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What is B.Com?

The Bachelor of Commerce (B.Com) is a prestigious 3-year undergraduate program ideal for students who have completed their 12th standard with at least 50% aggregate marks. This course, widely recognized in the field of business administration, continues to be highly sought after by commerce students. At Usha Martin University (UMU), you’ll find a comprehensive B.Com program that covers essential subjects such as finance, economics, accounting, marketing, law, and management.

UMU stands out as one of the top colleges in Ranchi for pursuing a B.Com degree, offering specializations like Banking & Insurance, Accounts & Finance, Economics, Taxation, Marketing, and Investment Management. This program is tailored for students aiming for careers in commerce, banking, accounting, finance, or insurance, and those interested in further studies like Cost Accounting, Company Secretaryship, and Chartered Accountancy.

The admission process for the B.Com course is merit-based, evaluating your performance in the senior secondary level (10+2). With admissions now open for 2024, interested candidates are encouraged to apply and secure a spot in this esteemed program. Join UMU to pave the way for a successful career in commerce.

B.Com Admission Eligibility Criteria:

The Candidates should have completed 10+2 or senior secondary school with main subjects from a recognized board.
Minimum percentage requirements is 50% for admission

B.Com Course Duration:

In India, the Bachelor of Commerce (B.Com) course typically has a duration of three years. This undergraduate degree program can be pursued in various specializations such as Accounting, Finance, Taxation, and Marketing, among others. The course is usually divided into six semesters, with each academic year comprising two semesters.

Department of Commerce : Salient Features

Department of Commerce at Usha Martin University – top University in Ranchi, has imbibed the tradition of exploring new frontiers of knowledge and innovation in academics. The Department of Commerce is highly acclaimed and coveted for its academic excellence aims to impart interdisciplinary and multidisciplinary knowledge in the field of Commerce. The Department offers Bachelor of Commerce (B.Com) with specialization in Accounts and Taxation, and Master of Commerce (M.Com).The Department of Commerce offers four years B COM(H) programme as per NEP framework. If a student exits after three (3) years, he/she will be awarded B. Com Degree. The pedagogy and curriculum of our undergraduate and postgraduate programmes in Commerce are industry driven, focused on experiential learning equips students with skills, knowledge, and attributes to become successful in competitive world.

Industry oriented pedagogy where students are taught through real business case studies, industry projects, internships, industry visits, guest lecture, workshops and seminars.
Highly qualified and well-seasoned teaching faculty who have substantial experience in corporate and academics.
Special classes and workshop on taxation, business intelligence and data analysis wherein students acquire hand on training on business intelligence tools like Microsoft Power BI, SQL and advanced excel
Congenial and cordial academic atmosphere where innovation and creativity are highly encouraged.

Why Study a B.Com after 12th?

Studying a B.Com (Bachelor of Commerce) after 12th grade in India offers numerous opportunities and benefits B.Com after std 12^th can land you in diverse career opportunities in the field of taxation, banking , finance and accounting etc. There is greater scope for higher studies like M.Com or MBA. During the course program, the students develop thorough knowledge of the financial subject or say , financial literacy and develops analytical skill that enhances their efficacy in solving day to day business and financial issues. B.Com graduates can also sit for UPSC , Banking, SSC and other government jobs.

Why Choose a Bachelor of Commerce?

Courses after 12^th commerce offers a diverse range of career options in fields such as Finance, Banking, and Accounting, making it a popular choice for commerce students after class 12. Students can earn a commerce degree but for that they should have commerce or finance or business studies as a subject to pursue B.Com. courses after 12th.

Choosing a Bachelor of Commerce (B.Com) after 12th grade offers numerous career opportunities in fields such as Finance, Banking, and Accounting. This degree provides a robust foundation in business disciplines like finance, accounting, and management, equipping students with practical skills and theoretical knowledge. B.Com also allows specialization in areas such as Taxation, Marketing, and Investment Management, catering to diverse career interests. For those aiming for further studies, it lays a strong groundwork for pursuing Cost Accounting, Company Secretaryship, or Chartered Accountancy. With its versatile nature and broad career prospects, B.Com is a popular and strategic choice for commerce students.

