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BACHELOR-OF-COMMERCE in General at Govind Mohan National College
Ambala, Haryana
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About the Specialization
What is General at Govind Mohan National College Ambala?
This Bachelor of Commerce (General) program at Gandhi Memorial National College, Ambala, focuses on providing a comprehensive understanding of business, finance, accounting, and economics. It equips students with foundational knowledge crucial for various roles across the Indian commercial landscape. The curriculum is designed to be broad, covering essential aspects of commerce relevant to the diverse needs of the Indian economy and its rapidly growing sectors.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into accounting, banking, financial services, and general management roles within India. It also caters to aspiring entrepreneurs looking to build a strong theoretical and practical base for their ventures. Students with a strong aptitude for numbers, business operations, and economic principles, who aim for a versatile career in the corporate sector, will find this program highly beneficial.
Why Choose This Course?
Graduates of this program can expect promising career paths in India as accountants, financial analysts, tax consultants, bank officers, and marketing executives. Entry-level salaries typically range from INR 2.5 Lakhs to 4.5 Lakhs per annum, with significant growth potential up to INR 8-12 Lakhs for experienced professionals in mid-to-senior roles. The program aligns with certifications like CA, CS, and CMA foundation courses, offering a solid academic base for further professional studies.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals & Business Math- (Semester 1-2)
Dedicate consistent effort to understanding core accounting principles (Financial & Corporate Accounting) and business mathematics. Practice problem-solving daily. Form study groups to discuss complex topics and work through textbook exercises together, ensuring a strong base for advanced subjects.
Tools & Resources
NCERT Textbooks for Commerce, Taxmann''''s Accounting Solutions, Khan Academy for Math refreshers, Peer study groups
Career Connection
A strong foundation in these areas is crucial for roles in auditing, financial analysis, and competitive exams for banking, laying the groundwork for future professional success.
Enhance Communication & Digital Literacy- (Semester 1-2)
Actively participate in English communication classes and utilize digital literacy courses (Computer Applications, Cyber Security, Digital Marketing). Practice public speaking, written reports, and basic software skills. Seek opportunities to present in class or join college clubs focused on communication.
Tools & Resources
MS Office Suite, Grammarly, Online English language learning platforms (e.g., Coursera), College debate/presentation clubs
Career Connection
Effective communication and digital skills are non-negotiable for nearly every job in the Indian corporate sector, improving interview performance and workplace efficiency.
Develop Critical Thinking through Economic Studies- (Semester 1-2)
Engage deeply with Business Economics and Microeconomics concepts. Analyze current economic events in India and discuss their implications. Read business newspapers and economic journals to connect theoretical knowledge with real-world scenarios, fostering analytical abilities.
Tools & Resources
The Economic Times, Livemint, RBI publications, Economic survey of India reports
Career Connection
This builds analytical and problem-solving skills vital for roles in economic analysis, market research, and strategic business planning in Indian companies.
Intermediate Stage
Gain Practical Skills in Cost Accounting & GST- (Semester 3-4)
Focus on practical application in Cost Accounting and Goods & Services Tax (GST). Solve case studies, work on hypothetical business scenarios, and explore industry-specific costing methods. Attend workshops or webinars on GST compliance to understand its nuances in the Indian context.
Tools & Resources
Tally ERP 9, GST portal (official website), Industry case studies on costing, Local CA/Tax consultant workshops
Career Connection
Proficiency in these areas makes you highly employable for roles like cost accountant, tax consultant, or financial analyst in Indian manufacturing and service industries.
Explore Electives for Specialization & Early Exposure- (Semester 3-4)
Thoughtfully choose Skill Enhancement Courses (SEC) and Discipline Specific Electives (DSE) like Entrepreneurship Development, Digital Marketing, or Indian Financial System. Use these to explore potential career interests and gain introductory specialized knowledge. Consider short-term online courses related to your chosen elective.
Tools & Resources
NPTEL courses, Udemy/Coursera for specialized topics, Startup India initiatives, SEBI investor education resources
Career Connection
Early exposure to specialized fields helps in making informed career choices, enhancing your resume, and preparing for specific industry roles or higher studies.
Network and Attend Industry Guest Lectures- (Semester 3-4)
Actively attend guest lectures by industry professionals, alumni, and experts organized by the college. Engage in Q&A sessions, collect contact information (with permission), and build a professional network. Join college commerce societies to connect with peers and faculty.
Tools & Resources
LinkedIn, College alumni network events, Industry association meetings (if accessible), Commerce department events
Career Connection
Networking is crucial for internships and placements in India, providing insights, mentorship, and potential job leads within the competitive market.
