Programme Structure – Year I
All undergraduate students enrolled in the FMSC, except for some exceptions in the case of the BCom Honours Degree Programme, BSc Honours in Estate Management and Valuation Degree Programme, and BSc Honours in Management (Public) Degree Programme, are required to follow a common curriculum in management in the first year of study. This is intended to provide the core business knowledge by teaching basic concepts in all functional areas of business. Undergraduates who are selected to the Department of Business Economics (from Year II onwards) should also follow this Management Common Programme. The structure of the common program is depicted in Table 1.
Table 1: B.Sc. Honors in Business Administration in Business Economics Degree Programme Structure of Year I
| Course Code | Course Title | Course Status | Notional Hours | Credit Hours |
|---|---|---|---|---|
| Year I – Semester I | ||||
| BUS 1370 | Principles of Management | Core | 150 | 3 |
| DSC 1370 | Business Mathematics | Core | 150 | 3 |
| ITC 1370 | Information Technology for Business | Core | 150 | 3 |
| PUB 1270 | Socio – Political Environment | Core | 100 | 2 |
| LAW 1270 | Legal Environment | Core | 100 | 2 |
| BCC 1370 | Business Communication I | Core | 150 | 3 |
| Total No. of Credits – Semester I | 16 | |||
| Year I – Semester II | ||||
| HRM 1370 | Human Resource Management | Core | 150 | 3 |
| DSC 1371 | Business Statistics | Core | 150 | 3 |
| BEC 1370 | Microeconomics | Core | 150 | 3 |
| ACC 1370 | Financial Accounting and Reporting | Core | 150 | 3 |
| BCC 1371 | Business Communication II | Core | 150 | 3 |
| Total No. of Credits – Semester II | 15 | |||
| TOTAL CREDITS FOR THE FIRST YEAR | 31 | |||
Programme Structure – Year II
Undergraduates who are admitted to the Department of Business Economics from Year II onwards follow a structured curriculum comprising core Business Economics and management-related courses. This stage of the programme is designed to strengthen students’ theoretical foundation and analytical capabilities, while preparing them for advanced study. The Year II curriculum provides a comprehensive grounding that enables undergraduates to transition effectively into specialised pathways offered from Year III. Year II programme structure is available in Table 2.
Table 2: B.Sc. Honors in Business Administration in Business Economics Degree Programme Structure of Year II
| Course Code | Course Title | Course Status | Notional Hours | Credit Hours |
|---|---|---|---|---|
| Year II – Semester I | ||||
| BEC 2370 | Macroeconomics | Core | 150 | 03 |
| FIN 2370 | Financial Management | Core | 150 | 03 |
| MAR 2370 | Marketing Management | Core | 150 | 03 |
| DSC 2370 | Operations Management | Core | 150 | 03 |
| ACC 2370 | Management Accounting | Core | 150 | 03 |
| BCC 2276 | English for Business Economics Part I | Core | Annual Assessment | |
| Total No. of Credits – Semester I | 15 | |||
| Year II – Semester II | ||||
| BEC 2371 | Advanced Economics | Core | 150 | 03 |
| BUS 2371 | Organisational Behaviour | Core | 150 | 03 |
| ITC 2372 | Business Analytics | Core | 150 | 03 |
| BEC 2372 | Mathematical Economics | Core | 150 | 03 |
| BCC 2276 | English for Business Economics Part I | Core | 100 | 02 |
| Students can select ONE course from the three courses mentioned below | ||||
| FIN 2372 | Advanced Corporate Finance | Elective | 150 | 03 |
| DSC 2371 | Supply Chain Management | Elective | 150 | 03 |
| ENT 2375 | Entrepreneurship | Elective | 150 | 03 |
| Total No. of Credits – Semester II | 17 | |||
| Total Credit Value for the Second Year | 32 | |||
Programme Structure – Year III and IV
From Year III onwards, undergraduates following the B.Sc. Honours in Business Administration in Business Economics Degree Programme are required to pursue a specialised pathway in a selected area of study. At the beginning of Year III, students choose from designated specialisations (listed below), and the curriculum is structured accordingly with a combination of compulsory and optional courses specific to the chosen stream.
