YSP Economics, Finance & Markets Advanced - FAQs - Ashoka University

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YSP Economics, Finance & Markets Advanced – FAQs

  • About YSP EFM Advanced

    YSP Economics, Finance & Markets Advanced (EFM Advanced) is a certified 10-day residential programme that builds on EFM Essentials (Week 1) with an additional week of advanced learning. It challenges students to move beyond the fundamentals, applying economic and financial concepts to complex, real-world contexts.

    Yes, YSP Economics, Finance & Markets Advanced (EFM Advanced) is an offline, residential programme and will be held in person at Ashoka University Campus in Sonipat, Haryana.

    In addition to the core concepts covered in YSP EFM Essentials, the programme schedule for YSP EFM Advanced will include:

    • Faculty sessions exploring emerging concepts in global macroeconomics, fintech, sustainable finance, the role of geopolitics in international trade, financial stability and risk management, among others
    • Workshops and hands-on projects where participants move from theory to practice
    • Inspiring speaker sessions with visionary founders and innovators
    • Co-curriculars and social activities in the evenings

    YSP Economics, Finance & Markets (EFM) Advanced will be scheduled both in Edition 1 and 2.

    • Edition 1: May 18 to May 29, 2026*
    • Edition 2: June 1 to June 12, 2026*

    *tentative schedule, subject to change

    No, YSP EFM Advanced does not require any prior background in economics or finance; it builds concepts from the ground up through engaging lectures and practical applications.ts from the ground up through engaging lectures and practical applications.

    If you’re interested in understanding the role of finance within broader economic systems, YSP EFM is the ideal choice for you. Both YSP EFM Essentials as well as YSP EFM Advanced focuses on the financial aspects of economics, exploring key areas such as fiscal and monetary policy, taxation, and related economic frameworks.

    On the other hand, if your interests lie in areas such as venture capital, angel investing, investment banking, and corporate finance, then YSP EBL Essentials / YSP EBL Advanced would be a better fit.

    YSP EFM Essentials is a 5-day programme which builds a strong foundation in economics and finance, focusing on core concepts, policy impacts, and practical case studies. YSP EFM Advanced is a 10-day programme that combines Week 1 of YSP EFM Essentials and dives deeper into complex models and real-world applications, developing a more analytical and strategic understanding of global finance.

    Although completing YSP EFM Essentials is not a prerequisite, YSP EFM Advanced builds directly on its foundation — exploring economic theory, financial analysis, and the practical applications of fiscal and monetary policy in greater depth. Designed as a more rigorous, 10-day programme, it combines the core learning from Week 1 with advanced concepts in Week 2, and also offers optional workshops during the intervening weekend.

    No, YSP EFM Advanced is a 10-day programme that builds directly on the foundation established in YSP EFM Essentials. Therefore, students move from YSP EFM Essentials in Week 1 to Week 2 where they learn to apply economic principles and financial acumen in the context of real-world contexts. For this, it is assumed that participating students are familiar with the core concepts, tools, and frameworks introduced earlier.

    No, the finance component in YSP EFM Advanced goes beyond business, exploring how financial systems, market forces, and fiscal and monetary policies shape economies, societies, and global decision-making.

    Students will engage in advanced simulations, policy labs, and case studies that mirror real-world scenarios – from managing financial crises and designing economic policies to making strategic investment and business decisions.

    No. YSP EFM Advanced is not modeled on a particular school board. It is open to high school students from all educational boards – including CBSE, ICSE, IB, Cambridge, State Boards, and international curricula. The programme is rooted in Ashoka University’s pedagogy that uses a liberal, multidisciplinary, and interdisciplinary approach emphasizing critical thinking, problem-solving, and communication.

    YSP EFM Advanced covers domains such as macroeconomic policy, financial markets and instruments, global trade and development, behavioural finance, investment analysis, and policy design, combining theory with practical, data-driven applications.

