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[schoolofeconomicsblog]

Top Trending Economics Specializations That You Can Choose!

Introduction

Economics degrees have always been in high demand. Numerous fresh and popular specializations in economics have gained popularity throughout time. Each branch has a special offering that many students can find appealing.

Benefits 

There are many reasons to study economics, but here are seven good ones:

1. It is advantageous to understand how the economy operates both personally and professionally.

2. Economics honours course can lead to a career in a variety of industries, including banking, finance, consulting, and more.

3. A degree in economics can serve as a solid starting point for post-graduate work in law or business.

4. Earning a degree in economics can aid in the development of critical and analytical thinking abilities that are useful in all professions.

5. You can gain an advantage in the employment market by having a background in economics.

6. Economics may be a fascinating and entertaining subject to study since it reveals how people behave and how society functions.

7. Earning an economics degree can lead to satisfying and enjoyable employment in which you assist others in making wiser financial decisions.

Major Specializations in Economics 

Here are some of the most popular economics courses and specializations currently trending:

Agricultural Economics: it majorly focuses on the economic analysis of the agriculture discipline. Subjects like farm management, agricultural marketing, agribusiness and agricultural policy.

Behavioral Economics: This specialization is a combination of psychology and economics. The aim is to study the factors based on which people make their economic choices. It is beneficial in the case of public policy decisions. 

Development Economics: This branch of economics focuses on improving economic conditions in developing countries. It covers topics such as poverty alleviation, infrastructure development and trade reform.

Health Economics: This subfield looks at how scarce resources are allocated within the healthcare sector. It covers topics such as funding, access to care and health outcomes.

Labour Economics: This area of economics investigates factors affecting employment and wages, such as job market regulation, unionization and immigration policy.

Career Opportunities in Economics 

An economics degree can lead to several different career opportunities. Others find jobs in the public sector, working for government agencies or non-profit organisations. Still, others use their skills to become business owners or consultants.

You can also opt for higher studies and pursue an MSc Economics degree. You can follow many rewarding and challenging careers with the right skills and training.

Economist

Financial risk analyst

Data analyst

Financial planner

Accountant

Economic researcher

Financial Consultant

Investment Analyst

Actuary

Public sector roles

Conclusion

Your choice depends on your specific goals and interests. Symbiosis School Of Economics offers the best quality education.

[schoolofeconomicsblog]

Highest Paying Jobs In Economics Sector That You Must Know!

Introduction

Economics studies how people use resources to satisfy their needs and wants. It helps us understand how people make decisions interact with one another, and what motivates them.

To become an economist, you must have strong analytical and critical thinking skills. You should be able to communicate effectively your findings to others.

Benefits 

1. Economics courses from top Economics Institutes in India can provide you with a strong foundation in the principles of economics and how they are applied in the real world.

2. Economics courses can give you an understanding of both microeconomics and macroeconomics, providing a well-rounded view of the economy.

3. Economics courses can teach you about financial markets and institutions, government policy-making, and international trade.

4. Economics courses can help you develop critical thinking and analytical skills valued in many professions.

5. Economics courses can better understand the news and current events, making you a more informed citizen.

6. Economics courses can provide an excellent foundation for further study of business, law, or public policy.

7. Economics courses can be exciting and stimulating, providing you with a challenge that can be both intellectually rewarding and useful in your career.

Highest-Paying Economics Jobs

Here we take a look at some of the highest-paying positions in this field:

Senior Economist: A Senior Economist typically earns a six-figure salary, making it one of the highest-paying economics jobs available. They provide analysis and advice on economic policy issues to Governments, International Organizations, and Central Banks.

Economic Consultant: Economic Consultants are responsible for providing financial analysis and advice to clients, usually large corporations or Government agencies. They use their skills to help their clients make informed decisions about investment, pricing, and other strategic decisions. 

Investment Banker: Investment Bankers advise clients on financial matters related to investments. They work with clients to identify investment opportunities and provide advice on how to maximize returns. 

Hedge Fund Manager: Hedge Fund Managers are responsible for managing investment portfolios for their clients. They make investment decisions based on their analysis of the market and the potential return on investment. 

Subjects

Some common subjects in economics courses include microeconomics, macroeconomics, econometrics, and finance. Other less frequently taught subjects to include international trade, development economics, and environmental economics.

Microeconomics is the detailed study of individual economic behavior, including consumers and firms. Macroeconomics studies aggregate economic activity, including inflation, unemployment, and economic growth. 

International trade is the study of trade between countries. Development economics is the study of economic development in low-income countries. Environmental economics is the study of the economic impact of environmental policies.

Conclusion

It is crucial to consider the specific role that you want to pursue before making any decisions. Leading Economics research institute in Pune, like Symbiosis Institute of Economics, offers Courses in economics with various specializations

[schoolofeconomicsblog]

Why Should You Study An Economics Degree ?

There are numerous definitions of economics. It is either the study of scarcity, the study of resource consumption and incentive response, or the study of decision-making. It frequently touches on matters of wealth and finance, but it's not only about money. We can analyse current headlines, comprehend historical trends, and predict future trends thanks to the extensive field of economics. The top economics institutes in India offer a variety of economics courses that help students understand different economics concepts extensively.  

There are many sizes of economies, from very small to extremely large. Microeconomics is the study of individual decisions. Macroeconomics is the study of the economy as a whole. For example, a macro-economist might concentrate on sovereign debt, whereas a micro-economist might concentrate on families' medical debt.  

Professors, government advisers, consultants, and workers in the commercial sector are just a few of the many occupations held by economists. They assess programmes, research human behaviour, and analyse social phenomena using theoretical models or empirical evidence. Additionally, their efforts influence every aspect of life, including home and state policies.

What Are Some Reasons To Pursue An Economics Degree?  

Economics Is Universal- Our daily lives are impacted by economics in both overt and covert ways. From a personal standpoint, economics frames many decisions we have to make about our jobs, hobbies, spending, and the amount of savings. Macroeconomic concepts like inflation, interest rates, and economic growth can greatly impact our way of life. Economics is a fundamental component of almost all facets of daily life, which is great if you're searching for a profession where your job will genuinely mean something in the world. There is, therefore, always a practical environment to take into account, even when studying theory.

Economics Offers Great Job Prospects- Any sector's foundation is economics, and you can use your understanding in a variety of jobs. You have a variety of employment options if you study economics, including finance, banking, insurance, law, and governance. A master's degree in economics will put you in the running for high-level positions because it shows that you have the expertise necessary for more senior tasks.

You Will Develop A Global Perspective- Economic systems are intertwined with their environment and do not exist in a vacuum. The study of economics provides both domestic and global viewpoints and sheds light on how different countries, cultures, and individuals interact. Practically speaking, success in a job in international business depends on your ability to comprehend the global economy, because of this, employers prize degrees in economics. 

Economics Help To Develop Interpersonal Skills- In addition to preparing you for a career as an economist, studying economics fosters the growth of essential hard and soft skills, such as critical thinking, communication, numeracy, research abilities, data analysis, time management, teamwork, problem-solving, computing, and commercial and cultural awareness. As a result, companies across several industries will be interested in your skills. 

So, if you're thinking about undertaking an economics honours course or a related degree, go for it without any doubts and dilemmas.

[schoolofeconomicsblog]

B.Sc Economics Vs B.Sc Statistics: Course Overview And Benefits

Introduction 

There are a few critical differences between B.Sc Economics and B.Sc Statistics. Economics is more focused on analyzing economic data and developing economic theories, while statistics is more concerned with collecting and interpreting statistical data. 

So which degree should you choose? If you're looking forward to pursuing a career in economic analysis or policy making, then a degree in economics would be a better choice. Whereas, if you're more interested in working with statistical data to solve real-world problems, then a degree in statistics would be a better fit.

Course Objectives

The objectives of B.Sc Economics are to provide students with a strong foundation in economic principles and theories to pursue a career in economics or a related field. The course also aims to develop analytical and research skills.

The objectives of B.Sc Statistics are to provide students with a strong foundation in statistical methods and techniques so that they can pursue a career in statistics or a related field.

Differences between B.Sc Economics & B.Sc Statistics

There are a few basic differences between B.Sc Economics and B.Sc Statistics courses. 

Firstly, B.Sc Economics focuses on analyzing economic data and applying economic theory to policy-making, while B.Sc Statistics focuses on the collection, analysis and interpretation of numerical data.

Secondly, B.Sc Economics is more focused on microeconomics principles, while B.Sc Statistics is more focused on mathematical and statistical methods.

Thirdly, B.Sc Economics students will typically take more economics-specific classes, such as econometrics and macroeconomics, while B.Sc Statistics students will take more mathematics-focused classes, such as calculus and linear algebra.

Finally, because economics is such a broad field, students in a B.Sc Economics program will get the chance to specialize in a particular area of interest, such as development economics or environmental economics. Students in a B.Sc Statistics program may also have the opportunity to specialize in a specific area of statistics, such as bio-statistics or actuarial science.

