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Economics
  • Introduction
  • Staff members
  • Activities
  • Career Options
  • Staff Achievements
  • Students Achievements

The Department of Economics, established in 1961, is one of the oldest departments of Mithibai College. Department offers a 3-year integrated B.A. programme in Economics with total of 18 papers spread across six semesters and a 2-year integrated M.A programme in Economics (CBCS) covering a total of 16 papers across four semesters.
Department also offers 08 papers of Economics for the B. Com. Programme.

 

The department encourages & motivates students to participate in inter-collegiate competitions. Students from the department have won honours and awards for their outstanding performances at these events.

Key reasons why learners should enrol for the programme.

Ø  It offers theory and practical courses like PYTHON designed to inculcate skills required to undertake analytical and applied tasks in their respective research.

Ø  It offers updated curriculum to compete against leading universities such as Delhi University and California University to name a few.

Ø  It provides students with ample opportunities to undertake their own research under the guidance of Research Scholars.

Ø  Internships and job opportunities with organizations such as RBI, Credit Rating Agencies and Teach for India, both in public and private sectors are available to graduates of these programmes.

Ø  The programmes offered under the department will help the learners to pursue higher studies in the field of finance, applied economics & research.

Ø  Students have been offered admissions for their higher studies by leading universities such as The London School of Economics, University of Singapore, University of Yale and University of Glasgow among many others.


  • 1Mrs. Bidisha D. SarkarAssociate Professor
    Head of Department
  • 1Mr. Manish Z. GogariAssociate Professor
  • 1Megha B. PaiAssistant Professor
  • 1Mr. Gorkhnath T. UttekarAssistant Professor
  • 1Ms. Riddhi DedhiaAssistant Professor
  • 1Ms. Bhavika patniAssistant Professor
  • 1Ms. Dipti DhandhaAssistant Professor
  • 1Dr. Prakash SalviAssistant Professor
  • 1Mrs. Bidisha D. SarkarAssociate Professor
    Head of Department
  • 1Mr. Manish Z. GogariAssociate Professor
  • 1Megha B. PaiAssistant Professor
  • 1Mr. Gorkhnath T. UttekarAssistant Professor
  • 1Ms. Riddhi DedhiaAssistant Professor
  • 1Ms. Bhavika patniAssistant Professor
  • 1Ms. Dipti DhandhaAssistant Professor
  • 1Dr. Prakash SalviAssistant Professor
  • Saif Sayed, T.Y.B.A student with guidance from Ms. Archana Garate, Librarian conducted a demonstrative technical session on how to source research material using NLIST for TYBA (A) Economics class for the purpose of undertaking literature review and reference management for their Economics paper UAMAECO609, which is a research based 'Project' on Tuesday, 29.12.2022, at 9.06 am in room 415.
  • Excerpts from the movie ‘The Big Short’ was screened for TYBA Economics students on Tuesday, 29.12.2022, at 7.30 am in room 415, followed by a discussion on the Global Financial Crisis 2008 for the course on Macroeconomics – III.
  • Mithibai Economic Forum (MEF) orientation for students was held on 11th November 2022 at 12.00 pm in Juhu Jagruti Hall. Students were given information on activities and programs of MEF and encouraged to join the various departments for carrying forward the activities for the academic year 2022-23.
  • Mithibai Economic Forum (MEF) conducted 3 live sessions on Instagram on the themes of ‘The Art of investing for Beginners and Pros’ by CA Mahima Vacchrajani on 6th November at 4.00 pm; ‘How to manage and grow your portfolio?’ by Brahmi Kapasi on 13th November at 4.00 pm and ‘Transforming the World with AI’ by Paras Madan on 26th November at 4.00 pm for more than 100 participants.
  • Mithibai Economic Forum (MEF) conducted an intercollegiate online masterclass on the topic ‘Exponential Growth for Wealth Creation’ for students conducted by CS Harsh Vira on 27th November, Sunday at 1.00 pm on MSTEAMS.
  • The Economic Transcript (TET), published the monthly issue of E-magazine on the cover theme of ‘Homosexuality: Acceptance in a divided World’.
  • On January 4th, 2023, The Economic Transcript (TET) held its largest-ever event, The Judgement Day, at the Juhu Jagruti Hall under the leadership of Manasi Varwandkar, who is the current Editor-In-Chief (EIC) of TET. The event was judged by Mr. Sankalp Meshram, an award-winning film editor with five National Awards, and Mr. Anish Saha, Sales and Marketing Manager at XIRCLS - Collaborative Marketing Network. The objective of The Judgement Day event was to provide a platform for participants to showcase their innovative ideas for leading a planet as the supreme leader. The event aimed to foster creativity and strategic thinking among the participants, as well as to provide a unique opportunity for networking and learning from industry experts.
  • On 19th January 2023, a group of 56 students of Mithibai (TYBCOM/BA) accompanied by 5 teachers undertook a study tour to Shirpur in Dhule district with an aim to visit the NMIMS Shirpur campus, textile factories, organic farms and also the water conservation project implemented under the guidance and support of Shri. Amrishbhai Patel. The outcome of this field visit was experiencing and learning about the ongoing SVKM projects first hand by visiting the project sights and acquiring knowledge about their functioning and operations for sustainability not only in the field of education but also in so many other areas of development.
  • Mithibai Economic Forum (MEF) under the Department of Economics, conducted its flagship event “The Annual Conclave”, on 11th February 2022 from 11 AM Onwards. The Theme for the Conclave was, “TechNomics: Integrating the Modern Economy with Technology." The objective of this conclave was to receive a deeper insight into the role Technology plays in shaping the world economy. The Speakers were :
Satish Kataria - Founder Fandora and InvestSprint and author of UNBLOC
Tridib Bhattacharjee - Leadership Advisor, Management Consultant, Ex-Tata Motors
Sujit Bangar - Founder - Taxbuddy.com, Ex - IRS, Harvard Alumni
Pratekk Agarwaal - Passionate Entrepreneur and Fintech Expert, IIM K Alumni
Moderator-Deepankar Goyal - HR Manager, Piramal Pharma, MBA (HR),NMIMS
The Event saw a participation of 100 + Students across the people from diverse streams. One of the key takeaways were that Technology has become an integral part of our lives.With the advent of AI, ChatGPT and other tools, though our life has become much easier, we need to pay our attention towards what can be the major challenges and also looking at what can be the potential opportunities we can encounter in future.

