BCom Course: Full Form, Course Details, Eligibility, Admission, Fees, Duration, Career

Duration: 3 Years
Avg Fees: INR 1,000-3,00,000 Per Year
Kriti Jain
Kriti Jain

Updated on - Aug 30, 2024

Latest Updates for BCom

  • 16 October 2024 :

    ICSI CSEET 2025 form-filling for January session has been started and will last till Dec 15, 2024.

  • 20 September 2024 :

    CA Foundation 2025 exam schedule for January session is out. The exam will take place on Jan 12, 14, 16, and 18, 2025.

BCom or Bachelor of Commerce, is a 3-year undergraduate degree that focuses on commerce and business. B.Com offers students a fundamental knowledge of Accounting, Corporate Tax, Economics, Company Law, Auditing, Business Management, etc. The B.Com subjects include topics like Financial Accounting, Business Mathematics and Statistics, Business Law, Management Accounting, Marketing Management, Income Tax, etc.

The BCom courses can be pursued in various formats such as classroom, online, and distance learning. It equips the students with the knowledge to apply for jobs in diverse industries like computer science, banking and insurance, taxation, finance, cooperation, accounting and finance, accountancy etc.

B Com Admissions require students to have a minimum of 50% in their high school degree (10+2) with a commerce stream and qualify with the required cut-off marks in B Com entrance exams such as PUCET, CUCET-UG, LPUNEST, etc. The annual BCom fees are in the range of INR 1,000-3 Lakh, the fees vary depending on private and government colleges. The annual fee for BCom at LPU is INR 1.60 Lakh, whereas, the Lucknow University annual BCom fee is INR 9,000.

BCom Course Details

Degree Bachelors
Full Form Bachelor of Commerce
Duration 3 Years
Age The minimum age limit is 17-18 years.
Minimum Percentage 50% in 10+2 from a recognized board
Average Fees INR 1,000-3,00,000 Per Year
Similar Options of Study BBA, BMS, Bachelor of Economics, Bachelor of Banking and Finance
Average Salary INR 4 LPA
Employment Roles Accountant, Business Analyst, Company Secretary, Financial Analyst, etc
Top Recruiters SBI, Deloitte, TCS, Infosys, Wipro, Reliance Retail, Accenture, ITC Limited, etc.

What is BCom Course All About?

BCom stands for Bachelor of Commerce, a 3-year undergraduate degree that emphasizes the theoretical and practical understanding of business, administration of the exchange of goods and services, accounting to sales, and related fields. Candidates with a keen interest in banking, accounting, sales, finance and trade can pursue the BCom course. 

BCom course provides good placement opportunities to students in top companies like ICICI, HDFC Bank, Amazon, KPMG, etc., in different roles ranging from Tax Consultant, Cost Estimator, Accountant, Banking Officer, etc. The average salary of a BCom graduate is INR 4 LPA according to Payscale.

BCom Eligibility Criteria

BCom admission requires a candidate to fulfil a certain set of parameters like entrance exam score, minimum percentage, additional certifications, etc. Below are the eligibility criteria for BCom courses:

  • Admission for the BCom courses in India requires the aspirants to complete their 10+2 examinations in any stream with a minimum of 50% aggregate marks for the general category and 45% for SC/ST/OBC or any reserved category students. In addition, students must have cleared the standard entrance examinations such as CUCET-UG, LPUNEST, etc.
  • The minimum age limit to enrol in BCom courses is 17-18 years.

Note: The eligibility criteria for BCom courses vary across colleges, specializations and entrance exams. Candidates must thoroughly check the official website of the respective college and entrance test before applying.

Why Choose BCom Courses?

Bachelor of Commerce is one of the more sought-after courses in the field of Commerce, as it teaches topics relevant to financial organizations, banks, businesses, and trading. Below are a few reasons that will provide you with an insight into why to choose BCom subjects:

  • With the growth of globalization and the rise of MNC companies in India, there has been an increasing demand for finance and commerce professionals who can manage the financial aspects of these businesses.
  • By 2026, the e-commerce sector in India is expected to grow to $200 billion, leading to more commerce-related jobs across domains. (As per Economic Diplomacy Division Report)
  • Moreover, the government's policies like the Make in India initiative, Digital India, and GST implementation have opened up various job opportunities for commerce graduates.
  • As per the AISHE report, the growth of BCom courses has been increasing at a steady pace over the years. The growth rate of BCom courses between 2015-16 to 2019-23 has been around 9.75.

