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BCom (Bachelor of Commerce) Honours Course, Admission, Colleges, Syllabus, Jobs, Salary, Scope 2024

BCom (Hons) Admission Process

The admission criteria are different in different colleges. Colleges like Delhi University offer admission in its colleges based on the Cut Off list generated by its affiliated colleges, and students whose Class 12 scores fall in the percentage cut off are eligible to apply for the course.

IP University, Banaras Hindu University, Aligarh Muslim University, etc usually accept students on the basis of performance in the university-level BCom Hons entrance examinations.

BCom (Hons) Eligibility

The basic eligibility criteria for BCom Honours admission are as follows:

  • A minimum of 45% or equivalent in High School (Class 12) with Commerce subjects such as Maths, Accountancy, Business Studies, and other subjects offered.
  • Students must have completed High School from a recognized board.

BCom (Hons) Entrance Exams

Following are the top entrance exams consisted for BCom Honours admissions in India:

Exam Registration Date Exam Date
CUET February  – March, 2024 May 15 – 31, 2024 
IPU CET March – May, 2024 May - June 2024
NPAT To be Announced To be Announced
AIMA UGAT To be Announced     To be Announced    

 

How to prepare for BCom (Hons) Entrance Examinations?

It is really important to check the syllabus of all the exams that you are planning to give before starting preparing for any examination.

There is no common syllabus as such, but in most of the BCom Hons entrance exams, the syllabus mostly consist of:

  • General English
  • General Knowledge
  • Commerce Subjects (of Class 10-2 level)
  • Quantitative Mathematics
  • Data Interpretation, etc.

You need to have a strong understanding of common commerce subjects in order to prepare well for the exam.

Points to keep in mind while preparing for the BCom Hons Entrance Exam

  • Check the exam pattern and exam syllabus before start preparing for the exam
  • Make a time table table and follow it thoroughly to cover the entire syllabus on time.
  • For General Knowledge, Current Affairs, you need to read newspapers and stay updated with Indian and World news, especially in the field of Finance and Economics.
  • You can increase your General English Language Proficiency with the help of several help books that are available in the market.
  • For subjects such as Business Management, Economics, Accountancy, the NCERT books are enough to prepare for these parts.
  • Have sample papers and last year’s questions papers to help you prepare better.
  • If you can get your hands on the mock tests available online or offline, then you should definitely give 5-10 mock tests before going for the exam.
  • Study hard, prepare well and sleep timely and regularly for best performance on the exam date.

How to get admission in BCom (Hons) at Delhi University?

Following are the admission requirements for the BCom Honours course in DU:

  • An aggregate of 45% marks in Class 12. 
  • Interested students must have studied and passed Mathematics/Business Mathematics at the qualifying examination for admission. 
  • Selection shall be made on the basis of marks obtained in Class 12 including one language and three best subjects as per the following: An aggregate of 45% or more in English/Hindi and combination of best three among the following subjects: Mathematics, Accountancy, Economics and Business Studies/ Commerce.

How to get admission in BCom (Hons) at IP University?

Following are the admission requirements for the BCom Honours course in one of the colleges affiliated to IP University:

  • A minimum of 50% in aggregate in Class 12 from a recognized board
  • Pass in five subjects, i.e. One Language and Four Elective Subjects of Commerce stream.

Other equivalent recognized examinations can be:

  1. Pre-University Examination (Two years after ten years of schooling) of an Indian school college. OR Intermediate Examination of an Indian University / Board or an Examination recognized as equivalent (Pass in Five written subjects) 
  2. Indian School Certificate Examination (12 years) conducted by the Council for the Indian School Certificate Examination, New Delhi (Pass in Five written subjects)
  3. Examination of a foreign University or Board which is recognized as equivalent to 10+2 CBSE examination/or Indian university.

Admission shall be granted on the basis of the merit of the IPU CET written test of B.Com Honours.

BCom (Hons): What is it About?

  • The program has been designed to offer eligible candidates specialization in a wide range of skills required in the finance and counting sector, while at the same time building competence in a particular area of business & commerce.
  • Successful graduates of the course interested in pursuing further studies in the discipline may go for pursuing MBA or MCom.
  • The program aims to build in students competent business acumen through advanced study of general subjects such as Organizational Behavior and Cost Accountancy, later allowing them to specialize in a chosen area. The curriculum involves intensive study, culminating with the completion of a research-based dissertation.

BCom (Hons) Course Highlights

Course Level Graduate
Full Form Bachelor of Commerce (Honours)
Duration 3 years
Examination Type Semester System
Eligibility Class 12 with 45% aggregate marks
Admission Process Merit Based and sometimes based on performance in Entrance Examinations
Course Fee INR 60,000
Average Starting Salary INR 3-8 LPA
Top Recruiting Companies Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, Marketing, etc.
Job Positions Business Analyst, Cost Accountant, Finance Officer, Sales Analyst, Junior Analyst, Tax Accountant, Stock Broker, Economist, Business Development Trainee, and such.

 

hy study BCom (Hons)?

  • BCom (Hons) Is one of the most professional courses in the field of commerce that most of the students pursue to become an Accountant, Tax Specialist, Investment Banker, Financial Consultant, and to pursue other similar roles.
  • The best thing about this honors course is that many colleges like to include some syllabus of CA or CFA which makes it easier for the students to prepare well for these highly acclaimed certifications that most of the commerce students aspire to pursue later after graduation.
  • In terms of career prospects, the opportunities are huge. Professionals from Finance and Accountancy background are highly appreciated in Big companies, Corporate companies, MNCs and there is a requirement of these professionals in almost all the cities and locations all over the world.
  • The course not only offers a higher paying job, but opens a way to get many professional certifications that helps you to become Certified personnel.
  • The scope of hike is also huge in this sector if are associated with a reputed company, and have the highly required advanced skills.

BCom (Hons.) vs BCom

Course Comparison

  • BCom (Hons) vs BCom:

Many people think that both these degrees are the same, but in reality there are few differences between them in terms of nomenclature and course curriculum. The credit level of BCom Hons is higher than just a BCom degree.

Below we have compared these two degrees and pointed out common differences between them.

Parameters BCom (Hons) BCom
Course Overview BCom Honours is an undergraduate course that offers specialization in one of the main subjects of commerce, which could be accounting, economics, or finance or business that students can choose in their last year. BCom is a standard bachelor’s degree in the field of commerce covering all the aspects included in it. From accounting, finance and taxation, everything is covered in this course. It offers overview of all the subjects included in the commerce field.
Duration 3 years 3 years
Admissions Based on the marks obtained in Class 12. The cut off set for this course is higher than a simple BCom course. Based on the marks obtained in Class 12. The cut off set for this course is lower than BCom Hons degree hence many students end up opting this course.
Course Objective BCom Hons not only provided knowledge in the commerce field but made students familiar with the business aspect as well. It seems to be very helpful if the students want to pursue CA, CFA, CMA or any other competitive certification course in the future or side by side. BCom is a common commerce course that provides overall knowledge of the subjects like Accountancy, Business Management, Taxation, Economics, etc. You cannot specialize in any particular field while studying BCom.
Degree Value Many companies and industry professional students from Hons background because of their advanced training and expertise in one particular field. Career prospects are the same for both the degrees, but students with an hons degree are given more preference than just a BCom degree.
Salary Offered INR 20,000-50,000 per month INR 15,000-40,000 per month

Average Salary of B.Com & B.Com Hons

Source: Pay Scale & Salary Explorer

The duration and average fees charged by the colleges and institutes is the same for both these courses, but the availability of BCom courses is more prevalent than BCom Hons in India. Almost all the commerce colleges offer BCom courses, but there are only a few top colleges that offer BCom Honours courses.

  • BCom Hons vs BBA:

Both these degrees are Bachelor’s level degrees and offer different career prospects. BCom Hons offers studies covering all the major aspects of the commerce field, and BBA covers all the important aspects related to management and business. 

The table below draws out the major differences between these two degrees:

Paraments BCom (Hons) BBA
Qualification Bachelor of Commerce Bachelor of Business Administration
Course Overview The program is in the field of commerce of 3 years duration, training students in different fields like accounting, taxation, economics and prepares them for future prospects in the finance management world. This course is aimed at students who are interested to study management and business subjects that help them to perform exceptionally in a corporate environment.
Admission Criteria On the basis of Merit and through Entrance Exams  On the basis of Entrance Exams & Aptitude Tests, but some colleges offer admission on the basis of Merit
Top Colleges SRCC, LSR College, Loyola College, Hindu College, IP College for Women, Delhi College of Arts and Commerce, BHU, etc. NMIMS, Loyola College, Madras Christian College, Christ University, Presidency College, Amity Business School, etc.
Average Fees INR 60,000 INR 1,20,000
Average Salary INR 3-8 LPA INR 3-10 LPA
Job Positions Chartered Accountant, Tax Accountant, Financial Consultant, Stock Broker, Investment Banker, Auditor, Bank Manager, etc. Business Development Executive, Marketing Executive, Sales Associate, Brand Manager, Product Manager, HR Manager, Client Relationship Manager, etc.

B.Com (Hons.) vs BBA_ Average Fees & Salary

BCom (Hons.) Specializations

BCom (Hons) Specializations

Many colleges offer specializations in this course, which are mentioned below:

  • BCom Hons Accountancy:

This course is for students who are particularly interested in expertise in the field of accounting. Graduates after completing BCom (Hons) in Accountancy are hired in areas and departments such as Accounting Offices, Auditing departments, treasury, information systems, etc.

