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0 universities related to B.Com., B.Ed. found in United Kingdom

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Updated on - November 11th 2019 by Piyush Bhartiya

About the United Kingdom

The United Kingdom is probably one of the most cosmopolitan countries in the world. It is known for its multicultural society, with nearly all religions and faiths represented. With a racial, ethnic, and religious jumble, the country is very open to new traditions and cultures which acts as an excellent thing for international students. Over 400,000 international students visit the country every year in which China, India, US, Hong Kong, and Malaysia are among the top five.

Degrees and qualifications from the United Kingdom higher education institutions are known around the globe as high quality and world-class. This standard of excellence is set by some of the older and renowned universities, such as Oxford and Cambridge. The UK education system focuses on close interaction between students and professors and also provides the freedom to combine different subjects into a single course of study with its interdisciplinary course structure.

There are a lot of health benefits offered by the country. Such as Indian students in the United Kingdom are eligible to receive free medical treatment by the National Health Service (NHS) if enrolled in a full-time course. Many international students in the UK gain work experience along with their study. A part-time job, internship, or placement during vacation and volunteering are some ways to develop valuable skills. It can also be a part of the study course for some colleges. 

Top Universities in the United Kingdom

The university or college that one goes to can have a major impact on the rest of their life. That's why it's better to do some research about the universities and their rankings. 

British universities provide wide-ranging globally-recognized study programs, preparing students for future careers in major international companies. The United Kingdom is also home to some of the best research and technology facilities in the world. According to the QS World University Rankings 2019, following are the top 15 universities in the United Kingdom:

  1. University of Oxford
  2. University of Cambridge
  3. Imperial College London
  4. UCL (University College London)
  5. University of Edinburgh
  6. University of Manchester
  7. King's College London
  8. London School of Economics and Political Science (LSE)
  9. University of Bristol 
  10. University of Warwick
  11. University of Glasgow
  12. Durham University 
  13. University of Sheffield
  14. University of Birmingham 
  15. University of Nottingham 

Popular Courses in the United Kingdom

The United Kingdom university degrees are amongst the world's most popular study programs in the world. These universities have a long and rich tradition of assembling bright minds and preparing them to become future professionals. This process is built upon many years of excellence in cutting-edge research and teaching activities, provided by world-class academics and supported by modern facilities which are recognized globally.

Among a broad spectrum of degrees offered at the United Kingdom universities, some have higher global popularity. These are as follows:

  • Medicine
  • Business
  • Natural Sciences
  • Engineering and Technology
  • Arts
  • Law
  • Social Sciences.
  • Media and Communication
  • Hospitality and Tourism

Living Expenses and Part-Time Jobs

The United Kingdom can be one of the most expensive countries to live in. The total average cost of studying in the UK is estimated to be at least £20,200 per annum, with studying in London likely to be significantly more expensive. To cope up with this, students can have a look at the extensive range of scholarships to explore in the UK offered by the government, individual universities, independent organizations, and various charities.

Though, living costs in the United Kingdom vary a lot because of the large territory the country covers but estimated living expenses vary between £895 to £1,570, per month. It includes accommodation costs, room, and board, food, travel, and textbooks only. Generally, living in urban areas (in or near a big city) is more expensive than living in smaller towns or suburban areas. Students should be able to meet the costs mentioned above while they are studying in the United Kingdom. Prices may increase by about 5% to 7% per year due to inflation and other external factors. 

There are thousands of part-time jobs available in the United Kingdom to help fund one's studies and social life. International students who are studying in the said country on a Tier 4 student visa are usually allowed to work for up to 20 hours per week during term-time and full-time during the holidays. Some of the most popular part-time jobs available for international students are as follows:

  • Office or Reception work
  • Student Ambassador
  • Research Assistant
  • Content writer and editor
  • Retail Manager
  • Factory worker
  • Cafeteria worker
Study Abroad Expert & Co-Founder @ AdmitKard

Piyush values education and has studied from the top institutes of IIT Roorkee, IIM Bangalore, KTH Sweden and Tsinghua University in China. Post completing his MBA, he has worked with the world's # 1 consulting firm, The Boston Consulting Group and focused on building sales and marketing vertical for top MNCs and Indian business houses.
Updated on - November 12th 2019 by Piyush Bhartiya

overview

There are many kind of degrees under the stream of business like accounting, banking, business, foreign trade management etc. This degree is famous in countries like Canada, Australia, and New Zealand. 

