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August 18, 2021

Different types of BCOM Courses

Types of BCOM Courses: The full form of B.Com generally stands for Bachelor of Commerce. It is one of the most popular courses among the students after qualifying class 12. B.Com is a three-year undergraduate degree program that is offered full-time at LNCT University.

Coming to the options that are available to the students in the B.Com course that is the B.Com (Honours) & the B.Com General. B.Com (Honours) course curriculum is designed to provide guidance to the students in several specialized subjects. But in the case of B.Com general teachers provide a helicopter view of all the subjects that are involved in honours. Here, we will discuss different types of BCOM Courses.

Those, who had Science or Humanities in Class 12, can also enroll themselves for this BCom course. It is one of the courses that allow candidates of any stream to pursue this UG degree program. Although various universities also offer integrated degree programs in the B.Com courses.

Candidates have to secure a minimum of 50% to 60% in the Class 12 board exams, in order to apply for the BCom courses. Here, we will discuss different types of BCOM Courses.

Basically, these integrated UG level degree programs include B.Com LL.B, B.Com MBA, B.Com CMA, & so on. The fundamental concentration of the BCom courses is to deliver adequate knowledge across commerce & finance disciplines. Here, we will discuss different types of BCOM Courses.

Candidates are given free hands even to choose elective subjects throughout the BCom course program. Here, we will discuss different types of BCOM Courses. This three years UG-level degree program is divided into six semesters. The topics that are covered during the entire course program are as follows:

Securing a high score in the BCom degree program is the direct gateway to building a career in the sectors such as:

Commerce
Finance
Accounting
Banking
Insurance

Throughout the entire course program, a student learns about in-depth conceptual knowledge & analytical skills. Having a deep understanding of these will be extremely helpful for them in the areas of employment at several positions. The main motive of this course program is to deliver comprehensive knowledge of accounting, finance, taxation, law, management, etc. Here, we will discuss different types of BCOM Courses.

Most importantly, professional students receive the golden opportunity to acquire knowledge about computerized accounting. Also, they can get an amazing chance of doing training with chartered accountants.

As mentioned below, the above mentioned postgraduate students can start working in positions such as:

Business Consultant.
Auditor
Chief Financial Analyst
Personal Financial Advisor
Tax Consultant
Teacher
Actuaries
Budget Analaysts
Cost Estimators
Entrepreneurs/ Startups
Finance Managers
Business Consultants
Certified Public Accountant

Apart from these sectors, graduates can also go for higher studies in relevant fields like Chartered Accountancy, Cost Accounting, & Company Secretaryship. Here, we will discuss different types of BCOM Courses. After successfully completing the BCom course program, students can also proceed with different fields. Like Management, Teaching, Advertising, Journalism, Mass Communication, Law, Design, etc. The average salary package offered to a BCom graduate generally starts from ₹ 3 lakhs per annum & upwards. Here, we will discuss different types of BCOM Courses.

Professional BCom Courses: Major Highlights

Course Level	Under Graduate
Course Duration	3 years
Type of Examination	Either Semester or Yearly System is applicable
Eligibility	50%-60% minimum score in Class 12th/Higher Secondary/HSC Examination from a recognized board
Admission Procedure	Based on the performance of the students in the entrance exams. Colleges and universities admit students on the basis of these aspects.
Average Salary (₹)	₹ 2 to 6.5 Lakhs per annum
Top recruiting companies in this field	AXIS Bank, Max Life Insurance Company Limited, Apollo Munich Health Insurance Company Limited, HDFC Bank, SAP Labs, ICICI Bank, American Express, Ujjivan Financial Services, Google, L&T Infotech, IBM, Cactus Communications, Mahindra & Mahindra Financial Services Limited, Dell, Godrej
Job Profiles in this field	Chief Financial Officer, Consultant, Financial Analyst, Commodity Trader, Stock Broker, Finance Officer, Auditor, Business Consultant, Certified Public Accountant, Company Secretary, Chartered Accountant, Sales Analyst, Cost Estimator, Junior Analyst, Tax Accountant, Business Analyst, Bank PO, Accountant, Event Manager, Financial Manager, Economist, Business Development Trainee, Tax Consultant, Account Executive
Industries/Job Sectors	Accounting and Auditing, International Banking, Information Technology Services, Government Services, Telecommunication Services and BPO’s, Automobile, Retail, Tax Advisory Services, Financial Services, Commercial Banking, Insurance Services, Manufacturing Services, Hospitality, Media

