Content Curator | Updated on - Apr 1, 2024
Bachelor of Commerce [B.Com] - Latest Notifications
- 30 March, 2024 : IPU CET Application Form Date Extended, Apply Here
BCom stands for Bachelor of Commerce is a 3-year undergraduate course for students who have cleared 12th standard with 50% aggregate. BCom Admissions are based on merit as well as entrance exams such as CUET, PU CET, NPAT, etc. CUET registrations have started and the exam is scheduled on May 15 – May 31, 2024. BCom offers diverse career options in the fields of Finance, Banking, and Accounting, making it a popular choice for Commerce students after class 12. The average BCom course fee ranges from INR 30,000 – INR 1,00,000. After completing a BCom, freshers can earn around INR 3-5 LPA for job roles such as Auditor, banker, consultant, etc. Courses like CA, CS, CMA, or MBA can help upgrade skills and earn potential.
BCom Course Details
BCom Full Form | Bachelor of Commerce |
BCom Duration | 3 Years |
BCom Admission Process | Entrance exam or Direct Admission |
B.Com Eligibility | Pass class 12 in any subject |
Top BCom Colleges | Delhi University, Calcutta University, Mumbai University. |
BCom Average Fees | INR 20,000 – INR 65,000 |
B Com Average Salary | INR 3 LPA |
What is the BCom Admission Process?
B.Com admission takes place either directly on the basis marks in 10+2 exams or on the basis of entrance exams conducted at national or university level:
- Direct Admissions: Direct admission to B.Com takes place through entrance exams. Students are admitted based on their marks in class 12 board exams. The list is prepared after the board exams release their results.
- Entrance Exams: Some universities and colleges like Delhi University admit students to the B.Com course based on their marks in national or state-level entrance exams like CUET, IPU CET and NPAT.
What is the Eligibility Criteria to do a BCom Course?
As different colleges have different criteria, some common eligibility criteria for B.Com admission 2024 are mentioned below.
- Candidates must have completed and passed class 12 or equivalent from a recognized board.
- The minimum percentage for B.Com admission varies from college to college. Delhi University's cutoff for B Com admission ranges in the area of 99%, whereas, for some colleges, it can be a minimum of 45%.
- Students from any stream can apply for B.Com admission but, a candidate can get preference over candidates from other streams if he/she/zee has completed 10+2 with Commerce.
- Some colleges conduct entrance examinations for admissions to B.Com. Candidates qualifying in BCom Entrance Exams are given admission based on marks secured in these examinations.
What are the Entrance Exams for B.Com in 2024?
B Com Entrance Exam and the respective registration and exam dates are mentioned below:
Exam | Registration Dates | Exam Date |
---|---|---|
CUET | February 27 – April 5, 2024 (Extended) | May 15 – May 31, 2024 |
IPU CET | February 1 – March 31, 2024 | April 27 – May 14, 2024 |
NPAT | December 6, 2023 – May 20, 2024 | January 1 – May 25, 2024 |
AIMA UGAT | February 1, 2024 – April 10, 2024 | April 27 – May 14, 2024 |
SUAT | To be Announced | To be Announced |
CUET 2023 Cut Off in Top Colleges
Name of College | B.Com Cut Off (In Percentile) |
---|---|
Lady Sri Ram College for Women | 99-100 |
Bharati College | 99-100 |
Hans Raj College | 99-100 |
Atma Ram Sanatan Dharma College | 99-100 |
College of Art | 99-100 |
Bhim Rao Ambedkar College | 99-100 |
Delhi College of Arts & Commerce | 99-100 |
Deshbandhu College | 99-100 |
Hindu College | 99-100 |
Jesus & Mary College | 99-100 |
What are the Top B.Com Colleges in India?
Region-wise Colleges | Average Fees (INR) |
---|---|
B.Com Colleges in Kolkata | 45,000 - 2,35,000 |
BCom Colleges in Pune | 19,000 - 1,30,000 |
B Com Colleges in Bangalore | 80,000 - 2,55,000 |
B.Com Colleges in Delhi | 12,000 - 30,000 |
BCom Colleges in Mumbai | 5,000 - 95,000 |
What are the Top 10 Govt Colleges for B Com?
