BCom – Full form, BCom Eligibility, BCom Course Fees, and BCom Salary in India

BCom is a bachelor’s degree program that can be pursued after completing the 10+2 education. The BCom course duration is three years which may be further divided into six semesters. BCom typically focuses on business and commerce-related subjects.

The BCom full form is Bachelor of Commerce. BCom course subjects are accounting, economics, finance, marketing, management, business law, and organizational behavior. These form the foundation of business education and provide a broad understanding of business operations.

Many BCom degree courses offer specializations or concentrations that allow students to focus on specific areas of interest within commerce. Common specializations include Accounting, Finance, Marketing, Human Resource Management, International Business, and Entrepreneurship.

Many top institutions in India offer admission to BCom degrees. Some of the top BCom colleges in India include Shri Ram College of Commerce (SRCC), Delhi; Lady Shri Ram College for Women (LSR), Delhi; Loyola College, Chennai; St. Xavier’s College, Mumbai; Christ University, Bangalore; and Hindu College, Delhi.

Generally, the top BCom colleges in India offer admission to BCom degrees based on the entrance test scores, mainly CUET. The BCom course fees in India range from ₹30,000 to ₹2,00,000 per year.

There are numerous jobs for BCom graduates, such as Accounts Executives, Accountants, Finance Executives, Accounts Assistants, Business Development, Customer Relationship Managers, Sales Management, etc. The BCom salary in India is INR 2.5 to INR 4 LPA.

Table of Content

BCom Course Highlights

BCom Eligibility Criteria

The eligibility criteria for a Bachelor of Commerce (BCom) degree may vary slightly from university to university. However, here are the general BCom eligibility requirements that most universities typically have:

1. Educational Qualifications:

Candidates must have completed their 10+2 or an equivalent qualification recognized by the institution.

1. Academic Requirements:

Candidates must have achieved a minimum aggregate percentage of 50-55% in 10+2 examinations. This percentage requirement can vary from university to university.

1. Entrance Exams (if applicable):

Some universities may require students to pass specific entrance exams as part of their admission process. These exams may test proficiency in subjects like mathematics, English, and general aptitude.

BCom Entrance Examinations

The following are the BCom entrance examinations in India –

• CUET (Common University Entrance Test)
• IPU CET (Indraprastha University Common Entrance Tes)
• SAT (Scholastic Assessment Test)
• NMIMS-NPAT (Narsee Monjee Institute of Management Studies - National Test for Programs After Twelfth)
• DU JAT (Delhi University Joint Admission Test)
• SET (Symbiosis Entrance Test)
• BHU UET (Banaras Hindu University Undergraduate Entrance Test)
• AIMA UGAT (All India Management Association - Under Graduate Aptitude Test)
• AMU Entrance Exam (Aligarh Muslim University Entrance Exam)

BCom Admission Procedure

The BCom admission procedure typically involves the following steps:

• Eligibility Check: Ensure you meet the eligibility criteria, which usually include completing your 12th grade (with a minimum percentage, often around 50-60%) from a recognized board. Some universities may have specific subject requirements, like having studied Commerce in high school.
• Application Form: Fill out the application form for the college or university offering the BCom course. This can usually be done online or in person, depending on the institution.
• Merit-Based or Entrance Exam:
  • Many colleges offer merit-based admission, where students are admitted based on their 12th-grade marks.
  • Some universities may conduct an entrance exam for BCom admission, particularly for specialized courses or prestigious institutions.
• Document Verification: After applying, you may need to submit documents such as your 12th-grade mark sheet, ID proof, photographs, and category certificates (if applicable) for verification.
• Counseling or Interview: In some cases, you might need to attend a counseling session or interview as part of the admission process, especially for courses with limited seats.
• Fee Payment: Once selected, you’ll need to pay the admission fee and other applicable charges to confirm your seat.

