BCom: Course, Universities, and Career Prospects

A common career option for commerce students, the bachelor of commerce is a business-oriented course that focuses on providing a fundamental but thorough understanding of concepts of Accountancy, Business Studies, Economics, IT, Finance, and Human Resources Management, amongst others. The course acts as a gateway for students to enter into lucrative fields of Business Management, Financial Analysis and Investment, Insurance, Taxation, and Corporate Law in both India as well as abroad. Further, one can also choose to pursue a range of additional qualifications after a bachelor of commerce like CFA, FRM, CA, CS, MBA, Master of Management Studies, etc. This blog aims to provide an overview of the BCom course, its structure, and a few universities which offer the degree program. 

Course Level	Undergraduate
Duration	3 Years
Program Structure	Semester-wise
Average Starting Salary	₹2.5 lakhs per annum
Eligibility	10+2
Admission Criteria	Application Based
Job Profiles	Accountant Account Executive Financial Analyst Accounts Manager Business Consultant

Read about: CA vs CS

BCom: Course Overview

Typically, a full-time Bcom course runs for a period of 3 to 4 years depending on the destination of study. With a combination of both core and elective subjects, students become well-versed in the major aspects of business that as marketing, finance, accounting, and the application of mathematical and statistical concepts to handle overall management. The students are also given an option to either major in a specialization track or a general course. Furthermore, a considerable number of institutions include or encourage industry projects at the end of every academic year. This gives students a platform to not only enhance their business acumen but also gain professional experience. 

Also read: Top 15 Highest Salary Jobs for Commerce Students

Program Structure

As for the structure and organization, the BCom programs generally include specialization tracks and a range of electives along with optional research projects. This accentuates the grasp of the individual on essential concepts along with maintaining diversity. The common specialization and elective options have been tabulated below.

Specializations	Electives
Accounting	Business Writing
Finance	Business Communication
Human Resources Management	Leadership
Business Management	International Business
IT	Stock Market Fundamentals
Entrepreneurship	Insurance and Risk Management
Supply Chain Management	Real Estate
Operations	Strategic Management
Logistics	Entrepreneurship Development
Marketing	–

Note: The above list is meant to be taken for indicative purposes only. Course offerings may vary and students are advised to go through the official university website to know more about the specifics. 

Syllabus 

The following table covers the semester-wise subjects and syllabus for the bachelor in commerce.

1st Semester	Environmental Studies Financial Accounting Business Organisation and Management Principles of Micro Economics New Venture Planning
2nd Semester	Language Business Laws Business Mathematics and Statistics Principles of Macro Economics Economics of Regulation of Domestic and Foreign Exchange Markets
3rd Semester	Company Law Income Tax Laws Indian Economy Financial Markets and Institutions Banking & Insurance Financial Analysis and Reporting
4th Semester	Indirect Tax Laws Corporate Accounting Human Resource Management Industrial Laws E-Commerce Investing in Stock Markets
5th Semester	Auditing and Corporate Governance Cost Accounting Principles of Marketing Training and Development Computer Applications in Business Advertising
6th Semester	Fundamentals of Financial Management Business Communication International Business Consumer Affairs and Customer Care Entrepreneurship & Small Business Organisational Behaviour Indian Polity and Governance Office Management and Secretarial Practice Corporate Tax Planning Fundamentals of Investment Management Accounting

Eligibility Criteria

Bachelor in Commerce (BCom) is offered by most of the universities and colleges in India for both regular as well as distance education methods. Here are the (Ivermectin) general BCom eligibility criteria.

• Students must have taken commerce in classes 11 and 12 with Accountancy, Business Studies, Economics, Maths/optional subjects and English as the main subject.
• Applicants must meet the minimum cut-off criteria for admission at the college they are applying to.
• The minimum cut-off marks criteria may be different in each college/university.
• Apart from the SAT Exam a prospective applicant who wants to study BCom abroad is required to take English language tests like IELTS/TOEFL/PTE.
• Candidates will also be required to submit a statement of purpose, letters of recommendation, an essay, and transcripts amongst other documents. 

