BCom: Full Form, Course Details, Eligibility, Admission 2024, Fees, Duration, Courses

Duration: 3 Years
Avg Fees: INR 1,000-3,00,000 Per Year
Roumik Roy
Roumik Roy

Updated on - Mar 23, 2024

Latest Updates for BCom

  • 20 May 2024 :

    ICAI CA September session foundation exam dates released. The exam will be conducted on Sep 13, 15, 18, and 24, 2024.

  • 17 May 2024 :

    ICSI CSEET July 2024 registration is open till June 15, 2024. The exam is scheduled to be held on July 6, 2024.

  • 17 May 2024 :

    OUCET (CPGET) exam date 2024 is scheduled for Jul 5, 2024.

  • 15 May 2024 :

    CFA registration for Feb 2025 Level 1 and Level 3 is currently active and will close on Jul 9, 2024.

BCom or Bachelor of Commerce, is a 3-year undergraduate degree in the field of commerce and business that deals with the study of Accounting, Corporate Tax, Economics, Company Law, Auditing, Business Management, etc. The core B.Com subjects include topics like Financial Accounting, Business Mathematics and Statistics, Business Law, Management Accounting, Marketing Management, Income Tax, etc.

B.Com degree also helps students in providing expert knowledge in various specializations like computer science, banking and insurance, taxation, finance, cooperation, accounting and finance, accountancy, etc. It enables students to apply for jobs in diverse industries like IT, insurance, e-commerce, etc.

B Com Admissions require students to have a minimum of 50% in their high school degree (10+2) with a commerce stream and qualify with the required cut-off marks in B Com entrance exams such as PUCET, CUCET-UG, LPUNEST, etc. The annual BCom fees are in the range of INR 1,000-3,00,000, the fees vary depending on private and government colleges. The annual fee for BCom at LPU is INR 1,60,000, whereas, the Lucknow University annual BCom fee is INR 9,000.

Table of Contents

BCom Course Details

Degree Bachelors
Full Form Bachelor of Commerce
Duration 3 Years
Age The minimum age limit is 17-18 years.
Minimum Percentage 50% in 10+2 from a recognized board
Average Fees INR 1,000-3,00,000 Per Year
Similar Options of Study BBA, BMS, Bachelor of Economics, Bachelor of Banking and Finance
Average Salary INR 4 LPA
Employment Roles Accountant, Business Analyst, Company Secretary, Financial Analyst, etc
Top Recruiters SBI, Deloitte, TCS, Infosys, Wipro, Reliance Retail, Accenture, ITC Limited, etc.

What is BCom Course All About?

B.Com full form stands for Bachelor of Commerce, an undergraduate degree that emphasizes the theoretical and practical understanding of the business exchange of goods and services that directly or indirectly facilitate that exchange. The BCom course duration is 3 years.

BCom course provides good placement opportunities to students in top companies like ICICI, HDFC Bank, Amazon, KPMG, etc., in different roles ranging from Tax Consultant, Cost Estimator, Accountant, Banking Officer, etc. The average salary of a BCom graduate is INR 4 LPA (Source: Payscale)

BCom Eligibility Criteria

BCom admission requires a candidate to fulfill a certain set of parameters like entrance exam score, minimum percentage, additional certifications, etc. Below are the B.Com courses eligibility criteria:

  • Admission for the B.Com courses in India requires the aspirants to complete their 10+2 examinations in any stream with a minimum of 50% aggregate marks for the general category and 45% for SC/ST/OBC or any reserved category students. In addition, students must have cleared the standard entrance examinations such as CUCET-UG, LPUNEST, etc.
  • The minimum age limit to enroll in BCom courses is 17-18 years.

Why Choose B.Com Courses?

Bachelor of Commerce is one of the more sought-after courses in the field of Commerce, as it teaches topics that are very relevant to financial organizations, banks, and businesses. Below are a few points that give us in-depth insight into why to choose B.Com courses:

  • With the growth of globalization and the rise of MNC companies in India, there has been an increasing demand for finance and commerce professionals who can manage the financial aspects of these businesses.
  • By 2026, the e-commerce sector in India is expected to grow to $200 billion, leading to more commerce-related jobs across domains. (As per Economic Diplomacy Division Report)
  • Moreover, the government's policies like the Make in India initiative, Digital India, and GST implementation have opened up various job opportunities for commerce graduates.
  • As per the AISHE report, the growth of BCom courses has been increasing at a steady pace over the years. The growth rate of B.Com courses between 2015-16 to 2019-23 has been around 9.75.

Why choose b.com course

Also, Check: Difference Between B.Com and BCA

BCom Admission 2024

The admission procedure for the Bachelor of Commerce course is done on a merit basis in colleges like Invertis University and on the basis of entrance exams in colleges like LPU, Chandigarh University, etc. Listed below is the procedure to get admission for the B.Com courses:

  • Step 1: The students have to appear for entrance examinations to qualify for the B.Com courses.
  • Step 2: Further the student needs to fill out the college application form online or offline mode.
  • Step 3: Further, the candidate is called for an interview, or GD process, after which a final merit list is published.
  • Step 4: Students need to provide valid documents for the document verification process after getting selected and paying the fees.

B.Com Admission Process

Read More: B.Com Admission Process

B.Com Entrance Exams

BCom admissions are conducted both based on entrance exam scores and merit basis. The entrance exams are conducted at both national and institute levels to check student aptitude. The popular BCom entrance exams are listed below, along with application details:

BCom Entrance Exam

Registration Dates (Tentative)

Accepting College

CUET UG

February 2024-April 2024

UPES, University of Allahabad, etc.

AIMA UGAT January 2024- April 2024

KR Mangalam University, IMTS Institute, etc.

MIT-WPU CET May 2024- June 2024

MIT-WPU

LPU NEST January 2024

Lovely Professional University

CUCET February 2024-April 2024

Chandigarh University

PUCET April 2023- May 2023 

Panjab University

BCom Specializations

The Bachelor of Commerce is a three-year-long undergraduate program with several specializations. There are many BCom specializations under the degree, which makes the graduates of this course very employability-oriented. Listed below are some of the top 6 B.Com courses list:

Other popular B.Com Specializations are given below:

BCom Honours

BCom Accounting and Finance

BCom Tourism and Travel Management

BCom Professional

BCom Economics

BCom Corporate Secretaryship

BCom Professional Accounting

BCom Taxation and Finance

BCom Computer Science

BCom Information Technology

BCom Management Studies

BCom Banking Management

B.COM Specialization

Read More: BCom Specializations List

Top BCom Colleges in India with Fees

BCom course is offered by various prominent government and private colleges in India such as Symbiosis College of Arts and Commerce, Mumbai University, UPES, Loyola College, etc. 

The annual BCom fees in India are between INR 1,000 - 3,00,000, the government colleges offering BCom courses have an annual fee between INR 1,050-37,000, whereas, the annual fees in BCom private colleges and universities are between INR 1,000-3,00,000.

The below list contains the top B.Com colleges in India with annual fee breakdowns:

NIRF Ranking 2023

College Name

Tuition Fees Per Year

Admission Fees

Miscellaneous Fees Per Year

7

Loyola College

INR 37,950 

INR 10,000

-

15

Mithibai College

INR 35,000 

INR 1,000

-

16

Madras Christian College

INR 57,000 

-

INR 96,000 

23

Symbiosis College of Arts and Commerce

INR 23,594 

-

INR 6,476 

27

Chandigarh University

INR 1,49,000

-

INR 9,000 

35

Pune University

INR 9,000 

INR 1,000

-

38

Jesus and Mary College

INR 20,630 

-

INR 23,000

46

LPU

INR 1,60,000

-

INR 9,000 

52

UPES

INR 2,46,000

-

INR 2,38,000

54

GLA University

INR 1,05,000

INR 10,000

-

56

Mumbai University

INR 3,680

INR 380

INR 5,500 

65

St Joseph's College of Commerce

INR 97,000

INR 10,000

-

101

Lucknow University

INR 9,000 

INR 5,277

-

-

Sydenham College of Commerce and Economics

INR 50,000

-

INR 5,415 

-

KPB Hinduja College of Commerce

INR 20,000 

INR 1,000

-

-

St. Andrew College of Arts, Science and Commerce

INR 12,000 

INR 500

-

-

Invertis University

INR 30,000 

-

INR 85,000 

Top 5 BCom Colleges

Top City-Wise Bachelor of Commerce Colleges in India

Below listed are location-wise BCom colleges in India with the annual tuition fees:

