The B.Com general is a 3 year degree course that prepares for a career in the domain of commerce & finance.
The Bachelor of Commerce (B.Com) has gained popularity because, with the growth of business & finance, companies look for well-trained accountants.
One should pursue B.Com from a regular college because most firms value regular degree over a distance one.
Further, one should look for colleges that offer flexible classes so that working professionals can also augment their qualification.
Post Corona, the emphasis is on skills because companies hire people who can get the job done rather than having conventional degrees. Hence, choosing a college that imparts job ready skills is vital because it boosts employability.
B.Com is a 3 year’s course divided into 6 semesters which readies one for an illustrious career in accounting & commerce.
10+2 with 33% marks (Eligibility – Commerce, Arts, and Science)
B.Com Subjects 1st Year
The following link provides complete details about B.Com General 1st year subjects.
B.Com is an ideal course because accountants check & control the finances. They manage accounts and keep expenses under check. Without the accountant, company expenses may go haywire & there would be no control on the budget.
With a range of accounting software’s like Tally, Zoho, & Busy, the accounting work has streamlined, requiring the need for computer accountants.
This way accountants with proficiency in these software’s get employed because they finish the work in time & save costs.
B.Com graduates, after a few years of experience, can pursue CA, M.Com, MBA & elevate their career to new heights.
It is undeniable that companies which manage their expenses well are better equipped to endure challenging times, as controlling costs is crucial for survival.
Therefore, accountants collaborate with the finance department to manage costs and use company capital effectively for future initiatives.
They also generate revenue forecasts by analyzing previous years’ collections.
Their insights are valuable because they allow companies to increase production when demand is high and allocate resources for maximum efficiency.
Because of these abilities, they are part of the management as they manage the finances of the company.
B.Com is employment centric because they manage earnings, expenses & finances of the company. Hence, companies pay them well because they ensure the firm adheres to all compliances & procedures.
The average annual salary for B Com graduates in various job profiles is as follows:
Experience Level | Average Annual Salary Range (Rs.) |
Entry Level (0-2 years) | 2,50,000 – 4,50,000 |
Mid-Level (2-5 years) | 4,50,000 – 7,50,000 |
Experienced (5+ years) | 7,50,000 – 12,00,000 |
With Additional Certifications (e.g., CA, CMA) | 8,00,000 – 15,00,000 or more |
After a few years of experience, B.Com General graduates can pursue CA, CS to augment their qualifications and earn better.
The accountant’s role is vital to control expenses hence, business entities readily employ them.
Many of the US banks have outsourced their back office operations to India. This is because there is a high demand for B.Com graduates in India who can effectively manage accounts and P/L statements.
Companies like Genpact, Deloitte are dream employers because they are employee friendly & pay well.
Further, most traditional businesses hire B.Com graduates to manage accounts because they are experts in accounting and taxation.
After pursuing M.Com they can take up specialized roles like Chief Accountant, Accounts Officer or become a lecturer in colleges.
The government is focusing on financial literacy, which makes the prospects for B.Com bright. B.Com graduates handle the company’s overall accounts and finances.
Some of the top B.Com General colleges in India are:
College Name | Fees (INR) |
Sivanath Sastri College, Kolkata | 11,060 |
Goenka College of Commerce and Business Administration | 1,300 |
Loyola College | 76,000 |
Stella Maris College Chennai | 29,645 |
Mahatma Gandhi College, Thiruvananthapuram | 1,520 |
St. Joseph College Bangalore | 75,000 |
Farook College, Kozhikode | 2,290 |
Presidency College Chennai | 1,250 |
Shri Ram College of Commerce | 29,245 |
St. Albert’s College, Ernakulam | 22,500 |
Some of the top private colleges for B.Com are:
College Name |
St. Xavier’s College Mumbai |
RA Podar College of Commerce and Economics |
Symbiosis College of Arts and Commerce |
HR College of Commerce and Economics |
St. Joseph’s College of Commerce |
KJ Somaiya College of Arts & Commerce |
Kristu Jayanti College, Bangalore |
Brihan Maharashtra College of Commerce |
Venkateshwara Group of Institutions Meerut |
Loyola Academy Degree and PG College |
St Ann’s College for Women, Hyderabad |
Career Options after B.Com
The various roles a B.Com graduate can take are Accountant, Financial Analyst, Banking Officer, Tax Consultant etc.
Job Roles | Average Salary |
Auditor | INR 4 – 9 LPA |
Banker | INR 4.5 – 7.5 LPA |
Stock Broker | INR 2.5 – 6 LPA |
Export-Import Manager | INR 6.5 – 15.5 LPA |
Accountant | INR 3.5 – 6 LPA |
Tax Consultant | INR 7.5 – 10 LPA |
Finance Consultant | INR 6 – 16 LPA |
Insurance Consultant | INR 2.5 – 12 LPA |
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