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BCOM in Economics at N.V. Society's N.V. Arts, Sri Kanhayalal Malu Science and Dr. Pandurangarao Patki College of Commerce
Kalaburagi, Karnataka
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About the Specialization
What is Economics at N.V. Society's N.V. Arts, Sri Kanhayalal Malu Science and Dr. Pandurangarao Patki College of Commerce Kalaburagi?
This Economics specialization program at N.V. Arts, Sri Kanhayalal Malu Science and Dr. Pandurangrao Patki College of Commerce focuses on a deep understanding of economic theories, policies, and their application to real-world scenarios in India. It delves into micro and macroeconomics, public finance, and international trade, preparing students for analytical roles in a rapidly evolving Indian economy.
Who Should Apply?
This program is ideal for fresh graduates aspiring to careers in economic analysis, market research, and policy formulation. It also suits individuals keen on understanding India''''s economic landscape and contributing to its development. Students with a strong aptitude for analytical thinking and problem-solving, particularly those from a Commerce or Science background, will thrive in this specialization.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as economists, financial analysts, policy advisors, and researchers. Entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning significantly more. The program fosters critical thinking and data analysis skills, crucial for growth trajectories in Indian banks, consulting firms, and government agencies.
Student Success Practices
Foundation Stage
Master Economic Fundamentals- (Semester 1-2)
Thoroughly grasp microeconomics and macroeconomics concepts from semesters 1 and 2. Utilize online platforms like NPTEL and Khan Academy for supplementary learning. Form study groups to discuss complex theories and solve practical problems, ensuring a strong base for advanced subjects.
Tools & Resources
NPTEL courses on Economics, Khan Academy, Study groups, NCERT Economics textbooks
Career Connection
A strong foundation in economic principles is crucial for any analytical role, forming the bedrock for understanding market dynamics and policy impacts, highly valued in entry-level analyst positions.
Develop Data Interpretation Skills- (Semester 1-2)
Focus on interpreting economic data, charts, and reports in subjects like Business Economics and Statistics. Practice using tools like Microsoft Excel for basic data analysis. Regularly read economic newspapers like The Economic Times or Business Standard to connect theory with current events.
Tools & Resources
Microsoft Excel, The Economic Times, Business Standard, RBI Bulletin
Career Connection
Proficiency in data interpretation is vital for roles in market research, financial analysis, and policy analysis, enabling informed decision-making and strong performance in internships.
Engage in Academic Debates & Discussions- (Semester 1-2)
Actively participate in classroom discussions and college debates on economic issues. This enhances critical thinking, articulation, and the ability to view problems from multiple perspectives, essential for future professional interactions. Join college clubs focused on current affairs or economics.
Tools & Resources
Debate clubs, College economic forums, Current affairs magazines
Career Connection
Strong communication and critical thinking skills developed through debates are highly sought after in consulting, policy advisory, and journalism, making you a more impactful professional.
Intermediate Stage
Undertake Practical Economic Projects- (Semester 3-5)
Apply theoretical knowledge from Micro/Macro Economics, Indian Economy, and Public Economics to small-scale research projects. Analyze real-world economic scenarios using publicly available data from sources like the NSSO or CSO. Present findings to peers or faculty.
Tools & Resources
NSSO, CSO, World Bank data portals, Statistical software (e.g., R, Python basics)
Career Connection
Practical project experience demonstrates analytical capability and problem-solving skills, significantly boosting internship and job prospects in research and analytical roles.
Pursue Industry-Relevant Certifications- (Semester 3-5)
Consider certifications in areas like financial modeling, data analytics for economics (e.g., using Python/R), or market research. Platforms like Coursera, edX, or NCFM offer relevant courses that add specialized skills beyond the curriculum, improving employability.
Tools & Resources
Coursera, edX, NISM certifications, Online data analytics courses
Career Connection
Specialized certifications make you stand out to recruiters in Indian financial institutions and consulting firms, directly aligning with industry skill demands for roles like business analyst or equity researcher.
Network and Seek Mentorship- (Semester 3-5)
Attend economics seminars, webinars, and workshops organized by the college or industry associations. Connect with alumni and industry professionals on LinkedIn. Seek mentorship to gain insights into career paths, industry trends, and valuable advice for navigating the job market.
Tools & Resources
LinkedIn, Industry conferences, Alumni network events
Career Connection
Networking opens doors to internships, informational interviews, and job opportunities, while mentorship provides guidance to accelerate your career growth in the competitive Indian job market.
Advanced Stage
Intensive Placement Preparation- (Semester 6)
Begin rigorous preparation for campus placements or competitive exams (e.g., UPSC, RBI Grade B) in the final year. Focus on quantitative aptitude, logical reasoning, and verbal ability. Practice mock interviews and group discussions tailored to finance and economics roles.
