.png&w=1920&q=75)
B-COM in Accounting And Finance at AKSHARA COLLEGE OF ARTS, SCIENCE AND COMMERCE
Ranga Reddy, Telangana
.png&w=1920&q=75)
About the Specialization
What is Accounting and Finance at AKSHARA COLLEGE OF ARTS, SCIENCE AND COMMERCE Ranga Reddy?
This Accounting and Finance program at Akshara Degree College For Women focuses on equipping students with a robust understanding of financial principles, accounting standards, and economic decision-making crucial for the Indian business landscape. The curriculum is designed to foster analytical abilities and practical skills in financial reporting, taxation, investment, and risk management, preparing graduates for diverse roles in the burgeoning Indian economy. It emphasizes both theoretical foundations and practical applications.
Who Should Apply?
This program is ideal for fresh graduates from intermediate (10+2) with a strong aptitude for numbers and an interest in business finance. It also caters to individuals aspiring for entry-level roles in accounting firms, banks, corporate finance departments, or those planning to pursue professional certifications like CA, CS, or CMA in India. Students seeking a comprehensive understanding of financial markets and corporate financial management will find this program highly beneficial.
Why Choose This Course?
Graduates of this program can expect to pursue India-specific career paths such as Accountant, Financial Analyst, Tax Consultant, Auditor, Investment Banker, or roles in corporate finance. Entry-level salaries typically range from INR 2.5 Lakhs to 4.5 Lakhs per annum, with experienced professionals earning significantly more. The program aligns well with foundational requirements for professional certifications in finance and accounting, providing a strong base for continued professional growth within Indian companies.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals- (Semester 1-2)
Consistently practice financial accounting problems from textbooks and supplementary materials. Join peer study groups to clarify concepts and work through complex entries. Utilize online tutorials for topics like depreciation, BRS, and final accounts.
Tools & Resources
Textbooks, solved examples, online accounting tutorials (e.g., ICAI resources, YouTube channels), peer study groups
Career Connection
A strong foundation in accounting is critical for all finance roles. Proficiency here directly impacts performance in higher-level accounting, auditing, and taxation subjects, making you a competitive candidate for entry-level accounting positions.
Build Strong Quantitative Skills with Business Statistics- (Semester 1-3)
Focus on understanding statistical concepts like measures of central tendency, dispersion, correlation, and regression. Practice solving numerical problems rigorously. Utilize spreadsheet software like Microsoft Excel for data analysis and visualization from early semesters.
Tools & Resources
Business Statistics textbook, Excel tutorials, practice problem sets, Khan Academy for statistics basics
Career Connection
Quantitative skills are essential for financial analysis, risk assessment, and investment management. Early mastery prepares you for roles in financial modeling, data analytics, and research, which are highly valued in India''''s finance sector.
Enhance Communication and Computer Literacy- (Semester 1-2)
Actively participate in English language enhancement classes, practice presentations, and engage in group discussions. Simultaneously, gain hands-on experience with fundamental computer applications like MS Office (Word, Excel, PowerPoint) and basic internet usage, which are vital for daily business operations.
Tools & Resources
English language labs, public speaking clubs, online MS Office tutorials, basic coding platforms
Career Connection
Effective communication is paramount for professional interactions, client management, and team collaboration. Computer literacy ensures you can efficiently handle data, create reports, and adapt to modern office environments, increasing employability across all sectors in India.
Intermediate Stage
Engage with Industry through Internships/Mini-Projects- (Semester 3-5)
Seek out mini-internships or undertake small projects related to financial analysis, market research, or accounting practices during semester breaks. Leverage college placement cells or professional networks to identify opportunities with local businesses, startups, or CA firms.
Tools & Resources
LinkedIn, college career services, local business directories, industry networking events
Career Connection
Practical experience significantly boosts your resume for Indian recruiters. It provides exposure to real-world financial operations, helps in applying theoretical knowledge, and builds a professional network crucial for future placements and career growth.
