B.Com or Bachelor of Commerce is a 3-year undergraduate course that deals with the study of financial accounting, corporate tax, economics, company law, auditing, business management, etc. The main aim of the B.Com course is to equip students with the right skills required to form a lucrative career in the fields of accounting, banking, finance and insurance.
|Full Form||Bachelor of Commerce|
|Duration||Course Duration of Bachelor of Commerce [B.Com] is 3 Years.|
|Age||No age limit|
|Minimum Percentage||50% in 10+2 from a recognized Board|
|Average Fees Incurred||INR 7,500 - 1 LPA|
|Similar Options of Study||B.Com [Hons], BBA, BBM, BBS, BMS, CA, CS, CMA, ICWA etc.|
|Average Salary Offered||INR 4.5 LPA|
|Employment Roles||Accountant, Business Analyst, Company Secretary, Operations Manager, Financial Analyst, Chartered Accountant, Account Executive, Executive Assistant, Certified Management Accountant, etc|
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The full form of B.Com is Bachelor of Commerce. Business Dictionary defines Commerce as "a branch of business concerned with the exchange of goods and services. It includes all those activities, which directly or indirectly facilitate that exchange. It includes all the processes that have to do with the exchange of products and services. The term usually refers to doing business on a large scale."
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Admission for the B.Com courses in India requires the aspirants to complete their undergraduate degree with a minimum of 50% aggregate marks from any recognized board in any relevant discipline. Also, along with the essential criteria. In addition, students must have cleared the standard entrance examination with good scores from any reputed institute to get B.Com Admission. Along with it, there are no age criteria for joining the course of B.Com.
The admission procedure for the B.Com course is done on a merit basis and is management-based. Aspirants must satisfy the minimum eligibility criteria, including marks scored and B.Com entrance exam scores. Listed below is the procedure to get admission for B.Com Course:
Admissions are carried out either from the college premises or are available online. The admission process is strictly merit-based and entrance-based. The aspirants can apply for the course of B.Com by downloading an admission form which is available online. Before entry to the program, the universities administer counselling, interviews, group discussions, etc.
When applying for the B.Com course, aspirants must be aware of how the admission process for the course takes place. Some states, such as West Bengal, Maharashtra, Uttar Pradesh, etc., take their entrance tests. Below we have mentioned the detailed B.Com admission procedure after 12th 2022.
Entrance exams and marks scored in 12th/10th are considered to avail admission. After the university conducts the interview, the aspirants are allocated seats based on various eligibility criteria fulfilled by the aspirants. The admission procedure is solely dependent on the institute offering admission. After that, the cut-off marks to ensure admission to the students have been proposed by the university or college providing admissions.
During the 3-years B.Com degree, the aspirants will learn about the general business principles and, at the same time, study core commerce subjects such as finance, economics, accounting, actuarial studies, business management, etc. Given below are general requirements for the students who want to study B.Com:
B.Com courses are classified into different types, and 38 different specialization programs are offered across India. Students who completed 12th in schooling are eligible for all these programs and can get admitted into all the affiliated universities present in all the Indian states.
|Type of B.Com||Selection Process||Fees|
|B.Com Online||Merit-Based||INR 20,000 PA|
|B.Com Distance Education||Entrance Exam Based||INR 47,000 PA|
|B.Com Abroad||Entrance Exam Based||INR 12 LPA|
B.Com Honors is a type of course with a subject as a Major.B.Com Honors is a three-year UG degree in Commerce, covering accounting, Tax, Economics, and Financial Management. The syllabus is the main difference between B.Com Hons and the general B.Com.
B.Com Online is also a three-year course that helps students develop their knowledge of business communication, finance and corporate accounting, business law, and bookkeeping.
B.Com Online is ideal for candidates who cannot complete a regular B.Com course or cannot afford a regular B.Com fee. The average price of B.Com online ranges from INR 10,000 - 50,000 PA.
