B.Com or B.Com (Hons): Which is better?
B.Com or B.Com (Hons), which one should I choose for my graduation? A widely asked question.
A student often gets confused between these two courses- B.Com or B.Com (Hons), and it is totally normal to be unaware of the differences between these two courses.
This article will help you make your mind up about which course is more suitable for you and why you should do it.
Both of these courses are usually pursued by students who have a keen interest in commerce and want to learn more in the same field.
However, it does mean that this course is only for commerce-background students. It can be pursued by anyone, provided that you have some certain subjects in your 10+2 for the admission process.
Let us dig deeper into both the courses and find out the differences.
B.Com (Hons)
B.Com (Hons) is one of the most commonly pursued courses of all. Students that are from a commerce background, usually, get inclined towards this course.
Eligibility-
- A student must have passed his/her 10+2 from a recognized board of a country in order to pursue B.Com (Hons)
- He/she should have Mathematics as a subject in 10+2 and pass it with at least 50% aggregate score
- He/she must have passed in one of the following subjects- Accountancy, Business Studies, Mathematics, or Economics at an intermediate level.
This degree makes having Mathematics as a subject compulsory because of the syllabus of this course involves good knowledge of Mathematics.
However, there are universities which offer B.Com (Hons) to those students as well who do not have Mathematics as a subject in their 10+2. But it is recommended that you pursue it only if you have good knowledge of Mathematics.
B.Com (Hons) degree can be very useful in the commerce industry. It gives you knowledge that you require to be able to deal with business operations.
It provides one with ample skills to join a Finance or Banking institute. Or if interested, one can also study further and pursue M.Com or MBA from any recognized university.
With the basic knowledge of business and accounting, one can also begin with their own business startup. Many entrepreneurs get motivated to start their own firm after getting suitable skillset required for it.
The scope of this course is very wide and intriguing. One can even go for Chartered Accountancy and Company Secretary-ship after completing this course.
The course of this degree is a bit different from normal B.Com degree. It includes Mathematics as a core subject.
The syllabus of this course is vast and erudite. It offers integrated learning in the basics of Finance, Accounting, Business, and Economics.
It provides the required knowledge of most commerce-related concepts and prepares a student to step into the industry directly.
B.Com (Hons) degree has more value in the market as compared to general B.Com degree. It is said to get you a step closer to your dream job than the regular course.
These are the four main areas of interest for a B.Com (Hons) graduate- Marketing, Accounting, Banking, and Finance.
These fields offer numerous job options that a student can consider.
Some job profiles you can consider after completing graduation in B.Com (Hons)- Assistant Accountant, Business Analyst, Cashier/Teller, Finance Manager, Investment Banker, Market Analyst, Marketing Manager, Personal Finance Consultant, Risk Analyst, Securities Analyst, Company Secretary, Finance Analyst, and so on.
Let us now see the B.Com program and its components.
B.Com Program
Bachelor of Commerce (B.Com) is a graduation degree in commerce and connected subjects. Under this course, a wide range of managerial skills is provided to the students.
Their understanding of various subjects of commerce streams like Accounting, Economics, Finance, Taxation, Management, and Insurance is improved in this course.
The Bachelor of Commerce is designed in such a way that the students are able to develop business acumen, analytical skills, financial literacy, and managerial skills.
The students can study topics like management, accounting, economics, business law, information systems and more. This course can facilitate the building of knowledge in certain areas of commerce.
Students will also learn accounting principles, economic policies, export and import law, and other aspects which tends to impact business and trade.
The major difference between B.Com and B.Com (Hons) is that B.com imparts knowledge in the overview of the subjects and does not specialize in particular subjects.
Whereas, Hons course aims to provide in-depth knowledge of the concerned subjects and related terms.
The industry values the Honors course more than a simple B.Com degree. If one has pursued graduation in B.Com Program then it is recommended that he/she should pursue higher studies in a specific field or pursue an MBA or M.Com.
B.Com course is a program with a course structure designed to make students familiar with the various aspects of the commerce domain. They will learn how business and trading is done.
Whereas, those pursuing the course of B.Com (Hons) have a business-oriented course structure designed to develop their business skills and provide them in-depth knowledge of the field. For those wanting to pursue a career in Chartered Accountancy, B.Com (Hons) course would prove to be very advantageous.
Students have a lot of job options they can choose from after pursuing a degree in B.Com, however, the salary packages arent very remunerative.
Newbies can expect salary packages up to Rs.10,000-20,000 per month. Whereas, for those from B.Com (Hons) course, the industry offers them quite good salary packages.
Since the course is highly valued by the industry officials, fresh graduates can expect a salary of around Rs.25,000 to 45,000 per month at entry-level jobs.
Also, the salary options may vary depending upon the college you have graduated from and how well it is recognized in the particular course.
Although the field of study for both the programs is the same,B.Com and B.Com (Hons) are different when it comes to the approach of learning. Commerce aspirants must pick the courses carefully as both the courses have different values in the market and offer a different level of opportunities. Following is all you need to know about both these courses.
Although the field of study for both the programs is the same, B.Com and B.Com (Hons) have different approaches when it comes to learning.
Students willing to make a career in commerce industry must pick the courses carefully as both the courses have different values in the market and offer different levels of opportunities.
We hope that all the above-mentioned points have made it clear for you that which is a more suitable option for you.