.png&w=1920&q=75)
B-COM in Professional Accounting at Bishop Heber College
Tiruchirappalli, Tamil Nadu
.png&w=1920&q=75)
About the Specialization
What is Professional Accounting at Bishop Heber College Tiruchirappalli?
This B.Com Professional Accounting program at Bishop Heber College focuses on developing comprehensive expertise in accounting, taxation, auditing, and financial management. Designed to meet the evolving demands of the Indian financial sector, the program integrates theoretical knowledge with practical skills, preparing students for diverse roles in a rapidly growing economy. It distinguishes itself by its emphasis on industry-relevant curriculum and ethical practices, crucial for professionals in India.
Who Should Apply?
This program is ideal for higher secondary graduates passionate about a career in accounting, finance, or auditing. It suits individuals aiming for professional accounting certifications like CA, CMA, or ACCA in India. Working professionals seeking to formalize their accounting knowledge or career changers aspiring to enter the financial domain will also benefit from its structured approach and industry relevance. A strong aptitude for numbers and logical reasoning is beneficial.
Why Choose This Course?
Graduates of this program can expect to secure roles as accountants, auditors, tax consultants, financial analysts, or management trainees in various Indian industries. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential up to INR 8-15 lakhs with experience. The program aligns well with pathways to professional certifications, enhancing career trajectories in both public and private sector companies across India.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals- (Semester 1-2)
Thoroughly understand the core concepts of Financial Accounting, including debits, credits, journal entries, ledgers, and final accounts. Practice problem-solving daily to build a strong base. Attend all theory and practical sessions diligently and seek clarification for any doubts immediately.
Tools & Resources
Textbooks, Tally ERP 9 practice (basic entries), Khan Academy for concepts, Peer study groups
Career Connection
A strong foundation in accounting is critical for all future subjects and professional exams. It ensures accuracy and efficiency in entry-level accounting roles.
Enhance Business Communication Skills- (Semester 1-2)
Actively participate in group discussions, presentations, and mock interviews to improve verbal and non-verbal communication. Focus on effective written communication through assignments, emails, and report writing. Read business newspapers like The Economic Times or Business Standard regularly.
Tools & Resources
Toastmasters International (if available), Grammarly, LinkedIn Learning courses, College language labs
Career Connection
Effective communication is crucial for client interactions, team collaboration, and conveying financial information clearly in any accounting or finance role.
Develop Digital Literacy and Basic Spreadsheets- (Semester 1-2)
Gain proficiency in essential computer applications, especially MS-Excel for data handling and calculations. Learn shortcuts, basic formulas (SUM, AVERAGE, IF), and data sorting. This skill is introduced in later semesters but early adoption is beneficial.
Tools & Resources
MS Office Suite, Online Excel tutorials (e.g., from YouTube), College computer labs for practice
Career Connection
Most accounting and finance tasks involve spreadsheets. Early mastery makes advanced subjects easier and increases employability in data-driven roles.
Intermediate Stage
Deep Dive into Corporate and Cost Accounting- (Semester 3-4)
Focus on understanding the nuances of Corporate Accounting (amalgamation, liquidation) and Cost Accounting (material, labor, overheads, process costing). Solve a wide variety of problems, including previous year question papers, to build analytical and problem-solving skills.
Tools & Resources
Reference books like M.C. Shukla, S.P. Jain & K.L. Narang, Study guides for CA/CMA Foundation/Intermediate levels, Online forums for specific problem discussions
Career Connection
These subjects form the backbone of accounting careers, especially in manufacturing or corporate finance. Strong command here opens doors to roles in financial reporting and cost management.
Explore E-Commerce and Business Applications- (Semester 3-4)
Beyond theoretical understanding, explore practical aspects of e-commerce platforms and business software. Consider doing a small project on creating an e-commerce model or using Tally ERP for practical accounting entries. Attend workshops on accounting software usage.
Tools & Resources
Tally ERP 9 software, Basic website builders (Wix, Squarespace), Industry seminars/webinars
Career Connection
The digital transformation of business makes these skills essential. Proficiency in accounting software and understanding digital business models enhances employability.
Build a Professional Network- (Semester 3-4)
Attend industry-focused webinars, guest lectures by CAs, CMAs, and industry experts. Connect with alumni and professionals on platforms like LinkedIn. Participate in college business competitions or quizzes to interact with peers and faculty beyond coursework.
Tools & Resources
LinkedIn, Professional body events (ICAI, ICMAI student chapters), College career development cell
Career Connection
Networking provides insights into career paths, internship opportunities, and mentorship. It''''s vital for exploring future job prospects and professional growth in India.
Advanced Stage
Intensive Preparation for Income Tax and GST- (Semester 5-6)
Master the intricacies of Income Tax and Goods and Services Tax (GST) through extensive problem-solving and case studies. Stay updated with budget changes and amendments in tax laws. Consider pursuing an internship with a tax consultant or CA firm.
