Bachelor of Commerce (B.Com) Course

Bachelor of Commerce (B.Com) is an undergraduate academic degree awarded for a course in Commerce. In the general sense, any combinations of subjects can be chosen by the aspirants instead of 1 or 2 obligatory subjects. This may vary from institute to institute. B.Com program generally lasts for 3 to 4 years varying upon universities norms. Generally, it is divided into 6 semesters. The B.Com courses list includes Marketing, Human Resource, Finance specialization as the subjects of study. The program is designed and guided by competent accounting professionals to groom scholars in order to fill the supply-demand gap in the field of commerce and accounting.

By pursuing this course, aspirants will attain conceptual knowledge and analytical skills that may help in areas of employment at various levels. This course aims at equipping comprehensive insight into accounting, finance, taxation, law, management and so on. In B.Com Professional get the opportunity to learn about computerized accounting and they also get chance to undergo training with chartered accountants.

The B.Com course details and equips students with the knowledge of:
  • Accounting principles
  • Export and import laws
  • Economic policies
  • Other aspects that impact trade and business

Commerce applicants can take up Chartered Accountant (CA), Civil Works Administration (CWA), CSS, and other courses easily. Aspirants in India can also pursue B.Com courses alongside with CA or CS programs. B.Com course is offered in many different disciplines to train candidates in a specified field. The degree provides the learners with a wide range of managerial skills and competence in a particular area of Commerce.

Bachelor of Commerce Specialization

B.Com. - Advertising & Sales Management:

In this program, scholars are taught about the important aspects of Advertising and Sales Management. It is beneficial for students who want to work in the marketing and advertising industry.

B.Com. - Computer Application:

Under this program, applicants are taught about computer application, software development and operating procedures, along with regular commerce subjects like accounts, economics, statistics etc.

B.Com. - Foreign Trade:

In this aspirants, are instructed about foreign trade procedures and transactions, along with regular B. Com. subjects. It is beneficial for those hopefuls who want to work in an organisation which is involved in import and /or export activities.

B.Com. - E-Commerce:

In this program, learners are taught to effectively manage e-commerce business like online shops, or business portals along with technical and legal issues associated with it. It is beneficial for those hopefuls who have a knack for Commerce in the Electronic form.

B.Com. - Honours:
  1. Com (Honours) is an extensive form of General or Pass Course B. Com. Many colleges provide these courses in semester system like in Engineering, MBA or other courses. All subjects are taught in detailed form than they are covered in normal B. Com. Besides this, candidates are allowed to choose one subject for specialization in their final year. For example, one can opt for specialization in Accounts, Management, Cost Account, Economics or any other subject.
B.Com. - Office Management:

In B.Com office management, students are taught about computer applications, office administration, communication skills, work ethics and corporate culture. It is beneficial for those applicants who are interested in managing an office.

B.Com. - Tax Procedure:

In this program, hopefuls are educated about tax procedures and essentials, along with other commercial subjects. It is beneficial for scholars who want to work in Accounts or Tax department of any company or those who want to start their own tax consultancy firm.


Why choose Bachelor of Commerce?

Aspirants are taught numerous subjects during B.Com to grant employment or self-employment opportunities. B.Com is considered the second option for those who are not that good in Science and those who think that Arts Degree is of less importance compared to Commerce. So the scholars who are not able to make it in science stream generally opt for Commerce as per the Indian Trend.

Bachelor of Commerce Degree holders possesses a higher employment rate as there is no business which does not demands for Manager or a Commerce Specialist to manage the financial aspects of their respective businesses. All the companies registered under the Companies Act, are required to get their accounts audited only by practising Chartered Accountants because of which accountants never run out of the job. A qualified CA also has the option of joining the Public Sector, Government Service undertakings or taking up a lucrative assignment in the private sector.

The education of Commerce provides a platform for work opportunities in a range of:
  • Financial services
  • Banking
  • Business
  • Industry
  • Management
  • Entrepreneurial ventures
  • Law
  • Hotel management
  • Government services

Top financial institutions recruit B.Com graduates through college placements fill in their junior level positions for the company. The key job profiles after B.Com course are Budget Analysts, Entrepreneurship/Own Business, Financial Analyst, Investment Analysts etc.

Eligibility Criteria for Bachelor of Commerce:-
  • Aspirants with minimum 50% of aggregate marks in 10+2 from the recognised educational board with Commerce / Science / Arts streams are eligible to take admission in B.Com Course.
  • Numerous universities/colleges prefer candidates with 50% marks for the admission process.

Admission Procedure:
  • Generally, the admissions for B.Com courses is on merit-based. But some universities conduct there own entrance exam for admissions. Applicants seeking admission to B.com program are required to fill out admission applications of the colleges they desire. The application forms are then processed by various college and a merit list is released.
  • Once a candidate clears the first round of selection then they will be required to attend an interview process. Succeeding merit lists will be released by colleges, depending on the number of seats they have.
  • Admission to B.com program is guaranteed after the payment of admission fee by applicants. Aspirants are supposed to submit originals of required documents at this stage.
Institutes conducting entranced exams for selection of the deserving candidate. Some of these are given as follows:
  • Jain University Entrance Exam
  • Christ University Entrance Exam
  • Symbiosis College of Arts and Commerce Entrance Exam
  • Narsee Monjee Institute of Management Studies Entrance Exam
  • St Joseph's College Devagiri Entrance Exam
  • Xavier University Entrance Exam
  • University of Mumbai Entrance Exam
  • Amity University Entrance Exam
Syllabus and Subjects

Syllabus of Bachelor of Commerce issued by various college and universities.

