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Career Options After BCom Honors

Career Options After BCom Honors

The Bachelor of Commerce (Honours) is one of the most popular undergraduate programs in Commerce. The Bachelor of Commerce (Honours) focuses on skills that are important for business and management careers.

 Saurav Anand
 Saurav Anand 08/04/2022
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless more

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An Overview of Career Options After BCom Honors

The Bachelor of Commerce (Honours) is one of the most popular undergraduate programs in Commerce. The Bachelor of Commerce (Honours) focuses on skills that are important for business and management careers. Undergraduate marketing education follows the conventional model. To find employment opportunities in the field of their interest, applicants will choose specializations in the final year of the degree program. In general, a B.Com degree program is a three-year degree program with no specialization. In the B.Com degree, the same courses are also covered, along with a specialization Hons.

Bachelor of Commerce with Honours is also known as B.Com Hons. The course is a specialized undergraduate degree course in commerce (business). Admission requirements and the fee for B.Com. The honors program varies from college to college. Some colleges offer entrance examinations, whereas others rely solely on merit to provide admissions.

Wikipedia defines an honours degree as “most often referring to a variant of an undergraduate bachelor’s degree that contains more material or requires a higher standard of study, rather than an “ordinary,” “general,” or “pass” bachelor’s degree.”

There are six semesters in the curriculum for the B.Com Honours course, which lasts three years. Students learn business economics, accounting, costing, macroeconomics, and much more in this course. Those who complete an Honours Bachelor of Commerce have a breadth of job possibilities in finance and accounting, business consulting, tax consulting, and other related fields in almost any private or public organization.

Eligibility for B.Com. Hons

  • A candidate should have completed 10+2 or an equivalent examination in any stream from a recognized school board.
  • A student must have studied and passed at least one of the following subjects: Accounting, Business Studies, Economics or Mathematics at an intermediate level.

BSc honours subjects

B.Com Hons students are required to complete many subjects related to accounting, finance, banking, research, and development. The course contains some subject material from undergraduate degrees, such as B.Com Honours, as well as some new topics. Here are some of the subjects included in the B.Com Hons curriculum

Core Subjects:

  • Corporate Accounting
  • Corporate Law
  • Income Tax Law and Practice
  • Cost Accounting
  • Business Mathematics

Elective Courses:

  • E-Commerce
  • Entrepreneurship
  • Microeconomics
  • International Business
  • Fundamentals of Investments

Course Structure for B.Com Honours

A B.Com Honours curriculum is divided into core and elective subjects, as well as projects, vivas, and assignments. It consists of indirect tax, cost accounting, and business mathematics and has been divided into six semesters. We cover indirect taxation, international business, and much more. The following are some details about the B.Com Hons course:

  • IV Semesters
  • Core and Elective subjects
  • Internship
  • Final Research Project
  • Viva

What are the benefits of a B.Com Hons Course?

One can pursue further studies such as a Master’s degree in Business Administration or a Master’s degree in Finance or Accountancy. Both the government and the private sector offer employment opportunities in banking, finance, auditing, or accounting after the completion of the B.Com program.

Bachelor of Commerce (Hons) degree holders can also apply for various jobs in banks and financial institutions.

A Bachelor’s Degree in Commerce prepares a graduate for a wide variety of careers dealing with the flow of money from accountant to investment banker, personal finance consultant to money manager.

With a B.Com (Hons) degree, a student can study for Chartered Accountancy and Company Secretary-ship.

B.Com. Hons Employment Areas

  • Various Corporate Sectors (Marketing and Accounts Sections)
  • Finance, Commerce and the Banking Sectors
  • Research Associates with Economic Consulting Firms
  • Economic Consulting Jobs
  • Customs Department
  • Import/Export Companies
  • B.Com. Hons Job Types
  • Accounts Assistant            
  • Assistant Accountant           
  • Accountant
  • Business Analyst
  • Cashier/Teller
  • Corporate Analyst
  • Executive Assistant
  • Finance Manager  
  • Financial Analyst
  • Investments Analyst
  • Investment Banker
  • Market Analyst
  • Marketing Manager
  • Money Manager
  • Operations Manager
  • Personal Finance Consultant
  • Risk Analyst
  • Securities Analyst
  • Senior Accountant

Why study B.Com. Hons?