Benefits of B.Sc Economics vs B.Sc Statistics

There are many benefits to pursuing a B.Sc in Economics or Statistics. Here are some key advantages of each field:

B.Sc in Economics:

Develops strong analytical and quantitative skills

Provides a broad understanding of economic principles and their real-world applications

Builds problem-solving abilities useful in a variety of industries

B.Sc in Statistics:

Focuses on analyzing and interpreting data, developing statistical models, and drawing conclusions from data

Provides strong analytical and mathematical skills that can be applied in many fields

Builds critical thinking and problem-solving abilities

Conclusion:

Depending on your skill set, you can pick and choose the field in which you will crave your career. SSE is one of the best B.Sc economics colleges in India offer courses with various specializations

[schoolofeconomicsblog]

Why Should You Pursue An Economics Career

Economics is a broad field of study broken down into microeconomics and macroeconomics. Both aspects of economics are equally significant in understanding the functioning of this world, and by studying them, you can build remarkable skills to establish a lucrative future. Therefore, all economics degrees hold an essential value, from BA in economics to M.Sc in Economics. 

Economics as a subject

Economics studies the way people utilize resources to satisfy their needs and wants. It involves studying how people use the money to purchase commodities and services, how various businesses produce and sell these goods and services, and how governments regulate economic activity. Economics also includes the study of international trade and investment, as well as the study of economic history.

Benefits of Economics

Economics is present everywhere

In today's world, economics is present in everything we do. From our education to personal lives, economics plays a vital role in everything. As such, studying economics can be extremely beneficial in helping us understand the world around us.

Economics can help us understand how businesses operate and how they make decisions. It can also help us understand how governments operate and make decisions. In addition, economics can help us understand international trade and finance.

Overall, studying economics can help us better understand the world around us and make more informed decisions about what we do daily.

Economics makes a positive impact

Economics is the study of how people use resources to produce goods and services. It provides a framework for understanding how societies work and how economic activity affects people's lives.

Economics can be used to understand and predict human behaviour, assess public policy, and evaluate business decisions. It is also a valuable tool for making personal financial decisions.

Economics is a field concerned with management, entrepreneurship, technology, and humanitarian progress. Hence, economics takes a first-hand approach to make people aware of different aspects of life and provides a potential for unlocking evolution and development. 

Economics helps gain an international perspective

Economies work unitedly. Studying economics can give you an international perspective on the world economy and its workings. You will learn about different economic systems, trade agreements, and currency values. This knowledge can help you establish informed decisions about your own finances and investments. 

Economics helps in developing transferable skills

Economics is often regarded as a dry and complex subject. However, studying economics can help develop transferable skills that employers highly value. These skills include:

Analytical skills: Economics requires students to think critically and identify patterns and relationships. This helps develop strong analytical skills that can be applied in many fields.

Communication skills: Economics involves communicating complex ideas and data clearly and concisely. This helps develop strong communication skills that are essential in any career.

Problem-solving skills: Economics requires students to identify and solve problems. This helps develop strong problem-solving skills that can be applied in many situations.

Economics boosts your career prospects

Any sector's foundation is economics, and you can use your knowledge and skills in various jobs. A degree in Economics can provide a strong foundation for a successful career in business, finance, and beyond. But with a more detailed understanding of economics, you can land senior roles with better pay. 

So, what are you waiting for if you're aware of the endless advantages economics holds? Enroll into a good economics honours course or any other related degree now and enhance your future success.

[schoolofeconomicsblog]

MBA in Economics vs. M.A in Economics: Course Overview

Several work sectors are blooming leaps and bounds over the past decade. This has set the bar high in terms of the competition in the market. Economics is one such degree which has not lost its relevance. It remains one of the significant choices of the students interested in world happenings, an in-depth understanding of the working of people and government and much more in general. It is not a mere degree course, it is a part of our everyday lives. Symbiosis School of Economics is one of the best colleges for economics in Pune. 

It makes us aware and helps us analyse significant events and their impacts around us in a better light. This has led to students taking up degrees in Economics best economics college in India.

Simply explained, economics is the area of study that teaches us how to use our resources as efficiently as possible. There are, however, a number of other aspects to this topic. Economics is the study of the production, distribution, and consumption patterns of resources. A person who studies, analyses, creates, and implements economic theories and concepts is called an economist.

A post graduate program in economics opens up a number of avenues of work, study and research. A Master of Arts (M.A.) in Economics and MBA in Economics are the two trending Job profiles has long been a go-to choice for most people having an inclination towards the subject. 

Necessary Skills 

Management skills

Leadership Skills 

Critical Thinking Abilities 

Effective Communication Skills

Up to date with industry Changes namely -  mergers and acquisitions. 

Masters in Business Administration (MBA) in Economics

A Masters's in Business Administration (MBA) in Economics revolves around applying tons of theories and calculations practically. It incorporates solving and achieving various financial goals of an organisational level. It helps you carry out functions like how to set up the budget of the company or how to project the sales volume for the financial year.