      Students have successfully completed internships with reputed firms like Ernst & Young, Centre for Civil Society, Edelman, The Times of India, CRISIL, Public and Private Sectors Banks, Global policy insights, GruwitZ, International Institute of SDG's and Public Policy Research, Youth India Foundation, EY, Inventure Growth and Securities Limited, Paytm, Bharat Petroleum Corporation Limited, PwC India, ET Edge - An Economic Times Initiative

      Students have been placed in companies like Morgan Stanley, KPMG, EY , Deloitte (USI - CS), Barclays, PwC, ZS Associates (New Company), ICICI Bank, Futures First, J.P. Morgan Chase, Deutsche Bank, Phillip Capital (New Company), Aditya Birla Capital (New Company), BNP Paribas (New Company), TCS (Atlas) 

       Annual packages offered ranging between Rs. 3 lakhs to Rs. 12.88 lakhs. 


Mr. Manish Z. Gogari

  • Presented a Research paper titled ‘Financial Investment During the Lockdown Period of COVID – 19’ in the 5th International Conference on Industry 4.0: Post Pandemic Revolution organised by Mahatma Education Society’s Pillai College of Arts, Commerce & Science (Autonomous) in association with Millennium University, East Africa (06th March 2021)
  • Participated in one day online Workshop on Data Analysis in Social Sciences using Blue Sky Statistics, JAMOVI and JASP organised by Department of Economics, S K Somaiya College, Somaiya Vidyavihar University, Mumbai, Maharashtra. (Monday 01st March 2021)
  • Participated in a one week online Faculty Development Programme (FDP) on Module on Curriculum Design and Pedagogy for Autonomous Colleges organised by Sangamner Nagarpalika Arts, D J Malpani Commerce and B N Sarda Science College (Autonomous), Sangamner, Maharashtra in collaboration with Rashtriya Ucchatar Shiksha Abhiyan (RUSA), Maharashtra & Centre of Excellence in Teacher Education, TISS, Mumbai (22nd February 2021 to 27th February 2021).
  • Participated in a RUSA sponsored Skill Development Programme (Short Term Course) on 'Mutual Funds' conducted by UGC, HRDC, University of Mumbai.
  • Appointed as a member of Board of Studies in Business Economics, Mithibai College (Autonomous)
  • Appointed as a member of Ad-hoc Board of Studies in Business Economics, University of Mumbai 2017 & 2018.
  • Appointed as Subject Expert for Business Economics in the panel of experts for selection of Assistant Professor.
  • Invited for conducting Performance Improvement Programme (PIP) at Dhanukar College. 
  • Presented and published research papers at various seminars and conferences.
  • “Reduction in Income Inequality & Social Justice: An empirical study of MGNERGA and the social reformer, Dr Babasaheb Ambedkar”, International Multilingual Research Journal, April 2018 (ISSN 2394-5303), pg no 19-23.
  • “Migration: Impact on Recipient & Native Region”, International Conference on Internal & International Migration: Issues & Challenges, (ISBN: 978-93-84648-48-0), Dec 2014
  • “Renewable Energy & Innovative Technology: Instruments of Sustainable Development”
  • “Monetary Policy, Fiscal Policy & Inflation Management”
  • “FDI in Retail: Its Impact on Farming in India
  • Prof. Manish Gogari presented a paper entitled “Monetary Policy, Fiscal Policy and Inflation Management”, at the UGC sponsored one-day State Level Seminar on Inflation and the Common Man, organized by the Department of Business Economics of  J. M. Patel College of Commerce, Goregaon.

