BCom Finance Subjects

When it comes to establishing a career in Finance, Bachelor of Commerce in Finance has always been amongst the most preferable choices. Being an evergrowing field, Finance and Accountancy have a vast scope for analytical minds in industries including, but not limited to insurance firms, corporate banks, stock exchanges, tourism, etc. However, before enrolling for the course, it is important to gain an overview of the course curriculum and subjects. So, to gain an in-depth understanding, here is a blog that sheds light on the BCom Finance subjects and what it entails!

BCom Finance Subjects: Overview

The duration of the BCom Finance course is around 3 years and usually, it is divided into 6 semesters. Students get to study a new set of subjects every semester and have to undergo separate examination for each semester. Before we go on and take an intricate look at the subjects you will get to study in BCom Finance, let us take a quick look at the subjects you will be presented within every semester.

Semester 1	Semester 2
-Business Mathematics -Financial Accounting – I -English -Principles of Management	-Principles of Marketing  -Business Statistics  -Business Law -Managerial Economics
Semester 3	Semester 4
-Direct Tax Laws -Cost and Management Accounting  -Corporate Laws  -Business Communication	-Indirect Tax Laws -ECommerce and Computerized Accounting  -Banking  -Financial Institutes of Markets
Semester 5	Semester 6
-Insurance and Risk Management  -Security Analysis and Portfolio Management -Financial Management -II -Entrepreneurship Development	-Business Ethics and Corporate Governance  -Auditing and Assurance Services -International Finance -Derivatives

BCom Finance Subjects: First Year 

The first year of the program is divided into two semesters with separate examinations. You will learn a variety of subjects such as Accounting, Meaning and Scope of Accounting, Business Economics, Organisational Behaviour, etc that will develop a basic foundation of the program. Mentioned below are the popular BCom Finance subjects in 1st year.  

Meaning and Scope of Accounting 

In this subject, you will get to know about the type of accounts and rules of debit and credit, accounting standards, accounts from incomplete records, accounting principles, accounting cycle, cells balancing ledgers, final accounts of professional, etc. 

Business Organizations 

Main topics of the subject include meaning and definition of business essentials, classification of business activities, modern business and business profession, forms of business organisations, partnership, joint-stock companies, business finance, sources of finance, etc

Business Economics

Being one of the most interesting BCom Finance subjects it will familiarize you with concepts pertaining to consumption and investment, economic growth, monetary and fiscal policy, open economy, inflation targeting, the design of monetary policy, the golden rule of capital accumulation, etc.

BCom Finance Subjects: Second Year

In the second year, not only will you gain advanced knowledge of the foundational BCom Finance subjects but may also get an opportunity to attain practical knowledge through a full-time internship. However, this may vary from one university to another. Mentioned below are the subjects that form an integral part of BCom Finance 2nd year syllabus: 

Taxation 

Historical background of income tax, residential staters and incidents of income tax, facts on the basis of residential status, competition of total income, deduction from gross total income, and introduction to indirect taxes, are some important topics of Taxation that you’ll get to study.  

Corporate Finance

Corporate Finance is an essential module amongst all the BCom Finance subjects. It builds a strong base in concepts like capital budgeting, finance decisions, earnings before interest and tax, working capital, management and objectives of cash management, cost of capital, long-term investment decision, etc. 

Cost Management Accounting

When it comes to the BCom Finance subjects, building a command over the concepts of Cost and Management Accounting is important. It will elucidate cost concept, cost object, and cost classification; fatal procedures, measurement of labour deficiency and productivity, cancellation of cost and financial accounts, cost accounting record: integrated and non-integrated, etc.  

Advanced Accounting

Advanced Accounting, which is one of the most important Bcom Finance subjects deals with the study of redemption of redeemable preference shares, funds flow statement, cash flow statement, the meaning of goodwill, capitalization method, valuation of shares, and need for valuation, accounting for lease transactions, etc. 

BCom Finance Subjects: Third Year 

With a thorough knowledge of the aforementioned subjects, in the 3rd year, you will study a bunch of electives along with core BCom Finance subjects. Furthermore, you will also be required to complete a dissertation or an industrial training program, the duration of which will vary from one university to another. Some of the subjects have been given a rundown below: 

Finance and Investment Management

The major topics included are strategic management, sources of Finance, dividend policy, statement of financial information and financial statement analysis, personal finance, savings and investment, insurance: life, health, property; depository system, etc. 

Accounting and Auditing

A few main concepts that you will study in the subject include liquidation of joint stop companies, the meaning of liquidation,  reconstruction of company and external reconstruction, disclosure of accounting policies, compliance and reporting, governance, legal frameworks, general insurance for business, etc

Financial Analysis and Reporting

Often regarded as one of the trickiest BCom Finance subjects, Financial Analysis and Reporting includes a study about segment reporting, interim financial reporting, predicting corporate failures using z score models, financial statement and analysis: statement of financial information, accounting for depreciation of fixed assets, value-added statement, corporate social reporting, etc.

Elibility Criteria

The basic eligibility criteria for pursuing a B.com Finance is as follows:

1. Students should have passed high school at 10 + 2 level, with a minimum aggregate percentage of 55% from a recognised board and institution.
2. Students with compulsory subjects such as Accountance/Business Studies, Mathematics and Economics are eligible to take admission to a B.Com Finance course.
3. For students of IB, 3HL & 3SL with 24 credits must be earned.

Options to Pursue after BCom Finance

After completing a course in BCom Finance, the student can take up the following educational options:

MCom Finance	MBA Finance
Chartered Accountant (CA)	Certified Management Accountant (CMA)
Company Secretary (CS)	Actuarial Science

FAQs 

Thus, we hope that through this blog on BCom Finance subjects, you now have a clear understanding of the course. Planning to pursue this course abroad? Not sure how to get started? Don’t worry! Reach out to our experts at Leverage Edu who will provide assistance throughout the admission process!