M.Phil. (Business Economics)

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Master of Philosophy in Business Economics

Duration

2 Years

Level

M.Phil

Type

Degree

Eligibility

Post Graduation

M.Phil. Business Economics or Master of Philosophy in Business Economics is a postgraduate Economics course. Business economics is a part of economic theory that focuses on business enterprises and inquires into the factors contributing to the diversity of organizational structures and to the relationships of firms with labor, capital and product markets. Business economics is concerned with economic issues and problems related to business organization, management, and strategy. It also deals with the topic microeconomics which is the study of the decisions of individuals, households, and businesses in specific markets, whereas macroeconomics is the study of the overall functioning of an economy such as basic economic growth, unemployment, or inflation. The duration of the course is two years and is beneficial in multiple forms.

M.Phil. Business Economics Eligibility

  • Aspiring students should have passed a Post-Graduate Degree in 55% the discipline concerned of any recognized University

M.Phil. Business Economics Syllabus

Syllabus of Business Economics as prescribed by various Universities and Colleges.

Sr. No.

Subjects of Study

 

(Compulsory Subjects)

1         

Research Methodology and Statistical Techniques

2         

Business Management

3         

Area of Specialization (One of the following options to be chosen)

 

(Optional Subjects)

1         

Research in Financial Management

2         

Research in Human Resource Management

3         

Research in Marketing Management

 

M.Phil. Business Economics Colleges

M.Phil. Business Economics Suitability

  • Candidates who want to know about economic issues and problems related to the business organizations are most appropriate for it. 
  • Those who have not studied economics for a few years and may need some revision of maths, statistics and/or microeconomics are suitable for it. 
  • Applicants those who want to acquire the skills and competence needed to apply economic principles to solve complex business problems also are suitable for it.

How is M.Phil. Business Economics Course Beneficial?

  • M.Phil. (Business Economics) degree with at least 50% marks makes a student eligible for the post of a lecturer in different colleges. 
  • This course is also beneficial for management students. The degree serves as a basis for further higher studies and research in this field such as Ph.D. 
  • The course provides the working knowledge of microeconomic principles, mathematics, and statistics.

M.Phil. Business Economics Employment Areas

  • Colleges & Universities
  • Marketing Companies
  • Banks
  • Financing Companies
  • Government Offices

M.Phil. Business Economics Job Types

  • Lecturer & Teacher
  • Business Economist
  • Marketing Area Manager
  • Business Development Manager
  • Economics Research Analyst
  • Business Studies & Economics Teacher
  • Cluster Business Manager