Certificate Courses for Students pursuing BA, MA Economics; Opportunities & Salary

Economic theory has advanced significantly more throughout the years. In today's world and society, economics is essential. It controls how people interact with value and concentrates on how economies function.

Economics is a branch of social science that offers various benefits and offers solutions to many societal issues. People who are interested in business and management may find that economics is a better fit for them and sign up for several offline and online certificate programs in India.

You can enroll in a variety of free online economics courses in India that lead to credentials at the graduate, postgraduate, and doctoral levels, along with different certificate programs. You can find excellent possibilities and land a lucrative job as an investment analyst, economist, data analyst, financial counselor, and more after finishing your economics degree or short-term certification in the subject.

Why are Certificate Courses Important?

In many universities, the curriculum tends to focus more on theoretical aspects rather than practical applications. Even if you engage in projects or practicals, the emphasis is often on securing good grades rather than gaining hands-on experience.

Certificate courses, available in the market, bridge this gap by enhancing your skills across various dimensions. They expand your knowledge in areas aligned with market needs, equip you with the ability to handle real-life situations, and develop your personality to thrive in the industry.

For Economic students, there exists a plethora of certificate courses that perfectly complement their studies. These courses enhance knowledge and skills in specific domains, allowing students to gain a competitive edge in their chosen field.

Here are some certificate courses that are relevant to Economic students:

1. Impact Evaluation Methods with Applications in Low and Middle-Income Countries

The only way society can guarantee economic growth is by raising the standard of living for the poor. And in order to do that, assistance is needed in a number of sectors, including microfinance, agriculture, transit, and education. With the help of the edX program Impact Evaluation Methods with Applications in Low and Middle-Income Countries, you will be given the statistical and experimental resources you need to assess the effectiveness of such initiatives.

You will learn how to plan and carry out a Randomised Control Trial, how to utilize regression analysis, and other quasi-experimental approaches to gather and assess data in the Impact Evaluation Methods with Applications course. You can then decide which laws and inventions are effective and which are not. With this knowledge, practitioners and decision-makers in international development may hasten progress and enhance the standard of living for those in need. The Standard Policy Evaluation Toolkit, which was acknowledged in the 2019 Nobel Prize in Economics, is used in the Impact Evaluation Methods with Applications Program, which is presented to you by Georgetown University.

Platform: By GU Washington via Edx

Duration: 24 Weeks

Fees: INR 11432

2. ARPIT Refresher Course in Economics

Threats to inclusive growth, prosperity, and sustainable development have arisen over the past few decades as a result of the unparalleled global change process. This ARPIT Refresher Course in Economics curriculum has been created to clarify how new initiatives may be implemented to address these problems.

Training for the ARPIT Refresher Course in Economics certification is free. An online refresher course for economics professors working in higher education institutions has been designed. This program will be treated equally to a face-to-face economics refresher course under UGC's Career Advancement Scheme (CAS), according to the Ministry of Education and UGC.

There is a rigorous curriculum for the ARPIT Refresher Course in Economics training program, as well as numerous projects and exams to gauge your understanding. When all courses are successfully completed and the final exam is passed, a certificate is also given out. 20 hours of online video lectures plus 20 hours of electronic readings, discussions, and assessments make up this 16-week course.

Platform: By SRCC Delhi via Swayam

Duration: 16 Weeks

Fees: Free

3. Basics of Macro Economics

Swayam's Basics of Macro Economics Course offers comprehensive knowledge of the economy and all of its facets. This course is a simple and excellent way to understand a variety of topics, including cash flow in international trade, the role of banks in the company, demand-supply & equilibrium in markets for goods & services, theories of foreign exchange determination, etc. It features self-paced classes and weekly assignments.

This course is an excellent approach to learn about the state of the economy in many areas, including marketing scenarios. The course covers the IS-LM Analysis, idea, and calculation of GDP as well as providing the necessary training. This course aims to assist candidates in any way it can, and it is also a terrific method to educate and learn about the terminology and workings of the economy.

Platform: By JNVU Jodhpur via Swayam

Duration: 15 Weeks

Fees: Free

4. Mathematical Economics

Swayam's Mathematical Economics course has been designed to make it simpler and easier for students to comprehend Economics through the use of mathematics. It discusses the development of different economic theories as well as their application throughout history. The participants' ability to solve problems in engineering and architecture, finance, management, policy-making, analytics, and medicine will be improved by taking this course.

To enhance the participants' learning experience, a variety of real-world examples, latest studies, and news about the global economy have been added. The logical, scientific, and critical thinking abilities needed for participants' daily economic operations will be improved by this course. They will gain a fresh perspective on logical, scientific, and critical reasoning, which will help them solve their own, other people's, and their own professional difficulties and lead them to make good decisions. They will be able to make quick, informed decisions that will save them time, effort, and money.

Platform: By Doon University, Dehradun via Swayam

Duration: 15 Weeks

Fees: Free

5. An Introduction to Microeconomics

The Indian Institute of Technology, Kanpur faculty described the introduction to microeconomics online course as a 12-week microeconomics course. It evaluates economic theories that view people as businesses and their impact on the economic structure of a nation. AICTE has approved the Faculty Development Programme (FDP) for this online course.

A thorough examination of the humanities and social sciences is part of the Introduction to Microeconomics certification program. Core economics concepts including market settings, price discrimination, cost functions, isoquants, and comparative statistics are frequently debated. For students to read and understand about the curriculum, the instructors provide online and book resources.

Platform: By IIT Kanpur via Swayam

Duration: 12 Weeks

Fees: Free

Career Opportunities in Economics

After finishing economics courses in person or online, a variety of job prospects in many sectors are open to you. Both organizations in the public and private sectors are hiring. You can work for banks, financial services and consulting companies, academic institutions, planning commissions, research facilities, the World Bank, the RBI, and multinational corporations. You can pursue careers in journalism and sales and marketing after completing your economics coursework and certificate program.

Top job titles you can explore after economics courses:

• Investment Analyst
• Financial Planner
• Economist
• Financial Risk Analyst
• Accountant
• Researcher

Top Recruiters for Economics Professionals

All highly regarded businesses with a global presence also offer work to economists in India. Additionally, according to an estimate, employment would rise at a staggering 6% annual rate until 2024, which is fast-paced when compared to other professions. The number of openings is expected to rise by more than 1400 per year.

Following are some examples of businesses that hire graduates who took economics courses and then graduated:

• RBI and all other National, Cooperative Banks
• World Bank Asian Development Bank IMF
• Accenture
• Wipro
• Genpact
• Honeywell
• Aditya Birla Group

Salary Expected Following Economics Courses

The field of economics is in high demand and offers a variety of career options and financial rewards. Following completion of economics certification courses, applicants may be able to obtain an appealing wage with ongoing employment growth depending on their qualifications, job profiles, talents, and experience. A candidate with a B.A. in economics may expect to make an average pay of Rs. 612,949 per year, according to PayScale. The individual can anticipate earning an average of Rs. 626,138 per year with more studies in this area or an M.A. in economics.