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BCOM-HONS in Finance at Delhi College of Arts and Commerce
Delhi, Delhi
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About the Specialization
What is Finance at Delhi College of Arts and Commerce Delhi?
This B.Com Hons program at Delhi College of Arts and Commerce, affiliated with the University of Delhi, offers a comprehensive foundation in commerce with an opportunity to delve into Finance through elective choices. It focuses on equipping students with core financial knowledge, accounting principles, and economic understanding crucial for the dynamic Indian financial sector. The program’s design allows students to explore various aspects of finance, from financial markets to investment strategies, addressing the growing demand for skilled finance professionals in India.
Who Should Apply?
This program is ideal for fresh 10+2 graduates with a strong aptitude for numbers and an interest in the financial world, seeking entry into finance roles. It also suits individuals aspiring for higher education in finance (like MBA Finance, CA, CFA) or those aiming for careers in banking, investment, or corporate finance within India. Students with a background in Commerce or Science with Mathematics are well-suited, aiming for a robust foundation in financial principles.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as financial analysts, investment advisors, tax consultants, auditors, or banking professionals. Entry-level salaries typically range from INR 3-6 lakhs per annum, with significant growth potential with experience and further professional qualifications. The curriculum aligns with foundational knowledge required for professional certifications like CA, CS, and CFA, enhancing long-term career prospects in the Indian financial services sector.
Student Success Practices
Foundation Stage
Master Financial Accounting Fundamentals- (Semester 1-2)
Focus rigorously on understanding basic accounting principles, financial statements, and ledger entries. Actively solve problems from textbooks and previous year papers. Participate in accounting clubs or workshops if available, to solidify foundational knowledge and practical application skills.
Tools & Resources
Tally ERP (basic version), accounting software tutorials, NPTEL courses on financial accounting, online practice platforms
Career Connection
Strong accounting fundamentals are non-negotiable for any finance role, forming the base for financial analysis, auditing, and taxation, essential for entry-level finance positions.
Develop Analytical & Statistical Skills- (Semester 1-2)
Pay close attention to Business Statistics and Mathematics. Practice data interpretation, probability, and basic financial mathematics problems. Explore basic spreadsheet functions for data organization and analysis, which are crucial tools in financial decision-making.
Tools & Resources
Microsoft Excel (essential), Khan Academy for statistics basics, online tutorials for financial math
Career Connection
These skills are critical for market analysis, risk assessment, and quantitative finance roles, providing a competitive edge in India''''s data-driven financial industry.
Build Strong Communication & Professional Ethics- (Semester 1-2)
Actively participate in English Communication courses and develop clear written and verbal communication. Start reading financial news (e.g., Livemint, Economic Times) to build vocabulary and awareness. Understand professional ethics discussed in various courses, essential for integrity in the financial sector.
Tools & Resources
Business newspapers, Toastmasters International (if available), online courses on business communication
Career Connection
Effective communication is vital for client interactions, team collaboration, and presenting financial reports, enhancing employability in client-facing or advisory finance roles in India.
Intermediate Stage
Explore Financial Electives & Certifications- (Semester 3-5)
Start identifying and choosing finance-related Discipline Specific Electives (DSEs) such as Financial Markets, Investment Banking, or Fundamentals of Investment. Consider pursuing introductory online certifications in areas like NISM equity derivatives or mutual funds to gain practical, industry-recognized skills.
Tools & Resources
NISM certifications, Coursera/edX courses on financial modeling, basic stock market simulators
Career Connection
This builds specific domain knowledge, making you more attractive to employers in specialized finance areas and provides a head start on professional qualifications sought in the Indian market.
Gain Practical Exposure through Internships- (Semester 4-5 (Summer breaks))
Actively seek out and apply for internships in financial services firms, banks, or corporate finance departments during summer breaks. Even unpaid internships offer valuable real-world experience, networking opportunities, and a glimpse into the operational aspects of Indian finance.
Tools & Resources
College placement cell, LinkedIn, Internshala, company career pages
Career Connection
Internships bridge academic learning with practical application, build industry networks, and often lead to pre-placement offers or stronger full-time job prospects in India.
Develop Data Analytics & Software Proficiency- (Semester 3-5)
Enhance your skills in using spreadsheets for financial analysis, building models, and visualizing data. Learn basics of accounting software (e.g., Tally) and explore financial databases, crucial for handling large datasets in modern finance.
Tools & Resources
Advanced Excel functions, Tally ERP, Bloomberg Terminal (if available at college), online tutorials for data visualization
Career Connection
Proficiency in financial software and data analytics is highly valued in finance, enabling efficient data processing, reporting, and informed decision-making in Indian financial institutions.
Advanced Stage
Specialize in Advanced Finance Concepts- (Semester 6)
Deep dive into advanced finance topics through your DSE choices like Financial Management, Corporate Restructuring, or Financial Reporting and Analysis. Engage in case studies and project work focused on real-world financial problems relevant to the Indian economy, applying theoretical knowledge practically.
Tools & Resources
Financial newspapers/journals, industry reports, case study competitions, advanced financial modeling resources
Career Connection
Advanced knowledge allows you to apply for more specialized roles and demonstrates a commitment to a particular area of finance, significantly enhancing your employability for senior roles.
Rigorous Placement Preparation- (Semester 6)
Dedicate time to prepare for campus placements or off-campus job applications. Practice aptitude tests, group discussions, and mock interviews tailored to finance roles. Tailor your resume and cover letter to specific finance roles, highlighting relevant skills and internships.
Tools & Resources
Placement cells, career counsellors, online test platforms (e.g., Indiabix), interview preparation guides
Career Connection
This direct preparation maximizes your chances of securing a desirable job upon graduation in the competitive Indian job market, leading to successful career launch.
Network and Pursue Higher Education/Professional Certifications- (Semester 6 and beyond)
Attend industry seminars, webinars, and alumni meets to network with professionals and gain insights into career paths. Research and plan for post-graduation options like MBA (Finance), CFA, FRM, or M.Com, understanding their relevance and accreditation in the Indian context.
Tools & Resources
LinkedIn, industry association events, career guidance cells, university prospectus for higher studies
Career Connection
Networking opens doors to new opportunities, while advanced degrees or certifications are crucial for career progression and leadership roles in India''''s rapidly evolving financial sector.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 examination or equivalent with minimum 40% aggregate marks. Admission based on merit/CUET score as per University of Delhi norms.
Duration: 3 years (6 semesters)
Credits: 148 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOMC101 | Financial Accounting | Core | 4 | Theoretical Framework of Accounting, Accounting Process, Final Accounts, Accounting for Non-Profit Organisations, Partnership Accounts: Dissolution |
| BCOMC102 | Business Organisation and Management | Core | 4 | Introduction to Business Organisation, Evolution of Management Thought, Planning and Decision Making, Organising and Staffing, Directing and Controlling |
| AECC-1 | Environmental Studies | Ability Enhancement Compulsory Course | 4 | Introduction to Environmental Studies, Natural Resources, Ecosystems, Biodiversity and Conservation, Environmental Pollution |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOMC201 | Corporate Laws | Core | 4 | Introduction to Companies Act, 2013, Incorporation of a Company, Share Capital and Debentures, Management and Administration, Dividends and Accounts |
| BCOMC202 | Business Statistics | Core | 4 | Introduction to Statistics, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion and Skewness, Correlation and Regression Analysis |
| AECC-2 | English Communication | Ability Enhancement Compulsory Course | 4 | Theory of Communication, Reading Comprehension, Writing Skills, Listening and Speaking Skills, Grammar and Vocabulary |
| VAC-1 | Digital Empowerment | Value Addition Course | 2 | Digital Literacy, Online Safety and Privacy, Digital Tools for Communication, E-governance and Digital Services, Cybersecurity Basics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOMC301 | Income Tax Law and Practice | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Liability, Heads of Income (Salaries, House Property), Profits and Gains of Business or Profession, Capital Gains and Income from Other Sources |
| BCOMC302 | Human Resource Management | Core | 4 | Introduction to Human Resource Management, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Management and Compensation |
| BCOMC303 | Marketing Management and International Business | Core | 4 | Introduction to Marketing, Marketing Mix Strategies, Market Segmentation, Targeting, Positioning, Introduction to International Business, Global Business Environment |
| SEC-1 | E-commerce | Skill Enhancement Course | 2 | Introduction to E-commerce, E-commerce Business Models, E-payment Systems, E-security and E-customer Relationship Management, Legal and Ethical Issues in E-commerce |
| VAC-2 | Ethics and Values | Value Addition Course | 2 | Introduction to Ethics, Ethical Theories, Values and Virtues, Ethical Decision Making, Professional Ethics |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOMC401 | Business Mathematics | Core | 4 | Matrices and Determinants, Calculus (Differentiation and Integration), Financial Mathematics (Interest, Annuities), Linear Programming, Set Theory and Probability |