Tools & Resources
Online aptitude test platforms, Mock interview services, Current affairs periodicals
Career Connection
Dedicated preparation is key to securing coveted positions in Indian banking, civil services, or corporate sectors, ensuring you are placement-ready and competitive.
Specialized Research and Dissertation- (Semester 6)
Undertake a major project or dissertation in a specific area of economics (e.g., Development Economics, Financial Economics) under faculty guidance. This showcases in-depth knowledge and research capabilities, critical for higher studies or specialized roles.
Tools & Resources
Research databases (JSTOR, EBSCO), Statistical software (Stata, SPSS), Academic journals
Career Connection
A well-executed research project enhances your profile for postgraduate studies and specialized research roles, demonstrating advanced analytical and problem-solving abilities.
Build a Professional Portfolio- (Semester 6)
Compile all relevant academic projects, certifications, internship experiences, and research papers into a digital portfolio. Showcase your skills in data analysis, economic modeling, and report writing. This portfolio serves as a powerful tool during job applications.
Tools & Resources
LinkedIn profile, Personal website/blog, GitHub (for code-based projects)
Career Connection
A comprehensive professional portfolio effectively highlights your capabilities to potential employers, making you a more attractive candidate for analyst, consultant, or research roles in India.
Program Structure and Curriculum
Eligibility:
- Pass in 10+2/PUC examination from a recognized board, as per Gulbarga University norms.
Duration: 3 years / 6 semesters
Credits: 120 credits Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM 1.1 DSC | Financial Accounting - I | Core | 4 | Introduction to Accounting, Conceptual Framework and Accounting Principles, Journal, Ledger, and Trial Balance, Final Accounts of Sole Proprietorship, Consignment Accounts, Joint Venture Accounts |
| BCOM 1.2 DSC | Principles of Management | Core | 4 | Introduction to Management, Planning, Organizing, Staffing and Directing, Controlling, Recent Trends in Management |
| BCOM 1.3 MIL | Modern Indian Language (MIL) | Ability Enhancement Compulsory Course | 3 | Language Fundamentals, Grammar and Syntax, Reading Comprehension, Writing Skills, Cultural Context |
| BCOM 1.4 AECC | Financial English - I | Ability Enhancement Compulsory Course | 3 | Introduction to Financial English, Business Correspondence, Reporting and Presentation, Reading Financial Documents, Vocabulary Building |
| BCOM 1.5 AECC | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Ecosystems and Biodiversity, Natural Resources, Environmental Pollution, Social Issues and the Environment, Environmental Protection Acts |
| BCOM 1.6 SEC | Digital Fluency | Skill Enhancement Course | 2 | Introduction to Digital Technology, Internet and Web Browsers, Office Productivity Tools, Cyber Security Basics, Digital Citizenship |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM 2.1 DSC | Financial Accounting - II | Core | 4 | Partnership Accounts, Admission of a Partner, Retirement and Death of a Partner, Dissolution of Partnership Firm, Insurance Claims |
| BCOM 2.2 DSC | Business Economics | Core | 4 | Introduction to Business Economics, Demand and Supply Analysis, Production and Cost Analysis, Market Structures, Pricing Policies and Practices, Business Cycles |
| BCOM 2.3 MIL | Modern Indian Language (MIL) | Ability Enhancement Compulsory Course | 3 | Advanced Language Structures, Literary Appreciation, Effective Communication, Translation Practice, Cultural Nuances |
| BCOM 2.4 AECC | Financial English - II | Ability Enhancement Compulsory Course | 3 | Advanced Business Communication, Presentation Skills, Report Writing, Negotiation Skills, Interview Techniques |
| BCOM 2.5 AECC | Indian Constitution | Ability Enhancement Compulsory Course | 2 | Framing of Indian Constitution, Fundamental Rights and Duties, Directive Principles, Union and State Government, Constitutional Amendments |
| BCOM 2.6 SEC | Innovation & Entrepreneurship | Skill Enhancement Course | 2 | Concept of Innovation and Entrepreneurship, Startup Ecosystem, Business Idea Generation, Business Plan Development, Funding for Startups |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM 3.1 DSC | Corporate Accounting | Core | 4 | Shares and Debentures, Underwriting of Shares, Redemption of Preference Shares, Redemption of Debentures, Final Accounts of Companies |
| BCOM 3.2 DSC | Business Statistics | Core | 4 | Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers |
| BCOM 3.3 SEC | Professional Communication | Skill Enhancement Course | 2 | Principles of Effective Communication, Verbal and Non-verbal Communication, Business Letters and Emails, Meetings and Interviews, Presentations |
