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B-COM in Accounts And Finance at S.J.M.V. Mahant First Grade Arts & Commerce College
Dharwad, Karnataka
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About the Specialization
What is Accounts and Finance at S.J.M.V. Mahant First Grade Arts & Commerce College Dharwad?
This Accounts and Finance program at SJMV Mahantha First Grade Arts and Commerce College focuses on equipping students with a robust understanding of financial principles, accounting standards, and their application in the Indian business landscape. It prepares graduates for dynamic roles in finance, auditing, and taxation, addressing the constant demand for skilled professionals in India''''s growing economy. The curriculum emphasizes both theoretical knowledge and practical skills crucial for the sector.
Who Should Apply?
This program is ideal for 10+2 graduates with a keen interest in numbers, financial analysis, and a career in the accounting or finance domains. It suits individuals aspiring to become chartered accountants, financial analysts, tax consultants, or auditors. Working professionals seeking to formalize their accounting knowledge or transition into finance roles can also benefit from its comprehensive structure. A basic understanding of mathematics and economics is beneficial.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as Junior Accountants, Financial Assistants, Tax Preparers, or Audit Assistants. Entry-level salaries typically range from INR 2.5 to 4 lakhs per annum, with experienced professionals earning significantly more. The program aligns well with professional certifications like CA, CMA, and CS, providing a strong foundation for advanced studies and contributing to rapid career growth in Indian companies.
Student Success Practices
Foundation Stage
Build Strong Accounting Fundamentals- (Semester 1-2)
Focus diligently on Financial Accounting I and II. Understand the basic principles, journal entries, ledger postings, and preparation of final accounts. This forms the bedrock for all advanced accounting subjects. Practice regularly using textbook exercises and example problems.
Tools & Resources
Tally Education resources, ICAI study material (for foundational concepts), Standard accounting textbooks, Online accounting tutorials
Career Connection
A strong foundation ensures accuracy in financial record-keeping and reporting, essential for any accounting or auditing role, making you a reliable entry-level professional.
Develop Analytical Skills with Business Statistics- (Semester 1-2)
Pay close attention to Business Statistics and Managerial Economics. These subjects enhance your analytical and decision-making capabilities. Practice problem-solving and learn to interpret data effectively for business contexts.
Tools & Resources
Microsoft Excel, R (for basic statistical analysis), Statistical software tutorials, Business case studies on economic analysis
Career Connection
Crucial for roles in financial analysis, market research, and management consulting, where data interpretation and economic understanding drive strategic business decisions.
Cultivate Effective Study Habits and Peer Learning- (Semester 1-2)
Form study groups to discuss complex topics and share insights. Actively participate in classroom discussions and seek clarification from faculty. Effective time management and consistent revision are key to academic excellence and understanding diverse perspectives.
Tools & Resources
College library resources, Online academic forums, Collaborative study platforms, Study schedule planners
Career Connection
Fosters teamwork, communication skills, and critical thinking, vital for corporate environments, and helps in understanding diverse perspectives in professional problem-solving.
Intermediate Stage
Master Computerized Accounting and Taxation- (Semester 3-5)
Gain hands-on expertise in Computerized Accounting with Tally, Income Tax Law, and Goods and Services Tax (GST). Seek opportunities to apply this knowledge through practical assignments, college projects, or local internships with tax consultants or accounting firms.
Tools & Resources
Tally ERP 9 software, GST software demonstrations, Income Tax Act publications, Professional webinars on taxation
Career Connection
Directly prepares you for roles as Tally operators, tax preparers, or junior accountants in India, where proficiency in these skills is in high demand across all industries.
Engage in Industry Exposure and Networking- (Semester 3-5)
Attend workshops, seminars, and guest lectures organized by the college or local professional bodies. Network with faculty, alumni, and industry professionals to understand real-world applications and current industry trends, gaining insights into career opportunities.
Tools & Resources
LinkedIn, Professional networking events (e.g., ICAI Dharwad chapter meetings), College career fairs, Industry news portals
Career Connection
Opens doors to internship opportunities, mentorship, and helps in understanding industry dynamics, significantly enhancing your placement and career prospects.