There are many work opportunities available for people who are interested in commerce and business. The Bachelor of Business Administration (Honours) degree provides a promising future with many opportunities.  

After B.Com Hons., what?

After completing a Bachelor of Commerce (Honours) degree, students have two main options:

Following completion of a Bachelor of Commerce (Honours) degree, students will begin working in entry-level positions in their respective fields. Upon gaining a few years of work experience, they will pursue a master’s degree in the relevant field.

The second option is for individuals who obtain a B.Com Hons to pursue a postgraduate degree in the related field without skipping a semester of college. Students can choose from M.Com (Master of Commerce), B.Ed (Bachelor of Education), LLB (Bachelor of Legislative Law), or MBA (Master of Business Administration).

Career Opportunities after B.Com Hons

Those with a B.Com Hons degree have access to a range of career opportunities around the globe. In addition to the education sector, the banking sector, the financial sector, and the insurance sector are among the most common occupations.

Chartered Accountants provide financial services to a wide range of clients, from large corporations to government agencies to small businesses and individuals. A licensed accountant handles an organization’s financial records, tax obligations, and finances. As well as dispute resolution, chartered accountants may help with bankruptcy avoidance.

A marketing manager is someone who handles the marketing of an organization or a product. An individual may be in charge of many programs or products, or he or she may be in charge of just one. New products or services are sold according to a marketing manager’s determination. Frequently, he or she will negotiate, schedule, and change advertising campaigns and sales contracts.

An accountant manages the financial records of a number of small to medium-sized businesses. Accountants are responsible for managing a company’s bookkeeping and writing accounting records including benefit and expense accounts, balance sheets, and other financial reports. Accounting deals with the financial aspects of a company or organization, such as calculating wages and helping with payroll.

Recruiters at the top

Individuals with a B.Com Hons degree have numerous career opportunities ahead of them. There is high job growth for graduates with a bachelor’s in commerce honours, and salaries are competitive. There are numerous job profiles available for them. The following are the top recruiters recruiting B.Com Hons graduates.

Salary offered to freshly graduated B.Com Hons students can vary based on their college, skills, knowledge, job role, and organization. In addition to the salary remuneration factors, there are others. According to various job profiles, we have provided below details regarding B.Com Honors salary.

Job Profile and Salary

  • Business Analyst- Rs. 354,534 per annum
  • Financial Analyst- Rs. 340,688 per annum
  • Stockbroker- Rs. 300,000 per annum
  • Account Manager- Rs. 398,973 per annum
  • Bank PO- Rs. 27620 per month
  • Bank Clerk- Rs. 23700 per month
  • Risk Analyst- Rs. 386,565 per annum

Areas of employment

Those who earn a bachelor’s in commerce with honors can choose from a variety of job opportunities. Students who earn a B.Com honors can find multiple job profiles in varying industries. Banks, business consultancies, stock trading companies, brokerage firms, foreign trade, budget planning, policy planning, inventory control, and academic institutes offer numerous employment opportunities.

Government Jobs For B.Com Honours Students

Most government organizations in India value and respect B.Com honours graduates highly. B.Com Hons graduates in India, in the government sector, have a wide range of job opportunities and are highly rewarded. Additionally, government sector graduates can also expect a good salary after B.Com Honours. Following are some of the top government jobs for B.Com degree holders:

Top B.Com Honours Government Jobs in India and Salary

Reserve Bank of India- RBI Grade officer- INR 6.5 LPA

State Bank of India- Clerk- INR 3 LPA

Indian Railway- Accounts Executive- INR 5 LPA

The following are some of the best government jobs for B.Com honours graduates in India:

  • Financial Analyst
  • Operations Manager
  • Accountant
  • Financial Controller

