The Bachelor of Commerce is a graduate-level degree program created to improve students' capacity to learn and research a wide range of areas, including economics, business administration, finance, and accounting. This course gives students the analytical, communication, and problem-solving abilities they need to effectively identify problems, gather data, and come up with functional solutions.
Following the completion of the B.Com, students can pursue a variety of fascinating postgraduate choices, including the MBA, M. Com., LAW, international studies, design and merchandising, MBE, finance, and economics, among others, that will help them stand out from the competition and position them for success in the global economy. After earning your B.Com degree, you have a wide range of academic possibilities and can also easily find lucrative employment chances.
The industry accepts them on the same footing as students with professional degrees, such as a BBA or a hotel management certificate, and occasionally even higher, if the applicant attended a reputable university. There are most universities and colleges in India offer the B. Com degree, which allows anyone to apply at any of the top B. Com colleges in the Delhi NCR region and choose the best curriculum.
Benefits of Pursuing B. Com from Top Colleges
Better Career options
In several occupational fields, including higher education, administration, public affairs, and social services, a master's degree is now the prerequisite for employment rather than a bachelor's. In the past, someone having a bachelor's degree, such as a B. Com, could find work as an admissions counselor, academic adviser, or supervisor of student services. Although having a graduate degree does not ensure eventual success, it undoubtedly offers many more work opportunities. As a result, you can count on a B.Com degree to lead to job possibilities that are focused on delivering results.
More rapid career development
Earning a graduate degree in business administration (B. Com) demonstrates persistence, drive, intelligence, and the capacity to handle demanding environments—all traits that employers look for in candidates for manager and director roles. An individual will be in line for advancement prospects inside his or her company if they have proven themselves successful in a long-term position that calls for endurance, self-control, leadership, and the capacity for cooperative behaviour.
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Certified Public Accounting: For students who have finished or are currently pursuing a B. Com degree, this is one of the most well-liked and frequent opportunities. After finishing B. Com with at least a 55% grade or after completing any graduating course with a 60% grade, one may apply for CA. Even a Chartered Accountant's pay bracket is often on the higher end.
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MBA in Finance: Most students mistakenly think that an MBA in finance is comparable to an accounting degree, although accounting is simply one aspect of the wide field of finance. One must take the CAT, XAT, and GMAT to be eligible for MBA (financial) programs at top B-Schools in India, with a minimum score of 99.99 percentile.Even after finishing a course, there are several chances available to you, and you may become a significant member of a corporate financial group and make a good living doing it.
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Master of Commerce, M. Com: After completing their B.Com study at any of the top B.Com colleges in Greater Noida, students can pursue an M.Com, or Masters in Commerce, degree. Here, students have a variety of specializations to select from, including Economics, Statistics, Finance, Business, Accounting, and more. They can also continue their studies by pursuing an M.Phil. or PhD.
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ICWAI: After completing their B.Com degree, students in the commerce major can enroll in the Institute of Cost and Works Accountants of India's (ICWAI) cost accounting course. The positions of financial controller, cost controller, chief accountant, and chief internal auditor are all rewarding career paths for ICWAI graduates.
Numerous Job Profiles
Following course completion, B.Com graduates have a variety of job profile options depending on their qualifications and areas of interest, including Accountant, Auditor, Consultant, Company Secretary, Business Analyst, Finance Officer, Sales Analyst, Junior Analyst, Tax Accountant, Stock Broker, Economist, Business Development Trainee, and others. Opportunities for employment for experienced and talented professionals are plentiful.
Huge Job Sectors:
After earning their B.Com degree, students have a wide range of options in which to pursue their passions. Business consultancies, educational institutions, industrial buildings, public accounting firms, policy planning, foreign trade, banks, budget planning, inventory control, merchant banking, marketing, working capital management, the Treasury and Forex Department, investment banking, and a plethora of other career options are among the employment opportunities available to commerce graduates.
Better Salary
Many commerce graduates earn substantial wage packages, while the pay for applicants varies from department to department due to the wide range of job profiles and career options available. Candidates with a few years of experience could earn a good salary. The type of organization and profession a student chooses as a career option will affect their salary. For a new hire, it varies from Rs. 30,000 to Rs. 45,000 each month. In the company, a CA typically earns between 5 and 10 lakhs per year.
Conclusion
These are the overview of the courses you can take after earning your B.Com degree, for which you'll need to be aware of your preferences in terms of certain disciplines. Choose a CA, CPA, or ACCA degree if accounting is your area of interest. Alternately, if you think finance is your thing, enroll in an MBA program in finance at a reputable university. Reflect on your life. Have some free time on hand so that you have time to consider all of your possibilities.
Instead of relying just on the amount of job openings in various industries, one can always make intelligent decisions by researching the market and determining what the needs of the future market will be. Remember, pursue your passions, and success will follow. As a result, selecting the top B. Com colleges in Greater Noida, such as KCC Institute of Legal and Higher Education, is always in your best interest.
FAQs
Q1. Why do people choose to major in B. Com?
Reasons to choose B. Com degree.
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Tools and methods for success.
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Increase your employability.
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An introduction to the business world.
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Flexible study possibilities.
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Develop transferrable skills
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Get degrees that are recognized throughout the world
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Connect with employers
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Expand your business network.
Q2. Is a career in B.Com a wise choice?
B. Com is one of the most popular undergraduate degrees in India due to the wide range of employment options. One might pick popular jobs or pursue conventional professional career options after receiving a degree in commerce, such as accounting, chartered accounting, company secretary, bank-PO exams, etc.
Q3. Which B.Com degree is the best?
Some of the key specializations that the B. Com course provides are listed below:
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B. Com Banking and Insurance.
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B. Com Banking Management.
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B. Com Professional Accounting.
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B. Com Taxation and Finance.
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B. Com Accountancy.
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B. Com Tourism and Travel Management.
Q4. How much does a B. Com graduate make in India?
In India, the typical B. Com pay is 275,000 per year, or 110 per hour. Most experienced workers can earn up to 1,656,000 per year, while entry-level roles start at 224,000.
Q5. Is BBA or B.Com better?
So, if your preference is for management-related positions solely, a BBA degree is what you should pursue. The ideal alternative for you, however, is a B.Com if you are more interested in management, accounts, and finance and want to work in the business sector. The other thing that counts is your potential.