There are several job opportunities available after BCom such as Banker, CS, Account Executive, etc. In this article, we have curated a list of the Best Career Options after B.Com along with higher study options in case candidates want to expand their job opportunities.
B.Com or Bachelor of Commerce has been a popular course among students for many years now. The career options after B.Com are also varied such as Tax Consultants, CA, CS, Banker, HR, Accountant and many more. The BCom course is prepared in such a way that students learn a vast array of topics in various business fields. Students who are interested in studying accounting, taxation, etc. should take BCom, however, this degree alone will not help them get good job opportunities. To get a job that pays well, candidates have to select proper courses after completing their B.Com. There are quite a lot of courses available for BCom students that will help them gain advanced industry-related skills and eventually a job that pays well. Companies prefer BCom graduates as they have diverse and vast academic experience.
After the BCom course, pursuing post-graduate studies or a professional certificate can help in making a well-established career. Many students go for private jobs, some prepare for government jobs while a considerable number of BCom graduates opt for higher education with the M.Com course, MBA course or certificate courses to enhance their skills and increase their chances of employability for a bright career option after BCom. This article will help students to find out the best career options after B.Com.
Best Career Options after B.Com
BCom is preferred by students due to the available job opportunities after completing the degree. The diverse range of career options after B.Com is another reason for the course's popularity. Commerce graduates wondering what can be the best career options after B.Com can work in accounting, marketing, investment, banking, etc domain. To get a job, candidates can directly enter the job market after graduation, choose to do various courses along with BCom or after B Com or appear for various government exam jobs.
Discussed here are some of the best career options after B.Com that graduates can get after completing the relevant courses.
Job Profile | About | Eligibility | Average Salary |
|---|---|---|---|
Chartered Accountant (CA) | The CA course includes 3 levels, CA Foundation, CA Intermediate and CA Final. To become a certified CA, candidates must complete the Foundation and Intermediate stages, articleship training and the CA Final stage. The career options after B.Com is wide along with the CA degree, they can work in different consulting, auditing, tax administration, finance, and financial analysis industries. The CAs can even open their firm and work independently. | Pass all 3 stages of CA, Foundation, Intermediate and Final. Complete at least 2 to 2.5 years of articleship training during your CA Intermediate course. | The annual salary range for a CA in India is between INR 5 LPA and INR 12 LPA or an average of INR 7 LPA. |
Banker | The best career option after completing BCom is the banking sector which has various posts with attractive salary packages. The bankers can directly apply for jobs in the private sector after completing their degree or can appear for competitive exams and get into public sector banks. | Candidates can pursue an MBA after completing a B.Com degree to get high-paying banking jobs. For government banking jobs, graduates can appear for RBI, SBI, IBPS or other banking exams. | A fresher will get INR 3 LPA to 6 LPA. |
Company Secretary (CS) | A Company Secretary has to manage all the legal aspects of an organisation. CSs usually take care of a company’s tax returns, maintain tax records, offer actionable advice to the board of directors, and ensure all legal and statutory regulations are met. | The CS course duration is of 3 years and 11 months including the training period. After completing the course, candidates will be considered certified CS. | CS Salary for freshers is also lucrative and it could range from INR 4 LPA to INR 7 LPA. |
Chartered Financial Analyst (CFA) | One of the best career options after B.Com is becoming a CFA which is a globally recognised professional degree offered by the CFA Institute. CFA has 3 levels, CFA Level 1, CFA Level 2, and CFA Level 3. After becoming a CFA, professionals can work in banks, finance companies, mutual funds, auditing firms, legal houses, portfolio management companies, stock broking companies, attorneys, copyright registers, investment firms, patent firms, trade mark companies etc. | It takes around 1.5 to 4 years to complete the three-level professional CFA certification course. After completing all the levels, an individual will be considered a CFA. | The starting salary of a CFA in India is INR 6 LPA to INR 8 LPA. |
Tax Consultants | Tax Consultants help businesses or individuals choose the best possible way to pay their taxes. It can be a promising career choice for individuals who have good financing skills. The consultants can find differences between the income and deductions of taxpayers. These consultants examine business proposals and decide whether they may be profitable enough to pay personal or company taxes. | After completing B.Com, graduates can pursue specialised certification courses such as Corporate Tax Planning, Taxes and Decision Making, etc and do internships or they can do an MBA in a relevant subject. | The average salary for a Tax Consultant is INR 6 LPA in India. |
