Commerce Courses : Fees, Admission Procedure 2025, Entrance Exam Accepted & Placements
Kundan Mishra
|
16 Aug 2017
What are commerce courses?
As globalisation is impacting commercial activities around the world, commerce courses have come to the rescue of those who want to better understand this change and its impact. Also, pursuing commerce courses offer an entry to the corporate world.
Associated with buying, selling, or exchanging goods in general, studying commerce courses involve large-scale analysis of trade, business transactions related to purchasing, production, distribution, and financial management. Moreover, it helps to develop the understanding of fundamentals of business, accounting and barriers of trade and taxation policies.
Some of the popular commerce courses at the undergraduate and postgraduate levels include:
1. B.Com (General & Hons)
2. B. Com (Accountancy)
3. B. Com (Accounting and Finance)
4. B. Com (Applied Economics)
5. M.Com (Accountancy and Business Statistics)
6. M. Com (Accountancy)
7. M. Com (Accounting and Finance)
At UG Level:
Job Prospects
A student who has graduated from a commerce course can work in BPOs, IT firms, software companies, recruitment and staffing organizations, banking sector, infrastructure companies and government organisations. Also, commerce graduates can serve on the posts of junior accountant, process associate, account assistant, budget analyst, junior bank officer, insurance associate and commerce lecturer among others. One can also find job opportunities as Senior Analyst, Market Analyst, Investment Banker, Equity Research Analyst, Operations Manager, Executive Assistant, business analyst. This is not all; one can land jobs at the overseas firm as well and could get the opportunity to work out there too. Commerce sector has never stopped booming and with rising in entrepreneurship,
At PG Level:
Job Prospects
Pass outs of postgraduate commerce courses can work in different market segments, including banking, insurance, and investment, as well as the automobile and manufacturing sectors. Also, they can serve the taxation departments under the Government of India. Further, commerce postgraduates can work as a finance and accounts executive, financial analyst, credit analyst, auditor, stock broker, CPA, CA, bank manager and lecturer depending upon their specialisation and interest.
Skill Sets Required
Those going for commerce courses must possess or acquire the following attributes during the course of the program:
- Good communication skills
- Proficiency in computing numerical data
- Logical reasoning
- Organizational skills
- Intensive mathematical skills
- Peer Learning
- Negotiation skills
At the Undergraduate Level
Eligibility Criteria
|
Course |
Eligibility |
|
Bachelor of Commerce (B Com) and Bachelor of Commerce Honours [B Com (Hons)] |
Students who have passed Class 12 with Mathematics and English as compulsory subjects |
|
Master of Commerce (M.Com)
|
Students who have graduated or in the final year of their under-graduation can apply |
Admission Process
There is no entrance test for students willing to enrol into a B Com program. Students interested for B Com can apply directly to colleges and are given admission based on the marks attained in the grade 12 examination.
Entrance tests at the national/ state/ university level are conducted for admission to the professional commerce courses like B.Com and M. Com, based on the rank/ score secured in the entrance exam, students are granted seats in the respective courses.
Examination
Let us have a look at a few of the common entrance tests conducted by various universities for commerce courses like M. Com.
1. DU Joint Admissions Test (DU-JAT): DU JAT is a joint common entrance test conducted for students to gain admission to Delhi University colleges that offer B.Com courses. The duration of the exam is 2 hours and it features objective questions. Information regarding the fees and exam date can be found on the website - www.du.ac.in.
2. Symbiosis Entrance Test (SET): Students who would like to take admission to B.Com with the Symbiosis International University can appear in the SET exam. More information related to SET can be found here - Symbiosis Entrance Test
The admission to commerce courses offered by Symbiosis is given on the basis of the merit list prepared by the Institute. SET is designed to test the level of knowledge students have in English, general aptitude, logical reasoning and quantitative thinking.
3. Manipal University Online Entrance Test (MU-OET): MU-OET is an online test conducted by the Manipal University for students seeking admission to undergraduate commerce courses. Students who want to enrol for a B.Com program can appear in the entrance test. Follow the link below to get detailed information about MU OET - Manipal University Online Entrance Test
Below mentioned are a few institutes that conduct common entrance tests at their own level for admission to commerce courses such as B.Com and M.Com.
- Narsee Monjee Institute of Management Studies, Mumbai
- Pune University, Pune
- Kalinga University, Raipur, Chhattisgarh
- St Xavier’s College, Mumbai
- Ramanujan College New Delhi
- Deen Dayal Upadhyay College, New Delhi
- PES University, Bangalore
- Christ University, Bangalore
Also, some colleges prefer candidates who get through the entrance exam, to appear for group discussion and personal interview rounds.
Duration and Fee Structure
|
Course/ Delivery Type |
Duration (Years) |
Fee Structure (INR) |
|
Bachelor of Commerce (B Com) - Full-time |
3 |
1-3 Lacs |
|
Bachelor of Commerce Honours [B Com (Hons)] - Full-time |
4 |
1-3 Lacs |
|
B. Com (Accountancy) |
3 |
1-3 Lacs |
|
B. Com (Accounting and Finance) |
3 |
1-3 Lacs |
|
M.Com (Accounting) |
2 |
1-3 Lacs |
|
M.Com (Accounting and Finance) |
2 |
1-3 Lacs |
|
M. Com (Accountancy) |
2 |
1-3 Lacs |
Students, who are unable to dedicate time to regular UG commerce courses, can enrol themselves to a B Com program through the distance education mode as well. The University of Mumbai, Karnataka State Open University, Alagappa University, Delhi University Distance Education and IGNOU are a few well-known institutions that offer distance-learning programs for the commerce courses. Also, there are evening colleges affiliated to reputable universities that allow students to continue their degree education. Further, BBA and B Com students who are working on a part-time basis can attend the evening classes.
At the Undergraduate Level
Eligibility Criteria
Students who have graduated from Commerce courses with a minimum of 50 percent or above score are eligible to apply for M Com programs.
Admission Process
Though many institutes require candidates to appear for an entrance exam, some institutions give direct admission based on the marks scored in the Bachelor’s degree in commerce.
Examination
There are a few institutes, which conduct a CET for admission to M Com commerce courses.
- Panjab University - PU CET (PG): The Panjab University, Chandigarh, requires candidates to appear in the CET exam if they want to enrol into the M Com (Business Economics) course. Interested candidates can check for additional information regarding CET on its official website - www.puchd.ac.in
- Calcutta University: The Calcutta University conducts CET for admission to M Com courses. The information about the CET can be found on its website - www.caluniv.ac.in
- Graduate Management Admission Test (GMAT): Aspirants can secure seats in more than 100 top institutes across India with their GMAT scores. Colleges which accept GMAT scores, include IIM Ahmedabad, ISB Hyderabad & Mohali, IIM Bangalore, XLRI Jamshedpur, Dept. Of Management BITS Pilani, and IIFT Delhi & Kolkata among others.
These CETs majorly feature objective type questions based on the logical reasoning, quantitative aptitude, general knowledge and English at the undergraduate level.
Once results of the CET are published, students may be called for a group discussion or a personal interview.
Duration, Delivery Type and Fee Structure
|
Course/Delivery Type |
Duration (Years) |
Fee Structure (INR) |
|
Master of Commerce (M Com) - Full-time |
2 |
1-2 Lacs |
