Pune: High number of students applying for Commerce has led to Brihan Maharashtra College of Commerce (BMCC) to introduce this year an entrance examination for admission to higher education.
These exams have been the hallmark of admission to professional courses, but Savitribai Phule Pune University officials say most of the in-demand business courses may soon require them.
Nominal fees coupled with strong demand for business graduates in the labor market are fueling the movement. The AB Com degree may not land a lucrative job, but with the rise of back-end departments in banking, finance, e-commerce, and insurance companies, business students are able to easily find jobs. jobs after graduation, which will earn them between Rs 10,000 to Rs 20,000 per month, which considering their course fees is a good return on investment, Parag Kalkardean of the faculty of commerce and management of the SPPU, said.
“The related fields of retail and banking are growing now. They require students with a business background. Back-end work in financial companies, retail companies, and insurance companies requires students with business terminologies. A week’s training in English to acclimatize them to the nature of their work and they are easily absorbed by companies for a salary between Rs 10,000 and Rs 20,000,” Kalkar said.
Seema Purohit, director of BMCC, said that this year the college has introduced a B Com degree in financial technology and a four-year course for B Com Honors which will involve students doing internships in the final semester.
“We have around 4,000 applications for the entrance examination for less than 1,000 places. These students come from different school boards and we need a platform to bring them to Au Pair. The entrance exam scores will have a weighting of 60% while the two Standard X and the XII brands will receive a weighting of 20% each,” Purohit said.
Students have specific business courses in India and abroad that they wish to pursue after Standard XII which will guarantee them jobs,” said Madhuri Chittewan, principal of Dr. Kalmadi Shamarao Junior College.