B Com Syllabus & Subjects 2024

BCom subjects are a mix of Economics, Business, Human Resources, Accounting and Management topics. BCom course covers subjects like Financial Accounting, Business Economics and English along with specialised ones such as e-commerce, Corporate Accounting, International Business, Tourism Management, etc. The BCom subjects are divided into six semesters and cover a wide range of topics to provide you with the right knowledge about the Commerce field. 

Below is a table that provides you with an overview of key points related to the Bachelor of Commerce syllabus:

Below listed are some subjects that are available as a specialisation for regular BCom students. These are also available for BCom Hons students.

List of BCom Courses

• Accounting and Finance
• Banking and Insurance
• Financial Markets
• International Finance
• Bank Management
• Computer Applications
• E-Commerce
• Foreign Trade Management
• Investment Management
• Portfolio Management
• Taxation
• Marketing
• Office Management
• Corporate Secretaryship
• Logistics and Supply Chain Management
• Advertising
• Economics and Finance
• Statistics
• Actuarial Science

Below listed are some of the common subjects as per the UGC curriculum guidelines that are included in the BCom 1st year syllabus 2024:

Subjects in BCom 1st Semester:

Financial Accounting
Business Economics
Business Mathematics
Business Regulatory Framework
Business Communication
Environmental Studies

Subjects in BCom 2nd Semester:

Corporate Accounting
Indian Financial System
Business Statistics
Fundamentals of Entrepreneurship
Principles of Management
Business Law

In addition to these, some colleges also include the following subjects in the BCom 1st year Syllabus:

• Company Law
• Cost and Management Accounting
• E-Commerce
• Introduction to Marketing

BCom 1st year syllabus mainly concentrates on building basic understanding in areas like accounting, economics, mathematics and how businesses are managed. The course also starts teaching students about rules that govern business activities. From as early as their initial semester; subjects such as E-Commerce incorporate IT and digital skills. Some minor variations in subject names or sequencing across various colleges affiliated with the University may exist; however, the above list includes a selection of core and common BCom 1st year subjects according to current UGC curriculum norms.

When a candidate gets to the second year of BCom, the subject list updates to the following topics.

3rd Semester BCom Subjects 

In the third semester of BCom, candidates are exposed to corporate accounting topics, how to manage marketing, maths related to business, the Indian banking system in detail, economics, and auditing basics. Consequently, it makes up the following subjects to study:

• Corporate Accounting - 2
• Marketing Management
• Business Mathematics - 2
• Indian Banking System
• Business Economics - 2
• Fundamentals of Auditing

4th Semester BCom Subjects

In the 4th semester or the 2nd year of BCom, candidates come across the basics of income tax, cost accounting, industrial laws, financial services, etc. They get to know what management accounting has in store for them and the second advanced part of business statistics.

• Fundamentals of Income Tax
• Fundamentals of Cost Accounting
• Industrial Laws
• Introduction to Financial Services
• Management Accounting
• Business Statistics - 2

Additional Subjects:

The BCom subjects list does not stop above. Its base expands to the following subjects as well:

• Goods & Services Tax (GST)
• Fundamentals of Financial Management
• Computer Applications in Business

There may be minor variations in the names of subjects or the number of subjects at different universities. However, the purpose of this course at each university or college is to develop advanced theoretical and practical knowledge in accounting, taxation, regulatory, and management aspects of business.

All those candidates who wish to know what they will learn when they reach the third year of BCom should check out the following BCom syllabus PDF 2024:

5th Semester BCom Subjects

The 5th semester of BCom advances students to another level by providing insights into auditing practices, corporate tax planning, CMA, GST, and the Indian financial system working. It also helps shape their career choices. 

• Auditing
• Corporate Tax Planning
• Cost & Management Accounting
• Entrepreneurship Development
• Goods & Services Tax
• Indian Financial System

6th Semester BCom Subjects 

The last semester of BCom allows students to set their minds on the career they want to choose with complete insights into the commerce field. From accounting standards and business policies to corporate laws, financial management, and e-commerce, there’s everything in this semester. Some universities also provide project work or internship opportunities. 

