B.Com. (Bachelor of Commerce)

B.Com or Bachelor of Commerce is a three-year college course with separate training modes. It is the second most mainstream course. Under B.Com, there are three most popular courses, to be specific B.Com or B.Com-General, B.Com (Honors), and B.Com LLB. The B.Com or B.Com-General is known as B.Com-Pass by many of the universities.

In the B.Com course, students will mainly focus on the business and account fields. In the three-year course, the students will study elective subjects as well. The program includes six semesters during which the students can study subjects like corporate assessment, financial matters, organization law, evaluating, business, and more.

B.Com is the best study for graduates who desire to gain knowledge in accounting, financing, insurance, and banking. B.Com is also suitable for the candidates who wish to study Chartered Accountancy, Cost Accounting, and Company Secretary-ship.

Most of the colleges or institutions in India that offer B.Com courses are affiliated by National Assessment and Accreditation Council (NAAC), or University Grants Commission (UGC).

After completing B.Com (Bachelor of Commerce), students can work as a cost accountant, monetary examiner, administrator, portfolio manager and more. The graduates can work in different fields like business, banking, account, and many related fields. They can also clear government entrance exams related to the commerce field and avail jobs or do higher studies.

Why is a B.Com Degree beneficial?

Students who study B.Com can avail more job opportunities. Some of the fields that offer job opportunities for B.Com graduates are as follows.

• Banking,

• Organization Secretary,

• Contracted Accountancy,

• Finance,

• Cost Work and Accountancy,

• Stock Broking,

• Agrarian Economics.

Specializations

B.Com Accountancy: The course puts a substantial accentuation on creating systematic skills and offers a strong establishment in all parts of the accountant field.

B.Com Banking Management: The course intends to prepare experts who can deal with different monetary exercises and work productively in the Banking field.

B.Com E-Commerce: The course lets graduates with excellent learning in online strategic approaches to business. The course incorporates segments of study, for example, Cost Accountancy, Economics, Finance, Information Science, and International Business.

B.Com Economics: The course develops various skills in students like solving any kind of financial issues, and enhancing knowledge in supply and demand analysis.

B.Com Taxation: The course lets graduates avail expert capability in tax collection, and a strong base in the field of Taxation, Finance, and Accounting.

Affiliation 

The colleges or institutions that offer the M.B.A. program are affiliated by:

• All India Council for Technical Education (A.I.C.T.E.),
• University Grants Commission (U.G.C.),
• National Board of Accreditation (N.B.A.),
• National Assessment and Accreditation Council (N.A.A.C.).

Eligibility Criteria

Qualification criteria for pursuing the B.Com course varies based on the colleges or institutions students desire to study. Eligibility criteria to avail admission for the B.Com course in most of the colleges are as follows.

• The candidate who completes class 12 from a recognized board with economics, business studies, or accountancy as their major subjects are eligible to pursue the B.Com course.

• The candidate should meet the cut-off criteria for admission into the desired college or institute.

The cut-off mark varies depending on the college or institution students choose to study.

Admission Process

Some of the colleges will provide admission based on the scores in the merit list. And, some of the reputed colleges will accept entrance exam scores for providing admission. There are also some colleges that conduct their entrance exams for admission.

Entrance Exams

Here are some entrance exams that are conducted to offer admission to study B.Com.

• IPU CET: Indraprastha University Common Entrance Test is conducted in the May month for admission into Indraprastha University. Candidates who prepare for the exam can concentrate on Communication and Management aptitudes, business GK and relational abilities.

• DU JAT: Delhi University Entrance Test is directed by the National Testing Agency (NTA) for getting admission to the courses offered by the Delhi University. The exam commences in June of every year.

• NPAT UG: NMIMS Programs After Twelfth entrance exam is held for getting admission into the schools of Narsee Monjee Institute of Management Studies (NMIMS) University.

• CUCET: The entrance exam is conducted to provide admission for B.Com courses in the Christ University.

Job opportunities After B.Com

Some of the job roles of the B.Com graduates are as follows.

• Bookkeeper Executive.

• Duty Auditor.

• Account Manager.

• Cost Accountant.

• Account Analyst.

• Account Planner.

• Portfolio Manager.

• Analyst

• Business analyst.

• Speculation Analyst.

• Account Controller.

• Account Consultant.

• Stock Broker.

• Duty Consultant.

• Reviewer

Popular companies that hire B.Com graduates

• HDFC

• Deloitte

• TFC

• Ernest & Young.

• Citibank

• Pricewaterhouse Cooper.

Salary of the B.Com graduates

B.Com graduates can earn around INR 4.44 Lakhs. The salary of the candidates varies depending on the field they work in. 

Best Career Options After B.Com

• Masters of Business Administration (MBA) - MBA is one of the most popular courses that can be studied after completing B.Com. In this course, candidates can learn how to deal with various parts of the business.

• Contracted Accountancy (CA) - Career opportunities after completing CA are huge.

• Organization Secretary (CS) - The organization secretary study includes the investigation of law in the corporate field.

• Masters of Commerce (M.Com) -M.Com is the ace's course in business. The course duration is 2 years.

Frequently Asked Questions

Candidates should have completed class 12 in any relevant fields like commerce or accountancy to pursue the B.Com course.

Q2. What are the job profiles of a B.Com graduate?

Graduates can work as a Chartered Accountant, Financial Analyst, Accounts Manager, Business Consultant, Tax Consultant, Business Executive, Financial Consultant.

Q3. What are the courses I can study after completing B.com?

B.Com graduates can study some of the popular courses like CA, CS and MBA.

Q4. What is the career scope of the B.Com graduates in India?

There are several job opportunities for B.Com graduates in various fields in India.

Q5. What are the various specializations in B.Com?

Some of the popular specializations in the B.Com study are : B.Com Accountancy, B.Com Banking Management, B.Com E-Commerce, B.Com Economics.