B.Com Hons Accountancy is a 3-year undergraduate program that deals with accounting principles, financial management, taxation, auditing, and corporate finance. B.Com Accountancy is a prevalent choice among Indian students aiming for professional certifications like CA, CS, CFA, and CMA. It is usually considered a stepping stone for professional certifications, and as per India Today 2023 survey news, approximately 84% of the finance and accounting students in India are actively pursuing professional certifications.
The students who have passed 10+2 are eligible to apply for the course. The admission process is based on the merit of class 12th or through entrance examinations, followed by an interview. There are national-level entrance examinations like CUET-UG that are considered by the institutes for B.Com admission. Some institutes conduct their entrance examinations. The course fees range between INR 37,000 to INR 85,000 per semester.
After completion of the course, the graduates are eligible to apply for jobs in a variety of sectors like banking, insurance, taxation, corporate finance, consultancy, etc. Some of the job roles they can apply for are Accountant, Financial Analyst, Tax Consultant, Cost Consultant, Accounts Manager, etc. The average package may range between INR 2.29 - 5.36 LPA.
- B.Com Hons. Accountancy Highlights
- What is B.Com Hons. Accountancy?
- Why B.Com Hons. Accountancy?
- B.Com Hons. Accountancy Admission Process
- B.Com Hons Accountancy Eligibility
- B.Com Hons Accountancy Entrance Examination
- B.Com Hons Accountancy Syllabus
- B.Com Hons Accountancy Colleges
- B.Com Hons. Accountancy Comparison in Loyola College Vs Christ University Vs St. Joseph’s College of Commerce
- B.Com Hons. Accountancy Career & Jobs
- B.Com Hons. Accountancy Future Scope
- B.Com Hons. Accountancy FAQs
B.Com Hons. Accountancy Highlights
Some of the basic details of B.Com Hons Accountancy are as follows:
| Particulars | Course Details |
|---|---|
| Course Name | B.Com Hons Accountancy |
| Duration | 3 years |
| Eligibility | 10+2 with 50% marks in aggregate |
| Admission Process | Merit-based/ Entrance-based |
| Entrance Examinations | CUET-UG, Christ University Entrance Test, St. Joseph’s Commerce Aptitude Test |
| Top Universities | Loyola College, Chennai, Madras Christian College, Christ University, St. Joseph’s College of Commerce, etc. |
| Average Course Fees | INR 50,000-4,00,000 |
| Average Salary Package | INR 3-6 LPA |
| Job Options | Accountant, Financial Analyst, Tax Consultant, Cost Accountant, Accounts Manager, etc. |
What is B.Com Hons. Accountancy?
B.Com (Hons) Accountancy is an advanced undergraduate program that provides students with a strong foundation in accounting, finance, and business principles
- B.Com (Hons) Accountancy is a 3 - 4 year program that provides students with in-depth knowledge of accounting principles, standards, and practices.
- The course curriculum will include topics like Cost Accounting, Financial Accounting, Business Law, Taxation, Economics, Management Accounting, etc, preparing students for roles in finance, accounting, and auditing sectors.
- The course will train the students to analyze financial statements and assess the company's financial health. The students will also gain a broader understanding of economics, business law, and corporate governance.
- The course will provide a solid foundation for careers in Chartered Accountancy (CA), Cost and Management Accountancy (CMA), or Certified Public Accountant (CPA).
Why B.Com Hons. Accountancy?
B.Com Hons Accountancy is an excellent course for those who are interested in building a career in finance, accounting, taxation, and corporate management. Let’s look at the advantages of pursuing this course:
- Diverse Career Options - The B.Com (Hons) Accountancy opens up diverse career paths in sectors like banking, insurance, taxation, corporate finance, consultancy, etc. Graduates are eligible to apply for entry-level jobs in diverse sectors.
- Gateway for Professional Certifications & Government Jobs - The course provides a strong base and also opens up doors for pursuing globally recognized qualifications like CA, CMA, CS, and CFA. The course also fulfills the eligibility criteria for pursuing government jobs in positions like Accountant, Tax Assistant, or Financial Analyst.
- High Demand - Every business requires accountants and financial experts to deal with their finances, taxes, and compliance. Thus, there is a continuous demand for accountancy graduates, particularly those with professional certifications. According to India Today 2023 news article, around 84% of students specializing in finance and accounting pursue industry certifications such as CFA, CPA, and others.
- Competitive Salary - The accountancy graduates can have competitive starting packages, especially with the relevant certifications or experience. They also have the scope to grow into high-paying job roles like Financial Analyst, Tax Consultant, or Auditor.
B.Com Hons. Accountancy Admission Process
The admission process for B.Com (Hons) Accountancy varies across institutions, with selections made based on academic performance or entrance examinations.
- Admission to the B.Com Hons Accountancy course is either based on the merit of 10+2 scores or based on national-level entrance exams like CUET or through institute-conducted entrance examinations.
- Some of the colleges may also conduct an interview process, along with or without the entrance examination to shortlist the candidates.
B.Com Hons Accountancy Eligibility
The candidates interested in applying for admission to the B.Com Hons Accountancy program should fulfill the following eligibility criteria:
- The candidates should have passed 10+2 from ICSE, CBSE, State Board, or any other equivalent board with at least 50% marks.
- The candidates should have Commerce, Business Studies, Accountancy, Economics, Computer Science, Mathematics, Business Mathematics, or Statistics as one of the subjects in 10+2.
B.Com Hons Accountancy Entrance Examination
Some of the entrance examinations that the candidates can appear for are as follows:
| National-level Entrance Examination | ||
|---|---|---|
| Exam Name | Registration Date | Exam Date |
| CUET-UG 2025 | March 01 - 22, 2025 | May 08 - June 01, 2025 |
| Institute-level Entrance Examination | ||
|---|---|---|
| Exam Name | Registration Date | Exam Date |
| Christ University Entrance Test | Dec 08, 2024 - Mar 27, 2025 | April 06, 2025 |
| St. Joseph’s Commerce Aptitude Test (SCAT) | Till March 28, 2025 | April 03, 2025 |
B.Com Hons Accountancy Syllabus
The table below shows the syllabus for B.Com Accounting & Finance at Loyola College, Chennai.
| Semester 1 | Semester 2 |
|---|---|
| Language Paper-I | Language Paper- II |
| English - I | English Paper -II |
| Financial Accounting | Advanced Financial Accounting |
| Financial Planning & Performance | Financial Analytics & Control |
| Business Statistics | Elements of Operations Research |
| Basic Tamil / Advanced Tamil | Internship |
| Soft Skill - I | Basic Tamil / Advanced Tamil |
| - | Soft Skill-II |
| Semester 3 | Semester 4 |
| Corporate Accounting | Advanced Corporate Accounting |
| Strategic Financial Management-I | Strategic Financial Management II |
| Financial Reporting | Principles of Management |
| Principles of Marketing | Data Analytics in Finance & Accounts |
| Business Mathematics /Business Economics | Entrepreneurial Development/Business Environment |
| Environmental Studies | Internship-II |
| Soft Skill-II | Environmental Studies |
| - | Soft Skill |
| Semester 5 | Semester 6 |
| Practical Auditing | Management Accounting |
| Cost Accounting | Banking Theory Law & Practice |
| Corporate & Business Law | Income Tax Law and Practice |
| Data Analytics in Finance And Accounts II | Emerging Technologies in Finance |
| Robotic Process Automation Fundamentals | Capital Markets /Financial Services |
| Value Education | Internship -III |
B.Com Hons Accountancy Colleges
Some of the top B.Com colleges, according to India Today Ranking 2024, that offer B.Com Hons Accountancy courses are as follows:
| India Today Ranking 2024 | Institute Name | Admission Process | Course Fees |
|---|---|---|---|
| 6 | Loyola College, Chennai | Merit-Based | INR 3,40,000 |
| 7 | SVKM’s Narsee Monjee College of Commerce & Economics | Merit-Based | INR 55,000 |
| 10 | Madras Christian College | Merit Bases | INR 84,000 |
| 11 | Christ University | Entrance Test | INR 1,50,000 |
| 13 | St. Joseph’s College of Commerce | SCAT + Subject Knowledge Interview + Personal Interview | INR 5,50,000 |
| 15 | Mithibai College of Arts, Chauhan Institute of Science and Amrutben Jivanlal College of Commerce and Economics | Merit-based | INR 55,000 |
| 23 | Stella Maris College, Chennai | Merit-based + interview | INR 1,50,000 |
| 28 | Women’s Christian College | Merit-Based | INR 2,00,000 |
| 37 | St. Xavier's College Ranchi | Entrance Test | INR 80,000 |
| 38 | Symbiosis College of Arts & Commerce | Merit-Based | INR 3,00,000 |
B.Com Hons. Accountancy Comparison in Loyola College Vs Christ University Vs St. Joseph’s College of Commerce
A comparison among the top 3 institutes that offer B.Com Hons Accountancy program is as follows:
| Particulars | Loyola College | Christ University | St. Joseph’s College of Commerce |
