If you aspire to have a successful career in the corporate world, obtaining a Bachelor of Commerce (B.Com) degree can be a great stepping stone. B.Com program at SMS Varanasi is designed to provide students with a solid foundation in business and commerce, equipping them with the knowledge and skills necessary to excel in the corporate environment.
Not all B.Com programs are created equal, and choosing the right one can make a significant difference in your career prospects. In this blog, we will explore why SMS Varanasi offers the best B.Com program to prepare for the corporate world, considering various factors that make a program stand out.
B.Com Curriculum and Course Content
The curriculum and course content of a B.Com program is essential to take into account when looking for the best program to prepare for the corporate world. A comprehensive curriculum that covers various aspects of business and commerce will provide you with a well-rounded education and prepare you for the diverse challenges of the corporate environment.
B.Com at SMS Varanasi is a 3-year program that covers the following core courses:
Business Organisation
Get a comprehensive insight into how businesses are organized, operated and managed with this course. It covers topics such as business structures, organisational principles, legal aspects and corporate governance.
Business Statistics
In Business Statistics, students learn to analyse and interpret quantitative data for decision-making purposes. This course focuses on various statistical techniques used in the business world, such as descriptive statistics, probability theory, correlation and regression analysis.
Business Management
We cover a wide range of essential business management topics in this course, including strategic planning and decision-making, organisational behaviour, human resource management and operations management.
Financial Accounting
A very important aspect of any B.Com program, this course provides a comprehensive introduction to financial accounting principles and practices. It covers topics such as financial statements, budgeting, cost accounting and auditing procedures.
Computerised Accounting
The Computerised Accounting course provides students with the necessary skills to use various accounting software for data entry, analysis and reporting. This is a valuable skill in any modern business environment.
Company Law
To succeed in the corporate world, a candidate needs to have a good understanding of company law. This course covers the basics of company formation and dissolution, shareholders’ rights, directors’ duties, mergers and liquidations.
Cost Accounting
This course introduces students to the principles and methods of cost accounting. It covers topics such as job costing, standard cost systems, activity-based costing and budgeting.
Income Tax Law and Accounts
This course covers the fundamentals of income tax and accounts, covering topics such as preparing income tax returns, calculating taxable income and computing tax liabilities.
Fundamentals of Marketing
In this course, students are introduced to the basic concepts and principles of marketing. It covers topics such as market segmentation, product positioning, pricing strategies and advertising techniques.
Digital Marketing
The Digital Marketing course introduces students to the fundamentals of digital marketing and its applications in today’s business world. It covers topics such as search engine optimisation (SEO), content marketing, social media advertising and analytics.
Corporate Accounting
This course provides an overview of corporate accounting and covers topics such as financial statement preparation and interpretation, company taxation and capital budgeting.
Goods and Services Tax
The GST course covers the fundamentals of goods and services tax in India, including registration procedures, payment of taxes and filing returns.
Accounting for Managers
This course introduces the basics of managerial accounting and covers topics such as cost analysis, performance evaluation, budgeting and decision-making.
Auditing
One of the most important courses of the B.Com program, Auditing introduces the fundamentals of auditing and covers topics such as audit planning, sampling techniques and risk assessment.
Students can major in:
Business Communication
This course introduces students to the fundamentals of effective business communication, covering topics such as written and oral communication, negotiation skills and presentation techniques.
Introduction to Computer Application
The Computer Application course covers the basics of computer programming, including concepts such as object-oriented design, algorithms and data structures.
Business Economics
In Business Economics, students learn about the principles and concepts of economics, covering topics such as demand and supply analysis, economic policy formulation, market structures and microeconomics.
Essentials of E-Commerce
The e-commerce course introduces students to the fundamentals of online business, covering topics such as digital marketing, payment gateway integration and web analytics.
Business Regulatory Framework
It is essential for B.Com students to be aware of the business regulatory framework in India to be job-ready. This course covers the basics of contract, company and Intellectual Property Law.
Inventory Management
In the business world, it is essential to manage inventory effectively. This course covers topics such as stock control, purchasing and supply chain management.