Participate in Skill Specialization and Competitions- (Semester 3-5)
Identify areas of interest within Accounts and Finance (e.g., auditing, financial analysis, corporate accounting) and dive deeper. Participate in commerce festivals, quizzes, and case study competitions to test and hone your specialized skills and gain recognition.
Tools & Resources
Online certification courses (e.g., NISM, NSE Academy for finance), Mock interviews, Business plan competitions, Inter-college commerce fests
Career Connection
Builds a strong profile showcasing your specialized knowledge and competitive edge, crucial for securing roles in niche finance or accounting sectors and for higher studies.
Advanced Stage
Prepare Rigorously for Placements and Professional Exams- (Semester 6)
Focus on advanced subjects like IFRS, Advanced Corporate Accounting, and Financial Derivatives. Undertake a comprehensive internship or project to gain practical, real-world experience. Begin focused preparation for professional exams (CA, CMA, CS) or entrance tests for higher studies, aligning with your career goals.
Tools & Resources
Previous year''''s question papers for professional exams, Interview preparation guides, Mock interview sessions, Professional exam coaching centers
Career Connection
This direct preparation streamlines your path to securing lucrative job offers or admission to prestigious postgraduate programs, ensuring a smooth and successful transition into your chosen career.
Develop Advanced Financial Acumen- (Semester 6)
Delve into complex financial instruments and reporting standards like IFRS and Financial Derivatives. Understand their practical implications and global relevance in financial markets. Work on a comprehensive project or case study to apply theoretical knowledge to a real-world financial scenario, enhancing analytical skills.
Tools & Resources
Bloomberg Terminal access (if available through college), Financial news portals and journals, Advanced Excel for financial modeling, Simulated trading platforms
Career Connection
Essential for roles in investment banking, risk management, and international finance, allowing you to handle sophisticated financial operations and contribute to strategic financial decision-making.
Cultivate Leadership and Ethical Decision-Making- (Semester 6)
Engage in leadership roles within college clubs, departmental committees, or project teams. Focus on the Business Ethics and Corporate Governance subject, understanding its paramount importance in the corporate world. Develop strong ethical foundations for professional integrity and responsible leadership.
Tools & Resources
Leadership workshops, Case studies on corporate governance failures, Debates on ethical dilemmas in business, Mentorship from faculty or alumni
Career Connection
Prepares you for managerial and leadership roles where ethical decision-making, sound governance, and integrity are critical, fostering trust and long-term career success and reputation.
Program Structure and Curriculum
Eligibility:
- No eligibility criteria specified
Duration: 6 semesters / 3 years
Credits: 136 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCKAN1.1 / BCHIN1.1 / BCURD1.1 / BCSAN1.1 / BCTAM1.1 / BCTEL1.1 / BCMAL1.1 | Indian Language (Kannada / Hindi / Urdu / Sanskrit / Tamil / Telugu / Malayalam) | Language | 2 | Language Comprehension, Grammar, Literature, Communication Skills, Cultural Aspects |
| BCENG1.2 | English | Language | 2 | Grammar and Composition, Reading Comprehension, Business Communication, Report Writing, Soft Skills |
| BC1.3 | Financial Accounting I | Core | 4 | Introduction to Accounting, Accounting Principles, Accounting Cycle, Final Accounts of Sole Proprietorship, Depreciation Accounting |
| BC1.4 | Principles of Marketing | Core | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Marketing Mix, Product Life Cycle |
