One account
Many possibilites
Economics and Finance is an undergraduate program offered for three years and it includes economic theory, financial and cost accounting, mathematics, and statistics. Conceptual tools are introduced to the students for the evaluation of economic systems, the modelling of financial decisions and quantitative research methods. The curriculum includes knowledge about macroeconomics, microeconomics, econometrics, corporate finance, investment, banking, public finance, international trade, economic development and much more. The program prepares students with technical and analytical skills that will enable them to undertake careers in financial sectors, policymaking organizations, economic research organizations, consulting companies, think-tank organizations, and other alike organizations.
Candidates who have passed their Grade 12 examinations with some subjects as mathematics, accounts, economics or business studies are eligible to apply. The entrance examination can be SAT, ACT, International Baccalaureate Diploma, A Level, GCE O & A Level, CBSE, Indian state boards, etc Some universities may also accept the AP, SAT subject scores, recommendation letters for economics and finance program. International students must produce IELTS or TOEFL scores to be eligible for a placement. This means that there’s always fierce competition in each applicants admission file, and the criteria that are considered include; academic records, extra curriculum co-curricular achievements, research experience and personal achievements to name but a few.
| Highlights | Details |
|---|---|
| Full Form | Bachelor of Science in Economics and Finance |
| Duration | 3 years |
| Course Level | Undergraduate |
| Eligibility | 10+2 in any stream with minimum 50% marks, mathematics as a compulsory subject |
| Top Colleges | University of Delhi, Jawaharlal Nehru University, Indian Institute of Technology, Bombay University, Christ University |
| Entrance Exam | CUET, DUET, JNUEE, IIT-JAM, college-specific entrance exams, merit-based admissions |
1. Pass in 10+2 in any stream, Science, Commerce or Arts, with minimum 50% marks in aggregate.
2. For reserved category students through lateral entry admission tests, minimum 45 % of marks in 10+2 in aggregate is needed.
3. English as one of the subjects has become inevitable for most of the colleges at the 10+2 level.
4. Maths is mandatory in 10+2 to take admission in premier institutions for this course.
5. There are some colleges that have their own entrance examination, while the rest accept students based on their 10+2 scores.
6. In some of private colleges, there is the round of personal interviews to offer admission as part of the selection process.
| Highlights | Details |
|---|---|
| Microeconomics | Consumer behavior, production, market structures, welfare economics |
| Macroeconomics | National income, inflation, unemployment, fiscal policy, monetary policy |
| Financial Management | Financial planning, budgeting, investing, financing, risk management |
| Econometrics | Statistical analysis, regression, hypothesis testing, time series analysis |
| Mathematical Economics | Linear algebra, calculus, optimization techniques, game theory |
| International Trade | Trade theories, tariffs, exchange rates, balance of payments |
| Public Finance | Taxation, public expenditure, public debt, fiscal federalism |
| Banking and Financial Systems | Banking systems, financial markets, instruments, regulations |
| Financial Markets and Institutions | Stock market, bond market, mutual funds, insurance companies |
| Research Methods | Research design, data collection, analysis, interpretation |
| Electives | Choose from subjects like international finance, financial derivatives, etc. |
| Specialization | Job Profile | Average Salary (per annum) |
|---|---|---|
| Financial Analyst | Financial Planning, Budgeting, Forecasting | ₹5,50,000 - ₹9,50,000 |
| Investment Banker | Mergers, Acquisitions, IPOs, Corporate Finance | ₹8,00,000 - ₹15,00,000 |
| Economist | Research, Policy Analysis, Forecasting | ₹6,00,000 - ₹12,00,000 |
| Risk Management | Risk Assessment, Mitigation, Management | ₹7,00,000 - ₹14,00,000 |
| Portfolio Manager | Investment Management, Asset Allocation | ₹8,50,000 - ₹18,00,000 |
| Financial Consultant | Financial Advisory, Planning, Strategy | ₹6,50,000 - ₹13,50,000 |
| Data Analyst | Data Analysis, Interpretation, Visualization | ₹5,00,000 - ₹10,00,000 |
| Business Development | Market Research, Strategy, Growth | ₹6,00,000 - ₹12,50,000 |
| Policy Analyst | Policy Research, Analysis, Implementation | ₹5,50,000 - ₹11,00,000 |
| Academic Research | Research, Teaching, Publication | ₹5,00,000 - ₹10,50,000 |
