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BCOM in General at Greater Mawlai College
East Khasi Hills, Meghalaya
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About the Specialization
What is General at Greater Mawlai College East Khasi Hills?
This BCom program at Greater Mawlai College focuses on providing a comprehensive foundation in accounting, finance, business law, and economics. It equips students with essential commercial knowledge and practical skills crucial for the dynamic Indian business environment. The program aims to foster analytical thinking and decision-making capabilities relevant to various sectors.
Who Should Apply?
This program is ideal for fresh graduates from the 10+2 commerce stream seeking a solid entry into the business world. It also suits individuals from science or arts backgrounds looking to transition into a career in finance, accounting, or management. Aspiring entrepreneurs and those aiming for competitive examinations will also find the curriculum beneficial.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including roles as accountants, financial analysts, tax consultants, and business managers. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential. The foundational knowledge helps in pursuing professional certifications like CA, CS, CMA, and MBA.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals- (Semester 1-2)
Diligently grasp concepts from Financial Accounting and Business Law. Utilize textbooks, online tutorials, and practice exercises daily. Form study groups with peers to discuss complex topics and work through problems together, reinforcing understanding of core principles.
Tools & Resources
Textbooks, ICAI study material (for conceptual clarity), YouTube tutorials, accounting software demos
Career Connection
Strong fundamentals are crucial for all commerce careers, enabling accurate financial recording and legal compliance, which are entry-level job requirements.
Enhance Communication and IT Skills- (Semester 1-2)
Actively participate in English/MIL Communication classes and hone computer application skills. Practice formal writing, public speaking, and software like MS Office (Excel, Word, PowerPoint) regularly. Look for online courses to build a strong base in business communication and digital literacy.
Tools & Resources
Grammarly, Coursera/NPTEL courses on business communication, MS Office tutorials
Career Connection
Effective communication and proficiency in basic office software are universal requirements, enhancing employability and professional interaction in any business role.
Develop Economic Awareness- (Semester 1-2)
Beyond textbooks, follow economic news and current affairs relevant to India and globally. Read business newspapers, magazines, and reputable online sources. Understand how macroeconomic policies and microeconomic principles impact businesses and everyday life.
Tools & Resources
The Economic Times, Livemint, Business Standard, RBI publications, reputable financial news portals
Career Connection
A keen understanding of economic environments is vital for informed business decisions and provides a competitive edge in interviews and strategic roles.
Intermediate Stage
Apply Tax and Corporate Law Practically- (Semester 3-4)
Focus on practical application of Income Tax Law and Company Law. Solve case studies, prepare mock tax returns, and analyze corporate governance scenarios. Attend workshops or seminars on recent amendments in tax and company regulations.
Tools & Resources
Income Tax Act, Companies Act, tax calculation software (demo versions), legal databases (e.g., Manupatra for students)
Career Connection
Practical knowledge in these areas is highly valued by accounting firms, legal departments, and corporate finance roles, often leading to internships and entry-level positions.
Build Core Business Skillset- (Semester 3-4)
Deepen understanding of Cost Accounting and Auditing by analyzing real-world business reports and financial statements. Engage in group projects that require cost analysis, budgeting, and audit planning. Consider taking an online certification in a specific accounting software.
Tools & Resources
Annual reports of Indian companies, Tally ERP (certification/training), SAP FICO (introduction)
Career Connection
These skills are fundamental for roles in internal audit, cost control, financial reporting, and management accounting across industries.
Participate in Skill-Enhancement Activities- (Semester 3-4)
Actively participate in skill-enhancement courses like Computer Applications in Business and E-Commerce. Undertake small projects like creating a business plan or an e-commerce platform mock-up. Look for college-level business competitions or local hackathons.
Tools & Resources
Canva for presentations, basic website builders, local incubation centers/start-up forums
Career Connection
Developing these practical and digital skills enhances versatility and prepares students for roles in digital marketing, e-commerce operations, and IT-enabled business services.
Advanced Stage
Undertake Industry Internships- (Semester 5-6 (during breaks or alongside studies))
Seek out and complete internships in relevant fields like marketing, financial management, or HR. Apply theoretical knowledge to real-world challenges, build professional networks, and gain invaluable practical experience. Document your learning and achievements meticulously.
