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BCom Correspondence In distance education, BCom is a three - year undergraduate degree focusing on commerce, economics, business law, accountancy, taxation, and financing. BCom is the foundation upon which subsequent studies can be constructed. BCom is a UGC recognized UG program available in Distance, Online.One of the primary benefits of a BCom degree is the ability to get a suitable job and begin a career immediately after graduation. Students can also pursue postgraduate degrees.