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B-COM in Commerce at Raghunath Mahavidyalaya, Kadadiha
Mayurbhanj, Odisha
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About the Specialization
What is Commerce at Raghunath Mahavidyalaya, Kadadiha Mayurbhanj?
This B.Com Commerce program at Raghunath Mahavidyalaya, affiliated with Maharaja Sriram Chandra Bhanja Deo University, focuses on core business, accounting, finance, and management principles. In India, a B.Com degree is foundational for careers in banking, taxation, auditing, and corporate sectors, driven by robust economic growth and increasing compliance needs. This program aims to build a strong theoretical and practical understanding of commercial operations and regulatory frameworks.
Who Should Apply?
This program is ideal for 10+2 graduates with a strong aptitude for numbers, business operations, and economic principles, seeking entry into the dynamic Indian commerce landscape. It also suits individuals aiming for professional qualifications like CA, CS, or CMA, providing a solid academic base. Ambitious students looking to understand the intricacies of finance, law, and taxation will find this program highly beneficial.
Why Choose This Course?
Graduates can expect diverse career paths in India, including roles as accountants, auditors, tax consultants, financial analysts, and business managers in both public and private sectors. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential up to INR 8-15 LPA with experience and additional certifications. The degree provides a strong foundation for higher studies like M.Com, MBA, or professional courses.
Student Success Practices
Foundation Stage
Build Strong Accounting Fundamentals- (Semester 1-2)
Dedicate regular time to practice financial accounting problems, understand journal entries, ledgers, and final accounts thoroughly. Focus on accuracy and speed from the very beginning of the course.
Tools & Resources
NCERT Accountancy books (Class 11 & 12), T.S. Grewal/D.K. Goel textbooks, Online tutorials on YouTube (e.g., Accounts Adda)
Career Connection
A solid accounting foundation is crucial for roles in auditing, taxation, and financial reporting, ensuring smooth progression to advanced corporate finance topics.
Develop Essential Business Communication Skills- (Semester 1-2)
Actively participate in classroom discussions, present on business topics, and write concise reports. Focus on improving English proficiency and professional correspondence skills.
Tools & Resources
Online platforms like Coursera/edX for ''''Business Communication'''' courses, Reading business newspapers (e.g., The Economic Times, Business Standard), Using grammar tools like Grammarly
Career Connection
Effective communication is vital for client interactions, team collaboration, and presenting financial analysis in any business role, significantly enhancing employability.
Engage in Peer Learning and Study Groups- (Semester 1-2)
Form small study groups with motivated peers to discuss challenging concepts, solve problems collaboratively, and prepare for internal assessments and end-semester examinations.
Tools & Resources
College library, common study areas, WhatsApp groups for quick discussions, Shared online documents (e.g., Google Docs) for collaborative note-taking
Career Connection
Fosters teamwork, problem-solving skills, and exposes students to different perspectives, all valuable for future corporate environments and group projects.
Intermediate Stage
Master Taxation & Financial Concepts with Practical Applications- (Semester 3-4)
Beyond textbooks, understand the practical implications of Income Tax and GST laws. Follow current updates from the Ministry of Finance and learn how these laws apply to real-world business scenarios.
Tools & Resources
Income Tax Department website (incometax.gov.in), GST Portal (gst.gov.in), Taxmann publications for case studies, YouTube channels providing tax updates (e.g., ClearTax)
Career Connection
Directly prepares students for roles in taxation, compliance, and financial advisory, which are crucial in India''''s complex and ever-evolving tax regime.
Seek Early Industry Exposure through Internships- (Semester 3-4)
Actively look for short-term internships during semester breaks or part-time roles with local accounting firms, small businesses, or NGOs to gain hands-on experience in areas like bookkeeping or basic financial analysis.
Tools & Resources
Internshala, LinkedIn for internship searches, College placement cell (if active), Direct approaches to small and medium enterprises (SMEs) in Mayurbhanj
Career Connection
Provides practical skills, builds a professional network, and makes resumes stand out for final placements, bridging the gap between academia and industry.