MBA (Economics) deals with the following subjects: 

Concepts of Economics

Various tools of Economics

Demand and Supply

Market

Production

Distribution

Consumption

Fiscal Policy

Banking System

Inflation

World Economy

M.A in Economics

The M.A. in Economics is a post-graduate degree programme that lasts two years and provides students with a comprehensive and in-depth understanding of the subject. It covers every aspect of economics. It is a two-year postgraduate degree programme that provides an in-depth and detailed analysis of the subject, focusing on subjects like:

Subjects:

Principles of Economics

Micro Economics

Macro Economics

Banking and Money system

International Economics

Analytical and quantitative methods

Conclusions: 

As per your suitability and your preference, choose your ideal pick. SSE, one of the best economics college in India, offers a wide range of courses to cater to your careers aspiration.

[schoolofeconomicsblog]

Economics Vs Business Administration: Which Bachelors Degree To Pick ?

After completing your high school studies, you must pick a discipline in which you want to study further. It is a significant decision as Bachelors Degree is the first step toward shaping your professional career. Among many subject choices, two trending and widely popular subjects are Economics and Business. Going by the overview, both the subjects seem similar, as both deal up close with concepts of goods and services exchange. 

Having clarity about the course outline, the subjects and career prospects always helps in choosing your ideal degree. 

For students interested in business, both economics and Business studies are a good pick. The primary difference between them is that you get broader general education and practical applications by taking up a business degree. On the other hand, an Economics degree is a little more on the theory-heavy side.

However, in terms of approach and course curriculum, Economics and business highly differ from each other. Many reputed institutes across the country offer B.Sc Economics. Furthermore, numerous colleges and universities allow students to take up courses in Business Discipline. 

The concepts taught to the students are more comprehensive than the ones taught in business schools. A business degree usually is more focused on imparting knowledge and training students in skills that make them industry-ready. 

If we take Business Studies into account, the course design revolves around the profitability and feasibility of business and all other practical aspects. Whereas, In economics, the case studies will mostly focus on problems of inequality, market failures, functioning of the Social Choice Mechanism etc. 

Core Subjects: 

Subjects in Economics:

Mathematics

Statistical Theory

Applied Mathematics

Managerial Economics

Political Economy

Subjects in Business Administration:

Business Administration

International Business

Finance

Marketing

Economics

Employment:

Post Completing B.Sc. Economics, graduates have a wide range of sectors to explore in terms of Employment. Students are trained to excel in various financial operations such as analyzing patterns in statistical reports to predict future trends, identifying risks, helping businesses make optimum decisions, ensuring profitability and various other tasks. 

Pursuing your degree from Symbiosis School of Economics, ranking among the best B.Sc economics colleges in India, helps you stand out from the crowd. Listed below are some of the top career opportunities: 

Accountant

Auditor

Economist

investment banker

stock market analyst

equity research analyst

Stockbroker

risk management analyst 

A business Degree provides you with ample industry training and live projects, making you fit for the competitive world. Here are some of the major job prospects:

Asset Management

Banking

Fund Management

Corporate Finance

Trading

Investment Banking

Retailing

Insurance

Sales

Conclusion:

Both the subjects have lucrative career prospects and aid you in forming a strong foundation for higher studies and research. Analyse your skill sets and interest areas to select the right degree. Some of the best B.Sc Economics colleges in India, like SSE, offer various specializations too. So enroll in SSE and crave out your bright career path with us.  

[schoolofeconomicsblog]

Is Economics A Good Field Of Study

Do you want a degree that might help you comprehend the world around you, an economics degree like B.Sc followed by an M.Sc in Economics would be an ideal choice. Studying economics can help you to get an in-depth understanding of people and their businesses, markets, the government, and everything in between material prosperity. 

The study of economics involves solving problems like unemployment, recession, and global warming and aids the sustainable development of a nation. Therefore, it is also backed by a plethora of lucrative career opportunities. Economics can be an excellent supplement to many other study disciplines. Studying economics will also allow you to improve the lifestyle and well-being of people. 

An economics degree will always earn you work, despite the industry you are willing to work for. Therefore, there is always an increased demand for analytical, commercial, and numerical skills possessed by an economic graduate. 

Some career options for economics graduates include

As a professional economist, your job would be to evaluate economic data, trends, and challenges with quantitative and qualitative research. Confidently producing and presenting financial data forecasts and solutions to superiors and clients and advising them on important matters is also an important function. 

Professional economists are hired by state and central governments, private and public banks, MNCs, insurance companies, financial consultancies, and accountancy firms. 

In banking, economic graduates are always demanded hugely. The pay is also high for economic graduates in the banking sector. People from a financial background are required for financial planning, consultancy, data evaluation and analysis, and financial risk and control. 

Usually, banks hire economic graduates to provide the right guidance to keep the clients and customers satisfied by fulfilling the financial requirements. 

To find a career in the field of accountancy, getting a postgraduate degree after any economic honours course can boost employability on a grander scale. Accounting roles are provided in various industries involving the analysis of the financial conditions of companies. Jobs in accountancy include responsibilities like researching, coordinating, understanding and imparting financial information and data. 

