Bachelor of Commerce [B.Com] (Accountancy) - Latest Notifications
- 18 June, 2024 : test
BCom Accountancy is a 3 year Bachelor's degree with 6 semesters that focuses on accountancy, Finance, Taxation, and Economics with the aim of providing sound knowledge in business and financial matters.
The basic eligibility for BCom Accountancy is (10+2) or a diploma degree. The admission process for the BCom Accountancy usually is based upon the entrance examination or merit. The fee structure for the course ranges from INR 3,000 to INR 1, 00,000.
See Also: Top BCom Accountancy Colleges in India
An undergraduate degree enables a candidate to gain knowledge of a certain subject. BCom Accountancy program teaches candidates how to impose that gained knowledge to the field of commerce sector. Those Candidates who are obtaining advanced degrees in this program also accompany the experience as well as greater knowledge.
The Candidates who will be pursuing this degree will have the opportunity to work in various sectors and roles as an Accountant Manager, Finance Manager, Operations Manager, Account Executive, Financial Analyst, Executive Assistant, Chartered Accountant, etc. The salary package of graduates in the course ranges from INR 2,00,000 to INR 10,00,000.
Table of Content
2.1 Why study BCom Accountancy?
3.1 Eligibility
3.2 Entrance Exams
BCom Accountancy Course Highlights
| Course Name | BCom Accountancy |
| Full-Form | Bachelor of Commerce in Accountancy |
| BCom Duration | 3 Years |
| Age | There is no specific age limit |
| Minimum Percentage | A minimum of 45% to 50% is required in (10+2) to be eligible for admission in the course |
| Subjects Required | (10+2) Commerce stream |
| Average Fees Incurred | INR 5,000 to INR 1,00,000 per annum |
| Top Recruiting Companies | Every year Companies from the sectors of various Business Consultancies /agencies, Educational Institutes (both private/government), Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, and Marketing, etc come for the recruitment of candidates. |
| Average Salary Offered | INR 20,00,000 to INR 10,00,000 per annum |
| Employment Roles | Accountant, Finance Manager, Operations Manager, Account Executive, Financial Analyst, Executive Assistant, Chartered Accountant, etc. |
BCom Accountancy: What is it about?
BCom Accountancy has been planned to furnish qualified candidates with the mandatory skills needed to operate in the field of Statistical and Management of co-operative institutions and associated enterprises.
- The Course enables candidates to pursue a career in the field of accountancy and management.
- The ideology is based upon the concepts of giving candidates opportunities in the field of commerce that is banking, accounts, taxes, and management.
- For BCom Accountancy, the candidate must complete the degree in Minimum 3-Years and Maximum 5-Years of duration.
- The Time period for competency can vary as per the different universities or college's policies and syllabus provided.
- There are enormous job opportunities accessible after the successful completion of the course.
- The admission process for the BCom Accountancy usually is based upon the entrance examination or merit.
- The salary package of graduates in the course ranges from INR 2,00,000 to INR 10,00,000 per annum. The fee structure for the course ranges between INR 3,000 to INR 1,00,000 per annum.
Why Study BCom Accountancy?
The requirement for BCom Accountancy graduates will always be existing. In the upcoming time, the employment ratio would almost be increasing. Some interesting facts about why people choose to pursue BCom Accountancy:
- The course explores subjects such as economic, social science, cultural needs and aspects.
- It is made sure that they are functioning democratically and also found in rural areas.
- This helps to save and protect the member’s interest in this field. A candidate pursuing a career has many options available.
- A candidate can decide to study further in the field as the aspect ratio is high and this field is evergreen.
- The candidates who complete their bachelor's degree can opt to work either in the public sector or the private.
BCom Accountancy Admission Process
The admissions to the BCom Accountancy program is based on both entrance examinations and merit-based depending on the University or college.
Check: BCom Admission Process
- Candidates can either fill the admission form from the college website or offline that is by visiting the college campus.
- Candidates have to fill in the required details along with the existing documents.
- Candidates are highly advised to have a look up the list of Entrance Exams that are applicable for BCom Accountancy as mentioned on the websites of different Universities.
- Candidates should be sure that they qualify in the entrance exam and merit as required eligibility criteria with the minimum marks as per the particular evaluation process.
