BACHELOR OF COMMERCE (HONOURS)

2019-22Institute of Commerce

Nirma University

Programme Highlights• Most updated curriculum

• Experienced faculty

• Guest lecturers from industry and other Universities

• Specialisations offered:

- Accounting

- Banking, Financial Services and Insurance (BFSI)

• Two internships

• Industrial visits

• Excellent placement record

• Continuous mentoring of students

• Various sports and co-curricular activities for overall personality development of students

MISSION

Nirma University emphasizes the all-round

development of its students. It aims at producing

not only good professionals, but also good and

worthy citizens of a great country, aiding in its

overall progress and development.

It endeavours to treat every student as an individual,

to recognize their potential and to ensure that they

receive the best preparation and training for

achieving their career ambitions and life goals.

QUALITY STATEMENT

To develop high quality professionals

who reflect and demonstrate values

that the university stands for, through

innovation and continuous

improvement in facilitation of learning,

research and extension activities

VISION

Shaping a better future for mankind by developing effective and

socially responsible individuals and organizations

Dr Karsanbhai K. Patel established the NERF in 1994 with a view to promote and support

higher education in India. The NERF is a trust that crystallized his long cherished dream of

providing world-class education and inculcating the spirit of social relevance among the

young students of the country. Among many social projects that he has initiated, NERF is

monumental of his commitment to the society.

Shri K. K. Patel

Vice President, Nirma University

Shri Rakeshbhai Patel

Vice Chairman, Nirma Limited

Shri Hirenbhai K. Patel

Managing Director, Nirma Limited

Dr Pankajbhai Patel

Chairman and Managing Director Zydus Cadila

Health Care, Ahmedabad

Shri J. P. Joshipara

Academician

Dr P. N. Bhagwati

Industrialist and Educationist,

Chairman, Bhagwati Sphero Cast Limited

Dr. Alka Mahajan

Dean, Faculty of Technology and Engineering,

Nirma University

G. Ramachandran Nair

Executive Registrar (Secretary)

Dr Anup K. Singh

Director General, Nirma University

Smt Anju Sharma, IAS

Principal Secretary, Higher and Technical

Education, Education Department, Government

of Gujarat, Gandhinagar

Shri R. D. Shah

Chartered Accountant, Trustee

Nirma Education and Research Foundation

Prof. N. R. Madhava Menon

Hon. Director, Bar Council of Kerla

M. K. Nambyar Academy for Continuing Legal

Education

Shri Kamalbhai Trivedi

Advocate General

Gujarat High Court, Ahmedabad

Shri Vipinbhai S. Parikh

Advocate

Prof. Manjunath Ghate

Dean, Faculty of Pharmacy, Nirma University

BOARD OF GOVERNORSDr Karsanbhai K. Patel

Chairman, Nirma Limited,

Chairman, Nirma Education and Research Foundation,

President, Nirma University

NIRMA EDUCATION AND RESEARCH FOUNDATION (NERF)

Nirma University

Nirma University, Ahmedabad, was established as a Statutory University in 2003. The

University is recognized by the University Grants Commission (UGC) under section 2(f) of the

UGC Act. The University is also accredited with 'A' grade by National Assessment and

Accreditation Council (NAAC). Nirma University is Ranked among the top 100 Universities by

MHRD, GOI.

Nirma University consists of the Faculty of Technology, Faculty of Management, Faculty of

Commerce, Faculty of Pharmacy, Faculty of Science, Faculty of Law, Faculty of Architecture

&Planning and Faculty of Research and Doctoral Studies. The graduate, post-graduate, and

doctoral level programmes offered by these faculties are rated highly by accreditation

agencies, industry, business magazines, and students.

Innovation, quality, and excellence are the key driving forces on the campus which have

translated the vision of the University Institutions into reality. Today, the campus vibrates with

not only world class curricular activities but also with myriad of activities like international

conventions, symposia, conferences, student competitions, conclaves, short-term industry

relevant programmes, cultural activities, etc.

The Institute

Founded on the vision of Padmashree Dr. Karsanbhai K. Patel, the Institute of Commerce,

Nirma University symbolizes the principles of brilliance, excellence and professionalism. It

aims to impart top-class education in the field of Accounting as well as Banking, Financial

Services and Insurance (BFSI) Sector.

