Contents

1 The Institute 01

2 Vice Chancellor’s Message 02

3 About the Course - M.A. Economics 06

4 Core Courses 07

5 Elective Courses 08

6 Faculty Members 10

7 IIFT Economics Society (IES) 12

8 Academic Seminars & Events 14

9 Coorporate Seminars & Events 17

10 Why Hire Us 20

11 Past Recruiters 22

12 Summer Internship 23

13 Batch Profiles 24

14 Student Participation 32

15 Message from Alumni 33

16 Where our Alumni are Working 34

17 Placement Cell 36
 ABOUT THE
Institute
The Indian Institute of Foreign Trade (IIFT)
was established in 1963 as an autonomous
body under the Ministry of Commerce &
Industry to contribute in the skill building
for the external trade sector of India.
It has come a long way to successfully
develop into a unique institution involved in
imparting knowledge through research and
training in international business and trade.
It has significantly contributed towards the
external trade sector of India through policy
research and skill-building over the past
1
six decades. The National Assessment
and Accreditation Council (NAAC) has
recognized IIFT as Grade ‘A’ Institution in
its evaluation during 2005 as well as in 2015.
Recently, the Institute has been granted
autonomy by UGC/ MHRD as Category-I
institution. The Department of Economics
at IIFT is presently ranked 9th by IDEAS-
RePEc
MESSAGE
MESSAGEFROM
FROM

Vice
ViceChancellor
Chancellor
The Indian Institute of Foreign Trade (IIFT) is proud to introduce
its M.A. Economics with Specialization in Finance and
International Trade program. This program is designed to equip
students with the skills and knowledge they need to pursue
careers in economics, finance, trade research, and analytics.

The program curriculum provides students with a strong

foundation in economics, finance, and international trade.
Students take courses in microeconomics, macroeconomics,
international economics, financial markets, and trade policy
and also get the opportunity to take elective courses in areas
such as econometrics, data analysis, Dr. (Mrs.) Satinder
and financial modelling. Bhatia
In
addition to the coursework, students also get the opportunity
to participate in research projects, internships, and industry
IIFT is proud
workshops. Thistogives
offer them
the M.A.theEconomics
hands-on with Specialization
experience they in TradeDr.
and finance program.
(Mrs.) Satinder
This programin istheir
led bycareers.
a team of expert faculty members who are experts in their respective
need to succeed Bhatia
fields. The program is rigorous and challenging, but it also provides students with the
Director (Additional Charge), Dean
Theknowledge and
faculty at IIFT areskills they in
experts need torespective
their succeed infields.
the corporate
They are world. The program is offered in
both Delhi
committed and Kolkata.
to providing It is open
students withtothe
students fromand
knowledge all backgrounds.
skills
they need to succeed. The M.A. Economics with Specialization Collegiate Schools of Business
The program is accredited by the Association to Advance
(AACSB).
in Finance andThe curriculum
International of the
Trade program
program covers
at IIFT a wide range of topics in economics,
is a rigorous
andfinance, and program.
challenging international trade. it
However, Students learn
is equally about microeconomics,
rewarding and macroeconomics,
international
set apart economics,
from other traditionfinancial markets, and trade policy. They also have the opportunity
MA courses.
to take elective courses in subjects such as econometrics, data analysis, and financial
modelling.
In addition to the classroom learning, students in the program participate in a variety of
experiential learning activities. These activities include research projects, internships, and
industry workshops. The program is committed to providing students with the knowledge
and skills they need to succeed in academics, government policy making and corporate
world. With the support of the faculty and the well-structured program, students are
equipped to face the challenges of the professional world with confidence and proficiency.
The M.A. Economics with Specialization in Finance and International Trade program is highly
regarded by recruiters. Graduates of the program have gone on to successful careers in a
variety of industries, including finance, consulting, and government.

2
 Prof. Basanta K. Sahu
Professor & Head Economics Division (Delhi)
Having excellent curricula the master’s in economics
program at the Indian Institute of Foreign Trade is unique
in the country as it has been meticulously designed to
train the students in International Trade and Finance to
cater the needs of different stakeholders in a changing
business and economic scenarios. With long and diverse
academic experiences and all round exposure to theory
and empirical techniques, IIFT economics faculty are
competent enough for delivery of management education,
economic and business analysis, policy research and in
generating great in-class spillover impact. As part of the
curriculum, students receive comprehensive training in
the latest econometric packages, enabling them to bridge
the gap between theory and real-world application. All the
Prof. Ranajoy Bhattacharyya
Professor & Head Economics Division (Kolkata)
The MA (Economics) programme of IIFT has established
itself as one of the most sought after MA (Economics)
programs of India. The uniqueness of the program lies in its
joint emphasis on applied research based on mathematically
rigorous theoretical models and leveraging IIFT’s immense
expertise of serving the interests of the corporate sector
as well as commercial policy making in India. The objective
is to train students in a way that allows them to move into
higher academics, corporate jobs and openings in policy
making think tanks as well as government ministries with
equal ease. The second uniqueness of the program is its
emphasis on international trade and finance. IIFT being a
trade institute has immense experience in collaborating with
corporate and the central and state governments on issues
3
students have to undertake a master’s dissertation project,
a culmination of their learning journey, which reflect their
intellectual growth and expertise. This distinctive blend of
specialization and research-oriented curriculum creates a
cohort of economics students who are truly industry-ready
and poised for remarkable success in their chosen fields.
Even if the MA Economics program is relatively young, it
has already made its mark as one of the leading programs
in the country. IIFT graduates have gone on to work at some
of the most prestigious companies in the world, including
in domains like Finance, Trade, Research, Data Analytics,
Consulting, Think Tanks, and Government Bodies.
related to trade and trade finance. Therefore it has a natural
advantage in this field. Finally, the emphasis on applied
research in the course prepares the students in statistical
theories, programming skills as well as data visualization
and interpretation methods. The students apply these skills
in their final semester while writing a compulsory masters
dissertation. These skills also make them ideal candidates
for jobs as data scientists. As a result of all these advantages
students of this program have been consistently placed in
top corporate and government offices every year.
I wish the students success in their job search endeavors
this year as well.
ABOUT THE COURSE

M.A. Economics
The Post-Graduate Programme in Economics was started in the AY of 2018-19. The M.A. (Economics
Specialisation in Trade & Finance) programme has a total capacity of 93 students, 52 of whom are
admitted in Delhi and 41 in Kolkata Campus.

