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B-COM 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 program at I.B. Post Graduate College, affiliated with MDU, Rohtak, focuses on providing a comprehensive foundation in commerce and business administration. It is designed to equip students with essential knowledge in accounting, finance, economics, law, and management, preparing them for various roles in India''''s dynamic economic landscape. The program emphasizes theoretical understanding coupled with practical applications, making graduates ready for entry-level positions across diverse industries.
Who Should Apply?
This program is ideal for fresh 10+2 graduates with an aptitude for commerce, seeking a foundational degree to enter the business world. It also caters to individuals aiming for professional qualifications like CA, CS, or CMA, providing the necessary academic groundwork. Aspiring entrepreneurs who wish to understand the financial and legal aspects of running a business in India will also find this curriculum highly beneficial. No specific prerequisite background beyond 10+2 commerce or science with mathematics is typically required.
Why Choose This Course?
Graduates of this program can expect to pursue various India-specific career paths in accounting, banking, financial services, tax consultancy, and retail management. Entry-level salaries in India typically range from INR 2.5 LPA to 4.5 LPA, with significant growth trajectories for those who gain experience and pursue further professional qualifications. The program aligns well with certifications from ICAI, ICSI, and other financial bodies, facilitating professional growth in the Indian corporate sector.
Student Success Practices
Foundation Stage
Master Core Accounting Principles- (Semester 1-2)
Focus diligently on Financial and Corporate Accounting. Understand the fundamental concepts, journal entries, ledger postings, and final account preparation. Use online tutorials and practice problems from textbooks to solidify your understanding.
Tools & Resources
T.S. Grewal, D.K. Goel for Financial Accounting, ICAI study material for basic concepts, YouTube tutorials for conceptual clarity
Career Connection
A strong foundation in accounting is critical for all commerce careers, including auditing, taxation, and financial analysis. It is the bedrock for pursuing professional certifications like CA or CMA in India.
Develop Strong Communication and Legal Acumen- (Semester 1-2)
Actively participate in class discussions for Business Law and Company Law. Practice written communication through assignments and seek feedback. Regularly read Indian business news to understand real-world legal implications and corporate compliance.
Tools & Resources
Legal databases (e.g., Indian Kanoon for case studies), Business Standard, Economic Times, Communication skill workshops
Career Connection
Essential for corporate roles, legal compliance, and effective client interaction. A clear understanding of business laws helps in making informed decisions and avoiding pitfalls in the Indian business environment.
Enhance Quantitative and Computer Skills- (Semester 1-2)
Regularly practice Business Statistics problems and work on computer applications using MS Excel and basic accounting software. Aim for proficiency in data analysis, presentation tools, and essential business software.
Tools & Resources
NCERT Mathematics for Statistics refreshers, YouTube tutorials for Excel functions, Basic accounting software demonstrations (e.g., Tally free version)
Career Connection
Data analysis and digital literacy are non-negotiable skills in today''''s job market, crucial for roles in finance, market research, and back-office operations in Indian companies.
Intermediate Stage
Apply Cost and Tax Concepts Practically- (Semester 3-4)
Focus on understanding the practical application of Cost Accounting techniques and Income Tax laws. Solve various case studies and scenarios. Consider preparing mock tax returns for individuals to gain hands-on experience.
Tools & Resources
Taxmann publications for Income Tax, Online tax calculators, Industry-specific cost accounting examples
Career Connection
This knowledge has direct relevance for roles in cost control, tax advisory, financial planning, and internal auditing, which are high-demand areas in Indian businesses and consultancies.
Gain Hands-on Experience with Tally- (Semester 3-4)
Utilize the Computerised Accounting System (Tally) course to its fullest. Get hands-on with Tally software, perform mock company setups, ledger entries, and generate various financial reports including GST compliance reports.
Tools & Resources
Tally ERP 9 education version, Online Tally tutorials, Practice sets provided by Tally education partners
Career Connection
Tally proficiency is a highly sought-after skill for entry-level accounting and bookkeeping positions in SMEs and larger firms across India, significantly enhancing employability and practical readiness.
Engage with Financial and Economic News- (Semester 3-4)
Regularly read financial newspapers and follow economic news channels. Connect classroom theories of Macro Economics and Marketing Management to current Indian economic trends and business strategies to develop a strong business acumen.
Tools & Resources
The Economic Times, Business Standard, Livemint, CNBC-TV18, ET Now, Financial news apps and podcasts
Career Connection
Develops a crucial business sense, sharpens analytical skills, and helps in interviews by demonstrating awareness of the economic environment and industry dynamics in India.
