Full Form of B.Com

What is B.Com?

Bachelor of Commerce, abbreviated B.Com, is a three-year undergraduate degree. The objective of B Com courses is to prepare students for employment in the fields of banking, accounting, insurance, and finance by imparting analytical skills, financial literacy, business acumen, business laws, and taxation understanding.

During the three-year B.Com programme, students will study fundamental commerce disciplines such as finance, economics, accounting, actuarial studies, business management, etc., as well as basic business concepts. Check: Business Courses

The minimum qualifying requirement for B.Com courses is 50% in class 12 or an equivalent test. The B Com programme is the most popular and sought-after programme among students of business. The B.Com curriculum emphasises topics such as taxation, economics, accounting, etc. B.Com Honours Subjects are the course's most popular offerings.

B.Com: Eligibility Criteria

• Qualifying the 12th Class with a stream of commerce is a minimum education qualification for B.Com.
• As there is no entrance examination for this course, the candidates opting for B.Com generally get admission pretty easily.
• English and Mathematics must have been studied by the candidate as their course subjects.
• There are minimum cut-off requirements put forth by the Universities. The candidate must make sure that they meet the minimum cut-off.
• This cut-off mark varies from college to college.

Why Should You Study Bachelor of Commerce?

• Prepares pupils for employment and entrepreneurship: Unlike other Bachelor programmes, a B.Com degree prepares graduates for the corporate sector as well as entrepreneurship. The course equips students with the business and financial understanding necessary for success in the professional world.
• Vast Job domains: Bachelor of Commerce graduates have several employment prospects in industries such as banks and capital management, accounting firms, investment banking, and budget planning, among others.
• Increased pay packages: According to PayScale India, the average annual pay for B.Com graduates is between INR 2.5 and 4 lakhs. The starting pay for B.Com graduates is between INR 2.5 and 3 lakh per year.
• Higher Education: B.Com provides a foundation for students to pursue higher education to expand their abilities and increase their earning potential by selecting for courses such as CA, CS, CMA, MBA, etc. These courses will aid in ascending the organisational structure.

B.Com: Career Opportunities

• There are plenty of job prospects for the graduates in Commerce in both the government sector and the private sector where they can work as accountants, auditors, cashiers, tax specialists, etc.
• The graduates are also free to apply for advanced training courses such as ICWA, CA, CS, and CFA.

B.Com: Entrance Tests

• IPU CET 2020
• BHU UET 2020
• DSAT 2020
• DUET 2020
• NPAT 2020

B.Com: Specializations

• Economics
• Business Law
• Business Mathematics
• Cost Accounting
• Corporate Accounting
• Business Management
• Financial Accounting, etc.