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B-COM in Professional Accounting at Ayya Nadar Janaki Ammal College
Virudhunagar, Tamil Nadu
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About the Specialization
What is Professional Accounting at Ayya Nadar Janaki Ammal College Virudhunagar?
This B.Com. Professional Accounting program at Ayya Nadar Janaki Ammal College focuses on developing a strong foundation in accounting principles, financial management, auditing, and taxation. With a curriculum aligned with industry standards, it prepares students for the dynamic Indian financial sector, emphasizing practical skills alongside theoretical knowledge to meet the growing demand for skilled accounting professionals and contribute to India''''s economic growth.
Who Should Apply?
This program is ideal for higher secondary graduates aspiring to careers in accounting, finance, and auditing. It also suits individuals seeking to build a robust professional base for pursuing certifications like CA, CMA, or CS, and those looking for entry-level roles in corporate finance departments, accounting firms, or as tax consultants in the Indian market, particularly in Tamil Nadu''''s industrial hubs.
Why Choose This Course?
Graduates of this program can expect to secure roles as accountants, auditors, tax consultants, and financial analysts in various Indian companies and public sector organizations. Starting salaries typically range from INR 2.5 to 4.5 lakhs annually for freshers, with significant growth potential as they gain experience. The curriculum also provides an excellent pathway for advanced studies and professional qualifications, aligning with the needs of India''''s evolving economy.
Student Success Practices
Foundation Stage
Build Strong Accounting Fundamentals- (Semester 1-2)
Focus rigorously on understanding the basic principles of Financial Accounting I & II, journal entries, ledger postings, and final accounts. Join study groups to discuss concepts and practice problems daily to ensure a robust foundation.
Tools & Resources
T.S. Grewal/M.C. Shukla textbooks, Online tutorials like Accounts Education, Basic accounting software demos
Career Connection
A solid foundation is crucial for all advanced accounting roles and forms the bedrock for competitive professional exams like CA/CMA in India.
Enhance Business Communication Skills- (Semester 1-2)
Actively participate in class discussions, give presentations, and practice drafting professional emails and reports as covered in Business Communication. Seek constructive feedback on written assignments to refine your professional communication abilities.
Tools & Resources
Online platforms like Coursera/edX for communication courses, Dale Carnegie books on public speaking, College communication workshops
Career Connection
Effective communication is vital for client interactions, team collaboration, and professional correspondence in any business or corporate environment.
Engage with Environmental and Ethical Studies- (Semester 1-2)
Understand the broader societal and environmental context of business operations through Environmental Studies and Value Education. Participate in college''''s NSS/NCC or eco-club activities to develop a sense of social responsibility and ethical conduct.
Tools & Resources
Local environmental organizations, College library resources on CSR, Community service programs
Career Connection
Develops a holistic perspective, crucial for ethical decision-making and understanding corporate social responsibility, increasingly valued in modern Indian businesses.
Intermediate Stage
Master Cost & Corporate Accounting Principles- (Semester 3-4)
Deep dive into Cost Accounting techniques and Corporate Accounting regulations, including company final accounts and valuation. Solve case studies and advanced problems to apply theoretical knowledge and prepare for practical challenges.
Tools & Resources
M.N. Arora for Cost Accounting, S.N. Maheshwari for Corporate Accounting, Professional accounting forums and online problem banks
Career Connection
These skills are directly applicable in roles as cost accountants, financial controllers, and internal auditors in manufacturing and corporate sectors across India.
Gain Practical Exposure in Banking & Finance- (Semester 3-4)
Seek short-term internships or volunteer opportunities at local banks or financial institutions during semester breaks. Attend guest lectures by banking professionals and consistently follow financial news to understand real-world applications.
Tools & Resources
RBI website for banking regulations, Business newspapers (Economic Times, Business Standard), Online financial news portals like Livemint
Career Connection
Provides real-world context for theoretical knowledge and opens doors to careers in retail banking, investment banking, and financial services in India.
Develop IT Proficiency for Business- (Semester 3-4)
Actively learn and practice using accounting software like Tally ERP, as well as advanced Excel functions for data analysis. Aim for certifications in basic computer applications relevant to commerce for enhanced employability.
Tools & Resources
Tally Education official courses, Online Excel tutorials (e.g., from Microsoft, Udemy), Local computer training institutes offering certifications
Career Connection
Essential for modern accounting and finance roles, enhancing efficiency and data management skills highly sought after by employers in Indian companies.
Advanced Stage
Specialize in Taxation & Financial Management- (Semester 5-6)
Focus intensely on Income Tax Laws, GST, and advanced Financial Management concepts. Work on practical tax calculation problems and financial modeling exercises to build specialist expertise. Consider enrolling in crash courses for professional exams.
