B.Com or Bachelor of Commerce is an undergraduate degree. The course duration is three years with six semesters. It is an important degree in commerce discipline. More than 8,900 colleges and universities provide BCom admissions. Graduates can contribute to accounting, finance, management, and banking disciplines.
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- What is B.Com Full Form?
- Highlight- BCom (Bachelor of Commerce)
- BCom Course Fees Structure
- Why Choose a BCom Course?
- BCom Eligibility Criteria
- Skills Required for B.Com Course
- BCom Admission Process
- Top BCom Entrance Exams
- BCom Exam Cut-Off
- BCom Syllabus/Subjects
- B.Com Specialisations
- What after BCom?
- Career Opportunities after BCom
- BCom Average Salary
- Top Government BCom Colleges in India
Some of the popular specialisations of a BCom degree include accountancy, banking and insurance, financial management, E-commerce, business analytics, and travel and tourism. Students who have completed their 10+2 in any stream, preferably in commerce can apply for admissions. Entrance exam scores are used to evaluate the admission requirements of a candidate.
Lucknow University, DU SOL, Christ University, and Mumbai University are some of the leading institutes and universities in India for B.Com. After completion, graduates can become Finance Managers, Accountants, CAs, and CSs. The average salary is anywhere between Rs. 6 LPA to Rs. 20 LPA based on the experience of the candidate.
What is B.Com Full Form?
B.Com degree full form is Bachelor of Commerce and it is an undergraduate degree programme. Students from any stream can apply for the B.Com degree but it is mostly opted by the commerce students who have met all the eligibility requirements.
Highlight- BCom (Bachelor of Commerce)
Particulars | Values |
---|---|
Degree Name | B.Com (Bachelor of Commerce) |
Degree Type | Undergraduate |
Degree Duration | 3 years |
Entrance Exams | CUET UG |
Eligibility Criteria | 10+2 in any stream |
Admission process | Direct admission or based on the entrance examination |
Fees for the entire duration | Rs. 3,960 to Rs. 6.06 Lakhs |
Average Salary | Rs. 10.8 LPA (for a Chartered Accountant) |
Career Options | Finance Manager. Chartered Accountant, Company Secretary, Accountant, and Business Analyst |
Top Recruiters | Ernst and Young, LIC, HDFC, Deloitte, Citibank, Punjab National Bank, SBI |
BCom Course Fees Structure
The B.Com fee structure depends on several factors, such as on the type of college and universities, and based on the facilities and amenities available for the students. Since the course curriculum is almost the same for every college, it is up to the student to choose his or her desired college. Fees for a B.Com course range from Rs. 3,960 to Rs. 6.06 Lakhs.
Why Choose a BCom Course?
There are many reasons to pursue a BCom degree. It provides a combination of hard and soft skills. These skills are required by those wishing to become managers or directors at senior-level positions. Students can work in diverse areas such as financial planning, accounting, and banking.
Students who are interested in studying further can also pursue M.Com, MBA, CA (Chartered Accountant), CS (Company Secretary), MCA and PG diploma courses. They can also pursue a PhD in any similar or related discipline if they are interested in getting into academics or research.
BCom Eligibility Criteria
The eligibility criteria for a BCom degree depends on the institute. Students must fulfil these requirements if they wish to get admission. Candidates can check the website of the colleges for more details. Mentioned below are the eligibility criteria in detail.
- Candidates must have completed their 10+2 education with 50 per cent aggregate marks. Students from any stream can apply for admission.
- For applicants belonging to the reserved categories such as SC/ST and OBC, some colleges may offer a five per cent relaxation in the aggregate score.
- There is no minimum or maximum age limit to apply for the course.
Skills Required for B.Com Course
Students studying or interested in pursuing the B.Com degree should have a basic understanding of commerce, business, management, accounting, and finance concepts. Apart from some technical skills, candidates should also have good written and verbal English, critical thinking skills, quantitative aptitude, and analytical and decision-making skills.
- Quantitative Aptitude
- Logical Reasoning
- Analytical Skills
- Decision-making skills
- Patience
- Good Communication
BCom Admission Process
Candidates can apply for admission to a B.Com degree once they have fulfilled all the eligibility requirements. Generally, admission is based on entrance examinations such as CUET UG. Some colleges also conduct university-level entrance examinations. The admission details of a BCom degree are mentioned below.
- Students who want to pursue a B.Com degree, need to appear for the entrance examinations. One of the popular national-level entrance examinations is CUET UG.
- Some colleges may also provide admissions on a merit basis.
- Once candidates have successfully cleared the entrance examinations, they must appear for the counselling sessions conducted by the colleges.
- Based on the cutoff scored by the students, they can choose the best possible college.
- Many institutes may also conduct group discussions, personal interviews, and aptitude tests in addition to the entrance examinations.
Top BCom Entrance Exams
Candidates wishing to pursue a BCom degree from leading management institutes, need to clear the entrance examination. Some colleges may also conduct university-specific exams for admissions. Mentioned below are the details of a CUET UG examination.
Exam Name | Conducting Body | Exam Schedule | Exam Result |
---|---|---|---|
CUET UG | NTA | CUET Exam Schedule | CUET UG Result |
BCom Exam Cut-Off
BCom cutoff varies depending on many factors such as the difficulty level of the examination, the number of applicants, and the ranking and stature of the institute. The cutoff score is released after the declaration of the examination results.
Students are advised to choose the best possible college based on their cutoff score. CUET is the popular exam for BCom courses, and the CUET Cutoff can be easily found at https://cuet.samarth.ac.in./.