  • Programme Outcomes & Certification

    You will strengthen skills like critical and creative thinking, design thinking and problem discovery, business communication and storytelling, negotiation and collaboration, financial reasoning and strategic decision-making, leadership and emotional intelligence, and ethical and inclusive decision-making. These are essential 21st-century skills for any aspiring leader or changemaker.

    By the end of YSP EFM Advanced, you will understand how businesses grow, sustain, and create meaningful impact across diverse contexts. You’ll learn to design and pitch entrepreneurial ideas effectively while gaining confidence in communication, teamwork, and leadership. The programme helps you build an ethical, reflective, and resilient entrepreneurial mindset; equipping you to navigate complex business challenges with purpose. Additionally, you will receive a physical copy of a certificate of completion by Ashoka University provided you attend all sessions and participate meaningfully.

    Globally renowned faculties from Ashoka University, industry experts, scholars, and scientists provide insights on relevant career opportunities In most sessions, there is dedicated time for Q&A, where students can ask questions related to emerging fields, career options, etc.

    Students will also have the opportunity to hold office hours with Ashoka’s undergraduate students who work as counselors during the programme to learn about their academic experiences in specific majors and minors, helping them make informed decisions.

    Yes, you will receive a physical copy of a certificate of completion by Ashoka University provided you attend all sessions and participate meaningfully.

    HSP Ambassadors are creative and proactive Young Scholars Programme (YSP) & Horizons Achievers Programme (HAP) alumni who are selected to represent YSP & HAP in their schools and among their networks.

    Learn more about HSP Ambassadors

    YSP helps students gain clarity about future subject choices, college decisions, and career interests, while experiencing learning beyond school and a glimpse into university life. Students also join the YSP Alumni Network and can apply to be the Office of High School Programmes’s (HSP) Ambassadors.

    Attending YSP Economics, Finance & Markets Advanced (EFM Advanced) will give you an insight on economics, finance and allied disciplines combined with Ashoka’s multidisciplinary approach to higher education, along with a campus tour. This will surely help you explore your interests and assist you in submitting the undergraduate application form at Ashoka University. However, this does not guarantee admission to Ashoka University’s Undergraduate programme.

  • Application Process & Eligibility

    The Ashoka Young Scholars Programme is open to:

    • Students entering Grades 9–12 in the academic year 2027-28
    • Students who have completed Grade 12 in the academic year 2026-27 but are not yet enrolled in an undergraduate programme

    Selection in the Young Scholars Programme (YSP) will be based on –

    1. Academic performance: Applicants must upload scanned copies of their previous two years’ original academic transcripts/marksheets
    2. Essay submission: Applicants are required to submit a 250-word essay. Essays are checked for plagiarism and AI-generated text, so applicants are encouraged to ensure that their submission reflects their own ideas and writing.
    3. Co-curricular activities: This includes participation and achievements in competitions, leadership roles, community initiatives, creative pursuits, or sustained engagement in activities such as sports, music, or the arts. YSP looks for open-minded and curious learners who demonstrate initiative and commitment beyond the classroom.

    YSP applicants must upload scanned copies of their original academic transcript/marksheet for the academic year 2025-26.
    Please ensure that the mark sheets you upload meet the following guidelines:

    1. The marksheet must be clear, complete, and legible, and must not be cropped or blurred.
    2. The marksheet must be authorised by the school and clearly show the applicant’s name, the school’s name, and the official stamp.
    3. For board examinations, only scanned copies of original hard-copy marksheets issued by the respective board are accepted.
    4. The marksheet must be from the academic year 2025-26 and correspond to the grade the applicant studied in during that academic year.For example, applicants entering Grade 10 in the academic year 2027-28 must upload their Grade 8 final examination marksheet from 2025-26.
    5. Before submitting the application, applicants must ensure that they have uploaded the correct final examination or board examination marksheet for the academic year 2025-26.

    No. YSP welcomes students from all academic backgrounds.

