B.Com (Hons)

B.Com (Hons)

BESC’s undergraduate degree in commerce is one of our most rigorous courses. The degree is designed to provide students with a wide range of managerial skills, while at the same time building competence in particular areas of business. Towards that aim, in addition to their major, students of the programme are exposed to general business principles with courses in accounting, finance, business management, human resources, (business) statistics, marketing and economics.

Specialisations offered: Accounting & Finance | Marketing | Taxation | Computer Applications & E-Business

Career Options after B.Com

A variety of employment choices make BCom one of the most popular undergraduate programs in India.

Why Should You Pursue a BCom Degree?

BCom graduates are trained to start their own businesses. The BCom degree, in comparison to BBA, which primarily focuses on preparing students for managerial positions, prepares applicants for both the corporate world and entrepreneurship. Candidates acquire excellent commercial and financial knowledge that they can use to advance in their careers or company endeavors.

In contrast with other degrees, a BCom degree and other short-term courses listed offer a  wider range of applications. BCom degree holders can find employment in various industries,  including marketing, accounting, consultancies, investment banking, banks, capital management, etc.

Many businesses favour BCom graduates over others due to their extensive and varied academic experience. BCom degree holders receive a significantly better-starting salary than those with other degrees. Another main highlight of this course is that there are numerous short-term courses created especially to aid BCom graduates in developing advanced and sector-specific abilities.

Scope of BCom Degree

Most candidates pursue higher education to have a good profession following their BCom. Today, getting a strong start in your profession requires more than just a graduation degree. To ensure a strong start, one must become an expert in the sector of their choice.

To develop one's knowledge and experience in the sector, one can select from a variety of academic and professional courses. After completing a BCom degree, you can find employment, mostly in the banking, accounting, and finance industries. There are numerous professional courses after BCom that one might opt for. Since the finance department is one of the four cornerstones of any company organization, finance and accounting are relevant to all industries.

Candidates acquire excellent commercial and financial knowledge that they can use to advance in their careers or company endeavors.

Career after BCom (Sectors)

Following are the career opportunities after BCom:

1. Banking  
The government sector offers a wide range of job options, including the chance to work as an official in a government bank or in the finance, accounting, or management division of a business. After obtaining a BCom degree from any accredited institution that is UGC- DEB certified, the candidate has the finest employment potential if they are serious about building or entering the government sector.

2. Finance  
Just possessing a bachelor’s degree, such as a BCom, won’t get you a stable job in today’s dynamic and ever-changing employment market. To compete in today’s tough job market, students need more than just a BCom degree. They need accurate information and additional skills. We’ll talk about how you can pursue your desire to work in the finance industry after earning your BCom. Finance is an exciting industry to work in.

It is widely accepted that having a bachelor’s degree particularly a B. Com in the commerce stream could be a wise career choice and the very minimal requirement to get regular employment.

3. Accounting  
The scope of a BCom. in accounting after graduation is broad. The potential for the field is excellent, and graduates are being hired by reputable firms with competitive compensation packages because commerce, finance, and other related fields are now recognized as a universal language on a global scale. As a result, there is a wide range of employment opportunities after BCom. Accountancy graduates. Graduates typically make roughly INR 4.78 LPA in income.

4. Insurance  
Due to the existence of numerous insurance businesses in the market that provides a variety of life and non-life insurance products, BCom Insurance Management is becoming increasingly well-liked among students. After finishing this course, candidates may work for audit firms in tax-related problems, banks, financial institutions, or insurance companies.

5. Taxation  
BCom. in Taxation graduates have a variety of BCom career options, including chartered accountants, financial risk managers, tax consultants, tax specialists, senior tax managers, tax compliance managers, cost estimators, lecturers, stockbrokers, financial analysts, and actuaries. Graduates can also find employment in the public and private sectors. Freshmen in BCom. Taxation can expect to earn an average of INR 2 to 4.5 LPA (PayScale), with experience and skill levels rising over time.

6. Education  
After BCom, you can choose to do the relatively straightforward yet useful B.Ed. course. You can use the knowledge you have gained as a B.com graduate in your career as a lecturer.

The Bachelor of Education is likely one of the easiest professional routes after earning a BCom (B.Ed.). B.Ed. is a two-year postgraduate teaching degree that is specifically created to enable students to pursue an academic career, making it one of the best courses available after b.com. You could enrol in this course if you received a graduation grade of 50 to 55 percent from an Indian university that is regarded as reputable.

7. Wealth Management & Etc,.   
We are searching for a wealth manager who will oversee providing clients with financial services and guidance to help them with their financial endeavors. Relationship management, assisting clients with account information, and giving recommendations on financial investments are all duties of wealth managers.

You need to be confident, be able to communicate difficult material, and have strong sales and negotiating abilities to succeed as a wealth manager. In the end, a top-notch wealth manager needs to be well-versed in wealth management, have effective communication skills, and be aware of customer relations strategies.

Courses after BCom

1. Master of Commerce (MCom)   
Masters in commerce, or M.Com, is one of the most popular courses available after BCom. You can learn more in-depth information on topics like accounting, taxation, business studies, statistics, economics, finance, international business, etc. in this course. You can select a specialization from among business-related courses like M.Com in the areas of finance, accounting, economics, taxation, business studies, marketing, management, and statistics.

2. Bachelor of Education (B.Ed.)   
After earning your BCom, you can pursue your Bachelor of Education (B.Ed.) to work as a teacher in a school. When you finish your BCom course and pass the UGC-NET, you can pursue an M.Com and then a Ph.D. if you want to become a professor.

3. Master of Business Administration (MBA)   
You can choose to specialize in finance in your Master of Business Administration (MBA) if you want to work in the finance industry. You can work at managerial levels in finance, BFSI, FMCG, IT, consulting, and top companies after earning an MBA in finance. Following an MBA in finance, the best career options after BCom include those as a finance manager, consultant, financial analyst, credit risk manager, portfolio manager, and treasurer.

4. Chartered Accountancy (CA)   
One of the top career options for graduates of commerce programs is chartered accounting (CA). Accounting, auditing, taxation, and financial assessment for an individual or organization are all included in the practice of chartered accounting. Candidates who successfully finish the CA course are awarded professional certification by the Institute of Chartered Accountants of India (ICAI), which enables them to engage in professional practice.

5. Company Secretary (CS)   
Company secretary is a popular career option that requires a professional degree after receiving a BCom. The Indian company secretary profession is governed by the Institute of Company Secretaries of India (ICSI). A company secretary manages tax returns, legal and statutory obligations, record-keeping, giving advice to the board of directors, and making sure the firm complies as part of their job description.

6. Chartered Financial Analyst (CFA)   
The Chartered Financial Analyst (CFA) credential is a well-liked option among business professionals. The CFA Institute overlooks the CFA programme (formerly the Association for Investment Management and Research). The applicants must pass three levels of tests that examine their knowledge of accounting, economics, business ethics, money management, and security analysis. Candidates are certified as financial analysts and qualified to practice professionally after passing all three levels.

7. Business Accounting and Taxation (BAT)   
You'll gain the theoretical and practical knowledge of accounting and taxation you need from this brief professional course to be ready for the workplace. The training curriculum includes topics on Goods and Service Tax (GST), Direct Taxation, Payroll, Financial Reporting, Tally, Excel for Accounting & MIS, Finalization of Financial Statements, Busy Software, and SAP.

8. Certified Management Account (CMA)   
The Institute of Management Accountants offers this course as a certification, preparing the student for a wide range of positions in financial accounting and strategic management. A two-part exam covering decisions relating to external financial reporting, planning, budgeting, and forecasting, performance management, cost management, internal controls, technology, and analytics, financial statement analysis, corporate finance, decision analysis, risk management, investment decisions, and professional ethics is included in the course schedule.

9. Certified Public Accounting (CPA)   
The CPA is a well-known professional certification programme that focuses on financial planning, attestation services, and audits of financial statements. To protect the client’s financial health, a certified public accountant (CPA) is legally permitted to provide financial advice and audit services. Professionals who pass the exam covering Regulation, Financial Accounting and Reporting, Business Environment and Concepts, and Auditing and Attestation are awarded CPA certification by the American Institute of Certified Public Accountants (AICPA).

