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BCOM in Accounts at S.R. Degree College
Fatehpur, Uttar Pradesh
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About the Specialization
What is Accounts at S.R. Degree College Fatehpur?
This BCom program with an inherent focus on Accounts at S.R. Degree College, Fatehpur, prepares students for diverse roles in finance and accounting. Rooted in the National Education Policy 2020 framework, it offers a robust curriculum blending theoretical knowledge with practical skills. The program is designed to meet the growing demand for skilled accounting professionals across various Indian industries, from corporate sectors to MSMEs, contributing to economic growth.
Who Should Apply?
This program is ideal for 10+2 graduates with a commerce background aspiring for a career in accounting, finance, or taxation. It suits individuals seeking foundational knowledge for roles like accountants, tax consultants, or auditors. Working professionals looking to formalize their accounting expertise or career changers transitioning into finance-related domains will also find the comprehensive curriculum beneficial, especially with the embedded practical skills.
Why Choose This Course?
Graduates of this program can expect promising career paths in India as Junior Accountants, Tax Preparers, Audit Assistants, or Financial Analysts. Entry-level salaries typically range from INR 2.5 Lakhs to 4.5 Lakhs per annum, with significant growth potential up to INR 8-12 Lakhs with experience and additional certifications like CA or CMA. The curriculum aligns with requirements for professional certifications and government accounting roles.
Student Success Practices
Foundation Stage
Master Core Accounting Principles Early- (Semester 1-2)
Focus intensely on fundamental subjects like Financial and Corporate Accounting in the first year. Regularly solve numerical problems, attend practical Tally sessions, and clarify conceptual doubts immediately. This strong base is critical for advanced topics and crucial for campus placements.
Tools & Resources
Textbooks, TallyPrime software, Online tutorials (e.g., ICAI resources, YouTube channels like ''''The Accountancy Guru''''), Peer study groups
Career Connection
A solid foundation is essential for securing entry-level accounting positions and excelling in subsequent interviews and practical assessments for roles like Junior Accountant or Bookkeeper.
Develop Strong Business Communication- (Semester 1-2)
Actively participate in personality development and communication courses. Practice public speaking, professional writing, and group discussions. These soft skills are highly valued by recruiters in India for client interaction, team collaboration, and presenting financial reports.
Tools & Resources
English language newspapers, LinkedIn Learning, Toastmasters clubs (if available), College debate/discussion forums
Career Connection
Enhances employability for roles requiring client interaction, report presentation, and effective team communication in corporate and audit firms.
Engage with Skill Enhancement Courses (SECs)- (Semester 1-2)
Treat SECs like ''''Tally & GST Basic'''' as practical training modules. Dedicate time to hands-on practice, understand their real-world application in Indian businesses, and aim for proficiency. These are direct job-skill enhancers.
Tools & Resources
TallyPrime practice software, GSTN portal for understanding processes, Online courses on basic Tally/GST
Career Connection
Directly prepares students for roles requiring practical knowledge of Tally and GST, which are indispensable in the Indian accounting landscape, boosting immediate placement chances.
Intermediate Stage
Integrate Costing, Tax, and Law Knowledge- (Semester 3-4)
As subjects like Cost Accounting, Income Tax, and Company Law are introduced, focus on their interconnectedness. Understand how legal frameworks influence accounting practices and how costing impacts business decisions. Solve case studies to apply theoretical knowledge.
Tools & Resources
Previous year question papers, Taxmann publications, ICSI study material (for Company Law), Industry case studies
Career Connection
Builds a holistic understanding of business operations, making graduates valuable for roles in tax advisory, internal audit, and compliance, and providing a competitive edge in interviews.
Pursue Internships and Industrial Training- (Semester 3-4)
Actively seek short-term internships or industrial training opportunities during semester breaks, especially in local CA firms, small businesses, or NGOs. Gain practical exposure to bookkeeping, taxation, and financial reporting. Even unpaid internships offer invaluable experience.
Tools & Resources
College placement cell, LinkedIn, Internshala, Local business directories
Career Connection
Real-world experience is highly valued by employers in India, providing a competitive edge in placements and facilitating networking within the finance and accounting sectors.
