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BCom Accounting and Finance: Course Details, Fees, Colleges, Admission, Eligibility, Salary

BCom Accounting and Finance is a three-year undergraduate programme in accounting and finance (Full time). It is a course that covers the essentials of accounting and financial management. A person can master the technical skills involved with many of the methods of finance analysis and accounting standards through this course.

The minimal requirement for this programme is that you have completed a 10+2 or equivalent exam in commerce, arts, or science from a recognised board with a minimum score of 50%. The minimum marks required by universities to admit students to this program may differ from one college to the next.

The marks acquired at the 10+2 level are used to determine admission to BCom Accounting and Finance colleges. The admissions process differs from one institute to the next.

After passing the entrance exam, some universities provide direct admission to the course on the basis of merit and a personal interview or counselling.

Distance learning prices for Accounting and Finance range from INR 2000 to 50,000 per year on average.

Graduates of BCom Accounting and Finance are typically employed in areas such as educational institutions, banks, stock exchanges, excise departments, and auditing offices, and can work as Business Analysts, Money Managers, Risk Analysts, Senior Accountants, Market Analysts, Financial Analysts, cashier/Tellers, Executive Assistants, and Investment Bankers, among other positions.

BCom Accounting and Finance Course Highlights

The Accounting and Finance course allows you to stretch your mathematical skills while applying technical knowledge to real-world business scenarios. The following are some of the most important aspects of the BCom Accounting and Finance course:

CourseBCom Accounting and Finance
Full formBachelor of Commerce in Accounting and Finance
Duration3 years
Eligibility10+2
LevelUndergraduate
Average tuition feeINR 2000 to 4 Lakhs
Admission ProcessEntrance and Merit-Based Followed by Interview
Average salaryINR 1 to 10 Lakhs
Top recruiting companiesEY, KPMG, Deloitte, PWC, Deloitte, Accenture, Oracle, Gartner, SBI, NABARD, PNB, CBI, etc.

BCom Accounting and Finance: What is it About?

Here is a description of the BCom Accounting and Finance course, including all a student needs to know about it. It offers information about the topics covered in this course, what you’ll learn, and what skills you’ll gain as a result of taking it:

  • Money, business, and management are all subjects covered in accounting and finance, with a focus on professional jobs in these fields.
  • Accounting is concerned with the study of data for many areas of a business, but finance is unquestionably concerned with a business’s monetary fund.
  • Accounting and finance degrees teach you about accounting procedures, business, industry, and finance.
  • This course will assist you in developing a variety of subject-specific and technical skills, as well as more general skills such as mathematics and quantitative abilities, oral and writing communication abilities, entrepreneurship, the capacity to argue and negotiate, and so on.

Why Opt for BCom Accounting and Finance?

If you appreciate math and want to apply it to business, whether it’s management, company law, or economics, accounting and finance can be a good fit.

  • Opportunities for employment: The programme prepares students for work in a variety of industries and areas. BCom Accounting and finance graduates are mostly hired in the investment management and Banking and Financial Service Industry (BFSI) sectors, which are estimated to employ over 8.4 million people in the next 8-10 years.
  • a good wage: According to the payscale website, BCom accounting and finance graduates can expect to earn INR 492,424 per year. They are also expected to earn other benefits such as bonuses, TA, DA, provident funds, and retirement benefits.
  • As previously said, the course prepares students to work in a variety of industries. Every industry requires someone to crunch statistics.
  • Opportunities abroad and cultural exchanges can help you gain a better grasp of the global economy while also learning about a new culture and improving your language skills.
  • Accounting and finance play a crucial role at the heart of any business. It is impossible to operate in the public and private sectors, including non-profit organisations, without operational funds.
  • Companies of all shapes and sizes are now being investigated for their financial operations. As a result, qualified and capable accounting experts are in high demand.

Who Should do BCom Accounting and Finance?

