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M-COM in Eafm at Swift College of Commerce & Science, Bhilwara
Bhilwara, Rajasthan
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About the Specialization
What is EAFM at Swift College of Commerce & Science, Bhilwara Bhilwara?
This EAFM (Economic Administration and Financial Management) program at Swift College of Commerce & Science focuses on equipping students with advanced knowledge in financial management, economic policies, and administrative practices crucial for the financial sector. It is designed to meet the growing demand for skilled finance professionals in India''''s rapidly evolving economy, emphasizing both theoretical understanding and practical application of financial tools to real-world challenges.
Who Should Apply?
This program is ideal for commerce graduates seeking a specialized master''''s degree to enter the financial services, banking, insurance, or investment sectors. It also caters to young professionals looking to enhance their financial acumen and career prospects, as well as those aspiring for roles in economic analysis or financial administration within government and corporate entities, demanding a strong foundation in economic and financial principles.
Why Choose This Course?
Graduates of this program can expect to pursue rewarding careers as financial analysts, investment bankers, portfolio managers, risk managers, and economic advisors. In India, entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning significantly more. The program aligns with professional certifications like NISM and aims to build competencies for high-growth roles in the Indian financial market, ensuring upward mobility.
Student Success Practices
Foundation Stage
Master Core Commerce Fundamentals- (Semester 1-2)
Focus intensely on understanding core concepts in accounting, economics, quantitative techniques, and management. Utilize prescribed textbooks, online tutorials from platforms like NPTEL or Coursera, and form peer study groups to solidify foundational knowledge and prepare for advanced subjects.
Tools & Resources
NPTEL courses, Coursera, YouTube educational channels (e.g., The Organic Chemistry Tutor for quantitative skills), College library resources, Peer study groups
Career Connection
A strong foundation is crucial for excelling in advanced finance subjects and for clearing competitive exams or interviews for entry-level positions in the financial sector.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Practice problem-solving in quantitative techniques, statistics, and economic analysis regularly. Learn to use MS Excel proficiently for data analysis, financial calculations, and basic modeling. Attend workshops on statistical software (e.g., basic R or Python for data visualization) if offered.
Tools & Resources
MS Excel, Online data analysis tutorials, Statistical problem books, Kaggle (for practice datasets), Khan Academy for quantitative reasoning
Career Connection
These skills are indispensable for roles in financial modeling, risk assessment, market research, and economic forecasting, which are highly valued in Indian financial institutions.
Engage in Current Affairs and Financial News- (Semester 1-2)
Regularly read leading financial newspapers (e.g., Economic Times, Business Standard) and follow business news channels and financial portals. Participate in discussions to understand current economic trends, market dynamics, and policy changes in India to build commercial awareness.
Tools & Resources
Economic Times, Business Standard, Livemint, CNBC-TV18, BloombergQuint, Financial podcasts
Career Connection
Develops a strong commercial awareness and informed perspective, essential for interviews, group discussions, and for understanding the real-world application of academic concepts in the dynamic Indian context.
Intermediate Stage
Deep Dive into Specialization Topics- (Semester 3)
As specialization commences, go beyond classroom lectures by exploring advanced concepts in international finance, capital markets, and security analysis. Read specialized research papers, participate in finance clubs, and attend webinars by industry experts to gain in-depth knowledge.
Tools & Resources
JSTOR, Google Scholar, CFA Institute resources, NISM study materials, Finance journals
Career Connection
Builds specialized expertise, making you a more attractive candidate for specific roles in investment banking, portfolio management, and financial analysis within the Indian financial landscape.
Begin NISM Certifications- (Semester 3)
Actively prepare for and attempt National Institute of Securities Markets (NISM) certifications relevant to EAFM, such as Equity Derivatives, Investment Advisor, or Mutual Funds modules. These certifications provide practical, industry-recognized knowledge and improve market readiness.
Tools & Resources
NISM study material, NISM mock tests, Online coaching platforms for NISM, NSE Academy courses
Career Connection
NISM certifications are highly valued in India, providing a competitive edge and validating practical knowledge for roles in stock markets, mutual funds, and wealth management, enhancing employability.