College Name | Fees (INR) |
---|---|
Sivanath Sastri College, Kolkata | 11,060 |
Goenka College of Commerce and Business Administration | 1,300 |
Loyola College | 76,000 |
Stella Maris College Chennai | 29,645 |
Mahatma Gandhi College, Thiruvananthapuram | 1,520 |
St. Joseph College Bangalore | 75,000 |
Farook College, Kozhikode | 2,290 |
Presidency College Chennai | 1,250 |
Shri Ram College of Commerce | 29,245 |
St. Albert's College, Ernakulam | 22,500 |
What are the Top 10 Private Colleges for B.Com?
College Name | Fees (INR) |
---|---|
St. Xavier's College Mumbai | 5,537 |
RA Podar College of Commerce and Economics | 40,900 |
Symbiosis College of Arts and Commerce | 19,100 |
HR College of Commerce and Economics | 18,162 |
St. Joseph's College of Commerce | 1,33,000 |
KJ Somaiya College of Arts & Commerce | 9,995 |
Kristu Jayanti College, Bangalore | 80,000 |
Brihan Maharashtra College of Commerce | 9750 |
Loyola Academy Degree and PG College | 30,000 |
St Ann's College for Women, Hyderabad | 11,955 |
What are the Core BCom Subjects?
The B.Com Syllabus subjects help students understand the basics of accounting, business, management, economics etc. The semester-wise syllabus of the BCom course is mentioned below:
B Com 1st Year Subjects
B.Com 1st Year Subjects are mentioned below:
- Environmental Studies
- Language
- Financial Accounting
- Business Laws
- Business Organization and Management
- Business Mathematics and Statistics
- English Language
- Hindi or Modern Indian Language
B.Com 2nd Year Subjects
BCom 2nd Year Subjects are mentioned below
- Company Law
- Business Communication
- Income tax laws
- Cost Accounting
- Hindi or Modern Indian Language
- Corporate Accounting
- Computer Applications in Business
- Cyber Crime & Laws
- E-Commerce
- Investing in Stock Markets
B.Com 3rd Year Subjects
BCom 3rd Year Subjects are mentioned below
- Banking and Insurance
- Management Accounting
- Computerized Accounting System
- Human Resource Management
- Auditing and Corporate Governance
B.Com Elective Subjects
- International Business
- Office Management and Secretarial Practice
- Fundamentals of Investment
- Organizational Behaviour
Why Should You Study BCom?
- Students, after studying B.Com can explore opportunities in Finance and Banking fields. Many students enter the sales and marketing field after B.Com. With experience, there is huge scope in the Sales department in all sectors. Students who want to stick to the finance or commerce stream will also find huge potential.
- The Fintech market in India will reach INR 6.2 trillion by 2025, providing various opportunities for those in the Financial sector. Apart from the rising Fintech sector, there are Mutual Funds and Insurance, which provide varied opportunities within the Financial space.
- The banking sector has a tight grip on the financial sector of India. The total assets held by banks is USD 2.4 Trillion in India. All these assets will be given in credit by the banks to the citizens of India. Banks need people from commerce backgrounds to manage them efficiently. In FY21, USD 1487 Billion was extended as credit and USD 2.06 Trillion was deposited in banks.
Read More: Highest-paying Career Options After BCom
What are the Types of BCom Courses?
Course Name | Duration | Average Fees (INR) | Job Roles |
---|---|---|---|
BCom Hons | 3 Years | INR 42,000 - INR 87,000 | Accountant, Tax Consultant, Financial Consultant |
B Com LLB | 5 Years | INR 30,000 - INR 13,20,000 | Public Prosecutor, Law Reporter, Deputy Legal Advisor |
BCom with CA | 5 Years | INR 1,50,000 | Internal Auditing, Tax Auditing, Forensic Auditing |
BCom + MCom | 5 years | INR 2,00,000 - INR 3,50,000 | Marketing Manager, Finance Consultant, Cost Accountant |
BCom with ACCA | 5.5 Years | INR 28,000 to 2,00,000 | internal auditor, treasurer, business consultant, chief financial officer |
BCom Specialization List
- BCom Accounting and Finance
- B.Com Corporate Secretaryship
- BCom Banking Management
- B.Com Marketing
- BCom E-Commerce
- B.Com Tax Procedure and Practice
Distance BCom Courses
B.Com Distance Education is a 3-6 year correspondence course in the subjects of commerce like accountancy, business, Economics, Management etc. Documents required for Bachelor of Commerce Admission in distance education include Class 12 Boards exam mark sheet, Certificate from the employer, class 12 Pass Certificate and SC/ST/OEC/OBC certificate. The average course fee ranges between INR 15,000 – INR 25,000.