The degree is to provide good management skills to the students, along with building a competence in a particular stream of the subject. In their beginning years general business principles, marketing, economics, accounting, finance, business management, human resources, business statistics, information systems are taught. A student can go for business related specialization like MBA after pursuing this course. 

B.Com (Hons) or Honours Bachelor’s of commerce is an advanced course which is of 4 years.  The fourth year is research based and may require presentation of a thesis hence it is often focused on a single subject area. This course is an added benefit if the student wishes to pursue M.Com or MBA.

Let us see some of the subjects B.Com specializations and other subjects of interest

  • Accounting
  • Advertising
  • Operations Management
  • Business System analysis
  • Business economics
  • Human Resources
  • Information Management
  • Insurance
  • Law
  • Management

B.Com in foreign trade management is an emerging field for the students. This course gives a global perspective and helps to build a strong foundation and understanding of the global market. This course is also of 3 years duration divided into 6 semesters. 

University of Alberta provides a B.Com course of duration of 4 years. They don’t accept students directly from high school but require them to show a complete year of pre-professional studies at a recognized post – secondary institution. The course gives a basic understanding of business studies along with 16 majors available to choose from. 

Some of the colleges listed below are one of the top colleges offering bachelor’s and master’s courses in business management

University

Country

Harvard Business School

US

MIT Sloan School of Management

US

INSEAD 

Singapore

The Wharton School, University of Pennsylvania

US

IE Business School

Spain

Stanford University

US

London Business School

UK

IMD

Switzerland

IESE Business School - University of Navarra

Spain

Chicago Booth School of Business

US

 

Degree course details

Level

Duration

Bachelor’s degree

3 – 4 years

Master’s degree

2 years 

 

Top Universities Abroad

BBA and MBA is the most widely pursued course by the international students. According to the QS, 43% of the students opt for MBA abroad. One of the major reasons is high investment return promised to MBA and BBA graduates. Countries like the USA, UK, Australia are famous for offering the students good business degrees in undergraduate and graduate level.

Name

Fees

Deadlines

Massachusetts Institute of technology

$51,832

Nov 1, Jan 1

University of Michigan – Ann Arbor

$49,250

Nov 1, Feb 1

University of Pennsylvania

$55,584

Nov 1, Jan 5

Purdue University – West Lafayette

$28,804

Nov 1, Feb 1

Carnegie Mellon University 

$55,465

Nov 1, Jan 1

University of California

$43,232

Nov 30, Dec 31

Georgia Institute of Technology

$33,020

Oct 15, Jan 1

Michigan State University

$39,750

April 30

Ohio State University

$30,742

Nov 1, Feb 1

University of North Carolina – Chapel Hill

$35,169

Oct 15, Jan 15

University of Alberta

Rs. 19.42 Lakhs

Nov 1, Jan 1

 

Admission Process and Eligibility

Most of the colleges consider the documents like Statement of Purpose (SoP), Letters of Recommendation (LoRs), entrance exams and/or entrance interviews. This process assesses the candidate’s interest and capability towards the course. 

  • A few colleges ask their applicants to submit financial records of the family along with the registrations so as to ensure that the family can pay the tuition fees and miscellaneous expenses over the course of the first year. If the university is offering a scholarship you’re eligible for, you can apply for it and show it as a financial support to the course taken.
  • In addition to this, many colleges permit their students to intern and do part-time jobs so as to be able to handle their expenses as in case of Canada. It is important to be noted that pursuing a Masters’ education in the USA would require 16 (12+4) years of education which often poses a problem for Indian students who’ve completed their bachelors in 3 years or so.
  • Foreign countries also require their international students to submit scores of tests like IELTS, GRE, TOEFL, GMAT, SATs, etc. in order to prove fluency in the English language.

