MBA Business Economics: Admission, Eligibility, Syllabus, Colleges, Scope, Jobs, Salary 2024

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Ahana Bhaduri

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The MBA in Business Economics is a two-year postgraduate course. Its goal is to embrace and understand economic concepts, learn about business-related difficulties, and develop the best possible solutions. Graduates of the MBA Program in Business Administration prepare for jobs in banking, general administration, economics and development planning.

Admission to the MBA in Business Administration requires that students achieve at least 50% of the total to be eligible to apply for the course. The entrance examination required for admission must be taken by the students. When applying for an MBA degree in Business Administration, students need to know about the admission requirements. 

See Also: MBA Admission 2024

After the personal interview, students can participate in group discussions and check the documents with the university before paying the fees. The best private recruiters are: Google, Microsoft, Intel, Reliance, Amazon, etc. Check: All Full Forms of Business Economics Courses

MBA Business Economics Course Details

Course Name Master of Business Administration in Business Economics
Course Level Postgraduate
Duration 2 Years
Admission Process Entrance Exam
Top Entrance Exam

CAT, CMAT, MAT, XAT, NMAT, SNAP, ATMA, GMAT

Eligibility A minimum of 50% average marks in graduation
Top Colleges St Joseph's Institute Of Management, Bangalore;
Institute Of Business Management, Csjm University, Kanpur;
Lal Bahadur Shastri Institute Of Management, New Delhi; and
Maharshi Dayanand University, Rohtak
Average Course Fees INR 5 - 20 LPA

MBA Business Economics Admission

The MBA Business Administration admissions process is based on cut-off scores from direct admission or grades achieved in the entrance examination. Admission to MBA courses does not depend on the specialization chosen by the student. 

See Also: MBA Skills Required

All invited applicants must complete the admission form online or offline, attaching all documents in this format including Aadhar card number, proof of address, place of residence, grade sheets 10, 12 and graduation grade sheet need to do it.

See Also: GD Topics for MBA Admission

After a group discussion, shortlisted students will attend face-to-face interviews with university/college experts. After the personal interview, students can participate in group discussions and check the documents with the university before paying the fees.

Eligibility

  • Students with a bachelor's degree must achieve at least 50% of the total and are eligible to apply for the course. 
  • The entrance examination required for admission must be taken by the student himself/herself.
  • There is no age limit for enrollment, so anyone can enroll. 
  • Some colleges/Universities demand at least one year of her relevant experience, the candidate can enroll in courses to hone and broaden her management skills.

Check: MBA Eligibility

Entrance Exams 

Exam Registration Period Exam Date
CAT August 5 – September 21, 2024 November 24, 2024
MAT Till 1st week of May 2024 3rd week of May 2024
ATMA Till 2nd week of February 2024 Last week of February 2024

MBA Business Economics Syllabus

Semester I Semester II
Operations Management Corporate Finance
Business Analytics International Business
Managerial Economics Organizational Behaviour
Accounting for Managers Marketing Management
Foundation of Management Operation Research and Management
Business Statistics Business Research Methodology
Business Environment Human Resource Management
Computer Application and E-Commerce Indian Social and Political System
Semester III Semester IV
Fundamentals of Econometrics Data Mining and Data Warehousing
Mathematical Statistics Economics of Business Strategy
Market Microstructure Business Analysis using MS Excel
Time Series Econometrics Applied Multivariate Analysis
Econometrics Programming in Oracle
Business Analytics Feasibility Analysis

MBA Business Economics Jobs

Job Roles Job Description Salary (INR)
Corporate Manager The Corporate Service Manager develops and implements strategies that manage the organization's day-to-day operational activities. INR 7 LPA
Economist Economists produce reports, tables and charts. Economists gather and analyse data, look at trends, and assess economic issues as they examine the production and distribution of resources, goods, and services. INR 7 LPA
Public Relations Advertising strategy and campaign planning. Writing and producing presentations, articles, press releases and social media posts. INR 5 LPA
Stock Analyst Stock analyst responsibilities include researching companies or specific industries, performing financial analysis based on current market trends and historical data. INR 2.8 LPA
Data analyst. Data analysts gather and preserve information about many behaviors, including sales, market research, logistics, and linguistics. They provide their technological know-how and guarantee the accuracy and quality of the data. INR 6.9 LPA
Financial planner A financial planner's primary job is to help clients develop personal budgets.Set savings goals. minimizing, managing and/or managing expenses; taking necessary steps to create and accumulate wealth, etc. INR 3.5 LPA

