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B-COM-PROFESSIONAL-ACCOUNTING in General at Thiagarajar College, Madurai
Madurai, Tamil Nadu
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About the Specialization
What is General at Thiagarajar College, Madurai Madurai?
This B.Com Professional Accounting program at Thiagarajar College focuses on equipping students with advanced accounting principles, taxation laws, auditing practices, and corporate finance. It is designed to meet the growing demand for skilled professionals in India''''s dynamic accounting and finance sectors, providing a strong foundation for both professional certifications and corporate roles. The curriculum is meticulously crafted to align with industry standards.
Who Should Apply?
This program is ideal for higher secondary graduates passionate about finance and accounting, aspiring to careers as Chartered Accountants (CAs), Company Secretaries (CS), or Certified Management Accountants (CMAs). It also suits those seeking entry-level roles in financial analysis, taxation, or auditing departments across various Indian companies. Strong analytical aptitude and a keen interest in business regulations are beneficial prerequisites.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as Junior Accountants, Tax Consultants, Audit Assistants, or Financial Analysts. Entry-level salaries typically range from INR 2.5 LPA to 4.5 LPA, with significant growth potential up to INR 8-15 LPA with experience and professional qualifications. The program directly prepares students for professional accounting exams and offers pathways to leadership roles in finance.
Student Success Practices
Foundation Stage
Master Core Accounting Principles- (Semester 1-2)
Dedicate significant time to understanding fundamental accounting concepts, ledger entries, and final account preparation. Utilize textbooks thoroughly and practice problems from previous year question papers. Join study groups to discuss complex topics and clarify doubts early on.
Tools & Resources
Textbooks, Previous Year Question Papers, Accounting software tutorials (e.g., Tally.ERP 9 basics), Peer study groups
Career Connection
A strong foundation in financial accounting is critical for all subsequent subjects and forms the bedrock for professional certifications like CA or CMA, directly impacting success in entry-level accounting roles.
Build Communication and Legal Acumen- (Semester 1-2)
Actively participate in English language and communication skill development sessions. Pay close attention to Business Law and Corporate Law, understanding legal terminology and case studies. Engage in debates and presentations to enhance articulation and critical thinking.
Tools & Resources
English language labs, Legal case study discussions, Presentation tools (PowerPoint), Group discussions
Career Connection
Effective communication and a solid understanding of business law are indispensable for client interactions, audit reporting, and compliance roles in corporate environments.
Develop Digital Proficiency- (Semester 1-2)
Actively engage with Value Added Courses like Digital Marketing and Tally ERP 9. Complete practical assignments and explore advanced features of accounting software beyond the curriculum. Seek online tutorials to supplement classroom learning.
Tools & Resources
Tally.ERP 9 software, Digital Marketing platforms (e.g., Google Ads, Meta Business Suite), Online tutorials (YouTube, Udemy)
Career Connection
Proficiency in Tally and digital tools is highly valued in the Indian job market for accounting and finance, making graduates immediately employable and efficient in modern business operations.
Intermediate Stage
Intensive Costing and Taxation Practice- (Semester 3-4)
Focus intensely on Cost Accounting, GST, and Income Tax Law. Solve a wide variety of practical problems and case studies. Stay updated with recent amendments in tax laws by reading relevant journals and government notifications.
Tools & Resources
Taxmann publications, ICAI study material for tax updates, Online tax portals (e.g., GSTN, Income Tax India), Advanced problem sets
Career Connection
Expertise in costing and taxation is crucial for roles as tax consultants, cost accountants, and audit professionals, which are in high demand across Indian industries.
Engage in Industry-Relevant Workshops and Internships- (Semester 3-4)
Actively seek workshops on financial modeling, advanced Excel for finance, and quantitative techniques. Look for short-term internships or virtual internships with local accounting firms, banks, or corporate finance departments to gain practical exposure.
Tools & Resources
NPTEL courses, Coursera/edX for specialized finance courses, Local CA firms, Banks, MSME companies for internships
Career Connection
Practical exposure through internships builds real-world skills, enhances your resume, and provides networking opportunities vital for securing placements in competitive Indian financial markets.
Participate in Commerce Competitions- (Semester 3-4)
Form teams and participate in inter-collegiate commerce fests, business quizzes, and case study competitions. This helps in applying theoretical knowledge, enhancing teamwork, and improving problem-solving abilities under pressure.
Tools & Resources
Business magazines (e.g., Business Standard, Economic Times), Case study resources, College Commerce Associations
Career Connection
Winning or even participating in such competitions demonstrates initiative, analytical skills, and leadership potential, making you a more attractive candidate for leading Indian companies.
Advanced Stage
Undertake a Comprehensive Project- (Semester 5-6)
Select a challenging project in a domain like Advanced Accounting, Auditing, or International Accounting. Conduct thorough research, gather primary/secondary data, and prepare a professional report. Focus on real-world problems faced by Indian businesses.
Tools & Resources
Research journals, Industry reports, Statistical software (e.g., SPSS, R), Mentorship from faculty and industry professionals
Career Connection
A well-executed project demonstrates independent research capabilities, analytical prowess, and industry-specific knowledge, which are highly valued by recruiters for core accounting and finance roles.
Intensive Placement and Professional Certification Preparation- (Semester 5-6)
Start rigorous preparation for campus placements, focusing on aptitude tests, group discussions, and mock interviews. Simultaneously, begin preparing for professional certifications (e.g., CA Foundation, ACCA, CMA) if pursuing them, utilizing dedicated study materials.
Tools & Resources
Online aptitude test platforms, Interview preparation guides, Professional body study materials (ICAI, ACCA, IMA), Career guidance cells
Career Connection
Early and focused preparation significantly boosts chances of securing placements with reputable Indian companies and accelerates your journey towards becoming a certified accounting professional.
Network and Seek Mentorship- (Semester 5-6)
Attend industry seminars, webinars, and alumni events. Connect with professionals on LinkedIn and seek mentorship from faculty or senior professionals in your areas of interest. Understand current industry trends and future skill requirements.
Tools & Resources
LinkedIn, Professional networking events, College alumni network, Industry association meetings
Career Connection
Networking opens doors to hidden job opportunities, provides insights into industry expectations, and helps build a strong professional reputation crucial for long-term career growth in India''''s competitive job market.
Program Structure and Curriculum
Eligibility:
- A pass in Higher Secondary Examination (10+2) with Commerce or Accountancy as one of the subjects.
Duration: 3 years (6 semesters)
Credits: 140 Credits
Assessment: Internal: 25%, External: 75%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C22TL11 / C22HL11 / C22FL11 | Tamil / Other Language Paper I | Language I | 4 | Ancient and Medieval Literature, Modern Literature, Grammar and Usage, Communication Skills, Cultural Context |
| C22EN11 | English Paper I | Language II | 4 | Prose and Short Stories, Poetry Appreciation, Grammar and Composition, Vocabulary Building, Communication Strategies |
| C22PA11 | Financial Accounting – I | Core | 5 | Introduction to Accounting, Final Accounts of Sole Traders, Consignment Accounts, Joint Venture Accounts, Depreciation, Reserves and Provisions |
| C22PA12 | Business Law | Core | 5 | Indian Contract Act, 1872, Contract of Indemnity and Guarantee, Bailment and Pledge, Agency Contracts, Sale of Goods Act, 1930 |
| C22ES11 | Environmental Studies | Environmental Studies | 2 | Multidisciplinary Nature of Environmental Studies, Ecosystems, Biodiversity and its Conservation, Environmental Pollution, Human Population and Environment |
| C22VL11 | Digital Marketing | Value Added Course | 2 | Introduction to Digital Marketing, Search Engine Optimization (SEO), Social Media Marketing, Email Marketing, Content Marketing Strategy |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C22TL21 / C22HL21 / C22FL21 | Tamil / Other Language Paper II | Language I | 4 | Literary Forms and Genres, Grammatical Structures, Creative Writing, Reading Comprehension, Translation Skills |
| C22EN21 | English Paper II | Language II | 4 | Drama and Theatre, Fiction Analysis, Advanced Grammar, Essay Writing, Public Speaking |
| C22PA21 | Financial Accounting – II | Core | 5 | Partnership Accounts, Admission and Retirement of Partner, Dissolution of Partnership Firm, Branch Accounts, Departmental Accounts |
| C22PA22 | Corporate Law | Core | 5 | Introduction to Companies Act, 2013, Formation of Company, Share Capital and Debentures, Management and Administration, Meetings and Resolutions |
