Bachelor of Economics: Course, Eligibility, Admission, and FAQs

Are you driven by a curiosity to understand how markets, policies, and human behavior influence national and global economies? A Bachelor of Economics is an ideal undergraduate program for individuals seeking to build expertise in economic theory, data analysis, public policy, and financial systems. At Vinayaka Mission’s School of Economics and Public Policy (VSEP), our B.Sc. Economics (Honours with Research) program is designed not only to educate but also to empower the next generation of economists, policymakers, and social leaders.

Course Overview

The Bachelor of Economics is an undergraduate degree program that focuses on the study of economics as a social science. It involves a deep dive into how societies use resources, how goods and services are produced and distributed, and how individuals and institutions make economic decisions. The program blends theoretical frameworks with empirical analysis to help students understand how economic systems operate at both micro and macro levels.

Students learn about topics like demand and supply, market structures, fiscal and monetary policy, international trade, public finance, developmental economics, and statistical analysis. With the rise of digital economies and the data revolution, modern economics education also includes significant components of data science, econometrics, machine learning applications in economics, and behavioral insights.

Whether your interest lies in policy-making, finance, analytics, international development, or research, a Bachelor of Economics lays the groundwork for versatile and high-impact careers. It sharpens analytical thinking, equips students with strong quantitative reasoning, and nurtures decision-making skills that are valuable across industries and sectors.

At VSEP, the Bachelor of Economics is delivered through a uniquely forward-thinking approach that prepares students not just for jobs, but for leadership roles in solving the world’s most pressing challenges.

The B.Sc. Economics (Honours with Research) program at VSEP offers an intellectually stimulating and application-oriented curriculum. Unlike traditional economics degrees, this program emphasizes the use of quantitative tools, data analytics, and policy applications to solve real-world challenges. The course draws from globally benchmarked syllabi, including those of Ivy League institutions, to ensure that students receive the most contemporary and globally relevant education.

VSEP’s economics program is deeply interdisciplinary, blending economic theory with subjects such as political science, environmental studies, and behavioral science. Students explore topics ranging from macroeconomic stability and inflation control to microeconomic behavior, income inequality, and economic policy design. A significant part of the curriculum focuses on healthcare economics, education economics, environmental sustainability, and digital economies, ensuring that students are ready to tackle 21st-century problems.

Program Highlights

Minors Offered

Health Economics

The healthcare industry faces rising expenses, an aging population, and workforce shortages. Health Economics applies economic principles to healthcare systems to optimize resource use. Specialists in this field create evidence-based strategies for equitable and efficient resource allocation across patient groups. Using Big Data, health economists evaluate trends and influence policy to improve healthcare access and delivery.

Specializing in Health Economics equips students to analyze the financial implications of health policies and contribute meaningfully to the advancement of healthcare systems.

Data Analytics

Economics graduates possess a strong foundation in causal inference, critical for deriving meaningful insights from data. Economics, when combined with mathematics, psychology, political science, and finance, offers a broad analytical toolkit. Students learn linear and logistic regression—key components of machine learning—building strong technical and analytical capabilities.

Choosing a minor in Data Analytics empowers students to interpret data and make informed decisions, preparing them for roles in today’s data-driven industries.

Additional Features

• Honours with Research Track: Offers students the opportunity to conduct guided research on emerging economic issues.
• Data-Driven Learning: Integration of statistical software, data visualization, and econometrics for informed decision-making.
• Capstone Projects: Real-world projects in partnership with public and private institutions.
• Mentorship by Experts: Learn from economists, policy makers, and academic leaders trained in globally renowned institutions.
• Career Development Support: Workshops, internships, and placement support for graduate studies and employment.

Eligibility Criteria

To apply for the Bachelor of Economics program at VSEP, applicants must:

• Have passed 10+2 / H.Sc or an equivalent examination from a recognized board.
• Achieve a minimum aggregate score of:
  • 60% for candidates in the General Category
  • 55% for candidates in the OBC Category
  • 50% for candidates in the SC/ST/PWD Categories
• Preferably studied Mathematics, Statistics, or Economics in senior secondary school.

