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Bachelor of Commerce (BCom) is one of the most sought-after undergraduate courses for students pursuing a career in commerce. Ideal for those looking to build a strong foundation in finance, accounting, and related fields, BCom opens the door to numerous professional opportunities. If you’re unsure about the best options to pursue after completing BCom, or what career paths to explore next, you’ve come to the right place! This guide will help you navigate your options and make informed decisions about your future.
The BCom program provides excellent career opportunities for those interested in the commerce field. Numerous courses after BCom can broaden your job prospects. Additionally, jobs after BCom are attractive due to their reputation and salary packages.
In this article, we will explore career opportunities after BCom, courses you can pursue, and the best jobs for BCom graduates. Let’s dive into the various paths and options available to you. Exploring different career opportunities is always a good idea to find the best fit for your interests and skills.
For a broader view of high-paying and rewarding professions, check out our detailed guide on the top career options.
Students often pursue certification, diploma, or professional courses after graduation to enhance their knowledge and skills. When considering career opportunities after BCom, there are numerous postgraduate or professional courses available. These courses can help you acquire new skills and boost your employability, opening up a wide range of career opportunities after BCom.
Here are some of the popular courses after BCom:
Course | Duration | Eligibility | Subjects |
MCom | 2 Years | Graduation in BCom or related discipline from a recognized university. A minimum aggregate of 50% is required BBA, Economics(H), BBE or BFIA. Minimum aggregate of 60% | Economic Analysis Organizational Behavior Financial Management & Policy Statistical Analysis International Business |
MBA | 2 Years | Bachelor’s degree in any discipline from a recognized university A minimum aggregate of 50% – 60% is required Entrance exams are to be cleared | Marketing Research Financial Management Human Resource Management Operations Management Corporate Finance |
CFA | 2.5 Years | A minimum aggregate of 50% IN 10+2 or equivalent examination Bachelor’s or any relevant degree in related field Final-year students are also eligible for the course | Candidates must pass the 10+2 examination from a recognized university A minimum aggregate of 50% in 10+2 Graduation in commerce or related discipline with a minimum 55% |
BAT | 6 Months | Candidates must pass the 10+2 examination with Accounts as a main subject Bachelor’s degree in the commerce discipline Minimum aggregate of 50% in Graduation | Auditing Goods & Service Tax (GST) Expense & Purchase Processes Flow of Transactions Accounting for TDS |
CA | 4.5 Years | Candidates must pass the 10+2 examination from a recognized university A minimum aggregate of 50% in 10+2 Graduation in commerce or related discipline with a minimum of 55% | Principles & Practices of Accounting Business Mathematics Business Law & Business Correspondence Business Economics Financial Reporting |
FRM | 1-2 Years | Candidates must pass the 10+2 examination Graduation in any related discipline from a recognized university The FRM exam is required to be cleared | Foundations of Risk Management Financial Markets & Products Operational Risk & Resiliency Market Risk Measurement & Management Valuation & Risk Models |
CS | 2 Years | Candidates must pass the 10+2 examination from a recognized board Graduation in any discipline from a recognized university A minimum aggregate of 50% in Graduation is required | Business & Corporate Laws Fundamentals of Accounting & Auditing Business Economics & Business Correspondence Entrepreneurship Tax Laws |
B.Ed. | 2 Years | Graduation in any discipline from a recognized university A minimum aggregate of 50% is required Entrance exams might have to be cleared | Learning & Teaching – Practical ICT and Pedagogy Primary School Engagement Introduction to Information and Communication Technology Pedagogy of school subjects like English, Science, Mathematics, etc |
MCom is a specialized degree that benefits students who want to focus on gaining academic depth in commerce. This course mainly focuses on principles of accounting, money & banking systems, economic theory, knowledge about business, micro & macroeconomics, management, etc. MCom is one of the most common career options after b.com.
MBA is a popular choice among courses after BCom. You can enroll in various specializations in MBA. However, an MBA in Finance is the most common choice among students. There are several other specializations, you chose as per your interest. An MBA educates students about intricate concepts of management studies and business administration.
The Chartered Financial Analyst (CFA) course is one of the most reputed professional courses after BCom. CFA is a globally recognized professional program offered by the CFA Institute. This program certifies professionals in the field of financial analysis. It covers the fundamentals of investment tools, asset valuation, and portfolio and wealth management. CFA is one of the best careers after BCom.
The business accounting & taxation program is scrupulously designed for industry experts to develop and groom business accounting and taxation students and make them job-ready.
The BAT course emphasizes imparting both theoretical and practical experience to students and teaches them some of the most demanding tools & techniques of the taxation and accounting industry.
One of the most prestigious courses after BCom is a Chartered Accountant (CA). This program is offered by the Institute of Chartered Accountants of India (ICAI) and is punctiliously designed for developing accounting professionals.
The CA course is also considered one of the toughest courses but once cleared it’s a rewarding career after BCom. The salary of a CA is extremely fascinating which makes it one of the highest-paying professions in the commerce domain.
Financial risk management is one of the excellent courses after BCom. It is more suitable for those who wish to build a career in banking & finance. This course is offered by the Global Association of Risk Professionals (GARP). Students learn the principles, tools, and techniques used in the risk management industries for handling various kinds of risk. FRM is an exciting career after BCom.
Another best option among the courses after BCom is company secretary (CS). The company secretary course is offered by the Institute of Company Secretaries of India (ICSI). This professional course is designed to prepare students for handling the legal matters of an organization. Students learn topics like company law, corporate accounting, management ideologies, etc.
Bachelor of Education (B.Ed.) is one of the best courses after BCom. This course aims at developing students for a career in the education field. It prepares students for education careers by teaching at secondary and higher secondary divisions.
This is one of the best career options for commerce students who wish to join the teaching profession. This course aims at developing students for a career in the education field. It prepares students for education careers by teaching at secondary and higher secondary divisions. This is one of the best career options for commerce students who wish to join the teaching profession.
The commerce domain is one of the dynamic fields. It covers numerous career options and job profiles for students where they can frame their careers. There are various career options for students after pursuing BCom.
Career | Job Description | Qualification & Skills Required | Average Salary (INR) |
Chartered Accountant (CA) | Undertaking financial audits Managing the budget of the organization Liaising with clients, individuals, and businesses Maintenance and preparation of accounting records | 10+2 or graduation in the commerce discipline Strong analytical skills Problem-solving skills Numerical ability | 7 LPA |
Company Secretary (CS) | Keeping record of the legal works Scheduling and regulating company meetings Maintaining company records Commanding over corporate governance | 10+2 or graduation in a relevant discipline Legal and financial skills Good communication skills Organizational skills | 6 LPA |
Chartered Financial Analyst (CFA) | Operating and executing assigned business projects Reviewing and analyzing the different aspects of business Meeting with company officials to identify business needs and goals Assisting companies in optimizing and improving their business models | Bachelor’s degree in commerce or related discipline Critical thinking ability Problem-solving skills Analytical ability | 4.5 LPA |
Financial Risk Manager (FRM) | Analyzing and identifying the earning capacity of a business Managing risks arising from trading and other financial activities Predicting changes in the work environment Analyzing financial market and their conditions | Relevant degree in commerce discipline Industry and market knowledge Analytical thinking Communication skills | 9 LPA |
Business Accountant | Answering questions about specific subjects Providing solutions to problems Ensuring that the information provided is correct Clearing the doubts of the students | Relevant degree from a recognized university Project management skills Communication skills Analytical thinking | 12 LPA |
Subject Matter Expert (Commerce) | Performing costing services Overseeing cost expenditures and purchases within the organization Recording financial data and preparing costing plans Recommending financially feasible cost options | Relevant degree in commerce discipline Impeccable knowledge of commerce subjects Critical thinking ability Problem-solving skills | 4.9 LPA |
Cost Management Accountant (CMA) | Graduation degree in a relevant discipline from a recognized university Analytical ability Leadership skills Communication skills | 10+2 or graduation from a recognized institute Good knowledge of the finance sector Attention to details Communication and interpersonal skills | 7.1 LPA |
Investment Banker | Assisting organizations in attaining capital financing Advising clients on investment opportunities Performing financial research Developing financial models | Monitoring and regulating bank activities Cash, credit, and debt Management Issuing checkbooks, demand drafts, and ATM cards Rectification of undue charges | 12 LPA |
Certified Financial Planner | Preparing sound financial plans to meet client’s goals Providing professional advice regarding investments Assisting with financial models and business strategies Analyzing and identifying risks, rewards, and opportunities of an organization | Operating and executing assigned business projects Reviewing and analyzing the different aspects of business Meeting with company officials to identify business needs and goals Assisting companies in optimizing and improving their business models | 4.81 LPA |
Business Consultant | Monitoring and regulating bank activities Cash, credit, and debt Management Issuing chequebooks, demand drafts, and ATM cards Rectification of undue charges | Relevant degree from a recognized university Project management skills Communication skills Analytical thinking | 12 LPA |
Civil Services | Administering the state and government units Providing advice to government ministers Implementing and regulating laws Promoting friendly relations among citizens | Graduate degree in any discipline from a recognized university Leadership skills Strong communication skills Decision-making ability | 10 LPA |
IBPS PO | Monitoring and regulating bank activities Cash, credit, and debt Management Issuing cheque books, demand drafts, and ATM cards Rectification of undue charges | Bachelor’s degree from a recognized university Good communication skills Analytical thinking Numerical ability | 6 LPA |
Salary Source: Glassdoor, Ambitionbox, Payscale
The chartered accountant (CA) is one of the most prestigious careers after BCom. The primary responsibilities of a chartered accountant involve budgeting, auditing, taxation, analyzing risk, preparing accounting information, and maintaining accounting records. The scope of work is wide-ranging from working independently in a CA firm to a corporate job.
