Master in Business and Economics

Master in Business and Economics

2 years
  • Fee:NPR 580,000

Master in Business and Economics (MBE) is a post-graduate program of Kathamandu University provides understanding of micro and macroeconomics, as well as quantitative tools and applicable environmental economic principles. It provides students with practical and theoretical economic knowledge, as well as management education, to assist them in making critical assessments of national and international policies, as well as changes in government structure and laws.

The program equips students with the necessary abilities for understanding financial markets, anticipating financial outcomes, and calculating risks. The program is ideal for students with a strong interest in national and international economic issues and the ability to collect, evaluate, and portray huge amounts of data.

A master's degree in business and economics combines the fields of business administration and economics. It is a comprehensive education that aids in the discovery of economic processes and mechanisms as part of a larger picture. These courses cover the most significant components of both subjects, and you'll learn about economic processes from the standpoint of firms as well as from a macrosocial perspective.

The MBE program is envisioned to impart prospective students with sound knowledge of business and economics along with quantitative and modeling skills, which will offer them a comparative advantage over other graduates with conventional business or economics degrees. Hence the program combines three distinct areas: business, economics and quantitative methods with the objective of preparing well-trained groups of individuals who can do modeling, data evaluation and situation analysis in various areas of business and economics. The graduates will have greater job opportunities in both business and economics areas to work as market analysts/ financial analysts/ economic analysts/research consultants for corporate houses, industries, government agencies, NGOs/INGO and international bodies. A graduate of the program will be more flexible in adjusting to demand in the market.

After completing all the curricular and co-curricular requirements of the program, the graduating students will be able to:

  • Exercise practically as qualified business/economics analysts who can contribute in research/consulting/analysis in the areas of business and economics;
  • Analyze competently while integrating business and economics areas; o Be capable of undertaking PhD study abroad in either of the disciplines;
  • Demonstrate mastery in one specialization area of money and finance or trade & investment or project analysis or quantitative data analytics with strength in quantitative analysis;
  • Practice a high level of professional, social, ethical and personal values, standards, behaviors and skills required in exercising professionalism in management; and
  • Pursue continuous self-learning, professional growth as well as organizational development for ensuring efficiency, effectiveness, competitiveness and value addition in individual and institutional role performance.

Salient Features

Program Structure

The program is structured as below:

  • Foundation courses in Business and Economics aimed at developing analytical skills (four courses equivalent to 11 credit)
  • Core courses in Business focused on functional and decisional domains of management (six courses equivalent to 15 credit)
  • Core courses in Economics focused on theories and modeling in economics (six courses equivalent to 17 credit)
  • Integrative courses designed to combine and synergize multiple knowledge-bases with specialized application focus (four courses equivalent to 8 credit)
  • Concentration courses that allow for the development of specialized functional or sectoral business economics competency directly related to career path. Four different concentration areas dealing with Money and finance, Trade and investment, Project management and Quantitative themes are devised (four courses in both areas equivalent to 12 credit).
  • Comprehensive Academic Dissertation (CAD) aimed at establishing the ability to carry out academic research independently (3 credit). The student must conduct the CAD in his/her concentration area.
    • In between semesters, extra-curricular courses will be offered to develop students’ soft skills (communication, creative writing, emotional intelligence etc).

The total credit load for Master in Business and Economics Program is 66.

Delivery Modality

The Program will be delivered in four semesters during a period of two years with customized courses in business and economics. A candidate is also required to complete a dissertation at the end of last term. The Program is to be completed within a maximum of four-year period from the date of admission to qualify for the “Master in Business and Economics” degree.

Grading Mode

In each course, student will be evaluated on a 4-point scale as follows:

Grade A A- B+ B B- C+ C F
Grade Point 4.0 3.7 3.3 3.0 2.7 2.3 2.0 0

The grades indicate the quality of a student's performance as follows:

  • A = Outstanding
  • A - = Excellent
  • B+ = Very Good
  • B = Good
  • B- = Fair
  • C+= Fair
  • C = Fair
  • F = Fail

Apart from the letter grades mentioned above, the following letter grades can also be awarded as 

  • W = Withdrawn
  • IN = Incomplete
  • NC = Non-Credit Course

'W' indicates that a student has officially withdrawn from a course without grade or penalty. During the regular semester, a student seeking to withdraw from a course must do so before the final examination with the permission of the concerned faculty member. 'W' may not be processed after the final examination. 'NC' indicates that a student has officially attended a course till the end and completed it successfully but for which no credit will be given. A student can take a non-credit course only in addition to the credit hours required for the fulfillment of an MS-BE degree. 'IN' indicates that a student has not completed all the assignments required in the particular course.


