Opportunities for a Career for B Com Freshers

safalta Published by: Ishika Kumar Updated Sun, 24 Jul 2022 09:32 PM IST

Highlights

if you wanna know about opportunities for a Career for B Com Freshers, then read this article for more details.

Being a student and becoming a working professional at the same time can be very nerve-racking. Despite the campus placement services offered by your institute, it is a good idea to be aware of the career prospects for freshmen that are out there. Now, while some people choose to start their careers as soon as they graduate, others opt to enroll in additional courses that will help them advance their careers.
So, in this blog, we'll talk about the B-com jobs for freshmen that you can apply for right away and the ones that you can get after taking the necessary courses.
 
 
 

1. B com fresher jobs after graduation

  • tax advisor (Average starting salary is approximately 5LPA)
  • Auditor (Starting salary begins from approximately 4.6 LPA)
  • Trading Broker (The average starting salary is approximately 3.93 LPA)
  • Banker (Salary begins from approximately 3.61 LPA)
  • Export/import Coordinator (The average starting salary is approximately 2.44 LPA)
  • Accountant (Starting salary begins from approximately 2.48 LPA)
  • financial advisor (Salary begins from approximately 10 LPA)
  • consultant for insurance (Average starting salary is approximately 3LPA)
 

2. B com jobs with advanced degrees

MBA

For freshmen, pursuing a Master in Business Administration (MBA) might lead to lucrative employment prospects. The best part is that students from any course can enroll in a 2-year MBA program that teaches the finer points of business management.

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The Common Admission Test, also known as the CAT, must now be passed in order to be admitted to an MBA program. The candidate's MBA college is chosen based on their CAT score. Since knowing how to conduct business has always been essential, it is not only among the greatest occupations in commerce but for everyone as well.
It is suggested that one has about two years of work experience before enrolling in an MBA, though this is not a hard and fast rule. However, if you are one who can’t afford to enroll in full-time MBA courses, nowadays online MBA courses from universities like NMIMS, Amity, etc. are also available. Based on the institute from which you have completed your MBA, jobs for MBA freshers and their salary packages vary accordingly.
 

Chartered Accountant

Chartered Accountancy is the greatest and second-most popular career in business (CA). CA is a fairly popular option for a B Com fresher job because, unlike MBA, one can begin applying at the end of 12th grade. To become a certified chartered accountant, one must first successfully complete three levels, namely CPT, IPCC, and CA Finals, as well as two and a half years of internship.
After earning your CA certification, you can find employment with MNCs and, after gaining some experience, have the option of opening your own business. An entry-level CA typically makes approximately 7 LPA.
 

Company Secretary

The position of a company secretary is another possibility for Bcom freshmen (CS). A CS is someone who oversees all legal activities for an organization, including handling tax returns for the business, keeping track of taxes, giving the board of directors wise counsel, and making sure all statutory and legal requirements are completed. However, one must be well-versed in corporate law in order to apply for a position as a CS. Therefore, enrolling in the three-year business law course is encouraged. In India, a CS's starting pay is equivalent to 4-5 LPA.
 

Master of Commerce (M.Com)

This is the most secure and common route for B-com students. You can learn more about the subject in-depth in M.Com than in B.Com, which aids in a better comprehension of the functions. After earning an M.Com degree, you might want to think about pursuing a Ph.D., a B.Ed., a career in banking, or perhaps one of the aforementioned positions that are deemed to offer the finest job chances for recent graduates. Any college of your choice will accept your application for an M.Com program, which typically lasts two years.
 

Chartered Financial Analyst

The Chartered Financial Analyst (CFA) credential is a well-known alternative for job openings for new graduates. Based on merit and subject-matter proficiency, a financial analyst can get the CFA designation after completing a 2.5-year course.
Advanced investment analysis, statistics, economics, portfolio management, and other subjects are covered in the CFA course. A three-tier exam must be passed in order to become a CFA. A CFA is one of the best job chances for new graduates due to the high demand for its professionals, which leads to recruitment by prestigious firms like JP Morgan, Deloitte, etc. A CFA's starting salary in India is roughly 5 LPA.
 

Business Accounting and Taxation

Business Accounting and Taxation (BAT), one of the greatest commerce careers, prepare potential employees for the accountancy sector. The BAT program, which is regarded as one of the finest B.Com fresher employment, equips students to engage in immersive and practical learning as well as to understand the most up-to-date techniques utilized in the accounting and taxation industries.
The training covers topics including GST, payroll components, ESIC, direct taxation, etc. in addition to tools. After completion, a variety of possibilities, including tax consultant, corporate legal assistant, company law assistant, etc., are available. About 4 LPA is the beginning wage for BAT.
 

US Certified Public Accounting

One of the greatest careers for fresh B com graduates is US Certified Public Accounting (CPA), which is offered by the American Institute of Certified Public Accountants (AICPA). In addition to having a thorough understanding of generally accepted accounting principles (GAAP), one needs to complete at least 150 hours of coursework and pass a four-part exam in order to become a qualified CPA.
A CPA's duties include everything from creating financial statement audits to giving guidance on tax and financial planning. But a CPA's main responsibility is to provide financial reporting and consulting services to aid in the financial progress. A CPA's starting salary in India is roughly 6.9LPA.

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Is B.Com good for future?

Candidates have the option of working in the public or private sector. You can apply for government employment at places like the bank and UPSC. The training also gets students ready for CS and CA exams. The most advanced job opportunities in this area include Chartered Accountant (CA), Cost and Work Accountant (CWA), and Company Secretary (CS).

Which B.Com course has highest salary?

Top Highest Paying Jobs for Commerce Students in India
  • Chartered Accountant. 
  • Investment Banker. 
  • Chartered Financial Analyst. 
  • Certified Public Accountant. 
  • Actuary. 
  • Cost Accountant. 
  • Professional Accountants. 
  • Retail Manager.

Is B.Com valuable?

One of the main reasons so many students select a B.Com. is that it is one of the most reasonably priced graduate programmes with a variety of rewarding employment opportunities. It is an entire degree programme that offers great value. Today, the majority of B.Com. degree courses cost between INR 10,000 and INR 50,000.

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