These jobs need professional analytical and numerical skills as well as adept computer competence.

Economic expertise is always required in small as well as large firms. The extensive knowledge of economic model theories and principles taught in any economic degree is of utmost importance to running a business. 

An economic researcher or financial consultant in the business field may handle numerous clients daily. Hence, the problem-solving and mathematical skills imbibed during the learning period are put into substantial use to serve corporate finance essentially. 

Economics-related careers in the public sector consist of various forms of government spending like public taxation, commercial services, transportation, and much more. Due to the recent recession, high-level economic restrictions have been imposed by the government, thereby making it easy for economic graduates to find employment after education. 

Some more common economist roles can be taken up. For example, you can find a job as an auditor, pricing analyst, salesperson, statistician, or maybe more. So, if you’re dilemma about whether or not you should go for an economics degree, rest assured that you should. 

[schoolofeconomicsblog]

Mistakes To Avoid While Choosing Your Ideal Economics College

Various work avenues are growing leaps and bounds, and so is the level of competition to succeed and survive in the industry. Economics is not just confined to a degree course or theory; it is a part of our everyday lives. It helps us to stay aware and understand the world scenario and the happenings around us in a better light. This has led to students taking up degrees in Economics research institutes in Pune and across India.

B.Sc Economics is a specialized undergraduate 3-Year programme. Studying economics aids students in taking up a career in finance-related sectors. Symbiosis School of Economics is among the Top Economics Institutes in Pune. The study of economics involves politics, psychology, and history, sociology.

Why Choose Economics ?

Talking about why you should pick Economics, there are several reasons supporting the statement. India has a vast population and an expanding economy. This offers a unique chance to study economic growth and policy-making in a practical situation. Analyzing economics in India would also help you better grasp the culture and society of that nation.

Pursuing economics From Top Economics research institute Pune, like SSE, have ample career scopes and Job opportunities in various fields.

Mistakes to Avoid:

With the increased demand for economics graduates in recent years and their employment rate has also improved. Before taking admission to colleges and universities to study economics, you must consider some factors. Here are some of the points that you should keep in mind before picking your dream college:

Research a bit about the background and the economics department of the colleges. This would be where you will attend all your classes and projects. Be sure about the courses offered and the core subjects.

Always have a clear idea of what you are seeking from the course. Make sure your skill sets and interest align with the course curriculum. It helps you excel in the field and remain attentive.

Know the Faculty Team and the other significant amenities of the college. Visit the campus and get in touch with the existing students if possible. It gives you a clear idea about the institute.

It would be best if you chose an institute with good industry exposure. The university must provide Internship and Placement assistance. It gives you up-close insight into the working of the big firms in the sector.

The institute plays a key role in shaping your future; thus you need to be mindful of this decision. Make sure that you choose a college with an excellent academic reputation.

Conclusion:

With a rise in the percentage of students taking up Economics, it is vital to be at the top of your game. So pursue B.SC in Economics at SSE and put your best step forward in the professional world.

[schoolofeconomicsblog]

Why Is Economics Studies The Need Of The Hour

The COVID-19 pandemic has adversely affected our lives and other aspects of it in multiple ways. It changed the way the traditional trends were working. During such a crucial time, students need to pick their careers wisely. They should choose a course which not only educates them well but also prepares them well for the professional world. 

Thus, it is crucial to have a clear idea about the skill sets you possess and your career goals. Picking a job-oriented course like Economics can help shape your career successfully. There are a handful of best economics colleges in India providing courses in Economics. 

Most of the activities that we carry out are directly or indirectly related to the economy and finance fields. As the economy is growing, there is a massive demand for trained and skilled professionals who can deal with and understand situations effectively. 

Symbiosis School of Economics is one of the best colleges for economics in Pune. With a wide range of specializations, it is acing academic excellence. Here are some sectors where students of the economy will have ample employment opportunities. 

Top Corporates:

The Covid-19 pandemic has had such a severe impact on a nation's significant, established private sector that it would need a large team of knowledgeable economists to get them back on track. Businesses need individuals who can analyse, develop, and promote them in the most effective manner possible while also assisting them in making a profit.

Economics majors have the opportunity to work as junior economists, research analysts, market analysts and benefit analysts. They may also function as policy analysts, supply chain analysts, personal finance advisors, and in various other lucrative positions.

Government:

In terms of jobs, there is no shortage of opportunities in the sector. Both the Center and the state need economic backing on crucial matters like Budget developments, International trade, urban planning, Policies of BPL etc. It goes without saying that Government firms cannot function without economists being directly involved in the system. 

Non-Profit Organisations: 

NGOs hire economic graduates for various roles and responsibilities. From financial projections to other important tasks, economists are of utmost importance. The make or break of the deal depends on them and their funding.

