Commerce in India:
In India, Many 10th Grade completed students take up commerce in their plus 2 or equivalent. Commerce stream is the study of trade and business activities such as exchange of goods and services from producer to the ultimate consumer. Commerce provides various subjects such as business studies, accountancy, economics etc. Many students study commerce as it provides a variety of career opportunities. Students can study more advanced commerce at the undergraduate and postgraduate levels.
At the undergraduate level, students can take up Bachelor of Commerce[Bcom]. Students are introduced to various managerial skills and competence in areas of business such as risk management, banking, advertising, computing, entrepreneurship, decision analysis etc. Generally, the duration of Bcom degree is 3 years. At the postgraduate degree, students can take up masters of commerce[Mcom]. The duration of MCom is 2 years. MCom is a unique course. Its concentration on one area distinguishes itself from other business and management degrees.
Commerce can be defined as "Commerce is that part of a business which is concerned with the exchange of goods and services and includes all those activities which directly or indirectly will facilitate that exchange."
The importance of commerce:
- Commerce tries to satisfy human wants- Human wants are unlimited. Commerce has made distribution and movement of goods possible from one part of the world to another.
- Commerce tries to increase the standard of living- Standard of living refers to the quality of life enjoyed by the society. People's standard of living improves when they consume more products and services. Commerce helps the society by meeting the needs of the people at the right time, right place and at the right price.
- Commerce links producers and consumers- Production of every product is meant for ultimate consumption. Commerce plays a big role in linking producers and consumers through wholesalers, retailers, and aids to trade such as transportation, warehousing, advertisements, Banking, Insurance etc. Consumers can get to know every detail of the product without a struggle. The manufacturers can easily find out the latest trends followed by the society by indulging in market research.
- Commerce generates employment opportunities- The growth of commerce. industries and trade have increased the growth of various sectors such as banking, transportation, warehousing etc. These sectors require being managed by people. Thus the development of commerce helps in increase in employment opportunities in a country.
- Commerce increases national income- In a developed country, manufacturing industries and commerce together accounts for more than 70% of the total national income.
- Commerce encourages international trade- With the help of transport and communication, companies can exchange their surplus commodities with other countries and earn foreign currency, which is required to import latest technologies and machines to ensure faster economic growth.
- Commerce benefits underdeveloped countries- Underdeveloped countries can import skilled labor and technical know-how from developed countries and developed countries can import raw materials from underdeveloped countries. This helps in industrialization in the underdeveloped countries.
Some documents needed to do an undergraduate degree in commerce in India:
- 10th and 12th marks card
- Character certificate
- Caste certificate
- ID proof of parents/guardians
Some documents needed to do a postgraduate degree in commerce in India:
- Any bachelors degree
- Migration Certificate (if applicable)
- Character certificate
- Entrance exam marks sheets of CAT, XAT, MAT may be required
Some of the top colleges with their respective courses offered:
| Colleges | Courses Offered | Placement Partners |
| Sri Ram College of Commerce, Delhi | BCom (Honors), MCom | Kotak Securities, Citi Bank, Deutsche Bank, Samsung, McKinsey |
| Lady Shriram College, Delhi | BCom (Honors), MCom | Mckinsey, Citi, Bloomberg |
| Christ College, Bangalore | BCom, BCom (Honors), MCom | Amazon Accenture, HP, IBM, Honeywell, Robert Bosch, Colgate, ITC Hotels, Tech Mahindra |
| Hansraj College, Delhi | BCom (Honors) | Deloitte, Wipro, EY, Zomato, Times Internet, Airtel |
| Sri Guru Gobind Singh College of Commerce, Delhi | BCom, BCom (Honors) | Yes Bank, Deloitte, EY, Airtel, Smartican, Zomato |
| Sri Venkateswara College, Delhi | BCom, BCom (Honors) | EY, Deloitte, KPMG, Axis Bank, Storehippo |
| Jesus and Mary College, Delhi | BCom (Honors) | Deloitte, Oberoi Hotels, Zomato, EY, Grant Thornton, KPMG |
| Ramjas College, Delhi | BCom, BCom (Honors), MCom | Barclays, ICICI Prudential, Wipro, TCS, Google |
| Stella Maris College, Chennai | BCom, MCom | Goldman Sachs, KPMG, Deloitte, Mckinsey, EY, Wipro, Google |
For a detailed list of top Colleges for commerce in India, please have a look at the list of colleges mentioned below.
