3 Years
Under Graduate
Commerce
Full Time
The B.Com Economics is a 3-year duration undergraduate course. This course focuses on teaching the basics of business into students. The purpose of this course is to teach students about different operational, cost accounting and business aspects.
Candidates must pass Class 12 or equivalent with Mathematics as an obligatory subject at an accredited board to be able to take part in this course.
BCom Economics admissions are usually determined by the score the candidate on an entrance test, or on a merit. The subjects that are included within B.Com Economics Syllabus are financial accounting, business communication macroeconomics, partnership accounting etc.
The course cost for B.Com Economics is INR 5,000. BCom Economics course ranges from INR between 5,000 and 6,00,000.
The numerous jobs available after the completion after completing b.com in economics include economist, Financial Risk Analyst, Accounting Analyst, and Economics range between INR 3,60,000 and 6,00,000 annually. Bachlor of Arts Economics deals with understanding the sources of these resources, their use and the way in which these resources benefit the society.The ability of this course is in the business and banking sector.
|
Course level |
Undergraduate |
|
Full form |
Bachelors in Commerce in Economics |
|
Duration |
3 years old |
|
Eligibility |
50% of the class 12. This is from an accredited institution. |
|
Admission Process |
Entrance/ Merit-Based |
|
Average Annual Fees |
INR 5,000 - 6,00,000 |
|
Average Annual Salary |
INR 3,60,000 - 6,00,000 |
|
Top Recruiting Companies |
KPMG,Deloitte,PWC,Frnst and young,Reliance,ICICI bank |
|
Job Positions |
Economist, Economic Researcher, Accountant, Financial Risk Analyst. |
To be able to gain admission to the program, students must satisfy the requirements for B.Com Economics.
• Candidates must have passed the 12th grade from a recognized board.
• As opposed to the traditional B.Com in this case, for B.Com Economics, applicants must have completed Mathematics in addition to the subjects that are compulsory in the 12th grade.
• The cut-off percentages vary widely across different universities or colleges. In the case of most of colleges students are required to achieve at least 50 percent scores, whereas the cut-off of B.Com Economics sometimes goes as much as 99 per cent at Delhi University colleges.
• In general, acceptance to B.Com Economics course in most of the Indian colleges is based on merit.
• This means that the candidates their percentage on the examination for intermediate will determine their choice to take the course.
• Some colleges offer their own entrance examinations to be able to offer this course.
• In such instances, performance of candidates in the entrance test is used to make an merit list.
• Some colleges organize group discussions and interview rounds, in addition toor in lieu of entrance tests.
A few of the most important books that are essential for BCom Economics students are listed in the following table:
|
Name of the Book |
Author |
|
Aryasri and Murthy Business Economics |
Tata McGraw Hill |
|
General Economics Tata McGraw Hills |
Deepashree |
|
Cengage Principles of Economics |
Mankiw |
|
S.Chand Business Economics |
HL Ahuja |
|
Himalaya Fundamentals of Business Economics |
Mithani |
The table below highlights the top BCom Economics colleges and universities which offer the course in full-time, full-time course.
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Name of the College/ University |
Average Annual Fees |
|
INR 1,05,000 |
|
|
INR 1,20,000 |
|
|
INR 21,000 |
|
|
INR 5,330 |
|
|
INR 50,450 |
|
|
INR 22,000 |
|
|
INR 2,50,000 |
BCom in Economics covers the subjects and aspects related to the commerce and related fields.the course focuses on the major areas in the field of commerce which includes finance,accounting,insurance,taxation etc.It is more commerce related.
BA Economicscovers the qualitative and quantitative aspects of Economics.It is primarily focused on aspects that are pertaining to the economy and covers the basics and deep understanding of the subject.
The course comparison for the previously course is listed in the following table:
|
Parameters |
BCom Economics |
BA Economics |
|
About Course |
The goal of the course is to educate students for the area of Economics and to equip students with strong skills and practical understanding. |
The course consists of a thorough examination of the most important aspects to improving the overall profit through various strategies and strategies |
|
Duration |
3 Years |
3 Years |
|
Admission Criteria |
Merit/ Entrance-Based |
Merit/ Entrance-Based |
|
Eligibility Criteria |
50% average in Class 12 at a recognised institution with Mathematics. |
50% average in Class 12 from a reputable board with Mathematics. |
|
Job Options |
Chartered Accountant, Insurance Consultant, Company Secretary and Auditors, Financial Risk Managers |
Indian Economics Services, Ministry of Economic Affairs, Planning Commission |
|
Average Annual Fees |
INR 5,000-6,00,000 |
INR 10,000-50,000 |
|
Average Annual Salary |
INR 3,60,000 - 6,00,000 |
INR 3,50,000 - 4,50,000 |
Students can further pursue higher education once they have completed their B.Com Economics course. Additionally, there are more career opportunities available to those with a more advanced education in the field of business.