Top Colleges/ Universities offering BCom Course

The top BCom colleges in India are as follows –

• Shri Ram College of Commerce (SRCC), Delhi
• Lady Shri Ram College for Women (LSR), Delhi
• Loyola College, Chennai
• St. Xavier’s College, Mumbai
• Christ University, Bangalore
• Hindu College, Delhi
• Hansraj College, Delhi
• Narsee Monjee College of Commerce and Economics, Mumbai
• St. Joseph’s College of Commerce, Bangalore
• Madras Christian College (MCC), Chennai

BCom Specializations

There are many specializations in which a BCom degree is granted. Some of the common BCom specializations are as follows –

• Accounting and Finance
• Banking and Insurance
• Taxation
• Economics
• Marketing
• Human Resource Management
• Entrepreneurship
• International Business
• Supply Chain Management
• Information Systems
• Business Analytics
• Financial Markets
• Retail Management
• E-commerce

BCom Syllabus/ Subjects

The BCom syllabus is vast, so it has been divided into six semesters to make it easy to understand. The following table mentions the BCom course subjects –

BCom Fees

On average, the BCom fees in India lie between INR 10,000 and INR 1 lakh. This may vary from college to college. The BCom fees in top BCom colleges in India is mentioned in the below table –

BCom Career Prospects

There are various jobs for BCom graduates in fields like finance, accounting, marketing, human resource, IT, etc. The various job prospects for BCom graduates are –

• Account Specialist
• Senior officer
• Analyst
• Accounts Executive
• Accountant
• Finance Executive
• Accounts Assistant
• Business Development
• Customer relationship management
• Accounts Intern
• Executive
• Sales Management
• Associate
• Back Office Executive
• Field Sales Executive
• Customer Service Assistant
• HR Executive
• Account Executive
• Account Head
• Credit Manager
• Agency Manager
• AIM Management
• Assistant
• Graduate Trainee

BCom Salary in India

The salary for Bachelor of Commerce (BCom) graduates in India can vary widely depending on factors such as job role, company, location, and level of experience. Here’s a general overview of the salary range for BCom graduates in various sectors:

Entry-Level Positions:

For fresh BCom graduates, entry-level positions in roles like Accounts Assistant, Financial Analyst Trainee, Customer Service Executive, or Junior Accountant typically offer salaries ranging from ₹2.5 lakh to ₹4 lakh per annum.

Mid-Level Positions:

With a few years of experience, BCom graduates can progress to roles such as Accountant, Financial Analyst, Tax Analyst, Business Analyst, or Marketing Executive. Salaries at this level range from ₹4 lakh to ₹8 lakh per annum.

Senior-Level Positions:

Senior roles like Finance Manager, Senior Accountant, Financial Controller, or Marketing Manager can offer salaries ranging from ₹8 lakh to ₹20 lakh per annum or more, depending on the company and location.

Sector-wise Variations:

Salaries can also vary significantly based on the industry sector. For example, finance, banking, and IT sectors tend to offer higher salaries compared to sectors like retail or non-profit organizations.

BCom Top Recruiters

BCom graduates can easily find jobs in accounting, investment banking, financial analysis, wealth management, taxation, auditing, cost accounting, management accounting, brand management, digital marketing, market research, sales, recruitment, payroll, training & development, employee relations, business systems analyst, data analyst, and IT project management in following firms –

FAQs about BCom Course

Ques – What is BCom full form?

Answer – The BCom full form is Bachelor of Commerce. It’s an undergraduate degree in the field of commerce and business, typically covering subjects like accounting, economics, finance, and business law.

Ques – What is BCom eligibility for admission?

Answer – The BCom eligibility for admission is –

• Complete 12th grade (with Commerce preferred, though other streams may be accepted).
• Minimum 50-60% marks (varies by institution).
• Some colleges may require an entrance exam.

Ques – What is a BCom degree?

Answer – A BCom (Bachelor of Commerce) is an undergraduate degree that focuses on subjects related to business, finance, accounting, economics, and management. It provides foundational knowledge in areas such as accounting principles, taxation, financial management, business law, and economics, preparing students for careers in business, finance, or government sectors.

Ques – What are BCom 2nd semester subjects?

Answer – BCom 2nd semester subjects include Business Law, Environmental Studies, Corporate Communication, Financial Systems, Foreign Exchange Markets, etc.

