About Masters of Business Economics (MBE)
Masters of Business Economics (MBE) is a postgraduate course that offers knowledge about microeconomics, macroeconomics along with quantitative techniques and applied environmental economical concepts. It imparts practical and theoretical knowledge about economical 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.
MBE provides students with the right skillsets for analysing 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.
Master of Business Economics (MBE) Highlights
Some of the major highlights of the Master of Business Economics (MBE) is as follows:
| Course Name | Master of Business Economics |
|---|---|
| Short Name | MBE |
| Course Level | Masters |
| Examination Type | Semester-wise |
| Eligibility | Bachelor\’s Degree in the relevant field |
| Duration | 2 years |
| Course Fee | INR 10,000 to Rs. 2 lakhs |
| Job Profiles | Business Economist, Asset Manager, Market Analyst, Operations Manager, etc. |
Masters of Business Economics (MBE) Eligibility Criteria
- Minimum Qualification Required: A bachelor’s degree in commerce/ mathematics/ statistics/ B.Tech/ business administration
- Minimum Marks Required: 45% to 55%. However, the minimum marks may vary from institute to institute
MBE Admission Process:
The admission process for the Master of Business Economics is either conducted on the basis of entrance exam or on the basis of merit.
Direct Admissions
Some of the colleges in India admission to the MBE course on the basis of merit which is also known as Direct Admissions.Through this pathway, candidates are selected on the basis of their marks scored in the Intermediate examination.For this, candidates simply have to apply to the college. After the board results are announced the colleges will release their cut-off scores.If candidates have scored more than or equal to the cut-off scores of the intended college will be eligible for admissions in the same.
Masters of Business Economics (MBE) Career Options and Job Prospects
An ample number of employment opportunities are available for aspirants after the completion of MBE 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
- Teacher
The annual start salary of a fresher is Rs. 3 lakh to Rs. 4lakh. The suitable employment areas for candidates with Masters in Business Economics degree:
- Schools/Colleges
- Business Parks
- Finance Departments/ Firms
- Banks
- Stock Exchanges
- Trade Centres