Bachelor of Commerce (BCom) is India's third most desired course. It is a three years undergraduate degree recognized by the Universities Grants Commission (UGC) of India.
This course is designed in a way that teaches students about managerial skills and helps them understand finance, accounting, taxation and management etc.
Bachelor of Commerce in India covers knowledge about Accounting, Business, Management, Finance and Banking.
India offers many employment opportunities to a BCom degree holder. A Bachelor of Commerce degree holder with marketing and management specialization earns an average salary of INR 3.57 Lakhs per year.
Bachelor of Commerce in India offers various specializations, they are-
- Accounting
- Finance
- Financial Planning and Analysis
- International Business
- Sales and Marketing
- Corporate Banking
- Financial Modelling
- International Accounting
- Investment Operations
- Risk Management
Why study Bachelor of Commerce in India?
- BCom in India offers knowledge about managerial skills needed in any field.
- This course is a foundation for different professional courses like- MBA, CA, CS, etc.
- Since it deals with subjects like Accounting, Costing, Taxation, Law, Marketing, Economics, Management and Business, it opens the scope for a promising career.
- Any postgraduate after BCom is valuable for any career.
Eligibility
- Completed the 10+ 2 Courses or its equivalent
- At least 60% marks in the 12th standard
- Pass an entrance exam( in case it's needed)
Entrance Exam for Bachelor of Commerce in India
The Entrance Exam is divided into 3 sections, namely-
- Verbal Ability: This section contains comprehension reading, critical reasoning vocabulary etc. One should read as much as possible for preparation.
- Reasoning Ability: practice previous years' questions as much as possible.
- Quantitative Aptitude: This section contains mathematics-related questions like- Geometry, Mensuration, Probability, Progressions, Matrices, Permutations & Combinations. Questions come from the course you have already studied.
Below is the list of Entrance Exam for the Bachelor of Commerce in India
|
Exam Name |
Conducted By |
|
CA Common Proficiency Test(CPT) |
Institute of Chartered Accountants in India (ICAI) |
|
St Xavier Entrance Test |
St Xavier, Mumbai |
|
Company Secretary Executive Entrance Exam (CSEET) |
Institute of Company Secretaries in India (ICSI) |
|
NMIMS – NPAT |
Narsee Monjee Institute of Management Studies (NMIMS) |
|
SET |
Symbiosis University |
|
DU JAT |
National Testing Agency |
|
IPMAT |
Indian Institute of Management Indore |
|
ACET |
Institute of Actuaries of India (IAI ) |
|
Talk to an ExpertBachelor of Commerce in India: Top Colleges
Following are the top 10 institutes providing BCom in India (based on NIRF 2023)
|
Rank |
College Name |
Location |
|
1 |
Indian Institute of Management Ahmedabad |
Ahmedabad, Gujarat |
|
2 |
Indian Institute of Management Bangalore |
Bengaluru, Karnataka |
|
3 |
Indian Institute of Management Calcutta |
Kolkata, West Bengal |
|
4 |
Indian Institute of Management Lucknow |
Lucknow, Uttar Pradesh |
|
5 |
Indian Institute of Technology Kharagpur |
Kharagpur, West Bengal |
|
6 |
Indian Institute of Management Kozhikode |
Kozhikode, Kerala |
|
7 |
Indian Institute of Management Indore |
Indore, Madhya Pradesh |
|
8 |
Indian Institute of Technology Delhi |
New Delhi, Delhi |
|
9 |
Xavier Labour Relations Institute (XLRI) |
Jamshedpur, Jharkhand |
|
10 |
Management Development Institute |
Gurugram, Haryana |
Private Colleges Offering BCom in India
- Christ University, Bangalore
- LPU - Lovely Professional University, Jalandhar
- St. Xavier’s College, Kolkata
- Amity University, Noida
- SJES College of Management Studies, Bangalore
- Amrut Mody School of Management, Ahmedabad
- Stella Maris College, Chennai
- VIT University, Vellore
Government Colleges Offering BCom in India
- Shri Ram College of Commerce (SRCC), Delhi
- Hindu College, Delhi
- BHU - Banaras Hindu University, Varanasi
- DU - Delhi University, Delhi
- Ramjas College, Delhi
- MCC - Madras Christian College, Chennai
- University of Mumbai
- Lucknow University, Lucknow
- Lady Shri Ram College for Women, Delhi
- Kirori Mal College - KMC, Delhi
- PSG College of Arts and Science - PSGCAS, Coimbatore
Popular Colleges with Fees: Bachelor of Commerce in India
|
College Name |
Course Offered |
Fees (INR) |
|
Ahmedabad University, Gujarat, India |
B.Com. |
2,50,000 Per Year |
|
VIT University, Vellore |
B.Com. |
1,25,000 Per year |
|
SJES College of Management Studies, Bangalore |
B.Com. |
1,10,000 Per year |
|
Shri Ram College of Commerce (SRCC), Delhi |
B.Com. |
1.6 Lakhs Per Year |
|
PSG College of Arts and Science, Coimbatore |
B.Com. |
56,850 Per Year |
|
Lady Shri Ram College for Women, Delhi |
B.Com. |
61,110 Per Year |
|
Lucknow University, Lucknow |
B.Com. |
52,160 Per year |
|
Ramjas College, Delhi |
B.Com. |
43,485 Per Year |
Career Prospects for Bachelor of Commerce in India
B.Com graduates have plenty of career options in research and accounting. They can go for private as well as government agencies.
