Executive-Friendly Program | High Impact Format |

IIT Kanpur eMasters Degree Program

eMasters in
Economics, Finance & Public Policy

Develop futuristic public policies

  • No GATE Score
  • Placement Support and
    Alumni Benefits from IIT Kanpur
  • Earn Masters Degree
    without leaving your job
  • Top Faculty from
    Dept. of Economic Sciences

Application closing in


Masters in Economics, Finance and Public Policy

eMasters Highlights

  • SelectionBased on academic and professional background and test, interview where necessary. No GATE required.
  • High Impact Format Weekend-only Live interactive sessions coupled with self-paced learning.
  • Executive Friendly Schedule Learn while you earn, with the flexibility to complete the program between 1 to 3 years.
  • Career Advancement and Networking Access to IIT Kanpur placement cell and incubation centre.
  • IIT Kanpur Alumni Status Become an IIT Kanpur alumni with access to all the alumni privileges.
  • Credits Transfer Waiver of upto 60 credits for higher education (MTech/PhD) at IIT Kanpur.

Admission Process

  • Application
    Register with Mobile Number
    Submit Details
    Remit Application Fee
    Upload Documents
    Application Deadline - 12th May
  • Selection
    Application Review
    Selection Test
    Selection Announcement June 2023
  • Admission

Class Start - 3rd July 2023

* Selection test differs for every programme

About eMasters in Economics, Finance & Public Policy

Understanding the recent developments in economic and financial policies have always been the foremost priority of regulators and policymakers. The eMasters in Economics, Finance & Public Policy is designed to help you become integral to this dynamic policy planning and implementation process. In addition, the program offers an opportunity for LIVE interactions with senior experts from Ministries and multilateral institutions.

IIT Kanpur masters in economics


  • Learn and shape up your thought process on different aspects of public policy planning and implementation
  • Get an eMasters Degree from IIT Kanpur
  • Become a part of IIT Kanpur's alumni network and a lifetime association with the Economic Sciences Department in the IIT System
  • Learn from a leading research faculty group
  • Receive mentorship and career support from the IIT Kanpur placement cell
  • Opportunity to forge a meaningful network with diverse professionals

Why do participants choose the eMasters degree?

  • "A postgraduate in Finance, I have 3+ years of experience at a global investment management company as a Lead analyst. Going forward, I aspire to work as an ‘Economic Analyst’. I am interested in learning how organizations prioritize their investments, give stakeholders sustainable returns, and balance people, profit and the planet while making decisions across time horizons. This program will equip me with an understanding of the strategic avenues of an economy and an appreciation of the macro-picture. "
    Sri Rohit, Senior Fund Administrator with Global Investment Company with 4 years of experience
  • "I have been advising my clients on complex legal and policy issues across sectors. With guidance from IIT Kanpur, I can enhance my skills and contribute to meaningful action on policy issues. Upon completion, I will have a more precise direction in pursuing greater social impact. I am a member of the Internet Society and have volunteered for ChildLine Gorakhpur. After this program, I will use my enhanced skill sets to raise relevant policy concerns from a holistic perspective. "
    Shashan, Principal Associate with National Stock Broking Company with 9 years of experience


Learn from the experts at the forefront of cutting-edge research in economics and finance drawn from the Department of Economic Sciences, IIT Kanpur.

  • Vimal Kumar
    Ph.D., Economics, University of California, IrvineF
    Professor and Head, Department of Economic Sciences, IIT Kanpur.

    Political Economics, Game Theory
  • Bikramaditya Datta
    Ph.D., Economics, Columbia University, New York
    Assistant Professor, Department of Economic Sciences

    Economic Dynamics, Finance
  • Wasim Ahmad
    Ph.D., Delhi University
    Associate Professor, Department of Economic Sciences

    Macroeconomics, Financial Economics, Applied Econometrics, Emerging Market Finance, Risk Spillover Analysis, Clean Energy Finance


A well-researched real-world curriculum by IIT Kanpur’s subject matter experts that fosters hands-on learning and helps you master the desired capabilities by combining deep formal rigour and an intensely practical approach.


eMasters in Economics, Finance & Public Policy consist of Core (C), Specialization (S), and Electives (E) modules and Projects (P). Participants are given flexibility in deciding on electives and projects and follow the 6C + 3S + 2E + P structure.

