B.Com: Course, Admission, Syllabus, Colleges, Jobs, Scope

  • By Sneha Dasgupta
  • 29 December 2021
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Bachelor of Commerce, commonly known as B.Com, is a three-year degree course for undergraduates. It is recognized by the UGC or Universities Grants Commission as well. B.Com is one of the most sought-after courses for the 12th standard graduates of commerce stream. Apart from it, students can also opt for B.Com (Honors) to gain in-depth and comprehensive knowledge in commerce. 

In particular, B.Com has been explicitly designed to impart and enrich business intelligence, financial knowledge, and analytical competence. It emphasizes the theoretical aspects, thus enhancing the conceptual literacy in core subjects of commerce. To sum it up, a B.Com degree helps the candidate familiarize and understand a business enterprise's financial practicalities.

About B.Com Course

B.Com offers a concrete understanding of the subjects such as accountancy, taxation, management, economics, business law, and insurance too. One can pursue the course in distance learning mode as well. There are two types of B.Com courses, such as B.Com general or pass the course and B.Com honours. The latter provides wide-ranging knowledge regarding the specialization subjects of the course. 

However, many universities also offer an integrated degree for B.Com. Thus, students can pursue dual specializations such as B.Com LLB, B.Com CMA, B.Com CIMA, B.Com ACCA, B.Com, B.Com MBA, and many more.

B.Com Course Details

Degree Type Bachelor
Course Name Bachelor of Commerce or B.Com
Examination Type Semester-wise
Duration Three years
Course Fee 10,000 to 1 Lakh (depending on the college)
Admission Criteria Merit-Based, Direct Admission, or Entrance Examination 
Eligibility  10+2 certificate (any stream) from a recognized board 
Average Salary Package  1.5 to 9 Lakh
Job/Career Prospects CA, CS, Banking, Management, Accountant, Tax Officer, Finance, Insurance 
Entrance Tests NPAT, IPU CET, DUET, SUAT, CUET, BHU UET, DSAT

Semester-Wise B.Com Syllabus

The course comprises six semesters with a total duration of three years. Likewise, the students can opt for an elective subject as per their choice in specific semesters. Usually, the Bcom Syllabus includes crucial topics such as business law, auditing, financial accounting, economics, cost accounting, taxation, etc. Here are the semester-wise details of the B.Com course list

                                    B.Com 1st Year Course Syllabus
1st Semester 2nd Semester
Business Organization and Management Language
Environmental Studies Business Mathematics and Studies
Financial Accounting Business Laws
Elective: Principles of Micro EconomicsNew Venture Planning Elective: Principles of Macro EconomicsEconomics of Regulation of Domestic/Foreign Exchange Markets

                                    B.Com 2nd Year Course Syllabus
3rd Semester 4th Semester
Income Tax Laws Corporate Accounting
Company Laws Indirect Tax Laws
Discipline-Particular Elective:Financial Markets/InstitutionsIndian Economy Discipline-Particular Elective: Industrial LawsHuman Resource Management
Skill-Driven Subject: Financial Analysis/ReportingBanking and Insurance  Skill-Driven Subject: Investing in Stock Markets, E-Commerce

                                    B.Com 3rd Year Course Syllabus
5th Semester 6th Semester
Cost Accounting Business Communication
Auditing & Corporate Governance Fundamentals of Financial Management 
Discipline-Particular Elective: Training & DevelopmentPrinciples of Marketing  Discipline-Particular Elective: Consumer Affairs/Customer CareOrganizational BehaviorInternational BusinessEntrepreneurship and Small BusinessOffice Management & Secretarial PracticeFundamentals of InvestmentIndian Polity & GovernanceCorporate Tax PlanningManagement Accounting
Skill-Driven Subject: Advertising, Computer Applications in Business Skill-Driven Subject: Cyber Crimes & LawsPersonal Selling and Salesmanship

Why a B.Com?

A B.Com degree provides an opportunity to make a career in accounting, Banking, Finance, and Insurance. Further, the course imparts the financial knowledge and business skills required for the professional world. 

Moreover, the commerce graduates can prove their understanding of capital management, budget planning, accounting, and investment banking. However, B.Com provides versatile financial literacy that makes students capable of pursuing CS, CA, CMA, M.Com, and MBA courses. Above all, a decent salary is another reason due to which B.Com is preferred by many. 

Who Should do a B.Com?

Undoubtedly, B.Com is the pathway for the candidates who want to make it big in the financial sector or corporate world. Apart from it, B.Com is the preferable degree to enter the commerce or management field. 

On the other hand, B.Com delivers the fundamental knowledge of M.Com to the students. Because of it, the M.Com aspirants consider a B.Com degree as the first choice. On another note, the demand for B.Com graduates has significantly increased in the private and government job sectors.

B.Com Eligibility Criteria

Different colleges follow different eligibility criteria for giving admissions in B.Com. Commonly, most colleges follow the below-mentioned criteria for B.Com graduation.

  • The student must have a class 12 certificate or equivalent from any recognized boards.
  • Nevertheless, the minimum cut-off percentage would vary as per the college, and Delhi University releases a cut-off close to 99% for seeking admission into B.Com. Contrary to this, some colleges keep the cut-off in the range of 45-50%.
  • Although students from all the streams are eligible for admission; more preference will be given to students who had commerce in 10+2
  • Most leading colleges conduct entrance tests or examinations for providing admissions. The candidate will get selected based on marks or performance in the exam.

B.Com Admission Process

The admission process for B.Com would differ from one college to another. Here are the two methods through which most colleges give admission to the candidates.

  • Direct Selection or Admission: In the case of direct admission, the colleges do not conduct any entrance test. Hence, students are selected based on the marks scored in the 12th standard board exams. Moreover, the admission chances would also depend on the number of seats available for that particular course in the college. 
  • Admission through Entrance Examination: Leading colleges and universities such as Delhi University provide admissions in B.Com based on students' performance in the entrance test. For this purpose, there are specific state and national levels entrance examinations such as BHU, IPU, DUET, CET, SUAT, and many more. 

Required Skills for a B.Com

A B.Com candidate must be proficient in accountancy and financial literacy. Besides, they should have sound basic knowledge of the core commerce subjects such as economics, business studies, entrepreneurship, human resource management, and taxation. The candidate must also have good analytical expertise with insight for management. For acing B.Com, you must possess the following skills:

  • Financial analysis and numeracy skills
  • Problem-solving and effective communication skills
  • Good leadership qualities
  • Analytical and creative skills

B.Com Specializations

B.Com aspirants have versatile options for specializations in the commerce stream. However, the specializations would differ as per the college or university. Most importantly, the specializations determine one's career pathway and scope. Thus, it becomes more crucial to pick the specialization wisely as per the skills and interests. Here are the most popular B.Com course list specializations:

Business Economics International Business
Accounts and Finance Statistics
Banking and Insurance  Accountancy
Economics Information Technology
Computer Applications Tourism and Travel Management
Financial Market Banking and Finance
Investment Management  E-commerce
Foreign Trade Management Taxation and Auditing 

B.Com Entrance Exams in India

DUET The Delhi University Entrance Test is mainly conducted by NTA or National Testing Agency to get admissions into Delhi University's offered courses.
IPU CET The Guru Gobind Singh Indraprastha University directs Indraprastha University Common Entrance Test for providing admissions into its affiliated colleges.
CUET Christ University Entrance Test is for seeking admissions into the courses offered by Christ University.
SUAT The Sharda University leads this entrance exam for giving admissions into undergraduate courses, including B.Com.
NPAT It is conducted solely by the NMIMS or Narsee Monjee Institute of Management Studies.
BHU UET Banaras Hindu University conducts this entrance test for B.Com and other undergraduate courses admissions.
DSAT DSU or Dayananda Sagar University organizes the Dayananda Sagar Admission Test at the national level for admissions in UG and PG courses

B.Com Entrance Exams Syllabus

Generally, the entrance examination for B.Com consists of MCQ questions with negative markings. To score well, one must be proficient in quantitative and qualitative aptitude. Below-mentioned is the syllabus of the same.

Mathematics (Quantitative Aptitude) Verbal and Logical Reasoning (Qualitative Aptitude)
Business Studies  General Awareness
Accountancy Basic Computer Literacy 

Top Colleges for B.Com in India

Top B.Com Colleges Fees (Full Course)
Shri Ram College of Commerce (SRCC), New Delhi 45,000
Hindu College, New Delhi  54,780
Lady Shri Ram College, New Delhi 61,110
Hansraj College, New Delhi 62,835
Loyola College, Chennai 37, 950
Christ University, Bengaluru 2.45 Lakh
Ramjas College, New Delhi  43,485
Madras Christian College (MCC), Chennai 83, 757
Narsee Monjee College, Mumbai 58,000
Sri Guru Gobind Singh College of Commerce, New Delhi  81,600
St. Joseph’s College of Commerce, Bengaluru 2.06 Lakh

