B Com stands for Bachelor of Commerce and its abbreviation is B.Com. It is an undergraduate degree course which has a duration of 3 years encompassing a total of six semesters. It is one of the most popular course offered by several reputed colleges across the country.
B.Com, short for Bachelor of Commerce, is an undergraduate course that provides students with a comprehensive understanding of accounting, economics, business law, taxation, insurance, and management. Opting for a B.Com degree paves the way for diverse career opportunities such as Chartered Accountancy, Company Secretary, Cost and Work Accountancy, Insurance, and Banking services. A background in commerce sets the stage for a successful career, as it familiarizes individuals with the fundamental aspects of finance within a company. Additionally, a Bachelor of Commerce degree provides a strong foundation in essential financial matters.
B Com full form is Bachelor of Commerce, it is one of the most popular undergraduate programmes chosen by students in the Commerce stream after completing their 10+2 requirements. Candidates who desire to become bankers, accountants, financial counsellors, economists, statisticians, or bookkeepers typically pick the B.Com degree, which is largely offered in all universities and educational institutions.
It is imperative for candidates to be aware of the cardinal points related to the BCom course and the highlights section mentioned below will display an overview of all the important information related to the course.
Particulars | Details |
Course Name | B.Com (Bachelor of Commerce) |
Degree Type | Undergraduate |
Duration | Three years |
Entrance Exams | CUET, NMIMS NPAT, SET, IPU CET, etc. |
Eligibility Criteria | Passed class 12th from a recognized school board with at least 50 - 55% aggregate marks |
Admission Process | Direct admission/ Merit based admission/ Entrance exam based admission |
Course Fees | INR 10,000 to INR 1,50,000 |
Average Salary | INR 2,50,000 - INR 4,00,000 |
Job profiles | Financial Analyst, Accountant, Auditor, Tax Consultant, Business Development Executive, Human Resources Manager, etc. |
Top recruiters | HDFC Bank, ICICI Bank, Axis Bank, Amazon India, Flipkart, Deloitte, KPMG, PwC, EY, Tata Consultancy Services (TCS), etc. |
To make sure they are eligible for admission, applicants for the B Com programme must review the eligibility requirements. The eligibility criteria that candidates can meet are listed below:
The admission process for B Com programmes may vary depending on the educational institution and country. However, here is a general overview of the Bachelor of Commerce admission process:
Eligibility Criteria: Candidates must fulfill the eligibility criteria set by the university or college. This typically includes completing the required level of education, such as 10+2 or its equivalent, with a specified minimum percentage or grade.
Application Form: Interested candidates need to obtain and fill out the application form for the B.Com programme. The application form is often available online or at the admissions office of the college.
Entrance Exams (if applicable): Some universities or colleges may require candidates to appear for entrance exams specific to the B Com programme. These exams assess the candidate's knowledge and aptitude in areas such as mathematics, English, reasoning, and general awareness.
Merit-based Selection: In many cases, admission to B Com programmes is based on merit. The selection process considers the candidate's academic performance in the qualifying exams, such as 10+2, and the scores obtained in the entrance exam (if applicable).
Counseling and Interview: Shortlisted candidates may be called for counseling or an interview round. This step aims to assess the candidate's suitability for the program and may involve discussions regarding their academic goals, interests, and aspirations.
Document Verification: Once selected, candidates are required to provide relevant documents for verification. These documents typically include educational certificates, mark sheets, identity proof, and photographs.
Admission Confirmation: After the document verification process, candidates are required to pay the admission fees within the specified time to secure their seat in the B.Com programme.
It is important to note that the specific admission process and requirements may differ across institutions. Therefore, it is advisable for candidates to thoroughly research and refer to the official website or admission brochures of the respective universities or colleges to obtain accurate and up-to-date information.
