Career Opportunities after B.com
A conceptual grasp of accounting, economics, business law, taxation, insurance, and management is provided through the three-year undergraduate programme B.Com. With a B.Com degree, you can pursue careers in areas like cost and work accounting, insurance, banking, and chartered accounting. A background in business can help pave the way for a prosperous career and a B.Com degree increases familiarity with the business’s financial framework. Additionally, a bachelor’s degree in commerce provides a strong foundation in basic financial concepts.
We will be always confused on what are all will the jobs that are available after pursuing a B.Com degree.Like there are plenty of fish in the sea, there ‘n’ number of job opportunities after the completion of B.Com.Only thing is to choose which you like and what you are really better off with.
Here are some of the career options after B.com degree,
1)Chartered Accountancy (CA)
For most of the commerce students, the first subject that springs to mind as a career prospect is CA.One of the top possibilities for a job following a B.Com.Student can enrol in CA as soon as they graduate.Three stages that CA includes are : CPT, IPCC, and CA Finals.
You become a certified chartered accountant after passing all three levels and a 2.5-year internship.It is possibly one of the best employment alternatives available for a B.Com graduate.This three-year programme can help you find employment with major corporations.It is one of the greatest courses to do after B.Com because you can practise your degree and start your own CA firm. It is a highly paid career option where one can have an average salary of Rs. 7.9 LPA in India.
2)Certified Management Accountant(CMA)
If you are considering a career overseas after receiving a B.com, CMA is A a good solution.In order to enrol this course, you have to pass two levels of examination and have two years of job experience.The Institute of Management Accountants in the USA offers the Certified Management Accountant (CMA), a professional certification credential that is recognised around the world.Management accounting and financial management are the two areas on which it concentrates.You will be skilled and informed in areas including financial planning, analysis, control, decision-making, and professional ethics in this qualification.
You require to pass two levels of exams and have two years of work experience in order to become a CMA-certified professional.After getting the CMA certification,opportunities for work are available in businesses of all sizes and in all sectors.CFA-certified experts are always in demand across a range of industries, including public and private corporations, not-for-profit organisations, academic institutions, government agencies (USA), and MNCs.
One of the many important career responsibilities from the list of B.com courses, is company secretary (CS).One of the most important management positions in the C-suite, along with the CEO and CFO, is that of the corporate secretary.
A CS is in charge of overseeing all legal matters in a business or organisation.One of the greatest courses to do after a b.com is company secretarial work, which typically entails handling a business’s tax reports, keeping tax records, giving the board of directors practical advice, and making sure all legal and statutory requirements are satisfied.You have to study corporate law in order to work as a company secretary.Foundation, Intermediate, and Finals are the three stages of this three-year degree.
In India, the salary range for CS is between Rs. 4 and 10 LPA.The average wage for CS, at Rs. 5.8 LPA, makes it one of the most alluring careers after B.Com, according to payscale.
4) Business Accounting and Taxation(BAT)
The programme named Business Accounting and Taxation (BAT) Course was carefully created by specialists in the field to prepare students for careers in accounting.
It is a fantastic career choice For B.com graduates.In addition to engaging in practical and experiential learning you will learn about the the most in-demand technologies used in the accounting and taxation sector, as well as one of the best courses available after B.Com, in this programme.
The learning modules for the course cover subjects including payroll component ESIC, Excel and MIS reporting, finalising financial statements, goods and service tax (GST), direct taxation, and financial reporting utilising ERP software.You can select from a variety of prospective careers after finishing this intensive course.
5) Digital Marketing
After completing a B.Com, it would be a good idea to enrol in a digital marketing school because it is one of the trendiest sectors right now.Digital marketing should be your first choice of course if you’re seeking creative work. Through this course, you can understand the whats and hows of the digital business environment.
Digital marketing programmes might run anywhere from three to eleven months. Both domestic and foreign businesses frequently hire for this position.
You can find fascinating opportunities with a sizable annual package in this trending sector with dynamic work roles.
A digital marketing course’s main goal is to educate you to the field of digital marketing, along with its fundamental ideas and methods for creating a trustworthy brand online.SEO, SEM, SMM, email marketing, content marketing, PPC, web design, and other topics are covered in-depth in digital marketing courses.3 to 11 months are the possible course lengths.The average salary can range from 4 to 15 lakhs rupees per annum.
The banking sector is crucial to the growth of India’s economy as it continues to expand at an unprecedented rate.In the current circumstances, it is safe to go for banking sector jobs as it ensures high job security, good package, safe and comfortable work environment and great work life balance as well.
The banks’ favourite choice is to hire B.Com graduates as they will be very much professionalised to handle accounts and finance.Government or commercial banks operate for these institutions.
You must pass the qualifying exam to be hired by a government bank, whereas commercial banks hire students through campus placements.However, students have a wide range of possibilities open to them in both the public and commercial sectors, ensuring their ongoing development. One will be getting private sector and public sector jobs in the banking industry as well.