Why choose b.com course

Also Check: Difference Between BCom and BCA

BCom Admission 2024

The admission procedure for the Bachelor of Commerce subjects is done on a merit basis in colleges like Invertis University and based on entrance exams in colleges like LPU, Chandigarh University, etc. Listed below is the procedure to get admission for the BCom courses:

  • Step 1: The students have to appear for entrance examinations like CUET, MHT CET, and LPU NEST to qualify for the BCom courses.
  • Step 2: Further the student needs to fill out the college application form online or offline mode.
  • Step 3: Further, the candidate is called for an interview, or GD process, after which a final merit list is published.
  • Step 4: Students need to provide valid documents for the document verification process after getting selected and paying the fees.

B.Com Admission Process

Read More: BCom Admission Process

BCom Entrance Exams

BCom admissions are conducted both based on entrance exam scores and merit basis. The entrance exams are conducted at national, state and institute levels to check student aptitude. The popular BCom entrance exams are listed below, along with application details:

BCom Entrance Exam

Registration Dates 2024

Accepting College

CUET UG

February 27 - April 5, 2024

UPES, University of Allahabad, etc.

AIMA UGAT January 4 - June 9, 2024

KR Mangalam University, IMTS Institute, etc.

MIT-WPU CET May 17 - June 10, 2024

MIT-WPU

LPU NEST August 1 - August 31, 2024

Lovely Professional University

CUCET

Phase 1: Till July 30, 2024

Phase 2:  July 30 - August 31, 2024

Chandigarh University

PUCET March 27 - April 29, 2024

Panjab University

BCom Specializations

The Bachelor of Commerce is a three-year-long undergraduate program with several specializations. There are many BCom specializations under the degree including Banking, Finance, Taxation and IT, which makes the graduates of this course very employability-oriented. Listed below are some of the top 6 BCom courses:

Other popular BCom Specializations are given below:

BCom Honours

BCom Accounting and Finance

BCom Tourism and Travel Management

BCom Professional

BCom Economics

BCom Corporate Secretaryship

BCom Professional Accounting

BCom Taxation and Finance

BCom Computer Science

BCom Information Technology

BCom Management Studies

BCom Banking Management

B.COM Specialization

Read More: BCom Specializations List

Top BCom Colleges in India with Fees

BCom course is offered by various prominent government and private colleges in India such as Symbiosis College of Arts and Commerce, Mumbai University, UPES, Loyola College, etc. 

The annual BCom fees in India are between INR 1,000 - 3 Lakh, the government colleges offering BCom courses have an annual fee between INR 1,050-37,000, whereas, the annual fees in BCom private colleges and universities are between INR 1,000-3 Lakh.

The below list contains the top BCom colleges in India with annual fee breakdowns:

Top Government BCom Colleges in India

The following are some of the top government colleges in India for BCom courses:

Government BCom Colleges in India

Government BCom Colleges

NIRF Ranking

BCom Course Fees (1st Year)

SRCC, University of Delhi

19

INR 29350

Hindu College, University of Delhi

1

INR 55000

Lady Sri Ram College, University of Delhi

10

INR 24000

Hansraj College, University of Delhi

12

NIR 23850

Narsee Monjee College of Commerce and Economics, Mumbai

21

INR 50000


Guru Nanak College

89

INR 23500

Kirori Mal College, University of Delhi

9

INR 38920 - 42230

Sri Venkateswara College, University of Delhi

21

INR 1290

Top Private BCom Colleges in India

Here’s the list of top private colleges for BCom in India:

