What is B.Com?

What is B. Com

Find out more about B Com Degree Course

What is B.Com?

The full form of B. Com is Bachelor of Commerce it is a 3-year program in India, both under regular and distance mode, students can join under any options.

B Com is a very popular course among students who have passed their 12th standard. B Com is one of the most popular courses in India, this course is liked by many students because of its diversified career prospects.

Students after passing 12th  Commerce love doing their B Com course, there are few who opts for science stream or arts, but mostly jump for commerce stream.

In B Com candidates are taught various subjects related to accounts, finance, taxation, and economics. Further, in 3 years duration, they are given options to choose subjects of their choice and interest. This course is usually divided into 6 semesters, during which students are exposed to various subjects like accounting, finance, taxation, business law, auditing, economics, management, and many more.

B Com is one of the best courses that can be pursued by the student who is looking for a career in the field of accounting, finance, taxation, banking, economics, CA chartered Accountant, ICWA cost accountant, CS company secretary, Banker, tax advisor and many more.

They can pursue careers in teaching, law, management, journalism, professions like CA, ICWA, CS, lawyers, Loan officers, Bankers, Auditors. On average starting salary of simple plain, B Com student is around 3 lakhs per annum.

 Types of B Com courses.

  • B Com (general-pass course)
  • B Com (honors)
  • B Com (Llb Law)
  • B Com (Vocational)
  • B Com Economics
  • B Com Foreign Trade Management:
  • B Com Management Studies
  • B Com Computer Applications
  • B Com Taxation
  • B Com Banking Management
  • B Com Accountancy:

B Com (Pass Course)

This is one of the simple and general forms of B Com, there is no scope of any specialization during the program, this is very popular among students.

B Com (Honors)

B Com honors (Hons) is a specialized program, mainly it is meant for those students who want to do specialization in the subjects like Accounting, Economics. Students are given in-depth knowledge about the subjects involved. Subjects like cost accountancy and organizational behavior are subjects where the focus is laid. Those students who want to pursue their career in professional courses like CA, ICWA, CS  can opt for the Honours Program.

B Com (Vocational)

This is a very uncommon option, as the name suggests, it is vocational training, the focus remains on skill development of the student, objective of this course is not specialization in subject matter but on skill development, like Tally Training. This course is focused on job students getting placement immediately after this course.

B Com in Economics: 

B.Com in Business Economics as the name suggests, the focus of this program mainly remains on economics, economic challenges, and financial issues faced by the economics of any country. Those who want to become economists or professors, want to do research work, those who want to look for a career in journalism can opt for this course. Many prominent economists and economic advisors in India come through this stream.

B Com in Management Studies:

There are many universities and colleges which offer this B.Com in Management Studies course   In this course, the main focus remains on management subjects, various aspects of the organization and managerial solutions, and operations. Some of the main topics include Commercialization, Statistical research, organization and management, Customer demands pattern, demand forecasting techniques.

B.Com in Computer Applications:

B Com in Computer applications is designed to help students to perform specific work. This course focus on the development of a specific skill set for the fields like- banking, accounting, insurance, stock markets,  marketing, e-commerce. Software like Tally and Busy becomes part of the curriculum.

B Com Foreign Trade

The course includes an accounting of management of resources, study involving business and trade relations among countries, management of trade flow, studying foreign trade policy and its impacts on GDP.  

B.Com Taxation:

A taxation degree course focus on professional qualification in taxation, direct tax like income tax, indirect tax like:- GST, thus it helps students to learn more about the Indian taxation system and its implication in the economy as a whole. This course is meant for those students who are more inclined towards the taxation system, or who want to opt for professional courses like CA, ICWA, etc.

B.Com Banking Management

This course focus on the banking system in the country, making students aware of banking operations, and various procedural matters involved in baking. The banking sector in India is going through technological changes very rapidly, hence those who are interested to make a career in the banking sector can opt for such courses for a bright and successful future.

B.Com Accountancy

B.Com in Accountancy puts a strong emphasis on accounting and professional development in all aspects of accounting.

B.Com E-Commerce

Under this course, candidates learn online business practices and procedures. After the advent of the internet and its great expansion into the Indian online business, many business portals have mushroomed all over the country. To fulfill the needs of manpower B com in E-commerce.   This degree course is very useful for those looking for a career in online business.

Who can do B Com its Eligibility? 

