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:
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:
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
How to get admission in BCom (Hons) at Delhi University?
Following are the admission requirements for the BCom Honours course in DU:
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:
Other equivalent recognized examinations can be:
Admission shall be granted on the basis of the merit of the IPU CET written test of B.Com Honours.
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. |
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 |
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. |
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 |
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 |
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 |
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.
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.