IGNOU
- Fees: ₹ 18100
Degrees offered: B.A., B.B.A, B.C.A., B.Com, B.Com.L.L.B, B.Com(Hons), B.Sc.
Commerce is one of the most popular subjects that are pursued, mostly because of its versatility as well as its prospects. It gives the candidate knowledge of the business sector and how one navigates through it. It equips them with real-time knowledge on subjects related to finance and transactions, comprising skills essential for navigating through life.
Some of the leading colleges in India where students can study for their desired degrees are Hindu College, Presidency College, Atma Ram Sanatan Dharma College, Kirori Mal College, and Hansraj College. To apply for an undergraduate degree, students need to have completed their 10+2 with the required aggregate score. Once they have completed their UG degree, they can apply for master’s level degrees in commerce.
Some of the popular career options include Accountant, Business Consultant, Accounts Manager, Tax Consultant and Finance Consultant. The average salary of a fresh commerce graduate in India is Rs. 2.6 LPA, however, it varies depending on the company. More than 8580 colleges in India offer Commerce courses at various levels.
Particulars | Values |
Branch Name | Commerce |
Degree | UG: B.Com, B.Com Hons |
Duration | UG: 3 years PG: 2 years |
Eligibility Criteria | UG: 10+2 PG: Bachelor’s Degree in a relevant field |
Admission Process | Entrance Exam/ Direct Admission |
Average Course Fees | Rs. 60,000- 6 Lakhs |
Career Options | Accountant, Business Consultant, Accounts Manager, Tax Consultant, Finance Consultant, Business Analyst, Finance Analyst, Investment Banker, Marketing Manager |
Average Salary | Rs. 2.6 Lakhs |
Recruiting Companies | Deloitte, KPMG, EY, PWC, HSBC Bank, ICICI Bank, Bank of America, Unilever, Mckinsey, BCG, Bain and Company |
Commerce courses are provided by more than 8500 public and private universities and colleges. The fee for Commerce is typically dependent on the specific degree programme chosen by the student, as well as the type and location of the institution. Some of the top colleges in India offering Commerce are listed in the table below.
Name of the College | Fees |
Rs. 69,600 | |
Rs. 3,880 | |
Rs. 47,280 | |
Rs. 38,920 | |
Rs. 79,250 | |
Rs. 49,800 | |
Rs. 29,750 | |
Rs. 83,530 | |
Rs. 1.09 Lakhs | |
Rs. 57,800 |
Around 6300 private colleges in India offer Commerce Courses in different specialisations. Students need to appear for the entrance examination to get admission. The fee of a private institute is generally more than a government institute. In this section, we have listed the top private colleges in India along with their fees.
Name of the College | Fees |
Rs. 87,000 | |
Rs. 6,810 | |
Rs. 6,540 | |
Rs. 22,450 | |
Rs. 6,390 | |
Rs. 2.90 Lakhs | |
Rs. 3.04 Lakhs | |
Rs. 95,300 | |
Rs. 1,490 | |
Rs. 1.08 Lakhs |
Approximately 2300 government colleges in India offer commerce courses. Students can afford the tuition fees at these universities. In recent years, these colleges have excelled in academic achievement. In the table below, we have mentioned the government commerce colleges and the course fees.
Name of the College | Fees |
Rs. 29,750 | |
Rs. 31,930 | |
Rs. 1.24 Lakhs | |
Rs. 33,550 | |
Rs. 4,070 | |
Rs. 96,150 | |
Rs. 37,690 | |
Rs. 66,000 | |
Rs. 56,550 | |
Rs. 47,670 |
The eligibility criteria for a UG-level degree are mostly the same for every college. Once candidates have successfully fulfilled the eligibility requirements of the course, they can apply for admission. Below are the generic eligibility criteria required by many institutes in India for admission to UG-level Commerce degrees.
