Few lines about B.Com course

The Bachelor of Commerce (B.Com) is a 3-years undergraduate programme that is divided into 6-semesters. The course is designed to enhance the ability to study subjects related to commerce and economics. The students will be studying a variety of subjects that are related to commerce and economics such as Accountancy, Business Administration, Finance, Economics and Industrial Policies and many more.

The B.com course provides a broad scope of employment options and job scope for graduates as a large number of B.Com graduates choose to pursue self-employment or land in lucrative salary packages. The B.Com course covers a broad spectrum of the subjects related to accounts and commerce. The course enables the students to develop managerial skills and it makes the students proficient in financial management and business studies. The course further imparts the students with the knowledge of accounting principles, export and import laws, economic policies and various other aspects that are relevant to trade and business.

The B.Com students enjoy a very high employment rate with exciting salary packages. The main responsibility of the manager or a commerce specialist is to manage the financial aspects of a business makes a B.Com graduate indispensable.

What should one choose for a B.Com degree?

B.Com has always been a chosen course by many students since it came into existence. Many students choose commerce subjects in their PUC or 12th and continue the same at their degrees by choosing B.Com programmes. In many cases many science and arts background students from PUC or 12th join a B.Com degree. 

The B.com course is designed and guided by competent accounting professionals to groom the aspirants to fill the supply demand gap in the field of commerce and accounting. The course structure is designed in a way that it aims to project students towards entrepreneurship while competing for admissions into master’s programmes. The B.Com students can opt for CA, CWA, CSS and other courses after or even during the graduation. The course trains the students on a wide range of managerial skills and competence in a particular area of commerce.

Some of the reasons that make B.Com. programme the best option is:

• Better Employment Opportunities

The B.Com degree opens doors to different sectors of the sectors of job markets. The B.Com graduates are hired in both government and private sectors and also in corporate firms in large numbers. The B.Com graduates are required wherever accounts are involved. No matter a small company or a huge enterprise, every organization has an accounts department and B.Com graduates are hired to those departments for handsome pay scales.

• Excellent opportunity for Career Advancements

Earning a B.Com degree is the evidence for the student for having various qualities like persistence, determination, intellectual prowess, ability to handle challenging environments etc. The B.Com students will be trained on all these aspects and the employers look for such qualities in the students. So, B.Com graduates have opportunities to advance more in their careers.

• Diverse Career Choices

The B.Com graduates have vast career opportunities in the job markets. They have a vibrant career choice after completion of B.Com course irrespective of the domains. The students can practice Chartered Accountancy, they can pursue MBA finance, they can join M.Com and become lecturers, they can join to doctorate programmes and pursue research in the field of commerce, they can join ICWAI, they can join company secretary courses or start their careers right after the completion of the course. There are diverse options for B.Com graduates in the current business world.

• Ample Job Profiles

The B.Com graduates can land in various job roles soon after the completion of the degree. Some of the job roles available after B.Com are: Accountant, Auditor, Consultant, Company Secretary, Business Analyst, Finance Officer, Sales Analyst, Junior Analyst, Tax Accountant, Stockbroker, Economist, Business Development Trainee and many more

• Diversified Job areas

The B.Com students can find abundant job opportunities in vast areas of the businesses. They are required at every organization where accounts play a crucial role and they are largely hired in account departments at various positions. The B.Com students can find job opportunities in Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory control, Merchant Banking, Marketing, Working Capital Management, Treasury & Forex Departments, Investment Banking firms and many more.

Specializations available in B.Com. 

The B.Com course has changed according to the time and industry need. Today, B.Com course is not suited to one degree but has spread into diverse specialisations according to the industry requirements. The B.Com course which was earlier limited to only one major programme as time passed, today the B.Com course has incorporated many specializations according to industry demands and standards along with the core study of the commerce subjects.

Some of the specializations available in B.Com are:

• B.Com Aviation
• B.Com Logistics
• B.Com Analytics
• B.Com Banking & Finance
• B.Com International Finance
• B.Com Finance & Accountancy
• B.Com Travel & Tourism
• B.Com Business Process Services
• B.Com Corporate Accounting & Taxation

Eligibility and Admission process for B.Com

The basic eligibility to pursue the B.Com is that the students should have completed their PUC of 12th from a recognised board are eligible to apply for B.Com course. The students irrespective of their stream such as Arts, Science & Commerce can join the B.Com course. 

The eligible students can join the B.Com course by two modes of admission. First one is Merit Admission and second one is Direct Admission. The students can choose from any of the two modes to join the BBA course. So, it is important for the students to have information about both the processes.

• Merit Admission

As the name suggests admissions are made on the basis of merit and rankings. There are many top educational institutes that conduct entrance exams for admission to B.Com courses and this mode is called the Merit Admission process. 

The entrance exams are largely conducted to select the serious and hardworking students from the group of non-serious candidates for the limited number of seats available in colleges. The qualified students are allotted the merit seats based on their rankings and are given admission to the respective colleges.

• Direct Admission  

The students have another option of getting admission to B.Com course by Direct Admission process. Under this mode of admission, the students are given direct admission to their desired colleges under the management quota. The main advantage of this mode is that the students are not required to apply for any entrance exams and they can directly apply for the B.Com courses and get their admission done.

Another advantage of direct admission over merit admission is that; in case of merit seats the students may not get seats in their desired colleges due to less rankings or many other reasons, while in case of direct admissions the students can directly apply to their desired colleges through educational advisory centres and get confirmed seats in their dream college and pursue their studies. This mode of admission is easy and hassle free and students are not required to run behind scores and entrance exams for getting admissions to B.Com courses.

Course Curriculum for B.Com

The B.Com students will be studying the following subjects during their course duration

Sl No	Subjects of Study
1.	Financial Accounting
2.	Business Organisation & Management
3.	Micro Economics
4.	Business Mathematics
5.	Communicative English
6.	Human Values and Professional Ethics
7.	Advanced Accounting
8.	Mercantile Law
9.	Macro Economics
10.	Business Statistics
11.	Business Communication
12.	Workshop IT and E-Commerce
13.	Corporate Accounting
14.	Company Law
15.	Money, Banking and International Trade
16.	Operation Research
17.	Human Resource Management
18.	Indian Economic Problems
19.	Corporate Accounting
20.	Indirect Tax Laws
21.	Cost Accounting
22.	Business Finance
23.	Management of Financial Services
24.	Income Tax
25.	Marketing Management
26.	Tally
27.	Industrial Relations and Labour Laws
28.	Financial Management
29.	Business Environment
30.	Entrepreneurship Development

Salary Packages

The B.Com students can easily earn a salary package that ranges from 4 Lakhs to 10 Lakhs per annum. The average B.Com fresher will be earning 4 lakhs per annum as a starting salary. The salary varies according to the experience and skills gained by the students.

Placement Opportunities

The B.Com graduates can find ample job opportunities across all the sectors of the economy. Every organization whether it is a small one or a large enterprise, will have a dedicated accounts department to look after all its finances. The B.Com graduates are largely hired in the accounts departments by the. The B.Com. graduates are skilled individuals and organisations readily hire them in their accounts departments. 

Some of the companies hiring B.Com graduates are:

• Accenture
• JP Morgan Chase
• Goldman Sachs
• TCS
• Capgemini
• NTT Data
• Oracle
• Indusind Bank
• Kotak Bank
• HDFC
• Fidelity Solutions
• Thomas Reuters
•  Citi Bank

Conclusion

The B.Com programme has been a popular course among many students across the globe after the B.Com course. The commerce field basically deals with accounting and finance. Each organization requires a dedicated accounts team to handle the accounts and finances in that organization. The commerce graduates can find ample job options in various organizations especially in accounts teams.