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B-COM-HONOURS in Accountancy at Ramsaday College

Ramsaday College, established in 1946 in Howrah, West Bengal, stands as a distinguished general degree college affiliated with the University of Calcutta. It offers diverse undergraduate programs across 18 departments in Arts, Science, and Commerce, fostering a robust academic environment for students.

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Howrah, West Bengal

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About the Specialization

What is Accountancy at Ramsaday College Howrah?

This Accountancy program at Ramsaday College focuses on developing a robust understanding of financial principles, taxation, auditing, and corporate governance. Rooted deeply in the Indian financial landscape, the curriculum emphasizes practical application relevant to the country''''s dynamic economic growth and regulatory environment. It prepares students for diverse roles in finance and accounting, addressing the significant industry demand for skilled professionals.

Who Should Apply?

This program is ideal for aspiring finance professionals, fresh graduates seeking entry into accounting, taxation, or auditing roles within Indian companies. It also caters to individuals aiming for professional qualifications like CA, CS, or CMA, providing a strong academic foundation. Students with a keen interest in financial data analysis, compliance, and strategic financial planning will find this specialization particularly rewarding.

Why Choose This Course?

Graduates of this program can expect to secure roles as accountants, auditors, tax consultants, or financial analysts in India. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential up to INR 8-15 lakhs or more with experience and professional certifications. Career paths often lead to managerial positions in finance departments or entrepreneurial ventures in advisory services, aligning with India''''s booming financial sector.

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Specialization

Student Success Practices

Foundation Stage

Master Basic Accounting Concepts and Laws- (undefined)

Dedicating ample time in Semesters 1 and 2 to fully grasp fundamental accounting principles, business laws, and micro/macroeconomics is crucial. Focus on conceptual clarity rather than rote memorization. Actively participate in tutorials and solve practical problems to build a strong foundation.

Tools & Resources

Textbooks prescribed by Calcutta University, Online tutorials for basic accounting like Investopedia, Past year question papers

Career Connection

A solid foundation is essential for understanding advanced subjects and cracking entry-level interviews in finance and accounting firms.

Develop Strong Communication Skills- (undefined)

Utilize the Communicative English course to enhance written and verbal communication. Practice essay writing, report structuring, and public speaking. Join debate clubs or presentation competitions to build confidence. Effective communication is vital for client interaction and team collaboration in the accounting profession.

Tools & Resources

Grammarly, Toastmasters (if available), Reading business newspapers and journals

Career Connection

Good communication helps in client management, presenting audit reports, and effective team coordination, significantly impacting career progression.

Engage in Peer Learning and Study Groups- (undefined)

Form study groups with classmates to discuss complex topics, solve problems together, and prepare for exams. Teaching concepts to others can deepen your own understanding. Peer discussions can also expose you to different perspectives on problem-solving.

Tools & Resources

College library study rooms, Online collaboration tools like Google Docs

Career Connection

Collaborative learning fosters teamwork skills, which are highly valued in corporate finance and audit environments.

Intermediate Stage

Build Practical Skills with Software Applications- (undefined)

In Semesters 3-4, focus on practical application by learning accounting software (like Tally ERP, QuickBooks) and advanced Excel functions alongside academic studies. Seek out workshops or online courses. The ''''Computer Applications in Business'''' and ''''E-Commerce'''' courses provide a strong starting point.

Tools & Resources

Tally ERP 9/Prime, Microsoft Excel tutorials (e.g., Coursera, Udemy), College computer labs

Career Connection

Proficiency in accounting software and Excel is a non-negotiable skill for almost all accounting and finance roles in India, improving employability and efficiency.

Seek Early Internship or Practical Exposure- (undefined)

During breaks between Semesters 3 and 4, actively look for short-term internships or apprenticeships with small accounting firms, tax consultants, or local businesses. This hands-on experience will provide real-world context to subjects like Cost Accounting and Income Tax.

Tools & Resources

LinkedIn, Internshala, College placement cell notices, Local CA firms

Career Connection

Practical exposure significantly enhances resume value, provides networking opportunities, and helps clarify career interests, leading to better placements.

