Career Opportunities For BCom Students

A BCom degree is popular amongst students and can land you so many career opportunities after graduation, but it is not really enough. Sooner or later you will need to apply for a master’s degree to face the competition. Some of you will prefer taking up job opportunities immediately after B.Com or B Com (Hons.) to gain job experience, while other BCom graduates will seek an MBA or other relevant degree before looking for jobs to avoid an academic gap. The point is there are many job and career opportunities available for B.com graduates and graduating students, who are ready to take on jobs immediately after graduation.

The most important question is the career opportunities available for students in the B.Com field. Regardless of whether you are in the last year of your B.Com degree or have completed your degree, we have listed the career and job opportunities for B.Com that will help you make an informed decision and choose the right career path in line with your insight and your interest.

What are the most common career opportunities for BCom students?

Here we describe the most common career paths for B.Com (Bachelor of Commerce) graduates who have left college and highlight the skills required to be a good candidate for this path. The most common BCom career opportunities fall into the following categories:

What are the Bcom finance career opportunities for students?

The financial field is also very popular with B.Com students and offers a wide range of career opportunities. Opportunities are divided into two main categories: financial services firms and corporations.

Most public and private companies have a finance department that includes functions such as reporting, investor relations, business development, treasury, and FP&A,
The financial services companies that offer BCom jobs carry out activities such as investment banking, loans, insurance, trading, wealth management, research, etc.

Getting a job in finance is very competitive, with a ratio of candidates to available positions, often between 10 : 1 and 100 : 1.

What are the B.Com marketing career opportunities for students?

Marketing can be an exciting career in B Com job opportunities for students. It is strongly income-oriented and stimulates the growth of a company.

Most companies have a sophisticated strategy and process for marketing their products or services.
The two most common ways to get into the industry are working in a company or an advertising agency. Marketing is less about numbers than accounting or finance, but is increasingly driven by data with digital marketing strategies and the advent of Google Analytics.

Marketing is a great, often overlooked way to access finance, accounting, and other sectors. Investment banks and auditing companies place greater emphasis on digital communication and stakeholder engagement.

What are the human resources (HR) B Com career opportunities for students?

HR, also known at universities as organizational behavior and human resources (OBHR), offers a variety of career opportunities in BCom jobs. Even in jobs like finance and accounting, HR can be a great way to get into the industry if you’re more of a human person than a digital person.

The most common areas where people enter in the HR field are industrial relations and human resources management. Human resources can be a great way to get a seat at the executive table in almost any industry, and sometimes they are less competitive than finance or accounting.

Jobs for B.Com Graduates in Top Sectors

After completing B.com, there are many job opportunities in the public and private sectors for students in this field. The best job opportunities for BCom graduates are listed below.

Accounting and Auditing
Tax Advisory Services
Financial Services
Commercial Banking
International Banking
Insurance Services
Telecommunication Services and BPO’s
Manufacturing Services
Government Services

Other sectors are the automotive, media, hospitality, and information technology sectors.

A B com graduate can get a job with a good base salary in the range of Rs 10,000 to Rs 25,000 per month in one of the above employment areas. Indeed, it is an economics-based degree, which is why industry associations prefer to identify job opportunities for B.com graduates or graduating students in various positions such as accountants, sales representatives or officers, marketing managers. Sales agents, purchase officer, inventory managers, commercial manager, market executive, etc.

#1 Accounting and Auditing

This is one of the most suitable and preferred section job opportunities for B.com (Freshers) graduates, or students who are about to graduate. Applicants can work at different levels, e.g., as a Junior Accountant, Account Executive, Account Manager, and Senior Accountant. As a business student and with a thorough understanding of accounting systems, these B.com graduates can work very effectively in this area.

Everything should be done here, from the transmission of journal entries to the completion of the annual financial statements. The account manager must also review the organization’s internal accounting policies and internal control process and, as the organization’s internal auditor, can perform routine audits that also help the statutory auditors complete their audit.

Taxes, cost audits, legal audits, etc. The organization’s accounting department is also responsible for maintaining the organization’s accounting and other records. Large companies such as Infosys, Tata Wipro, and Reliance are always looking for qualified BCom graduate students for their organizations in the opportunities listed above.

#2 Tax Advisory Services

After completing B.com and gaining advanced knowledge of direct and indirect taxes, jobs for B.com graduates (freshers) can start at their tax advisory firms that assist different types of taxpayers in calculating and advising on paying their various statutory taxes and wealth monthly, quarterly, semi-annually or yearly legal declarations with various government agencies such as the income tax department, the GST department, the tax, customs department, the business tax department the ROC department, etc. It is one of the greatest opportunities for B.com graduates or students to choose a career that offer more personalized tax services in society and earn attractive money.

The need for tax advice for these small businesses increases in India after the introduction of the GST, which requires the timely payment of GST taxes and the filing of tax returns.

