Introduction

Bcom or BBA, which is better? Let’s dive into the depth of both of the courses to decide what’s best for you.

The choice between BBA or B.Com is a challenge for many commerce students. Briefly put, B.Com offers more career options than BBA. When compared to B.Com, which gives students in-depth knowledge of Accounts, Administration, Finance, and Economics, BBA places more emphasis on a general curriculum that includes Management Information Systems along with Finance, Marketing, and Human Resources.

Before you go for B.Com or BBA, you should know a brief introduction about B.Com and BBA.

Bachelor of Commerce (BCOM)

A Bachelor of Commerce is an undergraduate degree that covers commerce as well as related courses such as finance, accounting, economics, taxes, and insurance. It is intended to improve commerce students’ communication, analytical, and problem-solving abilities. 

BCom is also available as a specialized program, with options including BCom Accounting and Finance, BCom Marketing Management, and BCom Finance. Mathematics is a crucial qualifying factor for admission, hence BCom is typically pursued by students from the business and scientific disciplines. University admission for BCom is based on merit or entrance examinations.

Why BCom?

• Ideal for those who want to learn about finance.
• Providing a solid foundation for commerce-related professional courses such as M.Com, MBA, CS, CA, CMA, CFA, and others. 
• This is more diverse, with a bigger potential for specialization in the sphere of trade and higher opportunities for promotion.
• Because of the greater number of chances, a BCom graduate might earn a rich wage package in the world’s finest organizations.

Scope after BCom

After earning their BCom, many students seek an MCom. MCom courses include topics such as Business Administration, Accounting, and Economics in more depth. However, there are alternative options for furthering one’s education after completing a BCom degree. Some of the popular choices are –

• Chartered Accountancy (CA) 

It is one of the most sought-after job choices for BCom grads who enjoy statistics. Students seeking admission to the CA programme must pass an entrance examination known as the CPT, or Common Proficiency Test. Students who pass this exam will be eligible for the IPCC, or Integrated Professional Competence Course, which encompasses the whole CA program. The IPCC will be a 9-month course, following which candidates must register for a 3-year internship. In the final six months of their internship, students can take the CA final exam and complete a General Management and Communication Skills Programme.

• Cost Accounting 

Cost Accounting students learn how to plan strategies and manage an organization’s finances. Cost Accounting Courses have three levels: Foundation, Intermediate, and Final. The program includes four subjects: Fundamentals of Economics & Management, Fundamentals of Accounting, Fundamentals of Laws & Ethics, and Fundamentals of Business Mathematics & Statistics.

• MBA 

After passing the entrance tests and achieving a specified average percentage of marks in their qualifying examination, students with a BCom degree may be entitled to pursue a post-graduate degree in MBA.

Check out the best PG Program In Financial Modelling with a placement guarantee

Job Opportunities after BCom

After completing the necessary undergraduate courses, a BCom graduate can pursue the following professions.

• Chartered Accountant

A Chartered Accountant is in charge of maintaining an organization’s finances, reviewing taxes, and offering financial advice to the company. It is a highly paid and respected position in any organization.

• Cost Accountant 

A Cost Accountant’s job is to design the firm’s annual budget. It is also a highly sought-after job path that may lead to a prosperous career.

• Company Secretary 

Company Secretaries occupy one of the most crucial responsibilities in any organization. They are in charge of overseeing the company’s day-to-day operations, administrative tasks, legal functions, and other vital functions. It is a highly regarded job in any organization.

• Cost and Management Accountants (CMA) 

CMAs’ job descriptions include developing plans for corporate growth and profit improvement.

Bachelor of Business Administration (BBA)

The underlying idea of business and its applications in the real world may be learned through a Bachelor of Business Administration, an undergraduate degree in commerce and business administration. It is a professional degree that gives students the information and abilities they need to start a career in management, including managerial abilities, operational and marketing competence, and associated knowledge. Aspirants pursuing the MBA are known to use the BBA as a stepping stone.

Why BBA?