• The programme assimilates curriculum & teaching pedagogy from the best universities of the
world where emphasis is laid on the latest developments in the field of Economics.

• The objective is to encourage the students towards academic endeavor and develop a
capacity to solve complex problems and to initiate fresh ideas in the frontier of the subjects
covered in the 2-year Post Graduate Programme.

• During the programme, practical training is provided in the most recent econometrics and
statistical softwares, so that the students are well-equipped both for the higher studies as
well as for the job market in academic and non-academic fields.

• IIFT’s Economics programme is now part of the Erasmus Mundus Programme of the European
Union.

• IIFT is now an associate partner of EGEI which opens up avenues for collaboration.

• The MA Economics program at IIFT attains eminence by securing a position within the
esteemed top 10 economics programs in India.

• The Institute has over five decades of experience in working as a policy think-tank to the
Government of India wherein it regularly advises the Government on issues related to trade
through commissioned research projects.

• The expertise developed by such interactions and teaching applied issues to management
students is expected to give a new dimension to the course not available in similar
Programmes offered in other universities and institutes.

• Experienced faculty equipped with core domain knowledge on specialized areas of Trade and
Finance would guide the students to become managers and policymakers of the future.

• Relatively advanced topics on theoretical model building as well as empirical analysis are
integral part of the courses during third and fourth semesters.

• In the last semester, in order to encourage constructive original thought process, students
are required to write a dissertation on a contemporary issue based on their theoretical and
empirical knowledge gained from the programme.

