Course Duration : 3 years(6 Semesters)
Eligibility:
The Following Students are eligible to get admission in B.Com. 1st Year.
1. Student should have Passed +2 examination of PSEB or any other examination recognized as equivalent thereto with at least.
(a) 40% marks in aggregate in case of students who have passed+2 commerce group.
(b) 45% marks in aggregate in case of students who have passed +2 humanities group with at least two subjects out of commerce / accounts/ math / economics/ management papers.
(c) 50% marks in aggregate in case of students who have passed +2 not covered under (a) & (b) category.
Number of Seats: 4 Units
Career Prospects:
This course offers wide range of career options in the field of Banking, Insurance Companies, as a Tax Advisors, Service in Public and Private undertakings. Student can participate in any competitive exam and above all this course helps in to become Entrepreneur.
PROGRAMME SPECIFIC OUTCOME
Bachelor of Commerce (B.Com) course:
PSO1:To equip students with professional skills, ethical values, team-spirit to accept the challenges ahead.
PSO2:To cater to the manpower needs of companies in Accounting, Taxation, Business Laws, Auditing, Financial analysis and Management.
PSO3:To conceive the ideas on entrepreneurship and develop the skills for setting up and management of business.
PSO4:To enrich communication, ethical values, team work, professional and leadership skill sets of students.
PSO5:To enable students to take effective decisions at personal as well as professional level.
CO1.MANAGEMENT ACCOUNTING: After completion of this course students will learn about meaning, scope, function, role, utility and tools of management accounting. They will also learn about financial statements and their analysis, fund flow statements, cash flow statements and ratio analysis.
CO2.COST ACCOUNTING:
After completion of this course students will learn about meaning, functions, objectives, importance of cost accounting and its installation. Further students will learn about accounting for materials, accounting for labour and accounting for overheads.
CO3. INDIRECT TAXES:
This course will help the students to know about goods and services tax, registration procedure, amendments, levy, collection and GST portal. The students will also understand about the input tax credit, e-way bill offence, penalties and appeals under GST. Further they will have the knowledge of customs acts as well.
CO4.AUDITING:
After completion of this course students will learn about objectives and procedures of audit. They will also learn about appointment, removal, remuneration, rights and duties of company auditor. Further students will learn about tax audit and management audit.
CO5.CORPORATE ACCOUNTING –I& II
Upon successful completion of this course, a student will be able to: Develop awareness about Corporate Accounting in conformity with the provisions of Companies Act 2013.Have a solid foundation in accounting and reporting requirements of the Companies Act for presenting financial statements for various types of companies.
The students will be well versed with the issue and redemption of shares and debentures, forfeiture of shares etc. They will be able to prepare final accounts in simple as well as consolidated form.
The students will be able to understand the accounting process in case of amalgamation, absorption,merger and reconstruction of Indian Companies. They will also learn about accounting system prevailing in Insurance and Banking Companies.
CO6:INCOME TAX LAW –I& II
Students will acquire knowledge about concept of Income, exempted Incomes,Various heads of Income and clubbing provisions under Income Tax Act. This will help them in calculating their Income Tax liability and filing of Income Tax returns.
After completing this course the students can independently prepare and file Income Tax Return. They will also be well versed with provisions relating to advance tax,TDS,penalties etc. under Income Tax Act.
CO5.MONEY AND BANKING:
This course will help the students to know about the money, its supply and demand, credit creation and interest rate structure in India. They will also learn about the banking sector reforms and Banking system in India.