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MA/M.Sc. in Financial Economics

  • Program Highlights

    At the beginning, the students from different backgrounds undergo an immersion program to develop basic foundation. The program includes basics of quantitative methods, accounting and economics. Apart from this, it also includes role play, workshops and interactions with people from industry.

    • Hands On training with modern financial analytics : Excel, Eviews, Starata, RStudio, Machine Learning, Python etc
    • Live stock market analysis with experts
    • Sessions with corporate trainers and expert talk
    • Outcome based teaching methodology,Casebased teaching methodology,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 40,000 4 1,60,000

    *Additional Information

    • In addition to this fee, students have to pay the security deposit (10,000 INR) and Medical insurance (3000 INR PA).
    • 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 every year)

    Double Occupancy (In Campus)

    Installments 1st Installment 2nd Installment 3rd Installment 4th Installment
    Due Date 15th June 2024 15th Dec 2024 15th June 2025 15th Dec 2025
    Lodging (A/C Accommodation) Rs. 35,200.00 Rs. 35,200.00 Rs. 35,200.00 Rs. 35,200.00
    Boarding Rs. 36,000 Rs. 36,000 Rs. 36,000 Rs. 36,000
    Laundry Rs. 3,000 Rs. 3,000 Rs. 3,000 Rs. 3,000
    Total Charges Rs. 74,200.00 Rs. 74,200.00 Rs. 74,200.00 Rs. 74,200.00

    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.
      NAME OF THE ACCOUNT HOLDER – BIRLA GLOBAL UNIVERSITY
      BANK NAME – UCO BANK
      ACCOUNT NUMBER – 31090110011430
      IFSC CODE – UCBA0003109