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BCOM in Economics at Government Kalidas Girls College, Ujjain
Ujjain, Madhya Pradesh
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About the Specialization
What is Economics at Government Kalidas Girls College, Ujjain Ujjain?
This Economics specialization program at Government Kalidas Girls College, affiliated with Vikram University, focuses on equipping students with a robust understanding of economic principles, policies, and their application in the Indian context. It delves into microeconomics, macroeconomics, public finance, and international trade, preparing students for analytical roles. The curriculum is designed to meet the growing demand for economically informed professionals in various Indian industries.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in economic analysis, financial markets, and public policy. It is also beneficial for aspiring economists, financial analysts, and those aiming for careers in government sectors, banking, and research institutions. Students seeking to pursue higher education in economics or related fields will find a strong foundational base here.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as financial analysts, economic consultants, market research analysts, and policy advisors. Entry-level salaries typically range from INR 2.5 Lakhs to 4.5 Lakhs annually, with significant growth potential. The program also prepares students for competitive examinations for civil services, banking, and professional certifications in finance.
Student Success Practices
Foundation Stage
Build Strong Economic Fundamentals- (Semester 1-2)
Focus on mastering core micro and macro economics concepts early on. Regularly read economic news from Indian business newspapers like The Economic Times or Business Standard to connect theory with real-world events. Form study groups to discuss complex topics and solve numerical problems together.
Tools & Resources
NCERT Economics Textbooks, The Economic Times, Business Standard, Study Groups
Career Connection
A strong grasp of fundamentals is crucial for higher-level economic analysis and competitive exams, laying the groundwork for roles in research and policy.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Pay close attention to Business Statistics and Mathematics, as these form the backbone of economic analysis. Practice statistical problem-solving daily and utilize software like MS Excel for data analysis projects. Participate in college-level quizzes or competitions focusing on data interpretation.
Tools & Resources
MS Excel, NCERT Math/Statistics books, Online tutorial platforms like Khan Academy
Career Connection
These skills are highly valued in finance, market research, and data analyst roles, enabling informed decision-making.
Enhance Communication and Presentation Skills- (Semester 1-2)
Actively participate in class discussions, give presentations on economic topics, and practice written communication through essay writing. Join college debate clubs or student bodies to refine public speaking. This will improve your ability to articulate complex economic ideas clearly.
Tools & Resources
Debate clubs, Public speaking workshops, College''''s language labs
Career Connection
Effective communication is vital for consulting, research, and any role requiring interaction with clients or stakeholders.
Intermediate Stage
Deep Dive into Indian Economic Policies- (Semester 3-4)
Beyond textbooks, analyze current Indian economic policies, budgets, and government schemes. Regularly follow reports from NITI Aayog, RBI, and Ministry of Finance. Write short analytical pieces or participate in college seminars on these topics to develop critical thinking specific to India.
Tools & Resources
NITI Aayog reports, RBI publications, Government budget documents, Local economic workshops
Career Connection
This contextual knowledge is invaluable for roles in public sector banking, government agencies, and policy research firms in India.
Explore Practical Applications through Internships- (Semester 3-4)
Seek short-term internships during semester breaks with local businesses, NGOs, banks, or small research organizations in Ujjain or Indore. Focus on understanding how economic principles are applied in real-world scenarios, even if unpaid initially. This practical exposure is crucial.
Tools & Resources
College placement cell, LinkedIn, Internshala, Local business directories
Career Connection
Internships provide hands-on experience, build a professional network, and significantly boost employability in the competitive Indian job market.
Participate in Economic Essay Competitions and Quizzes- (Semester 3-4)
Engage in inter-college economic essay competitions, business quizzes, or case study challenges. This not only hones your knowledge but also improves problem-solving under pressure and networking with peers from other institutions. It''''s a great way to test your understanding.
Tools & Resources
Online quiz platforms, College notices for competitions, Economic forums
Career Connection
Such participation develops competitive skills, analytical rigor, and demonstrates initiative, attractive to employers.
Advanced Stage
Focus on Specialization and Project Work- (Semester 5-6)
Dedicate significant effort to your specialization electives and the final year project. Choose a research topic that aligns with your career aspirations in economics, e.g., ''''Impact of GST on SMEs in Ujjain''''. Seek guidance from faculty and external experts. This project showcases your deep understanding.
Tools & Resources
Faculty mentors, Research journals, Statistical software (SPSS/R basics), Library resources
Career Connection
A well-executed project demonstrates research capabilities and a specialized skill set, highly valued for advanced roles and higher studies.
Prepare for Competitive Exams and Placements- (Semester 5-6)
Begin focused preparation for relevant competitive exams (UPSC, RBI Grade B, Banking PO) or placement drives. Practice aptitude tests, general knowledge, and mock interviews. Regularly update your resume and LinkedIn profile, highlighting your economic insights and analytical skills. Attend campus placement workshops.
Tools & Resources
Online test series, Placement cell workshops, Mock interview sessions, Career counseling
Career Connection
Targeted preparation enhances your chances of securing desirable positions in government, banking, or corporate finance sectors immediately after graduation.
Network and Seek Mentorship- (Semester 5-6)
Attend industry webinars, seminars, and alumni meets (if organized by the college). Connect with professionals and alumni working in economic fields on platforms like LinkedIn. Seek mentorship from experienced individuals who can provide career guidance and insights into industry trends in India.
