A Degree that Counts
Commerce has become a
much-sought-after stream now as it offers a varied platter of courses
and careers. A five-year integrated degree programme, a three-year
degree course or a short-term diploma, this stream gives enough
choices to students to chart out a perfect career plan
Suresh K. Chadha &
Figuring it out: Fruits of capitalism are best reaped by a pursuit and study of commerce
Perplexed over questions
like ‘Which college should I join?’, ‘Which course should I
choose?’, ‘Is CA a better option than MBA?’, ‘Should I pursue
BCom or BBA or will a degree in economics suit me better?’
of the commerce stream is very broad now and it encompasses a number
However, if you want to excel in this field then it is
important to make an informed, responsible choice and not just follow
So make a thorough assessment of the options and chart a
suitable career course according to your area of interest. In commerce
students can go in for undergraduate or professional courses.
after Plus II
The Course: BCom is one
of the most popular choices for an undergraduate degree after Plus II
in commerce. Major thrust of the curriculum is on accounting, finance
and corporate laws. Certain good universities in India such as Delhi
University offer an honours programme which allows a student to choose
electives such as Financial and Investment Management, Financial
Services, Tax Planning and Management besides several other
management-related specialisations. The honours programmes in Delhi
University are set to become four-year programmes from 2013 on the
lines of best international practices.
Star Institutions: Top
colleges in north India for B.Com are Shri Ram College of Commerce (SRCC),
Lady Sri Ram College (LSR), Hans Raj College and Hindu College. Most
of these colleges had cut-offs above 96 per cent in 2012. Besides
mathematics is a compulsory subject at Plus II for admission in
colleges in Delhi. Comparatively, colleges in Punjab and Chandigarh
don’t have such distressing cut-offs.
The Course: BBA is
another popular course for undergraduate study and it is also known as
BBM or BBS in some universities. Though the course curriculum of a BBA
programme is similar to a B.Com programme, there are comparatively
lesser courses in accounting and finance and greater emphasis is on
other functional areas of management such as production management,
human resource management, marketing management, strategic management
and management of information systems.
Star institutions: In
North India, Shaheed Sukhdev College of Business Studies in New Delhi
is known to offer a good quality BBS programme. Admission to this
course is through an entrance examination. In Punjab and Chandigarh
region, several colleges offer BBA and admit students from all streams
— commerce, science and arts. In some universities such as Guru
Nanak Dev University (Amritsar), Punjab Technical University (Jalandhar)
and Lovely Professional University, BBA is a six-semester course,
whereas others like Panjab University, Chandigarh run the programme on
an annual exam basis.
BA (Economics) Honours
The Course: The BA
(Economics) Honours is also a much sought after course after Plus II.
It is also known as BSc (Economics) Honours in some universities. The
curriculum comprises papers on the principles of micro and
macroeconomics, economic policy, economic history and development,
public finance, money and financial markets and maths/ statistical
methods for economic analysis.
Certain reputed colleges in Delhi such as St. Stephen’s College, LSR,
SRCC, Hans Raj College and Hindu College require students to have
studied economics and mathematics at Plus II for admission and
cut-offs are generally above 95 per cent. In the Punjab and Chandigarh
region the Department of Economics in Panjab University, Guru Nanak
Dev University and Punjabi University offer an honours programme in
economics with comparatively easier admission norms.
BCA: Students interested
in computer programming, digital electronics, web designing,
e-commerce, mobile computing, and computer network security may pursue
BCA. Commerce students who have studied maths in Plus II are eligible
for admission to this course.
Some new and innovative
undergraduate programmes which students can explore include Bachelor
in Business Economics, Bachelor in Financial and Investment Analysis,
Bachelor in Travel and Tourism Management, Bachelor in Banking and
Finance and Five-year integrated programmes in Management. These
courses are mostly being offered by new private universities.
— Dr. Suresh.K. Chadha
is Professor, University
Business School, Panjab University, Chandigarh
Ms. Bulbul Singh,
Sri Aurobindo College of Commerce and
Along with the
undergraduate courses chosen from the above mentioned courses,
students can enhance their industry absorption capacity by
joining a diploma programme. Most of the universities offer
diploma programmes through correspondence/distant learning.
The duration of these may vary from six months to three years
or as full-time courses. As the Indian economy is moving
towards retailing and export orientation the most sought after
diploma (short-term) courses are in these fields. Some such
programmes are :
International Business, Small business management, Marketing
management, Human resources management, Operations management,
Cash flow management, Secretarial Practice , Insurance, Banking
management, Equity Arbitrage Trading & operations, Stock
Analysis & portfolio management, Financial accounting.
versus MBA Debate
Jobs for which CA
Accounting (IFRS, GAAP etc)
which MBAs are
Management and Administration
Planning and Implementation
finance specialisation is needed such as HRM, Marketing
Management, Export Management, Retail Management, Information
Systems Management, Production Management, Advertising and
Jobs common to CAs
Shri Ram College of
Cut-off: 98 per cent
USP: Country's top
-ranked institution for commerce courses because of its
experienced faculty and an evolving academic culture.
Lady Shri Ram
College for Women
Cut-off: 97 per cent
USP: A centre for
academic excellence and achievement, LSR is today one of the
finest institutions for commerce, social science and humanities,
while also offering a BSc in statistics. Professional courses like
Elementary Education and Journalism are among its strengths.
Hansraj College, New
Cut-off: 95 to 97
USP: A premier
institution, with highly qualified academicians imparting
education in different fields, the college enjoys a reputation for
outstanding performance in academics, sports and extra-curricular
Hindu College, New
Cut-off: 96.25 per
cent (first cut off list)
USP: The Commerce
Department has a specialised computer lab and a central computer
lab with one computer for every student. The college also offers
admission to Masters in Commerce courses.
Seats: BCom - 280;
BBA - 120
Cut-off: BCom -- 92
%, BBA - 88 %,
USP: The college has
been awarded "A" Grade by NAAC. It has been granted the
status of "College with Potential for Excellence" by UGC.
MCM DAV College for
Women, Sector 36
Seats: B.Com (210);
Cut-off: 75 per cent
USP: The college has
state-of-the-art computer labs, multimedia centre and seminar room
fitted with latest teaching, learning aids - OHPs, LCDs, computers
Seats: BBA- 40;
B.Com - 170.
Cut-off: 92 per cent
Claim to fame:
Maximum university positions in different undergraduate courses
and national championships in Sports.
Multani Mal Modi
Seats: B.Com (180);
Cut-off: B.Com (73
per cent); BBA (62 per cent).
USP: The college is
conferred with the status of "College for Potential of
Excellence" by UGC.
Hans Raj Mahila Maha
Seats: BCom reg.
(225); professional (180); BBA (100)
USP: NAAC A grade.
First Indian college to be awarded maximum score of 3.83 CGPA out
of 4 by NAAC.
College of Commerce
Seats: B.Com (240);
vocational course in Office Management and Secretarial Practice
USP: One of the
oldest colleges in the state, it exclusively imparts education in
the commerce stream.
(Delhi University is
yet to announce its admission policy for 2013)
(Based on selected lists from
India Today, Outlook and other surveys)