Master of Business Economics and Finance degree course is a two year long course which will help the students to have a professional qualification in Economics and Finance. This course is indented to provide a solid base in the concerned field. The course will make it much easier to acquire leadership and managerial role in both the Finance sectors and also in the Economic sector.

The Master of Business Economics and Finance has been intended to meet up with the present requirement from a business or economics degree fresher. The candidates will be able to gain an in-depth knowledge in this field of study. This course is also suitable for graduate from any other degree looking for a comprehensive adaptation to the fields of economics and finance.

Business Economics and Finance program will also help the candidates to improve on their decision-making capability and the knowledge on the role of markets in the distribution of financial resources. The program looks into both theoretical and practical concepts in the related areas. Few of the areas includes: -

• Corporate Finance
• Investments
• Speculative Financial Markets
• Real Estate
• Insurance
• Banking
• Industrial Organization
• Public Policy towards Business Etc.

The MBEF program facilitates the students to specialize in two different areas. This includes Finance specialization and economics specialization. The students who are taking up finance have an option to carry on with further professional studies for a Chartered Financial Analyst qualification.

In the mean while, the candidates who have taken Economics as there specialization will have sufficient training in various theoretical and practical facets of modern economics and econometrics. The main aim of the course is to provide and enhance the basic understanding and the proper application of economic theories.

Advantages or Benefits of Master of Business Economics and Finance

Master of Business Economics and Finance program aims to educate student in different areas of finance especially investment analysis, corporate finance. All these will benefit the students to optimize capital structure of a company. The program is anticipated to give professional training to students who aspire to pursue careers in the Government or somewhere else in the private sector. The Master of Business Economics and Finance course will be appropriate for those who look to build a career in India and abroad.

Eligibility Criteria for MBEF

The candidates who wish to join the Master of Business Economics and Finance must at least have an upper second class honors degree, or equivalent. The basic eligibility criterion for pursuing Master of Business Economics and Finance is a graduation degree. Students who have a degree in the following subject:-

• Accountancy
• Economics
• Business/Management Studies

Some of the top universities which offer this course demand a minimum of 45 to 50 % marks in the degree level in order to provide admission to the course. Few of these colleges also carry out entrance examination for admitting students to the course.

Top MBEF College in India

• Bundelkhand University
• MBEF course curriculum
• Asset Management
• Commercial and
• Financial Statements
• Investment Banking
• Investment Management
• Mathematics
• Quantitative Methodsin Finance
• Risk Management for Banking
• Statistics

MBEF Course Evaluation

The Master of Business Economics and Finance course is evaluated through various assessment methods like course work, written exam, seminars, assignments, dissertations and projects.

Area of Specialization

• Finance
• Economics

MBEF Reference Books

• Bank Financial Management Indian Institute of banking & Finance
• Banking Law and Practice by P. N. Varshney
• Banking Law and Practices in India by Tannan
• Banking- Theory, Law and Practice by Gordon & Natarajan
• Banks and Institutional Management by Vasant Desai
• Bonds and Money Markets
• Commercial Banking by Indian Institution of Bankers volume I, II and III
• Commercial Banking, Vol. II, Indian Institute of Bankers, Mumbai.
• Environment and Management of Financial Services by O. P. Agarwal
• Foreign Trade and Foreign Exchange by B. K. Chaudhari & O. P. Agarwal
• Hand Book on Lending to Agriculture by D. P. Sarada
• Indian Financial System by H.R.Machiraju
• Law and Practice of Banking by P. N. Varshney and Gopal Swaroop
• Practice and Law of Banking by B. S. Khubchandani Law and Practice of Banking by S. K. Davar
• Practice of Banking Advances by Bedi and Hardikar
• Practice of Law of Banking by H. R. Suneja
• RBI, IBA and NABARD Journals
• Regulatory Requirements under FEMA- Foreign Exchange Dealer’s Association
• Report of committee on Customer Service by Indian Banks Association (Goiporia Committee)
• Report of the Committee on Financial Sector Reforms (Narsimham Committee I & II)
• Report of the Committee on working of Monetary System in India (Chakravarty committee)
• Risk Management by Dr. G. Kotreshwar

What to do after MBEF?

Master of Business Economics and Finance degree also serve as a starting point for further higher studies and research in this field such as Ph.D. and M.Phil degree in Business Economics and Finance. On successful completion of PG degree in Business Economics and Finance, a student can apply for the UGC-NET or JRF exam. Those who have successfully passed in the exam can enter in to teaching career or even go for research.

Students who pass out successfully can have a lucrative career in a range of organizations including financial and educational institutions, the civil service and other business entities.

Job and Career options for MBEF

The job opportunities available for students who have completed Master of Business Economics and Finance degree are vast in nature. They can easily get jobs with business entities, co-operative and Regional rural Banks and other financial institutions. At present a positive demand is there for students who have exceptional know how in the Business Economics and Finance. Some of the careers available includes:-

• Administrative Officer (AO)
• Asset Manager
• Assistant Administrative Officer (AAO)
• Assistant Controller
• Business Analyst
• Cashier/Teller
• Corporate Analyst
• Credit and Risk Manager
• Customer Service Representative
• Development Officer
• Equity Research Analyst
• Finance Manager
• Financial Analysts
• Internal Auditor
• Investment Analyst
• Investment Banker
• Loan Counselor
• Loan Officer
• Loss Control Specialist
• Market Analyst
• Marketing and Sales Executive
• Marketing Manager
• Money Manager
• Operations Manager
• Personal Financial Advisor
• Recovery Agent
• Risk Analyst
• Sales Manager
• Sales Officer
• Sales Representative
• Securities Analyst
• Stock Analyst
• Treasurer

Employment Areas:

• Automobile Industry
• Aviation Industry
• Banks
• Business Schools
• Charity Associations
• Consultancies
• Credit Companies
• Economic Consulting Jobs
• Educational Institutes
• Health Departments
• Indian Civil Services
• Indian Economic Services
• Insurance Industry
• Investments
• Mortgage Companies
• Property Developers
• Research Agencies
• Research Associates with Economic Consulting Firms
• Savings and Loan Associations

Remuneration after MBEF

Master of Business Economics and Finance degree holders after the successful completion of their course can get a lucrative pay package. A fresher can easily receive a starting salary close to Rs, 15.000/- or even higher according to his capability. As the experience and skills develop they will automatically become eligible for higher salary packages. e