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B.Com in Accounting and Finance Course, Admissions, Eligibility, Syllabus, Fees, Career

B.Com in Accounting and Finance Course, Admissions, Eligibility, Syllabus, Fees, Career

Edited By Team Careers360 | Updated on May 14, 2024 06:11 PM IST | #B.Com

BCom Accounting and Finance is a three-year-long undergraduate degree programme in the finance domain which is equally segregated into six semesters which deal with different aspects of commerce, accounting, and finance. Some of the core subjects in BCom Accounting and Finance are accounting management, finance, general commerce management and business studies. This course in Accounting and Finance is offered under the B.Com degree with a major focus on commerce, accounting, business studies, management, and corporate finance and combined with a specialisation in accounting and management.

Aspiring candidates are required to complete their 10+2 with commerce or any other specialisation with a minimum of 50 per cent marks in order to be eligible for BCom Finance and Accounting admission. BCom Accounting and Finance graduates are equipped with technical and financial skills such as fundamentals of accounting and financial practices and applications of financial analysis along with accounting standards. In this article, we will discuss B.Com Accounting and Finance details, such as B.Com Accounting and Finance subjects, B.Com Accounting and Finance scope, B.Com Accounting and Finance syllabus, and B.Com Accounting and Finance eligibility criteria.

Highlights - BCom Accounting and Finance

Particulars

Values

Degree Name

BCom Accounting and Finance

Degree Type

Bachelor’s

Degree Duration

3 years

Entrance Exams

BHU UET, IPU CET

Eligibility Criteria

Class 12 with 50 per cent marks from any field.

Admission process

Merit-based and Entrance based.

Fees for the entire duration

Rs. 25,000 to Rs. 3 lakh

Average Salary

Rs. 5 lakh per annum.

Job profiles

Finance executive, Financial analyst, Credit Manager, Corporate Manager, Risk Analyst, Sales Team Manager, Executive Assistant, Export Manager

Top recruiters

NABARD, PNB, EY, KPMG, Deloitte, PWC, Oracle, Gartner, SBI, CBI, Accenture.

BCom Accounting and Finance Eligibility Criteria

BCom Accounting and Finance eligibility criteria is similar to every other undergraduate degree programme. Students need to secure a minimum of 50 per cent in 10+2 from a recognised Indian board. The BCom Accounting and Finance eligibility criteria is defined as the predefined parameters specified by the university that students must meet in order to be eligible for the admission process. Students who successfully meet the BCom Accounting and Finance eligibility criteria are eligible to participate in the admission process whereas students who do not meet the eligibility criteria are disqualified from admission.

  • Candidates are required to successfully complete their 10+2 examination in any stream from a recognised board in India.
  • Aspirants need to score a minimum aggregate of 50 per cent marks.
  • The minimum scores might change depending on the number of seats available in a college and the number of applicants.

Admission Process for B.Com Accounting and Finance:

BCom Accounting and Finance admission process is conducted in both online and offline modes. Candidates interested in BCom Accounting and Finance admission should check the BCom Accounting and Finance eligibility and admission process beforehand. The admission process is generally the same for most of universities except for a few colleges. Below we have mentioned the complete step-by-step BCom Accounting and Finance admission procedure:

  • Students are required to contact the admissions office and submit their documents physically and wait for the merit list to be out for the offline mode.
  • For online mode, students are required to visit the university website and create their applicant account with basic information.
  • After creating the account, students are required to fill out the application form consisting of personal details, academic information, and professional details.
  • Students are then required to submit the application form along with the application fee.
  • After the application deadline is reached and the university receives all the applications, they review every candidate's profile and prepare a merit list as per the availability of seats.
  • Candidates are then required to lock their admission seats by paying the first fee deposit to the admissions office and getting their documents verified.

Top Entrance Exams for BCom Accounting and Finance

BCom Accounting and Finance admission process includes both merit-based and entrance-based processes. There are various B.Com Accounting and Finance colleges that conduct their own examination while there are a few entrance examinations conducted on the state level.

