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B-COM in Finance Taxation at S.N.M. College, Maliankara, Moothakunnam
Ernakulam, Kerala
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About the Specialization
What is Finance & Taxation at S.N.M. College, Maliankara, Moothakunnam Ernakulam?
This B.Com Finance & Taxation program at Sree Narayana Mangalam College focuses on providing a comprehensive understanding of financial principles, accounting practices, and the intricate Indian taxation system. It prepares students for diverse roles in the rapidly evolving financial services sector, equipping them with both theoretical knowledge and practical skills crucial for success in the dynamic Indian economy.
Who Should Apply?
This program is ideal for aspiring finance professionals, accountants, and tax consultants. It attracts fresh higher secondary graduates seeking entry into financial analytics, investment banking, or corporate finance roles. It is also suitable for individuals keen on understanding the complex Indian tax landscape, pursuing careers in auditing, or preparing for advanced professional certifications like CA, CMA, or CS.
Why Choose This Course?
Graduates of this program can expect to secure roles in financial analysis, taxation advisory, audit, wealth management, or corporate accounting within India. Entry-level salaries typically range from INR 2.5 Lakhs to 4.5 Lakhs per annum, with significant growth potential up to INR 8-15 Lakhs for experienced professionals. The curriculum aligns with requirements for certifications like NISM and facilitates career progression in leading Indian financial institutions.
Student Success Practices
Foundation Stage
Master Business and Accounting Fundamentals- (Semester 1-2)
Focus deeply on understanding core concepts in Business Organization, Management, and Financial Accounting I. Attend all lectures, actively participate in discussions, and solve all textbook problems thoroughly. Form study groups to clarify doubts and reinforce learning.
Tools & Resources
Textbooks, MGU previous year question papers, Online tutorials for basic accounting (e.g., Coursera, YouTube channels), Tally basics
Career Connection
A strong foundation in these subjects is critical for all future finance and taxation courses and forms the bedrock for entry-level accounting and administrative roles.
Develop Quantitative and Communication Skills- (Semester 1-2)
Pay extra attention to Business Statistics and English Common Courses. Practice data interpretation, statistical problem-solving, and enhance written and oral communication. Utilize university-provided language labs and participate in public speaking events.
Tools & Resources
Statistical software (Excel basics), English grammar and vocabulary apps (e.g., Grammarly, Duolingo), News analysis (The Economic Times, Livemint)
Career Connection
Strong analytical and communication skills are highly valued in any finance role, especially for reporting, presentations, and client interactions.
Engage with Current Business Affairs- (Semester 1-2)
Regularly read financial newspapers and business magazines to understand current economic trends, business news, and policy changes relevant to India. This builds contextual knowledge beyond textbooks and prepares for case studies and general awareness sections in competitive exams.
Tools & Resources
The Hindu Business Line, Economic Times, Business Standard, Moneycontrol.com
Career Connection
Developing business acumen early helps in understanding industry dynamics and making informed career choices in the Indian market.
Intermediate Stage
Excel in Core Accounting and Regulatory Frameworks- (Semester 3-4)
Concentrate on mastering Financial Accounting II, Corporate Accounting, and Business Regulatory Framework. Solve advanced problems, understand the nuances of Indian company law and contract act. Seek practical examples from industry.
Tools & Resources
ICAI study material (for conceptual clarity), Case studies of Indian companies, Bare acts for legal studies, Tally for practical accounting
Career Connection
These subjects are foundational for roles in corporate accounting, auditing, and legal compliance, essential for navigating the Indian business environment.
Build Competence in Cost Accounting and Quantitative Methods- (Semester 3-4)
Focus on Cost Accounting and Quantitative Techniques. Practice problem-solving rigorously for cost control and management decisions. Learn to apply quantitative models to business scenarios.
Tools & Resources
Excel for quantitative modeling, Practice problems from CMA/ICWA study materials, Online tutorials for specific quantitative techniques
Career Connection
These skills are vital for cost management, budgeting, and operational efficiency roles in manufacturing and service industries in India.
