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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

Ms. KRUTHIKA HR
Assistant Professor, M.COM, ACS

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
1Lang.1.1

Language – I

Advanced Functional Kannada/ Functional Kannada/ Regular Kannada

AECC – L1

 

3+1+0

 

40

 

60

 

100

 

3

2Lang.1.2Language – II General EnglishAECC – L23+1+0

 

40

 

60

1003
3B.Com.1.1

Financial Accounting

Exemption paper

DSC 13+0+2

 

40

 

60

1004
4B.Com.1.2

Principles of Management

Exemption paper

DSC 24+0+0

 

40

 

60

1004
5B.Com.1.3

Management Accounting

Exemption paper

DSC 33+0+2

 

40

 

60

1004
6B.Com.1.4Open ElectiveOEC-13+0+040601003
7B.Com.1.5

Business Communication and

Soft Skills

SEC-SB-11+0+22525502
8B.Com.1.6

Physical Education –

Yoga

SEC-VB-10+0+225251
9B.Com.1.7Health & WellnessSEC-VB-20+0+225251
Sub Total (A) 31538570025

 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

1Lang.2.1Language – I Kannada/Hindi/German / French/ SanskritAECC-L13+1+0

 

40

 

60

 

100

 

3

2Lang.2.2Language – II General EnglishAECC-L23+1+0

 

40

 

60

1003
3B.Com.2.1Marketing ManagementDSC 44+0+0

 

40

 

60

1004
4B.Com.2.2

Performance Management

Exemption paper

DSC 53+0+2

 

40

 

60

1004
5B.Com.2.3

Human Resource

Management

DSC 64+0+0

 

40

 

60

1004
6B.Com.2.4Open ElectiveOEC-23+0+040601003
7B.Com.2.5Physical Education – SportsSEC VB 30+0+225251
8B.Com.2.6NCC/NSS/R&R(S&G)/ CulturalSEC VB 40+0+225251
9B.Com.2.7Environmental StudiesAECC2+0+02030502
Sub Total (B) 31039070025

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

Semester III

Sl.

No.

Course CodeTitle of the CourseCategory of Courses

Teaching Hours per Week

(L + T + P)

CIESEETotal MarksCredits
1Lang 3.1Language – I Kannada/Hindi/German / French/ SanskritAECC-L13+1+040601003
2Lang 3.2Language – II General EnglishAECC-L23+1+040601003
3B.Com.3.1Corporate AccountingDSC 73+0+240601004
4B.Com.3.2Financial Reporting ACCADSC 83+0+240601004
5B.Com.3.3Audit and Assurance ACCADSC 93+0+240601004
6B.Com.3.4Open ElectiveOEC-33+0+040601003
7B.Com.3.5Campus Recruitment TrainingSEC SB 21+0+22525502
8B.Com.3.6

Physical Education –

Sports

SEC VB 50+0+225251
9B.Com.3.7NCC/NSS/R&R(S&G)/ CulturalSEC VB 60+0+225251
Sub Total (C) 31538570025

Semester IV

Sl.

No.

Course CodeTitle of the CourseCategory of Courses

Teaching Hours per Week

(L + T + P)

CIESEETotal MarksCredits
1Lang 4.1Language – I Kannada/Hindi/German / French/ SanskritAECC-L13+1+040601003
2Lang 4.2Language – II General EnglishAECC-L23+1+040601003
3B.Com.4.1Financial Management ACCADSC 103+0+240601004
4B.Com.4.2Strategic Business Reporting ACCADSC 113+0+240601004
5B.Com.4.3Quantitative Analysis-IDSC 123+0+240601004
6B.Com.4.4Open ElectiveOEC-33+0+040601003
7B.Com.4.5Physical Education – SportsSEC VB 70+0+225251
8B.Com.4.6NCC/NSS/R&R(S&G)/ CulturalSEC 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.

No.

Course CodeTitle of the Course

Category of

Courses

Teaching Hours per Week

(L + T + P)

CIESEETotal Mark sCredits
1B.Com.5.1Advanced Financial Management – I ACCADSC 133+0+240601004
2B.Com.5.2Quantitative Analysis – IIDSC 144+0+040601004
3B.Com.5.3Strategic Business Leadership ACCADSC 153+0+240601004
4B.Com.5.4/EAdvanced Audit and Assurance – I ACCADSE 13+1+0 (P)40601003
5B.Com.5.5Taxation –I Exemption PaperVOC 12+0+240601003
6B.Com.5.6Advanced ExcelSEC SB 31+0+240601002
7B.Com.5.7Physical Education – SportsSEC VB 90+0+225 251
8B.Com.5.8NCC/NSS/R&R(S&G)/ CulturalSEC VB 100+0+225 251
Sub Total (E) 29036065022

Semester VI

Sl.

