M.Sc. (Economics)

The M.Sc. programs at BITS Pilani University have integrated degree programs without any intermediate B.Sc. degree. The integrated nature of the programs and their analytical and engineering science contents give them a professional character and enable students to participate usefully in corporate and research jobs. 

Considering the current market scenario and recent surge in demand for people specialising in Economics and Finance, Department of Economics & Finance of BITS Pilani, Hyderabad Campus offer programs such as integrated M.Sc. (Economics) and Minor in Finance.

The main objective of M.Sc. (Economics) program is to impart students with a rigorous and hands-on training in Economics, with special emphasis on analytical and problem-solving skill, and in-depth understanding of the theoretical and empirical construct in the field of Economics. This will make the students acquire a level of subject knowledge, enabling them to achieve high quality skills suitable for various professions, especially in the field of data analysis and economic policy making.

Eligibility for admission
Minimum Academic Qualification:

• Candidates should have passed the 12th examination of 10+2 system from a recognized Central or State board or its equivalent with Physics, Chemistry, and Mathematics and adequate proficiency in English.
• The candidate should have obtained a minimum of aggregate 75% marks in Physics, Chemistry and Mathematics subjects (if he/she has taken Mathematics in BITSAT) or a minimum of aggregate 75% marks in Physics, Chemistry and Biology subjects (if he/she has taken Biology in BITSAT) in the 12th examination, with at least 60% marks in each of the Physics, Chemistry, and Mathematics/ Biology subjects.

The structure and requirements of the M.Sc. (Hons.) in Economics program is as follows:  

Discipline Core Courses
Semester I

• ECON F211: Principles of Economics
• ECON F212: Fundamentals of Finance & Accounting
• ECON F213: Mathematical & Statistical Methods
• ECON F214: Economic Environment of Business

Semester II

• MGTS F211: Principles of Management
• ECON F241: Econometric Methods
• ECON F242: Microeconomics
• ECON F243: Macroeconomics
• ECON F244: Economics of Growth & Development

Practice School 1 (PS -1)

• ECON F311: International Economics
• ECON F312: Money Banking & Financial Markets
• ECON F313: Issues in Economic Development
• Discipline Electives
• ECON F341: Public Finance: Theory & Policy
• ECON F342: Applied Econometrics
• ECON F343: Economic Analysis of Public Policy
• Discipline Electives

List of Electives for M.Sc. (Hons.) Economics program: 

• ECON F351: Indian Economic Development
• ECON F352: Management of Banks and Financial Institutions
• ECON F471: Resources and Environmental Economics
• ECON F353: Energy Economics and Policy
• ECON F411: Project Appraisal
• ECON F412: Security Analysis and Portfolio Management
• ECON F422: Functions and Working of Stock Exchanges
• ECON F354: Derivatives and Risk Management
• ECON F413: Financial Engineering
• ECON F414: Creating and Leading Entrepreneurial Organizations
• ECON F415: New Venture Creation
• ECON F355: Business Analysis and Valuation
• ECON F356: Strategic Financial Management
• ECON F357: Management Control Systems
• Econ F314: Industrial Economics
• ECON F435: Marketing Research
• ECON F434: International Business
• ECON F418: Quantitative Analysis of International Trade
• FIN F414: Financial Risk Analytics and Management
• BITS F314: Game Theory
• ECON F314: Behavioral Economics
• FIN F314: Investment Banking and Financial Services

Career Opportunity at Bits Pilani

The Birla Institute of Technology & Science, BITS Pilani is an all-India Institute for higher education. The primary motive of BITS is to "train young men and women able and eager to create and put into action such ideas, methods, techniques and information". The Institute is a dream come true of its founder late Mr G.D.Birla - an eminent industrialist, a participant in Indian freedom struggle and a close associate of the Father of Indian Nation late Mr. Mohandas Karamchand Gandhi (Mahatma Gandhi). What started in the early 1900s as a small school, blossomed into a set of colleges for higher education, ranging from the Humanities to Engineering until 1964 when all these colleges amalgamated to culminate into a unique Indian University of International standing. This university was christened as the Birla Institute of Technology and Science, Pilani, known to many as BITS, Pilani.