BITS Pilani

  • Page last updated on Tuesday, November 09, 2021

Department of Economics and Finance

Innovate. Achieve. Lead.
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About us

The Economics and Finance Department at BITS Pilani - Hyderabad Campus offers MSc (Hons) Economics as a first degree. Minor in Finance and PhD programme. The diversity of specializations of the departmental faculty has promoted multi-faceted research at the Department and has brought a certain depth to the courses as well. Along with research, the Department recognizes the growing demand for trained manpower in education, industry, government and other sectors as well as nurturing future researchers and specialists in Economics, Finance and Management. The teaching methodology pursues to provide students with a strong conceptual foundation and to create a continuous interest and involvement with the real life applications of Economics, Finance and Management. For more details about our Department, we request you to go through this website.
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Economics Association

The Economics Association, as the name suggests, is the association for the MSc Economics students at Hyderabad campus. The primary aim of the association is to inculcate and nurture an interest in the economics and finance world among all students on campus, not just those studying economics. Towards this end, various events are held, both as part of ATMOS, as well as in general. Events conducted during ATMOS include Courtroom, Arthashastra – The Business Quiz and workshops on finance. In addition to this, there are several guest talks and workshops conducted throughout the year by some of the best names in the field of finance and economics in the country and abroad. Panel discussions are also held on regular basis to keep abreast with various developments and be familiar with the different point of views and perceptions. The association also maintains a blog, where articles written by our students and guest contributions are posted regularly.  In addition to this, the association also conceived and organized the flagship edition of its financial conclave, Finnovate, in February 2017. Finnovate will continue as an annual event with eminent speakers talking on contemporary issues and exciting quizzes/competitions for students. 

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The placement record of the students enrolled in M.Sc. Economics has been quite good. The curriculum and training at BITS Pilani Hyderabad help students to develop skills essential for charting successful career. The students’ participation in unique innovation of Practice School gives an early industry exposure to BITSians giving them an edge in professional workplace. 
Past Recruiters
Following are some of our past recruiters:
Credit Sussie
Deutsche Bank
JP Morgan Services
JP Morgan CIB
Wells fargo
Futures First
Edelweiss Capital
Morgan Stanley Capital Investments
Placement Statistics

M.Sc. Economics-Placement year 2016-17

All the students either got placed or went for higher studies

Highest Package (Cost to Company)

Rs. 14.6 lakhs

Average Package* (Cost to Company)

Rs. 10.8 lakhs

*: Based on overall packages offered by companies, irrespective of students recruited 
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2nd Annual Conference in Economics and Finance (March 11-12 & 18, 2021)


Symposium on Issues in Indian Economy
Click here for poster.
Click here for Schedule. 
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Symposium on Issues in Indian Economy

In collaboration with Economics Association, Department of Economics and Finance, BITS Pilani Hyderabad Campus organizing 1st National Symposium on Issues in Indian Economy (14 to 17th February 2020)  
This symposium is focused on promoting the discussion related to the current Indian economy, particularly keeping recent annual central budget in mind. Eminent persons from various fields are invited to share their views. This is surely going to be an enriching experience for all. 
Click here for Poster. 
Click here for Schedule. 
Click here for Agenda. 
Details of the talk by Prof. R Nagaraj


Ph.D. Admissions (II Semester 2021-22)
Click here for more details
Click here for Flyer 
Current JRF/SRF & Other Openings

Schedule a Seminar

To schedule a seminar, please contact our seminar coordinator:
Dr. Dushyant Kumar
Birla Institute of Technology & Science, Pilani,Hyderabad Campus
Jawahar Nagar,Medchal District,Telangana-500078
E-mail : dushyant@hyderabad.bits-pilani.ac.in
Phone: 040 – 66303711 (Office)
Fax: +91 40 66303998 