Tools & Resources
Taxmann publications, Income Tax Act and GST Act manuals, Online tax portals (e.g., ClearTax for tutorials), Tax calculation software demos
Career Connection
Taxation is a highly specialized and in-demand area in India. Expertise here leads to roles as tax consultants, compliance officers, and contributes significantly to business advising.
Gain Practical Auditing and Financial Analysis Experience- (Semester 5-6)
Seek internships in auditing firms or finance departments of companies to apply theoretical knowledge of auditing, financial statement analysis, and management accounting. Focus on understanding internal controls, vouching, and preparing audit reports. Work on small financial modeling projects.
Tools & Resources
Local CA firms for internships, Company annual reports for analysis, Excel for financial modeling
Career Connection
Practical experience is invaluable for placements. It demonstrates your ability to apply learned concepts in real-world scenarios, crucial for roles in auditing, financial reporting, and treasury.
Focus on Career Development & Certifications- (Semester 5-6)
Utilize the final semesters for focused placement preparation, including resume building, aptitude test practice, and mock interviews. Explore foundational certifications like NISM (for capital markets) or pursue entrance exam preparation for higher studies (M.Com, MBA) or professional qualifications (CA, CMA, ACCA).
Tools & Resources
College placement cell, Online aptitude test platforms, Coaching institutes for professional exams, NISM certification modules
Career Connection
Proactive career planning and relevant certifications significantly boost employability and set a clear path for professional advancement in the competitive Indian job market.
Program Structure and Curriculum
Eligibility:
- A pass in the Higher Secondary Examination conducted by the Government of Tamil Nadu or an examination accepted as equivalent thereto by the Syndicate of the Bharathidasan University.
Duration: 3 years / 6 semesters
Credits: 130 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23UTAM1T1 | Tamil / Arabic / French / Hindi | Part I Language | 3 | Tamil Ilakkiyam, Tamilar Panpadu, Tharkala Ilakkiyam, Nannul Ezhuthathikaram, Sirukathaiyum, Natakamum |
| 23UENG1L1 | English Language | Part II English | 3 | Communicative Grammar, Writing Skills, Speaking Skills, Reading Comprehension, Vocabulary Building |
| 23UCM1C1 | FINANCIAL ACCOUNTING – I | Core | 5 | Introduction to Accounting, Accounting Cycle, Bills of Exchange, Self-Balancing Ledgers, Depreciation, Errors Rectification |
| 23UCM1C2 | PRINCIPLES OF MARKETING | Core | 5 | Introduction to Marketing, Product Decisions, Pricing Decisions, Promotion Decisions, Channels of Distribution, Marketing Environment |
| 23UAC1A1 | ALLIED – I : FUNDAMENTALS OF ACCOUNTING | Allied | 4 | Accounting Principles, Final Accounts, Partnership Accounts, Company Accounts Introduction, Inflation Accounting |
| 23UCM1F1 | FOUNDATION COURSE – I : VALUE EDUCATION | Foundation | 2 | Introduction to Values, Ethics in Life, Human Rights, Professional Ethics, Environmental Ethics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23UTAM2T2 | Tamil / Arabic / French / Hindi | Part I Language | 3 | Sanga Ilakkiyam, Kappiaya Ilakkiyam, Bhakthi Ilakkiyam, Sithar Ilakkiyam, Payan Ilakkiyam |
| 23UENG2L2 | English Language | Part II English | 3 | Advanced Grammar, Official Correspondence, Creative Writing, Presentation Skills, Listening Skills |
| 23UCM2C3 | FINANCIAL ACCOUNTING – II | Core | 5 | Hire Purchase and Instalment System, Branch Accounts, Departmental Accounts, Insurance Claims, Royalty Accounts, Single Entry System |
| 23UCM2C4 | MODERN BANKING | Core | 5 | Banking System in India, Central Bank Functions, Commercial Banks, E-Banking and Digital Payments, Credit Cards and Debit Cards, Banking Reforms |
| 23UAC2A2 | ALLIED – II : BUSINESS COMMUNICATION | Allied | 4 | Communication Process, Types of Communication, Business Correspondence, Report Writing, Public Speaking, Meeting Management |
| 23UCM2F2 | FOUNDATION COURSE – II : ENVIRONMENTAL STUDIES | Foundation | 2 | Ecosystems, Biodiversity, Environmental Pollution, Natural Resources, Environmental Legislation, Climate Change |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23UCM3C5 | ADVANCED ACCOUNTING | Core | 5 | Amalgamation and Absorption of Companies, External Reconstruction, Liquidation of Companies, Underwriting of Shares, Valuation of Goodwill, Valuation of Shares |
