Master of Business Economics (MBE): Admission 2025, Syllabus, Eligibility, Subjects, Colleges

The 2-year Master of Business Economics or MBE is a specialized postgraduate level of study with the course curriculum seeking to equip students with professional and detailed knowledge in the disciplines of economics, management, and business. This allows them to master economic and business theory, economic applications, and even the industry-relevant business tools in order to become corporate industry leaders.

Due to the lack of experienced faculty and the predominance of MBA programs under the PG level management courses, Guru Nanak Dev University and Maa Shakumbhari University are the sole and the leading Master of Business Economics colleges in India with the average course fee ranging between INR 1,00,000 and INR 2,00,000.

Either merit or entrance-based criteria is used to evaluate a candidate's Master of Business Economics eligibility, with the merit requirement requiring candidates to have a minimum of 45%-50% in a bachelor's degree completed in Commerce, Economics, Business Administration, or related fields, and the entrance-based criteria requiring them to pass the relevant entrance exam in addition to meeting the basic merit requirements.

Course graduates can work in a variety of industries and jobs, including Junior Economist, Market Research Analyst, Economic Consultant, Risk Analyst, Business Economics Director, Economic Advisor, etc. Additionally, they can earn up to INR 2.5-6 LPA as freshers, INR 7-15 as middle-level working professionals, and INR 12-30 as experienced professionals.

Master of Business Economics Highlights

The following table highlights the key details of the 2-year Master of Business Economics course:

What is a Master of Business Economics?

The 2-year Master of Business Economics is a postgraduate program for Business Administration, Economics or Commerce graduates that aims to provide substantial knowledge and skill development in the domains of Business, Marketing, Economics, Finance, and Management disciplines.

The course curriculum enables students to expand their skill set by allowing them to evaluate vast amounts of business data and interpret it in order to arrive at solutions or strategies for corporate success. Furthermore, during the 2 -year course study, students learn about the numerous methods for analyzing economic conditions and their effects on businesses, as well as how various financial, marketing, and other management tools and strategies are utilized to control them or take benefit of them.

The course prepares learners to comprehend financial and economic markets and make effective business decisions, allowing them to pursue career opportunities in banking, finance, consulting, market research, and even policy formation sectors.

Why Study Master of Business Economics?

Master of Business Economics is an advanced postgraduate degree that aims to provide a detailed knowledge of the numerous disciplines and elements of economics, management, and business disciplines. This degree can be pursued for a variety of purposes, including:

• Master of Business Economics, as a PG Level degree, provides learners with an in-depth knowledge and skill development in the areas of business and statistical tools, data analysis, and even econometrics, preparing them to become future corporate leaders by mastering such industry-relevant skills.
• The course graduates are in high demand because a Master of Business Economics is a niche yet specialized and advanced field of study in the Business Economic discipline, and the majority of commerce graduates prefer to pursue an MBA degree, which has lost its significance over time.
• As a master's degree, the Master of Business Economics curriculum contains internships, research, and live projects that lead to analytical and intellectual skill development, laying the groundwork for students to pursue research or PhD prospects.
• Pursuing this degree allows students to explore work prospects in a range of fields, such as banking, finance and consulting, market research, and even policy formation.

Who should study Master of Business Economics?

A Master of Business Economics course is the finest option for individuals with a keen interest in analytical, practical, and statistical skill building, and the perfect candidates for taking this course can be described as the ones who:

• Have completed their Bachelor’s degree in Commerce, Economics, Business Administration, or related fields with an aggregate score of 45%-50%.
• Are interested in pursuing research projects or a PhD in Business, Economics, Management or related fields.
• Are quantitative and analytical thinkers who wish to study and master industry-relevant business, statistical, and econometric tools and methods.
• Are curious individuals or aspiring entrepreneurs aiming to develop a comprehensive understanding of the numerous disciplines of the corporate world, such as economics, finance, and so on.
• Are detail-oriented and focused individuals comfortable in working with enormous amounts of data for analysis and interpretation reasons.
• Are corporate working professionals wishing to advance in their careers by developing industry-relevant corporate skills and knowledge.