MBA Business Economics Scope 

There is a wide range of jobs for MBA Business Economics graduates in both the private and public sectors. After graduation, students aiming for an MBA in business administration can get a big job without being bound by a specific field. An MBA degree in business administration with many specializations is a comprehensive degree. Some of the areas of recruitment are:

  • MNCs
  • ICICI Bank
  • Infosys
  • Cognizant
  • Wipro
  • Accenture
  • KPMG 

See Also:

Courses after MBA Business Economics 

Students/candidates who complete an MBA in business courses may be employed by professional groups such as McKinsey and Company. MBA in Business Economics graduates can also choose to continue their higher education such as a PhD in Business Administration or take accredited courses in Business Economics, Artificial Intelligence, or other technology-based courses . 

MBA Business Economics: FAQs

Ques. What is MBA Business Economics?

Ans. The MBA in Business Economics is a two-year postgraduate course. Its goal is to embrace and understand economic concepts, learn about business-related difficulties, and develop the best possible solutions. 

Ques. Who can do MBA Business Economics?

Ans. Students with their undergraduate degree must obtain a minimum of 50% aggregate, can apply for the course. 

Ques. What courses can be done after MBA Business Economics?

Ans. MBA in Business Economics graduates can choose to pursue their higher education like a PhD in Business Administration or pursue certification courses in Business Economics, artificial intelligence.

Ques. What are the top colleges for pursuing MBA Business Economics?

Ans. St Joseph's Institute Of Management, Bangalore; Institute Of Business Management, CSMJ University, Kanpur; Lal Bahadur Shastri Institute Of Management, New Delhi; and Maharshi Dayanand University, Rohtak are the top colleges for pursuing MBA Business Economics.

Ques. Is it worth doing MBA Business Economics?

Ans. Yes, an MBA in Business Economics can secure future and help students get hired for job profiles in business forecasting, market research, forecasting, quantitative management, and project management.

Ques. What are the subjects in MBA Business Economics?

Ans. Some of the core subjects in MBA Business Economics:

  • Micro Economics Analysis 
  • Statistical Methods
  • Principles of Management
  • Organizational Behaviour
  • Business Accounting
  • Computer Application
  • Macro-Economic Analysis

Ques. What are the benefits of doing MBA Business Economics?

Ans. Some of the benefits of doing MBA Business Economics are: Career opportunities,

International knowledge, Highly-desirable skills, and Combine economics and business.

Ques. What skills are required to pursue MBA Business Economics?

Ans. Skills are required to pursue MBA Business Economics?

  • Communication skills.
  • Initiative.
  • The ability to pivot.
  • Planning and organization.
  • Strategic and analytical thinking.

Ques. What are the entrance exams for MBA Business Economics?

Ans.

  • CAT
  • CMAT
  • MAT
  • XAT
  • NMAT
  • SNAP
  • ATMA
  • GMAT

Ques. What is the average salary of MBA Business Economics graduate?

Ans. The average salary of MBA Business Economics graduate is INR 10 LPA.

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Admission (6)
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Interview (3)
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Average Package (2)
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Faculty (2)

21 Reviews found

AA
4.0 /5
Most Helpful

Course Curriculum Overview

I am from science background. After seeing difficulty in science I decided to choose this stream. I got early interest in commerce because I am good in maths. I thought of MBA as my goal so i choose this course. Having management, law, computer and EVS as the subjects it really enhances the personality in real life. I personally don't think anything is there to be improved. Even the teachers are well educated and smart to tackle students weakness and help them with everything they have. Questions are all related to the course we study, and the exams are fair enough to improvise a students knowledge. Sometimes it's difficult but it's on students about how well they prepare themselves for the exams.

