B Com - Bachelor of Commerce

B Com full form is Bachelor of Applied Commerce. It’s a three-year undergraduate professional course that covers commerce and other related subjects. B.Com is accredited by the University Grants Commission (UGC), giving students many managerial abilities along with knowledge about finance, accounting, taxation and management.

To be eligible for the B Com admission, you should have passed the 12th standard in any stream with at least 50 percent marks. Normally, admission is given based on merit and entrance exam basis but private colleges might allow direct entry.

The subjects in B.Com syllabus consist of accounts, economics, maths, company law, marketing, IT, tax and banking. The course is divided into six semesters with specialisation provided by few institutions. The best colleges for B Com are Shri Ram College of Commerce, Hindu College, Ramjas College and Loyola College among others. The course fees vary from INR 10,000 to INR 2,00,000 per year.

After finishing the course successfully students can start B Com jobs such as finance managers, accountants, tax consultants, etc. along with an average B.Com salary ranging from INR 6 LPA to INR 20 LPA.

It is imperative for candidates to be aware of the cardinal points related to the BCom course and the highlights section mentioned below will display an overview of all the important information related to the course.

AIMA UGAT 2024 exam date is on June 16, 2024 and registrations got closed on June 9, 2024. 

AIMA UGAT 2024 Admit Card will be available from June 11, 2024. 

SET Result 2024 was released on May 22, 2024.

CUET UG Result 2024 is expected to be released on or before June 30, 2024. 

Here are some strong reasons behind why B Com could be a perfect career choice for you:

• Firstly, it prepares you for highly sought-after skills such as accounting, finance and analysis that can give so much value to your life in many high paying careers. Think of working in a bank, as a consultant or you just establish your business.
• Second, B.Com is incredibly versatile. It is a key that unlocks a variety of opportunities – from managing and marketing to working on human resources, or tax issues.
• Lastly, B Com serves as a good platform to further your studies for advanced business courses. After this base an MBA or a Masters programme will be easier to undertake; these types of courses can take your career up yet another level.

Choosing a B.Com degree can also enhance your critical thinking skills, calculation capabilities, and increase your overall knowledge in finance, accounting, and taxation. Thus, preparing you for high-paying in-demand jobs across the world.

Who should pursue B Com?

You can consider pursuing a B Com degree if you need the following:

• Quantitative Aptitude: Love working with numbers, data analysis, and financial details.
• Business Acumen: Show knowledge of business basics, markets, and economics.
• Analytical Mind: Excel in solving problems, logical reasoning, and finding strategic solutions.
• Communication Skills: Have strong written and verbal communication skills to present ideas well.
• Tech Savvy: Embrace technology and envision its possibility in changing business processes.
• Global Perspective: Are keen on international trade and are aware of interdependence of economies.
• Leadership Potential: Be self-motivated, a team player and be interested in influencing positive change.

Candidates must check the eligibility conditions to confirm they can apply for the B Com course. Below are the listed criteria that applicants should fulfill:

• Candidates must have completed their class 12th from a recognized school board.
• Admission does not have a specific age limit. People from any age group, regardless of gender or community background, are frequently accepted.
• People who have finished class 12th from any stream can apply for the B Com course.
• Getting a minimum aggregate of 50% or above in class 12th is also applicable for admission to various B.Com courses in different colleges.

Having a B Com degree opens doors to many different work opportunities. People need to know all the details about signing up and exams before they apply for BCom courses. Before deciding finally, the applicants can pick their college and understand all about the admissions process. Some colleges allow for direct entry, while others demand that applicants pass entrance tests. 

Also Read: List of Entrance Exams for Commerce Students After Class 12

Below is a list of some of the important B.Com entrance exams in India: 

How to Prepare for B Com CUET Syllabus 2024?

Here are some helpful tips for you to better prepare yourself for the upcoming CUET UG exam for B Com admissions:

• Know the syllabus: Get the official NTA CUET BCom syllabus and analyse it (NTA website).
• Focus on core subjects: Sharpen your skills in English, Quantitative Aptitude, Logical Reasoning and General Knowledge.
• Utilise NCERT textbooks: For a better understanding, look into the NCERT Class 11 & 12 Commerce and Economics books.
• Practise Mock Tests: Practise mock tests and last year’s questions often to get acquainted with the test format and time constraint.
• Sharpen your analysis: Concentrate on understanding concepts, not only learn facts.
• Analyse Strengths: Figure out your strong and weak points, make an improvement plan based on the weightage.
• Current Affairs: Keep informed about business and economic news.

Various universities have B.Com courses that are alike, with a shared group of subjects which aim to give students a full grasp of the degree. These classes intend to ready the students for their study path by showing them what topics they will learn about. The B Com course includes many different subjects, spread out over three years. In the BCom syllabus, you will find topics like Corporate Taxation, Finance Law, Economics and Accounting among others.

B Com Syllabus is divided into 6 semesters spread across 3 years involving major B.Com Subjects like Financial Accounting, Cost Accounting, Business Laws, Organisational Behaviour, Cost Accounting, etc. Candidates can check the general BCom subjects and syllabus as mentioned below:

In this section we will compare the B Com course with other popular courses like B.Com Hons, BBA, and BCA. This comparison will allow you to gain more knowledge about each course and which one would be your best bet.

