B.Com- Bachelor of Commerce
Bachelor of Commerce is a three-year undergraduate degree program. In order to prepare students for careers in banking, accounting, insurance, and finance, B. Com. courses teach analytical skills, financial literacy, business acumen, business laws, and taxation.
B.Com. admissions at the best B.Com. colleges in India, such as Loyola College, Shri Ram College of Commerce, Hindu College, Ramjas College, and so on, are done not only based on merit but also through a variety of entrance exams. IPU CET, CUET, NPAT, BHU UET, and others are among the most popular admissions tests for B.Com. programs.
Candidates for the B.Com degree will study the fundamentals of business as well as core subjects like finance, economics, accounting, actuarial studies, and business management over the course of three years.
To be eligible for B. Com. courses, you must have earned at least 50% on your 12th grade or an equivalent exam. Students in the business field are most interested in and eager to take the B. Com. course. The B. Com. Syllabus focuses on topics like accounting, taxation, and economics, among others. The most popular B Com Honours Subjects are found in the course.
B Com Course Details
Column1 | Column2 |
B Com Full Form | Bachelor of Commerce |
B Com Duration | 3 Years |
B Com Admission Process | Entrance exam or Direct Admission |
B Com Eligibility | Pass class 12 in any subject |
DU Cut Off | 0.99 |
B Com Top Colleges | Delhi University, Calcutta University, Mumbai University |
B Com Average Fees | INR 2,500 – INR 65,000 |
B Com Average Salary | INR 20,000 – 45,000 per month |
What is B Com Course About?
A three-year undergraduate program in commerce, economics, business law, accounting, taxation, and finance is the B.Com. Bachelor of Commerce is the full form of B.Com. At the fundamental level, students acquire accurate knowledge of business, tax, accounting, and administration. B Com is the base on which a great deal can be worked with additional examinations.
There are three levels of the B Com program: B Com-General, B Com Honours, and B Com LLB. Regular and B Com distance colleges both offer B Com General and B Com Honors degrees.
Why should you pursue B.Com?
• After completing Bcom, students are prepared for careers in banking and finance. After completing their B. Com., a lot of students go into sales, which is also a good career choice. In the Sales department, there is a lot of room for growth in all areas with experience. There is also a lot of potential for students who want to stay in the finance or commerce stream.
• By 2025, India's Fintech market will be worth INR 6.2 trillion, offering financial sector professionals numerous opportunities. Mutual funds and insurance, in addition to the expanding Fintech sector, provide a variety of financial sector opportunities.
• India's financial sector is tightly controlled by the banking industry. In India, banks hold a total of USD 2.4 trillion in assets. The Indian people will receive credit for all of these assets from the banks. To effectively manage banks, they need people with experience in the business. In FY21, banks received deposits of USD 2.06 trillion and extended credit for USD 1487 billion.
B Com Honours
B Com Honours is a type of B Com Degree course with a subject as a major. Most students apply for majors in accountancy. B Com Honours is also a 3-year UG Degree course in the field of commerce, covering subjects such as Accounting, Taxation, Economics, Financial Management, etc.
Nomenclature and course curriculum is the major difference between B Com Honours and Bachelor of Commerce.
Most of the students prefer to pursue a B Com Honours program as it helps to prepare for certification exams such as Chartered Accountancy (CA) and other certifications side by side or afterward.
B Com Specialization List
• B Com Accounting and Finance
• B Com Corporate Secretaryship
• B Com Banking Management
• B Com Marketing
• B Com E-Commerce
• B Com Tax Procedure and Practice
• B Com Computer Applications
• B Com Accountancy
• B Com Applied Economics
• B Com Banking and Finance
• B Com Banking and Insurance
• B Com Financial Accounting
• B Com Financial Markets
• B Com Subjects
• B Com Subjects depend on the specialization chosen by the student. B Com Accountancy is the most popular B Com course. 1 Year B Com Subjects are mainly pass subjects that are common for all. The honors subjects start in the second year.
