B.Com Finance: Course Details, Eligibility, Fees, Admission

Duration

3 Years

Average Fees

INR 5K - 70K Per Annum

Rahil Ahmed

Updated on Jan 4, 2023 by Rahil Ahmed

Rahil Ahmed

Updated on Jan 4, 2023 by Rahil Ahmed

B.Com in Finance is a 3-year undergraduate degree that deals with the study of security analysis, derivatives markets, financial management, risk management, and many more. The main aim of the course is to train the students both in theoretical and practical aspects of team spirit and good communication and interpersonal skills to deal with financial problems in the financial world. There are a million job opportunities open for the graduates of B.Com Finance in the finance sector, and even the graduates are preferred everywhere, including private and public sectors.

B.Com Finance Course Details

Degree Bachelors
Full Form Bachelor of Commerce in Finance
Duration 3 Years
Age Minimum 17 years of age
Subjects Required 10+2 from a Recognized Educational Board
Minimum Percentage 50%
Average Fees INR 5K - 70K Per Annum
Similar Options of Study B.Com (Corporate Secretaryship), B.Com (Accountancy) etc
Average Salary INR 4.4 LPA
Employment Roles Accountant, Operations Manager, Lecturer, Financial Analyst, Finance Manager, Account Executive, Executive Assistant, Accountant, Accounts Assistant, SAP Consultant etc.

About B.Com Finance

Investopedia defines Finance as "a term for matters regarding the management, creation, and study of money and investments. Finance can be broadly divided into three categories as Public finance, Corporate finance, and Personal finance. In addition, there are many other specific categories in finance, such as behavioral finance, which aims to identify the cognitive reasons behind financial decisions."

B.Com Finance duration is three years and is divided into six semesters. The important subjects of the course are financial accounting, business law, customer relationship, organization behavior, and many more. The course has a vast job scope in the private and public sectors of the organizations. The job responsibilities of the course are concerned with research, teaching, and management related to finance.

Table of Contents

Eligibility Criteria for B.Com Finance

Admission for the B.Com Finance course 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, the students who want to pursue B.Com Finance have to clear the standard entrance examinations with good scores from any reputed institute to get B.Com Finance admission. Along with it, the age criteria for joining the course is 17. That is, the students must have crossed the age of 17 to apply for the course.

Admission Process for B.Com Finance

The admission procedure for the B.Com course in Finance is done through merit-based and management-based. Aspirants must satisfy the minimum eligibility criteria, a combination of marks scored and entrance exam scores. The course falls under the umbrella of B.Com and therefore the admission process does not change drastically for the students. Listed below are the procedure to get admission for B.Com Finance:

How to Apply

Admissions for the Bachelor of Commerce Finance course are carried out either from the college premises or taken online. The admission process is strictly merit and entrance-based. The aspirants who want to pursue the course can apply for the course by downloading an admission form which is available online. Before getting entry to the program, the universities administer counselling, interviews, group discussions, and many more.

Selection Process

Scores obtained in the entrance exams and marks scored in 12th/10th are considered to avail the admission. After an interview conducted by the university side, the aspirants are allocated seats based on various eligibility criteria fulfilled by the aspirants. The procedure for admission is solely dependent on the institute or college offering the B.Com Finance course. After that, the cut-off marks to ensure admissions to the students have been proposed by the university or college providing admissions.

There are several entrance exams for B.Com Finance which the aspirants can appear for. The top 5 entrance exams for B.Com with Finance after the 12th are considered to get a clear idea about which entrance exams the students should appear for. Some of the necessary entrance exams for B.Com Finance are:

A Quick Glance At The B.Com Finance Entrance Exams

B.Com Finance eligibility criteria for the entrance exams will be entirely dependent on the conduction body. Hence it varies accordingly. Below listed are some of the similarities between popular entrance examinations.

The entrance exams conducted for B.Com Finance include various sections such as reasoning and knowledge-based questions to trigger the knowledge abilities of the aspirants. The test includes:

  • Multiple choice questions are there
  • The exam is conducted both in English and Hindi, and the exam lasts for 2 hours
  • Most of the questions in the entrance exams are related to current affairs related to finance and commerce
  • The majority of the questions were asked from economics, basics of finance, and commerce.

Top 10 B.Com Finance Colleges in India

Top B.Com Finance colleges in India and abroad offer the degree course as more and more students prefer the degree. Some of the very best colleges for B.Com Finance in India are:

B.Com Finance Colleges in India

Sl.No.

