B.Com Accounting and Finance is a three-year undergraduate course is designed to give students a solid foundation in accounting and finance theory and practice as well as in-depth knowledge of important topics such as portfolio management, capital markets, income tax law, etc. There are many job opportunities available for graduates of this course, and students can start with roles such as Marketing Manager, Accounts Assistant, Personal Finance Consultant, Executive Assistant, Risk Analyst, etc.
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| Degree | Bachelors |
| Full Form | Bachelor of Commerce in Accounting and Finance |
| Duration | 3 Years |
| Age | No specific age limit |
| Subjects Required | 10+2 from a Recognized Educational Board |
| Minimum Percentage | 50% |
| Average Fees | ₹5K – 70K PA |
| Similar Options of Study | B.Com (Computer Applications), B.Com (Corporate Secretaryship), B.Com (Accountancy) etc |
| Average Salary | INR 4.35 L per annum |
| Employment Roles | Accountant, Operations Manager, Lecturer, Financial Analyst, Finance Manager, Account Executive, Executive Assistant, Chartered Accountant, Accounts Assistant, SAP Consultant etc. |
| Top Recruiters | Tata Consultancy Services Limited, Genpact, Accenture, EY (Ernst & Young), J.P. Morgan Chase & Co. (JPMCC), HDFC Bank Pvt Ltd, HSBC, Capgemini, Wipro, Amazon.com Inc, Kotak Mahindra Bank etc. |
B.Com Accounting and Finance full form is Bachelor of Commerce in Accounting and Finance. The course duration is three years. B.Com Accounting and Finance syllabus includes the study of business economics, financial accounting, cost accounting, etc. B.Com Accounting and Finance job scope is extensive ranging from finance manager, investment banker to a money manager in both public and private sectors.
For admission in the B.Com in Accounting and Finance course, it is essential to fulfilling all the eligibility criteria. The B Com Accounting and Finance eligibility includes, students must complete their 10+2 with a minimum aggregate of 50%. Additionally, they must give the required entrance exams. The course has no age limit.
B.Com Accounting and Finance course is designed for students who wants to study different aspects of commerce, finance and accounting with having analytical and logical thinking skills. Because of this students have various job opportunities after completing this course.
If a student wants to pursue a career in accounting and finance-related field, he or she should begin at the 10+2 level. They must 12th grade in commerce or related stream from a recoginized board with 50%-55% marks.
For B Com Accounting and Finance admission, it is vital that the students ensure they are aware of all the admission requirements and eligibility criteria of the course. The admission process details can be started both offline and online. The course falls under the umbrella of the B.Com course and henceforth has a similar admission process.Listed below is the admission process in general:
To apply for admission in the B.Com Accounting and Finance course, students must register themselves in the official website of the college. They will be required to fill out the online application form and upload the required documents. Alternatively, students can apply for the admissions by going to the admission office in person and submitting the paperwork in person.
B.Com Accounting and Finance course selection process is done on the basis of the marks that the aspirants get in their entrance examinations and 10+2. Colleges have a cut-off based on which students get admitted.
Read More on B.Com Admission
Colleges that provide a degree in Bachelor of Commerce in Accounting and Finance, have entrance examinations as part of the screening process when selecting students for admission. Some of the entrance exams are listed below:
Bachelor of Finance and Accounting course details for the entrance exams can be found online. It is essential that students do the required research about the entrance exam’s pattern as it can really help them ensure that they ace the exams without any hurdles. The general structure and pattern of the entrance exams are given below:
Below is the list of the 10 best B.Com Accounting and Finance colleges in India:
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Sl. No. |
Name of the College |
Average Fees |
|
1 |
INR 29,000 PA |
|
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2 |
INR 9,200 PA |
|
|
3 |
INR 13,000 PA |
|
|
4 |
INR 33,000 PA |
|
|
5 |
INR 18,000 PA |
|
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6 |
INR 39,000 PA |
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|
7 |
INR 50,000 PA |
|
|
8 |
INR 4,000 PA |
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|
9 |
INR 10,800 PA |
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10 |
INR 18,000 PA |
B.Com Accounting and Finance fees are varied on the basis of factors such as the location of the college, demand for the college and the faculty available. The average fee of a B.Com in Accounting and Finance is between INR 50,000 – 1.5 LPA.
|
S.No |
Name of Institute |
Total Fee Structure |
|
1 |
Lovely Professional University |
INR 1.8 LPA |
|
2 |
G.D. Goenka University, Gurgaon |
INR 2 LPA |
|
3 |
Amity University, Noida |
INR 2 LPA |
|
4 |
Banaras Hindu University, Banaras |
INR 90,000 PA |
|
5 |
Institute of Home Economics, Delhi |
INR 50,000 PA |
The syllabus and subjects for B.Com in Accounting and Finance are divided into six semesters, spread across a time period of three years.The course introduces students to all the essential and important concepts relating to the financial sector of a company or organisation. Additionally, students are exposed to all the concepts relating to accounting and financial management. Some of the core subjects are mentioned below:
Read More: B.Com Accounting and Finance Syllabus and Subjects
When students are thinking about pursuing a B.Com in Accounting and Finance, they must ensure that they do all the required research about the course. Students often ask, “What is B.Com Accounting and Finance” and “Why choose B.Com Accounting and Finance?” To understand the answer to these questions, we can make it simpler by breaking it down to the following three short questions:
B.Com in Accounting and Finance is a three-year-long undergraduate programme that deals with costing, accounting, financial management and more. The course study helps the candidate to gain adequate skills in data handling and quantitative techniques (related to accounting and finance). Those who have successfully completed the B.Com Accounting and Finance course can have wide scope both with regard to higher education and career.
