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B-COM-REGULAR in Finance at Shonebhadra Adarsh Degree College
Garhwa, Jharkhand
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About the Specialization
What is Finance at Shonebhadra Adarsh Degree College Garhwa?
This Finance specialization at Shonebhadra Adarsh Degree College, affiliated with Nilamber Pitamber University, focuses on equipping students with a robust understanding of financial markets, instruments, and management principles. It is designed to meet the growing demand for finance professionals in India''''s dynamic economic landscape, providing a strong foundation in both theoretical concepts and practical applications. The program integrates core commerce knowledge with specialized financial expertise.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in finance and an aptitude for analytical thinking. It caters to freshers aspiring for entry-level roles in banking, financial services, or corporate finance. It is also suitable for individuals looking to build a career in investment, wealth management, or financial analysis within India''''s burgeoning financial sector.
Why Choose This Course?
Graduates of this program can expect to pursue diverse India-specific career paths such as Financial Analyst, Investment Banker, Portfolio Manager, Tax Consultant, or roles in corporate finance departments. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential up to INR 8-15 LPA for experienced professionals in leading Indian companies and MNCs operating locally. It aligns with foundational requirements for professional certifications like NISM.
Student Success Practices
Foundation Stage
Build Strong Accounting and Business Fundamentals- (Semester 1-2)
Focus intensely on core subjects like Financial Accounting and Business Law in the initial semesters. Master the basics of debit/credit, financial statement preparation, and legal frameworks governing business. This forms the bedrock for advanced finance concepts.
Tools & Resources
NCERT Accountancy textbooks (Class 11 & 12), Taxmann''''s Accounting books, Online accounting tutorials on YouTube
Career Connection
A strong foundation is crucial for roles in financial reporting, auditing, and corporate compliance, providing the analytical skills needed in any finance career.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Pay close attention to Business Mathematics and Statistics. Practice problem-solving regularly to enhance numerical aptitude and data interpretation skills, which are vital for financial analysis. Form study groups to tackle complex problems together.
Tools & Resources
Khan Academy (Mathematics, Statistics), RS Aggarwal Business Mathematics, MS Excel for basic data analysis
Career Connection
These skills are directly transferable to financial modeling, risk assessment, and investment analysis roles, improving employability in analytical positions.
Engage with General Economic and Business News- (Semester 1-2)
Cultivate a habit of reading financial newspapers and business magazines daily. Understand current economic trends, government policies, and major business developments in India. This builds commercial awareness and contextual knowledge.
Tools & Resources
The Economic Times, Business Standard, Mint, Moneycontrol.com (mobile app)
Career Connection
Staying updated helps in interviews and provides a holistic view of the industry, making you a more informed and capable finance professional.
Intermediate Stage
Explore Financial Software and Tools- (Semester 3-4)
Beyond basic computer applications, try to learn advanced functions of MS Excel for financial modeling, data analysis, and charting. Explore introductory aspects of Tally ERP for accounting practices, relevant for Indian businesses.
Tools & Resources
Advanced Excel tutorials (Udemy/Coursera free courses), Tally ERP 9 practice software, YouTube tutorials on financial modeling in Excel
Career Connection
Proficiency in these tools is a highly sought-after skill for finance roles in Indian companies, enhancing efficiency and job readiness.
Undertake Mini-Projects and Case Studies- (Semester 3-4)
Actively participate in group projects involving financial statement analysis of Indian companies, budgeting exercises, or market research. Apply theoretical knowledge from Cost Accounting and Income Tax to real-world scenarios.
Tools & Resources
Annual reports of Indian companies (BSE/NSE websites), Financial magazines for case studies, Class project guidelines
Career Connection
Practical application of knowledge builds problem-solving abilities and creates a portfolio of work for demonstrating skills to potential employers.
Network and Seek Mentorship- (Semester 3-5)
Attend any college-organized seminars, workshops, or guest lectures by finance professionals. Connect with alumni working in the finance sector. Seek guidance on career paths and industry expectations in India.
Tools & Resources
LinkedIn (for professional networking), College alumni network, Industry specific webinars
Career Connection
Networking opens doors to internship opportunities, industry insights, and mentorship, which are invaluable for career progression in a competitive market.
Advanced Stage
Target Relevant Internships and Practical Training- (Semester 5-6)
Seek internships in banks, brokerage firms, financial advisory companies, or the finance department of any organization, even if unpaid initially. Practical exposure to Financial Management, Investment Analysis, and the Indian Financial System is critical.
Tools & Resources
Internshala, Naukri.com, College placement cell, Direct applications to local firms
Career Connection
Internships provide hands-on experience, enhance resume value, and often lead to pre-placement offers, accelerating career entry.
Intensify Placement Preparation and Skill Refinement- (Semester 5-6)
Focus on developing strong communication, presentation, and interview skills. Practice aptitude tests and group discussions. Review core finance concepts and frequently asked interview questions specific to finance roles in India.
Tools & Resources
Online aptitude test platforms, Mock interview sessions, Interview preparation guides for finance roles, Public speaking clubs
Career Connection
Thorough preparation significantly increases chances of securing desired placements in reputed financial institutions and companies.
Explore NISM Certifications- (Semester 5-6 (concurrent with studies))
Consider pursuing National Institute of Securities Markets (NISM) certifications, especially in areas like Equity Derivatives, Mutual Funds, or Investment Advisory. These certifications are highly recognized in the Indian financial market.
Tools & Resources
NISM official website for study material and exam registration, Online coaching for NISM exams
Career Connection
NISM certifications demonstrate specialized knowledge and commitment to the finance industry, making candidates more attractive to employers, especially in capital markets and wealth management.
Program Structure and Curriculum
Eligibility:
- 10+2 examination or equivalent from a recognized board/council
Duration: 6 semesters / 3 years
Credits: Credits not specified
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C1 | Financial Accounting I | Core | 6 | Accounting Principles and Standards, Recording Business Transactions, Trial Balance and Error Rectification, Final Accounts of Sole Proprietorship, Consignment and Joint Venture Accounts |
| C2 | Business Organization and Management | Core | 6 | Concept and Nature of Business, Forms of Business Organization, Management Process, Functions of Management, Leadership and Motivation |
| AECC1 | Environmental Studies | Ability Enhancement Compulsory Course | 4 | Multidisciplinary Nature of Environmental Studies, Natural Resources, Ecosystems, Environmental Pollution, Social Issues and the Environment |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C3 | Financial Accounting II | Core | 6 | Departmental Accounts, Branch Accounts, Hire Purchase and Installment Systems, Insolvency Accounts, Royalty Accounts |
| C4 | Business Law | Core | 6 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Consumer Protection Act, 2019, Limited Liability Partnership Act, 2008 |
| AECC2 | English/Hindi Communication | Ability Enhancement Compulsory Course | 4 | Theory of Communication, Reading Skills, Writing Skills, Listening and Speaking Skills, Soft Skills |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C5 | Corporate Accounting | Core | 6 | Issue and Forfeiture of Shares and Debentures, Redemption of Preference Shares and Debentures, Accounting for Amalgamation, Liquidation of Companies, Valuation of Goodwill and Shares |
| C6 | Income Tax Law and Practice | Core | 6 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Heads of Income (Salary, House Property), Profits and Gains of Business or Profession, Capital Gains and Other Sources |
| C7 | Business Statistics | Core | 6 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Index Numbers, Time Series Analysis |
| SEC1 | Computer Applications in Business | Skill Enhancement Course | 4 | Introduction to Computers, Operating System (Windows), Word Processing (MS Word), Spreadsheet Applications (MS Excel), Presentation Tools (MS PowerPoint) |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C8 | Cost Accounting | Core | 6 | Introduction to Cost Accounting, Cost Concepts and Classification, Material Costing, Labour Costing, Overhead Costing |
| C9 | Business Mathematics | Core | 6 | Matrices and Determinants, Set Theory, Calculus (Differentiation and Integration), Financial Mathematics (Simple and Compound Interest), Linear Programming |
| C10 | Principles of Marketing | Core | 6 | Nature and Scope of Marketing, Marketing Environment, Market Segmentation, Product and Pricing Decisions, Promotion and Distribution Decisions |
| SEC2 | E-Commerce | Skill Enhancement Course | 4 | Introduction to E-Commerce, Business Models in E-Commerce, E-Payment Systems, Online Marketing and Advertising, Security and Legal Issues in E-Commerce |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C11 | Auditing and Corporate Governance | Core | 6 | Fundamentals of Auditing, Audit Planning and Procedures, Internal Control System, Audit of Limited Companies, Concept and Importance of Corporate Governance |
| C12 | Goods and Services Tax (GST) and Customs Law | Core | 6 | Introduction to GST, Levy and Collection of GST, Input Tax Credit, Registration and Returns under GST, Basic Concepts of Customs Law |
| DSE1 | Financial Management | Discipline Specific Elective (Finance) | 6 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital, Working Capital Management, Dividend Decisions |
| DSE2 | Indian Financial System | Discipline Specific Elective (Finance) | 6 | Structure of Indian Financial System, Financial Markets (Money Market, Capital Market), Financial Institutions (Banks, NBFCs), Regulatory Bodies (RBI, SEBI), Financial Instruments |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C13 | Management Accounting | Core | 6 | Nature and Scope of Management Accounting, Ratio Analysis, Funds Flow Statement, Cash Flow Statement, Budgetary Control |
| C14 | Principles of Micro Economics | Core | 6 | Demand and Supply Analysis, Consumer Behaviour, Theory of Production and Cost, Market Structures (Perfect Competition, Monopoly), Pricing Under Different Market Conditions |
| DSE3 | Investment Analysis and Portfolio Management | Discipline Specific Elective (Finance) | 6 | Introduction to Investment, Security Analysis (Fundamental, Technical), Portfolio Theory (Markowitz Model), Capital Asset Pricing Model (CAPM), Portfolio Performance Evaluation |
| DSE4 | International Finance | Discipline Specific Elective (Finance) | 6 | Balance of Payments, Foreign Exchange Market, Exchange Rate Theories, International Parity Relationships, International Capital Markets |
