Commerce is a subject that delves into trade, finance, and business activities, offering a comprehensive understanding of market structures, exchange systems of goods and services, manufacturers, producers, and how businesses operate. It can be studied from secondary school to PhD level, with many individuals interested in business and finance opting to take commerce courses and pursuing BBA and MBA studies. After completing a Bachelor of Commerce (BCom) degree, many students pursue an MBA for better career prospects and specialized business and financial management knowledge.
Commerce courses typically cover various subjects, including business laws, economics, mathematics and statistics, accounting, information technology, banking, and financial systems. These prepare students for careers in various sectors, such as business-oriented personnel, bankers, chartered accountants, financial advisors, investment officers, and more, providing ample opportunities for those with postgraduate commerce degrees.
As a business and finance-focused country, India boasts many colleges offering top-notch commerce courses. This includes institutions in all four country zones: North, East, West, and South.
Top 10 Commerce Colleges in India
With over 10,000 colleges offering commerce courses to many students, India has established itself as a commerce-oriented nation. The northern region of India has numerous colleges providing commerce education. Students seeking the best institutions can refer to a curated list of top commerce colleges in the region.
This list comprises the most suitable colleges for studying commerce in India.
- Shri Ram College of Commerce (SRCC), Delhi University
- Lady Shri Ram College for Women (LSR), Delhi University
- Loyola College, Chennai
- St. Xavier's College, Mumbai
- Christ University, Bangalore
- Hindu College, Delhi University
- Hansraj College, Delhi University
- Madras Christian College (MCC), Chennai
- Narsee Monjee College of Commerce and Economics (NM College), Mumbai
- Symbiosis Society's College of Arts and Commerce (SSCAC), Pune
Tuition Costs
College |
Total Tuition Fees |
Shri Ram College of Commerce (SRCC), |
INR 90,000 |
Lady Shri Ram College for Women (LSR) |
INR 67,000 |
Loyola College |
INR 81,000 |
Ramjas College |
INR 45,000 |
Christ University |
INR 2,45,000 |
Hindu College |
INR 54,000 |
Hansraj College |
INR 62,000 |
Madras Christian College (MCC) |
INR 83,000 |
Narsee Monjee College of Commerce and Economics (NM College) |
INR 35,000 |
Symbiosis Society's College of Arts and Commerce (SSCAC) |
INR 57,000 |
Eligibility Criteria
- To obtain an undergraduate degree in Commerce, students must have completed their 10+2 education or an equivalent degree in commerce.
- Those who have studied Mathematics, Accounts, Financial matters, and related subjects are eligible to apply.
- To pursue a postgraduate degree in Commerce, students must have completed their graduation in the Commerce stream from a recognized university.
- In addition to merit-based admission, several top Commerce universities in India also consider scores from national and state-level entrance exams.
Popular Commerce Course in India
- Accounting
- Finance
- Banking
- Economics
- Business Management
Popular Entrance Exam
- CUCET
- CUET
- IPU CET
- JET
Admission Process
When admitting students to Commerce courses, most universities typically rely on merit-based selection since the number of available seats is generally comparable to those for Arts and Science programs.
At the undergraduate level, many colleges admit students based on merit and set their cut-off marks based on their specific needs and requirements. Sometimes, cut-offs in colleges like Delhi and Mumbai University can exceed 90%, depending on the college's criteria.
Although some colleges conduct their entrance exams, such instances are relatively rare. Only a select few colleges in India administer entrance exams for students seeking admission to Commerce courses.
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FAQ’s
Q: What is the duration of these courses?
A: The duration of these courses may vary depending on the course and the college. Generally, undergraduate courses such as B.Com and BBA have 3 years, while postgraduate courses such as M.Com and MBA have a duration of 2 years.
Q: What is the fee structure for these colleges?
A: The fee structure for these colleges may vary depending on the college and the course. However, in general, the fee for undergraduate courses ranges from around Rs. 10,000 to Rs. 2 lakhs per year, while the fee for postgraduate courses ranges from around Rs. 20,000 to Rs. 4 lakhs per year.
Q: Do these colleges offer scholarships?
A: Yes, many of these colleges offer scholarships to deserving students. The eligibility criteria for scholarships may vary from college to college. Students can check with the respective colleges for more information.
Q: What are the placement opportunities after completing a commerce course from these colleges?
A: These colleges have a good track record of providing placement opportunities to their students. Leading companies from various industries, such as finance, consulting, e-commerce, and others, visit these colleges for campus placements. The salary packages may vary depending on the company and the job profile but generally range from around Rs. 3 lakhs to Rs. 15 lakhs per annum.
Q: What is the selection process for admission to these colleges?
A: The selection process for admission may vary from college to college. However, candidates generally must fill in the application form online or offline and submit it with the required documents. Some colleges may also conduct their own entrance exams or interviews. The final selection is based on the candidate's performance in the entrance exam or interview and their academic record.