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B.Com Strategic Finance(Integrated with CMA)

UNDER GRADUATE PROGRAM

CLASS TIMINGS

Monday – Saturday: 8.00 am to 12.30 pm

 

YEAR OF INCEPTION – 2018
ESSENCE OF THE PROGRAMME

B.Com – Strategic Finance – US CMA is an undergraduate program in Commerce integrated with US CMA in association with Institute of Management Accountants (IMA), USA and Miles Education is the knowledge partner for the program.

The program matrix comprises of courses offered by Mount Carmel College, Autonomous along with courses integrated with CMA. The program entails a student completing the CMA qualification alongside their B.Com Strategic Finance from MCC. The core papers will be taught by experienced professionals who are CMA qualified. The methodology used in the program builds a platform for the students to apply their analytical skills through application and reasoning. The program sets a platform for the students to apply the theoretical concepts practically through a series of case studies. The course sets out on a vast expanse of knowledge and rigor, to make students industry ready.

The US CMA has been integrated into the college curriculum such that students will cover all the 12 core competencies covered on US CMA in the first five semesters. Thereafter, the students are expected to additionally appear for and pass the Two CMA exams.

Part 1 – Financial Planning, Performance & Analytics.

Part 2 – Strategic Financial

Thereafter, when students appear for placements with MNCs in early sixth semester, they will stand apart as a graduate with IMA membership and having cleared the globally – recognized CMA exams.

The B.Com Strategic Finance – US CMA course is challenging and yet very rewarding to students with high career aspirations since it’s a globally recognized course.

 

ELIGIBILITY

Students who have completed Two Years Pre-University Course of Karnataka or Equivalent thereto are eligible to seek Admission to B. Com Strategic Finance – US CMA 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.

 

EXIT OPTIONS

  • AT 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

 

MEDIUM OF INSTRUCTION

The medium of Instruction and Examination shall be English.

 

CAREER OPPORTUNITIES

With a comprehensive program 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 a Finance and Accounting Managers within companies, Budgeting Managers, Investment Manager, Costing Manger, Payable Manager or Receivable Manager, Portfolio/Fund Manager, Financial Controllers, Treasurer, Chief Finance Officer. CMAs are the people who make daily decisions within the companies for its survival and growth opportunities in India for CMAs are with MNCs including Banks & Financial Services, Consulting, IT, Retail, Pharma, Manufacturing etc.

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. B.Com Strategic Finance – US CMA students have to wear a Blazer every day and must be in their formal uniform for all formal occasions and whenever they represent the college. Students will wear their Identity Cards at all times.

DEAN OF COMMERCE

PROF. V N RAGHU
M.COM, MPHIL.

HEAD OF THE DEPARTMENT

MS. MEENAKSHI DINESH
ASSOCIATE PROFESSOR, M.COM, SLET

CO ORDINATOR

Ms. RAJANI H PILLAI
Assistant Professor, M.COM, PGDHRM, M.PHIL, MBA

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.

Semester –I

Sl. No. Course Code   Title of the Course Course Category Hours Per Week (L+T+P)   CIE   SEE Total Marks   Credits
  1 Lang.1.1 Language–I 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 – I DSC 1 3+0+2 40 60 100 4
4 B.Com.1.2 Management and Behavioural Process DSC 2 4+0+0 40 60 100 4
5 B.Com.1.3 FINANCIAL PLANNING & PERFORMANCE – CMA- 1A 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 0+0+2 25 25 1
9 B.Com.1.7 Health & Wellness SEC – VB 0+0+2 25 25 1
Total 315 385 700 25

Semester – II

Sl. No. Course Code Title of the Course Courses Category Hours Per Week (L+T+P) CIE SEE Total Marks Credits
1 Lang.2.1 Language- I – 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 Financial Accounting – II DSC 4 3+0+2 40 60 100 4
4 B.Com.2.2 Human Resource Management DSC 5 4+0+0 40 60 100 4
5 B.Com.2.3 FINANCIAL ANALYTICS & CONTROL – CMA – 1B DSC 6 3+0+2 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 0+0+2 25 25 1
8 B.Com.2.6 NCC/NSS/R&R(S&G)/ Cultural SEC VB 0+0+2 25 25 1
9 B.Com.2.7 Environmental Studies AECC 2+0+0 20 30 50 2
SubTotal(B) 310 390 700 25

Semester – III

Sl. No. Course Code Title of the Course Courses Category Hours Per Week (L+T+P) CIE SEE Total Marks Credits
1 Lang.3.1 Language-I 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 Marketing Management DSC 8 4+0+0 40 60 100 4
5 B.Com.3.3 INTERNATIONAL FINANCIAL REPORTING – CMA – 1C 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 0+0+2 25 25 1
9 B.Com.3.7 NCC/NSS/R&R(S&G)/ Cultural SEC VB 0+0+2 25 25 1
SubTotal(C) 315 385 700 25

Semester – IV

Sl. No. Course Code Title of the Course Courses Category Hours Per Week (L+T+P) CIE SEE Total Marks Credits
1 Lang.4.1 Language–I 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 Advanced Corporate Accounting DSC 10 3+0+2 40 60 100 4
4 B.Com.4.2 Quantitative Analysis – I DSC 11 3+0+2 40 60 100 4
5 B.Com.4.3 STRATEGIC FINANCIAL MANGEMENT – I – CMA – 2A DSC 12 3+0+2 40 60 100 4
6 B.Com.4.4 Open Elective OEC-4 3+0+0 40 60 100 3
7 B.Com.4.5 Physical Education – Sports SEC VB 0+0+2 25 25 1
8 B.Com.4.6 NCC/NSS/R&R(S&G)/ Cultural SEC VB 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

Semester – V

Sl. No. Course Code Title of the Course Courses Category Hours Per Week (L+T+P) CIE SEE Total Marks Credits
1 B.Com.5.1 Quantitative Analysis-II DSC 13 3+0+2 40 60 100 4
2 B.Com.5.2 Banking Theory & Practice DSC 14 4+0+0 40 60 100 4
3 B.Com.5.3 Managerial Economics DSC 15 4+0+0 40 60 100 4
4 B.Com.5.4/E STRATEGIC FINANCIAL MANAGEMENT – II – CMA – 2B DSE 1 3+1+0(P) 40 60 100 3
5 B.Com.5.5 Taxation I VOC -1 2+0+2 40 60 100 3
6 B.Com.5.6 Advance Excel SEC-SB-3 1+0+2 40 60 100 2
7 B.Com.5.7 Physical Education – Sports SEC-VB 0+0+2 25 25 1
8 B.Com.5.8 NCC/NSS/R&R(S&G)/ Cultural SEC-VB 0+0+2 25 25 1
SubTotal(E) 290 360 650 22

Semester – VI

Sl. No. Course Code Title of the Course Courses Category Hours Per Week (L+T+P) CIE SEE Total Marks Credits
1 B.Com.6.1 Financial Markets & Services DSC 16 4+0+0 40 60 100 4
2 B.Com.6.2 Corporate and Business Law DSC 17 4+0+0 40 60 100 4
3 B.Com.6.3 Special Accounts DSC 18 3+0+2 40 60 100 4
4 B.Com.6.4/E INTERNATIONAL AUDITING-CPA-Non-CMA DSE 2 3+1+0(P) 40 60 100 3
5 B.Com.6.5 Taxation – II VOC- 2 2+0+2 40 60 100 3
6 B.Com.6.6 Entrepreneurship & New Venture Creation SEC SB- 4 1+0+2 40 60 100 2
7 B.Com.6.7 Physical Education – Sports SEC-VB 0+0+2 25 25 1
8 B.Com.6.8 NCC/NSS/R&R(S&G)/ Cultural SEC-VB 0+0+2 25 25 1
9 Internship 2
SubTotal(F) 290 360 650 24

HIGHLIGHTS OF THE COURSE

  • International Credibility – Globally recognised qualification.
  • Strong Knowledge Base in Management Accounting and Financial Management.
  • Dual qualification – B.Com and CMA.
  • Industry relevant papers.
  • Provides skills and knowledge relevant to any business.
  • Strong focus on professional values, ethics and governance.
  • Students have flexibility in taking up CMA papers after completing their 5th semester.
  • International career opportunities in the field of core finance, banking, wealth management and financial services.
  • Professional qualified faculty to teach CMA papers on campus.
  • Dynamic Pedagogy including guest lectures, case studies and simulation exercises.

 

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 5Demonstrate knowledge of theories, concepts and findings of specializations.
PO 6Critically 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 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
  • The main objective of the program is to cater to commerce aspirants who desire to build their professional competence on a higher plateau with specialised knowledge in the field of Accounting and Finance.
  • The program enables the students to build analytical skills through application and reasoning through pedagogy of extensive case analysis and assignment exercises.
  • Achieving the CMA qualification demonstrates professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organisations around the world.
  • This programme aims to develop strong knowledge base in Management Accounting and Financial Management which help them to establish a career in this industry.
  • Study for and clear the US CMA exams while you graduate.

Sl No.

Name

Batch

Higher Studies

1Kumari Shubham2017-2019National Institute of Technology Rourkela
2Sonali Mohanty2017-2019National Institute of Technology Rourkela
3

 

Lara Dsouza

2016-2018Kansas State University
4Eliza Divya Srishty Minz2017-2019Sri Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum
5Yaashna Maakhija2019-2021University of Massachusetts Lowell
6Athira Venugopal2018-2020The Hebrew University of Jerusalem
7

Debashmita Chakraborty

 

2017-2019National Institute of Technology Rourkela

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.

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