BHU UET: BHU UET is a university-level entrance examination conducted by Banaras Hindu University. BHU UET is conducted in order to assess students on the basis of their knowledge in particular subjects and provide them admissions as per the merit list. Candidates find the relevant BHU-PET details mentioned in the table below:

IPU CET: IPU CET is a university-level entrance examination conducted by GGSIPU every year for admission to various courses along with BCom Accounting and Finance. The examination is one of the top entrance exams when it comes to admission for B.Com accounting and finance.

Cutoff of B.Com Accounting and Finance Colleges

BCom Accounting and Finance cutoff is different for every university and is defined as the minimum scores required by students for admission to the degree programme. There are various factors that decide the B.Com Accounting and Finance degree cutoff such as the number of seats available, the difficulty level of the exam, and the number of students appearing in the exam. Candidates who are interested to pursue BCom Accounting and Finance course should know the cutoff for any particular university and must check their website for the results.

Skills Required for B.Com Accounting and Finance

BCom Accounting and Finance is a degree programme that requires students to develop various skills in analytical as well as strategic aspects. Through core and soft skills, one can excel in the field of commerce and finance. Some of the important skills required for BCom Accounting and Finance are having a strong analytical mindset, knowing finance, and being good with numbers. Other than these, there are various skills that a candidate must exhibit in order to perform well. Candidates can find the list of top skills required for BCom Accounting and Finance:

Strategic mindset

Leadership skills

Communication skills

Time management

Analytical skills

Market awareness

Managerial Skills

Decision-making skills

B.Com Accounting and Finance Subjects/Syllabus

B.Com Accounting and Finance syllabus is generally similar for every university and is designed in a way that caters to both accounting and financial aspects of commerce. Students can find the details of the B.Com Accounting and Finance subjects mentioned in the table below according to the semesters:

Semester 1Semester 2
Business Communication – I

Business Communication – II

Finance AccountingFinancial Accounting – II
Cost Accounting (Introduction)

Auditing (Introduction) – I

Financial Management (Introduction)

Taxation – I (Indirect Taxes)

Business Environment – I

Business Communication – II

Business Economics – IBusiness Law
Foundation Course – IBusiness Mathematics
Semester 3Semester 4
Information Technology in Accountancy – I

Information Technology in Accountancy – II

Business Economics – II

Introduction to Management

Business Law – IIBusiness Law – III
Finance Market Operations – II

Research Methodology in Accounting and Finance

Operation ResearchWealth Management
Methods of CostingTaxation
Financial Accounting – III

Financial Accounting – IV

Auditing Techniques - IIAuditing Techniques – III
Semester 5Semester 6
Management Application IIIndian Economy III
Financial Accounting VFinancial Accounting VI
Cost Accounting IVCost Accounting V
Financial Management – II

Financial Management – III

International Finance – I

Security Analysis and Portfolio Management

Financial Analysis and Business ValuationFinancial Accounting VII
Direct Taxes - IDirect Taxes – II
Project Work IProject Work II

B.Com Accounting and Finance Fee Structure

B.Com Accounting and Finance fee structure is vary depending on the type of university and the type of facilities provided by the university such as lodging, food, and industrial training. The average fee structure for B.Com accounting and finance is around Rs. 50,000 to Rs. 5 lakhs for the entire course. There are also various private and government scholarships available for students with exceptional merit lists.

B.Com Accounting and Finance Scope

B.Com Accounting and Finance has a lot of scopes if candidates exhibit the appropriate skills that are required in the industry. Finance and commerce are two of the most important departments of any organisation and hence provide a lot of employment options. B.Com degree has various specialisations but this course is an appropriate amalgamation of commerce, accounting, and finance. Candidates might be able to get senior-level roles in case they pursue a higher degree with a similar or different specialisation such as MBA, M.Sc., M.Com., or MA. Candidates interested to move towards the research side can also pursue a Ph.D after post-graduation.