Location

BCom Fees Tuition Fees Per Year

BCom Colleges in Mumbai

INR 3,000-1,00,000

B.Com Colleges in Delhi

INR 50,000-3,00,000

BCom Colleges in Bangalore

INR 50,000-2,00,000

BCom Colleges in Pune

INR 25,000-1,50,000

BCom Colleges in Kolkata

INR 15,000-1,00,000

BCom Colleges in Chennai

INR 12,000-1,00,000

B.Com Colleges in Ahmedabad

INR 50,000-3,00,000

BCom Colleges in Lucknow

INR 8,000-60,000 

B.Com Colleges in Indore

INR 30,000-1,00,000

BCom Colleges in Hyderabad

INR 10,000-80,000

Also, Check: BCom Fees in India

Types of Bachelor of Commerce Courses

The course has full-time, part-time, and distance options available to aspirants. The following B.Com course details are provided below:

Type

Bachelor of Commerce Eligibility

BCom Duration

B.Com Full Time

Should have passed 10+2 with Commerce with a minimum of 50% marks for general category and 45% marks for reserved category+ Entrance Exam Score+ GD and PI score.

3 Years

BCom Online

Should have passed 10+2 with Commerce  with a minimum of 50% marks for the general category and 45% marks for the reserved category

3 Years

Distance BCom

Should have passed 10+2 with Commerce  with a minimum of 45-50% marks for the general category and 45% marks for reserved category

3-5 Years

Distance Bachelor of Commerce Course

Below listed is BCom Distance education course details:

  • BCom through distance learning is ideal for candidates who cannot complete a regular BCom course.
  • The annual fees of distance B.Com range from INR 10,000 - 50,000.
  • The course can be pursued from top colleges like IGNOU, SCDL Pune, NSOU, Acharya Nagarjuna University Centre for Distance Education, etc.
  • Distance B.Com is also a three-year course that helps students develop their knowledge of business communication, finance and corporate accounting, business law, and bookkeeping.

Read More: Distance B.Com

Online BCom Course

Below listed are important pointers regarding online BCom course:

  • The online BCom course can be pursued from top colleges like LPU, Jain Online University, Amity Online, etc.
  • The course fees per year is between INR 30,000-60,000.

Integrated BCom Courses

An integrated course can be two bachelor-level courses combined or undergraduate courses combined with postgraduate courses. These courses provide a joint degree of two courses. Integrated B.Com course duration is a five-year UG course that an understudy can seek after the 10+2. Different Colleges/Institutes/Universities in India offer admission to the 5-year Integrated B.Com course which can be in the following combinations:

B.Com + LLB

Below listed are the important points regarding the integrated BCom LLB course:

  • B.Com LLB is a dual-degree integrated program that provides students with two separate degrees in two different fields.
  • The course can be pursued from colleges like Amity University, Panjab University, Nirma University, etc.
  • The BCom LLB fees per year is between INR 30,000-2,00,000.

Read More: B.Com + LLB

B.Com + M.Com

Below listed are the important points regarding the integrated BCom MCom course:

  • Students who want to take both UG and PG courses can enroll in the B.Com+ MCom combined course, a 5-year program.
  • The course can be pursued from top colleges like Mumbai University, Gujarat University, Kaveri College of Arts, Science and Commerce, etc.
  • The course fees per year is between INR 50,000-3,00,000.
  • Students in the B.Com+MCom integrated program learn everything there is to know about finance, banking, accounting, insurance, and international business. 

