Why India needs more B.Com graduates than ever

India is set to re-emerge as the fastest growing economy, despite the financial pitfalls of Covid-19. It is not just an abstract statement. Facts have proved it right. The overall demand in the Indian economy is revamping, and aggregate monetary and credit conditions are suitable for a durable-digit economic recovery. The following was revealed by the Reserve Bank of India (RBI) in its 'state of the economy' report in November- December 2021. The report published in the Business Standard said, “Supported by the decadal low-interest rates, softening inflation and a modest current account surplus, the Indian economy is poised to regain the ground lost to the pandemic and re-emerge as among the fastest-growing countries in the world.”

One of the leading factors that contributed to the economy's growth is the upsurge of versatile businesses and entrepreneurs across the country. Growing potential in commerce and business in today’s business-oriented world has led to innumerable work opportunities for work professionals and as well fresh graduates. And to kickstart your career in this field, an excellent major degree from a recognisable university is a must—Bachelor of Commerce (Honours) or B.Com. Hons offers a promising future to students who have a knack for business and other subject-related disciplines. The syllabus of B.Com Hons. provides a meticulously designed structure of subjects - accountancy, marketing management, economics, banking & finance, and commercial law – to students that open many lucrative possibilities for them.

Why pursue B.Com. Hons.?

Higher honorarium: Commerce graduates get handsome remuneration packages as compared to students with other degrees. Their pay scale primarily depends on the nature of the firm and job profiles; however, it may range from Rs. 30,000 to Rs. 35,000 per month. Aspirants with additional skills and more experience within the industry have a better lucrative pay scale.

Broad employment opportunities: A Bachelor of Commerce graduate has innumerable job options to choose from depending on their calibre. The budding professional can apply in finance, accounting and auditing, tax advisory, Manufacturing, commercial banking, international banking, insurance Services, telecommunication. Their job profiles include Accountant, Auditor, Business Analyst, Finance Manager, Sales Analyst, Economist, Tax Accountant, others.

Adopt transferable skills: Students who pursue this three-year full-time undergraduate course will learn about business-oriented techniques and develop transferable skills like time management, stress management, communication, and teamwork. Yes, you can succeed in multiple skills that be technical, professional or for personal well-being.

Networking: Building connections in competitive and fast-growing industries like business development and entrepreneurship is necessary. No matter what you specialize in. you’ll also have the tools to build networks and forge your business. This will help in finding the right investors and supporters. This is one of the most valuable advantages of studying B.Com. Hons.

To sum up..

BML Munjal University (BMU), India's leading university, offers a Bachelor of Commerce (Hons.) degree. The three-year undergraduate programme has been crafted to provide students with a multi-disciplinary perspective towards commerce, business, trade, finance and technological integration in the ongoing milieu of digitalization. The unique course at BMU also offers a solid foundation of BlockChain and Robotic Process Automation to prepare pupils for the growing business world. Under the course, students will also be offered experiential learning approaches, a 20-week long internship in some of India's leading business firms, and skills training. For further questions related to B.Com Hons admission, interested students can check out BML Munjal University’s official website.

The undergraduate course will also develop students’ English language skills that are sacrosanct in today’s business world. Alongside that, they will excel in business-specific techniques skills and grasp new ways of learning like experiential learning – a process of learning by experiences. At BMU, students will excel by learning in a new education system and be guided and facilitated by world-class faculty members and business experts. You are just one step away from embellishing your career. The first step has been defined here. It’s time for you to hit the ground running.