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Commerce

What is Commerce ?

Commerce is among the topmost discipline of study in India after Science. Commerce as an education domain can be defined as a study of business and trade activities such as goods and services exchange from producer to the final consumer. It incorporates legal, political, economic, social, cultural, and technological systems that are in operation internationally or in any country.

Scope of Commerce and Commerce Branches

Commerce, as a profession, has several scopes for the students to illuminate. There are many jobs and opportunities open according to candidates' eligibilities and preferences. There are also many posts in government departments specifically for candidates that are from a commerce background. Students can get employment at junior level in banking and finance, accounting, commerce, and related areas such as Junior Accountant, HR Manager, Business Executive, Accounts Executive, Data Analyst, Information Systems Manager, Operations Management, Research, and Development Manager, Project Manager, etc. They can also get the job of Senior Accountant, Cashier/Teller, Bank Manager, Marketing Manager, Investment Banker, Wealth Manager, etc.

Commerce Courses

Commerce offers different courses not only at the undergraduate level but also at the postgraduate level for the students who want to further study in the relevant field. Some of the popular courses at both the undergraduate and postgraduate level degrees are listed below:

Level

Degree

Undergraduate Level

·         Bachelors Of Commerce (B.Com)

·         Bachelors Of Commerce (Honours) Or B.Com (Hons)

·         B.Com in Banking and Insurance (BBI)

·         B.Com in Accounting and Taxation

·         B.Com In Accountancy and Finance (BAF)

·         Bachelor of Financial Markets (BFM)

·         Bachelors in Banking and Insurance (BBI)

Postgraduate Level

·         Masters of Commerce (M.Com)

Professional

·         Chartered Accountancy (CA)

·         Company Secretary (CS)

·         Cost and Management Accountant (CMA)

·         Cost and Works Accountancy (CWA)

·         Certified Financial Planner (CFP)

Eligibility of Commerce Courses

Eligibility for all the courses provided by the Paramedical are as follows:

Courses

Eligibility

Undergraduate

Candidates must have passed the 10+2 exam from a recognized board with the commerce stream with a minimum aggregate marks criteria provided by the examining authority of government, universities/institutes, etc.

Postgraduate

Candidates must have passed a B.Com or B.Com (Hons.) or equivalent from a recognized board with a minimum aggregate marks criteria provided by the examining authority of government, universities/institutes, etc.

Commerce Entrance Exams

For admission in the Commerce courses, almost every other institute or university in India selects candidates according to the merit list prepared on the basis of entrance exam scores and ranks. Some institutes or universities accept the national level exams or state level exam ranks while some of them conduct their own entrance exam. Listed below are some of the popular Commerce Entrance Exams conducted at a different level in India:

·         The Indraprastha University Common Entrance Test (IPU CET) conducted by Guru Gobind Singh Indraprastha University

·         NMIMS-NPAT conducted by SVKM’s Narsee Monjee Institute of Management Studies (NMIMS)

·         Banaras Hindu University Undergraduate Entrance Test (BHU UET) conducted by Banaras Hindu University (BHU), Uttar Pradesh

·         Jain University JET conducted by Jain University

·         VELS University VEE conducted by VELS University Chennai

·         PES Scholastic Aptitude Test (PESSAT) conducted by PES University

·         Dayanand Sagar Admission Test (DSAT) conducted by Dayananda Sagar University (DSU), Bangalore

·         LPU National Entrance and Scholarship Test (LPUNEST) conducted by Lovely Professional University

·         AIMA UGAT conducted by All India Management Association (AIMA)

·         Sharda University Admission Test (SUAT) conducted by Sharda University, Greater Noida