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    B.Com Admissions: Your Ladder to becoming a skilled commerce professional

    by BML Munjal University June 29, 2022

    To make advancements in our lives, we must choose the appropriate path that will bring us to our calling. The B.Com courses are an astonishing option for people who want to avoid the inevitable rat race of ordinary life and carve out a niche for themselves.

    The B.Com degree provides numerous opportunities and opportunities for outstanding employment roles. B.Com learners are fortunate to be in a field where they can pursue opportunities in both private and public companies.

    The B.com courses provide graduates with a diverse range of rewarding salary titles and benefits. The programme includes a wide range of business and trade-related topics. TIt prepares students to do financial and business research. The course also provides students with information on bookkeeping standards, product export and import rules, financial strategies, and various perspectives on financial and business management.

    The Bcom fee is another essential criterion that influences the overall notion of pursuing B.Com as a course. The programme fee is typically among the lowest of any graduate programme in the country. Coupled with the fact that it is a 3-year study rather than a 4-year course like B.Tech, it is an immensely appealing offer for students who want to build out a unique professional path for themselves.

    Job opportunities after completing Bcom

    Certified Chartered Accountant

    Chartered accountants are responsible for providing advice, auditing accounts, and providing reliable information regarding an organization’s or individual’s financial records. Chartered accountants are highly involved in areas like Financial reporting, taxation, auditing, forensic accounting, corporate finance management, business recovery and insolvency, and accounting systems and processes. Chartered Accountants work in a variety of organisations, including public enterprises, private firms, non-profit organisations, NGOs, schools, colleges, and universities, among others. Their primary goal is to work strategically in order to maximise profits on behalf of clients or employers.

    A chartered accountant is in charge of an organization’s financial systems. They also conduct financial audits of their clients or organisations. CA’s are responsible to provide accurate financial information and recommendations to clients or employers. They must also keep accounting records and generate accounts and management reports. Chartered accountants provide advice to businesses on large business transactions such as mergers and acquisitions.

     

    FINANCIAL ANALYST

    Financial analysts are in charge of financial forecasting, reporting, and tracking operational indicators. They are majorly responsible for analysing financial data and developing financial models to aid in decision making. As a financial analyst, a person is expected to provide financial performance reports and prepare for regular leadership assessments.

    Financial analysts must analyse previous results, do variance analysis, detect patterns, and offer recommendations for improvement. In order to achieve accurate financial reporting, financial analysts are expected to collaborate closely with the accounting team. They must assess financial performance by comparing and analysing actual results to plans and expectations. The financial analysts must direct the cost analysis process by developing and implementing policies and procedures. Market research, data mining, business intelligence, and valuation comparisons are all demanded of financial analysts.

     

    Stockbroker

    After attaining s B.Com degree, you can also kickstart your career as a stockbroker. The stockbrokers are responsible for managing a fast-paced and complex financial environment while employing good communication, negotiation, and analytical abilities. Stockbrokers are responsible for buying and selling stocks and other assets on a stock market or over the counter for individual and institutional clients in exchange for a fee or commission.

    Stockbrokers stay updated on financial and tax legislation, and they are the people who have insights into the newest financial news to comprehend market movements and change drivers. They are expected to conduct specific market research and analysis that is beneficial to the organisations they represent. A stockbroker must ensure and comprehend the client’s requirements in order to offer appropriate recommendations for their investments.

    Actuarial Consultant

    The actuarial consultant or analysts mostly utilise statistical models to analyse risk, particularly in life insurance businesses. They are in charge of performing computer analyses on consumers based on their age and health status in order to establish the premiums for the various plans offered by the organisation.

    An Actuarial consultant is primarily employed by banks and insurance organisations. They finalise the amounts for the clients using specialised computer software and their skills. They also comprehend and apply multiple mathematical formulas, particularly in advanced statistics and modelling. A crucial part of their job role is to provide complete data analysis and readable reports using excel, spreadsheets, or advanced computer applications.

     

    Data Engineer

    The Data Engineer serves as a liaison between data scientists and company leaders. They are in charge of communicating business goals to data scientists so that they can work accordingly to meet the targets by the deadlines. They also deal with a large volume of raw data and evaluate new data sources.

    External Auditor

    External Auditors are detail-oriented professionals who assist businesses of all sizes and types in reaching their full performance potential. They are required to evaluate financial records and other data in order to provide a detailed picture of business operations, their investors, and market regulators. They are also responsible for making improvement recommendations for the organisations they represent. A crucial task on their to-do list is visiting client locations and communicating with various levels of management to understand the business and its needs. Depending on the organisation, they are in charge of planning, carrying out, and in certain circumstances designing audit procedures and testing.

    An external auditor must apply analytics to evaluate financial reporting fraud or operational business hazards. They are responsible for preparing and contributing to a final audit report, which includes making recommendations for system or process improvements.

    Corporate Secretary

    The company secretary works in a strategic and influential role to guarantee that a company functions legally and in accordance with government rules. The company secretary must guarantee that the company meets all financial and legal requirements while maintaining its strong corporate governance standards. They must also provide legal guidance to the company’s management.

    They always report to the chairman and frequently collaborate with board members. They prepare agendas for board meetings, committee meetings, and annual general meetings, and they follow up on them. They are also responsible for keeping statutory books, including registers of members, directors, and secretaries, up to date and approved by the committee.

    Sum up!

    The B.Com programme is well-known among students and aspiring business professionals across the globe. As mentioned above the B.Com graduates can find suitable jobs in many sectors, particularly in accounting-related professions and saying yes to B.Com Admissions for this year at a world-class university like BML Munjal is your chance to build a future-ready career.

    BMU’s Bcom courses at BML Munjal University give students a competitive advantage by providing complete support in developing a thorough understanding of subjects required to compete for premium exams such as CA and CS. Furthermore, students receive an industry-relevant diploma with the option of furthering their education in Law or Management. The b com fee and scholarship opportunities at BMU also assist students in accomplishing all their goals.

    So if you are planning to start your career with a bachelor’s in commerce, BMU is your go-to place!

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