Thе B.Com gradе is a passing variablе qualifying that opens up divеrsе occupational opportunities in finance, businеss, tax rеvеnuе and much more. In thе yеar 2024, the incrеasing managеmеnt and thе changing job markеtplacе has addressed a hugе demand for B.Com graduates in divеrsе jobs that offer higher pay and incrеmеnt potential.
In this blog, we shall examine the top 15 jobs after B.Com, professional certifications that can give your career wings, and the success roadmap.
What is a B.Com?
A B.Com is a thrее-yеar undеrgraduatе coursе with thе aim of providing a student with foundational knowledge in thе field of commеrcе, accounts, statеmеnt businеss law, financе, and taxation. Thе b.com next course еquips thе studеnts with thеorеtical as wеll as practical skills that arе usеablе in various industries.
- Main Subjects in B.Com
- Financial Accounting
- Business Law
- Economics
- Taxation
- Auditing
- Management Principles
What to Do After the B.Com Course?
A B.Com degree leads to a wide variety of career opportunities. Some of the most common ones are as follows:
Postgraduate Education
Pursue an MBA (Master of Business Administration), M.Com (Master of Commerce), or PGDM (Post Graduate Diploma in Management) for specialized knowledge and career growth.
Professional Certifications
Certifications such as CA (Chartered Accountant), CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), and CMA (Cost Management Accountant) can greatly enhance your career prospects.
Corporate Jobs
Many B.Com graduates begin their professional lives in corporate jobs like accountants, financial analysts, or HR executives.
Competitive Exams
Prepare for government job exams like UPSC, SSC CGL, or banking exams to get stable and prestigious jobs.
High-Paying Jobs for B.Com Graduates in 2024
The 15 highest-paying BCOM honours graduate jobs are listed:
- Chief Executive Officer. (Highest paying job after commerce)
Mainly, The Chief Executive Officer or CEO is the dream job after commerce. Firstly, the CEO of any company is the most significant Designation. Specifically, the main duties of the CEO are the supervision of the overall activities of the company. In addition, key decisions of the company are performed. Moreover, policy-forming, public relations, leadership, etc.
To become the CEO, one requires experience in the field of 10-20 years with a bachelor’s (B.Com) or an MBA degree in Business Management.
- Salary on average: INR 11-16 LPA to 13-16 Cr PA
- Chief Financial Officer
A chief financial officer (CFO) is a top-most executive who majorly performs duties related to the company’s financial affairs and has years of experience. For instance, financial planning, analysis, and security. They are generally holding 10-15 years of experience.
To become a CFO, the study required a Bachelor’s degree like B.Com in Finance and Economics, and a professional MBA degree.
- Salary on average: INR 8-12 LPA to 4-6 Cr PA
- Chartered Accountant
A Chartered Accountant (CA) is the brightest career and provides a stable job. It is the highest-paying job after commerce. Further, there is no age limit for becoming a CA. Also, there are many financial and other benefits linked with this profession.
Hence, to become a qualified CA. One must pass class 12th, and the candidate should clear the CA Foundation Exam, After that, the Intermediate as well as CA Final exam.
- Salary on average: INR 7-30 LPA
- Chief Operating Officer
Chief Operating Officer plays the topmost operating role, in running daily organizations. They also manage strategies in terms of operational plans, performance, and financial management.
More importantly, 10-15 years of experience with Bachelor’s and Master’s degrees in Business Management, Finance, or Commerce is required to occupy this role.
- Salary on average: INR 11-50 LPA to 1 Cr PA
- Management Consultant
Next on the list, the top 15 Highest-paying jobs after commerce, A Management Consultant. As a matter of fact, a management consultant, is a problem solver and an expert advisor for a business or Company. Besides, their ability includes maximizing business performance and boosting gains of the business.
For education, a Bachelor’s degree (B.Com) as well as a Master’s Degree (MBA) in Finance, and Economics is required for a Management Consultant.
- Salary on average: INR 5-18 LPA
- Corporate Lawyer
Alternatively, A Corporate lawyer is a Professional who has an Undergraduate and Postgraduate degree in Law, for instance, LLB and LLM.
The leading job of a corporate lawyer is, to manage the legal matters of the company.
Chiefly, a corporate lawyer advises companies on their legal rights and duties.
Also, they help negotiate business agreements and perform legal and financial functions of clients.
- Salary on average: INR 4-11 LPA
- Indian Economics Services
Indian Economics Services are the most preferable govt job after Commerce. Above all, primarily this job provides people money, power, and authority when work as IES officers. Importantly, the jobs done by IES officers involves designing National Economic Policy, Monitoring, Advisory, and Analysis.
Above all, important for a candidate to aspire for IES officer is. Clearing the Union Public Service Commission Exam with the Bachelors degree in Commerce.
- Salary on average: INR 6.5-21 LPA
- Indian Revenue Services
Likewise, The Indian Revenue Service is another Government Job after commerce. Normally an IRS officer collects taxes, implements the direct tax law along with policy formulation and even tax administration.
A Candidate who wants this job have to crack the Union Public Service Commission Exam with a degree in Commerce.
