Career option after B.Com

10 Best Career Options After B.Com In India 2024

Are you a B.Com graduate looking for the best career options? Check out this list of top 10 jobs in India for B.Com graduates in 2023! With job descriptions, salary ranges, and other helpful information, you'll be better equipped
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A B.com degree can open the door to a plethora of opportunities. For example, one can pursue careers in management, insurance, taxation, business law, accounting, and economics. More so, even than what we included in our list B.com graduates thus have many professional options.

Getting a good B.com degree from a profound institute can help you advance your career faster.

Hence, it’s best to be selective while choosing the right college for your interest. However, thanks to the alum network, the right placement opportunity is waiting for you.

If your luck didn’t favor on-campus placement, don’t lose your heart. If you have this question – after B.com, which course is best? Then there are 10 trending career options after B.com in 2022.

10 Best Career Options After B.Com

1. Digital Marketing

One of the greatest online courses to take after a b.com are in digital marketing.

Due to the coronavirus in 2020, several businesses decided to go online to build their brands. Since then, there has been a rise in the demand for experts in digital marketing.

Digital marketing is the most popular course after a b.com and before an MBA.

The average compensation for digital marketers in India is Rs 517,127 per year. These wages can range from Rs 3.0 lakhs to Rs 19.8 lakhs.

To learn this digital marketing course, you can choose online or offline learning.

Short-term training is available in digital marketing. Albeit this, it can potentially give a very high return on investment.

You’ll need between four and six months to finish this course in digital marketing

You can work as one of the following after completing the course:

Digital Marketer

Social Media Manager

SEO Expert

Influence Marketer

Content Writer

Copywriter

One can also offer freelance services in several domains instead of one. For instance, you can do SEO audits and content writing.

This way, clients won’t need to hire someone else and would happily connect with you.

2. CIB – Certificate in Investment Banking

Getting certified in investment banking is one of the best paths following a b.com. An Investment Banker helps clients raise capital by selling business stock and issuing debt.

To become an investment banker, one must pass the Certificate in Investment Banking (CIB) exam.

The test assesses an individual in domains of their knowledge, aptitude, and critical thinking.

The CIB is a six-month certification program. You can test your ability to create a systematic and planned approach after earning your b.com.

These methods aid in the valuation of both publicly traded and privately held businesses. These may be relevant to LBOs, corporate activities and restructuring, financial statement analysis, mergers and acquisitions, initial public offerings, and other important investment choices. 

The CIB Course will prepare you for a career in

  • Investment Banking
  • Corporate finance
  • Equity research
  • Private Equity
  • Asset management
  • Hedge funds
  • Private wealth management and strategy.

Rs. 8.4 LPA is the typical compensation for investment bankers in India.

3. Master Of Commerce (M.Com)

M.com (Masters of Commerce) is a postgraduate program for two years. One can do it after receiving a B.com or a B.com (Hons) in business administration.

Career prospects are available through this postgraduate program in industries like accounting, banking, financial services insurance (BFSI), and other corporate and financial sectors.

The program introduces the economy’s complex workings, taxation structure, etc. Many M.com graduates opt for management and organizational behavior as their career profile.

You can choose from a variety of specialist M.com subjects. These include finance, accounting, statistics, and economics. Apart from CS and CA, pursuing an M.com degree is a fantastic professional choice.

One has the option of studying subjects like:

  • Social obligations in ethics
  • E-commerce
  • Management of costs and accounts
  • Accounts in advance
  • Taxation
  • Commercial customs, etc. 

It also offers possibilities for further education like the Ph.D. and UGC-NET.

An M.com postgraduate is often paid between Rs 2 and 12 lacs annually.

An M.com graduate can work as a junior accountant, sales manager, auditor, or sales officer.

You are not simply restricted here by this course. You have several options, including starting your own business or becoming a teacher. It is useful training that is also trustworthy.

4. Company Secretary

A business’s efficient administration is the responsibility of the company secretary. They also ensure that the board of directors’ decisions is carried out and that all legal and regulatory obligations are met.

It is a three-to-five-year professional program run by ICSI (Institute of Company Secretaries of India). It has a relevant market value and is a substitute for the CA course.

An in-depth understanding of corporate law, constitutional principles, social responsibility, and ethics are key to this course.

It also provides information on corporate ethics and the surrounding environment.

ICSI, like ICAI, accepts students who have finished their 10+2 in all streams. Every C exam is given in June and December. Besides, there are three exam levels and professional training with a corporate secretary.

The company secretary course’s first and most important step is the CS foundation.

It consists of four exams given by ICSI that cover the following topics:

  • Business environment and entrepreneurship
  • Principles of accounting and auditing
  • Business economics
  • Business management ethics and communication

Like CA Inter, CS Executive is divided into two groups, Group 1, has four subjects.

  • Private and public blogs
  • Budgeting for business accounts and budget control
  • Tax law
  • Accounting for corporate accounts
  • Corporate communications
  • The management information system

The following subjects for Group 2 are:

  • Advanced Company Law and Practice
  • Data Technology and System Audit
  • Quality Management and Due Diligence
  • Secretarial Audit
  • Financial Treasury and Forex Management

You can choose to take on either group or both in a single effort.

Following completion of the CS Executive program, it comprises 15-month articles working under a CS.

CS Final – This program’s last phase is it. There are two groups there. 

The subjects covered by Group 1 are:

  • Advanced Company Law and Practice
  • Secretarial management and system audit
  • Secretarial Practice Dealing with Economic Laws
  • Drafting and litigation

Group 2‘s course offerings include:

  • Banking and Insurance-Law and Practice
  • Corporate Restructuring-Law and Practice
  • Financial Treasury and Forex Management.

Group 3‘s course offerings are as follows:

  • Direct and indirect taxes: law and practice
  • The World Trade Organization
  • International Trade;
  • Joint ventures
  • Foreign collaboration.

A CS averages between $4 and $12 million yearly.

So, the answer to – after B.com, which course is best for girls? Becoming a Company secretary is one of the answers.

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5. CFA – Chartered Financial Analyst

The CFA Institute confers the recognized professional certification of chartered financial analysts (CFA). In addition, it assesses and accredits financial analysts’ knowledge, skills, and ethics.

Exams covering topics include:

  • Accounting
  • Economics Ethics
  • Money management
  • Security analysis

These four are part of the three stages of testing that candidates must pass.

Investment and financial professionals who complete the program will receive “The CFA charter.”

The three test levels—Level I, Level II, and Level III—make up the graduate-level CFA program.

CFA certification exam is carried out in online mode.

In India, there are ten cities where the exam is for the June session and six for the December session.

Investment management, financial analysis, stocks, bonds, and derivatives are a few topics the program covers.

Each exam level has variations in the CFA exam pattern and complexity level.

Within 60 days of the exam date, CFA Level I and II results are accessible, while Level III results are available within 90 days.

The three exam levels must be passed by candidates in the order specified.

Only English is available for CFA exams. The designation “CFA charter holder” is given to a candidate who completes the program. Thirty-five nations throughout the world have more than 1.2 lakh CFA members.

6. BAT – Business Accounting Taxation

Business Accounting and Taxation is a six-month academic program accredited.

Before we get into more detail about the coursework for the BAT course and how it can advance your career, whether you are a student or a working professional, let’s first grasp the two most important components of the program.

Business Accounting

Keeping track of all corporate operations is known as business accounting. This procedure involves assessing, recording, and interpreting financial documents.

Taxation

Governments all across the world use taxation as a method of revenue collection. It entails charging an individual, a group of individuals, or a company to produce income that can fund national development initiatives.

Let’s look through these brief points to get a sense of all that curriculum will cover in the BAT course:

• A BAT course offers students an in-depth understanding of accountancy. It is a rigorous certification program delivered through in-person and online classes and has an extensive curriculum. It gives pupils a well-rounded grasp of bookkeeping and accounting through theoretical and practical knowledge. Also explicitly trained in this course is the System Application Product (SAP), a system composed of modules that address every facet of Business Management. Devotion.

Learning SAP, a skill that is in high demand in the management area, is a benefit to add to your skill set.

