.png&w=1920&q=75)
BCOM-COMMERCE in General at Mahatma Gandhi Government Arts College, Mahe
Mahe, Puducherry
.png&w=1920&q=75)
About the Specialization
What is General at Mahatma Gandhi Government Arts College, Mahe Mahe?
This BCom Commerce program at Mahatma Gandhi Government Arts College, Mahe focuses on equipping students with a strong foundation in various facets of business and finance. It emphasizes core subjects like accounting, economics, law, and management, essential for navigating the dynamic Indian commercial landscape. The program distinguishes itself by its comprehensive curriculum designed to foster analytical and decision-making skills, meeting the growing demand for skilled professionals in India''''s rapidly expanding economy.
Who Should Apply?
This program is ideal for fresh 10+2 graduates seeking entry into accounting, finance, banking, or general business administration roles. It also suits individuals with an aptitude for numbers and a keen interest in understanding the intricacies of commerce. Future entrepreneurs and those aiming for higher studies like M.Com, MBA, or professional certifications like CA/CS/CMA will find this program a solid preparatory ground. A basic understanding of commerce or mathematics in high school is a beneficial prerequisite.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as Accountants, Auditors, Financial Analysts, Tax Consultants, Marketing Executives, and Bank Officers. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential up to INR 8-15 LPA with experience and specialized skills. The program also provides a strong academic base for pursuing professional certifications and advanced degrees, contributing to leadership roles in Indian companies and public sector undertakings.
Student Success Practices
Foundation Stage
Build Strong Accounting and Economic Fundamentals- (Semester 1-2)
Dedicate consistent time to understanding basic accounting principles, double-entry systems, and economic theories. Practice journal entries, ledger postings, and demand-supply graphs regularly. Form study groups to clarify concepts with peers and senior students.
Tools & Resources
T.S. Grewal, H.C. Dhingra textbooks, Khan Academy, Investopedia
Career Connection
A robust foundation in accounting and economics is crucial for roles in finance, auditing, and business analysis, ensuring accuracy and informed decision-making in any commercial venture.
Enhance Communication and Basic IT Skills- (Semester 1-2)
Actively participate in English language classes, focusing on written and verbal communication. Utilize basic computer applications like MS Word, Excel, and PowerPoint for assignments and presentations. Seek opportunities for public speaking or debates within the college.
Tools & Resources
MS Office Suite, Online grammar tools, College communication labs
Career Connection
Strong communication skills are vital for corporate interactions and client management, while basic IT proficiency is a non-negotiable requirement for almost all entry-level commerce jobs in India.
Develop a Practical Mindset for Business- (Semester 1-2)
Engage with the practical aspects of commerce by reading business newspapers (e.g., Economic Times, Business Standard) and magazines. Follow market trends and discuss current business news with faculty and peers. Look for opportunities to observe local businesses.
Tools & Resources
Financial news apps, Business journals, College departmental events
Career Connection
Cultivating a practical understanding of the business environment from an early stage helps in connecting theoretical knowledge with real-world scenarios, making you a more effective and adaptable professional.
Intermediate Stage
Master Corporate and Cost Accounting Applications- (Semester 3-4)
Focus intently on corporate accounting treatments for shares, debentures, amalgamations, and cost accounting methods. Solve numerous case studies and practical problems related to company final accounts and cost sheet preparation. Seek mentorship from faculty for complex scenarios.
Tools & Resources
M.C. Shukla, S.N. Maheshwari textbooks, Accounting software tutorials, Previous year question papers
Career Connection
Proficiency in corporate and cost accounting is highly valued for roles in corporate finance, auditing, and management accounting departments of Indian companies, facilitating accurate financial reporting and cost control.
Understand and Apply Business and Company Law- (Semester 3-4)
Pay close attention to the Indian Contract Act, Sale of Goods Act, and especially Company Law provisions. Create flowcharts or mind maps to understand legal processes and participate in mock legal case discussions. Stay updated on recent amendments to Indian business laws.
Tools & Resources
Bare Acts for key laws, Taxmann.com for updates, Case study books
Career Connection
Knowledge of business and company law is essential for compliance roles, legal advisory in firms, and for entrepreneurs to ensure legal adherence in their ventures, protecting business interests in India.
Develop Advanced Spreadsheet and E-Commerce Skills- (Semester 3-4)
Go beyond basic Excel; learn advanced functions, pivot tables, data validation, and macros relevant for business analysis. Explore E-commerce platforms, understand their business models, and even try setting up a mock online store or marketing campaign to grasp the practicalities.
Tools & Resources
Advanced Excel tutorials (e.g., Udemy, Coursera free courses), E-commerce platforms (Amazon, Flipkart seller guides), Social media marketing tools
Career Connection
Advanced Excel skills are indispensable for financial modeling, data analysis, and reporting. E-commerce knowledge opens doors to digital marketing, online business operations, and supply chain management roles in India''''s growing digital economy.
Advanced Stage
Specialize and Gain Practical Financial Acumen- (Semester 5-6)
Deep dive into your chosen DSE subjects (e.g., Investment Management, Financial Markets, Computerized Accounting). Engage in mock stock trading, analyze financial statements of Indian companies, and practice using accounting software like Tally. Pursue relevant certifications if feasible.
Tools & Resources
BSE/NSE websites, Moneycontrol.com, Tally ERP 9 software, NCFM/NISM certifications (optional)
Career Connection
Specialization through DSEs, combined with practical financial acumen, prepares you for specific roles in the Indian financial sector, such as equity research, portfolio management, or robust accounting support.
Master Indian Taxation and Management Reporting- (Semester 5-6)
Thoroughly understand Income Tax laws, Goods & Services Tax (GST) regulations, and their practical application for individuals and businesses in India. Practice tax computations and GST return filing procedures. Learn to prepare management reports using budgetary control and ratio analysis.
Tools & Resources
ICAI study material for tax, Income Tax Department portal, GSTN portal, Textbooks by V.K. Singhania, E.T. Gurbaxani
Career Connection
Expertise in Indian taxation and management accounting is highly sought after by accounting firms, tax consultancies, and corporate finance departments, offering roles as Tax Consultants, Compliance Officers, or Management Accountants.
Refine Research and Interview Skills for Placements- (Semester 6)
Apply research methodology concepts to a small project or case study, focusing on data analysis and report writing. Actively participate in campus placement drives, attend workshops on resume building, group discussions, and interview preparation. Network with alumni for career guidance.
Tools & Resources
Online resume builders, LinkedIn for networking, Mock interview platforms, College career guidance cell
Career Connection
Strong research skills are valuable for analytical roles, while well-honed interview skills are critical for securing coveted positions in Indian companies, ensuring a smooth transition from academics to the professional world.
Program Structure and Curriculum
Eligibility:
- Passed H.Sc. (10+2) examination or its equivalent with Commerce/Accountancy/Economics/Mathematics as one of the subjects.
Duration: 6 semesters / 3 years
Credits: 122 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| LANG-101 | Part-I Language I | Core | 3 | Grammar and Usage, Prose and Poetry, Communication Skills, Translation, Cultural Aspects |
| ENGL-101 | Part-II English I | Core | 3 | Communication Process, Listening Skills, Speaking Skills, Reading Comprehension, Basic Writing Skills |
| B.Com. C-101 | Financial Accounting I | Core | 4 | Introduction to Accounting, Accounting Process, Final Accounts, Accounting for Non-Profit Organizations, Rectification of Errors and Single Entry System |
| B.Com. C-102 | Business Economics | Core | 4 | Introduction to Economics, Demand Analysis, Production Analysis, Cost Analysis, Market Structures |
| B.Com. A-101 | Statistics for Commerce | Allied | 4 | Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis and Index Numbers |
| B.Com. S-101 | Computer Applications in Commerce | Skill Based Elective | 3 | Introduction to Computers, MS Word, MS Excel, MS PowerPoint, Internet and E-commerce |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| LANG-202 | Part-I Language II | Core | 3 | Advanced Grammar, Poetic Devices, Creative Writing, Comprehension, Cultural Literature |
| ENGL-202 | Part-II English II | Core | 3 | Advanced Communication, Public Speaking, Presentation Skills, Report Writing, Critical Reading |
| B.Com. C-203 | Financial Accounting II | Core | 4 | Accounting for Consignment, Joint Venture Accounts, Branch Accounts, Departmental Accounts, Hire Purchase and Installment Systems |
| B.Com. C-204 | Marketing Management | Core | 4 | Introduction to Marketing, Product Decisions, Pricing Decisions, Promotion Decisions, Channel Decisions |
| B.Com. A-202 | Business Law | Allied | 4 | Indian Contract Act 1872, Sale of Goods Act 1930, Negotiable Instruments Act 1881, Consumer Protection Act 2019, Special Contracts |
| B.Com. S-202 | Entrepreneurial Development | Skill Based Elective | 3 | Concept of Entrepreneurship, Entrepreneurial Motivation, Project Formulation, Small Business Management, Institutional Support to Entrepreneurs |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| LANG-303 | Part-I Language III | Core | 3 | Literary Criticism, Advanced Prose, Short Stories, Cultural History, Creative Expression |
