Bachelor Of Commerce (B.Com.) International Business
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3 Years
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Under Graduate
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Commerce
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Full Time
3 Years
Under Graduate
Commerce
Full Time
Students enrolled in a Bachelor of Commerce (B.Com.) in International Business program will gain a broad understanding of commercial and business practices throughout the world. Graduates will have the necessary skills to work in multinational organizations, such as banks, automobile companies, computer and electronics organizations, and consumer durables manufacturers.
To qualify for the BCom in International Business program, students must have a high score on their 10+2 exam. While most colleges will select students on merit, some will also conduct personal interviews. Regardless of the type of interview, students can prepare for the basic questions they will be asked during the interview.
A B.Com in International Business program is interdisciplinary, and students gain exposure to different cultures and business practices. It combines Social Sciences and Management Sciences to create graduates who are equipped to solve complex business problems in global environments.
In addition to this, students learn how to communicate their proposed solutions to clients, peers, and employers. And, unlike most other undergraduate programs, BCom in International Business graduates will have international experience.
An important aspect of B.Com International Business is the concentration on international markets and finance. Students learn about international trade, finance, and accounting, and develop skills that are essential to succeed in the global marketplace.
| Course Level | Undergraduate Degree |
|---|---|
| Full-Form | Bachelor of Commerce - International Business |
| Duration | 3 Years (Full-Time) |
| Examination type | Entrance Exam and Merit Based |
| Eligibility | Aggregate 50% in 10+2 |
| Admission Process | Online |
| Course Fee | INR 5,000 - INR 2.40 lakhs |
| Average Annual Salary | INR 5 lakhs |
| Top Recruiting Companies | Infosys, TCS, Amazon, HDFC Bank, ITC, PepsiCo, Philips, Nestle |
| Job Profiles | Accountant, Business Analyst, Corporate/Government Relations Officer, Financial Dealer and Broker, International Business Consultant, Policy Advisor |
A Bachelor of Commerce (B.Com) with a specialization in International Business is an undergraduate degree program that focuses on the principles and practices of conducting business on a global scale. This program equips students with knowledge and skills in areas such as international trade, finance, marketing, logistics, and cultural understanding, preparing them for careers in multinational corporations, export-import firms, international agencies, and government departments dealing with foreign trade. The curriculum typically covers topics such as international economics, cross-cultural management, global marketing strategies, international finance, supply chain management, and trade laws and regulations. Graduates of this program are equipped to navigate the complexities of the global business environment and contribute effectively to organizations operating internationally.
Studying B.Com International Business offers several compelling reasons:
Global Perspective: It provides a broad understanding of global markets, economies, and cultures, crucial in today's interconnected world.
Career Opportunities: Graduates can pursue diverse career paths in multinational corporations, export-import firms, international agencies, and government departments involved in foreign trade.
Versatility: The skills gained are transferable across industries, making graduates adaptable to various sectors and roles within the international business landscape.
Personal Growth: Exposure to diverse cultures and business practices fosters personal development, cross-cultural communication skills, and a global mindset.
Networking Opportunities: Interaction with peers, faculty, and professionals from around the world builds a valuable global network, enhancing future career prospects.
Competitive Advantage: Employers seek candidates with international business knowledge and skills, giving graduates a competitive edge in the job market.
Contribution to Global Economy: Proficiency in international business facilitates economic growth, fosters international trade relations, and contributes to global prosperity.
Innovation and Creativity: Working in a global context challenges individuals to think innovatively and creatively to solve complex business problems across borders.
The admission process for B.Com International Business in 2024 typically involves the following steps:
Online Application: Candidates are required to fill out and submit an online application form through the official website of the respective educational institution offering the program.
Eligibility Check: The university or college verifies the eligibility criteria, which usually includes a minimum aggregate percentage requirement in the 10+2 (or equivalent) examination.
Entrance Exam (if applicable): Some institutions may conduct an entrance exam to assess the aptitude and subject knowledge of applicants. Candidates need to register for and appear in the entrance exam as per the specified schedule.
Merit-Based Selection: After the entrance exam (if applicable) or based on the academic performance in 10+2, the institution prepares a merit list ranking the candidates according to their scores.
Counseling/Interview (if applicable): In some cases, shortlisted candidates may be called for counseling or an interview to evaluate their suitability for the program. This step may involve discussing the candidate's academic background, career goals, and interest in international business.
Final Admission Offer: Upon completion of the selection process, the institution releases the final list of admitted candidates. Successful applicants receive admission offers, which may include instructions for fee payment and enrollment procedures.
