Last updated: 11 Sep 2020
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Commerce is an interchange of goods or commodities, especially on a large scale between different countries. Basically, commerce is the activity of buying and selling goods and services, especially on a large scale. The system includes legal, economic, political, social, cultural and technological systems.
Commerce is basically concerned with facilitating the exchange of goods and services in the economy. It is sub-classified as trade and auxiliaries to trade. Many think that trade and commerce are the same terms and can be used interchangeably.
The B.Com is the 3-years undergraduate course that is divided into 6-semesters. The main aim of the course is that it prepares the students with knowledge and skills related to economics and business management. The course provides a variety of managerial skills to an aspiring student.
The course is designed to provide students with a wide range of managerial skills while building competence in a particular area of business. The course imparts candidates with knowledge in accounting principles, export and import laws, economic policies and other aspects which impact trade and business.
The students who have completed their PUC or 10+2 with 50% aggregate from the recognised board are eligible to apply for B.Com course.
The students with relevant qualifications can join the B.Com course by two modes. The first one is Merit based admission and the second one is direct admission.
Let’s discuss in detail
There are many top educational institutes that conduct entrance exams for the B.Com course. This mode is called merit admission mode. The entrance exams are conducted to select the serious and hardworking students from the group of non-serious candidates to the available limited number of seats in the colleges. The qualified students are allotted the merit seats and are given admission, the fees are fairly nominal for merit admissions.
The students have another option of getting admission to B.Com course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges under management quota. The direct admission students enjoy many special privileges like they are not required to apply for any institution-based entrance exam for getting admissions. They have an option to choose their desired colleges and book their seats even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.
The students of B.Com will be studying the following subjects during their course duration
|Sl No||Subjects of Study|
|4||Business System Analysis|
|8||Computers & Management of Information Systems|
|14||Finance & Financial Markets|
|28||Politics & Public Policy|
|29||Supply Chain Management|
There are abundant job profiles available to B.Com students. They can join in banks, financial institutions and many other related areas. The interested students can join the M.Com course for higher studies. If they are interested in research then they can join a PhD course to take up research in the field of commerce.
Some of the important job roles available after B.Com are:
The fresh B.Com students will be earning around 3 lakhs to 4 lakhs per annum. The experienced professionals will be earning around 4 lakhs to 5 lakhs per annum. The salary depends upon the location and recruiters.
Some of the top organisations hiring B.Com students are:
There is a good demand for B.Com students. The demand for B.Com students increased in the last decade and it continues to increase in future. The organisations are ready to pay good salaries for skilled B.Com students. The B.Com graduates are decently paid and are also given excellent career growth opportunities in the field. The students with passion towards commerce can join the B.Com course.