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Bachelor of Science in Economics (BSc Economics) is a three-year Undergraduate program mainly based on Economics subject. The course is split up into 6 semesters. The course covers a variety of related topics, including Microeconomics, Macroeconomics, Time Series Analysis, and the Design of Experiments in Econometrics. Candidates will be able to assess financial cases logically and mathematically after completing the course. In addition to this, the course occasionally includes a thorough examination of banking and financial systems.
To be eligible for the BSc Economics course, a candidate must have passed 10+2 in any field, especially having marks in Economics, with an overall score of at least 50%.
BSc Economics Admission is based on the marks obtained in entrance examinations conducted at the national/state/college level. Most colleges and universities give admission on the basis of marks obtained in CUET, Rajasthan-JET, SET, LPU-NEST, NPAT, DAV-UET, and AUAT. Some of the best colleges in India offering MSc in economics are SXC, Kolkata, SXC Mumbai, Ramakrishna Mission Vidyamandir, Howrah, PSG College of Arts and Science, Coimbatore, MCC Bangalore.
Bsc Economics Highlights
Bsc Economics Highlights
| Course Full Form | Bachelor of Science in Economics |
| Course Duration | 3 years |
| Course Degree Requirements | A 10+2 in any field, especially having marks in Economics and Mathematics and an overall score of at least 50%. |
| Course Admission | CUET, Rajasthan-JET, SET, LPU-NEST, NPAT, DAV-UET, AUAT |
| Course Specializations |
|
| Top Colleges | SXC, Kolkata, SXC Mumbai, Ramakrishna Mission Vidyamandir, Howrah, PSG College of Arts and Science, Coimbatore, MCC Bangalore. |
BSc Economics Eligibility Criteria
BSc Economics Eligibility Criteria
Here are some of the criteria followed by colleges for admission to the course.
- Candidates must have completed their higher secondary education (10+2) from a recognized board or equivalent examination.
- Candidates are required to have studied 10+2 education with subjects including Mathematics and Economics. Some universities may also require candidates to have studied subjects like English, Accountancy, Business Studies, or Statistics.
- Students should have a percentage requirement for admission. Candidates need to have achieved a minimum aggregate percentage of 50% in their 10+2 examinations.
- Colleges may conduct entrance exams for admissions to their B.Sc. Economics program. These exams may include questions related to mathematics, economics, general awareness, and reasoning.
- There is no age limit for admission to a B.Sc. Economics program in India.
BSc Economics Entrance Exams
BSc Economics Entrance Exams
There are several entrance exams conducted in India for admission to B.Sc. Economics programs. Here are some of the commonly recognized entrance exams.
| Entrance Exam | Examination Date |
|---|---|
| CUET | May 21 to 31, 2023 |
| SET | Test 1 - May 6, 2023
Test 2 - May 14, 2023 |
| TS EAMCET | May 7 - 9, 2023 |
| IPU CET | May 2023 |
| KCET | May 20 - 21, 2023 |
| JCECE | 3rd Week of June, 2023 |
| NPAT | January 04, 2023 - May 21, 2023 |
| NCHMCT JEE | May 15, 2023 |
| PUCET | July 3, 2023 |
| MET | Phase 1 - April, 28 to 30, 2023
Phase 2 - May, 27 to 28, 2023 |
| DSAT | August 2023 |
| CUCET | To be announced |
Top BSc Economics Colleges in India
Top BSc Economics Colleges in India
| College Name | NIRF Ranking 2023 (College) | Eligibility | Fees | Average Package |
|---|---|---|---|---|
| St. Xavier’s College Kolkata | 5 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 60,500 (full) | INR 9.50 LPA |
| Ramakrishna Mission Vidyamandir, Howrah | 15 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 7,200 | - |
| PSG College of Arts and Science, Coimbatore | 20 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 7,000 | INR 2,95,000 LPA |
| Kamala Nehru College for Women, Kapurthala | 43 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | - | - |
| St.Joseph’s College Devagiri, Calicut | 59 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 34,000 | - |
| St Joseph College of Commerce, Bangalore | 65 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 72,500 | - |
| Bethune College Kolkata | 78 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 1,371 | - |
| St.Aloysius College, Mangalore | 80 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 35,750 | - |
| Scottish Church College Kolkata | 100 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 29,068 | - |
| St. Xavier’s College, Mumbai | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 7,190 | INR 6 LPA |
| RKMRC Kolkata | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 47,000 | |
| Mount Carmel College, Bangalore | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 42,000 | - |
| Christ University, Bangalore | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 95,000 | - |
| Kristu Jayanti College, Bangalore | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 60,000 | - |
| Lady Brabourne College, Kolkata | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | - | - |
| Loreto College, Kolkata | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 21,940 | - |
| Presidency University, Kolkata | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 2,050 | INR 5 LPA |