Teaching is also a good job after completing B.Com. Commerce is a globally recognized degree; students can go abroad too after finishing their B.Com. When a B.Com. Freshers gather some experience; they can apply for the following:
- Marketing Manager
- Marketing Researcher
- Human Resource Managers
- Chief Financial Officer
- Chartered Management Accountant
Job Title and Salary for Bachelor of Commerce in India
|
Job Title |
Approx. Salary (INR) |
|
Accountant |
4.9 lakhs Per Year |
|
Operations Manager |
2.96 Lakhs Per Year |
|
Finance Manager |
3 Lakhs Per Year |
|
Account Executive |
3.25 Lakhs Per Year |
|
Business Executive |
2.36 lakhs Per Year |
|
Financial Analyst |
3.42 Lakhs Per Year |
|
Financial Consultant |
5 Lakhs Per Year |
|
Accounts Manager |
6.14 Lakhs Per Year |
|
Business Consultant |
3 Lakhs Per Year |
|
Chartered Accountant |
4 lakhs Per year |
|
Company Secretary |
3 Lakhs Per Year |
|
Chartered Financial Analyst |
3.42 Lakhs Per Year |
BBA Vs BCom in India
The table below describes the differences between BBA and BCom
|
Parameters |
BBA |
BCom |
|
Course Objective |
Deals with Entrepreneurship and Business Handling |
Deals with Accounting, Taxation, or Finance |
|
Subjects |
|
|
|
Eligibility |
an aggregate of 50% in any stream |
Higher secondary from Commerce/ Science stream |
|
Career |
|
|
|
Placements for Bachelor of Commerce in India
Plenty of placement options exist for students studying Bachelor of Commerce in India. Lady Shri Ram College for Women (LSR), Delhi University, has been ranked as a top college for placement in the Commerce field.
Placement for Bachelor of Commerce in India
|
College Name |
Placement Company |
|
Shri Ram College of Commerce, Delhi |
Google, ICICI Bank, Barclays, Ernst & Young, Deloitte, Zomato, KPMG |
|
Hindu College, Delhi |
DE Shaw, Deloitte, Ernst & Young, HDFC Bank, India Bulls, Jaypee Group, KPMG, Maruti Suzuki |
|
Lady Shri Ram College for Women, Delhi |
American Express, DE Shaw, Deloitte, Grofers, JSW Steel, KPMG, McKinsey, NIIT, PWC, Samsung |
|
Loyola College, Chennai |
Amazon, TCS, Wipro, Stratagem Solutions, Syntel |
|
Christ University, Bangalore |
DE Shaw & Co, Arcesium, Axxela, Bain Capability Network |
|
Narsee Monjee College of Commerce and Economics, Mumbai |
Citigroup, Honeywell, TCS, Federal Bank, Ernst and Young, KPMG |
|
Hansraj College, Delhi |
McKinsey & Company, Bain Capability Network, Boston Consulting Group, United Airlines, DeShaw |
Comparison Table
The following table compares the Bachelor of Commerce in India and abroad based on the parameters below.
|
Parameters |
India |
Other Countries (USA, Australia & Canada) |
|
Course Name |
Bachelor of Commerce (B.Com.) |
|
|
Course duration |
3 years |
3- 4 years |
|
Eligibility |
|
|
|
Course Fees |
INR 10,000 - 50,000 per semester |
$12320 per year (average) |
|
Approx. Salary |
INR 236,000 per year |
$54,432 per year |
|
Placements |
Yes |
Depends on University |