Mrs. Bidisha D. Sarkar

  • Appointed as a member of Board of Studies in Business Economics, Mithibai College (Autonomous)
  • Appointed as Subject Expert of Business Economics in the panel of experts for hiring Assisting Professor at various colleges.

Ms. Megha Pai

  • Participated in a one-day workshop on ‘Digital Literacy for Academicians’ organized by L.S.Raheja College on 10th February 2018.
  • Megha Pai participated in a one-day Workshop on Revised Syllabus of TYBA Economics All Papers Semester V and Semester VI organized by Rizvi College and the Adhoc BOS in Economics, University of Mumbai on 20th June 2018.
  • Megha Pai participated in a one-day workshop on PBAS, API, Online Process of CAS organized by IQAC Mithibai College in association with the University of Mumbai on 25th July 2018.
  • Megha Pai participated in the UGC HRDC Refresher Course in Development Economics organized by Mumbai School of Economics and Public Policy from 15th October to 3rd November 2018 at Kalina, UOM.
  • Megha Pai participated in the two day Faculty Development Programme on ‘Research Methodology and Data Analysis using Advanced Excel’ organized by the IQAC, Usha Pravin Gandhi College on 12th and 13th December 2017.
  • Megha Pai and Mustajab Khatir participated in the two day Conference on ‘Political Economy of Public Policy’ held at the Mumbai School of Economics and Public Policy, UOM, Kalina on 15th & 16th December 2017.
  • Megha Pai participated in the one day workshop on ‘Healing Miracles of Yoga Nidra’ held at Mithibai College on 18th December 2017.
  • Megha Pai participated in a Syllabus Revision workshop for Syba Economics paper 3 conducted by D.G. Ruparel College on 7th October 2017

Mr. Gorkhnath T. Uttekar

RESEARCH PAPER PUBLISHED

  • “Services Led Growth in India: An Analysis”, International Journal of Applied and Universal Research, Vol. IV, Issue III, May-June 2017 ISSN: 2395-0269 pp 18-20.
  • “An Analysis of Relationship between Capital formation and Economic Growth in India”, Review of Research Journal, Vol. 7 Issue 1, October 2017, ISSN: 2249-894X pp 57-61.
  • “Urbanization Trends in India: Issues and Challenges” International Journal of Creative Research Thoughts (IJCRT), Vol. 6 Issue 1, January 2018 ISSN: 2320-2882, pp 543- 548.
  • “An Analysis of Employment Growth in Maharashtra”, Pragati Journal of Indian Economy, Vol. 6 No 1 (2019), pp-106-117.
  • “An Analysis of Tourism Infrastructure in Maharashtra”, Manthan Journal of Commerce and Management’ Vol. 7 No 1 (2020), pp-87-97
  • “Sustainability of Indian Agriculture: Issues and Challenges”, Juni Khyat, Vol-10, Issue 5 (19), May 2020. pp-23-33.
  • “Linkages between economy and environment”, IOSR Journal of Business and Management (IOSR-JBM), Vol. 2, Issue 6, Ver. VIII (2018), ISSN: 2278-487X, pp 77-81.
  • “Urbanization Trends in India: Issues and Challenges” International Journal of Creative Research Thoughts (IJCRT), Vol. 6 Issue 1, January 2018 ISSN: 2320-2882, pp 543- 548.
  • “An Analysis of Relationship between Capital formation and Economic Growth in India”, Review of Research Journal, Vol. 7 Issue 1, October 2017, ISSN: 2249-894X pp 57-61.
  • “Services Led Growth in India: An Analysis”, International Journal of Applied and Universal Research, Vol. IV, Issue III, May-June 2017 ISSN: 2395-0269 pp 18-20.
  • “Performance of Scheduled Commercial Banks in India”, International Journal of Research, Vol. 5(2), Jan-June 2016, ISSN: 2231-6124.

