BCom Course: Full Form, Course Details, Eligibility, Admission, Fees, Duration, Career
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BCom or Bachelor of Commerce, is a 3-year undergraduate degree that focuses on commerce and business. B.Com offers students a fundamental knowledge of Accounting, Corporate Tax, Economics, Company Law, Auditing, Business Management, etc. The B.Com subjects include topics like Financial Accounting, Business Mathematics and Statistics, Business Law, Management Accounting, Marketing Management, Income Tax, etc.
The BCom courses can be pursued in various formats such as classroom, online, and distance learning. It equips the students with the knowledge to apply for jobs in diverse industries like computer science, banking and insurance, taxation, finance, cooperation, accounting and finance, accountancy 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 Lakh, the fees vary depending on private and government colleges. The annual fee for BCom at LPU is INR 1.60 Lakh, whereas, the Lucknow University annual BCom fee is INR 9,000.
Table of Contents
- What is BCom Course All About?
- BCom Eligibility Criteria
- Why Choose BCom Courses?
- BCom Admission 2024
- BCom Entrance Exams
- BCom Specializations
- Top BCom Colleges in India with Fees
- Types of Bachelor of Commerce Courses
- Integrated BCom Courses
- BCom Syllabus and Subjects
- BCom vs BBA
- Career Options After BCom
- BCom Salary In India
- Courses After BCom
- Top 5 Cities to Pursue BCom Course
- BCom Scholarships
- Skills to Excel as a Bachelor of Commerce Graduate
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?
BCom stands for Bachelor of Commerce, a 3-year undergraduate degree that emphasizes the theoretical and practical understanding of business, administration of the exchange of goods and services, accounting to sales, and related fields. Candidates with a keen interest in banking, accounting, sales, finance and trade can pursue the BCom course.
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 according to Payscale.
BCom Eligibility Criteria
BCom admission requires a candidate to fulfil a certain set of parameters like entrance exam score, minimum percentage, additional certifications, etc. Below are the eligibility criteria for BCom courses:
- Admission for the BCom 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 enrol in BCom courses is 17-18 years.
Note: The eligibility criteria for BCom courses vary across colleges, specializations and entrance exams. Candidates must thoroughly check the official website of the respective college and entrance test before applying.
Why Choose BCom Courses?
Bachelor of Commerce is one of the more sought-after courses in the field of Commerce, as it teaches topics relevant to financial organizations, banks, businesses, and trading. Below are a few reasons that will provide you with an insight into why to choose BCom subjects:
- 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 BCom courses between 2015-16 to 2019-23 has been around 9.75.
Also Check: Difference Between BCom and BCA
BCom Admission 2024
The admission procedure for the Bachelor of Commerce subjects is done on a merit basis in colleges like Invertis University and based on entrance exams in colleges like LPU, Chandigarh University, etc. Listed below is the procedure to get admission for the BCom courses:
- Step 1: The students have to appear for entrance examinations like CUET, MHT CET, and LPU NEST to qualify for the BCom 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.
Read More: BCom Admission Process
BCom Entrance Exams
BCom admissions are conducted both based on entrance exam scores and merit basis. The entrance exams are conducted at national, state and institute levels to check student aptitude. The popular BCom entrance exams are listed below, along with application details:
|
BCom Entrance Exam |
Registration Dates 2024 |
Accepting College |
| February 27 - April 5, 2024 |
UPES, University of Allahabad, etc. |
|
| AIMA UGAT | January 4 - June 9, 2024 |
KR Mangalam University, IMTS Institute, etc. |
| MIT-WPU CET | May 17 - June 10, 2024 |
MIT-WPU |
| LPU NEST | August 1 - August 31, 2024 |
Lovely Professional University |
| CUCET |
Phase 1: Till July 30, 2024 Phase 2: July 30 - August 31, 2024 |
Chandigarh University |
| PUCET | March 27 - April 29, 2024 |
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 including Banking, Finance, Taxation and IT, which makes the graduates of this course very employability-oriented. Listed below are some of the top 6 BCom courses:
- BCom Banking and Insurance
- BCom Computer Applications
- BCom Taxation
- BCom Accountancy
- BCom Finance
- BCom Co-operation
Other popular BCom Specializations are given below:
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 Lakh, 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 Lakh.
The below list contains the top BCom colleges in India with annual fee breakdowns:
Top Government BCom Colleges in India
The following are some of the top government colleges in India for BCom courses:
|
Government BCom Colleges |
NIRF Ranking |
BCom Course Fees (1st Year) |
|
19 |
INR 29350 |
|
|
1 |
INR 55000 |
|
|
10 |
INR 24000 |
|
|
12 |
NIR 23850 |
|
|
21 |
INR 50000 |
|
|
89 |
INR 23500 |
|
|
9 |
INR 38920 - 42230 |
|
|
21 |
INR 1290 |
Top Private BCom Colleges in India
Here’s the list of top private colleges for BCom in India:
|
Private BCom Colleges |
NIRF Ranking 2024 |
Tuition Fees Per Year |
|
8 |
INR 37,950 |
|
|
14 |
INR 57,000 |
|
|
47 |
INR 23,594 |
|
|
20 |
INR 1.49 Lakh |
|
|
27 |
INR 1.60 Lakh |
|
|
46 |
INR 2.46 Lakh |
|
|
INR 20,000 |
||
|
75 |
INR 30,000 |
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 |
|
INR 3,000-1 Lakh |
|
|
INR 50,000-3 Lakh |
|
|
INR 50,000-2 Lakh |
|
|
INR 25,000-1.50 lakh |
|
|
INR 15,000-1.00 Lakh |
|
|
INR 12,000-1 Lakh |
|
|
INR 50,000-3 Lakh |
|
|
INR 8,000-60,000 |
|
|
INR 30,000-1 Lakh |
|
|
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 BCom course details are provided below:
|
Type |
Bachelor of Commerce Eligibility |
BCom Duration |
|
BCom 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 the reserved category |
3-5 Years |
Distance Bachelor of Commerce Courses
Below listed are 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 BCom 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 BCom 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 BCom
Online BCom Course
Below listed are important pointers regarding online BCom courses:
- The online BCom course can be pursued from top colleges like LPU, Jain Online University, Amity Online, etc.
- The course fees per year are 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 BCom 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 BCom course which can be in the following combinations:
BCom + LLB
Below listed are the important points regarding the integrated BCom LLB course:
- BCom 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 Lakh.
Read More: BCom + LLB
BCom + 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 BCom+ 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 Lakh.
- Students in the BCom+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 course 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 Lakh |
INR 10,000 - 3 Lakh |
|
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
Career Options After BCom
Many job opportunities are opened for the graduates after the course, both in the public and private sectors. The career after BCom is vast, and the jobs can differ according to the industry the graduates work in and the knowledge possessed by the aspirants.
Below is the list of top BCom job roles along with hiring companies and the average salary offered:
|
BCom Job Designations |
Job Description |
Hiring Companies |
|
Budget Analysts |
|
IQVIA, SK Finance, CGI Group, E&Y |
|
Cost Estimators |
|
Shell, L&T Power, Tata Motors, KPMG |
|
Business Operations Manager |
|
Accenture, HP, IBM, Cisco |
|
Tax Consultant |
|
E&Y, Deloitte, PWC, Infosys |
|
Accountant |
|
KPMG, Deloitte, Ernst & Young (E&Y), PwC, Infosys |
|
Auditor |
|
Deloitte, E&Y, PwC, KPMG, Infosys |
|
Financial Risk Manager |
|
JPMorgan Chase, Goldman Sachs, Morgan Stanley |
|
Retail Manager |
|
Walmart, Reliance Retail, Future Group |
|
Public Accountant |
|
Grant Thornton, BDO, RSM, Baker Tilly |
|
Financial Analyst |
|
Goldman Sachs, JPMorgan Chase, Accenture, Infosys |
|
Banking Officer |
|
HDFC Bank, ICICI Bank, State Bank of India (SBI) |
|
Marketing Coordinator |
|
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]
Read More: Best Career Options After BCom in India
BCom Salary In India
The average BCom course salary in India is INR 4 LPA, according to Payscale. Graduates after having three or more years of experience can earn in the 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:
Top 5 Cities to Pursue BCom Course
Below listed are the top 5 cities to pursue a BCom course based on top colleges, average living expense, top recruiters and average starting salary:
|
City |
Top Colleges Offering BCom Course |
Average Living Expense Per Month (INR) |
Average Starting Salary (INR) |
Top Recruiters |
|
Mumbai |
St. Xavier's College |
20,000 - 30,000 |
3 Lakh - 5 Lakh PA |
Tata Consultancy Services, HDFC Bank, ICICI Bank, etc. |
|
Delhi |
Ramjas College |
15,000 - 25,000 |
3 Lakh - 4.50 Lakh PA |
Ernst & Young, Genpact, etc. |
|
Bangalore |
Christ University |
15,000 - 25,000 |
2.50 Lakh - 4 Lakh PA |
Infosys, Goldman Sachs, Wipro, etc. |
|
Pune |
Symbiosis College of Arts and Commerce |
15,000 - 25,000 |
2.50 Lakh - 4 Lakh PA |
Bajaj Finance, Tech Mahindra, etc. |
|
Chennai |
Loyola College |
15,000 - 25,000 |
2.50 Lakh - 4 Lakh PA |
Cognizant, Sutherland Global Services, etc. |
BCom Scholarships
There are various scholarships provided to BCom students through government and private organizations. Below is a list of scholarships available to BCom students:
|
BCom 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 BCom., B.Sc., B.A., BCA, etc. Annual family income is below INR 6 Lakh. |
Up to INR 40,000 |
Read More: BCom Scholarships
Skills to Excel as a Bachelor of Commerce Graduate
BCom graduates must possess skills that can help them succeed in their professional careers. The skill sets can 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 B.Com [Bachelor of Commerce] Colleges
Top Commerce Entrance Exams
BCom Fee Structure
FAQs on BCom
Q: What is the BCom degree for?
A: BCom is a three-year undergraduate degree that provides in-depth insights into the intricacies of accounting, business operations and economy, banking, finance, and trading.
Q: Which BCom specialisation is the best under the BCom course?
A: Banking and Insurance, International Business, Economics and Computer Applications are some of the top specialisations students can pursue after option BCom.
Q: BCom or BBA, which is better?
A: BBA offers a complete business management education from a basic to advanced level. On the other hand, BCom provides strong knowledge in both technical and managerial aspects of business. The choice depends on the student's career goals.
Q: What are some top BCom jobs in 2024?
A: Financial Analysts, Accountants, Tax Consultants, Accounts Managers, and Sales and Marketing Managers are some of the most lucrative jobs after BCom in 2024.
Q: What are salaries after BCom in India?
A: The BCom salaries can be as high as INR 84 LPA and as low as INR 5 LPA. An Investment Banker earns an average annual salary of INR 13 LPA.
Q: How many years is the BCom course?
A: BCom is a three-year undergraduate course. The BCom syllabus is divided into six semesters, offering a solid understanding of the basic concepts of Business and Commerce.
Q: Can I pursue BCom without Maths?
A: It is a common belief that Maths is not compulsory to study a BCom course. Contrary to that, Mathematics is necessary to pursue BCom. However, it entirely depends on the eligibility criteria of the university.
Q: Is BCom difficult?
A: BCom can be considered challenging as it demands a solid understanding of accounting, economics, business administration, and finance. Moreover, the skills, academic background, and interests of the students also impact the pathway of the degree.
Q: Is BCom worth it in 2024?
A: Yes, BCom is a foundational course for many promising job opportunities. After the BCom course candidates can go on to become CA, CS or CMA.
Q: Is the Bcom course available online in 2024?
A: Yes, the BCom course can be pursued online. In 2024 many platforms, universities, and colleges offer online BCom to students. Some examples include Amity Online and IGNOU.
