B.Com IAF (International Accounting and Finance) Accredited to ACCA
FOUR YEARS UNDER GRADUATE PROGRAM WITH MULTIPLE ENTRY & EXIT OPTIONS
CLASS TIMINGS
Monday – Saturday: 8.00am to 12.30pm
YEAR OF INCEPTION–2016
ESSENCE OF THE PROGRAMME
B.Com International Accounting and Finance is an undergraduate program in Commerce integrated with Association of Chartered Certified Accountants, UK. ACCA (Association of Chartered Certified Accountants) is a global professional accounting body offering the Chartered Certified Accountant qualification, recognized in over 180 countries.
The program comprises of papers offered by Mount Carmel College along with papers integrated with ACCA. The program entails a student completing the ACCA qualification alongside their B.Com IAF from MCC. The student needs to attempt external examinations conducted by ACCA across the B.Com program. The core papers will be taught by experienced professionals in relevant fields. The methodology used in the program builds a platform for the students to apply their analytical skills. It also enables the students to obtain substantial fundamental knowledge of subjects like Accounting, Taxation, Law, Financial Reporting, Auditing, Risk Management, Corporate Governance, Management Accounting, Strategic Business Finance, Business Ethics and Performance Management. The B.Com IAF course is challenging and yet very rewarding to students with high career aspirations. It is also a globally recognized course.
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
Dr. JANAKI J
Associate Professor, M.COM, M.PHIL, K-SET, PH.D.
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 by specializing in International Accounting and Finance.
ELIGIBILITY
Students who have completed Two Years Pre-University Course of Karnataka or Equivalent thereto are eligible to seek Admission to B.Com International Accounting and Finance – ACCA Degree Program. Candidates should have studied Business Studies and Accountancy at the Pre University Level.
DURATION OF THE COURSE
The duration of the program is four years spread over eight semesters.
MEDIUM OF INSTRUCTION
EXIT OPTIONS
The medium of Instruction and Examination shall be English.
- AT THE END OF YEAR 1 – EXIT OPTION WITH CERTIFICATION
- AT THE END OF YEAR 2 – EXIT OPTION WITH DIPLOMA
- AT THE END OF YEAR 3 – EXIT OPTION WITH BACHELOR DEGREE
- ON THE COMPLETION OF THE PROGRAM – BACHELOR DEGREE WITH HONORS
CAREER OPPORTUNITIES
With a comprehensive course structure, the students of this program have extensive job opportunities in the field of Accounting, Finance, Governance, Insurance, Taxation, Risk Management, and Wealth Management and can exercise roles of an Accountant, Internal Auditor, Forensic Accountant, Strategic Manager, Risk Analyst, Compliance Officer, Insolvency Professional, Tax Analyst and the like across Big Four Companies in particular, Multi-National Companies and Government Agencies.
Students aspiring higher education after B.Com have vast avenues for pursuing their Masters in the field of Accounting, Auditing, Finance, Taxation and Investment Management across the Globe.
DRESS CODE
The students are expected to conform to the dress code specified by the college management. Students will have to wear their Identity Cards at all times.
