9 Best Economics Colleges in India

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These 9 best economics colleges in india non-public trade faculties offer complete coaching, experienced faculty, and modern-day centers to empower college students of their pursuit of trade and finance careers. With a focal point on holistic improvement and academic excellence, the excellent commerce schools in India provide a nurturing surroundings wherein college students can refine their abilities.

Delhi School of Economics, University of Delhi, Delhi – 9 best economics colleges in India
Indian Statistical Institute, Kolkata – 9 best economics colleges in India
Jawaharlal Nehru University, New Delhi – 9 best economics colleges in India
Indira Gandhi Institute of Development Research, Mumbai – 9 best economics colleges in India
Madras School of Economics, Chennai – 9 best economics colleges in India
Department of Economics, University of Calcutta, Kolkata – 9 best economics colleges in India
School of Economics, University of Hyderabad, Hyderabad – 9 best economics colleges in India
Gokhale Institute of Politics and Economics, Pune – 9 best economics colleges in India
Centre for Development Studies, Thiruvananthapuram – 9 best economics colleges in India
FAQ’s

College Name	Established Year	Location	Key Highlights	Accreditation
Delhi School of Economics, University of Delhi	1967	Delhi	Renowned for its research-oriented economics programs.	NA
Indian Statistical Institute	1931	Kolkata	Known for its focus on statistical and economic research.	NA
Jawaharlal Nehru University	1969	New Delhi	Offers interdisciplinary economics programs with strong research components.	NA
Indira Gandhi Institute of Development Research	1987	Mumbai	Specializes in development economics and policy research.	NA
Madras School of Economics	1996	Chennai	Focuses on applied economics and development studies.	NA
Department of Economics, University of Calcutta	1926	Kolkata	Offers comprehensive economics programs with a strong academic reputation.	NA
School of Economics, University of Hyderabad	1974	Hyderabad	Known for its research-driven approach to economics.	NA
Gokhale Institute of Politics and Economics	1930	Pune	Offers in-depth research and teaching in economics and politics.	NA
Centre for Development Studies	1971	Thiruvananthapuram	Focuses on development studies and economic policy research.	NA

College Name	Location	Affiliation	Specialization
Delhi School of Economics, University of Delhi	Delhi	University of Delhi	Economics, Development Economics, Econometrics
Indian Statistical Institute	Kolkata	ISI Kolkata	Statistics, Economics, Econometrics
Jawaharlal Nehru University	New Delhi	JNU	Economics, International Economics
Indira Gandhi Institute of Development Research	Mumbai	Deemed University	Development Economics, Public Policy
Madras School of Economics	Chennai	Autonomous Institution	Economics, Financial Economics, Environmental Economics
Department of Economics, University of Calcutta	Kolkata	University of Calcutta	Economics, Econometrics
School of Economics, University of Hyderabad	Hyderabad	University of Hyderabad	Economics, Quantitative Economics
Gokhale Institute of Politics and Economics	Pune	Deemed University	Economics, Public Policy, Econometrics
Centre for Development Studies	Thiruvananthapuram	Jawaharlal Nehru University	Development Economics, Applied Economics

Delhi School of Economics, University of Delhi, Delhi - 9 best economics colleges in India

Delhi School of Economics, University of Delhi, Delhi is renowned for its complete instructional applications and holistic improvement method.

NIRF Ranking: 15
Course Fees: Rs 29,243 per annum
Organization Type: Public
Official Website: Delhi School of Economics Official Website

Features:

Experienced Faculty: Delhi School of Economics has a distinguished faculty made up of highly qualified scholars and industry experts, contributing to a rich academic environment and the institution’s reputation for scholarly excellence.
Comprehensive Curriculum: The curriculum is designed to promote critical thinking and interdisciplinary learning, focusing on commerce and economics. It prepares students for complex challenges in these fields.
Proven Track Record: The school has a strong history of academic excellence, producing influential professionals in commerce, economics, and related fields. Its alumni are leaders across various sectors, reflecting the institution’s significant impact.
Advanced Study Material: Students have access to advanced study materials that support rigorous academic inquiry, critical analysis, and research in commerce and economics, enhancing their overall learning experience.

Notable Alumni:

some of them are:

Amartya Sen – Economist and Nobel Laureate in Economic Sciences.

Manmohan Singh – Economist and Former Prime Minister of India.

Arun Jaitley – Lawyer and Former Finance Minister of India.

Bimal Jalan – Economist and Former Governor of the Reserve Bank of India.

Kaushik Basu – Economist and Former Chief Economist at the World Bank.

