Semester-wise Syllabus for M.Com (Master of Commerce) in Cost & Management Accounting

Semester 1: Foundation & Core Subjects

1. Advanced Cost Accounting

   • Cost concepts, classification, and methods

   • Job, batch, and contract costing

   • Activity-Based Costing (ABC)

   • Cost sheet preparation

2. Financial Accounting & Reporting

   • Accounting standards (Ind AS/IFRS)

   • Financial statement analysis

   • Corporate financial reporting

3. Business Economics

   • Micro & macroeconomics concepts

   • Demand analysis, pricing strategies

   • National income and fiscal policies

4. Quantitative Techniques for Business

   • Statistical tools for decision-making

   • Linear programming, forecasting methods

   • Probability and risk analysis

5. Business Laws & Corporate Governance

   • Companies Act, SEBI regulations

   • Corporate governance & ethics

   • Contract laws & consumer protection

Semester 2: Specialization in Cost & Management Accounting

1. Management Accounting

   • Budgeting & budgetary control

   • Variance analysis (standard costing)

   • Performance measurement (ROI, EVA)

2. Financial Management

   • Capital budgeting (NPV, IRR)

   • Working capital management

   • Cost of capital & leverage

3. Indirect Taxes (GST & Customs)

   • GST laws, compliance, and filing

   • Customs duty & import/export regulations

4. Cost Control & Reduction Techniques

   • Target costing, Kaizen costing

   • Value engineering & life-cycle costing

5. Research Methodology in Accounting

   • Research design, data collection

   • Statistical tools for accounting research

Semester 3: Advanced Specialization & Practical Applications

1. Strategic Cost Management

   • Balanced Scorecard

   • Activity-Based Management (ABM)

   • Transfer pricing & decision-making

2. Advanced Financial Reporting

   • Consolidated financial statements

   • Accounting for mergers & acquisitions

3. Auditing & Assurance

   • Internal & statutory audits

   • Cost audit & management audit

4. Elective (Choose one)

   • International Taxation

   • Corporate Restructuring

   • Forensic Accounting

5. Case Studies in Cost & Management Accounting

   • Real-world business scenarios

   • Problem-solving using costing techniques

Semester 4: Research & Professional Development

1. Project & Dissertation

   • Independent research in cost/management accounting

   • Submission of a thesis

2. Strategic Management

   • SWOT, PESTLE analysis

   • Business policy & competitive advantage

3. Elective (Choose one)

   • Business Analytics for Accounting

   • Sustainability Accounting

   • Risk Management

4. Professional Certification Preparation

   • CMA (Certified Management Accountant)

   • CIMA (Chartered Institute of Management Accountants)

5. Internship/Viva-Voce

   • Industry training & practical exposure

Key Skills Developed

✔ Cost analysis & control
✔ Budgeting & forecasting
✔ Financial decision-making
✔ Tax planning & compliance
✔ Research & analytical skills