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PCM streamEntrance: CUET UGPhysical sciences & maths

Econometrician

Econometricians use statistics and maths to test economic ideas and forecast things like inflation, growth, prices and demand.

Class 11–12 subjectsPhysics, Chemistry, Maths
Entrance / admissionCUET UG / Class 12 marks
DegreeB.Sc Economics / Statistics + M.A. / M.S. Economics
Duration5 years3 + 2

Your route, step by step

  1. 1Class 11–12: take PCMMaths and statistics are the base; reading about economics in the news helps.
  2. 2Choose a degreeB.Sc Economics, Statistics or Maths (Class 12 marks / CUET UG), or B.Stat at ISI.
  3. 3Master’s in economics or quantitative economicse.g. Madras School of Economics, or ISI’s M.S. in Quantitative Economics.
  4. 4Work or researchAnalyst roles, Indian Economic Service through UPSC, or PhD.

What an econometrician does

  • Build statistical models of the economy
  • Forecast prices, demand and growth
  • Evaluate government policies with data
  • Advise banks, firms and governments

Entrance exams & admission

  • CUET UGB.Sc at central universities
  • Class 12 marksB.Sc in most Tamil Nadu arts & science colleges
  • ISI admission testB.Stat / M.S. (QE)
  • UPSC IESIndian Economic Service, after PG

Where you may work

Reserve Bank and other regulators, research institutes, banks, consulting, policy think-tanks and universities.

Well-known colleges in and near Tamil Nadu

  • Madras School of Economics
  • Indian Statistical Institute

Outlook

Data-driven policy and finance need people who combine economics with statistics.

Specialise later

  • Macroeconomic forecasting
  • Financial econometrics
  • Policy evaluation
  • Labour economics
  • Development economics