|---|---|---|---|
| India Today Ranking 2024 | 6 | 11 | 13 |
| Course Offered | B.Com Accounting & Finance | B.Com Accountancy & Taxation | B.Com International Accounting & Finance |
| Duration | 3 years | 3 years | 3 years |
| Eligibility | 10+2 with Commerce/ Business Studies/ Economics/ Computer Science/ Mathematics/ Business Mathematics/ Statistics. | 10+2 with Commerce Stream and minimum 70% marks from any recognized board | 10+2 in any stream from any recognized board |
| Admission Process | Merit-based | Entrance Test | SCAT + Subject Knowledge Interview + Personal Interview |
| Course Fees | INR 3,50,000 | INR 1,50,000 | INR 5,60,000 |
| Average Package | INR 6.34 LPA | - | INR 3.5 - 4.5 LPA |
| Highest Package | INR 22.5 LPA | - | INR 10 LPA |
| Top Recruiters | Deloitte, KPMG, EY, McKinsey & Company, Barclays, etc. | - | Goldman Sachs, EY, KPMG, Morgan Stanley, Pwc. etc. |
B.Com Hons. Accountancy Career & Jobs
After completion of B.Com Hons Accountancy program, the graduates are eligible to apply for various jobs roles in sectors like banking, insurance, taxation, corporate finance, consultancy, etc. They can also prepare for professional certifications like CA, CS, CFA, CMA, etc.
As per Payscale, the average salary of some of the job roles available after B.Com (Hons) Accountancy are as follows:
| Job Roles | 0 - 1 year | 2 - 4 years | 5 - 9 years | 10 - 19 years | 20+ years |
|---|---|---|---|---|---|
| Accountant | INR 2.29 LPA | INR 2.48 LPA | INR 3.28 LPA | INR 3.73 LPA | INR 4.1 LPA |
| Financial Analyst | INR 3.88 LPA | INR 4.93 LPA | INR 6.67 LPA | INR 9.28 LPA | INR 19.5 LPA |
| Tax Consultant | INR 5.36 LPA | INR 5.67 LPA | INR 7.8 LPA | INR 8 LPA | INR 6.05 LPA |
| Cost Accountant | INR 5.01 LPA | INR 5.93 LPA | INR 7.5 LPA | INR 14.15 LPA | INR 13 LPA |
| Accounts Manager | INR 3.57 LPA | INR 5.2 LPA | INR 6.96 LPA | INR 7.55 LPA | INR 7.64 LPA |
B.Com Hons. Accountancy Future Scope
After completion of B.Com Hons. Accountancy graduates have options to take up jobs in core accountancy & finance roles, can prepare for certification-based roles, prepare for government jobs, or go for higher studies.
- Jobs - The graduates can apply for entry-level job roles in areas like accounting, finance, taxation, banking, and auditing. As an entry-level candidate, the average package can range between INR 3 - 6 LPA.
- Professional Certification-based Roles - The graduates can be prepared for professional certification-based roles like Chartered Accountant (CA), Certified Management Accountant (CMA), Company Secretary (CS), and Chartered Financial Analyst (CFA).
- Government Jobs - Graduates can prepare for government exams like UPSC, SSC, etc, for government job roles like Accounts Officer, Tax Assistant, and Clerical & Officer-level jobs in banks & PSUs.
- Higher Studies - Graduates looking for higher studies can pursue M.Com and continue to specialize in accountancy, or can pursue an MBA and understand how accounts are managed in businesses.
B.Com Hons. Accountancy FAQs
What is the career scope for B.Com Accountancy?
After completion of B.Com Accountancy, the candidates can apply for jobs in a variety of sectors like banking, insurance, taxation, corporate finance, consultancy, etc. Some of the job roles available for them are Accountant, Financial Analyst, Tax Consultant, Cost Consultant, Accounts Manager, etc.
Can we pursue B.Com Accountancy without maths?
Yes, it is possible to have B.Com accountancy without maths in class 12. There are many institutes where maths in class 12th is not mandatory. Some of the institutes include Christ University, Loyola College, and Madras Christian College, etc.
What is the entry-level salary one can expect after B.Com Accountancy?
The B.Com Accountancy graduates can expect an entry-level salary range between INR 2 LPA to INR 5 LPA. The candidates can increase their salary with experience by pursuing higher education, or by pursuing professional certifications.
What are the key skills required for a career in accountancy?
Strong analytical and numerical abilities are necessary for a job in accounting to effectively manage financial data. Report preparation, auditing, and guaranteeing adherence to financial regulations all need meticulous attention to detail.
