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B-COM-FINANCE in General at ST. JOSEPH'S COLLEGE (AUTONOMOUS) DEVAGIRI
Kozhikode, Kerala
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About the Specialization
What is General at ST. JOSEPH'S COLLEGE (AUTONOMOUS) DEVAGIRI Kozhikode?
This B.Com Finance and Taxation program at St. Joseph''''s College, Devagiri, focuses on equipping students with a strong foundation in financial management, accounting, and direct and indirect taxation. It prepares them for diverse roles in India''''s booming financial sector and the complex tax environment, making them valuable assets to businesses and audit firms across the country.
Who Should Apply?
This program is ideal for 10+2 graduates with a commerce background aspiring to enter finance, accounting, or taxation fields. It suits individuals seeking to build strong analytical and regulatory knowledge, preparing them for roles as tax consultants, financial analysts, or accountants in Indian corporations. Ambitious students aiming for professional certifications will also find this beneficial.
Why Choose This Course?
Graduates of this program can expect to secure entry-level positions in finance, audit, or taxation departments. Potential roles include Junior Accountant, Tax Preparer, Financial Assistant, or Audit Trainee, with starting salaries typically ranging from INR 2.5 LPA to 4.5 LPA in India, with significant growth potential after gaining experience and further certifications.
Student Success Practices
Foundation Stage
Master Accounting Fundamentals- (Semester 1-2)
Diligently practice journal entries, ledger posting, and preparation of trial balances and final accounts. Focus on understanding the conceptual basis of debit and credit to build a strong base for advanced accounting courses.
Tools & Resources
Textbooks, Reference guides, Online tutorials from ICAI/ICMAI, Peer study groups
Career Connection
A solid grasp of financial accounting is crucial for any finance or taxation role, enabling accurate record-keeping and financial reporting, which are entry points into accounting and audit careers.
Develop Quantitative and Analytical Skills- (Semester 1-3)
Engage actively with Business Statistics and Quantitative Techniques. Practice problem-solving regularly, focusing on interpreting data and applying statistical tools relevant to business scenarios. Use spreadsheets like Excel for calculations.
Tools & Resources
Statistical software tutorials, Online problem sets (e.g., from Khan Academy for basic stats), Excel for data analysis
Career Connection
These skills are fundamental for financial analysis, market research, and understanding economic trends, enhancing your ability to make data-driven decisions in finance roles.
Build Professional Communication Skills- (Semester 1-2)
Actively participate in group discussions, presentations, and mock interviews. Focus on clear, concise, and professional communication, both written and verbal, which is vital for corporate interactions and client management.
Tools & Resources
Toastmasters International (if available nearby), Online public speaking courses, Career guidance workshops
Career Connection
Strong communication skills are paramount for client-facing roles, team collaboration, and conveying financial information effectively, leading to better career progression and leadership opportunities.
Intermediate Stage
Deep Dive into Corporate and Cost Accounting- (Semester 3-5)
Go beyond theoretical knowledge by solving complex problems in corporate and cost accounting. Work on case studies involving company valuations, mergers, and cost control strategies. Understand their implications for Indian businesses.
Tools & Resources
Advanced accounting problem books, Industry case studies (e.g., from Harvard Business Review, IIM publications), Financial news analyses
Career Connection
Proficiency in these areas opens doors to roles in corporate finance, financial planning, and management consulting, where understanding company financials and cost structures is key.
Gain Practical Tax Knowledge- (Semester 4-5)
Study Income Tax Law and Practice diligently, focusing on recent amendments and real-world application. Consider volunteering during tax filing seasons or assisting small businesses with their basic tax computations to gain practical exposure.
Tools & Resources
Income Tax Act 1961 Bare Act, Taxmann''''s publications, Income Tax Department portal, Local tax consultants for internships
Career Connection
This practical knowledge is directly applicable to roles as tax consultants, compliance officers, or accountants, especially in India''''s dynamic tax regime.
Explore Financial Markets and Services- (Semester 4-5)
Start tracking Indian stock market trends, mutual funds, and banking products. Read financial newspapers and magazines. Consider taking basic certifications like NISM (National Institute of Securities Markets) modules to understand market operations.