Private BCom Colleges

NIRF Ranking 2024

Tuition Fees Per Year

Loyola College

8

INR 37,950

Madras Christian College

14

INR 57,000 

Symbiosis College of Arts and Commerce

47

INR 23,594 

Chandigarh University

20

INR 1.49 Lakh

LPU

27

INR 1.60 Lakh

UPES

46

INR 2.46 Lakh

KPB Hinduja College of Commerce

 

INR 20,000

Invertis University

75

INR 30,000 

Top 5 BCom Colleges

Top City-Wise Bachelor of Commerce Colleges in India

Below listed are location-wise BCom colleges in India with the annual tuition fees:

Location

BCom Fees Tuition Fees Per Year

BCom Colleges in Mumbai

INR 3,000-1 Lakh

BCom Colleges in Delhi

INR 50,000-3 Lakh

BCom Colleges in Bangalore

INR 50,000-2 Lakh

BCom Colleges in Pune

INR 25,000-1.50 lakh

BCom Colleges in Kolkata

INR 15,000-1.00 Lakh

BCom Colleges in Chennai

INR 12,000-1 Lakh

BCom Colleges in Ahmedabad

INR 50,000-3 Lakh

BCom Colleges in Lucknow

INR 8,000-60,000 

BCom Colleges in Indore

INR 30,000-1 Lakh

BCom Colleges in Hyderabad

INR 10,000-80,000

Also, Check: BCom Fees in India

Types of Bachelor of Commerce Courses

The course has full-time, part-time, and distance options available to aspirants. The following BCom course details are provided below:

Type

Bachelor of Commerce Eligibility

BCom Duration

BCom Full Time

Should have passed 10+2 with Commerce with a minimum of 50% marks for general category and 45% marks for reserved category+ Entrance Exam Score+ GD and PI score.

3 Years

BCom Online

Should have passed 10+2 with Commerce  with a minimum of 50% marks for the general category and 45% marks for the reserved category

3 Years

Distance BCom

Should have passed 10+2 with Commerce  with a minimum of 45-50% marks for the general category and 45% marks for the reserved category

3-5 Years

Distance Bachelor of Commerce Courses

Below listed are BCom Distance education course details:

  • BCom through distance learning is ideal for candidates who cannot complete a regular BCom course.
  • The annual fees of Distance BCom range from INR 10,000 - 50,000.
  • The course can be pursued from top colleges like IGNOU, SCDL Pune, NSOU, Acharya Nagarjuna University Centre for Distance Education, etc.
  • Distance BCom is also a three-year course that helps students develop their knowledge of business communication, finance and corporate accounting, business law, and bookkeeping.

Read More: Distance BCom

Online BCom Course

Below listed are important pointers regarding online BCom courses:

  • The online BCom course can be pursued from top colleges like LPU, Jain Online University, Amity Online, etc.
  • The course fees per year are between INR 30,000-60,000.

Integrated BCom Courses

An integrated course can be two bachelor-level courses combined or undergraduate courses combined with postgraduate courses. These courses provide a joint degree of two courses. Integrated BCom course duration is a five-year UG course that an understudy can seek after the 10+2. Different Colleges/Institutes/Universities in India offer admission to the 5-year Integrated BCom course which can be in the following combinations:

BCom + LLB

Below listed are the important points regarding the integrated BCom LLB course:

  • BCom LLB is a dual-degree integrated program that provides students with two separate degrees in two different fields.
  • The course can be pursued from colleges like Amity University, Panjab University, Nirma University, etc.
  • The BCom LLB fees per year is between INR 30,000-2 Lakh.

Read More: BCom + LLB

BCom + M.Com

Below listed are the important points regarding the integrated BCom MCom course:

  • Students who want to take both UG and PG courses can enroll in the BCom+ MCom combined course, a 5-year program.
  • The course can be pursued from top colleges like Mumbai University, Gujarat University, Kaveri College of Arts, Science and Commerce, etc.
  • The course fees per year is between INR 50,000-3 Lakh.
  • Students in the BCom+MCom integrated program learn everything there is to know about finance, banking, accounting, insurance, and international business. 

