Bachelor of Commerce (B.Com) is a 3-year long undergraduate course that is evenly distributed into 6 half-yearly semesters and is widely popular in the country.
The minimum required eligibility is the completion of higher secondary schooling (10+2) from a recognized board of education with English and Math as core subjects.
B.Com course is distinct from B.Com (Hons.), as the latter allows specialization in various subjects that students can choose from.
Some of the popular colleges in India are:
The average fee to pursue this course ranges from INR 10,000-1,00,000 per year.
A high number of jobs are available for graduates in industries such as:
The average salary offered to B.Com graduates varies with the industry that hires them. It lies roughly between INR 2-5 Lakhs per year.
The most sought after jobs are:
|Eligibility||10+2 (English & Mathematics as core subjects)|
|Course Fee||INR 10,000-1,00,000 per year|
|Average Starting Salary||INR 2-5 Lakhs per annum|
|Employment Industries||Banking, Consulting, Manufacturing, Telecommunications, Auditing, etc.|
There are various specializations that are provided to help aspirants to specialize in a specific domain. Some of these specializations are:
|College Name||City||Average Annual Fee (in rupees)|
|St. Andrew’s College of Arts Science and Commerce||Mumbai||INR 4,500|
|St. Xavier’s College||Mumbai||INR 5,000|
|Christ University||Bangalore||INR 45,000|
|St. Joseph’s College of Commerce||Bangalore||INR 60,000|
|Narsee Monjee College of Commerce and Economics||Mumbai||INR 5,000|
|Stella Maris College||Chennai||INR 30,000|
|Delhi College of Arts and Commerce||New Delhi||INR 10,000|
|Nizam College||Hyderabad||INR 6,600|
|Gargi College||New Delhi||INR 9,300|
|St. Xavier’s College||Kolkata||INR 46,300|
|Sri Venkateswara College||New Delhi||INR 11,560|
|HR College of Commerce and Economics||Mumbai||INR 3.750|
The minimum qualification required to pursue B.Com degree is the completion of senior secondary schooling (10+2). The student must have also studied English and Math as core subjects.
The subjects included are as follows:
Semester-wise syllabus breakup is given below:
|Semester I||Semester II|
|Environmental Studies||Language [English/Hindi/Modern Indian Language.|
|Financial Accounting||Business Laws|
|Business Organization and Management||Business Mathematics & Statistics|
|Principles of Micro Economics (Elective)||Principles of Macro Economics (Elective)|
|New Venture Planning (Elective)||Economics of Regulation of Domestic and Foreign Exchange Markets (Elective)|
|Semester III||Semester IV|
|Company Law||Indirect Tax Laws|
|Income Tax Laws (Elective)||Corporate Accounting|
|Indian Economy (Elective)||Human Resource Management (Elective)|
|Financial Markets and Institutions||Industrial Laws (Elective)|
|Banking and Insurance||E-Commerce|
|Financial Analysis and Reporting||Investing in Stock Markets|
|Semester V||Semester VI|
|Auditing and Corporate Governance||Fundamentals to Financial Management|
|Cost Accounting||Business Communication|
|Principles of Marketing (Elective)||Personal Selling and Salesmanship|
|Training and Development (Elective)||Cyber Crimes and Laws|
|Computer Applications in Business||International Business|
|Advertising||Consumer Affairs and Customer Care|
Of all the topics given under elective and skill-based papers, only one needs to be elected by a candidate from each paper.
After being awarded the B.Com degree, candidates can either look for jobs in various departments or opt for higher education.
Graduates can pursue post-graduation courses such as:
Students have a plethora of job positions in government as well as private sectors to choose from provided that they are not limited to careers in accounts and finance. Some of the prominent jobs available to B.Com graduates are:
|Job Position||Job Description||Average Annual Salary (in INR)|
|Accountant||An accountant prepares asset, liability, and capital account entries by compiling and analyzing account information.||1,80,000-4,00,000|
|Tax Consultant||Tax consultants, also known as tax advisors, are experts in tax law, planning, and compliance. They prepare tax returns for their clients and also ensure that the tax liability is minimized.||2,60,000-4,65,000|
|Bank PO||A bank probationary officer is responsible for the supervision of clerical work, making decisions, managing cash balances, etc. A PO verifies all the work that is done in a bank.||4,32,000-5,20,000|
|Account Executive||Also known as an account holder, an account executive acts as an important link between an advertising agency and its clients. The account executive also organizes the company’s creative and administrative staff to produce effective campaigns.||1,44,000-3,00,000|
|Event Manager||An event manager plans and organizes promotional, business and social events. Besides running events, they ensure that the target audience is engaged and that the message is spread properly.||1,68,000-5,40,000|
|Travel & Tourism||Travel and Tourism companies provide sophisticated travel bookings to their customers. Booking reservations for travel, hotels, rental cars, and special events are parts of their duties.||1,80,000-6,50,000|
|Commodity Trader||A commodity trader operates as an individual or a business entity and focuses on investing in physical substances like oil, gas, gold, crops, etc. Commodity traders also deal with raw materials.||2,80,000-7,20,000|
|Actuary||Actuaries use statistical techniques and mathematical skills to assess the probability of an event and the financial consequences following. At least one actuary is legally needed in every insurance company.||2,64,000-4,80,000|
|Book Keeper||A book keeper’s jobs include posting information to accounting journals and managing invoices to customers, cash receipts, and supplier invoices.||1,68,000-2,80,000|