BCom or Bachelor of Commerce is an undergraduate 3 year full time degree program that provides educational expertise in the commerce stream. Students who studied commerce as the main subject in 12th standard of schooling can opt for the BCom course.
BCom courses are classified into different types and 38 different specialization programs are offered across India. Students completed 12th in schooling are eligible for all these programs and can get admitted into all the affiliated universities present in all the Indian states. Currently, there are 6175 BCom colleges in India, offering different BCom specializations.
Types of BCom.
- BCom Applied Economics
- BCom Economics
- BCom Marketing
- BCom Accountancy
- BCom Finance
- BCom Accounting and Finance
- BCom Banking and Finance
- BCom Banking Management
- BCom Banking and Insurance
- BCom Insurance Management
- BCom Tourism and Travel Management
- BCom Business Economics
- BCom Business Administration
- BCom Computer Applications
- BCom Corporate Secretaryship
- BCom E-Commerce
- BCom Financial Markets
- BCom Financial Accounting
- BCom Foreign Trade Management
- BCom Professional
- BCom Management Studies
- BCom Statistics
- BCom Supply Chain Management
- BCom Tax Procedure and Practice
- BCom Taxation
- BCom Capital Market
- BCom Computer Science
- BCom Accounting
Among the above mentioned types, only a few BCom specializations like BCom General, Banking, Finance, Accountancy, Honours, Economics, etc. are some of the popular BCom courses.
Difference Between BCom vs BCom Honours Courses
Both BCom and BCom Honours are the same in most of the things even though both of them are different courses. Both of the courses differ only in a few parameters like, students who studied computer as main subject in 12th can apply for BCom general whereas BCom honours can be opted only by those who studied commerce as a main subject in 12th.
Note: Additionally, those who wish to become a Chartered Accountant mostly opt for BCom Honours as it includes some more details in commerce when compared to BCom General course.
Description About Top BCom Courses
Among the different types of specializations of BCom courses present, descriptions for some of the top BCom courses are given below.
BCom in Marketing
The process of advertising a product or service of a company so that it becomes popular and thus results in an increase of customer interest is marketing. BCom in marketing allows the candidates to develop and get expertise in marketing techniques and strategies.
- The fees for BCom Marketing range from INR 5,000 to 2 Lakhs for a total of 3 years.
- Job opportunities are open in different sectors like Consultancies, Educational Institutes, Accounting Firms, Foreign Trade, Banks, Budget Planning, Merchant Banking, and Marketing.
- The average salary for those with a BCom Marketing degree ranges from INR 2 to 10 lakhs per annum.
BCom in Accountancy
It is a UG program that provides expertise in accountancy and management. Candidates who wish to become an Accountant can opt for BCom Accountancy. Candidates with this degree have job opportunities in sectors like banking, management and accounts.
- The fees for BCom Accountancy ranges from INR 5,000 to 1 Lakhs for every year.
- Job opportunities are open in different sectors like Accountant Manager, Finance Manager, Account Executive, Financial Analyst, Chartered Accountant, etc.
- The average salary for those with a BCom Accountancy degree ranges from INR 2 to 10 lakhs per annum.
See Also: BCom Accountancy Top Colleges
BCom Finance
BCom Finance is an UG course that gives specialization in the finance sector. Topics related to banking, finance, trade, and economy are covered in the BCom Finance program. Candidates with this UG degree can get job opportunities in sectors related to money and finance.
- The fees for BCom Finance range from INR 10,000 to 6 Lakhs for 3 years.
- Job opportunities like Money Market Dealer, Financial Research manager, Security Analyst, Financial Planning Associate, Personal Finance Consultant, Auditors, Investment Manager, etc. are open to the graduates of BCom Finance.
- The average salary for those with a BCom Finance degree ranges from INR 5 to 10 lakhs per annum.
BCom in Applied Economics
BCom in Applied Economics provides specialization in Applied Economics. It provides enough knowledge to the students so that they can handle economical issues and can solve these issues and solve them in beneficial ways to the organization they are working for. The students are given basic knowledge, the structure and process involved in the governance of the economy.
- The fees for BCom Applied Economics range from INR 30,000 to 6 Lakhs for 3 years.
