Ask & Answer: India's Largest Education Community

Commerce is the activity of buying and selling of goods and services, especially on a large scale. The system includes legal, economic, political, social, cultural and technological systems that are in operation in any country or internationally. Thus, commerce is a system or an environment that affects the business prospects of economies. It can also be defined as a component of business which includes all activities, functions involved in transferring goods from producers to consumers.
B.Com (Hons) is a three year undergraduate degree program to provide the student with a wide range of skills in area of Commerce, Accounting and management. It also helps in preparing the students for business enterprises in Account and Finance roles. Some universities allow students to specialise in a particular subject in a final year. Some universities offer B.Com degree course.
Majority of syllabus of B.Com (P) and B.Com (Hons) is same. B.Com (P) gives an overview of various subject where same course in Hons has more depth and content. In B. Com (P), you cannot specialise but in Honours degree student can specialise. B.Com (Hons) is now a de-facto a standard accepted degree for jobs. Cut off for B.Com (Hons) is higher in comparison to B Com (Pass).