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COMMERCE

The beginning of commerce can be traced back to the early days, from the barter system, the creation of currencies to the setting up of trade routes as well. In today’s time, it denotes all the transactions that are related to the sale or purchase of products and services. Commerce as a discipline involves the study of business activities (like the exchange of goods and services) and trade focusing on accounting as well as financial activities. The major subjects taught under commerce discipline include Accountancy, Economics, and Business Studies.

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It is a well-structured stream of education known for the diversity in subjects and career options. Students who are interested in data, numbers, business, statistics, finance or economics can choose commerce as a field for their higher education. Also, with the advancement of technology and increased use of the internet, most commercial transactions, buying or selling, are now available online, popularly known as e-commerce. With the availability of goods and services both online and in brick-and-mortar stores accessing them has become easier for people. 

Program Levels: 

The Study in India partner institutes offers commerce discipline across 3 program levels, namely - Undergraduate, Postgraduate and PhD wherein the students can pick from a bunch of courses available. 

1) Undergraduate (UG) 

Some of the popular bachelor courses under the commerce discipline include B.Com, B.Com (Honours), or BBA. These are full-time courses with a duration of 3 years and students can pursue them after completing their 10+2 in any stream.  

2) Post-graduate (PG)

Some of the popular master courses under the commerce discipline include M.Com or MBA. These are full-time courses with a duration of 2 years and the students can pursue them after completing their undergraduate degree in commerce. 

3) PhD 

PhD is a doctorate level degree and the students can pursue it after their post-graduation in commerce discipline. 

Please note, eligibility for various courses under commerce discipline differs across institutes. Therefore, before applying the students can confirm the same through the Institute Search page. 

Branches of Commerce: 

Commerce discipline incorporates many branches and a handful of options provided by Study in partner institutes are mentioned below.

Accounting & Finance

Business Studies

Financial Services

Actuarial Management 

Computer Applications

Insurance, Banking and Finance

Advanced Cost and Management Accounting

Economics 

International Accounting 

Auditing & Taxation

Entrepreneurship and International Trade

Investment Management 

Banking and Taxation

Financial Markets 

Marketing 

Healthcare Economics 

Human Resource 

E-commerce 


However, some of the popular branch choices under commerce discipline include: 

  1. Accounting and Finance 

Accounting and Finance revolve around the study of money, management, and business. Further, the term accounting refers to information analysis of different aspects of business whereas finance is only concerned with money-related information. Accounting and finance are good choices for students who enjoy mathematics. Other specializations related to it include financial analysis and control, financial markets, financial services, international accounting, professional accounting, etc.  

  1. Banking and Insurance

Banking and insurance is a fast-evolving field wherein banks support all transaction-related activities and insurance is one of the prime financial services in the modern world. The students are taught to handle or operate financial activities related to the banking and insurance sectors. In addition to it, they are also trained in bank management, investing, and public or private banking. 

  1. Business Studies  

Business Studies is one of the main subjects of commerce discipline. It deals with the organization and operation of businesses or enterprises. Generally, the students are taught about features, structure, functioning, marketing, operations management of a business or a company. Other specializations related to it include business analytics and business process services. 

  1. Computer Application

Computer Application (under commerce discipline) involves the study of software technology application and its usage. The students are taught a wide range of subjects such as Introduction to Programming, Operating System, Programming in Java, Database Management Systems, Computer Networks, etc. Other specializations related to Computer Applications include information systems and information technology. 

  1. Economics 

Economics is one of the popular subjects of commerce. It is broadly classified into two categories, microeconomics, and macroeconomics. Microeconomics is concerned with how companies, buyers, and sellers operate, macroeconomics is concerned with the analysis of global economies, economic growth, monetary policies, inflation, unemployment, etc. Other specializations related to it are applied economics, financial economics, health economics, etc. 

  1. Marketing 

Generally, marketing refers to the process of telling the value of products or services to the customers. The students are taught to analyze the demand for the products or services of an organization and ways to popularize their unique selling points by understanding the target audience. 

  1. Actuarial Science  

Actuarial Science has gained popularity in recent years and it involves the study of methods used to assess the risks in the finance and insurance sectors. The students are taught quantitative and non-quantitative methods of risk management, ways to conduct computer-assisted research as well as data analysis in the field of finance and insurance. 

Career Options: 

After pursuing a degree in the field of commerce the students can choose from a mixed bag of career options. Some of them are mentioned in the table below. 

