Commerce is a dynamic field central to the world’s economy, facilitating the exchange of goods, services, and funds. It demands a keen understanding of market dynamics, financial acumen, and strategic thinking. As a career in commerce, one can explore diverse avenues such as finance, marketing, trade, and more, playing a crucial role in shaping business strategies and driving economic development.

A career in Commerce in India encompasses a wide array of fields including accounting, finance, economics, banking, taxation, and business administration. The pathway usually starts after completing 10+2 with a commerce stream. Here’s a broad outline of the process:

1. Undergraduate Programs:

For admission into undergraduate programs like B.Com (Bachelor of Commerce), BBA (Bachelor of Business Administration), BBM (Bachelor of Business Management), or BMS (Bachelor of Management Studies), you usually do not require an entrance exam. Admissions are typically merit-based, depending on the marks scored in the Class 12th examination.

However, for specialized or professional programs like Bachelor of Economics, Integrated Law Course, or BBA/BMS in some premier institutions, you may have to write entrance exams. Some of these are:

• DU JAT (Delhi University Joint Admission Test): This exam is conducted for admission to BMS/BBA (FIA) and BA (H) Business Economics courses in Delhi University.
• NPAT (NMIMS Programs After Twelfth): Conducted by NMIMS University for admission to its BBA and other undergraduate programs.
• SET (Symbiosis Entrance Test): Conducted for admission into BBA and other undergraduate programs in Symbiosis International University.
• IPMAT (Integrated Program in Management Aptitude Test): Conducted by IIM Indore for admission to its five-year Integrated Program in Management.

2. Postgraduate Programs:

Admission to postgraduate programs such as M.Com, MBA, PGDM, etc., usually require entrance exams. Some popular ones include:

• CAT (Common Admission Test): This national level exam is primarily for admission to MBA programs in IIMs and many other top B-schools in India.
• MAT (Management Aptitude Test) / XAT (Xavier Aptitude Test) / CMAT (Common Management Admission Test): These are other popular management entrance exams for admission to various B-schools across India.
• CA (Chartered Accountancy): The Institute of Chartered Accountants of India (ICAI) conducts this exam. It has three levels: Foundation, Intermediate, and Final.

Eligibility Criteria:

1. For Undergraduate Programs:

The candidate should have completed 10+2 or equivalent from a recognized board. Students from all streams (Science, Commerce, Humanities) are generally eligible.

The specific percentage requirement in Class 12 may vary depending on the institution and the course.

2. For Postgraduate Programs:

The candidate must have a recognized Bachelor’s degree in Commerce or related disciplines.

The specific percentage requirement in graduation may vary depending on the institution and the course.

A valid score in the respective entrance exam is needed.

It’s important to note that the specific eligibility criteria and admission process can vary greatly between different institutions, and the different specializations within Commerce. Therefore, it’s crucial to check the specific requirements of each institution you’re interested in.