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All About B.Com - Full Form, Admission, Courses, Syllabus, Eligibility & Careers

04 July,2022  |  By Brainwonders

This Blog Includes:

  • What is the full form of B.Com?
  • What is B.Com course?
  • B.Com Course: Quick Highlight
  • Types of B.Com Programmes Available in India
  • Why should one pursue B.Com?
  • Eligibility Criteria of B.Com
  • Does a B.Com. Require work experience? 
  • Is it required to give any entrance exams for B.Com?
  • What is the difference between Distance and Online B.Com?
  • B.Com Course Specialisations
  • What is the fee of B.Com?
  • How to Get a Scholarship for B.Com?
  • What are the top Colleges for B.Com?
  • What is the average salary of a B.Com graduate?
  • B.Com Scope & Career Opportunities
  • Top Recruiter for B.Com Students
  • Short-Term Courses After B.Com
  • Professional courses after B.Com

What is the full form of B.Com?

BCOM

The full form of B.Com is Bachelor of Commerce, which is a 3-year undergraduate degree course offered to students who have completed their higher secondary education (10+2). B.Com students gain a conceptual and broad understanding of business as well as accumulate the necessary knowledge of finance and accounting.

In the B.Com course, students can understand more about taxation, management, accounting, finance, statistics, and other financial aspects in the area of research.

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What is B.Com course?

Bachelor of Commerce is an undergraduate degree course that teaches the students about finance, accounting, taxation, and other essential aspects of commerce which help them to understand the trade or commerce world. The B.Com course is pursued by students who have a genuine interest in commerce and want to deeply gain sound knowledge about finance, accounting, management, taxation, statistics, etc.

B.Com Course: Quick Highlight

Full Form Undergraduate
Course level Undergraduate
Duration 3 years
Fee Structure INR 10,000 to INR 50,000
Eligibility Criteria 12th from a recognised Board
Mode of learning Regular, Distance and Online
Admission Procedure Merit based
Salary structure INR 3 to 6 LPA

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Types of B.Com Programmes Available in India

B.Com Programmes Available in India

Students are advised to choose a programme as per their availability and requirement; for example, if you are willing to work along with graduation, you can pursue an online B.Com programme or Distance programme. At the same time, those who want to dedicate their time to getting a B.Com can complete the B.Com course through regular B.Com.

Types of B.Com Admission Criteria Fees
B.Com Regular Merit based/ Entrance based INR 10,000 to INR 1 Lakh
B.Com Distance Merit based/ Entrance based INR 45,000 to INR 60,000
B.Com Online Merit based INR 20,000 to INR 35,000

NOTE: The admission fee for B.Com might vary as per the institute of the university

Why should one pursue B.Com?

The reason for pursuing a B.Com course depends on the type of career they want to do ahead B.Com. For example, if a student has decided to pursue the CA (Chartered Accountant), then he should be opting for a B.Com course because one doing CA has to complete their graduation. In this case, he will be definitely pursuing the B.Com course.

Reasons why a Bachelor of Commerce is a good fit for students

  • B.Com will open doors for a broad career scope in finance and management courses.
  • Various specialisation B.Com courses available for students 
  • This course is good for those who want to start a career in professional management, accounting and finance courses.

Eligibility Criteria of B.Com

Most institutes offer a Bachelor of Commerce in regular, distance and online modes. However, the eligibility criteria for regular and distance B.Com are almost the same, but taking the admission to distance B.Com is still easier. The eligibility criteria for distance B.Com:

  • Students must have passed all the exams of 10 + 2 from a recognised board.
  • The candidates should have completed 12th Commerce stream with subjects like Economics, Business, Maths/optional subject and English.
  • Most universities don't put an age barrier for online B.Com courses.

Does a B.Com require work experience? 

Bachelor of Commerce is a course pursued by students who have completed their 12th, and these students can directly take the admission in B.Com course without having any work experience. Students do not worry about their work experience to take admission in regular/ distance/ online B.Com.

Is it required to give any entrance exams for B.Com?

Online B.Com does not require an entrance exam, and most colleges offer admission to traditional B.Com on a merit-based basis. However, some universities require entrance tests for admission to the B.Com course.

