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BCom (Hons): The Bachelor of Commerce Hons programme lasts three years, and the curriculum is divided into six semesters. Business economics, costing and auditing, business statistics, macroeconomics, and many other topics are covered in this course. B.Com (Hons) course has a wide range of job opportunities in almost every private and public sector organisation with responsibilities in finance and accounting, financial advisor, business consultant, tax consultant, etc.
Degree | Bachelors |
Full Form of Course | Bachelor of Commerce [Hons.] |
Duration of Course | Course Duration of Bachelor of Commerce [B.Com] {Hons.} is 3 Years. |
Age | No specific age limit |
Minimum Percentage | 50% |
Average Fees Incurred | INR 5,000 – 1 LPA |
Similar Options of Study | B.Com, BBA, BBM, BBS, BMS, CA, CS, CMA etc |
Average Salary Offered | INR 4.4 LPA |
Employment Roles | Operations Manager, Business Advisor, Finance Manager, Accountant, Financial Consultant, Accounts Executive, Chartered Accountant, etc |
Aspirants can enrol in a full-time or part-time B.Com (Hons) programme. The following are the different types of B.Com (Hons) courses:
The full-time B.Com (Hons) programme lasts three years, during which time students must attend classes in person, submit assignments, and take exams on campus. Students will gain a lot more exposure, experience, and knowledge through direct interaction with their peers and faculty in a full-time B.Com (Hons) course.
Students who are unable to attend regular classes can enrol in the part-time B.Com (Hons) programme. Depending on the type of course, part-time courses may include weekend or evening classes, as well as online classes. The advantage of a part-time B.Com (Hons) programme is that students can complete it while working, researching, or doing other things.
The Distance B.Com (Hons) course is offered by many universities and colleges in India. The course is structured in accordance with the Distance Education methodology. This course is for students who cannot afford to attend classes on campus or who are working full-time and cannot devote the time necessary to complete a full-time course.
Relevant Links | ||
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Bachelor Of Commerce [B.Com] (corporate Secretaryship) | Bachelor Of Commerce [B.Com] (taxation) | Bachelor Of Commerce [B.Com] (Accounting And Finance) |
Bachelor Of Commerce [B.Com] (computer Application) | Bachelor Of Commerce [B.Com] | Bachelor Of Arts [BA] (multimedia) |
In Indian universities, the standard admission procedure for the BCom (H) course includes screening of candidates and final selection based on the authorities’ cut-off marks. Many colleges, on the other hand, hold entrance exams for their BCom (H) programmes. The following are the requirements for BCom Honours:
The minimum cut off marks for each academic session are determined based on a variety of factors, including the total percentage of candidates passing Commerce in school board exams, the highest score in Commerce, the average score in Commerce, the previous year’s minimum cut off marks, etc.
In India, the admissions process for the course of B.Com Hons can be completed either on-site at the college or online. The admissions process for the course is solely based on the results of 10+2 classes in any discipline, as well as the results of the entrance exams. As a result, applicants must meet the basic B.Com Hons eligibility criteria for the course, which includes a combination of marks earned in their 10+2 classes and entrance exams in any commerce discipline. The various procedures for obtaining admission to the course are listed below, along with the B.Com Hons course details:
The entrance exam score for any commerce discipline, as well as the marks earned in 12th/10th grade, are used to select students for the course. The aspirants are assigned seats based on various B.Com Hons eligibility criteria fulfilled by the aspirants who the college/university officials have proposed after the university or college conducts a personal interview, counselling, and group discussion, and in some cases, a written test which is not mandatory.
Universities set the cut-off for admission to B.Com (Hons) programmes based on 10+2 grades. The student’s performance on a specific entrance test determines the Cut-off. Students who achieve the cut-off rank are permitted to enrol. Several colleges accept applications based on the cut-off for the 10+2 qualification.
B.Com Hons graduates must possess specific skills and techniques both during their studies and after graduation in order to advance their careers to new heights. The following are some of the specific skills required of B.Com Hons graduates:
The entrance exams are offered in both English and Hindi, and it takes 3 hours to complete. The majority of the questions on the entrance exams are related to Current events, General English, Quantitative Mathematics, Data Interpretation and some basic topics from the 10th and 12th grades.
The top entrance exams for BCom Honours admissions in India are as follows:
Every year, GGSIPU (IP University) conducts this exam for admissions into one of the 118 affiliated colleges in streams such as science, commerce, arts, languages, engineering, management, and so on.
