B.Com Course Details

Degree Bachelors
Full Form Bachelor of Commerce
Duration Course Duration of Bachelor of Commerce [B.Com] is 3 Years.
Age There is no prescribed age limit
Minimum Percentage 45% in 10+2 from a recognized Board
Subjects Required Commerce, Business, Accountancy, Business Mathematics / Statistics / Economics
Average Fees Incurred INR 5000 - 70,000 per annum
Similar Options of Study B.Com [Hons], BBA, BBM, BBS, BMS, CA, CS, CMA etc.
Average Salary Offered INR 2 L - 8 L per annum
Employment Roles Accountant, Operations Manager, Financial Analyst, Finance Manager, Account Executive, Executive Assistant, Chartered Accountant etc.
Placement Opportunities Tata Consultancy Services Limited, Genpact, Accenture, EY (Ernst & Young), J.P. Morgan Chase & Co. (JPMCC), HDFC Bank Pvt Ltd, HSBC are the top recruiters

About Bachelor of Commerce [B.Com]:

  • B.Com course is an Undergraduate Academic Degree awarded for a course or program in Commerce.

  • It is popularly known as B.Com which is an abbreviated form of the Commerce Degree.

  • Bachelor of Commerce degree programs generally lasts for 3 to 4 years depending on the country.

  • Generally, it is divided into 6 semesters. The B.Com courses list includes Marketing, Human Resource, Finance specialization as the subjects of study.

  • A person seeking the Science Degree needs to study 5 subjects. There are a limited number of combinations of subjects as compared to the Arts stream.

  • The program is designed and guided by competent accounting professionals to groom our students in order to fill the supply-demand gap in the field of commerce and accounting.

  • The B.Com Syllabus course also aims to prepare students towards entrepreneurship and competing for admissions into Masters’ programs.

  • But in a B.Com degree, one can opt for various combinations depending upon the availability of choices in various Institutes.

  • Universities provide campus placements for final year B.Com students, the B.Com job opportunities are plenty to appear for according to what interest's students.

  • The job opportunities after B.Com course are in the areas of Banking, Industrial Houses, Business Consultancies, Public Accounting Firms, and many others.

  • Colleges like Christ University, Bangalore, Stella Maris College, Chennai, St. Joseph's College of Commerce, Bangalore and various other colleges that offer B.Com degrees are among the top B.Com colleges in India.

What is Bachelor of Commerce [B.Com]?

What is B.Com

  • Most often we wonder "What is B.Com course and what is the knowledge gained in such a course?". For starters, B.Com stands for Bachelor of Commerce.

  • Usually, commerce stream students from 12th choose the B.Com course.

  • But both science and arts stream are students fit the criteria for eligibility for B.Com.

  • The B.Com course details and equips students with the knowledge of :

    • Accounting principles

    • Export and import laws

    • Economic policies

    • Other aspects that impact trade and business

  • Commerce students can take up CA, CWA, CSS, and other courses easily.

  • Students in India pursue B.Com courses alongside a CA or CS program.

  • Colleges grant students permission to manage a B.Com degree and their Chartered Accountancy at the same time which will give the students an added advantage during job placements and also gives them a bigger salary package.

  • In India, the B.Com course duration spans over a period of 3 years.

  • Bachelor of Commerce course is offered in many different disciplines to train candidates in a particular field.

  • The degree provides the students with a wide range of managerial skills and competence in a particular area of Commerce.

Why Choose Bachelor of Commerce [B.Com]?

Why choose B.Com?

  • Many subjects that one studies during B.Com provide employment or self-employment opportunities.

  • Bachelor of Commerce is considered the second option for those who are not that good in Science and those who think that Arts Degree is of less importance compared to Commerce. So the students who are not able to make it in science stream generally opt for Commerce as per the Indian Trend.
  • Bachelor of Commerce Degree holders have a High Employment Rate as there is no business which does not require a Manager or a Commerce Specialist to manage the financial aspects of their respective businesses.

  • All the companies registered under the Companies Act, are required to get their accounts audited only by practicing Chartered Accountants because of which accountants never run out of the job.

  • A qualified Chartered Accountant also has the option of joining the Government Service, Public Sector undertakings or taking up lucrative assignment in the private sector.

  • The study of Commerce provides a platform for work opportunities in a range of:

    • Financial services

    • Banking

    • Business

    • Industry

    • Management

    • Entrepreneurial ventures

    • Law

    • Hotel management

    • Government services

  • Top financial institutions recruit B.Com graduates through college placements to fill in their junior level positions in the company. The key job profiles after B.Com course are Budget Analysts, Entrepreneurship/Own Business, Financial Analyst, Investment Analysts etc.

Top Colleges for Bachelor of Commerce [B.Com]:

Ranking Overall

B-Schools

1

Indian Institute of Management, [IIM Ahmedabad]

2

Indian Institute of Management, [IIM Calcutta]

3

Indian Institute of Management, [IIM Bangalore]

4

XLRI, Jamshedpur

5

Indian Institute of Management, [IIM Lucknow]

6

Management Development Institute, Gurgaon

7

SP Jain Institute of Management & Research, Mumbai

8

Faculty of Management Studies, University of Delhi

9

Indian Institute of Management, [IIM Kozhikode]

10

SVKM's Narsee Monjee Institute of Management Studies, Mumbai

Source: The Hindu Businessline (2015-2016)


Top 5 Colleges Zone Wise for Bachelor of Commerce [B.Com]:

North

SI.No.

Name of the Institute

1

FMS, New Delhi

2

IIFT, Bangalore

3

MDI, Gurgaon

4

IMI, New Delhi

5

DMS, IIT Delhi


South

SI.No.

Name of Institute

1

IIM, Kozhikode

2

TAPMI, Manipal

3

DMS, IIT Madras

4

MANAGE, Hyderabad

5

DMS, NIT Trichy


East

SI.No.

Name of Institute

1

IIM, Calcutta

2

XLRI, Jamshedpur

3

XIM, Bhubaneshwar

4

IIM, Shillong

5

XISS, Ranchi


West

SI.No.

Name of Institute

1

IIM, Ahmedabad

2

 SPJIMR, Mumbai

3

SIPM, Pune

4

NITIE, Mumbai

5

NMIMS, Mumbai

Source: Outlook (2015)

Eligibility Criteria for Bachelor of Commerce [B.Com]:

Eligibility Criteria for B.Com

  • Students who have studied Commerce / Science / Arts in 10+2 are given preference over others with English and Math as Core Subjects.

  • Have to fulfill the minimum percentage of 50% which is decided by the college.

Admission Procedure for Bachelor of Commerce [B.Com]:

Admission Procedure for B.Com

  • Generally, the admissions are merit-based.

  • But some universities have their own entrance exam for admissions

  • Candidates seeking admission to the B.com program are required to fill out admission applications of the colleges they desire.

  • The application forms are then processed by various college and a merit list is released.

  • Once a candidate clears the first round of selection then they will be required to attend an interview process.

  • Subsequent merit lists might be released by colleges, depending on the number of seats they have.

  • Admission to the B.com program is guaranteed after the payment of admission fee by candidates.

  • Aspirants are supposed to submit originals of required documents at this stage.

  • B.Com duration is for 3 years minimum in most colleges across India.

See Various Bachelor of Commerce [B.Com] Colleges in India

Fee Structure of Bachelor of Commerce [B.Com] in India

0-2
2-5
5-10
(In Lakhs)

Fee Structure by State for Bachelor of Commerce [B.Com]

All Over India

Public Colleges
₹ 540 (Minimum Fee) (Maximum Fee) ₹ 3.90 Lakh
 
₹ 13,930 (Average Fee)
Private Colleges
₹ 324 (Minimum Fee) (Maximum Fee) ₹ 6 Lakh
 
₹ 33,000 (Average Fee)