| Narsee Monjee Institute of Management Studies,Mumbai | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 3,25,000 | INR 23.07 LPA |
| Pondicherry University, Pondicherry | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 25,901 | - |
| XIM Bhubaneshwar | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 173,000 | INR 20.3 LPA |
Top BSc Economics Colleges in West Bengal
| College Name | Ranking | Eligibility | Fees | Average Package |
|---|---|---|---|---|
| St. Xavier's College - [SXC], Kolkata | 5 | Candidates must have 60 % marks in 10+2 with Economics and Mathematics | INR 60,500 | INR 9.5 LPA |
| Ramakrishna Mission Vidyamandira, Howrah | 15 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 7200 | - |
| Bethune College, Kolkata | 78 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 1,371 | - |
| Scottish Church College, Kolkata | 100 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 29,068 | - |
| Lady Brabourne College - [LBC], Kolkata | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | - | - |
Top BSc Economics Colleges in Maharashtra
| College Name | Ranking | Eligibility | Fees | Average Package |
|---|---|---|---|---|
| Saint Xavier’s College Mumbai | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 7,190 | INR 6 LPA |
| Narsee Monjee Institute of Management Studies,Mumbai | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 3,25,000 | INR 23,07 LPA |
| GH Raisoni Nagpur | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 45,000 | INR 2.95 LPA |
| MIT WPU | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 1,85,000 | INR 7 LPA |
| Narsee Monjee Institute of Management Studies, Navi Mumbai | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 10,15,000 | INR 10.15 LPA |
Top BSc Economics Colleges in Karnataka
| College Name | Ranking | Eligibility | Fees | Average Package |
|---|---|---|---|---|
| St Joseph's College, Bangalore | 65 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 60,000 | |
| St. Aloysius College, Mangalore | 80 | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 35,750 | |
| Mount Carmel College - [MCC], Bangalore | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 42,000 | INR 2,95,000 |
| Christ University, Bangalore | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 95,000 | INR 20,00,000 |
| Kristu Jayanti College - [KJC], Bangalore | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 60,000 | - |
Top BSc Economics Colleges in Rajasthan
| College Name | Ranking | Eligibility | Fees | Average Package |
|---|---|---|---|---|
| NIMS University, Jaipur | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 30,000 | INR 4.5 LPA |
| JECRC University - [JU], Jaipur | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 60,000 | INR 7.33 LPA |
| Maharishi Arvind University, Jaipur | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 27,000 | - |
| University of Technology - [UOT], Jaipur | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 30,000 | INR 5 LPA |
| SS Jain Subodh PG College, Jaipur | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 21,800 |
Top BSc Economics Colleges in Delhi
| College Name | Ranking | Eligibility | Fees | Average Package |
|---|---|---|---|---|
| Ashoka University, Sonepat | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 9,67,000 | - |
| Manav Rachna International Institute | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 1,26,000 | - |
| Indian School of Business and Finance | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 7,00,000 | INR 5.5 LPA |
| Devanagari College, Meerut | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | - | - |
| Durga Prasad Balaji College | - | Candidates must have 50 % marks in 10+2 with Economics and Mathematics | INR 2,015 | - |
BSc Economics Cutoff: Last 5 Years
BSc Economics Cutoff: Last 5 Years
Previous years' BSc Economics cutoffs for various colleges are mentioned below.
Delhi College of Arts and Commerce BSC Cutoff (Gen.)
BSc Economics cutoffs at Delhi College of Arts and Commerce are mentioned in the table below.
| Course | Cutoff 2022 | Cutoff 2021 | Cutoff 2020 | Cutoff 2019 | Cutoff 2018 |
|---|---|---|---|---|---|
| BSc Economics | 96-98 | 98.75 | 96.75 | 96.75 | 96.50 |
Hans Raj College BSc Cutoff (Gen.)
BSc Economics cutoffs at Hans Raj College are mentioned in the table below.
| Course | Cutoff 2022 | Cutoff 2021 | Cutoff 2020 | Cutoff 2019 | Cutoff 2018 |
|---|---|---|---|---|---|
| BSc Economics | 96-98 | 98.75 | 98.75 | 98.50 | 98.00 |
Hindu College BSc Cutoff (Gen.)
BSc Economics cutoffs at Hindu College are mentioned in the table below.
| Course | Cutoff 2022 | Cutoff 2021 | Cutoff 2020 | Cutoff 2019 | Cutoff 2018 |
|---|---|---|---|---|---|
| BSc Economics | 96-98 | 99.75 | 99.25 | 98.50 | 98.00 |
Jesus & Mary College BSc Cutoff (Gen.)
BSc Economics cutoffs at Jesus & Mary College are mentioned in the table below.
| Course | Cutoff 2022 | Cutoff 2021 | Cutoff 2020 | Cutoff 2019 | Cutoff 2018 |
|---|---|---|---|---|---|
| BSc Economics | 93-95 | - | - | 96.25 | - |
Ramjas College BSc Cutoff (Gen.)
BSc Economics cutoffs at Ramjas College are mentioned in the table below.
| Course | Cutoff 2022 | Cutoff 2021 | Cutoff 2020 | Cutoff 2019 | Cutoff 2018 |
|---|---|---|---|---|---|
| BSc Economics | 98-99 | 99.75 | 98.50 | 98.00 | 97.50 |
What After BSc Economics?
