Opportunities in Commerce and Business Studies PPT (1).pdf

Explore opportunities

1. Opportunities
in Commerce
&
Business
&
Business
Studies
Dr. Anil Kumar
Shri Ram College of Commerce
Delhi University

2. Commerce is an
interdisciplinary
subject covering:
Accounting
FinanceFinance
Marketing
E-Commerce
Taxation
Auditing
Management

3. Where to go?
•Ambition v/s Reality
•Understand yourself
•Academic Records
•Liking and disliking
•Strengths, weaknesses and constraints
Skills Required: AnalysingNumerical Data, Good
Communication and Problem Solving Ability
•Strengths, weaknesses and constraints
•Options available

4. BACHELORS IN
COMMERCE
BACHELORS IN
COMMERCE
(B.COM)

5. What all is covered in the curriculum of B.Com?
What are the future prospects?
•3Years(AnnualMode)Full
TimeCourse
•Buildcompetencein
businessstudiesand
•Thecurriculumisrigorousand
progressive,andpreparesfor
careersincommerceand
accountancyaswellasfor
otherprofessionalrolessuch
businessstudiesand
providesabasictrainingin
managerialskills
•Focusonthelearningthat
includestheknowledgeof
basictheories,principles,
methods,andprocedures
ofcommerceand
accounting
otherprofessionalrolessuch
aseconomicandbusiness.
•Opensupopportunitiesin
highereducationtopursue
Master's-levelcoursessuchas
M.ComandMBA;professional
coursesincommerceand
accountancysuchasCA,CS,
ICWA,CFA,etc.
5

6. B.ComFoundation Degree
or Terminal Degree?
•Stepping stone for higher education or
jobs after B.Comor Mid Path Job and
then higher degree
•Career Opportunities:
oJob –Bank, Insurance, Capital Market,
Accounting Taxation, Start-Ups,
expanding own business
oGovernment Jobs
oPrivate Sector Jobs

7. B.ComAdmissions
•Oneofthepremier
universitiesofthe
country
•Foundedin1965
•Almostallthecolleges
offerB.Com
•Hostelfacilitiesfor
boysandgirlsis
availableinafew
•Maths/BusinessMaths
compulsorywithat
least45%marksfor
B.Com(H)andatleast
45%aggregatemarks.
•About900colleges
affiliatedtothe
Universitywhichoffer
coursesinCommerce
andBusinessStudies
•Fewcourses–B.Com
(Programme),B.Com
(Hons.),BBA,etc.
availableinafew
collegesonly
•AdmissioninCh.
Charan Singh
Universitythrough
meritonly(i.e12
th
classresult)andfor
thosewhoregisteron
onlineplatform
45%aggregatemarks.
•Formerly,the
Universitywascalled
MeerutUniversity
7

8. Why B.Comfrom Ch. CharanSingh University?
Is it the best course?
•NewCurriculumisdesignedwith20coresubjects,2compulsorypapersinfirst
yearofB.Com.
•Paperssuchase-Commerce,E-filing,ComputerisedAccountinggiveadequate
practicalinsightstothestudents.
•ThecorporatefraudssuchasEnron,Satyam,KingFisher,NeeravModiare•ThecorporatefraudssuchasEnron,Satyam,KingFisher,NeeravModiare
adequatelycoveredtogivepracticalinsights.
•Thecourseispresentlyunderrevisiontobemodelledon ‘outcome-based
approach’andincorporatinglatestdevelopmentsinthefieldofcommerce
8

9. Career options after B.Com/
with B.Com
•MBA (Masters of Business Administration)
•CA (Chartered Accountant)
•CS (Company Secretary)
•ICWA (Institute of Cost Accountants of India)
•LLB (Bachelor of Law)
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•LLB (Bachelor of Law)
•CFA (Chartered Financial Analyst)
•RBI Officers, Bank Probationary, Insurance Co.,
Income Tax/Excise Inspector, SEBI Exam, etc.
•Other Skills Based Courses
Few of the above courses could be integrated
with B.Comor can be done after completion

10. A few renowned colleges for
B.Comin DU
•Shri Ram College of Commerce
•Lady Shri Ram College
•Hans Raj College
•Hindu College•Hindu College
•RamjasCollege
•SGTB Khalsa College
•PG DAV College
•Daulat Ram College
•IP College
•Sri VenkateshwarCollege
•DayalSingh College

11. A few renowned colleges for B.Comin
Ch. CharanSingh University, Meerut
(Formerly Meerut University)
•IIF College of Commerce and Management
Studies (IIF CCMS)
•SD College Hindu College
•VMLG CollegeVMLG College
•KD College
•JantaDegree College
•MM Degree College
•GinniDevi ModiGirls (PG) College
•LR College
•ManayawarKanshiRam Government
Degree College

12. BACHELOR OF
BUSINESS
ADMINISTRATION
BUSINESS
ADMINISTRATION
(BBA)

13. What all is covered in the curriculum of BBA?
What are the future prospects?
•3Years(6Semesters)Full
TimeCourse
•Buildcompetencein
managementstudiesto
•Thecurriculumisrigorousand
progressive,andpreparesfor
careersinmanagementaswell
asforotherprofessionalroles
13
managementstudiesto
equipstudentswiththe
knowledge of
managementandits
variousaspects
•Focusonprovidingskills
requiredtoassume
managementpositions
througha practical
approach
•Admissionisonthebasisof
entrancetest–DUJAT(65%
weightage)and12
th
Class
Marks(35%weightage)andin
Ch.CharanSinghUniversityon
thebasisofAggregate
Percentage
•Eligibility:Anaggregateof60%
marksormorein–English,
Mathsandanytwosubjectsin
ListB/InCCSuniversityonly
45%aggregateisrequired

14. Entrance Exam* and Eligible Colleges for BBA
•TheentranceexamisoftwohoursdurationbasedonMultipleChoiceQuestions(MCQs)
designedtoevaluatetheaptitudeoftheapplicants.Thefollowingareasareincludedin
theentrancetest:
oQuantitativeAbility
oReasoningandAnalyticalAbility
oGeneralEnglish
oBusinessandGeneralAwareness
•Therearetotal100questions–Eachcorrectanswerwillgetyou(+4)marks,eachwrong
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•Therearetotal100questions–Eachcorrectanswerwillgetyou(+4)marks,eachwrong
answerwillgetyou(-1)markandaquestionnotansweredwillgetyouzeromarks
•ExamDate:Tobeannounced
•CollegesofferingBMS:ShaheedSukhdevCollegeofBusinessStudies,DeenDyalUpadhyay
College,KeshavMahavidalaya,CollegeofVocationalStudies,SriGuruGobindSingh
CollegeofCommerce,RamLalAnandCollege,RamanujanCollege,ShaheedRajguru
CollegeofAppliedSciencesforWomen,AryabhattaCollege
*No such entrance exam requirement in many State Universities like Ch. CharanSingh University.
Students can get admission on the basis of Merit list which is based on Aggregate Percentage in 12
th
.
*

15. OTHER
ENTRANCES/
COURSES AFTER
ENTRANCES/
COURSES AFTER
GRADUATION

16. MBA (Masters of Business Administration)
•OneofthemostcovetedcoursesinIndia
•Applicableforgraduatesfromanydiscipline
•AdmissionthroughEntranceTests,GroupDiscussions&PersonalInterview
•Test:CAT,GMAT,XAT(XLRI),INMAT,NMAT,SNAP,CMAT,etc.
•TopRankingInstitutions:
oIIM
oFMS
imparts a strong theoretical foundation in business
concepts
provides practical opportunities
16
oFMS
oXLRI
oSPJainInstituteofManagement
oIIF-IndianInstituteofFinance
oISB-IndianSchoolofBusiness
ThecorecoursesinanMBAprogramcovervariousareasofbusinesssuchasaccounting,finance,
marketing,humanresources,operations,andstatisticsandmany.
provides practical opportunities
builds hard-skills in the areas of management and
leadership
polishes a range of soft-skills like communication,
motivation and negotiation
opens up global opportunities for career growth

17. CAT (Common Admission Test)
•MostpopularMBAentrancetest
•HeldannuallyforadmissiontopostgraduatemanagementcoursesinalltheIndianInstitute
ofManagement(IIMs)andvariousothermanagementinstitutes.IIMsofferaround3,335
seatsinvariousmanagementprogrammes&otherthantheIIMs,165-oddinstitutes
admitstudentsbasedonCATscores.
•Theentranceexaminationisof170minuteshavingobjectivequestionsfromthefollowing
sections:
oEnglishComprehension
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oEnglishComprehension
oLogicalReasoning
oQuantitativeAnalysis
oDecision-MakingAbility
oGeneralKnowledge&Awareness/DataInterpretationandAnalysis
The candidates are shortlisted on the basis of their scores in the entrance examination. The shortlisted
candidates are called for Group Discussion, Interviews and Essay Writing for final selection.

18. CA (Chartered Accountant)
•Combinestheoreticalknowledgewithpracticaltraining.
•Oneofthemostrigorousprofessionalcourse
•ThreeLevelsofExamination:
oFoundation-CPT(4subjects)
oIntermediate-IPCC(Twogroupsof4paperseach)
oFinal-TwoGroups8Papers(oneofthetoughest)
Accounting, Cost, Financial Reporting,
18
•Articleshipof3years(onthejobtraining)
The CA Course is difficult as the syllabus is vast and clearing all the levels requires intelligence along with
substantial hard work. CA becomes tough because aspirants get stuck in the later stage of the exams.
Accounting, Business Law,
Business Mathematics,
and Business Economics
Accounting, Cost,
Corporate Law, Taxation,
Auditing, Assurance,
Financial Management
Financial Reporting,
Management, Auditing,
Risk, Global Financial,
Direct/Indirect Tax

19. CS (Company Secretary)
•Asperthelatestnorms,itiscompulsoryforalllistedcompaniesandothercompanieswith
paid-upcapitalofRs.5croreormoretohaveaCompanySecretary(CS)
•EnsuresCompliancewithCompanylegislationandotherstatutoryrequirements.
•3-stages:
oFoundation(4Papers)
oExecutive(2Modules–8Papers)
oProfessionalProgramme(3Modules)
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•15monthsoftraining
The CS Programmecan be pursued by 10+2 pass or equivalent students of Arts, Science or Commerce
stream (excluding Fine Arts).
Business Environment, Law,
Management, Ethics,
Entrepreneurship, Economics,
Accounting and Auditing
Jurisprudence, Law, Tax,
Corporate Accounting,
Securities Law, Financial,
Strategic Management
Company Law, Audit, Due Diligence,
IT, Forex, Treasury, Taxation,
Banking, Insurance, International
Business, Valuation, Insolvency

20. CWA (Cost and Work Accountant)
•ICWAdegreeprovidestheknowledgeonhowtomanagecost&financecompetently
andCAdegreegivesyoutheknowledgeoftaxation,auditing,andaccounting.
•YoucanapplyforCAcourseafterpassing12thwhilefortheICWAfoundationcourseyouhave
topassa10thorequivalentexamfromanyrecognizedboard.
•CAsareinvolvedinthecoreaccountingworkofacompanywhileCostAccountantsare
involvedinthecostingpartofafinancialtransaction.
•5Stages:
oICWAIFoundationExam
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oICWAIFoundationExam
oICWAIGroupI
oICWAIGroupII
oICWAIFinalGroupIII
oICWAIFinalGroupIV
There are plenty of employment opportunities available for the ICWA qualified people. Once you have
completed the ICWA course, you can start up your career as a Cost Accountant
Economics, Management,
Accounting, Laws, Ethics,
Business Mathematics,
Statistics, Taxation, Costing,
Operations, Strategy
Corporate Law, Cost
Management, International
Taxation, Corporate Finance,
Management Audit, Business
Valuation, Direct/ Indirect Tax

21. CFA (Chartered Financial Analyst)
•In-depthfocusonfinancialmodelling,portfoliomanagement,andotherinvestmentrelated
areas.
•Topinvestmentfirms,assetmanagement,hedgefundsvaluethisknowledgebaseandgive
morepreferencetocharterholdersthanothercandidatesfromrelatedfields.
•3Stages:
oLevelI(twiceeveryyear)
oLevelII(onceeveryyear)
oLevelIII(onceeveryyear)
CFADesignation=Alllevels
cleared+4yearsofrelevant
workexperience
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oLevelIII(onceeveryyear)
The CFA is considered to be the most difficult test on Wall Street with fewer than 20% of candidates
passing all three levels on the first try. The total cost for a CFA (all levels) costs around USD 2,400
Equity, Fixed Income,
Alternatives, Financial
Reporting, Economics, Ethics,
Time Value, Reporting
Valuation of Assets, Fixed
Income, Derivatives, Financial
Statement Analysis, Equity
Investments
Portfolio Management, Fixed
Income, Equity Investments,
Ethical and Professional
Standards
workexperience

22. Other skill based courses
that could be pursued
•Advertising
•Computer Programming
•Marketing
•Taxation•Taxation
•Retailing
•Import and Export Procedures
•Tours and Travel
•Communication

23. Pursue your area of interest
•What?
•When?
•How?
•B.Comisabasicdegreewhich
buildsastrongfoundationto
pursuehighercoursesinFinance,
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pursuehighercoursesinFinance,
Management,andAccountancy
•MaybeTerminalDegree
•Don’tloosesightofyourgoal,
interest,hobbyorwhateveryou
wanttodo
•Befocused
A1

24. Slide 23
A1 Author, 09-06-2019

25. Q&A
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26. THANK YOU