Semester I | ||||||||
|---|---|---|---|---|---|---|---|---|
Sl. No. |
Course Code |
Title of the Course |
Category of Courses | Teaching Hours per Week (L + T + P) |
CIE |
SEE |
Total Marks | Credits |
| 1 | Lang.1.1 | Language – I Advanced Functional Kannada/ Functional Kannada/ Regular Kannada | AECC – L1 |
3+1+0 |
40 |
60 |
100 |
3 |
| 2 | Lang.1.2 | Language – II General English | AECC – L2 | 3+1+0 |
40 |
60 | 100 | 3 |
| 3 | B.Com.1.1 | Financial Accounting Exemption paper | DSC 1 | 3+0+2 |
40 |
60 | 100 | 4 |
| 4 | B.Com.1.2 | Principles of Management Exemption paper | DSC 2 | 4+0+0 |
40 |
60 | 100 | 4 |
| 5 | B.Com.1.3 | Management Accounting Exemption paper | DSC 3 | 3+0+2 |
40 |
60 | 100 | 4 |
| 6 | B.Com.1.4 | Open Elective | OEC-1 | 3+0+0 | 40 | 60 | 100 | 3 |
| 7 | B.Com.1.5 | Business Communication and Soft Skills | SEC-SB-1 | 1+0+2 | 25 | 25 | 50 | 2 |
| 8 | B.Com.1.6 | Physical Education – Yoga | SEC-VB-1 | 0+0+2 | 25 | — | 25 | 1 |
| 9 | B.Com.1.7 | Health & Wellness | SEC-VB-2 | 0+0+2 | 25 | — | 25 | 1 |
| Sub –Total (A) | 315 | 385 | 700 | 25 | ||||
Semester II | ||||||||
|---|---|---|---|---|---|---|---|---|
Sl. No. |
Course Code |
Title of the Course | Category of Courses | Teaching Hours per Week (L + T + P) |
CIE |
SEE |
Total Marks |
Credits |
| 1 | Lang.2.1 | Language – I Kannada/Hindi/German / French/ Sanskrit | AECC-L1 | 3+1+0 |
40 |
60 |
100 |
3 |
| 2 | Lang.2.2 | Language – II General English | AECC-L2 | 3+1+0 |
40 |
60 | 100 | 3 |
| 3 | B.Com.2.1 | Marketing Management | DSC 4 | 4+0+0 |
40 |
60 | 100 | 4 |
| 4 | B.Com.2.2 | Performance Management Exemption paper | DSC 5 | 3+0+2 |
40 |
60 | 100 | 4 |
| 5 | B.Com.2.3 | Human Resource Management | DSC 6 | 4+0+0 |
40 |
60 | 100 | 4 |
| 6 | B.Com.2.4 | Open Elective | OEC-2 | 3+0+0 | 40 | 60 | 100 | 3 |
| 7 | B.Com.2.5 | Physical Education – Sports | SEC VB 3 | 0+0+2 | 25 | — | 25 | 1 |
| 8 | B.Com.2.6 | NCC/NSS/R&R(S&G)/ Cultural | SEC VB 4 | 0+0+2 | 25 | — | 25 | 1 |
| 9 | B.Com.2.7 | Environmental Studies | AECC | 2+0+0 | 20 | 30 | 50 | 2 |
| Sub –Total (B) | 310 | 390 | 700 | 25 | ||||
EXIT OPTION WITH CERTIFICATION – with ability to solve well defined problems
Semester III | ||||||||
|---|---|---|---|---|---|---|---|---|
Sl. No. | Course Code | Title of the Course | Category of Courses | Teaching Hours per Week (L + T + P) | CIE | SEE | Total Marks | Credits |
| 1 | Lang 3.1 | Language – I Kannada/Hindi/German / French/ Sanskrit | AECC-L1 | 3+1+0 | 40 | 60 | 100 | 3 |
| 2 | Lang 3.2 | Language – II General English | AECC-L2 | 3+1+0 | 40 | 60 | 100 | 3 |
| 3 | B.Com.3.1 | Corporate Accounting | DSC 7 | 3+0+2 | 40 | 60 | 100 | 4 |
| 4 | B.Com.3.2 | Financial Reporting ACCA | DSC 8 | 3+0+2 | 40 | 60 | 100 | 4 |
| 5 | B.Com.3.3 | Audit and Assurance ACCA | DSC 9 | 3+0+2 | 40 | 60 | 100 | 4 |
| 6 | B.Com.3.4 | Open Elective | OEC-3 | 3+0+0 | 40 | 60 | 100 | 3 |
| 7 | B.Com.3.5 | Campus Recruitment Training | SEC SB 2 | 1+0+2 | 25 | 25 | 50 | 2 |
| 8 | B.Com.3.6 | Physical Education – Sports | SEC VB 5 | 0+0+2 | 25 | — | 25 | 1 |
