Bachelor’s Of Commerce, commonly known as BCom, is a three-year degree course for undergraduates. It is recognised by the UGC or Universities Grants Commission as well. BCom is one of the most sought-after courses for 12th standard graduates of the commerce stream. Apart from it, students can also opt for BCom (Honors) to gain in-depth and comprehensive knowledge in commerce.
In particular, BCom has been explicitly designed to impart and enrich business intelligence, financial knowledge, and analytical competence. It emphasizes the theoretical aspects, thus enhancing the conceptual literacy in core subjects of commerce. To sum it up, a BCom degree helps the candidate familiarize and understand a business enterprise’s financial practicalities.
About the BCom Course:
BCom offers a concrete understanding of subjects such as accountancy, taxation, management, economics, business law, and insurance, too. One can pursue the course in distance learning mode as well. There are two types of BCom courses: BCom general, or pass the course, and BCom honors. The latter provides wide-ranging knowledge regarding the specialization subjects of the course.
However, many universities also offer an integrated degree for BCom. Thus, students can pursue dual Specialisations such as BCom LLB, BCom CMA, BCom CIMA, BCom ACCA, BCom, BCom MBA, and many more.
BCom Course Details:
| Degree Type | Bachelor |
| Course Name | Bachelor of Commerce or BCom |
| Examination Type | Semester-wise |
| Duration | 3 Years |
| Course Fee | 10,000 to 1 Lakh (depending on the college) |
| Admission Criteria | Merit-Based, Direct Admission, or Entrance Examination |
| Eligibility | 10+2 certificate (any stream) from a recognised board |
| Average Salary Package | 1.5 to 1.9 Lakh |
| Job/Career Prospects | CA,CS Banking, Management, Accountant, Tax officer, Finance, Insurance |
| Entrance Tests | NPAT, IPU, CET, DUET, SUAT, CUET, BHU, UET, DSAT |
Semester-Wise BCom Syllabus:
The course comprises six semesters with a total duration of three years. Likewise, the students can opt for elective subjects as per their choice in specific semesters. Usually, the BCom Syllabus includes crucial topics such as business law, auditing, financial accounting, economics, cost accounting, taxation, etc. Here are the semester-wise details of the BCom course list.
| BCom 1st Year Course Syllabus | BCom 1st Year Course Syllabus |
| Elective: Principles of Microeconomics New Venture Planning | 2nd Semester |
| Business Organisation and Management | Language |
| Environmental Studies | Business Mathematics and studies |
| Financial Accounting | Business Laws |
| Elective: Principles of Micro Economics New Venture Planning | Elective: Principles of Macro Economics of regulation of domestic/foreign exchange markets. |
| BCom 2nd Year Course Syllabus | BCom 2nd Year Course Syllabus |
| 3rd Semester | 4th Semester |
| Income Tax Laws | Corporate Accounting |
| Company Laws | Discipline-Particular Elective: Industrial laws human resource management |
| Discipline-Particular Elective: Financial Markets/ Institution Indian Economy | Skills-Driven Subject: Financial Analysis/Reporting Banking And Insurance |
| Skills-Driven Subject: Financial Analysis/Reporting Banking and Insurance | Skill-Driven Subject: Investing in stock markets, E-commerce. |
| BCom 3rd Year Course Syllabus | BCom 3rd Year Course Syllabus |
| 5th Semester | 6th Semester |
| Cost Accounting | Business Communication |
| Auditing & Corporate Governance | Discipline-Particular Elective: Consumer Affairs/Customer Care, Organizational Behavior, International Business Entrepreneurship, and Small Business Office Management & Secretarial Practice. Fundamentals of Investment, Indian Polity & Governance, Corporate Tax Planning, Management Accounting |
| Discipline-particular Elective: Training & Development Principles of Marketing | Skill-driven subject: Cyber crimes & laws, personal selling, and salesmanship. |
| Skill-driven subject: advertising, computer applications in business | Skill-driven subject: Cyber crimes & laws, personal selling and salesmanship. |
Why A BCom?
A BCom degree provides an opportunity to make a career in accounting, banking, finance, and Insurance. Further, the course imparts the financial knowledge and business skills required for the professional world.
Moreover, the commerce graduates can prove their understanding of capital management, budget planning, accounting, and investment banking. However, BCom provides versatile financial literacy that makes students capable of pursuing CS, CA, CMA, MCOM, and MBA courses. Above all, a decent salary is another reason why BCom is preferred by many.
Who Should Do A BCom?
Undoubtedly, BCom is the pathway for candidates who want to make it big in the financial sector or corporate world. Apart from it, BCom is the preferred degree to enter the commerce or management field.
