Charting the B.Com Journey : NEP’s Promise for the Next
Gen Professionals
The University of Mumbai's Bachelor of Commerce (B.Com) program, a highly popular undergraduate degree in Commerce, has undergone substantial changes with the implementation of the National Education Policy (NEP) 2020. These transformations in course structure, teaching methods, and evaluation aim to foster holistic development, multidisciplinary learning, and greater student flexibility. The B.Com program is a three/four-year undergraduate course that provides a strong foundation in areas such as accounting, finance, taxation, business law, management, economics, and marketing. The course is designed to equip students with theoretical knowledge and practical skills essential for careers in commerce, banking, finance, and entrepreneurship, or for further academic pursuits.
Impact of NEP on B.Com Curriculum
The NEP emphasizes a student-centric, flexible, and multidisciplinary education system. It aims to make education more holistic, skill-based, and practical. Under this framework:
The NEP emphasizes a student-centric, flexible, and multidisciplinary education system. It aims to make education more holistic, skill-based, and practical. Under this framework:
- Multidisciplinary Approach: B.Com students can now opt for elective courses from other disciplines such as computer science, data analytics, information technology, and more. This fosters cross-functional knowledge.
- Internships and Skill Development: NEP encourages internships and practical exposure, enabling students to gain real-world experience during their academic journey.
- Academic Bank of Credits (ABC): Students can accumulate and transfer credits between universities, making education more flexible.
- Continuous and Comprehensive Evaluation (CCE): Shift from rote learning to conceptual understanding with formative assessments.
These changes equip students not just with theoretical knowledge, but also with employable skills, adaptability, and interdisciplinary expertise.
Course Structure Under NEP
Assessment and Grading
The evaluation system includes:
The evaluation system includes:
- Internal Assessment: Continuous and Comprehensive Evaluation which comprises of Assignments, presentations, class tests, group discussions, etc.
- Semester-End Examinations: Traditional written/practical exams at the end of each semester.
- Skill and Project Evaluation: Practical skills, internships, and projects are assessed separately.
Career Opportunities After B.Com
B. Com graduates have a wide range of career opportunities across sectors:
1. Corporate Jobs
a) Accounts Executive
b) Financial Analyst
c) Business Development Executive
d) Human Resource Associate
e) Operations Executive
2. Banking and Financial Services
a) Bank Probationary Officer (PO)
b) Loan Officer
c) Financial Planner
d) Insurance Advisor
e) Investment Analyst
3. Government Sector
a) UPSC (Civil Services)
b) SSC CGL
c) RBI Grade B
d) IBPS PO/Clerk
e) LIC AAO
B. Com graduates have a wide range of career opportunities across sectors:
1. Corporate Jobs
a) Accounts Executive
b) Financial Analyst
c) Business Development Executive
d) Human Resource Associate
e) Operations Executive
2. Banking and Financial Services
a) Bank Probationary Officer (PO)
b) Loan Officer
c) Financial Planner
d) Insurance Advisor
e) Investment Analyst
3. Government Sector
a) UPSC (Civil Services)
b) SSC CGL
c) RBI Grade B
d) IBPS PO/Clerk
e) LIC AAO