Commerce Courses Introduction
Chennai, often called the "Gateway to South India," is emerging as a prominent destination for students pursuing a career in commerce. The city boasts a blend of prestigious educational institutions, including renowned universities and colleges, offering a conducive environment for students aspiring to build careers in finance, marketing, business management, and economics. Chennai's thriving economy, diverse industries, and growing job market in commerce-related sectors create ample opportunities for students to grow and succeed. With its solid academic infrastructure and status as an industrial hub, Chennai is an ideal city for students seeking to excel in commerce.
Commerce is a stream focused on Trade, Business, Finance, and Economics, which is ideal for students interested in understanding companies and financial systems. Major subjects include Accountancy, Economics, Business Studies, and optional subjects like Mathematics and Informatics Practices. Students can pursue degrees like B.Com, M.Com, BBA, MBA or professional courses like CA and CS, leading to careers in Accounting, Finance, Banking, and Management. Popular job profiles include Accountant, Financial Analyst, and Chartered Accountant, with average salaries ranging from Rs 3.00 - Rs 25.00 LPA.
Commerce Courses Highlights
Category |
Details |
Commerce Courses |
Bachelor of Business Administration
|
Commerce Courses Level |
|
Commerce Courses Duration |
|
Commerce Courses Education Mode |
Full-Time, Distance, Part-time and Online |
Commerce Courses Eligibility Criteria |
|
Commerce Courses Admission Process |
Merit and entrance exam scores |
Commerce Courses Entrance Exams |
CUET UG, CUET PG, State CET, IPMAT, NPAT, CAT, XAT, CMAT, and more. |
Commerce Courses Average Fees |
Rs 5,000 - Rs 3.00 Lakhs |
Commerce Courses Job Profiles |
Accountant, Financial Analyst, Chartered Accountant, Investment Banker, Tax Consultant, Auditor, Bank Manager, and more. |
Commerce Courses Average Salary |
Rs 3.00 - Rs 15.00 LPA |
Undergraduate Commerce Courses in Chennai
An undergraduate degree in commerce is a 3-4 year program designed for students interested in Business, Finance, and Economics. It provides a strong foundation in subjects like Accountancy, Business Studies, Economics, Taxation, and Business Law. The program focuses on developing practical skills and theoretical knowledge, preparing students for careers in Banking, Accounting, Management, and Entrepreneurship. Popular undergraduate courses include B.Com, BBA, and integrated programs like B.Com+LLB or BBA+MBA.
Here are some standard undergraduate courses that you can pursue after 12th from the Commerce stream:
- B.Com
- BBA
- Bachelor of Economics
- Bachelor of Accounting and Finance
- B.Com in International Business
- B.Com in Tourism and Travel Management
- B.Com in Finance and Accountancy
- B.Com in Banking and Insurance
Undergraduate Commerce Courses Eligibility and Entrance Exam
- Eligibility Criteria for Undergraduate Commerce Courses:
- Candidates have to complete 10+2 in any stream from a recognised institute.
- Candidates should have a minimum of 50% marks in their 10+2 exam.
- Depending on the institute, candidates might have to appear for the entrance exams.
- Entrance Exams for Undergraduate Commerce Courses:
- CUET UG (Common University Entrance Test for Undergraduates)
- TANCET (Tamil Nadu Common Entrance Test)
Postgraduate Commerce Courses in Chennai
A postgraduate degree in the commerce stream is typically a 2-year advanced program designed for students with a commerce background. It delves deeper into specialised subjects like Advanced Accounting, Corporate Finance, Business Analytics, International Business, and Strategic Management. The program emphasises Developing Analytical, Managerial, and Research Skills, preparing students for leadership roles in Banking, Finance, Consulting, and Academia. It also opens pathways for pursuing professional certifications such as CA, CS, and CFA and advanced research opportunities like a Ph.D.
Here are some standard postgraduate courses that you can pursue after graduation for the Commerce stream:
Postgraduate Commerce Courses Eligibility and Entrance Exam
- Eligibility Criteria for Postgraduate Commerce Courses:
- Candidates must complete graduation in any stream or equivalent from a recognised institute.
- Candidates should have a minimum of 50% marks in their graduation or equivalent.
- Depending on the institute, candidates might have to appear for the entrance exams.
