B.Com, or Bachelor of Commerce, was first started at the University of Birmingham. It was William Ashley, an Englishman from Oxford University and Professor of Political Economy and Constitutional History in the Faculty of Arts at the University of Toronto and also at Harvard University, who founded the School of Commerce here. Since then many new subjects have been added to the curriculum and it has been made more suitable for today’s business requirements.
As businesses expand globally with the use of the latest technology, there is a growing need for skilled and trained individuals to successfully look after day-to-day business operations. B. Com is the only program, the most popular and the most studied in the world. As this is directly related to basic business requirements, it covers a very broad scope of employment prospects globally. A commerce graduate, that is, a B.Com graduate, can opt for many types of job opportunities, depending on her specialization and interests.
Currently, the B. Com or Bachelor of Commerce course is offered in many different disciplines to train candidates in a particular field. This is a three-year graduation program that students can attend after completing their high school education. Here is brief information on some common B.Com courses offered by reputed management institutes.
B. Com (Honours) – or B. Com (H) is a bit above normal B. Com. Today, many universities run these courses on a semester system like they do for Engineering, MBA, or other courses. Students are taught all subjects in more detail than what is covered in normal B.Com. In addition, students can choose a subject of specialization in their final year. For example, you can opt for a specialization in Accounting, Cost Accounting, Management, Computer Science, Economics or any other subject.
B. Com (Computer Application) – In this course, students are taught about computer applications, software development, and operating procedures, along with regular business subjects like accounts, economics, statistics, etc.
B. Com (Foreign Trade) – Under this program, students are taught about foreign trade procedures and transactions, along with the regular B. Com subjects. This course makes them eligible to apply for a job in a company/firm engaged in import/export activities.
B. Com (Tax Procedure): A growing business has an equally growing requirement to manage its taxes efficiently. That is what this course has been designed for. It equips students with knowledge of tax essentials and procedures, along with other business topics. After completing the course, students can apply for a job in the Accounting or Tax department of any company or can even start their own tax consulting company.
B. Com (Advertising and Sales Management) – Advertising and Sales Management are the important aspects of any growing business that you cannot do without. The B. Com major in Advertising and Sales Management trains students with marketing and advertising essentials and skills, a good fit for those with an interest in the advertising industry.
B. Com (Electronic Commerce) – E-commerce is the next inevitable thing. B. Com with a major in e-commerce prepares students to effectively run e-commerce businesses such as online stores or business portals. Students are aware of technical and legal aspects.
B. Com (Office Administration) – This specialization makes candidates efficient office administrators. Students are trending in computer applications, office management, communication skills, work ethic, and corporate culture. There are great job opportunities in this field as well.
More new fields may be added to this course. The bottom line is that this is the best career choice even for average students and can be completed without costing much.