MBE Full Form: (Master of Business Economics)

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MBE also called Master of Business Economics is a 2-year postgraduate course. The course provides knowledge about microeconomics, macroeconomics, and environmental economics. Any student with a bachelor's degree and minimum 45% marks can apply for the course. Admission to the course is based on the entrance exam like CAT and CUCET. The average fee for the course is INR 50,000 and the average package offered is INR 5 LPA to 15 LPA. 

  • MBE Full Form in Marathiव्यवसाय अर्थशास्त्र मास्टर
  • MBE Full Form in English: Master of Business Economics
  • MBE Full Form in Hindi: मास्टर ऑफ बिजनेस इकोनॉमिक्स
  • MBE Full Form in Gujrati: બિઝનેસ ઇકોનોમિક્સમાં માસ્ટર
  • MBE Full Form in Tamil: மாஸ்டர் ஆஃப் பிசினஸ் எகனாமிக்ஸ்
Course Full form
MBE Master of Business Economics
BBE Bachelor of Business Economics
MBA in Business Economics MBA in Business Economics

Master of Business Economics

MBE stands for Master of Business Economics. MBE is a 2-year postgraduate course. Admissions in Top Colleges for MBE require candidates to pass entrance exams like CAT, CUCET. The students seeking admission to the course must submit the following documents:

  • Proof of date of birth
  • Degree or passing certificate
  • Migration certificate
  • Gap certificate
  • Scorecard

The candidates, after completing the course, get hired as business economists, Asset Managers, Market Analysts, Operations Managers, Financial Analyst, Consultant, Financial Advisors, and Investment Bankers. The average salary is between 5 LPA to 15 LPA. Candidates can pursue Ph.D. in Business Administration if they wish to study further.

Bachelor of Business Economics

BBE stands for Bachelor of Business Economics. BBE is a 3-year graduation course and is offered in a number of colleges in India. It acts as a foundation course for students who wish to pursue a professional career in business finance and economics. The course fees range between INR 12,000 to 3,00,000 LPA. Admission to the college is based on merit in the entrance examination. The job positions after BBE are Economics Business Analyst, Business Development Executive, Economics Business Manager, 

MBA in Business Economics

MBA in Business Economics stands for Master of Business Administration in Business Economics. MBA in Business Economics is a 2-year postgraduate course. It helps the student to understand economic concepts and business-related difficulties. The students must have at least 50% marks in their graduation. The entrance exams for admission are CAT, MAT, XAT, CMAT, NMAT, and SNAP. The top colleges for the course are St. Joseph Institute of Management (Bangalore), Institute of Business Management, CSJM University (Kanpur), Lal Bahadur Shastri Institute of Management, and Maharshi Dayanand University (Rohtak). The average course fee is INR 5 to 20 LPA.

MBE Master of Business Economics: FAQs

Ques. What are the career options after a Master of Business Economics?

Ans. The career options after the Master of Business Economics are:

  • Business Development
  • Brand Manager
  • Economist
  • Marketing Agent
  • Business Finance Associate
  • Business Analyst
  • Zonal Business Manager
  • Teacher

Ques. What is the admission process for Master of Business Economics?

Ans. Few colleges admit students directly on the basis of marks secured in intermediate examinations. The colleges will release a cut-off list after the board results are released. A background in commerce or economics is preferred but the course is open to people from all backgrounds.

Ques. What are the top Master of Business Economics colleges in India?

Ans. The top Master of Business Economics colleges in India are 

  • St. Andrews College of Arts and Commerce (Mumbai)
  • Indraprastha College for Women (New Delhi)
  • Stella Maris College (Chennai)
  • KJ Somaiya College of Arts and Commerce (Mumbai)
  • Hansraj College (Delhi)

Ques. What is the fees for a Master of Business Economics course?

Ans. The average fee for a Master of Business Economics course is INR 10,000 to 2 L.

Ques. Can a student pursue a Master of Business Economics in distance learning?

Ans. Only Madhya Pradesh Bhoj Open University offers a Master of Business Economics in distance learning mode. The duration of the course is 2 years. The students are enrolled on the basis of merit. The total fees of program is INR 7000. 

Ques. What are the job roles after MBA in Business Economics?

Ans. The job profiles after MBA in Business Economics are corporate manager, economist, public relations, stock analyst, data analyst, and financial planner.

Ques. What is the various job profile and salary after a Master of Business Economics?

Ans. The various job profiles and salaries are listed as under:

  • Business Economist: INR 6, 00,000
  • Asset Manager: INR 10, 10,000
  • Market Analyst: INR 3,50,000
  • Operations Manager: INR 4,50,000
  • Financial Analyst: INR 4,00,000
  • Consultant: INR 11,00,000
  • Financial Advisor: INR 5,00,000
  • Investment Banker: INR 10,00,000

Ques. Difference between a Master of Business Economics and PGDM?

Ans. MBE is a professional post-graduation degree of 2 years, whereas PGDM is a diploma course.

Ques. What should one opt for an MBA or Master of Business Economics?

Ans. MBA is a specialized degree with less emphasis on economics whereas MBE provides in-depth knowledge of economics. MBE provides knowledge about technology, engineering management, corporate administration, law, and economics.

Ques. Why should you opt for a Master of Business Economics?

Ans. Master of Business Economica is a unique course and offers job opportunities in government sectors. It provides a higher package and the demand is expected to rise in the near future.

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