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B-SC-ECONOMICS-HONS-SSE in General at Symbiosis International University (SIU)
Pune, Maharashtra
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About the Specialization
What is General at Symbiosis International University (SIU) Pune?
This B.Sc. (Economics) Hons program at Symbiosis International University, through its Symbiosis School of Economics (SSE), focuses on providing a rigorous foundation in economic theory, quantitative methods, and applied economics. With India''''s rapidly evolving economic landscape and its growing influence on global markets, this program is designed to equip students with analytical and problem-solving skills highly sought after in diverse sectors, including finance, consulting, public policy, and research. Its comprehensive curriculum emphasizes both theoretical understanding and practical application, preparing students for dynamic roles in the Indian economy.
Who Should Apply?
This program is ideal for intellectually curious fresh graduates who have completed their 10+2 education with a strong aptitude for mathematics and analytical reasoning, aspiring to build a career in economics or related fields. It also caters to individuals keen on understanding the complex interplay of economic forces shaping society and policy. While primarily aimed at undergraduates, it can also attract those considering further academic pursuits like M.A. in Economics or MBA, providing them with a robust theoretical and empirical foundation for advanced studies.
Why Choose This Course?
Graduates of this program can expect to pursue India-specific career paths as economic analysts, data scientists, research associates, financial consultants, policy advisors, and market researchers across various industries. Entry-level salaries typically range from INR 4-7 lakhs per annum, with significant growth potential as they gain experience and specialize. The program''''s analytical rigor and quantitative focus also prepare students for competitive examinations for civil services, central banks, and academic positions, aligning with the growing demand for skilled economists in both private and public sectors in India.
Student Success Practices
Foundation Stage
Build a Strong Quantitative Foundation- (Semester 1-2)
Dedicate extra time to master mathematical and statistical concepts, as these form the bedrock of higher economics. Regularly practice problem-solving, review class material, and seek clarification on difficult topics. Form study groups to solve problems collaboratively.
Tools & Resources
NCERT Mathematics (Class 11 & 12), Basic calculus textbooks, Khan Academy, Coursera (for foundational math/stats)
Career Connection
A strong quantitative base is critical for advanced econometrics, financial modeling, and data analysis roles, which are highly sought after in research, finance, and analytics industries in India.
Cultivate Effective Study Habits & Critical Thinking- (Semester 1-2)
Develop consistent study routines, actively participate in class discussions, and engage with diverse economic news and articles. Practice critical analysis of economic policies and contemporary issues, going beyond textbook definitions.
Tools & Resources
Financial newspapers (The Economic Times, Business Standard), Economic journals (EPW), Project Syndicate, Library resources
Career Connection
Essential for developing analytical skills required for economic research, policy analysis, and strategic decision-making roles in both public and private sectors.
Engage in Peer Learning and Academic Clubs- (Semester 1-2)
Join or form peer study groups to discuss complex theories, clarify doubts, and prepare for examinations. Participate actively in SSE''''s Economics Club or similar academic bodies to organize debates, seminars, and quizzes, fostering a deeper engagement with the subject.
Tools & Resources
College library discussion rooms, Online collaborative tools (Google Docs), Institutional academic clubs and student societies
Career Connection
Enhances communication skills, teamwork, and leadership potential, crucial for collaborative work environments in consulting, research, and corporate roles.
Intermediate Stage
Seek Early Industry Exposure and Internships- (Semester 3-4 (Summer breaks))
Proactively search for short-term internships or volunteer opportunities in research firms, NGOs, or small businesses during semester breaks. Focus on understanding real-world economic applications and data handling, even if unpaid initially.
Tools & Resources
College placement cell, LinkedIn, Internshala, Company career pages
Career Connection
Builds practical experience, professional network, and provides insights into potential career paths, significantly improving employability and placement prospects in the Indian job market.
Develop Software Proficiency for Economic Analysis- (Semester 3-5)
Gain hands-on experience with statistical software packages essential for econometrics and data analysis. Focus on data manipulation, visualization, and running basic regressions.
Tools & Resources
R, Python (with pandas, NumPy, matplotlib, statsmodels), Stata, EViews, Online tutorials and university workshops
Career Connection
Highly valued by employers in data analytics, market research, financial modeling, and economic consulting roles across India, providing a competitive edge.
Participate in Research Projects and Competitions- (Semester 4-5)
Collaborate with faculty on minor research projects or participate in inter-collegiate economic case study competitions, essay contests, and model UN simulations. This hones research skills, presentation abilities, and problem-solving under pressure.
