Commerce is one of the leading courses in India. The Indian Economy is growing at a very fast rate. Due to this, the demand for commerce graduates has witnessed a considerable growth. E-Commerce played a very important role in increasing the economy of India. In 2022, retail e-commerce sales witnessed a considerable growth which was approximately estimated to be around 4.9 trillion U.S dollars worldwide. This figure is forecasted to grow by 50% over the next few years, which would eventually reach to 7.4 trillions dollars by 2025.
There are several courses relating to commerce, finance and accounting, out of which the most popular one is B.Com (Hons.). B.Com (Hons) is a 3 year undergraduate program aimed for candidates who want to make a career in the field of accounting, finance, economics, business management etc. Candidates can take admission to this course after completing class 12th board exams. Now, according to recent changes, the admission will be entrance based. Some of the top BCom Entrance Exams are Lucknow University, CUET, IPU CET & BHU UET. Some of the top colleges are Miranda College, Shri Ram college of arts and commerce, Lady SHri Ram, Banaras Hindu University etc. The average course fee is around INR 12,000 - 50,000 per annum. Know More: Commerce Courses
After completion of Course, candidates can be hired by top firms in various fields such as taxation firms, industrial houses, foreign trade, auditing firms, marketing firms etc. Some of the top job profiles are Chartered Accountants, Cost & Management Accounting, Company Secretary, financial advisors, tax consultants etc. The average salary is around INR 4.71 LPA.
B.Com. (Hons.) Jobs
B.Com (Hons.) is an undergraduate program which imparts deep knowledge of accounting & Finance, ECommerce, Taxation, Accounting etc. Some of the top areas where B.Com (Hons) graduates can be employed are Accounting, Finance, Management, Research & Development, etc. Tabulated below are some of the top job profiles of B.Com. (Hons.) along with their salary package.
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Investment Banker | An Investment Banker is a professional who is responsible for raising capital and providing advice regarding investment strategies and plans. | 13.44 L |
| Development Executive | A Development Executive is responsible for creating sales by developing presentations and proposals to suit the client’s business needs. | 2.28 L |
| Tax Consultant | Tax Consultants devise tax strategies and help their clients manage their funds. They help their clients calculate and file income tax and also income tax returns. | 5.8 L |
| Business Analyst | A Business Analyst reads and reviews business proposals, documents and services offered by various businesses and suggests any improvements and changes that can be made to them. | 7.00 L |
| Accounts Executive | An Accounts executive is responsible for closing sales deals between companies and acts as intermediaries between organizations to ensure their client’s success. | 3.50 L |
| Finance manager | A Finance Manager is responsible for managing the financial aspect of an organization from data analysis and investment strategy to profit maximization. | 6.81 L |
| Chartered Accountant | Chartered Accountants are considered to be a financial advisor of a company. They prepare capital budget, Tax planning, filing tax returns, budget forecasting, filing GST etc are some of the important roles of a chartered accountant. | 7.10 L |
Jobs After B.Com (Hons): Sector Wise
B.Com( Hons) offers several opportunities to fresher as well as experienced candidates in both private as well as public sector. This course offers very good opportunities to candidates in terms of job profiles as well as salary package. B.Com (hons) has a very wide scope in areas like accounting, financial advice,financial research and financial advice. Discussed below are some of the top job profiles in India both jn private as well as public sector,
Jobs After B.Com (Hons): Private Jobs
B.Com(Hons) has multiple openings in the private sector every year. Some of the top recruiters who hire fresh and experienced candidates are ICICI bank, HDFC Bank, Genpact, Ernst & Young, Accenture, KPMG, Infosys etc. The average salary of a B.Com ( Hons.) graduate is around INR 4.40 LPA. Tabulated below are the top job profiles in the private sector along with the salary structure.
