Department

Department of Finance and Business Economics

An integral part of the Faculty of Applied Social Sciences and Humanities, the Department offers two flagship MBA programmes [MBA in Business Economics and MBA in Finance], two Ph.D programmes (Phd in Business Economics and Phd in Finance) as well as three Undergraduate courses running in colleges of the University of Delhi, viz., BA(Hons) Business Economics, Bachelor of Management Sciences [BMS] and BBA in Finance and Investment Analysis [BBA(FIA)].

Founded in the year 1973, the University of Delhi's Department of Business Economics pioneered the Masters Program in Business Economics, MBA (Business Economics) (erstwhile Masters in Business Economics). The programme combines the fundamentals of economic analysis with the practical aspects of policy and the business world. The institute is elated to announce it's 26th rank in IIRF (Indian Institutional Ranking Framework) in the best government B-schools across India.With its illustrious history of 50 years, the Department has a very strong alumni base gleaming like stars all over the corporate skyline. The Department has also fostered strong alliances with big corporate houses and over time has retained its position as their preferred recruitment destination. The programme in Business Economics is designed to meet the growing need for an analytical and quantitative approach to problem solving in the changing corporate world by the application of the latest techniques available in the fields of Economics and Business. The Department hosts a number of events along with an Annual Convention every year during which experts from different fields speak on contemporary issues related to the economy and business.

The MBA (Finance) programme, earlier known as Master of Finance and Control, launched by the erstwhile Department of Financial Studies way back in 1987, was a foray into an uncharted territory in the Indian educational scenario. Based on the lines of MS (Finance) offered internationally, it was one of a kind niche course in finance, designed and developed to cater to the needs of the fast growing corporate world. Since its inception, the Department has been grooming financial professionals who are well – equipped to serve the dynamic Indian finance industry. Its flagship programme of MBA (Finance) (erstwhile Master of Finance and Control (MFC) and MBA (Financial Management)), is a niche course in finance designed and developed to cater to the ever – changing needs of the corporate world. The Department was recently welcomed into the CFA University Affiliation Program. Only academic institutions that embed a significant portion of the CFA Program Candidate Body of Knowledge (CBOK) including the Code of Ethics and Standards of Professional Conduct—into their curriculum are eligible to participate in the University Affiliation Program.

The Department has two Ph.D. Programs, i.e., Ph.D. in Business Economics and Ph.D. in Finance.

The current research interests of the Business Economics Faculty include, Business Policy and Strategy, Industry Studies, Environmental and Resource Economics, Foreign Trade, Macro Economic Policy, Development Economics, International Economics, International Finance, International Marketing, Applied Econometrics, Energy Economics, Labour Economics, Urban Economics, and Economics of Climate Change.

The current research interests of the Finance Faculty include Investment Analysis, Portfolio Management and Financial Econometrics, Mutual Funds and Stock Markets, Services Marketing and Business & Corporate Laws and Management Accounting, Macroeconomics, International Economics, and Financial Economics, financial accounting, corporate finance and business valuation, etc.