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M-COM in International Business at St. Joseph's Commerce College
Dharwad, Karnataka
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About the Specialization
What is International Business at St. Joseph's Commerce College Dharwad?
This International Business specialization within the M.Com program at St. Joseph''''s Commerce College, Dharwad, focuses on global trade, finance, and operations. It equips students with the knowledge to navigate complex international markets, crucial for India''''s growing participation in the global economy. The program emphasizes the practical aspects of cross-border commerce and its strategic implications, preparing future business leaders.
Who Should Apply?
This program is ideal for commerce graduates aspiring to build careers in multinational corporations, export-import firms, or international financial institutions. It also suits working professionals seeking to enhance their understanding of global business dynamics and advance into leadership roles in international trade and finance sectors within the Indian context, leveraging prior academic foundations.
Why Choose This Course?
Graduates of this program can expect to secure roles as international trade analysts, export-import managers, international finance executives, or global marketing specialists in India. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. The specialization also prepares students for further academic pursuits in international economics or trade policy, contributing to India''''s global outreach.
Student Success Practices
Foundation Stage
Strengthen Core Commerce Concepts- (Semester 1-2)
Dedicate time in the first year to build a strong foundation in Advanced Financial Accounting, Managerial Economics, and Quantitative Techniques. Utilize textbooks, online tutorials, and peer study groups to grasp complex theories, as these form the bedrock for advanced international business subjects.
Tools & Resources
Textbooks, NPTEL videos, Khan Academy, Peer study groups
Career Connection
A solid conceptual understanding ensures readiness for advanced finance and trade topics, which are critical for international business roles and competitive exams.
Develop Research and Analytical Skills Early- (Semester 1-2)
Engage actively with the Research Methodology course. Practice data collection, basic statistical analysis using tools like Excel, and structured report writing. Seek opportunities to assist faculty with minor research projects to gain practical exposure to academic inquiry.
Tools & Resources
Microsoft Excel, Google Scholar, Karnatak University Library resources, SPSS (optional basics)
Career Connection
Strong research and analytical skills are highly valued in roles like market research, business analysis, and strategic planning within international firms.
Participate in Business Quizzes and Debates- (Semester 1-2)
Actively participate in college-level business quizzes, debates, and presentations focused on current affairs, economic policies, and global business news. This enhances general awareness, quick thinking, and communication skills essential for business professionals.
Tools & Resources
Business newspapers (Economic Times, Business Standard), current affairs magazines, college debate clubs
Career Connection
Improves communication, critical thinking, and industry knowledge, making you a more confident and articulate candidate during interviews for international roles.
Intermediate Stage
Deep Dive into International Business Electives- (Semester 3)
Focus intensely on International Business Environment and Foreign Trade Policy & Procedures. Supplement classroom learning with real-world case studies of Indian companies operating globally. Attend webinars and workshops on EXIM policies and trade agreements.
Tools & Resources
Ministry of Commerce & Industry website, DGFT portal, EXIM India events, industry journals
Career Connection
This direct engagement with specialization topics builds expertise, making you a strong candidate for roles in export-import operations, international logistics, and trade finance.
Network with Industry Professionals and Alumni- (Semester 3-4)
Actively seek networking opportunities by attending industry events, guest lectures, and connecting with alumni working in international trade and finance. Leverage LinkedIn to build professional connections and learn about career paths and industry trends.
Tools & Resources
LinkedIn, college alumni network, industry conferences (online/offline)
Career Connection
Networking can open doors to internships, mentorship, and job opportunities, providing valuable insights into the international business landscape in India.
Undertake an International Business Mini-Project- (Semester 3)
Proactively choose a mini-project or term paper on a specific aspect of international business, such as analyzing India''''s trade relations with a particular country or the impact of a recent trade policy. This hands-on application solidifies theoretical knowledge.
Tools & Resources
Government trade statistics, business news archives, academic databases
Career Connection
Demonstrates initiative and practical application of knowledge, strengthening your profile for project-based roles and showcasing your specialization interest.
Advanced Stage
Excel in International Finance and Documentation- (Semester 4)
Master International Financial Management and Export-Import Finance & Documentation. Practice problem-solving related to foreign exchange, hedging, and trade finance instruments. Understand the intricacies of Letters of Credit and various payment terms.
Tools & Resources
Financial Times, Bloomberg (limited access), EXIM Bank reports, RBI guidelines
Career Connection
Essential for roles in treasury, international banking, forex desks, and finance departments of export-import firms, ensuring you can manage global financial flows.
Undertake a Comprehensive Project/Dissertation- (Semester 4)
Choose a relevant and impactful topic for your final project work, preferably in collaboration with an industry partner if possible. Focus on a practical problem within international business, conduct thorough research, and present actionable solutions. This is your capstone experience.