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Accountant | Accountants are expert professionals who prepare and maintain financial reports of the company. They prepare for tax returns and also ensure that returns are filed on time. They are also involved in evaluating financial operations, etc | 3.22 L |
| E-Commerce Manager | E-Commerce managers are one who oversees all the online activities and promotes the company’s brand on all digital platforms. They ensure that all ecommerce activities are running smoothly. | 5.00 L |
| Finance Manager | A finance manager is a professional responsible for maintaining the financial health of the company. They create accurate data, analyze them and advise for profit maximization. | 10.11 L |
| Financial Risk Manager | They are an important part of an organization. Their main role includes identifying and analyzing threats to the assets , earning capacity, etc. | 9.00 L |
Jobs After B.Com (Hons): Government Jobs
B.Com (Hons) graduates get a respectable job in the government sector along with a good salary package. Almost every government organization recruits B.Com (Hons) graduates. Some of them include Reserve Bank of India, State Bank of India, Indian Railway, Civil services, etc . The average salary package of B.Com( Hons) graduates is INR 4.70 LPA. Tabulated below are some of the top job profiles in the government sector.
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Indian Administrative Services | IAS officers are responsible for looking at the overall management of the company. They supervise, implement and ensure that government schemes and policies come into action and properly followed | 12.00 L |
| Company Secretary | Company secretaries are one who are responsible for efficient administration and all compliance and regulatory requirements are fulfilled. | 6.00 L |
| Probationary Officer | A bank po is also known as a public relations officer. They handle clients, customer complaints and other related issues. | 6.00 L |
| RBI Grade B Assistant | They are employed to perform and conduct market regulation and development , data analysis, research and preparation of surveillance reports. | 6.25 L |
Jobs After B.Com (Hons) Freshers
After completing B.Com (Hons), candidates have a plethora of opportunities to explore. Candidates have the choice to pursue higher studies such as M.Com , MBA etc or they can start an entry level job in the private sector or give competitive exams to get a job in the government sector. Tabulated below are some of the top job profiles for freshers.
| Job Profile | Average Annual Salary (INR) |
|---|---|
| Accountant | 2.49 L |
| Financial Analyst | 4.27 L |
| Finance Manager | 10.06 L |
| Account Executive | 2.56 L |
| Operations Manager | 7.06 L |
| Human Resources manager | 6.78 L |
| Accounts Manager | 5.45 L |
| Executive Assistant | 4.33 L |
| Relationship Manager | 4.26 L |
| Accounts Assistant | 2.11 L |
B.Com (Hons) Jobs in India
Choosing the right career is the key to building a successful and promising future. Candidates interested in making a career in commerce and finance must pursue B.Com (Hons.). B.Com (Hons) offers such opportunities to candidates which are beneficial for them in the long run with excellent job profiles as well as rewarding benefits. Candidates should choose their job profiles based on their skills, knowledge and specialization. However, the salary might differ on the basis of location. Discussed below are some of the top job profiles in various cities and the salary offered in those cities,
B.Com (Hons) Jobs: Mumbai
Mumbai is known to be a financial capital of the country. Not only in commerce and finance, but in other fields also , Mumbai is one of the highest paying cities. Mumbai is home to many top firms in India such as Infosys, Google, Accenture, Ernst & Young etc. The average salary of a B.Com (Hons.) graduate is around INR 4.90 LPA. Some of the top job profiles are tabulated below for your reference.
| Job Profile | Average Annual Salary (INR) |
|---|---|
| Chartered Accountant | 8.28 L |
| Accounts Manager | 5.50 L |
| Project Manager | 11.97 L |
| Financial Analyst | 6.98 L |
B.Com (Hons) Jobs: Pune
Pune also known as “Oxford of the east” is one of the centers of academic and most sought after B.Com study destination. Pune has some of the top colleges in India which offer B.Com (Hons) courses and is also known for being the home to top commerce and finance firms in India. Some of the top companies are Ernst & Young, Infosys, KPMG, Genpact etc. The average salary of a B.Com (Hons) is around INR 4.24 LPA. Some of the top job profiles are mentioned below for your reference.
| Job Profile | Average Annual Salary (INR) |
|---|---|
| Chartered Accountant | 8.15 L |
| Senior Analyst | 6.59 L |
| Marketing Manager | 7.51 L |
| Company Secretary | 7.00 L |
B.Com (Hons) Jobs: Delhi
Delhi offers multiple opportunities to candidates from commerce background based on their specialization such as accounting and finance, law, corporate law, marketing management, economics, business management, etc.. Delhi is home to top forms such as KPMG, Infosys, HCL Technologies, Wipro etc. Some of the highest paying commerce jobs are tabulated below for your reference.
