Best Career Options after B.Com: Eligibility, Salary, Top Colleges

Chartered Accountant (CA)

There are 3 stages in the CA course namely CA Foundation, CA Intermediate and CA Final. Clearing all three stages along with an internship will help you become a certified Chartered Accountant. There are many options for a BCom graduate after completing a CA in a variety of industries, including consulting, auditing, tax administration, finance, and financial analysis. You can also open your own CA firm and practice.

You need to complete the Foundation, Intermediate and Final exams of the CA course. 

Starting salary of INR 8 LPA to 10 LPA

Banker

After completing your BCom degree, if you are wondering about the best jobs after BCom and salary, then the banking sector will be suitable for you. Both private and public sector banks prefer candidates from the commerce stream.

Candidates after completing their B.Com can pursue an MBA for private banking jobs or can appear for RBI, SBI, or IBPS exams for government banking jobs. 

A fresher will get INR 3 LPA to 6 LPA

Company Secretary (CS)

A CS is responsible for managing all the legal aspects of an organization. They mostly take care of a company’s tax returns, maintain tax records, offer actionable advice to the board of directors, and ensure that all the legal and statutory regulations are met.

Passed the CS Professional programme.

INR 6 LPA to 9 LPA at the beginning of their career

Chartered Financial Analyst (CFA)

One of the best career options after B.Com is becoming a CFA which is a globally recognised professional degree offered by the CFA Institute. CFA is taught across three levels; CFA Level 1, CFA Level 2, and CFA Level 3. You can make a career in fields like banks, finance companies, mutual funds, auditing firms, legal houses, portfolio management companies, stock broking companies, attorneys, copyright registers, investment firms, patent firms, trade mark companies etc.

Complete 3 levels of CFA along with 4 years of relevant work experience.

The starting salary of a CFA in India is INR 6 LPA to INR 8 LPA. 

Tax Consultants

As a professional, a tax consultant helps businesses choose the best possible way to pay their taxes. They also find differences between the income and deductions of taxpayers. These consultants examine business proposals and decide whether they may be profitable enough to pay personal or company taxes.

Complete B.Com, get an MBA degree, pursue specialised certification courses such as Corporate Tax Planning, Taxes and Decision Making, etc and do internships. 

The average salary for a Tax Consultant is INR 6 LPA in India.

Retail Store Manager

As Retail Store Managers, people have to maintain inventory by executing purchasing plans and staying in contact with vendors and shippers. They make sure to manage the pricing, and inventory and the quality of the products sold in a retail store. They look after their department's floor staff if they are up to date on all new products and changes to the store's prices.

To become a Retail Store Manager, candidates need to complete their B.Com and can also CAT, MAT or XAT for management courses.

They can expect an average salary of INR 4 LPA to 7 LPA

Account Executive

One of the best career options after B.Com is becoming an Account Executive. They have to find new clients and sustain ongoing business relationships with existing ones. The executives will have to meet the demands of the clients, negotiate contracts, work with or manage a team to entice prospective clients and meet company quotas.

Completed B.Com in business or relevant field and have 2 to 3 years of work experience.

The average salary of  an Account Executive will be INR 5.5 LPA.

Business Accountants

As Business Accountants, professionals have to manage all transactions of an accounting firm, prepare budget forecasts, organise tax returns, and manage balance sheets and profit and loss statements. These accountants can also work with top accounting firms in India.

Complete the B.Com course first and can also study M.Com or MBA. 

The average salary of a fresher Business Accountant is INR 8 LPA.

Human Resource Manager

A Human Resource Manager is a professional who manages the hiring and training of employees in an organisation. They also handle employee benefits and employment contracts for their company. HRs need to manage compensation, benefits, recognition, training, performance management and employee relations in a manner that retains employees long-term and builds the employer brand.

Get your B.Com degree and then apply for the MBA HR programme. 

The starting salary of an HR will be around INR 5 LPA to 7 LPA. 

Investment Banker

The job of an Investment Banker is considered one of the best career options after B.Com as professionals deal with developing financial models, performing financial analysis and advising clients on different investment options.

Get your B.Com degree in Finance or accounting and enhance your job chances by doing a Master’s degree in Finance or MBA. 

The starting salary is INR 6 LPA to INR 7 LPA. 

Teacher or Professor

B.Com graduates can work as Commerce teachers or professors at schools and colleges after higher education. 

To become a teacher, candidates must pursue a B.Ed course. Complete your B.Com degree, then M.Com and either appear for a competitive exam such as NET, GATE or SET or do a PhD to become a professor.  

The teachers can expect a starting salary of INR 4 LPA and professors can expect INR 7 LPA.

Bank Manager

Bank Managers are responsible for various tasks of credit unions, bank branches or similar financial institutions. They are responsible for managing operational functions and finding solutions to operational issues. 

Minimum graduation and qualifying SBI PO or IBPS PO entrance exams

INR 7 LPA to INR 8 LPA minimum

Business Analysis

If you are looking forward to gaining some professional skills after B.Com courses, then one of the popular course options is to apply for a Business Analysis programme.

BCom/ BCom (Hons) students are given preference

INR 3.5 LPA to INR 5.5 LPA

Digital Marketing

If you are thinking about how to become a Digital Marketer, then you need to get a graduation degree first. MNCs are always on the lookout for candidates with a background in commerce and certification in Digital Marketing due to the rise in Digital Marketing Platforms.

