B.Com Course: Full Form, Eligibility Criteria, Fee, Scope & Admission 2023

B.Com Course: The full name for the course is Bachelor of Commerce (BCom), and it continues for for three years. BCom admission required a class 12 with min 45% pass in any subject and entrance examinations or direct admission. NIILM University Offer top BCom courses. The average BCom programme fee is INR 20,000–INR 65,000. After the course, alumni might earn INR 20,000–45,000 per month. WC University, SKU University, and NIILM University provide BCom courses with distance and online options, giving students flexibility, The course is fascinating for students who wish to pursue and grow their understanding with the goal of attaining expertise in specific fields such as financial accounting, business law, business mathematics, business organization and management, and so forth. The Bachelor of Commerce (BCom) is a three-year undergraduate degree focusing on key aspects of, such as economics, commerce and finance, business law, accountancy, taxation, and financing. It’s a comprehensive program for those interested in the commercial and financial sectors, providing a strong foundation for various professional careers.

• Eligibility: To step into the world of BCom, you need to have completed your 10+2, preferably with a commerce background. Most colleges require a minimum of 50% marks. Having studied subjects like mathematics, statistics, or economics in your 12th is an added advantage.
• Fees: Planning your finances for a BCom degree? The average fees range from INR 20,000 to INR 65,000.
• Entrance: BCom program can be through direct admission or entrance exams. Delhi University, for instance, uses the CUET for BCom admissions. Entrance exams are a common route for many top colleges, assessing candidates’ aptitude for commerce subjects.
• Subjects: BCom curriculum covers a wide array of subjects, providing a well-rounded education in commerce. It prepares students for diverse roles in the business and financial world.
• Last Date for Admission: June 2024, but this can vary between University.
• Career Prospects and Salary: BCom graduates can pursue lucrative careers as Tax Consultants, Stock Brokers, Accountants, and Insurance Consultants, with an average starting salary ranging from INR 3 LPA to 7 LPA. Further professional qualifications like CA, CS, CMA, or CFA can boost the starting salary to between INR 5 LPA and 10 LPA.

B.Com Course Headline 

Latest Updates for BCom Course

• Mangalayatan University: The deadline for applications for the BCom Course for the 2023-24 session has been extended until December 25, 2023. Head to the institute’s website and secure your spot. Limited seats are available, so don’t miss this opportunity.
• Sri Krishna University: Bachelors of Commerce degree are wide open at Sri Krishna University! apply before the extended deadline of November 30, 2023. Your journey towards building a solid foundation in business and finance begins here!
• NIILM University: NIILM University is thrilled to announce the launch of its BCom program. You’ve got until November 25, 2023, to submit your application and dive into the realms of commerce, economics, and business management.
  

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A BCom degree program is available in distance, online, and regular learning modes. Due to the availability of all three modes of learning, students can pick any based on their preference. The cost of online and regular learning modes for a BCom degree is higher if compared to distance learning. Fees for the BCom degree program range from INR 8,000 to INR 15,000 per year.

You can only pave the way for admission to a bachelor of commerce degree program if you pass 12th grade in commerce or a related field. The following sections of the article will contain detailed information, i.e., admission requirements, exact cost, admissions procedure, and more. 

B.Com course salary varies on various factors such as location, Job, experience, and more. However, to get an idea, the fees start from Rs 3 lakhs and go up to 9 lakhs. Students need to comprehend that the Salary of the BCom course can be less or more. There are multiple jobs available after completing the BCom course, such as Accountant, Logistics Manager, Marketing Manager, Finance manager, etc. 

Eligibility Criteria: Students must have passed their 12th-level examinations to be eligible for admission to a B.Com degree program. If a student has studied mathematics at the qualifying level, they can apply for the B.Com course. Admission requirements may vary from institution to institution, ranging from 35 to 50 per cent.

Fee Structure: A Bachelor of Commerce degree generally Fee Cost between INR 8,000 and INR 15,000 at reputable universities. The fee structure may differ depending on the mode of learning, including regular, online, or distance education. Distance learning and online courses are generally more affordable than classroom-based courses.

Entrance examinations: Most private and regular universities in India offer B.Com degree programs based on entrance examinations. The universities either conduct or approve entrance examinations to shortlist candidates for admission, such as CUET UG, CUSAT, NIFT, and NPAT.

IMTS Institute offers a B.Com degree program in both distance and online learning modes without any entrance exams. Admissions are currently ongoing. Interested students should contact the Institute for more information. 

Admission Process Of IMTS for Distance/Online Learning Mode of Education

Applicants may easily be able to reserve a seat for the B.Com degree program at IMTS Institute in distance learning or online education mode. Those who are curious to enroll for the BCom course must follow the given admission process for the IMTS Institutes.

