Commerce is a field for students who have an interest in financial information/transactions, trading of economic value, etc. Students often consider taking up Commerce after completing Class 12. Students who are looking forward to pursuing a career in Commerce have a wide range of choices before them.
Candidates can pursue the Commerce course at the undergraduate [UG], postgraduate [PG], diploma levels as well as at the doctoral level. UG level Commerce courses offered to aspirants include BCom, BBA, CA, CS, BBA LLB, BBM, BSc, etc. At the PG level, popular Commerce programs are MCom, MBA, MPhil, MSc, etc. Generally speaking, UG courses in Commerce are of three years duration whereas PG programmes are of two years duration.
Among the Commerce courses, students can consider choosing specialisations such as Accounting and Finance, Banking and Finance, Accounting and Taxation, Actuarial Science, Business Administration, Applied Economics, E-Commerce, Financial Accounting, Banking and Insurance, Human Resources, Entrepreneurship, Accounting and Auditing, etc.
Commerce Eligibility Criteria
Check out the eligibility criteria for pursuing Commerce below:
Graduation:
Candidates can pursue a UG degree in Commerce if they have completed their Class 12 or its equivalent level of education in the relevant stream from a recognised board
Candidates who have studied subjects such as Accounts, Mathematics and Economics, etc. are also eligible to apply
- Candidates in Class 12 and awaiting the results can also apply
Post-Graduation:
To secure admission in the PG level Commerce course, candidates should have completed their graduation degree in Commerce stream from a recognised college/university
Students must have secured a minimum of 50% aggregate or equivalent in graduation [it may vary from college to college]
Top Commerce Entrance Exams
Given below is the list of top Commerce entrance exams scores that are valid for admission to various institutes and universities:
Check Out: List of all Commerce exams
Commerce Courses
Students can pursue Commerce courses at UG, PG and Ph.D. levels. The regular Bachelors and Masters degree courses are available full-time as well as part-time. Certificate courses such as CA, CS, CFA are available in part-time mode and are very popular Commerce courses in India.
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Commerce: Skillsets Required
Candidates who want to make a mark in the field of Commerce should be a quick thinker and good with numbers. Some key skills that an individual should possess so as to be successful in the Commerce industry are:
| Quick Thinker | Numeracy skills |
| Good Communication skills | Problem-solving ability |
| Leadership skills | Critical and analytical thinking |
| Confidence | Multi-tasking |
| Adaptability | Committed |
| Time management | Strong negotiation skills |
Commerce Subjects and Syllabus
Check out the Commerce syllabus for graduation and post-graduation programmes in the tables below:
Commerce UG Course Syllabus
Refer to the table below to know the Commerce syllabus at the graduation level:
BCom | Financial Accounting Business Organization and Management Language: English/Hindi/Modern Indian Language Generic elective courses like Macro-economics, Foreign exchange markets, etc. Company Law Indirect Tax Laws Auditing and Corporate Governance Fundamentals of Financial Management |
BCom in Finance and Accountancy | Financial Accounting Business Law Business Economics Language: English/Hindi/Modern Indian Language Business Management Human Resource Management Management Accounting Principles of Macroeconomics Organizational Behavior IT in Business Financial Management Income Tax Corporate Law Auditing Strategic Cost Management Indirect Taxation Strategic Management, Ethics and Corporate Governance International Taxation and Transfer Pricing |
BCom [H] | Environmental Studies Financial Accounting Business Laws Business Communication [Language] Corporate Accounting Corporate Laws Human Resource Management Income Tax Law and Practice Management Principles and Applications Cost Accounting Business Mathematics Computer Applications in Business Principles of Marketing Fundamentals of Financial Management Auditing and Corporate Governance Indirect Tax Laws |
BBA | Introduction to Business Studies Business Accounting Principles of Microeconomics Business Communication Business Mathematics Business Entrepreneurship Elements of IT Organizational Behavior Management Accounting Macroeconomic Theory Corporate Governance and Ethics Human Resource Management Business Statistics Fundamentals of Marketing Integrated Disaster Management Operations Research Business Laws Foreign Language Liberal Arts Fundamentals of Quality Management Research Methodology Basics of Management Information Systems |
BCom in Banking and Insurance | Auditing Business Communication Business Ethics and Corporate Governance Business Statistics Business Tax Procedures and Management Central Banking Corporate Laws and Law Governing Capital Markets Cost Accounting of Banking and Insurance Customer Relationship Management Equity Debt Entrepreneurship Management Environmental Studies Financial Accounting Financial Management Financial Services Management Forex Management Human Resource Management Innovations in Banking and Insurance International Banking Finance International Business Introduction to Computers and IT Management Accounting Organizational Behavior Quantitative Methods Strategic Management Universal Banking |
