Career Opportunities for B. Com (Hons) Freshers
B. Com (Hons) is an academic cum professional oriented course which intends to offer career opportunities to the students in different areas of the finance sector like accounting, finance, administration and taxation. This has been a traditional course which has been in huge demand from the beginning and its demand is likely to expand in future because this course opens up avenues for the students to enter into the corporate sector, banking sector, government sector and even academics. After completion of B.Com (Hons) the students can also go for higher education degrees like M.Com, M.B.A. or other professional courses. After completion of Course, candidates can be hired by top firms in various fields such as taxation firms, industrial houses, foreign trade, auditing firms, marketing firms etc. Some of the top job profiles are Chartered Accountants, Cost & Management Accounting, Company Secretary, financial advisors, tax consultants etc. The average salary is around INR 4.71 LPA.
Commerce is one of the leading courses in India. The Indian Economy is growing at a very fast rate. Due to this, the demand for commerce graduates has witnessed considerable growth. E-Commerce played a very important role in increasing the economy of India. In 2022, retail e-commerce sales witnessed a considerable growth which was approximately estimated to be around 4.9 trillion U.S dollars worldwide. This figure is forecasted to grow by 50% over the next few years, which would eventually reach to 7.4 trillions dollars by 2025.
To list some of the burning career options students can pursue after B.Com (Hons) are as follows:
· Auditor: An auditor is a person who is trained to examine financial documents, certify their authenticity, and guarantee that businesses follow tax regulations. They guard against fraud, raise attention to abnormalities in accounting methods, and, on occasion, work as consultants, assisting organisations in finding ways to improve operational effectiveness. Auditors perform a variety of tasks in a variety of industries.
· Accountant: An accountant is a specialist who conducts accounting activities such as analysing financial statements, audits, or account analysis. Accountants can work for accounting companies, large corporations with accounting departments, or both.
· Business Executive: A business executive is someone who is in charge of monitoring a company’s management. The nature of the position differs depending on the corporation. Organisations and governments are led by executives. They devise strategies for expanding their businesses.
· Tax Counsellor: The primary function of a tax counsellor is to assist people and organisations in paying their taxes. Their areas of expertise include tax law, tax collection, and tax planning. Both people and firms take the advice of tax consultants for their businesses.
· Financial Analyst: Financial analysts are charged with carrying out a variety of research duties to support their clients’ or their own organisations’ investment plans and to make investment judgements. These professions necessitate strong analytical and statistical abilities and include a large amount of data.
B.Com graduates have a variety of job options. B.Com students are hired in practically every field of employment. Because commerce is such an essential academic discipline, most employers favour BCom graduates above others.
Ms. Priyanka Goel
Assistant Professor
Department of Commerce
JIMS Engineering Management Technical Campus
Greater Noida