• Students need to visit the IMTS Institute official website, “https://imtsinstitute.com/.”
• Then, you need to fill out the registration form with the correct information.
• Press the submit button to get a call from a subject specialist.
• Students have the choice to select online or offline counseling as well as the date.
• It is suggested to share true basic information with the helping counsellor.
• Based on the academic/personal information shared, students would be advised on the best possible option for BCom universities.
• IMTS Institute will not ask any amount for counseling and help for admission.
• Students can either visit the suggested university and pay fees or take assistance from IMTS Institute in doing the same.
• Admitted students can contact the IMTS Helpdesk number 92 10 98 98 98– during serving days from 10 am to 7 pm.

 Do not hesitate to contact us. Just ping us, and we will get back to you.

Why Study a B.Com Course From IMTS Institute?

The IMTS Institute was established in 2005 with the goal of educating people who lack financial support and are unable to achieve success. The 17 years of history achieved some goals by making over 55,000+ students stand tall on their feet with a rich career sitting alongside them.

The Institute has never seen a decrease in the passing percentage of 99. IMTS adheres to all rules and regulations made for the educational stream by the bodies of this stream. IMTS was established to help a group of people who need sincere advice to attain academic achievement and a promising future.

The institute is offering the B.Com course in distance mode. It is more beneficial for working professionals or students who want to complete their UG degree without attending classes in regular mode. IMTS Institute plays a significant role in fulfilling the requirements of students according to their needs. 

Bcom Course Admission Process:

Applicants can give us the opportunity to serve by pinging through any of the options amongst websites, social media, WhatsApp, or contact numbers. One of our experienced counsellors will reach out to you for the problem you are facing related to future academic programs, and admission.

We’ll try to find out some information about your academic background so that we can provide comprehensive support. The best college and program would be suggested on this behalf. IMTS does not collect any registration or support-related fees from any candidate, although it provides support to candidates free of cost in any region of the country.

What is a B.Com Course?

BCom course full form is Bachelor’s of Commerce, and It is a bachelor’s level academic degree. The basic duration of the BCom course is three years in India. This course has multiple specializations, such as BCom in Statistics, Accounts and Finance, Accounting, E-Commerce, etc. The starting fee for the Bachelor of Commerce (BCom) programme ranges from Rs 10,000/- to Rs 30,000/- per year. The fees depend on the university to the university. 

By keeping an eye on the various financial projections, they work to maintain a steady financial status. During B.Com, you will study Financial Accounting, microeconomics, Business Law, and Business Statistics, while in B.Com Hons., you will study more in-depth subjects. Bachelor of Commerce degree holders are highly sought after by banks and other financial institutions.

B.Com Course Details Key Features

• The Bachelor of Commerce program is also available in distance & online learning modes, allowing learners to achieve their studies from the convenience of their dwellings.
• Candidates must take the 12th class exam in any discipline with a valid percentage of 35 or above to be eligible for the B.Com course.
• Admission to various colleges in India for B.Com courses is based on the previous merit and the score of students obtained in the entrance exam.
• The most common and popular B.Com entrance exams in India are CUET UG, NPAT, IPU CET, BHU UET, and others.
• B.Com courses typically cost between INR 8,000 to INR 15,000.
• Hansraj College, Loyola College, Hindu Colleges, Shri Ram College of Commerce, and others are among the top B.Com colleges in India.
• After completing this degree, one can move to an insurance consultant, auditor, tax consultant, lecturer, stockbroker, and soon. 
• After graduating from the B.Com course, graduates can expect annual earnings of INR 3,10,000 to INR 7,50,000.
• Graduates can also continue their education by enrolling in MBA, CA, M.Com, and similar programs. 
• B.Com integrated courses are also offered in some institutes, such as B.Com with M.Com is popular these days. 

Why Study a B.Com Course after 12th?

Unlike other Bachelor courses, a B.Com degree equips individuals for both the corporate sector and entrepreneurship. The program offers financial and commercial skills necessary for success in the modern workplace.

Graduates holding a B.Com degree can find a job in a range of industries, including budget planning, accounting firms, capital management, investment banking, Banks, and so on.

A B.Com course graduate can earn an average annual salary of INR 3.1 to INR 7.5 LPA at the basic level of joining. A B.Com degree provides you with a great opportunity to study higher-level studies like MBA, CA, CMA, CS, and others to improve your skills and expertise. With these degrees, one can get promotions in their job hierarchy.

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Who Should Pursue a B.Com Course?

If you want to achieve success in your career, you must choose the right degree program for you. The bachelor of Commerce degree program is therefore recommended for students who possess a passion for business. Students who want to develop their management skills and build a bright career in commerce should enrol in this program.

B.Com will teach you the fundamentals of the M.Com training program, making it an excellent option for M.Com students. In recent years, the need for B.Com graduates has rapidly increased, so those willing to join public and private sectors related to commerce must join this program.

