What are commerce courses?

As globalisation is impacting commercial activities around the world, commerce courses have come to the rescue of those who want to better understand this change and its impact. Also, pursuing commerce courses offer an entry to the corporate world.

Associated with buying, selling, or exchanging goods in general, studying commerce courses involve large-scale analysis of trade, business transactions related to purchasing, production, distribution, and financial management. Moreover, it helps to develop the understanding of fundamentals of business, accounting and barriers of trade and taxation policies.

Some of the popular commerce courses at the undergraduate and postgraduate levels include:

1. B.Com (General & Hons)
2. B. Com (Accountancy)
3. B. Com (Accounting and Finance)
4. B. Com (Applied Economics)
5. M.Com (Accountancy and Business Statistics)
6. M. Com (Accountancy)
7. M. Com  (Accounting and Finance)

At UG Level:

Job Prospects

A student who has graduated from a commerce course can work in BPOs, IT firms, software companies, recruitment and staffing organizations, banking sector, infrastructure companies and government organisations. Also, commerce graduates can serve on the posts of junior accountant, process associate, account assistant, budget analyst, junior bank officer, insurance associate and commerce lecturer among others. One can also find job opportunities as Senior Analyst, Market Analyst, Investment Banker, Equity Research Analyst, Operations Manager, Executive Assistant, business analyst. This is not all; one can land jobs at the overseas firm as well and could get the opportunity to work out there too. Commerce sector has never stopped booming and with rising in entrepreneurship, 

At PG Level:

Job Prospects

Pass outs of postgraduate commerce courses can work in different market segments, including banking, insurance, and investment, as well as the automobile and manufacturing sectors. Also, they can serve the taxation departments under the Government of India. Further, commerce postgraduates can work as a finance and accounts executive, financial analyst, credit analyst, auditor, stock broker, CPA, CA, bank manager and lecturer depending upon their specialisation and interest.

 

Skill Sets Required

Those going for commerce courses must possess or acquire the following attributes during the course of the program:

  • Good communication skills
  • Proficiency in computing numerical data
  • Logical reasoning
  • Organizational skills
  • Intensive mathematical skills
  • Peer Learning
  • Negotiation skills

 

Great faculty and a good student crowd

By Yash Munjal (Class of 2017) , 1 week, 3 days ago
User Rating
3/5

Overall a good experience. Faculty was good and the management and department staff were very friendly and supportive. All the people are very friendly and of dynamic culture, so you get learn a lot about different people and their culture. Lot of co-curricular activities are organised in the campus as well.


One of the ranking colleges of DU

By Anonymous , 3 weeks ago
User Rating
5/5

Daulat Ram is awesome in academics. Not only the academics but you get the full fledged exposure. Everything about the college is awesome. Being a girls college it provides every kind of opportunities to us. Proud to be a part of such a great organisation.


Mata sundri college for women as a whole

By Anonymous , 3 weeks, 2 days ago
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3/5

Its a good college for girls. Safety of students is insured. It has a Gurudwara in the premises. And a nice auditorium with a good seating capacities. Societies in the college are not that popular. It has a big canteen with good food.





At the Undergraduate Level

Eligibility Criteria

 

Course

Eligibility

Bachelor of Commerce (B Com) and Bachelor of Commerce Honours [B Com (Hons)]

Students who have passed Class 12 with Mathematics and English as compulsory subjects

Master of Commerce (M.Com)

 

Students who have graduated or in the final year of their under-graduation can apply

 

Admission Process

There is no entrance test for students willing to enrol into a B Com program. Students interested for B Com can apply directly to colleges and are given admission based on the marks attained in the grade 12 examination.

Entrance tests at the national/ state/ university level are conducted for admission to the professional commerce courses like B.Com and M. Com, based on the rank/ score secured in the entrance exam, students are granted seats in the respective courses.

Examination

Let us have a look at a few of the common entrance tests conducted by various universities for commerce courses like M. Com.

1.      DU Joint Admissions Test (DU-JAT): DU JAT is a joint common entrance test conducted for students to gain admission to Delhi University colleges that offer B.Com courses. The duration of the exam is 2 hours and it features objective questions. Information regarding the fees and exam date can be found on the website - www.du.ac.in.

2.      Symbiosis Entrance Test (SET): Students who would like to take admission to B.Com with the Symbiosis International University can appear in the SET exam. More information related to SET can be found here - Symbiosis Entrance Test

The admission to commerce courses offered by Symbiosis is given on the basis of the merit list prepared by the Institute. SET is designed to test the level of knowledge students have in English, general aptitude, logical reasoning and quantitative thinking.

3.      Manipal University Online Entrance Test (MU-OET): MU-OET is an online test conducted by the Manipal University for students seeking admission to undergraduate commerce courses. Students who want to enrol for a B.Com program can appear in the entrance test. Follow the link below to get detailed information about MU OET - Manipal University Online Entrance Test

Below mentioned are a few institutes that conduct common entrance tests at their own level for admission to commerce courses such as B.Com and M.Com.

Also, some colleges prefer candidates who get through the entrance exam, to appear for group discussion and personal interview rounds.

Duration and Fee Structure

Course/ Delivery Type

Duration (Years)

Fee Structure (INR)

Bachelor of Commerce (B Com) - Full-time

3

1-3 Lacs

Bachelor of Commerce Honours [B Com (Hons)] - Full-time

4

1-3 Lacs

B. Com (Accountancy)

3

1-3 Lacs

B. Com (Accounting and Finance)

3

1-3 Lacs

M.Com (Accounting)

2

1-3 Lacs

M.Com (Accounting and Finance)

2

1-3 Lacs

M. Com (Accountancy)

2

1-3 Lacs

 

Students, who are unable to dedicate time to regular UG commerce courses, can enrol themselves to a B Com program through the distance education mode as well. The University of Mumbai, Karnataka State Open University, Alagappa University, Delhi University Distance Education and IGNOU are a few well-known institutions that offer distance-learning programs for the commerce courses. Also, there are evening colleges affiliated to reputable universities that allow students to continue their degree education. Further, BBA and B Com students who are working on a part-time basis can attend the evening classes.

