Bachelor of Commerce (B. Com) in Corporate Secretaryship
Commerce is essential to the global economy. It encompasses everything related to the buying and selling of goods and services at both the wholesale and retail levels.
- Commerce involves the exchange of goods and services, often for a profit
- There are two branches of commerce – trade, and aids to trade.
- Trade can be either internal (within a country’s borders) or external (between countries).
- Aids to trade include transport, warehousing, distribution, advertising, insurance and banking.
- There are seven primary commerce business models: B2C (Business to Customers) , B2B (Business to Business), B2A (Business to Administration), C2A (Customers to Administration), C2C (Customers to Customers), C2B(Customers to Business) and DTC (Direct to Customers).
Commerce is defined as the exchange of goods and services between two or more entities. It typically involves buying and selling things of value. Commerce can take place between businesses, between consumers, or between businesses and consumers. Commerce involves an exchange of value and often generates a profit for one of the parties involved. It also includes services provided by companies and other organizations that facilitate the commerce exchange. Commerce is important to society in five essential ways:
- Commerce satisfies individual wants and needs
- Commerce links producers and consumers
- Commerce increases the standard of living
- Commerce creates employment opportunities
- Commerce generates profits
Corporate Secretaryship – Corporate is the future world. The governance in the corporate should be done effectively and efficiently. Yes, it is about corporate governance. Questions like, “How it is done?”, “Who does that?” and so on will arise. The Corporate Secretaryship and the corporate Secretary do it. The most important responsibility of a Corporate Secretary is to ensure the corporate governance of the organization. Corporate governance is essential for the development of capital markets and to protect the interest of investors.
The Corporate Secretaries are the gatekeepers, in the advent of the increasing number of corporate frauds and prevent such fraudulent. The day to day rise in the corporate industry has brought a major increase in demand for the corporate secretaries, corporate lawyers and more. The responsibility of the Corporate Secretaryship course includes preparing project reports, getting reports vetted by banks or other institutions and so on.
B.Com Corporate Secretaryship course is designed to provide students with a wide range of secretarial practice skills and understanding of various laws of company, banking, and industries to meet immediate growing needs for qualified manpower in the corporate world. The subjects for the corporate secretaryship are human resource management, financial accounting, essential spoken and presentation skills, business communication, microfinance, corporate accounting, statistics, marketing, management accounting, cost accounting, practical auditing, business regulatory framework, etc,
The main focus of the course is to train students in corporate governance, with excellence in secretarial practices and company laws. This is one of the basic level degree programs to start a career in commerce. In this branch of study, students are given in-depth knowledge in subjects like Financial Accounting, Company accounting, Company Law and Secretaryship Practice, Marketing / Corporate E-Management, Business Management, Industrial Laws, Income Tax Law & Practice, Indirect Taxes Project (Institutions Training), Commercial laws and many more.
Curriculum Focus:
Tamil-I | Company Law & Secretarial Practice |
Communicative English I | Cost Accounting |
Financial Accounting – I | Income Tax Law and Practice |
Business Organization | Entrepreneurial Development |
Computer Application in Business | Management Accounting |
English through Literature – I | Corporate Governance and Business Ethics |
Corporate Accounting I | Customs, Excise and Goods and Service Tax |
Business Law |
Career Pathways:
Accountant | Business Analyst |
Investment banking | Executive |
Consultant | Finance |
Finance Manager | Human Resource |
Auditor | Deputy Banker |
Programme Outcomes (PO’s):
POs | Description |
PO1 | Become knowledgeable in the subject of corporate laws and apply those provisions for the benefit of the employer /organization. |
PO2 | Gain analytical skills in the field of accounting and taxation. |
PO3 | Determine the professional ethics of the business and contribute for community living and nation building. |
PO4 | Enhance communication skills, team work, group dynamics and leadership qualities. |
PO5 | Provide solutions to overcome the challenges in the area of finance and administration. |
Program Specific Objectives (PSOs)
PSOs | Description |
PSO1 | A concrete exposure to the concepts of Accounting, General Laws, Finance,
Governance, CSR and Management. |
PSO2 | Imparting specific knowledge on Company law and secretarial practice. |
PSO3 | Motivate to become an entrepreneur and nurture the entrepreneurial skills. |
PSO4 | Hands on training in GST and Income tax returns filing, Accounting Software, Corporate Correspondence, venture creation and industrial training. |
PSO5 | Train to develop managerial skills individually and collectively for better corporate management at local and global level. |