Ques – Is BCom better than MBA?  

Answer – BCom is an undergraduate degree, ideal for entry-level roles in business, finance, and accounting. An MBA is a postgraduate degree, focused on advanced business management and leadership, often pursued after work experience for higher roles. BCom is a starting point, while MBA can lead to higher positions.

Ques – What are BCom 3rd semester subjects?

Answer – BCom 3rd semester subjects include Company Law, Advanced Economics, Income Tax Laws, Elements of Cost Accounting, Entrepreneurship, Financial Markets, Indian Economy, etc.

Ques – What is duration of BCom degree?

Answer – The duration of a BCom degree is typically 3 years in most countries. Some universities or specific programs may offer a 4-year option, depending on the curriculum or specialization.

Ques – What are BCom course subjects?

Answer – A BCom degree includes subjects like Financial Accounting, Business Economics, Corporate Accounting, Cost Accounting, Taxation, and Business Law. It also covers areas such as Management Accounting, Financial Management, Auditing, and Marketing. Specializations like Banking and Insurance may also be offered, depending on the program.

Ques – How many types of BCom courses are there?

Answer – There are various types of BCom courses, including BCom General, which covers a broad range of subjects, and specialized ones like BCom in Accounting, BCom in Finance, BCom in Computer Applications, BCom in Management, BCom in Taxation, and BCom in Banking and Insurance. Each focus on different aspects of business and commerce, allowing students to choose based on their career interests.

Ques – Can I do MCA after BCom?

Answer – Yes, you can pursue MCA (Master of Computer Applications) after completing a BCom. However, most MCA programs require a background in computer science or mathematics. If your BCom course included subjects like business mathematics or computer applications, you might meet the eligibility criteria. Some universities may also require you to take an entrance exam or complete specific prerequisite courses before admission.

Ques – Are BCom and BCom (Honours) degree same?       

Answer – No, BCom and BCom (Honours) are not the same.

• BCom is a general undergraduate degree in commerce, offering a broad range of subjects related to business, accounting, and economics.
• BCom (Honours) is a more specialized and advanced version of the BCom degree. It involves a deeper focus on specific subjects like accounting, finance, or economics, and typically requires a higher level of academic performance. The coursework in BCom (Honours) is more rigorous, and students often have to complete a research project or thesis.

In short, BCom (Honours) offers more in-depth knowledge and can provide better opportunities for higher studies or specialized careers.

Ques – What are BCom 5th semester subjects?

Answer – BCom 2nd semester subjects include International Business, Cost Accounting, Strategic Management, Principles of Marketing, Computer Applications in Business, and Advertising.

Ques – Can I do MBA after BCom?

Answer – Yes, you can pursue an MBA after completing a BCom. A BCom gives you a solid foundation in business and commerce, while an MBA focuses on advanced management skills, leadership, and strategic thinking.

Ques – What is BCom course fees?

Answer – The BCom course fees in India range from INR 30,000 to INR 2 LPA.

Ques – What is BCom salary in India?

Answer – The BCom salary in India is INR 2.5 to INR 4 LPA.

Ques – What are various jobs for BCom graduates?

Answer – BCom graduates have a wide range of job opportunities across different industries. Some common career options include:

• Accountant – Managing financial records, preparing balance sheets, and ensuring compliance with financial regulations.
• Financial Analyst – Analyzing financial data, preparing reports, and providing investment advice.
• Tax Consultant – Specializing in tax planning, filing returns, and offering advice on tax-related matters.
• Auditor – Reviewing financial records to ensure accuracy and compliance with laws and regulations.
• Banking Professional – Working in areas like retail banking, loans, and customer relations.
• Insurance Agent – Selling insurance products and providing advice on coverage.
• Business Consultant – Advising companies on business strategies, processes, and efficiency improvements.
• HR Manager – Handling recruitment, employee relations, and organizational development.
• Sales and Marketing Executive – Developing strategies to promote and sell products or services.
• Corporate Lawyer – If you pursue further studies in law, you can work as a legal advisor for businesses.