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BCOM-HONS in Accountancy at S.S.L.N.T. Mahila Mahavidyalaya, Dhanbad
Dhanbad, Jharkhand
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About the Specialization
What is Accountancy at S.S.L.N.T. Mahila Mahavidyalaya, Dhanbad Dhanbad?
This Accountancy specialization program at Shree Shree Lakshmi Narayan Trust Mahila Mahavidyalaya, affiliated with BBMKU, focuses on developing a strong foundation in financial accounting, corporate accounting, cost accounting, and taxation. It is designed to meet the growing demand for skilled accounting professionals in the Indian market, covering statutory compliance, financial reporting, and audit principles crucial for various industries. The curriculum emphasizes practical knowledge relevant to India''''s dynamic economic environment.
Who Should Apply?
This program is ideal for 10+2 commerce graduates seeking entry into the accounting and finance sector, aiming for roles like junior accountants, audit assistants, or tax consultants. It also serves individuals looking to build a professional career in accounting, finance, or corporate compliance. Specific prerequisite backgrounds typically include a strong grasp of basic mathematics and business studies, though comprehensive training is provided from foundational levels.
Why Choose This Course?
Graduates of this program can expect to pursue India-specific career paths in accounting firms, corporate finance departments, banks, and public sector undertakings. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with experienced professionals earning significantly more. Growth trajectories often lead to roles like Finance Manager, Senior Accountant, or Auditor. The curriculum also aligns with the foundational knowledge required for professional certifications like CA, CMA, and CS in India.
Student Success Practices
Foundation Stage
Master Core Accounting Fundamentals- (Semester 1-2)
Focus intensely on understanding the principles of Financial Accounting-I & II and Business Organisation. Utilize textbooks, engage actively in lectures, and practice journal entries and ledger postings daily. Form study groups to discuss complex topics and clarify doubts, ensuring a solid base for advanced subjects.
Tools & Resources
Official textbooks, Practice workbooks, Online accounting tutorials (e.g., ICAI resources for basics)
Career Connection
A strong foundation ensures ease in understanding corporate accounting and tax laws, crucial for entry-level accounting roles and preparing for professional exams like CA/CS/CMA foundation.
Develop Business Communication Skills- (Semester 1-2)
Actively participate in the English Communication course to refine spoken and written communication. Practice public speaking, report writing, and email etiquette. Join college clubs for debates or presentations to build confidence and articulate business concepts clearly.
Tools & Resources
Toastmasters International (if available), English language learning apps, Business communication guides
Career Connection
Effective communication is vital for client interactions, team collaboration, and presenting financial reports, enhancing employability in corporate roles.
Explore Basic Computer Applications- (Semester 1-3)
Gain proficiency in essential computer applications covered in SEC-1, especially MS Excel and basic accounting software like Tally. Practice creating spreadsheets for financial data analysis, budgeting, and basic accounting entries. Hands-on experience is critical.
Tools & Resources
MS Office suite (Excel, Word, PowerPoint), Tally ERP.9 tutorials, Online courses on Excel for Accountants
Career Connection
Proficiency in Tally and Excel is a fundamental requirement for almost all accounting and finance jobs in India, directly impacting job readiness and efficiency.
Intermediate Stage
Internship in Accounting/Taxation- (Semester 3-5)
Seek out short-term internships (1-3 months) with local Chartered Accountant firms, tax consultants, or small businesses during semester breaks. Focus on understanding real-world book-keeping, GST compliance, and income tax filing processes. Network with professionals in the field.
Tools & Resources
College placement cell, LinkedIn, Internshala, Local CA directories
Career Connection
Practical experience bridges the gap between theoretical knowledge and industry demands, making you a more attractive candidate for future placements and providing valuable insights into specific accounting practices.
Deep Dive into Corporate and Cost Accounting- (Semester 3-4)
Beyond classroom learning, solve case studies and problems from various sources for Corporate Accounting and Cost Accounting. Participate in accounting quizzes and competitions if available. Understand the implications of different accounting standards and cost control techniques.