Column1 | Column2 |
B Com Subjects: Semester I | B Com Subjects: Semester II |
Accounts | Accounts |
Economics | Management |
Environment and Public Health | Maths |
English | Economics |
Maths/ Computer | General Awareness 1 & 2 |
Business Communication | Computers |
Computer Applications and IT | - |
Second language | - |
B Com Subjects: Semester III | B Com Subjects: Semester IV |
Income Tax Laws | Corporate accounting-II |
Banking and Insurance | Elements of company Law-II |
Microeconomics-I | Managerial communication |
Financial Markets and Institutions | The Indian banking system and central banking |
Indian Economy | Corporate accounting-II |
Corporate Accounting-I | Elements of company Law-II |
Business Communication | Managerial communication |
- | The Indian banking system and central banking |
- | Marketing Management Subjects |
B Com Subjects: Semester V | B Com Subjects: Semester VI |
Cost accounting | Advance accounting paper 2 |
Entrepreneurship | B Com Indirect Taxes paper 2 |
Marketing Management | Marketing Management |
Banking & Financial systems | Contemporary Indian economics Issues and policies |
Income Tax | Mercantile Law-II |
B Com: Process of Admission
There are a number of steps involved in the B. Com. admissions process at various institutions.
• Admissions directly: There are no entrance exams for the B. Com. course. Direct admission is the only way in. Students are accepted based on how well they did on exams for the 12th-grade boards. After the board exams have released their results, the list is made.
• Exams for Admission: Students' scores on national or state-level entrance exams like IPU CET, DUET, BHU, and others are used to determine admission to the Bachelor of Commerce program at some colleges and universities, such as Delhi University.
B Com: Eligibility Criteria
Although each college has its own set of requirements, the following lists some of the most common ones for B. Com. admissions in 2023.
• Candidates must have graduated from a recognized board with a 12 or equivalent.
• The minimum GPA required to be admitted to a B.Com. program varies from college to college. The B. Com. admission cutoff for Delhi University is around 99%, while it can be as low as 45% for some colleges.
• Any student can apply for B. Com. admission, but those who have completed their 10+2 with Commerce will be given preference over those from other streams.
• For B. Com. admission, some colleges hold entrance exams. Applicants who pass the B. Com. entrance exams are considered for admission based on their scores.
B Com: Entrance Exams 2022-23
CUET
IPU CET
NPAT
AIMA UGAT
SUAT
B Com Jobs
B Com offers a wide variety of career options. Apart from studying further and doing a job in the field of Chartered Accountancy and Company Secretaryship, there are many other job options that you can select as per your choice and skills. Candidates can apply in various sectors such as Banking, Finance, Insurance, Accounting, Taxation, etc.
B Com Job Profiles
Column1 | Column2 | Column3 |
Job Roles | Job Description | Average Salary (INR) |
Tax Consultant | It is known to be one of the most lucrative options because taxation is a kind of field that affects everyone. So, here also the demand is really high. | 5 Lakhs |
Auditor | An auditor holds a very important position in a company as he/she basically keeps a check upon the financial statements and accounting ledger of the different companies. | 4.61 Lakhs |
Stock Broker | B Com help to make the foundation of being a stock broker. After B Com they need to complete many other degrees and certificates in order to become a stock broker. | 3.93 Lakhs |
Export-Import Manager | During graduation, you will also be trained in this field. All the companies which deal in the export and import of goods will definitely require an export-import manager. You can join at an entry-level position in a company and then soon you will attract excellent pay in this field. | 2.44 Lakhs |
Accountant | After the completion of the B Com course, it is one of the most ideal and common choices made by a Bachelor of Commerce graduate. One other advantage of going for this course is that accountants are required in every company due to which they need for accountants. The initial payment will be less but gradually you will have a hike in your pay package. | 2.48 Lakhs |
Finance Consultant | The financial future of a company is planned by a financial consultant. They basically tell about the profitable investments and other beneficial plannings that are required in a company. | 10.03 Lakhs |
Banker | A Bachelor of Commerce graduate can easily get a job in the bank by cracking their entrance exam. You can either go for a public sector bank or a private sector bank. | 3.61 Lakhs |
Insurance Consultant | An insurance consultant is quite similar to the finance consultant. One minor difference between the two is that an insurance consultant generally plans about backup plans if any accidental disaster occurs. | 3 Lakhs |
Top B Com Job Sectors
Column1 | Column2 |
Finance | Taxation |
Law | Management |
Accounts | Operations |