.png&w=1920&q=75)
B-COM in Accounting Finance at Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology
Tiruvallur, Tamil Nadu
.png&w=1920&q=75)
About the Specialization
What is Accounting & Finance at Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology Tiruvallur?
This Accounting & Finance focused B.Com program at Vel Tech provides a strong foundation in commerce, with a particular emphasis on financial principles, accounting practices, and market dynamics crucial for the Indian economy. It is designed to equip students with comprehensive knowledge of financial reporting, taxation, auditing, and investment strategies, catering to the burgeoning demand in India''''s financial sector. The program integrates theoretical learning with practical applications, making graduates industry-ready.
Who Should Apply?
This program is ideal for fresh 10+2 graduates with a commerce background aspiring for a career in finance, banking, or accounting roles. It also suits individuals seeking a robust undergraduate degree to pursue professional certifications like CA, CS, or CMA in India. Aspiring entrepreneurs keen on understanding financial management and compliance for their ventures will find this curriculum highly beneficial, laying a solid groundwork for business acumen.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as accountants, financial analysts, tax consultants, auditors, and investment advisors. Entry-level salaries typically range from INR 2.5 Lakhs to 4.5 Lakhs per annum, with significant growth potential up to INR 8-15 Lakhs for experienced professionals in leading Indian companies and MNCs. The curriculum is aligned with prerequisites for various professional certifications, enhancing long-term career trajectories.
Student Success Practices
Foundation Stage
Master Core Accounting & Management Principles- (Semester 1-2)
Dedicate time to thoroughly understand fundamental concepts in Financial Accounting and Business Organization. Utilize textbook problems, online tutorials, and peer study groups to solidify basic knowledge. Actively participate in practical sessions for Tally ERP.9 to build initial software proficiency.
Tools & Resources
Vel Tech Library resources, NCERT Commerce books for reinforcement, Tally ERP.9 software practice, Peer study groups
Career Connection
A strong grasp of accounting basics and business principles is non-negotiable for any finance or accounting career, forming the bedrock for advanced subjects and professional certifications.
Develop Quantitative Skills in Business Statistics and Mathematics- (Semester 1-2)
Focus on developing strong analytical and problem-solving skills through Business Statistics and Mathematics. Practice numerical problems regularly and understand their application in business scenarios. Seek help from faculty during office hours for challenging concepts.
Tools & Resources
Textbook exercises, Khan Academy for basic math refreshers, Online practice problems for statistics
Career Connection
These skills are essential for financial modeling, market analysis, and economic forecasting, crucial for roles in financial analysis and investment.
Enhance Business Communication and Environmental Awareness- (Semester 1-2)
Actively work on improving English for Business Communication skills through presentations, group discussions, and report writing. Simultaneously, cultivate an understanding of environmental studies to appreciate sustainable business practices, aligning with contemporary corporate responsibility.
Tools & Resources
Toastmasters clubs (if available), departmental debate clubs, Online courses on business ethics and sustainability
Career Connection
Effective communication is vital for corporate roles, while environmental awareness is increasingly valued by Indian companies focused on ESG (Environmental, Social, Governance) factors.
Intermediate Stage
Gain Expertise in Corporate Accounting, Costing and Taxation- (Semester 3-4)
Deepen knowledge in Corporate Accounting, Cost Accounting, and Direct/Indirect Taxes. Engage in practical exercises, case studies, and software-based applications for tax filing. Consider pursuing introductory modules of CA/CMA courses simultaneously to enhance understanding.
Tools & Resources
Indian Accounting Standards (Ind AS) resources, Taxmann''''s guides, GSTN portal practice, Mock tax return filing software
Career Connection
This stage builds core competencies for roles in corporate finance, auditing, tax advisory, and management accounting, which are high-demand areas in India.
Explore Financial Markets and Laws through Practical Engagement- (Semester 3-4)
Actively follow Indian financial markets, news related to SEBI regulations, and company law amendments. Participate in mock stock trading competitions or virtual investment platforms. Attend workshops on financial market operations to gain practical insights beyond classroom theory.
Tools & Resources
NSE/BSE websites, Moneycontrol.com, The Economic Times, Virtual stock trading apps
Career Connection
Understanding capital markets and corporate law opens doors to investment banking, brokerage, and legal compliance roles in India''''s dynamic financial sector.
Develop Research and Entrepreneurial Mindset- (Semester 3-4)
Apply research methodologies to analyze business problems and market trends. Explore entrepreneurial ideas and develop mini business plans, leveraging knowledge from Entrepreneurship Development. Network with local entrepreneurs and participate in startup events.
Tools & Resources
Academic journals, research databases, Startup India portal, Local Chamber of Commerce events
Career Connection
Research skills are critical for strategic roles and higher studies, while an entrepreneurial mindset fosters innovation, valuable in both startups and established corporations.
Advanced Stage
Specialize through Electives and Advanced Financial Concepts- (Semester 5-6)
Carefully choose Discipline Specific Electives like Investment Analysis, Financial Derivatives, or Working Capital Management to align with career aspirations. Delve into advanced topics in Financial Management and Financial Reporting, understanding their strategic implications. Prepare for professional interviews by practicing complex financial scenarios.
Tools & Resources
CFA Level 1 preparatory material (for concepts), Financial modeling software (e.g., Excel for advanced functions), Mock interview platforms
Career Connection
Specialized knowledge enhances employability in specific financial domains and positions graduates for higher-level roles in portfolio management, treasury, and financial planning.
Engage in Project Work and Internships for Industry Readiness- (Semester 5-6)
Undertake a robust project work and complete a comprehensive internship in a relevant financial or accounting firm. Focus on applying classroom knowledge to real-world challenges, networking with professionals, and documenting experiences thoroughly for the final report and viva-voce.
Tools & Resources
LinkedIn for professional networking, Company career pages for internships, Mentors from industry
Career Connection
Internships are crucial for practical exposure, building a professional network, and often lead to pre-placement offers, significantly boosting career launch in India.
Prepare for Placements and Professional Certifications- (Semester 5-6)
Actively participate in campus placement drives, preparing resumes, cover letters, and practicing aptitude tests and group discussions. Simultaneously, begin structured preparation for professional certifications like CA final exams, CMA (India/US), or advanced NISM certifications to gain a competitive edge in the job market.
Tools & Resources
Vel Tech placement cell resources, Online aptitude test platforms, Professional body websites (ICAI, ICMAI, NISM)
Career Connection
This final stage directly translates academic learning into career opportunities, ensuring graduates are well-prepared for diverse roles in the Indian financial and accounting sectors.
Program Structure and Curriculum
Eligibility:
- Passed 10+2 examination with Commerce / Accountancy / Mathematics / Computer Science / Statistics / Business Studies as one of the subjects.
Duration: 3 years / 6 semesters
Credits: 154 Credits
Assessment: Internal: 50% (Continuous Assessment for Theory), 60% (Continuous Assessment for Practical/Project), External: 50% (End Semester Examination for Theory), 40% (End Semester Examination for Practical/Project)
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 22CSB101 | English for Business Communication | Ability Enhancement | 3 | Fundamentals of Communication, Grammar and Vocabulary, Business Correspondence, Report Writing, Presentation Skills, Interview Skills |
| 22CMB101 | Financial Accounting I | Core | 4 | Introduction to Accounting, Accounting Concepts and Conventions, Journal, Ledger, Trial Balance, Preparation of Final Accounts, Depreciation Accounting, Rectification of Errors |
| 22CMB102 | Business Organization and Management | Core | 4 | Nature of Business, Forms of Business Organization, Introduction to Management, Planning and Organizing, Directing and Controlling, Social Responsibility of Business |
| 22CMA101 | Business Statistics | Allied | 4 | Introduction to Statistics, Data Collection and Presentation, Measures of Central Tendency, Measures of Dispersion, Correlation and Regression, Index Numbers |
| 22CMB103 | Principles of Marketing | Core | 4 | Introduction to Marketing, Marketing Environment, Consumer Behavior, Market Segmentation, Product and Pricing Decisions, Promotion and Distribution |
| 22CMB104 | Indian Economy | Core | 4 | Basic Characteristics of Indian Economy, Sectoral Contribution, Population and Human Development, Agriculture Sector, Industrial Development, Economic Reforms |
| 22CMC101 | Computer Applications in Commerce | Core Practical | 2 | Fundamentals of Computers, MS Office Applications (Word, Excel), Data Analysis in Excel, Internet and E-Commerce Basics, Presentation Tools, Database Management Basics |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 22CMA201 | Environmental Studies | Ability Enhancement | 3 | Natural Resources, Ecosystems and Biodiversity, Environmental Pollution, Social Issues and the Environment, Environmental Ethics, Sustainable Development |
| 22CMB201 | Financial Accounting II | Core | 4 | Consignment Accounts, Joint Venture Accounts, Hire Purchase System, Installment Payment System, Branch Accounts, Departmental Accounts |
| 22CMB202 | Corporate Law | Core | 4 | Introduction to Company Law, Types of Companies, Memorandum and Articles of Association, Shares and Share Capital, Directors and Management, Meetings and Resolutions |
| 22CMA202 | Business Mathematics | Allied | 4 | Matrices and Determinants, Set Theory, Functions and their Applications, Financial Mathematics, Basic Calculus for Business, Linear Programming |
| 22CMB203 | Human Resource Management | Core | 4 | Introduction to HRM, HR Planning and Job Analysis, Recruitment and Selection, Training and Development, Performance Appraisal, Compensation and Benefits |
| 22CMB204 | Micro Economics | Core | 4 | Demand and Supply Analysis, Elasticity of Demand and Supply, Production Function, Cost and Revenue Concepts, Market Structures, Factor Pricing |
| 22CMC201 | Corporate Accounting Software | Practical | 2 | Introduction to Tally ERP.9, Company Creation and Configuration, Ledger and Group Creation, Voucher Entry (Purchase, Sales, Payment), Inventory Management, Generating Financial Reports |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 22CMB301 | Corporate Accounting I | Core | 4 | Accounting for Share Capital, Issue and Forfeiture of Shares, Debentures and their Redemption, Underwriting of Shares and Debentures, Profit Prior to Incorporation, Valuation of Goodwill and Shares |
| 22CMB302 | Cost Accounting | Core | 4 | Introduction to Cost Accounting, Cost Concepts and Classification, Material Costing, Labor Costing, Overhead Costing, Job, Batch and Contract Costing |
| 22CMB303 | Indirect Taxes | Core | 4 | Introduction to Indirect Taxes, Basic Concepts of GST, Levy and Collection of GST, Input Tax Credit, Time and Value of Supply, Registration and Returns under GST |
| 22CMB304 | Company Law | Core | 4 | Share Capital and Debentures, Charges and Registration, Management and Administration, Meetings of Board and General Body, Dividends and Accounts, Auditors and Winding Up |
| 22CMA301 | Entrepreneurship Development | Allied | 4 | Concept of Entrepreneurship, The Entrepreneurial Process, Feasibility Analysis, Business Plan Formulation, Sources of Finance, Sickness in Small Enterprises |
| 22CMB305 | Financial Market Operations | Core | 4 | Introduction to Financial Markets, Money Market Instruments, Capital Market Instruments, Primary Market Operations, Secondary Market Operations, SEBI and Market Regulations |
| 22CMC301 | Practical Indirect Taxes | Practical | 2 | GST Portal Navigation, GST Registration Process, Input Tax Credit Calculation, GST Return Filing Practice, E-way Bill Generation, TDS/TCS under GST |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 22CMB401 | Corporate Accounting II | Core | 4 | Amalgamation of Companies, Internal Reconstruction, External Reconstruction, Holding Company Accounts, Valuation of Shares and Goodwill, Liquidation of Companies |
| 22CMB402 | Management Accounting | Core | 4 | Introduction to Management Accounting, Financial Statement Analysis, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Budgetary Control |
