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Bachelor of Commerce [B.Com] (Business Economics) - Course Overview

  • STREAM

    COMMERCE

  • DURATION

    3 YEARS

  • COURSE

    Economics

  • COURSE TYPE

    Graduation

Bachelor of Commerce in Business Economics Top Colleges, Syllabus, Scope and Salary

 

B.Com. in Business Economics is a 3-year full-time undergraduate course, the minimum eligibility for admission to which is a Higher Secondary Certificate (10+2) qualification in the Commerce stream, with a minimum aggregate score of 50%.

Admission to the course is based on the candidate’s performance in a relevant entrance test, and subsequent round of counselling.

Bachelor of Commerce in MaharashtraBachelor of Commerce in Uttar PradeshBachelor of Commerce in Madhya PradeshBachelor of Commerce in Rajasthan

Such postgraduates are hired in capacities such as:

  • Business Analyst
  • Business Analytics Manager
  • All-round Financial Analyst
  • Investment
  • Financial Director
  • Senior Business Intelligence Analyst
  • Business Risk Advisor
  • Analyst-Health Economics Modelling
  • Business Development Executive- Finance
  • Forex and Economics
  • Analytics Manager
  • Market Analytics Consulting, and such.

The average tuition fee charged for the course in India ranges between INR 13,000 and 1.2 Lacs for a span of 3 years.

The average annual salary offered to such professionals ranges between INR 5 and 8 Lacs, increasing with experience and expertise.

B.Com. in Business Economics: Course Highlights

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

Course LevelUndergraduate
Duration3 years
Examination TypeSemester
EligibilityHigher Secondary Certificate (10+2) qualification in Commerce with a minimum aggregate score of 50%.
Admission ProcessBased on counselling after qualification of entrance tests.
Course FeeINR 13000 to 1.2 lacs
Average Starting SalaryINR 5 to 8 lacs per annum
Top Recruiting CompaniesKPMG, EY, DE SHAW, McKinsey, Research, etc.
Top Recruiting AreasFinancial Companies, Research Companies, Business Consultancies, Educational Institutes, Industrial Houses, and such.
Top Job ProfilesBusiness Analyst, Business Analytics Manager, All-round Financial Analyst, Investment, Financial Director, Senior Business Intelligence Analyst, Business Risk Advisor, Analyst-Health Economics Modelling, Business Development Executive- Finance, Forex and Economics, Analytics Manager, Market Analytics Consulting, Forex Exchange Consultant, among others.

B.Com. in Business Economics: What’s it About?

The course has been designed to inculcate business acumen in students with a background in Economics. The course curriculum includes subjects such as:

  • cost accounting

  • organizational behaviour
  • micro and macroeconomics
  • one specialization specific to Economics.

Graduates of the course interested in pursuing higher studies in the discipline may go for graduate courses like MBA, M.Com., M.A. Economics, M.Phil. in Economics, etc.

Areas of specialization offered as part of the course include:

  • Business or Micro Economics
  • Macro Economics
  • Labour Economics
  • Industrial Economics
  • International Economics.

 

B.Com. in Business Economics: Who should opt?

Ideal candidates for the course would possess:

  • ability to apply economic analysis and quantitative skills.
  • ability to grasp and tackle to business and economic policy issues.
  • economics skills such as public-sector decision-making.
  • ability to handle many tasks at one time.
  • ability to meet deadlines
  • capacity to supplement research with judgment and intuition.
  • strong critical thinking, analytical and research skills

Top Institutes offering B.Com. in Business Economics

Listed below are some of the top institutes in India that offer the course.

Name of InstituteCityAverage Fees
Digboi CollegeDigboiINR 13,000 (course)
Adarsh MahavidyalayaOmergaINR 60,000 (course)
Jai Hind CollegeMumbaiINR 14,000 (course)
Shivaji MahavidyalayaAhmednagarINR 50,000 (course)
Vishwasattya Arts and Commerce CollegeNasikINR 30,000 (course)
L.S.M Government P.G. CollegePithoragarhINR 45,000 (course)
Jyoti Niwas CollegeBangaloreINR 1,20,000 (course)
Shree Gokarnanatheshwara CollegeMangaloreINR 14,000 (course)

Eligibility for B.Com. in Business Economics

Listed below are the minimum criteria of eligibility that interested candidates need to fulfil in order to apply for the course.

  • 10+2 education completed from a recognized educational Board.
  • Commerce subjects as the main subjects of study at the 10+2 level.
  • A minimum aggregate score of 45% (40% for SC/ST/OBC candidates) at the 10+2 level.
Bachelor of Commerce in KarnatakaBachelor of Commerce in PunjabBachelor of Commerce in West BengalBachelor of Commerce in Gujarat

B.Com. in Business Economics: Admission Process

Most institutes offering the course admit students based on their performance in a relevant entrance test, followed by a round of Personal Interview. Some institutes conduct their own entrance tests for offering admission. Admission process generally varies across colleges.