| 23UCM3C6 | COMPANY LAW | Core | 5 | Introduction to Company Law, Incorporation of Companies, Memorandum and Articles of Association, Shares and Debentures, Management and Administration, Winding Up of Companies |
| 23UCM3E1 | ELECTIVE – I : ACCOUNTING FOR BUSINESS DECISIONS | Elective | 5 | Management Accounting Introduction, Marginal Costing, Budgetary Control, Standard Costing, Ratio Analysis, Fund Flow and Cash Flow Statements |
| 23UCM3S1 | SKILL BASED ELECTIVE COURSE – I : E-COMMERCE | Skill Based Elective | 3 | Introduction to E-commerce, E-commerce Business Models, E-Payment Systems, E-Security and Cyber Laws, E-Marketing, Mobile Commerce |
| 23UCM3N1 | NON-MAJOR ELECTIVE COURSE – I : CONSUMER RIGHTS | Non-Major Elective | 2 | Consumer Rights and Protection, Consumerism, Consumer Protection Act, Redressal Agencies, Consumer Movement in India |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23UCM4C7 | COST ACCOUNTING | Core | 5 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overheads, Process Costing, Reconciliation of Cost and Financial Accounts |
| 23UCM4C8 | CORPORATE ACCOUNTING | Core | 5 | Issue and Forfeiture of Shares, Issue and Redemption of Debentures, Accounting for Banking Companies, Accounting for Insurance Companies, Investment Accounts, Preparation of Company Final Accounts |
| 23UCM4E2 | ELECTIVE – II : ACCOUNTING FOR MANAGERIAL DECISIONS | Elective | 5 | Cost Volume Profit Analysis, Variance Analysis, Budgetary Control Techniques, Decision Making under Uncertainty, Responsibility Accounting, Performance Measurement |
| 23UCM4S2 | SKILL BASED ELECTIVE COURSE – II : COMPUTER APPLICATIONS IN BUSINESS | Skill Based Elective | 3 | Operating Systems, MS-Word for Business, MS-Excel for Data Analysis, MS-PowerPoint for Presentations, Database Management Systems, Internet and E-mail applications |
| 23UCM4N2 | NON-MAJOR ELECTIVE COURSE – II : INVESTMENT DECISIONS | Non-Major Elective | 2 | Introduction to Investments, Types of Investment Avenues, Risk and Return Analysis, Portfolio Management, Mutual Funds, Capital Market Instruments |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23UCM5C9 | ADVANCED CORPORATE ACCOUNTING | Core | 5 | Consolidated Financial Statements, Human Resource Accounting, Social Responsibility Accounting, Environmental Accounting, Forensic Accounting, Value Added Statement |
| 23UCM5C10 | INCOME TAX LAW AND PRACTICE | Core | 5 | Basic Concepts of Income Tax, Residential Status and Tax Liability, Income from Salary, Income from House Property, Profits and Gains of Business or Profession, Capital Gains and Other Sources, Deductions from Gross Total Income |
| 23UCM5C11 | AUDITING | Core | 5 | Introduction to Auditing, Internal Control System, Vouching and Verification, Audit of Limited Companies, Special Audits, Audit Report |
| 23UCM5E3 | ELECTIVE – III : QUANTITATIVE TECHNIQUES FOR BUSINESS | Elective | 5 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Probability Theory, Index Numbers and Time Series Analysis, Linear Programming |
| 23UCM5S3 | SKILL BASED ELECTIVE COURSE – III : ENTREPRENEURIAL DEVELOPMENT | Skill Based Elective | 3 | Concept of Entrepreneurship, Theories of Entrepreneurship, Small Scale Industries, Project Formulation and Appraisal, Institutional Finance for Entrepreneurs, Government Policies and Incentives |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 23UCM6C12 | GOODS AND SERVICES TAX (GST) | Core | 5 | Introduction to GST, Levy and Collection of GST, Time and Value of Supply, Input Tax Credit, Registration and Returns under GST, E-Way Bill |
| 23UCM6C13 | MANAGEMENT ACCOUNTING | Core | 5 | Introduction to Management Accounting, Cost Accounting vs Management Accounting, Marginal Costing for Decision Making, Budgetary Control, Standard Costing, Capital Budgeting Decisions |
| 23UCM6C14 | BUSINESS LAW | Core | 5 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Consumer Protection Act, 2019, Information Technology Act, 2000 |
| 23UCM6E4 | ELECTIVE – IV : CAPITAL MARKET OPERATIONS | Elective | 5 | Indian Financial System Overview, Primary Market Operations, Secondary Market Operations, Stock Exchanges in India, SEBI Regulations, Introduction to Derivatives |
| 23UCM6S4 | SKILL BASED ELECTIVE COURSE – IV : PROJECT WORK / FIELD STUDY | Skill Based Elective | 3 | Project Identification, Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Field Study Techniques |
