Bachelor of Commerce (B.com) is a three year long undergraduate course that is evenly distributed into 6 half-yearly semesters. The minimum required B.com eligibility is completion of higher secondary schooling (10+2) from a recognized board of education with English and Math as core subjects.
B.com. degree course is distinct from B.Com. (Hons.) as the latter allows specialization in various B.com subjects that students can choose from. Some of the popular B.com colleges in India are:
- Sri Venkateswara College, New Delhi
- St. Xavier’s College, Mumbai
- Christ University, Bangalore
- Loyola College, Chennai
- Nizam College, Hyderabad
Average fee to pursue B.Com. ranges from 10k-1Lac per year. A high number of jobs are available for B.com graduates in industries such as Information Technology, Manufacturing, BPO, Telecommunications and Banking. Average salary offered to B.com graduates varies with the industry that hires them. It lies roughly between 2-5 Lacs Indian rupees per year.
The most sought after B.Com. jobs are Bank PO, Accountant, Event Management, Lecturer, Chartered Accountant, Human Resource Development etc.
Top Colleges for Bachelor of Commerce [B.Com]
- Bachelor of Commerce [B.Com] in Tamil Nadu
- Bachelor of Commerce [B.Com] in Maharashtra
- Bachelor of Commerce [B.Com] in Uttar Pradesh
- Bachelor of Commerce [B.Com] in Karnataka
- Bachelor of Commerce [B.Com] in Punjab
B.Com. Course Details
The 3 year B.com degree program aims to facilitate a deep understanding of how business organizations work. It develops knowledge and skills in core B.com subjects like Accounting, Finance, Banking & Insurance, Marketing, Human Resources and Taxation.
The entire B.com syllabus is designed in a manner which develops competency in students, allowing them to pursue higher level programs. It also increases practical knowledge and employability.
|Examination Type||Semester (half-yearly)|
|Eligibility||10+2 (English & Math- core subjects)|
|Course Fee||10k-1L per year|
|Average Starting Salary||2-5 Lacs|
|Employment Industries||Banking, Consulting, Manufacturing, Telecommunications, Auditing|
There are various specializations that are provided to help aspirants to specialize in a specific domain. Some of these specializations are:
B.Com Honours: The program aims to build in students competent business acumen through advanced study of general subjects such as Organizational Behavior and Cost Accountancy, later allowing them to specialize in a chosen area.
B.Com. Economics: The course teaches candidates to analyze and give solutions to economic problems in public as well as private sectors. The curriculum focusses on building business acumen in students with the inclusion of specialties such as cost accounting and organizational behavior from among which, students can choose.
B.Com. Management Studies: In this course, students learn to suggest and diagnose some solutions for managerial and operational problems. Major topics include in this course are Commercialization, 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.
B.Com. Foreign Trade Management: Candidates enrolled in the course are imparted training in aspects related to the import and export-related parts of the trade cycle, in the various procedures and requirements for carrying out the business efficiently.
B.Com. Taxation: The course prepares students for a professional qualification in taxation, finance, and accounting and a solid base in the field of Taxation, Accounting and Finance, thus making it easier to acquire a leadership / managerial role in the financial sector.
B.Com. Banking Management: The course has been designed to create trained professionals who can handle various financial activities associated with Banking sectors and operate efficiently in the Banking environment in the financial service sector along with handling various technologies employed in the field of Banking.
B.Com. Accountancy: The course puts a strong emphasis on developing analytical skills and offers a solid grounding and professional competence in all aspects of accounting.
B.Com. E-Commerce: The course aims to equip eligible candidates with advanced learning in online business practices of organizations and procedures involved in managing a business online. The course includes components of study such as Cost Accountancy, Economics, Finance, Information Science, International Business.
B.Com. Eligibility & Admission Process
- Minimum qualification required to pursue B.com degree is completion of senior secondary schooling (10+2) with English and Math as core subjects.
- Admission is granted to the course usually on the basis of merit list (Marks scored in 12th standard)
- Candidates seeking admission to the 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.
- Subsequent merit lists might be released by colleges, depending on the number of seats they have.
- Admission to the B.com program is guaranteed after the payment of admission fee by candidates.
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Colleges Offering B.Com.
Bachelor of Commerce (B.Com.) is a very popular course among candidates in India as it has a vast areas and positions of employment.
