B.Com Economics: Course Details, Eligibility, Fees, Admission

Duration: 3 Years
Avg Fees: ₹1 LPA

B.Com Economics is a 3-year undergraduate degree course that deals with the study of fabricating a business sight in aspirants through cost accounting, organizational operations, and other relative topics. Institutions provide job opportunities in B.com Economics to graduated aspirants in banking, auditing, financial companies, research companies, account managing, etc.

B.Com Economics Course Details

Degree Bachelors
Full Form Bachelor of Commerce in Economics
Duration 3 Years
Age There is no prescribed age limit
Minimum Percentage 50%
Average Fees ₹1 LPA
Average Salary INR 7 LPA
Employment Roles Business Analyst, Financial Analyst, Investment, Financial Director, Business Risk Advisor, Health Economics Modelling Analyst, Finance Business Development Executive, Analytics Manager

About B.com Economics

According to Wikipedia, "Economics is the social science that studies how people interact with value, particularly in the production, distribution, and consumption of goods and services."

B.com in economics subjects include econometrics, economic policy, legal studies, money and banking, global finance, economic history, international trade, collective decisions. The job scope for the graduated aspirants is business analyst, financial analyst, investment, financial director, business risk advisor, health economics modeling analyst, finance business development executive, analytics manager.

Eligibility Criteria for B.Com Economics

Admission for the B.Com in Economics course requires aspirants to complete class 10+2 or pass examinations from any recognized school or board. A college seeks a minimum of 50% aggregate marks as their criteria of scoring marks to qualify for the B.Com Economics course entrance exam. Age plays a vital role in the admission process as the required age is between 17 - 25 years.

How To Get Admission for B.Com Economics?

The admission procedure for the B.Com Economics course can either be via merit or an entrance exam score. Aspirants must initially accomplish excellence in the entrance examination to clear the final admission process and its eligibility criteria. The course falls under the umbrella of B.Com and therefore the admission process does not change drastically for the students. The steps for B.Com Economics are mentioned below:

How to Apply?

Colleges and universities have adopted a new method in the B.Com economics admission process through online mode. This mode is very simple compared to the other general methods here; the aspirants have to visit the official college or university's websites and fill in the required information. The other methods require aspirants to visit the campus personally to submit the documents.

Selection Process

Completing the entrance exams and submitting the merit marks, the final list of selected aspirants is set out for the selection process.

Read More on B.Com Admission

Popular entrance exams for the aspirants pursuing the B.Com economics eligibility for admission, this entrance exam are conducted by the governing body of the college or the universities, and the board members also set the pattern of the examinations.

Mentioned below is the list for the BCom economics entrance exams:

A Quick Glance at the B.Com Economics Entrance Exams

Eligibility criteria for the B.com Economics aspirants are dependent entirely upon the exam conducting body. The members of the board decide who and what is to be set for the entrance exams. The pattern of online or offline modes also depends on the board members.

Mentioned below is the list of a few glance at the entrance exams:

  • The questions would be complete for science subjects like mathematics, economics, and commerce.
  • The objective-type questions are favorable to appear in the exams.
  • The exam mode of online or offline is dependent on the board.
  • The standards of the questions are high.

Top 10 B.Com Economics Colleges in India

Top B.Com Economics colleges for aspirants pursuing the course are rated through the academics and the popularity of the colleges or the universities. India has the top colleges for BCom economics colleges as compared to any country.

Mentioned below is the list of top BCom economics colleges and universities:

Top B.Com Economics Colleges in India 

S.No.

Top College for B.Com Economics

1

Shri Ram College Of Commerce

2

Loyola College Chennai

3

St. Xavier’s College

4

Christ University

5

Hindu College New Delhi

6

Lady Shri Ram College for Women

7

St. Joseph’s College Of Commerce

8

Narsee Monjee College Of Commerce and Economics

9

Symbiosis College Of Arts and Commerce

10

St. Xavier’s College

Fee Structure for B.Com Economics

The average fee structure for the b com economics course is INR 1 LPA, and this structure may fluctuate from college to university depending upon the reputation and the popularity of the college in the field of academics and infrastructure wise.

Mentioned below is the BCom economics fees structure of colleges:

B.Com Economics Fees Structure 

College

Fee Structure

Shri Ram College Of Commerce, New Delhi

INR 1.5 LPA

Loyola College, Chennai

INR 2.1 LPA

St. Xavier’s College, Mumbai

INR 2 LPA

Christ University, Bangalore

INR 2 LPA

Hindu College, New Delhi

INR 1.9 LPA

Syllabus and Subjects for B.Com Economics

B.Com in Economics syllabus and subjects for the aspirants pursuing the course must have mathematics, economics, English, and commerce as their major subjects in class 12.

