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About Bachelor of Commerce

BACHELOR OF COMMERCE

Bachelor of Commerce is the third most popular degree programme after B.A. & B.Sc. amongst students in India.

B.Com is the abbreviation of the Bachelor of Commerce.

According to the research report (AISHE 2018-19), B.com degree has been awarded to 9.6 lakh students for the previous academic year. 

B.Com is one of the most sought after career-oriented professional programs offered at the master‛s level.

BCom is the best option for students who want to make a career in commerce, accounting, finance, banking, and insurance.

It opens up innumerable career options and opportunities to the aspiring students both in India and abroad. 

B.Com graduates have many career options in both the private and public sectors.

They can work as Accountants, Cashiers, Auditors, Tax expert etc.

BCom is also ideal for those who wish to pursue professional courses such as CA, CS, CFA, and, ICWA.

The BCom programme is useful for the students desirous to enhance their qualification in commerce.

And related areas like accounting, auditing, taxation, corporate laws, management, economics, finance, marketing, human resource management, and business communication.

The programme also provides the students an opportunity to explore, experiment, and equip themselves to serve society not only as employment seeker but also as an entrepreneur and job creator.

B.Com’s education gives you new skills and knowledge to enhance your current career.

It provides you with the knowledge, practical skills, and personal insights that will give a concrete foundation for a successful future.

After working in the office for two or three years, and gaining adequate experience, you will realize that you were in fact stuck in a comfort zone.

By doing your B.Com course, you will soon be forced out of your comfort zone and learn how to deal with the latest issues.

Under BCom, there are three most popular courses, namely BCom or BCom-General, BCom (Honours), and BCom LLB.

BCom (General)

The BCom or BCom-General is also referred to as BCom-Pass by many universities.

B.Com pass course imparts knowledge and overview of the commerce subjects but students have no option for specializing in a particular subject.

BCom (Honours)

BCom (Honours) offers specialization in the field of Accounting and Finance, Marketing, Human Resource Management, etc.

​​B. Com( Hons) Top Specializations:

  • Accounts & Finance
  • Economics
  • Investment Management
  • Banking And Insurance
  • Financial Market
  • Taxation
  • Human Resources
  • Law
  • Information Management
  • Marketing​

If you opt for accounting  & finance as a major in your bachelor of commerce, you will be qualified to work in a range of accounting disciplines including financial accounting, financial management, corporate accounting, taxation, auditing, and business consulting in many industries.

Opting management as a major,  you will be qualified to work in a range of management disciplines in both the public and private sectors including production management, general management, and contract management.

If you opt for marketing as a major in your B.com, you will be qualified to work in a range of marketing roles including marketing and sales management, product management, services marketing, marketing research, brand management, customer service management, etc.

BCom LLB

Bachelor of Commerce and Bachelor of Legislative Law (BCom LLB) is an integrated course wherein aspirants are taught both commerce and law subjects.

The duration of Bcom LLB is of five years.

B.Com LLB is a great career choice for those who have an interest in business and law together.

As it allows candidates to gain full knowledge and gain two degrees within the span of five years i.e Bcom and LLB.

​Course Duration

It is a three-year undergraduate course.  In the case of professional courses, the duration may be more. The maximum duration is five years.

Eligibility for B.com

10+2  or any other equivalent examination passed from any recognized board.

You need to have a minimum percentage laid down by different colleges and universities. 

Admission Process

The admission in BCom either is merit-based (that is, based on marks scored in Class XII Board/qualifying examinations) or entrance-based (that is, based on written/practical test.

The admission process can be online or offline. See the relevant college website for more information.

Some universities like Delhi University and  Banaras Hindu University do conduct an entrance exam for admission.

BCom Entrance Exams

GGSIPU CET: Guru Gobind Singh Indraprastha University Common Entrance Test (GGSIPU CET) is conducted by Guru Gobind Singh Indraprastha University.

Candidates can apply for GGSIPU CET  in the online mode only from the University Website: http://www.ipu.ac.in.

The Examination shall be conducted as Computer Based Test (CBT) only.

Suggested book for GGSIPU CET (B.Com):

BHU UET: Banaras Hindu University Entrance Test (BHU UET) is an online entrance exam.

