Career profiles and Employability Post Online B.Com

Career profiles and Employability Post Online B.Com


Online Bachelors of Commerce (Online B.Com) is one of the most popular commerce courses, and many students pursue it after completing 10+2 studies. Many career profiles are defined in business fields, but the students have not explored a full potential post-undergraduate degree in commerce. So here are a few of the career profiles and fields one can pursue post online B.Com degree.

What is B.Com?

A bachelor of commerce is an undergraduate degree in commerce and related subjects. The degree helps develop entrepreneurial skills and better understand domains like finance, accounts, taxation, banking and many more. This degree provides in-depth knowledge about these various fields.

The B.Com specialization can be of the following types - B.Com-General, B.Com Honours, and B.Com LLB. A Bachelor of Commerce is the stepping stone for students who want to pursue and excel in management or commerce. The average duration for this degree is three years, divided into six semesters.

The degree focuses mainly on subjects like Accounts, Mathematics, and Economics. The degree helps the student to find a good job and start a career right after graduation. Online B.Com is the right course to pursue if the student wants to work in the ever-growing commerce industry of the country. You can pursue many careers, and most of these careers come with good salaries and many other benefits too.


Subjects offered in B.Com

There are a number of subjects involved during this course such as –

·  Accounting

·  Cost Accountancy

·  Economics

·  Finance

·  Information Science

·  International Business Management

·  Human Resource

·  Law

·  Marketing Management


Career Profile for B.Com Graduate

·  Accountant

·  Auditor

·  Consultant

·  Company Secretary

·  Business Analyst

·  Finance Officer

·  Sales Analyst

·  Junior Analyst

·  Tax Accountant

·  Stock Broker

·  Economist

·  Business Development Trainee


Specializations in B.Com Program

During 3 years of education in B.Com., students can choose specialisations. These specialisations are the deciding and important factor for selecting a future career as these specialisations will decide the field in which one’s career will go. A few of them are as follows-

·  B.Com. in Law

·  B.Com. in Accounts & Finance

·  B.Com. in Economics

·  B.Com. in Marketing

·  B.Com. in Tourism & Travel Management

·  B.Com. Honours

·  B.Com. in Banking & Insurance

·  B.Com. in Taxation

·  B.Com. in Human Resources

·  B.Com. in Financial Management


Career Opportunities after Online B.Com Degree from Dr M.G.R


COST ACCOUNTANTS

Cost Accountants are recognised by the government, public and private sectors for placement at various levels in the fields of Accounting and Management functions. The specialisation in costing is an added catalyst for an eminent manager and a policy maker.

Practice as a Cost Accountant

A Cost Accountant may build up his practice by obtaining a license from the Institute, which would enable him to practice as a Cost Accountant, either individually or in partnership with one or more members of the Institute practice.

Dr. M.G.R. Educational & Research Institute is one of the Universities which introduced B.Com/ M.Com (CMA) courses in 2018. A very hardworking and professional faculty is dedicated to training and teaching the course to the students.


INVESTMENT CONSULTANTS

Investment consultants advise their clients, which can include asset owners, fund managers, and trustees, on which funds, asset classes, and countries to invest in as a part of the investment and asset allocation strategy and portfolio construction process.

The specialisation of International Finance and Accounting, which is being taught in collaboration with The Institute of Cost Accountants of India (ICAI) at Dr M.G.R. University. The institution prepares the student for a global career in finance & accounting with employability & research skills built into the curriculum.

  • The program gives a chance to examine real business issues by having guest speakers from the finance and accounting industry.
  • Learning through international case studies and real-life industry problems gives an insight into industry problems and real-life working environments to ensure the employability of the graduates studying at the institute.


BUSINESS ANALYSTS

Business analysts evaluate past and current business data with the primary goal of improving decision-making processes within organisations. 

  • Business Analysts work closely with stakeholders to identify goals, best practices, and other active methods for gathering and analysing data as it relates to the needs of the specific organisation.
  • Companies are always looking for graduates in the field of B.Com for the role of business analyst. 
  • It helps the individual in gaining professional experience after the completion of graduation too.

The major responsibilities of a business analyst are as follows:·

  • Understanding what a business does, most significantly, the processes through which they accomplish their work.
  • Evaluating those processes for efficiency, cost, and results.
  • Compiling recommendations for the company on process adjustments, new potentially impactful technologies, or other areas for improvement.


PUBLIC SECTOR BANKING

After completing a degree in B.Com, one can apply for jobs in the Institute of Banking Personnel Selection (IBPS), Reserve Bank of India (RBI), and State Bank of India (SBI).and can earn a handsome amount salary with the benefit of additional perks too.

Career Scope Post Online B.Com Degree 

A career in commerce offers immense growth as demand for professionals is always high. There are a variety of job opportunities right after completion of the degree. The jobs are available both in India as well as Abroad.

Individuals can pursue higher studies after completing this degree. They can go for courses such as Masters of Commerce (M.Com) or Masters in Business Administration (MBA). One can also opt for LLB after B.Com. Individuals can work as Tax Consultants and can gain experience. Fresh graduates get a handsome salary, which keeps increasing as they have more experience in the working field. Also, many private and government banks hire new B.com graduates.

Candidates can work in public as well as in the private sector. It gives them an introduction to the corporate world. This degree helps in developing entrepreneurial opportunities. In the B.Com. In degree courses, students learn everything about starting a business. Many B.Com Graduates take the plunge into entrepreneurship and find success. As we all know, Commerce is an integral part of every industry. So, B.Com graduates get the luxury of choosing which industry they want to work in.

By Srishti Prashar

 

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