Deep Dive into Corporate Accounting and Taxation- (Semester 3-5)
Go beyond textbook knowledge by studying recent amendments in company law and tax regulations (e.g., GST implications). Attend webinars by professional bodies like ICAI or tax consultants. Practice complex corporate accounting problems and tax computations.
Tools & Resources
ICAI publications, Income Tax Act, GST laws, business newspapers, financial news portals
Career Connection
Expertise in corporate accounting and taxation is highly sought after by Indian companies and accounting firms. This specialization prepares you for roles in corporate finance, taxation departments, auditing, and compliance, offering strong career stability.
Explore Financial Markets and Services- (Semester 4-5)
Follow financial news, read business magazines, and participate in stock market simulation games. Understand the workings of mutual funds, merchant banking, and capital markets. Consider taking certifications in financial market basics from NISM (National Institute of Securities Markets).
Tools & Resources
NISM certifications, Moneycontrol.com, Economic Times, virtual stock trading platforms
Career Connection
Understanding financial markets opens doors to careers in investment banking, equity research, portfolio management, and financial advisory roles. These areas offer dynamic career paths with significant growth potential in India''''s rapidly expanding financial sector.
Advanced Stage
Prepare for Professional Certifications- (Semester 6 onwards)
Begin focused preparation for professional certifications like CA (Chartered Accountant), CMA (Cost and Management Accountant), CS (Company Secretary), or relevant NISM modules. Utilize coaching, study materials, and mock tests specifically designed for these Indian professional exams.
Tools & Resources
ICAI, ICMAI, ICSI study materials, coaching institutes, online test series
Career Connection
Professional certifications are highly valued in India and significantly enhance employability and earning potential. They demonstrate advanced expertise and commitment to the field, making you eligible for specialized roles and leadership positions.
Develop Advanced Analytical and Software Skills- (Semester 5-6)
Master advanced Excel functions, learn Tally ERP, and get familiar with basic data analysis tools (e.g., R, Python, or specialized financial software). Work on capstone projects that involve real-world data analysis and financial modeling.
Tools & Resources
Advanced Excel courses, Tally ERP.9 tutorials, R/Python for beginners, financial modeling workshops
Career Connection
Advanced software and analytical skills are essential for modern finance roles in India. Proficiency in these tools allows you to perform complex financial analysis, generate insights, and automate tasks, positioning you for roles in fintech, business analytics, and corporate strategy.
Focus on Placement and Interview Readiness- (Semester 6)
Attend placement workshops, participate in mock interviews, and refine your resume and cover letter. Research potential employers, understand their business, and practice answering behavioral and technical questions relevant to accounting and finance roles in India. Network with alumni.
Tools & Resources
College placement cell, career counselors, online interview preparation platforms, alumni network, company websites
Career Connection
Being well-prepared for placements is crucial for securing your first job. A polished resume, strong interview skills, and industry knowledge directly lead to successful job offers in reputable Indian companies and financial institutions.
Program Structure and Curriculum
Eligibility:
- Intermediate (10+2) or equivalent examination recognized by Osmania University.
