M.Sc. Economics (Public Policy)

The M.Sc. Economics (Public Policy) programme equips students with analytical, economic, and policy-making skills to address complex public challenges. Combining economics with governance, institutional analysis, and data-driven decision-making, the programme prepares graduates to contribute to public administration, policy consulting, research, and development organisations.

Duration: 2 YearsDegree: M.Sc.Mode: Full-time
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Shaping Future Public Policy Leaders

ABOUT THE PROGRAMME

The M.Sc. Economics (Public Policy) programme bridges economics and governance to develop professionals capable of designing, analysing, and evaluating public policies. Students explore how governments, institutions, and regulatory frameworks influence economic and social development while gaining practical exposure to policy formulation and implementation.

Policy Design & Evaluation

Learn to formulate, assess, and improve public policies using analytical frameworks.

Governance & Institutional Economics

Study government systems, institutions, public administration, and regulatory frameworks.

Data-Driven Decision Making

Apply quantitative methods, policy analytics, and evidence-based research to solve public challenges.

Research & Case-Based Learning

Develop practical insights through policy case studies, field research, and real-world governance issues.

Public Finance & Development

Understand fiscal policy, public expenditure, welfare economics, and development planning.

Expert Mentorship

Learn from distinguished faculty, senior civil servants, policy practitioners, and experts from global institutions.

M.Sc. Public Policy student on the GIPE campus

What You Will Learn

Upon completion of the programme, students will be able to

Learning Outcomes

  • Policy design and evaluation
  • Data-driven decision-making in governance
  • Understanding public institutions and systems
  • Research, analysis, and communication skills
  • Learning to understand problem-solving and impact

Curriculum Snapshot

Building Expertise Across Public Policy, Governance & Economic Analysis

Curriculum Areas
Micro Economics
Macro Economics
Statistics and Operation Research
Basic Econometrics
Business Analytics

Core Course

Micro Economics
Macro Economics
Statistics and Operation Research
Basic Econometrics
Business Analytics

Discipline Specific Core

Fundamentals of Public Policy
Public Policy : Theory and Application
Soft skill Development: Presentation and Communication (Oral and Written)

Discipline Specific Elective

Public Economics
Students will choose from the electives basket as offered by the institute

Research Methodology

Research Methodology

Summer Internship

Summer Internship

Frequently Asked Questions

Placement and Student Progression

Economics graduates placed in policy, consulting, finance & research, data analytics

Amarendra Ginjala

Amarendra Ginjala

Company
EXL
Designation
Senior Business Analyst

Package

11.10 LPA

Bhawna Kumari

Bhawna Kumari

Company
Deloitte
Designation
Consultant - AI & Modelling (Model Risk Management)

Package

11.4 LPA

Jatin Kulkarni

Jatin Kulkarni

Company
JPMC
Designation
CCB (Consumer & Community Banking) Strategy Analyst

Package

23.5 LPA

Shaily Sengar

Shaily Sengar

Company
IDFC - First Bank
Designation
Associate Data Analyst

Package

18.4 LPA

Anwesha Bhajan

Anwesha Bhajan

Company
Crisil
Designation
Credit Analyst

Package

10.78 LPA

Tanya Sharma

Tanya Sharma

Company
PwC
Designation
Financial Services - Risk & Reg Analyst

Package

13 LPA

Amarendra Ginjala

Amarendra Ginjala

Company
EXL
Designation
Senior Business Analyst

Package

11.10 LPA

Bhawna Kumari

Bhawna Kumari

Company
Deloitte
Designation
Consultant - AI & Modelling (Model Risk Management)

Package

11.4 LPA

Jatin Kulkarni

Jatin Kulkarni

Company
JPMC
Designation
CCB (Consumer & Community Banking) Strategy Analyst

Package

23.5 LPA

Shaily Sengar

Shaily Sengar

Company
IDFC - First Bank
Designation
Associate Data Analyst

Package

18.4 LPA

Anwesha Bhajan

Anwesha Bhajan

Company
Crisil
Designation
Credit Analyst

Package

10.78 LPA

Tanya Sharma

Tanya Sharma

Company
PwC
Designation
Financial Services - Risk & Reg Analyst

Package

13 LPA

Amarendra Ginjala

Amarendra Ginjala

Company
EXL
Designation
Senior Business Analyst

Package

11.10 LPA

Bhawna Kumari

Bhawna Kumari

Company
Deloitte
Designation
Consultant - AI & Modelling (Model Risk Management)

Package

11.4 LPA

Jatin Kulkarni

Jatin Kulkarni

Company
JPMC
Designation
CCB (Consumer & Community Banking) Strategy Analyst

Package

23.5 LPA

Shaily Sengar

Shaily Sengar

Company
IDFC - First Bank
Designation
Associate Data Analyst

Package

18.4 LPA

Anwesha Bhajan

Anwesha Bhajan

Company
Crisil
Designation
Credit Analyst

Package

10.78 LPA

Tanya Sharma

Tanya Sharma

Company
PwC
Designation
Financial Services - Risk & Reg Analyst

Package

13 LPA

Learn from Leading Economists & Researchers

Teaching Faculty

Guided by experienced academicians, economists, and policy researchers who bring together academic depth and real-world expertise. Faculty members actively engage students through interactive lectures, mentorship, research guidance, and policy-oriented discussions that encourage critical thinking and analytical learning.

R.K. Pattnaik

Coordinator

Public Policy

Life Through a Student’s Perspective

A glimpse into life at our campUS

Batch 2025

The public policy course is diverse and widens horizons acquainting the students with required skills to formulate, implement and evaluate public policy. The course is taught by the best of the public policy experts. Interactive teaching helps us build perspectives and enhance knowledge.

Harshada Abhyankar

M.Sc. Economics (Public Policy)

Batch 2025

The recently launched course on public policy has been a great value addition to my existing knowledge. Throughout this course I could learn about policy analysis, its formulation and evaluation. For someone who was new to this discipline, the faculty provided great support. The course is well paced and....

Rushikesh Mule

M.Sc. Economics (Public Policy)

Batch 2025

The Masters in Public Policy program provided a well-rounded exploration of policy approaches, blending theory with practical applications. The diverse faculty enriched my understanding of policy development and implementation.

Harshvardhan Talekar

Economics Post Graduate, GIPE

Batch 2025

The public policy course is diverse and widens horizons acquainting the students with required skills to formulate, implement and evaluate public policy. The course is taught by the best of the public policy experts. Interactive teaching helps us build perspectives and enhance knowledge.

Harshada Abhyankar

M.Sc. Economics (Public Policy)

Batch 2025

The recently launched course on public policy has been a great value addition to my existing knowledge. Throughout this course I could learn about policy analysis, its formulation and evaluation. For someone who was new to this discipline, the faculty provided great support. The course is well paced and....

Rushikesh Mule

M.Sc. Economics (Public Policy)

Batch 2025

The Masters in Public Policy program provided a well-rounded exploration of policy approaches, blending theory with practical applications. The diverse faculty enriched my understanding of policy development and implementation.

Harshvardhan Talekar

Economics Post Graduate, GIPE

Batch 2025

The public policy course is diverse and widens horizons acquainting the students with required skills to formulate, implement and evaluate public policy. The course is taught by the best of the public policy experts. Interactive teaching helps us build perspectives and enhance knowledge.

Harshada Abhyankar

M.Sc. Economics (Public Policy)

Batch 2025

The recently launched course on public policy has been a great value addition to my existing knowledge. Throughout this course I could learn about policy analysis, its formulation and evaluation. For someone who was new to this discipline, the faculty provided great support. The course is well paced and....

Rushikesh Mule

M.Sc. Economics (Public Policy)

Batch 2025

The Masters in Public Policy program provided a well-rounded exploration of policy approaches, blending theory with practical applications. The diverse faculty enriched my understanding of policy development and implementation.

Harshvardhan Talekar

Economics Post Graduate, GIPE

Life at Gokhale Institute

Where Academic Rigor Meets Campus Community