B.Com M.Com is an integrated course in commerce specialisation that ranges from four to five years, depending on the college. This dual degree is offered by many universities to provide students with the introductory and advanced knowledge needed in the field of commerce by combining two degrees- B.Com and M.Com .
The combined integrated B.Com M.Com course offers a proper understanding of accountancy, business statistics, economics , business administration, and finance. Those who are sure about pursuing a master's degree after their BCom from starting can directly benefit by opting for a B.Com M.Com Integrated Course, as it saves them time.
B.Com M.Com stands for Bachelor of Commerce- Master of Commerce. An integrated course, BCom MCom has been designed keeping in mind the needs of 10+2 students. At the end of the course, students will complete two degrees within a span of four or five years.
The programme has been introduced to add more value to BCom. By getting this degree, students will get a chance to get two academic degrees in one shot.
The fee structure is well planned by the management authorities keeping various things in consideration. Candidates with meritorious backgrounds are provided with a concession in fee as financial assistance. The academic fee includes charges for all the facilities provided to students for a better learning experience. The average B.Com M.Com fee ranges from Rs. 1.2 LPA to Rs. 4.0 LPA.
Pursuing this integrated course ensures that students get a degree equivalent to a postgraduate, which ensures that they stay ahead of their peers. The programme enables students to get both a postgraduate and undergraduate degree in one shot. The best part is students do not need to apply for a postgraduate programme separately.
The following are the eligibility criteria that the candidates need to adhere to for applying for an integrated B.Com M.Com course-
The majority of universities or colleges in India follow a direct admission process for students aspiring to join the B.Com + M.Com course.
For aspiring students, fulfilling essential eligibility criteria to get into the B.Com M.Com course is just one side of the coin. The other side, which is of equal importance, is to possess the qualities and skills that are required to pursue a degree in an integrated B.Com M.Com course.
The syllabus for integrated B.Com M.Com degree will have slight variations from college to college. This is why it is advised that the aspiring students check the course’s structure from the website of the university they are applying to, to get a complete understanding of the course.
However, to give aspiring students an idea of the syllabus and subjects that they will have to delve into, here is the BCom MCom course syllabus of MDU, Rohtak .
The first year of the BCom MCom integrated course provides basic knowledge of business and finance. Check the table below to know the subjects taught in the first year of the BCom MCom integrated course.
Semester 2
An Introduction to Statistics
Financial Accounting for Business
Business Communication
Business Economics
Business Organisation
Business Statistics
An Introduction to Accounting
Business Management
Fundamentals of Economics
Business Law - II
Business Law - I
Introduction to Computers
Slowly from the second year, advanced knowledge of accounting, law, banking, and marketing is provided to students. Check the following table to know more.
Semester 3
Business Mathematics
Corporate Accounting – II
Corporate Accounting – I
Business Ethics
Cost Accounting
Company Law – II
Company Law – I
Money and Banking
Principles of Marketing
Financial Institutions
Basics of Information Technology
Auditing
The third year emphasises more on management subjects in addition to basic computer knowledge. Below are the subjects taught in the third year of the BCom+MCom course.
Semester 5
Financial Management
Managerial Accounting
Investment Analytics
International Business
Indian Economy: Growth and Management
Income Tax Law and Administration
Retail Management and Sales Procedure
Human Resource Management
Income Tax
Business Environment
Insurance and Risk
Computer Programming
The fourth year of the BCom+MCom course includes accounting, management, business environment, and workshops. Check the syllabus for more.
Semester 8
Accounting for Managers
Management Accounting
Management Concepts
Organisational Behaviour
Indian Business Environment
Economics Environment of Business
Elementary Managerial Economics
Managerial Economics - I
Statistical Analysis for Business
Quantitative Techniques for Managerial Decisions
Workshop on Computer Applications
Workshop on E-Commerce
The final year of the programme is summed up by a project and a couple of optional papers in addition to regular management subjects. The following table highlights more information:
Semester 9
Semester 10
Strategic Management - I
Strategic Management – II
Accounting Theory
Accounting Theory and Practice
Project Report
Optional Papers - 4
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The major specialisations offered under the BCom MCom integrated course are listed below:
After receiving the integrated B.Com M.Com degree, students will have a host of job options and job profiles to choose from as there is a rising demand for highly-trained and qualified professionals. Those who want to pursue higher education may opt for a Ph.D in the relevant specialisation.
