Commerce refers to the buying and selling of goods and services for money or in kind. It is a branch of business that includes all the processes that have to do with the exchange of products and services. The term Commerce usually refers to doing business on a large scale. Specifically, on a scale large enough to require transportation from seller to buyer. The transportation may be across the town, a state or between countries.
Few lines about B.Com (Finance & Accountancy)
B.Com (Finance & Accountancy) is a 3-years undergraduate course that is divided into 6-semesters. The course teaches the fundamentals of finance and accountancy practices. Through this course the students can learn technical skills associated with many of the procedures of finance analysis and accounting standards.
The course includes subjects like income tax, business economics, commercial law, banking theory, financial accountancy and many others. The course trains the students on the aspects of accountancy and finance aspects.
Eligibility for B.Com Finance and Accountancy
The students who have passed their PUC or 10+2 in any stream with 50% aggregate from a recognised board are eligible to apply for B.Com Finance & Accountancy.
Admission Procedure
The students with relevant qualifications can join the B.Com (Finance and Accountancy) course by two modes. The first one is Merit based admission and the second one is direct admission.
Let’s discuss in detail
1. Merit Admission
There are many top educational institutes that conduct entrance exams for the B.Com (Finance and Accountancy) 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.
2. Direct Admission
The students have another option of getting admission to B.Com (Finance and Accountancy) 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.
Course Curriculum for B.Com (Finance and Accountancy)
Sl No
Subjects of Study
1.
Financial Accounting
2.
Business Organisation
3.
Business Economics
4.
Corporate Accounting
5.
Business Statistics
6.
Commercial Law & Industrial Law
7.
Banking Theory, Law and Relations
8.
Business Environment
9.
Business Finance
10.
Auditing
11.
Income Tax
12.
Cost Accounting
13.
Accounting & Management
14.
Principles Management
15.
Business Communication
16.
Managerial Economics
17.
Banking Services
18.
Indian Economy
19.
Advanced Company Accounts
20.
Principles of Finance
21.
Legal System in Business
22.
Marketing
23.
Business Solutions
24.
Corporate Finance
25.
Insurance and Risk Management
26.
Entrepreneurial Development
27.
Business Statistics
28.
Organisational Behaviour
29.
Bank Credit Management
30.
Practical Cost Accounting
31.
Income Tax Law and Practice
32.
Research Methodology
33.
Computer Applications in Accounting
34.
Financial Management
35.
Customer Relationship Management
36.
Introduction to Mutual Fund Analysis
37.
Practical Auditing
38.
Environmental Studies
39.
Management Accounting & Practice
40.
Investment Analysis and Portfolio Management
41.
Working Capital Management
42.
Financial Derivatives and Risk Management
43.
Development of Small Business
Career and Scope
On the successful completion of B.Com (Finance & Accounting), the students will be capable to work in banking and financial sector. The B.Com (Finance & Accounting) students can find ample job opportunities across different organisations of different sectors.
Job Role
Some of the important job roles available are:
Business Assistant
Business Adviser
Banking Executive
Bank Manager
Market Analyst
Accountant
Salary and Emoluments
The fresh B.Com (Finance & Accountancy) students will be earning around 4 lakhs to 6 lakhs per annum. The experienced professionals will be earning around 6 lakhs to 8 lakhs per annum.
Top Organisations hiring B.Com (Finance and Accountancy) students
Some of the top organisations hiring B.Com (Finance & Accountancy) students are:
HDFC Bank
ICICI Bank
Axis Bank
HSBC Bank
Citi Bank
Final Lines
The finance and accountancy section has always been in news when it comes for job opportunities. There are ample job opportunities for B.Com (Finance & Accountancy) students. They are hired generally in banks and financial institutions and are paid decently. The B.Com (Finance & Accountancy) students also have excellent career growth opportunities in the field. The students interested in banking and accounting sector can join B.Com (Finance & Accountancy).
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sandy •7 months ago
If you have a Bachelor of Commerce (BCom) degree and are interested in becoming a Certified Public Accountant (CPA), there are certain steps you need to take to achieve this goal. Firstly, you need to check the eligibility requirements in your country or state to make sure you meet the necessary criteria. Then, you may need to complete additional coursework in accounting and business to be eligible for the CPA exam. Once you meet the educational requirements, you can apply to take the CPA exam and, upon passing, you will need to fulfill any other licensing requirements in your jurisdiction. This may include completing a certain number of hours of work experience under a licensed CPA or taking additional courses. Once you have met all the requirements, you can become a licensed CPA and work in the accounting field.
To know more about CPA Visit simandhareducation
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sandy • 7 months ago
If you have a Bachelor of Commerce (BCom) degree and are interested in becoming a Certified Public Accountant (CPA), there are certain steps you need to take to achieve this goal. Firstly, you need to check the eligibility requirements in your country or state to make sure you meet the necessary criteria. Then, you may need to complete additional coursework in accounting and business to be eligible for the CPA exam. Once you meet the educational requirements, you can apply to take the CPA exam and, upon passing, you will need to fulfill any other licensing requirements in your jurisdiction. This may include completing a certain number of hours of work experience under a licensed CPA or taking additional courses. Once you have met all the requirements, you can become a licensed CPA and work in the accounting field. To know more about CPA Visit simandhareducation
Reply