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BA Economics (Hons) Jobs, Salary, Freshers, Government, Experienced, Sector, Scope

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BA Economics (Hons) is a 3 year undergraduate program divided into 6 semesters through which candidates can develop a deep understanding of advanced knowledge of economics. Economics Honors is one of the highly sought after courses. However, the course is tough but a highly rewarding course.

Economists are always in demand due to their analytical, statistical and logical skills. They play important part in policy creation in the government sector. The Indian economy has recovered as it was before the pandemic. Real GDP in the FY 2021-22 is 8.7% which is approximately 1.5% higher than the real GDP in the FY 2019-2020.

See Also: How to become an economist?

This field offers very interesting areas of work such as Economist, financial risk analyst, accountant, investment analyst, and a lot more. Economics graduates can be employed in areas such asForecasting Firms, Stock Market, Manufacturing firms, agricultural companies, financial advisory firms, Banking & Insurance, etc. 

Some of the top recruiters are KPMG, Infosys, Accenture, Wipro, Ministry of economic research, Planning commission of India, National sample survey etc. The average salary of a BA Economics (Hons) is around INR 6.04 LPA. 

BA Economics (Hons.) Jobs

Economics is one of the fields which gained considerable growth in the past years. In terms of jobs and salary packages, this field is very attractive. Economy is one of the pillars in the growth of a country. The candidates can seek job opportunities in areas like Stock Exchanges, Financial Institution, Manufacturing firms, Agricultural companies, trade market and many more. Tabulated below are some of the top job profiles of BA Economics (Hons.) along with salary package, 

Job Profile Description Average Annual Salary
Budget Analyst Budgets analysts are the professionals who help in creating budgets, preparing reports. They are engaged with private and government organizations and monitor organizational spending. 7.13 L
Sales Executive Sales executives are one who promote their products or services to sell them to their clients or negotiate contracts with the aim of maximizing profits. 3.39 L
Business Writer Business writers are expert professionals who specialize in writing about business topics such as Finance, stock market and economy. They write for business columns for magazines or newspapers or even a journal 3.19 L
Economist Economists are the one who study production and distribution, demand and supply of goods & services. They basically collect and analyze data, present trends to predict future trends etc. 7.17 L
Market Research Analyst Market research analysts are professionals who analyze the market trends and study potential consumers and competitors. They help in studying consumer behavior and what are the needs of the present consumers. 7.98 L
Bank Teller A Bank teller usually is employed in financial institutions whose responsibilities include handling cash and other negotiable instruments. 3.36 L
Research assistant A research assistant is one who conducts background research on various economic issues including inflation, stock market, supply and demand, employment etc. 4.60 L
Investment banker Investment Bankers are experts who use their knowledge and skills to help organizations in maximizing capital. They provide expert advice in raising capital and mergers and acquisitions. 13.44 L

Jobs After BA Economics (Hons.): Sector Wise

A career in economics is one of the most reputed and rewarding careers as this field focuses on the objective of social development, public policy, national income etc. There are plethora of job opportunities in both private as well as public sector. Candidates can go for policy making, civil services, economist and other job roles in various sectors such as agricultural, environmental, political science, financial economics, banking etc. Discussed below are some of the top job profiles in both private as well as government sectors. 

Jobs After BA Economics (Hons.): Private Jobs

There are a number of opportunities after completing BA Economics (Hons) in the private sector. There are multiple job profiles on which the candidate can be hired such as Business analyst, market analyst, bank teller, etc. According to Glassdoor, the average salary of a BA Economics (Hons) ranges between INR 3.60 L - 6 LPA. Tabulated below are the top job profiles in private sector along with the salary structure, 

Job Profile Description Average Annual Salary
Operations Manager Operation Managers are one who oversee the business of the organization. They manage processes, purchasing, accounting, inventory and IT. They are mostly responsible of overseeing the production of goods and services 7.67 L
Investment Administrator Investment Administrators are professionals who provide guidance and support to clients making an investment. They maintain customers accounts and records, prepare portfolio reports and investment information. 8.60 L
Human resources Human resource managers are responsible for employing people, training them, compensating and developing strategies for the better functioning of the manpower. 6.93 L
Credit Analyst A credit analyst is an expert professional who analyzes the credit worthiness of the customers as well as the firms and also assists in the ongoing management of the firm. 5.30 L

