Madras School of Economics is an institution of higher education in economics, located in Chennai, India. Madras School of Economics was founded in 1995 as a post-graduate institution for teaching and research in economics. MSE offers a two-year Master's program in General Economics, Financial Economics, Applied Quantitative Finance, Actuarial Economics and Environmental economics affiliated to the Central University of Tamil Nadu, and a Ph.D. programme affiliated to University of Madras. In 2018 April the AICTE approved Technical Institution started two P. G. Diploma Programs in Financial Engineering and Research & Business Analytics. MSE has undertaken a large number of research projects since its inception, including the World Bank sponsored Capacity Building Programme in Environmental Economics. The World Bank project involved research, training, curriculum, and overseas fellowship components which were coordinated by MSE. Subsequently, the Ministry of Environment and Forests approved the proposal to set up a Centre of Excellence in Environmental Economics at MSE. MSE has also served as an ENVIS Centre in Environmental Economics under the Environment Information System of the Ministry of Environment and Forests, Government of India. A dedicated program on Trade and Environment, with support from the Ministry of Environment and Forests, Government of India, has been initiated at MSE. With a very active research unit and well formulated curriculum, it has made its presence felt in both government as well as the corporate sector. With an in-depth subjective knowledge and wit, the students here have proved themselves within the various sectors they worked in, including consumer and corporate banking, academia, investment banking, analytics, research cells and various government bodies. It recently introduced a five-year integrated Master's course in Economics for school pass-outs. This is in collaboration with the Central University of Tamil Nadu with an intake of 50 students per year.
Founding members of the school
A. C. Muthiah - Chairman and President, Southern Petrochemicals Industries Corporation Limited Chennai
A. Sivasailam - Chairman and Managing Director Tractor and Farm Equipments Limited, Chennai
U. Sankar - Honorary Professor Madras School of Economics, Chennai
Areas of Specialization
The School's main areas of specialization are:
Actuarial Economics
Applied Quantitative Finance
Environmental Economics
Financial Economics
General Economics
The School has worked with a broad range of public and private partners to develop research projects on issues such as growth and globalization, environmental sustainability, and investment opportunities.
Centre of Excellence in Environmental Economics
The Ministry of Environment and Forest, Government of India has designated Madras School of Economics as a Centre of Excellence in the area of Environmental Economics. The Centre carries out research work on: Development of Economic Instruments, Trade and Environment, and Cost-Benefit Analysis. The Centre is primarily engaged in research projects, training programme and providing policy assistance to the Ministry on various topics. The Centre is also responsible for the development and maintenance of a website, and for the dissemination of concept papers on Environmental Economics.
"Arthiki" is an annual fest of Madras School of Economics, with many events like Quiz, Essay Writing, Crossword, Crisis Management etc. "Alpha" is a club to create a platform for the students, alumnus and faculty of Madras School of Economics to share their knowledge on topics related to finance and economics. The club conducts workshops, talks by eminent personalities from industry, quizzes and publishes a bi-annual editorial Athena, which is edited by expert student authors from the school and which has contributions from national and international academicians and students. The school also has SPIC MACAY cultural programmes.
