Bachelor of Commerce(Cost & Management Accounting)

The Bachelor of Commerce (Cost & Management Accounting) – BCom CMA program at KES Shroff College is designed to meet the specialized needs of the accounting and finance industry. This three-year undergraduate program offers an in-depth understanding of cost accounting, management accounting, financial planning, strategic decision-making, and performance management. The program prepares students to excel in the dynamic field of cost and management accounting, equipping them with the skills necessary to manage financial efficiency and strategic planning within organizations.

Program Highlights:

  • Comprehensive Curriculum: Covers essential topics such as cost accounting, management accounting, budgeting, financial planning, strategic decision-making, and performance management.
  • Practical Learning: Emphasis on hands-on experience through internships, projects, workshops, and case studies to apply theoretical knowledge to real-world scenarios.
  • Experienced Faculty: Learn from industry professionals and academics with extensive experience in cost and management accounting.
  • State-of-the-Art Facilities: Access to advanced accounting software and tools that simulate real-world financial conditions.
  • Industry Integration: Regular interactions with industry experts through seminars, guest lectures, and industry visits to keep students updated with current trends and practices.
  • Skill Development: Focus on nurturing analytical thinking, quantitative skills, and financial acumen essential for success in the accounting industry.

The BCom CMA program at KES Shroff College prepares students to meet the demands of the rapidly evolving accounting industry. Here’s how our program helps students achieve the best:

  • In-Demand Skills: Students graduate with a strong command of cost accounting, financial analysis, and strategic planning, making them highly attractive to employers.
  • Professional Network: Industry connections and alumni network provide students with mentorship and job opportunities.
  • Practical Exposure: Opportunities to engage in real-world financial scenarios and projects help students stay ahead of industry trends and contribute to innovative financial solutions.
  • Global Opportunities: The comprehensive training provided opens doors to global career opportunities in diverse financial sectors.

Join the BCom CMA program at KES Shroff College to embark on a path to becoming a finance professional, equipped with the knowledge and skills to thrive in the dynamic world of cost and management accounting.

PEO1. To develop a strong foundational understanding of financial markets, including principles of economics, finance, and relevant regulatory frameworks.

PEO2. To bridge theory with practical applications by analyzing real-world financial data and scenarios and applying research methodologies to enhance decision-making skills.

PEO3. To cultivate critical thinking and innovative problem-solving abilities specifically within the context of financial markets and their impact on various stakeholders.

PEO4. To acquire and demonstrate industry-relevant skills and competencies necessary for success in financial market professions, such as financial analysis, risk management, and investment strategies.

PEO5. To engage in ethical discussions and reflect on the importance of integrity, responsibility, and professionalism in financial decision-making and practice.

PEO6. To synthesize knowledge across disciplines including finance, mathematics, and economics, while also appreciating the socio-cultural implications and influences on financial markets.

PEO7. To prepare students to pursue further education, professional certification, or advanced career opportunities in accounting, finance, or related fields, and will continue to enhance their knowledge and skills to achieve professional success and personal fulfillment.

PEO8. To incorporate Indian Knowledge Systems into Contemporary Accounting Practices.

PO1: Gain theoretical and practical exposure in the field of Commerce, Account, Finance, Marketing, Management, Economics, Environment, Mathematics and statistics, Business Law and Business Communication.

PO2: Develop communication skills and build confidence to face the challenges of practical circumstances also enhances the capacity of decision making at personal and professional level.

PO3: Be industry ready and develop various managerial and accounting skills by strengthening their capacities in varied areas of commerce for holistic development.

PO4: Develop managerial and analytical skills to meet the challenges of the dynamic business environment, industry and economy at Local, Regional, National and Global Levels

PO5: Improve competency to make themselves eligible and employable by understanding the multidisciplinary connections that links the world economies and people

PO6: Indulge in reflective and collaborative thinking by understanding the concepts in the field of Commerce and Business.

PO7: Refrain from unethical behaviour, falsification, and manipulation of information

PO8: Create, select, and apply appropriate techniques, resources, and modern ICT tools for exploring, analysing, and using the business information

PO9: Be Self-paced and self-directed Lifelong learners aimed at personal development, skill development and reskilling in the field of Commerce

PO10: Be engaged with socio-cultural framework concerning them to understand the issues of Sustainable Development Goals

A Bachelor of Commerce (Cost & Management Accounting) – BCom CMA degree from KES Shroff College opens up a world of exciting career opportunities across various financial sectors. Our graduates are well-equipped with the skills and knowledge required to thrive in the fast-paced accounting industry. Here are some of the career paths available to our graduates:

1. Cost Accountant:

  • Analyze and control costs to improve organizational efficiency.
  • Work with manufacturing companies, service organizations, and public sector entities.

