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BCOM in Accounting Taxation at SANGAMESHWAR DEGREE COLLEGE
Bagalkote, Karnataka
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About the Specialization
What is Accounting & Taxation at SANGAMESHWAR DEGREE COLLEGE Bagalkote?
This Accounting & Taxation program at SANGAMESHWAR DEGREE COLLEGE focuses on equipping students with core competencies in financial management, corporate accounting, and comprehensive tax regulations crucial for India''''s dynamic economy. The curriculum blends theoretical knowledge with practical applications, preparing graduates to navigate complex financial landscapes. It emphasizes ethical practices and adherence to Indian accounting standards, meeting the high industry demand for skilled professionals.
Who Should Apply?
This program is ideal for fresh graduates aspiring to build careers in finance, accounting, or taxation sectors across India. It also suits individuals seeking to upskill in specialized areas like corporate accounting and income tax, or those looking to transition into financial compliance roles. A strong aptitude for numbers and analytical thinking, typically from a commerce background (10+2), serves as a beneficial prerequisite.
Why Choose This Course?
Graduates of this program can expect promising career paths as tax consultants, financial analysts, auditors, or accountants in Indian companies. Entry-level salaries typically range from INR 2.5 Lakhs to 4.5 Lakhs per annum, with significant growth potential up to INR 8-12 Lakhs for experienced professionals. The program also aligns with foundational knowledge required for professional certifications like CA, CMA, and CS, enhancing long-term career trajectories.
Student Success Practices
Foundation Stage
Master Core Accounting & Economic Principles- (Semester 1-2)
Dedicate time to thoroughly understand fundamental concepts in Financial Accounting and Business Economics. Utilize textbooks, online tutorials, and peer study groups. Focus on practical problem-solving to solidify understanding, especially for journal entries and economic models. Actively participate in class discussions to clarify doubts.
Tools & Resources
Textbooks, University library resources, YouTube tutorials, Accounting software basic demos, Peer study groups
Career Connection
A strong foundation ensures easier comprehension of advanced subjects and builds analytical skills vital for any finance or accounting role.
Develop Foundational Computer Skills (MS-Excel & Tally)- (Semester 1-3)
Regularly practice using MS-Excel for data analysis, financial calculations, and report generation. Simultaneously, gain hands-on proficiency with Tally ERP 9 for accounting and inventory management. Seek opportunities for practical applications through college projects or simulations.
Tools & Resources
MS-Excel, Tally ERP 9 software, Online Tally tutorials, College computer lab sessions
Career Connection
These are indispensable tools in accounting and finance, making graduates highly employable for entry-level accounting and data entry positions.
Enhance Communication & Legal Acumen- (Semester 1-4)
Actively engage in communication-focused AECC courses to improve English and regional language proficiency. Pay close attention to Commercial Law subjects, understanding basic legal frameworks relevant to business. Participate in debates or presentations to boost confidence.
Tools & Resources
English language labs, Legal case study discussions, Business communication workshops, Role-playing exercises
Career Connection
Effective communication is crucial for client interactions and report writing, while legal knowledge provides a robust understanding of compliance in accounting and taxation.
Intermediate Stage
Dive Deep into Corporate & Income Tax Accounting- (Semester 3-5)
Focus intently on Corporate Accounting and Income Tax Law. Practice solving complex problems related to company accounts, tax calculations for various income heads, and deductions. Stay updated with amendments in Indian tax laws and accounting standards through financial news and government portals.
Tools & Resources
Income Tax Act publications, Corporate Law journals, Financial newspapers, ICAI study materials, Taxmann resources
Career Connection
Mastering these subjects directly prepares students for roles in corporate finance, auditing, and tax advisory services, especially in the Indian context.
Seek Practical Exposure via Internships & Projects- (Semester 4-5)
Actively search for internships with local CA firms, tax consultants, or companies'''' finance departments during summer breaks. Participate in college-organized industry projects or case study competitions. Apply theoretical knowledge to real-world scenarios to gain practical experience and network.
Tools & Resources
College placement cell, LinkedIn, Internshala, Local CA firms, Industry association events
Career Connection
Internships are critical for gaining industry insights, building professional networks, and often lead to pre-placement offers, significantly boosting employability.
Build Specialized Skill Sets through Electives- (Semester 5)
Utilize Discipline Specific Electives (DSEs) in Advanced Financial Accounting, Cost Accounting, and Income Tax to build expertise. Consider pursuing short-term certifications in areas like GST or Advanced Excel beyond the curriculum to further specialize and differentiate your profile.
Tools & Resources
NISM certifications, GST practitioner courses, Advanced Excel training, MOOCs on finance topics
Career Connection
Specialized skills are highly valued by employers, opening doors to specific roles in taxation, cost management, and financial reporting.
Advanced Stage
Intensify Placement Preparation & Mock Interviews- (Semester 6)
Begin rigorous preparation for campus placements and off-campus opportunities. Practice aptitude tests, group discussions, and mock interviews focusing on accounting, taxation, and general knowledge. Refine your resume and cover letter, tailoring them to specific job descriptions.
Tools & Resources
Placement cell workshops, Online aptitude platforms (e.g., Indiabix), Mock interview platforms, Resume builders
Career Connection
Effective preparation maximizes chances of securing desired positions in leading financial institutions and corporate houses, ensuring a smooth career launch.
Develop Advanced Financial & Analytical Thinking- (Semester 6)
Focus on advanced topics like Advanced Corporate Accounting and Financial Management, understanding their strategic implications. Engage in research methodology to critique and analyze financial reports. Develop strong problem-solving and critical thinking skills essential for higher-level roles.
Tools & Resources
Financial statement analysis reports, Economic Times, Business Line, Livemint, Bloomberg Terminal simulations
Career Connection
These skills are critical for roles requiring strategic financial planning, investment analysis, and management decision-making.
Network Professionally & Pursue Higher Education Guidance- (Semester 5-6)
Attend industry seminars, webinars, and alumni meet-ups to expand your professional network. Engage with faculty for guidance on higher education options like M.Com, MBA (Finance), CA, or CFA. Understand the requirements and preparation strategies for these competitive exams.
Tools & Resources
Professional networking events, Alumni associations, Career counseling sessions, Exam preparation guides
Career Connection
Networking opens doors to opportunities, and informed decisions about higher education can significantly accelerate career growth and specialization in the long run.
Program Structure and Curriculum
Eligibility:
- P.U.C (10+2) or equivalent
Duration: 6 semesters / 3 years
Credits: 148 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM CC 1.1 | Business Economics I | Core | 4 | Introduction to Economics, Consumer Behavior, Production Analysis, Cost Analysis, Market Structures |
| BCOM CC 1.2 | Financial Accounting I | Core | 4 | Introduction to Accounting, Accounting Concepts & Conventions, Journal, Ledger & Trial Balance, Final Accounts of Sole Proprietor, Rectification of Errors |
| BCOM AECC 1.1 | English | Ability Enhancement Compulsory Course | 3 | Grammar and Composition, Business Correspondence, Report Writing, Listening & Speaking Skills, Reading Comprehension |
| BCOM AECC 1.2 | Kannada / Sanskrit / Hindi | Ability Enhancement Compulsory Course | 3 | Language Grammar, Prose and Poetry, Communication Skills, Cultural Context, Translation |
| BCOM SEC 1.1 | Computer Fundamentals & OS | Skill Enhancement Course | 2 | Introduction to Computers, Hardware & Software, Operating System Concepts, Input/Output Devices, Networking Basics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM CC 2.1 | Business Economics II | Core | 4 | National Income, Money and Banking, Inflation and Deflation, Fiscal Policy, International Trade |
| BCOM CC 2.2 | Financial Accounting II | Core | 4 | Accounting for Depreciation, Partnership Accounts, Branch Accounts, Departmental Accounts, Insurance Claims |
| BCOM AECC 2.1 | English | Ability Enhancement Compulsory Course | 3 | Advanced Grammar, Technical Writing, Presentation Skills, Group Discussions, Soft Skills |
| BCOM AECC 2.2 | Kannada / Sanskrit / Hindi | Ability Enhancement Compulsory Course | 3 | Advanced Language Grammar, Literary Criticism, Creative Writing, Public Speaking, Cultural Studies |
| BCOM SEC 2.1 | MS-Excel | Skill Enhancement Course | 2 | Introduction to Excel, Data Entry and Formatting, Formulas and Functions, Charts and Graphs, Data Analysis Tools |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM CC 3.1 | Corporate Accounting I | Core | 4 | Share Capital Transactions, Debentures, Underwriting of Shares, Redemption of Preference Shares, Issue of Bonus Shares |
| BCOM CC 3.2 | Commercial Law | Core | 4 | Law of Contract, Sales of Goods Act, Negotiable Instruments Act, Consumer Protection Act, Partnership Act |
| BCOM CC 3.3 | Principles of Management | Core | 4 | Introduction to Management, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Motivation and Leadership |
| BCOM AECC 3.1 | English | Ability Enhancement Compulsory Course | 3 | Communication Theories, Technical Writing, Negotiation Skills, Intercultural Communication, Digital Communication |
