BCom Hons Jobs, Career, Salary, Scope 2020-2021

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Sakshi Gupta

Content Curator | Updated on - Nov 8, 2021

BCom Hons is a specialized and most pursued undergraduate degree aimed for commerce students who wish to pursue a career in the field of accounting, finance, economics, company business, and alike.

Admissions is usually based on the performance scores in Class 12 and in some colleges like IP University & BHU, centralized entrance exams are conducted to select students for further BCom Honours admission.

After completing this course of 3 years duration, students are hired by top companies in various fields such as financial consultancies, industrial houses, foreign trade, tax department, auditing, business consultation, marketing, etc.

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BCom Hons Jobs & Career

The career options after the course completion are diverse, and students with the right ability, work ethics and attitude can earn upto INR 6-8 LPA as a freshers in a big company or financial consultant.

The opportunities are huge in both private and government sectors across sectors such as finance, economics, banks, corporate. But the majority of students go for higher studies and like to pusye either MCom or CA, CFA, CMA, etc.

The table below shows some of the top BCom Honours Jobs and Careers along with Average Salary:

Job Positions Average Salary Highest Salary
Chartered Accountant (CA) INR 7.36 LPA INR 20 LPA
Cost Accountant INR 5.16 LPA INR 16 LPA
Financial Consultant INR 6.39 LPA INR 10.11 LPA
Finance Manager INR 9.98 LPA INR 12 LPA
Business Analyst INR 5.82 LPA INR 11.79 LPA
Business Consultant INR 9.85 LPA INR 16 LPA
Tax Consultant INR 5.09 LPA INR 8 LPA
Stock Broker INR 3.50 LPA INR 6 LPA
Investment Banker INR 9.69 LPA INR 30 LPA
Financial Analyst INR 4.48 LPA INR 9.50 LPA

Salary Trend Graph:

BCom Hons Job Profiles

Source: Payscale

We can infer from the table above that after years of experience, students have the scope to earn as high as INR 30 LPA.

BCom Hons Scope

BCom Honours course does not just provide the required standard knowledge to make a career in the finance field. It also helps in the training of many certification courses such as CA, CFA, CMA, CFP, etc.

Students can opt for higher degree courses such as MCom or MBA, that should be pursued to get a masters degree qualification  in the commerce field and to enter the competitive world of management, respectively.

After completing BCom Hons, students can prepare and earn of these certification courses based on their interest, which shall help them to set their carer in India or Abroad:

  • Chartered Accountancy (CA)

CA is highly pursued by most of the Indian students because of the respect and higher paying career options. The Average salary range of a CA is around INR 7-20 LPA according to Payscale.

  • Certified Management Accountant (CMA)

If you are highly interested in working globally, ten opting this course is the best option. CMA is offered by the Institute of Management Accountants (IMA), USA and offers a great deal of career prospects. The Average Salary after this course is around INR 5-20 LPA.

  • Chartered Financial Accountant (CFA)

CFA is one of the most respected and difficult courses to qualify globally. It is one of the best certification courses out there. Students are required to qualify three levels of examinations in order to officially work as a CFA. The average salary of around INR 4-25 LPA can be expected after this course.

  • Certified Financial Planner (CFP)

CFP is agoan one of the highly pursued courses after BCom honours to officially work as a Financial Consultant. The average salary can be around INR 4-15 LPA, and vene more in some cases.

  • Public Accounting (CPA)

US certified Public Accountant is one of the highest certifications that you can earn in the US, that can help you to uplift your career globally. The average salary can be around INR 7-20 LPA.

  • Financial Risk Manager (FRM)

If you are interested in risk management, then you should pursue FRM. It  is a globally recognized certification for finance and banking professionals by Global Association of Risk Professionals (GARP, USA). The average salary can be around INR 10-17 LPA.

  • Association of Chartered Certified Accountants (ACCA)

ACCA is one of the fastest growing organizations that is particularly aimed for accountants in the world. After joining ACCA, students have great career prospects in India and all over the world, and bag a salary of around INR 6-16 LPA, and above.

Average Salary of BCom Hons Top Certifications

Source: Payscale

Similar Course: Bachelor of Commerce (BCom)

Bachelor of Commerce [B.Com] {Hons.} : 41 answered questions

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Ques. Which college should I choose for a B.Com. Ramjas, Kirori Mal or Khalsa?