Fees and Financial Aid

The fee structure is genuine for all categories of students. Even the poorest people can afford the fees of their child per year. Students also gets different scholarships on a yearly basis which is even more than the fees deposited. Scholarships like NSP where students get around 20000 and the recent scholarship by nabin odisha where students got 10000 and many other schemes help students to get something as savings. No other charges are taken other then the back paper clear fees which is mandatory. All the staffs and workers other than teachers are well mannered and helpful.


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Campus Life

Fest/Events held from time to time since our department is not so big we usually organise events in Hotels twice a year. Usually events are organised in April and September every year. As DBE is part of South Campus of Delhi University , We have one of the largest library in country .Library equips a large number of books from authors across the globe. We also have access to e library and other online resouces. Most of journels are avialable in our library as south campus of various departments ranging from psycology to computer science to poltical science to mathamatics. Classrooms are well equiped with projectors and other amenities like speakers AC, fans etc. South Campus has huge ground's that consists of badmin court, Volley ball court , football ground, criket ground and also have green campus full of well mentained lawns where you can sit and relax and play simple games if you want to play. DBE also has various clubs ranging from marketing club to finance club to sports club

Course Curriculum Overview

Department of business economics offers MBA ( Business Econmoics ) with dual specialization . Students have to choose any two out of three (ANALYTICS, MARKETING, FINANCE) in their final year. That,s why i choose DBE over any other B-School because most of B-School offers specialization only in one are. With two options in specialization it would be easy to change or switch role in future if i want to change job role for any reason. Faculity to student ratio is 1:10 approx and department also have visiting / guest faculties for particular subjects. All the facultity members are Phd holders from top institution in country. Faculty here holds a vast experience in teaching with an average of 15 years. Teaching method is also great and as par to any good B-School.Teacher's are always open to change if required . MBA in DBE consists of 4 terms / Semester spread over two years.Exams here moderate to difficult in terms of difficulty level.


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RR
4.1 /5
Most Helpful

Course Curriculum Overview

I have done my bachelor's in B.com so I don't have many options so that's why I gave chosen MBA. The college facility is very good in nature and supportive. They helped me in my admission and further studies. There are 4 semesters and 4 pre-sems exams, pre sems are conducted by the college and final semester exams are conducted by University itself as we want to go to rdvv to give exams.

Placement Experience

To be honest this college is providing campus after 3 Rd semester. Then there are many companies like TCS, Infosys, Amazon, and Tech Mahindra are coming to the campus. Last year's lowest package is 2LPA. Average is 4.2 LPA The highest package is 13LPA (5 students).


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AR
3.8 /5

Internships Opportunities

The Placement Office facilitates the students to explore the world of employment and new career avenues. It also helps students in career planning through counselling where in they gather information about themselves in terms of their interests, aptitudes and abilities so that they can choose their careers more effectively. The objective of the Placement Office is also on the professional development of the students by training them towards employability skills such as resume building, group discussion and interview skills which in turn helps the students to move into a desired occupation and/or apply in prestigious postgraduate and professional schools.

Course Curriculum Overview

The faculty is so Good. There is a well-known teaching system and Christ University Delhi NCR is deemed to be a university with a very good growth environment and infrastructure. There are about 90000 students who have completed their studies in Christ Delhi NRC. Exams are conducted semesterly. Exams are not difficult to pass. A good scholar can pass these exams.


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Campus Life

There was an annual fest held in March, all kinds of books were there but moreover, study materials books were present. There were projectors in every class, a watercooler too, sports were there such as Basketball, Football, Kabadi, Badminton, etc. All clubs were run by the students but there was always a faculty member to help if needed.

Course Curriculum Overview

I choose this course because I was studying commerce since class 9 so I had a keen interest to study commerce as not a specific subject but all the major subjects of commerce so I enrolled in this course. There are different faculty members for different subjects who are never absent. Most of the faculty members have done Ph.D.


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Placement Experience

Placement is good. The average package is 10 LPA. Even if campus placement is not offered students prepare for high level Govt jobs like Rbi grade A, UPSC etc because the economics background is a good advantage. In the private sector also jobs can be scored off campus.

Campus Life

The life at campus is great. The college is located in the lush green south campus of Delhi University. Clubs and committees are an integral part of the student body and students participate actively in them. The student body has a lot of responsibilities.


