The need for business economist arises in order to fill the lacunae felt by the Industry for business managers having thorough understanding of economic environment in the rapidly changing scenario. The business organizations have been put under extreme pressure to perform and excel. Realizing the need of the hour, the IER, IPS Academy, was established in the year 1996 with the main objective of imparting high quality job oriented education & training in the field of Micro-Macro international and Business Economics in tune with the emerging new world order.

With the opening up of markets and the dream of the Internet age, global trade barriers have been knocked down. A truly global market place has become a reality in both the physical and virtual realm. This has created immense opportunities in international trade. Indian companies, too, have become outward looking and are adopting various strategies for survival and growth in the international marketing environment. Emboldened by favorable policies, Indian exporters are aiming at world markets with a vigor and interest that was not seen earlier. The rapid growth of exports and imports in the country has thrown open the doors to highly rewarding job opportunities for career seekers and entrepreneurs. An international trade practitioner needs to be knowledgeable about the global trade environment, factors affecting it, rules and regulations and a host of practical issues facing the international trade, community. Professionals and businessmen who are already in the field need to stay updated with the latest market dynamics, policies and practices. For career seekers, vacancies typically come up in the marketing, documentation, shipping and packaging departments of international trading houses as well as corporate organizations with international operations. New recruits are appointed
executives or trainees in functions like export management, pricing, sourcing, costing, export market research, distribution, freight marketing, export finance, documentation, and foreign exchange.
To full fill the above objectives the following courses are being started.