Bachelor Of Commerce (B.Com.) Accounting

  • course years 3 Years
  • type of course Under Graduate
  • course stream Commerce
  • course type Full Time
Written By universitykart team | Last Updated date Jan, 28, 2023

A B.Com. in Accounting is a three-year undergraduate course in commerce. It covers financial accounting, business and management accounting, and corporate tax law and practice. Students who are interested in becoming an accountant will benefit from this course as it will teach them the principles of accounting, taxation, and economics. 

There are many career options available for graduates of B.Com. programs. They can work as a tax consultant, work for a private firm, or pursue a career in banking. Many government and private banks hire fresh B.Com graduates, so alumni can network with campus recruiters. 

Alternatively, they can work for large public accounting firms. These institutions hire many graduates from universities and offer training programs that will enhance their skills in accounting.

As a result, a BCom. in Accounting and Finance program will focus on the complexities of accounting and finance. This will help students develop critical thinking skills and imbibe an application-oriented approach to problem-solving. Although the course does not require a formal qualification in mathematics, it does help to have some familiarity with the subject.

Benefits of B.Com. in Accounting

A B.Com in Accounting prepares students for a career in corporate finance, accounting, and related fields. The degree provides them with the necessary skills to start their own business and run it professionally without having to hire outside consultants. Businesses will always need people with a good understanding of accounting and finance. Because of this, there is never a shortage of jobs for B.Com graduates. 

The B.Com in Accounting program exposes students to the key business and accounting principles. After completing the program, students can specialize in a particular area of accounting. Some institutions allow their students to spend an entire year on an industrial placement. In this way, they are able to gain valuable work experience, improve their language skills, and make professional contacts. 

Whether you're looking to work in the private or public sector, a B.Com in Accounting and Finance course will give you the skills you need to excel. The curriculum is designed for students who have a strong interest in the field of finance and accounting. The BCom in Accounting and Finance program can be a great fit for those interested in finance, audit management, and other related areas.

Eligibility for B.Com. in Accounting

The candidates must have passed 10+2 in the commerce stream from a recognized board.

They must have a minimum aggregate of 55% to be eligible for the program.

Future Scope of B.Com. in Accounting

Those who have completed B.Com in Accounting often become junior accountants. Some of their tasks include maintaining financial records, analyzing balance sheets, and creating special reports that provide insight into a company's finances. They may also become finance managers, whose primary job is to manage a client's portfolio and assets. 

The vast scope of commerce means that the demand for accountants will never decrease. Many private and government companies need qualified accountants, and jobs for these professionals are in high demand. B.Com graduates can start their careers as accountants, which offers excellent pay, benefits, and job security. 

If you want to be in the corporate world, you can consider careers in not-for-profit accounting, business assurance services, and audit management. The BCom in Accounting and Finance degree offers many career options, including working in the private, public, and non-profit sectors. 

In addition to these, this degree can prepare you to enter the world of financial consulting or audit management. These are some of the most sought-after professions today and are growing at a steady rate.

Career Opportunities and Job Prospects of B.Com. in Accounting

After graduating from a B.Com in Accounting program, the career options are numerous and varied. Many BCom graduates find themselves working in the accounting department of a large company, where they are responsible for maintaining the organization's records. 

If you are passionate about your career and want to work for a big corporation, a B.com. in Accounting degree can help you do both. You can start a career in tax consulting or work in the banking industry. Government and private banks both hire fresh B.com graduates. Other jobs are in the public and private sectors. You can also apply for government jobs and take UPSC exams if you have enough experience. 

If you are passionate about finance, you can start your career as a financial consultant. Financial consultants help companies plan for their financial future by advising them on profitable investments and effective planning. As a BCom graduate, you can easily land a job in a bank by cracking an entrance exam.

Course duration and fee details of B.Com. in Accounting

The B.com. in Accounting is a three-year degree program.

The average fees for the completion of the program are between 20K to 4 lacs or it may vary from college to college.

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