BACHELOR OF COMMERCE (B.COM)krmmc.edu.in/wp-content/uploads/2015/12/B.COM-BCOM-CS-BCOM-… · effective management professionals and corporate world. • Develop various leadership

Kumararani Meena Muthiah College of Arts and Science

BACHELOR OF COMMERCE (B.COM)

PROGRAM OUTCOME

• To understand basic concepts and fundamental principles and theories about the areas of

specialization.

• Gain analytical ability in the field of commerce, social sciences and its influence on the society.

• Acquire knowledge with ability to analyse literatures, its intellectual development of the

individual and society.

• Create well trained professional for industry, banks to meet man-power requirement as

effective management professionals and corporate world.

• Develop various leadership and communication skills which help in expressing ideas,

creativity, enhance scientific application and research.

• Learn and imbibe ethical moral, social values towards cultural society.

• To make job creators rather than job seekers.

PROGRAM OFFERED:

B.Com GENERAL

B.Com CORPORATE SECRETARYSHIP

B.Com ACCOUNTING AND FINANCE (SHIFT 2)


B.COM (GENERAL)

PROGRAM SPECIFIC OUTCOME

• Thorough foundation in the fundamentals of Commerce and Finance.

• Provide trained professionals for the industry, banking and insurance sectors, NBFCs etc.

• hands on experience and progressive learning of various tax issues and tax forms related to

individuals and business houses

• Learn relevant managerial accounting career skills, applying both quantitative and qualitative

analytical knowledge in finance.

• Able to prove proficiency with the ability to engage in competitive exams like CA, CS, CMA

and other professional courses.


COURSE OUTCOME

I SEMESTER

MAJOR

FINANCIAL ACCOUNTING

To enable the students to know the Principles of Accounting in General

To understand the System of Keeping Financial Accounting Records.

BUSINESS COMMUNICATION

To facilitate the students to understand the concept of Communication.

To know the Basic Techniques of the Modern forms of Communication.

ALLIED

BUSINESS ECONOMICS

To create awareness on the individual units and concepts in business

To know about the Demand and Supply, profits, nature and scope of the subject

To understand the concepts of Economics and Management in business

To know about the market structure in the economy

II SEMESTER

MAJOR

FINANCIAL ACCOUNTING II

To enable the students to get a comprehensive understanding of the Financial

Accounting

To make the students know the various methods of maintaining the accounting

records in various forms of Business.

PRINCIPLES OF MANAGEMENT

To make the students understand the basic concepts of management

To prepare the students to know about the significance of the management in

business.


ALLIED

INDIAN ECONOMY

To develop ideas of the basic characteristics of Indian economy, its potential on natural

resources.

To understand the importance, causes and impact of population growth and its

distribution, translate and relate them with economic development

To grasp the importance of planning undertaken by the government

III SEMESTER

MAJOR

CORPORATE ACCOUNTING

To enable the students about the Preparation of the Company Accounts

To motivate the students to understand the various provisions of the Companies Act

BUSINESS LAWS

To highlight the Provisions of Law governing theGeneral Contract and

special Contract.

To enable the students to understand the Legal Remedies available in the Law

to the Business and other people.

BANKING THEORY LAW AND PRACTICE

To facilitate the understanding of the origin and the growth of the Indian Banking

system

To understand the Modern day Development in Indian Banking Sector

MARKETING

To make the students understand the importance and the relevance of Marketing

in today’s Business World.

To enable the students to understand the the Features of the Indian Marketing.

ALLIED

BUSINESS STATISTICS

To independently calculate basic statistical parameters to study average, variability,

relationship between variables, indices etc.

To interpret the meaning of the calculated Statistical indicators based on the acquired

knowledge


To choose a Statistical method for solving practical problems involving finance and

Accounts related data.

RURAL ECONOMICS

To demonstrate the basic concept of rural development of the economy

To identify the policies and programmes under rural development of economic policies

To explain the problems related to tribal areas of economy development

IV SEMESTER

MAJOR

ADVANCED CORPORATE ACCOUNTING

To make th students understand the applications of Accounting Transactions in

Corporate sector

To facilitate the students to understand the Provisions of the Indian Companies

Act.