Advanced Stage
Deep Dive into Financial and Management Strategy- (Semester 5-6)
Focus on Financial Management, Management Accounting, and International Business. Analyze financial statements of Indian companies, understand capital budgeting decisions, and explore global trade scenarios impacting Indian businesses.
Tools & Resources
Annual reports of listed Indian companies (NSE/BSE websites), Financial modeling basic tools (MS Excel), Bloomberg Terminal (if available at college/online simulators)
Career Connection
Prepares for roles in corporate finance, investment banking, financial analysis, and strategic management within Indian and multinational companies operating in India, providing a competitive edge.
Build Research and Project Management Skills- (Semester 5-6)
Excel in the Research Methodology & Project Work. Choose a relevant Indian business problem, conduct thorough research, and present findings professionally. This can serve as a strong portfolio piece for placements.
Tools & Resources
Research journals (e.g., from IIMs), Academic databases (JSTOR, Google Scholar), Survey tools (Google Forms), basic statistical software
Career Connection
Demonstrates analytical, problem-solving, and project management capabilities, highly valued in consulting, market research, and managerial roles across various sectors in India.
Explore Digital Marketing and Entrepreneurship- (Semester 5-6)
Leverage the Digital Marketing and Entrepreneurship Development courses. Try to create a small online presence or a business idea, even as a simulated project. Learn the practical aspects of online promotion and venture creation relevant to the Indian startup ecosystem.
Tools & Resources
Free Google Digital Garage courses, Social media marketing platforms, Business plan templates, MSME schemes information
Career Connection
Equips students for the burgeoning e-commerce and startup ecosystem in India, opening avenues for roles in digital marketing agencies, e-commerce businesses, or launching their own ventures with confidence.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 examination from Board of School Education Haryana or equivalent with 40% marks
Duration: 3 years / 6 semesters
Credits: 132 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 | 4 | Accounting Principles, Final Accounts of Sole Proprietorship, Non-Profit Organizations Accounting, Branch Accounting, Partnership Accounts Introduction |
| BCH-102 | Business Law | Core | 4 | Indian Contract Act (Offer, Acceptance, Consideration), Sale of Goods Act, Negotiable Instruments Act, Indian Partnership Act, Consumer Protection Act |
| BCH-103 | Business Economics | Core | 4 | Nature and Scope of Business Economics, Demand and Supply Analysis, Production Function, Cost Analysis, Market Structures (Perfect Competition, Monopoly) |
| BCH-104 | Business Statistics | Core | 4 | Introduction to Statistics, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis |
| BCH-105 | Computer Applications in Business | Core (Theory + Practical) | 4 | Fundamentals of Computer, Operating System Concepts, MS-Office (Word, Excel, PowerPoint), Internet and E-mail, Data Communication and Networking |
| AECC-1 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Multidisciplinary Nature of Environmental Studies, Ecosystems, Biodiversity and Conservation, Environmental Pollution, Social Issues and the Environment |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-201 | Corporate Accounting | Core | 4 | Issue and Forfeiture of Shares and Debentures, Redemption of Debentures, Company Final Accounts, Amalgamation of Companies, Accounting for Holding Companies |
| BCH-202 | Company Law | Core | 4 | Introduction to Company Law, Company Formation and Memorandum, Articles of Association and Prospectus, Share Capital and Debentures, Management and Administration of Companies |
| BCH-203 | Micro Economics | Core | 4 | Consumer Behavior (Utility, Indifference Curve), Production Theory, Cost and Revenue Analysis, Market Structures (Monopoly, Oligopoly), Factor Pricing |
| BCH-204 | Corporate Laws | Core | 4 | SEBI Act 1992, Competition Act 2002, Foreign Exchange Management Act (FEMA), Consumer Protection Act 2019, Intellectual Property Rights |
| BCH-205 | E-Commerce | Core (Theory + Practical) | 4 | Introduction to E-Commerce, E-Payment Systems, E-Security, E-Marketing, Business Models in E-Commerce |
| AECC-II | Language Communication (Hindi/English/Punjabi) | Ability Enhancement Compulsory Course | 2 | Grammar and Vocabulary, Reading Comprehension, Letter and Report Writing, Verbal and Non-Verbal Communication, Public Speaking |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-301 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Job, Batch and Process Costing, Budgetary Control |
| BCH-302 | Income Tax Law & Practice | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Liability, Income from Salaries, Income from House Property, Profits and Gains from Business or Profession, Deductions from Gross Total Income |