Also, Check: M.Com

BCom Syllabus and Subjects 

In BCom 1st year, students are introduced to the fundamentals of accounting, economics, and business communication. The BCom 2nd year builds upon this foundation with courses in financial management, business law, and taxation. Finally, in the BCom 3rd year, students delve deeper into specialized areas such as auditing, marketing, and entrepreneurship. Some of the subjects of BCom are:

Semester I

Semester II

Environmental Studies

Business Communication (Language- English/Hindi/MIL)

Financial Accounting

Corporate Accounting

Business Law

Corporate Laws

Micro Economics

Macro Economics

Semester III

Semester IV

Human Resource Management

Cost Accounting

Income-tax Law and Practice

Business Mathematics

Management Principles and Applications

Computer Applications in Business

Business Statistics

Business Mathematics

E-Commerce

Entrepreneurship

Semester V

Semester VI

Principles of Marketing

Auditing and Corporate Governance

Fundamentals of Financial Management

Indirect Tax Law

Discipline-Specific Elective 1

Discipline-Specific Elective 3

Discipline-Specific Elective 2

Discipline-Specific Elective 4

Read More: BCom Syllabus and Subjects

BCom vs BBA

BCom (Bachelor of Commerce) programs provide students with a strong foundation in financial management, auditing, and taxation whereas, a BBA (Bachelor of Business Administration), focuses on providing students with a comprehensive understanding of various aspects of business management.

Below is a detailed comparison of the two courses.

Full-Form

Bachelor of Commerce

Bachelor of Business Administration

Course Duration

3 Years

3 Years

Course Overview

The course curriculum focuses on subjects like accounting, economics, business law, taxation, and business communication.

The course curriculum focuses on subjects like finance, marketing, human resources, and operations management.

Eligibility

12th pass in commerce with a minimum of 50% marks.

12th Pass in any stream with a minimum of 50% marks

Course Fee Per Year

INR 1,000- 3,00,000

INR 10,000 - 3,00,000

Average Salary

INR 4 LPA

INR 2-7 LPA

Entrance Exam

SUAT, BHU UET, AIMA UGAT/Direct Admission

IPU CET, BHU CET, UPSEE, NPAT, SET

Top Colleges

Shri Ram College of Commerce, BML Munjal University, St. Xaviers College.

Christ University, Loyola College, Madras University.

Job Roles

Accountant, Cost Estimator, Financial Analyst, etc.

Business Development Manager, Sales Executive, Marketing Executive, etc.

Read More: BBA vs BCom

BCom vs BCom Hons

CA vs B.Com

B.Com Vs BA Economics

Career Options After B.Com

Many job opportunities are opened for the graduates after the course, both in the public and private sectors. The career after B.Com is vast, and the job offered will differ according to the industry the graduates work in and the knowledge possessed by the aspirants.

Below is the list of top B.Com job roles along with hiring companies and the average salary offered:

B.Com Job Designations

Job Description

Hiring Companies

Budget Analysts

  • Analysing financial data
  • Preparing budget reports, and providing recommendations for budget allocations.

IQVIA, SK Finance, CGI Group, E&Y

Cost Estimators

  • Estimating the costs of projects or services by analysing data and preparing cost estimates.

Shell, L&T Power, Tata Motors, KPMG

Business Operations Manager

  • Overseeing and optimising business operations
  • Managing resources, and implementing strategies to improve efficiency.

Accenture, HP, IBM, Cisco

Tax Consultant

  • Advising clients on tax-related matters, preparing tax returns
  • Ensuring compliance with tax laws.

E&Y, Deloitte, PWC, Infosys

Accountant

  • Recording financial transactions, preparing financial statements
  • Ensuring compliance with accounting standards.

KPMG, Deloitte, Ernst & Young (E&Y), PwC, Infosys

Auditor

  • Examining and verifying financial records to ensure accuracy and compliance with regulations.

Deloitte, E&Y, PwC, KPMG, Infosys

Financial Risk Manager

  • Identifying and managing financial risks
  • Implementing risk management strategies, and ensuring compliance with risk policies.

JPMorgan Chase, Goldman Sachs, Morgan Stanley

Retail Manager

  • Managing retail operations, supervising staff
  • Ensuring smooth functioning of the retail establishment.

Walmart, Reliance Retail, Future Group

Public Accountant

  • Providing accounting and financial services to the public, including tax preparation, auditing, and consulting.

