B.Com Full Form

Sudeshna chakrabartiUpdated On: July 19, 2023 03:07 pm IST

B.com full form is Bachelor of Commerce and it’s a 3-year undergraduate degree course in commerce stream. This course is offered by multiple universities and colleges in India. After getting a B.com degree students can also apply for higher studies like M.com, MBA and many more. If you are interested in taking admission then continue reading this article.

 

What is the Full Form of B.Com?

As mentioned above, the full form of B.com is Bachelor of Commerce. The course offers both options full-time and distance to pursue their degree. It is a 3-year course which deals in the commerce field. The course is offered by various universities and colleges located in India. B.com course provides a detailed study on topics related to commerce such as finances, taxation, business, etc.

Eligibility Criteria for Applying to B.Com

Before enrolling into bachelor of commerce (B.Com full form), check whether you qualify the following eligibility requirements:       

  • Age limit: There is no age limit for taking admission in B.Com
  • Educational Qualification: The candidate applying for B.Com should have qualified 10 + 2  in commerce stream
  • Subjects : Applicants should have studied subjects like Mathematics, business studies, and accountancy  in 11th and 12th

Benefits of Choosing B.Com Course

Below mentioned are some benefits of pursuing a B.com degree

  • Better career options: After completing a B.Com degree the graduates can apply for multiple career options in the banking as well as IT sectors.
  • Develops effective skills: This course helps the students to develop strong skills like determination, ability to solve problems, perseverance, etc, which makes a student work better.
  • Multiple areas to work: After graduation, students get work in various fields such as banking, accounting, financial and many more opportunities.

What are the Skills Needed to Pursue a B.Com 

Below mentioned skills must be present in every B.Com student, full form of which is bachelor of commerce.

  1. Teamwork
  2. Logical Reasoning
  3. Analytical
  4. Mathematical Skills

B.com Entrance Exams in India

Below are some popular entrance exams conducted for shortlisting students

  • CUET(Common University Entrance Test) : It was earlier known as central universities common entrance test, it is organized on national level to shortlist students for college/university admissions.
  • DUET (Delhi University Entrance Test): The examination is conducted by NTA and it focuses on selecting students for admissions in various fields in UG and PG programmes.
  • IPU CET(Indraprastha University Common Entrance Test): It is been conducted by GGSIPU for shortlisting students in colleges offering UG and PG courses

About B.Com Syllabus

Students who wants  to take admission in B.com must go through the semester-wise syllabus to get a better idea about the course

1st year

Semester 1

Semester 2

Financial Accounting

Language: English/Hindi

Business Organization and Management

Business laws and ethics

Generic Elective courses: Principles of Microeconomics or New Venture Planning

Generic Elective courses: Principles of Microeconomics or Economics of Regulation of Domestic and foreign exchange markets

Environmental studies

Business Mathematics and statistics

2nd Year

Semester 3

Semester 4

Company Law

Income Tax Laws

Discipline Specific elective courses: Indian economy or financial markets and institutions

Skill-based electives like banking and insurance or financial analysis and reporting

3rd Year

Semester 5

Semester 6

Auditing and Corporate Governance

Fundamentals of financial management

Discipline-specific elective courses like Principles of Marketing or Training and Development

Business communication

Cost Accounting

Discipline-specific elective courses include consumer affairs, small business, entrepreneurship, and office management.  

Computer applications business or advertising

Business Communication

What are the Specialization Subjects in B.Com?

Mentioned below are the specializations subjects in the B.Com course

  • Accounting and Finance: It includes documentation, reporting, and summarizing the work related to business operations.
  • Taxation: It includes in-depth knowledge about accounting, financial planning, economy, taxes etc.
  • Auditing: It is known as the process of reviewing/ examining financial records of business organizations and checking they are according to laws and regulations.
  • Banking and Insurance: To gain knowledge about financial activities for handling banking and insurance effectively.
  • Cost Accounting: It aims to calculate the organization’s total production cost
  • Financial Accounting: It involves gaining knowledge regarding summarizing and reporting of transactions conducted in business operations over a period of time.

What are the career opportunities after B.Com?

Chartered Accountant (CA): This field is very challenging yet reputed as the person is responsible for maintaining, regulating and filing documents related to accounts, auditing, taxes, and management of an organization.

Cost and Work Accountant (CWA):They are responsible for collecting, evaluating and analyzing the financial information.

Business Executive: The person is responsible for helping in the smooth running of the organization.

Tax consultant: They provide advice to people regarding Taxes.

Financial consultant:The person helps the organization in improving and understanding their financial situation.

Accounts Manager: They are responsible for developing and maintaining good relationships with customers, business executives and stakeholders.

Higher Studies Opportunity After B.Com?

Students interested in higher education after completing their bachelor of commerce (B.Com full form) degree can apply to given courses

  • MBA: It stands for Master of Business Administration, it is a PG degree which focuses on providing knowledge on business administration such as accounting, financing, etc 
  • Master in Applied Economics:It is a two year PG course which enhances students knowledge and provides them practical skills in the field of economics.
  • Master of Commerce: It is postgraduate degree which focuses on areas related to commerce such as management, accounting, etc
  • Master in Finance or Accounting: They both are PG degree courses which provide in depth knowledge about finance and accounts.
  • Chartered Financial Analyst: It is known as a designation which is given to candidates who have completed their CFA program and other requirements.·    

Top Recruiting Companies for B.Com Graduates?

Below are some top companies which hire B.com graduates  

  • Citibank
  • Punjab National Bank
  • Ernest and Young
  • HDFC
  • LIC
  • Deloitte
  • SBI

Top B.Com Colleges and Universities in India

Below are the top colleges and universities for B.Com which consists of both private and public  

  •  Apeejay College of Fine Arts, Jalandhar
  • Adarsh Mahila Mahavidyalaya, Bhiwani
  • BK Birla College, Kalyan
  • Christ University, Bangalore
  • Aligarh Muslim University, Aligarh
  • Bangalore University
  • Hindu college
  •  SSRC, Delhi

What is the Salary offered to B.Com graduates?

The B.Com graduates, full form of which is bachelor of commerce, get an average salary of INR 2 – 8 LPA. The salary depends on the organization, location and position offered for the job. It grows after graduating from higher studies.

Below are some prominent careers and average salaries offered to them

  • CA-INR 6.5 LPA
  • SC- INR 6 LPA
  • CWA- INR 7.1 LPA

FAQs

What is the full form of B.Com

The full form of B.com is Bachelor in Commerce  

 

What are the main subjects in B.Com?

The main subjects in B.com are Marketing, Accountancy, Business Studies, Organizational Behavior, and Marketing.  

 

Which course is better B.Com or BBA?

B.Com offers more opportunities than BBA because the degree of BBA focuses on management only.

 

What is the course duration of B.Com?

The B.Com course is of 3 years which can be done in two ways full-time and distance

 

Top