BITS Pilani

  • Page last updated on Thursday, May 25, 2023

Department of Economics and Finance

Innovate. Achieve. Lead.
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About us

The Economics and Finance Department at BITS Pilani - Hyderabad Campus offers MSc (Hons) Economics as a first degree. Minor in Finance and PhD programme. The diversity of specializations of the departmental faculty has promoted multi-faceted research at the Department and has brought a certain depth to the courses as well. Along with research, the Department recognizes the growing demand for trained manpower in education, industry, government and other sectors as well as nurturing future researchers and specialists in Economics, Finance and Management. The teaching methodology pursues to provide students with a strong conceptual foundation and to create a continuous interest and involvement with the real life applications of Economics, Finance and Management. For more details about our Department, we request you to go through this website.
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Economics Association

The Economics Association, as the name suggests, is the association for the MSc Economics students at Hyderabad campus. The primary aim of the association is to inculcate and nurture an interest in the economics and finance world among all students on campus, not just those studying economics. Towards this end, various events are held, both as part of ATMOS, as well as in general. Events conducted during ATMOS include Courtroom, Arthashastra – The Business Quiz and workshops on finance. In addition to this, there are several guest talks and workshops conducted throughout the year by some of the best names in the field of finance and economics in the country and abroad. Panel discussions are also held on regular basis to keep abreast with various developments and be familiar with the different point of views and perceptions. The association also maintains a blog, where articles written by our students and guest contributions are posted regularly.  In addition to this, the association also conceived and organized the flagship edition of its financial conclave, Finnovate, in February 2017. Finnovate will continue as an annual event with eminent speakers talking on contemporary issues and exciting quizzes/competitions for students. 

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The placement record of the students enrolled in M.Sc. Economics has been quite good. The curriculum and training at BITS Pilani Hyderabad help students to develop skills essential for charting successful career. The students’ participation in unique innovation of Practice School gives an early industry exposure to BITSians giving them an edge in professional workplace. 
Past Recruiters
Following are some of our past recruiters:
Credit Sussie
Deutsche Bank
JP Morgan Services
JP Morgan CIB
Wells fargo
Futures First
Edelweiss Capital
Morgan Stanley Capital Investments
Placement Statistics

M.Sc. Economics (Placement year 2016-17 to 2020-21)

All the students either got placed or went for higher studies


Average CTC*

Maximum CTC

AY 2016-17



AY 2017-18



AY 2018-19



AY 2019-20



AY 2020-21



*: Based on overall packages offered by companies,

 irrespective of students recruited 

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4th Annual Conference

The Department of Economics and Finance is organizing its Fourth Annual Conference on Economics and Finance during February 9-11, 2023 on the theme “Recent Developments in Economics and Finance”.
Call for Papers 
Previous Editions
3rd Annual Conference in Economics and Finance 
2nd Annual Conference in Economics and Finance
1st Annual Conference in Economics and Finance


Ph.D. Admissions 
Click here for more details
Click here for Flyer 
Current JRF/SRF & Other Openings

Schedule a Seminar

To schedule a seminar, please contact our seminar coordinator:
Associate Professor and Head 
Birla Institute of Technology & Science, Pilani,Hyderabad Campus
Jawahar Nagar,Medchal District,Telangana-500078
E-mail : hod.ecofin@hyderabad.bits-pilani.ac.in
Phone: +91 40 – 66303699 (Office)
Fax: +91 40 66303998 


  • 4th Annual Conference in Economics and Finance will be organised from February 9 to February 11, 2023.

  • The Department of Economics and Finance organized a lecture series and department visit by Prof Sugata Marjit (IIFT, Kolkata) from January 27 to 28, 2023. Prof Marjit delivered lectures on Advanced General Equilibrium: Theory and Applications.

  • 3rd Annual Conference in Economics and Finance will be organised from March 22 to March 24, 2022.

  • Dr. Saheli Bose (Centre for Studies in Social Sciences, Calcutta) gave a talk on ‘Culture, Caste and Drinking Water’ on February 24, 2022.

  • Prof. T. Jayaraman (M.S. Swaminathan Research Foundation, Chennai) gave a talk on ‘COP26: Challenges and the Way Ahead for India” on February 3, 2022.

Recent Publications

  • Vivekananda Mukherjee and Saumyabrata Chakrabarti (2021). Role of Transportation Infrastructures in Birth of Census Towns in West Bengal. Asia-Pacific Journal of Regional Science, Springer-Japan.

