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B-COM in Accounting And Finance at SRM Institute of Science and Technology (Deemed to be University)
Chengalpattu, Tamil Nadu
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About the Specialization
What is Accounting and Finance at SRM Institute of Science and Technology (Deemed to be University) Chengalpattu?
This B.Com Accounting and Finance program at Sri Ramaswamy Memorial Institute of Science and Technology focuses on equipping students with a robust understanding of financial principles, accounting practices, and business analytics crucial for the Indian corporate landscape. It integrates theoretical knowledge with practical skills, preparing graduates for dynamic roles in finance, taxation, auditing, and corporate management, addressing the growing demand for skilled finance professionals in India.
Who Should Apply?
This program is ideal for fresh graduates with a commerce background seeking entry into the finance and accounting sectors, aspiring chartered accountants or financial analysts, and those aiming for roles in corporate finance or taxation. It also suits individuals looking to gain a strong foundation for advanced studies like MBA in Finance or professional certifications, with a keen interest in understanding the Indian financial system.
Why Choose This Course?
Graduates of this program can expect to pursue diverse career paths in India, including financial analyst, accountant, auditor, tax consultant, investment banker, and wealth manager in both public and private sectors. Entry-level salaries typically range from INR 3-5 LPA, growing significantly with experience. The program aligns well with pathways to professional certifications like CA, CMA, and CFA, enhancing career growth trajectories in leading Indian companies.
Student Success Practices
Foundation Stage
Build Strong Foundational Concepts- (Semester 1-2)
Focus intensely on core subjects like Financial Accounting, Business Economics, and Quantitative Techniques. Utilize textbooks, online tutorials, and practice problems regularly. Form study groups with peers to discuss complex topics and clarify doubts, ensuring a solid academic base.
Tools & Resources
NCERT Commerce books, Khan Academy, Coursera (introductory finance/accounting courses), Study groups, Faculty office hours
Career Connection
A strong foundation in these areas is crucial for understanding advanced topics and performing well in initial recruitment tests for accounting and finance roles.
Develop Essential Communication Skills- (Semester 1-2)
Actively participate in English language classes and focus on improving written and verbal communication. Join college clubs like debate or public speaking. Practice presenting ideas clearly and concisely, which is vital for business reports and client interactions.
Tools & Resources
Toastmasters International (local chapters), Business communication workshops, English language apps (Grammarly, Duolingo), Mock interviews
Career Connection
Effective communication is highly valued in all finance roles, from client interactions to corporate presentations and team collaborations.
Master Basic Business Software Applications- (Semester 1-2)
Gain proficiency in essential software like MS Excel for data analysis and basic accounting software. Attend workshops, complete online tutorials, and practice creating spreadsheets for financial data, budgeting, and simple accounting tasks.
Tools & Resources
Microsoft Excel tutorials, Tally ERP (basic version), QuickBooks tutorials, Udemy/Coursera courses on business analytics
Career Connection
Hands-on experience with business software is a prerequisite for most entry-level finance and accounting positions in India, enabling efficiency and accuracy.
Intermediate Stage
Engage in Applied Financial Projects- (Semester 3-4)
Seek opportunities for small projects or case studies in Cost Accounting, Management Accounting, and Financial Management. Analyze real-world financial statements, prepare cost sheets, or develop simple financial models. Participate in inter-college finance competitions.
Tools & Resources
BSE/NSE websites for company data, Annual reports of Indian companies, Financial news portals (Economic Times, Livemint), Case study competitions
Career Connection
Practical application of concepts demonstrates analytical skills and problem-solving abilities, highly valued by recruiters for roles like financial analyst or management trainee.
Network with Industry Professionals- (Semester 3-4)
Attend guest lectures, industry seminars, and workshops organized by the department. Connect with alumni working in finance and accounting. Utilize platforms like LinkedIn to build a professional network and seek guidance on career paths and industry trends.
Tools & Resources
LinkedIn, College alumni network, Industry events (e.g., FICCI, CII webinars), Professional bodies (ICAI, ICMAI student chapters)
Career Connection
Networking opens doors to internships, mentorship, and potential job opportunities, offering insights into the Indian financial job market.
Pursue Relevant Certifications & Skills- (Semester 4-5)
Explore and consider pursuing introductory certifications related to financial markets or accounting software (e.g., NISM certifications, advanced Excel, Tally ERP 9). Develop a strong understanding of India''''s tax laws (Income Tax, GST) by studying official publications and online resources.
Tools & Resources
NISM certifications, ICAI/ICMAI foundation courses, Tally Education, Taxmann.com, Official GST website
Career Connection
These certifications and specialized skills make graduates more competitive for roles in taxation, investment banking, or financial advisory within India.
Advanced Stage
Secure Meaningful Internships/Project Work- (Semester 5-6)
Actively pursue internships in financial institutions, accounting firms, or corporate finance departments. Focus on applying classroom knowledge to real-world scenarios, understanding organizational culture, and building a professional portfolio. Utilize the final semester project as an intensive research and application opportunity.
Tools & Resources
College placement cell, Internshala.com, Company career pages, Faculty mentors, Project guides
Career Connection
Internships are critical for gaining practical experience, making industry connections, and often leading to pre-placement offers in Indian companies.
Master Advanced Financial Tools & Regulations- (Semester 5-6)
Delve into advanced topics like Strategic Financial Management, Financial Reporting (IFRS/Ind AS), and Derivatives. Develop expertise in financial modeling using advanced Excel or specialized software. Stay updated on the latest financial regulations and policies impacting the Indian market.
Tools & Resources
Financial modeling courses (e.g., from CFI), Bloomberg Terminal (if available at college), SEBI/RBI websites, Business journals, Financial newspapers
Career Connection
Proficiency in advanced tools and regulatory knowledge is essential for high-level roles in corporate finance, investment banking, and financial analysis in India.
Excel in Placement Preparation- (Semester 6)
Systematically prepare for campus placements by practicing aptitude tests, group discussions, and mock interviews. Tailor your resume and cover letter to specific company requirements, highlighting skills and internship experiences relevant to the Indian job market. Seek feedback from career services.
Tools & Resources
Placement training modules, Online aptitude test platforms (indiabix.com), Mock interview panels, Career counseling, Company-specific preparation guides
Career Connection
Thorough preparation significantly increases the chances of securing desirable job offers from top Indian and multinational companies recruiting on campus.
Program Structure and Curriculum
Eligibility:
- A pass in H.Sc. / CBSE / Equivalent examinations with Commerce / Accountancy / Mathematics / Business Mathematics / Computer Science / Economics.
Duration: 3 years / 6 semesters
Credits: 140 Credits
Assessment: Internal: 40%, External: 60%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCC1801 | Financial Accounting | Core | 4 | Accounting principles, Journals and Ledgers, Trial balance, Final accounts preparation, Depreciation methods, Bank reconciliation statement |
| UCC1802 | Business Economics | Core | 4 | Demand and supply analysis, Production and cost analysis, Market structures, National income concepts, Inflation and business cycles |
| UCC1803 | Business Management | Core | 4 | Nature and scope of management, Planning and decision making, Organizing and staffing, Directing and motivation, Controlling and coordination |
| UCC1804 | Quantitative Techniques for Business - I | Core | 4 | Statistical data analysis, Measures of central tendency, Measures of dispersion, Correlation and regression, Probability theory |
| ULC1801 | English | Language | 3 | Grammar and usage, Reading comprehension, Business letter writing, Report writing, Presentation skills |
| ULH1801 | Value Education | Ability Enhancement | 1 | Ethical values, Human rights, Social responsibility, Personal values, Professional ethics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCC1805 | Corporate Accounting | Core | 4 | Share and debenture issues, Company final accounts, Amalgamation and absorption, Internal reconstruction, Valuation of goodwill and shares |
| UCC1806 | Principles of Marketing | Core | 4 | Marketing concepts and environment, Market segmentation and targeting, Product decisions, Pricing strategies, Promotion and distribution |
| UCC1807 | Business Law | Core | 4 | Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Negotiable Instruments Act, Partnership Act |
| UCC1808 | Quantitative Techniques for Business - II | Core | 4 | Index numbers, Time series analysis, Decision theory, Linear programming, Transportation problem |
| ULC1802 | Tamil / Hindi / French | Language | 3 | Language proficiency, Grammar and composition, Cultural aspects, Reading and writing skills |
| ULH1802 | Environmental Science | Ability Enhancement | 1 | Ecosystems and biodiversity, Environmental pollution, Natural resources management, Sustainable development, Climate change |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCC1809 | Advanced Corporate Accounting | Core | 4 | Holding company accounts, Liquidation of companies, Accounting for banking companies, Accounting for insurance companies, Cash flow statements |
