What is an B Com online course? Explained How BCom Works in 2024

...

What is an online BCom Course

Bachelor of Commerce (online BCom) is a three-year undergraduate curriculum that is offered online. It is intended to develop the competencies and abilities needed to excel in the business world and land well-paying employment. Learners will be able to arm themselves with a working grasp of economic policies, export and import legislation, accounting concepts, and other critical areas that impact trade and commerce through this curriculum. 

It's popular among commerce students because it offers flexibility, allowing them to study from anywhere at their own pace. The course materials are accessible online, including lectures, readings, and assignments. This flexibility is useful for those managing work, family commitments, or other responsibilities.

For CA (Chartered Accountant) aspirants, a B Com online course serves as a foundational step. It provides a strong understanding of commerce-related subjects, aiding in the preparation for CA exams. The course content often aligns with CA syllabi, giving aspirants a head start in their studies.

Additionally, an online BCom degree holds value in the job market. It equips students with practical skills and theoretical knowledge, making them eligible for various roles in accounting, finance, banking, and business sectors.

Overall, the convenience, comprehensive knowledge, and career prospects make online BCom courses highly sought after among commerce students and those aiming for a career in finance and accounting. Aspirants can gain employment readiness from day one and land lucrative positions in a variety of industries and fields by studying from knowledgeable instructors and business professionals from the comfort of their own homes.

After completing online B com courses, one can opt for higher degree courses such as online MBA in various specializations and online M Com.

H3: Advantages of Online BCom Course

Apart from a customized flexible learning experience, affordable fee structure, and zero commuting issues, there are several advantages offered through online B Com courses. 

  • Complete Online Learning: Students enrolled in online B Com courses will receive a 100% online education with no quality compromises, including online enrollment, orientation, lessons, assignments, projects, exams, and placement.
  • Industry Relevant Curriculum :  Gain access to a carefully crafted curriculum covering topics such as company statistics, direct taxes, financial statement interpretation, investment alternatives and mutual funds, international commerce and finance, and entrepreneurial development.
  • Global Networking: Make relationships with experts from a variety of backgrounds and get industry knowledge that will help you navigate the employment market.
  • Job Opportunities : Learn about career options in a variety of sectors, including banking, insurance, e-commerce, consulting, and retail, by gaining the necessary skills and knowledge.
  • Access to Professional courses : Online B Com courses are relevant to finance and accounting, students who desire to be a CA and CS can enroll in the online B Com program as it works as the foundation. 
  • Higher Education Courses : Government job aspirants also claim themselves eligible via grabbing an online B Com undergraduate degree or also are eligible for postgraduate courses such as M Com or MBA. 

H3: In Demand Specialization of Online BCom Course 2024

With the range of specialties offered by BCom online or distance education programs , you may select a course that best suits your interests and professional objectives. See Below for a Few of the Most Well-liked Specializations:

  • BCom in Auditing
  • BCom in Insurance
  • BCom in Accounting
  • BCom in Marketing
  • BCom in Human Resource
  • BCom in Decision Analysis
  • BCom in Law
  • BCom in Banking
  • BCom in Economics
  • BCom in Econometrics
  • BCom in Logistics Management
  • BCom in Information Management
  • BCom in Taxation
  • BCom in Labor Relations
  • BCom in Communication
  • BCom in Management Science
  • BCom in Transport Economics
  • BCom in Politics & Public Policy

Why Online BCom is Popular Among CA Aspirants ?

Candidates will be able to acquire a conceptual understanding of a variety of commerce-related topics, such as accounting, finance, marketing, microeconomics, statistics, and financial accounting, through the BCom course. For students hoping to become chartered accountants, these disciplines are helpful. Additionally, while studying for the CA, B.Com graduates can find work in a variety of industries, including banking, insurance, and taxes.

Building a foundation in accounting and finance—two subjects that are necessary to become a chartered accountant—is facilitated by the B.Com program. Aspiring CAs can benefit greatly from an online B.Com. program since it gives them the freedom to finish the course on their own time, which helps them be ready for the CA test.

Online BCom Eligibility Criteria, Admission Process 2024

To meet the minimum eligibility criteria, the candidate must have completed a 10+2 or equivalent from a recognized national or state board or a 10+2 diploma from a recognized national or state university. The candidate should have a minimum of 40-45% aggregate in intermediate.

Online B Com admissions 2024 - To enroll in online B com courses, you may visit the Education Mitra official website and click on the apply button to register yourself or you may drop your contact details to get a call from an expert to further your admission process. One of the educational experts will get back to you for admission procedures and counseling that will help you choose a better subject and college as per your requirements. Additionally, you may also get help to submit required documents, and pay fees online, and an EMI option is available for those who are not able to pay the entire fee at once. 