COMPANY LAW

To enlighten the students on the Provisions governing the Company Law

To make the students aware on the recents amendments to Companies Act

FINANCIAL SERVICES

To enable the students to understand the world of financial services

To facilitate the understanding of the various Financial Services

BUSINESS TAXATION

To make the students to gain knowledge of the Principles of the Indirect Tax

To highlight the students about th Customs duty, Excise duty,VAT etc

ALLIED

ELEMENTS OF OPERATIONS RESEARCH

Know the origin and the basics of Operations Research and its role in various fields.

Formulate and solve a Linear programming problem using various techniques

Understand the concept of logistics and various methods to find the initial

solution and hence proceed to the optimum solution


Understand the process of assigning jobs to persons/machines to obtain the optimum

solution

Acquire the basic skills needed to analyze competitive two person games

INTERNATIONAL ECONOMICS

To identify the basic difference between local economics and international economics

To provide an analysis of the economic relationships between countries, covering both

trade and monetary issues.

To deal with international trade theory and policy

V SEMESTER

MAJOR

ELEMENTS OF COST ACCOUNTING

To make the students know the Process of Accounting for Cost Elements.

To understand the advantages of Costing to the Stakeholders, Workers, Creditors and the

Public.

PRACTICAL AUDITING

To make the students understand the concept of present day Auditing Practices.

To enable the students to gain knowledge of various techniques of Auditing.

ENTREPRENEURIAL DEVELOPMENT

To make the students to understand the concept of Entrepreneurship and there work in

life.

To enable the students to know the effectiveness of the manpower in Entrepreneurship.

FINANCIAL MANAGEMENT

To impart the basics of Financial Management for the benefit of Commerce Students

To enable the students to know the concepts of investment ,Financing and Working

Capital

ELECTIVE

INCOME TAX LAW AND PRACTICE

To provide a detailed understanding of the various provisions of IT Act

To enable the students to know about the Assesment Procedures and Tax Planning.


VI SEMESTER

MAJOR

ADVANCED COST ACCOUNTING

To make the students understand the process of ascertaining, classification and

controlling costs

To enable the students to learn the various methods of cost elements.

MANAGEMENT ACCOUNTING

To enable the students to get knowledge about the varioustechniques of Management

Principles

To make the students to get practical skill in ssssolving management problems.

BUSINESS ENVIRONMENT

To impart the knowledge of Business Environment

To enable the students to know the factors influencing the charges in the Business

Climate.

ELECTIVE

INCOME TAX LAW AND PRACTICE II

To help the students to understand the relevance and significance of Tax

To facilitate the students in understanding the various provisions IT Act

HUMAN RESOURCE MANAGEMENT

To facilitate the students to know about the importance of Human Resources.

To make the students to understand the various aspects of the Human Resources

Management.


B.COM (CORPORATE SECRETARYSHIP)


• Will acquire knowledge and skills to contribute to the corporate world

• 100% job oriented course eligible to become Company Secretary by pursuing ACS

• Enable to have a knowledge about Accounting, Law and Computing skills

• Establish practical proficiency in the field of Company Law and Secretarial Practice, Industrial

and Corporate Governance




COURSE OUTCOME

I SEMESTER

MAJOR

Financial Accounting I

Understanding the basic accounting concepts & terms.

Acquire knowledge to read and understand the financial statements of a company.

Applying the Knowledge in preparing the final accounts of Trading organisations and

sole tradership.

Company Law & Secretarial Practice – I

To gain knowledge on Companies Act 2013

Understand the different types of companies under CA 2013

To learn about the basic documents and functioning of the companies and the

compliances required to followed under Companies Act 2013

To understand the Role of a Company Secretary in the Functioning of a Company

ALLIED

Marketing

To state the role and functions of marketing with a range of organisations

To synthesise ideas into a marketing plan

To analyse the marketing concepts and theories in evaluating the impacts of environmental

changes on marketing planning, strategies and practices

II SEMESTER

MAJOR

Advanced Financial Accounting

Prepare financial accounts for partnership firms in different situations of admission,

retirement, death , dissolution and insolvency of the partners.

To understand the difference between the dissolution of the firm and dissolution of

partnership.

To get the basic understanding of departmental and hire purchase.


Human Resource Management

To acquire the basic concepts of HRM& use of information system to record HR details.

