Build an exciting career after B.com course

B.Com or Bachelors of Commerce is an undergraduate degree available almost in every institute. B.Com covers various business subjects over three years which help the students in having a better understanding about the course. This course gives many career opportunities to the students. Students can do a master’s program in any discipline they like. They can apply for courses like M.Com, Taxation Laws, Financial Accounting, Marketing and many others. B.Com is a three-year program which focuses on business areas. 

Jobs after B.Com and salary vary depending upon the position one is posted on. There are various jobs and related salaries; you can get after completing B.Com. Some of them are given below:

B.Com jobs in Banks:

Students generally do B.Com and expect to have a good salary after the graduation degree but it’s not like that. Students are advised to go for a master’s degree after B.Com so that their chances of job opportunities increase and they can get a good job with quite a high salary. You can go for courses like M.Com, MBA, CA, CS, CMA and many others. There are several B.Com jobs in banks i.e. a B.Com graduate can get these jobs but there are several pros and cons. Banks like Bank of America, IDFC Bank, Axis Bank and many others provide jobs to B.Com graduates.

Pros:

1. The requirement of the professionals in the bank has increased as they are required to work for a whole year.
2. Banks provide basic knowledge to every fresher from courses like science, arts or humanities.
3. The salaries that these freshers and professionals get are quite high thereby leading to personal and professional growth.

Cons:

1. Some people might not feel like working after a certain period of time as the job role remains the same.
2. There are several and frequent fluctuations in the stock market. Therefore, there are layoffs in the banking sectors.

Sometimes students face this confusion regarding the course to be done after B.Com. Most of the students feel that they can either do MBA or CA. However, there are certain courses after B.Com other than MBA. Below is the list of courses you can apply for after completing B.Com / B.Com honours.

Company Secretary (CS)

A CS is responsible for maintaining and solving all the legal matters of the organization. This is one of the best courses that you can apply for after completing B.Com. the salary of a CS ranges from Rs. 4 – 10 LPA.

Master of Commerce (M.Com)

This is a two-year program which focuses on the business aspects. You can learn certain skills from B.Com and M.Com and apply it in the professional world. The salary of a M.Com is Rs. 3 LPA.

Chartered Financial Analyst (CFA)

A CFA is responsible for maintaining the statistics, finance and other important areas of the company. Many reputed companies employ these CFAs. This is a 2.5 year program and the salary for this course ranges from Rs. 6 – 10 LPA. 

Certified Management Accountant (CMA)

This course is recognised in the US. A CMA is responsible for maintaining areas like Finance, Risk management, Planning, Strategising and many more. The starting package of a CMA is Rs. 8 LPA.

Financial Risk Manager (FRM)

As the name suggests, a FRM is responsible for calculating the risks regarding investment of the organisation and making sure that the company yields profits. A FRM identifies the threats to the company’s assets and makes sure that there are no losses. The average salary of a FRM is between Rs. 10 – 18 LPA.

There are various other courses like Certified Financial Planner, Certificate in Investment Banking and Bachelor of Education (B.Ed) that you can apply for. But the above-mentioned courses are some of the best courses you can pursue after B.Com apart from CA and MBA. 

There are several other courses after B.Com in abroad that you can apply for. You can pursue B.Com from India and apply for master courses in countries like the UK, Canada, Australia and other European countries. However the list for courses after B.Com in abroad is given below:

Master’s in Management (MiM)

This is one of the most preferred courses that students can apply in foreign universities. This course provides career opportunities like product & services, consultant, production, pharmacy, utility, healthcare and many more.

Master’s in Finance (MiF / MFin)

This course involves areas like stock market and risk analysis. Students learn to identify the risks related to business assets and take appropriate measures to prevent the company from losses. They also learn how to invest and manage risks. This course offers career opportunities like Investment Banker, Sales and Marketing, Trading, Equity, Share Market and many more. The salaries for the same are quite high.

Master’s in International Business (MIB)

This course consists of subjects like marketing, economics, international marketing and strategising. Students learn to carry out such functions with great efficiency. The job opportunities that this course provides are subject-related like Consultant, Sales and Production Manager, Marketing Executive and many more. The salary for such jobs is quite high. 

Master’s in Economics

This is one of the good fields for the students who are good in numbers and variables and wish to have a career in the same field. Career options for economics include Budget Analyst, Financial Analyst, Market Researcher and many more. People working under such jobs are paid quite high from the very beginning. 

There are certain government jobs after B.Com that you can apply for. However, government jobs are not easy to find so students are advised to work hard and get promotions in the banking sector. 

Jobs after B.com (Hons.)

Many students wonder whether there are good job opportunities after B.Com or not. Jobs after B.Com (hons.) for the same are given below:

There are certain career options and courses that you can apply for after completing B.Com. Jobs after B.Com and salary vary according to the position of the individual. And the same is the case with B.Com jobs in banks. You get exposure and learn various skills while doing B.Com. Therefore, to have good salary packages and job opportunities B.Com is a good option followed by a master’s course in any discipline.