 

Course

Eligibility

Bachelor’s degree

TOEFL – 90

IELTS 6.5 – 7.0

10 + 2 qualification

SAT score (eligibility depends on university)

 

Course Syllabus

The course syllabus of B.Com may vary from college to college and specializations, however some of the common subjects of this degree are as follows – 


SUBJECTS

    

                               SEMESTER 1

   

1

ACCOUNTS   

Financial Accounting – 1

2

ECONOMICS

Fundamentals of Microeconomics

3

MATHS / COMPUTER

Mathematics & Statistics-I OR

*Mathematics for Finance-I OR

Business Computing-I

4

MANAGEMENT

Business management -I

5

COMPULSORY ENGLISH

English for Communication-1

6

ADDITIONAL ENGLISH

Language through Literature-1

 

Subject Specialization – banking, accounting, finance, business entrepreneurship.

SUBJECT

                                              SEMESTER – 3

1

Accountancy

Corporate Accounting-I

2

Economics

Macroeconomics-I

3

Business Management / Communication

Fundamentals of Management

4

Company Law

Elements of Company Law- I

5

Cost Accounting

Basics Of Cost Accounting – Spl-I

   

Basics of Cost Accounting-Material – Spl – II

6

Banking and Financial Course

Financial System & Indian Banking Structure(Paper-I)

Financial Institutions in India (Paper-II)

7

Entrepreneurship

Financial Institutions in India (Paper-II)

   

Growth of Entrepreneurship

GROUP “B” – SPECIALIZATION IN

8

Business Communication

Communication for Marketing

9

Marketing Management

Fundamentals of 

Marketing

   

                                          Customer Value Management

 

Career and Job Prospects

There are numerous jobs that can be pursued after doing B.Com. Mostly students opt for a higher degree like M.Com or MBA to get better jobs and placements at good companies. Universities like London School of Economics offer good courses in Business, Economics and finance. The students can also prepare their future in becoming a CA which is one of the most respected jobs nowadays with a high salary.

Agribusiness is another emerging field of interest which is a combination of agriculture and business, graduates in this field work in diverse areas in food and agriculture industries. Students learn about production, supply chain management, international trade, agriculture entrepreneurship and more. Royal Agriculture University in the UK, which is one of the oldest agriculture universities, offers MBA in Advanced Farm Management, International Food and Agribusiness.

Business Intelligence and analytics

Converting data into useful information to have better  business decisions is Business Intelligence. It is a large and complex field which includes of analytics, data and text mining, predictive modelling and more. The demand for the BI professionals is been high since the last few years and is predicted to rise exponentially by 2020.

Entrepreneurship

A master’s degree in entrepreneurship is designed to help students understand the challenges and opportunities that they can come across while working with new ventures. Beginners of entrepreneurship are taught leadership skills, marketing strategies, market research, and innovation.

Finance

A finance degree is a great opportunity in the field of financial analysis, corporate finance, investment, portfolio management, banking, and more. Finance is a core subject of business and people from this stream are in high demand in major financial centres like London, New York, Toronto, Shanghai. One of the top job posts  for Finance professionals is CFA (Chartered Financial Analyst) and many UK universities like Warwick, Lancaster, Manchester, Durham offer programs in partnership with CFA and also help prepare for CFA level 1.

Digital Marketing

In the age of digital media, various businesses have paved their way to digital marketing for advertising their product. Students gain knowledge on web optimisation, online advertisement on various platforms, UX/UI design, analytics, content optimisation, Ecommerce management etc. A master’s degree is preferred before getting into this field.

Average Salary

The average salary of a CA along with people working in the banking sector have a high pay compared to the other job posts, getting to these kind of job titles also requires a lot of knowledge and hardwork.

Job

Average

Accountant

C$49,736

Financial Controller

C$78,960

Financial Analyst

C$56,047

Senior Accountant

C$60,906

Staff Accountant

C$44,334

Senior Financial Analyst

C$76,368

Assistant Controller

C$65,580

 

Study Abroad Expert & Co-Founder @ AdmitKard

Piyush values education and has studied from the top institutes of IIT Roorkee, IIM Bangalore, KTH Sweden and Tsinghua University in China. Post completing his MBA, he has worked with the world's # 1 consulting firm, The Boston Consulting Group and focused on building sales and marketing vertical for top MNCs and Indian business houses.
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