.png&w=1920&q=75)
M-COM in General at Rayat Institute of Management
Shahid Bhagat Singh Nagar, Punjab
.png&w=1920&q=75)
About the Specialization
What is General at Rayat Institute of Management Shahid Bhagat Singh Nagar?
This Master of Commerce (M.Com) program at Rayat Institute of Management, affiliated with IKGPTU, focuses on imparting advanced knowledge in commerce, accounting, finance, and management. It aims to develop skilled professionals capable of navigating the complex Indian business landscape, equipping them with analytical abilities and strategic insights crucial for managerial roles. The program provides a comprehensive understanding of contemporary business practices and economic principles relevant to India.
Who Should Apply?
This program is ideal for commerce graduates (B.Com, BBA) seeking deeper academic and practical understanding of business functions. It caters to fresh graduates aspiring for entry-level managerial positions, finance, or accounting roles in Indian corporates. Working professionals looking to enhance their qualifications, upskill in advanced financial or management domains, or career changers aiming for roles in the dynamic commerce sector can also greatly benefit from this comprehensive curriculum.
Why Choose This Course?
Graduates can expect diverse career paths in India, including roles as financial analysts, accountants, tax consultants, marketing managers, and HR specialists. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience and specialization. The program aligns with professional certifications like CA, CS, and CMA, providing a strong foundation for advanced professional pursuits and leadership trajectories within Indian and multinational companies, fostering long-term career growth.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations- (Semester 1-2)
Focus rigorously on understanding core concepts in accounting, finance, economics, and management. Attend all lectures, participate in discussions, and clarify doubts immediately. Utilize library resources and online tutorials (e.g., Coursera, NPTEL for foundational business courses) to supplement classroom learning and strengthen theoretical understanding.
Tools & Resources
NPTEL, Coursera, Institute library, Faculty office hours, Peer study groups
Career Connection
A solid theoretical base is critical for cracking entry-level interviews and forms the bedrock for advanced topics and future career growth in any commerce domain.
Develop Analytical & Quantitative Skills- (Semester 1-2)
Pay close attention to subjects like Managerial Economics, Statistical Analysis, and Accounting for Managerial Decisions. Practice problem-solving regularly, engage in case studies, and use tools like Excel for data analysis. Join college clubs focused on finance or analytics to get hands-on experience and apply theoretical concepts.
Tools & Resources
Microsoft Excel, Statistical software (e.g., R, SPSS if introduced), Case study competitions, Quantitative aptitude books
Career Connection
These skills are highly valued in roles like financial analysis, market research, and data-driven decision-making across industries in India.
Initiate Professional Networking- (Semester 1-2)
Attend webinars, workshops, and guest lectures organized by the institute. Connect with faculty members, alumni, and industry professionals on platforms like LinkedIn. Participate in introductory industry interaction events to understand diverse career paths and build early contacts within the Indian business ecosystem.
Tools & Resources
LinkedIn, Institute alumni network, Career fair events, Industry association webinars
Career Connection
Early networking can open doors to internships, mentorship, and provide insights into industry expectations, aiding future job searches and career planning.
Intermediate Stage
Gain Practical Industry Exposure through Internships & Projects- (Semester 3-4)
Actively seek and complete at least one internship during the program''''s final year, preferably during the summer break. Focus on applying theoretical knowledge to real-world business problems. Engage deeply in the mandatory Project Work/Dissertation, choosing a topic relevant to your career aspirations and current industry trends.
Tools & Resources
Institute placement cell, Internship portals (e.g., Internshala, Naukri), Company websites, Research databases, Faculty mentors
Career Connection
Internships provide invaluable practical experience and networking opportunities, often leading to pre-placement offers. A strong dissertation showcases research and analytical capabilities to potential employers.
Strategic Elective Selection & Skill Specialization- (Semester 3-4)
Carefully choose elective subjects (e.g., Financial Derivatives, Investment Management, Digital Marketing, Strategic Management) that align with your desired career path. Deepen expertise in these areas through advanced readings, online courses, and practical projects. Pursue relevant certifications outside the curriculum if they complement your specialization.
Tools & Resources
NISM certifications (for finance), Google Digital Garage (for digital marketing), Industry-specific online courses (Coursera, Udemy), Professional body memberships
Career Connection
Specialization makes you a more targeted and attractive candidate for specific roles, enhancing your employability and potential salary within your chosen field in India.
Focus on Placement Preparation & Interview Skills- (Semester 3-4)
Actively engage with the institute''''s placement cell. Participate in mock interviews, group discussions, and aptitude test preparation workshops. Refine your resume and cover letter, highlighting relevant projects, internships, and specialized skills. Develop strong communication and presentation skills, crucial for final placements.
Tools & Resources
Institute placement cell, Online aptitude test platforms, Mock interview sessions, LinkedIn profile optimization, Public speaking clubs
Career Connection
Dedicated placement preparation maximizes your chances of securing a desirable job role upon graduation, kickstarting your professional career effectively in the Indian corporate sector.
Advanced Stage
Program Structure and Curriculum
Eligibility:
- B.Com / B.B.A. / B.A. (Economics) / B.Sc. (Economics) or any equivalent degree with at least 50% marks (45% for SC/ST category candidates).