- Entrance Exams for Postgraduate Commerce Courses:
- CUET PG (Common University Entrance Test for Postgraduation)
- CAT (Common Admission Test)
- CMAT (Common Management Admission Test)
- XAT (Xavier Aptitude Test)
- TANCET (Tamil Nadu Common Entrance Test)
Top Commerce Colleges in Chennai as per India Today Ranking 2024
Institute Name |
Average Placement Package |
Loyola College |
Rs 3.00 - Rs 6.00 LPA |
Madras Christian College |
Rs 3.00 - Rs 5.00 LPA |
Stella Maris College |
Rs 2.50 - Rs 4.50 LPA |
Women's Christian College |
Rs 2.50 - Rs 4.00 LPA |
Ethiraj College for Women |
Rs 2.00 - Rs 4.00 LPA |
Anna Adarsh College for Women |
Rs 2.00 - Rs 3.50 LPA |
Guru Nanak College |
Rs 2.50 - Rs 4.00 LPA |
Shrimathi Devkunvar Nanalal Bhatt Vaishnav College for Women |
Rs 2.50 - Rs 4.00 LPA |
Hindustan College of Arts and Science |
Rs 2.50 - Rs 4.00 LPA |
Patrician College of Arts and Science |
Rs 2.50 - Rs 4.00 LPA |
Shri Shankarlal Sundarbai Shasun Jain College for Women |
Rs 2.50 - Rs 4.00 LPA |
Sri Kanyaka Parameswari Arts and Science College for Women |
Rs 2.00 - Rs 3.50 LPA |
**actual figure might differ**
Top Commerce Colleges in Chennai as per Outlook Ranking 2024
Institute Name |
Average Placement Package |
Loyola College |
Rs 3.00 - Rs 6.00 LPA |
Madras Christian College |
Rs 3.00 - Rs 5.00 LPA |
Stella Maris College |
Rs 2.50 - Rs 4.50 LPA |
Ethiraj College for Women |
Rs 2.00 - Rs 4.00 LPA |
Women's Christian College |
Rs 2.50 - Rs 4.00 LPA |
Anna Adarsh College for Women |
Rs 2.00 - Rs 3.50 LPA |
Guru Nanak College |
Rs 2.50 - Rs 4.00 LPA |
Hindustan College of Arts and Science |
Rs 2.50 - Rs 4.00 LPA |
Shrimathi Devkunvar Nanalal Bhatt Vaishnav College for Women |
Rs 2.50 - Rs 4.00 LPA |
Shri Shankarlal Sundarbai Shasun Jain College for Women |
Rs 2.00 - Rs 3.50 LPA |
The New College |
Rs 2.00 - Rs 4.00 LPA |
Patrician College of Arts and Science |
Rs 2.50 - Rs 4.00 LPA |
**actual figure might differ**
Top Commerce Colleges Fees in Chennai
Institute Name |
Average UG Fees |
Average PG Fees |
Loyola College |
Rs 40,000 - Rs 50,000 |
Rs 10,000 - Rs 15,000 |
Madras Christian College |
Rs 70,000 - Rs 80,000 |
Rs 30,000 - Rs 40,000 |
Stella Maris College |
Rs 60,000 - Rs 70,000 |
Rs 25,000 - Rs 35,000 |
Women's Christian College |
Rs 35,000 - Rs 42,000 |
Rs 30,000 - Rs 35,000 |
Ethiraj College for Women |
Rs 75,000 - Rs 80,000 |
Rs 76,000 - Rs 83,000 |
Anna Adarsh College for Women |
Rs 70,000 - Rs 77,000 |
Rs 45,000 - Rs 50,000 |
Guru Nanak College |
Rs 20,000 - Rs 30,000 |
Rs 25,000 - Rs 35,000 |
Shrimathi Devkunvar Nanalal Bhatt Vaishnav College for Women |
Rs 20,000 - Rs 30,000 |
Rs 25,000 - Rs 35,000 |
Hindustan College of Arts and Science |
Rs 35,000 - Rs 42,000 |
Rs 30,000 - Rs 35,000 |
Patrician College of Arts and Science |
Rs 35,000 - Rs 42,000 |
Rs 30,000 - Rs 35,000 |
Shri Shankarlal Sundarbai Shasun Jain College for Women |
Rs 20,000 - Rs 30,000 |
Rs 25,000 - Rs 35,000 |
Sri Kanyaka Parameswari Arts and Science College for Women |
Rs 15,000 - Rs 25,000 |
Rs 20,000 - Rs 30,000 |
**actual figure might differ**
Commerce Course Specialisation
- Accounting
- Finance
- Banking and Insurance
- Taxation
- Business Management
- Economics
- Marketing
- International Business
- E-Commerce
- Entrepreneurship
- Corporate Finance
- Investment Management
- Human Resource Management
- Business Analytics
- Auditing and Forensic Accounting
- Actuarial Science
- International Trade and Finance
- Supply Chain Management
Best Major Subjects in Commerce Courses
- Accountancy
- Economics
- Business Studies
- Financial Management
- Taxation
- Corporate Accounting
- Business Law
- Marketing Management
- Banking and Insurance
- International Business
- Entrepreneurship
- Statistics and Data Analysis
- E-Commerce
- Business Analytics
- Human Resource Management
Commerce Course Admission Process