Develop Proficiency in Business Software (Tally, MS Excel)- (Semester 3-4)
Systematically learn and practice essential business software, especially Tally ERP for accounting and MS Excel for financial modeling, data analysis, and reporting.
Tools & Resources
Tally Solutions official website for tutorials, Online Excel courses (e.g., from Udemy, edX), YouTube tutorials for specific functions, Practice with datasets from sample business scenarios
Career Connection
These are indispensable tools for almost all commerce-related jobs in India, from accounting to finance and data analysis, significantly boosting employability.
Advanced Stage
Focus on Specialization & Advanced Certifications- (Semester 5-6)
Based on chosen DSE subjects, delve deeper into areas like investment, international business, or financial services. Consider pursuing foundational modules of professional courses like NISM certifications for finance.
Tools & Resources
NISM Certifications portal, ICAI/ICSI/ICMAI websites for foundational course materials, Specialized online courses (e.g., Coursera''''s Finance specializations)
Career Connection
Specialization makes graduates highly competitive for niche roles in specific sectors like equity research, banking, or international trade, enhancing career growth.
Engage in Comprehensive Placement Preparation- (Semester 5-6)
Regularly update resumes, practice aptitude tests (quantitative, logical reasoning, verbal ability), participate in mock interviews, and work on group discussion skills.
Tools & Resources
Online aptitude platforms (e.g., IndiaBix, PrepInsta), Career services/placement cell workshops, LinkedIn for professional networking, Mock interview sessions with faculty members
Career Connection
Directly impacts success in securing desired job roles with competitive salaries upon graduation, ensuring a smooth and successful transition into the professional world.
Undertake a Substantial Project/Dissertation- (Semester 5-6)
If possible, opt for the Project (Dissertation) DSE or pursue an independent research project. Choose a relevant business problem, conduct thorough research, analyze data, and present findings professionally.
Tools & Resources
Academic databases (Google Scholar - accessible via university library), Statistical software (MS Excel for basic analysis), Faculty mentorship for guidance, Academic writing guides for structuring reports
Career Connection
Develops critical thinking, research acumen, data analysis skills, and professional presentation abilities, highly valued in corporate research, consulting, and management roles.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 3 years / 6 semesters
Credits: 144 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC1 | Environmental Studies | Ability Enhancement Compulsory Course | 4 | Introduction to Environmental Studies, Natural Resources and Associated Problems, Ecosystems and their Components, Biodiversity and Conservation, Environmental Pollution and Control, Social Issues and the Environment |
| CC1 | Financial Accounting | Core Course | 6 | Introduction to Accounting and Accounting Process, Accounting for Self-Balancing Ledgers, Final Accounts of Manufacturing and Non-Manufacturing Entities, Accounting for Non-Profit Organizations, Consignment Accounts, Joint Venture Accounts |
| CC2 | Business Law | Core Course | 6 | Indian Contract Act 1872, Special Contracts: Indemnity, Guarantee, Bailment, Pledge, Law of Agency, Sale of Goods Act 1930, Negotiable Instruments Act 1881, Consumer Protection Act 2019 |
| GE1 | Principles of Micro Economics | Generic Elective | 6 | Introduction to Economics and Basic Problems, Theory of Consumer Behaviour, Production and Cost Analysis, Market Structures: Perfect Competition, Market Structures: Monopoly, Monopolistic Competition, Oligopoly, Factor Pricing and Income Distribution |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC2 | MIL (Odia/Alternative English) | Ability Enhancement Compulsory Course | 4 | Odia/English Grammar and Vocabulary, Prose and Poetry (for Odia), Reading Comprehension and Précis Writing (for English), Report Writing and Letter Writing (for English), Communication Skills and Language Usage |
| CC3 | Corporate Accounting | Core Course | 6 | Accounting for Share Capital, Accounting for Debentures, Valuation of Goodwill and Shares, Amalgamation of Companies, Internal Reconstruction of Companies, Consolidated Financial Statements |
| CC4 | Corporate Law | Core Course | 6 | Introduction to Company Law (Companies Act 2013), Incorporation of Company and Memorandum/Articles of Association, Share Capital and Debentures, Management and Administration of Companies, Meetings, Dividends, Accounts, and Audit, Winding Up of Companies |
| GE2 | Principles of Macro Economics | Generic Elective | 6 | Introduction to Macroeconomics and National Income Accounting, Determination of National Income and Output, Money and Banking, Inflation, Deflation, and Unemployment, Open Economy Macroeconomics, Monetary and Fiscal Policies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC5 | Income Tax Law & Practice | Core Course | 6 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession, Capital Gains and Income from Other Sources, Deductions |
| CC6 | Marketing Management | Core Course | 6 | Introduction to Marketing and Marketing Environment, Consumer and Business Markets, Product Decisions and Product Life Cycle, Pricing Decisions and Strategies, Promotion Decisions: Advertising, Sales Promotion, Personal Selling, Distribution Decisions and Channels of Distribution |
| CC7 | Human Resource Management | Core Course | 6 | Introduction to Human Resource Management, Human Resource Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Appraisal and Compensation Management, Employee Relations and Grievance Handling |
| SEC1A | E-Commerce | Skill Enhancement Course (Option A) | 4 | Introduction to E-Commerce and its Business Models, E-Payment Systems and Gateways, E-Security and Privacy Issues, E-Marketing and Advertising, E-Customer Relationship Management, Legal and Ethical Issues in E-Commerce |
| SEC1B | Computer Applications in Business | Skill Enhancement Course (Option B) | 4 | Introduction to Computers and Operating Systems, Word Processing (MS Word), Spreadsheet Applications (MS Excel) for Business, Presentation Software (MS PowerPoint), Database Management Systems (Basic Concepts), Internet and E-mail for Business Communication |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC8 | GST & Customs Law | Core Course | 6 | Introduction to Goods and Services Tax (GST), Levy and Collection of GST, Composition Levy, Time and Value of Supply, Input Tax Credit, Registration, Tax Invoice, Accounts and Records under GST, GST Procedures: Payment, Returns, Refunds, Customs Act 1962: Basic Concepts and Valuation |
| CC9 | Financial Management | Core Course | 6 | Introduction to Financial Management and Objectives, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Capital Structure Decisions and Theories, Dividend Decisions |
| CC10 | Principles of Micro Business Management | Core Course | 6 | Introduction to Management and its Functions, Planning: Nature, Purpose, Types of Plans, Organizing: Structure, Departmentation, Delegation, Staffing and Human Resource Management Fundamentals, Directing: Motivation, Leadership, Communication, Controlling: Process, Techniques, Budgetary Control |
| SEC2A | Digital Marketing | Skill Enhancement Course (Option A) | 4 | Introduction to Digital Marketing and its Channels, Search Engine Optimization (SEO), Search Engine Marketing (SEM) and PPC Advertising, Social Media Marketing Strategies, Content Marketing and Email Marketing, Web Analytics and Performance Measurement |
| SEC2B | Entrepreneurship Development | Skill Enhancement Course (Option B) | 4 | Concept of Entrepreneurship and Entrepreneurial Process, Role of Entrepreneurship in Economic Development, Business Plan Preparation, Sources of Finance for Entrepreneurs, Legal Aspects of Business Start-ups, Marketing and Growth Strategies for New Ventures |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC11 | Auditing & Corporate Governance | Core Course | 6 | Introduction to Auditing and its Objectives, Types of Audit and Audit Process, Audit Report and Internal Control System, Introduction to Corporate Governance, Board of Directors and Committee Structures, Ethics and Social Responsibility in Business |
