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MCOM in General at P.K. Roy Memorial College, Dhanbad
Dhanbad, Jharkhand
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About the Specialization
What is General at P.K. Roy Memorial College, Dhanbad Dhanbad?
This MCom program at Prasana Kumar Roy Memorial College, affiliated with BBMKU, focuses on providing a comprehensive understanding of advanced commerce principles and practices. It is designed to equip students with analytical and decision-making skills relevant to the evolving Indian business landscape, covering areas like finance, accounting, marketing, and human resources. The program aims to foster research capabilities and a strong ethical foundation.
Who Should Apply?
This program is ideal for BCom graduates seeking advanced knowledge in commerce and management, aiming for roles in corporate finance, taxation, or marketing. It also suits working professionals who wish to enhance their academic qualifications for career progression in Indian industries, and aspiring researchers or educators in the field of commerce. Specific prerequisite is a B.Com degree with stipulated minimum marks.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as financial analysts, corporate accountants, marketing managers, or human resource specialists. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. The degree prepares individuals for roles in various sectors, from banking to manufacturing, aligning with professional certifications like CA, CS, or CMA aspirations.
Student Success Practices
Foundation Stage
Master Core Commerce Fundamentals- (Semester 1-2)
Dedicate time to thoroughly understand foundational subjects like Managerial Economics, Accounting Theory, and Business Environment. Utilize textbooks, online tutorials, and peer study groups to solidify concepts, ensuring a strong base for advanced studies. This early mastery prevents future academic hurdles and builds confidence.
Tools & Resources
NPTEL courses for Commerce subjects, IGNOU study materials, Peer study groups, College library resources
Career Connection
A strong foundation is crucial for excelling in competitive exams like NET/JRF, banking PO, or initial rounds of corporate placements, demonstrating comprehensive subject knowledge.
Develop Essential Research Skills- (Semester 1-2)
Engage actively with the ''''Business Research Methods'''' course. Practice data collection, analysis, and report writing using basic tools. Participate in departmental mini-projects to gain practical experience. This skill is vital for both academic pursuits and corporate decision-making, setting you apart early on.
Tools & Resources
Microsoft Excel for data analysis, Google Scholar for literature review, Basic survey tools like Google Forms
Career Connection
Proficiency in research methods enhances problem-solving abilities, which are highly valued in consulting, market research, and strategic roles, leading to better internship and job opportunities.
Enhance Communication and Presentation Abilities- (Semester 1-2)
Participate in classroom discussions, seminars, and presentations regularly. Seek feedback to refine public speaking and articulation. Join college clubs focused on debating or public speaking to build confidence. Effective communication is a universal skill critical for any professional role.
Tools & Resources
Toastmasters International (if local chapter available), YouTube channels for public speaking tips, College debate/presentation clubs
Career Connection
Strong communication skills are key for interviews, client interactions, and leadership roles, significantly boosting your chances in placement drives and future promotions in Indian companies.
Intermediate Stage
Specialize through Electives and Practical Application- (Semester 3-4)
Carefully choose Discipline Specific Electives based on career interests (e.g., Accounting & Finance, Marketing). Simultaneously, apply theoretical knowledge through case studies and practical exercises. For instance, utilize accounting software learned in ''''Computer Applications in Business'''' for practical scenarios.
Tools & Resources
Tally ERP 9/Prime for accounting practice, Financial news websites (Economic Times, Livemint), Industry-specific case studies
Career Connection
Specialized knowledge makes you a more targeted candidate for specific roles in finance, accounting, or marketing, increasing your employability and potential salary in focused Indian industries.
Seek Industry Exposure and Networking- (Semester 3-4)
Actively pursue internships, even short-term ones, during semester breaks. Attend industry webinars, workshops, and guest lectures organized by the college or local business chambers. Network with professionals and alumni to understand industry trends and explore opportunities.
Tools & Resources
LinkedIn for professional networking, Internshala for internship search, College career cell events
Career Connection
Internships provide invaluable practical experience, often leading to pre-placement offers. Networking opens doors to hidden job markets and mentorship, vital for career growth in India''''s competitive landscape.
Develop Analytical and Problem-Solving Aptitude- (Semester 3-4)
Focus on the ''''Statistical Analysis for Business Decisions'''' course, mastering data interpretation and hypothesis testing. Participate in business quizzes, case competitions, or data analysis challenges. Regularly read business journals to understand real-world problems and their solutions.
Tools & Resources
SPSS/R for statistical analysis (basic level), Business Standard/Financial Express for industry news, Online aptitude test platforms
Career Connection
Analytical skills are critical for roles in finance, market research, and business intelligence, making you highly desirable for companies seeking data-driven decision-makers.
Advanced Stage
Undertake a Comprehensive Dissertation/Project- (Semester 4)
Engage deeply with the ''''Dissertation/Project work'''' in Semester 4. Choose a relevant and impactful topic, conduct rigorous research, analyze findings, and present them professionally. This project serves as a portfolio piece, showcasing your expertise and research capabilities.
Tools & Resources
Research methodologies textbooks, Statistical software (if applicable), Academic writing guides
Career Connection
A well-executed dissertation can demonstrate your ability to conduct independent research and solve complex business problems, highly valued in corporate roles, research positions, and for higher studies.
Intensive Placement and Career Preparation- (Semester 4)
Begin placement preparation early by attending mock interviews, group discussions, and aptitude test practice sessions. Tailor your resume and cover letter to specific job descriptions. Focus on improving soft skills like negotiation and teamwork, which are crucial for success in Indian workplaces.
