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CAREER
OPTIONS AFTER
B.COM
Traditional career paths for b.com graduates
Chartered accountancy (CA)
Company Secretary (CS)
Cost and management accountancy (CMA)
Masters of Business Administration(MBA)
Post Graduation (M.com)
1) Chartered accountancy
• Path- After completing B.com with a minimum of 60% one
can directly give IPCC CA Intermediate exams which has
two groups which can be given in a single attempt or can
be given separately.
Internship duration – 1.5 years
Finally, One needs to clear CA final exams within 6 months
after internship to become a chartered accountant.
CA is an exam which has no fixed no. of attempts .
Pass marks – Aggregate 50% and minimum 30%(each
subject)
Role - Becoming a Chartered Accountant (CA) is a
prestigious career choice. CAs are responsible for auditing
financial statements, providing financial advice, and
ensuring compliance with tax laws.
They are capable for expert level services in the fields of
General management, Personnel management, Financial
management, Operations management, HR management
They deal with core areas of accounting, auditing, taxation
• Average Income Fresher – Rs.6 to 9 Lakhs per annum
It can go up to Rs.20-25 lakhs per annum for experienced
professionals
2) Company Secretary
• Path – You can register with ICSI to pursue the CS after
BCom course.
The CS course comprises three levels - Foundation,
Executive, and Professional. Each level has a set of subjects
that you need to study and clear the exams for.
You can appear for the exams in either June or December
every year. The exams are conducted in online mode.
• Role - Chief advisor to the board of directors on best
practices in corporate governance.
• Responsible for all regulatory compliances of company.
• Corporate planner and strategic manager
Average Fresher Income – Rs.8 to 10 lakhs per annum
3) Cost and management accountancy (CMA)
• Path – After B.Com one can directly give intermediate
and final without foundation examination
Internship – 1.5 years
• Role - CMAs are experts in cost management,
financial planning, and decision-making. They
provide valuable insights to organizations on cost
optimization.
With expertise in corporate finance and
management accounting, a few common roles they
fill are financial analysts, risk managers, and cost
accountants.
• Average Fresher income – Rs.7 to 10 lakhs per annum
4) Masters of Business Administration(MBA)
• MBA is a versatile postgraduate degree that provides in-
depth knowledge of business management and
leadership.
• B.Com graduates seeking leadership roles in various
industries can benefit from the broad skill set offered by
an MBA.
• Path - MBA programs typically require a bachelor's
degree, work experience, and a competitive application
process.
• Average fresher income – Rs. 7 to 9 lakhs per annum
5) Masters of Commerce (M.Com)
• M.Com is a 2-year PG academic degree awarded to
students upon completion of a program focusing on
various aspects of Commerce and related subjects.
• The M.Com course curriculum includes common topics
like advanced financial management, business research
methods, international business, taxation, strategic
management, and more.
• Role – Adds up to job profiles such as Accountants,
Finance Executives, Business Analysts, Share Brokers
Emerging Career options for B.Com
graduates
Data Analytics
and
Business
Intelligence
E- Commerce
management
Digital
Marketing
Entrepreneurship
Financial
planning and
Wealth
management
Data Analytics and Business Intelligence
• Role - Data analysts and business intelligence
professionals collect, analyze, and interpret data to help
businesses make informed decisions.
• Path - Pursuing courses in data analytics and
programming languages like Python or R can prepare
B.Com graduates for this field.
• Scope - Data Analytics is extensively used in businesses to
optimize operations, improve customer experiences, and
make strategic decisions based on data-driven insights.
Digital Marketing
• Role - Digital marketers leverage online channels to promote
products and services, analyze marketing campaigns, and
optimize online presence.
• Path - Learning digital marketing strategies, SEO, content
creation, and social media management is essential for
success in this field.
• Scope - companies are staying current by adding online
components to their brick-and-mortar stores or combining
various digital marketing strategies to create an internet
presence. Nearly 77% of companies worldwide have already
adopted to the digital world
Financial planning and Wealth management
• Role - Financial planners and wealth managers help
individuals and businesses create investment strategies,
manage assets, and plan for financial goals
• Path - Obtaining certifications like Certified Financial Planner
(CFP) can enhance career prospects in this field.
• Scope - Banks recruit financial planning experts in a variety of
roles for the retail division and mutual funds wings. Financial
planning specialists are also hired by NBFCs (Non-Banking
Finance Companies), AMCs (Asset Management Companies),
and financial planning firms for a variety of positions.
Entrepreneurship
• Role - Entrepreneurs take the initiative to start and run
their own businesses, which can range from tech startups
to e-commerce ventures.
• Path - Entrepreneurship involves creating a business plan,
securing funding, and building a team, among other
aspects.
