B.Com. Hons: Full Form, Courses, Admission Process, Subjects, Fees, Career Options | Careers360 (2024)

What is a Bachelor of Commerce (Honours)?

Bachelor in Commerce (Honours) or B.Com honours is an undergraduate degree programme in Commerce. B.Com honours is a practical curriculum that focuses on training students for careers in the business and management sectors. In the final year of the degree programme, students will choose specialisations to find job opportunities in their field of interest. B.Com honours is an industry-oriented degree programme that teaches students about business, accounting, marketing, and finance.

Candidates who want to work in corporates, administration, or the business field will benefit from this course. After completion of graduation, candidates can work as human resource managers, financial analysts, marketing managers, supply chain managers, and Recruitment officers.

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What is B.Com. Hons. Full form?

B.Com honours stand for Bachelor of Commerce honours. It is an undergraduate specialised degree course for three years and six semesters. The admission process and a fee of B.Com. Hons. vary depending on the college. Some colleges conduct entrance examinations to provide admissions while some other colleges provide admissions on a 10+2 merit basis.

B.Com Hons. Highlights

B.Com. Hons. Fee Structure

The fees of pursuing a B.Com. Hons. degree varies by institution. Private colleges may charge a high fee for B.Com. Hons. admissions, while government colleges may charge a low fee. The fee for the bachelor of commerce honours course will range from Rs. 20,000 to Rs. 1,00,000.

Why Choose B.Com. Hons.?

A career in commerce and business can lead to a variety of work opportunities. Nowadays, people are more interested in starting their own business. Bachelor of Commerce honours or B.Com. Hons. provides a promising future with many prospects. It has a lot of opportunities to grow in terms of new industry patterns, taxation, and other business-oriented fields. Candidates can work in both public and private sectors such as in marketing, accounting, finance, sales, and advertising.

Eligibility Criteria for B.Com. Hons.

Candidates seeking admission to the BCom honours course need to fulfill certain requirements to get admission to top colleges and universities. BCom honours course eligibility criteria differ from college to college. Basic points that are to be considered while applying for colleges and universities are mentioned below:

• Candidates must have passed a 10+2 or equivalent examination administered by a recognised board.
• Candidates must complete the 10+2 class with the minimum aggregate marks of 50 per cent from a recognised university.
• Applicants should pursue a 10+2 education in Business Studies, Accounting, Economics, Math, and English.
• Candidates need to appear for entrance examinations conducted by top colleges and universities.
  

Skills Required for B.Com. Hons.

Ambitious young students who choose to study B.Com. Hons. must learn some abilities for a better understanding of the BCom honours course. These skills are not only useful in academics but also useful for the candidate to become successful in their career. A few skills are required for the B.Com. Hons. graduate are mentioned below:

Application Process

The application procedure for B.Com. Hons. admissions vary from university to university. Several universities offer admissions based on academic performance of 10+2; students who studied accounting or economics in high school are also preferred. Several institutions offer admission to candidates based on their results in a qualifying examination conducted by the university or by the government.

• Candidates may apply for admission directly by heading to the institution, filling out the admission form.
• He or she needs to carry all the required documents while applying for admission through offline mode.
• Candidates can also apply by visiting the college's official website, filling out the application form, and uploading the relevant documentation in the format specified. The payment of the registration fee is also expected at the time of application.
• Candidates need to score at least a cutoff marks in the entrance examinations, and then they can apply to top colleges and universities for admission.
• Merit-based admission procedure starts with a group discussion followed by in-person interviews.

Cut-Off

The cut-off is used to determine the student's performance on a particular entrance test. Students who meet the cut-off rank are qualified for admission. A number of colleges offer enrollment based on the 10+2 qualification and cut-off marks score in the entrance examination.

Top BCom Exams

There are only a few universities that conduct entrance exams for admission to the BCom honours courses. Osmania University, Banaras Hindu University, Delhi University, and Guru Gobind Singh Indraprastha University conduct their own entrance examinations for allotting seating to the students who are interested in pursuing BCom honours courses.

BHU UET: BHU UET stands for Banaras Hindu University Undergraduate Entrance Test. This is a university-level examination conducted for admission to undergraduate commerce courses.

IPU CET: IPU CET stands for Indraprastha University Common Entrance Test. This a state university-level examination conducted for admission to undergraduate courses in engineering, law, computer application, and management streams.

• IP University Eligibility Criteria

• IP University Admission

• IP University Application Form

B.Com (Hons) Common Entrance Test: B.Com (Hons) Common Entrance Test is a university-level examination conducted by Osmania University for admission to undergraduate BCom honours courses.

B.Com. Hons. Syllabus

The BCom honours subjects vary from college to college. It is aimed to provide students with knowledge in a variety of fields such as marketing, finance, and accounting. Bcom honours subjects include business-related, and calculation. Taxation, accounting, economics, insurance, business law, and management are the few topics covered. Here, we have provided below the B.com honours subjects list and syllabus of the University of Delhi.

