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B-COM in Economics at DR. RAM MANOHAR LOHIA MAHAVIDYALAYA, JURIA (JALIHAPUR)
Kanpur Dehat, Uttar Pradesh
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About the Specialization
What is Economics at DR. RAM MANOHAR LOHIA MAHAVIDYALAYA, JURIA (JALIHAPUR) Kanpur Dehat?
This B.Com program at Dr. Ram Manohar Lohia Mahavidyalaya, affiliated with CSJMU, focuses on a strong foundation in Commerce with a significant emphasis on Economics. It equips students with a comprehensive understanding of economic theories, principles, and their practical application in the Indian business landscape, addressing the evolving needs of the country''''s economy.
Who Should Apply?
This program is ideal for 10+2 graduates passionate about understanding economic trends and their impact on commerce. It suits individuals aiming for careers in financial analysis, market research, or economic policy in India, and those seeking to build a robust foundation for postgraduate studies in Economics or Management.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India suchs as financial analysts, economic consultants, market researchers, or business development executives. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential in established Indian companies and startups. The program also aligns with preparatory paths for competitive exams and professional certifications.
Student Success Practices
Foundation Stage
Build Strong Economic Fundamentals- (Semester 1-2)
Focus intently on understanding core Micro and Macro Economics concepts, as these form the bedrock for advanced studies. Regularly review class notes, solve numerical problems, and read introductory economic texts to solidify your grasp. Participate in classroom discussions to clarify doubts and deepen understanding.
Tools & Resources
NCERT Economics books (Class 11 & 12), Introductory Economics textbooks (e.g., H.L. Ahuja), Khan Academy Economics modules
Career Connection
A strong foundation in economic theory is crucial for analytical roles in finance, market research, and policy analysis, setting the stage for future specialization and success.
Develop Data Interpretation Skills- (Semester 1-2)
Engage with business statistics and basic data analysis to interpret economic data effectively. Practice drawing conclusions from charts, graphs, and tables. Utilize spreadsheet software like MS Excel for initial data handling and visualization exercises.
Tools & Resources
MS Excel tutorials, Online statistics courses (e.g., NPTEL), Business newspapers for economic data sections
Career Connection
Proficiency in data interpretation is highly valued in roles requiring market analysis, financial reporting, and economic forecasting across Indian industries.
Join Peer Study Groups- (Semester 1-2)
Form small study groups with classmates to discuss complex economic concepts, solve problems collaboratively, and prepare for examinations. Teaching peers often reinforces your own understanding and exposes you to diverse perspectives.
Tools & Resources
WhatsApp groups, College library study rooms, Online collaboration tools
Career Connection
Enhances critical thinking, communication, and teamwork skills – vital for corporate environments and group projects in the professional world.
Intermediate Stage
Analyze Indian Economic Policies- (Semester 3-4)
Actively follow and critically analyze current economic policies and events in India, linking them to the theoretical concepts learned in Indian Economy and Money & Banking. Read financial newspapers and magazines regularly to stay updated on real-world applications.
Tools & Resources
The Economic Times, Business Standard, RBI website for policy updates, NITI Aayog reports
Career Connection
Develops a contextual understanding of the Indian economic landscape, essential for roles in government, banking, and economic journalism.
Undertake Mini Economic Projects- (Semester 3-5)
Initiate small-scale research projects or case studies related to local economic issues, managerial decision-making, or specific industry analysis. Apply economic models to real-world scenarios, even if it''''s a hypothetical business problem.
Tools & Resources
Online journals, Industry reports (e.g., FICCI, CII), Library resources for case studies
Career Connection
Practical application of economic theories enhances problem-solving abilities and provides tangible examples for internship and job interviews, showcasing initiative.
Network with Alumni and Faculty- (Semester 3-5)
Seek opportunities to interact with college alumni working in economics or finance sectors and engage with faculty for guidance on career paths. Attend departmental seminars or workshops to expand your professional network and gain insights.
Tools & Resources
LinkedIn, College alumni association portals, Departmental events
Career Connection
Early networking can open doors to mentorship, internships, and potential job opportunities, offering practical career guidance and industry exposure.
Advanced Stage
Specialize through Electives and Projects- (Semester 5-6)
Deep dive into your chosen specialization subjects like Managerial Economics, International Economics, Public Finance, and Indian Financial System. Select project topics that align with your career interests and apply advanced economic modeling or analytical techniques.
Tools & Resources
Advanced economic textbooks, Research papers, Statistical software (e.g., R, Python basics)
Career Connection
Provides focused expertise, making you a strong candidate for specific roles in finance, trade analysis, public policy, or further academic pursuits in economics.
Prepare for Professional Placements & Higher Studies- (Semester 5-6)
Actively prepare for campus placements by honing interview skills, resume building, and aptitude tests. If considering higher education, research master''''s programs in Economics/Commerce and prepare for entrance exams like CAT, MAT, or university-specific tests.
Tools & Resources
Placement cell workshops, Online aptitude platforms, Career guidance counselors
Career Connection
Directly impacts securing entry-level jobs in leading Indian companies or gaining admission to reputable postgraduate programs, establishing your career trajectory.
Undertake an Industry Internship- (Semester 6 (during/after))
Actively seek and complete an internship in a relevant industry sector such as banking, financial services, market research, or a government economic department. Apply theoretical knowledge to practical situations and gain invaluable real-world experience.