 

At the Postgraduate Level

Eligibility Criteria

Students who have graduated from Commerce courses with a minimum of 50 percent or above score are eligible to apply for M Com programs.

Admission Process

Though many institutes require candidates to appear for an entrance exam, some institutions give direct admission based on the marks scored in the Bachelor’s degree in commerce.

Examination

There are a few institutes, which conduct a CET for admission to M Com commerce courses.

  1. Panjab University - PU CET (PG): The Panjab University, Chandigarh, requires candidates to appear in the CET exam if they want to enrol into the M Com (Business Economics) course. Interested candidates can check for additional information regarding CET on its official website - www.puchd.ac.in
  2. Calcutta University: The Calcutta University conducts CET for admission to M Com courses. The information about the CET can be found on its website - www.caluniv.ac.in
  3. Graduate Management Admission Test (GMAT): Aspirants can secure seats in more than 100 top institutes across India with their GMAT scores. Colleges which accept GMAT scores, include IIM Ahmedabad, ISB Hyderabad & Mohali, IIM Bangalore, XLRI Jamshedpur, Dept. Of Management BITS Pilani, and IIFT Delhi & Kolkata among others.

These CETs majorly feature objective type questions based on the logical reasoning, quantitative aptitude, general knowledge and English at the undergraduate level.

Once results of the CET are published, students may be called for a group discussion or a personal interview.

Duration, Delivery Type and Fee Structure

Course/Delivery Type

Duration (Years)

Fee Structure (INR)

Master of Commerce (M Com) - Full-time

2

1-2 Lacs

 

Commerce Course: Specialisations at UG Level

The areas of specialization offered under a B Com program include advertising and sales management, computer application, foreign trade, e-commerce, office management and tax procedure. Students who opt for B Com (Hons) can also specialize in banking, marketing, accounts and finance, taxation, financial market, economics and investment. Talking about other career prospects, one can get a job with handsome salary as a Statistician, Assistant Manager/ Officer, Statistical Assistant, Service Quality Leader, Market Research Analyst, Lead Modeller, Economics Teacher, Curriculum Developer, Subject Matter Expert – Economics, Data Analyst – Energy Economics.

 

 

(Advertising and Sales Management)

One of the most popular and always in demand job profiles is Advertising and Sales Management. This requires individuals to be agile and in touch with changing market trends and requirements. 

 

(Foreign Trade, e-commerce)

Needless to say how e-commerce business has expanded and boomed in past decade, creating a lot of job opportunities and ever growing career. The industry is desperately looking for qualified graduates and postgraduate in commerce major.

(Office Management and Tax Procedure)

The commerce aspirants can easily find work in office management, which would always require individuals with accounts and financial knowledge. The other area where commerce graduates are in great demand is Tax department. Here, no other professional can fill in for as it requires the expertise of commerce personnel.

(Market Research Analyst)

One can also explore the possibility of specialising as the Market Research Analyser. The person closely follows and reads the market demands and needs. MRA is required in all the departments and in all forms of businesses. 

 

(Advertising and Sales Management)

One of the most popular and always in demand job profiles is Advertising and Sales Management. This requires individuals to be agile and in touch with changing market trends and requirements. 

(Foreign Trade, e-commerce)

Needless to say how e-commerce business has expanded and boomed in past decade, creating lot of job opportunities and ever growing career. The industry is desperately looking for qualified graduates and postgraduate in commerce major.

(Office Management and Tax Procedure)

The commerce aspirants can easily find work in office management, which would always require individuals with accounts and financial knowledge. The other area where commerce graduates are in great demand is Tax department. Here, no other professional can fill in for as it requires the expertise of commerce personnel.

(Market Research Analyst)

One can also explore the possibility of specialising as the Market Research Analyser. The person closely follows and reads the market demands and needs. MRA is required in all the departments and in all forms of businesses. 

Commerce Course: Specialisations at PG Level

Many postgraduate commerce courses offer marketing, international marketing, accounting and finance, and statistics as areas of specialisation. Firstly, a student has to identify his specific interest out of several options available. This could be in investment banking, research methodology in commerce, investment management, accounting and finance, marketing, or e-commerce, which is growing at a rapid-fire.

Then, shortlist colleges and universities offering you specific course, you have identified for yourself. Once you know in which area you want to take your career in, the rest will follow. The information mentioned in this article will further help you in narrowing down your goal. One can specialise to become, an Accounts Assistant, Executives, Financial Analyzer, Investment Banker, Executive Assistant and can get many other portfolios.

(Account Assistant)

After post graduating, one can opt for several specialised careers and one of the top being account assistant. The individual has a lot to learn and build on from being an account assistant.

(Financial Analyzer)

A Financial analyst is an exciting job profile for the commerce graduates. In this, the individual takes care of financial planning, analysis and projection for companies and corporations.

(Investment Banking)

Another department in which commerce aspirants can specialise is investment banking. Here, the investment banker helps their clients in raising money in capital markets by issuing debt or selling equity in the companies.

(Executive Assistant)     

Postgraduates with interest in clerical skills can specialise to be an executive assistant. Their roles include helping with marketing research, training staff and scheduling important meetings.

No data is available as of now. Keep watching this space for more information soon !

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