Tools & Resources
LinkedIn, Internshala, college placement cell, local business associations
Career Connection
Internships are often the gateway to full-time employment, providing direct industry exposure and making your resume highly attractive to potential employers.
Specialization-focused Skill Development- (Semester 5-6)
Based on interest in Marketing, Financial Management, HRM, or Management Accounting, pursue advanced online courses or certifications. For instance, digital marketing certifications or financial modeling courses. Develop a portfolio of projects related to your chosen area.
Tools & Resources
Google Analytics Academy, HubSpot Academy, NSE Academy, NISM certifications
Career Connection
Deepening skills in a specific domain leads to specialized roles, higher earning potential, and a clear career trajectory post-graduation in competitive Indian markets.
Intensive Placement and Career Planning- (Semester 6)
Actively engage with the college''''s placement cell for resume building, mock interviews, and group discussion practice. Network with alumni and industry professionals. Research target companies and prepare tailor-made applications to align with your career aspirations.
Tools & Resources
Placement cell resources, online interview platforms, professional networking events
Career Connection
This stage directly prepares you for successful placements, ensuring you are job-ready and confident in securing roles within India''''s diverse corporate landscape.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 examination or equivalent from a recognized Board/Council. (Based on typical NEHU affiliated college admission norms)
Duration: 3 years / 6 semesters
Credits: 80 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC 1 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Multidisciplinary Nature of Environmental Studies, Ecosystems, Natural Resources, Biodiversity and Conservation, Environmental Pollution, Human Population and Environment |
| CC 1 | Financial Accounting | Core Course | 6 | Theoretical Framework of Accounting, Accounting Process, Business Income, Accounting for Partnership Firms, Dissolution of Partnership Firm |
| GE 1 | Principles of Micro Economics | Generic Elective | 6 | Introduction to Economics, Theory of Consumer Behaviour, Theory of Production and Costs, Market Forms, Factor Pricing |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC 2 | English/MIL Communication | Ability Enhancement Compulsory Course | 2 | Theory of Communication, Reading Comprehension, Writing Skills, Grammar and Usage, Oral Communication |
| CC 2 | Business Law | Core Course | 6 | Indian Contract Act, 1872, Sales of Goods Act, 1930, Indian Partnership Act, 1932, Limited Liability Partnership Act, 2008, Negotiable Instruments Act, 1881 |
| GE 2 | Principles of Macro Economics | Generic Elective | 6 | Introduction to Macro Economics, National Income, Theory of Money, Inflation, Monetary and Fiscal Policy |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 3 | Company Law | Core Course | 6 | Introduction to Company Law, Company Management, Company Meetings, Winding Up of Companies, Producer Companies and NBFCs |
| CC 4 | Income-tax Law & Practice | Core Course | 6 | Basic Concepts of Income Tax, Residential Status and Tax Liability, Heads of Income (Salaries, House Property), Profits & Gains of Business or Profession, Capital Gains and Income from Other Sources, Deductions from Gross Total Income |
| SEC 1 | Computer Applications in Business | Skill Enhancement Course | 2 | Word Processing, Spreadsheets for Business, Presentations, Database Management Systems, Internet and E-commerce Basics |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 5 | Auditing and Corporate Governance | Core Course | 6 | Introduction to Auditing, Audit Planning and Control, Internal Control, Company Audit, Corporate Governance |
| CC 6 | Cost Accounting | Core Course | 6 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Methods of Costing (Job, Batch, Process) |
| SEC 2 | E-Commerce | Skill Enhancement Course | 2 | Introduction to E-Commerce, E-Payment Systems, E-Security, E-Marketing, Legal and Ethical Issues in E-Commerce |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE 1 | Principles of Marketing | Discipline Specific Elective | 6 | Introduction to Marketing, Product Decisions, Pricing Decisions, Promotion Decisions, Distribution Decisions |
| DSE 2 | Fundamentals of Financial Management | Discipline Specific Elective | 6 | Introduction to Financial Management, Time Value of Money, Capital Budgeting, Working Capital Management, Cost of Capital |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE 3 | Human Resource Management | Discipline Specific Elective | 6 | Introduction to HRM, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Management, Compensation Management |
| DSE 4 | Management Accounting | Discipline Specific Elective | 6 | Introduction to Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow and Cash Flow Statement, Budgetary Control, Standard Costing |
