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B-COM-HONOURS in Accountancy at Khudiram Bose Central College
Kolkata, West Bengal
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About the Specialization
What is Accountancy at Khudiram Bose Central College Kolkata?
This Accountancy program at Khudiram Bose Central College focuses on developing a strong foundation in financial reporting, taxation, auditing, and corporate finance. Rooted in the Choice Based Credit System (CBCS) of the University of Calcutta, it equips students with essential skills for the dynamic Indian economy. The curriculum emphasizes both theoretical knowledge and practical application, preparing graduates for key roles in various financial sectors.
Who Should Apply?
This program is ideal for high school graduates with a strong aptitude for numbers and an interest in business finance and compliance. It suits those aspiring to become chartered accountants, financial analysts, tax consultants, or auditors. Working professionals seeking to formalize their accounting knowledge or career changers aiming for roles in the finance and accounting domain will also find this program beneficial.
Why Choose This Course?
Graduates can expect diverse career paths in India, including roles as accountants, auditors, tax practitioners, financial consultants, and banking professionals. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential up to INR 8-15 LPA for experienced professionals. The program also provides a solid foundation for pursuing professional certifications like CA, CMA, and CS.
Student Success Practices
Foundation Stage
Master Core Accounting Principles- (Semester 1-2)
Focus intensely on Financial Accounting I and Corporate Accounting. Utilize textbooks, online tutorials (e.g., ICAI resources, NPTEL for conceptual clarity), and solve numerous practical problems to build a strong theoretical and practical base.
Tools & Resources
Official textbooks, ICAI study materials, Tally Education resources
Career Connection
Strong fundamentals are crucial for all advanced accounting roles and professional exams like CA/CS/CMA foundation, enabling accurate financial reporting.
Develop Legal Acumen for Business- (Semester 1-2)
Pay close attention to Business Law and Company Law. Create mind maps or flowcharts to understand legal provisions and case studies. Join college debates or moot court simulations related to corporate law and governance to enhance understanding.
Tools & Resources
Bare Acts (Indian Contract Act, Companies Act), Online legal resources like Indian Kanoon, College legal/debate clubs
Career Connection
Essential for roles in compliance, corporate secretarial services, and legal advisory within finance, ensuring adherence to regulatory frameworks.
Hone Professional Communication Skills- (Semester 1-2)
Actively participate in the AECC English/MIL Communication course. Practice written reports, presentations, and group discussions. Join college clubs focused on public speaking or content writing to improve articulation and presentation skills.
Tools & Resources
Grammarly, Toastmasters International (local chapters), College literary/communication clubs
Career Connection
Critical for client interactions, team collaboration, and presenting complex financial reports effectively in any professional setting, enhancing career progression.
Intermediate Stage
Gain Practical Tax & Audit Exposure- (Semester 3-4)
Excel in Income Tax Law & Practice and Auditing & Assurance. Attend workshops on ITR filing, GST compliance, and audit procedures. Consider volunteering for local tax consulting or audit firms during semester breaks for hands-on experience.
Tools & Resources
Income Tax Act, GST Act, Tally ERP 9, Audit software demos, Local CA/Tax consultant firms
Career Connection
Direct path to roles as tax consultants, internal auditors, or statutory auditors, providing practical skills highly valued by employers.
Master Costing & Computerized Accounting Software- (Semester 3-4)
Focus on Cost Accounting and Computerised Accounting & E-Filling. Practice extensively with accounting software (e.g., Tally) for ledger entries, payroll, and GST filing. Pursue certifications in relevant accounting software to demonstrate proficiency.
Tools & Resources
Tally ERP 9/Prime, Microsoft Excel (advanced features), Online courses on accounting software
Career Connection
Highly sought-after skills for cost accountants, management accountants, and roles involving efficient financial data entry, processing, and reporting.
Cultivate an Entrepreneurial Mindset- (Semester 3-4)
Engage with Entrepreneurship Development & Business Ethics. Participate in college business plan competitions or startup workshops. Identify local business problems and conceptualize innovative solutions, enhancing problem-solving abilities.
Tools & Resources
NEN (National Entrepreneurship Network) resources, Startup incubators/accelerators, Business magazines (e.g., Forbes India)
Career Connection
Develops critical thinking, innovative problem-solving, and leadership skills valuable for both entrepreneurship and strategic roles in established corporations.
Advanced Stage
Deepen Financial Analysis Skills- (Semester 5-6)
Master Management Accounting and DSE papers like Advanced Financial Accounting. Focus on ratio analysis, fund flow, cash flow, and financial statement analysis. Practice with real-world Indian company financial reports to apply theoretical knowledge.
Tools & Resources
Official company financial statements (BSE/NSE websites), Advanced Excel for financial modeling, Financial news portals
Career Connection
Essential for financial analyst, financial controller, and investment banking roles, enabling informed decision-making.
Specialise and Apply Technology in Business- (Semester 5-6)
Leverage DSEs like Computer Application in Business and choose a meaningful Project Work. Learn advanced data analysis tools (e.g., Power BI, SQL for financial data). Undertake projects that solve real business problems or analyze market trends.
Tools & Resources
Power BI, Tableau, SQL tutorials, Research databases (e.g., ProQuest, EBSCO)
Career Connection
Enhances employability for data-driven accounting and finance roles, making you a T-shaped professional with both domain expertise and technological prowess.
Prepare for Professional Readiness & Placements- (Semester 5-6)
Actively participate in placement cell activities, mock interviews, and resume building workshops. Network with alumni and industry professionals on platforms like LinkedIn. Start preparing for entrance exams for professional certifications (CA Final, ACCA, CMA) or higher studies immediately.
Tools & Resources
LinkedIn, College placement cell, Online interview preparation platforms (e.g., Naukri, Glassdoor), Professional body websites
Career Connection
Directly leads to successful placements in top accounting and finance firms and accelerates career progression post-graduation in the competitive Indian job market.
Program Structure and Curriculum
Eligibility:
- Pass in Higher Secondary (10+2) or equivalent examination from a recognized board. For B.Com (Hons) Accountancy: Minimum 50% marks in aggregate and 45% marks in the subject concerned (e.g., Accountancy, Business Economics) at the previous qualifying examination OR 55% marks in the subject concerned at the previous qualifying examination.
Duration: 3 years (6 semesters)
Credits: 140 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 1.1 CHG | Financial Accounting I | Core Course | 6 | Basic Concepts of Accounting, Accounting Standards (Ind AS, IFRS overview), Depreciation Accounting, Branch Accounts, Departmental Accounts |
| CC 1.2 CHG | Business Law | Core Course | 6 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Indian Partnership Act, 1932, Limited Liability Partnership Act, 2008 |
| GE 1 | Business Statistics | Generic Elective (Example) | 6 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers, Time Series Analysis |
| AECC 1.1 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Concept of Environment and Ecosystem, Natural Resources and their Management, Biodiversity and its Conservation, Environmental Pollution and Control, Social Issues and the Environment |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 2.1 CHG | Corporate Accounting | Core Course | 6 | Issue and Forfeiture of Shares, Issue and Redemption of Debentures, Valuation of Goodwill and Shares, Amalgamation and Absorption of Companies, Accounting for Reconstruction |
| CC 2.2 CHG | Company Law | Core Course | 6 | Companies Act, 2013: Basic Concepts, Incorporation of Company, Memorandum and Articles of Association, Share Capital and Debentures, Meetings and Winding Up |
| GE 2 | Principles of Management | Generic Elective (Example) | 6 | Nature and Significance of Management, Planning and Decision Making, Organizing and Departmentation, Motivation and Leadership, Controlling and Coordination |
| AECC 2.1 | English / MIL Communication | Ability Enhancement Compulsory Course | 2 | Grammar and Vocabulary, Reading Comprehension, Paragraph and Essay Writing, Business Correspondence, Report Writing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 3.1 CHG | Income Tax Law & Practice | Core Course | 6 | Basic Concepts of Income Tax, Residential Status and Tax Liability, Heads of Income (Salary, House Property, PGBP), Capital Gains, Other Sources, Deductions from Gross Total Income, ITR Filing |
| CC 3.2 CHG | Indian Financial System | Core Course | 6 | Structure of Indian Financial System, Money Market and Capital Market, Financial Institutions (Banks, NBFCs), Financial Instruments (Bonds, Shares, Derivatives), Role of SEBI and RBI |
| CC 3.3 CHG | Auditing & Assurance | Core Course | 6 | Fundamentals of Auditing, Internal Control System, Audit Procedures and Techniques, Audit Report, Types of Audit and Auditor''''s Responsibilities |
| GE 3 | Human Resource Management | Generic Elective (Example) | 6 | Introduction to HRM, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Management |
| SEC 3.1 | E-Commerce & Business Communication | Skill Enhancement Course | 2 | E-Commerce Models and Strategies, E-Payment Systems and Security, Digital Marketing Basics, Communication Process, Business Report Writing and Presentation |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 4.1 CHG | Cost Accounting | Core Course | 6 | Cost Concepts and Classification, Cost Sheet Preparation, Material Costing (Inventory Control), Labour Costing (Remuneration Methods), Overhead Costing and Allocation |
| CC 4.2 CHG | Computerised Accounting & E-Filling | Core Course | 6 | Introduction to Computerised Accounting (e.g., Tally), Ledger and Voucher Management, Payroll Accounting, GST E-Filing Process, TDS/TCS E-Filing |
| CC 4.3 CHG | Entrepreneurship Development & Business Ethics | Core Course | 6 | Concept of Entrepreneurship and Innovation, Business Plan Preparation, Sources of Finance for Start-ups, Ethical Dilemmas in Business, Corporate Social Responsibility and Governance |
| GE 4 | Financial Management | Generic Elective (Example) | 6 | Goals of Financial Management, Capital Budgeting Decisions, Working Capital Management, Cost of Capital, Leverage Analysis |
| SEC 4.1 | Principles of Marketing | Skill Enhancement Course | 2 | Core Concepts of Marketing, Marketing Environment, Consumer Behavior, Product Life Cycle and Branding, Pricing and Promotion Strategies |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 5.1 CHG | Management Accounting | Core Course | 6 | Nature and Scope of Management Accounting, Budgetary Control, Standard Costing, Marginal Costing and Break-even Analysis, Fund Flow and Cash Flow Statements |
| CC 5.2 CHG | Principles of Microeconomics | Core Course | 6 | Demand and Supply Analysis, Consumer Behavior (Utility and Indifference Curve), Production Function and Cost Curves, Market Structures (Perfect Competition, Monopoly), Pricing Strategies |
| DSE 5.1 CHG A | Advanced Financial Accounting | Discipline Specific Elective (Accountancy) | 6 | Partnership Accounts (Admission, Retirement, Dissolution), Insolvency Accounts, Royalty Accounts, Investment Accounts, Accounting for Government Grants |
| DSE 5.2 CHG A | Banking & Insurance | Discipline Specific Elective (Accountancy) | 6 | Structure of Indian Banking System, Commercial Banks and Central Bank (RBI), E-Banking and Digital Payments, Principles of Insurance, Types of Insurance (Life, General) |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 6.1 CHG | Indirect Tax (GST & Customs) | Core Course | 6 | Concept of Goods and Services Tax (GST), Levy and Collection of GST, Input Tax Credit (ITC), Valuation and Payment under GST, Customs Act (Types of Duties, Valuation) |
| CC 6.2 CHG | Indian Economy | Core Course | 6 | Basic Characteristics of Indian Economy, Agriculture Sector in India, Industrial Sector and Policies, Service Sector Growth, Economic Reforms and Challenges |
| DSE 6.1 CHG A | Computer Application in Business | Discipline Specific Elective (Accountancy) | 6 | MS Office for Business (Word, Excel, PowerPoint), Data Analysis with Spreadsheet (Functions, Pivot Tables), Database Management Systems (MS Access), Internet and E-Business Applications, Cyber Security Fundamentals |
| DSE 6.2 CHG A | Project Work / Entrepreneurship Project | Discipline Specific Elective (Accountancy) | 6 | Research Methodology and Design, Data Collection and Analysis Techniques, Report Writing and Documentation, Presentation Skills, Practical Application of Accounting/Business Concepts |
