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24 January,2024 | By Brainwonders
The Bachelor Of Commerce (Honours) is basically a three year degree programme which is mostly pursued as a graduation programme for the field of commerce, economics, financial management, taxation etc. In terms of B.Com honours, the scope for the opportunities are vast. Students related to finance and accountancy backgrounds are enormously demanded in MNCs, corporate firms, Personal Financial Advisors etc. Also Public Sector Undertakings are one of the good options where individuals can find various suitable jobs for B. Com (Honous) graduates. B. com (hons) students also have enormous options for careers in management , journalism, teaching, advertisement industry, mass communication, law, etc.
As per the central policy, from 2022 onwards 45 central and many other (state, private, autonomous and deemed) universities will be taking UG admissions on the basis of the CUET(Common University Entrance Test) scorecard of the students. As far as eligibility criteria is concerned it may vary from universities to universities and college to college. In this article let us learn about the top colleges, universities, career scopes and eligibility for B.com (honours) in detail for a clear concept.
Value | Particulars |
Programme Type | Degree |
Course Level | Undergraduate |
Duration | 3 year programme |
Eligibility Criteria | 10+2 in commerce (Accountancy, Business Studies, Maths and English with main subject) |
Admission Process | 10+2 merit/ Entrance examination |
Semester Wise/ Year Wise | Semester Wise |
Entrance Examination | CUET, IPU CET, DUET, NPAT, BHU UET |
Average Fee | Rs 50,000 to Rs 1,00,000 |
Career Opportunities | Chartered Accountant, Accountant, FRM( financial Risk Manager), Marketing manager. |
Average Annual Salary | Rs. 7-8LPA |
Among all Undergraduate courses, option Bachelor of commerce is the most famous course. One of the most versatile degrees that offers leads to a variety of work opportunities. In Today's world, people are more interested in setting up their own business and a Bachelor in Commerce (Honours) provides a promising future with many prospects. It has a lot of room to grow in terms of new industry patterns, taxation, auditing and other business-oriented and management related subjects.
For getting admissions to an Undergraduate course the candidate has to apply and write the CUET exams. The admissions will be based on the CUET(Common University Entrance Test) score. For filling the application form of CUET, candidates have to markup the eligibility criteria B. Com honours, i.e to pursue and clear Commerce in classes 11th and 12th with Accountancy, Business Studies, Economics, Maths and English as their main subjects.
For detailed information regarding various commerce courses after 12th, their eligibility criteria and career options, check the table below.
Check out the top most colleges and universities in India offering various B. Com honours programs:
COLLEGES | ADMISSION PROCESS |
Hindu College, Delhi | CUET ( Common University Entrance test) Score |
Hansraj College, Delhi | CUET Score |
SRCC Delhi | CUET Score |
Kirori Mal College, Delhi | CUET Score |
Courses are diverse, and one can earn up to INR 7-8LPA as a fresher in MNCs, or as a financial consultant, personal financial advisor are the career options after the completion of B.com honours. The opportunities are enormous in both private sector as well as government sectors and different sectors such as finance, economics, banks, corporate and many more. The programme just does not provide the required standard knowledge to make a career in the field of finance. It also provides help in the training of many certification courses like CA, CFA, CMA, CFP, etc.
After the completion of B. Com Honours, candidates can prepare and earn these certification courses based on their interest, which shall help them to set their career in India or even Abroad:
CERTIFIED COURSE | DETAILS |
Certified Management Accountant (CMA) | This is the best career option offered globally. CMA is the gold standard certification in management accounting and finance globally. An individual can earn up to 5.5-20 LPA post completion. It is also offered by IMA(Institute of Management Accountants). |
Financial Risk Manager (FRM) | If an individual is good at risk management then should go for the Financial Risk Manager career option. FRM is a qualification for risk management professionals. It is also a globally recognized programme for finance and banking professionals by GARP. USA( Global Association Of Risk Professionals). The average salary offered is 9-18 LPA. |
Association of Chartered Certified Accountants (ACCA) | ACCA is a global body that provides students a Certified Chartered Accountant Certification. ACCA includes subjects like corporate and business, finance and management accounting. Students can have career options in India and globally with a salary around 6-16 LPA. |
Public Accounting (CPA) | CPA is a globally recognized designation and is the highest standard of ability in accountancy. It is administered by the world's largest accounting body AICPA(American Institute Of Certified Public Accountants). The average salary is around 6-19 LPA. |
Chartered Financial Accountant (CFA) | CFA is one of the most respected and difficult courses to qualify for globally. One can achieve the highest distinctions in the investment management field.The major requirement is to qualify three levels of examinations in order to officially work as a CFA. The average expected salary of around INR 4-25 LPA. |
Enormous Career Choices: There are several career options that will be open for B.Com (Hons) students after pursuing a B.Com degree like M.COM, MBA, CA(Chartered Accountant), CS (Company Secretary) and many diploma courses also.
Outstanding Improvements in the Workspace: Graduation is a person's will to persistence, determination, inspiration and ability to handle challenging and typical positions, all of which are needed by those who fill the positions like managers and directors. Thats why, after pursuing a B.Com one gets to work in a better environment than an individual normally would.
Vast Area of Work: After graduating with a B.Com degree candidates have a great choice in various fields where one can test their capabilities. They can be a part of financial planning, accounting, banking,public sectors and many others, depending on one’s interests and preferences.
Some of the units along with the topics of bachelor of commerce syllabus are mentioned below. Aspirants can go through that and have clear knowledge about the units and topics that are covered during the course.
SEMESTER 1 | SEMESTER 2 |
Accounts | Economics |
Business communication | Accounts |
Maths and Computer | Maths |
Economics | Computers |
Environment and Public Health | Management |
Computer Application And IT | General Awareness 1&2 |
English | |
Second Language |
SEMESTER 3 | SEMESTER 4 |
Banking and Insurance | Elements of company law 2 |
Financial Markets and institution | Overheads spl |
Income tax laws | Corporate Accounting 2 |
Indian Economy | Basic of cost accounting labour |
Corporate Accounting 1 | Macroeconomics 2 |
Microeconomics 1 | Managerial Communication |
The Indian Banking System and Central banking | |
SEMESTER 5 | SEMESTER 6 |
Entrepreneurship | |
Banking and financial System | |
Cost Accounting | Mercantile Law 2 |
Marketing Management | B.com Indirect Taxes Paper 2 |
Income tax | Advance Accounting paper 2 |
Candidates can have enormous opportunities post completion of their Bachelor of Commerce degree. To get into the best colleges for pursuing a B. Com Honours course, one should have to write and qualify for the CUET. Now, you surely have a clear idea about B. Com honours , which colleges and courses you should select and persue. If you are still confused about your career visit Brainwonders. Here at Brainwonders we manage to counsel thousands of students and assist them to select appropriate courses and careers based on your interest. Here we give you an aptitude test and analyse your interest based on the result. Our career counsellors provide you assistance in selecting the best course for you based on your area of interest. So connect with us, we're here to help.
Worry not, because the Brainwonders test and guidance will not only help you know it, but also follow it!