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Know the Difference Between B.Com and B.Com (Hons.)

B.Com and B.Com (Hons.) may look the same but there are some major differences such as the specialisations, salary structure, etc. Get to know the difference between B.Com and B.Com (Hons.) in this article.

 

 

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B.Com and B.Com (Hons.) are two very popular courses among students who have studied commerce in their 10+2. Students who want to know the difference between B.Com and B.Com (Hons.) should understand that B.Com has value in the job market if the candidate has completed his/ her M.Com or MBA whereas, B.Com (Hons.) being a specialization course, offers better job opportunities and good packages than B.Com. B.Com (Hons.) is valued more by experts in the industry. The ‘Hons’ term indicates that a greater emphasis has been placed on the study, specialization and other important aspects. The normal B.Com course provides an overview of commerce-related subjects and a few specialised programmes. 

The B.Com course and B.Com (Hons.) course are 3-year undergraduate courses with almost the same course structure. As these two courses are based on Commerce, the learning method is a bit different and B.Com (Hons.) imparts more knowledge on the marketing and financial aspects. While studying B.Com, candidates can get theoretical knowledge on finance, accounting, business and marketing but with a B.Com (Hons) degree, people can get knowledge only in one subject that will be beneficial for employment. If you are someone looking for attractive packages after completing your degree, then it is advisable to study B.Com (Hons) as B.Com degree holders get less paid. The aspirants are advised to know the difference between B.Com and B.Com (Hons.) and then choose their preferred course among the two. Students can know the difference between B.Com and B.Com (Hons.) if they go through this article.

Difference between B.Com and B.Com (Hons.) Highlights

Students thinking of studying either one of the courses between B.Com and B.Com (Hons.) can follow the table below to know the difference between B.Com and B.Com (Hons.) courses.

Features

B.Com

B.Com (Hons.)

Duration

3 years

3 years

Curriculum

The B.Com course provides an overview of all the subjects in the field of commerce. The subjects taught are the same as B.Com (Hons.). However, students pursuing B.Com will not be able to do a specialisation in a specific subject during their UG degree.

Although most of the subjects taught are the same as BCom, the major difference is that you can specialise in a specific subject or field through the B.Com (Hons.) course. Students can choose to do a specialisation (such as Accounting or Economics) during their bachelor’s degree.

Objective of Course

The B Com course aims to make students familiar with different aspects of the commerce stream. Students pursuing the course will learn how business and trading are done so that they work as accountants or managers. 

B.Com (Hons.) is a business-oriented course that develops the business skills of the students and provides in-depth knowledge of commerce. Students pursuing this course will have an advantage if they want to pursue Chartered Accountancy side-by-side. The job prospects will improve.

Admission Criteria/ Cut-offs

Admission is done based on merit that is the marks scored by the candidates in their class 12 board results. The cut-offs for this course are relatively less than the cut-off for B.Com (Hons.) courses. While some colleges provide admission based on entrance exam scores. 

The admission criterion is the same as the B.Com course. The cut-off for the B.Com (Hons.) course is very high, especially at prestigious colleges like SRCC, Ramjas College, Hans Raj College, etc which are under Delhi University. Depending on the institution, candidates will be selected based on entrance test scores or merit.

Jobs and Salary

Although there are several job options after pursuing B.Com, salary packages are not as attractive as those offered to B.Com (Hons.) graduates. Freshers can expect salary packages up to INR 14,000 to 20,000 per month. Graduates can work as Accountants, Bankers, Tax Consultants, etc.

Salary packages after pursuing B.Com (Hons.) are quite good as the course has high demand in the market. Graduates can expect an entry-level package of INR 25,000 to 45,000 per month. Salaries may vary depending on the college/university from where you have studied. Graduates get to work as Finance Consultants, Marketing Managers, etc. 


Also Read: 5 Reasons to Do MBA After B.Com - Advantages, Career Opportunities

B.Com and B.Com (Hons.) Eligibility Criteria

Before selecting one course among B.Com and B.Com (Hons.), students should be aware of the eligibility criteria for both courses. Get to know the difference between B.Com and B.Com (Hons.) as per their eligibility requirements. 