No.

Course CodeTitle of the CourseCategory of Courses

Teaching Hours per Week

(L + T + P)

CIESEETotal Mark sCredits
1B.Com.6.1Advanced Financial Management – II ACCADSC 163+0+240601004
2B.Com.6.2Corporate and Business Law Exemption PaperDSC 174+0+040601004
3B.Com.6.3Managerial EconomicsDSC 183+0+240601004
4B.Com.6.4/EAdvanced Audit and Assurance – II ACCADSE 23+1+040601003
5B.Com.6.5Taxation –II Exemption PaperVOC 22+0+240601003
6B.Com.6.6Entrepreneurship and New Venture CreationSEC SB 41+0+240601002
7B.Com.6.7Physical Education – SportsSEC VB 110+0+225 251
8B.Com.6.8

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

Cultural

SEC VB 120+0+225 251
9B.Com.6.9Internship     2
Sub Total (F) 29036065024

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

1CC-01

Core Course – I

Animal and Plant Diversity

3:0:4530+1570+35150
2CC-02

Core Course – II

Biomolecules

3:0:4530+1570+35150
3CC-03

Core Course – III

Cell Biology

3:0:4530+1570+35150
4CC-04

Core Course – IV

Genetics

4:2:05307050150
5AC-01

Allied Course – I

Biostatistics

2:0:02153550
6AC-02

Allied Course – II

Instrumentation and Laboratory Techniques

2:0:02153550
  

Total

 

24

   

700

SEMESTER II

Sl. No.

Course Code

Title

LTP

Credits

CIA(T+P)

ESE

(T+P)

Tutorials

Total Marks

1CC-05

Core Course – V

Basic Microbiology

3:0:4530+1570+35150
2CC-06

Core Course – VI

Human Physiology

3:0:4530+1570+35150
3CC-07

Core Course – VII

Plant Physiology

3:0:4530+1570+35150
4CC-08

Core Course – VIII

Immunology

4:2:05307050150
5AC-03

Allied Course – III

Research Methodology

2:0:02153550
6AC-04

Allied Course – IV

Environmental Science

2:0:02153550
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

1EC-01

Elective Course I –DSE

Applied Microbiology

3:0:4530+1570+35150
2EC-02

Elective Course II – DSE

Molecular Biology

3:0:4530+1570+35150
3EC-03

Elective Course III / CHOICE

Human Endocrinology and Reproductive Biology

or

Plant Developmental Biology and Plant Diseases

3:0:4530+1570+35150
4EC-04

Elective Course IV / CHOICE

Animal Tissue Culture

or

Plant Tissue Culture

4:2:05307050150
5AC-05

Allied Course – V

Bioinformatics

2:0:02153550
6OEOpen elective- Pet Behaviour and Care2:0:02153550
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

1EC-05

Elective Course – V/ CHOICE

Clinical Biochemistry

or

Food and Fermentation Technology

3:0:4530+1570+35-150
2EC-06

Elective Course VI/ CHOICE

Economic Biology

or

Evolution and Ethology

4:2:05307050150
3EC-07

Elective Course VII – DSE

r-DNA Technology

4:0:043070100
4PR-01Project / Viva Voce128100100 200
  

Total

 

22

  

600

    

98

  

2800

PROGRAMME OUTCOME

PO 1Enhance strong communication skills through knowledge of Commerce concepts in various specialized areas.
PO 2Enable practical application of various tools and techniques into business for accountability and decision making.
PO 3Knowledge of Domestic and International Law to develop strategic policies in business.
PO 4Understanding objectives and functioning of various institutions, instruments and operations undertaken by financial bodies.
PO 5Inculcate entrepreneurial culture through knowledge of resource management, risk sharing, cost control techniques, ethics and social responsibility towards environment and society at large.
PO 6Demonstrate knowledge of theories, concepts and findings of specializations.
PO 7Setting 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 I10 Marks
TEST II10 Marks
Assignment – I(Seminar / Presentation)10 Marks
Assignment – II (/Projects/Case Studies)10 Marks
Total40 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.

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.