• Scope - Commerce subjects like economics, accounting
and business studies, really get along well with
entrepreneurship
Pursuing a B.Com degree opens up avenues for
specialization and further studies in areas of
E- Commerce management
• Role: E-commerce managers oversee online retail
operations, including inventory management, digital
marketing, and customer experience.
• Path: Gaining experience in e-commerce platforms and
digital tools is essential for success in this field
• Scope - The integration of Information and
Communications Technology (ICT) in business has
revolutionized relationships within organizations and
those between organizations and employees
Professional certified courses for B.Com
graduates
Certified
Public
Accountant
(CPA)
Certified
Financial
Planner
(CFP)
Financial
Risk
Manager
(FRM)
Chartered
Financial
Analyst
(CFA)
Certified Public Accountant
• The CPA credential is highly
respected in the field of
accounting and finance
worldwide.
• B.Com graduates with aspirations
in accounting, audit, or finance
can benefit greatly from a CPA
qualification.
• Path: To become a CPA, candidates
typically need to pass the CPA
exam, meet educational
requirements, and gain relevant
work experience.
Certified Financial Planner
• CFPs are experts in financial
planning and wealth management,
helping individuals and families
achieve their financial goals.
• B.Com graduates with a passion for
personal finance and financial
advisory can excel as CFPs.
• Path - Earning the CFP certification
typically involves completing a CFP
Board-registered education
program and passing the CFP exam.
Financial Risk Manager (FRM)
• FRMs specialize in risk management and are in high
demand in the finance and banking sectors.
• B.Com graduates interested in risk assessment and
financial markets can find the FRM certification beneficial.
• Path - To become an FRM, candidates must pass the FRM
exam and accumulate relevant work experience.
• Average income level – Rs. 6 lakhs per annum for entry-
level roles and can go up to Rs. 30 lakhs
Chartered Financial Analyst (CFA)
• CFAs are investment professionals who analyze
financial markets, manage portfolios, and make
investment decisions.
• B.Com graduates interested in investment analysis and
portfolio management can benefit from the CFA
program.
• Path: Becoming a CFA involves passing three levels of
exams, gaining relevant work experience, and
adhering to a strict code of ethics.
Soft Skills
and
Personal Development
for
BCom Graduates
1. Communication Skills: Effective communication is crucial in any
profession. It includes verbal, written, and non-verbal
communication. Join public speaking clubs, take writing courses,
and practice active listening. Seek opportunities to give
presentations and engage in group discussions.
2. Leadership and Teamwork: Leadership skills and the ability to
work collaboratively are highly valued in workplaces. Participate in
team projects, take on leadership roles in student organizations,
and attend leadership workshops or seminars.
3. Problem-Solving and Critical Thinking: Being able to analyze
complex problems and find creative solutions is a valuable asset.
Solve real-world business cases, engage in debates, and take
courses that encourage critical thinking. Read books on problem-
solving techniques.
4. Adaptability and Resilience: In a constantly changing business
landscape, adaptability and resilience are essential for success.
Take on new challenges, embrace change, and learn from failures.
Practice stress management techniques to enhance resilience.
5. Time Management and Organization: Efficiently managing time
and staying organized is vital for productivity. Use digital tools like
calendars and task management apps. Create to-do lists and
prioritize tasks to maximize efficiency.
6. Emotional Intelligence (EQ):It encompasses self-awareness,
empathy, and effective interpersonal relationships, which are
crucial in the workplace. Practice self-reflection, work on empathy,
and seek feedback from colleagues to improve emotional
intelligence.
7. Networking Skills: Building a professional network can open
doors to opportunities and career growth. Attend industry
events, join professional associations, and actively connect with
peers and mentors on LinkedIn.
8. Continuous Learning: Lifelong learning is essential to stay
updated in your field and remain competitive. Enroll in online
courses, attend workshops, and read industry publications to
stay informed about industry trends.
9. Personal Branding: Building a strong personal brand can help
you stand out and advance in your career. Create an online
presence through a personal website or LinkedIn profile. Share
your expertise by writing articles or participating in relevant
discussions.
Public sector Jobs for commerce students
IBPS PO - Rs.52,000
to 55,000 per month
UPSC Union
Public Service
Commission
Indian Railways
Commercial Tax
Officer – Rs. 10.5
lakhs per annum
LIC Assistant
administrative
officer - Rs 53,600
basic pay per
month
SBI clerk - Rs 29,000-
Rs 30,000 per month
Indian Revenue Officer
(IRS) - Rs. 56,100 –
1,77,500 per month
Income Administrative
Officer (IAS) - Rs 56,000 -
Rs 2,50,000 per month
Private sector Jobs for commerce students
Tax Consultant
Rs.5-6 LPA
Human Resource
Manager –
Rs. 5-8 LPA
Budget Analyst –
Rs. 10-12 LPA
Actuary -
Rs.7-9 LPA
Company Secretary –
Rs.5-7 LPA
Thank
you

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Career Options After B.com for commerce students

  • 2. Traditional career paths for b.com graduates Chartered accountancy (CA) Company Secretary (CS) Cost and management accountancy (CMA) Masters of Business Administration(MBA) Post Graduation (M.com)
  • 3. 1) Chartered accountancy • Path- After completing B.com with a minimum of 60% one can directly give IPCC CA Intermediate exams which has two groups which can be given in a single attempt or can be given separately. Internship duration – 1.5 years Finally, One needs to clear CA final exams within 6 months after internship to become a chartered accountant. CA is an exam which has no fixed no. of attempts . Pass marks – Aggregate 50% and minimum 30%(each subject)
  • 4. Role - Becoming a Chartered Accountant (CA) is a prestigious career choice. CAs are responsible for auditing financial statements, providing financial advice, and ensuring compliance with tax laws. They are capable for expert level services in the fields of General management, Personnel management, Financial management, Operations management, HR management They deal with core areas of accounting, auditing, taxation • Average Income Fresher – Rs.6 to 9 Lakhs per annum It can go up to Rs.20-25 lakhs per annum for experienced professionals
  • 5. 2) Company Secretary • Path – You can register with ICSI to pursue the CS after BCom course. The CS course comprises three levels - Foundation, Executive, and Professional. Each level has a set of subjects that you need to study and clear the exams for. You can appear for the exams in either June or December every year. The exams are conducted in online mode. • Role - Chief advisor to the board of directors on best practices in corporate governance.
  • 6. • Responsible for all regulatory compliances of company. • Corporate planner and strategic manager Average Fresher Income – Rs.8 to 10 lakhs per annum
  • 7. 3) Cost and management accountancy (CMA) • Path – After B.Com one can directly give intermediate and final without foundation examination Internship – 1.5 years • Role - CMAs are experts in cost management, financial planning, and decision-making. They provide valuable insights to organizations on cost optimization. With expertise in corporate finance and management accounting, a few common roles they fill are financial analysts, risk managers, and cost accountants.
  • 8. • Average Fresher income – Rs.7 to 10 lakhs per annum
  • 9. 4) Masters of Business Administration(MBA) • MBA is a versatile postgraduate degree that provides in- depth knowledge of business management and leadership. • B.Com graduates seeking leadership roles in various industries can benefit from the broad skill set offered by an MBA. • Path - MBA programs typically require a bachelor's degree, work experience, and a competitive application process.
  • 10. • Average fresher income – Rs. 7 to 9 lakhs per annum
  • 11. 5) Masters of Commerce (M.Com) • M.Com is a 2-year PG academic degree awarded to students upon completion of a program focusing on various aspects of Commerce and related subjects. • The M.Com course curriculum includes common topics like advanced financial management, business research methods, international business, taxation, strategic management, and more. • Role – Adds up to job profiles such as Accountants, Finance Executives, Business Analysts, Share Brokers
  • 12.
  • 13. Emerging Career options for B.Com graduates Data Analytics and Business Intelligence E- Commerce management Digital Marketing Entrepreneurship Financial planning and Wealth management
  • 14. Data Analytics and Business Intelligence • Role - Data analysts and business intelligence professionals collect, analyze, and interpret data to help businesses make informed decisions. • Path - Pursuing courses in data analytics and programming languages like Python or R can prepare B.Com graduates for this field. • Scope - Data Analytics is extensively used in businesses to optimize operations, improve customer experiences, and make strategic decisions based on data-driven insights.
  • 15. Digital Marketing • Role - Digital marketers leverage online channels to promote products and services, analyze marketing campaigns, and optimize online presence. • Path - Learning digital marketing strategies, SEO, content creation, and social media management is essential for success in this field. • Scope - companies are staying current by adding online components to their brick-and-mortar stores or combining various digital marketing strategies to create an internet presence. Nearly 77% of companies worldwide have already adopted to the digital world
  • 16. Financial planning and Wealth management • Role - Financial planners and wealth managers help individuals and businesses create investment strategies, manage assets, and plan for financial goals • Path - Obtaining certifications like Certified Financial Planner (CFP) can enhance career prospects in this field. • Scope - Banks recruit financial planning experts in a variety of roles for the retail division and mutual funds wings. Financial planning specialists are also hired by NBFCs (Non-Banking Finance Companies), AMCs (Asset Management Companies), and financial planning firms for a variety of positions.
