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MASTER-OF-COMMERCE in General at Govind Mohan National College
Ambala, Haryana
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About the Specialization
What is General at Govind Mohan National College Ambala?
This Master of Commerce program at Gandhi Memorial National College, Ambala focuses on advanced business, finance, and management principles. It equips students with theoretical knowledge and practical skills crucial for the dynamic Indian economic landscape, emphasizing analytical and decision-making capabilities. The program prepares graduates for diverse roles in commerce and industry across India.
Who Should Apply?
This program is ideal for commerce graduates seeking to deepen their understanding of business operations and financial markets. It attracts fresh graduates aiming for entry into corporate finance, marketing, or HR roles in India. Working professionals aspiring to enhance their managerial competencies and career progression in various Indian industries also find this program beneficial.
Why Choose This Course?
Graduates of this program can expect promising career paths in finance, banking, marketing, human resources, and entrepreneurship within India. Entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning significantly more. The program fosters leadership skills, strategic thinking, and prepares students for advanced roles in Indian companies.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations- (Semester 1-2)
Focus on thoroughly understanding core subjects like Managerial Economics, Statistical Analysis, and Financial Management. Utilize recommended textbooks, reference materials, and online tutorials to clarify concepts. Participate actively in classroom discussions and seek faculty mentorship.
Tools & Resources
Kurukshetra University recommended textbooks, NPTEL videos, SWAYAM courses for commerce, Class notes
Career Connection
A solid foundation is critical for clearing competitive exams (e.g., UGC NET, Bank PO) and excelling in corporate roles requiring strong analytical skills in India.
Develop Analytical and Quantitative Skills- (Semester 1-2)
Actively practice problem-solving in subjects like Statistical Analysis and Accounting. Join study groups to work on complex case studies and numerical problems. Leverage spreadsheet software (e.g., Microsoft Excel) for data analysis to enhance practical skills.
Tools & Resources
Microsoft Excel, R (for statistical basics), Previous year question papers, Online platforms like Coursera for basic data analysis
Career Connection
Essential for roles in financial analysis, market research, and management consulting, enhancing employability in data-driven Indian businesses.
Engage in Peer Learning and Academic Clubs- (Semester 1-2)
Form peer learning groups to discuss challenging topics and prepare for exams. Join the college''''s commerce or finance clubs (if available) to participate in debates, quizzes, and presentations, enhancing communication and teamwork skills.
Tools & Resources
College clubs and societies, Online collaborative tools like Google Docs, WhatsApp groups for academic discussion
Career Connection
Fosters soft skills, networking ability, and leadership potential, which are highly valued in corporate India for team-based projects and leadership roles.
Intermediate Stage
Pursue Specialised Knowledge through Electives- (Semester 3-4)
Strategically choose elective papers in areas like Finance, Marketing, or HR based on career aspirations. Deep dive into the chosen area, supplementing classroom learning with industry reports, journals, and online certifications to build expertise.
Tools & Resources
NPTEL advanced courses, Coursera/edX for specialized certifications (e.g., Financial Modeling, Digital Marketing), Industry publications like Economic Times
Career Connection
Builds expertise in a chosen domain, making candidates more attractive for specific roles in banking, investment, marketing management, or HR in Indian firms.
Engage in Research and Project Work- (Semester 3-4)
Actively participate in departmental research projects or undertake a self-initiated project related to your chosen specialization. Focus on applying theoretical knowledge to analyze real-world business problems and contribute original insights.
Tools & Resources
Academic databases, Research journals, Statistical software (SPSS, R, Python for basic analytics), Faculty guidance
Career Connection
Develops critical thinking, problem-solving, and research skills, highly valued for analytical roles, consultancy, and academic pursuits in India.
Build Professional Network and Industry Awareness- (Semester 3-4)
Attend college-organized guest lectures, industry seminars, and webinars featuring business leaders. Use platforms like LinkedIn to connect with alumni and professionals in your desired field. Understand current industry trends in India.
Tools & Resources
LinkedIn, Industry-specific forums, College alumni network events, Business news portals like Moneycontrol.com
Career Connection
Networking opens doors to internship and job opportunities, mentorship, and helps in understanding corporate culture and expectations in India.
Advanced Stage
Excel in Placement Preparation- (Semester 4 (Intensive during placement season))
Actively participate in placement training programs covering aptitude tests, group discussions, and personal interviews. Prepare a strong resume and cover letter tailored to specific job roles and companies hiring in India.
Tools & Resources
College placement cell resources, Online aptitude test platforms (e.g., IndiaBix), Mock interview sessions, Career counseling
Career Connection
Directly impacts success in securing desired job roles in top Indian companies and MNCs operating in India.
Pursue Relevant Certifications and Skills- (Semester 3-4)
Identify and acquire professional certifications that complement your M.Com degree and specialization, such as NCFM/NISM certifications for finance, digital marketing certifications, or data analytics tools, to boost your profile.
Tools & Resources
NISM certifications, Google Analytics certification, Advanced Excel courses, Tally ERP
Career Connection
Increases employability by demonstrating practical skills and commitment to a specific professional domain, particularly valuable for niche roles in India''''s competitive job market.
