Table of Contents
First-year curriculum for Bachelor of Commerce (BCom)
| Semester | Subjects |
|---|---|
| First Semester | Environmental Studies |
| Financial Accounting | |
| Business Organisation & Management | |
| English Language | |
| Second Semester | Business Law |
| English/Hindi/Modern Indian Language | |
| Business Mathematics & Statistics | |
| Hindi/ Modern Indian Language |
B Com Subjects 1st year
B Com 1st year is structured into two semesters, each lasting approximately four to six months, with four subjects covered in each semester.
First Semester Subjects:
| Subject | Description |
|---|---|
| Environmental Studies | This subject delves into the interdisciplinary aspects of environmental issues, incorporating elements from physics, commerce, economics, and humanities. |
| Financial Accounting | This course explores the theoretical foundations of accounting and the preparation of financial statements, including topics such as depreciation, inventory valuation, and accounting for hire purchase and lease transactions. |
| Business Organisation & Management | Covering topics like organizational dynamics, management practices, entrepreneurship, and the functions of planning, organizing, directing, and controlling within business organizations. |
| English Language | This subject focuses on enhancing language skills essential for effective communication in the business context. |
Second Semester Subjects:
| Subject | Description |
|---|---|
| Business Law | This subject introduces basic legal concepts related to business contracts, special contracts, and the legal aspects of internet-based activities under the IT Act. |
| English/Hindi/Modern Indian Language | Further development of language skills, with the choice of either English, Hindi, or another modern Indian language. |
| Business Mathematics & Statistics | Utilizing mathematical tools such as matrices, calculus, and financial mathematics to solve business and economic problems, as well as understanding correlations, regressions, and index numbers. |
| Hindi/ Modern Indian Language | Continued language development in either Hindi or another modern Indian language. |
Skills Required for B Com Students:
- Proficiency in TALLY: A widely-used accounting software for recording financial transactions, including features like GST-related entries, TDS recording, and bank reconciliation.
- Knowledge of SAP: A comprehensive enterprise resource planning software used for integrating organizational processes, with functional modules covering various areas like HR management and production planning.
- Competence in Microsoft Outlook: Essential for email communication, calendar management, and task organization in corporate settings.
- Proficiency in MS Excel: Essential for data management and analysis, with features like formulas, pivot tables, and chart creation.
- Proficiency in MS PowerPoint: Vital for creating visually appealing and informative presentations, showcasing data analysis in various chart formats.
Best B Com Colleges in India
| BCom Institutions | First Year Tuition Fee |
|---|---|
| Shri Ram College of Commerce, New Delhi | INR 29,605 |
| Lady Shri Ram College for Women, New Delhi | INR 19,870 |
| Loyola College, Chennai | INR 76,000 |
| St. Xavier’s College, Mumbai | INR 5,535 |
| Hindu College, New Delhi | INR 18,260 |
| Hansraj College, New Delhi | INR 20,945 |
| Narsee Monjee College of Commerce and Economics, Mumbai | INR 8,000 |
| RA Podar College of Commerce and Economics, Mumbai | INR 40,900 |
| Symbiosis College of Arts and Commerce, Pune | INR 19,100 |
| Stella Maris College, Chennai | INR 29,645 |
Programs Comparable to B Com
| BBA | Short for Bachelor of Business Administration, this three-year undergraduate program is popular among students in the commerce field. BBA offers various specializations such as Sales, Marketing, Finance, HR, and Healthcare management. |
| BCom (Hons) | This three-year undergraduate course typically delves into subjects like finance, taxation, accounting, economics, and trading. During the final year, students often specialize in areas like economics, taxation, or finance. |
| CS | Company Secretaryship is a professional course that can be pursued after completing high school. This program usually spans three years and covers topics such as compliance, company law, and the legal aspects essential for managing a company. |
Books for the first year of B Com
| Subjects | Books | Authors |
|---|---|---|
| Financial Accounting | Financial Accounting – 1 | R.P. Trivedi & Manoj Trivedi |
| Dr. S.M. Shukla | ||
| Business Organisation & Management | Business Organisation & Management | Dr. Shveta Klara & Dr. Neha Singhal |
| Dr. T.N. Chabra | ||
| Business Law | Business Law | Ashok Sharma |
| Rajni Jagota | ||
| Business Mathematics & Statistics | Business Mathematics & Statistics | T.R. Jain & S.C. Aggarwal |
| Sreyanshi Ghosh & Sujata Sinha |
B.Com Jobs
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Chartered Accountant | Chartered Accountants are professionals who serve as financial advisors for both companies and individuals. They provide guidance on tax obligations and assist in filing income tax returns. Their responsibilities may also encompass financial reporting, taxation, auditing, corporate finance, insolvency, etc. | 7.00 L |
| Bank Manager | Bank Managers oversee the operations, administration, marketing, training, and security of their branch. They are responsible for managing the day-to-day functions of the bank. | 7.50 L |
| Insurance Agent | Insurance agents act as intermediaries between insurance companies and the general public. They sell and negotiate various insurance policies such as life insurance, health insurance, accidental insurance, and retirement benefits. They may work independently or as brokers on a commission basis. Successful insurance agents require strong interpersonal skills, salesmanship, and customer service abilities. | 3.08 L |
| Banker | Bankers work in financial institutions and banks, assisting both private and commercial clients. They handle tasks such as setting up accounts, budget planning, and providing investment advice to clients. | 4.75 L |
| Cost Accountant | Cost Accountants ensure the smooth financial operations of an organization by preparing and maintaining budgets. They focus on managing the company’s budget effectively. Cost Accountants need strong organizational skills, problem-solving abilities, and research skills. | 5.19 L |
| Accounts Officer | Accounts Officers are responsible for financial bookkeeping and maintaining the financial records of an organization. They handle tasks such as accounts payable, accounts receivable, and financial controls. | 3.78 L |
| Accounts Manager | Accounts Managers are responsible for overseeing the financial transactions of a company and maintaining client relationships. They ensure efficient financial management while also fostering positive client interactions. | 5.96 L |
| Auditor | Auditors are skilled professionals who review and verify the accuracy of financial transactions within a company. They ensure compliance with tax laws and regulations. | 5.04 L |
| Marketing Manager | Marketing Managers organize and manage marketing campaigns to promote the demand for a product or service. Successful candidates possess excellent marketing and communication skills. | 6.80 L |
BCom Jobs: Private Jobs
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Tax Consultant | Tax consultants are expert professionals who advise and create tax strategies for their clients and plan the financial ways accordingly. They have advanced knowledge of tax. | 6.00 L |
| Stock Broker | Stock brokers are professionals who buy and sell stocks and other securities in return for a fee or a commission. | 3.10 L |
| Budget Analyst | Budget Analysts prepare the budgets of the company and prepare budget reports. They create the budget for the company. | 12.67 L |
| Company Secretary | A company secretary has both legal and accounting powers. They ensure compliance with statutory and regulatory requirements for maintaining efficient administration of the company. | 6.70 L |
| Actuary | Actuaries analyze the financial costs of risk and uncertainty using a combination of Mathematics, Statistics, and financial theory for assessing the risk of potential events. | 10.11 L |
| Human Resource Manager | Human Resource managers recruit, interview, and hire new staff. They serve as a link between an organization’s management and its employees. | 6.93 L |
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Probationary Officer | A Bank PO handles customer complaints and other customer-related issues. They also handle managerial work, supervising, managing cash flows, loans, mortgages, and finance. | 5.11 L |
| Bank Clerk | Bank clerks keep records of deposits, withdrawals, loans, mortgage payments, etc. | 3.80 L |
| RBI Grade B Officer | An RBI Grade B officer handles market regulation and development, data analysis and research, and also prepares surveillance reports. | 7.30 L |
| RBI Assistant Manager | RBI Assistant Managers maintain files that include receipts, ledger maintenance, balance sheets, etc. They also handle data entry of all transactions made in the day and respond to query emails. | 6.70 L |
| Associate Professor | An Associate Professor teaches students of a college/university and guides them through their course. They provide students with notes, study material, and help them in their research projects. | 5.68 L |
| City | Job Profile | Average Annual Salary (INR) |
|---|---|---|
| Mumbai | Accounts Executive | 2.82 L |
| Chartered Accountants | 8.77 L | |
| Company Secretary | 7.21 L | |
| Accounts Officer | 3.85 L | |
| Sales Executive | 3.34 L | |
| Bank Manager | 9.67 L | |
| Sales Associate | 3.53 L |
B Com Distance Course: Highlights
| Full Form | Bachelor of Commerce |
|---|---|
| Duration | 3 to 6 years |
| Level of Study | Graduation |
| Learning Method | Distance Education/Online/Correspondence |
| Requirements | Applicants should have completed their 12th-grade examination. |
| Average Costs | INR 15,000 – INR 25,000 |
| Typical Income | INR 2,50,000 – INR 4,50,000 |
| Occupational Opportunities | Accountant, Business Development Executive, Risk Analyst, Account Executive, Operations Manager, and more |
Top B Com Distance Colleges in India
| College Name | Course Fees |
|---|---|
| NMIMS Mumbai | INR 94,000 |
| IGNOU | INR 6,000 |
| Chandigarh University | INR 22,700 |
| Annamalai University | INR 4,350 |
| NSOU Kolkata | INR 6,300 |
| Mumbai University | INR 3,675 |
| Amity University | INR 50,000 |
| Jamia Millia Islamia | INR 8,800 |
| Alagappa University | INR 4,000 |
| LPU | INR 21,000 |
B Com Admission 2024
| Colleges’ Names | Admission Requirements | Deadline for Exam/College Registration |
|---|---|---|
| Shri Ram College of Commerce | CUET | August 2024 |
| Hansraj College | CUET | August 2024 |
| Lady Shri Ram College for Women | CUET | August 2024 |
| Hindu College | CUET | August 2024 |
| Gargi College | CUET | August 2024 |
| Hansraj College | CUET | August 2024 |
| Loyola College | Entrance-Based | June 2024 |
| Mithibai College of Commerce Economics | Entrance-Based | June 2024 |
| Daulat Ram College | CUET | August 2024 |
| Ramjas College | CUET | August 2024 |
B Com Admission 2024: Entrance Exam Schedule
| Exam | Registration Date | Exam Date |
|---|---|---|
| CUET | February 27 – April 5, 2024 (Extended) | May 15 – May 31, 2024 |
| SET | December 12 to April 13, 2024 | May 05, 2024 (Test 1) May 11, 2024 (Test 2) |
| AIMA UGAT | January – April 30, 2024 | May 04, 2024 |
| NPAT | December 06, 2023 to May 20, 2024 | January 01 to May 25, 2024 |
| IPU CET | February 01 – April 10, 2024 | April 27 – May 14, 2024 |
B Com Admission 2024: Eligibility Criteria
Candidates must meet the minimum eligibility criteria for B Com Admission 2024:
- Candidates must have completed intermediate education or its equivalent from a recognized board.
- The minimum percentage for BCom admission varies among colleges. Delhi University sets a BCom admission cutoff, which can be as high as 99 percent, while for some colleges, it may be as low as 45 percent.
- No specific stream is required for BCom admission, but candidates who have completed 10+2 with Commerce may receive preference.
- Some colleges conduct entrance exams for B Com admissions. Candidates qualifying in these exams are admitted based on their exam scores.
B Com Admissions 2024: Admission Process
Different colleges have different admission criteria for BCom admission 2024. Many central universities have adopted the CUET exam as the primary admission criterion for BCom Admission 2024. Some colleges, such as Amity University, St. Xavier’s College, IGNOU, etc., shortlist candidates based on their class 12 exam merit.