Confirmation of Admission: Candidates who receive admission offers need to confirm their acceptance by paying the requisite admission fee within the specified deadline. Failure to do so may result in the cancellation of the offer, and the seat may be offered to another candidate.
Commencement of Classes: Once the admission process is completed, students attend orientation sessions and begin their academic journey in the BCom International Business program.
The eligibility criteria for B.Com International Business typically include:
Academic Qualifications: Candidates must have completed 10+2 or its equivalent from a recognized educational board or institution.
Minimum Aggregate Percentage: Most institutions require candidates to have obtained a minimum aggregate percentage in their 10+2 examinations. This percentage requirement varies among institutions but is generally around 50% or above.
Subject Requirements: While there may not be specific subject requirements for BCom International Business, candidates are expected to have a strong foundation in subjects such as Mathematics, Economics, Business Studies, and Accounting.
Language Proficiency: Some institutions may require candidates to demonstrate proficiency in English, especially if the medium of instruction for the program is English.
Entrance Exams: Certain universities or colleges may conduct entrance exams as part of the admission process. Candidates may need to qualify in these exams to be eligible for admission.
Other Requirements: Additional requirements, such as submission of application forms, payment of application fees, and participation in counseling sessions, may vary depending on the policies of the institution offering the program.
The B.Com International Business program may require candidates to appear for entrance exams as part of the admission process. These entrance exams serve to assess the aptitude, subject knowledge, and readiness of candidates for the program. While specific entrance exams may vary depending on the institution offering the program, some common entrance exams for BCom International Business may include:
1. Undergraduate Entrance Exams: Many universities conduct their undergraduate entrance exams for admission to BCom programs, including those with specializations like International Business. Examples include:
2. National-Level Entrance Exams: Some national-level entrance exams are accepted by multiple institutions for admission to undergraduate programs, including BCom International Business. Examples include:
3. Institution-Specific Entrance Exams: Certain universities or colleges may have their institution-specific entrance exams designed for admission to BCom International Business or related programs. These exams may focus on specific subjects or aptitude areas relevant to the program.
4. Language Proficiency Tests: Institutions may also require candidates to demonstrate proficiency in English through standardized language proficiency tests such as TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System), especially for non-native English speakers.
| College Name | Average Annual Fees |
|---|---|
| Christ University, Bangalore | INR 2.40 lakhs |
| St. Francis College for Women, Hyderabad | INR 10,000 |
| Dr. N.G.P Arts and Science College, Coimbatore | INR 2 lakhs |
| Annada College, Hazaribag | INR 4,720 |
| Sage University, Bhopal | INR 60,000 |
| Hindusthan College of Arts and Science, Tamil Nadu | INR 2.40 lakhs |
| DR GR Damodaran College of Science, Coimbatore | INR 50,000 |
| Chitkara University, Punjab | INR 1.14 lakhs |
| College/University | Location |
|---|---|
| Delhi University (DU) | Delhi |
| University of Mumbai | Mumbai |
| University of Madras | Chennai |
| Banaras Hindu University (BHU) | Varanasi, Uttar Pradesh |
| University of Calcutta | Kolkata, West Bengal |
| College/University | Location |
|---|---|
| Christ University, Bangalore | Bangalore |
| Symbiosis College of Arts and Commerce, Pune | Pune |
| NMIMS University, Mumbai | Mumbai |
| Jain University, Bangalore | Bangalore |
| Amity University, Noida | Noida |
| Lovely Professional University (LPU), Punjab | Punjab |
| Chitkara University, Punjab | Punjab |
| SRM Institute of Science and Technology, Chennai | Chennai |
The course syllabus for BCom International Business, divided by semesters:
| Semester I | Semester II |
|---|---|
| English | English |
| Second Language | Second Language |
| Environmental Studies (EVS) | Indian Heritage & Culture |
| Financial Accounting, I | Human Values and Ethics |
| Business Organisation and Management | Financial Accounting, II |
| Basics of International Business | Business Laws |
| Semester III | Semester IV |
|---|---|
| English | English |
| Second Language | Second Language |
| General Elective | Corporate Accounting |
| Advanced Accounting | Direct Taxes |
| Corporate Laws | International Marketing Management |
| Business Statistics | NA |
| Semester V | Semester VI |
|---|---|
| Data Analysis and Visualization | Management Accounting |
| Foreign Trade and Documentation | Financial Services |
| International Trade Finance | International Financial Management |
| Cost Accounting | Overseas Project Management |
| Indirect & Customs Taxes | Entrepreneurship |
| Financial Markets | Corporate Governance and Business Ethics |
| NA | Financial Management |
| NA | Multinational Business Finance |
| NA | Logistics and Supply Chain Management |
| NA | Customer Relationship Management |
| NA | Research Methodology and Project Work |
Both B.Com International Business and BBA International Business are three-year undergraduate programs available to students who have passed their 10+2 examinations through a recognized board.