Fundamentals of Entrepreneurship
The essence of the world of commerce is entrepreneurship. This course introduces students to the basics of business and covers topics such as opportunity assessment, financial management and Intellectual Property Rights.
Tourism and Travel Management
Students who have an interest in tourism and travel can explore the various facets of this industry in this course, covering topics such as customer service, tour planning and hospitality management.
Business Finance
No one can deny the importance of business finance in the world of commerce. This course covers topics such as financial statement analysis, investment decisions and working capital management.
Principles and Practices of Insurance
One needs to insure their business in order to protect it from unforeseen risks and damages. This course covers topics such as risk assessment, insurance policies and claims management.
Monetary Theory and Banking in India
Banks play an important role in the Indian economy. This course covers topics such as banking regulations, monetary policy and NPA (Non-performing Assets) management.
Financial Market Operations
Learn how financial markets operate and the various instruments used in them such as stocks, bonds and derivatives. This course covers topics such as capital market theory, investments and portfolio management.
Human Resource Management
The HRM course introduces students to the basics of personnel management and covers topics such as recruitment, performance evaluation, training and development.
Business Ethics and Corporate Governance
Ethics are essential in the world of business. This course covers topics such as corporate responsibility, integrity and compliance with laws and regulations.
B.Com students can choose minor electives from the following courses:
Computer Fundamentals & Office Automation
A minor elective introducing students to the fundamentals of computers and office applications, including concepts such as Microsoft Office Suite.
Digital Electronics & Computer Organization
Good for students who are interested in computer hardware, this course covers topics such as Boolean algebra, logic gates and computer architecture.
Management Information Systems
The MIS course covers topics such as database management, system analysis and design and network security.
Operating System
A B.Com student with a knowledge of operating systems will be better prepared to enter the corporate world. This course covers topics such as scheduling algorithms, memory management and process synchronization
International Business
With International Business as a minor, a Commerce student can explore the complexities of global trade, covering topics such as foreign exchange, international finance and global marketing.
Indian Knowledge System
It is the USP of SMS Varanasi to teach its B.Com students about the traditional economic and business practices of India. This course covers topics such as ancient trade, taxation principles and Indian philosophy.
Strategic Management
Learning about strategy and how to strategize is an important part of the corporate world. This course covers topics such as competitive analysis, stakeholder management and leadership.
Rural Development
Students should choose this minor if they are interested in learning about the rural economy of India and how it has grown in recent times. This course covers topics such as cooperative banking, rural markets and decentralised planning.
B.Com students will pursue some of the following vocational courses:
Marketing & Salesmanship
Choose this vocational course to learn about the principles of marketing and salesmanship. Topics covered include market segmentation, product positioning and distribution networks.
Business Analytics and Data Science
You should know about business analytics when you step into the corporate world. This course covers topics such as data mining, predictive analytics and machine learning.
Advertising Management
If you know about ad management, you will be able to make informed decisions in the corporate world. This course covers topics such as media planning, creative strategy and brand positioning.
Event Management
Knowledge of event management comes in handy if you have to manage corporate events. This course covers topics such as budgeting, planning and execution of events.
Retail Management
Retail managers have a bright future in the corporate world. This course covers topics such as retail planning, store design and visual merchandising.
Supply Chain & Logistic Management
Some knowledge about supply chain and logistic management is essential for the corporate world. This course covers topics such as inventory control, quality management and shipping coordination.
Data Analysis using Excel & SPSS
Excel is increasingly becoming the go-to tool for data analysis in the corporate world. This course covers topics such as basic and advanced Excel formulas, pivot tables and SPSS (Statistical Package for Social Sciences) techniques.
E-Taxation
The digital economy requires a good understanding of taxation. This course covers topics such as GST (Goods & Services Tax), e-commerce tax and tax compliance.
Co-Curricular courses B.Com students have to do include:
Food, Nutrition and Hygiene
This course is being promoted at the undergraduate level is that it fosters awareness about food safety, nutritious meals and hygiene. Young adults must know about food and nutrition to remain healthy.
