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.
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.
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.
There are no particular criteria to apply for Economics at Bethune College. Any 12th passed student can apply for the course. They mainly consider the aggregate marks of your best 3 or 4 subjects. The selection is completely merit-based.
As the entire admission process is now conducted online, you also need to pay the fee for the application online.
Congratulations on your acceptance! Both the Gokhale Institute of Politics and Economics and the Madras School of Economics are well-regarded institutions for economics education in India. Ultimately, the decision depends on your personal preferences and career goals. Below is a table showing and comparing the two colleges and the courses in a table;
Aspect |
BSc Economics at Gokhale Institute of Politics and Economics |
BA Economics at Madras School of Economics |
Curriculum |
Core economics courses with mathematics, statistics, and programming courses |
Core economics courses with mathematics and statistics courses |
Campus Life |
Located in Pune, Maharashtra with a green campus and well-equipped facilities |
Located in Chennai, Tamil Nadu with a modern campus and state-of-the-art facilities |
Extracurricular Activities |
Active student clubs and events organized by the Student Council |
Active student clubs and events organized by the Students' Association |
Fees |
INR 3.81 lakhs |
INR 3.0 lakhs |
Admission Criteria |
Merit-based admission with eligibility criteria based on 12th-standard marks |
Merit-based admission with eligibility criteria based on 12th-standard marks |
Ultimately it depends on your goals and preferences, so choose wisely. Hope it helps, All the best!
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.
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 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.