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BACHELOR-OF-COMMERCE in Accounting at B.S.S. Mahila Mahavidyalaya, Dhanbad
Dhanbad, Jharkhand
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About the Specialization
What is Accounting at B.S.S. Mahila Mahavidyalaya, Dhanbad Dhanbad?
This Accounting specialization program at B.S.S. Mahila Mahavidyalaya, affiliated with Binod Bihari Mahto Koylanchal University (BBMKU), is designed to provide a robust understanding of financial record-keeping, analysis, and statutory compliance. It''''s highly relevant in India''''s dynamic economy, where proficient accountants are crucial for business growth and financial integrity. The curriculum integrates traditional accounting principles with modern financial tools, preparing students for evolving industry demands.
Who Should Apply?
This program is ideal for 10+2 graduates, particularly from the Commerce stream, who possess a strong aptitude for numbers, logical reasoning, and an interest in financial management. It caters to aspiring professionals seeking entry into core accounting, auditing, and taxation roles across various sectors in India. Individuals aiming for a career as Chartered Accountants, Cost Accountants, or Company Secretaries will find this foundational degree invaluable.
Why Choose This Course?
Graduates of this program can pursue diverse career paths in India, including roles as Accountants, Auditors, Tax Consultants, Financial Analysts, and Management Trainees. Entry-level salaries typically range from INR 2.5 to 4.5 LPA, with experienced professionals earning INR 8-15+ LPA, especially with additional certifications like CA or CMA. The program provides a strong academic base for immediate employment or further postgraduate studies and professional qualifications.
Student Success Practices
Foundation Stage
Master Core Accounting & Economic Concepts- (Semester 1-2)
Dedicate significant effort to understanding fundamental principles of Financial Accounting and Business Economics. Regularly solve numerical problems, clarify doubts in tutorials, and use study groups to reinforce complex concepts. A strong base is critical for all future commerce subjects.
Tools & Resources
T.S. Grewal/D.K. Goel for Financial Accounting, NCERT Commerce textbooks (Class 11 & 12) for revision, Online platforms like Investopedia for economic definitions
Career Connection
Building a solid foundation in these core subjects is essential for excelling in advanced accounting topics and cracking professional entrance exams like CA-Foundation or various entry-level accounting positions.
Develop Essential Digital & Communication Skills- (Semester 1-2)
Actively engage with courses like Computer Application in Business and English Communication. Practice using MS Excel for basic data analysis, spreadsheet management, and report generation. Focus on enhancing written and verbal communication through presentations and formal document drafting.
Tools & Resources
Online tutorials for MS Excel and PowerPoint (e.g., YouTube, Microsoft Learn), Grammarly for improving written English, Participate in college debates or public speaking clubs
Career Connection
These skills are non-negotiable for modern workplaces in India, enabling efficient reporting, effective client communication, and overall workplace productivity.
Explore Basic Financial Literacy & Entrepreneurship- (Semester 1-2)
Utilize Multidisciplinary and Skill Enhancement courses like Financial Literacy & Banking and Entrepreneurship Development. Understand personal finance, investment basics, and the fundamentals of starting a business. Attend college workshops or local business seminars.
Tools & Resources
SEBI''''s investor education materials, Websites of public sector banks for understanding services, Government schemes for startups (e.g., Startup India portal)
Career Connection
Cultivates a business mindset and equips students with crucial personal financial management skills, which are vital for both career progression and individual financial well-being in India.
Intermediate Stage
Master Advanced Accounting & Legal Compliance- (Semester 3-5)
Deeply engage with subjects like Corporate Accounting, Cost Accounting, Income Tax, and Company Law. Regularly solve numerical problems, analyze case studies, and stay updated with amendments in Indian tax laws and corporate regulations. Form study groups to discuss complex legal provisions.
Tools & Resources
ICAI study materials for conceptual clarity, Taxmann publications for tax updates, Government websites (Income Tax Department, Ministry of Corporate Affairs)
Career Connection
Directly prepares for specialized roles in auditing, taxation, corporate secretarial practice, and financial reporting within Indian companies and professional firms.