Tools & Resources
Reference books (M.C. Shukla, S.P. Jain & K.L. Narang), solved previous year university papers, Online forums for accounting problem-solving
Career Connection
Strong analytical skills in corporate finance and cost management are highly valued by companies, leading to roles in financial analysis, budgeting, and internal audit.
Understand Tax Laws and Filings- (Semester 3-4)
Focus on Income Tax Law and Practice, and GST and Customs Law. Stay updated with recent amendments in Indian tax regulations. Practice filing mock tax returns (both individual and business) using online tools or simulated environments. This is a highly sought-after skill.
Tools & Resources
Income Tax Department website, CBIC website, online tax filing portals (e.g., ClearTax for learning)
Career Connection
Expertise in Indian tax laws is critical for roles as tax consultants, compliance officers, and accountants in almost every organization, ensuring you are immediately productive in a professional setting.
Advanced Stage
Undertake a Relevant Research Project- (Semester 6)
Engage deeply in the project work (DSE8) focusing on a contemporary topic in accounting, auditing, or finance. This could involve financial statement analysis of an Indian company, a study on the impact of a new accounting standard, or an audit case study. This demonstrates research and analytical capabilities.
Tools & Resources
Academic journals, financial databases (e.g., Capitaline, ACE Equity if accessible), annual reports of Indian companies
Career Connection
A well-executed project highlights your specialized knowledge and research skills, crucial for roles requiring in-depth analysis and problem-solving, and for higher studies.
Prepare for Placements and Professional Exams- (Semester 5-6)
Start preparing specifically for campus placements by brushing up on core accounting concepts, aptitude, and interview skills. Simultaneously, begin foundational preparation for professional courses like CA, CMA, or CS, focusing on modules that align with the B.Com Hons curriculum to gain a head start.
Tools & Resources
Placement workshops, mock interviews, sample aptitude tests, Study material for CA/CMA/CS foundation/intermediate levels
Career Connection
Focused preparation significantly increases the chances of securing desirable placements and sets a strong trajectory for achieving professional qualifications, which are highly regarded in the Indian job market.
Develop Auditing and Governance Expertise- (Semester 5)
Pay special attention to Principles of Auditing and Corporate Governance. Understand audit standards (SA''''s), internal control frameworks, and ethical practices. Consider joining student chapters of professional accounting bodies for networking and workshops related to auditing and governance.
Tools & Resources
ICAI Auditing Standards, Corporate Governance reports of listed companies, Books on Auditing by relevant Indian authors
Career Connection
Knowledge of auditing and corporate governance is essential for roles in internal audit, statutory audit firms, and compliance departments, contributing to organizational integrity and risk management.
Program Structure and Curriculum
Eligibility:
- 10+2 or equivalent examination in Commerce/Science/Arts stream from a recognized board/university, generally with a minimum percentage (as per BBMKU regulations).
Duration: 3 years (6 semesters)
Credits: 156 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC1 | Financial Accounting - I | Core | 6 | Accounting Concepts and Principles, Accounting Process, Final Accounts of Sole Proprietorship, Consignment and Joint Venture Accounts, Branch and Departmental Accounts |
| CC2 | Business Organisation and Management | Core | 6 | Nature and Forms of Business Organization, Entrepreneurship and Small Business, Functions of Management, Motivation and Leadership, Communication and Coordination |
| AECC1 | Environmental Studies | Ability Enhancement Compulsory Course | 6 | Multidisciplinary Nature of Environmental Studies, Natural Resources, Ecosystems, Biodiversity and its Conservation, Environmental Pollution |
| GE1 | Microeconomics | Generic Elective | 6 | Basic Economic Problems, Demand and Supply Analysis, Theory of Consumer Behavior, Production and Cost Analysis, Market Structures |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC3 | Financial Accounting - II | Core | 6 | Company Accounts, Issue and Forfeiture of Shares, Debentures and their Redemption, Partnership Accounts: Admission, Retirement, Death, Dissolution of Partnership Firms |
