Placement Statistics Overview
The Economics program at The Institute Of Chartered Financial Analysts Of India University Aizawl maintains consistently high placement rates, reflecting the strong demand for our graduates in various sectors of the economy. Our placement success is a testament to the quality of education and training provided by our faculty and the relevance of our curriculum to industry needs.
Historical Placement Data
Year | Highest Package (INR) | Average Package (INR) | Median Package (INR) | Placement Percentage | PPOs Received |
---|---|---|---|---|---|
2020 | 750000 | 420000 | 400000 | 90.0 | 18 |
2021 | 700000 | 450000 | 420000 | 92.0 | 22 |
2022 | 650000 | 480000 | 450000 | 91.0 | 25 |
2023 | 600000 | 500000 | 480000 | 93.0 | 28 |
2024 | 550000 | 520000 | 500000 | 92.0 | 30 |
Top Recruiting Companies
The Economics program attracts recruitment from leading organizations across multiple sectors, including financial services, consulting, technology, government agencies, and international organizations.
- Goldman Sachs: Offers positions in quantitative analysis, risk management, investment banking, and market research for economics graduates.
- JPMorgan Chase: Provides opportunities in financial modeling, economic analysis, and corporate finance roles.
- Morgan Stanley: Recruits economics graduates for roles in investment management, trading, and financial research.
- World Bank: Offers positions in economic research, policy analysis, and development projects.
- International Monetary Fund: Provides opportunities in macroeconomic analysis, financial stability assessments, and policy recommendations.
- Reserve Bank of India: Recruits for roles in monetary policy analysis, financial regulation, and economic research.
- Google: Offers positions in data analytics, product strategy, and economic modeling.
- Microsoft: Provides opportunities in market research, business intelligence, and economic analysis.
- Amazon: Recruits for roles in supply chain optimization, pricing strategy, and customer behavior analysis.
- Meta (Facebook): Offers positions in data analytics, user behavior research, and platform economics.
- McKinsey & Company: Provides opportunities in management consulting, economic analysis, and policy research.
- Boston Consulting Group: Recruits for roles in strategy consulting, economic modeling, and market analysis.
- Deloitte: Offers positions in financial consulting, economic analysis, and risk assessment.
- PwC: Provides opportunities in economic research, financial analysis, and regulatory compliance.
- Stanford University: Attracts economics graduates for postgraduate studies and research opportunities.
- Massachusetts Institute of Technology: Recruits top-performing economics students for advanced academic programs.
- Carnegie Mellon University: Offers graduate opportunities in data analytics and economic modeling.
- London School of Economics: Provides opportunities for economics graduates to pursue international academic careers.
- Harvard University: Recruits exceptional students for advanced research and academic positions.
- Asian Development Bank: Offers roles in economic research, policy analysis, and development projects.
Sector-wise Analysis
The economics graduates from our program find employment across diverse sectors, with varying salary packages and career growth opportunities.
IT/Software Sector
The IT/Software sector has emerged as a significant employer of economics graduates, particularly those with strong analytical and data skills. Companies such as Google, Microsoft, Amazon, and Meta recruit our graduates for roles in data analytics, product strategy, user behavior research, and platform economics.
These positions typically offer competitive salary packages ranging from 500000 to 1200000 INR per annum, with additional benefits including stock options, performance bonuses, and professional development opportunities. The sector's demand for economists with data analysis skills continues to grow as companies seek to understand customer behavior, optimize pricing strategies, and develop algorithmic approaches to complex business challenges.
Core Engineering Sector
In the core engineering sector, our economics graduates find opportunities in consulting firms and government agencies that require economic analysis and policy expertise. Companies like McKinsey & Company, Boston Consulting Group, Deloitte, and PwC recruit our graduates for roles in strategy consulting, economic modeling, and market analysis.
These positions typically offer salary packages ranging from 450000 to 1000000 INR per annum, with opportunities for rapid career advancement. The sector's demand for economists with analytical skills is particularly high as companies seek to understand market dynamics, assess risks, and develop strategic plans.
Finance Sector
The finance sector remains one of the most attractive employment destinations for economics graduates, with leading financial institutions offering competitive packages and career growth opportunities. Banks such as Goldman Sachs, JPMorgan Chase, Morgan Stanley, and investment banks recruit our graduates for roles in quantitative analysis, risk management, and financial research.