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COURSE STRUCTURE
Courses
CORE SUBJECTS
Microeconomics Theory-I
Macroeconomic Theory
Basic Econometrics and Statistics
Mathematics for Economics
Microeconomic Theory–II
Advanced Topics in Macroeconomics
Theory of International Trade
Financial Economics
International Macroeconomics and
Finance
Economic Development and Policy in
India
5
ELECTIVE SUBJECTS
FINANCE
Derivatives and Risk Management
Investment Theory
Financial Modelling
Banking and Financial Intermediation
INTERNATIONAL TRADE
Empirical Issues in Trade Theory
WTO and Contemporary Trade Issues
Trade and Development
Advanced Topics in Trade Theory
OTHER SPECIALISED COURSES
Advanced Econometrics
Computable General Equilibrium
Analysis and Applications
Law and Economics
Economics of Network
Economics of Environment
IIFT
Faculty Members
Vijay P. Ojha
ECGC Chair Professor
Dr. Ojha earned his Ph.D. from the Delhi School of
Economics. His research includes the evaluation of trade
liberalization in India using the Computable General
Equilibrium (CGE) modeling methodology. He was also
honored with the “Commonwealth Academic Staff
Fellowship, which facilitated his postdoctoral research
at the Environment Department of the University of
York, U.K. on “Carbon Emissions Abatement Strategies
and Poverty Alleviation in India”
D. Sunitha Raju
Professor
Dr Sunitha is a Professor and Chairperson in
the Graduate Studies Division, she possesses
significant experience and expertise in the
fields of Economics, specifically in relation
to Agriculture. Her wide-ranging proficiency
covers various areas including Microeconomics,
Economic Environment and Policy, Industrial
Economics, Trade, Fiscal & Monetary Policies, and
Environmental Economics.
Biswajit Nag
Professor
Dr. Nag, with a qualification of Ph.D. (Economics)
and PG Diploma in Financial Management and
has a wide range of publications in the areas of
Industrial Economics, Applied Econometrics and
International Trade & Finance. He has worked
in consulting assignments with esteemed
organizations like UNESCAP, ADB,Finance
Commission of India and others.
Basanta Sahu
Professor & Head Economics Division (Delhi)
Dr. Sahu has more than two decades of
professional and academic experiences in
economics and policy research and related areas.
Some of his past academic positions include
Chair Professor (Tel Aviv University, Israel), Visiting
Professor (NIFTEM), Honorary Sr. Fellow/Professor
(Institute of Social Sciences), Visiting Professor
(IIM, Lucknow), Fellow (S. Daniel Abraham Centre
for International and Regional Studies) and worked
in several reputed Universities/institutes in India
and abroad.
6
Sugata Marjit
First Distinguished Professor
Dr. Marjit served as the RBI Professor of Industrial
Economics and held the position of Director at the
Centre for Studies in Social Sciences, Calcutta.
Additionally, he has formerly held the esteemed
role of Vice Chancellor at Calcutta University. His
expertise lies in the fields of Political Economy and
the Informal Credit Market. He has also contributed
significantly to the study of Wage Fund Theory in
Trade Models, as well as the exploration of the Role
of Factor Endowment in the Dixit-Stiglitz-Krugman
Model of Monopolistic Competition and Product
Diversity.
Ranajoy Bhattacharyya
Professor & Head Economics Division (Kolkata)
Dr. Bhattacharyya, Ph.D in Economics, is a recipient of the
Fulbright scholar in Residence Award in 2007 and the Asia
Fellows award in 2002-03. His research interests lie in the
areas of International Trade and Environmental Economics.
His research has been published in high-impact journals
such as the Journal of Economic Integration, Journal of
Policy Modelling, Global Business Review, South Asian
Journal of Macroeconomics and Public Finance, etc.
Jaydeep Mukherjee
Professor
Centre Head, IIFT Gift City (Gandhinagar)
Dr. Mukherjee holds a Ph.D. in Economics and
has imparted his expertise in Economics through
teaching engagements at esteemed Indian
institutions such as JNU, IMI Delhi, IIM Sirmaur
and IIM Raipur. His research focus spans across
the realms of the Financial Sector and Real
Sector Economy interconnection within an Open
Economy Macroeconomic framework. His areas of
specialization encompass Macroeconomic Policy,
the application of Econometrics in Macroeconomics,
and Finance.
Bibek Ray Chaudhuri
Professor
Dr. Chaudhuri, has done Ph.D. (Economics), JNU. His
research have been published in reputed journals
such as Journal of Law, Economics, and Policy,
Empirical Economics Letters, International Review
on Public and Nonprofit Marketing, etc. His areas of
interest include Trade Analytics, Macroeconomics,
Global Business Environment and Global Economic
Environment & Policy.
 Debashis Chakraborty
Professor
Dr. Chakraborty is possessing a doctoral degree
in economics, he has amassed an extensive
array of publications encompassing subjects
such as International Trade, Indian Economic
Development, WTO matters and Trade and
Environment Interrelationship. His portfolio
includes engagement in diverse initiatives,
coordinating with entities like the Ministry of
Commerce, IFC (World Bank), ITC Ltd., CII, SIAM
and the German Development Institute.
Divya Tuteja
Assistant Professor
Dr. Tuteja, possessing a Ph.D. in Economics, holds
membership in both the American Economic
Association and the Econometric Society. Her
areas of specialization includes Macroeconomics,
Financial Markets, Monetary Theory, Econometrics
and Forecasting. Notably, she has also contributed
her skills during her tenure at ICICI.
Anchal Arora
Assistant Professor
Dr. Arora has Ph.D. in Economics from JNU.
Her areas of expertise are Microeconomics,
Environmental Economics and Econometrics.
Her research interests include areas such as
Non-market valuation, Technology Development,
Plant Biotechnology, Trade and Climate change
and Decarbonization of heavy industries etc. She
is a recipient of several prestigious international
fellowships and has published in various peer
reviewed international journals.
Oindrila Dey
Assistant Professor
Dr. Dey is a Fellow at Global Labour Organization
(GLO), Netherlands. She was a visiting fellow
at Asia Century Foundation (Ford Foundation
Funded). Her academic focus encompasses
Applied Microeconomic Theory, Industrial
Organization, Development Economics and
International Trade. She has completed Ph.D
as UGC- NET JRF from the Department of
Economics, Jadavpur University, Kolkata, India.
7
Sujata Kar
Associate Professor
Dr. Kar has a doctoral degree from IIT Kanpur. Her
interests include Macroeconomics, Monetary
Economics, Financial Economics, and Behavioral
Economics. Prior to joining IIFT, she worked at
other premier institutes like IIT Indore, NISER
Bhubaneswar and IIT Roorkee for more than 9
years.
Papiya Ghosh
Assistant Professor
Dr. Ghosh has a Ph.D. in Economics from JNU,
she has been involved in various research projects
supported by the Ministry of Commerce and
Industry, Government of India. Her specialization
encompasses Economics of Networks, Law and
Economics, Social Choice Theory, and Applied
Microeconomics.
Taufeeq Ajaz
Assistant Professor
Dr. Ajaz has done his Ph.D. in Economics from
School of Economics, University of Hyderabad
and is currently working as an assistant professor
in IIFT. His area of interest is macroeconomics.
Anirban Biswas
Assistant Professor
Dr. Biswas excels in international trade, R&D,
and development, backed by a decade in public,
private, multilateral, and regional roles.Prior to this,
he worked at Ambedkar University and UNESCAP.
He holds an MPhil and a Ph.D. in Economics from
JNU. His research interests include International
Trade and Economics of Innovation.
A.K. Srustidhar Chand
Assistant Professor
Dr. Chand is an accomplished scholar who earned
his Ph.D. in Economics from the esteemed Ca’
Foscari University of Venice, Italy. Complementing
his doctoral achievements, he also possesses an
Erasmus Mundus Master’s degree in Quantitative
Economics. He boasts 7 years of post-Ph.D.
expertise in teaching, research, and academic
administration at tenured positions in IISER
Bhopal, along with roles at ISI Delhi and IIIT Delhi.
IIFT
Faculty Members
Sugandha Huria
Assistant Professor
Dr. Huria holds a PhD (Economics) and M.Phil
(Economics) from the Centre for International
Trade and Development, Jawaharlal Nehru
University, New Delhi-India. Her research focuses
on International Trade and Trade Policy, Foreign
Direct Investment, Wage Inequality, E-Commerce
and MSMEs. She has been associated with
several projects commissioned by national and
international organizations, such as the DoC and
the DPIIT, MoC&I, PayPal Holdings Inc., Flipkart,
etc. She has been a consultant with the World
Bank for about three years, and worked extensively
on services trade and trade-related issues.
Neha Jain
Assistant Professor
Dr Jain has done her Ph.D. from Centre for the
study of Regional Development (CSRD), JNU. Her
areas of expertise are Development Economics,
Applied Econometrics and Demographic
Economics and she also has some major
publications in these areas. She is a member of
Association for Environment and Development
Research (AEDR).
8
Muhammed Rafi OPC
Assistant Professor
Dr. Rafi holds a Ph.D. in Economics from
Pondicherry University. Prior to joining IIFT, he
was working as Assistant Professor at Dr. B.R.
Ambedkar School of Economics University,
Bengaluru. Dr. Rafi has been working in the area
of open economy macroeconomics, international
finance and applied econometrics and has
published several articles in highly-regarded
academic journals.
Kanupriya
Assistant Professor
Dr. holds a Ph.D. in Economics from the Indian
Institute of Foreign Trade, Delhi. Her area of
interest is Economics and Trade Policy. Prior to
joining the IIFT Delhi, she taught at Sri Aurobindo
College (Day), University of Delhi.
IIFT

Departmental Projects
A Snapshot
IIFT’s growth is deeply intertwined with research, serving as a bridge between knowledge creation
and training. This synergy underpins the Institute’s evolution. Its consultancy prowess in dissecting
global business landscapes and formulating effective corporate strategies is substantial. The
Institute adeptly secures domestic and international projects through successful bids, further
enhancing its influence and impact. IIFT serves as a distinguished Think Tank for foreign trade
and policy matters, offering valuable insights through 50 high-quality research projects in the past
5 years. Research areas encompass export strategies, trade networks, FDI, FTAs, logistics, and
more. With a focus on influencing bilateral/multilateral negotiations, the institute aids governments
and international organizations like WTO, World Bank, and UK’s DFID. IIFT’s consultancy strength
lies in analysing global trade scenarios and providing precise policy recommendations, fostering
national and international trade development.

