Introduction: Study in the field of commerce industry as the commerce and trade industry of India has witnessed massive developments over the years. According to the specialists in the field of work, the job scenario in the various segments of this field is going to increase by mammoth proportions.
To accomplish various business functions, most of the companies are always in search of commerce graduates for the smooth and challenge free execution of the organizations objectives. Pursuing an undergraduate program would help the aspirants grasp the various industrial skills related to the business and economics and also learn about the management aspects of a business. I would highly recommend that a student must tag on the Honors Bachelor of Commerce (B. Com. (Hon)), which is an advanced level of study of commerce which requires performing a research and submitting a thesis to complete the course.
Many universities provide the undergraduate degree within the 3 years of stipulated time but some university may give the same degree in about four years of time, one extra year is taken to give the student ample time to learn and earn the Honors program (specialization of the subject).
With the successful completion of the program aspirants could see themselves working in wide variety of companies like finance, chattered accountant firms, business houses, hotels , finance consulting companies, government and private banks etc.
About honors program (Commerce Industry)
What is an Honors program: The Honors program is an advanced level of study as compared to a regular bachelor degree program. You are expected and are required to complete a research based study and submitting a thesis to earn the degree. The skills you will learn while completing Honors degree will be way much solid over a regular degree program.
Honors program aims and designed to specialize the student in one particular subject or a question. So from the standpoint of an employer, definitely an undergraduate with Honors under its belt will be preferred over others. The productive outcome for an Honors student is amazing because they will not only acquire in depth knowledge and grip over the subject but the whole process will turn them into confident writers, proactive problem solvers and resilient individuals.
Conducting a research infuses sound abilities in students to conquer problems and overcome academic adversities.
Commerce study course details.
Course Details: Pertaining to commerce industry, the study of choices that are persistently evolving to help us understand how we allocate resources and why we allocate them as we do. It supports in analyzing issues affecting our world such as redundancy, poverty, inflation, taxes, pollution, finance, inequality, international trade and economic expansion.
An understanding of finance is essential for employment in most business functions. There is a range of occupations available to graduates. The broad course outline of this 3 years course will introduce the students to Financial Accounting, Business principles of accounting, Micro Economics, Macro Economics, Business law and Business Taxation. The curriculum design is as such that not a single amount of specified area is left out. A majority of universities and institutions follow a complete curriculum covering a wide variety of subjects and areas through the Honors program.
Future Prospects in the Field of Commerce Industry
Future prospects: The key learning embedded in the degree program such as the economics, finance and financial planning disciplines prepare graduates for broad spectrum of occupations ranging from Funds Management, Banking, Stock broking, and Insurance and Superannuation industries or in other private sector or government organizations where high level, technical expertise in financial or economic analysis is needed.
A graduate could also contemplate their business education by earning a Master of Business Administration (MBA) or M.COM. The postgraduate degree will help students build a strong and impressive resume. These renowned higher degree programs could prepare students for leadership positions within companies, industries and organizations.
The aspirants typical learn how to amalgamate the various functions of business to solve problems and craft sustained business expansion. At the master’s degree level, students commonly have the opportunity to choose an area of focus, which could include economics, finance and accounting. For sure, the future for graduates wait in wide range of roles and responsibility which includes financial accountant, treasury dealer, stockbroker, business analyst, researcher, client service manager, financial software consultant and corporate landing analyst.
Eligibility Criteria For Admission in Commerce (Honors)
Eligibility Criteria: To secure admission in the undergraduate degree program, you are required to pass 12th standard from a recognized board with minimum of 50% of marks. I am also sure that a majority of university and college have entrance test to be qualified to secure your name in the merit list. The time duration to complete the degree program is 3 years which includes 6 semesters and a research work.
Conclusion: To make you stand in the commerce industry one should first contemplate an undergraduate degree which is designed to instill business wisdom in students. Just because the focus of the course and its curriculum includes subjects like cost accounting, organizational behavior and then one can specialize in fields like accounts and economics.
You can also pursue courses like Chattered Accountancy along with your B.Com (H). All the while you can always contemplate to pursue a higher degree course program such as MBA or M.Com. The study in the area of commerce trade is designed to teach topics such as business management, banking, and finance.
The said program addresses both the theoretical and practical aspects of economics and introduces students to economic tools used to analyze decisions made by policy makers, consumers, and firms. I am sure that the students will certainly benefit from the trade training provided in the curriculum and would enable graduates to perform high level financial economic analysis, with many universities offer options to study online and also provide on campus industry placement.
Future prospects are also opened to study abroad to further enhance the skills in the world of business. If you choose universities who promotes foreign exchange student policy then you might well have a chance to visit and learn in a foreign university.
If you are a working professional (Part time MBA for busy professionals.)
Sharing is appreciated.
