Diploma in Quantitative Economics In Pune | Symbiosis

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Diploma in Quantitative Economics


Diploma in Quantitative Economics fills a critical gap in the market for undergraduate training in economics. The diploma is designed towards addressing the gaps in the Economics taught in various institutes where more of theoretical knowledge is imparted and less or no quantitative skills are taught. This programme provides a thorough foundation in the fundamental ideas and methods of modern economics and simultaneously helps to understand how to apply economic reasoning to practical problems. It essentially develops the necessary mathematical and statistical toolkit for studying economics. This rigorous and intensive training, spread over one year. The diploma intends to equip the students with better analytical skills which is expected to help the students get better admission opportunities in India and abroad, with respect to post–graduate programmes: Masters in Economics, MBA, Banking & Finance, etc. The diploma looks at providing useful inputs to students who take a drop year to fill in the gaps and students who are looking for meaningful programmes after college hours in the city of Pune.


Objectives of the Programme:
  • Understand the core methods of Quantitative Economics, Statistics and Econometrics and Mathematical Economics including their strengths and limitations, at a level appropriate for a social science graduate.
  • Understand how these tools and mathematical notions can be applied to test economic theories and measure economic magnitudes, and have some knowledge of methods and results in selected areas of the applied economics literature
  • Distinguish appropriate mathematical and statistical methods to provide a framework for understanding and characterizing this uncertainty.
  • Have some practical experience of the application of econometric methods based on practical hand on experience with software packages.

Eligibility:
Any UG with exposure to Economics/ Mathematics/Statistics with 45% Marks and Mathematics in Higher Secondary (Compulsory).

Selection Procedure: Students are selected based on merit
Medium of Instruction: English
Fee Structure: Rs. 40000



Assessment Method:
  • All internal courses1 will have 100% component as internal evaluation at the institute level.
  • All external courses will have 40% internal component and 60% component as external [university] examination.
  • 40% score is the minimum requirement for passing each course (internal and external separately).
  • Grade will be assigned based on relative performance.
  • Maximum grade point (GP) is 10 corresponding to ‘o’ (outstanding) for all courses.
  • A student is required to pass both internal and external examination separately with a minimum grade point of 4 corresponding to grade p.

Programme Structure

Semester I

 

Catalog Course Code

Course Code

Course Title

 

Credits

 

Internal

Marks

 

External

Marks

 

Total

Marks

Semester I

T2534

060271101

Foundations of Mathematics

4

40

 

 

 

40

60

100

T7174

060271102

Applied Statistics

3

30

 

 

 

40

45

75

T6040

060271103

Microeconomics

2

20

 

 

 

40

30

50

T6157

060271104

Macroeconomic Theory

4

40

 

 

 

40

60

100

T6040

060271105

Mathematical Economics

4

40

 

 

 

40

60

100

 

Total

 

17

170

255

425

Semester II

T6135

 

060271201

Econometrics

4

40

 

 

 

40

60

100

 

060271202

Operations Research

2

20

 

 

 

40

30

50

T6075

060271203

Managerial Economics

2

20

 

 

 

40

30

50

 

060271204

Project Work

5

50

 

 

 

40

75

125

 

Total

 

13

130

195

325

Summary

Semester

Internal Credits

External Credits

Total Credits

Total Marks

Semester I

6.8

10.2

17

425

Semester II

5.2

7.8

13

325

Total

12

18

30

750

*This course structure has to be approved by the statutory committee of the University