Tools & Resources
College placement cell, Internshala, Naukri.com, LinkedIn for internship postings
Career Connection
Provides crucial industry exposure, builds a professional network, enhances your resume, and often leads to pre-placement offers or strong references, significantly boosting employability in the Indian job market.
Program Structure and Curriculum
Eligibility:
- 10+2 examination from a recognized board in any stream, preferably Commerce or Economics.
Duration: 3 years (6 semesters)
Credits: 160 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C010101T | Financial Accounting | Core | 6 | Accounting Principles, Journal and Ledger, Trial Balance, Final Accounts, Branch and Departmental Accounts |
| C010102T | Business Organisation & Management | Core | 6 | Business Forms, Management Principles, Planning and Organising, Motivation and Leadership, Business Environment |
| C010103T | Micro Economics | Core (Economics Focus) | 4 | Demand and Supply, Consumer Behavior, Production Analysis, Market Structures, Factor Pricing |
| C010104 | Co-curricular: Physical Education & Yoga | Co-curricular | 2 | Fitness Concepts, Yoga Asanas, Sports Psychology, Health and Wellness |
| C010105 | Value Added Course: Communication Skills | Value Added Course | 2 | Verbal Communication, Non-verbal Communication, Listening Skills, Presentation Skills, Report Writing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C020201T | Business Law | Core | 6 | Contract Act 1872, Sale of Goods Act 1930, Negotiable Instruments Act 1881, Consumer Protection Act 2019, Indian Partnership Act 1932 |
| C020202T | Business Statistics | Core | 6 | Data Collection & Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers |
| C020203T | Macro Economics | Core (Economics Focus) | 4 | National Income Accounting, Theories of Employment and Output, Inflation and Deflation, Monetary and Fiscal Policies, Business Cycles |
| C020204 | Co-curricular: Computer & Information Technology | Co-curricular | 2 | Computer Fundamentals, Operating Systems, MS Office Applications, Internet & E-mail, Cyber Security Basics |
| C020205 | Value Added Course: Personality Development | Value Added Course | 2 | Self-Awareness, Goal Setting, Time Management, Stress Management, Interpersonal Skills |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C030301T | Corporate Accounting | Core | 6 | Share Capital, Debentures, Company Final Accounts, Amalgamation, Reconstruction |
| C030302T | Indian Economy | Core (Economics Focus) | 6 | Features of Indian Economy, Economic Planning in India, Agriculture and Industry, Poverty and Unemployment, Economic Reforms |
| C030303P | Skill Enhancement Course: Data Analysis | Skill Enhancement Course | 2 | Introduction to Excel, Data Visualization, Statistical Functions, Pivot Tables, Basic Data Interpretation |
| C030304 | Value Added Course: Digital Literacy | Value Added Course | 2 | Digital Tools, Online Safety, E-governance Services, Digital Communication, Basic Coding Concepts |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C040401T | Cost Accounting | Core | 6 | Cost Concepts, Material Costing, Labour Costing, Overhead Costing, Process Costing |
| C040402T | Money and Banking | Core (Economics Focus) | 6 | Functions of Money, Demand and Supply of Money, Commercial Banking, Central Banking, Monetary Policy in India |
| C040403P | Skill Enhancement Course: E-filing of Tax Returns | Skill Enhancement Course | 2 | Income Tax Basics, TDS/TCS, Types of IT Returns, Online Filing Procedure, Common Tax Forms |
| C040404 | Value Added Course: Environmental Studies | Value Added Course | 2 | Ecosystems, Biodiversity, Environmental Pollution, Climate Change, Sustainable Development |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C050501T | GST & Customs Law | Core | 6 | GST Framework, Levy and Collection of GST, Input Tax Credit, Customs Act, Valuation under GST and Customs |
| C050502T | Auditing | Core | 6 | Auditing Principles, Internal Control, Audit Procedures, Audit Report, Types of Audit |
| C050503D | Managerial Economics | Discipline Specific Elective (Economics Focus) | 6 | Decision Making Tools, Demand Forecasting, Cost and Production Analysis, Pricing Strategies, Capital Budgeting |
| C050504D | International Economics | Discipline Specific Elective (Economics Focus) | 6 | Theories of International Trade, Balance of Payments, Exchange Rate Regimes, Trade Policy Instruments, International Economic Institutions |
| C050505P | Project Work | Project | 4 | Research Methodology, Data Collection, Analysis and Interpretation, Report Writing, Presentation |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C060601T | Income Tax Law & Practice | Core | 6 | Residential Status, Heads of Income, Deductions, Tax Computation, Assessment Procedures |
| C060602T | E-Commerce | Core | 6 | E-Commerce Models, Online Payment Systems, Digital Marketing, Cyber Laws, E-security |
| C060603D | Public Finance | Discipline Specific Elective (Economics Focus) | 6 | Role of Government in Economy, Public Revenue (Taxation), Public Expenditure, Public Debt, Fiscal Policy and Federalism |
| C060604D | Indian Financial System | Discipline Specific Elective (Economics Focus) | 6 | Financial Markets (Money & Capital), Financial Institutions, RBI and SEBI, Financial Instruments, Financial Reforms in India |
| C060605P | Internship / Viva-Voce | Internship / Viva-Voce | 4 | Practical Industry Exposure, Application of Concepts, Professional Report Preparation, Interview Skills, Project Defense |