  • Pricing

    Economic and Financial Data Analysis

    Introduction to Finance and Accounting

    Game Theory and Strategy

    Money and Banking

    Global Economy and International Finance

  • Applied Macroeconomics

    Contemporary Issues in Indian Economy

    Public Policy

  • Economics of Platforms

    Applied Corporate Finance

    Advanced Financial Econometrics

    Machine Learning Applications

    Program Evaluation

    Probability and Stochastic Systems

    Public Finance

Detailed Curriculum

Immersive Learning Format

  • Live Interactive Sessions
  • Projects
  • Online Examination
  • Campus Visit
  • Online LIVE and self-paced sessions are delivered through AI-powered iPearl.ai
  • Live interaction as per the faculty availability
  • Apply learnings through projects while working in teams and establish a peer network
  • Final module-level exams will be conducted across major cities in India
  • Opportunity to meet experts and experience the IITK campus during campus visits


  • BA/BCOM/BSc/BTech or Master’s degree in (Engineering, Science, Economics, MBA etc) with at least 55% marks or 5.5/10 CPI
  • Minimum of 2 years of work experience (You need not be currently employed to be eligible).
  • Candidates with relevant experience will be preferred.

Program Fee

Application fee ₹1500 (to be paid during application submission)

Fee structure for candidates opting to complete the program in 1 year.

Details Amount
Registration Fee
To be paid within 1 week of selection
Admission Fee
To be paid to complete enrollment
Module Fee
To be paid at the beginning of every quarter based on no. of modules selected
(Total 12 Modules)
₹45,000 per module
Quarter Fee*
To be paid at the beginning of every quarter
₹15,000 per quarter
Total Fee ₹8,00,000

*For every additional quarter, fees of Rs 15,000 will be applicable.
For Example

Candidates opting to complete the program in 5 quarters need to pay an additional fee of ₹15,000

Candidates opting to complete the program in 11 quarters need to pay an additional fee of ₹1,05,000

All other fees remain the same.

Fee paid are non-refundable and non-transferable

Frequently Asked Questions

The curriculum for eMasters in Economics, Finance & Public Policy comprises Core (C), Specialization (S), and Electives (E) modules and Projects (P). Participants are given flexibility in deciding on electives and projects and follow the 6C + 3S + 2E + P structure.

The Core Modules include

  • Pricing:
    The module covers the fundamentals of cost and its types, demand curves, price response estimation, monopoly and regulation, price discrimination, and strategic decision making under uncertainty. As the program introduces you to the tools to understand the basics of modern economic analysis, the initial emphasis has been placed on the pricing concept.
  • Economic and Financial Data Analysis:
    Through this module, participants will be introduced to various statistical tools and techniques and their applications in economics and finance. It covers concepts including descriptive statistics, correlation, covariances and population, hypothesis testing, regression, and its models and time series analysis. As part of the module, you will also learn to use statistical software such as R to demonstrate your learnings.
  • Introduction to Finance and Accounting:
    The module provides a foundational understanding of finance and accounting. Further, it will prepare you for advanced knowledge of electives and real-life applications. You will gain an insight into concepts like time value of money, risk and return analysis (optimal portfolio analysis, capital allocation framework), fixed income securities, derivatives, financial statements, financial ratios, dividends, business risk, and credit analysis.
  • Game Theory and Strategy:
    Strategic interactions are pervasive in all walks of life. The module aims to present a systematic study of these strategic interactions, focusing on their applications in businesses and public policy. Accordingly, you will learn in-depth about game trees, simultaneous move games, extensive form games, mixed strategy Nash equilibrium and applications, and cooperative game theory and applications.
  • Money and Banking:
    The module aims to provide a broader view of the different instruments of money markets and banking operations. Concepts highlighted in this module include money and its forms, banking management principles, interest rate analysis, banking, and monetary policy and financial regulation.
  • Global Economy and International Finance:
    Get introduced to the economics of international markets and how international considerations affect financial and economic models. The concepts included in the study cover globalization, the foreign exchange market, currency, quotes and prices, the balance of payments, exchange rate systems, interest rate parity conditions, and exchange rate determination.