Duration: 3 years / 6 semesters
Credits: 148 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC 101 | Financial Accounting - I | Core | 4 | Introduction to Accounting, Accounting Process, Subsidiary Books, Bank Reconciliation Statement, Depreciation, Final Accounts of Sole Proprietorship |
| DSC 102 | Business Organization & Management | Core | 4 | Nature of Business, Forms of Business Organization, Functions of Management, Planning and Decision Making, Organizing and Staffing |
| DSC 103 | Business Economics | Core | 4 | Nature and Scope of Business Economics, Demand Analysis, Production and Cost Analysis, Market Structures, Pricing Practices |
| AECC-I | English | Ability Enhancement Compulsory Course | 2 | Grammar and Usage, Reading Comprehension, Writing Skills, Communication for Business, Vocabulary Building |
| AECC-II | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Ecosystems and Biodiversity, Environmental Pollution, Natural Resources Management, Social Issues and the Environment, Environmental Ethics |
| SEC-I | Computer Fundamentals | Skill Enhancement Course | 2 | Introduction to Computers, Hardware and Software Concepts, Operating Systems, Networking Basics, Internet Applications |
| GE-I | Entrepreneurship Development | Generic Elective | 2 | Concept of Entrepreneurship, Entrepreneurial Process, Business Plan Preparation, Sources of Finance, Government Support for SMEs |
| PROJ-I | Internship/Project/MOOCs | Practical/Project | 4 | Basic Project Management, Data Collection and Analysis, Report Writing, Presentation Skills, Industry Exposure |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC 201 | Financial Accounting - II | Core | 4 | Consignment Accounts, Joint Venture Accounts, Royalty Accounts, Hire Purchase Accounts, Installment Payment System, Departmental Accounts |
| DSC 202 | Business Law | Core | 4 | Indian Contract Act, Sale of Goods Act, Partnership Act, Negotiable Instruments Act, Consumer Protection Act |
| DSC 203 | Fundamentals of Information Technology | Core | 4 | Data Organization and File Systems, Database Management Systems, Spreadsheet Applications for Business, Presentation Software, E-commerce Concepts |
| AECC-III | English | Ability Enhancement Compulsory Course | 2 | Advanced Grammar, Business Correspondence, Report Writing, Interpersonal Communication, Public Speaking |
| AECC-IV | Indian Heritage and Culture | Ability Enhancement Compulsory Course | 2 | Ancient Indian Civilizations, Medieval Indian History, Art and Architecture of India, Indian Philosophies and Religions, Cultural Diversity of India |
| SEC-II | Communication Skills | Skill Enhancement Course | 2 | Verbal and Non-verbal Communication, Active Listening, Presentation Skills, Interview Techniques, Group Discussions |
| GE-II | Financial Literacy | Generic Elective | 2 | Personal Financial Planning, Banking Products and Services, Investment Basics, Insurance Fundamentals, Digital Financial Transactions |
| PROJ-II | Internship/Project/MOOCs | Practical/Project | 4 | Research Methodology, Data Analysis Techniques, Case Study Analysis, Collaboration Tools, Industry Best Practices |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC 301 | Advanced Accounting | Core | 4 | Insurance Claims Accounts, Partnership Accounts, Insolvency Accounts, Accounting for Amalgamation, Valuation of Goodwill and Shares |
| DSC 302 | Business Statistics | Core | 4 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Probability Distributions, Index Numbers |
| DSC 303 | Banking and Financial Systems | Core | 4 | Commercial Banks Functions, Central Banking (RBI), Money Market Instruments, Capital Market Instruments, Non-Banking Financial Companies (NBFCs) |
| AECC-V | English | Ability Enhancement Compulsory Course | 2 | Creative Writing, Critical Thinking, Debate and Discussion, Professional Etiquette, Interview Skills |
| SEC-III | Digital Marketing | Skill Enhancement Course | 2 | Introduction to Digital Marketing, SEO and SEM, Social Media Marketing, Email Marketing, Content Marketing |
| GE-III | Principles of Insurance | Generic Elective | 2 | Nature of Insurance, Types of Insurance, Life Insurance Principles, General Insurance Principles, IRDA and Regulations |
