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B-COM in General at NIE First Grade College

NIE First Grade College Vishweshwaranagar Mysuru, established in 2004, is a distinguished institution affiliated with the University of Mysore, Mysuru. Located in Vishweshwaranagar, Mysuru, it offers diverse undergraduate programs like B.A., B.Sc., B.Com., and BCA, providing a strong academic foundation.

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Mysuru, Karnataka

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About the Specialization

What is General at NIE First Grade College Mysuru?

This B.Com program at NIE First Grade College, Mysuru focuses on building a strong foundation in commerce, accounting, finance, and business management. It integrates theoretical knowledge with practical skills relevant to the evolving Indian economic landscape, preparing students for diverse roles in trade, industry, and services. The curriculum is designed to meet the demands of a dynamic global and local marketplace.

Who Should Apply?

This program is ideal for recent 12th-grade graduates with a keen interest in business and finance seeking entry into corporate roles. It also suits individuals aiming for professional qualifications like CA, CS, or CMA. Aspiring entrepreneurs and those looking to develop strong analytical and problem-solving skills for various business functions will find this program beneficial.

Why Choose This Course?

Graduates of this program can expect to pursue career paths in accounting, finance, banking, marketing, and human resources within Indian companies. Entry-level salaries typically range from INR 2.5 to 4 LPA, with growth opportunities leading to managerial positions. The degree also provides a solid base for higher studies like M.Com, MBA, or professional certifications crucial for career advancement in India.

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Specialization

Student Success Practices

Foundation Stage

Build Strong Core Accounting & Management Fundamentals- (Semester 1-2)

Focus diligently on Financial Accounting and Principles of Management. Practice problem-solving daily for accounting subjects and create concise notes for management theories. Regularly revise basic concepts, as these form the bedrock for advanced commerce studies.

Tools & Resources

Tally Education modules, Accounting textbooks like M.Y. Khan, Online basic accounting tutorials

Career Connection

A strong foundation in these subjects is essential for roles in auditing, financial analysis, and general business administration.

Enhance Communication & Quantitative Skills- (Semester 1-2)

Actively participate in English language classes to improve written and spoken communication. Simultaneously, dedicate time to Quantitative Analysis to strengthen mathematical and statistical aptitude, crucial for business decision-making. Form study groups for peer learning.

Tools & Resources

Grammarly, YouTube channels for English proficiency, Basic statistics practice books, Group discussions

Career Connection

Effective communication and quantitative reasoning are highly valued in all corporate jobs, especially in finance and analytics.

Explore Skill Development Courses Early- (Semester 1-2)

Take the Skill Development Courses seriously (e.g., Computer Fundamentals, Retail Management). These provide practical, industry-relevant skills not covered in core subjects. Seek to apply these skills through small projects or observations of local businesses.

Tools & Resources

MS Office tutorials, Online courses on retail basics, Visits to local retail outlets

Career Connection

These skills enhance immediate employability in entry-level roles requiring practical application of business tools and processes.

Intermediate Stage

Deepen Specialization Knowledge (Electives)- (Semester 3-5)

Choose electives strategically based on career interests (Finance, Marketing, HR). Dive deep into these subjects, exploring case studies and current industry trends. Supplement classroom learning with external readings and industry reports.

Tools & Resources

NPTEL courses, Specific journals (e.g., Chartered Accountant Journal), Financial news portals (Moneycontrol, Economic Times)

Career Connection

Specializing early helps in targeting specific job roles and performing well in interviews for those domains.

Gain Practical Exposure through Internships- (Semester 3-5)

Actively seek short-term internships during semester breaks, even unpaid ones, in local accounting firms, banks, or small businesses in Mysuru. This hands-on experience provides invaluable insight into real-world business operations and builds a professional network.

Tools & Resources

College placement cell, LinkedIn, Local business directories, Internshala

Career Connection

Internships are crucial for bridging the gap between theory and practice, significantly boosting resume value for placements.

Develop Business Law & Taxation Acumen- (Semester 3-5)

Focus on Corporate Laws and Income Tax subjects as they are critical for compliance and financial roles. Understand their practical implications through case studies and discussions. Stay updated on recent amendments in Indian tax laws.

Tools & Resources

Bare Acts of relevant laws, Tax calculation software demos, Legal news portals

Career Connection

Essential for careers in corporate law, taxation, auditing, and compliance within Indian companies.

Advanced Stage

Master GST and Advanced Accounting- (Semester 6)

Given the importance of GST in India, dedicate significant effort to understanding its nuances and practical application. Combine this with advanced accounting concepts like Management Accounting. Practice complex problem-solving and real-world scenarios.

Tools & Resources

Official GST portal, Professional tax guides, Tally software for practical application

Career Connection

Direct relevance to jobs in taxation, accounting, financial reporting, and compliance roles in India.

Prepare for Placements and Professional Exams- (Semester 6)

Actively participate in mock interviews, resume-building workshops, and group discussions organized by the college. Begin preparing for competitive exams like CA Foundation, CMA, or banking exams if aspiring for those careers.

Tools & Resources

Placement cell resources, Online aptitude test platforms, Previous year''''s question papers

Career Connection

Direct preparation for securing placements in reputable companies or pursuing desired professional qualifications.

Undertake a Comprehensive Project/Internship- (Semester 6)

The final project or extended internship is a capstone experience. Choose a topic aligned with career goals, conduct thorough research, and present findings professionally. Utilize this opportunity to showcase accumulated skills and knowledge.

Tools & Resources

Academic mentors, Industry contacts, Research databases, Presentation software

Career Connection

Provides tangible proof of analytical and practical skills, often leading to pre-placement offers or strong recommendations.

Program Structure and Curriculum

Eligibility:

  • A candidate who has passed the two-year Pre-University Examination of Karnataka or any other examination recognized as equivalent thereto.

Duration: 3 years / 6 semesters

Credits: 128 Credits

Assessment: Internal: 30%, External: 70%

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
Language I (Kannada/Sanskrit/Urdu/Telugu/Tamil/Malayalam)Core3Language Studies, Grammar, Prose, Poetry, Communication Skills
Language II (English)Core3Communication Skills, Grammar, Reading Comprehension, Writing Skills, Spoken English
B.C 1.1Financial Accounting - ICore4Introduction to Accounting, Accounting Cycle, Final Accounts, Accounting Standards, Depreciation Accounting, Inventory Valuation
B.C 1.2Principles of ManagementCore4Nature of Management, Planning, Organizing, Staffing, Directing, Controlling
B.C 1.3Indian Financial SystemCore4Financial System Overview, Financial Markets, Financial Institutions, Money Market, Capital Market
B.C 1.4Skill Development Course - I (Computer Fundamentals)Skill Development2Introduction to Computers, Operating Systems, MS Office Basics, Internet & Email, Cyber Security Basics

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
Language I (Kannada/Sanskrit/Urdu/Telugu/Tamil/Malayalam)Core3Language Studies, Grammar, Prose, Poetry, Communication Skills
Language II (English)Core3Communication Skills, Grammar, Reading Comprehension, Writing Skills, Spoken English
B.C 2.1Financial Accounting - IICore4Company Accounts, Share Capital, Debentures, Redemption of Debentures, Amalgamation, Branch Accounts
B.C 2.2Business Ethics and Professional ValuesCore4Introduction to Ethics, Business Ethics, Corporate Governance, Corporate Social Responsibility, Professional Ethics
B.C 2.3Quantitative Analysis for Business - ICore4Set Theory, Matrices & Determinants, Commercial Arithmetic, Interest Calculations, Introduction to Statistics
B.C 2.4Skill Development Course - II (Retail Management)Skill Development2Introduction to Retailing, Retail Formats, Store Operations, Retail Marketing, Supply Chain in Retail

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
B.C 3.1Corporate Accounting - ICore4Accounting for Companies, Share Capital, Debentures, Final Accounts of Companies, Goodwill Valuation, Valuation of Shares
B.C 3.2Corporate LawsCore4Indian Contract Act, Sale of Goods Act, Partnership Act, Negotiable Instruments Act, Consumer Protection Act
B.C 3.3Cost Accounting - ICore4Introduction to Cost Accounting, Cost Concepts, Material Costing, Labour Costing, Overhead Costing, Job Costing
B.C 3.4Quantitative Analysis for Business - IICore4Probability, Probability Distributions, Sampling, Hypothesis Testing, Correlation, Regression
B.C 3.5Skill Development Course - III (Business Communication)Skill Development2Communication Process, Verbal & Non-Verbal, Business Letters, Reports & Proposals, Presentations, Interview Skills
OE 3Open Elective - IElective3

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
B.C 4.1Corporate Accounting - IICore4Liquidation of Companies, Amalgamation, Reconstruction, Accounting for Inflation, Investment Accounting, Human Resource Accounting
B.C 4.2Income Tax - ICore4Basic Concepts of Income Tax, Residential Status, Exempted Income, Income from Salary, Income from House Property
B.C 4.3Cost Accounting - IICore4Process Costing, Reconciliation of Cost & Financial Accounts, Marginal Costing, Budgetary Control, Standard Costing, Variance Analysis
B.C 4.4Entrepreneurship DevelopmentCore4Concept of Entrepreneurship, Entrepreneurial Process, Business Idea Generation, Business Plan, Small Business Management, Institutional Support
B.C 4.5Skill Development Course - IV (Stock Market Operations)Skill Development2Indian Stock Market, Primary Market, Secondary Market, Stock Exchange Operations, SEBI Regulations, Investment Strategies
OE 4Open Elective - IIElective3

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
B.C 5.1Accounting for Business DecisionsCore4Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Working Capital Management
B.C 5.2Income Tax - IICore4Profits & Gains of Business/Profession, Capital Gains, Income from Other Sources, Clubbing of Income, Set-off & Carry Forward of Losses, Deductions
B.C 5.3Principles & Practice of AuditingCore4Introduction to Auditing, Types of Audit, Audit Planning, Internal Control, Audit Report, Professional Ethics for Auditors
B.C 5.E 1.1Elective I - Financial Management - I (Finance Group)Elective4Financial Management Introduction, Time Value of Money, Capital Budgeting, Cost of Capital, Working Capital Management, Dividend Policy
B.C 5.E 1.2Elective I - Stock and Commodity Markets (Finance Group)Elective4Equity Market, Debt Market, Derivatives Market, Commodity Markets, SEBI Regulations, Trading Mechanisms
B.C 5.E 2.1Elective I - Principles of Marketing (Marketing Group)Elective4Marketing Concept, Marketing Environment, Market Segmentation, Product Life Cycle, Pricing Strategies, Promotion Mix
B.C 5.E 2.2Elective I - Consumer Behaviour (Marketing Group)Elective4Consumer Decision Process, Influences on Buying, Market Research, Buyer Psychology, Customer Satisfaction, Brand Loyalty
B.C 5.E 3.1Elective I - Human Resource Management (HRM Group)Elective4HRM Introduction, HR Planning, Recruitment & Selection, Training & Development, Performance Management, Employee Relations
B.C 5.E 3.2Elective I - Industrial Relations (HRM Group)Elective4Industrial Relations System, Trade Unions, Collective Bargaining, Industrial Disputes, Grievance Handling, Labour Welfare
B.C 5.5Skill Development Course - V (E-commerce)Skill Development2Introduction to E-commerce, Business Models, E-payment Systems, Online Marketing, E-security, Legal Aspects of E-commerce

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
B.C 6.1Management AccountingCore4Nature of Management Accounting, Cost Volume Profit Analysis, Budgetary Control, Standard Costing, Variance Analysis, Relevant Costing
B.C 6.2Goods and Services Tax (GST)Core4Introduction to GST, GST Registration, Input Tax Credit, Time & Value of Supply, Levy & Collection of GST, GST Returns
B.C 6.3Banking Law and OperationsCore4Banking Regulation Act, Types of Banks, Banker-Customer Relationship, Negotiable Instruments, E-Banking, Credit Management
B.C 6.E 1.1Elective II - Financial Management - II (Finance Group)Elective4Sources of Finance, Capital Structure, Leasing, Mergers & Acquisitions, Risk Management, International Financial Management
B.C 6.E 1.2Elective II - Financial Derivatives (Finance Group)Elective4Introduction to Derivatives, Futures, Forwards, Options, Swaps, Hedging Strategies, Option Valuation
B.C 6.E 2.1Elective II - Services Marketing (Marketing Group)Elective4Nature of Services, Service Quality, Service Design, Pricing of Services, Promotion of Services, Integrated Services Marketing
B.C 6.E 2.2Elective II - Advertising and Sales Management (Marketing Group)Elective4Advertising Objectives, Media Planning, Advertising Appeals, Sales Promotion, Personal Selling, Sales Force Management
B.C 6.E 3.1Elective II - Compensation and Benefits Management (HRM Group)Elective4Compensation Philosophy, Wage Determination, Incentive Plans, Employee Benefits, Executive Compensation, Legal Aspects of Compensation
B.C 6.E 3.2Elective II - Human Resource Development (HRM Group)Elective4HRD Concept, Training & Development, Career Planning, Performance Appraisal, Employee Empowerment, Organisational Development
B.C 6.5Skill Development Course - VI (Advanced Excel & Tally)Skill Development2Advanced Excel Functions, Data Analysis, Pivot Tables, Tally ERP Introduction, Accounting in Tally, GST in Tally, Payroll in Tally
B.C 6.6Project Work / InternshipProject2Research Methodology, Data Collection, Data Analysis, Report Writing, Presentation Skills, Problem Solving
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