- ABOUT MASTERS OF ARTS IN ECONOMICS (M.A. ECONOMICS)
A Master of Economics degree is geared towards enabling students who already have a solid base of economics-based knowledge to learn how to apply these economic principles to real-life situations. As most economics graduates would tell you, a Master in Economics allows you to hone in on your analytical skills, to utilize your expertise to come up with innovative solutions to a diverse range of problems, and to learn how to master various econometric techniques and software. Given the broad scope of scenarios in which such a skills-set can apply to, a Master of Economics degree is rapidly becoming a popular choice for those pursuing graduate studies, alongside courses such as Finance, Accounting, and Management.
- PROGRAMME OBJECTIVES
The Master's program in the School of Economics offers a balancebetween theories of microeconomic, macroeconomic, and econometrics alongside their scientific applications. There exists an opportunity to avail live experiential learningin the form of internships and also focusing on research undertaking pertaining to economic policy issues with access to empirical data. Developing core competencies on critical thinking skills, hypothesizing and solving problems, data acquisition skills, data analysis techniques, the application of economic theory to analyze economic data, writing and reporting skills, and competency in the use of computer software. With active placement cell there will be scope for creating job opportunitiesin a wide variety of fields which include professional careers in business, banking, financial services, federal, state and local government, consulting, and not-for-profit organizations.
At Birla Global University, we aim to design and conduct our Master's program in economics with a solid foundation for pursuing higher education like a Ph.D. degree in economicsor further graduate studies in related fields such as management, business and law.
- MINIMUM ELIGIBILITY & SELECTION CRITERIA
A. Minimum Eligibility
A. Any graduate with 50% marks from any recognized university having Economics as a subject in graduation level shall be eligible to apply for admission. Candidates appearing for their final year graduation examination must submit their mark sheet immediately on the receipt of the same.
B. Selection Criteria
Students would be admitted to the programme on the basis of merit (Percentage of marks secured in 10th, 12th and Graduation) and also their performance in the Personal Interview.
- SPECIAL FEATURES OF THE PROGRAM
Each subject course offered in the Masters programme in Economics has a unique blend of historical economic thought and modern tools for analysis. For example, in case of a specialization subject 'Energy Economics and Sustainable Development' the special issue and relevance is outlined in the following passage: Energy in many forms have critical measures for economic development equipped with security, mobility, electricity, technology and many more. Among four factors of production i.e. land, labor, capital and organization, energy undoubtedly surfaces as the fifth factor admitting natural resources which offer the renewables. 'Although useful energy is scarce and, hence, is not free, it is hard to imagine truly running out of energy (E) any time soon, as it is all about us. Energy, as Einstein's famous equation (E = mc2) points out, is strongly tied to another fundamental concept in the universe, mass (m).'- Carol A. Dahl (International Energy Markets). An energy market is essentially pricing and distribution of energy in an economy or worldwide. Today like the stock markets, energy markets offer area-wise bids to purchase and sell in secondary market platforms like energy exchanges, renewable energy certificates, climate bonds etc. innovations in terms of product upgradation, new service facilities, technological advancement and new creation adds to the scope and utility of energy. 'The student is expected to discover the significance of energy economics. Apart from coursework curriculum, there is an inclusive short term project for blending conceptual cognition into practical experience of the student.'
- Observation and inquiry about value and valuation of energy consumption
- Price volatility impediments to energy security
- Methodological Economic Models in production, consumption and trade of energy
- Role of innovation in Electricity Mix (Energy efficiency and Energy dependence)
- Framework of energy market in India particularly in Odisha
- Graphical explanation on Market Coupling and Day Ahead Market Prices
- FACILITIES FOR LEARNING
We offer access to large research repository, library books, e-books, journal data base, magazines and software. Hostel life is equally exciting with provisions for a fully equipped campus life with most amenities. We also schedule visiting lecture modules and corporate talk to facilitate the overall learning experience and make it a highly engaging effort.
- GUIDELINES FOR MA ECONOMICS
(a) Pattern of Assessment- S e m e s t e r .
(b) Components of Assessment like Presentation / Seminar / Mid. Sem. / End Semester.
30:70 assessments for internal and end-term examination evaluation
(c) Marks of the components of Examination.
â—‰ Internal Assessment
(30 Marks) 10 Marks Seminar
10 Marks Quiz Test/Research Write Up
10 Marks Project/Lab based/Assignment
â—‰ End Term Assessment (70 Marks)
(d) Grading (Absolute / Relative).
(e) Time of Examination of Each component.
