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Best University For B.Com Distance Education: Ignou, Full Guide

B.Com Distance Education: Short Overview

B.Com Distance Education provides a flexible learning approach for earning a Bachelor of Commerce degree. This mode of education is designed to accommodate the needs of individuals who cannot attend regular, on-campus classes due to professional or personal commitments.

Key Features:

Why Choose B.Com Distance Education?

Why B.Com Distance Education?

Who Should Pursue B.Com Distance Education?

When to Do B.Com Distance Education?

Eligibility and Duration of B.Com Distance Education

Aspect Details
Minimum Qualification 10+2 from a recognized board
Minimum Marks Usually 50% or as specified by the institution
Duration 3 years (standard), up to 5 years (extended)

Top Specialization in B.Com

Specialization Key Subjects Career Opportunities
Accounting Financial Accounting, Auditing, Taxation Accountant, Auditor, Financial Analyst
Finance Financial Management, Investment Analysis Financial Planner, Investment Banker
Marketing Marketing Strategies, Consumer Behavior Marketing Manager, Sales Executive
Human Resource Management Recruitment, Employee Relations HR Manager, Talent Acquisition Specialist
International Business Global Trade, International Marketing Export Manager, International Business Consultant
E-Commerce Online Business Models, Digital Marketing E-Commerce Manager, Digital Marketer
Banking and Insurance Banking Operations, Insurance Management Bank Officer, Insurance Agent

Top Colleges for B.Com Distance & Online Education with Fees

Institution Fee Range (Per Year)
Indira Gandhi National Open University (IGNOU) ₹10,000 – ₹15,000
Sikkim Manipal University (SMU) ₹20,000 – ₹30,000
Amity University Online ₹30,000 – ₹40,000
University of Mysore - Online Learning ₹15,000 – ₹25,000
Lovely Professional University (LPU) ₹25,000 – ₹35,000
Chandigarh University Online ₹20,000 – ₹30,000
University of Calcutta - Distance Education ₹12,000 – ₹18,000
Dr. B.R. Ambedkar Open University (BRAOU) ₹8,000 – ₹12,000

Entrance Exam for B.Com Distance Education

Most B.Com Distance Education programs do not require entrance exams for admission. Instead, they typically have the following admission criteria:
  1. Educational Qualification: Completion of 10+2 (Higher Secondary) from a recognized board.
  2. Minimum Marks: Generally, a minimum percentage in the qualifying exam as specified by the institution.
However, a few institutions might have specific criteria or entrance exams depending on their policies. Here are some details about common scenarios:

1. Indira Gandhi National Open University (IGNOU) Distance Education

  • Entrance Exam: Not required.
  • Admission Based On: 10+2 qualification.

2. Sikkim Manipal University (SMU) Distance Education

  • Entrance Exam: Not required.
  • Admission Based On: 10+2 qualification.

3. Amity University Online Distance Education

  • Entrance Exam: Not required.
  • Admission Based On: 10+2 qualification and other criteria as per the program.

4. University of Mysore – Online Learning Distance Education

  • Entrance Exam: Not required.
  • Admission Based On: 10+2 qualification.

5. Lovely Professional University (LPU) Distance Education

  • Entrance Exam: May require a university-specific entrance test or interview for certain programs.
  • Admission Based On: 10+2 qualification and entrance test (if applicable).

6. Chandigarh University Online Distance Education

  • Entrance Exam: Not required.
  • Admission Based On: 10+2 qualification and sometimes a personal interview.

7. University of Calcutta – Distance Education

  • Entrance Exam: Not required.
  • Admission Based On: 10+2 qualification.

8. Dr. B.R. Ambedkar Open University (BRAOU) Distance Education

  • Entrance Exam: Not required.
  • Admission Based On: 10+2 qualification.

B.Com Syllabus: A Comprehensive Breakdown"

The syllabus for a B.Com Distance Education program is designed to provide a comprehensive understanding of commerce and business principles. Here’s a detailed outline for each year:

1. First Year Syllabus for B.Com Distance Education

  • Principles of Management
    1. Introduction to Management
    2. Planning and Decision Making
    3. Organizing
    4. Leading and Controlling
  • Financial Accounting
    1. Basic Concepts and Principles
    2. Journal Entries
    3. Ledger Posting
    4. Preparation of Financial Statements
  • Business Economics
    1. Microeconomic Concepts
    2. Macroeconomic Principles
    3. Market Structures
    4. Government Policies
  • Business Mathematics
    1. Arithmetic and Algebraic Techniques
    2. Calculus for Business
    3. Statistical Methods
  • Business Communication
    1. Effective Communication Skills
    2. Business Correspondence
    3. Report Writing
    4. Presentation Skills

2. Second Year Syllabus for B.Com Distance Education

  • Corporate Accounting
    1. Accounting for Share Capital
    2. Accounting for Debentures
    3. Company Accounts
    4. Consolidated Financial Statements
  • Cost Accounting
    1. Cost Concepts and Classification
    2. Costing Methods and Techniques
    3. Budgeting and Variance Analysis
  • Business Law
    1. Indian Contract Act
    2. Companies Act
    3. Partnership Act
    4. Consumer Protection Act
  • Marketing Management
    1. Principles of Marketing
    2. Marketing Strategies
    3. Consumer Behavior
    4. Market Research
  • Human Resource Management
    1. Recruitment and Selection
    2. Training and Development
    3. Performance Appraisal
    4. Industrial Relations

3. Third Year Syllabus for B.Com Distance Education

  • Financial Management
    1. Financial Planning and Control
    2. Capital Budgeting
    3. Working Capital Management
    4. Financial Analysis
  • International Business
    1. Global Trade Theories
    2. International Marketing
    3. Foreign Exchange Management
    4. International Business Regulations
  • Banking and Insurance
    1. Banking Operations
    2. Financial Intermediaries
    3. Insurance Principles
    4. Risk Management
  • Entrepreneurship Development
    1. Entrepreneurial Traits
    2. Business Plan Preparation
    3. Small Business Management
    4. Funding and Financing
  • Project Work/Dissertation
    1. Research Methodology
    2. Data Collection and Analysis
    3. Project Report Preparation

Books for B.Com Distance Education

 First Year and Second Year

Subject Book Title Author(s)
Principles of Management Principles of Management Harold Koontz & Heinz Weihrich
Financial Accounting Management: Principles and Practices Stephen Robbins & Mary Coulter
Financial Accounting Financial Accounting T.S. Grewal
Business Mathematics Advanced Accounting S.P. Jain & K.L. Narang
Business Mathematics Business Mathematics and Statistics J.K. Sharma
Business Economics Business Economics Dominick Salvatore
Business Communication Managerial Economics William F. Samuelson & Stephen G. Marks
Business Communication Business Communication Urmila Rai & S.M. Rai
Business Communication Business Communication: Process and Product Mary Ellen Guffey & Dana Loewy
Corporate Accounting Corporate Accounting S.P. Jain & K.L. Narang
Cost Accounting Cost Accounting S.P. Jain & K.L. Narang
Cost Accounting Cost Accounting S.N. Maheshwari
Business Law Business Law Charles T. Horngren & George Foster
Business Law Business Law M.C. Kuchhal
Marketing Management Business Law and Ethics S.N. Maheshwari & S.K. Maheshwari
Marketing Management Marketing Management Philip Kotler & Kevin Lane Keller
Human Resource Management Principles of Marketing Philip Kotler & Gary Armstrong
Human Resource Management Human Resource Management Stephen P. Robbins
Human Resource Management Human Resource Management Sangeet, Redman, & Barry

 Third Year 

Subject Book Title Author(s)
Financial Management Financial Management I.M. Pandey
Financial Management Principles of Corporate Finance Richard A. Brealey, Stewart C. Myers, & Franklin Allen
International Business International Business Charles W.L. Hill
International Business International Business: Competing in the Global Marketplace Charles W.L. Hill & G. Tomas M. Hult
Banking and Insurance Banking Theory, Law and Practice H.R. Machiraju
Banking and Insurance Principles of Risk Management and Insurance George E. Rejda & Michael McNamara
Entrepreneurship Development Entrepreneurship Development C.B. Gupta & N.P. Srinivasan
Entrepreneurship Development Entrepreneurship: Theory, Process, and Practice Donald F. Kuratko & Richard M. Hodgetts
Project Work/Dissertation Research Methodology: Methods and Techniques C.R. Kothari
Project Work/Dissertation Research Methodology: A Step-by-Step Guide for Beginners Ranjit Kumar

Types of B.Com Programs

Type of B.Com Format Duration Mode of Study Focus Ideal For
B.Com Regular Full-time, on-campus 3 years Physical attendance Core commerce, practical exposure Traditional college experience seekers
B.Com Distance Education Online/correspondence 3 years (flexible) Self-paced Core commerce with flexible schedule Working professionals, distance learners
B.Com [Hons.] Full-time, on-campus 3 years Physical attendance Advanced, specialized commerce subjects Advanced students and research-focused learners
B.Com with Computer Applications Full-time, on-campus 3 years Physical attendance Commerce + IT management Those combining commerce with IT skills
B.Com (International Business) Full-time, on-campus 3 years Physical attendance Global trade, international commerce Careers in international business
B.Com (Accounting and Finance) Full-time, on-campus 3 years Physical attendance Advanced accounting and finance principles Careers in accounting and finance
B.Com (Banking and Insurance) Full-time, on-campus 3 years Physical attendance Banking and insurance principles Banking and insurance job seekers
B.Com (E-Commerce) Full-time, on-campus 3 years Physical attendance E-commerce and online technologies E-commerce and online business

Admission Procedure for B.Com Distance Education

Career Options After B.Com

Accountant

Financial Analyst

Tax Consultant

Banking Officer

Investment Banker

Insurance Advisor

Business Development Executive

Marketing Executive

Sales Manager

Human Resources Manager

Audit Manager

Stockbroker

Corporate Finance Manager