Business Economics

Capacity of centre of business Economics is 5

Dr. Geeta Nair - Head - Business Economics Ph.D. Centre

Currently, the following four students are registered at the Centre:

  1. Ms. Asish Mathews, “A Study of Microfinance Services of Fisherwomen in Kerala”.
  2. Ms. Bharati Jethani, “Peer to Peer Lending and its Feasibility with respect to India (Mumbai Region) and Comparative Study with U.S.A., U.K. and China Markets”.
  3. Ms. Payal Meghani, “A Comparative Study on the Impact of Cashless Transactions on Travel Agencies before and after Demonetization of Ulhasnagar and Kalyan Areas”.
  4. Ms. Kirti Verma, “A Study of E-Commerce and Customer Delight with special reference to Private Banking Services”.

The following four students have successfully completed their doctorates in Business Economics:

  1. Dr. Tasneem Razmi (2017) - “A Study of Customer Satisfaction of Private Banks in Mumbai”.
  2. Dr. Sunil Lalchandani (2019) - “A Descriptive Study on Performance of Tourism Sector in Rajasthan and its Impact on Economy”.
  3. Dr. Kesar Lalchandani (2019) - “An Empirical Study on the Financial and Other Technical Problems faced by Small Scale Plastic Bags Industries (with special reference to Thane District)”.
  4. Dr. Jasbir Kaur Sodi (2020) - “Reviewing Microfinance as an Important Tool of Financial Inclusion in India”.

Vacancy in the same is 1

Admission Process: As per UGC guidelines and University guidelines

UGC guidelines for Phd of 2016: Click here to view

UGC circular for plagiarism: Click here to view

UGC circular for plagirism: Click here to view

UGC guidelines for Phd of 2016: Click here to view

A new Centre for Ph.D. in Business Economics (Commerce Faculty) with 5 seats started functioning from March 6, 2014, under the guidance of Dr. Geeta Nair. Four students, Tasneem Razmi, Sunil Lalchandani, Kesar Lalchandani and Jasbir Kaur Sodi have successfully completed their doctorates and 4 new students have registered in 2019. The Department of Business Economics of H.R. College and K.C. College along with Meghnad Desai Academy of Economics conducted the following program:

Research University Higher School of Economics, Moscow; on March 12, 2022.

ACTIVITIES 2021-2022


September 24, 2021 Participants: 70

Department of Economics of K.C. College under its Speaker Series, and the Department of Business Economics of H.R. College, organised a talk in collaboration with Meghnad Desai Academy of Economics.

Mr. Prashanth Irudayaraj delivered an online lecture on the topic ‘Cryptocurrency 101’. He spoke about the origin of Cryptocurrency, its functioning, and the opportunities of Crypto. The students had questions regarding crypto and its future in the Indian economy.

Key Highlights were as follows:

  1. The blockchain ledger is a computer program. It functions as a behind-the-scenes backbone where all [financial] transactions are securely recorded without any intermediaries in a ledger that every participant can see, but no one can change unless by an authorized transaction recorded on this blockchain.
  2. The name cryptocurrency is a combination of cryptography and currency. With cryptography, we use advanced math to secure our funds, making sure that nobody else can spend them.
  3. Its permission-less as no one can stop using cryptocurrency. Centralized payment services, on the other hand, can freeze accounts or prevent transactions from being made.
  4. A cheap and fast payment method as a transaction to someone on the other side of the world, money can be with them within seconds - at a fraction of the cost of an international wire transfer.
  5. It's speculation since there's no intrinsic correct value for it. Bitcoin is worth what people decide it's worth each day.
  6. Bitcoin is the biggest coin by market cap, having first launched just over 10 years ago.
  7. Today’s major crypto coin players are Bitcoin (BTC), Ethereum (ETH), Cardano, and Ripple.

The students found the talk very informative. The session ended with Q&A and all queries were addressed effectively.


March 12, 2022

Students of H.R., K.C. & M.D.A.E. attended a session organised in collaboration, with the Meghnad Desai Academy of Economics and ORF.

After opening remarks by Mr. Dhaval Desai, Senior Fellow & Vice President, ORF; the speakers were introduced by Dr. Bhagyashri Dabke, Program Coordinator, MDAE.

Both Dr. Sanjay Deshpande, Director of Centre for Central Eurasian Studies, University of Mumbai, and Dr. Nivedita Kapoor, Post-doctoral Fellow, Higher School of Economics, National Research University, Moscow made a run-through of their analysis of the Russia Ukraine Crisis. Several points were raised and discussed well by are speakers. The key highlights of the session are as follows:

  1. Ukraine alone makes up almost half of the exports of sunflower oil. If harvesting and processing are hindered in a war-torn Ukraine, or exports are blocked, importers will struggle to replace supplies.
  2. Disruptions to food supplies could have “potentially dire consequences” for poor countries.
  3. Prices for energy grains and metals soared since the invasion of Ukraine, signaling that inflation rates are poised to accelerate.
  4. India could be one of the majorly impacted countries since it imports 80 percent of its crude oil from other countries.
  5. India has limited connections relating to the banking & corporate sector with both the countries so the impact shall be negligible in such areas.
  6. Russia is also one of the largest wheat producers in the world & accounts for more than 18% of the international exports
  7. UPI in financial year 21-22, crossed the $1 Trillion mark in transactions If UPI can fill such a vacuum it shall be a great leap for India in the finance sector by UPI being the vacuum filler & replacing SWIFT in the Russian market.

The session concluded with a vote of thanks by Dr. Nandini Sengupta, K.C. College.

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