• The ICFAI University,  Himachal Pradesh

The B.Com Program

The B.Com Program

The Bachelor of Commerce (B.Com) Program is a three year degree program offered by the University with a view to impart in-depth knowledge and broad understanding of accounting and financial management. The curriculum provides a carefully selected subject combination of Accountancy, Economics, Management & Decision Science, Banking & Insurance, and Commercial Law. The objective of the program is to produce graduates equipped with the knowledge, skills and attitude to meet the challenges of the modern day business organizations, and prepares students to pursue M.Com or MBA programs in due course.


Three years


Pass in Class XII (or equivalent), any discipline with aggregate 40% and above marks.

Class XII students awaiting final year examination results are also eligible to apply.

Program Structure

The B.Com Program is organized into six semesters in three years. The University follows a Credit-based semester system of teaching-learning and evaluation.

During the 5th and 6th semesters, students are exposed to elective courses from their chosen fields of specialization. These elective courses provide understanding of the specialized fields.

Students are required to pursue a minimum of 6 elective courses during the B.Com degree program. The program provides wide choice of electives from different areas, like Accountancy, Economics, Law, Financial Management, General Management, Information & Technology, etc. to simultaneously serve varied but distinctive aspirations of students.

B.Com Program Structure
Year I Semester - I Semester - II
  • Fundamentals of Accounting
  • Micro-Economics
  • English Language
  • Business Mathematics
  • Introduction to Computers
  • Basics of Banking & Insurance
  • Financial Accounting
  • Macro-Economics
  • Business Organization & Management
  • Elementary Statistics
  • Business Communication
  • Business Budgeting
Year II Semester - III Semester - IV
  • Corporate Accounting
  • Mercantile Law
  • Introduction to Financial Management
  • Direct Taxes
  • Communication Skills
  • Economic Development & Policy in India
  • Cost Accounting
  • Company Law
  • Application of Computers in Business
  • Indirect Taxes
  • Auditing
  • Economic Regulations of Domestic & Foreign
  • Exchange Markets
Year III Semester - V Semester - VI
  • Introduction to Management Accounting
  • E-Commerce
  • Elective-I
  • Elective-II
  • Elective-III
  • Entrepreneurial Development
  • Law, Ethics and Governance
  • Elective-IV
  • Elective-V
  • Elective-VI

Electives: Managerial Economics, Management Accounting-II, Advanced Accountancy & Auditing, Advanced Statistics, Advanced Business Management, Computer Application, Banking, Banking & Insurance, International Business, Marketing Management, Corporate Ethics, Business Environment, Advance Accountancy, Corporate Law-II, Information and Technology.

The program structure is subject to change (if required)