• Students have amazing employment prospects at prestigious companies.
• All professions benefit from business-focused skills. 
• The foundations for a master’s degree in business administration are marked for the students.
• Working at significant accounting companies requires a thorough accounting education. 
• The BBA is regarded as the hub for entrepreneurship, enabling students to develop their concepts and expand them into larger schemes. 

Scope After BBA

For greater professional opportunities, BBA students might pursue an MBA or a Post Graduate Diploma in Management. An important benefit of getting an MBA after receiving a BBA is that the candidate will be studying topics that are known to them but in more depth. Students can take one of the several management entrance exams held in India, such as the CAT, XAT, NMAT, MAT, CMAT, SNAP, etc., to qualify for an MBA program, or they can pursue an international MBA by passing the GMAT.

Master of Business Administration (MBA)

MBA courses – Generalized MBA and Specialized MBA.

Generalized MBA

Its course offerings often include topics like accounting, financial management, fund management, marketing tactics, operations management, and human resource management.

Specialized MBA

The most popular courses for MBA students include, among others, finance, marketing management, information technology (IT), human resources (HR), and international business.

• MBA in HR 

An MBA in HR student receives instruction in the area of personnel management, which involves recruiting, onboarding, and developing strategies for managing an organization’s workforce.

• MBA in IT

An MBA in IT will give students the knowledge and abilities to handle the business’s technology. It is one of the most sought-after fields and is essential to an organization’s expansion.

• MBA in Finance 

Students who enroll in an MBA program with a Finance concentration will get knowledge of a business’s economic and financial components. Students who excel in mathematics or have an interest in numbers will particularly benefit from this course.

• MBA in Marketing Management 

An MBA in Marketing Management will concentrate on the elements of a company’s marketing division. Students will get the practical and soft skills required for a career in the sector while learning about marketing management.

Best PG Program In Investment Banking

Job Opportunities After BBA

After earning an MBA, a student with a BBA degree might join the corporate workforce or the management profession to carry out the following jobs in an organization. After earning an MBA, all career routes can lead to lucrative positions with reputable companies.

• Human Resource Manager 

A human resource manager plays a very important position in an organization since they are responsible for hiring qualified workers and protecting their rights. The human resource manager may contribute to the expansion of the business and raise employee productivity.

• Operations Team Leader 

The operations team leader is in charge of the organization’s customer services and is also in charge of maintaining the company’s resources and assets.

• Project Manager 

The project manager oversees the work of the team members and updates higher-ups on the status of the projects the company is working on.

• Solutions Applications Product (SAP) Consultant

An SAP Consultant provides direction to the organization using SAP software. The consultant must also update the business on the most recent improvements and technical developments in the industry.

How to Choose Between BCOM or BBA?

The choice between a BCOM and a BBA might be quite difficult. Here are the fundamental distinctions between these two courses’ components so you can see why you should choose one over the other.

• BCom is primarily focused on subjects and specializations in commerce, whereas BBA offers a wide range of specializations, including Management, Travel & Tourism, Media, Marketing, and many more. Therefore, a BCom is your best option if you want to study business and management in the context of the commercial world and global commerce.
• BBA is ideal for students looking to follow a particular specialization in management, such as media and communications, banking and finance, digital marketing, tourism management, or human resource management.
• BCom can be a suitable option for you if you’re a student who wants to pursue a career in business, is curious about the subject’s many facets, and enjoys working with statistics.
• BBA may be the most straightforward option if you are interested in a career in management and want to acquire the necessary abilities to solely work in that field.

BCOM Vs BBA

Conclusion

There are significant parallels between the course structures of BBA and BCom. However, BCom places more of an emphasis on the academic parts of the disciplines than on their professional and practical applications. The BBA, on the other hand, emphasizes practical applications, and students may learn through projects and case studies. When considering eligibility, BBA may be simpler to get into because it accepts applicants from practically all streams. Admission to a BCom (Hons) program might be challenging since institutions may have more stringent requirements.

Best PG Program In Financial Modelling