B.Com in Co-operation

Eligibility Criteria : -

What is B.Com in Co-operation?

B.Com in Co-operation is a program that enables students to acquire knowledge and skill in co-operation and management. It enhances the professional skill and talent of students to manage the different challenges in co-operative institutions and allied enterprises.

There are many industries, which hire professionals in co-operation. Some of the industries hiring co-operation graduates are educational institutes, business consultancies, industrial houses, policy planning, public accounting firms, banks, foreign trade, budget planning, marketing, inventory control, merchant banking, etc.
 

B.Com in Co-operation Course Highlights

 

Course Level

Graduate

Duration

3 years

Examination Type

Semester System

Course fee

INR 5,000 to 2 Lacs

Average starting salary

INR 2 to 10 lacs per annum

 

What is B.Com in Co-operation all about?

The three years course covers the history, concepts, and development of co-operative finance and banking, co-operative auditing, etc.

Co-operative groups have the following features:

  •  They are autonomous organizations comprising a group of individuals
  •  They function democratically and are usually found in rural areas to protect members’ interests.
  •  Individuals within the group share common economic, social, and cultural needs and aspirations.

With increasing number of MNCs to the untapped potential of the Indian rural sector in every field, this course is essential to develop an understanding of management in co-operative economic model.

The curriculum of the degree consists of advanced lessons in:

  •  The theory, practices and principles of co-operatives
  •  The management and organization of co-operatives as business enterprises, the comparative development of different societies
  •  The conduct of scientific research, etc.

Who should go for B.Com in Co-operation?

  •  One of the obvious reasons to opt for B.Com in Co-operation is to have an interest in a career in co-operatives.
  •  This course is suitable for individuals who are capable of managing co-operative enterprise
  •  They must be proficient in managing the business, as well as, voluntary sector organizations.

Top B.Com in Co-operation Colleges

Following are some of the top institutes offering B.Com in Co-operation across the country.

S.No.

Institute Name

City

1

Concord Arts and Science College

Kannur

2

Navajyothi College

Kannur

3

ITM College of Art and Science

Payyanur

4

Mary Matha Arts and Science College

Kannur

5

Sreekandapuram Educational Society College (SES College, Sreekandapuram)

Kannur

6

Sir Syed College

Kannur

7

St. Marys college Cherupanathady

Kasargode

8

St.Marys Educational Institution

Kasargode

9

Institute of Management and Technical Studies (IMTS)

Tamil Nadu

10

Periyar University

Tamil Nadu

11

Khansa Women's College for Advanced Studies

Kasargode

12

Peoples Co-operative Arts and Science College (PCASC)

Kasargode

13

Nalanda College of Arts and Science

Kasargode

14

E.K. Nayanar Memorial Govt. College

Kasargode

15

Govinda Pai Memorial Govt. College

Kasargode

 

B.Com in Co-operation Career Prospects

Successful graduates of B.Com in Co-operation course have lucrative career opportunities in finance and business-related fields or non-finance fields. Some areas where graduates can expect career opportunities are given below:

  •  Chartered Accountancy
  •  Company Secretary
  •  Law
  •  Cost and Works Accountancy (CWA)
  •  Civil Services
  •  Financial Services
  •  Marketing
  •  Broking
  •  Mass Communication
  •  Hotel Management

Furthermore, BPOs, ITES, FMCG, banking, and insurance companies also hire such professionals.

Such professionals are hired for following job roles:

 

Job Profile

Description

Company Law Assistant

They may conduct legal research and do a variety of tasks to support lawyers, including maintaining and organizing files, conducting legal research, and drafting documents.

Tax Assistant

They provide support to an organization's tax or accounting department. Their role is a combination of administrative assistance and accounting support. They must be able to run an office, as well as perform higher level functions, such as processing tax returns and maintaining databases

Relationship Manager

A relationship manager is a professional who works to improve a firm's relationships with both partner firms and customers.

