B.Com IAF

B.Com, International Accounting and Finance

0 Lessons

Free

Entry Year

2021

Qualification

B.Com.
(APPLICATIONS CLOSED)

Duration

3 years

Overview
Program Specifications
Syllabus

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