So, now that you have completed your 12th, you may be in a dilemma to choose between different courses available after 12th. Now things will get more serious as you will be deciding the course that suits you so that you can land in your dream job.
If you are interested in pursuing a career in commerce and worried about the opportunities. Then it is advised to go through this article to know more about commerce
Read the article till the end
What is B.Com.?
The Bachelor of Commerce (B.Com.) is a 3-year undergraduate programme that is designed to enhance the ability to study subjects related to commerce and economics. The students will be studying a variety of subjects that are related to commerce and economics such as Accountancy, Business Administration, Finance, Economics and Industrial Policies and many more.
The B.Com programme equips the students with analytical communication skills, problem- solving skills and trains them to effectively identify the issues and solve them. They are also equipped with the skills to source the information and to find out efficient and practical solutions for the problems.
The B.Com course covers a broad spectrum of the subjects related to accounts and commerce. The course enables the students to develop managerial skills and it makes the students proficient in financial management and business studies. The course further imparts the students with the knowledge of accounting principles, export and import laws, economic policies and various other aspects that are relevant to trade and business.
The B.Com programme enriches the students with managerial skills and leadership qualities and equip them to handle managerial roles in the organizations. The main aim of the B.Com programme is to enrich the students with the basic knowledge of a variety of fields related to organization and business management. The B.Com programme empowers the students with the necessary skills required to work in any corporate organization or be self-employed.
Why to choose B.Com?
B.Com- has always been a chosen course by many students from the beginning. Many students choose commerce subjects in their 12th and continue the same at their degrees by choosing B.Com programmes.
Some of the reasons that make B.Com programme the best option is:
Greater Employment Opportunities
The B.Com degree opens doors to different sectors of the economy. The B.Com graduates are hired in both government and private sectors. The B.Com graduates are required wherever accounts are involved. No matter a small company or a huge enterprise, every organization has an accounts department and B.Com graduates are hired to those departments.
Greater Career Advancements
Earning a B.Com degree is the evidence of various qualities like persistence, determination, intellectual prowess, ability to handle challenging environments etc. The B.Com students will be trained on all these aspects and the employers look for such qualities in the students. So, B.Com graduates have opportunities to advance more in their careers.
Vast Career Choice
The B.Com graduates have vast career opportunities. They have a vibrant career choice after completion of B.Com. They can practice Chartered Accountancy, they can pursue MBA finance, they can join M.Com and become lecturers, they can join to doctorate programmes and pursue research in the field of commerce, they can join ICWAI, they can join company secretary courses etc.
Vast job Profiles
The B.Com graduates can land in various job roles soon after the completion of the degree. Some of the job roles available after B.Com are: Accountant, Auditor, Consultant, Company Secretary, Business Analyst, Finance Officer, Sales Analyst, Junior Analyst, Tax Accountant, Stockbroker, Economist, Business Development Trainee and many more.
Vast Job areas
The B.Com students can find job opportunities in vast areas of the businesses. They are required at every organization where accounts play a crucial role. They are largely hired in account departments at various positions. The B.Com students can find job opportunities in Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory control, Merchant Banking, Marketing, Working Capital Management, Treasury & Forex Departments, Investment Banking firms and many more.
Specializations available in B.Com
The B.Com programme has changed its course by spreading into diverse specializations. The B.Com earlier was limited to only one major programme, but as time passed the B.Com has incorporated many specializations according to the industry demands. Today, B.Com is not limited to one major degree but it comes with many specializations. The students are free to choose their specializations in their B.Com programmes.
Some of the specializations available in B.Com are:
- B.Com Aviation
- B.Com Logistics
- B.Com Analytics
- B.Com Banking & Finance
- B.Com International Finance
- B.Com Finance & Accountancy
- B.Com Travel & Tourism
- B.Com Business Process Services
- B.Com Corporate Accounting & Taxation
Basic Eligibility for B.Com
The basic eligibility to pursue the B.Com degree is that the students should have completed their 12th from a recognized board of India or abroad. The students irrespective of their stream such as Arts, Science & Commerce are eligible to apply for B.Com. However, the students intending to apply for B.Com programme should have studied English and Mathematics as the core subjects in their 11th & 12th classes.
Salary Package
The B.Com students can easily earn a salary package that ranges from 4 Lakhs to 8 Lakhs per annum. The average B.Com fresher will be earning 4 lakhs per annum as a starting salary. The salary varies according to the experience and skills gained by the students.
Placement Opportunities
The B.Com graduates can find ample job opportunities across all the sectors of the economy. The accounts department is crucial for any organization. Every organization whether it is a small one or a large enterprise, will have a dedicated accounts department to look after all its finances. So, the B.Com students can find ample job opportunities across the organizations. The accounts department requires skilled professionals as every penny coming and going out of the organization plays a very important role. The B.Com graduates are skilled individuals and organizations readily hire them in their accounts departments.
The B.Com graduates are hired at various positions in the accounts department. The students who are having 60% aggregate in their degree can easily find jobs soon after the completion of the B.Com programme.
Some of the organizations hiring B.Com graduates are:
- Accenture
- Wipro
- Infosys
- Tata Consultancy Services (TCS)
- Ernst & Young
- Genpact
- GE Healthcare
- Fidelity Solutions
- ICICI Bank
- JP Morgan Chase
- Dell
- Microsoft
- HP
- HCL
Conclusion
The B.Com programme has been a popular course among many students across the globe. If the students feel that finance is their cup of tea, then they can easily choose B.Com programme for their under-graduate studies and land in lucrative job roles in numerous MNCs across India and World. The students can always make a wise decision by analyzing the market trends and deciding their courses. Since every course has its importance, the students should understand their interest and choose their desired courses.