The Bachelor of Commerce (B Com) is highly sought after in India as an undergraduate degree. With a diverse selection of specializations, B Com graduates have a variety of paths to follow, ranging from traditional routes like accounting, chartered accounting, company secretary, and bank-PO exams, to more unconventional careers in the fields of digital marketing, entrepreneurship, data analysis, and more.
In this article, we not only guide you on why you should pursue B Com but also delve into the best career options after B Com and provide valuable insights on how to excel in those fields.
Why Should You Pursue a B Com Degree?
- B Com graduates are trained to start their own businesses and are prepared for management positions.
- The degree prepares applicants for both corporate jobs and entrepreneurship, allowing them to acquire excellent commercial and financial knowledge that can advance their careers in various industries such as marketing, accounting, investment banking, and more.
- With a diverse academic background, B Com graduates often have the advantage of higher starting salaries compared to their peers with different qualifications.
- There are numerous specialized short-term courses available to enhance their abilities in specific industries such as marketing, accounting, and investment banking, making a B Com degree a valuable and promising investment for the future.
Career After B Com
1. Banking: The government sector offers a variety of jobs after completing a B Com degree, such as working in a government bank or in the finance, accounting, or management of a firm. Another option that candidates can choose is the bank-PO exam.
2. Finance: The market for employment is so competitive nowadays that securing a stable job may require having extra skills and knowledge in addition to a B Com degree. Taking graduate and post-graduate degrees such as Master of Business Administration (MBA) and Chartered Accountants (CA) can prepare you for top managerial positions in the finance industry.
3. Accounting: Accounting and finance, especially in large corporations and respectable firms are one of the top careers after B Com. Graduates earn an average of INR 5 LPA as income and they can venture into fields such as tax consulting, financial analysis, and actuarial science.
4. Insurance: The market for life and non-life insurance products is growing. Therefore, B Com graduates in Insurance Management can find job opportunities in different organizations like audit firms, tax-related financial institutions, and banks.
5. Education: Those with a B Com degree can pursue B Ed courses to become a lecturer and pass on their experience and knowledge in the commerce field. Students wishing to undertake an academic career can take a two-year postgraduate teaching degree, B Ed.
Courses after B Com
1. Master of Commerce (M Com): After B Com, M Com is the most popular course. It provides more detailed information in areas like accounting, taxation, business studies, finance, and economics.
2. Bachelor of Education (B Ed): B Ed provides a professional teaching qualification for B Com graduates to work in education. It equips the students with the skills necessary for teachers in the future.
3. Master of Business Administration (MBA): A B Com graduate seeking a better position in the domain of finance will often opt for an MBA program. The graduates may take up managerial posts in finance, BFSI, FMCG, IT consulting, and other leading companies.
4. Chartered Accountancy (CA): Chartered Accountancy is a professional program that is geared towards accounting, auditing, taxation, and finance appraisal of individuals and institutions.
5. Company Secretary (CS): Company Secretary is one of the best career options after B Com. A CS is very important and provides a company with legal advice as well as ensuring it adheres to laws.
6. Chartered Financial Analyst (CFA): The Chartered Financial Analyst program is an internationally known training for finance and investment professionals. It gives graduates specialized knowledge and skills in investment analysis, portfolio management, and financial planning.
7. Business Accounting and Taxation (BAT): BAT is a brief course meant for B Com graduates to acquire special accounting and tax expertise within this sector.
8. Digital Marketing: B Com graduates have many career opportunities in the booming field of Digital Marketing. It entails the use of digital media such as websites and social media to market products or services.
B Com program at MIT, Shillong
MIT, Shillong offers a comprehensive B Com program with specializations in Financial Accounting and Financial Management. This program equips students with knowledge and skills in areas such as financial statement analysis, taxation laws, investment analysis, and risk management.
As one of the best B Com Colleges in Shillong, MIT provides state-of-the-art facilities and a vibrant learning environment to nurture the growth and success of its students. Graduates at MIT, Shillong have the best career options after B Com in sectors such as accounting, finance, banking, and consulting. The courses and syllabus are designed to provide a strong foundation in commerce, preparing students for their future professional endeavors.
So, if you are looking for B Com colleges in Shillong, MIT is the way to go! Visit www.mituniversityindia.edu.in/ and Apply Now!!