Director’s Message

We are currently marking a quarter century since the forces of liberalisation, marketisation, and globalisation started to move the Indian economy on an upward development trajectory and make India count as one of the better economic performers among the family of nations. During the same time period, the demand for sound economics and financial literacy has been steadily increasing.

The Madras School of Economics (MSE) has also completed two decades since its founding by well known economist, Dr Raja Chelliah with support from the Government of India, the State Government of Tamil Nadu, leading industrialists, economists, and many public sector banks. Within a short span of time, it has emerged as one of the leading institutions in India for both the teaching and research of economics. At a time when economics and finance have become critical subjects of inquiry, we are pleased to have our students come from all parts of the country seeking a top class Master’s degree. The Doctoral program continues to grow. The faculty of MSE remain very committed to teaching our graduates even as they maintain their active research programs. The Institute is privately funded (and not for profit) and MSE’s activities are guided by an independent Board of Governors under the visionary leadership of its current chairman, Dr C. Rangarajan. MSE has also been home for the past 12 years to the Centre for Excellence in Environmental Economics, funded by the Central Ministry of Environment, Forest and Climate Change.

At present, MSE offers five post graduate degrees leading to a M.A. degree in (a) General Economics, (b) Financial Economics, (c) Actuarial Economics, (d) Applied Quantitative Finance, and (E) Environmental Economics. The school is home to about 275 students and offers these degrees in collaboration with the Central University of Tamil Nadu at Thiruvarur. These 5 graduate programmes are unique and equal in their treatment as we follow a quantitative, data driven, analytical approach in all tracks. Potential employers of MSE graduates find our students to be well versed in economic theories and have a solid command of quantitative techniques and econometric software. MSE alumni have been placed well over the years and work in various fields ranging from academia to analytics, from banks to NGOs, and from research think tanks to policy making bodies.

On behalf of the faculty and staff of the Madras School of Economics, I invite you to explore the website and learn more about our offerings in these exciting areas of study.

Dr. Sunder Ramaswamy
– Director