Did you know that over 43.22 lakh students enrolled in B.Com courses, of which 48.5% were girls? This makes it one of the most popular courses students choose after their 12th completion. However, having a simple BCom degree will not help you get a proper job. Most companies look for professionals with higher degrees.
What to do after B.Com?
There are multiple options available after completion of a BCom degree. You can choose the obvious MCom or MBA courses or look into professional courses like CA, ACCA, and more.
If you’re unsure about what to choose after BCom, here’s our list of the top 12 courses to consider in 2023, including course duration, eligibility criteria, average salary, and job opportunities.
Best Courses After B.Com to Get High Salary Jobs 2023
1. Master of Business Administration (MBA)
One of the most popular courses available to BCom students post-graduation is a Master of Business Administration (MBA). Depending on your specialization, you can study different aspects of business management. Most B.Com students prefer studying finance, marketing, and entrepreneurship.
● Course Duration – 2 years
● Course Eligibility – Entrance exams like CAT, CMAT, MAT, XAT and graduation scores
● Average Salary – 6-15 LPA
● Job Profiles – Managers, Executives, Consultants, Business Analysts, Financial Advisors
2. Master of Commerce (M.Com)
Another choice for BCom graduates is a post-graduation degree in M.Com or Master of Commerce. This detailed course helps students master the concepts they studied in B.Com but helps them apply them to the working environment.
● Course Duration – 2 years
● Course Eligibility – Valid marks in B.Com from a recognized university
● Average Salary – 3-6 LPA
● Job Profiles – CA, Tax Consultant, Sales Analyst, Financial Analyst
3. Chartered Accountancy (CA)
B.Com background students can aim for the Chartered Accountancy or CA field. But before admission, they must pass the CPT or Common Proficiency Test. Once candidates pass all three exams, they must complete a 2.5-year internship before becoming chartered accountants. Chartered Accountancy is one of the best options in the list of best courses to choose post-B.Com, as you can build your own CA firm.
● Course Duration – 3 years
● Course Eligibility – Graduation and 2.5 years of work experience
● Average Salary – 9-22 LPA
● Job Profile – Chartered Accountant
4. Certified Management Accountant (CMA)
If you want a career overseas post your B.Com graduation, then a Certified Management Accountant course is the way to go. The Institute of Management Accountants in the USA provides a CMA certification that is recognized across the world. Candidates must pass 2 exams with over 2 years of experience to enrol in this course.
● Course Duration – 6 months
● Course Eligibility – Graduation in B.Com and 2 years of work experience
● Average Salary – 8-14 LPA
● Job Profiles – Certified Management Accountant
5. Chartered Financial Analyst (CFA)
A Chartered Financial Analyst or CFA is a worldwide recognized course offered by multiple institutes. The CFA course covers multiple areas of advanced investment analysis, making it one of the best courses after B.Com. Some of its subjects include economics, statistics, financial analysis, probability theory, portfolio management, and more.
● Course Duration – 2.5 years
● Course Eligibility – Graduation in B.Com
● Average Salary – 10-25 LPA
● Job Profiles – Chartered Financial Analyst
6. Financial Risk Manager
If you want to enter the world of banking and financial management, then the Financial Risk Manager (FRM) course is for you. Offered by the Global Association of Risk Professionals (GARP), this course of 9 months will teach you the concepts behind risk management in the present market scenario. Exams for this certification are conducted in May and November.
● Course Duration – 9 months
● Course Eligibility – Graduation from a recognized college
● Average Salary – 10-18 LPA
● Job Profiles – Financial Risk Manager
7. Digital Marketing
If you want to move away from the normal crunching of numbers but do not want to lose your proximity to it completely, then a course in digital marketing is perfect for you. With the trend of brands and companies going digital, digital marketers are now the backbone of the economy.
