Department of Commerce CO PO
Department of Commerce
PO – 1: After completing three years for Bachelors in Commerce program, Learners would gain a thorough grounding in the fundamentals & comprehensive knowledge of Commerce, Finance, Accountancy, Taxation and Business laws.
PO – 2: The commerce and Accountancy focused curriculum offers a number of specializations and practical exposures, which would equip the Learners to face the modern-day challenges in commerce and business.
PO – 3: The all – inclusive outlook of the course offer a number of values based and job oriented courses ensures that Learners are trained into up – to – date. In advanced accounting courses beyond the introductory level, affective development will also progress to the valuing and organization levels.
PO – 4: Equip with profession personal and entrepreneurial skills to achieve success in their professional careers with the specialized knowledge developed through practical training.
PO – 5: Gear up with updated knowledge in implementing business practices & employs the knowledge of accounting fundamentals and accounting specialization to find solutions to complex problems in all areas of business operations.
PO – 6: Get prepared to become as Chartered Accountant, Cost and Management Accountant & Company Secretary.
PSO – 1: To build a strong foundation of knowledge in different areas of Commerce & to expose Learners about entrepreneurship.
PSO – 2: Learners will be able to do higher education and advance research in the field of commerce and finance.
PSO – 3: Learners will demonstrate progressive affective domain development of values, the role of accountancy in society and business.
PSO – 4: Learners will be able to demonstrate progressive learning of various tax issues and tax forms related to individuals.
PSO – 5: Learners will be able to demonstrate knowledge in setting up a computerized set of accounting & taxation books.
PSO – 6: To develop the skill of applying concepts and techniques used in Commerce.
PSO – 7: Learners will learn relevant financial & managerial accounting career skills, applying both quantitative and qualitative knowledge to their future careers in business with critical decision – making.
PSO – 8: To integrate knowledge, skill and attitude that will sustain an environment of learning and creativity among the students.
PSO – 9: Learners will gain thorough systematic and subject skills within various disciplines of commerce, business, accounting, taxation, economics, financial analysis, management, auditing, law & marketing.
PSO – 10: To develop an attitude for working effectively and efficiently in a business environment.
PSO – 11: Analyze the economic, social and environmental issues related to business.
PSO –12: Learners will be able to prove proficiency with the ability to engage in competitive exams like CA, ICMAI,CS and other courses.
PSO – 13: Learners can also acquire practical skills to work as tax consultant, audit assistant and other financial supporting services.
PSO – 14: To enrich communication, ethical values, teamwork, professional and leadership skill sets of Learners.
PSO – 15: Learners will acquire the skills like effective communication, decision – making, problem solving in day – to – day business affairs.
PSO – 16: To enable a Learnersto be capable of making decisions at personal and professional level.
SEM – I
Accountancy and Financial Management – I
CO – 1:Learnersunderstand the Concept of Accounting standards.
CO – 2:Learnersunderstandpractical applications of IAS no – 1,2 and 9.
CO – 3:Learners understand the difference between Capital & Revenue expenditure & Receipt.
CO – 3:Learners understand the methods of inventory valuation.
CO – 4:Learners understand the Scope of departmental accounting.
CO – 5: Learners learn to keep books in departmental accounting system.
CO – 6:Learners understand the system of Hire Purchase System.
Commerce– I (Introduction of Business)
CO – 1:Learners understand the Business concepts.
CO – 2:Learners understand the impact of Business Environment on Business.
CO – 3:Learners understandconcept of Project planning.
CO – 4: LearnerAwareabout Entrepreneurship as Career option.
Business Economics – I
CO – 1: Learners understand the basic tools to analyses the business economics.
CO – 2: Learners understand the law of demand, supply forecasting, consumer durable.
CO – 3:Learners understand the theories related to production function.
CO – 4: Learners understand different concepts of costsand analysis of Break Even Point.
Business Communication – I
CO – 1:Learners understand the concept of business communication.
CO – 2: Learners understand theimportance of business communication.
CO – 3: Learners differentiate between formal and informal communication.
CO – 4:Learners acquire the skills of drafting various business letters.
CO – 5:Learners understand the importance of presentation and interview skills.
Environmental Studies – I
CO – 1: Understand key conceptsenvironment, Food Chains and ecosystem.
CO – 2:Understand the natural resources (renewable and nonrenewable).
CO – 3:Understand the need and measures for sustainable development.
CO – 4: Learners Understand the population explosion and emerging issues of development.
CO – 5: Learners understand the urbanization and Emerging Smart Cities in India.
