BA (Hons.) Economics

At Universal AI University, we have designed AI-based programs such as BA(Hons) Economics to teach students the skills and knowledge they need to work well with AI’s help. Economics is multidisciplinary and has a wide ambit. It has multiple branches which uses the basics of the subject to model and understand different phenomenons. Economics is not just a subject but a way of thinking. AI will make better predictions and factor the effects of human feelings (that is, reflexivity) on the actual state of affairs. Our innovative approach combines classic liberal arts education with cutting-edge technology, preparing our students to prosper in today’s rapidly changing job market. Which makes us one of the best BA(Hons) Economics colleges in Mumbai, India

Graduates will be resilient in a world in which data is pervasive; able to adapt to the implementation of new technologies. The economics syllabus helps you get an in-depth understanding of finance, markets and resource management. Upon graduation, you can expect to secure a role in various financial areas, including banks, trading markets, and other commercial and government sectors. Jobs like Actuarial Analyst, Data Analyst, Economist, Financial Risk Analyst, Investment Analyst, Data Scientist, Business Development Manager can be open up for you. 

Program Highlights

India’s First Multi Disciplinary and Inter Disciplinary curriculum
with subjects from 5 Disciplines

  • 1 Internships
  • 2 CMAPS (Collaborative Multi-disciplinary Approach towards Problem Solving)
  • 1 SMART Project
  • 3 years of Leadership Development
  • 1 SDG Project
  • 1 Research Paper
  • 1 AI Lab Project
  • 1 ESG Project and 7 Skills developed (50% Experiential Learning)

Note: The final courses which will be delivered will be approved by the BoS.

Eligibility Criteria

Universal AI University invites applications from all streams and boards (Indian & International). The candidate must either have completed Class XII, or be completing it in the same year in which she/he seeks to begin undergraduate study. Candidates from any stream, or studying any combination of subjects, can apply to any of the undergraduate programs offered. 

Indian Board Minimum of 65% in Class 10th & 12th
IB Board Diploma Holder & Certificate Holder (Min 20 Points & based on overall candidature)
Cambridge Board Minimum of 2 Subjects
Criteria 
Academics SOP Extra Curriculum Activities UBSAT PI
20%  10% 20% 25% 25%

Admissions Process

The entire admissions process for BA(Hons) Economics course is Online. A candidate has to follow the simple 4 steps mentioned below.

STEP 1: Application Process

Fill the Online Application Form (Click Here). 

The application fee is INR 1500 / USD 21 / GBP 15 / EUR 18.

STEP 2: Documents Required

  • Academic Mark Sheets – 10th, 12th (if available)\]
  • Statement of Purpose (Download Sample)
  • Two Letter of Reference – School/College/Employer(Sample 1) (Sample 2)
  • Extra-curricular or Co-curricular activities

STEP 3: UBSAT

Duration : 1 hour 45 minutes 100 questions (No Negative Marking)

Test Format – Aptitude Test & Psychometric Test

  • English Language & Comprehension – 20%
  • Quantitative Ability 20%
  • Global & Indian Current Affairs – 20%
  • Analytical & Logical Reasoning 20%
  • Green Thinking and Creativity 20%

Sample paper of UBSAT will be available to prepare once a candidate applies. Exemption from UBSAT, if candidate has already given SAT / ACT / PEARSON / UGAT / CUET.

 

Use Universal AI’s SAT DI Code (7861) & apply for free, while filling your SAT forms

STEP 4: Personal Interview (PI)

A candidate is tested for attitude, motivation, communication & academic curiosity. The candidate’s past record, academic as well as co-curricular & extra-curricular, forms the main basis of the PI discussion. All PI’s will happen online via Zoom.

Once all four steps are completed, a candidate’s application will be reviewed by the Admissions Committee in full. The final admission decision will take into consideration the overall candidature.

Candidates who perform well in the admission process may be made a provisional offer of admission, even if their Class XII Board scores have not been declared until then.

Fees (Tuition, Boarding & Lodging)

We offer various course options at the undergraduate level which will equip the students with necessary skills and knowledge for a multi-disciplinary approach to diverse business and management problems. 

