Introduction
Global finance is one of the fastest-growing industries, especially in the financial services market. Growing at a compound annual growth rate of 7.7%, the financial services industry is expected to cross $44.9 trillion by 2028.
With such potential, your vacancies as professionally qualified experts are increasing. The financial sector considers your academic qualifications, global certifications, and specialised know-how.
If you are a student or a working professional interested in finance and accounting, you can also acquire professional accreditation like the ACCA. The scope of careers after B.Com Finance ACCA is unlimited, whether for professional growth or earning potential.
This blog discusses the job opportunities of B.Com ACCA and the salary prospects to help you make well-informed decisions.
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Why Choose B.Com Finance Integrated with ACCA
A Bachelor of Commerce in Finance, integrated with the ACCA (Association of Chartered Certified Accountants), is one of the smartest educational choices, especially if you aspire to work in finance roles worldwide.
The upfront benefits of pursuing a B.Com Finance degree with ACCA are:
- Employment Opportunities at a Global Level: ACCA is globally recognised in 180 countries. This means you can unlock a wide range of job opportunities with the potential to work with multinational companies in different places worldwide.
- Advanced Subject Knowledge: ACCA empowers you with advanced auditing, accounting, and financial management skills. This comprehensive knowledge makes you competent enough to apply for various careers.
- Comprehensive and Strategic Skills: The integrative B.Com Finance ACCA course equips you with technical know-how while also covering topics like communication and decision-making, which are considered professional competencies in the modern business world.
- Better Earning Potential: The B.Com ACCA salary prospects are attractive, as the combined qualification commands higher salaries. This credential is worth investing in as your earning potential grows multiple times.
You can complete an online B.Com International Finance and Accounting, accredited by the ACCA, from Amity University Online. It is one of India’s first universities to get accredited for online programs, allowing you to study at your own pace and convenience. The degree is also recognised at the international level.
This program helps you gear up for the most rewarding careers after B.Com Finance ACCA. The added advantage of completing the program from Amity Online is that you can enjoy affordable equated monthly instalments (EMIs) and multiple payment options, with physical book deliveries to your doorstep.
Top Careers After B.Com Finance ACCA
There are multiple B.Com with ACCA career paths. Some of the promising ones are as follows:
Management Accountant
In this field, you need to work with in-house finance teams to plan budgets, forecast financial performance, and manage costs. The financial information you provide will be used by senior leadership to make effective internal decisions.
Auditor
One of the prospective careers after B.Com Finance ACCA is in the field of auditing. You can work with any audit firm as an internal auditor to assess whether the internal controls and financials of the organisation are effective and compliant.
Tax Consultant
Tax planning and compliance is another ACCA finance career option in which your proficiency is used to offer expert advice to organisations and individuals. When working with international companies, you are required to stay abreast of global tax laws.
Financial Analyst
In this profession, you analyse a company’s financial data in depth and identify trends so that businesses can make strategic investment decisions.
Risk Analyst / Manager
If you are interested in assessing financial risks and developing effective mitigation strategies, this career option is for you. As an ACCA-qualified professional, you work in multinational companies where your grasp of economic security and risks is tested.
Compliance-Related Career
One of the key ACCA-qualified careers is ensuring your organisation adheres to statutory compliance and regulatory requirements. If you seek a career with a global firm, your ACCA qualifications help you with international standards and regulations.
Corporate Finance Executive
As a corporate finance executive, you assist in mergers and acquisitions, investment decision-making, and capital restructuring. You also analyse financial reports and advise senior management on the firm’s stability.
Forensic Accountant
Forensic accountants possess a range of technical and non-technical skills, including auditing, accounting, and investigative expertise. As a forensic accountant or in a senior role, your job revolves around detecting fraud and embezzlement and identifying financial discrepancies.
An ACCA qualification can let you begin in mid-level role positions. While the responsibilities are greater, the B.Com ACCA salary prospects are better, too.
Industries For Finance Jobs After ACCA and B.Com Finance
All businesses need finance and accounting experts. Hence, a B.Com degree in Finance opens up numerous professional opportunities across various industries. These could include manufacturing, banking, education, fintech, hospitality, travel, and tourism, among others.
A B.Com degree with ACCA’s professional growth is ever-increasing and recognised at the global level. It highlights the opportunities for getting hired by multinational companies (MNCs), startups and tech companies, as well as banking and insurance, government and public sector enterprises, and the Big Four global accounting firms, including Ernst & Young, Klynveld Peat Marwick Goerdeler (KPMG), Deloitte, and PricewaterhouseCoopers (PwC).
B.Com ACCA Salary Prospects
The earning prospects typically increase once you get the ACCA certification after completing your B.Com Finance degree. Here are the salary ranges:
- Entry-Level Positions: $25,000 to $40,000 annually
- Mid-Level Positions: $45,000 to $70,000 annually
- Senior-Level Positions: $80,000 to $120,000 annually
- Executive Roles: Over $150,000 annually
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Conclusion
There are multiple professional opportunities and careers available after completing a B.Com in Finance integrated with ACCA. Along with better growth prospects, you also have the potential to earn more after the ACCA qualification.
Studying with an education partner like Amity University Online offers you the chance to learn while working or even from remote locations. You can start building a future-proof career with the online B.Com in International Finance and Accounting, accredited with ACMA.