.png&w=1920&q=75)
B-COM-HONS in Accounting at Chandigarh Business School of Administration
S.A.S. Nagar, Punjab
.png&w=1920&q=75)
About the Specialization
What is Accounting at Chandigarh Business School of Administration S.A.S. Nagar?
This Accounting specialization program at Chandigarh Business School of Administration focuses on developing core competencies in financial reporting, auditing, taxation, and cost management. It is designed to meet the growing demand for skilled accounting professionals in India''''s dynamic economy. The program emphasizes practical application and theoretical knowledge essential for navigating complex financial landscapes, preparing students for impactful careers in various sectors.
Who Should Apply?
This program is ideal for fresh graduates from 10+2 Commerce, Non-Medical or Medical streams seeking entry into the accounting and finance domain. It also caters to individuals aiming for a strong foundational understanding before pursuing professional certifications like CA, CS, or CMA in India. Aspiring accountants, financial analysts, and tax consultants will find the curriculum highly relevant.
Why Choose This Course?
Graduates of this program can expect promising career paths as auditors, tax consultants, financial analysts, or cost accountants in Indian companies and MNCs. Entry-level salaries typically range from INR 3-5 LPA, with experienced professionals earning significantly more. The program aligns well with the foundational requirements for various professional accounting certifications in India, enhancing growth trajectories.
Student Success Practices
Foundation Stage
Master Core Accounting Fundamentals- (Semester 1-2)
Diligently study Financial and Corporate Accounting principles. Utilize textbooks, online tutorials, and practice problems regularly. Form study groups to discuss complex topics and solve case studies from Indian accounting standards. Focus on building a strong base for future advanced courses.
Tools & Resources
ICAI study materials (for conceptual clarity), Tally ERP 9 for basic accounting software exposure, Peer study groups
Career Connection
A strong foundation in accounting is crucial for all roles. It helps pass initial interviews and excel in entry-level positions like accounts executive or junior auditor.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Pay close attention to Business Mathematics and Statistics. Practice problem-solving daily to enhance analytical capabilities. Utilize spreadsheet software like MS Excel to analyze data, which is a vital skill for financial analysis and reporting roles.
Tools & Resources
MS Excel for data analysis, Khan Academy for math refreshers, Business Statistics textbooks with practical examples
Career Connection
These skills are essential for financial modeling, data-driven decision-making, and understanding economic trends, leading to roles in financial analysis and business intelligence.
Engage in Early Industry Exploration- (Semester 1-2)
Attend introductory workshops or seminars on financial markets, banking, and e-commerce. Read financial news from Indian sources like The Economic Times or Business Standard to understand current industry trends and terminologies. This broadens your perspective on potential career paths.
Tools & Resources
The Economic Times, Business Standard, NISM certifications (introductory modules)
Career Connection
Early exposure helps in making informed career choices and demonstrating industry awareness during future interviews and internships.
Intermediate Stage
Gain Practical Exposure in Cost & Management Accounting- (Semester 3-4)
Seek opportunities for internships or short projects focusing on cost analysis, budgeting, and management reporting within local SMEs or manufacturing units. Apply theoretical knowledge of Cost Accounting and Management Accounting to real-world scenarios. Familiarize yourself with advanced features of Tally or similar ERP systems.
Tools & Resources
TallyPrime (advanced features), SAP FICO (conceptual understanding), Internship search platforms like Internshala
Career Connection
Practical experience in cost management is highly valued. It opens doors to roles like cost accountant, management trainee, or financial controller in manufacturing and service industries.
Master Taxation and Auditing Principles- (Semester 4-5)
Deep dive into Income Tax and GST laws, understanding their practical implications for businesses in India. Participate in workshops on filing tax returns or basic auditing procedures. Consider preparing for entry-level professional exams related to taxation or auditing.
Tools & Resources
Taxmann publications, ClearTax platform for understanding e-filing, Local CA firms for shadowing opportunities
Career Connection
Expertise in Indian taxation and auditing is a direct path to becoming a tax consultant, auditor, or compliance officer, positions with high demand in India.