Master of Business Economics Eligibility Criteria

Despite being a highly specialized field of study offered only by one or two institutions in India, both merit and entrance-based criterias are used to assess a candidate's Master of Business Economics eligibility, with some universities using the merit criteria and others using the entrance one. Both of these criteria require the following conditions to be met:

• Merit Based: The candidate must have a minimum of 45%-50% score in a Bachelor’s degree in Commerce, Economics, Business Administration or related fields.
• Entrance Based: The candidate must qualify the relevant university level entrance exam (GNDU GMET) and must also have a minimum of 45%-50% score in a Bachelor’s degree in Commerce, Economics, Business Administration or related fields.
• Typically, the merit standards vary amongst students, particularly dependent on the categories to which they belong. 45% is the ideal minimum requirement for reserved category candidates, whereas 50% is the minimum required for unreserved category candidates.
• The bachelor degree must be completed from a recognized university only to be eligible to apply.

Master of Business Economics Entrance Exams 2025

With only a few Indian colleges offering a specialized study course like the Master of Business Economics, the GNDU GMET is the only university-level entrance exam conducted and accepted in India for admission to this course. The key details of this exam are:

Master of Business Economics Colleges in India

In India, only a few colleges offer the Master of Business Economics program, with the majority of them preferring to offer Business Economics as a specialization within the MA Economics or MBA programs. The table below covers all of the colleges that offer the specific MBE program, along with the course specific key details.

Master of Business Economics Admission Process 2025

The admission procedure for Master of Business Economics is fairly straightforward and can be readily completed in just a few simple steps online, and the detailed step-by-step guide of the same at Maa Shakumbhari University is as follows:

Step 1: As per the university’s Master of Business Economics eligibility criteria, the candidate must have a minimum of 45% (reserved category) or 50% (unreserved category) in a bachelor’s degree completed in Commerce/ Economics/ Business Administration or related fields. The candidate must check if he/she is meeting this criteria or not.

Step 2: If the candidate is meeting this criteria, he/she can visit https://msuadmission.in/ to register at the university’s official admission portal. To register, the candidate must select the “new admission” option on this website and must provide a valid mobile number and email address.

Step 3: The candidate must then verify his/her email address to complete the registration process. Once it is done, the candidate needs to log in to their account to continue with the filling of the application form.

Step 4: After successfully logging in, the candidate must select the “Master of Business Economics” under the PG Courses section and should start filling the application form.

Step 5: In the application form, the candidate is required to fill-in his or her personal and educational qualifications details and is also required to upload all the requested documents such as Aadhar card, 12th and 10th mark sheets etc.

Step 6: Following step 5, the candidate is required to pay a non-refundable application form fee to complete and submit the application to the university.

Step 7: Following submission, the candidates are required to wait for the university to release merit lists, such lists contain the names of the shortlisted candidates and are usually released in 3-4 rounds. Candidates can check these lists through their admission dashboard.

Step 8: If the candidate is shortlisted as per the merit lists, he/she is required to pay a part of the first semester fee to confirm his/her seat and is also required to visit the university’s campus for physical verification of documents as per the schedule provided to them through their admission dashboard or email.

Step 9: Once the documents verification is successful, the candidate must pay the remaining first semester fee to receive a final admission letter from the university.

Documents Required:

• 10th & 12th marksheet and passing certificate issued by the board.
• School Leaving Certificate
• Bachelor’s Marksheet
• Bachelor’s Passing Certificate
• Provisional Certificate
• Coloured Passport Size Photographs
• Entrance Exam Admit Card
• Entrance Exam Scorecard
• Caste Certificate (If applicable)
• Identity Proof issued by the government (Aadhar Card/PAN Card/Passport, etc.)
• Signature

Master of Business Economics Syllabus

As a specialised and advanced study in the field of Business Economics, the course’s syllabus has been designed in a holistic and concentrated manner to focus on the core area of Business Economics, while also ensuring proper learning and skill development in other corporate-specific disciplines such as Marketing and Finance.

For reference, the syllabus of Master of Business Economics Program at Guru Nanak Dev University is provided below:

Master of Business Economics Job Opportunities in India

Listed below are some of the highly sought-after and lucrative job opportunities available for Master of Business Economics graduates, along with the details of the top recruiters and average salaries for each profile:

Master of Business Economics FAQs