With its holistic approach to education, experienced faculty, and exceptional track record, Delhi School of Economics, University of Delhi, continues to be in 9 best economics colleges in india.

Indian Statistical Institute, Kolkata - 9 best economics colleges in India

It emphasizes values-based education and gives rigorous educational education to put together students for worldwide challenges in numerous disciplines.

NIRF Ranking: 25
Course Fees: 15520
Organization Type: Public
Official Website: Indian Statistical Institute Official Website

Features:

Comprehensive Curriculum: ISI’s curriculum is carefully designed to cover both theoretical and practical aspects of disciplines such as statistics, mathematics, computer science, and related fields, providing a well-rounded education.
Proven Track Record: ISI has a strong history of producing successful professionals who have made significant contributions in various industries and research areas, highlighting its impact and excellence.
Quality Study Material: The curriculum is supported by high-quality study materials, including textbooks, research papers, and digital resources, ensuring students have access to top-tier learning tools for effective education and academic growth.
Holistic Development: ISI emphasizes personalized attention, with approachable faculty members who offer individual guidance and support, helping students successfully navigate their academic and career paths.

Notable Alumni:

some of them are:

C. R. Rao – Statistician and Padma Vibhushan Awardee.
S. R. Srinivasa Varadhan – Mathematician and Abel Prize Winner.
Jayanta Kumar Ghosh – Statistician and Professor at Purdue University.
Sourav Chatterjee – Mathematician and Professor at Stanford University.
Anil Kumar Bhattacharyya – Statistician and Pioneer of Information Theory.

With its stellar reputation, dedicated faculty, and student-centric approach, Indian Statistical Institute (ISI), continues to set the benchmark for the 9 best economics colleges in india.

Jawaharlal Nehru University, New Delhi - 9 best economics colleges in India

Jawaharlal Nehru University (JNU), Delhi is famend for its complete educational programs and holistic development approach.

NIRF Ranking: 2
Course Fees: NR 81,780
Organization Type: Public
Official Website: Jawaharlal Nehru University

Features:

Experienced Faculty: Jawaharlal Nehru University (JNU), Delhi, features a highly qualified faculty of seasoned researchers and industry experts who create a dynamic learning environment filled with diverse perspectives and practical insights.
Comprehensive Curriculum: JNU offers an extensive curriculum that effectively combines theoretical knowledge with practical applications, ensuring students gain a well-rounded understanding of their chosen fields and are well-prepared for real-world challenges.
Personalized Attention: JNU provides tailored mentorship programs that address the unique needs, aspirations, and challenges of students, promoting their holistic development and success.
State-of-the-Art Facilities: JNU is equipped with modern classrooms, advanced laboratories, and extensive libraries, offering a conducive learning environment that supports academic excellence and innovation.

Notable Alumni:

some of them are:

Subrahmanyam Jaishankar – Diplomat and Minister of External Affairs of India.
Nirmala Sitharaman – Economist and Minister of Finance of India.
Sitaram Yechury – Politician and General Secretary of the Communist Party of India (Marxist).
Kumar Vishwas – Poet and Politician.
Abhijit Banerjee – Economist and Nobel Laureate in Economic Sciences.

With its unwavering dedication to academic excellence, Jawaharlal Nehru University, continues to be a preferred choice for students in one of the 9 best economics colleges in india.

Indira Gandhi Institute of Development Research, Mumbai - 9 best economics colleges in India

Indira Gandhi Institute of Development Research (IGIDR), Mumbai is famend for its comprehensive educational applications and holistic improvement approach.

NIRF Ranking: 25
Course Fees: 120000
Organization Type: Public
Official Website: Indira Gandhi Institute of Development

Features:

Proven Track Record: Indira Gandhi Institute of Development Research (IGIDR), Mumbai, has a strong history of academic excellence and student success. The institute consistently produces outstanding graduates who excel both nationally and internationally.
Comprehensive Study Material: IGIDR provides extensive study materials and resources to support students in their academic pursuits, ensuring they have the tools needed for in-depth learning.
State-of-the-Art Facilities: IGIDR is equipped with modern facilities, including well-furnished laboratories, advanced libraries, and contemporary lecture halls, creating an enriching learning environment for students to thrive academically.
Individual Attention: IGIDR places a strong emphasis on personalized mentorship and support, ensuring each student’s unique goals and aspirations are nurtured and addressed.