Graduation degree

INR 4.5 LPA to INR10 LPA

UPSC or SSC

With a BCom degree in hand, you can become an IAS Officer/ IPS Officer or an IFS Officer by appearing for exams like UPSC Civil Services Exam, UPSC CDS Exam, SSC CGL Exam which are considered the best career options after B.Com.

Graduation Degree

INR 4.5 LPA - INR 13 LPA

Financial Risk Manager

INR 10 LPA to INR 18 LPA

Business Analyst

INR 3.5 LPA to INR 5.5 LPA

Digital Marketer

INR 4.5 LPA to INR 10 LPA

Public Sector Banker

INR 5 LPA to INR 12 LPA

Accountant

INR 3.5 LPA to INR 18 LPA

Financial Risk Manager

Deutsche Bank, Deloitte, RBS, HSBC, Citigroup

Business Analyst

EY, KPMG, Deloitte, PWC

Digital Marketer

Deloitte, Accenture, Oracle, Gartner

Public Sector Banker

SBI, IBPS, PNB, RBI

Accountant

Banks, Corporate Sector Companies, etc

MBA course (Master of Business Administration) 

Candidates will learn to manage all the aspects of a business based on the specialisation they choose during the MBA course.

2 Years

Graduation with a valid score in CAT/ XAT/ MAT/ CMAT or any other relevant test score.

M.Com course (Masters of Commerce)

If you want to start your career as a Market Researcher/ Economist/ Lecturer/ Analyst then study M.Com.

2 years

A B.Com degree is a must

CA course (Chartered Accountancy)

The best career option after B.Com is CA. Interested candidates can choose to do CA right after completing 10+2. CA has three stages, namely CPT, IPCC, and CA Finals. Clearing all three stages along with an internship of 2.5 years makes you a certified Chartered Accountant.

3 years to 5 years

Students should get at least 50% aggregate marks in their Class 12 for the Foundation exam. 

CS course (Company Secretary)

The CS course involves the study of law in the corporate field. It is a three-year-long course which involves three stages- Foundation, Executive, and Professional

3 years

Graduation or Class 12th degree

CFA course (Chartered Financial Analyst)

The CFA course comprises three levels and is offered by CFA Institute in America. It is considered the highest standard and one can become a financial analyst, a statistician, or a market research analyst after doing this course.

2.5 Years

Graduation/ Final Year of Graduation

CMA course (Certified Management Accountant)

CMA is an international certification course. To become a CMA, a student has to clear two examinations. CMA prepares individuals in the field of financial planning, analysis, decision support, control, and professional planning.

6 Months

Graduation + 2 years of work experience

BAT course (Business Accounting and Taxation)

Among the best career options after B.Com, Business Accounting and Taxation (BAT) is trending. The course is prepared in a way so that candidates get a practical understanding of accounting, taxation, reporting, and other skills that are mandated for accounting firms (Big 4s), KPO, and other finance and accounting sector jobs.

8 weeks to 12 weeks

BCom degree and above

B.Ed course (Bachelor of Education)

A B.Ed course is quite trending these days. BCom graduates can become teachers after completing a B.Ed. 

2 years

Graduation Degree

ACCA course (Association of Chartered Certified Accountants)

The ACCA certification course is one of the finest accountancy certifications for individuals aspiring to become financial professionals. The ACCA stands for the Association of Chartered Certified Accountants.

3 years on average

BCom with at least three years of experience

CIB course (Certificate in Investment Banking)

The CIB certificate course evaluates all banking, finance, and other monetary sectors of banking and investment professionals. After completing the CIB course, a candidate can pursue a career in investment banking, private wealth management, equity research, private equity, asset management, corporate finance, strategy, and government departments.

6 months - 1 year

A BCom degree is required

CPA course (Certified Public Accounting)

It is one of the most suitable courses after B.Com and is provided by the AICPA - American Institute of Certified Public Accountants.

18 months

A BCom degree is a minimum requirement. Deep knowledge of GAAP - Generally Accepted Accounting Principles, a solid understanding of Accounting.

CFP course (Certified Financial Planner)

To pursue the CFP course, individuals have to meet the Financial Planning Standards Board (FPSB) requirements. The CFP credential is worldwide acknowledged as the gold standard in financial planning education, training, and practice ethics.

6 months

A B.Com degree is the most nominal requirement.

Lady Shri Ram College for Women

INR 50,000 - INR 57,000

Shri Ram College of Commerce

INR 86,000 - INR 89,000

Jesus and Mary College

INR 65,000 - INR 66,000

Hindu College

INR 50,000 - INR 54,000

Hansraj College

INR 68,000 - INR 70,000

Parul University, Vadodara

INR 75,000 - INR 2.25 LPA

St. Xavier’s College, Kolkata

INR 4,00,000 - INR 4,50,000

Mumbai University

INR 10,000 - INR 15,000

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

INR 6,00,000 - INR 6,50,000

Lovely Professional University (LPU), Jalandhar

INR 30,000 - INR 4 LPA

Amity University, Jaipur

INR 50,000 - INR 5.24 LPA

Galgotias University

INR 95,000 - INR 4 LPA

ICFAI University, Himachal Pradesh

INR 70,000 - INR 84,000