Government and International Organisations

Corporates

9
IIFT

Economics Society (IES)

IIFT Economics Society (IES) is a conduit of academic refinement, seamlessly linking economic theory with pragmatic reality.
Through curated interactions with eminent policymakers, distinguished economists, and global industry luminaries, the
society propels students into the heart of contemporary economic discourse. With meticulous objectives, I.E.S transforms
erudition into familiarity, offering tailored mentorship and immersive research experiences. Aspiring academicians,
policymakers, and corporate visionaries find here the crucible for growth, nurturing proficiency in cutting-edge tools to
elegantly navigate real-world complexities.

Panel Discussion on Union Budget 2022

The panel discussion revolved around Budget 2023 with a
major focus on expectations from the next 25 years: touted
as the Amrit Kaal. The 4 membered panel had distinguished
individuals across institutions and corporates, with Prof
Biswajit Nag of IIFT Delhi as the moderator.
The discourse began with Prof Nag juxtaposing the increased
capital expenditure with reduced social sector expenditure.
Mr. Ravi Pokharna, ED of Pahle India Foundation mentioned
how the focus of the budget has shifted from trivial items to
four major segments: public utilities, infrastructure, ease of
doing business, and sector-specific solutions.
Prof Partha Chatterjee of Shiv Nadar University emphasized
how each budget is a stepping stone in India’s pursuit of
becoming a developed nation. He highlighted the low levels
of private investments, the role of the multiplier effect in
government investments, the need for investment in human
capital, and the impact of the federal structure of India on tax
devolution.
Mr. Rajesh Ranjan, Director of Public Policy at Microsoft
elaborated on the efforts of the governments to bring
simplicity to regulatory norms and compliance. He also
discussed the increased budget allocation to cyber security
and to the manufacturing of electronics and hardware.
Dr. Surajit Das of Jawaharlal Nehru University discussed the
low health and education expenditure to GDP ratio for India
in contrast to the high-interest payments cramping the fiscal
space. He further explained how borrowing from RBI, rather
than the markets, might be a better bet for the government.

Annual Economic Conclave, 2023

The Department of Economics, Indian Institute of Foreign
Trade (IIFT), hosted its Annual Economic Conclave on May
6th and 7th, 2023, in offline mode after four years as a virtual
event. The theme, “G20 and the Rise of the Global South,”
explored India’s presidency of G20 and the role of developing
countries in transforming the world. Distinguished speakers
from academia, policy-making, and industry shared
insights on various economic topics. The conclave featured
guest lectures, panel discussions, and student activities.
Notable discussions included “Economic Implications of
Emerging Technologies” and “International Monetary Policy
Coordination.” The event also included a student paper
presentation competition and the flagship Model G20,
fostering diplomatic and negotiation skills. The valedictory
lecture by Ms. Rupa Dutta, IES, provided valuable insights into
the G20 theme. The Conclave highlighted IIFT’s commitment
to fostering discussions on international economics and
offered students an enriching experience. The Organising
Committee expressed gratitude to all participants, making
the event a resounding success, elevating IIFT’s stature in
the academic and corporate world while nurturing future
leaders

10
IIFT

Ecolibrium
“Ecolibrium” stands as a testament to the essence of economics—a dynamic interplay of societal forces meticulously
deciphered by economists. As the cornerstone of IIFT Economics Society (IES), it illuminates the juncture where
theoretical tenets meet pragmatic realities. With a resolute objective to empower students and bridge the chasm
between concepts and their real-world applications, “Ecolibrium” emerges as a platform for their voices to resonate.
Within its pages lies a curated tapestry of insights, capturing the pulse of ever-evolving economic landscapes. Much
like IES itself, this annual magazine serves as a compass, keeping students in stride with the avant-garde strides in the
realm of economics.

1st Edition
The inaugural edition of “Ecolibrium,” a prodigious culmination of the industrious efforts by the Department
of M.A. Economics students, made its debut in 2018. Envisioned as a contemplative exploration, it directed
its spotlight towards two global economic behemoths, India and China. Imbued with the purpose of affording
readers a panoramic view of the economic and political tapestry enshrouding these two titans, the magazine
delves into their profound integration into the world economy.

2nd Edition
In this edition of the magazine, profound scrutiny is cast upon the intricate structural challenges that entwine
the Indian economy. With a discerning eye, fault lines are meticulously dissected, and solutions tendered in
pursuit of rectification. This endeavor is poised to broaden the readers’ vistas, rendering a comprehensive
panorama of the Indian economic landscape. As a counterpoint to the era of distorted information, the
magazine stands as a bastion of substantiated verity, anchoring its readers in a realm of solid facts and
informed discourse.

3rd Edition
The theme “US-Protectionism-Beggar Thy Neighbour” seamlessly aligns with this endeavor, offering IIFT
students a chance to fortify their understanding of economics and its interconnections. The IES team aspires
for this magazine to surpass reader expectations, offering an apt perspective on the current global events
and their economic implications.

11
 4th Edition
The focus of this issue is on the underlying structural challenges within the Indian economy, which have been
further amplified by the impact of the Covid-19 pandemic. As the world strives to bounce back from the
pandemic’s effects, India too aims to rejuvenate its economy with a hopeful perspective, fostering growth.

5th Edition
The fifth edition of “Ecolibrium” offers a contemporary and comprehensive exploration of the economics
of war. With its incisive analysis, the magazine holds immense value for both scholars and avid learners. It
presents a unique perspective on the intricate interplay between economics and warfare, provoking fresh
contemplation. Through its pages, readers gain insight into the historical origins, underlying causes, as well as
the nuanced micro and macro-economic consequences of war. The magazine also casts light on the complex
phenomenon of war profiteering, making for an enlightening and captivating read.

