Bcom or eco (hons)?

Hindustan Times (Delhi) - HT Education - - Front Page -

I’ve passed Class 12 with 91.2% in the com­merce stream with math­e­mat­ics as a sub­ject. I want to know which course — BCom (hons) or economics (hons) has more rel­e­vance in the cor­po­rate world and would help me in get­ting a good place­ment. I know that th­ese cour­ses have great value and I am in­ter­ested in both. Af­ter com­plet­ing my grad­u­a­tion in com­merce or economics, what are my op­tions for post­grad­u­a­tion, other than CA and CS with BCom?

— Ancy Both are ex­cel­lent cour­ses and have a wide scope of job op­por­tu­ni­ties in the cor­po­rate arena as well as in other fields of work. The choice be­tween BCom and BA economics (hons) should de­pend on which sub­ject you pre­fer and are good at, and the kind of job and ca­reer goal you have for your­self.

Economics is the study of the world’s re­sources and the pro­duc­tion, dis­tri­bu­tion, and con­sump­tion of goods and ser­vices. Economics is a more the­o­ret­i­cal sub­ject where you learn things like how the econ­omy works, how in­fla­tion and how in­ter­est af­fect economies. Eco­nomic stud­ies are ap­plied to prac­ti­cally all sec­tors such as health, ed­u­ca­tion, agri­cul­ture, in­dus­try, law, en­ergy, the en­vi­ron­ment, and other ar­eas.

You can pur­sue an MA in economics and spe­cialise in your area of in­ter­est such as busi­ness or mi­cro economics, macro economics, in­dus­trial economics, de­vel­op­ment economics, or opt for busi­ness man­age­ment, by pur­su­ing a post­grad­u­ate de­gree or diploma course in busi­ness ad­min­is­tra­tion. Other op­tions in­clude bank­ing, CA, com­pany sec­re­tary, CFA, law and so on.

BCom is a more prac­ti­cal de­gree pro­gramme de­signed to in­cul­cate busi­ness acu­men in stu­dents. The course cur­ricu­lum is de­signed to pro­vide the stu­dent with the fun­da­men­tal con­cepts of ac­coun­tancy, busi­ness ad­min­is­tra­tion, fi­nance, economics and in­dus­trial poli­cies, and helps de­velop a wide range of ac­count­ing and man­age­rial skills. Com­merce opens jobs with cor­po­ra­tions and banks as in­vest­ment bankers, man­agers, fi­nan­cial con­sul­tants, ac­coun­tants, ad­vi­sors etc. Af­ter BCom, you can pur­sue a ca­reer with a CA, ICWA, CS, busi­ness man­age­ment, or in­sur­ance I com­pleted BTech in me­chan­i­cal en­gi­neer­ing and have one-year work ex­pe­ri­ence in the au­to­mo­tive in­dus­try in the projects and plan­ning depart­ment. I want to pur­sue an MBA. Can I opt for a dis­tance learn­ing course? Which MBA spe­cial­i­sa­tion will help me in­te­grate my tech­ni­cal and man­age­rial skills?

—Ashish Since you have a back­ground in me­chan­i­cal en­gi­neer­ing, a spe­cial­i­sa­tion in op­er­a­tions man­age­ment or pro­duc­tion man­age­ment is a good choice. Op­er­a­tions man­age­ment con­trols the pro­duc­tion and shop floor man­age­ment as­pect of an or­gan­i­sa­tion, and the ef­fi­cient use of its as­sets — men, ma­chines and ma­te­ri­als. Most op­er­a­tions or pro­duc­tion man­age­ment jobs are with in­dus­trial or man­u­fac­tur­ing com­pa­nies and in­clude plan­ning, pur­chase and con­trol of ma­te­ri­als, as well as run­ning and main­tain­ing equip­ment. MBA op­er­a­tions open up ca­reer op­por­tu­ni­ties for you in the fields of ma­te­rial and sup­ply chain man­age­ment, qual­ity con­trol, lo­gis­tics, in­ven­tory con­trol, and pro­duc­tion plan­ning and im­prove­ment. You

IMAGESBAZAAR

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