Andhra Pradesh

Public Colleges
₹ 5,545 ₹ 40,500
 
₹ 16,290
Private Colleges
₹ 2,060 ₹ 49,500
 
₹ 14,400

Assam

Private Colleges
₹ 2,650 ₹ 3.40 Lakh
 
₹ 12,720

Bihar

Private Colleges
₹ 4,566 ₹ 5,943
 
₹ 5,861

Chhattisgarh

Public Colleges
₹ 2,139 ₹ 18,900
 
₹ 10,000
Private Colleges
₹ 4,999 ₹ 63,100
 
₹ 27,000

Delhi

Public Colleges
₹ 540 ₹ 56,055
 
₹ 24,150
Private Colleges
₹ 540 ₹ 1.50 Lakh
 
₹ 75,000

Gujarat

Public Colleges
₹ 3,600 ₹ 1.20 Lakh
 
₹ 10,200
Private Colleges
₹ 3,275 ₹ 2.73 Lakh
 
₹ 30,000

Haryana

Public Colleges
₹ 2,200 ₹ 9,282
 
₹ 5,800
Private Colleges
₹ 1,500 ₹ 3.87 Lakh
 
₹ 40,190

Himachal Pradesh

Private Colleges
₹ 5,670 ₹ 1.35 Lakh
 
₹ 1.05 Lakh

Jammu And Kashmir

Public Colleges
₹ 4,780 ₹ 16,200
 
₹ 7,545

Jharkhand

Public Colleges
₹ 2,499 ₹ 2.55 Lakh
 
₹ 25,500
Private Colleges
₹ 1,670 ₹ 2.70 Lakh
 
₹ 1.19 Lakh

Karnataka

Public Colleges
₹ 2,100 ₹ 18,364
 
₹ 11,400
Private Colleges
₹ 2,200 ₹ 5 Lakh
 
₹ 86,750

Kerala

Public Colleges
₹ 3,580 ₹ 66,000
 
₹ 8,204
Private Colleges
₹ 1,600 ₹ 2.91 Lakh
 
₹ 54,000

Madhya Pradesh

Public Colleges
₹ 2,300 ₹ 1.26 Lakh
 
₹ 15,090
Private Colleges
₹ 5,000 ₹ 2.10 Lakh
 
₹ 48,000

Maharashtra

Public Colleges
₹ 2,465 ₹ 63,000
 
₹ 16,635
Private Colleges
₹ 2,060 ₹ 1.50 Lakh
 
₹ 25,200

Meghalaya

Private Colleges
₹ 17,487 ₹ 1.17 Lakh
 
₹ 30,000

Orissa

Public Colleges
₹ 3,789 ₹ 43,500
 
₹ 6,750
Private Colleges
₹ 324 ₹ 1.83 Lakh
 
₹ 3,310

Punjab

Public Colleges
₹ 10,200 ₹ 1.80 Lakh
 
₹ 46,740
Private Colleges
₹ 2,340 ₹ 4.83 Lakh
 
₹ 88,500

Rajasthan

Public Colleges
₹ 2,366 ₹ 1.44 Lakh
 
₹ 37,500
Private Colleges
₹ 4,020 ₹ 6 Lakh
 
₹ 52,100

Sikkim

Private Colleges
₹ 10,500 ₹ 1.62 Lakh
 
₹ 1.19 Lakh

Tamil Nadu

Public Colleges
₹ 1,885 ₹ 1.18 Lakh
 
₹ 34,500
Private Colleges
₹ 713 ₹ 5.70 Lakh
 
₹ 33,000

Telangana

Public Colleges
₹ 1,700 ₹ 43,000
 
₹ 13,930
Private Colleges
₹ 3,780 ₹ 86,700
 
₹ 30,000

Uttar Pradesh

Public Colleges
₹ 2,606 ₹ 3.90 Lakh
 
₹ 12,180
Private Colleges
₹ 2,346 ₹ 5.67 Lakh
 
₹ 19,500

Uttarakhand

Public Colleges
₹ 1,704 ₹ 7,350
 
₹ 6,000
Private Colleges
₹ 3,500 ₹ 2.16 Lakh
 
₹ 9,000

West Bengal

Public Colleges
₹ 1,085 ₹ 36,090
 
₹ 5,100
Private Colleges
₹ 852 ₹ 95,700
 
₹ 6,750

Bachelor of Commerce [B.Com] Reviews

Vaishali
Bachelor of Commerce [B.Com], batch of 2017
Eligibility Criteria and Admission Process

The eligibility criteria of b.com is 10+2 with minimum 45% marks and Admissions in any of the programs at Quantum is based on merit. As the first step, a student needs to register with the college and deposit a registration fee - along with the duly filled registration form. Registered students are then invited for admission.

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Diksha
Bachelor of Commerce [B.Com], batch of 2018
Eligibility Criteria and Admission Process
3/10

First of all, you should complete your 12th class to take admission in this college. After passing 12th you will be eligible to take admission here. No entrance exam is required in this college.

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Nitish
Bachelor of Commerce [B.Com], batch of 2018
Eligibility Criteria and Admission Process
6/10

This college provides a platform to youngsters to grab new opprtunities. As there are very few societies in college. New comers do have an opportunity to make a new start of a society in this college.

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