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CAREER OPTIONS IN COMMERCE AFTER BCOM

MADE BY:AARTI NARANG 01 RAMANJOT KAUR 52RAMANDEEP KAUR51 PARAMDEEP SINGH43

VARUN KOCHAR 71 JASHANPREET KAUR 28

Acknowledgements

I would like to convey my sincere thanks to my Accounts teacher, Mrs. Laveena Mehta who helped me choose the topic and gave me some valuable inputs. I also thank her for her motivation and guidance during the project and during my studies in general.

Company Secretary

A CS is a person who is:- 1. An expert in corporate laws, securities laws & capital

market and corporate governance. 2. Chief advisor to the board of directors on best practices

in Corporate Governance. 3. Responsible for all regulatory compliances of company. 4. Corporate planner and strategic manager.

Stages in CS

ProfessionalFoundation Executive

Foundation Programme Eligibility:- 10+2 or equivalent Provisional admission is allowed to a candidate who has appeared

or enrolled for appearing in Senior Secondary (10+2 or equivalent) examination , provided proof of passing the examination is produced within 6 months of making the application.

Admission- Making an application in the prescribed Form FC-1 together with documentary evidence in support of date of birth and educational qualification.

Duration- 8 months, excluding the months of admission and the examination.

Students are required to pass the Foundation examination within 3 years from the date of their admission

Exemption:- Pass in the Final examination of the ICWAI or ICAI or any other

Accountancy Institution in India or abroad recognized by the Council.

A degree or master's degree in any discipline other than Fine Arts.

FoundationSubjects

Elements ofBusiness Laws

And Management

EconomicsAnd

Statistics

FinancialAccounting(100 Marks)

BusinessCommunication

(50 Marks)

English(50 Marks)

Statistics(50 Marks)

Economics(50 Marks)

Elements ofBusiness

Laws(50 Marks)

Elements ofManagement(50 Marks)

English andBusiness

Communication

Executive Programme Registration Period:-1. Five years from the month in which his application, complete in all respects, is accepted

for registration. 2. A registered student is required to complete the Executive and the Professional

examination within the registration period.

Subjects

Module IIModule I

General & Commercial Laws

Company Accounts and Cost & Management Accounting

Tax Laws

Company Law

Economic And Labour Laws

Securities Laws and Compliances

$ All papers are of 100 marks

Professional Programme

Eligibility- Passing the Executive Programme examination.

Subjects

Module IVModule II Module IIIModule I

Drafting, Appearances

&Pleadings

Company Secretarial

Practice

RestructuringAnd

Insolvency

Financial, Treasury

&Forex

Management

Advanced Tax Laws and

PracticeModule

Strategic Management,Alliances andInternational

Trade

Due Diligence

&Corporate

Compliance Management

Governance, Business

EthicsAnd

Sustainability

$ All papers are of 100 marks

Future Prospects Employment : Companies with a paid up share capital of Rs.5 crores

or more are compulsorily required to appoint a whole time Company Secretary who is a Member of ICSI

All companies seeking listing on Stock Exchange are required to appoint a whole time company secretary

Membership of the Institute is recognized for appointment to superior posts and services under Central Government.

Self-Employment After obtaining a ‘Certificate of Practice’ from the

Institute, members of the Institute can go in for Independent Practice.

The Institute of Company Secretaries of India is constituted under an Act of Parliament i.e. the Company Secretaries Act, 1980 (Act No. 56 of 1980).  ICSI is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India.

Vision- To be a global leader in promoting Good Corporate Governance

Mission- To develop the high calibre professionals facilitating good Corporate Governance

CA -Common Proficiency Test (CPT)

Pass Marks- To pass/qualify at the examination a student has to obtain a minimum of 50% marks in all the papers together.

Re attempting- Failing to get the pass mark requires the student to reappear in all the papers again.

No Exemptions- There are no provisions for exemptions, even in conditions where the student has obtained high marks.

CPT duration is minimum 2 months. Each session is of 2 hours.

Subjects

Session IISession I

Mercantile Laws(40 Marks)

FundamentalsOf Accounting

(60 Marks)

QuantitativeAptitude

(50 Marks)

GeneralEconomics(50 Marks)

Integrated Professional Competence Course (IPCC)

Pass Marks- Minimum of 40% in each paper and an aggregate of 50% in all the papers of both the groups together if attempting both the groups or all the papers of a single group, A student has to get through both the groups either at once or separately to be eligible to go for the next level i.e. Final.

Exemptions- In cases where the student has obtained high marks in one or more papers and has failed the group.

Minimum duration of IPCC is 9 months.

Time duration of each paper is 3 hours.

