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B-COM-HONS in Accounting at GITAM (Gandhi Institute of Technology and Management)

GITAM Hyderabad, established in 2009 as a vibrant campus of GITAM (Deemed to be University), is a premier multidisciplinary institution located in Telangana. Spread across 100 acres, it offers diverse UG, PG, and PhD programs across 6 prominent schools, fostering academic excellence and robust career outcomes.

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Sangareddy, Telangana

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About the Specialization

What is Accounting at GITAM (Gandhi Institute of Technology and Management) Sangareddy?

This Accounting specialization program at GITAM Hyderabad focuses on equipping students with a robust foundation in financial reporting, auditing, taxation, and strategic cost management. It is designed to meet the evolving demands of the Indian corporate sector, emphasizing practical application of accounting principles and global standards. The program integrates contemporary tools and techniques crucial for modern accounting practices, fostering analytical and problem-solving skills.

Who Should Apply?

This program is ideal for 10+2 graduates aspiring for a career in finance and accounting. It also caters to individuals keen on understanding the intricacies of corporate finance, taxation, and auditing in the Indian context. Students with a strong aptitude for numbers, logical reasoning, and an interest in business regulatory frameworks will find this specialization particularly rewarding, preparing them for diverse roles across industries.

Why Choose This Course?

Graduates of this program can expect diverse career paths such as Chartered Accountants (after pursuing CA), Financial Analysts, Tax Consultants, Auditors, and Management Accountants in India. Entry-level salaries typically range from INR 3-6 LPA, growing significantly with experience and additional certifications like CPA or CMA. The program aligns with professional body requirements, setting a strong base for future professional qualifications and leadership roles in Indian and multinational corporations.

OTHER SPECIALIZATIONS

Student Success Practices

Foundation Stage

Master Foundational Accounting Principles- (Semester 1-2)

Focus on thoroughly understanding core concepts of financial and corporate accounting, journal entries, ledger postings, trial balance, and preparation of financial statements. Utilize textbook examples, solve practical problems regularly, and attend all practical sessions.

Tools & Resources

Tally ERP (basic functions), Excel for simple ledgers, institute''''s digital library, study groups

Career Connection

A strong base in fundamentals is crucial for higher-level accounting, competitive exams (CA, CMA, ACCA), and entry-level accounting roles.

Develop Strong Business Communication Skills- (Semester 1-2)

Actively participate in English Communication and Soft Skills courses. Practice public speaking, professional email writing, and presentation skills through classroom activities and club events. Seek feedback on communication from faculty and peers.

Tools & Resources

Grammarly, LinkedIn Learning (for soft skills modules), debate clubs, Toastmasters International (if available)

Career Connection

Essential for interviews, client interaction, team collaboration, and professional growth in any business role.

Build Foundational Analytical Skills- (Semester 1-2)

Pay close attention to Business Economics and Business Statistics. Practice problem-solving, data interpretation, and basic statistical analysis. Use case studies to understand real-world business scenarios.

Tools & Resources

Khan Academy for economics and statistics concepts, Excel for data analysis, business newspapers (e.g., The Economic Times, Business Standard)

Career Connection

Develops critical thinking for financial analysis, market research, and strategic decision-making in later career stages.

Intermediate Stage

Gain Proficiency in Taxation and Costing- (Semester 3-4)

Dive deep into Income Tax, GST, and Cost Accounting. Solve numerous problems, understand legal provisions, and attend workshops on tax filing and cost management. Consider pursuing certification courses in Tally Prime with GST.

Tools & Resources

Official Income Tax India website, GSTN portal, Tally Prime software, ICAI study materials (for conceptual understanding)

Career Connection

Opens doors to roles as Tax Consultants, Cost Accountants, and internal auditors, highly in demand in India.

Pursue Early Industry Exposure (Internships/Projects)- (Semester 4-5)

Actively seek short-term internships or virtual projects related to accounting during semester breaks. Focus on understanding real-world financial processes, data entry, and basic auditing tasks. Engage in research methodology to prepare for project work.

Tools & Resources

LinkedIn, Internshala, college placement cell, faculty mentors, company annual reports

Career Connection

Provides practical experience, builds a professional network, and enhances resume for final placements.

Develop Advanced Software Skills- (Semester 4-5)

Beyond Tally, learn advanced Excel functions (pivot tables, VLOOKUP, macros) and explore basic accounting software used in industries. Understand how data is managed and reported digitally.

