BA (Hons) Business Economics


The three-year full time BA (Hons) Business Economics at GD Goenka World Institute mirrors the internationally acclaimed business undergraduate programme at Lancaster University. The degree is awarded by Lancaster University and is recognized internationally for work or more advanced study.

The programme integrates contemporary knowledge across business disciplines such as statistics, accounting and finance, economics, marketing, management, and human resource with a high content of economics courses in the second and third years. It provides students’ comprehensive knowledge and appreciation of theory and practices in business management and administration with a strong focus on matters pertaining to economics.

It is an intense and highly demanding programme that entails substantial self-study, reflective and peer-to-peer learning through class discussions and individual and group written assignments and class presentations. Students are provided support to transition to a system of education that could be substantially different to other undergraduate programmes. GD Goenka World Institute offers the following two compulsory foundation courses to help students transition into this contemporary, demanding and one of the foremost undergraduate management programmes in the world: Mathematics and Data Analysis; Business Communications and Soft Skills.

The Institute also operates a ‘Buddy Programme’ through its “Student Welfare Centre”. Under this programme an academic staff member works one-on-one and shadows a student all through his stint at the Institute.


Students who qualify (based on class performance, performance in assessments, discipline, attendance records etc.) are eligible to transfer to Lancaster University in the final year of their programme. Students who transfer will be required to pay the fees charged by Lancaster University and will be entitled to all benefits that students studying in the UK Campus are entitled to.

First and second years undergraduate management students can apply for a competitive and merit based three week “Summer School” attachment at Lancaster University. The Summer School attachment provides students the opportunity to engage in study, co-curricular and extra curricular activities with students in Lancaster University’s UK Campus and students from Lancaster University’s offshore operations in countries such as China, Singapore, Malaysia and elsewhere.


Lancaster University’s business qualifications open up opportunities for rewarding careers in private sector organisations in India and abroad. The Institute’s “Placement and Industry Internship Centre” supports students in various ways (though industry visits, competency building workshops, workshops on soft skills and communication etc) to seek and compete for positions and internships in India and abroad.

Past graduates hold executive positions in a top-tier service, manufacturing and consultancy organisations such as Deutsche Bank, JWT, HSBC Bank, Mazars, Standard Chartered Bank, Capital IQ, Grail Research, Tata Power Corporation, American Express, India Bulls, HDFC Bank, and ICICI Bank.


  • ECON 102 Principles of Economics
  • MSCI 110 Business Analytics
  • ACF 100 Introduction to Accounting and Finance
  • MNGT 120 Business and Management: An Introduction to Theory and Practice

  • ECON 207 Managerial Economics
  • ECON 208 Business and International Macroeconomics
  • ECON 209 Applied Business Economics
  • ECON 212 Introduction to Econometrics
  • MNGT 213 Data Analysis for Management
  • ACF 214 Principles of Finance
  • MKTG 222 Marketing Fundamentals
  • MSCI 203 Introduction to Business Analysis and Technical Writing
  • ECON 331 Industrial Organisation
  • ECON 332 Economic Growth and Development
  • ECON 333 International Economics
  • ECON 334 International Business
  • ECON 326 Monetary Macroeconomics
  • ACF 213 Management Accounting for Business Decisions
  • ACF 302 Corporate Finance
  • MKTG 227 Marketing Management Essentials