Jobs after BCom and Salary

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Jobs after BCom and Salary

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Chetna Verma

Updated on 14th November, 2024 , 8 min read

 

About B Com

A BCom degree in India provides access to a wide range of career options in different industries. Graduates can choose careers in marketing, banking, finance, accounting, and other fields. A BCom degree lays a strong foundation for a successful career by providing students with the analytical, communication, and problem-solving abilities that employers highly value in today's competitive job market.

Many career options after B.Com, including those as financial analysts, accountants, tax consultants, and accounts managers, are available to those with a BCom degree. The BCom salary ranges from INR 2.2 LPA for entry-level positions to INR 5 LPA for mid-level profiles and INR 9 LPA for senior-level profiles.

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A number of BCom graduates decide to continue their education in order to improve their career prospects, such as earning an MBA, CS, or CA. The top employers offering BCom programs are ICICI, HDFC, SBI, PNB, RBI, LIC, KPMG, and others.

Jobs after B Com and Salary

The table below mentions, jobs after BCom and salary for a successful career in the field of commerce:

After B Com Jobs

Average Salary

Highest Salary

BankerINR 3 to 4 LPAINR 10 LPA
Bank ManagerINR 7.90 LPAINR 20 LPA
AccountantINR 2-3 LPAINR 6.2 LPA
Accounts ManagerINR 5.80 LPAINR 15 LPA
StockbrokerINR 2-3 LPAINR 5-7 LPA
Business ExecutiveINR 2.50 LPAINR 7 LPA
Financial AnalystINR 5 LPAINR 10.1 LPA
Financial ConsultantINR 6.28 LPAINR 14 LPA
Finance ManagerINR 9 LPAINR 30 LPA
Tax ConsultantINR 5 LPAINR 9.5 LPA
Chartered Accountant INR 7 LPAINR 15 LPA
Company SecretaryINR 6.25 LPAINR 17.2 LPA
Chartered Financial AnalystINR 6.9 LPAINR 16 LPA
Certified Management AccountantINR 14 LPAINR 50 LPA
Financial Risk ManagerINR 9 LPAINR 23 LPA
Certified Financial PlannerINR 3.50 LPAINR 10.9 LPA
Commerce TeacherINR 6 LPAINR 8 LPA
AuditorINR 3 LPAINR 9 LPA
Marketing ManagerINR 7 LPAINR 42 LPA
Investment BankerINR 13 LPAINR 84 LPA
Sales AssociateINR 5 LPAINR 12 LPA

See Also: BCom Subjects

Jobs After B Com Sector-wise

In this section, we have included the jobs after B.Com that students can apply in the public, private and banking sectors. Find out the best B.Com jobs depending on the sector, salary, and your personal and professional career goals.

Read More: B.Com Honors

Those students who are interested in applying for B.com jobs in government sector can apply for public job roles through entrance exams. The table below mentions the various jobs after B.Com in government sector with their average and highest salary:

Government Jobs After B.com and Salary

After completing a B.Com, there are several jobs after b.com and salary per month is given below -

Sector PositionStarting Salary
Banking SectorClerk/AssistantINR 20,000 - 30,000
Probationary Officer (PO)INR 30,000 - 60,000
Staff Selection CommissionSSC CGL (Tax Assistant/Auditor)INR 25,000 - 50,000
Railway Recruitment BoardAccounts/Finance/AdministrationINR 30,000 - 50,000
Public Sector UndertakingsVarious Finance/Accounts RolesINR 30,000 - 60,000
Insurance SectorAssistant Administrative Officer (AAO)INR 30,000 - 60,000
Income Tax DepartmentTax Assistant/InspectorINR 25,000 - 60,000
Government Schools/CollegesTeaching Positions (with B.Ed)Varies widely
State Public Service CommissionVarious Administrative RolesVaries by state and position

Private Sector Jobs after B.Com

There are more work options in the private sector than in the government sector, even though the two industries offer nearly identical occupations. ICICI Bank, ABC Consultants, Infosys, KPMG, Nestle India, and other reputable companies are just a few of those who hire candidates after completing a B.Com.

Job RoleDescriptionSalary Range (per month)
Accounting and Finance
Accounts Executive/AssistantAssisting with financial operationsINR 20,000 - 30,000
Financial AnalystAnalyzing financial data and trendsINR 30,000 - 50,000
Tax ConsultantProviding tax advice and preparing returnsINR 30,000 - 60,000
Internal AuditorEvaluating financial operationsINR 40,000 - 70,000
Banking
Bank OfficerCustomer service and account managementINR 20,000 - 40,000
Relationship ManagerManaging client relationshipsINR 30,000 - 60,000
Insurance
Insurance AgentSelling insurance policiesINR 20,000 - 40,000
Claims AnalystEvaluating and processing claimsINR 25,000 - 50,000
Sales and Marketing
Sales ExecutivePromoting and selling productsINR 20,000 - 35,000
Marketing ExecutiveAssisting in marketing strategiesINR 25,000 - 50,000
Digital Marketing SpecialistManaging online marketing effortsINR 30,000 - 60,000
Human Resources
HR ExecutiveRecruiting and onboardingINR 25,000 - 50,000
Payroll ExecutiveManaging payroll and compensationINR 30,000 - 55,000
Supply Chain and Logistics
Logistics CoordinatorManaging transportation and logisticsINR 25,000 - 45,000
Inventory ManagerOverseeing inventory levelsINR 30,000 - 60,000
Business Development
Business Development ExecutiveIdentifying new business opportunitiesINR 25,000 - 50,000
Market Research AnalystAnalyzing market trendsINR 30,000 - 60,000
Consultancy
Management ConsultantAdvising businesses on strategiesINR 40,000 - 80,000
Financial ConsultantProviding financial adviceINR 35,000 - 70,000
Information Technology
Business AnalystAnalyzing business needs and IT solutionsINR 30,000 - 60,000
Data AnalystInterpreting data for business decisionsINR 30,000 - 60,000
Startups and EntrepreneurshipWorking in startups or starting own businessVaries widely

More about BCom: 

Related Links

Courses after BCom

BBA vs BCom

BCom Subjects and Syllabus (General)

BCom Subjects and Syllabus (Honors)

B.Com Jobs in Banking

B.Com graduates can also work in the banking sector under various job roles such as sales executive, VR manager, relationship manager, etc. The table below mentions the jobs after B.Com in the banking domain:

Job RoleApproximate Salary Range (per month)
Bank ClerkINR 20,000 - 30,000
Bank Probationary Officer (PO)INR 30,000 - 60,000
Relationship ManagerINR 30,000 - 70,000
Credit AnalystINR 35,000 - 70,000
Loan OfficerINR 25,000 - 50,000
Operations ExecutiveINR 25,000 - 50,000
Branch ManagerINR 50,000 - 1,00,000
Sales ExecutiveINR 20,000 - 40,000
Investment Banking AnalystINR 40,000 - 80,000
Financial AnalystINR 30,000 - 60,000

Check also the salary structure of some of the top engineering courses:

Software Engineering Salary in IndiaMechanical Engineering Salary in IndiaPetroleum Engineering Salary in India

Jobs After B Com in India

After earning a B.Com degree, candidates in India have access to a variety of job opportunities. A candidate may find employment in several significant industries, including banking and insurance, auditing firms, tax consulting firms, and accounting firms. Top businesses are based in significant cities like Mumbai, Bangalore, Pune, and Delhi, which are all metropolises.

Let's talk about the top job descriptions in different Indian cities and the typical salaries granted to applicants.

Further Reading: Airport Manager Salary

B Com Jobs List and Salary

In this section, we have included some of the most popular options for jobs after BCom with their average as well as highest salary. The table also includes the job description. Read now -

B.Com JobsJob DescriptionAverage SalaryHighest SalaryTop Recruiters
AccountantAccountants are involved in tax preparation, auditing, analyzing financial performance, financial forecasts, and risk assessment for a specific firm.INR 2.48 LPAINR 5.8 LPAAccenture, Deloitte, EY, TCS
BankerBankers provide advice on savings, investments, loans, and securities to clients.INR 3.61 LPAINR 8 LPASBI, IBPS, RBI, PNB
Tax Consultant/AdvisorA tax advisor or consultant assists individuals and businesses in filing their taxes. They have deep knowledge of tax law and tax compliances.INR 5 LPAINR 9.3 LPAEY, Deloitte, Accenture, AISPL
Finance ConsultantA financial consultant tracks and plans the financial future of a company. They provide guidance about profitable investments and other advantageous procedures needed by the company.INR 10.03 LPAINR 20 LPAGoldman Sachs, Morgan Stanley, KPMG
AuditorAuditors analyze data on spreadsheet when checking corporate accounts or financial control systems to evaluate risks and threats.INR 4.61 LPAINR 10 LPAKPMG, Genpact, Deloitte, TCS
Export-Import ManagerExport-import managers manage shipments as per the tariff coding system. Overall, they maintain a steady and smooth flow of export and import through appropriate customs negotiations and arrangements.INR 2.44 LPAINR 6.5 LPACommScope, Global Job Placement, PMS Consulting, Bosch Group
StockbrokerStockbrokers use their stock knowledge to manage stocks, secure market, and finances.INR 3.93 LPAINR 8.11 LPAAngel Broking Limited, Reliance Capital Ltd, ICICI direct

Career After BCom

After B.Com, many candidates choose to pursue higher education in order to enhance job prospects. In this competitive world, it takes more than just a graduation degree to get a strong head start in your professional career. Therefore, it is important to acquire advanced training or expertise in the subject of your choice. There are a wide variety of course options after B.Com to gain skills and knowledge. 

