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Bachelor of Science [B.Sc] (Economics): Jobs, Scope, Career, Govt. Jobs, Salary 2023

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Collegedunia Team

Content Curator | Updated 3+ months ago

B.Sc Economics Latest Updates

07 Jan, 2026 National Entrance Screening Test has released the NEST 2026 dates. Apply by 06 April 2026. Check Dates Here.

05 Jan, 2026 NEST 2026 application process has been started. It will remain open till April 6, 2026. Apply Here 

03 Jan, 2026 Karnataka UGCET Exam Dates released. Kannada Language Test on April 22. Check Dates Here

03 Jan, 2026 SET registration and payment last date has been extended to April 15, 2026. Check Here 

31 Dec, 2025 Test structure for SET/SITEEE 2026 has been released. Check Here 

31 Dec, 2025 JEE (Advanced) 2026 registration fee has been announced. Check Here 

29 Dec, 2025 JEE (Advanced) 2026 will be held on Sunday, 17th May, 2026. Check Dates Here 

22 Dec, 2025 PU-CET (UG) registration is open. Exam is scheduled for May 10, 2026, and information submission closes on April 22, 2026. Check Here 

15 Dec, 2025 NEST 2026 schedule has been released @nestexam.in. Application process will start on 5th January till 6th April 2026. Check Here

After completing this course successfully, candidates can seek employment almost in every sector and in every field of work whether it is government sector or private sector. The most popular field of work can be banking, finance, teaching, media and retail. There are a few job profiles for which candidates can start their career:

Job Profiles

Job Description

Research Analyst- Macro Economics

Responsible for conducting survey and analyze  economic issues

Manager-Economics Modelling

Forecast and interpret market trends for future growth planning.

Budget analyst

Prepare budgets plans and execute them at right stage.

Economic Affairs specialist

Responsible for preparing social and economic data bases and handle development issues and challenges.

Economics-Lecturer

Provides knowledge of economics as a whole in colleges and institutes.

Check B.Sc Syllabus

Alternative career option after this course

In case if candidates do not have interest in pursuing further studies after this course then they can also start their own business in which they have interest such as consultancy business, retail marketing, information agency for news channels, online marketing and institute etc. Bachelor Degree in Economics has lots of career option for the deserving candidates.

Top recruiters in this sector

Following are some top recruiters for B.Sc. Economics graduates.

  • IBM
  • Cipla
  • HDFC Bank
  • Aditya Birla Group
  • Britannia Industries
  • India Tv
  • Reliance

B.Sc. Economics: Salary Trends

As we can see B.Sc. in Economics has so many career options so that candidates can join any industry whether it is telecom, retail, FMCG and information technology with the job profiles as shown below with the respective salary packages:

salary graph for B. Sc Economics

As per the skills and abilities the above mentioned top recruiters hire candidates who have achieved bachelor’s degree in economics with the respective salary packages as shown in the below chart:

salary graph for B. Sc Economics

Bachelor of Science [B.Sc] (Economics) : 16 answered questions

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Ques. What should I choose: IIT Kharagpur economics, IIT Bhubaneswar electrical, IIT Mandi electrical, IIT Guwahati civil, IIT BHU civil or something else?

● Top Answer By Kalyan Sahu on 05 Jul 23

Ans. These are very different choices and you should first make up your mind on the choice of stream. Here is the relevant information on each stream from the different institutions: Economics at IIT Kharagpur: It offers a BS (Bachelor of Science) in Economics. It is a 4 year full-time on-campus program. The course fee for the first year is INR 2.24 Lakhs, while for the next three years, it is INR 2.17 Lakhs each year. During IIT Kharagpur placements 2023, the Highest Salary reached INR 2.68 CPA. B.Tech Electrical at IIT Bhubaneswar: It is a 4 year full-time on-campus degree offered at IIT Bhubaneswar. The course fee for Electrical at IIT Bhubaneswar is INR 2.74 Lakhs in the first year and INR 2.68 Lakhs each for the next three years. In the 2023 placements, up till the present date, the highest package offered to the Electrical Branch is INR 44.62 LPA and the average package offered is INR 19.05 LPA. The placement percentage for the electrical branch stands at 85.25%. IIT Mandi Electrical: The four-year electrical at IIT Mandi has a course fee of INR 2.85 Lakhs in the first year and INR 2.63 Lakhs each in the remaining three years. Hostel fee is around INR 7500. In the year 2022, 47 out of the 48 eligible students from the Electrical branch were placed. The total number of placement offers received by the Electrical branch was 62. In the year 2023, the highest salary offered at IIT Mandi placements was INR 60 LPA and the average salary was INR 25.23 LPA. IIT Guwahati Civil & IIT BHU Civil: Civil Engineering at IIT Guwahati is a 4 year full-time on-campus program. The course fee for the same is INR 2.57 Lakhs in the first year and INR 2.12 Lakhs in the next three years. During the 2023 placements at IIT Guwahati, the highest domestic salary reached INR 1.1 CPA, while the highest international salary was INR 2.4 CPA. The top recruiters were American Express, Qualcomm, JP Morgan, and C-DoT, among others. IIT BHU Civil Engineering is a 4-year full-time on-campus degree. The course fee for the first year is INR 2.28 Lakhs, while for the next three years, it is INR 2.13 Lakhs each. During the 2023 placements, the placement percentage for the Civil Engineering branch was 76.98%. The median package was INR 15.75 LPA and the Average Package was INR 19.09 LPA. All the above institutions carry the prestigious IIT tag but to compare all of them that too using different courses is quite difficult. You must first choose the course that you wish to pursue and then decide which of these institutions best fulfills all your goals.  You can use the above statistics for course fees and placements to get a rough idea of each.Read more
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Ques. I got accepted for a BSc in economics and a BA in economics at Gokhale and Madras School of economics respectively. Which one would be a better option?

