2 weeks Ago
Economics is becoming a popular choice at the Indian Institute of Technology (IIT)-Bombay, surpassing several traditional engineering disciplines. Known primarily for engineering, the institute is witnessing a shift in student preferences . This year, the Economics program at IIT-Bombay opened at a higher Joint Entrance Examination (JEE) rank than disciplines such as Environmental and Civil Engineering .
Shireesh Kedare, IIT-Bombay's director, noted, "Our Economics department opens a lot higher than many engineering colleges." Data shows that after Computer Science, Electrical, and Mechanical Engineering, Economics and Chemical Engineering are the next most preferred courses. The BS (Economics) program gained significant interest, particularly among female students.
Admission for the general category started at a rank of 1,562, with Energy Science beginning at 1,905, Civil Engineering at 2,244, Environmental Science at 3,424, and Metallurgical Engineering at 2,690. Deputy director Milind Atrey highlighted the high admission ranks for Economics students, ranging between 1,000 and 2,000, and praised their strong JEE (Advanced) scores. "These students score just 2-4 marks lower in the JEE (Advanced) compared to all-India ranks of 500-600.
It's clear that high scorers are recognising the value of a curriculum that combines finance, analytical skills, and strong communication, opening up diverse career paths," said Atrey. The program's alumni frequently pursue PhDs at prestigious universities or secure roles in banks, consulting firms, and investment banking. Haripriya Gundimeda, IIT-Bombay chair professor, mentioned the growing national popularity of the Economics program.
"Initially, there was some apprehension when BS (Economics) was newly introduced, as many aspirants were unaware of the program at IITB. However, after the third and fourth batches, the experiences shared by senior students, impressive placement records , and the skill advantage they gain for consulting roles have made this not only a popular pick but also a sought-after elective among engineering students," she explained. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Basics of Generative AI : Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Web Development A Comprehensive ASP.
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Gupta, Professor: Department of Finance and Business Economics, University of Delhi View Program At IIT-Bombay, 'Principles of Economics' is a required course for all engineering students. The Department of Economics also offers a minor in Economics and various electives. BS (Economics) students develop skills that are also valued in engineering roles.
Gundimeda concluded, "But given the nature of training and their suitability for consulting and fintech firms, the Economics program is able to attract lucrative jobs." (You can now subscribe to our Economic Times WhatsApp channel ).
