PG Diploma in Economics is a 1-year postgraduate course that offers specialized knowledge in economic theory and explanation. The course offers quantitative, analytical, and data skills that help in launching a career as a market economist for banks, governments, multilateral institutions, and think tanks. The course helps in strengthening the foundation for a research career in economics.
The eligibility criteria of the PG Diploma in Economics include having a Bachelor's degree in any discipline or any other equivalent examination from a recognised board with a minimum of 50% aggregate marks.
The course fee of a PG Diploma ranges from INR 40,000 to INR 7,00,000 for pursuing a PG Diploma in Economics. The course fee of colleges that offer PG Diploma in Economics in online mode is lower than that of colleges offering PG Diploma on campus. The Maharaja SayajiRao University, Gujarat University, Meghnad Desai Academy of Economics, University of Mysore, Gokhale Institute of Politics and Economics, IIM Mumbai, and Next Gen India Educational Development Council are a few of the well-known institutes that offer a PG Diploma in Economics mode.
The PG Diploma in Economics graduates can land job roles such as Data Analyst, Research Analyst, Financial Analyst, Business Analyst, Risk Analyst, Market Research Analyst, Junior Economist, Banker, Policy Analyst, Investment Consultant, Economic Service Officer, Teacher/Lecturer, Actuary, Economic Consultant, Quantitative Analyst, Trade Specialist. with salaries ranging from INR 2. 5 LPA to INR 6 LPA according to work experience.
Table of Contents
- PG Diploma in Economics Course Highlights
- What is a PG Diploma in Economics?
- Why should one study a PG Diploma in Economics?
- Who should pursue a PG Diploma in Economics?
- PG Diploma in Economics Eligibility Criteria
- PG Diploma in Economics Colleges
- PG Diploma in Economics Admission Process
- PG Diploma in Economics Syllabus
- PG Diploma in Economics Jobs and Salary
- PG Diploma in Economics FAQs
PG Diploma in Economics Course Highlights
The important details about the course, PG Diploma in Economics, are summarised below:
What is a PG Diploma in Economics?
The PG Diploma in Economics is a postgraduate course of 1year that can be pursued after any bachelor's degree. The course prepares the graduates for master financial markets and gain expertise in data-driven finance.
The PG Diploma in Economics focuses on Microeconomics, Macroeconomics, Econometrics, Statistical Methods, Mathematical Economics, Indian Economy, Public Economics, Development Economics, International Trade & Finance, Financial Economics, Data Analysis and Programming.
Why should one study a PG Diploma in Economics?
The benefits of pursuing a PG Diploma in Economics after your graduation are listed below:
- Forms a strong foundation for higher studies in Economics and Finance.
- A PG Diploma in Economics helps you learn how economies function and how choices impact markets and society.
- It’s a good option if you want in-depth knowledge of economics without taking on a full master’s degree.
- This diploma is well-regarded and can boost your chances of clearing competitive exams and getting government roles.
- It also helps you connect with teachers, researchers, and professionals, opening up valuable networking opportunities.
Who should pursue a PG Diploma in Economics?
The individuals who fall into the criteria given below will be most suitable to pursue a Postgraduate Diploma in Economics:
- Individuals aspiring to get a leadership role in Multinational Companies.
- It is for graduates who want to gain a strong foundation in economic theory and practical applications.
- Ideal for those who enjoy analyzing data, working with statistics, and solving real-world economic issues.
- It suits individuals who want to understand global markets and improve their job opportunities internationally.
- The course is perfect for people aiming for careers in banking, finance, research, policy-making, or data analysis.
- It is a good option for professionals seeking to upgrade their qualifications without committing to a full master’s program.
PG Diploma in Economics Eligibility Criteria
The Eligibility Criteria for the PGD in Economics consist of:
- Bachelor’s degree in any discipline with at least 50% aggregate marks
- No uncleared backlogs or compartments at time of admission
- Some institutes require proficiency in mathematics or statistics
- May include a personal interview and/or entrance test
- Some institutes accept scores from standardized tests (CAT, XAT, GMAT, GRE)
- Work experience may be preferred for certain programs, but is not mandatory
- Each institute can have its own selection process involving tests, academic evaluation, and interviews
- Graduates from any background (commerce, engineering, science, etc.) are generally eligible
Check for similar courses like PG Diploma in Financial Management
PG Diploma in Economics Colleges
The details about well-known colleges offering a PG Diploma in Economics are given in the table below:
PG Diploma in Economics Admission Process
The PG Diploma in Economics admission process is similar in all colleges. The steps of the admission process of the PG Diploma in Economics of MSU Baroda are mentioned below:
Step 1: Register on the official website of the college using email ID and phone number.
Step 2: After logging in, fill out the admission application provided in the website with accurate details and upload signature and photo and pay the application fees of INR 700
Step 3: Upload the documents as mentioned
Step 4: Once selected, make sure to pay the fees at the respective college to confirm your admission.
Required Documents:
- Bachelor’s degree mark sheets and certificate
- Transfer/Migration certificate (if applicable)
- Identity proof (Aadhaar, PAN, etc.)
- Passport-sized photographs
- Entrance exam scorecard (if required)
Interested in handling data? Check PG Diploma in Data Science
PG Diploma in Economics Syllabus
The Syllabus of the PG Diploma in Economics might differ on the basis of the duration offered by the specific college. The PGD in Economics syllabus of Symbiosis Centre for Distance Learning is distributed in 4 semesters as given below:
PG Diploma in Economics Jobs and Salary
On completion of a Postgraduate Diploma in Economics, one can get a job in the Economics sectors with salaries as mentioned in the table below:
Looking for jobs in the banking sector? Check PG Diploma in Banking
PG Diploma in Economics FAQs
What skills will I gain from a PG Diploma in Economics?
This diploma helps you think critically and understand both micro and macroeconomics better. You’ll learn to read and interpret data, solve problems, and use statistical tools. The course teaches how to apply economic ideas to real-life situations. These skills can help you build a career in research, banking, consulting, or policy-making.
How long does a PG Diploma in Economics take to complete?
Most PG Diplomas in Economics take about 1 year if you study full-time. Some colleges offer part-time or distance programs that can last 18–24 months. The course includes classes, assignments, and usually a final project or exam. Duration may vary slightly depending on the institution.
What is the scope of a PG diploma in Economics abroad?
A PG Diploma in Economics is recognized internationally and is useful for jobs in finance, policy, and data analytics. Many students use it to qualify for further studies or to work in research and global organizations. Employers abroad often value the strong data and analytical skills taught in this program. The recognition can depend on the college and the country where you apply.
Is there demand for PG Diploma in Economics graduates?
Yes, graduates with this diploma are in demand in fields like banking, consulting, research, and policy work. Companies want people who can analyze data, predict trends, and understand economic issues. The diploma gives a good start for both beginners and mid-career professionals. Those who combine economics with data analytics or finance often find even better opportunities.
