Master of Science in Economics (MSEC)

Program Overview

The programme is intended to develop skills in economic theories and principles and the mathematical and statistical tools required to carry out research and complex analyses. Following are the salient features of the programme.

Salient features

Has practical relevance for solving economy issues and problem
MS Economics is focused on developing research skills
Focus on quality research in economics
Conducive research environment
Department is well known for producing MS graduates of superb quality within the stipulated time
Preparing students for embarking their PhD

Eligibility criteria

16 years degree in business administration, administrative sciences, public administration, or relevant discipline from an accredited educational institution.
NTS (GAT General test) with 50% marks

Career prospects / Opportunities

An earned Graduate degree in economics has the potential to unlock many doors for graduates. Options include careers in business, finance and government. Career prospects include:

Commercial Banks
Investment banks
Government
Think Tanks
International Financial Institutions (United Nations, IMF, World Bank, ADB etc)
Consultancy Firms
Non Governmental Organizations (NGOs)
Academia
Policy making and research institutes
Entrepreneurial ventures
Public Administration

Programme Structure

Category	Number of Courses	Credit Hours
Core Courses	05	15
Elective Courses	3	9
Thesis		06
Total	8	30

Faculty Profile

Currently, there are 66 full time faculty members teaching in MS department and management-related courses in other departments

8 faculty members with foreign doctoral degrees from USA, UK, Germany, Malaysia, Japan, and China
7 faculty members with an indigenous doctoral degree
11 faculty members hold foreign MS degrees from USA, UK, Canada, Germany, Sweden, and Australia
16 faculty members have MS degrees from well reputed Pakistani universities
24 have MBA or equivalent qualification
Most non-PhD faculty members have very good corporate experience which add value to the students learning
Foreign faculty from Germany, USA, UK, Australia, and Malaysia and other developed countries regularly delivers lectures

Teaching Methodology

Methods of teaching include, but are not limited to:

Lectures
Case studies
Class discussions
Group studies
Assignments
Quizzes

This methodology enables students to develop the following transferable and intellectual skills by integrating them in the curriculum of different offered courses:

Conceptual skills
Human skills
Technical skills (subject related know-how)
Analytical skills
Reading/Writing Skills
Computer Skills
Communication Skills
Listening skills
Research Skills

Assessments

Typically, students are assessed based on the following criteria:

Items	Percentage
Midterm	25
Final Exam	50
Homework/Assignments/Quizzes	25

Curriculum Development

Suggestions/proposals are collected from faculty and academic area in-charges. These suggestions/proposals are discussed in the Departmental Academic Review Committee (DARC). If accepted by the DARC, these recommendations are then forwarded to the Board of Studies (BOS) for further consideration. Accepted proposals are then forwarded to the Board of Faculty (BOF). If approved by the BOF, recommendations are then finally get approved by the Academic Council to be included as part of the curriculum.

Quality Assurance

Quality of education under this programme is monitored at the departmental and institutional level.

Academic Area heads are appointed to monitor content and quality of the courses
Fortnightly Review Report (FRR) is generated to ensure coverage and monitor delivery of lectures
Fortnightly Review Report (FRR) is discussed in detail in Departmental Academic Review Committee (DARC) meeting
Academic area heads provide feedback to the faculty which incorporate and adjust the contents accordingly