The full form of BCom is Bachelor of Commerce. BCom is a three-year UG degree course recognised by the Universities Grants Commission (UGC). Students can pursue B.Com programmes as full-time BCom, Distance BCom, or Online BCom. BCom courses are one of the most popular courses amongst the Class 12 students with the Commerce stream. According to a survey report, with nearly 9.33 lakh enrolment, BCom has been the third most desired course in India after Class 12.
Students who want to pursue BCom subjects have prospects in finance and banking. After BCom, many students go into sales, which is also a lucrative professional path. With expertise, there is a lot of room for advancement in the Sales department across all industries. Students interested in finance or trade will also find plenty of opportunities.
Particulars | Details |
---|---|
Course Name | BCom |
BCom Course Degree | Bachelors |
BCom Entrance Exams | IPU CET, CUET, Christ University Entrance Test, and DUET. |
BCom Course Eligibility | 10+2 (Studied Commerce and Accountancy) |
BCom Fees | INR 3000 to INR 60000 |
BCom Main Subjects | Financial Accounting, Business Laws, Indirect Tax Laws, Macro Economics, Financial Management etc. |
BCom Job Profiles | Financial Analyst, Accountant, Tax Consultant, Accounts Manager etc. |
BCom Top Recruiters | ICICI, HDFC, SBI, PNB, RBI, LIC, KPMG etc. |
BCom Top Colleges | SRCC, Ramjas College, Christ University, Hindu College, Hansraj College, etc. |
BCom (Bachelor of Commerce) is a three-year undergraduate degree that focuses on commerce, economics, business law, accountancy, taxation, and financing. BCom is the foundation upon which subsequent studies can be constructed.
The BCom course can be divided into three categories: BCom-General, BCom Honours, and BCom LLB. A B Commerce degree can help you pursue careers as a Company Secretary, Investment Banker, Certified Management Accountant, or Chartered Accountant. This degree is also offered in a distance learning and online format alongside BCom Full Time.
BCom should be carefully chosen by candidates to obtain the desired outcome. BCom course is a good starting point for those who desire to work in management or commerce. It also teaches the fundamentals of the MCom course curriculum, making it an excellent choice for MCom candidates. Demand for BCom candidates has increased in both the government and business sectors over the years.
The students interested in pursuing Bachelor of Commerce degree should possess certain skills and meet the eligibility criteria to get admission into BCom courses. The top commerce colleges have set cut-off percentages and the candidates need to score higher than or equal to the cut-off percentage to get admission into their short-listed colleges.
There are some private BCom colleges that can offer direct BCom admissions regardless of the candidate's scores. Even though the selection criteria and admission process for every college are different, the basic requirements to pursue the course are:
It's really important for the candidates to choose the right college to get right exposure and get better placement opportunities. And for that, they need to be aware of the registration and entrance exam details. The aspirants can decide the college and know its complete admission procedure before finalising it.
Some of the colleges provide direct admissions, while others take entrance tests to provide admissions. Some of the popular entrance tests for admission to BCom courses are listed below:
Exam | Exam Dates |
---|---|
CSEET | 25 june,2024 |
CUET | 25 june,2024 |
CFA | Level I: 22 july,2024 Level I: 12 August,2024 Level I: 08 October,2024 |
Christ University Entrance Test (CUET) | 25 june,2024 |
NMIMS NPAT | 25 june,2024 |
Most universities have the same BCom subjects and these subjects are covered over the three years' duration of the programme. The subjects will help you prepare for the degree by giving you a sense of what to expect. The BCom Subjects includes topics such as Corporate Tax, Financial Law, Economics, Accounts, etc.
BCom syllabus is divided into six semesters and below is the semester-wise list of subjects taught as per the BCom course curriculum:
Both BCom and BBA are popular undergraduate business degrees, however, they have different focuses. BCom is a broader degree that gives students a foundation in business, accounting, finance, and economics. The Bachelor of Business Administration (BBA) is a highly specialised degree that focuses on business administration and management. The following table summarises the key distinctions between BCom and BBA:
Particulars | BCom | BBA |
---|---|---|
Main Learning | General business | Business administration and management |
Subjects | Accounting, finance, economics, business law, marketing, management | Business strategy, operations management, human resources management, marketing, finance |
Job Positions | Accountant, financial analyst, business analyst, marketing manager, human resources manager | Business manager, entrepreneur, consultant, marketing manager, financial analyst |
Students will have wide range of options to choose from after completing their BCom degree. The BCom graduates can either look for jobs, commence their own business or apply for further education by pursing different courses after BCom, such as Master of Business Administration (MBA), Master's in Finance, or a Master's in Economics.
A B.Com degree is also helpful for those who want to launch their own company or work in finance or accounting. Your interests, job goals, and personal circumstances will ultimately determine the best course of action for you. To determine which solutions might be the best fit for you, it's always a good idea to do some research and consult with experts in the industry.
BCom remains the most popular undergraduate course in India due to its numerous professional opportunities. The country's most important industry is commerce as it is one of the most important economic contributors.
As the economy grows, so will the commerce industry and the jobs available in it. As a result, a BCom. offers a wide range of applications and career opportunities to students. Selecting the right college for yourself is a big task. The colleges mentioned in the table are listed alphabetically and not in any order of ranking hierarchy.
BCom is a renowned course that is offered in a number of private institutes. Students can make their choice and then shortlist the colleges according to their suitability. The table below mentions top 10 BCom private colleges in India with their respective fee structure.
Name of College | Fees (in INR) |
---|---|
Amity University, Mohali | INR 4.05 lakh - INR 5.4 lakh |
Alliance University, Bangalore | INR 6 lakh |
Christ University, Bangalore | INR 2 lakh -INR 8 lakh |
Chanakya University, Bangalore | INR 3.8 lakh |
Kristu Jayanti College, Bangalore | INR 2500 -INR 4.08 lakh |
Loyola College, Chennai | INR 81000- INR 4.5 lakh |
Lovely Professional University, Jalandhar | INR 3 lakh to INR 7 lakh |
Narsee Monjee College of Commerce & Economics, Mumbai | INR 35000 to INR 3 lakh |
St. Joseph's College of Commerce, Bangalore | INR 2.5 lakh to INR 4.3 lakh |
Symbiosis College of Arts & Commerce, Pune | INR 78000 to INR 3.2 lakh |
Students also have the option to pursue BCom courses from government colleges. Also, the fee of government colleges is comparatively lesser than private colleges, hence students have the option to select the BCom specialisationsq and colleges suiting their budgets. Some of the popular BCom government colleges are listed below:
Name of College | Fees (in INR) |
---|---|
Gargi College, University of Delhi | INR 24000 |
Hindu College, Delhi | INR 55000 |
Hansraj College, Delhi | INR 540 |
Kirori Mal College, University of Delhi | INR 37000-INR 41000 |
Lady Shri Ram College for Women, Delhi | INR 67000 |
MCC - Madras Christian College, Chennai | INR 83700 |
Ramjas College, Delhi | INR 45000 |
SRCC, Delhi University | INR 87000 |
Sri Venkateswara College, University of Delhi | INR 37000 |
Sri Guru Gobind Singh College of Commerce, Delhi | INR 85500 |
BCom graduates are employed almost in every sector. Because commerce is such a crucial field of study, BCom graduates are generally preferred by businesses. Several industries are hiring BCom graduates. However, the growing competition has highlighted the need for further education. After completing the degree, students must pursue post-graduation in Commerce, Accounting and Finance.
Job Profiles | Average Salary (in INR) |
---|---|
Junior Accountant | INR 1.75 LPA |
Accountant | INR 2 LPA |
Account Executive | INR 2.5 LPA |
Business Executive | INR 3 LPA |
Financial Analyst | INR 3.7 LPA |
Tax Consultant | INR 4.5 LPA |
Financial Consultant | INR 5 LPA |
Accounts Manager | INR 5.8 LPA |
Business Consultant | INR 9 LPA |
The entrance exams required for studying abroad for a Bachelor of Commerce (BCom) course can vary significantly depending on the country, university, and specific programme you are interested in. The aspirants also need to appear in language proficiency tests like Test of English as a Foreign Language (TOEFL) and International English Language Testing System (IELTS) for BA abroad admission.
The course can be completed at a fee ranging from INR INR 4 lakh to 25 lakh. Most popular countries to study BCom abroad are UK, USA, Singapore, Canada, and Australia.
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