Bachelor of Commerce (B.com)

To be a leader in providing flexible, contemporary and value based commerce education to bridge the gap between academics and business application.

Creating a gateway to the global commerce platform through value added academics & 360 degree development of the learners. To enhance employability, and enrich personality, facilitation of learning, innovation & research with an eye towards current trends and needs of commercial world.

REMEMBER, when you look for a higher professional career such as Chartered Accountant (CA), Chartered Management Accountant (CIMA-UK), Certified Financial Planning (CFP), Digital Marketing then this B.Com is the right choice to put your career on fast track.

Eligibility : HSC passed in Arts / Commerce / Science
Duration : 3 Years Divided in 6 Semesters
Intake Capacity : 120
Medium of Instructions : English

Assessment of Class Participation, Problem solving, Quiz Sessions, Assignments, Periodic Tests, University Examinations.

The course is specially designed to position the graduates as:
Human Resource Executive, Marketing Executive, Marketing Manager, Economist, Business Development Trainee, Sales Executive, Research & Development Executive (R&D), Data Analyst, Operations Team Leader.

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1. To imbibe importance of education on the minds of rural youths to meet the challenges of globalization successfully.

2. To inculcate the interactive and learner-centric teaching-learning methods for betterment of the students.

3. To promote research culture among the staff and students for the benefit of the society.

4. To create devoted and disciplined volunteers with human values for national integration.

5. To motivate students for all round personality development through participation in curricular and extra-curricular activities.

6. To make dynamic, healthy and mentally tough students with professional approach to contribute to the nation building.

7. To provide career oriented education to the students to avail better job opportunities.

8. To assist learners in pursuing higher and professional studies.

9. To conduct competitions in various areas of Commerce to develop competitive spirit among the learners.
10. To organize seminars and workshops, to equip the learners with knowledge and skills required in competitive environment.
11.  To provide knowledge in different areas of Commerce.
12. To generate graduates with practical exposure and useful to the nation at large.

We at Department of Commerce & Accountancy of BFCACS are committed to impart quality education in Commerce and Accountancy to fulfill the needs and expectations of students, parents and society at large. This is done through the total involvement of the Management, Principal, students and the supporting staff in the process of teaching and learning, complying with the quality system and continually improving the processes and system.

Recognizing

1. That as quality is a continuous year-round process, a high level of work ethics in the department is essential to pursue excellence.
2. That understanding the details of quality measures in all aspects of functioning of the department at all levels is crucial for wider participation.
3. That the department as an academic department has a responsibility not only to the students, teachers, parents, and other stakeholders but also to the society.
4. That education should not be equated with mechanical learning process and student development is a comprehensive and holistic process.
5. That students as youth constitute an important force to shape the development of the region, the state and the country.
6. That there could be differences in various types of endowments in the students and their families and that the department, thus educational institutions’ responsibility is to contribute to amelioration of man-made and other inequities in the society.
7. Those teachers are not mere dispensers of knowledge but are also producers and managers of knowledge.

The Department will strive to:

1. Design and implement activity plans for quality enhancement.
2. Develop and successfully apply innovative practices and other quality benchmarks to various administrative and academic activities in the department.
3. Develop a learner-centric environment and impart quality education.
4. Contribute to the improvement of the academic performance and knowledge development of the students.
5. Promote extra and co-curricular skills amongst the students.
6. Inculcate moral and ethical values amongst students and staff.
7. Enhance the competency of the faculty members to develop both teaching and research skills.
8. Contribute to the social welfare in the neighborhoods through social and community services.
9. Encourage participation of all stakeholders in the developmental process in the department and hence college

PO₁ Acquire the essential knowledge on the successful prospects of business.

PO₂ Understand the practical issues and challenges that the trade world encounters.

PO₃ Apply concepts, principles and procedures in transacting business effectively.

PO₄ Gain analytical skill in undertaking commercial ventures and evaluates the pros and cons of embarking on trade and trade related activities based on their in-depth knowledge.

PO₅ Pursue CA, CMA, ACS, CFA, M.Com., MBA and other career oriented programs.

PO₆ Be employable, exhibit entrepreneurial drive and be principled and ethically sound business professionals.

PO₇ After completing three year bachelor degree program, students would gain a thorough knowledge in the fundamental of commerce and finance.

PO₈ Life Long Learning: Recognize the need for and ability to engage in

knowledge and other soft skills and to react apply when confronted with critical decision making.

PSO-6 Learners will be able to prove proficiency with the ability to engage in competitive exams like CA, CS, ICWA and other courses.

PSO-7 Learners will acquire the skills like effective communication, decision making, problem solving in day to day business affairs.

PSO-8 Learners will involve in various co-curricular activities to demonstrate relevancy of foundational and theoretical knowledge of their academic major and to gain practical exposure.