Master Advanced GST and Financial Modeling- (Semester 3-4)
Leverage advanced GST courses and financial modeling skills. Practice building financial models in Excel for various business scenarios. Stay updated with GST amendments via official circulars, as these are critical skills for compliance and analysis in India.
Tools & Resources
Advanced Excel tutorials, GST portal updates, Financial modeling templates, SEBI website for financial markets information
Career Connection
These specialized skills are in high demand for roles in tax consultancy, financial analysis, and corporate finance, opening doors to better opportunities and higher starting salaries.
Advanced Stage
Excel in Auditing and Management Accounting- (Semester 5-6)
Deeply engage with Auditing and Management Accounting. Understand the principles of financial scrutiny, internal controls, and strategic decision-making through financial data. Practice scenario-based questions relevant to Indian corporate governance. This helps prepare for professional exams too.
Tools & Resources
ICAI Auditing Standards, SEBI regulations on corporate governance, Advanced accounting textbooks, Financial news and business magazines
Career Connection
Prepares students for roles in internal audit, statutory audit, management consulting, and strategic finance, offering avenues for significant career growth in Indian corporates.
Undertake a Comprehensive Project Work- (Semester 5-6)
Choose a project topic related to your specific interest within accounting, such as a case study on a company''''s financial performance, a taxation analysis, or an audit report simulation. Focus on robust research methodology, data analysis, and clear presentation. This acts as a capstone experience.
Tools & Resources
Research papers via Google Scholar, Industry reports, Statistical software (e.g., R, SPSS Basic), Guidance from faculty mentors
Career Connection
Demonstrates independent research and analytical skills, making candidates stand out in placement drives and providing a strong talking point for interviews, especially for research-oriented or analyst roles.
Prepare for Professional Certifications & Placements- (Semester 5-6)
Alongside final year studies, begin preparing for relevant professional certifications like CA Foundation, CMA, or NISM modules. Actively participate in campus placement activities, polish your resume, practice aptitude tests, and mock interviews tailored for accounting and finance roles in India.
Tools & Resources
CA/CMA study materials, NISM certification modules, Online aptitude test platforms, Placement cell resources, Mock interview sessions
Career Connection
Maximizes chances of immediate placement in reputable companies and sets a strong foundation for a long-term career by pursuing globally recognized professional qualifications, which are highly valued in India.
Program Structure and Curriculum
Eligibility:
- Intermediate (10+2) examination or its equivalent from a recognized board
Duration: 3 Years (6 semesters)
Credits: Credits not specified
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-101 | Financial Accounting | Major Core | 4 | Accounting Concepts and Principles, Journal, Ledger, and Trial Balance, Final Accounts of Sole Proprietorship, Depreciation Accounting, Accounting for Non-Profit Organizations |
| BCOM-102 | Business Organization & Management | Major Core | 4 | Forms of Business Organizations, Principles and Functions of Management, Planning and Decision Making, Organizing and Staffing, Directing, Controlling, and Coordination |
| BCOM-103 | Micro Economics | Minor/Core | 4 | Demand and Supply Analysis, Consumer Behavior and Utility, Production and Cost Analysis, Market Structures and Pricing, Theory of Rent, Wages, Interest, and Profit |
| BCOM-SEC-1 | Personality Development & Communication | Skill Enhancement Course | 2 | Self-Awareness and Self-Esteem, Verbal and Non-Verbal Communication, Public Speaking and Presentation Skills, Interpersonal Skills and Group Dynamics, Time Management and Goal Setting |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-201 | Corporate Accounting | Major Core | 4 | Issue and Forfeiture of Shares, Issue and Redemption of Debentures, Final Accounts of Companies, Amalgamation and Internal Reconstruction, Valuation of Goodwill and Shares |
| BCOM-202 | Business Law | Major Core | 4 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Indian Partnership Act, 1932, Limited Liability Partnership Act, 2008 |
| BCOM-203 | Macro Economics | Minor/Core | 4 | National Income Accounting, Theories of Money and Banking, Inflation and Unemployment, Business Cycles, Fiscal and Monetary Policies |
| BCOM-SEC-2 | Tally & GST Basic | Skill Enhancement Course | 2 | Introduction to TallyPrime, Company Creation and Chart of Accounts, Voucher Entry and Accounting Reports, Fundamentals of Goods and Services Tax (GST), GST Compliances in Tally |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-301 | Cost Accounting | Major Core | 4 | Cost Concepts and Classification, Material Costing and Inventory Control, Labour Costing Methods, Overhead Absorption and Control, Job, Batch, and Contract Costing |
| BCOM-302 | Company Law | Major Core | 4 | Company Formation and Promotion, Memorandum and Articles of Association, Share Capital and Debentures, Company Meetings and Resolutions, Directors and Key Managerial Personnel |
| BCOM-303 | Public Finance | Major Core | 4 | Role of Government in Economy, Public Revenue and Taxation, Public Expenditure and its Effects, Public Debt Management, Fiscal Policy and Budgeting |
| BCOM-SEC-3 | Financial Modeling | Skill Enhancement Course | 2 | Introduction to Financial Modeling in Excel, Time Value of Money and Amortization Schedules, Financial Statement Projections, Valuation Models (DCF, Relative Valuation), Sensitivity and Scenario Analysis |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-401 | Income Tax Law & Practice | Major Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Income from Salaries, Income from House Property, Profits and Gains of Business or Profession |
| BCOM-402 | Business Statistics | Major Core | 4 | Measures of Central Tendency and Dispersion, Probability Theory and Distributions, Correlation and Regression Analysis, Index Numbers and Time Series Analysis, Sampling and Hypothesis Testing (Basic) |
| BCOM-403 | Indian Economy | Major Core | 4 | Structure and Features of Indian Economy, Economic Planning in India, Agriculture and Industrial Sectors, Poverty, Unemployment, and Inequality, Recent Economic Reforms and Challenges |
| BCOM-SEC-4 | Goods & Service Tax (GST) Advanced | Skill Enhancement Course | 2 | GST Registration and Composition Scheme, Input Tax Credit (ITC) Rules and Utilization, Reverse Charge Mechanism, E-Way Bill System and GST Returns, GST Audit and Assessment Procedures |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-501 | Auditing & Corporate Governance | Major Core | 4 | Principles and Types of Audit, Internal Control and Internal Audit, Audit Planning, Documentation, and Evidence, Audit Report and Certificates, Corporate Governance Framework and CSR |
| BCOM-502 | Management Accounting | Major Core | 4 | Financial Statement Analysis, Fund Flow and Cash Flow Statements, Ratio Analysis for Decision Making, Break-Even Analysis and Marginal Costing, Budgetary Control and Standard Costing |
| BCOM-503 | Capital Market & Financial Services | Major Core | 4 | Indian Financial System, Primary and Secondary Capital Markets, SEBI Regulations and Reforms, Mutual Funds and Investment Banking, Insurance Services and IRDAI |
| BCOM-PRJ-5 | Project Work/Dissertation | Major Project | 4 | Research Problem Identification, Literature Review and Research Methodology, Data Collection and Analysis Techniques, Interpretation of Findings and Conclusions, Report Writing and Viva-Voce |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCOM-601 | GST & Customs Law | Major Core | 4 | GST Framework and Supply, Place of Supply and Time of Supply, Customs Act and Valuation for Customs Duty, Import and Export Procedures, Customs Duty Calculation and Drawback |
| BCOM-602 | Entrepreneurship Development | Major Core | 4 | Concept and Process of Entrepreneurship, Role of MSMEs in India, Business Plan Preparation, Sources of Finance for Entrepreneurs, Government Support for Startups |
| BCOM-603 | Banking & Insurance | Major Core | 4 | Commercial Banking Functions, Reserve Bank of India (RBI) and Monetary Policy, E-Banking and Digital Payments, Principles and Types of Insurance, Insurance Regulatory and Development Authority of India (IRDAI) |
| BCOM-ELEC-6 | Research Methodology for Commerce | Elective | 4 | Introduction to Business Research, Research Design and Hypothesis Formulation, Data Collection Methods (Primary & Secondary), Sampling Techniques, Data Analysis and Interpretation |
