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.
![University of Petroleum and Energy Studies, [UPES] Dehradun](https://www.getmyuni.com/assets/images/college_background_new.png)
Degree: Bachelor of Commerce [B.Com] {Hons.}
Duration: 3 year(s)
Course Fees: Rs. 2.78 Lakh
Review :
I am presently doing my internship only in one of the reputed Govt. organizations IIRS/ISRO, Dept. of Space, Govt. of India, Dehradun. This internshi
Read More
7/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Duration: 3 year(s)
Course Fees: Rs. 3.81 Lakh
Review :
Major IT Companies come for Testing Domain at Manipal Academy of Higher Education, [MAHE] Manipal.The average salary is Rs. 4,00,000/- per annum.
Read More
8/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 1 
Duration: 3 year(s)
Course Fees: Rs. 89,379
Review :
I didnt do any internship.A number of companies hire students from SRCC. Main companies are deutsche bank, samsung, google, nestle, ernst & youn
Read More
9/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 2
Duration: 3 year(s)
Course Fees: Rs. 540
Review :
Hindu College maintains a very good rank in overall college rating which itself suggests about the placements.The big fours i.e. PWC, Deloitte, EY,
Read More
10/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 3
Duration: 3 year(s)
Course Fees: Rs. 63,870
Review :
The Placement Cell serves as an interface between the students and the Corporates. Apart from bringing a varied list of Recruiters to the campus , the
Read More
10/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 4
Duration: 3 year(s)
Course Fees: Rs. 54,600
Review :
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
Read More
5/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 5
Duration: 3 year(s)
Course Fees: Rs. 4.75 Lakh
Review :
I did an internship in my hometown Kolkata, at a company called Script Productions, where I was part of the organising team who had an event called "C
Read More
7/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 6
Duration: 3 year(s)
Course Fees: Rs. 13,842
Review :
Placements are provided by various top companies.There are no major international offers provided on the Campus.They are of higher repute hence dur
Read More
6/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 7
Duration: 3 year(s)
Course Fees: Rs. 45,510
Review :
Companies come for hiring people but that's not for all courses.Companies hire people from b.com like courses and they pay an average amount as star
Read More
10/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 8
Duration: 3 year(s)
Course Fees: Rs. 8,376
Review :
Internship facilities are provided to the students at Madras Christian College, [MCC] ChennaiMajor IT companies like Infotech Ltd, Wipro L
Read More
8/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 9
Duration: 3 year(s)
Course Fees: Rs. 1.18 Lakh
Review :
The college has excellent reputations among corporates and non-governmental organizations, News agencies like Reuters, The Hindu etc hire students fro
Read More
10/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 11
Duration: 3 year(s)
Course Fees: Rs. 540
Review :
There are many companies that hire from our campus. Some of these are KPMG Global Services, Indigo airlines, Ernst and Young etc.Average salary figu
Read More
9/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 12
Duration: 3 year(s)
Course Fees: Rs. 24,800
Review :
usiness (AACSB). It has been the proud winner of BMA award for Best B-school in 2008. Nestled in a 55 acre campus of Vidyavihar, diver
Read More
10/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 13
Duration: 3 year(s)
Course Fees: Rs. 47,610
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 14
Duration: 3 year(s)
Course Fees: Rs. 88,935
Review :
Internships can be done at various International organizations, NGOs, Government firms, govt ministries and think tanks. My internship was at Surana a
Read More
7/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 15
Duration: 3 year(s)
Course Fees: Rs. 27,825
Review :
internships and jobs are hardly offered to philosohy graduates , so we cant expect much from our college. Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Read More
8/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 16
Duration: 3 year(s)
Course Fees: Rs. 2.10 Lakh
Review :
I haven't applied for internships yet, but the college provides various opportunities. Average salary figures range from 40-60 k, I'm not totally sure
Read More
8/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 17
Duration: 3 year(s)
Course Fees: Rs. 11,480
Review :