Banking (BNK)
This study area encompasses a range of disciplines such as commercial banking, central banking, monetary policy analysis, and financial market analysis. At the end of this study programme, students will be able to gain the necessary proficiency to manage a firm while mitigating risks in the financial system and analysing monetary policy at the macro level. The specialised nature of this area will enable students to hold top-level management positions in institutions, particularly within the banking and finance sector, including the Central Bank of Sri Lanka, securities markets, commercial banks, and other financial institutions.
Development Studies (DS)
This is an interdisciplinary study area which trains students to understand the complex processes of economic development and to address development-related issues. At the end of this study programme, students will be equipped with knowledge in policy studies, policy-making, analysis, development research, and evaluation. There are extensive employment opportunities in both local and international institutions and agencies such as the Central Bank of Sri Lanka, International Monetary Fund, Asian Development Bank, United Nations, and World Bank.
International Economics and Business (IEB)
This area of study focuses on the development of the global marketplace and explores its implications in an increasingly globalised environment for trade and finance. At the end of the programme, students will gain insights into key international trade and finance issues, along with a comprehensive understanding of the roles of various organisations involved in international business. This discipline provides opportunities in fields such as international finance, trade and global business, international business strategy development and consultancy, as well as shipping, logistics, freight, and customs clearance.
Data Science for Economics (DSE)
This area equips undergraduates with advanced skills in data analytics, programming, econometrics, visualisation, and big data applications relevant to modern economic and business contexts. By the end of the programme, students will be able to interpret complex datasets, apply computational tools, and conduct data-driven research to support business decision-making and policy analysis. This specialised training enhances employability across diverse fields, including finance, IT services, consulting, research, public policy, and supply chain management. Graduates of this stream are expected to be highly competitive, future-ready, and capable of operating effectively in a rapidly evolving, data-driven global economy.
The structure for Years III to IV is given in Tables 3 and 4.
Table 3: B.Sc. Honours in Business Administration in Business Economics Degree Programme Structure for Year III
| Course Code | Course Title | Course Status | Notional Hours | Credit Hours |
|---|---|---|---|---|
| Year III – Semester I | ||||
| BEC 3370 | Managerial Economics | Core | 150 | 03 |
| BEC 3371 | Econometrics | Core | 150 | 03 |
| DSC 3370 | Operations Research | Core | 150 | 03 |
| ITC 3371 | Management Information Systems and ERP Applications | Core | 150 | 03 |
| BEC 3372 | International Economic Relations | Core (DS) | 150 | 03 |
| BEC 3373 | International Investment and Finance | Core (IEB) | 150 | 03 |
| ITC 3286 | Programming in Python | Core (DSE) | 100 | 02 |
| BEC 3281 | Computational Economics | Core (DSE) | 100 | 02 |
| BEC 3180 | Personal and Professional Development | Core | Annual Assessment | |
| BCC 3273 | English for Business Economics Part II* | Core | Annual Assessment | |
| BNK Students can select ONE course from the two courses mentioned below | ||||
| FIN 3371 | Business Valuation Theory and Applications | Elective (BNK) | 150 | 03 |
