byGaganDeep
Updated on - 22 May, 2024
B.Com (Accountancy) is one of the most sought after 3-year undergraduate degree program which deals with accountancy, finance, taxation, auditing and other related fields. The programme offers the students, theoretical and practical lessons on different areas of accounting that prepares them for the job market in areas such as auditing, taxation, corporate accounting, investment bankers, financial analysts among others. This programme takes 3 years, with 6 semesters of study.
The entrance tests accepted for B.Com (Accountancy) are SET/SLAT/SITEEE conducted by Symbiosis University, NPAT by Narsee Monjee Institute of Management Studies, CUET conducted by various universities of Delhi/Other states, exam through respective university level authorities or examination and direct admission through 12th standard marks. Schedules of important examinations differ from university or institute to another but most of the big exams are conducted in the period of April and July while counselling and admission are done in the period of June and September.
| Feature | Details |
|---|---|
| Full Form | Bachelor of Commerce (Accountancy) |
| Duration | Typically 3 years (Full-time) |
| Course Level | Undergraduate |
| Eligibility | 10+2 or equivalent qualification in Commerce/Arts/Science with minimum marks requirement (varies by institution) |
| Top Colleges (India) | Shri Ram College of Commerce (Delhi), Lady Shri Ram College for Women (Delhi), Symbiosis College of Arts and Commerce (Pune), Loyola College (Chennai), Christ (Deemed to be University) (Bangalore), St. Xavier's College (Kolkata) |
| Entrance Exams (may apply) | University Entrance Exams (e.g., CUET), Institute-specific Entrance Exams (e.g., IPMAT) |
1. The candidates should have passed 10+2 examination or any other equivalent examination from a recognized Central or State Board of Education with 50% aggregate marks.
2. It is desirable that the candidate should have Mathematics/Accounts/Economics/Commerce/ Business Studies in 10+2 level.
3. There are variants to this where some universities set their own examination for students seeking to join their institutions.
4. These requirements may include minimum age, normally not less than seventeen years of age, and where there is a maximum age limit it is set by the universities.
5. Laxity/concession in the prescribed standard is allowed based on government norms for SC & ST candidates.
6. In addition to the basic admission requirements, certain universities may require certain subjects, cut-off marks in the entrance test etc.
1. CAT: Exam: A test of aptitude known as Common Admission Test that is conducted by IIMs to shortlist candidates for management programs in fields such as finance and accounting.
2. CPT: Common Proficiency Test conducted by ICAI to assess basic knowledge of accounting, mercantile laws, economics and elementary calculations for members to get enrolled for CA course.
3. CSAT: Aptitude test conducted by ICSI to assess the candidate in reasoning, general English and comprehension, quantitative ability, basic business and accountancy for admission to CS programme.
4. BBA CET: The BBA Common Entrance Test assesses the applicants’ verbal ability, quantitative ability and reasoning ability as the test is necessary to gain admission in BBA courses in colleges including those which offer specialization in accounting and finance.
| Subject | Important Topics |
|---|---|
| Financial Accounting I & II | Accounting Principles, Double Entry System, Journal, Ledger, Trial Balance, Final Accounts (Trading a/c, P&L a/c, Balance Sheet), Bank Reconciliation Statement, Company Final Accounts |
| Business Law | Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Companies Act |
| Cost Accounting | Cost Concepts, Cost Classification, Cost Sheet, Cost Control Techniques, Budgeting |
| Auditing | Vouching, Verification Procedures, Audit Reports, Types of Audits |
| Taxation | Income Tax Act, Heads of Income, Exemptions and Deductions, Tax Calculations, GST basics |
| Management Accounting | Financial Analysis Techniques, Ratio Analysis, Fund Flow Analysis, Cash Flow Management |
| Elective Courses (Options may vary) | Advanced Accounting, International Financial Reporting Standards (IFRS), Forensic Accounting, Tax Planning |
1. To secure a job the candidate must have completed 12th grade in commerce stream with Mathematics.
2. For applying at colleges offering B.Com (Accountancy) one has to fill up the application form.
3. Take any entrance examination for college if needed
4. Go to counselling considering the order of merit.
5. Choose your area of specialization and remit your admission tuition fee
6. Ensure documents are valid and qualify for the enrollment process.
| College Name | Location | Estimated Annual Fees (INR) |
|---|---|---|
| Shri Ram College of Commerce (SRCC) | Delhi | 10,000 |
| Lady Shri Ram College for Women (LSR) | Delhi | 15,000 |
| Sydenham College of Commerce and Economics | Mumbai | 18,000 |
| St. Xavier's College | Kolkata | 12,000 |
| Patna College | Patna | 8,000 |
| Fergusson College | Pune | 15,000 |
| The Hindu College | Delhi | 18,000 |
| Hansraj College | Delhi | 11,000 |
| Sri Venkateswara College | Delhi | 9,000 |
| Maharaja Agrasen College | Delhi | 12,000 |
| College Name | Location | Estimated Annual Fees (INR) |
|---|---|---|
| Symbiosis College of Arts and Commerce (SCAC) | Pune | 1,50,000 - 2,00,000 |
| Christ (Deemed to be University) | Bangalore | 2,00,000 - 3,00,000 |
| Narsee Monjee College of Commerce and Economics (NMIMS) | Mumbai | 2,50,000 - 3,50,000 |
| St. Xavier's College (Autonomous) | Mumbai | 1,00,000 - 1,50,000 |
| Shaheed Sukhdev College of Business Studies (SSCBS) | Delhi | 1,20,000 - 1,80,000 |
| Amity University | Noida | 1,00,000 - 1,50,000 |
| KIIT School of Management | Bhubaneswar | 1,20,000 - 1,80,000 |
| Ramakrishna Mission Vivekananda College | Chennai | 80,000 - 1,20,000 |
| Shiv Nadar School of Management & Economics | Noida | 2,00,000 - 2,50,000 |
| Jain University | Bangalore | 1,50,000 - 2,00,000 |
| College Name | Location | Average CTC Range (INR) |
|---|---|---|
| Shri Ram College of Commerce (SRCC) | Delhi | 5 LPA - 10 LPA+ |
| Lady Shri Ram College for Women (LSR) | Delhi | 4.5 LPA - 8 LPA |
| Symbiosis College of Arts and Commerce (SCAC) | Pune | 4 LPA - 7 LPA |
| Christ (Deemed to be University) | Bangalore | 4 LPA - 6 LPA |
| Narsee Monjee College of Commerce and Economics (NMIMS) | Mumbai | 5 LPA - 9 LPA |
| St. Xavier's College (Autonomous) | Mumbai | 4 LPA - 7 LPA |
| Shaheed Sukhdev College of Business Studies (SSCBS) | Delhi | 4 LPA - 6 LPA |
| Specialization | Job Titles | **Average Salary (INR) |
|---|---|---|
| Accounting | Accountant | 3.5 LPA - 6 LPA |
| Auditing | Auditor | 4 LPA - 7 LPA |
| Taxation | Tax Consultant | 4 LPA - 8 LPA |
| Financial Accounting | Financial Accountant | 4.5 LPA - 7.5 LPA |
| Management Accounting | Management Accountant | 4 LPA - 8 LPA |
| Cost Accounting | Cost Accountant | 4 LPA - 7 LPA |
| Forensic Accounting | Forensic Accountant | 5 LPA - 9 LPA |