Admission Process

Admissions to the B.Sc. Economics (Honours with Research) program at VSEP are conducted based on the following procedure:

• Merit-Based Selection: Admission is based on marks obtained in the qualifying examination (10+2 or equivalent).
• Counselling by AMC: Merit-based counselling is conducted by the Admission Monitoring Committee (AMC) of Vinayaka Mission’s Research Foundation (Deemed to be University).
• Compliance with VMRF-DU Norms: The eligibility criteria and admission decisions are governed by the latest guidelines prescribed by VMRF-DU.

Admission into the B.Sc. Economics (Honours with Research) program at VSEP follows a merit-based and interest-aligned process:

1. Application Submission: Fill out the application on the VSEP admissions portal.
2. Initial Screening: Academic qualifications and subject background are evaluated.
3. Entrance Test / Interview: Shortlisted candidates may be called for an interview or written test to assess analytical thinking and interest in economics.
4. Final Admission Offer: Based on academic merit, test/interview performance, and overall fit with program goals.

Career Opportunities

Graduating with a Bachelor of Economics from VSEP opens multiple avenues for higher education and career advancement:

• Graduate Studies: MSc in Economics, Development Studies, Public Policy, Finance, Data Science at top Indian and global institutions.
• Government and Policy Roles: Positions in Indian Economic Services (IES), NITI Aayog, Ministry of Finance, international organizations like World Bank, IMF.
• Corporate Sector: Roles in banking, financial consulting, economic research, business analytics, and regulatory affairs.
• Social Impact & NGOs: Policy research, economic evaluation, data-driven development strategies.

Why Choose VSEP?

VSEP stands out due to its strong commitment to blending academic knowledge with real-world relevance. The school is known for:

• Offering one of India’s most forward-thinking Economics programs.
• Integrating AI, data analytics, and social science insights into core economics training.
• Mentoring future leaders to become not just economists but change-makers in society.

Programme Structure

In alignment with the National Education Policy (NEP) 2020, the B.Sc. Economics (Honours with Research) at VSEP is a four-year undergraduate program offering multiple exit options and specializations, culminating in an Honours degree at the end of the fourth year. It stands among the first few programs in India to provide such flexible academic architecture, opening wide-ranging career and research opportunities for students aspiring to be in the leader’s league.

Programme Features

• Duration: 4 years
• Maximum Intake: 30 students per cohort
• Domain-Specific Expertise: Includes training and internships with industry, enhancement and value-added courses, and co-curricular activities. Assessments involve presentations, oratory skills, team learning, and group activities.
• Foundational and Capstone Projects: Live, project-based learning with Capstone projects in collaboration with organizations to apply theoretical learning to real-world issues.
• Work Study Programme: The “Earn While You Learn” initiative enables students to support their education financially while gaining practical skills and workplace experience.
• CBCS & CGPA System: Offers flexibility through the Choice Based Credit System and evaluates students with a Grade Point Average system.
• Faculty Members: Faculty from diverse academic and professional sectors bring interdisciplinary expertise, enriching the learning process.
• Placement Support: Dedicated placement cell offering career guidance, soft skill training, and job placement support.
• Start-Up Support: Mentoring, funding, and incubation support for students interested in entrepreneurship.
• Curriculum Alignment: Designed based on current and future market demands, supporting both employment and entrepreneurship.
• Semester Exchange Programme: Offers students the opportunity to study abroad for one semester to gain global exposure and academic diversity.
• Rigorous Training: In-depth training in programming, statistics, data management, machine learning, finance, and development sector.
• Infrastructure Support: Full-fledged transportation, hostel facilities, and scholarships to promote inclusive and accessible education for all.

FAQs: Bachelor of Economics at VSEP