Career & Job Opportunities after B.Com Course:

Upon completing B.Com Degree, you can explore exciting career paths such as:

Auditor
Banker
Financial Analyst
Tax Consultant
Business Consultant
Stock Analyst

Remember, B.Com admission opens doors to a world of possibilities! Whether you’re crunching numbers or analyzing market trends, this degree equips you with essential skills for a successful career in commerce and business. Certainly! Completing a Bachelor of Commerce (B.Com) opens up several exciting career avenues. Another interesting area for obtaining a degree could be B.Com (Hons.) –Taxation, where aspirants can attain new heights. Let’s explore some of the best options you can consider after obtaining your B.Com degree.

Job Profiles After B.Com Degree Course

There are several lucrative job profiles for B.Com graduates, viz. Tax Consultant , Financial Analyst , Investment Banker, Banking professional , where as for profiles like Chartered Accountant(CA) students need to study CA from Institution of Chartered Accountants of India (ICAI) , (CS) or Cost Accounting from (ICWA) to escalate their career. These are altogether different profiles but base course is B.Com. after std 12^th.These profiles involve preparation of financial data, tax planning , stock analysis for clients, with statutory compliance of laws and other regulations.

Specializations Offered in B.COM (H) Programme:

There are two specialization offered in B.Com.(Hons.) namely B.Com.(Hons.) with Accounts and another is B.Com.(Hons.) with Taxation . Some of the core and electives subjects are mentioned below:

Core Subjects:

Accounting: Principles of accounting, financial accounting, management accounting, and auditing.
Economics: Microeconomics, macroeconomics, and business economics.
Business Law: Corporate law, commercial law, and tax laws.
Finance: Corporate finance, financial management, investment analysis, and financial markets.
Taxation Courses: Income tax, indirect taxes (GST, VAT), and international taxation.
Management: Principles of management, organizational behavior, human resource management, and strategic management.
Marketing: Marketing principles, consumer behavior, sales management, and digital marketing.
Business Mathematics and Statistics: Quantitative techniques, statistical methods, and business analytics.
Cost Accounting: Cost management, budgeting, and cost control.
Information Systems: Business information systems, e-commerce, and financial information systems.

Elective Subjects:

Entrepreneurship: Business planning, innovation, and venture capital.
Banking and Insurance: Banking operations, financial services, and insurance principles.
International Business: International trade, global marketing, and foreign exchange.
Corporate Governance: Corporate ethics, governance practices, and risk management.
Retail Management: Retail marketing, merchandising, and supply chain management.

These subjects and components are designed to equip students with the knowledge, skills, and practical experience needed to succeed in various careers within the commerce and business sectors.

Boost Your Career Potential After Pursuing B.Com Degree

Specialized Knowledge: After completing a B.Com degree you can acquire specialized knowledge in areas such as accounting, finance, marketing, economics, and management.
Versatility: B.Com graduates can pursue careers in a wide range of industries, including banking, consulting, finance , accounting, marketing, and entrepreneurship.
Professional Qualifications: After attaining a B.Com degree the aspirants can either take up professional programs viz. C.A, MBA, M.Com or any other courses like Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or Certified Management Accountant (CMA). These qualifications enhance your credibility and marketability in the job market.
Networking Opportunities: B.Com programs often provide opportunities to network with industry professionals, alumni, and peers through internships, guest lectures, career fairs, and alumni events.
Strong professional network often helps in opening job opportunities and career advancement.
Soft Skills Development: In addition to technical knowledge, B.Com programs also focus on developing soft skills such as communication, critical thinking, problem-solving, teamwork, and leadership. These skills are highly valued by employers across industries and are essential for career success.
Career Advancement: A B.Com degree can serve as a stepping stone for further education and career advancement. Many graduates pursue advanced degrees such as Master of Business Administration (MBA) or specialized master’s degrees to deepen their expertise and expand their career opportunities.

Overall, a B.Com degree provides a strong foundation for a successful career in the dynamic field of business and commerce. It equips you with the knowledge, skills, and credentials needed to thrive in today’s competitive job market.

Admission Open 2024-25 with 100% Placement Assistance.

Usha Martin University provided 100% placement assistance to the final year B.Com graduates with proper placement facilities and career counseling. There have been many notable recruiters who pickup candidates from UMU. Strong industrial collaboration has proved to be fruitful in providing a leverage to career opportunities.