Develop Strong Analytical & Business Acumen- (Semester 3-4)
Leverage Business Statistics and Business Mathematics courses to build robust analytical and problem-solving skills. Apply statistical tools to business data. Look for opportunities to participate in college-level data analysis projects or case competitions.
Tools & Resources
MS Excel for statistical analysis and data visualization, Online tutorials for advanced statistical concepts, Books on quantitative aptitude (e.g., R.S. Aggarwal)
Career Connection
Essential for roles requiring data-driven decision-making, market research, financial analysis, and strategic planning in diverse Indian industries.
Gain Practical Industry Exposure through Internships- (Semester 4-5 breaks)
Actively seek and undertake internships during semester breaks at local accounting firms, banks, or corporate finance departments. This provides invaluable hands-on experience, allows application of theoretical knowledge, and helps in building a professional network within the Indian business community.
Tools & Resources
College placement cell for internship leads, LinkedIn for professional networking, Local business directories and professional associations
Career Connection
Internships enhance your resume significantly, provide practical skills, and often lead to pre-placement offers or stronger prospects in the Indian job market.
Advanced Stage
Specialize and Certify in Finance & Taxation- (Semester 6-8)
Focus on advanced subjects like GST, Management Accounting, Financial Management, and Advanced Financial Accounting. Consider pursuing professional certifications like NISM for financial markets, or foundational levels of CA/CMA/CS to deepen specialization and enhance employability.
Tools & Resources
Institute of Cost Accountants of India (ICMAI) resources, NISM certification modules for specific market segments, Advanced Excel modeling courses for finance
Career Connection
These certifications and specialized knowledge significantly boost career prospects, leading to higher-paying roles in finance, taxation, and corporate management in India.
Undertake Rigorous Research and Project Work- (Semester 5-8)
Dedicate extensive effort to the Research Methodology and Dissertation/Project Work in the final semesters. Choose a relevant topic in accounting or finance, conduct thorough empirical research, and present findings professionally. This demonstrates advanced analytical and problem-solving capabilities.
Tools & Resources
Academic databases (JSTOR, Google Scholar, university library access), Statistical software (e.g., basic SPSS or R), Guidance from faculty mentors for research design
Career Connection
Develops critical thinking, independent research skills, and the ability to contribute to organizational strategy, highly valued in consulting and high-level corporate roles in India.
Intensive Placement & Career Planning- (Semester 6-8)
Begin rigorous preparation for campus placements, including aptitude tests, group discussions, and mock interviews. Actively network with alumni and industry professionals through college events. Refine your resume and cover letter, focusing on skills and experiences relevant to the Indian job market.
Tools & Resources
College placement cell resources and workshops, Online job portals (Naukri, LinkedIn, Freshersworld), Interview preparation guides and mock interview platforms
Career Connection
Ensures readiness for the competitive job market, maximizing opportunities for securing desirable positions in reputable Indian and multinational companies immediately after graduation.
Program Structure and Curriculum
Eligibility:
- 10+2 Pass in Commerce/Arts/Science Stream or equivalent from a recognized board.
