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B.Com Corporate Finance(Integrated with US CPA)

FOUR YEAR UNDERGRADUATE PROGRAMME
WITH MULTIPLE ENTRY AND EXIT OPTIONS

CLASS TIMINGS

8.00am to 12.30pm

ESSENCE OF THE PROGRAMME

This programme caters to the needs of students who desire to build their professional competence with specialised knowledge in the field of Accountancy in general and Corporate Accounting and Finance in particular. This program is integrated with US CPA. Certified Public Accountant or CPA is a certification offered by the American Institute of Certified Public Accountants (AICPA). This programme helps in understanding the dynamic changes in the field of Commerce and Management in the global context. Further the programme aims to prepare the students to take up executive positions in Multinational Fintech companies, Audit firms, Banking companies and NBFC’s.

DEAN OF COMMERCE

PROF. V N RAGHU
M.COM, MPHIL.

HEAD OF THE DEPARTMENT

MS. ARUNA BHASKAR
ASSOCIATE PROFESSOR, M.COM, FCMA, SLET

CO ORDINATOR

MS. SURIYA KUMARI A
ASSISTANT PROFESSOR, M.COM, PGDHRM, B.Edu

Vision

  • The Department of Commerce envisions imparting holistic education to women as individuals to empower them to take up responsible positions in life.
  • The programmes aim to mould the character, leadership qualities, ethical values and social responsibility among commerce students while also imparting skills required for integrating into the society and acting as change agents.

 

Mission

Through the program, we strive to inculcate Empathy, Emotional Stability and Financial Independence in our students apart from gaining a grasp over the episteme of Commerce in Honours.

ELIGIBILITY

Students who have completed two years Pre-University Course of Karnataka OR Standard XII of CBSE, ISE or equivalent in Commerce are eligible to seek admission to B.Com – Corporate Finance.

 

DURATION OF THE COURSE

The program is structured over a duration of four academic years divided into eight semesters.

 

MEDIUM OF INSTRUCTION

The medium of Instruction and Examination shall be English.

 

CAREER OPPORTUNITIES

POPULAR CPA CAREER OPPORTUNITIES WORLDWIDE CPA CAREER PATH #1: PUBLIC ACCOUNTING

CPAs in public accounting firms provide a full range of accounting, auditing, tax, and consulting services for clients of all sizes. From entry level staff auditors to senior level partner roles, CPAs have the opportunity to work with large international clients, small local firms, and practically everything in between.

Common in this path:

  • Budget analyst
  • Tax examiner
  • Business systems analyst

CPA CAREER PATH #2: BUSINESS, GOVERNMENT, AND NOT-FOR-PROFITS

CPAs in this broad field can hold a range of positions, from staff accountant and financial analyst to CFO. Their responsibilities include recording, analysing, and reporting financial information for organizations. They can also carry out budgeting and internal auditing functions. CPAs in business work for companies ranging from family-owned to Fortune 500, Government and not-for- profit units. They are considered trusted business partners and can work in a variety of areas.

Some potential roles include:

  • Staff-Financial Accounting & Reporting
  • Staff-Tax Accounting
  • Staff-Internal Audit
  • Controller

CPA CAREER PATH #3: SPECIALIST

CPAs are now regularly called upon to provide services in specialized areas. CPA’s can thus follow their interests and find a specialty that they genuinely enjoy.

Some notable specializations include:

  • Information Systems
  • Internal Audit
  • Tax
  • Assurance
  • Financial Planning
  • Valuation Services

CPA CAREER PATH #4: FORENSIC SERVICES

Forensic CPAs use their accounting skills to investigate incidents like fraud, bribery, money laundering and embezzlement. They examine and collect evidence that will later enable the courts to determine if a crime has been committed or enable a dispute to be resolved. Often, law enforcement agencies like the FBI seek out forensic accountants to help further investigate crimes related to money.

Every day in a forensic role is different, so it’s a career path for those who want to stay on their toes.

 

CPA CAREER PATH #5: FINANCIAL ADVISOR

CPAs serve as financial advisors to individuals, helping them to manage their finances and to make informed financial decisions related to home purchases, college savings, starting a business and retirement planning. Financial advising is a great route for those who love crunching numbers and helping others. By working closely with clients, financial planners can directly impact the lives of others in a positive way.

