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In this changing world order and a globalised environment, Economics is emerging as a crucial 'science', the understanding of which is rooted in the Humanities, the application of which is based on Quantitative Methods and the impact of which is all pervasive whether it be International Relations and Politics, Finance, Management or Business. It is the recognition of these inter –linkages, which has led NMIMS, in its pioneering role, to set up the Sarla Anil Modi School of Economics and to introduce the innovative undergraduate B.Sc. (Economics) program.

The program, with its innovative pedagogy, contemporary curriculum incorporating the latest developments in Economics, along with the enhancement of soft skills and a blend of theory with practice, seeks to provide holistic education. The mission of our institution is to provide to the nation good quality, trained human resources who have analytical minds, are socially sensitive, and who can, through their knowledge, ability and endeavor, make meaningful contributions to the economy and society in which they live.

B.Sc. Economics

The innovative B.Sc. Economics program started in 2010 by the SVKM NMIMS’ Sarla Anil Modi School of Economics is a three-year full-time program with Electives in Economics, Finance and Business Management. This program has six semesters.

Program Objectives

The objectives of the unique B.Sc. Economics program of SAMSOE are to:

  • Impart Sound Knowledge–To give students a thorough understanding of Economic concepts and a comprehensive grounding in the analytical methods of Economics.
  • Develop Skills and Enhance Abilities–To develop skills in applying methods to a diverse range of problems, both microeconomic and macroeconomic. To be able to analyze and construct complex arguments and to communicate these arguments effectively. To teach students to think critically, read and write.
  • Encourage overall growth–To create an environment where students treat learning as a lifetime process. To adopt a more holistic approach to education with emphasis on development of soft skills, leadership training, personality development and value education. To stress on ethical and moral values in society and to awaken the participative civic spirit amone students.
  • Provide Practical and Contemporary Know-how-To have a system which will prepare students to face the challenges of a continuously evolving job market, by constantly renewing and evolving their knowledge and skills.

Unique Features

  • A Contemporary Curriculum With Subjects Like Behavioural Economics, Economics Of Infrastructure, Game Theory.
  • Innovative Pedagogy And Experiential Learning
  • Blend of Social Sciences.
  • Soft Skills Such As Leadership Training, Motivational Training Integrated In The Curriculum
  • Small Classroom Size Of 35-40 Students
  • Compulsory Summer Training Each Year.
  • Guest Lectures By Industry Experts And Eminent Persons From All Walks Of Life
  • Independent Studies As An Integral Part Of The Learning Process
  • Most Suitable For Students with IB / IGCSE / ISC / HSC / CBSE Backgrounds

The graduate level program is designed to challenge the mind, stimulate intellectual growth and make college life an exciting journey. The emphasis is on the overall development of the student, not only in academics, but also in co curricular activities. Students gain practical exposure through summer training, which provides an opportunity to develop Analytical, Quantitative, Written and Oral communication skills-that are valued by employers.

Thus the program not only lays the foundation for students to study further but also readies them for employment. It aids in inculcating values, to make the student a more responsible and socially aware citizen.


Students can specialize in the final year in Finance, Business or Economics.


  • Post graduation in Economics/ Management.
  • Careers in finance/industry/banks.
  • Market research institutions as market analysts.
  • Credit rating institutions as research analysts.
  • Media, particularly business media

Highlights of program

  • Compulsory summer training each year.
  • Guest Lectures by industry experts and eminent persons from all walks of life.
  • Independent studies as an integral part of the learning process.
  • Most suitable for students with IB / IGCSE / ISC / HSC / CBSE Backgrounds.


Semester I
  • Principles of Microeconomics
  • Principles of Macroeconomics
  • Introduction to Mathematical Economics
  • Development Experience of Major Economies of the World
  • Introductory Sociology
  • Logic
  • Effective Communication
  • Ecode - I
  • IT Skill - I
  • Tutorials for Mathematics
Semester II
  • Intermediate Microeconomics
  • Intermediate Macroeconomics
  • Introduction to Statistics
  • International Economics - I
  • Political Science
  • Law
  • Creative Writing
  • Ecode - II
  • IT Skill - II
  • Tutorials for Statistics
Semester III
  • Intermediate Mathematical Economics and Statistics
  • Money, Banking and Financial Institutions
  • International Economics - II
  • Theories of Growth and Development
  • Behavioral Psychology
  • Managerial Accounts
  • Research Methods
  • Research Writing
  • Banking Modules (Non credit)
  • Tutorials for Maths & Stats (Non Credit)
Semester IV
  • Econometrics - I
  • Public Finance and Policy
  • Financial Economics
  • Economics of Geopolitics and International Relations
  • English Literature
  • Analysis of Financial Statements
  • Motivational Training
  • Seminar
  • Leadership Training (Non credit)
Semester V
  • Advanced Microeconomics
  • Indian Economy - I
  • Econometrics - II
  • Game Theory
  • Option - I
  • Option - II
  • Research Paper - I
  • Soft Skills (Non Credit)
Electives in Economics Sem V
  • Option I - Development Economics
  • Option II - Economics of Environment and Sustainable Development
Electives in Business Sem V
  • Option I - Principles of Management
  • Option II - Marketing Management
Electives in Finance SemV
  • Option I - Corporate Finance
  • Option II - Capital Markets
Semester VI
  • Advanced Macroeconomics
  • Indian Economy - II
  • Advanced Econometrics
  • Industrial Economics
  • Behavioral Economics
  • Option - I
  • Option - II
  • Research Paper - II
  • Business Simulation (Non Credit)
Electives in Economics SemVI
  • Option I - Economic Governance and Policies
  • Option II - Operations Research
Electives in Business SemVI
  • Option I - International Business
  • Option II - Business Strategy
Electives in Finance SemVI
  • Option I - International Finance
  • Option II - Risk Management