| BCOMC402 | Computer Applications in Business | Core | 4 | Word Processing (MS Word), Spreadsheet Applications (MS Excel), Presentation Tools (MS PowerPoint), Database Management Systems (MS Access), Business Analytics with Spreadsheets |
| BCOMC403 | Macroeconomics | Core | 4 | Introduction to Macroeconomics, National Income Accounting, Determination of Output and Employment, Money, Banking and Financial Markets, Inflation and Open Economy Macroeconomics |
| SEC-2 | Personal Financial Planning | Skill Enhancement Course | 2 | Introduction to Personal Finance, Budgeting and Cash Flow Management, Investment Planning, Insurance Planning, Retirement Planning |
| GE-1 | Principles of Microeconomics (from Economics Dept.) | Generic Elective | 4 | Introduction to Economics, Demand and Supply, Consumer Behaviour, Production and Cost, Market Structures |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOMC501 | Principles of Microeconomics | Core | 4 | Introduction to Microeconomics, Consumer Theory, Production Theory, Cost and Revenue Analysis, Market Structures |
| BCOMC502 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Cost Ascertainment (Material, Labour, Overheads), Methods of Costing (Job, Contract, Process), Marginal Costing, Budgetary Control |
| DSE-1.1 | Financial Markets and Institutions | Elective (Discipline Specific - Finance) | 4 | Indian Financial System, Money Market, Capital Market, Financial Intermediaries, Regulatory Bodies (SEBI, RBI) |
| DSE-1.2 | International Business | Elective (Discipline Specific - Finance related) | 4 | Introduction to International Business, Theories of International Trade, Modes of Entry into International Business, Global Trade Environment, Foreign Exchange Market |
| DSE-1.3 | Investment Banking and Financial Services | Elective (Discipline Specific - Finance) | 4 | Introduction to Investment Banking, Merchant Banking, Issue Management, Credit Rating, Leasing and Venture Capital |
| DSE-2.1 | Fundamentals of Investment | Elective (Discipline Specific - Finance) | 4 | Investment Environment, Risk and Return, Security Analysis (Fundamental & Technical), Portfolio Management, Mutual Funds |
| DSE-2.2 | Corporate Tax Planning | Elective (Discipline Specific - Finance related) | 4 | Tax Planning Concepts, Tax Planning for New Business, Tax Planning for Managerial Decisions, Tax Incentives, Tax Planning with reference to Financial Management Decisions |
| DSE-2.3 | Auditing and Corporate Governance | Elective (Discipline Specific - Finance related) | 4 | Introduction to Auditing, Internal Control, Audit of Different Entities, Corporate Governance Principles, SEBI Guidelines on Corporate Governance |
| GE-2 | Principles of Macroeconomics (from Economics Dept.) | Generic Elective | 4 | National Income Determination, Money, Banking and Inflation, Open Economy Macroeconomics, Business Cycles, Fiscal and Monetary Policy |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOMC601 | Financial Management | Core | 4 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Capital Structure and Dividend Decisions |
| BCOMC602 | Goods & Services Tax (GST) and Customs Law | Core | 4 | Introduction to GST, Levy and Collection of GST, Input Tax Credit, Registration and Returns, Customs Act, 1962 |
| DSE-3.1 | Management Accounting | Elective (Discipline Specific - Finance related) | 4 | Introduction to Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow and Cash Flow Statements, Budgeting and Standard Costing |
| DSE-3.2 | Banking and Insurance | Elective (Discipline Specific - Finance) | 4 | Indian Banking System, Commercial Banks and RBI, E-banking and Financial Inclusion, Principles of Insurance, Types of Insurance and IRDA |
| DSE-3.3 | Project Management | Elective (Discipline Specific - Finance related) | 4 | Introduction to Project Management, Project Appraisal, Project Planning and Execution, Project Monitoring and Control, Project Risk Management |
| DSE-4.1 | Corporate Restructuring | Elective (Discipline Specific - Finance) | 4 | Mergers and Acquisitions, Takeovers, Divestitures and De-mergers, Leveraged Buyouts (LBOs), Corporate Valuations |
| DSE-4.2 | Financial Reporting and Analysis | Elective (Discipline Specific - Finance) | 4 | Financial Reporting Standards (Ind AS), Analysis of Financial Statements, Ratio Analysis, Valuation Models, Equity Analysis |
| DSE-4.3 | Entrepreneurship | Elective (Discipline Specific - Finance related) | 4 | Introduction to Entrepreneurship, Entrepreneurial Process, Business Plan Preparation, Funding for Startups, Legal and Regulatory Aspects for Entrepreneurs |
| GE-3 | Statistical Methods for Economics (from Economics Dept.) | Generic Elective | 4 | Probability Theory, Random Variables and Probability Distributions, Sampling Methods, Hypothesis Testing, Regression Analysis |
