hi

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Help me career choice after b.com graduation

which course do chartered account or any else


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RE: Help me career choice after b.com graduation

Dr Aparna
Dr Aparna
Verified Career Expert
PhD Organizational Psychology
  • Hosur

Hello there!


I see you are willing to know the career prospects with a BCom degree. A commerce degree is very popular and well established in India. And these days the world has gone through a major industrial revolution, providing commerce services electronically known as the e-commerce. With a Bachelors degree in Commerce, I shall explain you in which sectors you are likely to get placed first. Please look at the picture below for better understanding.
Chartered Financial Analyst (CFA)

As a BCom graduate the common destinations for commerce students are into
1. Company secretaryship - where you get involved into a company's administration. Secretary positions are reputed within a company especially in education and manufacturing industries. It requires you to be further qualified for professional secretarial examinations. But the basic degree that it demands is a BCom degree.

2. Chartered Accountant - this requires you to study for a professional qualification like the CA. As a chartered accountant, you have high job prospects in India and abroad. Chartered accountants are always in demand with the BIG Four companies like the Ernst & Young, Deloitte, KPMG and PWC. If you aspire to work for the BIG Four companies, you can also start on an entry level role with a BCom degree. And you may simultaneously prepare for your professional exam while you are working.

3. Finance careers- Finance careers are broadly classified into four divisions.

3.1 Investment banking: You could work as an Investment Analyst, Credit Analyst or Investment banker and to start such roles, BCom is the basic degree required. Ideal company for these jobs will include the Goldman Sachs, GE Capital.


3.2 Personal banking will offer jobs in banking sector that deals with personal customers and business customers. Ideal companies to offer roles are ICICI, Axis bank, SBI Standard Chartered personal banking, ING Vysya, IndusInd bank, Indian Bank, Punjab national bank and other state banks.

3.3 Insurance careers: This requires you to complete an IRDD exam. Passing the exam, you initially start as an insurance advisor and then progress to sales and business development roles. Ideal companies offering such positions include SBI Life Insurance, GE Money, Aditya Birla Insurance, LIC, Max New York Life insurance etc.

3.4 Wealth management careers. You again work similar to the investment bankers. You are also likely to get jobs in Goldman Sachs, GE Capital as a Wealth Analyst.

4. Commerce analyst/ Economist: With a BCom degree that also includes Economics as a subject, you can work as a Commerce analyst or an e-commerce analyst for major retail stores in India or abroad.

5. Sales and marketing: Finally students also choose sales and marketing sector where they could be involved in sales and marketing of the company's products. They could upgrade their knowledge by doing an MBA in Marketing to stabilise their career.

Hope this picture helps. Good luck.
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