Bachelor of Commerce [B.Com] Course Details - Admissions, Eligibility, Duration and Course Fees

Bachelor of Commerce course is abbreviated as B.Com. B.Com is an undergraduate academic degree awarded for a course or program in Commerce. The duration of the B.Com course is 3 years in India, divided into six distinct semesters. The B.Com courses list includes Marketing, Human Resource, Finance specialisation as the subjects of study. The eligibility criteria for pursuing B.com degree is a minimum of 45% in 10+2 from a recognized Board/University.

B. Com Course Fee in India:

The average course fee for an aspirant of Bachelor of Commerce [B.Com] ranges from INR 7,500 to INR 1 lakh per annum. This amount varies depending on the prestige, infrastructure, and placements of the college in which the aspirant wishes to gain admission as well as the factor of management and government quotas.

B.Com Salary in India:

The average course salary for graduates of Bachelor of Commerce [B.Com] is INR 4.42 lakhs per annum. The salary varies as per the sector fo employment, the firm of jobs, and the graduates' diligence and seniority at the workplace.

B.Com Course:

The program is designed and guided by competent accounting professionals to groom the aspirants to fill the supply-demand gap in the field of commerce and accounting. The curriculum of the course is designed in a way such that it aims to project students towards entrepreneurship while competing for admissions into Masters’ programs. 

Universities provide campus placements for final year Bachelor of Commerce [B.Com] students. The job opportunities for graduates of B.Com course are immense, and the scope of jobs is lucrative at the very least. The areas of employment after B.Com course are:

• Banking
• Industrial Houses
• Business Consultancies
• Public Accounting Firms

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.

B.Com Quick Links:

• Introduction to B.Com Course?
  
• Reasons for opting for B.Com?
  
• Entrance Exams for admission into B.Com
  
• Course Preparation Tips for B.Com 
  
• Subjects in B.Com curriculum
  
• Fees of B.Com Course
  
• Syllabus of B.Com Curriculum
  
• Eligibility for Admission into B.Com Course
  
• Admission Procedure for B.Com Course
• Specializations in B.Com Course
  
• Job Opportunities in B.Com Course
  
• Course Salary of B.Com
  
• Top B.Com Colleges in India
  
• Correspondence B.Com

What is B.Com Course?

The B.Com course or Bachelor of Commerce course is an undergraduate course in the field of commerce, the duration of which is usually three years. In practice, students who pursued commerce as their elective until the 12th standard pursue B.Com stream. However, students from Science and Arts backgrounds can also choose to pursue B.Com as a career prospect.

The B.Com syllabus is designed to incorporate the knowledge of the following in the student:

• Accounting principles
• Export and import laws
• Economic policies
• Other aspects that impact trade and business

Commerce students can opt for CA, CWA, CSS, and other courses after or even during graduation. Colleges in India grant students permission to pursue a B.Com degree and their Chartered Accountancy simultaneously, which provides the students with an added advantage during job placements and help them land high salary packages with prestigious companies. The curriculum of the course provides the students with a wide range of managerial skills and competence in a particular area of commerce.

Why Choose B.Com?

Bachelor of Commerce [B.Com] provides a broad scope of employment options and job scope for graduates as a large number of B.Com graduates choose to pursue self-employment or land lucrative salary packages in prestigious companies. The graduates of Bachelor of Commerce enjoy a very high employment rate with exciting salary packages. The necessity of a Manager or a Commerce Specialist to manage the financial aspects of a business makes a graduate of B.Com indispensable. 

All companies registered under the Companies Act, are mandatorily required to get their accounts audited only by practicing Chartered Accountants. As a result, Chartered Accountants (CA) are invaluable to an organization. A qualified Chartered Accountant can also choose to join Government Service, Public Sector Undertakings, or opt for lucrative projects in the private sector. The study of commerce educates the aspirant in a large number of industries such as:

• Financial Services
• Banking
• Business
• Industry
• Management
• Entrepreneurial Ventures
• Law
• Hotel Management
• Government Services

Top financial institutions recruit Bachelor of Commerce [B.Com] graduates through college placements to fill in their junior-level positions in the company. The key B.Com jobs are 

• Budget Analysts
• Entrepreneurship/Own Business
• Financial Analyst
• Investment Analysts, etc.

