IIT Roorkee MSc Economics Admission Details

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IIT Roorkee MSc Economics Program Overview

IIT Roorkee MSc Economics program is a great choice if you want a career that requires strong analytical skills and in-depth knowledge of economics. It will expose you to current economic policy issues both nationally and internationally. What makes the MSc in Economics at IIT Roorke unique is that it teaches you how to use economic principles and theories, giving you a solid understanding of the technical aspects behind them. This knowledge will help you apply, modify, test, and adjust these economic ideas to fit the ever-changing economic landscape.

IIT Roorkee MSc Economics 2026 Application Process Explained

** Apply through IIT JAM 2026 Website: **: All candidates must register for IIT JAM 2026 entrance test for admission to the MSc Economics programme.
**Entrance Exam : ** Admission to the M.Sc. Economics program is determined through a competitive entrance examination, primarily the IIT JAM. Selection is strictly merit-based, considering the candidate’s score in the JAM Economics paper

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Course Fees, Seats and Hostel Facility

Seats Available: IIT Roorkee's M.Sc. Economics programme has a total of 30 seats. These seats are filled through the JAM examination.
** Course Fees:** The semester fee for new M.Sc. postgraduate students at IIT Roorkee (general / OBC category) is ₹15,000 plus additional “other charges”. This is for each semester.
** Hostel Facilities:** Hostel fee (seat rent, utilities, etc.) for hostellers in IIT Roorkee is approx ₹8,000 per semester. This excludes mess establishment charges and basic services.

Eligibilty for IIT Roorkee MSc in Economics

** Mathematics Requirement:** Prerequisite knowledge of mathematics at 10+2 or higher level is not mendatory..
** Qualifying Degree:** Bachelor’s degree (B.A./B.Sc./B.Com /B.Stat./B.Math./ B.Tech/B.E. or equivalent) with GPA of 5.5 for General/OBC/EWS (5.0 for SC/ST/PwD) on a 10 point scale or equivalent or 55% marks (50% for SC/ST/ PwD) in aggregate without rounding-off (of all the years/semesters of the qualifying degree, taking into account all subjects including languages and subsidiaries, all years combined).
** Provisional Admission: **Admission is provisional until the submission of final official mark sheets of the qualifying degree.

IIT Roorkee MSc Economics 2026 through IIT JAM– Application Fee & Important Dates

Details	Information
Female/SC/ST/PwD Candidates (per test paper)	₹1,000/-
All Other Candidates Including Foreign Nationals (per test paper)	₹2,000/-
Commencement of Application Process	5th September 2025
Last Date to Apply	12th October 2025
Entrance Exam Dates	15th February 2026
Result Declaration	20th March 2026

https://youtu.be/yy0G92il0Po?si=COYMJ0b6Aw9lzhyv

MSc Economics Entrance Exam for IIT Roorkee

Admission Process for IIT Roorkee MSc in Economics

** Application Form Submission: ** Register through the official IIT JAM 2026 website and complete the application form.
Entrance Exam: Appear for the IIT JAM Economics exam on the scheduled date.
** JOAPS PORTAL: ** After the IIT JAM 2026 results are announced, candidates must register on the JOAPS portal for counselling. Seat allotment will be based on your JAM score, institute-specific cut-offs, and your eligibility criteria.

IIT Roorkee MSc Economics Exam Syllabus: What to Study?

**Exam Syllabus Level: ** Based on undergraduate-level Economics curriculum.
**Core Subjects: ** Includes Microeconomics, Macroeconomics, International Economics, and Public Finance.
** Quantitative Focus:** Covers Basic Mathematics and Statistics relevant to Economics.
** IIT JAM Economics detailed syllabus ahead - don't miss the key topics, scroll down to explore!**

IIT Roorkee MSc Economics Paper Pattern & Marking Scheme

Particulars	Details
Mode of Examination	Computer Based Test (CBT)
Language of Examination	English
Exam Duration	3 Hours
Sections	General Aptitude (15 marks) + Subject-Specific Questions (85 marks)
Total Marks	100 marks
Type of Questions	(a) Multiple Choice Questions (MCQ) (b) Multiple Select Questions (MSQ) (c) Numerical Answer Type (NAT)
Marking Scheme	Questions carry 1 or 2 marks each
Negative Marking	- For 1-mark MCQ: ⅓ mark deducted for wrong answers - For 2-mark MCQ: ⅔ mark deducted - No negative marking for MSQ or NAT questions
Partial Marking	Not applicable for MSQ