When to Pursue a B.Com Course?

It is very important to choose your bachelor’s degree program at the right time. In the case of the B.Com degree, the right time to enroll in this course is just after completing the 12th class.

After completing their higher school degrees, students are suggested to choose B.Com as their path to move for a successful career in the field of commerce. Those students who start working after 10+2 can also join their degrees at this perfect time in the part-time mode. 

Jobs After B.Com Course

Types of B.Com Course

B.Com programs are divided into several categories, and 38 different specialization courses are available throughout India. Students who have finished the 12th grade are qualified for any of these courses and can be enrolled at any associated campuses throughout India.

Full-Time B.Com Course

B.Com Full-time is a type of B.Com Degree program that includes the main topic. Finance, economics, taxation, and accounting are all included in the field of commerce. Majors in accounting are the most popular among applicants. Three years is the length of the full-time B.om degree program.

The full-time B.Com degrees can be pursued in B.Com General and B.Com Honors. The main distinction between B.Com General and B.Com Honors is in the course content and nomenclature.

Many individuals decide to seek the B.Com Honors degree because it assists them to qualify for certification tests, including the Chartered Accountancy (CA) and other qualifications concurrently or later.

Part-Time B.Com Course

Part-time B.Com programs are offered by a number of institutions in India. Due to the fact that many students are unable to enroll in regular programs, this occurs. Managing their living through part-time jobs can be difficult for students for many reasons, which is why part-time courses are perfect for them in such circumstances.

These types of courses take less time; thus, students can join the class and attend the workplace. Another facility that is provided by this course is its cost, which is affordable for such students. Completing degrees in part-time mode provide students with equal opportunities for work.

Online B.Com Course

Nowadays, it is very common for students in India to enroll in online B.Com courses. The course is designed to be completed over the course of three years. In this online degree program, students will be able to gain knowledge about Accounting, Business Law, Corporate and Financial Accounting, Business Communication, and so much more.

The online B.Com degree is an excellent option for students who are not able to pursue a full-time B.Com degree due to time constraints and a variety of financial constraints. It is worth noting that the tuition fees for B.Com online courses are much lower than those for regular B.Com courses. The average tuition fee for an online Bachelor of Commerce degree program ranges from about INR 11,000 to INR 20,000.

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B.Com Course Admission 2023

BCom Courses admission is ongoing at a variety of UGC-Approved Universities or colleges for the 2023 session. Applicants who are desirable to pursue BCom courses can apply for admission to IMTS Institute, NILM University, SKU, Mangalayatan University, Subharti University, WC University, and many more universities that accept applications for the BCom programs.

The admission gates of the above-mentioned universities will soon close, so it is suggested that admission-seeking students submit applications as soon as possible so as not to let this chance slip away for BCom program entry.

Candidates have to follow a largely online mode to submit applications for admission because most universities, in the process of avoiding the offline queue, like to accept applications digitally. The application fee for online and offline modes at the BCom degree program ranges from 300 Indian rupees to 1,500 Indian rupees at private and government universities and colleges.

Admission to the BCom undergraduate degree program at any UGC-recognized university is offered after one of two values: academic merit or entrance test-affected merit. A detailed description of BCom eligibility criteria can be found in the article ahead.

BCom Course Eligibility Criteria

B.Com Course is a 3-year degree program that focuses on commerce, and it is offered both online and through distance education methods. As a student, you will need to pass the senior secondary examination or its equivalent from an authorized and respected board in India in order to get admission to the undergraduate degree program in B.Com. 

BCom Course Fees

The fees for a bachelor’s degree in commerce do not remain the same at every university affiliated with UGC. The fee for the B.Com Course starts from INR 8000 and can be seen to amount to INR 15,000. Applicants can pay the course fee semester-wise.

BCom Course Specializations

The BCom degree program has numerous specializations, including marketing, accounting, finance, financial accounting, international business, E-commerce, and so on. The description of the variants mentioned above of BCom is narrated in the upcoming sections.

List of BCom Courses

• BCom in Business Economics
• BCom in Economics
• BCom in Banking and Finance
• BCom in Banking Management
• BCom in Applied Economics
• BCom in Corporate Secretaryship
• BCom in Marketing
• BCom in Accountancy
• BCom in Insurance Management
• BCom in Banking and Insurance
• BCom in Accounting and Finance
• BCom in Accounting
• BCom in Business Administration
• BCom in Finance
• BCom in Computer Applications

BCom in Computer Applications

Bachelor of Commerce in Computer Applications is available for admission at different top colleges in India. This 3-year-long course includes different topics in commerce & computer field. The fee of a BCom in Computer Applications course varies as per the college. Top BCom colleges in Computer Applications in India are Loyola College, Telangana Mahila University & more.