A B Com degree can lead to a wide range of job prospects. Before applying for admission to the BCom programmes, individuals must also be fully informed of the registration and exam information. Before making a final decision, the applicants can choose the college and learn about the entire admissions process. Some colleges provide direct admission, while others require applicants to take entrance exams. Below is a list of some of the prominent entrance exams for B.Com programmes:
Entrance Exam Name | Application Form Dates | Exam Dates |
CUET UG | February 25, 2025 - April 25, 2025 | May 25, 2025 - june 25, 2025 |
IPU CET | Feabruary 1, 2024 - April 15, 2024 | April 27 , May 14 2024 |
Christ University Entrance Exam (CUET) | Phase 1 : 30 March 2024 Phase 2 : 04 May 2024 Last Date |
Phase 1 :07 April 2024 Phase 2 : 11 May 2024 |
Symbiosis Entrance Test (SET) | December 24, 2024 | May 25, 2024 |
AIMA UGAT | January 4, 2024 | June 16, 2024 |
Jamia Millia Islamia Entrance Exam | February 20, 2024 - March 30, 2024 | May 1, 2024 - May 16, 2024 |
B.Com offers various specializations to cater to the diverse interests and career goals of students. Here are some popular B Com specializations:
Accounting and Finance: This specialization focuses on developing skills in financial accounting, management accounting, taxation, auditing, and financial analysis. It prepares students for careers in accounting firms, financial institutions, corporate finance, and investment analysis.
Banking and Insurance: This specialization equips students with knowledge and skills in banking operations, insurance principles, risk management, and financial services. Graduates can pursue careers in banks, insurance companies, financial advisory firms, and regulatory bodies.
Taxation: This specialization focuses on tax laws, tax planning, and compliance. Students learn about direct and indirect taxes and gain expertise in tax assessment and preparation. It prepares graduates for roles as tax consultants, tax advisors, or tax analysts in accounting firms, corporations, or government departments.
Marketing: This specialization emphasizes marketing principles, consumer behavior, advertising, sales management, and market research. It prepares students for careers in marketing, brand management, advertising agencies, market research firms, and sales.
Human Resource Management: This specialization focuses on human resource principles, employee recruitment and selection, training and development, performance management, and labor laws. Graduates can work as HR executives, recruiters, training coordinators, or HR consultants in various organizations.
Entrepreneurship: This specialization equips students with knowledge and skills to start and manage their own business ventures. It covers areas such as business planning, finance, marketing, and innovation. Graduates can become entrepreneurs or work in start-ups and business incubators.
E-Commerce: This specialization focuses on electronic commerce, online business models, digital marketing, and e-commerce strategies. It prepares graduates for careers in e-commerce companies, online retail, digital marketing agencies, and e-commerce consulting.
B Com is one of the most popular undergraduate programmes in India due to the variety of employment choices it offers. The most important industry in the nation is commerce, which has a big effect on the economy. The number of employment openings in the business sector will increase as the economy expands. As a result, you can develop a fruitful career with a Bachelor of Commerce degree.
A B.Com graduate acquires a strong foundation in financial planning and administration, making them an invaluable asset to any organization. A solid educational foundation offers the door to further specialized certifications or degrees, such as a CA, a Master's in Business Administration, or even an executive MBA. As a result of the course curriculum, students will acquire a wide range of managerial abilities and knowledge in disciplines like finance, accounting, taxation, and management.
A few of the great advantages of pursuing a B Com degree course are as follows:
Excellent Employment Opportunities: A BCom degree covers a variety of topics, including accounting, costing and taxation, law, marketing, economics, management, and business. This opens up a wide range of employment options. Banking, accounting firms, business consultancies, industrial houses, educational institutions, investment banking, budget planning, treasury & FX, etc. are among the industries that hire commerce graduates.
Good Average Annual Salary: The pay of a B.Com graduate will depend on a number of variables, including level of education, years of experience, field of specialization, location, and others. Depending on the function and industry, a professional with a B Com degree can make between INR 4,00,000 and INR 9,00,000 annually in India.
