Bachelor of Commerce, which is popularly known by its abbreviation B.Com, is an undergraduate course that is completed over a duration of three years. B.Com is among the most popular bachelor’s level programmes and is therefore offered in a vast number of colleges and universities. B.Com is the most preferred choice of a majority of the students who complete their higher secondary education in the commerce stream. The program of Bachelor of Commerce is provided in the regular mode and through the mode of distance learning as well.
In addition to the compulsory subjects, students pursuing B.Com can choose their combination of subjects from those offered by the institute. Some colleges allow students to choose their electives in the second or third year of B.Com if they have performed well in their semester exams. Bachelor of Commerce is a programme that equips students with an in-depth knowledge of the field of commerce pertaining to the areas in which they choose to specialise. Candidates are trained in the particular fields of their choice so that they gain proper knowledge and are capable of putting it to practical use. Through the course of B.Com, students are equipped with the knowledge about aspects that impact business and trade such as accounting principles, economic policies, export and import laws, etc.
Bachelor of Commerce has several specializations like economics, management studies, computer applications, foreign trade management, taxation, accountancy, e-commerce, banking, etc.
The basic details of B.Com are given in the table below.
|Course Fee||Rs. 10,000 - Rs. 1,00,000|
|Average Starting Salary||Rs. 2 - 6 lakhs per annum|
|Exam Type||Semester Wise|
|Minimum Qualification||10 + 2|
|Minimum Marks||50% - 60%|
|Selection Process||Merit or Entrance Exam|
|Exams Accepted||BHU UET, PUCET, etc.|
|Employment Sectors||Banking, Auditing, Consulting, Telecommunications, Manufacturing, etc.|
When talking about admissions for a particular course at colleges across the country, listing down criteria that fit every college is not possible. So, candidates can check out the common eligibility criteria for B.Com admissions in India below.
Candidates must have completed an intermediate level of education or equivalent from a recognised board.
The minimum percentage requirement varies from college to college. For instance, the cut-off percentage for B.Com at top universities like Delhi University or Mumbai University can reach as high as 99% whereas, for some colleges, it can be a minimum of 45%.
There is no specific stream requirement for this programme, as such. But, candidates who have completed 10+2 with Commerce might get preference over other students.
Some colleges may require candidates to have studied Mathematics in Class 12 as a compulsory subject.
For some colleges, candidates will have to qualify in entrance examinations.
The admission process in B.Com is conducted either through entrance exams or on the basis of merit.
The Direct Admission process is followed by a majority of colleges in India.
Through this pathway, candidates are selected on the basis of their marks scored in the Intermediate examination.
For this, candidates simply have to apply to the college or university.
After the board results are out, the colleges will release their cut-off scores.
If candidates have scored more than or equal to the cut-off scores the intended college, they will be eligible for enrollment at that institute.
If candidates fail to score as per the cut-off list, they will either have to wait for the second cut-off list or can apply to some other college with lower cut-off scores.
The second way for B.Com selection is admission through entrance exams.
In this pathway, candidates are selected on the basis of their marks scored in the entrance examinations of an institute.
For this, candidates first have to apply to the university/ college.
The institute will provide candidates with an exam schedule.
When the results of the exam are out, the college will release the cut-off or merit list.
If candidates make it to the lists, they will be eligible to get enrolled in the course.
In order to shortlist students for their B.Com program, certain institutions and universities conduct their own entrance examinations. This helps the admission authorities to assess the knowledge of the candidate. Some of the most popular B.Com entrance exams have been mentioned below.
Banaras Hindu University – Undergraduate Entrance Test (BHU UET)
Guru Gobind Singh Indraprastha University Common Entrance Test (IPU CET)
Telangana Gurukulam Undergraduate Common Entrance Test (TGUGCET)
The fee structure of Bachelor of Commerce ranges from Rs. 10,000 to Rs. 1,00,000 for the entire course. Pursuing the course from a central or state university will cost less than pursuing it from a private university. The fee structure of B.Com differs from institution to institution.
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