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B.com Scope Careers

January 4, 2024 - 6:08
B.com Scope Careers

Bachelor of Commerce (BCom) is a three year undergraduate degree program. This program gives students a complete expertise of diverse components associated with trade and enterprise. Amrita Ahead is a platform for youth to build a focused career .It is specially designed for students to nurture professional skills and knowledge in the areas of accounting, finance and business management.

Career prospects after B.com in 2024

Here we can observe career potentials for people with a Bachelor of Commerce (B.Com) degree.It’s critical to live updated with industry traits, networking, and probable pursuing additional certifications or advanced levels to enhance your profession possibilities. Additionally, gaining practical revel in through internships or entry-degree position

Accounting and Finance:

Accountant

Auditor

Financial Analyst

Tax Consultant

Banking and Financial Services:

Bank Officer

Investment Banking Analyst

Financial Planner

Credit Analyst

Management and Consulting:

Management Trainee

Business Analyst

Management Consultant

Human Resources Specialist

Marketing and Sales:

Marketing Coordinator

Sales Representative

Market Research Analyst

Advertising Executive

Entrepreneurship:

Start your very own commercial enterprise or mission

Small enterprise owner

Entrepreneurial roles in various sectors

Government and Public Services:

Civil Services (after qualifying applicable checks)

Tax Officer

Government Accountant

Information Technology (IT):

IT Consultant

Business Analyst in IT

ERP Consultant

Supply Chain and Logistics:

Supply Chain Analyst

Logistics Coordinator

Procurement Officer

Insurance and Risk Management:

Insurance Agent

Risk Analyst

Underwriter

International Business:

Export-Import Coordinator

International Marketing Executive

Global Business Analyst

Teaching and Education:

School Teacher (after finishing applicable coaching qualifications)

Private Tutor

Educational Consultant

Professional Certifications:

Chartered Accountant (CA)

Certified Management Accountant (CMA)

Certified Public Accountant (CPA)

Chartered Financial Analyst (CFA)

It’s critical to live updated with industry traits, networking, and probable pursuing additional certifications or advanced levels to enhance your profession possibilities. Additionally, gaining practical revel in through internships or entry-degree position

Top Jobs after Bcom : Salary and Job Description

Accountant:

Salary Range: ₹2,00,000 to ₹6,00,000 consistent with year

Job Description: The Accountants are responsible for handling monetary statistics, making ready financial statements, and ensuring compliance with accounting ideas and regulations.

Financial Analyst:

Salary Range: ₹3,00,000 to ₹eight,00,000 in line with 12 months

Job Description: The Financial analysts examine economic records, put together reviews, and offer insights and guidelines to help companies make knowledgeable funding and financial choices.

Tax Consultant:

Salary Range: ₹2,50,000 to ₹7,00,000 in step with yr

Job Description: Tax specialists offer recommendations on tax making plans, prepare tax returns, and make sure compliance with tax legal guidelines to optimise the monetary role of individuals or corporations.

Auditor:

Salary Range: ₹2,50,000 to ₹6,00,000 in line with 12 months

Job Description: The Auditors examine and compare economic information, ensuring accuracy and compliance. They play an essential role in identifying areas for improvement in inner controls.

Banking Officer:

Salary Range: ₹three,00,000 to ₹7,00,000 according to yr

Job Description: The Banking officers handle various banking transactions, assist customers with economic services, and sell banking products.

Marketing Executive:

Salary Range: ₹2,50,000 to ₹6,00,000 in line with year

Job Description: Marketing executives develop and put into effect advertising and marketing strategies, conduct market research, and promote services or products to goal audiences.

Human Resources (HR) Executive:

Salary Range: ₹2,50,000 to ₹6,00,000 per year

Job Description: The HR executives manage diverse aspects of human resources, which includes recruitment, worker family members, overall performance management, and coverage implementation.

Sales Representative:

Salary Range: ₹2,50,000 to ₹7,00,000 per 12 months (fee-based totally roles might also have better incomes potential)

Job Description: The Sales representatives sell services or products, build relationships with clients, and meet sales goals through effective verbal exchange and negotiation.

Supply Chain Analyst:

Salary Range: ₹3,00,000 to ₹6,00,000 in step with year

Job Description:The  Supply chain analysts analyse and optimise delivery chain techniques, ensuring green logistics, stock management, and price-effectiveness.

Management Trainee:

Salary Range: ₹three,00,000 to ₹6,00,000 per 12 months

Job Description: Management trainees undergo rotational education in numerous departments to broaden a complete knowledge of organisational operations and management practices.

Government jobs after Bcom

After finishing a Bachelor of Commerce (B.Com) degree in India, there are several government opportunities  across various sectors. Here are a few common  government job options for B.Com graduates:

Bank Probationary Officer (PO):

Banks like State Bank of India (SBI), Reserve Bank of India (RBI), and others conduct tests for recruiting Probationary Officers.

Bank Clerk:

Many public quarter banks regularly recruit clerks through competitive checks for numerous administrative level  roles.

Staff Selection Commission (SSC) Exams:

SSC conducts exams like Combined Graduate Level (CGL), Combined Higher Secondary Level (CHSL), and others for diverse crucial government positions.

Union Public Service Commission (UPSC) Exams:

UPSC conducts civil services checks, such as the Indian Revenue Service (IRS), which includes taxation-related roles.

State Public Service Commission Exams:

Each nation has its own Public Service Commission that conducts assessments for various administrative positions.

Insurance Exams:

Government-owned coverage organisations like LIC and NICL behaviour checks for administrative officers and assistants.

Railway Recruitment Board (RRB) Exams:

RRB conducts exams for various positions within the Indian Railways, along with industrial apprentice and visitor apprentice.

Income Tax Officer:

The Staff Selection Commission (SSC) and UPSC exams can cause positions like Income Tax Officer.

Customs Officer:

The Customs Department recruits officials through exams carried out by the Staff Selection Commission (SSC).

Accountant in Government Departments:

Various authorities departments on the central and country tiers regularly recruit accountants.

Public Sector Undertakings (PSUs):

PSUs like Oil and Natural Gas Corporation (ONGC), Bharat Heavy Electricals Limited (BHEL), and others now and again recruit trade graduates for administrative roles.

Defence Services:

Joining the Indian Army, Navy, or Air Force via tests like the Combined Defense Services (CDS) examination.

Central Board of Direct Taxes (CBDT) and Central Board of Excise and Customs (CBEC):

Positions consisting of Tax Assistant and Excise Inspector may be received thru tests conducted through the Staff Selection Commission (SSC).

State Government Jobs:

Various nation authorities departments recruit trade graduates for roles which include accountants, clerks, and tax officials.

It’s crucial to live up to date with the latest notifications for authorities assessments, put together nicely for the relevant assessments, and satisfy the eligibility criteria for the desired positions. Additionally, a few positions can also require additional qualifications or certifications, so it’s really useful to check the unique necessities for every job.

Higher education options after B.com

After finishing a Bachelor of Commerce (B.Com) degree, there are several better education options that people can consider to beautify their information, abilities, and professional potential. Here are some not unusual better education paths:

Master of Commerce (M.Com):

Pursuing a master’s diploma in commerce permits for deeper specialisation in areas along with finance, accounting, advertising, and management.

Master of Business Administration (MBA):

An MBA is a popular preference for those searching for broader business knowledge and leadership capabilities. Specialisations can consist of finance, marketing, human sources, and extra.

Chartered Accountancy (CA):

Becoming a Chartered Accountant involves completing the CA software provided by using the Institute of Chartered Accountants of India (ICAI). It’s a prestigious qualification for the ones interested in accounting, audit, and finance.

Company Secretary (CS):

The Company Secretary path, supplied by the Institute of Company Secretaries of India (ICSI), prepares people for roles in corporate governance, compliance, and prison subjects.

Cost and Management Accountancy (CMA):

The Cost and Management Accountancy path, presented by way of the Institute of Cost Accountants of India (ICAI), focuses on value accounting and management accounting.

Certified Public Accountant (CPA):

Pursuing CPA, an international accounting qualification, may be useful for those interested by running globally. It’s identified in many countries, including the United States.

Certified Management Accountant (CMA):

CMA is a globally recognized certification for management accountants, and it focuses on economic making plans, analysis, control, and selection assist.

Master of Financial Management (MFM):

This program is suitable for those inquisitive about specialised financial roles and gives in-intensity knowledge in financial making plans and management.

Master of Business Analytics (MBA):

With the growing significance of information analytics in commercial enterprise, an MBA in Business Analytics presents capabilities in records analysis and decision-making.

Post Graduate Diploma in Banking and Finance (PGDBF):

For the ones interested in a career in banking, PGDBF programs provided via various institutes offer specialised education.

Master of Human Resource Management (MHRM):

MHRM applications awareness on developing competencies in human aid control, organisational behaviour, and worker relations.

Law (LLB):

Pursuing a Bachelor of Laws (LLB) can open up possibilities in corporate law, tax law, and other felony areas.

Master of Economics (M.Econ):

This is suitable for the ones inquisitive about economics and its packages in business and coverage.

Certification Courses and Diplomas:

Consider brief-term certification guides or diplomas in particular regions like digital advertising and marketing, mission management, or facts technological know-how to gather specialised talents.

Before selecting a particular better schooling alternative, it is crucial to assess private pastimes, career desires, and the specific abilities required within the chosen discipline. Researching respectable establishments and thinking about the sensible aspec

Top industries that hire commerce graduates

Commerce graduates are in demand across various industries, and many reputable firms hire individuals with a background in commerce. Here are some top industries along with examples of firms within each sector:

Banking and Financial Services:

State Bank of India (SBI)

HDFC Bank

ICICI Bank

Citibank

Accounting and Auditing Firms:

Deloitte

PricewaterhouseCoopers (PwC)

Ernst & Young (EY)

KPMG

Corporate Sector:

Reliance Industries

Tata Group

Infosys

Aditya Birla Group Insurance:

Life Insurance Corporation of India (LIC)

ICICI Lombard

HDFC ERGO

New India Assurance Company

Retail:

Reliance Retail

Future Group

Aditya Birla Retail

Titan Company

Information Technology (IT) Services:

Tata Consultancy Services (TCS)

Infosys

Wipro

HCL Technologies Consulting:

McKinsey & Company

Boston Consulting Group (BCG)

Bain & Company

Accenture

Government Sector:

Various government departments such as the Ministry of Finance, Ministry of Corporate Affairs, and Central Board of Direct Taxes.

Manufacturing and Production:

Tata Steel

Hindustan Unilever Limited (HUL)

Maruti Suzuki

BHEL (Bharat Heavy Electricals Limited)

Education and Research:

Universities and educational institutions such as the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), and others.

Healthcare:

Apollo Hospitals

Fortis Healthcare

Max Healthcare

Dr. Reddy’s Laboratories

Telecommunications:

Bharti Airtel

Reliance Jio

Vodafone Idea

BSNL (Bharat Sanchar Nigam Limited)

Real Estate and Construction:

DLF Limited

Godrej Properties

Larsen & Toubro (L&T)

Sobha Limited

Hospitality and Tourism:

Taj Hotels

Marriott International

MakeMyTrip

InterContinental Hotels Group

E-commerce and Technology Startups:

Amazon India

Flipkart

Paytm

Zomato

These examples represent just a few firms in each industry. The job opportunities for commerce graduates are diverse, and the specific firms that hire can vary based on location, job role, and other factors. It’s advisable to explore opportunities with both large corporations and emerging startups to find a good fit for one’s career goals.

Is it good to choose online B.com?

The Amrita AHEAD Online B.Com program offers flexibility that caters to those seeking a schooling without the constraints of conventional on-campus applications.

The online nature of this system removes commuting and relocation prices, making pursuing higher education  financially viable. This affordability broadens access to education for a numerous variety of individuals across nations ,worldwide.

Choose Online Amrita Ahead 

Choosing the Amrita AHEAD Online application is a prudent selection for those looking for a flexible and technologically advanced academic experience. With a focus on accessibility, this system permits college students to tailor their schedules, making it suitable for individuals with numerous commitments. The integration of current technology, consisting of multimedia resources and digital discussions, guarantees an enticing mastering environment. Additionally, the price-powerful nature of online education removes commuting charges, making exceptional schooling extra handy. The application’s accreditation from Amrita Vishwa Vidyapeetham adds credibility, assuring students of an identified qualification. With a dedication to global networking possibilities and a self-paced studying environment, Amrita AHEAD Online stands proud as a current and flexible preference for those embarking on their instructional journey.

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