B.com, CA-CPT

BCom and CA (Chartered Accountancy) courses are not much different from each other. There is only one major difference that the level of difficulty is much higher in the CA course as compared to the B.com.

B.com. or Bachelor of Commerce is a 3-year undergraduate course that is known to be the second most popular undergraduate course in the Commerce stream.

B.com with CA is divided into six semesters. Various topics such as financial accounting, economics, company law, corporate tax, auditing, business management, etc., and many more are present in B.com Syllabus to increase the skill threshold of the student.

See Also: B.com Admission

Chartered Accountants are known to be some of the highest-paid career professionals in India. The Candidate has to receive a legal affirmation from a legal body that can provide documented proof that the following individual possesses the much needed skills and essential capabilities needed to handle the bookkeeping and tax collection from a business.

There are three levels of training designed by ICAI to be cleared to qualify as a certified CA.

Check MBA vs CA

B.com Fees with CA preparation varies from college to college and is around INR 150000. Students after completing B.com with CA will have huge salary with B.com Jobs.

Students may be interested to undergo other courses with B.com like B.com LLB, B.com with ACCA, BCom with CA or BCom with MCom Integrated Course.

B.com with CA: Eligibility Criteria

B.com Eligibility

The candidates must have completed their 12th standard.
It is also expected from the students that they must choose the Commerce stream in their 11th and 12th standard with their main subjects to be English, Accountancy, Business Studies, Economics, and Maths as an optional subject.
The students need to pass their exams with a minimum percentile of marks.
This particular criterion is decided by each college or university according to their discretion.
The minimum cut-off marks are changed every year by the college authorities.

CA Eligibility

Candidates or students fall under eligibility to complete the registration for Chartered Accountant CPT, right after they complete 10th standards. But, they can only appear for the exams after completing their 12th standards.
The students who are willing to appear for the CA exam do not need to be from a particular stream. All students from the commerce, science, and arts stream can apply for the exam.
Students who have streams other than commerce but are willing to give the CA exams need to score a minimum of 55% aggregate marks if mathematics is excluded and 60% minimum aggregate marks if we include mathematics as a subject in the 12th standard.

Can B.com and CA be Pursued Together?

Aspirants can do CA and B.com together if they are eligible for both the programs, separately.
Whether pursuing both programs simultaneously is a better option or not, is a matter of your discretion. It’s no easy task to pursue two degrees simultaneously.
Although the topics included in the first and second year of the B.com syllabus are almost similar to the CA Foundation course, the difficulty level of the topics in CA is much higher. But, if aspirants are dedicated and hardworking then managing both the courses would not be very difficult.

B.com with CA: Jobs and Career Prospects

Benefits of BCom with CA

Candidates pursuing B.Com with CA will have improved career options regarding the job prospects in terms of access to different job profiles as well as the a general enhancement of the salary. In the following segment we will try to explain the benefits of BCom with CA so that the candidates are able to make an informed decision.

Enhanced Knowledge: The BCom course will help the candidates to gain conceptual knowledge about the various subjects related to commerce that includes accountancy, taxation, economics, etc. A CA course on the other hand allows the candidates to gain an in-depth knowledge about financial management, accounting, etc.
Better Job opportunities: The candidates after completing their B.Com with CA are absorbed in various positions such as Chartered Accounts Financial Analysts, Finance Officers, Finance Managers, Auditors, etc. A simple B.Com graduate in India earns an average salary of INR 453,708 Per annum while a BCom with CA in India earns around INR 795,838 per annum, according to Payscale website. More than 1.75 the salary of BCom.
Scope For Future Education: Although the CA is considered to be one of the most high profile courses in the commerce stream. The CA is considered to be a professional course, however candidates need to have a graduation degree for pursuing postgraduate degree such as MBA in the future. Thus, the BCom degree is highly necessary for further education and also employment options.
A safety option: One of the benefits of BCom with CA is that it can be seen as a safety option for the candidates. CA is one of the toughest courses to pursue in India. Only 6% of the students have passed both the groups in 2022. Thus, if anything goes wrong then the candidates will have a degree to fall back upon.

BCom with CA: Jobs and Career Prospects

Students with both BCom and CA have great opportunities in the field of finance and accountancy. Various auditing firms hire accountants with knowledge in finance.

CA Firm or MNC

E&Y, PWC, Deloitte, and KPMG are the Big 4 companies that employ CAs.
These companies offer vast opportunities along with a good salary package.
Also, candidates can start their own CA firm.
After learning for 4 years and working hard, CAs master the art of dealing with clients and other stakeholders in the business.
CA Firms generally offer salaries between 3-8 lacs.

IT Sector

Every kind of firm needs an accountant. There is a great demand for Chartered Accountants in big IT Companies like TCS, Wipro, Infosys, etc.
The workload in such companies is also less but the pay scale is high and it increases with increased experience.

Teacher

Being a teacher is a respectable and great job. This profession involves passion and deep knowledge.
Candidates who feel teaching is their calling can open their coaching institutes or get placed as a teacher in reputed institutes like ICAI or become a professor.