Candidates wishing to apply for a Master’s or a postgraduate degree in the field of commerce must meet the eligibility requirements of the course. Mentioned below are the general eligibility criteria for the PG courses:
Most Commerce colleges admit students based on merit (marks obtained in the 10+2) exams. Some of the private universities have entrance tests that are based on logical reasoning, mathematics, verbal skills as well as the basic concepts of accounting, economics and business studies. Some of the most popular exams that are held by universities for B. Com. are –
Exam Name | Level | Conducting Body | Exam Schedule |
National | NTA | ||
University | AMU | ||
University | Christ University | - | |
University | JMI | - |
The following are the most popular entrance exams held by private universities for a Master’s in Commerce degree –
Exam Name | Level | Conducting Body | Exam Schedule |
National | NTA | ||
State | KEA | - |
The scope of a commerce course is extensive. The variety of fields into which one might choose to specialise after graduation increases the employment landscape and prospects for career growth. After completing an undergraduate degree, one can dive into finance, accounting, human resources, administration as well as the banking department. All these opportunities are increased by twofold when a PG degree is pursued.
Students also have an option to pursue professional courses such as CA, CFA, CPA, FRM and others along or after graduation. Students who have an interest in management can also go for MBA programmes and seek specialisations in Finance, Business Analysis, Accounting and others.
Minimum Fees | Maximum Fees | |||
---|---|---|---|---|
Private | Government | Private | Government | |
UG | ||||
PG | ||||
DOCTORAL | ||||
DIPLOMA |
The undergraduate programmes’ syllabus covers the basics of most of the fields of Commerce as well as allows one to pick their specialisations through electives offered in the last two semesters.
Semester 1 | |
Financial Accounting | Business Laws |
Basics of Accounting | Business Organization and Management |
Semester 2 | |
Corporate Accounting | Corporate Laws |
Entrepreneurship | Finance for Non- Finance Executives |
Semester 3 | |
Human Resource Management | Income- Tax Law and Practice |
Management Principles and Applications | Human Resource Management |
Fundamentals of Marketing | - |
Semester 4 | |
Cost Accounting | Business Mathematics |
Computer Applications in Business | Business Research Methods & Analytics |
E-Filing of Returns | Leadership and Team Development |
Semester 5 | |
Principles of Marketing | Financial Management |
Management Accounting | Organisational Behaviour |
Advertising and Personal Selling | Financial Markets, Institutions, and Services |
Semester 6 | |
Auditing and Corporate Governance | Goods and Service Tax (GST) and Customs Law |
Fundamentals of Investment | Consumer Affairs and Customer Care |
Financial Reporting & Analysis | International Business |
The MCom is a two-year-long PG programme that is mostly research-driven and involves collaborative publications. The last two semesters are once again dedicated to pursuing electives such as accounting and taxation, banking, and insurance.
Semester 1 | |
Business Statistics | Advanced Management Accounting |
Managerial Economics | Financial Planning |
Organisational Behaviour | - |
Semester 2 | |
Operations Research | International Business |
Marketing Management | Advanced Financial Management and Policy |
Ethics, Corporate Governance and Sustainability | - |
Semester 3 | |
Business Research | Major Electives (2) |
Open Elective | Minor Elective |
Semester 4 | |
Strategic Management | Major Electives (2) |
Minor Elective | Open Elective |
After a Bachelor of Commerce degree, one can go on procuring jobs in accountancy, banking, as well as tax consultancy, both in the private as well as the public sector. Upon pursuing the Master in Commerce, the number of job opportunities as well as the scope for growth increases.
Listed below are some of the most common job profiles after a Degree In Commerce:
Job Title | Description |
An accountant gathers, monitors, and corrects the company's financial data to assist firms in making important financial choices. In addition to making sure financial records are accurate all year long, they are in charge of bank statement reconciliation and financial audits. | |
Sales Analyst | A Sales Analyst studies data about sales, analyses it, and comes up with strategies for their betterment. They are also responsible for monitoring and analysing competitive activity, customer, and market trends. |
A Stock Broker deals with the stock market and investments by clients. Some stockbrokers may also act as financial consultants, helping people with all aspects of finances, from choosing the right investments to personal budgeting. | |
Economists study and analyse market activity as well as the social demographics connected with it. They analyse data using mathematical models, statistical tools, and other software to interpret and forecast trends, | |
A Business Analyst analyses the problems and trends of a business as well as lists down potential solutions and outcomes of business strategies. The Business Analyst will also be involved in identifying areas for process improvement and recommending solutions to enhance operational efficiency and effectiveness. | |
Finance Manager | A Finance Manager deals with the finances of a particular company and client and makes plans for its management. He or She implements financial and accounting best practices and oversees critical accounting procedures to ensure legal compliance with financial reporting and banking regulations. |
An Operations Manager is a professional who ensures that everything runs smoothly from one day to another. They maximise processes and procedures while meeting customer expectations in terms of cost-effectiveness. |
Without a doubt, the biggest trend in the commerce sector at present is e-commerce. With the rapidly expanding user base in the online space, companies are striving to establish a robust presence online.