| C22ES21 | Human Rights | Environmental Studies | 2 | Concept and Evolution of Human Rights, Universal Declaration of Human Rights, Human Rights in India, International Human Rights Instruments, Role of NGOs and Civil Society |
| C22VL21 | Tally ERP 9 | Value Added Course | 2 | Introduction to Tally ERP 9, Company Creation and Configuration, Accounting Vouchers, Inventory Management, Payroll and Taxation Features |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C22PA31 | Cost Accounting | Core | 5 | Introduction to Cost Accounting, Material Costing, Labour Costing, Overhead Costing, Methods of Costing, Reconciliation of Cost and Financial Accounts |
| C22PA32 | Company Law | Core | 5 | Share Capital and Debentures, Company Administration and Management, Company Meetings and Resolutions, Dividend and Audit, Winding Up of Companies |
| C22PA33 | E-Commerce | Core | 4 | Introduction to E-Commerce, E-Commerce Business Models, Electronic Payment Systems, E-Security and Privacy, E-Marketing and Advertising |
| C22PAA31 | Managerial Economics | Allied | 4 | Introduction to Managerial Economics, Demand Analysis and Forecasting, Production and Cost Analysis, Pricing Decisions and Practices, Market Structures and Competition |
| C22SBS31 | Personal Skill Development | Skill Based Subject | 2 | Communication Skills, Interpersonal and Team Skills, Time Management and Goal Setting, Stress Management and Resilience, Interview and Presentation Skills |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C22PA41 | Advanced Accounting | Core | 5 | Accounting for Amalgamation and Absorption, Internal and External Reconstruction, Holding Company Accounts, Valuation of Goodwill and Shares, Accounts of Banking Companies |
| C22PA42 | Goods and Service Tax (GST) | Core | 5 | Introduction to GST in India, Supply Under GST, Input Tax Credit, Registration and Records under GST, Payment of Tax and Returns |
| C22PA43 | Banking and Financial Services | Core | 4 | Commercial Banking, Central Banking and RBI, Money Market, Capital Market, Financial Institutions and Services |
| C22PAA41 | Quantitative Techniques for Business | Allied | 4 | Measures of Central Tendency, Measures of Dispersion, Correlation and Regression Analysis, Index Numbers, Time Series Analysis |
| C22SBS41 | Office Automation | Skill Based Subject | 2 | MS Word for Document Creation, MS Excel for Data Analysis, MS PowerPoint for Presentations, MS Access for Database Management, Internet and Email Applications |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C22PA51 | Management Accounting | Core | 5 | Introduction to Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement |
| C22PA52 | Auditing | Core | 5 | Introduction to Auditing, Types of Audit, Audit Planning and Control, Vouching, Verification and Valuation of Assets and Liabilities |
| C22PA53 | Income Tax Law and Practice | Core | 5 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Computation of Income Under Various Heads, Deductions from Gross Total Income, Assessment of Individuals |
| C22PAE51 | Marketing Management | Elective | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Marketing Mix, Product and Pricing Decisions |
| C22PAE52 | Financial Markets and Institutions | Elective | 4 | Indian Financial System, Money Market, Capital Market, Financial Institutions, SEBI and Regulations |
| C22NME51 | Industrial Law | Non-Major Elective | 2 | Factories Act, 1948, Industrial Disputes Act, 1947, Trade Unions Act, 1926, Employee’s Compensation Act, 1923, Payment of Gratuity Act, 1972 |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| C22PA61 | Advanced Management Accounting | Core | 5 | Decision Making Techniques, Standard Costing, Variance Analysis, Marginal Costing, Budgetary Control |
| C22PA62 | International Accounting | Core | 5 | International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), Harmonization of Accounting Standards, Foreign Currency Translation, Accounting for Inflation |
| C22PA6P | Project Work | Project | 5 | Project Identification and Formulation, Research Methodology, Data Collection and Analysis, Report Writing and Documentation, Presentation and Viva Voce |
| C22PAE61 | Human Resource Management | Elective | 4 | Introduction to HRM, Human Resource Planning, Recruitment and Selection, Training and Development, Performance Appraisal |
| C22PA6E | Extension Activities | Extension Activities | 1 | Community Engagement Programs, Social Awareness Initiatives, Volunteer and Outreach Activities, Skill Transfer to Community, Event Organization |
