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.
![Lovely Professional University, [LPU] Jalandhar](https://www.getmyuni.com/assets/images/college_background_new.png)
Degree: Bachelor of Commerce [B.Com]
Duration: 2 year(s) 8 month(s)
Course Fees: Rs. 2.15 Lakh
Review :
LPU offers many companies for Internship and Placement. Top companies are ICICI, RBS, Jet Airways, Colgate, HDFC and much more with good package. Rit
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10/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 1 
Duration: 3 year(s)
Course Fees: Rs. 89,379
Review :
the companies that come to Shri Ram College of Commerce, [SRCC] New Delhi are as follows • Equity Research program from the Money Roller.
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10/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Duration: 3 year(s)
Course Fees: Rs. 4.63 Lakh
Review :
There are a lot of placement opportunities also but it completely depends on the skills of the person.
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9/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 2
Duration: 3 year(s)
Course Fees: Rs. 540
Review :
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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Degree: Bachelor of Commerce [B.Com] {Hons.}
Duration: 3 year(s)
Course Fees: Rs. 2.59 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
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7/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 3
Duration: 3 year(s)
Course Fees: Rs. 63,870
Review :
Exchange programs are conducted with colleges from the UK. However, not a lot of students get the chance to go abroad. Foreign students are welcomed
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9/10
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Review :
An internship will be provided to the student of the third year by the college itself. Mostly students from specialization of Finance, Marketing and H
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8/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 4
Duration: 3 year(s)
Course Fees: Rs. 54,600
Review :
Hans Raj is definitely one of the best colleges in the North Campus.The college has great placements. Big MNC’s like Ernst & Young (E&
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9/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Duration: 3 year(s)
Course Fees: Rs. 2.67 Lakh
Review :
One of a great university to provide placement especially technology department (B.tech-CS,ECE, MCA) and MBA, more than 250 companies come
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9/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 5
Duration: 3 year(s)
Course Fees: Rs. 3.93 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
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7/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Duration: 3 year(s)
Course Fees: Rs. 1.34 Lakh
Review :
Placements of Chandigarh Group of Colleges are quite good. Many companies visit the campus for hiring.
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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 6
Duration: 3 year(s)
Course Fees: Rs. 13,842
Review :
There exists a compulsory internship programme in the winter of the third year and it lasts a month. It is thoroughly audited. At the end of the seco
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8/10
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Degree: Bachelor of Commerce [B.Com]
Duration: 3 year(s)
Course Fees: Rs. 42,000
Review :
The internship is offered at the end of the 2nd year at Sandip University Key companies interested for hiring from Sandip University are related to sa
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5/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 7
Duration: 3 year(s)
Course Fees: Rs. 45,510
Review :
As i'm pursuing my !st year i don't have much idea about the placements.Internships are available at university level but not at the college level.
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6/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Duration: 3 year(s)
Course Fees: Rs. 1.35 Lakh
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Degree: Bachelor of Commerce [B.Com]
Rank: 8
Duration: 3 year(s)
Course Fees: Rs. 8,376
Review :
- I haven't done any internship.- Placement goes very high in our camp college.
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9/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 9
Duration: 3 year(s)
Course Fees: Rs. 1.18 Lakh
Review :
Answer1. Sorry I have never done it. Answer2. I think yes. But I have never seen it more Answer3. I don't know about the salary all. sorry . Answer4.
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10/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 11
Duration: 3 year(s)
Course Fees: Rs. 540
Review :
The placement cell of Atma Ram Sanatan Dharma College is quite active and helpful for final year students.There is an internship program for th
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8/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 12
Duration: 3 year(s)
Course Fees: Rs. 24,800
Review :
Placement is there several companies come for the placement here. Specially L&T, Infosys come for placement every year. The average package is INR
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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 13
Duration: 3 year(s)
Course Fees: Rs. 47,610
Review :
The Placement cell of Daulat Ram College aims at creating awareness of career opportunities available for the final year students of the college
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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 14
Duration: 3 year(s)
Course Fees: Rs. 88,935
Review :
I have done an internship at SPIN Technologies India Pvt Ltd for 2 months with a stipend INR 10,000 per month. All major companies come to our campus
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9/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 15
Duration: 3 year(s)
Course Fees: Rs. 27,825
Review :
All top Colleges of Delhi University hold a Placement Cell within the Campus. Gargi College being one of them is frequently visited by Good major
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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 16
Duration: 3 year(s)
Course Fees: Rs. 2.10 Lakh
Review :
College does not provide any internship you should do it on your own. ENY, jhonson and jhonson, coco cola, Asian paints and many other. Average salary
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9/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 17
Duration: 3 year(s)
Course Fees: Rs. 11,480
Review :
I have done an internship at a startup in a web development team.We have a separate placement cell in Deen Dayal Upadhyaya College.Many companies v
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5/10
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Review :
Companies do hire students from our campus for internship.The various sectors for internship are IT, Manufacturing, Finance and so on.A good
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9/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 19
Duration: 3 year(s)
Course Fees: Rs. 3,060
Review :
In Goenka College of Commerce and Business Administration average salary is 2-3 lakh per annum.Alumni network is quite good.
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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 20
Duration: 3 year(s)
Course Fees: Rs. 69,000
Review :
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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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 21
Duration: 3 year(s)
Course Fees: Rs. 90,000
Review :
Not yetInfosys, icici bank etc. comes for the placements.Average salary is Rs 3 lakhs per year it's average annual income.Decent alumini network.
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8/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 22
Duration: 3 year(s)
Course Fees: Rs. 1.32 Lakh
Review :
Yes, I have done an internship in the furniture industry as customer satisfaction for a month. Deloitte company. I have no idea about it. Alumni netwo
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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 23
Duration: 3 year(s)
Course Fees: Rs. 27,750
Review :
I have done content writing for a while and it was a really good experience but it was not paid.There are a numerous number of placement opportuniti
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8/10
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Degree: Bachelor of Commerce [B.Com] {Hons.}
Rank: 24
Duration: 3 year(s)
Course Fees: Rs. 30,000
Review :
Job scenario is decent.Everybody gets placed.Decent companies provide good campus placements mostly in the IT sector.
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5/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 25
Duration: 3 year(s)
Course Fees: Rs. 98,475
Review :
My key company is to become an Psychiatric Assistant Average salary is INR 1,60,000 Highest salary is INR 3,80,000
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10/10
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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 :
Currently, I have not been involved in the internship process but as per my seniors, they have been provided with the best opportunities.
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7/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 28
Duration: 3 year(s)
Course Fees: Rs. 12,404
Review :
I was working in an NGO and working in a firm right now named Gigijdia which provides internship for currently studying students. I want to do more in
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4/10
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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.
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9/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 30
Duration: 3 year(s)
Course Fees: Rs. 1.08 Lakh
Review :
I got a summer internships course in Engineering and nicely paid salary with good facilities
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8/10
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Degree: Bachelor of Commerce [B.Com]
Rank: 31
Duration: 3 year(s)
Course Fees: Rs. 30,000
Review :
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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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
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2/10
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Degree: Bachelor of Commerce [B.Com]