B.Com in Accounting and Finance Course, Admissions, Eligibility, Syllabus, Fees, Career
What is B.Com Accounting and Finance?
B.Com in accounting and finance is a three year full time degree programme equally segregated into six semesters which deals with different aspects of commerce, accounting, and finance. Some of the core subjects in B.Com accounting and finance are accounting management, finance, general commerce management and business studies. 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.
Aspiring candidates are required to complete their Class 12 with commerce or any other specialisation with a minimum of 50 per cent marks in order to be eligible for the admission. B.Com 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.
Highlights - B.Com accounting and finance:
Particulars | Values |
Degree Name | B.Com accounting and finance |
Degree Type | Bachelor’s |
Degree Duration | 3 years |
Entrance Exams | |
Eligibility Criteria | Class 12 with 50 percent marks from any field. |
Admission process | Merit based and Entrance based. |
Cutoff | - |
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 Analysts, Sales Team Manager, Executive Assistant, Export Manager |
Top recruiters | NABARD, PNB, EY, KPMG, Deloitte, PWC, Oracle, Gartner, SBI, CBI, Accenture. |
Eligibility Criteria for B.Com Accounting and Finance
B.Com accounting and finance eligibility criteria is quite similar for every institute except the minimum scores required in Class 12 might vary. The eligibility criteria for B.Com accounting and finance is defined as the predefined parameters specified by university that students must meet in order to be eligible for the admission process. Students who successfully meet the eligibility criteria are eligible to participate in the admission process whereas students who do not meet the eligibility criteria are disqualified from admission.
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Prospective candidates are required to successfully complete their Class 12 examination with a recognised board of India from any specialisation with a minimum aggregate of 50 per cent.
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:
B.Com accounting and finance admission process is conducted in both online and offline mode. Candidates interested for admission to B.Com accounting and finance are required to check the eligibility and admission process beforehand. The admission process is generally the same for most of the universities except a few. Below we have mentioned complete step by step admission procedure for B.Com accounting and finance:
Prospective students must know that the admission process is both online and offline.
In case of offline mode, students are required to contact the admissions office and submit their documents physically and wait for the merit list to be out.
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 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 B.Com Accounting and Finance
B.Com accounting and finance admission process includes both merit based and entrance based process. There are various universities that conduct their own examination while there are a few entrance examinations conducted on state level.
BHU-UET:
BHU UET is a national level entrance examination conducted by Banaras Hindu University. The exam 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:
GGSIPU conducts IPU CET every year for admission to various courses along with B.Com accounting and finance. The examination is one of the top entrance exams when it comes to admission for B.Com accounting and finance.
Cutoff B.Com Accounting and Finance
B.Com 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 number of seats available, difficulty level of the exam, and number of students appearing in the exam. Candidates interested to know the cutoff for any particular university must check their website for the results.
BHU UET Cutoff 2020 for B.Com Accounting and Finance:
Categories | Cut off rank |
General | 1551 |
Employee | 98 |
SC | 577 |
ST | 352 |
Skills Required for B.Com Accounting and Finance
B.Com 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 B.Com 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 B.Com accounting and finance:
Strategic mindset | Leadership skills |
Communication skills | Time management |
Analytical and Critical thinking skills | Interest in Business and Management |
Managerial Skills | Observation skills |
Decision-making skills | Awareness of market and products |
B.Com Accounting and Finance Syllabus
B.Com accounting and finance syllabus is more or less the same for every university and is designed in a way that it caters to both accounting and financial aspects of the commerce. Students can find the details of B.Com accounting and finance syllabus mentioned in the table below according to the semesters:
Semester 1 | Semester 2 |
Business Communication – I | Business Communication – II |
Finance Accounting | Financial Accounting – II |
Cost Accounting (Introduction) | Auditing (Introduction) – I |
Financial Management (Introduction) | Taxation – I (Indirect Taxes) |
Business Environment – I | Business Communication – II |
Business Economics – I | Business Law |
Foundation Course – I | Business Mathematics |
Semester 3 | Semester 4 |
Information Technology in Accountancy – I | Information Technology in Accountancy – II |
Business Economics – II | Introduction to Management |
Business Law – II | Business Law – III |
Finance Market Operations – II | Research Methodology in Accounting and Finance |
Operation Research | Wealth Management |
Methods of Costing | Taxation |
Financial Accounting – III | Financial Accounting – IV |
Auditing Techniques - II | Auditing Techniques – III |
Semester 5 | Semester 6 |
Management Application II | Indian Economy III |
Financial Accounting V | Financial Accounting VI |
Cost Accounting IV | Cost Accounting V |
Financial Management – II | Financial Management – III |
International Finance – I | Security Analysis and Portfolio Management |
Financial Analysis and Business Valuation | Financial Accounting VII |
Direct Taxes - I | Direct Taxes – II |
Project Work I | Project Work II |
B.Com Accounting and Finance Fees
B.Com accounting and finance fees are variable for every university and depend on 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 lakh for the entire course. There are also various private and government scholarships available for students with exceptional merit list.
