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B-COM-HONS in Accounting at Shoolini University of Biotechnology and Management Sciences
Solan, Himachal Pradesh
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About the Specialization
What is Accounting at Shoolini University of Biotechnology and Management Sciences Solan?
This Accounting specialization program at Shoolini University focuses on developing expertise in financial reporting, taxation, auditing, and corporate finance. It provides a robust foundation aligned with the evolving Indian financial landscape, preparing students for critical roles in businesses across various sectors, given the continuous demand for skilled accounting professionals.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in numbers and financial analysis, aspiring to build a career in accounting, finance, or taxation. it also caters to individuals seeking a strong academic base for pursuing professional qualifications like CA, CS, or CMA in India, and those aiming for entry-level finance roles.
Why Choose This Course?
Graduates of this program can expect promising career paths in auditing firms, corporate finance departments, and taxation consultancies in India. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. Roles include Auditor, Tax Consultant, Financial Analyst, and Accountant, with opportunities to advance into senior management positions.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals- (Semester 1-2)
Thoroughly understand core accounting principles, journal entries, ledger posting, and preparation of basic financial statements. Utilize textbooks, online tutorials, and practice problems regularly to build a strong base.
Tools & Resources
ICAI study material (for conceptual clarity), Tally Education online courses (basic), Financial Accounting textbooks
Career Connection
A strong foundation is crucial for excelling in advanced accounting subjects and securing entry-level roles in auditing or bookkeeping.
Develop Business Communication Skills- (Semester 1-2)
Engage in public speaking, group discussions, and formal presentations. Focus on improving written communication through assignments and project reports, as clear communication is vital in the business world.
Tools & Resources
Toastmasters International (local clubs), Grammarly, Business English courses
Career Connection
Effective communication enhances interview performance, client interaction, and overall professional growth, setting you apart in the job market.
Explore Basic Software Applications- (Semester 1-2)
Gain proficiency in essential business software like MS Excel for data analysis, Tally for accounting, and basic data entry tools. Practice creating spreadsheets for financial data and generating simple reports.
Tools & Resources
Microsoft Office Suite (Excel tutorials), Tally ERP 9/Prime demonstrations, YouTube tutorials for business software
Career Connection
Software proficiency is a basic expectation in finance and accounting roles, making you job-ready for administrative and analytical tasks.
Intermediate Stage
Undertake Practical Internships- (Semester 3-5 (during summer breaks))
Seek out short-term internships in local accounting firms, small businesses, or NGOs to gain hands-on experience in taxation, bookkeeping, and basic auditing. Document your learning and build a professional network.
Tools & Resources
LinkedIn for internship searches, Local C.A. firms, University placement cell
Career Connection
Practical experience is highly valued by employers in India, providing a competitive edge and often leading to pre-placement offers.
Engage in Taxation and Corporate Law Workshops- (Semester 3-5)
Participate in workshops or certification courses on GST, Income Tax, and Companies Act. Stay updated with recent amendments and their practical implications, as these are dynamic areas.
Tools & Resources
Online courses on Taxmann, ICAI workshops, Local commerce associations
Career Connection
Specialized knowledge in Indian taxation and corporate law is highly sought after, opening doors to careers as tax consultants or compliance officers.
Develop Analytical and Problem-Solving Skills- (Semester 3-5)
Actively participate in case studies, financial modeling competitions, and business quizzes. Focus on critical thinking to analyze financial scenarios and propose solutions, essential for management roles.
Tools & Resources
Financial Times (for business cases), CFA Institute resources (basic levels), University commerce clubs
Career Connection
Strong analytical skills are vital for roles in financial analysis, investment banking, and strategic management, offering upward mobility.
Advanced Stage
Prepare for Professional Certifications- (Semester 6 onwards (post-graduation planning))
Begin preparing for Indian professional qualifications like CA Foundation/Intermediate, CMA, or CS Executive alongside your degree. These certifications significantly boost employability and career progression.
Tools & Resources
ICAI, ICMAI, ICSI study materials, Coaching institutes, Online mock tests
Career Connection
Professional certifications are highly esteemed in the Indian finance sector, leading to lucrative careers and specialized expertise.
Undertake a Comprehensive Research Project- (Semester 6)
Choose an accounting or finance-related topic for your final year project. Conduct thorough research, data analysis, and present your findings professionally. This demonstrates advanced analytical and research capabilities.
Tools & Resources
JSTOR, Google Scholar for research, SPSS/R for data analysis (basic), University library resources
Career Connection
A well-executed project showcases initiative and deep subject understanding, which is crucial for higher studies or specialized job roles.
Network and Attend Industry Events- (Throughout the program, intensifying in Semesters 5-6)
Actively network with alumni, faculty, and industry professionals. Attend seminars, webinars, and industry conferences to stay updated on market trends and identify career opportunities. Build a strong online professional presence.
Tools & Resources
LinkedIn, Industry associations (e.g., FICCI, CII events), Alumni mentorship programs
Career Connection
Networking opens doors to job opportunities, mentorship, and insights into career pathways, facilitating smoother entry into the professional world.
Program Structure and Curriculum
Eligibility:
- 10+2 with minimum 50% marks from a recognized board (for B.Com (Hons.))
Duration: 3 Years (6 Semesters)
Credits: Credits not specified
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH101 | Financial Accounting I | Core | 4 | Introduction to Accounting, Accounting Principles, Journal and Ledger, Trial Balance, Financial Statements (Profit & Loss Account, Balance Sheet) |
| BCH102 | Business Organization and Management | Core | 4 | Nature and Scope of Business, Forms of Business Organization, Principles of Management, Functions of Management (Planning, Organizing, Staffing, Directing, Controlling), Social Responsibility of Business |
| BCH103 | Business Economics | Core | 4 | Introduction to Business Economics, Demand and Supply Analysis, Production and Cost Analysis, Market Structures (Perfect Competition, Monopoly, Oligopoly), Pricing Strategies |
| BCH104 | Business Communication | Skill Enhancement | 3 | Fundamentals of Communication, Types of Communication, Written Communication (Reports, Memos), Oral Communication (Presentations, Interviews), Non-Verbal Communication |
| BCH105 | Environmental Studies | Ability Enhancement | 2 | Ecosystems and Biodiversity, Environmental Pollution, Natural Resources, Global Environmental Issues, Sustainable Development |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH201 | Financial Accounting II | Core | 4 | Consignment Accounts, Joint Venture Accounts, Hire Purchase and Installment Systems, Departmental Accounts, Branch Accounts |
| BCH202 | Business Law | Core | 4 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Indian Partnership Act, 1932, Limited Liability Partnership Act, 2008, Negotiable Instruments Act, 1881 |
| BCH203 | Corporate Laws | Core | 4 | Companies Act, 2013: Incorporation and Types of Companies, Memorandum and Articles of Association, Share Capital and Debentures, Management and Administration (Directors, Meetings), Corporate Social Responsibility |
| BCH204 | Computer Applications in Business | Skill Enhancement | 3 | Introduction to Computers and Operating Systems, MS Office (Word, Excel, PowerPoint) for Business, Database Management Systems (Basic Concepts), Internet and E-commerce Fundamentals, Cyber Security Basics |
| BCH205 | Indian Heritage & Culture | Ability Enhancement | 2 | Ancient Indian Civilizations, Art, Architecture, and Literature of India, Philosophies and Religions of India, Cultural Diversity and Traditions, Contribution of India to the World |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH301 | Corporate Accounting | Core (Specialization) | 4 | Accounting for Share Capital and Debentures, Final Accounts of Companies, Valuation of Goodwill and Shares, Amalgamation and Reconstruction of Companies, Holding Company Accounts (Introduction) |
| BCH302 | Human Resource Management | Core | 4 | Introduction to HRM, HR Planning, Recruitment, and Selection, Training and Development, Performance Appraisal and Management, Compensation and Employee Welfare |