| PROJ-III | Internship/Project/MOOCs | Practical/Project | 6 | Industry-Specific Software, Data Visualization, Analytical Thinking, Teamwork and Collaboration, Ethics in Business |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC 401 | Corporate Accounting | Core | 4 | Accounting for Shares and Debentures, Redemption of Debentures, Final Accounts of Companies, Amalgamation and Reconstruction, Cash Flow Statements |
| DSC 402 | Financial Services | Core | 4 | Merchant Banking, Mutual Funds, Leasing and Hire Purchase, Venture Capital, Credit Rating |
| DSC 403 | Marketing Management | Core | 4 | Concept of Marketing, Marketing Mix (4Ps), Market Segmentation, Consumer Behavior, Product Life Cycle |
| AECC-VI | English | Ability Enhancement Compulsory Course | 2 | Advanced Report Writing, Professional Presentations, Negotiation Skills, Cross-cultural Communication, Resume and Cover Letter Writing |
| SEC-IV | Data Analytics | Skill Enhancement Course | 2 | Introduction to Data Analytics, Statistical Tools for Data Analysis, Data Cleaning and Preprocessing, Data Interpretation, Basic Excel for Analytics |
| GE-IV | Micro Finance | Generic Elective | 2 | Concept of Microfinance, Microfinance Institutions (MFIs), Microcredit and Savings, Impact of Microfinance, Challenges in Microfinance |
| PROJ-IV | Internship/Project/MOOCs | Practical/Project | 6 | Advanced Research Techniques, Statistical Software Usage, Presentation of Findings, Problem-Solving Skills, Ethical Considerations in Research |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC 501 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Methods of Costing (Job, Process, Contract) |
| DSC 502 | Income Tax - I | Core | 4 | Basic Concepts of Income Tax, Residential Status, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession |
| DSE-A | Investment Management | Discipline Specific Elective (Accounting & Finance) | 4 | Investment Avenues, Risk and Return Analysis, Security Valuation (Bonds, Stocks), Portfolio Management, Financial Market Instruments |
| DSE-B | Banking Theory and Practice | Discipline Specific Elective (Accounting & Finance) | 4 | Commercial Banking Operations, Credit Creation by Banks, Banking Sector Reforms in India, Digital Banking, Role of RBI |
| SEC-V | Tally | Skill Enhancement Course | 2 | Introduction to Tally ERP.9, Company Creation and Ledger Management, Voucher Entry and Inventory Management, Payroll in Tally, GST Compliances in Tally |
| GE-V | e-Commerce | Generic Elective | 2 | Introduction to E-Commerce, Business Models in E-Commerce, Payment Systems, E-security, Legal and Ethical Issues in E-Commerce |
| PROJ-V | Internship/Project/MOOCs | Practical/Project | 6 | Advanced Industry Project, Problem Identification and Solution, Budgeting and Resource Allocation, Mentorship and Networking, Career Portfolio Development |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC 601 | Management Accounting | Core | 4 | Introduction to Management Accounting, Financial Statement Analysis (Ratio, Fund Flow, Cash Flow), Working Capital Management, Budgetary Control, Standard Costing |
| DSC 602 | Income Tax - II & GST | Core | 4 | Capital Gains, Income from Other Sources, Clubbing of Income and Set-off/Carry Forward of Losses, Deductions from Gross Total Income, Introduction to GST (CGST, SGST, IGST) |
| DSE-C | International Finance | Discipline Specific Elective (Accounting & Finance) | 4 | International Financial System, Foreign Exchange Markets, Exchange Rate Mechanism, International Investment Decisions, International Financial Instruments |
| DSE-D | Financial Risk Management | Discipline Specific Elective (Accounting & Finance) | 4 | Introduction to Financial Risk, Market Risk Management, Credit Risk Management, Operational Risk Management, Derivatives for Hedging |
| SEC-VI | Business Ethics | Skill Enhancement Course | 2 | Foundations of Business Ethics, Ethical Dilemmas in Business, Corporate Governance, Corporate Social Responsibility, Ethics in Accounting and Finance |
| GE-VI | Entrepreneurial Finance | Generic Elective | 2 | Sources of Startup Capital, Venture Capital and Angel Investors, Financial Planning for Startups, Valuation of New Ventures, Exit Strategies for Entrepreneurs |
| PROJ-VI | Internship/Project/MOOCs | Practical/Project | 6 | Comprehensive Project Implementation, Final Project Report, Viva-voce Examination, Self-Directed Learning, Professional Development |