Network and Participate in Competitions- (Semester 3-5)
Actively participate in college-level accounting and finance competitions, business quizzes, and case study challenges. Attend industry webinars and connect with professionals on platforms like LinkedIn. These activities hone problem-solving skills and expand your professional network.
Tools & Resources
LinkedIn for networking, College clubs for competitions, Financial modeling workshops
Career Connection
Networking can lead to mentorships and job opportunities, while competition participation showcases your skills and boosts your resume for future placements.
Advanced Stage
Undertake a Comprehensive Project/Internship- (Semester 5-6)
Secure a substantive internship (4-6 weeks) or a capstone project in your final year focusing on a specific area of accounting like forensic accounting, financial reporting, or advanced taxation. Aim to solve a real business problem, applying all acquired knowledge.
Tools & Resources
Company annual reports for analysis, Industry-specific software, Faculty guidance for project scope
Career Connection
A strong project or internship provides hands-on experience, a valuable portfolio piece, and often converts into pre-placement offers, directly impacting securing a job.
Prepare for Professional Certifications & Placements- (Semester 6)
Begin preparing for entrance exams of professional bodies like ICAI (CA Foundation), ICSI (CS Foundation), or ACCA (F-level papers) if aspiring for these. Simultaneously, focus on placement preparation: resume building, mock interviews, and aptitude tests tailored for finance and accounting roles.
Tools & Resources
Professional body study materials, Placement cell resources, Online mock interview platforms
Career Connection
Professional certifications enhance career prospects significantly, while targeted placement preparation maximizes chances of securing desirable roles with top employers in India.
Develop Advanced Soft Skills and Communication- (Semester 5-6)
Refine communication, presentation, and teamwork skills through workshops, public speaking opportunities, and group projects. These interpersonal skills are as crucial as technical knowledge for career growth and leadership roles in the Indian corporate environment.
Tools & Resources
Toastmasters International (local chapters), Business communication courses, Presentation software (PowerPoint, Google Slides)
Career Connection
Strong soft skills differentiate candidates in competitive job markets and are vital for career progression, client management, and effective collaboration in teams.
Program Structure and Curriculum
Eligibility:
- 10+2 with Commerce / Non-Medical / Medical stream with minimum 50% marks (45% for SC/ST category) from a recognized board. As per IKGPTU norms.
Duration: 3 years (6 semesters)
Credits: 120 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM101-18 | Financial Accounting | Core | 4 | Accounting Principles, Recording Transactions, Trial Balance & Final Accounts, Depreciation Accounting, Consignment & Joint Venture Accounts |
| BCOM103-18 | Business Organization & Management | Core | 4 | Nature of Business, Forms of Business Organization, Principles of Management, Planning & Decision Making, Organizing & Staffing |
| BCOM105-18 | Micro Economics | Core | 4 | Consumer Behavior, Demand and Supply, Production Analysis, Market Structures, Factor Pricing |
| BCOM107-18 | Business Mathematics | Core | 4 | Matrices & Determinants, Calculus Fundamentals, Ratios & Proportions, Progressions (AP, GP), Financial Mathematics (Interest) |
| BCOM109-18 | Computer Fundamentals | Core | 4 | Computer Basics, Operating Systems, MS Office Suite, Internet & Email, Data Storage & Networks |
| BCOM111-18 | Environmental Studies | Compulsory Qualifying | 0 | Natural Resources, Ecosystems, Biodiversity, Pollution Control, Social Issues & Environment |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM102-18 | Corporate Accounting | Core | 4 | Share Capital Accounting, Debentures, Company Final Accounts, Liquidation of Companies, Amalgamation & Reconstruction |
| BCOM104-18 | Business Law | Core | 4 | Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Consumer Protection Act, Partnership Act |
