B.Sc. in Economics and Finance is a three-year full-time undergraduate course. The minimum eligibility for which is that a student should have passed mathematics in his senior school years (class XI and XII). Admission to the course is based on a candidate’s valid score in a relevant entrance test followed by a Personal interview or counseling.
Some of the top colleges or institutions that offer B.Sc. in Economics and Finance degree are:
- Indian School of Business and Finance, New Delhi
- Ashoka University, Sonepat
- Russell Square International College, Mumbai
The average course fee charged for B.Sc. in Economics and Finance course in various institutions in India ranges from INR 8,50,000 - INR 21,00,000.
B.Sc. in Economics and Finance is one of the most exciting courses for the students having a knack for knowing how the global economies work. During the curriculum, students gain insights into the course and theory of finance whilst learning the investigation models of finance with respect to large economies.
The graduates of B.Sc. in Economics and Finance degree are offered one-year full time paid internships at international banks like Deutsche Bank and Morgan Stanley. They also secure jobs at various big multinational companies like Accenture and American Express. With the increase in experience and expertise, a student can climb up the ladder of success.
Top Colleges for Bachelor of Science [B.Sc] (Economics and Finance)
B.Sc. in Economics and Finance: Course Highlights
|Duration of the course||3 Years|
|Examination Type||Semester (Annual in ISBF)|
|Eligibility||Should have studied Mathematics at 10+2 level|
|Admission Process||Exam based (ISBF)
Interview based (Ashoka University etc)
|Course Fee||INR 8.5 to 21 Lacs|
|Average Salary||INR 5 to 15 Lacs|
|Top Recruiting Companies||Accenture, American Express, Citi Bank|
|Job Profile||Financial Analyst, Corporate Finance, Investment Analyst, Risk Analyst etc.|
B.Sc. in Economics and Finance: What is it about?
B.Sc. in Economics and Finance is an interdisciplinary undergraduate program that combines the economics and finance studies to make an individual industry ready. Today’s fast globalizing world witnesses big economies being interconnected to huge financial flows. In such a scenario, a degree that provides wholesome knowledge of finance, as well as economics, is the most exciting undergraduate course that one can pursue.
The students are taught the theories and principles of economics in this program which are then applied to the financial systems and organizations. B.Sc. in Economics and Finance degree aims to enrich a student with the analytical tools of mathematics, statistics, economics, and econometrics along with the applied institutional knowledge of finance. These skills help a person to solve all kinds of problems arising in finance and are of utmost value in the field of management.
B .Sc. in Economics and Finance degree teaches a person to apply the tools and frameworks of financial economics whilst understanding the global economies at stretch makes him future ready to solve real industry or corporate problems of finance and economics.
B.Sc. in Economics and Finance: Top Institutes Table
|Name of the Institute||Location||Average Course Fee|
|Indian School of Business and Finance||New Delhi||INR 21,00,000|
|Ashoka University||Sonepat||INR 8,50,000|
|Russell Square International College||Mumbai||INR 7,50,000|
B.Sc. in Economics and Finance: Eligibility
Candidates willing to take up the B.Sc. in Economics and Finance course need to fulfill the following eligibility criteria:
- Candidate must have either completed class XII at the time of submitting an application or must be appearing in class XII or equivalent in the same year in which he/she is seeking admission.
- If the class XII boards result score is available at the time of application, it must be submitted along with the application form in order to make it complete.
- Candidate must have studied Mathematics in Class XI and XII.
B.Sc. in Economics and Finance: Admission Process
Most of the institutes give admission in B.Sc. in Economics and Finance course based upon a candidate’s score in the relevant entrance test followed by a personal interview round after the Admission Committee of college shortlists them. Candidates are shortlisted on the basis of their Class XII board results.
For instance, Indian School of Business and Finance conducts its own entrance test namely iMET. The students are tested on their basic English and logical skills and their ability to apply mathematical concepts and tools that they learned till class X. Following this is an interview round wherein the candidate is tested for his confidence, attitude, knowledge, and personality.
For the Ashoka University, after the candidates’ applications have been approved by the Admission Committee of the college, they have to appear in Ashoka aptitude test (AAT) followed by an on the spot essay and a personal interview with the panel. In order to secure admission, candidates have to do fairly well in all these.
B.Sc. in Economics and Finance: Syllabus and Course Description
|Year 1||Year 2||Year III|
|Introduction to Economics||Microeconomics||Quantitative Finance|
|Mathematics 1||Macroeconomics||Monetary Economics|
|Mathematics 2||Elements of Econometrics||Corporate Finance|
|Statistics 1||Further Mathematics for Economists||-|
|Principles of Banking and Finance||-||-|
|OPTIONAL SUBJECTS: (anyone to be chosen)|
|Economics of Development|
|International Political Economics|
B.Sc. in Economics and Finance: Career Prospects
After a degree in B.Sc. in Economics and Finance, students can work as Financial Analysts, Economists, Investment Banker, Risk Analysts, Consultants, Finance and Economics Researchers etc. A lot of good companies like Ernst and Young, American Express, Citi Bank, Accenture etc. hire such candidates.
Apart from stepping into the corporate industry, students can also opt for masters programs in various fields such as Economics, Econometrics, Finance, Political Economy, Public Policy, International Affairs/ Relations or a Masters in Business Administration (MBA) degree altogether.
Related B.Sc. in Economics and Finance courses are:
Read about more Bachelor of Science (B.Sc.) courses
|Job Profile||Job Description||Average Salary|
|Financial Analyst||Assessing the trends of stocks and another type of investments in order to provide guidance to the businesses as well as individual’s investment decisions.||INR 4,00,00- 7,00,000|
|Investment Banker||Helps their clients by raising their capital so as to finance their businesses and help it grow||INR 9,00,000|
|Risk Analysts||Analyses the company or firm’s portfolios and international bonds and investments etc. so as to minimize the risk in any decision made by the firm||INR 5,00,000- 7,00,000|
|Consultant||Aids the client as well as the firm by giving them an objective opinion backed by a functional expertise.||INR 8,00,000|
|Economist||Carefully studies the way resources are used and the costs and benefits involved in utilization of these resources||INR 7,00,000|