Business Studies: This subject introduces students to the fundamental concepts of business, such as management, marketing, accounting, finance, and human resources. It provides an overview of how businesses operate and the strategies used to achieve success in different industries.
Economics: Economics is the study of how societies allocate scarce resources to satisfy unlimited wants. It covers microeconomics, which focuses on individual decision-making and market interactions, and macroeconomics, which examines the economy as a whole, including factors like inflation, unemployment, and economic growth.
Accounting: Accounting is the process of recording, classifying, and summarizing financial transactions to provide information about a business's financial performance and position. Students learn how to prepare financial statements, such as balance sheets and income statements, and use them to make informed business decisions.
Finance: Finance involves managing financial resources, including investments, loans, and capital budgeting. Students explore topics such as risk management, portfolio theory, and financial analysis, which are essential skills for careers in finance and banking.
Entrepreneurship: Entrepreneurship education focuses on developing the skills and knowledge needed to start and manage a business. It covers idea generation, market research, business planning, and strategies for growth and sustainability.
Engineering Economics: This subject combines engineering principles with economic analysis. Students learn how to evaluate and compare different engineering projects based on their costs and benefits, considering factors such as time value of money, depreciation, and risk analysis.
Econometrics: Econometrics is the application of statistical methods to economic data. Students learn how to analyze and interpret economic data using statistical techniques, which is essential for research and decision-making in various economic fields.
These technical or economic subjects provide students with a strong foundation in both technical knowledge and economic principles. They develop analytical and problem-solving skills applicable to various careers, including business management, finance, engineering, consulting, and policy-making.