gokhale institute of politics and economics pune 411004 · objectives are research in the...

GOKHALE INSTITUTE OF POLITICS AND ECONOMICS (Deemed to be University u/s 3 of the UGC Act, 1956)

Pune 411004

ADDRESS

Academic Section,

Gokhale Institute of Politics and Economics

846, Shivajinagar, BMCC ROAD, DECCAN GYMKHANA,

Pune – 411004 (Maharashtra)

Website: http://gipe.ac.in/

E-mail: [email protected], [email protected],

[email protected](for International applicants only)

Telephone: (020) 25683300, 25683384, 25683385, 25683387, 25650287

mailto:[email protected]


mailto:[email protected](for

G o k h a l e I n s t i t u t e o f P o l i t i c s & E c o n o m i c s A d m i s s i o n s B r o c h u r e 2 0 2 0

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ABOUT THE INSTITUTE

Gokhale Institute of Politics and Economics (GIPE), Pune, is one of the

oldest research and training institutes in Economics in the country. Its primary

objectives are research in the socio-economic dimensions of the Indian society,

and training to researchers in this domain. Established in 1930 by the Servants of

India Society, the Institute is registered under the Societies Registration Act, 1860,

and the Bombay Public Trusts Act, 1950.

In view of the eminent and sustained contribution of the Institute to

teaching, training and research in Economics since its inception, and in

recognition of its potential to emerge as a centre of excellence in the field of

teaching and research in Economics, the University Grants Commission, in 1993,

granted to the Institute the status of an Institution Deemed to be University.

Physical and Academic Infrastructure

Academic infrastructure of the Institute includes the DR Gadgil Library

(with a collection of over 280,000 books/periodicals), Auditorium (capacity 320),

Seminar Hall (capacity 80), Conference Room (capacity 30), 14 classrooms

(equipped with LAN/Wi-Fi, desktop/laptop and LCD projector) and two

Computer Labs (of capacity 40 and 64).

The residential infrastructure includes Boys’ Hostel (capacity 48) and

Girls’ Hostels (capacity 186), both fully equipped with LAN/Wi-Fi networks for

24x7 access to the Internet. The residential campus also houses residential

accommodation for teaching/non-teaching staff, a guest house, and a

multipurpose hall.

A Legacy of Contributions to Socio-Economic Policy-making

The main thrust areas of research at the Institute are Agricultural

Economics, Rural Development & Cooperation, Population Studies, Input-Output

Studies for Planning & Development, Microeconomics, Macroeconomics,

Monetary Macroeconomics & Finance, Public Economics, and International

Economics.

Since its inception in 1930, Gokhale Institute of Politics and Economics is

renowned for its initiatives in qualitative research in diverse areas of economic

theory and practice. Its studies on Poverty, Rural Employment Guarantee

Schemes and Cooperatives were instrumental in shaping public policies, and in

formulating economic plans at the local and regional level. GIPE is one of the

handfuls of research institutions in the country to carry out research on

demographic problems facing the country.

The Institute is credited with pioneering contributions by way of surveys,

research, informed debate and analysis which has shaped the public discourse on

major socio-economic initiatives in the State of Maharashtra, as well at the

national level.


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CHAIR PROFESSORSHIPS

The Institute houses four prestigious Chair Professorships:

RBI Chair Professor of Finance for research and teaching in Monetary and

Financial Economics (funded by Reserve Bank of India)

D.R. Gadgil Professor of Planning and Development

(funded by Planning Commission of India)

Ford Foundation Professor of International Economics

(funded by Ford Foundation)

Kamalnayan Bajaj Chair Professor of Industrial Economics

(funded by Kamalnayan Bajaj Foundation)

RESEARCH CENTRES

The Institute houses three research centres:

Agro Economic Research Centre (AERC)

The Union Ministry of Food and Agriculture established AERC at the

Institute in 1954. The AERC has contributed to major research studies in

Agricultural Economy of India. Over the past seven decades, the centre has

completed over 200 studies.