2. Management Accountant:

  • Provide financial insights to assist in strategic decision-making.
  • Work with corporations to improve financial performance and efficiency.

3. Financial Analyst:

  • Analyze financial data and market trends to provide investment recommendations.
  • Work with investment firms, banks, and corporate finance departments.

4. Budget Analyst:

  • Prepare budget reports and monitor organizational spending.
  • Ensure that financial resources are allocated efficiently.

5. Internal Auditor:

  • Evaluate and improve the effectiveness of risk management, control, and governance processes.
  • Work with corporations, government agencies, and non-profit organizations.

6. Financial Controller:

  • Oversee the preparation of financial reports and ensure accurate financial management.
  • Work with corporations to manage financial operations.

7. Compliance Officer:

  • Ensure that organizations comply with financial regulations and standards.
  • Develop and implement compliance programs and policies.

8. Tax Consultant:

  • Provide advice on tax planning and compliance.
  • Help clients navigate complex tax regulations and optimize tax strategies.

9. Performance Manager:

  • Monitor and enhance organizational performance through strategic planning and analysis.
  • Work with companies to achieve financial and operational goals.

10. Corporate Treasurer:

  • Manage an organization’s financial assets and liabilities.
  • Oversee cash flow, investment strategies, and financial risk management.

SEMESTER 1


Major

  • Cost Accounting-I
  • Management Accounting -I

Minor

  • ……

Generic/ Open Elective Courses (Any one)

  • Internal Controls
  • Quantitative Techniques


Vocational and Skill Enhancement Courses 

  • Investment Planning
  • Ms-office and Computerized Accounting software


Ability Enhancement Courses (Any one)

  • Business Communication

Value Education Courses

  • Foundation Course

Indian Knowledge System

  • Introduction to Basic Sanskrit
  • Vedic Mathematics
  • Classical or regional literatures
  • Earth sciences
  • Ethics and sociological orders
  • Indian Knowledge System – Accounting perspective

Co-Curricular (Any One)

  • National Service Scheme Studies – I
  • National Cadet Corp Studies – I
  • Department of Lifelong Learning & Extension Studies – I
  • Introduction to Indian Performing Arts – I
  • Yoga Education – I
  • Sports and Fitness Studies – I
  • Green Credit – I

SEMESTER 2


Major

  • Cost Accounting II
  • Management Accounting -II

Minor

  • Financial Reporting

Generic/ Open Elective Courses (Any one)

  • Entrepreneurship
  • Quantitative Techniques


Vocational and Skill Enhancement Courses 

  • Investment Planning
  • Marketing and Human Resource management in Accounting and finance

Ability Enhancement Courses (Any one)

  • Group Communication

Value Education Courses

  • Environment Studies II

Co-Curricular (Any One)

  • National Service Scheme Studies – II
  • National Cadet Corp Studies – II
  • Department of Lifelong Learning & Extension Studies – II
  • Introduction to Indian Performing Arts – II
  • Yoga Education – II
  • Sports and Fitness Studies – II
  • Green Credit – II

Exit option: Award of UG Certificate in Major with 40-44 credits and an additional 4 credits core NSQF course/ Internship OR Continue with Major and Minor

SEMESTER 3


Major

  • Cost Accounting-III
  • Financial Accounting

Minor

  • Organizational Behavior

Generic/ Open Elective Courses (Any one)

  • Information Technology
  • Quantitative Techniques


Vocational and Skill Enhancement Courses 

  • Business Law – I


Ability Enhancement Courses (Any one)

  • Direct Tax – I

Field Projects

  • Research Project

Co-Curricular (Any One)

  • National Service Scheme Studies – III
  • National Cadet Corp Studies – III
  • Department of Lifelong Learning & Extension Studies – III
  • Cultural Activities (Fine/ Applied/ Visual/ Performing Arts)
  • Yoga Education: Spiritual and Scientific Personality
  • Sports and Fitness Studies – III

SEMESTER 4


Major

  • Cost Accounting IV
  • Management Accounting -III

Minor

  • Risk Management V

Generic/ Open Elective Courses (Any one)

From Swayam Portal

  • Project Management
  • Introduction to Investment Management
  • Business Fundamentals for Entrepreneur
  • Business Forecasting
  • Advance Corporate Strategy

Vocational and Skill Enhancement Courses 

  • Business Law – II 


Ability Enhancement Courses (Any one)

  • Direct Tax – II

Community Engagement Program

  • Financial Literacy

Co-Curricular (Any One)

  • National Service Scheme Studies – IV
  • National Cadet Corp Studies – IV
  • Department of Lifelong Learning & Extension Studies – IV
  • Cultural Activities (Fine/ Applied/ Visual/ Performing Arts)
  • Yoga Education: Science of Living and Health
  • Sports and Fitness Studies – IV

Exit option: Award of UG Certificate in Major with 80-88 credits and an additional 4 credits core NSQF course/ Internship OR Continue with Major and Minor

SEMESTER 5(Non NEP)


Core Courses
Financial Management – II
Cost Accounting – III
Risk Management
Open Elective Courses (Any four from the below list)
Indirect Tax
Fundamentals of Investment Banking
Marketing in Digital Era
Business Valuation
Marketing of Financial services
Management Application

SEMESTER 6(Non NEP)


Core Courses
Financial Management – III
Security Analysis & Portfolio Management
Business Ethics
Open Elective Courses ( 3 credits per course)(Any four from the below list)
Alternative Investments
E-Commerce
Indirect tax – II
Project Work
Economics
Management Control System

SEMESTER 7


Major

  • ……
  • …..
  • …..

Minor

  • …..

Generic/ Open Elective Courses (Any one)

  • …..
  • …..


Vocational and Skill Enhancement Courses 

  • …..


Ability Enhancement Courses (Any one)

  • …..
  • …..
  • …..

Field Projects

  • …..

SEMESTER 8


Major

  • …..
  • …..
  • …..

Minor

  • …..

Generic/ Open Elective Courses (Any one)

  • …..
  • …..


Vocational and Skill Enhancement Courses 

  • …..


Ability Enhancement Courses (Any one)

  • …..
  • …..
  • …..

Community Engagement Program

  • …..

The admission procedure usually starts in June after the results of class X/XII/Degree college are declared.

  • Fill the Pre-enrollment form of the University of Mumbai through the University portal https://muadmission.samarth.edu.in/
  • Choose the Autonomous option for your desired program to secure admission at KES Shroff College.
  • Fill College online admission form on www.kessc.edu.in
  • Upload a copy of the pre-enrollment form, HSC mark sheet/digital result, caste/reservation certificate if applicable, and E-Suvidha ticket.
  • On the declaration of merit list (first then second and then third if required), pay the fees along with submission of the documents such as Undertaking regarding admission confirmation, SSC(X mark sheet), HSC, Leaving Certificate, Adhar card, scanned copy of Cheque book leaflet/bank account details and transfer certificate in case the student is from outside Maharashtra.
  • For Programmes running under AICTE the MH-CET scorecard is a must.
  • For further details and to know more about the college visit www.kessc.edu.in

Eligibility for FYBCMA

A candidate for being eligible for admission to the Bachelor of Commerce (Investment Management) degree course shall have passed XII std. examination of the Maharashtra State Board of Secondary & Higher Secondary Education or its equivalent and secured not less than 45% marks in aggregate (40% in case of reserved category) at one and the same sitting. Every candidate admitted to the degree course in the constituent/affiliated college/recognized institution, conducting the course, shall have to register himself/herself with the University. 

Eligibility for SYBCMA

A candidate with all papers is allowed to keep terms for admission in second year.

Eligibility for TYBCMA

A candidate is allowed to keep terms in not more than two papers of previous semester, but needs to clear at least one year i.e. FY or SY.

A student shall not be allowed to keep term (ATKT) in Third Year only if he/she fails in not more than two subjects in each of semester III and semester IV of Second year. Student he/she must have passed First year semester I & II in full.

Total no. of Seats: 60

Reservation of Seats: Reservations are as per the Government policy.

Fees: As prescribed by the University of Mumbai. The details have been mentioned on the college Notice board and the College website http://www. www.kessc.edu.in

Duration of Programme: 8 Semesters spread over 4 years.

Enforcement of Attendance:

Our college is a pioneer institute in introducing the computerized attendance system. The computerized defaulters’ lists are displayed division wise regularly at the end of every month on the Students Notice Board. The students failing to fulfill the required attendance shall be DETAINED and shall not be permitted to take the Annual / Board examination. Warning letters from the Principal are sent to parents of the defaulting students. The letters are given to the concerned students by the class teachers in the classrooms. The students must hand over these warning letters to the parents. Students should note that fulfilling the attendance requirement alone will not qualify them to appear for the examination. Their academic performance should also be to the satisfaction of the principal.

General Rules & Regulations:

  1. Every student should obtain an ID card and show at the entry
  2. Students should not loiter in the corridors when the lectures are engaged
  3. Giving proxy attendance is a serious act of indiscipline
  4. Students applying for certificates/testimonials and attestation should first contact the college office
  5. Ragging is strictly prohibited on the college premises
  6. The use of mobile phones inside the college is strictly prohibited. If caught using a cell phone it is confiscated for a period of 1 year

Punitive Measures:

  1. Warning
  2. Cancellation of admission
  3. Refusal to grant admission in future
  4. Withholding or withdrawing of University exam form
  5. Expulsion / rustication from college
  6. Fine not exceeding Rs. 300
  7. Non-refund of fees and deposits
  8. Suspension for a specified period