Ready for both Entrepreneurship or Jobs: An individual with a B.Com degree is qualified for a career in business, either as an employee or as a business owner. Graduates of BCom programmes are able to adapt to the rapidly evolving business environment and have a comprehensive awareness of the business's market-relevant features. Instead, individuals can launch their enterprises and manage them efficiently and competently without the aid of marketing or accounting professionals. They could think about global financial potential as well.
Possibility of employment in both the private and government sectors: There are several job options for Bachelor of Commerce graduates in the public and private sectors, which is another benefit of the degree. There are numerous positions in the government that are exclusively open to those with a BCom degree, including those in the banks, railways, agriculture, and defense industries, among others. Also, there are a tonne of job openings for these graduates in the Finance & Accounting division at government-run companies like NTPC, SAIL, BHEL, etc.
Bachelor of Commerce course is available majorly in 5 different types along with numerous specializations in India. Candidates who have completed their class 12th from any stream are eligible to apply for all the below mentioned B Com course types provided by various universities/ colleges in India. Currently, there are 6,000+ B.Com colleges in India and abroad, providing different Bachelor of Commerce courses to students.
Types of BCom Courses | Admission Criteria | Course Fees |
B Com General | Merit-Based/ Entrance Exam Based | INR 25,000 - INR 1,00,000 |
Bachelor of Commerce Honours or BCom Honours | Merit-Based/ Entrance Exam Based | INR 35,000 - INR 1,50,000 |
Online BCom | Merit-Based | INR 20,000 |
Distance BCom | Merit-Based | INR 45,000 |
BCom Abroad | Entrance Exam Based | INR 12,00,000 |
To have a basic understanding of the units and subjects covered in the course, candidates may review the B.Com syllabus that is divided into six semesters spanning 3 years. The curriculum differs from institution to institution and below mentioned is the general syllabus of BCom which is followed by most colleges/ universities. To know the precise syllabus of Bachelor of Commerce course, candidates should visit the official website of their chosen institution.
B.Com Semester I | B.Com Semester II |
Business Organisation and Management | Business Mathematics and Statistics |
English Language | General electives like: Principles of Microeconomics or New Venture Planning |
Environmental Studies | Business Laws and Ethics |
Financial Accounting | Language: English/ Hindi/ Modern Indian Language |
B.Com Semester III | B.Com Semester IV |
Income Tax Law and Practice | Corporate Accounting |
Hindi/ Modern Indian Language | Cost Accounting |
Computer Applications in Business | E-Commerce |
Company Law | Business Communication (English/ Hindi) |
B.Com Semester V | B.Com Semester VI |
Principles of Macroeconomics | Fundamentals of Investment |
Principles of Marketing | Banking and Insurance |
Indirect Tax Law | International Business |
Human Resource Management | Corporate Tax Planning |
Fundamentals of Financial Management | Computerised Accounting System |
Entrepreneurship | Office Management and Secretarial Practice |
Auditing and Corporate Governance | Personal Selling and Salesmanship |
- | Consumer Protection |
- | Indian Economy |
- | Management Accounting |
B.Com subjects are broadly divided into two categories:
1. BCom Core Subjects
2. BCom Optional Subjects
First, we will mention all the crucial core subjects that are common and mandatory to study for all B.Com students.
The general BCom elective subjects are shown in the table below:
Type of Elective Subjects | Name of Elective Subjects |
Discipline Specific Electives | International Business |
Office Management and Secretarial Practice | |
Fundamentals of Investment | |
Consumer Protection | |
Fundamentals of Financial Management | |
Indirect Tax Laws | |
Training and Development | |
Industrial Laws | |
Corporate Tax Planning | |
Banking and Insurance | |
Management Accounting | |
Computerised Accounting System | |
Financial Markets and Institutions | |
Human Resource Management | |
Principles of Marketing | |
Auditing and Corporate Governance | |
Financial Reporting and Analysis | |
Ability Enhancement Elective Subjects | Entrepreneurship |
Advertising | |
Personal Selling and Salesmanship | |
Collective Bargaining and Negotiation Skills | |
Computer Applications in Business | |
Cyber Crimes and Laws | |
E-Commerce | |
Investing in Stock Markets | |
General Electives | Principles of Microeconomics |
Economics of Regulation of Domestic and Foreign Exchange Markets | |
Indian Economy | |
Project Management |
The scope of B Com is quite broad and offers numerous opportunities for career growth and professional development. Here are some aspects that highlight the scope of Bachelor of Education course:
Diverse Career Options: B.Com graduates have access to a wide range of career options in various industries. They can pursue careers in accounting, finance, banking, marketing, human resources, taxation, e-commerce, consulting, and more. The versatility of the degree allows graduates to explore different sectors and roles according to their interests and skills.