Entrance tests such as LPU NEST, Christ University Entrance Test, AMU Entrance Exam, and others are used to get admission to some of India's leading BCom colleges. 

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What is the difference between Distance and Online B.Com?

Distance B.Com is a three-year UG course in commerce explicitly intended for working people. This programme does not need students to attend regular on-campus lectures, and the value of distance B.Com is the same as standard B.Com. However, distant B.Com does not include online tests, whereas online B.Com includes online exams and timely online lectures via a learning management system. 

B.Com Course Specialisations

The Bachelor of Commerce course is available in various specialisations per the students' requirements. As a result, students can pursue the B.Com course as per their specialisation. Various universities provide different specialisations in B.Com to provide the utmost knowledge of subjects. The list of major disciplines are:

What is the fee of B.Com?

The average cost one might incur to complete the B.Com course is INR 10,000 to INR 1,00,00. The course cost might differ as per different universities, and if you pursue an online B.Com programme, one is likely to incur less cost.

How to Get a Scholarship for B.Com?

Some colleges offer scholarships to students depending on specified requirements.

University scholarships that students are likely to get include: 

  • Scholarships are based on merit
  • Even the scholarships are also based on the income of the family
  • Scholarships are provided for reserved categories like SC, ST, OBS, etc.

What are the Top Colleges for B.Com?

B.Com is a valid programme and is offered by various universities or institutions in both online and regular mode. Here is the list of top colleges where one can study B.Com:

  • Chandigarh University
  • NMIMS
  • Jaipur National University
  • Amity University
  • Karnataka State Open University
  • University of Mumbai
  • Tamil Nadu Open University
  • Panjab university
  • Dr. B.R. Ambedkar University

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What is the average salary of a B.Com graduate?

Bachelor of Commerce is available both in regular as well as distance mode and brings plenty of career options to go for in future. The B.Com course is available in various specialisations, and students can earn between INR 4-6 lakh in almost every field. Hence the salary might be inverse if you are going for higher studies like CA, CS, CMA, etc.

B.Com Scope & Career Opportunities

Online B.Com or Bachelor of Commerce programmes provide a firm grasp on concepts such as commerce, finance, accounting, and business.

As a result, there is a wide range of opportunities for students to pursue jobs in industries such as banking, management, marketing, accounting, and others. Students can pursue PG degrees such as MBA and M.Com, or they can look forward to courses such as ICWAI, CA, and CS. 

  • Auditors
  • Business Consultants
  • Certified Public Accountant
  • Chief Financial Officer
  • Budget Analysts
  • Business Operation Manager
  • Chartered Management Accountant
  • Investment Banker

Top Recruiter for B.Com Students

Some might think that getting a job right after B.Com is challenging. But some firms hire freshers who are B.Com graduates for various positions. Here are the major top recruiting companies that hire B.Com graduates:

  • HDFC
  • KPMG
  • Ernst & Young
  • Punjab National Bank      
  • Bajaj Allianz      
  • IndusInd Bank      
  • Deloitte
  • LIC
  • Citibank

Short-Term Courses After B.Com

Those who do not want to pursue a master's degree immediately after finishing their B.Com might make short-term online courses while working: 

  • PG Diploma in Banking
  • Diploma in Financial Management
  • Diploma in HR Management
  • Diploma in Business Management
  • Certificate program in Digital Marketing

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Professional courses after B.Com

After the completion of the B.Com, one can pursue a professional commerce course that is highly scalable. Here are some top professional courses after B.Com:

  • Master of Business Administration (MBA)
  • Master of Commerce (MCom)
  • Chartered Accountancy (CA)
  • Financial Modelling.
  • Chartered Wealth Management (CWM)
  • Company Secretary (CS)
  • Financial Risk Management.
  • Business Accounting and Taxation

We hope this blog post helps provide detailed information about the B.Com course. For the students who are still confused about whether they should opt for B.Com or not, we would recommend you go for Career Counselling. We at Brainwonders provide career counselling for students who are confused about their careers. Our experienced counsellor provides necessary guidance and assistance for students who are confused about their career and help them make a decision about career selection that will lead to a better future.

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