Graduation is an important step in your career. B.com is a Bachelor of Commerce with knowledge of accounts and finance. If you have an inclination toward business and commerce and for accounting, you should go for B.Com from a recognized university/college. There are a lot of B.com colleges in Bangalore, as the city is considered as an educational hub. Gupta Collegeis one of the best colleges to pursue your B.com degree from. For this, you can visit the website of the college and apply it now. Most of the students actually find it tougher to decide what to do after B com. There are several lucrative career options available to students after completing a graduate degree in B.Com, but all students are not aware of the different routes they can take to establish a successful career.
Let’s discuss the available career options after B.Com in 2020 that you might consider for a stable job opportunity in the future.
M.Com is the master’s course in commerce. This 2 years degree can be attained through any government recognized university or college in India. This course helps you master the concepts you learned as a B.Com student and apply it in the professional world.
Chartered Accountant (CA)
This is the most popular and common Opportunity after B.Com. Many students pursue Chartered Accountancy along with their B.Com. But if you enroll yourself after completing B.Com, you don’t need to sit for the entry-level CPT exam. For the CA course, you must have at least 55% in the B.Com. A chartered accountant (CA) passes out from The Institute of Chartered Accountants of India (ICAI).
Students also go for ICWAI, the cost accounting course offered by the Institute of Cost and Works Accountants of India. This is a good course, but not as valuable as CA. You can join this course while doing your B.Com. There are the foundation, intermediate, and final courses you need to clear to be able to get the certification of ICWAI.
Company Secretary (CS)
Many students go for CS after or during their B.Com. It is completely a different course than CA or ICWAI. It’s more about the legal aspect of business and qualitative analyses. You need to be prepared to suggest the paths to the board of directors of the company and often will join as an Executive Secretary to MD or CEO. For pursuing CS, you need to clear Foundation, Executive and Final Courses. The opportunities for the Company Secretary course have immense potential. Company Secretary passes from The Institute of Company Secretaries of India (ICSI).
Students perceive finance as similar to accounting, but finance is vast and accounting is only one part of it. For MBA in Finance, you should start preparing for CAT, XAT, and GMAT during the final year of your B.Com.
You can work with a big international financial firm like Goldman Sachs or Merlyn Lynch as an Investment consultant. Your job will be advising clients on investment strategies depending upon their needs and long term goals. Investment consultants also have to create quarterly and annual performance reports to monitor the client’s investment.
If you are looking for a less hectic career after B.com, then the Loan officer is the way to go. The loan officer’s job is evaluating loan applications and documentation by confirming their creditworthiness. They are responsible for assessing the client’s financial status so they can accept or reject their loan application. If a loan is accepted then they issue cheques to the customers.
After B.com, you can do any small course in stock trading and get the knowledge. Finance, Mathematics, and the Economic subject will help you a lot as a Stock Broker.