Professional Designations: B Com serves as a foundation for pursuing professional qualifications such as Chartered Accountant (CA), Cost and Management Accountant (CMA), Company Secretary (CS), and Certified Financial Planner (CFP). These certifications enhance career prospects and open doors to specialized roles and higher positions in the respective fields.
Entrepreneurship Opportunities: BCom equips students with business acumen and knowledge necessary to start and manage their own ventures. Graduates can leverage their understanding of accounting, finance, marketing, and management principles to establish successful businesses and contribute to the economy.
Postgraduate Studies: B.Com provides a solid academic background for further studies at the postgraduate level. Graduates can pursue Master of Commerce (M.Com), Master of Business Administration (MBA), or other specialized postgraduate programs to enhance their knowledge and gain a competitive edge in the job market.
Government and Public Sector Jobs: B Com graduates are eligible for various government and public sector job opportunities. They can apply for positions in banking institutions, public accounting firms, government departments, regulatory bodies, and financial institutions. These jobs offer stability, benefits, and opportunities for professional growth.
International Opportunities: B.Com degree holders also have the potential to explore global career opportunities. Many multinational companies, financial institutions, and consulting firms value the skills and knowledge gained through a B.Com program, offering chances to work in different countries and gain international exposure.
Professional Growth and Advancement: With experience and additional qualifications, B Com graduates can progress to higher positions in their chosen fields. They can become financial analysts, account managers, tax consultants, marketing managers, HR managers, financial controllers, or even hold top executive positions in organizations.
B Com course attracts a lot of job opportunities across the world. Depending on the skills of the candidate, the Bachelor of Commerce Salary can vary Recruiting firms are lined up to hire B.Com graduates from esteemed colleges/ universities. Current business trends also suggest that BCom graduates are preferred by companies over postgraduates and technical degree holders. Commerce graduates have an edge due to the current curriculum and exposure to a variety of courses. A BCom graduate has all the important employability skills like analytical skills, financial skills, accounting knowledge, etc. which makes them more competitive and attractive to potential employers.
A career in commerce offers tremendous potential to those interested in it because there is a constant need for qualified individuals. Whether or whether one has an affinity for it is what matters in the end. In order to carve out a place in this ever expanding industry, one needs to be disciplined, committed, and focused. Following a bachelor's in commerce, employment options include positions in the following industries:
Accountant: A professional who performs accounting duties such as financial statement analysis, audits, or account analysis is known as an accountant. Accountants can start their own firms, work for accounting firms or large corporations with internal accounting departments, or both.
Auditor: An auditor is someone trained to look over financial records, validate their accuracy, and ensure that companies are adhering to tax laws. They protect businesses from fraud, draw attention to irregularities in accounting practices, and on occasion, they act as consultants, helping businesses find ways to increase operational effectiveness. Auditors play a variety of functions across a range of businesses.
Business Executive: Although the nature of the position varies depending on the firm, a business executive is someone who is responsible for supervising the management of a company. Executives are in charge of organizations and governments. They create plans to grow their companies.
Financial Analyst: Financial analysts are responsible for doing a variety of research tasks to support the investment plans of their clients or their own organizations and to make investment decisions. These positions require great quantitative and analytical skills and include a lot of data.
Tax Consultant: Helping individuals and organizations pay their taxes is the main responsibility of a tax consultant or counselor. Tax law, tax compliance, and tax planning are their areas of competence. For both long term and short term tax optimization, both individuals and business owners can hire a tax expert.
A few other prominent job profiles that B.Com graduates may work under are as follows:
A few of the well known employment areas that B Com graduates can work in are mentioned below:
B Com graduates are hired for a variety of entry-level positions in an organization's finance, accounting, banking, commerce, human resources, and administrative departments. Together with banks and insurance organizations, B.Com graduates are also employed by accounting and auditing corporations. A few of the top Bachelor of Education recruiters that hire graduates in India are as follows:
B Com Top Recruiters | |
Bajaj Allianz | United India Insurance |
Ernst & Young | TFC |
HDFC | Price Waterhouse Cooper |
HDFC Life | ICICI Prudential |
ICICI Bank | Citibank |
IndusInd Bank | KPMG |
Kotak Life | Max Bupa |
LIC | New India Assurance |
RBS | Deloitte |
SBI | Punjab National Bank |
Listed below are top job profiles and salary packages offered to Bachelor of Commerce graduates. B Com salary may vary depending on several factors like prior work experience, skillset, type of organization, etc.
Job Profiles | Average Annual Salary |
Tax Consultant | INR 5,00,000 LPA |
Auditor | INR 4,60,000 LPA |
Insurance Consultant | INR 3,00,000 LPA |
Stock Broker | INR 3,95,000 LPA |
Export-Import Manager | INR 2,50,000 LPA |
Accountant | INR 2,50,000 LPA |
Finance Consultant | INR 10,00,000 LPA |
Banker | INR 3,70,000 LPA |
Due to the myriad possibilities for employment, B Com is still the most popular undergraduate degree in India. The most significant industry in the nation is Commerce. The commerce sector and the employment available in it will expand in tandem with the economy. A BCom degree gives students a variety of applications and career prospects as a result. Choosing the ideal institution for candidates becomes a difficult undertaking at times. Therefore, we have compiled some of the best private and public colleges in India that offer B.Com course and course fees.
The table below mentions some of the top private colleges in India offering B Com course along with their respective course fee:
College Name | Course Fees (in INR) |
Symbiosis College of Arts & Commerce, Pune | 78K to 3.2 Lakhs |
St. Joseph's College of Commerce, Bangalore | 2.5 to 4.3 Lakhs |
Narsee Monjee College of Commerce & Economics, Mumbai | 35K to 3 Lakhs |
Loyola College, Chennai | 81K to 4.5 Lakhs |
Lovely Professional University, Jalandhar | 3 to 7 Lakhs |
Kristu Jayanti College, Bangalore | 2.5K to 4.08 Lakhs |
Christ University, Bangalore | 2 to 8 Lakhs |
Chanakya University, Bangalore | 3.8 Lakhs |
Amity University, Panjab | 4 to 5.4 Lakhs |
Alliance University, Bangalore | 6 Lakhs |
The table below mentions some of the top government colleges in India offering B.Com course along with their respective course fee:
College Name | Course Fees (in INR) |
T C Business School, Jaipur | 54K - 92K |
Sri Venkateswara College, University of Delhi | 37K |
Sri Guru Gobind Singh College of Commerce, Delhi | 85.5K |
Ramjas College, Delhi | 45K |
MCC - Madras Christian College, Chennai | 83.7K |
Lady Shri Ram College for Women, Delhi | 67K |
Kirori Mal College, University of Delhi | 37K - 41K |
Hindu College, Delhi | 55K |
Hansraj College, Delhi | 540 |
Gargi College, University of Delhi | 24K |
CA | Jewellery Designing |
MBA | MBBS |
B Pharmacy | D Pharmacy |
Merchant Navy | B Tech |
Aeronautical Engineering | B ed |
BBA | MCA |
BCA | D EL Ed |
BSc | CS |
BSc Nursing | Master of Arts |
Chartered Financial Analyst | Diploma |
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