| BC1.5 | Fundamentals of Business Organization | Core | 4 | Nature of Business, Forms of Business Organization, E-Business, Business Ethics, Social Responsibility of Business |
| BC1.6 | Managerial Economics | Core | 4 | Introduction to Managerial Economics, Demand Analysis, Production Analysis, Cost Analysis, Market Structures |
| BCS1.1 | Basic Computer Skills | Skill Enhancement Course (SEC) | 2 | Fundamentals of Computers, Operating Systems, MS Office Suite, Internet and Email, Cyber Security Basics |
| BCA1.1 | Environmental Studies | Ability Enhancement Compulsory Course (AECC) | 2 | Ecosystems, Natural Resources, Environmental Pollution, Social Issues and Environment, Environmental Protection |
| BCA1.2 | Indian Constitution | Ability Enhancement Compulsory Course (AECC) | 2 | Constitutional Framework, Fundamental Rights and Duties, Directive Principles, Parliamentary System, Judiciary |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCKAN2.1 / BCHIN2.1 / BCURD2.1 / BCSAN2.1 / BCTAM2.1 / BCTEL2.1 / BCMAL2.1 | Indian Language (Kannada / Hindi / Urdu / Sanskrit / Tamil / Telugu / Malayalam) | Language | 2 | Language Comprehension, Grammar, Literature, Communication Skills, Cultural Aspects |
| BCENG2.2 | English | Language | 2 | Grammar and Composition, Reading Comprehension, Business Communication, Report Writing, Soft Skills |
| BC2.3 | Financial Accounting II | Core | 4 | Consignment Accounts, Joint Venture Accounts, Branch Accounts, Departmental Accounts, Royalty Accounts |
| BC2.4 | Business Statistics | Core | 4 | Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis |
| BC2.5 | Corporate Administration | Core | 4 | Introduction to Company Law, Formation of a Company, Share Capital and Debentures, Company Meetings, Winding Up of Companies |
| BC2.6 | Financial Management | Core | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting, Cost of Capital, Working Capital Management |
| BCS2.1 | Indian Financial System | Skill Enhancement Course (SEC) | 2 | Structure of Indian Financial System, Financial Markets, Financial Institutions, Financial Instruments, Regulatory Bodies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCKAN3.1 / BCHIN3.1 / BCURD3.1 / BCSAN3.1 / BCTAM3.1 / BCTEL3.1 / BCMAL3.1 | Indian Language (Kannada / Hindi / Urdu / Sanskrit / Tamil / Telugu / Malayalam) | Language | 2 | Language Comprehension, Grammar, Literature, Communication Skills, Cultural Aspects |
| BCENG3.2 | English | Language | 2 | Grammar and Composition, Reading Comprehension, Business Communication, Report Writing, Soft Skills |
| BC3.3 | Corporate Accounting I | Core | 4 | Accounting for Shares, Accounting for Debentures, Underwriting of Shares, Valuation of Goodwill, Valuation of Shares |
| BC3.4 | Income Tax Law I | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Deductions from Gross Total Income |
| BC3.5 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Cost Concepts and Classification, Material Costing, Labour Costing, Overhead Costing |
| BC3.6 | Banking Law and Operations | Core | 4 | Introduction to Banking, Banker Customer Relationship, Negotiable Instruments Act, Loans and Advances, Technology in Banking |
| BCS3.1 | Computerised Accounting with Tally | Skill Enhancement Course (SEC) | 2 | Introduction to Tally, Company Creation and Management, Accounting Vouchers, Inventory Management, Report Generation in Tally |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCKAN4.1 / BCHIN4.1 / BCURD4.1 / BCSAN4.1 / BCTAM4.1 / BCTEL4.1 / BCMAL4.1 | Indian Language (Kannada / Hindi / Urdu / Sanskrit / Tamil / Telugu / Malayalam) | Language | 2 | Language Comprehension, Grammar, Literature, Communication Skills, Cultural Aspects |
| BCENG4.2 | English | Language | 2 | Grammar and Composition, Reading Comprehension, Business Communication, Report Writing, Soft Skills |
