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The B.Com (Hons.) Program

The Bachelor of Commerce [B.Com (Hons.)] Program is a 3-year campus based program offered by the University with a view to impart in-depth knowledge and broad understanding of accounting and financial management. Currently Honours is offered in three disciplines namely; Banking Financial Services and Insurance (BFSI), Finance and Accounting (FA) and Computer Applications (CA). The curriculum of B.Com (Hons.) program provides carefully selected subject combination of accountancy, economics, management & decision science, banking & insurance and commercial law. The program prepares the students with the knowledge, skills and attitude to meet the challenges of the modern day business organizations and also equips them to pursue MCom or MBA degree program and other professional courses further or a career in Banking / Financial Services / Insurance / Corporates.

Three years


P10+2 in any discipline inclusive of Commerce with 40% and above aggregate marks; Students awaiting results can also apply.

Honours Discipline Electives:

A student should choose all the 4 Honours Discipline Electives in the same chosen Honours Discipline. A student has the option of choosing Dissertation/ Project Work in place of one Discipline Course in 5th semester.

Discipline offered for Honours:

i) BSFI:

 Banking Services Operations, Central Banking, Commercial Banking, Credit Management, Rural banking & Microfinance, Corporate Banking, SME Banking, International Banking;

Financial services:

 Securities Analysis, Management of Financial Institutions, Financial Risk Management, Portfolio Management and Mutual funds, Personal financial Planning, Wealth management, Investment Banking and financial services;


Life Insurance, General Insurance, Risk & Insurance, Claims Management, Underwriting Management , Principles and Practice of Re-insurance.

ii) Finance and Accounting:

Securities Analysis, Management of Financial Institutions, Financial Risk Management, Portfolio Management and Mutual funds, Personal financial Planning, Wealth management, Investment Banking and financial Services;


 Advanced Management Accounting, Advanced Financial Accounting.

iii) Computer Applications:

 Database Management Systems, Web Technologies, Data Warehousing and Data Mining, Mobile Computing and Wireless Mark-up Language, IT Infrastructure Management, IT Project Management, Multi-media Systems, Intranet Administration.

Award of Degree

Students who successfully complete the B.Com (Hons.) Program will be awarded the ‘Bachelor of Commerce (Hons.)’ Degree by the University subject to University regulations.

Program Structure

The three year B.Com (Hons.) degree program consists of 36 courses covered in six semesters. During 5th and 6th semester, students are exposed to elective courses in their respective field of specialization. The actual offering of electives will however, depend on optimal number of students opting for the same elective. Students are also required to do Internship / Project after completion of second year.

Program Structure for B.Com. (Hons. ) in Banking/Financial Services/Insurance

Year I
Semester-I Semester-II
  • English Language Skills
  • Financial Accounting - I
  • Business Statistics
  • Managerial Economics -I
  • Information Technology Trends
  • Principles of Management
  • Environmental Studies
  • Financial Accounting – II
  • Managerial Economics-II
  • IT in business
  • Principles and Practices of Banking & Insurance
  • Business Environment
Year II
Semester-III Semester-IV
  • Business Communication
  • Business Law – I
  • Costing and Management Accounting
  • Marketing Management-I
  • Organisational Behaviour
  • Soft Skills-I
  • Financial Management
  • Business Law-II
  • Auditing
  • Marketing Management-II
  • Human Resource Management
  • Entrepreneurship
Internship / Project
Year III
Semester-V Semester-VI
  • Money, Banking and Financial Markets
  • Direct Taxes
  • E-Commerce
  • Health & Happiness
  • Honours Discipline Elective – I
  • Honours Discipline Elective – II
  • Current Affairs- India
  • Management Information System
  • Business Strategy and Policy
  • Indirect Taxes
  • Honours Discipline Elective – III
  • Honours Discipline Elective - IV

The Admission Modalities are with reference to the campus-based B.Com (Hons.) Program offered by the ICFAI University, Jharkhand. The medium of instruction is English.

Eligibility Criteria

Pass in 12th Class (any group) with minimum 40% marks

Duration :

3 years

Admission Criteria:

The selection of applicants into the Program is made through screening of application and interview. While evaluating students for admission, due weightage is given to their academic distinction, awards in sports/cultural events, debates, quizzes and other extra cocurricular activities.

Original certificates and Domicile certificate should be produced for verification at the time of payment of first semester fee. The original certificates will be returned after verification.

The admission decision will be communicated after the interview process.

