Bachelor Degree in Commerce or BCom abroad is a 4 years degree course. It deals with subjects like Business Accounting, Quantitative Techniques, Management Accounting, Corporate Finance, Debt Markets, Banking, Insurance, Financial Modelling, Financial Reporting & Analysis Standards, Research Methodology, Derivatives, Taxes, and Wealth Management
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Why Study BCom Abroad?
There are many reasons to do a BCom abroad. Some of them are mentioned below:
- Among the top 5 QS Rankings of Colleges related to Finance, the Top 5 is dominated by colleges from the USA and the UK
- The UK has a large amount of Indians already living which helps new students to settle very well.
- An undergraduate degree from any of the top colleges in the USA or UK helps a lot when it comes to getting admission for Graduation or getting a job.
- The economic structure is very well placed in Europe and the USA for studying finance.
See Also: Why Study in the USA?
BCom Abroad Top Colleges
Top colleges for Commerce with the QS World Accounting and Finance Rankings, college name, Location and Fee are mentioned below:
| QS World Accounting and Finance Colleges Rankings | College Name | Location | Fee |
|---|---|---|---|
| 1 | Harvard University | United States | 35,54,730 |
| 2 | MIT | United States | 36,57,000 |
| 3 | Stanford University | United States | 13,32,500 |
| 4 | London School of Economics and Political Science | United Kingdom | 19,62,800 |
| 5 | University of Oxford | United Kingdom | 33,27,800 |
BCom Abroad Admission Process
The admission process that the student must follow in order to get a hassle-free admission in any foreign college is mentioned below:
- Write a personal statement explaining the subject interest
- School reference provided a teacher
- Submit Online Preliminary Application
- Complete the Supplementary Application Questionnaire (SAQ) sent by the University
- Submit the academic transcripts, as per the course’s requirements.
- Most applicants need to take a subject-specific written admission assessment, either pre-interview or at an interview.
- A reasonable standard in spoken English is required at the time of interview.
BCom Abroad Eligibility
Some of the basic eligibility criteria for admission in an Art School around the world are mentioned below:
- Successful completion of 15 years of study qualifications
- A personal statement from the applicant
- At Least 70% in class 12 Boards
- At least 2 references
- Work experience for 1-2 years is very important
- Proof of English language proficiency
- Quality of portfolio must be high
- Interview performance must be good
The language requirements for studying abroad are mentioned below:
- Minimum 5.5 in IELTS
- Minimum 90 in TOEFL
- Minimum 61 in PTE
BCom Abroad Cost of Study
The basic expenses that a student undergoes when going overseas for studies are mentioned below:
| Type of Expense | Price (INR) |
|---|---|
| Visa Application Cost | 6,347 - 38,500 |
| IELTS Fees | 14,000 - 18,000 |
| TOEFL Fees | 12,000 - 19,000 |
| GMAT Fees | 19,000 |
| GRE Fees | 14,350 - 17,300 |
| Travel Costs | 37800 - 1,05,000 |
Completing Bachelors Abroad gives a massive opportunity to shine in the future as the student will be marked by others.
B.Com Abroad FAQs
Ques: Which country is best for BCom?
Ans: B.Com can be pursued from top colleges/universities abroad. The top abroad colleges offer the best of infrastructure as well as research facilities. The top countries for pursuing the BCom courses abroad are USA, UK , Canada and Australia. However, the fees are considerably on the higher side.
Ques: What is BCom called in USA?
Ans: BCom is generally called Bachelor of Commerce in the USA. However, some of the comparable courses are Bachelor of Science in Business administration, Bachelor of Business Management, BA in Management, etc.
Ques: What can I do after BCom in abroad?
Ans: Candidates after completion of the B.Com degree in Abroad can start working in different job profiles after the completion of the BCom degree. The average salary of BCom graduate in the foreifn nation ranges between INR 40,00,000-INR 50,00,000 Per annum.
Ques: What is B Com called in Canada?
Ans: It is also called BCom or Bachelor of Commerce in Canada.
Ques: Which BCom degree is best?
Ans: The BCom specialization offers a lot of choice in term job profiles as well as the higher education option. However, some of the popular BCom courses are BCom Accounts and Finance, BCom Accountancy, BCom Banking and Finance, BCom Economics, etc.
Ques: Which college is best after 12th commerce?
Ans: Some of the Best colleges after 12th Commerce are Shri Ram College of Commerce, Hindu College, Lady Shri Ram College for Women, etc.
Ques: Is BCom a good degree?
Ans: Yes, BCom is a decent academic choice in India. An average B.Com in India earns around INTR 455,000 per annum.
Ques: What is Fullform of BCom?
Ans: The Full Form of BCom is Bachelor of Commerce. It is a three years undergraduate program.
Ques: Can I do BCom without maths?
Ans: Yes, most of the universities keep maths as a pass subject for the BCom curriculum. However the candidates need to know about the basic mathematical operations.
Ques: Is B Com A graduation?
Ans: Yes, BCom is a graduation course. The duration is for a period of 3 years
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