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M-COM in Accountancy at Shree J. M. Patel Institute of Studies and Research in Humanities, Arts and Commerce
Anand, Gujarat
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About the Specialization
What is Accountancy at Shree J. M. Patel Institute of Studies and Research in Humanities, Arts and Commerce Anand?
This Accountancy program at Shree J. M. Patel Institute focuses on advanced accounting principles, financial management, and taxation crucial for the evolving Indian economic landscape. It delves into both traditional and modern aspects of financial reporting and analysis, preparing students for complex corporate financial challenges. The curriculum is designed to meet the growing demand for skilled finance professionals in India''''s dynamic industrial and service sectors.
Who Should Apply?
This program is ideal for B.Com graduates seeking to deepen their expertise in financial reporting, auditing, and tax laws. It also caters to working professionals aiming to upskill for managerial roles in finance or pursue certifications like CA, CMA, or CS. Aspiring entrepreneurs and financial consultants can also benefit, gaining a comprehensive understanding of financial systems required for business success in India.
Why Choose This Course?
Graduates of this program can expect promising career paths in auditing, financial analysis, tax consultancy, and corporate finance roles within Indian companies and MNCs operating in India. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience to INR 8-15 LPA for experienced professionals. The program aligns with requirements for various professional certifications, enhancing career growth trajectories in the Indian job market.
Student Success Practices
Foundation Stage
Master Core Accounting & Financial Concepts- (Semester 1-2)
Dedicate time to thoroughly understand fundamental concepts in advanced accounting, financial management, and business statistics. Form study groups with peers to discuss complex topics and solve problems collaboratively. Focus on building a strong theoretical base and clarity on concepts from day one.
Tools & Resources
Textbooks, Reference books, Online tutorials (e.g., NPTEL), Peer study groups
Career Connection
A solid foundation is crucial for excelling in higher semesters, cracking competitive exams like CA/CMA, and performing well in entry-level finance roles.
Develop Foundational Research Skills- (Semester 1-2)
Engage actively with the ''''Research Methodology in Commerce'''' subject. Practice data collection, analysis, and report writing. Participate in small research projects or case study analyses to develop analytical and critical thinking skills essential for future project work and professional roles.
Tools & Resources
SPSS/R (basic level), Microsoft Excel, University Library resources, Academic journals
Career Connection
Strong research skills are vital for market analysis, financial modeling, and strategic decision-making roles in corporations and consultancies.
Build Proficiency in Business Software- (Semester 1-2)
Beyond theoretical knowledge, gain hands-on experience with common business software, particularly those covered in ''''Computer Application in Business''''. Focus on advanced Excel functions for financial analysis and familiarize yourself with accounting software like Tally or basic SAP modules.
Tools & Resources
Microsoft Excel, Tally ERP 9/Prime, Online courses for accounting software, Practical labs
Career Connection
Proficiency in these tools is a non-negotiable skill for most accounting and finance jobs in India, enhancing efficiency and employability.
Intermediate Stage
Gain Practical Industry Exposure through Internships- (Semester 3-4)
Actively seek and complete internships during semester breaks at accounting firms, banks, or corporate finance departments. Apply theoretical knowledge to real-world financial scenarios, gaining practical insights into tax planning, investment management, or financial services. This will help clarify career interests.
Tools & Resources
College placement cell, LinkedIn, Internshala, Networking events
Career Connection
Internships provide invaluable experience, build professional networks, and often lead to pre-placement offers, significantly boosting placement prospects.
Specialization in Taxation and Investment Strategies- (Semester 3-4)
Deep dive into ''''Tax Planning and Management'''', ''''Investment Management'''', and ''''Financial Services and Markets''''. Consider pursuing certifications like NISM for investment-related knowledge, or specialized workshops on GST and Income Tax laws to enhance expertise in areas highly demanded in the Indian market.
Tools & Resources
NISM certifications, Online tax courses, Financial newspapers and magazines, SEBI website
Career Connection
Specialized knowledge in these areas makes you highly attractive for roles in wealth management, tax advisory, and portfolio management within the Indian financial sector.
Participate in Financial Quizzes and Competitions- (Semester 3-4)
Actively participate in inter-college or intra-college financial quizzes, case study competitions, and stock market simulation games. This enhances practical application of concepts, sharpens decision-making skills under pressure, and improves analytical abilities, while building confidence.
Tools & Resources
College clubs, Inter-college events, Virtual stock trading platforms
Career Connection
Such participation demonstrates initiative, practical knowledge, and problem-solving skills, which are highly valued by recruiters during placements.
Advanced Stage
Excel in Final Project Work & Presentation- (Semester 4)
Choose a relevant and impactful ''''Project Work'''' topic in Accountancy. Conduct thorough research, data analysis, and present your findings professionally. This project is a major component and a showcase of your specialized knowledge and research capabilities to potential employers.
Tools & Resources
Research guides, Statistical software, Presentation tools (PowerPoint, Canva), Faculty mentors
Career Connection
A well-executed project highlights your problem-solving abilities and specialized expertise, forming a strong talking point during interviews and demonstrating job readiness.
Network and Attend Industry Seminars- (Semester 4)
Actively network with alumni, faculty, and industry professionals. Attend seminars, webinars, and workshops focusing on current trends in accounting, finance, and capital markets in India. This helps in understanding industry expectations, identifying job opportunities, and gaining insights into career progression.
Tools & Resources
LinkedIn, Professional associations (e.g., ICAI events), College alumni network
Career Connection
Networking is crucial for uncovering hidden job opportunities, getting referrals, and staying updated on industry demands, directly impacting placement success.
Prepare for Placements and Professional Exams- (Semester 4)
Begin rigorous preparation for campus placements, focusing on aptitude tests, group discussions, and personal interviews. Simultaneously, if aspiring for professional qualifications like CA, CS, or CMA, start preparing for relevant modules, leveraging your M.Com knowledge. Regularly update your resume and LinkedIn profile.
Tools & Resources
Placement cell guidance, Online aptitude platforms, Interview preparation resources, Mock interviews
Career Connection
Proactive and targeted preparation ensures you are competitive for top finance and accounting roles, accelerating your entry into the professional world.
Program Structure and Curriculum
Eligibility:
- B.Com. Graduate
Duration: 2 years (4 semesters)
Credits: 84 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| M.C. 1.1 | Advance Business Statistics | Core | 4 | Probability Theory and Distributions, Sampling and Sampling Distributions, Hypothesis Testing, Analysis of Variance, Correlation and Regression, Time Series Analysis |
| M.C. 1.2 | Advance Financial Management | Core | 4 | Capital Structure Theories, Leverages, Dividend Policy, Working Capital Management, Capital Budgeting Decisions, Financial Planning and Forecasting |
| M.C. 1.3 | Strategic Management | Core | 4 | Strategic Management Process, Environmental Scanning, Strategy Formulation, Strategy Implementation, Strategic Evaluation and Control, Corporate Governance |
| M.C. 1.4 | Advance Accounting | Specialization Elective (Accountancy) | 4 | Partnership Accounts, Amalgamation and Reconstruction, Valuation of Shares and Goodwill, Inflation Accounting, Accounts of Public Utilities, Farm Accounting |
| M.C. 1.5 | Accounting Standards | Specialization Elective (Accountancy) | 4 | Introduction to Accounting Standards, Indian Accounting Standards (Ind AS), IFRS Convergence, Financial Statement Presentation, Revenue Recognition, Leases and Inventories Standards |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| M.C. 2.1 | Research Methodology in Commerce | Core | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing |
| M.C. 2.2 | Corporate Financial Management | Core | 4 | Sources of Corporate Finance, Cost of Capital, Capital Structure, Mergers and Acquisitions, Derivatives and Risk Management, Working Capital Management |
| M.C. 2.3 | Computer Application in Business | Core | 4 | Introduction to Computers, Operating Systems, MS Office (Word, Excel, PowerPoint), Database Management Systems (DBMS), Internet and E-Commerce, Data Security and Ethics |
| M.C. 2.4 | Human Resource Accounting | Specialization Elective (Accountancy) | 4 | Introduction to HRA, Methods of HRA Valuation, HRA Disclosure, Human Capital Measurement, HRA in Decision Making, Current Trends in HRA |
| M.C. 2.5 | Tax Planning and Management | Specialization Elective (Accountancy) | 4 | Introduction to Tax Planning, Direct Taxes (Income Tax), Indirect Taxes (GST), Tax Planning for Individuals and Corporates, Tax Avoidance vs. Tax Evasion, Tax Management Strategies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| M.C. 3.1 | International Business | Core | 4 | Introduction to International Business, Theories of International Trade, Foreign Direct Investment, International Financial System, Global Business Strategies, Cultural and Ethical Issues in IB |
| M.C. 3.2 | Investment Management | Core | 4 | Investment Process, Risk and Return Analysis, Security Analysis (Fundamental & Technical), Portfolio Theory, Bond Valuation, Mutual Funds |
| M.C. 3.3 | E-Commerce | Core | 4 | Introduction to E-Commerce, E-Commerce Business Models, E-Payment Systems, E-Marketing, Security and Legal Issues in E-Commerce, Mobile Commerce |
| M.C. 3.4 | Financial Services and Markets | Specialization Elective (Accountancy) | 4 | Overview of Financial System, Money Market, Capital Market, Merchant Banking, Leasing and Hire Purchase, Credit Rating |
| M.C. 3.5 | Project Planning and Control | Specialization Elective (Accountancy) | 4 | Project Identification and Selection, Project Feasibility Analysis, Project Appraisal Techniques, Project Scheduling (PERT/CPM), Project Risk Management, Project Monitoring and Control |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| M.C. 4.1 | Business Ethics and Corporate Social Responsibility | Core | 4 | Introduction to Business Ethics, Ethical Theories, Corporate Governance, Concept of CSR, CSR Initiatives and Reporting, Ethical Decision Making |
| M.C. 4.2 | Security Analysis & Portfolio Management | Specialization Elective (Accountancy) | 4 | Security Markets and Indices, Fundamental Analysis, Technical Analysis, Modern Portfolio Theory, Portfolio Performance Evaluation, Derivatives and Risk Management |
| M.C. 4.3 | Capital Market Operations | Specialization Elective (Accountancy) | 4 | Primary and Secondary Markets, Stock Exchanges, SEBI Regulations, Issuing Securities, Depository System, Market Intermediaries |
| M.C. 4.4 | Project Work (Accountancy Specialization) | Project | 8 | Research Problem Identification, Literature Review, Methodology Design, Data Collection and Analysis, Report Writing and Presentation, Viva Voce Preparation |
| M.C. 4.5 | E-Accounting | Optional Elective (Any One) | 4 | Introduction to E-Accounting, Accounting Software (Tally, SAP), Cloud Accounting, Data Analytics in Accounting, Cybersecurity in E-Accounting, XBRL Reporting |
| M.C. 4.6 | International Accounting | Optional Elective (Any One) | 4 | Introduction to International Accounting, International Harmonization of Accounting Standards, IFRS Adoption and Implementation, Consolidation of Foreign Subsidiaries, Foreign Currency Translation, Global Financial Reporting |