Sarla Anil Modi School of Economics through its continuous initiatives has built a strong placement platform for its students. The Placement cell helps the students to get summer internships as well as final placements. The first batch of students graduated in 2013 and ever since Placement has been near 100%. In 2014-15 and 2015-16 our students have got placed at a highest salary package of 9 lakhs per annum. Students have been placed in companies such as Nomura Services Private Ltd., Barclays, Deloitte Shared services Private Ltd. etc. Compulsory summer internship for every student every year, continuous corporate interface through signing of MoU’s , programmes and workshops as well as guest lectures by industry experts have helped the students in the placement process.

Placement 2015 – 16

Students placed : 7

Maximum Salary offered : 9 lakhs

Placement 2014 – 15

Students placed : 6

Maximum Salary offered : 9 lakhs

Companies worked in:

  • Nomura Services India Pvt. Limited
  • Tresvista Financial
  • Edelweiss
  • Tata capital
  • Barclays
  • Deloitte, Mumbai


  • Geometry Global Encompass Network
  • Franchisee store of Godrej Home Interior
  • Skill Street

Alumni satisfaction is also an important measure of our quality. We now have over 100 alumni who have succeeded at attaining their degree at Sarla Anil Modi School of Economics, NMIMS and each year our most recent alumni tell us how satisfied they are with their academic experience, the skills they acquired and how both are helping them in the workplace and in places they have gone for further studies. We are connected with the Alumni through a portal ‘Alma Connect’.

Snapshot of Alumni: Higher Studies

In India:

  • Jawaharlal Nehru University
  • Madras School of Economics, Central University of Tamil Nadu
  • XLRI, Jamshedpur
  • JNU,Delhi
  • Centre for Development studies,Kerala
  • S.P. Jain Institute,Mumbai
  • Gokhale Instutute,Pune


  • University of Oxford
  • London School of Economics
  • Bayreuth University, Germany
  • Hertie University, Germany
  • University of Edinburgh, UK
  • Oeschger Center for Climate Change Research, University of Bern, Switzerland
  • Barcelona Graduate School of Economics (UPF)
  • university of Warwick,UK
  • London Business School
  • University College of London


Companies worked in:

  • Nomura Services India Pvt. Limited 
  • Tresvista Financial
  • Edelweiss
  • Tata capital
  • Barclays
  • Deloitte, Mumbai


  • Geometry Global Encompass Network
  • Franchisee store of Godrej Home Interior
  • Skill Street

Alumni Speak:

  • testimonial image 1
    While commencing the B. Sc. Economics program, I knew that I was up for a taxing journey; however, little did I know that it would be so enjoyable and fruitful at the same time. During the start of my first term here, it honestly felt like someone woke me up from my slumber. Over time, some of the modules not only helped me get an insight into Economics but also helped me really enhance my interest. A key part of this course is that it is much updated. To quote an example, we had a course module called, ‘Ecode’ which was completely dedicated to current economic affairs; something that is unheard of in Indian universities. In our final year, we had to choose an elective between Economics, Finance and Business; this forced us to think about which area we wanted to explore ahead that eventually helped a lot of us find our calling. Even the assignments given by our professors were very unique, some of the most interesting assignments that we’ve had involved analysing movies from a certain economic standpoint, analysing policies and its impact on various parties, finding out pure retaliatory trade barriers between countries and analysing corporate cases and critically solving their problems.

    Since we were a small group of students, there was also scope for everyone to take part in organising co-curricular activities, which helped us learn a lot about group dynamics and the world outside college. A combination of good course content, innovative teaching, close faculty interaction, co-curricular activities and a brilliant peer group makes the B. Sc. Economics program, a perfect fit for anyone wanting to explore the world of economics, finance, business or policy.

    Nisant Mohta, 2013-16 Batch
    Warwick Course name: M. Sc. International Business
    Scholarship name: Warwick Business School Scholarship
  • testimonial image 2
    We were the first batch of the school and I am proud to be part of Sarla Anil Modi School of Economics. The inter-disciplinary choice of courses, professional approach, attention to detail, practical application of theory, constant revision, and different learning methods, all equipped me with skills that helped pave the pathway to my career ahead. The school, especially the professors, made a constant effort and shared their knowledge, gave us timely feedback, engaged us in co-curricular and extra-curricular activities and encouraged us to explore our varying interests. I took a keen interest in development economics which led me to pursue my Masters in Public Policy at the Hertie School of Governance, Germany. The approach of the school is at par with international standards and that really helps me cope with my studies now.

    Adrita Bagchi | Year of graduation: 2013
    Senior Consultant, Nomura India

B.Sc. Economics

Programs Offered at Campus


B.Tech. | MBA (Tech.) | MBA (Pharma. Tech.) | B.Sc. Economics | B.Com. Hons. | B.Sc. Finance | BBA | B.Des


B.Sc. Economics | B.Sc. Finance | BBA