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Bachelor of Commerce [B.Com] - Course Overview




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Updated On - March 8th 2018

Bachelor of Commerce (B.Com.) Top Colleges, Syllabus, Scope and Salary

Bachelor of Commerce (B.Com.) is a 3-year undergraduate degree in Commerce, the minimum eligibility for which is passing of Higher Secondary Examination with Maths and English as core subjects. B.Com. is one of the popular undergraduate courses among students. B.Com. in India is available in three modes – B.Com. (pass course), B.Com. (Honors) and B.Com. (Vocational).

    The main aim of B.Com. course is to prepare individuals who are equipped with knowledge and skills related to Economics and Business Management. It helps to provide a variety of managerial skills to an aspiring student. 

    Admission Process for the course is usually merit-based, however, some colleges might conduct entrance tests for admission to this course. Some of the universities which conduct Entrance Tests are: Jamia Milia Islamia University, DelhiBanaras Hindu University, VaranasiGuru Gobind Singh Indraprastha University, Delhi and Narsee Monjee Institute of Management Studies, Mumbai

    With about 700 degree-granting universities and 35,000 affiliated colleges, there is a wide array of choice in terms of colleges and institutes. Some of the top institutes for an undergraduate degree in Commerce are:

    The average fees charged by some of the top institutes offering the course ranges from INR 25K to 5 lacs.

    Career options available after a B.Com. degree are endless. B.Com. jobs range from roles in Finance and Accounting, Banking Industry, Corporate Sector etc. Some of the sectors which employ B.Com. degree holders are Banking, Media, BPOs, Tourism Industry, Hospitality, FMCG Telecom etc. The average annual salary offered to these graduates ranges from INR 1.8 lacs to 8 lacs. 

    Bachelor of Commerce (B.Com.): Course Highlights

    Mentioned below are some of the major highlights of the course. 

    Course LevelUndergraduate
    Duration3 years
    Examination TypeSemester system
    Eligibility10+2 from a recognized educational board
    Admission ProcessMerit-based
    Course FeesINR 10K to 1 
    Average Starting SalaryINR 1.8 lacs to 8 Lacs
    Top Recruiting AreasBanking, Media, BPOs, Tourism Industry, Hospitality, FMCG Telecom etc
    Job PositionsAuditor, Business Consultant, Budget Analyst, Finance Manager, Finance Analyst, Stock Broker, Chief Financial Officer, Cost Estimator and others such. 

    Bachelor of Commerce (B.Com.): What is it about? 

    Bachelor of Commerce degree is designed to provide students with a wide range of managerial skills, while building competence in a particular area of business. It imparts candidates with knowledge in accounting principles, export and import laws, economic policies and other aspects which impact trade and business. 

    Ideally a student of B.Com. on graduating is expected to have acquired basic knowledge in a variety of fields related to an organization and business management. B.Com. degree holder is fit to work in any corporate organization or be self-employed. B.Com. graduates possess a variety of skills like accounting, tally, human resource management etc. Indian Universities offer three kinds of B.Com. courses – B.Com. (Pass), B.Com. (Honors) and B.Com. (Vocational).

    B.Com. (Honors)

    B.Com. (Pass)

    B.Com. (Vocational)

    Students are given an in-depth knowledge of subjects and can specialize in subjects like Economics and Accounting etc.

    Students are given an overview of the subjects and there is no option for specialization in a particular subject.

    It is a skill based and job oriented course and students can specialize in skill-based subjects.

    Most universities plan the degree in a way that students are exposed to general business principles, taking courses in Accounting, Finance, Business Management, Human Resources, Marketing, and Economics. Some programs also require (business) statistics, (introductory) calculus and information systems. 

    The course can be pursued as full-time and part-time and also through correspondence mode depending upon one’s choice. One can choose a combination of subjects apart from 1-2 compulsory subjects. These combinations vary from institute to institute. Most institutes offer a change of elective subjects in the second year depending upon one’s performance or choice. 

    Bachelor of Commerce (B.Com.): Specializations

    There are various specializations that are provided to help aspirants to specialize in a specific domain. Some of these specializations are:

    B.Com Honours: The program aims to build in students competent business acumen through advanced study of general subjects such as Organizational Behavior and Cost Accountancy, later allowing them to specialize in a chosen area. 

