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B-COM-HONS in Finance at Goenka College of Commerce and Business Administration
Kolkata, West Bengal
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About the Specialization
What is Finance at Goenka College of Commerce and Business Administration Kolkata?
This B.Com Hons Finance program at Goenka College of Commerce and Business Administration focuses on equipping students with a robust understanding of financial markets, instruments, and management principles. In the rapidly evolving Indian economy, a strong grasp of finance is crucial for business growth and individual wealth creation. This program integrates theoretical knowledge with practical applications, preparing graduates for diverse roles in India''''s dynamic financial sector.
Who Should Apply?
This program is ideal for high school graduates aspiring for a career in finance, banking, or investment. It caters to individuals with an analytical mindset, a keen interest in economic trends, and a desire to understand corporate financial strategies. It''''s suitable for those seeking a foundational degree to pursue further professional qualifications like CA, CS, CMA, or MBA in Finance, as well as freshers looking for entry-level positions in financial services.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India such as financial analysts, investment bankers, wealth managers, credit analysts, and roles in corporate finance departments. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience and advanced qualifications. The program aligns well with certifications like NISM and aims to build a strong base for professional growth in Indian companies, from startups to established financial institutions.
Student Success Practices
Foundation Stage
Build Strong Accounting Fundamentals- (Semester 1-2)
Dedicate significant time to understanding core accounting principles, journal entries, ledgers, and final accounts. This forms the bedrock for advanced finance topics. Attend all practical sessions and solve numerous problems from university-recommended textbooks.
Tools & Resources
Tally (for basic accounting software familiarity), ICSE/CBSE Class 11 & 12 Accountancy textbooks (for reinforcement), University recommended problem books
Career Connection
Essential for roles in financial analysis, auditing, and corporate accounting, ensuring a solid understanding of financial statements.
Develop Quantitative Skills Early- (Semester 1-2)
Focus on subjects like Business Economics and Business Statistics. Practice numerical problems regularly. Join peer study groups to clarify doubts and work through challenging concepts together, especially for economic and statistical applications.
Tools & Resources
Khan Academy for basic economics/maths, online quizzes and tutorials, university past papers for practice
Career Connection
Crucial for roles requiring data analysis, financial modeling, and understanding market trends in the finance industry.
Engage in Communication & Personality Development- (Semester 1-2)
Actively participate in English/MIL Communication classes and college clubs focused on public speaking, debates, or presentations. Strong communication skills are vital for professional success in any field, particularly in client-facing financial roles.
Tools & Resources
Toastmasters International (if available locally), college debating societies, online communication courses
Career Connection
Enhances interview performance, client interaction skills, and overall professional presence in the corporate world, leading to better job prospects.
Intermediate Stage
Explore Financial Markets and Instruments- (Semester 3-4)
Beyond textbooks, actively follow financial news (e.g., Economic Times, Business Standard) and understand market dynamics. Attend webinars on stock markets, mutual funds, and other investment avenues. Consider opening a demat account for practical exposure (under parental guidance if minor).
Tools & Resources
NSE India, BSE India websites, SEBI publications, moneycontrol.com, Zerodha Varsity
Career Connection
Prepares students for roles in broking, investment banking, portfolio management, and financial advisory by building real-world market awareness.
Master Income Tax & Corporate Accounting Applications- (Semester 3-4)
Focus on the practical application of income tax laws and corporate accounting standards. Solve case studies and use simulated tax software if available. Understand how companies prepare and present their financial reports to grasp real-world compliance.
Tools & Resources
ICAI publications (for accounting standards), Income Tax Department website, commercial tax software trials (e.g., Tally Prime)
Career Connection
Directly applicable to careers in taxation, corporate finance, accounting firms, and compliance roles within Indian businesses.
Pursue Skill-Based Certifications- (Semester 3-4)
Alongside academic studies, consider short-term certifications relevant to finance like NISM certifications for various market segments (Equity Derivatives, Mutual Funds). These add significant value to your profile and demonstrate specialized knowledge.
Tools & Resources
NISM online modules, authorized training partners for NISM, specific certifications for advanced Excel or data analysis
Career Connection
Demonstrates practical knowledge and commitment, making candidates more attractive to employers for entry-level finance roles in India.
Advanced Stage
Undertake Industry Internships & Projects- (Semester 5-6)
Actively seek out internships in banks, financial institutions, or corporate finance departments. Work on real-world projects, even if unpaid, to gain practical exposure. This is crucial for bridging the gap between theoretical knowledge and industry practices.
Tools & Resources
LinkedIn, Internshala, college placement cell contacts, networking events and industry seminars
Career Connection
Provides hands-on experience, builds a professional network, and significantly boosts resume for final placements, increasing employability.
Specialize through Electives & Advanced Topics- (Semester 5-6)
Leverage the Discipline Specific Electives (DSEs) to delve deeper into specific finance areas like Investments, Financial Markets, or Financial Reporting. Conduct independent research on current financial topics and present findings to faculty and peers.
Tools & Resources
Academic journals and financial publications, Bloomberg Terminal (if college provides access), financial news aggregators
Career Connection
Develops expertise in chosen sub-fields of finance, preparing for specialized roles and advanced studies like CFA or M.Com.
Prepare for Placements and Higher Education- (Semester 6)
Actively engage with the college placement cell. Practice aptitude tests, group discussions, and mock interviews. Simultaneously, research and apply for relevant postgraduate programs (e.g., MBA Finance, M.Com) or professional qualifications (e.g., CFA, FRM) if higher education is the goal.