As notified by the Controller of Examination BGU
(f) No. of days after which examination result is to be published.
As notified by the Controller of Examination BGU
(g) Duration of course.
â—‰ 2-year full time P r o g r a m (Maximum 4 years of time allowed for completion)
(h) Condition for enrolment to the examination and manner of enrolment.
â—‰ 1st semester enrollment is compulsory. Last date of admission will be adhered.
(i) Eligibility for Back / Repeat Examination.
â—‰ (Maximum time duration for completion of MA Economics is 4 years from the date of registration and 1st Semester enrollment is compulsory.)
[The Program structure and any matter regarding the program is subject to change in consultation and approval of the competent authority of the university]
- THE REGULATION
1. The Master of Arts (Economics), Under CBCS, is a two year full time degree programme. After successful completion of the course, MA (Economics) will be awarded to the successful students.
2. Span of the Course:- No student shall be allowed to appear any examination of MA (Economics) course after completion of 4 years from, the date of admission into the course.
3. Duration of the course:- the MA (Economics) course is of two years duration consisting of 4 semesters. The 1st & 3rd semesters (Odd Semesters) will commence from July to ber and the 2nd & 4th semesters (Even Semesters) will commence from January to June.
4. Number of Papers
SemesterNo. of PapersCreditMarks I525500 II525500 III525500 IV525500 Total201002000
5. Eligibility for AdmissionAny graduate with 50% marks from any recognized university having Economics as a subject in graduation level shall be eligible to apply for admission. However, the school of humanities and social science reserves the right to admit students on the basis of written examination and GDPI provided the applicant fulfills the above criteria.
6. Attendance:A student has to secure a minimum of 75% of attendance in each paper of a Semester to be permitted to sit for the Semester examination. In case a candidate is unable to acquire the stipulated attendance at the end of any Semester, he/she shall not be allowed to appear the end semester examination of that semester.
7. Classes:Each Course of 4 Credit shall be assigned 40 lecture classes.
8. Scheme of Examination and Evaluation:
a. Examination Components & Duration :Each Semester examination shall consist of a mid-semester examination and end-semester examination with weightage of 30% and 70% respectively. The mid-semester examination shall be of one/three hours durations and the end-semester examination shall be of three/six hours duration for non-practical/ practical subjects.
b. Back/RepeatA student has to clear back papers of odd/even semesters by appearing at subsequent odd/even semester examinations till the span period of the course. A candidate who appears back/repeat examination shall not be considered for award of Gold Medal.
c. Evaluation System: The semester system of examination will have internal system of valuation with a Board for Conducting Examiners to pass the result. The examiners will be decided by the Faculty Council of the respective School.
d. Publication of Results. The result will be published within one month from the date of last examination held.
e. Grading System:
Grade Mark Secured from 10 Points
GradeMark Secured from 100Points ' O '90 - <= 10010 ' A+ '80 - < 909 ' A '70 - < 808 ' B '60 - < 707 ' C '50 - < 606 ' P '40 - < 505 ' F 'Below 400 ' Ab 'Absent0
N.B. A Candidate has to secure 40% or above to pass in each of the Papers and 50% in aggregate to pass the examination. There shall be no provision for third class.
A transitory letter grade I shall be introduced for cases where the results are incomplete. This grade shall automatically be converted into appropriate grade(s) as and when the results are complete.
A student's level of competence shall be categorized by a GRADE POINT AVERAGE to be specified as:
SGPA - Semester Grade Point Average
CGPA - Cumulative Grade Point Average
(a) POINT - Integer equivalent of each letter grade
(b) CREDIT- Integer signifying the relative emphasis of individual course item(s) in a semester as indicated by the Course structure and syllabus.
In addition to the points, actual marks secured shall also be reflected in the Grade Sheet / Transcript.
The details of grading shall be printed on the back side of the University Mark Sheet.
9. Credit Transfer :There shall be a committee consisting of 3 experts from among the faculty of Schools to take appropriate decision on credit transfer in case of equivalent course.
10. Unfair means in Examination:Any unfair means adopted by any examinee in any examination conducted by the University shall be punishable as per rules of the University.
11. Application of Grace:The Board of Conducting Examiners is empowered to decide on the extent of application of grace subject to a maximum of 0.5% of the semester total for award of 'B' grade in a semester and 1% of the aggregate subject to 2 marks in a single paper.
- FEE STRUCTURE
Academic Fees for MA (Economics)
Rs.1,50,000 (Tuition Fees)
As per Admission
*Includes Medical Insurance: Rs.3000/-, Library Security: Rs7,500/- & General Security: Rs. 7,500/-
(Both Library & general security amounts are refundable on completion of Programme subject to clearance).
