Summary

Summary

In today’s globalized economies, careers in Commerce, Finance & Economics can be very fascinating as well as rewarding. Commerce includes exchange of goods and services between two entities – be it individual, multinationals or entire nations. Finance, contrarily, refers to the movement and exchange of money and its study. Economics is a broad field of study that deals with everything related to creating wealth. Careers in this arena require expertise and considerable hard work. The nature of these jobs is forever evolving. Persons need to constantly learn and change with the time. Since, the job profiles are very dynamic and demanding, the salary packages of these professionals are comparatively higher. It is also a very respectful service, with decent working hours in most cases. It is an ‘in demand’ profession both in government and private sector.

Career Prospects

There a plethora of employment options for a student of Commerce, Finance & Economics in almost every sector such as auditing, accounting, banking, finance, consultancy, stock-broking, etc.

  • Audit & Taxation
  • Commercial Banking
  • Corporate Finance
  • Cost Accountant
  • Economist
  • Equity Research
  • Financial/ Credit Analyst
  • Financial Advisor/ Planner
  • Government Advisor
  • Indian Economic Services
  • Insurance underwriter
  • Investment Banker
  • Portfolio Manager
  • Private Equity
  • Venture Capital
  • Statistician
  • Stock Broking
  • Wealth Management

Stream & Eligibility

To pursue a career in Commerce, Finance & Economics a student should clear the below given eligibility criteria*

Streams applicable (post-10th)

  • ARTS/ HUMANITIES
  • COMMERCE
  • NON-MEDICAL
  • MEDICAL
  • Minimum 45-55% in class 10th and/or 12th Board examinations from CBSE or an equivalent board
  • It is compulsory to qualify Class 12th examinations for further admission process
  • Most of the colleges conduct entrance exams and consider both merit and entrance exam score for admission to varied courses
  • Few colleges may require Mathematics as Compulsory Subject or give higher weightage to Mathematics
  • Few colleges may also have a criterion for maximum age of up to 23-25 years.
* For specific courses, kindly refer to the respective college website for eligibility criteria and other details.

Courses/Specialization

Mentioned below are a number of courses or specializations that are applicable for Commerce, Finance & Economics:

Courses

  • Bachelor of Commerce (B.Com)
  • Bachelor of Commerce (Hons.) (B.Com. Hons)
  • B.A. (Economics)
  • B.A. (Applied Economics)
  • B.A. (Business Economics)
  • B.A. (Econometrics)
  • B.Sc. (Actuarial Sciences)
  • B.Sc. (Economics)
  • B.Sc. (Finance)
  • B.Sc. (Statistics)
  • Bachelor in Financial Accounting (BFA)
  • Bachelor in Business Administration (BBA)

Specialisations

  • Chartered Accountancy (CA)
  • Certified Actuary
  • Certified Credit Research Analyst (CCRA)
  • Certified Finance Analyst (CFA)
  • Certified Financial Planner (CFP)
  • Certified Investment Analyst (CIA)
  • Certified Investment Broker (CIB)
  • Certified Public Accountant (CPA)
  • Certified Stock Broker (CSB)
  • Company Secretary (CS)
  • Cost & Works Accountant (CWA)
  • Financial Risk Management (FRM)
  • NSE/ BSE Certifications

Skill set/ Interests

Professions related to Commerce, Finance & Economics, require the following skills & traits:

  • Data crunching
  • Analytical Ability
  • Commercial wisdom
  • Innovative thinking
  • Relationship Management skills
  • Good Communication skills
  • Discipline & Diligence in work
  • Strong Conceptual understanding

Major Entrance Exams

DU-JAT(DU - Joint Admission Test)

Delhi University (DU), Delhi

www.du.ac.in

UGAT(Under Graduate Aptitude Test)

Conducted by the AIMA

www.aima.in

JMI-ET(JMI Entrance Test)

JamiaMilliaIslamia, New Delhi

www.jmi.ac.in

AU-MAT(Alliance Undergraduate Management Aptitude Test)

Alliance School of Business

www.alliance.edu.in

CUET(Christ University Entrance Test)

Christ University, Bangalore

www.christuniversity.in

NPAT(National test for Programs After Twelfth)

Narsee Monjee, Mumbai

www.npat.in/commerce.php

SET(Symbiosis Entrance Test)

Symbiosis School of Economics, Pune

www.set-test.org

JSAT(Jindal Scholastic Aptitude Test)

O.P. Jindal Global University

www.jgu.edu.in

BHU-ET(BHU Undergraduate Entrance Test)

Banaras Hindu University (BHU), Varanasi

www.bhu.ac.in

CPT-CA(Common Proficiency Test for CA)

Institute of Chartered Accountants of India

www.icai.org

CSEET(CS Executive Entrance Test)

Institute of Company Secretaries of India

www.icsi.edu/cseet

ACET(Actuarial Common Entrance Test)

Institute of Actuaries of India (IAI)

www.actuariesindia.org

Top Colleges in India

Some of India’s top colleges for pursuing B.Com are listed below along with the Entrance exams they conduct or accept as admission criteria:

College / University Entrance Exam Website
Sri Ram College of Commerce(SRCC) -Delhi Based on 12th Marks www.srcc.edu
Hindu College, New Delhi Based on 12th Marks www.hinducollege.ac.in
Lady Shriram College for Women (LSR) - Delhi Based on 12th Marks www.lsr.edu.in
Hansraj College, New Delhi Based on 12th Marks www.hansrajcollege.ac.in
Banaras Hindu University, Varanasi BHU-UET www.bhu.ac.in
St. Stephen’s College, New Delhi Based on 12th Marks www.ststephens.edu
Ashoka University, Sonipat AAT/ SAT www.ashoka.edu.in
Alliance University, Bangalore AU-MAT www.alliance.edu.in
Banaras Hindu University (BHU), Varanasi BHU-UET www.bhu.ac.in
Christ University, Bangalore CUET www.christuniversity.in
Delhi University (DU), Delhi DU-JAT www.du.ac.in/du
Jamia Millia Islamia (JMI), New Delhi JMI-ET www.jmi.ac.in
O.P. Jindal Global University (JGU), Sonepat JSAT/ SAT www.jgu.edu.in
Narsee Monjee, Mumbai NPAT www.nmims.edu
Symbiosis School of Economics, Pune SET www.sse.ac.in

Top Colleges in Himachal Pradesh

Given below is a list of top colleges of Himachal Pradesh providing courses in B.Com:

College / University Entrance Exam Website
APG Shimla University, Shimla Based on 12th Marks www.agu.edu.in
Arni University, Kangra Based on 12th Marks www.arni.in
Bahra University, Solan Based on 12th Marks www.bahrauniversity.edu.in
Eternal University, Sirmaur Based on 12th Marks www.eternaluniversity.edu.in
Government College, Dharamshala Based on 12th Marks, Written Test for BBA www.gcdharamshala.ac.in
Government Degree College Sanjauli, Shimla Based on 12th Marks www.gcsanjauli.com
Indus International University, Una Based on 12th Marks www.iiuedu.in
Maharaja LakshmanSen Memorial College Based on 12th Marks www.mlsm.in
Manav Bharti University, Solan MBU Entrance Test www.manavbhartiuniversity.edu.in
Rajkiya Kanya Maha Vidyalaya (RKMV) Shimla Based on 12th Marks www.rkmvshimla.nic.in
Shoolini University, Solan Based on 12th Marks, Entrance Test for BBA www.shooliniuniversity.com
St. Bede’s College, Shimla Based on 12th Marks www.stbedescollege.in
Maharaja Agrasen University Based on 12th Marks www.mau.ac.in

Important Facts