What is the full form of B.Com?
The full form of B.Com is Bachelor of Commerce, which is a 3-year undergraduate course offered to those who have completed their 12th. B.com students gain a broad understanding of business, as well as in-depth knowledge of finance and accounting.
Students will also have the opportunity to learn about management, taxation, finance, statistics, and other aspects of this field of research. The course is available in three formats: regular, distance and online. According to UGC guidelines, the validity of regular, online and distance degrees is equal.
UG & PG Programs Details Guide 2023
|Full Form of MCA||Full Form Of PGDM|
|Full Form Of M Tech||Full Form Of BBA|
|Full Form Of BCA||Full Form Of MBA|
|Full Form Of BA||Full Form Of B Sc|
|Full Form Of M Sc||Full Form Of B Tech|
|Full Form Of MA||Full Form Of M Com|
B.Com Overview – Quick Facts
Here is a quick overview of the course Bachelor of Commerce:
|Full-Form||Bachelor Of Commerce|
|Fee Structure||INR 10,000-INR 50,0000|
|Eligibility Criteria||10+2 from a recognized board|
|Mode Of Learning||Online, Regular, and Distance|
|Starting Salary||INR 3-6LPA|
|Top Recruiters||HDFC, Deloitte, KPMG, EY, Punjab National Bank, etc.|
Types of B.Com Programs Available in India
Students can pursue distance B.Com in three forms and the academic fee varies as per the type of B.Com program you have chosen.
Students are advised to choose a program as per their needs and availability, for example, if you are willing to work along with your graduation then B.Com online and B.Com distance are apt courses as they are not bound to on-campus classes, whereas, regular B.Com is for those who are ready to dedicate 3 years.
Types of B.Com
|B.Com Online||Merit-Based||INR 20,000 – INR 35,000 (Vary as per the university)|
|B.Com Distance Education||Merit-Based/Entrance Based||INR 45,000 – INR 60,000 (Vary as per the university)|
|B.Com Regular||Entrance Based/Entrance Based||INR 10,000 – INR 1 Lakh (Vary as per the university)|
Why Should I Pursue B.Com?
The reason for doing B.Com depends on the type of career you want ahead. B.Com is a bachelor’s program in the commerce domain and students will get certain perks by pursuing B.Com:
- B.Com is a great fit for those who are willing to study deeply about business strategies, finance, accounting, etc.
- Students can pursue B.Com in both online and regular mode.
- B.Com will open gates for a wide career scope in commerce and management streams.
Eligibility Criteria of B.Com
Bachelor of Commerce is offered by most universities in both regular and distance mode. However, the eligibility criteria of distance B.Com and regular B.Com are almost the same but taking admission in distance B.Com is still easier. The eligibility criteria for distance B.Com are:
- The candidates must have passed all the exams of 10 + 2 from a recognized board
- The candidates must have completed 10 + 2 from a Commerce stream with subjects like Economics, Business, Maths/optional subject and English.
- Most universities don’t put an age barrier for online B.Com courses.
Note: There are some universities that take entrance exams for regular B.Com programs.
Do I require work Experience for B.Com?
B.Com is pursued by those who have passed all the exams of their 10 + 2 and these students can directly take admission to this course without even having any work experience. Students need not worry about their work experience to take admission in either online B.Com or regular B.Com.
Do I need to give any entrance exams for B.Com?
Online B.Com doesn’t require any entrance exam and even most of the universities provide admission in even regular B.Com on a meritorious basis. However, there are universities that ask you to give entrance exams for admission in the B.Com course.
Entrance exams such as LPU NEST, Christ University Entrance Test, AMU Entrance Exam, etc. for admission to some of the best BCom colleges in India.
What is the difference between Distance & Online B.Com?
Distance B.Com is a 3-year UG course in the commerce stream which is specially designed for working professionals. Students need not attend regular on-campus lectures for this course and the value of distance B.Com is exactly the same as regular B.Com. However, distance B.Com does not provide you with online exams but Online B.Com will give you the benefit of online exams and timely online lectures with the help of a learning management system.
B.Com Course Specializations
B.Com is available in different specializations which means students can be experts in particular subjects they are interested in. The universities offer B.Com with different specializations for the sake of providing an in-depth knowledge of subjects. The list of major B.Com specializations are:
- B. Com in Advertising and Sales Management
- B. Com in Computer Application
- B. Com in Foreign Trade
- B. Com in E-Commerce
- B. Com in Honours
- B. Com in Office Management
- B. Com in Tax Procedure
Short-Term Courses After B.Com
Those who are not willing to pursue a master’s degree right after their B.Com can also go for online short-term courses along with their jobs:
- PG Diploma in Banking
- Diploma in Financial Management
- Diploma in HR Management
- Diploma in Business Management
- Certificate program in Digital Marketing
What is the fee of B.Com?
