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B-COM in Finance Taxation at Viswabrahmana College, Vechoochira
Pathanamthitta, Kerala
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About the Specialization
What is Finance & Taxation at Viswabrahmana College, Vechoochira Pathanamthitta?
This B.Com Finance & Taxation program at Viswabrahmana College focuses on equipping students with a robust understanding of financial principles, accounting practices, and the intricate world of Indian taxation. It delves into both theoretical knowledge and practical applications, preparing graduates for dynamic roles in the country’s rapidly evolving financial sector. The curriculum is meticulously designed to meet the demands of corporate finance, audit, and tax compliance, reflecting the contemporary needs of the Indian economy.
Who Should Apply?
This program is ideal for fresh Plus Two graduates from commerce streams seeking entry into financial services, accounting, and taxation roles. It also suits individuals with a keen interest in understanding India''''s financial ecosystem and tax laws. Aspirants aiming for professional certifications like CA, CS, or CMA can build a strong foundational knowledge. Furthermore, it benefits those looking to develop analytical skills crucial for financial decision-making in various business contexts.
Why Choose This Course?
Graduates of this program can expect diverse career paths in India, including roles as tax consultants, financial analysts, accountants, auditors, and investment advisors. Entry-level salaries typically range from INR 2.5 to 4.5 lakhs annually, with significant growth potential up to INR 8-15 lakhs or more for experienced professionals in mid-to-senior management. The program also aligns well with preparations for competitive exams in banking, insurance, and government sectors, fostering a strong foundation for professional advancement.
Student Success Practices
Foundation Stage
Build Strong Accounting & Legal Fundamentals- (Semester 1-2)
Focus on mastering core accounting principles and understanding foundational business laws (e.g., Contract Act, Sales of Goods Act). Engage actively in class discussions, solve numerical problems diligently, and refer to standard Indian textbooks by authors like M.C. Shukla, S.P. Jain, or P.C. Tulsian.
Tools & Resources
NCERT Commerce textbooks (Class 11 & 12), ICAI (Institute of Chartered Accountants of India) study materials for basic concepts, Online platforms like Coursera/edX for supplemental accounting courses
Career Connection
A strong grasp of fundamentals is critical for all finance and taxation roles, enabling students to excel in subsequent advanced subjects and professional examinations.
Develop Analytical & Communication Skills- (Semester 1-2)
Actively participate in presentations, debates, and group projects to enhance business communication. Practice data interpretation and problem-solving techniques from subjects like Business Statistics and Managerial Economics. Seek feedback on written reports and public speaking.
Tools & Resources
Toastmasters International (if available), College communication workshops, Online courses on business writing, Reading financial news from sources like The Economic Times and Business Standard
Career Connection
Effective communication and analytical thinking are essential for clear reporting, client interaction, and strategic financial decision-making in any corporate environment.
Explore Entry-Level Certifications- (Semester 1-2)
While pursuing the degree, consider exploring very basic certifications or introductory courses in MS Excel or Tally ERP 9 (a widely used accounting software in India) to gain practical software proficiency early on. These skills are highly valued for junior accounting and finance positions.
Tools & Resources
Official Tally Education partners, Online Excel tutorials (e.g., from Microsoft Learn, YouTube channels like ''''Excel with Ranjan'''')
Career Connection
Early software proficiency makes students more competitive for internships and entry-level jobs requiring immediate application of accounting software.
Intermediate Stage
Engage in Practical Accounting & Finance Projects- (Semester 3-5)
Seek opportunities for mini-projects related to cost accounting, financial statement analysis, or budget preparation. Use real-world company data (e.g., from annual reports of listed Indian companies) to apply theoretical knowledge from subjects like Accounting for Management and Corporate Accounting.
Tools & Resources
Company annual reports (BSE/NSE websites), Financial databases like Moneycontrol.com, Educational versions of accounting software
Career Connection
Practical application of concepts builds problem-solving skills and provides tangible experience, making students more attractive to employers for internships and specialized roles.
Network and Attend Industry Webinars- (Semester 3-5)
Start building professional connections by attending finance and taxation webinars, seminars, and workshops organized by professional bodies (e.g., ICAI, ICSI, CMA India chapters) or local industry associations. Engage with speakers and fellow students.
