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BCOM-CO-OPERATION in Co Operation at M.E.S. College, Marampally
Ernakulam, Kerala
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About the Specialization
What is Co-operation at M.E.S. College, Marampally Ernakulam?
This BCom Co-operation program at M.E.S. College, Marampally, Ernakulam focuses on the principles, laws, and management practices vital for the cooperative sector in India. It prepares students for roles in cooperative banks, marketing federations, and various cooperative societies, which are significant pillars of India''''s rural and economic development. The program emphasizes unique accounting, auditing, and legal frameworks specific to co-operatives.
Who Should Apply?
This program is ideal for higher secondary graduates interested in a career rooted in social and economic development, particularly in rural and semi-urban India. It suits those aspiring to work in cooperative banks, agricultural cooperatives, or government departments overseeing cooperative movements. Students with a penchant for community-oriented business models and a desire to contribute to inclusive growth will find this program rewarding.
Why Choose This Course?
Graduates can expect robust career paths in India''''s extensive cooperative sector. Roles include cooperative auditors, managers in cooperative banks, marketing executives in cooperative federations, or positions in government cooperative departments. Entry-level salaries typically range from INR 2.5 to 4 LPA, with experienced professionals earning significantly more. The program also supports preparation for competitive exams like those for cooperative bank recruitment.
Student Success Practices
Foundation Stage
Master Core Accounting & Business Fundamentals- (Semester 1-2)
Focus diligently on Financial Accounting I & II and Principles of Business & Management. These subjects form the bedrock of commerce education. Utilize textbooks, solved problems, and online tutorials. Join study groups to clarify concepts regularly and solidify understanding.
Tools & Resources
Tally (basic understanding), NCERT Commerce books, ICAI foundation study material, local study groups
Career Connection
Strong fundamentals are essential for all future commerce roles and competitive exams, laying the groundwork for specialized cooperative accounting and management positions.
Develop Business Communication Skills- (Semester 1-2)
Actively participate in English (Academic Writing, Professional Communication) and Second Language classes. Practice public speaking, essay writing, and professional email etiquette. Read business newspapers and magazines to improve vocabulary and comprehension.
Tools & Resources
Grammarly, Toastmasters (if available), Business Standard/Economic Times
Career Connection
Effective communication is critical for client interaction, team collaboration, and presenting audit reports or business proposals, especially in the stakeholder-focused cooperative sector.
Engage with Business Statistics & Environment- (Semester 1-2)
Understand the practical application of business statistics for data analysis, which is vital in understanding market trends and cooperative performance. Pay attention to the Indian business environment to contextualize learnings. Solve numerical problems regularly to build analytical rigor.
Tools & Resources
Excel for basic statistical analysis, business news channels, government economic survey reports
Career Connection
Analytical skills are highly valued for roles involving market research, policy analysis, and strategic planning within cooperative institutions and financial bodies.
Intermediate Stage
Deep Dive into Corporate & Cost Accounting- (Semester 3-4)
Focus on Corporate Accounting I & II and Cost Accounting I & II. These advanced accounting concepts are crucial for understanding the financial health and operational efficiency of large cooperative organizations. Practice problem-solving rigorously using various scenarios.
Tools & Resources
Advanced Tally features, online accounting forums, previous year question papers
Career Connection
These skills are directly applicable for roles as corporate accountants, cost analysts, or internal auditors in large cooperative federations and public sector undertakings.
Master Cooperative-Specific Laws & Management- (Semester 3-4)
Pay special attention to ''''Co-operative Law'''' and ''''Co-operative Management.'''' Understand the nuances of the Kerala Co-operative Societies Act and the unique management principles governing cooperatives. Attend guest lectures from cooperative leaders and engage in discussions.
Tools & Resources
Kerala Co-operative Societies Act 1969 PDF, case studies of successful cooperatives, industry webinars
Career Connection
Direct preparation for roles in cooperative administration, legal compliance, and management positions within cooperative banks and societies, a key employment area in Kerala.
Utilize Computerized Accounting (Tally)- (Semester 3)
Gain hands-on proficiency in Tally, especially with its application in accounting and financial reporting. This practical skill is highly sought after in the Indian job market, including the cooperative sector. Seek certifications if possible to enhance your profile.