A few institutes also provide direct admission based on the candidate’s score at the 10+2 level.

Some such entrance tests held in the country for admission to the course are:

  • Adarsh Mahavidyalaya, Omerga
  • Jai Hind College, Mumbai
  • Shree Gokarnanatheshwara College, Mangalore

B.Com. in Business Economics: Syllabus and Course Description

A semester-wise breakup of the course’s syllabus is tabulated here.

Semester I

Semester II

Financial AccountingFinancial Accounting
Principles of ManagementHuman Resources Management
Business MathematicsBusiness Statistics
Business EconomicsBusiness Economics

Semester III

Semester IV

Corporate AccountingIndian Constitution
Marketing ManagementCorporate Accounting II
International Business EnvironmentFinancial Management
Indian Financial SystemPractice of Banking

Semester V

Semester IV

Cost AccountingComputer Business Applications
Computer FundamentalsBusiness Laws
Techniques of Cost AccountingIncome Taxes II
Income TaxesManagement Accounting

B.Com. in Business Economics: Career Prospects

The course is best suited for those with a penchant for Economics and related fields of study. The course is concerned with components of study such as:

Business Economics is the part of Economic Theory which focuses on business enterprises and delves into factors contributing to:

  • diversity of organizational structures.
  • relationships of firms with labour, capital and product markets.
  • business the way it is actually done in the real world.
  • issues relevant in today's market.
  • real business situations.

Some of the popular professional avenues open to successful graduates of the course are listed below with the corresponding salaries offered for the respective positions.

Bachelor of Commerce [B.Com.] in Business Economics annual salary
Job PositionJob DescriptionAverage Annual Pay in INR
Business Analytics Manager

The role of a Business Analytics Manager is quite varied. They understand business needs and objectives, develop strategies for effective data analysis and reporting. Also, they define company-wide metrics and relevant data sources, select, configure and implement analytics solutions and lead and develop a team of data analysts.

They are also responsible for overseeing all analytics operations to correct discrepancies, and ensure quality and extract reports from multiple sources (e.g. operations, IT, customer feedback). Also, they build systems to transform raw data into actionable business insights, and apply industry knowledge to interpret data and improve performance to keep abreast of industry news and trends.

Business Analytics Managers are critical to a company, in that they provide the means by which companies review their progress against success, and provide the means to report to the client. Meeting turnaround deadlines for report production is critical to ensuring that deadlines with client are met, and that they are seen in the best light.

6.5 lacs
Marketing Analytics Manager

Marketing Analytics Managers are responsible for the analytics, insights, and reporting of Business Customer Outreach customer satisfaction strategies, and business communications and outreach efforts. They are responsible for managing and ensuring that there are quality analytical and reporting processes across all stakeholders.

Such professionals must display a demonstrated ability to transform information from various data sources into actionable insights and recommendations.

Job roles also include econometric modelling and customer segmentation profiles that provide the ROI for marketing and communications, as well as customer value. Additionally, they are responsible for managing the department budget and forecasting process.

7 lacs
Forex Exchange Consultant

Foreign Exchange Consultants lend their expertise to overseas financial markets, businesses, and individuals seeking to invest globally. Consultants make forecasts, provide in-depth analysis of markets, and make trade recommendations based on their findings.

The foreign exchange markets allow businesses and individuals to convert one currency into another and set currency exchange rates. Foreign Exchange Consultants assist clients in understanding and capitalizing on foreign currency markets by giving their clients information on exchange rates and insights into global markets.

Most Foreign Exchange Consultants work for large firms that specialize in foreign markets. Job opportunities for Foreign Exchange Consultants also exist overseas, where knowledge and experience of markets is valuable.

Demand for experts in this field has grown in recent years owing to investors seeking information and analysis of foreign markets in the wake of global markets falling and growth of overseas markets.

8 lacs
Health Economist

Health Economics is one of those rapidly growing fields that link up business with health care. Health Economists use their knowledge of economics by applying it to a variety of challenges in health and medicine.

As the population continues to grow, the demand for quality and cost-effective health care similarly grows, leaving careers in health economics vital to sustaining the health care system. Health Economists are professionals who investigate how resources are used in health care.

They also focus on the distribution of resources and the maintenance of occupational health in the health care system. They may work in the public side of health care, or may be employed by privately owned companies.

Health Economists use their skills and the tools learned during their education and career experience to analyse health care and its many subfields. Also, they evaluate health care policies and appease numerous challenges in the health care field.

5 lacs