BCom in Accounting and Taxation | Financial Accounting Cost Accounting Business Mathematics Law of Contract Microeconomics E-Commerce Business Statistics Corporate Accounting Business Law Operations Research Income Tax Law and Practices Business Organization Corporate Law Financial Management Advanced Business Statistics Advanced Accounting Business Management Auditing Retail Management Macroeconomics Indirect Tax Laws Tax Planning Management Accounting Monetary Economics Business Economics |
BA in Business Economics | Economics of Firm Strategy Economics of Money and Banking Managerial Economics Basic Financial Accounting Entrepreneurial Development Statistics for Business Analysis Marketing Macroeconomics Fiscal Economics International Economics Indian Economy and Economic Reforms Human Resource Development Financial Markets |
Commerce PG Course Syllabus
The syllabus for PG level Commerce courses is mentioned below:
MCom [Master of Commerce] | Business Statistics Managerial Economics Managerial Accounting Financial Planning Organizational Theory and Behavior Quantitative Techniques for Business Financial Management and Policy Marketing Management Legal Aspects of Business International Business Global Strategic Management Entrepreneurship Corporate Governance, Ethics and Social Responsibility of Business Business Research |
MA [Hons] in Economics | Economic History of India Principles of Economics Mathematics for Economic Analysis Sociology English Indian Economy Since Independence: Problems and Prospects Micro Economics Development Economics Accounting and Financial Management Statistics for Economic Analysis Data Base of the India Economy and Computer Analysis of Data Macro Economics Economics of Agriculture Econometrics History of Economic Thought Basics of Financial Markets Economics of Industry Optimization Techniques and Game Theory Human Resource Development Economics of Public Finance Environmental Economics International Economics |
MBA | Organizational Behavior Economics Marketing Management Information Technology Quantitative Techniques in Management Business Communication Behavioral Science Foreign Business Language Human Resource Management Accounting and Finance Research Methodology Productions and Operations Management Legal Aspects of Business Company Report Business Environment and Strategic Management Management in Action Social, Economic and Ethical Issues |
MBA in Banking and Finance | Principles of Management and Organizational Behavior Managerial Economics Accounting and Finance for Managers Marketing Management Human Resource Management Quantitative Techniques for Management Research Methods for Management Corporate Communication Operations Management Financial Institutions and Services Management Control Systems Banking and Insurance Marketing Management of Banking and Insurance Companies Commercial Banking and Role of RBI Mutual Fund Management Merchant Banking Business Environment and Ethics Strategic Management |
MCom in Accounting and Finance | Accounting Theory and Standards Advanced Corporate Accounting Advanced Financial Accounting Applied Cost Accounting Business Research Methods Computerized Accounting with Tally Communicative Skills Cost Control Techniques Costing Methods Direct Taxes e-Commerce Enterprise Resource Planning Financial Accounting Financial Markets and Institutions Financial Management Financial Services Human Resource Management Indirect Taxation Insurance and Risk Management International Financial Management Investment & Portfolio Management Management Accounting Management Information Systems Management of Financial Services Managerial Finance Modern Banking Principles of Accounting Principles of Insurance Management Principles of Modern Banking Principles of Personal Finance Quantitative Techniques for Finance Security Analysis and Portfolio Management |
Top Commerce Specialisations
The students who wish to pursue Commerce as their field of study and career path have the opportunity to choose various specialisations. Check out the table below to know the Commerce specialisations offered by various Commerce colleges in India:
| Accounting and Finance | Banking and Finance |
| Banking and Insurance | Accounting and Taxation |
| Actuarial Science | Business Administration |
| Applied Economics | Financial Accounting |
| Human Resources | Entrepreneurship |
| Auditing | Investment Banking |
Top Commerce Colleges in India
Check out the table below to know the top Commerce colleges in India:
Commerce Jobs, Career Scope and Top Recruiters
If students want to make a career in the field of Commerce, there are ample career opportunities available for the students. Depending on the course selected by candidates they can pursue different job profiles. Herein some popular job profiles as per the course:
Graduates: After completing UG level course under Commerce, the candidates can find various jobs at entry or junior level in Accounting, Commerce, Banking and Finance and related fields such as Junior Accountant, HR Manager, Business Executive, Accounts Executive, Operations Management, Data Analyst, Research and Development Manager, Information Systems Manager, Project Manager, etc.
