B.Com - Finance

Overview:

A Bachelor of Commerce (B.Com) in Finance is a three-year undergraduate degree program in India that focuses on Accounting, Finance, and related topics:

The course structure includes Lectures, Presentations, Case Studies, and Guest Lectures.  Students learn about Accounting and Finance theory and practice, as well as core subjects like Portfolio Management, Capital Markets, Financial Accounting, Business Law, Customer Relationship, Organization Behavior, Income Tax Law and many more.

The course has a vast job scope in the private and public sectors of the organizations.Graduates can pursue careers in Accounting and Finance, including roles such as Business Analyst, Financial Analyst, Investment Banker, Professor/Teacher, Tax Assistant, etc. The job responsibilities of the course are concerned with Research, Teaching, and Management related to Finance.

The basic eligibility for admission is a minimum of 50% aggregate marks in 10+2. Some colleges may also consider entrance test results and personal interviews.

Some colleges require entrance exams for admission, such as LPU NEST, AMU Entrance Exam, IPU CET, and Christ University Entrance Test. Other colleges may offer direct admission based on 12th board exam performance.

Some Highlights of B.Com Finance:

 
Top Colleges Offering B.Com Finance:

• Christ University
  
• Narsee Monjee College of Commerce and Economics.
  
• Mithibai College of Arts,
  
• Mount Carmel College, Bengaluru
  
• Sacred Heart College
  
• B.K Birla College Of Arts Science & Commerce
  
• St. Thomas College, Thrissur
  
• PSGR Krishnammal College for Women, Coimbatore
  

Why Choose B.Com  Finance:

A B.Com in Finance is an excellent course for students aiming to build a successful career in Business, Finance, or Accounting. Here are some compelling reasons why pursuing this course is a great choice:

• Diverse Career Opportunities: A B.Com in Finance opens doors to a wide range of roles, including Investment Banking, Financial Analysis, Corporate Finance, Accounting, Taxation, and Banking.  The finance sector offers various career paths across industries, allowing graduates to choose a specialization that suits their interests.
• High Demand for Finance Professionals: Finance professionals are in demand across the globe in sectors like Banking, Corporate Finance, Investment Firms, and Government Agencies. Roles such as Financial Analyst, Accountant, Tax Consultant, and Risk Manager offer long-term career stability.
• Essential Skill Development: The program equips students with in-demand skills like Analytical skills, communication skills, problem-solving, financial analysis, risk management, and strategic planning.  These skills are highly valued in the job market and provide a competitive edge to graduates.
• Strong Foundation for Entrepreneurship: The course offers valuable knowledge for those interested in starting their own business or pursuing self-employment.  With a solid understanding of Finance and Accounting, graduates are well-equipped to handle the financial aspects of running a business.
• International Career Opportunities: Finance is a globally recognized field, opening up opportunities for international careers in major financial hubs worldwide.  Graduates can explore roles in multinational companies or even move into global markets, depending on their interests.
• Pathway to Advanced Qualifications: A B.Com in Finance provides a solid foundation for pursuing higher qualifications like MBA, CA (Chartered Accountancy), CFA (Chartered Financial Analyst), CMA (Certified Management Accountant), or CS (Company Secretary).  These certifications add value and boost career prospects in specialized fields.
• Competitive Salary Potential: B.Com Finance graduates can expect competitive salaries, which increase with experience.  Entry-level roles start at around INR 2.2 LPA. Mid-level positions can earn about INR 5 LPA. And Senior-level roles can offer salaries up to INR 9 LPA or more, depending on experience and expertise.
• Comprehensive Knowledge of Financial Management: Students gain an in-depth understanding of key financial concepts such as Banking, Accounting, Taxation, Risk Management, and Financial Reporting. This knowledge is crucial for making informed decisions in business and finance-related roles.

Choosing B.Com in Finance offers a wide range of career opportunities in the finance, banking, and accounting sectors. The course provides essential skills in Financial Management, Problem-Solving, and Strategic Planning. It also offers pathways to advanced certifications and international job prospects, making it an ideal choice for students aiming for a successful career in finance.

Admission Procedure For B.Com Finance:

B.Com Finance admission process is done either on the basis of 10+2 merit or an entrance exam that is conducted by the university that you are applying for admission.

Candidates can apply either online or offline respectively.

Aspirants have to submit the application form on the date fixed by the Institute. And submit the documents required as well.

Some colleges conduct entrance exams for the admission in B.Com Finance course.

The candidates who have cleared the entrance exam are shortlisted. The selected candidates go for the Interview process with their required documents.

After the final selection the aspirants have to submit their original required documents to the Institute at the time of admission.

Some universities may conduct interviews or other screening processes.

The admission process may include merit-based selection or a cut-off-based selection.

Eligibility For B.Com  Finance:

The eligibility for a B.Com in Finance course in India generally includes:

• the candidate should have passed out from 10+2 with minimum aggregate score of 50% marks in the exam from any recognized board throughout the country.
  
• Candidates must have subjects like Accountancy/ Business Studies/ Economics/ Mathematics as their main subject at 10+2 level.
• Studying English as one of the subjects in 10+2
• Candidates with conditional passing (Compartment yet to be cleared) are not eligible for admission.
  
• Applicants pursuing IB curriculum must have 3HL & 3SL with 24 credits.
  
• Applicants pursuing GCE Excel must have a minimum of 3A level.
• Meeting any additional requirements set by the institution
  

Career Opportunities for B.Com  Finance:

B.Com Finance degree courses have wide scope after graduation.  Since Commerce, Finance, and other related domains have been accepted as a universal language worldwide, the scope for B.Com Finance is in very good numbers.

B.Com Finance degree has a variety of job opportunities to choose from. The sectors include Scientific, Research, Teaching, Finance, and many more. Most companies abroad prefer B.Com Finance graduates as the commerce field, especially the finance field, is an important batch of study.

Career options after B.Com Finance include Accountant, Account Executive, Business Executive, Financial Analyst, Tax Consultant, Tax Consultant, Accounts Manager, Business Consultant, Finance Manager, Financial Analyst, Chartered Accountant, Company Secretary, Chartered Financial Analyst, Certified Management Accountant,

Therefore, after completing the course, the students can enter any of the organizations, and the salary for the jobs is also acceptable. The average B.Com Finance salary in India for the graduates comes to around 4.5 LPA. After the course, the students can enter any related organizations and can work accordingly.

Jobs Opportunities After B.Com  Finance:

• Accountant
• Financial Analyst
  
• Finance Executive
  
• Business Development Executive
  
• Accounts Assistant
  
• Assistant Accountant
  
• Business and Corporate Analyst
  
• Operation Manager
  
• Senior Accountant
  
• Marketing & Money Manager
  
• Financial Analyst & Manager

Top Recruiters of  B.Com  Finance:

• IndusInd Bank
  
• KPMG
  
• Ernest & Young
  
• TFC
  
• LIC
  
• New India Assurance
  
• Bajaj Allianz
  
• United India Insurance
  
• Tech Mahindra
  
• Wipro
  
• Nestle India

Syllabus For B.Com  Finance:

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 IV

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