Bachelor of Commerce in India

Bachelor of Commerce in India

Bachelor of Commerce in India
Banita KhanalSun Jan 23 2022

Bachelor of Commerce (BCom) is the third most desired course in India. It is a three years undergraduate degree recognized by the Universities Grants Commission (UGC) of India.

This course is designed in a way that it 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 that are needed in any field.
  • This course plays a role of 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 scope for a good career. 
  • Any postgraduate after BCom is valuable for any career.

Eligibility

  • Completed the  10+ 2 Courses or its equivalent
  • At least 60% marks in 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 )

Bachelor of Commerce in India: Top Colleges 

Following are the top 10 institutes providing BCom in India (based on NIRF 2020)

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 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 

  • Information Technology
  • Human Resource
  • International Business
  • Operations Management
  • Marketing
  • Finance
  • Insurance
  • Economics
  • Law
  • Finance
  • Accounting
  • General Business.

Eligibility

an aggregate of 50% in any stream 

Higher secondary from Commerce/ Science stream

Career

  • Research Assistant
  • Sales Executive
  • Office Executive
  • Assistant Manager
  • Others
  • Accountant
  • Operations Manager
  • Finance Analysts
  • Others

Placements for Bachelor of Commerce in India 

There are plenty of placement options 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 on the basis of the parameters below. 

Parameters 

India 

Other Countries (USA, Australia & Canada)  

Course Name

Bachelor of Commerce (B.Com.) 

  • Bachelor of Business Management
  • BA in Management

Course duration

3 years 

3- 4 years 

Eligibility 

  • 10+2 or equivalent examination 
  • Must have passed the Entrance exam
  • At Least 70% in class 12 
  • At least 2 references.
  • Proof of English language proficiency

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

 

    

 

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