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BACHELOR-OF-COMMERCE in Account Finance at Seshadripuram College
Bengaluru, Karnataka
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About the Specialization
What is Account & Finance at Seshadripuram College Bengaluru?
This Account & Finance program at Seshadripuram College focuses on equipping students with a robust understanding of financial principles, accounting practices, and taxation laws crucial for the Indian corporate landscape. It emphasizes practical skills and theoretical knowledge, preparing graduates for dynamic roles in finance, audit, and compliance within India''''s rapidly growing economy. The curriculum is designed to meet the evolving demands of the Indian financial sector.
Who Should Apply?
This program is ideal for 10+2 graduates with a strong aptitude for numbers and an interest in financial systems. It also suits individuals seeking entry into accounting, taxation, and financial advisory roles. Aspiring finance professionals, those looking to join Big 4 accounting firms in India, or entrepreneurs needing strong financial acumen for their startups will find this specialization highly beneficial. No specific prerequisite background beyond 10+2 commerce is usually required.
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 compliance officers. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with experienced professionals earning significantly more. The program aligns well with pathways for professional certifications like CA, CMA, and ACCA, providing a strong academic base for further growth in Indian and global firms.
Student Success Practices
Foundation Stage
Master Core Accounting Principles- (Semester 1-2)
Focus intensively on understanding the fundamentals of Financial Accounting, Business Law, and Management Principles. Regularly solve practical problems from textbooks and previous year question papers. Join study groups to discuss complex concepts and clarify doubts.
Tools & Resources
Textbooks (e.g., T.S. Grewal for Accounting), Online accounting tutorials, College library resources
Career Connection
A strong foundation is critical for advanced accounting and finance roles, providing the bedrock for understanding corporate finance and taxation later.
Develop Quantitative and Digital Fluency- (Semester 1-2)
Pay close attention to Quantitative Analysis and Computer Fundamentals. Practice statistical problem-solving and become proficient in MS Office tools, especially Excel for basic data handling. Participate in workshops on digital literacy offered by the college.
Tools & Resources
MS Excel, Online tutorials for statistical methods, Campus computer labs, Digital India initiatives
Career Connection
These skills are essential for financial data analysis, reporting, and operating modern accounting software, highly valued in today''''s finance jobs.
Engage in Peer Learning and Communication Practice- (Semester 1-2)
Actively participate in class discussions, form peer study groups, and practice effective communication through presentations and debates. Work on improving both written and verbal English skills, as professional communication is vital in finance.
Tools & Resources
College communication labs, Online English grammar resources, Peer review sessions
Career Connection
Strong communication is crucial for client interactions, team collaboration, and presenting financial reports in any finance or accounting role.
Intermediate Stage
Gain Expertise in Taxation and Corporate Accounting- (Semester 3-5)
Deep dive into Income Tax, Corporate Accounting, and GST. Solve case studies, work through complex tax calculations, and understand the practical implications of tax laws. Seek internships during breaks, even short-term ones, with local tax consultants or small businesses.
Tools & Resources
Income Tax Act guides, GST portal, Tally software, Local CA firms
Career Connection
This specialization directly leads to roles in taxation, audit, and corporate finance, highly sought after in India.
Explore Financial Markets and Banking Operations- (Semester 3-5)
Beyond the syllabus, read financial newspapers (e.g., Economic Times, Business Standard), follow market trends, and understand basic investment strategies. Consider joining college finance clubs or attending guest lectures by industry experts on banking and capital markets.
Tools & Resources
Moneycontrol.com, NSE/BSE websites, Financial news apps, Virtual stock market games
Career Connection
Understanding financial markets is crucial for roles in investment banking, portfolio management, and financial advisory.
Master Computerized Accounting and Advanced Excel- (Semester 3-5)
Become highly proficient in Tally ERP and advanced Excel functions (VLOOKUP, Pivot Tables, Macros). Seek out hands-on projects that require generating financial statements and reports using these tools. This practical skill is a major differentiator in job interviews.
Tools & Resources
Tally ERP software, Advanced Excel courses (e.g., Udemy, Coursera), YouTube tutorials
Career Connection
These are indispensable skills for almost all accounting and finance roles, increasing efficiency and accuracy in day-to-day tasks.
Advanced Stage
Undertake an Industry-Relevant Project/Internship- (Semester 6)
Choose a project in areas like financial analysis, forensic accounting, or tax planning. Seek full-time internships at accounting firms, banks, or corporate finance departments. This practical experience is invaluable for understanding real-world challenges and building a professional network.
Tools & Resources
Internship portals (Naukri, LinkedIn, Internshala), Industry mentors, College placement cell
Career Connection
Practical experience significantly enhances resume value, often leading to pre-placement offers and better job prospects.
Prepare for Professional Certifications & Placements- (Semester 6)
Begin preparing for professional certifications like CA Foundation, CMA India, or ACCA papers if aiming for chartered roles. Simultaneously, engage actively with the college''''s placement cell, attend mock interviews, resume writing workshops, and participate in campus recruitment drives.
Tools & Resources
Coaching institutes for CA/CMA/ACCA, Online aptitude test platforms, HR professionals for mock interviews
Career Connection
These certifications open doors to high-paying, specialized roles, while placement preparation ensures a smooth transition into employment.
Network with Professionals and Alumni- (Semester 6)
Attend industry seminars, webinars, and alumni meet-ups. Build connections on platforms like LinkedIn with professionals in accounting and finance. Learn about different career paths and gain insights into industry expectations.
Tools & Resources
LinkedIn, Industry association events (e.g., ICAI, FICCI), College alumni network
Career Connection
Networking is crucial for mentorship, job referrals, and staying updated on industry trends, which can significantly accelerate career growth.
Program Structure and Curriculum
Eligibility:
- Pass in PUC/10+2 (Arts, Science, Commerce) or equivalent examination from a recognized board/university.
Duration: 3 years / 6 semesters
Credits: 110 Credits
Assessment: Internal: 40% (for Theory subjects), External: 60% (for Theory subjects)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCML 1.1 | Kannada/Sanskrit/Hindi/Urdu/Telugu/Malayalam/Tamil/Addl. English I | Ability Enhancement Compulsory Course | 2 | Communication Skills, Grammar and Usage, Prose and Poetry, Cultural Context, Literary Appreciation |
| BCML 1.2 | Language English I | Ability Enhancement Compulsory Course | 2 | Language and Communication, Functional Grammar, Reading Comprehension, Paragraph Writing, Vocabulary Building |
| BCM 1.3 | Financial Accounting I | Core | 4 | Introduction to Accounting, Accounting Process, Preparation of Final Accounts, Consignment Accounts, Joint Venture Accounts |
| BCM 1.4 | Business Environment | Core | 4 | Nature of Business Environment, Economic Environment, Political and Legal Environment, Socio-Cultural Environment, Technological Environment |
| BCM 1.5 | Principles of Management | Core | 4 | Introduction to Management, Planning and Decision Making, Organizing and Staffing, Directing and Motivation, Controlling and Coordination |
| BCM 1.6 | Computer Fundamentals & Internet | Skill Enhancement Course | 2 | Introduction to Computers, Hardware and Software, Operating Systems Basics, MS Office Applications, Internet and E-mail Concepts |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCML 2.1 | Kannada/Sanskrit/Hindi/Urdu/Telugu/Malayalam/Tamil/Addl. English II | Ability Enhancement Compulsory Course | 2 | Advanced Communication, Literary Forms, Critical Appreciation, Cultural Narratives, Translation Skills |
| BCML 2.2 | Language English II | Ability Enhancement Compulsory Course | 2 | Advanced Grammar, Essay Writing, Report Writing, Letter Writing, Public Speaking |
| BCM 2.3 | Financial Accounting II | Core | 4 | Partnership Accounts, Admission and Retirement of Partner, Dissolution of Partnership Firm, Accounting for Incomplete Records, Branch and Departmental Accounts |
| BCM 2.4 | Business Law | Core | 4 | Indian Contract Act 1872, Sale of Goods Act 1930, Consumer Protection Act 2019, Negotiable Instruments Act 1881, Indian Partnership Act 1932 |
| BCM 2.5 | Quantitative Analysis for Business Decisions I | Core | 4 | Introduction to Statistics, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis |
| BCM 2.6 | Digital Fluency | Skill Enhancement Course | 2 | Digital Devices and Systems, Digital Security and Privacy, Cyber Hygiene, E-commerce and Digital Payments, Digital Government Services |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCM 3.1 | Corporate Accounting | Core | 4 | Accounting for Shares, Accounting for Debentures, Redemption of Preference Shares, Amalgamation and Reconstruction, Company Final Accounts |
| BCM 3.2 A.T. | Income Tax I | Discipline Specific Core (Accountancy & Taxation) | 4 | Basic Concepts of Income Tax, Residential Status, Exempted Incomes, Income from Salary, Income from House Property |
| BCM 3.3 | Banking Operations | Core | 4 | Commercial Banking, Central Banking, Banking Sector Reforms, Types of Bank Accounts, Electronic Banking Services |
| BCM 3.4 | Entrepreneurship Development | Core | 4 | Concept of Entrepreneurship, Entrepreneurial Process, Business Plan Preparation, Small Scale Industries, Government Support for SMEs |
| BCM 3.5 A.T. | Computerised Accounting with Tally/Advanced Excel for Business | Skill Enhancement Course | 2 | Fundamentals of Tally ERP, Creating Ledgers and Vouchers, Financial Statement Generation, Advanced Excel Functions, Data Analysis with Excel |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCM 4.1 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Cost Concepts and Classification, Material Costing, Labour Costing, Overhead Costing |
| BCM 4.2 A.T. | Income Tax II | Discipline Specific Core (Accountancy & Taxation) | 4 | Profits and Gains of Business/Profession, Capital Gains, Income from Other Sources, Clubbing of Income, Set off and Carry forward of Losses |
| BCM 4.3 | Financial Markets and Services | Core | 4 | Introduction to Financial Markets, Money Market, Capital Market, Financial Instruments, Financial Services |
| BCM 4.4 | Business Statistics | Core | 4 | Probability Distribution, Sampling and Estimation, Hypothesis Testing, Chi-Square Test, Analysis of Variance (ANOVA) |
| BCM 4.5 A.T. | Financial Literacy and Banking/Stock Market Operations | Skill Enhancement Course | 2 | Personal Finance Management, Investment Planning, Stock Market Basics, Trading and Demat Accounts, Mutual Funds and SIPs |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCM 5.1 A.T. | Accounting Standards & IFRS | Discipline Specific Core (Accountancy & Taxation) | 4 | Introduction to Accounting Standards, Indian Accounting Standards (Ind AS), International Financial Reporting Standards (IFRS), Convergence with IFRS, Disclosure Requirements |
| BCM 5.2 | Financial Management | Core | 4 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Dividend Policy |
| BCM 5.3 A.T. | GST and Customs Duty | Discipline Specific Core (Accountancy & Taxation) | 4 | Introduction to GST, Levy and Collection of GST, Input Tax Credit, Time and Value of Supply, Customs Act 1962 |
| BCM 5.4.1A | Auditing and Assurance | Discipline Specific Elective (Accountancy & Taxation) | 4 | Introduction to Auditing, Internal Control System, Vouching and Verification, Company Audit, Audit Report |
| BCM 5.5 | Professional Ethics and Human Values | Ability Enhancement Compulsory Course | 2 | Ethics in Business, Human Values and Virtues, Professional Code of Conduct, Corporate Governance, Social Responsibility |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCM 6.1 A.T. | Advanced Corporate Accounting | Discipline Specific Core (Accountancy & Taxation) | 4 | Valuation of Goodwill and Shares, Consolidated Financial Statements, Accounts of Banking Companies, Accounts of Insurance Companies, Mergers and Acquisitions Accounting |
| BCM 6.2 | Management Accounting | Core | 4 | Introduction to Management Accounting, Fund Flow Statement, Cash Flow Statement, Ratio Analysis, Budgetary Control |
| BCM 6.3 A.T. | Business Research Methods | Discipline Specific Core (Accountancy & Taxation) | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation |
| BCM 6.4.1A | International Financial Reporting | Discipline Specific Elective (Accountancy & Taxation) | 4 | Global Accounting Environment, IFRS Implementation Challenges, Group Accounting under IFRS, Financial Instruments under IFRS, IFRS Disclosure Requirements |
| BCM 6.5 | Project Work (Dissertation/Industrial Project) | Core | 4 | Project Formulation, Literature Review, Methodology Design, Data Collection and Analysis, Report Writing and Presentation |
