BBE is a course in applied economics, much in demand today. In business economics you study production, distribution & consumption of goods & services on the applications of economic policy in particular areas such as finance, labour, agriculture, transportation, energy & health and so on. Business economics deals with the analysis of the behavior of firms in markets and industries and with determination of costs and prices. The job of a business economist therefore involves making the business strategy for a company and undertaking investment or risk analysis.
You can pursue a master’s degree in economics after BBE, and seek employment in financial institutions, MNC banks, financial services, insurance and specialized management consulting organizations. You can also appear for the Indian Economic Service (IES) .IES is the gateway to a challenging career in which selected candidates join the service as Group-A officers. They are placed in the Planning Commission, Planning Board, Ministry of Economic Affairs, National Sample Survey and other departments that need specialists in economics. You can also do an MBA.
Any person with minimum 18 years of age and having a high degree of aptitude for mathematics and statistics can take up Actuarial Science and become an Actuary. You can take up actuarial science after BBE, but generally, first class graduates or postgraduates in Mathematics, Statistics or Econometrics are in a better position than others to qualify as actuaries.
To qualify as an Actuary, a candidate has to pass all examinations in the prescribed subjects. In addition, he has to comply with other criteria such as experience requirement and attendance at a professionalism course prescribed for the purpose. To get more details visit following website (www.actuariesindia.org)
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