Population Research Centre (PRC)

The Union Ministry of Health and Family Welfare established PRC at the

Institute. The centre is credited with pioneering methodologies in demographic

surveys. The PRC has undertaken various studies

Centre for the Study of Social Exclusion and Inclusive Policy (CSSE&IP)

It is established under the University Grants Commission XI Plan. The

CSSE&IP at GIPE is a multi-disciplinary research centre that conducts research

and teaching in the areas of social exclusion, studies on discrimination, and

inclusive policy.

TEACHING PROGRAMMES AT GIPE

Although primarily a research Institute, GIPE has also been recognized as

a teaching institution for the award of the Master’s and Ph.D. degrees in

Economics, Agricultural Economics and Population Studies. The flagship

postgraduate program in Economics offered at the institute is a nationally

acclaimed and coveted program. Of late, in keeping with the need of the present-

day economy, the Institute has launched Master’s Degree programmes in

Economics, Financial Economics, Agribusiness Economics, and International

Business Economics & Finance.


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M. Sc. (Economics)

The M. Sc. (Economics) programme offered at the Institute comprises

twenty papers, spread over four semesters. The curricular content of the

programme exposes students to basic concepts in economic theory and practice,

quantitative techniques, emerging theories and empirical research which equip

them to apply acquired knowledge to interpret diverse real-world situations.

The programme is designed to develop among students a strong, broad-

based academic foundation in economic theory and its application as well as

excellent transferable skills that enhance their professional prospects in the

banking, finance and business analytics sectors, corporate organizations,

government and non-government establishments and regulatory agencies,

national and international development agencies., etc.

M. Sc. (Financial Economics)

The M. Sc. (Financial Economics) programme is designed to meet the

increasing demand in this domain, by combining solid training in economic theory

with practical exposure to the field of finance through a variety of specialized

options. The course is especially distinctive in the link it establishes between

economic theory, quantitative finance and financial regulation.

The M. Sc. (Financial Economics) programme is distinct from the

conventional finance programmes, notably on account of its emphasis on the

three-way linkage between macroeconomics, financial markets and financial

regulations. Inputs in quantitative finance in the form of compulsory papers in

Financial Economics, Computational Finance and Financial Engineering are

highlights of the programme. In addition, the programme provides for full length

courses on Project Appraisal & Finance, Structural Products, M&A, and

Investment Banking, among others.

M. Sc. (Agribusiness Economics)

The M. Sc. (Agribusiness Economics) programme prepares students for

careers in the agribusiness sector, both as officers in agribusiness organizations,

and as economists in agribusiness related research organizations. The academic

content of the program has three major modules: an Economics module, a

Management module, and an Agribusiness module. The economics module equips

students with the core economics principles as well as advanced quantitative

techniques that are the basic tools used to analyze questions of business and

policy. The agribusiness module complements these tools with a broad grasp of

the current theory, data, and issues (both business as well as policy) surrounding

the agribusiness sector in India. The management module provides students with

an overview of essential managerial skills such as accounting, finance, marketing,

supply chain management, risk management, and insurance.

The three modules together provide students with the necessary

theoretical knowledge to embark on a successful career as officers in agribusiness

organizations, or as economists in agribusiness related research organizations. In


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addition to numerous field trips during the program, students hone their practical

skills in a 2 month internship with leading sector organizations at the end of the

first year of the program.

M. Sc. (International Business Economics & Finance)

This programme is a unique course designed for careers in international

trade, foreign portfolio investment, foreign direct investment, international

technical/financial collaboration and joint ventures, international finance and

portfolio management, etc. In addition to the learning of advanced economic

theory and its applications, the curricular structure of the programme is designed

to provide critical learning in the domain of international trade policy, practices

and regulations, international corporate finance, international economic

institutions, etc.

Computer Applications for Economic Analysis (CAEA)

The Institute also supplements the core academic programmes with a

Certificate Course in Computer Applications for Economic Analysis (CAEA).

CAEA helps students to employ them in various academic and research

institutions.

Where do students go after graduating from the Institute?

The students of the Institute are being employed in academic research

institutions, international agencies, non-governmental agencies working in

developmental issues, financial institutions, forecasting companies, analytic

firms, insurance companies, banking sector, retail sector companies, consulting

firms, economic journalism, etc.