10. Financial Risk Management (FRM)   
In the financial markets, FRM is a recognized profession on a global scale. The Global Association of Risk Professionals offers accreditation to professionals in the financial risk management sector (GARP). To become FRM certified, professionals with at least two years of work experience in financial risk management must pass a two-part exam.

11. Association of Chartered Certified Accountants (ACCA)   
A global professional accounting organization called ACCA offers certification programmes for those who want to pursue careers in chartered accountancy. The full form of ACCA is the Association of Chartered Certified Accountants. BCom graduates and professionals with at least three years of work experience are eligible for the course. The certification process typically takes three years to complete and requires the participant to pass multiple-level tests. Financial accounting, management accounting, taxation, performance management, audit & assurance, corporate & business law, financial reporting, and financial management are among the skills acquired.

12. Certified Financial Planner   
Another well-known professional title in the financial planning sector is the Certified Financial Planner designation (CFP). The Certified Financial Planner (CFP) designation, awarded by the Certified Financial Planner Board of Standards, Inc., is one of the most difficult financial counselling programmes. A demanding exam is part of the certification procedure to assess aptitude and moral character. A CFA is qualified to provide guidance on tax, investment, retirement, insurance, and educational planning.

13. Certificate in Investment Banking (CIB)   
A reputable international certification with attractive compensation is CIB. The book focuses on crucial facets of banking and finance, such as Financial Statement Analysis, Asset Class Valuations, including DCF, Corporate Actions and Restructuring, IPO, Listing and Fund Raising, Mergers and Acquisitions, Transactions Analysis, and Leverage Buyouts (LBO).

14. Digital Marketing   
After BCom, it would be a promising idea to enroll in a digital marketing school because it is one of the trendiest sectors right now. After BCom, one of the top courses in digital marketing. You can find fascinating opportunities with a sizable annual package in this trending sector with dynamic work roles. A digital marketing course’s main goal is to educate you in the field of digital marketing, along with its fundamental ideas and methods for creating a trustworthy brand online. SEO, SEM, SMM, email marketing, content marketing, PPC, web design, and other topics are covered in-depth in digital marketing courses. 3 to 11 months are the possible course lengths. One of the greatest courses for BCom students, but also for other students, is digital marketing.

Corporate Job Options after B.Com

Following are the corporate job options after BCom:

1. Accountant  
Auditing financial records and processes, comparing bank statements, and computing tax obligations and returns are all duties of an accountant. If you want to be successful in this position, you need to have prior bookkeeping knowledge and a knack for recognizing mathematical errors.

An excellent accountant has strong interpersonal and communication abilities in addition to their knowledge of finance. They must have the highest level of honesty possible as they supervise financial records, and they must have excellent communication skills to convey complex information in a way that is simple to grasp.

2. Account Executive    
The main point of contact between a vendor and a customer is an account executive. Typically, the account executive is involved from the very beginning of the company relationship. They are in charge of carrying out the terms of the contract and maintaining the client’s satisfaction after pitching the business and negotiating the contract.

A client can also receive a call from an account executive introducing new goods and services. To provide demos and support the sales pitch, this may entail making travel arrangements for technical, design, and other support staff members to visit the client.

3. Financial Risk Manager   
Financial risk managers are skilled at identifying and controlling financial risk as well as collaborating with banks, insurance providers, accountancy firms, and asset management corporations. In partnership with internationally renowned universities, Emeritus India offers a variety of online and offline financial management courses.

Identification of asset hazards, analysis of business risk, and provision of a business risk solution are some of the duties of an FRM.

4. Business Analyst   
Business analysts, often referred to as business systems analysts, process analysts, enterprise analysts, business architects, and functional analysts, offer ways for organizations to run more effectively using data. To design and research prospective organizational challenge solutions, including system and process changes, they acquire and analyze data.

5. Digital Marketer   
You should be able to lead integrated digital marketing campaigns from concept to execution and have a firm knowledge of the most recent marketing technologies and tactics. To implement campaigns on schedule and under budget, digital marketing managers will collaborate with the marketing team, supporting teams (such programmers), and vendors.