Tools & Resources
Economic Times, Moneycontrol.com, NISM certifications, SEBI website
Career Connection
Understanding financial markets prepares you for roles in investment banking, equity research, wealth management, and portfolio management, which are high-growth areas in India.
Advanced Stage
Undertake Industry-Relevant Projects- (Semester 5-6)
Choose a project topic related to current financial trends, tax reforms (like GST impact), or investment analysis. Conduct thorough research, data collection, and analysis, culminating in a well-structured report and presentation.
Tools & Resources
Academic databases, Statistical software (SPSS, R), Financial data providers (e.g., Bloomberg terminals, if accessible)
Career Connection
A strong project showcases your ability to apply theoretical knowledge to practical problems, making you a more attractive candidate for research, analytical, and management roles.
Prepare for Professional Certifications and Placements- (Semester 5-6)
Alongside your final semester, actively prepare for competitive professional certifications like CMA, CFA (foundational levels), or NISM modules that align with your career goals. Attend campus placement workshops and mock interviews.
Tools & Resources
Certification study materials, Placement cell resources, Online interview platforms (e.g., Pramp), LinkedIn for networking
Career Connection
Professional certifications significantly boost your employability and demonstrate specialized knowledge, while placement preparation ensures you land your desired job in top Indian companies or MNCs.
Network and Seek Mentorship- (Semester 5-6)
Attend industry seminars, webinars, and alumni events. Connect with professionals in finance and taxation on platforms like LinkedIn. Seek mentorship from experienced individuals to gain insights into career paths and industry expectations.
Tools & Resources
LinkedIn, Professional associations (e.g., CII, FICCI events), Alumni network platforms
Career Connection
Networking opens doors to internship opportunities, job referrals, and invaluable career guidance, which can be critical for securing impactful roles and accelerating career growth in the Indian market.
Program Structure and Curriculum
Eligibility:
- Pass in Plus Two or equivalent examination
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 |
|---|---|---|---|---|
| ENG1A01 | English I - Language Skills | Common Course | 4 | Communication Skills, Grammar and Usage, Reading Comprehension, Basic Writing Skills, Presentation Fundamentals |
| ENG1A02 | English II - Professional English | Common Course | 4 | Business Communication, Report Writing, Email Etiquette, Meeting Skills, Interview Preparation |
| BCMF1A01 | Second Language I (e.g., Hindi/Malayalam/Arabic) | Common Course | 4 | Basic Grammar, Reading Practice, Writing Simple Sentences, Comprehension, Cultural Context |
| BCMF1B01 | Business Management | Core Course | 4 | Principles of Management, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Management Functions |
| BCMF1C01 | Business Statistics | Complementary Course | 4 | Introduction to Statistics, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ENG2A03 | English III - Literature and Contemporary Issues | Common Course | 4 | Literary Forms and Genres, Social and Cultural Issues, Critical Reading, Textual Analysis, Media and Society |
| ENG2A04 | English IV - Academic Writing and Presentation | Common Course | 4 | Academic Essay Writing, Research Skills, Referencing and Citation, Public Speaking, Visual Aid Design |
| BCMF2A02 | Second Language II (e.g., Hindi/Malayalam/Arabic) | Common Course | 4 | Advanced Grammar, Literary Appreciation, Essay and Letter Writing, Translation Skills, Contemporary Literature |
| BCMF2B02 | Financial Accounting I | Core Course | 4 | Accounting Concepts and Principles, Journal and Ledger, Trial Balance, Preparation of Final Accounts, Rectification of Errors, Depreciation Accounting |
| BCMF2C02 | Marketing Management | Complementary Course | 4 | Marketing Concepts, Market Segmentation, Product Planning and Development, Pricing Strategies, Promotion and Distribution |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCMF3A03 | Second Language III (e.g., Hindi/Malayalam/Arabic) | Common Course | 4 | Creative Writing, Advanced Reading, Public Discourse, Language and Society, Literary Movements |
