Career As An Environmental Economist: Eligibility | Top Colleges | FAQs

Career as an Environmental Economist: Environment and Economics are the two major topics these days, essential for us to live harmoniously. An Environmental Economist’s job is to create balance, between the natural forces and the industrial forces of humans. ‘Judicious’ is the approach that an Environmental Economist has to take to deal with the problems that arise. Environment and Economy don’t necessarily work against each other, but in a multitude of cases, one tries to dominate the other.

As an Environmental Economist, one gets the theoretical as well as practical knowledge of the economic incentives that humankind gets when using its and nature’s resources judiciously, as well as the damages that human greed can cause when the economy decides to accelerate without keeping the environment in radar.

One can get a Masters’s degree or career as an Environmental Economist in India. These are of two types:

• Masters in Arts Environmental Economics
• Masters in Science Environmental Economics

ALSO CHECK: Environmental Engineering Course In India: Eligibility | Colleges | Scope

Career as an Environmental Economist: Eligibility

• 10+2 passed with any stream, all are eligible.
• Should have a minimum of 50% marks in aggregate in 10+2.
• Should have passed from a well-recognized board.
• Should have done Bachelors in Economics or Geography or any such related field.
• Should have graduated from a well-recognized college/university.
• Should clear any entrance, personal interview set by the college for admission.

Top Environmental Economics Colleges in India

• Madras School of Economics, Chennai
• MPC Autonomous College, Mayurbhanj
• Faculty of Law University of Delhi, New Delhi
• Rainganj Surya Nath Mahavidhyalaya, West Bengal
• School of Development Studies, New Delhi

ALSO CHECK: Science Success Guide After 12th (E-Book): 100+ Futuristic Career Options

Environmental Economics Job Prospects

• Economist
• Environmentalist
• Writer
• Conservationist
• Educator
• Professor
• Researcher

Salary Concerned

Career as an Environmental Economist is a fresh new concept in the corporate world, according to set policies by respective authorities it is mandated that every company is involved in some kind of activity that benefits the environment. More than anything companies should be well aware of how they can optimise their benefits without stomping on the environment.

Environmental Economist is in hot demand in the corporate world and can look forward to a very well paid job. The average starting salary of an Environmental Economist is around the range of Rs.4 lakh to Rs.8 lakh per annum.

Career as an Environmental Economist: Frequently Asked Questions (FAQs)

• Is a career as an environmental economist a culmination of the two or an independent course in itself?

The Environmental Economics course is an independent course, it has some aspects of what would be taught in some other degree related to Economics or environment, but what this course focuses on is the sustainability of these two concepts for the betterment of humanity.

ALSO CHECK: Career In Ayurveda In India: BAMS | Eligibility | Job Prospects

• Is the Masters in Arts Environmental Economics different from Masters in Science Environmental Economics?

Yes. The two degrees, Masters in Arts and Masters in Science are different than each other in terms of their approach to studying. Masters in Arts is more theoretically grounded whereas Masters in Science contains more practical work. But at the same time, it does not mean one degree is superior to others.

• What are the job duties in career as an environmental economist?

An environmental economist views and predicts the impact of environmental events on the local, national, and global economic balances. Environmental economics jobs apply field research data to economic incentives. They use the resulting models to assess markets, trading, and outcomes.