Master of Business Economics..MBE@UDSC

MBE - DU students interacted with Corporate honchos @ BEA inaugral

2008-08-09T00:02:00.003+05:30

The department of Business Economics, University of Delhi , South Campus kick started its year of events with the inaugural of the Business Economics Association on 31 July 2008.

Two eminent speakers with a wealth of industry experience were invited to interact with the students.

The first address was by Mr. Ram Nomula, currently the Chief Executive, Media & Entertainment Services, Moser Baer. Mr. Nomula who steered MoserBaer to new height, has rich experience of working in India and abroad. He recently moved to India after working in USA for about forty years. It was an intellectually stimulating session which was enjoyed by budding biz �?? eco managers. Mr. Nomula has shared his experience in abroad and compared Indian socio-economic culture with that of USA

.

The second session was by Ms. Jyoti Vij who is the Director, Financial Sector & Corporate Laws, FICCI. Incidentaly, she is an 1990 batch alumnus of the department. Ms. Vij shared her experience of working in the apex body of Business and Economics in India and given invaluable inputs on how to reach to consensus on various policy issues. This session was largely an interaction between curious minds of MBE and the Acheiver. Both speakers emphasized the importance of having respect for different cultures, perseverance, hard work and dedication. On this occasion, eminent faculty of Department of Business Economics alongwith visiting Faculty from MDI, Gurgaon were present and have interacted with speakers and students.

Business Economist

2008-07-13T10:05:00.002+05:30

Q I have done graduation with economics. Now I want to do MBE. Please tell me what is the scope of MBE in India. What is the difference between MBA and MBE?

A In the increasingly globalised world order with newer business risks stemming from inflation, currency fluctuation, varying interest rates, regulatory risks, foreign markets and now the WTO, large private companies are increasingly looking at business economists for help. The token one-man economic cell is now getting staffed.
These are tasks for which an MBA is not strictly geared. As a business economist, you may also specialise in market research or international trade, exports and imports.
While a good master's degree in economics or an MBE is a prerequisite for a corporate economist's job, the clincher is your ability to marry fundamental knowledge of economics with market and business requirements.
Banking and financial institutions also hire business economists. As a matter of fact, a number of recruitment advertisements for management trainees ask for an MBA/ MA (economics) degree as a desired qualification.
You can also enhance your job prospects by doing an MBA or Master's in finance, international trade or insurance.
Besides teaching, you could also take up business journalism in television or newspapers, economic journals and business magazines as commercial editors, business reporters, feature writers, economic analysts and commentators.

This excerpt is from the site http://www.tribuneindia.com/2006/20060628/jobs/career.htm

The Pre Joining Meet

2008-07-11T18:26:00.002+05:30

So the Meet is around the corner and we are all very excited. The Batch is a happening lot...every one is chipping in with ideas and trying to reach evryone.....we have done manthan about the location...the time ...the food joint and damn the menu too!!!!...Hope the weather dont play a spoilsport...and also hope and feel that this meet is the harbinger of many more good times in store...yipeee!!

Another International University offering the program

2008-07-09T21:41:00.008+05:30

Just an example...

" The Master of Business Economics is an advanced graduate program that has been specifically tailored to meet the needs of decision-makers and policy advisers in business. Rapid change coupled with increasing business complexity is a challenge for management across all sectors, and �??economics-savvy' employees are a premium asset."
University of Queensland, Australia: http://www.uq.edu.au/study/program.html?acad_prog=5245

Extract: "Employment Opportunities:Graduates can expect to find employment as economic policy advisors, business analysts and consultants, resource economists, project analysts or industry economists in government and private sector organisations, teachers, and economic researchers.
Jobs: Project Manager, Environmental Consultant, Agribusiness, Foreign Affairs and Trade Officer, Business Consultant, Corporate Analyst, Foreign Affairs Advisor/Representative, Treasury, Transport Economist, University Lecturer, Environmental Planner, Land Economist, Resource Economist, Banking, Economic Advisor, Wildlife Management Consultant, Investment Analyst, Labour Market Economist, International Development Consultant, Project Management, Trade and Investment Analyst, Agricultural and Resource Economist, Health Policy Analyst, Econometrician, Aid and Development Worker, Market Research Analyst, Merchant Banker, Financial Economist, Statistician, Health Management and Planning, Marine Environment Consultant, Mathematical Statistician, Taxation Economist, Business Analyst, Infrastructure and Transport Analyst/Project Manager, Intelligence Analyst, Mining Industry Analyst/Advisor, Tourism Policy Officer, International and Community Development Worker, Trade Measurement Officer, Economist, Environmental Economist, Portfolio Funds and Risk Manager/Analyst, Regional and Urban Planner, Town Planner, Applied Industry Economist, Generalist Statistician..."