  • Candidates who want to work in the financial sector of the economy should enrol in the programme.
  • Those interested in pursuing a career as an audit manager should enrol in the programme.
  • Candidates who desire to work as financial managers can also enrol in this programme.
  • Candidates who want to work in the banking and financial services industry should enrol in the programme.
  • Candidates interested in working in investment management or pursuing a career as an investment banker should enrol in the course.

BCom Accounting and Finance Admission Process

Admission to the BCom in Accounting and Finance is based on merit or a competitive entrance exam. Every year, the admissions procedure takes place between the months of May and June. However, due to the Covid 19 pandemic, it has been postponed this year. The admissions process, on the other hand, is likely to begin as soon as the national and state boards release their final results.

BCom Accounting and Finance Eligibility Criteria

The aspirant should concentrate on the eligibility requirements of the college to which they wish to apply. The essential eligibility criteria for admission to the BCom Accounting and Finance course are listed below, and they may vary between colleges and universities.

  • Completion of a commerce-related 10+2 or similar exam.
  • Candidates should get a minimum score of 55 per cent.
  • The candidate must meet the minimal cut-off requirements of the college to which you apply for admission.
  • Each university’s minimal cut-off marks requirements may differ, as they are determined by the university’s own admission rules for that year.
  • Some colleges require candidates to pass an admission exam; the candidate must pass that particular entrance exam.

BCom Accounting and Finance Admission 2022

Admission to the BCom Accounting and Finance programme is based on merit or an entrance exam, with counselling afterwards. Aspirants should concentrate on the following procedures when applying for admission to the BCom Accounting and Finance programme:

  • Candidates can submit their applications either online or offline.
  • Candidates must register on the official website of the college or university to which they wish to apply. They must complete the application for admission.
  • Candidates must submit the application form before the deadlines, after filling out all required information.
  • They must next upload the needed documents and pay for the application form.
  • The candidates should then print the application form for future reference.
  • Take the entrance exam and do well on it.
  • If they are qualified, they must attend the counselling round.
  • At the time of admission, candidates must have their documentation with them.
  • During the admissions process, all students must bring their credentials (both original and copy).
  • On the basis of merit and a personal interview, several universities provide direct admission to the programme.

BCom Accounting and Finance Entrance Exams

Here is complete information about each entrance test in India held by various schools and universities to provide admission to BCom Accounting and Finance courses, including general information about the exam, eligibility criteria, crucial dates, syllabus, preparation advice, and more.

  • DU JAT – The Delhi University Joint Admissions Test (DU JAT) is an entrance exam for admission to the university’s prestigious degrees. Quantitative Aptitude, Verbal Ability, Logical Reasoning, and GK & Business Awareness are the four areas of the DU JAT admission exam. It takes place entirely online.
  • NMIMS Programs – NPAT The entrance exam for Undergraduate Degree and Integrated Degree Programs takes place after the 12th grade. The exam is held once a year, and you will have two hours to complete all of the questions.
  • The Symbiosis International University administers the Symbiosis Entrance Test (SET) once a year for admission to undergraduate programmes at the national level. You will have two hours and thirty minutes to complete all of the questions. It’s also an online exam. General English, logical reasoning, numeric skills, and general awareness are all part of the SET curriculum.
  • MHT CET – The Maharashtra common entrance test is held at the state level by the Maharashtra common entrance test. MHT CET is an online exam that takes 90 minutes to complete.
  • The Guru Gobind Singh Indraprastha University administers the IPU CET, or Indraprastha University Common Entrance Test, which is a university-level exam. It’s an online mode exam held for the admission of candidates to UG and PG level programs. And the total duration of this exam is 2 hours and 30 minutes.
Exam NameApplication DateExam DateResult Date
DU JATTo be announcedTo be announcedTo be announced
NPATTo be announcedTo be announcedTo be announced
SETTo be announcedTo be announcedTo be announced
MHT CETTo be announcedTo be announcedTo be announced
IPU CETTo be announcedTo be announcedTo be announced

How to Prepare for The BCom Accounting and Finance Entrance Exam?

