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10 Best Career Options after B.Com 2024: What to do After B.Com? [updated]
Updated on 20 November, 2024
1.88M+ views
• 16 min read
Table of Contents
With 43.22 lakh students pursuing a BCom degree in India (48.5% of them being girls), you're part of a thriving community preparing for a bright future.
Top colleges like SRCC and Christ University are home to students aiming for careers in finance, management, and beyond. Whether you want to jump into the world of finance, or a completely different path, a BCom opens countless opportunities.
So, wondering what to do after BCom? Some of the best courses to enhance your career include an MBA, CA, or CFA. You could also work in high-demand roles such as data scientist, bank manager, and more.
However, with so many options available, it can take time to choose the right one. No need to worry, though.
This guide has you covered! Explore the best career options after BCom, helping you find the perfect match for your goals and skills.
Dive in!
Key Highlights
Here are the key highlights of the best career options after BCom, which you will discover in this blog.
Highlight | Details |
Top Career Options After BCom |
|
Average Salary After Bcom (Per Year) | INR 2.5 to INR 4.5L (Entry Level) |
Top Courses After Bcom |
|
Top Recruiters |
|
Top Universities |
|
Top Career Options after BCom
India’s e-commerce industry is booming, with a market value of 123 billion US dollars in 2024, projected to reach 300 billion U.S. dollars by 2030. As a BCom graduate, you’re perfectly positioned to tap into this growing field.
But what are the best career options after BCom? From financial planning to digital marketing, this section will help you pick the top career paths that suit your skills and ambitions.
Read on.
1. Management Jobs after BCom
Management roles involve overseeing various departments and ensuring smooth operations across the company. It hones your leadership skills and offers a comprehensive view of business functions.
Roles & Responsibilities:
- Coordinating and managing teams to achieve business goals.
- Developing and implementing business strategies.
- Ensuring efficient operations and managing resources.
Top Recruiters & Industries: Reliance, Tata, Infosys. Applicable in retail, tech, and manufacturing.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Project Manager | INR 1.2Cr |
Operations Manager | INR 7L |
Business Development Manager | INR 5.1L |
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2. Banking & Finance Jobs after B.Com
In this field, you’ll be involved in managing financial transactions, portfolios, and investment strategies. It provides a stable career with opportunities to grow in the financial sector.
Roles & Responsibilities:
- Managing client accounts and financial portfolios.
- Advising clients on investments and loans.
- Handling banking operations and transactions.
Top Recruiters: ICICI, HDFC, SBI banking.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Investment Banker | INR 2.2Cr |
Financial Analyst | INR 7.5L |
Bank Manager | INR 5.5L |
Also Read: Finance Free Online Course with Certification.
3. Sales & Marketing Jobs after B.Com
This dynamic field involves promoting products and services, developing marketing strategies, and driving sales growth. It combines creativity with business strategy and offers fast-paced growth.
Roles & Responsibilities:
- Developing and executing marketing campaigns.
- Managing client relationships and negotiating deals.
- Analyzing market trends to increase sales.
Top Recruiters: HUL, Coca-Cola, Amazon.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Digital Marketing Manager | INR 7L |
Marketing Manager | INR 6L |
Sales Executive | INR 3.2L |
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4. Accounting & Taxation Jobs after B.Com
Accounting and taxation roles focus on managing finances, auditing, and ensuring tax compliance. You gain specialized expertise in finance and tax laws.
Roles & Responsibilities:
- Preparing financial statements and reports.
- Managing tax filings and compliance with regulations.
- Conducting audits and ensuring accurate record-keeping.
Top Recruiters: Deloitte, PwC, EY, KPMG.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Tax Consultant | INR 1Cr |
Auditor | INR 6.5L |
Accountant | INR 4L |
5. Human Resource Management Jobs after BCom
HR management involves recruiting, training, and maintaining a positive work environment within an organization. It shapes company culture and improves employee satisfaction.
Roles & Responsibilities:
- Recruiting and onboarding new employees.
- Managing employee benefits and performance evaluations.
- Developing training and development programs.
Top Recruiters & Industries: IBM, Accenture, Wipro.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
HR Manager | INR 6.5L |
Recruitment Specialist | INR 4.2L |
Training Manager | INR 7.5L |
6. Entrepreneurship Opportunities after BCom
Entrepreneurs create and manage their businesses, overseeing everything from operations to strategy. It offers the freedom to innovate and grow your own business.
