Bachelor of Commerce in Accounting, commonly referred as BCom Accounting is a 3-year undergraduate program that deals with auditing and accountancy.
The eligibility criteria for BCom Accounting is the completion of class 10+2 with a minimum of 45% from a recognized education board. Some of the top Universities prefer the students who took accounts as the main subject in class 10+2.
The admission process for BCom Accounting is based on merit or entrance exam DUET, IPU CET, BHU UET etc. Most of the top colleges prefer another round of group discussion and personal interviews to shortlist the students.
The Top Colleges or Universities that offer B.Com Accounting are Miranda House, Hindu College, Lovely Professional University, Chandigarh University etc. The average fees of the Institute that provide BCom Accounting ranges from INR 10,000 to INR 40,420.
The course consists of 6 semesters in total and are divided in 2 semesters each year and an examination at the end of every semester. The course primarily focuses on accounting practices and subjects like commercial law, financial accounting, business economics, income tax, etc.
After BCom Accounting, students are offered opportunities to work as Accountant, Finance Manager, Operations Manager, Account Executive, Financial Analyst, Executive Assistant, Chartered Accountant, etc. The average annual salary package ranges from INR 2 to 10 LPA.
BCom Accounting: Course Highlights
| Course Level | Undergraduate |
| Full Form | Bachelor of Commerce in Accounting |
| Duration of the Course | 3 years |
| Examination Type | Semester wise |
| Eligibility | 45% marks in class 12 from recognized Education board |
| Admission Process | Entrance exam based / Merit Based |
| Subjects | Financial accounting, business and management accounting, corporate tax law and practice, commercial law, income tax, etc. |
| Course Fee | Between INR 10,000 to 1 lakhs |
| Average Starting Salary | INR 2 LPA to 10 LPA |
| Top Recruiting Areas | Banks, colleges, schools, hospitals, law firms, multinational companies, government sectors like income tax department, Public Works Department, industries, hotels, etc. |
| Top Recruiting Companies | Bharat Sanchar Nigam Limited (BSNL), National Small Industries Corporation Limited (NSIC), Heavy Engineering Corporation Limited (HEC Ltd), WNS Global Services, Wipro Technologies Ltd., Tata Motors, Deloitte, KPMG, Ernst & Young, Genpact, Tata Consultancy Services Limited, etc. |
| Job Positions | Accountant, Finance Manager, Operations Manager, Account Executive, Financial Analyst, Executive Assistant, Chartered Accountant, Chief Accounting Officer, Accounting Firm Partner, Finance Director, Audit Manager, etc. |
BCom Accounting: Eligibility Criteria
- The basic eligibility criteria for students applying in Bachelor of Commerce in Accounting is to complete class 10+2 with a minimum of 45% from any recognized education board.
- Some top Universities or Colleges only accept the students who have opted for Commerce stream after class 10.
BCom Accounting: Admission Process
As per the instructions mentioned by the institute, the students must submit the application form, required documents Xerox and application fee to the management through offline or online mode.
- The admission of a B.Com in Accounting in top colleges will generally be based on students’ performance in the entrance exam.
- Some universities will also allow students based on their performance in class 10+2.
- Visit the university official website or directly contact the university management office.
- Collect the B.Com Accounting application form for the year 2023.
- Fill up the form, and attach the scanned copy of the required documents, submit it with the application fee.
- The university will get back to you with further details about the admission through SMS or Email or call.
BCom Accounting: Entrance Exams
Most of the universities select students based on their performance in common exams like MHT CET. After the exam, the university announces the list of shortlisted candidates for the next round of personal interviews or group discussions. Sometimes, the candidates are also accepted without any next round.
Some of the entrance exams conducted in India for admission to this program:
| Name of the Entrance Exam | Exam Date |
|---|---|
| IPU CET Exam | Check here |
| DUET Exam | Check here |
| NPAT Exam | Check here |
| UPES DAT Exam | Check here |
| BHU-UET Exam | Check here |
| MHTCET Exam | Check here |
BCom Accounting: How to prepare for Entrance Exams?