There are a few things that a candidate should keep in mind while studying for the entrance exam for the BCom Accounting and Finance programme, and if they follow these recommendations to the letter, they will be able to pass the entrance exam on their first attempt:

  • Before you begin studying, do some research by checking through the entire curriculum and previous papers. To begin, determine how many chapters and subjects are included in the curriculum.
  • Prepare easy chapters first when preparing. Many times, people become stuck in difficult chapters that take too long to complete.
  • Quantitative aptitude, verbal ability, logical reasoning, general ability, and current affairs will be included in the current entrance examination.
  • Make sure to get yourself some of the best BCom Accounting and Finance entrance exam study materials. These books will also ensure optimum preparations.

How to Get Admission to A Good BCom Accounting and Finance College?

Every student aspires to be admitted to the finest institution; but, in order to be admitted to the best college for BCom Accounting and Finance, you must keep a few key criteria in mind. So, here are some pointers on how to get into the college of your dreams:

There are two key grounds or pillars in the admissions process to premier universities.

  • The pillar Eligibility Criteria is one of them, and the pillar Entrance Exam is the other.
  • Your post-graduation or graduation percentage should meet the university’s eligibility requirements.
  • Keep up to current with application deadlines by checking websites, newspapers, and periodicals.
  • To improve your time management skills during admission exams, practise prior year’s papers.
  • You should have the ability to study a topic in-depth and so candidates need to possess the required skill-set and dedication along with being extremely hard working while pursuing this course.

BCom Finance and Accounting Distance Learning

BCom Accounting and Finance distance education is available from a number of universities in India. This course is offered through distance learning by reputable open universities such as Bangalore University, Acharya Nagarjuna University, Chandigarh University, and others.

Distance learning prices for BCom Accounting and Finance range from INR 2000 to 50,000 per year on average.

Students can apply for admissions either online or offline; whether the college’s admissions procedure is online or offline depends on the college.

College NameDurationAverage FeesAverage Salary
Bharathiar University, Coimbatore3 yearsINR 5,417INR 2.5 LPA
Bangalore University, Bangalore3 yearsINR 4,700INR 2.9 LPA
Karnataka State Open University, Mysore3 yearsINR 5,450INR 1.6 LPA
Chandigarh University, Chandigarh3 yearsINR 20,400INR 1.74 LPA
Acharya Nagarjuna University, Guntur3 yearsINR 4,320INR 1.08 LPA

BCom Accounting and Finance Syllabus

The detailed syllabus of the BCom Accounting and Finance programme that you will study during the course is listed in the table below, year by year, and the syllabus covered in the subject may vary depending on the university you choose:

Year 1Year 2Year 3
Financial accountingCorporate accountingBusiness finance
Business organizationBusiness statisticsAuditing
Business economicsCommercial lawIncome tax
Banking theoryCost accounting
Business environmentAccounting for managerial decisions
Environmental studies

Course Comparison: BCom vs BCom Finance and Accounting

Despite the fact that both BCom and BCom Finance and Accounting are core commerce courses, the former emphasises the accounting and finance portion of the course while the latter emphasises the whole course overview.

Both are better in their own ways, however, if you want to pursue a BCom or a BCom in Accounting and Finance, both provide a wide range of employment opportunities, so the course you choose is solely depending on your professional objectives.