  • 1st National Symposium “Issues in Indian Economy” was organised on 14th, 15th & 17th February 2020. Main Speakers included Prof. Prabhat Patnaik (Former Faculty, University of Cambridge, UK and JNU, India; Former Vice Chairman of Kerala State Planning Board and UN Task Force), Prof. R Nagaraj (Professor, IGIDR Mumbai), Prof. Surajit Sinha Professor (IIT Kanpur), Prof. RK Mishra (Director, IPE Hyderabad), Prof. Saikat Sinha Roy Professor (Jadavpur University), Prof. Ramana Sonti (Professor, ISB Hyderabad), Prof. K Nageshwar (Professor, Osmania University & Former member of Telangana Legislative Council), Prof. Yerram Raju (Director, Telangana Industrial Health Clinic Ltd., Govt. of Telangana).

  • Prof Debasis Mishra (Indian Statistical Institute, Delhi Centre) gave a talk on ‘Economics Nobel Memorial Prize 2020: Contributions of Paul R Milgrom and Robert Wilson to Auction Theory’.

  • The Economics Association conducted a Webinar talk in collaboration with the Department of Economics and Finance on the topic, ‘Careers in Finance: From Academia to the Corporate World', on 9th August 2020 (Speaker: Dr Rajnish Kumar).

  • The Economics Association conducted its Annual Business Quiz during the Tech Week (13th February 2020).

Recent Publications

  • Alok, S., Nessa, S., & Ahil, S. B. (2020). School training strategies for prevention and control of dengue. Indian Journal of Community Medicine: Official Publication of Indian Association of Preventive & Social Medicine, 45(1), 106.

  • Alok, S., Kumar, R., & Singh, S. (2020). Determinants of Conflict Style and its Variations across North and South India: Evidence from manufacturing sector. International journal of Development and Conflict, 10(1), 33-52.

  • Antil, S., Kumar, M., & Swain, N. (2020). Evaluating the efficiency of regional rural banks across the Indian states during different phases of structural development. Applied Economics, 52(41), 1-17.

  • Bheemeshwar Reddy, A., Jose, S., & Vaidehi, R. (2020) Of Access and Inclusivity: Digital Divide in Online Education. Economic and Political Weekly, 55(36), 23-26.
    Kumar, D., & Chowdhury, P. R. (2020). Conflict and development. International Game Theory Review (IGTR), 22(02), 1-24.
  • Kumar, R., & Lakhtakia, S. (2020). Rising cesarean deliveries in India: medical compulsions or convenience of the affluent? Health Care for Women International, 1-25.

  • Kumar, R., & Lakhtakia, S. (2020). Women’s Empowerment and Child Stunting in India: An Investigation. Journal of Population and Social Studies [JPSS], 29, 47-66.

  • Kumar, R., & Sood, R. (2020). Alcohol and Tobacco Consumption among Indian Women. Asian Women, 36(2), 25-42.

  • Mallela, K., Singh, S. K., & Srivastava, A. (2020). Estimating Bilateral Remittances in a Macroeconomic Framework: Evidence from top Remittance-Receiving Countries. Studies in Microeconomics, 8(1), 95-118.

  • Ramachandran, M. T., & Das, A. (2020). Collective farming and women’s livelihoods: a case study of Kudumbashree group cultivation. Canadian Journal of Development Studies/Revue canadienne d'études du développement, 41(4), 1-19.

  • Thota, N., & Subrahmanyam, A. C. V. (2020). Bank total factor productivity convergence: Evidence from India. Finance Research Letters, 37, 101357.

  • Bohini, K., C.H. Yaganti and M.P. Thomas. (2021). India’s Demographic Dividend: The Millennials Savings Conundrum. Millennial Asia. (Accepted).

  • Chhabra, S., Raghunathan, R., & Rao, N. M. (2020). The antecedents of entrepreneurial intention among women entrepreneurs in India. Asia Pacific Journal of Innovation and Entrepreneurship.