On the other hand, BCom delivers the fundamental knowledge of M.Com to the students. Because of it, the M.Com aspirants consider a BCom degree as the first choice. On another note, the demand for BCom graduates has significantly increased in the private and government job sectors.
BCom Eligibility Criteria:
Different colleges follow different eligibility criteria for giving admission in BCom. Commonly, most colleges follow the following criteria for BCom graduation.
- The student must have a Class 12 certificate or equivalent from any recognised board.
- Nevertheless, the minimum cut-off percentage would vary as per the college, and Delhi University releases a cut-off close to 99% for seeking admission into BCom. Contrary to this, some colleges keep the cut-off in the range of 45-50%.
- Although students from all the streams are eligible for admission, more preference will be given to students who had commerce in 10+2.
- Most leading colleges conduct entrance tests or examinations to provide admission. The candidates will get selected based on marks or performance in the exam.
BCom Admission Process:
The admission process for BCom would differ from one college to another. Here are two methods through which most colleges give admission to the candidates.
Direct Selection or Admission: In the case of direct admission, the colleges do not conduct any entrance test. Hence, students are selected based on the marks scored in the 12th standard board exams. Moreover, the admission chances would also depend on the number of seats available for that particular course in the colleges.
Admission Through Entrance Examination: Leading colleges and universities, such as Delhi University, provide admission in BCom based on students’ performance in the entrance test. For this purpose, there are specific state and national-level entrance examinations such as BHU, IPU, DUET, CET, SUAT, and many more.
Required Skills For A BCom:
A BCom candidate must be proficient in accountancy and financial literacy. Besides, they should have sound basic knowledge of the core commerce subjects such as economics, business studies, entrepreneurship, human resource management, and taxation. The candidate must also have good analytical expertise with insight for management. For acing BCom, you must possess the following skills:
- Financial analysis and numeracy skills.
- Problem-solving and effective communication skills.
- Good leadership qualities.
- Analytical and creative skills.
BCom Specialisations:
BCom aspirants have versatile options for Specialisations in the commerce stream. However, the Specialisations would differ depending on the college or university. Most importantly, the Specialisations determine one’s career pathway and scope. Thus, it becomes more crucial to pick the Specialisations wisely as per the skills and interests. Here are the most popular BCom course list Specialisations:
| Business Economics | International Business |
| Accounts and Finance | Statistics |
| Banking and Insurance | Accountancy |
| Economics | Information Technology |
| Computer Applications | Tourism and Travel Management |
| Financial Markets | Banking and Finance |
| Investment Management | E-Commerce |
| Foreign Trade Management | Taxation and Auditing |
BCom Entrance Exams In India:
| DUET | The Guru Gobind Singh Indraprastha University directs the Indraprastha University Common Entrance Test for providing admissions into its affiliated colleges. |
| IPU CET | Christ University Entrance Test is for seeking admission into the courses offered by Christ University. |
| CUET | It is conducted solely by the NMIMS, or Narsee Monjee Institute of Management Studies. |
| SUAT | The Sharda University conducts this entrance exam for giving admissions into undergraduate courses, including BCom. |
| NPAT | It is conducted solely by the NMIMS or Narsee Monjee Institute of Management Studies. |
| BHU UET | Banaras Hindu University conducts this entrance test for BCom and other undergraduate courses admissions. |
| DSAT | DSU or Dayananda Sagar University organizes the Dayananda Sagar Admission Test at the national level for admissions in UG and PG courses. |
BCom Entrance Exams Syllabus:
Generally, the entrance examination for BCom consists of MCQ questions with negative markings. To score well, one must be proficient in quantitative and qualitative aptitude. Below is the syllabus for the same.
| Mathematics (Quantitative Aptitude) | Verbal and Logical Reasoning (Qualitative Aptitude) |
| Business Studies | General Awareness |
| Accountancy | Basic Computer Literacy |
Top Colleges For BCom In India:
| Top BCom Colleges | Fees (Full course) |
| Shri Ram College Of Commerce (SRCC), New Delhi | 45,000 |
| Hindu College, New Delhi | 54,780 |
| Lady Shri Ram College, New Delhi | 61,110 |
| Hansraj College, New Delhi | 62,835 |
| Loyola College, Chennai | 37,950 |
| Christ University, Bengaluru | 2.45 Lakh |
| Ramjas College, New Delhi | 43,485 |
| Madras Christian College (MCC), Chennai | 83,757 |
| Narsee Monjee College, Mumbai | 58,000 |
| Sri Guru Gobind Singh College of Commerce, New Delhi | 81,600 |
| St. Joseph’s College of Commerce, Bengaluru | 2.06 Lakh |
Conclusion:
The benefit of selecting BCom is that you will have outstanding prospects after graduation, apart from arts or science.