| BCH-303 | Macro Economics | Core | 4 | National Income Accounting, Classical and Keynesian Theories of Employment, Inflation and Deflation, Business Cycles, Monetary and Fiscal Policy |
| BCH-304 | Marketing Management | Core | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Market Segmentation, Targeting, Positioning, Product Decisions and Pricing Strategies, Promotion and Distribution Channels |
| BCH-305 | Banking & Insurance | Core | 4 | Commercial Banks and Central Banking (RBI), E-Banking and Digital Payments, Types and Principles of Insurance, Life Insurance, General Insurance (Fire, Marine, Motor) |
| SEC-I | Personality Development & Communication Skills | Skill Enhancement Course | 2 | Communication Process and Types, Listening Skills, Body Language and Non-Verbal Communication, Group Discussion Techniques, Interview Skills, Presentation Skills |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-401 | Management Accounting | Core | 4 | Nature and Scope of Management Accounting, Fund Flow Statement, Cash Flow Statement, Ratio Analysis, Budgeting and Budgetary Control, Standard Costing |
| BCH-402 | GST & Customs Law | Core | 4 | Introduction to GST (Goods and Services Tax), Levy and Collection of GST, Input Tax Credit, Registration and Returns under GST, Customs Duty, Valuation under Customs Act |
| BCH-403 | Indian Economy | Core | 4 | Features of Indian Economy, Economic Planning in India, Agriculture and Industrial Sector, Foreign Trade of India, Economic Reforms since 1991, Poverty, Unemployment and Inequalities |
| BCH-404 | Human Resource Management | Core | 4 | Introduction to HRM, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Appraisal, Compensation Management |
| BCH-405 | Auditing & Corporate Governance | Core | 4 | Introduction to Auditing, Types of Audit, Internal Control and Internal Check, Company Audit, Audit Report, Corporate Governance |
| SEC-II | Computerised Accounting System (Tally) | Skill Enhancement Course (Elective) | 2 | Introduction to Tally ERP 9, Company Creation and Configuration, Ledger and Voucher Entries, Inventory Management, Payroll in Tally, GST Reports and Final Accounts in Tally |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-501 | Principles of Management | Core | 4 | Nature and Significance of Management, Planning and Decision Making, Organizing and Staffing, Directing and Motivation, Controlling Techniques, Management Theories |
| BCH-502 | Financial Management | Core | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Dividend Policy Decisions |
| BCH-503 | International Business | Core | 4 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market, India''''s Foreign Trade Policy, Multinational Corporations (MNCs), International Business Environment |
| BCH-504 | Organisational Behaviour | Core | 4 | Foundations of Organisational Behaviour, Perception and Learning, Motivation Theories, Leadership Styles, Group Dynamics and Team Building, Conflict Management |
| BCH-505 | Research Methodology & Project Work | Core | 4 | Introduction to Research, Research Design and Methods, Data Collection Techniques (Sampling), Data Analysis and Interpretation, Report Writing, Project Formulation and Execution |
| SEC-III | Investment Management | Skill Enhancement Course (Elective) | 2 | Investment Environment and Process, Risk and Return Analysis, Equity Analysis, Bond Analysis, Mutual Funds, Portfolio Management |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH-601 | Entrepreneurship Development | Core | 4 | Concept of Entrepreneurship, Entrepreneurial Motivation and Process, Project Identification and Selection, Project Formulation and Appraisal, Institutional Support to MSMEs, Business Plan Preparation |
| BCH-602 | Fundamentals of Financial Markets | Core | 4 | Indian Financial System, Money Market Instruments, Capital Market (Primary and Secondary), Stock Exchange Operations, Role of SEBI, Financial Derivatives |
| BCH-603 | Consumer Behaviour | Core | 4 | Introduction to Consumer Behaviour, Individual Influences on Consumer Behaviour, Group Influences, Consumer Decision Making Process, Models of Consumer Behaviour, Online Consumer Behaviour |
| BCH-604 | Business Ethics & CSR | Core | 4 | Introduction to Business Ethics, Ethical Decision Making in Business, Corporate Social Responsibility (CSR), Environmental Ethics, Ethics in Marketing and Finance, Role of Corporate Governance |
| BCH-605 | Financial Reporting & Analysis | Core | 4 | Introduction to Financial Reporting, Indian Accounting Standards (Ind AS)/IFRS Overview, Analysis of Financial Statements (Ratio Analysis), Cash Flow Analysis, Corporate Valuation Techniques, XBRL Reporting |
| SEC-IV | Digital Marketing | Skill Enhancement Course (Elective) | 2 | Introduction to Digital Marketing, Search Engine Optimization (SEO), Search Engine Marketing (SEM), Social Media Marketing, Content Marketing and Email Marketing, Web Analytics |