What After BSc Economics?
The future scope of BSc Economics is good as BSc in Economics completed candidates will have many prospects and professional options in the targeted field. The scope is expanding quickly and will keep doing so in the future. Banks and financial institutions in both the public and private sectors are hiring applicants for positions. Candidates who have earned their BSc can pursue higher education alternatives like the Msc in Economics. The candidates would have the chance to serve as faculty members at various schools and universities once they have earned these higher degrees.
| Particulars | Details |
|---|---|
| Average Salary | INR 19-20 LPA |
| Highest Package | INR 45 LPA |
| Job Profiles | Economist, Financial Manager, Policy Analyst, Research Analyst, |
| Top Recruiters | TERI, FICCI, NCAER, RBI, ISI as Professors |
| Higher Studies after MSc in Economics | MSc, Ph.D. in Economics |
BSc Economics Vs BA Economics
BSc Economics Vs BA Economics
A comparison between BSC Economics and BA Economics is discussed in the table below.
| Particular | BSc Economics | BA Economics |
|---|---|---|
| Full-form | Bachelor of Science in Economics | Bachelor of Arts in Economics |
| Duration | 3 years | 3 years |
| Eligibility | Only candidates with a Bachelor of Science in Science degree can pursue the BSc in Economics. | Anyone with any undergraduate degree can pursue a BA in Economics as a postgraduate degree. |
| Fees & Courses | INR 20 K - 2 L | INR 10- 70 K |
| Entrance exams | CUET, Rajasthan-JET, SET, LPU-NEST, NPAT, DAV-UET, AUAT | AU UGAT, AUCET, DUET |
| Top colleges | Saint Xavier’s College Kolkata, Ramakrishna Mission Vidya Mandir, Howrah, PSG College of Arts and Science, Coimbatore, Kamala Nehru College for Women, Kapurthala, etc. | Christ University, University of Delhi, Madras Christian University, Loyola College |
| Average Salaries | INR 6-7 LPA | INR 4-8 LPA |
| Job profiles | Economist, Financial Manager, Policy Analyst, Research Analyst, | Economist, Teacher, Economic Advisor |
BSc Economics FAQs
BSc Economics FAQs
Ques. What is BSc in Economics?
Ans. BSc Economics or Bachelor of Science in Economics is a three-year UG program that emphasises time series analysis, econometrics, design of experiments, microeconomics, macroeconomics, and other related topics.
Ques. What are the career opportunities available after BSc in Economics?
Ans. Students can work as financial analysts, stockbrokers, associate researchers, economic analysts, teachers, senior business analysts, senior economists, trade analysts, marketing managers, or regional retail managers in India after earning a BSc in economics.
Ques. What are the salary packages available after BSc in Economics?
Ans. With less than a year of experience to 12 years of knowledge, economist salaries in India range from 3 lakhs to 39.9 lakhs, with an average yearly pay of 13.4 lakhs based on 209 most recent earnings.
Ques. Which companies offer employment for BSc in Economics?
Ans. The municipal and state governments, public and private banks, insurance providers, think tanks, major multinational corporations, financial consultancies, accounting firms, and local authorities are all potential employers. In these positions, having a solid understanding of current events and economic conditions is crucial.
Ques. What is the scope of a BSc in Economics?
Ans. Students can learn about opportunities in financial institutions, the commercial sector, and the public sector. A student can choose from study options like a Ph.D. or M. Phil in economics if they desire to pursue further education and a degree. They can also pursue an MBA in the field of finance.
Ques. What are the skills required for completing BSc in Economics?
Ans. Skills required for a good economist include Mathematical ability, numeracy, grasp of complicated systems, social science knowledge, curiosity, and independence of thought, ability to handle uncertainty, Verbal and written communication abilities, etc.
Ques. What is the selection process for admission to BSc in Economics?
Ans. Entrance exams are used to determine admission at approved centers in India, provided all requirements are met. If there is a tie in the admission test scores, the merit ranking will be determined by age and the percentage of marks earned in the qualifying exam.
Ques. What is the process for applying for a BSc in Economics course?
Ans. Following is a discussion of the general admission process:
- Most universities distribute their application materials throughout May and June each year.
- After thoroughly examining all of the forms, the colleges then announce a cut-off list for various courses.
- The students who meet the cutoff criteria are qualified to enroll in the course at that specific institution or university.
- Additionally, several universities hold their national-level entrance exams for enrollment in their master's programs.
- 40% of the weight is assigned to the percentage earned in the Bachelor's degree, and about 50% is given to the performance on the entrance exam.
Ques. What are the eligibility criteria for MSc in Economics?
The candidate must fit the requirements listed below to pursue a Master of Science in Economics:
- The required minimum passing grade for a bachelor's degree from an accredited board is 50%.
- Engineering graduates and degree holders in topics like physics, math, and economics are both eligible to enroll in this course.
- Some institutions, like IGIDR, also base student admission on entrance exam results in addition to the aforementioned requirements.
- Candidates are recommended to check the websites of the individual colleges for confirmation since the other eligibility requirements differ from college to college.
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