ADMISSION TO M.SC. PROGRAMMES

General

Candidate must read the prospectus, procedure, and eligibility

criteria before applying for the programmes and satisfy himself/herself

that he/she is eligible for admission. Candidates must remember that ‘fees

will not be refunded to candidates who do not satisfy the eligibility criteria

for admission.’ After completion of the admission process (document

verification), the institute will admit them as students and allot Permanent

Registration Number.

Undertakings by Candidates

Candidates have to give two undertakings as per the UGC norms and

Government of Maharashtra resolution at the time of admission/document

verification (SEE ANNEXURE-III).


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Eligibility

Candidates seeking admission to M.Sc. (Economics), M.Sc. (Financial

Economics), M.Sc. (Agribusiness Economics) and M.Sc. (International Business

Economics & Finance) must secure at least 50% marks in the aggregate (45% for

SC/ST reserved category candidates) at graduation level.

Candidates who have appeared for the final degree examination during

2019-20 and whose results are awaited shall also be eligible to apply. However,

in order to be considered for admission to the programme, their results must be

conveyed by the respective universities to the Institute, preferably by fax/speed-

post, on or before Friday, June 28, 2020. Students may request their respective

universities to dispatch their results to the Institute in confidence, in case

declaration of results is delayed beyond the last date stipulated by the Institute.

Pattern of Entrance Examination

Candidates seeking admission to the M.Sc. programmes shall be

required to appear for GIPE ‘Common Entrance Examination’. The entrance

examination will consist of 100 objective type questions, each question carries

one mark, and of 120 minutes duration. There will be “no negative marking”

for wrong answers.1 The medium of the Entrance Examination will be

“English”.

Candidates are expected to be familiar with the content of a standard

Economics course taught at the undergraduate level as well as national and

international economic issues of importance at present and in the recent past. The

list of broad topics that are to be covered in the entrance test is given below:

Section A: Aptitude in Mathematics and Statistics (30 marks)

1. Descriptive Statistics- Measures of Central tendency- Measures of

dispersion- Correlation and Regression Coefficient - Probability Theory-

Index Numbers.

2. Mathematics for economics - Algebra, Calculus and Matrix Algebra.

Section B: Analytical Ability and Reasoning (20 marks)

Analytical Ability and Reasoning

Section C: Undergraduate level knowledge in Economics (50 marks).

1. Microeconomics (Demand Curves, Price and Income Elasticity of Demand,

Cost Curves, Equilibrium of Firm under different market structures).

2. Macroeconomics (National Income, Theory of Income Determination,

Fiscal and Monetary Policy, Trade and Balance of Payments).

3. Basic theories of growth and development.

1 The HIGH COURT OF JUDICATURE AT MADRAS, Writ Petition No.14596 of 2013, and,

M.P.Nos.1 and 2 of 2013, Judgement Delivered on: 01.02.2019.


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4. Recent developments in Indian Economy and international economic

issues of contemporary importance.

How to Apply for Entrance Examination

Students seeking admission to the M. Sc. Programmes shall visit the

website www.gipe.ac.in and click the appropriate link provided there.

The candidates must fill the application form as per instructions provided

therein and submit it online along with application fee of Rs. 1,500

(Payment gateway charges extra)

The candidates must pay ‘application fee’ only through the ‘payment

gateway’ by using Debit/Credit Card or Net Banking facility.

Date of Entrance Examination

The Entrance Examination will be held on

“Sunday, 14th June 2020, from 10.00 a.m. to 12.00 noon.”

Closing Date for Application Form

Last Date for Submitting “Application Form” is

“Friday, May 29, 2020”

Centres for the Entrance Examination:

The Entrance Examination will be conducted at the centres specified below. Candidates should specify their choice of centres while filling up the application form Name of the Centres:

Ahmedabad Dehradun Kolkata Raipur Bengaluru Ernakulum Lucknow Ranchi Bhopal Guwahati Mumbai Varanasi Bhubaneshwar Hyderabad Nagpur Chennai Jaipur Patna Delhi Jammu Pune

IMPORTANT INSTRUCTIONS

The applicants shall be required to enter in prescribed place in the

application form their order of preference for the M.Sc.

programmes.

