B.Com
Bachelor of Commerce
B.Com Syllabus 2026
The Bachelor of Commerce (B.Com) syllabus covers a structured programme spanning 3 Years designed to build both foundational knowledge and specialised expertise. The curriculum varies by specialisation, with 4 specialisations available including Accounting, Banking, Finance. Below is the detailed semester-wise subject breakdown and programme structure.
B.Com Semester-wise Subjects
B.Com Syllabus & Subjects
The B.Com syllabus covers core commerce subjects - accounting, taxation, business law, economics, and financial management - with specialisation options in later years. Under NEP 2020, the curriculum follows a Choice Based Credit System (CBCS) with major, minor, and elective papers.
Core Subjects Across All Years
| Category | Subjects |
|---|---|
| Accounting | Financial Accounting I & II, Corporate Accounting, Cost Accounting, Management Accounting |
| Taxation | Income Tax Law & Practice, GST (Goods & Services Tax), Tax Planning |
| Business Law | Business Law (Indian Contract Act, Sale of Goods Act), Corporate Law (Companies Act 2013) |
| Economics | Microeconomics, Macroeconomics, Indian Economy |
| Finance & Management | Financial Management, Business Organisation & Management, Entrepreneurship Development |
| Quantitative | Business Statistics, Business Mathematics, Computer Applications in Business |
| Communication | Business Communication, English/Hindi Language, Environmental Studies |
B.Com Specialisations
| Specialisation | Focus Areas | Best For |
|---|---|---|
| B.Com General | Broad coverage of accounting, economics, and business | CA/CS aspirants, banking exam preparation |
| B.Com Honours | Advanced accounting, economics, and specialised papers | M.Com, PhD, corporate placements at top colleges |
| B.Com in Accounting & Finance (BAF) | Advanced financial accounting, financial services, portfolio management | CA/CFA aspirants, finance industry (popular in Mumbai University) |
| B.Com in Banking & Insurance (BBI) | Banking operations, insurance principles, IRDA regulations | Banking careers, insurance sector, SBI/IBPS aspirants |
| B.Com in Financial Markets (BFM) | Capital markets, derivatives, SEBI regulations, portfolio management | Stock broking, investment banking, mutual fund industry |
Practical & Skill Components
- Tally ERP / Tally Prime: Most universities include practical training in Tally for GST returns, balance sheets, and journal entries. Essential for accounting jobs.
- MS Excel & Advanced Spreadsheets: Financial modelling, pivot tables, VLOOKUP, macros - used extensively in finance and analytics roles.
- E-filing & GST Portal: Income tax e-filing, GST return filing, TDS calculations - practical tax compliance training increasingly included.
- Project Work / Internship: Final-year project report on a commerce/finance topic. Many colleges mandate a 4-6 week summer internship at CA firms, banks, or corporates.
- Industrial Visits: Visits to stock exchanges (BSE/NSE), RBI, corporate offices, and manufacturing units for practical exposure.
B.Com Programme Structure & Credit Distribution
B.Com Year-wise Curriculum
The B.Com curriculum follows a progressive structure - Year 1 builds foundations in accounting and economics, Year 2 introduces taxation and corporate accounting, and Year 3 covers advanced topics and specialisations. Under NEP 2020 CBCS, each year typically carries 36-44 credits.
Year 1 - Foundation Year
| Semester | Core Subjects | Additional Papers |
|---|---|---|
| Semester 1 | Financial Accounting I, Business Organisation & Management, Microeconomics | Business Communication, Environmental Studies |
| Semester 2 | Financial Accounting II, Business Law (Contract Act, Sale of Goods), Business Mathematics & Statistics | English / Hindi Language, Computer Applications |
Year 2 - Intermediate Year
| Semester | Core Subjects | Additional Papers |
|---|---|---|
| Semester 3 | Corporate Accounting, Cost Accounting, Macroeconomics | Entrepreneurship Development, Skill Enhancement (Tally/Excel) |
| Semester 4 | Income Tax Law & Practice, Financial Management, Business Statistics | Indian Economy, Generic Elective |
Year 3 - Advanced Year
| Semester | Core Subjects | Additional Papers |
|---|---|---|
| Semester 5 | Management Accounting, Auditing & Assurance, GST (Goods & Services Tax) | Banking & Insurance, Discipline Specific Elective |
| Semester 6 | Corporate Law (Companies Act 2013), Investment Management, International Business | Project Work / Dissertation, Discipline Specific Elective |
NEP 2020 Year 4 (Honours with Research)
- Semester 7: Advanced Research Methodology, Specialisation Papers (Advanced Taxation, International Finance, or Financial Derivatives), Minor Project
- Semester 8: Dissertation / Research Project, Advanced Elective (Forensic Accounting, Data Analytics for Business, or Behavioural Finance), Viva Voce
- 4-year B.Com Honours graduates qualify for direct M.Phil/PhD admission - bypassing M.Com
Skills Developed in B.Com
Skills Required & Acquired in B.Com
B.Com develops a combination of domain-specific accounting/finance skills and transferable analytical abilities. The programme balances theoretical knowledge with practical competencies valued by employers across finance, banking, and corporate sectors.
Technical Skills Acquired
Financial Accounting
Journal entries, ledger posting, trial balance, final accounts (P&L, Balance Sheet). Partnership accounts, company accounts (shares, debentures), amalgamation. Practical training in Tally Prime and computerised accounting systems.
Taxation & Compliance
Income Tax computation (salary, house property, capital gains, business income), TDS provisions, advance tax. GST return filing (GSTR-1, GSTR-3B), input tax credit, reverse charge mechanism. Tax planning and compliance fundamentals.
Cost & Management Accounting
Cost classification, material and labour costing, overhead allocation. Marginal costing, break-even analysis, standard costing, variance analysis. Budget preparation, CVP analysis, capital budgeting (NPV, IRR, payback period).
Auditing & Assurance
Audit planning, internal control evaluation, vouching and verification of assets/liabilities. Audit report drafting, statutory audit under Companies Act. Understanding of SA (Standards on Auditing) and CARO requirements.
Software & Digital Skills
| Tool / Software | Usage in B.Com | Industry Relevance |
|---|---|---|
| Tally Prime / Tally ERP 9 | GST-compliant bookkeeping, voucher entry, BRS, inventory | Used by 90%+ of Indian SMEs for accounting |
| MS Excel (Advanced) | Financial modelling, pivot tables, VLOOKUP, charts | Essential for all finance and analytics roles |
| Income Tax Portal | E-filing ITR (1, 2, 3, 4), TDS returns, Form 26AS verification | Core skill for tax consultancy and CA practice |
| GST Portal | GSTR-1 filing, GSTR-3B, input credit matching | Mandatory for all businesses; growing demand for GST professionals |
| SAP / ERP Basics | Introduction to enterprise resource planning systems | Used by large corporates; SAP FICO certification adds ₹3-5 LPA value |
Transferable Skills
- Analytical Thinking: Financial statement analysis, ratio analysis, trend analysis, and interpretation of business data for decision-making.
- Numerical Aptitude: Strong quantitative foundations from accounting, statistics, and mathematics - directly useful for CAT/banking exam preparation.
- Legal Awareness: Understanding of Indian Contract Act, Companies Act, GST Act, Income Tax Act - valuable for corporate compliance roles.
- Communication: Business letter writing, report preparation, presentation skills, and professional communication for corporate environments.
- Ethical Judgement: Understanding of professional ethics, corporate governance, and regulatory compliance - critical for audit and CA practice.
B.Com Specialisations
The syllabus and curriculum differ by specialisation. Explore all 4 available specialisations: