Master of Commerce (Advanced Accounting)

The Master of Commerce in Advanced Accounting (M.Com) program at KES Shroff College is designed to provide students with an extensive understanding of accounting principles, practices, and financial management. This program equips students with the advanced skills and knowledge required to excel in the accounting and finance industry.

Program Highlights:

  • Modern Facilities: Access to state-of-the-art computer labs, accounting software, and financial databases ensures that students are proficient in using industry-standard tools and technologies.
  • Comprehensive Curriculum: The program covers key areas such as financial accounting, managerial accounting, auditing, taxation, corporate finance, and financial reporting. Students gain a robust foundation in advanced accounting concepts.
  • Industry-Relevant Skills: Emphasis on practical skills such as financial analysis, strategic financial management, risk assessment, and decision-making. These skills are essential for thriving in the competitive accounting industry.

The M.Com Advanced Accounting program at KES Shroff College prepares students to meet the demands of the rapidly-growing IT industry. Here’s how our program helps students achieve the best:

  • Advanced Knowledge: The program provides an in-depth understanding of advanced accounting practices and financial management, making graduates highly competent in their field.
  • Diverse Career Opportunities: An M.Com in Advanced Accounting opens up various career paths in public accounting, corporate finance, auditing, taxation, consulting, and financial analysis.
  • Professional Growth: The advanced skills and knowledge acquired during the program enable students to pursue higher-level positions in the accounting and finance industry, leading to significant professional growth.
  • Certification Preparation: The curriculum is designed to help students prepare for professional certifications such as Chartered Accountant (CA), Certified Public Accountant (CPA), and Certified Management Accountant (CMA), enhancing their qualifications and career prospects.

Choosing the M.Com Advanced Accounting program at KES Shroff College means committing to a path of excellence, growth, and professional success. Our comprehensive approach to education ensures that our students are not only academically proficient but also well-equipped to face the challenges of the accounting and finance industry with confidence and competence. Experience the difference at KES Shroff College and take the first step towards a successful and fulfilling career in advanced accounting.

PEO1 Understand the financial report audit process, beginning with accepting clients, followed by understanding the client, evaluating business risk and assessing inherent risk

PEO2 Apply critical thinking and problem-solving skills related to Accountancy of individuals, flow through entities, and corporations. In addition, students will recognize potential opportunities for Accountancy

PEO3 Develop the skills in application of research methods

PEO4 Explain key differences in taxing policies related to expatriates and the countries they live and work in – allowing them to reflect on cultural and ethnic differences in approaches to business and taxation policies.

A student with a M.Com will have the ability to

PO1 Learner will be able to develop conceptual, applied and research skills as well as competencies required for effective problem solving.

PO2 Learners will be capable of making a positive contribution to commerce, trade and industry in the national and global context.

PO3 Learners will recognize the need for adapting to change and have the aptitude and ability to engage in independent and life – long learning in the broadest context of socio-economic, technological and global change.

PO4 Learners will be able to apply frameworks and tools to arrive at informed decisions in profession and practice, striking a balance between business and social dimensions

Graduates of the M.Com Advanced Accounting program at KES Shroff College are well-equipped to pursue a variety of lucrative and fulfilling career paths, including:

  • Public Accounting: Roles in audit and assurance, tax advisory, and forensic accounting at top accounting firms.
  • Corporate Finance: Positions such as financial analyst, budget analyst, corporate controller, and chief financial officer (CFO) in multinational corporations and SMEs.
  • Auditing: Opportunities as internal auditors, external auditors, and compliance officers in various industries.
  • Taxation: Careers in tax planning, tax consulting, and tax compliance for individuals and businesses.
  • Financial Consulting: Advisory roles in financial planning, investment strategy, and risk management for consulting firms.
  • Government and Non-Profit: Accounting and financial management positions in government agencies, non-profit organizations, and educational institutions.
  • Academia and Research: Opportunities to teach, conduct research, and contribute to academic scholarship in accounting and finance.

SEMESTER 1


Major

  • Strategic Management
  • Cost and Management Accounting
  • Business Ethics and Corporate Social Responsibility
  • Economics for Business Decisions

Discipline Specific Elective Courses (Any one)

  • Marketing Strategies and Practices
  • Financial Services
  • Commercial Bank Management

Research Methods

  • Research Methodology

SEMESTER 2


Major

  • Entrepreneurship management
  • Corporate Finance
  • E-Commerce
  • Macro Economics concepts and Applications

Discipline Specific Elective Courses (Any one

  • Event Management
  • Personal Financial Planning
  • Central Banking

On Job Training / Field Projects

  • Black Book

SEMESTER 3


Major

  • Advanced Financial Accounting
  • Direct Tax
  • Advanced Cost Accounting
  • Advanced Auditing

Generic/ Open Elective Courses (Any one)

  • Financial Reporting
  • International Business
  • Modern Banking Theories

On Job Training / Field Projects

  • Black Book

SEMESTER 4


Major

  • Corporate Financial Accounting
  • Indirect Tax- Introduction of Goods and Service Tax
  • Financial Management

Generic/ Open Elective Courses (Any one)

  • International Financial Reporting Standards
  • Organizational Behavior
  • International Banking and Finance

On Job Training / Field Projects on-Curricular

  • Black Book

The admission procedure usually starts in June after the results of Undergraduate Progams are declared.

  • Apply for the PG CET exam conducted by KES Shroff College.
  • After getting shortlisted for the admission to M.Sc. IT progra on the basis of PG CET exam students can apply for admission as menstioned in next step.
  • Fill College online admission form on www.kessc.edu.in
  • Upload a all the necessary documents as prescribed on the admission portal.
  • Complete the payment and download the payment receipt and admission form.
  • For further details and to know more about the college visit www.kessc.edu.in

Eligibility for Master of commerce (Advanced Accounting) (Part 1)

  • A candidate for being eligible for admission to the course leading to the degree of Master of commerce must have passed the examination for the degree of Bachelor from any discipline with 45% of this University or bachelor’s degree with 45% of another University recognized as equivalent thereto.
  • Any Bachelor’s Degree in any subject from a Statutory University.

Eligibility for Master of commerce (Advanced Accounting) (Part 2)

  • A candidate is eligible for admission in MCom Part II if she/he have passed in Master of commerce (Advanced Accounting) Part I.
  • Allowed to keep term (ATKT) before/after supplementary exams.

Total no. of Seats: 80

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.kessc.edu.in

Duration of Programme: 4 Semesters spread over 2 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