B.Com Eligibility Criteria

B.Com (Hons) Eligibility Criteria

Aspirants need to complete their class 12th from a recognised board of education in any stream.

Students from any stream Arts, Commerce or Science, can apply for this course. 

Students should try to achieve 50% or above in their 10+2 level so that they can get admitted to various colleges in India.

A minimum of 50% aggregate score or above in 10+2 in the top four subjects from an accredited institution is required for this course.

Admission to this course does not have a specific age limit which means people from any age group, regardless of gender or community background, are accepted.

There is no lower or upper age limit to study BCom (Hons).

Colleges mostly look into the percentage received by the candidate in their 12th board and select based on their academic performance.

The colleges and universities in India either admit candidates based on their merit or the entrance exam score. The entrance exams are conducted centrally like CUET or universities like Christ University conduct their own entrance tests for admission into BCom (Hons) courses.

B.Com and B.Com (Hons.) Specialisations

The BCom course has a few majors focusing on the commerce stream strictly while the B Com (Hons) course has diverse specialisations. The specialisations are job-oriented and develop the skills and expertise of the candidates in a particular field. Candidates should choose any of the specialisations to enhance their job opportunities. However, not all colleges in India provide all the specialisation courses. Find out the difference between B.Com and B.Com (Hons.) below:

B.Com

B.Com (Hons.)

Accounting and Finance

Accounting

Banking and Insurance

Finance

Taxation

Marketing

Marketing

Human Resource Management (HRM)

Human Resource Management

International Business

Entrepreneurship

Banking and Insurance

E-Commerce

Taxation

-

Entrepreneurship

-

Financial Markets

-

Business Analytics


Other B.Com (Hons.) specialisations that are offered by various colleges and universities include the following:

Entrance Exams for B.Com and B.Com (Hons)

The colleges and universities in India provide admission to the B.Com and B.Com (Hons) courses based on the merit of the candidates in the last qualifying examination. However, there are some colleges that accept national-level or institute-level entrance exam scores for admission. Based on what students have studied in their 10+2 curriculum, the questions will be asked in the exam. However, students must prepare for the entrance exams as there is tough competition. The colleges/ universities will release the merit list with the names of the candidates who have cleared the entrance tests. Students who want to know the difference between B.Com and B.Com (Hons.) should be aware of the entrance exams that are conducted to provide admission to both courses. 

Entrance Exam Name

Registration Date

Exam Date

Result

CUET UG

February 27, 2024 to April 5, 2024

May 15 to 29, 2024

On or before June 30, 2024

Symbiosis Entrance Test (SET)

December 13, 2023 - April 14, 2024

SET A - May 5, 2024 (11:30 AM to 12:30 PM)

SET B - May 11, 2024 (11:30 AM to 12:30 PM)

May 22, 2024

Christ University Entrance Exam (CUET)

December 8, 2023 - March 30, 2024 (first session) and May 4, 2024 (for 2nd session)

April 7, 2024 (first session exam) and May 11, 2024 (for 2nd session)

May 19, 2024

AIMA UGAT

January 4, 2024 to June 9, 2024

June 16, 2024

To be Notified

Jamia Millia Islamia Entrance Exam

February 20, 2024 - March 30, 2024

April 25, 2024 onwards

May 17, 2024

NMIMS NPAT

December 6, 2023 to May 20, 2024

January 1 to May 25, 2024

June 2024

PESSAT

October 20, 2023 - April 14, 2024 (for students outside Bangalore) and April 22, 2024 (Bangalore-based campuses)

April 20, 2024 - May 12, 2024

May 16, 2024

B.Com and B.Com (Hons.) Syllabus

The B.Com and B.Com (Hons.) courses are undergraduate degree programmes for 3 years and divided into 6 semesters. Those who want to know the difference between B.Com and B.Com (Hons.) 

B.Com

B.Com (Hons.)

