Everything about B.Com
THIS ARTICLE WAS UPDATED ON 29/JUNE/2020
Once you have completed your higher secondary examination, you immediately start worrying about your next career move. Some students decide very early yet some have not decided about their future course of action.
It’s the time when you can decide your future. So, if you are still confused about options, we are here to help you. In this blog, we are going to talk about B.Com. You are going to get every essential information about B.Com, so let’s start.
- Eligibility:
Here is the answer to one of the most sought-after questions, i.e., eligibility for B.Com courses. Higher secondary education from a well-recognized board is the minimum qualification for the admission in the B.Com courses
If you have a commerce stream in your higher secondary then you automatically become eligible for B.Com otherwise you must have mathematics or economics as your core subjects in 12th. Apart from this bare minimum qualification, many colleges prefer their entrance exams. So keep an eye on various entrance exams as well.
- Syllabus in nutshell:
B.Com’s courses are intended to empower students in the field of commerce. The majority of the courses focus on accounting, finance, statistics but B.Com courses are also evolving with the changing time. Many universities have included management courses and computer science related courses in the curriculum of B.Com.
Over a while, B.Com’s degree has become more relevant. In three years, B.Com students learn about techniques and modern technologies which are quite helpful in businesses.
Here is a list of the main subjects of B.Com:
Every college has a different curriculum but few general courses remain almost the same, here is a brief list of courses that are taught in the first year of the B.com.
FIRST YEAR:
Business organization and management:
Since this is a commerce course, you will be learning the very basics of how to manage the business. The course business organization and management lays the foundation of strong managerial skills.
Financial accounting:
This course covers the fundamentals of financial accounting. B.Com degree provides necessary skills that can help a student in making his debut in the field of accounting.
Business economics:
Commerce courses are incomplete without economics. Economics courses pave the path for a solid understanding of business economics.
Business statistics:
Recently, statistics have gained lots of popularity due to its extensive use in data analytics but commerce courses have always given importance to statistics. At the graduate level, you’ll get a very basic idea of statistics that is enough to launch your career in the field of analytics.
Introduction to computer science application:
In this digitalization era, nothing is untouched by the impact of computer science. In this course, you’ll get all the necessary knowledge of computer science. This paper is defined in a way so that a student can easily work in the time of the internet revolution.
Business mathematics:
Mathematics is the soul of every commerce degree, you don’t need to be a pro in mathematics but you must know the basics so this course caters the same need.
SECOND YEAR:
Corporate accounting:
This is a slightly advanced course that talks about corporate accounting. You’ll get knowledge of various policies of corporates as well as methods of accounting in this course.
Marketing:
In every era, whether it’s digital or not, marketing always remains relevant. So, due to the unavoidable impact of marketing, this course gets a place in the second year of the degree.
Company law:
You should be aware of company laws, how management functions, and what is right or wrong in terms of the law. Here you get initial knowledge and you can take it further level by doing post-graduation.
Auditing:
If you want to be an auditor then your journey can begin from here. You’ll get entry-level knowledge of auditing and hereafter it’s up to how that much you want to gain.
Business communication:
In the last few years, soft skills have become an essential part of any job. You need to be very well versed in business communication. How to write proper emails, how to talk to your prospective clients, etc. are part of the Business Communication course. Take this course very seriously because it will help you in every phase of your career.
Principle of insurance:
Many students want a career in the insurance field after completing their commerce graduation. This is a quite lucrative job profile. This is the reason why B.Com’s degree includes the Principle of insurance course.
THIRD YEAR:
Income tax:
In this course, you’ll learn about income tax. This course covers the basics of income tax. Once you get mastery over this course, the rest of the things will become very easy for you.
Entrepreneur and small businesses:
Nowadays, even the Government is supporting entrepreneurship, that’s why a business student must be aware of all the skills needed for an entrepreneur and small business. This way, new jobs, and businesses can be created. This course is very significant in the current scenario and hence gets included in the B.Com curriculum.
Financial management:
This course is all about how to manage the finances of a company. Financial management is an essential skill for any commerce graduate.
Information technology:
What are the latest tools and techniques that are changing the market, is a very important thing for a commerce graduate. This course teaches the ABC of the IT industry.
There are a few colleges which have a semester-based education system instead of the year based system but basic courses remain the same in every college.
- Colleges
There are several colleges which are offering a B.Com degree. Select your college wisely, you must take a look at faculties, infrastructure, placements while finalizing your college. SMS Varanasi is among the top colleges of north India which is offering the best facilities to its students. They have a proven record of excellence.
- Careers after B.Com
There are plenty of options available post completion of your degree. In general, students have two choices, the first one is to get a higher degree such as M.com or M.B.A, the second one, is to choose jobs in various private and public sectors.
Most of the time commerce graduates prefer to get a job in the banking sector. Apart from this, they can get jobs in the insurance sectors.
Also, from these traditional jobs, a B.com graduate can easily get a job in an insurance or finance based BPO, junior-level marketing jobs, etc.
Whether you decide to pursue higher education or opt for jobs, a B.Com degree is there to help you as a foundation stone of your dreams.
Salary:
As a commerce graduate, you can get 2 lakh-3 lakh salary per year at the starting of your career. As your expertise increases, there is no limit to your salary increment. It will depend on your sheer hard work and smartness. Salary has never been a constraint for the right candidates in the industry.
This is the basic information about B.Com. If you have not made up your mind yet, this is the right time as admissions are open for the current session in colleges. It’s now or never, make most of your time and skills.
Good luck!