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Wednesday, February 23, 2011

BACHELOR OF COMMERCE DETAILS

Bachelor of Commerce :
Qualification after PUC IInd year in Commerce. My advice Commerce is a multidisciplinary field, it is special for accounts experts choose your options carefully. So, many India’s most famous business tycoons are also studied the B.Com. All of them are Commerce graduates.

Not that their illustrious careers were scripted while studying. But their Commerce background definitely aided in setting the stage. It familiarised them with financial foundations of a company, besides acquainting them with core financial underpinnings that result in smooth functioning of really successful corporations.

One of Delhi’s Shri Ram College of Commerce might just be a leader-in-the-making. With a high level of commitment and an enterprising attitude, there could be trained into taking on the financial reins of a company, someday. The course is interdisciplinary in nature.

Studying at Sanatan Dharma College in Chandigarh students replying for B.Com Degree I wouldn’t like to give control of my company’s finances to any outsider. This puts into perspective, this is the main reason for choosing and studying commerce subject.

Basic knowledge of Bachelor of Commerce Study :
In each and every one field or each and every one company wants a one accountant expert in his company to maintain the account.
Commerce is a fundamental academic UG programme, besides Science, Arts, Engineering and Medicine. After completing of PUC IInd year. One can pursue Bachelor of Commerce or Bachelor of Commerce, both are three years study full time programmes. Commerce comprises a wide range of interdisciplinary branches such as accountancy, finance, statistics, and e-commerce among others.

In the first year eight subjects, followed by nine and seven respectively, in the second and third year. The student chose Political Science in his second year, over Maths and English. In the third year chose Marketing and Financial Management and Investment Management over Human Resources and Tax. So far is well versed in the concepts of microeconomics, statistics, financial accounting, business communication, business law, corporate law and auditing among other subjects. In the third year is understanding the theories of financial management and macroeconomics. The curriculum in most colleges is similar to programme.

According to Sourcing, Team Lease Services, many UG colleges are integrating industry required knowledge in their course curriculum. The reason Better placements for students.

Post Graduate level and beyond :
After graduation, you can opt for a Master’s in Commerce from any recognised university or institute. The Faculty of Commerce and Business at Delhi School of Economics offers two post graduate programmes, Master’s in International Business and Master’s in Human Resource and Organisational development.

You can also pursue a Master’s in Finance and Control as an option in the field of Commerce at the Department of Financial Studies, Campus and Universities.

Both undergraduate and postgraduate programmes can be pursued through distance learning, such as those offered by the School of Open Learning in Delhi. Other alternatives include a Bachelor’s in Investment and Financial Accounting or Bachelor’s in Business Studies. Some colleges like the Colleges for Women, in Gulbarga offers a B.Com in Foreign Trade.

Commerce students can also join the Indian Economic Service or Indian Statistical Service. The Union Public Service Commission conducts the entrance exam to these services in November of every year.

Complementary courses
Many B.Com students pursue a professional course like CA, CWA or MBA in Finance, CFA alongside, so as to enter highly skilled professions. Currently pursuing the Company Secretary course. Plans to appear for ICWA Intermediate level exams in every year of April. By then she would have given her final year B.Com exam and would be entitled to forgo the Foundation Level. The Inter level exams are in December.

Diploma certificates for medium skilled jobs can also be done. For example, obtaining certification in Accounting Technician Course from ICAI. Information Technology based courses like Tally or Cyber security are good additional qualifications for Commerce graduates.

ESS India undertook a three week course in Business Development and ICT Innovation from the London School of Economics in August 2009. The summer school programme in London cost her Rs:2lakh, inclusive of accommodation and food expenses. It gave her additional exposure in the field. Supplementary knowledge of stock markets, currency trading, commodity training is also helpful.

Such diploma and certification courses are offered by institutes or by the knowledge arms of organisations themselves. National Commodities and Derivatives Exchange Ltd, for example, runs NCDEX Commodity Certification Course. National Institute of Securities Markets has a 300-hour certification programme in Financial Engineering and Risk Management with a fee of Rs:1.75lakhs. Cyber law and computer courses related to cyber security can also be considered.

Career prospects
Job opportunities exist in banks, financial institutions, outsourcing firms, insurance companies and audit firms. A fresh Commerce graduate can start out as account assistant, in CA firm or any other small organisation.

Charted Accountant practicing firms. These firms usually employ grads for auditing as well as taxation assignments, accounting and research work. Corporate also recruit fresh B.Com students from campuses. FMCG conglomerate HUL invited to work with their BPO and an offer letter from Bain Capability Center, Bain India, a consultancy firm.

Recruitment policies have changed from vertical to horizontal, a mix of graduates are required. Commerce graduates get an edge because of the existent curriculum and exposure to varied subjects, shares Department of Commerce, Delhi School of Economics. Advised it is better for students to have a general degree before going into a specialised degree.

In the banking sector, foreign banks typically prefer skilled Commerce graduates. In nationalised banks, a fresh graduate is eligible to take a Probationary Officer exam. Government offices recruit non-experienced candidates in assistant grade. The demand for graduates is high for sales and marketing functions by banks and insurance.

Commerce graduates also work as researchers and teachers. Eighty percent of management faculty possesses an M.Com degree.

Accounting and counting
Pay packages depend on the organisations as well as area of specialisation. The average salary students received this year was 5lakh per annum.

Salaries depend on the nature of organisation and type of job. However, it ranges between Rs.9,000 and Rs.20,000 per month for a fresh hire. Students with good communication skills tend to get paid better. They are ideal candidates for front end functions such as customer service, marketing and sales. The salary can be 30 to 40 percent higher.

So, if you have the financial aptitude and are willing to develop further competency, be rest assured, as a Commerce student you will never be out of a job.

And if you are living in Gulbarga (Karnataka) city here it is the best college details are below.
1) Appa Education Society (Sharanabasaveshwar College) Gulbarga, best residential facilities, food and accommodation and best education facilities also available with computer lab or computer library in here.
2) V.G. Women’s College (Veer Gangashree College) Only for women’s, best education facilities in this college.
3) M.S.I. Degree college, Gulbarga good education facilities.
4) Independent college, this is a government college it is also have a good education facilities.
And so many new college’s in this city.
Get Self decision and select your own favorite degree or school or college.
I wish to all best of luck for your future.

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