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BCOM in Accountancy at N.V. Society's N.V. Arts, Sri Kanhayalal Malu Science and Dr. Pandurangarao Patki College of Commerce
Kalaburagi, Karnataka
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About the Specialization
What is Accountancy at N.V. Society's N.V. Arts, Sri Kanhayalal Malu Science and Dr. Pandurangarao Patki College of Commerce Kalaburagi?
This Accountancy program at N.V. Arts, Sri Kanhayalal Malu Science and Dr. Pandurangrao Patki College of Commerce focuses on building robust foundational and advanced knowledge in accounting principles, taxation, auditing, and financial management. It aligns with the dynamic Indian financial landscape, preparing students for critical roles in corporate finance and compliance. The curriculum is designed to meet the growing demand for skilled accounting professionals across various sectors in India.
Who Should Apply?
This program is ideal for fresh 10+2 graduates with an aptitude for numbers and strong analytical skills, seeking entry into core finance and accounting roles. It also suits individuals interested in pursuing professional certifications like CA, CS, or CMA in India, as the curriculum provides a strong academic base. Graduates aspiring to work in public accounting firms, corporate finance departments, or start their own ventures will find this specialization beneficial.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as Accountants, Auditors, Tax Consultants, Financial Analysts, and Management Trainees. Entry-level salaries typically range from INR 2.5 to 4 LPA, growing significantly with experience and further professional qualifications. The program fosters analytical thinking and problem-solving skills, crucial for navigating complex financial regulations and achieving substantial growth trajectories in Indian companies.
Student Success Practices
Foundation Stage
Master Financial Accounting Basics- (Semester 1-2)
Dedicate consistent time to practice journal entries, ledger postings, and final accounts problems. Utilize online resources like ICAI study material for foundational understanding and solve numerous textbook exercises. Form study groups to discuss complex accounting treatments and clarify doubts with peers and faculty.
Tools & Resources
Textbooks, ICAI study material (basic concepts), Online accounting tutorials, Study groups
Career Connection
A strong foundation in financial accounting is crucial for all future accounting and finance roles, providing the base for advanced subjects and competitive exams like CA-CPT.
Develop Strong Mathematical and Analytical Skills- (Semester 1-2)
Engage actively with subjects like Economics for Business and Quantitative Techniques. Practice solving numerical problems regularly to build analytical rigor. Consider joining workshops on basic statistics or business mathematics to enhance problem-solving capabilities required in finance.
Tools & Resources
Quantitative Techniques textbooks, Khan Academy (for math refreshers), Excel basics tutorials
Career Connection
These skills are indispensable for financial analysis, auditing, and management accounting roles, enabling accurate data interpretation and informed decision-making.
Build Communication and Business Law Awareness- (Semester 1-2)
Actively participate in group discussions and presentations in MIL and Business Law classes. Read business newspapers and magazines to understand the legal and economic environment. This builds confidence and articulacy, crucial for corporate interactions.
Tools & Resources
Business newspapers (e.g., Economic Times), Legal blogs for beginners, Debate clubs
Career Connection
Effective communication and legal literacy are vital for roles requiring client interaction, compliance adherence, and negotiation in the Indian corporate sector.
Intermediate Stage
Deep Dive into Corporate and Tax Accounting- (Semester 3-5)
Focus intensely on Corporate Accounting and Income Tax. Solve case studies involving company accounts and tax computations. Consider taking short online courses or workshops on Tally ERP 9 to gain practical software skills alongside theoretical knowledge.
Tools & Resources
Tally ERP 9 tutorials, Income Tax Act resources, Corporate Accounting practice books, Mock tax return filings
Career Connection
Proficiency in corporate accounting and direct taxation is highly sought after by Indian accounting firms, corporate finance departments, and tax consultancy services, enhancing placement prospects.
Explore Financial Markets and Management- (Semester 3-5)
Supplement classroom learning in Financial Management and Indian Financial System with real-world insights. Follow Indian stock market news, read financial journals, and consider participating in virtual stock trading competitions. This builds practical financial acumen.
Tools & Resources
Moneycontrol.com, The Economic Times, Virtual stock trading apps, NSE Academy modules
Career Connection
Understanding financial markets and management principles opens doors to roles in banking, investment analysis, and corporate finance within India''''s growing economy.
Engage in Practical Auditing Simulations- (Semester 3-5)
For Auditing, try to simulate audit procedures using fictional company data. Understand internal controls and compliance requirements specific to Indian companies. If possible, seek out opportunities for short practical experiences or internships with local audit firms.