Professional BCom Courses: Eligibility Criteria that you need to know

This is one of the most sought courses are opted by the students & also offered by every recognized college & university in India. Here, we will discuss different types of BCOM Courses. This UG level program can be pursued in both regular & distance modes of education as per the student’s preference. The eligibility criteria that are required for applying for the BCom course program are discussed below:

Candidates must have qualifies for their Class 12 board exam by securing 50% or 60% marks from a recognized board.

Aspiring candidates must have a Commerce stream in classes 11 & 12 with Accountancy, Business Studies, Economics, & Maths (optional) as the compulsory subjects. And English as the main subject.
Candidates must have to fulfill the minimum cut-off that is set by the colleges to admitting the students to the course program. However, the cut-off marks perhaps vary from one college to another.
There are also perhaps be entrance exams or counselling on the basis of the HSC marks & percentage.

Professional BCOM Courses: Step-by-step Admission Process

Candidates have to score an aggregate of 50% in their Higher Secondary exams. Here, we will discuss different types of BCOM Courses.

Direct Admissions

First & Foremost you have to fill & submit the application form released by the LNCT University. The application form will be available on the official site of the college. Fill the application form according to the required details provided to it. After submitting the application form, LNCT University will make a merit list & publish it to letting in students. If your marks are higher than the cut-off set by the college. Then you will succeed to reserve your seat in the college.
After being entitled to admission, candidates will have to appear for counselling rounds conducted by the LNCT University.

Syllabus of BCOM course program

In BCOM (Honours) or BCOM (General), a wide range of topics are covered in the three years. Now, these three years are divided into six semesters with a duration of six months each. Here, we will discuss different types of BCOM Courses. This study program mainly focuses on commercial disciplines of things. Meanwhile, various subjects such as Language, Computer Applications, Cyber Crimes & Laws are also taught to students.

The semester wise course curriculum is given below in a tabular form that is as follows:

Syllabus of Semester I

Accounts	Maths/ Computer
Economics	Business Communication
Environment and Public Health	Computer Applications and IT
English	Second language

Syllabus of Semester II

Accounts	Economics
Management	General Awareness 1 & 2
Maths	Computers

Syllabus of Semester III

Income Tax Laws	Financial Markets and Institutions
Banking and Insurance	Indian Economy
Microeconomics-I	Corporate Accounting-I

Syllabus of Semester IV

Semester IV is basically divided into two groups named Group A & Group B which are as follows:

Group A:

Corporate accounting-II	Basics of cost accounting labor
Elements of company Law-II	Macroeconomics-II
Managerial communication	Overheads SPL
The Indian banking system and central banking	–

Group B:

Business Communication

Marketing Management Subjects

Syllabus of Semester V

Cost accounting	Banking & Financial systems
Entrepreneurship	Income Tax
Marketing Management	–

Syllabus of Semester VI

Advance accounting paper 2	Contemporary Indian economics Issue and policies
BCom Indirect Taxes paper 2	Mercantile Law-II
Marketing Management	–

Major Subjects of BCOM Course programs

Decision Analysis	Government
Human Resource	Law
Logistics Management	Economics
Information Management	Labour Relations
Auditing	Management Science
Insurance	Marketing
Industrial Psychology	Econometrics
Accounting	Banking
Politics and Public Policy	Communication
Transport Economics	Taxation

List of the important books for BCOM in Accounting & Finance

Listed below, the name of books that a BCOM undergraduate student must follow for ample knowledge are:

Name of the Books	Name of the Author
Corporate Accounting	Dr. S.M Shukla
Financial Accounting	Dr. Anil Kumar
Business Research Methods	K.Ramachandra
Business Law	M.C Kuchhal
Business Communication	Pooja Khanna
E-Commerce	K.C. Lauden
Cost and Management Accounting	M.N Arora
Tax Laws	Dr. Vandana Bangar
Advanced Financial Accounting	D.K Goel
Modern Business Organization	N. Mishra
Direct Tax Planning	S.P. Goyal
Wage and Salary Administration	J.D. Dunn & F.M. Rachal
Financial Accounting: Concepts and Applications	J.R. Monga
A Microeconomic Theory	Richard Bilas
Intermediate Microeconomics	Maddala & Miller
Cost Accounting: principles & Practice	M.N. Arora
Law and Practice of Income Tax	B.B. Lal
Indian Company Law	Harpal Singh
Basic Business Statistics: Concepts & Applications	Berenson & Levine
Business Law	Maheshwari & Maheshwari

Course Comparison between Professional BCOM course & BBA course

BCOM Professional course & BBA course are quite similar in some aspects. But there are also several differences between these two courses which are as follows:

Points of differences	Professional BCOM course	BBA course
Full Form	Bachelor of Commerce	Bachelor of Business Administration
Focus of the Study	Finance and Commerce	Management
Course Details	This course program is specifically focused on finance and commerce portions. Meanwhile, there is also some management education include in this course.	This course program is more concentrated on offering holistic in-depth learning to the students. However, subjects such as Finance and Commerce are also involved in this program. But these subjects are not the key focus of the BBA Course.
Course Duration	3 Years	3 Years
Eligibility Criteria	Have to secure a minimum of 50% in the HSC board exam from a recognized board.	Have to secure a minimum of 50% in the HSC board exam from a recognized board.
Fee Structure of the course (₹)	14,000 to 2.5 Lakhs	1 Lakh to 5 Lakhs per
Average Placement Package offered (₹)	2 to 6.5 Lakhs per annum	2 to 9 Lakhs per annum

Why should you opt for BCOM?

One of the magnificent reasons to study this course program is the fruitful &high-paying career opportunities. These fascinating opportunities are available in the line of business as well as commerce. However, the most challenging roles are Accounting, General Aptitude, Marketing, Finance, etc.
Pursuing a BCOM course also leads the way for several examinations like MBA, CA, Actuaries, CFA. Also, you can sit for a spectrum of financial examinations after completing the BCOM course.
When it comes to building & establishing a career, BCOM course programs are considered the best possible choice for students after passing the HSC exam. Once you start working in companies at the entry-level. But after few years according to your knowledge & expertise, you will be promoted to middle & senior management levels.

BCOM Course Programs: Jobs Position

Plenty of lucrative job opportunities are available after pursuing BCOM course programs. Tabulated below, some of the top job profiles that a graduate can get after BCOM:

Job Profile	Job Description	Average Salary Package offered to play the role (₹)
Business Analyst	This job role is mainly offered to an MBA graduate though. But there are various companies that seek graduates of BCOM course programs. Graduates must hold a degree from a renowned college in INDIA. In that case, a BCOM graduate can get this job role. A fresher can get valuable insights into the entire industry while doing this job.	4 to 6 Lakhs per annum
Business Consultant	Specifically, the key role of this job inculcates multiple roles. Therefore every company & industry recruits BCOM professionals for this role. Even freshers can bag this job role if they achieve a very good score in their graduation.	6 to 10 Lakhs per annum
Financial Risk Manager	The job role of a Financial Risk Manager is determined as one of the most prestigious positions. Generally, the corporate world hire candidates right after qualify the B.Com course. The duty of a Financial Risk Manager involves risk management, financial analysis, wealth management, & a lot more.	10 to 17 Lakhs per annum
Auditor	An Auditor plays a very significant role for a company. Every company appoints an auditor to verify its financial transactions with a third party. Therein comes the crucial role of an auditor. To become auditors candidates have to possess exceptional & desirable skillsets.	3 to 6 Lakhs per annum
Investment Banker	The fundamental responsibility of an Investment Banker is to go through the portfolios as well as to properly manage them. A portfolio leads to the valuation aspects of a company. It is an extremely crucial job responsibility.	2.5 to 30 Lakhs per annum
Account Executive	Account Executives must be enough cooperative as they have to work with various other teams. Such as marketing, sales, finance & coordinate a plethora of vital activities of the business.	3.5 to 5 Lakhs per annum
Government Jobs	It is the most common & feasible career option for any graduate. Numerous government exams conduct throughout the year. Those who have completed BCOM can appear for the banking jobs exam. This is the most ideal & lucrative job for a BCOM graduate.	5 to 12 Lakhs per annum
Insurance Manager	They are accountable for properly handling & monitoring the day to day transactions of an insurance corporation	7 to 10 Lakhs per annum

