At the beginning of the second semester of the third year the students following this degree programme are required to select one specialization area out of the following two options.

  1. Development Studies (DS)

This is an interdisciplinary study area which trains the students to understand the complex processes of economic development and to solve development problems. It deals with theoretical, empirical, as well as practical dimensions of economic development. The students who specialize in this area will be equipped with the skills of policy studies, policy making, analysis and evaluation. Additionally, this study programme offers many options at the post graduate level for the students who are willing to engage in advanced studies. The employment opportunities are also numerous at many local and international institutions such as the Central Bank of Sri Lanka, World Bank, International Monetary Fund, Asian Development Bank and United Nations etc.

  1. Banking (BNK)

This study area encompasses a range of disciplines in bank management, central banking, monetary policy analysis and financial system analysis etc. At the end of this study programme students should be able to gain the expertise to manage a firm mitigating the risks in the financial system. The specialized nature of this area makes the students able to hold the top level management positions at institutions specially in the banking and finance sector such as the Central Bank of Sri Lanka, Security and Exchange Commission, commercial banks and other financial institutions.

Depending on the selection of the specialization area, the core subjects of certain semesters would be different.

The structure for years II to IV of B.Sc. Business Administration (Business Economics) (Special) degree programme is given in Table 2.3.1.

Table 2.3.1: B.Sc. Business Administration (Business Economics) (Special) Degree Programme Structure for Years II, III and IV

Year II – Semester I
Course Code Course Title Course Status Contact Hours Credit Hours
BEC 2340 Macroeconomics Core 45 3
FIN 2340 Financial Management Core 45 3
MAR 2340 Marketing Management Core 45 3
DSC 2340 Operations Management Core 45 3
ACC 2340 Management Accounting Core 45 3
BEC 2041 Career Development Training Non-credit 45 0
BEC 2042 Expressive English Non-credit 30 0
Total No of Credits – Semester I 15
Year II – Semester II
BEC 2343 Mathematical Methods for Economics Core 45 3
BUS 2341 Organizational Behaviour Core 45 3
BEC 2344 Advanced Economic Theory Core 45 3
ENT 2341 Introduction to Entrepreneurship and SMEs Core 45 3
ITC 2340 Computer Application for Managers Core 45 3
BEC 2045 Career Development Training Non Credit 45 0
BEC 2046 Formal English Non Credit 45 0
Total No of Credits -,Semester II 15
Total Credit Value for the Second Year 30
Year III – Semester I
DSC 3340 Operations Research Core 45 3
BEC 3340 Managerial Economics Core 45 3
ITC 3340 Management Information Systems Core 45 3
BEC 3341 Monetary Economics Core 45 3
BEC 3342 Development Economics Core 45 3
BEC 3043 Stylistic Analysis Non Credit 30 0
Total No of Credits – Semester I 15
Year III – Semester II
BEC 3344 Project Management Core 45 3
BEC 3345 Economic Thought Core 45 3
BEC 3346 Financial Economics Core 45 3
BEC 3347 Labour Economics Core (DS) 45 3
FIN 3343 Business Valuation Theory and Applications Core (BNK) 45
BEC 3348 Asian Economics Core (DS) 45 3
FIN 3346 Bank Management Core (BNK) 45
BEC 3049 Critical Reading Non Credit 30 0
Total No of Credits -,Semester II 15
Total Credit Value for the Third Year 30
Year IV – Semester I
BEC 4340 Econometrics Core 45 3
BEC 4341 Research Methodology Core 45 3
BUS 4340 Strategic Management Core 45 3
BEC 4342 International Economics Core 45 3
BEC 4343 Environmental Economics Core (DS) 45 3
FIN 4352 Risk Management and Insurance Core (BNK) 45
BEC 4044 Language Analysis Non Credit 30 0
Total No of Credits – Semester I 15
Year IV – Semester II
BEC 4645 Independent Study on Business Economics Core 45 6
BEC 4646 Practical Training Elective 45 6
BEC 4647 Social Development Project Elective
BEC 4349 Regional Economics Core (DS) 45 3
BEC 4348 Money and Banking Core (BNK)
BEC 4050 Analysis of Grammar Non Credit 30 0
Total No of Credits – Semester II 15
Total Credit Value for the Fourth Year 30