Bachelor of Commerce (B.Com degree) is a three-year professional undergraduate course that is quite popular among those students who had pursued Commerce in Class 12. The course is recognized by the Universities Grants Commission (UGC) and is provided by numerous colleges across India. According to the All India Survey on Higher Education (AISHE), the B.Com degree has been the third most chosen degree in India after Class 12. A student can pursue B.Com in the following modes:
- Full-Time
- Part-time
- Distance education
- Online Mode
Types of B.com Degree Specializations
The course covers aspects related to banking principles, finance, taxation, accounting, insurance, and other facets related to commerce. B.com can be pursued with a variety of specializations. Some of the most common specializations include:
- B.Com Finance
- B.Com Accounts
- B.Com Economics
- B.Com Statistics
- B.Com Banking and Insurance
- B.Com Foreign Trade Management
- B.Com Tourism and Travel Management
- B.Com International Business
Moreover, the degree is of two types:
- B.Com General: This course studies the subjects as an overview
- B.Com Honors: This course studies subjects holistically and at a deeper level for better understanding.
B.Com is also inculcated into integrated courses such as B.Com LLB, B.Com MBA, Integrated B.Com with CMA, B.Com with ACCA, and so on.
Common Bcom Degree Course Eligibility
Those who wish to pursue B.Com for their undergraduate are required to pass 10+2 in any stream from any recognized board. The admissions are made based on the score secured in Class 12 exams although some colleges may have a different procedure. Government colleges usually take students based on merit while private institutions can grant admission irrespective of the percentage.
Different career paths after B.Com
Pursuing B.Com automatically opens a door of opportunities for you into various sectors for employment. Although B.Com is an important factor in securing a job, a sole degree is not all that’s required. One must choose the right course after pursuing B.Com for high-paying jobs. Some of the paths that can be taken by those who have completed their undergraduate in B.Com are listed below:
1. Master of Business Administration(MBA):
One can pursue MBA right after their B.Com where they are taught to learn to manage the aspects of an organization based on the specialization chosen by you. Some of the common specializations are listed below:
- MBA in Accounting
- MBA in Finance
- MBA in Analytics Engineering
- MBA in Healthcare Management
- MBA in Human Resource Management
- MBA in Finance
After the MBA, one can land jobs as a Marketing Manager, Sales Manager, Finance Manager, HR Manager, and so on.
2. Chartered Accountancy (CA)
CAs are one of the most popular career options for those who have pursued commerce due to their high wage scale. Unlike pursuing an MBA, students can enroll for CA right after completing their Class 12. CA comprises three stages; CPT, IPCC, and CA Finals. Additionally, one must also complete an internship of 2.5 years to land a secure job. The course also enables one to open their own CA firm, making one a certified chartered accountant. One can work in the departments of Internal Audit, Tax Audit, Forensic Auditing, Treasury, Statutory Audit, and Management Consulting while working as a CA.
3. Company Secretary (CS):
Company Secretary is a pivotal role for those who have completed their B.Com CS is one of the key managerial positions of the C-suite similar to the CEO and CFO. They are vested with the responsibility of the legal aspects of a firm/organization. They usually take care of a company’s tax returns, maintain tax records, offer advice to the board of directors, and ensure that all the legal and statutory regulations are being met.
One must study the three-year corporate law to become a Company Secretary.
4. Master of Commerce (M.Com):
M.Com is another option for those who wish to widen their horizon regarding the field of commerce. It is a two-year professional postgraduate degree pursued by those who have completed their undergraduate in B.Com. Apart from commerce, this specialization also focuses on fields of business management, accounting, banking & finance, economics, finance & control, and taxation.
Some of the most popular jobs secured by those who have completed their B.Com include-
- Investment Banker
- Tax Consultant
- Financial Analyst
- Operations Manager
- Chartered Accountant
5. Certified Management Accountant (CMA)
CMA is another globally popular professional certification credential that is offered by the Institute of Management Accountants in the USA. The course focuses on two fields – management accounting and financial management. To be a CMA professional, one must clear two stages of examination and also have work experience of at least two years.
Best Colleges for Bcom Degree in India
The top 5 colleges that provide B.Com in India include:-
- ARYA College Jaipur
- Delhi University
- JNU
- Jamia Millia Islamia
- Ambedkar University, Delhi
Best colleges for BCom in Rajasthan
Rajasthan hosts around 603 colleges that provide B.Com to its students. Among all the colleges, ARYA College Jaipur is one of the best Bcom colleges in Jaipur and is trusted by countless students.
Arya College Jaipur
Arya College Jaipur is a private college established in 1999 by the All India Arya Samaj Society for Higher & Technical Education by its chairman Er. Shri T.K. Agarwal. The institutions specialize in Engineering, Management, and Pharmacy in the city of Jaipur, Rajasthan. The colleges have been affiliated with the Rajasthan Technical University (RTU), Rajasthan University of Higher Studies (RUHS), and Rajasthan University(RU). The colleges of Arya have been consistently ranked as the best institutions since their establishment in Jaipur. All the campuses are well equipped with the newest instructional and infrastructural facilities to make their students the best Technocrats, Administrators, and Entrepreneurs and transform their institution into the best in India.
How to Apply to the Bcom Course?
Those who wish to apply for any undergraduate course are required to score a minimum of 50% in their Class 12 exams.
The admission procedure is carried out based on the merit secured by the student.
The students must fill out the admission form given on the college’s website.
Placements in Arya College
The students are offered job offers from various companies such as Wipro, Samsung, Infosys, Nokia, and so on. Students who have pursued B.Com have more opportunities compared to the rest.
Conclusion
Indeed, a Bcom degree is one of the most popular degree courses that are opted for by commerce students after the 12th class. It opens multiple career paths in the domain of commerce, finance, marketing, and management as well. Thus, choosing a Bcom degree program from ARYA College Jaipur will be an ideal choice for your life.
FAQs
Can I do an MBA after my BCom degree?
Yes, you can do or be admitted to the MBA degree program just after completion of your Bcom degree. MBA’s basic eligibility is graduation in any stream with a minimum of 55% marks.
What higher degrees can I choose after a BCom degree?
Mcom, MBA, and PGDM are some popular programs that you can choose after completing your graduation in Bcom degree.
Is Bcom and Bcom (H) the same degree course?
Actually no, Bcom has two main courses such as the Bcom program and Bcom Honors. Both these courses are different from each other.
Is there any entrance exam for the Bcom degree course?
No, there is no such entrance exam conducted for the Bcom degree course. The Bcom course is highly merit-based. Although some universities may take the entrance exam for Bcom. You are advised to visit their official website before applying for the course.
