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Introduction

Business Economics understanding and analysis of the public finance occupies a great importance for India especially in agriculture, education, health, innovation, infrastructure, environment and energy, public finance and regulation, and governance and other areas. For a developing economy like India, where 65% of population is youth, it becomes imperative to take an initiative which will lead Indian economy to the next level. This initiative, under the umbrella of B.K. School of Professional and Management Studies, aims at encouraging an interdisciplinary approach that allows diverse theoretical and methodological perspectives to be brought in the field of public finance and Business Economics.

MISSION

  • To Impart knowledge and skills for building, administering and executing in the area of Business Economics and Public Finance

PROGRAMME OBJECTIVES (POs):

  • To cater latest developments in the field of economics and public finance
  • To promote research in the field of business economics and public finance and Management that can guide policy makers for effective planning and implementation.
  • To motivate students and practitioners for research to explore and gain insights into administrative processes;
  • To act as a platform for providing skilled human resources for policy making and administration.
  • To organize Special Assistance and Capacity Building programmes for civil servants and policy makers and implementers and those who are working in finance.

PROGRAMME LEARNING GOALS/ Outcomes (PLGs) /(LOs):

LG1: VALUE EDUCATION
LO1. Be able to identify and describe issues (challenges/opportunities/concerns) relating to Business Economics and Finance
LO2. Be able to analyze the impact of identified issues (related to public value and ethics) on stakeholders

LG2: GLOBAL MANAGEMENT
LO1. Be able to identify and describe global management issues related to policies, culture, cross border trade, competition, customer, suppliers, global markets, etc.
LO2. Be able to analyze impact of global management issues (as opposed to the domestic environment) and their impact on management decisions

LG3: LEADERSHIP ABILITY
LO1: Be able to identify and describe leadership related issues and challenges in a difficult situation in policy domain
LO2: Be able to analyze the importance of key leadership traits in order to address the identified leadership related issues and challenges in policy domain

LG4: PUBLIC POLICY FINANCE ANALYSIS
LO1. Be able to identify a public policy Finance problem, and assess different policy alternatives
LO2. Be able to make evidence based policy choice, and plan the implementation process

LG5: CITIZENSHIP
LO1. Be able to appreciate citizen's engagement for effective policy
LO2. Be able to make policy choices responsive to citizen's need, and suggest mechanisms for citizen's engagement in policy implementation
LO3. Be able to develop strategy for engaging with citizens in policy making

ABOUT THE COURSE

MBA in Business Economics and Public Finance, an initiative by Department of Public Policy and Governance under the umbrella of B.K. School of Professional and Management studies imparts knowledge of the concepts and principles of Economics, which govern the functioning of firms under different market conditions. It further aims at enhancing the understanding capabilities of students about economic principles and decision making by business and government. Students will be able to understand the mechanism of the concept of entire Public Finance and Fiscal policy, Budget etc.

This course is of great importance for students interested in learning Finance, market structure & competition, insurance & risk management, behavioral economics, public finance, National & international policies, business & development etc. This course is a must-have for students planning career in finance, consulting, public sector, industries with a high social impact factor, and anyone with a general interest in how economics and Finance interact with policy and politics. MBA in Business Economics and Public Finance gives training in applying big-picture thinking to universal business skills, making them eligible for a wide range of positions, including Pricing analyst, Global management, Financial analyst, Management consultant, Economic forecaster, Market research consultant, Entrepreneur or small business owner, All of these positions offer room for upward growth, allowing professionals to take on leadership roles such as supervisors, managers, and department heads.

RATIONALE OF THE COURSE

MBA in Business Economics and Public Finance is designed to emphasize self-learning and collective deliberation. Some of the key features of this Programme are:

  • Thrust on strategic thinking, global mind-set, sensitivity and innovation;
  • Experiential learning through outdoor activities
  • Interdisciplinary approach and learning
  • Leveraging of personal and collective experience through reflection and dialogue
  • Integration of global trends with local realities
  • In depth understanding and testing of ideas through an application oriented dissertation/policy paper

This is valuable for students seeking positions in which public policy Finance, Economics and management perspectives are pertinent, whether in the academic, government, or policy research sectors. Any students, research scholars, middle and senior level executives / professionals from the Government, Social and Infrastructural, CSR, Consulting, and other Service Sectors can enroll for the course.

SCOPE

MBA in Business Economics and Public Finance gives training in applying big-picture thinking to universal business skills, making them eligible for a wide range of positions, including:

  • Pricing analyst
  • Global management
  • Financial analyst
  • Management consultant
  • Economic forecaster
  • Market research consultant
  • Entrepreneur or small business owner

All of these positions offer room for upward growth, allowing professionals to take on leadership roles such as supervisors, managers, and department heads. You may also be able to develop niche expertise in one area, such as Education or Clean Energy.

WHY TO JOIN MBA IN BUSINESS ECONOMICS AND PUBLIC FINANCE AT BK?

MBA in Business Economics and Public Finance aims at strengthening the public policy and managerial skills of future leaders and professionals from the civil services and private sector.

  • Candidates from government and private sector interact, exchange and learn from one another.
  • It deepens policy making and decision making skills.
  • Helps develop leadership skills.
  • Helps specialize in a chosen public policy field.
  • Learn from comparative study of other countries.
  • National/ International immersion.
  • Electives across Programmes.
  • Career support for candidates.

Credits

The Institute uses the concept of credits to define the weightage of a course. Courses offer credits depending on the indicated workload. The Proposed Programme would be as per the credit rules of the master programme (Full time and Evening Programme) would be of 108 credits.

COURSE DELIVERY

Course delivery may use a combination of formats such as

  • Lectures
  • Classroom discussions
  • Case study analyses
  • Individual and group projects
  • Field work
  • Quizzes
  • Role plays
  • Dissertations, business games

CURRICULUM

The Participants will undergo courses in public policy and management along with electives in their chosen area of interest. The programme provides conceptual, technical and analytical skills in public policy making. This will help in appreciating forces shaping the domestic and international environment for public policy. It also enhances soft skills in leadership, decision making and communication. The participants will be undertaking a Comprehensive Policy Project also which will help them to specialize in the chosen area in public policy field. They will select a department or programme, and conduct an intensive study on a policy issues or management challenges pertaining to it, under the guidance of a faculty. This will be a key take away for both the participants.

Course Name
Business Economics & Public Finance

  • Course Type MBA (PG)
  • Intake -
  • Eligibility Criteria Class 12 Pass
  • Admission Process Online
  • Duration 3 yrs. BBA+2 Yrs. MBA
  • Course Commencement August

course fee 20,000/-