B.Com. stands for Bachelor of Commerce. . The course can be pursued either as a Full Time Graduate Course or Part Time Graduate Course i.e. through Correspondence or Distance Education depending upon one’s choice. B.Com. (General) is often referred as simply B.Com. or B.Com. Pass Course. It is General in the sense that it is not Subject Specific and one can choose many combinations of subjects, apart from 1-2 Compulsory Subjects. These combinations vary from institute to institute. Mostly the duration of Bachelor of Commerce Degree spans over a period of 3 years. A person seeking the Commerce Degree needs to study 5-7 subjects. One can opt for various combinations depending upon the availability of choices in various Institutes. Most of the Institutes offer change of Elective Subjects in the 2nd year depending upon one’s performance or choice. The degree provides the students with a wide range of managerial skills and competence in an area of Commerce. It equips students with the knowledge of accounting principles, export and import laws, economic policies and other aspects that impacts trade and business. B.com provides you wide career opportunities like Accountant, Auditor, Tax consultant and so on.
It is one of the oldest degrees offered by Colleges in India. In the past, B. Com. used to be a general course, covering number of subjects, which were commonly related to commerce sector. Students had to select a combination of subjects that they had to then pursue. At present, the old B. Com. Program is offered across Colleges in India. Along with it, newly introduced specialization programs are also being offered across many Indian Colleges. A student can opt for specializations like B.Com. Economics, B.Com. Management Studies, B.Com. Computer Applications, B.Com. Foreign Trade Management, B.Com. Taxation, B.Com. Banking Management, B.Com. Accountancy, B.Com. E-Commerce etc.
Advantages Of Pursuing B. Com. Degree
When compared to many other professional courses, B. Com. is relatively easier to pursue and takes only 3 years to complete. Then comes the availability of Colleges offering B. Com. It is one such course that is taught at Colleges across India. One will be able to find many good Government as well as Private Colleges offering B. Com. program.
Then comes the availability of specializations and new B. Com. programs. B. Com. (Honours) program allows students to specialize in a specific discipline during the final year of the program. Making use of this opportunity, students may specialize in useful disciplines like- Law, Finance, marketing etc and thus give their career prospects a boost!
Also, B. Com. program could act like a basic foundation, on which you may build your career. For example, after B. Com. you may go for number of other programs like- MBA, Civil Services, Central Government jobs, Law, Chartered Accountancy, Company Secretaryship etc.
Bachelor of Commerce Subjects
- Cost Account
- Human Resource
B.Com Vs B. Com.(Honours)
B.Com programmes can be understood as an overview of all the subjects in the field of course. The subjects taught are same as B.Com (Hons.). However, students pursuing B.Com will not be able to do a specialization in a specific subject whereas most of the subjects taught are same, the major difference is that you can specialize in a specific subject or field through this programme. Students can pick a subject (such as Accounting or Economics) in the final year for the specialized studies.
The aim of this programme is to make the student familiar with different aspects of the commerce domain. Students pursuing the course will learn how business and trading is done whereas B.Com (Hons.) is a business-oriented course that develops the student’s business skills and provides in-depth knowledge of the field of commerce. Students pursuing this course will have an advantage if they want to pursue Chartered Accountancy side-by-side.
Admission is done on the basis of merit prepared on the basis of class 12 board result. The cut-offs for this course are relatively less than the cut-off for B.Com (Hons.) programmes whereas Admission criterion is same as B.Com programme. Cut-off for B.Com (Hons.) programmes is very high especially at prestigious colleges like SRCC, Ramjas College, Hans Raj College, etc.
B.Com programme is not valued as much in the business industry unless the students pursue a PG course after this programmes, such as MBA or M.Com whereas B.Com (Hons.) being a specialization course, offers better opportunities and good packages than B.Com. It is valued more by experts in the industry.
Although there are several job options after pursuing B.Com, salary packages are not as attractive as those offered to B.Com (Hons.) graduates. Freshers can expect salary packages up to Rs.14,000-20,000 per month whereas Salary packages after pursuing B.Com (Hons.) are quite good as the programme has good demand in the industry. Graduates can expect an entry-level package of Rs.25,000 to 45,000 per month. Salaries may vary depending on the college/university from where you have studied.
Some Institutes/Colleges offering Course
- Shri Ram College of Commerce, New Delhi
- Hindu College, New Delhi
- Lady Shri Ram College for Women, New Delhi
- Hansraj College, New Delhi
- Department of Commerce, Christ (Deemed to be University), Bangalore
- Loyola College, Chennai
- Kirori Mal College, New Delhi
- Madras Christian College, Chennai
- St Joseph’s College of Commerce, Bangalore
- Mithibai College of Arts, Mumbai
- St. Xavier’s College, Mumbai
- Narsee Monjee College of Commerce and Economics, Mumbai
- Symbiosis College of Arts and Commerce, Pune
- Jesus and Mary College, New Delhi
- H.R. College of Commerce & Economics, Mumbai
- K. J. Somaiya College of Arts and Commerce, Mumbai
- Banaras Hindu University, Varanasi and many more…
Jobs after B.Com
- Chief Financial Officer
- Budget Analyst
- Cost Estimator
- Business Consultant
- Finance Manager
- Certified Public Accountant
- Financial Analyst
- Chartered Management Accountant
- Stock Broker