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B-COM in Accountancy Taxation at CHRIST (Deemed to be University)
Bengaluru, Karnataka
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About the Specialization
What is Accountancy & Taxation at CHRIST (Deemed to be University) Bengaluru?
This B.Com (Accountancy & Taxation) program at CHRIST (Deemed to be University) focuses on equipping students with in-depth knowledge and practical skills in financial accounting, corporate taxation, and auditing. It is designed to meet the growing demand for skilled professionals in India''''s dynamic finance and tax sectors. The curriculum integrates theoretical concepts with practical application, preparing students for diverse roles in the industry.
Who Should Apply?
This program is ideal for 10+2 commerce graduates aspiring for a career in accounting, taxation, auditing, and financial consulting. It also suits individuals seeking professional certifications like CA, CMA, or CS, providing a strong academic foundation. Students with a keen interest in finance, a knack for numbers, and an analytical mindset will find this specialization particularly rewarding and career-enhancing.
Why Choose This Course?
Graduates of this program can expect to pursue rewarding career paths as Tax Consultants, Accountants, Auditors, Financial Analysts, or even start their own practice in India. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. The program aligns well with requirements for professional examinations and opens doors to roles in Big 4 accounting firms, multinational corporations, and government agencies.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals- (Semester 1-2)
Dedicating ample time to understand the core principles of Financial Accounting I & II and Business Law is crucial. Focus on conceptual clarity and practice ledger entries, journalizing, and preparing final accounts. Utilize the college library resources and online tutorials for additional support.
Tools & Resources
Textbooks, Online accounting tutorials, Practice problem sets, Peer study groups
Career Connection
A strong grasp of fundamentals is the bedrock for all advanced accounting and taxation subjects, essential for any finance-related role or professional exam.
Enhance Business Communication- (Semester 1-2)
Actively participate in English language classes, focusing on improving written and oral communication. Practice report writing, presentations, and group discussions. Join college clubs like debate or public speaking to build confidence.
Tools & Resources
Grammar guides, Business communication textbooks, Toastmasters (if available locally), College language labs
Career Connection
Effective communication is paramount for client interaction, team collaboration, and presenting financial reports in professional accounting and taxation careers.
Develop Foundational Analytical Skills- (Semester 1-2)
Engage with subjects like Business Economics and Environmental Studies to foster critical thinking and analytical capabilities. Connect theoretical concepts to real-world scenarios and discuss current economic trends with peers and faculty.
Tools & Resources
Economic newspapers/magazines, Case studies, Current affairs discussions
Career Connection
Early development of analytical skills is vital for interpreting financial data, understanding market dynamics, and making informed business decisions in the future.
Intermediate Stage
Gain Proficiency in Accounting Software & Tools- (Semester 3-4)
Beyond theoretical subjects, actively learn and practice using accounting software like Tally.ERP 9 and MS Excel (advanced functions). Seek opportunities for basic data entry and analysis tasks, possibly through departmental projects or mini-internships.
Tools & Resources
Tally.ERP 9, Microsoft Excel (Advanced), Official software training modules, YouTube tutorials
Career Connection
Hands-on software proficiency is a non-negotiable skill for modern accountants and tax professionals, significantly boosting employability and efficiency.
Dive Deep into Income Tax Laws- (Semester 3-4)
Focus intensely on Income Tax Law & Practice I & II. Keep abreast of budget changes and amendments by referring to government notifications and financial news. Solve numerous practical problems related to tax computation and filing.
Tools & Resources
Income Tax Act bare act, Taxmann/Ahuja tax guides, Budget analysis reports, Online tax calculators
Career Connection
A strong command over Indian Income Tax laws is essential for roles in taxation, financial planning, and compliance, making you a valuable asset to employers.
Participate in Academic Competitions- (Semester 4-5)
Engage in inter-collegiate accounting, finance, or business quizzes and case study competitions. This helps in applying theoretical knowledge, improving problem-solving, and building a competitive spirit. Network with students from other institutions.
Tools & Resources
Previous year''''s competition questions, Business newspapers, Case study methodology guides
Career Connection
Participation enhances your resume, sharpens critical thinking, and prepares you for the high-pressure environment of professional finance roles and interviews.
Advanced Stage
Undertake Industry Internships- (Semester 5 (during breaks) - Semester 6)
Secure at least one substantive internship in an accounting firm, corporate finance department, or a tax consultancy. Apply theoretical knowledge to real-world tasks, understand professional work culture, and build a network of industry contacts.
Tools & Resources
College placement cell, LinkedIn, Naukri.com, Industry contacts
Career Connection
Internships are critical for practical exposure, skill validation, and often lead directly to pre-placement offers, accelerating your career launch.
Master GST and Advanced Tax Planning- (Semester 5-6)
Develop expertise in Goods and Services Tax (GST) and Advanced Tax Planning. Follow current tax news, attend webinars by tax professionals, and practice filing mock GST returns. Understand the implications of various tax planning strategies.
Tools & Resources
GST Act and Rules, Official CBIC website, Professional tax journals, Online GST software demos
Career Connection
Proficiency in GST and advanced tax planning makes you highly sought after in India''''s complex tax environment, opening doors to specialized advisory roles.
Prepare for Professional Certifications & Placements- (Semester 5-6)
Alongside academics, start preparing for professional certifications like CA, CMA, ACCA, or NISM modules. Actively participate in campus placement drives, refining your resume, interview skills, and group discussion techniques.
Tools & Resources
Coaching institutes, Mock interview sessions, Resume workshops, Company-specific preparation materials
Career Connection
Professional certifications provide a competitive edge, while targeted placement preparation maximizes your chances of securing a desirable job right after graduation, setting a strong career foundation.
