B.Com is a 3-year bachelor’s degree program, most preferred by students in India. The he reason is the social and financial security it provides. This course introduces students to a broad arena of subjects – Accountancy, Finance, Economics, Business Administration and Industrial Policies. A B.Com graduate has a great demand in the industries around the globe. But to strengthen the value of a B.Com degree, one can always pursue a Masters degree or MBA program and land a higher salary job. Being said that, there are also many available career options after B.Com.
Apart from working as an accountant or data entry executive, a B.com degree lets students explore many other career options around the industry.
We’ve mentioned a few career options available after B.Com below in this article.
Master of Business Administration
A B.Com degree along with 2-3 years of work experience is an ideal eligibility to apply for MBA course. Various top companies hire fresh MBA graduates every year with salaries ranging from ₹ 5LPA to ₹ 25LPA. An MBA degree weighs higher than any other masters course but to crack an MBA interview is equally challenging. Those who aspire to pursue MBA after B.Com and land a dream job at top companies must also learn career hacks for better results. It is advisable to seek expert guidance on cracking MBA interviews.
ICAI or The Institute of Chartered Accountants of India is a statutory body that designates a person as a chartered accountant after appearing for a series of examinations and a few articleships. Chartered Accounting is one of the highest paying jobs in India. Along with an extraordinary academic record, a CA candidate should also know how to crack an interview to land a dream job in any reputed company. A CA is responsible for managing accounts, auditing and taxation of a company. A CA can also work as a consultant, SAP specialist, or start practicing individually as a firm. The more the expertise, the higher the income!
Chartered Financial Analysis
Chartered Financial Analysts can work in the most reputed banks, insurance companies, investment firms, financial security firms and MNCs to look after their wealth management, equity, and fixed income analysis, credit analysis, etc. CFA is a globally recognized and highest paying career option after B.Com. A CFA can earn approximately ₹ 12LPA – sometimes even more!
Certified Public Accountancy
The American Institute of Certified Public Accountants or AICPA conducts this certification and hence it has a global appeal. CPA is similar to CA, but any B.Com graduate aspiring to earn this designation must possess a bachelor’s degree in Business Administration / Finance / Accounting and complete 150 hours of education. CPA is a combination of CA and CFA. A CPA conducts financial statement audits, offers a wide range of attestation services and advice to corporate bodies and families on taxes and financial planning. A CPA can further advance to higher positions in the public and corporate accounting hierarchy and executive positions like Chief Financial Officer (CFO).
A CPA typically earns around ₹ 7-9LPA.
CS or Company Secretary course is administered by The Institute of Company Secretaries of India(ICSI). The course deals with corporate governance and it includes ensuring that the company complies with legal and regulatory requirements. An experienced CS can earn around ₹ 12LPA along with being at the highest position in any reputed company.
Simply put, B.Com is more than tallying a balance sheet!
It is always advisable to seek expert guidance to help you through the career path.
Expertrons with its own unique initiative, brings Academy+ program that assures jobs and internships through domain specific career guidance, 1-1 consultation with the industry experts, resume building training, mock interviews, referrals in the top-class companies and interviews lined-up. The Academy+ team makes sure that the aspirants who are enrolled at the program get best-in-class assistance to crack one of those lined-up interviews and land their dream careers with ideal salaries.
B.Com gives many career options in accounting, finance, management and business. Take expert guidance, choose the right career path and land your dream career now after pursuing a B.Com degree.