Bachelor of Commerce (B.Com.) - Ness Wadia College of Commerce (NWCC), Pune

  • Years 3 Years
  • Type Course Under Graduate
  • stream Commerce
  • Delivery Mode
Written By universitykart team | Last updated date May, 03, 2024

B.Com: Admission Process, Eligibility, Fee Structure, Future Scope, Benefits, Exams, Syllabus, Fees, Career, Scope, Job Opportunities, Top Colleges

The B.Com. full form Bachelor of Commerce course is a three-year UG course recognized by the Universities Grants Commission (UGC). In addition to the full-time delivery mode, you can also take a BCom distance learning or B.Com. online course. B.Com. is one of the most popular Commerce Flow Grade 12 degree programs. According to AISHE reports, with a population of nearly 9.33 lakh, B.Com. was the third most popular course in India after Class 12. In addition to B.Com, applicants can also complete B.Com (Hons) if they wish to deepen their knowledge in the field of commerce.

The BCom program offers students a comprehensive understanding of business principles, accounting practices, economics, and finance. BCom courses typically cover a wide range of subjects such as financial accounting, business law, taxation, management principles, and marketing strategies. The curriculum is designed to equip students with the necessary skills and knowledge to pursue careers in various sectors such as banking, finance, accounting, and management. To be eligible for the BCom course, students usually need to have completed their higher secondary education with a strong foundation in commerce or related subjects. Some universities may also require students to pass BCom entrance exams or meet specific grade requirements for admission.

BCom admission requirements vary depending on the institution and country, but generally, applicants need to have completed their secondary education or equivalent with a certain grade point average. Some universities may also require students to pass entrance exams or undergo interviews as part of the admission process. Upon completion of the program, graduates are awarded a BCom degree, which signifies their proficiency in various areas of commerce and qualifies them for a wide range of career opportunities in fields such as accounting, finance, banking, consulting, marketing, and entrepreneurship.

The Duration of a BCom course typically spans three years, although some universities may offer accelerated programs or allow students to extend their studies based on individual circumstances. BCom Eligibility Criteria often include a minimum percentage requirement in relevant subjects, along with proficiency in English. Additionally, universities may consider extracurricular activities, personal statements, or letters of recommendation as part of the admission process. The BCom fee structure varies depending on factors such as the institution's reputation, location, and facilities provided. Scholarships and financial aid options may also be available to eligible students to support their academic pursuits in the field of commerce.

The BCom syllabus varies depending on the institution, but it generally includes a mix of core subjects, elective courses, and practical training. Core subjects typically include financial accounting, cost accounting, business statistics, economics, business law, and management principles. Elective courses allow students to tailor their studies to their interests or career goals, with options such as taxation, auditing, international business, and e-commerce. Practical training components, such as internships or projects, provide students with hands-on experience and exposure to real-world business environments.

Some institutions offer specialized BCom programs, such as BCom LLB (Bachelor of Commerce and Bachelor of Laws), which combines commerce subjects with legal studies. This program is suitable for students interested in pursuing careers in corporate law, taxation, or business consultancy, where knowledge of both commerce and law is essential. BCom vs BBA debates often arise among students weighing their options for undergraduate studies. While BBA may offer more specialized training in business administration, BCom provides a broader understanding of commerce-related subjects, which can be advantageous for those seeking a versatile skill set.

B.Com Course Highlights

Particulars Values
Course Name Bachelor Of Commerce
Course Level Under Graduate (PG)
Course Duration 3 Years
Examination Type Semester Based
Eligibility Criteria Candidates should have passed 12th with Mathematics and English as compulsory subjects
Admission Process Merit-Based/ Entrance Based
Specialization See Below
Internship Yes
Entrance Exams BHU UET, CUET, DUET
Course Fee INR 7.5k to INR 1 LPA
Average Annual Salary INR 4.5 LPA
Top Recruiting Companies Ernest and Young, LIC, HDFC, Deloitte, Punjab National Bank, Citibank, SBI, KPMG
Job Profiles Accountant, Banking, Taxation, Business, Management, Chartered Accountant, Company Secretary

Why Study B.Com?

The growing fintech sector, investment funds, and insurance companies offer a wide range of opportunities in the financial sector. B Com graduates have prospects in finance and banking. After B Com, many students go into sales, which is also a lucrative field. With experience, there is plenty of room for developing business services across all industries. Students who are interested in finance or economics will also find many opportunities.

BCom Specializations

There are many specialization courses under the umbrella of the B.Com. Degree, making graduates of this course strongly work-oriented. Below are some of the major specializations and a list of B.Com. courses:

Here is a list of some of the specializations offered at the B.Com.

