B.Com IAF

B.Com IAF

Entry Year

2021

Qualification

B.Com.
(APPLICATIONS CLOSED)

Duration

3 years

Overview

B.COM - INTERNATIONAL ACCOUNTING AND FINANCE (IAF) (INTEGRATED WITH ACCA) (STARTED IN 2016-17)

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 three years of her 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 & MANAGEMENT

PROF. V N RAGHU
M.COM, MPHIL.

HEADs OF THE DEPARTMENT

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

CO-ORDINATOR

MS. KRUTHIKA H R
Associate Professor, M.COM, CS

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.

OBJECTIVES OF THE COURSE

  • 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.

HIGHLIGHTS OF THE COURSE

  • Dual qualification on completion of B.Com papers with ACCA papers
  • Globally recognized qualification.
  • 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)
  • Special Recognition from ISDC for outstanding students.
  • International career opportunities in the field of Accounting, Finance, Governance, Insurance, Taxation, Risk Management, Wealth Management companies and government services.
  • Provides skills and knowledge relevant to any business
  • Strong focus on Professional Values, ethics and governance.
  • Additional qualification can be obtained.

Program Specifications

ELIGIBILITY

Students who have completed two years Pre-University Course of Karnataka or equivalent are eligible to seek admission to B.Com IAF Degree Course. PU students must have done at least two of the commerce subjects at the PU level.

DURATION OF THE COURSE

The course of study for B.Com IAF degree shall extend over a period of three academic years consisting of six semesters.

MEDIUM OF INSTRUCTION

The medium of Instruction and Examination shall be in English.

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 carry their Identity Cards at all times.

COURSE MATRIX (BATCH 2021-22)

SEMESTER – I SEMESTER – II
Language

General English

Financial Accounting

Principles of Management

Taxation I

Management Accounting

Value Education

Indian Constitution

Language

General English

Performance management

Business Law

Taxation II

Marketing Management

Value Education

Environmental Science

SEMESTER – III SEMESTER – IV
Advanced Excel and Tally

Corporate Law and Governance

Corporate Accounting and Auditing I

Audit and Assurance

Financial Management

Financial Reporting

IDC

Business Mathematics

Entrepreneurship and New Venture Creation

Strategic Business Reporting

Strategic Business Leadership I

Strategic Business Leadership II

Corporate Accounting And Auditing II

SEC

SEMESTER – V SEMESTER – VI
Business Communication and Soft Skills

Banking Law and Practice

Managerial Economics

Business Statistics

Advanced Financial Management I

Advanced Audit and Assurance I

Value Education

Accounting for Decision Making

Operations Research

Investment and Portfolio Management

Business Ethics

Advanced Financial Management II

Advanced Audit and Assurance II

Value Education

 

FOOT NOTE:

The above Matrix is subject to changes based on the recommendations of the Board of Studies.

Overview

Overview

B.COM - INTERNATIONAL ACCOUNTING AND FINANCE (IAF) (INTEGRATED WITH ACCA) (STARTED IN 2016-17)

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 three years of her 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 & MANAGEMENT

PROF. V N RAGHU
M.COM, MPHIL.

HEADs OF THE DEPARTMENT

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

CO-ORDINATOR

MS. KRUTHIKA H R
Associate Professor, M.COM, CS

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.

OBJECTIVES OF THE COURSE

  • 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.

HIGHLIGHTS OF THE COURSE

  • Dual qualification on completion of B.Com papers with ACCA papers
  • Globally recognized qualification.
  • 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)
  • Special Recognition from ISDC for outstanding students.
  • International career opportunities in the field of Accounting, Finance, Governance, Insurance, Taxation, Risk Management, Wealth Management companies and government services.
  • Provides skills and knowledge relevant to any business
  • Strong focus on Professional Values, ethics and governance.
  • Additional qualification can be obtained.
Program Specifications

Program Specifications

ELIGIBILITY

Students who have completed two years Pre-University Course of Karnataka or equivalent are eligible to seek admission to B.Com IAF Degree Course. PU students must have done at least two of the commerce subjects at the PU level.

DURATION OF THE COURSE

The course of study for B.Com IAF degree shall extend over a period of three academic years consisting of six semesters.

MEDIUM OF INSTRUCTION

The medium of Instruction and Examination shall be in English.

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 carry their Identity Cards at all times.

Syllabus

COURSE MATRIX (BATCH 2021-22)

SEMESTER – I SEMESTER – II
Language

General English

Financial Accounting

Principles of Management

Taxation I

Management Accounting

Value Education

Indian Constitution

Language

General English

Performance management

Business Law

Taxation II

Marketing Management

Value Education

Environmental Science

SEMESTER – III SEMESTER – IV
Advanced Excel and Tally

Corporate Law and Governance

Corporate Accounting and Auditing I

Audit and Assurance

Financial Management

Financial Reporting

IDC

Business Mathematics

Entrepreneurship and New Venture Creation

Strategic Business Reporting

Strategic Business Leadership I

Strategic Business Leadership II

Corporate Accounting And Auditing II

SEC

SEMESTER – V SEMESTER – VI
Business Communication and Soft Skills

Banking Law and Practice

Managerial Economics

Business Statistics

Advanced Financial Management I

Advanced Audit and Assurance I

Value Education

Accounting for Decision Making

Operations Research

Investment and Portfolio Management

Business Ethics

Advanced Financial Management II

Advanced Audit and Assurance II

Value Education

 

FOOT NOTE:

The above Matrix is subject to changes based on the recommendations of the Board of Studies.