ParametersBComBCom Accounting and Finance
OverviewBCom is a general programme that teaches students and overviews aspects of the subjects.Focuses on the accounting and financial aspects of management and business.
SpecializationFinance, Marketing, Accounts, Human resource management, Banking & Insurance, Taxation law, Financial market, Investment management, etc.Financial management, Corporate finance or Transaction services, Auditing, Not for profit accounting, Business assurance services, etc.
Eligibility10+2 with commerce stream with maths and English as core subjects from a recognized board.10+2 or equivalent level of education in the commerce stream with accounts, math & economics as main subjects.
Admission processEntrance & merit-basedCounselling after taking the entrance examination
Average annual feesINR 20,000 to INR 50,000 annuallyINR 2,000 to INR 4 Lakhs
Job rolesBank PO, Accountant, Event Manager, Lecturer, Chartered Accountant, Human Resource Development, etc.Risk Analyst, Senior Accountant, Market Analyst, Financial Analyst, cashier/Teller, Executive Assistant, Investment Banker, etc.
Average annual salaryINR 4.44-INR 7 LakhsINR 1 LPA to INR 10 LPA

Top BCom Accounting and Finance Colleges in India

The table below lists some of the top universities that offer BCom Accounting and Finance. The chart also includes information on the admissions procedure, annual average fees, average annual package, placements, and NIRF 2020 rankings for these universities.

NIRF Ranking 2020CollegeCourse Fee StructureAverage Starting Salary
57Narsee Monjee College of Commerce & Economics, MumbaiINR 4,941INR 4 LPA
99Lovely Professional University, PunjabINR 9,52,000INR 5 LPA
101Jain University, BangaloreINR 1,20,000INR 4.5 LPA
151-200Christ University, BangaloreINR 75,000INR 6.85 LPA
151-200Pandit Deendayal Petroleum University, Gandhi NagarINR 2,49,000INR 7.02 LPA
_Stella Maris College, ChennaiINR 29,645INR 4.2 LPA
_Ethiraj College for Women, ChennaiINR 76,000INR 3 LPA
_Chandigarh University, ChandigarhINR 96,000INR 6 LPA
_NIMS University, RajasthanINR 12,000INR 4 LPA
_St. Andrew’s College of Arts Science & Commerce, MumbaiINR 18,087INR 5-10 LPA

BCom Accounting and Finance Colleges in Mumbai

The prominent BCom Accounting and Finance Colleges in Mumbai are listed here.

College Names Fees
Narsee Monjee College of Commerce and EconomicsINR 35,500
HR College Of Commerce And Economics, MumbaiINR 18,162
Mithibai College of ArtsINR 35,000
Kishinchand Chellaram CollegeINR 9,535
Mulund College of CommerceINR 18,850
Kelkar Education Trust’s V.G. Vaze College Of Arts Science And Commerce, MumbaiINR 19,366
Jai Hind CollegeINR 5,330

BCom Accounting and Finance Colleges in Chennai

The prominent BCom Accounting and Finance Colleges in Chennai are listed below.

College Names Fees
Loyola College, ChennaiINR 12,650
Stella Maris CollegeINR 19,645
Ethiraj College for Women INR 76,000
Women’s Christian College INR 79,004
SRM Institute of Science and TechnologyINR 70,000
B.S. Abdur Rahman Crescent Institute of Science & TechnologyINR 80,000
Mohamed Sathak College of Arts and Science INR 40,000

BCom Accounting and Finance Colleges in Kolkata

The prominent BCom Accounting and Finance Colleges in Kolkata are listed here.

College Names Fees
Jogesh Chandra Chaudhuri CollegeINR 5,345
Bangabasi CollegeINR 5,020
Charuchandra CollegeINR 5,350
Netaji Nagar Day College, KolkataINR 5,650 
Jogamaya Devi CollegeINR 13,040

BCom Accounting and Finance Colleges in Coimbatore

The prominent BCom Accounting and Finance Colleges in Coimbatore are listed below.

College Names Fees
Sri Krishna Arts and Science College
Sri Ramakrishna College of Arts and ScienceINR 62,000
PSG College of Arts and ScienceINR 56,850
PSGR Krishnammal College For WomenINR 1,411
Hindusthan College of Arts and Science INR 42,000
Rathinam Arts and Science CollegeINR 42,000

BCom Accounting and Finance College Comparison

We’ve analysed the top BCom Accounting and Finance universities based on NIRF rankings and other important factors that each applicant should consider. These three colleges were chosen since they are among India’s most prestigious and well-known institutions with low tuition fees.