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Getting a placement after completing your graduation from SRCC is a done thing. The roles that are offered are very varied which includes: Finan
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I haven't done any internship so far. But last year our placement cell declared a student getting Rs 1,00000 from her internship at KPMG. Many of the
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For internship also many companies comes for selection & provide PPO'S .Coming to the placements its best in Bangalore. TCS WIPRO INFY CG e
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Hindu college has it owns placement cell named " Disha" which take care of your placements at the end of your 3rd year.As far as the internship is c
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There are no campus placements after completing B.Sc in life sciences. Since it is a basic science course. Pursuing masters becomes essential in order
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There are lots of opportunities for the internship with a good stipend. Top brands like "Deloitte" and more companies come at the time of placement. T
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Mostly finance and marketing students are hired from our campus. Average salary per year is Rs 300000 and 80% of batch gets placed.
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there is an active placement cell in college which makes sure that all the deserving students are placed in decent companies before they graduate . av
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There are a lot of internship oppurtunities.We have a placement cell which assists us in getting the type of internship we want,all type
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PLACEMENT CELLJesus and Mary College was the first college in Delhi University to start a Placement Cell in 1998. Starting with one company, today th
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Ramjas is among the oldest colleges of DU. The faculty here is really good. The placement society of Ramjas, Enactus is really good. It provides exper
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I being part of the prestigious institution, the Indraprastha College for Women has given me many opportunities. In past, I have worked with India To
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The company usually ask for an internship experience. There are many companies that hire people from our college for core jobs like account, finance,
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Though internships were not available, it is the only college under C.U. that provides the placements of INR 2 lakhs to 3 lakhs per annum in reputed c
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- I haven't done any internship.- Placement goes very high in our camp college.
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Commenting on Alumni network at St Francis College, they have been guided with true confidence and will power that the faculties make students studyi
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It had worst campus placement program. No Companies had ever approached our college. However position may have changed now (Have no idea). No such net
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Internship options are provided to the students at Sri Bhagawan Mahaveer Jain CollegeAlumni network is very good in the collegeThe average sal
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Accounting companies which provide job to accountants visitorPlacement chances are not very high at GGDSDC
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Yes, we do a one-month internship in a multi speciality hospital but there is no stipend.
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I don't have any internship and stipend. I don't know about key companies and their roles and don't know salary figures and don't know alumni network.
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Basically, IT, Marketing, and sales companies hire the students for the internship. The average salary is INR 2.5 lakhs per annum.
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There are more than 20 reputed companies who offer campus interviews every year at Women's Christian College.The alumni of Women's Christian College
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Commerce Streams and Specialisations
B.Com
B.Com Computer ApplicationsB.Com Accounting and FinanceB.Com Corporate SecretaryshipB.Com Accountancy
M.Com M.Com FinanceM.Com Computer Applications
B.Com {Hons.}MFCDistance B.Com
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M.Com M.Com FinanceM.Com Computer Applications
B.Com {Hons.}MFCDistance B.Com
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Yes, I got the internship from being healthy Pvt Ltd. after having Recruitment tests.There are many companies comes in our college to hire the stude
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No, I haven't done any internships so far. Axis Bank, ICICI, Genpact, Capital IQ, Ernest & Young and much more. Marketing and finance are the key
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Through SCB, I've worked for 5 companies as an intern, there are good opportunities given here.Companies such as Amazon came to our SCB campu
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Amazon offers internship and other companie