Women's Institute for Studies in Development Oriented Management Jaipur B.Com : Fees 2025, Course Duration, Dates, Eligibility

Bachelor of Commerce or B.Com. is a 3-year undergraduate degree in Commerce, the minimum eligibility for which is passing of Higher Seconday Examination with Maths and English as core subjects. B.Com. is one of the popular undergraduate courses among students. B.Com. in India is available in three modes – B.Com. (pass course), B.Com. (Honors) and B.Com. (Vocational).

The main aim of B.Com. course is to prepare individuals who are equipped with knowledge and skills related to Economics and Business Management. It helps to provide a variety of managerial skills to an aspiring student. 

Admission Process for the course is usually merit-based, however, some colleges might conduct entrance tests for admission to this course. Some of the universities which conduct Entrance Tests are: Jamia Milia Islamia University, Delhi, Banaras Hindu University, Varanasi, Guru Gobind Singh Indraprastha University, Delhi and Narsee Monjee Institute of Management Studies, Mumbai

With about 700 degree granting universities and 35,000 affiliated colleges, there is a wide array of choice in terms of colleges and institutes. Some of the top institutes for undergraduate degree in Commerce are:?

• Loyola College, Chennai
• Christ University, Bangalore
• St. Xavier’s College, Mumbai
• Madras Christian College, Chennai
• Sri Ram College of Commerce, University of Delhi
• Lady Sri Ram College for Women, University of Delhi
• Goenka College of Commerce and Business Administration, Kolkata

The average fees charged by some of the top institutes offering the course ranges from INR 25K to 5 lacs.

Career options available after a B.Com. degree are endless. B.Com. jobs range from roles in Finance and Accounting, Banking Industry, Corporate Sector etc. Some of the sectors which employ B.Com. degree holders are Banking, Media, BPOs, Tourism Industry, Hospitality , FMCG Telecom etc. The average annual salary offered to these graduates ranges from INR 1.8 lacs to 8 lacs. 

Bachelor of Commerce: Course Highlights

Mentioned below are some of the major highlights of the course. 

Bachelor of Commerce: What is it about? 

Bachelor of Commerce degree is designed to provide students with a wide range of managerial skills, while building competence in a particular area of business. It imparts candidates with knowledge in accounting principles, export and import laws, economic policies and other aspects which impact trade and business. 

Ideally a student of B.Com. on graduating is expected to have acquired basic knowledge in a variety of fields related to an organization and business management. B.Com. degree holder is fit to work in any corporate organization or be self-employed. B.Com. graduates possess a variety of skills like accounting, tally, human resource management etc. Indian Universities offer three kinds of B.Com. courses – B.Com. (Pass), B.Com. (Honors) and B.Com. (Vocational).

Most universities plan the degree in a way that students are exposed to general business principles, taking courses in Accounting, Finance, Business Management, Human Resources, Marketing, and Economics. Some programs also require (business) statistics, (introductory) calculus and information systems. 

The course can be pursued as full-time and part-time and also through correspondence mode depending upon one’s choice. One can choose a combination of subjects apart from 1-2 compulsary subjects. These combinations vary from institute to institute. Most institutes offer change of elective subjects in the second year depending upon one’s performance or choice. 

Top institutes offering Bachelor of Commerce

Mentioned below are some of the top institutes offering the course along with their location and average annual fees. 

Eligibility for Bachelor of Commerce

The basic eligibility for admission to any of the B.Com. programs is mentioned below.

• Candidates must pass in Higher Secondary School examination from a recognized educational board
• They should have Maths and English as core subjects
• Minimum 50% marks are required at 10+2 level
• Although, candidates from Science and Arts stream are also eligible to apply, those with Commerce stream are preferred
• There is no work experience required for the course. However, students with work experience can also apply.

Bachelor of Commerce: Admission Process

B.Com. is an undergraduate course and admission process to this course typically starts after results of Higher Secondary examinations are declared. Admission to this course is usually merit-based, however, some colleges might conduct entrance tests for admission to this course.

Admission Process typically start either in May end or June starting every year, when universities and colleges release their application form. Results are declared around the mid or end of June and simultaneously admission process starts.

A student seeking admission to B.Com. course will have to go through any of the following processes:

In case of admission through cut-off percentage, students are required to secure equal to or more than the cut-off percentage.

While some universities release cut offs for admission to the program and offer admission on first come first serve basis, there are many colleges and universities which conduct Entrance Tests. In case of entrance exams, a student needs to have secured a minimum percentage in 10+2 as prescribed by the university/college.

Students who for some reason can not pursue B.Com. through the regular method can always opt for correspondance mode of study. Some of the top universities in India offer B.Com. (Pass) and B.Com. (Honors) in the correspondence mode also. Some of these universities are:

• School of Open Learning, University of Delhi
• Indira Gandhi National Open university
• Annamalai University
• Allahabad University
• Jamia Millia University
• Bangalore University
• Karnataka State Open University

Bachelor of Commerce: Syllabus and Course Description

Bachelor of Commerce degree is typically of 3 years and could be either in the annual system or semester system of assessment. Many Universities also require students to complete a project in order to earn the degree. A typical B.Com. course has following components:

• Core Subjects
• Electives
• Projects

Some of the subjects which form the core part of a Bachelor of Commerce Program are:

• Accounts
• Economics
• Statistics
• International Business
• Business Mathematics
• Business Communication

Some of the subjects which are available as electives for B.Com. students are:

• Advanced Accountancy
• Macro Economics
• Advanced Statistics
• Indian Economy
• Governance, Ethics & Social Responsibility of Business

Some of the subjects in B.Com. (Vocational) are:

• Office Management &Secretarial Practices
• Sales Promotion & Sales Management
• Principle & Practice of Insurance

B.Com. syllabus is similar, in many respects, across all universities in India. The core courses are designed to help a student learn the basics of commerce, trade and business practices in India and World.