Semester 1

Financial Accounting

Financial Accounting 

Environmental Studies

Business Organization

English Language

Business Mathematics

Business Organisation and Management

Business Communication

-

Microeconomics

-

Computer Applications in Business

Semester 2

Language: English/ Hindi/ Modern Indian Language

Corporate Accounting 

Business Law

Macroeconomics

Hindi/ Modern Indian Language

Business Law

Business Mathematics and Statistics

Environmental Studies 

-

Cost & Management Accounting

-

Indian Financial System

Semester 3

Income Tax Law and Practice

Income Tax

Hindi/ Modern Indian Language

Indian Economy

Computer Applications in Business

Business Statistics 

Company Law

Financial Management 

-

Company Law

-

Marketing Management

Semester 4

Corporate Accounting

Entrepreneurship 

Cost Accounting

Fundamentals of Digital Marketing

E-Commerce

Human Resource Management

Business Communication (English/ Hindi)

Corporate Governance & Business Ethics  

-

Specialization paper 1 (Marketing/Finance/HR)

Semester 5

Principles of Microeconomics

Goods & Services Tax

Principles of Marketing

Auditing 

Indirect Tax Law

Business Research Methods

Human Resource Management

Specialization paper 2

Fundamentals of Financial Management

Specialization paper 3 

Entrepreneurship

Project Work

Auditing and Corporate Governance

-

Semester 6

Fundamentals of Investment

Strategic Management

Banking and Insurance

Specialization paper 4

International Business

Specialization paper 5

Corporate Tax Planning

Specialization paper 6

Computerised Accounting System

Internship + Viva

Office Management and Secretarial Practice

-

Management Accounting

-

Consumer Protection

-

Personal Selling and Salesmanship

-

Indian Economy

-

B.Com and B.Com (Hons.) Colleges in India

Students can find out the colleges in India for B Com and BCom (Hons.) courses in the table below. Those who want to find out the difference between B.Com and B.Com (Hons.) can check out the colleges to understand.

B.Com

B.Com (Hons.)

Hindu College, Delhi

St Xavier's College, Kolkata

Presidency College, Chennai

Loyola College, Chennai

Atma Ram Sanatan Dharm College, New Delhi

St Joseph's College, Tiruchirappalli

Kirori Mal College, Delhi

Rajagiri College of Social Sciences, Ernakulam

Thiagarajar College, Madurai

St Xavier's College, Palayamkottai

V.O. Chidambaram College

St Joseph's College, Devagiri

Daulat Ram College

St Joseph's College of Commerce, Bangalore

St. Xavier`s College, Kolkata

Women's Christian College, Chennai

PSGR Krishnammal College for Women

Hindu College, Delhi

Amrita Vishwa Vidyapeetham

Kirori Mal College, Delhi

Manipal Academy of Higher Education

Shri Ram College of Commerce, Delhi

Madras Christian College, Chennai

Lady Shri Ram College for Women, New Delhi 

Stella Maris College

Sri Venkateswara College, Delhi

Loyola College

Deshbandhu College, New Delhi

Poornima University, Jaipur

Acharya Narendra Dev College, New Delhi

IGNOU New Delhi

Narsee Monjee College of Commerce and Economics

Hemchandracharya North, Gujarat University

Fergusson College

Gujarat University

Symbiosis College of Arts and Commerce

Bangalore Institute of Management Studies, Karnataka

Christ University

Amity University

Presidency College

Also Read:Top Universities in India for B.Com Admissions 2024- Fees, Entrance Exam, Colleges

B.Com and B.Com (Hons.) Career Opportunities 

B.Com and B.Com (Hons.) graduates will get a plethora of job opportunities in India and overseas as the demand for commerce graduates is increasing with each passing year, however, candidates must note that only a B Com regular degree will not land them a decent job. Commerce graduates are encouraged to opt for specialized distance courses like the CA course, CS course, CFA course, CPA, etc. either while pursuing their B Com regular or honours degree or immediately after graduating.

Top B.Com Career Opportunities and Salary

Students must pursue post-graduation in finance, accounting, or commerce after earning their regular BCom degree. A few of the top job opportunities include accountant, banker, insurance manager, etc with a starting average salary of 2 LPA to 6 LPA. 

Job Profiles

Job Description

Starting Average Salary

Accountant

It is one of the best and most popular job roles as every business needs accountants because they are necessary.

