PROPOSAL FOR M.COM.

(ADVANCED ACCOUNTANCY)

B. Com. (Accounting & Finance) is three years Degree Course affiliated to

University of Mumbai. This course is basically self-supporting in the sense that the fee structures
of the above mentioned course is designed in such a way that the colleges / institutions are
required to manage the financial as well as the academic requirements of the course. No Aid
would be given by the Government to this course and it would be on permanently no-grant basis.
ELIGIBILITY FOR ADMISSION:--

A candidate for being eligible for admission to the B.Com (Accounting & Finance)
Degree Course shall have passed H.S.C. examination of Maharashtra Board of Higher Secondary
Education and or its equivalent examination and secured not less than 45% marks in aggregate at
first attempt (40% in case of reserved category).

TIMING OF THE COLLEGE:--

The lecture timing of the course will be morning 7.00 a.m. to 11.30 a.m.

NUMBER OF STUDENTS:--

A batch shall consist of not more than 60 students.

COURSE STRUCTURE:--

The course shall consist of 6 semestercomprising of 40 theory papers.

First Year: First Semester (Seven Papers):

1.1 Financial Accounting -I

1.2 Economics Paper-I
1.3 Advanced Financial Accounting Paper-I
1.4 Advanced Cost Accounting Paper-I

First Year: Second Semester (Four Papers):

2.1 Strategic Management Paper-II

2.2 Economics Paper-II
2.3 Advance Financial Accounting Paper-II
2.4 Advance Cost Accounting Paper-II

Second Year: Third Semester (Four Papers):

3.1 Research Methodology Paper-I

3.2 Advanced Financial Management Paper – I
 3.3 Advanced Auditing Paper-I
3.4 Direct and Indirect Tax Paper-I

Second Year: Fourth Semester (Four Papers) :

4.1 Research Methodology Paper-II

4.2 Advanced Financial Management Paper – II
4.3 Advanced Auditing Paper-II
4.4 Direct and Indirect Tax Paper-II

FEE STRUCTURE:-

FEE STRUCTURE

Open Category Students Reserved Category Students

M.Com. Part M.Com. Part M.Com. Part M.Com. Part

I II I II

Tuition Fee 6000 6000 0 0

Library Fees 1000 1000 0 0

Gymkhana Fee 200 200 0 0

Other fees / Extra Curricular 250 250 0 0

Activity

Examination &Marksheet Fees 650 650 0 0

Registration Fees 825 0 0 0

Disaster Relief Fund 10 10 10 10

Admin Processing Fee 200 200 200 200

Utility Fees 250 250 0 0

Magazine Fees 100 100 0 0

Identity Card & Library Card 50 50 50 50

fee

Group Insurance Fees 36 36 36 36

Student Welfare fund 50 50 50 50

Development Fees 500 500 0 0

Vice Chancellor's Fund 20 20 20 20

Uni Sports & Cultural Activity 30 30 0 0

E-Suvidha 50 50 0 0

E-Charges 20 20 0 0

Computer Practical 1500 1500 0 0

Alumni Association Fee 25 25 25 25

NSS Fees 10 10 0 0

Convocation Fees 0 250 0 0

Refundable 0 0

Caution Money 150 0 0 0

Library Deposit 250 0 250 0

12176 11201 641 391

Fees available for meeting salary expenses

Particulars M.Com Part I Second Year

Tuition Fee ( 2 semester ) 6000.00 6000.00

Admission Process Fees ( per year ) 200.00 200.00

Utility Fees ( per year ) 250.00 250.00

Development Fees( per year ) 500.00 500.00

Computer Practical Fee( per year ) 1500.00 1500.00

Total 8450.00 8450.008450

TOTAL FEES FOR 2 YEARS:--

Year No. of M.Com Part I M.Com Part Total Fees

 Students II

IstYear 60 507000.00 -- 507000.00

IIndYear 60 507000.00 507000.00 1014000.00

REQUIREMENTS:--

1. Teaching Staff :
First Year -- 1 Co-ordinator and 4 Teachers on CHB

Second Year -- 1 Co-ordinator and 8 Teachers on CHB

Apart from above teachers we need subject experts for guest lectures.

2. Non-teaching Staff :
A. One full time clerk
One full time clerk is required under the new CBGS examination pattern of exam.
Two years course is divided in four semesters. Clerk has to take care of
admission, enrolment, sending online examination forms, verification, railway
concession, correspondence with university, Preparation of salary. Even if college
will be in evening but full fledge administrative work will be there.
B. One peon
C. One Library attendant for Issuing Books in the evening
D. One Peon cum Computer Laboratory attendant

3. Class Rooms
Well furnished / equipped classrooms are required

First Year -- 1 class room

Second Year -- 2 class rooms

Apart of this, computer lab is required for conducting computer practical, project
work etc. Occasionally, Assembly hall & Audio-visual room will be required for
arranging seminars, workshops, guest lectures and for conducting co-curricular /
extra-curricular activities and Examination Room will be required for CAP.

4. Course Co-ordinator :
There will be a course coordinator who will prepared time table, arrange for lectures,
attend meeting at University and arrange for external examiners and coordinate with
University, Visiting Faculties, Students and Principal.
5. Library :
The college shall spent Rs.60,000/-(Rs. Sixty thousands only) in the first year on
purchase of books and journals as the initial investment, on the library. Thereafter the
entire library fees collected from the students shall be invested on library.

6. Equipments:

The course would be a well programmed course for which various teaching aids like
overhead projector, LCD, Laptop, T.V., Vedio-Cassettes, Computer-PC will be used.

ESTIMATED EXPENSES

Year Particulars Amount (Rs.)

1. Remuneration to lecturers on CHB basis 180000.00

IstYear No. of subject = 4

Per subject lecture = 90

Per lecture rate = Rs.500/-

2. Remuneration to Co-odinatorRs. 5000 p.m. (12 60000.00

x Rs. 5000)

3. Remuneration to Clerk Rs. 8000 p.m. 96000.00

(12xRs.8000)

4. Remuneration to Peon Rs. 5000 p.m. 60000.00

(12xRs.5000)

5. Remuneration to Peon cum Laboratory 60000.00

AttendantRs. 5000 p.m. (12xRs.5000)

6. Remuneration to Library AttendantRs. 5000 60000.00

p.m. (12xRs.5000)

7. Advertisement Expenses 50000.00

 8. Stationery / Printing 30000.00

9. Miscellaneous Expenses 10000.00

Total 606000.00

Year Particulars Amount (Rs.)

1. Remuneration to lecturers on CHB basis 360000.00

2ndYear No. of subject = 8

Per subject lecture = 90

Per lecture rate = Rs.500/-

2. Remuneration to Co-odinatorRs. 5000 p.m. (12 60000.00

x Rs. 5000)

3. Remuneration to Clerk Rs. 8000 p.m. 96000.00

(12xRs.8000)

4. Remuneration to Peon Rs. 5000 p.m. 60000.00

(12xRs.5000)

5. Remuneration to Peon cum Laboratory 60000.00

AttendantRs. 5000 p.m. (12xRs.5000)

6. Remuneration to Library AttendantRs. 5000 60000.00

p.m. (12xRs.5000)

7. Advertisement Expenses 50000.00

 8. Stationery / Printing 30000.00

9. Miscellaneous Expenses 10000.00

Total 786000.00

On the basis of the demand from the students in future M.Com can also be started with Management
specialization. Proposal is purely tentative. It can vary on the number of students and course
content.

Principal

Note: Starting of new M.Com Colleges is not included in the perspective plan of University up to the
academic year 2015-16. In future if it is included we can apply and follow the procedure.