    B.Com. Economics:  The course teaches candidates to analyze and give solutions to economic problems in public as well as private sectors. The curriculum focusses on building business acumen in students with the inclusion of specialties such as cost accounting and organizational behavior from among which, students can choose.

    B.Com. Management StudiesIn this course, students learn to suggest and diagnose some solutions for managerial and operational problems. Major topics include in this course are Commercialization, Statistical research, Customer demands, Trade, and Labour market.

    B.Com. Computer Applications: The course aims to produce qualified and trained personnel for fields such as banking, insurance, accounting, stock markets, e-commerce, and marketing, besides teaching jobs in universities and colleges.

    B.Com. Foreign Trade ManagementCandidates enrolled in the course are imparted training in aspects related to the import and export-related parts of the trade cycle, in the various procedures and requirements for carrying out the business efficiently.

    B.Com. TaxationThe course prepares students for a professional qualification in taxation, finance, and accounting and a solid base in the field of Taxation, Accounting and Finance, thus making it easier to acquire a leadership / managerial role in the financial sector.

    B.Com. Banking ManagementThe course has been designed to create trained professionals who can handle various financial activities associated with Banking sectors and operate efficiently in the Banking environment in the financial service sector along with handling various technologies employed in the field of Banking.

    B.Com. Accountancy: The course puts a strong emphasis on developing analytical skills and offers a solid grounding and professional competence in all aspects of accounting.

    B.Com. E-CommerceThe course aims to equip eligible candidates with advanced learning in online business practices of organizations and procedures involved in managing a business online. The course includes components of study such as Cost Accountancy, Economics, Finance, Information Science, International Business.

    Bachelor of Commerce (B.Com.): Top Institutes

    Mentioned below are some of the top institutes offering the course along with their location and average annual fees. 

    College NameLocationAverage Annual Fees in INR
    Loyola CollegeChennai4.61K
    Christ UniversityBangalore2.12 lacs
    St.Xavier’s CollegeMumbai5.03K
    St.Joseph’s College of CommerceBangalore59.8K
    Narsee Monjee College of Commerce and EconomicsMumbai14.5K
    Sri Venkateshwara CollegeNew Delhi9.59K
    Indraprastha College for WomenNew Delhi7.17K
    St.Xavier’s CollegeKolkata43K
    Gargi CollegeNew Delhi9.28K
    Jesus and Mary CollegeNew Delhi13.2K

    Bachelor of Commerce (B.Com.): Eligibility 

    The basic eligibility for admission to any of the B.Com. programs is mentioned below.

    • Candidates must pass in Higher Secondary School examination from a recognized educational board
    • They should have Maths and English as core subjects
    • Minimum 50% marks are required at 10+2 level
    • Although, candidates from Science and Arts stream are also eligible to apply, those with Commerce stream are preferred
    • There is no work experience required for the course. However, students with work experience can also apply.

    Bachelor of Commerce (B.Com.): Admission Process

    B.Com. is an undergraduate course and admission process to this course typically starts after results of Higher Secondary examinations are declared. Admission to this course is usually merit-based, however, some colleges might conduct entrance tests for admission to this course.

    Admission Process typically start either in May end or June starting every year, when universities and colleges release their application form. Results are declared around the mid or end of June and simultaneously admission process starts.

    A student seeking admission to B.Com. course will have to go through any of the following processes:

    Admission Process for BCom

    In case of admission through cut-off percentage, students are required to secure equal to or more than the cut-off percentage.

    While some universities release cut offs for admission to the program and offer admission on first come first serve basis, there are many colleges and universities which conduct Entrance Tests. In case of entrance exams, a student needs to have secured a minimum percentage in 10+2 as prescribed by the university/college.

