Bachelorof Commerce (B.Com). By syllabusabc

        

         Bachelorof Commerce (B.Com)

What is B.Com?

BCom or Bachelor of Commerce is a three-year undergraduate degree programme imparted in full-time, distance education as well as online mode. B.Com is the most sought-after course under the commerce stream as maximum commerce students tend to enroll into a B.Com course at the UG level. Coming to the choice of UG course under commerce, students have BCom and BCom (Honours) as two options.

B.Com (Hons) curriculum is designed to impart education in some specialised subjects; whereas, BCom, also known as BCom Pass or B.Com General, is an overview of all the subjects taught in an honours course. Some universities institutes offer integrated programmes with BCom as the basic degree with any professionalised degree, such as B.Com LL.B, B.Com MBA, B.Com CMA, etc.

The primary focus of the BCom degree course is to impart education across commerce and finance subjects. Candidates can even choose elective subjects during this three-year degree course. Three years of the BCom degree is divided into six semesters with topics including financial accounting, corporate tax, economics, company law, auditing, business management, etc. BCom marks as the gateway to a career in commerce, finance, accounting, banking and insurance. Some B.Com students also consider the course as Plan B while preparing for Chartered Accountancy, Cost Accounting and Company Secretaryship.

After completing BCom, students can pursue a career in management, teaching, advertising, journalism, mass communication, law, design, etc. The average starting salary of a BCom graduate is Rs 3 lakh and upwards.

Difference between B.Com and B.Com (Hons)

Both are the undergraduate courses in the field of commerce. The level of study of B.Com (Hons) is higher than the regular B.Com. B.Com honors includes specialized subjects whereas B.Com. regular course has general subjects. The subjects in B.com (Hons.) are in detail as compared to regular B.com.

BCom Eligibility Criteria

Unlike technical and vocational education, BCom is offered by most of the universities and colleges in India in both regular as well as distance education modes. Space below mentions the B.Com eligibility criteria:

The candidate must have studied Commerce in class 11 and 12 with Accountancy, Business Studies, Economics, Maths/optional subject and English as main subjects

The candidate must meet the minimum cut-off criteria for admission to the college applied to

The minimum cut off marks criteria may be different in each college/university’s as it is subject to the college/university’s own admission criteria for that year

Factors influencing the minimum cut off marks for B.Com admission includes

- total percentage of candidates passing in Commerce in class 12th

- the highest score in Commerce

- the average score in Commerce

- minimum cut off marks of the previous year, etc.

BCom Syllabus

BCom syllabus is broken into six semesters and below is the semester-wise list of subjects taught as per the BCom course curriculum:

B.Com Syllabus - 1st Year

Semester

BCom Syllabus - 1st Semester

Subject

Environmental Studies

Financial Accounting

Business Organisation and Management

Generic Elective*

a) Principles of Micro Economics

b) New Venture Planning

BCom Syllabus - 2nd Semester

Language

Business Laws

Business Mathematics and Statistics

Generic Elective*

a) Principles of Macro Economics

b) Economics of Regulation of Domestic and Foreign Exchange Markets

B.Com Syllabus - 2nd Year

Semester

BCom Syllabus - 3rd Semester

Subject

Company Law

Income Tax Laws

Discipline-Specific Elective*

a) Indian Economy

b) Financial Markets and Institutions

Skill Based Subject*

a) Banking & Insurance

b) Financial Analysis and Reporting

BCom Syllabus - 4th Semester

Indirect Tax Laws

Corporate Accounting

Discipline-Specific Elective*

a) Human Resource Management

b) Industrial Laws

Skill Based Subject*

a) E-Commerce

b) Investing in Stock Markets

B.Com Syllabus - 3rd Year

Semester

BCom Syllabus - 5th Semester

Subject

Auditing and Corporate Governance

Cost Accounting

Discipline-Specific Elective*

a) Principles of Marketing

b) Training and Development

Skill Based Subject*

a) Computer Applications in Business

b) Advertising

BCom Syllabus - 6th Semester

Fundamentals of Financial Management

Business Communication

Discipline-Specific Elective*

a) International Business

b) Consumer Affairs and Customer Care

c) Entrepreneurship & Small Business

d) Organisational Behaviour

e) Indian Polity and Governance

f) Office Management and Secretarial Practice

g) Corporate Tax Planning

h) Fundamentals of Investment

i) Management Accounting

Skill Based Subject*

a) Personal Selling and Salesmanship

b) Cyber Crimes and Laws

BCom Jobs and Top Recruiters

In today’s job market, only a BCom degree is not enough. After completing the degree, students must pursue post-graduation in Commerce, Accounting and Finance. Courses like MCom, MBA, CA, CS etc. are good options for B Com graduates. BCom graduates can also prepare for competitive exams for appointment in the Government sector. But those who wish to start working immediately after completing the BCom course can find various jobs at the junior level in accounting, commerce, banking and finance and related fields. They can also seek jobs in public sector undertakings.

BCom Jobs Average salary

Jr Accountant Rs 1.75 lakh per annum and above

Accountant Rs 2 lakh per annum and above

Account Executive Rs 2.5 lakh per annum and above

Business Executive Rs 3 lakh per annum and above

Financial Analyst Rs 3.7 lakh per annum and above

Tax Consultant Rs 4.5 lakh per annum and above

Financial Consultant Rs 5 lakh per annum and above

Accounts Manager Rs 5.8 lakh per annum and above

Business Consultant Rs 9 lakh per annum and above

Duration & Eligibility
Duration:

B.com is one of the most sought courses after 12th. It has the duration of 3 years divided into 6 semesters. The course covers a number of subjects during its study period. B.Com mainly focuses on Accounts, Mathematics and Economics.

Subjects involved in the course of Bachelor of Commerce are as follows:

Accounting

Cost Accountancy

Economics

Finance

Information Science

International Business

Management

Human Resource

Law

Marketing Management

Tourism

Admission

Generally, students are admitted in B.Com on the basis of merit. The merit is prepared on the basis of candidate’s performance in higher secondary examination. Some Universities also conduct the entrance test for admitting students. Besides candidate’s academic knowledge, some colleges conducts interview.

Candidates who wish to pursue MBA after the completion of B.Com have to appear the entrance test namely Common Admission Test (CAT), Management Aptitude Test (MAT), etc. Some institutions also organizes their own entrance exam for giving admission to their colleges

Job Areas

Job Areas For B.Com Graduates are:

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 and Forex Department

Investment Banking

Books & Study Materials

It is very important to study from the right book for doing preparation. Here, we have listed some books of Bachelor of Commerce. Students can easily find these books in market or can also browse them in google.

Business & Industrial Laws by L.C. Mittal

Business Economics by P.K. Mehta

Financial Accounting by P.C. Tulsian, Bharat Tulsian

Financial Management by Ishwar Sharma, N.P. Yadav, Manju Garg

Cost Accounting: Principles & Practice by Maheshwari Mittal

Business Laws by M C Kuchhal, Vivek Kuchhal

Fundamental of Financial Management by R.P. Rustagi