Accounting & Commerce

The Bachelor of Accounting and Finance is a specialist three year full-time or part-time equivalent degree offering a comprehensive course in the theory and applications of accounting and finance.
The course involves units in accounting that allow graduates to be simultaneously recognized as accounting and finance professionals.
Unlike pure accounting degrees, the Bachelor of Accounting and Finance offers a broader understanding of financial instruments, institutions, markets and systems. It involves the study of financial decision-making under uncertainty, which is applicable to banking, financial consulting and planning, funds management, merchant banking, stockbroking and treasury.
Because of the comprehensive nature of the course, graduates will be particularly well qualified in highly sought after specialised areas such as auditing, budget analysis, portfolio management, investment analysis, mergers and acquisitions, risk analysis and taxation strategy.
Some good colleges are:
Indian Institute for Finance and Management
Indian School of Business & Finance
Ganga Kaveri Group of Institutions
Shankar Narayan College of Arts and Commerce
St. Xavier's College, Jaipur
Amity University
Christ College
Follow this link for colleges: http://www.indiaeducation.net/top-colleges/commerce/

1. If you are aiming at a career in banking, finance, marketing, then you can continue with B.Com.
2. If you are inclined more towards media line, then mass communication is a better idea.
3. If you continue with B.Com, may be you slowly and gradually develop interest in the subjects. However, you can pursue short courses in journalism, mass communication, etc. in order to be in touch with your choice of career.
4. You can drop this year (Pursue short courses in journalism, mass communication) and plan out for graduation courses in media, admission for which usually starts in the month of June - July.
5. You also have the option to pursue Masters in mass communication after B.Com. However, the ideal options would be LLB, M.Com, MBA, etc.
6. One of the best approaches, while deciding on your subjects/ stream is to opt for or look at doing something that you are good at and would enjoy keeping in mind your personality, aptitude, ability, strengths and career goals.

Hello Vinit,
M.Com graduates can join State Bank of India as probationary officer and earn up to Rs.25, 000/- per month. For that, they should qualify the written test and interview held for probationary officer by State Bank of India (SBI). They can also work as customer relationship executive in Union Bank of India and earn a salary of Rs.20, 000/- per month. It is also possible for them to work as finance and accounts officer in Bangalore Metro Rail Corporation Limited, wherein a salary up to Rs.4, 00, 000/- per annum is offered.
Railway Recruitment Board recruits these postgraduates for the post of assistant accounts/ audit officer. By getting into these posts available in Indian Railway, one can earn up to Rs.20, 000/- per month.
They can also join Heavy Engineering Corporation Limited (HEC Ltd) as accounts assistant (Trainee) and earn a salary between Rs.8, 870 and Rs.16, 550/. Another lucrative career opportunity exclusively available for them is to join Bharat Sanchar Nigam Limited (BSNL) as junior accounts officer. M.Com graduates are recruited to this post through an All India Level examination held by Bharat Sanchar Nigam Limited.
National Small Industries Corporation Limited (NSIC) offers the job of management trainee to these postgraduates with a salary range from Rs.15, 000/- to Rs.20, 000/- per month.
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:
1. Hindustan Unilever Ltd.
2. Nestle India.
3. Cadbury India.
4. Procter and Gamble Hygiene and Health Care.
5. 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.
1. Assistant manager.
2. Company law assistant.
3. Junior accountant.
4. Relationship manager.
5. 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.
They can also find following lucrative career opportunities in insurance companies like Bajaj Allianz Life Insurance Company Limited, SBI Life Insurance Company Limited, HDFC Life Insurance Company Limited etc.
1. Accountant.
2. Book keeper.
3. Cashier.
4. Financial analyst.
5. Mutual fund broker.
6. Budget analyst.
7. Internal auditor.
8. Securities analyst.