Few lines about Commerce
Commerce is the process of trade between different economic agents. Generally, commerce refers to the exchange of goods and services for a value between businesses or entities. Commerce refers to the macroeconomics purchase and sale of goods and services by large organisations at large scale. The sale or purchase of a single item by a consumer is defined as a transaction while commerce refers to all the transactions related to the purchase and sale of that item in an economy.
Most of the commerce is conducted internationally and represents the buying and selling of goods between nations. Large organisations with hundreds of countries as members also regulate commerce across borders. Commerce ideally refers to the sum of purchase and sale of goods and services by organisations.
Brief Description about B.Com Professional
B.Com Professional is a 3-years undergraduate course that is divided into 6 semesters. The course is designed to give conceptual knowledge and analytical skills that helps the students in different employment areas at various levels. The course aims to provide comprehensive insight into accounting, finance, taxation, law, management and so on.
The course also gives the opportunity of studying about computerised accounting along with chartered accountants training. The main objective of the course is to create professionals who can deal well with economic and financial matters. The course helps the students in developing managerial skills along with accounting skills.
Eligibility for B.Com Professional course
The students who have passed PUC or 10+2 with 50% aggregate in any stream from recognised board are eligible to apply for B.Com Professional course.
Admission Procedure
The students with relevant qualifications can join the B.Com Professional 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 Professional 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 Professional 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
The students of B.Com Professional will be studying the following subjects during the course duration.
| Sl.No | Subjects of Study |
|---|---|
| 1 | Financial Accounting |
| 2 | Business Organisation & Management |
| 3 | Micro Economics |
| 4 | Business Mathematics |
| 5 | Communicative English |
| 6 | Human Values and Professional Ethics |
| 7 | Advanced Accounting |
| 8 | Mercantile Law |
| 9 | Macro Economics |
| 10 | Business Statistics |
| 11 | Business Communication |
| 12 | Workshop IT and E-Commerce |
| 13 | Corporate Accounting |
| 14 | Company Law |
| 15 | Money, Banking and International Trade |
| 16 | Operation Research |
| 17 | Human Resource Management |
| 18 | Indian Economic Problems |
| 19 | Corporate Accounting |
| 20 | Indirect Tax Laws |
| 21 | Cost Accounting |
| 22 | Business Finance |
| 23 | Management of Financial Services |
| 24 | Income Tax |
| 25 | Marketing Management |
| 26 | Tally |
| 27 | Industrial Relations and Labour Laws |
| 28 | Financial Management |
| 29 | Business Environment |
| 30 | Entrepreneurship Development |
Career and Scope
The career opportunities for B.Com professional graduates exist mainly in financial firms and banking sectors. They are also hired in marketing and sales of banking and insurance products. The B.Com Professional students are also hired in accounting sections in various industrial houses.
Salary and Emoluments
The fresh B.Com Professional 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 Professional Students
Some of the top organisations hiring B.Com Professional students are:
- Ernst & Young
- Fidelity Solutions
- JP Morgan Chase
- Goldman Sachs
- IBM
- HSBC Bank
Final Words
The B.Com Professional course has become popular in recent years. The last 5 to 10 years saw a maximum increase in B.Com Professional students. The demand for B.Com Professional students increased day by day and it continues to rule the job sector. The B.Com Professional students are considered as skilled professionals. The organisations are ready to pay handsome salaries for B.Com Professional students, they can even expect a good career growth in the field. The students with a passion towards commerce can join the B.Com Professional course.