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BACHELOR-OF-COMMERCE in General at Mahatma Gandhi Mahavidyalaya, Kareli
Narsinghpur, Madhya Pradesh
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About the Specialization
What is General at Mahatma Gandhi Mahavidyalaya, Kareli Narsinghpur?
This Bachelor of Commerce program at Mahatma Gandhi Post Graduate College focuses on providing a comprehensive understanding of business principles, financial accounting, economic theories, and legal frameworks. It is designed to equip students with core commercial knowledge essential for navigating the dynamic Indian business landscape. The curriculum emphasizes both theoretical foundations and practical applications relevant to various industries.
Who Should Apply?
This program is ideal for 10+2 graduates with an interest in finance, accounting, and general business administration, seeking a foundational degree for a career in the commercial sector. It also caters to individuals aspiring to pursue higher studies like M.Com, CA, CS, or MBA, looking for a strong conceptual base. Future entrepreneurs and those aiming for government jobs in financial departments would also benefit greatly.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as accountants, financial analysts, tax consultants, auditors, and business development executives. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential as experience increases. The program aligns well with pathways for professional certifications like CA, CS, and CMA, offering a solid academic background.
Student Success Practices
Foundation Stage
Master Core Accounting & Business Concepts- (Semester 1-2)
Dedicate consistent time to understand fundamental accounting principles, economic theories, and business laws from Semesters 1 and 2. Regularly solve numerical problems and case studies from textbooks to solidify conceptual understanding, which forms the bedrock for advanced commerce subjects.
Tools & Resources
Textbooks, study guides, accounting software tutorials (e.g., Tally for basic exposure), online resources like ICAI study material for foundational knowledge.
Career Connection
A strong grasp of fundamentals is crucial for passing competitive exams, professional certifications (CA, CS), and excelling in entry-level accounting and finance roles in India.
Enhance English and Communication Skills- (Semester 1-2)
Actively participate in English language classes, focusing on improving written and verbal communication. Engage in public speaking, group discussions, and presentations to build confidence. Strong communication is vital for professional interactions and interviews in the Indian job market.
Tools & Resources
English newspapers, business magazines, online grammar checkers, language learning apps, college debate clubs, presentation tools like PowerPoint.
Career Connection
Effective communication is a key differentiator in placements, client interactions, and corporate ladder progression across all sectors in India.
Develop Digital Literacy and Cyber Awareness- (Semester 1-2)
Actively engage with the digital awareness and computer application modules. Learn basic office software (MS Word, Excel, PowerPoint) and understand internet security. This is essential for modern business operations and personal data protection.
Tools & Resources
Online tutorials for MS Office, government initiatives like Digital India resources, cyber security awareness programs, practicing online transactions.
Career Connection
Proficiency in digital tools is a basic requirement for almost all office jobs and essential for safe online financial transactions in India.
Intermediate Stage
Engage in Practical Application and Case Studies- (Semester 3-4)
Move beyond theoretical knowledge by seeking out practical applications of subjects like Cost Accounting, Management Accounting, and Company Law. Participate in college workshops, business quizzes, and case study competitions to apply learned concepts to real-world scenarios, understanding their relevance in Indian businesses.
Tools & Resources
Industry reports, business news, case study books, financial newspapers like The Economic Times, business simulation games.
Career Connection
Practical application skills are highly valued by Indian employers, distinguishing candidates who can translate theory into effective business solutions.
Explore Financial Markets and Institutions- (Semester 3-4)
Deepen understanding of the Indian financial system by following market news, reading about RBI policies, SEBI regulations, and the functioning of banks and mutual funds. Consider attending webinars or guest lectures by industry experts to gain insights into current trends and practices.
Tools & Resources
SEBI investor education portal, financial news channels, online stock market simulators, banking and finance blogs.
Career Connection
Essential for roles in banking, investment, financial advisory, and wealth management, providing a significant edge in India''''s growing financial sector.
Network and Build Professional Connections- (Semester 3-4)
Attend college events, seminars, and workshops. Connect with alumni and faculty to understand career paths and industry expectations. Develop soft skills like networking, which are crucial for gaining mentorship and future job opportunities in the Indian professional landscape.
