Exploring Career Opportunities After B.Com: What Every Graduate Should Know

Understanding Career opportunities after bcom? – Meaning

Bachelor of Commerce (BCom) is one of the most popular graduation courses among commerce students. Designed for those aiming for careers in finance and accounting, it offers a solid foundation. If you’re unsure about the best course after BCom, your career opportunities after BCom, or what to do next, you’re in the right place!

The BCom program provides excellent career opportunities for those interested in the commerce field. There are numerous courses after BCom that can broaden your job prospects. Additionally, jobs after BCom are attractive due to their reputation and salary packages.

In this article, we’ll 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.

Career Opportunities after bcom

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	Financial Statement Analysis  Economics  Financial Reporting & Analysis  Ethical & Professional Standards  Quantitative Methods
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 minimum 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

1. Career Opportunities after bcom – Masters in Commerce (MCom)

MCom is a specialized degree that benefits students who want to focus on gaining academic depth in commerce. This course mainly focuses on areas like 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.  

Duration 

2 Years  

Eligibility 

• Graduation in BCom or related discipline from a recognized university 
• A minimum aggregate of 50% is required 
• BBA, Economics(H), BBE or BFIA students are also eligible provided they secure a minimum aggregate of 60% 

Subjects 

• Economic Analysis 
• Organizational Behavior 
• Financial Management & Policy 
• Statistical Analysis 
• International Business 

2. Career Opportunities after bcom – Master of Business Administration (MBA)

MBA is a popular choice among courses after BCom. You can enroll in various specializations in MBA. However, MBA in Finance is the most common choice among students. There are several other specializations, you chose as per your interest. An MBA focuses on educating students about intricate concepts of management studies and business administration.  

Duration 

2 Years  

Eligibility 

• Bachelor’s degree in any discipline from a recognized university 
• A minimum aggregate of 50% – 60% is required 
• Entrance exams are to be cleared 

Subjects 

• Marketing Research 
• Financial Management 
• Human Resource Management 
• Operations Management 
• Corporate Finance 

3. Career Opportunities after bcom – Chartered Financial Analyst

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 develops certifies professionals in the field of financial analysis. It covers the fundamentals of investment tools, assets valuation, and portfolio & wealth management. CFA is one of the best careers after BCom.  

Duration 

2.5 Years  

Eligibility 

• 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 

Subjects 

• Financial Statement Analysis 
• Economics 
• Financial Reporting & Analysis 
• Ethical & Professional Standards 
• Quantitative Methods 

4. Career Opportunities after bcom – Business Accounting and Taxation (BAT)

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.  

Duration 

6 Months  

Eligibility 

• Candidates must pass the 10+2 examination with Accounts as the main subject 
• Bachelor’s degree in the commerce discipline 
• Minimum aggregate of 50% in Graduation 

Subjects 

• Auditing 
• Goods & Service Tax (GST) 
• Expense & Purchase Processes 
• Flow of Transactions 
• Accounting for TDS 

5. Career Opportunities after bcom – Chartered Accountancy

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.  

Duration 

4.5 Years  

Eligibility 

• 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 minimum 55%  

Subjects 

• Principles & Practices of Accounting 
• Business Mathematics 
• Business Law & Business Correspondence 
• Business Economics 
• Financial Reporting 

6. Career Opportunities after bcom – Financial Risk Management (FRM)

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.  

Duration 

1 – 2 Years  

Eligibility 

• Candidates must pass the 10+2 examination 
• Graduation in any related discipline from a recognized university 
• The FRM exam is required to be cleared 

Subjects 

• Foundations of Risk Management 
• Financial Markets & Products 
• Operational Risk & Resiliency 
• Market Risk Measurement & Management 
• Valuation & Risk Models 

7. Career Opportunities after bcom – Company Secretary (CS)

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 for preparing students for handling the legal matters of an organization. Students learn topics like company law, corporate accounting, management ideologies, etc.  

Duration 

2 Years  

Eligibility 

• 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 

Subjects 

• Business & Corporate Laws 
• Fundamentals of Accounting & Auditing 
• Business Economics & Business Correspondence 
• Entrepreneurship 
• Tax Laws 

8. Career Opportunities after bcom – Bachelor of Education (B.Ed.) 

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 the education career 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 the education career 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. 

Duration  

2 Years 

Eligibility 

• Graduation in any discipline from a recognized university 
• A minimum aggregate of 50% is required 
• Entrance exams might have to be cleared in some cases 

Subjects 

• Learning & Teaching – Practical  
• ICT and Pedagogy 
• Primary School Engagement 
• Introduction to Information and Communication Technology 
• Pedagogy of school subjects like English, Science, Mathematics, etc.

Job Opportunities after BCom

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 Opportunities after bcom: A Glimpse

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)	Undertaking decisions relating to companies, stocks, and industries  Working with senior officials on risk management  Analyzing data and preparing budgets  Evaluating financial health of an organization	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	Operating and executing assigned business projects  Reviewing and analyzing the different aspects of business  Meeting with company officials for identifying business needs and goals  Assisting companies in optimizing and improving their business models	Relevant degree from a recognized university   Project management skills   Communication skills   Analytical thinking	12 LPA
Subject Matter Expert (Commerce)	Answering questions about specific subjects  Providing solutions to problems  Ensuring that the information provided are correct  Clearing the doubts of the students	Relevant degree in commerce discipline    Impeccable knowledge of commerce subjects   Critical thinking ability   Problem-solving skills	4.9 LPA
Cost Management Accountant (CMA)	Performing costing services  Overseeing cost expenditure and purchases within the organization  Recording financial data and preparing costing plans  Recommending financially feasible cost options	10+2 or Graduation in science or commerce discipline   Strong accounting knowledge   Organizational skills   Problem-solving skills	7.1 LPA
Investment Banker	Assisting organizations in attaining capital financing  Advising clients on investment opportunities  Performing financial research  Developing financial models	Graduation degree in relevant discipline from a recognized university   Analytical ability   Leadership skills   Communication skills	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	10+2 or graduation from a recognized institute   Good knowledge of finance sector   Attention to details   Communication and interpersonal skills	4.81 LPA
Business Consultant	Operating and executing assigned business projects  Reviewing and analyzing the different aspects of business  Meeting with company officials for identifying business needs and goals  Assisting companies in optimizing and improving their business models	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 

1. Chartered Accountant (CA)

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.   

