St. Xavier’s College, Mumbai.

(Empowered Autonomous Institution)

M.A. in Applied Economics

Admissions for Academic Year 2024-25

About the programme:

The Department of Economics introduced 2 years Full-time M.A. Economics Program w.e.f.
academic year June 2022. The introduction of the Full-time M.A. Economics Program is a significant
step, especially considering the changes brought about by the Covid pandemic and advancements in
AI technology. The focus on applied economics is particularly relevant given the dynamic nature of
markets and the increasing reliance on data-driven decision-making. This is an evening course, run
by St. Xavier's College (Empowered Autonomous Institute), Mumbai where the degree will be
awarded by the University of Mumbai.
It's commendable that the course is designed by industry professionals, ensuring that students gain
practical insights into market dynamics. The involvement of experienced academicians and industry
specialists further enriches the learning experience, providing students with a comprehensive
understanding of both theoretical concepts and real-world applications.
The emphasis on incorporating mathematical and statistical analysis is crucial in today's data-driven
economy, equipping students with the quantitative skills necessary to navigate complex economic
scenarios.
The collaboration with national and international universities and colleges for Faculty-student
Exchange Programs offers students valuable opportunities for cross-cultural learning and exposure
to diverse perspectives in economics.
The internship opportunities with prestigious institutions such as the Centre for WTO Studies, RBI,
World Bank, and government offices provide students with hands-on experience and valuable
networking opportunities.
Moreover, the high placement rate in banking, MNCs, and the government sector underscores the
practical relevance and demand for graduates with a strong background in economics.
Overall, the M.A. in Applied Economics program seems well-rounded and tailored to prepare
students for success in both academia and the professional world.

Course Objectives:

The outlined objectives of the M.A. in Applied Economics program demonstrate a comprehensive
approach to preparing students for the complexities of economic development and policy-making in
diverse contexts. Here's how each objective aligns with the program's goals:

➢ Applying Fundamentals of Economics in Strategic Planning for Economic Development

➢ Understanding Upcoming Challenges in Energy, Environment, Infrastructure, and Behavioral
Economics
➢ Differentiating Urban City Development Strategy (Smart City) and Rural Village Development
Strategy (Smart Village)
➢ Understanding the Economics of Financing Development and its Challenges
➢ Training in Economics of Housing and Infrastructure in Urban and Rural Settings, Locally and
Globally
➢ Practical Application of Economics Theories in Public and Private Sectors for Policy Design and
Implementation

Highlights of the course

The entire course structure is unique and every course is designed by the subject experts of the
respective field.
All the courses will be taught by the highly experienced academicians, professionals, and industry
experts of the respective fields.
The course is a perfect blend of classroom lectures and online lectures, computer lab training of
research software, field work, research and internship programs.
This is a 2 years Full time Master’s program affiliated with the University of Mumbai.

*Fees (Subject for Revision)

MA Part 1 (Semesters I and II) - Rs. 1,25,000/- (Rupees One Lakh and Twenty-Five Thousand only)
MA Part 2 (Semesters III and IV) - Rs. 1,15,000/- (Rupees One Lakh and Fifteen Thousand only)
Course Outline:

SEMESTER I
Category Course Code Course Title Credits
Core 1 PAECO6001CR1 Microeconomics 4
Core 2 PAECO6002CR1 Macroeconomics 4
Core 3 PAECO6003CR1 Mathematical Economics 4
Elective 1 PAECO6001EL1 Financial Economics 4
Elective 2 PAECO6002EL1 Basic Econometrics 4
RM PAECO6001RM1 Research Methodology 4
FP PAECO600FP1 Field Project 2
Total Credits 22

SEMESTER II
Category Course Code Course Title Credits
Core 1 PAECO6004CR1 Public Economics 4
Core 2 PAECO6005CR1 Development Economics 4
Core 3 PAECO6006CR1 Economic & Market Analyses 4
Elective 1 PAECO6003EL1 Understanding Geopolitics in 4
the Contemporary World
Elective 2 PAECO6004EL1 Advanced Econometrics 4
OJT PAECO6001OJ1 On Job Training 6
Total Credits 22
SEMESTER III
Category Course Code Course Title Credits
Core 1 PAECO6007CR1 Economics of Urbanization 4
Core 2 PAECO6008CR1 International Economics 4
Core 3 PAECO6009CR1 Economics of Financing the 4
Development
Elective 1 PAECO6005EL1 Behavioural Economics 4
Elective 2 PAECO6006EL1 Health Economics 4
RP PAECO6001RP1 Research Project 6
(Dissertation)
Total Credits 22

SEMESTER IV
Category Course Code Course Title Credits
Core 1 PAECO6010CR1 Economics of Housing 4
Core 2 PAECO6011CR1 Energy Economics 4
Core 3 PAECO6012CR1 Environment Economics 4
Elective 1 PAECO6007EL1 Infrastructure Economics 4
Elective 2 PAECO6008EL1 Game Theory 4
RP PAECO6001RP2 Research Project 6
(Dissertation)
Total Credits 22
Further details about syllabi may be obtained from the college website:
https://xaviers.ac/academics/syllabus. Queries about the M.A. in Applied Economics
Programme and admissions may be directed to [email protected]. For faculty details:
https://sites.google.com/xaviers.edu/economics/faculty

Eligibility:

Applications are now invited to the M.A. in Applied Economics Programme for the
academic year 2024-25 from those who have graduation degree in any stream with a fair
knowledge of economics, mathematics, statistics and finance.

