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BCOM in Economic Administration Financial Management Eafm at University Maharani College
Jaipur, Rajasthan
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About the Specialization
What is Economic Administration & Financial Management (EAFM) at University Maharani College Jaipur?
This Economic Administration & Financial Management (EAFM) program at University Maharani College, Jaipur focuses on providing a robust understanding of economic policies, administrative frameworks, and financial market operations. With a strong emphasis on the Indian context, the program delves into the regulatory and practical aspects of finance, preparing students for roles in various sectors. It is designed to equip students with the necessary knowledge to navigate India''''s evolving economic and financial landscape.
Who Should Apply?
This program is ideal for fresh 10+2 graduates from the Commerce stream who aspire to build careers in the banking, financial services, public sector, or wish to become entrepreneurs. It also caters to individuals keen on understanding government economic policies and administrative functions, making it suitable for those aiming for roles in economic research or public administration within India.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as financial analysts, bank officers, economic researchers, marketing managers in financial firms, or administrators in government agencies. Entry-level salaries typically range from INR 3-5 LPA, with significant growth potential with experience. The curriculum aligns with the knowledge required for various competitive exams like IBPS PO, RBI Assistant, and state administrative services.
Student Success Practices
Foundation Stage
Strengthen Core Economic & Legal Concepts- (Year 1)
Actively participate in lectures for Business Economics and Business Law, review real-world case studies related to contract law and economic principles, and utilize online resources like eGyanKosh or NPTEL for supplementary learning to build a strong foundational understanding.
Tools & Resources
University library, eGyanKosh, NPTEL, Previous year question papers
Career Connection
A strong theoretical base in economics and law is essential for roles in financial analysis, compliance, and regulatory affairs in any industry.
Develop Essential Business Software Skills- (Year 1)
Go beyond basic computer applications by practicing essential business software. Master MS Excel for data entry, basic analysis, and financial modeling. Also, become proficient in presentation tools like MS PowerPoint for effective project communication.
Tools & Resources
MS Office Suite, Online Excel tutorials (e.g., Coursera free courses, YouTube), College computer labs
Career Connection
Enhances employability across all business and finance domains, as proficiency in these tools is a standard expectation for data handling and reporting.
Cultivate Effective Study Habits & Peer Learning- (Year 1)
Establish a consistent study schedule, engage in collaborative study groups for complex topics, and regularly review concepts with peers. This fosters deeper understanding and improves problem-solving abilities.
Tools & Resources
Study groups, College common rooms/library, Online collaborative tools
Career Connection
Improves academic performance, develops teamwork skills, and enhances communication, all crucial attributes for professional success.
Intermediate Stage
Engage with Entrepreneurial Ecosystem- (Year 2)
Apply theoretical knowledge by participating in college entrepreneurship cells, attending workshops on startup development, and exploring local small businesses. Consider undertaking mini-projects on business plan formulation to gain practical experience.
Tools & Resources
College Entrepreneurship Cell, Local business incubators, Industry guest speakers
Career Connection
Develops a proactive business mindset, critical for future entrepreneurial ventures, leadership roles in SMEs, or innovation-focused positions in larger organizations.
Analyze Regional Economic Landscape- (Year 2)
Deep dive into Rajasthan''''s economic policies and sectors by regularly following local economic news, analyzing government reports on the state''''s economy, and if possible, visiting local industries or government development agencies.
Tools & Resources
Government economic surveys of Rajasthan, Local business newspapers (e.g., Rajasthan Patrika, Dainik Bhaskar economic sections), Field visits (if organized by college)
Career Connection
Prepares students for specialized roles in regional development agencies, local banks, or businesses with a strong presence in Rajasthan, offering a competitive edge.
Build Communication & Presentation Skills- (Year 2)
Actively participate in debates, group discussions, and academic presentations. Seek constructive feedback on your communication style to refine your ability to articulate ideas clearly and persuasively in professional settings.
Tools & Resources
College debate club, Public speaking workshops, Student council activities
Career Connection
Essential for client interactions, effective team leadership, and impactful reporting, which are vital in any financial or administrative role.
Advanced Stage
Master Financial Market & Banking Concepts- (Year 3)
Deepen your understanding of the Indian Banking and Financial Systems by regularly reading financial newspapers like Economic Times or Business Standard, following RBI policies, and attempting mock tests for banking recruitment exams (e.g., IBPS, SBI PO). Consider basic NISM certifications.
Tools & Resources
Financial newspapers, RBI website, Online banking exam preparation platforms, NISM basic modules
Career Connection
Directly prepares students for coveted roles in commercial banks, investment firms, or regulatory bodies such as RBI and SEBI, enhancing career prospects significantly.
Develop Practical Marketing Skills- (Year 3)
Gain hands-on experience by working on live marketing projects, engaging in detailed case study analysis, and exploring digital marketing fundamentals relevant to financial products and services. Participate in college festivals for practical application of marketing strategies.
Tools & Resources
Marketing case studies, Online courses on digital marketing basics (e.g., Google Digital Garage), College festivals for event marketing experience
Career Connection
Opens up diverse career opportunities in the marketing divisions of financial firms, product management, or sales roles within the banking sector.
Undertake Comprehensive Career Planning & Placement Preparation- (Year 3)
Focus on job readiness by actively attending college placement drives, meticulously preparing resumes and cover letters tailored to specific roles, and practicing group discussions and personal interviews. Network with alumni for mentorship and insights.
Tools & Resources
College Placement Cell, LinkedIn, Mock interview platforms, Resume building workshops
Career Connection
Ensures a smooth and successful transition into the professional world by maximizing chances for targeted job applications and excelling in recruitment processes.
Program Structure and Curriculum
Eligibility:
- 10+2 Pass with Commerce stream (as per college admission criteria)
Duration: 3 years
Credits: Credits not specified
Assessment: Internal: Internal Assessment wherever applicable, details not specified as a universal percentage, External: Each theory paper is 100 Marks. Minimum 36% pass marks in each theory paper and practical examination separately. Compulsory subjects in Part I are qualifying.