College Name | Fees Structure |
---|---|
IGNOU | INR 8,100 |
Symbiosis Centre for Distance Learning | - |
Sikkim Manipal University | INR 57,700 |
MT Distance and Open Learning Institute | - |
Madhya Pradesh Bhoj (Open) University | INR 2,880 |
Dr BR Ambedkar Open University (BRAOU) | INR 2,000 |
Netaji Subhas Open University | INR 6,300 |
Maharshi Dayanand University (MDU) | INR 8,144 |
Karnataka State Open University | INR 4,700 |
Acharya Nagarjuna University (CDE) | INR 4,320 |
BCom Course Comparison
BBA, BSc, BAF are also popular options for commerce students after class 12th. The sections compare these courses with Bachelor of Commerce.
BCom or BBA: Which is Better?
Particulars | B.Com | BBA |
---|---|---|
Full Form | Bachelor of Commerce | Bachelor of Business Administration |
Admission Process | BCom Admission | BBA Admission |
Focus | It focuses on commerce, economics, business law, accountancy, taxation, and financing. | It focuses on the fundamental understanding of business that strengthens the skills needed, like communication and leadership. |
Top Colleges | BCom Top Colleges | BBA Top Colleges |
Job Roles | Accounts Executive, Accounts Officer, Sales Executive, Sales Associate | Business Development Manager, Operations Analyst, Financial Manager, Accounts Officer |
Expected Salary | B.Com Jobs and Salary | BBA Jobs and Salary |
BCom or BSc: Which is Better?
Particulars | B.Com | BSc |
---|---|---|
Full Form | Bachelor of Commerce | Bachelor of Science |
Admission Process | BCom Admission | BSc Admission |
Focus | It focuses on commerce, economics, business law, accountancy, taxation, and financing. | It focuses on the principles of science subjects like mathematics, physics, chemistry, biology, computer science, and engineering |
Top Colleges | BCom Top Colleges | BSc Top Colleges |
Job Roles | Accounts Executive, Accounts Officer, Sales Executive, Sales Associate | Biochemist, Radiologist assistant, Forester, Ecologist, Financial Analyst, Mathematician, Data Analyst |
Expected Salary | BCom Jobs and Salary | BSc Jobs and Salary |
BCom or BAF: Which is Better?
Particulars | B.Com | BAF |
---|---|---|
Full Form | Bachelor of Commerce | Bachelor of Accounting and Finance |
Admission Process | BCom Admissions | BAF Admission |
Focus | It focuses on commerce, economics, business law, accountancy, taxation, and financing. | It focuses on knowledge and skills in accounting and finance. |
Top Colleges | B.Com Top Colleges | BAF Top Colleges |
Job Roles | Accounts Executive, Accounts Officer, Sales Executive, Sales Associate | Financial Risk Manager, Financial Analyst, Accounting Analyst, Financial Consultant |
Expected Salary | BCom Jobs and Salary | BAF Jobs and Salary |
BCom General vs BCom Hons
Particulars | BCom General | B.Com Hons |
---|---|---|
Focus | It focuses on the basic aspects of commerce like doing business and trading. | BCom Hons focuses on the subjects in more detailedly way with various specializations and electives. |
Top Colleges | B.Com General Colleges | BCom Hons Top Colleges |
Job Roles | Tax Consultant, Export- Import Manager, Accounts Executive, Sales Associate | Chartered Accountants, Company Secretary, Cost Accountant |
Expected Salary | BCom Jobs and Salary | B.Com Jobs and Salary |
What are the Career Options After BCom?