Prepare and carry out all digital marketing strategies, including email, social media, SEO/SEM, and display advertising campaigns. Creating, establishing, and sustaining our social media presence. All digital marketing campaign performance is measured, reported, and evaluated against set objectives (ROI and KPIs)

Some Competitive Exams for BCom Graduates

Jobs in government organizations and nationalized banks through competitive exams are another well-liked alternative for a career in India after completing a BCom. Below is a list of some of the most well-known competitive tests following BCom:

1. RBI grade B officer  
For the direct hiring of Grade B Officers in Combined Seniority Group (CSG) streams, the Reserve Bank of India conducts RBI Grade B recruitment. Every year, recruiting exams are held by the RBI, the nation’s central bank, to fill a variety of positions.

2. SBI PO   
Every year, State Bank of India (SBI) holds the SBI PO exam to determine who is qualified for the position of probationary officer. According to the number of openings, many candidates apply for the exam, but only a select few are chosen.

3. LIC AAO  
State Bank of India (SBI) administers the SBI PO exam each year to select candidates for the probationary officer job. Numerous applicants apply for the exam in accordance with the number of positions, but only a small number are ultimately chosen.

4. UPSC CSE / IAS   
The Union Public Service Commission (UPSC) holds the IAS test, also known as the Civil Service Exam (CSE), each year. At the national level, the test is given in India.

5. SSC CGL Exam   
Staff Selection Commission (SSC) Combined Graduate Level is the full name of SSC CGL (CGL). The Staff Selection Commission (SSC) holds the SSC CGL exam at the national level to choose candidates for Group-B and Group-C positions in various ministries, departments, and government agencies throughout India.

6. RRB NTPC   
To choose applicants for Graduate and Undergraduate positions under Non-Technical Popular Categories (NTPC) in various zonal railroads and manufacturing units of Indian Railways, the Railway Recruitment Board conducts the RRB NTPC exam.

7. SBI Clerk   
Every year, SBI holds the SBI Clerk test to find applicants for positions in the Clerical Cadre. A lot of graduates apply each year for the position of Junior Associate (Customer Support and Sales)

8. IBPS Clerk   
A common recruitment process (CRP) is run by the Institute of Banking Personnel Selection (IBPS) to find candidates for positions in India's public sector banks’ clerical cadre. CRP scores are used by public sector banks to choose applicants for their various branches.

9. IBPS PO   
Each year, the Institute of Banking Personnel Selection (IBPS) conducts the Probationary Officer/Management Trainee (PO/MT) exam to fill open positions in 11 public sector banks in India.

Career Switch options

Discover your interest because there are many employment opportunities in information technology. Just remember to be specific when picking the best IT career path.

Artificial Intelligence
One of the IT industry’s most in-demand skills is artificial intelligence. A top AI technology framework can be used to provide answers to challenges in the real world by an artificial intelligence architect.

An AI job requires the following skills:

  • Programming dialects (Python, R, Java, etc.)
  • Probability distribution and statistics
  • Frameworks and algorithms
  • Deep Learning and neural networks

An AI architect in the US makes a yearly salary of US$125,377 on average.

1. Augmented and Virtual Reality  
The level of the digital world has increased thanks to augmented reality and virtual reality. The best 3D virtual technology enables users to interact with the environment in real time. You need the following abilities to work as an AR or VR engineer:

  • Programming languages, like Java, C#, Swift, JavaScript, etc.
  • Having knowledge of 3D game engines
  • Knowledge of UI or UX designers

In the United States, the average annual income paid for the skill of virtual reality is US$71,660.

2. Big Data  
Organizations can combine and analyze their vast amounts of industrial data thanks to big data technology and applications. By producing effective results, this aids in the growth and profitability of the businesses. However, there has been a lack of Big Data specialists in the IT industry, so if you want to become a Big Data Engineer, now is the time to acquire the required abilities. The abilities you must develop are as follows:

  • Coding abilities (Python, R, SQL, Scala, etc.)
  • Technologies like Hadoop, Spark, and NoSQL
  • Big Data structures
  • Data Lake

A Big Data Analyst makes an average yearly pay of US$111,793 in the United States, whereas a Data Scientist makes an average yearly compensation of US$96,494.

