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M.Com in Economic Administration and Financial Management is a postgraduate program that focuses on providing students with advanced knowledge and skills in economics, administration, and financial management.

The program is typically designed for students who have completed their undergraduate degree in commerce, economics, or business. The primary objective of the program is to train students in the principles and practices of financial management and administration. Students enrolling in one of the best MCom in EAFM colleges in India, learn about financial analysis, investment management, accounting, taxation, and financial planning. They also gain an understanding of the economic and regulatory environment in which businesses operate.

The M.Com. in Economic Administration and Financial Management curriculum typically covers a range of subjects, including micro and macroeconomics, financial accounting, cost accounting, management accounting, financial management, investment management, financial markets, international finance, and financial statement analysis.

Overall, the M.Com. in Economic Administration and Financial Management is an excellent choice for students who are interested in pursuing careers in finance and accounting and want to develop their skills in financial management and administration.

Eligibility

Passed Bachelor Degree in Commerce from UGC approved University. Obtained at least 55% marks (50% marks in case of candidates belonging to reserved category) in the qualifying examination.

  • Duration
    2 Years
  • Fee (Per Semester)
    7,000/-
    Examinations Fee (Per Semester)
    1,500/-
    Examinations Fee(/Semester)
    500/-
    Enrollment Fee
    1,000/-

 

Highlights

  • Develop students' knowledge and understanding of economic theory and its application to real-world economic problems.
  • Provide students with a thorough grounding in financial management and its various aspects such as financial analysis, risk management, and investment decision-making.
  • Foster students' communication and teamwork skills through group projects, case studies, and presentations.
  • Equip students with the ability to analyze financial statements, evaluate investment opportunities, and make sound financial decisions.
Program-objective

Curriculum Details

  • Advance Managerial Economics
  • Economic Financial Management
  • Indian Financial System
  • Business Environment
  • Quantitative Methods
  • Case Study (Real / Hypothetical) and analysis of Economic Financial Management
  • Management Concept and Processes
  • Indian Ethos and Value
  • History - I

  • Macro-Economic Analysis and Policy
  • Business Research Methods
  • Case Study (Real / Hypothetical) and analysis of Business Research Methods
  • Banking, Insurance and Financial Services
  • Human Resource Management
  • Organizational Behaviour
  • Production and Operation Management
  • Physiological psychology
  • Indian government and politics
  • Quality Management
  • Disaster Management

  • Financial Econometrics and Equity Research
  • Financial Statement Analysis and Valuation
  • International Financial Management
  • Behavioural Finance
  • Financial Derivatives
  • Human development
  • Public policy
  • Solid and Hazardous Waste Management
  • Supply and Operations Management

  • Internship (18 Weeks minimum)
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Program Outcomes (POs)

  • PO1

    Learning and Understanding: Learn and understand the advanced concepts and principles of commerce such as financial management, accounts, business, applied mathematics etc.

  • PO2

    Effective Communication: Communicate effectively (business communication, verbal and non-verbal) on economic and financial matters with society in the public, private, banking and corporate sector.

  • PO3

    Social Interaction and Solutions: Able to interact and provide awareness on financial, banking, social survey, and business laws etc; thereby providing solutions based on the latest amendments to government laws and acts related to commerce.

  • PO4

    Use of technology/software for solutions to complex problems: Able to use the computer package, and software for financial auditing, banking, final accounts etc.

  • PO5

    Ethics: Apply ethical principles and commit to professional ethics, responsibilities and norms of the commerce practices.

  • PO6

    Individual and team work: Function effectively as an individual, and as a member or leader in diverse teams, and in multidisciplinary settings.

  • PO7

    Project management and finance: Apply the knowledge and understanding of the commerce and management principles and help in managing projects in multidisciplinary environments.

  • PO8

    Life-long learning: Recognize the need for, and have the preparation and ability to engage in independent and life-long learning in the commerce field.

Program Specific Outcomes (PSOs)

  • PSO1

    Able to apply the knowledge gained during the course of the program by helping the industries and government to trade globally.

  • PSO2

    Able to apply the knowledge of international laws, management control, administration policy skill, understanding of banking rules and regulations, anti-dumping rules in business.

  • PSO3

    Act in the formation and implementation of policies related to economic, management.

 

Program Educational Objectives (PEOs)

Students should be in a position to succeed in the Government and private sectors especially Banking and Non-Banking financial institutions.

Students should be capable enough to innovate in business and devise methods to design and sustain financial products.

Students acquire the skills to become successful economists and entrepreneurs.

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outcomes

Career Path

  • Financial analysts
  • Investment managers
  • Financial consultants
  • Tax consultants
  • Corporate finance executives

 

FAQ

Can I pursue an M.Com. in Business Administration through distance education?

You will develop skills in economic theory, financial analysis, risk management, investment decision-making, critical thinking, problem-solving, research, communication, and teamwork.

What is the difference between an M.Com. in Economic Administration and Financial Management and an MBA in Finance?

An M.Com. program in Economic Administration and Financial Management is more focused on economic principles and financial management, while an MBA in Finance provides a broader understanding of business and management principles with a focus on finance.

Is the M.Com. program in Economic Administration and Financial Management suitable for someone without a background in commerce or economics?

The program is designed for students with a background in commerce or a related field, but some universities may accept students from other disciplines provided they meet the eligibility criteria and have relevant experience.

Campus
Nirwan University Jaipur

Near Bassi-Rajadhok Toll, Agra Road, Jaipur- 303305

City Office

21, Sahkar Marg, 1st Floor, Near 22 Godam Circle
Jaipur - 302019 Rajasthan
Campus

Nirwan University

Near Bassi-Rajadhok Toll, Village- Jhar, Agra Road, Jaipur - 303305 Rajasthan