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BACHELOR-OF-COMMERCE-B-COM-HONS in Accountancy at Maharaja Bir Bikram College
West Tripura, Tripura
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About the Specialization
What is Accountancy at Maharaja Bir Bikram College West Tripura?
This Accountancy program at Bir Bikram Memorial College focuses on equipping students with a profound understanding of accounting principles, financial reporting, taxation, and auditing practices. It is tailored to meet the evolving demands of the Indian financial sector, emphasizing compliance, data analysis, and strategic financial decision-making for various business entities.
Who Should Apply?
This program is ideal for 10+2 graduates aspiring to build a career in finance and accounting. It also suits individuals seeking to enter roles such as accountants, tax consultants, auditors, or financial analysts in India. Strong analytical skills and an aptitude for numbers are beneficial prerequisites for this specialization.
Why Choose This Course?
Graduates of this program can expect to pursue dynamic career paths in India''''s robust financial services, manufacturing, or IT sectors. 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 curriculum also aligns with foundational requirements for professional certifications like CA, CMA, and CS.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals- (Semester 1-2)
Thoroughly understand core accounting concepts, journal entries, ledger posting, and preparation of final accounts. Practice regularly with diverse problem sets from textbooks and online platforms to build a strong theoretical and practical base.
Tools & Resources
NCERT Accountancy textbooks (Class 11 & 12), Online accounting tutorials (e.g., ICAI resources, YouTube channels), Practice sets from reference books
Career Connection
A solid foundation is critical for excelling in advanced accounting subjects and forms the bedrock for professional examinations like CA Foundation.
Develop Strong Mathematical & Statistical Skills- (Semester 1-2)
Focus on enhancing skills in Business Mathematics and Statistics, which are crucial for financial analysis. Attend extra sessions, solve practice problems, and utilize online courses to strengthen quantitative aptitude early on.
Tools & Resources
Khan Academy (Mathematics & Statistics), NPTEL courses on Business Math/Stats, Practice books for competitive exams
Career Connection
Quantitative skills are highly valued in financial analysis, risk management, and economic forecasting roles, improving analytical job prospects.
Cultivate Effective Communication- (Semester 1-2)
Actively participate in group discussions, presentations, and debates. Focus on improving both written and oral communication skills, which are essential for professional interactions and report writing in accounting and finance.
Tools & Resources
Toastmasters International (local chapters), Online English communication courses, Reading business newspapers (e.g., The Economic Times, Business Standard)
Career Connection
Strong communication leads to better client interaction, team collaboration, and higher chances of success in interviews and leadership roles.
Intermediate Stage
Gain Practical Software Proficiency (Tally & Excel)- (Semester 3-5)
Dedicate time to master accounting software like Tally ERP 9/Prime and advanced Excel functions relevant to accounting and finance. Seek certifications or complete projects using these tools.
Tools & Resources
Tally official courses, Udemy/Coursera courses on Advanced Excel for Finance, College computer lab resources
Career Connection
Proficiency in Tally and Excel is a non-negotiable skill for most accounting and finance roles in India, significantly boosting employability.
Engage in Case Study Analysis & Projects- (Semester 3-5)
Actively participate in solving case studies related to corporate accounting, taxation, and financial management. Undertake small-scale projects to apply theoretical knowledge to real-world business scenarios.
Tools & Resources
Harvard Business Review case studies, ICAI study materials (for case studies), Guidance from faculty mentors
Career Connection
Case study experience develops critical thinking and problem-solving skills, highly sought after by recruiters for analytical positions.
Start Networking & Industry Exploration- (Semester 3-5)
Attend webinars, industry seminars, and workshops related to accounting, finance, and taxation. Connect with professionals on platforms like LinkedIn to understand industry trends and career paths.
Tools & Resources
LinkedIn, Industry conferences (e.g., those hosted by ICAI, FICCI), College career counseling cell
Career Connection
Early networking can open doors to internship opportunities and provide valuable insights for career planning and job searches.
Advanced Stage
Pursue Internships in Relevant Fields- (Semester 6)
Secure internships with accounting firms, corporate finance departments, or tax consultants. Focus on gaining hands-on experience in auditing, tax compliance, financial reporting, or management accounting.
Tools & Resources
College placement cell, Online internship platforms (Internshala, LinkedIn), Networking contacts
Career Connection
Internships are crucial for practical exposure, building a professional network, and often lead to pre-placement offers, accelerating career entry.
Intensive Placement Preparation- (Semester 6)
Engage in rigorous preparation for campus placements or job applications. This includes mock interviews, group discussion practice, aptitude test preparation, and resume building workshops.
Tools & Resources
College career services, Online aptitude test platforms (e.g., IndiaBix), Professional resume builders
Career Connection
Comprehensive preparation ensures students are job-ready and confident, significantly increasing their chances of securing desirable placements.
Begin Professional Certification Journey- (Semester 6 onwards)
For those aiming for higher professional roles, consider beginning preparation for certifications like CA, CMA, CS, or ACCA alongside final year studies. Focus on foundational papers relevant to your specialization.
Tools & Resources
ICAI, ICMAI, ICSI study materials, Coaching institutes for professional exams, Online communities for exam preparation
Career Connection
Professional certifications are game-changers in the Indian finance industry, opening doors to leadership roles, higher salaries, and specialized expertise.
Program Structure and Curriculum
Eligibility:
- 10+2 examination with Commerce stream or equivalent from a recognized board/council.
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 |
|---|---|---|---|---|
| CC 1.1 | Financial Accounting-I | Core | 6 | Accounting Principles & Standards, Journal, Ledger & Trial Balance, Final Accounts of Sole Proprietorship, Partnership Accounts Fundamentals, Introduction to Company Accounts |
| CC 1.2 | Business Law | Core | 6 | Indian Contract Act 1872, Sale of Goods Act 1930, Indian Partnership Act 1932, Negotiable Instruments Act 1881, Limited Liability Partnership Act 2008 |
| AECC 1.1 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Multidisciplinary Nature of Environmental Studies, Ecosystems, Biodiversity & Conservation, Environmental Pollution, Social Issues & the Environment |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 2.1 | Corporate Accounting | Core | 6 | Issue & Forfeiture of Shares, Issue & Redemption of Debentures, Amalgamation & Reconstruction, Accounting for Holding Companies, Valuation of Goodwill & Shares |
| CC 2.2 | Corporate Laws | Core | 6 | Company Formation, Share Capital & Membership, Management & Administration, Company Meetings, Winding Up of Companies |
| AECC 2.1 | English Communication | Ability Enhancement Compulsory Course | 2 | Communication Theory, Reading Comprehension, Business Correspondence, Oral Presentation Skills, Report Writing |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 3.1 | Income Tax Law & Practice | Core | 6 | Basic Concepts of Income Tax, Residential Status & Tax Incidence, Heads of Income (Salaries, House Property, PGBP), Capital Gains & Income from Other Sources, Deductions from Gross Total Income, Assessment Procedures |
| CC 3.2 | Auditing & Corporate Governance | Core | 6 | Principles of Auditing, Internal Control System, Vouching & Verification, Company Audit, Audit Report, Corporate Governance Framework |
| CC 3.3 | Business Statistics | Core | 6 | Data Collection & Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis, Index Numbers |
| SEC 3.1 | E-Commerce | Skill Enhancement Course | 4 | Introduction to E-Commerce, E-Commerce Business Models, E-Payment Systems, E-Marketing, E-Security |
| GE 3.1 | Principles of Microeconomics | Generic Elective | 6 | Demand & Supply Analysis, Consumer Behavior, Production & Costs, Market Structures, Factor Pricing |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 4.1 | Cost Accounting | Core | 6 | Cost Concepts & Classifications, Material Costing, Labour Costing, Overhead Allocation, Cost Sheet Preparation, Reconciliation of Cost & Financial Accounts |
| CC 4.2 | Computer Applications in Business | Core | 6 | MS-Word for Business Documents, MS-Excel for Data Analysis, MS-PowerPoint for Presentations, Database Management Systems (DBMS), Tally ERP 9/Prime for Accounting |
| CC 4.3 | Business Mathematics | Core | 6 | Matrices & Determinants, Calculus (Differentiation & Integration), Financial Mathematics (Simple & Compound Interest), Set Theory, Probability |
| SEC 4.1 | Entrepreneurship | Skill Enhancement Course | 4 | Entrepreneurial Mindset, Business Idea Generation, Business Plan Development, Funding Sources, Legal & Ethical Aspects of Entrepreneurship |
| GE 4.1 | Principles of Macroeconomics | Generic Elective | 6 | National Income Accounting, Theories of Employment, Money & Banking, Inflation, Fiscal & Monetary Policies |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 5.1 | Principles of Marketing | Core | 6 | Marketing Environment, Market Segmentation & Targeting, Product Decisions, Pricing Strategies, Promotion Mix, Distribution Channels |
| CC 5.2 | Fundamentals of Financial Management | Core | 6 | Objectives of Financial Management, Capital Budgeting, Cost of Capital, Capital Structure Decisions, Working Capital Management, Dividend Policy |
| DSE 5.1 | Advanced Financial Accounting | Discipline Specific Elective (Accountancy) | 6 | Accounting for Amalgamation & Internal Reconstruction, Consolidated Financial Statements, Accounting Standards (AS), Value Added Statement, Human Resource Accounting |
| DSE 5.2 | Management Accounting | Discipline Specific Elective (Accountancy) | 6 | Nature & Scope of Management Accounting, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Budgetary Control, Standard Costing & Variance Analysis |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC 6.1 | Goods and Service Tax (GST) & Customs Law | Core | 6 | GST Concepts & Structure, Input Tax Credit, GST Registration & Returns, Valuation under GST, Customs Act & Duties, Appeals & Revisions |
| CC 6.2 | Banking and Insurance | Core | 6 | Banking System in India, Commercial Banking Operations, RBI & Monetary Policy, Types of Insurance, IRDAI Regulations, Risk Management in Insurance |
| DSE 6.1 | Financial Reporting & Analysis | Discipline Specific Elective (Accountancy) | 6 | Financial Statement Analysis Techniques, Ratio Analysis, Cash Flow Analysis, Segment Reporting, Interim Financial Reporting, Corporate Social Responsibility Reporting |
| DSE 6.2 | Project Work | Discipline Specific Elective (Accountancy) | 6 | Research Problem Formulation, Literature Review, Data Collection Methods, Data Analysis & Interpretation, Project Report Writing, Presentation & Viva-Voce |