Duration: 4 years / 8 semesters
Credits: 182 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-101 | Financial Accounting | Major Course | 6 | Theoretical Framework of Accounting, Accounting Process (Journal, Ledger, Trial Balance), Measurement of Business Income, Accounting for Depreciation, Reserves & Provisions, Valuation of Inventories, Final Accounts of Sole Proprietorship |
| COM-MiC-101 | Business Economics | Minor Course | 6 | Introduction to Microeconomics, Demand Analysis (Utility, Indifference Curve), Supply Analysis, Production and Cost Analysis, Market Structures (Perfect Competition, Monopoly) |
| MDC-101 | Financial Literacy & Banking | Multidisciplinary Course | 3 | Introduction to Financial Literacy, Basic Banking Concepts and Services, Digital Transactions and Payments, Fundamentals of Investment, Insurance Products and Concepts |
| AEC-101 | English Communication | Ability Enhancement Course | 2 | Basic English Grammar and Vocabulary, Reading Comprehension Skills, Business Communication Etiquette, Writing Formal Letters and Emails, Public Speaking and Presentation Skills |
| SEC-101 | Entrepreneurship Development | Skill Enhancement Course | 3 | Concept of Entrepreneurship, Identification of Business Opportunities, Developing a Business Plan, Funding for Startups, Government Support for Entrepreneurs |
| VAC-101 | Global Citizenship Education | Value Added Course | 2 | Understanding Global Issues, Human Rights and Social Justice, Sustainable Development Goals, Promoting Peace and Non-violence, Cultural Diversity and Inclusion |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-202 | Corporate Accounting | Major Course | 6 | Issue and Redemption of Shares and Debentures, Underwriting of Shares, Buy-Back of Shares, Accounting for Amalgamation, Liquidation of Companies, Valuation of Goodwill and Shares |
| COM-MiC-202 | Business Statistics | Minor Course | 6 | Data Collection, Classification and Tabulation, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis |
| MDC-202 | Computer Application in Business | Multidisciplinary Course | 3 | Introduction to Computers and Operating Systems, MS Word for Business Documents, MS Excel for Data Analysis and Spreadsheets, MS PowerPoint for Presentations, Internet and E-Commerce Basics |
| AEC-202 | Environmental Studies | Ability Enhancement Course | 2 | Natural Resources and Their Conservation, Ecosystems and Biodiversity, Environmental Pollution and Control, Climate Change and Global Warming, Environmental Ethics and Legislation |
| SEC-202 | Digital Marketing | Skill Enhancement Course | 3 | Introduction to Digital Marketing, Search Engine Optimization (SEO), Search Engine Marketing (SEM), Social Media Marketing, Email Marketing and Content Marketing |
| VAC-202 | Constitutional Values & Fundamental Duties | Value Added Course | 2 | Introduction to the Indian Constitution, Fundamental Rights of Citizens, Directive Principles of State Policy, Fundamental Duties of Citizens, Democratic Principles and Governance |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-303 | Cost Accounting | Major Course | 6 | Introduction to Cost Accounting Concepts, Elements of Cost (Material, Labor, Overheads), Cost Sheet Preparation, Process Costing, Job and Batch Costing, Standard Costing and Variance Analysis |
| COM-MC-304 | Company Law | Major Course | 6 | Introduction to Company Law, Types of Companies and Formation Procedures, Memorandum and Articles of Association, Shares, Share Capital, and Debentures, Management and Administration of Companies, Company Meetings and Winding Up |
| COM-MiC-303 | Marketing Management | Minor Course | 6 | Introduction to Marketing Concepts, Marketing Environment, Consumer Behavior and Market Segmentation, Product Life Cycle and Product Mix, Pricing Strategies and Channels of Distribution |
| SEC-303 | Office Management & Secretarial Practice | Skill Enhancement Course | 3 | Modern Office Organization and Layout, Record Management and Filing Systems, Business Correspondence and Communication, Role and Duties of a Company Secretary, Conducting Meetings and Writing Minutes |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-405 | Income Tax Law & Practice | Major Course | 6 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salary, Income from House Property, Profits & Gains of Business or Profession, Capital Gains and Income from Other Sources |
| COM-MC-406 | Auditing & Corporate Governance | Major Course | 6 | Introduction to Auditing, Audit Planning and Internal Control, Vouching and Verification of Assets & Liabilities, Company Audit and Auditor''''s Report, Introduction to Corporate Governance, Role of SEBI in Corporate Governance |