Scope of B.Com Accounting and Finance
B.Com accounting and finance has a lot of scope if candidates exhibit appropriate skills required in the industry. Finance and commerce are two of the most important and necessary departments of any organisation and hence provide with a lot of employment options. The B.Com degree has various specializations 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 B.Com 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 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.
List of Career Options After Completion of B.Com Accounting and Finance:
Financial Analyst: Financial analyst is a professional who is 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 Manager is a professional who is responsible for checking the credit worthiness of a business to identify their ability to pay or repay the loans, credit lines, which is used for purchasing equipment and goals.
Sales Executive: Sales executive is a professional who is responsible for managing the sales territories with predefined targets of income. A sales executive manages the number of sales being made in a quarter and checks different ways through which the quarterly sales can be increased generating a greater revenue.
Top Recruiters:
Google
Deloitte
NTPC
Citibank
ITC
Vodafone
Larsen & Toubro
Nestle
Flipkart
Microsoft
Amazon
Wipro
Benefits of Studying B.Com accounting and finance:
B.Com accounting and finance is a degree programme that has various benefits and reasons for why one should pursue it. B.Com 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. six 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.
Expected Salary After Completion of B.Com Accounting and Finance:
The expected salary of a candidate after completion of B.Com finance and accounting is variable and depends on candidates as well as organization. For a candidate with less than a year of experience, the average annual compensation is around Rs. 3 lakh to Rs. 5 lakh per annum. After gaining some experience for about 1 to 3 years, candidates can earn an average annual compensation that ranges between Rs. 6 lakh to Rs. 8 lakh per annum. The top level salary for a candidate with at least five years of experience is around Rs. 8 lakh to Rs 12 lakh per annum including bonuses, overtime pay, and tips.
Browse top B.Com Accounting and Finance Colleges in Top Locations:
The colleges and universities in India that offer B.Com accounting and finance degree programmes are located at some of the top locations and have close proximity to industrial companies. Students can check the top B.Com accounting and finance colleges in top locations mentioned in the table below:
Top B.Com Accounting and Finance Colleges in India:
Various colleges in India offer B.Com accounting and finance degree programmes and some of them are most popular among students. Candidates can find the top B.Com accounting and finance colleges in India mentioned in the table below:
Top Private B.Com Accounting and Finance Colleges in India:
There are various private degree colleges in India that have B.Com 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:
Top Government B.Com accounting and finance Colleges in India:
There are various government colleges in India that offer admission to B.Com accounting and finance degree and these colleges are generally the first choice of students. Candidates can find the top government B.Com accounting and finance colleges in India mentioned in the table below:
Top B.Com accounting and finance Colleges in Top States:
Some of the states in India have best B.Com accounting and finance colleges in India with good academic excellence and placements. Students can check the list of top B.Com accounting and finance colleges in top locations mentioned in the table below:
Frequently Asked Question (FAQs) - B.Com in Accounting and Finance Course, Admissions, Eligibility, Syllabus, Fees, Career
Question: What is a B.Com accounting and finance?
Answer:
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.
Question: What is the duration of a PB.Com accounting and finance?
Answer:
B.Com accounting and finance is a three year full-time undergraduate degree segregated into six equal semesters.
Question: What are the specialisations available in B.Com accounting and finance?
Answer:
B.Com accounting and finance is a degree with specialisation itself and has no further specializations.
Question: What is the eligibility criteria for a B.Com accounting and finance
Answer:
Candidates are required to successfully complete their Class 12 examination with a recognised board of India from any specialisation with a minimum aggregate of 50 per cent.
Question: What is the admission process for a B.Com accounting and finance?
Answer:
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.
Question: What are some of the top entrance examinations for B.Com accounting and finance?
Answer:
IPU CET and BHU UET are some of the top entrance examinations for B.Com accounting and finance.
Question: What is the fee structure of a B.Com accounting and finance?
Answer:
The average fees for B.Com accounting and finance degree programme varies between a range of Rs. 50,000 to Rs. 4 lakh for the entire duration.
Question: What is the expected salary after completing a B.Com accounting and finance?
Answer:
The average annual compensation for a B.Com accounting and finance graduate is around Rs. 5 lakh per annum.
Question: Which companies hire B.Com accounting and finance graduates?
Answer:
Larsen & Toubro, Nestle, Flipkart, Microsoft, Amazon, and Wipro are some of the top recruiters of B.Com accounting and finance graduates.
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