This is the second most popular choice among students in India. Commerce stream leads towards some of the highest paying and respected jobs like investment banking, chartered accountant, company secretaries, accounts and financial advisor etc.
The three major subjects taught in commerce stream are economics, accountancy and business law or business study. The subjects offered by most commerce colleges include business economics, business law, accountancy, auditing, income tax, marketing, etc. Just like the above two streams, even in the commerce stream the student has to select six subjects including one compulsory language. If you are still confused, you can discover how to simplify this maze by putting the right doors at the right place. Like every other choice, all you need to do is look at the wider picture and take the decision keeping in mind your future aim and your past performance.
The minimum required eligibility for B Com courses is 50% marks in class 12 or equivalent examination.
During 3-year B Com degree, the aspirants will learn about general business principles, and at the same time, study core commerce subjects such as finance, economics, accounting, actuarial studies, business management, etc. The B Com course is the most popular and sought-after course by commerce students. The B Com Syllabus focuses on subjects such as Taxation, Economics, Accounts etc. B Com Honours Subjects are the most popular in the B Com course. Check: Commerce Courses
The average B Com fees range from INR 5,000 – 50,000. After a B Com degree students can expect job offers with minimum salary packages of INR 2,50,000 – 4,00,000 per annum. Students will be advised to prepare for higher education after B Com. Students go for degree courses and certificate courses after B Com. Courses after B Com include CFA, CA, CMA or degree courses like MBA, MCom etc.
|B Com Full Form||Bachelor of Commerce|
|B Com Duration||3 Years|
|B Com Admission Process||Entrance exam or Direct Admission|
|B Com Eligibility||Pass class 12 in any subject|
B Com is a 3-year Undergraduate program that focuses on subjects related to commerce, Economics, Business Law, Accountancy, Taxation and finance. B Com full-form is B.Com. Students get proper knowledge about Business, Tax, Accounts, along with the administration part at the basic stage. B Com is the base on which a lot can be built with further studies.
The B Com course is available in 3 categories which are B Com-General, B Com Honours, and B Com LLB. Both B Com General and B Com honors can be pursued from regular as well as B Com distance colleges.
Students after studying B Com get opportunities in the field of Finance and Banking. Many students get into sales after B Com which is also a lucrative career option. With experience, there is huge scope in the Sales department in all sectors. Students who want to stick to the finance or commerce stream will also find huge potential.
The Fintech market in India will reach INR 6.2 trillion by 2025 providing various opportunities who are in the Financial sector. Apart from the rising Fintech sector, there are Mutual Funds and Insurance which provide varied opportunities within the Financial space. Students with higher studies in Finance after completing BCom will have
The banking sector has a tight grip on the financial sector of India. The total assets held by banks is USD 2.4 Trillion in India. All these assets will be given in credit by the banks to the citizens of India. Banks need people from commerce backgrounds to efficiently manage them. In FY21, USD 1487 Billion was extended as credit and USD 2.06 Trillion was deposited in banks.
B.Com, like any other course, should be chosen carefully by the candidates to achieve the desired result. A B.Com degree is the stepping stone for candidates who want to pursue and excel in the Management or the commerce field.
B Com imparts the basic knowledge of the MCom course curriculum, thus making it a perfect choice for MCom aspirants.
Over the years, the demand for B.Com candidates has gone up in both government and private job sectors.
B Com Specialization List
B Com Accounting and Finance
B Com Corporate Secretaryship
B Com Banking Management
B Com Marketing
B Com E-Commerce
B Com Tax Procedure and Practice
B Com Computer Applications
B Com Accountancy
B Com Applied Economics
B Com Banking and Finance
B Com Banking and Insurance
B Com Financial Accounting
B Com Financial Markets
B Com Subjects depend on the specialization chosen by the student. B Com Accountancy is the most popular B Com course. 1 Year B Com Subjects are mainly pass subjects that are common for all. The honors subjects start from the second year.
|B Com Subjects: Semester I||B Com Subjects: Semester II|
|Environment and Public Health||Maths|
|Maths/ Computer||General Awareness 1 & 2|
|BComputer Applications and IT||-|
|B Com Subjects: Semester III||B Com Subjects: Semester IV|
|Income Tax Laws||Corporate accounting-II|
|Banking and Insurance||Elements of company Law-II|
|Financial Markets and Institutions||The Indian banking system and central banking|
|Indian Economy||Corporate accounting-II|
|Corporate Accounting-I||Elements of company Law-II|
|Business Communication||Managerial communication|
|-||The Indian banking system and central banking|
|-||Marketing Management Subjects|
|B Com Subjects: Semester V||B Com Subjects: Semester VI|
|Cost accounting||Advance accounting paper 2|
|Entrepreneurship||B Com Indirect Taxes paper 2|
|Marketing Management||Marketing Management|
|Banking & Financial systems||Contemporary Indian economics Issue and policies|
|Income Tax||Mercantile Law-II|
The Admission Process for B Com admissions involves various procedures at various institutions.
Direct Admissions: Direct admission for the B Com course takes place without any entrance exams. Students are admitted on the basis of their marks in class 12 board exams. The list is prepared after the boards exams release their results.
Entrance Exams: Some universities and colleges like Delhi University admit students to the B.Com course based on their marks in national or state-level entrance exams like IPU CET, DUET, BHU, etc.
As different colleges have different criteria, some of the common eligibility criteria for B Com admissions 2023 is mentioned below.
Candidates must have completed and passed class 12 or equivalent from a recognized board. The minimum percentage for B Com admission varies from college to college. Delhi University's cutoff for B Com admission ranges in the area of 99%, whereas, for some colleges, it can be a minimum of 45 percent. Students from any stream can apply for B Com admission but, a candidate can get preference over candidates from other streams if he/she/zee has completed 10+2 with Commerce.
Some colleges conduct entrance examinations for admissions to B Com. Candidates qualifying in B Com entrance exams are given admission based on marks secured in these examinations.