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M-COM in International Business at Government R. C. College of Commerce and Management
Bengaluru, Karnataka
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About the Specialization
What is International Business at Government R. C. College of Commerce and Management Bengaluru?
This M.Com International Business program at Government Ramnarayan Chellaram College of Commerce and Management focuses on equipping students with expertise in global trade, finance, and cross-cultural management. It delves into the intricate dynamics of international markets, preparing future professionals for the complexities of India''''s rapidly expanding global economic footprint. The curriculum emphasizes practical knowledge crucial for navigating international commerce and contemporary business challenges.
Who Should Apply?
This program is ideal for commerce graduates (B.Com, BBA, BBM) seeking to specialize in international trade and global business operations. It caters to fresh graduates aspiring for entry-level roles in export-import, logistics, or international finance. Additionally, it benefits working professionals looking to transition or upskill in international business domains, and entrepreneurs aiming to expand their ventures globally, requiring a strong theoretical and practical foundation in international business principles.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India’s booming international trade sector, including roles as EXIM managers, international marketing specialists, trade finance analysts, or logistics coordinators. Entry-level salaries typically range from INR 3-6 LPA, with significant growth potential up to INR 10-15 LPA for experienced professionals in leading Indian and multinational companies. The program also aligns with professional certifications in supply chain management and international trade finance.
Student Success Practices
Foundation Stage
Build a Strong Global Business Lexicon- (Semester 1-2)
Actively learn and understand core international business terminology, concepts, and economic theories. Regularly read business newspapers like The Economic Times and Business Standard, focusing on international trade news, foreign exchange movements, and global economic policies to grasp the ongoing dynamics.
Tools & Resources
Investopedia, IMF and WTO websites, International Business glossaries
Career Connection
Essential for understanding lectures, engaging in discussions, and performing well in initial job interviews, demonstrating fundamental domain knowledge and analytical capability.
Master Basic Data Analysis & Research Skills- (Semester 1-2)
Develop proficiency in basic statistical tools and research methodologies. Pay close attention to the ''''Research Methodology'''' course and apply learnings to mini-projects. Practice collecting, analyzing, and interpreting business data to draw actionable insights.
Tools & Resources
Microsoft Excel, Basic statistical software (e.g., PSPP), Academic journals like ''''Indian Journal of Commerce''''
Career Connection
Fundamental for market research, financial analysis, and decision-making roles in international business, enhancing analytical capabilities and problem-solving skills.
Engage in Peer Learning and Group Discussions- (Semester 1-2)
Form study groups to discuss complex topics like International Trade Theories or Balance of Payments. Actively participate in classroom debates and case study analyses. Teach concepts to peers to solidify your own understanding and improve communication skills.
Tools & Resources
Collaborative online platforms, College library discussion rooms, Group project tools
Career Connection
Develops communication, teamwork, and critical thinking skills, crucial for cross-functional roles and client interactions in diverse global companies.
Intermediate Stage
Seek Practical Exposure through Internships/Mini-Projects- (End of Semester 2 / During Semester 3 breaks)
Actively look for short-term internships or volunteer for mini-projects in EXIM houses, freight forwarding companies, or international banking divisions. Focus on understanding documentation, logistics, or market research processes to gain hands-on experience.
Tools & Resources
College placement cell, LinkedIn, Local industry associations (e.g., FIEO)
Career Connection
Provides invaluable hands-on experience, builds industry contacts, and strengthens your resume for future placements by demonstrating practical application of theoretical knowledge.
Develop Specialized Software Proficiency- (Semester 3)
Learn and gain proficiency in software relevant to international trade, such as Tally for accounting with foreign currency transactions, or basic ERP systems for supply chain management. Explore tools for trade analytics or customs documentation processes.
Tools & Resources
Tally ERP 9, SAP modules (if available), Online tutorials for trade analytics platforms
Career Connection
Makes you more marketable by offering practical skills demanded in roles like export documentation specialists, trade finance assistants, or supply chain analysts, enhancing operational efficiency.
Participate in Case Competitions & Business Simulations- (Semester 3-4)
Join college-level or inter-college case study competitions related to international business challenges. Engage in business simulations that mimic global market scenarios, focusing on decision-making in areas like international marketing or finance.
Tools & Resources
Case study archives, Online business simulation platforms, Industry case studies
Career Connection
Sharpens problem-solving, strategic thinking, and presentation skills, preparing you for real-world business challenges and showcasing capabilities to potential employers.
Advanced Stage
Focus on Comprehensive Project Work and Internship- (Semester 4)
Treat the mandatory project work and internship as a critical opportunity. Choose a topic that aligns with your career interests (e.g., market entry strategy for a specific product, analysis of India''''s trade agreements). Conduct thorough research and deliver a high-quality report and presentation.
Tools & Resources
Academic databases, Industry reports, Company annual reports, Direct company interaction
Career Connection
This is often a direct pathway to placement. A well-executed project and internship showcase your ability to apply knowledge, conduct independent work, and contribute to an organization, demonstrating readiness.
Build a Professional Network & Attend Industry Events- (Semester 4)
Attend webinars, seminars, and virtual conferences hosted by trade bodies (e.g., FICCI, CII, EXIM Bank). Connect with faculty, alumni, and industry professionals on platforms like LinkedIn. Seek mentorship opportunities to gain insights and guidance.
Tools & Resources
LinkedIn, Industry event calendars, College alumni network, Professional bodies websites
Career Connection
Networking can lead to job referrals, mentorship, and insights into industry trends, significantly aiding in placement and long-term career growth in the international business domain.
Prepare for Placement Interviews with International Focus- (Semester 4 (leading up to placements))
Practice interview questions specifically tailored for international business roles. Be ready to discuss global economic trends, India''''s trade policies, and practical scenarios related to EXIM, logistics, or international finance. Refine your resume and cover letter to highlight international skills and experience.
