Bachelor of Commerce: Best course for Aspirants Seeking Career in Finance
You must have heard the name of this course ‘Bachelor of Commerce (B.Com)’ often in your life. The reason being it is one of the most popular courses amongst commerce students in India. Moreover, some private universities are innovating their curriculum to align with the international standards by including interdisciplinary courses.
About Bachelor of Commerce?
- The full form of B.Com is Bachelor of Commerce.
- It is an undergraduate course for the students of commerce.
- It includes subjects on finance, banking, accounting, taxation, and management.
- It empowers students to become the best accountants, financial analysts, and managers.
- If you go for a Bachelor of Commerce (Hons.), you can specialize in a particular trade depending on what you choose from the following:
- Investment Management
- Corporate Secretary
- Accounts and Finance
- Banking & Insurance
- Tourism and Travel Management
- Information Technology
- Human Resources
In these three years of Bachelor of Commerce, you will gain meticulous learning that will open the doors to incredible opportunities that will embellish your professional life. Now, what you do after your Bachelor of Commerce entirely depends on you.
You might want to pursue your dream job right after finishing your B.Com to pay off the loan taken to pay your B.Com fees or to support your family. Or you might go for higher studies to hone your skills to a level that you grab a great offer later on.
Hence, the other part of this blog will discuss the various career options you have. It is bifurcated into two parts! Go through each one carefully and choose the option that suits you the most!
Higher Studies Options after Bachelor of Commerce
M.Com (Master of Commerce)
This one is obvious. You can go for a master in your trade. If you are interested in research and teaching, you can go for an M.Com followed by an M.Phil and a Ph.D. Going down this path will ensure that you get excellent teaching jobs in schools and universities. You can join as an associate professor in the beginning.
CA, CS, ICWA
Professional courses like Chartered Accountant, Company Secretary, Institute of Cost and Works Accountants of India are top-rated amongst Bachelor of Commerce students. You just need to pass the tough exams to earn your badge. Having a Bachelor of Commerce gives you a direct entry at level 2 of these exams.
CRISIL Certified Analyst Programme
This course is offered by CRISIL, with NMIMS as the academic partner. It provides live projects on various analytical subjects and research. It has a very liberal syllabus compared to the other master’s programmes. It lands you a marvelous earning option after you finish it as it is a professional course. To take admission here, you need to take the aptitude test conducted by CRISIL. Or, you can apply based on your CAT, XAT, GMAT scores.
You must have heard about this hyped course from your seniors or cousins in the commerce stream. Let us tell us that cracking its exam is very tough, but it lands you jobs in the finance and insurance sector at handsome packages. It includes subjects of risk analysis, statistical analysis, mathematics, etc.
Who hasn’t heard about this wishing well? Every year, lakhs of students take up MBA entrance exams because of the popularity and job guarantee. You can specialize in any stream you feel you are good at.
You can take up the diploma courses to enter the government as well as the private sector. Some of the popular ones are as follows:
- Treasury and Forex management
- Merchant Banking
- Financial Service
- Foreign trade
Jobs after Bachelor of Commerce
Banking Jobs in the Government Sector
You can take up various govt. exams like the Bank PO, IBPS, etc., to enter the banking sector that offers you job security, perks, govt. facilities as well as good salaries. Since they are the most sought-after jobs in a country like India, the competition level is very high due to lakhs of aspirants applying for the same job.
Indian Economic Service (IES)
It comes under govt. exams, but it is a very coveted job in the country. By clearing this exam, you can become a future economist to serve their motherland by joining various high-level committees and departments like the NITI Ayog. But for this, you need to be an economics freak and put in a lot of hard work during the entrance exam preparation.
A plethora of jobs in the Private Sector
Many jobs in the private sector offer various entry-level jobs to Bachelor of Commerce graduates. You can go on to become the best managers and team leaders.
In a nutshell, this is the best course of commerce students as you have a pool of fantastic opportunities awaiting you once you are a Bachelor of Commerce graduate.
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