High-paying careers for commerce students in 2023

According to eMarketer and Statista research, online retail sales are predicted to reach $6.51 trillion by 2023, with e-commerce websites accounting for 22.3% of total retail sales. Thus, with the expansion of the ecommerce industry, many new job opportunities will also open up, and careers in e-commerce will flourish in a significant way. Since the e-commerce industry requires multiple skills, professionals need to possess various important skills. Students from the commerce background have a significant advantage in availing opportunities in the e-commerce sector since they possess essential skills which are an asset in the sector. Let us find out how an M.Com degree can help commerce students land a job in e-commerce.

How does an M.Com prepare you for a career in e-commerce?

You will have many opportunities to build a career in e-commerce after getting an M.Com degree. Although M.Com is a traditional Master’s degree course, you can opt for an online course because the current online degree of M.Com has incorporated many new courses to keep up with the requirements of the current job market. The M.Com course will offer the knowledge and skills related to various business aspects. You will be able to keep yourself updated with the knowledge required to manage or run an ecommerce business. You will get a comprehensive understanding of the following topics:

• Business analysis
• Accountancy
• Marketing management
• Financial management 
• Data analysis 

Career opportunities in the e-commerce industry for M.Com graduates

There are various high-paying e-commerce jobs after M.Com for commerce students. Let us discuss the details of some of the roles mentioned below:

E-commerce Manager

The role of an e-commerce manager is to formulate some practical strategies. These managers also ensure that these strategies help to generate profit by increasing online sales of a product. They also oversee the generation company’s income. Some of the critical responsibilities of e-commerce managers are:

• To encourage online sales by preparing strategies based on current standards.
• Oversee the activities of copywriters, designers and developers to check whether they adhere to the strategies.
• Create offers for promotional purposes.
• Analyze traffic for the maintenance of the website.
• Prepare a report for the new strategies.

Digital Marketing Manager

Digital marketing managers work on promoting various sales campaigns. They identify trends and plan various campaigns. Their responsibilities also encompass maintenance of the social media presence, preparing the report on various campaigns, implementing and developing campaigns etc. Some of the significant responsibilities of a Digital marketing manager are:

• Monitoring the budgets of marketing campaigns.
• To identify the recent and current trends.
• To cooperate with the experts in advertising and media.
• To manage the social media platforms.

Sales Manager

Sales managers are responsible for hiring and firing employees of the sales team. They also train sales representatives and establish a sales region. They also have to connect with the directors regarding their accomplishments in sales. They are responsible for fulfilling the sales targets. Some other responsibilities of a sales manager are:

• To acquire new clients.
• To create a sales plan.
• Manage customer relationships.
• Help to meet the sales goal
• Manage and develop accounts

Content Marketing Manager

Content marketing managers are responsible for increasing traffic through content marketing. They play the role of distributing the content on various platforms. They should understand each platform’s advantages and disadvantages and have analytical knowledge of social media and data utilization. You also need to gain key skills like Search Engine Optimization and understand different search engines because then you can do SEO for Google search or you can do SEO for Yahoo or other search engines as well . Some significant responsibilities of a Content Marketing Manager are:

• To manage the team of content writers
• Examine the results of marketing activities for the future campaigns
• Executing SEO techniques

Product Manager

Product managers analyze the need of the customer and emphasize building the product based on the need. They must understand the customer experience and fill the market gap by improving the product experience. They have to work with a team in a dynamic environment. Some of the responsibilities involve:

• To generate new ideas by having a deep understanding of the customers.
• To determine the price
• To relate the activities by maintaining a relation between the business and customer requirements.

Supply Chain Manager

Supply chain managers oversee all the activities related to producing and distributing goods. They are also responsible for scheduling the activities of various departments to ensure the identification, production, acquisition, and distribution of the company’s goods. Supply chain managers manage logistics and keep the company’s inventory up to date. They evaluate operational performance and solve problems. They also work with vendors and suppliers to ensure that all operations (for example, shipping and delivery) meet standards of quality and safety.

Operations Manager

Operation managers are in charge of various responsibilities, which can differ based on the type of business and sector. An operation manager oversees the duties of the HR department and manages the team. They manage all the activities related to producing goods and delivering the service. They also help to improve the culture and environment of the company. Some of their responsibilities include:

• Arranging events to boost employee engagement and motivation.
• Assessing data to determine the cost-benefit ratio.
• Using quality control checks to identify supply chain issues for the company.
• Preparing and monitoring employee schedules.

To know more, you can read Top job roles to explore after M.Com.

Top companies that hire commerce students

Many high-paying companies hire commerce students and provide various job opportunities and attractive salary packages. Some of the top companies hiring commerce students are mentioned below:

• Deloitte
• Amazon
• TCS
• Flipkart
• Infosys
• Accenture
• Cognizant
• Capgemini

Get a high-paying e-commerce job with an online M.Com through Online Manipal

If you have completed a B.Com degree and are interested in getting top e-commerce jobs, you should consider enrolling in the online M.Com course provided by Manipal University Jaipur. This UGC-recognized program is divided into 4 semesters over a period of 2 years. The comprehensive program will provide you with a wide range of skills needed to work efficiently in a business in today’s global marketplace. You will gain in-depth knowledge of critical business concepts and principles, allowing you to address real-world challenges and deliver actionable solutions. 

Learners will also gain a broader understanding of core business functions and other related topics through an extensive curriculum that includes advanced accounting and financial management, the legal environment of business, export and import laws, economic policies, and other aspects that influence trade and business. Thus, the program will be highly beneficial in helping commerce students land a job in the e-commerce sector.

You can also read Online M.Com vs conventional M.Com: What is the best way to pursue an M.Com degree course?

Conclusion

It is the best time to grab opportunities in the e-commerce field as the field is witnessing huge growth. If you are a commerce graduate and want to improve your career, you should acquire some skills to advance your career to high-paying roles. If you are already a commerce graduate and working professional, you should consider enrolling in an online post-graduate commerce program as it would provide the benefit of self-paced learning without you having to leave your job. You can opt for the online M.Com course from MUJ through Online Manipal to land a job in the e-commerce industry and advance your career.