B.Com. Hons. Colleges by Location

If you are aiming for a B.Com. Hons. university or colleges, you should look at the list of top B.Com. Hons. colleges by Location. It contains both government and private B.Com. Hons. colleges and universities.

B.Com. Hons. Specialisations

Candidates who are interested in pursuing a career in the Commerce field can choose from a variety of specialisations available in the B.Com. Hons. degree. Some of the specialisations are Accounting, administration, finance, marketing, and human resource management. Specialisations differ from one college to another. They can choose a specialisation based on their personal influence in the area. The following are some of the most common B.Com specialisations:

Accounting and Finance: Accounting and finance is a branch of accounting related to the concepts of accounts and finance. The study of accounting involves summarizing, recording, analysing, and interpreting accounting information in a systematic manner. Whereas finance deals with the preparation of financial statements for organisation and public use. The statements involve in finance are comparative, common size, profit and loss, and balance sheet.

Taxation: The taxation course involves the study of the economy, politics, public administration, and international business. Taxation course helps students to understand the taxation system in India and other countries. Students can learn about taxation procedures, income collected from various properties, and how every individual is liable to pay the tax to the country.

: The banking and insurance course involves the study of concepts related to banking laws, accounting, insurance laws, and principles of management. Candidates will learn the concepts related to insurance claims, types of insurance, and damages.

Auditing: The auditing course includes the study of micro and macroeconomics, commerce, accounting, import and export policies, and accounting standards. A few other topics that are related to auditing are accounting principles, banking systems, theories of economy, and GAAP analysis.

What after B.Com. Hons.?

Students can choose from two major alternatives after completing their Bachelor of Commerce (Honours) degree. Individuals will begin working in entry-level positions in their respective fields after completing a Bachelor of Commerce (Honours) degree. They will continue their studies and pursue a master's degree in the relevant discipline after gaining a few years of work experience. Candidates who obtain a B.Com. Hons. will pursue a postgraduate degree in the related subject. M.Com (Master of Commerce), B.Ed. (Bachelor of Education), LLB (Bachelor of Legislative Law), or MBA (Master of Business Administration) are some of the options available to the students.

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Career Opportunities after B.Com. Hons.

Candidates with a B.Com. Hons. degree are offered attractive career opportunities in a number of different locations across the world. The education sector, banking sector, finance sector, and insurance sector are some of the most common areas of employment.

Chartered Accountant: Chartered Accountant provides financial services to a wide range of clients, from large corporations and government agencies to small businesses and individuals. A licensed accountant is hired to handle an organisation's financial records, tax obligations, and finances. Chartered accountants may also assist with dispute resolution and the avoidance of bankruptcy.

Marketing Manager: A marketing manager is someone who manages the marketing of an organisation or a product. He or she may be in charge of many programs or products, or he or she may be in charge of only one. A marketing manager determines when a new product or service should be sold. He or she frequently negotiates, schedules, and changes advertising campaigns as well as sales and promotional contracts.

Accountant: An accountant is an individual who manages the financial records of a number of small to medium-sized firms. Job duties for accountants include managing a company's bookkeeping and writing accounting records such as benefit and expense accounts, balance sheets, and other financial documents. Accountants work with the financial facets of any company or organisation, such as calculating wages and helping with payroll.

Human resource manager: Human resource manager is responsible for supervising an organisation in the hiring process. He or she is responsible for recruiting, interviewing, and allowing work to the employee. Their work also includes explaining the company and benefits to the employee.

Top Recruiters

After graduating with B.Com. Hons. course, individuals have numerous opportunities. The job growth for Bachelor of Commerce honors graduates is high with attractive salary packages. There are numerous job profiles for them. We have provided below a list of top recruiters for B.Com. Hons. graduates.

B.Com. Hons. Salary

The salary offered to fresh graduates of B.Com. Hons. may vary depending on their college, skills, knowledge, job role, and organisation. There are various other factors that affect salary remuneration such as work experience, job location, and qualification of the candidate. We have provided below details of B.Com. Honors salary based on job profiles.

Employment Areas

There is a huge scope for Bachelor of Commerce honors graduates. There are numerous job opportunities in varying industries for B.Com. Hons. candidates. Individuals can find employment opportunities in various fields that are mentioned below:

• Banks
• Business consultancies
• Stock exchange
• Brokerage firms
• Foreign trade
• Budget planning
• Inventory Management
• Academic institutes.

Top B.Com. Hons. Private Colleges

Admission to B.Com. Hons. degree programs are available at many private universities. Each college has its own fee structure, which depends on the course chosen by the candidate and the facilities available. Below are some of India's top private B.Com. Hons. colleges:

Also read: B.Com(Hons) Degree Private Colleges in India

Top Government B.Com. Hons. Colleges in India

In India, admission to B.Com. Hons. degree programs are available at many government and private commerce colleges. Government B.Com. Hons. colleges charge low fees than private colleges. Below are some of India's top government B.Com. Hons. colleges:

Also read: B.Com(Hons) Degree Government Colleges in India