B.Com Economics Course - Check Course Fees, Eligibility, Duration, Colleges, Syllabus, Career & Scope
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B.Com Economics Course - Check Course Fees, Eligibility, Duration, Colleges, Syllabus, Career & Scope

06 May,2020

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B.Com Economics Course: B.Com Economics Course is a 3-year-tenure undergraduate course that is bifurcated into 6 semesters, with each semester span of 6 months. Some of the institutes offering the course follow an annual exam pattern system instead of the semester pattern. The course aims at preparing qualified professionals in this field equipped with both

  1. Strong technical knowledge &
  2. Practical sensibility.

The approx. course fee of this course ranges between INR 50,000 and 6 lacs, depending upon the institute offering the course. Aspirants need to have attained a 10+2 intermediate qualification from a recognized educational Board for applying to the course. The approx annual starting salary paid to successful graduates of the B.Com Economics course ranges between INR 2.5 and 3.5 Lacs, depending upon the organization & the candidate’s experience & expertise.

B.Com Economics Course: Highlights

➥ Name of the Degree: Bachelor's Degree
➥ Full Name of the course: Bachelors of Commerce in Economics
➥ Duration of the course: The course span of B.Com Economics is 3 Years.
➥ Age limitations: There is no, as such, prescribed age limit
➥ Minimum Aggregate Percentage: 50% in intermediate 10+2 from a recognized Board
➥ Subjects Necessarily Required: Commerce, Business, Accountancy, Business Mathematics  or  Statistics  or  Economics
➥ Approx Fees Incurred: INR 7K - 90K per annum
➥ Similar study Options available: B.Com Honors, BBA-BMS, etc.
➥ APPROX. Salary Offered: INR 4L per annum
➥ Employment Profile: Business Analyst, Financial Analyst, Investment, Financial Director, Business Risk Advisor, Health Economics Modelling Analyst, Finance Business Development Executive, Analytics Manager
➥ Placement Sectors: Banking, Auditing, Financial Companies, Research Companies, Account Managing, etc.

B.Com Economics: Overview

The B.Com Economics Course not only focuses on the commercial issues that an economy faces but also tracks down the historical contexts in the shaping of the economy, as well as foreign trade policies that affect the economy of our country. Using skills of:

  1. Mathematics, 
  2. Statistics methods, and 
  3. O.R. practices, the graduates analyze & give solutions to economic problems in public as well as private sectors, practical solutions to economic issues.

This course is not restricted to just:

  • Microeconomics, 
  • Macroeconomics, 
  • Labor economics, 
  • Industrial economics, 
  • Econometrics, etc. but also with the economic situations prevalent in present scenario India.

After completion of the course, students are usually employed in the finance & banking sectors to find work as an economist, researcher, sales representative, etc. and earn an approx initial salary ranging from 25,000 INR to 50,000 INR per month.

  • B.Com Economics Course is an undergraduate program that skills a student to be able to analyze the process of the economy.
  • B.Com Economics course span is 3-years spread across 6 semesters.
  • The B.Com Economics Course syllabus focuses on building a business sense so that even ineligible students can become specialists in fields like cost accounting & organizational operations, in which students can choose.
  • The basic B.Com Economics course eligibility for admission to the course is to pass in 10+2  intermediate examination from any recognized board of education & the approx tuition fee for the course falls in the range of 7,000 INR to 90,000 INR for three years.

The colleges that propose the course include:

  1. Shri Ram College Of Commerce, New Delhi
  2. St. Xavier’s College, Chennai
  3. Christ University, Bangalore, etc stand among the popular B.Com Economics colleges in India.

The students pass out with precise and firm technical knowledge & practical sensibility of the economic concepts & environment of the business world, so the job scope is varied & provides ample opportunities to create a career out of their knowledge & skill.

B.Com Economics Course Eligibility:

  • The Basic criteria for eligibility for admission to this course are 50% aggregate marks in 10+2 examination with Mathematics as one of the subjects, which is down to 45% for Scheduled Castes and Scheduled tribes candidates.
  • Students waiting for their final examination results are also eligible to apply
  • Normally, the universities need around 60% or less in the best 4 subjects, with Mathematics being mandatory one of those subjects.
  • The basic criteria for eligibility for admission to this B.Com Economics course are 50% aggregate marks in 10+2 examination with Mathematics as one of the subjects, which is down to 45% for Scheduled Castes & tribes candidates.
  • Aspirants who are awaiting their final examination results of 10+2 intermediate are also eligible to apply.
  • Normally, the universities demand around 60% or less in the best 4 subjects, with Mathematics being mandatory one of those subjects.

B.Com Economics Course Admission Procedure:

  • Aspirants can apply for the B.Com Economics course Admission in their preferred colleges when the 10+2 results are announced, via online or the offline methods.
  • But the Candidates have to apply with the minimum percentage required by the institute to be eligible for the B.Com Economics course, If he or she satisfies the required percentage, they are likely to seek admission into the B.Com Economics course in that college.
  • Some of the reputed and famous colleges conduct an interview round or entrance examination+interview round for the B.Com Economics course to check if the candidate is suitable for the course & also for the purpose of testing the aptitude of the student.
  • The aspirant has to qualify the exam & then an interview or only the interview round, &  only then they will get selected.

