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B-COM-HONS in General at I.B. College
Panipat, Haryana
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About the Specialization
What is General at I.B. College Panipat?
This B.Com Hons program at I.B. Post Graduate College focuses on providing a comprehensive understanding of commerce, business, and finance. It integrates theoretical knowledge with practical applications, preparing students for dynamic roles in the Indian business landscape. The program emphasizes analytical skills, ethical business practices, and entrepreneurship, aligning with the evolving needs of the economy.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into accounting, finance, and general management roles. It also suits students with a strong aptitude for numbers and business acumen, aspiring to become chartered accountants, financial analysts, or entrepreneurs. Individuals aiming for further studies like MBA or M.Com will also find this a robust foundation.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles in corporate finance, auditing, taxation, banking, and marketing. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. The program aligns with professional certifications like CA, CS, and CMA, offering a strong head start in their preparation.
Student Success Practices
Foundation Stage
Build Strong Accounting & Legal Fundamentals- (Semester 1-2)
Focus on mastering core financial accounting principles, business law, and basic economics. Utilize textbooks rigorously, attend all lectures, and practice problem-solving daily. Form study groups to discuss complex topics and clarify doubts early on.
Tools & Resources
MDU prescribed textbooks, ICAI study material (foundational topics), Previous year''''s question papers
Career Connection
A solid foundation is crucial for cracking professional exams like CA/CS/CMA and excelling in entry-level finance or auditing roles. It provides essential business literacy.
Develop Effective Study Habits & Peer Learning- (Semester 1-2)
Form study groups to discuss complex topics, teach each other, and clarify doubts. Practice time management techniques and revision strategies from day one to avoid last-minute cramming. Actively participate in class discussions.
Tools & Resources
College library and study rooms, Online collaborative tools (e.g., Google Docs for notes), Academic success workshops if available
Career Connection
Strong collaborative skills and self-discipline are highly valued in corporate environments, fostering teamwork and project management capabilities.
Enhance Communication & Ethical Awareness- (Semester 1-2)
Actively participate in English communication classes to enhance written and oral skills through presentations and debates. Understand the importance of environmental and business ethics, reflecting on their impact.
Tools & Resources
College''''s language lab, Public speaking clubs and debate societies, Business ethics case studies
Career Connection
Good communication is vital for all professional roles, and ethical awareness is increasingly critical for responsible business leadership and decision-making.
Intermediate Stage
Apply Tax Laws & HR Concepts Practically- (Semester 3-5)
Deep dive into Income Tax and GST laws, solving case studies and practical problems. Understand HR management concepts by observing real-world organizational structures and policies, and participating in related projects.
Tools & Resources
Income Tax Act, GST Act (latest editions), Tax planning software demos, HR case studies from Indian companies, guest lectures
Career Connection
Practical knowledge in taxation and human resources is directly applicable to roles in finance, compliance, and human resources departments, making you industry-ready.
Enhance Digital & Financial Literacy Skills- (Semester 3-5)
Master computer applications for business (spreadsheets, presentations, databases). Gain foundational understanding of stock markets and investments, utilizing virtual platforms for hands-on experience.
Tools & Resources
MS Office suite (Excel, PowerPoint, Access), Tally ERP (if taught or self-learned), Virtual stock market simulators, financial news portals like Moneycontrol
Career Connection
These skills are essential for modern business operations, financial analysis, data management, and personal wealth management in a digital economy.
Explore Marketing & Economic Principles through Projects- (Semester 3-5)
Undertake small projects or case studies related to marketing principles and macroeconomic trends in India. This could involve market research, consumer behavior analysis, or economic data interpretation.
Tools & Resources
NPTEL courses for marketing basics, Business magazines like Business Today, The Economic Times, Statistical software basics (e.g., Excel''''s data analysis tools)
Career Connection
Develops analytical and strategic thinking, beneficial for roles in market research, business development, or economic analysis, and for entrepreneurial ventures.
Advanced Stage
Specialize in Financial & Business Management- (Semester 6)
Strategically select Discipline Specific Elective (DSE) subjects (e.g., Financial Management, Auditing) that align with your specific career aspirations. Focus on advanced concepts and their real-world application through case studies.