| UCC1810 | Cost Accounting | Core | 4 | Cost concepts and classification, Cost sheet preparation, Material and labour costing, Overhead costing, Job and batch costing |
| UCC1811 | Company Law | Core | 4 | Company formation, Memorandum and articles, Shares and debentures, Company meetings, Winding up of companies |
| UCC1812 | Banking Theory Law and Practice | Core | 4 | Commercial banking functions, Central banking system, Banking regulation in India, Types of accounts and loans, Electronic banking services |
| UCA1801 | Investment Management | Elective | 3 | Investment objectives and process, Risk and return analysis, Security analysis (fundamental and technical), Portfolio management theories, Mutual funds and investment avenues |
| UCP18P1 | Business Computing Lab | Lab | 2 | Spreadsheet for business applications, Data manipulation in Excel, Basic accounting software operations, Presentation tools for business, Internet for business research |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCC1813 | Income Tax Law and Practice | Core | 4 | Basic concepts of income tax, Residential status and tax liability, Heads of income (salary, house property, business, capital gains), Deductions from gross total income, Assessment of individuals |
| UCC1814 | Management Accounting | Core | 4 | Financial statement analysis, Ratio analysis, Fund flow and cash flow statements, Budgetary control, Standard costing and variance analysis |
| UCC1815 | Entrepreneurship Development | Core | 4 | Concept of entrepreneurship, Entrepreneurial characteristics, Business idea generation, Project formulation and appraisal, Sources of finance for entrepreneurs |
| UCC1816 | Financial Management | Core | 4 | Financial goals and objectives, Capital budgeting decisions, Cost of capital, Capital structure theories, Working capital management |
| UCA1802 | Financial Markets and Services | Elective | 3 | Indian financial system overview, Money market operations, Capital market structure, Stock exchanges and trading, Financial services (merchant banking, credit rating) |
| UCP18P2 | Advanced Business Computing Lab | Lab | 2 | Advanced Excel for financial modeling, Database management for business, ERP concepts and applications, Data visualization tools, Cyber security basics for business |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCC1817 | Auditing and Corporate Governance | Core | 4 | Nature and scope of auditing, Types of audit, Internal control and audit program, Audit report, Principles of corporate governance |
| UCC1818 | Goods and Services Tax (GST) | Core | 4 | Introduction to GST, Levy and collection of GST, Input Tax Credit mechanism, Time and value of supply, Registration and GST returns |
| UCC1819 | International Business | Core | 4 | Globalization and international trade theories, Balance of payments, Foreign exchange markets, International financial institutions, Entry modes for international business |
| UCC1820 | Business Research Methods | Core | 4 | Nature of business research, Research design, Data collection methods, Sampling techniques, Data analysis and interpretation |
| UCA1803 | Derivatives | Elective | 3 | Introduction to derivatives, Forwards and futures contracts, Options: calls and puts, Swaps and their applications, Hedging and speculation with derivatives |
| UCC18PW | Project Work | Project | 3 | Research methodology application, Data collection and analysis, Problem identification and solution, Report writing and presentation, Ethical considerations in research |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| UCC1821 | Strategic Financial Management | Core | 4 | Strategic financial planning, Corporate restructuring, Mergers and acquisitions, Portfolio management, Risk management in finance |
| UCC1822 | Indian Financial System | Core | 4 | Structure of Indian financial system, Money market and capital market, Financial instruments and institutions, Regulatory bodies (RBI, SEBI), Financial sector reforms |
| UCC1823 | Financial Reporting and Analysis | Core | 4 | International Financial Reporting Standards (IFRS), Indian Accounting Standards (Ind AS), Segment reporting and EPS, Financial statement analysis techniques, Corporate social responsibility reporting |
| UCC1824 | E-Commerce | Core | 4 | E-commerce business models, Online payment systems, Digital marketing strategies, Cyber laws and regulations, Security issues in e-commerce |
| UCA1804 | Entrepreneurial Finance | Elective | 3 | Funding sources for startups, Venture capital and angel investing, Crowdfunding platforms, Valuation of new ventures, Exit strategies for entrepreneurs |
| UCC18PR | Internship / In-plant Training | Project/Internship | 3 | Practical industry exposure, Application of theoretical knowledge, Understanding organizational processes, Skill development in a professional setting, Internship report and presentation |
