Accounting & Commerce

B.Com stands for Bachelor of Commerce is a three-year undergraduate programme. B.Com subjects impart Analytical skills, Financial Literacy, Business Acumen, Business Laws, Taxation knowledge etc. , with the aim to make the student job ready in the field of Banking, Accounting, Insurance and Finance. B.Com Admissions for top B.Com Colleges in India like Shri Ram College of Commerce, Hindu College, Ramjas College, Loyola College etc. , are done both on the basis of merit and through various entrance exams as well. Some of the top entrance exams conducted for enrolling students in B.Com courses are IPU CET CUET NPAT, BHU UET etc. During 3-year B.Com degree, the aspirants will learn about general business principles, and at the same time, study core commerce subjects such as finance, economics, accounting, actuarial studies, business management, etc. Check: Commerce Courses
The minimum required eligibility for B.Com courses is 50% marks in class 12 or equivalent examination. The B.Com course is the most popular and sought-after course by commerce students. The B.Com Syllabus focuses on subjects such as Taxation, Economics, Accounts etc. B.Com Honours Subjects are the most popular in the B.Com course. The average B.Com fees range from INR 5,000 to 50,000. After a B.Com degree students can expect job offers with minimum salary packages of INR 2,50,000 to 4,00,000 per annum.

In general, the following are the main differences between the B.Com (Hons) and B.Com (pass) at Indian universities -
The course of B.Com or B.Com (Pass) just offers sufficient information about or an overview of all segments/areas which make up the commerce stream. During this B.Com course, specialisation is not provided in any of these areas, only an overall information about all the constituent areas. On the other hand, the final year (3rd year) of the B.Com (Hons) course also offers specialised knowledge in the chosen area in detail, to boost professional/employable skills. The specialisation area/field of commerce could be accountancy, economics, finance, etc. Hence, for deeper studies in commerce stream, B.Com (Hons) is undoubtedly better. Owing to above-mentioned fact, generally for admission to the B.Com (Hons) course, mathematics in 10+2 is considered compulsory, along with good knowledge in English . Generally, the cut-off for admission to the B.Com (Hons) is higher than that for the admission to B.Com (Pass) in the majority of commerce colleges/prestigious universities. As B.Com (Hons) is more business-oriented and in-depth, it is highly suitable for making a lavish career in Chartered Accountancy. The industrial markets give greater weightage to B.Com (Hons) holders. Hence, there exist more and better job opportunities in the market for B.Com (Hons) students, along with better salaries and packages. The B.Com (pass) holders are not given much importance by the business industry, unless they possess a PG degree or a professional degree such as CA MBA, or CS.