| CC12 | Fundamentals of Financial Markets & Institutions | Core Course | 6 | Introduction to Indian Financial System, Money Market and its Instruments, Capital Market: Primary and Secondary Markets, Financial Institutions: Commercial Banks, NBFCs, Regulatory Bodies: RBI, SEBI, IRDA, Stock Exchanges and Depositories |
| DSE1A | Investment Analysis & Portfolio Management | Discipline Specific Elective (Option A) | 6 | Introduction to Investment and Investment Process, Risk and Return Analysis, Equity Valuation Models, Debt Valuation and Bond Analysis, Portfolio Theory and Diversification, Mutual Funds and Performance Evaluation |
| DSE1B | Banking & Insurance | Discipline Specific Elective (Option B) | 6 | Introduction to Banking System in India, Commercial Banks: Functions and Structure, Central Banking and Reserve Bank of India, Introduction to Insurance and Principles of Insurance, Types of Insurance: Life, General, Health, Insurance Regulatory and Development Authority (IRDA) |
| DSE2A | Management of Financial Services | Discipline Specific Elective (Option A) | 6 | Overview of Financial Services Industry, Merchant Banking and Issue Management, Leasing and Hire Purchase, Factoring and Forfaiting, Mutual Funds and Asset Management, Venture Capital and Credit Rating |
| DSE2B | Financial Reporting & Analysis | Discipline Specific Elective (Option B) | 6 | Introduction to Financial Reporting Framework, Analysis of Financial Statements, Ratio Analysis and Trend Analysis, Cash Flow Statement Analysis, Corporate Financial Disclosures, Segment Reporting and Earnings Management |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC13 | Cost Accounting | Core Course | 6 | Introduction to Cost Accounting and Cost Concepts, Material Costing and Inventory Control, Labour Costing and Methods of Wage Payment, Overhead Costing and Absorption Costing, Process Costing and Joint & By-Products, Budgetary Control and Standard Costing |
| CC14 | Management Accounting | Core Course | 6 | Introduction to Management Accounting, Fund Flow Statement, Cash Flow Statement (AS-3), Ratio Analysis for Managerial Decisions, Marginal Costing and Break-Even Analysis, Budgeting and Performance Evaluation |
| DSE3A | International Business | Discipline Specific Elective (Option A) | 6 | Introduction to International Business and its Environment, Theories of International Trade, Foreign Exchange Market and Exchange Rate Mechanisms, Global Financial System and International Institutions (IMF, World Bank), Balance of Payments, World Trade Organization (WTO) and Trade Blocs |
| DSE3B | Computerized Accounting | Discipline Specific Elective (Option B) | 6 | Fundamentals of Computerized Accounting Systems, Introduction to Tally ERP 9: Company Creation, Ledgers, Vouchers, Inventory Management in Tally, Payroll Accounting in Tally, Generating Financial Reports in Tally, Data Security and Backup in Accounting Software |
| DSE4A | Fundamentals of Investment | Discipline Specific Elective (Option A) | 6 | Investment Environment and Types of Investments, Risk and Return: Concepts and Measurement, Introduction to Security Analysis (Fundamental and Technical), Valuation of Equity Shares and Debt Instruments, Mutual Funds and their Operations, Portfolio Management: Basic Concepts |
| DSE4B | Business Research Methods | Discipline Specific Elective (Option B) | 6 | Introduction to Business Research and its Process, Research Design: Exploratory, Descriptive, Causal, Data Collection Methods: Primary and Secondary, Sampling Design and Techniques, Data Analysis and Interpretation, Report Writing and Presentation of Research Findings |
| DSE4C | Project (Dissertation) | Discipline Specific Elective (Option C) | 6 | Identifying Research Problem and Formulation of Objectives, Review of Literature, Research Methodology and Data Collection Plan, Data Analysis and Interpretation, Writing the Dissertation/Project Report, Viva Voce and Presentation |
