CAUGHT IN THE WRONG JOB !!!!
With just 3 days left for the sem 6 to commence, it is again a showtime for tybms.
The most critical situation TY guys face is selecting the optional subjects.
The worst part of our decision was observed in SEM 5 Itself, where many students opted for Finance just for the sake of practical subject, good marks , bla, bla. And how We were led to Crisis with Change in Pattern, Chapters and sums.
So, let me help you out for this Sem.
In this sem, we are having 3 elective papers –
-Retail Management
-Investment Analysis And Portfolio Management
-Econometrics
Before Selecting any of the paper, Just remember these points in mind.
- Select the subject according to your interest
- Don’t opt for subject considering the exam point of view, think for the future prospects.
Subjects which will help you in your future studies.
Eg. Students looking for Brokerage Enterprise setup or Investment minded can opt for IAPM
3.Don’t think that these particular subject is practical so we can score and theory subject we can’t.
We have seen the after effects of these attitude in our sem 5 in Finance.
4. Do a detail study in the subject you opt for with regards to its scope and specialization advantage.
If you follow these, I am sure you can make the best and Are not CAUGHT IN THE WRONG JOB!!!!
RETAIL MANAGEMENT :
The Indian retail industry is on the verge of a revolution! Market liberalization and increasingly assertive consumers are sowing the seeds of a retail transformation that is bringing bigger Indian and Multinational operators on the retail arena. A number of Indian and international retailers are entering this advancing market.
There has been a significant change in retail trading over the years, a transition from the traditional retail sector to organized retailing. The size of Indian retail at present is US $ 300 billion; by 2015 Indian retail business will be worth US $ 637 billion. With around 13% contribution to the GDP and 7% employment of the national workforce, retailing is undoubtedly a strong pillar of the Indian economy and a sector offering huge opportunities.
According to Global Retail Development Index by A.T. Kearney, India is positioned as the leading destination for retail investment. There are about 300 new malls, 150 supermarkets and 325 departmental stores being built very soon.
The career opportunities are in the areas of Store Operations, Retail Marketing, Visual Merchandising, Buying & Merchandising, Brand Management, Store Location & Design, MIS in Retail, Human Resource Management, E-Tailing and Digital Retailing.
There is a large growth opportunity in an organized business that the country will see after a long time. Apart from the direct jobs, every retail job created adds further jobs in the support business.
Retail Management is an Elective Paper which is a Theory Subject wherein topics like Retail Strategies, Merchandise Management, Store Management. You can relate the sales promotion with public relation, inventory management, customer relationship, business ethics, retail brand management, business communication, management and organizational behavior, quantitative methods in retailing.
INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT :
Globalization is the major factor influencing the domestic financial markets. With deregulation of the financial markets taking place across the world; financial services, institutional framework and the nature & scope of financial instruments is undergoing rapid and dramatic changes. India with its comprehensive framework of financial institutions and instruments is emerging as a leading player in emerging market finance. However, a great scope exists to further expand the reach and competitiveness in business development and performance.
| INVESTMENT AND FINANCE : |
| The Indian economy is estimated to have grown by 7.4 per cent in 2009-10.As per the Securities and Exchange Board of India (SEBI), number of registered Foreign Institutional Investors (FIIs) as on May 31, 2010 was 1710 and the cumulative investments in equity since November 1992 to May 31, 2010, was US$ 77.2 billion , while the cumulative investments in debt during the same period were US$ 13.4 billion . The total FII inflow in equity during January to May 2010 was US$ 4.6 billion while it was US$ 5.9 billion in debt. Net investment made by FIIs in equity between June 1, 2010 and June 14, 2010 was US$ 530.05 million while it was US$ 875.73 million in debt, as per the latest data released by SEBI.
Private equity (PE) firms invested about US$ 2 billion across 56 deals during the quarter ended March 2010, according to a study by Venture Intelligence, a research service focussed on PE and merger and acquisitions (M&A) transaction activity in India. The amount invested during the January-March 2010 quarter was the highest in the last six quarters. The figure was significantly higher than that during the same period last year (January-March 2009) which witnessed US$ 620 million being invested across 58 deals and also the immediate previous quarter (October-December 2009) where investments worth US$ 1,681 million were made across 102 deals. Stock markets According to data from Bloomberg, India’s market cap as a percentage of world market cap was 2.8 per cent as on December 31, 2009. In 2009, there were 21 IPOs that raised US$ 4.18 billion as compared to 36 IPOs in 2008 that raised US$ 3.62 billion. |
Further, according to ICICI Securities, Indian companies are likely to raise up to US$ 42.43 billion from the primary market over the next three years. According to Madhabi Puri-Buch, Managing Director and CEO, ICICI Securities’ nearly US$ 20 billion will be raised from the initial public offer (IPO) market this fiscal (2010-11), of which around US$ 8.49 billion would be from the public sector and an equal amount from private companies.
Investment Analysis and Portfolio Management is an Elective Paper which is Theory cum Practicals. It is a new subject introduced to BMS course this year and one would learn more about Investment, Portfolio, Valuation of Equity and Debenture and Risk and Return.
ECONOMETRICS :
Simply stated, econometrics means economic measurement. Although quantitative measurement of economic concepts such as the gross domestic product (GDP), unemployment, inflation, imports, and exports is very important, the scope of econometrics is much broader.
Econometrics makes use of economic theory, mathematical economics, economic statistics (i.e., economic data), and mathematical statistics. Yet, it is a subject that deserves to be studied in its own right for many reasons.
Econometrics gives empirical (i.e., based on observation or experiment)content to most economic theory.
For students majoring in economics and business there is a pragmatic reason for studying econometrics. After graduation, in their employment, they may be called upon to forecast sales, interest rates, and money supply or to estimate demand and supply functions or price elasticities for products.
It is fair to say that econometrics has become an integral part of training in economics and business.
THE METHODOLOGY OF ECONOMETRICS
How does one actually do an econometric study? Broadly speaking, econometric analysis proceeds along the following lines.
1. Creating a statement of theory or hypothesis
2. Collecting data
3. Specifying the mathematical model of theory
4. Specifying the statistical, or econometric, model of theory
5. Estimating the parameters of the chosen econometric model
6. Checking for model adequacy: Model specification testing
7. Testing the hypothesis derived from the model
8. Using the model for prediction or forecasting
Econometrics is an Elective Paper which is Practical Subject. It combines economic theory with statistics to analyze and test economic relationships. Theoretical econometrics considers questions about the statistical properties of estimators and tests, while applied econometrics is concerned with the application of econometric methods to assess economic theories.
For any Further Help, do comment!!
Truly helpful in selecting an elective paper.
Thank You.