Generally, colleges follow lecture method for imparting lessons. However, the total curriculum also includes Class Presentations – solo and group, Seminars, Workshops and Industry Visits.

Bachelor of Commerce: Career Prospects

B.Com. course imparts basic knowledge about trade and commerce practices in society and prepares a student for job opportunities in a wide variety of sectors. A B.Com. graduate can work in both public and private sectors. They are fit to work in a variety of industries and take on varied roles like administration, hospitality, accounting, marketing, retailing, production planning etc.

Career options available after a B.Com. degree are endless. B.Com. jobs range from roles in Finance and Accounting, Banking Industry, Corporate Sector etc. Some of the sectors which employ B.Com. degree holders are Banking, Media, BPOs, Tourism Industry, Hospitality , FMCG Telecom etc. There are various roles available in the Private Sector for B.Com. degree holders. Some of the roles and areas of function for students with B.Com. are:

• Accounting
• Administrative
• Auditor
• Human Resource Department
• Network Marketing
• Promotion and Advertising
• Banking and Insurance
• Market Research
• Event Management

Individuals with a B.Com. degree can apply for many government vacancies. There are also jobs in public sector which require specific skills in accounting and statistics. Some of the jobs available in Public Sector are Bank Manager, Statistical Officer, Accountant, Indian Defense Accounts Services, Civil Services etc.

Some of the job profiles associated with B.Com. program are mentioned below.

• Accountant
• Financial Advisor
• Executive
• HR Manager
• Account Executive
• Chartered Accountant
• Financial Analyst
• Tax Consultant

There is no dearth of job opportunities for candidates with Bachelor of Commerce degree. It is already established that B.Com. graduates can work in a wide variety of roles. Some of the top recruiters for B.Com. graduates are:

• Genpact
• Accenture
• Infosys BPO
• IBM
• Deutsche Bank
• Wipro
• Convergys
• Dell
• HP

Average salary offered to B.Com. graduates depends on a few factors like the institution of study, city of study, skills acquired, specialization and any additional certification or degree. For example, a candidate with a specialization or an additional certification in Hotel Management will get a better salary in Hospitality industry. Similarly someone with a B.Com. degree from one of the top universities and with a good specialization has a better chance of getting a good salary. Below is a chart for Top Salary Package offered to students in some of the best colleges in India:

Not necessarily all students who complete their Bachelor of Commerce degree, settle for a job. Many students aspire for further studies. For such students there are numerous good options available. Below is a list of options available in the academic field after completion of B.Com.

• M.Com. – Master of Commerce or M.Com. is a postgraduate degree in commerce and is an extension of B.Com. You should go for M.Com. if you have an urge to study commerce subjects and gain a deeper insight of how an organization works. All major universities in the country offer M.Com. program. Generally an entrance is held for admission to this program.
• MBA – Master of Business Administration or MBA is one of the popular options for Bachelor of Commerce graduates. A B.Com. degree gives an edge to MBA aspirants as some of the subjects taught in B.Com. are repeated in the curriculum during the first year of MBA.
•  CA – Chartered Accountancy or CA can be pursued with or after the B.Com. course. A background and understanding of commerce helps in the completion of the CA course. Since Accounts is a compulsory paper for B.Com. students, it is helpful when pursuing CA.
• CS – Company Secretaryship or CS is another popular option and can be pursued along with a b.Com degree. CS prepares an individual for regulatory roles in an organization.
• ICWAI – ICWAI prepares cost accountants who control and manage cost of an organization. This course can also be pursued vis-à-vis graduation.
• CFA – Chartered Financial Analyst or CFA is also a professional course and gives a deeper understanding of the financial aspects in an organization. It spans a wide variety of subjects like Economics, Derivatives, Accounting, Portfolio Management, Funds etc.
• Law – A student can also opt for LLB after B.Com. With Business Law as part of the curriculum it is also a viable option.
• Actuarial Science – Actuarial Science is an offbeat discipline but also has high-paying potential. Actuarial Science helps an individual to develop mathematical and statistical skills to assess risk in finance, insurance and other industries.
• CMA – Certified Management Accountant or CMA is a professional course and helps an individual to learn skills pertaining to financial planning, control, analysis, decision support and company ethics.
• CFP – Certified Financial Planner or CFP is a professional degree for financial planners and is ideal for students who wish to pursue a career in Financial Planning.

Candidate must have passed 10+2 from a recognized board.

Students are selected on the basis of their marks in the qualifying exam. The admission council of the University, scrutinize the applications on the basis of student’s marks in 10+2. Successful candidates are informed about their selection by the University.

Admission to Foreign/NRI/NRI Sponsored Candidates

The University has reserved the limited number of seats in each programme for Foreign/NRI & NRI sponsored candidates. Admission to these seats is based on the marks in the qualifying examination (as the students do not have to appear in the aptitude test). The minimum eligibility criteria are 40% marks in aggregate in the qualifying examination (for B.Sc programme 50% marks are desired). Following documents are required to be produced at the time of admission:

• Original certificates & marks sheets of the qualifying exam
• Attested photocopies of the passport & visa of the applicant or guardian
• Foreign/NRI account number of the applicant/guardian
• Statement regarding NRI status of the student or guardian