BBA (Economics)

BBA (Economics)

(1). About the Course

The BBA in Economics degree is a three-year software with a specialization in Economics. BBA is an undergraduate application that specializes in the basics of commercial enterprise control and administration, even as the specialization in Economics provides students with a comprehensive understanding of economic theories, principles, and their practical applications.

Economics is important is obtainable as a specialization for the Bachelor of Business Administration application and will plan understudies for a vocation in a collection of enterprises, government, and non-advantage associations.  In Economics Major, understudies examine cash saving gain exam to peer how people settle on selections approximately using uncommon property and the consequences of those selections for businesses and exceptional partners. 

Understudies are organized to ace 3 good-sized abilities: realistic concepts applied in looking after issues, notions, and derivation from information, and showing mind each recorded as a difficult replica and verbally.  These capabilities are validated treasured and successfully transferable to a collection of settings each man or woman and enterprise levels, and in each personal and open element of the economy. 

Information on Economics empowers understudies to display screen and observe modifications going on in specific international locations or person segments of an economy. This provides as much as posing most important inquiries approximately the concept of economic alternatives and every so often tending to proposition to alternate authorities strategies.  The instructional plan covers zones of international exchange, accounts, cash, banking, and economic organizations, and globalization of enterprise sectors, amongst others.

A BBA in economics topics offers understudies a gradually affordable prologue to economics topics. The BBA degree is in most cases supplied via way of means of the college's institute of commercial enterprise in economics matters. The BBA is mainly right for understudies who're eager on coming into the hobby show off following graduation. The BBA is moreover becoming for understudies who want to are looking for after enterprise on the professional stage and are eager on getting a Master of Business Administration.

Course Highlights

Given below are a few of the important highlights of the BBA in Economics program:

Particulars	Value
Course Name	Bachelor of Business Administration in Economics
Course Level	Undergraduate
Course Duration	3 Years
Course Mode	Full-time, Part-time, Online & Distance
Eligibility Criteria	Passed 10+2 in any stream with a minimum of 50% from a recognized university
Admission Process	Entrance Exam and Merit Based
Average Annual Fee	INR 75,000-2,00,000
Average Annual Salary	INR 2,00,000-15,00,000
Top College	UPES, MIT-WPU, Bennett University, Bennett University, etc.
Job Profiles	Business Consultants, Information Systems Managers, Business Administration Professors, Production Managers, Finance Managers, Human Resource Managers, Business Administration Researchers, Management Accountants, etc.
Top Recruiter	HDFC Bank Pvt Ltd, Deutsche Bank, Amazon.com Inc, Concentrix Corporation, Societe General, Kotak Mahindra Bank, Royal Bank of Scotland, etc.

Why study BBA Economics?

Studying BBA (Bachelor of Business Administration) with a specialization in Economics in India can offer several advantages. Here are a few reasons why you might consider pursuing this course:

(ii). BBA Economics opens up diverse career opportunities. You can pursue roles in financial analysis, market research, economic consulting, business development, and strategic planning, among others. Many companies, consulting firms, banks, financial institutions, and government organizations seek professionals with a strong understanding of economics and business.

(iii). The BBA Economics program helps develop an entrepreneurial mindset by providing insights into economic trends, market dynamics, and business strategies. This knowledge can be beneficial if you plan to start your own business or work in a startup environment.

(iv). Studying BBA Economics in India provides you with a deeper understanding of the country's economy, policies, and challenges. India is a rapidly growing economy with a diverse business landscape, and having expertise in both business administration and economics can be valuable in navigating the Indian market.

(v).  BBA programs often offer networking opportunities, industry interactions, and internships. These experiences allow you to build connections with professionals, gain practical exposure, and enhance your employability.

(vi). The application develops an extensive variety of abilities that can be notably valued in numerous industries. You will acquire analytical, critical thinking, problem-solving, and decision-making skills, along with a strong foundation in business management and economics.

(2). Admission Process

Applicants for the BBA in Economics must have passed the 12th board examination with at least 50% marks. Students with lower marks can opt for the SET BBA. If you have studied your class 12th in a foreign country, you can also apply for the program. You will be required to have a minimum of 50 percent aggregate in your qualifying exam to be considered for admission.

Types of BBA Economics Course

Here are the common types of BBA Economics courses based on their duration:

(1). Full-Time

The most common type of BBA Economics course in India is a three-year undergraduate program. This program typically follows a semester or annual examination system and covers core business administration subjects along with specialized courses in economics.

(2). Integrated Five-Year BBA-MBA

Some universities offer integrated BBA-MBA programs that span five years. These programs combine undergraduate and postgraduate studies, allowing students to earn both a BBA and an MBA degree. The first three years focus on the BBA curriculum, including economics courses, followed by two years of MBA coursework.

(3). Four-Year BBA Economics (Honors)

A few institutions offer a four-year BBA Economics (Honors) program. This program is designed to provide an in-depth understanding of economics and its application to business. It includes advanced coursework, research projects, and internships, preparing students for specialized roles in economics and business analytics.

(4). Dual-Degree Programs

Some universities offer dual-degree programs that allow students to pursue a BBA in Economics along with another degree, such as a Bachelor of Arts (BA) or Bachelor of Science (BSc) in Economics. These programs typically require an additional year of study compared to a standalone BBA Economics course.

Eligibility Criteria

(ii). English and Maths (advanced or academic level) are required in grade 12.

(iii). 12-grade additional three courses (advanced or academic level) are needed.

Admission Process

The admission process for BBA Economics in India may vary slightly from one university to another. However, I can provide you with a general overview of the typical admission process for this course:

(ii).  Interested candidates must apply to the respective universities or colleges by filling out the application forms available on their official websites. The application forms usually require personal details, educational background, entrance exam scores (if applicable), and any other specific information requested by the institution.

(iii).  Some universities may have a merit-based selection process, where candidates are selected based on their academic performance and scores in the entrance exam (if applicable).  The selection is often done through cutoff marks, and candidates who meet the cutoff are called for further rounds.

(iv). Shortlisted candidates may be required to participate in a group discussion and/or personal interview as part of the selection process. These rounds assess the candidate's communication skills, critical thinking abilities, and subject knowledge.

(v). The final selection is based on the candidate's performance in the entrance exam (if applicable), group discussion, personal interview, and overall academic record. Selected candidates are then offered admission to the BBA Economics program.

Accepted Entrance Exams

Many universities conduct entrance exams for admission to their BBA programs. Some common entrance exams for BBA Economics include:

GMAT	SNAP	DU JAT
NMAT	ATMA	IPMAT
PGCET	CMAT	UGAT
MAH CET	TANCET	KMAT

Skills Required

The management field demands a student to have some particular skills to manage different types of work. Check out the table below to know some of the skills required for a BBA in Economics below:

Problem-solving Attitude	Etiquette	Conversational Skills
Professional Communication Skills and Behavioral Grooming	Interpersonal Skills	Critical and Analytical Thinking
Strong understanding of the business environment	At ease with uncertainty	Thinking ability
Mathematical aptitude

Fee Structure

The BBA Economics path rate isn't a hard and fast rate and may rely on basing many factors. Some of those elements encompass the infrastructure, facilities, faculty, and location. The BBA Economics authorities faculties fee a less expensive rate due to the fact they intend to make certain that extra college students are capable of getting entry to education. The BBA Economics route in India has a well-known charge of INR 75,000-2,00,000 PA.

Name of College	Average Fee
Maharaja Agrasen College, Delhi	INR 45,000
Gargi College, Delhi	INR 30,00
Delhi Technological University, [DTU], New Delhi	INR 1,00,000

Selection Criteria

Selection for BBA in Economics may be achieved in keeping with the choice standards determined with the aid of using the college. The university will choose applicants on the idea of their twelfth scores. Some of the schools might also additionally behavior extra rounds which include institution discussions and private interviews to choose the candidates.

Candidates need to be aware that the admission system will now no longer be equal for all of the colleges, they'll need to go to the university internet site to get precise facts concerning the choice process. The final choice of any university presenting a BBA in economics may be completed handiest after the final touch of the choice method of the university. Selected applicants might also additionally then put up the lessons price for affirmation of admission.

(3). Course Comparison

BBA Economics v/s BBA

Below is a comparison of the BBA Economics and BBA:

Parameter	BBA Economics	BBA
Course Name	Bachelor of Business Administration in Economics	Bachelor of Business Administration
Course Overview	The BBA in Economics degree is a three-year software with a specialization in Economics. BBA is an undergraduate application that specializes in the basics of commercial enterprise control and administration, even as the specialization in Economics provides students with a comprehensive understanding of economic theories, principles, and their practical applications.	Bachelor of Business Administration or BBA is one of the maximum famous bachelor's degrees. This diploma route is ready for the control of an enterprise, company, or organization. You are taught abilities and in-intensity expertise of the enterprise world, and all of the elaborate factors of going for walks in an enterprise.
Course Duration	3 Years	3 Years
Eligibility Criteria	Passed 10+2 in any stream with a minimum of 50%	12th Pass in any stream
Entrance Exam	DU JAT, IPMAT, UGAT, KMAT	IPU CET, BHU CET, UPSEE, NPAT, SET
Average Fees	INR 75,000-2,00,000	INR 50,000-2,50,000
Top Colleges	UPES, MIT-WPU, Bennett University	Christ University, Loyola College, AMITY, Madras University

Read More: BBA

(4). Top Colleges

BBA in Economics path is one of the top-rated publications with inside the modern trend, and let's see the pinnacle BBA in Economics schools in India:

Name of College	Average Annual Fee(INR)	Location
Institute Of Business Management & Research	INR 1,15,000	Indore
Parul University	INR 74,000	Vadodara
St Joseph's Institute Of Management	INR 4,30,000	Bangalore
Lal Bahadur Shastri Institute Of Management	INR 7,70,000	New Delhi
Khallikote University	INR 24,700	Berhampur
Institute Of Business Management, Csjm University	INR 1,06,000	Kanpur
The University Of Delhi, Department Of Financial Studies	INR 26,000	New Delhi
Institute Of Rural Management	INR 1,615,452	Anand
Maharshi Dayanand University	INR 39,694	Rohtak

(5). Job & Placements

BBA Economics has grown to be a crucial part of worldwide business. So, you could discover many process possibilities after finishing the Business Economics path at the undergraduate or postgraduate level.

Job Profiles

Economists are specialized analysts and their focus should be on the structural side of the business. The not-unusual place listing of jobs the Economics graduate can choose is as follows:

Job Profile	Job Description
Investment Analyst	They research and collect data regarding the assets of a company, and analyze the stocks, currencies, bonds, and commodities at hand.
Economist	They carry out research works after collecting data and analyzing them. The current economic trends are monitored by them for formulating forecasts. From energy costs to rates of inflation and interest- everything is in their domain.
Economic researcher	They conduct research regarding economic problems in the delivery or production of products and services or their distribution. They also look into fiscal policies.
Data Analyst	Data analysts collect and keep facts approximately many behaviors, together with sales, marketplace research, logistics, and linguistics. They provide their technological know-how and guarantee the accuracy and quality of the data.
Financial planner	A monetary planner's number one task is to assist customers to increase non-public budgets. Set financial savings goals. minimizing, managing, and/or managing expenses; taking necessary steps to create and accumulate wealth, etc.
Stock Analyst	Stock analyst responsibilities include researching companies or specific industries, and performing financial analysis based on current market trends and historical data.
Financial risk analyst	They are responsible for identifying potential risks and analyzing them which puts a threat to the financial position of an organization or an individual or the market for that matter.
Financial Consultant	They help the organization better its business performance. They supervise the business operations, management of finance, profitability, financial strategies, etc.

Top Recruiters

Major recruiters of the sector are:

Hewlett-Packard	International Business Machines (IBM) Corp	ICICI Bank
Microsoft	Hindustan Unilever	Mc Kinsey and Company,
Deloitte	Ernst & Young (EY)	Sony

Employment Areas

They can apply for a job at any of the employment areas listed below:

(ii). Banking Sector

(iii). Research and Business Development Hubs

(iv). Financing Agencies

(v). Business Consultancy Services

(vi). Insurance Companies

(vii). Stock Markets

Average Salary

BBA economics graduates are paid relying on their degrees of qualification. The pay package deal additionally varies with the activity name offered. On average, commercial enterprise economics graduates in India are paid a revenue within the variety of Rs.2,00,000-15,00,000 in line with annum, relying on whether or not it's far a person or authorities organization.

Job Role	Annual Average Salary(INR)
Corporate Manager	INR 7,00,000
Financial Analysts	INR 4,48,000
Data Analyst	INR 6,90,000
Bank Manager	INR 7,79,000
Market Analysts	INR 4,89,000
Stock Analyst	INR 2,80,000
Financial planner	INR 3,50,000
Public Relations	INR 5,00,000
Economist	INR 7,00,000

(6). Career/Scope

There are numerous destiny scopes for a BBA in Economics degree, and you will be capable of taking benefit of those possibilities upon graduation. An expert diploma will assist you to increase control talents and assist you to benefit from entry-stage positions in a number of sectors. The publications you're taking will rely on what you are involved in, whether or not you need to be an Economist or an Entrepreneur.

Regardless of your choice, you will be capable of discovering a task that suits your interests. In the sector of business, the destiny of BBA graduates is bright. Globalization has extended activity possibilities and the want for economists has by no means been higher. Big commercial enterprise agencies appoint economists as consultants, monetary analysts, and researchers.

Career options after BBA Economics

Career Opportunities after completing this program are:

(ii). Budget, Financial, or Insurance Analyst

(iii). Business Forecaster

(v). Urban or Regional Planner

(vi). Securities Broker

Scope for Higher Education

BBA Economics serves as a solid foundation if you wish to pursue higher education in the field of economics, business administration, finance, or related disciplines. It can act as a stepping stone towards pursuing an MBA, MSc in Economics, Ph.D. in Economics, or other specialized postgraduate programs.

Skills that make you the Best BBA Economics Graduate

BBA in Economics scope is rising in a current trend, and thus taking up a management course and learning analytical skills can help you advance in your career. By BBA Economics, you will gain the following skills:

(ii). Verbal Communication

(iii). Good Listening Skills

(iv). Ability to Understand Delegated Objectives

(7). FAQs

(1). What is a BBA in Economics program?

Ans. The BBA in Economics program is typically a three-year program. The courses are broad-based in nature, with an emphasis on the economic foundations of business law and management. Depending on the college, the course sequence may vary from school to university. After completing the program, candidates can choose to continue their education through a postgraduate degree program. After graduation, students can seek employment in a wide variety of fields, including management, investment banking, finance, and consulting.

(2). What is the length of the path BBA in Economics?

Ans.BBA in Economics is a 3-year course.

(3). What is the common price for the path BBA in Economics?

Ans. The common rate for BBA in Economics is INR 1,50,000 in line with the year.

(4). I need admission to BBA in Economics. Do I clear any tests for that?

Ans. Siksha O Anusandhan University Admission Test, ITM National Entrance and Scholarship Test, Delhi University Arts, Delhi University Science, Lovely ProfessionalUniversity National Eligibility and Scholarship Test are some of the exams that you can appear for to get admission in BBA in Economics courses.

(5). Which are the top recruiting areas after completing an economics course?

Ans. The most common areas where economists can find placements are:

(ii). Research and business development hubs

(iii). Colleges

(iv). Universities

(v). Banks, etc.

(6). Is it necessary to have commerce in 12th to pursue BBA in Economics?

Ans. No, you could follow this system with any stream. However, there are a few faculties that pick applicants with trade movement in the twelfth class. You can test the eligibility standards of the college.

(7). Is there another diploma application to pursue a profession in Economics?

Ans. Yes, there are numerous different undergraduate packages to be had in commercial enterprise economics along with BA (Hons) in Economics, Bachelor in Economics, and B.Com in Economics.

(8). What are the postgraduate publications to be had after the finishing touch of a BBA in Economics?

Ans. Some of the postgraduate publications to be had after a BBA in commercial enterprise economics are an MBA in Economics, a Master of Economics, an M.Sc in Economics, and an MA in Economics.

(9). What are the famous specializations associated with BBA in Economics?

Ans. Some of the famous specializations for B.B.A.(Bachelor of Business Administration) are Actuarial Science, Technology Management, Hotel Management, Finance, Safety, and Fire.

(10). What are the pinnacle schools providing BBA in Economics courses?

Ans. Following are a number of the pinnacle faculties presenting Management courses :

(ii). International Management Institute (New Delhi)

(iii). Shailesh J Mehta School of Management (Mumbai)

(iv). S.P.Jain Institute of Management and Research (Mumbai)

(v). Indian Institute of Technology (Chennai)