 

DRESS CODE

The students are expected to conform to the dress code specified by the college management. B. Com- Corporate Finance-CPA students must be in their formal uniform (NAVY BLUE BLAZER AND FORMAL TROUSER WITH WHITE SHIRT) on all formal occasions and whenever they represent the college. Students will carry their Identity Cards at all times.

Semester – I

Sl. NoCourse CodeTitle of the CourseCourse Category

Hours per week

(L + T + P)

CIESEETotal MarksCredits
1Lang.1.1Language – IAECC – L13+1+040601003
2Lang 1.2Language – II General EnglishAECC – L23+1+040601003
3B.Com.1.1Financial Accounting – IDSC 13+0+240601004
4B.Com.1.2

Management and Behavioural

Process

DSC 24+0+040601004
5B.Com.1.3International Finance – IDSC 33+0+240601004
6B.Com.1.4Open ElectiveOEC-13+0+040601003
7B.Com.1.5

Business Communication and

Soft Skills

SEC-SB-11+0+22525502
8B.Com.1.6Physical Education – YogaSEC-VB-10+0+225251
9B.Com.1.7Health & WellnessSEC-VB-20+0+225251
Sub – Total (A) 31538570025

Semester – II

Sl. NoCourse CodeTitle of the CourseCourse Category

Hours per week

(L + T + P)

CIESEETotal MarksCredits
1Lang.2.1Language – IAECC – L13+1+040601003
2Lang 2.2Language – II General EnglishAECC – L23+1+040601003
3B.Com.2.1Financial Accounting – IIDSC 43+0+0240601004
4B.Com.2.2Human Resource ManagementDSC 54+0+040601004
5B.Com.2.3International Finance – IIDSC 63+0+240601004
6B.Com.2.4Open ElectiveOEC-23+0+040601003
7B.Com.2.5Physical Education – SportsSEC-VB-30+0+225251
8B.Com.2.6

NCC/NSS/R&R(S&G)/

Cultural

SEC-VB-40+0+225251
9B.Com.2.7Environmental StudiesAECC2+0+02030502
Sub – Total (B) 31039070025

EXIT OPTION WITH CERTIFICATE – with ability to solve well defined problems

Semester – III

Sl. NoCourse CodeTitle of the CourseCourse Category

Hours per week

(L + T + P)

CIESEETotal MarksCredits
1Lang.3.1Language – IAECC – L13+1+040601003
2Lang 3.2Language – II General EnglishAECC – L23+1+040601003
3B.Com.3.1Corporate AccountingDSC 73+0+240601004
4B.Com.3.2Marketing ManagementDSC 84+0+040601004
5B.Com.3.3International Auditing – IDSC 93+0+240601004
6B.Com.3.4Open ElectiveOEC- 33+0+040601003
7B.Com.3.5Campus Recruitment TrainingSEC-SB-21+0+22525502
8B.Com.3.6Physical Education – SportsSEC-VB-50+0+225251
9B.Com.3.7

NCC/NSS/R&R(S&G)/

Cultural

SEC-VB-60+0+225251
Sub – Total (C) 31538570025

Semester – IV

Sl. NoCourse CodeTitle of the CourseCourse Category

Hours per week

(L + T + P)

CIESEETotal MarksCredits
1Lang.4.1Language – IAECC – L13+1+040601003
2Lang 4.2Language – II General EnglishAECC – L23+1+040601003
3B.Com.4.1

Advanced Corporate

Accounting

DSC 103+0+240601004
4B.Com.4.2Quantitative Analysis – IDSC 113+0+240601004
5B.Com.4.3International Auditing – IIDSC 123+0+240601004
6B.Com.4.4Open ElectiveOEC- 43+0+040601003
7B.Com.4.5Physical Education – SportsSEC-SB-70+0+225251
8B.Com.4.6

NCC/NSS/R&R(S&G)/

Cultural

SEC-VB-80+0+225251
9B.Com.4.7Constitution of IndiaAECC2+0+02030502
Sub – Total (D) 31039070025

EXIT OPTION WITH DIPLOMA – Ability to solve broadly defined problems.

