The B.Com (Hons.) Program

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.

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.

duration Duration

  • 3 Years

eligibility Eligibility

  • Pass in 10+2 or equivalent (any discipline) inclusive of Commerce with 40% and above aggregate marks;
  • Students awaiting final examination results may also eligible to apply

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.
B.Com (Hons.) Program Structure
Year I
Semester-I Semester-II
  1. English Language Skills
  2. Financial Accounting - I
  3. Business Statistics
  4. Managerial Economics - I
  5. Digital Skills for Managers
  6. Principal of Management
  1. Environmental Studies
  2. Financial Accounting - II (With Tally)
  3. Managerial Economics-II
  4. Digital Transformation of Business
  5. Business Communication
  6. Research Methodology
Year II
Internship / Project
Semester-III Semester-IV
  1. Principles & Practice of Banking & Insurance
  2. Business Law - I
  3. Costing and Management Accounting
  4. Marketing Management
  5. Organizational Behavior
  6. Bussines Communication
  1. Financial Management
  2. Business Law - II
  3. Auditing
  4. Digital Marketing
  5. Human Resource Management
  6. Tally
Internship / Project
Year III
Semester-V Semester-VI
  1. Money , Banking & Financial Markets
  2. Direct Taxes
  3. Business Environment
  4. Career Development
  5. Honours Discipline Elective - I (DSE 1)
  6. Honours Discipline Elective - II (DSE 2)
  1. Humanities Elective III (Current Affairs)
  2. Management Information System
  3. Business Strategy &Policy
  4. Indirect Taxes and GST
  5. Honours Discipline Elective - III
  6. Honours Discipline Elective - IV (DSE 4

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: 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;

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

ii) Finance: Securities Analysis, Management of Financial Institutions, Financial Risk Management, Portfolio Management and Mutual funds, Personal financial Planning, Wealth management, Investment Banking and financial Services, Indirect Taxes and GST, FinTech.

Accounting: 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.

Humanities: Current Affairs, Indian Society and Culture.

Fee Schedule

The fee for each program is mentioned in the table below.

B.Com Hons. Program Fee
Program Admission Fee Rs. Semester Fee Rs. Caution Deposit Rs.
Domicile Non - Domicile
B.Com 5,000 15,000 17,000 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.


Fee payments can be made in any of the following modes.

  1. By way of Bank Demand Draft drawn on a Scheduled Commercial Bank in favor of "The ICFAI University, Jharkhand - Fee Collection A/c" payable at Ranchi, Jharkhand.
  2. Through Credit Card or Debit Card at the University. c) Through NEFT, as per the following details:
Bank Account Name The ICFAI University, Jharkhand - Fee Collection A/c
Type of Account Current Account
Account Number 50200000250955
Bank Name HDFC Bank
IFSC Code HDFC0000150

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

Student Details Remittance Details
Name of the student: Name of the Bank:
Application No. / Enrollment No. IFSC Code:
Program / Batch: UTR No.
Fee details Bank Acknowledgement of NEFT Form
Mobile No.

Fee payment by cash is not accepted.

Any requests for withdrawals, refunds will be processed as per the prevailing UGC Notification, with regard to Refund of fees and non-retention of Original Certificates.

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%

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%

*Remarks: Only if no. of students in the class is 20 or more.
Note: Terms and Conditions for the award of the Merit Scholarship will be specified in the Student Handbook.