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M-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 Finance & Taxation program at St. Joseph''''s College, Devagiri focuses on equipping students with advanced knowledge and practical skills in financial management, investment strategies, and the intricate tax landscape of India. It delves into both corporate finance and the legal aspects of direct and indirect taxation, making it highly relevant to the evolving Indian financial and regulatory environment. The program aims to create professionals who can navigate complex financial decisions and ensure tax compliance effectively.
Who Should Apply?
This program is ideal for commerce graduates holding a B.Com, BBA, or BBM degree, seeking to specialize in the financial sector. It caters to fresh graduates aspiring for roles in corporate finance, investment banking, tax consultancy, and financial analysis. Additionally, it benefits working professionals in accounting or finance who wish to upskill, gain a deeper understanding of Indian taxation, and advance their careers in a dynamic financial ecosystem.
Why Choose This Course?
Graduates of this program can expect promising career paths in India as Financial Analysts, Tax Consultants, Investment Bankers, Portfolio Managers, or Corporate Finance Managers. Entry-level salaries typically range from INR 3-6 lakhs per annum, with experienced professionals earning significantly more, up to INR 10-20 lakhs or beyond. The curriculum also aligns well with professional certifications like CA, CMA, and NISM, offering a strong foundation for future professional growth in the Indian market.
Student Success Practices
Foundation Stage
Strengthen Core Business Fundamentals- (Semester 1-2)
Focus on mastering Managerial Economics, Organisational Theory, Quantitative Techniques, and Research Methodology. Participate in group discussions and case studies to understand real-world business scenarios.
Tools & Resources
Harvard Business Review cases, NPTEL courses on foundational subjects, Peer study groups
Career Connection
Builds a robust analytical and theoretical base essential for all advanced finance and taxation roles, improving critical thinking for management positions.
Develop Quantitative and Analytical Skills- (Semester 1-2)
Dedicate extra time to practice problems in Advanced Business Statistics and Quantitative Techniques. Utilize statistical software like Excel, R, or SPSS for data analysis, even if not explicitly taught in depth, to gain a practical edge.
Tools & Resources
Khan Academy, Coursera courses on data analysis, Statistical software tutorials
Career Connection
Crucial for financial modeling, market analysis, and interpreting financial data, highly valued by investment banks and financial analytics firms.
Engage in Early Financial Literature Review- (Semester 1-2)
Beyond textbooks, read financial news (Economic Times, Business Standard), watch business channels, and subscribe to reputable finance blogs. This helps connect theoretical concepts of Financial Markets and Institutions and Financial Management with current industry trends.
Tools & Resources
The Economic Times, Business Standard, Moneycontrol.com, Zerodha Varsity
Career Connection
Enhances market awareness and business acumen, making students more articulate in interviews and better prepared for roles in financial markets.
Intermediate Stage
Practical Application of Financial Concepts- (Semester 3)
Focus on applying concepts from Accounting for Managerial Decisions, International Finance, and Security Analysis. Attempt to analyze real company financial statements, build simple valuation models, and create hypothetical portfolios.
Tools & Resources
Publicly available company annual reports, NISM certification modules (e.g., Equity Derivatives, Equity Investment), Online stock market simulators
Career Connection
Develops practical skills for financial analysis, portfolio management, and corporate finance roles, making resume highly competitive.
Deep Dive into Indian Taxation- (Semester 3)
Thoroughly understand Income Tax - Law and Practice. Follow budget announcements and tax law amendments. Consider preparing mock tax returns for individuals or small businesses to solidify understanding.
Tools & Resources
Income Tax India official website, taxmann.com resources, CAclubindia.com
Career Connection
Essential for roles in tax consultancy, corporate compliance, and auditing firms in India, ensuring specialized expertise for a niche market.
Network and Explore Internship Opportunities- (Semester 3)
Attend webinars, industry talks, and workshops related to finance and taxation. Start building connections with professionals on LinkedIn. Actively search for short-term internships or projects to gain initial industry exposure.
Tools & Resources
LinkedIn, College placement cell, Industry events from professional bodies like ICAI or ICSI
Career Connection
Opens doors to practical experience, mentorship, and potential full-time roles, significantly boosting placement prospects.
Advanced Stage
Master Advanced Financial Tools and Regulations- (Semester 4)
Focus on understanding Financial Derivatives and Goods and Services Tax (GST) in depth. Explore case studies involving derivative strategies and GST compliance issues. Obtain relevant NISM certifications for derivatives.
Tools & Resources
NISM certifications (e.g., Equity Derivatives, Currency Derivatives), GST Council website, Advanced Excel for financial modeling
Career Connection
Provides specialized knowledge crucial for roles in risk management, treasury operations, and tax advisory, distinguishing graduates in the job market.
