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Concept
Department of Business Economics
Summary
Founded in 1973, the University of Delhi's Department of Business Economics pioneered the Masters Program in Business Economics, MBA (Business Economics, patterned on a similar program conducted by Harvard Business School.
The flagship business program at this niche business school is its two-year full-time MBA in Business Economics. This niche business school further offers Marketing, Finance and Econometrics majors or specializations. New papers on Global Finance, Business Policy, Environment Economics and Resource Management and Economics of Services have been included as the syllabus was further revised in 2010 to include various other domains of business.
The department offers M Phil and Ph.D. programmes to which admissions are made in accordance with the rules of the University of Delhi.
The department introduced, with effect from 1995–96, an undergraduate Honours Course in Business Economics in selected colleges of the University of Delhi. An updated syllabus was implemented from the academic year 2003. Workshops are organised to strengthen the teaching.
The MBA in Business Economics (erstwhile MBE) is a two-year, full-time course offering a dual major or specialization to students. Students are given a grounding in fundamentals of micro and macro economics and quantitative techniques - business statistics. These are coupled with specializations in the fields of quantitative techniques/finance/marketing/human resources systems and operations/regional and transport economics/ and applied environmental economics.
Offerings by the department are industrial economics - teaching students to basics of structure-conduct-performance paradigm; basics of transfer pricing; M&As etc., Economics of services - study of growing importance of the service sector in modern economies across the world; detailed study of four major global services, Economics of environment and natural resources management - schooling students in contemporary practices such as carbon credits).
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