B.com Hons. Program and its Complete Details

One of the most common undergraduate program in the field of commerce is the Bachelor of Commerce Hons., or B. Com. Hons. This course is accessible only after completing 12th grade. You must select one of three streams for your 12th grade work: commerce, science, or the arts. B. Com is the most likely UG programfor students who chose to pursue a career in commerce. However, because this program has so many opportunities for continuing study and developing jobs, students from other streams are also permitted to pursue a B. Com degree.

One of the most favorable outcome of attending a B. Com college s the possibility of starting a career and landing a good job as soon as you finish. You can also pursue postgraduate degrees like the PGDM and MBA. Your B. Com degree gives your MBA and PGDM programs a strong foundation. Therefore, if you choose to pursue a B. Com after completing your 12th grade, you are on the right path for a good academic education.

Here in the piece, you will get to learn more about B. Com syllabus,B. Com career options, B. Com fees, B. Com salary, B. Com colleges, B. Com eligibility, B. Com recruiters, B. Com entrance exams, B. Com admission process, B. Com application, and more. 

B. Com Course Duration

It will take 3 academic years to complete B. Com degree program. You must choose a specialization at the beginning of the program. The program includes many topics and subjects related to finance, commerce, economy, accounting, business statistics, banking, taxation, etc. If they choose to pursue B. Com Hons, then they have to choose a specialization.

Merit-based and entrance tests are both used to determine admission to the B. Com colleges. Delhi University offers B. Com admission through CUET. The most well-liked entrance exam for B. Com admission is CUET and IPU CET. Each B. Com college has its own criteria for admission. A class 12 grade of 50% is required for B. Com eligibility.

Apart from General B. Com degree, students can choose to pursue B. Com Hons, B. Com LLB, B. Com+M. Com, and B. Com with CA. Numerous B. Com education options offer specialized insight and skills in their respective fields. In addition to a B. Com, integrated courses go more than three years and include several certificates or degrees.

Some of the most popular jobs after graduating from B. Com colleges are Tax consultant, stock broker, accountant, insurance consultant, etc. After completing a B. Com, the fresher pay ranges from INR 3 to 7 LPA. Students majoring in B. Com with a specialization can start off with salaries between INR 5 LPA and 10 LPA by taking professional courses like CA, CS, CMA, and CFA. Becoming a Chartered Accountant, Company Secretary, Investment Banker, or Certified Management Accountant is possible after earning a B. Com.

General B. Com Hons. eligibility criteria for admission

A general B. Com eligibility requirement often include the following:

· Qualifications in terms of education: Candidates must have passed the equivalent of the 10+2 exam or have completed their schooling from a recognized board.

· Stream: In classes 11 and 12, candidates must have studied the Commerce stream.

· Mandatory Subjects: Candidates should have studied Accountancy, Business Studies, and Mathematics/Economics as required courses in their 10+2 schooling.

· Minimum %: Different B. Com Hons. colleges and institutions may have different minimum percentage requirements. For admission, applicants must obtain the minimum score required by the specific institution.

· Admission tests: Some B. Com Hons. colleges may demand that applicants take and pass admission exams held by the university or institute themselves or at the federal/state level.

It is significant to keep in mind that certain B. Com eligibility requirements may differ from college to college. For reliable and current information, it is therefore advised to examine the official admission policies of the desired B. Com colleges.

Why pursue B. Com degree?

After completing a B. Com Hons. degree, students have options in banking and finance. Following their B. Com degrees, majority of graduates prefer to lead a career in sales and marketing. With experience, the sales department in all industries has a ton of potential. Students who wants to continue on their path of business and finance after 12^th, B. Com can offer an outstanding opportunity to get started.

By 2025, the Indian Fintech business would be worth INR 6.2 trillion, opening up numerous chances for those in the financial industry. In addition to the expanding Fintech industry, Mutual Funds and Insurance also present a variety of prospects.

The banking industry has extensive control over India's financial system. Bank assets in India total USD 2.4 trillion. For all of these assets, the banks will extend credit to Indian individuals. A background in business is necessary for bank management. Bank deposits totaled USD 2.06 trillion and credit advances totaled USD 1487 billion in FY21.

Skills gained from a B.Com Hons. degree

·         Analytical thinking

·         Business valuation

·         Communication skills

·         Financial intelligence

·         Negotiation skills

·         Relationship management

·         Networking abilities

·         Leadership qualities

·         Confidence

·         Self-motivated

·         Business development

·         Research and quantitative skills

·         Proficiency with MS Office

·         Adaptability

·         Organization skills

What are the B. Com entrance exams 2024?

The following lists the B. Com Entrance Exam registration and exam dates:

CUET 2023 Cut-Off in Top Colleges

Types of B. Com

B. Com (General): The B. Com General undergraduate degree program offers a wide choice of courses in business and commerce. It provides a well-rounded curriculum that exposes students to numerous business-related topics and provides them with the information and abilities necessary for a range of positions in the business world.

B.Com (Honors): The undergraduate degree program in B.Com (Honors) provides a more focused and in-depth study of business-related topics. Students who are interested in a particular area of commerce and want to pursue graduate school or specialized careers in that area can consider this degree.

B. Com LLB: It is an integrated 5 year undergraduate program that is catered to deliver knowledge in both fields of law and commerce. For admission in B. Com LLB, students must clear CLAT exam. 

B. Com Specializations

·         B Com Accounting and Finance

·         B Com Corporate Secretaryship

·         B Com Banking Management

·         B Com Marketing

·         B Com E-Commerce

·         B Com Tax Procedure and Practice

·         B Com Computer Applications

·         B Com Accountancy

·         B Com Applied Economics

·         B Com Banking and Finance

·         B Com Banking and Insurance

·         B Com Financial Accounting

·         B Com Financial Markets

Different ways to enroll in a B. Com course

Three options exist for B. Com course enrollment:

·         B. Com Regular

·         B. Com Distant Education online

Admissions for B. Com Hons.