The Institute of Commerce believes in serious academic pursuit by means of prudent mix of

relevance and rigor in its curriculum design and delivery aimed at imparting the relevant

skills, knowledge and ideas through intellectually stimulating debates & discussions,

innovative teaching pedagogies and exposure to industry practices. The Institute is dedicated

to its goal of adding value to life and professional standards.

Institute of Commerce, a centre of learning where knowledge fuels the desire for distinction,

aims to pioneer in serving the changing needs of the industry. The campus infrastructure and

amenities are comparable to any reputed university around the world. It hosts fully equipped

classrooms where focused discussions, interactive study sessions, role plays, presentations,

case studies etc. are held.

Accreditation

Approvals

The Institute of Commerce, Nirma University is a constituent Institution of Nirma University. Nirma

University and its constituent Institutions are accredited with 'A' grade by National Assessment and

Accreditation Council (NAAC), an autonomous accreditation institution of the University Grants

Commission, Government of India.

The letter grade 'A' is the highest grade awarded to an institution of higher education by NAAC. This

accreditation status indicates that Nirma University and all its constituent Institutions meet the

standards of quality as set by NAAC, in terms of their performance related to educational processes and

outcomes covering the curriculum, teaching-learning, evaluation, faculty, research, infrastructure,

learning resources, organisation, governance, financial well-being and student services.

• Institute of Commerce is a constituent Institution of the Nirma University, a statutory university

established under the Gujarat Government Act, 2003. The University is recognized by the University

Grants Commission (UGC) under Section 2(f) of the UGC Act.

• All academic programmes offered by the Institute are recognized by the UGC.

ProgrammeThe Institute, currently,

offers a 3 year credit based

Bachelor of Commerce

(Honours) Programme

The Bachelor in Commerce (Honours) intends to prepare students for their career in

Accounting or BFSI sector. It aims to develop requisite knowledge, skills, and attitudes in

them to meet the challenges of the accounting, auditing, taxation and BFSI sector domains.

The programme focuses equally on theoretical and practical aspects of the above mentioned

domains, promoting an attitude of life-long learning among the students and preparing

them as a professional employee or a self-employed individual. It comprises of six semesters

(two semesters in each year) over a period of 3 years. On successful completion of the six

semesters, a degree of Bachelors in Commerce (Honours) [B.Com. (Hons.)] is awarded to the

students.

Unique Features:• Focused and relevant course contents with rigour in teaching and assessment.

• Most updated curriculum

• Experienced faculty

• Guest lecturers from industry and other Universities

• Specialisations offered:

- Accounting

- Banking, Financial Services and Insurance (BFSI)

• Two internships

• Industrial visits

• Excellent placement record

• Continuous mentoring of students

• Various sports and co-curricular activities for overall personality development of students

• Provides strong pathway for gainful employment and for pursuing higher studies in India

and abroad.

• Rich library resources

• Inculcates various side courses within the campus.

Programme Structure/Design:• Duration – 3 years (six semesters)

• Medium of Instruction – English

• Credits – Total 150 credits

• Courses – 1 to 6 credits (one credit hour equals one contact hour per week).

About the Programme:

Curriculum

Sem. Course Code Course Title Credit

I CC1 Financial Accounting-I 6

CC2 Elements of Commerce 5

AECC1 General English 4

GE1 Business Mathematics 4

SEC1 Computer Applications 2

GE2 Principles of Micro Economics 4

II CC3 Financial Accounting-II 5

CC4 Cost Accounting 6

SEC2 Business Statistics 4

GE3 Principles of Macro Economics 3

AECC2 Business Communication 4

GE101 International Business 3

III CC5 Corporate Accounting-I 6

CC6 Cost and Management Accounting 6

CC7 Company Law 5

AECC3 Environmental Studies 4

GE5 Indian Economy 4

IV CC8 Direct Tax Law 6

CC9 Corporate Accounting II 6

CC10 Financial Management 6

GE6 General and Commercial Laws 4

University Elective 3

Core courses

V CC51 Indirect Taxation 5

CC52 Business Ethics and Corporate Governance 5

Accounting Specialisation

DSE-A-1 Advanced Accounting and Reporting 5

DSE-A-2 Auditing 5

DSE-A-3 Project Feasibility and Financing 5

BFSI Specialisation

DSE-B-1 Indian Financial System 5

DSE-B-2 Banking 5

DSE-B-3 Insurance 5

Core courses

VI CC13 Entrepreneurship 5

CC14 Financial Statement Analysis 5

Accounting Specialisation

DSE-A-4 Corporate Tax Planning 5

DSE-A-5 Strategic Management Accounting 5

DSE-A-6 Accounting and Finance for Service Enterprises 5

BFSI Specialisation

DSE-B-4 Fundamentals of Investments 5

DSE-B-5 Merchant Banking and other Financial Services 5

DSE-B-6 Study of International Financial Services Centre 5

Supplementary / Enrichment Courses:

In addition to the above rigorous and updated curriculum as per the changing market needs,

the ICNU also offers an enrichment course every semester for the overall development of

students. The following is an illustrative list of supplementary courses.

Additional Learning Opportunities:

We believe that it is our responsibility to develop our students as professionals right on the

campus while they are still students. We consider students as active partners in managing the

Institute and its activities such as conferences, guest lectures, seminars, placement, etc., and

ensures that they play an active role in the life of the Institute rather than being passive

recipients. They are also given opportunities to enroll themselves into various courses like

CGMA which is a Strategic Management Accounting program, NISM Certification Course and

Tally with GST. Thus the time that students spend at the campus is designed to be the most

fulfilling period of their lives.

Summer Internship

The students are required to undergo Summer Internship for a period of four weeks at the

end of both 2nd and 4th semesters. The internship at the end of 2nd semester, with an NGO

is aimed to enhance the skills and develop the character of students whereas the one at the

end of 4th semester is arranged at corporates to enable the students to gain practical / real-

life experience of industry/corporate world.

Course Code Name of the subject

SP01 Yoga & Total Health

SP02 Foreign Language- Elementary Course

SP03 Working with Spreadsheets

SP04 Personality Development

SP05 Presentation Skills (Including GD and PI)

SP06 Introduction to SPSS

SP07 Time Management

SP08 Career Planning and Goal Setting

SP09 Business Etiquettes

SP10 Value System

SP11 Foreign Language- Advance Course

SP12 Stress Management

SP13 Micro Finance

SP14 Personal Finance

Publication of KALEIDOSCOPE is

among many firsts that have taken

place at ICNU during past academic

year. Publication of ICNU newsletter

aims to pave the way for our students

to showcase the vivid colors of their

intellect and personalities. ICNU is very

much committed to make KALEIDOSCOPE a regular publication to keep readers informed

about academic and co-curricular developments at the ICNU.

AdmissionsNumber of seats: 120

Up to 15% of seats are allocated for admission to NRI/NRI Sponsored category.

Admission Categories:

A] General Category

B] NRI(Self)/NRI Sponsored Category

C] FN/PIO/Gulf & South East Asia (CIWGC-SEA) Category

Eligibility:

The students seeking admission in the first year of Degree Programme leading to Bachelor of

Commerce (Honours) [B.Com (Honours)] shall have passed the HSC examination (10+2) or

any other recognized examination considered equivalent by Nirma University with English as

a subject along with any one of the following subjects: Accountancy/Business

Administration/Economics/Statistics/Mathematics

Selection Process:

Merit of admission is based on aggregate percentage of marks in qualifying examination

(i.e.12th Standard).

