Post Graduate

MSc Economics (International Business Economics & Finance)

This new programme to be offered from the academic year 2016-17 is a unique course designed for careers in international trade, foreign portfolio investment, foreign direct investment, international technical/financial collaboration and joint ventures, international finance and portfolio management, etc. In addition to the learning of advanced economic theory and its applications, the curricular structure of the programme is designed to provide critical learning in the domain of international trade policy, practices and regulations, international corporate finance, international economic institutions, etc.

In addition the Institute is also likely to conduct some workshops on the topics related to International Trade and Finance as add-on-benefits . The following workshops are generally conducted:

1) Financial modelling and Computational Finance
2) Trade Data Analysis
3) Fundamental Linkages of International Finance & Capital Markets

Please note the Institute deserves the right to decide the exact time line (semester wise) to offer the workshops and even not to offer the same under some unavoidable circumstances. Once offered they are compulsory for IBE&F students and certificates (if issued) will be given only after successful completion.

Syllabus M.Sc. Economics (International Business Economics & Finance)

Students share their personal experiences about M.Sc.(Economics) International Business Economics & Finance program

Returning to GIPE for my MSc Economics was a deliberate choice, informed by my rewarding experience as a BSc Economics student. The faculty’s dedication to fostering a deep understanding of economic principles was a significant factor in my decision.

The program’s strength lies in its ability to build a solid foundation in core economic concepts. While subjects like statistics, econometrics, and financial econometrics are inherently demanding, the professors’ clear and structured approach made these subjects accessible. I particularly recall the challenge of mastering time series analysis, which, through their guidance, became a manageable and insightful area of study.

The curriculum with specialization in International Business Economics and Finance effectively bridges theoretical knowledge with practical applications in finance and international business. This has provided me with a comprehensive understanding of global economic dynamics and equipped me with the analytical tools necessary for professional success.

Beyond academics, the institute offered opportunities to cultivate essential soft skills. Participation in student committees and initiatives has enhanced my ability to collaborate, communicate effectively, and address complex problems. This experience has been invaluable in preparing me for the demands of a professional environment.

The intellectual environment at GIPE, situated in the academic hub of Pune, encourages critical thinking and rigorous analysis. For those seeking a rigorous economics program with a focus on international business and finance, and a commitment to developing well-rounded professionals, GIPE is an excellent choice.

Pratyusha Pathak (MSc Economics (IBEF), 2023-25):

I am thrilled to be a part of Gokhale Institute of Politics and Economics(GIPE), a prestigious institution shaping future economists.

The M.Sc. Economics program with specialization in International Business Economics and Finance has been an enriching and transformative experience. The curriculum is well-structured, blending theoretical insights with practical applications, equipping us, the students, with the analytical skills required in the global economic landscape. The faculty is highly knowledgeable and supportive, fostering an environment that encourages critical thinking and research.

This course provides an excellent foundation for careers in finance, international trade, policy analysis, and academia. I highly recommend this program to anyone looking to advance their expertise in economics and finance. Future applicants will find this program to be a stepping stone to exciting opportunities in the global market.

Ashwin Thomas

I’m grateful to be part of the deemed University Gokhale Institute of Politics and Economics. I chose to study MSC International Business Economics and Finance (IBEF), and I find it to be a really valuable program. Many students find it hard to understand the course structure and curriculum, but I’m happy to shed some light on it.  This course provides in-depth knowledge about international trade, as well as real-world trading strategies both domestically and internationally. This course helps us to specialize in Financial Derivatives and Financial Econometrics, which are linked to Trade policy. This helps us understand how to quantify volatility in the global financial markets.  IBEF also provides a detailed understanding of international financial markets, trade in commodities, and the Indian financial markets and trade.  We’re taught by prominent professors who are specialized in these fields and focus on imparting practical knowledge using data analytics tools like R studio, Python, and Tableau.  The course is cutting-edge and incorporates Machine Learning and AI in Business Analytics, giving us a practical approach to applying our knowledge.  I strongly recommend this course to anyone who is interested in Trade and Finance and wants to learn more about the international and Indian trading systems.

Richa Agarwal 

I am incredibly grateful to be part of the Gokhale Institute of Politics and Economics and to have studied International Business Economics and Finance (IBEF). This course has completely changed how I see the world, going beyond theories to connect economics with real-life scenarios. It has given me a clearer understanding of how businesses, financial systems, and global markets function in practice.

Through case studies, discussions, and hands-on learning, I’ve been able to apply economic principles to real-world situations, making learning both engaging and insightful. The structured yet practical approach has sharpened my analytical skills and deepened my curiosity about the financial world. I highly recommend this course to anyone who wants to truly understand how economics and finance shape the world around us.

Urnavo Chakrabarty

The opportunity to study at the Gokhale Institute of Politics and Economics (GIPE) has been a transformative experience for me.

More particularly, it was enrollment in the MSc Economics (International Business Economics & Finance) programme, and its associated virtues, which helped me realise my potential to the fullest possible.

Students are taught the use of several softwares and packages, which not only enhances their skills across domains, but also goes a long way in boosting one’s employability and skills.

What stood out for me is the emphasis on experiential and interdisciplinary learning, which not only opened up new vistas of learning for  me, but also imbued me with a sense of striving for excellence.

I would recommend the programme to anyone keen on immersing themselves in a truly global and all-encompassing education, which being administered by able faculty, truly expands one’s faculties of the mind.

Soham Shanbhag