| 9 | B.Com.3.7 | NCC/NSS/R&R(S&G)/ Cultural | SEC VB 6 | 0+0+2 | 25 | — | 25 | 1 |
| Sub –Total (C) | 315 | 385 | 700 | 25 | ||||
Semester IV | ||||||||
|---|---|---|---|---|---|---|---|---|
Sl. No. | Course Code | Title of the Course | Category of Courses | Teaching Hours per Week (L + T + P) | CIE | SEE | Total Marks | Credits |
| 1 | Lang 4.1 | Language – I Kannada/Hindi/German / French/ Sanskrit | AECC-L1 | 3+1+0 | 40 | 60 | 100 | 3 |
| 2 | Lang 4.2 | Language – II General English | AECC-L2 | 3+1+0 | 40 | 60 | 100 | 3 |
| 3 | B.Com.4.1 | Financial Management ACCA | DSC 10 | 3+0+2 | 40 | 60 | 100 | 4 |
| 4 | B.Com.4.2 | Strategic Business Reporting ACCA | DSC 11 | 3+0+2 | 40 | 60 | 100 | 4 |
| 5 | B.Com.4.3 | Quantitative Analysis-I | DSC 12 | 3+0+2 | 40 | 60 | 100 | 4 |
| 6 | B.Com.4.4 | Open Elective | OEC-3 | 3+0+0 | 40 | 60 | 100 | 3 |
| 7 | B.Com.4.5 | Physical Education – Sports | SEC VB 7 | 0+0+2 | 25 | — | 25 | 1 |
| 8 | B.Com.4.6 | NCC/NSS/R&R(S&G)/ Cultural | SEC VB 8 | 0+0+2 | 25 | — | 25 | 1 |
| 9 | B.Com.4.7 | Constitution of India | AECC | 2+0+0 | 20 | 30 | 50 | 2 |
| Sub –Total (D) | 310 | 390 | 700 | 25 | ||||
EXIT OPTION WITH DIPLOMA – Ability to solve broadly defined problems.
Semester V | ||||||||
|---|---|---|---|---|---|---|---|---|
Sl. No. | Course Code | Title of the Course | Category of Courses | Teaching Hours per Week (L + T + P) | CIE | SEE | Total Mark s | Credits |
| 1 | B.Com.5.1 | Advanced Financial Management – I ACCA | DSC 13 | 3+0+2 | 40 | 60 | 100 | 4 |
| 2 | B.Com.5.2 | Quantitative Analysis – II | DSC 14 | 4+0+0 | 40 | 60 | 100 | 4 |
| 3 | B.Com.5.3 | Strategic Business Leadership ACCA | DSC 15 | 3+0+2 | 40 | 60 | 100 | 4 |
| 4 | B.Com.5.4/E | Advanced Audit and Assurance – I ACCA | DSE 1 | 3+1+0 (P) | 40 | 60 | 100 | 3 |
| 5 | B.Com.5.5 | Taxation –I Exemption Paper | VOC 1 | 2+0+2 | 40 | 60 | 100 | 3 |
| 6 | B.Com.5.6 | Advanced Excel | SEC SB 3 | 1+0+2 | 40 | 60 | 100 | 2 |
| 7 | B.Com.5.7 | Physical Education – Sports | SEC VB 9 | 0+0+2 | 25 | 25 | 1 | |
| 8 | B.Com.5.8 | NCC/NSS/R&R(S&G)/ Cultural | SEC VB 10 | 0+0+2 | 25 | 25 | 1 | |
| Sub –Total (E) | 290 | 360 | 650 | 22 | ||||
Semester VI | ||||||||
|---|---|---|---|---|---|---|---|---|
Sl. No. | Course Code | Title of the Course | Category of Courses | Teaching Hours per Week (L + T + P) | CIE | SEE | Total Mark s | Credits |
| 1 | B.Com.6.1 | Advanced Financial Management – II ACCA | DSC 16 | 3+0+2 | 40 | 60 | 100 | 4 |
| 2 | B.Com.6.2 | Corporate and Business Law Exemption Paper | DSC 17 | 4+0+0 | 40 | 60 | 100 | 4 |
| 3 | B.Com.6.3 | Managerial Economics | DSC 18 | 3+0+2 | 40 | 60 | 100 | 4 |
| 4 | B.Com.6.4/E | Advanced Audit and Assurance – II ACCA | DSE 2 | 3+1+0 | 40 | 60 | 100 | 3 |
| 5 | B.Com.6.5 | Taxation –II Exemption Paper | VOC 2 | 2+0+2 | 40 | 60 | 100 | 3 |
| 6 | B.Com.6.6 | Entrepreneurship and New Venture Creation | SEC SB 4 | 1+0+2 | 40 | 60 | 100 | 2 |
| 7 | B.Com.6.7 | Physical Education – Sports | SEC VB 11 | 0+0+2 | 25 | 25 | 1 | |
