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M-COM 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 M.Com. program with a specialization in Finance and Taxation at St. Joseph''''s College, Kozhikode, focuses on developing advanced expertise in financial markets, corporate finance, and the intricate world of Indian taxation. The curriculum is designed to meet the growing demand for skilled professionals who can navigate complex financial regulations and tax landscapes in the dynamic Indian economy. This program differentiates itself by providing a robust blend of theoretical knowledge and practical application, preparing students for real-world challenges.
Who Should Apply?
This program is ideal for commerce graduates (B.Com, BBA, BBM) seeking to deepen their understanding of finance and taxation. It caters to fresh graduates aspiring for roles in financial institutions, corporate finance departments, or tax consultancy firms. Working professionals looking to upskill in areas like GST, Direct Tax, or International Finance will also find this program highly beneficial for career advancement. A strong foundation in accounting and economics is a prerequisite for success.
Why Choose This Course?
Graduates of this program can expect to pursue rewarding career paths as Financial Analysts, Tax Consultants, Investment Bankers, GST Practitioners, or Corporate Accountants in India. Entry-level salaries typically range from INR 3.5 to 6 LPA, with experienced professionals earning significantly more. The program aligns with professional certifications like CFA or NISM for finance roles and provides a solid base for advanced tax practitioner certifications, fostering strong growth trajectories in leading Indian companies and MNCs operating in India.
Student Success Practices
Foundation Stage
Master Core Management and Accounting Principles- (Semester 1-2)
Dedicate significant time to understanding foundational subjects like Advanced Corporate Accounting, Management Concepts, and Quantitative Techniques. Form study groups to discuss complex topics and solve problems collaboratively. Utilize online resources like NPTEL lectures for deeper insights into core concepts.
Tools & Resources
Textbooks, NPTEL, Accounting software tutorials, Peer study groups
Career Connection
A strong grasp of fundamentals is crucial for passing competitive exams, excel in interviews for entry-level finance and accounting roles, and building a robust professional base.
Develop Strong Quantitative and Analytical Skills- (Semester 1-2)
Actively practice problems in Quantitative Techniques and Operations Research. Participate in mathematical competitions or quizzes, even internal ones, to sharpen analytical thinking. Learn to use statistical software (e.g., MS Excel, R basics) for data analysis relevant to business decisions.
Tools & Resources
MS Excel, R (basic tutorials), Quantitative Aptitude books, Online problem-solving platforms
Career Connection
Enhances decision-making capabilities, crucial for roles in financial analysis, market research, and strategic planning in Indian businesses.
Initiate Research Aptitude and Literature Review- (Semester 1-2)
Start building research skills early by critically reviewing academic papers and business reports related to your core subjects. Identify potential areas of interest for your future project. Understand how to synthesize information and construct a logical argument.
Tools & Resources
JSTOR, Google Scholar, Research Gate, College Library Database
Career Connection
Prepares for the final semester project, develops critical thinking, and is valuable for roles requiring market intelligence or academic pursuits.
Intermediate Stage
Deep Dive into Finance and Taxation Electives- (Semester 3)
Focus intensely on your chosen specialization electives like Capital Market, Financial Services, and Advanced Cost & Management Accounting. Attend workshops and guest lectures by industry experts to gain practical perspectives on Indian financial regulations and taxation policies.
Tools & Resources
Financial newspapers (e.g., Economic Times), SEBI regulations, Taxmann publications, Industry webinars
Career Connection
Builds specialized knowledge essential for roles in finance, investment banking, and taxation, distinguishing you in the Indian job market.
Engage with Real-world Financial Case Studies- (Semester 3)
Actively participate in case study analyses provided in class or found online, particularly those related to Indian companies and financial scenarios. Analyze real-time market trends and policy changes in India to understand their impact on businesses and investments.
Tools & Resources
Harvard Business Review (India cases), IIM Case Study Repository, Business news channels
Career Connection
Develops problem-solving skills, practical application of theory, and prepares for scenario-based interview questions common in the Indian finance sector.
Build a Professional Network through Workshops- (Semester 3)
Attend industry-specific seminars, conferences, and networking events organized by professional bodies or the college. Connect with alumni and professionals on platforms like LinkedIn to seek mentorship and internship opportunities in the financial and taxation sectors.
Tools & Resources
LinkedIn, Professional conferences (e.g., ICAI, ICSI events), Alumni network
Career Connection
Crucial for discovering hidden job opportunities, gaining industry insights, and securing internships or entry-level positions in India.
Advanced Stage
Excel in Project Work and Viva-Voce- (Semester 4)
Select a relevant and impactful research topic for your project, preferably aligned with current industry trends in finance or taxation. Work closely with your faculty guide, conduct thorough research, and prepare a compelling presentation for your viva-voce. Practice defending your research findings.
Tools & Resources
Statistical software (SPSS, R), Research databases, Presentation tools (PowerPoint)
Career Connection
Showcases independent research capabilities, analytical skills, and confidence – highly valued attributes for managerial and research roles.
Specialize in Direct and Indirect Taxation Practice- (Semester 4)
Deepen your understanding of Goods and Services Tax (GST) and Direct Tax Law and Practice by studying recent amendments, case laws, and practical filing procedures in India. Consider taking short-term certification courses on GST or Income Tax from recognized institutes.
Tools & Resources
Taxmann books, GST portal, Income Tax India website, Certification courses
Career Connection
Directly qualifies you for roles as a tax consultant, GST practitioner, or tax auditor, which are in high demand across Indian industries.
Prepare for Placements and Professional Certifications- (Semester 4)
Start preparing for campus placements by refining your resume, practicing aptitude tests, and mock interviews. Explore and initiate preparation for relevant professional certifications such as NISM (for capital markets) or other taxation-focused programs to boost your employability.
Tools & Resources
Placement cell, Online aptitude test platforms, NISM workbooks, Mock interview sessions
Career Connection
Ensures readiness for the job market, enhances your profile, and increases your chances of securing desirable placements in top Indian financial institutions and companies.
Program Structure and Curriculum
Eligibility:
- B.Com/BBA/BBM with minimum 45% marks from University of Calicut or equivalent recognized university. SC/ST candidates are eligible for admission if they have minimum pass marks.
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 | Management Concepts and Organisational Behaviour | Core | 4 | Management Process, Planning and Decision Making, Organizing and Staffing, Directing and Controlling, Organisational Behaviour Concepts |
| COM1C02 | Quantitative Techniques for Business Decisions | Core | 4 | Linear Programming, Transportation and Assignment Problems, Network Analysis (CPM/PERT), Decision Theory, Game Theory |
| COM1C03 | Advanced Corporate Accounting | Core | 4 | Indian Accounting Standards, Amalgamation and Absorption, Internal Reconstruction, Valuation of Shares and Goodwill, Consolidated Financial Statements |
| COM1C04 | Business Environment and Policy | Core | 4 | Economic Environment, Legal Environment, Industrial Policy in India, Monetary and Fiscal Policy, Public Sector Enterprises |
| COM1C05 | Research Methodology | Core | 4 | Research Process, Research Design, Sampling Techniques, Data Collection Methods, Data Analysis and Interpretation |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM2C06 | Advanced Financial Management | Core | 4 | Investment Decisions, Financing Decisions, Dividend Decisions, Working Capital Management, Mergers and Acquisitions |
| COM2C07 | Business Ethics and Corporate Governance | Core | 4 | Ethical Theories, Corporate Social Responsibility, Corporate Governance Models, Stakeholder Management, Whistle-blowing |
| COM2C08 | Marketing Management | Core | 4 | Marketing Mix, Product Decisions, Pricing Strategies, Promotion Decisions, Channel Management, Digital Marketing |
| COM2C09 | Operations Research | Core | 4 | Queuing Theory, Simulation, Inventory Models, Replacement Models, Sequencing |
| COM2C10 | Strategic Management | Core | 4 | Strategic Planning Process, Environmental Analysis, Strategy Formulation, Strategy Implementation, Strategic Control |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM3C11 | Capital Market and Derivatives | Core | 4 | Indian Capital Market, Primary and Secondary Markets, SEBI Regulations, Derivatives Market Introduction, Futures and Options Contracts |
| COM3C12 | Financial Services | Core | 4 | Merchant Banking, Lease Financing, Hire Purchase, Factoring and Forfaiting, Venture Capital and Mutual Funds |
| COM3E01 | Advanced Cost and Management Accounting | Elective | 4 | Activity Based Costing, Lifecycle Costing, Target Costing, Transfer Pricing, Budgetary Control, Performance Measurement |
| COM3E02 | International Finance | Elective | 4 | Balance of Payments, Exchange Rate Theories, Foreign Exchange Market, International Parity Conditions, Currency Derivatives, International Project Appraisal |
| COM3E03 | Financial Derivatives and Risk Management | Elective | 4 | Forward and Futures Contracts, Options Contracts, Swaps, Risk Measurement Models, Hedging Strategies, Value at Risk (VaR) |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| COM4E04 | Goods and Services Tax | Elective | 4 | GST Law and Framework, Levy and Collection of GST, Input Tax Credit, Time and Value of Supply, Registration, Returns, and Refunds under GST |
| COM4E05 | Direct Tax Law and Practice | Elective | 4 | Income Tax Act, 1961, Residential Status and Tax Incidence, Heads of Income, Deductions from Gross Total Income, Assessment of Individuals, Tax Planning |
| COM4E06 | Customs and Foreign Trade Policy | Elective | 4 | Customs Act, 1962, Types of Duties, Valuation and Assessment, Warehousing and Baggage, Export-Import Policy of India, Special Economic Zones (SEZs) |
| COM4PR1 | Project | Project | 4 | Research Problem Formulation, Literature Review, Methodology Design, Data Collection and Analysis, Report Writing and Presentation |
| COM4VV1 | Viva-voce | Viva | 4 | Comprehensive knowledge of M.Com. curriculum, Defense of Project Work, Understanding of contemporary business and economic issues |