Banking:

The Banking sector also needs trained professionals with good knowledge of economics. It is quite favourable if the higher positions like Managers, Directors, and Administrators have a good hold of the subject and are from relevant backgrounds. Since financial consultants are frequently hired to analyse investments and provide recommendations, the banking industry cannot exist without good economists.

Conclusion:

All the sectors mentioned above and many others need economists for the proper working of the firms. This clearly highlights the wide range of opportunities available to economists from multiple sectors. Join SSE, the best college for economics in Pune and level up your career with us.

[schoolofeconomicsblog]

B.Sc Economics Couse Overview: Your 101 Career Guide

Economics aims to clarify the motivations behind people's actions, choices, and responses to challenges or victories. The study of economics integrates politics, sociology, psychology, and history.

B.Sc Economics is a specialized undergraduate course in the study of economics. Students who have just passed high school can enrolL in this 3-year programme. Studying economics helps students crave a successful career path in finance-related sectors. Among the various B.Sc economics colleges in India, Symbiosis School of Economics is one the best to pursue your degree. 

There are many ways in which a B.Sc. Economics degree can open up options in your professional career.

Scope: Individuals enrolled in the programme get training to perform various financial operations, including analyzing patterns in the statistical reports to predict future trends and risk identification. Economics Graduates help in making effective business decisions to ensure profitability. 

Improved Perspective: Studying economics provides you with an insight into abilities, strategies, and ways of thinking that is beneficial in solving issues. One of the vital academic fields that stands out in supporting the study of business, management, and public policy is economics.

Multiple Career Options: There are numerous career options for B.Sc. Economics students to kick start their careers in finance with Job posts like an accountant, auditor, economist or investment banker. Also, they might take up profiles like stock market analyst, equity research analyst, stockbroker, risk management analyst and various other careers.

Graduates with good academic hold might also consider choosing a career in academics as a teacher or professor. There are opportunities for them to take up P.hd or higher research studies in the discipline. 

Allows You To Make A Positive Impact On Society: The primary foundation for understanding public policy is furnished by economics. People with a major are more equipped to grasp the key political concerns that influence social and economic outcomes. 

Developed Soft skills: Communication and culture are two crucial qualities of a globalized society that you can develop through an economics study. You'll also increase your business knowledge, which is a skill that is valuable in many aspects of the working world.

Prestigious Affair: A degree in economics also elevates your status. Successful economics students must possess strong intellectual faculties. Economics is a social science that has the potential to win a Nobel Prize due to its significance in society. This places it on par with other academic fields that grant prizes, including chemistry and physics.

Conclusion: 

With an increase in the percentage of students taking up Economics, it is important to be at the top of your game. Pursue B.SC in Economics at SSE and put your best step forward in the professional world.

[schoolofeconomicsblog]

How M.Sc Economics Paves The Way For A Brighter Future

The study of economics is a subject study involving the happenings of the world. You can have a better understanding of situations and their occurrences. With applications in many different industries like banking, insurance, financial services, trade & commerce, economics is a subject that will never go out of trend. 

Economics honours course also involves the study of company management. With the support of a master's degree, the major and very promising discipline of economics can open up various demanding job options.

There are numerous colleges providing Degrees like M.Sc Economics and B.Sc in Economics. While choosing a college, you should keep in mind the course structures, specialization offered and the faculty support. Symbiosis School of Economics is one of the best universities in the country. There is a considerable demand for Economic personnel who understand the industry perspective and work in depth. Economics honours Courses and M.Sc Economics are courses which give you helps you learn the important aspects in detail and polish their skills. 

Here are top 4 reasons how degree in Economics is beneficial: 

You can influence industries and encourage business success: Businesses and sectors are significantly impacted by economics. Understanding the economy may help businesses and industries weather the changes, prosper, and thrive because it is dynamic and subject to numerous ups and downs.

Business executives can benefit from using economics to focus on profitability and be aware of opportunities to take advantage of them proactively.

Your employment prospects will be excellent: Employers worldwide are in high demand for economics degrees since economists will always be needed in all industries. Market research analyst, economic consultant, compensation and benefits manager, actuary, credit analyst, financial analyst, policy analyst, lawyer, management consultant, and business reporter are a few potential career paths for economics graduates, according to The Balance Careers.

Your abilities will be adaptable: In addition to preparing you for a career as an economist, studying economics fosters the growth of essential hard and soft skills, such as critical thinking, communication, numeracy, research abilities, data analysis, time management, teamwork, problem-solving, computing, and commercial and cultural awareness. As a result, companies across a range of industries will be interested in your skills.

Beyond supply and demand: Many of the phenomena we see every day are based on economics. Economic factors also affect the cost and type of mango you will choose to purchase once the monsoon season approaches, in addition to influencing Jio's decision to give free internet access along with phone services. 

India has to educate more of its people on economic fundamentals so that they may comprehend the forces that affect and shape the markets and pricing in their immediate environment.