| BCH303 | Income Tax Law & Practice | Core (Specialization) | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Heads of Income (Salaries, House Property, Business/Profession), Capital Gains and Other Sources, Deductions from Gross Total Income and Tax Computation |
| BCH304 | E-Commerce | Skill Enhancement | 3 | Introduction to E-commerce and Business Models, E-Marketing and Advertising, E-Payment Systems and Security, E-Supply Chain Management, Legal and Ethical Issues in E-commerce |
| BCH305 | Summer Internship / Industrial Training | Project | 2 | Industry Exposure, Practical Application of Business Concepts, Report Writing, Problem Identification and Solution, Professional Etiquette and Networking |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH401 | Cost Accounting | Core (Specialization) | 4 | Introduction to Cost Accounting (Concepts, Objectives), Elements of Cost (Material, Labour, Overheads), Cost Sheet and Cost Control, Methods of Costing (Job, Batch, Process Costing), Marginal Costing and Break-Even Analysis |
| BCH402 | Marketing Management | Core | 4 | Fundamentals of Marketing, Market Segmentation, Targeting, and Positioning, Product Decisions and Product Life Cycle, Pricing Strategies and Practices, Promotion and Distribution Channels |
| BCH403 | GST and Customs Law | Core (Specialization) | 4 | Introduction to Goods and Services Tax (GST), Levy and Collection of GST, Input Tax Credit Mechanism, Registration and Returns under GST, Overview of Customs Act |
| BCH404 | Digital Marketing | Skill Enhancement | 3 | Introduction to Digital Marketing, Search Engine Optimization (SEO), Search Engine Marketing (SEM) / PPC, Social Media Marketing, Email Marketing and Content Marketing |
| BCH405 | Indian Financial System | Elective | 2 | Structure of Indian Financial System, Financial Markets (Money Market, Capital Market), Financial Institutions (Banks, NBFCs), SEBI and other Regulatory Bodies, Financial Instruments |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH501 | Auditing and Corporate Governance | Core (Specialization) | 4 | Introduction to Auditing (Concepts, Objectives), Types of Audit and Audit Process, Internal Control System, Audit Report and Professional Ethics, Principles of Corporate Governance |
| BCH502 | Financial Management | Core | 4 | Financial Planning and Forecasting, Capital Budgeting Decisions, Working Capital Management, Cost of Capital and Capital Structure, Dividend Policy Decisions |
| BCH503 | Management Accounting | Core (Specialization) | 4 | Introduction to Management Accounting, Financial Statement Analysis (Ratio Analysis, Common Size), Fund Flow and Cash Flow Statements, Budgetary Control, Standard Costing and Variance Analysis |
| BCH504 | Entrepreneurship Development | Skill Enhancement | 3 | Concept and Role of Entrepreneurship, The Business Plan (Components and Process), Sources of Finance for Entrepreneurs, Government Policies and Schemes for Startups, Challenges and Success Factors for Entrepreneurs |
| BCH505 | Investment Analysis and Portfolio Management | Elective | 2 | Investment Environment and Process, Security Analysis (Fundamental and Technical), Portfolio Theory and Diversification, Equity and Bond Valuation, Performance Evaluation of Portfolio |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCH601 | Advanced Accounting | Core (Specialization) | 4 | Accounting for Amalgamation, Absorption and Reconstruction, Consolidated Financial Statements of Group Companies, Valuation of Shares and Goodwill (Advanced), Accounting for Foreign Currency Transactions, Introduction to Indian Accounting Standards (Ind AS) |
| BCH602 | Project Work / Dissertation | Project | 6 | Research Methodology, Literature Review and Problem Formulation, Data Collection and Analysis Techniques, Report Writing and Presentation Skills, Ethical Considerations in Research |
| BCH603 | International Business | Core | 4 | Globalization and its Impact on Business, Theories of International Trade, Foreign Exchange Market and Exchange Rate Mechanisms, Multinational Corporations (MNCs), International Financial Management |
| BCH604 | Banking and Insurance | Elective | 3 | Structure of Indian Banking System, Role of RBI and Monetary Policy, Types of Banks and Banking Services, Principles of Insurance and Types of Policies, Insurance Sector in India (IRDAI) |
