As nerve-wracking as it sounds, career decisions are not something we can put off. In this article, we will cover one specific area: B. Com. So here comes the question. What are the plans after B. Com? But it wasn’t that difficult, even though B.Com is a respectable, technical course in itself, you need to stand out from the crowd. You should have specializations that can make you a professional. From master’s degrees to chartered accountant courses and other certification specializations, the list has a wide range of options. Pursuing these courses after B. Com can land you in roles in almost every field imaginable related to finance, banking, commerce, e-commerce, digital banking, etc.
Bachelor of Commerce (BCom) has been one of the most common graduation courses among students from the commerce stream. The BCom course is strongly designed for those students who aspire to pursue a career in finance and accounting. If you don’t know what is the best course after Bcom or what to do after BCom, you have come to the right place!
The BCom program offers a bright career for students interested in commerce. There are several courses after BCom that can help students gain exposure to the job industry. Also, post-BCom jobs have always attracted students for their reputation and salary package.
We are here today to discuss these things. So, without further ado, let’s explore the career options available after BCom.
What all is covered in this post?
To make it easier for you, we have created a quick guide to everything you need to know about career options after bcom
What to do after Bcom?
One of the most common questions we get from students before they start is “What can I do after a BA (Bachelor of Commerce)?” They often come to us feeling a little confused about what to do next.
On the one hand, they have worked hard and invested a lot of money to earn their B.Com. On the other hand, for many career paths, a B. Com degree is not sufficient, requiring additional training, education, or even an appointment.
Here is the list of top things you can do after Bcom:
Get work experience in a bank
This option should be first on your list. Banks are some of the biggest employers in the financial services sector and they like to hire fresh graduates with a B. Com degree.
Get work experience in an accounting firm
Still, wondering what can I do after B. Com? A job at a large public accounting firm is a great place to start. The biggest accounting firms hire many university graduates every year and their training programs can give you more knowledge, more skills, and great work experience.
Get experience working in a corporation
Corporate refers to operating companies such as Google, Facebook, Tesla, Amazon, Salesforce, etc. Corporate careers can be a great training ground for a recent Bachelor of Commerce graduate as they can offer a wide range of work experience and provide a good job-life balance.
Go back to school for an MBA
Still, wondering what can I do after B.com? Earning a Master of Business Administration (MBA) degree can help you stand out in a crowded job market and earn the respect of your peers. Another backup plan if you don’t get a job with the first three options is to get a master’s degree.
Earn an online certificate in financial modeling
With the massive shift in trends from traditional education to online education and dynamic learning solutions, you should seriously consider an online financial modeling certification.
Obtain an accounting designation (CPA or CA)
We already listed public accounting firms in #3, but that was for positions that don’t necessarily require you to become an accountant (these positions can be filled by finance professionals).
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Offer to do a research project or an unpaid internship
If all of the previous options above still leave you wondering what your best career move is, you can try offering to do a research project or an unpaid internship at a company you really want to work for.
This strategy works particularly well with corporations (not so well with banks and accounting firms) as they can be more flexible and entrepreneurial.
List of best career options after Bcom
Students take several certifications, diplomas, or professional courses after graduation to enhance their knowledge and skills. After completing your BCom, there are several postgraduate or professional courses that you can pursue. These courses will help you gain new skills and improve your employability.
Here are some of the popular career options after Bcom along with the average per annum salary, career opportunities, and popular colleges in India –
|Career Option||Salary||Job/Career Opportunities||Popular Colleges in India|
|Chartered Accountant (CA)||5-15 Lakhs/Annum||Auditor, Financial Advisor, Tax Consultant, etc.||Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of India (ICMAI)|
|Company Secretary (CS)||5-12 Lakhs/Annum||Company Secretary, Legal Advisor, Compliance Officer, etc.||Institute of Company Secretaries of India (ICSI)|
|Management Accountant||4-12 Lakhs/Annum||Financial Analyst, Cost Accountant, Budget Analyst, etc.||Institute of Management Accountants (IMA)|
|Business Administration||3-8 Lakhs/Annum||Business Manager, Marketing Manager, Operations Manager, etc.||Indian Institute of Management (IIMs), XLRI Jamshedpur, Symbiosis Institute of Business Management (SIBM)|
|Banking and Finance||4-12 Lakhs/Annum||Banker, Financial Analyst, Investment Banker, etc.||Indian Institute of Banking and Finance (IIBF), National Institute of Bank Management (NIBM)|
|Insurance||3-8 Lakhs/Annum||Insurance Agent, Insurance Advisor, Risk Management Specialist, etc.||Insurance Institute of India (III), Institute of Insurance and Risk Management (IIRM)|
|Taxation||4-10 Lakhs/Annum||Tax Consultant, Tax Advisor, Tax Investigator, etc.||Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of India (ICMAI)|
|Stockbroking||3-8 Lakhs/Annum||Stock Broker, Financial Advisor, Equity Research Analyst, etc.||National Institute of Securities Markets (NISM), Indian Institute of Capital Markets (IICM)|
|Mutual Funds||3-8 Lakhs/Annum||Mutual Fund Advisor, Portfolio Manager, Investment Advisor, etc.||National Institute of Securities Markets (NISM), Indian Institute of Capital Markets (IICM)|
|Auditing||4-10 Lakhs/Annum||Auditor, Internal Auditor, External Auditor, etc.||Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of India (ICMAI)|
Note: The list is not limited there are many more options available. If you need any assistance in finding the right career for you, reach out to our experts.
Students often find themselves in a dilemma while selecting the right career option. Through this article, we have tried to give you an understanding of diverse career options after B. Com. But we still recommend you seek an expert opinion for all decisions, as even a slightly different move may make or break your career in the future. iDreamCareer has been rebuilding young lives and their young minds through unbiased career guidance programs. We are ready to help you too!
No doubt choosing the right career options after bcom is a daunting task! But if you still, got questions? Why don’t you connect with our industry experts? Yes, you read it right! You can get your queries resolved in just 60 seconds from our Career counselors. So, what are you waiting for? Download the app now!
iDreamCareer has helped millions of young minds like you from 9th class, 10th class, class 11, and class 12 discover their true mettle and is ready to help you too.
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Chartered Accountant (CA), Company Secretary (CS), Management Accountant, Business Administration, Banking and Finance, Insurance, Taxation, Stockbroking, Mutual Funds, Auditing
A Business Manager is responsible for overseeing the day-to-day operations of a company, making strategic decisions, and ensuring the company’s goals are met.
To become a Company Secretary (CS), you must have a Bachelor’s degree in any stream and complete the Company Secretary (CS) program offered by the Institute of Company Secretaries of India (ICSI).
A Financial Analyst is responsible for analyzing the financial performance of a company, making investment recommendations, and providing insights to support decision-making.
Yes, banking and finance are good career options after B.Com as there is a high demand for professionals in this field. The job opportunities are abundant, and the salary packages are also attractive.
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Anushree has 4+ years of experience in the career counseling industry as a Content Writer. She has also worked as a Social Media Marketing Expert for a startup and Content Quality Analyst for Publishing and E-learning Industry. She has done her Master’s in Commerce and PGDM in Finance & Trade and Marketing & HR, but she is currently following her passion for writing.