● Course Duration – 3 – 11 months
● Course Eligibility – Any Graduation
● Average Salary – 4-15 LPA
● Job Profiles – Digital Marketer, SEO specialist, SMM Specialist, content writer
8. Wealth Management
Wealth Managers are responsible for looking over the complete financial services organizations offer their clients. These managers must support and guide the clients with financial recommendations for their investment plans. But, studying to become a wealth manager is a tedious road. It takes several years of education and work experience to become one.
● Course Duration – 5 months – 3 years depending on the course
● Course Eligibility – The course is offered at multiple levels of UG, PG, Diploma, Certification, and PhD.
● Average Salary – Certification – 1.5-3 LPA
■ Diploma – 2-5 LPA
■ UG – 3-6 LPA
■ PG – 4-8 LPA
■ Doctorate – 5-10 LPA
● Job Profile – Wealth Manager
9. Certified Financial Planner (CFP)
Another good course for B.Com students post-graduation is the Certified Financial Planner (CFP). People working in this sector must be experts in topics such as tax issues, investment planning, insurance decisions, and personalized financial details. To get this certification, students must have 4 formal requirements – educational qualification, relevant work experience, performance on the CFP exam, and professional ethics.
● Course Duration – 6 months
● Course Eligibility – Graduation in B.Com
● Average Salary – 3-5 LPA
● Job Profile – CFP
10. Association of Certified Chartered Accountants
The Association of Certified Chartered Accounts, or ACCA, is a globally recognized organization that offers professional certifications. As per the course, students need to clear 14 exams over a period of 3 years.
● Course Duration – 3 years
● Course Eligibility – B.Com degree and 3 years of work experience
● Average Salary – 4-15 LPA
● Job Profiles – Financial Analysts, Accounts Payable Officer, Associate Accountant
11. Company Secretary (CS)
Company Secretary or CS is a crucial profile for all organizations. They are required to handle all the legal and financial aspects of the organization. One of the best options for B.Com students post-graduation is CS.
● Course Duration – 3 years
● Course Eligibility – Graduation
● Average Salary – 4.5-10 LPA
● Job Profiles – CS
12. Bachelor of Education (B.Ed)
Another popular course post B.Com graduation is B.Ed. This two-year postgraduate teaching degree is perfect for those people who want to impart their knowledge to other students or want to make a career in academics.
● Course Duration – 2 years
● Course Eligibility – Any Graduation
● Average Salary – 3-10 LPA
● Job Profiles – Teachers in schools and colleges
Government Jobs After BCom: Courses and Salaries
As a BCom graduate, you have several government job options available to you, but it’s important to note that each position’s salary will vary depending on the candidate’s qualifications, experience, and the state or government agency offering the job.
These are just a few of the many government jobs that BCom graduates can apply for. The specific salary for each job will vary depending on the position, the state or government agency, and the candidate’s experience and qualifications.
| Civil Service Examination |
Starting salary of approx. Rs. 56,100 |
| Combined Graduate Level Examination |
Starting salary of approx. Rs. 35,000 |
| Institute of Banking Personnel Selection Probationary Officer Examination |
Starting salary of approx. Rs. 40,000 |
| State Public Service Commissions |
Starting salary of approx. Rs. 45,000 |
| Railway Recruitment Board Examinations |
Starting salary of approx. Rs. 40,000 |
Note: It is important to note that government jobs are highly competitive, and candidates must often pass through multiple stages of selection, including written exams, interviews, and physical tests. However, the benefits of government jobs, such as job security, good salaries, and pension benefits, make them attractive to many candidates.
BCom Jobs and Salaries in 2023
The average salary for a B.Com graduate in India is around ₹3.75 lakhs per annum. However, salaries can vary depending on the industry, company, and experience level. For example, B.Com graduates who pursue professional courses such as Chartered Accountancy (CA), Company Secretary (CS), or Chartered Financial Analyst (CFA) can earn significantly higher salaries.
