Wednesday, July 11, 2007


Course chat
‘It offers more than a degree in economics’

A professional degree in business economics helps managers see the corporate matters in a better perspective, says Prof S.K.Bedi, Head, Department of Business Economics, Maharshi Dayanand University, Rohtak.

How is a course in business economics different from MBA (finance) or a degree in economics?

A study programme in business economics involves application of economic principles in business management. It combines the ethics of management with fundamentals of economics. It is, thus, much more than a degree in economics. The MBA programmes generally have very little economic course content, and this specialisation makes up for it.

How does a degree in the discipline help professionals in business management?

A professional degree in business economics helps business managers see the corporate matters in a better perspective. It improves their understanding of national and international economic affairs, thus enabling them to take rational economic decisions which would be beneficial in the long run.

What are the job prospects in the field in agrarian states like Punjab and Haryana?

The discipline presents numerous opportunities in the agribusiness sector. Many food-based and FMCG companies are now focusing on rural marketing. The trained professionals having a background in agriculture studies can join the fast-growing food-processing industry or the units involved in allied businesses. — SD