MA Economics Program

About the Program

The Department offers a Master of Arts (M.A.) Program in Economics, which reflects new developments in the discipline. The curriculum has a strong theoretical and quantitative focus which would help and train the students in the use of computers and statistical software essential in their professional careers in academia, research institutions, government, and industry. The M.A. Program is semester-based.

A student can opt for M.A Economics subject to fulfillment of certain eligibility criteria. The objective of the program is to produce post graduates equipped with the knowledge, skills to broaden one’s understanding of markets and the economy which will give one a chance to question some of the unexamined assumptions about how society is organized and how it should be organized. It will also help improve one’s ability to make decisions and see the unseen.

Duration Program-Icon

Two years

Eligibility Program-Icon

The candidate must have passed in B.A/B.Com (Pass or Hons)/BBA with an aggregate of 50% of marks or equivalent CGPA. (5% relaxation for students belonging to SC/ST/OBC/ PWD).

Program Structure

The M.A. in Economics is a two-year fulltime Program comprising of two summer and two winter semesters. It consists of twenty courses, of which 18** are compulsory core courses and 2 are Extra-Departmental courses. (**in lieu of two compulsory papers in the 1st and 2nd semester, students can opt to write a dissertation in the 3rd and 4th Semester which carries the same credit). Every student is required to complete the Program within a span period of four years of initial admission.

The University follows a Creditbased semester system of teaching-learning and evaluation, and the total Credit of this Program is 76.

Award of Degree

Students who successfully complete the M.A Economics Program will be awarded the Master of Arts Degree by the University subject to a minimum attainment of 5.5 CGPA.

Admissions Office :
The ICFAI University, Nagaland,
6th Mile, Sovima Village, Dimapur, Nagaland - 797112

Mobile : +91 8729880506, +91 7640902799
E-mail :
Website :

Particulars MA Economics
Last date for submission of Completed Application Form August 11, 2023
Last date for payment of Admission Fee August 16, 2023

Commencement of Regular classes August 16, 2023
Payment of First Semester Fee September 12, 2023

MA Economics Program Structure
Semester I Semester II
Theory of Money Output and Employment Micro Economic Theory
Classical Political Economy Political Economy of Development
International Trade and Payments Public Finance
History of Economic Thought Capital theory
*Economics of Health and Education *Environmental Economics
Semester III Semester IV
Theories of Economic Growth Evolution of Indian Economy since Independence
Theories of Economic Development & Planning Research Methodology in Economics
Mathematical Methods for Economics Econometrics
Statistical Methods for Economics Elective
Skill Enhancing Courses (Extra Departmental)* Skill Enhancing Courses (ExtraDepartmental)*

**To be selected by the students from other streams of Postgraduate Departments

List of Electives (Any one for Semester IV):

Money and Financial Markets; Industrial Economics

Admission Modalities

The Admission Modalities are with reference to the campus-based MA (Economics) program offered by the ICFAI University at Nagaland. The medium of instruction is English.


The candidate must have in B.A / B.Com (Pass or Honours) / BBA with an aggregate of 50% of marks or equivalent CGPA. (5% relaxation for students belonging to SC/ST/OBC/ PWD)

General Note:

For the purpose of determining eligibility based on aggregate percentage of marks, the procedure used by the respective University in award of the degree will only be taken into consideration. All applicants should have completed a minimum of 15 years of formal schooling by August 01, 2023. Applicants who have completed their graduation on a one-time sitting basis or a 2-year basis are not eligible for admission to the Postgraduate Programs.

Students in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements including practical examinations/viva assignments before August 01, 2023. Such applicants will have to produce a certificate to that effect at the time of admission. The admission of such applicants will, however, remain provisional until they produce mark sheet/ transcript and a degree certificate establishing their eligibility. The last date for submitting the proof of graduation transcripts is September 01, 2023, failing which the provisional admission will automatically stand cancelled, and no fees will be refunded.

The process of admission and selection of eligible candidates

The selection of applicants into the Program is made through screening of application and interview. While evaluating students for admission, due weightage is given to their academic distinction, awards in Games & sports, Literary & cultural activities, and other extra cocurricular activities.

Original certificates and Domicile certificate should be produced for verification at the time of admission. The admission decision will be communicated after the admission process.

Special Reservation

There shall be a special provision for admission of students belonging to the State of Nagaland (Domicile) in any course of ICFAI University, Nagaland, which shall not be less than 25 (twenty-five) percent of seats in each course/discipline subject to the students meeting the minimum qualifying requirements referred to above. The fee for the Domicile students is less than that of the non-domicile students (please refer the fee chart).

Seats remaining unfilled under special reservation may be filled up by allotting the same to students belonging to Open Category.

Application Modalities


The candidates are advised to read the guidelines carefully before completing the Application Form for admission.

Application Form

  • Please make sure that you meet the eligibility criteria before filling up the form.
  • Fill the Application Form in Capital Letters.
  • Provide all the available information under appropriate sections.
  • Make sure to sign the Application Form.
  • Retain a photocopy of the completed Application form.
  • Cost of the Application material for UG Programs is Rs. 250.
  • Cost of the Application material for PG and Doctoral Programs is Rs. 350.

Applicants have to enclose self attested copies of the following certificates

  • Birth Certificate
  • Class X Admit Card, Mark Sheet and Certificate.
  • Class XII / Degree Admit Card, Mark Sheet and Certificate (as may be applicable).
  • *BA/BBA/BCA/B.Com Degree Admit Card, Marksheet and Certificate (as may be Applicable)
  • ST Certificate.
  • 3 recent Passport Size Photo.
  • Any other certificates pertaining to academic and other activities.
  • *For MA/MBA Candidates.

Fee Schedule

Admission Fee

Admission fee of Rs. 10,000 (non-refundable) is to be paid by all the selected candidates of PG immediately after the admission decision is announced. The last date for payment of admission fee is August 16, 2023 for MA (Economics) program.

Program Fee

Students must pay the program fee on the fi rst day of each semester, after which a fi ne of Rs. 20 per day will be charged. The first semester fee is to be paid on or before September 12, 2023 for MA (Economics) program.

Note: Domicile refers to Students from State of Nagaland. Non-Domicile refers to Students from States other than Nagaland.

Particulars Domicile Non Domicile
Total Program Fee 98,600 1,11,200
Examination Fee 4,000 4,000
Total Program Fee(4 Semesters) 1,02,600 1,15,200
Fee Per Semester 25,650 28,800

All Payments should be made through Bank Challan from ICICI Chumukedima Branch/Swiping machine from the University, in favor of "The ICFAI University, Nagaland - Fee Collection A/C". Details about the payment modalities, and the relevant Challan, can be obtained from the Dy. Accounts Officer.

Refund Policy

As per UGC guidelines if a student chooses to withdraw from the program of study in which he/she is enrolled, the institution concerned shall follow the following four-tier system for the refund of fees remitted by the student.

Sl. No. Percentage of Refund of Aggregate Fees Point of time when notice of withdrawal of admission is served to HEI
1 100% 15 days before the formally-notified last date of admission
2 80% Not more than 15 days after the formally-notified last date of admission
3 50% More than 15 days but less than 30 days after formally-notified last date of admission
4 0% More than 30 days after formally notified last date of admission