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BA-PROG in Economics And Human Resource Management at Delhi College of Arts and Commerce
Delhi, Delhi
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About the Specialization
What is Economics and Human Resource Management at Delhi College of Arts and Commerce Delhi?
This Economics and Human Resource Management program at Delhi College of Arts and Commerce focuses on equipping students with a robust understanding of economic principles combined with the strategic management of human capital. It blends analytical economic thought with practical HR functions, addressing critical demands of the evolving Indian business landscape. The program uniquely prepares graduates for roles requiring both market insight and people management skills.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into dynamic roles in corporate HR, economic analysis, or public sector management. It also benefits aspiring HR professionals, consultants, or those interested in socio-economic research. Students with a strong aptitude for analytical thinking and an interest in organizational dynamics and workforce development will thrive in this multidisciplinary environment.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including HR Generalist, Talent Acquisition Specialist, Compensation Analyst, Economic Researcher, or Policy Analyst. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. They can also pursue postgraduate studies in Economics, HRM, or Business Administration, aligning with certifications from NHRDN or relevant industry bodies.
Student Success Practices
Foundation Stage
Master Core Economic and HR Fundamentals- (Semester 1-2)
Diligently study foundational concepts in micro/macroeconomics and HR management. Utilize textbooks, online tutorials, and peer study groups to solidify understanding. Focus on conceptual clarity and problem-solving techniques for economic models and HR processes.
Tools & Resources
NCERT Economics books, Khan Academy, Investopedia, Online HR blogs, Study groups
Career Connection
A strong foundation is crucial for advanced subjects and for cracking entry-level assessments in analyst or junior HR roles. It builds the prerequisite knowledge for specialized roles.
Develop Communication and Presentation Skills- (Semester 1-2)
Actively participate in classroom discussions, present projects, and join college clubs focused on public speaking and debates. Practice writing clear and concise reports, essential for both economic analysis and HR documentation. Seek feedback from professors and peers.
Tools & Resources
Toastmasters International (college chapter), Debate societies, Grammarly, Presentation software
Career Connection
Effective communication is paramount for HR professionals and economists presenting data or policies. It enhances interview performance and professional interactions.
Build Basic Data Literacy and Digital Skills- (Semester 1-2)
Familiarize yourself with basic data handling tools like MS Excel. Learn to organize, analyze, and present simple datasets. Explore introductory courses on data interpretation to prepare for quantitative subjects in later semesters.
Tools & Resources
Microsoft Excel tutorials, Google Sheets, Online courses on Data Entry and Basic Analysis
Career Connection
Proficiency in digital tools and data handling is a fundamental requirement across all industries, boosting efficiency in any HR or economic research role.
Intermediate Stage
Engage in Practical Application and Case Studies- (Semester 3-5)
Actively seek opportunities for internships in HR departments or economic research firms. Participate in case study competitions and workshops that apply theoretical knowledge to real-world Indian business scenarios. Focus on problem-solving and critical thinking.
Tools & Resources
Internshala, AIESEC, College case study clubs, Harvard Business Review case studies (Indian context)
Career Connection
Practical exposure bridges the gap between academic learning and industry demands, making students job-ready and providing valuable networking opportunities for placements.
Specialize Skills with Electives and Certifications- (Semester 3-5)
Carefully choose Skill Enhancement Courses (SECs) and Discipline Specific Electives (DSEs) that align with your career aspirations (e.g., Data Analysis, Research Methodology, Compensation Management). Consider online certifications in areas like HR Analytics or Financial Modeling.
Tools & Resources
Coursera/edX for specialized courses, NPTEL, SHRM certifications (introductory), NSE Academy
Career Connection
Specialized skills differentiate candidates and enhance employability in specific roles within HR or economics, potentially leading to higher starting salaries.
Network and Participate in Industry Events- (Semester 3-5)
Attend seminars, webinars, and conferences related to economics and human resources organized by the college or external bodies. Connect with faculty, alumni, and industry professionals on platforms like LinkedIn. Join professional student chapters.
Tools & Resources
LinkedIn, NHRDN student chapter, College alumni network events, Industry association events
Career Connection
Networking opens doors to mentorship, internships, and job opportunities. Industry insights gained are invaluable for career planning and staying updated.
Advanced Stage
Undertake Research Projects and Dissertations- (Semester 6)
Collaborate with faculty on research projects or pursue a dissertation in your area of interest. This hones research, analytical, and critical thinking skills, producing tangible work that can be showcased to potential employers or for higher studies.
Tools & Resources
JSTOR, Google Scholar, SPSS/R/Python for statistical analysis, Faculty mentors
Career Connection
Research experience is highly valued in analytical roles, consulting, and for admission to top postgraduate programs, demonstrating intellectual curiosity and problem-solving abilities.
Intensive Placement and Interview Preparation- (Semester 6)
Engage in rigorous placement preparation, including resume building, mock interviews, group discussions, and aptitude test practice. Tailor your resume and cover letter to specific job descriptions in HR or economic roles. Utilize the college''''s placement cell extensively.
Tools & Resources
College placement cell resources, Online aptitude tests, Mock interview platforms, Company-specific preparation guides
Career Connection
Dedicated preparation is key to securing desired placements in competitive Indian job markets. It sharpens professional readiness and confidence.
Develop Leadership and Teamwork Capabilities- (Semester 6)
Take on leadership roles in student organizations, manage college events, or lead group projects. Focus on fostering teamwork, conflict resolution, and strategic planning. These soft skills are critical for managerial roles in both HR and general management.
Tools & Resources
Student council, Event management committees, Project management tools (Trello, Asana), Leadership workshops
Career Connection
Strong leadership and teamwork skills are highly sought after by employers, enabling graduates to take on greater responsibilities and advance quickly in their careers.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 3 years (6 semesters) for BA Degree
Credits: 132 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC DSC1 | Principles of Microeconomics - I | Discipline Specific Core (Economics) | 4 | Basic Economic Problems, Demand and Supply, Consumer Behavior, Production and Cost, Market Structures |
| HRM DSC1 | Introduction to Human Resource Management | Discipline Specific Core (Human Resource Management) | 4 | Role of HRM, HR Functions, Workforce Planning, Job Analysis, Recruitment and Selection |
| AEC1 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Ecosystems and Biodiversity, Environmental Pollution, Natural Resources, Sustainable Development, Environmental Policies |
| VAC1 | Constitutional Values and Fundamental Duties | Value Addition Course (Example) | 2 | Preamble of Constitution, Fundamental Rights, Directive Principles of State Policy, Fundamental Duties, Constitutional Amendments |
| GE1 | Generic Elective - I | Generic Elective | 4 | Interdisciplinary subject from a diverse pool selected by student |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC DSC2 | Principles of Macroeconomics - I | Discipline Specific Core (Economics) | 4 | National Income Accounting, Determination of Output and Employment, Money and Banking, Inflation, Open Economy Macroeconomics |
| HRM DSC2 | Organizational Behavior | Discipline Specific Core (Human Resource Management) | 4 | Foundations of OB, Perception and Attitudes, Motivation Theories, Leadership Styles, Group Dynamics and Teamwork |
| AEC2 | English/Hindi/MIL Communication | Ability Enhancement Compulsory Course | 2 | Reading and Comprehension, Writing Skills, Grammar and Vocabulary, Presentation Skills, Formal Communication |
| VAC2 | Ethics and Values in Ancient Indian Traditions | Value Addition Course (Example) | 2 | Concepts of Dharma and Karma, Purusharthas and Ashramas, Values from Vedas and Upanishads, Buddhist and Jain Ethics, Ethical Dilemmas |
| GE2 | Generic Elective - II | Generic Elective | 4 | Interdisciplinary subject from a diverse pool selected by student |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC DSC3 | Statistical Methods for Economics | Discipline Specific Core (Economics) | 4 | Measures of Central Tendency, Measures of Dispersion, Probability Theory, Sampling Distributions, Correlation and Regression Analysis |
| HRM DSC3 | Human Resource Development | Discipline Specific Core (Human Resource Management) | 4 | HRD Concepts and Systems, Training Needs Analysis, Training Design and Evaluation, Career Development, Employee Empowerment, Organizational Development |
| SEC1 | Data Analysis | Skill Enhancement Course (Example) | 2 | Data Collection Methods, Data Presentation, Measures of Association, Introduction to Data Software (Excel/R), Data Interpretation |
| VAC3 | Digital Empowerment | Value Addition Course (Example) | 2 | Digital Literacy, Cyber Security Basics, E-governance Services, Online Collaboration Tools, Digital Rights and Ethics |
| GE3 | Generic Elective - III | Generic Elective | 4 | Interdisciplinary subject from a diverse pool selected by student |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC DSC4 | Principles of Microeconomics - II | Discipline Specific Core (Economics) | 4 | Welfare Economics, Externalities and Public Goods, Asymmetric Information, General Equilibrium, Game Theory, Factor Market Analysis |
| HRM DSC4 | Compensation Management | Discipline Specific Core (Human Resource Management) | 4 | Compensation Strategy, Job Evaluation Methods, Wage Structures, Incentive Schemes, Employee Benefits, Legal Aspects of Compensation |
| SEC2 | Research Methodology | Skill Enhancement Course (Example) | 2 | Research Design, Data Collection Methods, Sampling Techniques, Report Writing, Ethical Considerations in Research, Literature Review |
| VAC4 | Financial Literacy | Value Addition Course (Example) | 2 | Personal Finance Planning, Banking Operations, Investment Basics, Insurance Products, Taxation Fundamentals, Budgeting and Debt Management |
| GE4 | Generic Elective - IV | Generic Elective | 4 | Interdisciplinary subject from a diverse pool selected by student |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC DSC5 | Principles of Macroeconomics - II | Discipline Specific Core (Economics) | 4 | IS-LM Model, AD-AS Model, Business Cycles, Fiscal Policy, Monetary Policy, Exchange Rate Regimes |
| HRM DSC5 | Performance Management | Discipline Specific Core (Human Resource Management) | 4 | Performance Planning, Performance Appraisal Systems, Feedback and Coaching, Managing Underperformance, Rewards and Recognition, Legal Issues in Performance Management |
| SEC3 | Training and Development | Skill Enhancement Course (Example) | 2 | Training Process Cycle, Needs Assessment, Program Design and Delivery, Evaluation of Training Effectiveness, E-learning and Blended Learning, Employee Onboarding |
| EC DSE1 | Development Economics | Discipline Specific Elective (Economics - Example) | 4 | Theories of Development, Poverty and Inequality, Human Capital and Health, Agriculture and Rural Development, International Trade and Development |
| HRM DSE1 | Industrial Psychology | Discipline Specific Elective (Human Resource Management - Example) | 4 | Work Motivation and Job Satisfaction, Stress Management, Leadership in Organizations, Work-Life Balance, Organizational Change, Personnel Selection and Assessment |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EC DSC6 | Indian Economy - I | Discipline Specific Core (Economics) | 4 | Basic Characteristics of Indian Economy, Economic Planning in India, Agriculture Sector Challenges, Industrial Sector Development, Service Sector Growth, Poverty and Inequality in India |
| HRM DSC6 | Labour Laws and Industrial Relations | Discipline Specific Core (Human Resource Management) | 4 | Evolution of Labour Laws in India, Trade Unions and Collective Bargaining, Industrial Disputes Act, Social Security Legislation, Wage and Gratuity Legislation, Employee Grievance Handling |
| SEC4 | Conflict and Negotiation | Skill Enhancement Course (Example) | 2 | Sources of Workplace Conflict, Conflict Resolution Styles, Negotiation Process and Strategies, Bargaining Techniques, Third-Party Intervention, Communication in Conflict Situations |
| EC DSE2 | Public Finance | Discipline Specific Elective (Economics - Example) | 4 | Role of Government in Economy, Public Expenditure, Taxation Principles, Public Debt Management, Fiscal Policy, Budgeting and Fiscal Federalism |
| HRM DSE2 | Cross Cultural Human Resource Management | Discipline Specific Elective (Human Resource Management - Example) | 4 | Cultural Dimensions in HRM, Managing Global Workforce, Expatriate Management, International HRM Strategies, Cultural Adaptation and Training, Global Staffing Challenges |
