(Last Updated on : 01/06/2013)
Bachelor of Commerce (B.Com) is a three-year under-graduate course modelled to offer the student with a number of management skills and at the same time also building in them proficiently in a specific area. The Bachelor of Commerce may cover the same coursework as a Bachelor of Business Administration (BBA), except that it places more emphasis on theory and business principles as compared to the other course. A majority of the universities prepare the Bachelor of Commerce degree in such a way that the student is exposed to common business principles, and afterwards, to particular comprehensive theory.
Bachelor of Commerce degree can be pursued by a student after successful completion of HSC examination in science or commerce stream. There is no entrance examination for admission into Bachelor of Commerce degree. Students are however admitted according to their merit with regard to their HSC examination results. One can go for proper academic major or not depending on the university or institution. But this course calls for a student to choose a majority of the courses relating to business depending on the interest of the student like Financial Accounting and Auditing, Banking and Finance, Economics, Actuarial science, Business Management, Foreign Trade Practice & Procedures, B.Com can be done with vocational subjects like Insurance, Advertising and Tourism, Auditing and Cost Accounting, Law, Foreign trade practice and procedures, Company Secretarial Practice, etc.
After completing the degree of Bachelor of Commerce, a student can opt for various post-graduate programs including Master of Business Administration (MBA) or the Master of Commerce (MComm). MBA degree is generally recognised by a number of professional accounting bodies, and therefore students after their graduation usually go for accounting designations like the Chartered Accountant (CA), financial qualifications such as Chartered Financial Analyst (CFA) and Certified Management Accountant (CMA).
The prospect for the Bachelor of Commerce degree course is bright and one can opt to start his/her career in various fields after successful completion of this course. Banking sector is favourable for commerce students to start their career. They can work as Economists, can opt for job in the investment sector or can work as Equity research analysts.
Some of the reputed colleges in India for commerce are HR College
: Churchgate, Mumbai
, Sydenham College of Commerce and Economics
: Churchgate, Mumbai, Shri Ram College of Commerce(SRCC) Delhi, Madras Christian College , Chennai, St Xavier's College, Kolkata, St Joseph's College, Bangalore, Podar College of Commerce and Economics
, Matunga, Narsee Monjee College
, Mumbai, Mulund College of Commerce
, Mumbai, etc.