B.Com Entrance Exams:

A large number of national-level entrance exams are conducted by institutes and colleges as well as by the government to gauge the merit of the aspirants to grant admission to the students to the Bachelor of Commerce [B.Com] course:

1. Company Secretary Exam: ICSI Company Secretary Entrance Exam [CS-ICSI]
2. Chartered Accountant: ICAI Chartered Accountant Exam [CA-ICAI]
   
3. Institute of Cost Accountant of India [ICMAI Cost Accountant]
   
4. Delhi University Department of Commerce Entrance Exams
   
5. Patna Women's College B.Com Entrance Exam [PUCET]
   
6. Guru Gobind Singh Indraprastha University Common Entrance Test [IPUCET]
   
7. Lovely Professional Univesity National Eligibility and Scholarship Test [LPUNEST]

B.Com Course Preparation Tips:

Here are a few familiar preparation tips candidates should follow to clear the entrance exams for Bachelor of Commerce [B.Com]:

1. Effective time management: Focus points should be kept in mind, with particular emphasis on weaker subjects and the daily practice of numerical problems. A timetable should be drawn, and the candidate should follow the timeline with dedication and diligence.
2. Knowledge of the exam paper pattern: The paramount step in preparing well for the entrance exam is a deep-rooted understanding and comprehension of the paper pattern and the syllabus.
3. Enrolling in coaching institutes: A coaching class or a tutor especially for clearing the entrance exam is a bonus as the teacher will help a candidate to focus on weaker zones and will aid in practice and comprehension of topics.
4. Practice makes perfect: Candidates should practice and revise before the exam so that it reduces the unnecessary pressure one day before the examination.

B.Com Subjects:

The following subjects are pursued in the Bachelor of Commerce [B.Com] curriculum in most colleges throughout the nation. While there may be minor variations in the list of subjects pursued from college to college, the crux of the curriculum is maintained throughout the country.

• Auditing
  
• Accounting
  
• Actuarial Science
  
• Business System Analysis
  
• Business Economics
• Banking
  
• Communication
  
• Computers & Management of Information Systems
  
• Decision Analysis
  
• Economics
  
• Econometrics
  
• Electronic Commerce
  
• Entrepreneurship
  
• Finance & Financial Markets
  
• Government
  
• Human Resource
  
• Industrial Psychology
  
• Information Management
  
• Insurance
  
• Labor Relations
  
• Law
  
• Logistics Management
• Management
  
• Management Science
  
• Marketing
  
• Mathematics
  
• Operations Management
  
• Organizational Studies
  
• Politics & Public Policy
  
• Supply Chain Management
  
• Risk Management/ Financial Risk
  
• Strategic Management
  
• Statistics
  
• Taxation
  
• Transport Economics

B.Com Course Fees:

The average course fees for an aspirant of Bachelor of Commerce [B.Com] ranges from INR 7500 to INR 1 lakh per annum. This amount varies depending on the prestige, infrastructure, and placements of the college in which the aspirant wishes to gain admission as well as the factor of management and government quotas.

B.Com Course Syllabus:

The syllabus pursued in the curriculum for Bachelor of Commerce [B.Com] course is tabulated below. While some colleges follow curriculum with minor deviations, the majority of the syllabus structure remains the same for most colleges across India.

B.Com Syllabus - Semester 1
Sl. No.	Subjects of Study
1	English and Business Communication
2	Interdisciplinary Psychology for Managers
3	Business Economics - I
4	Principles of Financial Accounting
5	Commercial Laws
6	Principles and Practices of Management

 

B.Com Syllabus - Semester 2
Sl. No.	Subjects of Study
1	English and Business Communication
2	Interdisciplinary e-Commerce
3	Business Economics - II
4	Corporate Accounting
5	Business Laws
6	Human Resource Management
7	Environment, Road

 