ProgramDurationTuition Fees
BA (Hons.) Economics3 YearsINR 2.48 Lacs per year

Boarding & Lodging on Campus

  • Single Room (AC) (Limited rooms available) – INR 2,98,000 / year
  • Dual Sharing Room (AC) – INR 1,88,000 / year
  • Triple Sharing Room (AC) – INR 1,68,000 / year

Other Charges:

  • Security Deposit (Refundable) – INR 25,000 / year
  • CSR Activities – INR 5,000 / year 
  • Welcome Kit (Includes University Tie / scarf, T-shirt & Student participation fee in festivals & events) – INR 3,200 / year  
  • Alumni Membership Fee – INR 2,500 / year

Accommodation & Meals

We offer single rooms AC (limited rooms available) & dual sharing rooms AC with ensuite washroom, common Living & Dining Room with kitchenette. Fee includes student accommodation, house keeping, soft furnishing, WiFi, laundry, gym & extensive sports facilities. Single Sharing apartments (4 pax) will have a refrigerator, a microwave oven & dressing tables. Food : We offer 4 Meals / Day with Veg., Jain & Non-Veg. options cooked in separate kitchens by SODEXO (Worlds largest French MNC in quality food services in 80 countries).

 

Refund Policy for the Undergraduate programs at Universal AI University:

If any candidate decides to withdraw from the course in which he/she took admission, then the institute shall follow the below-mentioned system of the UGC norms for fee refund. Last date of admission 15th September 2024.

Date of Fee Payment (on or before) Non-Refundable Fee

Refund of Fee (%age)

Time Period (withdrawal of the application

100%

15 days or more, before the last date of admission

has been notified

90%

Less than 15 days before the last date of admission

80%

15 days or less, after the last date of admission

50%

30 days or less, but more than 15 days, after the last

date of admission

0%

More than 30 days after the last date of admission


Caution money and the security deposit money, which are not part of the

fee structure, will be refunded entirely.


  1. The request for withdrawal or refund of fees must be sent to

[email protected] .in with the subject line “REFUND

Request- Universal Ai University Application Form Number”.

  1. The student will receive a ‘No Objection Certificate’ which he/she

has to submit, along with the necessary information.

  1. No verbal/telephonic request for withdrawal and refund will be

entertained.

  1. Fees shall be refunded to the eligible candidate by the institute

within 15 days after the candidate has submitted the official

written letter to the authority.


For any queries pertaining to admissions at Universal Ai University, you

may contact Student Help Support Desk – Ms. Neha Mudras at

[email protected] /70260 23000/ 93265 85100.

Scholarships (upto 50% of the tuition fee) and Loan Facility

At Universal AI, one of the best BA(Hons) Economics colleges in Mumbai, India, we believe in supporting our students in every possible manner. Therefore, there are various types of scholarships which we offer to encourage our students academically.

Economic (EarlyBird) Scholarship- INR 50,000/-

Early Bird Scholarship is applicable to the students who take admission at Universal AI in the Early Admission Round. Applications for Early Bird is valid upto 31st December.

Special Scholarship - INR 50,000/-

The special scholarship of INR 50,000 is available for following categories namely

  1. Children of Armed Forces
  2. Students with domicile in Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim, Himachal Pradesh, Ladakh, Jammu & Kashmir, Puducherry, Lakshadweep, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Andaman & Nicobar Island, Goa, Tamil Nadu and Karnataka
  3. Siblings Scholarship
  4. Parent as Teacher Scholarship
  5. National / International Sports Scholarship
  6. For anyone who has lost his/her parent due to Covid-19

Merit Scholarship - upto INR 1,00,000/-

Depending on the academic performance, we offer following scholarships to our students:

Indian Board International Board Grade Scholarship upto
80% to 84.99% 30 to 32 20% of the 1st Year Tuition Fees
85% to 89% 33 to 35 30% of the 1st Year Tuition Fees
90% & above 36 & above 50% of the 1st Year Tuition Fees

SchoolAchievement Scholarship - INR 25,000/-

Letter of Recommendation from School Counsellor / Principal – Why you should be considered at Universal AI University?

Means Scholarship - upto INR 1,00,000/-

For families with household income below INR 6,00,000/- p.a.

Note:

1) Only one category of special scholarship is applicable per student.

2) Merit Scholarship can not be clubbed with special scholarship.

3) Maximum Scholarship of INR 50,000 can be availed per student.

4) Students are eligible for scholarship if their scholarship application is received prior to May. 

5) The Scholarship application form is available on Universal AI University website.

6) All scholarships are at the sole discretion of Universal AI University.

7) Eligible students’ will receive a Scholarship Award Letter from the Admissions Team.

Education Loans

The following banks offer education loans on their own discretion:

Central Bank of India | Bank of India | State Bank of India | Bank of Baroda | Union Bank of India | Punjab National Bank | Axis Bank | Gyan Dhan | CREDILA – An HDFC Ltd. | AVANSE Education Loans | West Bengal Student Credit Card Scheme

Please download the Universal AI University’s Scholarship Application Form from here.