Tools & Resources
Faculty mentorship, College research grants, Academic competition platforms, Online data repositories (RBI, NSSO, World Bank)
Career Connection
Strengthens analytical thinking, showcases applied economic knowledge, and enhances resume for higher studies and research-oriented roles in Indian think tanks and universities.
Advanced Stage
Strategize for Placements and Higher Education- (Semester 6)
Actively engage with the placement cell, attend career workshops, and prepare a strong resume and cover letter. Practice mock interviews and aptitude tests. For higher studies, research university programs, prepare for entrance exams (e.g., GATE, GRE, CAT, IES), and seek recommendation letters.
Tools & Resources
College placement office, Career counselors, Online aptitude test platforms, Specific entrance exam preparation materials, Alumni network
Career Connection
Directs efforts towards securing desired job roles in finance, consulting, or public policy, or gaining admission to prestigious post-graduate programs in India or abroad.
Deepen Specialization through Electives and Research- (Semester 5-6)
Leverage the elective choices to specialize in a particular area of economics (e.g., environmental economics, financial economics, development economics) that aligns with career goals. Focus your research project/dissertation on a topic within this chosen specialization.
Tools & Resources
Specialized journals, Advanced textbooks, Faculty experts in the chosen field, Research databases (JSTOR, EBSCO), Government reports
Career Connection
Develops expert-level knowledge in a niche area, making you a more attractive candidate for specialized roles in research, policy analysis, and industry-specific consulting.
Cultivate Professional Networking and Mentorship- (Semester 5-6)
Attend industry seminars, conferences, and alumni events to network with professionals and potential mentors in your field of interest. Seek guidance from experienced professionals about career trajectories and industry trends in India.
Tools & Resources
LinkedIn, Professional associations (e.g., Indian Economic Association), University alumni portal, Industry events
Career Connection
Opens doors to unadvertised job opportunities, provides valuable career advice, and builds a supportive professional community essential for long-term career growth in India''''s competitive market.
Program Structure and Curriculum
Eligibility:
- Standard 12th (10+2) or equivalent examination passed from any recognised Board with minimum 50% marks (45% for Scheduled Caste/Scheduled Tribes).
Duration: 3 years / 6 semesters
Credits: 156 Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 010121101 | Introductory Microeconomics | Core | 4 | Basic Economic Problems, Demand and Supply, Consumer Behaviour, Production and Costs, Market Structures |
| 010121102 | Introductory Macroeconomics | Core | 4 | National Income Accounting, Determination of Output and Employment, Money and Inflation, Open Economy Macroeconomics, Fiscal and Monetary Policies |
| 010121103 | Mathematical Methods for Economics I | Core | 4 | Basic Algebra, Functions, Differentiation, Integration, Matrix Algebra |
| 010121104 | Statistical Methods for Economics I | Core | 4 | Descriptive Statistics, Probability Theory, Random Variables, Probability Distributions, Sampling |
| 010121105 | Indian Economy I | Core | 4 | Structure of Indian Economy, Economic Planning in India, Agriculture Sector, Industry Sector, Services Sector |
| 010121106 | Environmental Studies | Compulsory | 2 | Ecosystems, Biodiversity, Pollution, Environmental Policy, Sustainable Development |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 010121201 | Intermediate Microeconomics | Core | 4 | Consumer Theory, Producer Theory, Market Imperfections, General Equilibrium, Welfare Economics |
| 010121202 | Intermediate Macroeconomics | Core | 4 | IS-LM Model, Aggregate Demand and Supply, Economic Growth, Business Cycles, Rational Expectations |
| 010121203 | Mathematical Methods for Economics II | Core | 4 | Optimization, Constrained Optimization, Linear Programming, Game Theory Basics, Differential Equations |
| 010121204 | Statistical Methods for Economics II | Core | 4 | Estimation, Hypothesis Testing, Correlation, Regression Analysis, Index Numbers |
| 010121205 | Indian Economy II | Core | 4 | Fiscal Policy, Monetary Policy, Trade and Balance of Payments, Poverty in India, Inequality in India |
| 010121206 | Research Methodology | Skill Enhancement | 2 | Research Design, Data Collection Methods, Sampling Techniques, Report Writing, Ethics in Research |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 010121301 | Advanced Microeconomics | Core | 4 | Risk and Uncertainty, Asymmetric Information, Public Goods, Externalities, Behavioural Economics |
