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THE DEPARTMENT OF COMMERCE

Established in 1971, Department of Commerce has been conducting M.Com. and M.Phil. (Commerce) and four full-time high-profile professional programmes: (i) Master of International Business (MIB) (ii) Master of Marketing Technology (MMT) (iii) Master of Finance & Control (MFC) and (iv)

Master of International Business (MIB): One of the serious pursuits in this direction of professional education began with the introduction of the P.G. Diploma in Export Marketing Management in 1991. The urge to change and strengthen resulted into the Diploma being upgraded in 1994 to a full-fledged post-graduate programme in International Business, popularly known as Master of International Business (MIB). The programme is expected to develop management skills necessary for international marketing and other forms of International Business.
Master of Marketing Technology (MMT): An innovative course namely MMT was introduced for the first time in any IndianUniversity in 1995. It has been developed specifically with a view to meet the growing demand for marketing professionals generated by increasing competitiveness in all spheres of business activities. It aims at preparing young executives for understanding the dynamics and accepting the challenges of the modern marketing.
Master of Finance and Control (MFC): This course has been designed to produce professionally trained young minds to match the changing demands of a finance manager in the wake of restructuring of the Indian economy. The emergence of new financial institutions and instruments, growing sophistication in financial transactions etc. have all made the task of a financial executive more demanding.

COURSE STRUCTURE

MASTER OF INTERNATIONAL BUSINESS


1st Semester
MIB 101 Business Policy & Strategic Management
MIB 102 Business Environment
MIB 103 Business Economics
MIB 104 Introduction to Accounting and Finance
MIB 105 Marketing Management
MIB 106 Foreign Trade Policy
MIB 107 Foreign Language-I
2nd Semester
MIB 201 Statistical Analysis
MIB 202 Global Business Environment
MIB 203 International Marketing Research
MIB 204 Management Accounting
MIB 205 International Marketing – I
MIB 206 Computer Applications in Business
MIB 207 Foreign Language-II

3rd Semester
MIB 301 Foreign Trade Procedures and Documentation
MIB 302 International Marketing – II
MIB 303 International Marketing Logistics
MIB 304 International Business Strategy
MIB 305 E-commerce
MIB 306 Summer Training Report*
4th Semester
MIB 401 Multinational Financial Management
MIB 402 Management Information System
MIB 403 Comparative International Management
MIB 404 Import-Export Management
MIB 405 International Business Laws
MIB 406 Project Report
One of the Foreign Language paper (French/German) must be cleared by the candidate as part of MIB programme.






MASTER OF FINANCE AND CONTROL


1st Semester
MFC 101 Management Concepts and Organizational Behaviour
MFC 102 Business Environment
MFC 103 Managerial Economics
MFC 104 Statistical Analysis
MFC 105 Financial Management
MFC 106 Introduction to Accounting

2nd Semester ­
MFC 201 Accounting for Managerial Decisions
MFC 202 Fundamentals of Computer Applications
MFC 203 Financial Institutions and Markets
MFC 204 Corporate Laws
MFC 205 Investment Management
MFC 206 Security Market Operations

3rd Semester
MFC 301 Fund Management of Banking and Insurance Companies
MFC 302 Marketing of Financial Services
MFC 303 Portfolio Management
MFC 304 Merchant Banking and Financial Services
MFC 305 Income Tax Law
MFC 306 Summer Training Report*

4th Semester
MFC 401 Project Planning and Control
MFC 402 Strategic Financial Management
MFC 403 Multinational Financial Management
MFC 404 Corporate Tax Planning
MFC 405 E-Commerce
MFC 406 Project Report

*Summer In-Company Training
After the second semester theory examinations, each student has to undergo summer training for six to eight weeks in one’s area of specialization as under :

MIB : In an approved export house, international business, or export promotion organization.
MMT : In the marketing division of a company in public or private sector, advertising agency, media research unit, or any other marketing service organization.
MFC : In a recognized stock exchange, investment and finance company, merchant bank, accounting and finance department of trading or manufacturing company, banking/ non-banking financial institution, or any reputed investment and portfolio consultancy concern.

After the completion of training, every student is required to submit a Summer Training Report with four weeks of completion of such training.




SCHEDULE OF ADMISSION
Application for admission to the programmes should carefully go through admission details in respect of the following and strictly comply with the same.

1. Schedule of Dates for Admission:
i) Last date for receipt of Application Form : June 12, 2009 upto 5.00 p.m.
ii) Date of Written Test : June 21, 2009
iii)Test Centre: Kurukshetra
iv) Time : 11.00 a.m. to 12.00 noon
2. Application Form:
Application Form is attached at the end of this prospectus. All entries therein must be completed legibly. Photographs and attested copies of certificates/ testimonials should be securely affixed /enclosed. All original certificates must be produced at the time of Counseling.
Candidates claiming reservation under Scheduled Caste will submit the certificate as per Annexure-II and Backward Class (Block ‘A’ & ‘B’) will submit the Certificate on the prescribed proforma as per Annexure-III and affidavit as per Annexure-IV, along with their Application Form.
The BC candidates (Block ‘A’ & ‘B’) for benefit of reservation shall also have to furnish an affidavit to the effect that he/she is not covered under the criteria of creamy layer as per Annexure-IV. The said affidavit shall be furnished by both father and mother of the candidate




ELIGIBILITY, INTAKE, AND SELECTION PROCEDURE


1. Eligibility for Admission:
The minimum qualification for admission to the First Semester of all the above said courses shall be as follows:

Bachelor's degree in any discipline from the Kurukshetra University, or any other examination recognised by this University equivalent thereto, with at least 50% marks in the Bachelor's degree course.
OR

Pass certificate of final examination conducted by the Institute of Chartered Accountants of India or England/Institute of Cost and Works Accountants of India or England (eligible for MIB, MMT, MFC & MRLM only).

Note:
1. The eligibility condition for Scheduled Caste/Scheduled Tribe candidates shall be the minimum pass marks in the qualifying examination.
2. There shall be no rounding-of percentage of marks from 49.5 & above to 50.
3. Candidates, who have appeared in the final year of the Bachelor's Degree examination in April/May 2009, can also apply. In such cases, selection will be provisional subject to production of proof of fulfilment of eligibility requirements at the time of counseling. In the event of this requirement being not met by the due date, a candidate will have no claim for admission under any circumstances.
4. 5% relaxation in eligibility condition will be given to the blind /Physically and visually handicapped candidates.
5. Foreign students, if admitted, will have to produce No Objection Certificate from the Ministry of External Affairs and/or Ministry of Education, Govt. of India, irrespective of anything contained in any other Prospectus/Calendar published by this University.
A list of derecognised Boards/Universities and Fake Universities is given in this Prospectus. A candidate, who has passed any examination from such Boards/ Universities, shall not be eligible for admission.

2. Intake-Number of Seats
Course Seats
MIB 40
MMT 40 +1 additional seat in each course for MFC 40 Kashmiri Migrants.
MRLM (Self-financing Scheme) 40


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