● Top Answer By Bidita Ghose on 19 Jun 23

Ans. Congratulations on your acceptance! Both the Gokhale Institute of Politics and Economics and the Madras School of Economics are well-regarded institutions for economics education in India. Ultimately, the decision depends on your personal preferences and career goals. Below is a table showing and comparing the two colleges and the courses in a table; Aspect BSc Economics at Gokhale Institute of Politics and Economics BA Economics at Madras School of Economics Curriculum Core economics courses with mathematics, statistics, and programming courses Core economics courses with mathematics and statistics courses Campus Life Located in Pune, Maharashtra with a green campus and well-equipped facilities Located in Chennai, Tamil Nadu with a modern campus and state-of-the-art facilities Extracurricular Activities Active student clubs and events organized by the Student Council Active student clubs and events organized by the Students' Association Fees INR 3.81 lakhs INR 3.0 lakhs Admission Criteria Merit-based admission with eligibility criteria based on 12th-standard marks Merit-based admission with eligibility criteria based on 12th-standard marks Ultimately it depends on your goals and preferences, so choose wisely. Hope it helps, All the best!Read more
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Ques. What should I choose, a BSc EMS from Mount Carmel, Bangalore or a B.Sc in economics from NMIMS, Mumbai?

● Top Answer By Advait Joshi on 04 Jun 23

Ans. Your job ambitions and personal interests determine whether you should study EMS at Mount Carmel Bangalore or Economics at NMIMS Mumbai. BSc EMS programme emphasises environmental management, sustainability, and conservation. This programme teaches students how to manage and reduce human impacts on the environment. A BSc in Economics studies the economy, including production, distribution, and consumption of products and services. This programme gives students a solid economics foundation and analytical abilities they can use in finance, business, government, and academia. BSc EMS from Mount Carmel Bangalore may be excellent for environmental careers. A BSc in Economics from NMIMS Mumbai may be preferable for economics, finance, or business careers.Read more
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Ques. How is the BSc Economics program at NMIMS Bangalore? I’m on the waitlist for the Mumbai campus so I want to know if I should consider Bangalore or wait for the list for Mumbai to come out.

● Top Answer By Anita Malhotra on 23 May 23

Ans. NMIMS Bangalore BSc Economics program has unique course content and innovative pedagogy. It helps in developing an individual to seamlessly integrate into an organization or to be an entrepreneur. The linkages of different quantitative methods have led NMIMS to set up a School of Economics. Mumbai is the financial capital of India and taking a shot at the admission waitlist will be worth waiting because if you get into the Mumbai campus, the level of exposure you will get will not be at par with any other city in India. If your waiting list number is beyond the acceptable limit then you should consider the Bangalore campus as well.Read more
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Ques. Which is a better choice- Ashoka University B.Sc Economics and Finance or NMIMS Mumbai BSc Finance?

● Top Answer By Anuraag Das on 29 Apr 23

Ans. Ashoka University and NMIMS Mumbai have excellent economics and finance programs. Before choosing, evaluate the differences between the two. Ashoka University is a young institution known for its creative and multidisciplinary curriculum. Its BSc Economics and Finance program teaches students economic theory, financial markets, and quantitative and analytical abilities. The program emphasizes critical thinking, communication, and problem-solving, which are useful in many occupations. However, NMIMS Mumbai has long offered undergraduate finance programs. Its BSc Finance program teaches students about financial markets, investment analysis, and corporate finance, as well as how to flourish in these disciplines. Internships and industry projects emphasize experiential learning. Ashoka University or NMIMS Mumbai depends on your job goals and preferences. Ashoka University offers a more multidisciplinary and innovative education. NMIMS Mumbai is great for practical skills and industrial exposure.  NMIMS B.Sc Finance could be better for the following reasons: Older Institutions than Ashoka Great Placements because of being in the Financial capital of India Better Return on InvestmentRead more
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Ques. Where should I get Economics Honor, Jadavpur University in Kolkata or Symbiosis School of Economics?

