BCom which is an acronym for Bachelors in Commerce, is a degree that many students pursue every year after the completion of 12th or equivalent exam. Although the BCom course are pursued by students who had commerce in their higher secondary level, science and arts student can also pursue this course. In BCom subjects like Economics, Accountancy, Law, Statistics, Finance, English, etc are taught.
Check: All About BCom
In addition to this, BCom Honours is a program where the students are taught all the BCom subjects and are also given a chance to specialize in a particular subject.
See Also: BCom Admission Process
Each BCom specialization has different BCom Fees and BCom Jobs associated with it. Different types of BCom is also available along with different modes like BCom Distance Education or BCom Online.
Apart from the specalizations under Bachelor of Commerce other courses are sometimes embedded within BCom to make it more worthy like BCom LLB, BCom with CA or BCom with ACCA. BCom with MCom Integrated courses are also available in major colleges.
There are various top BCom colleges in India, offering different BCom specializations. These specializations help students master their own interest area.
The following article consists of some specializations a candidate can opt for after his or her 10+2 examinations in B.Com and a list of colleges which offer such specializations.
Top BCom Specializations
BCom Accounts and Finance
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Students are recommended specialization in Accounts and Finance if they have a good understanding of mathematics and economics.
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Topics which are taught during this course are Wealth Management, Business Communication, Business Law, Cost Accounting, International Finance among other topics.
Top BCom Accounts and Finance Colleges in India
Some colleges give direct admission by merit based system and a personal interview and some prefer an entrance test followed by an interview. Colleges providing this course are mentioned below along with the type to admission they provide with their fee structure and salary packages.
| Name | Fee Structure | Average Salary Package |
|---|---|---|
| Narsee Monjee College of Commerce & Economics, Mumbai | INR 4,00,000 | INR 5,70,000 PA |
| Lovely Professional University, Punjab | INR 9,52,000 | INR 5,00,000 PA |
| Jain University, Bangalore | INR 1,20,000 | INR 4,50,000 PA |
| Christ University, Bangalore | INR 75,000 | INR 6,85,000 PA |
| Pandit Deendayal Petroleum University, Gandhi Nagar | INR 2,49,000 | INR 7,02,000 PA |
What are the Job Prospects after BCom Accounts and Finance?
BCom in Accounts and Finance gives incredible future prospects for the candidate opting for it. Some of the job opportunities along with their salary packages are mentioned below.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Personal Financial Consultant | A Personal Finance Consultant is one who gives advice to their client on taxes, retirement planning, investments, and decisions in insurance plans, after studying their financial goals. | INR 9,81,627 |
| Financial Analyst | The work of the Financial analyst is to keep record of a company's financial performance regarding a plan, studying business performance and market conditions to make forecasts and helping senior management make strategic decisions by providing reports. | INR 5,85,380 |
| Accounts Manager | The responsibilities of an Accounts Assistant will be adjusting finance accounts, maintaining spreadsheets, credit control, confirm calculations, working with Accounts systems, reconciliation of direct debit mandates, managing petty cash transactions etc. | INR 2,48,033 |
| Money Manager | The job of a money manager is research and find companies, funds, industries where the managers can find investment, choose and advise bonds, stocks, currencies, and other investment commodities for funds | INR 7,62,187 |
| Senior Accountant | Senior Accountants are responsible for maintaining documents of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization, investigate budget and variance issues, analyze financial data and make budget forecasts, maintain general ledger as and when needed. | INR 3,55,696 |
BCom in Economics
- Economics is a complicated study aimed toward determining the monetary feasibility of certain projects, applications, etc. Candidates are taught to research and provide solutions to economic problems publicly also as private sectors.
- Using skills in mathematics, statistics and operational research, professionals are required to produce fact and practical based solutions.
- The curriculum focuses on building business insight in eligible students including some specialties like accountancy and organizational behavior from among which students can choose.
Top BCom in Economics Colleges in India
B.Com Honours in Economics is provided by many colleges but each college has its own cut off marks.Some colleges rely on an aggregate of 50% whereas some colleges under DU go as high as 99%.
Here are some top colleges who offer B.Com Honours Economics.
| Name | Average Fees |
|---|---|
| Shri Ram College Of Commerce | INR 30,000 |
| Loyola College | INR 4,600 |
| St. Xavier’s College | INR 4,800 |
| Christ University | INR 2,12,000 |
| Hindu College | INR 14,400 |
| Lady Shri Ram College for Women | INR 21,300 |
| St. Joseph’s College Of Commerce | INR 60,000 |
| Narsee Monjee College Of Commerce and Economics | INR 14,500 |
| Symbiosis College Of Arts and Commerce | INR 15,900 |
| St. Xavier’s College | INR 44,200 |
What are the Job Prospects after B.Com Economics?
Successful candidates who have completed the course are hired in positions such as Auditor, Stock Broker, Media Analyst, System Analyst, Retail Analyst, Advertising and Communication Professional, Manufacturing and Management Professional, Curriculum Developer, Service Quality Leader, Lead Modeler, etc.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Banking and Finance Officer | Handling and helping in the day to day operations of a financial institute. | INR 4,00,000 to INR 5,00,000 |
| Market Research Analyst | Looking for the potential area of development for an organization in monetary respects, studying current market trends and enacting those to increase profit. | INR 2,00,000 to INR 3,00,000 |
| Tax Experts | Providing professional support for tax documentations, tax- related problems and investments on insurances. | INR 3,00,000 to INR 4,00,000 |
BCom in Investment Management
- B.Com. in Investment Management is a degree created for individuals who show interest in building their career in the financial sector of India. It includes basic and technical concepts and relevant theories of fast paced capital markets along with a special reference to stock markets.
- Studies in Business Economics, Quantitative Techniques, Wealth Management, Investment Banking, Financial Intermediaries, Information Technology in Investment and Investment Laws helps students in getting practical knowledge which ultimately makes students job-ready post completion of B.Com. Investment Management program.
Top BCom in Investment Management colleges in India
| College Name | Average Fees |
|---|---|
| Loyola College | INR 4,610 |
| Christ University | INR 2,12,000 |
| St.Xavier’s College | INR 5,030 |
| St.Joseph’s College of Commerce | INR 59,800 |
| Narsee Monjee College of Commerce and Economics | INR 14,500 |
| Sri Venkateswara College | INR 9,590 |
| Indraprastha College for Women | INR 7,170 |
| St.Xavier’s College | INR 1,23,000 |
What are the Job Prospects after Bcom Investment Management in India?
Graduated students from this course can work in mergers & acquisitions, financial strategy, derivatives, currency trading, convertibles and equity derivatives, advisors in capital structure, valuation and risk management and collaborate with a bank, law firm and for private clients.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Investment Analyst | Advises stock market traders, brokers and fund managers with financial information. | INR 2,20,000 - INR 3,60,000 |
| Finance Analyst | Pricing, SAS, Budgeting, Financial Modeling, and Financial Reporting | INR 2,10,844 - INR 3,55,717 |
| Account Manager | Managing relationships with particular customers and develop new opportunities for business | INR 2,18,515- INR 492,505 |
B.Com in Banking and Insurance
This course has been designed to train students into professionals who can manage various financial activities connected to banking and insurance, work flawlessly in the Banking and Insurance surroundings in the financial services, be informed of various technologies needed in the field of Banking and Insurance.
Top BCom in Banking and Insurance colleges in India
Some top colleges offering this course are:
| Name | Average Fees |
|---|---|
| Sir Padampat Singhania University | INR 6,73,000 |
| Quantum University | INR 69,000 |
| Chandigarh University | INR 1,95,000 |
| Manav Rachna International University | INR 4,08,000 |
| University of Technology and Management | INR 2,37,000 |
Check more B.Com in Banking and Insurance colleges.
What are the Job Prospects after B.Com Banking and Insurance?
