B.Com. (Accounts & Finance)

Vision

The essence of the subjects studied by the students of this department has great depth. Therein lays the great value of this department to those pursuing professional courses. In short, the department caters to those aspiring CFOs and CAs in providing the right subjects in the right proportion, and ably guided by a set of experienced and highly motivating faculty, the department is a credit to the college.

Mission

The Department of Accounting and Finance provides students with the Bachelor of Commerce degree, with a substantial amount of specialization in the fields of accounting and finance.
This course is particularly suitable for those who wish to pursue a career in finance, most commonly, aspiring CA/CWA students.
This is mainly due to the course content, where greater emphasis is laid on such subjects that would help develop a career in these fields.
To enable the students to obtain a good understanding of how the financial aspects of a business need to be managed
To create nurture Accounting and Finance professionals who possess a high level of knowledge and competence to effectively contribute to society with commitment and integrity.

Programme Educational Outcome (PEOs)

PROGRAMME EDUCATIONAL OUTCOME (PEOS)

Students will demonstrate a general tax consciousness, including an understanding of the role of taxation in society and the development of skills related to the recognition of the tax problems..
To familiarize with communication motivation and leadership towards directing and to analyze the process of controlling system.
Formulating business problems and provide innovative solutions and molding the students into future visionaries and Management leaders.
Students will learn relevant Advanced accounting career skills, applying both quantitative and qualitative knowledge to their future careers in corporates.

Programme Outcomes (POs) & Programme Specific Outcomes (PSOs)

PROGRAM OUTCOMES (POs)

Study of this program will provide knowledge in the various areas of Accounts & Finance and laws relating to companies
Program includes various accounting courses, enables the students to gain theoretical and problem solving ability of the students.
These courses have opened the floodgates in the area of accounts and other core industries, and other professional studies CA, ICWA etc.
Courses of this program provide bright future in the IT fields, Software, Banks, Companies, BPOs and KPOs.
This program courses consist of both theoretical as well as good practical exposures to the students in the relevant areas to meet the industries expectations.
Courses of the program provide the cost benefit analysis and SWOT analysis enables the students for cost consciousness of each and every business operations.

PROGRAMME SPECIFIC OUTCOMES (PSOS)

Programme provides the outcome of Accounting, Banking, Cost Accounting, Management Accounting, Financial Management, Marketing Management,Financial Sercices, Human Resource Management in the Commerce.
Programme has opened the floodgates in the eve of software application jobs in the eve of trade Commerce, Business, Banking, and Insurance and in related eve of business. ❖ Self-employment confidences development
Students will get the practical skill to work as accountant, audit assistant, Tax consultant and computer operators, As well as financial supporting services.

Curriculum & Syllabus

CURRICULUM & SYLLABUS

MINIMUM CREDITS TO BE EARNED: 140

			Hours/Week				Maximum Marks
Category	Code	Course	Lecture	Tutorial	Practical	Credits	CA	SEE	Total
SEMESTER 1
LANG	21LT001/ 21LHIN00 1/ 21LFR001	Tamil I / Hindi I / French I	3	0	0	3	40	60	100
ENG	21LENG11	English I	3	0	0	3	40	60	100
CORE	21CBCF11	Financial Accounting – I	4	1	0	5	40	60	100
CORE	21CBCF12	Business Management	4	1	0	5	40	60	100
CORE	E 21CBCF13	Managerial Economics	5	0	0	5	40	60	100
AECC	21ABCF11	Communication Skills	1	0	2	2	40	60	100
SEC	21SBCF11	Orientation /Induction program/Life skills	-	-	-	-	-	-	-
			20	2	2	23

View full course curriculum

Curriculum & Syllabus – 2024

View full course curriculum

Career Prospects

CAREER PROSPECTS:

B.Com Accounts and finance degree offers huge benefits to the students such as strong job prospects, high earning potential, diverse career paths, valuable skills and knowledge, and opportunity for advancement.

Pursuing a degree in accounting or finance can be a wise investment in the professional future. These fields offer a wide range of career opportunities and high earning potential, making an attractive choice.

COST AND MANAGEMENT ACCOUNTANT– B.Com Accounts and finance students acquire knowledge and make study and collect data to determine the cost of business activity such as raw material purchases, inventory, labour, etc. They also suggest changes to policies & procedures to increase organisation’s cash flow.

CHARTERED ACCOUNTANT– B.Com Accounts and finance graduates can specialize, analyse and provide information/ report on the financial performance of the company for better business decisions. They can focus on areas including financial reporting, taxation, corporate finance, business recovery as well as insolvency.

