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 lakhs - 8 lakhs 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

B.Com Course:

Bachelor of Commerce course, abbreviated as B.Com, is an undergraduate academic degree awarded for a course or program in Commerce. The duration of the B.Com is 3 years in India, divided into 6 distinct semesters. The B.Com courses list includes Marketing, Human Resource, Finance specialization as the subjects of study.

The program is designed and guided by competent accounting professionals to groom the aspirants in order 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 B.Com students. The job opportunities for graduates of B.Com course are immense and the scope of employability is lucrative at the very least. The arenas of employment after B.Com course are 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 B.Com Course?

What is B.Com

The B.Com course or Bachelor of Commerce course is an undergraduate course in the field of commerce, the duration of which is usually 3 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 course is designed to strive 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 lucrative 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?

Why choose B.Com?

B.Com provides a wide scope of employability 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 practising Chartered Accountants. As a result, Chartered Accountants (CA) are invaluable to an organisation. A qualified Chartered Accountant also enjoys the options of joining the Government Service, Public Sector Undertakings or taking up lucrative assignments 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.

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 for the purpose of granting admission to the students:

  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:

B.Com Subjects:

The following subjects are pursued in the 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 nation.

  • Auditing
  • Accounting
  • Actuarial Science
  • Business System Analysis
  • Business Economics
  • Banking
  • Communication
  • Computers & Management Information Systems
  • Decision Analysis
  • Economics
  • Econometrics
  • Electronic Commerce
  • Entrepreneurship
  • Finance & Financial Markets
  • Government
  • HR
  • 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 B.Com ranges from INR 50000 to INR 70000 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 B.Com course is tabulated below. While some colleges follow curricula 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:

Eligibility Criteria for B.Com

Students who have pursued Commerce/ Science with Maths in 10+2 are eligible to apply for B.Com course. However. the candidate must fulfil the minimum required percentage of 50%. This varies from college to college.

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) ₹ 56,055
 
₹ 24,150 (Average Fee)
Private Colleges
₹ 540 (Minimum Fee) (Maximum Fee) ₹ 1.50 Lakh
 
₹ 75,000 (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

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

Diya
Bachelor of Commerce [B.Com], batch of 2018
Eligibility Criteria and Admission Process
8/10

The main criteria of getting admission in Banasthali Vidyapith is the percentage of 12th standard. Banasthali vidyapith is a women's university which focus on the overall development of the women. This is no such entrance examination but the students are admitted on the percentage score of 10+2 results.

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Anandu
Bachelor of Commerce [B.Com] (Taxation), batch of 2018
Eligibility Criteria and Admission Process
7/10

The eligibility criteria were to pass 10th and 12th irrespective of whichever stream you have presumed in 12th. No entrance exams it was purely based on the marks scored in 12th class. No cutoffs.

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Sushant
Bachelor of Commerce [B.Com], batch of 2019
Eligibility Criteria and Admission Process
4/10

There are no eligibility criteria for admission. There is no entrance exam. There is no cutoff. 

 

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