High Paying Jobs after Bcom: Salary, Competitive Exams, Career

Be it the precision of numbers or the strategy that goes into financial planning, your career - with a BCom as your stepping stone - is like a rambling, myriad-coloured canvas on which every job opportunity forms a certain stroke that can help shape your professional chart. The best jobs after BCom are designed in a way that such deployment of your skills should be able to create a spark within you.

Imagine being a financial analyst, decoding market trends, or being an accountant - the backbone of any company. If the dynamism of the environment is what impresses you, then digital marketing or business development roles can add that creative streak to your journey. Banking offers the allure of stability with positions like Bank PO or Investment Banker, where you can grow while navigating the world of finance. Each of these jobs represents a different rung in the ladder of life, helping you reach a future where opportunities abound. So, it's time to choose wisely, and let your career stand as a reflection of aspirations and talents.

Sectors Recruiting BCom Graduates:

• Banking
• Finance
• Insurance
• Accounting
• Taxation
• Wealth Management
• Commerce
• Education
• Government Services

Jobs after BCom

If you do a Bachelor of Commerce or BCom and seek a career thereafter, a host of various sectors has options that will fit in with your interest and skills. Here is a broad overview of the careers that you can consider:

1. Finance and Accounting

   • Accountants: They maintain financial records and reports, ensuring that all practices are in compliance with regulations.
   • Financial Analyst: Analyse financial data, provide investment recommendations, and assist in budgeting.
   • Auditor: Audit to make sure that this is done rightly and within the legal framework.
   • Tax Consultant: Advice individuals and businesses on tax planning and compliance.

2. Banking and Insurance

   • Bank Probationary Officer (PO): Management entry-level positions leading to full-scale training in banking.
   • Investment Banker: Help clients raise finance and with mergers and acquisitions.
   • Insurance Underwriter: Calculate risk and decide upon insurance policy terms.

3. Management and Business

   • Business Development Executive: Identify growth opportunities, manage client relationships, and strategy development.
   • Operations Manager: Oversee daily operations; implement process improvements through team management.
   • Human Resources Specialist: Recruit, handle employee relations, and administer benefits.

4. Marketing and Sales

   • Marketing Executive: Develop marketing campaigns, conduct market research, and handle advertising.
   • Sales Manager: Oversee the sales teams, develop strategies for increasing sales, and maintain client relationships.

5. Entrepreneurship

   • Startup Founder: Establish and operate your own business, using a commerce background to find success.

6. International Opportunities

   • Management Consultant: Advice organisations on business strategies and improvements.
   • International Trade Specialist: Facilitate and manage cross-border operations relating to trade.

7. Freelance and Remote Working

   • Freelance Accountant or Consultant: Offer accounting or consulting services on a contractual basis to various clients.

Each one of these career options has its scenarios and demands; you may use your BCom in serving at many places with a difference.

High Salary Jobs after BCom

Competitive Exams after BCom

Here is a list of the top 10 government jobs where you can appear after you complete your BCom degree:

• Bank Probationary Officer (PO): Bank POs are recruited as management trainees. They receive comprehensive training in banking operations during a probation period, which usually extends to two years. It sets the path for a successful future in the banking sector.
• RBI Assistant/Grade B Officer: Jobs at the RBI are one of the most prestigious careers. While RBI assistants perform their duties by aiding various departments, Grade B officers are put on fast track to become leaders in the central banking institution of India.
• LIC Assistant Administrative Officer (AAO): Assistance administrative officers at the Life Insurance Corporation of India play a significant role in the management of the organisation's provided insurance services. This post is quite crucial as far as the smooth working of India's most leading insurance provider is concerned.
• UPSC Civil Services: A career in the civil services gives an opportunity to frame the national policies, foreign relations, or control over the internal security. The magnitude of the responsibility and the opportunity to contribute toward the growth and development of India are great.
• UPSC Combined Defence Services (CDS): A CDS officer will love his/her career filled with adventure and commanding operations for the safeguard of borders.
• Income Tax Inspector: Income tax inspectors have the huge responsibility for observing the compliance of paying taxes and also safeguarding the rights of the taxpayers. Their work ultimately adds up in the revenue generation and keeps the financial health of the nation up to the mark.
• SSC Combined Graduate Level (CGL): Through SSC CGL, you get into different government postings that come with job security, reasonably good salary packages, and a work-life balance wherein you get to contribute toward national causes.
• Assistant Section Officer in Central Ministries: The ASOs in the Central Ministries attend to the general administration work, such as maintaining files, preparing reports, and conforming to the requirements of various statutes, rules, and orders that give easy entry to government administration.
• Railway Jobs: Commercial Clerks, Assistant Station Masters, Goods Guards, and Commercial Apprentices are various categories of jobs in Indian Railways to do different types of work connected with the running of railways and passenger services.
• State Government Jobs: The BCom graduates find their relevant placement in state government departments of finance, accounts, taxation, and public works, etc., as an Assistant Accounts Officer, Tax Assistant, and Auditor.

Higher Studies after BCom:

Though a BCom opens the path for various government exams, higher education allows specialisation for more specific career directions. Below are some of the popular postgraduate opportunities that might be helpful to you in getting good government jobs:

• Master of Commerce: In the fields of Accounting, Finance, Auditing, or Taxation for appointment to senior positions in the Finance Departments, Tax Authorities, and Auditing Agencies.
• Master of Business Administration: To get a broad-based view of business for management positions in PSUs and government organisations.
• LLM in Corporate Law or Taxation Law: It is a specialised legal education that can lead you to important legal functions in government departments and/or regulatory bodies.
• MPA - Master of Public Administration: Develop critical knowledge in public policy and administration so as to emerge as a worthy candidate for policy-making responsibilities in the government ministries.

To Wrap Up:

A Bachelor of Commerce or BCom is a versatile course that opens the door to a large number of career opportunities in various sectors. Be it in finance, management, marketing, or government, the skills and knowledge learned during this course will surely lead to success. If you desire an even more potent career, then BCom admission at BML Munjal University can work wonders. Apply now and shape a stunning career in commerce.