What is B Com Honours? The Detailed Guide

Making a career in commerce provides ample opportunities in the field of business and finance. To hone your skills in this field, a B.Com (Hons) degree can prove to be very beneficial. Through this article, we have given a detailed guide about this undergraduate degree.

Eligibility Criteria for B.Com (Hons)

Although the criteria may differ from college to college, generally, a candidate must satisfy the following conditions:

• Should have passed 10+2 from a recognized board and secured a minimum of 50%. The minimum marks can be different for different colleges.
• Should have opted for subjects like Accountancy, Economics, Business Studies, Maths, and English in 12th standard.

Skills Required for B.Com (Hons)

If you want to make the most out of the course you’re pursuing, make sure you’re suitable for it. Following are the necessary skills a B.Com (Hons) student should possess-

• Detail-oriented
  

  B.Com involves complex calculations that require attention to every little detail. The subjects are in-depth, and hence it becomes necessary to be thorough.
  

• Research skills
  

  You should be able to practically apply subjects like accounting, insurance, management, banking, etc. For this, the student should remain updated at all times and research these from time to time.
  

• Adaptability
  

  Being adaptable is important for learning anything new. Now more than ever, when new technologies are introduced every day, students must know how to adapt to changing work environments.

 Application Process

Depending on the university you want to enrol into, the admission can be on the basis of your performance in 10+2, where students with a commerce background might be given a higher preference, or the college might also choose to conduct an entrance exam.

• Direct admission

You can either submit your application form in the university’s office i.e. via offline mode, or you can also submit the same on the university’s website along with the fees.

• Entrance Exam

An exam might be conducted by the college, clearing which a student can get admission. Meritorious students are given greater preference.

Cut Off

Cut off is based on the marks obtained in 10+2 or the marks obtained in the entrance exam. Admission in top universities B.Com Courses is allowed only if you surpass the set cut-off.  

B.Com. Hons. Colleges by Location

List of top universities in Delhi	Hindu College Hansraj College Shri Ram College of Commerce Kirori Mal College Lady Shriram College for women
List of top universities in Bangalore	Mount Carmel College Narsee Monjee Institute of Management studies (NMIMS) Kristu Jayanti College Seshadripuram College IFIM College
List of top universities in Pune	Symbiosis College of Arts and Commerce Ajeenkya DY Patil University, [ADYPU] Pune MIT Art, Design and Technology University, [MIT ADT] Pune

B.Com (Hons) Syllabus

Given below is the basic idea of the syllabus of the University of Delhi. B.Com honours subjects list as per semesters is as follows

Semester 1	Semester 2
Business Laws	Corporate Accounting
Basics of Accounting	Entrepreneurship
Financial Accounting	Corporate Laws

Semester 3	Semester 4
Income- Tax Law and Practice	E-Filing of Returns
Human Resource Management	Leadership and Team Development
Management Principles and Applications	Collective Bargaining & Negotiation Skills
Fundamentals of Marketing	Skill Enhancement Course (Only one)
E-Commerce	Computerised Accounting System
Digital Marketing	Computer applications in Business
Training and Development	Business Mathematics

Semester 5	Semester 6
Advertising and Personal Selling	Goods and Service Tax (GST) and Customs Law
Business Statistics	Auditing and Corporate Governance
Management Accounting	Business Tax Procedures and Management
Macro- Economics	Consumer Affairs and Customer Care
Organisational behaviour	Financial Reporting & Analysis
Principles of Marketing	Banking and Insurance

B.Com. Hons. Specialisations

Colleges provide a variety of specialisations you can choose from. These can vary from one college to another. Some of the most popular specialisations are 

• Banking & Insurance
• Auditing
• Accounting and Finance
• Taxation

What after B.Com (Hons)?

After completing B.Com (Hons), you can either choose to start a job or pursue higher studies. Either after getting some work experience or as soon as completing your UG, you can enrol for relevant PG courses like MBA, M.Com. (Master of Commerce), B.Ed (Bachelor of education), and LLB (Bachelor of legislative law).

Career Opportunities after B.Com (Hons)

Scope of B.Com honours is vast. With a B.Com (Hons) degree you can get job opportunities in both the public and private sector, including banks, educational institutions, Insurance companies, Logistics, etc

• Marketing Manager

  He is the person responsible for the marketing efforts of an organisation. He builds the overall marketing strategy and is also responsible for the effective implementation of the same with the help of the team he leads.

• Chartered Accountant

He provides accounting and financial solutions to a variety of clients, from MNCs to Government organisations. Analysis and interpretation of financial records is one of the key roles.

• Accountant

Responsible for Accounting and bookkeeping services. Maintaining the overall records of the organisation and preparing the financial statements and electronic records is the key role.

B.Com (Hons) Salary

The initial salary you fetch depends on the specialisation, college, and overall skills. Following are the average salary based on the job profiles.

Business Analyst	INR 5,77,768 per annum
Financial Analyst	INR 4,31,687 per annum
Bank PO	INR 4,68,439 per annum
Stock broker	INR 4,04,137 per annum
Bank Clerk	INR 2,97,627 per annum

Top B.Com (Hons) Private colleges

There are a large number of private colleges that offer B.Com( Hons) course in India. Listed below are the top private universities, their fee structure, and other details

UNIVERSITY

Narsee Monjee College of Commerce and Economics, Mumbai

St Xaviers College Mumbai

Lady Shriram College for Women, New Delhi

Loyola College, Chennai

Institute of Management, Research, and Technology Lucknow

Top Government B.Com (Hons) Colleges in India

B.Com Hons. the course is provided by a lot of government colleges too. Some of the top Government colleges are listed below.

• Motilal Nehru College, New Delhi
• Government City College, Hyderabad
• College of Commerce Arts and Science, Patna
• Government Autonomous College, Bhawanipatna
• Maulana Azad College, Kolkata
• Government Ramnarayan Chellaram College of Commerce and Management, Bangalore

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FAQs

What is meant by B Com Honours?

B Com Honours is an undergraduate degree that helps you specialise in the field of commerce (business).

What are B Com Honours subjects?

B.Com Hons. covers a variety of subjects that include taxation, finance, accounting, economics etc. In the field of business and financ.

Is maths compulsory in B.Com (Hons)?

It depends on the college; for example, in Delhi University, candidates are compulsorily required to have maths in their 10+2, while in other colleges, this may not be a criterion.

Why choose B.Com (Hons)

B.Com. (Hons) will help you gain all the necessary skills in business and finance that can, in turn, make you valuable in the corporate world and open a lot of job opportunities.