Remarks :
The eligibility to apply for MA Economics In IIFT Delhi is to have Bachelor's degree in any field with at least 50 per cent marks in aggregate. After filling out the application form which is available on their website iift.ac.in and it costs rupees 1600 you need to sit for an AI Proctored Entrance Exam which is approximately 1 hour. I think the admission process is quite seamless but I faced a lot of problems while filling out the application form since no proper instructions were provided regarding that other than that the entrance test was very well organized.
Course Curriculum Overview :
I decided to pursue a master's in economics since being an economics student I have always been fascinated by this subject and wanted to pursue my career in this field. There are 4 teachers teaching us 70 students but there are some guest faculty who come to teach some specific portions of the subject either from the Delhi campus or from outside. The faculty teaching us are very well versed in their subjects. In case of doubts, we can either ask them after their class or mail them. Collective doubts are addressed in the classroom itself. The overall teaching method is quite effective and efficient. We had end-term exams in January and they were moderate as some questions were based on the past year itself. I think if one has concept clarity one would be able to pass it.
Internships Opportunities :
Internships are not provided by the college itself students have to look for them on their own. Some students of my batch have interned with Niti Aayog IOCL and Nestlé. You can ask seniors for guidance or look for referrals on LinkedIn.
Placement Experience :
Placements are quite average as compared to MBA students. From 2nd-semester students become eligible to sit for the placements. Companies like CRISIL, KPMG, EY, NielsenIQ, Accenture, and American express visited our campus for the placements. The highest package offered was Rs.21 lakhs and the average is 10 lakhs. Only 25-30 students were placed out of the batch of 70 students. My plan after getting the degree would be to get a corporate job with the profile of an analyst.
Loan/ Scholarship Provisions :
Fees are on the expensive side which is rupees 1,88,253 per year without including hostel fees. The fees mentioned here are inclusive of medical insurance and library membership fees. 1st semester fees is 1,13,253 rupees , 2nd semester fees is Rupees 75,000. Similarly, the 3rd-semester fee is 1,03,253 followed by the 4th-semester fee is 75,000. Financial Assistance includes educational loans provided by various banks. Scholarships can be applied for but after 1-semester fees have been paid. As such there are very less options for scholarships provided by the institution but you can always look for government scholarships and other scholarships provided by different companies.
Campus Life :
Life at the campus is very good. We can join the placement cell or economics society. The norms of these clubs are very strict and rigid. We have an annual economics fest which includes a series of webinars/workshops on varying topics in the month of March. The infrastructure of the institute is up to date it has classrooms that are well equipped with a projector, air conditioner, wifi and furniture. Other than this annual management and cultural fest organized by MBA students is there in the month of February. All the cultural committees, placement cells and economics society are run by students themselves under the guidance of teacher mentors. Also, the library is also good and students can study there and most of the course related books and other variety of books are available there.
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