| 010121302 | Advanced Macroeconomics | Core | 4 | Consumption Theories, Investment Theories, Supply-side Economics, New Classical Economics, Endogenous Growth Theory |
| 010121303 | Econometrics I | Core | 4 | Simple Linear Regression, Multiple Regression, OLS Assumptions, Hypothesis Testing in Regression, Dummy Variables |
| 010121304 | Development Economics I | Core | 4 | Theories of Development, Poverty and Inequality, Population Growth, Human Capital, Agriculture and Rural Development |
| 010121305 | International Economics I | Core | 4 | Theories of International Trade, Gains from Trade, Tariffs and Non-Tariff Barriers, Balance of Payments, Exchange Rate Systems |
| 010121306 | Public Finance | Core | 4 | Role of Government, Public Goods, Externalities, Taxation Principles, Public Debt, Fiscal Federalism |
| 010121307 | Value Added Course I | Value Added | 2 | Topics as per University and UGC guidelines, Enhancing interdisciplinary skills, Developing soft skills, Fostering holistic development, Personality enrichment |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 010121401 | Game Theory | Core | 4 | Static Games, Dynamic Games, Nash Equilibrium, Subgame Perfect Nash Equilibrium, Repeated Games |
| 010121402 | Financial Economics | Core | 4 | Time Value of Money, Risk and Return, Portfolio Theory, Asset Pricing Models, Derivatives |
| 010121403 | Econometrics II | Core | 4 | Multicollinearity, Heteroskedasticity, Autocorrelation, Time Series Econometrics, Panel Data |
| 010121404 | Development Economics II | Core | 4 | Globalisation, Foreign Aid, Trade and Development, Sustainable Development, Microfinance |
| 010121405 | International Economics II | Core | 4 | Foreign Exchange Markets, International Monetary System, Trade Policy in Developing Countries, Economic Integration, Multilateral Trading System |
| 010121406 | Industrial Economics | Core | 4 | Market Structure, Firm Behaviour, Oligopoly Models, Mergers and Acquisitions, Regulation of Industries |
| 010121407 | Value Added Course II | Value Added | 2 | Skill development for employability, Ethical considerations, Critical thinking, Problem-solving abilities, Societal awareness |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 010121501 | Welfare Economics and Public Policy | Core | 4 | Social Welfare Functions, Pareto Optimality, Market Failures, Cost-Benefit Analysis, Policy Evaluation |
| 010121502 | History of Economic Thought | Core | 4 | Mercantilism, Physiocrats, Classical School, Marxian Economics, Keynesian Revolution, Chicago School |
| 010121503 | Research Project | Project | 4 | Research Problem Formulation, Literature Review, Data Analysis, Methodology Design, Report Writing |
| 010121504 | Discipline Specific Elective I | Elective | 4 | Specialization in advanced economic areas, Application of economic principles to specific sectors, In-depth study of niche economic fields, Interdisciplinary economic topics, Choice from diverse elective offerings (e.g., Environmental Economics, Agricultural Economics, Health Economics) |
| 010121505 | Discipline Specific Elective II | Elective | 4 | Advanced analytical methods in economics, Policy-oriented economic studies, Industry-specific economic analysis, Exploration of contemporary economic issues, Focused research areas (e.g., Behavioural Economics, Demography, Money and Banking) |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 010121601 | International Finance | Core | 4 | Exchange Rate Theories, International Capital Flows, International Financial Markets, Currency Crises, Global Financial Architecture |
| 010121602 | Applied Econometrics | Core | 4 | Limited Dependent Variable Models, Panel Data Models, Instrumental Variables, Causal Inference, Forecasting Techniques |
| 010121603 | Internship | Project | 4 | Practical Application of Economic Principles, Industry Exposure, Report Writing on Project, Presentation Skills, Professional Ethics |
| 010121604 | Discipline Specific Elective III | Elective | 4 | Advanced economic modeling, Empirical research methods, Specialized economic theories, Global economic challenges, Sectoral policy implications (e.g., Indian Public Finance, Financial Market and Institutions, Economics of Education) |
| 010121605 | Discipline Specific Elective IV | Elective | 4 | Data-driven economic insights, Quantitative analysis techniques, Strategic economic decision-making, Emerging trends in economics, Independent research in chosen area (e.g., Entrepreneurship Development, Data Analytics for Economics, Behavioural Finance) |