Job Description 

• Undertaking financial audits 
• Managing the budget of the organization 
• Liaising with clients, individuals, and businesses 
• Maintenance and preparation of accounting records 

Qualifications & Skills Required 

• 10+2 or graduation in the commerce discipline  
• Strong analytical skills  

• Problem-solving skills  
• Numerical ability  

Salary 

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. 

2. Company Secretary (CS)

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.   

Job Description 

• Keeping record of the legal works 
• Scheduling and regulating company meetings 
• Maintaining company records 
• Commanding over corporate governance  

Qualifications & Skills Required 

• 10+2 or graduation in a relevant discipline  
• Legal and financial skills  
• Good communication skills  

• Organizational skills  

Salary 

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. 

3. Chartered Financial Analyst (CFA)

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.   

Job Description 

• Undertaking decisions relating to companies, stocks, and industries 
• Working with senior officials on risk management 
• Analyzing data and preparing budgets 
• Evaluating financial health of an organization 

Qualifications & Skills Required 

• Bachelor’s degree in commerce or related discipline  
• Critical thinking ability  
• Problem-solving skills  
• Analytical ability  

Salary 

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.  

4. Financial Risk Manager

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.   

Job Description 

• 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 

Qualifications & Skills Required 

• Relevant degree in commerce discipline   
• Industry and market knowledge  
• Analytical thinking  
• Communication skills 

Salary 

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. 

5. Business Accountant

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.   

Job Description 

• Managing all accounting transactions 
• Preparing budget forecasts 
• Computing taxes and preparing tax returns 
• Managing balance sheet and Profit & Loss statements 

Qualifications & Skills Required 

• Relevant degree in the accounting field  
• Good communication skills  
• Problem-solving skills  
• Analytical ability  

Salary 

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. 

6. Subject Matter Expert in Commerce

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.   

Job Description 

• Answering questions about specific subjects 
• Providing solutions to problems 
• Ensuring that the information provided are correct 
• Clearing the doubts of the students 

Qualifications & Skills Required 

• Relevant degree in commerce discipline   
• Impeccable knowledge of commerce subjects  

• Critical thinking ability  
• Problem-solving skills 

Salary 

Your salary as an expert depends on the number of questions you answer. Top experts at Chegg earn up to ₹1 lakh per month.

7. CMA

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.  

Job Description 

• Performing costing services 
• Overseeing cost expenditure and purchases within the organization 
• Recording financial data and preparing costing plans 
• Recommending financially feasible cost options 

Qualifications & Skills Required 

• 10+2 or Graduation in science or commerce discipline  
• Strong accounting knowledge  
• Organizational skills  
• Problem-solving skills  

Salary 

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

8. Investment Banker

Investment banking deals with raising capital for corporations, governments, and other financial entities. The responsibilities of an investment banker involve issuing and selling securities for raising 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.   

Job Description 

• Assisting organizations in attaining capital financing 
• Advising clients on investment opportunities 
• Performing financial research 
• Developing financial models 

Qualifications & Skills Required 

• Graduation degree in relevant discipline from a recognized university  
• Analytical ability  
• Leadership skills  
• Communication skills 

Salary 

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. 

9. Certified Financial Planner

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.   

Job Description 

• 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 

Qualifications & Skills Required 

• 10+2 or graduation from a recognized institute  
• Good knowledge of finance sector  
• Attention to details  
• Communication and interpersonal skills  

Salary  

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. 

10. Business Consultant 

Business consultants organize and execute assigned business projects of a company according to its requirements. These professionals meet with company executives for identifying 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.   

Job Description 

• Operating and executing assigned business projects 
• Reviewing and analyzing the different aspects of business 
• Meeting with company officials for identifying business needs and goals 
• Assisting companies in optimizing and improving their business models 

Qualifications & Skills Required 

• Relevant degree from a recognized university  
• Project management skills  
• Communication skills  
• Analytical thinking  

Salary

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.  

Government Jobs After BCom

BCom graduates also enjoy a scope in the government sector. Here are some popular government jobs after BCom:  

1. UPSC

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.  

Job Description 

• Administering the state and government units 
• Providing advice to government ministers 
• Implementing and regulating laws 
• Promoting friendly relations among citizens 

Qualifications & Skills Required 

• Graduate degree in any discipline from a recognized university  
• Leadership skills  
• Strong communication skills  
• Decision-making ability  

Salary 

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. 

2. IBPS PO

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.  

Job Description 

• Monitoring and regulating bank activities 
• Cash, credit, and debt Management 
• Issuing cheque books, demand drafts, and ATM cards 
• Rectification of undue charges 

Qualifications & Skills Required 

• Bachelor’s degree from a recognized university  
• Good communication skills  
• Analytical thinking  
• Numerical ability  

Salary 

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

Starting a Career after BCom

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 chose, you can have a prosperous future ahead. All the best! also read Accountant Interview Questions and Answers in 2024.

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