.png&w=1920&q=75)
BACHELOR-OF-COMMERCE-B-COM in Commerce General at Karanjia Autonomous College
Mayurbhanj, Odisha
.png&w=1920&q=75)
About the Specialization
What is Commerce (General) at Karanjia Autonomous College Mayurbhanj?
This Bachelor of Commerce (B.Com) program at Karanjia Autonomous College focuses on providing a comprehensive foundation in commerce, accounting, finance, and business law. Designed under the CBCS framework, it equips students with essential skills for various roles in the Indian business landscape. The curriculum emphasizes a broad understanding of economic principles and corporate practices, making it highly relevant for today''''s dynamic industry demands.
Who Should Apply?
This program is ideal for recent 10+2 graduates aspiring to build a career in finance, accounting, banking, or business management. It also suits individuals seeking a strong academic base for pursuing professional certifications like CA, CS, or CMA in India. Aspiring entrepreneurs and those looking to enter public sector roles will also find the foundational knowledge invaluable.
Why Choose This Course?
Graduates of this program can expect diverse career paths in accounting firms, banks, financial institutions, and corporate sectors across India. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs per annum, with significant growth potential for experienced professionals. The program prepares students for roles such as junior accountant, tax consultant, financial analyst, or business development executive, aligning with growing industry needs.
Student Success Practices
Foundation Stage
Master Core Accounting & Business Law Fundamentals- (Semester 1-2)
Dedicate time to thoroughly understand foundational concepts in Financial Accounting-I and Business Law. Utilize textbooks, online tutorials, and practice problems to build a strong conceptual base, which is crucial for advanced subjects.
Tools & Resources
Textbooks (e.g., M.C. Shukla, R.L. Nolakha for Accounting; M.C. Kuchhal for Law), Study groups for discussion, Basic accounting software tutorials
Career Connection
A solid grasp of these basics is fundamental for any career in commerce, particularly in accounting, auditing, and corporate compliance roles in India.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Focus on developing strong quantitative skills through Business Mathematics and Statistics. Regularly solve problems, understand statistical tools, and practice data interpretation to enhance analytical thinking essential for commerce.
Tools & Resources
NCERT Math for foundational concepts, Statistical software (e.g., Excel for basic functions), Online quizzes and practice sets
Career Connection
These skills are highly valued in financial analysis, market research, and data-driven decision-making roles within Indian corporations.
Cultivate Effective Communication & Environmental Awareness- (Semester 1-2)
Improve communication skills through the MIL course and gain awareness about environmental issues from Environmental Studies. Participate in debates, presentations, and group discussions to foster holistic development.
Tools & Resources
Language learning apps, Public speaking clubs (if available), Documentaries on environmental issues
Career Connection
Strong communication is vital for client interactions and team collaboration, while environmental awareness is increasingly sought by socially responsible Indian businesses.
Intermediate Stage
Pursue Practical Tax & Corporate Knowledge- (Semester 3-4)
Deep dive into Income Tax Law & Practice and Corporate Accounting. Seek opportunities for short-term internships or virtual projects related to tax filing, corporate finance, or company secretarial work to gain practical insights into Indian regulations.
Tools & Resources
Income Tax India e-filing portal, MCA portal for company information, Industry expert webinars
Career Connection
Directly prepares students for roles in tax consultancy, corporate accounting, and legal compliance departments of Indian companies.
Build Digital Proficiency & E-commerce Understanding- (Semester 3-4)
Excel in Computer Application in Business and E-Commerce. Obtain relevant certifications in MS Office suite and explore online platforms for e-commerce business models. Understand the digital transformation in Indian markets.
Tools & Resources
Microsoft Office Specialist (MOS) certification, Online courses on e-commerce platforms (e.g., Udemy, Coursera), Case studies of Indian e-commerce companies
Career Connection
Essential for modern business roles, including e-commerce operations, digital marketing, and data entry/analysis, which are booming in India.
Engage in Interdisciplinary Learning through Electives- (Semester 3-5)
Actively participate in Generic Elective courses like Public Finance or Principles of Microeconomics/Macroeconomics to broaden perspective beyond core commerce. This provides a holistic understanding of economic policy and its impact in India.
Tools & Resources
Economic Times, Business Standard for current affairs, Discussions with faculty from other departments, Reading economic journals
Career Connection
Develops a well-rounded profile, critical for managerial roles, policy analysis, and understanding broader market dynamics in India.
Advanced Stage
Specialize and Gain Industry Exposure with DSEs- (Semester 5-6)
Leverage Discipline Specific Electives in Accounting & Finance (e.g., Investment, Banking & Insurance) to specialize. Pursue an internship in a bank, financial institution, or audit firm to apply theoretical knowledge and build industry connections.
Tools & Resources
NSE Academy certifications, Financial modeling courses, LinkedIn for professional networking
Career Connection
Directly enhances employability in specialized finance and banking sectors, crucial for securing roles in India''''s competitive job market.
Undertake a Comprehensive Project Work- (Semester 6)
Execute the Project Work/Viva Voce DSE meticulously. Choose a relevant topic in accounting, finance, or business, conduct thorough research, and prepare a professional report and presentation. This is a capstone experience.
Tools & Resources
Research databases (e.g., J-Gate, Shodhganga), Statistical software (e.g., SPSS, R for advanced analysis), Mentorship from faculty
Career Connection
Showcases research, analytical, and problem-solving abilities to potential employers, crucial for higher studies or advanced professional roles.