BCom in Marketing

The BCom in Marketing is a study of business mathematics and statistics, international business, consumer behavior, retail management, product and pricing management, and so on. In order to get admission for the BCom in Marketing course, one should have completed the 10+2 class from the well-known board. A minimum percentage of 45% is required for the course.

The duration of the programme is 3 years, and the fees start from Rs 10,000/- to Rs 25,000/-. The BCom degree program in marketing can be studied at Rajagin College of Management and Applied Science, Reva University, etc.

BCom in Accounting

The BCom in Accounting is a course on accounting, financial systems, financial accounting, company law, and so on. The six-semester program of BCom in Accounting is available for education at KPB Hinduja College of Commerce, Kumaraguru College of Liberal Arts and Science, SDNB Vaishnav College of Women, etc. The fee for the BCom in Accounting degree program may range from INR 11,000 to 24,000 Indian rupees.

B.Com Course Entrance Exam 2023

For B.Com course Admission, various entrance examinations are held at the country, state, and university/institutional levels.

• CUET UG: Common Universities Entrance Test or CUET UG is a national-level test conducted by NTA to get into the BCom Course. It is a computer-based MCQ test accepted by top B.Com colleges & universities in India.
• IPU CET: IPU CET is a college exam for UG and PG courses in Commerce and other fields of study. The IPU CET exam pattern consists of Language Comprehension, DI, GA, and Logical Reasoning. The IPU CET test has a total of 150 MCQs.
• NPAT: This is a university-level entrance exam to provide Admission to the Narsee Monjee Institute of Management Studies. The applications for NPAT start in February month.
• AIMA UGAT: The All India Management Association conducts the UGAT entrance exam every year to provide B.Com entries. In January 2023, students will be able to apply for the AIMA UGAT.
• BHU UET: Students who want to take Admission for B.Com at Banaras Hindu University. This test contains a total of 150 questions, and then the given time is 120 minutes.
• SUAT: It is a university-specific entrance test conducted by Sharda University every year for admission to its B.Com and other courses. The application process for SUAT starts in February.

B.Com Entrance Exam Syllabus

The syllabus for B.Com course entrance is almost the same in all kinds of national, state, or institute-level entrance examinations. Generally, the subjects on which the entrance exam paper is based are Accountancy, Verbal Reasoning, Mathematics, Current Affairs, Basic Computer Questioning, and Business Studies. The paper consists of questions in the form of MCQs.

B.Com Course Distance Education

Bachelor of Commerce or BCom via distance learning is available in many institutes in India. This course in distance mode is offered for a duration of 3 years. Distance BCom works well for candidates who are working professionals and want to study while earning money. There is no entrance exam conduction, which will be a plus point for students interested in studying Distance BCom courses. 

Distance B.Com Admission Process

The admission process for Distance B.Com courses can vary based on institutes, but it’s most common in many colleges. The eligibility criteria that most distance colleges follow are given as:

One should complete the 12th-level education from an authorized institute. Students must have documents like a 12th mark sheet, pass certificate, age relaxation certificate, passport size photographs, and any other required. There are no age limit criteria to be enrolled in a distance program.

B.Com Course Syllabus

The B.Com course syllabus consists of many different core subjects, such as economics, financial law, accounting, and more. Six semesters are included in the program; each semester lasts six months. There are basic and optional studies included in the course. Applicants can choose from a list of 5-7 subjects when applying for the program.

The B.Com online curriculum is very similar to the B.Com curriculum taught in person. It is the same as the B.Com Regular curriculum, but in B.Com Honors, candidates can choose to focus on one subject, with the whole curriculum focusing on their skills, so they can learn more about that subject.

Scope of BCom Course

Candidates who pass the BCom degree program from recognized universities, colleges, or institutions are eligible to find employment possibilities in one of the following fields; accounting & auditing, finance, taxation, management, and so on. 

There is a broad scope of the BCom Course. Many students, after completing the program, can opt for government jobs. There are various scope options in which students can aspire for the job once they have passed the B.Com course, such as the Finance sector, Management sector, marketing, accounting sector, etc.

Students after passing a BCom degree may also have the opportunity to standardize their academic profile by adding an advanced course in the related discipline. The higher you go in commerce education, the better options you may find in the professional sphere.

BCom Course Salary

Candidates after having a BCom degree work as a tax consultant, financial analyst, auditor, human resource executive, accountant, banker, etc. In the above-mentioned roles, if a BCom degree-based professional is recruited, his or her average salary package is estimated to be in the range of INR 3.1 – INR 7.5 lakhs per annum.

FAQs of BA Course

Question: What are the subjects in BCom?

Answer: The main subjects in the B.Com course are Accountancy, Business Studies, Organizational Behaviour, Marketing, Economics, Mathematics, and others.