Tools & Resources
Placement readiness workshops, online aptitude platforms (e.g., IndiaBix), career counseling services at college
Career Connection
Maximizes chances for securing desired employment or admission to top-tier postgraduate programs, setting the stage for a successful finance career in India.
Program Structure and Curriculum
Eligibility:
- 10+2 examination under the 10+2 system with at least 45% marks in aggregate with at least 45% marks in any of the subjects related to Business/Economics/Mathematics/Statistics/Accounting/Finance (from Goenka College official website)
Duration: 6 semesters / 3 years
Credits: 128 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 1.1 CHG | Financial Accounting - I | Core | 6 | Theoretical Framework of Accounting, Accounting Process, Final Accounts of Sole Proprietorship, Accounting for Non-Profit Organizations, Accounts from Incomplete Records |
| CC 1.2 CHG | Principles of Management | Core | 6 | Introduction to Management, Planning and Decision Making, Organizing and Staffing, Directing and Motivation, Controlling and Coordination |
| AECC 1.1 CHG | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Multidisciplinary Nature of Environmental Studies, Natural Resources and Ecosystems, Biodiversity and Conservation, Environmental Pollution and Management, Human Population and Environment |
| GE 1.1 | Business Economics | Generic Elective | 6 | Introduction to Economics and Basic Problems, Theory of Demand and Supply, Consumer Behavior (Utility and Indifference Curve), Production and Costs, Market Structures (Perfect Competition, Monopoly) |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 2.1 CHG | Financial Accounting - II | Core | 6 | Accounting for Hire Purchase and Installment, Departmental Accounts, Branch Accounts (Excluding Foreign Branches), Insolvency Accounts, Royalty Accounts |
| CC 2.2 CHG | Business Law | Core | 6 | The Indian Contract Act, 1872, The Sale of Goods Act, 1930, The Indian Partnership Act, 1932, The Negotiable Instruments Act, 1881, The Consumer Protection Act, 1986 |
| AECC 2.1 CHG | English Communication | Ability Enhancement Compulsory Course | 2 | Theory of Communication, Language and Communication Skills, Reading Comprehension, Formal Writing (Report, Article, Resume), Presentation Skills |
| GE 2.1 | Introductory Macroeconomics | Generic Elective | 6 | National Income Accounting, Determination of Output and Employment, Money and Banking, Inflation and Unemployment, Fiscal and Monetary Policy |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 3.1 CHG | Corporate Accounting | Core | 6 | Issue and Redemption of Shares, Issue and Redemption of Debentures, Final Accounts of Companies, Valuation of Goodwill and Shares, Accounting for Amalgamation |
| CC 3.2 CHG | Income Tax Law & Practice | Core | 6 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Heads of Income (Salary, House Property, PGBP), Capital Gains and Income from Other Sources, Deductions from Gross Total Income |
| CC 3.3 CHG | Indian Financial System | Core | 6 | Structure of Indian Financial System, Financial Markets (Money and Capital Market), Financial Institutions (Banks, NBFCs), Financial Instruments, Role of RBI and SEBI |
| SEC 3.1 | Entrepreneurship Development | Skill Enhancement Course | 2 | Concept of Entrepreneurship, Entrepreneurial Process, Project Identification and Formulation, Government Policies for Entrepreneurship, Institutional Support to Entrepreneurs |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 4.1 CHG | Cost Accounting | Core | 6 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Job, Batch and Contract Costing |
| CC 4.2 CHG | Auditing & Assurance | Core | 6 | Introduction to Auditing, Audit Planning and Internal Control, Vouching and Verification of Assets & Liabilities, Audit of Companies, Audit Report and Certificates |
| CC 4.3 CHG | Marketing Management | Core | 6 | Introduction to Marketing, Marketing Environment and Research, Consumer Behavior, Market Segmentation, Targeting, Positioning, Marketing Mix (Product, Price, Place, Promotion) |
| SEC 4.1 | Investment Analysis & Portfolio Management | Skill Enhancement Course | 2 | Investment Process and Avenues, Risk and Return Analysis, Security Valuation, Portfolio Theory and Construction, Portfolio Performance Evaluation |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 5.1 CHG | Financial Management | Core | 6 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Capital Structure Theories, Working Capital Management |
| CC 5.2 CHG | Banking and Insurance | Core | 6 | Indian Banking System, Commercial Banks and Central Banking, Financial Services by Banks, Fundamentals of Insurance, Life and General Insurance Products |
| DSE 5.1 | Fundamentals of Investment | Discipline Specific Elective - Finance | 6 | Investment Avenues and Goals, Securities Market Operations, Risk and Return Measurement, Equity Share Analysis, Debt Instruments Analysis |
| DSE 5.2 | International Business | Discipline Specific Elective - Finance | 6 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market, Balance of Payments, Global Economic Environment |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 6.1 CHG | Management Accounting | Core | 6 | Introduction to Management Accounting, Marginal Costing and Break-Even Analysis, Budgetary Control, Standard Costing and Variance Analysis, Fund Flow and Cash Flow Statements |
| CC 6.2 CHG | Business Statistics | Core | 6 | Measures of Central Tendency and Dispersion, Correlation and Regression Analysis, Probability and Probability Distributions, Index Numbers, Time Series Analysis |
| DSE 6.1 | Financial Markets & Institutions | Discipline Specific Elective - Finance | 6 | Money Market Instruments, Capital Market and Stock Exchanges, Financial Regulators (RBI, SEBI), Mutual Funds and Venture Capital, Derivatives Market |
| DSE 6.2 | Financial Reporting & Analysis | Discipline Specific Elective - Finance | 6 | Understanding Financial Statements, Ratio Analysis, Cash Flow Statement Analysis, Segment Reporting, Corporate Governance and Ethics |