Grant Thornton, BDO, RSM, Baker Tilly

Financial Analyst

  • Analysing financial data, preparing reports, and providing insights to support financial decision-making.

Goldman Sachs, JPMorgan Chase, Accenture, Infosys

Banking Officer

  • Working in various roles within the banking sector, such as customer service, account management, or loan processing.

HDFC Bank, ICICI Bank, State Bank of India (SBI)

Marketing Coordinator

  • Assisting in the development and implementation of marketing strategies
  • Conducting market research, and coordinating promotional activities.

Ogilvy & Mather, DDB Worldwide, Leo Burnett

Top Recruiters for BCom

The BCom scope is vast as graduates are hired by various private and government organisations such as BFSI, Retail and E-Commerce, IT and Consulting, Supply Chain and Logistics, Stock Market and Investment, etc. Below listed are a few top recruiters for graduates:

KPMG

Capgemini 

Accenture

SBI

Amazon

Genpact

HDFC Bank

Flipkart

Infosys

Deloitte

TCS

Ernst & Young

Wipro

Cognizant

Reliance Industry

[Sources: Payscale & Ambition Box]

Top 5 BCom Recruiters

Read More: Best Career Options After B.Com in India

BCom Salary In India

The BCom salary in India on average is INR 4 LPA [Source: Payscale]. Graduates after having three-plus years of experience can earn in range of  INR 6-10 LPA. Below listed are job roles for BCom graduates along with their average entry-level salaries:

BCom Jobs

Entry Level Average Salary

Salary After 3 Years of Experience

Budget Analysts

INR 3.5 - 4 LPA

INR 6 - 7 LPA

Cost Estimators

INR 3.2 - 3.8 LPA

INR 5 - 6 LPA

Business Operations Manager

INR 4 - 4.5 LPA

INR 7 - 10 LPA

Tax Consultant

INR 3.8 - 4.2 LPA

INR 6 - 7.5 LPA

Accountant

INR 3 - 3.5 LPA

INR 5 - 6 LPA

Auditor

INR 3.2 - 3.7 LPA

INR 6 - 7 LPA

Financial Risk Manager

INR 4.2 - 4.8 LPA

INR 7.5 - 9 LPA

Retail Manager

INR 3.5 - 4 LPA

INR 6 - 7 LPA

Public Accountant

INR 3.2 - 3.8 LPA

INR 5 - 6.5 LPA

Financial Analyst

INR 4.5 LPA

INR 6 - 7.5 LPA

Banking Officer

INR 3.2 - 3.7 LPA

INR 5.5 - 7 LPA

Marketing Coordinator

INR 3.2 - 3.7 LPA

INR 5.5 - 6.5 LPA

Read More: BCom Salary in India

Courses After BCom

BCom has a lot of scopes both in India and abroad. Graduates willing to enhance their commerce background knowledge can opt for an M.Com degree in India. Some of the higher education after BCom are:

15 Best Courses After B.Com in India

Top 10 Short Term Courses After B.Com

Top 5 Cities to Pursue B.Com Course

Below listed are the top 5 cities to pursue a B.Com course based on top colleges, average living expense, top recruiters and average starting salary:

City

Top Colleges Offering B.Com Course

Average Living Expense Per Month (INR)

Average Starting Salary (INR)

Top Recruiters

Mumbai

St. Xavier's College

20,000 - 30,000

3,00,000 - 5,00,000 PA

Tata Consultancy Services, HDFC Bank, ICICI Bank, etc.

Delhi

Ramjas College

15,000 - 25,000

3,00,000 - 4,50,000 PA

Ernst & Young, Genpact, etc.

Bangalore

Christ University

15,000 - 25,000

2,50,000 - 4,00,000 PA

Infosys, Goldman Sachs, Wipro, etc.

Pune

Symbiosis College of Arts and Commerce

15,000 - 25,000

2,50,000 - 4,00,000 PA

Bajaj Finance, Tech Mahindra, etc.

Chennai

Loyola College

15,000 - 25,000

2,50,000 - 4,00,000 PA

Cognizant, Sutherland Global Services, etc.

