B.Com. in Economics is a 3- year long undergraduate course divided into 6 semesters, with each semester spanning 6 months. Some institutes offering the course follow an annual exam pattern instead of the semester pattern. The course aims to prepare qualified professionals in the field equipped with both strong technical knowledge and practical sensibility.
The average course fee charged in India ranges between INR 50,000 and 6 lacs, depending upon the institute offering the course. Candidates need to have attained a 10+2 qualification from a recognized educational Board for applying to the course.
The average annual starting salary offered in India to successful graduates of the course ranges between INR 2.5 and 3.5Lacs, depending upon the organization and the candidate’s experience and expertise.
Listed below are some of the major highlights of the course.
|Examination Type||Semester / Annual System|
|Eligibility||10+2 from a recognized Board|
|Admission Process||Merit based direct admission or institute- specific entrance exams|
|Course Fee||INR 0.5 to 6 Lacs|
|Average Starting Salary||INR 2.5 to 3.5 Lacs|
|Top Recruiting Fields/Areas||Banking, Auditing, Account managing etc.|
Economics is an advanced study aimed at determining the monetary feasibility of certain projects, applications, etc. Candidates are taught to analyze and give solutions to economic problems in public as well as private sectors. Using skills in mathematics, statistics and operational research, professionals devise factual and practical solutions to economic issues.
The curriculum focusses on building business acumen in eligible students with the inclusion of specialties such as cost accounting and organizational behavior from among which, students can choose.
Successful graduate of the course interested in pursuing further studies in the discipline may go for M.A. in Economics or MBA in the subject.
Subjects such as Applied/ Business Economics, Statistics, Accounting, Management etc. are covered in the curriculum.
Some of the leading institutes in India offering B. Tech in Power Electronics are listed here along with the corresponding locations and fees charged.
|COLLEGE NAME||CITY||AVERAGE FEES IN INR|
|Shri Ram College Of Commerce||New Delhi||30,000|
|St. Xavier’s College||Mumbai||4,800|
|Hindu College||New Delhi||14,400|
|Lady Shri Ram College for Women||New Delhi||21,300|
|St. Joseph’s College Of Commerce||Bangalore||60,000|
|Narsee Monjee College Of Commerce and Economics||Mumbai||14,500|
|Symbiosis College Of Arts and Commerce||Pune||15,900|
|St. Xavier’s College||Kolkata||44,200|
The basic eligibility for the course is a Higher Secondary School qualification with a minimum aggregate score of 50%, with Math and English as core subjects. Different universities have different minimum cut offs for admitting students, and admission largely depends on the student’s performance at the 10+2 level.
Candidates waiting for their graduation’s final year examination’s results are also eligible to apply.
To this course, admission is usually merit-based, i.e., depending on the student’s performance at the Senior Secondary level, however some colleges might conduct entrance tests for shortlisting and admitting students to the course
A semester- wise breakup of the course is given here.
|Indian Contract Act and Sale Of Goods Act|
|Business Regulatory Framework|
|Commercial Bank Management|
|Financial Market Operation|
|Elements of Company Accounts|
|Theory and Practice of Cost|
|Indian Company Act|
|Principles of Statistics|
|Banking in India|
|Advance Corporate Accounts|
|Advance Cost Accounts|
|Principles of Management|
|Advances of Statistics|
|Principles of Insurance Business|
|Income Tax for Individuals|
|Accounting for Managers|
|Project Planning and Control|
|Income Tax for Business|
|Human Resource Management|
Successful graduates of the course are hired in capacities such as Auditor, Stock Broker, Media Analyst, System Analyst, Retail Analyst, Advertising and Communication Professional, Manufacturing and Management Professional, Economics Teacher, Curriculum Developer, Service Quality Leader, Lead Modeler, etc.
Some of the popular professional avenues open to such graduates are listed below with the job descriptions and corresponding salaries offered for the respective positions.
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY IN INR|
|Banking and Finance Officer||Managing and helping in the daily operations of a financial institute||4 to 5 Lacs|
|Market Research Analyst||Finding the potential area of development for an organization in monetary respects, analyzing current market trends and implementing those to increase profit.||2 to 3 Lacs|
|Insurance Investment or Tax Experts||Providing expert support for tax documentations, tax- related problems and insurance investments.||3 to 4 Lacs|