Bachelor of Commerce, abbreviated as B.Com is an undergraduate degree in commerce. The course is designed to provide students with a wide range of managerial skills and understanding in streams like finance, accounting, taxation and management. The duration of the B.Com course is 3 years in India, divided into six distinct semesters. The B.Com courses list includes Marketing, Human Resource, Finance specialisation as the subjects of study. The eligibility criteria for pursuing B.com degree is a minimum of 45% in 10+2 from a recognized Board/University. B.com courses have a rewarding career with lucrative pay.
|Full-Form||Bachelor of Commerce|
|Duration||Course Duration of Bachelor of Commerce [B.Com] is 3 Years.|
|Age||No age limit|
|Minimum Percentage||45% in 10+2 from a recognized Board|
|Subjects Required||Commerce, Business, Accountancy, Business Mathematics / Statistics / Economics|
|Average Fees Incurred||The average B.Com course fee ranges from INR 7.5K to 1L per annum|
|Similar Options of Study||B.Com [Hons], BBA, BBM, BBS, BMS, CA, CS, CMA, ICWA etc.|
|Average Salary Offered||The average B.Com salary in India is INR 4.42 L per annum|
|Employment Roles||Accountant, Operations Manager, Financial Analyst, Finance Manager, Account Executive, Executive Assistant, Chartered Accountant etc.|
|Placement Opportunities||Tata Consultancy Services Limited, Genpact, Accenture, EY (Ernst & Young), J.P. Morgan Chase & Co. (JPMCC), HDFC Bank Pvt Ltd, HSBC are the top recruiters|
Bachelor of Commerce course is an undergraduate course in the field of commerce, the duration of which is usually 3 years. In practice, students who pursued commerce as their elective until the 12th standard pursue B.Com stream. However, students from Science and Arts backgrounds can also choose to pursue B.Com as a career prospect.
The B.Com syllabus is designed to incorporate the knowledge of the following in the student:
Commerce students can opt for CA, CWA, CSS, and other courses after or even during graduation. Colleges in India grant students permission to pursue a B.Com degree and their Chartered Accountancy simultaneously, which provides the students with an added advantage during job placements and help them land high salary packages with prestigious companies. The curriculum of the course provides the students with a wide range of managerial skills and competence in a particular area of commerce.
Bachelor of Commerce [B.Com] provides a broad scope of employment options and job scope for graduates as a large number of B.Com graduates choose to pursue self-employment or land lucrative salary packages in prestigious companies. The graduates of Bachelor of Commerce enjoy a very high employment rate with exciting salary packages. The necessity of a Manager or a Commerce Specialist to manage the financial aspects of a business makes a graduate of B.Com indispensable.
The study of commerce educates the aspirant in a large number of industries such as:
Candidates having the question Am I eligible for pursuing Bachelor of Commerce (B.Com)? can check the eligibility from this section:
Generally, students are admitted in B.Com on the basis of merit. The merit is prepared on the basis of candidate’s performance in the higher secondary examination. Some Universities also conduct the entrance test for admitting students. Besides the candidate’s academic knowledge, some colleges conduct an interview.
Candidates who wish to pursue an MBA after the completion of B.Com have to appear the entrance test namely Common Admission Test (CAT), Management Aptitude Test (MAT), etc. Some institutions also organizes their own entrance exam for giving admission to their colleges.
The specialisations offered in the B.Com course to aspirants are given detailed insight.
A career in commerce offers immense growth as demand for professionals is always on a high. Job opportunities exist right after the programme. Jobs for B.Com graduates exist in India as well as abroad. After completion of B.Com, you can apply in any organization for the post of accountant. Every company requires the accountant to keep track of the profit and loss of their company. One must have knowledge in areas like Basic Principles of Accountancy, Cost Accounting and Management Accounting to be an accountant. Other than the accountant, there are many career options in this field.
The ample job profiles available to graduates of the Bachelor of Commerce (B.Com) curriculum include: