Academic specialisation and returns to education: Evidence from India

B. Saha, R. Sensarma

    Research output: Contribution to journalArticlepeer-review

    2 Citations (Scopus)
    109 Downloads (Pure)

    Abstract

    We study returns to academic specialisation for Indian corporate sector workers by analysing cross-sectional data on male employees randomly selected from six large firms. Our analysis shows that going to college pays off, as it brings significant incremental returns over and above school education. However, the increase in returns is more pronounced in the specialisations of management and engineering, and less so in the specialisations of science, arts and commerce. Some of the less attractive specialisations, such as commerce and science, tend to make up by rewarding progression from Bachelors to Masters. Short-course diplomas are also rewarding.
    Original languageEnglish
    Pages (from-to)501-520
    Number of pages20
    JournalJournal of Education and Work
    Volume24
    Issue number5
    DOIs
    Publication statusPublished - 1 Nov 2011

    Keywords

    • economic development
    • educational economics
    • human capital
    • rate of return

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