Important Update: Implementation of NEP 2020 from AY 2024-25
Dear Students,
We are excited to announce that the National Education Policy (NEP) 2020 will be implemented at Mumbai University starting from the academic year 2024-25. This significant reform aims to transform and modernize our education system, making it more inclusive, flexible, and multidisciplinary. Below, we provide key information to help you understand the changes and benefits brought by NEP 2020.
What is NEP 2020?
The NEP 2020 is a comprehensive framework aimed at overhauling the Indian education system to meet the needs of the 21st century. It emphasizes holistic, flexible, and multidisciplinary education with a focus on critical thinking, creativity, and lifelong learning.
Key Features of NEP 2020
How to achieve Distinctive Features of NEP 2020 ?
The new credit system under NEP 2020 includes various course categories designed to provide a comprehensive and flexible education. overview of Verticals in the Credit structure are as follows:
| Verticals | Description |
| Major | Core subjects of your chosen discipline. |
| Minor | Additional subjects to complement your major or explore other fields of interest. |
| Open Elective | Courses from any discipline, allowing for interdisciplinary learning. |
| Vocational Skill Courses(VSC), Skill Enhancement Courses(SEC) |
Skill-based courses focusing on practical and vocational training. |
| Ability Enhancement Courses (AEC), Value Education Courses(VEC), Indian Knowledge System (IKS) |
Courses aimed at improving communication, analytical, and other essential skills. Courses promoting ethical and value-based education. Courses highlighting the traditional and indigenous knowledge systems of India. |
| On-the-Job Training (OJT), Field Project (FP), Continuous Edu. Prog.(CEP), Co-Curricular (CC), Research Project (RP) |
Practical training integrated with academic programs to provide real-world experience. Hands-on projects conducted in real-world settings to apply theoretical knowledge. Courses aimed at providing ongoing education and skill enhancement for students and professionals. Activities outside the regular academic curriculum to promote overall development. Promoting research activities and publications in digital education and related fields. |
How Will NEP 2020 Affect You?
To Know More About NEP 2020 Click Here
Support and Resources
Our college is committed to supporting you during this transition. We will provide regular updates, counseling sessions, and workshops to help you navigate the changes brought by NEP 2020. For more detailed information, visit the Mumbai University NEP 2020 portal or contact our academic advisors.
We believe that NEP 2020 will open up new opportunities for all students and contribute to a brighter future. Embrace this change and make the most of the new academic framework!
> Circular of guidelines regarding for ATKT in NEP
Best regards,
Mumbai Pradesh Arya Vidya Sabha’s Gurukul College of Commerce
Scheme of Examination:
⦁For B.Com: The performance of the Learners will be evaluated by one examination of 100 marks at the end of every Semester. (for Foundation Course subject Internal Assessment component carrying 25% marks and the Semester End Examination component carrying 75% marks will be applicable.)
⦁For B.Com (A&F)/B.Com (B&I)/BMS: The performance of the Learners will be evaluated in two Components. One component will be the Internal Assessment component carrying 25% marks and the second component will be the Semester-wise End Examination component carrying 75% marks.
Passing Standard:
⦁ For B.Com: The Learners to pass a course shall have to obtain a minimum of 40% marks in aggregate for each course at the end of every Semester Examination. The learners shall obtain minimum of 40% marks (i.e 40 marks out of 100) to pass the course and minimum of Grade D to pass a particular semester. The result of the Semester VI shall be kept in abeyance until the student passes each of Semester I, Semester II, Semester III, Semester IV and Semester V.
⦁ For B.Com (A&F)/B.Com (B&I)/BMS: The Learners to pass a course shall have to obtain a minimum of 40% marks in aggregate for each course where the course consists of Internal Assessment and Semester End Examination. The learners shall obtain minimum of 40% marks (i.e. 10 out of 25) in the Internal Assessment and 40% marks in Semester End Examination (i.e. 30 out of 75) separately, to pass the course and minimum of Grade D to pass a particular semester. A learner will be said to have passed the course if the learner passes the Internal Assessment and Semester End Examination together. The result of the Semester VI shall be kept in abeyance until the student passes each of Semester I, Semester II, Semester III, Semester IV and Semester V.
As per the UGC guidelines the University of Mumbai has introduced the new Choice Based Credit System w.e.f the academic year 2016-17. A detailed description of the system is given for understanding of students as follows:
Credit Assignment & Points
The total credit value/point shall be 120 credits for UG programmes.
| Faculty | Sem I | Sem II | Sem III | Sem IV | Sem V | Sem VI | Total Credits |
| B.Com | 20 | 20 | 20 | 20 | 20 | 20 | 120 |
| B.Com (A & F) | 20 | 20 | 20 | 20 | 20 | 20 | 120 |
| B.Com (B & I) | 20 | 20 | 20 | 20 | 20 | 20 | 120 |
| BMS | 20 | 20 | 20 | 20 | 20 | 20 | 120 |
Scheme of Examination:
⦁ For M.Com (Advanced Accountancy and Business Management): The performance of the learners will be evaluated in two components. One component will be the Internal Assessment component carrying 40% marks and the second component will be the Semester End Examination component carrying 60% marks.
Internal Assessment: The Internal Assessment will consist of one class test of 40 marks for each course excluding projects.
Standard of Passing
The learner to pass a course shall have to obtain a minimum of 40% marks in aggregate for each course where the course consists of Internal Assessment & Semester End Examination. The learner shall obtain minimum of 40% marks (i.e. 16 out of 40) in the Internal Assessment and 40% marks in Semester End Examination (i.e. 24 out of 60) separately, to pass the course and minimum of Grade E in the project component, wherever applicable to pass a particular semester. A learner will be said to have passed the course if the learner passes the Internal Assessment & Semester End Examination together.
Allowed to Keep Terms (ATKT)
1) A learner shall be allowed to keep term for Semester II irrespective of number of courses of failure in the semester I.
2) A learner shall be allowed to keep term for Semester III if he/she passes each of the semester I and Semester II OR a learner fails in not more than two courses of Semester I and not more than two courses of Semester II.
Credits point
| Course | Sem I | Sem II | Sem III | Sem IV | Total Credits |
| M.COM (ACCOUNTANCY) | 24 | 24 | 24 | 24 | 96 |
| M.COM (MANAGEMENT) | 24 | 24 | 24 | 24 | 96 |
The 10 point grading system
| % of Marks obtained out of 100 | Grade | Grade Points |
| 90-100 | A+ | 10 |
| 80-89 | A | 9 |
| 70-79 | B+ | 8 |
| 60-69 | B | 7 |
| 50-59 | C+ | 6 |
| 45-54 | C | 5 |
| 39-44 | D | 4 |
| 39 and less | F | 0 |
Standard of Passing
The learner to pass a course shall have to obtain a minimum of 40% marks in aggregate for each course where the course consists of Internal Assessment & Semester End Examination. The learner shall obtain minimum of 40% marks (i.e. 16 out of 40) in the Internal Assessment and 40% marks in Semester End Examination (i.e. 24 out of 60) separately, to pass the course and minimum of Grade E in the project component, wherever applicable to pass a particular semester. A learner will be said to have passed the course if the learner passes the Internal Assessment & Semester End Examination together.
Allowed to Keep Terms (ATKT)
1) A learner shall be allowed to keep term for Semester II irrespective of number of courses of failure in the semester I.
2) A learner shall be allowed to keep term for Semester III if he/she passes each of the semester I and Semester II OR a learner fails in not more than two courses of Semester I and not more than two courses of Semester II.
