M.Sc. Financial Economics

• About the Program

  

  The MSc. in Financial Economics program has been designed a flagship program being offered by the Department of Economics under Birla School of Social Sciences and Humanities. The program is interdisciplinary by nature bringing the skills of financial analytics and economic concepts to prepare financial economist so as to cater the need of the current corporate world.

  Students are not just only offered with theoretical understanding, rather train to use the concepts for solving real life problems in banking and financial industry. The program includes quantitative financial data analytics, accounting and applied financial econometrics. The practical orientation of use of software for modeling and data visualization makes the students able to analyze and visualize the data for financial analysis.

  The courses under this program are offered by the senior faculty experienced in their respective field of specialization polled from different schools of the university. In addition to this, industry experts are invited for delivering special lecture and to conduct practical sessions.

• Program Highlights
  • Econometrics lab for hands on training with modern financial analytics software’s like Excel, Eviews, Stata, RStudio, Machine Learning, Python etc.
  • Practical stock market analysis with experts
  • Sessions with corporate trainers and expert talk
  • Outcome based teaching, Case study discussion, Group Discussion, Role play and live projects
  • Summer Internship opportunity in financial sectors
• Duration of Program

  MA/MSc. in Financial Economics is a two years full time program. The entire program is divided in to four semesters, two semsters in each years. The courses are distributed among four semesters. The first two semesters includes conceptual based courses and the second two semsters includes appliaction based courses.

• Program Objective
  • To enhance the knowledge and skills of the students in different functional areas of economy with special reference to financial market and to work effectively in economic & financial sector institutions.
  • To develop a positive attitude, interpersonal and leadership skills of the students through co-curricular and extracurricular activities.
  • To encourage students for innovative & entrepreneurial ventures.
  • To promote economic and financial sector research-oriented project work among students.
• Program Outcomes (POs)
  • PO1 Critical Thinking: Take informed actions after identifying the assumptions that frame our thinking and actions, checking out the degree to which these assumptions are accurate and valid, and looking at us ideas and decisions (intellectual, organizational, and personal) from different perspectives.
  • PO2 Effective Communication: Speak, read, write and listen clearly in person and through electronic media in English and in one Indian language, and make meaning of the world by connecting people, ideas, books, media and technology.
  • PO3 Social Interaction: Elicit views of others, mediate disagreements and help reach conclusions in group settings.
  • PO4 Effective Citizenship: Demonstrate empathetic social concern and equity centred national development, and the ability to act with an informed awareness of issues and participate in civic life through volunteering.
  • PO5 Ethics: Recognize different value systems including your own, understand the moral dimensions of your decisions, and accept responsibility for them.
  • PO6 Environment and Sustainability: Understand the issues of environmental contexts and sustainable development.
  • PO7 Self-directed and Life-long Learning: Acquire the ability to engage in independent and life-long learning in the broadest context socio-technological changes.
• Program Specific Outcome (PSOs)
  • PSO1 Understand the economic theory and practices
  • PSO2 Apply appropriate skills for solving economic and financial problems
  • PSO3 Analyze economic and financial data for decision making
  • PSO4 Evaluate and implement sustainable financial intervention
• Eligibility

  Graduate with 50 per cent mark in aggregate with statistics/ mathematics as a paper at the graduate level

• Industry Relevant Courses Like
  • Applied Financial Econometrics
  • Behavioral Finance & Financial Engineering
  • Excel Modeling and Data Visualization
  • Financial Statement Analytics
  • Financial Technology and Computational Finance Using R and Excel
  • Innovation and Venture Capital
• Program Structure

  COURSE CODE	SUBJECT	CREDIT
  SEMESTER I
  MFEC101	Microeconomics	3
  MFEC102	Quantitative Methods	3
  MFEC103	Mathematical Economics	3
  MFEC104	Financial Management	3
  GEC101	Excel Modeling and Data Visualization	3
  Total Credit Semester-I		15
  SEMESTER II
  MFEC201	Macroeconomic	3
  MFEC202	Basic Econometrics	3
  MFEC203	Financial Statement Analytics	3
  MFEC204	Financial Technologyg & Computational Finance using R & Excecl	3
  MFEC205	Research Methodology	3
  MFEC206	Financial Institutions & Markets	3
  GEC201	Generic Eletive Course -II	3
  Total Credit Semester-II		21
  SEMESTER III
  MFECSI	Summer Intership	6
  MFEC301	International Trade and Operations	3
  MFEC302	Applied Financial Econometrics	3
  MFEC303	Innovation and Venture Capital	3
  PEC I	Program elective course – I	3
  PEC II	Program elective course – II	3
  Total Credit Semester-III		21
  SEMESTER IV
  MFED	Dissertation	6
  MFEC401	Public Finance & Sutainability	3
  MFE402	Strategic Financial Management	3
  PEC III	Program elective course – III	3
  PEC IV	Program elective course – IV	3
  Total Credit Semester-IV		18
  TOTAL CREDIT		75

  Note: All Students will do summer internship of four to six week duration during summer gap after second semester and the mark will be added in the third semester

• Fee Structure

  Academic Fees for MA/M.Sc. in Financial Economics

  Course	Fee per Semester (INR)	No. of Semesters	Total Course fee (INR)*
  MA in Financial Economics	75,000	4	3,00,000

  *Additional Information

  • Includes Medical Insurance: ₹3000/- for Annum, #General Security Rs10,000/- (general security amount is refundable on completion of Program subject to clearance), ^One Time Registration Fee ₹15,000/- (non-refundable).
  • Students having higher percentage throughout career will be eligible for scholarship
  • Students are required to maintain consistency in percentage to avail scholarship.

  Hostel (Optional)
  Lodging & Boarding expenses (Subject to revision)
  Double Occupancy (In Campus)

  Installments	Odd Semester Installment	Even Semester Installment
  Due Date	15th June	15th Dec
  Lodging (A/C Accommodation)	Rs. 38,720.00	Rs. 38,720.00
  Boarding	Rs. 39,600.00	Rs. 39,600.00
  Laundry	Rs. 3,600	Rs. 3,600
  Total Charges	Rs. 81,920.00	Rs. 81,920.00

  Triple Occupancy (In Campus)

  Installments	Odd Semester Installment	Even Semester Installment
  Due Date	15th June	15th Dec
  Lodging (A/C Accommodation)	Rs. 34,320.00	Rs. 34,320.00
  Boarding	Rs. 39,600	Rs. 39,600
  Laundry	Rs. 3,600	Rs. 3,600
  Total Charges	Rs. 77,520.00	Rs. 77,520.00

  Note:

  • Hostel-registration fee of INR 10,000 at the time of registration
  • Student should preserve this schedule for timely payment of fees to avoid penalty for late fee deposition.
  • No notice or reminder will be sent to student or his/her parents.
  • No separate letter will be issued for Bank Education Loan.
  • Demand Draft should be made in the name of “BIRLA GLOBAL UNIVERSITY” Payable at Bhubaneswar.
  • To pay online Click here