How to get a job after B.Com?

In the next section, we will discuss that after B.Com which course is best -

  1. Academic Courses after BCom -

In this section, we have listed the best courses after B.com. There are a number of academic, professional as well as finance-related courses available after BCom degree - 

  • M.Com

M.Com (Master's in Commerce) is one of the most common choices of course after B.Com. Students gain a deeper understanding of topics like accounting, taxation, business studies, statistics, economics, finance, international business, etc. in this course.

See Also: M.Com Subjects

  • MBA 

MBA offers numerous specializations, the most popular being MBA in finance. After earning a degree in MBA in Finance, you may find employment as a finance manager, consultant, financial analyst, portfolio manager, etc. 

  • B.Ed.

If you want to work as a teacher in a school after BCom, you can pursue a Bachelor of Education (B. Ed). When you finish your B.Com course and pass the UGC-NET, you can pursue an M Com and then a PhD if you want to become a professor. 

See Also: B.Ed. Entrance Exam

2. Professional Courses After BCom -

  • Chartered Accountancy (CA)

Among graduates of commerce programs, chartered accounting (CA) is one of the most sought-after job paths. Chartered Accountancy includes practices like accounting, auditing, taxation, and financial assessment for an individual or organization. Institute of Chartered Accountants of India (ICAI) grants professional certification to candidates who successfully complete CA courses to make them eligible to engage in professional practice.

Check Also: CA Salary in India

  • Company Secretary (CS)

After earning a B.Com, company secretary is a well-liked job path that requires a professional course. The Institute of Company Secretaries of India (ICSI) oversees the regulation of the company secretary profession in India. As a professional, a company secretary handles issues relating to tax returns, legal and statutory requirements, record-keeping, counselling the board of directors, and ensuring that the company conforms.

  • Certified Management Accountant (CMA)

The Institute of Management Accountants offers this course as a certification, preparing the student for a wide range of positions in financial accounting and strategic management. The program constitutes a two-part exam covering decisions relating to external financial reporting, planning, budgeting, and forecasting, performance management, cost management, internal controls, technology, and analytics, financial statement analysis, corporate finance, etc. 

Read more: CMA Course

3. Business Accounting and Taxation (BAT)

This short-term professional course will give you the theoretical and practical knowledge of accounting and taxation you need to be prepared for the workplace. Goods and Service Tax (GST), Direct Taxation, Payroll, Financial Reporting, Tally, Excel for Accounting & MIS, Finalization of Financial Statements, Busy Software, and SAP are all covered in the training syllabus.

4. Association of Chartered Certified Accountants (ACCA)

ACCA is the topmost organization that grant professional accounting certification. ACCA Course consists of 14 exams and the duration of the course is usually 4-5 years. The majority of students enjoy this course because it is expanding so quickly. 

Read More: 

ACCA Subjects

Finance Courses After BCom

  • Chartered Financial Analyst (CFA)

The CFA Institute oversees the CFA program(formerly the Association for Investment Management and Research). The applicants must pass three tiers of exams that evaluate them in accounting, economics, business ethics, money management, and security analysis. Candidates are certified as financial analysts and qualified to practice professionally after passing all three levels.

Read more: CFA Full Form

  • Financial Risk Management (FRM)

FRM is an internationally recognized profession in the financial markets. Professionals working in the financial risk management industry can obtain certification from the Global Association of Risk Professionals (GARP). Professionals with at least two years of work experience in financial risk management must pass a two-part exam to become FRM certified.

  • Certified Financial Planner (CFP)

The Certified Financial Planner credential is another well-known professional designation in the financial planning industry (CFP). One of the most challenging financial advisory program is the CFP designation, which is given by the Certified Financial Planner Board of Standards, Inc. The certification program includes a rigorous exam to gauge aptitude and moral standards. A CFA is qualified to offer financial planning advice for taxes, investments, education, insurance, and retirement.