B.Com Economics Course Fees:

The B.Com Economics Course Fees ranges between INR 7K to 90K INR. The fees amount can be moderate in public colleges than in private colleges. Also, the infrastructure and the placement history of the college proved to be the deciding force about the fee structure. Students are here advised to go through the details of the brochure carefully before deciding anything about the admissions

B.Com Economics Course Duration:

The B.Com Economics Course Duration is for 3 academic years, which is to be more systematically done, is further subdivided into 6 semesters.  Each semester is of 6 months and the entire course is covered within these semesters with theory and practical knowledge to the students & at the end of each semester, examinations are conducted along with the viva- voice.

B.Com Economics Course Institutes

Provided below are some of the names of the B.Com Economics Course Institutes.

  • Shri Ram College Of Commerce, New Delhi
  • Loyola College, Chennai
  • St. Xavier’s College, Mumbai
  • Christ University, Bangalore
  • Hindu College, New Delhi
  • Lady Shri Ram College, New Delhi
  • St. Joseph’s College Of Commerce, Bangalore
  • Narsee Monjee College, Mumbai
  • Symbiosis College Of Arts & Commerce, Pune
  • St. Xavier’s College, Kolkata
B.Com Economics Syllabus:

A semester-wise B.Com Economics Syllabus of the course is given here:

1st Semester 2nd Semester
Applied Economics Macro Economics
Micro Economics Indian Economics
Business Environment Financial Accounting
Management Partnership Accounting
The sale and the contract act Business Regulatory Framework
Business Organization Business Communication
3rd Semester 4th Semester
Commercial Bank Management Banking in India
Financial Market Operation Investment Management
Elements of Company Accounts Advance Corporate Accounts
Theory and Practice of Cost Advance Cost Accounts
Indian Company Act Principles of Management
Principles of Statistics Advances in Statistics
5th Semester 6th Semester
Public Finance International Marketing
Principles of Insurance Business Project Planning and Control
Income Tax for Individuals Income Tax for Business
Accounting for Managers Income Tax
Financial Management Auditing
Marketing Management Human Resource Management
B.Com Economics Course Scope:

B.Com Economics Course Scope is explained in the points enlisted below-

Students who have the ability to practice economic analysis & quantitative skills, grasp & solve economic policy issues are suitable as there are ample possibilities for such candidates in the economics field.

The degree allows students to join government services after it like in:

  • National Sample Survey
  • Planning Commission
  • Planning Board
  • Ministry of Economic Affairs, & such other departments.

The graduates are provided employment in those departments that need economic specialists with the capacity to supplement research with -

  • Judgment &
  • Intuition & have 
  • Strong critical thinking & 
  • Research skills.

This course enables the students to go to various bank-related jobs like:

  1. Join the Indian Economic Service &
  2. Reserve Bank of India.

Students can go for higher degree programs in respective subjects such as M.Com Economics.

Job profiles after B.Com Economics Course:

Job profiles after B.Com Economics Course are:

  • Auditor
  • Stock Broker
  • Media Analyst
  • System Analyst
  • Retail Analyst
  • Advertising and Communication Professional
  • Manufacturing and Management Professional
  • Economics Teacher
  • Curriculum Developer
  • Service Quality Leader
  • Lead Modeler
Job Profiles for B.Com Economics:
Job Roles Job Description
Budget Analyst A Budget Analyst is responsible for preparing the annual budget report and comparing it to actual results & then reporting any variances from the budget.
Sales Executive A Sales Executive is the main point of connection between an organization & its clients. They are responsible for organizing: A sales visit, Presenting, and Demonstrating a product.
Market Analyst A Market Analyst studies the market trends & helps a company decide which products to produce & how to market them.
Bank Teller A Bank Teller works with banks & directly deals with customers. In some instances, a bank teller’s work is similar to that of a cashier.
Research Assistant Many organizations give jobs to Economics graduates as Research Assistants in roles that require -Studying market trends, Economic policies, Consumer behavior, etc.
Banking Finance Officer Managing & assisting in the daily operations of a financial institute
Insurance & Investment Tax Experts They provide expert support for tax documentation, Tax-related problems, & Insurance investments.
Economist An Economist is a specialist in economics. In order to become an economist, however, an MA or M.com., a degree in Economics is required.
Business Writer A Business Writer pens down on business-specific topics & articles which cater to the trade & corporate world.

Conclusion:

Dear Aspirants,

Here in this blog, we have provided you with all the important and necessary information required to know about the B.Com Economics Course, B.Com Economics Course Fees, B.Com Economics Course Duration, B.Com Economics Course Eligibility, B.Com Economics Course Institutes, B.Com Economics Course Scope, Job profiles after B.Com Economics Course. We wish that this piece of information will result useful to you and you can be benefited from our effort. Wishing you the best for your brighter future. We hope that you do good in your lives.

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