# includes Medical Insurance: Rs.3000/-.
Lodging & Boarding expenses (Subject to revision every year)
Double Occupancy (In Campus)
15th June 2020
15th Dec, 202
15th June ,2021
15th Dec, 2021
Lodging ( A/C Accommodation)
Double Occupancy (Off Campus)
15th June 2020
15th Dec 2020
15th June 2021
15th Dec 2021
Lodging ( A/C)
*Two separate Demand Drafts should be made for Lodging & Mess charges respectively as per any one of the options given in the above table.
1. Student should preserve this schedule for timely payment of fees to avoid penalty for late fee deposition.
2. No notice or reminder will be sent to student or his/her parents.
3. No separate letter will be issued for Bank Education Loan.
4. Demand Draft should be made in the name of "BIRLA GLOBAL UNIVERSITY"Payable at Bhubaneswar.
NAME OF THE ACCOUNT HOLDER - BIRLA GLOBAL UNIVERSITY
BANK NAME - UCO BANK
ACCOUNT NUMBER - 31090110011430
IFSC CODE - UCBA0003109
Scholarship Eligibility Criteria 10% waiver on course fee Must have secured Minimum 60% in 10th, 12th Board and Graduation Examinations
- PROGRAMME STRUCTURE
Year-I Semester-I COURSE CODENATURE OF COURSECOURSE NAMELECTURE(L)TUTORIAL(T)PRACTICAL(P)CREDIT ECO 101Core CourseMicro Economics-I4105 ECO 102Core CourseMacro Economics-I4105 ECO 103Core CourseQuantitative Methods4105 ECE 101Core ElectiveCore Elective-I5 Total Credit-20 Year-I Semester-II COURSE CODENATURE OF COURSECOURSE NAMELECTURE(L)TUTORIAL(T)PRACTICAL(P)CREDIT ECO 201Core CourseMicro Economics-II4105 ECO 202Core CourseMacro Economics-II4105 ECO203Core CoursePublic Economics4105 ECE 201Core ElectiveCore Elective-II4105 ECE 202Core ElectiveCore Elective-II4105 Total Credit-25 Year-I Summer Term COURSE CODENATURE OF COURSECOURSE NAMELECTURE(L)TUTORIAL(T)PRACTICAL(P)CREDIT EIP-201CompulsoryInternship Project1010 Year-II Semester-III COURSE CODENATURE OF COURSECOURSE NAMELECTURE(L)TUTORIAL(T)PRACTICAL(P)CREDIT ECO 301Core CourseInternational Economics4105 ECE 301Core CourseCore Elective-IV4105 EAE 301Allied ElectiveAllied Elective4105 ECHE 301Choice ElectiveChoice Elective-I4105 ECHE 302Choice ElectiveChoice Elective-I4105 Total Credit-25 Semester-IV EMT 401Core CourseMaster Thesis11010 ECE 401Core ElectiveCore Elective-IV4105 ECHE 401Choice ElectiveChoice Elective-III4105 ECHE 402Choice ElectiveChoice Elective-IV4105 Total Credit-25 Note: ECO- Economics, ECE- Economics Core Elective, EAE- Economics Allied Elective, ECHE-Economics Choice Elective, IPInternship Project, EMT-Economics Master Thesis
- LIST OF COURSES FOR CHOICE
SEMESTER - ICore Elective (EC 104)Lab Based Assignment and ProjectsEconomics of LawEconomics of Social Sector SEMESTER - IICore Elective (ECE 201 and ECE 202)Global Business EnvironmentSocial EntrepreneurshipIndian EconomyHealth Economics SEMESTER - IIICore Elective (ECE 301)Economics of Growth and Development--IIndustrial Economics--IMonetary Economics--IHistory of Economic Thought--IAllied Electives (EAE 301)Principle of ManagementFinancial Institutions and MarketsEconomic Analysis for Decision MakingManagement of Personal FinancesChoice Elective (ECHE 301 and ECHE 302)Environmental Economics-IAgricultural Economics-IMathematical Economics-IEconometrics-IEnergy Economics-I SEMESTER - IVCore Elective (ECE 401)Economics of Growth and Development-- IIIndustrial Economics--IIMonetary Economics--IIHistory of Economic Thought--IIChoice Elective (ECHE 401 and ECHE 402)Environmental Economics-IIAgricultural Economics-IIMathematical Economics-IIEconometrics-IIEnergy Economics-II