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Bachelor of Science [B.Sc] (Economics) From NMIMS, Mumbai
| Year | 1 | 2 | 3 |
|---|---|---|---|
| Total Year Wise fees | ₹3.50 Lakhs | ₹3.50 Lakhs | ₹3.50 Lakhs |
| Total Fees | ₹350000 | ₹350000 | ₹350000 |
| Tuition fees | ₹350000 | ₹350000 | ₹350000 |
NMIMS Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| NPAT Application Process | Tentative Dec 06, 2024 - May 20, 2025 |
| NPAT process start date | Tentative Dec 06, 2024 - May 25, 2025 |
| NPAT Exam Date | Tentative Jan 01, 2025 - May 25, 2025 |
| NPAT results | Tentative Jun 18, 2025 |
Expired Events
| Events | Dates |
|---|---|
| Closure of Admission/Last date of admission [B.Sc] | Jul 29, 2024 |
| Commencement of program [B.Sc] | Jul 13, 2024 |
| Document upload & payment of admission fees (II Merit List) [B.Sc] | Jun 29, 2024 - Jul 05, 2024 |
Important Events
| Events | Dates |
|---|---|
| NPAT Application Process | Tentative Dec 06, 2024 - May 20, 2025 |
| NPAT Exam Date | Tentative Jan 01, 2025 - May 25, 2025 |
| NPAT process start date | Tentative Dec 06, 2024 - May 25, 2025 |
| NPAT results | Tentative Jun 18, 2025 |
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Course Description
Bachelor of Science (B.Sc.) in Economics is an undergraduate program of 3 years after 10+2. Average fees of this course would be Rs. 50,000 to Rs. 1,00,000 depending on type of the college.
In this course candidates will be able to understand how to do analysis in social and political sector by applying economics principles. And they will understand the production process, distribution techniques and how the consumption of goods and services should be done at different stages.
This course provides us the knowledge about economic analysis, economics fundamentals and principles. After completion of this course candidates will be able to understand how economic principles should be apply in society, family, government and private sector, business and science. After completing this course candidates will get job opportunities in banking and finance sector and other career sectors as well with the average salary package from Rs. 1.5 Lakh to Rs. 5 Lakh.
What is course B.Sc. (Economics)
While pursuing this course candidate will be able to learn how economic development is important for us and how it should be practiced in different sectors such as optimal use of natural resources, consumption of goods and services in their best way, equilibrium of demand and supply in the market etc.
This course provides the knowledge exposure about micro and macro economics which include economics at individual level for example determinants of demand and supply of consumers and economics at national level for example Gross Domestic Product (GDP) of the country.
Who should opt for this course and what the skills required?
Candidates who have interest in economic development area, social services and market trends of different sectors can choose this course. Also if they have interest in government sector like ministry and defense can also opt for this course.
Candidates should have critical thinking skills, analytical skills, time management and problem solving skills to pursue this course. In addition to this they should focus on detail orientation and presentation of data.
Further academic options after B.Sc. in Economics
After the completion of this course candidates can go for further studies such as master degree to get specialization in economics. Here we have some master degree courses such as:
- M.Sc.in
- Economics
- Financial Economics and Administration
- Economics Honors
- Applied Econometrics
- M.Com in Applied Economics
- M.A in
- Rural Economics
- Quantitative Economics
- Economics
- Econometrics
- Development Economics
- Business Economics
- MBA in
- Managerial Economics
- Macroeconomic Theory and Policy
- Economic Legislation
Duration
Duration of this course is 3 years full time after 10+2 or equivalent examination which contains 6 semesters at the interval of every six months.
Best colleges offering B.Sc. (Economics)
Following are some top colleges who are offering B.Sc. in Economics with the best study practices:
- St. Xavier’s Kolkata
- Christ University, Bangalore
- Symbiosis School of Economics, Pune
- Ananda Chandra College
- DAV College, Amritsar
- Presidency Univerity, Kolkata
Eligibility Criteria
Aspirants seeking admission to the Program should have passed
- Minimum of 50% aggregate marks in 10 + 2 or equivalent examination with Mathematics / Statistics subject mandatory for all campuses. .
