Commerce deals with numeric data. Therefore if you are someone who is fascinated by transactional data or economic trading, then this could be the perfect course for you. This course is also ideal for business aspirants who wish to know the ins and outs of trading.
The most popularly opted course at the undergraduate level for students wishing to pursue commerce is B.com and the Masters' level is M.com. However, there are various other degrees such as BBA, MBA, CS, CA, etc. that students pursue in this field.
Students who remain intrigued by numbers can opt for specialisations such as Accounting, Finance, Banking, Taxation, Auditing, etc. Whereas, those who remain intrigued by the business side of things can opt for Business Administration, Economics, E-Commerce, Entrepreneurship, etc.
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The following are some degrees offered under the commerce stream:
Undergraduate Level
B.Com with the Association of Chartered Certified Accountants (ACCA)
Bachelor of Commerce-Bachelor of Legislative Law (B.Com LLB)
Bachelor of Business Administration-Bachelor of Legislative Law (BBA LLB)
Bachelor of Business Management (BBM)
Bachelor of Business Studies (BBS)
Bachelor of Management Studies (BMS)
B.Com with Chartered Accountancy (CA)
B.Com with Cost and Management Accountancy (CMA)
B.Com with Company Secretary (CS)
Bachelor of Statistics (B.Stat)
Bachelor of Accounting and Finance (BAF)
Bachelor of Banking and Insurance (BBI)
Bachelor of Financial Markets (BFM)
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Postgraduate Level
Master of Commerce in Development and Finance
Master of Commerce (M.Com)
Ph.D.
Here is a list of specialisations that the student can opt for in the field of commerce:
Banking
This course teaches students the roles that banks play in an economy, the execution of monetary policy, and the management of currency at these financial institutions. Some of the courses under this specialisation other than Banking are Banking and Finance, Banking and Insurance, Bank Management, etc.
A degree in Finance not only equips students with financial skills but also teaches them how finance influences the way organisations behave. Students looking for an understanding of Finance, other than a degree in Finance can opt for Taxation, Financial Management, Accountancy, Accounting and Finance, and Finance and Control.
Business
A degree in Business teaches students how to operate businesses and manage them well. Students wishing to pursue Business in the commerce stream can look at Business Management, Business Administration, Business Economics, Marketing, Statistics, and E-commerce among others.
Computer Applications
Students studying this specialisation learn about economics, accounting, statistics, and auditing. They then apply the knowledge that they have gathered in these fields in sectors like BPO, IT, MIS, ITeS, etc.
3. Presidency College, Chennai
5. Lady Shri Ram College For Women, New Delhi
6. PSGR Krishnammal College for Women, Coimbatore
7. Atma Ram Sanatan Dharma College, New Delhi
8. St. Xavier`s College, Kolkata
9. Ramakrishna Mission Vidyamandira, Howrah
11. St. Stephens's College, Delhi
12. Shri Ram College of Commerce, Delhi
13. Ramakrishna Mission Vivekananda College, Chennai
15. Sri Venkateswara College, Delhi
Read about the Top Commerce Colleges in the major cities of India:
Top Commerce Colleges in Delhi NCR
Top Commerce College in Kolkata
Undergraduate level
Students who have sat for their class 12 boards can apply.
Candidates who have Economics, Maths, Accounts, etc. are eligible to apply.
Students expecting their board results in class 12 can also apply.
Postgraduate level
Candidates need to have a bachelor's degree in commerce stream from any recognised university.
Students need to have a minimum of 50% as their aggregate for applying to most of the postgraduate commerce courses.
Here are some top entrance exams for the field of commerce:
Institute of Chartered Accountants of India, Chartered Accountancy Exam (ICAI CA).
Institute of Company Secretary of India, Company Secretary Exam (ICSI CS).
Institute of Cost and Work Accountants, Cost and Management Accountancy Exam (CMA).
Chartered Financial Analysis Exam (CFA).
Indraprastha University Common Entrance Test (IPU CET).
Ajeenkya DY Patil University Common Entrance Test (ACET).
Aligarh Muslim University Entrance Exam (AMU Entrance Exam)
Jamia Milia Islamia Entrance Exam
Delhi University Entrance Test (DUET)
Banaras Hindu University Post Graduate Entrance Test (BHU PET)
Central Universities Common Entrance Test (CUCET)
Explore: Top Commerce Colleges in West Bengal
If you wish to take up commerce as a subject, below are some skillsets that you should master:
Quick Thinking Skills
Problem-Solving Skills
Leadership Skills
Multi-tasking Skills
Adaptability Skills
Ability to be committed to their work
Core Confidence
Critical Analysis Skills
Good Communications Skills
Numeric Skills
Negotiation Skills
Time Management Skills
Should be able to coordinate with his team well
Logical Reasoning
An undergraduate course in media communications at a private university is expected to be anywhere between 6.470K - 13.50L. However, the same course from a government university is expected to be somewhere between 3.24K-3.09L.
A postgraduate course in media communications from a private university is expected to be anywhere between 4.25K - 4.30L. However, the same course from a government university is expected to be somewhere between 6.28K-2.04L.
Doctoral courses in media communications from a private university are expected to be between 45.60K-18.00L. However, a doctoral course from a government university can cost somewhere between 1.53K-2.70L.
Please note that all the numbers mentioned above are estimates and that the course fee differs from university to university.
Sarla Devi Scholarship
CLP India Scholarship Scheme
Azim Premji University Undergraduate Scholarship
Ranker Scholar Aptitude Test (RSAT)
Post Matric OBC Scholarship for CA/CMA/CS, Kerala
IIM Calcutta Fellow Program
IIM Ahmedabad Fellow Programme in Management
South Indian Bank (SIB) Scholarship Scheme
Commerce Ka Arjun Scholarship Program
ICAI Commerce Wizard
Fair and Lovely Foundation Scholarship
Some Institutions offering commerce courses have placement officials that provide internship requirements to students in need of one.
Listed below are some fields that commerce students can opt for while looking for internship opportunities:
Social Media Marketing
Marketing
Fund Management Operations
Chartered Accounting
E-Commerce Management
Business Analysis
CS Intern
Economic Research and Public Policy (ideal for B.Com LLB students)
Here are a few institutions that offer courses in commerce abroad:
RMIT University, Australia
Edith Cowan University, Australia
Oxford Univesity, UK
London Business School, UK
University of Manchester, UK
University of Warwick, UK
Stanford University, USA
Harvard University, USA
Mentioned below are some job profiles that students of Commerce get placed in:
Accountant
Sales Analyst
Stock Broker
Economist
Business Analyst
Corporate Manager
Finance Manager
Operations Manager
Accounts Manager
Business Consultant
Tax Consultant
The approximate starting salary of a candidate who is working a job after pursuing commerce is between 1.00LPA-10.00LPA.
Candidates looking for similar subjects to commerce could opt for CA, CS, Finance, Banking, Economics, Accountancy, Taxation, Statistics, etc.
What are the top recruiting companies for commerce professionals?
Ernst and Young
LIC
HDF
Deloitte
Punjab National Bank
Citibank
SBI
KPMG
What are the highest-paying commerce courses that one can opt for?
The most well-paying courses in the field of commerce are CA, CS, CFA, and managerial positions.
What are the popular courses in the field of commerce?
B.Com.: Bachelor of Commerce
BBA: Bachelor of Business Administration
BBS: Bachelor of Business Studies
BMS: Bachelor of Management Studies
CA, CS, ICWA, CFA
Also Read: Top B.Com Colleges in India
Top B.Com Colleges in Bangalore
Top B.Com Colleges in Kolkata