The salary of a chartered accountant ranges from 2.5 lakhs per annum to 15 lakhs per annum. The salary scale generally depends on the experience of the candidate. However, the average salary of a CA is INR 7 lakhs per annum.
Another common and rewarding career after BCom is company secretary. The role of a company secretary involves auditing the company’s tax returns, maintaining its books of accounts, and providing legal and financial advice to the board of directors. As a qualified company secretary, one can find positions in the private/public sectors, banks, and financial institutions.
A CS fresher can earn a salary of 2.8 lakhs per annum which can increase up to 16.9 lakhs per annum. The average salary of a company secretary is around 6 lakhs per annum.
Chartered Financial Analyst (CFA) requires an in-depth study of equity, investment, risk management, and ethics. A chartered financial analyst is responsible for making sound decisions relating to the finance and accounting of an organization. These professionals perform credit analysis & financial planning and manage the company’s relationship with its members. Many students also get confused about choosing CFA or CA as a career after BCom.
The salary of a CFA ranges from 4 lakhs per annum to 18 lakhs per annum with an average salary of 10 lakhs per annum. However, CFA students can start working after level 1 too. The average salary of CFA level 1 is around 4.5 lakhs per annum.
One of the enticing careers after BCom is to become a Financial Risk Manager (FRM). It is a globally recognized job. Financial risk managers research and identify threats to a company’s assets, analyze business risks, and provide solutions and recommendations for minimizing the risks. They also develop strategies for combating the fluctuations in the market.
An FRM fresher can earn an average salary of 3 lakhs per annum which increases to 24.3 lakhs per annum. The average annual salary of an FRM official is around 9 lakhs.
If you’re interested in accounting, business accounting and taxation (BAT) is a great option for you. A BAT-certified professional is equipped with the essential knowledge and skills to manage different departments of an organization including sales, accounting, and taxation. You can opportunity to work in top accounting firms. It offers a great career after BCom.
A fresher business accountant can earn around 8 lakhs per annum. While with gained experience and knowledge one can earn up to 31 lakhs per annum. The average salary of a business accountant is around 17 lakhs per annum.
After completing your BCom, you can work part-time or full-time as a Q&A expert at Chegg. You can use your knowledge in commerce or accounting to solve problems for students across the world. Chegg is one of the largest e-learning platforms offering multiple educational services. As an expert, you have to answer questions posted by students worldwide on the Chegg platform. You get paid for each correct answer you provide.
Your salary as an expert depends on the number of questions you answer. Top experts at Chegg earn up to ₹1 lakh per month.
A Cost Management Accountant (CMA) is responsible for managing the business costs and pricing of goods and services. These professionals develop costing standards for materials and labor and design and implement cost accounting systems. Cost management accountants are also responsible for supervising the annual physical inventory.
The salary of a CMA official ranges from 3.4 lakhs per annum to 12.7 lakhs per annum. A candidate’s salary is stipulated based on his competency and efficiency in work. The average salary of a cost management accountant is around 7.1 lakhs per annum.
Related Read: B.COM Resume Guide for Freshers
Investment banking deals with raising capital for corporations, governments, and other financial entities. The responsibilities of an investment banker involve issuing and selling securities to raise clients’ capital. They conduct research and valuations for executing financial deals. They also advise their clients on investment opportunities. It is one of the best career options for BCom graduates.
