About MBA Business Economics course:
MBA or Master of Business Administration in Business Economics is a two year post graduate degree pursued after Bachelor degree which focuses on the economics principles along with analytical tools used in business processing. It is the combination of both practical and theoretical concepts of economics in business management and strategies.
During MBA Business Economics subjects like micro and macroeconomic theory, quantitative analysis, financial analysis, strategic management, marketing, and operations management are studied by students.
Graduates of MBA Business Economics have wide range of career opportunities in finance, healthcare, government, education, and technology. Many job roles like financial analyst, market analyst, management consultant, and business strategist are available after the MBA course.
The average course fees for [MBA ] Business Economics Courses range between INR INR 2-10 lakhs per annum (may vary as per college).
[MBA ] Business Economics Course Admission Process:
[MBA ] Business Economics Quick facts
Highlights for [MBA ] Business Economics program are provided in the table given below:
| Course Level |
Masters |
| Full form |
[MBA ] Business Economics |
| Duration |
2 Years |
| Examination type |
Semester |
| Eligibility |
Bachelor degree in any stream from a recognized college or university along with minimum 50% aggregate. • Some reputed college may conduct |
| Age Limit |
No age limit |
| Course fee |
INR 2-10 lakhs per annum (may vary as per college) |
| Average Salary |
INR 3-8 LPA (may vary based on industry and job role) |
| Job Positions |
like financial analyst, market analyst, management consultant, and business strategist |
[MBA ] Business Economics Eligibility & Entrance exam
Eligibility Criteria for MBA Business Economics:
Eligibility for getting admission in MBA Business Economics course may vary from college to college but there is some common criteria of admission are discussed below:
- Student must have a Bachelor degree in any stream from a recognized college or university along with minimum 50% aggregate.
- Some reputed college may conduct their own entrance exams or they can accepts scores of state and national level entrance exams scores, followed by group discussion and personal interview.
- There is no criteria regarding to age limit, study is beyond the age.
- Some colleges may require work experience before admission this may vary and totally depends on college.
Students who have meeting above criteria are eligible to take admission in the MBA Business Economics course; student may also have to check with the college official website so they can know more about the exact eligibility criteria.
How to apply for college?
Properly research about the college and also check the eligibility criteria of the college. To apply in particular college student must have to follow given steps:
- Visit to the official website of the college.
- Apply in admission section.
- Fill all the details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also check is there any counseling round or not. If college is conducting counseling than apply for it.
- Pay the fees for application Form.
Here given above process is common process it may vary from college to college.
Entrance Exams for MBA Business Economics:
Scores obtained from entrance exams are key to get admission in reputed colleges, Good score leads to top colleges and vice versa. Student has to prepare for entrance exams to get admission in top colleges. Here is the list of some top entrance exams for MBA Business Economics for which a student can prepare and get top college are:
|
Entrance Exam Name
|
Mode of Exam
|
Conducting Body
|
Minimum Cut-off Marks (Approx.)
|
|
CAT (Common Admission Test)
|
Online
|
Indian Institutes of Management (IIMs)
|
90-95 percentile
|
|
XAT (Xavier Aptitude Test)
|
Online
|
XLRI Jamshedpur
|
85-90 percentile
|
|
GMAT (Graduate Management Admission Test)
|
Online
|
GMAC (Graduate Management Admission Council)
|
600-650
|
|
CMAT (Common Management Admission Test)
|
Online
|
National Testing Agency (NTA)
|
85-90 percentile
|
|
MAT (Management Aptitude Test)
|
Online/Offline
|
All India Management Association (AIMA)
|
600-650
|
|
NMAT by GMAC
|
Online
|
GMAC (Graduate Management Admission Council)
|
200-210
|
NOTE: For exam fees, eligibility criteria, dates and exact cut off please visit to the official website of particular exam.
[MBA ] Business Economics Duration & Fees
MBA Business Economics Course duration:
This MBA Business Economics degree is two years full time post graduate degree which is further divided into four semesters whereas in some colleges there are three semester in a year.
The curriculum of degree is designed such as it includes classroom lectures, industry visits, guest lectures, internships, and practical training which lead to real world practical experience in particular industry.
MBA Business Economics Course Fees:
Fees for course may vary from institution to institution it depends on the ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. Usually the fees for MBA Business Economics course are ranges between INR 2 LAKH to INR 10 LAKH per annum.
[MBA ] Business Economics Jobs,Scope,Salary after course
Scope after MBA Business Economics course:
Pursuing a post graduate degree like MBA leads to high paying jobs along with gaining advance knowledge in particular field. MBA is a very demanding degree in India; many of students are passed out in this degree. Graduates of MBA Business Economics have wide range of career opportunities in finance, healthcare, government, education, and technology. Many job roles like financial analyst, market analyst, management consultant, and business strategist are available after the MBA course. Here is the list of some popular job roles after MBA Business Economics are:
|
Job Role
|
Job Description
|
Average Salary (INR) (Approx.)
|
|
Financial Analyst
|
Analyze financial data and provide investment advice
|
5-7 Lakhs per annum
|
|
Market Analyst
|
Analyze market trends and provide insights to the organization
|
4-6 Lakhs per annum
|
|
Management Consultant
|
Advise businesses on management strategies and organizational structure
|
6-10 Lakhs per annum
|
|
Business Strategist
|
Develop and implement business strategies to achieve organizational goals
|
7-12 Lakhs per annum
|
|
Operations Manager
|
Oversee and manage the day-to-day operations of an organization
|
8-15 Lakhs per annum
|
Note: The salary mentioned above may vary from company to company and based on experience and interview of individual student.
[MBA ] Business Economics Top colleges offering course
Top Colleges for MBA Business Economics:
Choosing a good college is a difficult task, good college leads to good career. Before choosing a college one has to check all the details about the college. There are many colleges are MBA Business Economics course but to choose a right college student must check some points like ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. The top colleges may have high fees but the placements are good from top colleges. Here is the list of some top colleges offering MBA Business Economics Course is:
|
College/University
|
Location
|
Average Fees (per year) (Approx.)
|
Placement Ratio (Approx.)
|
|
Delhi School of Economics
|
Delhi
|
INR 40,000
|
90%
|
|
Indian Institute of Foreign Trade (IIFT)
|
Delhi
|
INR 18,00,000
|
100%
|
|
University of Hyderabad
|
Hyderabad
|
INR 50,000
|
80%
|
|
Jawaharlal Nehru University (JNU)
|
Delhi
|
INR 12,000
|
90%
|
|
Gokhale Institute of Politics and Economics
|
Pune
|
INR 1,80,000
|
85%
|
|
Madras School of Economics
|
Chennai
|
INR 1,25,000
|
80%
|
|
Mumbai University
|
Mumbai
|
INR 1,50,000
|
75%
|
Note: The fees and placement ratio may vary, for exact information please visit to the official websites of the particular college.
Al-Falah University
Flame University
AKS University Amicable Knowledge Solution
AMET University AMET- Academy of Maritime Education and Training
Aurora Higher Education & Research Academy
Neotia University
ADYPU Ajeenkya DY Patil University
Amity University Mumbai