Distance B.Com course is designed to help students from various backgrounds study the B.Com course. It helps students learn about the topics without the constraints of finance and location. Here are some important information related to B.Com Distance Education:
|Eligibility||50% in 10+2 Boards Exam|
|Average Fees (INR)||15000 – 25,000 PA|
|Average Placements (INR)||2.5 LPA – 4.5 LPA|
|Job Role||Operations Manager, Accountant, Account Executive, Finance Manager, etc|
When applying for the B.Com course, the students must know the eligibility criteria and the admission process. The documents which might be required for the admission procedure of B.Com Distance Education are referred to below:
IGNOU (Indira Gandhi National Open University) is possibly one of India's most well-respected universities. The college includes exceptionally gifted experts and an experienced group of personnel who helps in creating information, abilities, perspectives, and worth through unique and intelligent strategies for learning among the understudies. Students who wish to study B.Com in distance learning can also pursue it in IGNOU.
|1||IGNOU, New Delhi|
|2||Symbiosis Centre for Distance Learning, Pune|
|3||Sikkim Manipal University|
|4||IMT CDL, Ghaziabad|
|5||Madhya Pradesh Bhoj (Open) University|
|6||Dr BR Ambedkar Open University (BRAOU)|
|7||Netaji Subhas Open University (NSOU)|
|8||Maharshi Dayanand University (MDU)|
|9||Karnataka State Open University (KSOU)|
|10||Acharya Nagarjuna University (CDE)|
The B.Com course, also known as Bachelor of Commerce, is a three-year-long undergraduate program with several specializations. The course provides insight and understanding of a business's financial and commercial aspects.
There are many specialization courses under the umbrella of a B.Com degree, which makes the graduates of this course very employability oriented. The B.Com course is offered by most public and private colleges and universities in India, making the course a very accessible course. Listed below are some of the top specializations and B.Com courses list:
Other popular B.Com courses list is listed below:
|B.Com LLB||B.Com Hons|
|B.Com Computer Applications||B.Com Accounting and Finance|
|B.Com Finance||B.Com Professional|
|B.Com Co-operation||B.Com Corporate Secretaryship|
|B.Com Economics||B.Com Taxation|
|B.Com Computer Science||B.Com Information Technology|
|B.Com Management Studies||Distance B.Com|
There are several entrance exams for B.Com after class 12. The top 5 entrance exams for B.Com after the 12th are considered to get a clear idea about which entrance exams the students should appear. Some of the necessary entrance exams for B.Com are:
B.Com eligibility criteria for the entrance exams are entirely dependent on the conduction body. Hence it varies. Below listed are some of the similarities between popular B.Com entrance examinations.
The entrance exams conducted for B.Com include reasoning and knowledge-based questions to analyse the knowledge abilities of the aspirants. The test includes:
Top B.Com colleges in India and abroad offer B.Com degrees as more and more students prefer the degree course. Some of the very best colleges for B.Com in India are as follows:
|Sl.No||Name of the College|
|1||St. Xavier's College|
|2||Shri Ram College of Commerce|
|4||St Joseph's College of Commerce Autonomous|
|5||Lady Shri Ram College for Women|
|6||Management Development Institute|
|7||SP Jain Institute of Management & Research|
|8||Faculty of Management Studies|
|10||SVKM's Narsee Monjee Institute of Management Studies|
There are around 8,840 B.Com colleges in India, including private, government, and public/private.B.Com colleges in India offer courses at UG and PG levels. The average fees range from INR 2-4 LPA. Here are top colleges with NIRF Ranking:
|1||Shri Ram College of Commerce, Delhi|
|2||Lady Shri Ram college for Women, Delhi|
|3||Chandigarh University, Chandigarh|
|4||Loyola College, Chennai|
|5||Osmania University College for Women|
|6||Hindu College, Delhi|
|7||Jain University, Bangalore|
|8||Hans Raj College, Delhi|
|9||Kalinga University, Chhattisgarh|
Here are B.Com Top Colleges with India Today Ranking:
|India Today Rankings 2021||College Name|
|1||SRCC - Shri Ram College of Commerce|
|3||Lady Shri Ram College for Women|
|4||Hans Raj College|
|6||Madras Christian College, Chennai|
|7||Christ University, Bangalore|
|8||Ramjas College, Delhi|
|9||NM College of Commerce and Economics, Mumbai|
|10||Mithibai College of Commerce and Economics, Mumbai|
|11||St Joseph’s College of Commerce, Bengaluru|
|12||Atma Ram Sanatan Dharma College|
|13||Daulat Ram College, Delhi|
|14||Gargi College, Delhi|
|15||Indraprastha College for Women, Delhi|
Here are some top B.Com Colleges in Kolkata
|1||Goenka College of Commerce and Administration|
|2||JD Birla Institute|
|4||St. Xaviers College|
|5||Sister Nivedita University|
|6||Scottish Church College|
|7||Maulana Azad College|
Read More: Top B.Com Colleges in Kolkata
Here are some top B.Com Colleges in Pune
|1||Symbiosis College of Arts and Commerce|
|3||St. Mira’s College for Girls|
|6||ASM’S College of Commerce, Science and Information Technology|
|7||Abeda Inamdar Senior College|
Read More: Top B.Com Colleges in Pune
Here are some top B.Com Colleges in Bangalore
|2||St. Joseph’s College of Commerce|
|5||RR Group of Institutions|
|7||NMKRV College for Women|
|8||Don Bosco, Bangalore|
|9||Jyoti Nivas College|
Read More: Top B.Com Colleges in Bangalore
Here are some top B.Com Colleges in Mumbai
|1||St. Xavier’s College|
|2||Narsee Monjee College of Commerce and Economics|
|3||RA Podar College of Commerce and Economics|
|4||HR College of Commerce and Economics|
|6||Sydenham College of Commerce and Economics|
|7||KPB Hinduja College of Commerce|
|8||Mithibai College of Arts|
|9||KC College, Mumbai|
|10||Mulund College of Commerce|
Read More: Top B.Com Colleges in Mumbai
Top colleges for Commerce with the QS World Accounting and Finance Rankings 2020, college name, Location and Fee are mentioned below:
|QS World Accounting and Finance Colleges Rankings 2020||College Name||Location|
|1||Harvard University||United States|
|3||Stanford University||United States|
|4||London School of Economics and Political Science||United Kingdom|
|5||University of Oxford||United Kingdom|
The admission process that the student must follow to get a hassle-free admission to any foreign college is mentioned below:
Some of the basic eligibility criteria for admission in an Art School around the world are mentioned below:
The language requirements for studying abroad are mentioned below:
The basic expenses that a student undergoes when going overseas for studies are mentioned below:
|Type of Expense||Price (INR)|
|Visa Application Cost||6,347 - 38,500|
|IELTS Fees||14,000 - 18,000|
|TOEFL Fees||12,000 - 19,000|
|GRE Fees||14,350 - 17,300|
|Travel Costs||37800 - 1,05,000|
B.Com course fees range from 7.5K - 1 LPA, and it may even change depending on the facilities and services provided at the institute.
|College Name||Fees Per Annum|
|Jain University, Bangalore||INR 1.6 LPA|
|Chandigarh University, Chandigarh||INR 9.5 LPA|
|St. Joseph's College of Commerce, Bangalore||INR 1.3 LPA|
|St. Xaviers College, Jaipur||INR 63K|
|Jyoti Nivas College, Bangalore||INR 30K|
An integrated course combines two courses in one course that students can pursue after class 12. Integrated courses can be two bachelor-level courses combined or undergraduate courses combined with postgraduate courses. These courses provide a joint degree of two courses.
B.Com LLB is a dual degree integrated program that provides students with two separate degrees in two different fields. When LLB and B.Com are combined, the dual degree program opens up many job opportunities, such as litigating lawyers, judges, legal consultants, legal advisers, legal managers, and PO managers.
|Course||Bachelors of Commerce and Bachelor of Legislative Law|
|Course Type||Integrated Degree Course|
|Degree||B.Com + LLB|
|Course Duration||5 Years|
|Internship Period||15-20 Weeks|
|Course Mode||Full Time|
|Selection Process||Entrance Exam Based|
|Course Fee||INR 30,000 - INR 13.20 LPA|
|Field||Law and Commerce|
|Job Types||Public Prosecutor, Law Reporter, Advocate/Lawyer, Human Resource Manager, Assistant Advisor, Deputy Legal Advisor, Business Consultant, Attorney General, Law Officer, Management Accountant, etc.|
|Average Salary||INR 2.5 LPA - INR 50 LPA or Over (Naukari.com)|
Read More: B.Com LLB
The combination of a B.Com and a CA is one of the highest-paying careers in the world. The course requires time and commitment, and it improves students' status and expertise in the fields of business and finance, including audit, taxation, financial, and management. As one of the most regarded degrees, B.Com with CA graduates works in various industries.
