B.Com Accounting and Finance Subjects, Colleges, Jobs, Salary 2022

A Bachelor of Commerce (B.Com) in Accounting and Finance is a 3-year undergraduate degree program that focuses on the study of accounting and finance concepts and practices. This program typically covers a wide range of topics, such as financial accounting, cost accounting, management accounting, financial management, investment analysis, and tax planning.

The B.Com degree program is designed to provide students with a strong foundation in accounting and finance principles, as well as the technical and analytical skills needed to succeed in the field.

Bachelor of Accounting and Finance graduates may go on to work in a variety of roles in the accounting and finance industry, including roles in public accounting, corporate finance, investment banking, and financial management.

B.Com Accounting and Finance Eligibility Criteria

The eligibility criteria for a B.Com course in Accounting and Finance in India include the following:

B.Com Accounting and Finance Eligibility Criteria	Complete 10+2 or equivalent education from a recognized board with Commerce or Accounts as a major subject.
	Secure at least 55% marks (or specified percentage of marks by college or university) in 10+2 level.
	Meet the minimum cut-off criteria of the college
	Clear the entrance exam, if there is any

Note: Eligibility criteria may vary depending on the specific college or university offering the B.Com program, so it is always best to check with the institution for their specific requirements or visit their official website for more information.

B.Com Accounting and Finance Subjects

These are the core B.Com subjects for an Accounting and Finance program:

• Cost Accounting: Cost Accounting covers various cost accounting methods, such as standard cost, budgeting, and activity-based costing, and the use of cost information in decision-making, such as pricing and budgeting.
• Taxation (Income Tax and GST): Taxation includes the study of laws and regulations related to the taxation of individuals and businesses.
• Financial Accounting: The subject covers the preparation and interpretation of financial statements, as well as the meticulous process of measuring, analyzing, and reporting costs associated with a business.
• Auditing: Auditing covers the process of reviewing and assessing the accuracy and compliance of financial records.
• Financial Management: This subject focuses on the management of a company's financial resources.

Some elective subjects that may be offered in a B.Com Accounting and Finance program are:

• International Accounting
• Financial Statement Analysis
• Advanced Taxation
• Management Control Systems
• Financial Derivatives
• Risk Management
• Corporate Governance
• Financial Modeling
• Financial Technology
• Business Analytics

These elective subjects are chosen by students to enhance their knowledge in a specific area of accounting and finance and to prepare them for certain career paths. The elective subjects offered may vary depending on the specific college or university.

Read More: Types of B.Com Courses and Subjects

Popular B.Com Accounting and Finance Colleges in India

College/University	Course Fees	Average Starting Salary
Narsee Monjee College of Commerce & Economics, Mumbai	₹10,79,000	₹4 lakhs/p.a
Lovely Professional University, Punjab	₹9,52,000	₹5 lakhs/p.a
Jain University, Bangalore	₹1,20,000	₹4.5 lakhs/p.a
Christ University, Bangalore	₹75,000	₹6.85 lakhs/p.a
Pandit Deendayal Petroleum University, Gandhi Nagar	₹2,49,000	₹7.02 lakhs/p.a
Stella Maris College, Chennai	₹29,645	₹4.2 lakhs/p.a
Ethiraj College for Women, Chennai	₹76,000	₹3 lakhs/p.a
Chandigarh University, Chandigarh	₹96,000	₹6 lakhs/p.a
NIMS University, Rajasthan	₹12,000	₹4 lakhs/p.a
St. Andrew’s College of Arts Science & Commerce, Mumbai	₹18,087	₹5-10 lakhs/p.a

B.Com Accounting and Finance Jobs, Career Opportunities and Salary

In this section, you can find out the B.Com Accounting and Finance scope after you complete your graduation.

As a B.Com Accounting and Finance graduate, there is a range of career opportunities that you can pursue in India as well as in other countries as well. Here are some coveted job positions that you can aim for after a degree in BCom Accounting and Finance:

• Financial Accountant: This role involves public accounting, where one may work on audits, taxes, and other accounting tasks for clients, or in private companies, where one may handle financial statements, budgeting, and cost control.

The salary range for an entry-level financial accountant in India with less than 1 year of experience can be between ₹2.5 lakhs to ₹4.5 lakhs per year.

• Financial Analyst: Analysts may opt for investment banking, corporate finance, or other organisations, where they analyse financial data and make recommendations for investments, mergers, acquisitions, or other financial decisions.

The salary range for an entry-level financial analyst in India with less than 1 year of experience can be between ₹3 lakhs to ₹6 lakhs per year.

• Financial Manager: One may work in companies where they manage financial operations and create financial strategies to achieve the organisation's goals.

The salary range for an entry-level financial manager in India with less than 1 year of experience can be between ₹5 lakhs to ₹8 lakhs per year.

• Investment Banker: As an investment banker, you may work in investment banking firms, where you assist companies and governments in raising capital through the sale of securities.

The salary range for an entry-level investment banker in India with less than 1 year of experience can be between ₹5 lakhs to ₹8 lakhs per year.

• Management Consultant: You can explore opportunities working in consulting firms, where you can help companies improve their operations and financial performance.

On average, management consultants in India with professional experience can expect to earn a salary in the range of ₹6 lakhs to ₹15 lakhs per year. 

Conclusion

With a B.Com degree in Accounting and Finance, you can expect to learn a lot about the various nuances of the financial industry. B.Com Finance and Accounts graduates with a strong understanding of accounting and finance concepts and principles are in demand across a wide range of industries, including finance, banking, accounting, consulting, and more.

Admission to a good college or university for a B.Com degree can prepare you for the industry and your future endeavours. 

You can also check out the B.Com programs offered at some of the renowned campuses across India that offer Sunstone benefits. 

Sunstone provides training on a range of industry skills along with advanced industry certifications, admissions assistance, 100% placement support, and much more.