BA Economics Program

The BA (Economics) Application Material
BA (Economics) Program 2018-21 Frequently Asked Questions (FAQ’s)
BA Economics Brochure

Introduction

  • There is an increasing demand for economists with background in mathematics, statistics and data science. The graduates in economics are much sought across diverse roles comprising researchers, consultants, strategists and analysts.
  • Economics is known as the queen of social sciences. Its importance stems from the fact that most of the social phenomena relating either to consumers and businesses, or to the government, deal with the scarcity of resources and multiplicity of wants. The discipline, as taught in most institutions, has been undergoing major changes in keeping with the demands of changing times. With globalization the relevance of the discipline has increased manifold.
  • Well-trained economists with a firm grip and a clear understanding of changing economic trends attract respectable jobs with handsome salaries from reputed employers including banks, financial institutions, MNCs, research firms to name a few.

The Program

  • The ICFAI Foundation for Higher Education (IFHE) has launched a BA (Economics) Program geared to meeting the aspirations of undergraduate students. The program helps students to learn the basics of discipline in a conducive academic environment.
  • The Program, spread over three academic years (six semesters) and thirty six courses, spans across the width of knowledge relevant to a bachelors’ degree.
  • The courses in Economics include not only micro and macroeconomic theory but also applications such as public finance, trade, financial economics, environmental studies, etc.
  • The foundation courses consisting of mathematics, statistics, econometrics, computer programming, and database provide better understanding of business and economic analysis, forecasting, and policy. It also covers closely related social science subjects such as political science, psychology, philosophy, logic, ethics, law and management.
  • The students can specialize in econometrics or data science or entrepreneurship or financial economics. The students will gain hands on experience through an internship program. The course concludes with a thesis which enables students to articulate and analyze a problem.
  • The BA (Economics) graduates will have an excellent chance of getting admission into reputed Institutions in India and abroad for higher studies. They will also have good employment opportunities. There is ample scope for developing scholastic skills & personality traits.

Eligibility : Pass in 10+2 with minimum 50% aggregate marks.

Fee : Rs. 50,000 per semester, for six semesters.
The program is not residential. Hostel accommodation is available to a limited number of students. Hostel and Mess charges are separate.

How to aply
Apply online at:
www.ifheindia.org/BA-Economics.html
Last date for submission of completed Applications: July 06, 2018
Classes Commence from July 15, 2018.

BA (Economics) Program Structure*
Year I
Semester-I Semester-II
  • Micro Economics
  • Introduction to Political Science
  • English language
  • Linear Algebra
  • Probability and Statistics
  • Computer Skills and Applications
  • Macro Economics-I
  • Ethics, Philosophy and Logic
  • Professional Communication
  • Calculus
  • Statistical Inference
  • Economic History of India
Internship
Year II
Semester-III Semester-IV
  • Macro Economics-II
  • Introduction to Psychology
  • Principles of Management
  • Issues in Development & Growth
  • Mathematical Analysis for Economists
  • Environmental studies
  • Banking and Market Regulations
  • Indian Economy-1
  • History of Economic Thought
  • Econometrics-1
  • Public Finance
  • International Trade
Internship
Year III
Semester-V Semester-VI
  • International Finance and Financial Institutions
  • Databases and their uses
  • Econometrics-II
  • Indian Economy-II
  • Financial Economics
  • Public Policy
  • Data Science
  • Topics in Econometrics
  • Financial economics
  • Entrepreneurship
  • Mathematical Economics
  • Law and Economics
  • There will be six streams, each of two courses. The student will have to choose two streams. The student will also be required to write a thesis which will be equivalent to two courses during the sixth semester.

* The program structure is tentative, subject to change (if required).

Utmost importance will be given to placement-related activities to ensure that all successful graduates secure suitable placements. In this context, the Faculty of Science & Technology is uniquely placed to leverage on an industry network, developed over a period of time by The ICFAI University Group.

Over the past several years, a strong placement network has been developed with bluechip companies in the manufacturing, engineering, information technology, and other sectors. A number of national and multinational companies have recruited the students through campus recruitment. This has been achieved through constant interaction with the industry by way of seminars, internship courses conducted in industries, research projects,and on and off-campus initiatives.

Personality development programs are organized as a part of placement activity. All the students are provided guidance in career planning.

The entire placement exercise is a joint effort between the Faculty of Science & Technology and the students. While the Faculty of Science & Technology provides guidance, support, and networking with potential employers, the students have the responsibility to put in the maximum possible efforts to obtain suitable placements.


Institutions where B.Tech. Graduates of ITS, IFHE got admissions for higher studies

  • BELLEVUE UNIVERSITY, USA
  • IIT, ROORKEE
  • IBS, HYDERABAD
  • INDIANA STATE UNIVERSITY, TERRA HAUTE, USA
  • NEW JERSEY INSTITUTE OF TECHNOLOGY, USA
  • NORTH WESTERN POLYTECHNIC, USA
  • OLD DOMINION UNIVERSITY, VIRGINIA
  • STEVENS INSTITUTE OF TECHNOLOGY, USA
  • UNIVERSITY OF BRIDGEPORT, USA
  • UNIVERSITY OF CENTRAL FLORIDA, USA
  • UNIVERSITY OF HOUSTON CLEAR LAKE, USA
  • UNIVERSITY OF NEW HAVENS, USA
  • UNIVERSITY OF SOUTH ALBAMA, USA
  • UNIVERSITY OF TEXAS AT DALLAS, USA
  • UNIVERSITY OF WEST VIRGINIA, USA

Placement Status of B. Tech students of IST, IFHE

Description 2010-14 2011-15 2012-16 2013-17
No. of Students on roll 156 76 152  119
Opted for Higher Study 39 42 36  20
Opted for Placements 117 45 82  96
No. of Students placed 104 36 76   84 
% Placements 89% 80% 92% 87% 
Average Salary* 2.55 3.01 3.17  3.37
Highest Salary* 5.0 5.04 14.0  15.0

Prominent Recruiters at ITS, IFHE, Hyderabad, 2013-14

  • Accenture
  • ADP
  • Amazon.com
  • Apoorva IT
  • Aishwarya Telecom
  • Asa Bhanu
  • ATMECS Tech.
  • Broadridge
  • BelcoSys
  • Choice Solutions
  • Comm Labs
  • Dark Horse
  • Design Tribes
  • Divami Software
  • Data64
  • Edutech
  • Factsheet
  • Fission Labs
  • Future Tech
  • GenPact
  • Global Logic
  • GlobalStep
  • HCL Tech
  • HSBC
  • Hettich
  • IBM
  • IGate
  • Indian Navy
  • IKYA
  • Inrhythm solutions
  • Incessant Technologies
  • Kelly Services(NES)
  • K-Tree
  • Magikminds
  • Mahindra & Mahindra
  • Mastech
  • MAQ Software
  • Mindfire Solutions
  • Mold Tek
  • NICE Solutions
  • Nilestream Info.
  • NTT Data
  • Nucon Aerospace
  • Perceptive Analytics
  • PEBS Pennar
  • Persistent Technology
  • Polman Instruments
  • Quality Photonics
  • Ramky Environ.
  • SAKET Engineering
  • Schneider Electric
  • Semantic Space
  • Sevya Multimedia
  • Sonata Software
  • STUP Consultancy
  • SumTotal
  • Sunera Tech
  • T-Bits
  • Toshiba
  • Virtusa
  • VRL Automation
  • Veljan Hydroair
  • ZenQ Tech