Explore Computerized Accounting and Entrepreneurship- (Semester 3-4)
Gain hands-on experience with Computerized Accounting software like Tally ERP. Understand the basics of entrepreneurship and ethics, and try to identify local business problems and potential solutions.
Tools & Resources
Tally ERP software, Local entrepreneurship workshops, Startup incubators (if available), Case studies of Indian startups
Career Connection
Proficiency in accounting software is a fundamental requirement for most accounting jobs. Entrepreneurial thinking fosters innovation and problem-solving, valuable even in corporate roles.
Advanced Stage
Master Indian Taxation and Financial Management- (Semester 5-6)
Deep dive into Income Tax Law & Practice and Goods and Services Tax. Understand the intricacies of the Indian tax system, compliance, and planning. Simultaneously, grasp the principles of financial management, capital budgeting, and working capital.
Tools & Resources
Taxmann publications, NIRC/SIRC of ICAI/ICSI/ICMAI resources, Financial calculators, Live case studies of Indian tax scenarios
Career Connection
These are the core specialization areas leading to roles in tax advisory, financial planning, and corporate finance within Indian companies.
Engage in Investment Analysis and Financial Markets- (Semester 5-6)
Actively learn about Investment Management and Financial Markets and Services. Follow Indian stock market trends, read annual reports of listed companies, and understand financial products like mutual funds and derivatives specific to the Indian context.
Tools & Resources
SEBI website, NSE/BSE websites, Moneycontrol, Bloomberg Terminal (if accessible), NISM certifications
Career Connection
This prepares students for careers in wealth management, equity research, portfolio management, and investment banking in India.
Prepare for Placements and Professional Certifications- (Semester 5-6)
Focus on placement preparation, including resume building, mock interviews, and group discussions. Consider pursuing professional certifications like NISM modules, basic GST practitioner courses, or preparing for entrance exams for CA/CS/CMA.
Tools & Resources
College placement cell, Online interview preparation platforms, NISM certification guides, Professional body websites (ICAI, ICSI, ICMAI)
Career Connection
Direct path to securing internships and full-time positions, enhancing employability, and accelerating career growth in the Indian financial sector.
Program Structure and Curriculum
Eligibility:
- Pass in Plus Two (Higher Secondary) or equivalent examination recognized by Mahatma Gandhi University.
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 |
|---|---|---|---|---|
| EN1CC01 | English Common Course I (B.Com - A Common Course - I - English I) | Common Course | 4 | Reading Skills, Writing Skills, Grammar and Usage, Comprehension, Basic Communication |
| EN1CC02 | English Common Course II (B.Com - A Common Course - II - English II) | Common Course | 3 | Narrative Techniques, Creative Writing, Literary Analysis, Critical Thinking, Report Writing |
| ML1CC01 | Additional Language Common Course I (e.g., Malayalam, Hindi, Arabic) | Common Course | 4 | Grammar, Prose, Poetry, Essay Writing, Translation |
| CO1CR01 | Business Organisation and Management | Core | 4 | Business Forms, Management Functions, Planning, Organizing, Staffing, Directing and Controlling |
| CO1CM01 | Business Statistics | Complementary | 4 | Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Probability Concepts |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN2CC03 | English Common Course III (B.Com - A Common Course - III - English III) | Common Course | 4 | Public Speaking, Presentation Skills, Interview Techniques, Professional Correspondence, Group Discussions |
| EN2CC04 | English Common Course IV (B.Com - A Common Course - IV - English IV) | Common Course | 3 | Essay Writing, Precis Writing, Paraphrasing, Formal Communication, Critical Appreciation |
