B.Sc. Economics(Hons.)

B.Sc. Economics(Hons.)

PROGRAM OVERVIEW

B.Sc. (Hons.) Economics is a full-time, four-year graduation program in accordance with National Education Policy (NEP) 2020. As you look across top BSc Economics colleges in India, the School of Economics at XIM University stands out by offering a B.Sc degree with a Major in Economics and a Minor in Applied Econometrics. The School of Economics offers a B.Sc degree with Major in Economics and Minor in Applied Econometrics with a total of 171 credits over eight semesters. The curriculum comprises of Major Courses (Domain-specific courses), Minor Courses, Multidisciplinary Courses, Ability Enhancement Courses (AEC), Skill Enhancement Courses (SEC), and Value Addition Courses (VAC) along with mandatory Summer Internship Programme (at the end of the second year) with relevant NPTEL SWAYAM MOOC as optional courses along with regular courses. There is scope for getting a degree in Economics Major with a Minor in Financial Economics, as well. The Program will be flexible with multiple entry and exit points with re-entry options with certification as specified by NEP.

bsc_overview

A student is eligible for certificate after completing 1 year (first two semesters) of study, a diploma after 2 years (first four semesters) of study, a bachelor’s degree after a 3-year (first six semesters) of study, and a bachelor’s degree with honours after a 4-year (with eight semesters) of study with research or without research.

The courses offered in the program are designed to give students a comprehensive academic experience that encompasses both theoretical knowledge as well as real life application of the theory. Special care is taken to develop analytical skill and academic curiosity.

Program Objectives:

The program is Designed to match the curriculum of the top BSc Economics colleges in India, our program helps students train in basic economic theory and understand basic economic modelling. Students get access to a well-structured curriculum that is likely to support and augment the academic orientation and development of students to make them understand proper policy responses to economic problems both local as well as global. Students pick up quantitative skill and theoretical domain to understand various aspects of the subject necessary for getting a proper insight to the discipline to arrive at conclusions about the validity of economic theories through data analysis. The multidisciplinary courses make students learn effective communication. Students are expected to learn to work in close groups and address strategic and organizational challenges.

Curriculum Framework for 4 year B.Sc. (Hons) Major: Economics with Minor in Applied Econometrics

Sl No. Courses Type of Course Credits

Semester- I

1
Introductory Microeconomics
Major
4
2
Introductory Macroeconomics
Major
4
3
Introductory Mathematical Methods for Economics
Minor
4
4
Basic Concept of Psychology
Multidisciplinary
4
5
English Communication I
AEC
2
6
Communication and Presentation Skills
SEC
2
7
Community Engagement – NSS, NCC, etc.
VAC
2
22

Semester- II

1
Indian Economy 1
Major

4

2
Basic Development Economics
Major
4
3
Introductory Statistics for Economics
Minor
4
4
Public Policy & Governance
Multidisciplinary
4
5
English Communication II
AEC
6
Introduction to Computer Application
SEC
2
7
Universal Human Values
VAC
2
22

Semester- III

1
Intermediate Microeconomics I
Major
4
2
Intermediate Macroeconomics I
Major
4
3
Introductory Econometrics
Minor
4
4
Digital Media & Photography
Multidisciplinary
4
5
Creative Writing and Literature
AEC
2
6
Data Handling (Databases) – 1
SEC
2
7
Health & Wellness
VAC
2
22

Semester- IV

1
Intermediate Microeconomics II
Major
4
2
Intermediate Macroeconomics II
Major
4
3
Data Analysis with Statistical Software (R, Python, SAS, STATA)
Minor
4
4
Elements of Econometrics
Minor
4
5
Contemporary Literature & Story Craft
AEC
2
6
Data Handling (Databases) – 2
SEC
3
7
Digital & Technological Solutions
VAC
2
23
Students on exit shall be awarded Undergraduate Diploma (in the Field of Study/ Discipline) after securing the requisite 89 credits on completion of Semester IV and / or Internship of 2 Credits

Semester- V

1
Public Finance I
Major
4
2
International Economics
Major
4
3
Agricultural Economics
Major
4
4
Money, Banking & Finance
Major
4
5
Environmental Economics /SWAYAM NPTEL
Major
4
6
Applied Econometrics with R/STATA/SAS/EXCEL
Minor
4
24

Semester- VI

1
History of Economic Thoughts /SWAYAM NPTEL
Major
4
2
Indian Economy II
Major
4
3
Financial Economics
Major
4
4
Applied Quantitative Finance
Major
4
5
Financial Markets & Institutions
Major
4
6
Advanced Econometrics with R/STATA/SAS/EXCEL
Minor
4
24
Students on exit shall be awarded Bachelor of (in the Field of Study/Discipline) Honours (3 years) after securing the requisite 137 credits on completion of Semester VI and / or 2 Credits for Internship

Semester-VII (WITHOUT RESEARCH)

1
Advanced Microeconomics
Major
4
2
Advanced Macroeconomics
Major
4
3
Corporate Finance
Major
4
4
International Finance
Major
4
5
Econometrics of Financial Markets
Minor
4
20

Semester-VII (WITH RESEARCH)

1
Advanced Microeconomics
Major
4
2
Advanced Macroeconomics
Major
4
3
Corporate Finance
Major
4
4
International Finance
Major
4
5
Statistical Methods & Research Methodology
Minor
4
20

Semester-VIII (WITHOUT RESEARCH)

1
Public Finance II
Major
4
2
Monetary Economics
Major
4
3
Industrial Organization
Major
4
12

Semester-VIII (WITH RESEARCH)

Dissertation / Research Report
12
169
Summer Internship
2
Total Credits required
171
Students on exit shall be awarded Bachelor of (in the Field of Study/Discipline) (Honours with Research) or (Honours With Research in Discipline-1 (Major) With Discipline-2 (Minor) after securing the requisite 171 credits on completion of Semester VIII which will include 2 Credits for Internship undertaken by the students during the study years.

B.Sc. (Hons with Research) Major: Economics with Minor in Business Economics and B.Sc. (Hons with Research) Major: Economics with Minor in Environmental Economics & Management may also be available at the discretion of the School.

Frequently Asked Questions:

Q1: Which are the top BSc Economics colleges in India offering 4-year degrees under NEP 2026?

Ans: Most premier universities are transitioning to the 4-year undergraduate setup. Top BSc Economics colleges in India, including the School of Economics at XIM University, have structured their programs into an 8-semester timeline featuring multiple entry and exit certification options as mandated by the NEP.

Q2: What is the main difference between BA Economics and BSc Economics in Indian universities?

Ans: While a BA in Economics focuses closely on qualitative macroeconomic theory and humanities, a BSc Economics degree prioritizes technical, quantitative competencies. Leading BSc Economics colleges emphasize heavy mathematics, statistical modeling, and data analytics software.

Q3: Is mathematics compulsory to get admission into top BSc Economics colleges in India?

Ans: Yes, a strong background in higher secondary (10+2) level mathematics or statistics is highly required by elite institutions. This foundation is necessary because the BSc curriculum incorporates intense econometric modeling and quantitative techniques.

Q4: What data analysis software tools are taught in a standard BSc Economics syllabus?

Ans: To prepare students for modern corporate roles, top-tier programs incorporate practical tech applications. For instance, the curriculum at XIM University trains undergraduates in industry-standard tools including R, Python, STATA, and SAS under their Applied Econometrics specialization.

Q5: What are the high-paying job opportunities after graduating from top BSc Economics colleges in India?

Ans: Graduates secure lucrative analytical profiles across global corporate landscapes. Standard placements include roles as Data Scientists, Financial Analysts, Investment Bankers, Risk Analysts, and Economic Consultants at top multinational firms.

Q6: Can a BSc Economics graduate apply for government jobs like the Indian Economic Service (IES)?

Ans: Absolutely. A BSc degree builds a flawless foundation for competitive national examinations. Graduates are highly eligible for the Indian Economic Service (IES) conducted by the UPSC, along with specialist officer openings within the Reserve Bank of India (RBI).

Q7: What is the average package offered to graduates from premium BSc Economics programs?

Ans: In India’s leading institutions, entry-level packages generally scale between ₹5 LPA to ₹12 LPA, depending completely on the student’s mastery over quantitative analytics tools and internship portfolios.

Q8: How does the multiple entry and exit option function in a 4-year BSc Economics program?

Ans: Under the NEP framework, students receive a Certificate after Year 1, an Undergraduate Diploma after Year 2, a normal Bachelor’s Degree after Year 3, and a full B.Sc. (Honours with/without Research) after completing all 4 years.

Q9: Can I transition straight into a Data Science career with a BSc Economics degree?

Ans: Yes, this is one of the most popular career pivots. Because premium BSc Economics curricula include advanced coding and data handling modules alongside econometrics, graduates are uniquely qualified to step into Data Science and Business Intelligence roles.

Q10: Why should I choose a specialized School of Economics over a standard multi-disciplinary college?

Ans: Dedicated schools, like the School of Economics at XIM University, provide a streamlined ecosystem with dedicated resource infrastructure, targeted corporate placement networks, specialized laboratory databases, and core domain faculty.

Admission Process:

  1. Application: Visit https://applyug.xim.edu.in/ to apply online.
  2. Interview: Shortlisted candidates will be invited for a personal interview.
  3. Selection: The final selection will be based on academic performance and interview results.

Accommodation:

On-campus accommodation is available with necessary amenities, including Wi-Fi, study rooms, and recreational facilities.

Library:

The university library offers a vast collection of books, journals, and online resources in Economics and related fields, with access to international databases and e-journals.