B.Com Financial Accounting

Bachelor of Commerce in Financial Accounting

B.Com Financial Accounting or Bachelor of Commerce in Financial Accounting is an Under-Graduate Commerce course. Financial Accountancy is the field of accountancy concerned with the preparation of financial statements for decision-makers, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders.

The Bachelor of Commerce degree program in Financial Accounting is generally three academic year degree course and it may be provided on a part-time basis by certain institutes. The duration of the Bachelor of Commerce course in Financial Accounting is three years and its career orienting in nature opens many job scopes for them after its completion.

B.Com Financial Accounting Eligibility

• Aspiring candidates should have completed 10+2 or its equivalent exam with subjects like Account and Finance in Commerce stream.
• The marks of admission for this course may vary from college to college.
• In various colleges, it conducts entrance exams plus interviews and the percentage of 12^th class for the admission of students.

B.Com Financial Accounting Syllabus

Syllabus of Financial Accounting as prescribed by various Universities and Colleges.

B.Com Financial Accounting Colleges

• Indira Gandhi National Open University - IGNOU, Delhi
• Islamiah College (Autonomous), Vellore

B.Com Financial Accounting Course Suitability

• Those who are willing to go for teaching fields at higher degree level i.e., college and university level both in private and government institutions are a good match for it.
• They should have an excellent grounding in financial analysis, creative thinking and should possess good communicative and interpersonal skills.
• They should have a love for numbers, good mathematical and analytical skills, knowledge of the latest computer technology, integrity, problem-solving, decision-making, and organization skills.
• They must have an idea about the corporate system and be aware of all the tax and other financial laws regarding their industry.

How is the B.Com Financial Accounting Course Beneficial?

• One can go for higher degree programs in respective subjects such as Masters’ degree, etc., and then for further research work.
• They can become a finance controller, treasurer, finance officer, credit and cash manager, risk manager and insurance manager are some of the positions one could get in an organization after his academic studies in finance and the responsibilities vary according to the positions.
• They have also the option of becoming treasurer; here they work as understanding the financial status of the company and maintaining the treasury of an institution.
• One could find jobs as financial experts at multinational companies also.
• A good experienced professional especially from a reputed B-school is in high demand in the international market, and they could even start their own financial consultancies.

B.Com Financial Accounting Employment Areas

• Audit Offices
• Banking Sector
• Business Investment Consultancies
• Commercial Research Centres
• Educational Institutes
• E-Commerce Websites
• Financial Agencies
• Stock Exchanges

B.Com Financial Accounting Job Types

• Assistant Manager
• Accounts Officer / Accounts Assistant / Accounting Finance Executive
• Business Analyst
• Corporate Analyst
• Equity Research Analyst
• Financial Analyst / Finance/Accounting Associate / Financial Reporting & Accounting Head
• Investments Analyst
• Market Analyst / Marketing Manager
• Operations Manager
• Securities Analyst
• Senior Accountant