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.
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 | ||
Market Analyst | ||
Business or Economic Writer/Journalist | ||
Account Executive | Investment Administrator and Analyst | |
Sales Executive or Analyst | ||
Tax Consultant | Data Analyst | |
Lawyers | ||
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:
Best B.Com & M.Com Courses in 2023, List of Commerce Courses, Honours Subjects, Specializations | |
Top Distance B.Com Colleges in India - Fee, Eligibility, Admission Process |
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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