Candidates can apply for BHU UET in the online mode from the University Website: http://bhuonline.in.

Suggested book for BHU UET (B.Com):

Fee Structure

The average course fee for an aspirant of Bachelor of Commerce [B.Com] ranges from INR 7,500 to INR 1 lakh per annum. 

Top Universities and Colleges

Some of the top universities for B.Com  in India are:

  • Delhi University, Delhi
  • Christ University, Bangalore
  • Jain University, Bangalore
  • Chandigarh University – [CU], Chandigarh
  • Allahabad University (Central University)

Some of the Top BCom colleges in India with average annual fee are:

College Name Admission Process Average Annual Fees (INR)
SRCC - Shri Ram College of Commerce
Merit-Based
29000
Lady Shri Ram College for Women
Merit-Based
21000
St. Xavier’s College
Merit-Based
46000
Hindu College
Merit-Based
17000
Hansraj college
Merit-Based
20000

B.Com Syllabus

This degree program put stress on subjects like accounting, Banking, Statistics, Business Laws, Entrepreneurial Development, Economics, HRM, Marketing, and Income Tax.

Bachelor of Commerce (B Com) is usually divided into 3 years or 6 semesters. One year has two semesters and each semester comprises of 6 months.

There are hundreds of universities that offer B.Com courses and each university follows slightly different syllabus, we have taken Delhi University as an example below.

Semester I

Core Papers:
1- Financial Accounting
2- Business Organisation & Management

Semester II

Core Papers:
1- Business Laws 
2- Business Mathematics & Statistics

Semester III

Core Papers:
1- Company Law 
2– Income Tax Law &Practice 

Elective Papers (Any one):
(a) - Computer Applications in Business
(b) - Cyber Crimes & Laws

Semester IV

Core Papers:
1- Corporate Accounting 
2- Cost Accounting

Elective Papers (Any one):
(a) - E-Commerce 
(b) - Investing in Stock Markets 
(c)- Personal Tax Planning

Semester V

Discipline-Specific Elective (Any one):
(a) - Human Resource Management
(b) - Principles of Marketing
(c)- Auditing and Corporate Governance 
(d) - Financial Reporting and Analysis 
(e)- Document Management System 

Discipline-Specific Elective (Any one):
(a) - Fundamentals of Financial Management 
(b) - Goods & Service Tax (GST) and Customs Laws
(c) - Training and Development 
(d) - Industrial Laws

Skill Enhancement Course (Any one):
(a) - Entrepreneurship Development
(b) - Personal Finance

Generic Elective:
(a) - Human Resource management 
(b) - Basics of Accounting
(c) - Fundamentals of Marketing 
(d) - Business Ethics and Sustainability

Semester VI

Discipline-Specific Elective (Any one)
(a) - Corporate Tax Planning 
(b) - Banking and Insurance
(c) - Management Accounting 
(d) - Computerised Accounting System
(e) - Financial Markets, Institutions and Services

Discipline Specific Elective (Any one)
(a) - International Business 
(b) - Fundamentals of Investment
(c) - Consumer Protection 
(d) - Organizational Behaviour 

Skill Enhancement Course (Any one)
(a) - Advertising, Personal Selling & Salesmanship 
(b) - Collective Bargaining and Negotiation Skills 

Generic Elective
(a) - Entrepreneurship Development
(b) - Training and Development
(c) - Finance for Non- Finance Executives

Job Opportunities for B Com

The prospect of a career in Commerce is quite good and demanding. After successful completion of the B.com degree, the students can get job opportunities in the following sectors.

  • Corporate Sector
  • Banking Sector
  • Insurance Sector  
  • Education sector  
  • Marketing Sector

Job Profiles & Average Salary for B.Com

Some of the job profiles for BCom graduates are listed below:

Job Profile Average Salary
Accountant
Rs 2 lakh per annum and above
Financial Analyst
Rs 3.7 lakh per annum and above
Financial Consultant
Rs 5 lakh per annum and above
Account Executive
Rs 2.5 lakh per annum and above
Jr Accountant
Rs 1.75 lakh per annum and above
Accounts Manager
Rs 5.8 lakh per annum and above
Business Executive
Rs 3 lakh per annum and above
Business Consultant
Rs 9 lakh per annum and above

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