To gain working knowledge on Human resource selection, Compensation, Performance

Management.

To know the various motivational theories.

To gain the understanding of human resource audit.

ALLIED

Business Communication

To get basic knowledge about types of communication

Process of communication.

Effective modes of communication and usage of digital media.

To know about various Reporting practices.

III SEMESTER

MAJOR

Corporate Accounting I

To learn the basics of company accounts

To gain knowledge in issue of shares/debentures/redemption

To acquire knowledge on acquisition/ goodwill valuation

To know about the preparation of company final accounts

Company Law & Secretarial Practice – II

To know the various kinds of meetings held in a company

To know the qualification & duties of directors

To understand the various procedures to convene meetings, duties of secretary for the

same.

To know the distinction between share holders and debenture holders rights and powers.

Declaration of dividends.

To know the procedure for appointment of auditors.


ALLIED

Statistics I

Distinguish between different types of data.

Organize, manage and present data.

Analyze statistical data graphically using frequency distributions and cumulative

frequency distributions.

Know the complementary relationship of skewness with measures of central tendency

and dispersion in describing a set of data.

Understand ‘moments’ as a convenient and unifying method for summarizing several

descriptive statistical measures.

Auditing

To familiarise the students with the auditing procedures like, vouching, verification etc

To understand the qualification, duties, appointment, functions powers and liabilities of

an auditor.

To get an over view of different types of auditing with reference to different sectors.

IV SEMESTER

MAJOR

Corporate Accounting – II

To know about inflation accounting and accounting standards followed by the companies.

To understand the preparation of final accounts of banks and insurance companies.

To understand about the amalgamation procedure followed by companies.

To know the liquidation accounting process

Business Management

Understand the importance of Administration & Management.

Understand the Principles of Management in traditional & modern scientific way.

Understand the details about Planning and MBO •

Learn about Principles of Organization & various types of Organizations

Explain Span of Management.

Describe Delegation and Decentralization types of delegation.

Learn about Co-ordination and Control, Principles and techniques

View management techniques to be adopted to run the Organization effectively by using

Principles of Management


ALLIED

Statistics II

Distinguish between different types of data

Organize, manage and present data.

Analyze statistical data graphically using frequency distributions and cumulative

frequency distributions.

Analyze statistical data using measures of central tendency, dispersion and location.

Know the complementary relationship of skewness with measures of central tendency

and dispersion in describing a set of data.

Understand ‘moments’ as a convenient and unifying method for summarizing several

descriptive statistical measures.

Banking Law Theory and Practice

To get an overview of evolution of banking industry and central banking functions

To know about commercial banking and its function

To gain knowledge on different types of deposits, accounts , lending procedures,

consumer related grievances and redressal.

To know about the negotiable instruments

V SEMESTER

MAJOR

Management Accounting

To Understand various costing systems and management systems •

Analyze cost-volume-profit techniques to determine optimal managerial decisions.

To understand the analysis of financial statements of organisations.

To gain the concepts and application of ratio analysis

To learn the concepts and applications of budgets, fund flow statement and cash flow

statements.

Securities law & Market Operations

To understand the Primary and Secondary Market operations

To know about the types of financial instruments and stock exchanges

To gain functional knowledge on securities markets

To learn about mutual funds and asset management companies.

To know about dematerialisation and rematerialisation process.

Income Tax Law & Practice I


To Acquire the complete knowledge of basic concepts of income tax •

To understand the concept of exempted incomes.

Understand the provisions of agricultural income

To learn to Calculate Residential status of a person.

To Compute the income under the head” Income from Salary” / Compute income under

the head “Income from House Property” •/Compute income under the head “Income from

Business or Profession”

To understand the overall administration of the Act.

Commercial Law

To gain awareness on the various elements of contract.

To gain basic knowledge on legal aspects of business.

ELECTIVE

Entrepreneurial Development

To Understand the development of entrepreneurship as a field of study and as a

profession.

Understand the entrepreneurial process.

To understand and experience of idea generation.

To understand the role of government in promoting entrepreneurship.

To learn about the different models of entrepreneurship and importance of women

entrepreneurship.

