.png&w=1920&q=75)
BACHELOR-OF-COMMERCE-HONOURS in Accountancy Finance at Tetso College
Dimapur, Nagaland
.png&w=1920&q=75)
About the Specialization
What is Accountancy & Finance at Tetso College Dimapur?
This Accountancy & Finance program at Tetso College focuses on providing a comprehensive understanding of financial principles, accounting practices, and their application in the modern business world, with a strong emphasis on the Indian context. It delves into corporate finance, taxation, auditing, and financial markets, preparing students for dynamic roles in the growing Indian economy. The curriculum is designed to meet the evolving demands of industry, blending theoretical knowledge with practical skills essential for financial management.
Who Should Apply?
This program is ideal for class 12th graduates from any stream who possess a keen interest in numbers, financial analysis, and a career in the accounting or finance sectors. It also suits individuals aspiring to pursue professional certifications like CA, CS, or CFA, offering a strong academic foundation. Students with strong analytical skills and an aptitude for problem-solving will thrive, preparing them for the rigours of financial decision-making.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as financial analysts, auditors, tax consultants, investment bankers, and corporate accountants. Entry-level salaries typically range from INR 3-6 lakhs per annum, with significant growth potential up to INR 15+ lakhs for experienced professionals. The curriculum also aligns well with requirements for professional examinations, enhancing career progression in Indian and multinational corporations.
Student Success Practices
Foundation Stage
Build a Strong Conceptual Base in Accounting & Economics- (Semester 1-2)
Focus on mastering the fundamental principles of financial accounting, business law, and macroeconomics. Utilize prescribed textbooks, supplementary online tutorials from platforms like Swayam or NPTEL, and participate actively in group study sessions. A solid theoretical foundation in these core areas is crucial for understanding advanced financial concepts and excelling in subsequent semesters and competitive examinations.
Tools & Resources
Prescribed textbooks, Swayam, NPTEL, Peer study groups
Career Connection
Mastering fundamentals builds confidence for advanced subjects and prepares for the conceptual questions in professional certification exams or entry-level finance assessments.
Develop Analytical and Quantitative Skills- (Semester 1-2)
Pay close attention to subjects like Business Statistics and actively apply concepts through practical exercises. Develop proficiency in spreadsheet software such as Microsoft Excel or Google Sheets for data organization and analysis. Participating in introductory data analysis workshops or online courses can further enhance problem-solving abilities, which are highly valued in various finance and accounting roles.
Tools & Resources
Microsoft Excel, Google Sheets, Online data analysis tutorials, College workshops
Career Connection
Strong analytical skills are indispensable for financial modeling, market analysis, and interpreting financial statements, directly impacting roles as financial analysts or data-driven accountants.
Enhance Communication and Professional English- (Semester 1-2)
Actively participate in English Language & Communication classes. Practice formal report writing, effective presentation skills, and professional email etiquette. Join college clubs for debates, public speaking, or literary activities to build confidence and refine verbal and written communication. Polished communication is vital for corporate interactions, client management, and effective teamwork in any professional setting.
Tools & Resources
College communication labs, Debate clubs, Public speaking societies, Professional writing guides
Career Connection
Effective communication is a soft skill critical for interviews, client presentations, and internal reporting, significantly improving employability and career progression in corporate environments.
Intermediate Stage
Practical Application of Tax & Cost Concepts- (Semesters 3-5)
Deep dive into Income Tax Law & Practice and Cost Accounting by solving numerous case studies and practical problems. Consider gaining familiarity with accounting software like Tally ERP 9, introduced in later semesters, through self-study or workshops to simulate real-world scenarios in tax filing and cost management. This hands-on experience is crucial for aspiring tax consultants or cost accountants.
Tools & Resources
Problem books on Income Tax & Costing, Tally ERP 9 (basic usage), Tax filing simulation exercises
Career Connection
Practical expertise in taxation and cost accounting directly translates to competence in roles such as tax preparer, cost analyst, or junior auditor, making graduates job-ready.
Seek Early Industry Exposure via Internships/Projects- (Semesters 3-5)
Actively look for short-term internships, even if unpaid, with local Chartered Accountants, financial advisors, or small businesses during semester breaks. Participate in college-led industry projects or simulations related to financial management. This exposure helps in understanding real-world challenges, observing professional practices, and starting to build a valuable professional network within the Indian business landscape.
Tools & Resources
College career services, Local CA firms, Small & Medium Enterprises (SMEs), LinkedIn
Career Connection
Early exposure provides practical insights, enhances resume credibility, and often leads to full-time opportunities or strong professional references, crucial for securing placements.
Engage in Financial Market Simulations & Competitions- (Semesters 3-5)
Explore online stock market simulation games (e.g., Moneybhai by Moneycontrol) or join college investment clubs. Participate in inter-college finance quizzes, case study competitions, or mock trading events. This helps in understanding investment strategies, risk management, and fosters a competitive spirit beneficial for careers in investment banking, portfolio management, and equity research in the Indian market.
Tools & Resources
Moneycontrol, NSE Academy virtual trading, College finance clubs, Case study competitions
Career Connection
Hands-on experience in financial markets demonstrates initiative and practical knowledge, making candidates attractive for roles in broking, investment management, and financial advisory.
Advanced Stage
Master Advanced Accounting & Financial Management Tools- (Semester 6)
Focus intensely on Corporate Accounting-II and Financial Markets & Institutions. Gain advanced proficiency in accounting software like Tally ERP 9 and explore enterprise resource planning (ERP) systems. Familiarize yourself with financial data analysis tools and basic financial modeling. This advanced knowledge is essential for corporate finance roles, advanced auditing, and for pursuing higher studies or professional certifications like CFA or CA in India.
Tools & Resources
Tally ERP 9 (advanced features), SAP/Oracle ERP basics (online courses), Financial modeling tutorials
Career Connection
Proficiency in advanced accounting and financial tools is a direct requirement for senior accounting roles, financial controllers, and investment banking positions, demonstrating immediate value to employers.
Intensive Placement Preparation & Networking- (Semester 6)
Actively participate in career counseling sessions and workshops offered by the college, focusing on resume building, interview skills, and group discussions. Network extensively with alumni, faculty, and industry professionals through LinkedIn and college career fairs. Prepare rigorously for company-specific aptitude tests and technical rounds, which are crucial for securing placements in top Indian financial institutions and corporates.
Tools & Resources
College career cell, LinkedIn, Alumni network, Mock interviews, Aptitude test platforms
Career Connection
Dedicated placement preparation increases the likelihood of securing desirable job offers, ensuring a smooth transition from academia to a professional career in India.
Specialized Skill Development for Career Niche- (Semester 6)
Based on individual career aspirations (e.g., audit, taxation, investment management), pursue relevant online certifications. Examples include NISM certifications for stock market professionals, advanced Tally certifications for accounting, or certifications in financial planning. Undertake a capstone project or advanced research in your chosen specialization to showcase deep expertise to potential employers and gain a competitive edge in the highly specialized Indian job market.
Tools & Resources
NISM certifications, Advanced Tally courses, Coursera/edX for specialized finance courses, Industry project opportunities
Career Connection
Specialized certifications and projects differentiate candidates, making them highly sought after for niche roles in areas like equity research, wealth management, or forensic accounting.
Program Structure and Curriculum
Eligibility:
- Passed Class 12th in any stream with a minimum of 45% marks in aggregate for general students and 40% for ST/SC students.
Duration: 3 years / 6 semesters
Credits: 144 Credits
Assessment: Internal: 30%, External: 70%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC-I | Environmental Studies | Ability Enhancement Compulsory Course | 2 | Multidisciplinary nature of environmental studies, Natural resources and associated problems, Ecosystems and their dynamics, Biodiversity and its conservation, Environmental pollution causes and control, Human population and environment |
| GE-1 | Principles of Macroeconomics | Generic Elective | 6 | Introduction to Macroeconomics, National Income Accounting, Determination of Output and Employment, Money, Banking and Inflation, Open Economy Macroeconomics |
| CC-1 | Financial Accounting-I | Core Course | 6 | Theoretical Framework of Accounting, Accounting Process (Journal, Ledger, Trial Balance), Business Income and Revenue Recognition, Accounting for Property, Plant and Equipment, Inventory Valuation Methods, Accounting for Not-for-Profit Organisations |
| CC-2 | Business Law | Core Course | 6 | Indian Contract Act, 1872, Sale of Goods Act, 1930, Limited Liability Partnership Act, 2008, Information Technology Act, 2000, Negotiable Instruments Act, 1881 |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| AECC-II | English Language & Communication | Ability Enhancement Compulsory Course | 2 | Theory of Communication, Reading Comprehension and Note-making, Writing Skills (Reports, Essays, Letters), Listening Skills and Public Speaking, Presentation Strategies |
| GE-2 | Business Statistics | Generic Elective | 6 | Statistical Data and Descriptive Statistics, Probability and Probability Distributions, Sampling and Statistical Inference, Index Numbers, Time Series Analysis |
