Commerce is a very rewarding professional path and an alluring field. After class 12 board examinations, several students choose the commerce track. However, one thing that often confuses them is the distinction between B.Com and B.Com (Honours) programs offered by various institutions.
B.Com (Bachelor of Commerce) and B.Com (Honors) in the commerce stream need the same time to complete, and their curricula are extremely comparable. Yet, the study curriculum of the B.Com (Honors) degree at certain top colleges is significantly broadened or in-depth, making it somewhat tough. There is a notable difference in the method of instruction between these two commerce programs, with the B.Com (Honors) giving greater professional depth and employability preparation than the Pass course, hence being the chosen option for most students.
Let's compare both these courses to help you make an informed decision.
Difference between B.Com and B.Com (Hons.)
Students who pursue a B.Com will have access to a curriculum that provides an overview of all academic topics. The same topics will be covered in each of these programs. However, students seeking a B.Com degree will not be able to specialize in a particular field, unlike those getting a B.Com degree (Hons). Students in their last year of the B.Com (Hons) degree might choose to specialize in a field such as accounting, economics, finance, etc.
2. Purpose of the Course
The B.Com program is a curriculum designed to familiarize students with the numerous components of the commerce area. They will study how business and commerce take place. In contrast, B.Com (Hons) students receive a business-oriented curriculum to strengthen their business abilities and offer them an in-depth understanding of the sector. This course would benefit students interested in a career in Chartered Accountancy.
3. Admission Standards / Cutoffs
Class 12 board exam scores determine admission to both programs. The only difference is that cutoffs for B.Com (Hons) degrees are much higher than those for B.Com programs. In some of the most prominent colleges, B.Com (Hons) is a very competitive course; year after year, the university cutoffs soar.
4. Market Value
B.Com Courses are unlikely to have a high market value except for the student who takes an MBA or M.Com degree. As a specialized program, B.Com (Hons) gives higher prospects and compensation. The business community highly regards it.
5. Jobs and Wages
Students with a B.Com degree have several employment opportunities. However, the pay is not very high. Freshers may anticipate monthly salaries between Rs. 14,000 and Rs 20,000. In contrast, B.Com (Hons) graduates can receive extremely high wages. Since industry professionals well regard the degree, entry-level graduates may anticipate earning between Rs. 25,000 and Rs. 45,000 per month. Additionally, the compensation alternatives may differ based on the institution from where you graduated.
Industry demand for the B.Com honors program is much greater than the standard program. With the contrast between the two clearly in mind, making a selection should be fairly simple. The college you graduate from matters the most. Hence, students need to choose the best college for pursuing their preferred course.