BCom Financial Accounting is an undergraduate degree program that offers an in-depth understanding of the financial aspect of modern and traditional accounting. The course curriculum is CBCS approved, and it provides learners with the necessary knowledge and skills to prepare a company's financial accounts, analyze them, and derive conclusions from them in order to curate an organization's financial policies.
In India, the course’s typical duration is 3-4 years, with universities adhering to the old education policy offering it for 3 years and universities that have adjusted the curriculum in accordance with the NEP 2020 offering it for 4 years. The BCom Financial Accounting course fee in India ranges between INR 50,000 - INR 5,00,000 depending upon the university’s affiliation.
As a Bachelor's Level course, the majority of universities' eligibility for the course is merit-based, requiring a minimum of 50% in 10+2 completed from any stream, additionally, in order to establish a standard criteria, a few colleges also evaluate eligibility based on entrance exams. Even though applicants from any stream can enroll for BCom Financial Accounting, some colleges require Mathematics and Accounting as essential courses in 10+2 to be qualified.
Vanita Vishram Women's University, MIT University Shillong, and SNDT Women's University are among the most prestigious BCom Financial Accounting institutes in India with graduates having the opportunities to work as an Accounting Assistant, Audit Assistant, Finance Executive, Finance Manager etc. and earning as much as INR 5 LPA as a fresher and as much as INR 30 LPA as an experienced professional.
Table of Contents
- BCom Financial Accounting Highlights Table
- What is BCom Financial Accounting?
- Why Study BCom Financial Accounting?
- Who should study BCom Financial Accounting?
- BCom Financial Accounting Eligibility Criteria
- BCom Financial Accounting Entrance Exams 2025
- BCom Financial Accounting Colleges in India
- BCom Financial Accounting Admission Process 2025
- BCom Financial Accounting Syllabus
- BCom Financial Accounting Job Opportunities in India
- BCom Financial Accounting FAQs
BCom Financial Accounting Highlights Table
The following are the key highlights of the BCom Financial Accounting degree to provide interested candidates with an insight of what this course has to offer:
What is BCom Financial Accounting?
BCom Financial Accounting program is a comprehensive field of study that combines elements of financing principles and accounting to provide an in-depth understanding of the various methods of generating funds, preparing financial statements, analyzing them to determine an organization's financial position, and drawing observations and conclusions from them to formulate effective financial policies.
Throughout the course study, learners get to enhance their accounting and bookkeeping skills while also learning about the various financial transactions and the techniques that are used to record them in accounting records.
Balance sheets, income statements, and cash flow statements are just a few of the financial statements taught, along with understanding of shares, their methods of issuance, and how the funds generated through them can be effectively utilized by a company. All of these practical disciplines are integrated with a variety of skill enhancement and elective courses to help learners develop the skills they need to succeed in the actual world of business.
Why Study BCom Financial Accounting?
As of 2025, the finance industry is on a tremendous upswing, with many multinational and even national organizations employing experienced and skilled professionals in this field. As a result, with great earning potential and prestigious employment prospects, BCom Financial Accounting is a widely sought-after course for a variety of reasons. These reasons include:
- High income job opportunities: BCom Financial Accounting graduates can build up their professional careers as consultants, finance directors, analysts, and even accountants, all of which are some of the highest paid career opportunities in the corporate world.
- High demand across multiple industries: BCom Financial Accounting graduates are detail-oriented and analytical thinkers who are skilled at handling and analyzing large scale financial data, making them valuable across multiple industries, including banking and accounting, consultancy, and even the FMCG and retail industries.
- Professional career options: Learners who have enrolled or finished the BCom Financial Accounting degree are qualified and equipped with the necessary skills and knowledge to pursue professional courses such as CA, CMA, ACCA, and even CFA and become professional experts in the field.
- Entrepreneurship opportunities: As a BCom Financial Accounting graduate, an individual is equipped with the right analytical, financial management, fund generation, and even financial policy formulation skills, making them suitable for launching and leading their own business endeavor in the most efficient manner.
Who should study BCom Financial Accounting?
As a finance degree, BCom Financial Accounting is suitable for finance enthusiasts looking to build experience in the industry and develop the abilities needed to tackle business challenges and since the course is open to students from different backgrounds, the following types of candidates can be considered ideal for pursuing this:
- Individuals who are proficient at mathematical calculations, as the course requires a lot of them.
- Finance enthusiasts seeking to flourish in the finance industry.
- Individuals who are detail-oriented and have an interest in analyzing vast amounts of financial data.
- Individuals who can deal with stress and pressure under tight deadlines.
- Individuals who can effortlessly obey rules and established standards.
BCom Financial Accounting Eligibility Criteria
Since the majority of colleges in India that offer BCom Financial Accounting have merit-based admission requirements, only a few conduct and accept entrance examinations for the same. The comprehensive breakdown of BCom Financial Accounting eligibility thus is as follows:
- Merit Based: The candidate must have a minimum of 50% score in 10+2 from a recognized board in any stream (Science, Commerce or Arts)
- Entrance Based: The candidate must qualify the necessary entrance exam (CUET UG, IPU CET or AIMA UGAT) and pass 10+2 from a recognized board in any stream (Science, Commerce or Arts)
- Some universities also consider Mathematics and Accounting as mandatory studied subjects in 10+2 while evaluating the eligibility for the course.
