BSc (Hons) Economics

Programme Overview

The London School of Economics (LSE), ranked 5th in the world for Economics and Econometrics (QS 2020), is synonymous with excellence in these disciplines. Its BSc (Hons) Economics programme, therefore, is one of the best foundations you can give yourself if you are a budding economist.

This programme will equip you with a nuanced understanding of economic models and the ability to analyse and propose policy solutions to economic problems. After studying microeconomics, macroeconomics, econometrics, applied mathematics, international and monetary economics and finance, you will be able to develop deep insights into the dynamics of  global and national economies.

This peerless Economics education will open up myriad career options. You will not only give yourself a substantial edge when applying for prestigious postgraduate programmes in Economics around the world, but will also become a highly competitive applicant for working in areas such as policy-making (whether with government, international or non-government organisations), development work, data science, consulting, finance and economic research.

Note: this Bachelor’s of Economics programme follows the convention of treating Economics as a ‘science’ rather than an ‘art’, signifying a more quantitative/analytical approach. It is loosely comparable with the traditional BA (Hons) Economics, or “Economics Honours”, offered by many Indian universities.

Curriculum

Popular electives include Further Mathematics for Economists (PDF Link), Machine Learning (PDF Link), Business Analytics, Applied Modelling and Prediction (PDF Link) and other Management and Finance courses offered.

The academic session for this programme will start with two weeks of Foundation Courses in Applied Mathematics, Logic and Statistics.

Eligibility

To pursue this programme, you must have studied Mathematics up to Class XII. There is no other stream or subject-related eligibility criterion. Having studied Economics previously is not necessary.

You are a good fit for this programme if:

• You are deeply interested in how the world economy functions and how economies of different countries are interconnected
• You enjoy mathematical problems. Note – this is not so much about scoring high marks in Mathematics as much as it is about having an interest in the subject.
• You wish to contribute to solving pressing social and economic issues such as poverty, inequality, healthcare, education, inflation and economic growth
• You want a headstart to prepare you for a Master’s degree in Economics or related disciplines

Career Paths

Postgraduate Study

Having received an LSE undergraduate education, you will have a significant edge when applying for Master’s programmes around the world after graduating. You could look to pursue postgraduate studies and a doctorate in economics, or branch out into allied areas such as data science, finance, development, policy, management and business administration (MBA). 

Work

A rigorous undergraduate education in economics equips one with a rather enviable set of skills – modelling, critical thinking, problem-solving, breaking down a complicated real-world phenomenon into fundamental building blocks, and continuously and consciously applying theoretical ideas to the world we live in. Given the breadth of the uses of these skills, economics opens one up to a world of work opportunities.

• Economics Research (Academic or Corporate)

• Data Science

• Financial Analysis/Research

• Private Equity

• Management/Strategy Consulting

• Digital Marketing

• Policy Research

• Business Analytics

• Actuarial Science

• Corporate Banking

• Market Research

• Entrepreneurship

• Development Work, including with International Agencies

• Big Data Analytics

• Investment Banking

• Investment Management

• Marketing

Student Impressions

The journey was very eventful. I spent sleepless nights studying, and that’s how I achieved the LSE scholarship. I would like to mention my teachers, who were very supportive throughout these 3 years of my life.

There was no disconnect moving from academic years to professional years. I was taught to think critically, and be aware of what’s happening around the world. Today, when I look back, I think a lot of what I am able to connect to is because of my learning at ISBF.

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