(A State Govt. Statutory University of M.P.)

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Devi Ahilya Bai
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School of Economics  :

The School of Economics: UGC-SAP Supported Department

 (Four Decades of Excellence)

The School of Economics, a pioneering institute of Devi Ahilya University was established in 1976 as the University Teaching Department under the faculty of Social Science to impart quality education and research in the field of economics. The School of Economics had initiated the three conventional courses in Economics like M.A. M. Phil and Ph.D. (Economics). Since then the institute is imparting quality education to both students and researchers by offering a wide range of programmes in Economics.

 Due to economic reforms in 1991, the present day economics have witnessed a tremendous change, forcing India Corporate to redesign their strategies for competitive survival in the globe. The need exists to develop a cadre of management professionals who can understand, identify and analyze business policies under continuously changing economic environment. School of Economics (SoE) has always focused on creating excellence by offering many job oriented professional programmes to integrate economics with trade, finance and business. With these prospects, SoE initiated the following three job oriented professional programmes in the field of Economics and Management.

 MBA (International Business)

MBA (Business Economics)

MBA (Financial Services)

 The School of Economics has gradually developed itself as the only institute in central India providing professional courses with perfect blend of economics & management. The professional courses imparted in the institute have focused economics at the base level complementing with the upcoming streams in business management. The uniqueness of the courses emphasizes on subjects like Financial Economics, Econometrics, Business Forecasting, International Finance & Forex Management etc. The institute has experienced and highly qualified team of regular faculty members aided with eminent academicians and visiting faculties from industry. The students are enriched through regular classroom interactions supported by practical exposure through seminars, workshops, guest lectures from personalities of the Industry and industrial visits to various corporate houses. Also summer training programme in the first half of the course and a Major Research Project in the second half make these programmes more fruitful. The institute is proud to be associated with many governmental and private sector institutions for better interaction with industries.


The Institute’s Vision and Mission

The School of Economics has been envisioned as an Institute of Excellence with key focus on capacity building:


1.                  Creating an environment that nurtures, motivates and inspires development of managerial giftedness.

2.                  Inculcating best blend of management and economics.        



1.      Imparting comprehensive education for holistic development of an individual’s personality with a humane and global outlook. 

2.      Synthesizing in its educational process an entrepreneurial skill with focus on functional areas of economics in the field of Finance and International Business. 

3.      In cultivating the best blend of management and economic ideas in every student of the institution.

 Goals and Objectives: 

We, at School of Economics, believe in total development of the students promoting intellectual stimulation through organization of guest lectures and personality development programs with rigorous academic schedules and continuous industry interaction. Since inception, our motto has been to infuse confidence rooted in one’s ability and to foster endeavors in pursuit of excellence. 

  1. An effort to provide effective inputs to industry in the form of skilled and talented professionals to meet the new challenges of the growing economy.
  1. Creating a campus that allows everyone to develop a holistic perspective over subjects of ones functional skills in alignment with the overall economic environment.

UGC-SAP Supported Department: 

On the basis of our strength in Teaching, Research and Capacity building,   the UGC has selected this department for financial support under its Special Assistance Programme (SAP) at DRS Level for a period of five years on the theme “Environment, Development and Poverty”. The department has been organizing Seminars, Workshops and Research Studies on Natural Resource Management in the region under this programme. The department has now successfully completed first phase of this programme.


The institute is privileged to be in association with the following National Institutes. We have organized various programmes in coordination with them namely:-

1.      Department of Consumer Affairs, Government of India is supporting us to conduct training programme and seminar on consumer protection with support of Indian Institute of Public Administration (IIPA, New Delhi) for faculties and students.

2.      Forward Markets Commission (Mumbai), is supporting us in accomplishing activities on Commodity Derivative Trading in India.

3.      Indian Institute of Foreign Trade (IIFT) New Delhi has agreed to organize workshop on EXIM Policy and Thrust Markets for India.

4.      National Board of Trade, Indore is supporting us in providing training on Commodity Derivative Trading to our students.

5.      The institute is having a membership of Indore Management Association.  

6.      Madhya Pradesh Economic Association (MPEA) has selected this department for publication of its research journal.



Devi Ahilya Vishwavidyalaya, Indore

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