Retail Store Manager | BCom graduates can work as Retail Store Managers where they have to maintain inventory by executing purchasing plans and staying in contact with vendors and shippers. They make sure to manage the pricing, inventory and quality of the products sold in a retail store. The managers also have to handle the department's floor staff if they are up to date on all new products and changes to the store's prices. | After completing B Com, candidates can work as Retail Store Managers or they can enhance their opportunities by applying for CAT, MAT or XAT and do management courses. | They can expect an average salary of INR 4 LPA to 7 LPA. |
Account Executive | One of the best career options after B.Com is becoming an Account Executive. They have to find new clients and sustain ongoing business relationships with existing ones by implementing successful promotional activities and strategies. The executives will have to meet the demands of the clients, negotiate contracts, work with or manage a team to entice prospective clients and bring company revenue. | Completed B.Com in business or relevant field, or have an MBA or M.Com degree and have at least 2 years of work experience. | The average salary of an Account Executive will be INR 5.5 LPA. |
Business Accountants | As Business Accountants, professionals have to manage all transactions of an accounting firm, prepare budget forecasts, organise tax returns, improve profitability and lowering costs and manage balance sheets. Having relevant experience will help individuals work with top accounting firms. | Complete the B.Com course first and can also study M.Com or MBA. | The average salary of a fresher Business Accountant is INR 8 LPA. |
Human Resource Manager | A Human Resource Manager is a professional who manages the hiring and training of employees in an organisation. They also handle employee benefits and employment contracts for their company. HRs need to manage compensation, benefits, recognition, training, performance management and employee relations in a manner that retains employees long-term and builds the employer brand. | Get your B.Com degree and then apply for the MBA HR programme. | The starting salary of an HR will be around INR 5 LPA to 7 LPA. |
The job of an Investment Banker is considered one of the best career options after B.Com as professionals deal with developing financial models, performing financial analysis and advising clients on different investment options. | Get your B.Com degree in Finance or accounting and enhance your job chances by doing a Master’s degree in Finance or MBA. | The starting salary is INR 6 LPA to INR 7 LPA. | |
Teacher or Professor | B.Com graduates can work as Commerce teachers or professors at schools and colleges after higher education. | To become a teacher, candidates must pursue a B.Ed course. Complete your B.Com degree, then M.Com and either appear for a competitive exam such as NET, GATE or SET or do a PhD to become a professor. | The teachers can expect a starting salary of INR 4 LPA and professors can expect INR 7 LPA. |
Other Best Career Options after B.Com
B.Com graduates get a wide variety of job opportunities after completing their degree. They either enter the market right after graduation or can do higher studies such as M.Com or MBA or can appear for government competitive exams such as banking exams, SSC, UPSC, etc. Check out some of more best career options after B.Com in the table below:
Courses After B.Com | About | Eligibility | Average Salary |
|---|---|---|---|
Bank Manager | B.Com graduates can become bank managers after passing a competitive exam. They have to manage operational functions and find solutions to operational issues. Managers are responsible for various tasks of credit unions, bank branches or similar financial institutions. | Minimum graduation and qualifying SBI PO or IBPS PO entrance or RRB PO exams. | INR 7 LPA to INR 8 LPA minimum |
Business Analysis | Getting a professional degree after B.Com will improve job opportunities. Business Analysis is a trending course now and the opportunities are also great. One of the best career options after B.Com will be the Business Analyst role. | BCom/ BCom (Hons) students are given preferences along with those having relevant certification courses. | INR 5.5 LPA to INR 8 LPA. |
Digital Marketing | To become a Digital Marketer, you have to complete your UG degree in any stream. MNCs are always on the lookout for candidates with a background in commerce and certification in Digital Marketing due to the rise in Digital Marketing Platforms. | Graduation degree along with digital marketing courses | INR 4.5 LPA to INR 10 LPA |
UPSC or SSC | With a BCom degree in hand, you can become an IAS Officer/ IPS Officer or an IFS Officer by appearing for exams like the UPSC Civil Services Exam, UPSC CDS Exam, and SSC CGL Exam which are considered the best career options after B.Com. | Graduation Degree | INR 4.5 LPA to INR 13 LPA |
Competitive Exams after B.Com
The best career options after BCom are not limited to private jobs only, there are various competitive exams that BCom graduates can also apply for. These government jobs offer good pay packages and have various perks and benefits. The syllabus of these competitive exams is completely based on Class 10, 11 and 12 subjects. Find below the popular competitive exams that are suitable for B.Com graduates:
- RBI Grade B Officer
Many BCom graduates prefer to appear for the entrance exam for the post of RBI Grade B Officer. The basic salary received by an RBI Grade B officer is INR 35,150 per month and the average salary can be over INR 68,000 per month.
