Accounting & Commerce

Let's look at the few fields to see what kind of jobs you can find to satisfy the requirements.
Front office: Actual Trading or Trading Desk support, where you help the traders make their decisions.
Middle office: Operations in big investment banks, they deal will processing of the trades after it's done, they enrich the trade and record it in Accounting Systems.
Back office: All kind of Reporting, Analytics, Risk calculations, Regulatory etc.
Research: Fundamental, Technical Research, Top to Bottom (at Country / Macro level, narrowing down to Company level) or Bottom to Top (Compare few companies and see why they are earning more than peers or if the peer group is doing better than the industry as a whole), Industry life-cycle phase or Product life-cycle phase etc. These groups do all the calculations that enable the Front-office to make the decisions.
Tech: Coding applications that enable any or all of the above
Supervising: Directly managing / supervising the team that's doing any of the above.
Teaching: If you are teaching CFA candidates
All you need to prove is that either you made portfolio management decisions or your work helped somebody else make those. Also this doesn't need to be continuous 48 months, it can be different positions with different companies over your entire career. You can also include the internship / positions that you have had while preparing for the exams.

Career opportunities available in private sector: Lots of career opportunities are available for M.Com graduates in the Finance and Account section of Fast Moving Consumer Goods (FMCG) companies like Hindustan Unilever Ltd, Nestl India, Cadbury India, Procter & Gamble Hygiene and Health Care, Asian Paints (India) etc. M.Com graduates can take up any of the following job roles available in these companies and earn a salary between Rs. 1,00, 000/- and Rs. 6,00,000/- per annum. Post that can be held are:
Assistant Manager
Company Law Assistant
Junior Accountant
Relationship Manager
Sales Officer (Accounts)
With experience, they can move up to the position of Senior Accounts Executive, Senior Executive of Corporate Sales or even ERP Functional Executive.
2). They can also find following lucrative career opportunities in Insurance companies like Bajaj Allianz Life Insurance Company Limited, SBI Life Insurance Company Limited and HDFC Life Insurance Company Limited etc.
Accountant
Book Keeper
Cashier
Financial Analyst
Mutual Fund Broker
Budget Analyst
Internal Auditor
Securities Analyst
Salary offered for these jobs is between Rs. 1,00,000/- to Rs. 7,00,000/- depending on the type of company. Private banks like HSBC, Max New York Life, HDFC, etc. Also recruit these postgraduates for the post of credit officer, loan officer or accounts officer with a salary up to Rs. 5,00,000/- per annum.
3. After Clearing UGC NET exam you are eligible for becoming professor in any university. Your experience will make you future more glorious.
4. Then you can opt for Ph.D. Also then pursue you research and even you can go abroad on the basis of your research.