Economics

A Bachelor of Economics allows students to understand and shape the future of economics. They will learn how to break down complex issues into unanswerable questions, acquire advanced techniques for analyzing and managing information, learn how to use statistics in economics, analyse issues concerning the development and sustainability of the entire economic system, and investigate social issues such as inequality, buildings, environmental management, and destruction of natural resources.

A Bachelor of Economics allows students to understand and shape the future of economics. They will learn how to break down complex issues into unanswerable questions, acquire advanced techniques for analyzing and managing information, learn how to use statistics in economics, analyze issues concerned with the development and sustainability of the entire economic system, and investigate social issues such as inequality, buildings, environmental management, and destruction of natural resources.

Study Bachelors in Economics Abroad: Key Features

Feature	Information
Total Number of Universities	Over 400 globally
Best Countries to pursue Bachelors in Economics	USA, UK, Canada, Australia, Germany, Netherlands
Courses Available	Microeconomics, Macroeconomics, Econometrics, Financial Economics
Duration	Typically 3-4 years
Exams Required	SAT, ACT, or specific entrance tests
Annual Tuition Fees	Ranges from INR 8 lakhs to INR 30 lakhs
Average Salary per annum	INR 7 lakhs to INR 20 lakhs, varies by location
Intakes Available	Mainly September/October and January/February
Top Universities	Harvard University, University of Oxford, London School of Economics
Top Scholarships	Rhodes Scholarships, Fulbright, Chevening, Erasmus Mundus
Top Career Opportunities	Financial Analyst, Economic Consultant, Policy Advisor, Market Research Analyst

Best Bachelors in Economics Colleges in the World for Indian Students

University Name	QS World University Rankings 2024 (course)	Annual Tuition Fees (INR)
Harvard University	1	30-35 lakhs
University of Oxford	2	30-35 lakhs
London School of Economics (LSE)	3	20-25 lakhs
Massachusetts Institute of Technology (MIT)	4	30-35 lakhs
University of Chicago	5	30-35 lakhs
University of Cambridge	6	25-30 lakhs
Stanford University	7	30-35 lakhs
University of California, Berkeley	8	20-25 lakhs
University of Toronto	9	20-25 lakhs
University of Amsterdam	10	10-15 lakhs

Eligibility Requirement for Bachelors in Economics

Eligibility Criteria	Details
Educational Qualifications	High school diploma or equivalent
Minimum Score	Varies by country and university
Standardised Tests	SAT, ACT, or specific entrance tests
Language Proficiency Test	IELTS (6.5-7.0) or TOEFL (80-100) if English is not native
Immigration Requirements	Student visa varies by country
Work Experience	Not required for undergraduate programs

Top Programs in Bachelors in Economics Abroad

University Name	Programs Offered
Harvard University	Economics, Financial Economics, Econometrics
University of Oxford	Philosophy, Politics and Economics, Economics
London School of Economics (LSE)	Economics, Econometrics, Financial Economics
Massachusetts Institute of Technology (MIT)	Economics, Data Science and Economics
University of Chicago	Economics, Applied Economics, Economic Policy
University of Cambridge	Economics, Economic and Financial Policy
Stanford University	Economics, International Economics, Development Economics
University of California, Berkeley	Economics, Business Economics, Environmental Economics
University of Toronto	Economics, Financial Economics, Public Economics
University of Amsterdam	Economics, Econometrics, International and Development Economics

Career Opportunities and Salaries

Position	Average Salary (INR)	Top Employers
Financial Analyst	7 LPA - 18 LPA	Goldman Sachs, JPMorgan Chase, Morgan Stanley
Economic Consultant	10 LPA - 20 LPA	Deloitte, McKinsey & Company, BCG
Policy Advisor	8 LPA - 15 LPA	Government Agencies, Think Tanks
Market Research Analyst	6 LPA - 14 LPA	Nielsen, KPMG, Ipsos

Top Scholarships for Economics Students

Scholarship Name	Benefits
Rhodes Scholarships	Full tuition, living expenses, and travel
Fulbright Scholarships	Comprehensive funding including living costs
Chevening Scholarships	Covers tuition and living expenses
Erasmus Mundus	Full funding for tuition, living expenses, and travel
MIT Sloan Fellowships	Research grants, mentorship, and conference support

Cost of Living & Studying Bachelors in Economics Abroad

Country	Average Annual Tuition Fee Range	Estimated Annual Cost of Living
USA	INR 20-35 lakhs	INR 15-25 lakhs
UK	INR 15-30 lakhs	INR 10-20 lakhs
Canada	INR 12-25 lakhs	INR 10-15 lakhs
Australia	INR 15-30 lakhs	INR 12-20 lakhs
Germany	INR 8-20 lakhs	INR 8-12 lakhs
Ireland	INR 15-25 lakhs	INR 10-18 lakhs

Admissify offers tailored guidance throughout your application, detailed insights into universities and programs, and support with applications and scholarships. Additionally, we assist with visas, accommodation, and pre-departure preparations to ensure a smooth transition abroad.