Articles on MBE 2

2008-07-09T20:22:00.000+05:30

Master of Business Economics (MBE).Business Economics is fast catching up as a separate career.Business economics deals with the analysis of the behaviour of firms in markets and industries and with determination of costs and prices. he job involves making the business strategy for a company and undertaking investment or risk analysis. Profit and cost models would be required to be made. International trade issues and policies will also fall in the gamut of a Business Economist. Several Institute today offer courses like the Master of Business Economics (MBE); the course at Delhi University is quite reputed.

source:http://www.ammas.com/ar/home.cfm?r=va&qid=145436&bid=0&topicid=601

Articles on MBE 1

2008-07-09T20:17:00.002+05:30

Masters in Business Economics (MBE)
The Masters Programme in Business Economics (MBE) is a marriage of management and economics. The programme has carved out a niche for itself among the most coveted management programmes of the country. The popularity of this programme can be gauged from the fact that it is being offered worldwide, in over 30 universities, including the Harvard Business School. Factors such as globalisation, entry of mighty transnational organisations, convertibility of the rupee and free interest rates, have all made corporate planning an essential and significant aspect of any business activity. In this scenario, predicting the future of the economy has become an increasingly daunting task.To this end, this course aims at developing strong forecasting, problem solving and analytical skills for policy formulation and implementation in a dynamic economic, socio-political and technological environment. "Our country needs managers who should be able to think on a global perspective while, at the same time, not losing touch on local and regional issues and realities -- the need for `think global, act local' managers is going to be critical in the years to come, as India integrates with the global economy", says Dr Rashmi Agrawal, Head, Department of Business Economics, South Campus, University of Delhi.
The MBE programme The MBE is essentially an application-oriented course, based extensively on disciplines such as economics, commerce, management, mathematics and statistics. The syllabus includes organisational behaviour, systems analysis and operations management. The programme aims at developing skills for sound policy formulation and its implementation. "The programme aims to have an eclectic approach by combining the best in the field of management, economics and business administration," says Dr Lallan Prasad, Dean, Faculty of Applied Social Sciences and Humanities, South Campus, University of Delhi. The Programme provides students an opportunity to specialise in more than one conventional area of management. The students can opt for combination in any two of finance, marketing, systems and econometrics. At the end of the first year, every student is required to undertake practical training for a period of two months in a business or industrial house, government or research organisation. During their project work on significant aspects of business or industry, the students get an opportunity to observe a business organisation in actual operation and to sharpen their knowledge and skill. "The curriculum has been evolved after due consultation with practising economists and business executives. The syllabi of Australian, Canadian, British and American universities, where similar courses exist, were also taken into account for the purpose," highlights Dr Prasad. As per Dr Agrawal, "The Programme is specially designed to suit the requirements of the developing economies like India where the public and small sectors, together with the large private sector, have very important roles to play. The expertise of Business Economics would be very useful for the research and development wings of large industrial houses for policy formulation and day-to-day operations." The course invites business executives and administrators as guest faculty in order to provide a feel of real life situations and problems. The idea behind this academic-cum-professional interface, as according to the Business Economics faculty at the Delhi University, is to emphasise an active collaboration between the Department and specialised institutions. These specialised institutions include National Council for Applied Economic Research, Federation of Indian Chambers of Commerce and Industry, Associated Chambers of Commerce, Confederation of Indian Industry and Indian Statistical Institute. "This interactive method of teaching ensures that students develop a healthy attitude towards group work, while at the same time think independently, be value-driven and strive for excellence in their jobs," says Dr Prasad. EligibilityThere are 55 seats out of which 12 are reserved for SC/STs. The students are admitted to the course after a rigorous selection procedure which involves an all-India level entrance test followed by a group discussion and personal interview. For being eligible to appear in the MBE entrance test, you need to have at least 50 per cent marks or above in any of the courses that include BA (Hons) Business Economics, BA (Hons) Economics, B Com (Hons), Bachelor of Business Studies (Hons) and Bachelor of Business Administration (Hons). But in case of bachelors degree in any other subject like humanities, arts, sciences, engineering, medicine etc., you require to have at least 55 per cent marks or above. Students who have done Honours in language courses or in subjects with no mathematical or economics support are not eligible for this MBE programme. No student is qualified for admission to the MBE course unless he is 20 years of age before October 1st of the year of the application.MBE student exchange programme"The Department of Business Economics has always had a continuous and growing interaction with the industry. Over the years, the MBE students and the faculty have been organising conferences, conventions, industry and country seminars and other co-curricular activities to have a close liaison with the industry," says Dr Agrawal. "The Department attempts to facilitate learning by creating an environment where the students can grow to become socially conscious, disciplined, responsible and inspiring leaders of the future," Dr Prasad says. With a view to keep students abreast of global developments, MBE Department has recently established academic collaborations with various business schools abroad. Exchange programmes with French and Canadian management institutions are currently underway. "We have a placement cell that provides services to all MBE graduates. Till date, we have maintained our record of 100 per cent placement. Our MBE alumni is doing exceedingly well at coveted positions in various public, private and international organisations. For instance, many of our students have been working as financial analysts with IMF, World Bank and European Economic community," Dr Agrawal further says. As far as the employment scope for the students of MBE in the academic line is concerned, the Department of Business Economics has provided support in setting up the Bachelors programme in Business Economics at six colleges in Delhi including Guru Gobind Singh College, Khalsa College, Agrasen College, Atma Ram Sanatan Dharam College, College of Vocational Studies and Ambedkar College.