  • Kumar, A. S., Nagaraju, T., & Ajaz, T. (2020). On the Informational Efficiency of the Cryptocurrency Market. IUP Journal of Applied Economics, 19(1), 47-56.
    Mansabdar, S., & Yaganti, H. C. (2020). Heterogeneity of Cash Markets at Physical Delivery Points and the Hedging Effectiveness of Agricultural Commodity Futures in India–Lessons for Contract Optimization. Applied Finance Letters, 9(SI), 79-89.
  • Banerjee, S., Alok, S., & George, B. (2020). Determinants of Women Empowerment as Measured by Domestic Decision-Making: Perspective from a Developing Economy. In Advanced Issues in the Economics of Emerging Markets. Emerald Publishing Limited.

  • Athary Janiso (2020). Employment Trends among Scheduled Tribe Women. In Women and Work in Rural India, Tulika Books, New Delhi.

  • Biswas,S. & Sinha, N. (2021). Business group affiliation and resilience to Covid-19 outbreak in India. In Financial Transformations beyond the Covid-19 Health Crisis. World Scientific Publishing. (Accepted)

Sponsored Projects


  • “Minority Investor protection and Business group ownership structure in India” by Dr. Nivedita Sinha (Grant: Rs. 8,50,000/- ; Funding Agency: BITS-Pilani)

  • “Urban Low-Income Households’ Savings: Understanding Issues and Challenges in Indian Context” by Dr. Rishi Kumar, Dr. Archana Srivastava & Dr. Sudatta Banerjee (Grant: Rs. 14,05,000/-; Funding Agency: Dvara Research, Household Finance Research Initiative)

  • “Socio-Economic Impacts of Cyclones and the Coping Strategies of the Local Communities in Odisha, India with a Special Focus on Women” by Archana Srivastava, Prof. Dolagobinda Pradhan (Kwantlen Polytechnic University) & Dr. Rishi Kumar (Grant: Rs. 10,00,000/-; Funding Agency: Shastri Indo-Canadian Institute)

  • “Financial Inclusion through Urban Cooperative Banks: An Exploratory Study of Telangana State” by Dr. Mini Thomas (Grant: 5,60,000/-; Funding agency: IMPRESS-ICSSR)

  • “Impact of Modern Organized Multi Brand Retail Trade (MOMBRT) on Street Vendors: Case Study of Two Capital Cities (Hyderabad and Bhubaneswar)” by Dr. Archana Srivastava (Grant: 4,50,000/-; Funding agency: ICSSR)

  • “Women’s Employment, Interstate Variations and Time-use: A Comparative Study of Bihar and Andhra Pradesh” by Dr. Sunny Jose & Dr. Bheemeshwar Reddy A (Grant: 11,88,000/-; Funding agency: Azim Premji University) 



  • “Sustainability of Cashless Banking in Unorganized Retail Sector: A Comparative Study of Two Districts of Telangana” by Archana Srivastava & Dr. Rishi Kumar (Grant: Rs. 2,50,000/-; Funding agency: IIBF, Mumbai)

  • “Does Financial Awareness lead to Better Financial Inclusion Outcomes? An Investigation” by Durgesh C Pathak & Dr. Rishi Kumar (Grant: Rs.4,50,000/-; Funding agency: IMPRESS-ICSSR)

  • “Impact of the ex-gratia for farmers' suicide on the surviving family member of the deceased farmers in Telangana” by Dr. Thota Nagaraju (Grant: Rs.4,00,000/-; Funding agency: IMPRESS-ICSSR)



  • Dr. Sunny Kumar Singh has joined as an Associate Editor to the journal titled “SN Business & Economics”, a springer journal.

  • Sanjay Mansabdar & Dr. C Hussain Yaganti won the 2nd position for the Best Paper Award for SEBI-NISM Conference on Changing Landscape of Securities Market during January 22-24, 2020 for their paper titled “Heterogeneity of Cash Markets at Physical Delivery Points and the Hedging Effectiveness of Agricultural Commodity Futures in India – Lessons for Contract Optimization”.

  • Prof V S Rao Foundation Best All-Rounder (Female) Award – 2020 awarded to Ms Vijitha Gunta, student of Eco & Fin Dept, based on the assessment of all-round performance. The award carries a cash prize of Rs 50,000/-.

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