B.Com in Finance is Bachelor of Commerce in Finance. The degree is a three-year course and it is a specialized course as opposed to a simple Bachelor in Commerce. The minimum eligibility for the course is an intermediate (10+2) from a recognized board.
Finance is the science of managing fund and finances. A graduate degree in the subject lets you learn the basics and ins and outs of how to manage funds. The common subjects that are taught through the B.Com in Finance programme include Statistics, Business and Management, Advanced Financial Accounting, Managerial Economics and Cost Accounting.
A student with keen interest in the broad spectrum of financial disciplines, statistics, economics and accountancy should apply for the course. The Bachelor of Commerce in Finance will help students specialize in the subjects to succeed in the fast-paced international business sector.
B.Com in Finance will allow students to gain in-depth knowledge and understanding of the financial management to be apt in identifying financial issues, solving financial problems, and communicating financial advice based on the social and economic factors.
In addition, students also acquire knowledge and experience in the role of financial institutions – largely in the fields of security markets. Students also develop anunderstanding of how companies raise capital and understand how financial institutions work in their given business environments.
In the world today, when all the economies are global to the core, most of the management and financial programs are industry specific and finance is the back bone of the entire management structure.
B.Com in Finance being a six semester, thethree-year professional degree programme is therefore designed primarily, keeping in mind the major requirement of the Indian Financial Markets and Financial system.
During the course, students are involved in summer training and internship programs. The idea of the programme is to expose students to real time business problems and in the three years of learning to train them rigorously through industrial training and theory. B.Com in Finance opens a vast range of job options for students who are also introduced to the depth of the subjects, just in case they wish to pursue MBA after the undergraduate course.
It is easy to conclude in anutshell, that the course is meant for students who are keen on finding work options in core areas of finance. These mainly include investment markets, capital markets, foreign exchange markets, banking or insurance sectors. The course ranges from anintroduction to business and finance with afocus on business management, fund management, security analysis, infrastructural finance and portfolio management to name a few.
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Course |
B.Com. in Finance |
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Course Level |
Under Graduate |
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Duration of the Course |
3 years |
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Type of Examination |
Semester based system (six semesters) |
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Eligibility |
10+2 from any stream (preferably Accountancy, Commerce and Economics) |
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Admission Process |
Direct merit based and interview Based on Entrance test and counselling |
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Job Opportunities |
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Average Starting Salary |
Rs. 3 to 5 lacs |
B.Com in Finance is a professional graduation course, therefore, it opens a host of career opportunities for students who have successfully passed the course. A world of finance is nothing without financial experts. Thus, students have wealth of employment opportunities in all type of organizations especially in thefinancial service sector, banks, markets research sector, corporations,and financial consultancies.
Some of the job roles students can find include –
In addition to the above-mentioned sectors, students can also opt for teaching jobs in universities and colleges. For this, they may require enrolling for a Master degree first. Graduates can work as afreelance and contract teachers to kick start their career.
As discussed at length here, finance is a highly remunerative field. Yet, the remuneration a person draws depends largely on the experience and qualification. Students looking to kick start their career right after B.Com in Finance can earn anywhere between 3 lac to 5 lac per annum, depending again on the employer and personal experience and expertise.
For direct admission in B.Com in Finance course, a candidate should have successfully passed the higher secondary school certificate or intermediate (10+2) examination preferably with commerce subjects (Maths, Accountancy, Economics and Commerce).
Some institutions/colleges may conduct an entrance test for admission in the course. The entrance test will be followed by a counselling round and interview.
Thestudent needs to qualify the entrance exam in order to be eligible for counselling. Students will only be guaranteed admission in the course upon successfully passing the entrance test and clearing the counselling and interview rounds.
MBA in Finance is the obvious and safe selection for students who want to excel their career in financial services. After B.Com in Finance,students who enrol for MBA in Finance gain all round exposure and knowledge of numerous aspects of finance, accounting, financial modelling and statistics.
To pursue admission in MBA, students would be required to appear for an entrance test – Common Admission Test (CAT) and Management Aptitude Test (MAT).
Students can also seek admission in Master of Commerce (M.Com) after graduating in B.Com in Finance;though it’s not a very common choice. M.Com is a postgraduate course that focuses on commerce, management, financial economics and accounting-related subjects. M.Com is a two-year full-time course, though it can also be done through distance learning (correspondence).
After pursuing higher studies, or by doing MBA or M.Com, students are presented with better and higher paying job opportunities.
Finance specialists have a very deep rooted existence and role in all type of organizations including public and private. Finance experts are key players in theprovision of management information assisting in enabling result-oriented decisions and planning on financial matters concerning a business. B.Com in Finance prepares a student to be more than a computational help, rather be the person with theability to analyse and evaluate real life situations and effectively communicate personal opinion for the betterment of the organization.
Some of the best institutions in India that prepare students to be the financial experts the market needs includes
Bachelor of Commerce in Finance is a specialised course in itself. Students enrolled in the course gain in-depth knowledge in financial management after completing this course. However, some institutions do offer to learnin the specialised areas under B.Com in Finance. For instance, students could be offeredspecialisation in accounting &finance and financial investment.