Master of Business Economics [MBE] Syllabus, Course Structure and Program Schedule 2024-2025

Master of Business Economics course structure is carefully designed and is regularly updated to make sure that the candidates enrolled are gaining the necessary knowledge in the world of business and finance. The major advantage of this syllabus and course structure is that no previous economic expertise is required to gain insights from it. One can learn from scratch even if he/she is not from an economics background. Economics along with managerial skills gives the candidate an edge over the competitors who apply economics in their business. MBE syllabus provides a strong ground in economic principles and analytics which leads to career progression extensively.

Master of Business Economics: Scheme of Assessment

Each college has two ways of assessing a student - internal and external.

Internal assessment includes - class participation, attendance, project work, assignments etc. Usually, the weightage given to this is around 20-30% depending upon the universities.

The rest is depended upon the external examinations which include the written examination of three hours conducted to evaluate the student theoretically. Also, all institutes conduct summer training for the students of about 8-10 weeks which is practical training. It starts in the third semester of the second year and lasts until the end of the course. It is necessary to get a minimum set of marks in both of them as set by the institution.

Master of Business Economics: Syllabus

The curriculum is made such that after the course is complete, the students are able to manage business resources which are scarce in nature effectively.

Along with these subjects are the optional subjects from which certain exams have to picked by the students which interest them in accordance with the institute. They are:

Advanced Econometrics
Time Series and Business Forecasting
Game Theory and Application
Marketing Research
Urban Transport Economics
Corporate Finance
Portfolio Management
Energy Economics
Agriculture Economics
Financial Risk Management
Ecosystem Services and Ecological Economics
Human Resource Management
Labour Economics
Managing Change in Organisations
Research Projects

Name of the Subject	Topics Covered	Description
Micro Analysis	Law of Demand, elasticity of demand, markup pricing, market failure, public goods etc	Also known as individual economics, it helps the students understand the basic economics nature of an individual and basic microeconomic concepts.
Macro Analysis and Policy	Fiscal policy operations, monetary policy operations and effects, aspects of the balance of payment effect of macroeconomic planning in the business world	It is also known as nation economics fro the reason that it teaches how the economy of the nation works by government expenditure on infrastructure and currency and how to moderate both of them leading to stable outcomes.
Business Statistics	Theory of probability, Mean deviation, sampling distribution, regression analysis, Hypothesis testing	The objective is to make students well equipped with data interpretation using statistical tools
Principles of Business Finance and Accountancy	Basic concepts of accountancy, single entry and double entry system, bond allocation, business statistic tools, and implementation.	To make aware of the basic concepts of accountancy with scratch and business facets to work on with the practical tools and instruments.
Industrial Economics	Theories of industrial location, mergers, and acquisitions, industrial productivity	It tells about the profitability in the industries and how firms operate and take decisions pertaining to product launching and differentiation.
International Trade and Business	Terms of trade, gains from trade, modern trade theories, trade in services etc	It makes aware how international trade works, and which good should a business choose to trade across to gain maximum benefit by looking at the demand-supply ratio.
Legal Environment and Business	Kinds of Contracts, The Sale of Goods Act, the Indian Companies Act, Business Ethics	To make the student legally aware of all the laws and acts related to the business environment and how ethics play a major part in company formation
World Trading System	Mercantilism, grains from a trade, evolution of trading system under GATT, challenges to the multilateral trading system.	It tells us the challenges encountered in the way of developing world trade and how the trading system under WTO and GATT revolutionized. It helps the students in getting to know the history of international trade and how systems worked earlier and some which are even prevalent now.
Global Finance	Global cash management, foreign investment decisions, hedging operations and forward trading in international finance	Students will become familiar with the global stock market operations and tax functions and measuring foreign exchange risk and taking the decisions of investment with the help of this knowledge.
Organizational behavior and Development	Individual behaviour at work, group dynamics, organisational processes, transactional analysis, and personal growth	It transforms the personality of the individual to work in a business set up and teaches him how to survive office politics and gain from it to make a fast career growth graph.
Project Appraisal and Impact analysis	Social cost-benefit analysis, financial appraisal, and techniques, risk analysis in project evaluation.	how to plan a project and implement them to gain results, introduction to entrepreneurship and concepts
Marketing Management	Philosophies of marketing, political and technical environment, product decisions, marketing channels	To be able to take marketing decisions under certain circumstances in the business environment
Fundamentals of Econometrics	Multicollinearity, heteroscedasticity, autocorrelation, Lags, Estimation of regression models using statistics.	To help the students use statistical tools while evaluation of samples and data and to well equip the students in econometrics applications
Economics of Natural Resources and Environment	Defining welfare changes, valuing environmental goods, the economics of biodiversity	To define the effects of business and industries on the environment and how to curb them practically via policies of taxes and cess, discuss the health and climatic effects.
Strategic Management	Corporate governance and strategy, strategy for global industries, competitive strategies and portfolio analysis	It shows what strategies should be used to gain an edge over the competitors in the national and international level and how to analyze our portfolio to gain maximum.
India in the Contemporary World Economics	Growth performance in the Indian economy, financial policies in an open economy, challenges of development, India in the developing world	It discusses the challenges and obstacles India had to face post-independence to gain world recognition, how financial policies work in an open economy and what should be done to optimally correct it.
Sustainable Development and Business	Pollution tax, ways to curb environmental damage, business ethics etc	To make a business which is environment-friendly such that the business takes care of the environment while making profits?

Along with these Internal and External examinations, various projects and assignments will take up the time of the students catching up become professionals in Business Economics.