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Bachelor of Commerce (B.com) – Subjects, Fees, College and Career scope

Home | Future Scope of BBA Degree in India – A complete Guide

Future Scope of BBA Degree in India – A complete Guide

09, may 2022

Introduction— What Is B.com?

B.com or bachelor of commerce is a three-year undergraduate course that students can opt for after completing their 12th grade with commerce. It is the most popular course that commerce students go after as it is directly synchronized with their line. Studying B.com gives the students a headway into working in the BFSI (Banking, financial services and insurance) sector. The subjects are usually a mix of accounting, law, and management, which means the range of careers, though interrelated, is diverse.

B.com Curriculum in India

Curriculum pursuing B.com as a degree is important in helping students acquire conceptual knowledge of subjects like financial accounting and more so that they can better impart skills and be a debt in recording different business transactions. Subjects like business management under this curriculum help provide basic knowledge to students about the organization and management of an enterprise. Each subject has a different course objective. Business law for one is taught to provide knowledge on business legislation in power with relevant case laws. Likewise business mathematics and statistics. Similarly, students are taught about applying math’s and statistical techniques for decision making.

Various laws such as the company law and income tax law are taught to equip students on how to apply principles and provisions of these taxes along with their relevant rules. The application of computers in business is also taught to enhance the understanding of students on the usefulness of information technology for business operations. Subjects focus on communication are a part of the curriculum to expand comprehension skills reading skills writing skills communication narrative and leveraging media for business strategies.

Eligibility Criteria to Pursue B.com in India

  • Students must have completed their 12th grade from commerce stream.
  • Students from other streams beside commerce, may also apply at the discretion of the university
  • Cut-off percentages exist at colleges. Students must have received a score that is more than or equal to the cut-off percentage. Some Colleges continue to lower cut-off percentages until all seats are filled.
  • Private colleges sometimes admit students regardless of their grade point average.
  • Apply For B.Com Course

Semester Wise Subject Breakup of B.com

Semester I

  • Environmental Studies
  • Financial Accounting
  • Business Organization and Management
  • English Language

Semester II

  • Language: English/Hindi/Modern Indian Language
  • Business Law
  • Business Mathematics and Statistics
  • Hindi/ Modern Indian Language

Semester III

  • Company Law
  • Income Tax Law and Practice
  • Hindi/ Modern Indian Language
  • Computer Applications in Business

Semester IV

  • Business Communication (English/Hindi)
  • Corporate Accounting
  • Cost Accounting
  • E-Commerce

Semester V— choice-based course electives to choose from

  • Human Resource Management
  • Principles of Marketing
  • Auditing and Corporate Governance
  • Fundamentals of Financial Management
  • Indirect Tax Law
  • Entrepreneurship
  • Principles of Micro Economics

Semester VI— choice-based course electives to choose from

  • Corporate Tax Planning b. Banking and Insurance
  • Management Accounting
  • Computerized Accounting System
  • Any one of the following
  • International Business
  • Office Management and Secretarial Practice
  • Fundamentals of Investment
  • Consumer Protection
  • Personal Selling and Salesmanship
  • Indian Economy

Top 10 Government Colleges Offering B.com in India and Their Fees

Name of the institution Average annual fees
Shri Ram College of Commerce-DU INR 30,000
Lady Shri Ram(LSR) College for women INR 19,870
Loyola College, Chennai INR 12,650
Hansraj College-DU INR 20,945
Gargi College-DU INR 12,495
Banaras Hindu University, Varanasi INR 3,420
Jamia Millia Islamia University New Delhi INR 7,200
St Xavier’S College Ahmedabad INR 60,485
Savitribai Phule Pune University INR
Guru Gobind Singh Indraprastha University INR 83,000

Top 10 Private Colleges Offering B.com in India and Their Fees

Name of the institution Average annual fees(in lakhs)
Saint Xaviers College Mumbai INR 5537
Madras Christian College Chennai INR 6000
Christ University Bangalore INR 245000
R.A. Podar College of Commerce &economics Mumbai INR 40900
Symbiosis College of Arts &Commerce Pune INR 19100
HR College of commerce &economics Mumbai INR 18162
Saint Joseph's College of Commerce Bangalore INR 132500
KJ Somaiya College of Arts &Commerce Mumbai INR 9995
Kasturi Ram College of Higher Education INR 191000
Vivekananda Institute of Professional Studies Delhi INR 87800

Scope of Pursuing B.com in India

E-commerce and Fintech are currently hot in India. As the technologies emerge further, this sector will witness a boom in the upcoming years, and acquiring a base in this line through B.com is as smart a decision as it gets. Similarly, sectors like Edtech, Influencer Marketing, and Digital Marketing are the current hot trends that can benefit from the expertise of a B.com Graduate. Apart from these, students look forward to a remunerative career after this course as they can get a headway into various specializations, depending upon their interest. These speculations range from:

  • B.Com. in Tourism & Travel Management
  • B.Com. in Taxation
  • B.Com. in Economics
  • B.Com. in Humans Resources
  • B.Com. in Financial Management
  • B.Com. Honors
  • B.Com. in Accounts & Finance
  • B.Com. in Marketing
  • B.Com. in Banking & Insurance
  • B.Com. in Law

Career Prospects after Studying B.com

Foundation Course— CA, CS, CMA

CA, CS, and CMA are all 3 tier examinations in India which entail lifelong job security. The subjects under all these 3 courses range from finance, law, accounting, auditing, cost management, and other related areas of study, all of which fall under the broader course of B.com. While a b.com degree is not needed to crack these exams, it sure adds to the portfolio, expertise, background, and areas of specializations under the respective field.

2. Masters in Commerce

A master's degree in commerce can help you establish a good business and accounting career. After finishing their M.Com, students will have access to higher-paying private and government jobs. Students learn about research, teaching, and a variety of other topics. It's a professional, job-oriented master's degree that allows students to advance their knowledge, skills, and abilities in any or all of the many disciplines of commerce, including Finance, Finance Management, Corporate Finance, Accounting, Banking, Insurance, and Income Tax, while also landing a great job.

B.Ed

If a student wants to pursue full-time teaching at a senior secondary level, then B.Ed. is the most feasible choice for them. They can teach a multiplicity of subjects in the commerce stream, ranging from business, accounts, and math’s.

Corporate Job

This is the most straight career path for b.com graduates. They can work as full-time professionals at MNCs and corporate giants, at positions like Finance manager, risk analyst, accountant, business analyst, digital marketer, and many more.

Digital Marketing

Owing to the consistent technological advancements happening around the globe, digital marketing has come up as a creative career avenue that allows professionals to explore the scope of online businesses, e-commerce, social media marketing, influencer marketing, and more alike.

Conclusion

If you wish to pursue a career in the nation's ever-growing commerce industry, B.Com. Is the degree to acquire? There are various occupations you might consider, and the majority of them pay well and offer benefits. The most essential thing to remember is that you must enroll in a B.Com. programme at the appropriate institution. So spend some time looking for a great university and put yourself on the growth trajectory to a distinguished career.