B.Com Syllabus - Semester 3
Sl. No.	Subjects of Study
1	Interdisciplinary Issues in Indian Commerce
2	Cost Accounting
3	Company Law
4	Business Mathematics and Statistics
5	Banking and Insurance
6	Indirect Tax Laws

 

B.Com Syllabus - Semester 4
Sl. No.	Subjects of Study
1	Interdisciplinary Security Analysis and Portfolio Management
2	Advanced Accounting
3	Auditing and Secretarial Practice
4	Cost Management
5	Marketing Management
6	Quantitative Techniques and Methods

 

B.Com Syllabus - Semester 5
Sl. No.	Subjects of Study
1	Income Tax Law
2	Management Accounting
3	Indian Economy
4	Production and Operation Management
5	Entrepreneurship and Small Business
6	Financial Markets and Services

 

B.Com Syllabus - Semester 6
Sl. No.	Subjects of Study
1	Direct Tax Laws
2	Financial Management
3	Issues in Financial Reporting
4	Social and Business Ethics
5	Operational Research
6	Sectoral Aspects of Indian Economy

B.Com Course Eligibility:

Students who have pursued from any stream in pre-university (10+2) are eligible to apply for Bachelor of Commerce [B.Com] course. However. the candidate must fulfil the minimum required percentage of 50%. This varies from college to college.

B.Com Course Admission:

Generally, the admissions into the Bachelor of Commerce [B.Com] course are merit-based. However, some universities have their entrance exams to gauge the merit of the students to grant them admission into the B.Com curriculum. Candidates seeking access to the B.com program are required to fill out admission applications of the colleges in which they desire to gain entrance. 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 Specialisations:

The specialisations offered in the Bachelor of Commerce [B.Com] course to aspirants are listed as under:

Sl. No.	Specializations
1	B.Com in Advertising & Sales Management
2	B.Com in Computer Application
3	B.Com in Foreign Trade
4	B.Com in  E-Commerce
5	B.Com in Honours
6	B.Com in Office Management
7	B.Com in Tax Procedure

B.Com Job Opportunities:

The abundant job profiles available to graduates of the Bachelor of Commerce [B.Com] curriculum include:

1. Auditors
2. Actuaries
3. Book Keepers
4. Budget Analysts
5. Business Consultants
6. Business Operation Manager
7. Certified Public Accountant
8. Chartered Management Accountant
9. Chief Financial Officer
10. Cost Estimators
11. Entrepreneurship/Own Business
12. Finance Managers
13. Financial Analyst
14. Human Resource Managers
15. Investment Banker
16. Investment Broker
17. Investment Analysts
18. Marketing Managers
19. Market Researcher
20. Personal Financial Advisors
21. Stock Brokers
22. Teacher/Lecturer Job

B.Com Course Salary:

The average course salary for graduates of Bachelor of Commerce [B.Com] curriculum is INR 4.42 lakhs per annum. The salary varies as per the sector of employment, the firm of jobs, and the graduates' diligence and seniority at the workplace. 

List of B.Com Colleges:

The top colleges in India offering the Bachelor of Commerce [B.Com] course are listed below:

Sl. No.	B-Schools
1	St. Xavier's College, Kolkata
2	Shri Ram College of Commerce, Delhi
3	Christ University, Bangalore
4	St Josephs College of Commerce Autonomous, Bangalore
5	Lady Shri Ram College for Women, New Delhi
6	Management Development Institute, Gurgaon
7	SP Jain Institute of Management & Research, Mumbai
8	Faculty of Management Studies, University of Delhi
9	Madras Christian College, Chennai
10	SVKM's Narsee Monjee Institute of Management Studies, Mumbai

Distance B.Com:

The top colleges in India offering distance Bachelor of Commerce [B.Com] curriculum include:

• Delhi University [DU]
• Tamil Nadu Open University [TNOU]
• Annamalai University, Directorate of Distance Education
• University of Mumbai
• Bharathiar University
• Madurai Kamaraj University
• Alagappa University
• Panjab University
• Gujarat University
• Karnataka State Open University

Other Related Courses in India:

• BBA Course
• BBM Course
• BMS Course