BBA International Business focuses on the administration and management aspects of international business. In contrast, B.Com International Business offers a broader scope of study, with a focus on financial accounting, international trade, and commerce. B.Com International Business opens up opportunities ranging from leadership roles to entrepreneurship, while BBA International Business primarily prepares students for managerial positions.
| Parameters | BCom International Business | BBA International Business |
|---|---|---|
| Full Name | Bachelor of Commerce in International Business | Bachelor of Business Administration in International Business |
| Overview | This program offers a broader scope of study, focusing on financial accounting, international trade, and commerce. | This program is specifically tailored towards International Business administration and management. |
| Duration | 3 Years (Full-Time) | 3 Years (Full-Time) |
| Course Fee | INR 5,000 - 2.40 lakhs | INR 50,000 - 5 lakhs |
| Eligibility | 50% Aggregate marks in 10+2 | 10+2 with minimum 50% marks in Commerce Stream |
| Job Profiles | Accountant, Business Analyst, Corporate/Government Relations Officer, Financial Dealer and Broker | International Human Resources Managers, International Training Managers, International Operations Managers |
| Average Annual Salary | INR 5 lakhs | INR 6.50 lakhs |
B.Com International Business graduates can anticipate employment opportunities to align with the ongoing rapid advancements in the finance and accounting sectors, leading to heightened demand for skilled and adaptable professionals. The B.Com International Business program is designed to equip students to meet this industry demand effectively. Upon completion of the course, students will find themselves well-positioned for a variety of job prospects across diverse industries.
| Job Profile | Job Description | Average Salary (INR) |
|---|---|---|
| Accountant | Responsible for providing financial information to management by researching and analyzing accounting data and preparing reports. | 2,34,000 |
| Business Analyst | Conducts market analyses, analyzing both product lines and the overall profitability of the business. | 7,57,000 |
| Corporate/Government Relations Officer | Builds and fosters relationships with foreign government donors while developing and implementing strategies to secure support and funding for the country’s objectives. | 3,00,000 |
| Financial Dealer and Broker | Buys and sells securities, stocks, bonds, and other financial instruments on behalf of their own company or for customers on a commission basis. | 4,00,000 |
| International Business Consultant | Involved in areas such as marketing, human resources, management, finance, and accounting of multinational corporations (MNCs) and global organizations. | 7,20,000 |
| Policy Advisor | Informs policy analysts on various issues involved in policy making. | 4,20,000 |
One of the benefits of a B.Com in International Business is the variety of job opportunities it provides graduates. This degree allows students to work in a global environment, providing a unique perspective on global challenges. Graduates of this program will learn how to conduct international business and understand different cultures. They will also acquire important skills in management and work with diverse teams, including those of other cultures.
The degree is highly relevant. Many people working in international business need to be well-versed in global business practices and understand the different business cultures of different countries. In addition to this, they must be open to different cultures and be able to adapt to change. International business graduates should be capable of using quantitative analysis and strong verbal and written communication skills to navigate different situations in the business world.
Students completing a B.Com in International Business can go on to pursue careers in international business. The degree will prepare students for transnational careers, including import/export managers, sales executives, and human resource assistants. It will also give students the foundation they need to conduct business in international markets and a broad knowledge of global culture.
The B.Com. International Business course offers a broader range of study than the conventional B.Com program. Students will learn about international markets, finance, and administration, as well as international business management. The program stresses the ethical code of conduct, thereby preparing students to be successful in the global marketplace.
The internationalization process has made it possible for businesses to expand globally. Many countries, including India and China, have large populations and economies. Because of this, international business graduates can find rewarding jobs in the world's fastest-growing countries. The future of the field is bright, and graduates can prepare themselves to enter any field in this evolving industry.
After completing their degree, graduates with an IBA degree are highly sought-after in today's global marketplace. The course will give students valuable experience working with people from all over the world. If you're interested in working globally, you can pursue an MBA in International Business at many universities in India and abroad.
Those with a B.Com degree can pursue careers in a variety of sectors. As many countries follow a capitalistic regime, commerce is one of the most important sectors. Depending on your interests, you may choose a career in finance, accounting, banking, or management.
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