The exam is given in an online format, with the majority of the questions being multiple-choice questions. Each course may have a different question type.
Around 100 questions from Logical Reasoning, Data Interpretation, General Awareness, and General English will be included in the BCom Honours exam, which students must complete in 2.5 hours.
This is an offline exam administered by Banaras Hindu University (BHU) for admissions to its many UG courses, including B.Sc, BCom (Hons.), BVSc, BFA, LLB, and others.
With over 8000 seats and approximately 6 affiliated colleges and institutes, many students take this national exam every year to gain admission to BHU.
Each course has a different exam pattern. The exam for the BCom Honours course usually includes questions from Accountancy, Financial Statements, Business Management, and so on.
This is a national level exam administered by NMIMS that grants admission to a variety of courses, including B.Tech, BBA, and BCom Honours. The exam is primarily MCQ-based, and the mode of examination is typically computed (online).
For each course, the exam pattern is the same, and it includes questions from General English & Language Proficiency, Quantitative Ability, General Intelligence, and other topics.
Every year, the University of Lucknow holds a university-level exam for admission to a variety of courses, including BCom Honours. It consists of 100 multiple-choice questions that students must answer in 120 minutes (3 hours).
The BCom Hons course includes questions from Class 10+2 Accounting, Business Management, Mathematics, and other subjects.
AMU Controller Exam conducts a university-level examination at various exam centres across India. The application and admission process for the BCom Honours course at AMU has begun.
The following are the top universities in India that offer BCom Hons in Commerce:
University Name | Admission Process | Average Fees | Average Salary |
---|---|---|---|
University of Delhi | Cut Off set by affiliated colleges | INR 50,000 | INR 6,00,000 |
University of Mumbai | Merit Based | INR 20,000 | INR 3,50,000 |
IP University | IPU CET | INR 80,000 | INR 4,00,000 |
Banaras Hindu University | BHU UET | INR 9,000 | INR 4,00,000 |
University of Calcutta | Merit Based | INR 1,20,000 | INR 3,00,000 |
NMIMS, Mumbai | NPAT | INR 2,30,000 | INR 4,00,000 |
Osmania University | Merit+College Entrance Test | INR 21,000 | INR 3,60,000 |
University of Lucknow | Entrance Test | INR 1,85,000 | INR 3,10,000 |
Several private institutes offer admission to B.Com (Hons) degree programmes. B.Com is one of the most popular courses among commerce students (Hons). Private colleges provide academic instruction as well as professional training. In India, there are numerous private colleges that offer B.Com(Hons) degrees. The following are some of the best private colleges:
Amity University, Raipur | Loyola College, Chennai |
St. Xavier’s University, Kolkata | Anwarul Uloom College, Hyderabad |
St. Joseph’s College of Commerce, Bangalore | Marian College, Kuttikkanam |
HL College of Commerce, Ahmedabad | Viva College, Virar |
SXC Ranchi | Institute of Management Research and Technology, Lucknow |
Due to low fees and a government-guaranteed degree, many students prefer B.Com (Hons) admission in government colleges. A number of government and private commerce institutes offer admission to B.Com(Hons) degree programmes. Candidates interested in applying to government colleges should look at the following list of B.Com(Hons) colleges:
Maulana Azad College, Kolkata | University of Mumbai |
Motilal Nehru College, New Delhi | Government Bikram College of Commerce |
Government PG College, UNA | IGNOU, Delhi |
Guru Nanak Khalsa College, Yamuna Nagar | College of Commerce Arts and Science, Patna |
Aditi Mahavidyalaya | Delhi College of Arts and Commerce, New Delhi |
If students can afford it, they can study a B.Com(Hons) course abroad. The duration of a B.Com(Hons) course in another country varies depending on the type of course, college, and country.
Studying a B.Com(Hons) course abroad has many advantages, including access to some of the best resources, facilities, and faculties, as well as global exposure to subject matter and other cultures. Furthermore, because of its diversity, B.Com(Hons) is one of the best courses to study abroad.