Sales Officer Accounts

Their job is to ensure proper scrutiny of a company’s accounts. From the details in the business's accounts and its financial records, an accounting officer prepares the annual financial statement. He also facilitates the reconciliation of the accounts of a business.

Accounts Assistant

They provide administrative support to accountants, undertaking clerical tasks such as typing, filing, making phone calls, handling mail and basic bookkeeping.

Accountant

An accountant is a practitioner of accounting or accountancy, which is the measurement, disclosure or provision of assurance about financial information and financial management.

Budget Analyst

Their job is to find out the most efficient ways to distribute funds and other resources among various departments and programs. In private firms, a budget analyst's main responsibility is to review the budget and seek new ways to improve efficiency and increase profits.

Financial Analyst

They research macro economic and micro economic conditions along with company fundamentals for making business, sector and industry recommendations. They also recommend a course of action, such as to buy or sell a company's stock based upon its overall current and predicted strength.

Book Keeper

They develop a system to account for financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures. They also maintain subsidiary accounts by verifying, allocating, and posting transactions.

Chief Finance Officer

They develop strategies for financial organizations by contributing recommendations to strategic thinking and direction, financial and accounting information, and analysis. They also establish functional objectives in line with organizational objectives.

Accounts Executive

They are typically responsible for client servicing and client acquisition. They serve as the direct link between the advertising agency and the existing client, managing day-to-day affairs and ensuring customer satisfaction.

Sales Analyst

Sales Analysts are responsible for preparing, collecting, and analysing sales forecasts data in order to evaluate the given sales goals. They research and evaluate the going economic conditions that may affect the organization's ability to sell its products or services in the marketplace.

Business Development Trainee

Business Development Trainees help their companies acquire new customers and sell additional products or services to existing ones. Their role is crucial for any business for expanding or diversifying the clientele.

Tax Accountant

Tax Accountants prepare federal, State and local tax returns for businesses, organizations, and individuals. As such, these professionals are skilled in business concepts and government regulations. Tax Accountants get involved in any disputes or audits that affect their clients

Business Analyst

Business Analysts develop technical solutions for business-related problems in order to advance the company’s sales efforts, beginning with defining, analysing, and documenting requirements.

 

Top Recruiting Companies

Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, Marketing, etc.

 

Admission Procedure & Exams

B.Com in Co-operation Eligibiility Criteria

For those who want to apply for the course need to fulfil the following eligibility criteria:

  •  They must have completed 10+2 level of education in the Commerce stream from a recognized board.
  •  They must have a minimum aggregate score of 50% at the 10+2 level.
  •  Candidates awaiting their 10+2 examination’s results are also eligible to apply on provisional basis.

B.Com in Co-operation Admission process

Most institutes offering B.Com in Co-operation course in the country offer admission based on a relevant entrance test. Some institutes even conduct their own entrance tests for admission. Hence, the admission process varies across colleges. You should carefully go through the prospectus of a specific college to know about their admission criteria. 

A few institutes also provide direct admission based on the candidate’s score at intermediate (10+2).

Some such institutes that hold entrance tests in the country for admission to the course are:

  •  Jamia Milia Islamia University, Delhi
  •  Narsee Monjee Institute of Management Studies, Mumbai
  •  Banaras Hindu University, Varanasi
  •  Guru Gobind Singh Indraprastha University, Delhi

 

Specializations

B.Com in Co-operation Specialization

B.Com in Co-operation is a specialised course providing knowledge and a better understanding of management in the co-operative economic model. Most B. Com holders are employed according to their field of interest or speciality. These candidates can work in many fields other than financial services and marketing. They can also work in management and business fields.

Further, students can pursue higher studies in co-operation management. It will help students manage various functions and responsibilities in co-operative institutions and allied enterprises. Globalization’s every deepening reach into India’s rural areas is generating a lot of growth, and few careers are as suited to riding this wave as cooperative management careers. Jobs opportunities are available in both the public and the private sector.