BCom Course, Eligibility Criteria, Fee, Scope & Admission 2024

The Bachelor of Commerce (BCom) course for 2024 at IMTS Institute offers a comprehensive understanding of commerce, accounting, and financial management, preparing students for various career opportunities. Eligibility criteria include passing 10+2 from a recognized board with a minimum of 50% aggregate marks. The course duration is typically three years, divided into six semesters. Application fees and other details may vary, but an example fee structure includes a yearly tuition fee of around ₹70,000 for students from Karnataka

BCom Course: Bachelor of Commerce

The Bachelor of Commerce (BCom) is a 3-year undergraduate degree program that covers various aspects of business and commerce, including accounting, taxation, economics, and finance.

Eligibility:

• Applicants must have completed 10+2 Min 40% marks for IMTS admission with relevant streams.
• Commerce students are given higher priority.

Fees:

• The average annual fee ranges from INR 10,000 to INR 50,000.

IMTS B.COM Admission Process:

• Merit-Based: Direct admissions are granted based on Class 12 board exam results. Admission lists are prepared after receiving the students’ results.
• Entrance Exams: Some government colleges and universities use entrance exams such as CUET UG, IPU CET, NPAT, and BHU UET for admission. There is no official national entrance test for BCom, but some institutions may have their own tests.

Entrance Exams:

IMTS Institute: IMTS Institute offers university admission without any entrance examination, making it easier for students to enroll.

• CUET UG: Common University Entrance Test for undergraduate programs.
• IPU CET: Indraprastha University Common Entrance Test.
• NPAT: National Test for Programs After Twelfth.
• BHU UET: Banaras Hindu University Undergraduate Entrance Test.

Key Points:

• Eligibility criteria can vary among colleges. Generally, candidates must pass their Class 12 or equivalent exam.
• The required percentage of marks for admission varies. For example, Delhi University has a high cut-off, around 99%, while other universities may require a minimum of 45%.

B.Com Course Admission Latest Update 

IMTS Institute

• Admission Start: IMTS Institute has begun the B.Com course admissions for the 2024 academic year.
• Entrance Exam: No entrance examination required for admission.

Subharti University

• Admission Start: Subharti University has commenced the application process for the B.Com course for the 2024-25 session.

Mangalayatan University

• Admission Start: Mangalayatan University is now accepting applications for its respected B.Com program for the 2024-25 academic session.

B.COM Key Points for All Institutions:

• Eligibility: Applicants must have completed 10+2 with relevant streams (B.Com) and secured at least 40% marks from a recognized board.
• Fees: The average annual fee ranges from INR 10,000 to INR 50,000.
• Admission Basis: Admissions are primarily based on merit, but some institutions may use entrance exams like CUET UG, IPU CET, NPAT, and BHU UET.

BCom Distance Education Latest Update

• SKU University: BCom focuses on  Accounting Principles, Business Law, and Financial Management. Course fee: INR 20,000 per year. Admission till: October 30, 2024.
• NIILM University: BCom program covers Cost Accounting, Corporate Finance, and Taxation. Program  fee: INR 25,000 per year. Admission ending date: October 31, 2024.
• Subharti University: BCom subjects include Business Economics, Marketing, and Corporate Law. Range of the  fee: INR 18,000 per year. Admission closing date: October 30, 2024.
• Mangalayatan University: BCom course offers Auditing, Management Accounting, and Economics. Approx  fee: INR 22,000 per year. Admission due date: October 31, 2024.

B.Com Highlights

What is B.Com Hons?

B.Com Honours is a detailed BCom course where students learn about a specific area of commerce in-depth. The key feature is its comprehensive coverage of a particular specialization like Banking, Finance, Accounting, etc. It provides extensive subject knowledge along with practical learning experience. Since it involves focus and expertise in one domain, it better equips students for further education and jobs related to that specialization. The course duration and fee range are similar to general BCom. B.Com Honours degrees are offered by most top colleges and universities in India across streams like BFSI, Marketing, International Business, etc.

B.Com Program vs B.Com Hons

The major differences between the B.Com Program and B.Com Honours  

BCom Hons provides a detailed study of a chosen specialization

BCom Program gives an overview about fundamentals of all commerce topics

In terms of scope, B.Com Hons gives an edge for domain-specific jobs and higher studies. The course fee for Honours is slightly higher than the general program. However, the duration is the same 3 years for both. Students more clear about their area of interest can opt for B.Com Hons whereas others can go for general program to keep multiple options open. The final placements and job offers may vary between the two.

Types of B.Com Courses

There are several types of BCom programs offered based on the course depth and mode of delivery:

BCom Regular – Full-time offline program with daily lectures

BCom Distance – Self-study correspondence program

BCom Online – E-learning based program with recorded lectures

BCom General – Introductory overview of commerce topics

BCom Honours – In-depth study with specialization

Online B.Com vs Regular B.Com: Which One to Choose?

