.png&w=1920&q=75)
M-COM in Co Operation at University of Calicut
Malappuram, Kerala
.png&w=1920&q=75)
About the Specialization
What is Co-operation at University of Calicut Malappuram?
This M.Com Co-operation program at the University of Calicut focuses on the unique management and operational aspects of cooperative enterprises. It delves into the principles, legal framework, and practical application of cooperation, a vital sector in India''''s economy, particularly in agriculture, banking, and consumer goods. The program emphasizes ethical governance and sustainable development within the cooperative model.
Who Should Apply?
This program is ideal for commerce and management graduates seeking entry into the cooperative sector, including rural banks, credit societies, marketing federations, and dairy cooperatives. It also suits working professionals from allied fields looking to specialize in cooperative management or those aspiring for roles in cooperative audit and legal compliance. A foundational understanding of business and economics is beneficial.
Why Choose This Course?
Graduates of this program can expect promising career paths in cooperative banks, apex cooperative federations, and government cooperative departments across India. Roles include Cooperative Development Officer, Auditor, Manager, or Consultant. Entry-level salaries typically range from INR 3-5 LPA, with experienced professionals earning significantly more, contributing to a stable and socially impactful career.
Student Success Practices
Foundation Stage
Build Strong Business Fundamentals- (Semester 1-2)
Focus rigorously on core subjects like Management Concepts, Quantitative Techniques, Accounting, and Marketing. Actively participate in class discussions, solve case studies, and join study groups to solidify understanding of foundational business principles critical for specialized learning.
Tools & Resources
University library resources, Online courses on Swayam/NPTEL for core business subjects, Previous year question papers
Career Connection
A strong base in these subjects is essential for understanding the broader economic and managerial context of cooperative businesses, preparing for competitive exams and entry-level analytical roles.
Develop Analytical and Problem-Solving Skills- (Semester 1-2)
Pay close attention to Quantitative Techniques and Research Methodology. Practice data interpretation, statistical analysis, and logical reasoning. Engage in mini-research projects or assignments to apply theoretical concepts to practical business scenarios.
Tools & Resources
Excel for data analysis, Online tutorials for statistical software, Business case study platforms
Career Connection
These skills are highly valued in any managerial role within cooperatives, particularly for financial analysis, market research, and strategic planning.
Engage with the Cooperative Movement (Preliminary)- (Semester 1-2)
Start familiarizing yourself with the Indian cooperative sector. Read up on the history of the cooperative movement, visit local cooperative societies (e.g., milk cooperatives, credit societies) if possible, and follow news related to the sector to build initial context.
Tools & Resources
NABARD publications, NCUI (National Cooperative Union of India) website, Local cooperative society annual reports
Career Connection
Early exposure helps in understanding the unique operational environment of cooperatives, making future specialization more meaningful and aiding in internship applications.
Intermediate Stage
Master Co-operative Specific Fundamentals- (Semester 3)
Dedicate significant effort to the first set of Co-operation specialization papers (Principles and Practices, Co-operative Legal System). Understand the history, philosophy, and legal framework specific to Indian cooperatives. Participate in seminars or workshops on cooperative law and governance.
Tools & Resources
Refer to specific cooperative acts (e.g., Kerala Co-operative Societies Act), Publications by NCUI or ICA (International Cooperative Alliance), Guest lectures by cooperative sector experts
Career Connection
Deep understanding of cooperative principles and laws is fundamental for roles involved in the establishment, compliance, and management of cooperative entities.
Apply Core Management Concepts to Cooperatives- (Semester 3)
As you learn Strategic Management and Human Resource Management (core), concurrently think about their application within the cooperative context. How do HR policies differ in a cooperative? What unique strategic challenges do cooperatives face? Engage in group projects that explore these questions.
Tools & Resources
Case studies on cooperative strategy and HR, Discussions with faculty specializing in the cooperative sector
Career Connection
This helps in developing a holistic managerial perspective tailored for the cooperative sector, making you a more versatile candidate for leadership and administrative roles.
Network with Cooperative Professionals- (Semester 3)
Attend any webinars, conferences, or guest talks organized by the university or local cooperative bodies. Reach out to alumni working in the cooperative sector for informational interviews. Building these connections can open doors for mentorship and future opportunities.
Tools & Resources
LinkedIn, University alumni network, Professional associations in the cooperative sector
Career Connection
Networking is crucial for gaining industry insights, identifying job opportunities, and building a professional support system within the specialized cooperative domain.
Advanced Stage
Excel in Co-operative Management and Audit- (Semester 4)
Focus intently on the advanced Co-operation papers: Co-operative Management and Co-operative Accounting and Audit. Understand the financial management, marketing, and audit procedures unique to cooperatives. Prepare for certifications relevant to cooperative audit if available.
Tools & Resources
Advanced texts on cooperative finance, Audit standards for cooperatives, Practice exercises for cooperative accounting
Career Connection
These subjects directly prepare you for specialized roles in cooperative finance, audit, and overall management, which are in high demand across the sector.
