20 Best Career Options After BCom in 2024

3 July 2024, 12:14 pm IST

Commerce is a preferred stream for students who are interested in business studies, finance, economics, and accounting. Those with a penchant for  statistics, economics, and mathematics often  opt for a Bachelor of Commerce (BCom), which is a three-year undergraduate degree course that can be pursued after 12th commerce. This degree opens numerous doors to entry-level positions with decent salary packages for graduates. Moreover, graduates also have the option to pursue further studies like a Master of Commerce (MCom), Master of Business Administration (MBA), or any other certification course to boost the scope of their career after a commerce degree.

Scholarship

By choosing the best courses for commerce after BCom, students can expect to earn good salaries in good mid-level positions in varied industries.  In this blog, we are discussing 20 such best career options that BCom graduates can choose from for a career.

Get Complete Details From Expert

Request a call →

Career Options for BCom Graduates

Most students prefer to pursue higher studies after their BCom degree and take up master’s programs or certificate courses to boost their careers. However, for many others getting a job after graduation becomes important because of financial or other reasons. If you are analyzing your options of career after BCom, we have a list of 20 career options for BCom graduates to consider.

1.      Financial Analyst

Financial analysts are professionals who are responsible for analyzing how investments made by their companies are performing. They analyze factors like cash flow, debt, growth of revenue, and other financial aspects to recommend changes to enhance business performance.

Salary: Rs 2 lakh – Rs 12.3 lakh per annum

2.      Strategic Planner

As the name suggests, strategic planners build plans for businesses and ensure that they reach their goals as per the set plans. Among the various other roles performed by these professionals, they work with internal employees of a company to maximize profit and productivity.

Salary: Rs 4 lakh - Rs 24.7 lakh per annum

3.      Wealth Analyst

Wealth management analyst is an entry-level position that commerce graduates can apply for. These professionals assist clients or partners in analyzing financial results and developing investment strategies through financial research. They also carry out several administrative and other duties.

Salary: Rs 3.5 lakh - Rs 7 lakh per annum

4.      Auditor

An Auditor is a professional responsible for inspecting the financial accounts of a company. They have to ensure that the accounts are correct and comply with the required laws. They are responsible for fraud reporting, issuing audit reports, evaluating a company’s internal controls and so on.

Salary: Rs 4 lakh - Rs 10 lakh per annum

5.      Tax Consultant

A tax consultant advises individuals and companies on tax payments. They help companies with the best way to pay taxes. They find discrepancies if any and review proposals to see if they are profitable. They also review salaries, rents, investments, and other income sources.

Salary: Rs 1.5 lakh - Rs 10.9 lakh per annum

Best Career Options After BCom

6.      Business Analysts

Business analysts are professionals who are responsible for helping businesses implement the latest products and services. These professionals ensure that companies meet all specifications for new products before starting with the development phase for them. They build business plans for growth and improvement of business with time.

Salary: Rs.3 lakh - Rs 16.9 lakh per annum

7.      Investment Broker

Brokerage firms generally hire investment brokers to oversee the buying and selling of stocks and bonds for customers. These brokers work with clients and advise them on investments depending on their investment goals to help them earn high returns.

Salary: Rs 0.3 lakh - Rs 5.3 lakh per annum

8.      Credit Analyst

These professionals are responsible for analyzing or assessing the creditworthiness of companies or individuals. In this role, they have to analyze the risks of lending money to clients. These professionals have to evaluate if the money borrowed by clients can be returned easily or if the payments are coming on time, among other roles.

Salary: Rs 2.2 lakh - Rs 16 lakh per annum

9.      Retail Store Manager

A retail store manager has the responsibility of managing a retail store in terms of pricing, quality of products, and inventory among others. They are also responsible for training and supervising staff at the store and ensuring the availability of enough staff to manage customer's requirements.

Salary: Rs 2 lakh - Rs 8.8 lakh per annum

10.  Junior Accountant

A junior accountant is an entry-level position where the professional is responsible for maintaining financial statements and accounts. They prepare balance sheets, compile reports, and also submit taxes and other reports.

Salary: Rs 0.3 lakh - Rs 3.8 lakh per annum

11.  Digital Marketer

A digital marketer is responsible for managing the online presence and sales of a brand or product. This person is responsible for creating multi-channel communication strategies across different areas of a business.

Salary: Rs 1.6 lakh - Rs 9.6 lakh per annum

12.  Market Research Specialist

Market researchers analyze consumer data and market competitors to study consumer likes and preferences as well as several other conditions. All these factors help in evaluating the potential sales of a product and boost business of a company.

