B.Com Course | Admission, Eligibility Criteria, Fee & Scope

B.Com Course Admission, Eligibility Criteria, Fee & Scope

B.Com is an undergraduate course offering a conceptual understanding in Accounting, Economics, Business Law, Taxation, Insurance and Management. It is a three year Undergraduate programme in the field of commerce. B.Com opens the doors to career opportunities like Chartered Accountancy (CA), Company Secretary (CS), Cost and Work Accountancy (CWA), Insurance & Banking services. A background in commerce aids in setting the stage for a successful career. B.Com degree familiarizes with the financial foundations of the company. Bachelor of Commerce degree also gives a solid foundation in core financial matters. Read the article to know all the details compiled by Careers360 related to B.Com.

What is the B. Com full form?

B Com full form is Bachelor of Commerce. It is one of the most popular post graduate course opted my commerce stream candidates after qualifying 10+2. B.Com is available in mainly all colleges and educational institutions and candidates who wish to become bankers, accountants, financial advisors, economists, statisticians, book keepers choose for B.Com.

B.Com (Bachelor of Commerce) – Overview

Advantages of B.Com

1. Great Career Choices

There are many options available for B.Com students after pursuing a B.Com degree such as M.Com, MBA, CA (Chartered Accountant), CS (Company Secretary), MCA and many diploma courses, as well.

2. Significant improvements in the workplace

Graduation is a testament to the perseverance, determination, ingenuity, and ability to handle challenging positions, all of which are required by those who fill the positions of manager and director. Therefore, after pursuing a B.Com one gets to work in a better environment than he or she normally would.

3. Large Areas of Work

After graduating from B.Com the student has a great choice in various fields where they can test their inner talent. They can be a part of financial planning, accounting, banking, so on and so forth depending on one’s interests and preferences.

Types of B.Com (Bachelor of Commerce)

B.Com is an undergraduate degree in Commerce. Various types of B.Com are mentioned below:

• B.Com (General)

• B.Com Hons,

• B.Com Professional accounting

• B.Com computer applications

• Bcom banking and insurance

B.Com (Bachelor of Commerce) Eligibility

Candidates seeking admission into B.Com must go through the eligibility criteria to ensure that they are eligible for the admissions. Mentioned below is the eligibility criteria candidates can go through. Check the B.Com eligibility mentioned below:

• No age limit has been prescribed for the admission. Candidates of all age groups, gender, community can apply, generally.

• Candidates must have completed 10+2 with the minimum marks for his/her stream required for admission as prescribed by the respective university or institute.

• It is also mandatory for the students to have studied Mathematics and English

B.Com (Bachelor of Commerce) Admissions

Generally, there is no entrance test, and admission for B.Com is usually done through merit.

Besides the academic performance of the candidate, a few colleges conduct interviews as well as other screening processes. The degree is offered in colleges across the country full-time. Candidates can also pursue it in the distance mode.

However, there are some universities and institutes which take the entrance test to shortlist the students.

Browse B.Com Colleges by States

Browse B.Com Colleges by States

Top B.Com Exams

Various universities and colleges take their own entrance exams for B.Com admissions. Universities like Guru Gobind Singh Indraprastha University, Banaras Hindu University, Delhi University, etc. take their entrance tests. Some of the entrance exams are mentioned below:

• IPU CET – Indraprastha University Common Entrance Test is conducted by Guru Gobind Singh Indraprastha University for admissions to the various colleges affiliated to it.

• DUET: Delhi University Entrance Test is conducted by the National Testing Agency (NTA) for getting admission to the courses offered by the Delhi University.
• NPAT: This entrance exam is conducted by Narsee Monjee Institute of Management Studies (NMIMS).
• CUET: Christ University Entrance Test is conducted for getting admission in the courses offered by Christ University.
• BHU UET: Banaras Hindu University conducts BHU UET for admissions to various undergraduate courses including B.COM.

• SUAT: This entrance test is conducted by Sharda University for admissions into B.Com and other Undergraduate courses.

B.Com Specializations

Aspirants seeking to build their careers in Commerce streams can opt various specializations offered for B.Com. The specialisations range from accountancy, taxation, management, etc. These specialisations vary from one institute to another. Bachelor of Commerce specialization will decide the direction of the career path. It is on the students whether they want to pursue the career in accountancy or taxation or banking, etc. They have to choose their specialization according to their interest in the respective field. The popular B.Com specializations include:

Accounting and Finance – Financial accounting is a particular type of accounting that includes a method of documenting, summarizing and reporting for a period of time the multitude of transactions arising from business operations. Such transactions are outlined in the preparation of financial statements which document the operating results of the company over a specified period, including the balance sheet , income statement, and cash flow statement.

Taxation –The course includes the study of accounting, financial planning and economic theory concepts as well as a detailed emphasis on taxation, which is called a method of taxing people who earn ‘taxable’ money. To put it another way, B.Com. (Taxation) is a degree program in which, aside from a general course study in Commerce, the main emphasis is on the systematic study of principles in the fields of taxation and specific subjects.

Auditing- Financial auditing is the process of examining the financial records of an organization (or individual) to determine whether they are accurate and in line with any applicable rules (including accepted accounting standards), regulations , and laws. External auditors come to examine accounting and financial records from outside the organization and provide an independent opinion on those records. Law requires all public companies to have external audits of their financial statements. Internal auditors work as internal employees for the organization to examine records and help improve internal processes such as operations, internal controls , risk management and governance.

Banking & Insurance- The course was designed to bring together trained professionals who can handle various banking and insurance related financial activities, effectively operate in the banking and insurance environment within the financial services sector and manage the various banking and insurance technologies used.

B.Com (Bachelor of Commerce) Courses

Here is a list of various B.Com courses available. Students can go through the list mentioned below:

Candidates wishing to pursue B.Com can choose from the different Bachelor of Commerce courses available. In Delhi University (DU), the curriculum is designed to give exposure and create understanding in streams like finance, accounting, taxation and management. The B.Com course is interdisciplinary in nature. It revolves around the concepts of microeconomics, statistics, financial accounting, business communication, corporate law and auditing in the first two years. In the third year the theories of financial management and macroeconomics are taught.