Execute an Impactful Project on Cooperatives- (Semester 4)
Treat the final project (COM4C12) as a capstone experience. Select a challenging real-world problem or opportunity within the cooperative sector for your research. Aim to provide actionable recommendations, showcasing your analytical and problem-solving abilities.
Tools & Resources
Access to cooperative institution data (with permission), Advanced research methodologies, Presentation tools
Career Connection
A well-executed project demonstrates your expertise and practical skills to potential employers, significantly boosting your profile for management and research roles.
Prepare for Specialized Placements & Competitive Exams- (Semester 4)
Actively participate in campus placements focusing on cooperative sector companies and institutions. Simultaneously, prepare for competitive exams like those for NABARD, Cooperative Bank POs, or Cooperative Department recruitments, which often require specific knowledge of cooperative law and economics.
Tools & Resources
Placement cell guidance, Mock interviews, Aptitude test preparation, Specific study materials for cooperative sector exams
Career Connection
Targeted preparation ensures you are job-ready for the specific opportunities within the cooperative sector, maximizing your chances of securing a desirable position.
Program Structure and Curriculum
Eligibility:
- B.Com/BBA/BBM with not less than 45% marks or any other degree accepted as equivalent thereto by the Academic Council of the University of Calicut.
Duration: 4 semesters
Credits: 80 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM1C01 | Management Concepts and Organisational Behaviour | Core | 4 | Management functions and principles, Organisational Behaviour concepts, Personality and Perception, Motivation theories, Group dynamics and Team building, Leadership styles |
| COM1C02 | Quantitative Techniques for Business Decisions | Core | 4 | Probability theory, Probability distributions (Binomial, Poisson, Normal), Sampling and Estimation, Hypothesis testing, Correlation and Regression analysis, Time series analysis |
| COM1C03 | Managerial Economics | Core | 4 | Demand analysis and forecasting, Production and Cost analysis, Market structures and pricing policies, Macro economic policies, National income and business cycles, Investment decisions |
| COM1C04 | Business Environment | Core | 4 | Economic systems and policies, Business ethics and Corporate Social Responsibility, Technological environment, Global business environment, Indian economic reforms, Legal environment of business |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM2C05 | Accounting for Managerial Decisions | Core | 4 | Financial statement analysis, Fund flow statement, Cash flow statement, Ratio analysis, Budgetary control, Standard costing and Variance analysis |
| COM2C06 | Marketing Management | Core | 4 | Marketing concepts and philosophies, Market segmentation and targeting, Product decisions and branding, Pricing strategies, Promotion mix, Distribution channels |
| COM2C07 | Financial Management | Core | 4 | Capital budgeting decisions, Cost of capital, Capital structure theories, Working capital management, Dividend policy decisions, Sources of finance |
| COM2C08 | Research Methodology for Business | Core | 4 | Research design, Sampling techniques, Data collection methods, Hypothesis formulation and testing, Data analysis and interpretation, Report writing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM3C09 | Strategic Management | Core | 4 | Strategic management process, Environmental analysis, Strategy formulation, Strategy implementation, Strategic evaluation and control, Corporate governance |
| COM3C10 | Human Resource Management | Core | 4 | Human Resource Planning, Recruitment and Selection, Training and Development, Performance Appraisal, Compensation Management, Industrial Relations |
| COM3E04A | Principles and Practices of Co-operation | Elective (Co-operation) | 4 | Meaning and Objectives of Co-operation, Principles of Co-operation, History of Co-operative Movement (International & Indian), Growth and Structure of Co-operative Organizations, Co-operative Legislation and Administration, Role of NABARD and NCUI |
| COM3E04B | Co-operative Legal System | Elective (Co-operation) | 4 | Co-operative Societies Act (Kerala), Registration of Co-operative Societies, Membership and Rights/Liabilities, Management of Co-operatives (General Body, Board), Dispute Resolution in Co-operatives, Bye-laws and Amendments |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM4C11 | International Business | Core | 4 | International trade theories, Balance of Payments, Foreign exchange markets, Foreign Direct Investment (FDI), WTO and trade agreements, Global economic environment |
| COM4C12 | Project and Viva Voce | Core | 4 | Project identification and formulation, Research design for projects, Data analysis and interpretation, Report writing and presentation, Viva Voce examination, Ethical considerations in research |
| COM4E04C | Co-operative Management | Elective (Co-operation) | 4 | Management functions in Co-operatives, Financial Management in Co-operatives, Marketing Management in Co-operatives, Human Resource Management in Co-operatives, Information Systems in Co-operatives, Challenges in Co-operative Management |
| COM4E04D | Co-operative Accounting and Audit | Elective (Co-operation) | 4 | Accounting principles for Co-operatives, Financial statements of Co-operatives, Audit objectives and types, Audit procedures for Co-operatives, Internal control in Co-operatives, Auditor''''s report for Co-operatives |