Jobs After BA Economics (Hons.) : Government Jobs

 BA Economics (Hons) offers multiple opportunities in the Government sector. Some of the top government organizations in India are Central board of Direct Taxes, Reserve Bank of India, Civil Services, Indian Economic Services and so many more. According to Glassdoor, the average salary of a BA Economics (Hons) ranges between INR 3.15 L - 7 LPA . Tabulated below some of the top job profiles in Government sector, 

Job Profile Description Average Annual Salary
Accountant An Accountant is one who helps businesses make the financial decisions in the company by collecting, analyzing, tracking company finances. 3.17 L
Banker A banker is a one who works at financial institutions, banks, insurance companies etc who looks after and assists private as well as commercial clients. They set up accounts, budget planning, and also offers advice to clients for their investment 4.12 L
Auditor An auditor is one who reviews and analyzes the data of financial transactions in the company and ensures that all the tax laws are complied with and also checks its accuracy. 5.86 L
IAS officer An IAS officer is an administrative officer who looks after the assigned jurisdiction. They are considered to be the head of the city. 6.72 L

Jobs After BA Economics (Hons.) Freshers

After completion of BA Economics (Hons), there are several options available to candidates. They can continue with higher studies such as MA in Economics, M.Com, MBA etc. to develop deep knowledge. Candidates can explore government options such as Indian Economics services, Union public service commission, Reserve bank of India, etc. The average starting salary of a BA Economics (Hons) is around INR 4.50 LPA. Tabulated below are some of top job profiles in India along with salary structure, 

Job Profile Average Annual Salary
Data Analyst 4.07 L
Executive Assistant 4.09 L
Research Analyst 6.81 L
Business Development Manager 8.26 L
Human Resource Manager 7.90 L
Operations Manager 6.80 L
Financial Analyst 3.97 L

BA Economics (Hons.) Jobs in India

In India, there are several top recruiters who hire fresh as well as experienced candidates who have completed BA Economics (Hons). Some of the top recruiters are Accenture, IKEA, TATA, Reliance, KPMG, Infosys are some of the among the top private firms. Candidates can also choose their area of work depending upon their specialization. Some of the top job profiles are tabulated below for your reference, 

Job Profile Average Annual Salary
Financial Analyst 5.04 L
Manager Finance & Accounting 12.00 L
Data Analyst 6.30 L
Economist 7.17 L
Financial Planner 3.18 L
International Economist 15.10 L
Investment Analyst 6.10 L
Actuary 10.76 L
Financial Controller 22.40 L
Agricultural Economist 6.21 L

BA Economics (Hons.): Salary

According to Payscale, the average salary of a BA Economics (Hons) graduate is around INR 6.04 LPA. The salary is also dependent on a number of factors such as level of education, skills, knowledge, location, job role etc. The starting salary of a BA Economics is around INR 3.26 LPA while the highest can go up to INR 18 LPA. However, it also depends on the job which he is doing. Some are very high paid jobs such as investment banker, financial manager, banker, IAS officer etc. Tabulated below is the salary of a BA Economics (Hons. ) job profiles, 

Job Role Average Annual Salary
Economist Check Salary
Investment Banker Check Salary
Associate Professor Check Salary
Fraud Examiner Check Salary
Accounts Manager Check Salary
Market Research Analyst Check Salary
Credit Analyst Check Salary
Research Analyst Check Salary
Financial Analyst Check Salary

BA Economics (Hons.) Jobs: FAQs

Ques. What is BA Economics (Hons.)?

Ans. A BA Economics (Hons.) graduate can choose to do the following:

  • They analyze the financial health of the company or organization
  • Analyze data to predict present and future trends.
  • It involves study of areas like economics, banking, market, etc
  • Helps in the development of skills
  • Study includes Macro and micro economics, financial economics, economic statistics etc. 

Ques. What are the career prospects of BA Economics (Hons.) ?

Ans. There are career options after BA Economics (Hons.):

  • Associate Professor
  • Credit Analyst
  • Financial Analyst
  • Market Research Analyst 
  • Investment banker

Ques. What are the skills required to become an investment banker?

Ans. The skills required to become a Forensic Examiner are:

  • Attention to detail
  • Logical and critical thinking
  • Teamwork
  • Knowledge of economics and statistics 

Ques. Who are the top recruiters for BA Economics (Hons.) graduates?