BCom Accountancy Eligibility
The eligibility criteria for the BCom Accountancy program are mentioned below:
- The candidate must have completed (10+2) with commerce or arts from a recognized board or university.
- Minimum of 45% to 50% aggregate marks in the qualifying exam.
- The eligibility percentage varies as per different universities and colleges.
- Candidates are highly advised to visit the respective college website for further details.
BCom Accountancy Entrance Exams
Some important dates of these entrance examinations can be given in the table shown below:
| Exam | Exam Date |
|---|---|
| CUET | Check here |
| IPU CET | Check here |
| NPAT | Check here |
| AIMA UGAT | Check here |
| SUAT | Check here |
| BHU UET | Check here |
How to Prepare for BCom Accountancy Entrance Exams?
A candidate needs to have good skills and knowledge sets to qualify for the entrance examination for BCom Accountancy. A few tips to help you develop for excellent performance in the exam are given below:
- Learning about the syllabus for the entrance exam: The very first step is to download a copy of the syllabus from the respective college/ entrance exam website available. It is great to have to point out facts in the syllabus that can help one to know the depth of the subject which is included in the course.
- Reading and revising previous topics: Do read and make sure to revise topics that can be extremely essential for the point of the examination as it can help to have a perfect usage of the time and score good marks. Revising old books or topics also helps to gain conceptual learning that makes it a lot easier for the candidate during the exam time.
- The Golden rule of “Practice makes perfect”: A Candidate should practice and revise all the concepts before the exam as many times as possible so that the last moment stress can be buried away.
See Also: BCom Entrance Examinations
BCom Accountancy: Course Comparison
BCom Accountancy and BCom Finance and Accounting are similar yet are very different. Following are the points of difference and similarities:
| Parameter | BCom Accountancy | BCom Finance and Accounting |
|---|---|---|
| Duration | 3 Years | 3 Years |
| Level Type | Undergraduate | Undergraduate |
| Stream | Commerce | Commerce |
| based | Focus more on the Accountancy sector of big organizations and banks | Focus much more on the concept of accounting that is a major in practice and develops application-oriented, problem solved, and analytical skills. |
| Eligibility Criteria | 10+2 | 10+2 |
| Admission Process | Merit-based + Entrance examination | Merit-based + Entrance examination |
BCom Accountancy Top Colleges
The top colleges that provide BCom Accountancy are mentioned in the table below along with the location and fees:
| Name Of College/University | Location | Average Fees |
|---|---|---|
| Miranda House | New- Delhi | INR 14,160 |
| Lady Shri Ram College for Women | New- Delhi | INR 10,000 |
| Hindu College | New-Delhi | INR 17,560 |
| St. Stephen’s College | New-Delhi | INR 40,420 |
| Presidency College | Chennai | INR 1,267 |
| Lovely Professional University | Jalandhar | INR 95,200 |
| Symbiosis college of arts, science, and commerce | Pune | INR 11,000 |
| Nalanda College of Arts and Science | Kasargod | INR 30,055 |
| Don Bosco Arts and Science College | Kannur | INR 15,823 |
| Chandigarh University | Chandigarh | INR 96,000 |
BCom Accountancy College Comparison
Some of the top colleges offering BCom Accountancy are compared on various parameters:
| Parameters | Don Bosco Arts and Science College | Chandigarh University | Lovely Professional University |
|---|---|---|---|
| Overview | DBASC was established in 1992. | Chandigarh University known as CU is a Private University accredited with A+ Grade as per NAAC. | Lovely Professional University formerly known as LPU is a Private University. |
| Average Fees | INR 15,823 | INR 96,000 | INR 95,000 |
| Average Placement Package | INR 3,00,000 | INR 4,00,0000 | INR 3,50,000 |
| Recruiting Companies | Various Companies like The company's wipes, TCS, Malayalam Manorama, etc | Bank of America, Axis bank, Vistara, ITC group of hotels, IBM, ICICI, Dell, Spice jet, etc | Capgemini, Decathlon, Tata Motors, etc |
BCom Accountancy Job Profiles
Private and Public sectors provide good opportunities to BCom Graduates. Some of the popular professional jobs open to booming graduates of this course are listed below with the equivalent salaries offered for the respective positions:
| Job Position | Job Description | Average Annual Salary |
|---|---|---|
| Business Analyst | The role of a Business Analyst is to build up practical solutions for business-oriented issues for sorting progressive sales of the company’s efforts, starting with modifying, analyzing, and documenting necessities. | 8,65,699 |
