B.Com Salary- Job Roles & Opportunities In 2022

A recent report by Statista states that employability after B.Com has grown further to around 43% in 2022.
So what is the reason for this sudden shoot-up? Let’s dive deeper to understand.
As an individual who is considering, pursuing or has recently completed their B.Com degree, it is understandable to think about the salary. Let us help you get more clarity.

Generally, candidates who have specialised in finance certification courses along with their B.Com may get an average salary of around INR 5 lakh per annum. Without a specialisation, a fresher may get around 2 lakh per annum.

Candidates who possess work experience may get as high as 20 lakh per annum, depending on the job title. Let’s look at some of the job roles for a better understanding

What is the salary of B.Com graduates in India?

Indian residents with a valid degree in B.Com from a recognized university and additional courses or certifications can be entitled to a salary structure as below.

An accountant will be payable around INR. 1.30 LPA to INR 5 LPA in India.

  • A financial analyst will be payable around INR 2.16 LPA to INR 8.68 LPA in India
  • An accountant executive will be payable around INR. 1.55 LPA to INR 4.88 LPA in India.
  • A financial manager will be able to get the amount of INR 4.53 LPA to INR 20 LPA in India
  • A senior accountant will be able to get the amount of INR 2.47 LPA to INR 8.30 LPA in India
  • An operation manager will be able to get the amount of INR 3.22 LPA to INR 2M in India
  • And the last most favourable job is of a human resource manager will be able to get the amount of INR 2.85 LPA to INR 2 LPA

There are also many other best courses in B.Com that can be pursued right after this 3-year course.

What are the high-salary jobs in the commerce stream?

After pursuing B.Com, a candidate can expect the jobs of accountants, the jobs of finance managers, the jobs of human resource managers, the jobs of operation managers, or a senior accountant. These are among the top-rated high-paying salary jobs in commerce stream that a B.Com graduate can take up.
The most lucrative of these will be the job of a finance manager. The finance manager will be able to get the amount of INR. 435k to INR. 2m per annum as a salary. That is the present salary rate in India after doing B.Com in marketing management. Then the next job is the data expert. A data expert manager can get the amount of INR.285k to INR. 2 million per annum in India.
The most lucrative of these will be the job of a finance manager. The finance manager will be able to get the amount of INR 4.35 LPA to INR 20 LPA per annum as a salary. That is the present salary rate in India after doing B.Com in marketing management. Then the next job is the data expert. A data expert manager can get the amount of INR 2.85 LPA to INR 20 LPA per annum in India.

What are the best courses after B.Com in India?

Definitely, there are other options to pursue higher studies after a degree in B.Com. To start off, there is the option of an M.Com degree for a more detailed understanding of accountancy. In case one wants to go for a more career-oriented opportunity, one can pursue the courses mentioned below –

Data Science Certification

Supply Chain Management

Stock Broking

Chartered Accountancy

Company Secretary

Chartered Financial Analyst

Business Accounting and Taxation

Certified Management Accountant

These happen to be some of the highest-paying jobs after B.Com.

Some short-time finance certification courses after B.Com: You may take some short courses after the B.Com degree for around six months, like :

Certificate In Stock Market

  • Certificate In Public Relations
  • Certificate In Banking
  • Certificate In E-Commerce
  • Certificate In Digital Marketing
  • Certificate In Rural Development
  • Certificate In Accounting

All these courses are for a very short period. People may try these courses after completing the B.Com in economics. These courses may help them grab many exciting new opportunities in various fields or enhance their skillsets for scaling up their existing field.

Nowadays, certification programmes are the   that help in attracting quality work opportunities, and inciting career growth and increment.

 

Is there any scope in B.Com in law?

If anyone has this question in their mind if they are doing B.Com, then they will be eligible for law or not, then YES. One may opt for the law with B.Com. They can pursue a B.Com in LLB. This B.Com in LLB is a course for five years which has been divided into 10 equal semesters.
This B.Com in LLB is a course for students who want to gain knowledge on both sides of company law and commercial activities. Furthermore, various industries need resources with B.Com in accounting as they know about commercial activities performed in a company under the company regulation act.

Industries are evolving, and organisations continuously need an expert workforce who can handle the main pillar of their organisation – Finance. Most of the B.Com graduates work in the finance domain. These graduates have ample opportunities in almost every industry. Finance professionals play a pivotal role in accelerating the profitability of a business. And Emeritus brings valuable courses that help B.Com graduates and working professionals scale up their skills. Through Emeritus, you can opt for certifications from esteemed institutions such as IIM Lucknow, SPJIMR, and Xavier School of Management, to name a few. You can be an aspiring professional or a mid to senior-level executive. These offerings will open doors for exploring finance and growing areas such as blockchain or Fintech.

Courses on Finance Category