B.Com Vs B.A. Economics

Simran Saini

Updated On: July 26, 2023 11:40 AM

Confused about whether to take up B.Com or B.A.Economics? You can go through the article given below to know about the differences between B.Com and B.A. Economics, background, career scope etc.

Difference between B.Com Vs B.A. Economics

B.Com and BA Economics are popular undergraduate courses, and it is often witnessed that students are confused about the difference between the two courses. What is important for the aspirants is to know that there is no one choice they can make. To choose between B.Com and BA Economics you should ensure that you pick the one that matches your interest. Students with an aptitude towards banking, and businesses should go for a B.Com course whereas those interested in demand and supply and the behaviour of goods can take up BA Economics.

In this article, we will explain to you the difference between B.Com and BA Economics so aids you in making the right choice and a successful career in the end!

Difference between B.Com and BA Economics

Here’s the difference between B.Com and BA Economics. Details such as the course, background, popular subjects, higher education and career scope of these two courses can be checked here:

Particulars

B.Com

BA Economics

Course Duration

3 years

3 years

About the Course

B.Com is the most popular degree in the field of commerce and related streams. A degree in B.Com gives you a broad overview and knowledge about the major areas in commerce, including Finance, Accounting, Economics, Insurance, Taxation, and Management. It helps form a good base for a career in commerce and related professionals such as CA, CS, CFA, and CMA among others

BA Economics is a UG course that focuses on both qualitative and quantitative aspects of Economics. The degree focuses solely on Economics concepts and focuses on areas such as inflation, resource management, supply, cost and demand behaviour of a good. The major subjects include Microeconomics, Macroeconomics, Statistics, and Econometrics, among others. It helps form a good base for a career as Economist.

Background

If you are a Science student then it will be initially tough for you as you will not have much knowledge about the B.Com course. Mathematics is not compulsory to pursue B.Com.

When it comes to BA Economics it will be a lot easier for Science students as it involves Statistics and Mathematics. Mathematics is a compulsory subject to pursue BA Economics.

Higher Education

After completing B.Com, most students who want to pursue higher education opt for professional courses such as CA, CMA, CFA, CS, etc.

B.Com is a part of the commerce-oriented field, therefore, students can go for a master in Accounting/ Finance such as M.Com, Master of Finance and Accounting.

Most of the candidates after pursuing BA Economics go for a master's degree in Economics/ Applied Economics followed by a PhD in the same.

Apart from this, there is a range of options for graduates in the field of Development Studies, Rural Development, and Public Policy.

B.Com is the right career option for those of you who are interested in making a career in the field of Finance or Accounting. It is also recommended if you are confused about the career choices as B.Com offers a wide range of career options. If numbers are your thing and you are sure about your analytical skills BA Economics is for you. Looking forward to making a career in public policy, consultancy, and insurance, BA in economics is a perfect choice.

Also Read: B.Com General Vs B.Com Computers - Which is Better After 12th?

B.Com Vs BA Economics: Eligibility Criteria

B.Com and BA Economics are UG-level courses and the eligibility requirements are somewhat different. Check out the table below to find out the eligibility criteria for B.Com and BA Economics:

B.Com

BA Economics

Aspirants should have completed their class 12th from a recognized school board.

There is no set age limit or gender preference for B.Com admission.

Candidates who have passed class 12th in any stream are eligible to apply for a B.Com course at their preferred colleges.

While there is no minimum aggregate marks requirement in Class 12th but it is best to have an overall 50% percentage or above to get admission to good institutions.

Students must pass their class 12th or equivalent exam from a recognized board with a minimum of 45% to 50% aggregate or equivalent CGPA from a recognized board of education.

Candidates should have studied Economics or Statistics or other subjects with Maths as a compulsory subject in their 10+2 to get BA Economics admission.