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Placements after IIT Roorkee MSc Economics

Packages

Placements for the M.Sc. Economics programme at IIT Roorkee have been consistently strong in recent years, with average packages of around ₹14 LPA and a placement rate that often crosses 90% of the batch. While packages vary depending on the sector, students entering finance and consulting tend to secure the highest offers, whereas those opting for development or research roles receive moderate but stable compensation.

Roles Offered

The roles offered are equally diverse. Graduates often work as economic advisors, policy analysts, and research associates, while others take up corporate roles such as financial analysts, data analysts, and risk consultants. Consulting companies hire them as business and strategy analysts, and several graduates also pursue Ph.D. opportunities at leading international universities.

Job Recruitment

Recruiters span a wide spectrum, which reflects the versatility of the programme. In the financial sector, leading names such as the Reserve Bank of India, HSBC, ICICI Bank, American Express, and Fidelity Investments regularly visit. In consulting and research, firms like Deloitte, PwC, EY, Crisil Research, and NCAER are prominent. The programme also opens doors to government and policy roles with organisations such as NITI Aayog and the Ministry of Finance, while international agencies like the World Bank, IMF, OECD, and Asian Development Bank provide opportunities at the global level. Additionally, development-focused institutions including NABARD, NGOs, and MFIs also recruit from this programme.

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IIT JAM Economics Syllabus

EduSure provides the complete IIT JAM Economics entrance syllabus and offers advice for preparing for the IIT JAM Economics entrance exam. Enroll today to gain access to previous year question papers and expert guidance.

Micro Economics

Consumer Theory – Preferences, utility, representation theorem, budget constraint, choice, ordinary & compensated demand, Slutsky equation, revealed preference axioms
Theory of Production & Cost – Production technology, isoquants, single & multiple input production functions, returns to scale, short-run & long-run costs, cost curves
General Equilibrium & Welfare – Equilibrium and efficiency in pure exchange & production, welfare economics, theorems of welfare economics
Market Structure – Perfect competition, monopoly, pricing with market power, price discrimination (first, second & third degree), monopolistic competition, oligopoly
Game Theory – Strategic form games, iterated elimination of dominated strategies, Nash equilibrium, mixed strategies, Cournot & Bertrand duopolies, Prisoner’s dilemma
Public Goods & Market Failure – Externalities, public goods, asymmetric information, adverse selection, moral hazard

Macro Economics

National Income Accounting – Structure, key concepts, measurements, circular flow of income (closed & open economy), money, fiscal & foreign sector variables
Behavioural & Technological Functions – Consumption functions (absolute income, life-cycle, permanent income, random walk), investment functions (Keynesian), money demand & supply, production function
Business Cycles – Closed Economy – Facts & features, Classical & Keynesian models, Keynesian cross model, multiplier, IS-LM model, Hicks’ synthesis, role of monetary & fiscal policies
Business Cycles – Open Economy – Mundell-Fleming model, Keynesian flexible price model (AD-AS), monetary & fiscal policy roles
Inflation & Unemployment – Theories, measurement, causes, effects of inflation; types, measurement, causes, effects of unemployment
Growth Models – Harrod-Domar, Solow, Neo-classical growth (AK model, Romer model, Schumpeterian growth model)

Statistics for Economics

Probability Theory – Sample space, events, probability axioms, conditional probability & Bayes’ rule, independence, random variables & distributions, expectation, variance, higher-order moments, functions of random variables, discrete & continuous distributions, joint distributions, mean, variance, covariance & correlation
Mathematical Statistics – Random sampling & types, point & interval estimation, methods of moments & maximum likelihood estimation (MLE), properties of estimators, sampling distributions, confidence intervals, central limit theorem, law of large numbers
Hypothesis Testing – Test statistics distribution, tests for population parameters, Type I & II errors, power of a test, two-sample parameter comparison tests
Correlation & Regression – Types of correlation, regression basics, Ordinary Least Squares (OLS) method, CLRM assumptions, OLS properties, goodness-of-fit, variance & covariance of OLS estimators