Below is a list of institutions offering higher education:
• MBA
• CA
• CS
• M.Com
• CFA
• CMA
According to Payscale the median wage of the B.Com Economics student is 8.8 LPA for India. The salary differs based on the city in which you live. In The Times of India, a B.Com Economics graduate could earn between INR 12 and 12 LPA to INR 12.
B.Com Economics Job Roles and Salary
|
Job Role |
Description |
Salary Range (INR) |
|
Economist |
Conducting research, analysing economic data, and then interpreting trends to offer insight for companies and government organizations. |
INR. 3,00,000 to INR.12,00,000 annually |
|
Financial Analyst |
Assessing financial data, creating reports, and providing advice to businesses on investment strategies or financial strategy. |
INR.2,50,000 to INR.10,00,000 each year |
|
Market Research Analyst |
Examining the trends in the market, behavior of consumers and competitors, businesses can make educated choices. |
INR.2,00,000 - INR.9,00,000 annually |
|
Economic Consultant |
Giving expert advice to business or government-related organizations on issues affecting economics policy, strategies, and policies. |
INR.4,00,000 - INR.15,00,000 annually |
|
Data Analyst |
The process of collecting, organizing and analyzing data in order to give insight into the economic patterns and trends. |
INR.2,50,000 to INR.10,00,000 annually |
Once they have completed the BCom economics program applicants are eligible to take on various positions in the both the private and public sectors based on their preferences and requirements and preferences.
Below is a list of industries which employ economists:
• Banking
• Finance
• Power
• Textiles Industries
• Ports
• Aviation
• Tours and Travels
The following is a listing of different public sectors that employ economists:
• Indian Railways
• Indian Armed Forces
• Oil and Natural Gas Corporation
• Indian Space Research Organisation
• State Wise Road Transport board
• Indian Oil Corporation
• BHEL
B.Com Economics has proven to be an essential part of business studies, gaining an understanding of the economic principles and concepts of economics theory, as well as providing a method for demonstrating a competent approach to business studies.
Below is a list of the skills that make you a top candidate for economics professional:
• Critical thinking
• The ability to understand how markets function
• Understanding of business
• Analytical abilities
• Communication skills
• Detail-oriented
• Math skills
• Writing skills
Ques. What is the length of this BCom in Economics?
Ans. The length of the BCom in Economics program is three years and consists duration of six academic semesters.
Ques. Are there any entrance exams that is required to be passed for admission to BCom Economics? BCom Economics course?
Ans. There are numerous entrance tests held to be able to enter B.Com Economics. B.Com Economics. Candidates must take the entrance exam for institutions or state-based universities which is administered by the official body, or another institutional institution.
Ques. What is the minimum educational requirement necessary to get into B.com in Economics? B.com in Economics?
Ans. Candidates must have completed the 12th class with an aggregate 50 percent from a recognized board in order to be accepted to the program. The percentage may differ for candidates from the reserved category. Additionally, candidates require an acceptable score on the entrance test (if there is one) that is conducted by the relevant school or a statutory body.
Ques. What is the average fees for the B.com in Economics course in the Indian educational institutions/colleges?
Ans. The fees can vary between government and private institutions. The typical fees are INR 5,00,000 to 6,00,000. This is contingent on the college or university in which the student has received admission.
Ques. What will post-graduation do to aid me in developing my career prospects in this Economics field?
Ans. Post-graduation covers all fundamental aspects and ideas related to the field of Economics. The postgraduate will aid in developing not only the skills needed for advanced study in the field but also inculcate the most practical skills and knowledge in the field of Economics.
Ques. What are the top businesses ideal for an internship after completing your BCom in Economics?
Ans. The top firms to pursue an internship after successful completion of B.com in Economics course include Reliance, ICICI Bank, Ernst and Young, KPMC and many more. It's all about the amount of jobs that are available at the respective firms.
Ques. Do you think a candidate should take a post-graduation or job upon completion of the degree in B.com with Economics?
Ans. A candidate may go for post-graduation or a job according to their requirements or preferences. If you are looking to be a leader in their area or has an desire to learn about the latest developments of the field, they can opt to post-graduation. If they are in a suitable job and in a business, the candidate is able to explore a career in the area.
Ques. What are the different jobs and the work that goes with them in the area of B.com in Economics?
Ans. The position of a job can change according to the needs of the applicant. Candidates may choose the branch of their choice or a that test their analytical and critical thinking abilities. These positions include Auditor, the Financial Risk Manager and numerous other. The primary goal of these employees is making sure that the process runs smoothly of the economics sector with respect to business-related aspects as well as baking.
Ques. What is the median pay after you have completed your BCom for Economics?
Ans. The salary range is based on the post and the job of the candidate. A B.com in Economics student can make between INR 3,00,000 to 5,00,000.
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