Economics Courses After 12th - Eligibility, Fees, Top Institutes, Scope

Why are certain countries wealthy while others are poor? What causes economic recession? What is the reason behind women earning less than men? These are a few questions that frequently cross our minds, and we often do not know how to respond or cope with them. The study of economics can help us understand how to answer these key questions.

The term "economics" can be described in a variety of ways. Economics studies how goods and services are produced, distributed, and consumed. It frequently discusses money and finances, although it is not only about money. Economics is a vast field that enables us to comprehend past trends, analyse current headlines, and forecast future events.

The two main branches of economics are Macroeconomics, which studies the behaviour of the economy as a whole; and Microeconomics, which studies the behaviour of individual people and organisations. Upon completing economics courses after 12th, an individual can choose a career path as an Economist, Auditor, Financial risk analyst, Financial Planner, Economic Researcher, or Cost Accountant.

See also: Courses After 12th in Commerce Stream

List of Economic Courses After 12th

With the available bachelor of economics after 12th commerce, individuals will learn to comprehend the society around them at a much deeper level. Through this article, we will discuss various economic courses that are available for 12th-pass students to follow their dream occupations.

(Note: Data has been collated by Team Careers360)

1. BA Business Economics

Economics is a highly sought-after bachelor's degree. Courses after 12th arts with economics such as BA/ BA (Hons) Economics are some of the most chosen courses by students. It focuses on the key concepts of economics, its theories, and applications by combining macroeconomics, microeconomics, and statistics.

As a consequence of the programmes curriculum, students develop creativity, curiosity, and drive, which will equip them for successful jobs in banking, finance, statistics, actuarial science, auditing, and marketing. The course covers subjects such as microeconomics, statistics, foreign trade, Indian economics, legal studies, the economic history of India, and money and financial markets.

Eligibility:

• Completed 10+2 from a recognised board.
• Secured a minimum of 50 per cent in 10+2.
• Admission is based on merit or entrance test (depending upon the institute).

Top Institutes: JMI, New Delhi; Christ University; Delhi University; and Dr Bhim Rao Ambedkar College, Delhi.

Also Read: Professional Courses After 12th Commerce

2. B.Sc Economics

Bachelor of Science in Economics is a three-year undergraduate programme. It is more inclined towards maths and statistics. Legal studies, money and banking, global finance, economic history, and international commerce are among the B.Sc Economics topics.

The programme will be a good fit for you if:

• You are fascinated with how the global economy works and how different countries' economies interconnect.
• You appreciate solving mathematical puzzles.
• You want to help solve urgent economic and social problems including unemployment, poverty, healthcare, education, deflation, and economic growth.

After studying for the degree, options for a career in economics after 12th include becoming a policymaker, getting into policy research, business analytics, economic research, data science, and strategy consultancy.

Eligibility:

• Completed 10+2 in any stream from a recognised board
• Some institutes require maths, physics, and chemistry as compulsory subjects in 10+2.
• Admission is based on merit or entrance test (varies from institute to institute).

Top Institutes: Symbiosis School of Economics; Chandigarh University; St. Xavier's College, Kolkata; NMIMS; Indian School of Business and Finance, Delhi.

See also: Banking Courses After 12th

3. B.A. Liberal Arts

The Bachelor of Arts in Liberal Arts is a three-year bachelor's degree programme for students who are interested in exploring a variety of areas ranging from the social sciences and humanities to languages and related fields. This is one of the courses after 12th arts with economics that teaches students a variety of subjects for a holistic perspective.

During the degree, students can concentrate on their interest areas such as psychology, economics, legal studies, amongst other liberal arts subjects, and go on to pursue a career in economics after 12th.

Eligibility:

• Secure a minimum of 50 per cent in 10+2 from a recognised board in any stream
• Admission is based on entrance tests (institute-specific tests).

Top Institutes: OP Jindal University; Ashoka University; KREA University; Flame University.

See also: Career Options After 12th Arts/Humanities

4. BBA (Bachelor of Business Administration)

Bachelor of Business Administration (BBA) is one of the most sought economics courses after 12th without maths. It is a three-year undergraduate degree with a combination of theory, practical knowledge application, and personality development of the individual. The degree enables students to learn the necessary business skills, as well as build a professional network and open new doors for them.

The BBA programme prepares students for a career in economics after 12th in a variety of fields, including marketing, education, finance, and government. During the course, students will study various subjects such as financial accounting and analysis, business economics, business mathematics, cost accounting, banking law and practice, and financial management.

Eligibility: Passed 10+2 from a recognised board,

Top Institutes: IBS Hyderabad; Jamia Millia Islamia; NMIMS, Bangalore; Christ University; SPJIMR, Mumbai.

See also: Top 5 BBA Entrance Exams

Economics studies how the world's resources are being used and divided by individuals and organisations, from production to consumption. To study economics and pursue a career in economics after 12th, one must be interested in the world — what is going on around them, from history to politics to global relations to consumption patterns in nations and throughout the world.

This is because all of these factors influence how people, businesses, and governments react and make decisions. An individual should also possess analytical skills, problem-solving skills, and decision-making skills. One should very carefully analyse one’s interests and choose their career wisely.

Read more: Commerce Scope After 12th

Author- This article has been authored by Nikita Kukkar, who is a Counselling Psychologist and has extensive experience in Career Counselling of high school students.