Bachelor of Science [B.Sc] (Economics)

Course delivery method for B.Sc. Economics in most of the colleges is Lectures, practical, project. Course curriculum includes varied topics of Economics.

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Following is the general subjects taught in B.Sc. Economics-

Topics Covered

Description

History of Economics Thought

History and origin of economics from ancient times.

International Trade and Policies

Understanding the regulatory framework of international trade and policies associated with them.

Monetary Economics

Understand the various terms of economics used in monetary areas.

Indian Economy: Problems and Policies

Policies of Indian economy and their challenges face by the country.

Micro Economics and Macro Economics

Learning the Microeconomics which isat individual and group level and macroeconomics which is at national level.

Fiscal Economics

Understanding the policies related to government revenue in our country.

Scheme of Assessment

Below table shows a generalized assessment scheme followed by most of the universities.

Weightage (%)

Internal (30%)

External (70%)

Section A -10%

Assignments/ presentations/ group discussion in class sessions

-

Section B -20%

Examination at mid-term

-

Section C -70%

-

Final Term Examination

Bachelor of Science [B.Sc] (Economics) : 10 answered questions

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Ques. How is B.Sc Economics at NMIMS Mumbai?

● Top Answer By Janvi Bhambri on 29 Jun 21

Ans. The B.Sc Economics course offered by the Sarla Anil Modi School of Economics of the NMIMS Mumbai is great and will be a wonderful experience if you factor out the cost of the course. Academics: The course is well balanced and the pedagogy not only includes core subjects but also from fields such as psychology, sociology, political science, IT, etc. The institute also hosts many guest lectures and seminars which offer a better understanding of the real world. The demerit of the course is that it is too focused and requires a lot of attention. Attendance is taken seriously. Fees: The yearly fee for the batch of 2017-20 was INR 2.5 lakhs. The university provides very limited accommodation options, so you need to live for yourself in Mumbai. Depending on your lifestyle and accommodation you will need another INR 3.5 lakhs to INR 7 lakhs per annum towards living expenses. So even if you take the lower amount, you will need close to INR 18 lakhs to INR 20 lakhs for the whole 3 years of the undergraduate program. Placements: Here are the placement stats released by the department for the batch of 2016-19. Total number of students – 87 Number of students opting for placements – 18 Percentage of students placed who opted for placements – 77% Highest salary – INR 11.60 lakhs per annum Average salary – INR 4.60 lakhs per annum Some recruiters – PwC, KPMG, Nomura, Kotak Mahindra Bank, Mu Sigma, JP Morgan India Services, IDBI Federal Life, etc. The experience is really good, but choose the institute only if you are willing to pay the huge fees for your undergraduate.Read more
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Ques. I'm doing PCME in 11-12th grade with no economics background. Can I pursue economics honours from symbiosis or any other college for undergrad?

● Top Answer By Sandip Pal on 27 Jun 21

Ans. Yes, you can undeniably pursue economics honors from any college, even if you didn’t have Economics in your 12th. The first semester in economics ug degree is dedicated to the basic and fundamental understanding of the subject, which is also taught in school. Thus, even if you have not studied the aspects of it in school, the college you are part of will certainly cover the topics you still have to know about. But if you are planning to do a course in Economics, it will be better to make yourself familiar with the basic concept of the course. Pick up some books on Economics after you are done with your entrance examinations if you are planning on giving any. My friends with Economics degrees suggested the following books that you can begin with. Introductory Microeconomics by Deepashree (taught in the 12th standard) Introductory Macroeconomics by Deepashree (for the 12th standard again) Principles of economics by Mankiw (this is taught in the college for the first semester or anytime during the first year) These are to name a few. You can likewise add on more.Read more
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Ques. Is a BSc in economics from Gokhale Institute better than that of the Symbiosis School of Economics?

● Top Answer By Deepika Kunwar on 20 Jan 21

Ans. For B.Sc in Economics, Symbiosis School of Economics should be considered before the Gokhale Institute of Politics and Economics.  Important information regarding undergraduate courses and the colleges are given below: Category Symbiosis School of Economics Gokhale Institute of Politics and Economics Admission Symbiosis Entrance Test GIPE Entrance Exam Duration 3 years 3 years Total Fees Rs. 6.4 Lakhs Rs. 3.9 Lakhs Total Seats 130 seats 60 seats Placement Percentage 80% 60% Highest CTC 7.65 LPA 12-13 LPA Average CTC 4.96 LPA 7.5 LPA Recruiting Companies TresVista, D.E Shaw Associates, Ernest and Young, Deloitte, Vodafone, Kingfisher Axis Bank, Gartner, Deloitte, HDFC Bank, JP Morgan Chase Curriculum: Symbiosis School of Economics: Symbiosis offers a great, rigorous B.Sc programme for economics which includes industrial training as well as internships.  The college has tie-ups with several international universities for international exchange programmes. Gokhale Institute of Politics and Economics: The college offers a well-rounded curriculum which focuses on theory and application of economic principles. The college includes project work, internships and placement assistance as a part of their course structure. Placement Opportunities: Symbiosis School of Economics: Symbiosis has a great placement cell which offers plenty of opportunities. The college invites companies like TresVista, CRISIL, IBM, Panasonic, Ernest and Young, D. E Shaw Associates every year for recruitment. The college has an extensive alumni network studying in international universities as well as working in major companies. Gokhale Institute of Politics and Economics: The placement opportunities are fairly good especially for M.Sc and M.A programmes while B.Sc students opt for higher studies. Symbiosis School of Economics is a good option for B.Sc in Economics. The college offers a great curriculum as well as good placement opportunities. The MSc and MA program has better placements than Symbiosis. But for BSc, Symbiosis will prove to be a better option.Read more
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Ques. Which is better BSc Economics from NMIMS or BMS from St. Xavier’s?

● Top Answer By Karishma Khatri on 21 Oct 20

Ans. Both NMIMS and St. Xavier’s are highly reputed institutes in Mumbai and ranked amongst the top 10. NMIMS is ranked 22nd by NIRF in the MBA category while St.Xavier’s is ranked 4th by The Week for Arts. NMIMS has international collaborations with University of Florida, TelAviv University and King's College London amongst many others. Both these institutes have highly qualified faculty who strive to curate global leaders. Admission Process NMIMS Admissions to BSc Economics at NMIMS is conducted through NMIMS NPAT. NPAT can be given within 5 windows and the best of three are used to shortlist the candidates. 30% of seats in each program are reserved for girls. St. Xavier’s At St.Xavier’s, students are given admission for BMS based on a 60% weightage to Entrance Test and 40% weightage of Class XII aggregate marks. Intermediate graduate or possess a diploma in any English branch with a 2/3/4-year duration after passing the SSC exam. The intake is 60 students per batch. Out of these, 50% seats are reserved for Christian Minority. Fee Structure The fees for Bsc Economics at NMIMS is 1.26 lacs per year.  The total fee at St. Xavier’s is 1.12 lacs per year. Placements NMIMS After BSc Economics at NMIMS, a student can pursue PG in economics/management, a career in finance/industry/banks, market research institutions as market analysts. The key placement highlights are: There is an average of 77% placement for this course. The highest CTC offered was 11.6 LPA The average CTC offered was 4.6 LPA 20+ summer internship offers The chief recruiters were Verity Knowledge Solutions, Tres Vista, JP Morgan India Services, Education International, Nomura St. Xavier’s After BMS, a student can get into administration & operations, project management (executive level), enterprise management, human resource management & development, data management & system analysis, sales & marketing, and financial management. The notable features about placement statistics are: The median salary is 4 LPA. Average placement rate over 50% The top recruiters are Accenture, Axis Bank, Crisil, Mahindra & Mahindra, and SAP. BMS and BSc Economics are entirely different fields to compare. Selecting a course and a college depends much on the present industry developments apart from personal interest. It is upto the individual to analyse and come to a conclusion after considering the stats.Read more
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Ques. Which is better BS Economics at IISER Bhopal, BTech Chemical Engineering at IIPE Vizag or BTECH Mechanical at IIITDM Jabalpur. I would prefer an interdisciplinary course.

● Top Answer By Akankshya Pattanaik on 14 Oct 20

Ans. Since we are looking at different streams of study, the curriculum that covers an interdisciplinary course would be Chemical Engineering at IIPE Vizag considering the entire curriculum has been designed by IIT Kharagpur. IISER Bhopal is known for its multidisciplinary structure and the economics program offers students with open electives to specialize in. The Mechanical Engineering program at IIITDM Jabalpur offers some of the best placements in the country and allows students to get a research-based educational experience. Based on some important factors, let us have a look at the difference between the programs and given institutions: Ranking: IISER Bhopal has been ranked at 28 by NIRF in 2018 and has been declared as an institute of National Importance by the Government of India. IIPE Vizag has a ranking of 22 within Institutes for Oil and Petroleum in India and observes IIT Kharagpur as its mentor institute. IIITDM Jabalpur observes a ranking of 65 for Engineering by JEE Cutoff in 2019. Admissions: Particulars IISER Bhopal IIPE Vizag IIITDM Jabalpur Course BS in Economics Sciences Chemical Engineering Mechanical Engineering Eligibility 10+2 with science stream and mandatory subject in Mathematics Minimum 75% score in 10+2 Minimum 75% with mandatory PCM/Biology/Bio-tech Qualifying Exams IISER, KVPY, JEE Advanced JEE Advanced JEE Mains Total seats 50 60 125 Fees 3.15 L 3.21 L 5.29 L Infrastructure: IISER Bhopal: Being a government-funded institute, IISER Bhopal has great infrastructure and is technologically inclined with the most updated software in practical labs for students to use. High-speed internet is available all throughout the campus and students are encouraged to use e-learning facilities available in their well-equipped smart classrooms. IIPE Vizag: The campus has been newly built with modern technology and offers a huge library with over 30,000 books which include e-books and journals. The institute facilitates practical labs by Andhra University and is also a pipeline for IIPE upgradation. The campus area is comparatively smaller but offers great facilities for students. IIITDM Jabalpur: The campus at IIITDM Jabalpur has two hostels and a residence hall along with multiple practical labs such as an Advanced manufacturing lab, biometric lab, computational lab, an open-air theatre, conference halls, smart classrooms, and a well-stocked library. It also has great LAN facilities that are functional in the hostels as well as on-campus. Faculty: IISER Bhopal: The faculty members are excellent and the majority of them are frontline researchers of India. IIPE Vizag: The faculty employed are all alumni members of prestigious institutions such as IIT and IIM and therefore are highly skilled in teaching, with their supreme academic expertise in the field of oil and petroleum. IIITDM Jabalpur: The teachers are IIITDM Jabalpur are extremely helpful and research-oriented in terms of their teaching methodology. Placements: Particulars IISER Bhopal IIPE Vizag IIITDM Jabalpur Course BS in Economic sciences Chemical Engineering Mechanical Engineering Placement Rate 85% 70% 90% Highest CTC 11 LPA 14 LPA 17 LPA Average CTC 7.2 LPA 8 LPA 7.5 LPA Top recruiters ICDSC, ISRO, BARC ONGC, Sun recruiting Amazon, Bhel, Canon Based on the given factors, students can make well-informed decisions regarding their preferred course and institution.Read more
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Bachelor of Science [B.Sc] (Economics) Colleges IN INDIA

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St. Xavier's College
Mumbai, Maharashtra
UGC
7.19 K first year fees
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Christ University
Bangalore, Karnataka
UGC
35 K first year fees
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42 K first year fees
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NSHM Knowledge Campus
Durgapur, West Bengal
AICTE
77.5 K first year fees
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NIMS University
Jaipur, Rajasthan
DCI
40 K first year fees
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53 K first year fees
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