● Top Answer By Anil Tigga on 08 Nov 21

Ans. You can opt between Ramjas College and Kirori Mal College (KMC) as they both are better than Khalsa. They are known for their reputed faculties, active societies and a good and appropriate atmosphere.  You can opt for any one based on your personal choice or the guidance provided. Both Ramjas and KMC receive similar placement offers.  Categories B.Com at Ramjas College B.Com at KMC Course Fee INR 43,485 INR 37,035 Placement Percentage 70% 70-80% Highest CTC 19.5 LPA 7-12 LPA Average CTC 5 LPA 4-5 LPA Recruiting Companies DE Shaw, BCG, KPMG, TresVista, etc. E&Y, Deloitte, PwC, Byju's, etc. Choose the one that suits your requirements, like location preference, etc. because ultimately it is your interest and dedication towards the college and the subject that matters.Read more
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Ques. Is it better to study B.Com from an average DU college like Shyam Lal, or Sri Aurobindo (Evening), or study for a BBA in IB from Amity University?

● Top Answer By Kiran Chugh on 03 Nov 21

Ans. It’s better to prefer DU regular colleges given the choice. Course-wise, choosing B.Com over BBA is better, unless you are particularly interested in doing BBA. Here are some of the reasons why you should choose DU for your degree. Other colleges charge reasonably higher tuition fees compared to DU, especially for courses like BBA. If you are taking admission to a regular DU college try to engage in different activities. Join societies, clubs, etc. It will help you in the long run. In DU colleges, you will get enough time to do internships for work experiences. This will definitely look better on your CV. If you are a graduate from DU, then you will get certain advantages over Non-DU candidates, in job interviews. If you want to study CA, CS, etc. along with your degree, then it is better to do a B.Com. Since the B.Com syllabus will have more subjects related to CA, CS, CWA, etc. You can also easily prepare for other competitive exams, without your college timing being an issue.  Considering all these factors, doing B.Com from a regular DU college will be better than doing BBA from Amity University. Read more
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Ques. Which among the following would make the best choice for B.Com Honours - Kalindi College, Aryabhatta College, or Shyamlal College?

● Top Answer By Janvi Bhambri on 29 Oct 21

Ans. Compared to Aryabhatta College and Shyamlal College, Kalindi College is better, in terms of academics. Here are some of the things that you should know about Kalindi College. The faculties are well-experienced and supportive. Kalindi College recently got NAAC A grade accreditation. As it is a girl’s college, classes are conducted regularly. Other than academics the facilities offered at Kalindi are average at best. The food available at the canteen is not that great. There is no common room.  Recently the university had an infrastructural maneuver. The infrastructure has improved. There is a new hostel, a new amphitheater, new academic block, etc. Kalindi boasts of various societies like Dramatic Society - RAQS, Fashionista, Debating Society, etc. It has an active placement cell. They regularly organize seminars and placement drives. Some of the popular recruiting companies that visit the campus dive are Kodak Mahindra, HCL, Accenture, etc. Around 70% of students get placed and the average CTC offered at the institute is 3-4 LPA. Considering the above factors it’s safe to say that Kalindi is the best option.Read more
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Ques. Which is better for a B.Com, Shaheed Bhagat Singh College or JMC?

● Top Answer By Sagar Pandey on 29 Oct 21

Ans. Both colleges belong to the same league. However, for a B.Com degree, Shaheed Bhagat Singh College is better. It has a better faculty base for Commerce. It also offers better gender diversity. Although JMC has good faculty for B.Com, it’s not better than SBSC. JMC has a vast campus but there are not many hangout places or food joints, etc. Overall, SBSC is definitely a better option for doing B.Com. Read more
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Ques. How do I score good marks in a B.Com. at the Rajasthan University?

● Top Answer By Mohit Sarohi on 29 Oct 21

Ans. One of my friends studied at Rajasthan University. Let me share some of the things he used to do to prepare for scoring good marks. Though the question pattern has changed, it is necessary to go through the previous year’s question papers. It is quite impossible to read every book thoroughly, that is why learning from the previous year’s question papers will be beneficial. For practicals start practicing from the unit of the book which you find comparatively easier and interesting. Try and pay attention to every lecture being conducted in the classes. For the 20 marks questions, try writing 7-8 pages, as it will fetch you better marks. Make sure you use points instead of paragraphs. Finally, try to remain calm in stressful situations. Confidently answer your questions. While writing, do not repeat the same things over and over, maintain a tidy answer sheet and you will be good to go.Read more
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Bachelor of Commerce [B.Com] {Hons.} Colleges IN INDIA

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