The Bachelor of Commerce, popularly known by its abbreviation B.Com, is a three-year undergraduate course. B.Com is one of the most common bachelor programmes and is therefore offered in a large number of universities and colleges. B.Com is the favourite alternative for most students who complete their high school in the commerce field. In regular mode and also via distance learning, this Bachelor’s degree programme is offered to those candidates, who want to build a career in the commerce sector.
Those candidates who wish to pursue Chartered Accountancy, Cost Accounting and Company Secretaryship, B.Com is ideal for them. Before learning about B.Com’s career options, let us talk about What’s a Bachelor of Commerce.
Course Highlights
| Full Course name | Bachelor of Commerce |
| Short name | B.Com |
| Course Level | Undergraduate |
| Degree | Bachelor’s Degree |
| Course Type | Commerce |
| Course Duration | 3 Years |
| Mode | Regular/Distance |
| Selection Process | Direct/Entrance |
| Average Fees | ₹ 10,000 – 1 Lakh per year |
Specializations in B.Com Course
The Bachelor of Commerce has various specialisations, such as:
- Economics
- Business Studies
- Computer Applications
- Foreign Trade Management
- Taxation
- Accounting
- E-commerce
- Finance
Eligibility
Candidates meet the criteria of eligibility for the B.Com course if-
- Their 10+2 from a recognized board/institution have been completed.
- Studied commerce stream with subjects like Economics Business Studies, Accountancy Maths(optional) subject and English.
- Obtain at least 45% to 50% marks at their 10+2 standard.
Admission Process
The B.Com admission process is carried out either by entry tests or on the basis of merit.
Direct Admission
A majority of colleges in India follow the Direct Admission process. Applicants are chosen on the basis of their marks scored in the Intermediate exam results. If applicants have scored higher than or equal to the expected college’s cut-off scores, they will be eligible for admission at that school.
Admissions through Entrance
Admission by entrance exams is the second option for B.Com selection. Seats are granted to applicants on the basis of their marks scored in the entrance examinations conducted by the university or college.
Entrance Exams for B.Com Course
Certain schools and colleges conduct their own entrance tests in order to shortlist candidates for their B.Com programme. Some of the famous B.Com entrance tests are:
- BHU UET (Banaras Hindu University – Undergraduate Entrance Test)
- NPAT (National Test For Programs After Twelfth)
- AIMA UGAT ( All India Management Association Under Graduate Aptitude Test)
- IPU CET (Guru Gobind Singh Indraprastha University Common Entrance Test)
Top Colleges/Universities for B.Com across India
- University of Delhi, Delhi
- Banaras Hindu University (BHU), Varanasi
- Loyola College, Chennai
- Shri Ram College of Commerce, New Delhi
- St. Xavier’s College, Mumbai
- Hindu College, New Delhi
- Indian Institute of Management and Commerce, Hyderabad
- Isabella Thoburn Degree College, Lucknow
- National Post Graduate College, Lucknow
- St. Xavier’s College, Kolkata
Syllabus/Subjects
First Year
- Financial Accounting
- Business Mathematics and Statistics
- Environmental Studies (EVS)
- Laws of Business
- Micro Economics Principles (Elective)
- New Venture Planning (Elective)
- Economics of Regulation of Domestic and Foreign Exchange Markets (Elective)
- Macro Economics Principles (Elective)
- Business Organization and Management
- Language (English/ Hindi/ Modern Indian Language)
Second Year
- Indirect Tax Laws
- Company Law
- Corporate Accounting
- Financial Markets and Institutions
- E-Commerce
- Insurance and Banking
- Stock Markets Investment
- Financial Analysis and Reporting
- The economy of India(Elective)
- Laws of Income Tax (Elective)
- Industrial Laws (Elective)
- Human Resource Management (Elective)
Third Year
- Cost Accounting
- International Business
- Advertisement
- Corporate Governance and Auditing
- Business Communication
- Fundamentals of Financial Management
- Customer Care & Consumer Affairs
- Laws of Cyber Crime
- Salesmanship and Personal Selling
- Computer Applications in Business
- Marketing Principles (Elective)
- Training and Development (Elective)
Career and Salary after B.Com Course
Graduates of B.Com get plenty of career opportunities to choose from. In the entire employment sector, the demand for commerce graduates is very huge. The Bachelor of Commerce (B.Com) is a course with many career profiles that trains students for working in various fields of Commerce. Students get the chance to work in industries such as accounting, auditing, tax consulting services, financial services, commercial banking, and many more.
Bachelor of Commerce graduates receive a handsome pay package. The salaries of the applicants, however, vary from department to department. It varies between Rs. 10,000 and Rs. 25,000 per month for a new recruit.
Few job profiles available for B.Com graduates are mentioned below.
| SNo. | Job Profile | Average Annual Salary |
|---|---|---|
| 1. | Finance Officer | INR 5.6 Lakh |
| 2. | Accountant | INR 4 Lakh |
| 3. | Tax Accountant | INR 5 Lakh |
| 4. | Human Resource Manager | INR 7 Lakh |
| 5. | Investment Analyst | INR 3.29 – 8 Lakh |
| 6. | Business Consultant | INR 4 – 12 Lakh |
| 7. | Charted Accountant | INR 10 – 12 Lakh |
The course prepares the students for CA and CS as well. The advanced career opportunities in this area are – Chartered Accountant (CA) / Cost and Work Accountant (CWA) / Company Secretary (CS).
B.Com Course – FAQ’s
They are both undergraduate courses in the field of Commerce. The B.Com (Hons) study level is higher than the normal B.Com. B.Com honours include specialized topics, while B.Com. standard courses include general topics. In contrast to standard B.com, the topics in B.com (Hons.) are in-depth.
After B.com, individuals still have the opportunity to pursue higher studies. You can apply for a Master of Commerce (M.Com) or a Master of Business Administration (MBA). Candidates can also undertake a research programme (PhD). They have the opportunity to apply for a Doctorate in Commerce (D.Com), a Doctorate in Business Administration (DBA), or a Doctorate in Philosophy (PhD).
