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

B.Com Course: Bachelor of Commerce is abbreviated as B.Com. Admission to this program is open to students who have completed their 12th-grade education with a commerce stream. A B.Com Course is a 3-year professional undergraduate Programme, that can be pursued by students who have already earned their 10+2 in the commerce stream from a recognized board.

Applicants for admission to the B.Com Course are based on their merit or their scores on the entrance exam. There are some schools that require students to take the IPU CET, NPAT, SUAT, etc. In general, the fees for a BCom program range from INR 7,000 to INR 28,300.

BCom Course Admission Updates:

• BCom Admission is started at IMTS Institute, Students can apply online. All candidates must submit their application form before the last date to be considered for admission.

It is the objective of this degree to provide students with the managerial skills they will need in certain fields of business. Over the course of three years, students study business management, accounting, finance, actuarial studies, and economics as part of the Bachelor of Commerce degree program. The course is available in different modes also like online, distance, part-time & traditional regular. 

A few top B.Com colleges accept students based on their academic performance and entrance exam scores, including St Stephen, Hindu, Shri Ram, Ramjas, and a few others. A student’s merit will be determined by the results of the entrance exam. In addition to the DUET, BHU UET, NPAT, and IPU CET, there are many entrance exams for B.Com students that you need to prepare for.

B.Com Course Highlights

Why Study B.Com 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 50,000+ 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.

Eligibility:

B.Com Course is a three-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. 

Fee:

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 7000 and can be seen to amount to INR 28,300. Applicants can pay the course fee semester-wise.

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 counselors 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 B.Com Course?

Bachelor of Commerce (B.Com) is a bachelor’s degree program in business. The curriculum provides students with management experience in accounting, administration, finance, and taxation.

B.Com Course is a popular programme for students in India, and it has become a lot more popular. They can be hired by different businesses to keep track of their funds. They try to stabilize the financial position by monitoring the shifting financial scenarios. Banks and other financial institutions value and hire B.Com graduates.

B.Com Course Details

• B.Com is also available in distance & online learning mode, 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 B.Com course admission.
• Hansraj College, Loyola College, Hindu Colleges, Shri Ram College of Commerce, and others are among the top B.Com colleges in India.
• Admission to various colleges of India for B.Com course 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, NPAT, IPU CET, BHU UET, and others.
• After completing this degree, one can move to an insurance consultant, auditor, tax consultant, lecturer, stockbroker, and soon. 
• After graduating from the university, graduates have expected job positions ranging from INR 2,50,000 to 4,00,000 per year.
• 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.
• B.Com courses typically cost between INR 7,000 to INR 28,300.

Why Study 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.

About INR2.5 to INR 4 LPA is the average annual salary of such graduates from BCom course. The wage at the basic level of joining is about INR 2 to INR 3 LPA. A B.Com degree provides you with the great opportunity of studying 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.

Who Should Pursue B.Com Course?

It is important to choose a degree program that is right for you to ensure success. Therefore, students who are passionate about B.Com should choose this degree program. This program is perfect for students who want to develop their management skills and build a bright career in commerce.

B.Com will teach you the fundamentals of the M.Com training program, forming 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 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 enrol 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. 

Some of the job options for people who have a B.Com Degree

Trending Online Courses in India 2023

• B.Com [Hons] is the only course that gives you skills in all areas of commerce and accounting, and it will help you get a job in a bank or an office that deals with finance and taxation.
• Graduates of BCom can work for banks as customer service officers, relationship managers, cashiers, and other jobs, such as cashiers.
• B.Com graduates also work in trading establishments as trade assistants, clerks, and other jobs, like this one.
• B.Com If you want to work in finance, you can also go to school for a regular MBA after you get your bachelor’s degree in business. You can work in accounting, auditing, cost accounting, and more.

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 sort of B.Com Degree program that includes the main topic. The field of commerce deals with financial management, economics, taxation, accounting, and so on. The majority of individuals apply for accounting majors. The full-time B.om degree program takes three years to complete.

