What is the condition of commerce graduates in IIMs, XLRI, FMS and other top b-schools? Are they competitive and successful?

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KV
Kashish Verma Posted On - Jun 14, 2021
PGDM from Indian Institute of Management Kashipur (2018)

Combining the most important aspects from reviews, the points below deeply illustrate the situations faced by those students in all kinds of management institutes, tier-1 to tier-3, in our country.

  • The first semester in a B-School is somewhat having a mixed difficulty for commerce graduates. In almost every B-School, Accounts is taught in the first semester. Most commerce graduates face no problem as it is their core subjects. The engineering graduates are seen to fumble even in accounts basics.
  • In the first semester, Analytics is a subject mostly quantitative in nature and uses all kinds of simulations and statistical software. Some students from commerce background have a fear for maths and simulations and are not comfortable with the use of computer in such tasks.
  • In the second semester, corporate finance is one of the most important subjects for placement, as most of the interview questions are asked from this part. It is simple but tricky at times and is considered to be the utmost base for students having finance specialization.
  • Operations is a subject in the second semester, which is a little boring. This also requires maths and simulations. It is a good subject but, not all students gain interest in this, and so, lose interest in the business.
  • In 2nd year, students are given choices to choose, on which their future depends.
  • The course of Financial Statement Analysis is a highly deceptive course. For students having a background in commerce, this subject is almost similar to equity research, which makes them revisit their graduation knowledge.

There is a harsh reality as evident from many reviews that commerce students are more successful in fundamental equity research and audio, and not in finance. The reason behind such irregularity is the lack of knowledge in quant and mathematical software simulation.

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