Enroll in SSE and make the best out of your career. 

[schoolofeconomicsblog]

Economics Education in India - Understanding Its Aspects

Economics is an essential area of study in the Humanities that involves understanding the distribution of wealth and assets in society, consumption levels, and rules that govern the many aspects of the economy. Its popularity has given rise to students searching for top Economics research institutes in Pune and around India. 

The relevance of research and the scope for this topic has only grown through time, not only because of expansion in financial activity around the world but also because of many variables impacting any financial activity, be it political, social, or even historical causes. As a result, the subject's breadth and application to various aspects of human existence have expanded. 

Recognizing this early is critical for college students seeking admission to the finest Economics research institute in Pune, India. Economics is one of the most popular fields of study in the Humanities, and it has opened up a world of opportunities. With several outstanding economics colleges in India offering B.Sc. Economics, M.Sc. Economics, the study is focused on developing a thorough understanding of the micro and macro components of the national and international economy. 

Choosing economics as a major may be beneficial both professionally and personally, considering the career opportunities available to college students who major in economics. In addition, college students are introduced to the micro and macroeconomic aspects during their undergraduate studies. In conjunction with mathematical and statistical principles, it aids in comprehending economic theories. 

Furthermore, the research includes mathematical and econometric tools that help college students seeking a B.Sc. in Economics build excellent analytical skills. All programmes are carried out in line with international standards to support college students in developing intellectual and professional skills for a successful career. 

The entire technique is a comprehensive procedure that strives to provide leadership skills while also promoting work-life balance. Graduate college students in India receive placement aid, career and employment counselling, or pursue higher education such as M.Sc. Economics. 

The Masters in Economics programme is offered to students who have completed their B.Sc. Economics, B.E. degree, or other degree specified by the institution. The goal is to ensure that researchers use economic concepts in real-life settings and study alongside other multidisciplinary areas of specialization. 

Priority is given to employability and professional aspects. Because the curriculum blends research, theory, and practice, the study incorporates an empirical approach to teaching. Following the completion of the M.Sc. Economics in India, the institution provides career counselling and job assistance through its placement cell. 

The Master's programme prepares college students for the PhD programme, allowing them to work in the private or public sector. A few available alternatives are banking and finance, market research, and capital markets as independent specialists. 

The M.Sc. (Economics) degree is intended for college students who want a rigorous higher education and training in the subject of Economics to pursue professional paths that include analytical, empirical, financial, advisory, managerial and research-oriented work at adequate and normative levels from the top economics institutes in India.

[schoolofeconomicsblog]

Is B.Sc Economics a good course for budding entrepreneurs

B.Sc Economics is a three year full time undergraduate course which develops the skills and knowledge required in business and finance.

A toolkit of abilities, strategies, and methods of reasoning that you may use to solve a variety of issues is acquired via studying economics. A key discipline supporting the study of business, management, and public policy is economics.

B.Sc Economics is a rigorous programme which requires a lot of time, effort and attention. The course structure covers such a vast region of studies which one has to keep tabs of. 

The curriculum for the B.Sc Economics(Hons) programme is interdisciplinary. This helps the aspirants develop intellectual capacity, critical thinking skills, and entrepreneurial abilities. Aspirants are exposed to both NGO and corporate work cultures during the course's internship component. The course also encourages research exposure through research projects and dissertations. Furthermore, the course offers specializations that allow students to excel in finance, pure quantitative analysis, social sciences, or a combination of these specialties. These prepare the aspirant for a variety of career choices by the end of three years. From research analysts and consultants to business owners, entrepreneurs, and academics.

Symbiosis School of Economics is the best college for economics in Pune. They have both, the Bachelor’s and Master’s programme for Economics. 

The first year of the programme includes courses that cover the fundamentals of economics, mathematics, and statistics. 

Students in their second year, can opt for interdisciplinary courses such as political economy, financial management, public policy and administration, and foreign languages. Exposure to these courses assists them in honing their skills for a variety of careers. There are research projects and internships in the second year given by the university. Furthermore, value-added courses such as advanced Excel and data analytics are included as part of the programme. All students have the option to participate in the student exchange programme during the fourth semester. This promotes multicultural exposure and understanding. 

SSE, Pune has a wonderful B.Sc economics curriculum which gives a lot of exposure to the students and a space for networking. It is the best economics colleges in India. 

The final year is designed to prepare students for further academic pursuits, such as admission to prestigious institutes and universities, or to find gainful employment with our esteemed recruiters. The solid foundation in economics and quantitative analysis established over the previous two years provides the ideal foundation for the final year of the programme, which will broaden their knowledge and horizons. Students can choose from a variety of courses, including operations research, economic thought, international financial management, corporate finance, gender economics, law, journalism, and econometrics. Further comprehensive training in software such as R, SPSS, Tableau, and Python improves their employment prospects.