Also Check: M.Com

BCom Syllabus and Subjects 

In BCom course 1st year, students are introduced to the fundamentals of accounting, economics, and business communication. The BCom 2nd year builds upon this foundation with courses in financial management, business law, and taxation. Finally, in the BCom 3rd year, students delve deeper into specialized areas such as auditing, marketing, and entrepreneurship. Some of the subjects of BCom are:

Semester I

Semester II

Environmental Studies

Business Communication (Language- English/Hindi/MIL)

Financial Accounting

Corporate Accounting

Business Law

Corporate Laws

Micro Economics

Macro Economics

Semester III

Semester IV

Human Resource Management

Cost Accounting

Income-tax Law and Practice

Business Mathematics

Management Principles and Applications

Computer Applications in Business

Business Statistics

Business Mathematics

E-Commerce

Entrepreneurship

Semester V

Semester VI

Principles of Marketing

Auditing and Corporate Governance

Fundamentals of Financial Management

Indirect Tax Law

Discipline-Specific Elective 1

Discipline-Specific Elective 3

Discipline-Specific Elective 2

Discipline-Specific Elective 4

Read More: BCom Syllabus and Subjects

BCom vs BBA

BCom (Bachelor of Commerce) programs provide students with a strong foundation in financial management, auditing, and taxation whereas, a BBA (Bachelor of Business Administration), focuses on providing students with a comprehensive understanding of various aspects of business management.

Below is a detailed comparison of the two courses:

Full-Form

Bachelor of Commerce

Bachelor of Business Administration

Course Duration

3 Years

3 Years

Course Overview

The course curriculum focuses on subjects like accounting, economics, business law, taxation, and business communication.

The course curriculum focuses on subjects like finance, marketing, human resources, and operations management.

Eligibility

12th pass in commerce with a minimum of 50% marks.

12th Pass in any stream with a minimum of 50% marks

Course Fee Per Year

INR 1,000- 3 Lakh

INR 10,000 - 3 Lakh

Average Salary

INR 4 LPA

INR 2-7 LPA

Entrance Exam

SUAT, BHU UET, AIMA UGAT/Direct Admission

IPU CET, BHU CET, UPSEE, NPAT, SET

Top Colleges

Shri Ram College of Commerce, BML Munjal University, St. Xaviers College.

Christ University, Loyola College, Madras University.

Job Roles

Accountant, Cost Estimator, Financial Analyst, etc.

Business Development Manager, Sales Executive, Marketing Executive, etc.

Read More: BBA vs BCom

BCom vs BCom Hons

CA vs BCom

BCom Vs BA Economics

Career Options After BCom

Many job opportunities are opened for the graduates after the course, both in the public and private sectors. The career after BCom is vast, and the jobs can differ according to the industry the graduates work in and the knowledge possessed by the aspirants.

Below is the list of top BCom job roles along with hiring companies and the average salary offered:

BCom Job Designations

Job Description

Hiring Companies

Budget Analysts

  • Analysing financial data
  • Preparing budget reports, and providing recommendations for budget allocations.

IQVIA, SK Finance, CGI Group, E&Y

Cost Estimators

  • Estimating the costs of projects or services by analysing data and preparing cost estimates.

Shell, L&T Power, Tata Motors, KPMG

Business Operations Manager

  • Overseeing and optimising business operations
  • Managing resources, and implementing strategies to improve efficiency.

Accenture, HP, IBM, Cisco

Tax Consultant

  • Advising clients on tax-related matters, preparing tax returns
  • Ensuring compliance with tax laws.

E&Y, Deloitte, PWC, Infosys

Accountant

  • Recording financial transactions, preparing financial statements
  • Ensuring compliance with accounting standards.

KPMG, Deloitte, Ernst & Young (E&Y), PwC, Infosys

Auditor

  • Examining and verifying financial records to ensure accuracy and compliance with regulations.

Deloitte, E&Y, PwC, KPMG, Infosys

Financial Risk Manager

  • Identifying and managing financial risks
  • Implementing risk management strategies, and ensuring compliance with risk policies.

