WHAT IS B,COM
RETAIL
MANAGEMENT
AND
E-COMMERCE
BY
AMAN PANDEY
ADARSH BARVE
HARSH RATHORE
RUPENDRA MEHRA
WHAT IS B.COM
BCom or Bachelor of Commerce course is a three-year UG
degree course recognised by the Universities Grants
Commission (UGC). Along with the full-time delivery mode,
one can also pursue Distance BCom or Online BCom course.
BCom is one of the most popular courses amongst the Class
12 graduates with the Commerce stream. As per the AISHE
reports, with nearly 9.33 lakh enrolment, B.Com has been
the third most desired course in India after Class 12. Besides
B.Com, candidates can also pursue BCom (Honours) if they
wish for in-depth knowledge in the Commerce stream.
The honours course is designed to offer knowledge in
specialised subjects; while, the general BCom course focuses
on an overview of all the subjects under the umbrella of the
Commerce stream. Apart from BCom General or BCom Hons,
several universities offer integrated B.Com courses; BCom
The three year BCom course is divided into six semesters. Students pursuing the course can choose elective subjects of their choice
in some semesters. Subjects taught during a BCom degree course includes Financial Accounting, Business Laws, Economics, Taxation,
Auditing, Cost Accounting, among others. With a BCom degree, one get an option to start a career in related fields such as Finance,
Accounting, Banking, Insurance, etc. The average starting salary of a BCom graduate is INR 3 LPA. Besides B.Com, a major chunk of
students passing Class 12 with Commerce stream aspire for Chartered Accountancy, Company Secretaryship, and Cost Accounting.
After completion of the BCom course from a recognised institute, one can go for courses in teaching, advertising, journalism, mass
communication, design, law, etc.
WHAT IS RETAIL MANAGEMENT
The process of retail management has evolved
from managing a physical store in one location
to handling retail outlets around the world,
concentrating efforts on virtual shops or online
shopping. The retail management process, as
we know it today, entails several key concepts
in the fields of business administration, finance,
and marketing. Here is the end-to-end retail
management process to help you get started in
the world of retail.