FORENSIC ACCOUNTANT- Graduates can use a combination of accountancy and detective skills to investigate financial discrepancies and faults. They will be employed by public accounting firms, consulting firms (specialising in risk consulting & forensic accounting services), insurance companies, law enforcement agencies, government organisations, financial institutions, etc to resolve disputes or assist in fraud investigations.

PUBLIC ACCOUNTANT- B.Com Accounts and finance graduates can work as a Public accountants who can make financial recommendations, and perform taxes, audits, consultation, and accounting services for accounting firms, government organisations, individuals, etc. Their main responsibilities will be maintaining financial records and audits for investors and banks.

TAX ACCOUNTANT-B.Com Accounts and finance graduates can assist clients to companies to produce tax return documents that adhere to the laws and regulations. These graduates also use their knowledge to help create a financial plan for the clients to increase savings and avoid penalties. They may hold a permanent in-house position with businesses and work for payroll service providers, accounting firms, government agencies, insurance companies, and financial firms, or are even self-employed.

AUDITOR- Graduates can explore careers in auditor or reviewer user, his analytical skills to review financial statements, Accounting systems, fiscal records, etc to ensure that the companies have an accurate account of their financial information. They help companies in resolving issues, if any, and make sure they do not recur in future.

FINANCE MANAGER– B.Com Accounts and finance graduates can work as a finance manager manages and can make finances of an organisation to help ensure its continued viability. Graduates supervise some important functions in the firm such as managing capital and monitoring cash flow, determining profitability, allocation, and utilisation of financial resources, managing expenses, etc.

ACCOUNT MANAGER– Graduates can become Account managers and strategic partners and advisors to the clients who work together for a mutual benefit. These graduates manage to retain top customers, and nurture this relationship over time. With their excellent communication and organisational skills, they act as an interface between a company and the customer.

FINANCIAL CONTROLLER– A financial controller is essentially a company’s lead accountant and has an expansive responsibility for the entire accounting process. They are responsible for providing accurate and timely company records, managing IT, insurance, sales tax reporting, federal income taxes, etc.

FINANCE DIRECTOR B.Com Accounts and finance graduates may become senior finance professional who is involved in developing and implementing financial policies and procedures to optimise and maximise the return of the company’s financial assets. It is the second highest position in finance after the Chief Financial Officer (CFO) of a firm.

Average Salary based on Job Position

Job Positions	Average Salary (per annum)
Cost and Management Accountant (CMA)	INR 7.1 LPA
Chartered Accountant (CA)	INR 7 LPA
Forensic Accountant	INR 7.2 LPA
Public Accountant	INR 11 LPA
Tax Accountant	INR 3.6 LPA
Auditor	INR 3 LPA
Finance Manager	INR 13 LPA
Account Manager	INR 6 LPA
Financial Controller	INR 22.5 LPA
Finance Director	INR 43.6 LPA

Alumni Testimonials

VISTAS is an Institute of well acclaimed reputation that offers an unparalleled learning journey. The core culture of VISTAS is driven with a sense of integrity and thirst to excel in every aspect. The B.Com Accounting and Finance department offered me a launch pad for my professional career as a budding Chartered accountant. The learning experience offered by the department is comprehensive and designed to mirror the complexities of the real world. It also guides the students how to conquer them. This experience also enhanced my caliber to deal with the challenges I face at work so that I outperform in every project I undertake.

Mr. J Abhishek (B.COM(A&F) ) 2015 -2018

Audit Associate, Sundaresan & Associates

VISTAS proved to be a pool of opportunities for me and VISTAS offers unique combination of learning & self development. I got all the support & guidance from the faculties of B.Com Accounting & Finance Department. The comprehensive training programs offered by the department helped me to establish myself in my profession. They provided us with various platforms to showcase our abilities and skill. They also aided us to learn all soft skills that are highly required in my profession as an advocate. I humbly thank the faculty members of B.Com Accounting & Finance Department for the constant support and mentoring.

Mr. .B.Leo Christo (B.COM(A&F) ) 2011-2014

Advocate (High Court of Madras)

I feel cherished and proud of being part of the prestigious institution.

The knowledge and the experience I gained here has set a strong base for my professional career.

If you’re compassionate and open to learn, VISTAS will guide you to a fantastic life ahead.

Thiyagarajan Anbalagan (B.com 2009 to 2012)

DHL Global Forwarding Lead - HOP

Vels University is an Institute that does not teach only education, it also teaches you how to develop your personality. The B.Com (Accounting & Finance) department laid the base for the professional that i have achieved today. Department arranged for multiple campus interview that helped me to choose my profession. You get experience & guidance from the institution that helps you to face the real world. Professors allows students to create a very good bond with them, this helps students to approach them for any support. Finally, it’s not just a college, it was our home