Bachelor of Commerce (B.Com.)

  • Stream : Commerce    Duration : 3 years
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Course Description

Bachelor of Commerce (B.Com.)

About Course

The B.Com. or Bachelor of Commerce course is a three-year UG course recognized by the Universities Grants Commission (UGC). In addition to the full-time delivery mode, you can also take a BCom distance learning or B.Com. online course. B.Com. is one of the most popular Commerce Flow Grade 12 degree programs. According to AISHE reports, with a population of nearly 9.33 lakh, B.Com. was the third most popular course in India after Class 12. In addition to B.Com, applicants can also complete BCom (Hons) if they wish to deepen their knowledge in the field of commerce.

Course Highlights

ParticularsValues
Course NameBachelor Of Commerce
Course LevelUnder Graduate (PG)
Course Duration3 Years
Examination TypeSemester Based
Eligibility CriteriaCandidates should have passes 12th with Mathematics and English as compulsory subjects
Admission ProcessMerit Based/ Entrance Based
SpecializationSee Below
InternshipYes
Entrance ExamsBHU UET, CUET, DUET
Course FeeINR 7.5k to INR 1 LPA
Average Annual SalaryINR 4.5 LPA
Top Recruiting CompaniesErnest and Young, LIC, HDFC, Deloitte, Punjab National Bank, Citibank, SBI, KPMG
Job ProfilesAccountant, Banking, Taxation, Business, Management, Chartered Accountant, Company Secretary

Why Study B.Com. ?

The growing fintech sector, investment funds and insurance companies offer a wide range of opportunities in the financial sector. B Com graduates have prospects in finance and banking. After B Com, many students go into sales, which is also a lucrative field. With experience, there is plenty of room for developing business services across all industries. Students who are interested in finance or economics will also find many opportunities.

Specialization of B.Com.

There are many specialization courses under the umbrella of the B.Com. degree, making graduates of this course strongly work-oriented. Below are some of the major specializations and a list of B.Com. courses:

Here is a list of some of the specializations offered at the B.Com.

TaxationEconomics
Accounting and FinanceInvestment Management
AuditingHuman Resources Management
Banking and InsuranceFinancial Market
FinanceComputer Applications

Eligibility Criteria

Below are the eligibility criteria for the B.Com. course:

  • Applicant must have studied commerce in grades 11 and 12 with some compulsory subjects such as accounting, business administration, mathematics/elective and/or economics.
  • Applicants must meet the minimum admission requirements set by the university/institute

Admission Process

Students can apply for admission offline and online. The offline admissions process requires students to go to the college admissions office, collect the application form, submit the details and pay the application fee. With the online procedure, students have to access the university portal, fill in the data on the application form and pay the enrollment fee online.

Skills Required for B.Com.

B.Com. graduates must have the skills that will help them succeed in their careers. The skillsets help graduates enter academia and help them develop into top performers.

Some of the skills that B.Com. graduates have are:-       

  • Analytical thinking skills     
  • Communication Skills       
  • Time Management      
  • Problem Solving       
  • Research Skills       
  • Interpersonal Skills

Fee Structure

B.Com. fees can vary widely by college, department, and institution. B.Com. fees at public colleges are typically lower than private colleges. B.Com. Course fees range from 7.5 thousand. INR up to LPA 1 and may also vary depending on facility facilities and services.

Name of CollegeAverage Annual Fees
Jyoti Nivas College, BangaloreINR 30K
Lucknow UniversityINR 50K
St. Xaviers College, JaipurINR 63K
St. Joseph's College of Commerce, BangaloreINR 1.3 LPA
Jain University, BangaloreINR 1.6 LPA

Top Colleges Providing B.Com.

Name of CollegeAverage Annual Fee (INR)Location
Shri Ram College of CommerceINR 86,529 PADelhi
Parul UniversityINR 1.59 LPAVadodara, Gujarat
Lovely Professional UniversityINR 80,000 PAJalandhar, Punjab
Chandigarh UniversityINR 3.66 LPAChandigarh
St. Joseph’s College of CommerceINR 1.33 LPABangalore

Jobs and Placements in B.Com

The Bachelor of Commerce degree attracts many vacancies from all over the world. Depending on the skills of the applicant, the Bachelor of Commerce salary may vary. Recruiting companies are willing to hire B.Com. graduates from reputable colleges/universities. Current economic trends also indicate that business graduates are preferred by companies over university and technical graduates. Business graduates have an advantage due to the current curriculum and exposure to a variety of courses.

Private Jobs

As with public sector jobs, there are many private sector employment opportunities. B.Com. private sector jobs are more than public sector jobs. Some of the reputable organizations that employ B.Com. alumni are:

Job ProfilesSalary
AccountantINR 2.5 LPA
AuditorINR 2.7 LPA
Operations ManagerINR 7 LPA
Finance ManagerINR 12.5 LPA

Government Jobs

B.Com. jobs are very valuable in almost all government sectors. Most research institutes and academic institutes prefer B.Com. graduates. Government contracts for B.Com. graduates are very rewarding jobs for them. According to B.Com., the number of jobs and salaries in the public sector is good. Graduates with a B.Com. degree put their jobs to shame.

Job ProfilesSalary per month
RBI Grade B Officer1,08,404 per month
Company SecretaryINR 6 LPA
ClerkINR 2 LPA

Abroad Jobs

Commerce, one of the most popular majors in India, offers students many career opportunities. And the scope of each of these subjects is much broader when considering studying abroad.

Top International Recruiting Companies who hire B.Com. graduates are:       

  • Ernst & Young       
  • Accenture       
  • Genpact       
  • TCS       
  • Capgemini       
  • Wipro       
  • Cognizant       
  • Amazon       
  • Flipkart

Job Profiles

Some of the famous expert avenues open to successful graduates of the B.Com. degree are indexed underneath with the corresponding salaries provided for the respective positions.

Job ProfilesJob DescriptionAverage Salary in INR
AccountantAn Accountant allows groups make crucial monetary choices through collecting, tracking, and correcting the company's finances.INR 2,50,000
BankingA Banker's main job is to give financial advice to clients, especially on matters related to savings, investments, loans, and securities.INR 3,00,000
TaxationAs a Tax Specialist, you may be answerable for getting ready all of the tax audits of the company.INR 4,50,000
Chartered AccountantA Chartered Accountant, or CA, makes use of their accounting knowledge to manual their client's financial plans and make sure all tax sports are compliant with provincial and federal regulations.INR 7,00,000
Company SecretaryCompany secretaries are typically responsible for: convening and providing administration for annual general meetings (AGMs) like producing agendas, taking minutes, conveying decisions and handling meeting correspondence.INR 6,00,000

Scope for B.Com

In today's job market, a B.Com. degree alone is not enough. Upon graduation, students are required to pursue higher education in economics, accounting, and finance. Courses like M.Com., MBA, CA, CS, etc. are good options for B.Com. graduates. B.Com. graduates can also prepare to apply for a job in the public sector. But even those looking to go straight into the workforce after completing a B.Com. degree can find a variety of junior jobs in accounting, commerce, banking and finance, and related fields.

B.Com.: Career Prospects

A career in commerce offers tremendous growth to the aspirants as the demand for professionals is always high. In the end, what counts is whether someone wants it or not. It takes discipline, dedication and focus to earn your place in this ever-changing field.

Bachelor of Commerce (B.Com.)
Course

Bachelor of Commerce (B.Com.)

Bachelor of Commerce (B.Com.) Eligibility
Eligibility

12th with Commerce

Bachelor of Commerce (B.Com.) Course Duration
Duration

3 Years

Course Type
Type of Course

Under Graduate