1 Year

Semester I

Semester II

Punjabi or History and Culture of Punjab

Punjabi Or History and Culture of Punjab

English And Business Communication

English And Business Communication

Interdisciplinary Psychology for Managers

Interdisciplinary e-Commerce

Business Economics-I

Business Economics-II

Principles of Financial Accounting

Corporate Accounting

Commercial Laws

Business Laws

Principles and Practices of Management

Human Resource Management

2 Year

Semester III

Semester IV

Interdisciplinary Issues in Indian Commerce

Interdisciplinary Security Analysis and Portfolio Management

Cost Accounting

Advanced Accounting

Company Law

Auditing and Secretarial Practice

Business Mathematics and Statistics

Cost Management

Banking and Insurance

Marketing Management

Indirect Tax Laws

Quantitative Techniques and Methods

3 Year

Semester V

Semester VI

Income Tax Law

Direct Tax Law

Management Accounting

Financial Management

Indian Economy

Issues in Financial Reporting

Production and Operation Management

Social and Business Ethics

Entrepreneurship and Small Business

Operation Research

Financial Markets and Services

Sectoral Aspects of Indian Economy


Study areas for Bachelor of Commerce:
  • Actuarial Science
  • Business Economics
  • Banking
  • Communication
  • Computers & Management Information Systems
  • Decision Analysis
  • Economics
  • Econometrics
  • Business System Analysis
  • Electronic Commerce
  • Entrepreneurship
  • Finance & Financial Markets
  • Government
  • Human Resource
  • Auditing
  • Accounting
  • Transport Economics
  • Statistics
  • Supply chain Management
  • Organizational Studies
  • Mathematics
  • Management Science
  • Law
  • Industrial Psychology
  • Information Management
  • Logistics Management
  • Insurance
  • Labor Relations
  • Risk Management/ Financial Risk
  • Management
  • Marketing
Colleges offering Bachelor of Commerce:
  • SP Jain Institute of Management & Research, Mumbai
  • University of Rajasthan, Jaipur
  • Faculty of Management Studies, University of Delhi
  • Indian Institute of Management (IIM), Lucknow
  • Punjab University, Chandigarh
  • SVKM's Narsee Monjee Institute of Management Studies, Mumbai
  • University of Delhi, Delhi
  • Christ University, Bangalore
  • Xavier School of Management, Jamshedpur
  • Amity University, Noida
Zone Wise top 5 colleges for B.Com

North

SI.No.

Name of the Institute

1

FMS, New Delhi

2

IIFT, Bangalore

3

MDI, Gurgaon

4

IMI, New Delhi

5

DMS, IIT Delhi

 

South

SI.No.

Name of Institute

1

IIM, Kozhikode

2

TAPMI, Manipal

3

DMS, IIT Madras

4

MANAGE, Hyderabad

5

DMS, NIT Trichy

 

East

SI.No.

Name of Institute

1

IIM, Calcutta

2

XLRI, Jamshedpur

3

XIM, Bhubaneshwar

4

IIM, Shillong

5

XISS, Ranchi

 

West

SI.No.

Name of Institute

1

IIM, Ahmedabad

2

SPJIMR, Mumbai

3

SIPM, Pune

4

NITIE, Mumbai

5

NMIMS, Mumbai

Career prospectus after Bachelor of Commerce

The career opportunities for B.Com. graduates in Professional exist mainly in financial firms and in the banking sector. These professionals can work in the accounting section of various industrial houses and governmental firms. They can seek jobs in central government firms like Indian Statistical Institute. They can also get into various job positions available in various organizations under the Department of Commerce, Government of India.

With the tremendous hike in the number of job opportunities in education, government, business, management, MNCs, NGOs, retail sectors, banking, consultancy, finance, FMCG, consumer durables, IT, advertising and media, B.Com. is a necessity, and B.Com. Professional provides a deeper understanding of economic issues which is very useful in a managerial position in industries as well as banks. Bachelor of Commerce professional can also get jobs in national & multinational companies and even govt. jobs. As such job prospects for graduates of B.Com. Professional offer better options.

Employment Areas:
  • Banks
  • Budget Planning
  • Business Consultancies
  • Educational Institutes
  • Foreign Trade
  • Industrial Houses
  • Inventory Control
  • Investment Banking
  • Marketing
  • Merchant Banking
  • Public Accounting Firms
  • Working Capital Management
  • Policy Planning
  • Public Accounting Firms
  • Treasury and Forex Department
Job Types for Bachelor of Commerce:
  • Auditors
  • Budget Analysts
  • Business Operation Manager
  • Certified Public Accountant
  • Chartered Management Accountant
  • Entrepreneurship/Own Business
  • Finance Managers
  • Financial Analyst
  • Human Resource Managers
  • Investment Banker, Analysts
  • Marketing Managers
  • Market Researcher
  • Personal Financial Advisors
  • Stock Brokers
  • Teacher/Lecturer Job
Top Recruiting Companies:
  • Tata Consultancy Services (TCS)
  • Wipro
  • Hindustan Computers Limited (HCL)
  • Genpact
  • Accenture
  • Ernst & Young (EY)
  • HDFC Bank Pvt Ltd
  • Hongkong and Shanghai Banking Corporation (HSBC)
  • J.P. Morgan Chase & Co. (JPMCC)
Remuneration Perks

After completing Bachelor of Commerce aspirants can get starting salary of 20K to 40K per annum (approx) and after gaining the experience of 1 or 2 years the salary may get a hike of 1 lakhs to 2 lakhs annually.

Salary Offered Based on Industry for Bachelor of Commerce

Industry

Average Salary

Information Technology

Rs. 6,50,000

Financial Services

Rs. 4,35,000

BPO

Rs. 3,91,000

Manufacturing

Rs. 4,64,000

Telecommunications

Rs. 7,20,000

Banking

Rs. 5,00,000

Auditing and Tax Services

Rs. 5,97,000

Consulting

Rs. 5,87,000

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