- A candidate who has passed 10+2 or equivalent examination from International Baccalaureate Diploma (IB Certificate or DP or CP awarded candidates with 24 credits compulsory and has passed 3 subjects at Higher Level (HL) and 3 subjects at Standard Level (SL) mandatorily from any stream.
- Candidates of CBSE / ICSE, should mention in the online registration / e-admission form (if selected) for 10+2 or equivalent examination, the aggregate marks of all the subjects the candidate has taken / opted and appeared for (not best of four, five, six or seven).The candidate shall have passed all the subjects he / she has taken / opted and appeared in the applicable examination/s in a single attempt.The aggregate percentage of all subjects the candidate has taken / opted and appeared will be taken into consideration for confirming eligibility of the candidate for the program at the time of admission.
Entrance Exam:
NMIMS -NPAT
Course Details
Specializations:
- Finance
- Business
- Economics.
Bachelor of Science [B.Sc] (Economics) Comparison
| NMIMS | NMIMS Bangalore | |
|---|---|---|
| Reviews Rating | ||
| Cost To Study | Total Fees ₹1050000 (3 Years ) Hostel Fees ₹180000 | Total Fees ₹756000 (3 Years ) Hostel Fees ₹200000 |
| Ranking | - | - |
| Highest Salary | ₹6770000 | ₹4325000 |
| Average Salary | ₹2513000 | ₹1411000 |
| General Course Details | Duration - 3 Years Course Offered - Full Time Total Seats - 180 Mode - Full Time Degree Type - On Campus Course Level - Graduation Course Credential - Degree | Duration - 3 Years Course Offered - Full Time Total Seats - 60 Mode - Full Time Degree Type - On Campus Course Level - Graduation Course Credential - Degree |
| Eligibility | 10+2 with 50% + NPAT | 10+2 |
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Why To Join NMIMS - Reviews & Rating
Most Popular Tags
Likes
- Absolutely top class faculty who're incredibly well versed of what they're teaching and know their subject in and out. All/Mostly PhD holders.
- Accomodative administrator and examination department. Works on clear rules mentioned in students resource book.
Dislikes
- Infrastructure for sports, flexibility in attendance.
Fees and Financial Aid:
There's no such fee hike other than the yearly increase of about 10-12k. Scholarship and financial aid aren't really possible here however the university has tied up with a few banks that provide us with loans.
Fees and Financial Aid:
The fee is currently 3.25 lakhs per annum which is on the higher end if we take India's undergraduate programme fees. The fee increases by 15% every year. There are no scholarships or financial assistance. However, campus placements are good.
Fees and Financial Aid:
The fees remained consistent over the three years. Scholarships and financial assistance were not offered Placements were offered and companies like E&Y, MuSigma participated. Since I did not opt for college placements, I am not aware of information related to stipend.
Course Curriculum Overview:
The course is quite updated with the modern industrial requirements and it urges us to think out of the box but tbh the course is hectic and tiring. Faculties are amazing. Specially sneha kotian maam for math is literally amazing. You are fortunate enough if you get her.
Course Curriculum Overview:
The course and syllabus are all encompassing with subjects from various other disciplines which one wouldn't normally find in an Economics Course. The teachers are mostly good though some of the teachers are new and inexperienced.
Course Curriculum Overview:
This college got A+ by the authorities and is well developed. Placements: About 75% of the students from our course got placed. The highest salary package offered was 15 LPA. Companies like IBM, Google, Amazon, Flipkart, Royal Enfield, etc. visit our college for placements. About 85% of the students got internships from our course in IBM, Google, Amazon, Coursera, LG, Internshala and Naukri. Com. Top roles offered in our course are human resource executive and manager.
Course Curriculum Overview:
I appreciate the course however the burden put on us is too much. There are roughly 8-10 subjects in all the semesters we've seen and they all are very heavy subjects, even if some of them are non credit. The faculties remain to be good however, a few of them fail to communicate the knowledge that they possess leading to a wastrd effort
Course Curriculum Overview:
The course is intense and well rounded. It focuses on core economics as well as allows us to explore other subjects which tend to have an effect on economics. The course has been well designed in order to keep it relevant in modern times.