Career Options After Completing B.Com Accounting and Finance:

There are various career options after completing BCom Accounting and Finance. After the completion of this degree programme, students can choose to either work as an entry-level professional in the commerce and finance industry. After the completion of this degree programme, candidates can find lucrative job options in the finance and commerce industry as entry-level professionals with at least Rs. 6 lakhs per annum. Some of the most popular job profiles are export executive, sales team manager, risk analyst, corporate manager, sales manager, executive assistant and more.

Financial Analyst: Financial analysts are professionals who are responsible for analysing the financial data, reports of the company, and market financial conditions. After analysing the financial data, financial analysts recommend other financial pathways in order to increase the profitability of the organisation.

Credit Manager: Credit managers are professionals who are responsible for checking the creditworthiness of a business to identify their ability to pay or repay the loans, and credit lines, which are used for purchasing equipment and goals.

Sales Executive: Sales executives are professionals who are responsible for managing sales territories with predefined targets of income. They manage the number of sales being made in a quarter and check different ways through which the quarterly sales can be increased generating greater revenue.

Top Recruiters:

Google

Larsen & Toubro

DeloitteNestle
NTPCFlipkart
CitibankMicrosoft
ITCAmazon
VodafoneWipro

Benefits of BCom Accounting and Finance:

BCom Accounting and Finance is a degree programme that has various benefits and reasons to be pursued by students. BCom Accounting and Finance graduates are equipped with technical skills such as fundamentals of accounting and financial practices and applications of financial analysis along with accounting standards. After the completion of this degree programme, candidates can find lucrative job options in the finance and commerce industry as entry-level professionals with at least Rs. 6 lakhs per annum. It is a degree programme with B.Com core subjects such as commerce, accounting, business studies, management, corporate finance and more combined with a specialization in accounting and management.

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Salary Trends for B.Com Accounting and Finance:

The expected salary of a candidate after completion of BCom finance and accounting is variable and depends on the candidates as well as the organisation. For a candidate with less than a year of experience, the average annual compensation is around Rs. 3 lakhs to Rs. 5 lakhs per annum. After gaining some experience for about 1 to 3 years, candidates can earn an average annual compensation that ranges between Rs. 6 lahks to Rs. 8 lahks per annum. The top-level salary for a candidate with at least five years of experience is around Rs. 8 lakhs to Rs 12 lakh per annum including bonuses, overtime pay, and tips.

Job Profiles
Average Salary
Financial AnalystRs. 4.0 LPA
Credit ManagerRs. 6.0 LPA
Sales ExecutiveRs. 2.4 LPA

List of Top colleges in India offering B.Com Accounting and Finance Courses

B.Com Accounting and Finance courses if offered by various B.Com Accounting and Finance colleges in India. Prior academic achievements and admission test scores are used to determine admission. B.Com Accounting and Finance is offered by a number of India's top institutions and also B.Com Accounting and Finance fees.

Top Private B.Com Accounting and Finance Colleges in India

There are various private degree colleges in India that have BCom Accounting and Finance degree programmes and these colleges are slowly gaining popularity among students. Candidates can find the top private B.Com Accounting and Finance colleges in India mentioned in the table below.

Colleges
Fees
RD National College of Arts and Science, Erode
-
Maharshi Dayanand College of Arts Science and Commerce, Parel
-
KD College of Commerce and General Studies, Paschim Medinipur
Rs. 20,200
Shankar Narayan College of Arts and Commerce, Bhayandar
Rs. 54,810
The Byramjee Jeejeebhoy College of Commerce, Mumbai
-
Shri Chinai College of Commerce and Economics, Mumbai
-
Sterling College of Arts Commerce and Science, Nerul
-
S K College of Science and Commerce, Navi Mumbai
-
AE Kalsekar Degree College, Thane
Rs. 58,960
Manjunatha College of Commerce, Thane
Rs. 46,660


Frequently Asked Question (FAQs)

1. What is a B.Com accounting and finance?

B.Com accounting and finance is a degree programme with B.Com core subjects such as commerce, accounting, business studies, management, corporate finance and more combined with a specialization in accounting and management. 