Firstly, register yourself on the official website. Fill out the application form along with required documents. Pay the registration/courses fee via online payment method. Wait for the return from university and study material. 

Top Universities for Online BCom and Their Fees 2024

Although India has a large number of online B. Com. colleges, we have included some of the best ones below, along with the minimum eligibility for online admission and the Bcom fee:

Best Online B Com University

Average Fees (INR)

Eligibility

Suresh Gyan Vihar University

13,000

10+2 Graduate or Equivalent

LPUDE Jalandhar

48,000

10+2 Graduate or Equivalent

Swami Vivekanand Subharti University Meerut

10,000

10+2 Graduate or Equivalent

Chandigarh University Online Distance Learning

11,400

10+2 Graduate or Equivalent

Amity Online

30,000

10+2 Graduate or Equivalent

 

If you are confused about which university to choose, you can compare bcom universities for better selection.

Online BCom Program Syllabus

Online Bcom program or Bcom hons subjects:

Semester 1

  • Hindi Language / General English
  • Environment Studies
  • Corporate and Financial Accounting
  • Entrepreneurship and Small Business Management
  • Business Economics

Semester 2

  • English language / General English
  • Human Values and Professional Ethics
  • Business Statistics
  • Business Law
  • Indian Banking and Financial System

Semester 3

  • Basics of Computers
  • Income Tax Practice
  • Cost Accounting
  • Company Law & Secretarial Management
  • Organizational Behavior

Semester 4

  • Communication Skills
  • Management
  • Economics Environment in Rajasthan
  • Element of Financial Management
  • Advanced Accountancy

Semester 5

  • Accounting & Business Statistics
  • Functional Management
  • Rural Development & Cooperation
  • Industrial Laws
  • Elective 1

Semester 6

  • Cost and Management Audit
  • Goods and Services Tax
  • Advertising & Sales Management
  • International Finance
  • Elective 2

What are the Career Opportunities After Online BCom

Accounts and finance is the most important part of any organization doesn’t matter how big or small a company is. Employee salary, company debit and credit, profit and loss, purchase and production, sales, everything is managed and maintained by the accounts department. Thus, the demand for skills B Com graduate professionals increased day by day helping them to maintain a secure job environment along with a high-paying salary. 

Most preferred job opportunities : Tax Consultant , Stock Broker, Working Capital Management, Marketing and Sales, Auditor, Investment Banking, Accounts Manager, Finance Consultant, Banker, Budget Planning, Inventory Control, Merchant Banking, Export-Import Manager, Treasury and Forex Department

Top Recruiters for Online BCom Students  

Typically, the salary range for an online B.com degree holder is INR 3-5 LPA. Years of experience, location, abilities, specializations, organization, etc. are some of the factors that affect a BCom correspondence's salary. 

Top Hiring Firms are : TATA, Reliance Industries Limited, SBI, Yes Bank, Indian Railway, Cadbury, Snapdeal, Nestle

Online or Distance BCom Course, which one is better for you ?

While they both provide flexibility, online and remote B.Com. programs take different approaches. Real-time involvement is fostered through interactive online lessons offered through B.Com programs. Distance B.Com is reliant on physically delivered or internet-accessible self-study resources. While distance learning B.Com. admission may appeal to independent learners used to self-paced study, online B.Com. admission may fit individuals who crave interactive learning. For a more satisfying experience, choose your choice depending on your chosen learning method and level of comfort with technology.

Conclusion

Choosing an online B.Com degree allows for accessibility and flexibility. It lets you study whenever and wherever it fits into your schedule. Finding classes that align with your interests and passions is made easier with the help of websites like Education Mitra's Free Education Counseling. Their direction guarantees that your goals and the curriculum are in line, which improves your educational experience. For ease of use, select an online B.Com., and make use of counseling services to successfully customize your coursework to your interests.

  Faq's (Frequently Asked Question)

Is an Online BCom degree as valuable as a traditional one?

Indeed, the University Grant Commission (UGC) and AICTE have recognized and authorized the online BCom programs, and they are quite beneficial.

Can I work while pursuing an Online BCom degree?

Yes, online and distance courses provide a flexible learning environment that enables you to work and learn simultaneously.

Are there any specific technical requirements for online coursework?

No, you just need to be a 10+2 graduate from a government-recognized board or equivalent.

How are exams conducted in an Online BCom program?

The exams are conducted online for BCom programs. Students can take exams from the comfort of their own homes.

Is financial aid available for Online BCom students?

Usually, the colleges and universities offer numerous financial aids to the students. To know more about the same, get in touch with the Education Mitra counseling team.

Can I interact with professors and classmates in an Online BCom program?

Yes, through online B Com courses, students can connect with teachers and peers through internet. Online classes, forums, and discussions are the sources for interaction.