India is home to several prestigious B. Com colleges, but the admission procedure and eligibility requirements differ from college to college. However, most B. Com colleges use the following methods to admit new students: Direct admission and Entrance exams:

·         Direct Admission: There are no entrance tests required for direct admission to the B Com program. According to their performance on the class 12 board exams, students are admitted. After the boards exams reveal their results, the list is created.

·         Entrance Exams: Students' scores in entrance exams taken at the national or state level, such as the IPU CET, DUET, BHU, etc., are used by some universities and colleges, including Delhi University, to determine admission to the B.Com program.

Although, admission process differs from college to college yet there are many things common among them.

B. Com Hons. application

The following steps must typically be followed in order to apply for a B. Com course:

·         After passing your 12th grade, you must complete the university paperwork available on the university website.

·         To choose your top college selections, fill out the form.

·         You must submit the form together with a digital copy of your grade report from grade 12 and the necessary online costs.

·         You will be admitted based on your 12th grade point average and your top college choices.

·         In the extremely unlikely event that you are denied admission to the college of your choice, you can wait until the university admissions process is complete and apply for direct admission.

Although, most B. Com colleges follow a distinctive admission procedure but the basic criteria is the same.

B. Com Fees

The type of b location, facilities, and manner of study all affect B. Com fees in India. When offered by a private university, B. Com fees will be a little bit higher. B. Com fees in government institutions will be comparably quite affordable.

A three-year undergraduate curriculum called B. Com offers knowledge of the business world. In India, the typical B. Com tuition may cost between 10,000 and 100,000 rupees per year.

B. Com Syllabus

The majority of B. Com colleges provide the same B. Com curriculum. You can plan properly if you have an idea of what to expect from the degree from the subjects. These are the subjects covered in the B. Com degree program. These topics are covered frequently during the course of the three years. Every year, new specializations and disciplines are added.

B. Com Career Options

In India, there are numerous B. Com career options available for graduates in fields like accounting, finance, banking, insurance, e-commerce, government employment, stock market, consultancy, PSUs, entrepreneurship, and higher education. They can pursue higher education and find a job as accountants, financial analysts, bankers, consultants, or professionals by enrolling in M.Com, MBA, CA, CMA, or CS programs. For aspirant professionals in India, a B. Com degree is valuable due to the variety of sectors and professions offered.

As soon as you graduate and develop expertise, you can also work as a tax consultant. Candidates who are interested might also apply for jobs in banking. Many banks in the public and private sectors prefer to recruit B. Com grads from top B. Com colleges in India every year. Candidates have the option of working in the public or private sector. Students can apply for public sector jobs by pursuing UPSC exam in public sector banks.

Accountant: B.Com graduates with accounting experience may manage financial records, create financial statements, and analyze financial data for businesses.

Financial Analyst: B.Com graduates can work as financial analysts who do financial research, evaluate market trends, and offer opinions and suggestions on potential investment opportunities.

Tax Consultant: B. Com graduates with a focus in tax consulting can help people and businesses with tax planning, compliance, and advice on tax-related issues.

Auditor: B.Com graduates who want to work as auditors can examine financial statements, carry out internal or external audits, and make sure rules and policies are being followed.

Banking Officer: B.Com graduates can work in banks as banking officers, handling client financial advice and transactions as well as helping with account administration.

Financial Analyst: B.Com graduates who work in positions like financial analyst or research analyst can analyze financial data, conduct market research, and offer insights for investment decisions.

JobSector

·         Finance

·         Accounts

·         Law

·         Taxation

·         Management

·         Human Resource

B. Com Hons. Salary

Graduates with a bachelor's in commerce are compensated well. However, the pay for the applicants varies from department to department. Candidates that have a few years of experience may be paid well.

The wage depends on the business and job type. “It can range from Rs. 10,000 to Rs. 25,000 per month for a new recruit.

In the company, a CA typically earns between INR 5 lakh and 10 lakh annually.

The average salary after a B. Com can range between 350000 and 600000 at the beginning of a career. Below are the detailed B. Com jobs and their salaries: 

B. Com Recruiters for Graduates

For entry-level roles in industries like finance, accounting, marketing, retail, human resources, and administration, B. Com applicants are hired. Employers of B. Com graduates include insurance companies, financial organizations, and accounting firms. The top B. Com employers in India who hire graduates include the following:

·         State Bank of India

·         HDFC Bank

·         United India Insurance

·         Policy Bazaar

·         Bajaj Allianz

·         Life Insurance Corporation

·         KPMG

·         Deloitte

·         New India Insurance

·         Punjab National Bank

·         Reserve Bank of India

How do I find employment after receiving a B. Com degree?

Many public and commercial banks hire recent B. Com grads each year. Candidates may choose to work in the public or private sectors. Some B. Com colleges and institutions provide excellent placement opportunities after receiving a B. Com. The typical B. Com graduate earns between INR 8 and INR 15 LPA. The likelihood of receiving a B. Com placement wage increases dramatically as an aspirant's years and experience increase.

B. Com Colleges in India 

Number of B. Com colleges in India 

Comparison of B. Com Courses

The best options for commerce students following class 12 include BBA, BSc, and BAF. These courses are contrasted in the sections with the Bachelor of Commerce.

B. Com or BBA: Which is Better?

B. Com or BSc: Which is Better?

B. Com or BAF: Which is Better?

B. Com General Vs. B. Com Hons

Higher Education options after B. Com Hons.

Why Pursue B. Com from KCC Institute of Legal and Higher Education?