WHAT IS B.COM ?
Bachelor of Commerce (B.com) is a three-year undergraduate degree programme offered in full-time, distance learning, and online formats.The majority of commerce students enroll in a B.com course at the undergraduate level, making it the most popular subject in the commerce stream. Students have two alternatives when it comes to UG commerce courses: B.com and B.com (Honours).
The primary objective of the B.com graduate program is to provide education in the areas of commerce and finance. During this three-year degree course, candidates can also take elective subjects. Financial accounting, corporation tax, economics, company law, auditing, business management, and other topics are covered during the course of the B.com degree’s three years. B.com is the first step toward a profession in commerce, finance, accountancy, banking, or insurance. While preparing for Chartered Accountancy, Cost Accounting, and Company Secretaryship, several B.com students consider the course to be Plan B.
After completing B.com students can work in administration, education, advertising, journalism, mass communication, law, design, and other fields. A B.com graduate’s beginning pay ranges from Rs 3 lakh to Rs 4 lakh.
Eligibility Criteria for B.com
Unlike technical and vocational education, most Indian universities and colleges offer B.com degrees in both regular and distance learning formats. The following are the B.com eligibility requirements:
- The candidates needed to study commerce in class 11 and 12 with Accountancy, Economics, Business studies, Maths as an optional subject and the main subject will be English.
- For admission to the college applied to, the candidate must fulfil the minimal cut-off requirements.
- Each college/university’s cut off marks criterion may change depending on the college/university’s admission requirements for that year.
Factors Affecting the minimum cut off marks for admissions are :
- The highest score in commerce
- The total percentage of commerce in 12 standard
- The average score in commerce
- Minimum cut off marks for the last year etc.
Syllabus for B.com
The B.com course curriculum is divided into six semesters, and the following is a list of courses taught in each semester:
- B.COM Syllabus for Semester one :
- Environmental Studies
- Financial Accounting
- Business Organisation and Management
- Generic Elective : a) Principles of Microeconomics b) New Venture Planning
- B.COM Syllabus for Semester two :
- Business Laws
- Business Mathematics and Statistics
- Generic Elective: a) Principles of Macroeconomics b) Economics of Regulation of Domestic and Foreign market
- B.COM Syllabus for Semester three :
- Company Law
- Income Tax Laws
- Discipline-Specific Elective : (a) Indian Economy (b) Financial Markets and Institutions
- Skill based subject : (a) Banking & Insurance (b) Financial Analysis and Reporting
- B.COM Syllabus for Semester fourth :
1. Indirect Tax Laws
2. Corporate Accounting
3. Discipline-Specific Elective : (a) Human Resource Management (b) Industrial Laws
4. Skill Based Subject : (a) E-Commerce (b) Investing in Stock Markets
- B.COM Syllabus for Semester fifth :
- Auditing and Corporate Governance
- Cost Accounting
- Discipline-Specific Elective : (a) Principles of Marketing (b) Training and Development
4. Skill based subject : a) Computer Applications in Business (b) Advertising
- B.COM Syllabus for Semester sixth :
- Discipline-Specific Elective : (a) International Business (b) Consumer Affairs and Customer Care (c) Entrepreneurship & Small Busines (d) Organisational Behaviour (e) Indian Polity and Governance (f) Office Management and Secretarial Practice (g) Corporate Tax Planning (h) Fundamentals of Investment (i) Management Accounting
- Skill Based Subject : (a) Personal Selling and Salesmanship (b) Cyber Crimes and Laws
A B.com degree is no longer sufficient in today’s employment environment. Students must continue postgraduate studies in Commerce, Accounting, and Finance after obtaining the degree. MCom, MBA/PGDM, CA, CS, and other courses are good choices for B.com graduates. B.com graduates might also study for competitive examinations in order to get a job in the government. Those who desire to begin working immediately after completing the BCom course can obtain positions in accounting, commerce, banking and finance, and related fields at the junior level. They can also hunt for public sector work.
B.COM Job Profiles and Average Salaries :
- Jr Accountant Rs 1.85 lakh per annum and above
- Accountant Rs 2.25 lakh per annum and above
- Account Executive Rs 2.8 lakh per annum and above
- Business Executive Rs 3.2 lakh per annum and above
- Financial Analyst Rs 3.9 lakh per annum and above
- Tax Consultant Rs 4.9 lakh per annum and above
- Financial Consultant Rs 5.2 lakh per annum and above
- Accounts Manager Rs 6 lakh per annum and above
- Business Consultant Rs 9.5 lakh per annum and above
B.COM Top Recruiters :
- ICICI BANK
- MAX BUPA
There are many potential job recruiters in the market. It totally depends on your skill and talent which will decide the organization you will work with.
List of Top B.COM Colleges :
- IMI B.com College Indore
- Hansraj College Delhi
- Hindu College Delhi
- Loyola College Chennai
- St. Joseph’s College of Commerce Bangalore