    Students who for some reason can not pursue B.Com. through the regular method can always opt for correspondance mode of study. Some of the top universities in India offer B.Com. (Pass) and B.Com. (Honors) in the correspondence mode also. Some of these universities are:

    Bachelor of Commerce (B.Com.): Syllabus and Course Description

    Bachelor of Commerce degree is typically of 3 years and could be either in the annual system or semester system of assessment. Many Universities also require students to complete a project in order to earn the degree. A typical B.Com. course has following components:

    • Core Subjects
    • Electives
    • Projects

    Some of the subjects which form the core part of a Bachelor of Commerce Program are:

    • Accounts
    • Economics
    • Statistics
    • International Business
    • Business Mathematics
    • Business Communication

    Some of the subjects which are available as electives for B.Com. students are:

    • Advanced Accountancy
    • Macro Economics
    • Advanced Statistics
    • Indian Economy
    • Governance, Ethics & Social Responsibility of Business

    Some of the subjects in B.Com. (Vocational) are:

    • Office Management &Secretarial Practices
    • Sales Promotion & Sales Management
    • Principle & Practice of Insurance

    B.Com. syllabus is similar, in many respects, across all universities in India. The core courses are designed to help a student learn the basics of commerce, trade and business practices in India and World.

    Title of Paper


    Financial Accounting

    Ledger Posting and Trial Balance, Depreciation Accounting, Final Accounts, Consignment and Joint Venture Accounts, Accounting Process

    Macro and Micro Economics

    National Income Determination, GDP, Concepts of Macro Economics, Macro Economic Framework, Analysis of Money Supply and Inflation, Equilibrium of Product and Money Market, Demand & Supply, Ordinal Utility Theory, Production and Cost, Market Structures, Perfect Competition, Monopoly Firm

    Business Organization and Management

    Introduction, Planning, Organizing, Staffing, Controlling, Individual and Group Behavior in an Organization, Organizational Processes

    Information Technology

    Basics of Computer and its Evolution, Computer Software, Operating System Concept, Computer Networks and Applications

    Business and Industrial Laws

    The Indian Contract Act 1872, Sale of Goods Act 1930, Negotiable Instrument Act, LLP Act, Payment of Wages Act 1936, Payment of Bonus Act 1965, Payment of Gratuity Act 1972

    Cost and Management Accounting

    Meaning and Scope of Cost Accounting, Labor Cost, Overhead, Cost Ledgers, Contract Costing, Marginal Costing, Budgeting, Accounting and Control of Material Cost, Accounting and Control of Labor Cost, Methods of Costing, Marginal Costing, Budgetry Control


    Introduction, Remedial Grammar, Communication, Professional Writing

    Business Mathematics

    Basics of Counting, Linear Algebra, Differential Calculus, Integral Calculus

    Company Law

    Company and Prospectus, Company Meetings and Resolution, Company Secretary, Employees State Insurance Act 1948, Minimum Wages Act 1948, Employees’ Compensation Act 1923

    Economics Development and Policy in India

    Nature of Indian Economy, Human Resources and Economic Development, Industrialization, Indian Finance System, Foreign Trade

    Income Tax and Auditing

    Basic Concepts of Income Tax, Total Income and Tax Computation, Income Tax Return

    Business Communication

    Introduction to Business Communication, Written Communication, Oral Communication, Communicating in a Cultural World, Theory of Communication, Business  Negotiation

    Industrial Economics

    Industrial Structure and Market Structure, Integrated Industrial Development, Economic aspects of Industrial efficiency, Industrial location and Regional Development

    International Trade

    International Trade Theory, International Trade Policy, World Trade Organization, Factor Endowment and Heckscher

    Corporate Governance, Business Ethics, and CSR

    Conceptual Framework of Corporate Governance, Indian Framework of Corporate Governance, Board Committees and their function, Codes, and Standards on Corporate Governance, Business Ethics, CSR

    Human Resource Management

    Acquisition of Human Resource, Training and Development, Strategic HRM

    Business Statistics

    Statistical Data, Measures of Variation, Simple Correlation and Regression Analysis, Index Numbers

    Corporate Accounting

    Share Capital and Debenture, Final Accounts of Companies, Amalgamation of Companies, Banking and Insurance Companies

    Generally, colleges follow lecture method for imparting lessons. However, the total curriculum also includes Class Presentations – solo and group, Seminars, Workshops and Industry Visits.

