Commerce is present in every aspect of our lives which deals in exchanging goods and services and businesses. It is involved in the exchange of goods and services, and it also involves numerous activities that directly and indirectly facilitate this exchange. Since commerce is such a branch that takes care of a business’s distribution and production aspect, any career path related to commerce will always be in demand.
If you are someone who inclines the business, accounting and banking sector, a B.Com Honours course will benefit you. This course offers multiple career opportunities to its aspirants to grow in their careers. The B.Com syllabus helps the aspirants pursue higher studies or start their careers at an early age.
What is a B.Com course? If you ask, it’s an undergraduate degree in commerce and other related subjects in simple words. However, this course offers a vast knowledge about managerial skills and understanding streams like finance, accounting, taxation and management.
The rate at which the employability for the commerce field has increased, it has witnessed constant growth from 2017 to 2021, despite the uncertain pressure exerted by the COVID-19 pandemic.
The Totaljobs survey of sixteen thousand workers (in the UK) in the accounting and auditing profession (2020) reveals, “The job satisfaction is the highest among auditors and accountants compared to other professions. They are also the least likely to leave of any sector/industry”.
Let’s look at some of the scopes after the B.Com course:
MBA: The B.Com aspirants can opt for an MBA course after completing their course if they want to build a career in management. An MBA course from a reputed college will help add value to their CV and eventually help them seek a handsome salary later. Depending on their interest, the candidates can choose a particular specialization for their MBA course or even opt for a general MBA.
Law: The aspirants can also build a career in the legal world. There are various branches within the law sector, such as corporate, taxation and business law, where a candidate can build a career. After completing their course in B.Com, they have to appear for the CLAT exam; upon which passing the exam, they can apply for law colleges to pursue a three year LLB course.
Finance Consultancy: If you have an interest in finance and analysis, then consultancy can be one of the potential careers they can pursue. You can opt for CFA courses after your B.Com course, or they can work in investment banking, banking jobs or investment management along with pursuing an MBA degree.
Chartered Accountancy: We all know how popular a chartered accountancy career is. This will be one of the most suitable career paths for B.Com (Honours) graduates if they want to go into the field of taxation, audit or accountancy.
Start-Up: These aspirants can start their career path by working in a startup. This allows them to decide their ultimate career path, as they gain diverse experience by working in a startup.
Entrepreneurship: If you dream of becoming the next Ambani or Tata, you should opt for a B.Com Honours course as it offers you the opportunity to start your venture. The B.Com syllabus helps aspirants convert their innovative ideas into a full-fledged business.
Marketing and Advertising Roles: The aspirants can go into marketing and advertising if they feel they have strong communication and persuasion strengths. This field is very suitable for creative people and can apply their ideas to the business.
Government Jobs: The aspirants of B.Com Honours can also apply for various government jobs by taking exams in UPSC. So if you are someone who wants to get into a government job, you can have plenty of options with a combination B.Com degree and clearing a UPSC exam.
Company Secretary: This is one of the well-known professions which the aspirants of a B.Com degree can pursue. Cracking a company secretary exam is considered easier than clearing a CA exam, making this field of the profession more attractive.
Hence, aspirants who are willing to build a career in all the abovementioned careers can opt for a B.Com Honours course. There are various colleges and universities across India which offers this course.
The Bachelor of Commerce (Hons.) degree at BML Munjal University (BMU) is designed to provide students with a multi-disciplinary perspective towards trade, commerce, finance and technological integration of businesses which is on par with modern times.
The World Economic Forum reports, “By 2025, 10% of the global GDP will be stored in Blockchain and related technologies”.
This makes it certain that our current curriculum should have all the traits of the contemporary business world, where the students also have an equal chance to thrive in technology. The BMU’s B.Com Honours curriculum helps students acquire academic knowledge and technical advancement. Their B.Com syllabus combines all the fundamentals of blockchain and robotic process automation. All these qualities are embedded in the three-year program, where students get to learn about the amalgamation of the financial world and technology.