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MCOM in General at Greater Mawlai College
East Khasi Hills, Meghalaya
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About the Specialization
What is General at Greater Mawlai College East Khasi Hills?
This M.Com program at Greater Mawlai College focuses on advanced theoretical and practical knowledge in commerce, accounting, finance, and management. It aims to develop skilled professionals equipped to navigate India''''s dynamic business environment. The curriculum is designed to provide a comprehensive understanding of business operations and strategic decision-making, catering to the evolving demands of various industries within the Indian market.
Who Should Apply?
This program is ideal for Bachelor of Commerce (B.Com) or Business Administration (BBA) graduates seeking entry into advanced corporate roles, financial analysis, or academic pursuits. It also suits working professionals aiming to enhance their management and financial expertise for career advancement in Indian companies. Individuals transitioning into business consultancy or financial services will find the curriculum highly relevant.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as financial analysts, accountants, tax consultants, marketing managers, or human resource specialists. Entry-level salaries typically range from INR 3-5 LPA, with experienced professionals earning significantly more. The program fosters critical thinking and analytical skills, aligning with requirements for various professional certifications in accounting and finance.
Student Success Practices
Foundation Stage
Master Core Business Concepts- (Semester 1-2)
Focus intently on foundational subjects like Managerial Economics, Financial Accounting, and Business Statistics. Form study groups to discuss complex topics, utilize online tutorials from platforms like Coursera or NPTEL for deeper understanding, and practice problem-solving rigorously.
Tools & Resources
Peer study groups, NPTEL courses on accounting/finance, YouTube tutorials, Previous year question papers
Career Connection
Strong fundamentals are essential for cracking competitive exams, interviews for entry-level finance/accounting roles, and building a solid base for advanced studies.
Develop Analytical and Communication Skills- (Semester 1-2)
Actively participate in class discussions and presentations to hone communication skills. Undertake mini-projects involving data analysis using tools like Excel or basic statistical software to build analytical capabilities, preparing for report writing and data interpretation.
Tools & Resources
Microsoft Excel, Basic statistical software (e.g., R, Python with Pandas/Numpy - introductory level), Toastmasters-style college clubs, Presentation software
Career Connection
These skills are crucial for roles requiring market research, financial reporting, and effective client communication in any business sector.
Engage in Early Professional Networking- (Semester 1-2)
Attend college seminars, guest lectures by industry experts, and departmental events to begin building a professional network. Connect with alumni and senior students for mentorship and insights into career opportunities within Meghalaya and North East India.
Tools & Resources
LinkedIn, College alumni network platforms, Departmental event calendars
Career Connection
Early networking can open doors to internships, mentorship, and future job opportunities, especially in a regional context.
Intermediate Stage
Strategic Elective Selection & In-depth Learning- (Semester 3)
Carefully choose elective papers in Semester 3 that align with your career interests (e.g., specific taxation, advertising, or industrial relations). Go beyond classroom learning by researching current industry case studies related to your chosen electives.
Tools & Resources
Industry journals, Business magazines (e.g., Business India, Economic Times), Academic databases, Faculty consultation
Career Connection
Focused learning in electives provides specialized knowledge, making you a more attractive candidate for roles requiring specific expertise in areas like taxation or marketing.
Initiate Research for Dissertation/Project- (Semester 3)
Begin identifying potential topics and faculty mentors for your Semester 4 project/dissertation. Conduct preliminary literature reviews and define research questions, laying a strong foundation for a comprehensive final project.
Tools & Resources
University library resources, Google Scholar, Faculty research interests, Peer discussions
Career Connection
A well-executed project demonstrates research acumen and problem-solving skills, highly valued by employers for analytical and management roles.
Seek Mentorship and Industry Insights- (Semester 3)
Actively seek mentorship from professors, alumni, or professionals in your areas of interest. Attend industry webinars, workshops, or virtual conferences to gain practical insights into current business practices and challenges in India.
Tools & Resources
LinkedIn, Professional association websites (e.g., FICCI, CII), Online event platforms
Career Connection
Mentorship provides guidance, while industry insights help align your skills with market needs, leading to better career decisions and opportunities.
Advanced Stage
Complete High-Impact Project/Dissertation- (Semester 4)
Execute your Semester 4 project/dissertation with rigor, ensuring strong methodology, thorough analysis, and a well-structured report. Aim for a solution-oriented approach that showcases your problem-solving capabilities.
Tools & Resources
Statistical software (SPSS, R, Python), Advanced Excel, Academic writing guides, Faculty supervision
Career Connection
A compelling project can be a significant differentiator in interviews, showcasing your ability to conduct independent research and contribute to real-world business challenges.
Intensive Placement and Interview Preparation- (Semester 4)
Participate in mock interviews, group discussions, and resume-building workshops organized by the college. Practice aptitude tests and technical questions related to your M.Com curriculum and chosen career path.
Tools & Resources
College placement cell, Online preparation platforms (e.g., Glassdoor, InterviewBit), Business newspapers
Career Connection
Robust preparation is key to successfully navigating the competitive job market in India and securing roles in accounting, finance, marketing, or HR departments.