The average salary offered to graduates of this course in India ranges between INR 2 to 20 lakhs, depending upon the candidate’s skills in the field.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Accountant | Accountants do administrative duties such as maintaining schedules, filing, giving telephone support, transcription and the production of forms. | INR 2,64,000 |
| Cashier | Cashiers help customers with selecting the correct product. They welcome customers as they enter the store, answer questions about their products. They help in locating desired items and encourage the customer to buy the merchandise. | INR 1,77,000 |
| Insurance Manager | Insurance Managers that work in the insurance industry generally are professionals in either life and health or property and casualty insurance. The main role that they perform in insurance companies stems from their risk assessment research. | INR 6,13,000 |
| Loan Counselor | Loan Counsellors work for a financial institution, generates a client's application materials, authenticates the information and works with the client to suggest them with a financial plan. They explain the types and rate terms of loans available, and generate the legal paperwork needed to complete the loan process. | INR 2,02,000 |
| Financial Advisor | A Financial Advisor can also be called a Financial Planner. There are no official requirements needed for financial advisors; employers prefer those who have college education. | INR 4,24,000 |
BCom in Taxation
- B.Com. in Taxation is an undergraduate course whose duration is 3 years.
- It covers the study of standards of bookkeeping, monetary arranging and monetary hypothesis with a specific focus on tax assessment which is a process of imposing a tax on the subjects who earn ‘taxable’ income.
Top BCom Taxation colleges in India
Some top colleges to pursue the course of B.Com in Taxation are:
| Name | Average Fees |
|---|---|
| St. Albert's college | INR 22,500 |
| Sacred heart college | INR 32,990 |
| Lala Lajpat rai college of commerce and economics | INR 36,650 |
| St Teresa's college | INR 18,000 |
| Career college | INR 19,000 |
| Bharata Mata College, Chennai | INR 22,500 |
What are the job prospects after B.Com in Taxation?
In India, the normal salary of a taxation officer is from INR 3 to 4 lacs for every year while in foreign countries, you can gain a normal pay of more than $52 k per year.
| Job Profile | Job Description | Annual Salary |
|---|---|---|
| Tax Consultant | A Tax Consultant instructs their customers on expenditure alternatives, on how to legitimately bring down duty obligation or how to figure charges in light of their speculations. Charge experts plan and fill customer government forms and help customers in looking for the correct derivations, credits and alterations in light of their money related circumstances. | INR 2,00,000 to INR 7,00,000 |
| Actuary | Actuary utilizes measurable systems and scientific aptitudes to predict the likelihood of an occasion and its money related results. | INR 2,00,000 to 4,00,000 |
| Book Keepers | Book keepers make a framework to represent money related exchanges by building up a summary of records; characterizing accounting approaches and methodology. Updates auxiliary records by checking, designating, and posting exchanges. | INR 1,00,000 to 3,00,000 |
| Finance Officer | Handle and get ready money related and business frames with the final goal of financial records adjusts, encouraging buys, and so on. Perform routine computations to produce examinations and reports as and when asked for by the back executive. Collect and enter information for different monetary spreadsheets. |
INR 3,00,000 to 10,00,000 |
B.Com in Finance
- B.Com specialization in Finance is one of the many undergraduate courses available to the candidates of commerce stream.
- The duration of the programme is for a period of 3 years.
- The average course fees for B.Com specialization in Finance ranges between INR 10,000 to INR 6 Lacs Depending on the college.
- Candidates studying B.Com Finance develop a strong understanding of Financial Accounting, Business Environment, business taxation, income tax laws and practices and many more.
Top B.Com Finance Colleges in India
The following are the top colleges in India that provides BCom specialization in Finance
| Name | Average Fees |
|---|---|
| Xavier University | INR 4.5Lakhs |
| St. Joseph’s College | INR 70,450 |
| Guru Nanak College | INR 60,000 |
| AIMS Institute | INR 49, 667 |
| Symbiosis International University | INR 25,000 |
| Christ University | INR 96,666 |
| Annamalai University | INR 70,000 |
What are the Job prospects after B.Com in Finance in India
Candidates after completion of the B.Com Specialization in Finance can land jobs in different positions such as financial risk manager, money manager, Personal Finance Consultant and many more.
| Job Role | Job Description | Average Salary |
|---|---|---|
| Financial Risk Manager | They are entitled to identify and analyse the different threats to assets, earning capacities and success parameters to business. They work on trading, loans, financial loans. They have expertise in credit and market risk. | INR 9.9 LPA |
| Money Manager | They take care of the security portfolio of different individuals or institutions. They hire various experts who conduct research regarding the investment options and find the optimum time to buy or sell security options | INR 7.7 LPA |
| Personal Finance Consultant | They assess how the market conditions can affect the financial status of their clients and provide advice to the clients about retirement plans, savings, taxes and insurance decision. | INR 6.27 LPA |
| Financial Manager | Their typical duties include reviewing financial reports, monitoring accounts, and preparing activity reports and financial forecasts. They also investigate ways to improve business profitability and new business options. | INR 10 LPA |
BCom in Human Resources Management
- B.Com in Human Resource Management is a three-year UG course.
- It helps candidates to understand their surrounding and processes of recruitment and selection, implement concepts and techniques to promote change, manage and develop people, and apply the right amount of occupational health and safety practices in the respective organisations they work for.
Top BCom in Human Resources Management colleges in India
Some of the top colleges for Human Resource management are:
| Name | Fees |
|---|---|
| JD Birla Institute,Kolkata | INR 4,27,050 |
| AIMS Institutes,Bangalore | INR 1,49,000 |
| Uttaranchal Institute of Management,Dehra Dun | INR 1,19,250 |
| Alliance University,Bangalore | INR 3,00,000 |
| CKB Commerce College,Jorhat | -- |
What are the Job Prospects of B.Com in Human Resources?
Some of the jobs which a graduated candidate in HR Management can opt for with an average salary of INR 2,50,000 to INR 10,00,000 per annum are:
- Human Resources Manager
- Assistant/Deputy Manager
- Human Resources (HR) & Administration Manager
- Human Resources Executive
- Management Trainee
- Human Resources Recruitment Manager
BCom in Financial Market
- B.Com. in Financial Market is a 3-year UG course .They are defined as having clear pricing, basic regulations on trading, costs and fees, and market forces determining the prices of securities in trade.
- A Financial Market relates to a process, which enables people to trade their wealth in mediums such as bonds, stocks, and commodities in the market.
Top BCom Financial Market colleges in India
Some of the top colleges for admission in B.Com Financial Market are:
| Name | Average Fees |
|---|---|
| Jain University | INR 1,15,000 |
| Christ University | INR 2,12,000 |
| HR College of Commerce And Economics | INR 3,133 |
| Narsee Monjee College of Commerce and Economics | INR 14,500 |
| Symbiosis College of Arts and Commerce | INR 15,833 |
| K J Somaiya College of Arts & Commerce | INR 9,145 |
What are the Job Prospects after BCom in Financial Market?
A candidate, upon successful completion of the course can join as an Accountant. Accountants can find numerous career opportunities in various government and private sectors such as, Public Accounting Firms, Markets Research, Budget Planning, Corporations, and Consultancies.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Financial Controller | Financial Controllers usually handle all parts of the financial administration, corporate bookkeeping, and administrative and departmental auditing. They often make and evaluate expenditure plans and work towards betterment of the administration’s overall financial state. | INR 3,974,423 |
| Finance Officer | They handle and report financial monetary and bookkeeping information, investigation, and proposals, with respect to organizational goals. | INR 8,48,147 |
| Insurance Manager | They are responsible for managing operations inside an insurance practice. They mostly oversee agents, specialists, and appraisers. They make insurance claims, and resolve related financial issues. | INR 7,30,048 |
| Treasurer | They usually coordinate an organization’s financial plan, manages its assets, overseeing and predicting potential financial dangers, and directing financial administration activities. | INR 1,650,000 |
| Risk Managers | Risk Managers work with organizations to survey and identify the potential dangers that may affect the reputation, security, or financial wellbeing of that organization. They evaluate the organization’s typical strategies and anti-risk conventions. |
INR 9,92,343 |
BCom in Computer Applications
- BCom in Computer Applications is a 3-year UG course which is studied to have a clear understanding in the field of commerce and a part of it that involves the use of software technology application.