The Career Options After a BCom Degree include roles like Accountant, Financial Analyst, Banking Officer, Tax Consultant, etc. The entry-level salaries for these positions typically range from INR 2.5 - 5 LPA.
Job Roles | Average Salary |
---|---|
Auditor | INR 4 – 9 LPA |
Banker | INR 4.5 – 7.5 LPA |
Stock Broker | INR 2.5 – 6 LPA |
Export-Import Manager | INR 6.5 – 15.5 LPA |
Accountant | INR 3.5 – 6 LPA |
Tax Consultant | INR 7.5 – 10 LPA |
Finance Consultant | INR 6 – 16 LPA |
Insurance Consultant | INR 2.5 – 12 LPA |
Which is the Best Course After BCom Degree?
After completing a BCom degree, students have a wide range of courses to choose from. The best course after BCom degree depends on personal interests, career goals and domain expertise. Here are some popular courses after Bachelor of Commerce degree:
BCom: FAQs
Ques. What is BCom?
Ans. The full form BCom is Bachelor of Commerce. It is a 3-year undergraduate course popular among Commerce students after class 12. BCom is a popular course as it opens career options in the finance, accounting, insurance and similar fields. Students from Science and Arts stream can also pursue BCom, if they have studied Maths in 10+2. Some colleges prefer Commerce students for Bachelor of Commerce admission.
Ques. What is the difference between BCom and BCom Hons degree?
Ans. BCom Hons course is designed to include a more specialized course structure. BCom Hons syllabus includes research projects and inductions to enhance soft skills and managerial skills. Both BCom and Bachelor of Commerce Hons degrees are similar in terms of the theory portions they cover, but BCom Hons degree is more inclined towards a specialization than a generic overview of the finance, accounting, insurance and management disciplines.
Ques. What do you study in a BCom course?
Ans. In a BCom course, students study principles of accounting, finance, economics, business, law and management. The BCom course is designed to provide a comprehensive understanding of the mentioned subjects, preparing BCom graduates for diverse roles in the business and management fields. Apart from theoretical subjects, BCom course also emphasizes on soft skills such as critical thinking, problem-solving, leadership, and communication skills.
Ques. What skills can I develop through the BCom program?
Ans. The BCom program helps students develop analytical skills, problem-solving abilities, communication skills, financial management skills, business acumen, and a deep understanding of commerce-related concepts.
Ques. Are internships or practical training included in the BCom curriculum?
Ans. Many BCom colleges do offer internships, industrial visits, or practical training opportunities to provide students with real-world experience and practical exposure to the corporate environment.
Ques. Can I do BCom without maths?
Ans. Yes, you can pursue a BCom course even if you are not from a maths background. But in terms of the subjects the BCom curriculum covers, you need to have a sound knowledge of mathematics up to high school level, since BCom subjects are related to finance, accounting, economics, insurance, and management fields. However, in terms of eligibility criteria, it is not a stringent requirement.
Ques. What is the eligibility criteria for BCom admission?
Ans. To pursue a BCom course, students must score a minimum of 50% marks in their 10+2 with Commerce stream. Top colleges and universities such as DU, IPU, etc. offer BCom Admissions based on an entrance exam such as CUET and IPU CET respectively.
Ques. What is the scope for a BCom graduate?
Ans. In terms of future scope, BCom graduates get plenty of options to choose from. For instance, one can either work in MNCs and banks under fancy job designations or pursue their desired course like - CA, CS or MBA, to take their academic journey forward.
Ques. What type of job opportunities are available for BCom graduates?
Ans. Students have plenty of BCom jobs in government as well as private sectors to choose from provided that they are not limited to careers in accounts and finance. Popular job profiles after BCom include Accountant, Account Executive, Tax Consultant, Bookkeeper, etc.
Ques. What are the higher study options after BCom?
