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B-COM in Finance Taxation at Seth Ram Bahadur Singh Gujarati College
Ernakulam, Kerala
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About the Specialization
What is Finance & Taxation at Seth Ram Bahadur Singh Gujarati College Ernakulam?
This Finance & Taxation program at Seth Ram Bahadur Singh Gujarati College focuses on equipping students with expertise in financial management, taxation laws, and accounting practices crucial for the Indian economy. It is designed to foster a deep understanding of financial markets, corporate finance, and the intricate tax framework, preparing graduates for diverse roles in India''''s rapidly evolving financial sector.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into financial analysis, tax consultancy, or accounting roles within India. It also suits working professionals looking to upskill in specific financial or taxation domains, and career changers aiming to transition into the dynamic Indian financial industry, particularly those with a strong aptitude for numbers and regulatory frameworks.
Why Choose This Course?
Graduates of this program can expect to pursue India-specific career paths as tax consultants, financial analysts, accountants, auditors, or investment advisors. Entry-level salaries typically range from INR 2.5 to 4.5 Lakhs annually, with experienced professionals earning upwards of INR 8-15 Lakhs. The program aligns with professional certifications like CA, CMA, and CS, providing a strong foundation for advanced studies and growth trajectories in Indian companies.
Student Success Practices
Foundation Stage
Build a Strong Accounting and Business Law Foundation- (Semester 1-2)
Focus diligently on fundamental accounting principles (Financial Accounting I & II) and business regulatory frameworks. Master concepts like journal entries, ledger posting, final accounts, and key provisions of Indian Contract and Sale of Goods Acts.
Tools & Resources
ICAI study materials, Standard accounting and law textbooks, College workshops on accounting software
Career Connection
A solid foundation is crucial for all finance and taxation roles, from entry-level accountant to future tax consultant or auditor, ensuring accuracy and compliance in business operations.
Develop Quantitative and Communication Skills- (Semester 1-2)
Pay close attention to complementary courses like Business Statistics and improve business communication skills. Practice report writing, presentations, and effective correspondence to articulate financial data clearly.
Tools & Resources
MS Excel for statistical analysis, College debate clubs or public speaking events, Business communication handbooks
Career Connection
Strong quantitative skills are essential for financial analysis, while effective communication is vital for client interactions, team collaboration, and presenting financial findings to stakeholders.
Engage in Peer Learning and Academic Clubs- (Semester 1-2)
Form study groups to discuss complex topics and participate actively in college commerce or finance clubs. Organize quizzes or seminars on basic business concepts.
Tools & Resources
Collaborative online platforms (e.g., Google Docs), College''''s Commerce Association, Library resources for group study
Career Connection
Enhances understanding, builds networking skills, and develops teamwork, which are highly valued in corporate environments for collaborative projects and problem-solving.
Intermediate Stage
Deep Dive into Indian Financial System and Corporate Accounting- (Semester 3-5)
Develop a comprehensive understanding of the Indian financial market structure, instruments, and institutions. Master advanced corporate accounting concepts, including mergers, acquisitions, and valuation.
Tools & Resources
Financial news (Business Standard, The Economic Times), SEBI reports and regulations, Advanced Corporate Accounting textbooks and problem books
Career Connection
This knowledge is directly applicable to roles in investment banking, financial advisory, corporate finance departments, and understanding stock market operations in India.
Specialized Skill Building in Income Tax and GST- (Semester 4-5)
Focus intensely on Income Tax Law and Practice and Goods and Service Tax (GST) courses. Understand the practical implications, calculation methods, and compliance requirements specific to the Indian context.
Tools & Resources
Income Tax Act 1961, GST Act and Rules, Publications by tax experts (e.g., V.K. Singhania), Tax software demonstrations, webinars on tax amendments
Career Connection
Directly prepares students for roles as tax preparers, GST practitioners, tax consultants, and helps in pursuing CA or CMA, critical for both individual and corporate taxation.
Seek Industry Internships and Case Study Participation- (Semester 4-5)
Actively search for short-term internships in accounting firms, banks, or corporate finance departments during semester breaks. Participate in inter-collegiate case study competitions focused on finance.
Tools & Resources
College placement cell, LinkedIn for internships, Online resources for case studies (e.g., Harvard Business Review), Industry workshops and seminars
Career Connection
Provides invaluable real-world experience, helps build industry contacts, and enhances problem-solving and analytical skills, making students more employable and industry-ready.
Advanced Stage
Excel in Financial Management and Investment Analysis- (Semester 6)
Master advanced concepts in financial management, including capital budgeting, working capital, and dividend policy. Develop expertise in security analysis and portfolio management to understand investment strategies.
Tools & Resources
Financial calculators and advanced spreadsheet models, NSE/BSE websites for market trends, Books on investment by renowned authors
Career Connection
Essential for roles as financial planners, portfolio managers, investment analysts, and corporate finance managers, providing skills for strategic financial decision-making.
Undertake a Relevant Research Project- (Semester 6)
Choose a project topic closely aligned with Finance or Taxation, such as ''''Impact of GST on SMEs'''' or ''''Performance Analysis of Indian Mutual Funds.'''' Conduct thorough research, data analysis, and present findings professionally.
Tools & Resources
Academic databases (JSTOR, Google Scholar), Statistical software (SPSS, R, Python), Guidance from faculty mentors, professional report writing guides
Career Connection
Develops research acumen, critical thinking, and independent problem-solving skills. A well-executed project enhances resume value and provides a talking point during job interviews.
Intensive Placement Preparation and Networking- (Semester 6)
Engage in rigorous placement training, including resume building, mock interviews, and group discussions. Network with alumni and industry professionals through college events and professional platforms.
Tools & Resources
College career services and training programs, Online interview preparation platforms (e.g., Indiabix), LinkedIn for professional networking, industry seminars
Career Connection
Maximizes chances of securing desired job roles in finance and taxation, building confidence for the professional world, and establishing valuable long-term professional relationships.
Program Structure and Curriculum
Eligibility:
- A pass in Plus Two or equivalent with not less than 45% marks in aggregate, or equivalent grade.
Duration: 6 semesters / 3 years
Credits: 120 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN1CBT01 | Business Communication | Common | 4 | Communication Process, Types of Communication, Business Letters, Report Writing, Presentation Skills, Soft Skills |
| ML1CBT01 | Second Language (e.g., Malayalam) | Common | 4 | Prose and Poetry, Grammar and Usage, Translation, Essay Writing, Communication Practice |
| CO1CRT01 | Financial Accounting I | Core | 4 | Introduction to Accounting, Journal and Ledger, Trial Balance, Final Accounts of Sole Proprietorship, Accounting Standards |
| CO1CMT01 | Business Regulatory Framework | Complementary | 3 | Indian Contract Act 1872, Sale of Goods Act 1930, Consumer Protection Act, Limited Liability Partnership Act, Negotiable Instruments Act 1881 |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN2CBT02 | Literature and Contemporary Issues | Common | 3 | Language and Society, Environmental Concerns, Human Rights, Gender Studies, Media and Culture |
| ML2CBT02 | Second Language (e.g., Malayalam) | Common | 4 | Advanced Grammar, Literary Criticism, Official Language Usage, Public Speaking, Short Stories and Essays |
| CO2CRT02 | Financial Accounting II | Core | 4 | Consignment Accounts, Joint Venture Accounts, Branch Accounts, Departmental Accounts, Hire Purchase and Installment Systems |
| CO2CMT02 | Principles of Business Decisions | Complementary | 3 | Introduction to Business Economics, Demand and Supply Analysis, Production and Cost Analysis, Market Structures, Pricing Strategies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN3CBT03 | Business Correspondence and Report Writing | Common | 4 | Office Correspondence, Memos and Circulars, Agenda and Minutes, Types of Business Reports, Press Releases |
| CO3CRT03 | Corporate Accounting I | Core | 4 | Issue and Forfeiture of Shares, Redemption of Debentures, Underwriting of Shares, Valuation of Goodwill, Valuation of Shares |
| CO3CRT04 | Indian Financial System | Core | 4 | Structure of Indian Financial System, Money Market, Capital Market, Financial Institutions, SEBI and RBI Regulations |
| CO3CMT03 | Quantitative Techniques for Business Research | Complementary | 3 | Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis, Index Numbers, Time Series Analysis |
| CO3CRT05 | Auditing | Core | 4 | Basics of Auditing, Internal Control System, Vouching and Verification, Audit Report, Types of Audit |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN4CBT04 | Readings on Indian Constitution, Secularism and Sustainable Environment | Common | 3 | Preamble and Fundamental Rights, Directive Principles of State Policy, Environmental Protection, Sustainable Development Goals, Concept of Secularism |
| CO4CRT06 | Corporate Accounting II | Core | 4 | Accounting for Amalgamation, Absorption and Reconstruction, Accounts of Banking Companies, Accounts of Insurance Companies, Liquidation of Companies |
| CO4CRT07 | Income Tax Law and Practice I | Core | 4 | Basic Concepts of Income Tax, Residential Status, Income from Salary, Income from House Property, Profits and Gains of Business or Profession |
| CO4CRT08 | Entrepreneurship Development | Core | 4 | Concept of Entrepreneurship, Entrepreneurial Process, Business Plan Preparation, MSME Sector in India, Support Institutions for Entrepreneurs |
| CO4CMT04 | Cost Accounting | Complementary | 3 | Introduction to Cost Accounting, Cost Concepts and Classification, Material Cost Control, Labour Cost Control, Overhead Cost, Cost Sheet |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO5CRT09 | Management Accounting | Core | 4 | Introduction to Management Accounting, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Budgetary Control, Marginal Costing |
| CO5CRT10 | Financial Management | Core | 4 | Introduction to Financial Management, Capital Budgeting Decisions, Working Capital Management, Cost of Capital, Capital Structure Theories, Dividend Policy |
| CO5CRT11 | Goods and Service Tax (GST) | Core | 4 | Introduction to GST in India, Levy and Collection of GST, Input Tax Credit, Registration under GST, GST Returns and Payments, E-Way Bill |
| CO5CRT12 | Income Tax Law and Practice II | Core | 4 | Income from Capital Gains, Income from Other Sources, Clubbing of Income, Set-off and Carry Forward of Losses, Deductions from Gross Total Income, Assessment Procedures |
| CO5OCT01 | E-Commerce | Open Course | 3 | Introduction to E-Commerce, E-Business Models, Payment Systems in E-Commerce, Online Marketing and Advertising, Cyber Security in E-Commerce, Legal and Ethical Issues |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO6CRT13 | Marketing Management | Core | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Product and Pricing Decisions, Promotion and Distribution Channels |
| CO6CRT14 | Financial Markets and Services | Core | 4 | Money Market Instruments, Capital Market Instruments, Mutual Funds, Merchant Banking, Factoring and Forfaiting, Venture Capital |
| CO6CRT15 | International Business | Core | 4 | Globalization and International Trade Theories, Balance of Payments, Foreign Exchange Market, Multinational Corporations, WTO and International Economic Institutions |
| CO6ECT01 | Security Analysis & Portfolio Management | Elective | 4 | Investment Process, Risk and Return, Fundamental Analysis, Technical Analysis, Portfolio Construction, Portfolio Performance Evaluation |
| CO6PRT01 | Project & Viva Voce | Project | 2 | Research Methodology, Data Collection Techniques, Data Analysis and Interpretation, Report Writing, Presentation Skills, Viva Voce Examination |