Courses after B.Com

After completing B.Com graduation, the candidate will have various courses to pursue further. It is important to pick the right course once you are a B.Com graduate as it helps in landing a high-paying job at an MNC. The following are the courses to opt for:

Courses  Duration
M.Com or Master of Commerce 2 Years
MBA or Master in Business Administration 2 Years
CA or Chartered Accountant 3 Years 
CS or Company Secretary  3 Years
CFA or Chartered Financial Analyst  2.5 Years
BAT or Business Accounting and Taxation 3 to 6 Months
CMA or Certified Management Accountant  2 Years
FRM or Financial Risk Manager 1.5 to 2 Years
ACCA or Association of Chartered Certified Accountants 2 Years
Certified Financial Planner 6 Months 
CIB or Certificate in Investment Banking  6 Months

Jobs and Salary after a B.Com

As stated above, a B.Com degree offers a broader career scope. As a result, the candidate has an array of job opportunities in hand with a decent salary. Sectors such as banking, finance, commerce, and management hire B.Com graduates at respectable positions in the firm. Below-mentioned are the jobs after B.Com along with their respective salaries.

Jobs Salary (Per Annum)
Banker  3.6-4 Lakh
Accountant 4-4.5 Lakh
Junior Accountant 2.-3.5 Lakh
Insurance Consultant  3-4 Lakh
Business Consultant 8.5-9 Lakh
Tax Consultant  5-6 Lakh
Commerce Teacher  6-8 Lakh 
Accounts Manager 5.8-6 Lakh
Accounts Executive  2.5-3 Lakh
Financial Consultant  6.2-7 Lakh
Bank Manager 7.5-8 Lakh
Import Export Manager 2.4-3 Lakh
Financial Manager 9-9.5 Lakh
Marketing Manager 8-9 Lakh
Stock Broker 3.9-4 Lakh
Auditor 4.6-5 Lakh

Top Recruiters for B.Com

The demand for B.Com graduates in the industry increases significantly with each passing day. After all, financial and management know-how are the core aspects of any business. These are the top recruiters for B.Com in the segment:

ICICI Bank HDFC Bank
SBI Bank  Punjab National Bank 
Citi Bank Siemens
Deloitte IndusInd Bank
Kotak Mahindra Bank  Ernest and Young 
KPMG LIC 
New India Assurance  Bajaj Allianz
TCS Accenture
Capgemini Genpact
Amazon Flipkart
Wipro  Cognizant 

Conclusion

The benefit of selecting B.Com is that you will have outstanding prospects after graduation apart from arts or science. Below are some FAQs that will provide you with a detailed summary of the course, shed light on the facts, and resolve most of the queries.

Frequently Asked Questions (FAQs)

Which B.Com specialization is the best?

The selection of specialization would depend on one's skills, interests, and capabilities. Firstly, the candidate must decide the career field and select the specialization suitably. However, the best B.Com specialization is in accounting and finance. 

What is the eligibility for a B.Com?

The candidate must possess the 12th standard mark sheet or equivalent from a recognized board. Besides, the overall percentage in the 10+2 board examination should not be less than 45-50%.

What is the process to obtain admission in B.Com?

The admission process is of two types. Some colleges provide direct admission into the course as per the marks in the 10+2 board examination. Contrary to this, many universities or colleges conduct entrance tests and select candidates according to the marks scored in the test. 
Afterward, the candidate has to submit all the relevant documents in the college to finalize the admission process.

What is the duration of a B.Com?

The total duration of the B.Com course is three years with six semesters. 

What are B.Com courses?

B.Com or Bachelor of Commerce is an undergraduate degree course that focuses on commerce and associated subjects. It is explicitly curated to provide a comprehensive understanding of the streams such as management, finance, taxation, banking, economics, and accounting. One can also opt for a specialization in B.Com for better career prospects in the specific field.

Why should I do a B.Com?

If you want to pursue a rewarding career in the financial sector, B.Com is a perfect choice. After completing B.Com, there are various courses and career options available. Most importantly, the sectors such as banking, finance, and management hire B.Com graduates at decent salary packages. 

Does B.Com have entrance exams?

Some colleges conduct entrance exams for B.Com, whereas others do not. There are many B.Com entrance exams such as IPU CET, DUET, SUAT, NPAT, and many more. 

What can I do after a B.Com?

After B.Com, you can pursue M.Com, MBA, CA, CS, CFA, BAT, CMA, FRM, and many more. Once you become a B.Com graduate, there are numerous courses to choose from.
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