Bachelor of Science (B.Sc.) Economics And Finance: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 3 Years
  • type of course Under Graduate
  • course stream Science
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

A Bachelor of Science in Economics and Finance degree is a three-year full-time undergraduate program. Applicants should have passed mathematics during their senior year of high school. The program requires an eligible score on a relevant entrance exam and personal interviews and counseling. 

Students studying economics will gain the skills needed to analyze financial systems and organizations. Advanced techniques in finance will be taught, such as portfolio management, risk management, and derivatives pricing. The flexible structure of the program enables students to acquire a solid professional understanding of economics and finance while extending their academic horizons.

A Bachelor of Science in Economics and Finance degree will prepare graduates for a career in a wide range of fields, including finance, banking, and corporate finance. While these fields are distinct, they complement each other well. Students with a degree in economics and finance can choose from many in-demand careers. According to the U.S. Bureau of Labor Statistics, jobs for financial analysts and personal financial advisors will increase by about 12% over the next decade. 

During their studies, students will study financial investment strategies, economic behavior, financial institutions, and the use of credit. Throughout their degree, students will also develop their communication skills and learn how to interact with others in a professional setting.

Benefits of Bachelor of Science in Economics and Finance

A degree in economics and finance opens a number of career options. These fields use quantitative and qualitative methods to analyze trends and make predictions. Students learn to analyze data and case studies to help them make business decisions and better understand global markets. They also develop critical thinking and problem-solving skills. 

Bachelor of Science in Economics and Finance prepares students for careers in various fields, including banking, corporate finance, personal finance, and securities. There are many in-demand jobs available for graduates with a degree in economics and finance. Students will learn about financial investment strategies, economic behavior, and the theory of domestic and international finance.

Depending on your career goals, an economics degree may help you advance your career. A degree in economics will increase your salary and give you a competitive edge in your field. Many people who major in economics also want to pursue jobs in finance. By gaining an understanding of the relationship between economics and finance, you can make informed financial decisions. 

Eligibility for Bachelor of Science in Economics and Finance

The candidates must have passed 10+2 in the relevant stream from a recognized board.

They must have a minimum aggregate of 55% to be eligible for the program.

Future Scope of Bachelor of Science in Economics and Finance

An economics degree can open many doors, and graduates can choose jobs that allow them to use their skills to make a real difference in the world. Among the many job options available, these graduates can work as research assistants, bank tellers, or economists. 

Those who choose a career in economics will have many options and earn good salaries. They will be well-rounded and have many skills and can be an asset to any organization. With a Bachelor of Science in Economics and Finance, they can be involved in the research of any aspect of a company, from its supply chain to its internal organization. A degree in economics also opens the door to jobs with an international perspective, which will allow graduates to explore opportunities beyond their own countries.

People with a degree in economics will find employment in a variety of industries. Many jobs in this field require superior critical thinking skills. Economics aficionados will be able to forecast the future of a company or industry. In addition, they will be able to determine the trends in a given industry and can predict future employment opportunities. 

Career Opportunities and Job Prospects for Bachelor of Science in Economics and Finance

Earning a degree in economics can open a number of career options. Students can choose to become economists, investment analysts, stockbrokers, or researchers. Graduates may choose to pursue additional education, earning a master's degree or doctorate degree. The latter requires between five and seven years of study. 

Graduates with a Bachelor of Science in Economics and Finance degree can enter a variety of fields, and their skills and education are transferable to many other fields. These skills include critical thinking, research, and communication. Graduates can work in fields as diverse as IT and law. BAU programs are available in many fields. Depending on where you want to work, you can earn a competitive salary. 

The demand for economists is expected to grow at a six percent rate between 2014 and 2024, according to the Bureau of Labor Statistics. Earning a master's degree in economics improves your job prospects. For those who prefer to pursue advanced degrees in economics, an MBA or Ph.D. may be an option. Taking additional advanced mathematics courses may be beneficial to your future. 

Many economists find jobs in banking. Banking positions are lucrative and have high pay. Economists are needed for financial control, consulting, risk analysis, and data analysis. Economists can begin their careers as entry-level workers at branch offices, then progress to management positions. The job responsibilities involve handling client accounts and their portfolios. 

Course duration and fee details of Bachelor of Science in Economics and Finance

The Bachelor of Science (B.Sc.) in Economics and Finance is a three-year degree program.

The average fees for the completion of the program are between 8 to 21 lacs or it may vary from college to college.

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