● Top Answer By Niraj Shah on 01 Apr 23

Ans. If you are unsure about which college to choose for your higher education, it is important to consider what you want to achieve in the future. If you are looking to secure a job soon after graduation, then Symbiosis School of Economics may be the better option for you. The college has a strong reputation for its placement opportunities, with a dedicated placement cell that works towards providing job opportunities to its students. Symbiosis School of Economics grooms its students to make them the perfect hire for big-shot companies, ensuring that they are well-prepared for the job market. On the other hand, if your goal is to pursue a career in academia, then Jadavpur University (JU) may be the better choice for you. While JU does offer some placement opportunities to its students, the focus is more on academic studies. Jadavpur University students tend to go on to pursue master's and even doctorates and are less inclined to just graduate and get a job. While Symbiosis School of Economics and Jadavpur University have their respective strengths, the choice ultimately depends on your personal goals and preferences. If you are looking for a college that can provide you with strong placement opportunities, then Symbiosis School of Economics may be the better option for you. However, if you are looking to pursue a career in academia and value academic excellence, then JU may be the better choice.Read more
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Ques. Are there any placements at DU for B.Sc students?

● Top Answer By Aruna Kakkar on 10 Oct 22

Ans. When a 12th-grade student enrols in a prestigious Delhi university, he or she has many hopes for placement and compensation. However, only 1% of students are placed in the top colleges. B.Sc. is solely academic in nature. You should never have unrealistic expectations of receiving gleaming packages after completing your B.Sc. To get a job in this field, you will need to further your education. The main advantage of studying at DU is the exposure you will receive. It will aid in your personal development.Read more
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Ques. Is a BSc in economics from Gokhale Institute better than that of the Symbiosis School of economics?

● Top Answer By Nidhi Verma on 24 Dec 21

Ans. For B.Sc in Economics, Symbiosis School of Economics should be considered before the Gokhale Institute of Politics and Economics.  Important information regarding undergraduate courses and the colleges are given below: Category Symbiosis School of Economics Gokhale Institute of Politics and Economics Admission Symbiosis Entrance Test GIPE Entrance Exam Duration 3 years 3 years Total Fees Rs. 6.4 Lakhs Rs. 3.9 Lakhs Total Seats 130 seats 60 seats Placement Percentage 80% 60% Highest CTC 7.65 LPA 12-13 LPA Average CTC 4.96 LPA 7.5 LPA Recruiting Companies TresVista, D.E Shaw Associates, Ernest and Young, Deloitte, Vodafone, Kingfisher Axis Bank, Gartner, Deloitte, HDFC Bank, JP Morgan Chase Curriculum : Symbiosis School of Economics: Symbiosis offers a great, rigorous B.Sc programme for economics which includes industrial training as well as internships.  The college has tie-ups with several international universities for international exchange programmes. Gokhale Institute of Politics and Economics: The college offers a well-rounded curriculum which focuses on theory and application of economic principles. The college includes project work, internships and placement assistance as a part of their course structure. Placement Opportunities: Symbiosis School of Economics: Symbiosis has a great placement cell which offers plenty of opportunities. The college invites companies like TresVista, CRISIL, IBM, Panasonic, Ernest and Young, D. E Shaw Associates every year for recruitment. The college has an extensive alumni network studying in international universities as well as working in major companies. Gokhale Institute of Politics and Economics: The placement opportunities are fairly good especially for M.Sc and M.A programmes while B.Sc students opt for higher studies. Symbiosis School of Economics is a good option for B.Sc in Economics. The college offers a great curriculum as well as good placement opportunities. The MSc and MA program has better placements than Symbiosis. But for BSc, Symbiosis will prove to be a better option.Read more
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Ques. What is the criteria for applying for B.Sc. economics in Bethune college?

● Top Answer By Sreetama Mukherjee, on 18 Nov 21

Ans. There are no particular criteria to apply for Economics at Bethune College. Any 12th passed student can apply for the course. They mainly consider the aggregate marks of your best 3 or 4 subjects. The selection is completely merit-based. Just keep an eye on the website during the admission period, which is usually June or July. Look out for admission notifications. Once the online admission portal is open, fill out the admission form with the required details.  You have to choose 2 General Elective (GE) subjects apart from your major. These subjects will be for the first 2 years.  With Economics Honours, students usually take Statistics and Mathematics for the GE subjects. You will have to scan and upload a few documents like your identity proof (Aadhar card/voter card/pan card/driver’s license/passport) or your admit card for class 10 boards and your class 12 boards marksheet. As the entire admission process is now conducted online, you also need to pay the fee for the application online.Read more
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Ques. I am going to start my B.Sc. Economics Honours from Bethune College of Calcutta University. Can you give me some advice?

● Top Answer By Isha Khurana, on 18 Nov 21

Ans. Bethune College is one of the renowned colleges in West Bengal. As you have opted for B.Sc Economics One of my friends also studied at Bethune College, so I might be able to provide some tips about this: Buy a last 5-year question or CBCS system previous year’s question as soon as possible.  Calcutta University tends to give the same question in an odd-even-year system. Solve those papers and prepare accordingly as 60% of the questions will be similar. Make sure you utilize the profit of the online exam system. You can score 15-20% extra than offline exams.  After the regular college classes if you need extra guidance to go for a coaching centre suggested by your seniors. Keep in touch with your seniors frequently, as they can guide you through a lot of things. Lastly, as Bethune is a very strict college, try to enjoy your college life, maintain a good relationship with your teachers and work hard and study well to make a successful career.Read more
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