CO – 6: LearnersRead the thematic maps and fill the world map.
CO – 7: Learnersunderstand Concept and Calculation of Ecological Footprint.
Foundation Course – I
CO – 1: Learners understand the multi-cultural diversity of Indian society.
CO – 2: Learner understand the concept of disparity as arising out of stratification & inequality.
CO – 3: Examine inequalities manifested due to the caste system and inter-group conflicts.
CO – 4: Understand philosophy &structure of the Constitution as set out in the Preamble.
CO – 6: Learner understand the party system in Indian politics.
Mathematical and Statistical Techniques – I
CO – 1:Learnersfamiliarizes the concept relating Mathematics and statistics.
CO – 2: Learners familiarizes with Shares and Mutual Funds as Investment instrument.
CO – 3: Learners understand the concept of Permutation Combinations& Linear Programming.
CO – 4:Learnersprovide practical exposure on calculation of measures of central tendencies.
CO – 5:Learners provide practical exposure on calculation of Dispersion, Correlation.
CO – 6: To provide practical exposure on calculation of Regression, Index Number,Probability.
CO – 7: To provide practical exposure on calculation of, Probability Distribution etc.
SEM – II
Accountancy and Financial Management – II
CO – 1: Learners are familiarizing with single entry system and conversion method.
CO – 2: Learners are familiarizing with the concept,Procedure, accounting of consignment.
CO – 3: Learners are familiarizing with the concept of Branchaccount and its system.
CO – 4:Learners are able to calculate &Ascertainment of Claim as per the Insurance Policy.
Commerce – II (Introduction to Service Sector)
CO – 1: Understand the service sector &Strategies.
CO – 2: Better Knowledge about banking and retailing sector.
CO – 3:Awareness about recenttrends in banking sector.
CO – 4: Understand various aspects of E-Commerce &Present status of E-Commerce.
Business Economics – II
CO – 1: Learners get the knowledge of perfect competition and monopoly markets.
CO – 2:Learners get the knowledge of Monopolistic Competition, Oligopoly.
CO – 3: Learners get the knowledge of pricing policyadopted by the firm.
CO – 4:Methods for production to minimize the cost and maximum the profit.
CO – 5:Learners studies the theories capital budgeting.
Business Communication– II
CO – 1: Learners can able developing and delivering effective presentations.
CO – 2:Learnersunderstand effective interpersonal communicationsskills.
CO – 3: Learners acquire the skills of drafting various business letters.
CO – 4: Learners understand the use of technology in the process of communication.
CO – 5: Learners acquire the skills of drafting various reports.
Environmental Studies – II
CO – 1: Understand the solid waste management.
CO – 2: Understand role of society in solid waste management.
CO – 3: Understand the environmental problems of sustainable agricultural practices.
CO – 4: Understand the Tourism potentials and challenges before India.
CO – 5: Understand the environmental movements and environmental management in India. CO – 6: Able to fill the environmentally significant features in Mumbai and Konkan region map.
Foundation Course – II
CO – 1:Understanding the concepts of liberalization, privatization and globalization.
CO – 2:Concept of Human Rights; origin and evolution of the concept.
CO – 3:Importance of Environment Studies in the current developmental context.
CO – 4:Causes of stress and conflict in individuals and society.
CO – 5:Manage Stress and Conflict in Contemporary Society.
Mathematical and Statistical Techniques – II
CO – 1: To provide practical exposure on Functions, Derivatives and Their Applications.
CO – 2: To introduce the students about the concept of Interest and Annuity.
CO – 3: Understood the tools and techniques of Bivariate Linear Correlation, Regression.
CO – 4:Understand the Critical decision-making and in Time series, Index Numbers.
CO – 5: Solving the problems of elementary probability distributions.
SEM – III
Accountancy and Financial Management – III
CO – 1: Enable the Learner to understand partnership account from admission to dissolution.
CO – 2:Learners understand piecemeal distribution of cash after dissolution of partnership firm
CO – 3:Learnerwill able to understand how old firms (Two) merge with new firm.
CO – 4:Learner will able to understand how partnership firm converted into a Ltd. Co.
Financial Accounting and Auditing – Introduction to Management Accounting
CO – 1: To enlighten the Lerner thought and knowledge on management Accounting.
CO – 2: Helps to give proper idea on financial statement analysis in practical point of view.
CO – 3:Learners understandthe concept of working capital management.
CO – 4:Learneraware about capital structure and theories of capital structure.
CO – 5: To make learner understand the cost of capital in wide aspects.
CO – 6: Learners will understand different types of capital budgeting techniques.
