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)
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I didn't did any intern till now and Your company is my first job in my carrer.There are lot of companies and tie ups for our college and the major c
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8/10
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I didnt do any internship.A number of companies hire students from SRCC. Main companies are deutsche bank, samsung, google, nestle, ernst & youn
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9/10
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I am in the first year. I have not done any internship neither nor I have earned any stipends. Till now there is no law graduate batch from Manipal Un
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6/10
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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
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10/10
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Big companies like Google, Facebook, Amazon are regular recruiters. Many Indian brands like Mahindra, Reliance are also regular in recruiting. IT gian
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8/10
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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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8/10
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no placements as such for the arts departments, as mostly people go for higher studies, or prepare for the UPSC, and some other exams to join administ
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9/10
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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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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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I did internship in Emerson Innovation Center Pune and the stipend I received was of Rs.5000.Key companies who come for hiring are finance companies
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8/10
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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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Students took up live projects with various start ups from different industries and complemented their classroom learning. Overall a well rounded and
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8/10
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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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7/10
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The placement cell is quite active but focuses more on students from commerce background excluding a large section pursuing humanities. Companies part
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8/10
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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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7/10
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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
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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
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8/10
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MNC's like Deloitte, Unisys, L&T, KPMG, Wipro, ENY have recruited students from the last batch of 2016, with an average salary offered of INR 210
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9/10
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No, I have not done an internship as of yet. Manufacturing companies visit the campus. The average salary is around 75,000/-&n
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8/10
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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
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9/10
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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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6/10
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The placements are really good at Jain College. Almost all students get placed and the salary packages offers are also amazing. Many blog MNC's
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10/10
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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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In most of the b.com dept internship is compulsory but in one or two it is optional. The salary you will get vary from INR 1.5 lakhs to INR 4.5 lakhs
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8/10
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Top Commerce Colleges Offering Different Streams
Top B.Com Colleges
Top B.Com Computer Applications CollegesTop B.Com Accounting and Finance CollegesTop B.Com Corporate Secretaryship CollegesTop B.Com Accountancy Colleges
Top M.Com Colleges Top M.Com Finance CollegesTop M.Com Computer Applications Colleges
Top B.Com {Hons.} CollegesTop MFC CollegesTop Distance B.Com CollegesTop Advanced Diploma in Commerce CollegesTop Diploma in Commerce Colleges
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Top M.Com Colleges Top M.Com Finance CollegesTop M.Com Computer Applications Colleges
Top B.Com {Hons.} CollegesTop MFC CollegesTop Distance B.Com CollegesTop Advanced Diploma in Commerce CollegesTop Diploma in Commerce Colleges
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The average package is INR 6 lakh and the highest package is INR 11 lakh per annum. Alumni network is a good.
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5/10
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I haven't done any internship yet. Many reputed companies hire our students with the salary package of INR 16,000 to 25,000 per annum. Alumni network
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10/10
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No internships or stipends. There are a few companies which hire. Average salary up to INR 20k.
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2/10
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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
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Regarding my internsip i have work under boost u and other social media.The key comapnies which are coming to our college is business comapnies resl
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7/10
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I have not done any internship. placement is available on the campus. I don't know about the average package. Alumni network is good.
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10/10
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1. Many Internship offers come 2. Delloite Franklin Templeton ADP is among the companies who come to our campus. 3. Offered packages of INR 1.2 lakh t
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9/10
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Rank: 33 
Duration: 3 year(s)
Course Fees: Rs. 1.39 Lakh
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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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Placement CellIn order to facilitate the three major objectives of providing guidance and support in the areas of placements (and internships), caree
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9/10
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Rank: 35
Duration: 3 year(s)
Course Fees: Rs. 1.33 Lakh
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Every year companies come to our college to select students who have enrolled themselves in our E-Cell. Many students have got placements through&nbs
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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: 36