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BCOM-TAXATION in General at Mar Athanasius College, Kothamangalam
Ernakulam, Kerala
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About the Specialization
What is General at Mar Athanasius College, Kothamangalam Ernakulam?
This BCom Finance and Taxation program at Mar Athanasius College focuses on equipping students with comprehensive knowledge of India''''s complex financial and tax systems. It delves into direct and indirect taxation, accounting principles, and financial management, preparing graduates for a dynamic career in a rapidly evolving Indian economy. The curriculum is meticulously designed to meet industry demands in areas like GST and income tax.
Who Should Apply?
This program is ideal for Plus Two graduates with a strong aptitude for numbers and an interest in financial regulations and tax laws. It suits aspiring accountants, tax consultants, auditors, and financial analysts. Working professionals seeking to specialize in taxation or upskill their financial acumen will also find this program highly beneficial for career advancement in the Indian market.
Why Choose This Course?
Graduates of this program can expect to pursue rewarding career paths such as Tax Consultants, Financial Accountants, Auditors, or GST Practitioners in India. Entry-level salaries typically range from INR 2.5 to 4.5 LPA, with significant growth potential up to INR 8-15+ LPA for experienced professionals. The curriculum also aligns well with professional certifications like CA, CMA, and CS, offering a strong foundation.
Student Success Practices
Foundation Stage
Build a Strong Accounting & Legal Foundation- (Semester 1-2)
Focus intensely on understanding fundamental accounting principles, business laws, and economic concepts from semesters 1 and 2. Regularly practice journal entries, ledger postings, and final accounts. Form study groups to discuss legal frameworks and their implications for business.
Tools & Resources
Textbooks, M.G. University reference materials, basic accounting software tutorials (e.g., Tally free version for practice), legal glossaries, peer study groups.
Career Connection
A solid foundation in these areas is crucial for all finance and taxation roles, enabling easier comprehension of advanced topics and better performance in entrance exams for professional courses like CA/CMA.
Develop Essential Communication & Analytical Skills- (Semester 1-2)
Actively participate in English language and communication skill-building exercises. Engage in debates, presentations, and report writing to refine academic and professional communication. Solve case studies to enhance critical thinking and problem-solving abilities early on.
Tools & Resources
Grammar books, public speaking clubs, online platforms like Coursera for communication courses, business newspapers (e.g., Economic Times) for current affairs and analytical reading.
Career Connection
Effective communication is vital for client interaction, report writing, and team collaboration in any finance or taxation career. Strong analytical skills aid in interpreting financial data and tax laws.
Initiate Basic Software Proficiency- (Semester 1-2)
Start familiarizing yourself with Microsoft Excel for basic data organization and calculations, which is a fundamental tool in finance. Explore introductory online tutorials for Tally ERP 9 to understand its interface and basic functions.
Tools & Resources
Microsoft Excel tutorials, Tally Solutions website for educational resources, YouTube channels demonstrating basic Tally operations.
Career Connection
Early exposure to commonly used accounting software like Tally and spreadsheet tools like Excel provides a significant advantage, making you more adaptable and efficient in practical work during internships or entry-level jobs.
Intermediate Stage
Master Computerized Accounting & Tax Filings- (Semester 3-4)
Achieve high proficiency in Tally ERP 9, specifically focusing on its features related to GST accounting, payroll, and finalization of accounts. Understand the practical aspects of filing various tax returns (Income Tax, GST) by exploring government portals and mock-filing scenarios.
Tools & Resources
Tally ERP 9 software, GSTN portal, Income Tax India e-filing portal, online courses on tax filing procedures, CA firm case studies.
Career Connection
Expertise in computerized accounting and a practical understanding of tax filing processes directly translates to immediate employability in accounting firms, tax consultancies, and corporate finance departments across India.
Seek Practical Exposure via Internships- (Semester 3-5)
Actively pursue short-term internships or articleships with local Chartered Accountants (CAs), tax practitioners, or small and medium enterprises (SMEs). This provides hands-on experience in taxation, auditing, and compliance within the Indian business environment.
