B.Com. in Economics program is designed to meet growing needs for an analytical and quantitative approach to problem-solving ways in today’s fast-paced corporate world. The course involves thorough knowledge of latest techniques and applications involved in the field of Economics. This course aims to provide students with the requisite knowledge, understanding, thinking, and skills needed to deal with complexities of the economic system.
It further contributes in resolving problems of production and distribution of various resources and teaches how to apply different principles of Economics towards optimal utilization of resources. The aim of B.Com in Economics course is to offer students a basic theoretical knowledge and understanding of different structures of an economy, which it operates within, and its process of governance.
The program also intends to develop flexibility and adaptability among eligible students, besides the ability to respond and initiate positively and appropriately to change and contribute to the society. It even offers students an integrated understanding of various facts involved in an economy, such as consumption, distribution, and production.
|
Duration |
3 years |
|
Examination Type |
Semester system |
|
Course level |
Under graduate |
|
Course fee |
INR 30,000 to 6 lacs |
|
Average starting salary |
INR 3 to 16 lacs |
1. For those who are willing to go for higher studies in Economics and teaching field in both government and private colleges are suitable for this course.
2. Applicants must have economics skill such as public sector decision-making.
3. They should know how to apply economic analysis and quantitative skills to business and economics policy issues.
4. Abilities like multitasking, meeting deadlines on time, and supplement research with correct judgment and intuition are also required.
If you’re looking forward to getting admission in B.Com in Economics, here’s a list of various colleges and universities in India offering this course.
|
S.No. |
Institute/College |
City |
|
1 |
School of Management Studies |
Lucknow |
|
2 |
Lovely Professional University |
Jalandhar |
|
3 |
Amity University |
Lucknow |
|
4 |
BML Munjal University |
Gurgaon |
|
5 |
Integral University |
Lucknow |
|
6 |
Doon Business School |
Dehradun |
|
7 |
Poornima University |
Jaipur |
|
8 |
PDM University |
Bahadurgarh |
|
9 |
The University of Technology and Management |
Dehradun |
|
10 |
Sanskriti University |
Mathura |
|
11 |
Garden City University |
Bangalore |
|
12 |
City College |
Bangalore |
|
13 |
REVA University |
Bangalore |
|
14 |
St. Claret College |
Bangalore |
|
15 |
Bahra University |
Solan |
|
16 |
Career InfoTech |
Delhi |
|
17 |
Chandigarh Group of Colleges |
Mohali |
|
18 |
Raffles University |
Neemrana |
|
19 |
BFIT Group of Institutions |
Dehradun |
|
20 |
Amritsar college of engineering and technology |
Amritsar |
B.Com in Economics provides career option in various industries including aviation, finance, agriculture, consulting, academics, internal and international banking, etc. Economics pertains to multiple positions, and certain skills for an efficient application in the fields of statistics, finance, and economic data.
Using highly advanced techniques, professionals learn how to analyse data in order to solve practical problems. Most professionals even spend time developing their own formulas and methodologies to resolve economic problems.
Listed below are some of the essential career opportunities for B.Com in Economics graduates.
|
Job Profile |
Description |
|
Business Development Executive |
The business development executive job profile has evolved as part of the transformation of the business world to a global economy. The executive has to convey a strategic and pivotal role in the growth of a business enterprise. |
|
Business Analyst |
Business analyst is someone who analyses an organization or business domain and documents its business or processes or systems. He/she also has to assess the business model or its integration with technology. |
|
Business Risk Advisory |
Working with business managers, business risk officers anticipate and manage risks throughout the organization arising from inadequate or failed processes, people or systems, or from external events. |
|
Investment Adviser |
Investment adviser gives advice about securities to clients. For instance, individuals or firms that receive compensation for giving advice on investing in stocks, mutual funds, or exchange-traded funds are investment advisers. |
|
Data Analyst |
Data Analysts are responsible for conducting full life cycle analyses to include design, activities, and requirements. They develop reporting and analysing capabilities to monitor performance and quality control plans for identifying improvements. |
|
Economics Teacher |
Economics Teachers are responsible for preparing and delivering lectures to undergraduate and graduate students on the topic of economics, macroeconomics and price study. They also prepare course material such as syllabus, assignments, homework and handouts. |
|
Assistant Manager |
Assistant Manager is responsible for assisting employers. They require leadership skills for managing a group of sales people in retail or dishing out to servers in the restaurant. They need to keep a level head, should be able to multitask and have excellent management skills. |
|
Statistical Assistant |
Statistical Assistants help in creating reports, maintaining databases of statistical information, and storing the hard files of surveys. They also perform administrative duties, such as scheduling, data entry and word processing. |
|
Financial Director |
They are responsible for the financial health of an organization. They help in producing financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization as well. They work in many places, including banks and insurance companies. |
|
Senior Business Intelligence Analyst |
They gather company data through a number of ways, from collecting a company's computer data through software, looking at competitor data and industry trends to help develop a picture of where the company stands in the industry, where they can improve and where they can reduce costs. |
|
Healthcare Economics Analyst |
Healthcare Economics Analyst is primarily responsible for analysing and monitoring related data for the development, coordination and management of medical economics, models, health services outcome studies, etc. |
The admission to B.Com in Economics is usually merit-based. This means the admission depends on student’s performance at the Senior Secondary level. However, some colleges conduct entrance tests for shortlisting and admitting students to the course.
B.Com in Economics is a specialised course in itself. It helps students to develop a better understanding of the relationship between the disciplines of business management and economics in the business world. Consequently, graduates will be able to contribute to the basic inquiry, which informs strategic thinking and business management practices against a background and knowledge base of the business and economic environment.
The purpose of this program is threefold: to promote access to higher education, to qualify students for careers in the business/economics field, and to provide a platform for further business management or economics studies. This degree is aimed at students who are keen to study a broad-based commerce degree along with the opportunity to specialise in business management and economic practices.