ABOUT THE COURSE:

The Department of Commerce was commenced in the year 2003. It provides a accounting knowledge in each and every person to work in the business environment and generate intellectual exchange in the field of accounting and commerce. In terms of student and faculty numbers, the commerce department holds a prominent position within the college.This is an undergraduate degree program that provides a comprehensive education in commerce and business.

ELIGIBILITY:

To be eligible for the bachelor of commerce program at University of Madras applicant must have successfully completed higher secondary examination (10+2) or an equivalent exam in either the academic or vocational stream with commerce and accountancy as core subjects.

DURATION:

The Bachelor of commerce B.Com course under the University of Madras has the duration of 3 years.comprised six semesters.

OBJECTIVES:

• To provide a solid foundation in commerce and business principles.
• To develop analytical problem solving and building communication skills.
• To prepare high quality human resources for teaching and research
• To prepare students for career in business finance and related fields
• To foster entrepreneurship and leadership qualities.

COURSE STRUCTURE:

First year:

Financial Accounting, Principles of Management, Business Communication.

Second year:

Corporate Accounting, Company Law, Principles of Marketing

Third year:

Cost Accounting, Management Accounting, Income Tax, Financial Management, Logistics and Supply Chain Management, Practical Auditing, Entrepreneurial Development, Human Resources Management.

PROGRAM OBJECTIVES:

• To enable the students to understand the system of preparing financial statements for various types of organization
• To prepare, the students to know about the significance of the management in business and development of the trade.
• To have the fundamental knowledge of economic development
• To facilitate the understanding of the origin and the growth of the Indian banking system.
• To make students understand the application accounting transaction in the corporate sector
• To provide a detailed understanding of the various provisions of I.T. act,assessment procedure and tax planning.
• To provide conceptual exposure on converting idea to a successful entrepreneur’s firm

OUTCOMES:

• The students will be able to analyse and prepare financial statement of different types of organization.
• Students also acquire skills to work as tax consultant, audit Assistant.
• To know the basic techniques of the modern forms of communication.
• By this program students understand the growth of Indian banking systems and their Modern day development
• The students will understand the basic concepts of logistics and supply chain management and student prepare themselves to work in industries.