BCom Scholarships

There are various scholarships provided to B.Com students through government and private organizations. Below is a list of scholarships available to BCom students:

B.Com Scholarship

Eligibility Criteria

Amount

CLP India Scholarship Scheme

Students pursuing education from class 12th to the postgraduate level and have a minimum of 50% marks throughout their education.

Up to INR 18,000

Sarla Devi Scholarship

Students belonging to economically weaker sections want to pursue education in Arts,  Science, Commerce, and Vocational streams.

Up to INR 75,000

Azim Premji University Undergraduate Scholarship

Students belonging to economically disadvantaged groups and want to pursue UG and PG degrees in commerce, science, or any stream, with a minimum of 50% marks.

25-100% Scholarship amount depending on the percentage secured by the student.

HDFC Ltd's Badhte Kadam Scholarship

Students who want to pursue degrees like B.Com., B.Sc., B.A., BCA, etc.

Annual family income is below INR 6,00,000.

Up to INR 40,000

Read More: BCom Scholarships

Skills to Excel as a Bachelor of Commerce Graduate

BCom graduates must possess skills that will help them succeed in their professional careers. The skill sets will help the graduates in academics and help them evolve as the best working professionals. Below listed are a few skills required by BCom graduates:

  • Analytical Skills: Graduates should be able to analyze financial statements, data, and market trends to make informed decision-making for the organization.
  • Mathematical Skills: Graduates need to have good command over statistical and mathematical skills for analyzing financial statements.
  • Technological Proficiency: The graduates should know relevant software for data analysis like ERP, accounting software, excel, etc.
  • Sales and Marketing Skills: Graduates who want to work in the sales and marketing domain should develop market research skills and knowledge about consumer behaviour analysis.

Top Commerce Entrance Exams

BCom Fee Structure

FAQs

Can we take B.Com after 12th science?

Yes, you can opt for a B.Com after pursuing science in 12th grade. It is possible to change streams for science students.

Is BCom good for the future?

Yes, B.Com presents students with a bright and enriching future owing to the relevance of education and coursework. The specializations under B.Com are industry relevant making it easy for the students to build a rewarding career for themselves.

What can I do after BCom?

There are various BCom benefits upon the completion of the course, graduates can start with job roles such as Accountant, Financial Analyst, Chartered Accountant, etc.

What is the difference between B.Com and B.Com Honours?

The B.Com Honours program offers a more specialised education, whereas the regular B.Com program provides a broader foundation in business studies.

Is maths compulsory for BCom course?

No, it is not imperative to have maths as one of your subjects in the 12th grade to pursue this degree.

Which type of B.Com is good?

B.Com offers various specializations, whereas, BCom in Accounting and Finance is considered very promising due to diverse job roles and the future growth in the field.

What are the prerequisites for applying to a B.Com program?

Students need to have a minimum of 50% marks in 10+2 examination in commerce or related stream, along with clearing entrance exams like LPUNEST, CUET-UG, etc.

What skills are developed during a B.Com course?

The graduates need to develop skills in financial management, fostering proficiency in areas like accounting, and taxation, along with effective communication, teamwork, understanding of economic principles, etc.

Can I pursue B.Com through distance education?

Yes, students can pursue B.Com through distance education from colleges like IGNOU, SCDL Pune, NSOU, etc.

Is it necessary to have a commerce background in high school to pursue B.Com?

No, it's not mandatory to have a commerce background in high school to pursue B.Com. Students with having PCM background can also pursue a BCom course.

Are there scholarships available for B.Com students?

Yes, students can apply to various BCom scholarships like Sarla Devi Scholarship, Azim Premji University Undergraduate Scholarship, HDFC Ltd's Badhte Kadam Scholarship, etc.

What is the average salary for B.Com graduates?

The average salary of a B.Com graduate is INR 4 LPA.

Can B.Com graduates become Chartered Accountants (CAs)?

Yes, graduates of the B.Com program may pursue the Chartered Accountancy (CA) qualification by enrolling in the Institute of Chartered Accountants of India's (ICAI) CA programme.

Are internships part of B.Com curriculum?

Yes, various colleges include internships during the final year of B.Com.

See Various BCom Colleges in India

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