Roles & Responsibilities:
- Identifying business opportunities and developing new ventures.
- Managing all aspects of business operations and finances.
- Building a team and leading the company’s growth.
Top Startups to Inspire You in India: Flipkart (e-commerce), Zomato (food delivery), BYJU’s (ed-tech), Ola (ride-hailing), and Paytm (fintech).
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Startup Founder/CEO | INR 1.6Cr |
Business Consultant | INR 9L |
Product Manager | INR 1.5Cr |
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7. Data Analytics Jobs after BCom
Data analysts help companies make informed decisions by interpreting and analyzing data. You will combine technical skills with business insights to make impactful decisions.
Roles & Responsibilities:
- Analyzing data to provide business insights.
- Developing reports based on data trends.
- Collaborating with teams to improve business performance.
Top Recruiters & Industries: TCS, Mu Sigma, Fractal Analytics.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Data Scientist | INR 1.8Cr |
Business Analyst | INR 1Cr |
Data Analyst | INR 9.5L |
8. Insurance Jobs after BCom
A career in insurance offers stability and long-term growth. It focuses on helping individuals and businesses manage risks and secure their financial futures. Insurance jobs stand out because they blend financial knowledge with a deep sense of responsibility for safeguarding people’s futures.
Roles & Responsibilities:
- Assessing and underwriting insurance policies.
- Managing claims and customer interactions.
- Analyzing risks and developing risk management strategies.
Top Recruiters & Industries: LIC, Max Life, ICICI Prudential.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Risk Manager | INR 1.2Cr |
Underwriter | INR 6L |
Insurance Advisor | INR 3.5L |
9. E-commerce and Digital Business Jobs after BCom
E-commerce roles focus on managing online businesses, digital platforms, and marketing strategies. They are unique because they operate at the intersection of technology and business.
Plus, the flexibility to work across various industries (retail, logistics, and digital marketing) makes this a diverse and exciting career path.
Roles & Responsibilities:
- Managing digital platforms and online stores.
- Developing digital marketing and sales strategies.
- Analyzing customer data to improve user experience.
Top Recruiters & Industries: Amazon, Flipkart, Zomato.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Product Manager (E-commerce) | INR 1Cr |
E-commerce Manager | INR 7L |
Digital Marketing Executive | INR 3.5L |
Also Read: How to Design an Amazing Ecommerce Website!
10. Government Jobs after BCom
Government jobs provide stability and diverse opportunities in finance, administration, and public services. They offer long-term job security and societal impact.
Unlike some corporate roles, government positions provide long-term benefits like pensions, health insurance, and guaranteed salary increments, which financially secures you for life.
Roles & Responsibilities:
- Managing finances in public sector banks or tax departments.
- Overseeing regulatory compliance and public policies.
- Working in administrative roles within government bodies.
Top Recruiters & Industries: RBI, SEBI, Indian Railways.
Here are some of the top career options after BCom to consider in this field.
Job Role | Average Annual Salary |
Income Tax Officer | INR 9L |
RBI Grade B Officer | INR 6.6L |
Public Sector Bank Manager | INR 7.6L |
Top Study Options after BCom
So, you've got your BCom degree, but what’s next? With employability among BCom graduates in India hovering around 48 percent in 2024, it’s clear that standing out in the job market requires more than just a bachelor's degree.
But don’t worry. You’ve already laid a solid foundation, and now it’s time to take it to the next level.
Explore after BCom which course is best for boosting your career prospects.
1. MBA/PGDM
An MBA (Master of Business Administration) or PGDM (Post Graduate Diploma in Management) equips you with advanced knowledge of business management, leadership, and strategic decision-making.
Throughout the course, you’ll learn core subjects like finance, marketing, operations, human resources, and entrepreneurship. Here are the top institutes in India for MBA/PGDM.
Institute | Approx. Fees (Full Program) |
Indian Institute of Management (IIM) Ahmedabad | INR 33L |
Indian School of Business (ISB), Hyderabad | INR 41.8L |
XLRI – Xavier School of Management, Jamshedpur | INR 24.2L |
Eligibility:
- A bachelor's degree (BCom or any other stream) from a recognized university.
- Minimum of 50% aggregate marks (varies for different colleges).
- Entrance exam scores like CAT, XAT, GMAT, or equivalent.
- Some colleges may require work experience, although freshers are also eligible for many programs.
