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@Krish Shah
Published on
Feb. 21st 2020
Introduction
We all have a small curiosity about the working of our country, considering Commerce. Some even like to work in the field of Commerce. But before working for it, you need to know various subjects covered by Commerce. So for those wondering the question of what should you study to perceive Commerce as your source of income considering B.Com will be helpful. Commerce is a vast field, and B.Com is one part of it. B.Com, which is also known as Bachelor of Commerce, is a three-year course to be achieved after completion of class 12th.
Requirements
To apply for the B.Com course, an applicant must satisfy specific requirements provided by the particular college. Many universities have similar needs, but some have different. Listed below are the most commonly accepted requirements by the colleges.
Entrance Examinations
Some colleges do not conduct entrance examinations and give admission to students based on class 12th marks. While some provide access based on the entrance examination conducted by them or any organization. Here are a few renowned entrance examinations.
Entrance Exam |
Full Form |
Description |
IPU CET |
Indraprastha University Common Entrance Test |
IPU CET is an online test conducted by the Guru Gobind Singh Indraprastha University(GGSIPU) for applicants seeking admission for Undergraduate and Postgraduate courses in the field of Engineering, Medical, Dental, Management, and Law offered by Indraprastha University Common Entrance Test. |
DUET |
Delhi University Entrance Test |
DUET is an online test conducted by National Test Agency(NTA) for applicants admiring admission in Undergraduate, Postgraduate, M.Philosophy, and Ph.D. courses administered by Delhi University. |
NPAT |
National Test for Programs After Twelfth Test |
NPAT is an online test conducted for students admiring admission in various Undergraduate and Integrated courses offered by the Narsee Monjee Institute of Management Studies or the NMIMS University. |
LPUNEST |
Lovely Professional University National Eligibility and Scholarship Test |
LPUNEST is an online test conducted by Lovely Professional University itself for students seeking admission in Undergraduate and Masters in the field of Engineering, Law, Management, Law, Design along with Agriculture and some other. |
Specialization
B.Com provides various specialities that have to be taken up with the studies.
Specialization |
Description |
Average Fees |
Average Salary |
Accountancy |
Accountancy focuses on developing analytical skills and accounting artwork, which is essential for the student. |
₹20,000 |
₹4,79,000 |
Banking Management |
Banking Management provides professional knowledge about the working of Banks like financially and other factors. |
₹2,00,000 |
₹4,36,000 |
Computer Applications |
Computer Application is a course design to train the students about fields like banking, accounting, stock markets along with insurance and marketing. |
₹25,000 |
₹4,21,000 |
E-Commerce |
Online business is booming nowadays, but to run it, you require a lot of knowledge which is provided by E-Commerce. E-Commerce covers subjects like Cost Accountancy, Finance, International Business, Information Sciences, and Economics. |
₹30,000 |
₹4,36,000 |
Economics |
Getting solutions to economic issues by analyzing different factors is taught in Economics. It also strengthens specialties like cost accounting and organizational behavior. |
₹3,00,000 |
₹4,89,000 |
Foreign Trade Management |
Foreign Trade Management teaches various essential aspects related to import and export carrying out in the trade cycle. |
₹20,000 |
₹7,20,000 |
Honours |
Honours aim at building business skills through subjects like organizational behavior and cost accountancy. |
₹1,00,000 |
₹4,79,000 |
Management Studies |
Management Studies let the students get a basic idea about diagnosing solutions related to the management of a company. Topics covered by this course are commercialization, statistical research, customer demands, trade, and labor market. |
₹50,000 |
₹3,76,000 |
Taxation |
Taxation provides essential knowledge to the students, which are tax calculating, accounting, and finance. |
₹25,000 |
₹4,12,000 |
Syllabus
The B.Com course constitutes three years and further represented into six semesters. Subjects are segregated in this format.
Semester |
Subjects |
I |
|
II |
|
III |
|
IV |
|
V |
|
VI |
|
Institutes
Many institutes offer the course of B.Com, but there are very few best institutes out of them. These top institutes are showcased in the table below.
Institutes |
Cities |
Average Annual Cost |
Christ University |
Bangalore, Karnataka |
₹1,85,000 |
Madras Christian College |
Chennai, Tamil Nadu |
₹28,000 |
St. Joseph’s College of Commerce |
Bangalore, Karnataka |
₹60,000 |
Sri Venkateshwara College |
Bangalore, Karnataka |
₹40,000 |
Mithibai College of Arts and Commerce |
Mumbai, Maharashtra |
₹6,000 |
Narsee Monjee College of Commerce and Economics |
Mumbai, Maharashtra |
₹5,000 |
K.J. Somaiya College of Arts and Commerce |
Mumbai, Maharashtra |
₹10,000 |
Delhi College of Arts and Commerce |
New Delhi, Delhi |
₹10,000 |
Hansraj College |
New Delhi, Delhi |
₹21,000 |
Goswami Ganesh Dutta S.D. College |
Chandigarh, Chandigarh |
₹13,000 |
Future Prospects
There are many opportunities available for a B.Com degree holder. Some of these are listed in the table below.
Job Positions |
Descriptions |
Annual Average Salary |
Accountant |
An Accountant has to prepare entries of assets, liabilities, and capital accounts by analyzing the given information. |
₹4,00,000 |
Tax Consultant |
Advising about tax planning, compliance, and returns is the duty of a Tax Consultant. |
₹4,65,000 |
Bank PO |
Observing the clerical work, making and supervising decisions, managing cash balances, etc. is the responsibility of a Bank PO or Bank Probationary Officer. |
₹5,20,000 |
Account Executive |
An Account Executive holds the duty of monitoring the creative staff and also organizes campaigns about advertisements. |
₹3,00,000 |
Event Manager |
Planning, organizing and managing promotional, social, and business events are the work of an Event Manager. |
₹5,40,000 |
Travel & Tourism |
Travel & Tourism companies are expected to look upon booking tickets of their customers and ensuring a safe and hassle-free tour for them. |
₹6,50,000 |
Commodity Trader |
A Commodity Trader deals with investing in substances like oil, gas, gold, crops, and such. |
₹7,20,000 |
Actuary |
Every insurance company hires at least one actuary to look upon the statistical and mathematical techniques to calculate the financial consequences. |
₹4,80,000 |
Book Keeper |
Managing the books of accounts like journals is the work for which a Book Keeper is hired. |
₹2,80,000 |
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Thanks a lot 🙏 But please post an article related to CA
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