Tools & Resources
Auditing standards (e.g., from ICAI), Audit case studies, Local CA firms for informal learning
Career Connection
Practical exposure to auditing principles is invaluable for a career as an auditor, internal control specialist, or forensic accountant in India.
Advanced Stage
Specialize and Master Advanced Accounting Tools- (Semester 5-6)
Focus on your Accountancy DSE subjects like Advanced Corporate Accounting and Management Accounting. Undertake projects involving financial statement analysis using software like Excel or basic BI tools. Gain expertise in GST compliance and e-filing through practical exercises.
Tools & Resources
Microsoft Excel, Tally ERP 9, GST portal for practice, Advanced Accounting textbooks
Career Connection
This specialization provides a competitive edge for senior accounting roles, management consulting, and statutory compliance positions in Indian enterprises.
Prepare for Professional Certifications and Placements- (Semester 5-6)
Alongside final semester studies, begin preparing for entrance exams of professional certifications like CA, CMA, or CS, or MBA. Attend campus placement workshops, refine your resume, and practice interview skills. Network with alumni and industry professionals.
Tools & Resources
Career guidance cells, Placement consultants, LinkedIn, Mock interview platforms
Career Connection
Dedicated preparation significantly increases the chances of securing good placements in top Indian companies or getting admission into esteemed professional courses.
Undertake Industry-Relevant Projects/Internships- (Semester 5-6)
Seek out internships or live projects, even if unpaid, with local businesses, accounting firms, or NGOs. Apply theoretical knowledge to real-world scenarios, which will build practical experience and enhance your resume for Indian job market. Document your learning meticulously.
Tools & Resources
Internship portals (e.g., Internshala), Local business directories, Faculty connections
Career Connection
Practical experience is highly valued by Indian employers, often being a deciding factor in hiring, and provides crucial networking opportunities for future career growth.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 or equivalent examination from a recognized board (As per Gulbarga University norms for B.Com admission)
Duration: 3 years (6 semesters)
Credits: 100 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECCC1.1 | Constitution of India | Ability Enhancement Compulsory Course (AECC) | 2 | Introduction to Indian Constitution, Fundamental Rights and Duties, Directive Principles of State Policy, Structure and Functions of Union Government, Structure and Functions of State Government |
| BDSC1.1 | Financial Accounting I | Discipline Specific Core (DSC) | 4 | Introduction to Accounting, Accounting Principles and Concepts, Journal, Ledger and Trial Balance, Subsidiary Books, Final Accounts of Sole Proprietorship |
| BDSC1.2 | Principles of Management | Discipline Specific Core (DSC) | 4 | Nature and Significance of Management, Planning and Decision Making, Organizing and Staffing, Directing and Motivation, Controlling and Coordination |
| BDSC1.3 | Indian Financial System | Discipline Specific Core (DSC) | 4 | Introduction to Financial System, Indian Money Market, Indian Capital Market, Financial Instruments, Financial Services |
| BMIL1.1 | Modern Indian Language (e.g., Kannada/Hindi/English/Urdu/Sanskrit) | Modern Indian Language (MIL) | 3 | Language Comprehension, Grammar and Vocabulary, Communication Skills, Literary Appreciation, Cultural Context |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BAECCC2.1 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 2 | Multidisciplinary Nature of Environmental Studies, Natural Resources and Ecosystems, Environmental Pollution and Control, Social Issues and the Environment, Human Population and the Environment |
| BDSC2.1 | Financial Accounting II | Discipline Specific Core (DSC) | 4 | Hire Purchase and Installment System, Branch Accounts, Departmental Accounts, Voyage Accounts, Insolvency Accounts |
| BDSC2.2 | Business Law | Discipline Specific Core (DSC) | 4 | Indian Contract Act 1872 (General Principles), Sales of Goods Act 1930, Indian Partnership Act 1932, Negotiable Instruments Act 1881, Consumer Protection Act 1986 |
| BDSC2.3 | Economics for Business | Discipline Specific Core (DSC) | 4 | Introduction to Business Economics, Consumer Behavior and Demand Analysis, Production and Cost Analysis, Market Structures, Macro Economic Concepts |
