Modern times have made it crucial for students to stand apart in the crowd from others. Recruiters look for additional special skills in students, which can provide additional utility to the organization. One of such courses after 12th Commerce is BCom Finance. Students who want to pursue Finance intensively do not have to wait till post-graduation anymore, as this course gives a strong foundation in the same. So, let’s uncover the course contents and its characteristics with this article.
This Blog Includes:
What is BCom Finance?
BCom Finance is an undergraduate degree course spanning 3 to 4 academic years. This course incorporates the fundamental information and knowledge of a traditional BCom along with specialised subjects that deal with Finance, Banking and Investments.
Students who have completed their Senior Secondary Schooling can apply for a course in BCom Finance. This course provides an edge to students who are looking to work in the Finance sector or looking for an advanced degree. Financial analysts, Risk and Investment experts are some of the top positions that students can look for after completing this course.
BCom Finance Subjects
Course contents of BCom Finance inculcate the basic subjects of B.Com, also adding a few specialised subjects at a later stage. These subjects work at making students equipped enough to take effective managerial and executive decisions, which are mainly Financial in nature. Some of the common core subjects taught under this course are:
|Principles of Management||Business Ethics||Direct Tax Laws||Managerial Economics|
|Financial Accounting||Banking||Business Statistics||Entrepreneurship Development|
|Financial Management||Business Law||International Finance||Human Resource Management|
|Managerial Accounting||Indirect Tax Laws||Derivatives||Corporate Laws|
|Financial Institutions and Markets||Computer Application for Business||Cost and Management Accounting||Security Analysis and Portfolio Management|
Read our blog to find out the differences between
this course and BSc Accounting and Finance!
International Finance relates students to the global finance and capital markets, and its operations. Working in a global economy makes it critical to have awareness about the dealings in the international market and how it functions. It also teaches about raising foreign capital, how transactions take place between different countries and the Balance of International Trade.
Financial Institutions and Markets
This subject acquaints students with various types of financial institutions and how they function. As finance is the driving force of any market industry in the world, having a knowledge of basic concepts of finance and their applicability is paramount for a prospective manager or expert.
Business law teaches the students various legal and regulatory facets of administering and conducting business in our country. This subject includes legal instances and illustrations which teach the students the correct way of proceeding in different situations.
Financial management imparts financial knowledge to prospective managers. It includes different accounting and mathematical tools, integrated with logical reasoning to help students arrive at conclusions and make effective decisions. This is a crucial part of managerial acumen, as finance is the backbone of any commercial enterprise.
Security Analysis and Portfolio Management
This subject provides specialised financial knowledge in two fundamental concepts. Security Analysis refers to the process of valuing securities (bonds, shares) correctly and thus determining whether to trade them or not. Portfolio Management is an extension of this concept, extensively dealing with the evaluation of various investment plans and selecting the one with least risk and highest possible returns, as per the client’s personal choice.
Semester Wise Syllabus for BCom Finance
|Semester 1||Semester 2|
-Financial Accounting – I
-English-Principles of Management
|-Principles of Marketing
|Semester 3||Semester 4|
|-Direct Tax Laws
-Cost and Management Accounting
|-Indirect Tax Laws
-ECommerce and Computerized Accounting
-Financial Institutes of Markets
|Semester 5||Semester 6|
|-Insurance and Risk Management
-Security Analysis and Portfolio Management
-Financial Management -II
|-Business Ethics and Corporate Governance
-Auditing and Assurance Services
BCom Finance: Top Universities
As Finance is a fast-growing sector in today’s era, the quality of education imparted in the discipline is also improving abruptly. Many leading foreign universities have programs in Finance, often coupled with complementary subjects like Accounting and Banking. Here are the world’s leading universities in Finance, as per QS Rankings 2021
|Massachusetts Institute of Technology||USA||2|
|London School of Economics and Political Science||United Kingdom||4|
|University of Oxford||United Kingdom||5|
|University of Cambridge||United Kingdom||6|
|University of Pennsylvania||USA||7|
|University of California, Berkeley||USA||8|
|University of Chicago||USA||9|
|New York University||USA||10|
Here is a list of certificate courses for MBA Finance students!
Top Colleges In India
Mentioned below are the top colleges in India for pursuing BCom Finance. You can check the table here:
|Name of College||Location||Average Fees||Admission Process|
|Guru Nanak College||Chennai||INR 60,000||Merit/ Entrance followed by Interview|
|St. Joseph’s College||Calicut||INR 70,450||Merit/ Entrance followed by Interview|
|Christ University||Bangalore||INR 96,666||Merit/ Entrance followed by Interview|
|Symbiosis College of Arts and Commerce||Pune||INR 25,000||Merit/ Entrance followed by Interview|
|AIMS Institute||Bangalore||INR 49,667||Merit/ Entrance followed by Interview|
Best Distance Education Colleges for BCom Finance
Below, are the Top 10 distance learning universities:
- Delhi University, The School of Open Learning
- Tamil Nadu Open University
- Annamalai University, Directorate of Distance Education
- The University of Mumbai, Institute of Distance Education
- Bharathiar University
- Madurai Kamaraj University
- Alagappa University
- Karnataka State Open University
- Punjab University
- Gujarat University
The admission for BCom finance is done on the basis of the marks scored in your 10+2. However, in certain colleges, an entrance exam is conducted. The entrance exam is followed by personal interview which is connducted to the evaluate the students.
