What to opt? BBA or B.Com?
A recurring question in the minds of students who have passed the 12th Standard is which course they should pursue for their undergraduate studies. A popular choice, in the emerging economy, is the Bachelor of Business Administration.
Many people are confused and are also unaware of the difference between the conventional course of Bachelor of Commerce (B.Com) and the modern course of Bachelor of Business Administration (BBA).
Curriculum for BBA and B.Com
One of the significant points of difference is that BBA is a managerial course while B.Com is a financial course. This essentially means that the former provides you with the knowledge and training in leadership and management skills while the latter is more concerned with financial skills.
The curriculum of BBA mainly focuses on developing business skills. It is designed to integrate theoretical knowledge along with practical experience.
The syllabus combines the concepts of Management, Information Systems, Finance, Marketing and Human Resources. It is a comprehensive course which familiarizes the students with various aspects of a business.
The degree gives a view of the functional aspects of a business. It also provides adequate knowledge about the interconnections of the same.
The course is devised to develop practical, reasoning, managerial and communication skills of the student. It grants people the ability to make business-related decisions.
It offers students a chance to master leadership and management skills. Not only does it make you capable enough to enter the management field but also introduces you to the various features of effective business management.
There are numerous subjects from which a student can pick from for his/her specialization. Some of the prominent subjects are Human Resources, Marketing and Finance.
On the other hand, the syllabus of B.Com is relatively theoretical and deals considerably with numbers. The syllabus provides an in-depth look into the foundational courses of commerce like Accounts, Administration, Economics, Finance and Industrial Policy.
The course introduces students to the various features of trade and business. It equips students with the relevant knowledge of law, specifically import and export laws.
It also introduces students to the principles of accounting and economic policies.
Eligibility and Admission
A key advantage of the BBA course is that it is not bound to any stream. Unlike B.Com, in which students hailing from a humanities background can’t apply, BBA doesn’t have this restriction.
Students with a background in any of the streams, namely Science, Commerce or Arts can apply for this course. An aspirant needs to have completed their 10+2 education with an aggregate of 45% and he/she is eligible to appear for the course.
The BBA course is a gateway to countless job opportunities in a variety of sectors. The course is ideally supposed to equip one to dive head first into professional life.
One can pursue a management job or even an entrepreneurial venture. The course furnishes you with the necessary skills that are required to make it in this world of cut-throat competition.
The prominent recruiters of BBA graduates include ICICI, Microsoft and IBM. After BBA, a person can opt for varied fields like Banking, Consultancy, Finance, IT, Advertisement, etc. The average starting salary starts from 1.5 lakhs per annum.
At the other end, B.Com prepares students for jobs in numerical fields such as Taxation, Finance and Accountancy. The options for students with a B.Com degree are comparatively fewer. They have a choice between traditional financial sectors like Banking, Consultancy Firm, Tax Practitioner, Junior Accountant, etc.
A relative drawback of the course is that graduates may not get qualitative position unless they have graduated from a renowned college like Garware College of Commerce in Pune. The average annual salary of B.Com graduate starts from 1.2 lakhs.
For students wishing to pursue an MBA after their graduation, BBA is the best option to choose. With a BBA degree, you have an ace up your sleeve while pursuing an MBA. The subjects in the former course prepare you for the curriculum of the latter.
Not only does it give practical experience of the corporate world, but it also provides versatility to your future options. The course has a market-centric approach and hence introduces you directly into the functioning of the corporate world.
A person who has an MBA degree has a better range of options and designations. The average annual salary of an MBA degree holder is 691K.
After receiving a degree in B.Com, a student can continue their postgraduate study in M.Com. Alternatively, they can do a certificate course or opt to become a Chartered Accountant.
In the new era of business, the requirement of business professionals with adequate training is becoming obvious. However, the colleges which provide quality courses are rare. One of the established names is that of Garware College of Commerce in Pune.
Ultimately, it boils down to what you want for yourself in your future. In the long run, those who wish for a management career, BBA is a suitable course. The course will definitely give you an edge over your peers! Register yourself today!