Chartered Accountant

Company Secretary

Financial Manager

Human Resource Executive/ Manager

Banker

Business Development Executive 

Auditor

Accountant 

Insurance Consultant

Finance Consultant

Operations Manager

Teacher 

Sales Executive/Manager

Market Research Analyst

Business Consultants


Frequently Asked Questions: 

1)  What are the advantages of pursuing a degree in Commerce? 

A Commerce degree helps the students to gain an understanding of major functions of the country’s economy like industry, business, finance, banking and trade. Major field of study under Commerce includes structure and functioning of business organization, the principle of marketing, principles of management, operations management, human resource management, finance & banking, impact national and international agencies on business. 

2) What is the eligibility for taking admission in Commerce courses?

The minimum eligibility requirement for pursuing an undergraduate degree in Commerce is 10+2, for a postgraduate degree, it is bachelors and for a PhD degree, it is masters. However, you should check the specific eligibility criteria at the time of applying.

3) Top 10 career options after pursuing a Commerce course? 

  • Investment Banker 

  • Cost Accountant 

  • Financial Analyst

  • Business Consultant 

  • Operations Manager

  • Sales Executive/Manager

  • Insurance Consultant

  • Market Research Analyst

  • Chartered Accountant 

  • Tax Consultant 

4) How can I get admission to the Commerce courses in India?

International students looking to apply for Commerce courses in India can register themselves with the Study in India Programme and follow the application process. 

5) What are the specializations that I can opt for, under Commerce?

Some popular branches of Commerce include: 

  • Accounting & Finance

  • Business Studies 

  • Insurance, Banking, Finance

  • Economics

  • Auditing & Taxation

  • Entrepreneurship & International trade

  • Marketing

  • E-commerce 

  • Human Resource

  • Advanced Cost & Management Accounting

6) What is the duration of B.Com, M.Com, BBA, MBA?

The duration of Commerce courses depends on different program levels. For B.Com, B.Com (Honours) and BBA it is 3 years whereas for M.Com and MBA it ranges between 1-2 years.

7) Full form of B.Com, BBA, M.Com?

  1. The full form of B.Com is Bachelors of Commerce 

  2. The full form of M.Com is Masters of Commerce

  3. The full form of BBA is Bachelors of Business Administration 

8) Can I pursue an MBA after a B.Com degree? 

Yes, you can pursue an MBA course after obtaining a B.Com degree.

9) What are the specializations in BBA? 

  • Accounting

  • Entrepreneurship

  • Finance

  • International Business

  • Marketing

  • Organizational Management

  • Tourism & Hospitality


10) What does B.Com mostly cover?

The three-year B.Com course mainly focuses on the study of areas related to economics, business law, commerce, accountancy, taxation as well as finance. 

11) Is B.Com a professional course?

No, B.Com is not a professional course but a bachelor’s degree. 

12) Which course is better, B.Com or BBA?

Both B.Com and BBA are three-year bachelor's degrees. Students interested in studying subjects like finance, taxation or accountancy can pursue B.Com whereas students who are interested to gain knowledge about entrepreneurship or business management can pursue BBA.

13) Difference between B.Com and B.Com (Honours) 

B.Com (Honours) provides specialization in specific subjects whereas B.Com degree focuses on an overview of several commerce subjects.

14) Is it possible to pursue M.Com after BBA? 

Yes, you can pursue M.Com after BBA. 

Study in India Partner Institute for COMMERCE COURSES.

No. of Institute :

Amrita Vishwa Vidyapeetham

Location: Coimbatore ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 2456

Andhra University

Location: Visakhapatnam ,Andhra Pradesh
Type: Public
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 591

Ayya Nadar Janaki Ammal College(Autonomous)

Location: Sivakasi ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 57

Bharath Institute of Higher Education and Research (BIHER)

Location: Chennai ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 5340

Bharathiar University,

Location: Coimbatore ,Tamil Nadu
Type: Public
NIRF Ranking: Yes
NAAC Rating: 3.11
No.of Seats: 249

Bharati Vidyapeeth (Deemed to be University)

Location: Pune ,Maharashtra
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 468

Career College

Location: Bhopal ,Madhya Pradesh
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.28
No.of Seats: 581

Chandigarh University

Location: GREATER MOHALI ,Punjab
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.28
No.of Seats: 8798

Datta Meghe Institute of Medical Sciences (Deemed to be University)

Location: Wardha ,Maharashtra
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 478

Farook College (Autonomous)

Location: Kozhikode ,Kerala
Type: Public
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 57

GITAM (Deemed to be University) - Visakhapatnam, Bengaluru and Hyderabad

Location: Visakhapatnam ,Andhra Pradesh
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 8598