Some of the best universities and colleges in the world offer top-notch B.Com (Hons) programmes in the United States. The following is a list of the best B.Com (Hons) colleges in the United States:
S.No. | Institution |
1 | Harvard University |
2 | MIT |
3 | Stanford University |
4 | University of California |
5 | Yale University |
Institutions in the United Kingdom date back to the 13th century. As a result, the United Kingdom is one of the best places to study for a B.Com (Hons). The following is a list of the best colleges in the UK for B.Com (Hons):
S.No. | Institution |
1 | London School of Economics and Political Science |
2 | University of Oxford |
3 | University of Warwick |
4 | University of Sussex |
5 | University of St Andrews |
Canada, also known as the “Great White North,” is one of the most popular destinations for B.Com(Hons) programmes worldwide:
S.No. | Institution |
1 | University of Toronto |
2 | University of British Columbia |
3 | McGill University |
4 | University of Montreal |
5 | University of Alberta |
For many students, Australia, also known as the ‘Land Down Under,’ has emerged as one of the top destinations for higher education. The following is a list of the best B.Com (Hons) colleges in Australia:
S.No. | Institution |
1 | University of Melbourne |
2 | Australian National University |
3 | University of Sydney |
4 | Monash University |
5 | University of New South Wales |
The B.com Hons course syllabus and subjects are organised in such a way that students gain a better understanding of the theoretical and practical aspects of various course subjects, which is necessary for students to emphasise their knowledge in various domains.
In India, the B.Com Hons course includes a variety of assignments, internships, quizzes, vivas, and project submissions as part of the curriculum.
Take a look at the following subjects and syllabus for the BCom (H) programme:
Business Organization & Management | Financial Accounting (Part-A) |
Financial Accounting (Part-B) | Financial Accounting (Part-C) Practical |
Micro Economics-1 | Business Law |
Business Statistics | Fundamental of Computer & Information System: Part-A |
Fundamental of Computer & Information System: Part-B | Fundamental of Computer & Information System: Part-C (Practical)Microeconomics-2 |
Corporate Laws | Business Mathematics |
Income-Tax Law & Practice | Macroeconomics |
Principles of Marketing | Interdisciplinary |
Optional : (English/Political Science/Mathematics) | Indirect Tax |
Corporate Accounting | Cost Accounting |
Human Resource Management | Indian Economy-Performance and Policies |
Management Accounting | Financial Management |
Optional : E-Commerce Part A or Part B | E-Commerce (Part-A) |
E-Commerce (Part-C) Practical | Auditing |
International Business | Financial Markets, Institutions and Financial Services |
Governance, Ethics & Social Responsibility of Business | Business Communication |
Project Work | Entrepreneurship and Small Business |
Many people seem to assume that both of these degrees are the same, but there are a few distinctions in terms of nomenclature and course content. BCom Hons has a higher credit level than a BCom degree.
Parameters | BCom (Hons) | BCom |
---|---|---|
Overview of Course | BCom Honours is an undergraduate course that allows students to specialise in one of the main subjects of commerce, such as accounting, economics, finance, or business, in their final year. | BCom is a standard bachelor’s degree in commerce that covers all aspects of the subject. This course covers everything from accounting to finance to taxation. It provides an overview of all of the topics covered in the field of commerce. |
Duration of Course | 3 years | 3 years |
P[rocess of Admission | Based on the results of the 12th grade. This course’s cutoff is higher than a standard BCom course. | Based on the results of the 12th grade. Because the cutoff for this course is lower than for a BCom Hons degree, many students choose it. |
Course Objective | BCom Hons not only provided knowledge in the field of commerce, but also familiarised students with the business side of things. If students want to pursue CA, CFA, CMA, or any other competitive certification course in the future or concurrently, it appears to be very beneficial. | BCom is a common commerce course that covers a wide range of topics such as accounting, business management, taxation, and economics. While studying BCom, you are unable to specialise in any field. |
Degree Value | Because of their advanced training and expertise in one field, many companies and industry professional students with Hons backgrounds. | Both degrees have similar career prospects, but students with an honours degree are given more weight than those with a BCom. |
Salary Offered | INR 20,000-50,000 per month | INR 15,000-40,000 per month |
Both of these degrees are bachelor’s degrees with different career opportunities. The BCom Hons programme covers all of the major aspects of commerce, while the BBA programme covers all of the important aspects of management and business.
The following table summarises the major differences between these two degrees:
Paraments | BCom (Hons) | BBA |
---|---|---|
Qualification | Bachelor of Commerce | Bachelor of Business Administration |
Course Overview | The three-year programme in commerce trains students in various fields such as accounting, taxation, and economics, and prepares them for future opportunities in the finance management world. | This course is designed for students who want to learn about management and business topics that will help them perform well in the workplace. |
Admission Criteria | On the basis of Merit and through Entrance Exams | On the basis of Entrance Exams & Aptitude Tests, but some colleges offer admission on the basis of Merit |
Top Colleges | SRCC, LSR College, Loyola College, Delhi College of Arts and Commerce, Hindu College, IP College for Women, BHU, etc. | NMIMS, Loyola College, Presidency College, Madras Christian College, Christ University, Amity Business School, etc. |
Average Fees | INR 60,000 | INR 1,20,000 |
Average Salary | INR 3-8 LPA | INR 3-10 LPA |
Job Positions | Chartered Accountant, Stock Broker, Investment Banker, Tax Accountant, Financial Consultant, Auditor, Bank Manager, etc. | Business Development Executive, Brand Manager, Product Manager, HR Manager, Marketing Executive, Sales Associate, Client Relationship Manager, etc. |
Commerce is a broad field that encompasses a wide range of occupations such as business management, accounting, taxation, financial management, cost accounting, and so on.
Commerce graduates who are proficient in Basic Principles of Accountancy, Cost Accounting, and Management Accounting keep track of an organization’s profit and loss records as accountants.
They could also work as tax consultants or in the banking industry. Aside from financial services, marketing, and project management, advanced career options in this field include Chartered Accountant (CA), Cost and Work Accountant (CWA), and Company Secretary (CS).
Job Position | Job Description | Average Salary |
---|---|---|
Accountant | An accountant’s main responsibility is to perform financial calculations for the best interests of tex and business. | INR 2.48 LPA |
Auditor | The authenticity and accuracy of business records are checked by an auditor. | INR 4.70 LPA |
Business Consultant | Business consultants assist in the growth of both new and existing businesses. | INR 9.85 LPA |
Finance Officer | These officers are hired by businesses to deal with financial issues and decisions. | INR 3.40 LPA |
Tax Consultant | They are typically responsible for resolving tax-related issues for the company or its clients, as well as preparing tax returns on their behalf. | INR 5.09 LPA |
Bank Manager | The bank manager is in charge of the entire operation of the bank, from dealing with employees and the general public to ensuring that all work is completed in accordance with the policies in place. | INR 7.34 LPA |
Financial Consultant | They usually work with clients to provide investment and other financial services that will aid in the management of their finances. | INR 6.39 LPA |
Stock Broker | Stock brokers work in the company’s financial department and provide services such as financial investments in stocks and other securities. | INR 3.50 LPA |
Certified Chartered Accountant (CA) | A Certified Public Accountant (CPA) can work in organisations or independently, assisting with all financial issues and investments. | INR 7.91 LPA |
Accounting and auditing firms, as well as banks and insurance companies, are in high demand for BCom (H) graduates. They are hired at a junior level for various positions in the company’s finance, accounting, human resources, and administrative departments. Banks, multinational corporations, finance firms, and auditing firms are among the top employers of BCom graduates. The following are some of the companies that hire BCom and BCom(H/) graduates:
Ans: In India, admission to BCom Honours courses is primarily based on HSc/Class 12th results. Some universities, however, hold entrance exams to select students for this programme. After the declaration of Class 12th results, the admission process for BCom Honours begins in India in April-May. Candidates must fill out a university admission form and follow the steps in the process.
Ans: Candidates in the BCom Honours programme can select an optional subject. Financial Markets, Institutions, and Financial Services, Corporate Tax Planning, Compensation Management, Fundamentals of Investment, Consumer Relationships & Customer Care, Business Tax Procedure & Management, and Business Data Processing are some of the most popular optional subjects in BCom Honours.
Ans: No, a BCom Honours degree is not required to sit for Bank PO exams. Banking exams are open to students from all disciplines. However, having completed a BCom Honours degree as a graduation requirement will help with preparation and future career options.
Ans: Technically, an MBA in Finance should be a good fit for students with a business background, but an MBA in any specialisation from one of India’s top business schools can open doors to a variety of careers.
However, statistics show that an MBA in any specialisation can be extremely beneficial if students are truly passionate about the field. MBA in Marketing, MBA in International Business, MBA in Human Resources, and other MBA specialisations are popular among BCom Honours students.
Ans: Both of these courses are highly sought after and regarded in their respective fields. Students interested in pursuing an MBA or another master’s level management course should pursue a BBA. However, you should pursue BCom Honours rather than BBA if you want to pursue CA, CFA, ACCA, or any other finance or accounting certification.
In terms of pay, BBA graduates are compensated slightly better than BCom Hons graduates.
Ans: Yes, Math is required in Class 12 if you want to pursue B Com Honours. Every college considers Maths subject marks in Class 12th or HSc for admission to this course. However, for the B Com General course, Math in Class 12 is not required.
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