B.Com (Hons.)
The Bachelor of Commerce (Honors) is the most popular bachelor's degree program in economics, accounting, taxation, finance, and other fields. It takes three years to complete. The possibilities for the B. Com. honors degree are numerous. In large corporations, corporate agencies, multinational corporations, and other organizations, students with backgrounds in finance and accounting are in high demand. In addition, a B. Com. (Hons.) degree can lead to careers in teaching, advertising, journalism, mass communication, law, design, the public sector, and other fields. One good place for B. Com (Hons) graduates to find a variety of suitable jobs is in the public sector.
According to central policy, 45 central and numerous other states, private, and deemed universities will begin accepting UG admissions based on candidates' CUET scorecards beginning in 2022. despite the B.Com. The eligibility requirements for honors may differ from college to college. Let's learn more in-depth about B. Com. honors eligibility, the best colleges, and the career scope in this article. The terminology and curriculum of the courses are the main distinctions between BCom Honours and BCom. The majority of students opt for the BCom (Hons) program because it helps them prepare for certification exams like the Chartered Accountancy (CA) exam and others either concurrently or later.
BCom (Hons) Course Highlights
| Column1 | Column2 |
| Course Level | Graduate |
| Full Form | Bachelor of Commerce (Honours) |
| Duration | 3 years |
| Examination Type | Semester System |
| Eligibility | Class 12 with 45% aggregate marks |
| Admission Process | Merit-Based and sometimes based on performance in Entrance Examinations |
| Course Fee | INR 60,000 |
| Average Starting Salary | INR 3-8 LPA |
| Top Recruiting Companies | Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, Marketing, etc. |
| Job Positions | Business Analyst, Cost Accountant, Finance Officer, Sales Analyst, Junior Analyst, Tax Accountant, Stock Broker, Economist, Business Development Trainee, and such. |
BCom (Hons) Admissions Procedure
Each college has its own set of admission requirements. Students whose Class 12 scores fall within the percentage cut-off are eligible to apply for the course at colleges like Delhi University, which offers admission based on the Cut Off list generated by its affiliated colleges.
Students are typically accepted by IP University, Banaras Hindu University, Aligarh Muslim University, and others based on their performance on university-level BCom Hons entrance exams.
Eligibility for BCom (Hons)
Admission The following are the fundamental admission requirements for BCom (Hons):
• a minimum of 45 percent or its equivalent in subjects related to business, including math, accounting, and business studies, among others, in 12th grade.
• Students must have graduated from a recognized high school.
• The overall percentage may differ between colleges.
BCom (Hons) Entrance Exams
Following are the top entrance exams consisted for BCom Honours admissions in India:
• IPU CET:
This exam is conducted every year by GGSIPU (IP University) for admissions into one of the 118 affiliated colleges in courses of different levels in streams such as science, commerce, arts, languages, engineering, management, etc.
The exam is conducted in online mode, with most of the questions of MCQ-based type. The question type may be different for each course.
For BCom Honours, around 100 questions from Logical Reasoning, Data Interpretation, General Awareness & General English will be there, and students are required to finish the exam within 2.5 hours.
• BHU UET:
This exam is an offline-based exam, conducted by Banaras Hindu University (BHU) for admissions into its many UG courses such as B.Sc, BCom (Hons.), BVSc., BFA, LLB, etc.
With approximately 6 affiliated colleges & Institutes and over 8000 seats, many students give this national exam every year to find admission in BHU.
The exam pattern is different for each course. For the BCom Honours course, the exam usually consists of questions from Accountancy, Financial Statements, Business management, etc.
• NPAT:
This is a national-level exam conducted by NMIMS, offering admission into many courses such as B.Tech, and BBA, including the BCom Honours program. The exam is mostly MCQ based and the mode of exam is usually computed-based (online).
The exam pattern is the same for each course and consists of questions from General English & Language Proficiency, Quantitative Ability, General Intelligence, etc.
• Lucknow University BCom (Hons) Entrance Examination:
This is a university-level exam conducted by the University of Lucknow every year for admission into many courses, including BCom Honours. It consists of 100 MCQ-based questions that students are required to complete in 120 minutes (3 hours).
