Best Universities for BCom in the World 2024
In this article, we will cover the following points for students who wish to study BCom abroad:
- Reasons to Study BCom Abroad
- Best Colleges for BCom Abroad
- Admission Requirements for Studying BCom Abroad
- Cost of Pursuing BCom Abroad
- Courses after BCom in Abroad
Reasons to Study BCom Abroad
There are several reasons why pursuing BCom in abroad will be beneficial for the students in terms of their careers and job opportunities. Here are some top reasons to study BCom abroad:
- Global exposure: Students who study BCom abroad may be exposed to a variety of cultures, business practices, and management philosophies. This can assist individuals gain a more global viewpoint and a mindset, both of which are highly desired in today's corporate environment.
- High-quality education: Several foreign universities are well known for their business and commerce programmes and provide outstanding education, research facilities, and faculty. Students can gain a competitive edge in the job market by attending one of these universities.
- Job prospects: Having studied BCom from a foreign university will improve the employability of students in their home countries and abroad.
- Personal growth: Studying BCom in abroad will provide students with exposure to foreign cultures and will allow them to become independent. It might prove to be an opportunity to discover their true self.
Top 10 BCom Colleges in the World
The following table provides a list of the top universities abroad for BCom. The rankings are based on the QS World University Rankings by Subject 2023 (Accounting & Finance).
University | QS World University Rankings by Subject 2024: Accounting & Finance |
---|---|
Harvard University | 1 |
Massachusetts Institute of Technology (MIT) | 2 |
Stanford University | 3 |
University of Oxford | 4 |
University of Chicago | 5 |
6 | |
University of Cambridge | 7 |
University of Pennsylvania | 8 |
University of California, Berkeley (UCB) | 9 |
New York University (NYU) | 10 |
Note: Tuition fees and other living expenses are subject to university rules and regulations and may change over time. It is advised that the students visit the official website to know the exact fee details and other university charges (such as students’ union fees, accommodation costs, etc.) to know the exact cost of attendance.
BCom Abroad Admission Requirements
Admission requirements for a BCom course abroad depend on the country and the university requirements to which you are applying. However, the following points provide an overview of the eligibility criteria and admission requirements for studying BCom in abroad:
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- X and XII Formal Schooling
- SAT or ACT scores
- English-language Proficiency Test Scores of TOEFL, IELTS, or PTE
- Resume
Different universities have different cut-offs and admission requirements. It is advisable that the students do their own research as well.
BCom Abroad Fees
The fees for BCom abroad can vary depending on the country, university, and program of study. The cost of living and tuition fees can be considerably higher in some countries, such as the United States and the United Kingdom, compared to others, such as Canada and New Zealand. Public universities in Germany offer courses for no tuition fee. However, tuition costs for studying BCome abroad can be between US$10,000 and US$70,000 per year. Additional costs like lodging, transportation, textbooks, and other living costs are not included in this.
BCom Abroad Scholarships
For those who want to study BCom abroad, there are numerous scholarships available. The cost of studying abroad may be partially or completely offset by these scholarships:
- Hani Zeini Scholarship: The scholarship amount is $1,000.
- Zolve Global Scholarship: The scholarship amount is $5,000.
- Global Study Awards: The scholarship amount is 10,000 GBP.
- QS Undergraduate Scholarship: The scholarship amount is $5,000.
- Ritchie-Jennings Memorial Scholarship Program: The scholarship amount is $10,000.
It is crucial to review the specific qualifying criteria, application procedures, deadlines, and terms and conditions for each BCom scholarship.
BCom Jobs in Abroad
There are excellent work opportunities for students who pursue BCom in abroad. Some of the BCom jobs in abroad include financial analyst, accountant, investment banker, accounting manager, payroll manager, etc. However, depending on the sector, business, and location, different duties and responsibilities will apply.
Explore popular universities
Courses after BCom in Abroad
There are several courses that a student can pursue after completing his/her BCom abroad. Some of the popular courses after BCom in abroad include:
- Master of Business Administration (MBA): One of the best study options after BCom in abroad includes an MBA. It will help the students in improving their employability exponentially.
- Master of Commerce (MCom): MCom is an obvious choice for a master’s degree after studying BCom abroad.
- Masters in Finance (MFin): For individuals interested in employment in investment banking, financial analysis, or corporate finance, this programme is especially well-suited because it equips graduates with advanced financial skills and knowledge.
- Masters in Business Analytics: For those who wish to play with numbers and data, MS in Business Analytics is an ideal course after BCom.
Overall, pursuing a BCom degree abroad may be a fulfilling and engaging experience that can aid students in achieving their academic and professional objectives while also promoting personal growth.
For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.
BCom Abroad FAQs
Q. Is it worth pursuing BCom in abroad?
A. Studying BCom abroad can be a special and worthwhile experience that gives one the chance to explore different cultures, travel the world, and build their professional networks. In other professions, including finance and accounting, studying overseas may also give you access to greater educational resources and facilities. Tuition fees, living costs, and travel expenditures can rapidly mount up when studying abroad, though. Students are recommended to explore particular programmes, get feedback from alumni and current students, and consult with professionals in the industry.
Q. What are some of the popular courses after 12th in commerce abroad?
A. Some of the popular courses after 12th in commerce abroad include Bachelors of Commerce (BCom), Bachelor of Business Administration (BBA), BCom Applied Economics, BCom Statistics, Business law, Human Resource Management (HR), Economics, just to name a few. To choose the courses that best fit your objectives and interests, it's crucial to conduct research on particular universities and programmes. Before choosing a course or major, students are also urged to review the career outcomes and employment reports.
Q. Which are some of the best colleges for BCom abroad?
A. There are several high-ranked and well-respected colleges for studying BCom abroad. Some of these include University of Sydney (Australia), Stanford University (USA), University of British Columbia (Canada), University of Toronto (Canada), University of Melbourne (Australia), University Canada West (Canada), University of Chicago (USA), London School of Economics and Political Science (UK), University of California, Berkeley (USA), just to name a few. The term “best” might be different for different students as each have their own criteria of determining their best fit for their goals. Hence, it is important that students research these colleges and universities before taking a final call.
Q. What are the job prospects after pursuing BCom in abroad?
A. Some of the job roles after studying BCom abroad include those of a financial analyst, accountant, payroll accountant, banker, etc. By enabling you to network internationally, obtain an international perspective, and build a variety of skills in areas like management, finance, and accounting, completing a BCom abroad can greatly improve your job prospects. Studying abroad can also show prospective employers that a candidate is adaptable, independent, and culturally knowledgeable. However, like with any degree programme, individual conditions, such as credentials, professional experience, and the employment market in the particular nation and industry, will ultimately determine job possibilities.
Q. What is the cost of studying BCom abroad and how do I reduce it?
A. Depending on the nation, institution, and course of study, the cost of studying BCom abroad can vary significantly. On average, a BCom in abroad can cost from $10,000 to $70,000 per year. Applying for scholarships and grants, working part-time while you study, and picking a less expensive area and programme are some strategies to lower the cost of studying BCom abroad. Additionally, comparing the cost of living and attending school in various nations can assist find more affordable solutions. To make sure that studying abroad is an affordable alternative, it is crucial to thoroughly weigh all the elements.
Q: Â Is university of West of Scotland good for international students?
Q: Â What rank is Wolverhampton University in UK?
The University of Wolverhampton is one of the best universities in the United Kingdom. The university is consistently ranked among the best universities nationally and globally. For nearly 200 years, the University of Wolverhampton has been consistently providing a quality of education to students and producing highly skilled graduates. The national rankings of the University of Wolverhampton are given below:
Ranking Body | Ranking |
---|---|
The Guardian University Guide 2024 | #101 |
The Complete University Guide 2024 | #117 |
Q: Â How to prepare for UK 10th board exam 2025?
Those who are preparing for the UK Class 10 exam 2025 are recommended to follow the tips below.
- Know the exam pattern
- Make a proper time table as per the syllabus
- Solve previous year question papers
- Make short notes of important formulas and theorems
- Revise regularly
- Figure out weaker areas and learn them well
With proper planning and hard work, students can easily clear the UK 10th board exam.
Q: Â Does the University of Essex require IELTS?
International students whose native language is not English must meet the University of Essex English language requirements to get admission. The university accepts IELTS scores as proof of English language proficiency. Mentioned below are the IELTS scores required for UG and PG admission at the university:
English Language Test | Score |
---|---|
IELTS | Overall score of 5.5 to 8.0 with minimum of 5.5 to 7.5 in each section |
The university also accepts the score of other English language tests such as TOEFL and PTE for admission to undergraduate and graduate programs:
English Language Test | Score |
TOEFL iBT | Overall score of 72 to 114 |
PTE | Overall score of 59 to 84 with minimum of 59 to 80 in each section |
Also read: Required IELTS Score for UK Universities
Q: Â Why indian students choose to study at Hult International Business School - UK?
Indian students choose to study at Hult International Business School in the UK for several reasons, including its highly ranked programs, global outlook, and career support. Hult offers a range of full-time master’s degrees, immersive bachelor's programs, and MBA options that prepare students to excel in the global job market. The school is the largest and top-ranked global business school, providing students with an incomparable universal outlook. Additionally, Hult's focus on experiential learning, extensive career support, and the opportunity to study at multiple campuses around the world are attractive to Indian students seeking a global business education. Furthermore, the school's emphasis on innovation and meeting the needs of students and employers may also contribute to its appeal to Indian students
Q: Â Is getting part time jobs easy while studying at Hult International Business School - UK?
Q: Â How can I get admission in the University of Manchester?
The application process at the University of Manchester may vary depending on the course and level of study. However, here is the application process for UG and PG courses:
The Undergraduate Application Process:
Step 1: You can apply through the UCAS common application portal.
Step 2: Go to the website and select the course you are interested in.
Step 3: Ensure you meet the Entry requirements (Academic qualifications, English proficiency, etc.
Step 4: Once you decide on the course, submit documents such as SOP, Transcripts and personal statements.
Check out: tips to improve your SOP.
Step 5: You can track the application's progress through your given credentials by UCAS.
Step 6: Once the applicant submits the application to UCAS, it forwards to the University, and the admission teams carefully analyse the application document.
Step 7: The university will send you an offer letter once selected. Hence keep checking your UCAS portal for your application status.
The Postgraduate application process:
Step 1: Select the postgraduate course you are interested in from the University of Manchester.\
Step 2: Ensure you meet the entry requirements for the chosen program, as they vary depending on the course.
Step 3: Complete the online application by providing your personal information.
Step 4: Upload the required documents, such as Academic transcripts and proof of English language proficiency ( TOEFL/ IELTS). experience in your fields and references (depending on the course). You also may require Two LORs depending on the course.
To make your admission better, check out the following: How Admission Officers Evaluate your application.
Step 5: If your application is successful, you will receive an offer from the University of Manchester.
Q: Â How good is Coventry University (UK)?
Coventry University is one of the renowned universities popular for its rankings, academic structure, facilities, research opportunities, and location. The university offers over 130 UG and 100 PG programs across four faculties. Coventry University also ranked no. 1 for student-staff ratio in midlands as per 'The Complete University Guide 2025' and rated gold for student experience as per the Teaching Excellence Framework (TEF 2023).
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The University of the West of Scotland has five modern and diverse campuses in United Kingdom. The University has welcomed more than 3,000 international students which are representing 1/3 of the globe. They also have 130 European partners who are actively in global study and exchange options through the Commonwealth universities programmes. The University also offers study abroad opportunities for UWS who are eligible for the same and also have more than 20 transnational education partners worldwide which helps them deliver UWS Bachelors and Masters Degrees around the world.