Ans. Some of the top recruiters for BA Economics (Hons.) graduates are:

  • Quality Control Bureau
  • Infosys
  • KPMG
  • Indian Statistical survey
  • Trade market

Ques. Is there any internship required to become a Chartered Accountant ?

Ans. yes, to get a degree of chartered accountants, candidates need to go for 3 years articleship. It is compulsory and needs to be done. 

Ques. Can a student from an Economics background become an IAS Officer ?

Ans. Yes, students from any background can aspire to become an IAS Officer irrespective of their stream. 

Ques. Can one pursue BA Economics (Hons.) from distance learning?

Ans. Yes almost every college in India provides BA Economics (Hons.) from distance learning.

Ques. What is the highest salary of a BA Economics graduate?

Ans. The highest salary of a BA Economics graduate can be around INR 18 LPA.

Ques. What do economists do?

Ans. A economist is responsible for:

  • Study of production and distribution of resources, goods and services.
  • Collect and analyze data
  • Research trends
  • Evaluate economic issues.

Ques. What is the highest salary of an Investment Banker?

Ans. The highest salary of an Investment Banker in India is around INR 17.5 LPA. 

Bachelor of Arts [BA] {Hons.} (Economics) : 28 answered questions

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Ques. Which course is better: B. Commerce Hons or BA Economics Hons from DU?

● Top Answer By Divjot Bagga on 06 Oct 22

Ans. The answer to this question will rely on your future goals, what you compassionately dream of doing, and what you believe you will truly like. However, Economics Honors from DU is one of the best courses with exceptional scope and value in the corporate world. Everyone is aware that the University of Delhi's most prestigious course is Economics Hons. Rapidly rising cutoffs provide proof of this.  Additionally, compared to other courses, it offers higher placement prospects. Nevertheless, immense power entails great responsibility. It's not the kind of subject you can get by with just one night of studying. It necessitates commitment and diligence. Additionally, it is the most challenging course the university offers. So, BA Economics is the best option for anyone who is keenly interested in the subject.  BA Economics(Hons) is DU's most difficult yet prestigious course. As a result, if you are in the unreserved category, you will need a higher percentage. Try to get a score of 90% or higher to get into DU, and 95% or higher to get into DU's good colleges. In the end, it all comes down to your score.Read more
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Ques. Is it worth doing a BA in economics honors from an average college of DU?

● Top Answer By Pragya Agrawal on 10 Oct 22

Ans. Many people believe that college isn't necessary for success in life. No, it does not. But those people are simply not telling the whole story. The amount of struggle you will face without a college degree is 20 times greater than what you will face with a good college degree. Working hard today will make your life easier tomorrow. Any average college isn't worth it unless you're in dire financial need or your family's mental state is unbearable. The hype surrounding DU is unreal. All of those 52 lakh eco packages are overpriced. 5 people out of lakhs may get it; the rest must compete for a 5 lakh job. You should never accept anything less than what you deserve. You can apply for Jamia to enter. You may apply for abroad studies. You can get a fellowship and take a year off. Do whatever it takes to stand out from the crowd and make a better career for yourself.Read more
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Ques. How do I get good marks in the IGNOU MA economics?

● Top Answer By Nikhil Gupta on 28 Oct 22

Ans. If you are pursuing an MA in Economics from IGNOU, then make the best use of your study material. To score well in economics, you need to develop a deep understanding of economic theories, developments in the field, and applied math. You also need to stay updated in the field of economics. This can be done by reading newspapers, and magazines. To master your classes: Make detailed notes Form a study group It’s very important to develop an understanding of economic theories, history, and practice. Indulge yourself in the existing academic literature on the topic. Some good sources of relevant information are Newspapers like Financial Times Magazines like The Economist. Economic blogs like Economist’s View or Grasping Reality Economic books like Freakonomics, The Naked Economist, and The Armchair Economist. Listed below are some additional tips that will help you score good marks in MA Economics in IGNOU: Browse your library’s economic section Podcasts like NPR's Planet Money will help you develop a better understanding Watch the news daily. The economy is related to everything happening around the world. Stay well versed with what’s happening. CNN's Richard Quest offers the business-oriented show "Quest Means Business”. While attempting the paper, start with the questions you are most confident about. Analyze graphs carefully  These tips aim at helping everybody in general. But if you still face trouble understanding the concepts, hire a tutor.Read more
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Ques. Which is better, ISBF Delhi or NMIMS Mumbai for economics honours?