2. What is the duration of a B.Com accounting and finance?

B.Com accounting and finance is a three year full-time undergraduate degree segregated into six equal semesters.

3. What are the specialisations available in B.Com accounting and finance?

B.Com accounting and finance is a degree with specialisation itself and has no further specializations.

4. What is the eligibility criteria for a B.Com accounting and finance

Candidates are required to successfully complete their 10+2 examination with a recognised board of India from any specialisation with a minimum aggregate of 50 per cent. 

5. What is the admission process for a B.Com accounting and finance?

B.Com accounting and finance admission process is conducted online and offline on the basis of students’ Class 12 scores as well as entrance exams. 

6. What are some of the top entrance examinations for B.Com accounting and finance?

IPU CET and BHU UET are some of the top entrance examinations for B.Com accounting and finance. 

7. What is the fee structure of a B.Com accounting and finance?

The average fees for B.Com accounting and finance degree programme varies between a range of Rs. 50,000 to Rs. 4 lakhs for the entire duration. 

8. What is the expected salary after completing a B.Com accounting and finance?

The average annual compensation for a B.Com accounting and finance graduate is around Rs. 5 lakh per annum.

9. Which companies hire B.Com accounting and finance graduates?

Larsen & Toubro, Nestle, Flipkart, Microsoft, Amazon, and Wipro are some of the top recruiters of B.Com accounting and finance graduates.

Articles

Explore Top Universities Across Globe

University of Essex, Colchester
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University College London, London
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The University of Edinburgh, Edinburgh
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University of Nottingham, Nottingham
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Lancaster University, Lancaster
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Questions related to B.Com

Have a question related to B.Com ?

Hello aspirant,

Business Finance and Accounting B.Com DAV College offers a full-time, three-year Hons course.

Admission to this college for the Bachelor of Commerce (Hons) degree is solely determined by merit.

For more information you can visit our website by clicking on the link given below.

https://www.careers360.com/colleges/dav-college-chandigarh/bcom-business-finance-and-accounting-hons-course

Thank you

Hope this information helps you.

Hello! Pune University offers online courses. Check their official website for BA in History details, admission process, and eligibility criteria. Reach out to the university's distance education department for specific information and guidance on your situation. Good luck with your academic pursuits!

Greetings!

It's great that you've identified your interest in science. To make this change, you may need to check the admission requirements for the GNM course at Khalsa College of Nursing. Reach out to the college for details on the application process, eligibility criteria, and any entrance exams. Consider talking to a career counselor for guidance on transitioning to a science-based field. Good luck with your career change!



Greetings!

If you're looking to pursue your BCom course online while studying for your Chartered Accountancy (CA) professional course, there are several reputable online platforms and universities offering such programs. Some well-known options include:

1. Indira Gandhi National Open University (IGNOU): IGNOU offers online BCom courses and is a widely recognized institution.

2. Symbiosis Centre for Distance Learning (SCDL): SCDL provides online education and offers a BCom program that you can consider.

3. Amity University Online: Amity University offers online courses, and they have a BCom program that you might find suitable.

4. University of Madras - Institute of Distance Education (IDE): They have an online BCom program that you can explore.

Before making a decision, it's important to check the course structure, faculty, accreditation, and reviews of these institutions. Additionally, verify if the BCom program aligns well with your schedule alongside your CA studies. Always make sure the institution is recognized and offers the flexibility you need for your dual pursuit.

Hello,


Below are some colleges under Delhi University that offer B.Com+LLB courses:


1) Faculty of Law, University of Delhi
2) Guru Gobind Singh Indraprastha University, Delhi
3) Amity Law School, Delhi
4) Jamia Millia Islamia, Delhi
5) National Law University, Delhi



Hope this helps,

Thank you

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