| ENGL-303 | Part-II English III | Core | 3 | Official Correspondence, Resume Writing, Interview Skills, Group Discussions, Public Relations |
| B.Com. C-305 | Corporate Accounting I | Core | 4 | Issue and Forfeiture of Shares, Debentures, Redemption of Preference Shares, Redemption of Debentures, Valuation of Goodwill and Shares |
| B.Com. C-306 | Business Environment | Core | 4 | Economic Environment, Socio-Cultural Environment, Political-Legal Environment, Technological Environment, Global Environment |
| B.Com. A-303 | Business Mathematics | Allied | 4 | Set Theory, Matrices, Commercial Arithmetic, Differential Calculus, Integral Calculus |
| B.Com. S-303 | Excel for Business | Skill Based Elective | 3 | Introduction to MS Excel, Data Entry and Formatting, Formulas and Functions, Data Analysis Tools, Charts and Pivot Tables |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| LANG-404 | Part-I Language IV | Core | 3 | Comparative Literature, Advanced Poetics, Research Methods in Language, Essay Writing, Cultural Studies |
| ENGL-404 | Part-II English IV | Core | 3 | Business Correspondence, Professional Ethics, Cross-Cultural Communication, Digital Communication, Presentation Techniques |
| B.Com. C-407 | Corporate Accounting II | Core | 4 | Final Accounts of Companies, Amalgamation, Absorption and Reconstruction, Holding Companies Accounts, Liquidation Accounts, Cash Flow Statement |
| B.Com. C-408 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Operating and Uniform Costing |
| B.Com. A-404 | Company Law | Allied | 4 | Company Formation, Share Capital and Debentures, Company Management and Meetings, Winding Up, SEBI Act |
| B.Com. S-404 | E-Commerce | Skill Based Elective | 3 | Introduction to E-Commerce, E-Payment Systems, E-Marketing, E-Security, E-Governance and EDI |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| B.Com. C-509 | Advanced Accounting | Core | 4 | Partnership Accounts, Dissolution of Partnership Firm, Accounting for Banking Companies, Accounting for Insurance Companies, Royalties and Insolvency Accounts |
| B.Com. C-510 | Auditing | Core | 4 | Introduction to Auditing, Internal Control, Vouching and Verification, Company Auditor, Audit Report and Investigation |
| B.Com. C-511 | Financial Management | Core | 4 | Introduction to Financial Management, Capital Budgeting, Cost of Capital, Working Capital Management, Dividend Policy and Leverage |
| B.Com. D-501 | Investment Management | Discipline Specific Elective I | 4 | Investment Avenues, Risk and Return, Portfolio Analysis, Fundamental Analysis, Technical Analysis |
| B.Com. D-502 | International Business | Discipline Specific Elective I | 4 | International Trade Theories, Balance of Payments, Foreign Exchange Markets, International Financial Institutions, Globalisation |
| B.Com. D-503 | Computerized Accounting (Tally) | Discipline Specific Elective I | 4 | Introduction to Tally ERP 9, Company Creation and Ledgers, Vouchers, Inventory Management, Financial Statements and Reporting |
| B.Com. S-505 | Banking Theory and Practice | Skill Based Elective | 3 | Commercial Banks, Central Bank (RBI), Banker-Customer Relationship, Negotiable Instruments, E-Banking |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| B.Com. C-612 | Income Tax Law & Practice | Core | 4 | Basic Concepts of Income Tax, Income from Salary, Income from House Property, Profits and Gains of Business or Profession, Capital Gains and Other Sources |
| B.Com. C-613 | Goods & Services Tax (GST) | Core | 4 | Introduction to GST, Levy and Collection of Tax, Time and Value of Supply, Input Tax Credit, Registration and Returns |
| B.Com. C-614 | Management Accounting | Core | 4 | Introduction to Management Accounting, Analysis and Interpretation of Financial Statements, Fund Flow Statement, Cash Flow Statement, Budgetary Control and Marginal Costing |
| B.Com. D-604 | Financial Markets and Institutions | Discipline Specific Elective II | 4 | Indian Financial System, Money Market, Capital Market, SEBI and Mutual Funds, Commercial Banks and NBFCs |
| B.Com. D-605 | Human Resource Management | Discipline Specific Elective II | 4 | Introduction to HRM, HR Planning and Recruitment, Selection and Placement, Training and Development, Performance Appraisal |
| B.Com. D-606 | Export-Import Procedures and Documentation | Discipline Specific Elective II | 4 | Export-Import Policy, Export Documentation, Import Documentation, Export Finance, Export Promotion Schemes |
| B.Com. S-606 | Research Methodology | Skill Based Elective | 3 | Introduction to Research, Research Design, Data Collection Methods, Sampling, Data Analysis and Report Writing |
