Commerce

Bachelor of Commerce (B.Com.)

“A Bachelor of Commerce, abbreviated as B.Com. It is an undergraduate degree in commerce. The course is designed to provide students with a wide range of managerial skills and understanding in various streams like finance, accounting, taxation and management” .The course essentially is an advanced study of the modern technologies used to simplify entrepreneurship and banking processes through commerce the cycle of operation of such virtual transactions allied concepts of Law, Commercial Accounting, Management, Taxation, Programming, etc. up-and-coming technologies and applications in the area of E-Commerce.
There is a wide scope for students who are pursuing B.Com graduation, Bachelor of commerce is also three-year degree course which is taken up by commerce students wanting to make a career in finance, taxation, and accountancy.
Those opting for B.COM will learn general business principles, accounting, finance, law, Economy structures etc. Various options are available for students who want to go for further studies after completing their B.COM. After Bachelors of commerce you can do two year course of Masters of Commerce (M.com)
Actually after graduates and post graduation in commerce have lots of career options in Accountant, Tax Consultant, Human Resource, Banker, Auditor, Stock Broker, Lecturer, Export Import Manager, Finance Consultant, Insurance Consultant, CA / Cost & Work Accountant / Company Secretary, Event Manager, Travel Agent / Travel Manager Etc.
After B.com in Banking and Insurance you can work in Insurance Industry as an Insurance Advisor or Insurance consultant etc. Chartered Accountant (CA) / Cost and Work Accountant (CWA) / Company Secretary (CS) are the more advanced one can give the exams while you are in college also. After graduation you can work with Travel and Tourism Industry. Marketing, Accounts and Costing subject will help you a lot in this field. In fact immediately after graduation you can work as an accountant as every company requires accountant to run their business and to keep track of profit and loss of their company. As a financial consultant you can advice one on the savings, retirement planning, financial planning about the future etc and can save them from the future money crisis.

Master of Commerce (M.Com)

M.Com or Master of commerce is a postgraduate academic degree which is awarded after successful completion of a two years program. The Master degree course covers the study of principles of accounting, economic theory, micro and macro economics, money and banking systems, knowledge about business trade and its characteristics and policies involved, etc. In the final year, the students opt for specialized study in anyone fields of commerce such as Statistics, Taxation, Marketing, Accounting & Finance, Banking, Insurance etc simply M.Com is a postgraduate degree program that focuses on the systematic study of the concepts of Accountancy, Business studies, Statistics, Economics, Mathematics, Finance, Banking, Law, Taxation, Marketing , Management studies, etc. Therefore study of M.Com degree gives an insight of commerce, Management and Economics.
Eligibility:
The basic eligibility criterion for pursuing M.Com degree is having graduation degree in commerce stream.
Master of Commerce course suitability:
Master of Commerce is suitable for those candidates who want to go for higher studies and research work in the field of statistics and related areas besides taking up job of a teacher/ lecturer in various universities and colleges after clearing the requisite exams like UGC NET/JRF etc.
This course is also suitable for those candidates who are willing to pursue chartered accountancy and company secretary-ship.
Actually commerce graduates have lots of career options:
1. Accountant
After your graduation immediately you can work as an accountant and most of the fresh commerce graduates look for a job as an accountant. Accountant is required in all types of industries. Every company requires accountant to run their business and to keep track of profit and loss of their company.
2. Tax Consultant
Taxation you learn in college itself, after graduation you can work as a tax consultant with any firm and get some experience. Later on you can independently work as a Tax consultant or work from home or can also start your own firm.
3. Lecturer
After Masters of Commerce (M.com) one can work as a commerce lecturer in college or universities.
M.Com other careers at a glance:
  • Auditor.
  • Stock Broker.
  • Finance Consultant.
  • Insurance Consultant.