Top Scholarships for Commerce Courses in Chennai
- Government Scholarships
- Scholarship For Top Class Education For Students With Disabilities
- Central Sector Scheme Of Scholarships For College And University Students
- Prime Minister's Scholarship Scheme For Wards Of States/UTs Police Personnel Martyred During Terror/Naxal Attacks
- National Fellowship And Scholarship For Higher Education Of ST Students
- National Scholarship For Post Graduate Studies
- Central Sector Scholarship Of Top Class Education For SC Students
- Private Scholarships
Distance Commerce Course
A Distance Commerce Course allows students to study the programme without attending regular on-campus classes. It enables quick learning, making it suitable for working professionals, homemakers, and people who cannot relocate to school. Unlike traditional courses, it is frequently more affordable and accessible, allowing students to mix education with other responsibilities. Furthermore, remote courses usually include digital materials and online interactions, promoting individual learning while adhering to academic norms.
Eligibility Criteria for Distance Undergraduate Commerce Programme
- Candidates have to complete 10+2 in any stream from a recognised institute.
- Candidates should have a minimum of 50% marks in their 10+2 exam.
- Depending on the institute, candidates might have to appear for the entrance exams.
Eligibility Criteria for Distance Postgraduate Commerce Programme
- Candidates must complete graduation in any stream or equivalent from a recognised institute.
- Candidates should have a minimum of 50% marks in their graduation or equivalent.
- Depending on the institute, candidates might have to appear for the entrance exams.
Admission Process for Distance Commerce Courses
- Clear the university entrance exam.
- Complete the registration process.
- Upload all the required information and documents.
- Pay the admission fee after admission confirmation.
- You will receive the books via email or courier.
Part-Time Commerce Course
A Part-Time Commerce Course is an adaptable option for persons preoccupied with work, family, or other responsibilities to study the programme. Classes are typically held in the evenings or on weekends, making it more straightforward to accommodate a busy schedule. Unlike full-time courses, it allows you to learn and acquire a qualification without interrupting your other activities. It's an excellent choice for everyone who wants to study while managing their time wisely.
Eligibility Criteria for Part-Time Undergraduate Commerce Programme
- Candidates have to complete 10+2 in any stream from a recognised institute.
- Candidates should have a minimum of 50% marks in their 10+2 exam.
- Depending on the institute, candidates might have to appear for the entrance exams.
Eligibility Criteria for Part-Time Postgraduate Commerce Programme
- Candidates must complete graduation in any stream or equivalent from a recognised institute.
- Candidates should have a minimum of 50% marks in their graduation or equivalent.
- Depending on the institute, candidates might have to appear for the entrance exams.
Admission Process for Part-Time Commerce Courses
- Clear the university entrance exam.
- Complete the registration process.
- Upload all the required information and documents.
- Pay the admission fee after admission confirmation.
- You will receive the books via email or courier.
Online Commerce Courses
An online commerce course allows you to study the programme from anywhere on the internet. Lessons, videos, and assignments may be accessed whenever you choose, making it ideal for those who are too busy or unable to attend conventional classes. It's adaptable, inexpensive, and lets you learn quickly while obtaining a recognised certificate. Online courses are ideal for balancing learning with employment or other responsibilities.
