College of Economics and Social Development
BS (Mathematics & Economics) is an inter-disciplinary undergraduate program for students with robust mathematical skills and keen interest in economics. This program is a perfect blend of pure and applied mathematics which does not only ensure a solid quantitative foundation for both disciplines but also provide phenomenal coverage of Statistics, Actuarial sciences and Finance. The training this degree provides is a unification of critical economic analysis and strong mathematical skills, which can help student pursue an esteemed position in financial services industry, growth and development centers, business enterprises, as well as public sector. Graduates with this degree are increasingly valued by employers because of their critical reasoning and sound knowledge as much of the economic theory is currently presented in terms of mathematical models. This opens more career options than the ones traditionally available to either mathematics or economics majors. This degree is also a paragon for those who aim for Master/ Doctoral degree in Economics, Finance, Mathematics, Statistics, Actuarial Sciences or other related fields.
The BS (Mathematics & Economics) is a four-year program. Applicants who have successfully completed H.Sc with minimum 50% marks in Pre-Engineering or in General Group (with Mathematics) or A-Levels with a minimum 2 Cs in three principal subjects (with Mathematics) are eligible to apply for admission. Graduation requirement is the completion of 141 credit hours of course work and 3 credit hours of project approved by college. Students must take a minimum load of 12 credit hours (four courses) or a maximum load of 18 credit hours (six courses) in a semester. In order to obtain the BS degree in four years, a student is required to cover twelve courses in a year. Full load of six courses can be taken each in the Fall and Spring semesters with an option of four courses in the latter and making up for the short fall in summer session. Students must maintain a CGPA of 2.5 for the conferment of degree.
BS Mathematics and Economics students learn to:
An ability to develop mathematical thinking, evolving from a computational / procedural understanding of mathematics to a broad understanding that involves logical reasoning, generalization, inference and formal proof.
Learn the fundamental aspects of economics, formulation and use of quantitative models arising in social science, business and other contexts.
Acquire an understanding of basic pure mathematics, and of the role of logical argument in mathematics.
Learning Outcomes for Business Analytics Students include:
An ability to communicate effectively with the educational and business community and with society at large about mathematical and economical principles, concepts, and solution to problems with precision and adherence in written, oral and graphical form about concrete questions and to prepare well-organized written arguments that clearly state assumptions/ hypotheses supported by evidence.
An ability to optimally apply economic analysis to everyday economic problems in the real world. This shall allow them to understand current events and evaluate potential policy proposals. Moreover, an appreciation shall be developed to evaluate the role played by assumptions in situations that reach various conclusions to a specific economic or policy problem.
Be equipped with skills to apply optimization models to consumer, producer, and market theories and to use game theory to analyze the strategic behavior of individuals and firms.
Be equipped with the investigative skills necessary for conducting original economic research and participating effectively in project teams.
The BS (Mathematics and Economics) is a four-year program. Applicants who have successfully completed H.Sc with minimum 50% marks in Pre-Engineering or in General Group (with Mathematics/Statistics/Computer Science) or A-Levels with a maximum 2 ‘C’s in three principal subjects (with Mathematics/Statistics/Computer Science) are eligible to apply for admission.