INR 2 LPA - INR 3.5 LPA

Stock Broker

A stockbroker is a financial expert who places trades for clients in the market. A stockbroker may also be referred to as an investment advisor or a registered representative (RR).

INR 3 LPA - INR 6.5 LPA

Import-Export Manager

An export-import manager is a must for all businesses that deal with the export and import of goods. An Export and Import Manager's primary duty is to anticipate the flow of commodities between the home country and other nations.

INR 4 LPA - 8 LPA

Tax Consultant

A tax consultant or advisor's main responsibility is to assist individuals and organizations in filing their taxes. They know tax law, tax observance, and tax strategy.

INR 3 LPA - 4.5 LPA

Auditor

An auditor plays a crucial role in a business because they essentially keep an eye on the financial accounts and accounting ledgers of various businesses. The financial accounts of organizations are examined by auditors to make sure they are accurate and legal.

INR 4.4 LPA - 6 LPA

Banker

A banker is a specialist who offers clients financial guidance and suggestions for better money management.

INR 2.7 LPA - 4.5 LPA

Top B.Com (Hons.) Career Opportunities and Salary​

B.Com (Hons.) graduates can get an average starting salary package of INR 2.8 LPA to 8 LPA. Some notable job profiles that offer lucrative salary packages are Chartered Accountant, Finance Consultant, Risk Analyst, Cost and Work Accountant, etc.

Job Profiles

Job Description

Starting Average Salary

Finance Consultant

A financial consultant plans a company's financial destiny. They essentially discuss the lucrative investments and other advantageous planning procedures needed in a business.

INR 5 LPA - 8 LPA

Marketing Manager

A marketing manager is a person who is in charge of an organization's or a product's marketing. He or she might be in charge of several different goods or programmes, or just one and choose the best time to launch a new product or service.

INR 2.8 LPA - 8 LPA

Cost and Work Accountant

The responsibility of the cost and work accountant is to gather, assess, and analyze all financial data from all perspectives before providing the management with an interpretation of the results.

INR 3 LPA - INR 8.8 LPA

Insurance Consultant

An insurance consultant assists individuals or organisations to assess their needs and have insurance plans for sudden risks. 

INR 2.3 LPA - 4.5 LPA

Business Manager

A business manager makes an effort to maintain the business's productivity, efficiency, and organization at all times by establishing operating plans, carrying out performance evaluations, and monitoring all daily activities.

INR 3 LPA - 5 LPA

Chartered Accountant

Chartered Accountants offer financial services to a wide range of customers, including big businesses, the government, and even private citizens. An organization's financial records, tax obligations, and finances are managed by a licensed chartered accountant.

INR 6 LPA - 7 LPA

Risk Analyst

Risk analysts are experts who assist the technical aspect of a company's all-encompassing risk management strategy. Analysts gather and assess risk data, then share their conclusions with managers who utilize them to choose amongst potential solutions.

INR 4 LPA - 8 LPA

B.Com and B.Com (Hons.): Which is better? 

B.Com and B.Com (Hons.) are quite popular among students, and although both courses look the same, there are some minor differences. Individuals who have gone through this article should have understood by now what the courses deal with, the eligibility, syllabus, etc. Both these courses are 3-year undergraduate degree programmes in the field of commerce. When looking at the difference between B.Com and B.Com (Hons.), candidates will notice that the BCom course focuses on the knowledge of commerce as a whole while the BCom (Hons) course focuses on in-depth knowledge of different specialisations of the programme. Another major difference between these two courses in commerce is how they are taught, the BCom (Hons.) curriculum imparts more professional depth and employable skills than the regular B Com course. 

Students who will study BCom will get acquainted with accounts, insurance, finance, etc which will eventually help them secure a job in accounting, finance, insurance and banking fields. A B.Com degree offers students adequate information needed to acquire a generalized understanding of all areas in the Commerce stream. BCom (Hons) on the other hand, is a business-oriented degree that creates the business skills of students and also offers detailed knowledge in the field of Commerce. When you complete a B.Com (Hons) degree, you can gain specialized knowledge in your chosen area of interest which can eventually develop your professional competency. From the BCom course, students get an overview of all the commerce-related topics like accounting, banking, economics, finance, etc. On the other hand, the B.Com (Hons) degree course provides detailed specialized knowledge in the subject of study or the specialisation that the candidate has selected, enhancing professional and marketable abilities. Accountancy, economics, finance, and other fields of commerce could be the specialisation area with a B Com (Hons) degree course. Therefore, BCom (Hons.) is unquestionably superior for more detailed study in the commerce stream.

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FAQs

How important is the B.Com course?

B.Com programme is not valued as much in the business industry unless the students pursue a PG course after this programme, such as an MBA or M.Com. There are job opportunities after completing the B.Com degree, but students should try to get into higher studies to increase their chances of getting into a top company. 

 

Who can take admission to the B.Com course?

Candidates must have passed class 12 or an equivalent from a recognized school board in India and must have mandatorily studied either one or all including business studies/ accounting/ economics/ math, and English in class 12. Some colleges administer entrance exams for B.Com admissions and students who pass the exam are admitted to the degree programme.

 

What specialization courses are offered to B.Com (Hons) graduates?

The specialization courses offered to B.Com (Hons) graduates are B.Com (Hons) Economics, B.Com (Hons) Investment Management, B.Com (Hons) Financial Market, B.Com (Hons) Computer Applications, B.Com (Hons) Statistics, B.Com (Hons) Information Technology, B.Com (Hons) Tourism and Travel Management, B.Com (Hons) International Business, B.Com (Hons) Banking and Finance, B.Com (Hons) Accountancy, B.Com (Hons) Banking and Insurance, etc.

 

Which are some of the B.Com colleges in India?

The B.Com colleges in India are Shri Ram College of Commerce, Hindu College, Lady Shri Ram College for Women, GD Goenka University, BML Munjal University, Hansraj College, NCU Gurugram, IIHS Ghaziabad, Gargi College, Sri Venkateswara College, St. Xaviers College, KPB Hinduja College of Commerce, Mithibai College of Arts, Mulund College of Commerce, KC College, etc.

 

Is it possible to get good jobs for B.Com and B.Com (Hons) graduates?

A wide range of employment is available in commerce, including business management, accounting, taxes, financial management, cost accounting, etc. However, candidates must note that only a B.Com degree will not get them a decent job and they are advised to do specialized courses like CA, CS, CFA, CPA, etc.

What are the employment opportunities for B.Com and B.Com (Hons) graduates?

B.Com graduates get employment opportunities in the Finance Department, Taxation Department, Banking institutions, Insurance Sector, Law Management firms, Accounts Department and B.Com (Hons) graduates can work in departments like Business Consultancies, Stock Trading Companies, Brokerage firms, Banks, Foreign trade, Budget planning, Policy Planning, Inventory control, etc.

 

Which recruiters hire B.Com (Hons) graduates?

The recruiters that hire B.Com (Hons) graduates are Cognizant, Infosys Limited, Bajaj Allianz, J.P Morgan Chase & Co., Deutsche Bank, Conduent Inc., Cybage, IBM Corp., Tata Consultancy Services Limited, Computer Sciences Corporation, Capgemini, Accenture, etc.

 

Can I do an MBA after a B.Com (Hons)?

Yes, you can do an MBA after completing your B.Com (Hons). An MBA degree after your B.Com can immensely boost your career prospects, increase your earning potential and open up new opportunities in the business world.

 

What is the syllabus of B.Com or B.Com (Hons)?

The B.Com or B.Com (Hons) syllabus includes Accounts, English, Economics, Maths/ Computer, Environment & Public Health, Business Communication, Computer Applications & IT, Managerial Communication, Indian Banking System & Central Banking, Elements of Company Law-II, Basics of Cost Accounting Labour, etc.

Which is better B.Com or B.Com (Hons)?

Both degrees expose you to several academic subjects and give you access to a wide range of employment options. As B.Com (Hons) is more business-oriented and in-depth, it is highly suitable for making a great career in Chartered Accountancy.

 

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