An economics degree will increase your employability in a variety of fields, regardless of industry. The global labour market is in high demand for highly numerate graduates, and the widely transferable analytical and problem-solving skills developed by economics students means that economics careers are extremely broad and diverse.

[schoolofeconomicsblog]

BSc economics course details: best BSc economics colleges in India

BSc Economics is a full-time undergraduate program with a time period of 3 years. applicants who have passed Class 12 or any alternative exam from a recognized institute are eligible to apply for this course. Admission to the program will be based on merit, i.e., based on the applicant’s marks in the class 12 exam. though, some colleges provide admission to this course based on the applicant's performance in the entrance exam.

BSc Economics is a course that will help students to understand the significance of economic growth and the different ways it needs to be exercised in different sectors. For example, the sustainable use of natural resources, consumption of commodities and services in the best possible way, conservation of the balance of demand and supply in the market, etc.  This course offers students with knowledge of micro and macroeconomics that include, economics at an individual level, for example, determining demand and supply of consumers, and economics at the national level, for example, GDP of the country. Upon completion of this course, students will be capable of getting jobs in different organizations like Banking and Finance Section and production firms, etc. BSc economics course provides students with the knowledge and expertise that, will help them to become successful financial advisors and build their careers.

The eligibility criteria for BSc economics colleges in India include: The students must have passed the 12th standard or any other equivalent examination from a recognized board.

The students should have a minimum of 50% marks in class 12th board exams.

Entrance examinations are an important part of the admission process in B.Sc. stream for some colleges. Some of the top entrance examinations conducted for admission to the BSc Economics program are JET, NPAT, BHU UET, SUAT, and CUET.

Some of the best BSc economics colleges in India are:

Symbiosis School of Economics, Pune

St. Xavier's College, Mumbai

St. Joseph's University, Bengaluru

PSG College of Arts & Science, Coimbatore

Presidency University, Kolkata

Lady Brabourne College, Kolkata

Among these colleges, SSE would be your best choice. BSc economics program in SSE follows an interdisciplinary curriculum. This develops intellectual capacity, critical thinking, and entrepreneurial capabilities in our students. During the internship element of the course, students get exposure to both NGO and Corporate work societies. The course also encourages exposure to exploration via research projects and compositions. besides, the course includes specializations through which students can choose to excel in finance, pure quantitative analysis, social sciences, or a combination of these specialties. By the end of three years, the students of SSE are ready for careers in different businesses. From research analysts and consultants to leaders, entrepreneurs, or academicians.

[schoolofeconomicsblog]

All There is to Know About a Master’s Degree in Economics

MSc Economics is a two-year postgraduate degree focused on the topic of Economics. It is often separated into four semesters. The course's curriculum includes Microeconomics, Macroeconomics, Time Series Analysis, and Design of Experiments Econometrics, among other topics.  

Candidates who complete the course would be able to evaluate financial problems mathematically and logically. Aside from this, the course may also contain a comprehensive examination of financial processes and banking systems.  

This course covers the analytical and mathematical ideas of economics in depth, in addition to the core theoretical elements of economics.  

Candidates who complete the MSc in Economics programme can work as economists in a variety of industries, including central banks, international organizations, and private sector enterprises including economic consultancies. There are also government job options accessible. Economics graduates also tend to have a plethora of work prospects in financial industries.   

MSc of Economics is among the most prestigious and well-known courses in the subject of Economics. This degree is always in high demand in the finance industry since graduates will have enough expertise both in economics and mathematics.  

The training provides some of the best employment as well as internships within economic forecasting organizations, data analytics corporations, and government agencies also including TERI, FICCI, NCAER, and the RBI.  

Employees in any of these public organizations earn an average beginning pay of INR 4,00,000 to INR 6,00,000. Candidates will be able to function not just as economists, but also as economic data analysts.  

The average yearly pay granted to successful course postgraduates would be somewhere between INR 6 and 12 lakhs. Candidates may also pursue advanced studies, such as a PhD in Economics. After earning a PhD, the applicant will be eligible to work as a faculty member at a variety of schools and institutions.  

Many colleges hold an admission test for MSc Economics admission. However, the majority of universities provide admission to the programme based on merit. Candidates must submit the application for admission to the individual universities whenever the application forms are made available.  

The following are some of the major entrance tests for this course:  

IIT JAM: The IIT Council administers this entrance test to give admission to different MSc programmes offered by all of India's IITs.  

ISI Admission Test: ISI admission is based on an entrance examination as well as an interview session given by the Institute.  

Symbiosis School of Economics Entrance Exam: The College holds its own admissions test. Entrance exams, qualifying exams, group discussions, and personal interviews are used to choose qualified applicants.  

Getting admitted into a MSc Economics course is much easier after having completed BSc economics honors courses from the same college.