What is a B.Com Course?
B.Com is a favourite course for commerce students all over the country. Every year, lakhs of students enrol in B.Com across the country.
B.Com Course is a three-year undergraduate degree, most popular amongst commerce students. It caters to the needs of every student, even for a student who is pursuing any professional course like CA, BCom is which adds credibility to your profile.
In B.Com, students are taught varied subjects which help them acquire a hold over the Business and Management world. Once graduating with a BCom degree, a lot of career opportunities are there to build a great career for yourself.
What is The Duration & Structure?
- Like every other undergraduate course in India, B.Com is of 3 years.
- It is divided into 6 semesters, each lasting 5 to 6 months.
- One can pursue B.Com in the following modes-
- Regular course
- Distance course
- Part-time course.
The following subjects and their branches are taught in B.Com: Accounting, Economics, Financial Management, Business Laws, and Entrepreneurship.
What is The B.Com Course Eligibility?
The following is the eligibility criteria for B.Com-
- A minimum percentage of marks is required in class 12th. Generally, this percentage is set at around 45 to 50 per cent by all the institutions.
- Students fr from even science and humanities backgrounds can pursue B.Com. However, a certain deduction in aggregate marks may apply.
- Getting a good score in CUET is also an equally deciding factor for pursuing B.Com Honours.
- Sometimes, in most institutions, having studied maths and qualifying in it is required at the 12th class level to be eligible for BCom honours.
What Are The Entrance Exams for the B.Com Programme?
The following are the popular entrance exams required to take admission in the B.Com course-
- Common University Entrance Test (CUET UG), conducted by the National Testing Agency, is the most widely taken exam all over the country. It is a multiple-choice question-based exam which tests a student’s conceptual clarity and is largely based on class 12th-class syllabus.
- State-Level Entrance Tests- Many state universities conduct their own state-level entrance exams. For example, Guru Gobind Singh Indraprasth University Common Entrance Examination, popularly known as IPU CET.
- All India Management Association Undergraduate Aptitude Test- This entrance exam is conducted for admissions to top Institutions like IIMs for their integrated programs
- Private University examinations like Sharda University Admission test, Symbiosis entrance test and NMIMS program after 12th.
What Are The Top Specialisations In B.Com?
Bachelor of Commerce is a comprehensive course covering diverse subjects. Hence, it offers a student a lot of options to choose from according to their interest areas-
- Human resource management
- Marketing
- Sales management
- Finance
- Accounting
- Business analytics
- International business
- Entrepreneurship
However, a student should consider the following factors while choosing a particular specialisation-
- Interest area- The first and foremost consideration should be your interest only. Check the syllabus of the subjects before opting for the same.
- Scope- See whether you will be able to develop a clear path after college or not. Whether you will be able to secure an interesting and rewarding job or not.
- Counselling and Guidance- Talk to seniors, elders and people who are already working in commerce. Have a guided approach towards building your career.
- Study Material and Resources- check whether good-quality study material is available for a subject or not, because you will be gaining knowledge with the help of study material, and they should be of supreme quality to ensure the best results.
What Are The Top B.Com Colleges in India With Fees?
The following is the list of the best Bachelor’s of Commerce colleges in India-
| College / University | Location (City / State) |
Approx. Fees
|
| St. Joseph’s College of Commerce | Bengaluru, Karnataka | N/A |
| Narsee Monjee College of Commerce & Economics | Mumbai, Maharashtra |
₹ 20,000–₹ 75,000/- (1st-year)
|
| Madras Christian College (MCC) | Chennai, Tamil Nadu | N/A |
| Lady Shri Ram College for Women (LSR) | Delhi, Delhi NCR |
₹ 20,000–45,000/- per year
|
| Hindu College, University of Delhi | Delhi, Delhi NCR |
₹ 20,000–45,000/- per year
|
| Christ University | Bengaluru, Karnataka | N/A |
| Hansraj College, University of Delhi | Delhi, Delhi NCR |
₹ 22,000–45,000/- per year
|
| Loyola College | Chennai, Tamil Nadu | ₹ 31,800/- |
| Shri Ram College of Commerce (SRCC) | Delhi, Delhi NCR |
₹ 30,000/- per year
|
| Kirori Mal College (KMC), University of Delhi | Delhi, Delhi NCR |
₹ 15,000–25,000/- per year
|
What are The Fees for the B.Com Course?
- The fee for a BCom degree in a government college is typically within 1 lakh for the entire course.
- In SRCC, it is around Rs 30000/- per year, whereas in private colleges, the fee can go up to 3 lakhs for the whole course, such as in Chandigarh University
- The return on investment on BCom is quite good, as a BCom graduate can get a starting salary of 4 to 6 lakhs per annum.
- It is necessary to develop skills during college itself to take advantage of the investment you make during the three years of your life
What Are The Top Career Opportunities After B.Com?
- Chartered accountant- Being a CA is a respectable profession in society. The starting salary a CA gets is around 12 lakhs per annum, and the highest goes up to 20 lakhs per annum
- Investment banker- It is a high-paying role with an average salary of 10 lakhs per annum. Many students pursue the CFA to excel in this field
- Company Secretary- The salary for a CS starts from 10 lakhs per annum, and they work in ensuring legal compliance and corporate governance
- Corporate entry level job, like a tax consultant or audit professional- big four companies, i.e Deloitte, EY, KPMG, PWC, hire for such roles with a salary of around 8 lakhs per annum
- Entrepreneurship- Building your own business through the knowledge gained in B.com becomes easy, and make sure that you choose such specialisations and subjects during college to gain an in-depth understanding
- Banking sector or other government jobs- Commerce students often do well in the banking sector or competitive exams like SSC because they develop that acumen to excel in these fields.
Frequently Asked Questions (FAQs)
Q: Which is the best commerce college in India?
Ans: According to various rankings and statistics, Shri Ram College of Commerce is considered to be the best in India. It is a Delhi University college located on the North campus. SRCC is known for its placements, which go up to 24 lakhs per annum.
Q: What is the starting salary after B.Com?
Ans: A B.Com graduate from any top institution of the country can easily get a starting salary of around 4-5 lakhs per annum. Popular roles for which BCom graduates are hired are in finance, marketing, accounting and operations.
Q: What specializations are offered in BCom?
Ans: In B.Com, the following are the popular specialisations offered to the students to choose from: Human resource management, Marketing, Sales management, Finance, Accounting, Business analytics, International business, Entrepreneurship