Tools & Resources
LinkedIn, college alumni networks, career fairs, professional bodies like chambers of commerce.
Career Connection
Networking is paramount for job referrals, mentorship, and staying updated with industry trends, significantly boosting career prospects in India.
Advanced Stage
Undertake Meaningful Internships/Projects- (Semester 5-6)
Actively pursue internships (as part of the curriculum or external) in accounting firms, financial institutions, or commercial organizations during Semesters 5 and 6. This hands-on experience with GST, Income Tax, or financial analysis is invaluable for understanding industry operations and building a professional resume in India.
Tools & Resources
Internship portals (Internshala, Naukri), college placement cell, industry contacts, project guides.
Career Connection
Internships are often a direct gateway to pre-placement offers and provide practical skills highly sought after by employers in India''''s competitive job market.
Master Tax Laws and Entrepreneurial Skills- (Semester 5-6)
Focus intensely on GST and Income Tax laws, as these are critical for accounting and compliance roles. Simultaneously, cultivate entrepreneurial skills by working on a detailed business plan or participating in startup challenges, preparing for self-employment or managerial roles.
Tools & Resources
Official GST portal, Income Tax Act publications, startup incubators (virtual/physical), business plan templates.
Career Connection
Expertise in Indian tax laws is a high-demand skill, while entrepreneurial acumen opens doors to startup roles, family business management, or launching own ventures.
Prepare Rigorously for Placements & Higher Studies- (Semester 5-6)
Utilize career counseling services, attend mock interviews, and practice aptitude tests. For those aspiring for higher studies, begin preparing for entrance exams like CAT, XAT, or competitive government exams, leveraging the strong B.Com foundation. Tailor your resume and interview responses to align with specific job roles in the Indian corporate sector.
Tools & Resources
Placement cell resources, online aptitude test platforms (e.g., Indiabix), interview preparation guides, coaching institutes for competitive exams.
Career Connection
Thorough preparation ensures optimal performance in campus placements or secures admission to prestigious postgraduate programs, defining career trajectory in India.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 3 years / 6 semesters
Credits: 152 (Calculated based on mandatory Major, Foundation, and Skill Enhancement components as per NEP 2020 framework. Actual credits may vary slightly based on student''''s choice of optional Minor/Vocational/Elective subjects.) Credits
Assessment: Internal: Varies (25-50% depending on subject type), External: Varies (50-75% depending on subject type)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-101T/P | Financial Accounting | Major | 6 | Accounting Concepts and Principles, Journal, Ledger, Trial Balance, Final Accounts of Sole Proprietorship, Consignment and Joint Venture Accounts, Depreciation Methods |
| BCOM-102T/P | Business Economics | Major | 6 | Introduction to Microeconomics, Demand Analysis and Elasticity, Production Function and Costs, Market Structures and Price Determination, Theory of Rent, Wages, Interest, and Profit |
| BCOM-103T/P | Business Regulatory Framework | Major | 6 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Indian Partnership Act, 1932, Negotiable Instruments Act, 1881, Consumer Protection Act, 2019 |
| HIN101T | Hindi Language and Moral Education | Foundation | 2 | हिन्दी काव्य और गद्य साहित्य, व्याकरण और भाषा ज्ञान, हिन्दी साहित्य का इतिहास, नैतिक मूल्य और जीवन कौशल, भारतीय संस्कृति और परंपरा |
| ENG101T | English Language and Entrepreneurship Development | Foundation | 2 | Basic English Grammar and Vocabulary, Comprehension and Composition, Business Communication Essentials, Introduction to Entrepreneurship, Developing a Business Plan |
