Department of Economics & Finance

Department of Economics & Finance

The Economics and Finance department at BITS Pilani, Hyderabad campus offers various academic programmes and research-focused courses in economics, finance and management, emphasizing a strong conceptual foundation to promote the application of knowledge to real-world issues. Since its inception in 2008, it is committed to adopting the best pedagogical methods to train future leaders and researchers. Our students and research scholars excelled in both academics and industry. We provide opportunities for our research scholars to engage in interdisciplinary projects and acquire industry-relevant skills. Our faculty, recognized in their fields, hail from prestigious institutions like IITs, IIMs, IGIDR, ISI, ISEC, UoH and JNU. The department has secured funding from notable national and international bodies such as ICSSR, NHRC, IIBF, SANDEE, Shastri-Indo Canadian Institute, ERIA and ADB. Faculty expertise spans Development Economics, International Economics, Behavioral Economics, Regional Economics, Money and Banking, Financial Economics and Management, among other areas.

Our Vision
and Mission

Vision: The department is committed to providing exceptional training in economics, finance, and management, focusing on strong conceptual foundations and real-world application, while preparing students for success in various sectors and promoting a research-driven environment for faculty, scholars and students.


Mission: 1. The department is committed to employing the best pedagogical methods to train future leaders and researchers in economics, finance and management.
2. We strive to inspire innovative thinking among our students, equipping them to contribute effectively to addressing the pressing issues and challenges facing both the nation and the world.

Programmes Offered

Research

High-quality research with numerous funded projects and a repertoire of highly talented and motivated research scholars (Ph.D students/project staff) provides the department with a vibrant research environment. The faculty have high-quality publications and patents to their credit. The Department of Biological Sciences is a recipient of the FIST (Fund for Improvement of S&T Infrastructure) grant from the Department of Science and Technology, Govt of India, for the development of research and teaching infrastructure.

Scholars

Mou Jana

Ph.D. Supervisor - Prof. Swati Alok,

Co. Supervisor - Ph.D. Status - Ongoing

Venkata Sai Bhanu Sachin Amirapu

Ph.D. Supervisor - Prof. Nivedita Sinha, Prof. Aruna Malapati

Co. Supervisor - Ph.D. Status - Ongoing

G Srineha

Ph.D. Topic - Investment Banking Research in Understanding Market Volatility

Ph.D. Supervisor - Prof. Thota Nagaraju

Co. Supervisor - Ph.D. Status - Ongoing

Start Your Journey

Explore important dates, eligibility criteria, and
application details for BITSAT.

Campus
Division/Department
Departments

MSC Economics

M.Sc.

Economics



Offered at: Pilani, Goa, Hyderabad Campus

Decode the Dynamics of Markets and Decision-Making


The M.Sc. Economics programme at BITS Pilani blends analytical precision and a strong grounding in economic principles. It equips students with the skills in quantitative and conceptual analysis required to evaluate markets, policies, and global economic issues. Students develop skills in applying data-driven reasoning to solve complex problems through courses in economic theory, statistics and econometrics. The programme helps students think independently, do research and analyse policies. It prepares graduates to work in finance, business and development. The demanding coursework attracts curious students who want to understand and impact the economy that affects society.


Design a Degree That Works for You


At BITS Pilani, your academic path is not Linear. It allow you to customise your learning path
according to your aspirations, goals and interest

The structure of degree programmes and academic regulations also provides certain other flexibilities like choice of electives, number of electives, repetition of courses, departure from normal pace, withdrawal from or substitution of course(s), etc.

Students interested in exploring courses beyond the scope of their curriculum can opt to audit them. This option is for casual learners who are not enrolled in a degree programme.Courses such as Foreign Languages and Music are offered in addition to the core degree programmes. Students may take these courses on an audit basis, subject to the payment of additional fees.

High-performing students may transfer to:


Higher Degree or Ph.D. programmes


Between Ph.D. and Higher Degree levels (based on academic standing). This flexibility supports seamless progression for research-driven students.

One of the most popular flexibilities offered by our educational structure is the dual degree scheme, under which students concurrently work towards completing two integrated first degrees within a reasonable timeframe. All students admitted to Group B programmes are also eligible to work under this scheme for one of the Group A programmes. Assignments to programmes are made based on individual performance during the first year.


In the assignment of dual degrees, first priority is given to students in Group B seeking a second degree under this scheme from among the programmes in Group A. After fully satisfying the known needs of the first priority, a second operation is done to consider the other priority, namely, students in any group seeking a second degree from amongst the programmes in another group. While it would be academically and procedurally acceptable for a student admitted to Group A or B programmes to seek a second degree in Group C in the dual degree scheme, the reverse process is not normally possible. However, a student admitted to Group C will be eligible to compete for a dual degree in any degree in Group C, or any degree in Group B or MMS, but only in Group A.

