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Best B.Com Colleges in Bangalore, India – Scope, Career and Job Opportunities

Bachelor of Commerce (B.Com) is one of the most prestigious and time-tested degrees that one can pursue after completing Higher Secondary Education.

B.Com covers commerce and related subjects depending on the field of specialization you choose.

The major focus of B.Com courses is generally Accounts, Mathematics and Economics. B.Com is traditionally considered to be a good stepping stone into the world of accounting, specially Chartered Accountancy.

B.Com is an undergraduate level course that focuses on Commerce and Accounting. One can opt to specialize in one of the many available fields of specialization. Many colleges in India offer a vast variety of specializations for B.Com courses.

If you start listing out best B.Com Colleges in Bangalore, The list will get pretty exhaustive. If the list for just Bangalore is going to so exhaustive, imagine how big can be the list of best B.Com colleges in India.

As B.Com courses are generally linked with careers in Accounting, this is the perfect course for the mathematical and accounting minded candidate.

However, B.Com graduates can divulge in many other fields such as management, BPO, KPO etc. Thus B.Com degrees can be quiet open-ended as well. B.Com is considered to be a good course for those who are analytical in their approach to problem-solving.

Even within the field of Accounting, B.Com graduates can explore newer and more interesting fields such as Actuarial Sciences, thus making B.Com a course that opens many doors.

Duration of B.Com Course :

In India, a B.Com course typically runs for a duration of 3 years with each year comprising of 2 semesters, therefore a B.Com graduate engages in 6 semesters of full-time study. Correspondence-based B.Com courses may run for up to a maximum of 5 years.

Specializations:

B.Com courses are offered in two major formats, one is the general B.Com degree, the second is the B.Com (Hons) degree. The two courses might seem very similar but there is one major difference in these when it comes to specializations.

The B.Com (Hons) course is more in-depth, despite running for the same duration as the general B.Com course. A student pursuing B.Com (Hons) has the option to specialize in a field of their choice during the final year of their study, this is generally not possible in the general B.Com course.

Although general B.Com courses also provide specialization options, these do not run for the whole of the final year and are thus not as in-depth as a B Com (Hons) course.

Entry requirements for these courses can vary with B.Com (Hons.) courses having higher cut-offs.

The variety of specializations offered during B.Com (Hons) is mentioned in the list below:

Accountancy
Accounting and Finance
Banking and Insurance
Computer Applications and e-Business
Cost & Management Accounting
Direct and Indirect Taxation
Indian Financial System and Financial Market
International Accounting
Marketing Management
Marketing
Taxation

Some of the specializations offered in general B.Com courses in India are listed below:

Accountancy
Accounting & Taxation
Accounting and Finance
Actuarial Science
Advanced Accountancy
Advertising & Brand Management
Applied Economics
Banking & Finance
Banking and Insurance
Banking Management
Business Administration
Business Economics and Business Environment
Business Economics
Business Mathematics and Statistics
Commercial Law
Communicative English
Computer Applications & Informatics
Computer Applications
Corporate Accountancy
Corporate Affairs and Administration
Corporate Secretary
Customer Service Management
e-commerce
Electronic Education
Elements of Cost and Management Accounting
Entrepreneurship Development and Business Communication
Executive Communication
Export-Import Management
Financial Accounting
Financial Markets
Financial Planning
Foreign Trade Management
Fundamentals of Auditing
Garment Production & Export Management
Human Resource Management
Industrial Management
Information Systems
Information Technology
Insurance Management
Jewelry Design & Technology
Management and Marketing of Insurance
Management of Tourism Business
Management Studies
Marketing & Advertising
Marketing and Retail Management
Marketing Management
Money and Financial System
Office Management. & Secretarial Practice
Professional
Secretarial Practice
Statistics
Supply Chain Management
Tax Procedure and practice
Taxation
Tourism & Travel Management

Eligibility Criteria to Get Into Best B.Com Colleges in Bangalore or in India:

In India, eligibility criteria for different courses can vary across states and colleges. However, generally, the major eligibility criteria for B.Com courses is passing any of the recognized 12^thgrade board exams with a minimum of 50%.

State boards, national boards and a few international boards are recognized by most Indian Universities.

For B.Com (Hons) courses, mathematics as one of the best 4 subjects is compulsory, additionally cut-off is also higher.

A minimum of 55% or higher is required for admission in B.Com (Hons) courses, this can vary depending on the institution.

Admission Procedures in Best B.Com Colleges in India, Specially Bangalore:

Admission Procedures for B.Com course can vary across universities. Some of the best B.com Colleges in Bangalore, as well as best B.com colleges in India, have college specific, state-wide or national level entrance exams or aptitude tests.

Other colleges do not have any entrance exam and their merit list is prepared based solely on 12^th qualifications. Therefore applicants need to only show 12^th board certificates as proof of merit in the admissions procedure.

In case of universities that have an entrance exam, the merit list is prepared based on the exam results. Securing a good position in the merit list is key to getting admission into top colleges.

Admission deadlines can be very strict so candidates should start researching the course and university of their choice in advance so one is well informed.

List Of Best B.Com Colleges in India

B.Com courses are one of the oldest and most prestigious courses offered, thus most Indian universities offer this course.

However, as with any other course, the institution from which one graduate can influence the job opportunities and salary expectations in a big way. Some of the top Indian Universities for B.Com and B.Com (Hons) are listed below.

Hansraj College, New Delhi
Shri Ram College of Commerce, New Delhi
Loyola College, Chennai
St Xavier’s College, Mumbai
Hindu College, New Delhi
Narsee Monjee College of Commerce and Economics, Mumbai
Symbiosis College of Arts and Commerce, Pune
Ramjas College, Delhi
Madras Christian College, Chennai
Lady Shri Ram College for Woman, New Delhi

This list is not exhaustive, however, these are some of the best universities to pursue a B.Com course in India.

List Of Best B.Com Colleges in Bangalore:

Jain University
East Point College
Impact Institute Of Management Studies
Christ University, Bangalore
Mount Carmel College, Bangalore
Alliance University
MS Ramaiah College of Art, Science and Commerce

Note : The fact that I have not mentioned these colleges in the list best B.Com colleges in India does not mean these are not, Some of these are indeed in the list of top colleges to pursue B.Com in India, but since I have made a different list for Best B.Com colleges in Bangalore, I did not want them to be repeated.

Scope of Bachelor Of Commerce:

B.Com courses are designed to equip students with the necessary skills to aid in the smooth running of businesses and other organizations. The main focus of B.Com courses is often accounting, taxation etc.

Therefore, B.Com graduates often find themselves being employed in the field of accounting. It is noteworthy that, in the highly competitive job market, B.Com (Hons.) graduates generally fare better when it comes to securing high paying, high-level jobs.

However, general B.Com courses can be a great stepping stone into further education that can make graduates highly employable. B.Com graduates can enroll in one the below certification courses in order to enhance their career prospects

Com
MBA in Finance
Masters of Finance
Masters in Applied Economics
Chartered Accountancy
Company Secretary
ICWAI (Institute of Cost and Works Accountants of India)
CPA (Certified Public Accountant)
CMA (Certified Management Accountant)
ACCA (Association of Chartered Certified Accountants)
BAT (Business Accounting and Taxation)

Additionally, graduates can take competitive exams to secure a career in the public sector such as the Civil Services Examination (CSE).

Generally, B.Com graduates are employed by these types of organizations:

Banks
BPO/KPO
Accounting Firms
Multi-National Corporations
Start-up Companies
Insurance Companies
Automobile Companies
Consumer Durables Companies
Hospitality Companies
Media and Telecom Companies
Public Sector (Railways, Defense etc)

Career Opportunities

Career Opportunities for B.Com graduates versus B.Com (Hons.) courses can vary greatly. Moreover, further education can enhance career opportunities significantly.

Some of the possible careers for B.Com or B.Com (Hons) graduates are mentioned below.

Account Executive
Accountant
Actuary
Assistant Auditor
Auditor
Bank P.O.
Book Keeper
BPO Team Leader
BPO/KPO Client Serving Executive
Chartered Accountant
Company Law Assistant
Company Secretary
Credit Officer (Insurance Company)
Credit Risk Manager
Economist
Entrepreneur
Event Manager
Export-Import Manager
Finance Consultant
Financial Analyst
Financial Planner
Hedge Fund Management
Human Resource Executive
Insurance Advisor
Lecturer
Loan Advisor
Loan Officer
Market Researcher
Operations Manager
Relationship Manager
Sales Officer
Stock Broker
Tax Consultant
Tax Planner
Travel Agent/ Manager

Salary/Pay Scale:

When deciding what course to study, school graduates often take into account the possible career prospects after completing the course.

Another huge motivating factor is salary, high school graduates tend to chose courses that can get them high paying jobs after graduation.

In the current market scenario, most of us will be unable to climb the corporate ladder without securing a masters degree of professional diploma after a few years of working.

However, salary prospects for individuals who have only completed B.Com or B.Com (Hons.) can be quiet lucrative.

Broadly speaking, B.Com Hons graduates secure higher-paying jobs at the starting level, earning between Rs 20,000 to Rs 30,000 per month whereas general B.Com graduates can expect to earn Rs 14,000 to Rs 20,000 per month.

These numbers can vary greatly based on the university from which one has graduated and the city in which one is working. At the mid-level, salaries will often equalize ranging from Rs 30,000 to Rs 75,000per month. High level employs generally earn upwards of Rs 1 Lakh per month.

All of these can also vary greatly depending on the type of organization itself, smaller organizations may have smaller salary packages but can offer more room for learning and growth and thus offer higher job satisfaction.

Recruiting Companies

Nearly every type of organization requires a functional and efficient Accounts department to ensure it’s smooth running. Therefore, a B.Com graduate can be placed at many different types of organizations or companies.

Currently, these companies recruit a high number of B.Com graduates in India

Accenture
IBM
TCS
Dell
Convergys
HP
Wipro
Indian Railways (upon applying for qualifying exam)
Private and Public Sector Banks
Other Government offices

In general, IT companies offer the highest salaries to B.Com graduates followed by Financial Service Companies and BPOs.

B.Com is a tried and tested choice for individuals who want to secure a fruitful career in accounting or any of its related fields. If you have the knack for analytical thinking, B.Com might be the right choice for you.

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