Master of Business Economics [MBE] - Course Overview

  • STREAM

    COMMERCE

  • DURATION

    2 YEARS

  • COURSE

    Economics

  • COURSE TYPE

    Post Graduation

Pranjal Singhal Pranjal Singhal
Content Curator

Master of Business Economics Top Colleges, Syllabus, Scope and Salary

Master of Business Economics is a 2-year postgraduate course offered by some universities and colleges in India. The course was mainly conducted by the Delhi University earlier but now it is offered by many other institutes in India.  The basic eligibility for pursuing this course is that the students should have completed their graduation. Though many institutes give admission to students of any stream, the students should have a background in economics or commerce.

Some of the top institutes offering a Master of Business Economics are:

The students of the Master of Business Economics study about micro and macroeconomic analysis, applied business statistics, project appraisal, organizational behaviour, marketing environment, international trade, etc. The average course fee ranges from INR 10,000-3 Lakhs.

The major recruiters for this course are the banking sector, government sector, corporate companies, large businesses on both national and international scale, audit agencies, etc. After completing this course, students get to work on profiles like Business Economist, Asset Manager, Market Analyst, Operations Manager, etc. The starting salary ranges from INR 5-20 Lakhs per annum in India.

Master of Business Economics: Highlights

Course LevelMasters
Examination TypeSemester-wise/Year-wise
Eligibility for the programGraduation from a recognized college with minimum qualifying marks
Duration of the program2 years
Average Tuition FeeINR 10,000-3 Lakhs
Average Salary (per annum)INR 5-20 Lakhs
Job ProfilesBusiness Economist, Asset Manager, Market Analyst, Operations Manager, etc.

What is MBE Degree?

Master of Business Economics or MBE is a postgraduate course which is a combination of management techniques along with economic theories. It helps a student in forecasting the market behaviours without losing on environmental facets that come along with it. It gives a dual degree by providing a base in micro and macroeconomic principles along with quantitative techniques. With that, it provides a thorough specialization in finance, marketing, operations, applied environmental economics concepts.

It throws light on our social responsibilities which business administration brings about with itself and how environmental considerations should be met before planning on actions. With a strong ground knowledge of economics along with management aptitude, one can easily do a critical assessment of the international conditions and change in government policies. The course covers various topics on the theoretical foundation with a practical relevance attached to it for practitioners in private and government sector including Industrial economics, Times series and business forecasting, International marketing, Global finance, etc.

Master of Business Economics syllabus can be fetched here for more details.

Master of Business Economics vs MBA in Business Economics

Master of Business EconomicsMBA in Business Economics
This degree offers an in-depth knowledge of Economics and its technicalities in a business environment. MBE is an amalgamation of management, business administration, law, and economics with technology and engineering.MBA in Business Economics is a professional business degree with a little emphasis on the economic elements. This degree will offer in-depth theories on the application of Economics in a business environment.

Master of Business Economics: Top Institutes

Institute NameLocationAverage Fees (per annum)
Noida International UniversityGautam Buddh NagarINR 1,72,000
Bundelkhand UniversityJhansiINR 21,000
Mewar Institute of ManagementGhaziabadINR 35,000
Gauhati UniversityGuwahatiINR 39,000
Himachal Pradesh UniversityShimlaINR 4,600
Holy Cross Institute of Management and Technology-HCIMTCalicutINR 84,000

Master of Business Economics: Eligibility

The basic eligibility for Masters in Business Economics is a bachelor’s degree in any stream from a recognized university with a minimum of required aggregate percentage. Most of the universities require a minimum of 45%-55% aggregate marks. However, this may differ for various universities. Though many institutes give admission to students of any stream, the students should have a background in economics or commerce.

Students in the last year of graduation can also apply for the same.

Master of Business Economics: Admission Process

Universities conduct admissions to this course on the basis of both entrance exams and on merit basis. 

Entrance Exams

There are some universities which conduct entrance exams for giving admission to the Master of Business Economics course. The students who qualify the entrance test have to go through rigorous rounds of group discussions and personal interviews. Universities which conduct entrance examinations are:

Merit-Based Admission

Other than this, universities conduct admissions mainly on the basis of merit lists. Merit-list selections are also followed by rounds of group discussions and personal interviews. Since the course is very near to MBA, therefore my universities consider CAT for generating the merit-lists for Master of Business Economics. 

Master of Business Economics: Scope

Jobs

After completing the degree of Master of Business Economics, students get to work in fields like:

  • Banking Sector
  • Government Sector
  • Research and development
  • Teaching

To know in detail, click here.

Higher Studies

Those who want to study furthermore can go for courses like:

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