Commerce – III(Management: Functions and Challenges)
CO – 1: To equip the learners with the basic idea and introduction of evolution of management.
CO – 2: Learner Aware about the functions of management.
CO – 3:Better understanding about organization structure and different types of organization. CO – 4:Developing the skills of decision making in learners.
CO – 5: Developing the skills of directing &controlling.
Business Economics – III
CO – 1:Learnerunderstands the basic concepts of Macro Economics.
CO – 2:Learner understands certain features of economic phenomenon in the real world.
CO – 3:Learnerintegrate the concepts of macroeconomics in order to analyze.
CO – 4:Learnerunderstand the policies of the state.
CO – 4:Learnerunderstand the functioning of the economy.
Company Secretarial Practice – I
CO – 1:Learnerunderstands about company and Role of Company Secretary.
CO – 2:Learner understands the Company Secretary Services.
CO – 3:Learner understands the Company Documentation and Formation of company.
CO – 4:Learner understands the Correspondence with various stakeholders.
Business Law – I
CO – 1:Learnerunderstands about business law.
CO – 2: Better understanding of Contract act 1872.
CO – 3:Learneraware of the legal impact of contracts in business.
CO – 4: Understanding the concept of special contract.
CO – 5: Better understanding of sale of goods act.
CO – 6:Negotiable Instruments act and Information Technology act.
SEM – IV
Accountancy and Financial Management – IV
CO – 1: Learners understand the types of company, Company a/c.
CO – 2: Learners understand the procedure of issue of Shares and Debentures.
CO – 3:Learners understand the provision regarding redemption of preference shares.
CO – 4:Learnersunderstand the provision regarding redemption of Debentures.
CO – 5:Learnersunderstand how allocate income & expenses in pre & post incorporation.
Financial Accounting and Auditing VI – Auditing
CO – 1: Student will able to understand principles of auditing.
CO – 2: Student will able to understand audit planning, audit program, audit working papers.
CO – 3: Student will understand audit sample, test check, internal control.
CO – 4: Students will understand audit income, audit of expenditure.
CO – 5: Students will understand audit of assets book debts and audit of liabilities.
Commerce – IV(Management: Production & Finance)
CO – 1: Learnerunderstandsabout conceptual knowledge of production and Finance.
CO – 2: To analysis Materials demand forecasting,replenishment Stock – MRP – EBQ –EOQ.
CO – 3:Learnergets Better knowledge towards Quality management.
CO – 4:Learnergets idea about fundamentals of financial services.
CO – 5:Learnergets idea about players in financial sectors.
CO – 6:Learneraware about merchant banking, issue management.
CO – 7:Learneraware about capital markets and role of SEBI.
CO – 8:Toupdate the learners with the recent trends in Finance.
Business Economics – IV
CO – 1:Learnerunderstands the basic concepts of public finance.
CO – 2:Learner understands the role of state in an economy.
CO – 3:Learner knows the fiscal policy of the state.
CO – 4:Learner understands the structure of fiscal federalism in India.
Company Secretarial Practice – II
CO – 1:Learner understand Management of Companies.
CO – 2:Learner understand Types of Company meeting & Secretarial Duties.
CO – 3:Learner understandsdematerialization and Online Trading.
CO – 4:Learner understandsReports and winding up of Companies.
Business Law – II
CO – 1: Awareness about the various companies rules and regulations.
CO – 2: Understanding of Formation, dissolution & working of partnership firm and provisions.
CO – 3: Understanding the concept of consumer rights and Consumer protection act.
CO – 4: Better understanding of intellectual property rights.
SEM – V
Financial Accounting and Auditing VII –Financial Accounting
CO – 1:Learners are able to prepare Financial Statement as per the Revised ScheduleVI.
CO – 2:Learners are able to understand the concept of internal Reconstruction.
CO – 3: Learners understand the Legal aspects of Internal Reconstruction.
CO – 4:Learner understand the Accounting Procedure, draw Balance sheet after reconstruction.
CO – 5:Learners understand the concept of Buyback of Shares, Conditions of Buyback.
CO – 6: Learners understand the Methods of Buyback and accounting of Buyback.
CO – 7:Learners understand benefit of investments, accounting for investments.
Financial Accounting and Auditing VIII–Cost Accounting
CO – 1: Understanding of different concepts of Cost Accounting.
CO – 2:To facilitate the idea and meaning of material control with pricing methods.
CO – 3:Understanding and problem solving on material cost.
CO – 4: Develop the knowledge of remuneration, incentivesand problem on Labour cost.