Program Structure and Curriculum
Eligibility:
- 10+2 with Commerce or equivalent (Karnataka PUC, ISC, CBSE, or other equivalent boards), with a minimum of 60% marks in aggregate.
Duration: 6 semesters / 3 years
Credits: 140 Credits
Assessment: Internal: 50%, External: 50%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM121 | Financial Accounting I | Core | 4 | Conceptual Framework of Accounting, Accounting Process, Final Accounts of Sole Proprietorship, Consignment Accounts, Joint Venture Accounts |
| COM122 | Business Economics I | Core | 4 | Nature and Scope of Business Economics, Demand Analysis, Production and Cost Analysis, Market Structures, Pricing Practices |
| COM123 | Business and Corporate Law | Core | 4 | Indian Contract Act 1872, Sale of Goods Act 1930, Negotiable Instruments Act 1881, Companies Act 2013 - Incorporation, Companies Act 2013 - Management |
| COM124 | Language I (English) | Compulsory Language | 3 | English Grammar and Usage, Reading Comprehension, Business Communication Skills, Paragraph and Essay Writing, Literature and Prose |
| COM125 | Environmental Studies | AECC (Ability Enhancement Compulsory Course) | 2 | Ecosystems, Natural Resources, Biodiversity and its Conservation, Environmental Pollution, Social Issues and the Environment |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM221 | Financial Accounting II | Core | 4 | Departmental Accounts, Branch Accounts, Royalty Accounts, Hire Purchase and Installment Systems, Insolvency Accounts |
| COM222 | Business Economics II | Core | 4 | National Income Accounting, Theories of Employment and Income, Inflation, Monetary Policy, Fiscal Policy |
| COM223 | Principles of Marketing | Core | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Market Segmentation, Product, Price, Place, Promotion |
| COM224 | Language II (English) | Compulsory Language | 3 | Advanced Grammar and Usage, Report Writing, Presentation Skills, Critical Thinking and Analysis, Business Correspondence |
| COM225 | Indian Constitution | AECC (Ability Enhancement Compulsory Course) | 2 | Preamble and Fundamental Rights, Directive Principles of State Policy, Union and State Legislature, Judiciary in India, Emergency Provisions |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM321 | Advanced Accounting | Core | 4 | Partnership Accounts - Admission, Retirement, Death, Amalgamation of Firms, Accounting for Liquidation, Underwriting of Shares, Valuation of Goodwill and Shares |
| COM322 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Reconciliation of Cost and Financial Accounts |
| COM323 | Business Statistics | Core | 4 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers, Time Series Analysis |
| COM324 | Income Tax Law & Practice I | Specialization Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession (Basic) |
| COM325 | Computer Applications in Business | Skill Enhancement Course (SEC) | 2 | MS Excel for Business Data Analysis, Accounting Software (Tally/ERP basics), Database Management Systems (Introduction), Presentation Tools (PowerPoint), Internet and E-Commerce Applications |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM421 | Corporate Accounting | Core | 4 | Issue and Forfeiture of Shares, Issue and Redemption of Debentures, Final Accounts of Companies, Cash Flow Statement, Consolidated Financial Statements (Basics) |
| COM422 | Management Accounting | Core | 4 | Financial Statement Analysis, Fund Flow Statement, Ratio Analysis, Marginal Costing and Break-Even Analysis, Budgetary Control |
| COM423 | Auditing | Core | 4 | Introduction to Auditing, Internal Control System, Vouching and Verification, Company Audit, Audit Report |
| COM424 | Income Tax Law & Practice II | Specialization Core | 4 | Profits and Gains of Business or Profession (Advanced), Capital Gains, Income from Other Sources, Set-off and Carry Forward of Losses, Deductions from Gross Total Income |
| COM425 | Business Research Methods | Skill Enhancement Course (SEC) | 2 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Report Writing |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM521 | Goods and Services Tax (GST) | Specialization Core | 4 | Introduction to GST, Levy and Collection of GST, Time and Value of Supply, Input Tax Credit, GST Procedure and Returns |
| COM522 | Financial Management | Core | 4 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Leverage Analysis, Working Capital Management |
| COM523 | Indian Financial System | Core | 4 | Structure of Indian Financial System, Money Market, Capital Market, Financial Institutions, SEBI and its Role |
| COM524 | Advanced Tax Planning | Specialization Elective | 4 | Tax Planning Concepts, Tax Planning for Individuals, Tax Planning for Firms, Tax Planning for Companies, International Taxation (Introduction) |
| COM525 | Entrepreneurship Development | Generic Elective | 3 | Concept of Entrepreneurship, Identifying Business Opportunities, Business Plan Preparation, Sources of Finance for Startups, Government Support for SMEs |
| COM581 | Project Work I (Interim Report) | Project | 2 | Research Topic Identification, Literature Review, Methodology Design, Data Collection Planning, Interim Report Submission |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM621 | International Business | Core | 4 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market, International Financial Institutions, Global Business Environment |
| COM622 | Business Analytics for Commerce | Core | 4 | Introduction to Business Analytics, Data Visualization, Descriptive Analytics, Predictive Analytics (Basic Models), Data-driven Decision Making |
| COM623 | Strategic Management | Core | 4 | Concept of Strategy, Strategic Analysis, Strategic Formulation, Strategic Implementation, Strategic Control |
| COM624 | Ethics and Governance | Specialization Elective | 4 | Business Ethics, Corporate Governance Principles, Stakeholder Management, Corporate Social Responsibility, Regulatory Frameworks in India |
| COM681 | Project Work II (Final Report) | Project | 6 | Data Analysis and Interpretation, Findings and Conclusions, Recommendations, Final Report Writing, Viva-voce Presentation |