    Bachelor of Commerce (B.Com.): Career Prospects

    B.Com. course imparts basic knowledge about trade and commerce practices in society and prepares a student for job opportunities in a wide variety of sectors. A B.Com. graduate can work in both public and private sectors. They are fit to work in a variety of industries and take on varied roles like administration, hospitality, accounting, marketing, retailing, production planning etc.

    Career options available after a B.Com. degree are endless. B.Com. jobs range from roles in Finance and Accounting, Banking Industry, Corporate Sector etc. Some of the sectors which employ B.Com. degree holders are Banking, Media, BPOs, Tourism Industry, Hospitality , FMCG Telecom etc. There are various roles available in the Private Sector for B.Com. degree holders. Some of the roles and areas of function for students with B.Com. are:

    • Accounting
    • Administrative
    • Auditor
    • Human Resource Department
    • Network Marketing
    • Promotion and Advertising
    • Banking and Insurance
    • Market Research
    • Event Management

    Individuals with a B.Com. degree can apply for many government vacancies. There are also jobs in public sector which require specific skills in accounting and statistics. Some of the jobs available in Public Sector are Bank Manager, Statistical Officer, Accountant, Indian Defense Accounts Services, Civil Services etc.

    Some of the job profiles associated with B.Com. program are mentioned below.

    • Accountant
    • Financial Advisor
    • Executive
    • HR Manager
    • Account Executive
    • Chartered Accountant
    • Financial Analyst
    • Tax Consultant

    There is no dearth of job opportunities for candidates with Bachelor of Commerce degree. It is already established that B.Com. graduates can work in a wide variety of roles. Some of the top recruiters for B.Com. graduates are:

    • Genpact
    • Accenture
    • Infosys BPO
    • IBM
    • Deutsche Bank
    • Wipro
    • Convergys
    • Dell
    • HP

    Average salary offered to B.Com. graduates depends on a few factors like the institution of study, city of study, skills acquired, specialization and any additional certification or degree. For example, a candidate with a specialization or an additional certification in Hotel Management will get a better salary in Hospitality industry. Similarly someone with a B.Com. degree from one of the top universities and with a good specialization has a better chance of getting a good salary. Below is a chart for Top Salary Package offered to students in some of the best colleges in India:

    Not necessarily all students who complete their Bachelor of Commerce degree, settle for a job. Many students aspire for further studies. For such students there are numerous good options available. Below is a list of options available in the academic field after completion of B.Com.

    • M.Com. – Master of Commerce or M.Com. is a postgraduate degree in commerce and is an extension of B.Com. You should go for M.Com. if you have an urge to study commerce subjects and gain a deeper insight of how an organization works. All major universities in the country offer M.Com. program. Generally an entrance is held for admission to this program.
    • MBA – Master of Business Administration or MBA is one of the popular options for Bachelor of Commerce graduates. A B.Com. degree gives an edge to MBA aspirants as some of the subjects taught in B.Com. are repeated in the curriculum during the first year of MBA.
    • CA – Chartered Accountancy or CA can be pursued with or after the B.Com. course. A background and understanding of commerce helps in the completion of the CA course. Since Accounts is a compulsory paper for B.Com. students, it is helpful when pursuing CA.
    • CS – Company Secretaryship or CS is another popular option and can be pursued along with a b.Com degree. CS prepares an individual for regulatory roles in an organization.
    • ICWAI – ICWAI prepares cost accountants who control and manage cost of an organization. This course can also be pursued vis-à-vis graduation.
    • CFA – Chartered Financial Analyst or CFA is also a professional course and gives a deeper understanding of the financial aspects in an organization. It spans a wide variety of subjects like Economics, Derivatives, Accounting, Portfolio Management, Funds etc.
    • Law – A student can also opt for LLB after B.Com. With Business Law as part of the curriculum it is also a viable option.
    • Actuarial Science – Actuarial Science is an offbeat discipline but also has high-paying potential. Actuarial Science helps an individual to develop mathematical and statistical skills to assess risk in finance, insurance and other industries.
    • CMA – Certified Management Accountant or CMA is a professional course and helps an individual to learn skills pertaining to financial planning, control, analysis, decision support and company ethics.
    • CFP – Certified Financial Planner or CFP is a professional degree for financial planners and is ideal for students who wish to pursue a career in Financial Planning.