Duration: 2 years (4 semesters)
Credits: 84 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-101 | Management Concepts & Organizational Behavior | Core | 4 | Management principles and functions, Organizational structure and design, Leadership theories and styles, Motivation and employee morale, Group dynamics and conflict management, Organizational culture and change |
| MCOM-103 | Managerial Economics | Core | 4 | Demand analysis and forecasting, Production and cost analysis, Market structures and pricing decisions, Profit management and break-even analysis, Capital budgeting and investment decisions, Macroeconomic environment for business |
| MCOM-105 | Accounting for Managerial Decisions | Core | 4 | Cost concepts and classifications, Marginal costing and decision making, Variance analysis for cost control, Budgetary control and performance evaluation, Standard costing techniques, Activity-based costing |
| MCOM-107 | Financial Management | Core | 4 | Financial markets and institutions, Working capital management, Capital budgeting decisions, Capital structure theories, Dividend policy decisions, Sources of long-term finance |
| MCOM-109 | Business Environment | Core | 4 | Economic environment and policies, Political and legal environment, Socio-cultural and technological environment, International business environment, Environmental scanning and analysis, SWOT analysis for business strategy |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-102 | Statistical Analysis for Business Decisions | Core | 4 | Probability theory and distributions, Sampling methods and distributions, Hypothesis testing techniques, Correlation and regression analysis, Time series analysis and forecasting, Index numbers and their applications |
| MCOM-104 | Corporate Legal Framework | Core | 4 | Company law and corporate governance, Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Consumer Protection Act, 2019, Intellectual Property Rights |
| MCOM-106 | Research Methodology in Commerce & Management | Core | 4 | Research design and types, Data collection methods and instruments, Sampling techniques and sample size, Measurement and scaling techniques, Data processing and analysis, Research report writing and presentation |
| MCOM-108 | Marketing Management | Core | 4 | Marketing concepts and philosophies, Marketing mix (4Ps), Consumer behavior and market segmentation, Product life cycle and new product development, Pricing strategies and decisions, Promotion and distribution strategies |
| MCOM-110 | Human Resource Management | Core | 4 | HR planning and job analysis, Recruitment and selection process, Training and development, Performance appraisal and management, Compensation and benefits administration, Employee relations and grievances |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-201 | Cost and Management Audit | Core | 4 | Fundamentals of cost audit, Legal provisions of cost audit, Management audit principles and scope, Operational audit and efficiency, Social and environmental audit, Internal control and management reporting |
| MCOM-203 | International Business & Finance | Core | 4 | Theories of international trade, Foreign exchange markets and operations, International financial institutions, Balance of payments, International capital budgeting, Global financial risks and management |
| MCOM-205 | Corporate Governance, Ethics & Social Responsibility | Core | 4 | Principles of corporate governance, Ethical dilemmas in business, Corporate social responsibility models, Stakeholder theory and management, Business ethics and decision making, Whistle-blowing and transparency |
| MCOM-207 | Financial Markets and Institutions | Elective (Group I) | 4 | Money market and capital market, Banking system and reforms, Non-banking financial companies, Insurance sector and regulations, Mutual funds and portfolio management, Regulatory bodies (SEBI, RBI, IRDA) |
| MCOM-209 | Financial Derivatives | Elective (Group I) | 4 | Introduction to derivatives (futures, forwards), Options: types, strategies, pricing, Swaps and their applications, Hedging strategies with derivatives, Risk management using derivatives, Regulatory framework for derivatives |
| MCOM-211 | Strategic Management | Elective (Group II) | 4 | Strategic management process, Environmental appraisal, Strategy formulation and choice, Strategy implementation, Strategic control and evaluation, Corporate level strategies |
| MCOM-213 | Corporate Restructuring and Business Valuation | Elective (Group II) | 4 | Mergers, acquisitions, and takeovers, Divestitures and spin-offs, Leveraged buyouts, Approaches to business valuation, Valuation of synergy and control, Regulatory framework for restructuring |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| MCOM-202 | Direct and Indirect Taxes | Core | 4 | Income Tax Act, 1961 (basic concepts), Heads of income and computations, Goods and Services Tax (GST) framework, Input tax credit and reverse charge mechanism, Customs Act and duties, Tax planning and administration |
| MCOM-204 | Entrepreneurship and Small Business Management | Core | 4 | Concept and importance of entrepreneurship, Business plan development, Sources of funding for startups, Marketing for small businesses, Challenges and opportunities for MSMEs, Government policies for entrepreneurship |
| MCOM-206 | Project Work/Dissertation & Viva-Voce | Project | 8 | Problem identification and literature review, Research design and methodology, Data collection and analysis, Interpretation of results and findings, Report writing and documentation, Presentation and viva-voce preparation |
| MCOM-208 | Investment Management | Elective (Group III) | 4 | Investment avenues and instruments, Risk and return analysis, Portfolio management theories, Security analysis (fundamental and technical), Behavioral finance concepts, Derivatives and alternative investments |
| MCOM-210 | Rural and Agricultural Marketing | Elective (Group III) | 4 | Characteristics of rural markets in India, Rural consumer behavior, Marketing of agricultural produce, Challenges in rural distribution, Rural product and pricing strategies, Microfinance and rural development |
| MCOM-212 | Services Marketing | Elective (Group IV) | 4 | Nature and characteristics of services, Service quality and customer satisfaction, Pricing and promotion of services, Physical evidence and process management, People element in service delivery, Customer relationship management in services |
| MCOM-214 | Digital Marketing | Elective (Group IV) | 4 | Introduction to digital marketing landscape, Search Engine Optimization (SEO), Search Engine Marketing (SEM) and PPC, Social media marketing strategies, Content marketing and email marketing, Web analytics and performance measurement |
