Bachelor of Commerce Course Details
The full form of BCom is Bachelor of Commerce. B.Com is a three-year UG degree course recognised by the Universities Grants Commission (UGC). Students can pursue B.Com programmes as full-time BCom, Distance BCom, or Online BCom. BCom courses are one of the most popular courses amongst the Class 12 graduates with the Commerce stream. According to a survey report, with nearly 9.33 lakh enrolment, BCom has been the third most desired course in India after Class 12.
Candidates can also pursue BCom (Honours) if they wish for in-depth knowledge in the Commerce stream. The Honours course is designed to offer knowledge in specialised subjects; while the general BCom course focuses on an overview of all the subjects under the umbrella of the Commerce stream. Apart from BCom General or BCom Hons, several universities offer integrated B.Com courses; BCom LLB, BCom MBA, and BCom CMA are a few of the integrated courses on offer. The three-year BCom course is divided into six semesters. Students pursuing the course can choose elective subjects of their choice in some semesters.
BCom Subjects include Financial Accounting, Business Laws, Economics, Taxation, Auditing, and Cost Accounting, among others. With a BCom degree, one gets an option to start a career in related fields such as Finance, Accounting, Banking, Insurance, etc. The average starting salary of a BCom graduate is INR 3 LPA. Besides BCom, a major chunk of students passing Class 12 with Commerce stream aspire for Chartered Accountancy, Company Secretaryship, and Cost Accounting. After completion of the BCom course from a recognised institute, one can go for courses in Teaching, Advertising, Journalism, Mass Communication, Design, Law, etc.
What are the Core B.Com Subjects?
The B.Com Syllabus subjects help students understand the basics of accounting, business, management, economics etc. The semester-wise syllabus of the BCom course is mentioned below:
B.Com 1st Year Subjects
- Environmental Studies
- Language
- Financial Accounting
- Business Laws
- Business Organization and Management
- Business Mathematics and Statistics
- English Language
- Hindi or Modern Indian Language
B.Com 2nd Year Subjects
- Company Law
- Business Communication
- Income tax laws
- Cost Accounting
- Hindi or Modern Indian Language
- Corporate Accounting
- Computer Applications in Business
- Cyber Crime & Laws
- E-Commerce
- Investing in Stock Markets
B.Com 3rd Year Subjects
- Banking and Insurance
- Management Accounting
- Computerized Accounting System
- Human Resource Management
- Auditing and Corporate Governance
What is B.Com Full Form?
B.Com from Bachelor of Commerce is one of the most sought-after undergraduate degree programmes opted for by the students of the commerce stream after qualifying their 10+2. Students can specialise in various fields of commerce and business, such as finance, marketing, human resources, accounting, and international business.
B.Com Course Fees Structure
BCom fees differ based on several factors, such as the B.Com course that students have opted for, and the types of B.Com colleges. Before applying to a B.Com course in particular B.Com colleges, students should check the BCom course details. The average BCom course fee is Rs. Rs. 10,000 to Rs. 50,000.
Why Choose BCom?
Great Career Choices: There are many career options available for B.Com students after pursuing a B.Com degree such as M.Com, MBA, CA (Chartered Accountant), CS (Company Secretary), MCA and many diploma courses.
Significant improvements in the workplace: The BCom degree programme provides some soft skills such as perseverance, determination, ingenuity, and ability to handle challenging positions, all of which are required by those who fill the positions of manager and director. Therefore, after pursuing a B.Com one gets to work in a better environment than he or she normally would.
Large Areas of Work: After pursuing a B.Com course, students have a great choice in various fields where they can test their inner talent. They can be a part of financial planning, accounting, and banking, they can opt for any of their interests and preferences.
B.Com Course Eligibility Criteria
Candidates seeking admission into BCom must go through the eligibility criteria to ensure that they are eligible for B.Com admission. Mentioned below are the eligibility criteria candidates can go through. Check the B.Com eligibility mentioned below:
No age limit has been prescribed for B.Com admission. Candidates of all age groups, gender, and communities can apply, generally.
Candidates must have completed 10+2 with the minimum marks of their stream required for admission as prescribed by the respective university or institute.
It is also mandatory for the students to have studied Mathematics and English
What is the B.Com Admission Process?
BCom admissions involve various procedures at various institutions.
Direct Admissions: Direct admission for the B.Com course takes place without entrance exams. Students are admitted based on their marks in class 12 board exams. The list is prepared after the board 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 CUET, IPU CET, NPAT etc
Document Required For B.Com Admission Process
- 10th Marksheet & Certificate.
- 12th Marksheet & Certificate.
- Graduation Marksheet First Year to Final Year.
- Graduation Passing Certificate.
- Transfer Certificate/ Leaving Certificate.
- Gap Certificate if applicable.
- Migration Certificate (Applicable for students from other Universities)
- Nationality Certificate.
BCom Application Process
Students who want to pursue a BCom degree programme after 10+2 should have scored at least 50 per cent marks from a recognised university. Few colleges provide admission based on merit and some universities require the CUET UG marks.
Generally, there is no entrance test for B.Com admission, the admission is usually done based on the merit system.
Though few colleges conduct their entrance examination for admission to the BCom degree programme.
BCom degree is offered in full-time mode across the country, although some colleges also offer BCom degree in the distance mode.
Skills Required for B.Com Course
Students should possess a solid understanding of commerce, business, accounting, finance and management to opt for the BCom degree programme. Below, we have mentioned some of the skills that are required for the BCom courses.
- Mathematical Skills
- Logical Reasoning
- Analytical skills
- Teamwork
Career Opportunities After B.Com Course
Job opportunities exist right after the programme. Prominent institutions find recruiters making a beeline to hire students from campus. A recent industry trend also suggests the inclination of companies to hire B Com pass-out students in comparison to postgraduates and technical graduates. A career in commerce offers immense growth to the aspirants as demand for professionals is always high. In this section, we have mentioned all the career options available after BCom courses.
Chartered Accountant (CA)- A chartered accountant as a professional holds the responsibility of accounting, auditing, taxation, financial and management areas of an individual or organisation. It is one of the most sought-after, reputed and challenging work fields.
Company Secretary (CS)- A company secretary is a senior position in a private-sector company or public-sector organisation. CS of various experience levels are available and companies look to recruit individuals with skills and experience commensurate with the size and complexities of their business
Cost and Work Accountant (CWA)- The cost and work accountant is a professional who collects, evaluates and analyses all the financial information considering all the angles and then interpreting those numbers for the management. The CWA is considered an important part of corporate strategies and planning, these days.
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