|Course||Bachelors of Commerce and Chartered Accountancy|
|Course Type||Integrated Degree Course|
|Degree||B.Com + CA|
|Course Duration||2+3 Years|
|Internship||Mandatory 2.5 years|
|Course Mode||Full Time|
|Qualification||10+2 and for CPT for CA|
|Selection Process||Entrance Exam Based|
|Course Fee||INR 30,000 - INR 13.20 LPA|
|Field||Accounts,Law and Taxation|
|Job Types||Internal Auditing, Tax Auditing, Forensic Auditing, Career in Accounting and Finance, Taxation Advisory (Both Direct and Indirect), Statutory Audit under applicable statutes, Managing Treasury function|
|Average Salary||INR 8 LPA - INR 22 LPA or Over (Naukari.com)|
Read More: CA
Students who want to take both UG and PG courses can enrol in the B.Com MCom combined course, a 5-year program. Students in the B.Com-MCom Integrated program learn everything there is to know about finance, banking, accounting, insurance, and international business. Students can pursue the B.Com and MCom degrees individually.
|Course||Bachelors of Commerce and Master of Commerce|
|Course Type||Integrated Degree Course|
|Degree||B.Com + CA|
|Course Duration||3+2 Years|
|Course Mode||Full Time|
|Selection Process||Merit and University level Entrance exam|
|Course Fee||INR 30,000 - INR 2 LPA|
|Field||Accounts, Law and Taxation|
|Job Types||Government and Private Sectors, National Banks, Railways, Income Tax, Private Banks.|
|Average Salary||INR 3 LPA - INR 5 LPA or Over (Naukari.com)|
Read More: M.Com
B.Com with ACCA is a three- to four-year bachelor's degree program in commerce that includes six ACCA papers. Because the curriculum is already incorporated or entrenched in the B.Com syllabus, Aspirants can complete the ACCA Professional qualification with the B.Com+ACCA Integrated program.
The Association of Chartered Certified Accountants (ACCA) is a globally recognized qualification. Students pursuing a B.Com with ACCA will be exposed to all facets of commerce and business, including accounting, taxation, marketing, management, reporting, legislation, government compliance, and traditional B.Com studies.
|Course Level||Professional Level|
|Full-Form||Association of Certified Chartered Accountants|
|Duration||Varies with previous qualifications|
|Examination Type||13 exams with 7 years to pass all of them (at least 4 papers in one sitting)|
|Eligibility||18 years of age, 65% in Maths or Accounts, and 50% in all other subjects|
|Admission Process||Either Merit or Entrance Exam Based|
|Course Fee||INR 28,000 to 2LPA|
|Average Salary||INR 3.5 to 4 LPA (Naukri.com)|
|Top Recruiting Companies||PriceWaterhouseCoopers, Ernst and Young, Deloitte, KPMG, TATA Communications, Embassy Group, Grant Thornton|
|Job Positions||Accountant, Internal Auditor, Forensic Accountant, Compliance Officer, Business Analyst, Risk Manager, Treasurer, Insolvency Practitioner, Business Consultant, Chief Financial Officer, etc.|
The Syllabus and Subjects for B.Com are structured so that the aspirants get theoretical and practical knowledge about different subjects of the course. The B.Com course in India has various assignments, quizzes, presentations, and projects. The students are introduced to all major streams of finance and commerce, such as Financial Services, Banking, Business, Industry, Management, and many more.
The B.Com subjects first year primarily focus on the core and foundational concepts. These subjects play an important role in the student's understanding of the concepts. Second-year onwards the subjects start to differ due to the specialisation that the student chooses.
Some of the subjects of B.Com are:
Read More: B.Com Syllabus and Subjects
The answer to "Why choose B.Com?" can be made simpler by breaking it down to the following three questions:
Bachelor of Commerce (B.Com) is a 3-year undergraduate degree course that focuses on the skills and concepts possessed by the aspirants, which is very apt for them to seek greater knowledge of the subject choice. The important subjects of the course are banking, Labor relations, Logistics management, accounting and many more. The course has a wide variety of options available in topics, subjects and hob fields. The job scope for the course is also in good numbers and diverse fields. The graduates can get opportunities in the private and the public sector after graduation.
B.com degree is known for its in-depth knowledge of accounting and the field of commerce. Some of the various functions which are carried out by B.Com graduates are:
Research and Development: One of the primary jobs of B.Com graduates is in the research and development domain related to accounting and commerce. Throughout the course, the graduates will develop specific skills in research and development that will help them grow in their profession.
Teaching: Graduates of this course of B.Com expose the students to deep in-depth knowledge about various domains, which helps them pass the knowledge to the coming generations. And last but not least, teaching is one of the significant functions of a commerce graduate apart from research works.
B.Com 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. A B.Com degree can fetch graduates a rewarding job. Below are some of the reasons to apply for a B.Com:
Earning potential: The earning potential for the course is high. There is a broad scope for B.Com graduates to make good earnings in finance and various commercial sectors, so the career ahead is quite rewarding.
Job Versatility: From higher education to lucrative jobs, it helps aspirants provide versatile jobs in the professional world. Many industries prefer B.Com graduates as this course is related to accounting, finance, and other various commerce-related streams.
Read More: B.Com Job Opportunities and Scope
B.Com and B.Com Honors are the most popular options for students interested in pursuing a career in finance and management. After higher secondary exams, students find it challenging to determine the correct job route and which subject to pursue. A full comparison of the two streams is provided below to assist students.
|Duration||3 years||3 years|
|Course Objective||This course is for students who are looking forward to making a career in finance, accountancy and taxation||This course is designed for students interested in pursuing a career in finance, accounting, or taxation.|
|Eligibility Criteria||More than 50% in 10+2 with mathematics||More than 50% in 10+2 with mathematics|
|Job Opportunities||B.Com offers better job opportunities as compared to B.Com||Although there are a variety of career options after completing a B.Com, the odds of landing a good job are substantially better after completing an MBA.|
|Roles Offered||Following are some of the roles offered after B.Com: Accountant, Account Executive, Operations Manager, Chartered Accountant, Finance Analyst||Some of the roles offered to B.Com graduates are: Sales Executive, Office Executive, Research Assistant, Assistant Manager|
|Salary||INR 25,000 to 45,000 PA||INR 7,000 to 23,000 PA|
|Scope for Higher Studies||B.Com has a wider scope in fields like CA, CS, CMA etc to continue higher studies which will yield more as compared to B.Com||Pursuing MBA after B.Com|
Read More: B.Com (Hons.)
Below are some preparation tips for the B.Com course:
Time Management: Effective time management is a medicine for all those diseases related to lack of time in managing studies. A timetable should be formed by the students and followed with a dedication to score well in exams.
Practice a lot: Practice makes a man perfect. Therefore, developing a lot of practice and hard work will make the students expand their knowledge abilities.
Know the Syllabus: The syllabus regarding the course must be put in mind by the students ahead of time as it will help them concentrate on important key points, which will make it easier for them to prepare for the exams.
B.Com 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 B.Com are:
B.Com's salary package in India ranges from 4.42 LPA - 7 LPA. The salary paid to the graduates may vary depending on the experience and skills possessed by the graduates.
Read More: B.Com Salary
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.
Some of the very best career options after B.Com in the government sector are as follows:
Some of the very best career options after B.Com in the private sector are:
B.Com 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 professional.
Some of the skills possessed by B.Com graduates are:
Is there Mathematics in B.Com?
Mathematics is compulsory in B.Com. The course is based on accounting and finance for which Maths is necessary.
Can we take B.Com after 12th science?
Yes, you can opt for B.Com after pursuing Science in 12th standard. It is possible to change streams for science students.
What is the difference between B.Com and B.Com Honours?
The significant difference between B.Com and B.Com Honours lies in the fact that aspirants of B.Com Honours can opt for specializations and are taught each subject in greater detail than students of B.Com.
I didn't take any entrance examinations. For this course, one should score maximum marks.
The course admission is done in an easy way and the course is more valuable in every way of future dreams