Economic Sciences

Indian Institute of Technology Kanpur

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Future career prospects:

The economics alumni have done extremely well in all aspects including higher studies, corporate placements and government jobs.

Higher studies

Many economics students have secured fully funded Ph.D. positions in some of the most prestigious universities/institutions across the world. A partial list of names include University of Michigan Ann Arbor, Cornell University, University of California San Diego, University of California Irvine, University of Wisconsin-Madison, University of Toronto, Tilburg University and University of Illinois at Urbana Champaign.

A far higher number of economics students have gone on to pursue Masters' degree in places like MIT Sloan School of Management, Booth School of Business, Yale University, University of Columbia, London School of Economics, London Business School, Washington University and Barcelona Graduate School of Economics.

Economics students have also been awarded summer research fellowships through several prestigious programs including MITACS, DAAD-WISE, University of Queensland Research Program and Indian Academy of Sciences. Besides, students have also been offered academic internships during their undergraduate curriculum in universities like ETH Zurich, Technion – Israel Institute of Technology, Virginia Tech, University of Milano, Michigan State University, University of Erlangen-Nuremberg, IIM Bangalore, and Indian School of Business.

Job opportunities in Private Sector

Students studying economics primarily get placed in Analytics, Consultancy, Finance and Coding. Many of our alumni are currently working in renowned investment banking firms, consultancy services and analytics companies. A sector wise distribution of students in the 2022 placement season is depicted in the pie-chart below.

In recent years, recruiters have included American Express, Edelweiss Financial Services Limited, FN Mathlogic Consulting Services Pvt. Ltd, Goldman Sachs, Groww India, ICICI Bank, InMobi, Mastercard, Vmock India Pvt. Ltd, Walmart Global Tech India, Wells Fargo International Solutions Pvt. Ltd,Wipro, WorldQuant Research India Pvt. Ltd, Zomato Ltd, JPMorgan Chase & Co., EXL Service, Alphonso Labs Pvt. Ltd and PwC DIAC.

Especially in the analytics sector, economics students have an edge over other departments because they learn the skills needed to clear the tests and interviews along with their courses.

An alumnus of economics is working at the International Monetary Fund (IMF) and another as a Research Assistant at Massachusetts Institute of Technology. Moreover, a few of economics graduates are currently working in renowned research labs such as J-PAL (MIT research lab) and Institute for Financial Management and Research (IFMR).

Government Jobs and Civil Services

Without any iota of doubt, having an economics background definitely gives an edge for some Civil Services Examination. For instance, the Indian Economic Service (IES) conducted by the Union Public Service Commission (UPSC) is an excellent choice for economics enthusiasts. Students also take the Indian Civil Services Examination opting for Economics as one of the subjects. An alumna of Economics, Tejasvi Rana, secured All India Rank 12 in the Civil Services Examination 2016. Adding to the achievements, one of our alumni is currently Deputy Director at Ministry of Finance, Government of India.