How to Apply:

Students interested can apply by any one of the following methods:

A.Online Application

Applicants can apply online by filling up the Application Form available at www.iujharkhand.edu.in and make payment of Rs. 500 towards the cost using Credit / Debit Card (Visa / Master Card / Internet Banking) through secure internet payment gateway. Applicants applying online should upload their passport size color photograph while filling the Online Application. The Prospectus will be sent to such applicants

B.Download of Application Form

Applicants can fill their details online and download the Application Form from www.iuJharkhand.edu.in and send it to theAdmissions Office along with the Demand Draft of Rs. 500 towards the cost of the application in favor of “The ICFAI University, Jharkhand - Fee Collection A/c” .payable at Jharkhand.

C.Fill the Application Form.

Applicants can fill in the application form and send it to the Admissions Office.


The applicants are advised to read the guidelines carefully before completing the Application Form for Admission.

  • Please make sure that you meet the eligibility criteria before filling up the Application Form.
  • Fill the Application Form in Capital Letters
  • Provide all the available information under appropriate sections.
  • Make sure to sign the Application Form.
  • Retain a photocopy of the completed Application Form.

Attested Copies of Certificates

Applicants are required to enclose self attested copies of the following certificates.

  • Date of Birth Certificate / Class X Certificate.
  • Mark Sheets of Class X, XII, Degree, Diploma (as may be applicable).
  • Domicile Certificate (if applicable).
  • Any other certificates pertaining to academic and other activities.

Submission of Application Form:

The completed Application Form for Admission should be sent to:

Admissions Office
Campus: The ICFAI University, Jharkhand,
#2065, Daladali Chowk, Simalia, Near Ring Road,
Ranchi - 835 222, Jharkhand.
Ph: 072570-04501 to 504.
E-mail: admissions@iujharkhand.edu.in
Website: www.iujharkhand.edu.in
City Office: The ICFAI University, Jharkhand,
#2167/A, Opp. IDBI Bank, Ashok Nagar,
Ranchi - 834 002, Jharkhand.

B.Com (Hons.) Program Fee
Program Admission Fee Rs. Semester Fee Rs. Caution Deposit Rs.
Domicile Non - Domicile
B.Com (Hons.) 5,000 20,000 25,000 5,000

Note : Applicants in their final year of Qualifying Examinations also can apply for all regular programs

Caution Deposit :

Students are required to pay a Caution Deposit as mentioned in the table above along with the first semester fee. It will be refunded without interest and after adjusting for dues, (if any), to the students on completion of the respective program.

Remittance :

All payments should be made by way of Demand Draft in favor of "The ICFAI University, Jharkhand - Fee Collection A/c" payable at Ranchi, Jharkhand. Remittance can also be made through NEFT, as per the following details of the University Bank Account.

Bank Account Name The ICFAI University, Jharkhand - Fee Collection A/c
Type of AccountCurrent Account
Account Number50200000250955
Bank NameHDFC Bank
IFSC CodeHDFC0000521

The following details should be provided to the University by the students on remittance of fee through NEFT:

Student DetailsRemittance Details
Name of the student: Name of the Bank:
Application No. / Enrollment No.IFSC Code:
Program / Batch:UTR No.
Fee detailsBank Acknowledgement of NEFT Form
Mobile No.
Merit Scholarships

Following are the details of the Merit Scholarships, offered by The ICFAI University, Jharkhand.

A. Merit Scholarships based on past academic record:

Percentage of marks achieved in qualifying examination will decide the amount of scholarship. Scholarship amount can be adjusted in the Semester I fee payable.

Performance in Qualifying Exam Scholarship amount
(% of semester fee)
Marks in % CGPA
>= 90% >= 9.9 50%
>= 80% and <90% >= 8.8 and < 9 .9 40%
>= 70% and <80% >= 7.7 and < 8.8 30%
>= 60% and < 70% >= 6.5 and < 7.7 20%

* Above Scholarship amount would be adjusted equally in installments in each semester fee payable.

B. Merit Scholarship in Semester II to last semester:

Based on previous semester performance (GPA) Scholarship amount (% of semester fee)
Top 5% of the class 50%
Next 5% of the class 30%

Note: Terms and Conditions for the award of the Merit Scholarship will be specified in the Student Handbook.


Admission Calendar for B.Com (Hons.) Program
Events Important Dates
Last Date for Submission of Completed Application Form June 29, 2019
Interview and Admission Decision July, 2019
Last Date for Payment of Admission Fee August 01, 2019
Registration August 01, 2019
Commencement of Regular Classes August 02, 2019

The Bachelor of Commerce [B.Com (Hons.)] Program is a 3-year campus based program offered by the University with a view to impart in-depth knowledge and broad understanding of accounting and financial management.


Contact Us

Toll-free Number


Our Location

Plot No. 2065, Daladali Chowk, Simalia, Near Ring Road, Ranchi-835222.