The Bachelor of Commerce (Hons) degree is designed to provide students with a wide range of managerial skills, while at the same time building competence in a particular area of business.
In response to the issuance of the new set of Accounting and Reporting Standards set out by the Ministry of Corporate Affairs, BML Munjal University has revamped the B.Com Hons programme.
B.Com Programme at a Glance
The Bachelor of Commerce (Hons) at BMU focuses on the factors that drive economic behaviour at both an individual and organisational level. The B.Com course will equip you with the analytical, communication and problem-solving skills to effectively identify issues, source information and find efficient and practical solutions.
The B.Com (Hons.) programme offers super specialization in below tracks: Block Chain & Financial Technologies, Forensic Accounting & Fraud, Banking & Insurance, and Derivative & Risk Management
The School of Commerce has a multi-dimensional selection process for assessing an applicant’s suitability for the B.Com (Hons) programme. Selection to the programme will be made on the basis of several criteria.
Block Chain and Artificial Intelligence are rapidly transforming the Banking, finance and Insurance sectors and are becoming major disruptors. The World Economic Forum report has predicted that by 2025, 10% of the global GDP will be stored in Blockchain and related technologies.
The strategic Business Value that it offers is so enormous that all major banks and financial institutions are adopting such technologies to improve efficiencies in money transfers, record keeping, clearing and settlement financial operations, and other back-end functions.
It, therefore, becomes imperative that the curriculum undergone by the students trains them to function effectively in an ecosystem that thrives in such technologies. The unique BCom(H) program offered at BMU, has the fundamentals of Block Chain and Robotic Process Automation embedded in the three-year program, with students learning about the amalgamation of the financial world with the technological disruptors.
What are tracks in B.Com (Hons.)?
The various tracks of specializations offered in the B.Com(H) program further hones your skills in the chosen vertical of the financial industry.
Blockchain & Financial Technologies
In addition to studying the fundamentals of Blockchain, this track in Block Chain and Financial Technology, will delve deeper into understanding the technology from a professional viewpoint for various sectors and will expand in Block-Chain for Financial Services, Audit and Assurance and Tax procedures.
It will immerse you into back-end operations of used cases within international financial institutions and investment banking sectors. So, if you have a passion for finance, are highly tech-savvy, and aspiring to get on board of a very challenging, yet interesting course- this track is for you!
Forensic Accounting & Corporate Fraud
The drastic increase in global financial fraud incidences has resulted in an increased need for professionals having knowledge base to investigate and report on financial scams. This track in Forensic Accounting & Corporate Fraud will help you develop familiarity with forensic accountant’s role and responsibility in formulating robust internal control processes, and knowledge of the legal and compliance system, investigating financial statement frauds.
So, if you have a penchant for accounting and investigation, have your intellectual juices flowing when it comes to solving mystery, and are up for a course that will involve gathering information, discovery and reporting frauds, this track is for you!
Banking & Insurance
Banking and Insurance are the two sectors that will be impacted the most by the digital disruption and so will the regulatory environment around them. Therefore, there is a dire requirement for professionals holding expert knowledge in Banking and Insurance operations, Banking Law and Practice, and Insurance Law. So, if you are an erudite and have an inclination for studying laws and regulatory framework in banking and insurance, this track will help you master them.
Derivative & Risk Management
Derivatives and Risk Management is a track that should appeal you if you are a student with a sound grounding in mathematics and statistics. This track will provide you with a comprehensive coverage of the underlying applications of stochastic financial models for analysis and mitigation of risk. Starting from quantitative finance this track will train you to be able to strategize the use of various derivative instruments in hedging and valuation pricing for various instruments.
- Duration : 3 Years
- Eligibility: 10+2 or equivalent
- Admission Process
Applicants will have to go through the following process:
- All applicants are required to submit the completed application form with all relevant enclosures including proof of payment of the application fee
- BMU will review applications and short-list candidates for the interview
- All shortlisted candidates appear for a personal interview
- The BMU selection committee processes the final admission decisions