| CC4 | Business Law | Core | 6 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Negotiable Instruments Act, 1881, Indian Partnership Act, 1932, Limited Liability Partnership Act, 2008 |
| AECC2 | English Communication | Ability Enhancement Compulsory Course | 6 | Theory of Communication, Listening Comprehension, Reading Comprehension and Vocabulary, Writing Skills, Presentation Skills |
| GE2 | Indian Economy | Generic Elective | 6 | Basic Characteristics of Indian Economy, Agriculture Sector, Industrial Sector, Service Sector, Poverty, Unemployment, and Inequality |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC5 | Corporate Accounting - I | Core | 6 | Introduction to Company Accounts, Underwriting of Shares and Debentures, Valuation of Goodwill and Shares, Amalgamation of Companies, Internal Reconstruction |
| CC6 | Company Law | Core | 6 | Introduction to Company Law, Incorporation of a Company, Memorandum and Articles of Association, Share Capital and Debentures, Management and Administration |
| CC7 | Income Tax Law and Practice | Core | 6 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Heads of Income (Salary, House Property, PGBP), Capital Gains and Other Sources, Deductions and Tax Computations |
| SEC1 | Computer Applications in Business | Skill Enhancement Course | 6 | Word Processing in Business, Spreadsheet for Business Calculations, Database Management Systems, Presentation Tools, Accounting Packages (Tally basics) |
| GE3 | Macroeconomics | Generic Elective | 6 | National Income Accounting, Theory of Income and Employment, Money and Banking, Inflation and Deflation, Fiscal and Monetary Policy |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC8 | Corporate Accounting - II | Core | 6 | Liquidation of Companies, Consolidated Financial Statements, Accounting for Banking Companies, Accounting for Insurance Companies, Accounting Standards |
| CC9 | Cost Accounting | Core | 6 | Introduction to Cost Accounting, Cost Ascertainment (Material, Labour, Overhead), Job Costing and Batch Costing, Process Costing, Standard Costing and Variance Analysis |
| CC10 | Goods and Services Tax (GST) and Customs Law | Core | 6 | Introduction to GST, Levy and Collection of GST, Time and Value of Supply, Input Tax Credit, GST Procedure and Customs Act |
| SEC2 | E-Commerce | Skill Enhancement Course | 6 | Introduction to E-Commerce, Business Models of E-Commerce, E-Payment Systems, E-Marketing, Security and Legal Issues in E-Commerce |
| GE4 | Principles of Marketing | Generic Elective | 6 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Product Life Cycle and Pricing Strategies, Promotion and Distribution Channels |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE1 | Principles of Auditing and Corporate Governance | Discipline Specific Elective (Accountancy Focused) | 6 | Fundamentals of Auditing, Audit Planning and Documentation, Internal Control System, Audit of Limited Companies, Corporate Governance and Ethics |
| DSE2 | Management Accounting | Discipline Specific Elective (Accountancy Focused) | 6 | Nature and Scope of Management Accounting, Financial Statement Analysis, Fund Flow and Cash Flow Statements, Ratio Analysis, Budgetary Control |
| DSE3 | Financial Management | Discipline Specific Elective | 6 | Goals of Financial Management, Time Value of Money, Capital Budgeting Decisions, Cost of Capital, Working Capital Management |
| DSE4 | Fundamentals of Investment | Discipline Specific Elective | 6 | Investment Environment, Security Analysis (Equity, Debt), Portfolio Management, Mutual Funds, Risk and Return Analysis |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| DSE5 | Corporate Tax Planning | Discipline Specific Elective (Accountancy Focused) | 6 | Concepts of Tax Planning, Tax Planning for New Business, Tax Planning with reference to Financial Decisions, Tax Planning with reference to Managerial Decisions, Tax Planning with reference to Specific Management Decisions |
| DSE6 | Banking & Insurance | Discipline Specific Elective | 6 | Indian Banking System, Commercial Banking Functions, Central Banking (RBI), Principles of Insurance, Types of Insurance (Life, General) |
| DSE7 | International Business | Discipline Specific Elective | 6 | Nature and Scope of International Business, Theories of International Trade, Balance of Payment, Foreign Direct Investment, International Monetary System |
| DSE8 | Project Work / Viva Voce | Discipline Specific Elective | 6 | Research Methodology Basics, Problem Identification and Formulation, Data Collection and Analysis, Report Writing and Presentation, Viva Voce Examination |
