B.Com - Economics

Overview:

A Bachelor of Commerce (B.Com) in Economics is a three-year undergraduate degree program in India that teaches students about Economic Theories, Ideas, and Analytical Tools.

The course covers a range of topics, including Microeconomics, Macroeconomics, Econometrics, Economic Policy, International Economics, Legal Studies, Money & Banking, Global Finance, Economic History, International Trade, Collective Decisions and Developmental Economics.

Some universities offer a B.Com (Hons) in Economics, which is more specialized and in-depth than a B.Com General course. B.Com (Hons) courses often require students to undertake advanced coursework and research in their chosen specialization.

Graduates can pursue a variety of careers after completing B.Com in Economics, including: Accounting, Finance, Banking, Business Management, and Marketing.

The job scope for the graduated aspirants is Business Analyst, Financial Analyst, Investment, Financial Director, Business Risk Advisor, Health Economics Modeling Analyst, Finance Business Development Executive, Analytics Manager, etc.

Some Highlights of B.Com  Economics:

Top Colleges Offering B.Com Economics In India:

• Narsee Monjee College of Commerce and Economics, Mumbai
  
• Symbiosis College of Arts and Commerce, Pune
  
• SAGE University, Indore
  
• MIT Art, Design and Technology University, Pune
  
• Parul University, Vadodara
  
• Thapar Institute of Engineering and Technology, Patiala
  
• ICFAI University, Gangtok
  
• MIT College of Management, Pune
  
• Goswami Ganesh Dutta Sanatan Dharma College, Chandigarh
  

Why Choose B.Com  Economics:

A B.Com in Economics is a great choice for students interested in pursuing careers in Finance, Banking, Accounting, and other related fields. Here are the key reasons why this degree can be a valuable path for your career:

• Diverse Career Opportunities: A B.Com Economics degree opens up a wide range of career paths, including roles in Finance (Financial Analyst, Investment Analyst), Banking (Relationship Manager, Loan Officer), Accounting (Accountant, Auditor), Marketing (Market Research Analyst, Digital Marketing), Human Resources (HR Consultant), Entrepreneurship (Business Owner / Entrepreneur).  The versatility of this degree allows students to explore various sectors and industries.
• Core Skills in Economics, Finance, and Accounting: The course provides foundational knowledge in Accounting, Finance, and Management, especially relevant for the Finance and Banking sectors.  You can gain analytical skills that help in understanding Economic Trends, Financial Reports, and Business Operations.
• Preparation for Professional Qualifications: This degree acts as a solid foundation for pursuing professional certifications such as CFA (Chartered Financial Analyst), CA (Chartered Accountant), or CMA (Certified Management Accountant). Such qualifications further enhance career prospects and earning potential in the finance and accounting sectors.
• Critical Thinking and Problem-Solving: The program encourages critical thinking about complex economic concepts like Resource Allocation, Market Behavior, Economic Policies, and Global Economic Trends. This equips students with the problem-solving skills needed in Finance, Business Analysis, and Strategic Decision-Making.
• Global Economic Understanding: Students gain an understanding of the global economic systems, which opens up opportunities for international careers. Graduates can explore roles in international finance, global market analysis, or multinational corporations.
• Strong Foundation for Higher Studies: A B.Com Economics degree is a great stepping stone for higher studies in fields such as Economics, Business Administration, or Law.  This provides students with the opportunity to advance their education and specialize in areas of interest.
• High Demand for Economists and Analysts: Economists and financial analysts are in high demand due to their ability to provide insights into Market Trends, Economic Policies, and Business Forecasting.  Graduates can contribute significantly to sectors like Banking, Financial Services, Corporate Strategy, and Government Planning.
• Career Advancement: With the growing complexity of financial systems and global markets, the demand for skilled Economists andAanalysts is steadily increasing.  Graduates can expect competitive salaries and opportunities for career growth in both domestic and international markets.

A B.Com in Economics is a smart choice for students who wish to build a career in finance, banking, accounting, or business management. The program provides a strong academic foundation, develops versatile skills in Economics, Finance, and Accounting, and opens doors to higher education and professional qualifications. It also offers global career prospects in an increasingly interconnected economic world.

Admission Procedure For B.Com  Economics:

The admission process for a B.Com in Economics course in India is either merit based of entrance exam based and typically involves the following steps:

Students must have completed Class 12 in the Commerce stream with some compulsory subjects like Accountancy, Business Studies, Mathematics/optional subjects, and Economics.

Students can fill out the application form online or offline from the university/college website.

Some colleges may require students to appear for an entrance exam. Some entrance exams for B.Com programs include the CUET, IPU CET, NPAT, SAT, BHU UET, AIMA UGAT, and AMU Entrance Exam.

For merit-based admission, the list is released based on the 12th-grade marks.

Some universities may conduct counseling or an interview round for final selection.

Eligibilty For B.Com  Economics:

• Admission for the B.Com in Economics course requires aspirants to complete class 10+2 or pass examinations from any recognized school or board.
• A college seeks a minimum of 50% aggregate marks as their criteria of scoring marks to qualify for the B.Com Economics course entrance exam.
• Age plays a vital role in the admission process as the required age is between 17 - 25 years.

Career Opportunities for B.Com Economics:

B.Com Economics job opportunities for the graduated aspirants are evolving the curve in India with job availability in both public and private sectors. Upon graduation, students majoring in B.Com Economics can pursue careers In Accounting, Finance, Banking, Business Management, Stock Market, Insurance, Auditing, Financial Companies, Account Management, Marketing, and related fields. They are well-suited for roles in Corporate Finance, Auditing, and General Business Management

The average B.Com Economics jobs salary for the graduated aspirants depends on skill and experience. The average starting salary for the graduates is INR 3 - 7 LPA, and the experienced and skilled aspirants get between INR 5 - 12 LPA.

Jobs Opportunities After B.Com  Economics:

• Deputy Director
  
• Senior Economist
  
• Indian Economic Service
  
• Senior Officer
  
• Financial Analyst
  
• Financial Director
  
• Business Analyst
  
• Investment Banker
  
• Finance Business Development
  

Top Recruiters of B.Com  Economics:

• Expedia
  
• Netflix
  
• Microsoft
  
• Pandora
  
• Uber
  
• amazon
  
• Nokia
  
• Wipro
  
• Accenture
  
• TCS
  
• IBM
  

Syllabus For B.Com  Economics:

Semester I

Financial Accounting
Business Environment
Principles of Management
Business Mathematics
Business Communication
Indian Financial System

Semester II

Business Statistics
Principles of Finance
Business Law
Office Management
Regional Language
Modern Indian Language

Semester III

Corporate Accounting
Financial Management
Working Capital Management
Financial Services
Business Regulatory Framework
Business Ethics

Semester VI

Advanced Financial Accounting
Corporate Law
Marketing Management
Financial Analysis and Business Valuation
Environmental Studies
Elective Subject

Semester V

Management Accounting
Income Tax Law and Practice
Portfolio Management
Capital Markets
Financial Planning and Forecasting
Elective Subject

Semester VI

Auditing
Advanced Cost Accounting
Financial Market and Institutions
Research Project
Extension Activities
Elective Subject