The business world of today’s era is stupendously developing with all its facets such as management, administration and commerce rising higher in standard. Do you know that the business community has hired around 12% of commerce-oriented graduates in the recent five years? Isn’t this a significant rate?
This hiring rate of commerce graduates has drawn great attention among the students and has created a massive drift of students towards commerce degrees, especially Bachelor of Commerce (BCom). If you are one of those interested students, then this article is for you from the best BCom colleges in Tamilnadu.
Get a complete idea about admission to BCom and its career scopes.
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Course Description:
The Bachelor of Commerce (B.Com) course is an undergraduate course designed to educate students on the commerce-oriented concepts, techniques, tactics, and methodologies that are incorporated in the business field.
This course also inculcates business and managerial skills which are highly required for the business world such as numerative skills, communication skills, leadership skills, etc.
BCom course is provided for a duration of 3 years.
Due to its ever-increasing demand, B.Com courses are offered in top colleges such as SMS College of Arts and Science, one of the leading BCom colleges in Tamilnadu.
Eligibility Criteria:
The basic eligibility criteria for pursuing a B.Com at top colleges such as SMS College of Arts and Science, one of the best colleges for BCom in Tamilnadu are as follows:
- Candidates should be a minimum of 17 years of age.
- Candidates should have completed 10+2 with commerce stream in any recognized educational institution.
- Candidates should have scored a minimum of 50% aggregate in 10+2.
Admission Process:
Admission to BCom at the top arts and Science Colleges in Coimbatore is provided either on a merit basis or an entrance exam basis.
Certain colleges like SMS College of Arts and Science, one of the best BCom colleges in Tamilnadu consider a 10+2 score for merit-based admission.
Certain other colleges consider entrance exams such as CUET, NPAT, IPU CET, etc for admission to BCom.
The following documents are required for admission:
- Transfer Certificate from the last studied institution.
- HSC or equivalent mark statement
- Community/Caste Certificate (if applicable)
- Passport size photographs (5 Nos.)
- Copy of Aadhar card
Specialisations offered under BCom:
BCom courses are offered in a wide range of specialisations in various top colleges such as SMS College of Arts and Science, one of the top BCom IT colleges in Tamilnadu and others.
Here are some of the prominent BCom specialisations:
- BCom Computer Applications
- BCom Finance
- BCom Information Technology
- BCom Professional Accounting
Syllabus of Bachelor of Commerce:
The course curriculum of Bachelor of Commerce (B.Com) at top colleges such as SMS College of Arts and Science, one of the best BCom colleges in Tamilnadu and others are designed to educate students on various aspects of commerce and business. Here is the general syllabus of B.Com:
Semester I | Semester II |
English and Business Communication I | English and Business Communication II |
Business Economics I | Interdisciplinary E-Commerce |
Commercial Laws | Business Economics II |
Interdisciplinary Psychology for Managers | Corporate Accounting |
Principles for Financial Accounting | Business Laws |
Principles and Practices of Management | – |
Semester III | Semester IV |
Interdisciplinary Issues in Indian Commerce | Interdisciplinary Security Analysis and Portfolio Management |
Cost Accounting | Cost Management |
Company Law | Marketing Management |
Business Mathematics and Statistics | Quantitative Techniques and Methods |
Banking and Insurance | – |
Indirect Tax Laws | – |
Semester V | Semester VI |
Income Tax Law | Direct Tax Laws |
Management Accounting | Financial Management |
Indian Economy | Issues in Financial Reporting |
Production and Operation Management | Social and Business Ethics |
Entrepreneurship and Small Business | Operational Research |
Financial Markets and Services | Sectors Aspects of the Indian Economy |
Career Scope for Bachelor of Commerce:
As the business arena is expanding notably, so does the career scope for graduates with business-oriented education. As a Bachelor of Commerce is one of the best business education courses, there is immense scope for BCom graduates.
The placement umbrella for BCom graduates is so wide with a range of recruitment areas, numerous career options and top hiring companies. Let us get an idea below.
Areas of Recruitment for BCom graduates:
BCom graduates are not confined to a particular field, as commerce and accounting holds value in all sorts of field and thus has career options in various sectors such as:
- Banking
- Information Technology
- Insurance Industry
- Education
- Corporate Houses
- Stock Market
- Retail Sector
Range of career options after BCom:
BCom degree pursued in top colleges such as SMS College of Arts and Science, one of the best BCom colleges in Tamilnadu provides a wide range of career options and some of them are as follows:
Job Role after BCom | Average Salary in INR |
Budget Analyst | 6.04 LPA |
Accountant | 2.49 LPA |
Management Consultant | 11.4 LPA |
Computer Programmer | 4.79 LPA |
Auditor | 4.85 LPA |
Cost Accountant | 5.16 LPA |
Business Consultant | 9.86 LPA |
Investment Banker | 9.1 LPA |
Marketing Manager | 7.17 LPA |
Operations Manager | 7.8 LPA |
Top hiring companies for BCom graduates:
Bachelor of Commerce graduates are hired by notable companies and some of them are as follows:
Top Companies that hire MCom graduates | MCom Salary |
Deloitte | INR 8.07 LPA |
ICICI Bank | INR 4.65 LPA |
Ernst & Young | INR 5 LPA |
HDFC Bank | INR 3.50 LPA |
KPMG | INR 3.9 LPA |
Apollo | INR 5.42 LPA |
Accenture | INR 4.76 LPA |
Amazon | INR 8.20 LPA |
Grant Thornton | INR 9.70 LPA |
Cognizant | INR 7.73 LPA |
Infosys | INR 6.9 LPA |
Directi | INR 5.6 LPA |
Capgemini | INR 6.87 LPA |
Higher education option after BCom:
Bachelor of Commerce (B.Com) is a doorway towards the business world and offers initial insight and knowledge into the business entity. Following B.Com, there are significant higher education options such as:
- Master of Commerce (M.Com)
- Master of Business Administration (MBA)
- Bachelor of Education (B.Ed)
- Chartered Accountancy (CA)
- Chartered Financial Analyst (CFA)
- Certified Management Accountant (CMA)
Conclusion:
Hope this article sheds complete light on the BCom course. Taking up a BCom degree at the best BCom colleges in Tamilnadu is the first step towards a career in the business world and will help me have a bright future. As students aspire to have a strong career, BCom helps in building it.
FAQs:
1. What are the basic skills required for B.Com?
The basic skills required for B.Com are as follows:
- Analytical Thinking Skills
- Communication Skills
- Time Management Skills
- Problem-Solving Skills
- Interpersonal Skills
2. What is the average salary for BCom graduates in India?
The average salary for BCom graduates in India is around INR 40,000 per month which amounts to INR 4,80,000 per annum.
3. Are BCom and BBA similar?
No, BCom is a Commerce oriented course whereas BBA is a business administration-oriented course, yet both BCom and BBA are undergraduate courses.
4. Is M.Com the best higher education option after B.Com?
If a B.Com graduate is interested in strengthening his career in the business sector, then M.Com is the best higher education option after B.Com.
5. Is there scope for B.Com abroad?
Yes, there is better scope for B.Com abroad as top MNCs hire BCom graduates for accounts and financial departments.