Check out: Short Term Courses After BCom

BCom: Top Universities

Owing to the huge popularity of the BCom course, this degree program is offered by several leading institutions across major countries like the USA, Canada, UK, and Australia. Before applying to a university, you should compare the course based on rankings, course orientation, and career prospects. Some of the educational institutions offering this course have been tabulated below: 

University Name	Times Higher Education Rankings	Course
University of Toronto	18	Bachelor of Commerce-Rotman Commerce; Bachelor of Commerce-Economics
The University of Melbourne	32	Bachelor of Commerce (Majors in Accounting/ Actuarial Studies/ Business/ Economics/ Finance/ Management or Marketing)
University of British Columbia	34	Bachelor of Commerce (BCom) Bachelor of Commerce-Business and Computer Science
McGill University	42	Bachelor of Commerce (Majors in Information Systems/Labour Management Relations and Human Resources/ Accounting/Economics / Finance/International Management/ Sustainability/ Marketing/Organisational Behavior/Strategic Management)
Australian National University	50	Bachelor of Commerce (Majors in Accounting/ Business Information Systems/ Corporate Sustainability/ Economic Studies/Finance/ International Business/Management/ Marketing)
The University of Queensland	66	Bachelor of Commerce (Majors in Accounting/ Finance)

Top Colleges in India 

There are various institutions in India that cater to various courses and programs for B.com. Here are the top institutions for pursuing B.com in India.

• Christ University, Bangalore
• Hansraj College, Delhi
• Hindu College, Delhi
• Lady Shri Ram College for Women, Delhi
• Loyola College, Chennai
• MCC, Chennai
• Narsee Monjee College of Commerce & Economics, Mumbai
• Ramjas College, Delhi
• SRCC, Delhi
• St. Joseph’s College of Commerce, Bangalore

Also Read: Study abroad after 12th commerce

Top Recruiters

These are the top recruiters for BCom graduates.

• Ernest & Young
• TFC
• LIC
• New India Assurance
• Bajaj Allianz
• United India Insurance
• HDFC Life
• Kotak Life
• Max Bupa
• SBI
• Punjab National Bank
• ICICI Bank
• Citibank
• Pricewaterhouse Cooper
• RBS
• Deloitte
• IndusInd Bank
• KPMG

Explore What to Do After BCom?

Career Prospects

The BCom course equips an individual with the necessary skills and techniques to build a career in a range of disciplines including traditional ones like Finance, Accounting, and Management. Apart from these, the course curriculum also builds a strong foundation to pursue a career in a few emerging avenues of Corporate Law, Investment Banking, Underwriting, etc. Given below are some of the work profiles you can work on to kickstart your career:  

• Accountant
• Consultant
• Financial Analyst
• Investment Banker
• Tax Analyst
• Human Resources Manager
• Strategic Manager
• Marketing Analyst
• Underwriter
• Company Secretary
• Business Analyst
• Business Writing

Scope and Salary

BCom has a huge scope with abundant opportunities in various fields. Graduates can explore many jobs which offer a good salary package. The salary depends on the skills and position of the person. Tabulated below is the salary for a few of the jobs after BCom.

Job Profiles	Average salary (p.a)
Junior Accountant	₹ 1.75 lakh
Accountant	₹ 2 lakh
Account Executive	₹ 2.5 lakh
Business Executive	₹ 3 lakh
Financial Analyst	₹ 3.7 lakh
Tax Consultant	₹ 4.5 lakh
Financial Consultant	₹ 5 lakh
Accounts Manager	₹ 5.8 lakh
Business Consultant	₹ 9 lakh

FAQs

A BCom course is amongst the primary career choices for a sizeable number of students from the commerce stream. In addition to smart work and gaining practical experience, consistent motivation is required to build a strong career in this field. If you want to pursue a career in commerce but are not sure about how to get started with it then the experts at Leverage Edu will not only assist you in choosing the university but will also guide in completing the admission-related formalities.