Merit Based: For a merit based admission you have the option of applying offline and online. Applicants can submit the application form on the date which is mentioned by the university or college.
Entrance Based: Certain colleges conduct an entrance exam to gauge the ability and skills of students. Those students are shortlisted who perform well in the exam and get qualifying marks. Students will have to submit their documents and passport size photos as required by the college or university.
Popular Entrance Exams
Mentioned below are the most popular enctrance exams conducted to give students admission in BCom Finance.
|Name of Exam||Date Of Exam||Application Date||Mode of Exam|
|NPAT||27th June 2021||16th February 2021||Online|
|DUET||1st and 2nd week of June 2021||1st week of March 2021||Online|
|BHU UET||Fourth week of May 2021||February 2021||Online|
|DSAT||4th week of April||1st Februray 2021||Offline/ Online|
|IPU CET||4th week of May||1st week of March 2021||Online|
BCom Finance: Future Scope
This course is Finance and Investment centric, it opens up doorways into various analyst and advisor job profiles. After pursuing BCom Finance, students have greater employability as they have specialised skills in Finance and its functions. If students want to continue their studies onto a greater degree, they have a wide range of choice among specialization Diplomas and Masters degrees. Here are some of the popular career lines that student pursues after completing their B.Com Finance degree:
- Business Analyst
- Investment Banker
- Risk and Investment Analyst
- Risk and Insurance Expert
- Equity and Capital Analyst
- Finance Manager
- Investment Manager
- MBA in Finance
- Specialisation Diploma Courses
Jobs and Salary
The general salary after BCom or any finance degree in India is INR 5,00,678. Given below is the list down are the average job salaries of students or candidates in the following career paths:
|Finance Manager||INR 9,21,000|
|Finance Analyst||INR 4,25,000|
|Senior Financial Analyst||INR 5,52,000|
|Senior Accountant||INR 5,56,000|
|Tax Analyst||INR 3,62,000|
|Tax Consultant||INR 4,61,000|
Bcom Finance vs BCom Accounting
Read on for an in-depth comparison of both subjects, to help you make a decision:
|General Course Content||Auditing, Budget Analysis, Financial accounting & reporting, quants, forensic accounting, international accounting, tax accounting, risk management, etc.||Advanced Derivatives, Corporate finance, asset markets, financial maths, financial management, financial reporting, private equity, etc.|
|Career Options||Auditor, Actuary, Bookkeeper, credit controller, forensic accountant, budget analyst, financial examiner, etc.||Commercial banker, financial consultant, financial manager, financial trader, insurance officer, investment banker, etc.|
|Key Skills||Quantitative skillKnowledge of various accounting topics & techniques. Awareness GAAP. Knowledge of accounting regulation issues. Strong understanding of the business industry.||Research SkillsCommunication SkillsAnalytical SkillsKnowledge of the stock market, trade & investment|
|Average Starting Salary||INR 4. 9 lakhs||INR 5,00, 678|
Have a look at the list of professional courses after class 12th Commerce Stream!
BCom Finance is also known as Bachelor of Commerce with Finance Major which deals with the topics like security analysis, derivatives markets, financial management, risk management etc. It is different from the general BCom degree as it concentrates more on the financial side of the field.
BCom Finance includes a range of subjects that teach financial and risk management to the students. Some of the essential subjects belonging to the field are as follows
– Cost and Management Accounting
– Financial Management
– Financial Accounting
– Indirect Tax Laws
– Direct Tax Laws
– Financial Institutions and Markets
– Managerial Economics (Macro)
– E-Commerce & Computerized Accounting
A BCom degree provides students with an option to major in a range of subjects. Some of the popular ones are Accounting, Economics, Managerial Economics, Banking and Insurance, Finance, Human Resource, Corporate Law, Investment Banking, Financial Market, Taxation and Marketing.
The salary of a BCom Accounting and Finance can vary depending upon the university they went for higher education. It can be in high for those who went abroad to study the course or for those who joined prestigious institutions in the country itself.
So, this sums up all the major features of BCom Finance. To know more about such lucrative courses, connect Leverage Edu. We provide expert career guidance that helps you get the best college and course combination as per your needs. Book an E-meeting today and get started on your success journey!