When a 12th-grade student enrols in a prestigious Delhi university, he or she has many hopes for placement and compensation.
However, only 1% of students are placed in the top colleges. B.Sc. is solely academic in nature. You should never have unrealistic expectations of receiving gleaming packages after completing your B.Sc. To get a job in this field, you will need to further your education.
The main advantage of studying at DU is the exposure you will receive. It will aid in your personal development.
The B.Sc Economics course offered by the Sarla Anil Modi School of Economics of the NMIMS Mumbai is great and will be a wonderful experience if you factor out the cost of the course.
Academics:
Fees:
So even if you take the lower amount, you will need close to INR 18 lakhs to INR 20 lakhs for the whole 3 years of the undergraduate program.
Placements:
Here are the placement stats released by the department for the batch of 2016-19.
The experience is really good, but choose the institute only if you are willing to pay the huge fees for your undergraduate.
Yes, you can undeniably pursue economics honors from any college, even if you didn’t have Economics in your 12th. The first semester in economics ug degree is dedicated to the basic and fundamental understanding of the subject, which is also taught in school. Thus, even if you have not studied the aspects of it in school, the college you are part of will certainly cover the topics you still have to know about.
But if you are planning to do a course in Economics, it will be better to make yourself familiar with the basic concept of the course. Pick up some books on Economics after you are done with your entrance examinations if you are planning on giving any. My friends with Economics degrees suggested the following books that you can begin with.
These are to name a few. You can likewise add on more.
For B.Sc in Economics, Symbiosis School of Economics should be considered before the Gokhale Institute of Politics and Economics.
Important information regarding undergraduate courses and the colleges are given below:
Category |
Symbiosis School of Economics |
Gokhale Institute of Politics and Economics |
Admission |
Symbiosis Entrance Test |
GIPE Entrance Exam |
Duration |
3 years |
3 years |
Total Fees |
Rs. 6.4 Lakhs |
Rs. 3.9 Lakhs |
Total Seats |
130 seats |
60 seats |
Placement Percentage |
80% |
60% |
Highest CTC |
7.65 LPA |
12-13 LPA |
Average CTC |
4.96 LPA |
7.5 LPA |
Recruiting Companies |
TresVista, D.E Shaw Associates, Ernest and Young, Deloitte, Vodafone, Kingfisher |
Axis Bank, Gartner, Deloitte, HDFC Bank, JP Morgan Chase |
Curriculum:
Symbiosis School of Economics:
Gokhale Institute of Politics and Economics:
Placement Opportunities:
Symbiosis School of Economics:
Gokhale Institute of Politics and Economics:
Symbiosis School of Economics is a good option for B.Sc in Economics. The college offers a great curriculum as well as good placement opportunities. The MSc and MA program has better placements than Symbiosis. But for BSc, Symbiosis will prove to be a better option.
NMIMS Bangalore BSc Economics program has unique course content and innovative pedagogy. It helps in developing an individual to seamlessly integrate into an organization or to be an entrepreneur. The linkages of different quantitative methods have led NMIMS to set up a School of Economics.
Mumbai is the financial capital of India and taking a shot at the admission waitlist will be worth waiting because if you get into the Mumbai campus, the level of exposure you will get will not be at par with any other city in India. If your waiting list number is beyond the acceptable limit then you should consider the Bangalore campus as well.
This course teaches students about how the industries function and what their purpose will be. The course trains students to be industry-ready. Students are familiarized with concepts of economics, mathematics, finance, health care, real estate, education, politics, and many more.
The table given below shows a brief overview of both the institutes:
Categories |
Symbiosis School of Economics |
Sarla Anil Modi School of Economics |
Cut Off |
96% (SET) |
60% |
Course Fee |
2,10,000 |
30,045-40,000 |
Placement Percentage |
10% |
77% |
Highest Salary Package |
10 LPA |
11 LPA |
Average Salary Package |
6-7 LPA |
4 LPA |
Recruiting Companies |
Jindal Steel, Financial Technologies, IBM, RangSutra, Panasonic India, etc. |
JP Morgan India Services, Endurance International, Edelweiss Tokio, Kotak Mahindra Bank, IDBI Federal Life, IIFL, etc. |
Placements: Students were also provided with summer internships which helped them to gain knowledge of how the industry works. Companies like QED Baton, Bharat Forge Ltd., HDFC Bank, ICICI Prudential, Zephyr Financial Publishers Ltd., WTC, etc.
Career Scope: Students can specialize in Finance, Business, or Economics in their final year. Students graduating from Economics can -
Most students prefer DU colleges than Symbiosis School of Economics. The main reason being the affordability and popularity. DU colleges are a much more reputed institution than the Symbiosis School of Economics. Placements are better in DU colleges than Symbiosis School of Economics.