| CC-3 | Corporate Accounting-I | Core Course | 6 | Accounting for Share Capital, Accounting for Debentures, Buy-Back of Shares, Underwriting of Shares and Debentures, Final Accounts of Companies |
| CC-4 | Corporate Law | Core Course | 6 | Introduction to Company Law (Companies Act, 2013), Company Management and Administration, Corporate Meetings, Dividends and Accounts, Audit and Winding up of Companies |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| GE-3 | Indian Economy | Generic Elective | 6 | Basic Issues in Economic Development of India, Sectoral Trends and Issues (Agriculture, Industry, Services), Economic Reforms since 1991, Rural Development, Poverty, Inequality, Unemployment, Infrastructure and Sustainable Development |
| CC-5 | Human Resource Management | Core Course | 6 | Introduction to Human Resource Management, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Appraisal and Compensation |
| CC-6 | Income Tax Law & Practice | Core Course | 6 | Basic Concepts of Income Tax Law, Residential Status and Tax Liability, Computation of Income under various Heads (Salaries, House Property), Profits and Gains from Business or Profession, Capital Gains, Income from Other Sources, Deductions, Computation of Total Income and Tax Payable |
| CC-7 | Management Principles & Applications | Core Course | 6 | Nature and Scope of Management, Planning: Concept, Process, Types, Organizing: Structure, Authority, Delegation, Staffing: Recruitment, Selection, Training, Directing: Motivation, Leadership, Communication, Controlling: Process, Techniques |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| GE-4 | Principles of Marketing | Generic Elective | 6 | Introduction to Marketing Concepts, Marketing Environment and Research, Consumer Behavior and Market Segmentation, Product Decisions and Product Life Cycle, Pricing, Promotion, and Distribution Decisions |
| CC-8 | Indirect Tax Laws | Core Course | 6 | Introduction to Goods and Services Tax (GST), Levy and Collection of GST, Time and Value of Supply, Input Tax Credit, Customs Law (Basic Concepts) |
| CC-9 | Auditing and Corporate Governance | Core Course | 6 | Introduction to Auditing, Audit Planning, Procedures and Internal Control, Vouching and Verification of Assets and Liabilities, Company Audit and Auditor''''s Report, Corporate Governance: Theory and Practices |
| CC-10 | Cost Accounting | Core Course | 6 | Introduction to Cost Accounting, Cost Ascertainment (Material, Labour, Overheads), Costing Methods (Job, Batch, Contract Costing), Process Costing, Reconciliation of Cost and Financial Accounts |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-11 | Financial Management | Core Course | 6 | Introduction to Financial Management, Capital Budgeting Decisions, Cost of Capital and Capital Structure Theories, Working Capital Management, Dividend Decisions |
| CC-12 | Fundamentals of Investment | Core Course | 6 | Investment Environment and Process, Risk and Return Analysis, Equity Analysis and Valuation, Debt Instruments, Mutual Funds and Derivatives |
| DSE-1 | Accounting for Business Decisions | Discipline Specific Elective (Accountancy & Finance) | 6 | Introduction to Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow and Cash Flow Statement, Budgetary Control |
| DSE-2 | International Business | Discipline Specific Elective (Accountancy & Finance) | 6 | Introduction to International Business, International Trade Theories, Global Financial System and Institutions, Foreign Exchange Management, International Marketing Decisions |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CC-13 | Banking & Insurance | Core Course | 6 | Introduction to Banking System, Commercial Banks and their Functions, Central Banking: RBI''''s Role and Functions, Principles of Insurance, Types of Insurance (Life, General) |
| CC-14 | Computerized Accounting System | Core Course | 6 | Computerized Accounting Systems: An Introduction, Tally ERP 9: Basic Accounting Entries, Electronic Banking and Payments, E-commerce Fundamentals, Data Security and Controls |
| DSE-3 | Corporate Accounting-II | Discipline Specific Elective (Accountancy & Finance) | 6 | Accounting for Amalgamation, Absorption and Reconstruction, Accounting for Holding and Subsidiary Companies, Valuation of Shares and Goodwill, Human Resource Accounting, Social Responsibility Accounting |
| DSE-4 | Financial Markets & Institutions | Discipline Specific Elective (Accountancy & Finance) | 6 | Indian Financial System, Money Market Instruments and Institutions, Capital Market (Primary and Secondary), Financial Intermediaries and Services, SEBI and Financial Market Reforms |
| SEC-1 | E-Commerce | Skill Enhancement Course (Example) | 4 | Introduction to E-Commerce, E-Commerce Business Models, E-Payment Systems, E-Security and Privacy, Legal and Ethical Issues in E-Commerce |
| SEC-2 | Training & Development | Skill Enhancement Course (Example) | 4 | Introduction to Training and Development, Training Needs Analysis, Training Methods and Techniques, Training Evaluation, Employee Development Strategies |