While online B.Com courses are gaining traction, regular B.Com still dominates in terms of popularity. Some key comparative factors are:

– Regular B.Com has higher course fees ranging from INR 5,000 – 4,00,000 while online B.Com costs INR 20,000 – 1,05,000

– Regular program has fixed rigorous schedules while online program offers flexibility.

– As per UGC guidelines, both hold equal credibility but regular graduates have an edge in placements. 

– Additional costs for travel, accommodation etc. are involved in full-time. Online programs can be pursued from anywhere.

Students should analyze factors like affordability, location accessibility, self-regulation capabilities, career goals, etc. while deciding. Online mode appeals to working professionals and those valuing comfort and flexibility. Regular classroom learning may suit students wanting peer interaction and campus life.

B.Com Specialisations

– Banking

– Finance & Accounting 

– Marketing

– Economics

– Business Studies

– Cost Accountancy

– Office Management

– Insurance

– International Business

The specialised curriculum covers industry-relevant topics around that chosen area aiming to develop sectoral knowledge and practical skills. Students are trained to take up jobs and higher education related to their specialization area.

Career Scope After B.Com

B.Com opens diverse career avenues in areas like Financial Management, Investment Banking, Accounting, Corporate Banking, etc. Common job roles include Accountant (Rs 11 LPA), Tax Consultant (Rs 6 LPA), Financial Analyst (Rs 14 LPA), Stockbroker (Rs 4 LPA) etc. in reputed companies. Higher studies like MCom, MBA are also popular. So BCom develops professional skills leading to bright scope across corporate world including top recruiters and brands.

The fee range varies from INR 5,000-4,00,000 for regular program whereas distance and online BCom costs between INR 4,000-1,05,000. Attendance and rigorous schedules are relaxed in distance and online modes. But the regular program has an edge for placements. Students can choose as per affordability, flexibility needed, and career goals.

Why IMTS Institute is a Great Place for BCom

Here we are talking about IMTS! which is known for its successful educational career, where thousands of students come and complete their education at one time. It was established in 2005 and is located in the vibrant city of Noida.

IMTS Institute aims to empower individuals from all diverse backgrounds to get quality education and accomplish their goals. IMTS offers B.Com course for those students who are working and want to continue their studies to build up their academic careers. The institute provides flexible learning options, a quality curriculum, and an affordable fee structure, as well as helps students to pursue their studies in their comfortable place without attending any regular classes. It makes learning more accessible and easy through online.

Although, IMTS has already changed the student’s academic career of over 55,000 and going ahead on its successful path of education. One of the standout attributes of the institute is its great track record, most students have completed their B.Com course on the first attempt. IMTS Institute follows all the rules and regulations of UGC, to ensure that every single student gets a comprehensive and best learning experience and makes a bright future.

BCom Program at IMTS:

Want to Pursue B.Com?: Just contact IMTS through their website, social media, WhatsApp, or phone. An Expert from IMTS will talk to you to find out what you like and what you want to learn. They’ll help you pick the best program for you.

And here’s the best part: Taking with IMTS is totally free! They don’t charge any money to help you. No matter where you live, they’re there to help you for free online.

Choosing IMTS for your BCom means you’re starting a great adventure. They really care about helping you succeed. So, the best in IMTS most students are working in MNC after finishing their B.Com Course.

What is BCom?

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 B.Com in Statistics, Accounts and Finance, Accounting, E-Commerce, etc. The starting fee for the Bachelor of Commerce (B.Com) program 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 BCom, 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 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 BCom course.

Admission to various colleges in India for BCom 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.

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 BCom 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. 

BCom integrated courses are also offered in some institutes, such as B.Com with M.Com is popular these days. 

Why Study a B.Com after 12th?

Unlike other Bachelor courses, a BCom 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 BCom 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.

Who Should Pursue BCom?

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 enroll in this program.

BCom 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 BCom?

It is very important to choose your bachelor’s degree program at the right time. In the case of the BCom 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. 

Full-Time BCom Course

BCom Full-time is a type of UG 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 BCom degrees can be pursued in B.Com General and B.Com Honors. The main distinction between B.Com General and BCom 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

Part-time BCom 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 provides students with equal opportunities for work.

Online BCom Course

Nowadays, it is very common for students in India to enroll in online BCom 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 BCom 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.

Trending Distance Courses

BCom Admission 2024

The Bachelor of Commerce (BCom) is a 3-year undergraduate Course focused on areas like accounting, economics, finance, taxation, marketing, and management. It aims to provide strong theoretical and practical knowledge about various aspects of trade, business, and management.

The course is offered in varied modes: full-time regular mode, part-time, distance learning, and online mode. Students can pursue general Courses or specialised honours courses in domains like banking, insurance, international business, etc.

The fee ranges from Rs 5,000 to Rs 25000 lakhs for certain private institutions.

Eligibility requires passing 12th grade from any stream with a minimum of 40% marks. Admissions direct in imts. The course covers topics like financial accounting, business mathematics, economics, computer applications, commerce laws, etc. over six semesters.  