source: http://www.naukri.com/ecampus/articals/mbe.htm

Conclave 2008

2008-07-06T13:21:00.005+05:30

THE first Conclave 2008 will be held in july 2008, exact date and venue will be indicated. It will mark the coming together of different ideas and different personalities and different background to enjoy the experience called the MBE experience. This Year it is in experimental stage and from next year onwards it will mean the students council notifying the new members of the MBE family about the meet (from this blog & or website) and venue and a current student will join the new members and help them decode few things. Would inform them of what is expected of them just to welcome them into the community and initial guidance.
Cheers..
p.s do comment what you think about the idea and ofcourse the poster[;)]

The first Meet

2008-07-02T09:21:00.002+05:30

Story of a meet...it was a meet scheduled and planned well in advance..the date was there the venue was there and the time was there...but there was something missing..much anticipated 1st meet of the 2010 batch....but there was another meet we didnt knew....read on...
The day prior to the meet Ramit had to opt out...morning saw a post from rohit(informed well in advance though)...the meet had only four partcipants well since no one posted to opt out and since the commitment was there i happened to continue as planned...arunabh called ..." Hey i am just starting but i read a post from rohit..he is opting out"..i said" no bro he had informed that he will be in delhi the day after..so no new opt out other than ramit"...he said so how many are there coming"i said four"..he said okay...News flash" There is a gay parade in CP"...no problems how this gonna affect... only concern well whats the traffic scene? hell with it lets go...reached venue 2.01 pm my watch...well on time and where are they?...had a look inside ...seems no one is looking like one....hello made a mistake!!...man no phone number shared...how to recognize...anyway had arunabh's number called" where are you buddy".."Just taking a left towards cp...have all of you reached?...i said"dont know yaar looks like will have to find them...we forgot to share our numbers"...arunabh"ohoho"...i said"come on over i am standing just outside ccd"...waiting for 15 odd minutes looking at each car...everyone coming out of
the car had a look'why the heck is he looking at us like that'...no problems...suddenly phone buzzed...its arunabh"hey i have reached ..just standing around the corner...in front of sikand"..I "well i am coming there"...walked to arunabh...hug..."how are you?"both ways ...first question"how to find them"..."well park your car..will go and look around for them(ccd)".."ok"...went upstairs again..."ok cant pinpoint..dont know if anyone other than the four of us decided to show up...how will we hook up with them"..."no problems lets occupy the front window sofa"...and stare whoever comes thru that door[:)]...well a gay parade and two guys checking out guys not a good idea...one comes to the door...hesitate...waiting for someone...both of us latched onto the opportunity...eureka mil gaya ek to"Hey are you...Tushar or amit"(bad hitting line for a gay too,,seems to be the old trick..hey i have seen you somewhere)...answer"no"..."are you here for an MBe meet"...guy had a look..."is it something to do with the gay parade"...take two steps back"no"...ok..danm not our guy...hunt still on...well
lunch time order something...ccd and something to eat not a good idea..but cant leave the place..so ordered..a hot dog and a burger..waiting..its 3pm by now...waiting outside...checking out guys by the way...well...its 3pm...lesson learnt ...always share phone numbers and must know before the meet...who all are coming...anyways..hungry....i tought okay the ordeal is over...and suddenly i banged into one of my friend who's is there with his gf...gr8 to see..hug...he realised suddenly i am here with a guy..."evrything the same or something changed"...danm man no!!...doused the wildfire and had his girl laughing for a while ...ok bbye...well than went for some chinese...ordered something less spicey...heck it turns out to be simple boiled chowmein but as it was happy hour...we had some beer to chill up...and checked out a new possible meeting point ccd at shivaji stadium ccd...parking is free!!!...
thats all about the meet...hope have a lot to write about the second meet...and in between had some chat...about laptops and about dress code...and do we need to wear formals for the orientation on 16th?...and for Amit and tushar ...were you guys there?...wats ur end of story?..