There is no given age limit for BA Economics admission; applicants of any age group are welcome

B.Com Vs BA Economics: Syllabus

B.Com syllabus covers all that is a part of the banking, taxation and insurance field and BA Economics deals with demand, supply, fixed and variable costs and other important subjects related to the subject. Check out the B.Com and BA Economics syllabus from the table below:

B.Com

BA Economics

First Year

Semester I

Business Organisation and Management

Inductive & Deductive Logic, Merit, and Demerits

Environmental Studies

Evolution and Definition of Economics

Financial Accounting

Methods of Economics Analysis

Commercial Laws

Utility Demand, Supply

Principles and Practices of Management

Demand- Supply Equilibrium

Interdisciplinary Psychology for Managers

Indifference Curve: Consumer equilibrium (Hichs & Slutsky)

Commercial Laws

Laws of Production

English Language

Derivation of Demand Curve

Business Economics-I

Approaches to Demand

Semester II

General electives like: Principles of Microeconomics or New Venture Planning

Economics of Scale

Language: English/ Hindi/ Modern Indian Language

Accounting, Opportunity, Total Fixed and Variable Costs

Business Mathematics and Statistics

Concept of Revenue

Business Laws and Ethics

Total, Marginal & Average Revenue

Business Economics - II

Perfect Competition Characteristics

Interdisciplinary E-Commerce

Concept and Classification

Corporate Accounting

Marginal & Average Costs & their Relationship

Environmental Studies

Price Discrimination

-

Monopolistic Competition

-

Factor Pricing

-

Theories of Wages and Rent: Classical and Modern

-

Profit: Net and Gross

Semester III

Income Tax Law and Practice

Demographic Features

Computer Applications in Business

Structure of Indian Economy - Primary, Secondary & Tertiary Sectors

Company Law

Population, Size, Sex, Rural-Urban Classification

Hindi/ Modern Indian Language

Trends in Agriculture Production and Productivity

Cost Accounting

Cropping Pattern

Interdisciplinary Issues in Indian Commerce

Recent National Population Policy

Business Mathematics and Statistics/ Operations Research (Advanced)

Land Reforms: Green Revolution

Banking and Insurance

Small Scale and Cottage Industries- Meaning, Importance and Problems

Semester IV

E-Commerce

The Infrastructure of the Indian Economy

Corporate Accounting

Banking and Insurance

Cost Accounting

Human Infrastructure of the Indian Economy

Business Communication (English/ Hindi)

Housing and Sanitation

Quantitative Techniques and Methods

Cropping Pattern

Competition and Consumer Laws

Agro-Climatic Zones

Indirect Tax Laws

Production and Productivity of Main Corps

Marketing Management

Sources of Credit in Agriculture, Irrigation

Cost Management

Health, Nutrition, Education, Knowledge, and Skills

-

Natural Resources- Forest, Water & Mineral

-

Economy- Land, land Utilization Pattern

Semester V

Principles of Macroeconomics

Keynesian Theory of Employment

Indirect Tax Law

National Income and Economic Welfare

Principles of Marketing

Classical Theory of Employment

Human Resource Management

Aggregate Demand and Supply Functions

Auditing and Corporate Governance

Effective Demand

Entrepreneurship

Circular Flow of income

Fundamentals of Financial Management

Macro Variables- Stock and Flow

-

Concept of National Income- GDP, GNP

-

Saving Function & Sources of Saving Mobilization

Semester VI

Fundamentals of Investment

Public Finance in India

International Business

Public, Private, and Merits Goods

Computerised Accounting System

Bank- Meaning and Types

Banking and Insurance

Principle of Maximum Social Advantage

Office Management and Secretarial Practice

Sources of Revenue- Taxes, Loans, Grants, and Aids

Management Accounting

Fiscal Deficit

Personal Selling and Salesmanship

Public, Private, and Merits Goods

Indian Economy

Constitution and Function of Finance Commission

Consumer Protection

Latest Budget

Corporate Tax Planning

Objectives and Limitations of Monetary Policy

B.Com Vs BA Economics: Top Colleges

Presented here is the list of top colleges for B.Com and BA Economics courses. Find the college that will provide proper education, job opportunities, etc.

