- Degree Course Type
- Entry Level Qualification
- Degree Course Duration
- Course Fields
- Degree Course Entrance Exam
- Average Course Fee
- Average Salary Offered
- Course Details
- Course Highlights
- About Course
- Why Choose Course And Required Skills
- Eligibility
- Entrance Exams Details
- Degree Course Syllabus
- Top Colleges
- Course Fees
- Top Recruiters And Salary
- Course Scope And Career Options
- Admission Process
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Course Details
MASTERS OF BUSINESS ECONOMICS
Degree Course Type
Masters
Entry Level Qualification
Graduate
Degree Course Duration
2 Year
Course Fields
Economics
Degree Course Entrance Exam
Average Course Fee
10000 - 200000
Average Salary Offered
300000 - 400000
Course Highlights
Some of the major highlights of the Master of Business Economics (MBE) is as follows:
Course Name | Master of Business Economics |
Short Name | MBE |
Course Level | Masters |
Examination Type | Semester-wise |
Eligibility | Bachelor's Degree in the relevant field |
Duration | 2 years |
Course Fee | INR 10,000 to Rs. 2 lakhs |
Job Profiles | Business Economist, Asset Manager, Market Analyst, Operations Manager, etc. |
About Course
Masters of Business Economics (MBE) is a postgraduate course that offers knowledge about microeconomics, macroeconomics along with quantitative techniques and applied environmental economical concepts. It imparts practical and theoretical knowledge about economic aspects along with management education which helps students in the critical assessment of the national and international policies and changes in government framework and regulations.
MBE provides students with the right skillsets for analysing the financial market, financial forecasting, and calculation of risks. The course is the right choice for aspirants who have a keen interest in national and international economic problems and can collect, interpret, and represent a large amount of data. Aspirants should also have adequate knowledge about the world economy and the global financial market.
Why Choose Course And Required Skills
There are many complex and soft skills that MBE graduates need to possess to succeed in their careers. These are not necessarily skills that students can get in a classroom setting. Instead, these are skills that are learned through experience. Therefore, students should always put in the effort to go out of their comfort zone and gain as much experience as possible. Some of these skills include:
1. Quantitative Analysis Skills
2. Research Skills
3. Analytical Skills
4. The Ability to Work Under Pressure
5. Interpersonal Skills
Eligibility
1. Minimum Qualification Required: A bachelor’s degree in commerce/ mathematics/ statistics/ B.Tech/ business administration
2. Minimum Marks Required: 45% to 55%. However, the minimum marks may vary from institute to institute
Entrance Exams Details
The admission process for the Master of Business Economics is either conducted on the basis of entrance exam or on the basis of merit. Candidates are selected on the basis of their marks scored in the entrance examinations of an institute.
Degree Course Syllabus
First Year:
Micro Economics Analysis | Impact Analysis & Project Appraisal | Legal Environment and Business |
Applied Business Statistics | Fundamentals of Economics | Marketing Management |
Organizational Behaviour & Development | International Trade & Business | Principles of Business Finance & Accounting |
Second Year:
Industrial Economics | International Trade & Business | Economics of Services |
World Trading System | Global Finance | Economics of Natural Resources & Environment |
Sustainable Development and Business | Indian in the Contemporary World Economy | Research Projects |
Top Colleges
Following is some of the top colleges offering Commerce and Banking course:
St. Andrew College of Arts Science & Commerce (Mumbai, Indraprastha College for Women (New Delhi), Stella Maris College (Chennai), K. J. Somaiya College of Arts and Commerce (Mumbai), Hansraj College (Delhi). You can explore these colleges on our website to check if they offer Masters of Business Economics (MBE) or not.
Course Fees
The average fee for Masters of Business Economics (MBE) is INR 50,000 per year.
Top Recruiters And Salary
Job Profile | Job Description | Average Salary |
Business Economist | For decision-making, market economists apply economics. He uses the economic analysis techniques to explain issues, arrange and analyse knowledge and compare alternative courses of action. | INR 6,00,000 |
Asset Manager | An asset manager manages asset management such as cash, assets, stocks, precious metals, shares, and immovable property. He / she manages assets which an entity or a person owns, leases and subleases. Fund managers determine which assets to purchase by undertaking extensive research into these assets. | INR 10,10,000 |
Market Analyst | A market analyst is responsible for analysing business trends for assessing future product and service revenues. A market analyst's aim is to help marketers decide which goods are on demand, who will buy the products and the price they are willing to pay. | INR 3,50,000 |
Operations Manager | An operations manager is a vital member of a management team and performs high-level HR responsibilities, such as recruiting talent and setting expectations for training and hiring procedures. They also evaluate and strengthen organizational processes, and work towards enhancing efficiency, profitability and effectiveness. | INR 4,50,000 |
Financial Analyst | Financial analysts are responsible for monitoring financial performance of an organization against a schedule, evaluating operating results and market trends to produce estimates, and assisting senior management in making operational and strategic decisions by producing periodic reports. | INR 4,00,000 |
Consultant | Consultants provide companies advice and experience to help them enhance financial, productivity, management, structure and strategy efficiency of their company. | INR 11,00,000 |
Financial Advisor | A Financial Advisor provides clients with financial planning and guidance to help clients meet their financial goals. Financial advisors assist clients in the management of their existing assets and investments and in acquiring additional assets as needed / wanted. | INR 5,00,000 |
Investment Banker | An investment banker may undertake several activities for a client, but the investment banker's key task is to raise capital by issuing securities, whether it be debt or equity. Investment bankers may also present outcomes for decision-making purposes to their clients. | INR 10,00,000 |
Course Scope And Career Options
An ample number of employment opportunities are available for aspirants after the completion of MBE program. As the course provides candidates with right skill sets, one can start working as a manager or as an economist. Some of the popular job roles for MBE postgraduates are:
1. Business Development
2. Brand Manager
3. Economist
4. Marketing Agent
5. Business Finance Associate
6. Business Analyst
7. Manager
8. Zonal Business Manager
9. Teacher
The suitable employment areas for candidates with Masters in Business Economics degree:
1. Schools/Colleges
2. Business Parks
3. Finance Departments/ Firms
4. Banks
5. Stock Exchanges
6. Trade Centres
Admission Process
The admission process for the Master of Business Economics is either conducted on the basis of entrance exam or on the basis of merit.
Direct Admissions
Some of the colleges in India admission to the MBE course on the basis of merit which is also known as Direct Admissions. Through this pathway, candidates are selected on the basis of their marks scored in the Intermediate examination. For this, candidates simply have to apply to the college. After the board results are announced the colleges will release their cut-off scores. If candidates have scored more than or equal to the cut-off scores of the intended college will be eligible for admissions in the same.
Admissions through Entrance Exams
The second way for MBE admissions is on the basis of entrance exams. Candidates are selected on the basis of their marks scored in the entrance examinations of an institute.