Notable Alumni:

some of them are:

Raghuram Rajan – Economist and Former Governor of the Reserve Bank of India.
Utsa Patnaik – Economist and Professor Emerita at Jawaharlal Nehru University.
Maitreesh Ghatak – Economist and Professor at the London School of Economics.
C. Rangarajan – Economist and Former Governor of the Reserve Bank of India.
Ashima Goyal – Economist and Member of the Monetary Policy Committee of the Reserve Bank of India.

With its commitment to quality education, experienced faculty, and comprehensive support system, IGIDR one of the 9 best economics colleges in india stands as a premier institution for medical studies.

Madras School of Economics, Chennai - 9 best economics colleges in India

Madras School of Economics, Chennai is famend for its comprehensive academic programs and holistic improvement method.

NIRF Ranking: 19
Course Fees: 120000
Organization Type: Private
Official Website: Madras School of Economics Official Website

Features:

Proven Track Record: Madras School of Economics has a long-standing reputation for academic excellence, consistently producing graduates who excel in various professional fields and make significant contributions to their industries.
Advanced Study Material: The institution offers high-quality study materials and resources that support rigorous academic inquiry and research across multiple disciplines, enhancing the learning experience.
State-of-the-Art Facilities: The campus is equipped with modern facilities, including advanced classrooms, well-equipped laboratories, and comprehensive libraries, providing a conducive environment for both teaching and research.
Individual Attention: Madras School of Economics prioritizes individual attention through small class sizes and accessible faculty, ensuring personalized guidance and support for each student.

Notable Alumni:

some of them are:

Bibek Debroy – Economist and Chairman of the Economic Advisory Council to the Prime Minister.
Ajit Ranade – Economist and Chief Economist at Aditya Birla Group.
Nagesh Kumar – Economist and Director at the Institute for Studies in Industrial Development.
D. Subbarao – Economist and Former Governor of the Reserve Bank of India.
M. Govinda Rao – Economist and Member of the Fourteenth Finance Commission of India.

With its holistic approach to education, experienced faculty, and exceptional track record, Madras School of Economics continues to be in 9 best economics colleges in india.

Department of Economics, University of Calcutta, Kolkata - 9 best economics colleges in India

The Department of Economics at the University of Calcutta is renowned for its complete academic packages and holistic development technique.

NIRF Ranking: 17
Course Fees: 12000
Organization Type: Public
Official Website: University of Calcutta, Department of Economics

Features:

Comprehensive Curriculum: The Department of Economics offers a well-rounded curriculum designed to align with industry demands, ensuring students receive a holistic education that prepares them for successful careers in economics.
Advanced Study Material: Students have access to advanced study materials that include industry-relevant resources, equipping them with practical knowledge and skills essential for their chosen fields.
Regular Mock Tests: The department conducts regular mock tests to monitor student progress and enhance exam preparedness, helping students improve their performance.
Doubt Clearing Sessions: Dedicated doubt-clearing sessions are organized to address student queries promptly, fostering a supportive learning environment and ensuring a strong grasp of concepts.
Excellent Results: The department consistently achieves outstanding academic results, underscoring its commitment to providing quality education and preparing students for industry success.

Notable Alumni:

some of them are:

Amartya Sen – Economist and Nobel Laureate in Economic Sciences.
Pranab Bardhan – Economist and Professor at the University of California, Berkeley.
Manmohan Singh – Economist and Former Prime Minister of India.
K. N. Raj – Economist and Founder of the Centre for Development Studies.
Ashok Mitra – Economist, Writer, and Former Finance Minister of West Bengal.

With its dedication to quality education, experienced faculty, and focus on holistic development, Department of Economics continues to be in 9 best economics colleges in india.

School of Economics, University of Hyderabad, Hyderabad - 9 best economics colleges in India

The School of Economics on the University of Hyderabad is famend for its comprehensive instructional applications and holistic development technique.

NIRF Ranking: 29
Course Fees: 120000
Organization Type: Public
Official Website: University of Hyderabad, School of Economics

Features:

Advanced Study Material: Students at the School of Economics have access to advanced study materials that enhance their academic experience. These resources help deepen their understanding across various subjects and contribute to their success in studies.
Regular Mock Tests: The school conducts regular mock tests to monitor student progress and readiness, helping them prepare effectively for exams and improve overall performance.
Doubt Clearing Sessions: The School of Economics organizes doubt-clearing sessions to promptly address student queries, ensuring clarity of concepts and creating a supportive learning environment that fosters academic success.
Excellent Results: The School of Economics at the University of Hyderabad consistently achieves outstanding academic results, highlighting its commitment to providing quality education and ensuring student success.