| BCMF3B03 | Financial Accounting II | Core Course | 4 | Partnership Accounts, Admission and Retirement of Partners, Company Accounts, Branch Accounts, Hire Purchase System |
| BCMF3B04 | Business Regulatory Framework | Core Course | 4 | Indian Contract Act 1872, Sale of Goods Act 1930, Negotiable Instruments Act 1881, Consumer Protection Act 2019, Cyber Laws and IT Act |
| BCMF3C03 | Quantitative Techniques for Business | Complementary Course | 4 | Linear Programming, Transportation Problems, Assignment Problems, Network Analysis (PERT/CPM), Decision Theory |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCMF4A04 | Second Language IV (e.g., Hindi/Malayalam/Arabic) | Common Course | 4 | Official Language Usage, Translation Practice, Advanced Communication, Cultural Nuances, Literary Criticism |
| BCMF4B05 | Corporate Accounting I | Core Course | 4 | Share Capital and Debentures, Redemption of Preference Shares, Buy-back of Shares, Final Accounts of Companies, Amalgamation and Absorption |
| BCMF4B06 | Income Tax Law and Practice | Core Course | 4 | Basic Concepts of Income Tax, Residential Status, Heads of Income, Deductions from Gross Total Income, Computation of Taxable Income, Assessment Procedures |
| BCMF4C04 | Financial Markets and Services | Complementary Course | 4 | Indian Financial System, Money Market Instruments, Capital Market Structure, Stock Exchanges and SEBI, Financial Services (e.g., Merchant Banking, Factoring) |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCMF5B07 | Corporate Accounting II | Core Course | 4 | Valuation of Shares and Goodwill, Consolidated Financial Statements, Accounting for Amalgamation, Internal Reconstruction, Indian Accounting Standards (Ind AS) |
| BCMF5B08 | Cost Accounting | Core Course | 4 | Cost Concepts and Classifications, Material and Labour Costing, Overhead Absorption, Job, Batch, and Contract Costing, Process Costing, Activity Based Costing |
| BCMF5B09 | Financial Management | Core Course | 4 | Financial Goals and Objectives, Capital Budgeting Decisions, Working Capital Management, Cost of Capital, Capital Structure Theories, Dividend Policy |
| BCMF5B10 | Auditing | Core Course | 4 | Introduction to Auditing, Audit Planning and Procedures, Internal Control System, Vouching and Verification, Audit Report and Certificates |
| BCMF5D01 | E-Commerce | Open Course (Example) | 3 | E-Commerce Models, Digital Payments and Security, Online Marketing Strategies, E-Business Infrastructure, M-Commerce and E-Governance |
| BCMF5B11 | Project and Viva Voce (Part 1) | Core Course | 4 | Research Methodology, Problem Formulation, Literature Review, Data Collection Techniques, Report Structure |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| BCMF6B12 | Management Accounting | Core Course | 4 | Nature and Scope of Management Accounting, Fund Flow Statement, Cash Flow Statement, Ratio Analysis for Decision Making, Budgetary Control, Standard Costing |
| BCMF6B13 | Goods and Services Tax (GST) | Core Course | 4 | Introduction to GST Law, Levy and Collection of GST, Input Tax Credit, Registration and Returns, Customs Act Overview |
| BCMF6B14 | Banking and Insurance | Core Course | 4 | Indian Banking System, Commercial Banks and RBI, E-Banking Services, Principles of Insurance, Life and General Insurance, IRDAI and Regulations |
| BCMF6E01 | Investment Management | Elective Course (Finance Stream) | 4 | Investment Avenues, Risk and Return Analysis, Portfolio Management, Fundamental Analysis, Technical Analysis, Mutual Funds |
| BCMF6E02 | Financial Derivatives | Elective Course (Finance Stream) | 4 | Introduction to Derivatives, Forwards and Futures Contracts, Options and Swaps, Pricing of Derivatives, Hedging Strategies, Speculation and Arbitrage |
| BCMF6E03 | International Finance | Elective Course (Finance Stream) | 4 | International Monetary System, Balance of Payments, Foreign Exchange Market, Exchange Rate Theories, International Capital Markets, Multinational Financial Management |
| BCMF6B11 | Project and Viva Voce (Part 2) | Core Course (Culmination) | 0 | Data Analysis and Interpretation, Report Writing and Formatting, Presentation of Findings, Viva Voce Examination, Ethical Research Practices |
