B.Com. Accountancy or Bachelor of Commerce in Accountancy is an undergrad Commerce course. Accountancy is a specialty of communicating business and money related data. Accounting, one is instructed approaches to execute and exhibit the organization business insights and records.
A lot of universities and colleges offering Bachelor of Commerce (B.com) degree. In India, the duration of B.com is 3 years. Students may pursue B.com in regular and distance mode.
The average tuition fee charged in India for B.Com in Accountancy ranges around INR 5 lacs for private institutes, but is as low as INR 5,000.
It is one of the routes through which the organization actualizes to keep a track on its costs and in addition income. The length of the course is three years and it is profession situating and beginning one in nature that opens numerous open doors for the applicants after its finishing in many fields.
After having passed the degree course they can start their career as a junior accountant and can reach various top level positions such as senior accountant, Chief financial officer, auditor, budget analyst, financial manager, tax consultant etc.
Average Starting Salary offered to B.Com Accountancy degree holders ranges from INR 1.2 to 10 Lacs
Arranged beneath are a portion of the real highlights of the course.
|Name of the course||B.Com in Accountancy|
|Duration||3 years, full time/Distance Learning|
|Examination Type||Semester System/Yearly|
|Eligibility||10+2 with English and math|
|Admission Process||Students are admitted in B.Com on the basis of merit. The merit is prepared on the basis of candidate’s performance in higher secondary examination. Some Universities also conduct the entrance test for admitting students. Besides candidate’s academic knowledge, some colleges conducts interview|
|Average Course Fee||INR 5K to 5 Lacs|
|Average Starting Salary||INR 1.2 Lakh to 10 Lacs|
|Top Recruiting Companies||Google, Amazon, Snapdeal, Flipkart, Adobe, Reliance, Hdfc bank, Just dial, Apollo, Genpact, Motorola, Newgen, HP, Dell, Park Ascent, ITC Infotech, Claridges, HCL, L &T Infotech, Godrej|
The Commerce program provides professional education for those wishing to become accounting and finance professionals. It has a strong emphasis on developing analytical skills and offers a solid grounding and professional competence in all aspects of accounting.
The Degree course serves as a basis for further higher studies in this field such as M.Com. and M.B.A. Students wishing to qualify as chartered accountants also are suitable for it.
They should have an aptitude for mathematics and be able to analyze, compare and interpret facts and figures quickly.
Listed below are some of the best institutes in India that offer B.Com in Accountancy:
|COLLEGE/INSTITUTE||STATE||TUITION FEES (PER YEAR) IN INR|
|Hindu College, Delhi University||New Delhi||14,333|
|Lady Sri Ram College for Women, D.U.||New Delhi||21,290|
|Loyola College, Chennai||Chennai||4,614|
|Christ University, Bangalore||Bangalore||2,12,000|
|Madras Christian College, Chennai||Chennai,||27,919|
|St. Xavier’s College, Mumbai||Mumbai||4,718|
Typically, to pursue B.Com in Accountancy, candidates need to satisfy the eligibility criteria mentioned below:
Admission Process ordinarily begins in May each year, when colleges and schools discharge their application form. Entrance Tests lead toward the finish May or the start of June. Results are proclaimed around the mid or end of June. Classes start toward the finish of July and start of August.
If there should be an occurrence of confirmation through cut-off rate, understudies are required to secure equivalent to or more than the cut-off rate.
Syllabus of Accountancy as prescribed by various Universities and Colleges.
Main subjects covered in the discipline are:
|Year I||Year II||Year III|
|Language||Information Technology & Its Application in||Financial Accounting III|
|Major Indian Language||Business||Auditing|
|Communicative English||Principles of Marketing||Indian Financial System and Financial Market Operations|
|Financial Accounting I||Economics II & Advanced Business Mathematics||Financial Management|
|Business Regulatory Framework||Financial Accounting II||Project Work|
|Principles & Practice of Management & Business Communication||Direct & Indirect Taxation||Environmental Studies|
|Economics I||Cost & Management Accounting||-|
|Business Mathematics & Statistics||-||-|
A vocation in commerce offers enormous development as interest for experts is dependably on a high.
Some of the popular employment areas for B.Com in Accountancy:
B.Com in accountancy graduate are hired in capacities such as:
Listed here are some of the popular job positions offered to successful graduates of the discipline with the corresponding job descriptions and salaries offered.
|Job Title||Job Description||Average Annual Salary in INR|
|Accountant||Accountant Job Duties: Prepares resource, obligation, and capital record passages by incorporating and examining account data. Archives money related exchanges by entering account data. Suggests money related activities by breaking down Accounting choices. Substantiates money related exchanges by reviewing archives.||120,104 –505,383|
|Auditor||Auditor: expected set of responsibilities. Inspectors perform (inside) money related and chance administration reviews and autonomous statutory (outside) monetary reviews of business and open area associations. Inspectors evaluate neighborhood and focal government offices with the point of enhancing proficiency and adequacy.||174,320 -1,172,161|
|TAX Consultant||Charge specialists furnish their customers with monetary and assessment related advice. Tax experts may get ready and finish customer expense forms and help customers in finding the correct derivations, credits and alterations in light of their budgetary circumstance.||197,972 - 785,508|
|Finance Officer||The Finance Officer reports to the Senior Administrative Officer and is in charge of planning money related explanations, keeping up money controls, setting up the finance and work force organization, acquiring, keeping up records payable and overseeing office operations.||350,894 - 2,033,337|
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