    All updates regarding application status and enrollment decisions are shared via the applicant’s registered email address.

    Yes. All enrolled students are required to review and adhere to the programme’s Code of Conduct and Terms & Conditions. The document provided below outlines the policies and expectations that applicants must read and agree to before enrolment.

    YSP 2027 Code of Conduct

    Yes, there is a Waitlist. Applicants who are waitlisted will be notified as such via email. As enrolments are on a rolling basis, we will reach out to waitlisted applicants if a seat becomes available.

    Yes. Students who have recently completed Grade 12 and are NOT yet enrolled in an undergraduate programme are welcome to apply.

    Yes, many students return to YSP to explore a new disciplinary track and deepen their learning in another area of interest. We recommend choosing a different programme track to broaden your perspective and build on your previous YSP experience.

    Yes, students may apply to and attend two or more programmes, provided the respective programme schedules do not overlap with each other.

    Yes, the Young Scholars Programme (YSP) accepts applications from international students.

    Applications for the Young Scholars Programme (YSP) open on 1st December 2026. The early deadline is on 7th March, 2027, 11:59 pm. We recommend applying early since enrollments happen on a rolling basis.

    Students with questions about the application process can contact the YSP applications team at youngscholars@ashoka.edu.in. The YSP applications team closely monitors communications sent to this email and responds promptly to all queries.

  • Programme Fees, Scholarships, and Refund Policy

    Yes, the application fee is ₹1,000 (non-refundable) and must be paid when submitting the application.

    The programme fees for programmes at YSP are as follows:

    Programme nameProgramme Fee
    • YSP Entrepreneurship, Business & Leadership (EBL) Essentials
    • YSP Economics, Finance & Markets (EFM) Essentials
    • YSP Policy, Society & International Affairs (PSIA)
    • YSP Psychology, Behaviour & Well-Being (PBW)
    Rs 49,500 + GST
    • YSP Entrepreneurship, Business & Leadership (EBL) Advanced
    • YSP Economics, Finance & Markets (EFM) Advanced
    • YSP Innovators in Science & Tech (IST)
    • YSP Tech, Data & Computer Science (TDCS)
    Rs 85,000 + GST

    The programme fee includes academic sessions and structured activities, stationery and resource materials, accommodation, and meals for the duration of the programme.

    • Yes. Merit-cum-need-based scholarship is available for eligible applicants. Applicants can apply for the scholarship within the YSP application form, which opens on 1st December 2026. The scholarship application deadline is 7th March 2027.
    • Applicants must submit the required documents detailing their parents’ income for their scholarship application to be considered. The YSP team reviews applications based on both academic merit and financial need. The YSP team informs successful applicants of their scholarship decision, with scholarships covering 100% of the programme fee.

    Selected applicants must complete the payment and enrolment process within five days of receiving their offer.

    The Refund Policy for all programmes under Ashoka Young Scholars Programme (YSP) is as follows:

    Sr. No.DatesRefund PercentageRefund Amount for 5-day programmesRefund Amount for 10-day programmes
    1Till 11th April, 2027 (Before 11:59 PM IST)100% refund₹49,500/- + GST₹85,000/- + GST
    2Between 11th April (Post 11:59 PM IST) and 25th April, 2027 (Till 11:59 PM IST)
    (application deadline & ~4 weeks before the programme)
    50% refund₹ 24,750/- +GST₹42,500 + GST
    3After 25th April, 2027 ( Post 11:59 PM IST)

    (Less than 3 weeks before the programme)

    No refund₹0₹0

     

    All refunds will be initiated and processed only after The Ashoka Young Scholars Programme (YSP) 2027 concludes.

     

  • Campus Life at Ashoka

    Ashoka University shuttles are available for YSP students and their parents between the campus and Azadpur Metro Station, Delhi. Ashoka University does not provide direct transport from airports or railway stations. However, students are free to book transport on their own or use their own vehicles.