JPMorgan Chase, Goldman Sachs, Morgan Stanley

Retail Manager

  • Managing retail operations, supervising staff
  • Ensuring smooth functioning of the retail establishment.

Walmart, Reliance Retail, Future Group

Public Accountant

  • Providing accounting and financial services to the public, including tax preparation, auditing, and consulting.

Grant Thornton, BDO, RSM, Baker Tilly

Financial Analyst

  • Analysing financial data, preparing reports, and providing insights to support financial decision-making.

Goldman Sachs, JPMorgan Chase, Accenture, Infosys

Banking Officer

  • Working in various roles within the banking sector, such as customer service, account management, or loan processing.

HDFC Bank, ICICI Bank, State Bank of India (SBI)

Marketing Coordinator

  • Assisting in the development and implementation of marketing strategies
  • Conducting market research, and coordinating promotional activities.

Ogilvy & Mather, DDB Worldwide, Leo Burnett

Top Recruiters for BCom

The BCom scope is vast as graduates are hired by various private and government organisations such as BFSI, Retail and E-Commerce, IT and Consulting, Supply Chain and Logistics, Stock Market and Investment, etc. Below listed are a few top recruiters for graduates:

KPMG

Capgemini 

Accenture

SBI

Amazon

Genpact

HDFC Bank

Flipkart

Infosys

Deloitte

TCS

Ernst & Young

Wipro

Cognizant

Reliance Industry

[Sources: Payscale & Ambition Box]

Top 5 BCom Recruiters

Read More: Best Career Options After BCom in India

BCom Salary In India

The average BCom course salary in India is INR 4 LPA, according to Payscale. Graduates after having three or more years of experience can earn in the range of  INR 6-10 LPA. Below listed are job roles for BCom graduates along with their average entry-level salaries:

BCom Jobs

Entry Level Average Salary

Salary After 3 Years of Experience

Budget Analysts

INR 3.5 - 4 LPA

INR 6 - 7 LPA

Cost Estimators

INR 3.2 - 3.8 LPA

INR 5 - 6 LPA

Business Operations Manager

INR 4 - 4.5 LPA

INR 7 - 10 LPA

Tax Consultant

INR 3.8 - 4.2 LPA

INR 6 - 7.5 LPA

Accountant

INR 3 - 3.5 LPA

INR 5 - 6 LPA

Auditor

INR 3.2 - 3.7 LPA

INR 6 - 7 LPA

Financial Risk Manager

INR 4.2 - 4.8 LPA

INR 7.5 - 9 LPA

Retail Manager

INR 3.5 - 4 LPA

INR 6 - 7 LPA

Public Accountant

INR 3.2 - 3.8 LPA

INR 5 - 6.5 LPA

Financial Analyst

INR 4.5 LPA

INR 6 - 7.5 LPA

Banking Officer

INR 3.2 - 3.7 LPA

INR 5.5 - 7 LPA

Marketing Coordinator

INR 3.2 - 3.7 LPA

INR 5.5 - 6.5 LPA

Read More: BCom Salary in India

Courses After BCom

BCom has a lot of scopes both in India and abroad. Graduates willing to enhance their commerce background knowledge can opt for an M.Com degree in India. Some of the higher education after BCom are:

15 Best Courses After BCom in India

Top 10 Short Term Courses After BCom

Top 5 Cities to Pursue BCom Course

Below listed are the top 5 cities to pursue a BCom course based on top colleges, average living expense, top recruiters and average starting salary:

City

Top Colleges Offering BCom Course

Average Living Expense Per Month (INR)

Average Starting Salary (INR)

Top Recruiters

Mumbai

St. Xavier's College

20,000 - 30,000

3 Lakh - 5 Lakh PA

Tata Consultancy Services, HDFC Bank, ICICI Bank, etc.

Delhi

Ramjas College

15,000 - 25,000

3 Lakh - 4.50 Lakh PA

Ernst & Young, Genpact, etc.

Bangalore

Christ University

15,000 - 25,000

2.50 Lakh - 4 Lakh PA

Infosys, Goldman Sachs, Wipro, etc.

