Programme Outcomes

Bachelor of Commerce (B.Com.)

Students after completing Bachelor of Commerce programme are expected to achieve the following outcomes:

• PO1- The learners are exposed to theoretical and practical aspects of subjects like Financial Accounting, Marketing Management & Human Resource management, Economics, Cost and Management Accounting, Direct and Indirect Taxation, Auditing, Financial management.

• PO2- The students develop communication skills, acquire managerial skills, and build confidence to face the challenges of the corporate world.

• PO3- Enhances decision making ability at personal and professional levels.

• PO4- Ensures industry ready students and develop various managerial and accounting skills for better professional opportunities.

• PO5- Develops entrepreneurial skills amongst learners.

• PO6- Strengthens the capacities of the learners in varied areas of commerce and industry.

Programme Specific Outcomes

Bachelor of Commerce (Honours)

• PSO1- The students develop the ability to clear professional examinations conducted by ICAI, CSI, CMA, MBA.

• PSO2- The students develop in-depth knowledge in courses like Financial Accounting, Cost and Management Accounting, Audit and Assurance, Direct and Indirect Taxation, Financial Management.

• PSO3- The students develop the ability to use software applications.

• PSO4- The students get to learn the process to file online return of direct tax.

• PSO5- The students get an idea to do research works.

Programme Specific Outcomes

Bachelor of Commerce (General)

• PSO1- The students develop knowledge in courses like Financial Accounting, Cost and Management Accounting, Audit and Assurance, Direct and Indirect Taxation, Financial Management.

• PSO2- The students develop the ability to use software applications.

• PSO3- The students get to learn the process of filing online return of direct tax.

• PSO4- The students can develop the art of writing business communication

Course Outcomes

FINANCIAL ACCOUNTING

• CO1- Acquire conceptual knowledge of the basics of accounting

• CO2- Develop the skill of recording financial transactions and preparation of reports in accordance with GAAP

• CO3- Understand the meaning, features and accounting of Non-Profit Organisations

• CO4- Prepare financial accounts for partnership firms in different situations of admission, retirement, death and insolvency of the partners.

• CO5- Employ critical thinking skills to understand the difference between the dissolution of the firm and dissolution of partnership.

• CO6- Understand the various types of capital structure of the company and their representation in the balance sheet.

• CO7- Evaluate the different situations of capital issue to public like issue at premium, issue at discount, forfeiture of shares etc.

• CO8- Demonstrate an understanding about the profits of the company and their division.

• CO9- Understand the valuation of shares and goodwill and prepare financial statements accordingly.

• CO10- Have a clear conception in accounting and reporting requirements of the Companies Act and relevant Indian Accounting Standards

• CO11- Have a comprehensive understanding of the advanced issues in accounting for assets, liabilities and owner’s equity

• CO12- Understand the treatment regarding issue of bonus shares and treatment of prior period profits

• CO13- Account for mergers and amalgamations

• CO14- Draft Final Accounts for Manufacturing concerns, Banks and Insurance Companies

• CO15- Accounting of partnership firms under different circumstances, like, admission, retirement, death, dissolution of firm and change in profit sharing ratio along with valuation of goodwill and its treatment in books of accounts

• CO16- Accounting for corporate bodies according to the guidelines as specified in the companies Act, 2013, accounting standards issued by ICAI & also the accounting standard rules issued time to time.

INFORMATION TECHNOLOGY AND ITS APPLICATION IN BUSINESS

• CO1- Understand basic concepts and terminology of information technology.

• CO2- Have a basic understanding of personal computer.

• CO3- Acquire knowledge about generation of computers and types of computers.

• CO4- Know about hardware/software methods and tools.

• CO5- Know about different versions of windows operating system.

• CO6- Understand types of operating system and booting process.

• CO7- Identify uses of spreadsheets in accounting application.

• CO8- Understand the applications of power point presentation and types of slides.

• CO9- Learn about the Internet and browsing services available in internet-WWW-ISP-Browsers.

ECONOMICS

• CO1- In today's dynamic economic environment, effective managerial decision-making requires the timely and efficient use of information.

• CO2- The purpose of this course is to provide students with a basic understanding of the economic theory and analytical tools that can be used in decision-making problems.

• CO3- The course will sharpen the analytical skills of the students through integrating their knowledge of the economic theory with decision-making techniques.

• CO4- Students will learn to use economic models to isolate the relevant elements of a managerial problem, identify their relationships, and formulate them into a managerial model to which decision making tools can be applied.

• CO5- Uses and explanation of Graphs are encouraged.

• CO6- Understand how households (demand) and businesses (supply) interact in various market structures to determine price and quantity of a good produced.

• CO7- Understand the links between household behavior and the economic models of demand.

• CO8- Represent demand, in graphical form, including the downward slope of the demand curve and what shifts the demand curve.