• A BAT course also provides students with the tools and methods of software called Quickbooks Coaching. This program is one of the most dependable sources in the accounting industry for preserving personal financial statements or information.

One must hold a B.com degree from a reputable academic institution to enroll in a BAT program at a recognized academic institution. Aside from this, the requirements for admittance may vary depending on the institution selected.

You can get an offline application form or apply online for the BAT course by visiting the institute’s official website. You must hold a bachelor’s degree in a discipline or specialization linked to commerce, such as B.Com, BBA, etc. Each institution that offers the BAT course has a different fee structure, and both full-time and online options are available.

7. MBA – Masters In Business Administration

One of the best courses after 12th commerce for girls with a high salary is MBA.

If you want to keep working in the business world after receiving your b.com, getting an MBA is the best course of action.

We suggest enrolling in an MBA program at a reputable university if you’re unsure about what to do after receiving a b.com degree. Then success will come knocking, but to get into the right institution, you must take the CAT exam.

After completing your post-graduation at one of the top B schools with excellent placements, getting an incredible package gets simpler.

Your compensation could reach Rs 1 crore, depending on your experience, skills, and employer. This is not a set salary; you can make much more with hard work and experience. 

The MBA program is designed to make it simple for a B.Com graduate to understand. Therefore, a BCom program’s curriculum is identical to an MBA program’s.

Thus, there won’t be any problems or difficulties for the students in grasping the courses and fields of the MBA after BCom.

You can observe how subjects are covered in the B.Com. In addition, the syllabus is constructed and extended for a comprehensive MBA understanding.

You can gain a basic understanding of the business from a B.Com degree, which you can develop further by pursuing an MBA. After earning a BCom, an MBA would give you various career opportunities. After earning your MBA after your BCom, many work prospects are available.

After earning your B.Com, you can dramatically boost your projected income by pursuing an MBA.

After completing your post-graduation from the best B schools with excellent placements, getting an incredible package is easier. 

The typical length of the MBA program is 1.5 to 2 years.

However, a lot relies on the organization that offers it. Most of the time, business institutions offer MBA programs that one can finish in two years.

Yet, several MBA schools offer unique 1-year MBA programs that are currently popular. On the other hand, you might be afforded some leeway in finishing the course if you decide to study an MBA through an open school or by correspondence.

8. CA – Chartered Accountant

The definitions of accountancy and chartered accountancy are quite similar. The position entails managing the finances of an organization. This includes taxation, planning, auditing, company strategy, and account management.

A chartered accountant differs from a regular accountant in that the latter has gone through years of extensive training and has passed multiple exams in various accounting-related subjects to earn the title of a chartered accountant. 

Chartered accountants are:

  • Experts in various economic fields.
  • Managing an organization’s finances.
  • Giving financial advice.
  • Assisting with money management.

This could be for a company, a person, or the government.

The fact that chartered accounting is a well-paying and stable career is the only motivation to pursue it.

Every firm requires someone to manage their finances, assist with tax preparation, and conduct audits because the entire world depends on money.

There are countless employment prospects for chartered accountants. Regardless of industry, finance management is a must for all organizations, and chartered accountants are the panacea.

As a chartered accountant, you can find work in the following sectors:

A few businesses and sectors we serve include independent practices, financial institutions, consulting firms, capital market services, and chartered accounting firms. 

The industries mentioned above are continually in need of chartered accountants. You can manage a company’s accounts, finances, taxation, or auditing by working for a company or organization. In addition, you can work independently and offer your skills to anyone who requests them. 

Another career possibility is the constant need for qualified chartered accountants among financial organizations. Another method to use your accounting knowledge is by working for consulting firms.

Chartered accountants are assigned by consulting firms to assist their various clients in achieving their short- or long-term financial objectives. Therefore, a consultancy firm may be the best choice if you want to work for many clients.

The package can vary from Rs 3 lakh to 18 lakhs. Meanwhile, the average package is usually around Rs 7 lakh annually. 

9. CMA – Certified Management Accountant

CMA is the solution if you consider a career overseas after receiving a BCom. However, you must complete two levels of testing and have two years of work experience to enroll in this course.

The Certified Management Accountant (CMA) professional certification credential is provided by the Institute of Management Accountants in the USA and is acknowledged worldwide.

Its primary focus areas are managerial accounting and financial management. 

If you clear CMA, you will be skilled in financial planning, analysis, control, decision-making, and professional ethics.

To earn the CMA certification, you must pass two tests and have two years of professional experience. 

You can discover career prospects after earning the CMA certification in businesses of all sizes and all sectors.

CFA-certified experts are always in demand across various industries, including public and private corporations, not-for-profit organizations, academic institutions, government agencies (USA), and MNCs.

10. Government Jobs

Candidates with a B.Com degree can apply for government job positions in the UPSC, SSC, IFS, banks, post offices, railways, the military, state PCS, and other organizations.

Jobs in the Central Government

The UPSC exams are carried out to fill most Central Government job openings. Depending on the grade and position, there are several exams.

The IAS, IFS, IPS, and other central government services examinations are the highest grade of UPSC examinations that a B.com graduate may take.

The SSC also conducts many exams to fill openings in various government agencies, including the Grade III Exam, Combined Metric Level Exam, and Combined Graduate Level Exam.

Jobs in Public Sector Banking

Another significant employer of B.Com graduates is the Indian banking industry. As a result, students have many work options in this field.

Most banks provide graduates with a solid career and a reasonable wage. A B.Com. Graduates may be eligible for positions ranging from clerical to the probationary officer in a bank.

Mostly, these banks administer admission exams to hire suitable applicants. The hiring procedure will also include a second round of interviews. Candidates must have more than 60% of the required marks to apply for PO jobs.

Jobs in Indian Railways

A B.com graduate may apply for various examinations that the Railway Recruitment Board administers to hire competent people for the RRB.

Graduates have excellent employment options on the railway.

A B.com graduate can start their career as an assistant accounts officer in the railway and work their way up via grade promotions, department exams, and divisional accounts officers before becoming the chief accounts officer.

Jobs in Indian Defense

Candidates for the defense sector who have earned a B.Com degree can apply to the Indian Defense Accounts Service (IDAS), which handles the defense sector’s financial records.

As an Assistant Controller of Defense Accounts, a graduate can join the military at the entry-level.

SBI PO (SBI Probationary Officer)

The SBI PO competitive test is conducted by SBI (State Bank of India) for Probationary officers. For the pupils, the best portion of this exam occurs every year.

The SBI PO exam only has three stages.

  • Initial Exam.
  • Primary Exam.
  • Test I or Test D.

The eligibility requirements are as follows:

  • Indian citizenship or nationality of SBI PO.
  • The SBI PO has an age range of 21 to 30.

* There is age relaxation as per reservation. For more details, check the official SBI PO exam portal.

Conclusion

So, after earning a B.Com degree, these are some of the top courses you and others can enroll in. We genuinely hope our list of courses to take after earning a b.com has helped you decide on your course of study.

Stay tuned to us if you want to learn more about your career and the job chances knocking on your door. In addition, students who have completed grade 12 can click here to learn more about post-secondary courses.

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Any queries regarding what you should do are welcome in the comment section. We would be happy to assist you and offer guidance. Many blessings for the future! 

FAQs

1. After B.com, which course is best in technology?

The answer is that there are classes available in subjects like software test engineering, quality assurance, AutoCAD, Photoshop, C++, Java, Tally, SAP, MS Office, MS CIT, and digital marketing. 

2. What are the top international B.com courses?

With a BCom from another country, you have many alternatives for pursuing a master’s degree. Graduates of b.com programs continue their studies in master’s, MBA, MIM, master of finance, etc.

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Digital Scholar

Digital Scholar is a premier agency-styled digital marketing institute in India. Which offers an online digital marketing course and a free digital marketing course worldwide to elevate their digital skills and become industry experts. Digital Scholar is headed by Sorav Jain and co-founder Rishi Jain, who are pioneers in the field of digital marketing. Digital Scholar’s blogs touch upon numerous aspects of digital marketing and help you get intensive ideas of different domains of digital marketing.

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