    Please note: Updated schedule/changes (if any) will be shared closer to the programme

    There is plenty to do outside the classroom. YSP students can use campus sports facilities, join creative workshops, and enjoy fun activities organised daily in the residence halls with peers from their floor. These activities provide opportunities for peer engagement, interaction, and networking.
    For 10-day programmes, the weekend also includes specially planned workshops and activities, giving students more opportunities to explore, learn, and spend time with their peers.

    YSP students stay on the Ashoka University campus in double-occupancy rooms, sharing their residential experience with peers from different programmes, schools, and backgrounds. Roommates are assigned based on gender and similar grade level, giving students the chance to meet new people and also build friendships beyond their own programme.

    Four balanced meals are provided daily at the main campus dining hall: breakfast, lunch, evening snacks, and dinner, and are included in the programme fees. YSP students can choose from vegetarian, non-vegetarian, vegan, and Jain options at the campus mess. Additional food outlets are available across campus for snacks and other favourites, which students can purchase at their own expense.

    YSP Students have access to a range of facilities and everyday essentials during their stay, including:

    • Medical support: A well-equipped infirmary provides basic first aid and medical assistance free of cost, with a 24/7 ambulance service available.
    • Sports facilities for recreation and evening activities, including an indoor badminton and basketball court, football fields, table tennis, lawn tennis and more!
    • Food & Essentials: Campus food outlets, a tuck shop, a book-cum-stationery store. All meals covered in the programme fees are provided at the mess.
      Note: Any purchases from campus outlets or shops are at the student’s own expense.
    • Personal Care: A unisex salon is available on campus
    • Common facilities: Drinking water coolers are available across campus, while microwaves, refrigerators, and induction plates are available for student use in the residence halls.

    All regular meals are provided at the campus mess.

    **Facility availability and timings are subject to change and will be updated closer to the programme.

    Yes. YSP Students can bring their phones and laptops to use during their free time and throughout their stay. Mobile phones, however, are not permitted during academic sessions so students can stay engaged in class.

  • Support and Safety During YSP

    Students are supported throughout the programme by the YSP Programme Team and the YSP Student Counsellors, who are current Ashoka University undergraduate students. Lab Assistants and Teaching Assistants provide additional support during lab and workshop sessions. Together, these teams help students navigate campus life and provide guidance throughout their stay.

    The Ashoka University campus has 24/7 security personnel stationed across the campus, including at entry and exit points and student residences. CCTV cameras monitor common areas, and access to campus and residential buildings is restricted to authorised individuals. Visitors must register at the main gate and present valid identification. Luggage screening is also conducted upon student arrival.
    During YSP, students are expected to follow the programme’s safety and campus guidelines, including those related to campus access and leaving the campus.

    Students have access to an on-campus infirmary staffed by experienced resident doctors, providing basic medical care and scheduled OPD services. The infirmary and ambulance services are available 24/7 to address medical needs and emergencies.

    Yes. YSP students must carry a valid school or government-issued ID when entering or exiting the campus.

    YSP Students are expected to remain on campus throughout the programme and cannot leave independently.

    In case of an emergency, students must inform the YSP team by emailing youngscholars@ashoka.edu.in, keeping their parent/guardian in CC, and receive approval before leaving campus.

    For 10-day programmes, students may leave campus over the weekend and return on Sunday, with parental consent. Enrolled students receive a parent consent form to share these details in advance. If there are any changes to the plans, students must inform the YSP team by emailing youngscholars@ashoka.edu.in.

    Parents and guardians may accompany YSP students for drop-off and pick-up, but cannot stay on campus or visit during the programme, except on designated pick-up days.

    Parents/guardians are also invited for a campus walk-through on arrival day at programme-specific times.

    YSP Students are responsible for keeping their personal belongings and valuables, including cash, laptops, mobile phones, cameras, and jewellery, secure during the programme.

    Any lost or stolen item should be reported to the Residence Life team or warden at the earliest

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