No change in the preference will be accepted once after the

submission of the application form.

http://www.gipe.ac.in/


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Candidates are required to report at the respective Centres at 9.30

a.m. on the day of the Entrance Examination to complete all

procedures to enter in the “Computer Lab”.

Date of Announcement of the Result

The result of the Entrance Examination will be uploaded on the

website of the Institute and displayed on the Notice Board at the

Institute on tentatively on Friday, June 19, 2020.

Allocation of Seats

The total number of students admitted to each M.Sc. programme

will be FORTY. In addition, a few seats (Supernumerary) are

allotted to the candidates belonging to different groups, as

explained below.

Admission to a particular programme shall be offered on the basis

of the merit of the student in the GIPE Entrance Examination,

preference/s indicated by him/her, and vacant seats available for

each programme.

The allocation of seats shall be as per Government of India

guidelines, subject to the directives of the UGC/Central/State

governments as may be applicable at the time of admission.

Presently, 50.5% of the seats in the open merit category and the rest

in the reserved category subject to certain performance criteria in

the Entrance Examination. Reserved category seats shall be allotted

to SC (15%), ST (7.5 %) and OBCs (27%).

Supernumerary Quota

The Institute reserves 5 per cent seats (supernumerary) in each

programme for the candidates who are domiciled residents of the

State of Jammu and Kashmir.

The Institute reserves one seat (supernumerary) in each

programme for candidates belonging to Physically Handicapped

(PH) category.

The Institute admits candidates belonging to economically weaker

sections (EWS) as per the policy and direction of the Government of

India from time to time at the time of admission in each programme

(supernumerary).

The Institute reserves rights to increase or decrease seats for

foreign nationals (supernumerary) in each programme.


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Additional Clarifications

Admission to the M. Sc. programme shall be granted strictly based

on merit rank in the GIPE Entrance Examination.

The Institute has no ‘Management Quota’.

The Institute reserves the right to increase the number of seats if

required.

The percentage of unreserved seats may vary with new guideline

and reservation policy of the Government of India.

Unfilled seats from the reserved category shall be transferred to the

open category.

In case of any dispute, the decision of the Admissions Committee

of the Institute shall be final and binding on the candidates.

The schedule of the process and procedure of admissions shall be

notified separately on the website of the Institute.

Candidates must ensure to have all required mandatory documents

with them before depositing “Admission fees”.

The institute will not be responsible for any monetary loss of a

candidate if he/she is not eligible for the admission in any category

/quota and he/she deposits admission fees.

ADMISSION PROCEDURE

After the announcement of the result of the entrance examination,

the Institute will notify the schedule of the process of admissions

separately on the website of the Institute and also communicate to the

candidates as per the list of merit and rank in the entrance examination,

and their preference-wise rank in respective courses. Admission shall be

strictly in order of merit.

Verification of Documents

Admission to the Programmes will be provisional and shall be

subject to confirmation by the “Admission Committees” of the

Institute upon physical verification of original documents.

The submission of all original required documents/certificates

within a stipulated time is mandatory.

The decision of the Admission Committees in the matter of

admission, verification of documents and program-wise allocation

of seats shall be final and binding on the candidates.


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Candidates shall submit the following original certificates at the

time of document verification:

a. Transfer Certificate/ Leaving Certificate

b. Statement of Marks

c. Migration Certificate

d. Caste Certificate (for Reserve Categories)

e. Domicile Certificate of Jammu and Kashmir (for residents of J&K)

f. Certificate of Disability (for Physical Handicapped Candidates)

g. Valid Non-Creamy Layer Certificate (for OBC and those

categories, which are required to submit it to claim reservation

quota as per government rules).

Closure of Admissions

Admissions to all programmes shall close on August 21, 2020.

