BANGALORE: Commerce and Management courses in Bangalore University (BU) will have a new syllabus from the academic year 2012-13. The decision was accepted in Tuesday’s Academic Council meeting where Dean of Commerce and Management Studies Prof Ramachandre Gowda proposed the introduction of the revised syllabus.“At a time when the world is changing with globalisation, there is a great need to update the syllabus. Our students are still taught the issue of preference shares and debentures, when companies don’t even issue them now,” Prof Gowda said.With a focus on finance, the new syllabus comes in the wake of the proposed implementation of the International Financial Reporting Standards (IFRS) in 2015. “As India gears up to comply with IFRS, our students will be well equipped when they pass out,” he said.The new syllabus will be introduced for BCom, BBM and BHM courses.Vice-Chancellor Dr N Prabhu Dev insisted on the introduction of internship for students. “While revision of syllabus is good, students also need industry exposure. A list of corporate entities, financial practitioners and experts should be prepared under whom students can train,” he said.The new syllabus for Commerce and Management includes Skill Development, wherein students will indulge in preparation of financial statements. “Students are required to maintain record books, and five practical assignments per subjects will be graded,” said Prof Gowda.Fifth semester of BHM will be dedicated to industry exposure. “In the fifth semester, BHM students will visit reputed hotels for training. Three hundred marks have been allotted for project work. Also, in the sixth semester, students will spend 45 days in the industry,” Prof Gowda informed.
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