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  • In line with the New Education Policy (NEP) of India, ICFAI School of Social Sciences now freshly offers a 4-year BA Economics (Honours), and a 4-year BA Economics (Honours with Research) UG Programs along with the existing 3-year BA Economics.
  • These two fresh, career-focused programs are campus-based, and involve full-time study.
  • All three programs are designed to transform students into well-trained economists with a firm grip and a clear understanding of the fundamentals and nuances of economics.
  • All students will have the option to exit with a 3-year Economics UG degree.
  • Likewise, students who initially choose to pursue the 3-year BA program will be permitted to opt for any one of the two 4-year programs later.
  • A few students from the first batch (Class of 2022) and second batch (Class of 2023) of the 3-year BA Economics UG degree have gained admission for higher studies in reputed institutions in India and abroad, including Madras School of Economics, Tata Institute of Social Sciences, TERI Climate Science and Policy, Gokhale Institute of Politics and Economics, Pune, University of Greenwich, London, University College Dublin, University of Sydney, New Zealand University etc.

Admission Calendar
Last Date for Submission of Completed Application Form June 30, 2024
Interviews June 11-15, 2024
Registration July 26, 2024
Commencement of preparatory Classes July 29, 2024
Commencement of regular Classes August 02, 2024

Year

Semester

Discipline Specific Courses - core

Minor(Statistics)

Inter Disciplinary Courses

Ability Enhancement Courses (Language)

Skill Enhacnement Courses/ Internship/ Dissertation

Common Value-added courses

Total Credits

1st Year I Micro Economics-I(4) Probability and Statistics(4) Introduction to Political Science(3) Effective English Communication(3) Fundamentals of Soft Skills(3)
  • Personal,Family and Social Health Management(3)
  • Understanding India(2)
22
II Micro Economics-II(4) Linear Algebra(4) Introduction to Psychology(3) Functional English(2) Digital Skills(3)
  • Human Values and Professional Ethics(2)
  • Human Society in the Natural Environment:Sustainability Issues(3)
21

INTERNSHIP (4)

43+4

2nd Year III
  • Macro Economics-I (4)
  • History of Economic Thought(4)
Calculus(4) Introduction to Philosophy(3) Academic Reading and Writing (2) Impactful Presentations (3) 20
IV
  • Macro Economics-II (4)
  • Issues in Development and Growth (4)
  • Banking and Market Regulations (4)
  • Statistical Inference (4)
  • Mathematical Analysis for Economists (4)
Introduction to Modern Indian Language(3) SWAYAM 23

INTERNSHIP (4)

86+4

3rd Year V
  • International Trade-I (4)
  • Indian Economy-I (4)
  • Financial Economics (4)
  • Public Finance-I (4)
Econometrics (4) 20
VI
  • International Trade-II (4)
  • Indian Economy-II (4)
  • Introduction to Law and Economics (4)
  • Public Finance-II (4)
Applied Econometrics (4) 20

60

28

9

10

9+4

10

130

4th Year VII
  • Research Methodology (4)
  • Behavioural Economics (4)
  • Elective-1 (4)
  • Elective-2 (4)
Introduction to Time Series Analysis(4) 20
VIII Elective-1 (4) Elective-1(4) Research Project/Dissertation (12) 20

80

36

9

10

9+4+12

10

170

Semester

Stream

Course

VII & VIII Agricultural Economics Agribusiness Management Contemporary Issues in Indian Agriculture,
Financial Economics
  • Market Micro Structure
  • Financial Derivatives
Health Economics
  • Health care and public policy
  • Economics of Healthcare
Enviremental Economics
  • Environmental Economics
  • Enviremental Law and policy
Law and Economics
  • Regulatory Policies in India
  • Corporate Law and Economics
Entrepreneurship
  • Managing Start-Ups
  • Entrepreneurial Finance

Students who opt Economics degree (honors) must choose two courses from one of the elective streams offered in their VII /VIII semester. Students who opt Economics degree (honors with Research) must choose two courses from one of the elective streams offered In their VII semester and Course from VIII Semester.

Semester

Stream

Course

VIII Data science
  • Predictive Analytics
  • Artificial intelligence
  • Python and Machine Learning

In their VIII semester students should choose one elective course from the minor elective stream offered.

  • A unique program with the proper blend of Economics, Mathematics, Statistics and Computer Science
  • Faculty-supervised Internship opportunities
  • Language Labs
  • Autonomous Learning Opportunities
  • Scope for higher studies in India and abroad
  • Course on Thesis Writing
  • Focus on Research Dissertation with 12 Credits
  • Courses on Basic Econometrics, Applied Econometrics, Time Series Analysis, Behavioural Economics, Financial Economics, Law and Economics etc
  • Courses on Predictive Analytics, Artificial Intelligence, Python and Machine Learning, etc
  • Scope for work in Team Projects
  • Elective streams such as Agricultural Economics, Financial Economics, Health Economics, Environmental Economics, Law and Economics, Entrepreneurship and Data Science.