Practice School
The Original Experiential Learning Model


The Practice School Programme is a hallmark of BITS Pilani’s experiential learning approach. It provides students with an opportunity to practice what they have learnt in global organisations under the supervision of a mentor. Students work on cutting-edge technologies and have the option to practice in their discipline of study or cross-disciplinary areas. In addition to providing students with an opportunity to play roles that require multifunctional skills, this flagship programme also offers many students the chance to secure a PPO.

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Practice School-I

Practice School I is an eight-week course conducted during the summer term after the second year of study. Students are stationed in an organisation during this programme, and after a comprehensive orientation, students largely learn through observation and work on group projects, under the guidance and mentorship of industry experts and a faculty member from BITS. This not only serves as a first exposure for students to the corporate world but also helps nurture their personality traits, communication, and presentation skills.

Practice School-II

Practice School-II offered in the final year of study is a TWENTY-TWO-week full-time program. First-degree students in their final year of study can register for this program either during the first semester or the second semester, and Dual-Degree students can register for a double-semester PS-II program. For higher degree students, the course is titled Practice School, and such students can register for it in their final semester of study.

Practice School Process

Practice School I is an eight-week course conducted during the summer term after the second year of study. Students are stationed in an organisation during this programme, and after a comprehensive orientation, students largely learn through observation and work on group projects, under the guidance and mentorship of industry experts and a faculty member from BITS. This not only serves as a first exposure for students to the corporate world but also helps nurture their personality traits, communication, and presentation skills.

Program Structure

Focus: Basics of science, engineering, and mathematics

  • Biology Laboratory
  • General Biology
  • Chemistry Laboratory
  • General Chemistry
  • Mathematics I
  • Physics Laboratory
  • Mechanics, Oscillations and Waves
  • Engineering Graphics
  • Mathematics II
  • Workshop Practice
  • Computer Programming
  • Electrical Sciences
  • Technical Report Writing
  • Probability and Statistics
  • Thermodynamics

Focus: Strengthening fundamentals in economics, management, and mathematical methods

  • Mathematics III
  • Principles of Economics
  • Principles of Management
  • Fundamentals of Finance & Accounts
  • Mathematical & Statistical Methods
  • Economic Environment of Business
  • Environmental Studies
  • Econometric Methods
  • Microeconomics
  • Macroeconomics
  • Economics of Growth & Development
  • Open/Humanities Electives

Focus: Specialised electives, analytical tools, and in-depth economic theory

  • International Economics
  • Money, Banking & Financial Markets
  • Issues in Economic Development
  • Public Finance Theory & Policy
  • Applied Econometrics
  • Economic Analysis of Public Policy
  • Discipline Electives
  • Open/Humanities Electives

Focus: Integrating research, electives, and practical exposure

  • Open Electives
  • Discipline Electives
  • Practice School II
  • Thesis or Thesis (9) and Electives (6–9)

Faculty at the Forefront of Economic Thought

Aditya Sharma


Assistant Professor,

Department of Economics and Finance, BITS Pilani, Pilani Campus

Aprajita Pandey


Assistant Professor,

Department of Economics and Finance, BITS Pilani, Pilani Campus

Arfat Ahmad Sofi


Assistant Professor,

BITS Pilani, Goa Campus

Admissions: Everything You Need to Know


Students Work hand-on in specialised ,fully equipped facilities.

Admission Process

Eligibility Criteria

Fees & Refund Policy

Scholarship

Education Loan

Important Dates

You Asked.
We Answered.

The Integrated M.Sc. Economics at BITS Pilani is a 4-year program, comprising 8 semesters.

Eligibility for M.Sc. Economics requires a bachelor’s degree in Economics or related fields like Mathematics or Statistics with a minimum 50–55% marks, plus qualifying the BITSAT exam.

The M.Sc. in Economics at BITS Pilani is an integrated degree that provides a solid conceptual and practical foundation in distinct subjects.

The M.Sc. Economics is offered across Pilani, K. K. Birla Goa and Hyderabad campuses of BITS Pilani.

Yes, BITS Pilani’s Practice School provides PS-I (~8 weeks after the second year) and PS-II (~5½–6 months in the final year) with top companies that help you gain industry experience.

BITS Pilani has an impressive 90% placement record. M.Sc. Economics students benefit from the institute’s strong recruiter network, securing roles in leading companies

You will study microeconomics, macroeconomics, econometrics, international economics, money & banking, quantitative methods and many more.

You can apply for M.Sc. Economics at BITS Pilani through the BITS official Admission portal -https://www.bitsadmission.com. Admission is based on your performance in BITSAT, meeting the eligibility criteria and final document verification.

Yes, eligible students in the Integrated M.Sc. stream at BITS Pilani can apply for a Dual Degree like an M.Sc. + B.E. as per the university policy.

As M.Sc. Economics graduate, you can pursue a career as Economist, Financial Analyst, Data Analyst, Actuary, Policy Analyst or Economic Researcher.

Program Type
Content Type
Degree