 universities by the NIRF in 2016. It offers a range of undergraduate and postgraduate courses, which are available through an entrance exam administered by the West Bengal Joint Entrance Examination Board (WBJEEB). The University offers B.Sc. in Economics and M.Sc. in Applied Econometry. The Presidency University Bachelor's Degree Entrance Test (PUBDET) is used for admission to the undergraduate courses, and the Presidency University Master's Degree Entrance Test (PUMDET) is utilized for the postgraduate courses.

9. Madras Christian College, Chennai

Madras Christian College was founded in 1837 and is well-known for its high academic achievement. It is one of the top 10 colleges in arts and science and has been awarded an 'A' Grade by the NAAC. Different courses are available in various fields and these include B.A. in Economics and M.A. in Economics. Companies come to the college for recruitment purposes, and admissions are based on the performance of the student in earlier examinations. There is no entrance exam for economics, either at the undergraduate or postgraduate level.

10. Hindu College

Hindu College is highly esteemed in the nation and has been in existence since 1899, affiliated with Delhi University. It has been ranked as the top college in India for Humanities, Science and Commerce and provides both undergraduate and postgraduate courses. Admission relies solely on merit, and it has been placed 7th by India Today for the finest Colleges in Commerce and 5th for Arts. It offers a Bachelors of Arts (Honours) in Economics.