● Top Answer By Ritesh Kumar on 23 Feb 23

Ans. Both the colleges ISBF Delhi and NMIMS Mumbai offer a decent Economic Honors program. I have drawn a detailed comparison between the two on the basis of the following parameters  Worth of the Degree: NMIMS might be a reputed college but its degree cannot be compared to that of ISBF which offers a University of London degree in addition to academic assistance from London School of Economics and Political Science, the top-ranked institute in Economics. Curriculum: Economics is vast and covers a very broad spectrum of subjects from development and finance to international trade. Now the University of London excellently allows the students to choose 6 electives of their choice in addition to 6 compulsory subjects. This ensures that the students get a job in the sector they are passionate about. This flexibility of curriculum lacks on the part of NMIMS. Prospects: A DU student applying to top institutions in the UK for a master, is required to complete a diploma year before starting with his master's. This aims to compensate for the difference in the standard of education. However, anyone with a University of London degree can directly apply for a Master in top universities in the UK. Batch size: The batch size at ISBF is relatively smaller than that of NMIMS. This aids in better student-teacher interaction and class discussions. This in turn helps in better delivery of the curriculum. So in almost all aspects, ISBF is a better choice than NMIMS.Read more
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Ques. How is BA economics from DTU (East campus)?

● Top Answer By Mayank Gupta on 06 Jul 23

Ans. BA Economics Honors is a newly launched program by DTU that is delivered under the department called the University School of Management and Entrepreneurship (USME). Other programs offered under this department are BBA and MBA.  Here are a few highlights pertaining to the BA Economics Honors: The faculty is highly experienced and hails from reputed colleges. There are many inspirational professionals, one such being Dr. KV Bhanumurthy, Rtd. Dean of DSE who teaches Economics to first-year students. DTU BA Economics curriculum is somewhat similar to DU or IP University curriculum. Usually, the electives are finalized by the faculty after receiving the consent of students.  DTU has a 75% attendance rule to maintain the decorum of academic ambiance here. The campus is new so it’s still in the development phase. Overall, I believe this institute in general and this program specifically has a lot of potential and anyone who fails to get into DU for Economics should consider joining it.Read more
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Ques. How is Ambedkar University Delhi for BA in Economics and Psychology?

● Top Answer By Saloni Mishra on 18 Jan 22

Ans. Ambedkar University, Delhi is a new university and it comes under the jurisdiction of the Delhi government. It is mostly known for its Humanities courses like Sociology, Phycology, Economics, etc. It has better faculties compared to DU. Almost all faculty members hold Ph.D. degrees. As it is a small institute, the quality of education offered is quite good. They also offer many subject choices for these courses. However, the placement scenario of the institute is not that good.Read more
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Ques. How good is Loyola College Chennai for economics?

● Top Answer By Rudrani Sengupta on 04 Oct 21

Ans. The answer to this question depends on what you want to do. I have a few friends from Loyola College, Chennai, and here is what they have to say about the institute. Loyola has really good professors and a vast library with huge collections of books. It also has a digital library and conducts national-level symposiums. The placement office is amazing and a lot of different companies from diversified fields come to the campus. In the last placement drive, the highest CTC offered was 5 LPA.  Loyola has a policy of 80% attendance. It also has a compulsory club of 60 hours during the first year and there are a lot of options to choose from – NCC, NSS, FOP, Loyola dream team, AICUF, Rotaract, Radio, LPA, Debate Club, etc. Even after all of this, certain students have arrear and do not like to study. They just want to enjoy themselves and do not enroll in any club, do not use the library at all.  Overall, the college is good but it is up to you to make the most of your time there.Read more
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Ques. Which is the best college in Delhi University for BA Economics Honours?

● Top Answer By Alisha Sinha on 15 Jul 22

Ans. Here are some of the best colleges for pursuing BA Economics Hons, from DU.  College  Fee (in INR) St. Stephen’s College  1.21 lakhs SRCC  90,000 Lady Shri Ram College  47,610 Hindu College  52,680 Hans Raj College  62,835 Miranda House 42,480 Kirori Mal College  37,035 Ramjas College  38,575 These are among the most popular DU colleges for BA Eco. Read more
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Ques. How is Ravenshaw University for BA Hons. Economics?