2. MCom
Among the many career options after BCom, pursuing an MCom is a popular choice if you want to deepen your understanding of commerce, accounting, finance, and economics.
It's particularly ideal if you’re aiming for a career in teaching or research or want to pursue further professional qualifications like CA or CFA. Here are the top institutes in India for MCom.
Institute | Approx. Fees |
Shri Ram College of Commerce (SRCC), Delhi University | INR 30K per year |
Loyola College, Chennai | INR 12.6K per semester |
Christ University, Bangalore | INR 1.85L in total |
Eligibility of these career options after BCom:
- A BCom degree from a recognized university.
- Minimum of 50-55% aggregate marks (varies by college).
- Some universities may require an internal entrance exam for admission.
3. CA/CS
CA and CS are two of the most prestigious professional qualifications after BCom. CA focuses on accounting, auditing, taxation, and financial reporting, preparing you to handle complex financial matters for businesses.
On the other hand, CS is designed for those interested in corporate governance, legal compliance, and company law. Here are the top institutes in India for CA/CS.
Institute | Approx. Fees |
Institute of Chartered Accountants of India (ICAI) | INR 10.9K per year |
Institute of Company Secretaries of India (ICSI) | INR 20K to 22K per year |
Christ University, Bangalore (for foundation courses) | 2L program fee |
Eligibility of these career options after BCom:
- A BCom degree (though you can start right after the 12th).
- Pass the entrance exams like CA Foundation or CS Foundation.
- Completion of the required articleship (CA) or training (CS) as per course structure.
4. CMA (Cost and Management Accountant)
CMA is one of the specialized career options after BCom for those who want to focus on cost management, auditing, and financial planning.
This course equips you to optimize cost efficiency and develop financial strategies, making you a key player in industries like manufacturing, services, and consultancy. Here are the top institutes in India for CMA.
Institute | Approx. Fees (per annum) |
Institute of Cost Accountants of India (ICAI) | INR 15K to 20K |
Eligibility of these career options after BCom:
- A BCom degree or equivalent from a recognized university.
- Completion of CMA Foundation (if starting after 12th).
- Completion of the required training program like a 3-year practical training program or internship.
5. LLB
LLB is another exciting career option after BCom, especially if you’re interested in legal affairs and corporate law.
The course provides a deep understanding of criminal, corporate, and constitutional law, preparing you to become a lawyer, legal advisor, or corporate legal consultant. Here are the top institutes in India for LLB.
Institute | Approx. Fees (per annum) |
National Law School of India University (NLSIU), Bangalore | INR 4L |
Faculty of Law, University of Delhi | INR 5K |
Symbiosis Law School, Pune | INR 2.3L |
Eligibility of these career options after BCom:
- A bachelor's degree (BCom or any other) from a recognized university.
- Minimum of 45-50% aggregate marks (varies by college).
- Passing an entrance exam like CLAT or AILET.
6. MSc Finance/Accounting
An MSC in Finance or MSc in Accounting is an advanced postgraduate degree designed to deepen your understanding of financial analysis, accounting principles, and strategic decision-making.
The curriculum covers topics such as advanced financial management, corporate reporting, risk management, taxation, and international finance.
Here are the top institutes in India for MSc Finance/Accounting.
Institute | Approx. Fees (per annum) |
O.P. Jindal Global University, Delhi | INR 2.5L |
The Indian Institute Of Business Management & Studies | INR 48K + 18% GST |
Eligibility of these career options after BCom:
- A bachelor's degree (BCom or related field) from a recognized university.
- Minimum of 50-55% aggregate marks (varies by college).
- Some institutions may require you to take entrance exams like CAT, GMAT, or their own admission tests.
7. MSc Data Analytics/Business Analytics
An MSc in Data Analytics or MSc in Business Analytics is an ideal course for BCom graduates who want to specialize in analyzing data to drive business decisions. These programs equip you with skills in statistical analysis, machine learning, data visualization, and business intelligence.
You’ll learn how to extract insights from complex data sets, which is essential for making informed business strategies in today’s data-driven world. Here are the top institutes in India for MSc in Data Analytics/Business Analytics.
Institute | Approx. Fees |
Indian School of Business (ISB), Hyderabad | INR 10.8L program fee |
IIM Bangalore | INR 26L program fee |
Amity University, Noida |
|
Eligibility of these career options after BCom:
- A bachelor's degree (BCom or any other stream) from a recognized university.
- Minimum of 50-55% aggregate marks (varies by college).