Now, research is being conducted to integrate the latest technologies like Voice Assistants, Artificial Intelligence, Augmented Reality and Virtual Reality, and Blockchain on online platforms to make the experience more intimate for the customers. The development of mobile applications is also on the rise as most customers prefer accessing e-commerce platforms through their mobile devices.
Some other upcoming trends include:
Commerce is currently one of the most popular courses pursued by higher secondary graduates. The main reason for this is its diversity as well as its growth potential. Dealing mostly with business and finance, the money-making opportunities are plenty. If one possesses a logical mind and a good analytical skill, this course is the ideal choice.
After a course in Commerce, graduates diverge into the fields of accounting, finance, administration, economics as well as human resources. Listed below are some of the top recruiters in the above-mentioned fields –
Commerce is a field that allows immense growth prospects, therefore ensuring a steady increase in earning potential. B.Com graduates tend to have better prospects for high-paying jobs upon pursuing an M.Com Degree.
Listed below are some of the common job titles along with the salaries associated with them -
Job Title | Salary (Per Annum) |
Junior Accountant | Rs. 2.2 Lakhs |
Accountant | Rs. 3.3 Lakhs |
Rs. 8.8 Lakhs | |
Business Consultant | Rs. 15.2 Lakhs |
Tax Consultant | Rs. 7.3 Lakhs |
Operations Manager | Rs. 10.8 Lakhs |
Stock Broker | Rs. 2.8 Lakhs |
Source: AmbitionBox
Being a very business-oriented course, a candidate wanting to excel in Commerce courses must possess a good knowledge of money as well as the functioning of the finance market or must have a keen interest in learning about it. Listed here are a few skills necessary to navigate through the course with ease –
The curriculum for commerce courses is designed to acquaint the students with the core concepts of various facets of working in a corporate organisation as well as running their own businesses. Commerce students acquire in-depth knowledge of accounting, marketing, finance, operations, human resources, economics, and several other essential topics.
Multiple specialisations are offered in postgraduate programmes to help students identify the stream in which they wish to create a career. The curriculum is imparted through a range of tools including classroom sessions, internships, workshops, group discussions, and case studies. Some subjects taught are as follows:
Answer :
Yes. A background in Commerce, although beneficial, is not necessary for a bachelor in Commerce. All the basics of Commerce are taught from scratch in the course and thus, require no prior knowledge.
Answer :
Having a Master’s degree in Commerce, gives one an abundance of job opportunities in the field of marketing, services, and project management. Most of the hiring firms are business consulting firms.
Answer :
The specialisations available in Commerce are Banking and Insurance, Statistics, Corporate Governance, Human Resource Management, Taxation Law.
Answer :
B.Com. honours is a more detailed course in comparison to a normal Bachelor of Commerce. Bachelor of Commerce (honours) also deals more with specialisations in comparison to Bachelor of Commerce.
Answer :
There are several academic streams one can embark on after a master's in Commerce. These include Doctor of Philosophy (Economics or Banking and Finance), MBA, Certified Management Accountant, Chartered Accountancy, and Chartered Financial Analyst.
Answer :
Some of the highest-paid jobs in the field of Commerce are those that are obtained only after an M. Com. degree. These include Business Consultants, Investment Bankers, and Financial Consultants.
Hello Pranav,
The admission process for 1st Pre-University (PU) Commerce courses in Karnataka typically begins after the announcement of SSLC (10th standard) results, usually in May or June. Application forms are generally made available shortly thereafter.
Application Submission:
Orientation Programs: Colleges often conduct orientation sessions for new students to familiarize them with the campus, faculty, and course structure. Details about these sessions are usually communicated after the admission process is completed.
Next Steps:
By staying informed and prepared, you can navigate the admission process smoothly.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Take a look at these interesting diploma programs:
Diploma in Finance and Accounting:
This program centers on financial accounting, cost accounting, taxation, and financial management.
It opens doors to jobs in accounting, finance, and taxation.
Diploma in Marketing and Sales:
This course covers marketing basics, sales methods, customer relationship management, and digital marketing.
It paves the way for careers in sales, marketing, and business growth.
