Mumbai School of Economics and Public Policy (Autonomous) - University of Mumbai
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Mumbai School of Economics and Public Policy

(Autonomous)
University of Mumbai

Excellence in Education, Innovation in Research

About Us

The Mumbai School of Economics and Public Policy (Autonomous) at University of Mumbai is one of the premier institutions for economics and public policy education and research in Maharashtra. Established with a vision to foster innovation and excellence, our school has been at the forefront of economic analysis, policy research, and academic excellence.

We offer comprehensive postgraduate and doctoral programs designed to prepare students for successful careers in academia, government, industry, and research. Our curriculum is continuously updated to reflect the latest developments in economics and public policy.

104

Years of Excellence

2000+

Alumni Worldwide

100+

Research Papers

Mumbai School of Economics and Public Policy

From Director's Desk

Prof. Manisha A. Karne, Director MSEPP

Welcome to the Mumbai School of Economics and Public Policy. Our institution stands as a beacon of excellence in economic education and research. We are committed to nurturing the next generation of economists and policy analysts who will shape India's economic future.

Our programs are designed to provide students with a strong theoretical foundation combined with practical skills needed to address real-world economic challenges. We take pride in our diverse faculty, cutting-edge research, and strong industry connections.

- Prof. Manisha A. Karne
Director, MSEPP

History / Overview

The Mumbai School of Economics and Public Policy was established with the vision of creating a world-class center for economic education and research. Over the decades, we have grown from strength to strength, establishing ourselves as a leading institution in the field.

Our journey began with a commitment to excellence and a focus on producing graduates who are not only academically sound but also equipped to contribute meaningfully to society. Today, our alumni hold prominent positions in academia, government, international organizations, and the private sector.

The school has consistently been at the forefront of economic research, contributing to policy formulation at both state and national levels. Our faculty members are recognized experts in their respective fields, regularly publishing in top-tier journals and participating in national and international conferences.

MSEPP History

Mission & Vision

Our Mission

To provide world-class education in economics and public policy, fostering critical thinking, research excellence, and ethical leadership. We aim to produce graduates who can contribute meaningfully to economic development and policy-making at local, national, and global levels.

Our Vision

To be recognized as a premier institution for economics and public policy education and research, known for academic excellence, innovative research, and significant contributions to economic policy and development. We envision a future where our graduates are leaders in their fields, driving positive change in society.

Department Highlights

Academic Excellence

Consistently ranked among top economics departments in India

Expert Faculty

Distinguished faculty with international recognition

Excellence in University Department Ranking Framework (UDRF)

Awarded First Rank in the UDRF for the year 2023-24 with prize money of Rs. 10,00,000

Industry Partnerships

Strong collaborations with leading organizations

Global Recognition

International collaborations and exchange programs

Alumni Network

Strong network of successful alumni worldwide

Authorities

Governing Council

The Governing Council is the apex body responsible for the overall governance and strategic direction of the school.

Sr. No. Authority Name Designation
1 Vice-Chancellor (Chairman) Prof. Ravindra Kulkarni Chairman
2 Pro-Vice-Chancellor Principal (Dr.) Ajay Bhamare —
3 One MC member to be nominated by VC Sandip Singh —
4 One University Professor and one Principal to be nominated by VC Prof. M.S. Deshmukh Shivaji University
5 Two experienced professionals to be nominated by State Government Principal Somnath Vibhute —
6 Two experienced professionals to be nominated by State Government 1) ---) 2) --- —
7 One eminent Industrialist / Academician / Scientist to be nominated by VC Dr. Mrugank Paranjpe Industry Expert
8 Registrar Dr. Prasad M. Karande —
9 Director, MSEPP (Member Secretary) Prof. Manisha Karne Member Secretary

Programs Offered

MA Economics

A comprehensive postgraduate program covering advanced economic theory, quantitative methods, and policy analysis. The program prepares students for careers in research, policy-making, and academia.

Duration: 2 Years

Intake: 100 Students

Eligibility: Bachelor's Degree

Learn More

Course Structure

MA Economics Course Structure

Semester I

Core Papers (Mandatory)
  • Microeconomics I
  • Macroeconomics I
  • Basic Econometrics I
  • Basic Mathematics for Economists
  • Basic Statistics
Electives
  • Agricultural Development & Policy
  • Economics of Human Development
  • Economics of Climate Change and Resource Development
  • Health Economics
  • Public Choice
  • Urban Economics

Semester II

Core Papers (Mandatory)
  • Public Economics
  • Development Economics
  • Basic Econometrics II
  • Basic Mathematics for Economists II
  • Advanced Excel
Electives
  • Economics of Social Infrastructure
  • Gender Economics
  • Financial Economics
  • Industrial Economics
  • Rural Political Economy
  • Theory of Monetary Institutions

Semester III

Core Papers (Mandatory)
  • Microeconomics II
  • Macroeconomics II
  • Introduction to Data Analytics
  • Basics of Python
  • R Programming
Electives
  • Economics of Labour Market
  • Environmental Economics
  • Economics of Health and Education
  • International Finance
  • Indian Public Finance
  • Political Economy of Reforms