Taxation Economics
Accounting and Finance Investment Management
Auditing Human Resources Management
Banking and Insurance Financial Market
Finance Computer Applications

B.Com Eligibility Criteria

Below are the Eligibility Criteria for the B.Com. course:

  • Applicant must have studied commerce in grades 11 and 12 with some compulsory subjects such as accounting, business administration, mathematics/electives, and/or economics.
  • Applicants must meet the minimum admission requirements set by the university/institute

B.Com Admission Process

The admission process for a Bachelor of Commerce (B.Com) program typically involves several steps:

  1. Researching Universities/Colleges: Begin by researching universities or colleges offering B.Com programs. Consider factors such as reputation, accreditation, faculty, facilities, and location.

  2. Eligibility Criteria: Check the eligibility criteria set by the institutions you're interested in. Generally, candidates need to have completed high school or its equivalent with a certain minimum percentage or grade.

  3. Application Form: Once you've selected the institutions, obtain their application forms either online or from their admission offices. Fill out the forms accurately and completely.

  4. Documents Submission: Prepare the necessary documents such as academic transcripts, certificates, identity proof, and any other documents specified by the institution. Make sure to arrange them as per the requirements.

  5. Entrance Exams (if applicable): Some universities conduct entrance exams for admission to B.Com programs. If required, prepare for these exams thoroughly and appear for them on the specified date.

  6. Merit-Based Admission: In institutions where admission is based on merit, your academic performance in high school or equivalent examinations plays a crucial role. Ensure your grades meet the institution's requirements.

  7. Interview (if applicable): Certain institutions may require you to appear for an interview as part of the admission process. Prepare for potential questions related to your interest in commerce, career goals, and academic background.

  8. Application Fee: Pay the application fee as per the institution's guidelines. Make sure to keep a record of the payment receipt.

  9. Submission of Application: Submit the completed application form along with the required documents either online or in person before the deadline.

  10. Wait for Admission Decision: After submitting your application, wait for the admission committee to review your application. Admission decisions are usually communicated within a specified timeframe.

  11. Acceptance of Admission Offer: If you receive an admission offer, carefully read the offer letter and follow the instructions for accepting the offer within the stipulated time frame. Pay any required admission fees to confirm your seat.

  12. Orientation and Registration: Once you've accepted the admission offer, the institution will provide information about orientation sessions and registration procedures. Attend these sessions and complete the registration process to officially enroll in the B.Com program.

It's essential to stay organized and keep track of deadlines throughout the admission process to ensure a smooth application experience. Additionally, don't hesitate to reach out to the admission office of the respective institutions if you have any questions or need clarification on any aspect of the process.

B.Com Course Skills Required

B.Com. graduates must have the skills that will help them succeed in their careers. The skillsets help graduates enter academia and help them develop into top performers.

Some of the skills that B.Com. graduates have are:-

  • Analytical thinking skills
  • Communication Skills
  • Time Management
  • Problem-Solving
  • Research Skills
  • Interpersonal Skills

B.Com Fee Structure

B.Com. fees can vary widely by college, department, and institution. B.Com. fees at public colleges are typically lower than at private colleges. B.Com. Course fees range from 7.5 thousand. INR up to LPA 1 and may also vary depending on facility facilities and services.

Name of College Average Annual Fees
Jyoti Nivas College, Bangalore INR 30K
Lucknow University INR 50K
St. Xaviers College, Jaipur INR 63K
St. Joseph's College of Commerce, Bangalore INR 1.3 LPA
Jain University, Bangalore INR 1.6 LPA

Top B.Com Colleges in India

Name of College Average Annual Fee (INR) Location
Shri Ram College of Commerce INR 86,529 PA Delhi
Parul University INR 1.59 LPA Vadodara, Gujarat
Lovely Professional University INR 80,000 PA Jalandhar, Punjab
Chandigarh University INR 3.66 LPA Chandigarh
St. Joseph’s College of Commerce INR 1.33 LPA Bangalore

B.Com Jobs and Placements

The Bachelor of Commerce degree attracts many vacancies from all over the world. Depending on the skills of the applicant, the Bachelor of Commerce salary may vary. Recruiting companies are willing to hire B.Com. graduates from reputable colleges/universities. Current economic trends also indicate that business graduates are preferred by companies over university and technical graduates. Business graduates have an advantage due to the current curriculum and exposure to a variety of courses.

