Bachelor of Commerce (B.Com): Career, Jobs, Salary, Top College

Bachelor of Commerce (B.Com) is one of the popular degree courses that students can pursue after 12th grade. The course is designed to provide students with a strong foundation in various aspects of commerce and business.

Students from any academic stream at the 10+2 level are eligible to pursue a Bachelor of Commerce (B.Com) programme

However, having a background in Commerce and Mathematics in 12th grade is advantageous and often preferred, for pursuing professional courses like CA, CS or CFA after completing B.Com.

A degree in Commerce plays a crucial role in opening diverse career options across various sectors. The popular sector where a commerce graduate can work include:

• Banking
• Finance
• Marketing
• Human Resource Management
• Entrepreneurship
• Taxation
• E-Commerce

The Bachelor of Commerce (B.com) degree was first offered at the University of Birmingham. In India, the duration of B.Com is 3 years (comprising of 6 semesters). Candidates can pursue B.Com in regular as well as distance mode.

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The Bachelor of Commerce program prepares you for a career in accounting, banking, financial management, information systems and management.

B.Com Course Details

A Bachelor of Commerce, abbreviated as B.Com is a 3 year undergraduate degree that focuses on commerce and related subjects.

The course is designed to provide students with a wide range of managerial skills and understanding in streams like finance, accounting, taxation and management.

Some of the key highlights of B.Com course are:

B.Com Course Eligibility Criteria

B.com is one of the most sought after courses after 12th. The course duration is 3 years divided into 6 semesters.

Candidates wondering, “Am I eligible to pursue a Bachelor of Commerce (B.Com)?” can check the eligibility criteria in this section.

• Candidates should have passed higher secondary examination (12th grade) with not less than 50% marks from a recognized board of school education.
• Candidates having academic background in science, commerce and arts stream are eligible to apply for this course.

The B.Com course curriculum comprises of the following subjects:

• Financial Accounting
• Business Economics
• Business Law
• Corporate Accounting
• Cost Accounting
• Income Tax
• Business Management
• Banking and Insurance
• Financial Management
• Corporate Governance and Ethics

Difference between B.Com and B.Com (Hons)

A B.Com course is a general undergraduate degree (UG) in commerce, covering a broad range of subjects, whereas a B.Com (Hons) program is more specialized, offering in-depth study in specific areas of commerce and accounting.

A B.Com graduate can find career opportunities in various fields like Banking, Finance, Marketing, etc.

A B.Com (Hons) graduate have more opportunities in a specialized areas like accounting, investment banking, financial analysis etc.

The eligibility criteria for admission in B.Com and B.Com (Hons) is generally the same. However, some universities may have specific requirements for B.Com (Hons).

B.Com Admission Process

The admission in the B.Com programs is offered through entrance exams and 12th merit scores. The most popular entrance exam for admission to top B.Com colleges is CUET UG.

Many private and Deemed universities conduct their own entrance exams for admission to their UG programs. Some of the common university level entrance exams include IPU CET, SET.

Many private universities and colleges offer direct admission to the B.Com program based on merit. The merit list is prepared based on the candidate’s performance in the higher secondary examination.

In addition to academic qualifications, some colleges also conduct a personal interview round to shortlist candidates.

Top B.Com Colleges in India

Here is the list of top ranked B.Com colleges in India as per NIRF rankings 2024-25

B.Com can be pursued full-time or through distance mode. Some of the universities in India offer B.Com. and B.Com. (Honors) in the correspondence mode.

List of universities offering B.Com through distance mode are given below:

• School of Open Learning (SOL), University of Delhi
• Indira Gandhi National Open university (IGNOU)
• Annamalai University
• Sikkim Manipal University (SMU)
• Allahabad University
• Jamia Millia University (JMI)
• Karnataka State Open University
• Dr. B.R. Ambedkar Open University (BRAOU)
• Tamil Nadu Open University (TNOU)
• Narsee Monjee Institute of Management Studies (NMIMS)
•  Karnataka State Open University (KSOU)

Career & Jobs

Commerce offers a wide range of career options across various industries, providing opportunities for both entry-level and experienced professionals.

A career in commerce, offers immense growth potential, with a high demand for skilled professionals. After completion of B.Com, candidates can work as an accountant, a sales executive, in banking & insurance companies or as a tax consultant under a CA firm.

The job opportunities are also available in the government sector providing career stability, good benefits and a decent work life balance.

In public sector, the jobs for commerce graduates are available in Public Banks, Insurance companies, PSUs and many state/central government departments.

Here are some public sector Job options:

Public Sector Banks – Clerk, Probationary Officer (PO) and Specialist Officer (SO)  

Indian Railways – Accounts Officer, Finance Manager

Public Sector Undertakings (PSUs) – Management Trainee (Finance), Accounts Officer

Insurance Sector – Assistant, Administrative Officer

Reserve Bank of India (RBI) – RBI Grade B Officer, Assistant

Teaching Jobs – Lecturer, Professor

Commerce graduates can also go for more advanced specialized courses like Chartered Accountancy (CA) Company Secretary (CS) and Cost and Work Accountant (CWA).

Do you want to do higher studies in this field?

For higher education, candidates can go for master of commerce (M.Com) or Master of Business Administration (MBA). M.Com is a 2 year’s PG degree focuses on the subjects like commerce, accounting, management, and economics.

Pursuing MBA after B.Com is also a good career option as MBA is a globally recognised degree and helpful in career opportunities in the corporate world, entrepreneurship and various other industries.

B.Com Job Profiles

A B.Com graduate can work in any of the following job profile:

• Accountant
• Auditor
• Consultant
• Company Secretary
• Business Analyst
• Finance Officer
• Sales Analyst
• Junior Analyst
• Tax Accountant
• Stock Broker
• Economist
• Business Development Trainee

Job Areas

Some of the key job areas for B.Com Graduates are:

• Business Consultancies
• Investment Banking
• Foreign Trade
• Personal Finance
• Banking & Insurance
• Educational Institutes
• Industrial Houses
• Public Accounting Firms
• Policy Planning
• Budget Planning
• Inventory Control
• Merchant Banking
• Marketing
• Working Capital Management
• Treasury and Forex Department

B.Com Graduates Salary

Graduates of Bachelor of Commerce (B.Com) can begin their careers as accountants, business analysts or in the sales departments.

Freshers having no industry experience can expect starting salaries between ₹15,000 to ₹40,000 per month. With a few years of experience and specialization in a specific domain, salaries may rise to ₹30,000 to ₹50,000 per month.

Many large organizations and multinational companies (MNCs) offer attractive salary packages, that could range between ₹8 lakh to ₹12 lakh per annum. However, salaries can vary significantly based on the industry, role and individual qualifications.

Books & Study Materials

Studying from the right books is crucial for effective preparation. Here, we have listed some recommended books for Bachelor of Commerce.

These books are easily available in the market or can be searched online through platforms like Amazon, Flipkart, Google Books.

• Business & Industrial Laws by L.C. Mittal
• Business Economics by P.K. Mehta
• Financial Accounting by P.C. Tulsian, Bharat Tulsian
• Financial Management by Ishwar Sharma, N.P. Yadav, Manju Garg
• Cost Accounting: Principles & Practice by Maheshwari Mittal
• Business Laws by M C Kuchhal, Vivek Kuchhal
• Fundamental of Financial Management by R.P. Rustagi

B.Com Course FAQ’s

For any queries regarding Bachelor of Commerce (B.Com) course, feel free to ask us in the comments section below.