Eligibility Criteria for Online Undergraduate Commerce Programme
- Candidates have to complete 10+2 in any stream from a recognised institute.
- Candidates should have a minimum of 50% marks in their 10+2 exam.
- Depending on the institute, candidates might have to appear for the entrance exams.
- There is no age limit in undergraduate Commerce programmes.
Eligibility Criteria for Online Postgraduate Commerce Programme
- Candidates must complete graduation in any stream or equivalent from a recognised institute.
- Candidates should have a minimum of 50% marks in their graduation or equivalent.
- There is no age limit for online postgraduate Commerce programmes.
Admission Process for Online Commerce Courses
- Complete the registration process.
- Upload all the required information and documents.
- Pay the admission fee after admission confirmation.
- Learn from recorded lectures and online classes.
Commerce Placement Records & Top Recruiters in Chennai
Institute Name |
Average Placement Package |
Top Recruiters |
Loyola College |
Rs 3.00 - Rs 6.00 LPA |
Deloitte, KPMG, EY, PwC |
Madras Christian College |
Rs 3.00 - Rs 5.00 LPA |
Deloitte, EY, Wipro |
Stella Maris College |
Rs 2.50 - Rs 4.50 LPA |
TCS, Wipro, EY |
Women's Christian College |
Rs 2.50 - Rs 4.00 LPA |
Deloitte, KPMG, EY |
Ethiraj College for Women |
Rs 2.00 - Rs 4.00 LPA |
Deloitte, EY, Wipro |
Anna Adarsh College for Women |
Rs 2.00 - Rs 3.50 LPA |
TCS, Wipro, Cognizant |
Guru Nanak College |
Rs 2.50 - Rs 4.00 LPA |
Deloitte, EY, HDFC Bank |
Shrimathi Devkunvar Nanalal Bhatt Vaishnav College for Women |
Rs 2.50 - Rs 4.00 LPA |
TCS, Wipro, Cognizant |
Hindustan College of Arts and Science |
Rs 2.50 - Rs 4.00 LPA |
Infosys, TCS, Wipro |
Patrician College of Arts and Science |
Rs 2.50 - Rs 4.00 LPA |
TCS, Wipro, Cognizant |
Shri Shankarlal Sundarbai Shasun Jain College for Women |
Rs 2.50 - Rs 4.00 LPA |
Deloitte, EY, KPMG |
Sri Kanyaka Parameswari Arts and Science College for Women |
Rs 2.00 - Rs 3.50 LPA |
TCS, Wipro, Cognizant |
**actual figures might differ**
Living Cost in Chennai for Commerce Students
On average, monthly rent for a shared apartment in popular areas ranges from Rs 8,000 to Rs 15,000, while single rooms may cost between Rs 5,000 to Rs 10,000. The costs can vary based on proximity to educational institutions and facilities.
Areas of Expenses |
Avg. Cost Monthly |
Groceries |
Rs 2,000 - Rs 3,000 |
Dining Out |
Rs 300 - Rs 500 |
Public Transportation |
Rs 600 - Rs 1,200 |
Utilities |
Rs 1,500 - Rs 2,500 |
Internet |
Rs 500 - Rs 800 |
Personal Items |
Rs 1,000 - Rs 1,500 |
**actual figure might differ**
Accommodation for Students in Chennai
Private Hostels |
|
Eugene House |
Rs 10,000/Month |
Zolo Cruze Hostel |
Rs 7,000/Month |
Zolo Nook Hostel |
Rs 8,000/Month |
AJ Elite Hostel |
Rs 6,000/Month |
Engineering Students’ Hostel |
Rs 5,000/Month |
Private PGs |
|
Sri Sreenivasa Imperial Towers |
Rs 8,000/Month |
VK Villa |
Rs 7,500/Month |
Prapancha Apartment |
Rs 9,000/Month |
Galaxy Hospitality |
Rs 8,500/Month |
Colive 306 Golden Square |
Rs 11,500/Month |
Rental Apartments in Chennai: Students can rent apartments or houses near their college on the basis of availability and preferences. |
**actual figure might differ**
Commerce Course Job Profiles
Job Profile |
Average Annual Salary |
Accountant |
Rs 3.00 - Rs 5.00 LPA |
Financial Analyst |
Rs 4.00 - Rs 8.00 LPA |
Chartered Accountant |
Rs 7.00 - Rs 15.00 LPA |
Investment Banker |
Rs 8.00 - Rs 20.00 LPA |
Tax Consultant |
Rs 5.00 - Rs 10.00 LPA |
Auditor |
Rs 4.00 - Rs 8.00 LPA |
Bank Manager |
Rs 6.00 - Rs 12.00 LPA |
Marketing Manager |
Rs 6.00 - Rs 12.00 LPA |
Human Resources Manager |
Rs 5.00 - Rs 10.00 LPA |
Business Development Executive |
Rs 3.00 - Rs 6.00 LPA |
Stock Broker |
Rs 4.00 - Rs 12.00 LPA |
Sales Manager |
Rs 5.00 - Rs 10.00 LPA |
**actual figures might differ**
Top Recruiters for Commerce Graduates in Chennai
Scope of Commerce in Chennai
Commerce courses in Chennai offer excellent opportunities for students to build successful careers in business, finance, economics, and management. The city is home to some of India’s top educational institutions, such as the University of Madras, Loyola College, and Stella Maris College, which provide strong academic programs that equip students with the knowledge and skills to excel in various sectors. These colleges have impressive placement records, with many graduates securing positions in renowned companies across banking, consulting, corporate management, and technology.
Placement Records for Commerce Graduates
- Over the past five years, 85-90% of commerce graduates from Chennai’s leading institutions have been successfully placed in top companies.
- Leading recruiters include ICICI Bank, HDFC Bank, Deloitte, KPMG, Ernst & Young, Accenture, and more.
- Starting salary range: The average starting salary for commerce graduates in Chennai typically ranges from Rs 4.00 LPA to Rs 8 LPA, with top performers securing higher packages depending on their skills and the company.
Top Companies Hiring Commerce Graduates in Chennai
- Finance & Banking: ICICI Bank, HDFC Bank, Axis Bank, State Bank of India (SBI), Kotak Mahindra Bank.
- Consulting & Advisory: Deloitte, KPMG, Ernst & Young, PwC, McKinsey & Company.
- Corporate Sector: Tata Consultancy Services (TCS), Cognizant, Wipro, Aditya Birla Group, Mahindra Group.
- Technology & Analytics: Google, Infosys, Accenture, Capgemini, IBM.
FAQs
- What do you study in a B.Com course?
In a B.Com course, students study principles of accounting, finance, economics, business, law and management. The B.Com course is designed to provide a comprehensive understanding of these subjects, preparing B.Com graduates for diverse roles in the business and management fields. Apart from theoretical subjects, the B.Com course also emphasises soft skills such as critical thinking, problem-solving, leadership, and communication skills.
- What skills can I develop through the B.Com program?
The B.Com program helps students develop analytical skills, problem-solving abilities, communication skills, financial management skills, business acumen, and a deep understanding of commerce-related concepts.
- What are the eligibility criteria for B.Com admission?
To pursue a B.Com course, students must score at least 50% marks in their 10+2 with a Commerce stream. Top colleges and universities such as DU, IPU, etc., offer B.Com Admissions based on entrance exams such as CUET and IPU CET, respectively.
- What is the scope for a B.Com graduate?
In terms of future scope, B.Com 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.
- Can I do an MBA after B.Com?
Yes, MBA’s basic eligibility is bachelor’s degree in any stream. - What is an M.Com degree?
The Master of Commerce is a postgraduate master's degree in commerce, accounting, business administration, management and economics-related subjects.
- Is an M.Com better than an MBA?
An MBA is generally better for those seeking leadership roles and higher salaries in corporate finance, while an M.Com is more suited for academic and research-oriented careers.
- Which M.Com course is best?
Top 5 M.Com specialisations:
- M.Com in Finance
- M.Com in Accounting
- M.Com in International Business
- M.Com in Marketing
- M.Com in Human Resource Management
- Is M.Com difficult?
M.Com programs demand a thorough understanding of complex accounting, finance, and economic concepts. Tests, assignments, and academics can be complex for some students.
- What is the salary of an M.Com graduate?
M.Com graduate salary in Chennai ranges between Rs 3.20 to Rs 5.00 LPA.