Pune

Symbiosis College of Arts and Commerce

15,000 - 25,000

2.50 Lakh - 4 Lakh PA

Bajaj Finance, Tech Mahindra, etc.

Chennai

Loyola College

15,000 - 25,000

2.50 Lakh - 4 Lakh PA

Cognizant, Sutherland Global Services, etc.

BCom Scholarships

There are various scholarships provided to BCom students through government and private organizations. Below is a list of scholarships available to BCom students:

BCom Scholarship

Eligibility Criteria

Amount

CLP India Scholarship Scheme

Students pursuing education from class 12th to the postgraduate level and have a minimum of 50% marks throughout their education.

Up to INR 18,000

Sarla Devi Scholarship

Students belonging to economically weaker sections want to pursue education in Arts,  Science, Commerce, and Vocational streams.

Up to INR 75,000

Azim Premji University Undergraduate Scholarship

Students belonging to economically disadvantaged groups and want to pursue UG and PG degrees in commerce, science, or any stream, with a minimum of 50% marks.

25-100% Scholarship amount depending on the percentage secured by the student.

HDFC Ltd's Badhte Kadam Scholarship

Students who want to pursue degrees like BCom., B.Sc., B.A., BCA, etc.

Annual family income is below INR 6 Lakh.

Up to INR 40,000

Read More: BCom Scholarships

Skills to Excel as a Bachelor of Commerce Graduate

BCom graduates must possess skills that can help them succeed in their professional careers. The skill sets can help the graduates in academics and help them evolve as the best working professionals. Below listed are a few skills required by BCom graduates:

  • Analytical Skills: Graduates should be able to analyze financial statements, data, and market trends to make informed decision-making for the organization.
  • Mathematical Skills: Graduates need to have good command over statistical and mathematical skills for analyzing financial statements.
  • Technological Proficiency: The graduates should know relevant software for data analysis like ERP, accounting software, excel, etc.
  • Sales and Marketing Skills: Graduates who want to work in the sales and marketing domain should develop market research skills and knowledge about consumer behaviour analysis.

Top Commerce Entrance Exams

BCom Fee Structure

FAQs on BCom

Q: What is the BCom degree for?

A: BCom is a three-year undergraduate degree that provides in-depth insights into the intricacies of accounting, business operations and economy, banking, finance, and trading.

Q: Which BCom specialisation is the best under the BCom course?

A: Banking and Insurance, International Business, Economics and Computer Applications are some of the top specialisations students can pursue after option BCom.

Q: BCom or BBA, which is better?

A: BBA offers a complete business management education from a basic to advanced level. On the other hand, BCom provides strong knowledge in both technical and managerial aspects of business. The choice depends on the student's career goals.

Q: What are some top BCom jobs in 2024?

A: Financial Analysts, Accountants, Tax Consultants, Accounts Managers, and Sales and Marketing Managers are some of the most lucrative jobs after BCom in 2024.

Q: What are salaries after BCom in India?

A: The BCom salaries can be as high as INR 84 LPA and as low as INR 5 LPA. An Investment Banker earns an average annual salary of INR 13 LPA.

Q: How many years is the BCom course?

A: BCom is a three-year undergraduate course. The BCom syllabus is divided into six semesters, offering a solid understanding of the basic concepts of Business and Commerce.

Q: Can I pursue BCom without Maths?

A: It is a common belief that Maths is not compulsory to study a BCom course. Contrary to that, Mathematics is necessary to pursue BCom. However, it entirely depends on the eligibility criteria of the university.

Q: Is BCom difficult?

A: BCom can be considered challenging as it demands a solid understanding of accounting, economics, business administration, and finance. Moreover, the skills, academic background, and interests of the students also impact the pathway of the degree.

Q: Is BCom worth it in 2024?

A: Yes, BCom is a foundational course for many promising job opportunities. After the BCom course candidates can go on to become CA, CS or CMA.

Q: Is the Bcom course available online in 2024?

A: Yes, the BCom course can be pursued online. In 2024 many platforms, universities, and colleges offer online BCom to students. Some examples include Amity Online and IGNOU.

See Various BCom Colleges in India

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