Discover the Salary, Job Roles & Opportunities for B.Com Graduates in 2023

Bachelor of Commerce or B.Com is the most popular graduate course among commerce students. According to a recent report by Statista, employability after B.Com has grown around 43% in 2022 and is expected to grow further in future.

Furthermore, the report revealed that obtaining a B.Com degree is the first step towards building a lucrative career in commerce. Because the demand and potential career opportunities for B.Com graduates are far more than that for other degrees.

Here’s an ultimate guide on career opportunities and insights on B.com salary for graduates.

What is B.Com?

Bachelor of Commerce or B.Com is an undergraduate degree in commerce and related subjects like business management, financial accounting, taxation, etc. The course is designed for students who want to make a career in the finance or accounting field. It is a three-year course that equips students with a wide range of managerial skills and a deep understanding of finance, accounting, taxation, and management.

Pro-tip: After B.Com, you can pursue an advanced degree like a master’s or certificate courses in any relevant field to enhance your career

What is the B.com Salary for graduates in India?

B.Com salary packages for graduates depend on the organisation’s nature, job type, and work experience. In India, a B.Com graduate earns from INR 2,00,000 to INR 3,00,000 per annum. (Source)

B.Com salary packages for graduates as per job title:

What Are The Top Job Profiles For B.Com Graduates?

After pursuing B.Com, candidates can take up jobs across finance, human resource, and operation management departments. Here are the top job profiles for B.Com graduates.

1.     Chartered Accountant (CA)

It is one of the most popular career choices among B.Com students. To become a chartered accountant in India, you must pass a common entrance test, a series of exams during the course, and an internship with a practising CA.

2.     Marketing Manager

A marketing manager is responsible for an organisation’s marketing and advertising endeavours. They collaborate with different teams to create and implement promotional strategies to raise brand awareness.

You can begin your career as a marketing manager by taking an entry-level position as a marketing executive or assistant. An entry-level role will equip you with the skills and knowledge required to transition into a managerial role like that of a marketing manager.

3.     Human Resource Manager

The human resource manager or HR manager oversees recruiting, interviewing, employee training and development programmes.

To become an HR manager in India, begin with an entry-level position as an HR executive. This job will help you understand your capabilities and equip you with the skills and knowledge required to become an excellent HR manager.

4.     Cost Accountant

A cost accountant performs helpful financial services in an organisation. They investigate a company’s cost of production or other operational costs.

Here are the vital role and responsibilities of a cost accountant: 

• Prepare monthly and quarterly expense reports
• Suggest changes to business procedures to increase the company’s cash flow
• Maintain and review the general ledger and balance sheets

To become a cost accountant in India, you need to take up entry-level positions like staff accountant, and transition over time into a cost accounting role.

5.     Company Secretary

The company secretary is a senior job role in a private or public organisation. They handle the legal matters of a company. They also advise the senior-level management and ensure the company is legally compliant.

Some other job titles B.Com graduates can take:

• Investment Banker
• Chartered Financial Analyst (CFA)
• Actuary
• Retail Manager
• Business Accountant
• Entrepreneur

What Are The Best Courses After B.Com In India?

There are many courses B.Com graduates can pursue after their bachelor’s degree. Below are some of the best courses you can take up after B.Com. These courses will enhance your expertise and increase your career prospects.

1.     Master of Commerce (M.Com)

M.Com is a two-year post-graduate degree ideal for students who wish to pursue a banking, finance, accounting, or insurance career. The course deeply explains the economy, capital, revenue, trade, and taxes.

2.     Master of Business Administration (MBA)

MBA is an ideal course for B.Com graduates looking for a high-paying job and better career prospects. An MBA degree gives you fundamental business management knowledge and equips you with vital leadership and soft skills.

3.     Bachelor of Education (B.Ed)

A B.Ed is a post-graduate degree that can help you build a prosperous career in academics. The course will help you gain the skills and knowledge required to equip the next generation with a bright future.

Here are some other courses B.Com graduates can take:

Aspirants can also take short-term, diploma, or certificate courses after B.Com to enhance their career prospects and get higher salary packages. For instance, you can take short courses in data science, marketing, sales, supply chain management, and stock broking.

Emeritus has partnered with renowned institutes like IIM, IIT, and ISB to offer certificate courses across different fields. Our programmes are designed for fresh graduates and working professionals. Joining our certificate courses will equip you with the advanced skills and knowledge required to accelerate your career.

Frequently Asked Questions

1.     What Are The Eligibility Criteria For B.Com In India?

You must pass the 10+2 exam from the commerce stream. However, some institutes also accept students from other streams.

2.     Can I Choose A Specialisation In B.Com?

In B.Com you can choose from different electives in the last semester. Some popular electives are Accelerated Mathematics, Financial Risk Management, Portfolio Management, International Finance, Management Science, Supply Chain Management, and more.

3.     What Are The Subjects Taught In B.Com?

Business law, accountancy, taxation, economics, and entrepreneurship are some subjects taught in B.Com.

4.     How Is B.Com Different From BBA?