Indian Economy

Indian Economy Before 1950 – Transfer of tribute, deindustrialization and its impact on India’s economy
Planning & Development – Planning models, agriculture–industry growth linkages, challenges in Indian planning
Post-1991 Reforms – 1991 Balance of Payments crisis, key economic reforms, trade liberalization, foreign investment reforms
Banking, Finance & Policies – Banking structure, CRR & SLR, financial sector reforms, fiscal & monetary policy, savings & investment trends
Social Development & Inequality – Achievements in health, education, social sectors; inter-state disparities in human development
Poverty in India – Poverty estimation methods, challenges & debates in measurement
Labour Market – Unemployment trends, labour force participation rates

Mathematics for Economics

Preliminaries & Functions – Set theory, number theory, quadratic, polynomial, exponential, logarithmic functions, multivariable functions, graphs, convexity & concavity, sequences & series (convergence & applications), complex numbers, De Moivre’s theorem
Differential Calculus – Limits, continuity, differentiability, mean value theorems, Taylor’s theorem, partial derivatives, gradient, chain rule, higher-order derivatives, implicit function theorem, homogeneous & homothetic functions
Integral Calculus – Definite & indefinite integrals, fundamental theorems, applications in economics
Differential & Difference Equations – First-order difference & differential equations with economic applications
Linear Algebra – Matrices, linear equations, independence & dependence, rank, determinants, eigenvalues & eigenvectors, symmetric matrices, quadratic forms & definiteness
Optimization – Local & global optima, multivariate optimization, constrained optimization (Lagrange multipliers), second-order conditions, envelope theorem, linear programming (graphical & matrix methods), duality & economic interpretation

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Symbiosis School of Economics (SSE)

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Loyola College

And More!

Other MA/MSc Economics Colleges

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Frequently Asked Questions (FAQs)

Who can Apply for IIT Roorkee MSc in Economics 2026?

You are eligible to apply if you have a Bachelor’s degree (B.A./B.Sc./B.Com /B.Stat./B.Math./ B.Tech/B.E. or equivalent) with a CGPA of 5.5 for General/OBC/EWS (5.0 for SC/ST/PwD) on a 10 point scale or equivalent or 55% marks (50% for SC/ST/ PwD) in aggregate without rounding-off (of all the years/semesters of the qualifying degree, taking into account all subjects including languages and subsidiaries).

Please check JAM brochure for detail updated information.

Is there any age limit to appear for JAM 2026?

There is NO age limit to appear for JAM 2026.

Are there any restrictions on the number of times one can appear for JAM?

NO. One can appear for the JAM examination any number of times.

I am in the last semester/year of my undergraduate program and my final GPA is not available. Can I appear in the entrance exam?

Candidates in the final year of their qualifying programmes, who expect to complete all their qualifying degree requirements before the third week of July (or as advertised in the information brochure for the relevant admission year) are eligible to apply for admission. However, their admission would be provisional, subject to their meeting the minimum eligibility criteria after their final qualifying examination results are announced.

I am a foreign national. Am I eligible to apply for JAM 2026?

YES. JAM 2026 is open to foreign nationals.

Where can I get a sample question paper for the entrance test?

EduSure provides mock test/sample question paper/old question papers.

What funding, financial aid, or assistance is available?

IIT Delhi has attractive Merit-cum-Means scholarship of Rs. 1,000/- per month. Tuition fee waiver is permissible for M.Sc. students to the extent of 25% of the sanctioned strength as per Institute rules. Only students whose parents’ gross income is up to 4.5 lac per annum are eligible to apply or as per govt. orders as applicable.For updated information, please check PG admission information brochure available on the IIT Delhi main website.

If selected, can I defer my admission by one year?

No, you cannot.

I have a bachelor’s degree in non-economics discipline. Am I eligible to apply?

Yes, you are eligible provided you meet other eligibility requirements.