Undertake Short-term Industry Projects/Internships- (Semester 3)
Seek opportunities for short-term projects or internships related to financial research, market analysis, or risk assessment with local financial firms or through college initiatives during semester breaks or alongside studies. Apply theoretical knowledge to practical scenarios.
Tools & Resources
College placement cell, LinkedIn, Local financial consultants/firms, Business incubators, Internshala
Career Connection
Practical exposure enhances resume credibility and provides invaluable networking opportunities, often leading to valuable industry contacts and a clearer understanding of career paths in India.
Advanced Stage
Intensive Placement Preparation and Mock Interviews- (Semester 4)
Engage in rigorous placement preparation, including tailoring resumes for finance roles, extensive practice for aptitude tests, active participation in group discussions, and frequent mock interviews with faculty and external mentors to refine communication and presentation skills.
Tools & Resources
College placement cell resources, Online aptitude platforms (e.g., IndiaBix, PrepInsta), Mock interview panels, Career counselors, LinkedIn Learning for interview skills
Career Connection
Directly improves the chances of securing desirable placements in top-tier Indian companies and financial institutions by building confidence and addressing skill gaps identified during preparation.
Develop Advanced Financial Modeling and Valuation Skills- (Semester 4)
Take advanced workshops or online courses on financial modeling using Excel and potentially specialized software (e.g., Bloomberg Terminal if accessible). Learn advanced company valuation techniques and perform comprehensive financial statement analysis for various industries.
Tools & Resources
Microsoft Excel (advanced functions), Online financial modeling courses (e.g., Financial Modeling & Valuation Analyst FMVA certification), Case studies in finance, Financial Times for real-world company data
Career Connection
These are highly sought-after skills for roles in investment banking, private equity, corporate finance, and equity research, particularly in large Indian conglomerates and multinational corporations.
Network Strategically and Leverage Alumni- (Semester 4)
Actively attend alumni meets, industry conferences, and professional networking events. Connect with professionals in your target EAFM sub-fields on platforms like LinkedIn to seek guidance, explore job opportunities, and build a strong professional network before graduation.
Tools & Resources
LinkedIn, College alumni network, Industry events (e.g., those by NASSCOM, FICCI), Professional bodies like Financial Planning Association of India (FPAI)
Career Connection
Opens doors to hidden job markets, mentorship opportunities, and referrals, which are often critical for securing competitive roles and accelerating career advancement in the Indian corporate landscape.
Program Structure and Curriculum
Eligibility:
- A candidate who has passed B.Com. (Pass/Hons.) / B.B.A. / B.C.A. / B.Sc. (Maths/CS/IT) / B.A. (Economics/Maths/Statistics) with 45% marks in aggregate or any other examination recognised equivalent thereto shall be eligible for admission to M.Com. Course. Relaxation of 5% marks for SC/ST/OBC/MBC/EWS candidates.
