B.Com. Professional or Bachelor of Commerce in Professional is a three-year undergraduate Management course. Students who have successfully passed 12th Standard/HSC/10+2 (or equivalent Level of Examination) from any recognized Board.
Top Institutes offering B.Com. Professional are:
The average tuition fee charged for the course in India ranges between INR 5000 to 2 Lacs for a span of 3 years.
By pursuing this course, a student will attain conceptual knowledge and analytical skills that may help in areas of employment at various levels. This course aims at providing comprehensive insight into accounting, finance, taxation, law, management and so on. In B.Com Professional students get the opportunity to learn about computerized accounting and they also get chance to undergo training with chartered accountants.
Such postgraduates are hired in capacities such as Business Consultant, Auditor, Chief Financial Analyst, Personal Financial Advisor, Tax Consultant, Teacher, Actuaries, Budget Analysts, Cost Estimators, Entrepreneurship/Own Business, Finance Managers, Business Consultants, Certified Public Accountant, Chartered Management Accountant, Tax Assistants, Book Keepers, Human Resource Managers, Investment Analysts, Marketing Managers, Chief Financial Officer, Financial Analyst, Personal Financial Advisor, Stock Brokers Teacher/lecturer etc.
Salary of the candidates varies from department to department. Candidates having few years of experience may get lucrative pay. Salaries depend on the nature of organization and type of job. However, it ranges between INR 10,000 to 25,000 per month for a fresh hire. The average salary of a CA in the company is around 5 lakh to 10 lakh per annum.
Listed below are some of the major highlights of the course.
|Examination Type||Semester System/Year wise|
|Eligibility||10+2 with 50%|
|Admission Process||based on entrance exam|
|Course Fee||INR 5,000 to 5 Lacs|
|Average Starting Salary||INR 2 lakh to 10 lacs per annum|
|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 etc.|
|Top Recruiting Areas||Banks, Merchant Banking, Industrial Houses, Inventory Control, Business Consultancies, Educational Institutes, Budget Planning, Investment Banking, Marketing, Foreign Trade, Public Accounting Firms, Capital Market, Insurance, Media, Multi-National Companies, Investment Banking, Forensic Accounting, Retail Stores, Advertising etc.|
|Job Positions||Business Consultant, Auditor, Chief Financial Analyst, Personal Financial Advisor, Tax Consultant, Teacher, Actuaries, Budget Analysts, Cost Estimators, Entrepreneurship/Own Business, Finance Managers, Business Consultants, Certified Public Accountant, Chartered Management Accountant, Tax Assistants, Book Keepers, Human Resource Managers, Investment Analysts, Marketing Managers, Chief Financial Officer, Financial Analyst, Personal Financial Advisor, Stock Brokers Teacher/lecturer etc.|
B.Com. Professional is a bachelor degree course in commerce. The main objective of the course is to create professionals who can deal well with economic and financial matters. The course helps the candidate in developing managerial skills along with accounting skills. Basics of taxation, law, e-commerce, etc. are covered under the course. After completing the academic degree, the candidate can try for jobs in banks, in financial organizations, in marketing firms, and so on.
The course study offers various advantages to the students. The main benefit of the course study is with regard to the career. They can find career opportunities in banking, retailing, education, media communications, and so on. The candidate can pursue higher study courses in diverse areas of Commerce.
B.Com. Professional course helps aspirants to be able to take up challenging job assignments in Accounting, Finance, Marketing or General Aptitude job openings.
It is also helpful for further studies such as M. Com, M.B.A, CFA, ICWA, ICAI, ICS etc. The course is suitable to provide a strong foundation-level understanding of the functioning of business organizations, commercial transactions and of various specialized operations such as accounting, finance, and marketing by offering a comprehensive curriculum. The course teaches understudies to make decisions and solve issues, for example, analyzing data and assessing results to pick the best solution and solve problems.
