The field of commerce provides numerous career opportunities for students, and those who choose to pursue it can choose from a range of undergraduate, postgraduate, integrated, or PhD programs. There are many courses to choose from, such as BCom, BBA, CA, CS, BBA LLB, BBM, BSc, MCom, MBA, MPhil, MSc, and various commerce specializations offered at different colleges throughout India. More than 10,500 colleges in India provide full-time, part-time, online, and distance-learning courses.

There are various levels at which commerce courses are offered, including undergraduate, postgraduate, diploma, and doctoral programs. Students can also choose from various specializations such as Capital Markets, Finance, Sales & Marketing, Auditing & Control, HR, etc. With a plethora of options available, selecting the right college can be a challenging task.

This article will highlight India's top 10 commerce colleges that offer the lowest fees.

Benefits of Studying Commerce in India

• India is experiencing rapid economic growth, which presents many prospects for commerce graduates to contribute significantly to the nation's progress. 
• The field of commerce offers a diverse range of career choices, including finance, accounting, marketing, and entrepreneurship. Various industries, such as banking, insurance, e-commerce, and consulting, offer immense employment opportunities for skilled commerce professionals, particularly in finance, accounting, and taxation. 
• This demand for commerce professionals is expected to escalate, creating more job openings in the future. Commerce graduates can anticipate a decent salary package, particularly if they have specialized expertise and experience. 
• The average initial salary for commerce graduates is approximately INR 3-5 lakhs annually, with immense potential to earn more as they gain more experience. 
• Commerce is a broad field with extensive possibilities for growth and progress. 
• With the right skill sets and experience, commerce graduates can rise to higher positions within their organizations, start their ventures, or pursue advanced education such as an MBA or a professional certification.

Top Commerce Colleges with Lowest Fees

Here are the top 10 Commerce Colleges with the lowest Fees:

• Sullamussalam Science College, Malappuram
• Ramakrishna Mission Vivekananda College, Chennai
• Bhadrak Autonomous College, Bhadrak
• Women's Christian College, Nagercoil
• SFR College for Women, Sivakasi
• South Travancore Hindu College, Nagercoil
• Kamaraj College, Tuticorin
• St. John's College, Tirunelveli
• Government Degree College, North Tripura
• Government Arts College for Women, Sivaganga

Tuition Costs

Eligibility Criteria

• To qualify for an undergraduate Commerce degree, students must have completed their 10+2 education or an equivalent degree focusing on commerce. Candidates who have studied Mathematics, Accounts, Financial matters, and similar subjects are eligible to apply.
• To pursue a postgraduate Commerce degree, candidates must have completed their graduation in Commerce from a recognized university. Along with merit-based admission, some of the best 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

Career Prospects after Completing Commerce Course

A Bachelor of Commerce degree presents many employment opportunities in financial services, banking, research, analysis, risk management, government, taxation, and more. Despite management programs' popularity, B.Com remains a sought-after program for many students. Furthermore, it provides a strong foundation for pursuing further education in MBA and Financial Management courses.

Commerce graduates understand a company's financial fundamentals, making them well-suited for successful careers. After completing the program, graduates can secure jobs with prominent institutions, attracting recruiters to hire students directly from campus.

Recent industry trends suggest companies prefer hiring B.Com graduates over postgraduates or technical graduates. For instance, Accenture actively hires fresh B.Com graduates as accounts executives. Graduates in commerce have a competitive edge due to their exposure to diverse subjects and curricula, enabling significant career growth as demand for professionals in this field remains high.

Succeeding in a career in commerce requires discipline, commitment, and focus. Individuals who possess these qualities can excel in this continuously expanding field.

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FAQ’s

What is the average fee structure of the top 10 commerce colleges with the lowest fees?

The average fee structure of the top 10 commerce colleges with the lowest fees is between INR 10,000 to INR 50,000 per annum, depending on the college and course.

What are the admission criteria for these colleges?

The admission criteria for these colleges vary depending on the college and the course. Generally, students must have passed their 12th standard with a minimum of 50% marks and cleared the respective college's entrance exam.

Can I get admission to these colleges with a low score in my 12th standard?

Admission to these colleges depends on the college and course you are interested in. While some colleges may consider students with low scores, others may have strict admission criteria. It is best to check with the college you are interested in.

Are these colleges affiliated with any university?

Most of these colleges are affiliated with reputed universities in India, such as Delhi University, Mumbai University, and Bangalore University.

Does the UGC accredit these colleges?

Most of these colleges are accredited by the University Grants Commission (UGC), India's regulatory body for higher education.

Do these colleges offer any scholarships or financial aid?

Yes, many of these colleges offer scholarships and financial aid to students based on their academic performance and financial need. It is best to check with the college you are interested in for more information.

Are these colleges only for Indian students, or do international students also apply?

Most of these colleges welcome international students and have specific admission criteria. It is best to check with the college you are interested in for more information.

Do these colleges have good infrastructure and faculty?

While the infrastructure and faculty of these colleges may vary, most colleges have decent facilities and qualified faculty members.