

BCOM in Statistics at Gujarat Arts & Science College


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.

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 Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-101 | Financial Accounting - I | Core | 4 | Introduction to Accounting, Accounting Principles and Standards, Final Accounts of Sole Proprietorship, Rectification of Errors, Accounting for Non-Profit Organizations |
| CC-102 | Business Economics - I | Core | 4 | Introduction to Business Economics, Demand Analysis, Production and Cost Analysis, Market Structures, Pricing Strategies |
| CC-103 | Principles of Management | Core | 4 | Nature and Scope of Management, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Management Theories |
| CC-104 | Commercial Communication - I | Core | 4 | Fundamentals of Communication, Verbal and Non-Verbal Communication, Business Correspondence, Report Writing, Presentation Skills |
| FC-101 | Computer Application - I | Foundation | 4 | Computer Fundamentals, Operating Systems, MS Word, MS Excel, Internet and E-mail |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-201 | Financial Accounting - II | Core | 4 | Partnership Accounts, Company Accounts, Issue of Shares and Debentures, Financial Statement Analysis, Investment Accounting |
| CC-202 | Business Economics - II | Core | 4 | National Income, Monetary Policy, Fiscal Policy, International Trade, Economic Growth and Development |
| CC-203 | Marketing Management | Core | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Marketing Mix, Sales and Distribution Management |
| CC-204 | Commercial Communication - II | Core | 4 | Business Letters, Circulars and Notices, Resume Writing, Interview Skills, Group Discussion |
| FC-201 | Computer Application - II | Foundation | 4 | MS PowerPoint, Database Management Systems (DBMS), E-commerce, Cyber Security Basics, Introduction to Programming Concepts |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-301 | Corporate Accounting - I | Core | 4 | Introduction to Corporate Accounting, Company Final Accounts, Amalgamation and Reconstruction, Valuation of Shares, Accounting for Mergers and Acquisitions |
| CC-302 | Business Statistics - I | Core | 4 | Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Probability Theory |
| CC-303 | Business Regulatory Framework | Core | 4 | Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Consumer Protection Act, Companies Act (Basics) |
| CC-304 | Fundamentals of Entrepreneurship | Core | 4 | Concept of Entrepreneurship, Entrepreneurial Process, Business Idea Generation, Project Formulation, Funding for Startups |
| EC-301 | Advanced Statistics - I | Elective (Statistics) | 4 | Sampling Methods, Statistical Estimation, Hypothesis Testing (Large Samples), Non-Parametric Tests, Introduction to Statistical Software |
| EC-302 | Advanced Statistics - II | Elective (Statistics) | 4 | Index Numbers, Time Series Analysis, Statistical Quality Control, Vital Statistics, Economic Statistics |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-401 | Corporate Accounting - II | Core | 4 | Consolidated Financial Statements, Human Resource Accounting, Environmental Accounting, Inflation Accounting, Financial Reporting Standards |
| CC-402 | Business Statistics - II | Core | 4 | Probability Distributions (Binomial, Poisson, Normal), Sampling Distribution, Hypothesis Testing (Small Samples), Analysis of Variance (ANOVA), Design of Experiments |
| CC-403 | Income Tax Law & Practice - I | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Deductions under Section 80C to 80U |
| CC-404 | Research Methodology | Core | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation |
| EC-401 | Advanced Statistics - III | Elective (Statistics) | 4 | Multivariate Analysis (Introduction), Factor Analysis, Cluster Analysis, Discriminant Analysis, Regression Diagnostics |
| EC-402 | Advanced Statistics - IV | Elective (Statistics) | 4 | Demographic Methods, Life Table Construction, Population Projections, Statistical Inference in Health, Epidemiological Statistics |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-501 | Cost Accounting - I | Core | 4 | Introduction to Cost Accounting, Cost Concepts and Classification, Material Costing, Labor Costing, Overhead Costing |
| CC-502 | Auditing | Core | 4 | Introduction to Auditing, Types of Audit, Audit Planning and Procedures, Vouching and Verification, Audit Report |
| CC-503 | Income Tax Law & Practice - II | Core | 4 | Profits and Gains of Business or Profession, Capital Gains, Income from Other Sources, Set-off and Carry Forward of Losses, Assessment of Individuals |
| CC-504 | Indian Financial System | Core | 4 | Structure of Indian Financial System, Financial Markets (Money and Capital), Financial Institutions, SEBI and RBI Regulations, Financial Services |
| EC-501 | Advanced Statistics - V | Elective (Statistics) | 4 | Operations Research (OR) Introduction, Linear Programming, Transportation Problem, Assignment Problem, Game Theory |
| EC-502 | Advanced Statistics - VI | Elective (Statistics) | 4 | Decision Theory, Queuing Theory, Simulation, Network Analysis (CPM/PERT), Inventory Control Models |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-601 | Cost Accounting - II | Core | 4 | Methods of Costing (Job, Batch, Contract), Process Costing, Standard Costing, Budgetary Control, Marginal Costing and Decision Making |
| CC-602 | Management Accounting | Core | 4 | Introduction to Management Accounting, Financial Statement Analysis, Fund Flow Statement, Cash Flow Statement, Ratio Analysis |
| CC-603 | Goods and Service Tax (GST) | Core | 4 | Introduction to GST, GST Council and Administration, Levy and Collection of GST, Input Tax Credit, GST Returns and Compliance |
| CC-604 | International Business | Core | 4 | Nature and Scope of International Business, Theories of International Trade, Modes of Entry into International Business, Foreign Exchange Management, International Marketing |
| EC-601 | Advanced Statistics - VII | Elective (Statistics) | 4 | Statistical Software Packages (R, SPSS, Python basics), Data Visualization, Big Data Concepts, Machine Learning Algorithms (basics), Data Ethics and Privacy |
| EC-602 | Advanced Statistics - VIII | Elective (Statistics) | 4 | Econometrics (Introduction), Regression Models, Simultaneous Equation Models, Panel Data Analysis, Time Series Econometrics |