Tools & Resources
College placement cell, LinkedIn, local CA directories, industry networking events, internship portals like Internshala.
Career Connection
Internships are invaluable for bridging the gap between theoretical knowledge and practical application, building industry contacts, and often leading to pre-placement offers or stronger CVs for job applications.
Engage in Professional Networking & Workshops- (Semester 3-5)
Attend seminars, workshops, and webinars on emerging trends in Indian taxation (e.g., budget analysis, latest GST amendments). Connect with professionals through college alumni networks, LinkedIn, and local chapters of professional bodies like ICAI or ICMAI.
Tools & Resources
Professional body websites (ICAI, ICMAI), LinkedIn profiles of alumni, industry conferences, college career fairs.
Career Connection
Networking opens doors to mentorship, career advice, and potential job opportunities. Staying updated on industry trends is crucial for long-term career growth in the dynamic Indian finance and taxation sector.
Advanced Stage
Deep Dive into Advanced Tax Laws & Case Studies- (Semester 5-6)
Beyond the curriculum, study recent amendments in Income Tax and GST laws. Analyze complex tax case studies and judgments to understand judicial interpretations and their implications. Focus on practical application of advanced tax planning strategies for individuals and corporations.
Tools & Resources
Taxmann publications, Indian Kanoon, SCC Online, expert blogs on taxation, advanced tax law journals.
Career Connection
This advanced knowledge prepares you for specialized roles in tax advisory, litigation support, and corporate tax departments, offering a distinct competitive edge in the Indian job market.
Prepare for Professional Certifications- (Semester 5-6)
Start preparing for relevant professional certifications like NISM (National Institute of Securities Markets) for capital markets, or foundational papers of CA/CMA/CS if aiming for these. Regularly solve past papers and mock tests.
Tools & Resources
NISM study materials, coaching institutes for CA/CMA/CS, online practice test platforms, professional body websites.
Career Connection
Professional certifications significantly boost your credibility and employability, especially in competitive Indian financial markets and high-demand areas like corporate finance and taxation.
Refine Placement & Career Strategy- (Semester 5-6)
Actively engage with the college''''s placement cell for resume building, mock interviews, and group discussion practices. Research target companies and roles in the Indian finance sector. Develop a clear career plan, whether it''''s higher studies, professional courses, or immediate job placement.
Tools & Resources
College placement resources, career counseling, online job portals (Naukri.com, Monster India), interview preparation guides.
Career Connection
A well-prepared placement strategy increases your chances of securing a desirable job right after graduation, aligning your skills and aspirations with the right opportunities in the Indian industry.
Program Structure and Curriculum
Eligibility:
- Any candidate who has passed the Plus Two or equivalent examination is eligible for admission to the B.Com. Degree programme. For B.Com. Finance and Taxation, those who have studied Commerce are given preference.
Duration: 6 semesters / 3 years
Credits: 120 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN1CCT01 | Listening & Speaking Skills | Common Course | 4 | Fundamentals of Communication, Listening Comprehension, Effective Speaking, Public Speaking Basics, Interpersonal Communication |
| EN1CCT02 | Writing & Presentation Skills | Common Course | 3 | Academic Writing Principles, Paragraph and Essay Writing, Report Writing, Presentation Techniques, Visual Aids in Presentations |
| ML1CCT01 / HN1CCT01 / AR1CCT01 / SN1CCT01 | Additional Language I | Common Course | 4 | Grammar Fundamentals, Reading Comprehension, Basic Conversation, Cultural Context, Writing Practice |
| BCM1B01 | Financial Accounting I | Core Course | 4 | Introduction to Accounting, Accounting Concepts and Conventions, Journal and Ledger, Trial Balance and Errors, Final Accounts of Sole Proprietorship |
| BCM1C01 | Business Regulatory Framework | Complementary Course | 4 | Indian Contract Act 1872, Sale of Goods Act 1930, Consumer Protection Act 2019, Negotiable Instruments Act 1881, Companies Act 2013 Basics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN2CCT03 | Reading & Literature | Common Course | 4 | Literary Forms, Critical Reading, Poetry Analysis, Prose Interpretation, Dramatic Elements |
| EN2CCT04 | Academic Writing | Common Course | 3 | Research Paper Writing, Report and Project Documentation, Referencing and Citation Styles, Thesis Statement Development, Editing and Proofreading |
| ML2CCT02 / HN2CCT02 / AR2CCT02 / SN2CCT02 | Additional Language II | Common Course | 4 | Advanced Grammar, Literary Texts, Composition Skills, Translation Practice, Cultural Expressions |
| BCM2B02 | Financial Accounting II | Core Course | 4 | Consignment Accounts, Joint Venture Accounts, Departmental Accounts, Branch Accounts, Hire Purchase System |
| BCM2C02 | Principles of Business Decisions | Complementary Course | 4 | Microeconomics Basics, Demand and Supply Analysis, Production and Cost Analysis, Market Structures, Business Cycles |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN3CCT05 | Environment Studies | Common Course | 4 | Ecosystems and Biodiversity, Environmental Pollution, Global Environmental Issues, Environmental Management, Sustainable Development |
| BCM3B03 | Financial Accounting III | Core Course | 4 | Partnership Accounts, Admission and Retirement of Partner, Dissolution of Partnership, Insolvency of Partners, Goodwill Valuation |
| BCM3B04 | Corporate Accounting I | Core Course | 4 | Share Capital, Debentures, Redemption of Preference Shares, Underwriting of Shares, Final Accounts of Companies |
| BCM3B05 | Marketing Management | Core Course | 4 | Marketing Concepts, Marketing Environment, Market Segmentation, Product Life Cycle, Promotion and Distribution |
| BCM3C03 | Quantitative Techniques for Business | Complementary Course | 4 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Probability Theory, Time Series Analysis |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN4CCT06 | Indian Constitution & Politics | Common Course | 4 | Constituent Assembly, Fundamental Rights and Duties, Directive Principles, Union and State Governments, Local Self-Government |
| BCM4B06 | Corporate Accounting II | Core Course | 4 | Valuation of Shares and Goodwill, Amalgamation, Reconstruction, Banking Companies Accounts, Insurance Companies Accounts |
| BCM4B07 | Financial Management | Core Course | 4 | Objectives of Financial Management, Capital Budgeting, Cost of Capital, Capital Structure Theories, Working Capital Management |
| BCM4B08 | Computerized Accounting with Tally | Core Course | 4 | Introduction to Tally ERP 9, Company Creation and Setup, Voucher Entry (Sales, Purchase), Payroll Accounting, GST Accounting in Tally |
| BCM4C04 | Entrepreneurship Development & Business Ethics | Complementary Course | 4 | Concept of Entrepreneurship, Small Business Management, Business Plan Preparation, Sources of Finance for Startups, Ethical Dilemmas in Business |
Semester 5
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCM6B13 | Auditing | Core Course | 4 | Introduction to Auditing, Types of Audit, Audit Planning and Internal Control, Vouching and Verification, Audit Report |
| BCM6B14 | Business Research Methods | Core Course | 4 | Research Process, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation |
| BCM6B15 | GST: Law & Practice | Core Course (for Finance & Taxation Stream) | 4 | GST Concepts and Framework, Supply under GST, Place of Supply, Time and Value of Supply, Customs Act and GST |
| BCM6B16 | Project | Core Course | 3 | Problem Identification, Literature Review, Methodology Design, Data Collection and Analysis, Report Writing |
| BCM6B17 | Viva Voce | Core Course | 2 | Overall Subject Knowledge, Project Defense, Communication Skills, Critical Thinking, Clarity of Concepts |