Semester – V

Sl. NoCourse CodeTitle of the CourseCourse Category

Hours per week

(L + T + P)

CIESEETotal MarksCredits
1B.Com.5.1Quantitative Analysis – IIDSC 133+0+240601004
2B.Com.5.2Banking Theory and PracticeDSC 144+0+040601004
3B.Com.5.3Taxation – IDSC 154+0+040601004
4B.Com.5.4Advance ExcelDSE 13+1+0 (P)40601003
5B.Com.5.5

International Financial

Accounting & Reporting – I

VOC 12+0+240601003
6B.Com.5.6International Taxation – ISEC-SB-31+0+240601002
7B.Com.5.7Physical Education – SportsSEC-VB-90+0+225251
8B.Com.5.8

NCC/NSS/R&R(S&G)/

Cultural

SEC-VB-100+0+225251
Sub – Total (E) 29036065022

Semester – VI

Sl. NoCourse CodeTitle of the CourseCourse Category

Hours per week

(L + T + P)

CIESEETotal MarksCredits
1B.Com.6.1Financial Markets & ServicesDSC 164+0+040601004
2B.Com.6.2Managerial EconomicsDSC 174+0+040601004
3B.Com.6.3Taxation – IIDSC 183+0+240601004
4B.Com.6.4

Entrepreneurship       &       New

Venture Creation

DSE 23+1+040601003
5B.Com.6.5International Financial Accounting & Reporting – IIVOC 22+0+240601003
6B.Com.6.6International Taxation – IISEC-SB-41+0+240601002
7B.Com.6.7Physical Education – SportsSEC-VB-110+0+225251
8B.Com.6.8

NCC/NSS/R&R(S&G)/

Cultural

SEC-VB-120+0+225251
9B.Com.6.9Internship     2
Sub – Total (E) 29036065024

EXIT OPTION WITH BACHELOR DEGREE – Ability to solve complex problems that are well-structured requiring multi-disciplinary skills to solve them.

HIGHLIGHTS OF THE COURSE

US CPA Designation US’ highest accounting qualification with global credibility.

  • Only 4 exams that can be completed in 12-15 months (after graduation)
  • Guaranteed Placements @ Big 4 & MNCs
  • Work in the US for 3 years or explore global mobility options in Canada & UAE
  • 40% – 600% salary hike & advance your accounting career

PROGRAMME OUTCOMES

PO 1The Bachelor’s Degree programme in Commerce aims to provide a comprehensive knowledge of all functional areas of management namely Marketing, HRM, Business and Corporate Law, Economics, Finance and Accounting, Taxation, Banking etc.
PO 2Students completing this programme will be able to develop managerial knowledge and tactical accounting and Financial dexterity, with a broader skill set and encourages them to seek out innovative solutions to the dynamic business challenges.
PO 3Enhance strong communication skills through knowledge of Commerce concepts in various specialized areas.
PO 4Enable practical application of various tools and techniques into business for accountability and decision making.
PO 5Knowledge of Domestic and International Law to develop strategic policies in business.
PO 6Understanding objectives and functioning of various institutions, instruments and operations undertaken by financial bodies.
PO 7Demonstrate knowledge of theories, concepts and findings of specializations.
PO 8Critically evaluate new ideas, research findings, methodologies and theoretical frameworks in a specialised field of study.

 

EVALUATION PATTERN

Each course will be evaluated for a maximum of 100 Marks, comprising of 2 components

  • CIE – 40 marks
  • SEE – 60 marks
TEST I10 Marks
TEST II10 Marks
Assignments10 Marks
Presentations10 Marks
Total40 Marks
  • The program envisages building a strong foundation of fundamental and conceptual knowledge across functional areas of finance, accounting, marketing, human resources
  • The program enables the students to build analytical skills through application and reasoning through a pedagogy of extensive case analysis and assignment
  • The program aims to train and equip students with quantitative and qualitative skills, aptitude and knowledge to pursue professional courses.
  • Formulating business problems and provide innovative solutions to enable the students to be future ready management leaders who are compassionate and yet
  • The program also builds necessary skill sets among students to take up executive positions in Accounting and Financial