  • 17. Entrepreneurship • Role - Entrepreneurs take the initiative to start and run their own businesses, which can range from tech startups to e-commerce ventures. • Path - Entrepreneurship involves creating a business plan, securing funding, and building a team, among other aspects. • Scope - Commerce subjects like economics, accounting and business studies, really get along well with entrepreneurship Pursuing a B.Com degree opens up avenues for specialization and further studies in areas of
  • 18. E- Commerce management • Role: E-commerce managers oversee online retail operations, including inventory management, digital marketing, and customer experience. • Path: Gaining experience in e-commerce platforms and digital tools is essential for success in this field • Scope - The integration of Information and Communications Technology (ICT) in business has revolutionized relationships within organizations and those between organizations and employees
  • 19. Professional certified courses for B.Com graduates Certified Public Accountant (CPA) Certified Financial Planner (CFP) Financial Risk Manager (FRM) Chartered Financial Analyst (CFA)
  • 20. Certified Public Accountant • The CPA credential is highly respected in the field of accounting and finance worldwide. • B.Com graduates with aspirations in accounting, audit, or finance can benefit greatly from a CPA qualification. • Path: To become a CPA, candidates typically need to pass the CPA exam, meet educational requirements, and gain relevant work experience.
  • 21. Certified Financial Planner • CFPs are experts in financial planning and wealth management, helping individuals and families achieve their financial goals. • B.Com graduates with a passion for personal finance and financial advisory can excel as CFPs. • Path - Earning the CFP certification typically involves completing a CFP Board-registered education program and passing the CFP exam.
  • 22. Financial Risk Manager (FRM) • FRMs specialize in risk management and are in high demand in the finance and banking sectors. • B.Com graduates interested in risk assessment and financial markets can find the FRM certification beneficial. • Path - To become an FRM, candidates must pass the FRM exam and accumulate relevant work experience. • Average income level – Rs. 6 lakhs per annum for entry- level roles and can go up to Rs. 30 lakhs
  • 23. Chartered Financial Analyst (CFA) • CFAs are investment professionals who analyze financial markets, manage portfolios, and make investment decisions. • B.Com graduates interested in investment analysis and portfolio management can benefit from the CFA program. • Path: Becoming a CFA involves passing three levels of exams, gaining relevant work experience, and adhering to a strict code of ethics.
  • 25. 1. Communication Skills: Effective communication is crucial in any profession. It includes verbal, written, and non-verbal communication. Join public speaking clubs, take writing courses, and practice active listening. Seek opportunities to give presentations and engage in group discussions. 2. Leadership and Teamwork: Leadership skills and the ability to work collaboratively are highly valued in workplaces. Participate in team projects, take on leadership roles in student organizations, and attend leadership workshops or seminars. 3. Problem-Solving and Critical Thinking: Being able to analyze complex problems and find creative solutions is a valuable asset. Solve real-world business cases, engage in debates, and take courses that encourage critical thinking. Read books on problem- solving techniques.
  • 26. 4. Adaptability and Resilience: In a constantly changing business landscape, adaptability and resilience are essential for success. Take on new challenges, embrace change, and learn from failures. Practice stress management techniques to enhance resilience. 5. Time Management and Organization: Efficiently managing time and staying organized is vital for productivity. Use digital tools like calendars and task management apps. Create to-do lists and prioritize tasks to maximize efficiency. 6. Emotional Intelligence (EQ):It encompasses self-awareness, empathy, and effective interpersonal relationships, which are crucial in the workplace. Practice self-reflection, work on empathy, and seek feedback from colleagues to improve emotional intelligence.
  • 27. 7. Networking Skills: Building a professional network can open doors to opportunities and career growth. Attend industry events, join professional associations, and actively connect with peers and mentors on LinkedIn. 8. Continuous Learning: Lifelong learning is essential to stay updated in your field and remain competitive. Enroll in online courses, attend workshops, and read industry publications to stay informed about industry trends. 9. Personal Branding: Building a strong personal brand can help you stand out and advance in your career. Create an online presence through a personal website or LinkedIn profile. Share your expertise by writing articles or participating in relevant discussions.
  • 28. Public sector Jobs for commerce students IBPS PO - Rs.52,000 to 55,000 per month UPSC Union Public Service Commission Indian Railways Commercial Tax Officer – Rs. 10.5 lakhs per annum LIC Assistant administrative officer - Rs 53,600 basic pay per month SBI clerk - Rs 29,000- Rs 30,000 per month Indian Revenue Officer (IRS) - Rs. 56,100 – 1,77,500 per month Income Administrative Officer (IAS) - Rs 56,000 - Rs 2,50,000 per month
  • 29. Private sector Jobs for commerce students Tax Consultant Rs.5-6 LPA Human Resource Manager – Rs. 5-8 LPA Budget Analyst – Rs. 10-12 LPA Actuary - Rs.7-9 LPA Company Secretary – Rs.5-7 LPA