All You Need To Know About Commerce

If a student is opting for B.Com after completing their school education, it would be a good decision to do so, as B.Com is one of the trending courses. B.Com is the abbreviation for Bachelor of Commerce. It is an undergraduate degree in commerce and related subjects. Some of the important subjects taught during B.Com include accounting, economics, business law, taxation and insurance management.

At CVRU Bihar, candidates have the option to pursue B.Com in both distance and regular mode. B.Com has further distinctions between a regular B.Com degree and a B.Com Hons. If a student opts for B.Com Hons, he or she gets to learn specialized subjects, whereas a regular B.Com course only has general subjects. 

B.Com (Hons.) is a combination of commerce and business studies. The course curriculum focuses on building business acumen, managerial skills and business analytics, along with financial and accounting knowledge. Some important subjects taught during the course include economic, finance, cost accounting, human resources, business law, marketing, management and more. Students are also required to do case studies and project assignments so that they can develop critical thinking skills that would help them solve real-world problems. 

Admission for the B.Com course is generally based on merit. Some universities conduct entrance examinations for admission which is usually followed by an interview round. A lot of students opt for M.Com after completing B.Com. CVRU Bihar offers M.Com course as well, just like other commerce colleges in Patna.

M.Com is a two-year postgraduate degree course that allows students to choose their area of specialization. Some of the options are:

• M. Com in Taxation

• M.Com in Banking & Finance

• M.Com in Accounting & Commerce

• M.Com in Economics

• M.Com in Accountancy

The course provides in-depth knowledge of the economy, revenue, trade, taxes, and other topics, the basics of which are already covered in B.Com. Some of the main subjects taught in M.Com include: 

• Managerial accounting

• Economics

• Commerce

• Statistical Analysis

• Financial Management and Policy

• Accounting Theory and Practices

This course is the first choice for any student who wishes to pursue higher education after B.Com. The course is kept interesting and engaging for students with the help of workshops. CVRU Bihar also provides students with the opportunity to intern so that they can get an idea of what the professional world would be like. 

Career Prospects:

There is always a high demand for commerce professionals as any industry needs people with good business skills. This is highly beneficial, as there is never a dearth of opportunities for students who have completed their studies in commerce. CVRU Bihar has a placement cell that ensures that students get good employment opportunities after graduation. Students are prepared well for interviews as well.

Some students opt for higher education and some of the most common course choices they go for include M.Com and MBA. Students wishing to pursue an MBA have to appear for entrance examinations like CAT and MAT. Students can also prepare for UPSC and Bank PO examinations.