Duration: 2 years / 4 semesters
Credits: 72 Credits
Assessment: Internal: 36%, External: 64%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| Paper I | Accounting for Managerial Decisions | Core | 3 | Management Accounting Introduction, Cost-Volume-Profit Analysis, Budgetary Control, Standard Costing, Responsibility Accounting, Relevant Costing |
| Paper II | Quantitative Techniques for Business Decisions | Core | 3 | Operations Research Introduction, Linear Programming, Transportation Problem, Assignment Problem, Decision Theory, PERT/CPM |
| Paper III | Business Environment | Core | 3 | Economic Systems, Industrial Policy, Monetary and Fiscal Policy, International Business Environment, Corporate Social Responsibility, Liberalization, Privatization, Globalization |
| Paper IV | Principles of Marketing Management | Core | 3 | Marketing Concepts and Functions, Product Life Cycle and Development, Pricing Strategies, Distribution Channels, Promotion Mix, Consumer Behaviour |
| Paper V | Organisational Behaviour | Core | 3 | Introduction to Organisational Behaviour, Perception and Learning, Motivation Theories, Group Dynamics and Teamwork, Leadership Theories and Styles, Organisational Culture and Climate |
| Paper VI | Indian Financial System | Core | 3 | Structure of Indian Financial System, Financial Markets, Financial Institutions, Money Market, Capital Market, SEBI and RBI |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| Paper VII | Economic Analysis | Core | 3 | Managerial Economics Introduction, Demand Analysis and Forecasting, Production and Cost Analysis, Market Structures and Pricing, Profit Management, Macroeconomic Policies |
| Paper VIII | Financial Management | Core | 3 | Financial Management Goals, Capital Budgeting Decisions, Cost of Capital, Capital Structure Theories, Working Capital Management, Dividend Policy |
| Paper IX | Human Resource Management | Core | 3 | HRM Functions, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Appraisal, Industrial Relations |
| Paper X | Research Methodology and Statistical Analysis | Core | 3 | Research Process and Types, Research Design, Data Collection Methods, Sampling Techniques, Hypothesis Testing, Report Writing |
| Paper XI | Entrepreneurship Development | Core | 3 | Entrepreneurship Concepts, Entrepreneurial Process, Business Plan Preparation, Small Business Management, Government Support to SMEs, Institutional Finance for Entrepreneurs |
| Paper XII | Computer Applications in Business | Core | 3 | Computer Fundamentals, MS Word and PowerPoint, MS Excel for Business, Database Management Systems, Internet and E-commerce, Computer Security |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EAFM-1 | International Finance | Specialization Core | 3 | International Monetary System, Balance of Payments, Foreign Exchange Market, Exchange Rate Theories, International Parity Conditions, International Financial Markets |
| EAFM-2 | Indian Capital Market | Specialization Core | 3 | Primary Market, Secondary Market, Stock Exchanges, SEBI Regulations, Derivatives Market in India, Mutual Funds |
| EAFM-3 | Risk Management and Insurance | Specialization Core | 3 | Risk Management Process, Types of Risks, Insurance Principles, Life Insurance, General Insurance, Reinsurance |
| EAFM-4 | Rural and Agricultural Finance | Specialization Core | 3 | Rural Credit System, Agricultural Finance Needs, Microfinance, NABARD and Regional Rural Banks, Rural Infrastructure Financing, Cooperative Credit Structure |
| EAFM-5 | Security Analysis and Portfolio Management | Specialization Core | 3 | Investment Process, Fundamental Analysis, Technical Analysis, Portfolio Theories, Portfolio Performance Evaluation, Capital Asset Pricing Model (CAPM) |
| EAFM-6 | Computer Applications in Finance | Specialization Core | 3 | Financial Software, Spreadsheet Modeling for Finance, E-banking and Digital Payments, E-trading and Online Brokerage, Financial Databases, ERP and MIS in Finance |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EAFM-7 | Investment Banking and Financial Services | Specialization Core | 3 | Investment Banking Functions, Merchant Banking, Project Finance, Mutual Funds and AMCs, Credit Rating Agencies, Leasing and Hire Purchase |
| EAFM-8 | International Business | Specialization Core | 3 | Theories of International Trade, Modes of Entry into International Business, Export-Import Procedures, World Trade Organization (WTO), Regional Economic Groupings, Foreign Direct Investment (FDI) |
| EAFM-9 | Financial Derivatives | Specialization Core | 3 | Futures Contracts, Options Contracts, Swaps, Hedging Strategies, Option Pricing Models, Credit Derivatives |
| EAFM-10 | Tax Planning and Management | Specialization Core | 3 | Income Tax Fundamentals, Tax Planning for Individuals, Corporate Tax Planning, Goods and Services Tax (GST) Overview, Tax Administration and E-filing, Tax Avoidance vs. Tax Evasion |
| EAFM-11 | Project Planning, Analysis and Management | Specialization Core | 3 | Project Identification and Formulation, Project Feasibility Analysis, Project Appraisal Techniques, Project Implementation, Project Monitoring and Control, Risk Analysis in Projects |
| EAFM-12 | Dissertation/Project Report | Project | 3 | Research Topic Selection, Literature Review, Research Methodology, Data Analysis and Interpretation, Report Writing and Presentation, Ethical Considerations in Research |