• CO9- Understand the links between production costs and the economic models of supply.

• CO10- Apply the concept of opportunity cost

• CO11- Analyze operations of markets under varying competitive conditions

PRINCIPLES OF MANAGEMENT

• CO1- Understand the importance of Administration & Management.

• CO2- Understand the Principles of Management in traditional & modern scientific way.

• CO3- Understand the details about Planning and MBO

• CO4- Learn about Principles of Organization & various types of Organizations.

• CO5- Explain Span of Management.

• CO6- Describe Delegation and Decentralization types of delegation.

• CO7- Learn about Co-ordination and Control, Principles and techniques

• CO8- View management techniques to be adopted to run the Organization effectively by using Principles of Management

DIRECT AND INDIRECT TAXATION

• CO1- Acquire the complete knowledge of basic concepts of direct and indirect tax

• CO2- Understand the concept of exempted incomes.

• CO3- Understand the provisions of agricultural income

• CO4- Calculate Residential status of a person.

• CO5- Identify and comply with the relevant provisions of the Income Tax Act as it relates to the income tax of individuals

• CO6- Compute the income under the head “Income from Salary”

• CO7- Compute income under the head “Income from House Property”

• CO8- Compute income under the head “Income from Business or Profession”

• CO9- Have a concept of application of Goods and Services tax.

BUSINESS STATISTICS

• CO1- Understand basic statistical concepts such as statistical collection, statistical series, tabular and graphical representation of data

• CO2- Calculate measures of central tendency, dispersion and asymmetry, correlation and regression analysis

• CO3- Apply knowledge to solve simple tasks using computer

• CO4- Independently calculate basic statistical parameters viz- mean, measures of dispersion, correlation coefficient, indexes.

• CO5- Based on the acquired knowledge to interpret the meaning of the calculated statistical indicators

• CO6- Choose a statistical method for solving practical problems

• CO7- Highlight statistical relationships between variables in data sets

• CO8- Predict values of strategic variables using regression and correlation analysis.

ENTREPRENUERSHIP DEVELOPMENT AND BUSINESS ETHICS

• CO1- Understand the development of entrepreneurship as a field of study and as a profession.

• CO2- Understand the creative process of opportunity identification and screening.

• CO3- Understand the entrepreneurial process.

• CO4- Analyze a new concept/product/service ideas as an entrepreneur.

• CO5- Understand the business decisions involved in starting a new business venture.

• CO6- Understand the role of government in promoting entrepreneurship.

• CO7- Understand the need and importance of budgets in running of a firm.

• CO8- Understand the importance of building a support network for the new venture.

• CO9- Understand the importance of Business Standards and business ethics

COST AND MANAGEMENT ACCOUNTING

• CO1- Understand various costing systems and management systems

• CO2- Analyse and provide recommendations to improve the operations of organisations through the application of Cost and Management accounting techniques

• CO3- Evaluate the costs and benefits of different conventional and contemporary costing systems

• CO4- Differentiate methods of schedule costs as per unit of production

• CO5- Differentiate the methods of calculating stock consumption

• CO6- Identify the specifics of different costing methods

• CO7- Analyze cost-volume-profit techniques to determine optimal managerial decisions.

• CO8- Apply cost accounting methods for both manufacturing and service industry.

BUSINESS LAW

• CO1- Demonstrate an understanding of the Legal Environment of Business.

• CO2- Communicate effectively using standard business and legal terminology.

• CO3- Demonstrate recognition of the requirements of the contract agreement

• CO4- Demonstrate understanding of contract consideration and capacity

• CO5- Demonstrate recognition of the genuineness of assent in contract formation.

• CO6- Demonstrate understanding of legality and Statute of Frauds in contracts

• CO7- Identify contract remedies

• CO8- Demonstrate recognition of transactions involving the Sales of Goods Act

• CO9- Demonstrate recognition of consumer protection and intellectual property rights

• CO10- Understand the various provisions of Company Law

• CO11- Demonstrate the use analytical skills in case study analysis.

AUDITING AND ASSURANCE

• CO1- Understand the environment and types relating to the auditing function

• CO2- Identify the steps needed to prepare for an audit

• CO3- Understand general audit terminology

• CO4- Plan an audit taking into account concepts of evidence, risk and materiality

• CO5- Know the steps for performing an audit

• CO6- Know how to prepare and use working papers, such as checklists

• CO7- Evaluate internal controls;

• CO8- Know how to report results of the audit

• CO9- Apply auditing practices to different nature of Concerns

• CO10- Equipped to draft business reports and letters

E-COMMERCE

• CO1- Understand the fundamental and importance of E-commerce

• CO2- Gain knowledge of different types in E-commerce: C2C,C2B,B2C,B2B,G2C

• CO3- Analyze the impact of E-commerce on business models and strategy

• CO4- Learn about the infrastructure for E-commerce

• CO5- Learn the key features of Internet, Intranets, Extranets and web technology and how they relate to each other.