| COM-MiC-404 | Business Mathematics | Minor Course | 6 | Ratio, Proportion and Indices, Logarithms and Exponents, Matrices and Determinants, Set Theory and Venn Diagrams, Basic Calculus (Differentiation and Integration) |
| SEC-404 | E-Commerce | Skill Enhancement Course | 3 | Introduction to E-Commerce and its Models, E-Payment Systems and Digital Wallets, Website Planning and Design, E-Security and Privacy Issues, Legal and Ethical Aspects of E-Commerce |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-507 | Goods and Services Tax (GST) | Major Course | 6 | Introduction to GST Law in India, Levy and Collection of GST, Input Tax Credit Mechanism, Time and Value of Supply, Registration and Filing of Returns under GST |
| COM-MC-508 | Banking & Insurance | Major Course | 6 | Structure of Banking System in India, Commercial Banks and their Functions, Reserve Bank of India (RBI) and Monetary Policy, E-Banking and Digital Services, Principles of Insurance and Types of Policies |
| COM-MiC-505 | Human Resource Management | Minor Course | 6 | Introduction to HRM and its Functions, Human Resource Planning, Recruitment and Selection Process, Training and Development, Performance Appraisal and Compensation Management |
| COM-RM-501 | Research Methodology | Research Methodology | 6 | Introduction to Research and Research Design, Methods of Data Collection, Sampling Techniques, Data Analysis and Interpretation, Report Writing and Presentation |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-609 | Management Accounting | Major Course | 6 | Introduction to Management Accounting, Financial Statement Analysis (Ratio Analysis), Fund Flow and Cash Flow Statements, Budgeting and Budgetary Control, Marginal Costing for Decision Making |
| COM-MC-610 | Financial Management | Major Course | 6 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Capital Structure Theories, Dividend Policy Decisions |
| COM-MiC-606 | Indian Financial System | Minor Course | 6 | Structure of Indian Financial System, Financial Markets (Money Market, Capital Market), Financial Instruments, Financial Institutions (Banks, NBFCs, Mutual Funds), Regulatory Bodies (RBI, SEBI) |
| COM-RP-601 | Research Project/Dissertation | Research Project | 6 | Project Formulation and Objectives, Literature Review, Methodology and Data Collection, Analysis of Findings, Report Writing and Viva-Voce |
Semester 7
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-711 | Advanced Financial Accounting | Major Course | 6 | Indian Accounting Standards (Ind AS), Consolidated Financial Statements, Accounting for Foreign Currency Transactions, Human Resource Accounting, Social Responsibility Accounting |
| COM-MC-712 | Indirect Tax Laws | Major Course | 6 | Customs Act and Valuation, Central Excise Act (Relevant Provisions), Service Tax (Historical Context and Transition to GST), Dispute Resolution and Litigation Procedures, International Taxation Concepts |
| COM-MC-713 | International Business | Major Course | 6 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market and Operations, International Financial Institutions (IMF, World Bank), Entry Modes into International Business |
| COM-RP-702 | Research Project/Dissertation | Research Project | 6 | Advanced Research Design and Methodology, Statistical Tools for Research, Empirical Analysis and Interpretation, Academic Paper Writing and Presentation, Ethical Considerations in Research |
Semester 8
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM-MC-814 | Advanced Management Accounting | Major Course | 6 | Activity Based Costing (ABC), Target Costing and Life Cycle Costing, Transfer Pricing, Responsibility Accounting and Performance Measurement, Strategic Management Accounting |
| COM-MC-815 | Financial Markets & Instruments | Major Course | 6 | Capital Market and its Components, Money Market and its Instruments, Equity Shares and Debt Instruments, Derivatives (Futures, Options), Role of SEBI and Stock Exchanges |
| COM-MC-816 | Entrepreneurial Finance | Major Course | 6 | Sources of Startup Funding (Bootstrapping, Angel Investors), Venture Capital and Private Equity, Financial Planning for Startups, Valuation of New Ventures, Exit Strategies for Entrepreneurs |
| COM-RP-803 | Research Project/Dissertation | Research Project | 6 | In-depth Literature Review and Gap Identification, Advanced Data Collection and Analysis Techniques, Comprehensive Dissertation Writing, Defense of Research Findings (Viva-Voce), Contribution to Knowledge and Future Research Directions |
