BS Economics & Finance
Program Overview
The BS in Economics & Finance at NIT is designed for students who want to understand how economic forces shape financial markets, and how financial decisions influence economies, organizations, and public policy. The program develops analytically strong graduates who can evaluate markets, assess risk, and support strategic decision-making in complex economic and financial environments.
Course Curriculum
Built on a solid foundation in microeconomics, macroeconomics, mathematics, statistics, and finance, the curriculum emphasizes structured reasoning, quantitative analysis, and evidence-based evaluation. Students learn how economic conditions affect financial systems, how financial instruments are priced and managed, and how policy and market dynamics interact.
The program cultivates deep competence in economic analysis, financial modeling, risk assessment, and applied research, enabling students to interpret data, forecast trends, and evaluate financial and economic outcomes with clarity and precision. Strong emphasis is placed on analytical discipline, problem framing, and decision-oriented thinking.
Students progress from foundational coursework in economics and quantitative methods into advanced study of financial analysis, applied economics, and market evaluation. This integrated structure prepares graduates for analytically demanding roles across finance, banking, development economics, policy research, and market analysis.
Graduates of the BS in Economics & Finance are well prepared for careers in economics- and finance-driven environments, as well as for advanced academic study in economics, finance, public policy, or related quantitative fields.
4+1 Pathway – Bachelor’s + Master’s Degree
Practical Learning Experience
Earn Your Bachelor’s + Master’s in 5 Years.
The BS in Economics and Finance offers a 4+1 Master’s Pathway with Thunderbird School of Global Management at Arizona State University (ASU)
This pathway allows students to complete four years of undergraduate study at NIT, followed by one year at ASU, earning both a bachelor’s and a master’s degree in just five years. *
High-performing students on the 4+1 pathway may choose between two ASU master’s options:
- Master of Global Management (MGM) – On-Campus
A degree at the intersection of Global Business, Public Policy and International Affairs. The MGM is regarded as the most innovative leadership and entrepreneurship degree for professionals seeking a career in top global organizations who are disrupting “business as usual” by redefining or creating entirely new industries. - Master of Leadership and Management (MLM) – Online
Designed to deliver mastery in 21st-century leadership and management principles and practices, preparing leaders to take on additional managerial responsibilities in global organizations or to make a career change across industries or sectors. Courses span the gamut of Thunderbird’s online offerings, from accounting and data-driven decision-making to global finance and marketing.
How It Works
Years 1 – 4 – At NIT
Complete your bachelor’s degree locally with an ASU-integrated curriculum.
Year 5 – At Arizona State University (Online or On-Campus)
Earn your master’s degree directly from ASU in just one additional year.
Students choosing to study on campus at ASU may apply for OPT, allowing eligible graduates the opportunity to work legally in the United States for up to three years (depending on program eligibility).
Upon successful completion of the 4+1 pathway, you graduate with:
- Bachelor of Science in Economics and Finance from National Institute of Technology, Pakistan
- Option 1: Master of Global Management (MGM) from Thunderbird School of Global Management at Arizona State University, United States
- Option 2: Master of Leadership Management (MLM) from Thunderbird School of Global Management at Arizona State University, United States
*Program details may vary based on academic progress and successful credit transfer and approval by each university. Students participating in the 4+1 pathway must work with their program director at NIT to ensure that credits earned at ASU meet degree requirements at NIT.
With a strong emphasis on real-world applications, the program includes capstone projects, hands-on labs, and electives in machine learning, digital signal processing, human-computer interaction, and more—ensuring students graduate job-ready and innovation-driven.Â
Note: Final year at ASU and dual degree eligibility depend on successful credit transfer and approval by Arizona State University. Program details may vary based on academic progress.
Career Pathways:
Graduates of the BS in Economics & Finance are prepared for analytical and research-oriented roles in economics and finance-driven environments.
- Economic Analyst
- Financial Analyst
- Policy Research Associate
- Banking & Finance Officer
- Investment Research Analyst
- Risk & Forecasting Analyst
- Development Economist
- Market Analyst
- Financial Planning Associate
Graduates may pursue postgraduate degrees in economics, finance, public policy, or quantitative fields.
NIT Admission Criteria:
The National Institute of Technology (NIT) seeks to admit academically prepared, motivated, and intellectually curious students who demonstrate the potential to contribute positively to the university’s learning environment and to society. Meeting the minimum eligibility requirements qualifies an applicant for admission evaluation but does not guarantee admission. Applicants may apply if they meet any one of the minimum criteria outlined below:
- Matriculation/Intermediate Requirements:
- 12 years of formal education with a minimum of 50% marks (no specific subject requirements).
- Cambridge International (O & A Levels):
- O Level: Eight subjects (English, Mathematics, Urdu, Islamiat, Pakistan Studies + 3 electives), with an average of grade C. (Additional Mathematics does not count as an elective)
- A Level: Three principal subjects with an average of grade C. (Further Mathematics and General Paper are excluded.)
- International Baccalaureate (IB):
- Minimum 30/45 points.
- English is compulsory; CAS and TOK must be completed.
- Students must also pass Urdu, Islamiat and Pakistan Studies (via O-Level/SSC/IB).
- High School Diploma (HSD):
- Minimum 60% overall.
- English is required, along with four principal electives in grades 9–12.
- Students must also pass Urdu, Islamiat and Pakistan Studies (via O-Level/SSC/HSD)
Admissions to earn the MLM and MGM degree by Thunderbird School of Global Management at Arizona State University (ASU):
Master of Leadership Management (MLM) online: NIT undergraduate program diploma + official transcripts from every college or institution attended, including NIT’s. Must submit original transcripts and English translated transcripts.
Applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = “A”) in the last 60 hours of their first bachelor’s degree program.
Proof of English proficiency: (TOEFL>80 iBT, IELTS>6.5, Pearson Test of English>60, Duolingo>105), all taken within the last two years from start date.
Master of Global Management (MGM) on-Campus: NIT undergraduate program diploma + official transcripts from every college or institution attended, including NIT’s. Must submit original transcripts and English translated transcripts.
Min cum GPA of 3.00 (scale is 4.00 = “A”) in the last 60 semester hours or 90 quarter hours of undergraduate coursework and min. 80 points (B) for each bridge.
Proof of English proficiency: TOEFL>100 iBT, IELTS>7.5, Pearson Test of English>68,Duolingo>125, all taken within the last two years from start date OR successful completion of Arizona State University Global Launch.
Fee Structure For The Academic Year 2025-26 (PKR)
One-time Admission Fee: 145,000
One-time Security Fee: 50,000
Semester Registration Fee: 40,000 per semester
Tuition Fee:
Fall semester: 547,500
Spring semester: 657,000
Total tuition fee for the Academic year 2025-26: 1,479,500
Program Plan
Year One
| Semester 1 | Credits |
|---|---|
MAT 210: Brief Calculus | 3 Credits |
SSC 100: Fundamentals of Academic Writing | 3 Credits |
CIS 105: Computer Applications and Information Technology | 3 Credits |
WPC 150: Business and Society | 3 Credits |
SSC 101: Islamic Studies | 2 Credits |
Interdisciplinary Course | 3 Credits |
| Total Credits | 17 Credits |
| Semester 2 | Credits |
|---|---|
MAT 211: Mathematics for Business Analysis | 3 Credits |
SSC 102: Pakistan Studeis | 2 Credits |
ECN 211: Macroeconomic Principles | 3 Credits |
COM 225: Public Speaking and Presentations | 3 Credits |
ECN 470: Mathematical Economics | 3 Credits |
QUR 101: Understanding the Quran I | 1 Credits |
TGM 200: Principles of Accounting for Global Organizations | 3 Credits |
| Total Credits | 18 Credits |
Year Two
| Semester 3 | Credits |
|---|---|
General Education Courses: Arts and Humanities | 2 Credits |
TGM 204: Principles of Marketing for Global Organizations | 3 Credits |
ACC 232: Financial Accounting | 3 Credits |
MGT 320: Organizational Behavior | 3 Credits |
ECN 212: Microeconomic Principles | 3 Credits |
General Education Courses: Natural Science | 3 Credits |
| Total Credits | 17 Credits |
| Semester 4 | Credits |
|---|---|
CCE 401: Civics and Community Engagement | 2 Credits |
SSC 103: Ideology and Constitution | 2 Credits |
ENT 360: Entrepreneurship and Value Creation | 2 Credits |
General Education Courses: Social Science | 2 Credits |
FIN 300: Fundamentals of Finance | 3 Credits |
MKT 471: Digital Marketing Applications and Analytics | 3 Credits |
| Total Credits | 14 Credits |
Year Three
| Semester 5 | Credits |
|---|---|
ECN 432: Microeconomics II | 3 Credits |
ECN 438: International Monetary Economics | 3 Credits |
CIS 315: Introduction to Business Data Analytics | 3 Credits |
FIN 390: Financial Management | 3 Credits |
ACC 203: Cost Accounting | 3 Credits |
QUR 102: Understanding the Quran II | 1 Credits |
| Total Credits | 16 Credits |
| Semester 6 | Credits |
|---|---|
ECN 433: Macroeconomics II | 3 Credits |
FIN 425: Investment Strategies | 3 Credits |
STP 451: Time Series Analysis | 3 Credits |
ACC 410: Financial Statement Analysis | 3 Credits |
ECN 360: Economic Development | 3 Credits |
ECN 425: Econometrics I | 3 Credits |
| Total Credits | 18 Credits |
Summer Internship
| Summer | Credits |
|---|---|
Internship | 3 Credits |
Year Four
| Semester 7 | Credits |
|---|---|
TAM 511: Global Accounting: Managing with numbers | 3 Credits |
ECN 421: Econometrics II | 3 Credits |
FIN 540: Advanced Financial Management | 3 Credits |
TAM 557: Global Marketing in Digital Age | 3 Credits |
ECN 341: Mathematical Economics II | 3 Credits |
| Total Credits | 15 Credits |
| Semester 8 | Credits |
|---|---|
TGM 430: International Trade and Regional Economic Agreements | 3 Credits |
DISC 321: Introduction to Decision Analysis | 3 Credits |
BUS 434: Business Risk Management | 3 Credits |
TAM 530: Data Analytics and Digital Transformation in a Global World | 3 Credits |
TAM 542: Global Leadership and Personal Development | 3 Credits |
MGT 589: Strategic Management | 3 Credits |
| Total Credits | 18 Credits |