  • Karuna Bohini, Hussain Yaganti and Mini Thomas (2021). India’s Demographic Dividend: The Millennials’ Savings Conundrum. Millennial Asia, Sage.

  • Mini Thomas and Radhika Gupta (2021). Financial inclusion through Urban Cooperative Banks: Insights from Telangana. Economic and Political Weekly.

  • Shreya Biwas (2021). Female Directors and Risk-taking Behavior of Indian Firms. Managerial Finance, Vol 47, Issue 7.

  • Md Zakaria Siddiqui, Shreya Biswas and Sunny Jose (2021). Alarming Hunger in India- Real or Methodological Fallacy? Economic and Political Weekly, Vol 56, Issue 50.

  • Shreya Biwas (2021). Can R&D Investment Reduce the Impact of COVID-19 on Firm Performance? - Evidence from India. Journal of Public Affairs.

  • Shreya Biwas and Upasak Das (2021). Adding Fuel to Human Capital: Exploring the Educational Effects of Cooking Fuel Choice from Rural India. Energy Economics.

  • Nivedita Sinha and Shreya Biswas (2021). Bilateral relations and Venture Capital financing. Book chapter in Entrepreneurial Finance, Innovation and Development: A Research Companion, edited by Ngo Vi Dzung and Duc Nguyen.

  • Bincy George, Sudatta Banerjee and Rishi Kumar (2021). Determinants of impact of natural disaster in SAARC countries with special reference to India. The Economic Research Guardian, 11(1).

Sponsored Projects


  • “Can Access to Safer Public Transport Improve Female Labour Force Supply in Urban India?” by Rishi Kumar, Vastav Ratra & Dev Gupta (Grant: Rs. 1,00,000/-; Funding agency: Azim Premji University’s Research Funding Programme 2021).

  • “Minority Investor protection and Business group ownership structure in India” by Nivedita Sinha (Grant: Rs. 8,50,000/-; Funding agency: BITS-Additional Competitive research grant).

  • “Socio-Economic Impacts of Cyclones and the Coping Strategies of the Local Communities in Odisha, India with a Special Focus on Women” by Archana Srivastava, Prof. Dola Gobinda Pradhan & Rishi Kumar (Grant: Rs. 10,00,000/-; Funding agency: Shastri Indo-Canadian Institute).

  • ““Post-COVID Workplace: Implications of Long-Term Work from Home in India's IT sector” by Swati Alok, Sudatta Banerjee, Sreerupa Sengupta, & Ananya Chakraborty (Grant: Rs. 4,05,000/-; Funding agency: Goa Institute of Management).

  • “Women’s Falling Participation in Labour Force in India: A Ground Level Investigation into Factors and Obstacles in Bihar, Madhya Pradesh and Telangana” by Rishi Kumar,Archana Srivastava, Sudatta Banerjee & Swati Alok (Grant: Rs. 11,86,290/-; Funding agency: NHRC).

  • Completed:

    • “Sustainability of Cashless Banking in Unorganized Retail Sector: A Comparative Study of Two Districts of Telangana” by Archana Srivastava & Dr. Rishi Kumar (Grant: Rs. 2,50,000/-; Funding agency: IIBF, Mumbai)

    • “Does Financial Awareness lead to Better Financial Inclusion Outcomes? An Investigation” by Durgesh C Pathak & Dr. Rishi Kumar (Grant: Rs.4,50,000/-; Funding agency: IMPRESS-ICSSR)

    • “Impact of the ex-gratia for farmers' suicide on the surviving family member of the deceased farmers in Telangana” by Dr. Thota Nagaraju (Grant: Rs.4,00,000/-; Funding agency: IMPRESS-ICSSR)



  • Dr. Sunny Kumar Singh has joined as an Associate Editor to the journal titled “SN Business & Economics”, a springer journal.

  • Sanjay Mansabdar & Dr. C Hussain Yaganti won the 2nd position for the Best Paper Award for SEBI-NISM Conference on Changing Landscape of Securities Market during January 22-24, 2020 for their paper titled “Heterogeneity of Cash Markets at Physical Delivery Points and the Hedging Effectiveness of Agricultural Commodity Futures in India – Lessons for Contract Optimization”.

  • Prof V S Rao Foundation Best All-Rounder (Female) Award – 2020 awarded to Ms Vijitha Gunta, student of Eco & Fin Dept, based on the assessment of all-round performance. The award carries a cash prize of Rs 50,000/-.

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