Top Commerce Colleges in India 2023

Commerce, as a subject course study, is defined as an in-depth understanding and study of trade, finance, and business activities. The study of commerce is important to understand the daily workings of market structures, exchange systems of goods and services, manufactures, producers, and how a business works. One can study commerce from class 11 to bachelors, to masters, and even PhD. Many individuals with interest in business and finance study commerce courses and later pursue either commerce itself or even BBA and MBA since they are related course studies. Most students, after completing BCom opt to do MBA for better future scope and knowledge of a particular field of a subject in business and finance management.

Commerce includes subjects like business laws, economics, Mathematics and Statistics, accounts, IT, banking, and financial system, as their main subjects. The course prepares students for future business-oriented personnel, bankers, chartered accountant, financial advisor, investment officer, and much more. It provides a whole lot of scope in various job sectors, especially for students with a postgraduate degree in commerce.

India, as a business and finance-oriented country, has many colleges that offer the best commerce course study. Let us take a detailed look at the list of commerce colleges in all zones of India, i.e. North, East, West, and South zones.

• Specializations available for Commerce Colleges in India

The study of commerce itself offers specialization with the variety of subjects it offers to its students to enhance their skills and potential. Generally, students with a good score in class 10, with careers dreams and interest in the fields of finance, market, and accounting, or business management usually opt for commerce stream in class 11 and 12. After that, they study B. Com or BBA after completion of class 12 in commerce, and later MCom. The job profiles range from CA to an investment banker, to business administration. The course offers more than 10 specializations for students. Some of the most popular specializations in commerce field of the subject include,

1.  Business studies

2.  Accounts and Audit

3.  Banking and Insurance

4.  Financial Accounting and Taxation

5.  E-Commerce

6.  Finance

• Eligibility Criteria for Commerce Courses

There are more than 10,000 commerce colleges in India. There are a lot of students enrolled in commerce courses since it is considered a prestigious subject of study after engineering courses, and the demand for commerce courses keeps on increasing among students due to the scope and future career opportunity it offers to its students. More than 70 lakh students opt to study commerce every year. To accommodate many students for the course, certain eligibility criteria are made by universities and colleges for the admission process.

For Diploma

An individual who does not want to pursue further studies after class 12 but wants to gain knowledge and skills in commerce can apply for a diploma in commerce studies which is usually a one to two years program. The minimum eligibility criteria require an individual to have completed class 12 in commerce or science or any other subject.

For Undergraduate degree

1.  Minimum qualification is 10+12, with a minimum score of 60%.

2. Candidates with a commerce background are preferred, but anyone from any course can apply.

3. The admission process is through merit or entrance base as per the university’s need.

For Postgraduate degree

1.  An individual must have scored minimum marks of 55% and above in previous course degree.

2.  Candidates must have completed a bachelor’s degree in commerce or business management studies.

3.  Admission is based on entrance exam or merit base.

• Admission Process for Commerce Colleges in India

Individuals seeking admission to commerce courses are usually selected based on their merit by most universities since the intakes are pretty much the same as arts and science students everywhere.

At the undergraduate level, admissions are based on merit by many colleges, and cut-offs are provided by the college as per their need. The cut off in Delhi and Mumbai university can reach up to 90% according to the college criteria and requirements. However, entrance exams are conducted by the college itself, and in India, only a few colleges conduct entrance exams for admissions to commerce course study. They are.

1.  NMIMS NPAT

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai conducts a university level entrance test for admissions to undergraduate and integrated courses offered by NMIMS. Through this exam, candidates can study at NMIMS institution for various courses offered by them.

2.  TGUGCET

Telangana Social Welfare and Tribal Welfare Residential Educational Institutions Societies (TSWREIS), Hyderabad conducts TGUGCET entrance exams for admissions to undergraduate degree courses of BA, BCom, BBA, BSc in TSW Residential colleges for women and TTW Residential Degree Colleges for men and women. It is an online mode of exam conducted every year.

For admissions to M. Com course study, it is either merit based, or various entrance exams are also conducted. They are.

1.  JUEE

Jagannath University Entrance Exam is a university level entrance exam conducted for admissions to UG, PG, and PhD courses. The exam is conducted by Jagannath University, Rajasthan, three times in a year with 2 hours exam duration. It is an offline mode of the entrance exam.

