Every year major students who took commerce in the 12th class pursue a Bachelor’s degree in commerce, known as B.com.
This is a 3 to 4years undergraduate business degree. In some countries like Canada, Ireland, etc. the duration is 4 years, but most countries like India, Nepal, Australia, etc. have 3 years of B.com program.
I will mention almost all countries’ duration, but if you don’t find the country you want to pursue a degree from, please check on google.
B.com or Bachelor of Commerce provides knowledge on how to manage a business and help you build those managerial skills if you don’t know anything about that.
Not only managerial skills, once you start pursuing B.com, but you’ll also interact with many other subjects like HR ( Human Resources ), Economics, Marketing, Actuarial Studies, Accounting, etc.
Let’s see some history on B.com or Bachelor of Commerce. The first university that was offering B.com was the University of Birmingham.
An Englishman William Ashley founded the University’s School of Commerce. At the Toronto university, William Ashley was the first professor of Constitutional History & Political Economy.
In 1892, he left Toronto university and joined Harvard University for a few years.
After spending some years at Harvard University, he returned to England and joined the new University of Birmingham, where he established the School of Commerce.
William Ashley was the man behind today’s degree of B.com. He was also the forerunner of many other Bachelor of Commerce Program.
If you also want to pursue a B.com degree, then stay tuned! We will discuss many important questions related to B.com or B.comm’s degree in this article. So without any further due, let’s get started!
What is B.com?
B.com or Bachelor of Commerce is a business degree or course, which takes 3 to 4 years to be completed. In some countries, the duration can go 4 years, and in some, it can take 3 years.
But if I assume that you want to pursue a B.com degree from India, it will take 3 years or 6 semesters to complete your degree.
During your course, you’ll learn about many subjects like HR ( Human Resources ), Economics, Marketing, Actuarial Studies, Accounting, etc.
Below In the B.com subjects & B.com Syllabus point, I have mentioned all of B.com’s subjects and syllabus.
Not only, but you’ll also gain knowledge on how to manage a business properly. This will help you start your own business or handle your family business ( If you have one).
Just like any other common degrees like B.Sc, BA, BCA, BBA. There are two ways that you can use to take admission. The first way is the direct way, and the second one is the entrance exam way. Below I have mentioned both the ways in-depth. Have a look!
If you want to take the direct way, you have to fight any exam for your seat. You can directly go to a college and apply for admission.
But before applying for admission, make sure that college doesn’t take the entrance exam.
There are some eligibility criteria that will apply for whether you want to take the direct way or the entrance exam way. Below I have mentioned the eligibility criteria, have a look:-
- Candidates must have completed their 10+1 or 12th class examination with at least 50%.
- Candidates must have studied Commerce in 12th class with Business Studies, Economics, Accountancy. Maths is optional.
Some specific colleges only give admission to those who clear the entrance exam conducted by their college. So if you want to pursue B.com from some big and reputed colleges of India, you can apply for the entrance exams like Christ University Entrance Test, AMU Entrance Exam, and DUET( Delhi University Entrance Test ), Jamia Millia Islamia Entrance exam. The eligibility criteria I mentioned above will also apply in this way or method.
The below-given subjects you’ll find in the majority of colleges B.com or Bachelor of Commerce program. But I am not saying that these are all you can find in the Bachelor of Commerce program. There can be some minor variations in the list. It will depend from college to college:-
Business System Analysis
Computers & Management of Information Systems
Finance & Financial Markets
Politics & Public Policy
Risk Management/ Financial Risk
Supply Chain Management
As I mentioned previously, that year or semester would depend on the country you choose to pursue your Bachelor of Commerce degree. If you decide to pursue B.com from India, then it would take you 6 semesters or 3 years to complete the B.com Degree. Below I have given the syllabus semester by semester, have a look:-
List of B.com Courses
In B.com or Bachelor of Commerce, there is a wide range of courses that you can choose from. Some are Accountancy, Banking Management, Computer Applications, Hons, IT, etc. Below I have given a list of B.com Courses, have a look:-
- Accounting And Finance
- Banking And Insurance
- Computer Science
- Corporate Secretaryship
- Professional Accounting
- Tourism And Travel Management
Best B.com Colleges In India
- Alagappa University
- Annamalai University
- Bharathiar University
- Christ University, Bangalore
- Delhi University
- Faculty of Management Studies, University of Delhi
- Gujarat University
- Karnataka State Open University
- Lady Shri Ram College for Women, New Delhi
- Madurai Kamaraj University
- Management Development Institute, Gurgaon
- Madras Christian College, Chennai
- Panjab University
- St. Xavier’s College, Kolkata
- Shri Ram College of Commerce, Delhi
- St Josephs College of Commerce Autonomous, Bangalore
- SP Jain Institute of Management & Research, Mumbai
- SVKM’s Narsee Monjee Institute of Management Studies, Mumbai
- Tamil Nadu Open University
- University of Mumbai
Once someone completes their B.com or Bachelor of Commerce degree, they have a wide range of job opportunities. Below I have mentioned almost all jobs and profiles you can apply for:-
- Financial Analyst
- Cost Estimators
- Book Keepers
- Personal Financial Advisors
- Certified Public Accountant
- Investment Banker
- Market Researcher
- Finance Managers
- Marketing Managers
- Teacher/Lecturer Job
- Stock Brokers
- Business Consultants
- Chartered Management Accountant
- Investment Analysts
- Chief Financial Officer
- Human Resource Managers
- Budget Analysts
- Investment Broker
- Business Operation Manager
Honestly speaking, if you have just passed out from a college and you don’t have much experience and knowledge, then you can’t expect to get a 10 lakh annual package.
Also, there are some factors that will decide how much salary you’ll get. Factors such as the college you graduate from, how much knowledge and skill you have, etc.
But if we talk about the average salary of a B.com graduate in India. Then it can be around 3.2 lakh per year. Talking about the minimum you can get is 1.8 to 2 lakh per year package, and a maximum you can get is 4 to 5 lakh per year package.