According to AISHE, approximately 9.93 lakh students take admission in B.Com courses which is also ranked as the 3rd most opted course by students after 12th. There are various options in B.Com courses as well such as General B.Com, B.Com Hons., and integrated courses such as – B.Com LLB, B.Com CMA, B.Com ACCA, etc.
Although a B.Com degree is a good choice for graduation, it is not enough to get a placement job but if you accompany a post-graduate degree such as M.Com, M.Com in specialization, or MBA in banking and finance then a B.Com degree can set the right base for you. Despite that, there are some job profiles that they can occupy such as – Junior Accountant, Financial Analyst, Junior Accounts Manager, and Tax Consultant among others.
Some of the major recruiters are – SBI, HDFC, LIC, ICICI Bank, ICICI Prudential, and many more.
Online education in India was initially started by All India Radio and the Doordarshan. The channel started broadcasting primary as well as higher education. A revolutionary shift occurred in 1994 when the ISROU first offered online meeting services at the IGNOU headquarters in New Delhi. The students had the opportunity to communicate live thanks to the one-way video and two-way audio connection across the phone line.
Teleconferencing was recognized as an official educational channel on the Gyandarshan platform in the year 2000. It was thereafter made accessible through the DTH as a GD-interactive channel.
In 2005, ISROU made an effort to promote video conferencing accessible and cut to today in 2022, everything is online. Many universities have started offering graduate and post-graduate programs via open and distance mode to reach out to more students thus making it accessible to remote areas.
Here are some of the reasons to choose B.Com distance learning: –
- Low Expenses
- These courses are designed for working professionals so that they can balance their studies and work.
- Students can enrol in these courses and involve themselves in other side hustles such as – internships, and freelancing for industry experience.
Several universities are offering distance B.Com courses in India given that a large chunk of students enrols in them. Here is a list of the top 5 universities: –
1. Narsee Monjee Institute of Management
NMIMS Distance B.Com course is a three-year program stretched over six semesters and focuses on Finance, Accounting, Law, Taxation, and Management.
Various career options after this course could be – Accountant, Associate Manager- Banking and Finance, Relationship Manager, Customer Support Executive, or Corporate Sales Executive.
The fee structure for this course is INR 94,000 (full 3 years course) and can be given in instalments.
Indira Gandhi National Open University popularly known as IGNOU is among the world’s largest open universities. It was founded in 1985 as India’s first National Open University. In the IGNOU curriculum, one can find different courses offered at the certificate, diploma, UG, and PG levels in different streams and disciplines. IGNOU is best known for its affordable course prices and flexibility in course duration. The main aim of the institute is to promote self-study.
3. Chandigarh University
Chandigarh University was established in the year 2013 and has evolved exponentially ever since and is also awarded an A+ grade by NAAC and is also approved by UGC-DEB.
Their B.Com is offered 5 popular specializations, namely: –
- Auditing & Taxation
- Advanced Cost & Management Accounting
- Marketing management
- Financial market
The fee structure for the course is INR 12850 with SLM hard copy and INR 11350 with SLM hard copy.
4. Amity University
Amity University is among the best private universities in India with several campuses across the country. They have also collaborated with various foreign universities to inculcate the richness of their education system thus creating a synergy of traditional values and evolution.
In their distance B.Com course, they provide an additional certificate course in Goods and Service Tax with an approximate fee of 30,000 to 1,10,000.
5. Lovely Professional University
Lovely Professional University popularly known as LPU is among the favoured universities by the students. The university is ranked at 74th position at the Global level and is also among the leading distance institution in 2022.
The university’s distance B.Com course is a holistic course that aims to inculcate the knowledge of Financial Accounting, Business Laws, Economics, Taxation, Auditing, and Cost Accounting.
What after B.Com?
Before choosing a professional path after completing a B.Com, students who are unsure about their next steps should consider the following 3 things: –
- The Cost of the course and its ROI
- Corporate acceptance, and
- Career Assistance provided by the institute
As discovered before, B.Com is the third most popular course and fosters both corporate and entrepreneurial skills. The main aim of the course is to inculcate business as well as commercial knowledge such as in finance, taxes, or foreign finance policies. Given the cult of globalization, distance courses have gained enough acceptance so as to get equal opportunities as regular students in fact many organizations prefer B.Com students given the vigorous exposure they have gained.