Shiksha Top Questions

A candidate with B.Com can submit an application to various jobs under the UPSC, SSC, IFS, Banks, Postal service, Railways, Defense, and State PCS, etc.
Central Government Jobs after B.Com:
Most of the Central government job vacancies are filled by the UPSC examinations. The UPSCs highest grade of examinations which a B.com graduate can appear is the IAS, IFS, IPS and other central government services. The SSC also hold different tests as to fill the vacancies in different government organizations like Accounts assistant, Tax assistant, Grade III Exam, Combined Metric Level and Combined Graduate Level Exam, etc.
Public Sector Banking Jobs after B.Com:
Some of the openings available to a B.Com graduate in a Bank are Clerical to Probationary officer posts. Most of these banks carry out an entrance test in order to employ qualified candidates. There will also be another round of interview in the recruitment process. As to apply for the PO jobs, candidates need to have more than 60% of marks.
Jobs in Indian Railways after B.Com:
Railway Recruitment Board carries out different examinations for employing qualified candidates to the RRB, for which a B.Com graduate can apply for. The railway offer very good career opportunities to graduates. A B.Com graduate can join in the railway as Assistant Accounts Officers and climb the ladder through department exams and grade promotion to Divisional Accounts Officers, Senior Divisional Accounts Officers till Chief Accounts Officer.
Jobs in Indian Defense after B.Com:
A graduate can enter in to the service at the entry level as an Assistant Controller of Defense Accounts.

Let me explain this question with an example:
Last time my colleagues and I were given an annual target, it was modest net profit figure of 60 times our base salaries and most of us accomplished it. Though this could be considered as one off case as targets for people working in corporate banking averages 40~90 times the base salary in top banks. The loan sizes people deal with are more than Rs. 50 Crores and considering huge loan size the numbers can be achieved. Even excluding corporate banking profiles, IIM and top 20 B School graduates are given multifold targets and the industry expects the same to be achievable. There is no pompousness in touting the achievement as that is the reality. Companies won't pay that much unless they expect the candidate to bring them multi fold in return.
As students of IIMs and other top B-Schools, we were succumbed to grueling sessions of work and play which sometimes extend till 4~5 days continuously. This process would repeat multiple times in a trimester. I don't say that the output was always great but if we consider all other parameters and time constraints, it was considered to be good. We were expected to perform under similar situations in corporate world, not continuously though. I say that in situations where there was lots of data or limited data, we were trained to take calculated decisions.
There is a misconception among public that most of the IIM graduates get Rs. 1 crore jobs but that is not true. Typically all these 1 crore jobs are the ones based out of foreign locations with higher cost of living. In addition, most of these 1 crore jobs are trading related where people can make a killing if they bring higher table profits to their firms. In some of the firms, 25% profit is shared with employees. But all these are on off cases and do not reflect the broad spectrum of job profiles.
To conclude I would say that the average salaries enjoyed by IIM graduates are considerably high but so do the value extracted by the companies from them.

ITM-Navi Mumbai is recognized and ranked among one of the top business schools in India. Overall, can be said a decent institute to pursue MBA.
Placement opportunities are decent after completing MBA from ITM Business School, Navi Mumbai (ITM). ITM Business School, Navi Mumbai (ITM) is ranked 41st by India Education in 2015 and 40th by Times B-School in India.
The packages offered by various companies visiting in the recruitment session for marketing students are 14 LPA highest whereas average being 6.8 LPA
For Finance aspirants, the highest is 9 LPA whereas average being 6.4 LPA.
The college staff is very cooperative and put lots of efforts for the students to get a quality packages. Though, there are various multinational companies visiting at the campus, the institute has not seen any international placements.
Many students go for out campus placements, and few get selected but when it comes to college's own efforts being not enough, one has to do hard work to get to the desired record.

The full forms for all of these are as follows:
PGP-Post Graduate Program
PGDM-Post Graduate Diploma in Management
FPM-Fellow Program in management
ABM-AgriBusiness Management
Most of the things are clear by the full forms itself.
PGP is a two-year postgraduate program offered by most of the colleges.
PGDM or Post Graduate Diploma in Management is offered by autonomous institutions as they cannot offer MBA.
FPM is a Ph.D/fellowship in management. Generally, people interested in research in management related fields do this course.
ABM is agri-business management which you will learn mostly about agribusiness. The course will be same in the first year as PGP and in the second year, you will learn more courses focused on ABM.
What course to take totally depends on your requirements in the future. So make a well-informed decision.

There may be numerous factors that influence your decision regarding the area you wish to specialize in. Depending upon your priority, you may choose a field as per the market demand (job availability), your interest area, preferred job profiles and the compensation package. So, it is not that Marketing has the best placements. If you work hard in any specialization, you will find a place for you and your dream job. But, in general, we can say that stats indicate that Marketing placements are good. The reason being nowadays it is booming. Digital Marketing and Online marketing has taken the MBA world by storm and it is growing very fast. The marketing department plays a crucial role in any organization as they are responsible for bringing in new businesses, growing the revenue, increasing market share and contributing to the company's growth and profitability.

Yes, you can. It would help you in a huge way if you are going to do MBA for sure once you are done with your graduation. You can apply for some coaching class for mock tests. Mock tests would help you in preparation. Or if you want you can join the classes as well. Many classes nowadays provide feature like if you are not able to get into the college that you want you can sit for their lectures in next year again. You get access to their online study material as well. As you would give the CAT exam while you are in the final year of your graduation you will get an idea about how entrance exams are in nature. Thus, even if you are not able to score in this year you stand a pretty good chance in the following year for scoring more marks as your score will improve only. So you should go for it in your final year of graduation. There is a lot free study material as well as free mock tests available online which might be useful for the preparation.