B.Com Finance

B.Com in Distance Education
Bachelor of Commerce, abbreviated as B.Com, is an under graduate degree in commerce and related subjects. The degree generates professional skills among students according to their selected course such as Accounting, Statistics, Economics, Finance, Taxation etc. The purpose of the correspondence B.Com degree, offered by NIBS, is to render student with outspread array of operational skills, to specialize the student in a specific area of business and to expose the student to basic business principles. In this way, our students can not only survive, but also grow and fulfill their dreams in this competitive age.
B.Com. degree in distance education, which meets world class quality parameters and that too with greater flexibility. One remarkable feature of distance learning programs is that students can find employment and self-employment opportunities while pursuing the course. We possess top class commerce professionals who design and develop our distance learning B.Com course structure, syllabus & study material. The course spans over a period of 3 years. We cover all the major subjects in our correspondence commerce graduation program.

The field of accounting is challenging and exciting. It is the field where one becomes familiar with the very finer points of business. So, it becomes a platform for many senior level positions to start with it. The job of accountant is always in demand. Taxes, audits, and book keeping and overall the business scandals keep the demand of accountants hot.
The discipline of Accounting revolves around the mechanism of business track, its income and assets. The domain of accounting encompasses activities like preparing of financial statement, costs computing, mergers & acquisition, recording of business transaction, quality management, tax strategy, etc.
Options after B.Com:
Chartered Accountant (CA)
Most commerce graduates pursue CA, which is a lucrative career option since it renders them with multiple opportunities be it working as a chartered accountant in a big firm or working as an auditor (both internal and external). As an auditor you will need to work with several clients and check financial statements; chances are with a good CA rank you can enter the top-most banks in the world.
You need to clear three examinations for a CA degree Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC) and Final CA which are conducted by the Institute of Chartered Accountants (ICAI). CPT is an entry-level test; a commerce graduate can directly apply for IPCC exam and after completing its two groups can move to Final CA. Once you complete all levels of Final CA, Congratulations! You are a registered CA degree holder now. A CA can have a great career as an investment consultant or as a fund manager in the long run.
B.Com graduates with a CPT score can opt for a Chartered Financial Analyst (CFA) degree abroad at a recognized university; it comes with some prerequisites which you have to fulfil.
Masters of Commerce (M.Com)
This is a two-year programme. Fresh graduates or students who have completed the Final CA programme are eligible for this degree. This is a broad field to study, which covers areas like accounting, actuarial sciences, economics, statistics, finance and others. M.Com graduates are usually employed in fields like marketing, project management and others. You can also opt for your PhD after completing M.Com.

There is many scope of B.COM(Hons) :-
Students who have successfully completed B.com honors can go for many higher level courses. As to join courses like MBA, MCA, LLB etc, candidates will have to appear and qualify in certain entrance exams like CAT, AIMCET, and CLAT etc. Some of the higher studies options after B.Com Honors are mentioned below.
C.S
CA
CRISIL Certified Analyst Program (CCAP)
Diploma in Banking & Financial Services(HDBFS)
Executive MBA
Executive Program in Applied Finance - IIM Calcutta
I.C.W.A. (2 Years)
International Post Graduate Diploma in Risk Management
LLB
M.Com
Master in Financial Management (MFM)
Master in Management Studies (M.M.S.)
Master in Retail Management
Master of Business Administration (MBA)
Master of Marketing Management (M.M.M.)
Masters Degree in Human Resources Development Management (MHRDM)
Masters Degree in Marketing
Masters in Business Studies (M.B.S.)
Masters in Financial Management (MFM)
Masters of Business Administration (Information Technology)- MBA-IT
Masters Program in International Business (MPIB).
Job Opportunities for B.Com Honors Graduates
The jobs opportunities available after B.Com honors are superior to any other degree. The candidates can apply for jobs in private as well as government sector. As to get job in the government sector candidates will have to appear and qualify in various competitive exams. For example UPSC carries out various exams like the CGLE, CMLE, Civil service exams etc. candidates can also apply for various jobs in banking sector for clerical or PO grade if they have more than 55% of marks. Some other jobs after B.Com are CDS, Journalism; different jobs in advertising, accounting jobs in various firms, Air force accounts etc. Candidates can also work as junior associate in different KPOs, international trade firms and so on. Tax audit assistance position is another entry job for B.Com graduates.