Salary: Rs 3 lakh - Rs 12 lakh per annum

13.  Brand Manager

A brand manager is responsible for creating and implementing marketing and communication campaigns for a company. They oversee events, ads, and designs related to products to ensure that they are consistent across campaigns.

Salary: Rs 3.5 lakh - Rs 33 lakh per annum

14.  Data Analysts

Pursuing a data analyst career will suit those who have strong mathematical and statistical skills, and are highly analytical and curious. These professionals study data sets to help solve complex business problems.

Salary: Rs 4 lakh - Rs 9 lakh per annum

15.  IT Project Executive

Project Executives in the IT sector manage projects from initial stage to completion. They have to ensure that all the company goals are met. They act as coordinators among various teams for the smooth execution of a project.

Salary: Rs 1.6 lakh - Rs 7.8 lakh per annum

16.  Bank Executive

Bank Executives are responsible for overseeing various strategic decisions related to development and finances within a bank. They accept deposits, offer loans, and solve other customer queries, among other roles.

Salary: Rs 0.6 lakh - Rs 4.5 lakh per annum

17.  Business Executive

A business development executive plays a significant role in a company for its growth and development. This person is responsible for identifying and creating new business ideas and opportunities. They create sales strategies, do budget management, and maintain client relationships, among other things.

Salary: Rs 1.5 lakh - Rs 6.6 lakh per annum

18.  Teaching

BCom graduates can also become commerce subject teachers to teach children in schools. Having a B.Ed with a BCom degree will further boost this job position with a higher salary. They may try for jobs in government schools and other educational centers.

Salary: Rs 0.6 lakh  - Rs 5.5 lakh per annum

19.  Financial Risk Executive

This professional is responsible for predicting market trends and changes in the future and how these changes will affect a business. They recommend strategies to minimize risks and maximize revenue.

Salary: Rs 1.9 lakh - Rs 8 lakh per annum

20.  Supply Chain Analyst

This is a profession that requires a person to manage the flow of work in an organization and ensures that everything required in a company is available for its smooth operation.

Salary: Rs 2.5 lakh - Rs 13 lakh per annum

Are You Ready To Take The Next Step In Your Career ?

EnrolL Now →

Final Thoughts

As a final thought, it is important to remember here that graduates can pursue their master’s degree or any other higher education courses for commerce online along with continuing their jobs. Online courses give them the flexibility to study at their own pace and complete their higher education without losing the opportunity to continue their job/career.  This way, graduates can gain enough experience, while acquiring a PG degree to have the best jobs with high pay packages.

For best online courses, visit Amity Online today to learn more about postgraduate courses for commerce students after BCom.


Tags :Latest

Similar Blogs

Oct 5 2024
Unlock Your Future: Reliance Foundation Scholarship 2024
Sep 27 2024
Apply Now: LIC HFL Vidyadhan Scholarship 2024 – All You Need to Know
Sep 27 2024
GATE for Postgraduate Learning: Routes to M.Tech and Above

Frequently Asked Questions

What are the top career options available after completing a BCom in 2024?

BCom opens the door to many excellent career options as an accountant, banker, business executive, financial analyst, tax consultant, teacher, sales and marketing executive, etc. Moreover, students can pursue master’s programs and other courses to become company secretaries, chartered accountants, and auditors, among others.

What are the career prospects in finance after BCom?

Pursuing a BCom finance degree gives commerce students an excellent opportunity to work as an accountant, financial analyst, tax consultant, and accounts manager, among others.

How can I become an investment banker after BCom?

BCom graduates can pursue a master's in MBA Finance or an equivalent course to become an investment banker. Students pursuing courses to become chartered accountants are also eligible for investment banking positions.

Are there any emerging fields for BCom graduates in 2024?

Chartered Financial Analysts (CFA), Certified Accountants, Investment Bankers, Data Science, and Financial Analysts are some emerging fields for BCom Graduates in 2024.

What are the advantages of pursuing CA after BCom?

Pursuing a CA program after BCom is an excellent option to acquire and enhance business knowledge with advanced accounting skills. This helps individuals to have a successful career in auditing, finance, and accounting.

What are some good online courses for BCom graduates?

BCom graduates can pursue short- and long-term courses online to boost their career options after BCom. PG is digital marketing, MBA, certificate courses in accounting, investment banking, company secretary, chartered accountancy, and certificate courses in banking are some options.

What are the options for BCom graduates interested in entrepreneurship?

A degree in BCom offers a solid foundation to students for launching a business. Moreover, BCom entrepreneurship is a 3-year UG course that can be pursued to build more entrepreneurial skills among young students. If you are looking for PG courses in entrepreneurship, you may go for an MBA in entrepreneurship or any other certificate course in entrepreneurship to upskill your business acumen.