CO – 5: To introduce the concept of overhead costand problem solving on overheads cost.
CO – 6: Understanding and problem solving on cost Sheet.
CO – 7: Understanding and preparation of Reconciliation of cost and financial accounts.
Commerce – V(Marketing)
CO – 1: To develop an idea about marketing and its functions.
CO – 2: Enable the student to comprehend the concepts of marketing.
CO – 3: Be familiar with the basic elements of marketing mix.
CO – 4: Evaluate the key marketing dimensions for decision making.
CO – 5: Prepare the skill sets required for a career in marketing.
CO – 6: Understanding the importance of ethics in marketing.
Business Economics – V
CO–1: Learners learn the overall macroeconomic environment in India.
CO – 2:Learners learn the policy structure in agriculture sector in India.
CO – 3:Learners learn the industry and services sector the Indian economy.
CO – 4:Learners studied the banking and financial markets in India.
Computer system & Applications – I
CO – 1: Learners are able to understand Data Communication, Networking and Internet.
CO – 2: Learners develop the competence of database management.
CO – 3: Learners are able to understand about basics of MySQL.
CO – 4: Learners provide practical knowledge exposure MS-Excel
Direct and Indirect Taxes – Direct Taxation
CO – 1: Learners will able to understand the basic concept of taxation (Income Tax).
CO – 2: Learners will able to understand the legal status of persons.
CO – 3: Learnerswill familiarize the different know – how.
CO – 4: Learners will able to understand heads of income with its components.
CO – 5:Learners will able to understand deduction from gross total income.
CO – 6:Learners will able to understand total income for individual.
SEM – VI
Financial Accounting and Auditing IX – Financial Accounting
CO – 1: Learners understand concept of amalgamation, absorption and external reconstruction.
CO – 2: Learners understand Meaning of Purchase Consideration, Methods and AS – 14.
CO – 3: Learners are able to understand foreign currency transactions, need for conversion.
CO – 4: Learners are able to understandrecognition of exchange differences and accounting.
CO – 5: Learners are able to understand concept of liquidation of companies.
CO – 6: Learners understand concept of modes of liquidation and procedure of liquidation.
CO – 7: Learners understand concept of Underwriting, determination of liabilities.
CO – 8: Learnersare able to understand calculation of underwriting commission.
CO – 9: Learners are able to understand concept of LLP, Formation and Accounts of LLP.
Financial Accounting and Auditing X – Cost Accounting
CO – 1: Understanding and problem solving Cost Control Accounts.
CO – 2: Understanding and problem solving on Contract costing and Process costing.
CO – 3: Understanding and problem solving on Marginal Costing and Standard Costing.
CO – 4: Understanding of emerging trends of Cost Accounting.
Commerce – VI(Human Resource Management)
CO – 1: Develop the understanding of the concepts of Human Resource Management.
CO – 2: To provide an idea about HRD, its concepts and its functions.
CO – 3: Develop an understanding of the importance of Human relations.
CO – 4: Evaluate & understand the various aspects of leadership, motivation, employee morale.
CO – 5: Evaluate & understand the employee grievance and their effective management in org.
CO – 6:Integrate the knowledge of Human Resource Management to take business decisions.
Business Economics – VI
CO – 1: Develop the knowledge of international Trade.
CO – 2: It enable the students to understand the theories of foreign trade in wide aspects.
CO– 3: To provide an idea regarding Balance of trade and Payment.
CO – 4: To introduce WTO and its implication on trade.
CO – 5: To develop the knowledge about international business.
CO – 6: Learners studied the foreign exchange market.
Computer system & Applications – II
CO – 1:Learnersunderstand the concept of E – Commerce.
CO – 2: Learners understandthe opportunities and challenges offered by E – Commerce.
CO – 3: Learners develop the competence of database management.
CO – 4: Learners are able to understand about basics of MySQL.
CO – 5: Learners provide practical knowledge exposure MS-Excel.
Direct and Indirect Taxes – Indirect Taxation
CO – 1: Learners will able to understand the basic concept &Need of GST,Dual GST Model.
CO – 2: Learners will able to understand various Definitions of GST Act.
CO – 3:Learner will able to understand the scope of supply, Mixed Supply, Composition Levy.
CO – 4: Learners develop the practical knowledge about Levy and Collection of tax.
CO – 5: Learners develop the practical knowledge about Time, Place and Value of Supply.
CO – 6:Learners will able to understand eligibility for taking Input Tax Credit.
CO – 7: Learners understand Registration, Procedure& cancellation under GST Law.