● Top Answer By Adrija Lahiri, on 16 Nov 21

Ans. One of my friends studied at Ravenshaw University. According to him, here are some of the facts about it you should know. Ravenshaw University is the best university in Odisha for pursuing an undergraduate degree in Economics. The course structure and the syllabus are similar to the one followed by Delhi University. The faculties are highly experienced and provide proper guidance. It is known to be the most disciplined department in the college. Classes are never disturbed by strikes or student politics. The Economics students proved to be good in entrance exams for Masters in Economics and in the MBA entrance exam. Many of the seniors are pursuing their Masters in reputed institutes like JNU, HCU, MSE, etc. One of them made it to IGIDR last year. Other than academics, Ravenshaw also looks after the holistic development of the students. The infrastructure is well maintained. Hostels are clean and the food provided is hygienic. Many cultural events and fests also take place. Overall, it is a really good college.Read more
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Ques. Which is better: H.B.Econ. from SRCC or IPM from IIM Indore?

● Top Answer By Amrapali Patel on 30 Aug 21

Ans. SRCC is an established and well-known institution affiliated with the University of Delhi. The institution has a pretty good faculty and the curriculum being taught there is also considered to be of high standards. If you are planning to prepare a solid CV for your career, I would suggest that you opt for a course of your interest at SRCC.  These are just some views I gathered by interacting with students of these institutes.  The curriculum followed at IPM has been mocked by several candidates because of its diversity. It does not include specific topics for a particular specialization.  However, for the batch of 2016-21, a new curriculum has been introduced by the authorities which is more focussed on areas like Economics, Quantitative aptitude, Philosophy, Psychology, and Sociology.  These areas are also considered to be the 5 pillars of management at the PGDM level by many individuals working in the field of business and management. The placement of the institution is also quite good with the average package approximately equal to the amount which usually gets offered to candidates studying at the Postgraduate level.  Categories Economics (Hons.) at SRCC IPM at IIM Indore Course Fee 45,000 26 lakh Course Duration 3 years 5 years Highest CTC 25 LPA 28 LPA Average CTC 8-10 LPA 15-18 LPA Recruiting Companies Deloitte, KPMG, EY, Amazon, etc. ICICI Bank, American Express, Mindtree, HCL, etc. My brother was eligible for admission at SRCC but instead, he opted for IPM because it was favoring his interests, environment, and several other factors. You can too make a decision based on your interests and several other factors which you think are important for your career.Read more
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Bachelor of Arts [BA] {Hons.} (Economics) Colleges IN INDIA

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Lady Shri Ram College for Women - [LSR]
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Lady Shri Ram College for Women - [LSR]

New Delhi, Delhi NCR
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BA(3 Yrs)9.7
₹ 19.17 K first year fees
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Amity University
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BA(3 Yrs)9.5
₹ 1.3 L first year fees
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Jamia Millia Islamia University-[JMI]
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Jamia Millia Islamia University-[JMI]

New Delhi, Delhi NCR
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BA(3 Yrs)9.5
₹ 7.2 K first year fees
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St Stephen's College
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St Stephen's College

New Delhi, Delhi NCR
UGC
BA(3 Yrs)9.5
₹ 23.47 K first year fees
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Banaras Hindu University - [BHU]
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Banaras Hindu University - [BHU]

Varanasi, Uttar Pradesh
UGC
BA(3 Yrs)9.5
₹ 1.98 K first year fees
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Jagan Institute of Management Studies Technical Campus - [JIMS] Rohini
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Jagan Institute of Management Studies Technical Campus - [JIMS] Rohini

New Delhi, Delhi NCR
AICTE
BA(3 Yrs)9.4
₹ 1.08 L first year fees
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Amity University
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Amity University

Mumbai, Maharashtra
AICTE
BA(3 Yrs)9.3
₹ 94 K first year fees
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Guru Gobind Singh Indraprastha University - [GGSIPU]
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Guru Gobind Singh Indraprastha University - [GGSIPU]

New Delhi, Delhi NCR
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BA(3 Yrs)9.3
₹ 1.01 L first year fees
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