6th Edition
In the 6th edition of Ecolibrium, the magazine explores the profound impact of Artificial Intelligence (AI).
AI has ushered in transformations across sectors, from healthcare to finance. As AI extends its influence
to unconventional domains like video game design and marketing, this edition examines the promises and
challenges it presents. This edition provides an in-depth analysis of AI’s role in various economic aspects,
including global supply chains, the future of manufacturing, and its impact on international trade. Furthermore,
it explores the potential consequences of AI on societal disparities, offering readers a comprehensive
perspective on this evolving landscape.

12
IIFT
Academic Conference- EIITF
Conference on Empirical Issues on International Trade and Finance (EIITF)
The Indian Institute of Foreign Trade (IIFT) organized its eighth
Research Conference on Empirical Issues on International
Trade and Finance (EIITF) on December 15th and 16th, 2022,
at its New Delhi Campus. The conference saw an esteemed
lineup of speakers, including Dr. Satinder Bhatia (Dean,
IIFT), Dr. Ranjit Rath (Chairman & MD, Oil India Ltd.), Dr.
T.C.A. Anand (Member UPSC, Former Chief Statistician of
India), and Prof. Niti Nandini Chatnani (Professor of Finance
& Conference Convener, IIFT). The conference received an
overwhelming response, with 200 papers submitted from
universities and research institutes in India and abroad.
After a rigorous peer-review process, 100 papers were
selected for presentation, including contributions from
renowned international institutions. The conference covered
various topics related to international trade and finance,
13
including India’s transformation from a crude oil importer
to an exporter, market-driven technologies, importance
of database sources, policies like GST implementation,
economic growth, FDI, CO2 emissions, barriers to trade,
labor, inequality, and sustainable development. Additionally,
two special lectures were delivered by Prof. Pranab Bardhan
(University of California) and Prof. James R. Markusen
(University of Colorado), focusing on trade policy challenges
in India and the theoretical and empirical aspects of
multinational firms. Two policy forums were organized on
issues of contemporary relevance: the role of the state in
the Fourth Industrial Revolution and India-Australia trade
relations, addressing supply chain resilience and market
failure.
IIFT

Student Engagement
Snapshot
IIFT’s M.A. Economics program offers more than classroom learning. It builds theoretical knowledge
and practical skills for success in the global arena. Our students are not just learners; they are
achievers, innovators, and contributors. Here’s a glimpse into the remarkable accomplishments
and enriching activities undertaken by our M.A. Economics students.

Research & Publications

Our M.A. Economics students are active researchers and authors, contributing impactful articles
to esteemed journals. Their diverse research highlights their analytical skills and thought leadership
in various economic domains.

• International Journal of Policy Sciences and Law

• Journal of Management Research and Analysis
• Arbitrage - F&I Club - IIM Rohtak
• Frontier Weekly
• International Journal of Trend in Scientific Research and
Development

Projects

At IIFT, learning extends beyond the classroom as students engage in real-world projects. Students
participate in live projects with government and corporate entities, gaining hands-on experience
in economic policy, market analysis, and strategic decision-making. These practical encounters
equip them to tackle intricate economic challenges effectively.
`

14
 Competitions

Participation in national-level competitions demonstrates the competitive edge of our students.

Their innovative ideas and strong grasp of economic concepts consistently earn them positions as
national finalists, highlighting the quality education they receive at IIFT.

Technalytics | Technex’23 - IIT BHU- National

Semi-Finalists

Techkriti | IIT Kanpur- National Finalist

DataVista | DSE - National Semi-Finalists

15
IIFT

Corporate Seminars And Events

Morgan Stanley First Abu Dhabi Bank HDFC Bank Cerberus Capital Agrocorp India
Management

Natural Gas Society Ministry of Civil McDonald Pelz CRISIL Motilal Oswal
Aviation Global Commodities Financial Services

Darashaw Standard Chartered Google BlackRock RoundSqr

Bank

Yes Bank Goldman Sachs NSE WTW Colgate, Palmolive

Deutsche Bank Indian Institute of Centre for Technology, Axis Bank Bandhan Bank
Science Innovation & Economic
Research (CTIER)

16
17
IIFT

Why Hire Us?

The two-year Masters in Economics program
allows the students to specialize in either Trade
or Finance or both, thus streamlining their vision
and career prospects. It imparts students with
rigorous and hands-on training in Economics.
Special emphasis is given on analytical and
problem-solving skills to prepare the students
to work with real world problems at both micro
and macro levels. Apart from that, our renowned
faculty and their expertise in emerging policy
issues at the national and international levels
provides us with the best of both worlds.

Maths Economics Business

Economics

Commerce Engineering

Male
Batch Academic Diversity
Female

Gender
Diversity

Econometric
Risk
Modeling &
Management
Validation

Economic
Data Science
Policy & Market
& Analytics
Research
Sectors
Banking &
we fit in
Policy Making &
Financial
Trade Strategy
Services

Consulting Market
Analytics

18
 2022-24

2021-23

24 LPA
Highest
Package

2020-22
2019-21
13 LPA
Average
Package

2018-20

11.5 LPA
Median
Package

18 38 41 91 93

Growth in Batch Size

Trade Fields of Finance

specialization

Eviews Tech
Skills

19
IIFT

Recruiters

20
IIFT

Summer Internship

21
IIFT
Educational Background

Batch Profile Internship/Work Experiences

Technical Skills

Aaditya Jindal Aahana Srishti

B.A.(Hons) Economics, Shyam Lal College B.A.(Hons) Economics, Indraprastha College for
Women
Ministry of Commerce and Industry
ICRIER
SQL, MS Excel MS office, Google Workspace

Abu Ashraf
Abhishekh Kashyap
B.A.(Hons) Economics, Galgotias University
B.Com. (Hons), Symbiosis, Pune
Ministry of Commerce and Industry | Infinite Sum
Ministry of Commerce and Industry | FICCI
Python, R, Tableau, MS Excel Modelling
Python, MySQL, MS Excel