Undertake a Comprehensive Project & Viva Voce- (Semester 4)
Choose a relevant and impactful research topic for the project. Ensure rigorous methodology, data analysis, and clear reporting. Practice presentation and defense of the project to faculty and peers.
Tools & Resources
Academic journals (e.g., IJMRA), Statistical software (SPSS/R/Python), Presentation tools like PowerPoint
Career Connection
Showcases independent research capabilities, analytical prowess, and communication skills, vital for research-oriented roles or higher studies.
Intensive Placement Preparation & Mock Interviews- (Semester 4)
Actively participate in campus placement drives. Prepare a strong resume highlighting projects, skills, and certifications. Practice aptitude tests, group discussions, and mock interviews tailored for finance and taxation roles with the career services cell or mentors.
Tools & Resources
Online aptitude test platforms (e.g., IndiaBix), Interview preparation guides, College placement office resources
Career Connection
Maximizes chances of securing desired job roles in leading financial institutions, tax firms, and corporations in India immediately after graduation.
Program Structure and Curriculum
Eligibility:
- B.Com/BBA/BBM with 45% marks or equivalent degree from a recognized university, as per University of Calicut regulations.
Duration: 4 semesters / 2 years
Credits: 80 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM1C01 | Managerial Economics | Core | 4 | Demand and Supply Analysis, Production and Cost Analysis, Market Structures and Pricing Decisions, Macroeconomic Variables and Policies, Business Cycles and Inflation |
| COM1C02 | Organisational Theory and Behaviour | Core | 4 | Foundations of Organisational Behaviour, Individual Behaviour (Personality, Perception, Learning), Motivation Theories, Group Dynamics and Teamwork, Leadership and Power |
| COM1C03 | Quantitative Techniques for Business Decisions | Core | 4 | Probability and Probability Distributions, Sampling and Estimation, Hypothesis Testing (Parametric and Non-parametric), Correlation and Regression Analysis, Decision Theory |
| COM1C04 | Advanced Business Statistics | Core | 4 | Index Numbers, Time Series Analysis, Statistical Quality Control, Association of Attributes, ANOVA |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM2C05 | Research Methodology | Core | 4 | Research Design, Methods of Data Collection, Sampling Techniques, Data Analysis and Interpretation, Report Writing and Research Ethics |
| COM2C06 | Human Resource Management | Core | 4 | HR Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Appraisal, Compensation Management |
| COM2C07 | Financial Management | Core | 4 | Capital Budgeting Decisions, Working Capital Management, Cost of Capital, Capital Structure Theories, Dividend Policy |
| COM2C08 | Financial Markets and Institutions | Core | 4 | Indian Financial System, Money Market, Capital Market (Primary & Secondary), Financial Services (Merchant Banking, Leasing), Regulatory Framework (SEBI, RBI) |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM3C09 | Accounting for Managerial Decisions | Core | 4 | Financial Statement Analysis, Fund Flow and Cash Flow Statements, Ratio Analysis, Budgetary Control, Standard Costing and Variance Analysis |
| COM3E01 | International Finance | Elective (Finance & Taxation) | 4 | Balance of Payments, Foreign Exchange Market and Exchange Rates, International Parity Relationships, International Investment Decisions, Managing Foreign Exchange Exposure |
| COM3E02 | Security Analysis and Portfolio Management | Elective (Finance & Taxation) | 4 | Investment Environment and Securities, Fundamental Analysis (Economic, Industry, Company), Technical Analysis, Portfolio Theory and Diversification, Portfolio Performance Evaluation |
| COM3E03 | Income Tax - Law and Practice | Elective (Finance & Taxation) | 4 | Basic Concepts of Income Tax, Heads of Income (Salaries, House Property), Profits and Gains of Business or Profession, Capital Gains and Income from Other Sources, Deductions from Gross Total Income and Assessment Procedure |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM4C10 | Strategic Management | Core | 4 | Concept and Process of Strategic Management, Strategic Analysis and Formulation, Strategy Implementation, Strategic Control and Evaluation, Corporate Governance and Ethics |
| COM4E04 | Financial Derivatives | Elective (Finance & Taxation) | 4 | Introduction to Derivatives (Forwards, Futures), Options (Call & Put, Payoffs, Hedging), Swaps (Interest Rate, Currency), Derivatives Market Strategies, Risk Management with Derivatives |
| COM4E05 | Goods and Services Tax (GST) - Law and Practice | Elective (Finance & Taxation) | 4 | Introduction to GST in India, Concept of Supply and Place of Supply, Time and Value of Supply, Input Tax Credit, Registration, Returns, and Payment under GST |
| COM4PR | Project and Viva Voce | Project | 4 | Research Problem Identification, Literature Review and Methodology Design, Data Collection and Analysis, Report Writing and Presentation, Viva Voce Examination |