Tools & Resources

Microsoft Excel certifications, online courses on advanced Tally features, introductory courses to SAP FICO or QuickBooks

Career Connection

Increases employability in modern accounting departments and enhances efficiency in financial tasks.

Advanced Stage

Specialise and Certify in Advanced Accounting- (Semester 6-8)

Focus intently on Specialization Core courses like Advanced Corporate Accounting, Strategic Cost Management, IFRS, and Business Valuation. Prepare for professional certifications like CMA (USA), ACCA, or CA final levels alongside academics to gain an edge.

Tools & Resources

Professional body study materials, coaching institutes, online forums for exam preparation, dedicated study time

Career Connection

Essential for high-demand roles such as Financial Reporting Manager, Strategic Cost Analyst, IFRS Specialist, or Valuation Consultant.

Undertake Comprehensive Project Work and Internship- (Semester 7-8)

Execute a substantial project (6 credits) aligning with your specialization. Engage in a long-term internship (2 credits) to apply theoretical knowledge to complex real-world accounting challenges. Focus on data analysis, report writing, and presentation of findings.

Tools & Resources

Research databases (JSTOR, EBSCO), statistical software (SPSS if applicable), company financial reports, mentor guidance

Career Connection

Showcases analytical, research, and problem-solving skills to potential employers, critical for senior roles.

Network and Prepare for Placements/Higher Studies- (Semester 7-8)

Attend campus recruitment drives, mock interviews, and resume-building workshops. Network with alumni and industry professionals. Research target companies and roles. For higher studies, prepare for entrance exams like CAT/GMAT or specific professional body exams.

Tools & Resources

College placement cell, LinkedIn, professional events, career counselors, previous year question papers

Career Connection

Directly leads to successful placements in desired roles or admission to prestigious postgraduate programs.

Program Structure and Curriculum

Eligibility:

  • A pass in 10+2 with a minimum of 50% aggregate marks or equivalent grade from a recognized Board/Council.

Duration: 8 semesters (4 years)

Credits: 160 Credits

Assessment: Internal: 40%, External: 60%

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
21LSN101English CommunicationAbility Enhancement Course2Reading Skills, Writing Skills, Listening and Speaking, Grammar and Vocabulary, Professional Communication
21BCH101Financial AccountingCore4Accounting Concepts and Principles, Journal and Ledger, Trial Balance and Errors, Final Accounts of Sole Proprietors, Depreciation Accounting
21BCH103Business Organization and ManagementCore4Nature of Business, Forms of Business Organization, Functions of Management, Planning and Organizing, Staffing, Directing, and Controlling
21BCH105Business EconomicsCore4Microeconomics Concepts, Demand and Supply Analysis, Production and Cost Analysis, Market Structures and Pricing, Macroeconomic Indicators
21BSB101Business ComputingSkill Enhancement Course2Computer Fundamentals, Microsoft Word, Microsoft Excel, Microsoft PowerPoint, Internet and E-commerce Basics
21EVS101Environmental ScienceAbility Enhancement Course2Ecosystems and Biodiversity, Environmental Pollution, Natural Resources Management, Climate Change and Global Warming, Environmental Protection Acts

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
21BSB202Corporate AccountingCore4Accounting for Share Capital, Accounting for Debentures, Final Accounts of Companies, Amalgamation and Reconstruction, Holding Company Accounts
21BSB204Business StatisticsCore4Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Index Numbers
21BSB206Business LawCore4Indian Contract Act 1872, Sale of Goods Act 1930, Negotiable Instruments Act 1881, Companies Act 2013 (Basics), Consumer Protection Act 2019
Open Elective 1Open Elective2As per chosen elective
21BCH208Indian ConstitutionAbility Enhancement Course2Preamble and Fundamental Rights, Directive Principles of State Policy, Union and State Legislature, Judiciary and Emergency Provisions, Constitutional Amendments
21SDT291Soft Skills and Personality DevelopmentSkill Enhancement Course2Communication Skills, Interpersonal Skills, Time Management, Leadership and Teamwork, Etiquette and Professionalism

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
21BCH301Cost AccountingCore4Cost Concepts and Classifications, Material Costing, Labour Costing, Overhead Costing, Process Costing and Standard Costing
21BCH303Income Tax Law and PracticeCore4Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession
21BCH305Banking and InsuranceCore4Indian Banking System, Reserve Bank of India, Commercial Banks and Services, Principles of Insurance, Life Insurance and General Insurance
Open Elective 2Open Elective2As per chosen elective
21BCH307Fundamentals of EntrepreneurshipSkill Enhancement Course2Concept of Entrepreneurship, Business Idea Generation, Business Plan Preparation, Funding for Startups, Government Policies for Startups