- Job opportunities like Data Analyst, Economics Teacher, Assistant Manager, Lead Modeler, Statistical Assistant etc. are open to the graduates of BCom Applied Economics.
- The average salary for those with a BCom Applied Economics degree ranges from INR 3 to 16 lakhs per annum.
BCom in Banking and Finance
As the name suggests, this program gives specialization in both the banking and finance sectors. Basics in banking, banking laws, regulations, finance, and accounting are covered in this program. Graduates with this degree can get placed in Banks, Financial Organizations, etc.
- The fees for BCom Banking and Finance ranges from INR 15,000 to 3 Lakhs for 3 years.
- Job opportunities like Accountant, Cashier, Auditor, Loan Officer, Market Analyst, Sales Officer, Sales manager etc. are open to the graduates of BCom Banking and Finance.
- The average salary for those with a BCom Banking and Finance degree ranges from INR 3 to 4 lakhs per annum.
BCom in Banking and Insurance
This is also one among the types of BCom courses that provides specialization in banking and insurance fields. Candidates who aim for a job in either the banking or insurance sector normally opt for this course. It gives knowledge of insurance policies, procedures involved in approving a claim, regulatory agencies, etc. along with the banking laws.
- The fees for BCom Banking and Insurance range from INR 14,000 to 10 Lakhs for 3 years.
- Job opportunities like Accountant, Financial Advisor, Marketing Agent, Sales Representative, Claims Officer, etc. are open to the graduates of BCom Banking and Insurance.
- The average salary for those with a BCom Banking and Insurance degree ranges from INR 2 to 20 lakhs per annum.
BCom in Business Administration
BCom in Business Administration is a UG program that gives knowledge in managing a business administration from the finance, accounts and commerce point of view. It helps in developing practical, managerial, communication skills, and business decision-making skills that altogether make a student a successful manager.
- The fees for BCom Business Administration range from INR 10,000 to 2 Lakhs for 3 years.
- Job opportunities like Marketing Manager, Retail Manager, Exporters, Importers etc. are open to the graduates of BCom Business Administration.
- The average salary for those with a BCom Business Administration degree ranges from INR 2 to 20 lakhs per annum.
BCom in Computer Applications
It is one type of specialization offered in the BCom program that enables students to gain knowledge in computers, software and programming along with a Commerce background. Students with this degree can get job opportunities in famous accounting companies which normally have many accountants and normally work as accountants for various organizations.
- The fees for BCom Computer Applications range from INR 15,000 to 2 Lakhs for 3 years.
- Job opportunities like Business Analyst, Business Consultant, Auditor, Computer Programmer, App Developer etc. are open to the graduates of BCom Computer Applications.
- The average salary for those with a BCom Computer Applications degree ranges from INR 3 to 6 lakhs per annum.
BCom in E-Commerce
This course gives specialization in E-Commerce which means the online shopping of products. It is a modernized course that imparts knowledge about E-Commerce to the students.
- The fees for BCom E-Commerce range from INR 5,000 to 30,000 every year.
- Job opportunities like Business Consultancies, Foreign Trade, Educational Institutes, Investment Banking, Public Accounting Firms, Marketing, Public Accounting Firms, Working Capital Management, Treasury and Forex Department, etc. are open to the graduates of BCom E-Commerce.
- The average salary for those with a BCom E-Commerce degree ranges from INR 3 to 6 lakhs per annum.
BCom in Information Technology
It offers basic knowledge in computer and IT fields with respect to the core of commerce. This course is recently formulated because of the largely used IT and software tools by the accountants, auditors, finance analysts etc.
- The fees for BCom Information Technology range from INR 10,000 to 3 lakhs for 3 years.
- Job opportunities like IT system engineer, Assistant auditor, System analyst, Financial Information analyst, Business analyst etc. are open to the graduates of BCom Information Technology.
- The average salary for those with a BCom Information Technology degree ranges from INR 2 to 5 lakhs per annum.
BCom in Management Studies
It gives management related knowledge to the students with respect to the commerce domain. Students are given training in the nature of organizations, management, communication with national and international organizations etc.
- The fees for BCom Management Studies range from INR 5,000 to 1 lakh for 3 years.
- Job opportunities like Business analyst, data analyst, management analyst, marketing manager, production manager etc. are open to the graduates of BCom Management Studies.
- The average salary for those with a BCom Management Studies degree ranges from INR 2 to 10 lakhs per annum.
Types of BCom Honours
BCom Honours or BCom Hons. is a 3 years undergraduate course that offers the candidates much more in depth knowledge about different specializations chosen by the candidates. The candidates choose the types of BCom Honours based on their job preferences and others select them so that they can prepare for the professional examination such as CA, CMA or CS.
The following are some of the top types of BCom Honours that the candidates can pursue in India.
- BCom (Honours) in Accountancy: The duration of this type of BCom honours is 3 years. BCom (Honours) in Accountancy course allows the candidates knowledge about expressing the business information in the format of Financial sheets and statements. It helps them to understand the present financial condition of the existing business and suggest the remedies for them. The top colleges are Banaras Hindu University, Jamia Millia Islamia (JMI), University of Mumbai, etc
- BCom (Honours) In Accounting and Finance: This type of BCom Honours can be pursued by aspirants that have interest in the field of economics and mathematics. BCom (Honours) In Accounting and Finance course provides comprehensive knowledge in the field of accounting, macro and micro economic theory, business organizations and organisational behaviour. The top colleges are Hans Raj College, Hindu College, Goenka College of Commerce and Business Administration (GCCBA Kolkata), etc
- BCom (Honours) in Economics: BCom Hons. in Economics allows the aspirants to develop a comprehensive knowledge about the macro and micro economy, econometrics, economic policy and many more. The duration of the course is for a period of 3 years. The top colleges are Shri Ram College Of Commerce, Loyola College Chennai, Hindu College New Delhi, etc.
- BCom (Honours) in Marketing: The duration of this type of BCom honours course is for a period of 3 years. The courses offer a detailed knowledge about the various forms of marketing, advertisement and sales promotion related activities in a business. This honours can be pursued by candidates who wish to pursue professional courses such as MBA in Marketing in the future. Some of the colleges that offer BCom (Hons) in Marketing are Dum Dum Motijheel Rabindra Mahavidyalaya, Kolkata, Sir Gurudas Mahavidyalaya, Kolkata, etc
Types of BCom: FAQs
Ques: Which type of B Com is best?
Ans: It is difficult to assign the tag of best to a particular type of BCom course. Every type of BCom comes with their own set of Pros and Cons. However, the most popular BCom Specializations are B.Com (Economics), B.Com (Accounting & Finance), B.Com (Banking & Insurance), BCom (Marketing).
Ques: Which BCom course is easy?
Ans: The best answer to this question would be it depends on the candidates. Suppose a candidate has interest in marketing so he or she will find the BCom marketing course much easier to study as compared to BCom in accounting and finance.
Ques: What are the benefit of B Com?
Ans: A BCom degree will allow the candidates to develop skills regarding a wide range of the subjects pertaining to management, organisational structures and many more. The course can act as a foundation of different professional courses such as MBA, CA, CS, etc.
Ques: What is the full form of BCom?
Ans: The full form of BCom is Bachelor of Commerce.
Ques: Is there maths in BCom?
Ans: Maths is not compulsory at the BCom Level. However, aspirants must know about the basic mathematical operations such as division, additions, subtraction and in some cases about differential and integral calculus.
Ques: What are the subjects in BCom 1st year?
Ans: Bcom first year subjects include Financial accounting, Management, economics, maths, etc.
Ques: What is the salary of BCom in India?
Ans: A BCom graduate in India earns around INR 4.4 lacs per annum.
Ques: Is B Com easy or difficult?
Ans: With the right amount of practice and labour the BCom aspirants can easily pass the course without any type of setbacks
Ques: Is B Com good for IAS?
Ans: The IAS Curriculum is divided from a wide range of subjects that includes science subjects, history, geography, etc, Thus, BCom subjects many not be enough for IAS preparation
Ques: Is it worth doing an MCom after BCom course?
Ans: MCom is the advanced version of BCom course. It is the immediate choice for BCom graduates. Those planning to go for a doctoral degree in commerce should opt for MCom. However, there are other professional courses like Financial Risk Management which can help one get higher salary packages and fancy job opportunities.