Build and Leverage Professional Network- (Semester 4)
Expand your professional network by connecting with placement coordinators, alumni in various companies, and potential employers. Attend recruitment drives and job fairs, leveraging these connections for career opportunities and industry insights.
Tools & Resources
LinkedIn, College alumni events, Career fairs, Professional networking events
Career Connection
A strong, actively engaged network can provide referrals, open doors to hidden job markets, and offer career support beyond graduation in the Indian corporate landscape.
Program Structure and Curriculum
Eligibility:
- A Bachelor Degree in Commerce (B.Com) or Bachelor of Business Administration (BBA) or BA with Economics/Mathematics/Statistics with a minimum of 45% marks in aggregate or equivalent grade (40% for SC/ST candidates) from a recognized University.
Duration: 4 semesters / 2 years
Credits: 58 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCO 101 | Managerial Economics | Core | 4 | Introduction to Managerial Economics, Demand Analysis and Forecasting, Production and Cost Analysis, Market Structures, Pricing Policies and Practices |
| MCO 102 | Business Environment | Core | 4 | Concept of Business Environment, Economic Environment, Political and Legal Environment, Socio-Cultural Environment, International Environment |
| MCO 103 | Advanced Business Statistics | Core | 4 | Probability and Probability Distributions, Sampling and Sampling Distributions, Hypothesis Testing, Correlation and Regression, Time Series and Index Numbers |
| MCO 104 | Organizational Behaviour | Core | 4 | Introduction to Organizational Behaviour, Individual Behaviour, Group Dynamics, Leadership and Power, Organizational Change and Development |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCO 201 | Corporate Financial Accounting | Core | 4 | Accounting Standards, Corporate Financial Reporting, Consolidation of Accounts, Valuation of Shares and Goodwill, Inflation Accounting |
| MCO 202 | Marketing Management | Core | 4 | Introduction to Marketing, Market Segmentation and Targeting, Product Decisions, Pricing Decisions, Promotion and Distribution Decisions |
| MCO 203 | Research Methodology | Core | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Design, Data Analysis and Report Writing |
| MCO 204 | Human Resource Management | Core | 4 | Introduction to HRM, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Appraisal and Compensation |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCO 301 | Financial Management | Core | 4 | Introduction to Financial Management, Capital Budgeting, Capital Structure, Working Capital Management, Dividend Policy |
| MCO 302 | Strategic Management | Core | 4 | Introduction to Strategic Management, Strategic Analysis, Strategy Formulation, Strategy Implementation, Strategic Control |
| MCO A 303 | Direct Tax | Elective | 4 | Basic Concepts of Income Tax, Residential Status, Heads of Income (Salaries, House Property, Business/Profession), Capital Gains, Income from Other Sources |
| MCO A 304 | Indirect Tax | Elective | 4 | Goods and Services Tax (GST) Act, Central GST Act, State GST Act, Integrated GST Act, Compensation Cess |
| MCO B 303 | Advertising and Sales Management | Elective | 4 | Introduction to Advertising, Advertising Media, Sales Promotion, Personal Selling, Sales Force Management |
| MCO B 304 | Consumer Behaviour | Elective | 4 | Introduction to Consumer Behaviour, Individual Determinants, Group Influences, Consumer Decision Process, Consumerism and Ethics |
| MCO C 303 | Industrial Relations & Labour Legislations | Elective | 4 | Introduction to Industrial Relations, Trade Unions, Collective Bargaining, Industrial Disputes, Labour Welfare and Social Security |
| MCO C 304 | Labour Welfare and Social Security | Elective | 4 | Concept of Labour Welfare, Theories of Welfare, Social Security in India, Employees'''' Provident Funds Act, Employees'''' State Insurance Act |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCO 401 | International Business | Core | 4 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market, International Financial Institutions, Globalisation and India |
| MCO A 402 | Financial Markets & Institutions | Elective | 4 | Indian Financial System, Money Market, Capital Market, Financial Services, Regulatory Framework |
| MCO A 403 | Investment Management | Elective | 4 | Investment Process, Risk and Return, Equity Analysis, Debt Securities, Portfolio Management |
| MCO B 402 | Retail Management | Elective | 4 | Introduction to Retailing, Retail Formats, Retail Location, Merchandise Management, Retail Promotion |
| MCO B 403 | Services Marketing | Elective | 4 | Introduction to Services Marketing, Nature of Services, Service Quality, Service Process, Service Environment |
| MCO C 402 | Organization Development & Change Management | Elective | 4 | Introduction to OD, OD Interventions, Change Management, Resistance to Change, OD in Indian Context |
| MCO C 403 | Compensation Management | Elective | 4 | Introduction to Compensation, Compensation Theories, Job Evaluation, Wage and Salary Administration, Incentives and Employee Benefits |
| MCO 403 | Project Work/Dissertation | Project | 6 | Research Topic Selection, Literature Review, Methodology, Data Analysis, Report Writing and Presentation |