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
21BCH402Management AccountingCore4Nature and Scope of Management Accounting, Fund Flow and Cash Flow Statements, Ratio Analysis, Marginal Costing for Decision Making, Budgetary Control
21BCH404Goods and Service Tax (GST)Core4Introduction to GST, Levy and Collection of GST, Input Tax Credit, Registration and Accounts, GST Returns and Refunds
21BCH406Computerized Accounting SystemsSkill Enhancement Course2Introduction to Tally ERP, Company Creation and Ledgers, Voucher Entry and Financial Statements, Inventory Management in Tally, Payroll Accounting
21BCH408Research Methodology and Project WorkCore4Introduction to Research, Research Design and Hypothesis, Data Collection Methods, Sampling Techniques, Report Writing and Ethics
Open Elective 3Open Elective2As per chosen elective

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
21BCH501Financial ManagementCore4Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Capital Structure and Dividend Policy
21BCH503Auditing and Corporate GovernanceCore4Fundamentals of Auditing, Internal Control System, Audit Procedures and Techniques, Audit Report and Liabilities, Corporate Governance Principles
21BCH511Accounting for Business Decisions ISpecialization Core - Accounting4Financial Statement Analysis, Segment Reporting, Transfer Pricing, Performance Measurement, Responsibility Accounting
21BCH513Advanced Corporate AccountingSpecialization Core - Accounting4AS/Ind AS Application, Consolidated Financial Statements, Accounting for Mergers and Acquisitions, Valuation of Goodwill and Shares, Introduction to IFRS
Generic Elective 1Generic Elective2As per chosen elective

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
21BCH602International BusinessCore4Scope of International Business, Theories of International Trade, Foreign Exchange Market, International Financial Institutions, Multinational Corporations
21BCH612Accounting for Business Decisions IISpecialization Core - Accounting4Forensic Accounting Basics, Environmental Accounting, Human Resource Accounting, Value Added Statement, Sustainability Reporting
21BCH614Strategic Cost ManagementSpecialization Core - Accounting4Activity Based Costing (ABC), Target Costing, Life Cycle Costing, Throughput Accounting, Value Chain Analysis
Generic Elective 2Generic Elective2As per chosen elective
Project Work / Skill Enhancement CourseSEC / Project Work2Project Planning, Data Analysis, Report Writing, Skill Development

Semester 7

Subject CodeSubject NameSubject TypeCreditsKey Topics
21BCH701Financial Markets and InstitutionsCore4Money Market, Capital Market, SEBI and Stock Exchanges, Mutual Funds and ETFs, Banking and Non-Banking Financial Institutions
21BCH711Direct Tax PlanningSpecialization Core - Accounting4Tax Planning vs. Tax Evasion, Tax Planning for Individuals, Tax Planning for Companies, Tax Planning for HUF, Recent Amendments in Direct Taxes
21BCH713Financial Reporting and AnalysisSpecialization Core - Accounting4Framework of Financial Reporting, Components of Financial Statements, Segment Reporting, Interim Financial Reporting, Cash Flow Statement Analysis
Generic Elective 3Generic Elective2As per chosen elective
21BCH795InternshipSkill Enhancement Course2Practical Application of Accounting, Industry Best Practices, Report Writing on Internship Experience, Professional Networking, Skill Development in a Corporate Environment

Semester 8

Subject CodeSubject NameSubject TypeCreditsKey Topics
21BCH812International Financial Reporting Standards (IFRS)Specialization Core - Accounting4IFRS Framework, Convergence with Indian Accounting Standards (Ind AS), Presentation of Financial Statements (IAS 1), Revenue from Contracts with Customers (IFRS 15), Leases (IFRS 16)
21BCH814Business ValuationSpecialization Core - Accounting4Approaches to Valuation, Discounted Cash Flow (DCF) Method, Relative Valuation Multiples, Asset-Based Valuation, Valuation for Mergers & Acquisitions
21BCH891Project WorkCore6Problem Identification and Formulation, Literature Review, Research Methodology and Data Collection, Data Analysis and Interpretation, Report Writing and Presentation
Open Elective 4Open Elective2As per chosen elective
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