Listed below are some of the top institutes in India that offer the course.
|Name of Institute||City||Average Fees|
|Jain University||Bangalore||INR 1,15,000|
|Christ University||Bangalore||INR 2,12,000|
|HR College of Commerce and Economics||Mumbai||INR 3,133|
|Narsee Monjee College of Commerce and Economics||Mumbai||INR 14,500|
|Symbiosis College of Arts and Commerce||Pune||INR 15,833|
|K J Somaiya College of Arts & Commerce||Mumbai||INR 9,145|
|Mithibai College of Arts||Mumbai||INR 16,661|
|Jai Hind College||Mumbai||INR 3,742|
|St Ann's College for Women||Hyderabad||INR 11,955|
|Psgr Krishnammal College for Women||Coimbatore||INR 681|
|Tolani College of Commerce||Mumbai||INR 18,385|
|N K College of Commerce||Mumbai||INR 17,221|
|University of Rajasthan||Jaipur||INR 3,453|
|Kishinchand Chellaram College||Mumbai||INR 16,248|
|G N K College of Arts, Science & Commerce||Mumbai||INR 18,510|
|Psg College Of Arts And Science||Coimbatore||INR 13,833|
|Sdn Bhatt Vaishnav College For Women||Chennai||INR 30,000|
|Sree Narayana Guru College Of Commerce||Mumbai||INR 17,327|
|The Iis University||Jaipur||INR 37,472|
|Narsee Monjee Institute Of Management Studies||Mumbai||INR 76,000|
|St Joseph's College Devagiri||Calicut||INR 76,000|
|Xavier University||Bhubaneswar||INR 2,33,000|
|University Of Mumbai||Mumbai||INR 5,025|
|Amity University||Noida||INR 62,496|
The basic eligibility required for B.Com. degree in Professional students must have successfully passed 12th Standard/HSC/10+2 (or equivalent Level of Examination) from any recognized Board. Numerous universities prefer candidates with 50% marks for the admission process.
The application process for the course starts with the issue of notification. The detailed information on the application procedure can be obtained from the official web portal of the institution. Quite normally application forms are made available through the authorized web portal of the University that offers the course. It can also be collected from other notified centers. Obtained applications must be filled carefully. This must be done only after understanding the guidelines given in the prospectus. The candidate should also be careful in submitting the application before final date.
Institutes prefer conducting their entranced exams for selection of the appropriate candidate. Some of these are given as follows:
A year-wise breakup of the course’s syllabus is tabulated here.
|Year I||Year II||Year III|
|English (Com. Skills)||Company Law and Secretarial Practice||Management Accounting & Auditing|
|Punjabi/Punjab History & Culture (PHC) (Compulsory)||Corporate Accounting||Direct Tax Laws|
|Business and Labour Laws||Managerial Economics||Banking Theory & Practice|
|Financial- Accounting (Theory and Application)||Cost Accounting||Financial Management|
|Business Management||Windows and Networking||E- Commerce & Applications|
|Q.T. for Business||Indirect Tax Laws||Entrepreneurship and Small Business|
|Computer Applications||Insurance and Risk Mgt.||Additional Assignments Project report Viva Voce and Project Report|
|Additional Assignments Viva Voce Six weeks Practical Training||Environmental Studies||-|
The career opportunities for B.Com. graduates in Professional exist mainly in financial firms and in banking sector. They can also deal with the marketing and sales of banking and insurance products. These professionals can work in accounting section of various industrial houses and governmental firms. They can seek jobs in central government firms like Indian Statistical Institute.They can also get in to various job positions available in various organizations under the Department of Commerce, government of India.
With the tremendous rise in number of Job opportunities in education, government, business, management, MNCs, NGOs, retail sectors, banking, consultancy, finance, FMCG, consumer durables, IT, advertising and media, B.Com. is a necessity, and B.Com. Professional provides a deeper understanding of economic issues which is very useful in managerial position in industries as well as banks. B.Com. Professional course prepares a student to get jobs in national & multinational companies and even govt. jobs. As such job prospects for graduates of B.Com. Professional offer better options.
Some of the popular professional avenues open to successful graduates/ postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Pay Scale in INR|
|Insurance Manager||In charge of managing operations inside an insurance practice. Oversees agents, specialists, and appraisers. Safeguards claims are prepared in an opportune way and resolves issues that emerge amid handle.||730,048|
|Account Executive||Account executives work with a variety of departments, such as marketing, copywriting and art departments, in order to create innovative advertising and marketing campaigns.||358,840|
Actuaries utilize statistical techniques and numerical abilities to evaluate the probability of an occasion and its financial results.
|Business Consultant||Business consultant works with customers on methodology, strategy, arranging, planning and problem solving and helps customers to create business abilities and knowledge.||895,187|
|Auditor||An auditor prepares and looks financial records. They ensure that financial records are exact and that charges are paid suitably and on time.||373,343|