Subjects in IPCC

Group IIGroup I

Law, Ethics and

Communication

AdvancedAccounting(100 Marks)

IT and StrategicDevelopment

Auditing and Assurance

(100 Marks)

InformationTechnology(50 Marks)

StrategicManagement(50 Marks)

BusinessCommunications

(20 Marks)

Business Ethics(20 Marks)

Law(60 marks)

Cost AccountingAnd FinancialManagement

Cost Accounting(50 Marks)

FinancialManagement(50 Marks)

TaxationVAT

(25 Marks)

Service Tax(25 Marks)

Income Tax(50 Marks)

Final Pass Marks- Minimum of 40% in each paper and an

aggregate of 50% in all the papers of both the groups together if attempting both the groups or all the papers of a single group, A student has to get through both the groups either at once or separately to be eligible to go for the next level i.e. Final.

Exemptions- In cases where the student has obtained high marks in one or more papers and has failed the group.

Minimum duration of Finals in 3 years.

Time duration of each paper is 3 hours.

Subjects in Finals

Group I Group II

Corporate &Allied Laws

Company Law

(70 Marks)

StrategicFinancial

Management(100 Marks)

FinancialReporting

(100 Marks)

Allied Laws(30 Marks)

AdvancedAuditing andProfessional

Ethics(100 Marks)

AdvancedManagementAccounting(100 Marks)

InformationSystemsControl &

Audit(100 Marks)

Direct TaxLaws

(100 Marks)

IndirectTax

Laws

CentralExcise

(40 Marks)

Service TaxAnd VAT

(40 Marks)

Customs(20 Marks)

The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India.

ICAI now is the second largest accounting body in the whole world

Law Eligibility- 10+2, CLAT

Duration- 5 Years, 3 Years, 2 years

Careers:-1. Advocate2. Advocate General3. Attorney General4. District Attorney5. Legal Advisors6. Magistrate7. Notary8. Public Prosecutors

Reputed Law Schools

Symbiosis Law College, Pune

Faculty of Law, BHU, Banaras

University Law College - Bangalore University

NLSIU Bangalore

NLIU, Bhopal

KLE Society’s Law College, Bangalore

NALSAR, Hyderabad

Faculty of Law, DU, Delhi

Lucknow university, Faculty of Law, Lucknow

University of Calcutta, Kolkata

Amity Law School, New Delhi

MBA

MBA

Most colleges conduct CAT,MAT,JMET Entrance Exam

2-year course Jobs as per specialization.eg- Sales manager,finance/banking,director

of supply chain mgt. etc…. MBA in finance , marketing , HR

FEE STRUCTURE

Depends on collage in which you are taking admission

M.COM

MCOM. Is academic and theoretical in its content and approach.

It is very common of students going for the Masters degree in Commerce after completing B.Com. It is a two year program and you can pursue it from any of the recognized institutes. M.Com is a program that focuses on systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management and therefore it gives insights about all the fields.

MBE(Master of Business Economics)

Eligibility criteria:- undergratuation with an aggregate of 50%

2-Year course

MBE Career Prospects

The salary can be anywhere between rs. 3 lakh to 4.5 lakh and can grow even if you aim at reputed MNC.

Post Graduate Diploma in Management(PGDM)2-Yr full time management course

Subjects

MarketingHuman

resourseFinance

Accounting

Information Tech.

Supply Chain Management

Operations Management

Top Institutes providing PGDM course

Xavier Instititue Of Mgt. Institute Of Mgt. Technology(IMT) Regional college of mgt(RCM) ITM Business School Balaji Institute of Modern Mgt.

Is PGDM Equal To MBA

No,necessarily that a PGDM is equal to MBA because if PGDM is to be an equivalent to MBA then the college offering the PGDM course must have accreditation from AIU(The Association Of Indian Universities)

MCA(Master in computer application)

3-yr postgraduate degree Eligibility-graduation with atleast 50%

marks,must have maths as a subject in 12th class

Score good rank in entrance –ICET,NIMCET

ICWA(Institute of cost & works accountant of india)

Minimum 2 year and maximum 5 yr course

Should graduate from recognized university/institite

COST-fee rs.6000(consolidated for full course)

ICWA

There are 4 courses under this:-1. Organization Theory & Behaviour2. International Business Environment3. International Marketing Mgt.4. Research Methodology & Statistical

Analysis

ICWA

After passing the course there are so many top mgt. positions like:-

Managing Director Accountant Finance Director Financial Controller Cost Controller Finance manager

MA In Economics

Course Structure

The M.A. in Economics (with specialization in the World Economy) is a full-time programme of study spanning two years. Each year is divided into two semesters – the monsoon semester and the winter semester.

The admission to the programme is through an all-India written test

P.G.D.C.A.

P.G.D.C.A. Is The Post Graduate Diploma In Computer Applications Course. A One Year [Two Semester] Full-Time Course Includes Variety Of IT Related Subjects.

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