Top B.Com Colleges - India

B.Com degrees also enable students to get expert knowledge in a variety of specialisations such as computer science, banking and insurance, taxation, finance, cooperation, accounting and finance, accountancy, and so on. It enables students to apply for jobs in a variety of areas, including IT, insurance, and e-commerce.

Highlights of B.COM

Students who desire to study BCom have opportunities in finance and banking. Many students choose a career in sales after completing their BCom degree. With experience, there is plenty of possibility for growth in the Sales department across all industries. Students interested in finance or commerce will have plenty of opportunities.

B.Com Eligibility Criteria

Candidates seeking admission to BCom must first ensure that they meet the qualifying requirements. Candidates can go through the eligibility criteria before they apply for BCom. Check the B.Com eligibility criteria listed below:

• No age limit has been set for B.Com admission. Candidates of any age, gender, or community can apply.
• Candidates must have finished 10+2 with the minimum marks in their stream necessary for admission as specified by the university or institute.
• It is also required that the pupils have studied mathematics and English.

Top B.Com Entrance Exams

Students who desire to pursue a BCom degree can apply directly to their preferred college based on their 10+2 scores. Some central institutions recognise CUET UG scores as admission to their BCom degree programmes.

CUET: Common University Entrance Test UG or CUET UG is conducted by the National Testing Agency (NTA), a national-level entrance test for admission to undergraduate degree programmes in various subjects accepted by the central institutions of India.

B.Com Specialisations

Aspirants looking to advance their careers in the Commerce field can choose from a variety of specialisations available for BCom courses. Accountancy, taxation, and management are among the specialisations offered. These specialisations differ from one institute to another. 

A Bachelor of Commerce concentration will determine the professional path. Students must decide if they want to pursue a profession in accounting, taxation, or banking. The B.Com course provides a thorough understanding of a variety of finance-related areas, including accounting management, economics, business law, taxation law, insurance, and management. Popular BCom specialisations include:

Who should pursue BCom?

Candidates should choose BCom attentively in order to achieve the desired results. The BCom course is an excellent starting point for students who want to work in management or commerce. It also covers the principles of the MCom course curriculum, making it a good choice for MCom students. Over time, the need for BCom candidates has grown in both the government and corporate sectors.

Types of Bachelor of Commerce Courses

Top Private BCom Colleges in India

• Apeejay College of Fine Arts, Jalandhar
• Amity University, Noida
• GLS University, Ahmedabad, Gujarat
• Amrita School of Arts and Sciences, Bangalore
• Bora Institute of Management Sciences, Lucknow
• Alliance University, Bangalore
• Christ University, Bangalore
• Loyola College, Chennai
• Lovely Professional University, Jalandhar
• St. Joseph's College of Commerce, Bangalore
• Symbiosis College of Arts & Commerce, Pune

Top Government BCom Colleges in India

• Gargi College, University of Delhi
• H.L. Commerce College, Ahmedabad, Gujarat
• Hansraj College, Delhi
• Sri Venkateswara College, University of Delhi
• MCC - Madras Christian College, Chennai
• Dr Babasaheb Ambedkar Open University, Ahmedabad
• Bangalore University, Bangalore
• Lady Shri Ram College for Women, Delhi
• Chaudhary Devi Lal University, Sirsa
• Sri Guru Gobind Singh College of Commerce, Delhi

BCom Syllabus/Subjects

What after BCom?

BCom is one of the most popular courses since it offers a diverse range of employment prospects. A BCom degree opens up job prospects in financial services, banking, research, analysis, risk management, government, and taxation.

The Bachelor of Commerce degree also prepares students to pursue courses such as MBA and Financial Management. A background in commerce paves the way for a successful career. A BCom degree provided some of the big names in the corporate sector mentioned above with a solid understanding of the company's finances. Students who earned a BCom degree also gained a good foundation in key financial topics.

Higher Degree after B.COM

Master of Commerce (MCom): Following BCom, one of the most popular courses is the Masters in Commerce, or MCom. This course allows you to gain a deeper understanding of Accounting, Taxation, Business Studies, Statistics, Economics, Finance, International Business, and other topics. Finance, Accounting, Economics, Taxation, Business Studies, Marketing, Management, and Statistics are examples of specialisations available in MCom courses.

Bachelor of Education (BEd): After completing your BCom, you can pursue a Bachelor of Education (B.Ed) degree if you want to work as a teacher. If you want to be a professor, you can get an MCom and eventually a Ph.D. by passing the UGC-NET exam after finishing a BCom course.

Master of Business Administration (MBA): If you want to work in finance, you can pursue a Master of Business Administration (MBA) with a specialisation in finance. After obtaining an MBA in Finance, you can get managerial-level employment in Finance, BFSI, FMCG, IT, Consulting, and major organisations. A Finance Manager, Finance Consultant, Financial Analyst, Credit Risk Manager, Portfolio Manager, and Treasury Manager are all possible career paths after completing an MBA in finance.

Career Opportunities after BCom

Chartered Accountancy (CA): Chartered Accountancy is one of the most popular professional paths for commerce graduates. This professional course is open to individuals who have completed Class 12 as well as graduates. Chartered Accountancy, or CA, is the practice of accounting, taxation, auditing, and financial assessment for individuals and businesses. The Institute of Chartered Accountants of India (ICAI) issues professional certification to individuals who successfully finish the CA course and are eligible to practise professionally.

Chartered Financial Analyst (CFA): The globally accepted designation Chartered Financial Analyst (CFA) is popular among business professionals. The CFA Institute (previously the Association for Investment Management and Research) regulates the CFA course. Candidates must pass three tiers of exams, including assessments in Accounting, Economics, Business Ethics, Money Management, and Security Analysis. Candidates who successfully complete all three levels become certified financial analysts and are eligible to practise professionally.

Business Accounting and Taxation (BAT): This short-term professional course provides theoretical and practical accounting and taxation expertise to help students become industry-ready. The course is suitable for BCom graduates who are working professionals with a few years of work experience. The course curriculum covers Goods and Services Tax (GST), Direct Taxation, Tally, Financial Reporting, Payroll, Excel for Accounting, and MIS, Financial Statement Finalisation, Busy Software, and SAP.

Certified Management Accountant (CMA): This course is a certification offered by the Institute of Management Accountants that prepares students for a variety of responsibilities in financial accounting and strategic management. The curriculum includes a two-part exam on External Financial Reporting Decisions, Planning, Budgeting, and Forecasting, Performance Management, Cost Management, Internal Controls, Technology and Analytics, Financial Statement Analysis, Corporate Finance, Decision Analysis Risk Management, Investment Decisions, and Professional Ethics.

Certified Public Accounting (CPA): This popular professional certification course focuses on financial statement audits, attestation services, and financial planning. A licenced Certified Public Accountant (CPA) is legally authorised to provide financial advice and audit services to clients to safeguard their financial well-being. The American Institute of Certified Public Accountants (AICPA) certifies professionals who pass exams in Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation.

Financial Risk Management (FRM): Financial Risk Management (FRM) is a widely accepted professional qualification in the financial markets. The Global Association of Risk Professionals (GARP) certified professionals in the financial risk management field. To obtain FRM certification, professionals with at least two years of experience in financial risk management must pass a two-part exam.

Association of Chartered Certified Accountants (ACCA): If you want to pursue a career in Chartered Accountancy, you can obtain ACCA certification from a global professional accounting body. The Association of Chartered Certified Accountants (ACCA). The course is open to BCom graduates and professionals with at least three years of experience. The participant must pass multiple levels of exams, and the certification process can take up to three years on average. Financial accounting, management accounting, taxation, performance management, auditing and assurance, corporate and business law, financial reporting, and financial management are some of the skills learned.

Certified Financial Planner (CFP): Certified Financial Planner (CFP) is another prominent professional financial planning qualification. The Certified Financial Planner Board of Standards, Inc. awards the CFP designation, which is one of the most difficult financial advisory courses. The certification course comprises rigorous exams to assess proficiency and ethical standards. A CFA is well-equipped to advise on financial planning for retirement, investments, education, insurance, and taxes.

Certification in Investment Banking (CIB): CIB is a well-known global certification and one of the most popular among banking professionals. The certification programme is intended to examine a banking professional's knowledge of company valuation, mergers and acquisitions, LBOs, IPOs, restructurings, and so on. It focuses on essential banking and finance topics such as investment banking basics, financial statement analysis, asset class valuations (including DCF), corporate actions and restructuring, IPO, listing and fundraising, mergers and acquisitions, transaction analysis, and leveraged buyouts (LBO).

Scope After BCom

As previously said, there are numerous employment opportunities available after completing BCom. After completing the course, one is not required to pursue an MCom or BEd degree. One can instantly begin working as a junior accountant, finance executive, or sales executive. Alternatively, students can pursue professional courses such as MBA, CA, CS, CFA, CMA, CFP, FRM, and others to enter a specific field of finance and investing. The following is a list of prominent career opportunities after BCom in India.

Competitive Exams After BCom

Another common career option after BCom in India is to compete for jobs in government institutions and nationalised banks. Some of the most common competitive tests after BCom are listed here.

• RBI Grade B Officer
• SBI PO
• SBI Clerk
• RRB NTPC
• IBPS Clerk
• IBPS PO
• SSC CGL exam
• LIC AAO
• UPSC CSE | IAS Exam

Top recruiting companies for BCom Graduates

BCom graduates have plenty of job opportunities in India. Students who successfully complete the course can pursue the best BCom employment or further their studies. BCom graduates can pursue a range of careers in both the public and private sectors.

BCom graduates are hired for a variety of junior-level positions in companies' finance, accounting, banking, commerce, human resources, and administrative departments. They also have opportunities to be engaged by accounting and auditing organisations, as well as banks and insurance companies.

FAQs

1. What do you study in a BCom course? 

In a BCom course, students study principles of accounting, finance, economics, business, law and management. The BCom course is designed to provide a comprehensive understanding of the mentioned subjects, preparing BCom graduates for diverse roles in the business and management fields. Apart from theoretical subjects, the BCom course also emphasises soft skills such as critical thinking, problem-solving, leadership, and communication skills.

2. What skills can I develop through the BCom program?

The BCom program helps students develop analytical skills, problem-solving abilities, communication skills, financial management skills, business acumen, and a deep understanding of commerce-related concepts.

3. What are the eligibility criteria for BCom admission?

To pursue a BCom course, students must score a minimum of 50% marks in their 10+2 with a Commerce stream. Top colleges and universities such as DU, IPU, etc. offer BCom Admissions based on entrance exams such as CUET and IPU CET, respectively.

4. What is the scope for a BCom graduate? 

In terms of future scope, BCom graduates have plenty of options to choose from. For instance, one can either work in MNCs and banks under fancy job designations or pursue their desired course, such as CA, CS, or MBA, to advance their academic journey. 

5. Can I do an MBA after BCom?

The answer to the question of whether one can do an MBA after BCom is definitely yes. MBA is a globally recognised degree that can be pursued after any bachelor's degree in the field of commerce, science arts, etc.