About Department of Business Economics
The Department of Business Economics, since its inception in 1989, is one of the foremost departments in the college under the programme of BCom. It offers both undergraduate and postgraduate courses in Business Economics.
Economics, at its core, is the study of how to evaluate alternatives and make better choices. It develops critical-thinking and problem-solving skills to make good decisions and also assists the development of analytical skills to examine data to support good decisions. These skills are desired across careers in the public and private sectors. Studying economics is highly rewarding if one wants to pursue a career or explore other fields.
There are four permanent faculty members in the department. It is a matter of pride that the Principal of the college is the torch bearer of the department. Two faculty members hold PhD degree and rest are pursuing research.
The Department has a well established PhD research center, Dr Lily Bhushan, Principal is the research guide at University of Mumbai. Three research students are pursing PhD under her guidance.
Dr Arun Chandane is the co-guide at JJTU.
The Post Graduate Program of MA in Business Economics is headed by Mr. Rajesh Gupta.
At the undergraduate level the department offers course in Business Economics (core course) for all the three years under Program of BCom degree. Foundation course I and II is also taught by the department.
As a part of innovative teaching pedagogy, the department makes extensive use of ICT methods and blended teaching-learning. To broaden the horizons of the students’ potential, the department encourages the students to study the working of markets and encourages their involvement in the same. Students are also initiated into research, the department members provide the guidance and platform by motivating them to publish research papers.
The department is in the forefront in organising seminars, both at national and departmental level on topics of contemporary relevance. All the faculty members have successfully completed major and minor research projects. They regularly publish research papers at national and international conferences, and have received to their credit ‘best research paper award’ in the past.
‘Friday School of Economics’ (FSE) was founded in 2013 with the objective to disseminate information in economics beyond text books to the students. Every Friday discussions on ideologies of economists, talks, debates, elocution, are organised.

Mission
The primary mission of the Department is to offer educational opportunities to students in order to prepare them to become accomplished citizens and professionals capable of critical thinking and independent analysis. The economics faculty places an emphasis on excellence in teaching through applied and theoretical economics. The economics curriculum and course offerings are designed to highlight and illustrate the practical importance of a knowledge of economics in understanding today’s local, national, and global issues.
Vision
To be a leading academic institution delivering highly employable graduates with strong analytical skills, creative intelligence, and research skills.Objective
- The student understands the basic concepts in Economics and can apply them in the real world. He/she is also updated with the recent trends in the subject. The student also builds a sound base for various post graduate courses in Business Economics and related fields.
- The learner will be able to identify and explain economic concepts and theories related to the behavior of economic agents, markets, industry and firm structures, legal institutions, social norms, and government policies of the Indian and world economy.
Programmes Offered
Department of Business Economics offers the following Bachelor and Post Graduate Programmes
B.Com
Bachelor of CommerceM.A. Business Economics
Master of Arts in Business EconomicsPh.D
Ph.D in Business EconomicsAdditional Credit Courses Offered
Department of Business Economics offers the following Certificate Courses
Basics in Econometrics
Certificate Course in Basics in EconometricsForeign Exchange Rate Management
Certificate Course in Foreign Exchange Rate ManagementOur Faculty
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Testimonials

Jahnvi Indravadan Bhavsar
Alumni“The First Step Towards Getting Somewhere is to Decide that you are not going to stay where you are” I would Like to express my gratitude towards our Principal Madam, Vice Principal Sir, Co-ordinator, and the entire faculty of KES Shroff College for helping me reach where I am now.nd I feel so proud when I say I was a student of KES Shroff College. Thank you for making me the person I am today. I have learned many things whether it was practical or theoretical knowledge, the College always supported me and other students and gave us the platform to participate in a number of activities and exploring ourselves. Professors of KES Shroff College were so kind and calm and always ready to support their students any time and helped them stand on their own feet . I also got the opportunity to be the Secretary of the Banca Association. I will never ever forget those moments which I have spent in the BANCA Association where we had lots of fun and at the same time organized events. Really missing my college days.

Pratik Pandya
AlumniMy three years degree course in the Banking and Finance were among the best years of my life. My experience at KES Shroff College not only made me a better person but also prepared me in unpredictable ways for my career. Through workshops with incredibly supportive classmates, and professors who were nothing short of champions, I was challenged to discover a voice I didn’t know I had. That voice has played a central role in my work. Having been shaped in part by the collegial and creative, yet rigorous, environment at KESSC, I found myself able to communicate, innovate, and collaborate in ways that enabled me to build a successful rewarding career. It was a wonderful time in my life, and the best educational experience I’ve had.

Mohini Yashwant Patil
AlumniBeing a part of KES Shroff College has been a wonderful experience. Here I learned success is a journey and not a destination. Along with academics, a lot of different activities on campus allowed me to polish my talents and have an overall development. I am grateful to Principal Bhushan Ma'am and all Professors who stood by me and assisted me in making me what I am today personally and where I am today professionally. Proud KESSC student

Viral Pravin Kava
AlumniBeing a student of KES Shroff College was itself an immense pleasure and a feeling of pride for all the students. I was so lucky to be around such renowned faculty who showered their love and knowledge on me. It's not the only place to receive academic knowledge but the overall development of a student. I must say today I have transformed into a better person after my graduation, the sense of understanding and maturity has come, where values are taught and you realize you have come an extra mile ahead to face the challenges and rat race of the world.

Chinmay Prabhu
AlumniI've never had so much fun as I did being a student at KES Shroff college. So many extra circular activities happening regularly, I always wanted to participate in everything. Along with the extra circular, the teaching faculty at the college is truly amazing as well. They would make sure that every student present is understanding the topic being taught. Overall, it's not just a college but rather a complete experience. The teachers, consider student's points of view and make sure the students are not being overburdened at any moment.