Advanced Stage
Undertake a Comprehensive Research Project- (Semester 5-6)
For the Project Report & Viva-Voce in Semester 6, choose a relevant industry topic, conduct thorough research, and apply acquired knowledge. Focus on data analysis, critical interpretation, and professional report writing. Seek faculty mentorship rigorously for guidance.
Tools & Resources
SPSS/R for statistical analysis (basic), Academic databases (JSTOR, Google Scholar), Plagiarism checker tools
Career Connection
A well-executed project demonstrates research, analytical, and problem-solving skills, highly valued by employers for management trainee or analyst positions in India.
Prepare for Placements & Professional Exams- (Semester 5-6)
Dedicate time for placement preparation, including aptitude tests, group discussions, and mock interviews. Simultaneously, if pursuing, begin preparing for professional certifications like CA, CS, CMA, or NISM modules. Focus on strengthening both technical and soft skills.
Tools & Resources
Online aptitude test platforms, Mock interview sessions with career services, Study materials for professional exams (e.g., ICAI, ICSI), Job portals (Naukri, LinkedIn, Internshala)
Career Connection
Strategic preparation ensures you are job-ready for leading companies in India and equips you for successful entry into advanced professional qualifications.
Internship/Live Project Experience- (Semester 5-6)
Seek out relevant internships or live projects, particularly in Semester 5 breaks or alongside studies. Apply concepts learned in Financial Management, Marketing, or Income Tax in a practical setting. This hands-on experience in an Indian corporate environment is invaluable.
Tools & Resources
Internshala, College placement cell, Local businesses and startups, Direct applications to companies
Career Connection
Internships are often a direct gateway to full-time employment and provide practical exposure that significantly boosts your resume and employability in the Indian job market.
Program Structure and Curriculum
Eligibility:
- 10+2 with Commerce, Maths or Economics with 40% Marks from Board of School Education, Haryana or any other equivalent examination (as per GMN College website)
Duration: 3 years / 6 semesters
Credits: 144 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC-101 | Financial Accounting | Core Course | 4 | Introduction to Accounting, Accounting Process & Principles, Final Accounts, Partnership Accounts, Company Accounts |
| BC-102 | Business Economics | Core Course | 4 | Introduction to Business Economics, Demand Analysis & Elasticity, Production Analysis & Cost, Market Structures, Pricing Strategies |
| BC-103 | Business Mathematics | Core Course | 4 | Matrices and Determinants, Calculus Fundamentals, Financial Mathematics, Linear Programming, Set Theory and Relations |
| BC-104 | Business Organisation & Management | Core Course | 4 | Introduction to Business, Forms of Business Organization, Principles of Management, Planning & Decision Making, Organizing & Staffing |
| AECC-I | English Communication | Ability Enhancement Compulsory Course | 4 | Basics of Communication, Listening Skills, Speaking Skills, Reading Comprehension, Writing Skills |
| SEC-I | Cyber Security | Skill Enhancement Course | 4 | Fundamentals of Cyber Security, Cybercrime & Cyber Law, Security Threats & Vulnerabilities, Network Security, Data Security |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC-201 | Corporate Accounting | Core Course | 4 | Issue & Forfeiture of Shares, Redemption of Debentures, Amalgamation & Reconstruction, Valuation of Goodwill & Shares, Cash Flow Statement |
| BC-202 | Micro Economics | Core Course | 4 | Consumer Behaviour, Producer Behaviour, Cost and Revenue Analysis, Market Structures, Factor Pricing |
| BC-203 | Computer Applications in Business | Core Course | 4 | Introduction to Computers, Word Processing (MS Word), Spreadsheet Management (MS Excel), Presentation Tools (MS PowerPoint), Database Management (MS Access) |
| BC-204 | Business Statistics | Core Course | 4 | Measures of Central Tendency, Measures of Dispersion, Correlation & Regression, Index Numbers, Time Series Analysis |
| AECC-II | Environmental Studies | Ability Enhancement Compulsory Course | 4 | Multidisciplinary Nature of EVS, Natural Resources, Ecosystems, Biodiversity & Conservation, Environmental Pollution |
| SEC-II | Digital Marketing | Skill Enhancement Course | 4 | Introduction to Digital Marketing, SEO & SEM, Social Media Marketing, Content Marketing, Email Marketing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC-301 | Cost Accounting | Core Course | 4 | Introduction to Cost Accounting, Cost Concepts & Classification, Material Cost Control, Labour Cost Control, Overhead Costing |