Tools & Resources
LinkedIn, Professional associations (e.g., Indian Economic Association student chapters), Alumni network
Career Connection
Networking opens doors to job opportunities, industry insights, and long-term career support, crucial for navigating the professional landscape.
Program Structure and Curriculum
Eligibility:
- 10+2 in any stream (preferably Commerce/Mathematics) from a recognized board.
Duration: 3 years (6 semesters)
Credits: Credits not specified
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM101T | Financial Accounting | Core | 4 | Accounting Principles, Journal & Ledger, Trial Balance, Final Accounts, Rectification of Errors |
| BCOM102T | Business Law | Core | 4 | Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Consumer Protection Act, Business Ethics |
| BCOM103T | Micro Economics | Core | 4 | Consumer Behavior, Production Theory, Market Structures, Pricing Strategies, Factor Pricing |
| BCOM104F | Foundation Course (Hindi Language) | Foundation | 2 | Grammar, Composition, Official Correspondence, Communication Skills, Indian Culture |
| BCOM105F | Foundation Course (English Language) | Foundation | 2 | Grammar & Usage, Comprehension, Business Communication, Report Writing, Vocabulary Building |
| BCOM106AE | Environmental Studies | Ability Enhancement | 2 | Ecosystems, Biodiversity, Pollution Control, Environmental Management, Sustainable Development |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM201T | Corporate Accounting | Core | 4 | Share Capital Accounting, Debentures, Company Final Accounts, Amalgamation, Liquidation of Companies |
| BCOM202T | Business Statistics | Core | 4 | Data Collection & Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation & Regression, Index Numbers |
| BCOM203T | Macro Economics | Core | 4 | National Income, Theory of Employment, Inflation & Deflation, Monetary & Fiscal Policy, Business Cycles |
| BCOM204F | Foundation Course (Entrepreneurship Development) | Foundation | 2 | Entrepreneurial Characteristics, Business Idea Generation, Project Report Preparation, MSME Sector, Government Schemes for Entrepreneurs |
| BCOM205AE | Computer Applications in Business | Ability Enhancement | 2 | Operating Systems, MS Office Suite, Internet & E-commerce, Database Concepts, Cyber Security Basics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM301T | Cost Accounting | Core | 4 | Cost Concepts & Classification, Cost Sheet, Material Costing, Labor Costing, Overhead Accounting |
| BCOM302T | Company Law | Core | 4 | Company Formation, Memorandum & Articles, Shares & Debentures, Directors, Company Meetings |
| BCOM303T | Indian Economy | Core (Specialization Focus) | 4 | Structure of Indian Economy, Economic Planning, Agriculture & Industry, Poverty & Unemployment, Foreign Trade |
| BCOM304E | Public Finance | Elective (Economics Specialization) | 4 | Public Revenue, Public Expenditure, Public Debt, Fiscal Policy, Budget & Fiscal Federalism |
| BCOM305AE | E-Commerce | Ability Enhancement | 2 | E-Commerce Models, Digital Payments, Online Marketing, Cyber Security in E-commerce, Legal Aspects of E-commerce |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM401T | Management Accounting | Core | 4 | Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Budgetary Control |
| BCOM402T | Income Tax Law and Practice | Core | 4 | Basic Concepts of Income Tax, Residential Status, Heads of Income, Deductions & Rebates, Assessment Procedures |
| BCOM403T | Monetary Economics | Core (Specialization Focus) | 4 | Money Supply & Demand, Commercial Banking, Central Banking (RBI), Monetary Policy, Financial Markets |
| BCOM404E | International Economics | Elective (Economics Specialization) | 4 | Theories of International Trade, Balance of Payments, Foreign Exchange Market, Trade Policy, International Economic Organizations |
| BCOM405AE | Skill Enhancement Course | Ability Enhancement | 2 | Personality Development, Communication Skills, Interview Techniques, Group Discussion, Time Management |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM501T | GST and Customs Law | Core | 4 | Introduction to GST, Supply under GST, Input Tax Credit, GST Procedure, Customs Act Basics |
| BCOM502T | Financial Management | Core | 4 | Financial Planning, Capital Structure, Working Capital Management, Capital Budgeting, Dividend Policy |
| BCOM503T | Development Economics | Core (Specialization Focus) | 4 | Theories of Economic Development, Poverty & Inequality, Human Development Index, Population Growth, Role of State in Development |
| BCOM504E | Agricultural Economics | Elective (Economics Specialization) | 4 | Agricultural Production, Agricultural Marketing, Rural Credit, Agricultural Policies, Food Security |
| BCOM505P | Project Work / Internship | Project | 6 | Research Design, Data Collection, Data Analysis, Report Writing, Presentation Skills |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM601T | Auditing | Core | 4 | Principles of Auditing, Types of Audit, Internal Control, Audit Report, Ethics in Auditing |
| BCOM602T | Human Resource Management | Core | 4 | HR Planning, Recruitment & Selection, Training & Development, Performance Appraisal, Industrial Relations |
| BCOM603T | Environmental Economics | Core (Specialization Focus) | 4 | Resource Economics, Pollution Control, Valuation of Environmental Goods, Green Accounting, Sustainable Development Policies |
| BCOM604E | Indian Financial System | Elective (Economics Specialization) | 4 | Financial Institutions, Capital Market, Money Market, SEBI, RBI Regulations |
| BCOM605V | Viva Voce | Assessment | 2 | Overall Subject Knowledge, Analytical Skills, Communication Skills, Application of Concepts, Problem-Solving Abilities |