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Placement Experience

We don't have the concept of placement week in our college it is more of a placement season which take place over the span of 9 months. Companies can visit the campus at any point of time and students are eligible to summer placements and final placements from mid 1st semester and end of 3rd semester respectively.

Remarks

Return of investment is good as you will be able to finish MBA under 1 lacs and the curriculum is not very hectic so you can even try other things. As the college is located in Delhi so you can easily get the corporate exposure and you will get a degree from Delhi University.


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Course Curriculum Overview

The course structure is created in a way it prepares the student for entering the industry. It has a niche in analytics and subjects with in-depth knowledge. The facilities are well versed with the subjects and teach in an interactive way, making the concepts clear.

Remarks

Great ROI for a MBA college with 24000 for 2 years, Small batch size, great placement in companies like American Express, KPMG, S&P Global, Tresvista etc, with great CTC numbers. The average CTC is 11.97 lakh and median is 10 lakh. And highest CTC was 22 lakh.


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Course Curriculum Overview

The batch size is much smaller than other bschools. This can be a pro or a con, depends on you. The permanent faculty is really great, though the level of temporary faculty can be improved. The aspect where DFBE loses out on top tier B-Schools is infrastructure. Otherwise, DFBE offers great peer learning, amazing faculty, good placements and an affordable tuition fee (if that is a criteria you're considering).

Remarks

A curriculum that stands out from the rest of the MBA colleges. Its focus on quantitative topics such as time series analysis, simulation and modeling, etc. makes this a niche course. Apart from the curriculum, the college offers a great RoI given the low tuition fee and an average package of around 11lpa.


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P
4.0 /5
Most Helpful

Course Curriculum Overview

Economics is a very intriguing subject and it is helping with my future plans. The faculty in IIM Simaur is ethical and guides you in the right direction. Hussain Sir has been a favourite of all as we share the same taste in sports. He has completed his PhD from JNU and is working as an assistant professor in IIM Sirmaur. Term-end exams were held twice a year and were based upon the internal assessments and project submission.

Campus Life

Campus life at IIM Simaur is great and worth all the money. The institute has an umbrella club for consulting, VIBGYOR, RangManch, Markaizen, and Investment club. We had annual fest and celebrated festivals of all kind. Classroom teaching with digital techniques is fun to learn and innovate. Sports at IIM Simaur is as good as the curricular activities held at the institute.


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Campus Life

The campus life is good as the south campus is really beautiful and also has facilities like library, badminton courts, cricket and football field. The campus also comprises of other departments which offers a good exposure and learning experience. Although the hostel available is for the south campus so each department is allotted a certain number of seats. The seats for DBE ranges from 10-15 every year and the first year you get it based on CAT merit and second year based on your first year's marks.

Internships Opportunities

The internship is majorly for an analytics-based company with highest stipend being 2 lakh and the average being 40k. Many companies also visit for marketing and finance profile. The internship period is different than other B-schools. It's from June and July according to University of Delhi calendar.


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Placement Experience

Mainly investment banking and consultancy firms visit our college for placements, The profiles are analytics, BFSI, marketing, finance and economics. Our Placement committee is very hardworking, Alumni networking is constantly active entire year and our alumnus are very resourceful and informative when it comes to placements and they also provide referrals, Vahdam teas is an example of startup from my previous college.

Campus Life

Actually I haven't joined offline classes yet but I can tell you we got 2 badminton lawn, 1 volleyball ground and other grounds meant for specific sports, I'm not sure if there is wifi in my campus and yes the size of library is kind of huge where you can find your relevant books very easily, I don't know about labs.


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SS
3.2 /5
Most Helpful

Admission

I had opted for the course to complete Masters degree with my own earning. I had choose this institute I had completed my b com degree from the same institute so well aware about institute so I had choosen the same. Procedure for getting admission are first they had taken an interview by an teacher in which they check marksheet and inform about courses available and there fees. Then an final interview taken by hod and confirmation given by hod regarding course selected for student and other.

