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BCOM in Statistics at Gujarat Arts & Science College

Gujarat Arts and Commerce College (Evening), located in Ahmedabad, is a government institution established in 1992. Affiliated with Gujarat University, it offers sought-after UG and PG programs in Arts and Commerce, providing accessible evening education.

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Ahmedabad, Gujarat

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About the Specialization

What is Statistics at Gujarat Arts & Science College Ahmedabad?

This Statistics specialization program at Gujarat Arts and Commerce College (Evening) focuses on developing strong analytical and quantitative skills crucial for data-driven decision-making. Students delve into advanced statistical methods, probability theory, econometric modeling, and data analysis techniques. With India''''s rapidly expanding data science and analytics industry, this specialization equips students with the foundational knowledge to interpret complex business data, making them highly relevant for various sectors including finance, market research, and government planning.

Who Should Apply?

This program is ideal for fresh graduates with a strong aptitude for mathematics and analytical reasoning seeking entry into data analysis, business intelligence, or financial modeling roles. It also suits working professionals from commerce or economics backgrounds looking to transition into quantitative analysis. Individuals aspiring to pursue higher studies in data science, actuarial science, or quantitative finance will find the robust statistical foundation immensely beneficial.

Why Choose This Course?

Graduates of this program can expect promising career paths in India as Data Analysts, Business Intelligence Analysts, Market Research Analysts, Quantitative Analysts, or Financial Modelers. Entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning INR 8-15 lakhs or more. Growth trajectories often lead to roles like Lead Data Scientist or Analytics Manager in Indian and global companies, aligning with professional certifications like SAS or R programming expertise.

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Student Success Practices

Foundation Stage

Master Core Statistical Concepts- (Semester 1-2)

Dedicate time to thoroughly understand fundamental statistical concepts like measures of central tendency, dispersion, probability, and hypothesis testing. Strong foundational knowledge is critical for advanced topics. Form study groups to discuss challenging problems and clarify doubts regularly.

Tools & Resources

NCERT Mathematics books (Class 11 & 12), Khan Academy (Statistics), Introductory Statistics textbooks

Career Connection

A solid grasp of basics is essential for cracking entrance exams for higher studies or interviews for entry-level analytical roles.

Develop Proficiency in MS Excel for Data Handling- (Semester 1-2)

Even at the foundational stage, practice using MS Excel extensively for data organization, basic calculations, charting, and simple statistical functions. This practical skill is universally demanded in entry-level commerce and analytical jobs across India.

Tools & Resources

Microsoft Excel tutorials, Online Excel courses (e.g., from Udemy/Coursera), Practice with sample datasets

Career Connection

Excel proficiency is a prerequisite for most business analyst and data entry roles, providing a tangible skill for early placements.

Build Strong Communication Skills (English)- (Semester 1-2)

Engage actively in commercial communication classes, focusing on improving written and verbal English. Participate in presentations, group discussions, and mock interviews to enhance clarity, confidence, and articulation, which are vital for corporate environments in India.

Tools & Resources

Reading business newspapers (e.g., The Economic Times), Toastmasters International (if available locally), Online English grammar tools

Career Connection

Effective communication is paramount for interviews, client interaction, and team collaboration in any professional setting.

Intermediate Stage

Learn a Statistical Software Package (R/Python Basics)- (Semester 3-5)

Beyond theoretical knowledge, start exploring practical application using an industry-standard statistical software like R or Python. Focus on basic data manipulation, visualization, and implementing statistical tests learned in class. This hands-on experience differentiates candidates.

Tools & Resources

RStudio (for R), Anaconda (for Python), DataCamp/Coursera courses on R/Python for Data Science, Kaggle for practice datasets

Career Connection

Proficiency in statistical software is a core requirement for almost all data-related roles, opening doors to advanced analyst positions.

Undertake Mini-Projects and Case Studies- (Semester 3-5)

Apply statistical concepts to real-world business problems through mini-projects. Work on case studies related to market research, financial analysis, or economic trends. This helps bridge the gap between theory and practical business challenges, crucial for the Indian job market.