BCom Financial Accounting Entrance Exams 2025
Since applicants from all the streams (Science, Commerce or Arts) are welcomed to apply for the BCom Financial Accounting degree in India, standardized university or state level entrance exams are held and accepted by a handful of colleges to evaluate their eligibility for the course. The following is the list of some of the highly acknowledged and recognized BCom Financial Accounting entrance exams as of 2025:
BCom Financial Accounting Colleges in India
The best BCom Financial Accounting colleges in India, along with course fee details, admission procedures, and location, are listed below:
BCom Financial Accounting Admission Process 2025
For the convenience of the candidates who wish to pursue it, the admission process for BCom Financial Accounting at the majority of Indian colleges is extremely simple, direct and completely online. A step-by-step guide of the same at MIT University Shillong is as follows:
Step 1: Register at the MIT University’s official admission portal by visiting https://applicationmitu.extraaedge.com and providing the correct personal details (Name, Mobile Number, Email Address City and Course chosen - BCom Financial Accounting)Step 2: Verify the email address provided and begin filling out the application form available on the dashboard by verifying the personal information provided in the first step and by providing any additional information requested.
Step 3: Provide all academic history information as requested, together with the necessary academic and personal documents.
Step 4: Pay the non-refundable application fee to complete and submit the application to the university.
Step 5: The university reviews all applications received and shortlists individuals based on their 10+2 scores.
Step 6: If shortlisted, the candidate receives an admission letter through his/her registered email address and is asked to pay the first semester fee within a strict deadline to confirm a seat in the course.
Documents Required:
- 10th and 12th marksheets
- Government issued ID (Aadhar Card, PAN card, passport etc.)
- Passport-size photographs.
- Digital Signature
- Transfer Certificate
- Character Certificate
- Migration Certificate.
- Caste and income certificates (If applicable).
BCom Financial Accounting Syllabus
BCom Financial Accounting syllabus includes a blend of elective, skill enhancement, ability enhancement and value education courses spread across 3 years of course study. To increase the effectiveness of the program, the university even offers multiple subject options under each category to choose from, with the students enrolled being solely responsible for making their choice without any intervention from the university.
The semester-wise division of BCom Financial Accounting subjects at SNDT’s Women University thus is as follows:
BCom Financial Accounting Job Opportunities in India
BCom Financial Accounting Degree graduates are well-equipped with the industry-relevant financial knowledge and abilities, making them highly employable in a variety of job roles and at various leading companies. A few of the leading BCom Financial Accounting job opportunities are mentioned below, along with their average salary packages and top recruiters.
BCom Financial Accounting FAQs
Can BCom Financial Accounting graduates get a job in the IT industry?
Yes, BCom Financial Accounting graduates are in high demand, especially in the IT sector, due to their strong comprehension of analytical thinking skills, corporate ethics, financial policies, and even bookkeeping skills. Some of the job options for this course graduates in the IT sector include being a business, financial, or data analyst.
Which courses can one pursue after BCom Financial Accounting?
Although most BCom Financial Accounting graduates in India usually go for an MBA in finance or other disciplines like marketing or business analytics, or an MCom degree, they are also qualified enough to enroll in professional finance courses like CA, CMA, ACCA, or CFA if they wish to work in a professional career field.
What are the entry-level finance sector jobs for BCom Financial Accounting graduates and their average salaries?
For BCom Financial Accounting graduates, the typical entry-level roles include being an accounting assistant, audit assistant, tax consultant, finance associate, analyst or finance executive. The typical average salaries for these roles range between INR 2.5-5 LPA.
What is the difference between BCom Accounting and BCom Financial Accounting?
BCom Accounting and BCom Financial Accounting differ in terms of their scope. While BCom Financial Accounting only covers one branch of accounting, Financial Accounting, it is slightly more limited in scope than BCom Accounting which focuses on all of the different accounting branches, including cost accounting, management accounting, and even financial accounting.
Is BCom Financial Accounting tough for someone who is not good at Maths?
BCom Financial Accounting is not entirely about Maths, rather, it is about the basic arithmetical calculations such as addition, subtraction, division, and multiplication, therefore even if an individual is not excellent at maths, he must be capable of performing these basic calculations in order to follow the course and find it manageable.
What is the difference between a BCom degree and a BCom Financial Accounting degree?
A BCom degree is more of a comprehensive degree that includes basic commerce subjects such as Business Ethics, Accounting, Mathematics, or Marketing, however, a BCom in Financial Accounting is more of a specialized course in the Financial Accounting field whose curriculum is only designed to include the financial aspect of accounting, financial transactions, their techniques of reporting, preparation of financial statements, and ultimately their efficient use to formulate policies.
