Revised M.A. Structure -2022-2023

Master of Arts (M.A.)

• M.A. Economics
• M.A. Economics with Business Analytics

The College has been offering M.A. Economics from the academic year 2016-17.

The basic objective of our Masters Programme in Economics is to train students to develop strong theoretical foundations with a blend of practical analytics. An M.A. in Economics would assist in developing professionals and experts who would be able to apply economic reasoning to real world issues. It would also expose the students to the complexities, dynamics and challenges of the current global economic scenario. The course aims to equip students with skills for economic analysis and decision making. An emphasis on data analysis and interpretation through the course would also encourage critical thinking and logical reasoning. The course would provide a learning platform for students who wish to pursue a career in national and international organizations, industry, education, public administration and NGO’s.

In addition to M.A. in Economics, Symbiosis College of Arts and Commerce is offering a new specialisation i.e. M.A. in Economics with Business Analytics from the Academic Year 2022-23 to equip the students to cope up with the challenges posed by Industry 4.0. This programme is in association with the Institute of Analytics (IoA). The IoA is a professional body for Analytics and Data Science professionals in the UK.

Business analytics as a specialisation aims to introduce students to big data and immerse them in analytics for business applications. Students who study this program are expected to have developed skills to describe and predict business situations and make informed business decisions based on data.

Though the need for manpower with business analytics skills has been increasing at an exponential rate, the supply is low as of now. In an increasingly competitive and interconnected world, companies prefer candidates with the ability not just to crunch numbers but also to understand the data and use it for making strategic decisions to leverage performance as also to deal with fast paced changing business scenarios. Therefore, the employment opportunities for students who possess these skills are immense.

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M.A. Economics & M.A. Economics (Business Analytics)

Eligibility

The student who has passed any degree of this University or any other recognized University shall be admitted to M.A. in Economics programme.

However, the minimum academic requirement for admissions in M.A. in Economics (Business Analytics) is 12th std. or under graduation with Mathematics as a subject.

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Procedure for seeking admission

• The number of seats will be 60 inclusive of both the specialisations (excluding NRI & Foreign quota)
• Admission will be made on the basis of merit. Merit lists will be drawn in accordance with the provisions of Admission Policy of the college.
• The Programme will commence subject to the minimum enrolment of students.

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Exit Rules

Once admitted, student cannot leave the programme in between

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Faculty

The courses will be taught by the faculty of the Department of Economics and Department of Banking and Finance along with the Guest Faculty who fulfils the norms of the UGC Regulations on Minimum Qualifications for the Teachers 2010 and other rules prescribed by UGC and SPPU from time to time in this regard.

In case of special circumstances, the professionals and experts will be invited whenever required.

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Programme details

The M. A. Economics and M.A. Economics (Business Analytics) will be of Two years’ duration consisting of Two parts. i.e. Part I comprising of two semesters and Part II comprising of Two Semesters. The entire programme thus comprises of Four Semesters in all with a total of 80 credits.

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Structure of the Programme

Part	Year	SEMESTER	SEMESTER
Part- I	First year	Semester – I	Semester – II
Part- II	Second year	Semester – III	Semester – IV

Course Credit Scheme Semester Wise:

M.A. Part I Semester 1
Core	3	4	3*4	12
(Interdisciplinary)	1	4	1*4	4
Discipline Specific Subject	1	4	1*4	4
				20

M.A.  Part I Semester 2
Core	3	4	3*4	12
(Interdisciplinary)	1	4	1*4	4
Discipline Specific Subject	1	4	1*4	4
				20

M.A.  Part II Semester 3
Core	2	4	2*4	8
Research	1	4	1*4	4
(Interdisciplinary)	1	4	1*4	4
Discipline Specific Subject	1	4	1*4	4
				20

M.A.  Part II Semester 4
Core	2	4	2*4	8
Research	1	4	1*4	4
Master Thesis (Research)	1	4	1*4	4
Discipline Specific Subject	1	4	1*4	4
				20