- Be familiar with the syllabus: Familiarize the basic syllabus of the entrance exam for the B.Com in Accounting which are Principles of Microeconomics, New Venture Planning, Indian Economy, Financial Markets, Computer Applications in Business or Advertising, etc.
- Know the exam pattern: Know about the mode of exam, type of questions asked duration of the exam, and marking scheme.
- Practice the previous year’s question papers
- Refer to recommended books.
- Revise everything in the end.
- Make your own timetable.
- On the day or two before the exam, prepare everything you need. You must bring the admit card of that entrance exam and ID proof like Voter Id Card, Pan Card, Aadhar Card.
BCom Accounting: What is it about?
- B.Com Accounting is a 3-year undergraduate program in the discipline of Commerce. It is divided into 6 semesters with examinations at the end of each semester.
- The primary syllabus for this course includes financial accounting, business and management accounting, corporate tax law and practice, etc.
- The employment areas for this course are banks, colleges, schools, hospitals, law firms, multinational companies, government sectors like income tax department, Public Works Department, industries, hotels, etc.
- The students will also get job offers for the roles like Accountant, Finance Manager, Operations Manager, Account Executive, Financial Analyst, Executive Assistant, Chartered Accountant, Chief Accounting Officer, Accounting Firm Partner, Finance Director, Audit Manager, etc.
Why study BCom Accounting?
Some of the main reasons to select this particular course for your future are stated below:
- The students can go for higher studies in India or abroad and get a placement with a high salary.
- They can choose the fields like M.Com, MBA, etc., for their higher studies.
- Willing students can enhance their aptitude and analytical skills and go for higher salary placements.
- The job opportunities available for this course are more.
- After graduation, one can become a good successor for his/her family company.
- Some students can even start up their own firm.
BCom Accounting: Top Colleges
| NAME OF COLLEGE/UNIVERSITY | AVERAGE FEES |
|---|---|
| Miranda House, Delhi | INR 14,160 |
| Lady Shri Ram College for Women, Delhi | INR 10,000 |
| Hindu College, Delhi | INR 17,560 |
| St. Stephen’s College | INR 40,420 |
| Presidency College | INR 1,267 |
| Lovely Professional University | INR 95,200 |
| Symbiosis College of Arts, Science, and Commerce | INR 11,000 |
| Chandigarh University | INR 96,000 |
| Don Bosco Arts and Science College | INR 15,823 |
| Nalanda College of Arts and Science | INR 30,055 |
BCom Accounting: How to get Admission in a Good College?
To get admission for the program in an institute, try to have an excellent track record in your high school education. Get yourself ready for the upcoming entrance exam, and personal interview and group discussion (if any).
Tips for personal interview:
- Be confident
- Be honest about yourself to the interviewer.
- Be polite
- Take the interview on the subject you are strong in.
- Stay calm
- Have a positive body language
- Be thorough with your CV
Tips for the group discussion:
- Arrive early
- Speak in the positive and right way
- Listen to your opponents
- Use the correct tone.
- Be focus
- Have a good body posture.
- Be a team player.
- Elaborate with examples
- Manage the given time.
BCom Accounting: Course Comparison
B.Com Accounting will focus only on the accounting department while B.Com Accounting and Finance focuses on both accounting and finance. Both are in high demand for their role in various firms. The career options for both the courses will have only a minor difference.
| Parameter | B.Com Accounting | B.Com Accounting and Finance |
|---|---|---|
| Domain | Commerce | Commerce |
| Overview | It is a 3-year undergraduate program in the discipline of Commerce that focuses on accountancy in big organisations. | It is a 3-year undergraduate program in the discipline of Commerce that primarily focuses on accounting and develops application-oriented and analytical skills. |
| Duration | 3 Years | 3 Years |
| Eligibility | 45% marks in class 12 from recognized Education board | 45% marks in class 12 from recognized Education board |
| Average Annual Fee | INR 10,000-1 Lakhs | INR 10,000-1Lakhs |
| Average Salary Offered | INR 2-10 LPA | INR 5-10 LPA |
BCom Accounting: College Comparison
| Parameter | Miranda House | Lady Shri Ram College for Women | Hindu College |
|---|---|---|---|
| Overview | The university was established in 1948. It is India's premier Women’s institutes of Delhi University. | It was established in 1956. It is India's premier Educational Institution of Delhi University. | It was established in 1899. It is one of the oldest for arts and sciences in India. |
| Rank | NIRF Ranking-1 | NIRF Ranking-2 | NIRF Ranking-3 |
| Average Fees | INR 14,160 | INR 10,000 | INR 17,560 |
| Average Package Offered | INR 5 Lakhs | INR 6 Lakhs | INR 5 Lakhs |
| Placement Companies | Wipro, Decathlon, Stanza, etc. | McKinsey, BCG, Bloomberg, KPMGetc, Bank of America | Brain & Co., BCG, Deloitte, EY, Accenture |
BCom Accounting: Distance Education
The candidate can study this program in Distance Education also. The eligibility criteria is the completion of the class 12 examination with a minimum of 45% marks.
Some of the colleges that offer this program in distance education:
| College name | Course Fee | Duration | Admission process |
|---|---|---|---|
| Indira Gandhi National Open University | INR 8,100 | 3-Year | Merit-basis |
| Karnataka State Open University | INR 11,400 | 3-Year | Merit-basis |
| Tamilnadu Open University | INR 6,600 | 3-Year | Merit-basis |
| Utkal University | INR 21,900 | 3-Year | Merit-basis |
| Yashwantrao Chavan Maharashtra Open University | INR 16,900 | 3-Year | Entrance exam |
BCom Accounting: Syllabus
| Semester I | Semester II |
|---|---|
| Financial Accounting- I | Financial Accounting – II |
| Business Economics | Business Economics – II |
| Business Organization | Cost Accounting – I |
| Business Law | Business Communication |
| General English 2 | Environmental Science |
| Fundamentals of Mathematics & Statistics | Business Statistics |
| Semester III | Semester IV |
| Corporate Accounting | Advanced Corporate Accounting |
| Auditing | Financial Reporting |
| Cost Accounting – II | Management Accounting |
| Corporate Laws | Financial Management |
| Income Tax Law & Practice | Indirect Taxes |
| Information Technology & Accounting (Lab Based) | Business Research Methods |
| Semester V | Semester VI |
| Advanced Accounts | Corporate Reporting |
| Financial Market Operations | Management Information System |
| Corporate Tax Law & Practice | Project Report – Viva Voce |
| Business Communication – II | Elective Courses: Any Four Courses from the followings:- |
| Value, Ethics & Governance | Advanced Financial Management |
| Business Analysis | Advanced Performance Management |
| Summer Training Report | Advanced Taxation |
| - | Advanced Audit & Assurance |
| - | Principles of Marketing |
| - | E- Commerce |
| - | Entrepreneurship |
| - | Organization Behavior |
| - | Banking & Insurance |
| - | Operation Research |
| - | Human Resource Management |
| - | Computerized Accounting (Lab- based) |
BCom Accounting: Important Books
| Book Title | Author Name |
|---|---|
| Financial Accounting: For B. Com | S.N. Maheshwari and S.K. Maheshwari |
| Accounting on 3rd. Revised Ed. Effective Techniques for Decision Making | S. Jayapandian |
| Cost Accounting: Theory & Practice, 3rd Ed. | Nirmal Gupta, Chhavi Sharma |
| DU B.COM. (HONS)SEM-5: FUNDAMENTALS OF MANAGEMENT ACCOUNTING | H.V. JHAMB |
| Corporate Accounting: Theory & Practice – 2nd Ed, | Nirmal Gupta |
BCom Accounting: Job Prospects and Career Options
| Jobs | Description | Average Salary |
|---|---|---|
| Business Analyst | The person who analyses a business’s documents, processes and way of assessing a model. | INR 8 LPA |
| Accounting Clerk | The person who assists on both clerical and administrative of a company. | INR 2 LPA |
| Accountant | The person who keeps the record of financial accounts of a company and analyses them. | INR 3 LPA |
| Finance Officer | The person handles a company’s financial crisis and decisions. | INR 3.5 LPA |
Salary Trend Graph
BCom Accounting: Top Recruiting Areas
- Banks
- Colleges
- Schools
- Hospitals
- Law firms
- Multinational companies
- Government sectors like income tax department
- Public Works Department
- Industries
- Hotels, etc.
