Master of Science in Business Economics (MSc (BEc))

Entry Qualifications

To be eligible for admission to the MSc (BEc) programme, an applicant should hold any of the following qualifications and a sound knowledge of English.

  1. Bachelor’s degree specializing in Business Economics/ Economics/ Business Administration/ Commerce/ Human Resource Management/ Marketing/ Accounting/ Financial Management/ Entrepreneurship/ Estate Management and Valuation/ Operations and Technology Management/ Public Administration / Business Information Systems/ Statistics/ Science/ Mathematics with a First or Second class Honors from a recognized University.
  2. Bachelor’s degree in Business Economics/ Economics/ Business Administration/ Commerce/ Human Resource Management/ Marketing/ Accounting/ Financial Management/ Entrepreneurship/ Estate Management and Valuation/ Operations and Technology Management/ Public Administration / Business Information Systems/ Statistics/ Science/ Mathematics with a General Pass standing from a recognized University with one year post-qualifying experience in the relevant fields.
  3. General Bachelor’s degree with a First class or Second class (Upper Division) in Business Economics/ Economics/ Business Administration/ Commerce/ Human Resource Management/ Marketing/ Accounting/ Financial Management/ Entrepreneurship/ Estate Management and Valuation/ Operations and Technology Management/ Public Administration / Business Information Systems/ Statistics/ Science/ Mathematics from a recognized University.
  4. A Postgraduate Diploma in Business Economics/ Economics/ Business Administration/ Commerce/ Human Resource Management/ Marketing/ Accounting/ Financial Management/ Entrepreneurship/ Estate Management and Valuation/ Operations and Technology Management/ Public Administration / Business Information Systems/ Statistics/ Science/ Mathematics from a recognized University and minimum of one year post-qualifying relevant experience.
  5. Members of the following professional bodies;

a. Chartered Institute of Bankers Sri Lanka (IBSL)

b. Institute of Chartered Accountants of Sri Lanka (ICASL)

c. Chartered Institute of Management Accountants (CIMA)

d. Association of Chartered and Certified Accountants (ACCA)

e. Certified Management Accountants (CMA) of Sri Lanka

f. Any other recognized professional body

  6. One of the following professional qualifications with three-year post-qualifying experience.

a. Chartered Institute of Bankers Sri Lanka (IBSL)-Diploma

b. Institute of Chartered Accountants of Sri Lanka (ICASL)- Passed Finalist

c. Chartered Institute of Management Accountants (CIMA)- Passed Finalist

d. Association of Chartered and Certified Accountants (ACCA)- Affiliate

e. Certified Management Accountants (CMA) of Sri Lanka- Passed Finalist

f. Other professional qualifications equivalent to the above may be considered subject to the approval of the Senate.

  7. Students who have successfully completed the PGDip (BEc) programme offered by the Department of Business Economics

8. Applicants of the MSc (BEc) programme with National Vocational Qualifications (NVQ) should have completed NVQ Level 07 with a minimum GPA of 3.00 on a scale of 0-4.

9. Other qualifications equivalent to the above may be considered subject to the approval of the Senate.

Selection Procedure

The selection procedure consists of the following steps:

  1. The received applications are screened to ensure that applicants meet the admission requirements.
  2. Applicants who meet the basic requirements are called for an aptitude test. This test is designed to assess the English proficiency and quantitative skills necessary to do the MSc (BEc) programme and the level of intelligence of the candidates.
  3. A formal interview will then be conducted for those who obtain more than 50 percent for the aptitude test. The interview will be conducted to assess the verbal competence in English, the candidate’s motivation for higher studies and the commitment to pursue the programme to its completion.
  4. Final selection will be done after the consideration of the total marks obtained at the aptitude test and interview.
  5. Students who are selected for the programme can select specialization from the offered specialization fields of the programme at the end of the first semester of the First Year
  6. The programmes of specialization fields that have a sufficient number of students will be then offered in a particular year.

Options / Selections

This programme offers two options for its applicants and the details are presented under Option A and Option B.

Option A

This option is offered for the candidates who wish to pursue an international career, an academic career, or who wish to pursue further studies in their specialization area. In the Year I, the students will undergo a thorough training in theoretical aspects and its applications.  In the Year II, students are allowed to select a specialized area out of four major specialization areas offered by the Department. Under this option, a greater priority will be given to the research component in the Second Year. The specialization areas are stated below along with their descriptions.

Option B

This option is offered as a general programme in the M.Sc. programme and it caters mainly to the employees of the corporate sector and the public sector.  This option enables the students to participate in workshops and guest lecturers conducted by world class leaders and practitioners in the business world during the Second Year of the programme. Guest lectures and domestic workshops will be based on current economic affairs and application of economics into the real world. At the same time, the students would receive first-hand experience in organizing and running projects by implementing an individual project in the Second Year of the programme.