| ML2CC02 | Additional Language Common Course II | Common Course | 4 | Literary Forms, Cultural Aspects, Modern Literature, Communication Strategies, Discourse Analysis |
| CO2CR02 | Financial Accounting I | Core | 4 | Accounting Principles, Journal and Ledger, Trial Balance, Final Accounts, Rectification of Errors |
| CO2CM02 | Principles of Environmental Science and Disaster Management | Complementary | 4 | Ecosystems and Biodiversity, Environmental Pollution, Global Environmental Issues, Disaster Preparedness, Risk Management |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO3CR03 | Banking and Insurance | Core | 4 | Banking System in India, Reserve Bank of India, Commercial Banks, Principles of Insurance, Life Insurance, General Insurance |
| CO3CR04 | Business Regulatory Framework | Core | 4 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Company Law Fundamentals, Negotiable Instruments Act |
| CO3CR05 | Financial Accounting II | Core | 4 | Partnership Accounts, Admission and Retirement of Partner, Dissolution of Partnership, Departmental Accounts, Branch Accounts |
| CO3CM03 | Quantitative Techniques for Business | Complementary | 4 | Linear Programming, Transportation Problem, Assignment Problem, Game Theory, Network Analysis |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO4CR06 | Corporate Accounting | Core | 4 | Share Capital and Debentures, Final Accounts of Companies, Amalgamation and Absorption, Internal Reconstruction, Valuation of Shares and Goodwill |
| CO4CR07 | Cost Accounting | Core | 4 | Cost Concepts and Classifications, Material Costing, Labour Costing, Overhead Costing, Job and Process Costing |
| CO4CR08 | Entrepreneurship Development and Business Ethics | Core | 4 | Entrepreneurial Process, Business Plan Preparation, Small Business Management, Ethics in Business, Corporate Social Responsibility |
| CO4CM04 | Computerised Accounting | Complementary | 4 | Introduction to Tally ERP, Company Creation and Configuration, Voucher Entry, Report Generation, Payroll and Inventory Management |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO5CR09 | Income Tax Law and Practice | Core | 4 | Residential Status and Tax Incidence, Income under various Heads, Deductions from Gross Total Income, Assessment Procedure, Tax Planning and Avoidance |
| CO5CR10 | Management Accounting | Core | 4 | Fund Flow Statement, Cash Flow Statement, Ratio Analysis, Marginal Costing, Budgetary Control, Standard Costing and Variance Analysis |
| CO5CR11 | Auditing | Core | 4 | Principles of Auditing, Internal Control System, Vouching and Verification, Audit Report, Types of Audit |
| CO5CR12 | Principles of Financial Management | Core | 4 | Financial Goals and Objectives, Capital Budgeting Decisions, Working Capital Management, Capital Structure Theories, Dividend Policy, Risk and Return Analysis |
| CO5OP01 | Open Course (e.g., Fundamentals of Banking) | Open Course | 3 | Functions of Banks, Types of Bank Accounts, Digital Banking Services, Loan Products and Services, Financial Inclusion |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO6CR13 | Goods and Services Tax | Core | 4 | Introduction to GST, Levy and Collection of GST, Input Tax Credit, Registration and Returns, E-way Bill and Records |
| CO6CR14 | Financial Markets and Services | Core | 4 | Indian Money Market, Indian Capital Market, Stock Exchanges and SEBI, Mutual Funds and Investment Banking, Merchant Banking and Factoring |
| CO6EL01.1 | Elective I: Investment Management | Elective (Finance & Taxation) | 4 | Investment Avenues, Risk and Return Analysis, Portfolio Management Theory, Equity Valuation, Bond Valuation, Introduction to Derivatives |
| CO6EL01.2 | Elective II: International Finance | Elective (Finance & Taxation) | 4 | Exchange Rate Mechanisms, Foreign Exchange Market, International Parity Conditions, Currency Derivatives, International Capital Budgeting |
| CO6PR01 | Project & Viva | Project | 4 | Research Methodology, Data Collection and Analysis, Report Writing, Presentation Skills, Viva Voce Preparation |
