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Amity University Patna: Best Law College in Bihar
Are you also dreaming of becoming a legal trailblazer in Bihar? As you embark on your law school journey, the quest for the best law college in Bihar intensifies. Check out Amity University Patna (Amity Patna), nestled in the heart of Patna offers an exceptional law program. Providing you with a curriculum to equip you with the knowledge, skills, and confidence to excel in the legal arena.
Amity University Patna, a proud addition to the 25-year-old Amity Education Group, is committed to nation-building through excellence in higher education, research, and innovation. Established under the Bihar Private University 2013 Amendment Act 2017, this institution aims to revolutionize legal education in India.
Best Law College in Patna
Your search for a law college in Patna is over, LLB in Amity University Patna offers the cutting edge curriculum to understand Indian law and excel in the field. The university is a top choice for your dream career in law because of its constant commitment to academic excellence and holistic development.
Top Univesity in Patna for Your Law Career:
1. The institute offers a unique combination of cutting-edge curricula, state-of-the-art facilities, and distinguished instructors.
2. The degree's extensive topic coverage ensures that students are equipped to operate in a range of legal disciplines.
3. Through lectures, internships, moot court competitions, and hands-on learning, students gain important insights into the legal sector.
4. The school also encourages extracurricular activities and community service to develop well-rounded legal professionals who may have a beneficial impact on society.
Let's explore some of the courses offered by Amity University, the best law college in Bihar:
B.A., LL.B(Hons)
Eligibility
10+2 (min-50%)
Duration
5 Years
Program Fee
1st Year Non-Sponsored Semester Fee is Rs.0.70 Lacs
BBA LL.B.(Hons)
Eligibility
10+2 (min-50%)
Duration
5 Years
Program Fee
1st Year Non-Sponsored Semester Fee is Rs. 0.70 Lacs
Conclusion:Your quest for the best law college in Bihar ends at Amity Patna. With its esteemed faculty, curriculum, and approach, Amity Patna entrusts you to change into a confident and successful legal professional. So, take the first step towards your legal aspirations, choose Amity Patna, and open your true potential.
Visit https://amity.edu/Bihar/ to know more!
Source: https://amityuniversitypatna.blogspot.com/2024/02/amity-university-patna-best-law-college.html
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Goodwill: Nature & Valuation
Goodwill
Goodwill is refers to brand image of a company and monetary valuation of income that it can generate due to its brand value in the market.
Goodwill is of two types:
Self Generated Goodwill – It is brand image of a business organisation generated over a period of time of its business in the market. It is not accounted or written in Balance Sheet.
Purchased Goodwill – It is excess of price paid for a business as a whole over the Book Value or Agreed Value of all tangible net assets purchased.
Methods of valuation of goodwill
There are three methods for valuing Goodwill:
1. Average Profit Method
2. Super Profit Method
3. Capitalisation Method
1. Average Profit Method
Under this Method, Goodwill can be calculated either by Simple Average Profit Method or Weighted Average Profit Method.
A. Simple Average Profit Method
Goodwill = Average Profit × Number of Years ‘Purchase.
Average Profit = Sum total of profits of Business ÷ Number of years of Normal Profit
Number of years’ Purchase means number of years for which Business Organisation who is paying for Goodwill will be able to earn same amount of Profit after change of Ownership of Business.
Calculation of Profit in case of Adjustments to be made Rs. Profit or Loss before Adjustment Add: Abnormal Losses such as Loss by Fire, Loss on sale of Asset Over Valuation of Opening Stock (It has led to reduction in Profit) Undervaluation of Closing Stock (It has led to reduction in Profit) Non Recurring expenses (expenses which do not occur on regular Basis) Capital Expenditure charged as Revenue Expenditure (Purchase of Machinery wrongly debited to Purchase Account)
Less: Abnormal Gains (Profit on Sale of Fixed Assets) Over Valuation of Closing Stock or Under Valuation of Opening Stock (It has increased Profit) Non Recurring Income (Incomes which do not occur on regular Basis) Partners’ Remuneration, if not deducted
Profit after Adjustment / Adjusted Profit
B. Weighted Average Profit Method Weighted Average Profit = ∑ (Pn × Wn) ÷ ∑W = Sum total of (Profit of respective year × weight of Respective year) ÷ Sum Total of Weight. Goodwill = Weighted Average Profit × Number of years’ Purchase
2. Super Profit Method
Excess of Actual profit over Normal Profit is known as Super Profit.
Goodwill = Super Profit × Number of Years’ Purchase.
Super Profit = Adjusted Profit – Normal Profit
Normal Profit = Average Capital Employed × Normal Rate of Return / 100
Average Capital Employed = (Opening Capital Employed + Closing Capital Employed)/2
Net Asset or Capital Employed = Capital + Reserve & Surplus – Fictitious Assets – Non Trade Investment
= All Assets (Except Goodwill & Fictitious Assets & Non Trade Investment) – Non Current Liability – Current Liability
Kindly Refer Ratio Analysis Chapter for more Details on Capital Employed / Net Asset
Normal Rate of Return (NRR) is the return earned by similar type of business of same Industry.
