Environmental Economics

Environmental-Economics MSE has completed more than a dozen research projects and conducted several training programmes in environmental economics. MSE implemented a successful 5-year nationwide capacity building programme in environmental economics. The Ministry of Environment and Forests has designated MSE as one of its nine Centres of Excellence. MSE is the only Centre whose focus will be on environmental economics. The thrust areas of the Centre of Excellence include the following:

Managing and hosting a web-site on environmental economic
Development of economic instruments for pollution prevention and control
Trade and Environment Issues
Environmental Cost-Benefit Analysis
Policy assistance to the Ministry in environmental economics
Organization of training programmes

MSE has developed a website on environmental economics (www.mse.ac.in/coe) which contains more than 3500 abstracts, information on various research projects in India, environmental legislation, case studies of green business, and a list of academic institutions offering courses or doing research in environmental economics.

MSE has also been designated as an ENVIS Centre under the Environmental Information System of the Ministry. The Centre brings out a quarterly newsletter.

Accreditation by the National Assessment and Accreditation Council

International Economics

MSE offers elective courses in international economics in August 2003, a Peer Team of the National Assessment and Accreditation Council (NAAC) (of the UGC) visited MSE and carried out a thorough assessment of the School’s work and its quality. On the basis of this assessment, the Accreditation Committee of the NAAC has accredited MSE with ‘A’ Grade for a period of five years. A copy of the certificate of accreditation is attached.

Financial Economics

MSE offers a Post-Graduate course in Financial Economics in collaboration with Anna University. MSE has a research lab in Financial Economics in collaboration with GE Money called GE Money – MSE Decision Science Lab.

In August 2003, a Peer Team of the National Assessment and Accreditation Council (NAAC) (of the UGC) visited MSE and carried out a thorough assessment of the School’s work and its quality. On the basis of this assessment, the Accreditation Committee of the NAAC has accredited MSE with ‘A’ Grade for a period of five years. A copy of the certificate of accreditation is attached.

Financial-Economics The Peer Team of the NAAC made the following observations under the heading “Overall Analysis” in its draft report on institutional accreditation of MSE.

“The Peer Team, after going through the Self-Study Report and assessing the various academic and infrastructure facilities, is very much impressed by the notable progress of Madras School of Economics in translating into action its vision and goals of advancement of the frontiers of knowledge in the domain of higher learning and research in Economics. The institution has earned a good reputation for imparting quality education in economics to the younger generation. The institution has an added name throughout the country for its critical and policy oriented research output. The teachers and staff have imbibed the spirit of academic excellence and service to the society. Teaching, learning and evaluation get their rightful emphasis in the institution. One can also discern high research culture among faculty members. The institution has been successful in mobilizing sizeable resources for research from various agencies.

Organization and financial management are efficient and transparent. Infrastructure facilities are good on the campus. The institution has several healthy practices to its credit which would promote the all-round personality development of the students. Further, one could also see an atmosphere of learning and harmony of vision in the academic fraternity of this institution. It is indeed gratifying to note that the institution has been able to sensitize the students of not only of Tamil Nadu but also other states regarding the utility of quality higher education in economics.

The administration of the institution is transparent and encourages democratic participatory interactions with teachers, non-teaching staff and students. An appreciable functional relationship between this institution and Madras and Anna Universities is apparent.”

The Peer Team also made a number of suggestions for the sustained growth and advancement of MSE. The important ones being the following :

Development programmes of new Centers of Excellence, varied facilities for newer research projects and the likely increase in demand for students’ facilities are to be integrated into a master plan for the future development of the institution. Some more land may be procured for future needs. A time-bound and prioritized execution of such a plan would be highly desirable.

It is a good move to get the Deemed to be University Status for MSE. For achieving this goal, the academic and physical facilities have to be expanded apart from mobilizing more financial resources.

Since the institution has varied expertise, it may think of organizing different useful training programmes.