Participate in Academic Competitions and Seminars- (undefined)

Engage in college-level or inter-college debates, quizzes, and case study competitions related to finance and business. Attend seminars and workshops conducted by industry experts. This exposure broadens knowledge and helps develop analytical thinking and presentation skills.

Tools & Resources

College cultural/academic clubs, Industry events organized by ICAI/ICSI student chapters

Career Connection

Participation showcases initiative and leadership, providing valuable talking points in interviews and enhancing your professional network.

Advanced Stage

Intensive Preparation for Professional Exams (CA/CMA/CS)- (undefined)

In Semesters 5-6, align your studies with the syllabus of professional exams like CA, CMA, or CS, if pursuing them. Focus on DSE subjects like Advanced Financial Accounting and GST. Join coaching classes or dedicated study groups. The project work in Semester 6 can be tailored to simulate real-world professional challenges.

Tools & Resources

Official study materials of ICAI/ICMAI/ICSI, Reputable coaching institutes, Past exam papers

Career Connection

Parallel preparation significantly boosts chances of clearing professional exams early, leading to high-demand careers and accelerated growth in the Indian financial sector.

Develop Advanced Analytical and Reporting Skills- (undefined)

Concentrate on developing strong analytical skills, particularly in interpreting financial statements and managing data. The Financial Reporting and Analysis and Accounting for Managerial Decisions papers are key. Practice creating detailed reports and presentations based on financial data. Leverage the project work for in-depth analysis.

Tools & Resources

Advanced Excel (VBA, Power Query), Data visualization tools like Tableau (basic level), Case studies in financial analysis

Career Connection

These skills are critical for roles in financial analysis, corporate finance, and strategic management, allowing you to move beyond entry-level data processing.

Network Actively and Prepare for Placements- (undefined)

Attend campus recruitment drives, industry seminars, and alumni networking events. Refine your resume and practice interview skills, including group discussions and technical accounting questions. Seek guidance from career counselors or faculty members for placement preparation.

Tools & Resources

LinkedIn, College placement cell workshops, Mock interview platforms

Career Connection

Effective networking can open doors to internships and full-time positions. Strong placement preparation is vital for securing desired roles in leading companies and accelerating career launch.

Program Structure and Curriculum

Eligibility:

  • 10+2 (Higher Secondary Examination) in Commerce stream or equivalent, with minimum aggregate marks as per University of Calcutta regulations and Ramsaday College admission criteria (typically 45-50% in aggregate and relevant subjects).

Duration: 3 years / 6 semesters

Credits: 140 Credits

Assessment: Internal: 20%, External: 80%

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
GE 1.1 ChGPrinciples of MicroeconomicsGeneral Elective6Demand and Supply Analysis, Consumer Behavior Theories, Production and Cost Analysis, Market Structures, Factor Pricing
CC 1.1 ChGFinancial Accounting - ICore6Theoretical Framework of Accounting, Accounting Principles and Standards, Final Accounts of Sole Proprietorship, Consignment and Joint Venture Accounts, Self-Balancing Ledgers
CC 1.2 ChGBusiness LawCore6Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Consumer Protection Act, 1986, Limited Liability Partnership Act, 2008
AECC 1.1 ChGEnvironmental StudiesAbility Enhancement Compulsory Course2Multidisciplinary Nature of Environmental Studies, Ecosystems and Biodiversity, Environmental Pollution, Social Issues and the Environment, Human Population and the Environment

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
GE 2.1 ChGPrinciples of MacroeconomicsGeneral Elective6National Income Accounting, Theory of Money and Banking, Inflation and Unemployment, Fiscal and Monetary Policy, Balance of Payments
CC 2.1 ChGFinancial Accounting - IICore6Admission, Retirement, Death of a Partner, Dissolution of Partnership Firms, Insolvency Accounts, Branch and Departmental Accounts, Hire Purchase and Installment System
CC 2.2 ChGCorporate LawCore6Companies Act, 2013: Incorporation, Memorandum and Articles of Association, Shares and Share Capital, Directors and Key Managerial Personnel, Meetings and Resolutions
AECC 2.1 ChGCommunicative EnglishAbility Enhancement Compulsory Course2English Grammar and Vocabulary, Reading Comprehension, Business Correspondence, Report Writing, Presentation Skills