| Finance Officer | Finance Officer’s role is to develop techniques for financial organizations by giving suitable recommendations to enhance deliberate thinking and direction, financial and accounting information, and analysis. They are also responsible for establishing functional targets in line with organizational targets. | 3,40,950 |
| Sales Analyst | The role of a Sales Analyst is to prepare, collect, and analyze sales forecast information to estimate the given sales goals. They are responsible for the research and estimation of the ongoing economic conditions that can affect the organization's capacity to sell its products or services in the marketplace. | 5,00,000 |
| Tax Accountants | The role of a Tax Accountant is to organize and plan central, State, and local tax returns for a particular business, organization, and individuals. These professionals are often skilled in business concepts and government policy. | 5,60,000 |
| Business Development Trainee | The role of a Business Development Trainee is actually to help their companies obtain new customers and sell additional products or services to accessible ones. This position is vital for any business as it helps in expanding the customers. | 5,69,674 |
BCom Accountancy Future Prospects
After graduating from BCom Accountancy the candidate can choose to study further or opt for job opportunities:
- The candidate can choose to opt for a professional degree such as Chartered Accountancy, Company Secretaryship, Cost and Works Accountancy, so on.
- MBA Finance and MCom are preferred courses after completing BCom.
- If the candidate wants to excel in academia then further choose to pursue PhD in the area of their liking.
- The graduate can take jobs in various sectors like Company Law Assistant, Relationship manager, Assistant Manager/Consultant, Articled Trainee, Sales Officer Accounts, Accounts Assistant, Tax Assistant, Accountant, etc.
- The prospect of this course is high and estimated to increase. The banks and the organizations will always require commerce people for various work procedures.
BCom Accountancy: FAQs
Ques. What is the eligibility for admission?
Ans. The admissions to the Master BCom Accountancy program are based on both entrance examination and merit-based depending upon the University or college a candidate is seeking enrollment. Different colleges have a different perspective of evaluation, but mostly it is if a student scores above 45% to 50% in an entrance exam or merit-based then the chances to get admission into the desired University or colleges are quite high.
Ques. What documents are required for the program?
Ans. The documents required for admission in the program are 10th Marksheet, 12th Marksheet, Transfer certificate, Migration Certificate, aadhar card, Anti- Ragging undertaking (as per institution requirements), etc.
Ques. What is the minimum and maximum salary obtained from BCom Accountancy?
Ans. The minimum salary after the completion of the program as the fresher level is of INR 2,00,000 per annum and the maximum salary obtained on an expert level is 10,00,000 per annum or higher than.
Ques. What Job Opportunities are available after the successful completion of this course?
Ans. Every year Companies from the sectors of various Business Consultancies /agencies, Educational Institutes (both private/government), Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, and Marketing, etc come for the recruitment of candidates.
Ques. Am I eligible for a government job after doing a BCom Accountancy from distance learning?
Ans. Yes, you are eligible to take admissions after successful completion from registered universities/colleges that offer distance learning education.
Ques. What is the benefit of choosing the BCom Accountancy program?
Ans. Bachelor of commerce or BCom Accountancy program has a more broadminded approach and it provides a gateway to the sector of taxation, account, economist, and management. Further enhancement can be done in the job prospect by undergoing higher studies.
Ques. Which entrance exams are required?
Ans. As per the different universities/Colleges, the pattern of respective entrance examinations are held and considered, for example, BHU-CET, AMU-CET, etc.
Ques. Is distance learning available for this program?
Ans. Yes, distance learning is available from open universities like IGNOU, Annamalai University, Lovely Professional University, Andhra University, etc.
Ques. Is there any scholarship available for the course BCom Accountancy?
Ans. Yes, there is a scholarship available for meritorious candidates. To avail and get more information, it is highly advised to visit the campus office. The staff usually tells about the eligibility criteria and documents requirements regarding the scholarships.
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