3. Capitalisation Method
Two Methods studied under it is:
A. Capitalisation of Average Profit
Goodwill = Total Capitalised Value of Business – Net Assets
Capitalised Value of Business = Average Profit × 100 /NRR
Net Asset or Capital Employed = Capital + Reserve & Surplus – Fictitious Assets – Non Trade Investment
= All Assets (Except Goodwill & Fictitious Assets & Non Trade Investment) – Non Current Liability – Current Liability
Kindly Refer Ratio Analysis Chapter for more Details on Capital Employed / Net Asset
B. Capitalisation of Super Profit
Goodwill = Super Profit × (100 / NRR)
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Why an MBA Degree is the Best Career Option?
Are you a working professional who is working and wants to pursue an MBA but do not have time to attend regular classes.
Or you are a housewife, who wants to complete an MBA degree but not able to go to college to attend lectures.
Or you’re a graduate student looking for a job but along with the job you do not want to leave your studies. You want to complete your masters but don't have time to study for long hours in college.
Then, now you can now do it at very ease. You do not have to attend back to back long hours of college lectures and do not have to complete the goal of getting 75% attendance. You can now get your MBA degree just by doing your job, doing domestic chores, and other works as well.

Yes, because of the Distance Learning Courses for MBA.
There are many colleges that understand that there are numerous tasks that every person has to do. When he/she cross off their teenage.
Hence, many colleges have started offering Distance Learning MBA Courses. So that people can continue their studies without quitting their other works.
According to research, more than 4,000,00 students pass out each year and this number is constantly increasing each year and that’s why it comes across as one of the most demanding master’s degree programs in India.
What are the specializations of an MBA?
1. MBA in Finance
2. MBA in Marketing
3. MBA in Information Technology (IT)
4. MBA in International Business
5. MBA in Operations Management
6. MBA in Leadership
7. MBA in Strategy
8. MBA in Entrepreneurship
9. MBA in Innovation
10. MBA in Corporate Social Responsibility
What are the benefits of the MBA Program?
An MBA degree gives you several benefits in both personal and professional ways. It doesn’t matter in which department (such as technology, management, finance, marketing, manufacturing, etc.) you’re working. It opens the doors of great opportunities for you.

There are several benefits that you would be getting once you complete the MBA program. Few benefits are listed below :
a. Great time management skills
b. New career paths for you
c. Great professional skills
d. Attractive salary packages
e. More knowledgeable and marketing expert
f. Creative thinking skills
g. Better communication skills with self-discipline
h. Good leadership and management skills
i. Better brand reputation management and promotion skills
j. Able to collect, interpret and create reports on the basis of industry data
k. Ability to manage difficult situations
What are the best colleges for distance learning MBA?
1. Indira Gandhi National Open University ( IGNOU)
2. Symbiosis Center for Distance Learning (SCDL)
3. Institute of Management Technologies (IMT)
4. Institute of Chartered Financial Analysts of India University (ICFAI)
5. Sikkim Manipal University (SKM)
6. Annamalai University
7. Narsee Monjee Institute of Management Studies
8. Amity University
9. Lovely Professional Univesity
10. Bharati Vidyapeeth Deemed University
These are the top colleges that have been rated for the best distance learning college/universities for MBA. You can choose any of the listed above. Your degree from every single college would be equally valuable and competent as those provided by any private college/university.
All the best!
Choose the college accordingly and take your career to grow to an extent level.
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letters
Peter Sokolowski -- Advisory Board Member Trustee, Alpha Delta
and University of Chicago Trustee
an Editor in Chief Merriam
From Rene Justin B Ocampo, of Alpha Delta and Manhattan Institute and Colleges and Berkely Royal School sans Merriam
Peter,
I am writing you, since we are of the House of Vidal/and Ocampo, and it is now undestood that as Univesity of Chicago of which we are on the board, has won the nobel, and we together have won the merriam pulitzer for our trilogy which is in prepartory to antiquities,
Be it known the House of Gore is in the board of Regents of University of Chicago and I as a designate of Merriam, as well as the writing house of Vidal/Ocampo, must extend this invitation to join our writing house at Vidal/Ocampo, while on whole we are a part of Ocampo Publishing, and we had hoped you may also extend an invitation, as both of us are merriam designates, to have Gore(s) join the board committee at Merriam Pulitzer.
May it be put upon peer review and vote amiti.
Rene Justin B Ocampo -- For Immediate Press Release
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Letters
To The Board Trustee of Regents at Yale
An Jacob Salovey and Scot Strobel
For Immediate Press Release CNN FoX MSNBC
Just a quick note, I’d like to propose that while I am away, my designate for a trustee position, toward an appointment with due diligence and peer review an vote amiti, in Erin Hardacker who is a family member just recently made Regent at Columbia University with a PhD in Honors Journalism, and has a PhD in Southeast Asian History from University of Wisconsin and is a fellow in Physics at Washington University at St Louis who earned took her scholarly studies at Loyola, University of Chicago and undergrad at Lawrence, as a Lawrentian Scholar. She’s currently a PhD Candidate in Engllish Lit UC with their secret work study publishing honors program, and, upon amiti I am proposing a desginate rotational emerita trustee position in an Associate Dean’s post in History/Humanities Division, as a Visiting Scholar.
She is being groomed to run the Publishing Program at Univesity of Chicago and I would like her to be a trustee and visiting scholar at Yale in the form of Associate Dean Emerita status, her area of focus is in Philippine Society and Mekong.
But will focus on Literature.
She will be my designate as I am working on my work as a Delta Officer in the current war now.
Sincerrely’
Rene Justin Bejasa Ocampo
Head of Military Intel and Alpha Delta
Yale Regent
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