Average Fees INR 60,000
Average Salary INR 3-6 LPA

 

  • BCom Hons Accounting & Finance:

This is a specialized niche course in the field of commerce, which basically covers the main aspects related to the accounting and finance world. Students who are strong in Maths and Economics should pursue BCom (Hons) Accounting and Finance course.

Average Fees INR 80,000
Average Salary INR 3-8 LPA

 

BCom (Hons.) Syllabus

The syllabus consists of compulsory core subjects and students can select a few elective subjects from the elective course list provided by the college. Other than this, there is compulsory project work that has been submitted in the last semester.

A semester wise breakup of BCom Honours Syllabus is mentioned below:

Semester I Semester II Semester II
Business Organization & Management Business Statistics Business Mathematics
Financial Accounting Basics of Computer Income Tax Laws & Practice
Micro Economics I Micro Economics II Macro Economics
Business Laws Corporate Laws Marketing Principles
Any Language college is offering (Mainly English) Any Language college is offering (Mainly English)
Semester IV Semester V Semester VI
Indirect Tax Management Accounting International Business
Corporate Accounting Financial Management Ethics of Business
Cost Accounting Auditing Business Communication
Human resource Management E-Commerce Project Work
Performance & Policies in Indian Economy Elective Course (Any One) Elective Course (Any One)

Check some of the common elective courses below:

BCom (Hons) Elective Courses
Financial Markets & Services Compensation Management Corporate Tax Planning
Advertising & Personal Selling Business Data Processing Entrepreneurship & Small Businesses
Fundamentals of Investment Consumer Relation & Customer Care Business Tax Procedure & Management

 

BCom (Hons) Jobs & Career

Commerce is a diverse field that includes various types of jobs in the field of Business management, accountancy, taxation, financial management, cost accounting, etc. 

As Accountants, commerce graduates keep track of the profit and loss records of an organization, with proficiency and training in Basic Principles of Accountancy, Cost Accounting, and Management Accounting.

They may also work as Tax Consultants or in the field of banking. Chartered Accountant (CA), Cost and Work Accountant (CWA), and Company Secretary (CS) are some other advanced career options in this field, besides financial services, marketing, project management, etc.

Below are mentioned some of the common jobs that are pursued by commerce students after completing BCom Honours course:

Job Position Job Description Average Salary
Accountant The main job of an Accountant is to perform financial calculations for the best benefits of tex and business. INR 2.48 LPA
Auditor Auditor checks the authenticity and accuracy of business records. INR 4.70 LPA
Business Consultant Business Consultants helps in the development of both new business and old businesses.  INR 9.85 LPA
Finance Officer These officers are hired in companies to handle financial issues and decisions in a company.  INR 3.40 LPA
Tax Consultant They usually work to solve tax-related issues of the company or clients, and prepare tax returns on their behalf. INR 5.09 LPA
Bank Manager Bank Manager is responsible for full functioning of the bank, from addressing the employed, public and checking all the work is going on as per the policies set. INR 7.34 LPA
Financial Consultant They usually work with clients and advise them on investment and other financial services that will help them in maintaining their finances. INR 6.39 LPA
Stock Broker Stock brokers are employed in the financial department of the company and provide services to perform financial investments related to stocks and other securities. INR 3.50 LPA
Certified Chartered Accountant (CA) A Certified CA can work in organizations and independently and assist in all the finance related issues and investments. INR 7.91 LPA

 

BCom (Hons) Career Scope

Students have tons of opportunities after completing their Bachelor of Commerce (Hons.) degree. Freshers can experience by getting placed through colleges in reputed finance companies, consultancies, MNCs and other sectors.

They provide these profesionals a rich experience that helps them to choose their career wisely. Some like to be employed in the same job, some like to change their field by getting certain certifications like Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Chartered Accountant (CA), Certified Management Accountant (CMA) etc. for getting highly acclaimed world class career options, both in India and abroad.

Students and working professionals who want to enter the field of management can go for one of the many management courses like Master of Business Management (MBA), Post Graduate Diploma in Management (PGDM), Post Graduate Program in Management (PGPM), and other professional diploma or degree programs.

 

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What you'll learn - Overview

BCom Honors or BCom Hons is a Bachelor’s course of 3 years which is the most pursued graduation course in the field of commerce, covering subjects such as Accounting, Taxation, Economics, Financial Management, etc.

The main difference between BCom Honours and BCom is in the nomenclature and course curriculum. Most of the students prefer to pursue BCom (Hons) program as it helps to prepare for certification exams such as Chartered Accountancy (CA) and other certifications side by side or afterwards.

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