This is to inform you that students who have completed their PUC Board examination are invited to an entrance exam for the applied ACCA/ CMA or CPA programmes scheduled on the 21st of May 2022- Saturday, at 10.30 am. Kindly make yourself available on Campus (near Department of Commerce- UG, LSCB Block, 2nd Floor) by 9. am to register for the same by making a payment of Rs. 200 (Two Hundred Only).
The registrations will be closed by 9.30 am. Late registrations will not be entertained.
The entrance exam will be competitive based on MCQs on the concepts studied (in PUC / Class 12 /equivalent), current affairs, and General Knowledge.

Note: For those students from ISC, CBSE, and other state boards, in pursual of Board examination will have another date scheduled for the entrance exam for the above applied courses. However, students are expected to carry a proof of the Board examination hall ticket for validation.

Placement Policy & Guidelines for Students

The Placement Policy is applicable to all students registered with the Placement Cell of Mount Carmel College, Autonomous, and is to be followed during their entire tenure at the college.

  1. The Placement Officer & the Placement Coordinator are the facilitators and counsellors for placement related activities and will be responsible for all concerned activities & functioning of the Placement Cell.
  2. The Student Placement Committee will be assisting the Placement Officer & the Placement Coordinator in all activities related to placements.
  3. Neither the College nor the Placement Cell guarantees a job. The Placement Cell will facilitate and coordinate the placement activities on campus including bringing in companies, coordinating the recruitment drives, organizing recruitment training and other related activities leading to the successful placements of the deserving students.
  4. Applying for a company, getting recruited, joining a company is entirely the responsibility/decision of the student concerned.
  5. Opting to register for placements is completely the choice of the students. As some would want to pursue higher studies or other opportunities, such students can refrain from registering with the Placement Cell.
  6. Students are required to check the ELIGIBILITY CRITERIA for registering with the Placement Cell before registering.
  7. All final year students with an aggregate score of 60% and above and with NO ACTIVE BACKLOGS are eligible to register for placements.
  8. All registered students are required to MANDATORILY attend the recruitment training conducted by the Placement Cell and meet the necessary threshold of 75% attendance and 80% completion of the practice tests & assessments to qualify for applying to the cos. Failing to qualify may result in re-training of the student at an additional cost which is to be borne at actuals by the concerned student.
  9. The Placement Cell will notify all the registered students about the upcoming recruitment drives through mails and Whatsapp group notifications and not individually. The students are to be alert and keep a track of the notifications and apply as per their interest and eligibility.
  10. Once a student registers/enrolls for a particular company, she is expected to complete the entire recruitment process as relevant and required. Failing to do so, will result in the student being debarred from sitting for further recruitment drives. Exceptions will be made at the sole discretion of the Placement Cell only in genuine cases. Such cases/reasons to be formally communicated to the Placement Office over mail at least one day prior to the drive.
  11. The student has a choice not to participate in the recruitment process of a company after attending the Pre-Placement Talk. If she decides to continue, then she will be bound by the College Placement Policy to attend the rest of the recruitment process of the company as stated above.
  12. Students will not be allowed to participate in the selection process of a company for which she has missed the PPT.
  13. While the Placement Cell will do its due diligence and bring in the right companies, it is the responsibility of every student to check the company profile, eligibility, Job Profile and the Job Role before applying. The same will also be mailed and/or updated on the Notice Boards or social media groups.
    a. Ex 1- If a company requires the applicant to have an average of 70%, be well assured that you meet the criteria before applying to that company.
    b. Ex 2- If the company requires you to have NO standing arrears/backlogs at the time of attending the placement process, kindly DO NOT APPLY to the company if you do not meet this criterion.
  14. If, after being selected by a company, for some reason the student is not satisfied either with the pay, the timings, work allotted, etc during onboarding, she will need to take it up with the concerned within the company. The Placement Cell will not be able to intervene in internal matters. However, it is important that the students reach out to us in case there are major deviations from the terms mentioned by the company at the time of recruitment.