| 22CMB403 | Income Tax Law and Practice | Core | 4 | Basic Concepts of Income Tax, Residential Status and Tax Incidence, Heads of Income (Salary, House Property), Profits and Gains of Business/Profession, Capital Gains and Other Sources, Clubbing, Set-off and Carry Forward, Deductions |
| 22CMB404 | Auditing and Corporate Governance | Core | 4 | Introduction to Auditing, Types of Audit, Audit Planning and Internal Control, Vouching and Verification, Audit Report, Corporate Governance Principles |
| 22CMA401 | Research Methodology | Allied | 4 | Introduction to Research, Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing |
| 22CMB405 | Retail Management | Core | 4 | Introduction to Retailing, Retail Formats, Retail Location Decisions, Merchandise Management, Retail Pricing, Retail Communication |
| 22CMC401 | Practical Income Tax | Practical | 2 | Computation of Income from Salary, Computation of Income from House Property, Computation of Business Income, Computation of Capital Gains, Filing of Income Tax Returns (ITR), TDS and Advance Tax Calculations |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 22CMB501 | Banking and Financial Services | Core | 4 | Indian Banking System, Commercial Banks and RBI, Types of Bank Accounts, E-Banking and Digital Payments, Non-Banking Financial Companies (NBFCs), Mutual Funds and Insurance |
| 22CMB502 | Capital Market Operations | Core | 4 | Primary Market Mechanisms, Secondary Market Trading, Stock Exchanges, Depositories and Custodians, Investment Banking, Role of SEBI |
| 22CMA501 | Financial Management | Allied | 4 | Introduction to Financial Management, Time Value of Money, Capital Budgeting Decisions, Cost of Capital, Capital Structure Theories, Working Capital Management |
| 22CMB503 | Office Automation | Core | 4 | Advanced MS Word Features, Advanced MS Excel Functions, Database Management with MS Access, Creating Professional Presentations (PowerPoint), Email and Internet Applications, Data Security and Cloud Storage |
| 22CMBXE1 | Investment Analysis and Portfolio Management (Elective I - example) | Discipline Specific Elective (DSE) | 4 | Investment Avenues, Risk and Return Analysis, Valuation of Equity and Debt, Portfolio Theory, Asset Allocation Strategies, Mutual Funds and Hedge Funds |
| 22CMBXE2 | Goods and Service Tax (Elective II - example) | Discipline Specific Elective (DSE) | 4 | GST Framework in India, Types of GST (CGST, SGST, IGST), Composition Scheme, Reverse Charge Mechanism, E-invoicing and E-way bill, GST Audit and Penalties |
| 22CMC501 | Project Work | Project | 2 | Problem Identification, Literature Review, Data Collection and Analysis, Report Writing, Presentation Skills, Viva-Voce Preparation |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| 22CMB601 | Management Information System | Core | 4 | Introduction to MIS, Information Systems for Business, Database Management Systems, Decision Support Systems, E-Commerce and ERP Systems, Security and Ethical Issues in MIS |
| 22CMB602 | International Business | Core | 4 | Nature of International Business, Theories of International Trade, Foreign Direct Investment, International Monetary System, Multinational Corporations, Global Business Environment |
| 22CMB603 | Financial Reporting | Core | 4 | Conceptual Framework of Financial Reporting, Indian Accounting Standards (Ind AS), Preparation of Consolidated Financial Statements, Segment Reporting, Related Party Disclosures, Corporate Social Responsibility Reporting |
| 22CMA601 | Marketing Management | Allied | 4 | Marketing Process, Product Life Cycle, New Product Development, Pricing Strategies, Integrated Marketing Communication, Digital Marketing |
| 22CMBXE3 | Financial Derivatives (Elective III - example) | Discipline Specific Elective (DSE) | 4 | Introduction to Derivatives, Forwards and Futures, Options Trading Strategies, Swaps, Hedging Techniques, Derivative Market Regulations |
| 22CMBXE4 | Working Capital Management (Elective IV - example) | Discipline Specific Elective (DSE) | 4 | Concepts of Working Capital, Working Capital Cycle, Management of Cash, Management of Receivables, Inventory Management Techniques, Financing Working Capital |
| 22CMC601 | Internship | Project | 2 | Industry Exposure, Application of Theoretical Knowledge, Professional Skill Development, Report Submission, Presentation of Findings, Networking Opportunities |