• Accounting Standards
• Business Policy & Strategic Management
• Corporate Law
• E-Commerce & Digital Transformation
• Financial Management & Policy
• Project Work/ Internship

Additional Subjects

More subjects that may be a part of your BCom journey include the following. These subjects will be helpful in the banking, financial, HR, and investments sectors, and corporate governance fields.

• Banking Law and Operations
• Corporate Governance
• Financial Markets & Institutions
• Fundamentals of Investment
• Human Resource Management

BCom 1st year Syllabus is divided into two semesters: Semester I and Semester II. While both semesters cover similar topics, Semester II provides a more detailed exploration of the subjects. BCom Subjects in the first year include Environmental Studies, Financial Accounting, Business Organisation and Management, Business Computing (IT), Principles of Microeconomics, and New Venture Planning, among others.

BCom Semester I Subjects

Environmental Studies: This BCom Subject encompasses a multidisciplinary approach, integrating elements of physics, commerce, economics, and humanities to address fundamental environmental challenges.

Financial Accounting: Financial Accounting is a vital topic within BCom Subjects that falls under the accounting umbrella, focusing on the analysis, reporting, and summarisation of financial transactions related to businesses. This includes the preparation of financial statements intended for public consumption.

Business Organisation and Management: When we mention BCom Subjects a business organisation means an entity formed for the function of doing commercial business. The form and administration of such entities are guided by a set of the laws incorporating the principles of contract and exchange, property rights and incorporation.

BCom Semester II Subjects 

Business Law: BCom Subjects of Business Law encompasses two key areas: regulation of commercial entities through corporate and partnership law, through agency and bankruptcy law as well as regulation of commercial transactions through contract and related areas of law.

Business Mathematics and Statistics:  The subject of business mathematics, especially the financial part of it, is all about profit and loss calculations. Ascertaining the price tag of a product by working through the calculation of profit, margin, cash discount, and trade discount is critical for businesses. Some commercial enterprises utilise business mathematics to let them manage and record their business operations efficiently.

BCom 2nd year Syllabus is a comprehensive course that covers important aspects of management fundamentals, company law, the financial banking system and basic concepts of cost accounting. During the fourth semester, the curriculum is divided into two categories: Group A and Group B. Group A includes seven compulsory subjects, while Group B involves two obligatory subjects.

BCom Semester III Subjects

Company Law: In BCom subjects, Company Law plays a prominent role as it has become a crucial aspect of corporate legal procedures. This area involves the various aspects of administration, organisation or operations within organisations. Along with this, Studies of Competition Law will always be interconnected with this field.

Income Tax Law: The Income Tax Law, which is guided by the 1961 Income Tax Act, is a flagship course in BCom subjects. The study of Income Tax Law in BCom covers the 14 sections and 298 sub-sections of this section in a detailed manner. This subject constitutes the calculation of a taxpayer’s taxable income, the tax due on that income, the allowed appeals process, and the possible penalties for failure to pay taxes.

Computer Applications in Business: Computer applications in business BCom subject deals with the integration of computer technology into decision-making process and problem-solving processes. Students will master the skills associated with advanced word processing, spreadsheets, and presentation programs. This preparation hands off to them the know-how required to acquire the industry-level certifications.

BCom Semester IV Subjects

Corporate Accounting: Corporate Accounting is the basic content of BCom subjects, covering financial elements in business settings. This advocates a variety of financial services and transactions. And for further knowledge, one can explore Financial Accounting-related courses and the BCom 2nd year accounts syllabus.

Cost Accounting: It’s a BCom subject that comes under managerial accounting, and is an important aspect of the course. Its main task is to develop a detailed production cost analysis. It includes a diligent classification of variable costs gained at different production phases and fixed expenses like lease payments.

E-Commerce: Also known as Electronic Commerce, it is a crucial BCom subject in the syllabus. It refers to a form of purchasing and selling goods and services as well as transferring funds and data via electronic networks such as the Internet generally. This influence happens in different ways, such as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, and consumer-to-business transactions.

