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IILM University

speciality: Economics

4.8

What Is an Economics Degree?

Are you passionate about the business and finance sector? Do you follow the national and international news? Then, an Economics degree is the answer. It has always been one of the most sought-after degrees amongst youth. 

Economics degrees are designed to tackle all the issues that have an impact on financial situations, ranging from production to how resources are used. Candidates are trained to understand how the economy suffers fluctuations based on the market’s needs and wants followed by the market’s supply and demand.

By far one of the most crucial elements is that economics is divided into microeconomics and macroeconomic. Microeconomics deals with the economic behaviour at an individual level (companies, buyers, sellers and others), whilst macroeconomics illustrates the bigger picture, on a national or global scale (unemployment, economic growth, inflation and so on).

Benefits of an Economics Degree

Having an economics degree increases anyone’s chances to find a job, regardless of the field. This is mainly due to the fact that graduates hold many transferable abilities, such as analytical and problem-solving skills, that are suitable for any career. 

A study made by the London School of Economics and Political Science showed that graduates from an economics course have a starting salary of £33,000 per year. Having a job in the field right after graduation is a major positive aspect and comes with a lot of opportunities for career advancement.

Economics Degree Structure

Economics degrees are usually a three years commitment and sometimes are offered as part of a joint degree. This means that Economics can be studied along with another subject such as engineering, management, law, computer science and others.

This degree can be found either as a Bachelor of Science (BSc) or Bachelor of Arts (BA). The BSc focuses more on economical theory and statistical techniques, while BA is combined with social sciences and qualitative modules. 

8 Student Reviews

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  • masters in ...
    business administration
    Mohd
    MBA Curriculum at IILM University Greater Noida

    I am an mba student at iilm university greater noida and my experience at IILM till now is quite satisfying because of industry driven professional environment at campus and highly qualified and experienced faculty members and IIlm also provides good intership and final placement opportunities for its students .

    View more
    Programme: masters in business administration
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
    Overall
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  • Accounting and ...
    Management
    Nakkavenkata
    Despite being a new player in the game

    Despite being a new player in the game, IILM University’s MBA program is making a name for itself with its demanding academics, diverse specializations, and industry-focused approach. They offer a challenging and enriching experience with a selective admissions process and a curriculum inspired by top business schools. You can tailor your education with their variety of specializations, from data analytics to entrepreneurship, preparing you for your desired career path. They further enhance your learning with industry interaction through guest lectures, company visits, and practical courses, equipping you with valuable real-world knowledge and professional connections. Additionally, IILM emphasizes developing well-rounded individuals with strong leadership and communication skills.

    However, before making a decision, consider these key points:

    Brand recognition: Compared to established institutions, IILM is newer, which might initially impact job prospects.
    Cost: The program comes with a higher tuition fee than some other private Indian universities.
    Alumni network: As a young university, their alumni network is still developing, potentially limiting career support options.
    Location: Choose from their campuses in Gurgaon, Greater Noida, or Delhi depending on your preference.
    Class size: The average class size of 30 allows for personalized attention from faculty.

    Weigh these factors carefully and conduct further research to determine if IILM’s MBA program aligns with your academic and career goals

    View more
    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
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  • Accounting and ...
    Management
    Monika
    holistic learning

    Holistic Learning Environment: IILM fosters an environment where students not only gain theoretical knowledge but also develop practical skills. The emphasis on experiential learning prepares graduates to tackle real-world challenges.
    Case Studies and Projects: The MBA curriculum includes engaging case studies and hands-on projects. These provide insights into business scenarios and encourage critical thinking.
    Global Outlook: IILM encourages global exposure through exchange programs, international faculty, and collaborations. Exposure to diverse cultures and business practices broadens students’ horizons.
    Career Development Services: The university’s career services team assists students with resume building, interview preparation, and job placements. Regular workshops and mock interviews enhance employability.
    Alumni Network: IILM’s strong alumni network provides a platform for mentorship, networking, and industry connections. Alumni often return to share their experiences and guide current students.

    View more
    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
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  • Accounting and ...
    Management
    Manali
    A Promising MBA Program

    IILM University is a relatively new institution, but its MBA program has quickly gained a reputation for its academic rigor, diverse specializations, and industry focus. The program offers a challenging and enriching learning experience, and students can choose from a variety of specializations to tailor their education to their specific career aspirations. IILM also emphasizes practical learning through industry interaction, which provides students with valuable insights and professional connections.

    However, there are a few factors to consider before choosing IILM for your MBA. First, the university’s brand recognition is still developing, which could impact initial career prospects. Second, the program comes with a higher tuition fee than some other private universities in India. Finally, IILM’s alumni network is still developing, which could be a factor if you value a strong alumni network for career support and mentorship.

    Overall, IILM University offers a promising MBA program with a few considerations. It is important to weigh these factors carefully and conduct further research before making your decision.

    Here are some additional factors to consider:

    Location: IILM University has campuses in Gurgaon, Greater Noida, and Delhi. Consider which location is most convenient for you.
    Class size: The average class size at IILM is 30 students. This allows for more personalized attention from faculty.
    Faculty: IILM’s faculty are experienced and qualified professionals. Many of them have industry experience, which they bring to the classroom.
    Facilities: IILM has modern facilities, including classrooms, libraries, and laboratories.
    Student life: IILM offers a variety of student activities, including clubs, sports, and cultural events.

    View more
    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
    Overall
    Professors
    Internationality
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    Value
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  • Accounting and ...
    Management
    Himanshu
    Where Academics and Campus Life Converge

    IILM University, known for its diverse academic programs and practical learning opportunities, offers a positive experience to students. The campus boasts excellent infrastructure, well-maintained hostels, and a comfortable hostel life. While faculty quality varies, the university’s placement record is commendable. Notable companies hire students for internships, contributing to an 8/10 placement rating. In summary, IILM University provides a mix of academic excellence and memorable campus life, making it a worthwhile choice for MBA aspirants!

    View more
    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
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  • Accounting and ...
    Management
    Devrath
    Navigating Excellence: Insights into IILM

    IILM University based on student experiences: Established in 1993, IILM University has gained 28 years of expertise in training future entrepreneurs and managers. The campus offers diverse academic programs, including a 4-year Bachelor of Design in Product Design and an MBA program with single and dual specializations. Students appreciate the amazing infrastructure, well-maintained hostels, and practical learning opportunities. While faculty quality varies, the overall experience is positive. Notable companies hire students for internships, contributing to an placement rating. Hostel life is comfortable, with good and healthy food. In summary, IILM University provides a mix of academic excellence, memorable campus life, and valuable practical exposure, making it a worthwhile choice for MBA aspirants! 🎓🌟

    View more
    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
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    Internationality
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  • Finance
    Harsh
    IILM University Honest Review

    IILM’s industry-aligned curriculum, designed in collaboration with leading professionals, ensures that students graduate with the skills and knowledge sought by employers. Regular industry interactions, guest lectures, and internships provide invaluable exposure to the professional world, giving students a head start in their careers.

    View more
    Programme: Finance
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
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  • Accounting and ...
    Management
    Aditya
    Beyond the Lecture Hall, Building Future

    Forget cookie-cutter campuses, IILM University is a dynamic construction site where students build their career skyscrapers. My journey there wasn’t a pre-designed blueprint, but a thrilling process of laying foundations, navigating challenges, and ultimately, erecting my professional edifice.

    View more
    Programme: Accounting and Management
    Degree: Master's
    Graduation: 2025
    Delivery Type: On Campus
    Campus: Greater Noida
    Overall
    Professors
    Internationality
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