| Job Profile | Average Annual Salary (INR) |
|---|---|
| Certified Public Accountant | 6.14 L |
| Actuary | 7.64 L |
| Cost Accountant | 5.66 L |
| Business Development Manager | 4.57 L |
B.Com (Hons.) Jobs: Bangalore
Bangalore is said to be a hub of finance , taxation, marketing, commerce firms and many more. Candidates can find a number of opportunities in these areas based on their specialization. Some of the top firms in Bangalore are IBM, Ernst & Young, Accenture, HCL Technologies etc. The average salary of a B.Com (Hons) graduate is around INR 4.80 LPA. Tabulated below are some of the top job profiles in Bangalore for commerce graduates.
| Job Profile | Average Annual Salary (INR) |
|---|---|
| Auditor | 6.34 L |
| Marketing Consultant | 7.49 L |
| Research Analyst | 5.37 L |
| Accounts Manager | 7.00 L |
B.Com (Hons): Salary
According to Payscale, the average salary of a B.Com (Hons) graduate is around INR 4.71 LPA. The starting salary of a B.Com (Hons) fresh graduate is around INR 3.30 LPA while the highest can go upto INR 18 LPA. However, there are a number of factors affecting the same such as skills, knowledge, location, job profiles etc. Candidates with 2 years of experience can get around INR 4.11 LPA.. Company profile also plays an important role in determining the salary of a B.Com (Hons) graduate.
Tabulated below provided is the experience wise salary of some of the job profiles in India.
| Job Role | Experience Wise Salary (INR) |
|---|---|
| Financial Analyst | 4.73 L |
| Payroll Administrator | 3.30 L |
| Sales Associate | 2.40 L |
| Financial Examiner | 4.12 L |
| Payroll Specialist | 4.50 L |
| Financial Manager | 5 L |
| Accounts Officer | 5.25 L |
| Credit Analyst | 3.45 L |
B.Com. (Hons.) Jobs: FAQs
Ques. What do B.Com (Hons) graduates do?
Ans. A B.Com. (Hons.) graduate can choose to do the following:
- A B.Com. (Hons.) graduates can choose to further study and research in the field of commerce and become a professor.
- One can also pursue a career in banking and appear for exams like SBI PO, IBPS, etc. and become bank POs.
- They can also choose to become investment bankers and provide advice related to investments.
- Also, they can become financial analysts and research various investment opportunities and make strategies and decisions accordingly.
Ques. What are the career prospects of B.Com (Hons) ?
Ans. There are career options after B.Com. (Hons.):
- Associate Professor
- Credit Analyst
- Financial Analyst
- Market Research Analyst
- Investment banker
Ques. What are the skills required to become an Investment Banker?
Ans. The skills required to become an Investment Banker are:
- Attention to detail
- Logical and critical thinking
- Teamwork
- Knowledge of economics and statistics
Ques. Who are the top recruiters for B.Com. (Hons.) graduates?
Ans. Some of the top recruiters for B.Com. (Hons.) graduates are:
- ICICI Bank
- HDFC Bank
- Axis Bank
- Barclays Bank PLC
Ques. Is there any internship required to become an Investment Banker?
Ans. No, there is no internship required to become an Investment Banker but previous experience and knowledge of banking is much appreciated.
Ques. Can a student from a commerce background become an IAS Officer?
Ans. Yes, students from any background can aspire to become an IAS Officer irrespective of their stream.
Ques. Can one pursue B.Com. (Hons.) from distance learning?
Ans. Yes, one can pursue B.Com. (Hons.) from distance learning but it is preferable to pursue it from a regular college.
Ques. What is the highest salary of a Sales Executive?
Ans. The highest salary of a Sales Executive can be around INR 5-6 LPA.
Ques. What does an Investment Banker do?
Ans. An Investment Banker is responsible for:
- Raise capital through selling equity and getting debts
- Oversee mergers, acquisitions and investments
- Conduct research in the financial sector
- Take all risks into consideration and then give financial advice
Ques. What is the highest salary of an Investment Banker?
Ans. According to Glassdoor, The highest salary of an Investment Banker in India is around INR 33.5 LPA.
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