Department of Economics & Finance

Economics & Finance

    Program Objective

    The M.Sc. programs at BITS Pilani University have integrated degree programs without any intermediate B.Sc. degree. The integrated nature of the programs and their analytical and engineering science contents give them a professional character and enable students to participate usefully in corporate and research jobs. Considering the current market scenario and recent surge in demand for people specialising in Economics and Finance, Department of Economics & Finance of BITS Pilani, Hyderabad Campus offer programs such as integrated M.Sc. (Economics) and Minor in Finance.

    The main objective of M.Sc. (Economics) program is to impart students with a rigorous and hands-on training in Economics, with special emphasis on analytical and problem-solving skill, and in-depth understanding of the theoretical and empirical construct in the field of Economics. This will make the students acquire a level of subject knowledge, enabling them to achieve high quality skills suitable for various professions, especially in the field of data analysis and economic policy making.

    Eligibility for admission

    Minimum Academic Qualification:

    (a) Candidates should have passed the 12th examination of 10+2 system from a recognized Central or State board or its equivalent with Physics, Chemistry, and Mathematics and adequate proficiency in English.
    (b) The candidate should have obtained a minimum of aggregate 75% marks in Physics, Chemistry and Mathematics subjects (if he/she has taken Mathematics in BITSAT) or a minimum of aggregate 75% marks in Physics, Chemistry and Biology subjects (if he/she has taken Biology in BITSAT) in the 12th examination, with at least 60% marks in each of the Physics, Chemistry, and Mathematics/ Biology subjects.
    For technical details and guidelines about the programme, please visit 

    Program Structure

    The structure and requirements of the M.Sc. (Hons.) in Economics program is as follows:  

                                                                     Discipline Core Courses


    Semester I

    Semester II


    ECON F211: Principles of Economics

    MGTS F211: Principles of Management

    ECON F212: Fundamentals of Finance & Accounting

    ECON F241: Econometric Methods

    ECON F213: Mathematical & Statistical Methods

    ECON F242: Microeconomics

    ECON F214: Economic Environment of Business

    ECON F243: Macroeconomics


    ECON F244: Economics of Growth & Development

    Practice School 1 (PS -1)*


    ECON F311: International Economics

    ECON F341: Public Finance: Theory & Policy

    ECON F312: Money Banking & Financial Markets

    ECON F342: Applied Econometrics

    ECON F313: Issues in Economic Development

    ECON F343: Economic Analysis of Public Policy


    Discipline Electives

    Discipline Electives

    Practice School 2 (PS -2)*

    List of Electives for M.Sc. (Hons.) Economics program: 


    ECON F351: Indian Economic Development


    ECON F352: Management of Banks and Financial Institutions


    ECON F471: Resources and Environmental Economics


    ECON F353: Energy Economics and Policy


    ECON F411: Project Appraisal


    ECON F412: Security Analysis and Portfolio Management


    ECON F422: Functions and Working of Stock Exchanges


    ECON F354: Derivatives and Risk Management


    ECON F413: Financial Engineering


    ECON F414: Creating and Leading Entrepreneurial Organizations


    ECON F415: New Venture Creation


    ECON F355: Business Analysis and Valuation


    ECON F356: Strategic Financial Management


    ECON F357: Management Control Systems


    Econ F314: Industrial Economics


    ECON F435: Marketing Research


    ECON F434: International Business


    ECON F418: Quantitative Analysis of International Trade


    FIN F414: Financial Risk Analytics and Management


    BITS F314: Game Theory


    ECON F314: Behavioral Economics


    FIN F314: Investment Banking and Financial Services

    For Further Information Contact:
    Prof. Rishi Kumar
    Associate Professor and Head 
    Department of Economics and Finance
    Birla Institute of Technology & Science, Pilani, Hyderabad Campus
    Jawahar Nagar, Kapra Mandal, Medchal District - 500 078
    Telangana, India
    E-mail : 
    Phone: 040 – 66303699 (Office)
    Fax: +91 40 66303998