Focus on Placement Preparation & Networking- (Semester 6)
Actively participate in campus placement drives, prepare for aptitude tests, group discussions, and personal interviews. Network with alumni and industry professionals to explore job opportunities and gain career guidance relevant to the Indian context.
Tools & Resources
Placement cell workshops, Mock interview sessions, Professional networking events
Career Connection
Maximizes chances of securing desirable placements immediately after graduation in leading Indian and multinational companies operating in India.
Program Structure and Curriculum
Eligibility:
- Pass in +2 or equivalent examination from a recognized board/council.
Duration: 3 years / 6 semesters
Credits: 144 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-101 | Financial Accounting-I | Core | 6 | Accounting Process, Depreciation Accounting, Inventory Valuation, Accounting for Non-Profit Organisations, Preparation of Financial Statements |
| DSC-102 | Business Law | Core | 6 | Indian Contract Act, Sale of Goods Act, Indian Partnership Act, Limited Liability Partnership Act, Negotiable Instruments Act |
| DSC-103 | Micro Economics | Core | 6 | Basic Economic Problems, Consumer Behaviour Theory, Production and Costs, Market Structures, Factor Pricing |
| AECC-I | Environmental Studies | Ability Enhancement Compulsory Course | 4 | Ecosystems, Natural Resources, Biodiversity and Conservation, Environmental Pollution, Environmental Management |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-201 | Business Mathematics | Core | 6 | Matrices and Determinants, Calculus (Differentiation), Calculus (Integration), Ratio, Proportion and Percentage, Time Value of Money |
| DSC-202 | Corporate Law | Core | 6 | Companies Act 2013 - Introduction, Incorporation of Company, Share Capital and Debentures, Management and Meetings, Winding Up of Company |
| DSC-203 | Macro Economics | Core | 6 | National Income Accounting, Theories of Employment, Money and Banking, Inflation and Deflation, Fiscal and Monetary Policy |
| AECC-II | MIL (Oriya/Alt. Eng./Hindi/Bengali/Urdu/Sanskrit) | Ability Enhancement Compulsory Course | 4 | Comprehension Skills, Grammar and Usage, Writing Skills, Communication Strategies, Cultural Context |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-301 | Income Tax Law & Practice | Core | 6 | Basic Concepts of Income Tax, Residential Status and Tax Liability, Heads of Income, Deductions from Gross Total Income, Assessment Procedures |
| DSC-302 | Business Statistics | Core | 6 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers |
| SEC-I | E-Commerce | Skill Enhancement Course | 2 | Introduction to E-commerce, E-commerce Business Models, E-payment Systems, E-commerce Security Issues, Legal Aspects of E-commerce |
| GE-I | Principles of Microeconomics | Generic Elective | 6 | Demand and Supply Analysis, Consumer Behavior, Production and Cost Analysis, Market Structures, Resource Allocation |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-401 | Corporate Accounting | Core | 6 | Accounting for Share Capital, Accounting for Debentures, Final Accounts of Companies, Amalgamation and Absorption, Internal Reconstruction |
| DSC-402 | Cost Accounting | Core | 6 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Standard Costing and Variance Analysis |
| SEC-II | Computer Application in Business | Skill Enhancement Course | 2 | Word Processing (MS Word), Spreadsheets (MS Excel), Database Management (MS Access), Presentation Tools (MS PowerPoint), Internet and E-mail Concepts |
| GE-II | Public Finance | Generic Elective | 6 | Role of Government in Economy, Public Expenditure, Public Revenue (Taxation), Public Debt, Fiscal Federalism in India |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-501 | Goods & Service Tax (GST) & Customs Law | Core | 6 | Introduction to GST, Levy and Collection of GST, Input Tax Credit, Customs Act 1962, Valuation and Duties under Customs |
| DSC-502 | Fundamentals of Financial Management | Core | 6 | Overview of Financial Management, Capital Budgeting Decisions, Working Capital Management, Cost of Capital, Capital Structure Theories |
| DSE-I | Fundamentals of Investment | Discipline Specific Elective (Accounting & Finance Group) | 6 | Investment Environment, Risk and Return Analysis, Security Analysis (Equity & Debt), Portfolio Management, Mutual Funds and Derivatives |
| DSE-II | Indirect Tax Law | Discipline Specific Elective (Accounting & Finance Group) | 6 | Central Excise Act, Service Tax, Value Added Tax (VAT), Customs Duty Procedures, GST Transition and Impact |
| GE-III | Principles of Macroeconomics | Generic Elective | 6 | National Income Determination, Keynesian Model, Money, Banking and Financial Markets, Inflation, Deflation and Unemployment, Open Economy Macroeconomics |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSC-601 | Auditing and Corporate Governance | Core | 6 | Introduction to Auditing, Internal Control System, Vouching and Verification, Company Audit, Concepts of Corporate Governance |
| DSC-602 | Management Accounting | Core | 6 | Nature of Management Accounting, Analysis of Financial Statements, Fund Flow Statement, Cash Flow Statement, Budgetary Control |
| DSE-III | Banking and Insurance | Discipline Specific Elective (Accounting & Finance Group) | 6 | Indian Banking System, Commercial Banks and their Functions, Reserve Bank of India, Principles of Insurance, Types of Insurance Products |
| DSE-IV | Project Work / Viva Voce | Discipline Specific Elective (Accounting & Finance Group) | 6 | Research Problem Identification, Data Collection and Analysis, Report Writing and Formatting, Presentation Skills, Viva Voce Preparation |
| GE-IV | Basic Computer Fundamentals | Generic Elective | 6 | Introduction to Computers, Hardware and Software Concepts, Operating Systems, Networking Basics, Cyber Security Awareness |