| BCOM AECC 3.2 | Kannada / Sanskrit / Hindi | Ability Enhancement Compulsory Course | 3 | Regional Literature, Official Language Usage, Script Writing, Language for Business, Folklore and Tradition |
| BCOM SEC 3.1 | Tally | Skill Enhancement Course | 2 | Introduction to Tally ERP 9, Company Creation & Ledgers, Voucher Entry, Inventory Management, Generating Financial Reports |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM CC 4.1 | Corporate Accounting II | Core | 4 | Final Accounts of Companies, Amalgamation of Companies, Internal Reconstruction, Valuation of Goodwill and Shares, Banking Companies Accounts |
| BCOM CC 4.2 | Income Tax Law | Core | 4 | Basic Concepts of Income Tax, Residential Status, Income from Salaries, Income from House Property, Profits & Gains of Business or Profession |
| BCOM CC 4.3 | Marketing Management | Core | 4 | Introduction to Marketing, Product Decisions, Pricing Decisions, Promotion Decisions, Distribution Decisions |
| BCOM AECC 4.1 | English | Ability Enhancement Compulsory Course | 3 | Professional Etiquette, Cross-cultural Communication, Report Writing & Summarizing, CV Writing & Interview Skills, Digital Presentation Tools |
| BCOM AECC 4.2 | Kannada / Sanskrit / Hindi | Ability Enhancement Compulsory Course | 3 | Official Correspondence, Business Terminology, Translation for Business, Local Administration Language, Cultural Sensitivity in Communication |
| BCOM SEC 4.1 | E-Commerce | Skill Enhancement Course | 2 | Introduction to E-Commerce, E-Business Models, Online Payment Systems, Digital Marketing Strategies, E-Commerce Security |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM DSE 5.1 (Group A) | Advanced Financial Accounting | Discipline Specific Elective | 4 | Accounting Standards, Consignment Accounts, Joint Venture Accounts, Hire Purchase & Installment System, Royalty Accounts |
| BCOM DSE 5.2 (Group E) | Income Tax I | Discipline Specific Elective | 4 | Capital Gains, Income from Other Sources, Clubbing of Income, Set off & Carry forward of Losses, Deductions from Gross Total Income |
| BCOM DSE 5.3 (Group B) | Cost Accounting | Discipline Specific Elective | 4 | Introduction to Cost Accounting, Material Costing, Labor Costing, Overhead Costing, Reconciliation of Cost & Financial Accounts |
| BCOM SEC 5.1 | Business Ethics & Corporate Governance | Skill Enhancement Course | 2 | Ethical Theories in Business, Corporate Social Responsibility, Whistle-blowing, Corporate Governance Principles, Role of Directors |
| BCOM AECC 5.1 | Business Communication | Ability Enhancement Compulsory Course | 2 | Fundamentals of Communication, Verbal & Non-Verbal Communication, Internal & External Communication, Presentation Skills, Meeting Management |
| BCOM AECC 5.2 | Indian Constitution & Human Rights | Ability Enhancement Compulsory Course | 2 | Preamble and Basic Features, Fundamental Rights & Duties, Directive Principles of State Policy, Union & State Legislature, Human Rights Concepts |
| BCOM GE 5.1 | Principles of Macroeconomics | Generic Elective | 3 | Introduction to Macroeconomics, National Income Accounting, Theories of Employment, Aggregate Demand & Supply, Monetary and Fiscal Policies |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM DSE 6.1 (Group A) | Advanced Corporate Accounting | Discipline Specific Elective | 4 | Cash Flow Statement, Fund Flow Statement, Consolidated Financial Statements, Accounting for Mergers & Acquisitions, Inflation Accounting |
| BCOM DSE 6.2 (Group E) | Income Tax II | Discipline Specific Elective | 4 | Assessment of Individuals, Assessment of Firms, Tax Deduction at Source (TDS), Advance Tax, Income Tax Authorities & Procedures |
| BCOM DSE 6.3 (Group B) | Financial Management | Discipline Specific Elective | 4 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Leverage Analysis, Working Capital Management |
| BCOM SEC 6.1 | Research Methodology | Skill Enhancement Course | 2 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Report Writing |
| BCOM AECC 6.1 | Business Communication | Ability Enhancement Compulsory Course | 2 | Effective Business Letters, Email Etiquette, Formal Reports & Proposals, Handling Conflict & Negotiation, Digital Communication Tools |
| BCOM AECC 6.2 | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Ecosystems & Biodiversity, Environmental Pollution, Natural Resources, Sustainable Development, Environmental Management |
| BCOM GE 6.1 | Indian Financial System | Generic Elective | 3 | Structure of Indian Financial System, Money Market, Capital Market, Financial Institutions, Financial Services |