| BC-302 | Macro Economics | Core Course | 4 | National Income Accounting, Theories of Employment, Money & Banking, Inflation & Deflation, Monetary & Fiscal Policy |
| BC-303 | Banking & Insurance | Core Course | 4 | Indian Banking System, Commercial Banks & RBI, E-Banking & Financial Inclusion, Principles of Insurance, Types of Insurance |
| BC-304 | Company Law | Core Course | 4 | Introduction to Company Law, Formation of a Company, Memorandum & Articles of Association, Shares & Debentures, Meetings & Resolutions |
| SEC-III (Any One) | E-Commerce / Training & Development | Skill Enhancement Course | 4 | E-commerce Basics & Models, E-payment Systems, Online Marketing, Training Process, Training Methods |
| BC-305 (DSE-1) | Principle of Marketing (Elective Option) | Discipline Specific Elective (Elective Group A) | 4 | Introduction to Marketing, Marketing Environment, Market Segmentation, Product & Pricing Decisions, Promotion & Distribution |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC-401 | Auditing & Corporate Governance | Core Course | 4 | Introduction to Auditing, Types of Audit, Audit Planning & Control, Internal Control System, Corporate Governance & Ethics |
| BC-402 | Indian Economy | Core Course | 4 | Basic Characteristics of Indian Economy, Agriculture & Industry in India, Indian Financial System, Poverty & Unemployment, Economic Reforms in India |
| BC-403 | Goods & Services Tax (GST) | Core Course | 4 | Introduction to GST, Levy & Collection of GST, Time & Value of Supply, Input Tax Credit, Returns & Refunds under GST |
| BC-404 | Human Resource Management | Core Course | 4 | Introduction to HRM, HR Planning & Recruitment, Selection & Placement, Performance Appraisal, Compensation & Employee Relations |
| SEC-IV (Any One) | Entrepreneurship Development / Data Analysis with Spreadsheets | Skill Enhancement Course | 4 | Concept of Entrepreneurship, Business Plan Preparation, Startup Ecosystem in India, Spreadsheet Functions for Data Analysis, Data Visualization in Excel |
| BC-405 (DSE-2) | Indian Financial System (Elective Option) | Discipline Specific Elective (Elective Group A) | 4 | Financial Markets & Institutions, Money Market, Capital Market, SEBI & Regulations, Financial Services in India |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC-501 | Management Accounting | Core Course | 4 | Introduction to Management Accounting, Ratio Analysis, Fund Flow Statement, Budgetary Control, Marginal Costing & Break-Even Analysis |
| BC-502 | Income Tax Law & Practice | Core Course | 4 | Basic Concepts of Income Tax, Residential Status & Tax Incidence, Income from Salaries, Income from House Property, Profit & Gains of Business/Profession |
| BC-503 | Financial Management | Core Course | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting Decisions, Cost of Capital, Working Capital Management |
| DSE-3 (Any One) | Investment Banking & Financial Services / Consumer Affairs & Customer Care | Discipline Specific Elective | 4 | Investment Banking Overview, Merchant Banking, Mutual Funds, Consumer Protection Act, Consumer Rights & Responsibilities |
| DSE-4 (Any One) | International Business / Organizational Behaviour | Discipline Specific Elective | 4 | Theories of International Trade, Multinational Corporations, International Monetary System, Foundations of OB, Motivation & Leadership |
| BC-504 | Business Research Methods | Core Course | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis & Interpretation |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC-601 | Principles of Marketing | Core Course | 4 | Introduction to Marketing, Marketing Environment, Consumer Behaviour, Product & Pricing Decisions, Promotion & Distribution |
| BC-602 | Indirect Tax Law & Practice | Core Course | 4 | Customs Act, 1962, Customs Duty Calculation, Integrated Goods and Services Tax (IGST), Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST) |
| BC-603 | Investment Management | Core Course | 4 | Introduction to Investments, Risk & Return Analysis, Security Analysis, Portfolio Management, Mutual Funds & Derivatives |
| DSE-5 (Any One) | Fundamentals of Investment / Collective Bargaining & Negotiation Skills | Discipline Specific Elective | 4 | Investment Avenues, Share Market Operations, Fixed Income Securities, Collective Bargaining Process, Negotiation Strategies |
| DSE-6 (Any One) | GST & Custom Duty / Compensation Management | Discipline Specific Elective | 4 | GST Principles & Framework, Customs Duty Regulations, Valuation under GST & Customs, Compensation Strategy, Wage & Salary Administration |
| BC-604 | Project Report & Viva-Voce | Core Course | 4 | Research Problem Formulation, Literature Review, Methodology & Data Analysis, Report Writing & Presentation, Viva-Voce Examination |