Job Areas after completing the BCOM course

After passing out from a reputed & recognized university, BCOM graduates can work in several job areas. Some of the job areas that are ideal for graduates to make a grand entry are as follows:

Government & Private Banks
Business Consultancies
Educational Institutes
Industrial Houses
Public Accounting Firms
Policy Planning
Foreign Trade
Banks
Budget Planning
Inventory Control
Merchant Banking
Marketing
Working Capital Management
Treasury & Forex Department
Investment Banking
Manufacturing Houses

The requirement of qualified & skilled BCOM graduates has been increasing day by day in India as well as abroad. Candidates, who have passed with a specialization in any of the BCOM courses, have various career options. This field is evergreen as well as has immense attractive & remunerative job opportunities.

The job opportunities are also increasing vastly as the Central Government comes up with a new initiative. This initiative is going to primarily focus on developing & supporting startups & a variety of new businesses.

High Salary Packages

As we have already discussed earlier, whether it is a government sector or a private sector, there are immense employment opportunities. It is becoming one of the demanded braches with lucrative salary packages. An average salary package offered to the graduates at the entry-level generally ranges between ₹ 2,00,000 to ₹ 4,00,000.

The salary package of BCOM graduates depends on various factors like knowledge, proficiency, academic qualification, prior working experience, etc. As given below, the table of salary packages at all three levels starting from fresher to senior level:

Levels/ Category	Annual Salary package offered
Fresher/Initial Salary	₹ 2,00,000 to ₹ 4,50,000
Medium Level Salary	₹ 4,50,000 to ₹ 7,00,000
High/ Senior Level Salary	₹ 8,00,000 to ₹ 11,00,000

Scope of opting BCOM course programs

Those students who are pursuing BCOM course programs have an evergreen & tremendously bright future. As there are many new companies are opening all over the country. These companies will require BCom graduates to manage several operating activities of the companies.
A BCOM graduate can also get hired for the role of MBA graduate. Several companies find it affordable to hire BCOM graduates for various functional areas of the companies as well.
With the vast number of growing MSMEs across the country, demand for BCOM candidates is also growing simultaneously. Therefore, opting for the BCOM course is going to be very beneficial for candidates that will kick start their career.

Click here to know more.

Jobs after BCOM: Top Recruitment Companies in India

The top recruiters who offer a high-paying job to BCOM graduates are tabulated below:

Accenture	Wipro
Capgemini	Cognizant
TCS	Amazon
Genpact	Flipkart
Ernst & Young	Deloitte

The graph below shows the salary offered to BCom graduates by some of the popular companies:

Academic Courses to pursue after BCOM course programs

MBA: If you want to build your career in the managerial line then MBA is the best course for you. You can opt for the MBA course program after completion of the BCOM course program. Those who have a knack for businesses can also opt for this course. It is a 2-year post-graduate degree program offered by various business schools in India as well as abroad.

But the development of a career will absolutely depend on the colleges from where you are pursuing this course. So make sure that you admit yourself to a good MBA college for the best placement opportunities. Read more.

Masters in Applied Economics: After passing the BCOM course program from a reputed college, you can proceed with the Masters in Applied Economics course. It is also a 2-year post-graduate program, concentrates on the more of economics aspects. However, it is considered the latest & advanced version of BCOM. It mainly deals with the systematic study of the essential commerce disciplines.