The average cost you incur to complete the B.Com course is INR 10,000 – INR 1,00,000. The cost of the course may vary as per the university and if you pursue online B.Com then you are likely to incur less cost.
Can I get a scholarship for admission to B.Com?
There are universities that provide scholarships to students based on certain criteria. The scholarships that students are likely to get from the universities are:
- Scholarships based on the merit
- Scholarships for the reserved category like SC, ST, OBC.
- Scholarships based on the income of the family
What are the top destinations for B.Com?
B.Com is a valid program and is provided by different universities and institutions in both online and regular mode. Here is the list of your top destinations where you can study B.Com:
- Chandigarh University
- Jaipur National University
- Amity University
- Karnataka State Open University
- University of Mumbai
- Tamil Nadu Open University
- Panjab university
- Dr. B.R. Ambedkar University
B.Com Syllabus and Structure
B.Com – Semester 1
B.Com – Semester 2
|English and Business Communication||English and Business Communication|
|Interdisciplinary Psychology for Managers||Interdisciplinary e-Commerce|
|Business Economics – I||Business Economics – II|
|Principles of Financial Accounting||Corporate Accounting|
|Commercial Laws||Business Laws|
|Principles and Practices of Management||Human Resource Management|
B.Com – Semester 3
B.Com – Semester 4
|Interdisciplinary Issues in Indian Commerce||Interdisciplinary Security Analysis and Portfolio Management|
|Cost Accounting||Advanced Accounting|
|Company Law||Auditing and Secretarial Practice|
|Business Mathematics and Statistics||Cost Management|
|Banking and Insurance||Marketing Management|
|Indirect Tax Laws||Quantitative Techniques and Methods|
B.Com – Semester 5
B.Com – Semester 6
|Income Tax Law||Direct Tax Laws|
|Management Accounting||Financial Management|
|Indian Economy||Issues in Financial Reporting|
|Production and Operation Management||Social and Business Ethics|
|Entrepreneurship and Small Business||Operational Research|
|Financial Markets and Services||Sectoral Aspects of the Indian Economy|
What is the average salary of a B.Com graduate?
Bachelor of Commerce or B.Com is available in both distance and regular mode and brings plenty of career options to opt for in the future. The B.Com course is available in different specialisations and students can earn around INR 4- 6 lakh in almost every field. You can increase your salary by pursuing courses like CA and CS along with B.Com.
B.Com Scope And Career Opportunities
Online B.Com or Bachelor of Commerce provides you with a stronghold on concepts of commerce, finance, accounting, and business.
Hence, it is a wide scope for students to pursue careers in fields like banking, management, marketing, accounting, and others like these. Students can pursue PG courses like MBA, M.Com, or look forward to courses like ICWAI, CA, and CS.
In case you want to apply for a job right after your online B.Com program then you are eligible to apply for profiles like these:
|Auditors||Business Consultants||Certified Public Accountant||Chief Financial Officer|
|Budget Analysts||Business Operation Manager||Chartered Management Accountant||Investment Banker|
Top Recruiters for B.Com Students
Some might consider that getting a job right after B.Com is quite a daunting task. But there are firms that hire freshers who are B.Com graduates for reputable job positions. Here are the major top recruiting companies for B.Com graduates:
|HDFC||KPMG||Ernst & Young|
|Punjab National Bank||Bajaj Allianz||IndusInd Bank|
Can I pursue B.Com after 30?
B.Com is a popular course and is available in both online and regular mode. Therefore, there are no barriers. If you are above 30 then don’t worry you can still pursue B.Com in the distance mode.
However, there are universities that do not put an age barrier even for regular B.Com but you just need to justify your gap in your studies.
Full-Form of B.Com, remember?
The full-form of B.Com is Bachelor of Commerce and this undergraduate course can be pursued in both regular and distance mode. Distance B.Com graduates get good opportunities because many businesses want to hire fresh B.Com graduates to fill vacancies.
Auditor, Budget Analyst, Financial Executive, and several other positions are open to distance B. Com graduates. Distance learning for B.Com is advantageous in its own right. This blog has been written with the aim to fill you in on all the necessary details related to B.Com.