- SBI PO
Another popular banking exam that B Com candidates choose to appear for is the SBI PO examination. The SBI PO exam is conducted in three stages, Preliminary, Mains and the GD or PI. The basic salary of an SBI PO is INR 27,620 per month.
- SBI Clerk
The post of an SBI Clerk (Junior Associate) is quite popular among students who have completed their graduation in B.Com. The exam is conducted in four stages: Prelim, Mains, Group Discussion, and Personal Interview.
- IBPS Clerk
Most banking exams are preferred by B.Com graduates as these are reputable jobs with good salaries. The exam for IBPS Clerk is conducted across the nation to recruit candidates for clerical positions at IBPS. The exam is conducted in two stages: the Preliminary exam and the Main Exam. The basic salary of an IBPS Clerk varies from INR 11,765 per month to INR 31,540 per month.
- IBPS PO
The IBPS conducts a national-level examination for the post of Probationary Officers (POs). The basic pay of an IBPS PO is INR 23,700 per month and gross pay is INR 36,570 per month.
- LIC AAO
The LIC AAO examination is conducted by the Life Insurance Corporation of India for the recruitment of Assistant Administrative Officers (AAO). The new officers have to undergo a training period of 6 months.
- SSC CGL
The SSC CGL (Combined Graduate Level) exam is conducted by the Staff Selection Commission. B.Com graduates can also apply for an Assistant Audit Officer, Statistical Investigator Grade-II, or Compiler (having studied Economics/ Mathematics/ Statistics in graduation).
- RRB NTPC
There are various posts in the railway department and the RRB NTPC is conducted to select candidates for various posts such as Junior Clerk cum Typist, Junior Account Assistant cum Typist, Senior Clerk cum Typist, Senior Time Keeper, Commercial Apprentice and Station Master in various Zonal Railways.
- UPSC CSE
UPSC CSE (Civil Sevices Examination) is a national-level competitive examination that is conducted by the UPSC for the recruitment of IAS (Indian Administrative Service), IFS (Indian Foreign Service), and IPS (Indian Police Service) officers.
Salary Structure after B.Com
You have understood the best career options after B.Com by now, but knowing the salary structure of those jobs is also important. Once you are aware of the average salary structure, you can understand your scope after BCom. The average salary of those who have completed their BCom are provided below:
Jobs After BCom | Average Salary |
|---|---|
Financial Risk Manager | INR 10 LPA to INR 18 LPA |
Business Analyst | INR 3.5 LPA to INR 5.5 LPA |
Digital Marketer | INR 4.5 LPA to INR 10 LPA |
Public Sector Banker | INR 5 LPA to INR 12 LPA |
Accountant | INR 3.5 LPA to INR 18 LPA |
Recruiters after B.Com
The commerce students who are looking for the best career options after B.Com need to have an idea of the recruiters that hire them. We have provided here the names of the top recruiters:
Jobs After BCom | Top Recruiters |
|---|---|
Financial Risk Manager | Deutsche Bank, Deloitte, RBS, HSBC, Citigroup |
Business Analyst | EY, KPMG, Deloitte, PWC |
Digital Marketer | Deloitte, Accenture, Oracle, Gartner |
Public Sector Banker | SBI, IBPS, PNB, RBI |
Accountant | Banks, Corporate Sector Companies, etc |
Best Courses after B.Com
Numerous courses are offered to students after they have completed their B.Com degree. Commerce students who are wondering what will be the best career options after B.Com can take up one of these courses that will help them get a job once they graduate. We have provided here the list of the best courses that can be done after completing the BCom degree:
Name of the Courses | About | Duration | Eligibility |
|---|---|---|---|
MBA course (Master of Business Administration) | Candidates will learn to manage all the aspects of a business based on the specialisation they choose during the MBA course. | 2 Years | Graduation with a valid score in CAT/ XAT/ MAT/ CMAT or any other relevant test score. |
M.Com course (Masters of Commerce) | If you want to start your career as a Market Researcher/ Economist/ Lecturer/ Analyst then study M.Com. | 2 years | A B.Com degree is a must |
CA course (Chartered Accountancy) | The best career option after B.Com is CA. Interested candidates can choose to do CA right after completing 10+2. CA has three stages, namely CPT, IPCC, and CA Finals. Clearing all three stages along with an internship of 2.5 years makes you a certified Chartered Accountant. | 3 years to 5 years | Students should get at least 50% aggregate marks in their Class 12 for the Foundation exam. |