| BCOM106-18 | Macro Economics | Core | 4 | National Income, Theory of Money, Inflation & Deflation, Fiscal Policy, Monetary Policy |
| BCOM108-18 | Business Statistics | Core | 4 | Data Collection & Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation & Regression, Time Series Analysis |
| BCOM110-18 | Computer Applications in Business | Core | 4 | Database Management (DBMS), Spreadsheet Software (Excel), Presentation Tools (PowerPoint), Accounting Software (Tally), E-banking & E-commerce concepts |
| BCOM112-18 | Punjabi / Basic Punjabi (MANDATORY) | Compulsory Qualifying | 0 | Punjabi Grammar, Literature & Culture, Translation & Composition, Basic Communication Skills, History of Punjabi Language |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM201-18 | Cost Accounting | Core | 4 | Cost Concepts & Classification, Material Costing, Labor Costing, Overheads, Job & Batch Costing, Process Costing |
| BCOM203-18 | Principles of Marketing | Core | 4 | Marketing Concepts, Market Segmentation, Product Life Cycle, Pricing Strategies, Promotion & Distribution Channels |
| BCOM205-18 | Indian Financial System | Core | 4 | Financial Markets (Money & Capital), Financial Institutions (RBI, Commercial Banks), Financial Instruments, SEBI & Regulations, Recent Reforms |
| BCOM207-18 | Company Law | Core | 4 | Companies Act 2013, Incorporation of Company, Memorandum & Articles, Directors & Meetings, Winding Up |
| BCOM209-18 | E-Commerce | Core | 4 | E-commerce Fundamentals, Business Models, Online Payment Systems, Security & Privacy, E-Marketing |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM202-18 | Management Accounting | Core | 4 | Management Accounting Concepts, Ratio Analysis, Fund Flow & Cash Flow Statements, Marginal Costing, Budgetary Control |
| BCOM204-18 | Auditing | Core | 4 | Auditing Principles, Internal Control, Vouching & Verification, Audit Report, Types of Audit |
| BCOM206-18 | Goods & Services Tax (GST) | Core | 4 | GST Introduction & Structure, Supply & Taxable Event, Input Tax Credit, Registration & Returns, Reverse Charge Mechanism |
| BCOM208-18 | Financial Management | Core | 4 | Financial Planning, Capital Budgeting, Working Capital Management, Cost of Capital, Leverage |
| BCOM210-18 | Quantitative Techniques for Business | Core | 4 | Operations Research Introduction, Linear Programming, Transportation & Assignment Problems, Network Analysis (PERT/CPM), Decision Theory |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM301-18 | Income Tax Law & Practice | Core | 4 | Basic Concepts of Income Tax, Heads of Income (Salary, House Property), Profits & Gains of Business/Profession, Capital Gains, Deductions & Tax Planning |
| BCOM303-18 | International Business | Core | 4 | Globalization & IB, Theories of International Trade, Balance of Payments, Foreign Exchange Market, International Organizations |
| BCOM305-18 | Entrepreneurship Development | Core | 4 | Concept of Entrepreneurship, Business Plan Formulation, Sources of Finance, Government Schemes for ED, Challenges for Entrepreneurs |
| BCOM307-18 | Research Methodology | Core | 4 | Research Design, Data Collection Methods, Sampling Techniques, Data Analysis & Interpretation, Report Writing |
| BCOM309-18 | Elective - I (e.g., Investment Management / Financial Markets & Services) | Elective | 4 | Investment Avenues, Risk & Return Analysis, Portfolio Management, Derivatives & Futures, Financial Services Overview |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM302-18 | Indirect Taxes | Core | 4 | Customs Act, Basic Concepts of Customs Duty, Valuation & Assessment, Export-Import Procedures, Special Economic Zones (SEZs) |
| BCOM304-18 | Banking & Insurance | Core | 4 | Commercial Banking, Central Banking (RBI), Types of Insurance, IRDAI Regulations, Recent Trends in Banking & Insurance |
| BCOM306-18 | Human Resource Management | Core | 4 | HRM Functions, Recruitment & Selection, Training & Development, Performance Appraisal, Employee Relations |
| BCOM308-18 | Project Work / Internship | Project | 4 | Project Identification, Data Collection & Analysis, Report Writing, Presentation Skills, Industry Exposure |
| BCOM310-18 | Elective - II (e.g., Financial Derivatives / Working Capital Management) | Elective | 4 | Futures & Forwards, Options Trading, Swaps, Management of Cash, Inventory & Receivables |
