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- Online Business Economics Courses
Business economics is actually a field of economic theory that uses different methods, and theory for solving business problems, and decisions made. This also helps in reviewing the related to the economic system in the case of business operations. Aspirants who are planning to take up higher education may pursue either graduation or post graduation business economics courses. They may also take up post doctoral studies or research work after some years of experience in business economics.
What are Business Economics Courses?
Business economics is a subject that is high in demand when it comes to the job market, and is one of the most familiar management courses. There are different elements like labour, capital along with product markets that belong to the diverse organisational structures that are covered in business economics syllabus There are different business economics courses that cater to different economic issues related to the organisation, its strategies, and management. These business economics certificate courses offer the aspirants with in-depth knowledge of economic theories along with its application while making decisions for growth.
Who can learn Business Economics Courses?
Candidates who have the mindset of running an organisation, and want to learn from scratch the economics side of a business then they can be the ideal people for learning business economics courses. The students who want to analyse the economic pattern firm-level economic problems so that optimal decisions can be made.
Eligibility Criteria For Business Economics Courses
To pursue business economics syllabus at the postgraduate level, the candidates will be required to have at least a bachelor's degree under any discipline but with 50% marks from any reputed institution. For enrolment into doctoral courses, the students should have a masters degree like MBA or M. Phil under business studies. Moreover the marks secured should be around 55%. Also, the marks secured in entrance exams, and personal interview shall be considered for admission.
Explore Popular Certification Specialisations
Entrance Exams for Business Economics Courses Online
The different types of entrance exams related to business economics courses in India actually depend on the type of programme, and colleges that the aspirant may choose for taking admission. For bachelor’s degree courses the colleges may only consider students who have a certain percentage of marks. For the PG level programmes scores obtained in entrance exams like CAT, GMAT or MAT score may be taken into account. Most universities conduct doctoral courses and entrance exams for admission. Some of the entrance examinations are:
- Lady Shri Ram College for Women Entrance Exam
- Presidency University Entrance Exam
- Jai Hind College Entrance Exam
- Loyola College Entrance Exam
- Miranda House College Entrance Exam
- Christ University Entrance Exam
- Presidency College Entrance Exam
- Madras Christian College Entrance Exam
- Fergusson College Entrance Exam
- Hindu College Entrance Exam
- Hans Raj College Entrance Exam
- Jesus and Mary College Entrance Exam
- Ramjas College Entrance Exam
Skills Required For Business Economics Courses
Business economics means playing with calculations which includes numbers related to income calculation, balance sheet, tax calculations, forecasting, trend analysis, and more. So apart from mathematical aptitude, the candidates for business economics certificate courses should have some other desired skills like the following
- Problem-solving skills
- At ease with uncertainty
- Strong understanding of business environment
- Knowledge of social sciences
- Thinking ability
What You Will Learn in Business Economics Courses?
Business economics syllabus teaches the various economic issues that are related to a business organisation, also its management, and even its strategies. This business economics online course provides the aspirants with in-depth information on different economic theories with their application, that will actually address the process of decision making.
Popular Online Business Economics Courses and Certifications
Some of the institutes like Swayam Online offer mid-range business economics courses in India which are stated in the table below. There are millions of learners that shall be able to establish themselves. Below are some of the business economics courses with certificates offered:
Course | Offered By | Duration |
MBA Essentials at University of Stellenbosch Business School, Cape Town | 15 Weeks | |
Business, International Relations and the Political Economy at LSE | GetSmarter | 8 Weeks |
8 Weeks |
Career Opportunities After Business Economics Courses
Due to rapid globalisation, there are career opportunities which seem very high for business economics graduates. There are several employment opportunities that encompass business economics courses. Some of these careers that can be opted after online business economics courses are as follows:
- Financial advisor
- Operations manager
- Data Analyst
- Statistician
- Underwriter
- Financial Risk Analyst
- Health Services Manager
- Business Analyst
- Market Research Analyst
Salary Trends After Business Economics Courses
A variety of job opportunities shall open up as business economics graduates after completing business economics syllabus. Based on the levels of qualification, the salaries are offered. Usually the average salary ranges from Rs. 2 lakhs per annum to Rs. 15 lakhs per annum be it in a private or public sector. The salary may rise upto Rs. 52,00,000 per annum if a candidate goes abroad.
Job Profile | Approx Average Salary |
Statistician | Rs. 5 lakhs - Rs. 10 lakhs per annum |
Data Analyst | Rs. 6 lakhs - Rs. 8 lakhs per annum |
Research Analyst | Rs. 4 lakhs - Rs. 6 lakhs per annum |
Business Analyst | Rs. 7 lakhs - Rs. 8 lakhs per annum |
Operations Manager | Rs. 8 lakhs - Rs. 9 lakhs per annum |
Scope of Business Economics Courses
Both in developing, and developed countries, business economics is widespread, and so its scope. The opportunities are also on the rise due to globalisation and the world economy. There are different careers, and professions that can be pursued as economists and have a bright career ahead. The graduates after these courses should be able to correctly handle the internal or operational and external and environmental issues along with the financial issues.
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Top Recruiters
There are different types of job profiles that match up to the expectations which are top rated, and offer at the same time good salary packages, and some of these top recruiter include
- Asian Paints
- Airtel Ltd.
- Aviva Life Insurance
- HCL Infosystems Ltd
- ITC Ltd
- IDBI Ltd
- Indian Oil tanking
- ICICI Bank Ltd
- IOCL
- Jindal Mud Logging Co.
- Kotak Mahindra
- Finance Karvy Consultants Ltd.
- National Informatics Centre (NIC)
- North-Eastern Development Finance Corporation Ltd. (NEDFI)
- ONGC
- Reliance Telecom
- SBI
- Tata Motors
- Wipro BPO
- ASTEC
Business Economics Courses by Top Providers
Some of the best online certificate course in Business Economics are offered by top providers like the following stated below:
- Emeritus Business Economics Courses and Certifications
- Swayam Business Economics Courses and Certifications
- Udemy Business Economics Courses and Certifications
- Getsmarter Business Economics Courses and Certifications
FAQs:
Q. What is the salary that is offered to all the entry-level Business Economics Courses graduates?
Ans) The average salary can be around Rs. 3 lakhs as a starting package.
Q) Is a science background necessary for learning business economics courses?
Ans) Instead of a science background, an accounts background will be essential.
Q) How much can a business analyst make after qualifying a business economics course?
Ans) A business analyst after business economics degree course can earn around Rs.5-6 lakhs per annum.
Q) What is the average fee needed for a business economics course?
Ans) The average fee should be around Rs. 30 lakhs for different business economics courses but the certificate ones may cost lesser.
Q) Who usually hires students from business economics certification courses?
Ans) Banks, Consultancy service providers, Stock markets, and Corporate companies hire students after they have done business economics courses.
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