| BMIL2.1 | Modern Indian Language (e.g., Kannada/Hindi/English/Urdu/Sanskrit) | Modern Indian Language (MIL) | 3 | Advanced Language Skills, Essay Writing and Translation, Official Language Usage, Contemporary Literature, Public Speaking |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BDSC3.1 | Corporate Accounting I | Discipline Specific Core (DSC) | 4 | Share Capital and Issue of Shares, Debentures and their Redemption, Underwriting of Shares and Debentures, Valuation of Goodwill and Shares, Profit Prior to Incorporation |
| BDSC3.2 | Corporate Administration | Discipline Specific Core (DSC) | 4 | Formation of a Company, Memorandum and Articles of Association, Meetings and Resolutions, Appointment and Powers of Directors, Winding up of Companies |
| BDSC3.3 | Financial Management | Discipline Specific Core (DSC) | 4 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Capital Structure Theories, Working Capital Management |
| BGE3.1 | Open Elective (e.g., Rural Marketing/Entrepreneurship Development) | General Elective (GE) | 3 | Concepts of Elective Field, Key Theories and Models, Practical Applications, Case Studies, Current Trends |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BDSC4.1 | Corporate Accounting II | Discipline Specific Core (DSC) | 4 | Amalgamation, Absorption and Reconstruction, Consolidated Financial Statements, Accounting for Banking Companies, Accounting for Insurance Companies, Indian Accounting Standards (Ind AS) |
| BDSC4.2 | Income Tax Law and Practice | Discipline Specific Core (DSC) | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession |
| BDSC4.3 | Marketing Management | Discipline Specific Core (DSC) | 4 | Introduction to Marketing, Marketing Environment, Marketing Mix: Product, Price, Marketing Mix: Place, Promotion, Consumer Behavior and Market Segmentation |
| BGE4.1 | Open Elective (e.g., Advertising and Sales Promotion/Indian Business Environment) | General Elective (GE) | 3 | Concepts of Elective Field, Key Theories and Models, Practical Applications, Case Studies, Current Trends |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BDSC5.1 | Cost Accounting | Discipline Specific Core (DSC) | 4 | Introduction to Cost Accounting, Materials Costing and Control, Labor Costing and Control, Overheads Accounting, Job, Batch and Process Costing |
| BDSC5.2 | Auditing | Discipline Specific Core (DSC) | 4 | Introduction to Auditing, Types of Audit and Auditor, Audit Planning and Internal Control, Vouching and Verification of Assets/Liabilities, Company Audit and Auditor''''s Report |
| BDSC5.3 | Principles and Practice of Co-operation | Discipline Specific Core (DSC) | 4 | Co-operation - Meaning, Principles, History, Co-operative Movement in India, Types of Co-operative Societies, Structure of Co-operative Credit Institutions, Problems and Prospects of Co-operatives |
| BDSE5.1A | Advanced Corporate Accounting | Discipline Specific Elective (DSE) - Accountancy | 4 | Financial Reporting Practices, IFRS - Ind AS Convergence, Value Added Statement, Human Resource Accounting, Social Responsibility Accounting |
| BDSE5.2A | Management Accounting | Discipline Specific Elective (DSE) - Accountancy | 4 | Nature and Scope of Management Accounting, Fund Flow and Cash Flow Statements, Ratio Analysis for Managerial Decisions, Budgetary Control, Standard Costing and Variance Analysis |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BDSC6.1 | Goods and Services Tax (GST) | Discipline Specific Core (DSC) | 4 | Introduction to GST in India, Levy and Collection of GST, Time and Value of Supply, Input Tax Credit Mechanism, Registration, Returns, Payment of Tax under GST |
| BDSC6.2 | Quantitative Techniques for Business | Discipline Specific Core (DSC) | 4 | Introduction to Quantitative Techniques, Linear Programming, Transportation and Assignment Problems, Network Analysis (PERT/CPM), Decision Theory and Game Theory |
| BDSC6.3 | Entrepreneurship Development | Discipline Specific Core (DSC) | 4 | Concept and Nature of Entrepreneurship, Entrepreneurial Process and Motivation, Small Scale Industries and Government Policies, Project Report Preparation, Institutional Support to Entrepreneurs |
| BDSE6.1A | Accounting for Business Decisions | Discipline Specific Elective (DSE) - Accountancy | 4 | Responsibility Accounting, Transfer Pricing, Performance Measurement and Evaluation, Strategic Management Accounting, Activity Based Costing (ABC) |
| BDSE6.2A | Computerized Accounting and E-filing | Discipline Specific Elective (DSE) - Accountancy | 4 | Introduction to Computerized Accounting, Tally ERP 9 (or similar software) for Accounting, Generating Financial Statements using Software, E-filing of Income Tax Returns, E-filing of GST Returns |