Tools & Resources

Harvard Business Review case studies, Local business magazines, Industry reports from NITI Aayog/RBI

Career Connection

Showcasing practical projects demonstrates problem-solving abilities and a business-oriented mindset to potential employers.

Participate in Quantitative Competitions- (Semester 3-5)

Engage in college-level or inter-college competitions focused on quantitative analysis, data interpretation, or business quizzes. This builds confidence, tests skills under pressure, and provides networking opportunities with peers and potential recruiters.

Tools & Resources

College analytics clubs, Online platforms like Analytics Vidhya, Local commerce festivals

Career Connection

Winning or participating actively in such events enhances your resume and provides talking points in interviews, indicating initiative and skill.

Advanced Stage

Complete an Industry Internship/Live Project- (Semester 5-6 (during breaks or part-time))

Secure an internship or work on a live industry project in a company (e.g., in finance, market research, or IT services) for 2-3 months. This provides invaluable practical exposure to data handling, analysis workflows, and corporate culture in India.

Tools & Resources

LinkedIn Jobs, Internshala, College placement cell

Career Connection

Internships are often a direct pathway to pre-placement offers and significantly boost employability by providing real-world experience.

Develop Advanced Data Visualization Skills- (Semester 5-6)

Learn to effectively communicate complex statistical findings through compelling data visualizations using tools like Tableau or Power BI. The ability to present insights clearly is highly valued in Indian analytics teams.

Tools & Resources

Tableau Public, Microsoft Power BI Desktop, Online tutorials from Coursera/edX

Career Connection

Strong visualization skills are critical for roles requiring stakeholder communication, such as business intelligence and consulting.

Focus on Placement Preparation & Networking- (Semester 6)

Actively prepare for campus placements or off-campus recruitment by practicing aptitude tests, technical interviews (Statistics, SQL), and HR rounds. Network with alumni and industry professionals through workshops and seminars to understand career paths and opportunities in India.

Tools & Resources

Aptitude test preparation books, Mock interview platforms, LinkedIn for professional networking

Career Connection

Targeted preparation significantly increases the chances of securing desired roles with reputable companies, leading to a successful career launch.

Program Structure and Curriculum

Eligibility:

  • A candidate for being eligible for admission to the B.Com. Degree course shall have passed 12th Standard Examination (H.S.C. 10+2 pattern) in any stream with English as one of the subjects conducted by the Gujarat Secondary and Higher Secondary Education Board or an equivalent examination recognized by the Gujarat University.

Duration: 3 years (6 semesters)

Credits: 120 (4 credits per subject x 5 subjects per semester x 6 semesters) Credits

Assessment: Internal: 30%, External: 70%

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
CC-101Financial Accounting - ICore4Introduction to Accounting, Accounting Principles and Standards, Final Accounts of Sole Proprietorship, Rectification of Errors, Accounting for Non-Profit Organizations
CC-102Business Economics - ICore4Introduction to Business Economics, Demand Analysis, Production and Cost Analysis, Market Structures, Pricing Strategies
CC-103Principles of ManagementCore4Nature and Scope of Management, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Management Theories
CC-104Commercial Communication - ICore4Fundamentals of Communication, Verbal and Non-Verbal Communication, Business Correspondence, Report Writing, Presentation Skills
FC-101Computer Application - IFoundation4Computer Fundamentals, Operating Systems, MS Word, MS Excel, Internet and E-mail

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
CC-201Financial Accounting - IICore4Partnership Accounts, Company Accounts, Issue of Shares and Debentures, Financial Statement Analysis, Investment Accounting
CC-202Business Economics - IICore4National Income, Monetary Policy, Fiscal Policy, International Trade, Economic Growth and Development
CC-203Marketing ManagementCore4Introduction to Marketing, Marketing Environment, Consumer Behavior, Marketing Mix, Sales and Distribution Management
CC-204Commercial Communication - IICore4Business Letters, Circulars and Notices, Resume Writing, Interview Skills, Group Discussion
FC-201Computer Application - IIFoundation4MS PowerPoint, Database Management Systems (DBMS), E-commerce, Cyber Security Basics, Introduction to Programming Concepts