- Some colleges may require entrance exams like CAT, GMAT, or GRE.
- Familiarity with mathematics, statistics, or programming may be required.
8. Actuarial Science
Actuarial Science is one of the most challenging yet rewarding career options after BCom. This specialized field focuses on assessing financial risks in insurance, finance, and other industries by applying mathematical and statistical methods.
As an actuary, you will use data to predict future events, such as life expectancy, retirement, and insurance claims, and help businesses make informed financial decisions. Here are the top institutes in India for actuarial science.
Institute | Approx. Fees |
Institute of Actuaries of India (IAI) | The membership fees per annum are:
|
Christ University, Bangalore | INR 4L in total |
Amity School of Insurance, Banking & Actuarial Science, Noida |
|
Eligibility of these career options after BCom:
- A bachelor's degree (BCom or related) from a recognized university.
- Must clear the ACET (Actuarial Common Entrance Test).
- Strong background in mathematics and statistics.
- Ability to clear the series of professional exams conducted by the Institute of Actuaries of India (IAI).
Govt Exams after BCom
If you're a BCom graduate looking to combine job stability with the opportunity to make a real impact, government exams are your golden ticket.
Ready to explore your options? Check out the top government exams after BCom that can set you on the path to a rewarding career!
1. UPSC (Union Public Service Commission)
The UPSC is one of the most prestigious and rigorous competitive exams in India. It recruits candidates for various civil services like IAS, IPS, IFS, and other government roles.
UPSC preparation demands a thorough understanding of current affairs, general studies, and subject-specific knowledge. Dedicate at least 1-2 years to consistent study, practicing mock tests, and staying updated with daily news. Focus on reading standard UPSC books and solving previous year question papers.
Here are the categories you can apply for.
Exam | Preliminary Exam | Main Exam | Approx. Fees |
UPSC CSE | May | September |
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Indian Forest Service (IFS) | June | November to December |
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For accurate dates and fees, please visit the official website.
2. Bank PO (Probationary Officer)
The Bank PO exams are for you if you're aiming for managerial positions in public sector or private banks. You'll be tested on reasoning, aptitude, and general awareness. This path is perfect if you're a graduate looking to start a career in banking at a leadership level.
Here are the exams with different banks.
- SBI PO: Conducted by State Bank of India.
- IBPS PO: For other public sector banks.
- RBI Assistant: Similar to PO but specific to RBI.
Here are the categories you can apply for.
Exam | Preliminary Exam | Mains Exam | Approx. Fees |
IBPS PO (other public sector banks) | October | November |
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SBI PO (State Bank of India) | November | December |
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RBI Assistant | November | December |
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For accurate dates and fees, please visit the official website.
3. Bank Clerk
If you're looking for an entry-level job in public sector banks, the Bank Clerk exams are for you. These exams focus on aptitude, reasoning, and clerical skills, offering a stable career in banking with customer service responsibilities.
Here are the exams with different banks.
Exam | Preliminary Exam | Mains Exam | Approx. Fees |
SBI Clerk | January | June |
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IBPS Clerk (For other public sector banks) | August | October |
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For accurate dates and fees, please visit the official website.
4. Railway Recruitment Board (RRB)
The RRB exams are perfect for you if you want a job in the Indian Railways. They recruit for non-technical and technical roles, so whether you're a graduate or diploma holder, there are plenty of opportunities to work in various roles within the railways.
You may apply for the RRB NTPC (Non-Technical Popular Categories) exam for roles like Station Master, Goods Guard, etc.
This exam registration begins in September and ends in October. Exam dates are then announced on the official website.
The fees are as follows.
- General/OBC: INR 500
- SC/ST/PWD/Women/Ex-Sm/Transgender/Minorities/Economically Backward: INR 250
5. RBI Grade B Exam
The RBI Grade B exam is for you if you're a graduate aiming for a prestigious managerial position at the Reserve Bank of India.
This exam will test your knowledge in areas like economics, finance, and quantitative aptitude, making it ideal for those looking to work in banking and monetary policy.
Here are the two phases for this exam you’ll have to answer.
Phases | Main Exam |
Phase I | September |
Phase II | October |
For accurate dates, please visit the official website.
The fees are as follows.
- General/OBC/EWS: ₹850 + 18% GST
- SC/ST/PWD: ₹100 + 18% GST
- No application fee for RBI staff
Abroad Study Options after BCom
In 2024, over 13 lakh Indian students went on to pursue their dreams overseas, seeking global exposure and a world-class education. If you're exploring career options after BCom, studying abroad can open up great opportunities for growth, specialization, and an edge in the competitive job market.
