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.
![Manav Rachna International Institute of Research and Studies, [MRIIRS] Faridabad](https://www.getmyuni.com/assets/images/college_background_new.png)
Manav Rachna International Institute of Research and Studies, [MRIIRS] Faridabad
Faridabad, Haryana
7 / 10 
Sponsored
Review :
There are multiple companies offering extremely high end jobs to graduates and post graduates. Wipro, Deloitte, E&Y were among the many who visit
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9/10
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The college is a label in itself. And the environment is such that the student is constantly motivated to join and apply for internships and placemen
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9/10
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Chandigarh University, Mohali is having a great placement record with upto 500 companies coming for placements in the current academic year with pack
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10/10
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Placements are good enough.But there are not suitable internships for Journalism students.
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1/10
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Christ holds quite a strong footing when it comes to internships and job placements. Students are required to compulsorily intern in their 4th Semest
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6/10
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The Disha Placement Cell of Hindu College invites company for placements and provides students with an oppurnuity to work. It also has an internship c
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9/10
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Internships can be done at various International organizations, NGOs, Government firms, govt ministries and think tanks. My internship was at Surana a
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7/10
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My college does provide a placement cell. All the top companies from all over the world select their candidates. There's a big scope for us. Our colle
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8/10
Interested
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I have not done any internship till now. Key companies that come to campuses are Goldman Sachs, EY, Decathlon, Google, and Kpmg. Average package
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7/10
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Companies like Ernst and young, kpmg and facebook visit the Sri Guru Gobind Singh College of Commerce campus for placements.The average salary
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7/10
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In SVC only students from few courses get job offers, Students from other courses either continue their studies or prepare for Competitive Exam. Most
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9/10
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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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8/10
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I haven't done any internship. Many of the students used to crack the IIT-JAM from our college. I don't know about the salary figures and the alumni
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10/10
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I interned with the Mental Health Foundation of India for a period of 45 days.The alumni network is very strong and they are often invited to be the
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10/10
Interested
Kristu Jayanti College of Management and Technology, [KJC] Bangalore
Bangalore / Bengaluru, Karnataka
8 / 10
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The internship is not compulsory at my college. Grand tartan, EY, Deloitte, KPMG, Mckinsey, MGH etc are the key companies.The average salary offered w
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6/10
Interested
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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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7/10
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There are multiple companies offering extremely high-end jobs to graduates and post graduates.Wipro, deloitte, E&Y were among the many who visit
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7/10
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No internship company comes till now in St Francis College.There is no particular company for statistics.
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3/10
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No, the stipend for master degree student in K J Somaiya College Of Science And Commerce is provided and ofcourse there is good placement cell.
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8/10
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As we are required to intern in the  final year, for which the college suggest us companies, and inturn provide us good experience.
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5/10
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Big companies regularly visit campus for recruitments. Mostly every student gets the job after graduation. The college authority provides complete ass
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10/10
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Infoysis, virtusa,wipro,Tcs,Cts , Earnest and Young(EY) are some of the companies which hire students on hire and the salary packages are nominal for
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8/10
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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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2/10
Interested
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
Read MoreM.Com M.Com FinanceM.Com Computer Applications
B.Com {Hons.}MFCDistance B.Com
Review :
I didn't do any internship. There are few companies that walk in for interviews. The average salary is around INR 1 lakh per annum.
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5/10
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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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10/10
Interested
Review :
So far I have done one virtual internship in which I have received my stipend of Rs. 2,000 and a certificate.There are companies coming to colleges
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10/10
Interested
Review :
Yes, mostly students get good internships. I did my internship in a start up in HR DEPT. My stipend was Rs 5000 per month plus incentives.Generally
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6/10
Interested
Degree: Bachelor of Commerce [B.Com]
Rank: 31