| 8 | B.Com.6.8 | NCC/NSS/R&R(S&G)/ Cultural | SEC VB 12 | 0+0+2 | 25 | 25 | 1 | |
| 9 | B.Com.6.9 | Internship | 2 | |||||
| Sub –Total (F) | 290 | 360 | 650 | 24 | ||||
EXIT OPTION WITH BACHELOR DEGREE –Ability to solve complex problems that are well-structured requiring multi- disciplinary skills to solve them.
Syllabus (CBCS)
Papers offered for M.Sc. Life Science:
SEMESTER I
Sl. No. | Course Code | Title | LTP | Credits | CIA(T+P) | ESE(T+P) | Tutorials | Total Marks |
| 1 | CC-01 | Core Course – I Animal and Plant Diversity | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 2 | CC-02 | Core Course – II Biomolecules | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 3 | CC-03 | Core Course – III Cell Biology | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 4 | CC-04 | Core Course – IV Genetics | 4:2:0 | 5 | 30 | 70 | 50 | 150 |
| 5 | AC-01 | Allied Course – I Biostatistics | 2:0:0 | 2 | 15 | 35 | – | 50 |
| 6 | AC-02 | Allied Course – II Instrumentation and Laboratory Techniques | 2:0:0 | 2 | 15 | 35 | – | 50 |
Total | 24 | 700 |
SEMESTER II
Sl. No. | Course Code | Title | LTP | Credits | CIA(T+P) | ESE(T+P) | Tutorials | Total Marks |
| 1 | CC-05 | Core Course – V Basic Microbiology | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 2 | CC-06 | Core Course – VI Human Physiology | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 3 | CC-07 | Core Course – VII Plant Physiology | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 4 | CC-08 | Core Course – VIII Immunology | 4:2:0 | 5 | 30 | 70 | 50 | 150 |
| 5 | AC-03 | Allied Course – III Research Methodology | 2:0:0 | 2 | 15 | 35 | – | 50 |
| 6 | AC-04 | Allied Course – IV Environmental Science | 2:0:0 | 2 | 15 | 35 | – | 50 |
| 7 | Community Development Program | 2 | 50 | 50 | ||||
Total | 26 | 750 |
SEMESTER III
Sl. No. | Course Code | Title | LTP | Credits | CIA(T+P) | ESE(T+P) | Tutorials | Total Marks |
| 1 | EC-01 | Elective Course I –DSE Applied Microbiology | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 2 | EC-02 | Elective Course II – DSE Molecular Biology | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 3 | EC-03 | Elective Course III / CHOICE Human Endocrinology and Reproductive Biology orPlant Developmental Biology and Plant Diseases | 3:0:4 | 5 | 30+15 | 70+35 | – | 150 |
| 4 | EC-04 | Elective Course IV / CHOICE Animal Tissue Culture orPlant Tissue Culture | 4:2:0 | 5 | 30 | 70 | 50 | 150 |
| 5 | AC-05 | Allied Course – V Bioinformatics | 2:0:0 | 2 | 15 | 35 | – | 50 |
| 6 | OE | Open elective- Pet Behaviour and Care | 2:0:0 | 2 | 15 | 35 | – | 50 |
| 7 | Internship Report | 2 | 50 | 50 | ||||
Total | 26 | 750 |
SEMESTER IV
Sl. No. | Course Code | Title | LTP | Credits | CIA(T+P) | ESE(T+P) | Tutorials | Total Marks |
| 1 | EC-05 | Elective Course – V/ CHOICE Clinical Biochemistry orFood and Fermentation Technology | 3:0:4 | 5 | 30+15 | 70+35 | - | 150 |
| 2 | EC-06 | Elective Course VI/ CHOICE Economic Biology orEvolution and Ethology | 4:2:0 | 5 | 30 | 70 | 50 | 150 |
