BCom is a suitable degree for commerce students to start their professional beginning. However, in today’s competitive world, having an undergraduate degree may not be sufficient, and students need to look out for more Career options after BCom, which takes them toward the career path of growth & scalability.
Keeping this in mind, we have come up with this blog that includes the details of the 7 most lucrative course options and job opportunities available for BCom graduates in India.
Bachelor of Commerce is an undergraduate degree of 3 years duration offered by prominent colleges & Universities in India. This course helps in developing an in-depth understanding of business-related concepts such as accounting, finance, marketing, management, etc.
|Course Duration||3 years|
|Recruiting sector||E-commerce, auditing firms, taxation firms, finance industry, Stock market, Banking, and Insurance sector.|
|BCom salary per month||Rs. 28,300|
There are several career options available for BCom graduates, but students are aware of only a few courses. So, let’s explore BCom career options that offer lucrative and satisfying careers.
Chartered accountant is one of the lucrative after b com career options available for graduates. To become a chartered accountant professional, students need to clear 3 stages of chartered accountancy exams and internship. Chartered accountants typically perform financial records audits on their clients and create financial reports for their businesses.
CFA is a high-standard course of 2.5 years course duration offered by CFA institute in America. BCom students who wish to make a successful career in the finance or investment industry as a financial analyst, market research analyst, or statistician can choose to pursue this course.
MBA is a postgraduate program that offers an in-depth study of various business fields such as finance, marketing, IT, etc. And it is the most popular course among commerce students as it widens the scope after BCom. To get admission to the top MBA colleges in India students often participate in competitive examinations like CAT, MAT, XAT, GMAT, etc.
Most students make a reasonable choice after completing BCom, that is pursuing M Com. Students pursue M Com with specialisation in any of the business-related fields such as finance, economics, taxation, statistics, management, etc. M Com is one of the best career options after b com, which will help you find a suitable job position in the corporate, academic field, or government sector.
One of the essential management positions in the C-suite is that of a company secretary, and to secure this job position, students need to clear a 3-level company secretary examination. In this course, students will study corporate law. And in this job position, their responsibility will be to handle the legal aspects of the company.
To make a career as an investment banker after BCom in multinational companies, students can pursue an internationally recognised CIB course that ranges from a course duration of 6 months to 1 year. This certificate course will help you build a career in corporate finance, private equity, equity research, hedge funds, asset management field, etc.
This course is a popular Career options after B Com among students from 173 countries from different parts of the world. Top multinational companies such as Deloitte, KPMG International, and Ernst & Young recruit ACCA graduates for the job position of finance manager, chartered accountant, accountant, etc.
BCom graduates who are looking for job options right after their graduation can look out for job opportunities in public and private sector organisations. Industries such as banking, finance, insurance, taxation, education, accounting, and wealth management offer enormous job opportunities after BCom for students.
Some of the prominent job profiles are as follows-
According to Payscale, the average salary of BCom graduates in India is Rs. 4,92,000. Below-mentioned is the graphical representation of the average B Com jobs salary earned by BCom graduates in different job profiles-
We hope this blog helps you understand the top-rated & popular Career options after BCom. Now, it’s your turn to select & build a career on the career option that suits your interest, skills, and career objective.
1. Can I get a high paying job after completing BCom?
Yes, after completing BCom, if you become a chartered accountant, Chartered financial analyst, or Investment banker, you can earn between 6-12 Lakh per annum.
2. What to do after BCom?
After completing BCom you can look out for job opportunities in the public/private sector, prepare for competitive examinations, or can pursue higher education courses like MCom or MBA.
3. Is BCom a good career option?
Yes, BCom is an excellent career option for students who are keen to join the accounts, finance, or banking industry. However, BCom graduates are demanded by every sector with a competitive salary package to perform business or finance-related activities of the organisation.
4. What are the Competitive exams available for BCom graduates in India?
The career options after BCom for graduates in India is not limited to job options or entrepreneurship, however, they can compete for certain competitive examination such as SBI PO, IBPS PO, LIC AAO, RRB NTPC, RBI grade B officer, to secure a prominent job position in the government sector.