B Com is offered by every university or college under regular as well as distance mode.

  • Students must have studied Commerce till 12th class with Accountancy, Economics Business Studies, English as main subjects.
  • Minimum cut-off criteria in marks obtained vary from college to college.
  • Every college/university has its own admission criteria.

B Com Syllabus

B Com syllabus can be broadly divided into various semesters, every college and university has its own subjects and areas, however, most of the subjects are very common these days. Detail semester wise subjects list is given below:-

Syllabus Semester one 1

  1. Financial Accounting.
  2. Principles of Micro Economics.
  3. New Venture Planning.
  4. Business Organization and Management.
  5. Environmental Studies.

Syllabus Semester two 2

  1. English Language.     
  2. Business Laws.
  3. Principles of Macro Economics.
  1. Business Mathematics and Statistics.
  2. Foreign Exchange Markets.   
  3. Economics of Regulation.

Syllabus Semester three 3

  1. Company Law.
  2. Financial Analysis and Reporting.
  3. Income Tax Laws.
  4. Banking and Insurance.
  5. Economy or Financial Markets.

Syllabus Semester four 4

  1. Indirect Tax Laws.
  2. Corporate Accounting.
  3. Human Resource Management.
  4. Industrial Laws.
  5. E-Commerce.
  6. Stock Markets.

Syllabus Semester five 5

  1. Corporate Governance
  2. Auditing          
  3. Principles of Marketing
  4. Cost Accounting
  5. Computer Applications in Business.
  6. Advertising.

Syllabus Semester six 6

  1. Corporate Tax Planning.
  2. Financial Management.          
  3. Business Communication.
  4. Fundamentals of Investment.
  5. Office Management, Secretarial Practice.
  6. International Business.

B Com Jobs & Salaries

Frankly speaking, a B com degree is not enough. After completing B com, students should pursue some higher education, like post-graduation in commerce, M Com, CA, ICWA, CS . Commerce graduates can also appear for competitive examination, apply for government jobs or try for jobs in the private sector as well. There are different types of jobs available at different levels in any organization. 

Some of the job profiles a commerce graduate can opt for are given in the list below.

  1. Accountant (Average Salary Rs 2 lakh)
  2. Financial Analyst (Average Salary Rs 3.7 lakh)  
  3. Financial Consultant (Average Salary Rs 5 lakh)  
  4. Account Executive (Average Rs 2.5 lakh)
  5. Jr Accountant  Rs (Average 1.75 lakh)
  6. Business Consultant ( Average Rs 9 lakh)  
  7. Accounts Manager (Average Rs 5.8 lakh)
  8. Business Executive (Average Rs 3 lakh)
  9. Tax Consultant (Average Rs 4.5 lakh)

List of Top Recruiters after B Com

  1. SBI
  2. Punjab National Bank
  3. ICICI Bank
  4. Citibank
  5. HDFC
  6. Pricewaterhouse Cooper
  7. RBS
  8. Deloitte
  9. IndusInd Bank
  10. KPMG
  11. Ernest & Young
  12. TFC
  13. LIC
  14. New India Assurance
  15. Bajaj Allianz
  16. United India Insurance
  17. HDFC Life
  18. ICICI Prudential
  19. Kotak Life
  20. Max Bupa
  21. Indian Tobacco Company (ITC) Limited
  22. Hindustan Unilever Limited (HUL)
  23. Reliance Industries
  24. Tata Consultancy Services (TCS)
  25. Oil and Natural Gas Corporation (ONGC)
  26. Housing Development Finance Corporation (HDFC)
  27. Infosys
  28. Eicher Motors
  29. Sun Pharmaceuticals  Limited
  30. State Bank of India (SBI)

FAQs related to B Com  course

  1. What is eligibility B com?
  1. Candidates should have passed 12th in commerce.
  1. Which are the best colleges for B Com in India?
  • Christ University in Bangalore.
  • Shri Ram College  
  • Hindu College in Delhi.
  • Xavier’s College in Kolkata.
  • Loyola College in Chennai.
  • Hansraj College Delhi.
  1. Entrance exam to get admission into a top college?
  1. Candidates can appear for
  • DU Entrance Test.
  • AMU Entrance Exam.
  • Christ University Entrance.
  • Jamia Milia Islamia Entrance Exam  
  1. Career opportunities for B Com?
  2. There are many job opportunities after B Com, students can become:-