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B.Com. (Hons.) (Cost & Management Accounting)
Bachelor of Commerce in Cost & Management Accounting


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Duration:3 Years
Level:Graduation
Type:Degree
Eligibility:10+2


B.Com. (Hons.) Cost & Management Accounting or Bachelor of Commerce (Honors) in Cost & Management Accounting is an undergraduate Business Study Commerce course. Cost and Management Accounting covers the study of principles of accounting, financial planning and economic theory to establish the budget and actual cost of operations, processes, departments or products and the analysis of variances, profitability or social use of funds to support decision-making in order to cut  company's costs and improve profitability. In other words, B.Com. (Hons.) Cost & Management Accounting is a degree program in which, apart from a general course study in Commerce, the primary focus is on the systematic study of the concepts in the specialized subjects and topics related to the fields of Cost & Management Accounting which consists of the ways and procedures of translating the supply chain (i.e. the total cost of producing a product) into financial values.

B.Com. (Hons.) Cost & Management Accounting Eligibility

  • The basic eligibility criterion for pursuing B.Com. (Hons.) (Cost & Management Accounting) degree is qualifying 10+2 or equivalent examination in any stream from a recognized board of the country.
  • Students must have studied and passed in any one of the subjects viz, Accountancy, Business Studies, Economics or Mathematics at intermediate level. Some of the reputed universities and institutes demand a minimum of 50% marks in the above subjects at 10+2 level.

B.Com. (Hons.) Cost & Management Accounting Syllabus

The following are study related subjects:-

Sr. No.

Subject of Study

1

Advanced Business Mathematics

2

Auditing

3

Batch Costing

4

Budgeting

5

Business Communication

6

Business Mathematics

7

Business Regulatory Framework

8

Business Statistics

9

Business Tax Procedures and Management

10

Capital Budgeting

11

Cash Flow Statement

12

Computerized Accounting System

13

Communicative English

14

Cost Budget

15

Cost Sheet

16

Contract Costing

17

Cost Accounting

18

Direct & Indirect Labor

19

Direct & Indirect Material

20

Direct & Indirect Taxation

21

Dividend Policy

22

Economics

23

Environmental Studies

24

E-Commerce           

25

Financial Markets, Institutions and Financial Services

26

Financial Accounting

27

Financial Management

28

Fundamentals of Investment

29

Funds Flow Statement

30

Income Tax Law and Practice

31

Indian Economy     

32

Introduction to Computers and Information Systems

33

Job Costing

34

Management Accounting

35

Mathematics

36

Principles & Practice of Management & Business

37

Principles of Marketing

38

Project Selection

39

Ratio Analysis

40

Reconciliation between Cost Profit/ Loss and Accounting Profit/Loss

41

Standard Costing

42

Variance Analysis

43

Various Types of Overheads

44

Working Capital Management

 

B.Com (Hons.) Cost & Management Accounting Colleges

B.Com (Hons.) Cost & Management Accounting Course Suitability

  • They should have an aptitude for mathematics and be able to analyze, compare and interpret facts and figures quickly.
  • Candidates must be able to communicate well and have an eye for detail.
  • They should be familiar with computerized accounting that is essential for the course.
  • They must be able to work as a team member and have high standards of integrity and accuracy as major decisions are made based on financial statements given by them.

How is B.Com. (Hons.) Cost & Management Accounting Course Beneficial?

  • After successful completion of B.Com. (Hons.) (Cost & Management Accounting) degree course, one can either carry on further studies i.e. M.Com., MBA, etc or can look for a career in banking, finance, auditing, or accountancy, in both the government as well as private sector.
  • B.Com. (Hons.) (Cost & Management Accounting) degree makes one eligible to work in Accounts and Finance departments of various firms & companies, banks, government departments and agencies, educational institutions and a number of other types of organizations.
  • The B.Com. (Hons.) (Cost & Management Accounting) degree course prepares students for a professional qualification in finance and accounting and provides a solid base in the field of Accounting and Finance, thus making it easier to acquire a leadership / managerial role in the financial sector.

B.Com. (Hons.) Cost & Management Accounting Employment Areas

  • Cost Audit
  • Stock Audit
  • Cenvat Credit
  • Special Audit
  • State Sales Tax Laws
  • Various Corporate Sectors in their Marketing and Accounts Sections
  • Finance, Commerce and the Banking Sectors
  • Research Associates with Economic Consulting Firms
  • Economic Consulting Jobs
  • Customs Department
  • Import / Export Companies
  • Indian Civil Services
  • Indian Economic Services

B.Com. (Hons.) Cost & Management Accounting Job Types

  • Auditing Clerk
  • Accounts Assistant             
  • Assistant       
  • Accountant
  • Bookkeeping Staff
  • Budget Analyst
  • Business Analyst
  • Cashier/Teller
  • Corporate Analyst
  • Cost Accountant
  • Equity Research Analyst
  • Executive Assistant
  • Finance Manager 
  • Financial Analyst
  • Investments Analyst
  • Investment Banker
  • Market Analyst
  • Marketing Manager
  • Money Manager
  • Operations Manager
  • Personal Finance Consultant
  • Risk Analyst
  • Securities Analyst
  • Senior Accountant
  • Tax Examiner
Colleges and Institutes
Colleges offering B.Com. (Hons.) (Cost & Management Accounting) in India

B.Com. (Hons.) (Cost & Management Accounting) Colleges in India
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