For those aspiring to pursue advanced degrees in economics, or careers as economists, ISBF’s Graduate Diploma in Economics works as a great stepping stone. It equips students with in-depth understanding of theoretical as well as applied economics, and helps them explore solutions to problems that the world faces today. Students are able to leverage economic theory in formulating answers to queries like:
- Economic theory suggests that sustaining low interest rates can lead to high inflation. Then how is the US economy able to achieve the twin objectives of near zero interest rates as well as low rate of inflation since 2008?
- Do people get sick by smoking, or do sick people have greater tendency to smoke? Can we use an econometric model to determine the direction of causation?
- Shah Rukh Khan asked renowned economist, Arunava Sen to devise his approach for IPL franchise auctions. What secret optimisation strategy did Sen use?
The programme prepares students for the rigour that is required in the professional and academic arenas related to economics. ISBF attracts students from the some of the best undergraduate programmes in the country. This includes Delhi University colleges such as Shri Ram College of Commerce, Lady Shri Ram college, Jesus and Mary College, Hindu College and Sri Venkateswara; Delhi Technological University; St Xavier’s College, Mumbai; IIT-Roorkee; and Christ College, Bengaluru. ISBF students of this programme go on to pursue Master’s at leading international universities or take up plum assignments at blue chip companies.