After completing the BCom MCom degree, one can apply for jobs in private and public sectors. Some BCom MCom job roles are listed below.
Accountant : An accountant is a professional who has the responsibility of keeping and interpreting the financial records. Accountants usually have the responsibility of dealing with a wide variety of finance-related jobs for both larger businesses and organisations or individual clients employing them.
Investment Banker : An investment banker is a professional who works in a financial institution or bank and is involved in raising capital for companies and governments. Their duties range from raising money, advising, research, brokerage services, and asset management.
Bank Manager : A bank manager oversees the local branch of a bank, which automatically means that they have many responsibilities, from a host of banking functions to managerial duties. A bank manager is responsible for the entire operation and administration of the branch.
Cashier: A cashier is a professional who has the responsibility of facilitating money transactions with customers by accepting cash, cheques, credit, or debit. A cashier's duties highly depend on their place of employment, but they primarily deal with operating cash registers and handling money transactions with customers.
Finance Manager: A finance manager is responsible for the financial health of an organisation. They have the responsibility of preparing financial reports, directing investment activities, and developing efficient strategies for the financial goals of their particular organisation.
Risk Analyst : A risk analyst is a professional who examines and evaluates an organisation’s financial documents, and investment portfolios, alongside economic conditions to determine risks involved when making any business decision.
Finance Consultant: A finance consultant has the responsibility of helping clients accomplish their financial objectives by developing and presenting financial strategies and monitoring changes in financial status. They identify and evaluate new financial strategies alongside recommending changes in goals and plans for their clients.
The salary of a candidate varies based on the company, experience, and position at the workplace. However, to give you a general understanding of the average salary for some of the job profiles/positions, here is the list-
Job Profile
Average Salary
Accountant
Rs. 3.3 LPA
Finance Manager
Rs. 11.5 LPA
Bank Manager
Rs. 8.8 LPA
Risk Analyst
Rs. 7.6 LPA
Investment Banker
Rs. 16.8 LPA
Source: Ambition Box
After completing the integrated B.Com M.Com degree, graduates have plenty of job opportunities in the private and public sectors.
India has plenty of colleges that offer academic courses in commerce disciplines. But, few colleges offer B.Com with integrated M.Com. We have listed below the top private B.Com+M.Com colleges in India.
Total Fees
Seacom Skills University, Birbhum
Mahatma Jyoti Rao Phoole University, Jaipur
Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore
SSD College of Professional Studies, Bathinda
Rs. 1.27 lakhs
ITM Vocational University, Vadodara
There are numerous commerce colleges in India. Colleges offering integrated B.Com M.Com courses are limited. Atal Bihari Vajpayee Vishwavidyala, Bilaspur is a government college in India that offers B.Com M.Com integrated programme.
Answer:
Yes, of course. You can opt for this course after clearing 10+2 in the science stream. It is possible for students from science stream to change streams.
The aspiring candidate will have to clear the UGC-NET exam to become a lecturer after finishing this course in India.
The integrated B.Com M.Com course is mostly for four or five years depending on the university. An aspiring student can pursue this course right after clearing 10+2 exams.
Investments Analyst, Business Analyst, Investment Banker, Marketing Manager , Market Analyst, Assistant Accountant, and Accountant to name a few are the available career options for graduates.
SSU Birbhum, MJRP Jaipur, SVVV Indore, ITM Vocational University Vadodara, and Atal Bihari Vajpayee Vishwavidyalaya Bilaspur are the top providers of BCom MCom integrated courses.
In the era of globalisation, commerce is undoubtedly, one of the most chosen study courses. The integrated B.Com M.Com course nourishes young minds with knowledge and skills that can cope with the emerging requirements in the field of commerce.
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