All about B.com Course Full Form, Subjects, Course, Admission, Colleges, Courses List, Jobs

WHAT IS B.COM

BCom or Bachelor of Commerce course is a three-year UG degree course recognised by the Universities Grants Commission (UGC). Along with the full-time delivery mode, one can also pursue Distance BCom or Online BCom course. BCom is one of the most popular courses amongst the Class 12 graduates with the Commerce stream. As per the AISHE reports, with nearly 9.33 lakh enrolment, B.Com has been the third most desired course in India after Class 12. Besides B.Com, candidates can also pursue BCom (Honours) if they wish for in-depth knowledge in the Commerce stream.

The honours course is designed to offer knowledge in specialised subjects; while, the general BCom course focuses on an overview of all the subjects under the umbrella of the Commerce stream. Apart from BCom General or BCom Hons, several universities offer integrated B.Com courses; BCom LLB, BCom MBA and BCom CMA are a few of the integrated courses on offer.

The three year BCom course is divided into six semesters. Students pursuing the course can choose elective subjects of their choice in some semesters. Subjects taught during a BCom degree course includes Financial Accounting, Business Laws, Economics, Taxation, Auditing, Cost Accounting, among others. With a BCom degree, one get an option to start a career in related fields such as Finance, Accounting, Banking, Insurance, etc. The average starting salary of a BCom graduate is INR 3 LPA. Besides B.Com, a major chunk of students passing Class 12 with Commerce stream aspire for Chartered Accountancy, Company Secretaryship, and Cost Accounting. After completion of the BCom course from a recognised institute, one can go for courses in teaching, advertising, journalism, mass communication, design, law, etc.

B.COM SYLLABUS

BCom syllabus is broken into six semesters and below is the semester-wise list of subjects taught as per the BCom course curriculum:

B.Com Syllabus – 1st Year
Semester	Subject
BCom Syllabus – 1st Semester	Environmental Studies
	Financial Accounting
	Business Organisation and Management
	Generic Elective*	a) Principles of Micro Economics
	Generic Elective*	b) New Venture Planning
BCom Syllabus – 2nd Semester	Language
	Business Laws
	Business Mathematics and Statistics
	Generic Elective*	a) Principles of Macro Economics
	Generic Elective*	b) Economics of Regulation of Domestic and Foreign Exchange Markets

B.Com Syllabus – 2nd Year
Semester	Subject
BCom Syllabus – 3rd Semester	Company Law
	Income Tax Laws
	Discipline-Specific Elective*	a) Indian Economy
	Discipline-Specific Elective*	b) Financial Markets and Institutions
	Skill Based Subject*	a) Banking & Insurance
	Skill Based Subject*	b) Financial Analysis and Reporting
BCom Syllabus – 4th Semester	Indirect Tax Laws
	Corporate Accounting
	Discipline-Specific Elective*	a) Human Resource Management
	Discipline-Specific Elective*	b) Industrial Laws
	Skill Based Subject*	a) E-Commerce
	Skill Based Subject*	b) Investing in Stock Markets

B.Com Syllabus – 3rd Year
Semester	Subject
BCom Syllabus – 5th Semester	Auditing and Corporate Governance
	Cost Accounting
	Discipline-Specific Elective*	a) Principles of Marketing
	Discipline-Specific Elective*	b) Training and Development
	Skill Based Subject*	a) Computer Applications in Business
	Skill Based Subject*	b) Advertising
BCom Syllabus – 6th Semester	Fundamentals of Financial Management
	Business Communication
	Discipline-Specific Elective*	a) International Business
		b) Consumer Affairs and Customer Care
		c) Entrepreneurship & Small Business
		d) Organisational Behaviour
		e) Indian Polity and Governance
		f) Office Management and Secretarial Practice
		g) Corporate Tax Planning
		h) Fundamentals of Investment
		i) Management Accounting
	Skill Based Subject*	a) Personal Selling and Salesmanship
	Skill Based Subject*	b) Cyber Crimes and Laws

ELIGIBILITY CRITERIA

.Not everyone is eligible to do B.Com. You need to clear certain eligibility criteria that you need to fit into. This is the following criteria:

You need to have passed 12th standard in the commerce stream
12th standard graduates from other streams may also apply based on the discretion university and college.
Colleges have cut-off percentages. You need to have scored more or equal to the cut-off percentage. Only then can you get admission. Colleges keep reducing cut-off percentages till seats get full.
Private colleges can grant direct admission irrespective of the candidate’s percentage.

Required Skills for B.Com. Course

There are some skills required to do well in B.Com. They will help you excel in the course. Here are the required skills: –

Communication Skills – Communication skills are important because during the course, and in your career, you will be working with many people.
Accounting Skills – Accounting is one of the main subjects in B.Com. It plays a huge role in the marks you score, the careers you get, and the salary you earn.
Presentation Skills – Most modern B.Com. courses need this skill. You will be presenting assignments in your course, and even in your career.
Management Skills – Many B.Com. graduates go on to become managers. So, if you have good management skills, you can go far in your career.
Well Informed – B.Com. students need to have good knowledge of the economy and current affairs as this knowledge is tested in the B.Com. course.

Admission process

India has many top universities in the country, but each of them has different admission procedures. However, these procedures are not too different from each other when it comes to admission for the B.Com. degree course.

The following is the common admission procedure you will have to go through for B. Com course:

After passing your 12th standard, you have to fill out the university forms available on the university website.
Fill out the form in which you can provide a list of preferred colleges.
With the form, you have to attach a digital copy of your 12th standards marksheet and pay the required online fees.
Based on your 12th score and preferred colleges, you will be granted admission.
On the rare occasion, you don’t get admission into the college of your choice, you can wait till the university admission procedures are over and approach for direct admission.

Some universities may have a different admission procedure, but it will not differ much from the procedure stated above

Fee structure

One of the biggest reasons why so many students choose B.Com. is that it is one of the most affordable graduate courses, which also provides good career options. It is a complete value-for-money degree course. Today, most B.Com. degree courses have a fee range in INR 10,000 to INR 50,000. The fee structure may differ, but most colleges prefer you to a certain amount of fees each year.

Specialisations

During your 3 years of education in B.Com., you can choose specializations. These specializations are the deciding factors for your future career. Information on them will help you make up your mind in advance.

Here are the B.Com. specializations:

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

These specialization open doors to excellent careers in the fields they are related to. These specialization also ensure graduates get good salaries and benefits. You can also think of doing professional degrees like Chartered Accountancy and Company Secretary. Many B.Com. graduates do these courses.

Scope in India

B.Com. remains the most popular undergrad course in India as there is a lot of scope for making careers. Commerce is the most important industry in the country. It is one of the highest contributors to the economy. So, as the economy grows, the commerce industry will also grow along with careers in it. Therefore, a B.Com. has a lot of scope and will set you up for an excellent career.

Top colleges in India

IIFA
SRCC, Delhi
Hindu College, Delhi
Lady Shri Ram College for Women, Delhi
Hansraj College, Delhi
Loyola College, Chennai
MCC, Chennai
Christ University, Bangalore
Ramjas College, Delhi
Narsee Monjee College of Commerce & Economics, Mumbai

Career or Jobs Opportunities after B. Com Degree

Before deciding to do B.Com., you have to know what jobs and careers become available to you. This will help you decide the subjects and specializations to choose and further motivate you to do well in your course.

1. Accountants –

After specialising in accounting subjects, you can become an accountant and land a good job. Many companies are in constant need of good accountants and they also pay well.

2. Banker –

Many commerce students aim for banking jobs. These are some of the cushiest jobs that have excellent pay and benefits. Banking jobs also have a lot of job security.

3. Office Administrators –

Office administrators are the ones in charge of running an office. They have many important roles and responsibilities. They are also in charge of managing the petty cash and the

4. Marketing Executives –

Owing to a B.Com. graduate’s knowledge of products, services, finance, accounting, and marketing, they do well in the field of marketing. Marketing jobs also come with additional perks like sales commissions.

5. Insurance Brokers –

Insurance is one of the fastest-growing industries in the country. Many B.Com. graduates find stable careers in this industry. Insurance brokers have high earning potential.