After completion, students can either opt for higher studies like MCom, MBA, etc. or take up relevant jobs such as tax consultant, business analyst, accountant, investment banking roles, financial advisor, etc. in reputed private companies or public sector banks. The average starting salary package ranges between Rs 3 and 15 lakhs per annum based on qualifications, skills, and experience.

B.Com Eligibility Criteria

BCom 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 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 14,000 and can be seen to amount to INR 80,000. Applicants can pay the course fee semester-wise.

BCom 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 B.Com is narrated in the upcoming sections.

List of BCom Courses

B.Com in Business Economics: Focuses on economic analysis of business phenomena. Graduates receive a BBA degree and can work as Economic Analysts, Financial Analysts, Public Policy Researchers.

B.Com in Economics: Covers micro/macroeconomics, labor economics, managerial economics etc. Graduates can work in finance, banking, accounting sectors.

B.Com in Banking and Finance: Emphasizes financial management, banking operations, investment analysis, risk management. Careers in banking, financial firms, investment companies.

B.Com in Banking Management: Focuses on banking operations, financial services, risk assessment, regulatory compliance. Careers as Bank Managers, Loan Officers, Financial Analysts.

B.Com in Corporate Secretaryship: Involves studying corporate laws, governance, compliance regulations, secretarial functions. Careers as Corporate Secretaries, Compliance Officers.

B.Com in Marketing: Covers marketing strategies, consumer behavior, advertising, market research. Careers in marketing agencies, corporate marketing.

B.Com in Insurance Management: Covers insurance principles, risk management, underwriting, claims processing. Careers in insurance companies, brokerage firms, risk management roles.

B.Com in Banking and Insurance: Combines banking operations and insurance principles. Careers in banks, insurance firms, financial institutions.

B.Com in Accounting and Finance: Integrates accounting with financial management concepts like analysis, budgeting, investments. Careers as Financial Analysts, Investment Bankers, Finance Managers.

B.Com in Accounting: Focuses solely on accounting principles, financial reporting, taxation laws. Careers as Accountants, Tax Consultants, Financial Planners.

B.Com in Business Administration: Covers marketing, HR, operations, strategic planning. Careers as Business Analysts, Operations Managers, Marketing Executives.

In summary, B.Com offers a wide array of specialization options to equip students with sector-specific knowledge and skills for building careers in the commerce and financial domains.

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 B.Com 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 B.Com in Marketing course, one should have completed the 10+2 class from the well-known board. A minimum percentage of 40% 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 B.Com 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.

BCom Entrance Exam 2024

For BCom 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 B.Com Course. It is a computer-based MCQ test accepted by top BCom 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. 

AIMA UGAT: The All India Management Association conducts the UGAT entrance exam every year to provide BCom entries. 

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 BCom and other courses. 

BCom Entrance Exam Syllabus

The syllabus for BCom 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.

BCom 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 3 years. Distance B.Com 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. 

B.com in West Bengal: B.Com admissions require 12th grade completion with commerce subjects. Top colleges like Brainware University offer robust education and placements, making the state a preferred destination.

B.com in Madhya Pradesh: Institutions like SAGE University offer B.Com programs with admission based on 12th grade marks or entrance exams. The state provides diverse opportunities at variable fee structures.

B.com in Tamil Nadu: Prestigious colleges offer B.Com programs, requiring 12th grade completion with commerce subjects. The state is renowned for comprehensive education and strong placement records.

B.com in Rajasthan: B.Com admissions require 12th grade completion, with some colleges conducting entrance exams. The state offers a balanced mix of traditional and modern commerce education.

B.com in Karnataka: Colleges require 12th grade completion for B.Com admissions based on merit or entrance exams. The state provides quality education and excellent placement opportunities.

B.com in Gujarat: B.Com courses offered have admission based on 12th grade performance. The state blends traditional and contemporary commerce education.

B.com in Andhra Pradesh: Numerous colleges offer comprehensive B.Com courses, emphasizing theoretical and practical learning.

B.com in Odisha: B.Com programs focus on foundational knowledge and skill development, preparing students for commerce careers.

B.com in Telangana: Esteemed institutions offer industry-relevant B.Com courses focused on modern commerce education.

B.com in Kerala: Institutions provide B.Com courses emphasizing theoretical knowledge and practical application for commerce fields.

B.com in Jharkhand: Colleges offer B.Com programs to equip students with essential commerce skills and knowledge.

B.com in Assam: Colleges provide foundational B.Com courses to prepare students for diverse commerce sector careers.

Distance BCom Admission Process

The admission process for Distance BCom 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.

BCom Syllabus

The BCom 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 BCom curriculum taught in person. It is the same as the B.Com Regular curriculum, but in BCom 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

Candidates who pass the B.Com 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 B.Com 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.

What is the difference between b.com in accounting and b.com in accounting and finance?

B.Com in Accounting provides broad-based business education while B.Com in Accounting and Finance offers deeper specialization in these areas, making it more suitable for specific career paths.

 FAQs of BCom 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.

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