BCom full form is Bachelor of Commerce, which is a 3 year’s course having 6 semesters. BCom is a job oriented course because all business entities require skilled accountants to manage their expenses and earnings (P/L statement).
With the Indian economy making rapid advances over the years, the need for accountants is on the rise. It’s an ideal course for those planning for analytical and accounting roles in business entities.
MNCs like GE Capital, Deloitte, PWC etc. recruit BCom graduates for various analytical roles because of their expertise in accounting and finance, income tax, business maths and statistics.
Students nowadays are pursuing various kinds of BCom courses like BCom General, BCom Hons, and BCom LLB as per their interests and career aspirations.
Overall BCom is widely pursued because it offers a rich course curriculum covering financial accounting, Income Tax, Business Math, Statistics, Business Law, Economics, etc.
This wide curriculum prepares students for a variety of roles in accounting, banking, taxation, economics and business analysis.
Apart from these BCom graduates can go for higher studies by pursuing MCom, MBA, MCA, CA or CS. They are good at crunching numbers, which makes them suitable for various analytical roles like data analyst, financial analyst, Tax analyst, financial consultant and economist.
The process of gaining admission in BCom is simple as students need to apply to prospective colleges and then attempt competitive exams like CUET and wait for the merit list to be out.
Over the years, there has been a huge craze for a commerce degree because many banking GCCs and financial consultancies are setting base in India.
BCom graduates are most sought after during Income Tax, GST filing because they are skilled in filing tax returns, which most professionals find cumbersome.
BCom Full Form and Eligibility
10+2 from a recognized board securing a minimum of 45% (40% for SC/ST) marks in aggregate.
The eligibility clarifies that students of all streams can pursue BCom provided they have a passion to make a career in the domain of business and commerce.
Many IT companies prefer BCom graduates because of their expertise in accounting, taxation, business law, and economics.
BCom Subjects
| B.Com 1st Year Subjects | ||
| Business Organization and Management | Financial Accounting | Environmental Studies |
| Semester 2 BCom Subjects | ||
| Business Laws | Business Mathematics and Statistics | Macro Economics |
| Semester 3 BCom Subjects | ||
| Company Law | Income Tax Laws | Financial Analysis and Reporting |
| Semester 4 BCom Subjects | ||
| E-Commerce | Industrial Laws | Human Resource Management |
| Semester 5 BCom Subjects | ||
| Cost Accounting | Auditing and Corporate Governance | Principles of Marketing |
| Semester 6 BCom Subjects | ||
| Corporate Tax Planning | Organizational Behavior | Management Accounting |
BCom is a wonderful option for the ambitious lot because anyone who can manage finances can run a business from scratch. Therefore, financial prudence is vital in today’s time of uncertainty.
Every year lakhs of students strive to enter the business world and look for a comprehensive course that covers finance, economics, business prudence, Income Tax and the likes.
The BCom course is the answer to their needs because it trains in taxation, accounting, business and economics.
BCom Full Form and Salary
Around 14% students chose BCom as their undergraduate course in 2021-22 as per AISHE. This shows that BCom is a popular job oriented course provided the candidate has gained the desired skills for the job.
The average salary of a BCom graduate in India ranges from INR 2 -14 LPA, which can increase further based on experience and skilling.
BCom Experience wise Salary in India
| Experience | Average Annual Salary (INR) |
| 0-2 Years (Entry-Level) | INR 3,50,000 – INR 6,50,000 |
| 2-5 Years (Mid-Level) | INR 5,50,000 – INR 10,50,000 |
| 5-10 Years (Senior Level) | INR 8,50,000 – INR 18,50,000 |
| 10+ Years (Experienced Professionals) | INR 16,00,000+ |
The above information has been sourced from web and vary. We advise candidates to check salary from multiple sources.
Various roles available to BCom graduates are:
| Job Profile | Description | Average Salary |
| Financial Analysts | Financial analysts conduct research to support their clients’ or their own organizations’ investment strategies and to make investment decisions. | INR 6.9 LPA |
| Tax Counsellors | The main role of a tax counselor is to help individuals and organizations with their tax payments. They specialize in tax law, tax collection, and tax planning. | INR 7.6 LPA |
| Business Executives | A business executive is responsible for overseeing a company’s management, and the role varies by corporation. | INR 3.6 LPA |
| Accountants | An accountant specializes in conducting accounting activities such as analyzing financial statements, audits, or account analysis. | INR 3.2 LPA |
| Auditors | An auditor is someone trained to review financial documents, verify their accuracy, and ensure that businesses comply with tax regulations. | INR 4.4 LPA |
Emerging opportunities for BCom Graduates in India’s emerging FinTech sector
India is a land of digital opportunities, with many services, including financial ones, available online.
FinTech companies hire BCom graduates who have knowledge in finance, banking, accounting, and taxation to help develop software that streamlines these financial services.
Companies like Phone pe, Google Pay, and Razorpay look for commerce graduates with a firm foundation in banking and financial services.
Therefore, apart from the BCom full form, BCom is a job oriented course provided the candidate has earned the desired skills for the job.
Key areas where BCom graduates can get hired:
Management–BCom graduates with knowledge in commerce and management can join as business development managers, research analysts, data analysts, etc.
Taxation–They can work as taxation experts, tax consultants or tax compliance managers and help professionals file their ITR on time.
Finance–BCom graduates can work as financial market dealers, risk analysts, Cash & Credit Managers, Security Consultants etc. and contribute their expertise in the financial & derivatives market.
Accounts- BCom students can work in various sectors and roles, including Accountant Manager, Finance Manager, Project Manager, Account Executive, Financial Adviser, Executive Assistant, and Chartered Accountant.
Law- BCom graduates can become corporate lawyers after pursuing LLB and specializing in corporate law.
Government Sector Jobs
BCom graduates are eligible for most graduate level government jobs because it’s a specialized degree in commerce and finance.
They are ideally suitable for IBPS, Bank PO, Bank Specialist Officer, Insurance, and RBI Grade B officer. They can always try their hands at SSC CGL and UPSC CSE. No doubt securing a government job requires years of preparation to clear the exam.
Top BCom Government Colleges in UP
Some of the popular BCom Government Colleges in UP are:
| Institution Name | Location |
| CCS University | Meerut |
| Lucknow University | Lucknow |
| Allahabad University | Allahabad |
| DBRAU | Agra |
| DDU | Gorakhpur |
| CSJMU | Kanpur |
| Ewing Christian College | Allahabad |
| AMU | Aligarh |
| JCU | Ballia |
| UPRTOU | Allahabad |
Several top UP government BCom colleges accept students via entrance exams or qualifying exam scores.
Those who cannot get admission in government colleges can opt for self finance colleges that offer skilled education in sync with the industry requirements.
One such institution doing commendable work is the Venkateshwara Group of Institutions in Meerut. Explore more details about the institute here.