BCom Accounting: Future Scope
Students are being recruited by both public and private sector companies. After graduation, some students will opt for management in their family company. Some students will start up their own firm. Other students can go for higher studies in various fields like MBA, M.Com, etc.
BCom Accounting: FAQs
Ques. What is the stream of this course?
Ans. B.Com Accounting comes under the discipline of Commerce.
Ques. Which are the books recommended to prepare for the entrance exam?
Ans. The recommended books are as follows:
| Financial Accounting: For B.Com |
| Accounting on 3rd. Revised Ed. Effective Techniques for Decision Making |
| Cost Accounting: Theory & Practice, 3rd Ed. |
| DU B.COM.(HONS)SEM-5: FUNDAMENTALS OF MANAGEMENT ACCOUNTING |
| Corporate Accounting: Theory & Practice – 2nd Ed, |
Ques. What is the course’s scope?
Ans. The students are get recruited for the job roles such as
- Accountant,
- Finance Manager,
- Operations Manager,
- Account Executive,
- Financial Analyst,
- Executive Assistant,
- Chartered Accountant,
- Chief Accounting Officer,
- Accounting Firm Partner,
- Finance Director,
- Audit Manager, etc.
Ques. What are the recruiting areas that offer jobs for the students from this stream?
Ans. The top recruiting areas are Banks, colleges, schools, hospitals, law firms, multinational companies, government sectors like income tax department, Public Works Department, industries, hotels, etc.
Ques. What is B.Com Accounting Salary?
Ans. The average salary package in India for this program will be around INR 2-10 LPA.
Ques. What are the recruiting companies for this course?
Ans. The recruiting companies are Deloitte, KPMG, Ernst & Young, Genpact, Tata Consultancy Services Limited, WNS Global Services, Wipro Technologies Ltd., Tata Motors, Bharat Sanchar Nigam Limited (BSNL), National Small Industries Corporation Limited (NSIC), Heavy Engineering Corporation Limited (HEC Ltd), etc.
Ques. What are the admission processes involved?
Ans. The admission to B.Com Accounting will be based on their both merit and entrance exam.
Ques. What is this program’s eligibility?
Ans. Qualification of Class 12 with a minimum of 45% marks from a recognized Education board.
Ques. What is the B.Com Accounting Course fee?
Ans. The average course fee in India will range from INR 10,000 to 1 lakh, based on the institution.
Ques. Is Distance Education available for this course?
Ans. Some colleges offer this program in distance education.
| College name | Course Fee | Duration | Admission process |
|---|---|---|---|
| Indira Gandhi National Open University | INR 8,100 | 3-Year | Merit-basis |
| Karnataka State Open University | INR 11,400 | 3-Year | Merit-basis |
| Tamilnadu Open University | INR 6,600 | 3-Year | Merit-basis |
| Utkal University | INR 21,900 | 3-Year | Merit-basis |
| Yashwantrao Chavan Maharashtra Open University | INR 16,900 | 3-Year | Entrance exam |
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