Bachelor of Commerce (B.Com)

Bachelor of Commerce (B.Com)

Bachelor of Commerce (B.Com) provides students with a wide range of management skills. It builds competence in a particular area of business, students are exposed to business principles, they take courses in-

  • Accountancy
  • Finance
  • Economics,
  • Business Management
  • Human Resources
  • Marketing Program

These subjects require foundation courses in Bussiness Statistics and Mathematics and Information system. Most of the courses covered by commerce students are Bussiness related. The Honours Bachelor of commerce is a further advanced course. This degree has a specialization aspect developing the student, knowledge in depth about the business. Addition academic course is to be completed with the higher academic performance standard. IT also requires a research thesis it serves as an entry requirement for a Master of Commerce and Master of business administration(MBA)Degree. It is focused on a single subject area.

Duration of the course It is three years (6 SEMESTERS) undergraduate course in India, Australia, New Zealand, South Africa, Ireland, Canada, Ghana, Philippines, Netherland, and Nepal. The student’s business acumen, financial literacy, and analytical skill are developed. This career-oriented bachelor's degree provides a foundation for all aspects of commerce.

COURSES STRUCTURE

Semester 1 :

  •  Business mathematics-I
  •  Financial Accounting-I
  •  Mercantile law
  •  Environmental Studies
  •  Business Communication

Semester 2:

  • Business Mathematics -2
  •  Financial Accountancy -2
  •  Fundamental of Corporate Law
  •  Macroeconomics
  •  Principals of Marketing

Semester 3:

  • Corporate Accounting-i
  • Cost Accounting
  • Direct tax-I
  • Business Statics

Semester 4 :

  • Corporate Accounting-II
  •  Direct Tax-II
  •  Management Accountants
  • Research Methodology

Semester 5:

  • Computerized accounting system
  • Indian Economy
  • Introduction to Economics
  • Financial reporting
  • Fundamentals of financial management

Semester 6

  • Investment analysis and portfolio management
  • International financial management
  • Ethics and corporate governance
  • Corporate Tax planning
  • Major projects

B.Com can be done both online and offline from various universities.

Fees Details Bachelor of Commerce (B.Com)

The average Fees is 15000-20000.

B.Com Courses Rs15000-20000.

Eligibility criteria: Bachelor of Commerce (B.Com)

Students must pass the class 12 examination with any stream with a minimum of 50% marks. Admission to the B.Com course is done through merit and also through entrance exams. Some of the top entrance exams conducted are –IPU CET, BHUUET DUET, NPAT. Students can apply for different types of B.Com Programs like B.Com LLB,B.Com with ACCA or B.Com with CA to enhance career opportunities. Candidates having an academic background in science, commerce, and arts stream are eligible to apply for the course. After B.Com students have the option to pursue M.Com, CA, MBA or can apply for jobs as a Tax consultant, Stockbroker, Auditor, Lecturer, Insurence consultant.

List of top commerce colleges in India based on 2021 ranking:

➡ Shri Ram College for women: LSR New Delhi
Parul University: Vadodara, Gujarat
➡ Loyola College: Chennai –TamilNadu
➡ St Xavier,s college –Mumbai –Maharastra
➡ Hindu College –New Delhi
➡ Hansraj College-New Delhi
➡ Madras Christian CollegeChennieTamilNadu
➡ R.A.Poddar College of Commerce and Economics Mumbai Maharastra
Symbiosis college of arts and commerce Pune Maharastra
➡ Stella Maris College Chennie TamilNadu

Other commerce colleges are

➡ Ethical college for women –Chennai Tamil Nadu

➡ HR College of Commerce and Economics Mumbai Maharastra

➡ K J Somaya College of Arts and Commerce Mumbai Maharastra

➡ Mount Carmel College Bangalore Karnataka

➡ Shri Venkateshwara college Delhi

➡ Sydenham College of Commerce and Economics Mumbai Maharastra

➡ Gargi College New Delhi

➡ KPB Hinduja College of commerce Mumbai Maharastra

➡ Kirori Mal College New Delhi etc.

Courses also Prepare

There are many other colleges other than these where commerce is being taught at graduation and post-graduation levels. Every year many private and government banks hire fresh b.com students n UPSC also hires these students, These courses also prepare for :

1. Chattered accountant
2. Chattered secretary
3. Cost and work account assistant(CWA)
4. Company secretary

Q1. why should we study B.Com?

        We should study commerce at the graduation level as it opens the gate for other careers in the corporate world and Entrepreneurship. The course provides business and financial knowledge.

Q2. Is the salary of commerce graduates good?

        The salary earned by commerce graduates is 2.5 to 4 lakhs per annum. It,s considered a higher salary package.

Q3.  Do B.Com students go for higher studies?

         B.Com provides a base for higher studies in order to enhance their skills and increase their opportunity to earn more students can further study, CA, CS, CMA, MBA, etc. These courses are highly job-oriented and have high pay packages.

Q4. Is it worth doing M.Com after B.com?

       Bachelor of commerce is a stepping stone for the candidates who want to pursue Management and commerce field.B.Com will impart the basic knowledge of the M.Com course curriculum.

Q5. Is there a demand for bachelor of commerce candidates in government and private job sectors?

        The demand for Bachelor's in commerce in both the private and government sectors is going up day by day.

Q6. Which job is suitable for B.Com?

         Export-Import manager, Accountant, Finance consultant

Q7.  Is B.Com enough to get a job?

         Today in the competitive job market scenario having a bachelor’s degree like B.Com is not enough to get a good position. Students should have additional and competencies and proper knowledge to face the strong competitive world.

Q8. Is B.Com easy to pass?

       B.Com degree prepares a student with fundamentals and concepts of – Accountancy, Business administration, the concept of accountancy, Business administration, Finance, economics, and industrial politics. So it,s not that easy.

Q9. What doesB.Com subject includes?

        B.Com syllabus includes subjects like :

  • Accountancy
  • Financial System
  • Taxation
  • Business Managemen
  • Financial Accounting
  • Business Economics
  • Company Law
  • Cost Accounting

Q10. From which universities can we do B.Com in correspondence?

          In correspondence B.com and B.Com (honors)can be done from :

  • School of open learning, University of Delhi
  • Indira Gandhi National Open University
  • Annamalai University
  • Allahabad University
  • Jamia Millia University
  • Karnataka State Open University
  • Banglore University

Q 11. How can we take admission in B.Com?

           On the basis of merit, students get admission to various universities and colleges. A merit list is prepared based on the performance of the student in class 12th. Some universities conduct the admission test or entrance exam namely the common admission test (CAT), Management aptitude Test (MAT).

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