Sahil Sharma

Help me career choice after b.com graduation

which course do chartered account or any else

by Sahil Sharma
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3 answers

RE: Help me career choice after b.com graduation

Dr. K.V. Anand
Dr. K.V. Anand
Verified Career Expert
Career Guide, Educationist, Author and Clinical Psychologist
  • Palakkad

Dear
Welcome to CareerGuide.com
We are more than happy to guide you to your perfect career.

Great to see you here. You are B Com. Very good and Great!. Before going further, I shall advice you to take your skill set assessment. In this site, there are some psychometric assessment tests which assesses your personality, skill set, aptitude, attitude etc. These are very important for your career growth. Because career is self actualisation and self satisfaction, you should choose the career with care. For that knowing yourself should help. You have improve areas wher you are lagging and polish those areas which you are good at. That is the starting point of your career. Hope I am being clear.

B Com is the basic degree in Commerce. You study accounting practice, statistics, business economics, cooperation and related subjects. Now you can go further and specialize in a certain area of commerce and business field for better career growth and good salary options. If you want to study further, you can go for MBA, M Com, Chartered Accountancy or Cost Accountancy careers which are equally attractive.

Selection is tough. I shall advice you to go for a career in Chartered Accountancy or Cost Accountancy. Both these branches are very much proven and are apt for career growth. But, I warn you, the examinations involved in achieving these qualifications are relatively tough and needs a lot of hard work. If you are ready for that, you will be greeted with lucrative assignments in every industry field, because accounting career is required by every field of industry. You will be in demand. Industries will reach you. You need not to go finding a job. They will come to you. Such will be your demand. Then you can dictate terms.

MBA and MCom are other options. Relatively easy and therefore not that lucrative. But if you have the capacity and skill in you, they also can me made lucrative. You excel in your education and if you have the skill and attitude required by the industry, and if you put yourself if a position where you become sought after, you have the last say. MBA Finance is one option which gives you good salary package. Go through other specializations and you can find one suitable for you.

Career is something which is supposed to provide you satisfaction. Choose your career and studies wisely. We shall help you with expert advice.

May god bless you in all your endeavors.
Good Luck.
Dr. K V Anand

RE: Help me career choice after b.com graduation

Aparna M Venkatesan
Aparna M Venkatesan
Verified Career Expert
PhD Management And Organizational Psychologist
  • 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.

RE: Help me career choice after b.com graduation

Renu
Renu

A wonderful answer by @appumira Must recommended

RE: Help me career choice after b.com graduation

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