An investment banker can earn a starting salary of 2 lakhs per annum which can increase up to 46.8 lakhs per annum. This generally depends on the work and performance of the candidate however the average salary of an investment banker is around 12 lakhs per annum.
A certified financial planner is one of the intriguing jobs for BCom graduates. This course is best suited for students who wish to build a career in financial planning. CFPs are responsible for analyzing clients’ financial statuses, examining & suggesting financial opportunities, and developing effective plans & budgets for clients. CFP is one of the most intriguing careers after BCom.
The salary of a certified financial planner ranges between 2.28 lakhs per annum to 9.59 lakhs per annum with an average salary of 4.81 lakhs per annum. The salary scale increases with the candidate’s experience in the field.
Business consultants organize and execute assigned business projects of a company according to its requirements. These professionals meet with company executives to identify organizational needs and goals. A business consultant is one of the most sought-after careers after BCom. They analyze and submit regular reports about company health and progress. They also provide recommendations for improvements in the business.
A business consultant can earn a salary of 2.6 lakhs per annum as a fresher. With experience and improved knowledge, the candidate can get a salary package of around 22 lakhs per annum. However, the average salary of a business consultant is 12 lakhs per annum.
BCom graduates also enjoy a scope in the government sector. Here are some popular government jobs after BCom:
The civil service job is the most prestigious government job in India. The Union Public Service Commission (UPSC) conducts the civil services exam. Under UPSC you can get the opportunity to serve the nation. The main posts are the Indian Administrative Service (IAS), the Indian Police Service (IPS), and the Indian Foreign Service (IFS). The responsibilities of a civil servant include maintaining legal conduct over the nation and ensuring public welfare.
The salary of civil servants is prescribed by the 7th Pay Commission. The salary scale generally depends on the post and responsibilities of the officials however the average salary of a civil servant is around 10 lakhs per annum.
The IBPS PO exam is conducted by the Institute of Banking Personnel Selection (IBPS) for recruiting probationary officers and other banking positions. This is one of the best government jobs after BCom. A probationary officer is responsible for administering banking operations, supervising clerk work, and taking initiatives for growing the banking business. The work of the probationary officers is analyzed by superiors during the probationary period and are made permanent officers if the POs perform well.
The starting salary of a probationary officer is 2 lakhs per annum which can increase up to 10.5 lakhs per annum. The average salary of a probationary officer is around 6 lakhs per annum.
There are many more government jobs for students after pursuing BCom. You can frame an exhilarating career after BCom through these jobs.
Related Article: Career Options for Commerce Students
A career after BCom is highly enriching. There are immense career opportunities for students after pursuing their graduation in BCom. There are lots of diplomas, professional, and certification courses available for students that can enhance their knowledge and skills after BCom and make them proficient and ready for industry roles. The jobs after BCom are also highly fascinating. There are several top-notch positions in the private as well as government sectors for BCom graduates. BCom graduates gain exciting earnings from these jobs.
If you are thinking about the career scope and jobs after BCom, don’t worry, there are some amazing opportunities! If you give your best to the career path you choose, you can have a prosperous future ahead. All the best! also read Accountant Interview Questions and Answers in 2024.
Ans. As a B.Com graduate, there are a plethora of career options for you. You can choose to become a Chartered Accountant, Company Secretary, Chartered Financial Analyst, Business Analyst, or venture into Investment Banking. You can also opt for a government job after BCom and apply for UPSC, SSC CGL, SSC CHSL, IPBS, SBI PO, SBI Clerk, etc.
Ans. There are various high-paying jobs that you can go for after pursuing BCom. There are also numerous government exams that you can apply for like UPSC, SSC CGL, SSC CHSL, IPBS, SBI PO, SBI Clerk, etc. BCom also opens doors to various high-paying jobs in accounting and finance in the private sector.
Ans. Yes, you can get a good job and pursue a fulfilling career after B.Com. You can choose from an array of promising profiles like Chartered Accountant, Company Secretary, Investment Banker, Financial Analyst, and Business Analyst to name a few. Graduation in B.Com also opens doors to various high-paying government jobs.
Ans. There are various high-paying jobs after BCom in both, the private and public sectors. Talking of the private sector, the job of a Chartered Accountant is one of the highest-paying jobs. There are also various high-paying government jobs like UPSC and Bank PO that one can go for after pursuing BCom.
Ans. With a B.Com degree, you can get government jobs in banking, finance, management, and defense, but you’ll need to pass a competitive exam first.
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