Monday, 9 December 2019

Career Prospects You Can Unlock After a B.Com. Degree

When completing their Bachelors in Commerce degree, most of the students are occupied with one critical thought...now that B.Com. is done what next? With an extensive range of career opportunities, some that they already know of and some they might not, planning the next step can be quite confusing. In any case, it is advisable to chalk out the road plan for your career while you are still completing your degree from one of the best B.Com colleges in Bangalore, Kolkata, Delhi or any other prime city.

To help you take your career to the next level and unlock unlimited possibilities for success, here are some suggestions. These options can help you narrow down your preferences and hit a bull's eye when contemplating the next step.

Chartered Accountant (CA)
Chartered Accountancy or CA is one of the most coveted job roles in the country. It is also quite sought after by B.Com students due to the possibility of immense career growth. Some of the industries with a constant requirement for efficient CA professionals include banking, auditing firms, legal firms, mutual firms, public limited companies, etc.
CA students have to complete three rounds of study CPT, IPCC, and Final CA. The exams for CA are conducted by the Institute of Chartered Accountants of India (ICAI).

Public Sector/Government Jobs
Those not too keen on private-sector jobs can also opt for the public sector or government jobs. They offer job security and a myriad of job options both on the central and state level. They also come with numerous perks and benefits like medical, housing, loans, childcare, and more.
Since the minimum requirement for competitive exams is a graduation, you are open to apply for Civil Services Exams Railway RRB Exams, Banking Exams, etc.

Financial Risk Manager (FRM)
An internationally recognized qualification for finance and banking individuals, Financial Risk Management (FRM) opens successful career options for B.Com. students in risk management, trading, structuring, modeling, and more.

Banker
To foray into banking or investment banking after your B.Com., you need to complete an investment banking program or an internship to get a license. Also, you can opt for an MBA to enhance your chances and take your career further in investment banking.

Accounting & Auditing
B.Com graduates have an expansive field of accounting open to them. They can begin their journey from a subordinate role such as that of a junior accountant, account executive, and move on to senior accountant and accounts manager. They also fill in the shoes for some routine auditing as an internal auditor of the organization. Reputed MNCs are always on the lookout for skilled B.Com graduates for such roles in their organizations.

Tax Advisory Roles
Once B.Com. students complete their graduation; they can further their prospects with an in-depth study of direct and indirect taxes. Doing so opens an abundance of job opportunities in Tax Consultancy Firms. The implementation of GST has increased the demand for such professionals who can assist different types of taxpayers in calculation and payment of their tax along with filing their returns with the government organizations.  

Market Research Analyst
A perfect mix of both quantitative and qualitative work techniques, a market research analyst is involved in activities such as conducting customer surveys for data collection, studying market trends, analyzing data patterns to understand consumer needs, etc.  

Manufacturing Services
BCom. students can also try their hand in the manufacturing sector within job roles such as assistants in charge, store manager, supervisor, head of departments, inventory manager, and more. Manufacturing companies are always in search of skilled B.Com graduates who can administer and manage business operations in an effective way.  

Education Opportunities
After completing your B.Com from one of the best Degree College in Bangalore, Kolkata, Delhi, or any other city in India, you can opt for further study. A Bachelor's Degree in Commerce followed by a Master's Degree takes you to the next level in terms of career growth. MBA in Finance, M.Com, Certified Management Accountant (CMA), ACCA degree, etc. are some of the study options open to B.Com graduates after they complete their degree.

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