  15. A student can apply to as many companies as she wants and appear for interviews until the first job is secured. A student will be considered to have secured a job if her name appears in the final select list of a company.
  16. The Placement Office of MCC follows a strict “ONE OFFER PER STUDENT” Policy. However, if a student has been offered a job with a CTC less than or equal to INR 2 lakhs PA, she can opt to apply for ONE more company, subject to prior formal approval by the Placement Office.
  17. Once a student’s name appears in the final selects of a company, it is obligatory for the student to accept the offer. Rejecting offers is strictly not allowed. Defaulters will be required to submit a letter to the Principal along with a penalty fee which could be equivalent to one month’s salary being offered by the said company.
  18. Recruitment Process: All companies generally follow the following procedure (however they could be exceptions) –
    a. Presentation about the company & Job Profile (Pre-Placement Talk)
    b. Written Exam (Aptitude / Technical Test)
    c. Group Discussion and/or Task (Assignments)
    d. Interview (Technical/HR/Others)
    e. Verification of Documents
    f. Offer Letter
  19. Students are to strictly ensure the following for all recruitment drives:
    a. Must report on time as mentioned in the schedules
    b. Wear Business Formals for every recruitment process. Students wearing casuals during recruitment process will be sent back
    c. Always carry one folder containing resumes (2-3 copies), passport size photos, copies of mark sheets, certificates & stationery
    d. Compulsorily carry College & Govt. ID Cards
  20. Most companies require applicants to have Govt. ID – Aadhar & PAN. Hence it is advised for all students to apply for these before registering for placements.
    Students are not allowed to contact the Company / HR team directly for any reason through the recruitment process. In case of any issues or concerns, they are advised to contact their Placement Office and discuss their problems.
  21. Strict action will be taken against students found to be engaged in maligning the College or the Placement Office with the companies. Any grievances you may have, are to be brought to the notice of the of the Placement Officer for resolution.
  22. If a student makes any false claims in the Resume/Student Registration Form, her registration will be cancelled immediately and job offer if any, will be revoked.
  23. All companies conduct a thorough background check/verification. If the company finds that you have manipulated your marks / documents in any manner/or mis-represented any information, your job offer will be terminated, and your name will be blacklisted.
  24. Strict discipline needs to be followed by every student during the recruitment process. Any sort of indecent behavior/misbehavior which affects the decorum of the Placement Cell or the reputation of the College or the Company, will attract severe penalty and disqualification.
  25. Unless explicitly permitted by the companies, use of mobile phones is strictly prohibited during the recruitment process.
  26. Malpractice in all forms or marking proxies during the selection process and beyond, is strictly prohibited and those caught indulging in such activities would be debarred from the placement process. Also, note that no concessions in any form shall be made in such cases.
  27. It may happen that the campus recruitment process can stretch till late evenings. Students are required and prepared to be available accordingly. In case of off-line drives, students are to inform their parents and should arrange their own transportation.
  28. In case of virtual (online) recruitment drives, it is the responsibility of the students to ensure they have the necessary equipment (laptop/PC with functional webcam and mic) and sufficient internet bandwidth for seamless conduction of the process.
  29. Students are required to provide correct email IDs and contact numbers at the time of registration. These will be used for all communication from the Placement Cell and the recruiting companies. The onus is on the students to ensure the contact details provided are correct and up to date.
  30. Students are advised to check their mails regularly as all communication related to placements will be sent through mails.
  31. It is mandatory that once you receive an Intent Letter/Offer Letter from the Company, a copy must be submitted to the Placement Office. Failing which, the end semester examination Hall Ticket/results will be withheld.
  32. All students registered for placements will be bounded by the Attendance Policy of the College. Any exception to the above is permitted only through formal approval of the Placement Office and the respective Department Heads.

WE EXPECT OUR STUDENTS TO BE PROFESSIONAL AND UPHOLD THE VALUES OF THE COLLEGE AT ALL TIMES.

For all matters not covered in the above policy, the Placement Office will use its discretion to take appropriate decisions as and when required.

The above guidelines are to ensure a smooth process in the best interest of our students and the participating companies.