#3 Financial Services

Finance is a central part of the flow of trade, so Jobs and career opportunities for B Com graduates or soon-to-graduate students are said to have a head start in the industry, where they can be appointed to certain private finance companies such as Mahendra Finance, DHFL, India, strives, Shriram Finance, Bajaj Finance, to sell the company’s various financial products and manage its customers daily.

B Com graduate jobs and career opportunities may include CFO, sales, area manager, customer service, executive, CFO, team leader, and other positions based on the applicant’s experience.

#4 Commercial Banking

In search of a concept like Digital India, the need for effective banking channels in the country is increasing. As a result, the need for B.com graduates to take up jobs in the commercial banking sector is improving day by day.

Banks such as the private, public, programmed, and cooperative banks need more B.com graduates to improve their service areas in all branches in different cities. They employ such graduates in various profiles such as cashiers, accountants, test agents, employees, journalists, compliance managers, relationships and customer service managers, etc.

Jobs in the banking sector are in high demand and some large banks such as HDFC, ICICI, IDBI, Axis, SBI, etc. They offer B.com graduates employment opportunities by passing the required aptitude test from the respective banks who are offering the jobs.

#5 International Banking

With the development of international banking services jobs in India and other countries of the world, the demand for B.com graduates in the country is increasing.

A major support investment bank like JP Morgan & Co, custodians like the Bank of New York & Mello, and third-party providers like Syntel & Co. hire BCom graduates and graduating students job and career opportunities that’d see them manage their contribution-level tasks, primarily in the U.S. Employee Profile, Junior Analyst, research analyst, relationship manager, invoice manager and many more.

These banks are looking for more competent and intelligent graduates with good communication and other skills. This is a very dynamic career area that you need to explore and you pay your employees higher wages compared to others.

#6 Insurance Services

It is one of the most traditional financial services industries that employ B.com graduates and graduating students in jobs and career opportunities such as insurance agents, account managers, product development agents, and many others.

The government is taking sustainable initiatives to promote the importance of insurance in society and also provides tax exemptions for various insurance products. Insurance companies will train these B Com graduates to promote and sell their standard insurance products such as health insurance, auto insurance, health insurance, and more. LIC is the oldest government company offering insurance services in India to some other countries of the world.

#7 Telecommunication Services and BPO’s

Communication is a necessity for the generation and given the competition between telecommunications companies, all companies are focused on offering their customers more personalized and more profitable services.

To provide better customer service to people in a country like India, these companies form a strong customer service team that continues to exist. Many BCom graduates and graduating students have found great career opportunities in companies such as customer service managers, team leaders, area managers, development managers, and many others. Companies like Idea, Reliance Jio, and Airtel are the main players in this sector.

#8 Manufacturing Services

The manufacture of a product requires a lot of financial and human capital, like the steel or seed producer. They need smart graduates like B Com to effectively manage their business.

Upon completing BCom, students can be appointed to take up career opportunities like deputy manager, Store Keeper, manager, supervisor, purchasing and sales manager, department manager, inventory manager, and many other positions. Manufacturing companies such as Tata Motors, Mahindra, Mahindra JSW Steel, etc. often hire BCom graduates or graduating students for career opportunities in different areas

#9 Government Services

Both the state government and the central government have great jobs and opportunities for the BCom graduating students who are sustainable in nature. Various departments such as Revenue, Rail, Defense, PWD, Forest, Research, Health regularly provide graduates from B Com for the Jobs of probation officers, secretaries, clerks, department heads, and other contributions. Applicants must pass certain exams and proficiency tests.

#10 Other career opportunities for BCom graduates or graduating students

Jobs for graduates from B Com have proven to be excellent in management and offer many vacancies in automotive companies such as Maruti Suzuki, Bajaj Auto.

Hospitality companies such as Trident, media companies such as NDTV India, information technology companies such as TCS, Infosys, Wipro, and educational companies such as Poddar Education Trust, real estate companies like DLF and Reliance Infrastructures manage the larger business operations of these large companies. There are many other areas where B.Com graduates are hired.

What are the best things to do after BCom?

Getting a job after BCom or going straight into the workforce is OK, but there are a lot of other things you can get into, that will be of great addition and leap to your career in the nearest future. Below are a few of those things.

Get work experience at a bank

This option should come at the top of your list. Banks are one of the largest employers in the financial services industry and are happy to hire and offer first-experience career opportunities to students who have just graduated from BCom.
The best bank career options for someone with a B.Com are:

Investment banking
Equity research
Sales and trading
Commercial banking
Retail banking

Get work experience at an accounting firm

I still wonder what I can do after B.Com? Working in a large accounting firm is a good start. Large accounting firms hire many college graduates each year, and their training programs can bring you more knowledge, skills, and great work experience.

The best jobs and career opportunities in accounting firms for BCom graduates are:

Transaction advisory
Due diligence
Valuations

Get work experience at a corporation

Operating companies such as Google, Facebook, Tesla, Amazon, Salesforce, etc. Careers in business can be an excellent training place for a Bachelor of Commerce graduate, as they offer a wide range of professional experience.
Job opportunities for bcom graduates may not be forth oming but you can take up roles for a B.Com graduate in such corporations are:

Financial planning & analysis FP&A
Treasury management
Investor relations
Corporate development

Get the FMVA designation

If you don’t get a job right after school (or even if you do) in any of the three options above, you may consider studying for FMVA. This term focuses primarily on financial modeling and valuation as well as other practical applications.
It can be so difficult that some B Com graduates prefer to focus on full-time study and after completing their bachelor’s degrees that take up jobs.
Career paths for the FMVA designation include:

FP&A Analyst
Research Analyst
Investment Banking Analyst

Go back to school for your MBA

I still wonder what I can do after B.com, if that’s you talking after this list of the job opportunities for bcom graduates, then I suggest you acquire a Master of Business Administration (MBA), you can differentiate yourself in a crowded job market and gain the respect of your colleagues. Another alternative plan, if you don’t get a job in the first three options then pursue a graduate degree.

Earn an online certification in financial modeling

Given the massive shift in trends from traditional education to online education and dynamic learning solutions, you should seriously consider getting online certification for financial models.
Most elite corporate finance jobs require financial modeling skills, but most B.Com programs do not.
If you want to stand out, online CFI courses can be a great way to master this skill.
The main tasks that financial models require are:

Private Equity
Investment Banking
Equity Research
Corporate Development
financial modeling certification

Get an accounting designation (CPA or CA)

We have already listed the accounting firms, but it was for positions that don’t necessarily have to become an accountant (these positions can be filled by finance professionals).
When you’re ready to start in an accounting firm’s auditing group, you can get your CPA or CA name (depending on the country you’re in) and become a full accountant or switch to other business areas.

If you become a CPA, you will receive the gold standard for accounting skills and can significantly improve your employability. Banks, companies, and institutions like to hire specialists for designations in accounting.

Change career paths

When you asked what I can do after B.Com or job opportunities for BCom graduates? You probably didn’t expect to hear “career change” as an option, but the reality is that sometimes this is the best option.

B.Com offered you excellent training and access to finance. Now you can complement this with another skill like coding, engineering, or entrepreneurship and move to an area that is best for you.
Making changes after you’ve invested so much time, effort, and money into a Bachelor of Commerce can be difficult, but you should be open-minded.

Use your university alumni network

if our job opportunities for BCom graduates suggestions have not yet answered your question about what you can do after B.Com and other BCom career opportunities for students. Try the Alumni network. One of the greatest advantages of a B.Com program is the alumni network.

The best way to get the most out of your student network is to speak to the Career Center and request presentations from students who work in the same area that interests you..

Offer to do a research project or unpaid internship

If you’re still wondering what your best career path is with all of the above options, you can try offering a research project or a free internship in a company you really want to work for.
This strategy works particularly well for companies (not so well for banks and accounting firms) because they can be more flexible and entrepreneurial.

This “walk in the door” strategy could be all you need to start your career in a company. The main departments of a B.Com to test this are:

Accounting
Finance
Financial planning & analysis

Conclusion about what you can do after a B.Com

I hope these ideas have given you useful insights about the available career opportunities, and ultimately answered the question “What can I do after B.Com?” If you follow this guide and our many other career and job information, you should be in good shape

Jobs and Career Opportunities For BCom Graduates and Graduating Students Frequently Asked Questions and Answers

Here are a few frequently asked questions about the topic we have discussed in the article.; take a look at them and learn more.

Which job is best for BCom students?

Job opportunities for BCom graduates include:

Accounting and Auditing
Tax Advisory Services
Financial Services
Commercial Banking
International Banking
Insurance Services
Telecommunication Services and BPO’s
Manufacturing Services
Government Services

What are the job opportunities after BCom?

Chartered Accountancy (CA)
Company Secretary (CS)
Master of Commerce (M.Com)
Chartered Financial Analyst (CFA)
Business Accounting and Taxation (BAT)
Certified Management Accountant (CMA)
US Certified Public Accounting (CPA)
Financial Risk Manager (FRM)

What is the salary after BCom?

A B com graduate can get a job with a good base salary in the range of Rs 10,000 to Rs 25,000 per month in one of the above employment areas.

Indeed, it is an economics-based degree, which is why industry associations prefer to identify job opportunities for B.com graduates or graduating students in various positions such as accountants, sales representatives or officers, and marketing managers. Sales agents, purchase officers, inventory managers, commercial managers, market executives, etc

Is BCom good for the future?

Like any other course, BCom is the one that many courses students choose. The course is good for the future if you would like to gain more insight into the finance area.

This opens up various options for you in different places, as there are many career opportunities for b.com students.

This way you can shape your future as soon as you are done with BCom.