BCom Finance

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.

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
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
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
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
-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: 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

University	Country	QS Rankings
Harvard University	USA	1
Massachusetts Institute of Technology	USA	2
Stanford University	USA	3
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: 

1. Delhi University, The School of Open Learning
2. Tamil Nadu Open University
3. Annamalai University, Directorate of Distance Education
4. The University of Mumbai, Institute of Distance Education
5. Bharathiar University
6. Madurai Kamaraj University
7. Alagappa University
8. Karnataka State Open University
9. Punjab University
10. Gujarat University

Admission Process 

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
• Lecturer
• Risk and Insurance Expert
• Equity and Capital Analyst
• Finance Manager
• Investment Manager
• M.Com
• 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
Accountant	INR 1,99,000
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: 

Categories	Accounting	Finance
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!

FAQs

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!