B.COM: A Smart Decision
If you are a commerce student and your dream is to work in an organizational structure and to earn a lot of money than B.Com degree is best suited for you.
A Bachelor of Commerce is an undergraduate degree in commerce for three years which is designed to enhance your ability to learn, and will provide you with the best opportunity to develop networks through real-world experiences. It offers you a global perspective on business. Bachelor of Commerce or B.Com degree is developed to impart students the skills in disciplines related to commerce such as finance, accounting, and marketing among others. This course equips one with the analytical, communication and problem-solving skills to effectively identify issues, source information and to find efficient and practical solutions.
DIFFERENCE BETWEEN B.COM AND B.COM (HONS)
B.Com (Hons) is also a three year undergraduate degree program modeled to provide the student with a wide range of managerial skills, the difference lies in the fact that you can specialize in a certain subject in B.Com (Hons). You are taught in depth, about the subject whereas in B.com you are given an overview of the subjects. Thus you cannot specialize in any particular subject.
B.Com (Hons) is a program that acts as a stepping stone for the students who wish to continue with higher education and pursue research in their chosen field as well as more advanced coursework. The Honor’s Bachelor of Commerce degree often serves as an abridgment between the undergraduate program and postgraduate programs.
EXPOSURE AFTER B.COM
If you want to continue your studies after graduation you have many options. Most students prefer to go for Masters of Commerce (M.Com) and Chartered Accountant (CA).
Masters of Commerce (M.Com) is a program that focuses on systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management and therefore it gives insights about all the fields. It requires two years of full-time study. This includes a research component and thus provides access to a doctorate; progressing from the M.Com, a student can pursue Doctor of Commerce (D.Com), Doctor of Business Administration (D.BA), or a Doctor of Philosophy (Ph.D) degree program.
Chartered Accountant (CA) – CA exams are conducted by Institute of Chartered Accountants (ICAI) and requires one to clear 3 Examinations over the period of time that are CPT, IPCC and Final CA. Final CA again has two groups and after clearing both the groups, you can proudly affix the words CA before your name.
Other than M.com you can also opt for Masters of Business Administration (MBA in Finance), Association of Chartered Certified Accountants (ACCA), Business Accounting and Taxation (BAT), Certified Management Accountant (CMA) Certified Public Accounting (CPA).
After being graduated from B.Com you are also eligible for some government sector jobs such as UPSC, SSC, IFS, Banks, Postal service, Railways, Defense, and State PCS etc.
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