Your browser does not support JavaScript

Master of Arts in Economics

Ashoka University’s Master's programme in Economics has been developed to provide students the opportunity to be trained in modern Economics by highly qualified economists. Our approach to Economics is a comprehensive one. We believe in teaching students both how to ask and address questions that are informed by economic theory as well as how to substantiate their arguments with rigorous data analysis. The coursework in the programme has been designed with the latest research in mind and draws on some of today’s most exciting research fields. At the end of the programme, students are expected to have state-of-the-art quantitative skills valued both in academia and in the corporate world.



Ashoka’s intellectually vibrant campus provides students an opportunity to engage in cross-disciplinary learning and be informed by the views of leading political scientists, sociologists, psychologists, historians, mathematicians and computer scientists, amongst others. The campus is an ideal space where students can grow—intellectually as well as professionally. Within a very short period, Ashoka has been recognized as a leading innovator in Indian higher education. The Master's program in Economics provides students an opportunity to leverage Ashoka’s growing stature and expanding networks to shape their future careers, whether it be in academia or beyond.


Welcome to the Economics Department

On behalf of the Economics Department, it gives me great pleasure to inform you that application forms for the fourth cohort of the MA Economics programme will open on January 6, 2020. The last date for submitting applications is March 31, 2020 and the entrance exam will be held in May, 2020.


The MA Economics programme at Ashoka has been designed to train the next generation of outstanding economists coming out of our region. Despite being a young programme, it has already built a formidable reputation for the rigorous and comprehensive training it provides. Indeed, I cannot think of too many graduate economics programmes in India that can match the training that our programme offers. We, therefore, welcome applications from students with exceptional quantitative and analytical skills who have the motivation and intellectual curiosity to engage with the most fundamental questions in economics. Having said that, I would also like to point out that while it is common for postgraduates in Economics to take up industry or corporate jobs, the focus of a Master’s in Economics programme is very different from an MBA programme and the two shouldn’t be confused. 


The sole criterion for admission to the programme is a candidate’s relative performance in the entrance examination where they will be tested on statistics, analytical reasoning and either mathematics or economics. An undergraduate degree in Economics is not necessary to get admission to the programme and a carefully designed entrance exam makes sure that the odds are not in favor of any particular group of students - economics or non-economics. If you choose to consider Ashoka University as your choice of institution to pursue your Master’s in Economics, I wish you all the best in your application process.


Best wishes, 

Arghya Bhattacharya, Ph.D.
Assistant Professor
Department of Economics
Ashoka University

Application Form and Timeline


The Application Form for the Master of Arts in Economics is now closed.

Please refer to the Admissions Timeline given below for key dates/deadlines regarding the Application Form submission deadline and the Entrance Examination for the academic session starting in August 2020:


Applications Open


                           6th January, 2020


Submission Deadline

31st March, 2020

Examination Date

3rd May, 2020

Result Declaration

8th May, 2020

MA Economics Admissions Timeline (August 2020 Intake)

Admissions Process

Candidates who are interested in applying for the MA in Economics programme are required to fill in an application form online through the website. An applicant cannot submit more than one form in one admissions cycle.


There is no fee to start an application, however, there is a non-refundable fee of INR 1,000 that is charged at the time of submitting the application. 


Once the application is submitted, candidates are required to appear for an entrance examination. The details of the entrance examination are given below.

Entrance Examination



Candidates who wish to apply for the MA in Economics programme need a recognised undergraduate degree in any discipline. 


Structure of Entrance Examination


The structure of the entrance exam is objective and it will consist of multiple-choice questions. The exam will test students compulsorily on statistics and analytical reasoning. In addition to that, they will be required to choose either the section on mathematics or the section on economics. An undergraduate degree in Economics is not a prerequisite for entry to the programme. Please find the syllabus for the entrance exam here and a set of sample questions here.

Fee Structure

The  Fee Structure of the MA in Economics programme starting in August 2020 has the following components:



Amount (INR) per Annum

Tuition Fee


Residence Cost (Opt-In) 1,55,000
  • Ashoka University provides Residence and Meal facilities on Campus, on an optional basis. If you opt for On-Campus Residence & Meal Facilities, the annual Residence Cost is INR 1,55,000 and the annual minimum Meal Cost is INR 35,000.
  • A Refundable Meal Cost Security Deposit of INR 25,000 is charged at the time of payment of Semester 1 fee. Meal consumption over INR 35,000 will be charged on actuals 
One-time Payments
  • The Refundable security deposit of INR 20,000 at the time of the offer of admissions. The security deposit will be refunded at the time of graduation  from Ashoka University or at the time of withdrawal of admission from the programme
  • The Meal Cost Security Deposit will be refunded at the time of graduation from Ashoka University or at the time of withdrawal of admission from the programme.
More information about the fee
  • The costs mentioned are calculated in Indian Rupee (INR)
  • The annual fee is subject to revision in consonance with inflation. In the last three years, our fee has gone up by approximately 5% to 8% annually. However,  this percentage is not fixed and is subject to change

  • Services such as books, printing, photocopies, stationery, etc. will be charged on actuals

  • The Residence Cost component includes room and utilities, water and electricity (100% backup and air conditioning) plus pantry and laundry facilities

  • The Residence Cost is based on an average stay, which adds up to a duration of 9 months a year. Special permissions must be sought if a student seeks to stay on campus during vacation periods

Refund Policy

Please click here to view Ashoka University's detailed Fee Structure and Refund Policy (August 2020 intake) based on the University Grants Commission Refund Policy. 

Financial Aid

Since the beginning of the MA Economics Programme in 2017, Ashoka University’s generous Financial Aid policy has helped support approximately 58% of our students who have received some form of financial grants.


Of these students, 50% have received partial tuition waivers while 50% have received a minimum of 100% Tuition waiver or more (Hostel/Meals).

















The MA Economics Financial Aid Brackets for the 2020 intake

Financial Aid Brackets

Amount Waived (INR)

25% Waiver on Tuition


50% Waiver on Tuition


75% Waiver on Tuition


100% Waiver on Tuition


100% waiver on Tuition and 50% waiver on Residence


100% waiver on Tuition and 100% waiver on Residence


100% waiver on Tuition, Residence, and Meals

 Tuition, Residence, and Meals*

*minimum amount for one year is INR 35,000


Financial Aid Process and Policies

Candidates that receive an offer of admission from the Office of Admissions and the Department of Economics, will be given the option to apply for financial aid at this stage.


To know more about our Financial Aid Application Form, Process and Policies, click here.

Contact Information

For Application Related Queries:


Ashoka University Admissions Office

Days: Monday - Friday

Timings: 9:30 AM to 5:30 PM

Email address:  

Admissions Helpline:  +91 72900 66185

Address: No. 2, Green Avenue Street, Pocket D-3, Vasant Kunj, New Delhi – 110070