A B.Com course is designed to introduce students to the vital aspects of business studies, management and commerce. According to Collins English Dictionary, “Management is a process of planning, decision making, organizing, leading, motivation and controlling the human resources, financial, physical, and information resources of an organization to reach its goals efficiently and effectively.”
This course includes subjects like accounting finance, marketing, information systems, operations, and supply chain management. The job scope in the public and private sector are quality specialist, marketing coordinator, trainer, employee/human resources.
B.Com Management Studies: Highlights
Course Highlights for B.Com in Management Studies is provided in the table below:
| Course Level | Undergraduate |
| Full form | Bachelor’s of Commerce in Management Studies |
| Duration | 3 years |
| Age | 17 years |
| Examination type | Semester type |
| Eligibility criteria | Candidates must have passed their 10+2 with a minimum of 60% marks from any recognized education board. |
| Admission Process | Based on merit-list or score in the entrance exam. |
| Course Fee | Average fee ranges from INR 10,000 to 1,00,000 |
| Average Salary | INR 2,00,000 to 4,00,000 |
| Top Recruiting Companies | TATA, CISCO, Microsoft, Wipro, DELL, Accenture, Samsung, CTS, TCS, HP, LG etc. |
| Job Positions | Business Analyst, Management Analyst, Research Analyst, Marketing Manager, Marketing Executive, Production Manager. |
B.Com Management Studies: Course Comparison
As, BBA and B.Com in Management Studies are almost similar courses and deal with the study of business management the course comparison between B.Com in Management Studies and BBA in Management Studies is mentioned below in the given table.
| Parameters | B.Com in Management Studies | BBA in Management Studies |
|---|---|---|
| Duration | 3 years | 3 years |
| Focus areas | B.Com in Management Studies course provides the in- depth knowledge about the management skills which includes preparation, leading, scheduling, tracking and planning. | The course focuses on improving the communication and entrepreneurship skills among the students and also training them with various tools used in business management studies. |
| Eligibility Criteria | 10+2 with minimum of 65% marks | 10+2 with minimum of 65% marks |
| Admission Process | Merit-based or entrance examination | Merit-based |
| Average Course fee | INR 10,000 to 1,00,000 | INR 1,00,000 to 7,00,000 |
| Job options | Business Analyst, Data Analyst, Management Analyst, Marketing Manager, Production Manager etc. | Production Manager, Human Resource Manager, Business Consultant, Finance Manager etc. |
| Areas of employment | Retail Management, Business, Management, banks, marketing , sales and services, consultancies, industries etc. | Multinational Companies (MNCs), Business Houses, Financial Organizations, Marketing Organizations etc. |
| Average salary package | INR 2,00,000 to 5,00,000 | INR 2,00,000 to 20,00,000 |
Top Colleges
B.Com Management Studies: Top Colleges
Some of the Top colleges that offer B.Com in Management Studies are mentioned below in the table:
| Name of the College | Average Fees | Average Salary Package |
|---|---|---|
| Mount Carmel College | INR 1,00,000 | INR 3,50,000 |
| Presidency University | INR 2,13,000 | INR 3,30,000 |
| Stella Maris College | INR 5,990 | INR 1,30,000 |
| ABBS Institute of Technology | INR 75,000 | INR 2,00,000 |
| Birla College of Arts, Science and Commerce | INR 44,000 | INR 1,40,000 |
| Institute of Management – Christ University | INR 4,00,000 | INR 6,50,000 |
| ISBM | INR 29,900 | INR 2,00,000 |
B.Com Management Studies: College Comparison
The college comparison between the two best colleges is given below in the table.
| Parameters | Institute of Management- Christ University | Presidency University |
|---|---|---|
| Overview | Institute of Management- Christ University is a deemed university established in 1969 as a Christ College. The university is approved by UGC and also accredited by NAAC with ‘A’ Grade. | Presidency University is a private university that was established in 2013 by the Presidency Group of Institutions (PGI). It is recognized by the UGC and is a member of AIU. The university is accredited with an ‘A+’ Grade by NAAC. |
| Location | Bangalore | Bangalore |
| Business Today Ranking 2020 | 52 | 243 |
| Average Annual Fee | INR 4,00,000 | INR 2,00,000 |
| Average Annual Salary | INR 6,50,000 to INR 13,50,000 | INR 2,50,000 to INR 7,00,000 |
| Top Recruiting Companies | Amazon, Accenture, Boston Consulting Group, Kristal Ai etc. | Airtel, Bajaj Allianz, Deloitte, Amazon etc. |
Syllabus
B.Com Management Studies: Syllabus
A semester-wise syllabus and course description of B.Com in Management Studies program is mentioned below. The syllabus may vary from college to college.
| Semester I | Semester II |
|---|---|
| Foundation of Human Skills | Principles of Management I |
| Introduction to Financial Accounts | Introduction to Computers |
| Business Law | Business Environment |
| Business Statistics | Industrial Law |
| Business Communications | Computers application in Business |
| Semester III | Semester IV |
| Managerial Economics I | Managerial Economics II |
| Business Mathematics | Marketing Management |
| Introduction to Cost Accounting | Business Aspects of Banking and Insurance |
| Environmental Management | Production Management and Materials Management |
| Management Accounting | Strategic Management |
| Semester V | Semester VI |
| Productivity and Quality Management | Public Relation Management |
| Direct and Indirect taxes | Human Resource Management |
| Export-Import Procedures and Documentation | Service Sector Management |
| Cooperatives and Rural Markets | Financial Management |
| Research Methods in Business | Elements of Logistics Management |
| – | Business Ethics and Corporate Social Responsibility |
B.Com Management Studies: Important Books
Some of the Books that can be referred to while pursuing B.Com in Management Studies are mentioned below in the table:
| Name of the Book | Author |
|---|---|
| Business Communication | Madhumati M Kulkarni and Ramesh Pattanshetty. |
| General and Environmental Studies | Panacea Publications India |
| Financial Accounting for B.Com | S.N. Maheshwari and S.K. Maheshwari |
| Cost Accounting: Theory and Practice | Nirmal Gupta and Chhavi Sharma |
Job Profiles
B.Com Management Studies: Job Profiles
Students pursuing B.Com in Management Studies can find career opportunities in the area of retail, finance, banking, marketing and sales. Some of the most common job options are mentioned below that can be opted by an B.Com in Management Studies graduate.
| Job position | Description | Average Salary |
|---|---|---|
| Business Analyst | Business Analysts are responsible for planning, monitoring, assisting with the business case and managing requirements. They also provide solutions to the problems and testing the products. | INR 4,00,000 to 6,00,000 |
| Data Analyst | Data Analysts are responsible for developing reporting processes, maintaining automated data processes and monitoring audit data and analyzing data. Data analysts gather all the information using various tools and techniques and create dashboards, benchmarking and analyzing data sets. | INR 3,00,000 to 4,00,000 |
| Project Manager | A project manager is responsible for planning, budgeting and overseeing a specific project that there are teammates working on. A project manager can also work in various fields of advertising. | INR 8,00,000 to 10,00,000 |
| Management Consultant | Management consultants are responsible for locating problems in management such as sales and supply and production and also they provide the solutions to those problems by using their knowledge and skillset to provide advice and help in developing a specialist product. | INR 6,00,000 to 7,00,000 |
| Forensic Accountants | A forensic accountant is responsible for reviewing the reports and distributing, conferring and identifying the problems and sets of improvements. They design, develop and recommend changes to the reports. | INR 6,00,000 to 7,00,000 |
Future Scope
B.Com Management Studies: Future Scope
The B.Com in Management Studies graduate can choose to do a job of a choice after completing graduation or can opt for further higher courses. Some of the most preferred programs after completing graduation in B.Com in Management Studies includes:
- Masters of Management Studies [MMS]/ Masters of Commerce [M.Com]: A B.Com in Management Studies graduate can opt for MMS/M.Com which is a higher level of degree in Management Studies.
- Masters of Business Administration [MBA]: MBA is the most popular course option after graduation not only for graduates from Commerce background but for graduates from any field. After completing the MBA a fresh postgraduate can easily grab the annual salary package of INR 7,50,000 .
BCom Management Studies: Admission Process
Admission Process For B.Com In Management Studies Is Based On Merit-list Or Entrance Exam. Most Of The Colleges Provide Admission To The Eligible Candidates On The Basis Of The Merit List Prepared By The Universities. Some Of The Reputed Institutes Also Conduct Their Entrance Examination In Order To Give Admissions To The Students.
Entrance Examinations May Vary From Institution To Institution. Also, Few Colleges Directly Admit Students On The Basis Of Their 10+2 Marks For B.Com In Management Studies.
Interested Candidates Can Apply For The Entrance Exam By Visiting The Institution’s Website And The Guide To Apply For Entrance Based Examination Is As Follows:
- Registration: Registration Dates Are Announced A Month Or 15-days Before By The Institution. For Registration, An Account Is Created On The Institution Website Which Includes Name, Email Id, Phone Number Etc. Of Candidate.
- Fill Up The Application Form: Fill Up The Application Form With All Necessary Details And Information Of The Candidate. Care Must Be Taken During The Filling Application Form To Ensure All Details Are Correct.
- Submit Documents: All The Required Documents Like Marksheets Need To Be Scanned And Uploaded In A Specific Format, Specified By The Institute’s Application Portal.
- Application Fee: An Application Fee Is Charged By The Institution For Application Form That Should Be Paid Online During The Submission Of Application Form.
- Download Admit Card: Admit Card Is Made Available To The Candidates By The Institution Once All The Applicants Are Judged For Eligibility And Can Be Downloaded And Printed In Order To Appear For The Entrance Examination.
- Appear For Exam: Once All The Formalities Are Done, Prepare For The Exam As Per The Syllabus And Past Papers And Appear For Exam On The Date Announced.
- Results: Results Are Generally Announced After A Couple Of Weeks Of The Exam Day. If A Candidate Is Successful In Qualifying The Exam, Then They Can Move Further For The Rest Of The Process In Admission.
B.Com Management Studies: Eligibility Criteria
The Eligibility Criteria For B.Com In Management Studies Is Not Much Complicated And Is As Follows:
- In Order To Be Eligible For B.Com In Management Studies Candidates Must Have Passed Their 10+2 With Minimum 60% Marks From Any Recognized Education Board.
- For Candidates From Reserved Categories (OBC,SC,ST), The Pass Percentage Is 45% From Any Recognized Education Board.
- Few Colleges Have Criteria Of Entrance Exam And To Be Eligible For The Course They Need To Qualify In The Entrance Exam Conducted By The Institute
Popular Entrance Exams For B.Com Management Studies
The Examinations Committee Board Conducts B.Com Management Studies Entrance Exams For Colleges And Universities. In Addition, This Board Decides The Date And The Exam Pattern Of The Entrance Exams.
Mentioned Below Is The List Of Some Popular Entrance Exams:
- BHU UET
- IIMC
- CSEET
- IPU CET
A Quick Glance At The B.Com Management Studies Entrance Exams
Aspirants Appearing For The B.Com Management Studies Entrance Exams Must Be Aware Of The Pattern And Quality Of The Questions Paper Set By The Exams Conducting Body. Mentioned Below Is The List Of Common Knowledge About The Entrance Exams:
- The Questions Would Be Complete For Commerce Subjects Like Economics And Mathematics.
- The Papers Are Objective Types Questions Asked Will Be From Economics And Mathematics.
- The Exam Will Be Based On Offline Or Online Methods Depending On The Examinee.
- The Question Pattern Would Be Set To The Standards By The Experts.
B.Com Management Studies: How To Prepare Tips
To Prepare Better For B.Com In Management Studies Entrance Examination Following Points Can Be Followed By A Candidate That Can Be Referred To.
- Prepare A Schedule For Studying And Include Each Topic In Every Subject And Stick To The Schedule. This Will Help Students To Cover The Entire Syllabus At Once.
- A Strong Understanding Of The Basic Topics Will Be Needed To Crack The Entrance Examination, So, Clear Up The Basics For More Advanced Topics.
- Solve Past Papers And Take Mock Tests As Much As You Can. This Will Be Helpful In Better Understanding Of Exam Patterns And Past Years Questions.
- Give Some Extra Time To Difficult Topics And If Needed Seek A Teacher Or Tutor To Go Over Those Topics Again.
- Most Of The Students Recommend Depending On The NCERT Books Of 10+2 Levels. NCERT Books Can Give A Thorough Description About The Basic Topics In Required Subjects.
Why Study B.Com Management Studies?
There are many benefits of pursuing B.Com in Management Studies and some of the benefits are mentioned below:
- High Employment: Students pursuing B.Com in Management Studies can expect high employment opportunities as today every business needs a Commerce specialist or analyst or an accountant in order to run business successfully.
- Candidates pursuing the course will be able to understand managing organization and how to develop a sense of effective management as it is important to create innovative and productive environments.
- Candidates of B.Com in Management Studies can also practice in the areas of Teacher & Lecturer, Quality specialist, Assistant Professor and Business Development manager. This gives a clear direction into the job market.
- B.Com in Management Studies also improves the presentation and problem solving skills, so trained professionals can find numerous job opportunities in the corporate world.
- A B.Com in Management Studies student can explore numerous career options after completing graduation. Career prospects can be found in the following domains such as MNCs, Financial Organizations, Business Houses, Marketing Organizations etc.
- Candidates can also opt for higher studies/ education Master of Management Studies (MMS) or MBA.