Endorsement

Professor Bhanoji Rao

Formerly with the National University of Singapore and the World Bank

The BA (Economics) Program offered by IFHE is very well-designed and integrated. It provides, in addition to vital communicational and analytical capabilities, the core skills for the practice of economic and policy analysis. The Program gives numerous opportunities for discussions, debates, and seminars on current national and global economic concerns and developmental options.

Professor K. L Krishna

Former Director, Delhi School of Economics, University of Delhi

The BA (Economics) Program will enable students to pursue higher studies in reputed institutions and global careers in the field of Economics. The course covers a wide range of subjects from core Economics subjects to Econometrics and Data Science which will enable students to have a diversified set of skills and knowledge. The multicultural community at IFHE will allow students to share their perspectives on key economic and development issues and learn from peers.

Admission Modalities

Eligibility

“Pass in Class XII or equivalent examination with an aggregate of 50 % and above marks (any discipline) with English as medium of instruction”

IFHE Admissions Office,

# 65, Nagarjuna Hills, Punjagutta, Hyderabad - 500 082, Telangana State. Ph: 040-23440966, Toll-free: 1 800 599 0767 E-mail:baeconomics@ifheindia.org

Students interested can apply by any one of the following methods:

(a) Online Application Applicants can apply online by filling up t he Application Form available at www.ifheindia.org/BA-Economics and make payment of ₹ 500 towards the cost of an application using Credit / Debit Card (Visa / Master Card) / Internet Banking through secure internet payment gateway. Applicants applying online should upload their passport size color photograph while filling the Online Application. The Prospectus will be sent to such applicants.

(b) Download of Application Form Applicants can fill their details online and download the Application Form from www.ifheindia.org/BA-Economics and send it to the Admissions Office along with the Bank Demand Draft of ₹ 500 drawn on Scheduled Commercial Bank towards the cost of the application in favor of "IFHE-Fee Collection A/c-BA- Economics" payable at Hyderabad.

Fee Schedule

Selected candidates are required to pay the fee as per the schedule given below:

Particulars Due Date Fee (amount in Rs ₹) BA (Economics) 3 Years Fee (amount in Rs ₹) BA (Economics) 4 Years
Admission Fee On Interview Day 20,000 20,000
Semester I Fee July 10, 2024 50,000 50,000
Semester II Fee Dec 28, 2024 50,000 50,000
Semester III Fee July 29, 2025 50,000 50,000
Semester IV Fee Dec 23, 2025 50,000 50,000
Semester V Fee July 22, 2026 50,000 50,000
Semester VI Fee Dec 24, 2026 50,000 50,000
Semester VII Fee July 22, 2027 - 50,000
Semester VIII Fee Dec 24, 2027 - 50,000
TOTAL 3,20,000 4,20,000

Students are required to pay a caution deposit of ₹ 10,000 for BA (Economics) Program along with the first semester fee. The caution deposit will be refunded without interest and after adjusting dues, if any, to the students on completion of the program.

Limited hostel rooms are available at the campus. Day Scholars can avail bus facility from City to IFHE Campus on payment basis.

IFHE offers two types of merit scholarships to the students pursuing the BA (Economics) Program.

  1. The Scholarships based on past academic record.
  2. The Scholarships based on Semester-wise Performance during the BA (Economics) Program.

A.Merit Scholarships based on past academic record:

Students will be awarded merit scholarships based on percentage of aggregate marks achieved in qualifying examination (Class XII or its equivalent). Scholarship will continue semester after semester only on maintaining the minimum 6.0 GPA in the previous semester. The details are as presented in the following table.

BA (Economics) Program

Aggregate Percentage of marks in Class XII or its equivalent

≥ 90

≥80 - < 90

≥70 - < 80

3 years

4 years

3 years

4 years

3 years

4 years

Total amount of Scholarship (`)*

45,000

60,000

30,000

40,000

18,000

24,000

Scholarship Amount per semester (`)

7,500

7,500

5,000

5,000

3,000

3,000

* Above scholarship amount would be adjusted equally in 6 installments in each semester fee payable.

B.Merit Scholarships based on Semester-wise Performance:

Up to 10% of the students of the batch will be awarded merit scholarships based on the Semester-wise performance in the BA (Economics) Program (Details presented in the table given below). These scholarships are awarded in addition to the scholarships based on the past academic record.

Semester Performance (CGPA) ≥ 9.00 ≥8.50 to < 9.00 ≥8.00 to < 8.50
Scholarship Amount (Rs ₹) per Semester 15,000 11,000 7,500

Several public and private sector banks provide educational loans to applicants. Applicants seeking educational loans may approach the respective bank branches. The Financial Aid cell at IFHE facilitates the bank loan process wherever required finaidcell@icfaiuniversity.in.