MBA Business Economics: Admission, Eligibility, Syllabus, Colleges, Scope, Jobs, Salary

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Sounak Banerjee

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The MBA in Business Economics is a two-year postgraduate course. Its goal is to embrace and understand economic concepts, learn about business-related difficulties, and develop the best possible solutions. Graduates of the MBA Program in Business Administration prepare for jobs in banking, general administration, economics and development planning.

Admission to the MBA in Business Administration requires that students achieve at least 50% of the total to be eligible to apply for the course. The entrance examination required for admission must be taken by the students. When applying for an MBA degree in Business Administration, students need to know about the admission requirements. 

See Also: MBA Admission Process

After the personal interview, students can participate in group discussions and check the documents with the university before paying the fees. The best private recruiters are: Google, Microsoft, Intel, Reliance, Amazon, etc.

MBA Business Economics Course Details

Course Name Master of Business Administration in Business Economics
Course Level Postgraduate
Duration 2 Years
Admission Process Entrance Exam
Top Entrance Exam
  • CAT
  • CMAT
  • MAT
  • XAT
  • NMAT
  • SNAP
  • ATMA
  • GMAT
Eligibility A minimum of 50% average marks in graduation
Top Colleges St Joseph's Institute Of Management, Bangalore;
Institute Of Business Management, Csjm University, Kanpur;
Lal Bahadur Shastri Institute Of Management, New Delhi; and
Maharshi Dayanand University, Rohtak
Average Course Fees INR 5 - 20 LPA

MBA Business Economics Admission

The MBA Business Administration admissions process is based on cut-off scores from direct admission or grades achieved in the entrance examination. Admission to MBA courses does not depend on the specialization chosen by the student. 

See Also: MBA Skills Required

All invited applicants must complete the admission form online or offline, attaching all documents in this format including Aadhar card number, proof of address, place of residence, grade sheets 10, 12 and graduation grade sheet need to do it.

See Also: GD Topics for MBA Admission

After a group discussion, shortlisted students will attend face-to-face interviews with university/college experts. After the personal interview, students can participate in group discussions and check the documents with the university before paying the fees.

Eligibility

  • Students with a bachelor's degree must achieve at least 50% of the total and are eligible to apply for the course. 
  • The entrance examination required for admission must be taken by the student himself/herself.
  • There is no age limit for enrollment, so anyone can enroll. 
  • Some colleges/Universities demand at least one year of her relevant experience, the candidate can enroll in courses to hone and broaden her management skills.

Check: MBA Eligibility

Entrance Exams 

Exam Registration Period Exam Date
CAT 1st week of August 2023-2nd week of September 2023 November 26, 2023
MAT February 8– February 21, 2023 Feb 26, 2023
ATMA December 24, 2022- February 18, 2023 February 25, 2023

MBA Business Economics Syllabus

Semester I Semester II
Operations Management Corporate Finance
Business Analytics International Business
Managerial Economics Organizational Behaviour
Accounting for Managers Marketing Management
Foundation of Management Operation Research and Management
Business Statistics Business Research Methodology
Business Environment Human Resource Management
Computer Application and E-Commerce Indian Social and Political System
Semester III Semester IV
Fundamentals of Econometrics Data Mining and Data Warehousing
Mathematical Statistics Economics of Business Strategy
Market Microstructure Business Analysis using MS Excel
Time Series Econometrics Applied Multivariate Analysis
Econometrics Programming in Oracle
Business Analytics Feasibility Analysis

MBA Business Economics Jobs

Job Roles Job Description Salary (INR)
Corporate Manager The Corporate Service Manager develops and implements strategies that manage the organization's day-to-day operational activities. INR 7 LPA
Economist Economists produce reports, tables and charts. Economists gather and analyse data, look at trends, and assess economic issues as they examine the production and distribution of resources, goods, and services. INR 7 LPA
Public Relations Advertising strategy and campaign planning. Writing and producing presentations, articles, press releases and social media posts. INR 5 LPA
Stock Analyst Stock analyst responsibilities include researching companies or specific industries, performing financial analysis based on current market trends and historical data. INR 2.8 LPA
Data analyst. Data analysts gather and preserve information about many behaviors, including sales, market research, logistics, and linguistics. They provide their technological know-how and guarantee the accuracy and quality of the data. INR 6.9 LPA
Financial planner A financial planner's primary job is to help clients develop personal budgets.Set savings goals. minimizing, managing and/or managing expenses; taking necessary steps to create and accumulate wealth, etc. INR 3.5 LPA

MBA Business Economics Scope 

There is a wide range of jobs for MBA Business Economics graduates in both the private and public sectors. After graduation, students aiming for an MBA in business administration can get a big job without being bound by a specific field. An MBA degree in business administration with many specializations is a comprehensive degree. Some of the areas of recruitment are:

  • MNCs
  • ICICI Bank
  • Infosys
  • Cognizant
  • Wipro
  • Accenture
  • KPMG 

See Also:

Courses after MBA Business Economics 

Students/candidates who complete an MBA in business courses may be employed by professional groups such as McKinsey and Company. MBA in Business Economics graduates can also choose to continue their higher education such as a PhD in Business Administration or take accredited courses in Business Economics, Artificial Intelligence, or other technology-based courses . 

MBA Business Economics: FAQs

Ques. What is MBA Business Economics?

Ans. The MBA in Business Economics is a two-year postgraduate course. Its goal is to embrace and understand economic concepts, learn about business-related difficulties, and develop the best possible solutions. 

Ques. Who can do MBA Business Economics?

Ans. Students with their undergraduate degree must obtain a minimum of 50% aggregate, can apply for the course. 

Ques. What courses can be done after MBA Business Economics?

Ans. MBA in Business Economics graduates can choose to pursue their higher education like a PhD in Business Administration or pursue certification courses in Business Economics, artificial intelligence.

Ques. What are the top colleges for pursuing MBA Business Economics?

Ans. St Joseph's Institute Of Management, Bangalore; Institute Of Business Management, CSMJ University, Kanpur; Lal Bahadur Shastri Institute Of Management, New Delhi; and Maharshi Dayanand University, Rohtak are the top colleges for pursuing MBA Business Economics.

Ques. Is it worth doing MBA Business Economics?

Ans. Yes, an MBA in Business Economics can secure future and help students get hired for job profiles in business forecasting, market research, forecasting, quantitative management, and project management.

Ques. What are the subjects in MBA Business Economics?

Ans. Some of the core subjects in MBA Business Economics:

  • Micro Economics Analysis 
  • Statistical Methods
  • Principles of Management
  • Organizational Behaviour
  • Business Accounting
  • Computer Application
  • Macro-Economic Analysis

Ques. What are the benefits of doing MBA Business Economics?

Ans. Some of the benefits of doing MBA Business Economics are: Career opportunities,

International knowledge, Highly-desirable skills, and Combine economics and business.

Ques. What skills are required to pursue MBA Business Economics?

Ans. Skills are required to pursue MBA Business Economics?

  • Communication skills.
  • Initiative.
  • The ability to pivot.
  • Planning and organization.
  • Strategic and analytical thinking.

Ques. What are the entrance exams for MBA Business Economics?

Ans.

  • CAT
  • CMAT
  • MAT
  • XAT
  • NMAT
  • SNAP
  • ATMA
  • GMAT

Ques. What is the average salary of MBA Business Economics graduate?

Ans. The average salary of MBA Business Economics graduate is INR 10 LPA.

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