Apply Online : Online Application Form is available on http://www.nirmauni.ac.in/icnu

stLast Date to apply : 31 May, 2019

Fee Structure :

Fee Head FEE ( 2019 – 20)

Tuition Fee (General Category) ₹ 90,000 per annum

Foreign Nationals/PIO Tuition Fee US$ 2500 or equivalent in

Indian Rupees per annum

NRI/NRI Sponsored Tuition Fee US$ 5000 or equivalent in

Indian Rupees per annum

Gulf & South East Asia (CIWGC-SEA) Tuition Fee US$ 2000 or equivalent in

Indian Rupees per annum

Foreign Nationals/PIO from SAARC Countries Tuition Fee US$ 2000 or equivalent in

Indian Rupees per annum

Examination Fee ₹ 7000 per annum

Enrollment Fees ₹ 1000

Eligibility Certificate (If required) ₹ 1000

Refundable Security ₹ 7000

Activity Fee ₹ 5000 per annum

JurisdictionThe admission process of the Institute shall be subject to the jurisdiction of the courts of

Ahmedabad. The Information provided in the Brochure reflects the current status on the date

of publication and is subject to change without prior notice.

The Campus

The University is situated about 15 kms from Ahmedabad city, on the Sarkhej – Gandhinagar

Highway. A 110-acre lush green campus in picturesque surroundings provides a refreshing

environment, stimulating intellectual alertness and creativity. The campus has an ambience

that motivates the students to grow. The University building has several amphitheaters, flat

classrooms, an auditorium with a capacity of 450 seats, computer centre, a communication

lab, a fully automated library, an art gallery, faculty and administrative blocks, conference

rooms, and other facilities. Modernity, aestheticism, and grandeur characterize the buildings.

The campus also has modern sports facilities. The overall atmosphere is distinguished by

serenity, which is conducive for intellectual pursuits.

Classrooms

The classrooms are equipped with multimedia and audio-visual equipment to facilitate

effective learning. Classrooms are designed to promote maximum interaction between the

faculty and students. Each classroom has internet connectivity through LAN and Wi-Fi.

Computing Facilities

Computing facilities for the students include a well-equipped lab. A state-of-the-art network

connects every corner of the Institute. High-speed servers running on a variety of platforms

to suit all kinds of requirements support the entire network. A 512 mbps dedicated optic

fiber leased line and wi-fi hotspots enable round the clock internet connectivity. The Institute

has also acquired the latest software, namely SPSS and Oracle among others. Internet and

Intranet mail servers are available to students and faculty round the clock.

Infrastructure

Library Resource Centre (LRC)

The library provides access to a wide range of business related sources that include leading

national and international business periodicals in addition to an impressive collection of

business databases, digitized corporate annual reports, and CDs/DVDs. The library has more

than 33,500 volumes of books.

The library subscribes to 13 databases. Around 15000 e-journals are subscribed through

databases such as EBSCO's Business Source Complete, and Academic Search Complete, Elsevier's

Science Direct: Business, Management & Accounting package, Emerald Management, JSTOR

archival e-journal package and Oxford e-bundle. The library subscribes to ISI Emerging Markets

database which provides trade related information from all over the world. The financial and

economic databases subscribed by the library are Centre for Monitoring Indian Economy's-

Industry Outlook, Ace Equity and Ace Mutual Fund from Accord Fintech, India Stat, EPWRF India

Series, Frost and Sullivan, and SCOPUS. The library also subscribes to Indiastat.com and has

Springer e-books collection. All databases are accessible on Campus IP's and remote access is

given on request as well.

The library is fully automated through Koha: an open source software, accessible on the campus

LAN. This user-friendly package facilitates issue and return of books with Web-catalogue. The

library has adopted the latest information technologies like CD, DVD, multimedia kits, barcode

scanners, and text and graphic scanners for effective use of library services.

