B.Com Colleges in Chennai

Chennai, being the centre of the IT industry and informational services, provides great job opportunities. Along with this, there are several multinational companies in Chennai which offer competitive packages as compared to other cities. Thus, Chennai is one of the prominent regions for students who wish to pursue BCom. BCom colleges in Bangalore offer quality education with high placements. Bachelor of Commerce (BCom) is a three-year undergraduate course pursued by a high number of students across the country every year. This is one of the most popular courses in the Commerce branch. BCom includes three popular courses –BCom (Pass) or BCom-General, BCom (Honours) and BCom LLB. It is the best option for students who want to make a career in Commerce, Accounting, Finance, Banking and Insurance. The most popular entrance examinations for studying the BCom course in Chennai is SAEEE.

Chennai is the home to prestigious institutes like Madras Christian College (MCC), Ramakrishna Mission Vivekananda College (RKMVC), Hindustan College of Arts and Science (HCAS), Amity University Online (AUO), Institute of Company Secretaries of India (ICSI), etc. It is also ideal for those who wish to pursue Chartered Accountancy, Cost Accounting and Company Secretaryship. Different specialisations offered in BCom colleges in Chennai are:

• Accounting
• Company Secretary
• Finance
• IT and Systems
• Sales and Marketing
• Transport and Logistics
• Corporate Banking
• Cost and Management Accounting
• International Business
• Financial Planning and Analysis

BCom

The eligibility criteria for pursuing BCom course is given below:

• The candidate must have studied Commerce in Class 11 and 12 with Accountancy, Business Studies, Economics, Maths/optional subject and English as main subjects.
• The candidate must meet the minimum cut-off criteria for admission to the college applied to.
• Every college/ university has a minimum cut-off mark criteria as it is subject to the college/university’s admission criteria for that year.

Note: The minimum cut-off marks for BCom admission depends on the total percentage of candidates passing in Commerce in the board exams, the highest score in Commerce, the average score in Commerce, minimum cut-off marks of the previous year, etc.

There are a total of 110 BCom colleges in Chennai which offer BCom, out of these 72 are private, 12 are public and 9 are public-private colleges. They offer full-time, distance-learning, part-time and online modes of study. Refer to the infographics below to get a detailed overview:

Here is the list of some of the top private and public BCom colleges in Chennai:

Private Colleges	Course Fee (in Rs lakh)
VELS School of Management Studies & Commerce, Chennai	1.28 - 2.18
HCAS, Chennai	1.02 - 1.11
Dr. M.G.R. Educational and Research Institute, Chennai	1.8 - 2.46
AUO, Chennai	1.2
Women's Christian College, Chennai	1.87

 

Public Colleges	Course Fee (in Rs)
MCC, Chennai	-
Tamil Nadu Dr. Ambedkar Law University (TNDALU), Chennai	2,03,000
Guru Nanak College, Chennai	23,500
Tamil Nadu Open University (TNOU), Chennai	5,100
Government Arts College for Men, Chennai	-

What are the study options after BCom?

BCom graduates get opportunities in government and private sectors. They can find jobs at entry-level in various fields such as Finance, Accounting, etc., and also prepare for competitive exams for appointment in the government sector. To get high-paying jobs in the desired sector/ industry, one should pursue post-graduation courses or professional certificate after completing BCom. Some of the courses for a BCom graduate are listed below:

• Chartered Accountancy (CA)
• Company Secretary (CS)
• Master of Business Administration (MBA)
• Master of Commerce (MCom)
• Chartered Financial Analyst (CFA)
• Certified Management Accountant (CMA)
• Business Accounting and Taxation (BAT)
• Association of Chartered Certified Accountants (ACCA)
• Financial Risk Manager (FRM)
• Certificate in Investment Banking (CIB)
• Certified Financial Planner
• Bachelor of Education (B.Ed)
• Digital Marketing
• US Certified Public Accounting (CPA)

After completing degree course in Commerce, students can pursue post-graduation in fields such as Commerce, Accounting and Finance. Students can also opt for PhD and do research work in the field. They can apply for:

• Doctor of Commerce (DCom)
• Doctor of Business Administration (DBA)
• Doctor of Philosophy (PhD) degree programme

One of the best options for a BCom graduate is LLB. Various job areas after the completion of BCom are:

• Business Consultancies
• Public Accounting Firms
• Foreign Trade
• Budget Planning
• Inventory Control
• Investment Banking
• Treasury and Forex Department

BCom Placement Trends

Some of the job profiles for BCom graduates are as follows:

• Auditor
• Tax Accountant
• Accountant
• Economist
• Stock Broker
• Finance Officer
• Company Secretary
• Sales Analyst
• Consultant
• Administrative Jobs in Public Sector
• Investment Consultant
• Loan/Credit Officer
• Asset Manager/Fund Manager
• Hedge Fund Manager
• Customer Relationship Executive
• Sales Manager
• Financial Analyst
• Statistician
• Market Research Analyst
• Tax Advisory Services/Tax Consultant
• Company Law Assistant/Corporate Legal Assistant
• Financial and Insurance Consultant
• Lecturer