Tools & Resources
Academic journals, industry reports, company annual reports, primary data collection
Career Connection
A well-executed project is a powerful resume builder, showcasing your ability to apply knowledge to real-world challenges, leading to better placement opportunities.
Prepare for Placements and Certifications- (Semester 4)
Actively prepare for campus placements, focusing on companies in international trade, logistics, and finance. Work on soft skills, group discussion techniques, and interview preparation. Consider pursuing relevant certifications like NCFM (forex module) or import-export management courses to boost employability.
Tools & Resources
Placement cell resources, mock interviews, online certification platforms, NCFM modules
Career Connection
Directly impacts securing desired job roles. Certifications demonstrate specialized skills and commitment, making you a preferred candidate for companies seeking international business professionals.
Program Structure and Curriculum
Eligibility:
- B.Com/BBM/BBA degree from a recognized university with minimum marks as per Karnatak University Dharwad regulations.
Duration: 4 semesters / 2 years
Credits: 64 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C 1.1 | Advanced Financial Accounting | Core | 4 | Amalgamation and Reconstruction, Consolidation of Accounts, Accounting Standards (Ind AS), Inflation Accounting, Human Resource Accounting |
| C 1.2 | Quantitative Techniques for Business Decisions | Core | 4 | Probability and Probability Distributions, Sampling and Estimation, Hypothesis Testing, Correlation and Regression Analysis, Time Series Analysis |
| C 1.3 | Managerial Economics | Core | 4 | Demand Analysis and Forecasting, Production and Cost Analysis, Market Structures and Pricing Decisions, Profit Management, Capital Budgeting under Uncertainty |
| C 1.4 | Organisational Behaviour & Human Resource Management | Core | 4 | Foundations of Organisational Behaviour, Personality and Perception, Motivation and Leadership, Group Dynamics and Team Building, Human Resource Planning and Talent Acquisition |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C 2.1 | Corporate Financial Management | Core | 4 | Capital Budgeting Decisions, Capital Structure Theories, Working Capital Management, Dividend Policy Decisions, Mergers, Acquisitions and Restructuring |
| C 2.2 | Marketing Management | Core | 4 | Marketing Environment and Research, Product and Brand Management, Pricing Strategies, Promotion and Advertising, Distribution Channels and Supply Chain |
| C 2.3 | Research Methodology | Core | 4 | Foundations of Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation |
| C 2.4 | Business Environment | Core | 4 | Economic Environment, Political and Legal Environment, Socio-Cultural Environment, Technological Environment, Global Environment and Liberalization |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C 3.1 | Income Tax & Planning | Core | 4 | Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession, Capital Gains and Other Sources |
| C 3.2 | Cost and Management Accounting | Core | 4 | Costing Methods, Budgetary Control, Standard Costing and Variance Analysis, Marginal Costing and Break-Even Analysis, Decision Making Techniques |
| C 3.3 | Operations Research | Core | 4 | Linear Programming, Transportation and Assignment Problems, Queuing Theory, Game Theory, Network Analysis (PERT/CPM) |
| E 3.1 | International Business Environment | Elective (International Business) | 4 | Globalization and International Trade, Theories of International Trade, Balance of Payments, International Economic Institutions (WTO, IMF, World Bank), Regional Economic Groupings, Cultural and Political Environment of IB |
| E 3.2 | Foreign Trade Policy & Procedures | Elective (International Business) | 4 | India''''s Foreign Trade Policy, Export Promotion Schemes, Import Procedures and Documentation, Customs Clearance and Tariffs, Role of EXIM Bank and ECGC, International Logistics and Shipping |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C 4.1 | Strategic Management | Core | 4 | Concepts of Strategic Management, Strategic Analysis (SWOT, PESTEL), Strategy Formulation (Corporate, Business, Functional), Strategy Implementation, Strategic Evaluation and Control |
| C 4.2 | Entrepreneurial Development | Core | 4 | Concept of Entrepreneurship, Entrepreneurial Process, Business Plan Preparation, Funding for New Ventures, Challenges and Opportunities for Entrepreneurs in India |
| E 4.1 | International Financial Management | Elective (International Business) | 4 | Foreign Exchange Market, Exchange Rate Determination Theories, Currency Risk Management, International Investment Decisions, International Capital Markets and Instruments, International Parity Relationships |
| E 4.2 | Export-Import Finance & Documentation | Elective (International Business) | 4 | Methods of Payment in International Trade, Pre-shipment Finance, Post-shipment Finance, Documentary Credits (LCs), Forex Exposure and Hedging, Export and Import Documents |
| C 4.3 | Project Work (Dissertation / Internship Report) | Project | 4 | Problem Identification and Literature Review, Research Design and Methodology, Data Collection and Analysis, Findings, Conclusion and Recommendations, Report Writing and Presentation |