Ans. Students can either go for integrated BCom courses, depending on their area of interest. Integrated BCom courses include BCom LLB, BCom MBA, or BCom CMA. Integrated BCom courses combine business and legal and/or managerial expertise, which helps students enhance their skill set for various legal, management, or business-related roles. They can also pursue professional courses like CA, CS, CMA, or MBA to upgrade their skills and earning potential. Pursuing professional courses after BCom helps graduates earn a more lucrative salary ranging between INR 5 - 10 LPA which increases with experience.
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The CUET UG 2024 exam will be conducted between May 15 - 31, and the admit card will be released in the 2nd week of May. The CUET registration process started on Feb 27 and will end on March 26 at 11:50 PM. You can visit the official website @exams.nta.ac.in/CUET-UG to register for the entrance. CUET UG is mandatory to seek BCom Admissions in top colleges such as SRCC, Hansraj College, Gargi College, LSR, etc.
Mount Carmel College Bangalore offers BCom (General), BCom (International Accounting and Finance), BCom (Business Process Services), BCom (Corporate Finance), BCom (Investment Banking), BCom (Strategic Finance), BCom (Industry Integrated), and BCom (Professional). All of the BCom programs are 3-years in duration. Mount Caramel College also offers a good placement trend. Several companies also offer internship opportunities and pre-placement offers to MCC Students. The average package offered at Mount Caramel College Bangalore for BCom graduates ranges between 4 - 5 LPA.
Ph.D. stands for Doctor of Philosophy. A Ph.D. holder is eligible for a professorship at the college/university level. Apart from that, Ph.D. holders contribute to the field of research and development. Ph.D. is a research-based course that you can pursue after your master's. This means that you can opt for a Ph.D. after your MCom, and not right after your BCom. Different colleges have different eligibility criteria for PhD admissions. You can sit for the UGC NET exam to qualify as a JRF/Assistant Professor after your MCom.
Gargi College allows admission to its BCom and BCom Hons. based on a valid CUET UG score. The seats for UG programs at DU colleges are allocated through the CSAS portal. You can register for CUET UG at @exams.nta.ac.in/CUET-UG and the exam will be conducted from May 15 - 31, 2024.
SRCC New Delhi offers BCom Hons admissions based on CUET (UG) scores, followed by a counseling process. The eligibility requirement for BCom Hons. admission at SRCC is at least 45% aggregate in +2 with Mathematics/ Business Mathematics as one of the subjects. CUET will be conducted between May 15 - 31, 2024, to offer BCom Admission at SRCC.
KSKVKU is a well-known university in Kachchh, Gujarat. It is highly ranked for its BCom program in the region. It offers top-notch academics, faculty, and infrastructure for BCom. Apart from this, it also offers a good social life.
Yes, SRM University Sonipat offers a 3-year BCom Hons. course. The first-year course fee for this course is INR 1.06 lakhs. This includes INR 70,000 as tuition fee, INR 10,000 as registration fee, and INR 26,000 as other fees. The course fee for the remaining two years is INR 86,000 per year. This fee structure does not include the hostel fee.
Since 2022, all regular (full-time) colleges affiliated with Delhi University offer BCom Admission based on a candidate's performance in the CUET entrance exam. However, the School of Open Learning (DU SOL) is the only DU-affiliated college that offers BCom Admission for the Distance BCom Course based on merit and there is no need to appear for the CUET exam.
GNLU Gandhinagar, SASTRA University Thanjavur, Manipal University Jaipur, Al-Azhar Law College Thodupuzha, and IMS Law College Noida are some of the top colleges for a BCom LLB / BCom LLB Hons.
Yes, BCom. Accounting and Finance is a good course. After completing this degree, you can work as a Business Analyst, Market Analyst, Financial Analyst, Investment Banker, etc. You can work in various sectors like Education, Banking, Investment Banking, Auditing, etc.
A BBA is better for an MBA. Its curriculum is more in line with that of an MBA, so it offers a better foundation for this postgraduate degree. The case studies offered in a BBA provide the students with better insight into real-world business situations.
SRCC, LSR, Hindu College, Hansraj College, Sri Venkateswara College, and Gargi College are the top choices in Delhi NCR for BCom/ BCom Hons. All of these colleges are a part of Delhi University. Indraprastha College for Women (DU) is another good choice for BCom. Hons.