Name of the College

1

AKI’s Poorna college of Arts & Commerce, Pune

2

Jain University

3

K J Somaiya College of Commerce

4

KPB Hinduja College of Arts and Commerce

5

St. Xavier’s College Mumbai

6

Christ University

7

Symbiosis College of Arts and Commerce

8

Stella Mary's College Chennai

9

HR College of Commerce and Economics

10

Sri Venkateswara College

Fee Structure for B.Com Finance

B.Com Finance fees range from 5 K- 70 K per annum, and it may even change depending on the facilities and services provided at the institute.

B.Com Finance Fees Structure

College Name

Fees Per Annum

St. Joseph’s College, Calicut

INR 70K

Guru Nanak College, Chennai

INR 60K

AIMS Institute, Bangalore

INR 50K

Symbiosis College of Arts and Commerce, Pune

INR 25K

Christ University, Bangalore

INR 96K

Syllabus and Subjects for B.Com Finance

The syllabus and subjects for B.Com Finance are structured so that the aspirants get theoretical and practical knowledge about various subjects of the course. The B.Com Finance 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 accounting, management accounting, taxation of financial services, etc.

Some of the subjects in B.Com Finance are:

  • Financial Management
  • Universal Banking
  • Customer Relationship
  • Organization Behaviour
  • Financial markets

Read More about B.Com Finance Syllabus and Subjects

Why Choose B.Com Finance?

The answer to "Why Choose B.Com Finance?" can be made simpler by listing down the following questions:

What Is B.Com Finance All About?

Bachelor of Commerce in Finance is a 3-year undergraduate course that focuses on the skills and concepts possessed by the aspirants, which is very well apt for them to seek greater knowledge of the subject choice. The important subjects of the course are principles of management, Financial accounting, effective communication, business law, customer relationship, and many more. The course has a very wide variety of options available in topics, subjects and job fields. The graduates can get opportunities in the private and public sectors after graduation. The job scope for B.Com Finance is in diverse fields such as banking, finance, accounting, and many more.

What Does a B.Com Finance Professional Do?

B.Com Finance is known for its in-depth knowledge about finance and in the other fields of commerce. Some of the various functions which is been carried out by the B.Com Finance graduates are:

Research and Development: One of the primary jobs of B.Com Finance graduates is in the research and development domain, which is related to finance and in the other fields of commerce. Throughout this course, the graduates will develop certain skills in research and development that will help them grow in their profession.

Teaching: Graduates of B.Com Finance make the students get exposed to deep in-depth knowledge about various domains related to the course, which helps them pass the knowledge to the coming generations. And last but not the least, teaching apart from research works is one of the significant functions of a commerce graduate.

Reasons Why B.Com Finance Can Fetch You a Rewarding Career

Earning potential: The earning potential for the course of B.Com Finance is high. There is a wide scope for the graduates to make good earnings in finance and various commercial sectors, and that's why the career ahead for the graduates on this course is quite rewarding for them.

Job Versatility: From higher education to actual workspace, it helps aspirants, owing them to provide versatile jobs in the professional world to help them grow. There are many wide ranges of industries that specifically prefer B.Com Finance graduates as this course is related to accounting, finance, and other various commerce-related streams.

Read More about B.Com Finance Jobs

Preparation Tips For B.Com Finance

Time Management: Effective time management in every sector of study and work is mandatory for the graduates in dealing with the issue of shortage of time. Students should form a timetable themselves before the exams and follow them with a dedication to score well in the exams.

Practice a lot: Practice makes everyone perfect. It's the only way which will lead the students to prosperity. Therefore, developing a lot of practice and hard work will allow the students to expand their knowledge abilities.

Know the Syllabus: Knowing the syllabus well before the exams is very important. The syllabus regarding the course must be planned by the students ahead of time as it will make them concentrate on various important key points, which will be much easier for the students to prepare well for the exams.

Scope for Higher Education

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

Salary of a B.Com Finance Graduate

B.Com Finance salary package in India ranges from 4.5 LPA - 7 LPA. The salary paid to the graduates may even vary depending on the experience and skills possessed by the graduates.

Read More about B.Com Finance Salary

Career Options After B.Com Finance

Many job opportunities are opened for the graduates after the course both in the public and private sectors. The career after B.Com Finance 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 Finance in the government sector are:

  • Accountant
  • Executive Assistant
  • Operations Manager
  • Senior Accountant
  • Senior Accountant

Some of the very best career options after B.Com Finance in the private sector are:

  • Credit Analyst
  • Financial Manager
  • Junior Accountant
  • Financial Analyst
  • Investment Analyst

Skills That Makes You The Best B.Com Finance Graduate

B.Com Finance graduates must possess specific skills that will help them succeed in their professional career. The skill sets will help the graduates in terms of academics and help them evolve as the best working professional.

Some of the skills possessed by B.Com Finance graduates are:

  • Communication Skills
  • Analytical Thinking skills
  • Research Skills
  • Problem Solving Skills
  • Time Management
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