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Home Online B.Com BCom Salary In India: Freshers, Experience [Latest 2024]

BCom Salary In India: Freshers, Experience [Latest 2024]

Apr 3, 2024 1K Reads

Bcom can offer you many lucrative job and career options. BCom is a three-year undergraduate program offered by many government, private, and foreign universities. The students can pursue the course online, in distance and regular mode.

After the completion of the program, the students can get many job opportunities in the industries like -

  • Accounting and Auditing
  • Media
  • Insurance Service
  • Information Technology
  • Manufacturing Service
  • Educational Institute
  • Automobiles Services
  • Commercial Banking
  • International Banking
  • Tax Advisory Service
  • Telecommunication Services and BPOs
  • Financial Service
  • Government Service
  • Policy Planning

BCom is a vast segment of the commerce field and after completion of this program, you get abundant jobs in Taxation, Accounting, Wealth Creation, Management, Finance, Banking, Insurance, Auditing etc. The only thing that students have to work on is which field they are most interested in. So to know more jobs and career opportunities let’s read the blog. 

Jobs after BCom

After BCom, the students aspire to take a job in top MNCs and at a place with all the luxuries and a good salary package.

There are various jobs that you can pursue after completion of the course in the Commerce field -

  • Investment Banker
  • Chartered Accountant (CA)
  • Chartered Financial Analyst (CFA)
  • Retail Manager
  • Cost Accountant
  • Entrepreneur
  • Chief Executive Officer (CEO)
  • Personal Financial Advisor
  • Marketing Manager
  • Human Resource Manager
  • Business Accountant and Taxation
  • Certified Public Accountant (CPA)
  • Company Secretary
  • Actuary
  • Research Analyst

How to get a Job in a Bank after BCom?

Many students aspire to work in the banks after completion of the BCom. Students in the BCom field can pursue a career in the banking sector. The candidate gets the essential foundation understanding of the topics from working in a Bank from the BCom. 

To get into the government bank, the candidate must have to pass the entrance examination conducted by the government of India. However, in private banks, the candidate can simply apply and get into it after giving the interview. 

Top Government & private Banks that hire BCom Graduates are -

  • State Bank of India 
  • HDFC Bank
  • Canara Bank 
  • Kotak Mahindra Bank 
  • IDBI Bank  
  • Bank of India 
  • Bank of Baroda 
  • Axis Bank 
  • ICICI Bank 
  • YES Bank  

The students working in banks after BCom get lucrative salary packages, job security, and better scope of growth, no impact will be there based on recession, and this is a suitable job for any students from any field, it also provides a safe work environment, and you can also make a good work-life balance while working in bank. 

Top Entrance Examinations to get a bank job after BCom -

  • IBPS Clerk-Bank Clerk
  • IBPS PO- Probationary Officer
  • IBPS SO- Specialist Officer 
  • RRB PO
  • RRB Clerk
  • SBI PO
  • SBI Clerk 

What is the importance Of BCom?

Pursuing a BCom degree can help you open many new doors of opportunities. Some various jobs and industries require BCom graduates. There are various benefits to pursuing BCom. It enhances business skills. The commerce field equips students with many skills and critical thinking that are in high demand in the business field. The students can get career and job opportunities in the business world and get in-depth knowledge of business management, economics, taxation, financial accounting and many more.

The commerce field offers better career options. You can get many career opportunities in industries like automobile services, Commercial Banking, International Banking, Tax Advisory Services, Telecommunication Services and BPOs, Financial Services and many more. Entrepreneurship skills- Commerce studies give the business skills that can help the students build their ventures and start the business.

Salary and Career After BCom: Specialisation-wise

You will be amazed to know how your pay scale can vary and rise depending on the specialisation opted. Here we have mentioned the Top BCom specialisations and the pay scale with the specialisation. 

1) BCom in Accounting and Finance 

BCom in Accounting and Finance is the degree that can pay you INR 4.9 LPA after the completion of the course in the job role. The students after this course can start with an initial salary of INR 1.7 LPA. However, with the skills and expertise in the field, the students can earn better and the sky is the limit. You can earn up to 20 LPA with good expertise.

The students can get prominent jobs and career opportunities in top companies like TCS, Accenture,  and many more.

BCom in Accounting and Finance Average Salary INR 497958
Admission Open Online Bcom In Accounting and Finance!

2) BCom In Law

Demand for Students with a BCom in Law is increasing, as these graduates have in-depth knowledge of two big domains that is the Commerce and Law fields. The students can earn an average salary of INR 4.39 lakhs per annum.

At the start of their career, the students can earn up to INR 1.92 LPA. With expertise and better skills, the candidates get a high pay scale of INR 30 lakh per annum. They can get high positions and roles at the top MNCs. 

BCom In Law Average Salary INR 439773
Admission Open Online Bcom In Law!

3) BCom in Statistics(IT)

BCom In Law is a three-year BCom specialised progra that offers in-depth knowledge of the IT sector along with the advanced study of the commerce field. The course equips the students with many skills in subjects like Data Analysis, Actuarial Science, analysis, statistical methods, probability methods etc.

Students after completion of the course can pursue their career in the government field and services like Statistical Services, Indian Civil Services and Indian Economic Services. 

Individuals after completion of the BCom in Statistics(IT) can earn an average salary of INR 10.4 LPA. and the salary rises with expertise and skills enhancement. 

BCom in Statistics(IT) Average Salary INR 10.4 LPA

4) BCom in Corporate Law

If you are a commerce student who is interred in the law field and also wants to pursue a career in the corporate world then you should pursue a BCom. The students after completion of the program can earn an average salary of INR 5.4 LPA. This field allows the candidate to work in the field as a Project manager, Director Risk Management,  Finance Manager, etc. With expertise and skills in the field, the students can earn up to INR 30 LPA. 

BCom in Corporate Law Average Salary INR 540000

5) BCom in Marketing management

Commerce candidates who are interested in the marketing and management field can pursue this course. This course equips students with all the essential tools, and techniques that are necessary to handle the marketing field in this modern world. After the completion of the program, the students can start their careers in the marketing field as Management Consultant, General Service Manager, Business Development Manager and many more.

The students can get an average salary of INR 3.5 LPA lakh per annum. With better skillset and expertise, they can earn a salary of up to INR 20 LPA. You can find amazing job opportunities in Marketing Companies, Advertising Agencies, Financial Services and many more. 

BCom in Marketing Management Average Salary INR 540000
Admission Open Online Bcom In Marketing Management!

6) BCom in Economics 

The students can also get career and job opportunities in the BCom in the Economics field. BCom in Economics equips students with in-depth knowledge of two major domains which are economics and the commerce field.  After the completion of the course, the students can get jobs in top companies like IBM India, Accenture, Ernst & Young (EY), HCL Technologies, etc. 

BCom in Economics Average Salary INR 631826

7) BCom in General Business

It is specifically for students who have a keen interest in the business field. After the completion of the program, the students can get job opportunities and roles like Associate AuditorBusiness Development Associate, Assistant Account Manager, Marketing Consultant, and Research Analyst. You can get lucrative job opportunities in the sectors like management, business, and finance. 

BCom in General Business Average Salary INR 631826

Courses After BCom

After Completion of the BCom, many candidates do not wish to appear for any job and interview rather they opt to pursue higher studies in various fields and specialisations.

Here are mentioned some of the higher studies options after completion of the online BCOM program -

  • MCom- Masters of Commerce(MCom) is a two-year postgraduate degree program that is offered online, in the distance and regular mode. The students have to appear in the entrance examination if they wish to enrol in the regular MCom. But Online MCom and distance MCom require no entrance examination. You can opt for any specialisation in MCom like Economics, Business Studies, Management and Statistics,  Finance, Accounting, Taxation, Marketing and many more. 
  • BEd- After completion of the BCom degree you can also opt for the BEd (Bachelors of Education) Degree. The students who are interested in the teaching field can opt for the BEd degree. The BEd degree holders can teach in schools, coachings etc. 
  • MBA- You can also pursue an MBA (Master of Business Administration). This course can be pursued Online, in regular and in distance mode. To enroll in a regular MBA program the students must have to appear in the entrance examinations like CAT, MAT and many more. 
  • Chartered Accountancy- This is also a popular career path that is opted for by the students. It is the practice of auditing, accounting, and financial assessments. It is open for all commerce students after the 12th or even after graduation. A professional certification is awarded to the students after the completion of the CA course and become eligible to practice professionally. This certification is approved and awarded by the Institute of Chartered Accountants of India (ICAI). The role of CAA in any firm and organisation is to work on the financial matters of the business enterprise such as financial statements, tax filing, business practices and many more. 

Other career opportunities after BCom

There are many job and career opportunities that you can have after pursuing BCom. some of the top career options are-

  • Company Secretary (CS)
  • Chartered Financial Analyst (CFA)
  • Business Accounting and Taxation (BAT)
  • Certified Management Accountant (CMA)
  • Certified Public Accounting (CPA)
  • Financial Risk Management (FRM) 
  • Association of Chartered Certified Accountants (ACCA)
  • Certified Financial Planner (CFP)
  • Certificate in Investment Banking (CIB)

Government jobs and salaries for BCom after entrance examination

You can also take a government job after completion of the program. Here is the list of the jobs that can be pursued after the BCom. 

Government Job Post  Salary
RBI Officer INR 5.4 LPA
IBPS PO INR 4.2 LPA
SBI PO INR 5 LPA
SBI Clerk INR 3.5 LPA
UPSC/SCC INR 3.8 LPA

Conclusion

There are enormous jobs and career opportunities after completion of the BCom. You can get amazing salary packages as well. So now if you are looking to pursue BCom, you can go ahead. There are various BCom specialisations like BCom in B.Com in General, Auditing,  Accounting and Finance, Banking Finance,  Stock markets, Law, Business Analytics, International Business,  E-Commerce, Marketing and  Behavioural Finance . 

FAQs (Frequently Asked Questions)

Yes, the Online BCom degree is valid and approved by UGC.

The highest paying job after the completion of Bachelor of Commerce is CI who earns INR 21.7 LPA. 

Yes,  with skills and expertise, you can easily get the job after BCom in industries like-

  • Accounting and Auditing
  • Media
  • Insurance Service
  • Information Technology
  • Manufacturing Service
  • Educational Institute
  • Automobiles Services
  • Commercial Banking
  • International Banking
  • Tax Advisory Service
  • Telecommunication Services and BPOs
  • Financial Service
  • Government Service
  • Policy Planning

Some top Online BCom Universities are-

  • Online Manipal 
  • Jain University Online 
  • LPU Online 
  • Amrita Ahead Online 
  • Amity Unversity Online 
  • Sikkim Manipal University Online 
  • Kurukshetra University Online 
  • Andhra University Online 
  • Suresh Gyan Vihar University 
  • DMIHER University Online

Yes, a BCom graduate can get a government post through examinations like UPSC, Bank exams and SSC examinations.

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