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B-COM in General at Sachchidanand Sinha College, Aurangabad (Bihar)
Aurangabad, Bihar
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About the Specialization
What is General at Sachchidanand Sinha College, Aurangabad (Bihar) Aurangabad?
This B.Com program at Sachchidanand Sinha College, Aurangabad, focuses on providing a comprehensive understanding of commerce, business principles, and financial operations. It is designed to equip students with fundamental knowledge across accounting, finance, economics, and management, highly relevant to the evolving Indian business landscape. The curriculum emphasizes both theoretical concepts and practical applications, preparing graduates for diverse roles in trade, industry, and services.
Who Should Apply?
This program is ideal for fresh graduates from the 10+2 commerce stream seeking a strong foundation for a career in business. It also attracts individuals aspiring for roles in accounting, banking, financial services, and corporate management within India. Students with a keen interest in economic principles, market dynamics, and organizational functions will find this program particularly enriching.
Why Choose This Course?
Graduates of this program can expect to pursue various career paths in India, including roles as accountants, financial analysts, tax consultants, auditors, and business managers. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential based on experience and further qualifications like CA, CS, or MBA. The program builds a robust base for professional certifications and higher studies, fostering career advancement in dynamic Indian industries.
Student Success Practices
Foundation Stage
Build Strong Accounting Fundamentals- (Semester 1-2)
Focus rigorously on understanding core accounting principles, journal entries, ledger postings, and financial statement preparation. Regularly solve problems from textbooks and reference guides. Form study groups to discuss complex topics and clarify doubts early on.
Tools & Resources
T.S. Grewal, M.C. Shukla textbooks, Tally (basic understanding), Peer study groups
Career Connection
A strong grasp of accounting is foundational for roles in auditing, financial reporting, and tax compliance, which are highly in demand across all Indian industries.
Develop Basic Business Communication Skills- (Semester 1-2)
Actively participate in classroom discussions, present on business topics, and work on group projects to enhance verbal and written communication. Practice writing clear and concise business reports and emails. Read business news regularly to improve vocabulary and comprehension.
Tools & Resources
Business English communication guides, Public speaking clubs (if available), Business newspapers (e.g., Economic Times, Business Standard)
Career Connection
Effective communication is crucial for client interactions, team collaboration, and presenting ideas, vital for career progression in any corporate role in India.
Understand Economic Principles & Current Affairs- (Semester 1-2)
Pay close attention to micro and macroeconomics concepts, relating them to current Indian economic scenarios. Follow financial news channels and read economic surveys to understand policy implications and market trends. This builds a strong analytical base.
Tools & Resources
NCERT Economics books, LiveMint, Business Today, Economic Survey of India, Discussions with faculty
Career Connection
A solid economic understanding aids in financial analysis, market research, and strategic decision-making roles, valuable for navigating India''''s dynamic economy.
Intermediate Stage
Gain Practical Exposure to Taxation and Corporate Law- (Semester 3-5)
Beyond theoretical understanding, try to intern with a local CA firm or legal consultant, even for short periods, to observe practical applications of Income Tax and Corporate Law. Attend workshops on GST and company secretarial practices.
Tools & Resources
Income Tax Act, Companies Act, ICAI publications, Local CA/CS firm internships
Career Connection
Direct exposure provides practical skills highly valued for tax consulting, compliance, and corporate legal roles in Indian firms, enhancing employability.
Master Business Software Applications- (Semester 3-5)
Focus on practical mastery of software like MS Excel for data analysis and Tally for accounting. Seek certifications in these tools. Use these tools for project work and assignments to build proficiency.
Tools & Resources
Online courses (e.g., Coursera, Udemy) for Excel/Tally, Practice datasets, College computer labs
Career Connection
Proficiency in these tools is a non-negotiable skill for almost all commerce graduates in India, essential for roles in accounting, finance, and business analysis.
Participate in Business Competitions & Debates- (Semester 3-5)
Actively join college-level or inter-college business plan competitions, case study challenges, and debates. This develops critical thinking, problem-solving, and presentation skills crucial for real-world business scenarios.
Tools & Resources
College commerce club, Inter-college fests, Online business case studies
Career Connection
Such participation hones analytical abilities, leadership, and teamwork, making candidates more competitive for internships and entry-level management positions in India.
Advanced Stage
Focus on Specialization & Advanced Electives- (Semester 6)
Delve deep into chosen DSE subjects like Financial Management or International Business. Read advanced texts, research current industry trends, and network with professionals in these specific fields. Prepare project reports demonstrating expertise.
Tools & Resources
NPTEL courses, Industry journals (e.g., Chartered Accountant Journal), LinkedIn for networking
Career Connection
Specialization enhances expertise, making you a preferred candidate for niche roles in finance, international trade, or investment banking in India.
Undertake a Comprehensive Internship- (Semester 6 (after exams or during breaks))
Secure a 2-3 month internship with a reputable company (CA firm, bank, corporate finance department, or a startup) to gain hands-on experience in your area of interest. Focus on learning practical skills and building industry contacts.
Tools & Resources
College placement cell, Online internship platforms (Internshala, LinkedIn), Professional network
Career Connection
Internships are often the gateway to full-time employment in India, providing crucial experience and making you job-ready for placements.
