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.
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:
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.
Similar Course: Bachelor of Commerce (BCom)