  • Certificate in Investment Banking (CIB)

CIB is a well-known international certification with promising salary packages. It concentrates on important aspects of banking and finance, including Financial Statement Analysis, Asset Class Valuations, including DCF, Corporate Actions and Restructuring, IPO, Listing and Fund Raising, Mergers and Acquisitions, Transactions Analysis, and Leverage Buyouts (LBO).

Competitive Exams After BCom

Apart from the list of jobs after BCom, students can also build a career after BCom in government organizations as well as national banks of India. To acquire government or banking jobs, students must clear relevant competitive exams, which include: 

Jobs after BCom: Top Recruiters

Following are the companies hiring B.Com graduates at well-paid packages are:

                                                                                                                                        Top Recruiters
AIG Analytics & Services Private Limited Amazon Avalon Technologies Private Limited
Mckinsey Global Services India Private LimitedBarclays BankBMTG Advisors India Pvt Ltd
Blue Ocean Personnel & Allied Services Private LimitedBoston Consulting GroupMantarav Private Limited
Capgemini Technology Services India Limited  PHILIPSChegg India Pvt Ltd   
Cognizant Technology Solution India Private LimitedPlanetSparkPhronesis Partners
D&A Financial Services (P) LimitedPosist TechnologiesDeloitte USI    
Praxian Global Private LimitedD.E Shaw India Private LimitedE&Y

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Jobs after BCom and Salary

By - Chetna Verma 2024-11-14 13:01:37 , 8 min read
Read More

Frequently Asked Questions

Which job is best after B.Com?

Here is a list of the best job options after B.Com: • Certified Management Accountant (CMA) • Accountant • Chartered Accountant • Financial Risk Manager (FRM) • Certified Financial Planner. • Certificate in Investment Banking (CIB) • Bachelor of Education (B.Ed)

What is the B.Com Salary?

The starting BCom salary ranges between INR 2-4 LPA. As one gains experience and expertise in a particular domain, the salary increases to INR 6-8 LPA.

Is B.Com good for future?

Yes, because B.Com opens up several job and career options in both private as well as government sectors. Students can work in government organizations as bank, UPSC, SBI PO, etc. The program also prepares and trains students for advanced career options like Chartered Accountancy (CA), Company Secretary (CS), Certified Management Accountant (CMA), etc.

Which job is best for B.Com freshers?

Here is a list of the top jobs for B.Com graduates: • Accounting and Auditing. • Tax Advisory Services. • Financial Services. • Commercial Banking • Insurance Services

Which is better B.Com or BBA?

Students who have interests in numbers must opt for B.Com course. Those who are interested in theory and want to work in management should opt for BBA. As far as scope and career are concerned, both have equal opportunities.

Which are the government jobs after B.Com?

Some of the BCom jobs in the government sector are: • RBI Officer • IBPS PO • SBI PO • SBI Clerk

Which B.Com has the highest salary?

BCom experts in Marketing and Management earn an average salary of INR 3.57 LPA. Following this specialization, you can opt for many high-paying jobs such as Management Consultant, Business Development Manager, General Service Manager, etc.

Who earns more BSc or BCom?

While both BSc and BCom jobs have a wide scope in the industry, BCom is definitely a better option for to earn more. With BSc you get to work in laboratories, teaching, small level management jobs. However, with BCom, you can get to work in banks, government sector, management and finance roles.

What are the career options after BCom?

After BCom, there are various career options to explore such as pursuing an MBA, working in finance or accounting firms, becoming a financial analyst, tax consultant, or entering the field of banking and insurance.

Are there any government job opportunities after BCom?

One can apply for positions in government banks, public sector companies, regulatory bodies, and various government departments where commerce graduates are sought after.

Can I start my own business after BCom?

Yes! BCom provides strong foundation in commerce and business principles, which helps in students starting their own business.

Can I work in multinational companies after BCom?

Yes, many multinational companies hire commerce graduates for various roles such as finance analyst, business development executive, marketing associate, or operations manager.

Can I opt for a career in the field of marketing after BCom?

Yes! BCom provides a solid foundation in business and marketing principles. One can pursue a career in marketing by working in advertising agencies, marketing firms, digital marketing companies, or even starting your own marketing consultancy.

Can I opt for a career in the field of marketing after BCom?

Absolutely! BCom provides a solid foundation in business and marketing principles. You can pursue a career in marketing by working in advertising agencies, marketing firms, digital marketing companies, or even starting your own marketing consultancy.

What are the career options in the field of taxation after BCom?

After BCom, you can explore career options in taxation such as becoming a tax consultant, tax analyst, or working in tax departments of accounting firms, corporations, or government agencies.

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