byGaganDeep
Updated on - 22 May, 2024
B.Com in Finance is an undergraduate program focused on management and handling of funds for a period of three years. Finance course introduces the learners to the fundamental concepts of finance, financial management, investment, capital markets, and financial accounting among others It is a professional course in preparing students for career opportunities in the finance and banking sector such as banking, financial services, treasury, financial research among others The program spans over a period of three years and is split into six semesters.
The known entrance exams for B.Com (Finance) at national level include CUET, SET, DUET etc which are held from April-July. For admissions, some of the state level entrance tests conducted between May and July are MHT CET, Pune University CET, IGNOU OPENMAT, GGSIPU CET and several others.
| Feature | Details |
|---|---|
| Full Form | Bachelor of Commerce (Finance) |
| 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), Loyola College (Chennai), Symbiosis College of Arts and Commerce (Pune), Christ (Deemed to be University) (Bangalore), St. Xavier's College (Kolkata) |
| Entrance Exams | University Entrance Exams (e.g., CUET), Institute-specific Entrance Exams (e.g., IPMAT) |
1. A candidate must have a 10+2 passed or equivalent qualification from a recognized board/university with not less than 50% aggregate marks.
2. Mathematics/Business Mathematics/Economics/Statistics can be taken as one among the optional subjects at 10+2 level.
3. Admission requirements include but are not limited to race, colour, ethnic origin, gender, creed, marital status, disability, political beliefs, sexual orientation, national origin, veteran status, or any other protected classification.
4. Admission on merit – Aggregate marks in 10+2 or entrance examination marks.
5. Apart from GPA, some colleges may also give students a personal interview before they are admitted.
6. Proper English language would be required since Finance subjects are taught in English language majorly.
1. CAT – It is another test conducted for admission into MBA and PGDM courses including specializations in finance Stream by IIMs.
2. CMAT – Common Management Admission Test is done by AICTE for admission in management courses such as MBA Finance etc.
3. NPAT – Narsee Monjee Institute of Management Studies, abbreviated as NMIMS, entrance examination for NMIMS’s management courses.
4. SNAP – Symbiosis National Aptitude Test is conducted for the admission in to different finance and other management courses offered under Symbiosis University.
5. IIFT – Entrance examination to be held for admission to MBA in International Business with finance as a specialization in the Indian Institute of Foreign Trade.
| Subject | Important Topics |
|---|---|
| Financial Accounting | Accounting Principles, Double Entry System, Journal, Ledger, Trial Balance, Final Accounts (Trading a/c, P&L a/c, Balance Sheet), Bank Reconciliation Statement |
| Business Law | Indian Contract Act, Sale of Goods Act, Negotiable Instruments Act, Companies Act |
| Corporate Accounting | Share Capital, Issue of Shares, Debentures, Final Accounts of a Company |
| Management Accounting | Cost Concepts, Cost Classification, Cost Sheet, Cost Control Techniques, Budgeting |
| Financial Management | Time Value of Money, Capital Budgeting Techniques, Cost of Capital, Working Capital Management, Dividend Policy |
| Banking & Insurance | Functions of Commercial Banks, Types of Accounts, Central Bank of India, Insurance Principles, Types of Insurance Policies |
| Elective Courses (Options may vary) | Financial Analysis & Business Valuation, International Finance, Investment Management, Risk Management, Security Market Operations |
1. Minimum requires 10+2 in commerce stream with more than 50% marks.
2. Interested candidates are advised to apply to the colleges offering B.ComFinance course before their deadline of admission.
3. If need be sit for any relevant entrance examinations
4. The other thing that one should do is to check merit list and attend the counseling session in case one has been selected.
5. Pay for admission and sort out documents to secure the place.
6. Once a student secures admission, he should complete all the necessary enrollment processes without fail.
| 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 |
| Loyola College | Chennai | 20,000 |
| St. Xavier's College | Kolkata | 12,000 |
| Patna College | Patna | 8,000 |
| Fergusson College | Pune | 15,000 |
| Madras Christian College | Chennai | 25,000 |
| The Hindu College | Delhi | 18,000 |
| Hansraj College | Delhi | 11,000 |
| Sri Venkateswara College | Delhi | 9,000 |
| 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) |
|---|---|---|
| Finance (General) | Financial Analyst, Investment Analyst, Risk Analyst, Credit Analyst, Budget Analyst | 3 LPA - 7 LPA |
| Accounting | Accountant, Auditor, Tax Consultant, Internal Auditor, Cost Accountant | 3.5 LPA - 6 LPA |
| Banking & Financial Services | Bank Officer, Wealth Manager, Loan Officer, Relationship Manager | 3.5 LPA - 8 LPA |
| Investment Management | Investment Advisor, Portfolio Manager, Research Analyst, Wealth Management Advisor | 4 LPA - 8 LPA |
| Financial Markets | Stock Broker, Trader, Research Analyst, Risk Management Analyst | 4 LPA - 9 LPA |