The three year program is offered by various government as well as private colleges across the country.
|College||Eligibility||Fee (in rupees)|
|Loyola College, Chennai||Intermediate, Merit & Interview||10,000 pa|
|St. Xavier’s College, Mumbai||Intermediate||5,000 pa|
|Christ University, Bangalore||Intermediate||45,000 pa|
|St. Joseph’s College of Commerce, Bangalore||Intermediate, Entrance Test, Interview||68,000 pa|
|Narsee Monjee College of Commerce and economics, Mumbai||Intermediate, Merit Based||6,000 pa|
|Stella Maris College, Chennai||Intermediate, Merit Based||29,645 pa|
|Madras Christian College, Chennai||Intermediate, Merit based||18,719 pa|
|St. Xavier’s College, Kolkata||Intermediate (above 60%), Interview||46,300 pa|
|Sri Venkateswara College, Delhi||Intermediate, Merit Based||11,560 pa|
|HR College of Commerce and Economics, Mumbai||Intermediate, Merit Based||4,425 pa|
The subjects included in B.com program are as following:
- Cost Account
- Human Resource
Semester-wise syllabus breakup for B.com program is given below:
|Semester I||Semester II|
|Environmental Studies||Language [English/Hindi/Modern Indian Language.|
|Financial Accounting||Business Laws|
|Business Organization and Management||Business Mathematics & Statistics|
|Principles of Micro Economics (Elective)||Principles of Macro Economics (Elective)|
|New Venture Planning (Elective)||Economics of Regulation of Domestic and Foreign Exchange Markets (Elective)|
|Semester III||Semester IV|
|Company Law||Indirect Tax Laws|
|Income Tax Laws (Elective)||Corporate Accounting|
|Indian Economy (Elective)||Human Resource Management (Elective)|
|Financial Markets and Institutions||Industrial Laws (Elective)|
|Banking and Insurance||E-Commerce|
|Financial Analysis and Reporting||Investing in Stock Markets|
|Semester V||Semester VI|
|Auditing and Corporate Governance||Fundamentals to Financial Management|
|Cost Accounting||Business Communication|
|Principles of Marketing (Elective)||Personal Selling and Salesmanship|
|Training and Development (Elective)||Cyber Crimes and Laws|
|Computer Applications in Business||International Business|
|Advertising||Consumer Affairs and Customer Care|
Of all the topics given under elective and skill based papers, only one needs to be elected by a candidate from each paper.
Future Prospects, Job Opportunities & Areas of Employment after B.Com.
After being awarded the B.Com degree, candidates can either look for jobs in various departments or opt for higher education.
B.Com graduates can pursue post-graduation courses such as M.Com (Master of Commerce), MBA (Master of Business Administration), CA (Chartered Accountant), CS (Company Secretary), ICWA (Institute of Cost and Work Accountants of India), and ACA (Association of Chartered Accountants).
B.Com graduates have a plethora of job positions in government as well as private sectors to choose from provided that they are not limited to careers in accounts and finance. Some of the prominent jobs available to B.Com graduates are:
|Job Position||Average starting Salary (in Rupees)|
|Accountant||180,000 – 400,000 per year|
|Tax Consultant||260,00-465,000 per year|
|Bank PO||432,000-520,000 per year|
|Account Executive||144,000-300,00 per year|
|Event Manager||168,000-540,000 per year|
|Travel & Tourism||180,000-650,000 per year|
|Commodity Trader||280,000-720,000 per year|
|Actuary||264,000-480,000 per year|
|Book Keeper||168,000-280,000 per year|
B.Com graduates can avail jobs in different industries of government and private sector. Any B.Com graduate makes at least Rupees 20,000 per month when they start working. The pay scale is higher for candidates who have pursued their undergraduate course from top colleges.
The salary of a B.Com graduate depends on their college, experience, area of employment (industry) and job position.
Some top industries that hire B.Com graduates are:
- Information Technology (Average Annual Salary- INR 6.5 Lacs)
- Financial Services (Average Annual Salary- INR 4.3 Lacs)
- BPO (Average Annual Salary INR- 3.91 Lacs)
- Manufacturing (Average Annual Salary INR- 4.64 Lacs)
- Telecommunications (Average Annual Salary INR- 7.2 Lacs)
- Banking (Average Annual Salary INR- 5 Lacs)
- Auditing & Tax Services (Average Annual Salary- 5.97 Lacs)
- Consulting (Average Annual Salary INR- 5.87 Lacs)