Master of Commerce
About Program
The Master of Commerce (M.Com) in Accountancy and Auditing is a specialized postgraduate program that focuses on advanced concepts of accounting, auditing, taxation, and financial management. The program is designed to develop in-depth knowledge of financial reporting, auditing standards, corporate accounting practices, and regulatory frameworks.
The curriculum includes subjects such as Advanced Financial Accounting, Cost and Management Accounting, Auditing and Assurance, Direct and Indirect Taxation, Corporate Laws, and Financial Analysis. It emphasizes both theoretical understanding and practical application, enabling students to interpret financial statements, conduct audits, and ensure compliance with legal and professional standards.
Students also gain exposure to research work, case studies, and project-based learning, which enhances their analytical and decision-making skills. The program prepares graduates for professional careers in accounting firms, auditing companies, banking, corporate sectors, and government organizations, as well as for professional courses like CA, CMA, and Ph.D. studies.
Program Highlight
Program Outcomes (POs)
| POs | Description |
|---|---|
| PO1 | Advanced Accounting Knowledge: Students will acquire in-depth knowledge of financial accounting, corporate accounting, and accounting standards. |
| PO2 | Auditing and Assurance Skills: Students will develop the ability to understand and apply auditing principles, standards, and procedures in professional practice. |
| PO3 | Financial Analysis and Decision Making: Students will be able to analyze financial statements and support strategic and managerial decision-making. |
| PO4 | Taxation and Legal Framework: Students will gain comprehensive knowledge of direct and indirect taxation along with corporate and business laws. |
| PO5 | Research and Analytical Skills: Students will develop research aptitude and analytical abilities for solving complex business and financial problems. |
| PO6 | Use of Modern Tools and Technology: Students will gain proficiency in using accounting software, data analysis tools, and financial technologies. |
| PO7 | Ethical and Professional Values: Students will understand professional ethics, corporate governance, and regulatory compliance. |
| PO8 | Communication and Presentation Skills: Students will enhance their ability to communicate financial information effectively in professional settings. |
| PO9 | Career and Professional Readiness: Students will be prepared for careers in auditing, accounting, banking, corporate sectors, and higher studies like Ph.D., CA, and CMA. |
| PO10 | Problem-Solving and Critical Thinking: Students will be able to evaluate financial issues critically and provide appropriate solutions. |
Program Specific Outcomes (PSOs)
| PSOs | Description |
|---|---|
| PSO1 | Advanced Financial Reporting: Students will develop expertise in preparing and interpreting complex financial statements in accordance with accounting standards. |
| PSO2 | Auditing and Assurance Practices: Students will gain practical knowledge of auditing procedures, internal control systems, and assurance services. |
| PSO3 | Tax Planning and Compliance: Students will acquire skills in direct and indirect tax planning, filing, and compliance with current tax laws. |
| PSO4 | Corporate Accounting and Legal Framework: Students will understand corporate accounting practices and relevant legal provisions governing business organizations. |
| PSO5 | Financial Analysis and Risk Assessment: Students will be able to analyze financial data and assess risks for effective decision-making. |
| PSO6 | Application of Accounting Tools and Software: Students will gain hands-on experience in using accounting and financial software such as Tally and advanced Excel. |
| PSO7 | Research and Professional Competence: Students will develop research skills and professional competence for careers in auditing, academia, and corporate sectors. |
Eligibility
- Candidate must have completed a Bachelor’s degree in any stream from a recognized university.
Master of Commerce - CURRICULUM
Semester 1
| Subject Name | L | T | P | C |
|---|---|---|---|---|
| Business Management | 4 | 0 | 0 | 4 |
| Accounting for Managers | 4 | 0 | 0 | 4 |
| Marketing Management | 4 | 0 | 0 | 4 |
| Business Research | 4 | 0 | 0 | 4 |
| Financial Management | 4 | 0 | 0 | 4 |
| Business Economics | 4 | 0 | 0 | 4 |
| Total | 24 | 0 | 0 | 24 |
Semester 2
| Subject Name | L | T | P | C |
|---|---|---|---|---|
| Operational Research | 4 | 0 | 0 | 4 |
| Human Resource Management | 4 | 0 | 0 | 4 |
| Business Environment | 4 | 0 | 0 | 4 |
| Financial Accounting and Auditing-I | 4 | 0 | 0 | 4 |
| Cost Accounting-I | 4 | 0 | 0 | 4 |
| Cost Accounting-II | 4 | 0 | 0 | 4 |
| Total | 24 | 0 | 0 | 24 |
Semester 3
| Subject Name | L | T | P | C |
|---|---|---|---|---|
| Research Writing and Ethics | 4 | 0 | 0 | 4 |
| Organisational Behaviour | 4 | 0 | 0 | 4 |
| Taxation and E-Filing | 4 | 0 | 0 | 4 |
| Financial Accounting and Auditing-II | 4 | 0 | 0 | 4 |
| Advanced Corporate Accounting | 4 | 0 | 0 | 4 |
| International Accounting | 4 | 0 | 0 | 4 |
| Total | 24 | 0 | 0 | 24 |
Semester 4
| Subject Name | L | T | P | C |
|---|---|---|---|---|
| Financial Markets | 4 | 0 | 0 | 4 |
| Strategic Management | 4 | 0 | 0 | 4 |
| Taxation and GST | 4 | 0 | 0 | 4 |
| Corporate Financial Reporting | 4 | 0 | 0 | 4 |
| Advanced Management Accounting | 4 | 0 | 0 | 4 |
| Project Work | 0 | 8 | 0 | 4 |
| Total | 20 | 8 | 0 | 24 |
Internship Detail
The research project in Semester 4 of the M.Com (Accountancy and Auditing) program is designed to develop students’ research aptitude and analytical skills in the field of accounting and auditing. Students undertake a focused study on a relevant topic, applying research methods to analyze financial data, auditing practices, or taxation issues. This project enhances their ability to interpret findings, draw conclusions, and present results in a structured manner, thereby preparing them for professional and academic research opportunities.
