B Com Finance & Taxation

UG Programme No of Seats Duration

B Com Finance & Taxation 40 3 years

UNIVERSITY MAHATMA GANDHI UNIVERSITY KOTTAYAM

Rs.9000/semester

B Com Finance & Taxation

Program outcomes

This course describes, explain, and integrate fundamental concepts underlying in accounting, finance, management, marketing, and economics.
It aims the students to make use of information to support business processes and practices, such as problem analysis and decision making.
It enables the students to learn principles and concepts of Accountancy, basic concepts of Partnership Accounting, and allied aspects of accounting.
The student will get thorough knowledge on the accounting practice prevailing in partnership firms and other allied aspects.

B COM FINANCE & TAXATION (MODEL I)

SEMESTER WISE COURSE OUTPUT

SEMESTER I

SL NO	COURSE CODE	COURSE NAME	OBJECTIVES
1		LANGUAGE-ENGLISH I	1. Confidently use English in both written and spoken forms. 2. Use English for formal communication effectively. To sensitize the learners to contemporary issues of concern
2		SECOND LANGUAGE I
3	CORE COURSE- CO1CRT01	DIMENSIONS AND METHODOLOGY OF BUSINESS	• To understand business and its role in society • To have an understanding of Business ethics and CSR • To comprehend the business environment and various dimensions • To familiarize Technology integration in business • To introduce the importance and fundamentals of business research
4	CORE-CO1CRT02	FINANCIAL ACCOUNTING– I	To equip the students with the skill of preparing accounts and financial statements of various types of business units other than corporate undertaking
5	CORE-CO1CRT03	CORPORATE REGULATIONS AND ADMINISTRATION	To familiarize the students with the management and administration of joint stock companies in India as per Companies Act, 2013
6	COMPLEMENTARY-CO1CMT01	BANKING AND INSURANCE	To familiarize the students with the basic concepts and practice of banking and the principles of Insurance

SEMESTER II

SL NO	COURSE CODE	COURSE NAME	OBJECTIVE
1		LANGUAGE-ENGLISH II	On completion of the course, the student should be able to, 1. Appreciate and enjoy works of literature. 2. Appreciate the aesthetic and structural elements of literature..
2		SECOND LANGUAGE I
3	CORE-CO2CRT04	FINANCIAL ACCOUNTING – II	To acquaint the students with the preparation of books of accounts of various types of business activities and application of important accounting standards
4	CORE-CO2CRT05	BUSINESS REGULATORY FRAMEWORK	The course is intended to familiarise the students with the legal framework influencing business decisions.
5	CORE-CO2CRT06	BUSINESS MANAGEMENT	To familiarize the students with concepts and principles of management.
6	COMPLEMENTARY-CO2CMT02	PRINCIPLES OF BUSINESS DECISIONS	The course is intended to familiarize the students with the economic concepts and principles underlying business decision making

SEMESTER III

SL NO	COURSE CODE	COURSE NAME	OBJECTIVE
1		LANGUAGE- ENGLISH III	By the end of the course, the learner should be able to: 1. Identify the major issues of contemporary significance 2. Respond rationally and positively to the issues raised 3. Internalise the values imparted through the selections.
2	CORE-CO3CRT07	CORPORATE ACCOUNTS – I	To make the students familiarise with corporate accounting procedures and to understand the accounting for banking companies
3	CORE-CO3CRT08	QUANTITATIVE TECHNIQUES FOR BUSINESS – I	To make the students understand the role of statistics and quantitative techniques in business and familiarize them with basic tools applied
4	CORE-CO3CRT09	FINANCIAL MARKETS AND OPERATIONS	The course is intended to familiarize the students with financial market operations in India
5	CORE-CO3CRT10	MARKETING MANAGEMENT	The objective of this course is to provide a sound understanding of the basic principles of marketing management and their applications in the business and industry
6	OPTIONAL 1-CO3OCT01	GOODS AND SERVICES TAX	To give the students a general understanding of the GST law in the country with a practical perspective and employability to the students in the commercial tax practices

SEMESTER IV

SL NO	COURSE CODE	COURSE NAME	OBJECTIVE
1		LANGUAGE- ENGLISH IV	On completion of the course, the student should: 1. Become familiar with the classics from various lands. 2. Understand the features that go into the making of a classic.
2	CORE-CO4CRT11	CORPORATE ACCOUNTS – II	1.To equip the students with the preparation of financial statements of insurance companies and to understand the accounting procedure for reconstruction and liquidation of companies
3	CORE-CO4CRT12	QUANTITATIVE TECHNIQUES FOR BUSINESS – II	To familiarize the students with more advanced tools of data analysis and forecasting and also to have an understanding of the fundamentals of theory of probability
4	CORE-CO4CRT13	ENTREPRENEURSHIP DEVELOPMENT AND PROJECT MANAGEMENT	1.To develop entrepreneurial spirit among students 2.To empower students with sufficient knowledge to start up their venture with confidence 3.To mould young minds to take up challenges and become employer than seeking employment and to make them aware of the opportunities and support for entrepreneurship in India
5	OPTIONAL 2- CO4OCT01	FINANCIAL SERVICES	1.To provide the students with an overall idea of financial services available in the country 2. To create an understanding about recent trends in financial services sector.

SEMESTER V

SL NO	COURSE CODE	COURSE NAME	OBJECTIVE
1	CORE-CO5CRT14	COST ACCOUNTING- I	To familiarize the students with cost concepts and to make the students learn the Fundamentals of cost accounting as a separate system of accounting.
2	CORE-CO5CRT15	ENVIRONMENT MANAGEMENT AND HUMAN RIGHTS	Earth’s natural resources, the way in which human societies interact with them and ways in which they can be sustainably managed.
3	CORE-CO5CRT16	FINANCIAL MANAGEMENT	To familiarize the students with the functional areas and principles of financial management
4	OPTIONAL 3-CO5OCT01	INCOME TAX I	To familiarize the students with Income Tax Act 1961 and to enable the students to compute Income taxable under the first three heads of Income
5	OPEN COURSE	FUNDAMENTALS OF BANKING AND INSURANCE	To familiarize the students with the basic concepts and practice of banking and the principles of Insurance
		CAPITAL MARKET AND INVESTMENT MANAGEMENT	It enables the student ,the experience in the complex task of developing and communicating solutions to the challenging financial problems facing businesses today
		FUNDAMENTALS OF ACCOUNTING	To familiarise the students with the basic accounting principles and practices in business.

SEMESTER VI

SL NO	COURSE CODE	COURSE NAME	OBJECTIVES
1	CORE-CO6CRT17	COST ACCOUNTING- II	1. To acquaint the students with different methods and techniques of costing. 2.To enable the students to identify the methods and techniques applicable for different types of industries.
2	CORE-CO6CRT18	ADVERTISEMENT AND SALES MANAGEMENT	To make the students aware of the strategy, concept and methods of advertising and sales promotion.
3	CORE-CO6CRT19	AUDITING AND ASSURANCE	To familiarize the students with the principles and procedure of auditing. 2. To enable the students to understand the duties and responsibilities of auditors and to undertake the work of auditing
4	CORE-CO6CRT20	MANAGEMENT ACCOUNTING	1.To acquaint the students with management accounting techniques for the analysis and interpretation of financial statements 2.To study the basic framework of financial reporting
5	OPTIONAL 4-CO6OCT01	INCOME TAX II	To have an understanding of determination of Total Income and tax payable and to get an overview regarding returns to be filed by an individual and also assessment procedure
		PROJECT AND VIVA	All students are to do a project in the area of core course.