B Com Accounting and Finance : Courses, Admissions, Eligibility, Syllabus, Cost, Jobs

B.Com (Accounting and Finance) is a full-time 3-year course that is offered at the undergraduate level. This course teaches a student finance and accounting practices. The course further teaches the technical skills that are required for financial analysis and accounting standards.

To seek admission to B.Com (Accounting and Finance), the basic eligibility is 10+2 with a minimum of 50% aggregate marks. Though the cut-off percentage required to get admission to the course varies from college to college and university to university.

The admission to the above course, therefore, depends on the marks obtained in 10+2. Some colleges consider 10+2 marks along with the entrance test results and later go for personal interview etc.

The B.Com (Accounting and Finance) graduates can seek various job roles like being a Business Analyst, Market Analyst, Financial Analyst, Investment Banker etc and in sectors like Education, Banking, Investment Banking, Auditing etc.

The following table gives details about B.Com (Accounting and Finance) course highlights.

B. Com (Accounting and Finance): Course Description

The following listed points will provide some course description and details for your information.
•The course focuses on the basics of money, business and management, and, sets you up for a professional career in these areas.
•The course relates to information analysis of a business while finance relates to business monetary fund.
•This degree provides information regarding accountancy practices, finance in business, commerce etc.
•The course will help you develop subject specific and technical skills. It will also help you develop your numerical and quantitative skills, written and oral communication skills etc.

Why should you go for B.Com (Accounting and Finance)?

A degree in B.Com (Accounting and Finance) will help you learn various skills and is considered as good for the following reasons:

•Employment Prospects: This course will equip you with skills that you will be employable across industries and sectors. The commerce graduates are employed by Investment Banking and Management sector, Financial Services sector etc. where some 8.4 million people will be hired over the next 8 to 10 years.

•Excellent Salaries: As per various pay-scale websites, a B.Com (Accounting and Finance) graduate can earn a median salary of
INR 5,00,000 per annum. Apart from this, they receive bonuses, TA, DA etc.

•A B.Com (Accounting and Finance) graduate can get various opportunities abroad. These opportunities not only provide cultural exchange but also help the graduates learn new language skills.

•Accounting and finances play a very significant role in every organization’s business and management be it a private, public or a non-profit organization. Every organization needs to take care of its operational finances.

•Qualified and capable accounting professionals are in high-demand these days because every organization’s financial management practices can be scrutinized.

Who should consider doing a B.Com (Accounting and Finance)?  

•A student who is interested in working in financial or financial services sector.
•A student who is interested in pursuing a career as an Audit Manager.
•A student who wishes to be a Finance Manager can also choose this degree.
•A student who wishes to be a part of Banking and Financial sector can opt for this course.
•A student who wants to work as an Investment Banker should take up this course.

B.Com (Accounting and Finance) course: Admission Process

The admission to B.Com (Accounting and Finance) course is done on the basis of merit or results of an entrance examination. These admissions generally take place during the months of May to June.

B.Com (Accounting and Finance): Eligibility Criteria

The eligibility criteria for seeking admission to B.Com (Accounting and Finance) has been listed below. The criteria can vary from college to college and university to university.

•The candidate should have passed 10+2 examinations.
•The candidate should have secured an aggregate of 55 % marks.
•The candidate should meet the minimum cut-off percentage for the college applying to. The cut-off may vary for colleges.
•Some colleges or universities conduct their entrance examination for admission to the course. Therefore, the candidate should get through these examinations.

B. Com (Accounting and Finance): Entrance Examinations

The following table lists information about various entrance examinations conducted by various colleges and universities to get admission to B.Com (Accounting and Finance) course.

Tips to prepare for B.Com (Accounting and Finance) Entrance Examination

A candidate needs to prepare for her B.Com (Accounting and Finance) entrance examination. She ought to keep in mind the following tips while preparing for the entrance exam.

•The candidate must look at the complete syllabus and chapters that are included in the entrance examination before starting preparation for the entrance examination.
•The candidate should prepare the easy chapters before moving on to the difficult chapters as they can take longer to prepare.
•The candidate should prepare for Quantitative Aptitude, Verbal Ability, Logical Reasoning, General Ability and Current Affairs.
•The candidate should buy the best of preparation material and books for optimum preparation.

B.Com (Accounting and Finance): Syllabus

The table below gives detailed information about the syllabus of B.Com (Accounting and Finance) that a candidate will study as part of her course.

A B.Com (Accounting and Finance) graduate can thus choose to opt for various career opportunities that completion of the course provides her with. These graduate are highly employable and in high-demand across commercial and business sectors.