Both NMIMS and St. Xavier’s are highly reputed institutes in Mumbai and ranked amongst the top 10. NMIMS is ranked 22nd by NIRF in the MBA category while St.Xavier’s is ranked 4th by The Week for Arts. NMIMS has international collaborations with University of Florida, TelAviv University and King's College London amongst many others. Both these institutes have highly qualified faculty who strive to curate global leaders.
Admission Process
NMIMS
St. Xavier’s
At St.Xavier’s, students are given admission for BMS based on a 60% weightage to Entrance Test and 40% weightage of Class XII aggregate marks.
Fee Structure
Placements
NMIMS
After BSc Economics at NMIMS, a student can pursue PG in economics/management, a career in finance/industry/banks, market research institutions as market analysts. The key placement highlights are:
St. Xavier’s
After BMS, a student can get into administration & operations, project management (executive level), enterprise management, human resource management & development, data management & system analysis, sales & marketing, and financial management. The notable features about placement statistics are:
BMS and BSc Economics are entirely different fields to compare. Selecting a course and a college depends much on the present industry developments apart from personal interest. It is upto the individual to analyse and come to a conclusion after considering the stats.
If you are unsure about which college to choose for your higher education, it is important to consider what you want to achieve in the future.
If you are looking to secure a job soon after graduation, then Symbiosis School of Economics may be the better option for you. The college has a strong reputation for its placement opportunities, with a dedicated placement cell that works towards providing job opportunities to its students. Symbiosis School of Economics grooms its students to make them the perfect hire for big-shot companies, ensuring that they are well-prepared for the job market.
On the other hand, if your goal is to pursue a career in academia, then Jadavpur University (JU) may be the better choice for you. While JU does offer some placement opportunities to its students, the focus is more on academic studies. Jadavpur University students tend to go on to pursue master's and even doctorates and are less inclined to just graduate and get a job.
While Symbiosis School of Economics and Jadavpur University have their respective strengths, the choice ultimately depends on your personal goals and preferences. If you are looking for a college that can provide you with strong placement opportunities, then Symbiosis School of Economics may be the better option for you. However, if you are looking to pursue a career in academia and value academic excellence, then JU may be the better choice.
Ashoka University and NMIMS Mumbai have excellent economics and finance programs. Before choosing, evaluate the differences between the two.
Ashoka University is a young institution known for its creative and multidisciplinary curriculum. Its BSc Economics and Finance program teaches students economic theory, financial markets, and quantitative and analytical abilities. The program emphasizes critical thinking, communication, and problem-solving, which are useful in many occupations.
However, NMIMS Mumbai has long offered undergraduate finance programs. Its BSc Finance program teaches students about financial markets, investment analysis, and corporate finance, as well as how to flourish in these disciplines. Internships and industry projects emphasize experiential learning.
Ashoka University or NMIMS Mumbai depends on your job goals and preferences. Ashoka University offers a more multidisciplinary and innovative education. NMIMS Mumbai is great for practical skills and industrial exposure.
NMIMS B.Sc Finance could be better for the following reasons:
NMIMS Bengaluru is a private university offering various courses at UG, PG level in various specializations. It achieved 7th rank as the best university by Business Today and offers above 85% placement every year.
Symbiosis School of Economics has been ranked the 6th best college among leading business schools in India by Outlook 2020. This college is the home of economics and offers nearly 99% placements to the deserving students.
The table below gives a brief overview of both institutes:
Categories |
NMIMS Bengaluru |
Symbiosis School of Economics, Pune |
Established |
2008 |
2008 |
>Ranking (Outlook) |
104 |
6th |
Intake |
60 |
130 |
Course duration |
3 years |
3 years |
Faculty |
16 |
11 |
Fees (1st year) |
INR 2.87 LPA |
INR 2.02 LPA |
Entrance Exam |
NPAT |
SET |
Placement Record |
85% |
99% |
No. of students placed. |
250 |
180 |
No. of recruiters |
91 |
80 |
Highest package |
INR 21.38 LPA |
INR 7.65 LPA |
Average package |
INR 10.5 LPA |
INR 6 LPA |
Top Recruiters |
Dell, Airtel, Infosys, Genpact, Oracle, etc |
IBM, Jindal Steel, Panasonic, HDFC Bank, ICICI bank, etc. |
Admission in NMIMS Bengaluru is as follows:
Admission in Symbiosis School of Economics is as follows:
The Symbiosis School of Economics is preferable to NMIMS Bangalore for pursuing BSc in Economics. The location is in Pune which has a very friendly climate and the course is designed in such a way that you will get to know more about the world.