Tools & Resources
Tally ERP 9 software, online Tally tutorials, local Tally training centers
Career Connection
Enhances employability for entry-level accounting and data entry roles in any commercial or cooperative entity, making you job-ready for immediate contributions.
Advanced Stage
Excel in Financial & Management Accounting- (Semester 5)
Focus on Management Accounting, Financial Management, and Income Tax. These subjects are critical for financial decision-making, strategic planning, and tax compliance, which are high-level functions in cooperative financial institutions. Practice real-world problem scenarios.
Tools & Resources
Financial calculators, corporate financial reports (e.g., NABARD annual reports), taxation guides
Career Connection
Prepares for roles as financial analysts, tax consultants, or assistant managers in cooperative banks, credit unions, and financial departments of larger cooperative organizations.
Prepare for Co-operative Sector Auditing & Specialization- (Semester 5-6)
Dedicate significant effort to Auditing, GST, and the specialized Co-operative Accounting & Auditing. Understand the specific audit procedures and legal requirements for cooperatives. Engage deeply with ''''Co-operative Banking,'''' ''''Rural & Agricultural Co-operation,'''' and ''''Consumer & Industrial Co-operation'''' to grasp the breadth of the sector.
Tools & Resources
Institute of Internal Auditors (IIA) resources, GST portal, Kerala Co-operative Audit Manuals
Career Connection
Direct path to becoming a cooperative auditor, manager in specialized cooperative sectors, or a credit officer, essential roles for the efficient functioning of cooperatives.
Execute a Robust Project & Network- (Semester 5-6)
Take the project work seriously (Part I & II). Choose a topic relevant to the cooperative sector. Network with faculty, alumni, and professionals in cooperative organizations through college events, seminars, and professional platforms like LinkedIn. Seek internships in cooperative banks or societies.
Tools & Resources
Research databases, LinkedIn, college career services, local cooperative institutions for internships
Career Connection
Practical experience and networking are invaluable for placements, demonstrating readiness for industry challenges and making professional connections that can lead to career opportunities.
Program Structure and Curriculum
Eligibility:
- A pass in Higher Secondary Examination (Plus Two) or its equivalent
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 |
|---|---|---|---|---|
| CC1ENG01 | Academic Writing | Common Course | 4 | Paragraph Writing, Essay Writing, Official Correspondence, Report Writing, Presentation Skills |
| CC1ENG02 | Professional Communication | Common Course | 4 | Communication Skills, Listening, Speaking, Reading, Writing, Non-Verbal Communication |
| CC1MLY/HIN/ARB01 | Second Language I | Common Course | 4 | Literary Appreciation, Grammar, Composition, Translation, Cultural Studies |
| BC1COM01 | Financial Accounting I | Core Course | 4 | Introduction to Accounting, Journal, Ledger, Trial Balance, Subsidiary Books, Depreciation Accounting, Final Accounts of Sole Proprietorship |
| BC1COM02 | Principles of Business & Management | Core Course | 4 | Nature of Business, Forms of Business Organization, Functions of Management, Decision Making, Coordination & Control |
| BC1COMP01 | Business Statistics | Complementary Course | 4 | Data Collection & Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation & Regression, Index Numbers |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC2ENG03 | Literature and Contemporary Issues | Common Course | 4 | Prose and Poetry Analysis, Literary Theory, Environmental Issues in Literature, Social Justice Themes, Cultural Narratives |
| CC2MLY/HIN/ARB02 | Second Language II | Common Course | 4 | Advanced Grammar, Literary Criticism, Translation Practice, Public Speaking, Regional Cultural Studies |
| BC2COM03 | Financial Accounting II | Core Course | 4 | Branch Accounts, Departmental Accounts, Hire Purchase & Installment Systems, Royalty Accounts, Partnership Accounts (Admission) |
| BC2COM04 | Business Regulatory Framework | Core Course | 4 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Negotiable Instruments Act, Limited Liability Partnership Act |
| BC2COMP02 | Business Environment | Complementary Course | 4 | Economic Environment, Socio-Cultural Environment, Political & Legal Environment, Technological Environment, Global Business Environment |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC3ENG04 | Business Communication | Common Course | 4 | Communication Process, Types of Communication, Oral Communication, Written Communication, Meetings & Group Discussions |