VI SEMESTER

MAJOR

Cost Accounting

To gain knowledge of cost accounting Conepts

To Understand the significance of cost accounting

To understand the difference between cost accounting, financial accounting and

Management accounting

Learn and prepare cost sheets

To learn the methods of valuation for materials, labour and overheads.

Differentiate methods of calculating stock consumption

Identify the specifics of different costing methods

GST & Customs Law

To gain the basic knowledge of tax structure in India

To acquire knowledge on GST its procedure and customs law


Income Tax Law & Practice – II

To acquire knowledge on computation of income from capital gains and other sources.

To learn about total income, Gross total income and tax liability of individuals.

Industrial Law

To understand the importance of labour laws

To gain knowledge on the compliance and provisions of various acts like Factories Act,

Payment of wages act etc.,

ELECTIVE

Institutional Training

To gain practical exposure to the theoretical papers studied at various semesters relating

to company law and secretarial practice

To apply the knowledge of financial statement analysis.


B.COM (ACCOUNTING AND FINANCE)


• Basic and sound knowledge in the field of accounting.

• Practical training and industrial experience on tax and portfolio management

• Enhances skills on the working capital management and latest accounting techniques

• Learn relevant managerial accounting career skills, applying both quantitative and qualitative

analytical knowledge in finance.




COURSE OUTCOME

I SEMESTER

MAJOR

FINANCIAL ACCOUNTING

Prepare financial statements in accordance with appropriate standards.

Interpret the business implications of financial statement information.

Rectify the errors to prepare a correct trial balance and understand the accounting system

properly.

MARKETING

Upon completion of this course, students will be able to:

Identify the role and significance of various elements of marketing mix.

To evaluate the role and relevance of marketing organization in current marketing

conditions.

Understanding the marketing concepts in global environment. and its relevance.

ALLIED

BUSINESS STATISTICS

Independently calculate basic statistical parameters to study average, variability,

relationship between variables, indices etc.

Interpret the meaning of the calculated Statistical indicators based on the acquired

knowledge

Choose a Statistical method for solving practical problems involving finance and

Accounts related data.

II SEMESTER

MAJOR

ADVANCED FINANCIAL ACCOUNTING

Understand the accounting preparation for Branch office and Departments in the

organisation

Understand the difference between the hire purchase system and instalment system and

how to prepare accounts under hire purchase system.


Evaluate a series of accounting during the dissolution of the partnership firm. by using

piecemeal distribution method. Understand the concepts of admission and retirement of

partners.

BUSINESS ENVIRONMENT

Upon completion of this course, students will be able to:

Identify and evaluate the complexities of business environment and their impact on the

business.

Analyze the relationships between Government and business and understand the political,

economic, legal and social policies of the countr

ALLIED

ELEMENTS OF OPERATIONS RESEARCH

Know the origin and the basics of Operations Research and its role in various fields.

Formulate and solve a Linear programming problem using various techniques

Understand the concept of logistics and various methods to find the initial

solution and hence proceed to the optimum solution

Understand the process of assigning jobs to persons/machines to obtain the optimum

solution

Acquire the basic skills needed to analyze competitive two person games

III SEMESTER

MAJOR

CORPORATE ACCOUNTING –I

Account the various adjustments related to share capital and companies

Prepare the final accounts of joint stock companies.

BUSINESS LAW CPG3B

Become aware of legal aspects of business.

Raise his over-all interest in laws prevalent in the country relevant to his job.


BANKING THEORY LAW AND PRACTICE

to understand the Banking Concepts both practically and theoretically.

explore to functions in banking sector.

Motivates the students to take Banking as Profession especially while performing Role

play activity.

ENTREPRENEURIAL DEVELOPMENT

Find problems worth solving for entrepreneur.

Students identify and secure customers ,stakeholders, and team members through

networks ,primary customer research, and competitive and industry analyses in order to

priorities and pursue an initial target market in real world

Students are able to create presentations and business plans that articulate and apply

financial, operational, market and sales knowledge to identify paths to value develop and

cultivate endurance

ALLIED

BUSINESS MATHEMATICS

It helps the students to have a brief knowledge on mathematical concepts which is

included in the course.

Develop proficiency in the application to solve business math problems.

Finally in this course pupil will see how business areas such as accounting, marketing,

forecasting and financial analysis also use some form of business maths applications.