2.  CPGET

Previously known as OUCET, CPGET is a Common Post Graduation Entrance Test is a state-level exam for admissions to MA, MCom, MSc, PGDM, etc. which is conducted by Osmania University. The entrance exams are for admissions to PG courses in Osmania, Telangana, Mahatma Gandhi, and Palamuru Universities.

3.  AUCET

Andhra University Common Entrance Test (AUCET) is a state-level entrance exam conducted by Andhra University, Visakhapatnam. The exam is conducted for admissions to various postgraduate courses offered by colleges affiliated with Andhra University and Dr BR Ambedkar University, Srikakulam. It is held once every year, and it is an offline mode of exam.

• List of Commerce Colleges in India (Zone Wise)

Let us look at the top list of commerce colleges in India which are in different zones, i.e. north zone, east zone, south zone, and west zone.

Commerce Colleges in India: Top Commerce Colleges in North Zone

India, known as a commerce-oriented country, has more than 10,000 colleges that offer commerce courses to lakhs and lakhs of students across the country. There are many colleges that offer commerce course study in the north region of India. For students looking for best colleges to study commerce in the north zone, they can find the best ideal colleges in the list given below, which includes best commerce colleges in different states of the north zone in India.

Commerce Colleges in India: Top Commerce Colleges in East Zone

The east region in India consists of many colleges that offer commerce course subject to students. Many students in this area opt to study commerce in various top colleges. The states in this region have a lot to offer. Let us take an in-depth look at some of the top commerce colleges in the eastern region of India with the rankings and entrance exams accepted for admissions.

Commerce Colleges in India: Top Commerce Colleges in South Zone

The south zone comprises a lot of commerce colleges for students wanting to pursue commerce courses. The states in the south region offer various facilities to its students. Below are the top commerce colleges in the south zone of India.

Commerce Colleges in India: Top Commerce Colleges in West Zone

Many students across the country seek admissions in commerce courses in cities like Mumbai in the west zone of India since it provides some of the best commerce colleges in India as a financial capital of India. The regional states are rich in commerce education and colleges offering such course study. The top colleges offering commerce in the west zone are given below.

Frequently Asked Question

1. Is it worth studying commerce?

The study of commerce will open many job opportunities in the field of finance, marketing, and business administration. Therefore, the study of commerce as a subject is worth it with the benefits and scope it offers.

2. What subjects are studied in commerce?

Subjects of economics, accounts, finance, business, and much more are studied in the commerce course degree.

3. Which is the famous college for pursuing Commerce in Mumbai?

Affiliated college of the University of Mumbai and Jai hind college is known for commerce courses. Apart from these, in Mumbai, there are a lot of colleges that offer commerce courses.

4. Can I pursue an MBA course with a degree in B.Com?

Many students, after completion of a bachelor’s in commerce degree, tend to opt for an MBA since it offers more opportunities and higher-paying jobs in the future. Therefore, an individual with b. com degree can pursue MBA course degree.

5. What are the job profiles for commerce students?

With a degree in commerce, one can work as a chartered accountant, investment banker, stock analyst, financial advisor, business manager, and much more.

6. What is the average salary with commerce?

The average salary of an individual depends on the level of degree, skills, knowledge, experience, and expertise. The average salary of an individual with a degree in commerce ranges from INR 5 to 7 lakhs.

7. Is the entrance exam necessary for admissions to commerce courses?

Certain universities may offer entrance tests for admissions to commerce courses; however, most colleges proceed with admissions based on merit.

8. What is the average course fee of commerce?

The average fees differ from colleges to colleges, whereas in private colleges, fees are more and in government colleges, fees are less compared to private colleges. The average fees range from Rs. 20,000 to Rs. 120,000.

9. Is business management and commerce the same?

Business management and commerce courses are different course degrees. However, they are similar in the subjects studied since both focus on the business management and finance aspects of studies.

10. Is commerce a difficult course study?

Any course subject is difficult, but if one pursues it with interest and enthusiasm, they can successfully complete the course subject. Commerce naturally consists of finance, math, statistics and business and market studies, due to which it may be tougher, but anyone with the desire to do it can complete it.