Post Graduates: After completing PG level courses under Commerce, the candidates can seek employment in the BFSI Sector, opt for teaching or lecturer-ship or go for research. There are various job options for PG degree holders of Commerce in the private, public as well as government sectors. Nationalized banks, Railways, Income Tax and other such government departments are good options who aim for a secure and prosperous career. The candidates can get the job of Senior Accountant, Cashier/Teller, Bank Manager, Marketing Manager, Investment Banker, Wealth Manager, etc.
Commerce Job Profiles
Check out the table below to know the job opportunities available for Commerce students along with the average salary in India:
| Junior Accountant | Rs 1.85 lakh |
| Business Executive | Rs 2.99 lakh |
| HR Executive | Rs 3.75 lakh |
| Accounts Executive | Rs 2.70 lakh |
| Data Analyst | Rs 4.36 lakh |
| Research and Development Manager | Rs 11.73 lakh |
| Project Manager | Rs 13 lakh |
| Wealth Manager | Rs 9.09 lakh |
| Bank Manager | Rs 7.89 lakh |
| Senior Accountant | Rs 4.06 lakh |
| Cashier | Rs 2 lakh |
| Marketing Manager | Rs 10 lakh |
| Investment Banker | Rs 9.42 lakh |
| Finance Manager | Rs 9.6 lakh |
*the salary data is taken from payscale.com
Commerce Top Recruiters
Commerce graduates have vast career options. After completing their course, aspirants can work in Accounting, Commerce, Banking and Finance and related fields. They also have an option to prepare for the appointment in the government sector as well as the public sector. Herein the recruiters that hire Commerce graduates:
SBI | Deloitte |
ICICI Bank | KPMG |
HDFC | TFC |
RBS | Tata Consultancy Services [TCS] |
Induslnd Bank | Microsoft |
Ernest and Young | HCL Technologies |
Punjab National Bank | Hewlett-Packard |
Citibank | IBM |
HSBC | Reliance |
Important FAQs Related to Commerce
Q. What are the career options after pursuing Commerce?
A. A field like Commerce offers a plethora of job opportunities. Students choosing Commerce as their field of study can opt for careers such as Business Executive, Accountant, HR Manager, Data Analyst, Marketing Manager, Investment Banker, Wealth Manager, Project Manager, Research and Development Manager, etc.
Q.What is the eligibility criteria for pursuing Commerce in my graduation?
A. Students who wish to study Commerce in graduation must have completed Class 12 or equivalent with Commerce as a subject. Students who have studied Mathematics, Economics, and accounts are also eligible to apply.
Q. Which is the best course to choose after BCom after Commerce?
Q. Are there any entrance exams that I need to give to pursue professional Commerce courses?
Q: How can I get admission to the Commerce course?
A: The Commerce admission process includes an entrance exam, Group Discussion and Personal Interview. Many colleges and universities offer admission on the basis of merit only.
Q. Which are the top companies that recruit Commerce graduates?
A. Companies such as SBI, Deloitte, KPMG, TCS, Microsoft, HCL Technologies, Hewlett- Packard, Reliance, Ernest and Young, etc are some of the top recruiters.
Q: Which are the top colleges in India which offer Commerce courses?
A: There are various colleges in the country that offer Commerce courses such as SRCC, Hindu College, MCC, Chennai, Christ University, Narsee Monjee College and Economics, etc.
Q: What is the duration of the Commerce courses?
A: Commerce courses at the UG level are of three-year duration and the Commerce courses at the PG level are of two-year duration.
Q: Will I get good placements after pursuing Commerce?
A: Yes, many Commerce colleges provide placements to its students at the end of the course. To ensure, you get a placement, check whether the college you shortlist for admission has a placement cell or not.
Q: Are there any Commerce colleges that provide online commerce courses?
A: Colleges such as Amity University, Annamalai University, MIT School of Distance of Education, Karnataka State Open University, Chandigarh University, Jain University, Periyaar University, Manipal University, etc. provide online Commerce courses.
Q: What are the specialisations that I can opt for Commerce course?
A: S tudents can consider specialisations such as Accounting and Finance, Banking and Finance, Accounting and Taxation, Actuarial Science, Business Administration, Applied Economics, etc.