BBA or BCom? Expert explains differences between the two most opted courses

BBA provides a holistic understanding of the business world and has a practical approach. Business management studies offer a broad understanding of commercial organisations and equip students with subject-specific knowledge in fields such as marketing, human resources, finance, operations, information technology, business policy, consulting and strategy. The programme fosters leadership, critical thinking and enables global perspectives with practical application of business concepts.

The origins of commerce go back to the earliest transactions in prehistoric times, where trading became a key activity among people who bartered goods and services with one another.

Story continues below this ad

Modern commerce goes beyond the exchange or trade of goods and services, buying and selling; it also includes the exchange of data, information, views, opinions, intellectual property, and visual recognition. Commerce as an industry is one of the most important economic contributors. As the economy grows, so will the industry.

BCom degree imparts students with fundamental business, finance, accounting and economics knowledge, enabling them to position themselves well in the commerce sector. BCom programme is theoretical and prepares students for careers such as chartered accountancy, company secretary and chartered financial analyst.

BCom and BBA: What should students in Class 12 know

BCom is more focused on financial and economic theories, while BBA has a broader management-oriented approach. It emphasises analytical and financial skills, while BBA focuses on leadership, strategic and managerial skills.

The Commerce degree equips students with a strong foundation for careers in finance and related fields. Meanwhile, BBA will enhance their entrepreneurial skills and enable them to pursue management, marketing, and operational roles.

BBA also provides a strong foundation to pursue an MBA or other advanced management degrees. The internship opportunities and practical experiences help them to build their network.

BCom programme needs the ability to analyse financial data. It requires precision in handling accounts, financial statements and economic data. The ability to make logical connections between financial concepts is important. Technical skills, such as familiarity with accounting software and spreadsheets, are significant. The study further develops problem-solving abilities in identifying and addressing financial and economic issues, along with understanding economic and financial principles and a solid grasp of market dynamics and economic policies.

BBA will improve students’ leadership and management skills, including leading teams and managing projects. Through the programme, they will work on their ability to create business strategies and make decisions. Strong skills in presenting ideas and collaborating with others are developed. The management programme will create opportunities to enhance problem-solving and critical thinking capabilities to address business challenges creatively and effectively. This will teach students the ability to analyse market trends, business performance, and competitive dynamics. They will also learn the significance of innovation and thinking outside the box.

The World Economic Forum’s Future of Jobs 2023 report states that creative thinking, analytical thinking, AI and big data will be the top-most skills in demand by 2027. Leadership, social influence, curiosity, and lifelong learning are among other skills that will grow in demand. When the decision is made regarding the programme, students should choose based on their interests, strengths in specific skill sets, and career goals. They should also consider the programme and the university that will enable them to develop employable skills beyond the core content of their studies.

(The author is the head of the Career Guidance Centre at Shiv Nadar School, Gurgaon)