Hostels

2008-06-24T09:22:00.007+05:30

South Campus maintain two PG mens and one PG women hostels. The interested candidates may contact the hostel office for more information. The application forms can be download to apply.
The last date of the first phase of admission for Aravali and Saramati PG Mens Hostel is July 7, 2008. For Geetanjali it is 6th July.
Please follow the links below for more details
Aravali Hostel :

http://www.south.du.ac.in/cms//index.php?page=aravali-hostel
The Aravali P.G. Men�??s Hostel has started functioning from the academic session 2005-06. It is a hostel of residence for full time Ph.D., M. Phil. and Post graduate students admitted at South Campus. The Hostel has accommodation for 74 students on single occupancy basis. In addition, the Hostel has guest room, visitor�??s room, dining hall, internet access and facilities for indoor and outdoor sports and recreation. Wi-Fi facilities are also available for the residents. The internal administration and discipline of the hostel is under the overall charge of the Provost.

Click here for the Application form: ttp://www.south.du.ac.in/cms/uploads/udscfiles/aravali_form.pdf

Click here for the Handbook of information:

http://www.south.du.ac.in/cms/uploads/udscfiles/aravali.pdf

Geetanjali Hostel :

http://www.south.du.ac.in/cms//index.php?page=geetanjali-hostel

Geetanjali Hostel for Post graduate women students at South Campus started functioning from the academic session 1990-91. It can presently accommodate about 96 students. Students enrolled in Ph.D., M.Phil. and Master�??s Programme are admitted on the basis of merit. The mess is run by a contractor and is managed by a Mess Committee of the students under the overall supervision of the Warden and the Resident Tutor. Health Care facilities are available to the residents through the Health Centre. Some recreational facilities have been provided to the residents and other facilities are being developed. Detailed information is given in the Bulletin of Information of the Geetanjali Hostel available from its office.

Click Here for Handbook of Information and application(last date 6th July):

http://www.south.du.ac.in/cms//uploads/udscfiles/Geetanjali.pdf

Saramati Hostel :

http://www.south.du.ac.in/cms//index.php?page=saramati-hostel

Saramati Post Graduate Hostel for Men was established by North East Council, Ministry of Home affairs, Govt. of India and University of Delhi, South Campus to provide accommodation facilities for the students of North Eastern states and students of University of Delhi, South Campus in 2000. It started functioning in the academic session of 2002-03. Saramati Post Graduate Men�??s Hostel is a hostel of residence for full time Post Graduate men students of North Eastern States, registered at University of Delhi, and for Post Graduate, M. Phil. and Ph.D. students of South Campus. The internal administration and other discipline of the Hostel are under the overall charge of the Provost.

Click Here For application Form: http://www.south.du.ac.in/cms//uploads/udscfiles/saramati_form.pdf

Click Here for Handbook Of Information:

http://www.south.du.ac.in/cms//uploads/udscfiles/saramati.pdf

Pre MBE Study

2008-06-24T08:58:00.004+05:30

The Department has recommended some Books to be read prior to joining the program...
1 Mankiw N.G (2004) :'Principles of Economics', south western college press ,3rd edn.
http://www.swlearning.com/economics/mankiw/mankiw3e/mankiw3e.html

2. Samuelson, P.A. and W.D. Nordhaus(2005) : "Economics", Mc Graw hill , 18th edition
3. Freund, J.E : "Mathematical Statistics with applications" Printice Hall of India (For Probablity Theory)
http://www.flipkart.com/books/Mathematical-Statistics-With-Applications-7e/Freund-J-E/8120330986/IU23F9CODH.html

Starting a Journey..

2008-06-21T23:52:00.000+05:30

Welcome to the Blog of MBEites.
This Blog is started with the idea that it will be the unofficial communication and information source . The will be a window for a peek inside the Department of business Economics of the University of Delhi. As the journey will progress we will like to share our experinces with the outside world on whats Happening Inside the premier institution.
The Department Of Business Economics runs the Masters Program in Business Economics popularly known as MBE.
Hope This serves its purpose and many will join in this journey of ours.