As much as the academics of the college is good, the jobs and internships scenario is not pretty great. Most of the students look at outside sources t
Read More
8/10
Interested Compare
Review :
I have done unpaid internships. But I was part of a student-run organisation 'Navsankalp' ( Chandigarh) and also event management company 'Story creat
Read More
7/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 19
Duration: 3 year(s)
Course Fees: Rs. 3,060
Review :
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
Read More
7/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 20
Duration: 3 year(s)
Course Fees: Rs. 69,000
Review :
There is an active placement cell present in Sri Guru Gobind Singh College of Commerce which makes sure that all the deserving students are plac
Read More
9/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 21
Duration: 3 year(s)
Course Fees: Rs. 90,000
Review :
First thing there is no internship opportunity for BCA students Very few companies visit for campus placement that too with a very low profile job, le
Read More
1/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 22
Duration: 3 year(s)
Course Fees: Rs. 1.32 Lakh
Review :
- Internships of all sorts for all the department are put up on notice boards for anyone who might be interested.- Goldman Sachs and Ernest and Young
Read More
7/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 23
Duration: 3 year(s)
Course Fees: Rs. 27,750
Review :
Shivaji College has an active Placement Cell that coordinates not only the hiring activities of the students but organizes various developmental acti
Read More
9/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 24
Duration: 3 year(s)
Course Fees: Rs. 30,000
Review :
I would say the internships and placements are average in the college but to add it is the students who make these things. Last year, it was a big hi
Read More
5/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 25
Duration: 3 year(s)
Course Fees: Rs. 98,475
Review :
In viscom, we are offered to do 2 internships in the whole period of three years. My first internship was at Rajasthan Patrika-National Hindi daily ne
Read More
8/10
Interested Compare
Kishinchand Chellaram College of Arts, Commerce & Science, [KCCACS] Mumbai
Mumbai, Maharashtra
8 / 10
Degree: Bachelor of Commerce [B.Com]
Rank: 27
Duration: 3 year(s)
Course Fees: Rs. 12,660
Review :
Alumni network is goodI haven't done any internshipDon't know about salaryNo idea about campus selection
Read More
5/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 28
Duration: 3 year(s)
Course Fees: Rs. 12,404
Review :
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
Read More
9/10
Interested Compare
Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 29
Duration: 3 year(s)
Course Fees: Rs. 1.39 Lakh
Review :
Students are sent for internship during their 6th semester for a month in various companies.
Read More
9/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 30
Duration: 3 year(s)
Course Fees: Rs. 1.08 Lakh
Review :
Placements are quite good and almost 70% of the strength will be placed for sure. Internship opportunities are huge and everyone can utilize the Inter
Read More
8/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 31
Duration: 3 year(s)
Course Fees: Rs. 30,000
Review :
Students at Francis intern at places like Amazon, Synchrony, Red FM etc. Due to the high goodwill of the college, students get easy placements. Alumni
Read More
9/10
Interested Compare
Review :
My college does not offer professional courses and hence there are few campus placements. (This year it had started MBA program). Alumni are regularly
Read More
2/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 33
Duration: 3 year(s)
Course Fees: Rs. 1.58 Lakh
Review :
I haven't done any internship but there are many companies come to our campus to offer a job to students. Companies that likely to visit is IT, animat
Read More
5/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 34
Duration: 3 year(s)
Course Fees: Rs. 88,935
Review :
Many companies do visit our college for this course, like CTS, WIPRO, INFOSYS, DELOITTE, VERIZON etc,Internships are not mandatory.
Read More
9/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 35
Duration: 3 year(s)
Course Fees: Rs. 16,635
Review :
There are good internships available for the students in great research institutes such as BARC, TIFR etc. In the science section.Placement cell is
Read More
10/10
Interested Compare
Degree: Bachelor of Commerce [B.Com]
Rank: 36
Duration: 3 year(s)
Course Fees: Rs. 540
Review :
Internships and job offers are not that goodI don't have that much knowledge about this as i haven't done any internship or jobsAs much as I know t
Read More
9/10
Interested Compare