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

India has a good number of institutes that are offering B.Com in part-time mode. This is due to the fact that many students are not able to be enrolled in regular programs. There are many financial and other reasons why students join part-time jobs to manage their living, in such circumstances part-time courses are ideal for them.

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. An average tuition fee for an online Bachelor of Commerce degree program ranges from about INR 11000 to INR 20000.

Trending Distance Courses:

B.Com Course Admission 2023

The B.Com admission 2023 is going to be started in the February or March of the year 2023. Applicants will submit their applications using the institution’s online website.

If any students want to apply in the offline mode can send the application form along with the required documents to the registrar’s office of the university. All the documents must be verified and attested.

After application, students will appear in the entrance examination. Those who qualify will also appear in the counseling and group discussion round. Desired candidates must qualify for the admission test with enough marks. The merit of students is also based on their score in the last examination of the 12th class.

B.Com Course Admission Process 2023

• Based on the type of institute, the admission process for the B.Com course varies all over the nation. Some institutes accept the score of national-level entrance exams, some grant Admission through state-level exams, and some through their university-level entrance examination.
• Direct Admission into BCom Course is also available at some institutes, where students do not have to take an entrance exam. Admission is granted based on students’ 12th-grade scores. Upon receiving student applications, such universities issue a list of selected students.
• Many universities accept the score of both the university or state-level entrance exams. Delhi University is one of such institute, and it accepts the score of entrance exams such as BHU UET, CUET, IPU CET, DUET, and others.
• In merit or entrance exam-based admission, students must have a minimum qualified percentage of 45% in the 10+2 level. 

B.Com Course Entrance Exam 2023

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

• 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.
• CUET: Common Universities Entrance Test is conducted at the national level to get into the Bachelor of Commerce program. This BCom Entrance Exam is accepted at various top Universities & colleges in India.
• NPAT: This is a university-level entrance exam to provide Admission to the Narsee Monjee Institute of Management Studies. The applications for NPAT will be starting in February 2023.
• 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: Sharda University conducts SUAT every year, and the university will start the applications in February 2023.

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 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 BCom course. 

Distance B.Com Admission Process

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

One should complete the 12th-level education from an authorized institute. Students must have the 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.

Scope of BCom Course

There is broad scope of 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. The average salary after completion of the B.Com course can be around INR 3.25 LPA to INR 8.65 LPA.

B.Com Course Syllabus

There are a lot of different core subjects in the B.Com course  Syllabus, like economics, financial law, accounting, and more. There are six semesters in the programme, and each semester lasts for six months. Basic and optional studies are part of the course. Candidates can choose from a list of 5-7 subjects that can be chosen when they apply for it.

The B.Com online curriculum is very similar to the B.Com curriculum that is 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.

B.Com Colleges in Delhi

There are almost 291 top B.Com colleges in Delhi that include both private and public colleges. Some top B.com colleges in Delhi are Shri Ram College of Commerce, LSR College for Women, and Hindu College. There is a varying fee in various colleges; its range starts from INR 12000 and ends up to INR 210000.

B.Com Colleges in Mumbai

In Mumbai, some of India’s top B.Com degree colleges are offering education to thousands of students. Almost 101 best B.Com institutes are in Mumbai. These include the ST. Xavier’s College, Narsee Monjee College of C&E, HR College of Commerce, KJ Somaiya College of Arts and Commerce.

B.Com Colleges in Bangalore

There are 199 B.Com colleges in Bangalore, including 177 private and 22 public colleges. All of these colleges are approved by UGC. The annual course fee in B.Com Colleges in Bangalore is INR 70000 to INR 245000. The colleges or universities’ names are Christ University, Jain University, Mount Carmel College, and soon. 

B.Com Colleges in Hyderabad

In Hyderabad, almost 68 top B.COm colleges exist as per the current data. These include 59 private colleges and nine other public colleges offering B.Com. Indian Institute of Management and Commerce, Osmania University College for Women, ST. Joseph Degree and PG College, and many others. The annual course fee of B.Com in Hyderabad colleges ranges from INR 11000 to INR 150000 LPA.