PREAMBLE OF THE COURSE
The Department of Commerce is one of the fast growing, single-site department with a proud history of achievement and an ambitious agenda for the future. The department will strive to become the center of Excellence in Research and Consultancy in Financial Studies and other related discipline. A globally respected department that shapes commerce practices in India and abroad by creating new frontiers of knowledge and developing ethical, dependable, entrepreneurial and socially sensitive leaders- managers committed to excellence.
One of the most obvious career options available to commerce students is the Accountants. Educational background in commerce also gives an edge to the students interested in a career in Insurance and stock market. The more ambitious and brighter ones can opt to become Chartered Accountants, Cost and Work Accountants and Company Secretary. The Department imparts knowledge and training to the students on Accounts, Management and allied subjects with computer orientation whenever needed, to prepare them as successful executives and businessmen. The curriculum is suitably designed to train the students to face social and economic challenges, to lead the society and bring perfection in entirety.
DEPARTMENT OF COMMERCE
B.Com
Objectives:
- To impart the theoretical knowledge on various aspects relating to commerce.
- To train the students on the basic and advanced accounting principles and procedures those are applied to modern commercial aspects.
- To provide the information required for planning and control of business operations.
- To provide knowledge to apply accounting techniques to analyze and interpret financial Statements.
- To impart the accounting systems followed by department, branch and manufacturing business firms.
REGULATIONS FOR B.COM DEGREE COURSE
(2011-2014)
1. Eligibility for Admission to the Course
Candidate for admission to the first year of the UG Degree Course shall be required to have passed the Higher Secondary Course Examination [Academic or Vocational] conducted by the Govt. of Tamilnadu / any other Examination considered equivalent thereto.
2. Duration of the Course
The Course shall extend over a period of three Academic Years that consists of six Semesters with two Semesters in each Academic Year. There shall not be less than 90 instructional days or 450 hours for each semester. The first, the third and the fifth semesters shall be from July to November and the second, the fourth and the sixth semesters shall be from December to April in an Academic Year. Examinations shall be conducted at the end of every Semester for the respective papers. The practical examination shall be conducted at the end of each semester.
3. Medium of Instruction
The medium of instruction and examinations for the paper under Part I and II shall be in the language concerned. For part III, the medium of instruction and examination shall be English.
4. Course of Study and Examination
The Course of study for the UG Degree Course shall consist of the following:
Part I Language, Part II English, Part III Core and Allied IV and Part V (Appendix I).
Part – I Tamil
Tamil or any one of the Foreign / Indian languages, viz, Malayalam, Hindi, French.
The subject shall be offered during the first two semesters with examination at the end of each semester.
Part – II English
The subject shall be offered during the first four semesters with examination at the end of each semester.
Part – III
Core / Allied / Industrial Training /Major Project.
a. Core
Core consists of theory and practical and the examinations shall be conducted at the end of each semester. All the core papers consist of Practical in fifth Unit and Theories in remaining four units.
b. Allied Courses
There are four Allied papers. The Allied I is MS & Office in the FIRST semester , Allied II is Business Mathematics in the SECOND Semesters. The Allied III is Business Statistics in THIRD and Allied IV is Business Economics in FOURTH Semesters. All the allied papers consist of Practical in fifth Unit and Theories in remaining four units .The examination shall be conducted at the end of each semester.
c. Non Major Elective
Non Major Elective is provided to other department students. It is offered in Third and fourth semester.
d. Industrial Training
The Industrial Training shall be carried out during summer vacation after FOURTH semester and before the commencement of FIFTH semester. The report shall be valued in the end of FIFTH semester.
e. Project Work (Major)
The Major Project Work shall start at the end of III Year i.e., during the 6th semesters. The Project Report shall be submitted at the end, of the 6th Semester. The project can be individual.
Part – IV
a . Value Education
The students shall study the paper: Value Education – General Awareness in the FIRST Semester. The examination shall be conducted at the end of FIRST Semester.
b.Environmental Studies
The students shall study the paper: Environmental Studies in the SECOND Semester. The examination shall be conducted at the end of SECOND Semester.
Part – V
Extension Activities – NSS / NCC / Sports - every student is encouraged to participate in any one of the programmes, viz. NSS / NCC /Physical Education.
The above activities shall be conducted inside and outside the regular working hours of the University.
NSS students shall visit at least one of the following in every year, old age home orphanage home and shall submit the report for valuation during the VI Semester.
5. Requirements to appear for the University Examinations.
a. A candidate will be permitted to take the University Examination of any semester, if
i) The Candidate secures not less than 75% of attendance during the semester and
ii) The conduct of the candidate has been satisfactory.
b. A candidate who has secured attendance between 74% and 65% (both included), due to medical reasons (Hospitalization / Accident / Specific Illness), shall be permitted to take the examination on the recommendation of the Head of the Department to condone the lack of attendance as well as on the payment of the prescribed condonation fees to the University. The Head of the Department has to verify and certify the genuineness of the case before recommending for condonation.
c. However, a candidate who has secured attendance between 50% and 64% (both included) in the current semester is not eligible to write the examination in current semester subjects but is permitted to continue his / her studies in the next semester provided that this is the first time that the candidate earned attendance between 50% and 64%. Else the candidate has to discontinue the course and re-join in the same semester in the next year with proper approval of the Registrar. However, the candidate is eligible to write arrear subjects if any.
c. A candidate who has secured less then 50% of attendance in any semester will not be permitted to take the regular examination and to continue the study in the subsequent semester. The Candidate has to redo the course by rejoining the semester in which attendance is less than 50% with proper approval of the Registrar.