- In this course the candidates are taught the fundamentals of Commerce like accountancy, macroeconomics including the basics of computer language, computer applications in business, etc.
Top BCom Computer Applications colleges in India
Only a few colleges in India offer the course of B.Com in specializations among which some are mentioned below.
| Name | Average Annual Fees |
|---|---|
| Loyola College | INR 13,840 |
| St. Gits College of Applied Sciences | INR 22,500 |
| Women’s Christian College | INR 56,000 |
| VELS | INR 40,800 |
| Sacred Heart College | INR 34,350 |
| IIMC | INR 32,300 |
What are the job prospects after B.Com in Computer Applications?
| Job Profile | Job Description | Average Annual Salary |
|---|---|---|
| Auditor | They inspect the business records and verify the accuracy of the financial records. They point out any discrepancies and fraud. | INR 4,80,000 |
| Computer Programmer | Their work is to work on the existing computer languages and keep updating them, if possible to make a new language, etc. | INR 8,50,000 |
| Business Consultant | They help the clients to find ways to improve their business by analyzing, strategizing, planning, etc. |
INR 9,80,000 |
| Mobile App Developer | Their job is to create and test program apps that can be used in phones. | INR 5,00,000 |
| Business Analyst | They help the company by conducting businesses in improving processes, products, services, and software via data analysis | INR 6,50,000 |
What is the Complete BCom Eligibility Criterion and Admission Process?
| Course | Eligibility | Admission |
|---|---|---|
| BCom Accounting and Finance | 10+2 | Counselling after taking entrance exam |
| BCom Investment Management | Pass in class 12 exam with minimum 45% aggregate | Merit Based |
| BCom Economic | 10+2 from recognized board | Merit based direct admission or institute entrance exam |
| BCom Taxation | 10+2 with English and Math | Students are admitted based on merit based system.Some universities may conduct entrance exams followed by an interview. |
| BCom Financial Market | 10+2 from recognized board | Based on performance in entrance exam |
| BCom Banking and Insurance | 10+2 with commerce subjects with minimum of 50% | Based on interview after entrance test |
| BCom Computer Applications | 10+2 with commerce and a minimum of 45% | Merit Based |
BCom Specializations: FAQs
Ques. What is the best B.Com degree to pursue?
Ans.The top 5 B.Com degrees are:
-
Accounting Degree
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Business Management Degree
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Economics Degree
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HR Degree
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Marketing Degree
Ques. Is B.Com good for your future?
Ans.B.Com alone can provide a smooth career path for a candidate, even as far as giving easy access to managerial positions later on in their career journey, pursuing a higher education degree sometimes shortens the journey to pursuing a highly successful path.
Ques.Can you opt for Economics if you had science in 12th?
Ans. Yes, If you want to opt for economics all you need is a good math knowledge. Though other universities may allow Economics graduation without Economics in class 12 but Delhi University won't.
Ques.Can you do B.Com Honours without maths?
Ans. No,a candidate should have maths as a compulsory subject for studying B.Com Honours.
Ques. What is the difference between B.Com Honours and B.Com general Degree?
Ans. There is not much difference between B.Com(H) and B.Com except that B.Com Honours includes an extra subject which you specialize in.
Ques. Are there any good colleges for pursuing B.Com in Delhi?
Ans. Yes,Delhi University is considered as one of the top and most prestigious institutions for pursuing B.Com.
Ques.NM College or Symbiosis which is the better option for C.Com?
Ans: Both are equally good colleges with some differences in fees,faculty or batch-size but when it comes to pursuing a degree both are equally good.
Ques.What course should you opt for after B.Com?
Ans.CA is the most common course students opt for after completing B.Com but other courses can also be kept in mind which are also good such as-M.Com,MBA,CFA,CS.
Ques.What are the scopes for a B.Com graduate?
Ans.B.Com Graduates have a lot of scope in their career paths where they can work in MNCs and banks or they can go for higher studies pursuing MBA,CA,CS etc.
Ques.Can a humanities student pursue B.Com after 12th?
Ans.A humanities student can apply for B.Com after 12th if they have maths and english as core subjects in 12th.
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