Aditi Aditi Singh

B.A.(Hons) Economics, Kasturi Ram College Of
Higher Education
BITS Pilani-Hyderabad Campus
MS Office (Word, Excel, PowerPoint), Python,
STATA
B.A.(Hons) Economics, Christ (Deemed to be
University), Bangalore
NSE India
MS Excel, MS Office, Eviews, Stata, R

Aditi Solanki Ahona Halder

B.A.(Hons) Economics, Fairfeild Institute of
Management and Technology
Ministry of Commerce and Industry, Delhi
SQL, Python
B.A. (Hons) Economics, Jadavpur University
SWOT & PESTLE.com
MS Office (Word, PowerPoint, Excel), SQL,
Python

Amit Mitra Amit Sinha

B.Sc (H) Economics, Presidency University B.A. (Hons) Economics, Galgotias University
FICCI | IISER, Bhopal Reserve Bank of India, New Delhi | Infinite
MS Office Sum Modelling
Python, GTAP, Tableau, MS Excel

Amogh Ananya Das

B.A. (Hons) Economics, Rajdhani College B.A. (Hons) Economics, Birla Global University,
Bhubaneswar
RIS
Niti Aayog
Python, R MS Office, R

22
IIFT
Batch Profile
Anjali Fogla
B.Sc. Economics, NMIMS, Mumbai
National Stock Exchange (NSE)
R, Quarto, Latex, Power BI, MS Office (Excel,
PowerPoint)
Anshita Banga
BA. (Hons) Economics, Maitreyi College
Ministry of Commerce and Industry
R, Stata, Power BI, Excel
Anshul Raj
BA. (Hons) Economics, Motilal Nehru College
CRISIL Ltd.
Python, SQL, Stata, MS-Excel, Power-BI
Arpita Sarkar
B.Sc. Economics, Bethune college
Ministry Of Commerce and Industry , Delhi
MS Office (Excel, Powepoint), Python, Power BI
Arunika Rastogi
BA. (Hons) Economics, Vivekananda Institute of
Professional Studies
Research and Information System for Developing
Countries (RIS)
MS Office (Word, Excel, PowerPoint), Stata, R,
SQL, Tableau, Python
Aryan Mangal
BA. (Hons) Economics, USME
National Bank for Agriculture and Rural
Development (NABARD), Mumbai
MS Office, Python
23
Ankur Kumar
B.A (Economics), Motilal Nehru College
Elara Capital
MS Excel, R , Stata, SQL
Anshu Kalshyan
BA. (Hons) Economics, Maitreyi College
Global Trade Observer (GTO)
Advanced Excel, Power BI , SQL
Anusha Biswas
BA. (Hons) Economics, Jadavpur University
Ministry of Commerce and Industry | Infinite Sum
Modelling | Indian institute of Technology, Kharagpur |
Indian Institute of Management, Calcutta
Python, R, STATA, SQL, C++, LaTeX, GTAP( beginner),
MS Office
Arthish Banerjee
B.Sc. Economics (Hons), Scottish Church College
Ministry of Commerce and Industry
Python, Java, Linux, JavaScript, Stata, MS Office
suite, Google Workspace suite
Arushi Gupta
BA. (Hons) Economics, Janki Devi Memorial
College
Ashoka University
Machine Learning , Python , SQL , Advanced Excel
, Stata , Microsoft Power BI
Aryan Sharma
B.Sc. (Hons) Economics, Symbiosis School of
Economics
FRM Level 2
Python, SQL, Excel
IIFT

Batch Profile
Asmita Tiwari Avery Biswas
BA (Hons) Economics, Aryabhatta College BA Economics (Hons) Specialization In Energy
Research and Information System for Developing Economics, University of Petroleum and Energy
Countries Studies
Excel, R, SQL, Gretl Mentorbeep | Infinite Sum Modelling
Python, Excel

Avinash Kumar Dwivedi Bhagyashree Tawri

B.Com., National Post Graduate College B.A. (Hons) Economics, St. Xavier’s
FICCI | Infinite Sum Modelling | BoA University, Kolkata
Python , SQL , MS Office, Tableau, Machine
Learning Algorithms Python (Basic level) , SQL (Basic level) , Excel

Bhavika Khatter Bhoomika

B.A. (Hons) Economics, A.R.S.D. College B.A. (Hons) Economics, Miranda House
Ministry Of Commerce and Industry Ministry of Commerce and Industry
MS Office, RStudio MS Office , Python

Chehak Sanon
CH S S Bharadwaja
B.A. (Hons) Economics, Ramjas College
B.Com (Accounting and Finance), TSR & TBK
Degree And PG College. Directorate General of Foreign Trade
Ministry of External Affairs, Govt. of India. MS Office (Word, Excel, PowerPoint), Python,
Python, Excel, MySQL, Tableau MySQL, Machine Learning

Cherry Murarka Chirag Arora

B.A. (Hons) Economics, Miranda House B.A. (Hons) Economics, Delhi Technological
University
National Stock Exchange (NSE) Bureau of Research on Industry & Economic
Advance Excel, SQL, Python, R Fundamentals
Python, Tableau, MS Excel

Chirag Gupta Damyanti Singh

B.Com., HL College Of Commerce Civil Engineering, TIEIT, Bhopal
National Institute of Public Finance and Policy Ministry of Commerce and Industry
(NIPFP) AutoCAD, Staad-Pro, Python, R , Microsoft
Python, SQL, Tableau
Excel

24
IIFT

Batch Profile
Dhruv Besoya Diksha Aggarwal
B.A. (Hons) Economics, A.R.S.D. College B.A. (Hons) Economics, Kalindi College
Global Trade Observer (GTO) Ministry of Commerce and Industry
Excel , SQL , Power Bi , MS Visio , MS Jira Excel, Python, Power BI

Diksha Garg Dipannita Nath

B.Sc. Economics, Manav Rachna International Institute
of Research and Studies B.Sc. Economics, Lady Brabourne College
Institute Of Industrial Development | Ministry Of American Express
Commerce and Industry
Excel , R
SQL, Python, Power bi, Excel, Powerpoint