Cancellation of Admission and Refund of Fees

Candidates cancelling “confirmed admission” will be entitled to

refund of aggregate fees (inclusive of tuition fees and non-tuition fees but

exclusive of caution money and security deposit) as per UGC guidelines, as

follows:

i. If an applicant cancels admission on or before 20-7-2020, the

Institute shall deduct processing charges equivalent of 10% of the

aggregate fees and refund the balance 90%.

ii. If an applicant cancels admission during the period from 21-7-

2020 to 31-7-2020, the Institute shall deduct 20% of the aggregate

fees and refund the balance 80%.

iii. If an applicant cancels admission during the period from 1-8-2020

to 20-8-2020, the Institute shall deduct 50% of the aggregate fees

and refund the balance 50%.

iv. If an applicant cancels admission on or after 21-8-2020, the

Institute will forfeit the full amount. The applicant shall be eligible

to get only ‘refundable deposits’ under refund amount.

Orientation Programme in Basic Mathematics

The Institute will conduct lectures on ‘Basic Mathematics’ with a

regular course for students whose score in the Mathematics/Statistics

section of the entrance test is below a threshold as determined by the

Institute. Attendance shall be mandatory for such students.


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Course Structure and Syllabus

Prospective students are advised to visit the institutional website

www.gipe.ac.in for complete information on the Course Structure and the

Syllabus of the respective programmes before they submit their

preferences.

Accommodation facility for Entrance Exam

Students appearing in the Entrance Examination at Pune and

desirous of seeking accommodation in the hostels of the Institute should

send their request for accommodation well in advance. Accommodation

shall be provided on a sharing basis at the rate of Rs. 350/- per day per

person, subject to availability.

FEE STRUCTURE

The tuition fees/other fees/deposits, payable for admission to the M.Sc. Programmes, are specified in the Annexure I and II

M.Sc. (Economics), M.Sc. (Financial Economics), M.Sc. (Agribusiness Economics) and M.Sc. (International Business Economics & Finance) are subsidised programmes of the Institute. No concession in fees for these programmes shall be admissible for any student, including reserved category students.

Tuition and other fees, as notified in the Annexure I and II, shall be strictly payable in full for the whole year, online through the payments gateway by Debit/Credit Card or Net Banking. In addition to the fees, the students may be required to bear nominal charges towards study tours.

HOSTEL ACCOMMODATION

Limited hostel accommodation with moderate facilities is available

on sharing basis. Hostel accommodation shall be granted on the basis of

merit.

Subscription to the hostel mess is compulsory, and all students will

be required to pay the mess charges in advance along with the hostel fees

at the time of admission in the hostel.

Procedure for Hostel Admission

Students who wish to avail hostel facility should submit their

request for admission in the prescribed Hostel “application form”

(to be downloaded from www.gipe.ac.in).

Students are required to mail filled “application form” to the

Academic Office only after the confirmation of admission.

Students who are granted admission to the hostel shall be required

to pay the requisite hostel fees by Demand Draft (DD) drawn in




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favour of Gokhale Institute of Politics and Economics, payable at

Pune at the time of joining the Institute.

COMMENCEMENT OF THE TEACHING PROGRAMME

The teaching programme for all four Programmes will commence

from Monday, July 20, 2020, at 9.30 a.m. All students admitted to the

above-mentioned Programmes shall be required to attend regular lectures

from the first day of each semester.

ANTI-RAGGING RULES

Ragging, whether inside or outside the Institute campuses, is strictly

banned by law. Instances of ragging, if any, shall be dealt strictly in accordance

with provisions of UGC Curbing the Menace of Ragging in Higher Educational

Institutions Regulations 2009. Complete provisions of the above Regulations

and details of Anti-Ragging Committee, Anti-Ragging Squad and Anti-Ragging

Helpline are provided separately on the institutional website www.gipe.ac.in.

OTHER RULES & REGULATIONS

Prospective students are also requested to visit the institutional website www.gipe.ac.in for the following information:

1. Course Structure and Syllabus of M.Sc. programmes 2. Academic Calendar 2020-21 3. Rules governing M.Sc. programmes 4. Rules related to minimum attendance 5. Hostel rules and regulations 6. Awards instituted for meritorious students 7. Qualifications and experience of regular faculty/visiting faculty

For further details, contact

Academic Section, Gokhale Institute of Politics and Economics 846, Shivajinagar, Pune – 411004 (Maharashtra) E-mail: [email protected], [email protected](for International applicants only) Telephone: (020) 25683300, 25683384, 25683385, 25683386, 25650287




mailto:[email protected](for


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ANNEXURE I

Fee Structure for M.Sc. (Economics)

Fee Structure for M.Sc. (Financial Economics)

Fee Structure for M.Sc. (International Business Economics and Finance)

(Batch 2020-22)

Particulars All Categories

Amount Rs.