- Salary on average: INR 4.5-9 LPA
- Actuary
Actuary is one of the recognized professions under commerce. Generally, they belong to Insurance and Banking firms. However, their skills involve Financial analysis, modeling, valuation, and pricing.
One needs to be a Bachelor’s degree holder in Finance or Commerce, One also needs to clear the professional actuarial exams by Societies of Actuaries, etc.
- Salary on average: INR 7-35 LPA
- Professor
Not to mention, being a Professor is a prestigious job once one has completed commerce. Their education is of high quality, so the professor teaches guides and supervises students.
As far as the most vital qualification to become a professor for commerce is concerned, which is PhD in commerce-related fields.
- Salary on average: INR 5-26 LPA
- Probationary Officer
A Probationary Officer, (PO) serves for two years under probation. Moreover, during this period a PO is trained for practical work experience for various bank tasks. That is to say, routine work like Managerial tasks, Public relations officer, and managing overall Banking Management, etc.
After, serving for two years as a PO. An employee will be further promoted to Assistant Manager of the bank.
A candidate to attain this position has to clear The Institute of Banking Personnel Selection (Probationary Officer Exam).
- Salary on average: INR 5-13 LPA
- Project Manager
On the contrary, A Project Manager supervises the daily work of a project.
They are further liable for everything in a project from initiation to the delivery.
So, the significant tasks carried out by a Project Manager are; planning the project, budgeting, management of a team, and communication with stakeholder
Other than this a Project Manager advanced to the program manager, and later the portfolio manager.
Today to be a project manager a project management institute certificate is issued.
- Salary on average: INR 6-30 LPA
- Marketing Manager
A Marketing Manager promotes and markets the company as well as their services and products. Additionally, they are the marketing policy creator. Along with these, some other responsibilities of these managers include Market Research, Budget and Campaign Management, and so on.
One need to hold a Bachelor’s (B.Com or BBA), as well as a Master’s Degree, that is MBA for availing Jobs After Commerce as a Marketing Manager.
Salary on average: INR 7-29 LPA
- Investment Banker
An Invеstmеnt Bankеr is a kеy playеr in thе growth and dеvеlopmеnt of a businеss. In thе samе way, thеy offеr many sеrvicеs for thе profit of company for instancе, Capital raising, financial advisory, building strong cliеnt rеlationships, and many morе. Besides, candidate aspiring to become one must complete education – B.Com in Finance, Business Administration, Commerce, etc.
- Salary on average: INR 4-12 LPA
- Staff Selection Commission – Jobs
Staff Selection Commission, it is the recruitment board for recruiting suitable candidates for the lower category of Government jobs. In fact, they provide various jobs after commerce. The designation of SSC jobs are Upper Division Clerk, Inspector of Income-tax, Assistant Audit Officer, for example.
- Salary on average: INR 3.5-18 LPA
Professional Certifications to Enhance Your Career
- After completing B.Com, pursuing professional certifications can be very helpful for enhancing your career prospects. Here are some of the most popular ones:
- CA (Chartered Accountant): Specializes in auditing, taxation, and accounting.
- CFA (Chartered Financial Analyst): Focuses on investment management and financial analysis.
- CMA (Cost Management Accountant): Enhances expertise in cost accounting.
- CS (Company Secretary): Specializes in corporate governance and compliance.
- CPA (Certified Public Accountant): International certification for accounting professionals.
- CFP (Certified Financial Planner): Ideal for financial planning roles.
- Digital Marketing Certifications: Prep for a digital marketing role via courses like Google Analytics or HubSpot.
Conclusion:
Lastly, these are some lists of the high paying jobs after bcom that pay well with benefits and perks. These jobs offer candidates a bright future in the Private as well as Government sectors. Besides, these jobs after commerce begin from entry-level to the higher level of any organization.
In the end, Those who want to pursue commerce as a career are on the positive side. Due to the variety of highest paid jobs after bcom and Career a commerce field offers.
A B.Com degree serves as a foundation for the successful pursuit of various fields, including finance, marketing, taxation, and management. Professional certifications or advanced degrees may open up the best job opportunities in 2024.
FAQs
- What are the opportunities for jobs after commerce?
Indeed, there are excellent highest paying jobs after bcom in Public as well as Government Jobs.
- Are there any Government jobs after commerce?
Of Course, there are many government jobs after commerce namely, Indian Economic Service, Income-taxes service, SSC, etc.
- Are there Certifications required for career progress in Commerce?
Indeed, Yes, there are lots of certifications needed for the purpose of career growth, like, for example, a Project Management certificate, Business Analyst certificate etc.
- What salary can I expect after commerce?
Generally, the salary varies after the completion of the commerce from entry level to senior level.
For instance: INR 3.5 LPA (minimum), INR 15-20 LPA (average) to INR 30 LPA to Crores, for the experienced candidates mostly in Big MNC.
- Is an MBA a good option after completing B.Com?
Yes. An MBA after B.Com is a very sought after because it opens managerial and leadership doors in all industries.
- Can one become an entrepreneur after doing B.Com?
Of course! A B.Com provides you with the necessary knowledge that help you get into entrepreneurial ventures.
- What certifications can I obtain after B.Com?
You may consider certifications like CA, CFA, CMA, and CFP for which you may need to give separate entrance exams.
Add Comment