B.Com Colleges

BA Economics Colleges

T C Business School, Jaipur

Delhi School of Economics

Sri Guru Gobind Singh College of Commerce, Delhi

St. Stephen's College

MCC - Madras Christian College, Chennai

Presidency College

Sri Venkateswara College, University of Delhi

St. Xavier's College

Ramjas College, Delhi

Loyola College

Lady Shri Ram College for Women, Delhi

Shri Ram College of Commerce (SRCC)

Kirori Mal College, University of Delhi

Christ University

Hindu College, Delhi

Madras Christian College

Gargi College, University of Delhi

Hindu College

Hansraj College, Delhi

Jesus and Mary College

Amity University, Panjab

Kamala Nehru College

Alliance University, Bangalore

SIES College of Arts, Science, and Commerce

Symbiosis College of Arts & Commerce, Pune

Wilson College

Narsee Monjee College of Commerce & Economics, Mumbai

Mithibai College

St. Joseph's College of Commerce, Bangalore

Bangalore University

Loyola College, Chennai

MES College of Arts, Commerce, and Science

Kristu Jayanti College, Bangalore

Jadavpur University

Chanakya University, Bangalore

Presidency University, Kolkata

Lovely Professional University, Jalandhar

Bhawanipur Education Society College

Also Read: BA (Hons) Economics: Course Detail

B.Com Vs BA Economics: Career Prospects

The top career options after graduating with the B.Com degree are great and come with good  salary packages. While BA Economics is a good degree and has lots of job opportunities. Career opportunities for BA Economics graduates are available both in the public and private sectors, including the Indian Economic Services, Indian Civil Services, National Sample Survey, Ministry of Economic Affairs, Planning Commission and National Institute of Public Finance and Policy. Find here the career prospects for the B.Com and BA Economics courses and find out which course is suitable for you.

Features

B.Com

BA Economics

Job Profiles

Bank PO

Finance and Budget Analyst

Accountant

Investment Banker

Stock Broker

Market Analyst

Retail Manager

Economist

Investment Banker

Business or Economic Writer/Journalist

Account Executive

Investment Administrator and Analyst

Insurance Agents

Sales Executive or Analyst

Tax Consultant

Data Analyst

Audit Managers

Lawyers

Financial Risk Managers

Research Associate

Salary Packages

The average salary of a B.Com graduate lies between Rs. 3.5 to Rs. 5 LPA

BA Economics graduates can earn up to Rs. 3 lakh to Rs. 4.5 lakh at the start of their career

Top Recruiters

Bajaj Allianz

Wells Fargo

Ernst & Young

Berkshire

IndusInd Bank

Citigroup

KPMG

Bank of America

Price Waterhouse Cooper (PwC)

JP Morgan Chase

Deloitte

AXA

Punjab National Bank

HDFC Bank

LIC

Deloitte

Also Read: Best Career Options After BA Economics - Check Scope, Job Profile, Salary and Courses

B.Com Vs BA Economics- Which is better?

Every course is equally valuable and it only depends on your career aspirations and preferences. However, one should always choose a course over college rank.

BA Economics is considered better than B.Com, as students with BAEconomics stands a higher chance to get hired for the same job than a B.Com (with all other aspects being equal). The reason being, BA Economics is a more focused and specialised course, unlike B.Com which is a general accounting course.

Further, the perception of BAEconomics is better than B.Com, as the overall scope of Economics when it comes to higher studies and specialisation is pretty vast as compared to Commerce.

However, your grades, your college, etc., matter too. Hence, a BAEconomics from a lower tier college with average grades might struggle, than a B.Com student with good grades from a reputed commerce college.

So choose the one which suits you better, and make sure you get into a top college and score consistently good grades.

One can also check out and compare the syllabus of both courses. Economics needs more logical and spatial knowledge while being good at mathematics would be an advantage in this subject. For Commerce, you need to have an interest in trade and accounting stuff, and though you need not be a master in maths, at least an above-average level of maths and logic could serve you better, as after all accounting is all about numbers.

Related Articles

Click on the links given below for related articles:

I hope the differences between B.Com and BA Economics is clear to you in the article given above. If you are still unsure about the right career and course option for you after 10+2, fill out our common application form for expert help!