Tools & Resources
Placement training programs (college or external), Online aptitude test platforms, Mock interview sessions with faculty/alumni
Career Connection
Dedicated preparation directly translates into better performance in placement drives, leading to securing desirable jobs with competitive salaries in leading Indian companies.
Cultivate Entrepreneurial Thinking and Leadership- (Semester 4)
Leverage the ''''Entrepreneurship Development'''' course to explore innovative business ideas. Participate in entrepreneurial workshops or startup pitch competitions. Develop leadership skills by taking initiatives in college events or leading project teams. This fosters a proactive and innovative mindset.
Tools & Resources
Startup India resources, Local incubation centers/mentorship programs, College leadership programs
Career Connection
Entrepreneurial skills prepare you not only for starting your own venture but also for leadership roles within established organizations, where innovation and strategic thinking are highly sought after by Indian corporates.
Program Structure and Curriculum
Eligibility:
- B.Com. (Hons.) / B.Com. General with a minimum of 45% marks in aggregate (40% for SC/ST candidates) as per Binod Bihari Mahto Koylanchal University norms.
Duration: 4 semesters / 2 years
Credits: 84 Credits
Assessment: Internal: 30% (for theory papers), 30% (for practical papers), External: 70% (for theory papers), 70% (for practical papers)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-C-101 | Managerial Economics | Core | 4 | Introduction to Managerial Economics, Demand Analysis, Production and Cost Analysis, Pricing Policies and Practices, Macro-Economic Environment |
| MCOM-C-102 | Accounting Theory and Practice | Core | 4 | Nature and Scope of Accounting, Accounting Standards, Depreciation Accounting, Valuation of Assets and Liabilities, Human Resource Accounting |
| MCOM-C-103 | Business Environment | Core | 4 | Introduction to Business Environment, Economic Environment, Political and Legal Environment, Socio-Cultural and Technological Environment, International Environment |
| MCOM-C-104 | Business Research Methods | Core | 4 | Introduction to Research, Research Design, Data Collection, Sampling, Data Analysis and Report Writing |
| AECC-1 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Multidisciplinary Nature of Environmental Studies, Natural Resources, Ecosystems, Biodiversity, Environmental Pollution |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-C-201 | Organizational Behavior | Core | 4 | Introduction to Organizational Behavior, Perception and Learning, Motivation, Group Dynamics and Team Building, Leadership |
| MCOM-C-202 | Corporate Financial Accounting | Core | 4 | Share Capital and Debentures, Company Final Accounts, Amalgamation, Absorption and Reconstruction, Holding Company Accounts, Liquidation of Companies |
| MCOM-C-203 | Marketing Management | Core | 4 | Introduction to Marketing, Product Decisions, Pricing Decisions, Promotion Decisions, Distribution Decisions |
| MCOM-C-204 | Human Resource Management | Core | 4 | Introduction to Human Resource Management, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Appraisal |
| AECC-2 | Indian Constitution | Ability Enhancement Compulsory Course | 2 | Making of the Indian Constitution, Fundamental Rights and Duties, Directive Principles of State Policy, Union and State Governments, Constitutional Amendments |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-C-301 | Statistical Analysis for Business Decisions | Core | 4 | Probability and Probability Distributions, Sampling and Sampling Distributions, Hypothesis Testing, Correlation and Regression, Time Series Analysis |
| MCOM-C-302 | Strategic Management | Core | 4 | Introduction to Strategic Management, Environmental Analysis, Strategic Formulation, Strategic Implementation, Strategic Control |
| MCOM-DSE-A301 | Advanced Cost Accounting | Discipline Specific Elective (Group A: Accounting & Finance) | 4 | Costing Methods, Budgetary Control, Standard Costing, Marginal Costing, Cost Audit |
| MCOM-DSE-A302 | Management Control System | Discipline Specific Elective (Group A: Accounting & Finance) | 4 | Introduction to Management Control System, Responsibility Accounting, Transfer Pricing, Performance Measurement, Strategic Control |
| SEC-1 | Computer Applications in Business | Skill Enhancement Course | 2 | MS Office Applications (Word, Excel, PowerPoint), Data Entry and Processing, Internet and E-commerce Fundamentals, Accounting Software (Tally), Database Management System Concepts |
| P-305 | Research Project / Comprehensive Viva Voce | Project | 4 | Project Formulation, Data Collection Techniques, Analysis and Interpretation, Report Writing, Project Presentation and Viva |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-C-401 | Financial Management | Core | 4 | Introduction to Financial Management, Capital Budgeting, Capital Structure, Working Capital Management, Dividend Policy |
| MCOM-C-402 | International Business | Core | 4 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market, Global Business Environment, International Financial Institutions |
| MCOM-DSE-A403 | Direct Tax and GST | Discipline Specific Elective (Group A: Accounting & Finance) | 4 | Income Tax Fundamentals, Heads of Income, Deductions and Rebates, GST Law and Concepts, Input Tax Credit Mechanism |
| MCOM-DSE-A404 | Financial Markets and Institutions | Discipline Specific Elective (Group A: Accounting & Finance) | 4 | Indian Financial System Overview, Money Market, Capital Market, Financial Instruments, Financial Services |
| SEC-2 | Entrepreneurship Development | Skill Enhancement Course | 2 | Entrepreneurial Qualities and Motivation, Business Idea Generation, Business Plan Formulation, Sources of Finance for Startups, Small Business Management |
| D-406 | Dissertation/Project work + Viva-Voce | Dissertation | 8 | Advanced Research Methodology, Literature Review and Problem Identification, Data Analysis using Statistical Software, Thesis Writing and Documentation, Oral Presentation and Defense |