Notable Alumni:

some of them are:

D. M. Nachane – Economist and Former Director of Indira Gandhi Institute of Development Research.
M. S. Sriram – Professor at the Indian Institute of Management Bangalore and Banking Expert.
Surajit Mazumdar – Economist and Professor at Jawaharlal Nehru University (JNU).
S. Mahendra Dev – Economist and Director of Indira Gandhi Institute of Development Research.
E. Somanathan – Economist and Professor at the Indian Statistical Institute, Delhi.

With its dedication to quality education, experienced faculty, and focus on holistic development, The School of Economics at University is in 9 best economics colleges in india.

Gokhale Institute of Politics and Economics, Pune - 9 best economics colleges in India

Gokhale Institute of Politics and Economics, Pune is famend for its comprehensive instructional applications and holistic development method.

NIRF Ranking: 25
Course Fees: 120000
Organization Type: Private
Official Website: Gokhale Institute of Politics and Economics

Features:

Comprehensive Curriculum: The institute offers a well-rounded curriculum that covers a wide range of subjects in politics, economics, and related fields, providing students with interdisciplinary learning opportunities and a solid educational foundation.
Advanced Study Material: Gokhale Institute of Politics and Economics provides advanced study materials, including up-to-date research publications and software tools, to enhance students’ learning experiences and deepen their understanding of key topics.
Regular Mock Tests: The institute conducts regular mock tests to monitor student progress and improve their exam preparedness, ensuring a strong grasp of concepts and effective performance in assessments.
Doubt Clearing Sessions: Gokhale Institute of Politics and Economics organizes doubt-clearing sessions to promptly address student queries, fostering a supportive learning environment and promoting clarity in understanding.

Notable Alumni:

some of them are:

Dr. B. R. Ambedkar – Social Reformer and Architect of the Indian Constitution.
C. Rangarajan – Economist and Former Governor of the Reserve Bank of India.
Usha Thorat – Former Deputy Governor of the Reserve Bank of India.
Vijay Kelkar – Economist and Chairman of the Finance Commission of India.
D. Subbarao – Economist and Former Governor of the Reserve Bank of India.

with its dedication to quality education, experienced faculty, and focus on holistic development,Gokhale Institute of Politics and Economics continues to be in 9 best economics colleges in india and a frontrunner among the best colleges.

Centre for Development Studies, Thiruvananthapuram - 9 best economics colleges in India

Centre for Development Studies (CDS), Thiruvananthapuram is famend for its complete research and academic packages focusing on improvement economics and associated fields.

NIRF Ranking: 6
Course Fees: 12000
Organization Type: Public
Official Website: Centre for Development Studies Official Website

Features:

Expert Faculty: The Centre for Development Studies (CDS) is renowned for its distinguished faculty, who are experts in various fields of development studies. Their contributions to scholarly research and academic excellence significantly enrich the learning experience.
State-of-the-Art Facilities: CDS is equipped with modern research centers, well-stocked libraries, and advanced data analysis tools, providing an ideal environment for cutting-edge research and academic exploration.
Proven Track Record: CDS has a strong history of producing influential research and contributing to policy formulation at both national and international levels, making significant impacts in the field of development studies.
Holistic Development: CDS emphasizes the holistic development of its students and researchers, fostering intellectual growth, critical thinking, and practical skills, preparing them for impactful careers in academia, policy-making, and development organizations.

Notable Alumni:

some of them are:

K. N. Harilal – Economist and Member of Kerala State Planning Board.
V.K. Ramachandran – Economist and Vice Chairman of Kerala State Planning Board.
Sunil Mani – Director of the Centre for Development Studies and Economist.
S. Irudaya Rajan – Migration Expert and Demographer.
Pulapre Balakrishnan – Economist and Professor at Ashoka University.

With its stellar reputation, dedicated faculty, and student-centric approach, The Centre for Development Studies continues to set the benchmark for one of the 9 best economics colleges in india.

FAQ's

1. Which is the No 1 college of economics in India?

According to NIRF Rankings, Miranda House, Delhi is the best Economics college in India in 2024, Securing 1st Rank among all colleges in India. Best Economics Colleges in India – In India, approximately 3,158 colleges are offering Economics programs

2. Which is best for economics in India?

Delhi School of Economics, Hansraj College, St. Xavier’s College, JMI, IFMR Graduate School of Business and Christ University are the top Economics colleges in India.

3. Is economics at IIT good?

As the torch-bearer of education for technology, Indian Institute of technology (IIT) has helped in training the best brains from Indian society helping them to become the best managers in the corporate sectors.