Pursue a B. Sc. (Research) in Economics to Get India Out of the Economic Crisis Caused by the COVID-19 Pandemic
Blog / August 30, 2024
Economics is the study of the use of scarce resources to fulfill human needs and how it affects the production of goods and services, the growth of production and the well-being of society over time, and many other important and complicated issues that affect the common people.
Economics as a subject has gained huge popularity over the years. Students from different backgrounds pursue various economics courses as their career options. But the question remains, what is the sudden need to study economics, especially in the past few years?
An example of the impact of powerful economists is how China lifted over 200 million people out of extreme poverty since the 1980s due to a revision of economic policies, improving the lives of nearly 2.6% of the world’s population. This makes it clear that the impact of economics is endless in a supportive policy environment.
Economics paves the way for measures that encourage prosperity and avoid inefficiency, making it a crucial tool for long-term growth. Even in our daily lives, decisions related to daily expenses, savings, and insurance are driven by the concepts of economics.
Economics courses such as B. A. Economics, B. A. (Honors) Economics, B. Sc. in Economics, B. A. Business Economics, etc., enable students to understand people, businesses, markets and governments, and better respond to any challenges that may occur due to different changes.
Economics students are well-off after their degrees due to different skills which enable them to succeed in various career options such as finance, risk management, foreign affairs, public administration, politics, policy analysis, entrepreneurship, market analysis, journalism, etc. Due to its multidisciplinary applications, economics has been a great choice for the ever-changing minds and world.
With the globalization and sophistication of the Indian economy, the demand for economists in government, business, and policy-making will rise. Therefore, India needs greater participation from those well-versed with economic principles for discussions in corporate offices and governmental organizations to improve economic growth. This opens many career paths for economics graduates, such as economists, financial risk analysts, data analysts, financial planners, economic researchers, financial consultants, investment analysts, etc.
Shiv Nadar Institution of Eminence (IoE) - Producing Highly Competent Economists for Future
Economics courses provided by Shiv Nadar Institution of Eminence (IoE) are designed for students to understand economics concepts thoroughly. Shiv Nadar IoE offers various courses in economics at undergraduate, master's, and doctoral levels for interested students. B. Sc. (Research) in Economics is one of the most pursued courses by students at SN IoE.
The admission process consists of various parameters for students to fulfill. B. Sc. (Research) in Economics eligibility criteria consists of evaluating class 12th results and student performance in Shiv Nadar IoE Scholastic Aptitude Test (SNUSAT) and Academic Proficiency Test (APT). Another requirement for students seeking B. Sc. (Research) in Economics is studying Math in class 12.
The faculty in Shiv Nadar IoE is handpicked from various reputable institutions in India and from around the world. There are various active researchers in the team, and many papers have been published in some top-tier economics journals. With such proficiency in economics, the faculty members can guide the students in the right direction and provide them with some excellent opportunities.
After the undergraduate program, Shiv Nadar IoE provides students with various options for jobs or internships. In addition, they can enrol in master's courses and further in Ph. D. programs.
Over the years, students have been placed in organizations like Axis Bank, Bank of America, CBRE, Dell, Deloitte, IIP, Nagarro, Trivitron, and McKinsey through the Career Development Center (CDC), Shiv Nadar IoE. Moreover, Shiv Nadar IoE students have successfully joined Ph. D. programs in eminent universities and institutes like IGIDR (Mumbai), Stony Brook University, Cornell University, and Deakin University, etc.
Dwell into the Rich World of Economics
With the rising interest of people in economics, there is a need to find the right choice of institutes that ensures students' proficiency in multiple skills. Shiv Nadar IoE works toward professional training and concrete groundwork to prepare students for basic societal functioning. To cater to the economy of India, one needs to take steps in the right direction.
One such step is taking a B. Sc. (Research) in Economics course at Shiv Nadar IoE. Enroll now, and contribute to the world's economy.