Have you completed your 12th standard in the commerce stream? Then, you might be looking to pursue a bachelor’s degree to lay the foundation for a successful career.
Currently, the two most popular courses in commerce are BCom and BBA. Like many other students, you too might want to choose either of the two courses. We understand that deciding on a specialisation between the two can get overwhelming.
So, to help you out, here are some detailed insights on both courses.
BCom stands for Bachelor of Commerce. It is a three-year program and it focuses on everything related to commerce. The subjects focus on finance, taxation, accounting, economics, and insurance.
The subjects are designed to develop and test a student’s communication, analytical, and problem-solving capabilities with finance-related tasks. It is a largely theoretical-based course and focuses on numbers.
Students can pursue specialised BCom programs such as BCom in accounting and finance, banking and insurance, and economics. Students can opt for a simple BCom course or a specialised one based on their preferences.
The candidate must have cleared the 12th standard in commerce to be eligible for a BCom course. They must have a minimum of 50% marks and should have Mathematics as a compulsory subject in their 12th class.
Students can get admission to universities and colleges for BCom across the country, such as the University of Mumbai, Delhi University, and JNU, based on their 12th-class marks. However, certain colleges and universities conduct entrance exams for students to acquire a seat in BCom.
BCom subjects mainly focus on finance and accounting. That being said, certain subjects also cover business administration and management topics, business mathematics, financial accounting, income tax laws, financial management, accounting, auditing, and corporate governance.
After completing BCom, students can opt for a Master’s degree in Commerce (MCom). They can also choose from other post-graduation courses like chartered accountancy, cost accounting, MBA in finance, company secretary, and certified management accountant. If not, they can start their professional career by joining an organisation as a full-time employee or an intern.
Scope After BCom
BCom offers a theoretical approach to all the necessary concepts. Students can choose from a number of options after completing their BCom. They can either opt for a master’s degree like MBA or even go for degrees like Chartered accountant (CA), company secretary (CS), financial analyst, business analyst, etc.
Given the extensive scope of managerial and entrepreneurial opportunities in various fields, it would be safe to say that students have a great opportunity to pursue jobs of their choice in the public and private sectors after completing their BCom degree.
Top BBA Colleges In India
If you have taken your pick out of the BBA vs BCom conundrum, then we suggest that you check out the list of colleges that we have put together for you.
If you plan to pursue BBA, then you can opt for any of the following colleges.
- SP Jain: The SP Jain institute of management and research (1) is situated in Mumbai and it is affiliated with some of the best colleges and organisations in the world to provide wholesome exposure to its students. SP Jain can be easily regarded as one of the best BBA colleges in the nation.
- NMIS: Narsee Monjee institute of management studies is affiliated with the University of Mumbai and was established in 1964. It is one of the best colleges to pursue a BBA in India.
- Presidency College, Bangalore: This college is founded by the Presidency group of institutions which was established in 1976. It is known that the placement cell of the college does its best to get its students placed in good companies.
- ST Xavier’s College: This is one of the most prestigious universities for BBA in Mumbai. It is one of the ten oldest colleges in India and it was founded in the year 1869. It is affiliated with the University of Mumbai and is one of the most sought-after BBA colleges in India.
BCom provides job opportunities to students across various industries as finance is an integral part of the functioning of any organisation. Some of the best roles after BCom include:
- Accounts manager
- Financial analyst
- Company Secretary
- Account executive
- Chartered accountant
- Insurance analyst
BCom graduates can earn a handsome amount even at entry-level job positions. The salary grows based on skills, knowledge, and experience, and varies from organisation to organisation.
For example, the average salary of an accounts manager ranges from 2.5 LPA to 5 LPA. Similarly, the average salary of an auditor (fresher) is 3.66 LPA.
BBA stands for Bachelor’s in Business Administration. Like BCom, it is a three-year course. This degree focuses on core concepts of business and their applications in real-world scenarios. The subjects are related to managerial skills, business operations, marketing, and other business-related expertise.
The subjects are designed to provide fundamental knowledge of the corporate world and how organisations operate daily. This course forms the foundation of MBA courses.
It is a practical-based course that lets students learn and hone managerial and leadership skills that can help them rise in their professional journey quickly and easily.
Similar to BCom, BBA also offers multiple specialisations to students. For example, students can choose a simple BBA, BBA in finance, BBA in marketing, BBA in entrepreneurship, and BBA in hospitality management, to mention a few.
To be eligible for a BBA course, the student must clear their 12th standard exam in any stream, preferably commerce. They must have scored at least 50% marks. Most institutes need students to have mathematics as a subject in class 12 to be eligible for a BBA course.
Students can get admission to some of the top universities and colleges for a BBA program. While most colleges and universities offer admission based on 12th standard marks, certain colleges consider the marks of entrance exams like SET and IPU CET.
BBA subjects mainly focus on enhancing an individual’s skills and knowledge in business management and entrepreneurship. The students will also have subjects focusing on skills and knowledge related to their chosen specialisation.
Some of the typical subjects in BBA are quantitative management techniques, information technology, business policy, business communication, human resource management, and organisational behaviour.
After completing a BBA degree, students can opt for an MBA, a postgraduate degree in management (PGDM), and a Master’s in management.
Scope After BBA
Children, who opt for commerce in school have to figure out the answer to one of the most pressing questions, which is ‘What Scope after their selected course’? BCom vs BBA is a pressing question that has managed to engulf the minds of students after they pass out their 12th grade. There is a lot of scope after BBA because this course encompasses a lot of practical as well as theoretical knowledge. The kind of exposure provided in this course is apt for students who wish to pursue an MBA or any other specialisation in the field of their choice.
Top BCom Colleges In India
If you are looking for the best BCom college in India, you can adhere to the following list.
- Shri Ram College of Commerce :
SRCC (2) is one of the best commerce colleges in the country. This prestigious college was set up in 1926 and has amazing placement as well.
- Hindu college :
This college is affiliated with the University Of Delhi. Its undergraduate programs, especially BCom, are deemed to be the best in the country.
- Loyola college :
Loyola College in Bangalore is one of the leading business schools in the country. It is a private institution and boasts some of the best business courses in the country.
Some of the best career options available for BBA graduates are:
- Human resource manager
- Sales Executive
- Business analyst
- Research Assistant
- Project manager
- Business development executive
- Assistant Manager
BBA graduates earn a decent amount right from the beginning. The salary, however, varies based on the job role, organisation, and experience.
For example, the average salary of a project manager ranges from 4.8 LPA to 26 LPA.
Both courses provide an excellent opportunity for individuals to embark on a successful professional path in various roles. Ultimately, it is up to you to decide which subjects and fields of work interest you the most. You can choose a course based on your preferences.
If you want to learn more about the various options after the 12th standard or need any other kind of guidance related to education and career, download the Seekho app and 10x your chances to achieve your career goals
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