B.Com Scope

Scope after BAF course:
A Bachelor's degree in Finance and Accounting aims to equip a graduate with knowledge in areas like Financial accounting, IT, Cost accounting, Auditing, Business communications, Taxation, Economics and Business Law. Aspirants can opt for various higher levels courses like Chartered Accountant, CA, ICWA, etc. which have specific focus on finance and accounting. Corporate Finance course is another course that can be done by these BAF graduates. They can also pursue Company Secretaryship course or Master in Commerce. One of the most promising higher study option is a Master of Business Administration (MBA) in Finance or an MS in Finance and Accounting. Meritorious BAF graduates can find a career as Financial Analyst, Accounts Analyst and Trainee Analyst. Openings are also available in the area of mutual funds, stock exchange and capital market. There is a huge demand for BAF graduates for the post of Assistant Professor in Commerce/ Mathematics/ Statistics/ Financial Management streams. Joining as an Assistant Professor has the additional advantage of pursuing research in related fields. BAF graduates can also apply in the banking sector, the recruitment of which will be based on written tests followed by interviews. BAF graduates can expect a initial pay pack of Rs. 1, 00,000 - 1,50,000 per annum and it will increase with experience.
Scope after B.Com course
B.Com graduates are qualified to handle operations and managerial responsibilities with their expertise in areas like project development and management, information system strategies, emerging technologies, innovations in engineering and global product management. B.Com graduates can pursue a higher study in management field itself by pursuing a Master of Business Administration (MBA) course. Aspirants have the option of specialising in Hospitality, Tourism, Accounting, Retailing, Wholesaling, Finance and Manufacturing, etc. Management Studies graduates can find job opportunities in trading, KPOs, executive management posts, and careers depending on their area of specialisation. The expected salary for B.Com graduates at the entry level is above Rs 1,50,000 per annum. Which course is better? BAF orients candidates in the area of finance and accounting only, where as B.Com graduates can opt for a much wider array of specializations. BAF is a course suited for those with an active interest in the world of finance and accounting.

I would suggest you go for both i.e. B.Com LLB where you will learn about both the things. It is a 5-year integrated undergraduate course which has a total of 10 semesters. There are 2 semesters in each year consisting of a minimum of 5 or more subjects.
B.Com LL.B Eligibility Criteria:
*A candidate must have passed 10+2 or any equivalent examination from a recognised board or university under any stream. Students from the commerce stream are preferred over Science and Arts candidates.
*The minimum cut-off is 50% (45% for reserved categories) as per Bar Council of India.
*The candidate must not be over 20 years old at the time of admission for integrated LLB courses.
For reserved category students, the age limit is extended to 22 years.
*Clearing an entrance exam and an interview round are mandatory to gain admission.
*There are national-level exams as well as tests conducted by state boards and universities.

B.Com courses provide to two different career fields. The first, B.Com is general accounting while BMS is dedicated course for management. To get to know which one suits a student the better, we compare both in terms of the course exposure, study focus, subjects, and career prospects etc. , of these two. Compared to BMS, Bachelor of commerce stands equal chance in terms of career prospects after graduation. However, in general, the overall demand for commerce graduates are medium, since the course is general in nature, until unless you have graduated from the top institutes in India. Students though have a wider choice in higher studies, compared to BMS that would get a good start to your career. Bachelor of commerce (Honours) gives students a choice of specialisation in its last year. B.Com is for students who are basically good in accounting, but are also release or would like to have a wider choice of subjects for higher studies later viz. , Economics, MBA, Industrial Psychology, HR, Export-Import etc. BMS are for students who are focused and determined to make a career in management and take up MBA / Management (Business Administration) connected degrees as their higher studies option.

One of the most common careers that cross every commerce students mind is CA. CA exams are conducted by Institute of Chartered Accountants (ICAI) and require one to clear 3 Examinations over the period of time that are CPT, IPCC and Final CA. Since you are done with your graduation, you are eligible to directly appear for IPCC which consists of two groups. After clearing one of the groups, a student is required to register for articles with experienced CA. For a period of two and a half years. After clearing both groups of IPCC and successfully completing your articles you can appear for Final CA
M.Com is a programme that focuses on a systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management and therefore it gives insights about all the fields. MBA totally depends on the credibility of the institute that you are pursuing from. If you are an IIM student then success will follow you to your doorsteps but doing MBA from an ordinary and not much-renowned institute will only add numbers to the list of unemployed MBA.