B.Com in Accounting and Finance graduates have a lot of job opportunities and scope in both the public and private domains. They can also go for government jobs such as government accountants-they may work at the local/state level or the central level, administer and formulate budgets, track costs, and analyze programs.
Financial Analyst: In this career, professionals need to track a company’s financial performance against a plan, analyze business performance and market conditions to create forecasts, and help senior management make tactical and strategic decisions by providing periodic reports.
One of the primary roles of a B.Com in Accounting and Finance graduate is accounting for an organisation and helping with their financial management. Accounting is the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions, and events which are, in part at least, of financial character, and interpreting the results thereof. On the other hand, the Finance syllabus focuses on funds management.
Demand: The field of Finance and Accounting is always in demand as it is the backbone of every business entity so the B.Com Accounting and Finance scope is in every industry. Due to the nature of the job, there is a huge demand for this role in the market, making it possible for students to build a rewarding career for themselves.
Read More: B.Com Accounting and Finance Jobs and Scope
It is important to have a detailed plan for the preparation in order to succeed in the course. Some of the Essential course preparation tips are listed below:
Make a Plan: It is important for the students to make a plan for the study plan. If students ensure that they are prepared for the course and exams, they can ace the course and exams with ease.
Time Management: The aspirant should be capable of answering all the questions in the specified time. Since it involves literature, it would be lengthy.
Skills: Trying to focus more on Quantitative Aptitude, English Comprehension, Analytical Reasoning, Data Interpretation, etc., which are all included in the entrance exam.
After obtaining a B.Com in Accounting and Finance, many students opt for higher education. Getting a master’s degree or certificate course can really help the students make a rewarding and higher-paying career.Below mentioned are some of the popular master’s courses that students pursue after a B.Com in Accounting and Finance:
According to Payscale, the average starting salary for B.Com Accounting and Finance is INR 2.5 – 3.5 LPA. This salary is not fixed and changes due to many factors. If students obtain some work experience or higher education it can help them get a higher salary at work.
Read More: B.Com Accounting and Finance Salary
There are many job opportunities available for B.Com in Accounting and Finance graduates. The teaching methodology helps the students to stay up to date with all the latest requirements and developments in the industry they are interested in entering. Listed below are popular roles that B.Com in Accounting and Finance graduates start with:
There are many skills that students need to possess to successfully complete the course and also to thrive in their jobs. These skills include both soft skills, such as communication skills, and hard skills, such as mathematical skills. Some of these skills include:
The B.Com Accounting and Finance course imparts practical and theoretical knowledge in the subject areas to the students, such as financial management, accounting management, business economics, cost accounting,etc. B.Com Accounting and Finance job scope is expanded into various areas or industries such as information technology, healthcare, education, banking, etc. in both private and public sectors.
B.Com Accounting and Finance syllabus covers the necessary topics that are required to study. The first two semesters consist of the basics while the other two are the core important topics. The B.Com Accounting and Finance course aims to ensure that the students find a rewarding career for themselves.
Given below are the B.Com Accounting and Finance subjects 1 year with 1st and 2nd-semester syllabus of the course:
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Semester I |
Semester II |
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Financial Accounting |
Business Organization |
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Business Economics |
– |
Given below are the third and fourth-semester syllabus of B.Com Accounting and Finance subjects:
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Semester III |
Semester IV |
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Corporate Accounting |
Banking Theory |
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Business Statistics |
Business Environment |
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Commercial Law |
Environmental Studies |
Given below are the fifth and sixth-semester syllabus from B.Com Accounting and Finance subjects list:
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Semester V |
Semester VI |
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Business Finance |
Cost Accounting |
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Auditing |
Accounting for Managerial Decisions |
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Income Tax |
– |
Subjects in BCom Accounting and Finance comprise the theory part where students need to pay attention and learn each and every key point that is required to learn. The course consists of core topics and elective topics.
The elective topics are optional and students can choose according to their preferences. Students may ask what are the subjects in B.Com Accounting and Finance course so, in the case given below are the core and elective subjects for this course.
Given below are the core of the B.com Accounting and Finance course:
Given below are the elective subject of the B.Com Accounting and Finance course:
B.Com Accounting and Finance course structure is designed in a way to provide students with actual knowledge in this field.
The course duration is three years and it is compact with core and elective subjects accordingly. Students will conquer a bright future after completing this course attentively.
B.Com Accounting and Finance teaching methodology is the most important aspect of a course curriculum to understand the subject more deeply.
The classroom-based teaching methodology is the ideal method of learning. The course is designed in a way that students get access to all the infrastructure and facilities available. Listed below are the teaching methodology and techniques:
B.Com Accounting and Finance course projects are an important segment of the course curriculum. Students can choose their course project according to their specialization. Given below are some of the course projects.
B.Com Accounting & Finance books can help students to understand the core topics and they also can learn about various topics according to their interests.Given below are some of the important books:
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Name of Book |
Author |
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Financial Accounting |
S.N. Maheshwari and S.K. Maheshwari. |
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Cost Accounting |
Nirmal Gupta |
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Corporate Accounting |
Nirmal Gupta |
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FUNDAMENTALS OF MANAGEMENT ACCOUNTING |
H.V. JHAMB. |
|
Effective Techniques for Decision Making |
S. Jayapandian |