Dr. Trilok Sharma

CS Tejpal Seth

Mr. Romy Sebastian

Mrs. Jagruti Pritmani

Library Support

Ms. Monita Shastri

Librarian

Prof. Udai Paliwal

M.Com., PhD

Area : Accounting & Finance

Dr. Sumita Shroff Goyal

M.Com., PhD

Area: Accounting & Financial

Management

Dr. Aney Rawat

Prof. Nilam Panchal

Mr. Neeraj Pandey

Mr. Sandeep Shah

Admin Support

Ms. Shweta Trivedi

Senior Assistant

Mr Parth Jani

Junior Assistant

CS Karishma Butani

CS, M. Com

Area: Law, Accounting &

Commerce

Mr. Ashutosh Pandey

M. A. Ph.D. (pursuing)

Area: Econometrics, Quantitative

Economics, Fiscal Policy

Dr. Nitin Kishore Saxena

M.Com., PhD

Area: Accounting, Finance &

Reporting

Dr. Avani Shah

M.Com., M.Phil, PhD

Area: Accountancy, Financial

Management

Ms. Deeksha Gahlaut

Mr. Devang Patel

Ms. Jyoti Patel

Placement Support

Mr. Indranil Banerji

Head, Corporate Relations

Mr. Birju Ambani

Placement Officer

Faculty

Full Time Faculty

Visiting / Guest Faculty

Officers

Life on campus for the students of Institute of Commerce is thrilling and exciting. The years

that students spend on the campus of Nirma University turn out to be the most fulfilling

years of their lives. Life at the Institute is vibrant and exhilarating, studded with events and

celebrations that enrich the students intellectually, transforming them into more complete

individuals. Students of the Institute plan, organise and conduct all types of activities –

academic, social, cultural and sports – thus developing their leadership and teamwork skills.

Expert Lecture On Ethics & Corporate Governance

Prof. Anil Kumar of Shri Ram College of Commerce, University of Delhi addressed ICNU

students on the theme "Ethics & Corporate Governance". Prof. Kumar discussed the need of

ethics in various professional fields such as financial accounting, reporting, and marketing

quoting "SATYAM" case of financial and accounting irregularities.

Employability Skills Workshop

The ICNU in association with All India Management Association (AIMA) conducted a four day

employability workshop on 26 - 29th September, 2018 for the graduating batch of B. Com.

(Hons.). The highlights of the workshop were: mock interviews, behavioral skills, etiquettes in

formal as well as informal environment, body language, Rule of 12 etc.

ELYSIAN 2019 - Elegant Fest of ICNU!

ELYSIAN 2019 – the first edition of cultural and literary festival of Institute of Commerce was

launched with the theme – “HIGH ON COLORS”. The two day cultural and literary event had 9

competitions in its store. A total of 557 students participated in various events of which 400

plus students belonged to other colleges and universities not only from Ahmedabad, but

also from Gandhinagar, Vadodara and Indore. Elysian 2019 concluded in style with India’s

RAW STAR – Darshan Raval performing live at Dome Ground witnessed by 4500 plus

gathering of students making the venue of his performance too “HIGH ON COLORS”.

Life on Campus

“RUN FOR CAUSE” - Run to Educate

The first of its kind – Run for Cause, a CSR Activity at the Nirma University campus was

organized by Institute of Commerce with the support of its NGO Partner – Navjeevan Seva

Sansthan. The fund raised by the registrations shall be utilized to provide scholarships to the

students of underprivileged and poor section of the society.

Chase Happiness, not Success or Money

Addressing the students of Institute of Commerce, Prof (Dr.) Ross Vandiar, visiting faculty at

University of Amsterdam and CEO of “Royal Dutch Advisory”, Netherlands, shared his life

experiences. He reminded students that the key to success starts with “them” and their

pleasing personality in today’s competitive and digital world. “Be aware of Intolerance – This

is a silent killer of knowledge and it will reveal to the world your exact stock of ignorance”

was his personal advice to ICNU students.

Kurukshetra:2019 - ICNU Sport Festival

The sports club of Institute of Commerce, Nirma University organized Two days Inter-

University sports fest: Kurukshetra on 7th and 8th February 2019 as part of Elysian 2019.

Twenty-four teams of boys & girls of various reputed universities across Ahmedabad

participated in the event. In each level, all the winners were felicitated with cash prizes and

certificates. The title winner of boys’ team was GLS-IC and in girls’ team was GLS-BBA.

ICNU Signs an MOU with GIFT SEZ

Institute of Commerce, Nirma University signed an MOU with GIFT SEZ Limited, established

as India’s first International Financial Services Centre (IFSC) under Section 18 of the Special

Economic Zone Act, 2005 (“SEZ Act 2005”).