6. Restriction to the number of attempts to take the Examinations
a. Any candidate having arrear paper[s] shall have the option to take the Examinations in any arrear paper along with the subsequent regular semester papers
b. Candidates who fail in any of the papers under Part I and II shall complete the paper[s] concerned within five attempts inclusive of the first Examination conducted in the paper concerned for that batch of candidates. If they fail to do so they shall take the Examination in the revised Text / Syllabus, if any, prescribed for the immediate next batch of candidates.
c. Candidates who fail in any of the papers shall pass the paper[s] concerned within 5 years from the date of admission to the said course. If they fail to do so they shall take the examination in the revised Text / Syllabus, if any, prescribed for the immediate next batch of candidates. If there is no change in the Text / Syllabus they shall take the Examination in that paper with the syllabus in vogue until there is a change in the Text or Syllabus.
d. In the event of removal of any paper consequent to the change of Regulations and / or Curriculum after a 5 year period, the candidates shall have to fulfill the requirements as per the changed Regulations / Curriculum for the award of the Degree.
7. Continuous Internal Assessment (CIA)
The Internal Assessment for each paper (Theory / Practical / Project Work) shall be 40%. The distribution of marks shall be as stated below.
Theory Marks
Test : 10
Models : 15
Seminar : 05
Assignment : 05
Attendance : 05
Total : 40
Practical Marks
Model Test : 20
Observation : 15
Attendance : 05
Total : 40
Marks for Attendance
Percentage Marks
96% and above - 5.0
91 – 95 - 4.0
86 – 90 - 3.0
81 - 95 - 2.0
76 - 80 - 1.0
75 and less - 0
8. End Semester Examination (ESE) - Evaluation
a. Theory
There shall be single valuation for all papers.
b. Practicals
There shall be combined valuation. The pattern of distribution of marks shall be as given below.
Experiments : 40 Marks
Record : 10 Marks
Viva-voce : 10 Marks
Total : 60 Marks
Record Notebooks for Practical Examinations
Candidates taking the practical Examinations should submit Bonafide Record Note Books prescribed for the practical Examinations. Otherwise the candidates will not be permitted to take the Practical Examinations.
In case, a candidate fails in the Practical Examination, the marks awarded for the record at the time of first appearance for the Practical Examination should be made available by the University to the Examiners at the subsequent appearance by the candidate.
c. Project Work (Major)
The marks / credit awarded to the project is as follows:
Project : 200 Marks (Internal 80 + External 120)
The external evaluation of the project shall be done by both the External Examiner and the Internal Examiner [Guide / Supervisor] and award marks jointly. In case the guide / supervisor is not available, the Head of the Department shall act as the Internal Examiner. The total credits for the project is 8 credits.
d. Internship / Industrial Training / Field Work / Minor Project
The Report of Industrial Training / Field visit / Internship / Summer Training / Minor Project, shall be a combined evaluation by the HOD and the External Examiner.
9. Passing Minimum
A candidate who secures not less than 40% of the total marks in any subject at the University Examination shall be declared to have passed the Examination in the subject.
A candidate who passes the Examinations in all the subjects under Part I, II III, IV and V shall be declared to have passed the whole Examination.
The passing minimum in CIA shall be 16 out of 40 and in ESE shall be 24 out
of 60.
10. Improvement of marks in the subjects already passed
Candidates desirous of improving the marks secured in a passed subject in their first attempt shall reappear once within a period of subsequent two Semesters. The improved marks shall be considered for classification but not for ranking. If there is no improvement there shall not be any change in the original marks already awarded.
11. Classification of successful candidates
A candidate who passes the Part I, Part II and the Part III Examinations in the first attempt within a period of the three years securing 75% and above in the aggregate under Part III, shall be declared to have passed the UG Degree Examinations in the First Class with Distinction.
A candidate who passes all the Examinations in Part I or Part II or Part III securing not less than 60% of the total marks in respect of that part shall be declared to have passed that part in the First Class.
A candidate who passes all the Examinations in Part I or Part II or Part III securing not less than 50% but below 60% of total marks in the Part III concerned shall be declared to have passed in the Second Class.
All other successful candidates shall be declared to have passed the Part III Examinations in the Third Class.
12. Honors Degree:
The candidate who have secured 75% and more marks in each I, II, III and IV semesters in Part III and have passed in single attempt shall be eligible to register for Honours degree. During the final year , they shall write two theory papers (self study) of 5 credits each.
The degree shall be awarded as B.Com (honours) provided he / she secures 75% and above in the Part III.
In case he/ she secures less than 75% marks, he / she shall be awarded the concerned UG degree without honors.
13. Conferment of the Degree
No candidate shall be eligible for conferment of the Degree unless he/she has undergone the prescribed Course of study for a period of not less than six semesters in the University or has been exempted there from in the manner prescribed and has passed the Examinations as have been prescribed.
14. Ranking
A candidate who qualifies for the UG Degree Course passing all the Examinations in the first attempt, within the minimum period prescribed for the course of study from the date of admission to the Course shall be eligible for ranking and such ranking will be confined to 10% of the total number of candidates qualified in that particular Course of Study subject to a maximum of 10 ranks.