The Specialization Modules include

  • Applied Macroeconomics:
    In this module, you will have gained a firm understanding of tools to analyze economies subject to macroeconomic influences, both foreign and domestic. The topics coming under its purview include inflation, deflation, monetary policy and accounts, fiscal systems, external accounts, risk assessment, and a glimpse into current macroeconomics prevailing during and after pandemics.
  • Contemporary Issues in the Indian Economy:
    The primary aim of this module is to introduce you to the basic macroeconomic indicators of the Indian economy. Give an insight into the analysis of the income sources and various fiscal indicators, tax devolution, cooperative federalism, finance commission, sectoral understanding, and its contribution to the economy. Further, learn about the monetary and financial developments of the country and indicators covering socio-economic aspects of India's economy.
  • Public Policy:
    In this module, you will get a glimpse into the role and processes of government in the economy. It also reviews the empirical tools, including the role of data and statistical tools required to study the efficacy of government policies.

The Elective Modules include

  • Economics of Platforms:
    Digital platforms such as Amazon, Zomato, Uber, Netflix, and Facebook, among many others, have become an essential part of our life. In this module, you will systematically study the economics of these platforms, emphasizing their applications in public policy and businesses.
  • Applied Corporate Finance:
    The module is designed to provide an applied role of corporate finance in investment decisions from investors' and firms' perspectives. The topics covered include corporate finance concepts, capital budgeting, stock valuation, capital asset pricing model, portfolio and factor models (APT, Fama, French), cost of equity estimation, and long-term financing.
  • Advanced Financial Econometrics:
    The primary aim of this module is to provide you with an understanding of various tools and techniques along with their applications used for better understanding and investment decisions. The topics covered include autoregressive conditional heteroscedasticity models, panel data modeling, limited dependent variable model and their applications in policy design and implementation, simulation methods, and event-study analysis.
  • Machine Learning Applications:
    In this module, you will be introduced to machine learning (ML) and computational tools to implement ML schemes on economic data sets.
  • Program Evaluation:
    This module aims to equip you with tools and techniques for policy evaluation. The module is beneficial to the bureaucrats and industry experts involved in the grassroots-level monitoring and implementation of public policies.
  • Probability and Stochastic Systems:
    Understanding probability is critical to study a world replete with randomness and uncertainty. Through this module, you will learn not only how to solve challenging technical problems but also be exposed to various ways in which probability is applied in the real world.
  • Public Finance:
    The module covers different dimensions of public finance and is expected to provide a practical understanding of public finance, from policy making to its implications.

About IIT Kanpur

Established in 1959 by the Government of India, Indian Institute of Technology Kanpur (IIT Kanpur) is a globally acclaimed university for world-class education and research in science, engineering, management and humanities. We aim to provide leadership in technological innovation for the growth of India.

  • Ranked 4th by NIRF in the Engineering category, 2022
  • Built on world-class academic research culture
  • Offers various undergraduate, post-graduate, integrated, and research programs in the field of engineering, science, management, and design

State-of-the-Art Digital Learning Platform

The eMasters Program by IIT Kanpur will be delivered on iPearl.ai, a State-of-the-Art digital learning platform powered by TalentSprint. iPearl.ai, highly rated for its user experience, is a direct-to-device platform that works seamlessly on any internet-connected device and provides a single sign-on experience for all your learning needs, including recorded videos, reading material, live interactive sessions, assignments, quizzes, discussion forums, virtual lounges and more.