PSO-9 Learners can also acquire practical skills to work as tax consultant audit assistant and other financial supporting services.

PSO-10 Learners will be able to do higher education and advance research in the field of commerce and finance.

PSO-11 Accountancy- Understanding basic concepts of accounting, principles of accountancy and accounting cycle to maintain accounts of trading and non-trading organizations.

PSO-12 Getting acquainted with the procedure of preparation of income statements, retained earnings, balance sheet and statement of cash flows which are required for external users and more useful to managers for managerial decision making.

PSO-13 Including different skills for analysis and interpretation of financial data to understand financial health of an organization and ensure that resources are to being used to achieve the organizations objectives.

PSO-14 Developing knowledge about Cost ascertainment and fixation of selling price and cost control. Obtaining the knowledge of various provisions of Income Tax Act and their application in computation of taxable income of an individual under different heads of income.

PSO-15 Getting working knowledge of generally accepted auditing-procedure, techniques and skills.

PSO-16 Students will learn relevant financial accounting skill, corporate accounting skills, and cost & Management accounting applications.

PSO-17 Learners will gain through systematic and subject skills of business management, Marketing management, Auditing & Economics. Students can also acquire practical skills to work as tax consultant, audit assistant and in other financial supporting services.

PSO-18 Learners will be able to do higher degree like M.Com, MBA, CA, CS & ICWA, etc.

PSO-19 Students will be able to do their best in Competitive exams in various fields like Banking, insurance and SSC exams.

1] Versatile degree

A B.Com degree is a flexible degree that allows graduates a variety of professional opportunities.

Graduates can work in the financial, accounting, marketing, business management, and entrepreneurship sectors.

Additionally, the degree offers a solid foundation for continued study in fields like business administration or finance.

Employers find the degree appealing because it shows the graduate has a comprehensive understanding of trade and is flexible to many professions and industries.

2] B. Com Job possibilities

Due to their practical expertise and understanding of business processes, graduates in the field of commerce are highly sought after by employers.

Graduates in commerce are in high demand across a range of sectors, including banking, finance, accounting, and marketing.

Due to the practical knowledge and skills acquired during the course, graduates can anticipate career security and stability, making them highly employable.

3] Develop Transferable Skills

Transferable skills that are highly valued in the workplace are developed through a B.Com degree.

Graduates acquire the critical thinking and problem-solving abilities needed in the professional world.

Additionally, teamwork and effective communication skills are established, which are essential for managing relationships with clients and co-workers as well as working in teams.

Additionally, time management and organization skills are acquired, which are crucial for keeping track of deadlines and managing projects successfully.

Possibility of employment in both the governmental and private sectors

There are several work options for B.Com graduates in the public and commercial sectors, which is another benefit of B. Com degree. Many positions in the government are only open to those with a B.Com degree, including those in the railroads, agriculture, defence, and banks. B.Com grads

also have a ton of employment options in the Finance and accounts division at government-run companies like NTPC, SAIL, and BHEL.

Following their skills and interests, B.Com graduates can select from a variety of employment options. Some of them include:

Accountant: An accountant assists management in making crucial financial choices by gathering, monitoring, and correcting information about the company’s finances. They are responsible for conducting annual financial audits, evaluating bank statements, and ensuring the accuracy of all financial information.

Finance Expert: Financial analysts do a wide range of research to create investment strategies and make investment choices for their businesses and clients.

Portfolio Manager: This person is in charge of selecting investments. They develop and implement investing strategies and practices to meet customer objectives. They oversee portfolios and select the securities to acquire and sell.

Investment Analyst: Researching financial instruments and securities, investment analysts offer advice on the buying, selling, or holding of securities.

Tax Consultant: For help with filing their taxes, individuals and businesses turn to tax experts and advisors. They specialize in tax law, tax compliance, and tax planning. Both individuals and business owners can hire tax advisers for both short- and long-term tax optimization.

Gaining Knowledge of finance and business

Graduates with a B.Com. degree have a solid grasp of business and finance.

Graduates receive knowledge of auditing, taxation, and financial reporting as well as financial management and accounting principles.

Additionally, they learn about management and business operations, such as marketing, human resources, and supply chain management.

Graduates who possess this information are highly valued in the workplace since it enables them to comprehend how organizations function and make wise decisions.

Graduates with a B.Com. degree have a variety of employment options, job security, transferrable abilities, and a solid grasp of business and finance. In today’s world, it is a highly valued degree that gives graduates a strong basis for a rewarding career in a variety of fields.

Opportunities for further education after earning a B.Com.

Many graduates of B.Com programs continue their education. To advance one’s career, there are numerous postgraduate courses and programs accessible. Among the courses on the list are M.Com, MBA, CA, CS, CFA, CFP, Digital Marketing, and ACCA. Additionally, some students take challenging government exams.