Nepali and Non-Nepali nationals with a Bachelor's degree in economics/business, science engineering or equivalent of at least three years' duration or equivalent in any discipline with a minimum of 50 percent in aggregate or 2.0 CGPA on a scale of 4 from universitties recognized by Kathmandu University.

An undergraduate student who has completed qualifying educational level but is waiting final result may apply on provisional basis, provided s/he has already appeared in the last semester or final annual examination of the program and passed all the previous year/semester courses with required minimum grade/percent.

Admission Criteria

Admission process starts in December every year for the Spring Semester as 1st semester in the Program. Under the discretion of the Dean, the School can alter the admission process and calendar to start it from Fall Semester if the admission process in December is not feasible. Selection of a candidate is made using process adopted for MBA degree - which involves selection in KUMAT exam first, followed by an analytical writing test and interview. The selection process can be modified as deemed necessary by the Admission and Examination Committee of the School.

Document Submission Checklist

  • Application Form
  • Passport size photo -3
  • Citizenship certificate

SLC or Equivalent Certification

  • Marksheet
  • Certificate
  • Character Certificate

Intermediate level or 10 Plus Two Certification

  • Transcript/ Marksheet/Gradesheet
  • Certificate
  • Character Certificate

Bachelor Level Certificate

  • Transcript/ Marksheet/Gradesheet
  • Certification
  • Character Certificate
  • Marksheet up to 3rd year or 7th semester and Admit card of 4th year board exam or 8th semester board exam

(For provisional application)

Master level Certification (If applicable only)

  • Transcript/ Marksheet/Gradesheet
  • Certification
  • Character Certificate

Curricular Structure

Foundation Courses (F)

Code Course Title Credit
MNAC 511 Accounting for Managerial Decisions  3
MNEC 501  Managerial Economics  3
MNEC 502  Macroeconomics for Business  3
MNMT 541  Mathematical Economics  2
Total   11

Core Courses in Business (B)

Code Course Title Credit
MNFM 511 Financial Management and Decisions  3
MNHR 511 Human Resource Management and Decisions  3
MNMM 511 Marketing Management and Decisions  3
MNCP 511 Computer Programming for Economic Modelling 3
MNLG 501 Legal Environment for Business in Nepal 3
Total   15

Integrative Courses (I)

Code Course Title Credit
MNIE 641 Industrial Economics 2
MNGM 641 Game Theory in Decision Making 2
MNRM 641 Business Research Methodology  2
MNST 544  Multivariate Statistics  2
Total   8

Core Courses in Economics (E)

Code Course Title Credit
MNEC 661  Advanced Microeconomic Theory  3
MNEC 662  Advanced Macroeconomic Theory  3
MNMT 641  Dynamic Analysis  2
MNEM 641  Applied Econometrics  3
MNEM 661  Advanced Econometrics  3
MNPF 541  Public Finance  3
Total   17

Specialization (12 credits) 

The courses in the specialization provide students with an opportunity for in-depth study in one of the  areas listed below. Students are required to take four courses from their chosen area (12 credits). In  addition, they are also required to carry out Comprehensive Academic Dissertation (3 credits) in the  area of their concentration.

Concentration 1: Money and Finance (Only 4 courses)

Code Course Title Credit
MNMF 641  Money, Banking and Finance  3
MNME 641  Monetary Economics  3
MNFM 641  Corporate Financing Decision  3
MNFM 642  Development Finance  3
MNMF 642  Financial Economics  3
MNFM 643  International Finance  3
MNFR 641  Financial Derivatives and Risk Management  3
MNEF 641  Entrepreneurial Finance  3

Concentrations 2: International Business, Trade and Investment* (Only 4 courses)

Code Course Title Credit
MNEC 641  Economies of International Trade and Sustainable  3
MNFM 644  International Finance and Investment Development 3
MNMT 643    Computational Equilibrium Modeling  3
MNMT 643  International Negotiation 3
MNMG 611  Strategies in International Business  3
MNMG 642  International Logistic Management  3
MNFM 645  Trade Financing  3

Concentrations 3: Project Management (Only 4 courses)

Code Course Title Credit
MNPR 641  Cost Benefit Analysis  3
MNPR 642  Project Conceptualization and Planning  3
MNPR 643  Project Implementation, Monitoring and Control  3
MNPR 644  Project Procurement and Contract Management  3
MNPR 611  Agile Project  3
MNPF 642  Project Finance  3
MNPR 645  Development Project Management  3

Concentrations 4: Advanced Quantitative Methods (Only 4 courses)

Code Course Title Credit
MNDA 641  Data Analytics  3
MNMT 644  Stochastic Calculus  3
MNEM 643  Bayesian Econometrics  3
MNDA 642  Artificial Intelligent in Economic Modelling  3
MNST 642  Sample and Survey Design  3
MNMT 645  Numerical Methods  3