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All About B.com (Bachelors of Commerce)
BCom or Bachelor of Commerce is a three-year undergraduate course imparted in regular as well as distance education mode.
BCom is the second most popular undergraduate course in the Commerce branch. Under BCom, there are three most popular courses namely :-
- The first is B.Com or BCom-General
- Second is B.Com (Honours)
- Third one is B.Com LLB
The BCom or BCom-General is also referred to as BCom-Pass by many universities.
In the BCom course, candidates are taught core subjects related to commerce and finance. In the three-year duration, the candidates are given options to choose from a few elective subjects too.
The program is usually spread over six semesters during which the student is taught topics like financial accounting, corporate tax, economics, company law, auditing, business management, etc.
BCom is the best option for students who want to make a career in commerce, accounting, finance, banking and insurance. BCom is also ideal for those who wish to pursue Chartered Accountancy, Cost Accounting and Company Secretaryship.
After completing BCom, students can also pursue career in management, teaching, advertising, law, journalism, mass communication, law, design, etc.
The average starting salary of a BCom graduate is Rs 3 lakh and upwards.
BCom Eligibility Criteria
Unlike technical and vocational courses, BCom is offered by almost all the universities and colleges in India in regular as well as distance education mode.
Eligibility criteria for BCom course:
- The candidate must have studied Commerce in class 11 and 12 with Accountancy, Business Studies, Economics, Maths/optional subject and English as main subjects.
- The candidate must meet the minimum cut-off criteria for admission to the college applied to.
- The minimum cut off marks criteria may be different in each college/university’s as it is subject to the college/university’s own admission criteria for that year
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Factors influencing the minimum cut off marks for B(Com) admission are a total percentage of candidates passing in Commerce in boards, the highest score in Commerce, the average score in Commerce, minimum cut off marks of the previous year, etc.
Jobs after B.com
In today’s job market, only a BCom degree is not enough. After completing the degree, students must pursue post-graduation in Commerce, Accounting and Finance.
Courses like MCom, MBA, CA, CS etc. are a good options for B Com graduates. BCom graduates can also prepare for competitive exams for appointment in Government sector.
But those who wish to start working immediately after completing the BCom course, can find various jobs at junior level in accounting, commerce, banking and finance and related fields. They can also seek jobs in public sector undertakings.
Some of the job profiles for BCom graduates are listed below:
|BCom jobs||Average salary|
|Accountant||Rs 2 lakh per annum and above|
|Financial Analyst||Rs 3.7 lakh per annum and above|
|Financial Consultant||Rs 5 lakh per annum and above|
|Account Executive||Rs 2.5 lakh per annum and above|
|Jr Accountant||Rs 1.75 lakh per annum and above|
|Business Consultant||Rs 9 lakh per annum and above|
|Accounts Manager||Rs 5.8 lakh per annum and above|
|Business Executive||Rs 3 lakh per annum and above|
|Tax Consultant||Rs 4.5 lakh per annum and above|
*The salary data has been obtained from trusted websites.
BCom graduates are hired for various junior level profiles in the finance, accounting, banking, commerce, HR and administrative departments of organizations. BCom graduates are also hired by accounting and auditing firms as well as banks and insurance companies.
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