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Bachelor of Commerce (B.Com)

Bachelor of Commerce (B.Com)

 

B.Com or Bachelor of Commerce course is a three-year UG degree course recognised by the Universities Grants Commission (UGC). Along with the full-time delivery mode, one can also pursue Distance B.Com or Online B.Com course. B.Com is one of the most popular courses amongst the Class 12 graduates with the Commerce stream. As per the AISHE reports, with nearly 9.33 lakh enrolment, B.Com has been the third most desired course in India after Class 12. Besides B.Com, candidates can also pursue B.Com (Honours) if they wish for in-depth knowledge in the Commerce stream.

The honors course is designed to offer knowledge in specialized subjects; while, the general B.Com course focuses on an overview of all the subjects under the umbrella of the Commerce stream. Apart from B.Com General or B.Com Hons, several universities offer integrated B.Com courses; B.Com LLB, B.Com MBA and B.Com CMA are a few of the integrated courses on offer.

The three year B.Com course is divided into six semesters. Students pursuing the course can choose elective subjects of their choice in some semesters. Subjects taught during a B.Com degree course includes Financial Accounting, Business Laws, Economics, Taxation, Auditing, Cost Accounting, among others. With a B.Com degree, one get an option to start a career in related fields such as Finance, Accounting, Banking, Insurance, etc. The average starting salary of a B.Com graduate is INR 3 LPA. Besides B.Com, a major chunk of students passing Class 12 with Commerce stream aspire for Chartered Accountancy, Company Secretaryship, and Cost Accounting. After completion of the B.Com course from a recognized institute, one can go for courses in teaching, advertising, journalism, mass communication, design, law, etc.

Jobs Opportunities:-

B.Com offers a wide variety of career options. Apart from studying further and doing a job in the field of Chartered Accountancy and Company Secretaryship, there are many other job options that you can select as per your choice and skills. Candidates can apply in various sectors such as Banking, Finance, Insurance, Accounting, Taxation etc.

Job Roles Job Description
Tax Consultant It is known to be one of the most lucrative options because taxation is a kind of field that affects everyone. So, here also the demand is really high.
Auditor An auditor holds a very important position in a company as he/she basically keeps a check upon the financial statements and accounting ledger of the different companies.
Stock Broker B.Com helps to make the foundation of being a stock broker. After B.Com they need to complete many other degrees and certificates in order to become a stockbroker. 
Export-Import Manager During graduation, you will also be trained in this field. All the companies which deal in the export and import of goods will definitely require an export-import manager. You can join at an entry-level position in a company and then soon you will attract excellent pay in this field.
Accountant After the completion of the B.Com course, it is one of the most ideal and common choices made by a Bachelor of Commerce graduate. One other advantage of going for this course is that accountants are required in every company due to which they need for accountants. The initial payment will be less but gradually you will have a hike in your pay package.
Finance Consultant The financial future of a company is planned by a financial consultant. They basically tell about the profitable investments and other beneficial plannings that are required in a company.
Banker A Bachelor of Commerce graduate can easily get a job in the bank by cracking their entrance exam. You can either go for a public sector bank or a private sector bank.
Insurance Consultant An insurance consultant is quite similar to the finance consultant. One minor difference between the two is that an insurance consultant generally plans about backup plans if any accidental disaster occurs.