First Aid and Health
All responsible citizens should know about first aid and health. This course covers topics such as wound management, CPR (Cardiopulmonary Resuscitation) and basic anatomy.
Human Values and Environmental Studies
This co-curricular course gives students a good understanding of human values and their relationship with the environment. Topics covered include sustainable living, climate change and global warming.
Physical Education and Yoga
To succeed in a career, you must first be at the peak of your physical and mental health. This course covers topics such as exercise, diet and yoga that can help you achieve that.
Analytical Ability and Digital Awareness
Decision-making is a crucial skill in the corporate world and it can be honed through analytical ability. Digital awareness helps students understand how technology can improve their work.
Communication Skill and Personality Development
Last but not the least, communication and personality development are important for the corporate world. This course covers topics such as interpersonal skills, public speaking and presentation techniques.
In the fifth semester, students undergo Summer Training or do a Survey Project. In the Summer Training, students are required to go to a corporate organization and observe the functioning of different departments. Alternatively, they can opt for Survey Projects where they will have to do surveys of local businesses and analyse the data collected. This provides students with actual experience in the corporate world, which helps them better prepare for a job after graduation.
In the sixth semester, students need to write a Dissertation Project Report and undergo a Comprehensive Viva Voce. The viva voce helps the students in honing their communication and presentation skills, which are essential for success in the corporate world. The dissertation project report gives students an opportunity to delve into a particular area of interest and develop their research skills.
Faculty and Teaching Methodology
The faculty and teaching methodology of a B.Com program plays a crucial role in the quality of education you will receive. Look for programs that have experienced and qualified faculty members who have expertise in their respective fields.
Faculty members who have industry experience can provide you with valuable insights into the corporate world and help you bridge the gap between theory and practice.
SMS Varanasi, for example, not only has bright full-time faculty members but also invites guest lecturers from different industries and academicians from other renowned universities to provide their valuable input. The teaching methodology is student-centric and focuses on active learning and practical problem-solving.
Consider programs that use innovative teaching methodologies, such as case-based learning, simulations, group projects, and guest lectures, as these can make your learning experience more engaging and practical.
Industry Exposure and Networking Opportunities
One of the key aspects of preparing for the corporate world is gaining industry exposure and building a strong professional network. Look for B.Com programs that offer ample opportunities for industry exposure, such as guest lectures by industry experts, industry visits, and corporate internships.
These opportunities can help you understand the practical application of business concepts and develop a better understanding of the corporate environment. Moreover, programs that provide networking opportunities, such as alumni networks, career fairs, and networking events, can help you build valuable connections with professionals in the industry, which can be beneficial for your career advancement.
Soft Skills Development
At SMS Varanasi, we recognize that success in the corporate jungle often depends on more than technical knowledge. That’s why our focus is to develop your soft skills such as communications, leadership and problem-solving – giving you a unique edge over other job applicants.
Our workshops, seminars and training sessions can help sharpen those abilities even further so employers won’t be able to ignore how much of an asset you’ll be!
Career Support and Placement Assistance
Another important aspect to consider when looking for the best B.Com program to prepare for the corporate world is the career support and placement assistance offered by the program. SMS Varanasi has a dedicated career services centre that provides guidance and support in career planning, job search strategies, resume writing, interview preparation, and networking.
We offer programs that have a strong track record of placing their graduates in reputable companies and presenting students with a wide range of placement opportunities can be advantageous for your career prospects.
Accreditations and Affiliations
Accreditations and affiliations of a B.Com program can also be indicative of its quality and relevance to the corporate world. SMS Varanasi is an autonomous college and the B.Com program it offers is affiliated with Mahatma Gandhi Kashi Vidyapith (MGKVP), Varanasi.
Founded in 1921 as Kashi Vidyapith, Mahatma Gandhi Kashi Vidyapith is a renowned public university situated in the spiritual city of Varanasi. Under state legislature governance from the Uttar Pradesh government, it serves to be an educational hub for many aspiring students across India.