Semester IV

Core Papers (Mandatory)
  • Agricultural Economics
  • International Economics
  • Introduction to AI/ML
  • Stata/Eviews
Electives
  • Banking: Theory & Policy
  • Economics of Services
  • Financial Derivatives
  • Multiple Linear Regression & its Extensions
  • Time Series Econometrics
  • Trade Unions and Industrial Relations

Ph.D. Economics Course Structure

Coursework Phase (1 Year)

  • Advanced Microeconomic Theory
  • Advanced Macroeconomic Theory
  • Advanced Econometrics
  • Research Methodology
  • Specialization Courses

Research Phase (2-4 Years)

  • Comprehensive Examinations
  • Research Proposal Defense
  • Thesis Research
  • Publications and Presentations
  • Thesis Submission and Defense

Syllabus

Detailed syllabus for MA Economics program is available for download. The syllabus covers all core and elective courses with detailed course descriptions, learning objectives, and evaluation criteria.

Download MA Syllabus PDF

Detailed syllabus for Ph.D. Economics program including coursework requirements, comprehensive examination details, and thesis guidelines.

Download Ph.D. Syllabus PDF

Open Course Ware

Our Faculty

Prof. Swati Raju

Director & Professor

Specialisation: Finance Economics

Email: sraju@economics.mu.ac.in

Contact: +91 22‑26543556 / 26526942

Prof. Mala Lalvani

Professor

Specialisation: Public Economics

Email: mala.lalvani@gmail.com

Contact: +91 22‑26543141 / 26526942

Prof. Manisha A. Karne

Prof. Manisha A. Karne

Senior Professor

Email: manisha.karne@gmail.com

Contact: +91 22‑26543129 / 26526942

Prof. Suresh Maind

Professor

Email: sureshmaind123@gmail.com

Contact: +91 22‑26543127 / 26526942

Prof. Medha Tapiawala

Professor

Email: medha020@yahoo.com

Contact: +91 22‑26543195 / 26526942

Prof. Satyanarayan K. Kothe

Professor

Email: kothesk@gmail.com

Contact: +91 22‑26543128 / 26526942

Prof. G. Bharathi Kamath

Professor

Email: bharathi.g.shan@gmail.com

Contact: +91 22‑26543194 / 26526942

Prof. Anuradha Patnaik

Professor

Email: apatnaik@economics.mu.ac.in / Dr.A.Patnaik75@gmail.com

Contact: +91 22‑26543150 / 26526942

Prof. Subrata Mukherjee

Professor, Dr Babasaheb Ambedkar Chair in Political Economy

Specialisation: Political Economy

Email: msubrata100@gmail.com / subrata.mukherjee@economics.mu.ac.in

Contact: +91 22‑26543150 / 26526942

Arpita Jai Shah

Fellow B

Email: arpitajaishah@gmail.com

Contact: +91 22 - 26543150, 26526942

Ms. Supriya Nikam

Fellow B

Email: supriya.nikam@economics.mu.ac.in

Contact: +91 22‑26543150 / 26526942

Visiting Fellows

Academic Year 2019-20

(2 fellows)
Dr. Jeremy Edwards (6 Jan 2020 – 5 Feb 2020) – University of Cambridge (Retd.)
Prof. Sheila Ogilvie (6 Jan 2020 – 5 Feb 2020) – University of Cambridge

Announcements

14 Aug 2026

Eighth Merit List with Notice_Academic Year 2026-27

Eighth Merit List with Notice_Academic Year 2026-27

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31 Jul 2026

Seventh Merit List with Notice_Academic Year 2026-27

Seventh Merit List with Notice_Academic Year 2026-27

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23 Jul 2026

Sixth Merit List with Notice_Academic Year 2026-27

Sixth Merit List with Notice_Academic Year 2026-27

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10 Jul 2026

Fifth Merit List with Notice_Academic Year 2026-27

Fifth Merit List with Notice_Academic Year 2026-27

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04 Jul 2026

Fourth Merit List with Notice_Academic Year 2026-27

Fourth Merit List with Notice_AY 2026-27

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Events MSEPP

No guest lectures available at this time.

Research & Innovation

Research Areas

Econometrics

Advanced econometric methods and time series analysis

Development Economics

Poverty, inequality, and economic development policies

Public Policy

Policy analysis, evaluation, and implementation

Industrial Economics

Market structure, competition, and industrial organization

Monetary Economics

Central banking, monetary policy, and financial markets

Environmental Economics

Sustainable development and environmental policy

Research Centers

  • Center for Economic Research
  • Policy Analysis Center
  • Data Analytics Lab
  • Econometrics Research Unit
  • Development Studies Center

Publications

Journal Publications

Our faculty regularly publish in top-tier international and national journals including Journal of Econometrics, Review of Economics and Statistics, and Economic and Political Weekly.

Books & Monographs

Faculty members have authored several books and monographs on various aspects of economics and public policy.

Policy Briefs

Regular policy briefs and research reports on contemporary economic issues for policymakers and practitioners.