B.Com. (Bachelor of Commerce) Studies: Details, Eligibility, Duration, Admissions, Specialisations and Careers
B.Com (General) in India
A Bachelor of Commerce or B. Com is an undergraduate degree in commerce and related subjects. The course is designed to provide students with a wide range of managerial skills and understanding in streams like finance, accounting, taxation and management. Bachelor of commerce offers understanding in Accounting, Economics, Business Law, Taxation, Insurance and management.
In India, the duration of B. Com is 3 years. Candidates can pursue B. Com in regular and distance mode. The level of study of B. Com (Hons) is higher than the regular B. Com. Bachelor of commerce honours includes specialised subjects whereas B. Com. regular course has more general subjects.
B.Com (Honours) in India
B.Com (Hons) is an undergraduate degree designed to inculcate business acumen in students. A student has the option to specialise in a specific subject like Accounting in honours. The cut-off for various universities/colleges is relatively higher for B.Com honours. One can also pursue courses like Chartered Accountancy along with your B.Com (honours.) The demand for the honours program under B.Com is much higher than the regular program in India and overseas.
Eligibility for B.Com. Studies in India
|B.Com||Students must have successfully passed 12th Standard/HSC/10+2 (or equivalent Level of Examination) from any recognised Board in India or overseas. Numerous universities prefer candidates with minimum 50% marks for the admission process.|
|B.Com (Hons)||The minimum eligibility is a Higher Secondary Certificate (10+2) qualification with a minimum aggregate score of 45%. The minimum marks may vary. Top colleges have a very high cut-off.|
Duration of B.Com. Studies in India
|B.Com||Usually it is a three-year course, but in some colleges it is of four years duration. In a regular college it has 6 semester, 2 semester in each year.|
Bachelor of commerce honours is for 3 years. In a regular college it has 6 semester, 2 semester in each year. Correspondence B.Com is also for 3 years, without any semester. Exams are conducted at the end of each year.
Admission to B.Com Studies in India
Criteria and Method of Admission
Admission is granted to the course usually on the basis of Marks scored in 12th standard. A merit list is prepared and then admission is done. Candidates seeking admission to the program in a college or university are required to fill out admission applications of the colleges they desire.
Admission to B.Com Hons course is through both entrance examinations as well as merit-based depending in the institution. Mainly it is merit based, but many universities hold an entrance exam for admission.
Semester-wise syllabus for B.Com. Studies in India
Semester 1 and 2 (Year 1)
Workshop on Computer Applications
Principles of Management and Organisation Behaviour
Workshop on Computerised Accounting
Semester 3 and 4 (Year 2)
Auditing Theory and Practice
Essentials of Marketing
Semester 5 and 6 (Year 3)
Income Tax Laws
Banking and Insurance
Indirect Tax Laws
Indian Economic Problems and Policies
Basic Financial Management
Job Profiles for a B.Com Graduate
General degree in B.Com can fetch you entry jobs as well as jobs as accountants in firms and companies. Some of them are listed below:
|Company Secretary||Stock Broker|
|Finance Officer||Business Development Trainee|
Top B.Com Colleges and Universities in India
AU College of Science and Technology
B Com is a general course, covering number of subjects, which were commonly related to commerce sector. More socialised is the B.Com Honours course. At present, the old B. Com program is offered across Colleges in India. Along with it, newly introduced specialization programs are also being offered across many Indian Colleges. These are:
It provides advanced study of general subjects such as Cost Accountancy and Organisational Behaviour, this helping to build in students competent business acumen.
The B.Com (Taxation) course prepares students for a professional qualification in Taxation thus making it easier to acquire a leadership / managerial role in the financial sector.
B.Com Foreign Trade Management
This program involves an advanced study of economics, business, accounts and their management. The course’s spectrum includes accounting of expenditure, management of resources, study of business relations, and management of trade flow, among others, thus leading to good job placements
B. Com Banking Management
This course aims to create trained professionals who can handle various financial activities associated with banking sectors and operate efficiently in the financial service sector along with handling various technologies employed in the field of Banking.
B.Com in Accountancy is an undergraduate commerce course.The course puts a strong emphasis on developing analytical skills and offers a solid grounding and professional competence in all aspects of accounting.
There is advanced learning in online business practices of organizations and procedures involved in managing a business online. With internet becoming a household name, E-Commerce transactions are also fast gaining popularity. Business transactions that take place over the internet are referred to as E-Commerce.
B Com Economics
The studies comprises of the challenges and financial issues that comes in the way of organisations in market place or economy. This course enables the candidates to analyse and to solve economic problems in public as well as private sectors at a micro as well as macro levels. This is a precursor of masters in Economics and thus ensuring good jobs.
B Com Management Studies
Its a specialised course and 10+2 examinations with 65% marks from a recognised board is the minimum eligibility. There are many institutes which offer this course in India. Major topics include in this course are commercialisation, statistical research, customer demands, trade and labour market.
B.Com Computer Applications
The course aims to produce qualified and trained personnel for fields such as banking, insurance, accounting, stock markets, e-commerce, and marketing, besides teaching jobs in universities and colleges. This is very helpful to take jobs in advanced software development
B.Com Course Synopsis
10+2 (English & Mathematics as core subjects)
INR 10,000-2,00,000 per year
Average Starting Salary
INR 2-6 Lakhs per annum
Banking, Consulting, Manufacturing, Telecommunications, Auditing, etc.