Disha Gupta Divya Thukral

B.A. (Hons) Economics, The Maharaja Sayajirao B.A. (Hons) Economics, Delhi Technological
University of Baroda
University
Research and Information System for Developing
Ministry of statistics and program implementation
Countries (RIS)
MS Excel, SQL, R R, SQL and Python

Garima Jain Garveet Bhalse

BA(Hons) Economics, Vivekananda Institute of B.A. (Hons) Economics, Institute for
Professional Studies excellence in higher education, Bhopal
Ministry of Commerce and Industry Ministry of Commerce and Industry
R, SPSS, Stata, Advanced Excel Python

Harsh Kumar Yadav

Geetika Gupta
B.A. (Hons) Economics, Satyawati College
B.A. (Hons) Economics, Sri Guru Gobind Singh
Ministry of Finance | Ministry of Commerce
College of Commerce
Directorate General of Foreign Trade (DGFT) and Industry
MS Office, Python Eviews, Power Bi

Harshita Nanda Harshita Negi

Economics Hons, Atma Ram Sanatan Dharma BA(Hons) Business Economics, Shivaji college
College Ministry of Commerce and Industry
Ministry of Commerce and Industry Python, SQL
SQL, Tableau

25
IIFT

Batch Profile
Jagbir Kamalini Mukherjee
B.A.(Hons) Economics, Aryabhatta College B.A. Economics, Jadavpur University
Ministry of Commerce and Industry (MOCI) GOI RIS (Research and Information System for
Developing Countries)
MS Office, Gretl, Stata
MS Office, Stata

Kanika Khurana Keshav kishore

B.A.(Hons) Economics, Dr. Bhim Rao Ambedkar B.A.(Hons) Economics, Ramjas college
College
Ministry of Commerce and Industry
Ministry of Commerce and Industry
Python, MySQL, Stata, RStudio, Maxima, MS Python, R, Power Bi
Excel, Microsoft PowerPoint

Khushi Jain Khushi Rawat

B.A.(Hons) Economics, Daulat Ram College BSc. Economics (Hons), The Bhawanipur
Citi Corp. Education Society College
Anand Rathi Wealth
Python
MS Excel, MS Powerpoint, MS Word

Kushagra Thakral
Kshitiz Kejriwal
Bachelor of Business Economics (BBE), Shivaji
B.A.(Hons) Economics, Deen Dayal College
Upadhyaya College National Buildings Construction Corporation
PricewaterhouseCoopers Services LLP | EY Limited
SQL, MS Excel, Power BI Python, Advanced Excel

Latika Khatwani Laveesha

B.A. (Hons) Economics, Shyama Prasad Mukherji B.A. (Hons) Economics, Maitreyi College
College for Women Invest India and Niti Aayog
Niti Aayog and Tradepenetrate MS Office( Excel, Powerpoint) , Power BI,
Python, Excel, R Language and SQL SQL, Python

Mallika Arora Manasi Gupta

B.A. Economics, PGDAV College
Ministry of Commerce and Industry
MS Office Suite, R, Stata, SQL, Python
B.A. (Hons) Economics, Atma Ram Sanatan
Dharma College
NITI Aayog | Infinite Sum Modelling
SQL, MS Office, Python, GTAP

26
IIFT

Batch Profile
Manmeet Singh Gulati Manohar Kumar
B.A. (Hons) Economics, Dr. Bhim Rao Ambedkar BA, Motilal Nehru College
College Ministry of Commerce and Industry
Ministry of Commerce and Industry
Python, SQL, Latex
Advanced Excel , Python

Mayank Gupta Nayanika Chatterjee

B.A. (Hons) Economics, Sri Venkateswara B.A. Economics, Jadavpur University
College IIT Jodhpur | Ministry Of Commerce And Industry
Ministry of Commerce and Industry Python , Stata, MS Office
Python and Power Bi

Neeraj Yadav Neha Gupta

B.A. (Hons) Economics, Shaheed Bhagat Singh B.A. (Hons) Economics, Sri Venkateswara College
College Visiting Student at Indira Gandhi Institute of
Ministry of Commerce and Industry Development Research (IGIDR)
Machine Learning , Python , SQL , MS Excel , Tableau RStudio, Stata, Python

Nidhi Khandelwal Pooja Shokeen

BSc. Economics Hons., Shri Shikshayatan B.A. (Hons) Economics, Sri Venkateswara
College College
VT Capital Ministry of Commerce and Industry
MS Excel MS Excel, Python.

Pranay Tripathi
Prachee Gupta
B.A. , PT. Jawahar Lal Nehru Mahavidyalaya Banda
B.A. (Hons) Economics, Maitreyi College
NIPFP (National Institute Of Public Finance and
Ministry of Commerce and Industry
Policy)
MS Office, SQL
Python , MS Excel

Prarthana Sengupta Rahul Sinha

BSc. Economics Hons., Loreto College
SWOT & PESTLE.COM
MS Excel , Python , Word , Power Point
B.A. (Hons) Economics, St. Xavier’s University,
Kolkata.
National Stock Exchange, India
R, Stata, Maple, LATEX, Python, Refinitiv

27
IIFT

Batch Profile
Riya Gupta Saloni Gupta
B.A.(Hons) Economics, Miranda House B.A. (Hons) Economics, Gargi College
American Express RIS
SQL, Hive Python, Excel

Samayika Jain Sanchita Singhal

B.Sc. (H) Mathematics, Indraprastha College for BA (Hons) Economics, Delhi Technological University
Women Reserve Bank of India
Citibank MS Office(Word, Powerpoint, Excel), Bloomberg,
SQL, SAS Python,

Sanjeev Singh Shrabasti Dhar

B.A. (Hons) Economics, Deshbandhu college B.Sc. Economics, Lady Brabourne College
Ministry of Commerce and Industry BIRD Kolkata | NABARD
Python, SQL ,Stata and Excel Excel, MySQL, Python

Shreya Chakraborty Shrushti Ravindra Jaybhaye

BSc. Economics (Hons), Lady Brabourne College BA Economics, Fergusson college
Ramkrishna Forgings Limited NITI Aayog
Python, R R software, Advanced Excel

