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The ultimate guide to graduating in commerce (B.COM)

22 July,2022  |  By Brainwonders

What is the complete form of B Com?

The three-year undergraduate study known as B.Com, or a bachelor of commerce, is available to students who have passed their 12th grade. B.com students thoroughly understand business and have in-depth knowledge of accounting and finance. The chance to learn about management, taxation, finance, statistics, and other facets of this subject of study will also be available to students. Regular, distance learning, and online forms are all offered for the course. The UGC standards state that traditional, online, and distance learning degrees are all equally acceptable.

B.Com Overview

Here is a quick overview of the course Bachelor of Commerce: 

Full-Form - Bachelor Of Commerce

Degree Level-Undergraduate

Duration - 3 Years

Fee Structure- INR 10,000-INR 50,0000

Eligibility Criteria -  10+2 from a recognised board

Mode Of Learning - Online, Regular, and Distance

Admission Procedure - Merit-based

Starting Salary - INR 3-6LPA

Top Recruiters - HDFC, Deloitte, KPMG, EY, Punjab National Bank, etc.

The Different B.Com Programs in India

Three different types of distance B.Com programmes are available to students, and the academic cost varies depending on the programme type.

Students are advised to pick a programme that fits their needs and schedule. For instance, if you plan to work while earning your degree, a B.Com. An online or distance programme is a good option because it doesn't require you to attend on-campus classes; a regular B.Com. The programme is best for students who can commit to three years of study.

Why Should I Study Business?

The motivation for pursuing a B.Com relies on the kind of future career you want. B.Com is a bachelor's degree programme in the field of commerce, and students who enrol in it will benefit from the following:

  • B.Com is an attractive choice for students who want to learn more in-depth about accounting, finance, and other business-related topics.
  • Students have the option of studying B.Com online or in person.
  • The B.Com degree will open up many employment options in management and commerce.

B.Com. eligibility requirements

Most colleges offer the Bachelor of Commerce in traditional and distance learning formats. Even if the requirements for regular and distance B.Com are nearly identical, distance B.Com admission is still more straightforward. The following conditions apply to length B.Com applicants:

  • Candidates must have completed all 10+2 exams from an accredited board.
  • The applicants must have earned a 10 + 2 diploma in the commerce major with courses in economics, business, math, and English as an elective.
  • Most colleges don't have an age restriction for their online B.Com. Programmes.

Do I need work experience to get a B.Com?

Those who have passed all their 10+2 examinations and want to pursue a career in business can enrol in the B.Com programme without any prior work experience. Students can enrol in either the traditional or online B.Com programme regardless of their previous work experience.

Does the B.Com. Require me to take any entrance exams?

No entrance exam is required for online B.Com programmes, and most colleges provide merit-based admission to standard B.Com programmes. To get into the B.Com programme, certain universities, however, need you to take entrance tests, tests for admission to Christ University and LPU NEST

What distinguishes a distance education from an online B.Com?

A 3-year UG study in the commerce stream called the distance B.Com is explicitly tailored for working professionals. For this course, students do not need to attend regularly scheduled lectures on campus and the distance B.Com. It is worth precisely the same as a regular B.Com. However, online tests are not available for distance B.Com students, but with the aid of a learning management system, online B.Com students can take advantage of online exams and timely online lectures.

Course Specialisations in B.Com

B.Com degrees can be obtained in various specialities, allowing students to become authorities in multiple topics. Universities offer B.Com degrees with a variety of specialisations to help students gain a thorough understanding of their chosen fields. 

The following are the main B.Com specialisations:

Short-Term Courses After B.Com

Those who are not willing to pursue a master's degree right after their B.Com can also go for short-term online courses along with their jobs:

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

What is the fee of B.Com?

The average cost to complete the B.Com course is INR 10,000 – INR 1,00,000. The system's price may vary as per the university, and if you pursue online B.Com, you are likely to incur less cost.

Can I receive financial aid to attend a B.Com? 

Universities will award scholarships to applicants who meet specific requirements. University scholarships that students are most likely to receive include:

  • grants awarded based on merit
  • Scholarships for members of the OBC, SC, and other protected classes.
  • The family's income determines scholarships.

Which universities provide the best B.Com programmes?

Different universities and organisations provide the B.Com programme, which is legitimate, in both standard and online formats. Here is a list of the best places for you to study B.Com:

What does a B.Com Graduates make?  

The Bachelor of Commerce, or B.Com, is offered in traditional and distance learning formats and provides a wide range of future employment choices. There are numerous specialisations for the B.Com programme, and graduates may expect to make between INR 4- and INR 6 lakh in practically every industry. By combining B.Com. With courses like CA and CS, you can raise your income.

Online Career Opportunities For B.Com You can gain a firm understanding of business, finance, accounting, and commerce principles by earning a B.Com.

As a result, there is a lot of room for students to pursue jobs in finance, management, marketing, accounting, etc. Students may enrol in graduate programmes like MBA, M.Com., or

As a result, there is a lot of room for students to pursue jobs in finance, management, marketing, accounting, etc. Students can enrol in graduate programmes like MBA and M.Com or look forward to taking ICWAI, CA, and CS courses.

You are qualified to apply for profiles like these if you want to use them for a job immediately following your online B.Com programme:

  • Business Consultants
  • Auditors
  • Chief Financial Officer and Certified Public Accountant
  • Financial Analysts
  • Business Operations Manager 
  • Investment Banker 
  • Chartered Accountant

Leading Employers for B.Com Students

Some people might think it's challenging to find work straight after graduating with a B.Com. However, several companies hire recent B.Com grads for prestigious professional opportunities. The following are the top employers for B.Com graduates:

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

I'm 30; may I continue with B.Com?

A popular course with both online and traditional delivery options is B.Com. There are no obstacles as a result. Don't worry if you are over 30; you can still pursue a B.Com. Online.

However, some universities do not have an age restriction, even for regular B.Com. You need to justify your study break.

Conclusion 

Bachelor of Commerce, or B.Com, is the full name of this undergraduate programme, which one can pursue on-campus or virtually. Since many companies are looking to hire recent B.Com graduates to fill open positions, distance B.Com graduates have good chances.

Distance B. Com graduates are eligible for several occupations, including auditor, budget analyst, financial executive, and others. The benefits of distance learning for B.Com students are numerous.Pursuing higher education in the relevant discipline is the initial step toward a career. You can get the training you need to do what you want to do at some of the best educational institutions in the world. 

So, tell me, what exactly are you anticipating?

Get in touch with our team of knowledgeable Educational counsellors at Brainwonders to learn more about pursuing a B.COM and schedule a no-cost consultation appointment right away. To know more about the Careers, you must read our site, The Careers Hub.

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