| SEC101T | Digital Awareness and Cyber Security | Skill Enhancement | 2 | Fundamentals of Digital Literacy, Internet and Web Technologies, Social Media Best Practices, Introduction to Cyber Security, Cyber Laws and Digital Payments |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-201T/P | Corporate Accounting | Major | 6 | Share Capital and Debentures, Redemption of Preference Shares and Debentures, Amalgamation, Absorption and External Reconstruction, Holding Company Accounts, Liquidation of Companies |
| BCOM-202T/P | Principles of Management | Major | 6 | Nature and Significance of Management, Planning and Decision Making, Organizing and Staffing, Directing, Motivation and Leadership, Controlling and Coordination |
| BCOM-203T/P | Company Law | Major | 6 | Formation and Types of Companies, Memorandum and Articles of Association, Share Capital and Debentures, Company Meetings and Resolutions, Directors and Corporate Governance |
| HIN201T | Hindi Language and Environmental Studies | Foundation | 2 | हिन्दी साहित्य के विविध रूप, पर्यावरण के घटक और पारिस्थितिकी तंत्र, प्रदूषण: कारण और निवारण, पर्यावरण संरक्षण और जैव विविधता, प्राकृतिक संसाधन और उनके प्रबंधन |
| ENG201T | English Language and Personality Development | Foundation | 2 | Advanced English Grammar and Usage, Effective Communication Skills, Components of Personality Development, Public Speaking and Presentation Skills, Interview and Group Discussion Techniques |
| SEC201T | Personality Development | Skill Enhancement | 2 | Self-Awareness and Self-Esteem, Emotional Intelligence and Stress Management, Time Management and Goal Setting, Interpersonal Skills and Teamwork, Leadership and Professional Etiquette |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-301T/P | Advanced Financial Accounting | Major | 6 | Branch Accounts (Dependent & Independent), Departmental Accounts, Insolvency Accounts, Royalty Accounts, Investment Accounts, Accounts of Banking Companies |
| BCOM-302T/P | Auditing and Corporate Governance | Major | 6 | Introduction to Auditing and Types of Audit, Audit Planning and Internal Control, Vouching and Verification of Assets & Liabilities, Audit Report and Professional Ethics, Principles of Corporate Governance and SEBI Guidelines |
| BCOM-303T/P | Cost Accounting | Major | 6 | Nature and Scope of Cost Accounting, Material Cost Control and Valuation, Labour Costing and Overheads, Job, Batch, and Contract Costing, Process Costing and Reconciliation of Cost & Financial Accounts |
| HIN301T | Hindi Language and Value Education | Foundation | 2 | हिन्दी भाषा के विभिन्न रूप, मूल्य शिक्षा की अवधारणा, मानवीय मूल्य और उनका महत्व, राष्ट्रीय चेतना और भारतीय संस्कृति, समकालीन साहित्य और नैतिक संदेश |
| ENG301T | English Language and Computer Application | Foundation | 2 | Advanced English Comprehension and Writing, Report Writing and Official Correspondence, Introduction to MS Office (Word, Excel, PowerPoint), Data Management and Spreadsheet Functions, Internet and Web Browsing for Business |
| SEC301T | Computer Application | Skill Enhancement | 2 | Working with MS Word and Documentation, Data Analysis and Presentation with MS Excel, Creating Effective Presentations with MS PowerPoint, Internet and Email Etiquette, Introduction to E-commerce Platforms |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-401T/P | Management Accounting | Major | 6 | Nature and Scope of Management Accounting, Financial Statement Analysis and Interpretation, Ratio Analysis and Fund Flow Statement, Cash Flow Statement (AS-3), Budgetary Control and Variance Analysis |
| BCOM-402T/P | Indian Financial System | Major | 6 | Overview of Indian Financial System, Money Market and Capital Market Instruments, Role of RBI and SEBI, Commercial Banks and Non-Banking Financial Companies (NBFCs), Mutual Funds and Insurance Companies |
| BCOM-403T/P | Human Resource Management | Major | 6 | Introduction to Human Resource Management, HR Planning, Recruitment and Selection, Training and Development, Performance Appraisal and Compensation Management, Industrial Relations and Employee Grievances |
| HIN401T | Hindi Language and Disaster Management | Foundation | 2 | हिन्दी साहित्य में समकालीन विषय, आपदाओं के प्रकार और कारण, आपदा प्रबंधन के सिद्धांत और चक्र, आपदा पूर्व तैयारी और राहत कार्य, सामुदायिक स्तर पर आपदा प्रबंधन |
| ENG401T | English Language and Entrepreneurship Development | Foundation | 2 | Advanced Business Communication, Professional Report and Proposal Writing, Understanding the Startup Ecosystem in India, Sources of Funding for Startups, Pitching a Business Idea |
| SEC401T | Communication Skills and Personality Development | Skill Enhancement | 2 | Verbal and Non-Verbal Communication, Active Listening and Feedback, Conflict Resolution and Negotiation Skills, Professional Etiquette and Image Building, Leadership Qualities and Teamwork |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-501T/P | Goods and Service Tax (GST) | Major | 6 | Introduction to GST in India, GST Registration and Composition Scheme, Concept of Supply, Place of Supply, Input Tax Credit Mechanism, GST Returns and E-Way Bill |
| BCOM-502T/P | Income Tax Law and Practice | Major | 6 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries and House Property, Profits and Gains of Business or Profession, Capital Gains and Income from Other Sources |
| BCOM-503P | Project Report/Internship | Major | 6 | Research Methodology and Problem Formulation, Data Collection Techniques, Data Analysis and Interpretation, Report Writing and Presentation, Practical Industry Exposure |
| BCOM-E01T/P | Marketing Management (Elective Option Example) | Elective | 6 | Introduction to Marketing and Core Concepts, Market Segmentation, Targeting, and Positioning, Product Life Cycle and Branding Strategies, Pricing Strategies and Distribution Channels, Promotion Mix and Digital Marketing |
| BCOM-V01T | Retail Management (Vocational Option Example) | Vocational | 4 | Introduction to Retail and its Formats, Store Location and Layout Design, Merchandising and Category Management, Retail Supply Chain Management, Customer Relationship Management in Retail |
| FC501T | Research Methodology | Foundation | 2 | Meaning and Types of Research, Research Process and Problem Formulation, Data Collection Methods (Primary & Secondary), Sampling Techniques and Hypothesis Testing, Research Report Writing |
| SEC501T | E-Commerce | Skill Enhancement | 2 | Introduction to E-commerce Models, Online Payment Systems and Security, E-marketing Strategies, E-commerce Website Development Fundamentals, Legal and Ethical Issues in E-commerce |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-601T/P | Entrepreneurship Development | Major | 6 | Concept and Significance of Entrepreneurship, Business Idea Generation and Opportunity Analysis, Business Plan Preparation and Project Appraisal, Startup Ecosystem and Government Initiatives (MSME), Sources of Finance for Entrepreneurs |
| BCOM-602T/P | International Business | Major | 6 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market and Balance of Payments, International Financial Institutions (WTO, IMF), Export-Import Procedures and Documentation |
| BCOM-603P | Project Report/Internship (Advanced) | Major | 6 | Advanced Data Interpretation and Analysis, Policy Implications of Research Findings, Effective Presentation of Research, Application of Commerce Knowledge in Industry, Professional Skill Development through Internship |
| BCOM-E02T/P | Financial Management (Elective Option Example) | Elective | 6 | Scope and Objectives of Financial Management, Capital Budgeting Decisions, Working Capital Management, Cost of Capital and Capital Structure, Dividend Policy Decisions |
| BCOM-V02T | Rural Marketing (Vocational Option Example) | Vocational | 4 | Rural Market Environment and Characteristics, Rural Consumer Behavior, Product and Pricing Strategies for Rural Markets, Promotion and Distribution Channels in Rural Areas, Challenges and Opportunities in Rural Marketing |
| FC601T | Corporate Social Responsibility | Foundation | 2 | Concept and Evolution of CSR, Business Ethics and Stakeholder Theory, Environmental Sustainability and Social Impact, CSR Initiatives in India, Legal Frameworks for CSR |
| SEC601T | Financial Literacy and Investment Awareness | Skill Enhancement | 2 | Personal Finance Management and Budgeting, Savings and Investment Avenues (Stocks, Mutual Funds), Understanding Insurance and Retirement Planning, Digital Banking and Online Transactions, Risk Management in Investments |
