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The B.A. (Hons.) Economics Program is designed to produce graduates trained in the application of knowledge in economics to real-life economic, financial, ethical and analytical problems encountered in the economy. The course will enable the students to effectively apply their knowledge and skills to situations of economic, institutional and policy making both in governance and industry.
The course has a rigorous focus on quantitative techniques and research methods which will orient the students in dealing with economic problems with a practical and analytical approach. The diversity and the spread of the course ensure that the students receive sufficient experience of the current issues and crisis of the world especially that of the emerging economies.
The principles courses include introductory microeconomics and macroeconomics, statistical techniques for economics, and mathematical techniques for economics. The second year would comprise intermediate microeconomics and macroeconomics, introductory econometrics, Indian Economy, public economics, and development economics. In third year, students will have options to pursue electives apart from intensive focus on Applied Econometrics and Financial Economics. Students will have 6 month internship in the last semester with major financial institutions and Government organisations
On completion of this intensive undergraduate program in Economics, students will get familiarity with historical and contemporary developments in the discipline of Economics and some program outcomes will be:
This undergraduate program in Economics aims at developing among students a sound theoretical understanding of the subject along with practical applications. The idea is to encourage broad based understanding with greater depth in areas of particular interest to students. Studying economics today opens up several possibilities for the future, and the idea is to guide students select their own trajectory in career advancement. For instance graduates typically will be suited for Investment Banks, Asset Management Firms, Management Consultancy Firms, Banking & Financial Services, Trading Desks, Tax & Advisory Firms, Economic Consultancy Firms, Policy Think Tanks.
Job profiles for Economics graduates include:
Financial risk analysts handle the process of Risk Management within an organisation and evaluate and predict events that might negatively impact the financial stability of organisations, such as insurance or trading companies, hedge funds and public sector organisations
Economic consultants study economic and statistical data in a certain area of specialisation, such as finance, labour, agriculture, etc., and complete various studies regarding economic phenomena and possible scenarios. Apart from conducting a thorough research using Mathematical and Statistical methods for financial companies and research institutes, Economic consultants make recommendations, policies, or strategies to solve economic problems or to interpret markets.
A flair for writing along with an Economics degree can take you places in the field of Economic Journalism. Basically, the job would involve studying and analysing economic phenomena world over and thereby drawing insights & inferences, and have your ideas published in periodicals and magazines
A financial manager is a person who assists the leading managers of all departments within a company and makes sure the organisation reaches its financial goal. Making use of excellent communication skills and analytical abilities, financial managers have to prepare financial reports, investment activities, and develop strategies to increase the revenues of a company.
An Auditor is responsible for reviewing the financial status and accounts of companies and organisations. The work of an Auditor is focussed on collecting information and checking if all financial statements and records are valid, legal, or presented in a fair manner.