Guru Nanak Dev University, Punjab

Location: Amritsar ,Punjab
Type: Public
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 634

Hindustan Institute of Technology and Science (HITS)

Location: chennai ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.30
No.of Seats: 865

Jain University Bangalore

Location: Bengaluru ,Karnataka
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 28413

KALASALINGAM ACADEMY OF RESEARCH AND EDUCATION

Location: Srivilliputhur ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 1015

Kalinga Institute of Industrial Technology (KIIT)

Location: Bhubaneswar ,Odisha
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.48
No.of Seats: 19305

KARPAGAM ACADEMY OF HIGHER EDUCATION

Location: COIMBATORE ,Tamil Nadu
Type: Private
NIRF Ranking: NO
NAAC Rating: 3.33
No.of Seats: 248

Koneru Lakshamaiah Education Foundation (Deemed to be University)

Location: Vaddeswaram ,Andhra Pradesh
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 5386

Kongunadu Arts and Science College

Location: Coimbatore ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 55

LOVELY PROFESSIONAL UNIVERSITY

Location: Phagwara ,Punjab
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 72959

M. E. S. Keveeyam College

Location: Valanchery ,Kerala
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.44
No.of Seats: 23

Maharishi Markandeshwar (Deemed to be University)

Location: Mullana - Ambala ,Haryana
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 2112

MAHARSHI DAYANAND UNIVERSITY

Location: Rohtak ,Haryana
Type: Public
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 245

Manipal Academy of Higher Education (MAHE)

Location: Manipal ,Karnataka
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.30
No.of Seats: 174

Marwadi Education Foundation's Group of Institutions

Location: Rajkot ,Gujarat
Type: Private
NIRF Ranking: NO
NAAC Rating: 3.51
No.of Seats: 7157

NIRMALA COLLEGE ,MUVATTUPUZHA

Location: MUVATTUPUZHA ,Kerala
Type: Private
NIRF Ranking: NO
NAAC Rating: 3.73
No.of Seats: 12

O. P. Jindal Global University,

Location: Sonipat ,Haryana
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 170

Osmania University

Location: Hyderabad ,Telangana
Type: Public
NIRF Ranking: Yes
NAAC Rating: 3.52
No.of Seats: 762

Pandit Deendayal Energy University (PDEU)

Location: Gandhinagar ,Gujarat
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.39
No.of Seats: 480

Presidency College

Location: Bangalore ,Karnataka
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.52
No.of Seats: 200

PSGR Krishnammal College for Women

Location: Coimbatore ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 188

Punjabi University, Patiala, Punjab

Location: Patiala ,Punjab
Type: Public
NIRF Ranking: Yes
NAAC Rating: 3.34
No.of Seats: 224

Rajagiri College of Social Sciences (Autonomous)

Location: Kochi ,Kerala
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.83
No.of Seats: 97

RASHTRIYA RAKSHA UNIVERSITY

Location: GANDHINAGAR ,Gujarat
Type: Public
NIRF Ranking: NO
NAAC Rating:
No.of Seats: 365

Rathinam College of Arts and Science

Location: Coimbatore ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.60
No.of Seats: 495

Sacred Heart College Kochi

Location: Ernakulam ,Kerala
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 126

Sadguru Gadage Maharaj College, Karad

Location: Karad ,Maharashtra
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.63
No.of Seats: 299

Savitribai Phule Pune University (SPPU)

Location: Pune ,Maharashtra
Type: Public
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 192

Shoolini University of Biotechnology and Management Sciences

Location: Solan ,Himachal Pradesh
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 1512

SRM Institute of Science and Technology

Location: Chengalpattu ( Chennai Area) ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 1441

St. Berchmans College (Autonomous)

Location: Kottayam ,Kerala
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 71

St. Teresa’s College, Ernakulam

Location: Ernakulam ,Kerala
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 32

St. Xavier`s College

Location: Kolkata ,West Bengal
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 51

UPES

Location: Dehradun ,Uttarakhand
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 1470

Uttaranchal University

Location: Dehradun ,Uttarakhand
Type: Private
NIRF Ranking: NO
NAAC Rating: 3.30
No.of Seats: 1600

V.O.CHIDAMBARAM COLLEGE

Location: THOOTHUKUDI ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating:
No.of Seats: 19

Vellore Institute of Technology

Location: Vellore ,Tamil Nadu
Type: Private
NIRF Ranking: Yes
NAAC Rating: 3.66
No.of Seats: 1309

The 182 meters tall Statue of Unity located in Gujaratis presently the tallest statue in the world.