Private Jobs

As with public-sector jobs, there are many private-sector employment opportunities. B.Com. private sector jobs are more than public sector jobs. Some of the reputable organizations that employ B.Com. alumni are:

Job Profiles Salary
Accountant INR 2.5 LPA
Auditor INR 2.7 LPA
Operations Manager INR 7 LPA
Finance Manager INR 12.5 LPA
Government Jobs

B.Com. jobs are very valuable in almost all government sectors. Most research institutes and academic institutes prefer B.Com. graduates. Government contracts for B.Com. graduates are very rewarding jobs for them. According to B.Com., the number of jobs and salaries in the public sector is good. Graduates with a B.Com. degree put their jobs to shame.

Job Profiles Salary per month
RBI Grade B Officer 1,08,404 per month
Company Secretary INR 6 LPA
Clerk INR 2 LPA
Abroad Jobs

Commerce, one of the most popular majors in India, offers students many career opportunities. And the scope of each of these subjects is much broader when considering studying abroad.

Top International Recruiting Companies who hire B.Com. graduates are:

  • Ernst & Young
  • Accenture
  • Genpact
  • TCS
  • Capgemini
  • Wipro
  • Cognizant
  • Amazon
  • Flipkart
Job Profiles

Some of the famous expert avenues open to successful graduates of the B.Com. degree are indexed underneath with the corresponding salaries provided for the respective positions.

Job Profiles Job Description Average Salary in INR
Accountant An Accountant allows groups to make crucial monetary choices through collecting, tracking, and correcting the company's finances. INR 2,50,000
Banking A Banker's main job is to give financial advice to clients, especially on matters related to savings, investments, loans, and securities. INR 3,00,000
Taxation As a Tax Specialist, you may be responsible for getting ready all of the tax audits of the company. INR 4,50,000
Chartered Accountant A Chartered Accountant, or CA, makes use of their accounting knowledge to manual their client's financial plans and make sure all tax sports are compliant with provincial and federal regulations. INR 7,00,000
Company Secretary Company secretaries are typically responsible for convening and providing administration for annual general meetings (AGMs) such as producing agendas, taking minutes, conveying decisions, and handling meeting correspondence. INR 6,00,000

B.Com Scope

In today's job market, a B.Com. degree alone is not enough. Upon graduation, students are required to pursue higher education in economics, accounting, and finance. Courses like M.Com., MBA, CA, CS, etc. are good options for B.Com. graduates. B.Com. graduates can also prepare to apply for a job in the public sector. But even those looking to go straight into the workforce after completing a B.Com. degree can find a variety of junior jobs in accounting, commerce, banking and finance, and related fields.

B.Com Career Prospects

A career in commerce offers tremendous growth to the aspirants as the demand for professionals is always high. In the end, what counts is whether someone wants it or not. It takes discipline, dedication, and focus to earn your place in this ever-changing field.

B.Com FAQs

Ques. What is BCom?

Ans. BCom stands for Bachelor of Commerce. It is an undergraduate degree program focused on various aspects of commerce, business, finance, and economics.

Ques. What do you study in a BCom course?

Ans. In a BCom course, you study subjects such as accounting, finance, economics, business management, marketing, business law, statistics, and information technology.

Ques. What skills can I develop through the BCom program?

Ans. Skills developed through a BCom program include analytical thinking, problem solving, financial literacy, communication, teamwork, time management, decision-making, and understanding of business concepts and practices.

Ques. Are internships or practical training included in the BCom curriculum?

Ans. Many BCom programs offer opportunities for internships, co-op programs, or practical training to gain real-world experience and apply classroom learning.

Ques. Can I do BCom without maths?

Ans. Some BCom programs may have math prerequisites, but it depends on the institution and the specific program. Some universities offer BCom programs with options for students with or without a strong background in mathematics.

Ques. What is the eligibility criteria for BCom admission?

Ans. Eligibility criteria for BCom admission typically include a high school diploma or equivalent qualification, satisfactory grades in prerequisite subjects (such as mathematics and English), and possibly standardized test scores (such as SAT or ACT).

Ques. What is the scope for a BCom graduate?

Ans. BCom graduates have a wide scope and can pursue careers in fields such as accounting, finance, banking, marketing, human resources, consulting, entrepreneurship, and more.

Ques. What type of job opportunities are available for BCom graduates?

Ans. Job opportunities for BCom graduates include roles such as accountant, financial analyst, auditor, tax consultant, banker, market researcher, human resource manager, and business development executive.

Ques. What are the higher study options after BCom?

Ans. Higher study options after BCom include pursuing a Master of Commerce (M.Com), Master of Business Administration (MBA), Chartered Accountancy (CA), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), or other specialized certifications or postgraduate degrees.

University Courses
Universitykar Loader
back back
Trending Courses View All
Top