Tools & Resources
LinkedIn for professional networking, Eventbrite.com, Websites of professional accounting bodies, College career counseling events
Career Connection
Networking opens doors to mentorship, internship opportunities, and insights into industry trends, crucial for career planning and advancement in India.
Specialize with Electives & Online Courses- (Semester 5)
Choose electives wisely based on career interests (e.g., International Finance for global careers, Investment Science for financial markets). Supplement with advanced online courses in areas like financial modeling, advanced Excel for finance, or introductory taxation laws beyond the curriculum.
Tools & Resources
NPTEL (National Programme on Technology Enhanced Learning), Swayam, Certifications from NSE Academy or NISM (National Institute of Securities Markets) for market-related skills
Career Connection
Deeper specialization enhances expertise, making students highly desirable for niche roles in finance, investment banking, or taxation advisory.
Advanced Stage
Master Taxation & Audit Compliance- (Semester 6)
Focus intensely on Income Tax, GST, and Auditing subjects. Practice solving complex case studies related to tax computation, filing, and audit procedures. Stay updated with recent amendments to Indian tax laws and regulatory frameworks.
Tools & Resources
Income Tax Department portal, GSTN portal, Professional tax journals, Tax software demonstrations, Mock exams for professional certifications
Career Connection
Expertise in Indian taxation and auditing is a direct path to roles in tax advisory, audit firms, and corporate compliance departments, offering high demand in India.
Develop Advanced Financial Skills & Portfolio Management- (Semester 6)
Apply knowledge from Portfolio Management and Financial Reporting and Analysis by creating hypothetical investment portfolios or analyzing real company financial statements. Practice valuation techniques and risk assessment.
Tools & Resources
Virtual stock trading platforms, Financial modeling templates, Bloomberg Terminal (if college provides access), Advanced Excel for financial analysis
Career Connection
These skills are vital for roles in wealth management, investment analysis, equity research, and corporate finance, highly valued in India''''s growing financial markets.
Excel in Capstone Project & Placement Preparation- (Semester 6)
Dedicate significant effort to the final project, ensuring it is well-researched and practically relevant. Simultaneously, engage in intensive placement preparation including resume building, mock interviews, aptitude tests, and group discussions focusing on finance and taxation concepts.
Tools & Resources
College placement cell, Career counselors, Online aptitude test platforms (e.g., Indiabix), LinkedIn profile optimization, Professional resume services
Career Connection
A strong project demonstrates capabilities, and thorough placement preparation significantly improves the chances of securing desirable job offers in leading companies.
Program Structure and Curriculum
Eligibility:
- A candidate who has passed the Plus Two or equivalent examination is eligible for admission.
Duration: 6 semesters / 3 years
Credits: 122 Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN1CCT01 | Financial Accounting (Common Course English) | Common Course | 4 | Introduction to Financial Accounting, Accounting Concepts and Principles, Accounting Process, Subsidiary Books, Final Accounts |
| ML1CMT01 | Language Other Than English (Additional Language) | Common Course | 4 | General Language Skills, Grammar and Usage, Comprehension and Writing, Literary Appreciation, Cultural Aspects of Language |
| CO1CRT01 | Business Regulatory Framework | Core Course | 4 | Indian Contract Act 1872, Sales of Goods Act 1930, Negotiable Instruments Act 1881, Consumer Protection Act 1986, Competition Act 2002 |
| CO1CRT02 | Managerial Economics | Core Course | 4 | Basic Economic Problems, Demand Analysis, Production Analysis, Cost Analysis, Market Structures |
| CO1CRT03 | Business Statistics | Core Course | 4 | Introduction to Statistics, Measures of Central Tendency, Measures of Dispersion, Correlation Analysis, Regression Analysis |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN2CCT02 | Business Communication (Common Course English) | Common Course | 4 | Communication Process, Oral Communication, Written Communication, Business Correspondence, Report Writing |