| FIN 3372 | Credit and Treasury Management | Elective (BNK) | 150 | 03 |
| Total No. of Credits – Semester I | 15-16 | |||
| Year III – Semester II | ||||
| BEC 3374 | Project Management | Core | 150 | 03 |
| BEC 3375 | Monetary Economics | Core | 150 | 03 |
| BEC 3376 | Commercial Banking | Core (BNK) | 150 | 03 |
| BEC 3377 | Financial Economics | Core (BNK) | 150 | 03 |
| BEC 3378 | Economics of Innovation | Core (DS) | 150 | 03 |
| BEC 3379 | Labour Economics | Core (DS) | 150 | 03 |
| DSC 3380 | International Logistic Management | Core (IEB) | 150 | 03 |
| FIN 3376 | International Financial Management | Core (IEB) | 150 | 03 |
| BEC 3282 | Economic Data Visualization | Core (DSE) | 100 | 02 |
| BEC 3383 | Big Data Analytics for Economics | Core (DSE) | 150 | 03 |
| ITC 3287 | AI for Business | Core (DSE) | 100 | 02 |
| BEC 3284 | Advanced Econometrics | Core (DSE) | 100 | 02 |
| BEC 3180 | Personal and Professional Development | Core | 50 | 01 |
| BCC 3273 | English for Business Economics Part II* | Core | 100 | 02 |
| BNK Students can select ONE course from the three courses mentioned below | ||||
| FIN 3375 | Investment and Portfolio Management | Elective (BNK) | 150 | 03 |
| FIN 3373 | Financial Modelling and Forecasting | Elective (BNK) | 150 | 03 |
| FIN 3377 | Bank Management | Elective (BNK) | 150 | 03 |
| DS students can select ONE course from the two courses mentioned below | ||||
| LAW 3374 | Labour Law and Industrial Relations | Elective (DS) | 150 | 03 |
| BEC 3377 | Financial Economics | Elective (DS) | 150 | 03 |
| IEB students can take ONE course from the two courses mentioned below | ||||
| BEC 3377 | Financial Economics | Elective (IEB) | 150 | 03 |
| DSC 3379 | International Procurement and Supply Chain Management | Elective (IEB) | 150 | 03 |
| Total No. of Credits – Semester II | 18 | |||
| Total Credit Value for the Third Year | 33-34 | |||
Table 4: B.Sc. Honours in Business Administration in Business Economics Degree Programme Structure for Years IV
| Course Code | Course Title | Course Status | Notional Hours | Credit Hours |
|---|---|---|---|---|
| Year IV – Semester I | ||||
| BEC 4370 | Development Economics | Core | 150 | 03 |
| BUS 4370 | Strategic Management | Core | 150 | 03 |
| BEC 4371 | Research Methodology | Core | 150 | 03 |
| BEC 4372 | International Trade and Payments | Core | 150 | 03 |
| BNK Students can select ONE course from the three courses mentioned below | ||||
| FIN 4372 | Financial Risk Management | Elective (BNK) | 150 | 03 |
| FIN 4374 | Insurance and Actuarial Finance | Elective (BNK) | 150 | 03 |
| BEC 4377 | Industrial Training | Elective (BNK) | 150 | 03 |
| DS Students can select ONE course from the two courses mentioned below | ||||
| BEC 4373 | Environmental Economics | Elective (DS) | 150 | 03 |
| BEC 4377 | Industrial Training | Elective (DS) | 150 | 03 |
| IEB Students can select ONE course from the two courses mentioned below | ||||
| LAW 4370 | International Trade and Investment Law | Elective (IEB) | 150 | 03 |
| BEC 4377 | Industrial Training | Elective (IEB) | 150 | 03 |
| DSE Students can select ONE course from the two courses mentioned below | ||||
| BEC 4380 | Behavioural Economics | Elective (DSE) | 150 | 03 |
| BEC 4377 | Industrial Training | Elective (DSE) | 150 | 03 |
| Total No. of Credits – Semester I | 15 | |||
| Year IV – Semester II | ||||
| BEC 4375 | Money and Banking | Core (BNK) | 150 | 03 |
| BEC 4376 | Contemporary Issues in Global Economy | Core (DS/IEB) | 150 | 03 |
| BEC 4281 | Contemporary Economics and Digitalisation | Core (DSE) | 100 | 02 |
| BEC 4678 | Internship Training | Core | 600 | 06 |
| BEC 4679 | Independent Study in Business Economics | Core | 600 | 06 |
| Total No. of Credits – Semester II | 14-15 | |||
| Total Credit Value for the Fourth Year | 29-30 | |||