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M.A. ECONOMICS
Semester wise list of Courses	SEMESTER I	SEMESTER II	SEMESTER-III	SEMESTER IV
Core 1	Applied Microeconomics	Applied Macroeconomics	Dynamics of Economic Growth and Development	Rationale for Public Finance and Policies
Core  2	Mathematical Methods for Economic Analysis	Computer Applications & Statistical Methods for Economic Analysis	Applied Econometrics	Global Political Economy: Implications on Trade and Policies
Core 3	Transformation of India as a Global Economic Power	Behavioural and Experiential Economics	-	-
Interdisciplinary	Human Rights: The Tussle between Practice and Theory	The Demon Haunted World- Understanding Science	Clipped Wings Yet Soaring High: Censorshi   Creativity	-
Research Component III	-	-	Research Methodology in Humanities	E- Learning & Application of Software Training Tools for Research
Research Component	-	-	-	Master Thesis
Discipline Specific Subject	Economics of Health and Education	Climate Change and Environmental Challenges OR Agriculture Economics	Industrial Economics OR Changing Paradigms in the World of Finance	Economics of Population Dynamics

M.A. ECONOMICS (BUSINESS ANALYTICS)
Semester wise list of Courses	SEMESTER I	SEMESTER II	SEMESTER-III	SEMESTER IV
Core 1	Applied Microeconomics	Applied Macroeconomics	Dynamics of Economic Growth and Development	Rationale for Public Finance and Policies
Core  2	Mathematical Methods for Economic Analysis	Computer Applications & Statistical Methods for Economic Analysis	Applied Econometrics	Global Political Economy: Implications on Trade and Policies
Core 3	Transformation of India as a Global Economic Power	Behavioural and Experiential Economics	-	-
Interdisciplinary	Human Rights: The Tussle between Practice and Theory	The Demon Haunted World- Understanding Science	Clipped Wings Yet Soaring High: Censorship & Creativity	-
Research Component III	-	-	Research Methodology in Humanities	E- Learning & Application of Software Training Tools for Research
Research Component width="133"	-	-	-	Master Thesis
Discipline Specific Subject	Excel and Data Visualization with Tableau and Power BI	R Programming and Python	Machine Learning & Artificial Intelligence	Big Data

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The students will study 1 paper per Semester i.e total 4 papers related to Business Analytics along with the other papers with Economics specialisation.

• The student will get the added advantage of combining M.A. in Economics with Business Analytics.
• Business Analytics would add value and help the student to differentiate.
• This program gives the students a chance to have a career with a global appeal.
• Business Analytics will make students credible enough to stand out in the arena of analytics and showcase them as someone capable to work as a Business Analyst.

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Credits, Examination and Evaluation Scheme:

• The total credits of the Programme will be 80 credits.
• Each course will carry 4 credits,
• Each course will be of 100 marks.
• There will be 40-60 pattern of evaluation:
• The students will have to undergo continuous assessment and therefore will be evaluated as follows:
  • 40 marks will be for internal evaluation consisting of mid semester projects and assignments.
  • 20 Marks Mid Semester MCQ Exam out of 40 Internal marks.
  • 60 marks will be allotted for external evaluation i.e. Final Semester End Examination.

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Master Thesis:

Master Thesis is compulsory for all the students of M.A. Economics and M.A. Economics with Business Analytics. Students will be required to write their Master Thesis based on the research area selected by the student under the guidance of the Guide/ Faculty. The viva -Voce will be conducted at the end of 4th Semester before the final Examination. There will be an Internal and External Examiner appointed by the college.

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Internship:

All the students of M.A. Economics and M.A. Economics with Business Analytics should complete an internship of minimum of 2 months’ duration with an Academic (Research) Institute/NGO/firm during the summer vacation before joining the program in the third Semester.

Evaluation Pattern: Students will have to submit the following reports:

1. Weekly reports of the Internship carried out- 10 Marks
2. Final Report- 20 Marks
3. Presentation and Viva- Voce- 20 Marks

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