| ML2CMT02 | Language Other Than English (Additional Language) | Common Course | 4 | Advanced Language Skills, Translation Techniques, Technical Writing, Public Speaking, Cultural Nuances in Communication |
| CO2CRT04 | Corporate Accounting | Core Course | 4 | Share Capital, Debentures, Redemption of Debentures, Final Accounts of Companies, Amalgamation |
| CO2CRT05 | Financial Management | Core Course | 4 | Nature of Financial Management, Capital Budgeting, Cost of Capital, Working Capital Management, Dividend Policy |
| CO2CRT06 | Marketing Management | Core Course | 4 | Introduction to Marketing, Product Decisions, Pricing Decisions, Promotion Decisions, Distribution Decisions |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN3CCT03 | Entrepreneurship Development (Common Course English) | Common Course | 4 | Concept of Entrepreneurship, Entrepreneurial Process, Business Idea Generation, Project Formulation, Institutional Support |
| CO3CRT07 | Accounting for Management | Core Course | 4 | Management Accounting Introduction, Ratio Analysis, Fund Flow Statement, Cash Flow Statement, Budgetary Control |
| CO3CRT08 | Corporate Regulatory Framework | Core Course | 4 | Companies Act 2013, LLP Act 2008, SEBI Act 1992, FEMA 1999, Competition Law |
| CO3CRT09 | Quantitative Techniques for Business | Core Course | 4 | Linear Programming, Transportation Problem, Assignment Problem, Network Analysis, Decision Theory |
| CO3CMT01 | E-Commerce | Complementary Course | 4 | Introduction to E-commerce, E-commerce Business Models, Payment Systems, Online Security and Privacy, E-marketing |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| EN4CCT04 | Environmental Studies & Human Rights (Common Course English) | Common Course | 4 | Ecosystems, Biodiversity and Conservation, Environmental Pollution, Social Issues and the Environment, Human Rights |
| CO4CRT10 | Cost Accounting | Core Course | 4 | Cost Concepts and Classification, Material Costing, Labour Costing, Overhead Costing, Job and Batch Costing |
| CO4CRT11 | Capital Market and Investment Management | Core Course | 4 | Indian Financial System, Primary Market, Secondary Market, Stock Exchanges, Investment Avenues |
| CO4CRT12 | Research Methodology | Core Course | 4 | Research Design, Data Collection Methods, Sampling Techniques, Data Analysis and Interpretation, Report Writing |
| CO4CMT02 | Advertisement & Salesmanship | Complementary Course | 4 | Role of Advertising, Advertising Media, Sales Promotion, Personal Selling, Sales Force Management |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO5CRT13 | Advanced Corporate Accounting | Core Course | 4 | Internal Reconstruction, External Reconstruction, Liquidation of Companies, Consolidated Financial Statements, Indian Accounting Standards |
| CO5CRT14 | Principles of Income Tax | Core Course | 4 | Basic Concepts of Income Tax, Residential Status, Income from Salary, Income from House Property, Profits and Gains of Business or Profession |
| CO5CRT15 | Auditing | Core Course | 4 | Introduction to Auditing, Types of Audit, Audit Planning and Procedures, Vouching and Verification, Audit Report |
| CO5CRT16 | Financial Markets and Services | Core Course | 4 | Money Market, Capital Market, Financial Instruments, Financial Services, Regulatory Bodies |
| CO5ELT01 | International Finance | Elective Course | 4 | Balance of Payments, Foreign Exchange Market, Exchange Rate Theories, International Parity Relationships, International Investment Decisions |
| CO5PRT01 | Project Report | Project | 2 | Research Problem Identification, Literature Review, Methodology and Data Collection, Data Analysis and Findings, Report Writing and Presentation |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| CO6CRT17 | Advanced Income Tax | Core Course | 4 | Capital Gains, Income from Other Sources, Clubbing of Income, Set-off and Carry Forward of Losses, Assessment of Individuals |
| CO6CRT18 | GST and Customs Duty | Core Course | 4 | Introduction to GST, Supply under GST, Input Tax Credit, GST Procedure and Documentation, Customs Duty |
| CO6CRT19 | Portfolio Management | Core Course | 4 | Investment Process, Risk and Return, Portfolio Theory, Asset Allocation, Portfolio Performance Evaluation |
| CO6CRT20 | Financial Reporting and Analysis | Core Course | 4 | Financial Statement Analysis, Ratio Analysis, Cash Flow Analysis, Valuation Methods, Corporate Governance and Ethics |
| CO6ELT02 | Investment Science | Elective Course | 4 | Investment Environment, Fixed Income Securities, Equity Valuation, Mutual Funds and ETFs, Behavioral Finance |
