The Master of Business Economics or MBE was pioneered by the Delhi University in 1973 and has since grown from strength to strength. Today it offered by several business schools and universities across the country. A two-year postgraduate qualification, MBE deals with the economics of business firms, markets and industries, and determining costs and prices. Admission is open to all graduates, preferably those from commerce and related disciplines. It is usually based on undergraduate results. However, some institutes also conduct admission tests and interviews.
The syllabus includes the study of micro and macro economics, industrial economics, econometrics, the economics of natural resources, economics of services, statistics, business finance and accounting, financial markets, global finance, organizational behaviour, project appraisal and impact analysis, the legal environment, marketing management, strategic management, world trading system, international trade and business, sustainable development, and India in the contemporary world economy. Students also choose from a variety of electives in marketing, finance, economics, human resources etc and have to complete an industrial attachment programme. At the end of the course students can opt for jobs in economic and market research, consulting, equity research, credit risk and forex management, finance, brand management, and sales.