Prepare for Higher Studies or Placements- (Semester 6)
If aspiring for an MBA or other professional courses (CA, CS), start preparing for entrance exams (CAT, CMAT, etc.) or foundation exams. For placements, polish your resume, practice group discussions, and mock interviews, focusing on typical questions asked in Indian recruitment drives.
Tools & Resources
Coaching institutes, Online aptitude tests, Mock interview sessions, Career counselors
Career Connection
Dedicated preparation maximizes chances for admission to top institutions or securing desired placements in competitive Indian job markets.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 or equivalent examination with Commerce stream from a recognized board, with minimum 45% marks in aggregate.
Duration: 3 years (6 semesters)
Credits: 128 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC1 | Financial Accounting I | Core | 6 | Theoretical Framework of Accounting, Accounting Process, Business Income Measurement, Accounting for Depreciation, Valuation of Inventories |
| CC2 | Business Law | Core | 6 | Indian Contract Act 1872, Sale of Goods Act 1930, Limited Liability Partnership Act 2008, Information Technology Act 2000, Consumer Protection Act 1986 |
| AECC1 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Multidisciplinary Nature of Environmental Studies, Ecosystems and their Structure, Biodiversity and its Conservation, Environmental Pollution, Social Issues and the Environment |
| GE1 | Principles of Microeconomics | Generic Elective | 6 | Introduction to Economics, Consumer Behavior Theories, Production and Cost Analysis, Market Structures and Pricing, Factor Pricing and Income Distribution |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC3 | Financial Accounting II | Core | 6 | Accounting for Partnership Firms, Dissolution of Partnership Firm, Branch Accounts, Departmental Accounts, Hire Purchase and Installment Systems |
| CC4 | Corporate Law | Core | 6 | Introduction to Company Law, Incorporation of a Company, Shares and Share Capital, Company Management and Meetings, Winding Up of Companies |
| AECC2 | English Communication | Ability Enhancement Compulsory Course | 2 | Theory of Communication, Reading Skills, Writing Skills, Listening Skills, Speaking Skills |
| GE2 | Principles of Macroeconomics | Generic Elective | 6 | Introduction to Macroeconomics, National Income Accounting, Money and Banking, Inflation and Unemployment, Open Economy Macroeconomics |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC5 | Income Tax Law and Practice | Core | 6 | Basic Concepts of Income Tax, Heads of Income, Deductions from Gross Total Income, Computation of Total Income, Assessment Procedures and Tax Planning |
| CC6 | Indian Economy | Core | 6 | Basic Characteristics of Indian Economy, Agriculture Sector in India, Industrial Sector Development, Service Sector Growth, Economic Reforms and Challenges |
| CC7 | Business Statistics | Core | 6 | Introduction to Statistics and Data Collection, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis |
| SEC1 | Computer Applications in Business | Skill Enhancement Course | 2 | Introduction to Computers and Operating Systems, Word Processing (MS Word), Spreadsheets (MS Excel), Presentation Software (MS PowerPoint), Internet and E-commerce Basics |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC8 | Cost Accounting | Core | 6 | Introduction to Cost Accounting, Material Costing Methods, Labour Costing Techniques, Overhead Costing and Control, Operating Costing and Reconciliation |
| CC9 | Business Mathematics | Core | 6 | Matrices and Determinants, Differential Calculus, Integral Calculus, Financial Mathematics, Linear Programming |
| CC10 | Principles of Marketing | Core | 6 | Introduction to Marketing, Product Decisions, Pricing Decisions, Promotion Decisions, Place (Distribution) Decisions |
| SEC2 | E-Commerce | Skill Enhancement Course | 2 | Introduction to E-Commerce, E-Commerce Business Models, E-Payment Systems, E-Security and Privacy, Legal and Ethical Issues in E-Commerce |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC11 | Management Accounting | Core | 6 | Introduction to Management Accounting, Financial Statement Analysis, Fund Flow and Cash Flow Statements, Budgetary Control, Standard Costing and Variance Analysis |
| CC12 | Banking and Insurance | Core | 6 | Introduction to Banking System, Commercial Banks and their Functions, Reserve Bank of India (RBI), Principles of Insurance, Types of Insurance |
| DSE1 | Financial Management | Discipline Specific Elective | 6 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Dividend Policy |
| DSE2 | Indian Financial System | Discipline Specific Elective | 6 | Structure of Indian Financial System, Financial Markets (Money & Capital), Financial Institutions (Banks, NBFCs), Financial Instruments, Regulatory Bodies (SEBI, RBI) |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC13 | Auditing and Corporate Governance | Core | 6 | Introduction to Auditing, Types of Audit, Audit Planning and Internal Control, Audit Report, Corporate Governance Principles |
| CC14 | Goods and Services Tax (GST) and Customs Law | Core | 6 | Introduction to GST, Levy and Collection of GST, Time and Value of Supply, Input Tax Credit, Customs Act 1962 |
| DSE3 | International Business | Discipline Specific Elective | 6 | Introduction to International Business, Theories of International Trade, Foreign Exchange Market, Global Business Environment, International Marketing Strategies |
| DSE4 | Fundamentals of Investment | Discipline Specific Elective | 6 | Investment Environment, Risk and Return Analysis, Equity Valuation, Bond Valuation, Portfolio Management |
