B. Com Full Form

B. Com Full Form: Bachelor in Commerce is the full form of B.com. Bachelor in Commerce is an undergraduate program in commerce that offers in-depth knowledge and skills in understanding the concepts associated with Corporate Accounting and Taxation. The program offers expertise in domains like Accountancy, Economics, Management, Banking, Taxation, and Law.  The main objective of the program is to create human resources equipped with the knowledge and skills requires to meet the challenges of modern business. The program is focused to meet the challenges of modern-day mainstream businesses.

Eligibility Criteria of B. Com

Students who are aspiring to take up B.com as an undergraduate course for studies need to fulfill some eligibility criteria. These criteria are as:

• The candidate needs to have 12th standard certification in the commerce stream. 
• Colleges release their cut-offs frequently during the time of admissions which gradually keeps decreasing. Here, the candidates who have scored above the cut-off set by colleges can get admission to that particular college.
• Although it is assumed that the commerce stream is compulsory to take B.com as a course for higher studies, there are some colleges that provide admissions irrespective of the stream you have in 12th standard. This process is completely discretionary and varies from college to college.
• There are even some private colleges that provide direct admissions.

Syllabus of B.Com

The syllabus of B.com includes different subjects related to the subject matter of commerce and finances.

• Entrepreneurship
• Auditing 
• English
• Law
• Taxation
• Accounts 
• Costing Financial management
• Statistics
• Public policy
• Marketing management

Types of B.Com

The course Bachelor in Commerce can be differentiated into two types that are B.com(pass) and B.com(Hons). Let’s look into their differences.

B. Com (Pass)	B. Com (Hons)
1. The course only provides an overview structure of every subject.	1. The course provides in-depth knowledge of different subjects included in the syllabus.
2. Mathematics is not included as a compulsory subject.	2. Mathematics is included as a compulsory subject in the course.
3. It is more theoretically based and lacks in the case of developing business skills.	3. It focuses on both theoretical knowledge and business skill development.
4. There are no specializations available.	4. Students can opt to specialize in different subjects such as Accounting, Economics, E-commerce, Foreign trade management, Taxation, Computer application, banking, etc
5. The syllabus commonly includes 5 subjects.	5. The syllabus includes eight or more subjects.

Specializations Subjects in B.com

• B.com in Financial Management
• B.com in Accounts and Finance 
• B.com in taxation
• B.com in Economics
• B.com in Marketing
• B.com in Banking and Insurance
• B.com in Human Resources
• B.com Honours

 Advantages of the B.Com Program

• The program equips the student with basic knowledge of Accountancy, Economics, Management, banking, Taxation, and Law.
• Creates a foundation base of concepts and their applications to meet the various needs of business organizations.
• Create career opportunities with corporate and as entrepreneurs.
• Prepare students to cope with Post Graduate Programmes in India and Aboard as well as to prepare them for managing Businesses globally and as Entrepreneurs who will also be sensitive to societal concerns.
• Provide professional education and training to all students in all aspects related to promoting excellence in the industry.
• In the program, students acquire the knowledge required to start a business, plunge into entrepreneurship, and find success.
• The degree makes a student corporate-ready as well as for entrepreneurship. Students obtain enough business and financial knowledge that they can adapt to a job of an entrepreneur. 

Career Options After B.Com Program

1. Accountant
2. Tax Consultant
3. Tax Auditor
4. Finance Manager
5. Cost Accountant 
6. Financial Analyst
7. Finance Planner
8. Portfolio Manager
9. Finance Consultant
10. Investment Analyst
11. Accountant Executive 
12. Finance Controller 
13. Statistician
14. Economist 
15. Auditor

FAQs on B.Com Full Form

Q. Is it Compulsory to have Commerce as a Stream for B.com?

Answer:

NO, it is not compulsory to have commerce as stream to get admission. There are some colleges that grant admission to the candidates who are from other streams like science or arts.

Q. Is Maths Compulsory for B.com?

Answer :

No, mathematics is not compulsory to pursue B.com. It is an academic course on commerce and finances and students can go for it even if they don’t have opted for mathematics in 12th standard.

Q. Is Accounts a Compulsory subject in B.com?

Answer :

Yes, Accountancy is a part of the syllabus of B.com and one has to study it during the course.

Q. Can we complete B.com degree without going to college?

Answer :

B.com as a course can be pursued by some colleges like school of open learning or IGNOU or any other distance learning program without going to college. Students will only have to appear for examinations.

Q. Is there Scope after B.com?

Answer :

B.com is a 3-4 year long academic course which equips you with theoretical knowledge of commerce, financing and accountancy, it also develops business skills in the students. Hence, after the completion of course they can join private as well as public sector in various job roles like

• Accountant
• Tax Consultant
• Tax Auditor
• Finance Manager
• Cost Accountant 
• Financial Analyst
• Finance Planner
• Portfolio Manager
• Finance Consultant
• Investment Analyst,etc