The syllabus for the BCom Hons course consists of questions from Accounting, Business Management, Mathematics, etc. of Class 10+2 level.
• Aligarh Muslim Univerisry (AMU) BCom (Hons) Entrance Exam:
This is a university-level examination conducted by AMU Controller Exam at different exam centers all over India. The application and admission process has been started in AMU for the BCom Honours course.
The syllabus usually consists of important topics at the Class 10+2 level having questions from Accountancy, Business Management, Economics, etc.
Things to keep in mind when preparing for the BCom Hons Entrance Exam
Before starting to prepare, review the exam pattern and syllabus. Make a detailed timetable and stick to it to cover the entire syllabus on time.
• Reading newspapers and staying up to date on Indian and global news, particularly in the fields of finance and economics, are essential for General Knowledge and Current Affairs.
• There are a number of helpful books on the market that can help you improve your general English language proficiency.
• The NCERT textbooks are sufficient for business management, economics, and accounting preparation.
• To assist you in better preparing, have previous year's questions papers and sample papers.
• Before taking the exam, you should absolutely take five to ten practice tests if you can find them online or in person.
• For the best results on the day of the exam, study hard, prepare thoroughly, and get enough sleep on a regular basis.
B.Com. (Hons.): What's the point?
• The program's objective is to provide qualified candidates with specialization in a wide range of finance and accounting-related skills while simultaneously developing expertise in a specific field of business and commerce.
• Students who successfully complete the course and are interested in continuing their education in the field can pursue an MBA or MCom.
• Through the advanced study of general subjects like organizational behavior and cost accounting, the program aims to develop students' competent business acumen, allowing them to later specialize in a specific field. A research-based dissertation is the culmination of the curriculum's intensive study.
Below we have compared these two degrees and pointed out common differences between them.
| Column1 | Column2 | Column3 |
| Parameters | BCom (Hons) | BCom |
| Course Overview | BCom Honours is an undergraduate course that offers specialization in one of the main subjects of commerce, which could be accounting, economics, or finance or business that students can choose in their last year. | BCom is a standard bachelor’s degree in the field of commerce covering all the aspects included in it. From accounting, finance, and taxation, everything is covered in this course. It offers an overview of all the subjects included in the commerce field. |
| Duration | 3 years | 3 years |
| Admissions | Based on the marks obtained in Class 12. The cut off set for this course is higher than a simple BCom course. | Based on the marks obtained in Class 12. The cut off set for this course is lower than BCom Hons degree hence many students end up opting this course. |
| Course Objective | BCom Hons not only provided knowledge in the commerce field but made students familiar with the business aspect as well. It seems to be very helpful if the students want to pursue CA, CFA, CMA or any other competitive certification course in the future or side by side. | BCom is a common commerce course that provides overall knowledge of the subjects like Accountancy, Business Management, Taxation, Economics, etc. You cannot specialize in any particular field while studying BCom. |
| Degree Value | Many companies and industry professional students from Hons background because of their advanced training and expertise in one particular field. | Career prospects are the same for both degrees, but students with an honors degree are given more preference than just a BCom degree. |
| Salary Offered | INR 20,000-50,000 per month | INR 15,000-40,000 per month |
BCom (Hons) Specializations
Many colleges offer specializations in this course, which are mentioned below:
• BCom Hons Accountancy:
This course is for students who are particularly interested in expertise in the field of accounting. Graduates after completing BCom (Hons) in Accountancy are hired in areas and departments such as Accounting Offices, Auditing departments, treasury, information systems, etc.
Average Fees INR 60,000
Average Salary INR 3-6 LPA
• BCom Hons Accounting & Finance:
This is a specialized niche course in the field of commerce, which basically covers the main aspects related to the accounting and finance world. Students who are strong in Maths and Economics should pursue BCom (Hons) Accounting and Finance courses.
Average Fees INR 80,000
Average Salary INR 3-8 LPA
BCom (Hons.) Syllabus
The syllabus consists of compulsory core subjects and students can select a few elective subjects from the elective course list provided by the college. Other than this, there is compulsory project work that has been submitted in the last semester.