CS course (Company Secretary) | The CS course involves the study of law in the corporate field. It is a three-year-long course which involves three stages- Foundation, Executive, and Professional | 3 years | Graduation or Class 12th degree |
CFA course (Chartered Financial Analyst) | The CFA course comprises three levels and is offered by CFA Institute in America. It is considered the highest standard and one can become a financial analyst, a statistician, or a market research analyst after doing this course. | 2.5 Years | Graduation/ Final Year of Graduation |
CMA course (Certified Management Accountant) | CMA is an international certification course. To become a CMA, a student has to clear two examinations. CMA prepares individuals in the field of financial planning, analysis, decision support, control, and professional planning. | 6 Months | Graduation + 2 years of work experience |
BAT course (Business Accounting and Taxation) | Among the best career options after B.Com, Business Accounting and Taxation (BAT) is trending. The course is prepared in a way so that candidates get a practical understanding of accounting, taxation, reporting, and other skills that are mandated for accounting firms (Big 4s), KPO, and other finance and accounting sector jobs. | 8 weeks to 12 weeks | BCom degree and above |
B.Ed course (Bachelor of Education) | A B.Ed course is quite trending these days. BCom graduates can become teachers after completing a B.Ed. | 2 years | Graduation Degree |
ACCA course (Association of Chartered Certified Accountants) | The ACCA certification course is one of the finest accountancy certifications for individuals aspiring to become financial professionals. The ACCA stands for the Association of Chartered Certified Accountants. | 3 years on average | BCom with at least three years of experience |
CIB course (Certificate in Investment Banking) | The CIB certificate course evaluates all banking, finance, and other monetary sectors of banking and investment professionals. After completing the CIB course, a candidate can pursue a career in investment banking, private wealth management, equity research, private equity, asset management, corporate finance, strategy, and government departments. | 6 months - 1 year | A BCom degree is required |
CPA course (Certified Public Accounting) | It is one of the most suitable courses after B.Com and is provided by the AICPA - American Institute of Certified Public Accountants. | 18 months | A BCom degree is a minimum requirement. Deep knowledge of GAAP - Generally Accepted Accounting Principles, a solid understanding of Accounting. |
CFP course (Certified Financial Planner) | To pursue the CFP course, individuals have to meet the Financial Planning Standards Board (FPSB) requirements. The CFP credential is worldwide acknowledged as the gold standard in financial planning education, training, and practice ethics. | 6 months | A B.Com degree is the most nominal requirement. |
Also Read:BBA Vs BCom - Which is a Better Option After Class 12?
Top B.Com Colleges in India
Those looking for the best career options after B.Com need to complete their course from a renowned college. Some of the top colleges that offer BCom along with their fees and other information are listed below:
Top Commerce Colleges/ Universities | Course Fee |
|---|---|
Lady Shri Ram College for Women | INR 50,000 - INR 57,000 |
Shri Ram College of Commerce | INR 86,000 - INR 89,000 |
Jesus and Mary College | INR 65,000 - INR 66,000 |
Hindu College | INR 50,000 - INR 54,000 |
Hansraj College | INR 68,000 - INR 70,000 |
Parul University, Vadodara | INR 75,000 - INR 2.25 LPA |
St. Xavier’s College, Kolkata | INR 4,00,000 - INR 4,50,000 |
INR 10,000 - INR 15,000 | |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | INR 6,00,000 - INR 6,50,000 |
Lovely Professional University (LPU), Jalandhar | INR 30,000 - INR 4 LPA |
INR 50,000 - INR 5.24 LPA | |
INR 95,000 - INR 4 LPA | |
INR 70,000 - INR 84,000 |
Also Read:BCom in Government Colleges vs Private Colleges
To know more about the best career options after B.Com, candidates can fill out our Common Application Form, our experts will guide you and clear all your doubts.
Stay tuned to CollegeDekho for more updates and current information.
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