• CO6- Understand EDI as an exchange of business documents in a standard electronic format between business partners.

• CO7- Know the legal issues and privacy in E-Commerce

• CO8- Assess the electronic payment systems

• CO9- Be familiarized with E-Marketing &E-Advertising in E-commerce.

BUSINESS MATHEMATICS

• CO1- To apply basic terms of integration in solving practical problems.

• CO2- To explain the basic methods of business calculus, types and methods of interest-bearing account and their basic applications in practice.

• CO3- To solve problems in the areas of business calculus, simple and compound interest account, the use of the compound interest account, loan and consumer credit.

• CO4- To discuss the effects of various types and methods of interest-bearing account.

• CO5- Connect acquired knowledge and skills to practical problems in economic practice.

BUSINESS COMMUNICATION

• CO1- To make effective and impressive communication.

• CO2- To make communication in an ethical manner.

• CO3- Capable to make persuasive digital communication.

• CO4- Capable to make abstract & summaries of proposals.

• CO5- Good presentation and communication using proper body language.

COMPANY LAW

• CO1- Know about the concept of the company and shares.

• CO2- Know about the company law in the India.

• CO3- Understand the use of the memorandum of association and article of association in a company, they also learn from this course.

• CO4- Use of prospectus in a company.

• CO5- Understand the relationship between company and debenture holders.

HUMAN RESOURCE MANAGEMENT

• CO1- Learn the qualities of human resource manager in an organization.

• CO2- Analysis the importance of different methods of training given to the employees in an organization.

• CO3- Memorize the difference between on the job training and of the job training.

• CO4- Learn the participant of industrial relation and recruitment of good industrial relation programme.

MARKETING MANAGEMENT

• CO1- Students can identify how consumer behaves differently.

• CO2- Ability to understand how a product pass from different stages.

• CO3- Able to understand the difference between trademark and branding.

• CO4- Able to describe the customer segmentation, target marketing and positioning.

• CO5- Understand different methods of sale promotion.

FINANCIAL MANAGEMENT

• CO1- Use business finance terms and concepts when communicating.

• CO2- Explain the financial concepts used in making financial management decision.

• CO3- Use effective communication skills to promote respect and relationship for financial deals.

• CO4- Utilize information by applying a variety of business and industry software and hardware to major financial function.

• CO5- Demonstrate a basic understanding of financial management.

• CO6- Concept about the decisions taken under financial management, i.e. financing, investing and dividend policies.

• CO7- Sources of finance in an organisation and their specific cost as well as overall cost capital that is important for all major financing decisions

• CO8- Idea about capital structure and different capital structure theories

• CO9- Concept about leverage (associated with risk), trading on equity and EBIT-EPS analysis.

Course Specific Outcomes

FINANCIAL ACCOUNTING-I

• CSO1- The students are introduced to the basic concepts of accounting principles and standards

• CSO2- The students learn the concepts for determination of business income

• CSO3- The students get trained in the accounting techniques for special sales transactions

• CSO4- The students become skilled in the techniques of insurance claim for loss of stock and loss of profit

FINANCIAL ACCOUNTING-II

• CSO1- The students are taught in details the techniques of Partnership Accounting

• CSO2- The students are made aware of the techniques of Branch and Departmental accounting

• CSO3- The students learn the accounting process of hire purchase and instalment payment system as well as investment accounting

MICROECONOMICS-I

• CSO1- The students learn the basic concepts of demand and consumer behaviour

• CSO- The students also gather information and understanding regarding production and cost concepts

• CSO3- The students get trained in the concept of perfect competition

MICROECONOMICS-II

• CSO1- The students get conversant with ideas of sources of monopoly, short run and long run monopoly

• CSO2- The students are trained in the ideas of imperfect competition

• CSO3- The students study the concepts of Marginal Productivity Theory of Distribution, Marginal Productivity Theory of Wage, Theory of rent etc.

TAXATION-I

• CSO1- The aim of the course is to make the students acquainted with basic concepts of direct taxation

• CSO2- The students get to learn the detail procedure of calculating tax under different heads of income.

• CSO3- The students are also made familiar with how to calculate deductions from Gross Total Income

COST AND MANAGEMENT ACCOUNTING-I

• CSO1- The aim of the course is to teach the students basic cost concepts, terms and classification of costs

• CSO2- The students learn in details the process of material accounting, labour accounting and overhead accounting

• CSO3- The students are taught about the different costing methods like Job costing, Contract costing and service costing.

COST AND MANAGEMENT ACCOUNTING-II

• CSO1- The students get familiar to the different management accounting techniques like costing of joint-products and by-products, activity based costing, budgetary control, marginal costing.

• CSO2- The students learn the techniques of short term decision making.