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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The placement cell is very active and they have on boarded a lot of companies like Amazon, HP, Sapient Nitro, Directi, etc in a very short span of tim
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7/10
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Shri Ram College of Commerce has a separate Internship Cell called Internado which keeps on notifying and updating students about internship opportun
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10/10
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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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For a first year student, Summer Internship is a very important factor in building a good resume for placements. Christ University has many companies
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7/10
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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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Students have various jobs and Internship opportunity available. Reputed companies come to the campus for placements. The alumni network of Hansr
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9/10
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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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9/10
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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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7/10
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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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7/10
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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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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 have done an internship in department of physics,delhi university.Every year number of companies came to heir students from different courses incl
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8/10
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The campus placement cell of the college works efficiently enough to make sure that 90-95% ofthe students who apply for intership and placements do g
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9/10
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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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Internship facilities are provided to the students at Madras Christian College, [MCC] ChennaiMajor IT companies like Infotech Ltd, Wipro L
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8/10
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I have not done any internship. Placement is above good. Average package is INR 2 lakh to INR 7 lakh. Alumni network is average.
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10/10
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Placements from SOMAIYA campus is very great. I didn't have done any internships yet. But the salary range I got to know from my senior was INR 15000
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8/10
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Companies like KPMG, Deloitte, Accenture, Grand Thornton etc. are come for placement in Sri Bhagawan Mahaveer Jain College.Placement of this co
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6/10
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A 15-day on-site internship was conducted with H.D.F.C Bank. Placements from the B.B.A department were usually conducted by brands such as Google, S.B
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7/10
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More IT companies are land up in Ethiraj College for Women and the average package is 10k and the highest package is around 40k.
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5/10
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The scholarship for lower caste students And scholarship for exams qualifiers are available.
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2/10
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Scope of placement lies mostly in B.Com. Definitely, Hinduja is one of the best colleges if you’re interested in Commerce and you a
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8/10
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We actually don`t have any internship or placement through our college but they are trying but from our alumni, we got information that they got place
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4/10
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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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Generally companies came for full time placement of students like- greenthumbs, xecedeence, outlook, jcpl, outlook, indigo.And generaly students
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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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