IV SEMESTER

MAJOR

CORPORATE ACCOUNTING – II

Understand the concepts of amalgamation and external reconstruction

Evaluate the concepts of Liquidation of companies.

Evaluate the banking and insurance companies preparation of accounts


FINANCIAL SERVICES

Summarize the reasons to study financial institutions.

Identify roles of financial intermediaries within financial markets.

Understand internationalization of financial markets and their investment opportunities

PRINCIPLES OF MANAGEMENT

Assess global situation, including opportunities and threats that will impact management

of an organization.

Integrate management principles into management practices

Specify how the managerial tasks of planning, organizing and controlling can be

executed in a variety of circumstances.

BUSINESS COMMUNICATION

It helps to learn and horn their communication skill in organisational environment

It enhances the students to understand and write communication letter and barrier to

communication.

It make the students very effective in understanding the formal communication to be

followed in the organisation both (oral &written)

ALLIED

BUSINESS MATHEMATICS II

Appreciate business mathematics concepts that are encountered in the real world,

Understand and be able to communicate the underlying business concepts and

mathematics involved to help another person gain insight into the situation.

Motivates the students intrinsic interest quantitative thinking.

Provide a foundation and motivation for exposure to analytical thinking subsequent to the

course

Understand the important role maths plays in all facets of the business world.


V SEMESTER

MAJOR

PRACTICAL AUDITING

Articulate knowledge of fundamental audit concepts.

Apply critical thinking skills and solve auditing problems through the use of case studies.

Demonstrate the use of the Auditing, Assurance and Ethics Handbook.

COST ACCOUNTING

Understand the purposes of cost accounting

Understand the concepts of cost, expense, loss and revenue

Prepare production cost statement and cost of goods sold statement

Evaluate the inventory costs according to the inventory valuation techniques and makes

journal entries of them

Calculates labour costs and records them

Explains cost from the view point of the relationship with cost centres

INCOME TAX LAW AND PRACTICE – I

Utilize the definitions of the various components of Income tax law.

Apply an understanding of common allowances and deductions for salaried employees.

Computation of house property income and learn to apply the compulsory deductions

under section 24.

Understand what are the business and professional income and how to interpret them to

calculate tax to find out whether they earn profit or loss.

FINANCIAL MANAGEMENT

To understand the role of financial manager

To indentify the cost involved in capital

Understand the decision to pay (or) retention a dividend


ELECTIVE

PORTFOLIO MANAGEMENT

Students will understand the characteristics of different financial assets such as money

market instruments, bonds and stocks and how to buy and sell these assets in financial

markets.

Students will understand the benefits of diversification of holding a portfolio of assets

and the importance played by the market portfolio.

Students will know how to apply different valuation models to evaluate fixed income

securities, stocks and how to use different derivative securities to manage their

investment risks.

Students have an understanding of investment theory, as well as knowledge of the issues

associated with the application of this theory in practical setting, in particular, how it

applies to portfolio construction.

VI SEMESTER

MAJOR

MANAGEMENT ACCOUNTING

Learn to take decision- making provide from the financial position of the firm.

It enhance the students to evaluate the performance of different department as per the

requirement of management.

It contributes of budget, std, reports etc.,

ADVANCED COST ACCOUNTING

Understand the cost accounting systems, job cost system,

Calculates production cost according to the job cost system.

Calculates product cost according to the process costing.

INCOME TAX LAW AND PRACTICE – II

Understand how to calculate depreciation for the purpose of income tax valuation.

Apply slab rate calculation for the different kinds of person as per the age category .

Understand how file returns for different types of assesses.


WORKING CAPITAL MANAGEMENT

Discuss the ratios used to evaluate capital and cash performance

Learn to manage the components of the working capital efficiently in order to minimise

the cost and maximise the profit of the business firm.

ELECTIVE

CAPITAL MARKET

Students will understand the characteristics of different financial instruments.

Students will know the market trends and to take proper decision to invest in long term

debt-equities.

Students will have the knowledge of stock market functions.

Documents

BACHELOR OF COMMERCE (B.COM)krmmc.edu.in/wp-content/uploads/2015/12/B.COM-BCOM-CS-BCOM-… · effective management professionals and corporate world. • Develop various leadership