Job Opportunities for B.Com Honours Students

Job openings in the private sector for B.Com honours graduates are ample, as are those in the government sector. These jobs are offered by various reputable private sector employers. Some of the companies in the private sector in India that hire B.Com Honours graduates are:

Top B.Com Honours Private Jobs in India and Salary

ICICI Bank- Accountant- INR 4 LPA

Bhavan’s College of Commerce- Accounts Professor- INR 5 LPA

Ashirwad Exim Pvt Ltd- E-Commerce Manager- INR 4 LPA

In the private sector, there are also job openings for B.Com honours in India:

  • Chartered Accountant
  • Finance Manager
  • Executive Assistant
  • Financial Risk Manager

Opportunities Abroad For B.Com Honours Students

In India and abroad, there is a wide range of job opportunities for those who have studied B.Com Honours. Following is a sample of some of the best salary packages for B.Com Honours students with better employment prospects:

  • Accountant
  • Finance Manager
  • Financial Risk Manager
  • Accounts Executive
  • Business Analyst
  • Top Companies

The following is a list of top international companies that hire B.Com honours students:

  • Genpact
  • Accenture
  • E&Y
  • JP Morgan
  • Deloitte
  • American Express

Best Countries

Below is the list of some of the best countries in the world which offer job opportunities to B.Com Honours Graduates: 

  • Canada
  • UK
  • USA
  • Australia
  • New Zealand

Students with a B.Com Honours degree can take numerous career paths abroad

Graduates of the B.Com Honours degree have good prospects and opportunities for career advancement, along with a decent salary package after completing the course. There are many excellent jobs available to graduates of the B.Com honours to work abroad, including:

  • Accountant
  • Accounts Executive
  • Accounts Assistant
  • Finance Executive
  • Tax Consultant

Frequently Asked Questions

Q1.Which job is best after BCom Hons?

 Ans. The best careers for those with a B.Com

  1. Master of Business Administration (MBA)
  2. Chartered Accountancy (CA)
  3. Company Secretary (CS)
  4. Master of Commerce (M.Com)
  5. Chartered Financial Analyst (CFA)
  6. Business Accounting and Taxation (BAT)
  7. Certified Management Accountant (CMA)
  8. US Certified Public Accounting (CPA)
  9. Financial Risk Manager (FRM)
  10. Association of Chartered Certified Accountants (ACCA)
  11. Certified Financial Planner
  12. Certificate in Investment Banking (CIB)
  13. Bachelor of Education (B.Ed)
  14. Digital Marketing

Q2. The BCom Hons can be used in a variety of ways, but what can we do with it?

Ans. Across sectors such as finance, economics, banking, and corporate, there is a wealth of opportunity. 

Q3. What is the value of a BCom Hons degree?

Ans. In the field of Chartered Accountancy, B.Com (Hons) is highly relevant, since it is more in-depth and business-oriented.

Q4. Upon graduating from B.Com Hons, can I find a job?

Ans. BCom (Hons) is one of the most professional courses in the field of commerce that many students pursue to become an Accountant, Tax Specialist, Investment Banker, Financial Consultant, and to pursue other similar roles.

Q5. How much is the salary of a B.Com Honours student?

Ans. Salaries for Tax Consultants range between Rs 4.5 lakh and Rs 5.5 lakh per year

 Q6. BCOM: Is it good for the future?

Ans. B.Com. is popular among students for many reasons. In addition to being one of the most affordable graduate courses, it also provides good career opportunities. There are no hidden costs in this degree course. The fee range for most B.Com degree courses today is between INR 10,000 and INR 50,000.

Q7. Is there a job in commerce with the largest salary?

Ans. In the Commerce sector in India, these are the 10 highest-paying jobs

  • Chartered Financial Analyst.
  • Certified Public Accountant. 
  • Actuary. 
  • Cost Accountant. 
  • Professional Accountant. 
  • Retail Manager. 
  • Company Secretary. 
  • Personal Financial Advisor.

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