Economics is a study of mankind in the ordinary business of life ~ Alfred Marshall
Economics is evidently one of the most sought-after subjects, and India has a long history of delivering outstanding economists who have left their mark worldwide, which has driven the passion of students to seek a career in Economics. However, one thing that has perpetually baffled students is the degree they study for. Some colleges offer a BA (Bachelor of Arts) in Economics by others offer a BSc (Bachelor of Science) in Economics.
Are these one and the same thing? Is it just a variation in a name? Or is there really a difference in course content and application? Read on to find out the answers to these questions and more about the difference between the two!
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BA vs B.Sc in Economics: Introduction
Bachelor of Arts in Economics: A bachelor of arts degree in economics educates students to analyse economic processes. The historical contexts that have shaped the economy are covered in this course, in addition to the difficulties that an economy is currently facing. Students are introduced to the current state of the Indian economy as well as the international trade regulations that impact it through the well-designed BA Economics curriculum.
Bachelor of Science in Economics: A B.Sc in Economics, on the other hand, covers a variety of topics, including mathematics, statistics, banking, international finance, economic history, and foreign currency. With a more proactive approach to offering solutions to current problems rather than merely studying them, the curriculum is centred on real-world scenarios and case studies.
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The main distinction between a BA and a BSc in economics is that a BSc emphasises more practical knowledge while a BA focuses more on theoretical approaches.
BA vs B.Sc in Economics: Eligibility Criteria
Some colleges may accept applications only on the basis of merit, while others may take both merit and an entrance exam score into account. Let’s take a look at the eligibility criteria required for BA & B.Sc in Economics.
BA in Economics: With Mathematics as a required subject, 45%–50% overall in the 10+2 examination. In general, colleges take into account the top 4 subjects including mathematics.
B.Sc in Economics: For admissions, one must have a 10+2 from any recognised Board with a minimum overall score of 50 to 55%. Science, Mathematics, and English are required subjects.
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BA vs B.Sc in Economics: Career Opportunities
Let’s take a look at the top career opportunities available for BA & BSc in Economics:
BA Economics
- Sales Executive
- Budget Analyst
- Business Writer
- Economist
- Market Analyst
B.Sc Economics
- Data Scientist
- Medical Professionals
- Blockchain Developer
- Investment Banker
- Product Management
- Management Consultant
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When choosing between a BA in Economics and a B.Sc. in Economics, there is never just one option that is the best for everyone. The course that best fits the candidates' areas of interest and specialities must be chosen. You can check out a list of the top college across the country offering undergraduate programmes in Economics here. What's truly best for them is to choose the course based on what they want to do when they graduate. Both courses offer excellent chances and have a better market value.