Fee Structure And Facilities

College fess is expensive as its provide placement and having seprate placement cell. Mode of payments are dd, neft, paytm education loan etc. Yes they take some extra money at the time of joining and for same they didnt provide receipt. Joining form which cost 2000 which having nothing. 10-20 thousand as donation remaining college fees and placement cell fess.


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NP
4.9 /5
Most Helpful

Admission

Selection for admission into different post graduation courses shall be done through CUCET 2020 OR Odisha State Universities Common PG Entrance Test 2020 (OSUCET 2020) through SAMS-Odisha. Although after the entrance exam is conducted if any of the seats are left vacant than those seats will be filled by the entrance exam of CAT. If the students passed in the entrance examination then there will be notified by the concerned authorities of the college. You can then fill out the admission form with your original documents. A merit list will be prepared on the basis of your 10th and 12th marks and your rank in the entrance examination.

Campus Life

All of the good facilities are provided at our college such as the facility of online classes has been a great talk of the college. The college provide online classes for the students if they are not able to come join the classes because of any personal problem. The college also provides library and laboratories facilities which is a great deal for a student. There are also sports competition held and the environment at the college is really discrimination free and ragging free.


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Faculty

Teachers in our college were good, helpful, qualified, and knowledgeable. Teaching quality is also good. The course curriculum is relevant, and it makes the students industry-ready. I am highly satisfied with the teachers. They are always ready to guide and assist the students with their problems.

Campus Life

Mostly all types of events occurred in college to provide good knowledge to students. Students are free to participate. Education- events occurred for students for the student?s career guidance. Mostly all types of events occurred in college to provide good knowledge to students.


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Course Curriculum Overview

It did not seem relevant then, but now in my job i can see how relevant a lot of material was. I keep re-visiting the topics in my curriculum now and then for actual application. We studied a lot of economics and statistics that was imparted via text books. Some more projects would have helped. We never had any industrial visits as it didnt apply to us much. But visits from experts did happen.

Fee Structure And Facilities

Education in Delhi university is very cheap we all know that. We used to pay via cash to the local bank branch in campus at the beginning of the year. Additional Examination Fee was charged but it too was minimal and paid to the same branch twice a year before every semester exam


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Campus Life

The University is developing an advanced Media Technology Lab. and Digital library network.University have the following state-of-the-art laboratory facilities for research and teaching in Biotechnology, Bioinformatics, Biochemistry, Molecular Biology, Plant Molecular Breeding, Infection Biology, Developmental Biology, Biodiversity Conservation, Microbiology, Bioprocessing Technology, Immunology and Immunogenetics,

Placement Experience

The companies do come to our college, check for distinctions and ask for interviews. Whosoever is interested, can appear and go through an interview, and can get a chance. Three of my friends got recruited, and now, are serving in the companies. The salaries at first are not that satisfactory, but gradually, it will be increased.


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Course Curriculum Overview

It is a two year curriculum where we are taught the subjects of management principles, Economics modelling and data. In our first year we basically learn the management theories at advanced level and by the end of second semester we have theories and practical based on Economics.

Placement Experience

Placement is good in our college, companies like TCS, Tech mahindra, cognizant, Infosys visits our campus for pool hiring. Our seniors were placed in reputed organizations with attractive packages. Internship is provided along with.


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Admission

Take CAT, apply for college separately, college will release a shortlist on the basis of CAT score and previous marks in 10, 12 and graduation. Shortlisted candidates have to go through a group discussion round and personal interview, and on the basis of all above criteria a final shortlist is released for accepted candidates.

Faculty

Most of the faculty is already a Ph.D. in their subject of expertise or are a fellowship student at some prestigious university in India or abroad. Most of the faculty are permanent employees of the University of Delhi and for rapidly changing subjects, we have subject matter experts as visiting faculties.


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College Events

Spandan :- sports fest organised in Feb Colors :- cultural fest organized in March Events or session are organized according or to the topic, every satruday. If any students wants to go for a particular session that is needed to be organised in college, they manage and arrange a session for the same.

Campus Life

As Davv is a university and is spread in around 2-2.5 kms of area, there is each and every facility provided within the campus. Every sports ground or court is available in the campus, lab and research can be done or the facilities are provided for the students to work for.


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