3. Cloud Computing  
To help businesses innovate more quickly and profitably, cloud computing is a service that offers a variety of functions over the Internet, including servers, storage, databases, networking, software, analytics, and intelligence. The potential of cloud computing in the IT sector is enormous, as are the job opportunities after BCom. You can become an expert in cloud computing by developing the following abilities:

  • A working knowledge of programming languages like PHP, Java, and .NET
  • Knowledge of cloud architecture Practical experience using cloud computing services like AWS, Azure, etc.

The average annual pay in the United States for those with cloud computing expertise is US$125,556.

4. Blockchain  
A secure Blockchain-based system should be able to be designed and implemented by a blockchain developer. The tools you’ll need to add to your CV to become a blockchain developer are as follows:

  • Languages like Java, C++, and Python
  • The Blockchain architecture and encryption
  • Basic understanding of web development

In the US, a Blockchain Engineer can expect to make roughly $107,534 per year.

5. DevOps  
DevOps is a skill that is in high demand since it requires you to be both a developer and an operator. Along with the technical abilities listed below, you also need to be a great communicator and have an intense sense of teamwork if you want to become a DevOps Engineer:

  • Languages for programming
  • DevOps tools (Git, Jenkins, Docker, Puppet, etc.)

In the United States, the starting compensation for a DevOps Engineer is US$96,054.

Conclusion

The list of top courses after BCom is shown above. Hopefully, it will answer the question, “What is the best career after BCom?” and provide you with a better understanding of career options after BCom and pay information. Based on the numerous employment paths stated above you can plan what to take after graduation and what interests you. Before choosing the best job after BCom, young people who are unsure about their next steps should consider the duration, level of difficulty, and cost of the course. Any of the aforementioned top job-oriented courses after BCom are guaranteed to get you an excellent job after BCom so you may cheerfully begin your professional career.

Frequently Asked Questions (FAQs)

1. What are the jobs after BCom? 
Account Executive, Tax Consultant, Company Secretary, Accountant, Bank Manager, Financial Analyst, Business Executive, Finance Manager, Teacher, Accounts Manager, Business Consultant, Chartered Accountant, Chartered Financial Analyst, Certified Management Accountant, Certified Financial Planner etc. are some of the professions that one can pursue after earning a BCom degree.

2. What to do after BCom? 
Today, there are several employment choices available after earning a BCom, as was previously described. After completing the course, one is not required to follow the conventional route of earning an M.Com or B.Ed. A junior accountant, finance executive, sales executive, etc., can be hired right away.

3. Is Math a compulsory subject for commerce related job opportunities? 
Although it depends on your interests, the most advised alternative is to major in commerce with a math minor because it will help you advance your analytical skills and get you ready for any upcoming competitive exams. You’ll benefit from it no matter what you decide to study, whether it’s passing entrance tests or getting into a prestigious university after high school.

4. Is BCom a good career option? 
After earning your BCom, you can choose from a variety of job profiles. You could, for instance, work as an insurance agent, financial manager, or sales associate. Additionally, you can work for the government or at a bank as a process analyst, relationship manager, etc. Your duties will depend on your job description, although many tasks are universal to most jobs.

Course Structure

First Year: Semester 1

Course Code Course Name Type Marks
AECC 1.1Chg Communicative English – 50
Indian Language – 50
Non-MCQ 100
GE 1.1Chg Microeconomics I & Statistics (50+50) MCQ 100
CC 1.1 Chg Business Laws MCQ 100
CC 1.2 Chg Principles of Management MCQ 100
CC 1.1Ch Financial Accounting – I Non-MCQ 100

First Year: Semester 2

Course Code Course Name Type Marks
GE 2.1Chg E-Commerce &
Business Communication (50+50)
MCQ 100
CC2.1Chg Company Law MCQ 100
CC2.2Chg Marketing Management &
Human Resource Management (50+50)
MCQ 100
CC 2.1Ch Cost and Management Accounting – I Non-MCQ 100