BCom Syllabus/Subjects
The subjects included in the course curriculum vary from one institute to another. However, the core subjects remain more or less the same. Mentioned below is the yearly syllabus of Pondicherry University for a BCom degree.
B.Com 1st Year Syllabus
The course curriculum of B.Com for the first year includes subjects that provide basic and foundation knowledge of commerce concepts. Principles of Management. Business Communication and Business Law are important subjects. Below, we have provided the 1st year syllabus of the B.Com degree.
Principles of Management | Business Communication |
Principles of Financial Accounting | Business Law |
Business Economics | - |
B.Com 2nd Year Syllabus
From the 2nd year, students will get a deeper understanding of the concepts. The topics covered in the course curriculum include Financial Management, Business Statistics, and Corporate Accounting. In the table below we have mentioned the 2nd year subjects.
Financial Management | Business Statistics |
Corporate Accounting | Banking Theory, Law and Practice |
E-Commerce | - |
B.Com 3rd Year Syllabus
In the third year of a B.Com degree, students will get advanced knowledge of business concepts. It also prepares the students with practical knowledge of the topics. Mentioned below are the third-year subjects of a B.Com degree.
Entrepreneurship Development | Elements of Marketing |
Cost Accounting | Management Accounting |
Auditing | - |
B.Com Specialisations
Candidates aspiring to make a career in the commerce field can opt for various specialisations depending upon their interests and future goals. Choosing the appropriate specialisation is very important for the students as it will decide their career paths. Listed below are the popular branches of a B.Com degree.
- BCom in Accountancy
- BCom in Banking and Insurance
- BCom in E-Commerce
- B.Com in Accounting and Finance
- B.Com Company Secretaryship
- BCom in Chartered Accountancy
- BCom in Financial Management
- BCom in Investment Banking
What after BCom?
BCom is one of the most sought-after degrees in India. It provides a wide range of career opportunities to the students. Graduates can contribute to areas such as financial services, banking, research, taxation, and risk management. They can work as a Chartered Accountant, Finance Manager, and Business Analysts.
Bachelor of Commerce or Bcom also prepares the students for degrees at PG level. MBA and MCom are the popular degrees. There are many specialisations one can choose to pursue in a BCom degree, which provides students with an opportunity to apply to diverse fields.
Career Opportunities after BCom
Students can apply for jobs right after graduation. A career in commerce offers many growth opportunities to the candidate due to the rising demand. The candidates need to choose their desired career path. In this section, we have provided details related to the popular job roles.
Chartered Accountants- Chartered Accountants popularly known as CA’s are professionals who are responsible for accounting, auditing, taxation, and financial management of an organisation. It is a highly respected discipline in finance which also has global recognition.
Finance Manager- Finance Managers are professionals responsible for handling a company's finances. They are responsible for managing and supervising a team or group of teams. They also advise the management on potential investment opportunities.
Business Analysts- Business Analysts are professionals who assist businesses in improving their existing products or services. They also analyse the business processes and provide solutions to complex business problems.
Top Recruiters
- EY
- LIC
- HDFC
- Deloitte
- Citibank
- Punjab National Bank
- SBI
BCom Average Salary
The salary after a Bachelor of Commerce degree depends on various factors such as the experience and knowledge of the candidate. It largely depends on the experience and the job role opted by the candidate. In the table below, we have mentioned the average salary of popular job roles.
Job Profiles | Average Salary |
---|---|
Chartered Accountant (CA) | Rs. 11 LPA |
Company Secretary (CS) | Rs. 8.9 LPA |
Business Analyst | Rs. 9.7 LPA |
Finance Manager | Rs. 16.9 LPA |
Source: AmbitionBox
Top Private BCom Colleges in India
In India, many private colleges offer BCom degrees. Private institutes are significantly more expensive than public colleges. They provide many facilities for the comfort and convenience of the students. In the table below, we have provided a list of leading colleges along with their fees.
Colleges | Fees |
---|---|
Christ University, Bangalore | Rs. 60,000 |
Sharda University, Greater Noida | Rs. 6.06 Lakhs |
Vellore Institute of Technology, Vellore | Rs. 1.65 Lakhs |
Manipal University, Jaipur | Rs. 59,000 |
Presidency University, Bangalore | Rs. 3.90 Lakhs |
Sathyabama Institute of Science and Technology, Chennai | Rs. 60,000 |
Jaipur National University, Jaipur | Rs. 1.42 Lakhs |
IBS Business School, Hyderabad | Rs. 5 Lakhs |
Jain Deemed to be University, Bangalore | Rs. 2.40 Lakhs |
SRM Institute of Science and Technology, Chennai | Rs. 2.40 Lakhs |
Top Government BCom Colleges in India
Attending a government-run college is less expensive than a private BCom college. Government BCom colleges are well-known for their high academic standards throughout India. The following are some of the best government BCom colleges.
Colleges | Fees |
---|---|
University of Lucknow, Lucknow | Rs. 20,030 |
DU SOL | Rs. 15,640 |
University of Allahabad Allahabad | Rs. 3,960 |
Devi Ahilya Vishwavidyalaya, Indore | Rs. 4,650 |
Bharathiar University, Coimbatore | - |
Alagappa University, Karaikudi | - |
University of Burdwan, Bardhaman | - |
Panjab University, Chandigarh | - |
Shivaji University, Kolhapur | Rs. 8,730 |
Berhampur University, Berhampur | Rs. 3,870 |
BCom courses are designed to provide students with a thorough knowledge of how a business operates. It also provides information on areas such as economics, accounting, finance, marketing, and management. After graduation, students can apply for a variety of job roles such as business analyst, chartered accountant, company secretary, and finance manager.