Economics, as a discipline, deals as a central point of understanding in a broad spectrum. This subject helps in the exploration of all aspects related to resource management in different areas, for example, consumer behavior, business enterprises, markets, government policies for growth and development, trade and international issues, globalization, health, development, and the environment. The BS degree in Business Economics is a challenging degree program, which emphasizes in the study of quantitative techniques along with economics. The course of study requires a more intensive background in math and statistics, reflecting the quantitative character of modern economics and the business world. This program provides the preparation for employment in technical and scientific areas like planning, decision making and banking.
The curriculum of BS Business Economics allows students to take electives that focus on various aspects of economics, such as growth, finance and monetary economics. Study areas available include microeconomics, macroeconomics, mathematical economics, econometrics, development economics, growth economics, financial markets, international markets & trade, along with the core subjects of the business management.
Aim of this four-year degree program of Business Economics is:
- To equip graduates with enough knowledge and skill for entering diverse field of jobs in government, banking, insurance or other financial sectors, private sector businesses, or even open their businesses.
- To enable the students to pursue their employment positions in actuarial science or more analytical fields by providing them a strong base of quantitative courses.
- To enable the students to become successful analysts, advisors, and economists in the public and private sectors.
Business Economics, as a subject, is very vast in knowledge and is one of those qualifications that offer various career opportunities that reflect strong demand for highly numerate graduates throughout the global labor market. Careers in this field are as diverse as the subject itself. It covers all fields of life starting from food and agriculture to business and banking. This degree enables the graduates to enter multiple industries as a professional economist, or as any other successful professional with an eye for economics like in teaching, research, finance, central and high street commercial banks, government departments, international organizations, industry; hence, any type of company or enterprise small or large. If someone wants to develop some specific analytical skills, depending on his area of interest, an economics degree will help in succeeding as actuarial analysts, financial risk analysts, investment analyst etc. A business economics degree boosts the chances of employability, by providing the skills of entrepreneurship and leadership.
Along with these fields, graduates of business economics can also open new doors with some extra qualifications in a vertical direction, as MPhil and PhD in Economics and Business, or horizontal direction, by getting some professional degrees like MBA, CA, ACCA, CIMA, ACMA and CFA.
The University welcomes applications from candidates who have successfully completed up to Grade 12 schooling. The most eligible qualifications and specific criteria for admissions are as follows:
- FSc (Pre-Engineering / Pre-Medical).
- Intermediate with Arts or General Science or Commerce.
- Advanced Levels (A' Levels).
- Minimum 45% or equivalent marks in intermediate or equivalent qualification.
- Any other equivalent grade 12 degree approved by the Ministry of Education.