ParameterStella Maris CollegeLovely Professional UniversityChandigarh University
OverviewIt is an autonomous college affiliated with the University of Madras and is partly residential. It is one of the best women’s colleges in the Country. They don’t just create graduates but they create the best women to build a better society.The university offers several undergraduate, post graduate and doctoral programs. Scholarships are awarded to aspirants who perform excellently in various fields.Chandigarh University is a UGC approved private university established in the year 2012 by an act of the Punjab State Legislature. Since its inception, it has achieved several milestones and is ranked as one of the top private universities in India. Chandigarh University admission to all the UG and PG courses is based on a candidate’s performance in the University-conducted entrance exam called CUCET.
NIRF 2020 ranking139951
LocationChennai, Tamil NaduJalandhar, PunjabChandigarh
Admission processEntrance basedEntrance exam followed by an interviewEntrance based
Average annual feesINR 29,645INR 9,52,000INR 96,000
Average annual packageINR 2.3 LPAINR 5 LPAINR 6 LPA
Top recruitersGoldman Sachs, Wipro, Zoho, Ernst and Young, World Bank, Cognizant, KPMG, Royal Bank of Scotland, Deloitte, Google, HDFC, ICICI, Axis Bank, Kotak Mahindra Bank, Tata Consultancy Services, Amazon Corporation etc.Hewlett Packard, Amazon, Abbott, IBM, Cognizant Technology Solutions, Google and Microsoft, Microsoft, Infosys and Morgan Stanley, Adobe, Capgemini, etc.Reliance Industries, Godrej, SanMar Group, Jindal Steel, Asahi Glass, Tata Power, Tata Technologies, Schindler, Capgemini, IBM, HDFC, Microsoft, Google, Amazon, KPIT, etc.

Study BCom Accounting and Finance Abroad

Before applying for BCom Accounting and Finance courses in another country, students must consider a few factors.

  • Candidates must have completed their 12th grade with a minimum of 65-70 per cent from a recognised board.
  • Candidates must present proof of English language competence examinations such as the IELTS or TOEFL.
  • Candidates are frequently asked to provide proof of their financial capability (bank statements, letters of recommendation, employment experience, medical certificates, and so on).

UK

College Name Average Fees
University of GreenwichINR 14,47,040
Teesside UniversityINR 13,43,680
University of HertfordshireINR 13,43,680
University of ManchesterINR 24,80,640
King’s College LondonINR 28,99,248

USA

College Name Average Fees
The University of Texas at AustinINR 33,23,338
The University of Texas at DallasINR 32,00,002
Arizona State UniversityINR 21,61,459
University of Southern California INR 43,40,202
The University of Illinois at ChicagoINR 21,65,560

Canada

College Name Average Fees
University of TorontoINR 35,09,374
The University of British ColumbiaINR 30,89,770
McGill UniversityINR 31,67,910
University of WaterlooINR 23,32,503
University of ManitobaINR 12,18,868

Australia

College Name Average Fees
Monash UniversityINR 25,42,950
RMIT UniversityINR 19,52,986
The University of AdelaideINR 24,29,930
University of South AustraliaINR 18,42,226

BCom Accounting and Finance Job Prospects and Salary

BCom Accounting and Finance graduates have a wide range of job options both in India and overseas. The following are some of the most prominent employment opportunities for BCom Accounting and Finance graduates in today’s market:

We’ve compiled a list of some of the most popular job options available to successful graduates of the subject, along with job descriptions and typical annual salaries for BCom Accounting and Finance grads:

JobsDescriptionAverage Salary
Personal Finance ConsultantA Personal Finance Consultant advising clients on taxes, retirement planning, investments, and insurance decisions, depending on their financial goals.INR 9,81,627
Financial AnalystThe responsibility of the Financial analysts is to track a company’s financial performance against a plan, analyse business performance and market conditions to create forecasts and help senior management make tactical and strategic decisions by providing periodic reports.INR 5,85,380
Accounts AssistantThe responsibilities of an Accounts Assistant will be reconciling finance accounts, maintaining spreadsheets, credit control, verifying calculations, working with the Accounts system, reconciliation of direct debit mandates, managing petty cash transactions etc.INR 2,48,033
Money ManagerThe responsibilities of money managers include research and finding companies, funds, and industries where the managers can find investments, choose and advise bonds, stocks, currencies, and other investment commodities for funds, develop investment strategies for individuals and companies and analyze past and present financial data, strategy, policy, management of the companies, examine industry trends and economic factors such as inflation, unemployment rates, etc.INR 7,62,187
Senior AccountantA Senior Accountant is responsible for maintaining records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization, investigating budget and variance issues, analysing financial data and preparing budget forecasts, and maintaining a general ledger as needed.INR 3,55,696

Scope of BCom Accounting and Finance

The scope of BCom Accounting and Finance is extremely broad, and applicants who complete the course will have access to a plethora of excellent prospects in a variety of disciplines all over the world. Other options after this course include: pursuing more academic courses such as MCom, MBA, CA, and so on.

  • It is impossible to operate without operational finances in both the public and private sectors, including non-profit organisations, so this topic has a lot of potentials.
  • A career in professional accounting and finance can be extremely exciting and rewarding, but it requires a strong educational foundation.
  • Accountancy and finance specialists are essential to any organisation that relies on money to survive. As a result, qualified and capable accountants and financial professionals are in extremely high demand in practically every modern industry.
  • A career in accounting can be extremely exciting and rewarding, but it requires a strong educational foundation.
  • Those who operate as self-employed accountants have complete flexibility and control over their working hours and routines.

BCom Accounting and Finance FAQs

Q1. What can I do after BCOM Accounting and Finance?

Ans. MBA, chartered accountancy, company secretary, master of commerce, chartered financial analyst, business accounting and taxes, certified management accountant, certified public accountant in the United States, financial risk manager, and so on.

Q2. What are the professional course options thereafter BCom Accounting and Finance other than MBA?

Ans. You can choose from a variety of courses, including a postgraduate diploma in banking (PGDB), which is ideal for gaining practical knowledge of the banking sector, a specialised master’s degree in accounting and finance, and many more.

Q3. What are the professional course options thereafter BCom Accounting and Finance other than MBA?

Ans. You can choose from a variety of courses, including a postgraduate diploma in banking (PGDB), which is ideal for gaining practical knowledge of the banking sector, a specialised master’s degree in accounting and finance, and many more.

Q4. Is BCom accounting and finance useful for a CA?

Ans. Yes, BCOM accounting and finance is useful for a CA, and any student interested in becoming a CA in the future should take this course.

Q5. How successful is the BCom accounting and finance course at Christ University?

Ans. The BCom accounting and finance degree programme provide a solid foundation for further study in these fields.

Q6. What are the better differences between BCom honours and BCom accounting and finance?

Ans. Both courses are superior in their own right, but if you choose to pursue BCom honours or BCom accounting and finance, you will have a wide range of job options.

Q7. What extra courses can I do while studying BCom specialization in accounting and finance?

Ans. CS, CA, advanced diploma in business studies, cost and work accountant course, diploma in advance accounting, diploma in advance cost accounting, and other courses can be taken in conjunction with a BCom accounting and finance degree.

Q8. How can BCom accounting and finance course students earn money while studying?

Ans. You can start generating open educational content to offer commerce courses to millions of knowledge seekers and effect global change.

Q9. Being a fresher graduate in BCom accounting and finance, what should I prepare for an interview in the accounting process?

Ans. Basic accounting principles, such as general entries, the nature of accounts, and the most essential accounting rules, must be understood.

Q10. How to increase the value of my BCom degree in accounting and finance?

Ans. Over a BCom Accounting and Finance degree, add a professional certification and start working in top consulting businesses.