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
CC-301Corporate Accounting - ICore4Introduction to Corporate Accounting, Company Final Accounts, Amalgamation and Reconstruction, Valuation of Shares, Accounting for Mergers and Acquisitions
CC-302Business Statistics - ICore4Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Probability Theory
CC-303Business Regulatory FrameworkCore4Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Consumer Protection Act, Companies Act (Basics)
CC-304Fundamentals of EntrepreneurshipCore4Concept of Entrepreneurship, Entrepreneurial Process, Business Idea Generation, Project Formulation, Funding for Startups
EC-301Advanced Statistics - IElective (Statistics)4Sampling Methods, Statistical Estimation, Hypothesis Testing (Large Samples), Non-Parametric Tests, Introduction to Statistical Software
EC-302Advanced Statistics - IIElective (Statistics)4Index Numbers, Time Series Analysis, Statistical Quality Control, Vital Statistics, Economic Statistics

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
CC-401Corporate Accounting - IICore4Consolidated Financial Statements, Human Resource Accounting, Environmental Accounting, Inflation Accounting, Financial Reporting Standards
CC-402Business Statistics - IICore4Probability Distributions (Binomial, Poisson, Normal), Sampling Distribution, Hypothesis Testing (Small Samples), Analysis of Variance (ANOVA), Design of Experiments
CC-403Income Tax Law & Practice - ICore4Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Deductions under Section 80C to 80U
CC-404Research MethodologyCore4Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation
EC-401Advanced Statistics - IIIElective (Statistics)4Multivariate Analysis (Introduction), Factor Analysis, Cluster Analysis, Discriminant Analysis, Regression Diagnostics
EC-402Advanced Statistics - IVElective (Statistics)4Demographic Methods, Life Table Construction, Population Projections, Statistical Inference in Health, Epidemiological Statistics

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
CC-501Cost Accounting - ICore4Introduction to Cost Accounting, Cost Concepts and Classification, Material Costing, Labor Costing, Overhead Costing
CC-502AuditingCore4Introduction to Auditing, Types of Audit, Audit Planning and Procedures, Vouching and Verification, Audit Report
CC-503Income Tax Law & Practice - IICore4Profits and Gains of Business or Profession, Capital Gains, Income from Other Sources, Set-off and Carry Forward of Losses, Assessment of Individuals
CC-504Indian Financial SystemCore4Structure of Indian Financial System, Financial Markets (Money and Capital), Financial Institutions, SEBI and RBI Regulations, Financial Services
EC-501Advanced Statistics - VElective (Statistics)4Operations Research (OR) Introduction, Linear Programming, Transportation Problem, Assignment Problem, Game Theory
EC-502Advanced Statistics - VIElective (Statistics)4Decision Theory, Queuing Theory, Simulation, Network Analysis (CPM/PERT), Inventory Control Models

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
CC-601Cost Accounting - IICore4Methods of Costing (Job, Batch, Contract), Process Costing, Standard Costing, Budgetary Control, Marginal Costing and Decision Making
CC-602Management AccountingCore4Introduction to Management Accounting, Financial Statement Analysis, Fund Flow Statement, Cash Flow Statement, Ratio Analysis
CC-603Goods and Service Tax (GST)Core4Introduction to GST, GST Council and Administration, Levy and Collection of GST, Input Tax Credit, GST Returns and Compliance
CC-604International BusinessCore4Nature and Scope of International Business, Theories of International Trade, Modes of Entry into International Business, Foreign Exchange Management, International Marketing
EC-601Advanced Statistics - VIIElective (Statistics)4Statistical Software Packages (R, SPSS, Python basics), Data Visualization, Big Data Concepts, Machine Learning Algorithms (basics), Data Ethics and Privacy
EC-602Advanced Statistics - VIIIElective (Statistics)4Econometrics (Introduction), Regression Models, Simultaneous Equation Models, Panel Data Analysis, Time Series Econometrics
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