Masters in Accountancy or Finance: If you want to further go with the study of accounting or finance then it is the perfect fit for you. During the entire course program, students learn the technical portion of finance & various quantitative techniques. The duration of this course program is 2 years.

Job-oriented Professional Courses to be done after BCOM

Company Secretary (CS): If you are desirous to become an MD (Managing Director) or CEO (Chief Executive Officer) from an executive secretary. Then this is the perfect course for you to do after the BCOM course program. CS is the line where immense attractive job opportunities are available throughout the year.

Job opportunities after completing CS

Chartered Accountant (CA): This course is offered by the most renowned institute of India that is the ICAI (Chartered Accountants of India). Basically, this course has three levels: CPT, IPCC, &CA Final. But you can start from the IPCC level if you have already completed the BCOM course program.

Institute of Cost & Works Accounts of India (ICWAI): In simple words, it is generally a Cost Accounting course program. After successfully completing this course, you can start working in various positions like Chief Accountant, Financial Controller, Cost Controller, etc. There are also three levels include foundation, intermediate as well as final courses.

Certified Public Accountant (CPA): If you want to explore & prosper your career in the field of Accountancy & that too worldwide. Then you should go with this specified course program. The duration of this course program is generally 1 year. Also, it is one of the courses that are highly considered as an International course. This course is a gateway to various career opportunities in the branches of accounting & CFO positions.

Accounts Related Courses that can be pursued after the BCOM course

Association of Chartered Certified Accountants:

ACCA is best known as one of the leading organizations worldwide. It is rapidly growing at a speedy pace that’s why the majority of the students prefer this course after the BCOM course. This course is inclusive of almost 14 exams & the course duration is generally around 2 years.

Business Accounting & Taxation (BAT): If you have a strong interest in the subjects like Accounting and Taxation, this is the perfect course for you. This course has a very short time duration that is 1 year. After completing this course you can numerous lucrative jobs in the field of taxation and accounting.

Cost Accounting: It is the course that usually involves disciplines like overall budget, cost, and profitability of various products, activities, and services. All of these aspects generally come under the domain of cost accounting. In this course, you will get the chance of exploring vital concepts like planning a profit, cost management. Apart from that, you will get adequate knowledge of pricing, cost variance analysis, and lot more disciplines.

Finance Related Courses to do after BCOM course programs

After BCOM graduates can go with the higher studies of finance-related courses. These courses are Chartered Financial Analyst (CFA), Financial Modelling, and Financial Risk Management (FRM). In addition to that, they can also study a variety of Banking and Insurance related courses. These courses include Certified Bank Manager Program, Diploma in Banking, and Financial Services, Post Graduate Diploma in Banking, Personal Insurance Course, etc.

Best College in Bhopal for BCOM

LNCT University is the top Private University located in Bhopal in the district of Madhya Pradesh. It was built in 2015 by the LNCT group. LNCTU School of Commerce & Management provides students with a wide range of skills & comprehensive education to become professionals in this field. It is considered to be one of the top-rated & recognized universities all over Central India. LNCT University is committed to guiding & create professionals according to the industrial requirements of the future.

It is a private university approved by the All India Council for Technical Education (AICTE), New Delhi & recognized by University Grant Commission (UGC). LNCTU believes in providing valuable & quality education to its students with a world-class infrastructure and learning-friendly environment.

Click here to know more about LNCTU School of Commerce & Management.