Develop Leadership and Managerial Competencies- (Semester 3-4)
Seek leadership roles in college events, student bodies, or team projects. Practice delegating tasks, motivating peers, and resolving conflicts. Understand ethical leadership principles relevant to the Indian corporate context for future roles.
Tools & Resources
Student organizations, Case study competitions, Leadership workshops
Career Connection
Prepares individuals for future managerial roles, showcasing initiative and the ability to lead, which is highly sought after by recruiters for management trainee positions.
Program Structure and Curriculum
Eligibility:
- Bachelor''''s Degree in Commerce/Business Administration/Arts with Maths/Economics/Statistics/Commerce (as per Kurukshetra University rules) with minimum 45% aggregate marks.
Duration: 2 years (4 semesters)
Credits: 80 (20 credits per semester) Credits
Assessment: Internal: 30% (for theory papers), External: 70% (for theory papers)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-101 | Indian Financial System | Core | 4 | Financial System Structure, Money Market, Capital Market, Financial Instruments, Financial Sector Reforms, SEBI and Regulations |
| MCOM-102 | Managerial Economics | Core | 4 | Demand Analysis, Production and Cost, Market Structures, Pricing Strategies, Profit Management, Macro-economic policies |
| MCOM-103 | Statistical Analysis for Business Decisions | Core | 4 | Probability Distributions, Sampling Techniques, Hypothesis Testing, Regression Analysis, Correlation, Time Series Analysis |
| MCOM-104 | Accounting for Managerial Decisions | Core | 4 | Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Budgetary Control, Standard Costing |
| MCOM-105 | Business Environment | Core | 4 | Economic Environment, Socio-Cultural Environment, Political and Legal Environment, Technological Environment, Global Environment, Business Ethics and CSR |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-201 | Corporate Financial Management | Core | 4 | Capital Budgeting, Cost of Capital, Working Capital Management, Dividend Policy, Capital Structure Theories, Sources of Finance |
| MCOM-202 | Marketing Management | Core | 4 | Marketing Environment, Consumer Behavior, Product Life Cycle, Pricing Decisions, Distribution Channels, Promotion Mix |
| MCOM-203 | Human Resource Management | Core | 4 | HR Planning, Recruitment and Selection, Training and Development, Performance Appraisal, Compensation Management, Industrial Relations |
| MCOM-204 | International Business | Core | 4 | International Trade Theories, Balance of Payments, Foreign Exchange Markets, WTO and Global Trade, International Financial Institutions, Global Marketing Strategies |
| MCOM-205 | Research Methodology | Core | 4 | Research Design, Data Collection Methods, Sampling Techniques, Data Analysis Tools, Report Writing, Ethical Issues in Research |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-301 | Corporate Tax Planning and Management | Compulsory Core | 4 | Income Tax Fundamentals, Corporate Tax Structure, Tax Planning Strategies, Assessment Procedures, Wealth Tax Provisions, GST Implications for Corporations |
| MCOM-302 | Operations Research | Elective (Group A Example) | 4 | Linear Programming, Transportation Problem, Assignment Problem, Network Analysis, Queuing Theory, Decision Theory |
| MCOM-303 | Accounting Theory and Human Resource Accounting | Elective (Group B Example) | 4 | Accounting Concepts and Principles, Measurement Issues in Accounting, Capital Maintenance, HRA Models and Valuation, Human Asset Reporting, Current Trends in HRA |
| MCOM-304 | Investment Management | Elective (Group C Example) | 4 | Investment Avenues, Risk and Return Analysis, Portfolio Theory, Equity Valuation, Bond Valuation, Mutual Funds and Derivatives |
| MCOM-305 | Financial Markets and Services | Elective (Group D Example) | 4 | Financial Intermediaries, Merchant Banking, Leasing and Hire Purchase, Factoring and Forfaiting, Venture Capital, Credit Rating Agencies |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-401 | Strategic Management | Compulsory Core | 4 | Strategic Planning Process, SWOT Analysis, Corporate Level Strategy, Business Level Strategy, Strategy Implementation, Strategic Control and Evaluation |
| MCOM-402 | International Financial Management | Elective (Group E Example) | 4 | Foreign Exchange Risk Management, International Parity Conditions, Multinational Capital Budgeting, International Working Capital Management, International Equity Markets, Global Financial Crises |
| MCOM-403 | Marketing Research | Elective (Group F Example) | 4 | Marketing Research Process, Data Collection Methods, Sampling in Marketing Research, Data Analysis and Interpretation, Research Report Writing, Ethical Issues in Marketing Research |
| MCOM-404 | Project Planning and Control | Elective (Group G Example) | 4 | Project Feasibility Analysis, Project Appraisal Techniques, Project Financing, Project Implementation, Project Monitoring and Evaluation, Risk Analysis in Projects |
| MCOM-405 | Entrepreneurship Development | Elective (Group H Example) | 4 | Entrepreneurial Process, Business Plan Development, Startup Funding Sources, Small Business Management, Innovation and Creativity, Government Policies for SMEs |