| 3 | EC-07 | Elective Course VII – DSE r-DNA Technology | 4:0:0 | 4 | 30 | 70 | – | 100 |
| 4 | PR-01 | Project / Viva Voce | 12 | 8 | 100 | 100 | 200 | |
Total | 22 | – | 600 | |||||
98 | – | 2800 |
PROGRAMME OUTCOME
| PO 1 | Enhance strong communication skills through knowledge of Commerce concepts in various specialized areas. |
|---|---|
| PO 2 | Enable practical application of various tools and techniques into business for accountability and decision making. |
| PO 3 | Knowledge of Domestic and International Law to develop strategic policies in business. |
| PO 4 | Understanding objectives and functioning of various institutions, instruments and operations undertaken by financial bodies. |
| PO 5 | Inculcate entrepreneurial culture through knowledge of resource management, risk sharing, cost control techniques, ethics and social responsibility towards environment and society at large. |
| PO 6 | Demonstrate knowledge of theories, concepts and findings of specializations. |
| PO 7 | Setting a base towards profession course in accounts and finance globally. |
HIGHLIGHTS OF THE COURSE
- Dual qualification on completion of B.Com papers with ACCA papers
- Globally recognized qualification.
- Additional Diploma qualification offered by the ACCA can be obtained.
- 6 papers exemption out of the Total 13 papers.
- Industry relevant papers.
- Professionally qualified faculty to teach ACCA papers on Campus.
- Online ACCA Examination.
- Case study based examination.
- Flexibility in writing the ACCA exams. Can be attempted 4 times in a year.
- Study Support from ISDC (International Skills Development Corporation)
- Placement Support from ISDC
- Special Recognition from ISDC for outstanding students.
- Provides skills and knowledge relevant to any business
- Strong focus on Professional Values, ethics and governance.
EVALUATION PATTERN
Each course will be evaluated for a maximum of 100 marks comprising of two components namely Continuous Internal Exam (CIE) and Semester End Examination (SEE). The weightage for CIE and SEE is in the ratio of 40:60.
The Semester End Examination will be for 60 marks per course and Continuous Internal Assessment will be for 40 Marks respectively.
CIE COMPONENTS
| TEST I | 10 Marks |
|---|---|
| TEST II | 10 Marks |
| Assignment – I(Seminar / Presentation) | 10 Marks |
| Assignment – II (/Projects/Case Studies) | 10 Marks |
| Total | 40 Marks |
- To enable strategic thinking and strengthen analytical behaviour.
- To give an insight into the various Functional areas of Business.
- To provide a Global view of the Macro Environment influencing business decisions.
- To impart skills that will be useful in taking decisions and Managing Business.
- To develop one’s Personality and make them Responsible Citizens with greater awareness about Business, Society and Ethics in Business.
- To impart required Computer Skills to keep pace with the adaptation of Technology in Business.
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.