| BC3COM05 | Corporate Accounting I | Core Course | 4 | Share Capital, Debentures, Redemption of Debentures, Underwriting of Shares, Valuation of Goodwill & Shares |
| BC3COM06 | Cost Accounting I | Core Course | 4 | Introduction to Cost Accounting, Cost Concepts & Classifications, Material Costing, Labour Costing, Overhead Costing |
| BC3COMP03 | Computerised Accounting with Tally | Complementary Course | 4 | Introduction to Computerized Accounting, Tally ERP 9 Fundamentals, Company Creation & Ledgers, Voucher Entries, Financial Statements Generation |
| BC3COM12 | Co-operative Law | Specialization Core | 4 | Principles of Co-operation, Kerala Co-operative Societies Act 1969, Registration of Co-operative Societies, Membership, Rights & Duties, Management of Co-operatives |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC4ENG05 | Public Relations and Advertising | Common Course | 4 | Introduction to Public Relations, PR Tools & Techniques, Advertising Concepts, Media Planning & Strategy, Advertising Ethics & Regulations |
| BC4COM07 | Corporate Accounting II | Core Course | 4 | Amalgamation & Absorption, External Reconstruction, Liquidation of Companies, Consolidated Financial Statements, Accounting for Government Grants |
| BC4COM08 | Cost Accounting II | Core Course | 4 | Job Costing, Contract Costing, Process Costing, Operating Costing, Reconciliation of Cost & Financial Accounts |
| BC4COMP04 | Human Resource Management | Complementary Course | 4 | HRM Functions & Objectives, Job Analysis & Design, Recruitment & Selection, Training & Development, Performance Appraisal & Compensation |
| BC4COM13 | Co-operative Management | Specialization Core | 4 | Principles of Co-operative Management, Planning & Organizing in Co-operatives, Staffing & Directing in Co-operatives, Controlling in Co-operatives, Marketing in Co-operative Sector |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC5COM09 | Management Accounting | Core Course | 4 | Introduction to Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement |
| BC5COM10 | Financial Management | Core Course | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting Decisions, Cost of Capital, Working Capital Management |
| BC5COM11 | Income Tax Law and Practice | Core Course | 4 | Basic Concepts of Income Tax, Heads of Income (Salary, House Property), Profits and Gains of Business or Profession, Capital Gains, Income from Other Sources & Deductions |
| BC5COM14 | Co-operative Banking and Credit | Specialization Core | 4 | Structure of Co-operative Banking in India, Functions of Co-operative Banks, Credit Co-operatives, Role of NABARD, RBI & Co-operative Banks |
| BC5COM15 | Project Work Part I | Core Course | 4 | Project Identification & Formulation, Research Design & Methodology, Data Collection Methods, Literature Review, Preliminary Report Preparation |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BC6COM16 | Auditing | Core Course | 4 | Introduction to Auditing, Types of Audit, Internal Control & Internal Check, Vouching & Verification of Assets/Liabilities, Audit Report & Auditor''''s Duties |
| BC6COM17 | Goods and Services Tax (GST) | Core Course | 4 | Introduction to GST, Levy & Collection of GST, Input Tax Credit (ITC), Registration & Tax Invoices, GST Returns & Payment Procedures |
| BC6COM18 | Co-operative Accounting and Auditing | Specialization Core | 4 | Accounting Procedures in Co-operatives, Final Accounts of Co-operative Societies, Principles of Co-operative Audit, Audit Programme for Co-operatives, Audit Report for Co-operative Societies |
| BC6COM19 | Rural and Agricultural Co-operation | Specialization Core | 4 | Role of Co-operatives in Rural Development, Agricultural Credit Co-operatives (PACS), Agricultural Marketing Co-operatives, Dairy Co-operatives (AMUL Model), Fisheries & Other Rural Co-operatives |
| BC6COM20 | Consumer and Industrial Co-operation | Specialization Core | 4 | Consumer Co-operatives, Housing Co-operatives, Industrial Co-operatives, Labour Contract Co-operatives, Co-operative Movement in Global Context |
| BC6COM21 | Project Work Part II | Core Course | 4 | Data Analysis & Interpretation, Formulation of Conclusions, Recommendations & Suggestions, Final Report Writing, Viva Voce Examination |
| BC6COM22 | Open Elective (e.g., Fundamentals of Entrepreneurship) | Elective Course | 3 | Business Idea Generation, Business Plan Development, Startup Ecosystem in India, Funding Sources for Startups, Marketing for New Ventures |