Tools & Resources
Bare Acts for Income Tax and GST, ICSI/ICAI study material, Financial calculators, Investment simulation platforms
Career Connection
Prepares for specialist roles in tax advisory, financial planning, treasury management, and corporate finance within various Indian companies and consultancies.
Prepare for Professional Certifications & Placements- (Semester 5-6)
Start rigorous preparation for professional accounting certifications (e.g., CA Foundation, CMA Inter) or competitive exams. Attend campus placement workshops, mock interviews, and resume-building sessions offered by the college''''s placement cell.
Tools & Resources
Coaching institutes for CA/CMA, Online test series platforms, Placement cell resources, LinkedIn for networking
Career Connection
Directly translates to enhanced employability, higher starting salaries, and accelerated career growth in top accounting and finance firms in India.
Engage in Research and Project Work- (Semester 5-6)
Undertake a mini-project or research paper on a contemporary topic in professional accounting, finance, or auditing. This demonstrates analytical skills, independent thinking, and a deeper understanding of the subject, often with faculty guidance.
Tools & Resources
College library, academic databases (JSTOR, Google Scholar), Faculty mentors for topic selection and guidance, Industry reports and financial journals
Career Connection
Showcases initiative, problem-solving skills, and specialized knowledge, making you a more attractive candidate for research-oriented roles or advanced academic pursuits.
Program Structure and Curriculum
Eligibility:
- A candidate shall be eligible for admission to B.Com. (Professional Accounting) Degree course if he/she has passed the Higher Secondary Examination conducted by the Government of Tamil Nadu or an examination accepted as equivalent thereto by the Syndicate of Madurai Kamaraj University.
Duration: 3 Years (6 semesters)
Credits: 125 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
Semester 2
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CPYC31 | Advanced Accounting | Core | 5 | Partnership Accounts, Admission & Retirement of Partner, Death of a Partner, Dissolution of Partnership, Amalgamation of Firms |
| CPYC32 | Business Law | Core | 5 | Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Consumer Protection Act, Company Law Fundamentals |
| CPYC33 | Corporate Accounting I | Core | 4 | Shares & Debentures, Issue of Shares & Forfeiture, Re-issue of Forfeited Shares, Redemption of Preference Shares, Redemption of Debentures |
| CPYA31 | Marketing | Allied | 4 | Marketing Concepts & Environment, Product Life Cycle & Mix, Pricing Strategies, Channels of Distribution, Promotion Mix |
| CPYP31 | Professional Skills | Skill Based Elective | 2 | Office Management, Business Correspondence, Resume Writing, Interview Skills, Presentation Techniques |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CPYC41 | Cost Accounting | Core | 5 | Cost Concepts & Classification, Elements of Cost, Material Costing, Labour Costing, Overhead Costing |
| CPYC42 | Corporate Accounting II | Core | 5 | Final Accounts of Companies, Profit Prior to Incorporation, Valuation of Goodwill, Valuation of Shares, Amalgamation & Absorption |
| CPYC43 | Banking Theory Law & Practice | Core | 4 | Commercial Banks & Functions, Reserve Bank of India, Banking Regulation Act, Banker Customer Relationship, Lending Principles & Securities |
| CPYA41 | Business Statistics | Allied | 4 | Data Collection & Classification, Measures of Central Tendency, Measures of Dispersion, Correlation & Regression, Index Numbers |
| CPYP41 | Computer Application for Business | Skill Based Elective | 2 | MS-Office Suite (Word, Excel, PowerPoint), Internet & E-commerce Basics, Database Concepts, Spreadsheet Applications for Business, Data Analysis Tools |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CPYC51 | Management Accounting | Core | 5 | Management Accounting Concepts, Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement |
| CPYC52 | Principles of Auditing | Core | 5 | Auditing Concepts & Objectives, Types of Audit, Internal Control System, Vouching & Verification, Audit Report |
| CPYC53 | Indian Financial System | Core | 5 | Financial Markets Structure, Money Market Instruments, Capital Market Institutions, SEBI & Regulations, Role of Financial Institutions |
| CPYE51 | Indirect Taxes | Elective Course I | 5 | Introduction to GST, Levy & Collection of GST, Input Tax Credit, Time & Value of Supply, Customs Act Basics |
| CPYE52 | Financial Markets & Services | Elective Course II | 5 | Capital Markets Structure, Money Market Operations, Stock Exchanges, Mutual Funds, Investment Banking |
| CPYP51 | Entrepreneurship Development | Skill Based Elective | 2 | Entrepreneurship Concepts, Business Plan Preparation, Project Appraisal, Government Policies for SMEs, Challenges for Entrepreneurs |