| BCOM 3.4 OEC | Open Elective (e.g., General Psychology) | Open Elective Course | 3 | Introduction to Psychology, Motivation and Emotion, Learning and Memory, Personality Development, Social Psychology |
| BCOM 3.5 DSC (Major - Economics) | Micro Economics | Discipline Specific Core (Major) | 4 | Consumer Behavior, Production Analysis and Costs, Market Structures, Factor Pricing, Welfare Economics, Risk and Uncertainty |
| BCOM 3.6 DSC (Major - Economics) | Macro Economics | Discipline Specific Core (Major) | 4 | National Income Accounting, Theories of Employment and Income, Money and Banking, Inflation and Deflation, Fiscal and Monetary Policies, Economic Growth |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM 4.1 DSC | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Cost Concepts and Classification, Material Costing, Labour Costing, Overheads, Job and Batch Costing |
| BCOM 4.2 DSC | Income Tax - I | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession |
| BCOM 4.3 SEC | Artificial Intelligence | Skill Enhancement Course | 2 | Introduction to AI, Machine Learning Basics, Natural Language Processing, AI in Business Applications, Ethical AI Considerations |
| BCOM 4.4 OEC | Open Elective (e.g., Retail Management) | Open Elective Course | 3 | Introduction to Retail, Retail Formats, Retail Marketing, Supply Chain in Retail, Store Operations |
| BCOM 4.5 DSC (Major - Economics) | Indian Economy | Discipline Specific Core (Major) | 4 | Features of Indian Economy, Agriculture Sector, Industrial Sector, Service Sector, Economic Reforms in India, Human Development in India |
| BCOM 4.6 DSC (Major - Economics) | Public Economics | Discipline Specific Core (Major) | 4 | Role of Government in Economy, Public Goods and Externalities, Public Revenue and Taxation, Public Expenditure, Public Debt and Fiscal Policy, Budgetary Policy |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM 5.1 DSC | Advanced Financial Management | Core | 4 | Introduction to Financial Management, Working Capital Management, Capital Budgeting Decisions, Cost of Capital, Capital Structure Theories, Dividend Policy |
| BCOM 5.2 DSC | Income Tax - II | Core | 4 | Income from Capital Gains, Income from Other Sources, Clubbing of Income, Set-off and Carry Forward of Losses, Deductions from Gross Total Income, Assessment of Individuals |
| BCOM 5.3 VEC | Values & Ethics | Value Education Course | 2 | Introduction to Ethics, Moral Philosophy, Professional Ethics, Environmental Ethics, Indian Values, Corporate Social Responsibility |
| BCOM 5.4 DSC (Major - Economics) | International Economics | Discipline Specific Core (Major) | 4 | Theories of International Trade, Terms of Trade, Balance of Payments, Foreign Exchange Market, Trade Policy Instruments, WTO and India |
| BCOM 5.5 DSE A (Economics) | Econometrics | Discipline Specific Elective (Economics) | 4 | Nature and Scope of Econometrics, Simple Linear Regression Model, Multiple Regression Analysis, Problems in Regression Analysis, Forecasting in Econometrics, Time Series Analysis |
| BCOM 5.6 DSE B (Economics) | Mathematical Economics | Discipline Specific Elective (Economics) | 4 | Mathematical Tools in Economics, Consumer Theory, Production Theory, Market Equilibrium, Optimization Techniques, Game Theory |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM 6.1 DSC | Auditing and Governance | Core | 4 | Introduction to Auditing, Types of Audit, Audit Planning and Procedures, Internal Control, Audit Report, Corporate Governance |
| BCOM 6.2 DSC | Goods and Services Tax (GST) | Core | 4 | Introduction to GST, Levy and Collection of GST, Time and Value of Supply, Input Tax Credit, Registration and Returns, Integrated GST (IGST) |
| BCOM 6.3 VEC | Indian Culture & Constitution | Value Education Course | 2 | Diversity of Indian Culture, Art and Architecture, Indian Philosophy and Religions, Constitutional Values, Rights and Duties of Citizens, Indian Heritage |
| BCOM 6.4 DSC (Major - Economics) | Development Economics | Discipline Specific Core (Major) | 4 | Concepts of Economic Development, Theories of Growth and Development, Poverty, Inequality, and Unemployment, Human Capital and Sustainable Development, Role of State in Development, India''''s Development Experience |
| BCOM 6.5 DSE A (Economics) | Environmental Economics | Discipline Specific Elective (Economics) | 4 | Environment and Economy Interface, Environmental Problems, Valuation of Environmental Goods, Environmental Policies, Climate Change Economics, Sustainable Development Goals, Green Accounting |
| BCOM 6.6 DSE B (Economics) | Financial Economics | Discipline Specific Elective (Economics) | 4 | Financial Markets and Institutions, Risk and Return, Portfolio Theory, Capital Asset Pricing Model (CAPM), Derivatives Markets, Efficient Market Hypothesis |
| BCOM 6.7 Project | Major Project | Project | 4 | Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Problem Identification, Literature Review |