Diploma in Human Resource Management:
This program emphasizes hiring, choosing, training, and growing employees.
It leads to roles in human resources, talent search, and company growth.
Diploma in Business Administration:
This course gives a wide view of business management, including finance, marketing, operations, and human resources.
It builds a solid base for further studies or a career in running a business.
Diploma in E-commerce:
Puts emphasis on web-based enterprises, internet promotion, and online retail activities.
Has the potential to open doors to jobs in online retail, internet promotion, and web-based business oversight.
Places to Learn:
Government Polytechnic Colleges: These schools provide certificate programs in many areas, including trade and leadership.
Private Institutes: Numerous non-government schools in Kerala offer certificate programs in trade and similar subjects.
Distance Learning: You might also think about remote education programs from universities such as IGNOU.
It's completely normal to feel uncertain about your future, especially when faced with unexpected challenges. Many people change their career paths or educational goals later in life. Starting college at 20 is absolutely fine and can be a great opportunity to explore new interests and gain valuable skills.
Here's what you can do:
Consider Your Options:
Consult with a Career Counselor:
Talk to Your Parents:
Financial Planning:
Time Management:
Remember, it's never too late to start over. By taking proactive steps and seeking guidance, you can make informed decisions and achieve your goals.
Hello,
To get 90 marks in Commerce for the PSEB board in Class 2, structured study planning is a must. First, understand the syllabus and the important topics of basic accounting, business studies, and economics. Make a timetable through which you can spend more time on each subject and then revise regularly.
Use all study materials, including textbooks, notes, and online resources, to further your understanding. Practice solving previous years' question papers and sample papers to better prepare for the actual format of the exams and types of questions that might be asked. Conduct small quizzes frequently to test your knowledge.
In addition, discuss difficult topics with teachers or fellow classmates to create diversified viewpoints. Healthy habits including sound sleep, proper nutrition, and breaks are very important to keep up your ability to concentrate optimally. Finally, stay positive and motivated because a confidence-mindset goes a long way in performance. Getting 90 marks is certainly not a far cry with dedication and sincere effort!
Hello Kishore,
Yes, you can still complete your 12th grade through alternative methods if traditional school admission is not possible. Here are your options:
National Institute of Open Schooling (NIOS)
: NIOS offers a flexible option to complete your 12th grade through correspondence or open schooling. You can enroll, choose your subjects (Commerce with Computer Application is available), and study at your own pace. The exams are conducted twice a year, and it's recognized by universities for further education.
State Board Open Schooling (if available)
: Some states have their own open schooling boards. You can check with the Tamil Nadu State Board for any open school options they might provide.
Private Candidates : Some state boards allow students to appear as private candidates for the 12th board exams. You can inquire if Tamil Nadu State Board allows this.
These options will allow you to complete your education without regular school attendance.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Select your reason of reporting
Ph.D Colleges in Delhi | Economics Colleges in Delhi | Commerce Colleges in Delhi | Private Commerce Colleges in Delhi | Public/Government Commerce Colleges in Delhi |
B.Com Colleges in Jaipur | Ph.D Colleges in Jaipur | Commerce Colleges in Jaipur | Economics Colleges in Jaipur | Private Commerce Colleges in Jaipur | Public/Government Commerce Colleges in Jaipur |
Ph.D Colleges in Kolkata | M.Com Colleges in Kolkata | Economics Colleges in Kolkata | Commerce Colleges in Kolkata | Private Commerce Colleges in Kolkata | Public/Government Commerce Colleges in Kolkata |
B.Com Colleges in Chennai | M.Com Colleges in Chennai | Commerce Colleges in Chennai | Economics Colleges in Chennai | Private Commerce Colleges in Chennai | Public/Government Commerce Colleges in Chennai |
B.Com Colleges in Indore | Ph.D Colleges in Indore | Commerce Colleges in Indore | Economics Colleges in Indore | Private Commerce Colleges in Indore | Public/Government Commerce Colleges in Indore |
We endeavor to keep you informed and help you choose the right Career path. Sign in and access our resources on Exams, Study Material, Counseling, Colleges etc.
When you look back in life , this app would have played a huge role in laying the foundation of your career decisions.
Found everything I wanted and it solved all of my queries for which I was searching a lot....very helpful site. A must visit.... kudos to the team!
No need to find colleges in other sites, this is the best site in India to know about any colleges in India.