Bachelor Of Commerce Degree: All You Need To Know
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A Bachelor of Commerce degree program is a three-year-long UG program that is under the category of Professional Courses in India. Most of the Commerce students who wish to take up their career in the domains of Finance and Accountancy opt for BCom which opens a lot of opportunities for them other than being just a mere degree. This article will highlight the scope, duration, different types, eligibility, etc. of a Bachelor of Commerce degree.
Difference Between Regular and Honours Bcom Degree
Many of us might have wondered what exactly is the difference between the General and Honours BCom degree but have failed to recognise the difference. A Regular degree comprises all the subjects in general whereas BCom Honours focus on any of the specializations. BCom Honours is a much detailed paper than the Regular BCom.
Duration of the Course
As mentioned earlier, a Bachelor of Commerce degree, be it Regular or Honours are completed in 3 years. However, multiple integrated degree programs are available for BCom like; BCom + LLB, BCom + MBA, BCom + MCom, etc. These programs are of duration 5 years and are likely to provide multiple opportunities across different domains.
Eligibility Criterion
A Bachelor of commerce degree usually requires very basic eligibility criterion but it depends from college to college and from university to university. Usually, the basic eligibility criterion is to pass class 12 from any of the recognised boards of India, in the Commerce stream with a fixed score to meet the merit criterion of a particular institute. There could be another specific eligibility criterion that varies from college to college like the maximum age limit and limit to the maximum years of education gap.
Note: Even students from the streams of Sciences and Social Sciences are eligible to apply for BCom and the eligibility for them remains almost the same.
Top 3 Best Universities in India for Bcom
- Delhi University, Delhi: One of the most prestigious universities of India, especially for Arts and Commerce. Delhi University has over 70 colleges affiliated with it and offers a wide range of scope for different degrees. Colleges like Shri Ram College of Commerce, Hindu College, Ramjas College, and so on are the leading colleges for BCom. DU accepts admissions based on merit scored in class 12 Board Examinations.
- Banaras Hindu University, Varanasi: One of the oldest government-funded universities of India offers BCom Honours in Finance. The university is known to provide various placement opportunities to BCom graduates as well. For admissions, students need to write the Banaras Hindu University Undergraduate Entrance Test or BHU UET. Based on marks scored in BHU UET, admissions are granted.
- Christ University, Bengaluru: Christ University is a private deemed university in Bengaluru, which is mainly famous for its UG programs in all domains. Just like BHU, Christ University also conducts Christ University Entrance Test or CUET for granting admission into their BCom degree program. One of the added advantages Christ provide is the different specializations under BCom like Finance, Travel & Tourism, Accounting, and so on.
Scope of BCom
Scope includes the worth of a degree and the pros of doing the degree. Well, as mentioned above BCom is considered as one of the professional courses and hence job opportunities can await you right after you complete your degree. There are multiple areas of work that a Bcom graduate can undertake but these strictly depend on the specialization you have opted for.
A few of the common job profiles under which BCom graduates work are; Financial Analyst, Accountant, Auditor, Consultant, Company Secretary, Business Analyst, Finance Officer, Junior Analyst, Sales Analyst, Tax Accountant, Economist, Stock Broker, Business Development Trainee and so on. Depending on your role, salary will also vary. The average salary for a BCom graduate could range from 10,000 to 30,000, again depending on the specialization you opted for and the company you are working for.
Added Advantages of a BCom Degree
- A Bachelor of commerce degree program is an easy-going degree for most of the students as BCom is considered less hectic and therefore students get their time to utilize it further to build their career.
- Many Commerce students opt for different Professional Courses like Chartered Accountant (CA) or Company Secretary (CS) along with doing their BCom. As these courses also require a bachelor degree as an eligible criterion, mostly Bcom is chosen to eliminate the additional pressure.
- Many students are also aspired to write various government exams and they need to prepare which is otherwise more hectic with some other degrees. A Bachelor of Commerce degree also opens up the chance to write several banking exams as a job in banks is very lucrative and are high paid jobs.
By: Subham Har
Also Read: Top 8 Colleges For BCom In India
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