University Affiliation

University of Mumbai                                               

Duration of Program

2 Years Full Time                                                

Important Dates

Last Date to Apply : As per University Schedule

About Programme

Master of Arts in Business Economics is a full time postgraduate programme. It aims to provide students with specialized skill sets in different fields like micro and macro economics, Public Finance, econometrics and Environmental economics. This course is spread over 4 semesters.

It imparts practical and theoretical knowledge about economic aspects along with management education which helps students in the critical assessment of the national and international policies and changes in government framework and regulations.

MA in Business Economics provides students with the right skill sets for analyzing the financial market, financial forecasting, and calculation of risks. The course is the right choice for aspirants who have a keen interest in the national and international economic problems and can collect, interpret, and represent a large amount of data. Aspirants should also have adequate knowledge about the world economy and the global financial market.

Why this Programme

A master’s degree in business economics is an increasingly essential tool in a global economy. Thanks to its interdisciplinary approach, it will give you a solid background in advanced business economics and enable you to upgrade your skills it teaches you how to analyse the world around you, how to interpret numbers, and the way that they typically will act together and react to each other. You can use the quantitative programming skills that you learn in order to predict outcomes and prepare projects for the clients that you’ll be working with.

Students who pursue a Master’s in Business Economics can go on to a variety of different careers from studying the economics of healthcare for an insurance company to researching the impact global aid has on a developing country’s economy. A Master’s in Business Economics provides students with the specialized knowledge that companies, non-profits, think tanks and government agencies need to help them craft policy and make decisions.

The skills you will acquire will provide you with an excellent foundation for your future life and career.

PEO1. Get a clear explanation of different aspects of aggregate economic variables.
PEO2. Familiarize with common economic issues
PEO3. Understand economic schools of thoughts.
PEO4. Understand the role and functioning and policies of government.
PEO5. Apprehend functioning of macroeconomic variables.
PEO6. Understand and analyse broad framework and working of macroeconomics variables.
PEO7. Understand the concept of banking, its significance, functions, bank nationalization and financial sector reforms
PEO8. Analyze current insurance coverage and potential needs and tips for choosing an insurance sector
PEO9. Develop skills to facilitate insurance product cost and pricing, marketing and distribution

 At the end of this progamme, the master graduates will be able to
PSO1. To lay a strong foundation in economic analysis with particular emphasis on applications of economic principles to real life situations.
PSO2. Evaluate principles of economics with curiosity and scholarly rigor enabling them to have a better comprehension of economic, banking, and global economic dynamics.
PSO.3 In-depth understanding of market behavior.
PSO4. Gain employment opportunities in the market and industry.

An ample number of employment opportunities are available for aspirants after the completion of M.A. Business Economics program. As the course provides candidates with right skill sets, one can start working as a manager or as an economist. Some of the popular job roles for MBE postgraduates are:

  • Business Development
  • Brand Manager
  • Economist
  • Marketing Agent
  • Business Finance Associate
  • Business Analyst
  • Manager
  • Zonal Business Manager

Course Curriculum

Semester 1

Group-I Compulsory Papers

  • Micro Economic Analysis
  • Macro Economic Analysis

Group-II Optional Papers (Choose any two)

  • Economics of Banking-I
  • Economics of Agriculture-I
  • Economics of Insurance-I
  • Statistics for Economics-I
  • Rural Economics-I
  • Econometrics-I

Semester 2

Group-I Compulsory Papers

  • Micro Economic Analysis
  • Macro Economic Analysis

Group-II Optional Papers (Choose any two)

  • Economics of Banking-II
  • Economics of Agriculture-II
  • Economics of Insurance-II
  • Statistics for Economics-II
  • Rural Economics-II
  • Econometrics-II

Semester 3

Core Course Compulsory

  • Economics of growth and development-I
  • International trade and finance-I

Course Elective Any Two

  • Financial institutions and markets – I
  • Indian economic policy – I

Semester 4

Core Course Compulsory

  • Economics of growth and development-II
  • International trade and finance-II

Course Elective Any Two

  • Financial institutions and markets – II
  • Indian economic policy – II

Placements Partners


How to Apply

The admission procedure usually starts in the month of June after the results of undergraduate courses are declared.

  1. Fill the Pre-enrollment form of the University of Mumbai through the University portal ( Select the autonomous option for MA (Business Economics).
  2. Fill online admission form on
  3. Upload a copy of the pre-enrollment form, Graduation mark sheet/digital result,HSC mark sheet/digital result, caste/reservation certificate if applicable, and E-Suvidha ticket.
  4. On the declaration of merit list (first then second then third if applicable) pay the fees along with submission of the documents such as Undertaking regarding admission confirmation, SSC(X marksheet), Leaving Certificate, Adhar card, scanned copy of Cheque book leaflet/bank account details and transfer certificate in case the student is from outside Maharashtra.
  5. For further details and to know more about the college visit

A candidate for being eligible for admission to the course leading to the degree of Master of Arts (Business Economics) must have passed the examination for the degree of Bachelor from any discipline of this University or bachelor’s degree of another University recognized as equivalent thereto.

Total no. of Seats: 60

Reservation of Seats: Reservations are as per the Government policy.

Fees: As prescribed by the University of Mumbai. The details have been mentioned on the college Notice board and the College website http://www.

Duration of Programme: 4 Semesters spread over 2 years. The programme shall consist of 15 Theory papers and Project work

Enforcement of Attendance:

Our college is a pioneer institute in introducing the computerized attendance system. The computerized defaulters’ lists are displayed division wise regularly at the end of every month on the Students Notice Board. The students failing to fulfill the required attendance shall be DETAINED and shall not be permitted to take the Annual / Board examination. Warning letters from the Principal are sent to parents of the defaulting students. The letters are given to the concerned students by the class teachers in the classrooms. The students must hand over these warning letters to the parents. Students should note that fulfilling the attendance requirement alone will not qualify them to appear for the examination. Their academic performance should also be to the satisfaction of the principal.

General Rules & Regulations:

  1. Every student should obtain an ID card and show at the entry
  2. Students should not loiter in the corridors when the lectures are engaged
  3. Giving proxy attendance is a serious act of indiscipline
  4. Students applying for certificates/testimonials and attestation should first contact the college office
  5. Ragging is strictly prohibited on the college premises
  6. The use of mobile phones inside the college is strictly prohibited. If caught using a cell phone it is confiscated for a period of 1 year

Punitive Measures:

  1. Warning
  2. Cancellation of admission
  3. Refusal to grant admission in future
  4. Withholding or withdrawing of University exam form
  5. Expulsion / rustication from college
  6. Fine not exceeding Rs. 300
  7. Non-refund of fees and deposits
  8. Suspension for a specified period
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