A. PROGRAMME FEES (Per Annum)

(i) Admission Fees 7,000.00

(ii) Tuition Fees 136,000.00

(iii) Other Fees

Library Fee 1,500.00

Magazine Fee 1,000.00

Students' Co-curricular activities and amenities, etc 1,500.00

Sports Activity Fund 1,500.00

Students' Aid Fund 1,500.00

Students' Welfare Fund 1,000.00

Development Fund 2,500.00

Fee for Internal Examinations including tutorials, etc 2,500.00

Fee for Semester-end Examinations 2,500.00

Fee for Statement of Marks 1,000.00

Fee for IT Services 4,500.00

Fee for I-Card 500.00

Placement Cell Fund 1,500.00

TOTAL (A) (i), (ii) and (iii) 166,000.00

B. DEPOSITS (Refundable)

Library Deposit 1,000.00

GRAND TOTAL (A+B) 167,000.00

P.S. 1) In addition to above fees, students wishing to apply for the Hostel accomodation will have to pay.

Hostel Fees, Mess Charges and Deposits separately on availability and allotment of the Hostels.

2) Library Deposit is refundable after completion of the programme. 3) I-Card fees will be collected during 1st year only. In case of misplacement or damage if any, for

issuance of new card, Rs. 500/- charged separately.


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ANNEXURE II

Fee Structure for M.Sc. (Agribusiness Economics) – (Batch 2020-22)

Particulars All Categories

Amount Rs.

A. PROGRAMME FEES (Per Annum)

(i) Admission Fees 7,000.00

(ii) Tuition Fees 90,000.00

(iii) Other Fees

Library Fee 1,500.00

Magazine Fee 1,000.00

Students' Co-curricular activities and amenities, etc 1,500.00

Sports Activity Fund 1,500.00

Students' Aid Fund 1,500.00

Students' Welfare Fund 1,000.00

Development Fund 2,500.00

Fee for Internal Examinations including tutorials, etc 2,500.00

Fee for Semester-end Examinations 2,500.00

Fee for Statement of Marks 1,000.00

Fee for IT Services 4,500.00

Fee for I-Card 500.00

Placement Cell Fund 1,500.00

TOTAL (A) (i), (ii) and (iii) 120,000.00

B. DEPOSITS (Refundable)

Library Deposit 1,000.00

GRAND TOTAL (A+B) 121,000.00

P.S. - 1) In addition to above fees, students wishing to apply for the Hostel accomodation will have to pay.

Hostel Fees, Mess Charges and Deposits separately on availability and allotment of the Hostels.

2) Library Deposit is refundable after completion of the programme. 3) I-Card fees will be collected during 1st year only. In case of misplacement or damage if any, for

issuance of new card, Rs. 500/- charged separately.


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ANNEXURE-III

Undertaking-I

“I hereby promise that, during the academic year 2020-21, I have not

taken admission to a degree or postgraduate degree of this or any other

university. I also promise to return one of these degrees or postgraduate degrees

in case, it is found that I have taken admission to degree or postgraduate degree

of this or any other university.”

Date:

Place: Signature

--------------------------------------------

(Name of Candidate )


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Undertaking-II

Register Their Names In Electoral Roll

On ………………………………………… date, I have completed or going to

complete 18 years of age. I promise to register my name in the electoral roll as

soon as I complete 18 years of age. For that, I am submitting downloaded

specimen forms duly completed in all respect at the study center.

Date:

Place: Signature

--------------------------------------------

(Name of Candidate )

Note: Student can download these format by clicking this Link: https://ceo.maharashtra.gov.in/Downloads/Forms.aspx.

Refer: As per Maharashtra State Government Resolution no. 2016/iz-Øz- 683/16 fof”&3 fnukad 15 es 2017, it is mandatory for him/her.

https://ceo.maharashtra.gov.in/Downloads/Forms.aspx