Tools & Resources
Advanced textbooks and reference materials, Industry reports and financial statements of Indian corporations, Guest lectures from finance and audit professionals
Career Connection
Builds expertise for specific roles in corporate finance, investment banking, auditing, or management consulting, providing a competitive edge.
Undertake Comprehensive Research & Project Work- (Semester 6)
Engage seriously with the Business Research Methods and Project Work, choosing a relevant topic. Focus on rigorous data collection, in-depth analysis, and presenting findings effectively through a well-structured report and viva.
Tools & Resources
Access to research databases (e.g., J-STOR, EBSCO through college), Statistical software (e.g., SPSS, R, or Python basics), Faculty mentors for guidance on methodology and reporting
Career Connection
Develops critical research, analytical, problem-solving, and presentation skills, essential for higher studies, consulting, and senior management roles. Demonstrates practical application.
Prepare for Placements & Professional Development- (Semester 6)
Actively participate in campus placements, mock interviews, and resume building workshops organized by the college. Network with alumni and industry professionals through career fairs and LinkedIn. Pursue relevant internships.
Tools & Resources
College placement cell services, LinkedIn for professional networking, Career counseling and interview preparation platforms
Career Connection
Directly leads to securing employment in reputable companies and beginning a successful career in the commerce and business sector upon graduation.
Program Structure and Curriculum
Eligibility:
- Senior Secondary Examination (10+2) with 40% marks in aggregate with Commerce OR with Non-Commerce Stream with Economics/ Maths/ Business Maths/ Statistics/ Accountancy as one of the subjects with 50% marks in aggregate.
Duration: 3 years / 6 semesters
Credits: 110 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-101 | Financial Accounting | Core | 5 | Theoretical Framework of Accounting, Accounting Process and Journal Entries, Preparation of Final Accounts, Accounting for Non-Profit Organizations, Introduction to Computerized Accounting |
| BCH-102 | Business Law | Core | 5 | Indian Contract Act 1872, Special Contracts: Indemnity, Guarantee, Bailment, Pledge, Agency, The Sale of Goods Act 1930, The Negotiable Instruments Act 1881, The Limited Liability Partnership Act 2008 |
| AECC-1 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 2 | Multidisciplinary Nature of Environmental Studies, Ecosystems and Biodiversity, Natural Resources: Renewable and Non-renewable, Environmental Pollution and Control, Social Issues and the Environment |
| AECC-2 | English Communication | Ability Enhancement Compulsory Course (AECC) | 2 | Theory of Communication, Reading Comprehension and Analysis, Writing Skills: Essay, Report, Letter, Listening Skills for Effective Communication, Speaking Skills: Presentations, Discussions |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-201 | Corporate Accounting | Core | 5 | Accounting for Share Capital Transactions, Accounting for Debentures, Buy-Back of Shares, Amalgamation of Companies, Financial Statements of Banking Companies |
| BCH-202 | Corporate Law | Core | 5 | Introduction to Company Law and Types of Companies, Company Management and Administration, Company Meetings and Resolutions, Declaration and Payment of Dividends, Winding up of Companies |
| GE-1 | Principles of Micro Economics | Generic Elective | 5 | Basic Problems of an Economy and Scarcity, Consumer Behavior: Utility and Indifference Curve Analysis, Production and Costs: Short Run and Long Run, Market Forms: Perfect Competition, Monopoly, Oligopoly, Factor Pricing: Rent, Wages, Interest, Profit |
| GE-2 | Business Statistics | Generic Elective | 5 | Introduction to Statistics and Data Presentation, Measures of Central Tendency: Mean, Median, Mode, Measures of Dispersion: Range, Standard Deviation, Correlation Analysis and Methods, Regression Analysis and its Applications |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-301 | Income Tax Law & Practice | Core | 5 | Basic Concepts of Income Tax and Definitions, Residential Status and Tax Liability, Income under various Heads (Salary, House Property, PGBP), Deductions from Gross Total Income, Assessment of Individual Taxpayers |