BCom 5th semester includes a total of 6 subjects. Of these five are compulsory, and the sixth elective subject is chosen from one of the four optional ones.

The BCom 3rd year syllabus 2024 semester 5 has a total of six subjects, five of which are mandatory. For the last topic, it will be taken from the four optional topics. Among the notable features of the Accountancy course is the inclusion of an advanced accountancy paper-I. Similarly, the subject of economics includes international economics.

BCom Semester V Subjects

Principles of Marketing: Companies apply a core of marketing fundamentals, which are commonly known as the 4Ps or the 4P Marketing Framework, to come up with their marketing strategies. These four basic marketing principles—Product, Price, Place, and Promotion—are mutually supporting and they all collaborate as an integrated unit. They all collectively make up the Marketing Mix.

Principles of Microeconomics: Human behaviour in economic or financial settings is known to be forecasted with a framework used as a foundation in microeconomics, and known as principles of microeconomics. These principles embody fundamental notions such as the law of supply and demand, trade-offs, and the quest for utility maximisation. In addition, businesses can also gain from microeconomics.

BCom Semester VI Subjects

International Business: International business refers to any commercial activity conducted across international boundaries. Essentially, it entails the operations of a business that span international borders, involving the exchange of goods or services between different countries. For further exploration, one can consider International Business Courses.

Fundamentals of Investment: Investment is the straightforward practice of acquiring assets with the expectation of their appreciation in value. These assets can encompass a broad spectrum, ranging from real estate, businesses, and houses to financial instruments like savings accounts or certificates of deposit (CDs) offered by banks or credit unions.

Here are some details about the major BCom subjects and their practical use in the business world:

Financial Accounting

It is a base for accounting and deals with accounting for business transactions, cash/ bank balances, preparing balance sheets, and profit & loss statements. It aids financial record keeping and the generation of financial statements used for decision-making by businesses.

Corporate Accounting 

Accounting is done in companies on issuance of securities, corporate restructuring, acquisitions as well as reporting of cash flows. Brings about It involves compliance with corporate laws and financial reporting standards by the organisations. Key for corporate finance roles.

Cost and Management Accounting 

Includes costing methods, budgeting and profitability analysis. Helps companies in inventory valuation, pricing decisions, and cost optimisation which are critical for managing profits and cash flows. Key for management accountants.

Income Tax Law 

Involves computation of tax liabilities, allowable deductions and exemptions for individuals and corporations as per tax statutes. Valuable for accounting and auditing practitioners dealing with taxation issues of their clients. Important from both reputational and financial management angles. 

Auditing 

Auditing skills help to conduct internal audits and verify the genuineness of organisations’ financial statements. It improves transparency, governance and internal controls. Valuable for auditors and finance controllers.

In India, BCom Distance Education courses offer a chance for individuals to get a university education even when they are not able to join usual classes at the campus. This could be due to their work commitments, living distance from universities or having responsibilities towards their family. Open universities and other institutions that provide courses by mail deliver these educational chances across the whole country.

The BCom Distance Syllabus covers various subjects like account finance, costing of keeping accounts, the study of the economy, ways to do marketing well, how to handle companies or groups and knowing about taxes. Students have choices among different extra subjects that let them tailor their education based on their interests and where they envision their work life ahead.

The following table indicates a sample outline of the BCom Distance Syllabus. The course content could essentially be different from one university or school to another providing the same course.

BCom Distance Education 1st Year Syllabus

Semester 1

Semester 2

BCom Distance Education 2nd Year Syllabus

Semester 3

Semester 4

BCom Distance Education 3rd Year Syllabus

Semester 5

Semester 6

However, please note that specific curriculum with regards to elective subjects may differ based on the university or institution offering the BCom Distance Education course. Students are invited to consult their university's curriculum for the most recent and accurate information.

Here's the BCom entrance exam syllabus which covers common subjects that are seen in most BCom entrance exams across India:

Below mentioned table provides some of the top B Com course books that are mostly preferred by students to clear their concepts and ace their exams: