M.S. (Quantitative Economics)
M.S. (Quantitative Economics) Fee Structure 2026
The fee structure for M.S. (Quantitative Economics) (M.S. (Quantitative Economics)) varies significantly based on the type of institution. Overall, M.S. (Quantitative Economics) fees range from ₹40,000 to ₹40,000 across listed colleges. Currently, 1 colleges in India offer M.S. (Quantitative Economics) programmes.
College-wise M.S. (Quantitative Economics) Fees
| # | College | City | Type | Total Fees | |
|---|---|---|---|---|---|
| 1 |
Indian Statistical Institute Kolkata
ISI Kolkata |
Kolkata, West Bengal | Government | ₹40,000 | Details |
M.S. (Quantitative Economics) Fee Comparison by Institution Type
M.S. QE Fee Structure - ISI vs Other Economics Programmes
ISI M.S. QE offers exceptional value - nominal fees with a monthly stipend, combined with placement outcomes that rival or exceed programmes costing 10-20x more.
ISI M.S. QE Fee Breakdown
| Fee Component | Year 1 | Year 2 | Total |
|---|---|---|---|
| Tuition & Academic Fees | ₹50,000 | ₹50,000 | ₹1,00,000 |
| Hostel & Amenities | ₹25,000 | ₹25,000 | ₹50,000 |
| Library, Lab & Other | ₹15,000 | ₹15,000 | ₹30,000 |
| Total Fees | ~₹90,000 | ~₹90,000 | ~₹1,80,000 |
| Stipend (₹8K/month × 12) | ₹96,000 | ₹96,000 | ₹1,92,000 |
| Net Cost (Fees − Stipend) | Net positive | Net positive | Net positive (~₹12,000 surplus) |
Comparison with Other Economics Master's Programmes
| Programme | Total Fees | Stipend | Avg Package |
|---|---|---|---|
| ISI M.S. QE | ~₹1.8L | ₹1.92L | ₹24 LPA |
| DSE M.A. Economics | ~₹30,000 | None | ₹12-18 LPA |
| JNU M.A. Economics | ~₹20,000 | None | ₹8-14 LPA |
| IGIDR M.Sc Economics | ~₹3-4L | Merit-based | ₹10-15 LPA |
| Ashoka M.A. Economics | ~₹8-10L | Merit scholarships | ₹10-16 LPA |
| IIT M.Sc Economics | ~₹2-3L | MCM if eligible | ₹8-12 LPA |
Cost-Effectiveness Analysis
With the stipend exceeding total fees, ISI M.S. QE has a negative net cost - students effectively earn ₹12,000 over 2 years while receiving India's best quantitative economics education. The ROI is extraordinary: zero net investment leading to average placements of ₹24 LPA. Even the cheapest alternative (JNU at ₹20K total fees) cannot match the placement outcomes, making ISI QE unmatched in terms of cost-effectiveness.
Fee Concessions
- SC/ST Students: Full tuition waiver (only nominal charges)
- PwD Students: Full tuition waiver
- Income-Based: Students with family income below ₹6 LPA eligible for fee reduction
- All Students: ₹8,000/month stipend regardless of category
Fee & Scholarship Information
- Fees shown are total programme fees and may vary by specialisation, batch, and category. Always verify current fees on the college's official website.
- Government colleges typically offer fee waivers and tuition reductions for SC/ST/OBC/EWS and PwD category students.
- Many institutions offer merit-based scholarships, education loans, and instalment payment options. Check individual college pages for details.
Frequently Asked Questions - M.S. (Quantitative Economics) Fees
MS Quantitative Economics at ISI is offered with minimal fees and fellowship support, following ISI's model of accessible elite education. The monthly fellowship covers living expenses, making the programme financially viable for all admitted students.
MS QE at ISI costs a fraction of an MBA from a top business school. While a top MBA may cost ₹15-25 Lakh, MS QE is essentially free with fellowship support. For careers in economic research, policy, and quantitative analysis, the ROI of MS QE is exceptional.
Yes, ISI provides institutional fellowships to all admitted MS QE students. This ensures that the programme's admission decisions are based entirely on merit, not financial capacity. Additional support may be available for students from disadvantaged backgrounds.