| BCH-302 | Human Resource Management | Core | 5 | Introduction to Human Resource Management, Human Resource Planning and Job Analysis, Recruitment and Selection Process, Training and Development Methods, Performance Appraisal and Compensation Management |
| SEC-1 | Computer Applications in Business | Skill Enhancement Course (SEC) | 3 | Word Processing using MS Word, Spreadsheet Applications using MS Excel, Presentation Tools using MS PowerPoint, Database Management Systems (DBMS) Concepts, Internet and e-Commerce Fundamentals |
| GE-3 | Principles of Marketing | Generic Elective | 5 | Introduction to Marketing and its Concepts, Marketing Environment Analysis, Consumer Behavior and Market Research, Market Segmentation, Targeting, and Positioning, Product Decisions and Product Life Cycle |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-401 | Goods & Services Tax (GST) & Customs Law | Core | 5 | Introduction to Goods and Services Tax, Levy and Collection of GST, Time and Value of Supply under GST, Input Tax Credit Mechanism, Customs Law: Basic Concepts and Duties |
| BCH-402 | E-Commerce | Core | 5 | Introduction to E-Commerce and its Types, E-Commerce Business Models (B2C, B2B, C2C), E-Payment Systems and Gateways, E-Security and Encryption Technologies, Legal and Ethical Issues in E-Commerce |
| SEC-2 | Investing in Stock Markets | Skill Enhancement Course (SEC) | 3 | Overview of Indian Securities Market, Primary Market Operations (IPOs, FPOs), Secondary Market Operations and Trading, Role and Functions of Stock Exchanges (NSE, BSE), Introduction to Mutual Funds |
| GE-4 | Principles of Macro Economics | Generic Elective | 5 | Introduction to Macroeconomics and National Income Accounting, Determination of Output and Employment, Money and Banking System, Inflation: Causes, Effects, and Control, Fiscal and Monetary Policy |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-501 | Management Accounting | Core | 5 | Introduction to Management Accounting and its Tools, Cost Concepts and Classification, Budgetary Control and Responsibility Accounting, Standard Costing and Variance Analysis, Funds Flow Statement and Cash Flow Statement |
| BCH-502 | Auditing and Corporate Governance | Core | 5 | Introduction to Auditing and its Objectives, Internal Control and Internal Check System, Audit of Financial Statements: Vouching, Verification, Special Audits: Investigation, Tax Audit, Corporate Governance Principles and Practices |
| DSE-1 | Financial Management | Discipline Specific Elective (DSE) | 5 | Introduction to Financial Management and its Goals, Capital Budgeting Decisions, Cost of Capital Estimation, Working Capital Management, Dividend Decisions and Theories |
| DSE-2 | Indian Financial System | Discipline Specific Elective (DSE) | 5 | Overview of the Indian Financial System, Financial Markets: Money Market and Capital Market, Financial Institutions: Banks, NBFCs, Financial Instruments and Services, Regulatory Framework (RBI, SEBI) |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-601 | Fundamentals of Financial Markets | Core | 5 | Overview of Financial Markets and Participants, Money Market Instruments and Operations, Capital Market Structure and Functions, Securities and Exchange Board of India (SEBI), Stock Exchange Operations and Derivatives |
| BCH-602 | Business Research Methods and Project Work | Core (includes Project) | 5 | Introduction to Business Research, Research Design and Hypothesis Formulation, Methods of Data Collection, Data Analysis and Interpretation, Report Writing and Presentation of Research Findings |
| DSE-3 | Banking and Insurance | Discipline Specific Elective (DSE) | 5 | Commercial Banking Functions and Structure, Central Banking and Monetary Policy, Banking Sector Reforms in India, Principles of Insurance and Risk Management, Types of Insurance: Life, General, Health |
| DSE-4 | Marketing Management | Discipline Specific Elective (DSE) | 5 | Marketing Concepts and Philosophies, Product Strategies and Branding, Pricing Strategies and Methods, Promotion Mix Decisions, Distribution Channels and Logistics |