BCOM Course Specializations: LNCTU- School of Commerce & Management

Name of the Course	Duration of the Course	Specialization of BCOM	Eligibility Criteria
B.Com.	6 Semester	B.Com.- Commerce	Have to qualify 12th board exams (Commerce/Science/ Humanities). Score a minimum of 50% marks for General (SC/ST – 40%) (OBC- 45%)
B.Com.	6 Semester	B.Com-CA (Computer Application)	Have to qualify 12th board exams (Commerce/Science/ Humanities). Score a minimum of 50% marks for General (SC/ST – 40%) (OBC- 45%)
B.Com.	6 Semester	B.Com-Taxation	Have to qualify 12th board exams (Commerce/Science/ Humanities). Score a minimum of 50% marks for General (SC/ST – 40%) (OBC- 45%)
B.Com.	6 Semester	B.Com – Honours.	Have to qualify 12th board exams (Commerce/Science/ Humanities). Score a minimum of 50% marks for General (SC/ST – 40%) (OBC- 45%)
B.Com.	6 Semester	B.Com-Banking	Have to qualify 12th board exams (Commerce/Science/ Humanities). Score a minimum of 50% marks for General (SC/ST – 40%) (OBC- 45%)

BCOM Course Programs: Course Comparisons

Now, it’s time to go through the various specializations of BCOM course programs that we have discussed above.

Given below, the course comparison between B.Com & B.Com (Honours):

Parameters	B.Com	B.Com (Honours)
Duration of the Course	3 years	3 years
Overview	In this study program, students learn an overview of all of the disciplines in this field. There are a lot of similarities between B.Com & B.Com (Honours). But students who are pursuing this course will not be capable to choose a specialization in a specified subject.	The subjects that are taught to students are as same as B.Com. But B.Com (H) is more beneficial for students as they can opt for a specialization in a specific subject in this program. Students are allowed to choose subjects like Accounting or Economics as a specialized subject in the final year.
Course Objective	The objective of this course is to impart knowledge to the students about various subjects in the commerce domain.	Whereas B.Com (H) is a business-oriented course that improvises student’s skills & delivers deep knowledge in the domain of commerce. Students undergoing this course can also study CA along with BCOM.
Admission Process	Admission is strictly done on the basis of HSC results. But the cut-off marks are less compared to the B.Com (H) course programs.	Admission is strictly done on the basis of HSC results. But the cut-off marks are high.
Market Value	B.Com program is not much advantageous for career growth. It is not as valuable as B.Com (H)	As the B.Com (H) provides a variety of specializations. This is why it offers better career opportunities & good salary packages. It is a value-added course program that will secure the future of the students.

Top Specializations of B.Com Course programs

Some of the most opted specializations in the B.Com course program are discussed below.

B.Com Accounts & Finance

It is one of the most common & recommended specializations in the domain of Accounting & Finance. If you have a very strong grasp on understanding Mathematics & Economics then it is a perfect fit for you.

Subjects which are taught in this entire course program are Wealth Management, Business Communication, Business Law, Cost Accounting, International Finance, etc.

B.Com in Banking & Finance

Those who want to work in the banking & finance sectors in the future can opt for this specific specialization in B.Com course programs. Specifically, this course has been fabricated to guide & train students into professionals.

This course taught students to effectively manage ample financial activities linked up with banking & insurance. So that they can work efficiently in the Banking & Insurance environment.

B.Com in Taxation

An undergraduate degree program with a time duration of 3 years. Candidates who have an interest in the field of taxation & can solve problems regarding this can pick this specialization.
The topics which have been covered during this course include the study of standards of bookkeeping, monetary arranging. Also various aspects like monetary hypothesis with a specific focus on tax assessment. Basically, this is a process of imposing a tax on the disciplines that earn “taxable” income.

Conclusion:

B.Com is becoming one of the most demanded courses that a candidate can pursue after the HSC exam. In this article, the in-depth BCOM course program & its specializations are discussed. Candidates have to secure a minimum of 50% to 60% in the Class 12 board exams, in order to apply for the BCom courses. In this specific blog, we have throw light on some of the popular BCOM Courses.

After successfully completing the BCom course program, students can also proceed with different fields. Like Management, Teaching, Advertising, Journalism, Mass Communication, Law, Design, etc. The average salary package offered to a BCom graduate generally starts from ₹ 3 lakhs per annum & upwards. An average salary package offered to the graduates at the entry-level generally ranges between ₹ 2,00,000 to ₹ 4,00,000.