Have you recently graduated from school? What are you planning to do next? If you have a knack for accountancy and number-related subjects, you can pursue a BCom degree. A BCom degree will help you understand the various components of business and significantly impact the industry. 

 

If you cannot pursue a conventional degree for some reason, whether distance, finance or time, you can always opt for an online BCom degree. 

 

In this new era of education, online degrees are gaining popularity due to their convenience. However, online education is not as new as you think. Did you know that online learning has been practised for several years? The first online course was offered in the 1980s! 

 

Still unsure about pursuing your degree online? Take a cue from the famous tennis star and a highly accomplished businesswoman Venus William, who pursued her bachelor's degree online. It allowed her to play tennis professionally as well as continue her education. 

 

Dive in to learn how to enrol in an online BCom course and related details before you start your learning journey. 

What Is an Online BCom Degree?

An online BCom degree is a three-year undergraduate course focusing on the various aspects of commerce and business. It will help you comprehensively understand areas like finance, accounting, business law, economics, marketing, etc.

 

The curriculum has been designed to help you gain the necessary skills and knowledge you will require to build a successful career in the commerce field. This degree offers many career opportunities and has a high growth potential. 

Why Should You Pursue BCom?

The employability of graduates in today's world is on the rise. According to a Statista study, commerce graduates’ employability in India has increased from 42% in 2022 to 60% in 2023. 

 

Have you heard about Deepak Parekh? He is the man behind the giant housing and finance company - HDFC. He also pursued a Bachelor's degree in Commerce, significantly impacting the finance industry. 

 

But why should you pursue a BCom degree online? There are several advantages, such as:

 

1. It is ideal for working professionals as you will not have to attend college physically. You can pursue the course at any time from anywhere. 
2. Pursuing a BCom online can help you prepare for the CA exams and get a degree if you are a CA aspirant. 
3. This is a more cost-efficient alternative to a traditional BCom degree. Students save on accommodation, transportation and other associated expenses. 
4. You can pursue an online BCom from a reputed institute from the comfort of your own home. You get to choose the best programme for you. 

Eligibility Criteria 

Depending on which specialisation you are choosing, the eligibility criteria can vary. In general, the eligibility criteria for pursuing an online BCom degree are as follows:

 

• Candidates must clear their 10+2 examination in any stream from a recognised board. Maths is a compulsory subject for this course.
• Candidates must secure at least 50% aggregate in class 12. However, this percentage can vary based on the institute you are applying and range from 50% to 65%. 

Essential Subjects in the Course

The curriculum of any online BCom course is different for different colleges. However, some of the core BCom course subjects taught are:

 

• Corporate accounting 
• Advertising 
• Business organisation and management 
• Indian economy 
• Financial analysis and reporting 
• Computer applications in business
• Income tax laws 
• Auditing 
• Environmental studies
• Cost accounting 
• Advertising 
• Business communication 
• Principles of microeconomics
• Fundamental of investment 
• Management Accounting 

 

Many more subjects are taught during the three-year curriculum, divided into six semesters (two semesters each year). 

Colleges Offering Online BCom Degree and Their Fees

Universities require the approval of UGC (University Grants Commission) and DEB (Distance Education Bureau) to provide online education. With UGC-DEB approval, the courses offered by colleges become valid, removing any worry about their admissibility when applying for jobs. A list was published by UGC and DEB of all the approved universities across the nation offering online courses. Check this out before applying to the university of your choice.

 

Here’s a table listing the BCom course fees in different colleges: 

 

College Name	Course Fee	Total Fee
Andhra University	INR 21,500 per year	INR 64,500
KIIT	INR 18,250 per semester	INR 109,500
Kurukshetra University	INR 9,000 per semester	INR 55,000 (including admission fee)

Scope After Pursuing an Online BCom Degree

After graduation, you can choose either of the two paths - higher education or a job. If you want to study further, you can pursue courses such as MCom, CA, MBA, etc. On the other hand, you can also find a host of jobs awaiting to be explored should you choose so. Some of the jobs after BCom and their salaries are:

 

Job role	Annual salary
Business Executive	INR 3,40,000
Accounts Manager	INR 8,60,000
Financial Analyst	INR 5,60,000
Business Consultant	INR 13,90,000
Financial Advisor	INR 4,50,000

Summing Up 

The demand for commerce graduates is on a significant rise. This makes pursuing a BCom after completing your 10+2 a lucrative option. An online BCom offers accessibility, flexibility and interactive learning, making it an ideal career option. 

 

A BCom degree online offers various promising career prospects. You will be able to explore diverse job roles and have growth potential. 

Ready to begin your journey? Connect to upGrad Disha for an expert counselling session. You will navigate an extensive catalogue of online degree programmes by well-recognised institutes.