| BC4.3 | Corporate Accounting II | Core | 4 | Accounting for Amalgamation, Absorption and External Reconstruction, Liquidation of Companies, Accounting for Holding Companies, Final Accounts of Companies |
| BC4.4 | Income Tax Law II | Core | 4 | Profits and Gains of Business/Profession, Capital Gains, Income from Other Sources, Aggregation of Income, Assessment of Individuals |
| BC4.5 | Advanced Cost Accounting | Core | 4 | Process Costing, Service Costing, Reconciliation of Cost and Financial Accounts, Marginal Costing, Budgetary Control |
| BC4.6 | Business Law | Core | 4 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Indian Partnership Act, Limited Liability Partnership Act |
| BCS4.1 | E-Commerce | Skill Enhancement Course (SEC) | 2 | Introduction to E-Commerce, E-Business Models, E-Payment Systems, Online Marketing, Legal and Security Issues in E-Commerce |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCKAN5.1 / BCHIN5.1 / BCURD5.1 / BCSAN5.1 / BCTAM5.1 / BCTEL5.1 / BCMAL5.1 | Indian Language (Kannada / Hindi / Urdu / Sanskrit / Tamil / Telugu / Malayalam) | Language | 2 | Language Comprehension, Grammar, Literature, Communication Skills, Cultural Aspects |
| BCENG5.2 | English | Language | 2 | Grammar and Composition, Reading Comprehension, Business Communication, Report Writing, Soft Skills |
| BCDSE5.3A | Advanced Financial Accounting | Discipline Specific Elective (DSE) - Accounts and Finance | 4 | Indian Accounting Standards (Ind AS), International Financial Reporting Standards (IFRS), Revenue Recognition, Lease Accounting, Financial Instruments |
| BCDSE5.4A | International Financial Reporting Standards (IFRS) | Discipline Specific Elective (DSE) - Accounts and Finance | 4 | Overview of IFRS Framework, Presentation of Financial Statements (IAS 1), Inventories (IAS 2), Property, Plant and Equipment (IAS 16), Revenue from Contracts with Customers (IFRS 15) |
| BC5.5 | Principles of Auditing | Core | 4 | Introduction to Auditing, Types of Audit, Audit Planning and Documentation, Internal Control System, Audit Report |
| BC5.6 | Goods and Services Tax (GST) | Core | 4 | Introduction to GST, Levy and Collection of GST, Time and Value of Supply, Input Tax Credit, GST Returns and Procedures |
| BCS5.1 | Internship/Project Work | Skill Enhancement Course (SEC) | 2 | Practical Application of Knowledge, Industry Exposure, Report Writing, Presentation Skills, Research Methodology |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCKAN6.1 / BCHIN6.1 / BCURD6.1 / BCSAN6.1 / BCTAM6.1 / BCTEL6.1 / BCMAL6.1 | Indian Language (Kannada / Hindi / Urdu / Sanskrit / Tamil / Telugu / Malayalam) | Language | 2 | Language Comprehension, Grammar, Literature, Communication Skills, Cultural Aspects |
| BCENG6.2 | English | Language | 2 | Grammar and Composition, Reading Comprehension, Business Communication, Report Writing, Soft Skills |
| BCDSE6.3A | Advanced Corporate Accounting | Discipline Specific Elective (DSE) - Accounts and Finance | 4 | Valuation of Business, Forensic Accounting, Human Resource Accounting, Environmental Accounting, Corporate Governance Reporting |
| BCDSE6.4A | Financial Derivatives | Discipline Specific Elective (DSE) - Accounts and Finance | 4 | Introduction to Derivatives, Forwards Contracts, Futures Contracts, Options Contracts, Swaps and Hedging Strategies |
| BC6.5 | Management Accounting | Core | 4 | Nature of Management Accounting, Fund Flow Statement, Cash Flow Statement, Ratio Analysis, Budgeting and Budgetary Control |
| BC6.6 | Business Ethics and Corporate Governance | Core | 4 | Introduction to Business Ethics, Ethical Theories, Corporate Governance Principles, Role of Board of Directors, Whistleblowing Mechanisms |
| BCS6.1 | Entrepreneurship Development | Skill Enhancement Course (SEC) | 2 | Concept of Entrepreneurship, Idea Generation and Business Plan, Sources of Finance, Government Support for SMEs, Challenges and Opportunities for Entrepreneurs |
