Bachelor of Science Honours (B.Sc. Hons.) Economics - Lady Shri Ram College (LSR Delhi)

  • Years 3 Years
  • Type Course Under Graduate
  • stream Science
  • Delivery Mode
Written By universitykart team | Last updated date Jan, 25, 2022

B.Sc. Hons. in the subject of Economics is an undergraduate course that takes three years to complete. It consists of six semesters, each of which has two semesters. Students who have finished their tenth standard or equivalent may apply for this course. The B.Sc. Hons. course is offered through various universities, each with a slightly different structure. The course is built around the study of theoretical concepts, and then includes courses that deal with various branches and application areas. 

It is most often taught within a college's arts and sciences department, while in the Commonwealth it is offered through the commerce faculty. The course is also available in the field of social science, with some programs being offered only part time. If you have the aptitude and the drive to succeed, a B.Sc. Hons. in the subject of Economics will prepare you to enter the professional arena. It is a highly competitive course and can lead to a job offer of INR 12,000-15,000 a month. The salary in the industry is above the national average and depends on the candidate's skill set and experience.

Benefits of B.Sc. Hons. in Economics

A bachelor's degree in economics is an excellent choice for graduates with a keen interest in financial markets. The study enables students to learn about various economic techniques and the principles behind them. It can lead to a wide range of careers, from banking and finance to teaching and academics. The benefits of B.Sc. Economics go beyond financial markets. This social science teaches students the basic principles and techniques of economics.

A B.Sc. in Economics provides a strong foundation for further studies. Many students choose to specialize in one or two fields, such as finance or labour economics. There are numerous career options for graduates of this course. The course also prepares them to become a consultant in the field, a policy maker in a government agency, or a consultant for a business. A B.Sc. Hons. in economics course develops mathematical and economics skills. This allows students to understand and communicate economic ideas to a wide audience. 

Eligibility for B.Sc. Hons. in Economics

The candidates must have completed their 10+2 from a recognized board. They must have a aggregate marks of 50% in order to be eligible for the program.

Future Scope of B.Sc. Hons. in Economics

Economists can find careers in a wide range of sectors, from finance and banking to marketing and sales. In addition to this, there are many job opportunities available in government and private sectors. In India, economists are in demand in various positions and can work for government or Fortune 500 companies as consultants or financial analysts. However, if a student wants to advance his career in economics, they can opt for a PhD in the field.

Those who pursue a master's degree in economics should focus on areas such as finance, banking, and government departments. The employment scope is very wide, and graduates with a bachelor's degree can expect to find plenty of work in the field. A Master's degree in economics can also lead to further studies in a particular area of specialization, such as international business, international politics, and public policy.

Career Opportunities and Job Prospects of B.Sc. Hons. in Economics

Additionally, economics majors who pursue advanced degrees will typically earn more than those with a bachelor's degree. In addition, it is recommended to take as many advanced math courses as possible to increase your earning potential. Starting salaries are dependent on location, experience, and employer.

With a bachelor's degree in economics, the career opportunities are vast, with a range of options available. There are numerous positions in the banking industry, finance, marketing, and sales. Other jobs may be available in government, including private sector jobs. The B.Sc. Hons in Economic has a variety of benefits for those seeking employment.

One way to make the most of your B.Sc. Hons in Economic Studies degree is to get involved in the economics society. The Economics Society has weekly events where alumni give talks to students. During these events, students will meet prospective employers, interact with guests, and improve their public speaking skills. The Economics Society is an excellent way to gain a perspective on the field of economics and the economy. 

Course duration and Fee details of B.Sc. Hons. in Economics

The B.Sc Hons in Economics is a three year degree program. The average fees for the completion of program are between 100K to 150K, or it may vary from college to college.

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