Ashu Talwar
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Everything You Need to Know About Bachelor of Commerce

9/20/2021

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A bachelor's degree in commerce (B.Com) provides students with a conceptual grasp of accounting, economics, business law, taxation, insurance, and management.
 It is a three-year undergraduate program in business administration. Chartered Accountancy (CA), Company Secretary (CS), Cost and Work Accountancy (CWA), Insurance & Banking services are just some of the professional options available with a B.Com. A business background can help you set the groundwork for a successful career. The financial underpinnings of the organization are familiarised with a B.Com degree. 
Eligibility Criteria 
Candidates seeking admission to the Bachelor's degree in Commerce program should review the eligibility requirements to confirm that they are eligible.
Listed below are the eligibility criteria for candidates to go through: 
  • Candidates must have completed 10+2 with the required minimum marks for admission to the university or institute, as determined by the university or institute.
  • Students must also have completed mathematics and English courses.
B.Com Specializations
Aspirants interested in pursuing a career in the Commerce field can choose from a variety of fields available in the B.Com program. Accountancy, taxation, management, and other specializations are available. Specializations differ from one institute to the next. The specialization of the Bachelor of Commerce will determine the career route. The following are some of the most common B.Com specializations:
  • Accounting and Finance: Financial accounting is a type of accounting that involves documenting, analyzing, and reporting the number of transactions that result from corporate operations over some time. Such activities are documented in the preparation of financial statements, which include the balance sheet, income statement, and cash flow statement, and show the company's operating results over a set period.
  • Taxation: The course covers accounting, financial planning, and economic theory topics, with a special focus on taxes, which is a technique of taxing people who make 'taxable' money. To put it another way, a Bachelor of Commerce (Taxation) degree program focuses on the systematic study of principles in the fields of taxation and specific issues, in addition to a general course study in Commerce.
  • Auditing: Financial auditing is the practice of evaluating an organization's (or an individual's) financial records to see if they are accurate and compliant with all applicable rules (including accepted accounting standards), regulations, and laws. External auditors come in from outside the organization to analyze accounting and financial records and provide an unbiased opinion on them. 
Candidates interested in pursuing a Bachelor of Commerce in Raipur can choose from a variety of Bachelor of Commerce programs. The curriculum of ITM University Raipur is meant to provide exposure and understanding in areas such as finance, accounting, taxation, and management. The B.Com is an interdisciplinary program. In the first two years, it focuses on microeconomics, statistics, financial accounting, business communication, corporate law, and auditing. Financial management and macroeconomics theories are taught in the third year.
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