A semester wise breakup of the BCom Honours Syllabus is mentioned below:
| Column1 | Column2 | Column3 |
| Semester I | Semester II | Semester II |
| Business Organization & Management | Business Statistics | Business Mathematics |
| Financial Accounting | Basics of Computer | Income Tax Laws & Practice |
| Micro Economics I | Micro Economics II | Macro Economics |
| Business Laws | Corporate Laws | Marketing Principles |
| Any Language college is offering (Mainly English) | Any Language college is offering (Mainly English) | |
| Semester IV | Semester V | Semester VI |
| Indirect Tax | Management Accounting | International Business |
| Corporate Accounting | Financial Management | Ethics of Business |
| Cost Accounting | Auditing | Business Communication |
| Human Resource Management | E-Commerce | Project Work |
| Performance & Policies in the Indian Economy | Elective Course (Any One) | Elective Course (Any One) |
some of the common elective courses:
| Column1 | Column2 | Column3 |
| BCom (Hons) Elective Courses | ||
| Financial Markets & Services | Compensation Management | Corporate Tax Planning |
| Advertising & Personal Selling | Business Data Processing | Entrepreneurship & Small Businesses |
| Fundamentals of Investment | Consumer Relation & Customer Care | Business Tax Procedure & Management |
BCom (Hons) Jobs & Career
Commerce is a diverse field that includes various types of jobs in the field of Business management, accountancy, taxation, financial management, cost accounting, etc.
As Accountants, commerce graduates keep track of the profit and loss records of an organization, with proficiency and training in Basic Principles of Accountancy, Cost Accounting, and Management Accounting.
They may also work as Tax Consultants or in the field of banking. Chartered Accountant (CA), Cost and Work Accountant (CWA), and Company Secretary (CS) are some other advanced career options in this field, besides financial services, marketing, project management, etc.
Below are mentioned some of the common jobs that are pursued by commerce students after completing the BCom Honours course:
| Column1 | Column2 | Column3 |
| Job Position | Job Description | Average Salary |
| Accountant | The main job of an Accountant is to perform financial calculations for the best benefits of tex and business. | INR 2.48 LPA |
| Auditor | The auditor checks the authenticity and accuracy of business records. | INR 4.70 LPA |
| Business Consultant | Business Consultants help in the development of both new business and old businesses. | INR 9.85 LPA |
| Finance Officer | These officers are hired by companies to handle financial issues and decisions in a company. | INR 3.40 LPA |
| Tax Consultant | They usually work to solve tax-related issues of the company or clients and prepare tax returns on their behalf. | INR 5.09 LPA |
| Bank Manager | Bank Manager is responsible for the full functioning of the bank, from addressing the employed, and the public and to check all the work is going on as per the policies set. | INR 7.34 LPA |
| Financial Consultant | They usually work with clients and advise them on investment and other financial services that will help them in maintaining their finances. | INR 6.39 LPA |
| Stock Broker | Stock brokers are employed in the financial department of the company and provide services to perform financial investments related to stocks and other securities. | INR 3.50 LPA |
| Certified Chartered Accountant (CA) | A Certified CA can work in organizations and independently and assist in all finance-related issues and investments. | INR 7.91 LPA |
BCom (Hons) Career Scope
After earning their Bachelor of Commerce (Hons.) degree, students have access to numerous opportunities. degree. Freshmen can gain experience by working for reputable finance firms, consultancies, multinational corporations, and other sectors through colleges.
They give these professionals a lot of experience, which helps them pick a good career. Some individuals prefer to remain employed in the same position, while others prefer to specialize by earning certifications such as Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Chartered Accountant (CA), and Certified Management Accountant (CMA), among others. for obtaining internationally renowned career options in India and abroad.
A variety of management courses, including the Master of Business Administration (MBA), Post Graduate Diploma in Management (PGDM), Post Graduate Program in Management (PGPM), and other professional diploma or degree programs, are available to work professionals and students who wish to enter the field of management.