Listed below is the highest salary for BCom Colleges in Chennai for 2019-2020:

College Name	Highest salary (in Rs LPA)
HCAS, Chennai	3
Stella Maris College, Chennai	4
MCC, Chennai	6
AUO, Chennai	12
SRMIST, Chennai	41.6

Refer to the infographic below to get a detailed overview:

Top Recruiters for BCom Students

A high number of BCom colleges in Chennai provide placement opportunities to the students. There are several areas opened for Commerce students such as Budget Planning, Marketing, Policy Planning, Auditing, Foreign Trade, etc. The colleges provide opportunities to enhance the student’s knowledge and gain real-time experience. Below is the list of few top companies that recruit BCom students along with their placement ratings:

Colleges	Placement Ratings (Based on Reviews)	Top Recruiters
RKMVC, Chennai	4.4	Deloitte, Standard Chartered, Ernst and Young, Global and India, KPMG, Zoho, Royal Bank of Scotland, etc.
Loyola College, Chennai	4.4	Google, Amazon, IBM, Ernst & Young, Vivo, Tata Motors, Wipro, Larsen & Toubro, Infotech, Ford, Infosys, Tata Consultancy Services, etc.
MCC, Chennai	4.3	Deloitte, Zoho, TCS, Infosys, RBS, Sutherland, Wipro, Accenture, CTS, L&T, etc.
Stella Maris College, Chennai	4.1	Goldman Sachs, Wipro, Zoho, Ernst and Young, World Bank, Cognizant, KPMG, Royal Bank of Scotland, Deloitte, Google, HDFC, ICICI, Axis Bank, Kotak Mahindra Bank, Tata Consultancy Services and Amazon Corporation, IGIB, NCBS, IBAB, IISc, Wipro, etc.
SRM Institute of Science and Technology (SRMIST), Chennai	4.0	Dell, Deloitte, Accenture, Capgemini, IBM, Amazon, Cognizant, Infosys, Tata Consultancy Services, GE Power, Dell EMC, Unisys, SRM Institute of Science and Technology, etc.

 BCom Mode of Study

BCom can be pursued from various colleges through different modes such as full-time, distance-learning, part-time and online. Around 103 BCom colleges offer full-time course and rest of the colleges offer distance-learning, part-time and online mode. Some of these colleges are tabulated below: 

Full-time Mode of Study

Some of the popular colleges/ universities that offer full-time BCom course are:

S.No.	Colleges	Location
1.	Stella Maris College	Chennai
2.	RKMVC	Chennai
3.	SRMIST	Chennai
4.	Loyola College	Chennai
5.	MCC	Chennai

Distance/ Correspondence Mode of Study

Colleges/ universities that offer courses through distance/ correspondence mode are as follows:

S.No.	Colleges	Location
1.	University of Madras, Institute of Distance Education	Chennai
2.	TNOU	Chennai
3.	Wisdom School of Management (WSM)	Chennai
4.	Mahatma Gandhi University	Chennai

Part-time – Classroom Mode of Study

Following colleges offer part-time classroom mode of education:

S.No.	Colleges	Location
1.	Guru Nanak College	Chennai
2.	IIKM Business School (IIKM)	Chennai

Online – Classroom Mode of Study

Following colleges offer online classroom mode of education:

S.No.	Colleges	Location
1.	AUO	Chennai
2.	361 Degree Minds (361 DM), Annamalai University	Chennai
3.	361 Degree Minds	Chennai

How Affordable is Studying BCom in Chennai?

Based on the below pie chart, it can be estimated that pursuing BCom Course in Chennai is economical as 34% of the colleges have a course/annual fee of less than Rs 1 lakh. Some of these colleges are:

• TNOU
• RKMVC
• ICSI
• University of Madras, Institute of Distance Education
• Guru Nanak College

Around 34% BCom colleges have a fee structure that ranges from Rs 1-2 lakh. Some of these colleges are:

• HCAS
• AUO
• Dr. M.G.R. Educational and Research Institute
• SRMIST 
• Women's Christian College

 Around 29% BCom colleges have a fee structure that ranges from Rs 2-3 lakh. Some of these colleges are:

• Dr. M.G.R. Educational and Research Institute
• SRMIST 
• TNDALU 
• Hindustan Institute of Technology & Science (HITS)

Around 3% BCom colleges in Chennai have a fee structure that ranges from Rs 3-5 lakh. Some of these colleges are:

• Sathyabama Institute of Science and Technology

Refer to the infographic below to get a detailed overview of segregation of BCom Colleges in Chennai based on fee:

BCom Specialisations offered in Chennai

BCom colleges in Chennai offer diversified specialisations in Accounting, Company Secretary, Finance, IT and Systems, Sales and Marketing, Transport and Logistics, Corporate Banking, Cost and Management Accounting, International Business, Financial Planning and Analysis, etc. The most popular one is Accounting followed by Company Secretary and Finance. Refer to the infographic below to get a detailed overview of the top 10 BCom specialisations in Chennai:

Shiksha Singh