These positions typically offer salary packages ranging from 600000 to 1500000 INR per annum, with additional benefits including performance bonuses, stock options, and professional development opportunities. The sector's demand for economists with quantitative skills is particularly high as companies seek to understand market trends, assess risks, and develop algorithmic approaches to complex financial challenges.
Consulting Sector
The consulting sector offers excellent career prospects for economics graduates, with firms such as McKinsey & Company, Boston Consulting Group, Deloitte, and PwC providing opportunities in strategy consulting, economic analysis, and policy research.
These positions typically offer salary packages ranging from 500000 to 1200000 INR per annum, with additional benefits including performance bonuses, professional development opportunities, and global exposure. The sector's demand for economists with analytical skills is particularly high as companies seek to understand complex business challenges and develop evidence-based solutions.
Analytics Sector
The analytics sector has become increasingly important for economics graduates, with companies seeking professionals who can analyze large datasets and extract meaningful insights. Organizations such as Google, Microsoft, Amazon, and Meta recruit our graduates for roles in data analytics, business intelligence, and economic modeling.
These positions typically offer salary packages ranging from 500000 to 1300000 INR per annum, with additional benefits including stock options, performance bonuses, and professional development opportunities. The sector's demand for economists with data analysis skills continues to grow as companies seek to understand customer behavior, optimize pricing strategies, and develop algorithmic approaches to complex business challenges.
PSUs Sector
The public sector provides attractive career opportunities for economics graduates, particularly in government agencies and public sector undertakings that require economic analysis and policy expertise. Organizations such as the Reserve Bank of India, Ministry of Finance, Planning Commission, and various state government departments recruit our graduates for roles in economic planning, fiscal policy, monetary policy, and regulatory affairs.
These positions typically offer stable employment with competitive salary packages ranging from 400000 to 800000 INR per annum, along with comprehensive benefits including pension schemes, health insurance, and leave entitlements. The sector's demand for economists with policy analysis skills is particularly high as government agencies seek to understand economic challenges and develop evidence-based solutions.
Internship Season
The internship season at our Economics program is a crucial component of the educational experience, providing students with real-world exposure to various economic challenges and professional environments. Our placement office maintains extensive relationships with employers across multiple sectors, ensuring that students have access to diverse opportunities for practical experience and career development.
Internship positions are available in leading organizations including financial institutions, consulting firms, government agencies, and multinational corporations. Students typically secure internships during their third and fourth years, with the internship period lasting 2-6 months depending on the organization and program requirements.
Internship Companies
Our students have successfully secured internships at organizations such as Goldman Sachs, JPMorgan Chase, Morgan Stanley, World Bank, International Monetary Fund, Reserve Bank of India, Google, Microsoft, Amazon, Meta, McKinsey & Company, Boston Consulting Group, Deloitte, and PwC. These internships provide valuable exposure to real-world economic challenges and professional environments.
Stipend Data
Company | Highest Stipend (INR) | Average Stipend (INR) |
---|---|---|
Goldman Sachs | 80000 | 50000 |
JPMorgan Chase | 75000 | 45000 |
Morgan Stanley | 70000 | 42000 |
World Bank | 60000 | 35000 |
International Monetary Fund | 55000 | 30000 |
Reserve Bank of India | 45000 | 25000 |
90000 | 60000 | |
Microsoft | 85000 | 55000 |
Amazon | 80000 | 50000 |
Meta (Facebook) | 75000 | 45000 |
McKinsey & Company | 70000 | 40000 |
Boston Consulting Group | 65000 | 35000 |
Deloitte | 60000 | 30000 |
PwC | 55000 | 25000 |
Internship Process
The internship process begins with the announcement of available opportunities through our placement office and various online platforms. Students are required to submit applications, including their resumes, academic transcripts, and cover letters. The selection process typically involves written tests, interviews, and group discussions.
Our placement office provides comprehensive support throughout the internship application process, including resume writing workshops, interview preparation sessions, and career counseling services. This support ensures that students are well-prepared for the competitive internship market and have access to opportunities with leading organizations.
Internship Benefits
Internships provide students with invaluable exposure to professional environments, real-world economic challenges, and industry best practices. The experience gained through internships enhances students' employability and provides them with practical skills that complement their academic knowledge.
Many of our internship opportunities lead to full-time employment offers, with students receiving pre-placement offers (PPOs) from leading organizations. These PPOs provide security and recognition for exceptional performance during the internship period.