What Is the Full Form Of B.Com? – Ultimate Guide 2022
Detailed Guide Online and Distance B.Com

What Is the Full Form Of B.Com? – Ultimate Guide 2022

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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.

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B.Com Overview – Quick Facts 

Here is a quick overview of the course Bachelor of Commerce: 

Full-Form Bachelor Of Commerce 
Degree Level  Undergraduate 
Duration                                       3 Years 
Fee Structure  INR 10,000-INR 50,0000                                
Eligibility Criteria  10+2 from a recognized board 
Mode Of Learning Online, Regular, and Distance
Admission Procedure  Merit-based 
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

Admission Criteria

Fees

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
  • NMIMS
  • 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
Environment, Road

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      
Deloitte LIC Citibank

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.

FAQs

Which universities are best for B.Com?

Here are some universities that are best for distance B.Com:

  • Delhi University
  • Mumbai University
  • IGNOU
  • Jaipur National University
  • Amity University

What is the eligibility criterion of B.Com?

You have to pass 10+2 with the commerce stream and Maths as the compulsory subject.

Is there any entrance examination for taking admission in distance B.Com?

There is no entrance examination to get enrolled in distance B. Com. You have to have just a minimum percentage in intermediate to get enrolled in distance B.Com.

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