Bachelor of Commerce(B.Com) (Eligibility Criteria, Fees, Admission Process)
By admin | Last Updated Jan, 2022
Bachelor of Commerce Course Full Details
Bachelor of Commerce(B.Com) is a 3-year undergraduate course in business. It offers the basic knowledge of economics, account, business law, taxation, insurance, management, etc. Its main motive is to impart management skills to the students focusing solely on the business area.
BCom is a gateway to many career opportunities like Chartered Accountant, secretary, insurance and banking, cost and work accountancy, etc. It is one of the most popular courses to pursue after class 12th and is available in most colleges and institutes. It is for those candidates who want to make a career as bankers, financial advisors, statisticians, bookkeepers, etc.
Candidates can choose elective subjects during the duration of this course. There are different many specializations a student can pursue in BCom according to what suits them best. BCom is becoming quite popular among the students.
Bachelor of Commerce Overview
| Name of the course | Bachelor of Commerce (B.Com) |
| Degree type | Undergraduate |
| Duration | 3 years |
| Course type | Semester Based |
| Eligibility | 12th passed from a recognized board |
| Minimum percentage | 50% aggregate |
| Admission Process | Merit-based and entrance exam |
| Annual Fees | INR 10,000 to INR 50,000 Per annum |
| Average Salary | INR 2 to INR 9 LPA |
| Career Opportunities | Accountant, Banking, Taxation, Business, Management, Chartered Accountant, Company Secretary. |
Why study B.Com?
- B.Com is ideal for students who want to make a career in the management world or study MBA later.
- Candidates with entrepreneurial mindsets and someone who wants to run a business can study B.Com.
- This course will introduce me to the latest market trends and the pre-requisite required to enter this world with endless potential.
- Students who are passionate about creating employment can pursue this course.
B.Com Eligibility Criteria
B.Com is available in most colleges and universities in India in both regular and distance education mode. Down below we have mentioned BCom eligibility criteria.
- All the candidates are required to graduate from class 12th with Commerce as their stream and Accounts, Business, Economics, Maths, and English as their major subjects.
- There is a minimum cut-off criterion to every university and the students must meet it.
- There is no specific age limit for admission.
- Some colleges conduct entrance examinations for admissions in BCom.
Types of B.Com
There are about 38 different specializations of B.Com offered in India. There are basically 3 types of B.Com courses available and they are listed below.
- B.Com Online
- B.Com Distance Education
- B.Com in Abroad
B.Com Specializations
Here is a list of different B.Com Specializations.
- Accounting
- Economics
- Cost Accountancy
- Finance
- Information Science
- Management
- International Business
- LLB
- Marketing Management
- Human resource
- Tourism
B.Com Admission Process
Most of the colleges grant admission on the basis of merit alone. But there are some colleges where scores in entrance exams decide the eligibility for admission.
Apart from the academic performance of students, some colleges also conduct interviews and screening processes. B.Com is allowed and is provided all over the country, that too in multiple modes, including a distance learning one.
Although some universities only enroll on the basis of entrance examinations.
Top B.Com Entrance Exams
- IPU CET – Indraprastha University Common Entrance Test
- DUET – Delhi University Entrance Test
- NPAT – National Test for Programs after 12th conducted by NMIMS
- CUET – Christ University Entrance Test
- BHU UET – Banaras Hindu University Entrance Test
- SUAT – Sharda University Admission Test
B.Com Fees Details
B.Com fees vary from college to college and according to the specialization as well. The distance variant of B.Com is probably the most cost-effective and the average fee is only around INR 15,000 to INR 25,000. B.Com general fees are around INR 10,000 to INR 50,000 per annum. But it could go much higher according to specialization.
B.Com Syllabus
B.Com is divided into six semesters. There is a lot of topics and chapters needed to be covered during your B.Com curriculum. Check out the semester-wise syllabus down below.
| 1st Semester | 2nd Semester |
| Financial Accounting | Language: Selective |
| Environmental Studies | Business Laws |
| Generic Elective subjects – (a) Principles of Macro Economics (b) New Venture Planning | Generic Elective subjects – (a) Principles of Macro Economics b) Economics of Regulation of Domestic and ForeignExchange Markets |
| Business Organisation and Management | Business Mathematics and Statistics |
| 3rd Semester | 4th Semester |
| Company Law | Indirect Tax Laws |
| Income Tax Law | Corporate Accounting |
| Discipline-Specific Elective – (a) Indian Economy (b) Financial Marketsand Institutions | Discipline-Specific Elective (a) Human Resource Management (b) Industrial Laws |
| Skill Based Subject (a) Banking & Insurance (b) Financial Analysis and Reporting | Skill Based Subject (a) E-Commerce (b) Investing in Stock Markets |
| 5th Semester | 6th Semester |
| Auditing and Corporate Governance | Fundamentals of Financial Management |
| Cost Accounting | Business Communication |
| Discipline-Specific Elective (a) Principles of Marketing (b) Training and Development | Discipline-Specific Elective (a) International Business (b) Consumer Affairs and Customer Care (c) Entrepreneurship & Small Business (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) Computer Applications in Business (b) Advertising | Skill Based Subject (a) Personal Selling and Salesmanship (b) Cyber Crimes and Laws |
B.Com Average Salary
The average salary of B.Com graduates is around INR 2 LPA to INR 8 LPA. It mostly depends upon their employment sector and their position in their organization. The salary also grows after gaining a certain experience and getting higher education in the same field or pursuing B.Com from a specialization.
B.Com Job Opportunities and top recruiters
Although B.Com can get you a decent salary and reputed post in this competitive world, B.Com alone is not sufficient, most students opt to pursue a master in commerce or MBA to boost their employment criteria. B.Com graduates can also prepare for government sector jobs as there are many options available for them. B.Com graduates can easily find jobs after graduating in banking, accounting, commerce, and finance-related fields.
- Accountant
- Junior Accountant
- Financial Analyst
- Business Executive
- Tax Consultant
- Financial Consultant
- Accounts Manager
- Business Consultant
Top B.Com Recruiters
- ICICI Bank
- HDFC Bank
- SBI
- Indusland
- Ernst & Young
- LIC
- Bajaj Allianz
- Kotak Life
- Punjab National Bank
- Deloitte
- KPMG
- ICICI Prudential
- New India Insurance
- Max Bupa
B.Com Scope in India
B.Com generally covers all the fundamental aspects of business and commerce and pave a way for your future. It works as a gateway for many job opportunities and a high success rate. Financial services, taxation, business development, risk management, analysis, etc, all of these sectors are all available for students of B.Com. In spite of other management courses, B.Com still remains one of the top picks of future entrepreneurs.
You can pursue courses such as M.Com, MBA, and financial management after B.Com. Not everyone picks commerce to be their major, but it sure is promising and gives you a head up in the corporate sector.