    RESEARCH PAPER PRESENTED
    • “An Analysis of Impact of Foreign Direct Investment Inflow on Services Sector in India” at One Day International Interdisciplinary Conference on “Equitable and Prosperous India: Opportunities and Challenges” organized by Department of Commerce, University of Mumbai on 27th April 2017, ISSN: 2319-4766
    • “Foreign Direct Investment and Economic Growth in India” at UGC sponsored 6th One Day National Conference on “Make In India and Skill India: Opportunities and Challenges” organized by Pragati College of Arts and Commerce, Dombivli (E) on 13th February 2017 ISBN: 987-93-83342-29-7
    • “Growth and performance of Micro Small and Medium Enterprises in India” at One Day International Interdisciplinary Conference on “Enhancing Employability through Educational Restructuring and Technological Upgradation” organized by Ramanand Arya D.A.V. College, Bhandup (E) on 1st October 2016, ISSN: 2319-2429
    • “Impact of Foreign Direct Investment on Indian Agriculture” at 2nd International Conference on “World: A Global Village (Issues and Challenges)” organized by Chandrabhan Sharma College of Arts, Science and Commerce in collaboration with University of Mumbai on 6th January 2016 ISBN: 978-93-5249-029-5
    • “A Study on Current Status of Regional Rural Banks in India” at International Conference on “Emerging Trends In Banking, Financial Services and Insurance” organized by Public Night Degree College, Santacruz (E) on 20th January 2015, ISBN: 978-93-83072-68-2
    • “Impact of Self-Help Group Bank Linkage Programme” at International Conference on “Indian Political and economic Scenario: Issues, Opportunities and Challenges” organized by Chandrabhan Sharma College of Arts, Science and Commerce, Powai on 20th December 2014 ISBN: 978-93-83072-65-1
    • “Trends in Indian Agriculture during the Post-Reform Period” at UGC sponsored Two Day National Conference on “Recent Trends in Sectoral Development and their Impact on Indian Economy” organized by K.P.B. Hinduja College on 21st and 22nd  February 2014, ISBN: 978-93-83072-19-4
    • “Impact of Global Economic Crisis 2007-2010 on India’s Trade” at National Conference on “Economic Slowdown and Challenges before Indian Economy” organized by Shri Bhausaheb Vartak  Arts, Commerce and Science College, Borivali (W) on 11th and 12th  January 2014 ISBN: 978-93-5142-394-29)

Dr. Prakash Salvi

  • Has published a paper on “Is Implied Volatility Index (VIX) a Forward-Looking Indicator of Stock Market Movements in India “(Jointly with Amarendra Aacharya,and S. k. Seet), RBI Working Paper No. 13, 2022. Department of Economics and Policy Research, September, 2022. 
  • Six students have been awarded Ph. D under his guidance by University of Mumbai

  • Ms Vidisha Wani from MA Economics programme has secured admission to the University of Yale. 
  • Ms. Heeral Datwani from TYBA Economics chaired the Model United Nations conference. She was among the selected 14 fully-funded scholars to attend The Harvard College Project for Asian and International Relations’ 30th Annual Conference.
  • Nitya Anchan, SYBA student has been offered internship as Operations Summer Analyst at Morgan Stanley.
  • Saif Syed, Saba Godiwala, Zankhi Pabari, Heeral Datwani, at IFTAS (a subsidiary of RBI); Frantically speaking, Acme wealth advisory group, Oneplus Technology India Private Ltd. in the academic year 2022-23.
  • Devarshi Adwani, TYBA was offered the position of Risk Analyst: GRCS by KPMG through Training & Placement Cell.
  • Ms. Vishwa Sankhe, T.Y.B.A student was offered placement through the T&P Cell in Tresvista, as an analyst, Research and investment services, on 30th November 2021.
  • Prajay Katkoria, Alumnus (T.Y.B.A. Batch 2020-21) successfully completed a course on ‘Financial Markets’ offered by Yale university on Coursera platform. He was placed at KPMG.
  • Sagarika Vasa, M.A. ECONOMICS at Mithibai College was placed at Finserve Direct Limited in 2021.
  • Sakshi Adenwala was placed at Accenture Solutions Pvt. Ltd in 2021.
  • Ms. Shreya Salian from TYBA Economics was selected for an internship with the Ernst & Young from 23rd October, 2018 to 23rd January, 2019.
  • Ekta Gandhi, a TYBA student completed her internship with the company Connections. Her job profile included communications management and business development.
  • Diandra won 1st place in poster making competition in Mithimatica 2018 organized by the department of Mathematics on 2nd and 3rd February 2018.
  • Neha Modak and Aakanksha Chandra won second place in Debate competition in the Intercollegiate festival Rostrum Spectrum organized by R.A.Podar College on 7th February 2018.
  • Diandra Pereira and Janhavi Masekar participated in various competitions in the inter-Collegiate DLLE Festival – Elysseum organized by B.L.Amlani College on 10th February, 2018.
  • A contingent of TYBA, SYBA and FYBA students participated in Arthotsav, the Economics Festival of D.G.Ruparel College organized on 15th,16th and 17th February 2018.
  • Diandra Pereira, Aakanksha Chandra and Mahima Agrawal presented a research paper on ‘Digital India – A global change to the world economy’ in a state level research paper competition held on 23rd February 2018 by the Economics Club, Guru Nanak College in association with the Bombay Stock Exchange Broker’s Forum.