Second Year: Semester 3

Course Code Course Name Type Marks
SEC3.1 Chg Information Technology & Its Application in Business (Theory -50 + Practical- 50) MCQ 100
GE 3.1Chg Business Mathematics & Statistics (50+50) MCQ 100
CC3.1 Ch Financial Accounting II Non-MCQ 100
CC3.2Ch Indian Financial System Non-MCQ 100

Second Year: Semester 4

Course Code Course Name Type Marks
GE 4.1 Chg Microeconomics II & Indian Economy (50+50) MCQ 100
CC4.1Chg Entrepreneurship Development and Business Ethics (50+50) MCQ 100
CC 4.1Ch Taxation I Non-MCQ 100
CC 4.2 Ch Cost and Management Accounting -II Non-MCQ 100

Third Year: Semester 5

Course Code Course Name Type Marks
CC 5.1Ch Auditing & Assurance Non-MCQ 100
CC 5.2 Ch Taxation II Non-MCQ 100
DSE 5.1 A* Macroeconomics and Advanced Business Mathematics (50+50) Non-MCQ 100
DSE 5.2 A* Corporate Accounting Non-MCQ 100

 

Options:

*Or DSE 5.1 M (Consumer Behaviour and Sales Management -50+50) & DSE 5.2 M (Product & Pricing Management and Marketing Communication (50+50)

*Or DSE 5.1T(Public Finance and Taxation) & DSE 5.2 T (Direct Tax: Laws and Practice)

*Or DSE 5.1 e-B (Fundamentals of Computer ) & DSE 5.2 e-B DBMS and System Analysis &Design (50+50)

Third Year: Semester 6

Course Code Course Name Type Marks
AECC 6.1Chg Environmental Studies MCQ 100
SEC6.1Chg Computerised Accounting and e-Filing of Tax Returns Practical Paper
Non-MCQ
100
CC 6.1Ch Project Work Non-MCQ 100
DSE 6.1 A** Financial Reporting and Financial Statement Analysis Non-MCQ 100
DSE 6.2 A** Financial Management Non-MCQ 100

 

Options:

**Or DSE 6.1 M (Retail Management and Marketing of Services (50+50)
& DSE 6.2 M (Rural Marketing and International Marketing (50+50)

**Or DSE 6.1 T (Indirect Tax: Laws and Practices)
& DSE 6.2 T (Tax Procedures and Planning)

**Or DSE 6.1 e-B (Internet & WWW and Functional e-Business System (50+50)
& DSE 6.2 e-B(Computer Applications and e-Business Applications – Practical (50+50)

  • CHG: Common for Honours and General
  • CH: Core Course for Honours
  • AECC: Ability Enhancement Compulsory Course
  • SEC: Skill Enhancement Elective Course
  • GE: Generic Elective
  • CC: Core Course
  • DSE: Discipline Specific Elective

PO CO PSO

Program Outcome / Course Outcome / Program Specific Outcome →

Course Eligibility

A candidate taking up B.Com. Honours Course must have obtained a minimum of 50% marks in the aggregate and 45% marks in the subject or related subject at the previous qualifying examination.

OR

55% marks in the subject or related subject at the previous qualifying examination.

Note:

  • Related Subjects for B.Com. – Honours (anyone)
    Accountancy, Business Economics including Business Mathematics, Business Organization, Mathematics, Business Mathematics, Economics, Statistics, Business Studies, Office and Secretarial Practice, Financial Accounting, Elements of Cost Accountancy & Auditing, Bookkeeping, Commerce, Cost Accountancy & Principle of Management, Commercial Law & preliminaries of Auditing, Costing & Taxation.
  • Please also read General Eligibility Criteria, Under Admissions.
Course Duration

4 Years

Course Hours

6:15am – 10:15am (Co-Ed)
3:00pm – 6:45pm (Girls only)
5:15pm – 9:00pm (Co-Ed)

Course Fees

Morning: ₹ 34,480/- (First Semester)
Afternoon & Evening: ₹ 26,985/- (First Semester)

Admission 2024-25 Enquiry Form