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, 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 Laws 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.
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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 like that in marketing, finance, accounting, and application of mathematical and statistical concepts to handle the 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 acumens but also gain professional experience.
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.
|Human Resources Management||Leadership|
|Business Management||International Business|
|IT||Stock Market Fundamentals|
|Entrepreneurship||Insurance and Risk Management|
|Supply Chain Management||Real Estate|
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 on the specifics.
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 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||Country||Times Higher Education Rankings||Course|
|University of Toronto||Canada||18||1. Bachelor of Commerce-Rotman Commerce;|
2. Bachelor of Commerce-Economics
|The University of Melbourne||Australia||32||Bachelor of Commerce (Majors in Accounting/ Actuarial Studies/ Business/ Economics/ Finance/ Management or Marketing)|
|University of British Columbia||Canada||34||1. Bachelor of Commerce(BCom)|
2. Bachelor of Commerce-Business and Computer Science
|McGill University||Canada||42||Bachelor of Commerce|
(Majors in Information Systems/Labour Management Relations and Human Resources/ Accounting/Economics for Management Students/ Finance/International Management/ Sustainability/ Marketing/Organisational Behavior/Strategic Management)
|Australian National University||Australia||50||Bachelor of Commerce (Majors in Accounting/ Business Information Systems/ Corporate Sustainability/ Economic Studies/Finance/ International Business/Management/ Marketing)|
|The University of Queensland||Australia||66||Bachelor of Commerce (Majors in Accounting/ Finance)|
A Word on Admission
Apart from the SAT Exam (only for North American countries), a prospective applicant who wants to study BCom abroad is required to take English language tests like IELTS/TOEFL/PTE. Further, the candidate will also be required to submit a statement of purpose, letters of recommendation, an essay, and transcripts amongst other documents.
Also Read: Study abroad after 12th commerce
The BCom course equips an individual with the necessary skills and techniques to build a career in a range of disciplines including in the 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 to kickstart your career:
- Financial Analyst
- Investment Banker
- Tax Analyst
- Human Resources Manager
- Strategic Manager
- Marketing Analyst
- Company Secretary
- Business Analyst
- Business Writing
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 experiences, 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.