All you need to know about B.Com courses

Pursuing B.Com courses is a great way to kickstart your career-oriented journey. The advantages of getting into B.Com courses are extraordinary as it is an amalgamation of the most important subjects needed to move forward in a commerce field. The article will explain all you need to know about Bachelor of Commerce. But first, let us look at what B.Com is and which paths it can open for you.

What is a Bachelor of Commerce (B.Com)?

To succeed in the field of commerce, the B.Com courses’ program orients their focus on equipping you with managerial skills and building competencies. The knowledge of accounting principles, economic policies, import and export laws, and other aspects of business and trade is what this three-year program by Manipal University Jaipur has in store for you. Learning to use interdisciplinary approaches, analyze and interpret information to solve real-world business disputes, and create new business opportunities. All these points of focus are what an individual will get to learn about in the B.com courses.

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Advantages of pursuing B.Com courses

• Wide pool of career choices

An individual has the choice to pursue higher studies, with subjects focusing on commerce, economics, accounting, and management, post completing the Bachelor of Commerce. Chartered Accountant (CA), Company Secretary (CS), and Cost and Work Accountant (ICWA); are the top career options one should opt for here. You can also explore other domains, such as Digital Marketing, upon completing the course. 

• Greater professional growth

Completing B.Com and earning the graduate certificate are proof of the constant determination and persistent intellectual prowess. It only showcases the individual’s ability to maintain calm in tense and challenging environments. This is exactly the set of sought-after qualities one looks for in a director or manager.The commitment here opens doors to appraisal, promotions, and moving ahead in life from a career standpoint. 

• Well-deserved salary package

There are vast job profiles and many job areas to be explored, and plenty of commerce graduates earn a substantial salary package. Still, there is a difference in those packages depending on the department they are getting into. Candidates with work experience may get paid more handsomely.

Salaries depend on the nature and type of job in which a student chooses a career option. However, the range starts from Rs. 10,000 to Rs. 25,000 per month for a fresher. The average salary of a Chartered Accountant (CA) in the company will be around 5 lakhs to 10 lakh per year.

Courses you can pursue after completing B.Com Course 

1. Master of Commerce (M.Com)- The online Master of Commerce is a comprehensive program that will equip you with a variety of skills required to make a business work efficiently in today’s global marketplace. You will gain deep knowledge of integral business concepts and principles that will enable you to address real-world challenges and deliver actionable solutions. The online Master of Commerce is an excellent choice for those who want to gain a competitive edge in the business world.
2. Master of Business Administration (MBA)- A globally recognized postgraduate degree earned after two years of study in business administration. This degree program teaches students how to streamline various organizational processes. The MBA course aims to produce trained professionals equipped with the necessary skills to be effective managers in today’s entrepreneurial world. 
3. Master of Computer Applications (MCA)- The Master of Computer Applications (MCA) is a postgraduate degree that trains students in areas such as computer programs, application software, computer architecture, and operating systems. The MCA course typically takes two years to complete.

Top career options post completing B.Com courses

• Chartered Accountancy (CA): A Chartered Accountant is an accounting professional, in simple words. Matters related to taxation and accounting of a business are taken care of by them after receiving certification from a statutory body. They can also provide advisory services to their clients. There are many responsibilities on the shoulders of chartered accountants overall.

• Company Secretary (CS): An in-house legal expert, the Company Secretary, is the company’s compliance officer. The expertise in corporate laws, securities laws, corporate governance, and capital market; are some of the assorted abilities of a CS. Being a multidisciplinary professional, a CS renders services in many areas in regard to what is needed.

• Chartered Financial Analyst (CFA): A globally recognized profession that measures and certifies financial analysts’ integrity and competence. To achieve the title of Chartered Financial Analyst, students are required to pass 3 levels of examination. The respected exams cover accounting, economics, ethics, money management, and security analysis.

• Business Accounting & Taxation (BAT): Business accounting, financial modeling, budget predictions, and their application in corporate scenarios; are the main points of focus in this profession. An in-depth understanding of taxation systems, payroll rules, and other economic fundamentals is provided to students in this field.

• Digital Marketing: Another name for this field is online marketing, and it is the promotion of brands to connect with potential customers. It uses various digital communication platforms to work this process. The said platform involves social media, emails, web-based advertising, etc. Basically, create a marketing campaign and make it digital. 

You can apply for an online B.Com course at Online Manipal. The course structure is designed to profit the learners in every domain of the accounting sector. The course demands a dissertation which will help you in implementing your theoretical and practical learnings and showcase your educational and professional prowess. For more information, visit the Online Manipal’s website and check out the B.Com courses.