Tools & Resources
Career services, Mock interview sessions, Online interview preparation guides, Company websites
Career Connection
Directly impacts success in securing desired placements. A well-prepared candidate demonstrates confidence and specific knowledge relevant to the job, making a strong impression.
Program Structure and Curriculum
Eligibility:
- B.Com/B.B.A./B.B.M. or any other equivalent degree with 50% marks in aggregate (45% for SC/ST/Category-I candidates) of all subjects including languages.
Duration: 4 semesters / 2 years
Credits: 100 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 1.1 | Management Process and Organizational Behaviour | Core | 4 | Management Concepts and Functions, Planning and Decision Making, Organizing and Controlling, Organizational Behaviour Foundations, Motivation and Leadership Theories, Group Dynamics and Stress Management |
| 1.2 | International Business Environment | Core | 4 | Nature of International Business, Theories of International Trade, Global Environment Analysis, Political-Legal Environment, Economic and Cultural Environment, Technological Environment and Ethics |
| 1.3 | International Business Economics | Core | 4 | Nature of International Economics, Classical and Modern Trade Theories, Trade Policy Instruments, Balance of Payments, Foreign Exchange Market, International Financial Institutions |
| 1.4 | International Financial Management | Core | 4 | International Financial System, Foreign Exchange Market Operations, Exchange Rate Determination Theories, Currency Risk Management, International Investment Decisions, International Working Capital Management |
| 1.5 | Research Methodology | Core | 4 | Introduction to Research, Research Design and Hypothesis, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 2.1 | International Marketing | Core | 4 | International Marketing Concepts, Market Entry Strategies, International Product Decisions, Global Pricing Strategies, International Distribution Channels, Global Promotion and Digital Marketing |
| 2.2 | International Human Resource Management | Core | 4 | IHRM Framework and Challenges, Global HR Strategies, Cross-Cultural Management, International Recruitment and Selection, Performance Management and Compensation, Repatriation and Global Mobility |
| 2.3 | Foreign Trade Procedures and Documentation | Core | 4 | Export-Import Policy of India, International Trade Agreements, Export Finance and Payment Methods, Export-Import Documentation, Shipping and Logistics, Customs Clearance and Trade Facilitation |
| 2.4 | International Banking and Insurance | Core | 4 | International Banking Operations, Correspondent Banking and SWIFT, EXIM Bank and ECGC, International Insurance Principles, Marine Cargo Insurance, Aviation and Life Insurance |
| 2.5 | Strategic Management | Core | 4 | Strategic Management Process, Environmental Analysis, Strategic Alternatives Formulation, Strategy Implementation, Strategic Control and Evaluation, Corporate Governance |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 3.1 | International Logistics and Supply Chain Management | Core | 4 | Logistics and Supply Chain Concepts, International Transportation Modes, Warehousing and Inventory Management, Global Sourcing and Procurement, IT in Supply Chain Management, Customs and Trade Compliance |
| 3.2 | Cross-Cultural Management | Core | 4 | Culture Concepts and Dimensions, Cross-Cultural Communication, Negotiation Styles Across Cultures, Managing Diversity in Global Teams, Cultural Shock and Adaptation, Ethical Issues in Global Business |
| 3.3 | Global Business Operations | Core | 4 | Global Manufacturing and Outsourcing, Offshoring and Nearshoring Strategies, Technology Transfer and Licensing, Joint Ventures and Strategic Alliances, Mergers and Acquisitions, Foreign Direct Investment (FDI) |
| 3.4 (Elective A) | International Taxation and Custom Management | Elective | 4 | International Tax Principles, Double Taxation Avoidance Agreements, Transfer Pricing Mechanisms, Customs Law and Valuation, Classification of Goods, Duty Drawback and Exemptions |
| 3.4 (Elective B) | International Project Management | Elective | 4 | Project Life Cycle Management, Project Planning and Scheduling, Cost Control and Budgeting, Risk Management in Projects, Global Project Teams and Communication, Project Monitoring and Evaluation |
| 3.4 (Elective C) | Export Import Marketing Management | Elective | 4 | Export Market Selection, Product Adaptation for Exports, Pricing Strategies for Exports, Export Promotion Schemes, Trade Fairs and Exhibitions, Government Export Incentives |
| 3.5 | Comprehensive Viva-Voce | Core | 4 | Overall Subject Knowledge Evaluation, Communication and Presentation Skills, Critical Thinking and Problem Solving, Application of Theoretical Concepts |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 4.1 | India’s Foreign Trade and Policy | Core | 4 | India''''s Foreign Trade Performance, EXIM Policy and Regulations, WTO and India''''s Position, Regional Trade Agreements, Special Economic Zones (SEZs), Export Promotion Councils |
| 4.2 | International Accounting | Core | 4 | International Accounting Standards (IFRS), Harmonization of Accounting Practices, Consolidation of Financial Statements, Foreign Currency Translation, Segment Reporting and Disclosure, Corporate Social Responsibility Reporting |
| 4.3 | International Business Law | Core | 4 | International Contract Law, International Sale of Goods Act (CISG), Intellectual Property Rights, International Competition Law, International Commercial Arbitration, UNCITRAL Model Laws |
| 4.4 | Project Work | Project | 8 | Identification of Research Problem, Literature Review and Objectives, Methodology and Data Collection, Data Analysis and Interpretation, Findings, Conclusions, and Suggestions, Report Writing and Viva-Voce |
| 4.5 | Internship | Internship | 4 | Practical Application of Knowledge, Industry Exposure and Experience, Skill Development and Mentorship, Report Submission and Presentation |