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
GE 3.1 ChGIndian EconomyGeneral Elective6Basic Characteristics of Indian Economy, Poverty and Inequality in India, Agriculture and Industrial Policy, Service Sector in India, Economic Reforms since 1991
CC 3.1 ChGCost AccountingCore6Introduction to Cost Accounting, Material Cost Control, Labor Cost Control, Overhead Absorption, Cost Sheet and Job Costing
CC 3.2 ChGIncome Tax Law and PracticeCore6Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession
CC 3.3 ChGBusiness Mathematics and StatisticsCore6Ratios and Proportions, Matrices and Determinants, Correlation and Regression Analysis, Probability Theory, Index Numbers
SEC 3.1 ChGComputer Applications in BusinessSkill Enhancement Course2Introduction to Computers, Operating Systems and Word Processing, Spreadsheet for Business, Database Management Systems, Presentation Tools

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
GE 4.1 ChGBusiness Ethics and Corporate Social ResponsibilityGeneral Elective6Concepts of Business Ethics, Ethical Dilemmas in Business, Theories of Corporate Governance, Evolution of CSR in India, CSR Initiatives and Reporting
CC 4.1 ChGAuditing and AssuranceCore6Fundamentals of Auditing, Types of Audit, Internal Control System, Vouching and Verification, Audit Report and Certificates
CC 4.2 ChGBusiness CommunicationCore6Process of Communication, Verbal and Non-Verbal Communication, Business Letters and Memos, Reports and Proposals, Interviews and Group Discussions
CC 4.3 ChGFinancial ManagementCore6Nature and Scope of Financial Management, Capital Budgeting Decisions, Cost of Capital, Capital Structure Theories, Working Capital Management
SEC 4.1 ChGE-CommerceSkill Enhancement Course2Introduction to E-Commerce, Business Models in E-Commerce, Payment Systems in E-Commerce, Security and Legal Issues, Marketing in E-Commerce

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
DSE 5.1 ChAAdvanced Financial Accounting - IDiscipline Specific Elective (Specialization)6Company Final Accounts, Valuation of Goodwill and Shares, Amalgamation and Reconstruction, Holding Company Accounts, Accounting for Government Grants
DSE 5.2 ChAAccounting for Managerial DecisionsDiscipline Specific Elective (Specialization)6Introduction to Management Accounting, Marginal Costing and Break-Even Analysis, Budgetary Control, Standard Costing, Fund Flow and Cash Flow Statements
DSE 5.3 ChAIndian Financial SystemDiscipline Specific Elective (Specialization)6Structure of Indian Financial System, Financial Markets (Money Market, Capital Market), Financial Instruments, Financial Institutions (Banks, NBFCs), Role of RBI and SEBI
DSE 5.4 ChAFinancial Reporting and AnalysisDiscipline Specific Elective (Specialization)6Framework of Financial Reporting, Indian Accounting Standards (Ind AS), Interpretation of Financial Statements, Ratio Analysis for Decision Making, Corporate Financial Reporting Trends

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
DSE 6.1 ChAAdvanced Financial Accounting - IIDiscipline Specific Elective (Specialization)6Insolvency Accounts of Individuals, Accounting for Banking Companies, Accounting for Insurance Companies, Value Added Statement, Human Resource Accounting
DSE 6.2 ChACorporate Governance and Social ResponsibilityDiscipline Specific Elective (Specialization)6Concepts and Theories of Corporate Governance, SEBI Guidelines on Corporate Governance, Whistle-Blowing Mechanism, Triple Bottom Line Reporting, Sustainability Reporting
DSE 6.3 ChAProject Work / Viva VoceDiscipline Specific Elective (Specialization)6Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Viva Voce Preparation
DSE 6.4 ChAGoods and Services Tax (GST) and Customs LawDiscipline Specific Elective (Specialization)6Introduction to GST, Levy and Collection of GST, Input Tax Credit, Registration, Returns and Refunds, Basic Concepts of Customs Law
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