Bachelor of Commerce (B.Com.) 

at Guru Nanak Khalsa College, Yamuna Nagar

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.

If you are good at maths, there are plenty of career options for you after completing a course in Accounting and Commerce. Some of them are given below:

• Investment Banking: Strategize deals, analyze data, and manage investments for businesses and individuals.
• Actuary: Assess risks and design insurance plans using mathematical models and financial expertise.
• Cost Accountant: Optimize business costs, analyze resource allocation, and improve operational efficiency.
• Data Analyst: Interpret data, identify trends, and provide insights for informed business decisions.
• Management Consultant: Advise businesses on strategy, operations, and financial management.
• Chartered Accountant/Cost Accountant/Company Secretary: Become a finance expert with prestigious professional qualifications.

Humanities as a stream provides a wide range of courses that can be studied after completing their 12th grade. Pursuing any of these degrees prepares you to understand the various levels of humanities and, as a result, carve out an appropriate job path. Candidates in the humanities can apply for positions in the government sector, such as banking firms, government ministries, legal firms, and political analysts.

Content Writer, Civil Services, Human Resource Manager, Defense Services, Lawyer, Journalist, Counsellor, and Therapist positions are available. As freshers, humanities graduates can expect to earn between INR 2-6 LPA.

There are a lot of areas to explore for the students to opt for banking and insurance. Here are some areas where they will work in
the future after completion of their respective degrees/ courses.

1. Government Sector (Banking, Finance, and Insurance sector)
2. MNCs (Banking, Insurance, and Finance sector)
3. Freelancing (Consultant, Advisor, Strategist, Agent, Assistant, Marketing Agent, and more.

BFSI students can work in various industries including Finance, banks, MNCs, and more. The salary package depends on the skillset, relevant experience, and job position of an employee. However, the salary of a Financial Analyst is INR 6 LPA in India.

Career paths in the IT industry can be broadly classified into the two main fields of hardware and software.

Under hardware, you have manufacturing, maintenance, research and development, and management.

Under software, you have manufacturing, development, programming, software testing, and maintenance and support. Among related areas are computer operations, database administration, sales/marketing, and data-centre management.

 Jobs directly related to your degree include:

Actuarial analyst, Application analyst, Business analyst, Data analyst, Database administrator, Information systems manager, IT consultant, IT technical support officer, Multimedia programmer, Network engineer, Systems analyst, Systems developer, UX analyst.

Also, many IT professionals working in Indian companies get a chance to work at customers work sites abroad, and this gives them exposure to international working conditions and work culture.

A list of the highest-salary jobs for Commerce students in India is as below:

Note: The average salary has been taken from Ambitionbox.com.

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