Here are some of the best and high-paying jobs after B Com are as follow:
| Accountant |
3.75
|
EY, Deloitte, KPMG, PwC |
| Auditor |
4.61
|
KPMG, Genpact, Deloitte, TCS |
| Tax Consultant/Advisor |
5
|
EY, Deloitte, Accenture, AISPL |
| Finance Consultant |
10.03
|
Goldman Sachs, Morgan Stanley, KPMG |
| Banker |
3.61
|
SBI, IBPS, RBI, PNB |
| Management Consultant |
7.25
|
Bain & Company, McKinsey & Company, BCG |
| Business Analyst |
6.5
|
Amazon, Google, Microsoft |
| Data Analyst |
7.0
|
Deloitte, EY, KPMG, PwC |
| Human Resources Manager |
6.25
|
Infosys, TCS, Wipro, Cognizant |
| Marketing Manager |
6.75
|
Hindustan Unilever, Procter & Gamble, PepsiCo, Coca-Cola |
| Sales Manager |
6.5
|
IBM, Accenture, Dell, HP |
Top B.Com Colleges in India
Here is a list of the top 10 B.Com colleges in India in 2023, as ranked by the National Institutional Ranking Framework (NIRF):-
- Shri Ram College of Commerce (SRCC), Delhi
- Lady Shri Ram College for Women (LSR), Delhi
- Hindu College, Delhi
- Loyola College, Chennai
- St. Xavier’s College, Kolkata
- Narsee Monjee College of Commerce and Economics, Mumbai
- Christ University, Bangalore
- Jamnabai Narsee School of Commerce, Mumbai
- Hansraj College, Delhi
- St. Stephen’s College, Delhi
B.Com Jobs: Top Recruiters
Here is a List of Top Recruiters that hire B.Com graduates in 2023 are as follows:
- Ernst & Young
- Accenture
- Genpact
- TCS
- Capgemini
- Wipro
- Cognizant
- Deloitte
- KPMG
- Amazon
- Flipkart
Conclusion
B.Com students are required to understand the basics of accounting, taxation, business law, economics, insurance, management and others. These graduates have the opportunity of wider career options. But it is important to remember that graduates from good colleges and universities have a better chance to get top jobs. So, choosing a good institute that will open multiple job opportunities is best.
But, Before planning your course post-B.Com, it is best to understand the pathways open to you so you can plan accordingly. Make sure that you understand everything before enrolling for a course.
Best Courses After B.Com – FAQs
1. What career should I choose after BCom?
The best high-paying career options after B.Com are Chartered Accountant, Company Secretary, Investment Banker, and Financial Analyst, based on recent trends and market demand.
2. Which type of BCom is best?
There are two types of B.Com degrees: General B.Com and B.Com(Hons.). Honours B.Com degrees include a specialization in a particular field, such as accounting and finance, marketing, banking and insurance, international business, or human resource management. The B.Com in HR is considered to be one of the best B.Com specializations based on recent trends and market demand.
3. Why should you pursue B.Com?
Yes, B.Com is a valuable degree. It is a popular undergraduate degree in India that provides students with a broad understanding of business and commerce. Students who graduate from tier-1 colleges in India typically have better career prospects than students who graduate from tier-2 or tier-3 colleges, but this is not always the case.
4. Is a B.Com degree enough to get a job?
Your chances of getting a job after B.Com depend on your skills, such as communication skills and internship experience.
5. Which is best B.Com or MBA?
Which degree is right for you depends on your career goals and experience. If you are just starting out in your career, a B.Com degree is a good option. It will provide you with a solid foundation in business and commerce, and it will make you eligible for entry-level positions in a variety of industries.
Here are the main difference between B.Com and MBA are as follow.
| 3 years |
2 years |
| 12th grade pass |
Bachelor’s degree |
| Broad foundation in business and commerce |
Leadership and management |
| Entry-level positions in a variety of industries |
Senior-level positions in a variety of industries |
| Lower than MBA graduates |
Higher than B.Com graduates |
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Last Updated :
25 Sep, 2023
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