Course Curriculum Overview:
The course is really well structured comprising of different topics in different modules which provide a holistic learning experience to the students. Also the faculty is really friendly and they are willing to help a student out When needed. Moreover the institution also provides a lot of opportunities for the students to go abroad and study,they have tied up with the highest ranked universities abroad. They provide great internship opportunities as well to the students
Course Curriculum Overview:
Amita Vaidya is our director, who understands us and teaches us during the seminars. We have Nahid Fatema, Kiran Limaye, Sneha L. Thayyil, Suranjana Joarder, Sneha Kotian, etc as some of the best professors.
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NMIMS: 3 Answered Questions
How is B.Sc Economics at NMIMS Mumbai?
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:
- The course is well balanced and the pedagogy not only includes core subjects but also from fields such as psychology, sociology, political science, IT, etc.
- The institute also hosts many guest lectures and seminars which offer a better understanding of the real world.
- The demerit of the course is that it is too focused and requires a lot of attention. Attendance is taken seriously.
Fees:
- The yearly fee for the batch of 2017-20 was INR 2.5 lakhs.
- The university provides very limited accommodation options, so you need to live for yourself in Mumbai. Depending on your lifestyle and accommodation you will need another INR 3.5 lakhs to INR 7 lakhs per annum towards living expenses.
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.
- Total number of students – 87
- Number of students opting for placements – 18
- Percentage of students placed who opted for placements – 77%
- Highest salary – INR 11.60 lakhs per annum
- Average salary – INR 4.60 lakhs per annum
- Some recruiters – PwC, KPMG, Nomura, Kotak Mahindra Bank, Mu Sigma, JP Morgan India Services, IDBI Federal Life, etc.
The experience is really good, but choose the institute only if you are willing to pay the huge fees for your undergraduate.
Which is better BSc Economics from NMIMS or BMS from St. Xavier’s?
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
- Admissions to BSc Economics at NMIMS is conducted through NMIMS NPAT.
- NPAT can be given within 5 windows and the best of three are used to shortlist the candidates.
- 30% of seats in each program are reserved for girls.
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.
- Intermediate graduate or possess a diploma in any English branch with a 2/3/4-year duration after passing the SSC exam.
- The intake is 60 students per batch. Out of these, 50% seats are reserved for Christian Minority.
Fee Structure
- The fees for Bsc Economics at NMIMS is 1.26 lacs per year.
- The total fee at St. Xavier’s is 1.12 lacs per year.
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:
- There is an average of 77% placement for this course.
- The highest CTC offered was 11.6 LPA
- The average CTC offered was 4.6 LPA
- 20+ summer internship offers
- The chief recruiters were Verity Knowledge Solutions, Tres Vista, JP Morgan India Services, Education International, Nomura
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:
- The median salary is 4 LPA.
- Average placement rate over 50%
- The top recruiters are Accenture, Axis Bank, Crisil, Mahindra & Mahindra, and SAP.
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.
What should I choose, a BSc EMS from Mount Carmel, Bangalore or a B.Sc in economics from NMIMS, Mumbai?
Your job ambitions and personal interests determine whether you should study EMS at Mount Carmel Bangalore or Economics at NMIMS Mumbai.
BSc EMS programme emphasises environmental management, sustainability, and conservation. This programme teaches students how to manage and reduce human impacts on the environment.
A BSc in Economics studies the economy, including production, distribution, and consumption of products and services. This programme gives students a solid economics foundation and analytical abilities they can use in finance, business, government, and academia.
BSc EMS from Mount Carmel Bangalore may be excellent for environmental careers. A BSc in Economics from NMIMS Mumbai may be preferable for economics, finance, or business careers.
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NMIMS Latest News
NPAT 2024 Second Merit List Out @nmimsnpat.in, Document Verification and Payment Starts on June 29
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NMIMS Important Dates 2024
Life at NMIMS Mumbai: Campus, Hostel & Typical Day at NMIMS Mumbai
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