B Com vs BCom Hons

It is important for students to know the difference between B Com and B.Com (Hons) before applying for admission. Below is a table comparing the two courses:

B Com vs BBA

The choice between BBA and B.Com is a challenge for many commerce students. Briefly put, B Com has a greater range of employment options than BBA, while the Bachelor of Business Administration degree places more emphasis on a general curriculum that includes Finance, Marketing, and Human Resource as well as Management Information System; BCom degree gives students an in-depth understanding of Accounting, Administration, Finance, and Economics. Get to know the difference between the two degrees mentioned in the table below and find which is a better option after 12 for you, BBA vs BCom.

BCom vs BCA

BCA is more for students who have an interest in software development and programming, while B.Com suits those with a career aim towards commerce, finance and business domains. BCA gives you solid coding abilities, whereas B.Com provides a balanced blend of business basics along with IT knowledge. Select one course as per your interests and career objectives.

A lot of institutes in India have started offering BCom specialisations in the form of optional subjects which cater to interests of various students, thus, helping them gain deeper knowledge in their chosen subject during their B.Com degree. Here are some of the best B Com specialisations that you can choose from and don’t forget to check their career scope as well:

Students mostly prefer regular BCom course because it’s the best type of B Com course in India because there’s classroom interaction, doubt clearing, and a better understanding of the topics due to face to face interactions. However, students also prefer distance b.com if they don’t have time to attend regular classes due to their professional work or competitive preparations. Here we have listed some of the best types of BCom courses that you can choose from based on your personal interests and educational goals:

A few of the top government B Com colleges in India as per the NIRF ranking 2023 are as follows: 

Also Read: DU Colleges and Courses with Less than 90% Cut-Off Criteria

A few of the top private BCom colleges in India as per the NIRF ranking 2023 are as follows: 

Here’s the list of institutes offering direct admission to their BCom courses based on class 12th scores: 

After completing the B Com course, the graduates have several avenues in terms of the career path available to them. Among the range of career paths available one may consider accounting, finance, banking, publicity, human resources, and management. Some of the roles the graduates might consider to work as accountants, financial analysts, investment banks, marketing directors, HR experts or business consultants.
Additionally to the above, graduates of the BCom. course also may utilise their skills to pursue a career in government agencies, NGOs as well as start-ups.

There is an option of higher studies, for example, M Com (Master of Commerce), MBA, and various professional certificates including CA, CFA, and CS to gain lucrative career pathways. In addition, the current trend toward hiring workers with specialised skills causes B Com graduates to consider positions in e-commerce, data analytics, and digital marketing. With that said, the B.Com degree remains the basic requirement for various career options while also offering great career growth prospects for business oriented professionals.

B Com Jobs and Salary

A few of the best career options after BCom along with their salaries are given in the table below:

Also Read: List of Top Government Jobs After B.Com - Explore Your Options

BCom Recruiters 

In this section, we have listed some of the top B.Com recruiters in India and Abroad for your reference:

In India:

Hindustan Unilever
Nestle 
ITC
PepsiCo
Coca-Cola
Amazon
Flipkart
HSBC 
JP Morgan Chase
Maruti Suzuki
Larsen & Toubro, etc.

In Abroad:

EY
KPMG
PwC
Deloitte
Amazon
Facebook
JP Morgan Chase
HSBC
Shell
Unilever, etc.

The choice of various courses after B Com depends on what the students want to do after they have finished their studies. Some of the popular options that BCom graduates choose to study are mentioned below:
Masters of Commerce (M.Com): A postgraduate qualification course that takes a period of two years and trains graduates in specialisations in accounting, economics, business, finance, taxation, statistics, management and marketing.
Digital Marketing: A course that takes a short amount of time to cover marketing that is done online using SEO, SEM, SMM, page, email, content, and other related marketing strategies.
Company Secretary (CS): A corporate governance course that enhances students marketability to secure a top paying job in corporate world careers.
MBA: A postgraduate course usually taking one to two years which specialises in areas such as Marketing and HRM as well as finance and others.
Finance: One of the specific courses that teaches students more about financial markets, investments and the trends within the economy.

Also Read: Best Courses After 12th for Commerce Students

Here are some of the top providers for online B.Com courses in India:

An online B Com is a 3-year undergraduate course in Commerce where all you need is a computer and the internet and you don’t have to go all the way to your professor to get knowledge.

Teachers, for instance, with the most experience, tend to go for voice-overs to teach concepts in videos. They then give students, an opportunity to interact through both the prerecorded sessions and live classes.

Most course tutors have recently began to accept that interactive tools have an impact on student performance since they mimic different learning styles. Tools using pictures, simulations as well as case studies have therefore become true assets in the classroom.

Online B.Com courses have special benefits as well as same advantages that regular degree programs exhibit and the curricula covers a broad range of subjects including accounting, finance, macroeconomics, microeconomics, business law and management skills in general.

A few of the major benefits of online B Com courses include the following:

• Study when it suits you best, balancing your learning with job or private life responsibilities.
• Overcome geographical limitations and access programs from prestigious universities worldwide.
• Gaining skill in internet education platforms and electronic messaging is more and more appreciated at work nowadays.
• Avoid expenses associated with on-campus living and transportation.
• Before you decide on this path, think about how you like to learn because studying B.Com online can be challenging with needing self-control, dealing with distractions and keeping your motivation up.

BCom is also very popular abroad due to growing demand for accountants, data scientists, tax consultants, etc. Check out some of the popular institutions and country offering B Com courses  abroad:

If you are planning to pursue BCom from abroad then you must take a look at the rough estimates that will cost to study the course in a foreign location: