Bachelor of Commerce (B.Com.) 

at Department of Evening Studies, Himachal Pradesh University, Shimla

International Accounting has a wide scope and necessity in the world economy. International accounting deals with the financial reporting financial and regulatory issues of companies across different countries, ensuring uniformity, transparency, comparability of financial statements globally.
Further, international accounting gives way to global market interconnections. Because of this, a single language for financial reporting becomes indispensable across markets for making effective decisions at the level of investors, regulators, and stakeholders. International Accounting reduces financial risks through the ability to provide a reliable, consistent framework of financial reporting that improves corporate governance and promotes international trade and investment.

Yes, the BCom in Commerce and Accounting courses are well recognised in Commonwealth countries such as, Canada, UK, Australia, New Zealand, and South Africa, especially when obtained form accredited universities. While in USA, Bcom alone would not be sufficient for accounting jobs, but pursuing additional certificates like CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst), can enhance your career prospects.

The average salary of a Financial Analyst in India is Rs 4.12 Lacs per annum at entry level. As one gains experience and acquires more skills in this functional area, their salary package increase multifold and can reach up to Rs 8-12 Lacs per annum. Financial analysts are professionals in the finance industry who assist businesses in making decisions about their operations based on variables such as market trends, financial performance, and anticipated transaction outcomes. Click to check Financial Planning and Analysis.

After completing the undergraduate level course under Commerce, the candidates can find various jobs at entry or junior level in Accounting, Commerce, Banking and Finance and related fields such as Junior Accountant, Operations Management,  Data Analyst, Research and Development Manager, Information Systems Manager,  Project Manager,  etc..

Also Read: Your Career After Doing a Course in Commerce

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The annual salaries after completing a BCom in Accounting and Commerce in India can vary significantly depending on experience level, qualifications, job roles, and the industry. Here’s a breakdown based on different career stages:

• Entry-Level: INR 2.5 - 4.5 LPA
• Mid-Level: INR 5 - 8 LPA
• Senior-Level: INR 8 - 15 LPA