*The subject of Economics should have been studied as Major or Minor paper
during Under Graduation.

Those who do notmeet this eligibility criterion may not be considered further during
the selection process, even if the application processing fee has been paid. There will be no
refund of the fee.

Admission will be merit-based, and Semester V marks will be considered for the same.
However, admission granted will be provisional, and will be subject to the applicant
successfully qualifying the B.A. /B.Sc. /B.COM. /B.E. /B.M.S. or any other similar degree and
fulfilling the eligibility criteria as per University of Mumbai rules. Marks & relevant documents
will be verified at the time of admission. On admission to the course the original consolidated
or third year mark sheet(s) must be submitted to the college office.

Please go through the application procedure and selection criteria outlined in this
document prior to filling the online form.

Application procedure:

● Candidates can apply online by logging on to www.xaviers.ac. Click on the

appropriate link to fill the online application form.
● The online application portal will be open from 9 am (IST) on 06th May 2024 to 6 pm
(IST) on 2nd June 2024.
● The instructions given on the form must be followed for filling the same.
● In case the candidate is applying for a seat under minority/special category/Student with
Disability (SWD), it is mandatory to upload a clear and legible scanned copy of proof,
e.g., Baptism certificate for Christian minority, or the relevant document for special
category and SWD.
● All the subjects and the corresponding marks must be entered in the online application
form. Best of 4 or 5 subjects will not be accepted.
● All applicants are mandatory required to enter the marks of Semester V. No GPA will
be entertained.
 ● Candidates are required to make an online payment through the provided payment
portal only. The fee for online application for M.A. in Applied Economics Programme is Rs.
1500/-
Once a payment has been officially received, the candidate will receive a confirmation
email, informing him/her about the same.
● Note that the application procedure is entirely online and no in-person forms ofany sort
will be accepted.
● The college takes no responsibility for corrections or any other processing in case of
details entered incorrectly. You will have to apply afresh with the correct details. No
queries in this regard will be entertained.
● The last date for receipt of the application form is 2nd June 2024 (6.00 pm). Any
application received after this date will not be accepted.
● Application fees are non-refundable.
● In case you belong to the Economically Weaker Section (EWS) as defined by the
Government of India and you desire to apply for a concession in the application fee for
the programme then please apply with all requisite documents to the Rector, The
Bombay St. Xavier’s College Society at [email protected]

Number of seats: 60 students per year

Allocation of seats:

St. Xavier’s College is a Christian Minority College, administered under the Provisions
of the Indian Constitution. As per the Judgement dated 12th October 2017of the Honorable
Bombay High Court vide Writ Petition No.1726 of 2001, Minority Colleges do not need to set
aside seats for Backward Classes. This was reiterated by the University of Mumbai Circular
(No. Aff. / Recog.I / Admission (2018-19) / 10 / of 2018) dated 30th May 2018. Accordingly,
the allocation of seats is as follows:

Category Percentage of Seats Number of seats out of 60

reserved
Management Quota 15% 9

Christian Minority 50% 25

General 42% 21

Persons with disability 5% 3

Special** 3% 2

Total Seats 60
** The Special category is for the wards of transferred State / Central Government and Private
Sector employees, Defense Personnel, Ex-Servicemen, Freedom Fighters; for students who
have met with an accident and for award winners at the District / State / National Level in
Sports or Cultural activities.

# Seats for international students are supernumerary. Applications for those seatsmust be done
through the University of Mumbai website (www.mu.ac.in), or you canapply directly through
mu.admissiondesk.org. Please email and inform us if you areapplying in the international
student category. Students that fall under this categoryinclude - Foreign students (FR/FS),
Persons of Indian origin (PIO), Overseas Citizens of India (OCI), SAARC students having a
passport other than an Indian Passport, Non-Resident Indians (NRI). Students who have done their
undergraduate degrees abroadalso fall into this category. If you are unsure, please contact us.

Selection criteria:

● Applications will be sorted on the basis of the criteria listed in the table below.

Criteria Mandatory Weightage Requisite document/s

Marks in Economics Mandatory 60% Mark sheets of all Five semesters

Marks in other courses Mandatory 20% Mark sheets of all Five semesters

Co-curricular and Mandatory 20% Certificates duly signed by the

extra-curricular authority of the concerned institute/
achievement/ company (make single pdf all
internships/ on job
inclusive)
training/ start up
any other

Merit list:
● The category-wise merit list and the dates of admission for all those who qualify for
admission as per the criteria mentioned above, will be announced through the college
website. Candidates are advised to check the same.
● The merit lists are time-bound as will be mentioned in the admission notificationon the
college website.
● If a candidate in the first merit list fails to complete the admission process within the
stipulated date and time as mentioned in the notification, their candidature stands
lapsed. The candidates in the second and subsequent merit lists will subsequently be
offered admission.
● Candidates who accept the offer of admission shall pay the necessary fees (asdisplayed
on the college website or college notice board).
● Maximum fees for the programme is Rs. 1,25,000/- per year. This does not include the
admission processing fee.

Lecture Timings:
● 5.30 p.m. to 8.30 p.m. (Monday to Saturday)

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