Mentioned below is the list of major subjects for the B.Com Economics course:

  • Econometrics
  • Economic policy
  • Legal studies
  • Money and banking
  • Global finance
  • Economic history
  • International trade
  • Collective decisions

Read More about B.Com Economics Syllabus and Subjects

Why Choose B.Com in Economics?

Selecting the perfect course is a very critical period for the aspirants. The right course can change the career in the better half, or the wrong one could harm the career. Mentioned below are a few topics in detail about "why choose B.Com Economics?"

broad-based commerce degree along with the opportunity to specialize in business management and economic practices

What is B.Com Economics All About?

B.Com Economics course is a 3-year undergraduate course that focuses on a commerce degree with specialization and opportunity in economics practices and business management. The relative subjects of mathematics, economics, and commerce, respectively. This course inspires aspirants to graduate and work for the best companies. The course is all about research and productions and distributions of goods and services in the industrial sectors. The job opportunities for the young graduated aspirants are available in various sectors, be it public or private industries or companies such as banking, auditing, financial companies, research companies, account managing, etc. The salary of the graduated B.Com in Economics aspirants is also rising with job scope and opportunities.

What Does a Economists Do?

BCom economics duration for a 3-year undergraduate course for graduated aspirants has various job opportunities to avail after completing the course. Some of the most common career options are banking, finance, treasurer, etc.

Research and Development: The Economists also research and develop their ideas of business methods in due course.

Designing Product: The designed idea is examined during the examinations, and an important alter is made.

Systems Management: The work of skilled and experienced Economists is processed in systems management.

Marketing: After producing the idea and completing the task, the product is sold out in the market to the top companies to avail the business idea.

Reasons Why B.Com Economics Can Fetch You a Rewarding Career?

Demand: First, the need for business and trade is on the people's urge, but with time, the techniques and teaching in the business have changed with new formats. The demand for economists comes to rise with the business idea in daily life. Third, companies and industries are dependent on economists to expand their empire with ideas and techniques.

Decent Salary and Job Growth: According to Payscale, the average salary of a B.Com Economics in India is INR 7 LPA, and the highest package is INR 25 LPA. That depends on the experience and the skills of the aspirants.

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Preparation Tips for B.Com Economics

The professionals give out preparation tips for the B.Com Economics for the aspirants to give their full time of studies with little help.

Know the Syllabus: The first thing is that aspirants must have a basic and wide knowledge of the syllabus set for the exams.

Make a Plan: Aspirants must work according to the plan set by them to craft the examinations.

Strengthen Your Fundamentals: Aspirants need to focus more on the course than preparing for the entrance exams.

Scope of Higher Education

Aspirants can pursue even more higher education after completing the B.Com Economics course. In addition, there are even more various job opportunities for the aspirants with more than a greater degree in the business field.

Mentioned below is the list of higher educations:

Salary of a B.Com Economics

According to Payscale, the average salary of a B.Com Economics is INR 8 LPA in India. However, this value varies depending on the metropolitan city.

According to the Times of India, a B.Com Economics graduate can earn somewhere between INR 12 LPA.

Read More about B.Com Economics Salary

Career Options After B.Com Economics

After completing the BCom economics course details, the eligible aspirants can pursue various jobs in public and private sectors depending on the choice and needs and preferences.

Mentioned below is the list of industries that employ Economists:

  • Banking
  • Finance
  • Power
  • Textiles Industries
  • Ports
  • Aviation
  • Tours and Travels

Mentioned below is the list of various public sectors that employ Economists:

  • Indian Railways
  • Indian Armed Forces
  • Oil and Natural Gas Corporation
  • Indian Space Research Organisation
  • State Wise Road Transport board
  • Indian Oil Corporation
  • BHEL

Skills That Make You The Best Economists Professions

B.Com Economics has proven to be a prime exercise in business studies, understanding the economic concepts and principles of economics theory, and modeling competent use and approach to the business studies.

Mentioned below is the list of skills that make you the best economists professions:

  • Critical thinking
  • Knowledge of how markets operate
  • An understanding of business
  • Analytical skills
  • Communication skills
  • Detail-oriented
  • Math skills
  • Writing skills
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