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FAQs

What are the important subjects for the BA Economics course?

The important subjects for the BA Economics course are Introductory Economics, Statistical Methods in Economy, Mathematical Methods in Economics, Introductory Macroeconomics, Intermediate Microeconomics, Intermediate Microeconomics-II, Economy, State, and Society, Public Economics, Political Economy, etc.

What is the scope of higher education after graduating with a B.Com degree?

After graduating with a B.Com degree, most students who want to pursue higher education opt for professional courses such as CA, CMA, CFA, CS, etc. As B.Com is a part of the commerce-oriented field, therefore, students can go for masters in Accounting/ Finance such as M.Com, Master of Finance and Accounting.

 

What are the eligibility criteria for the BA Economics course?

To study the BA Economics course, candidates must pass their class 12th or equivalent exam from a recognized board with a minimum of 45% to 50% aggregate or equivalent CGPA from a recognized state board of education. Some institutions may require a candidate to have passed Mathematics, Statistics, or Economics in 10+2 or equivalent examinations. However, there is no given age limit for BA Economics admission; applicants of any age group are welcome.

 

What are the skills required for the BA Economics and the B.Com courses?

The BA Economics candidates should possess skills and qualities like Management Skills, Analytical Skills, Problem-Solving Skills, Mathematical Skills, Effective Communication skills and Good Work Ethics. The B.Com graduates should have good Analytical skills, Innovation skills, Accounting skills, Leadership skills, Knowledge about taxes, etc.

 

What is the course fee for the BA Economics program?

The course fee for BA Economics ranges from Rs.10,000 to Rs.20,000. In some private colleges, the course fees can go up to Rs. 40,000 annually. 

 

Which are the best BA Economics colleges in India?

The best BA Economics colleges in India are St. Stephen's College, Presidency College, St. Xavier's College, Loyola College, Shri Ram College of Commerce (SRCC), Christ University, Madras Christian College, Hindu College, Jesus and Mary College, Kamala Nehru College, Jadavpur University, Presidency University, Kolkata, Bhawanipur Education Society College, etc. 

 

Which are the best BA Economics colleges in India?

The best BA Economics colleges in India are St. Stephen's College, Presidency College, St. Xavier's College, Loyola College, Shri Ram College of Commerce (SRCC), Christ University, Madras Christian College, Hindu College, Jesus and Mary College, Kamala Nehru College, Jadavpur University, Presidency University, Kolkata, Bhawanipur Education Society College, etc. 

 

What are the job opportunities for the BA Economics course?

The job opportunities for the BA Economics course are Finance and Budget Analyst, Investment Banker, Market Analyst, Economist, Sales Executive or Analyst, Data Analyst, etc. BA Economics graduates have a strong foundation in economic principles, data analysis, etc which are highly sought after in various segments. 

 

What subjects are taught in the B.Com curriculum?

The subjects taught in the B.Com course are Business Organisation and Management, Business Mathematics and Statistics, General electives, Environmental Studies, Business Laws and Ethics, Financial Accounting, Corporate Accounting, Cost Accounting, Computer Applications in Business, E-Commerce, Banking and Insurance, Indirect Tax Law, International Business, etc.

 

Which are the top colleges for the B.Com program?

The colleges where candidates can take admission to the B.Com program are Sri Venkateswara College, Ramjas College, Delhi, Lady Shri Ram College for Women, Delhi, Kirori Mal College, Hindu College, Delhi, Gargi College, Hansraj College, Delhi, Amity University, Panjab, Alliance University, Bangalore, Symbiosis College of Arts & Commerce, Pune, Narsee Monjee College of Commerce & Economics, Mumbai, etc.

What should be the eligibility requirements to study B.Com?

To study B.Com, candidates must have completed their 10+2 from a recognized school board. There is no minimum aggregate marks requirement in Class 12th, but it is good to have an overall percentage of 50% or above to get admission. Students who are from a Commerce background will get preference during the admission process.

 

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