The MOU sets out the framework agreed between GIFT SEZ and ICNU to operationalise

cooperation in the areas such as: introducing a course on International financial services

centre (IFSCs); conducting programs in financial markets operations along with GIFT and

other institutions based out of GIFT IFSC; conducting research in the field of International

Banking, International insurance, International capital markets and organising seminars, guest

lectures, workshops and conferences for creating awareness on International Financial

Services Centre.

RANGOTSAV - Rangoli Competition-2018

In order to promote the artistic skills of students, RANGOTSAV - Rangoli Competition was

organized by ICNU on the theme "INDIAN CULTURE". The teams showcased their artistic

skills beautifully.

Formal Freshers-2018

A Formal Freshers' was organized on 27th July 2018 by the students of Second Year for the

newly admitted B. Com. (Hons) batch of 2018-21 at Pharmacy Auditorium. The main purpose

was to welcome the new students and make them feel an integral part of ICNU as well as

Nirma University family. The event also reiterated on ICNU being a ragging free campus so

that students can comfortably settle in the academic environment. The winners of all the

games were felicitated in the prize distribution ceremony.

National Service Scheme (NSS) Activities

The NSS Unit of ICNU organized various activities including 7 days Special Camp at Kavitha

Village from March 8 to 14,2019. The camp started with the participation of the volunteers in

blood donation camp. Other prominent activities of the camp included Transformation of an

unproductive land of ‘Shri Vinoba Ashram, Kavitha’ into a small beautiful garden, promotion

of a number of government schemes like ‘Beti Bachao Beti Padao’, ‘Clean India Mission’ and

‘Vote India’ through rallies and door to door visits by our volunteers. On the last day of camp

a ‘Cultural Evening’,‘Craft Exhibition’ and 'Prize Distribution ceremony' were organized.

Regular Activities organized by ICNU NSS Unit includes, Van Mahotsav, Surgical Strike day,

Pencil Sketch Competition and Rashtriya Ekta Diwas.

Talent Hunt Day

The Talent Hunt Day comprising of various literary and cultural activities was organized to

identify talents of our students. The literary events, elocution on the topic "Gender

Sensitization", Debate on "Whether movies change the opinion of viewers or not", and poetry

recitation were highly appreciated. The cultural events Singing and Dancing were enjoyed by

audience. All the participants impressed the jury with their wonderful

performances.

Industrial Visits

A VISIT TO NEXTILE: A TILE FACTORY AND VARMORA SHOWROOM

It was a perfect start for the first year B.Com. (Hons.) students by visiting an industry and

learning about it. While visiting the Varmora manufacturing facilities and its showroom,

students had an opportunity to see different type of tiles and vast variety of sanitary ware.

They learned about cost management of variety of products. The industrial visit was an

educational and interactive experience for the students.

A VISIT TO GIFT SEZ CITY

It was an exciting moment for final year students to visit GIFT SEZ City and various companies

operating from there. The visit provided the students with practical knowledge about the

stock exchange and trading in international market. The students also visited the Solid waste

management tunnel which has Automated Waste Collection System (AWS) and the waste

treatment through Plasma Technology.

ICNU Shines

In a very short span of time, ICNU has outperformed its peers by claiming various prizes and

medals in team as well individual categories of various games, sports and cultural activities

organized by Nirma University as well as other Universities, Ahmedabad Art festival, ISTD

state level case analysis competition, SBI National level quiz. Three of our students were

selected by SP Jain Institute of Management for an all-inclusive trip to visit their Dubai

campus. Our third year student, Mr. Vinit Udernani, was casted in MTV show "Elevator Pitch"

which was aired in November, 2018. He also did a pre production shoot with Viacom.

OUR PROMINENT CORPORATE PARTNERS FOR

PLACEMENT, INTERNSHIP AND EVENT SPONSORSHIP

And Many more ……

Institute of Commerce, Nirma University S.G. Highway, Ahmedabad- 382481, Gujarat, India

Phone: +91-79-30642600, 604, +91-2717-241911-15

Fax: 02717-241916

Email: admissions.ic@nirmauni.ac.in

Website: www.nirmauni.ac.in/icnu

Note: The information provided in the brochure is pertaining to the current status, and is subject to change. The admission

process of the Institute shall be subject to the jurisdiction of the courts of Ahmedabad.