Srajay singh Sudipa Jana

B.A. Economics, Institute for Excellence in B.A.(Hons) Economics, tLady Shri Ram
Higher Education College for Women
Ministry of Commerce and Industry Ministry of Commerce and Industry
MS Office MS Office

Swarali Thavare Tanisha Paul

B.A. Economics, Fergusson College B.Sc. Economics, Lady Brabourne College
Ministry of External Affairs Ministry Of Commerce And Industry
Excel Advanced Excel, MS Powerpoint, Stata, Python

28
IIFT

Batch Profile

Tridev Jyoti Rath Unmesha Chattopadhyay

B.A. Economics, Ravenshaw University B.Sc. Economics (Hons), St. Xavier’s College
RIS, New Delhi (Autonomous) Kolkata
NABARD
Excel, Python
R, MS Office (Excel, PowerPoint etc.)

Vasumita Mall Vidhi Batra

B.A. (Hons) Economics, St. Xavier’s University B.Sc. Economics (Hons), Loreto College
Bureau of Research on Industry and Economic Trade Penetrate
Fundamentals (BRIEF) | Invest India
R
MS Office (Excel, PowerPoint), Python, SQL, Canva

Vikash Sanoriya Vishakha Srivastava

B.A. (Hons) Economics, Ramjas College B.A. (Hons) Economics, Hansraj College
Directorate General of Foreign Trade, kolkata Ministry of Commerce and Industry
Advanced Excel and R

Yatender Gupta
Yashwant Aggarwal
B.A. (Hons) Economics, Motilal Nehru
B.A. (Hons) Economics, Sri Aurobindo College
Ministry Of Commerce and Industry, Government Of College
India Ministry of Commerce and Industry, Airtel
MS Office, SQL, Tableau, Python, Machine Learning
, Stata R

Yuvraj Pratap Singh

B.A. (Hons) Business Economics, Aryabhatta
College
RaDev Pvt Limited
Cleared NET JRF

29
IIFT

Message from Alumni

Nikita Patial
University of Rochester
Batch of 2018-20, Gold Medalist
Through the coursework at IIFT, I acquired in depth knowledge and expertise in economic
theory in addition to sophisticated econometric tools and techniques, with decent exposure
to contemporary mathematical models that helped me build a strong foundation my
research career. for interest in diverse fields.

Utsoree Das
University of Geneva
Batch of 2019-21, Gold Medalist

At IIFT, with an extensive, rigorous, and involving coursework, we learned the foundation of
economic theories and applications from the best of the respective fields. We developed
the skills to address any economic model with the help of mathematical and statistical tools
and learnt to build models with theoretical underpinnings and carry out empirical analysis
handling large sets of data, simultaneously.

Kavya Benara
Deloitte USI
Batch of 2020-22

The Masters in Economics programme at IIFT is truly one of a kind that focuses on advanced
topics in macroeconomics and microeconomics as well as gives an opportunity to tailor the
programme as per one’s interest in either finance or trade. Having chosen my specialisation in
finance, electives like derivatives and risk management, empirical issues in trade theory and
advanced econometrics helped me kickstart my corporate career as an associate solution
advisor at Deloitte USI. I am extremely grateful to the faculty at IIFT for all the learning, hands
on projects and assignments which makes the understanding of theoretical knowledge so
much better. The econometric concepts and technical skills used in the projects come in
handy even today. Lastly, this course has not only paved the path for mycorporate journey
but also shaped me into a better and more confident individual.

Megha Mital
World Wide Technology
Batch of 2020-22

The coursework at IIFT is rigorous and extensive which helps students gain an in-
depth understanding of economic theories and sophisticated econometric and
contemporary mathematical models. The practical training provided in the latest
econometrical and statistical tools helped me build a strong foundation for my data
analytics career.

30
AN OVERVIEW OF WHERE

Our Alumni Are Working

Saharsh Poddar Bank of America Batch of 2018-20

Tanya Sharma McKinsey and Co. Batch of 2018-20

Diksha Gupta The Economist Batch of 2018-20

Yukti Sharma YES BANK Batch of 2019-21

Samvit Mukhopadhyay Word Wide Technologies Batch of 2020-22

Megha Mital Word Wide Technologies Batch of 2020-22

Meghna Gandhi American Express Batch of 2019-21

Deeksha American Express Batch of 2019-21

Richa Gulwani EXL Batch of 2019-21

Shreya Sinha Dunhumby Batch of 2020-22

Kavya Benara Deloitte USI Batch of 2020-22

Pragati Dabas Aptiva Consulting Batch of 2020-22

Agniva Dhar Axtria Batch of 2019-21

Surbhi Joshi PWC Batch of 2019-21

Kanika Goel Nomura Batch of 2019-21

Samarth Khurana Deloitte USI Batch of 2020-22

Grantha Banerjee Ken Research Batch of 2020-22

Vicky Kumar EY Batch of 2020-22

31
IIFT

Placement Cell

Kshitiz Kejriwal Abhishekh Kashyap

kshitiz_eco24@iift.edu abhishekh_eco24@iift.edu
+91 9654 403775 +91 69016 72210

Dr. Sugandha Huria

sugandha@iift.edu

Manasi Gupta Anusha Biswas

manasi_eco24@iift.edu anusha_ecok24@iift.edu
+91 96435 74808 +91 75849 66639

Prarthana Sengupta CH S S Bharadwaja

prarthana_ecok24@iift.edu bharadwaja_ecok24@iift.edu
+91 98306 72650 +91 79810 26919

Dr. Anirban Biswas

anirban@iift.edu

For any further queries contact us at :

Our LinkedIn Profile
place.maeco@iift.edu www.linkedin.com/company/iift-ma-economics

32
 Delhi Campus Kolkata Campus
IIFTBhawan,B-21, 1583,Chowbaga Canal Side Rd,
QutabInstitutionalArea, Madurdaha, Chowbaga, Kolkata,
New Delhi-110016 West Bengal 700100

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