This section will give you an overview of top countries, universities, popular programs, and estimated fees to help you make an informed decision.
Here's a quick glance at the best study options abroad after BCom.
Country | Top University | Top Course After BCom | Approx. Fees Per Year |
USA | Harvard University | MBA | INR 64.2L (USD 76.4K) |
UK | London School of Economics (LSE) | MSc in Accounting and Finance | INR 41.7L (GBP 38K) |
Canada | University of Toronto | Master of Management & Professional Accounting (MMPA) | INR 38.7L (CAD 63.4K) |
Australia | University of Melbourne | Master of Commerce | INR 32.1L (AUD 56.5K) |
Germany | Ludwig Maximilian University of Munich | Master in Finance and Accounting | No Tuition Fees |
Top Career Options After Bcom Abroad
After exploring your study paths, it's time to dive into the exciting career options after BCom or other postgraduate courses abroad. A global degree opens doors to some of the highest-paying roles in various industries.
Take a look.
University | Placement Rate | Average Annual Salary |
Harward University | 73% | INR 1.47Cr (USD 175K) |
London School of Economics (LSE) | 71% | INR 38.4L (GBP 35K) |
University of Toronto | 96-97% | INR 16.5L (CAD 27K) |
University of Melbourne | 70% | INR 42.4L (AUD 75K) |
Ludwig Maximilian University of Munich | 66.9% | INR 87.2L (EUR 95K) |
Conclusion
Choosing the right career options after BCom can open doors to countless opportunities both in India and abroad.
With India now boasting 67 unicorns as of April 2024, according to the Hurun Global Unicorn Index, the demand for skilled professionals across various industries is soaring. Whether you’re looking to enter finance, management, or explore entrepreneurship, the potential for growth is immense.
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Frequently Asked Questions (FAQs)
Q: What are the top career options after BCom?
A: After BCom, you can explore careers in finance, accounting, management, data analytics, and entrepreneurship. Popular roles include Financial Analyst, Investment Banker, Project Manager, and Data Scientist.
Q: Is MBA a good career option after BCom?
A: Yes, pursuing an MBA is one of the best career options after BCom. It offers a broad understanding of business and management, leading to opportunities in finance, marketing, consulting, and operations.
Q: Which are the best professional courses after BCom?
A: Some of the best courses after BCom include CA (Chartered Accountancy), CFA (Chartered Financial Analyst), MBA, MCom, and CMA (Cost and Management Accountant).
Q: After BCom, which course is best for banking jobs?
A: For banking jobs, courses like MBA in Finance, MCom, CA, and certifications such as CFA or Financial Risk Management (FRM) are highly recommended.
Q: Can I pursue data analytics as a career option after BCom?
A: Absolutely! Data Analytics is a booming field, and with additional courses in data science, business analytics, or data management, you can transition into roles like Data Analyst or Business Analyst.
Q: Which course is better after BCom, CA or MBA?
A: It depends on your career goals. CA focuses on accounting and finance, making it ideal for those interested in auditing and taxation. MBA is broader, covering various business functions like marketing, management, and operations.
Q: After BCom which course is best for international careers?
A: To enhance your international career prospects after BCom, courses like CFA, MBA, or MSc in Finance from globally recognized universities are excellent options.
Q: What are the best government job options after BCom?
A: BCom graduates can appear for government exams like UPSC, RBI Grade B, Bank PO, and SSC CGL to pursue roles such as Income Tax Officer, RBI Officer, and Public Sector Bank Manager.
Q: Is digital marketing a good career option after BCom?
A: Yes, digital marketing is a great career option after BCom. With the rise of e-commerce and online business, digital marketing roles like SEO Specialist, Social Media Manager, and Digital Marketing Manager offer exciting growth prospects.
Q: What are the best entrepreneurship opportunities after BCom?
A: After BCom, you can venture into entrepreneurship in fields like e-commerce, fintech, ed-tech, or even start a consultancy or marketing firm. Courses in business management, strategy, or marketing can help you build your entrepreneurial skills.
Q: After BCom which course is best for accounting?
A: For accounting careers, pursuing CA, CMA, or ACCA (Association of Chartered Certified Accountants) are considered the best professional courses after BCom. These certifications offer specialized knowledge in accounting and auditing.