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What kind of opportunities can we expect after pursuing B.Com?

09 Aug 2022

The demand for B.Com professionals has increased in the last decade, many students are choosing commerce over science and other streams. The demand for commerce graduates has increased due to the skill-crunch industry, which is going forward to face future challenges due to dynamic marketing scenarios. The skilled commerce students are the right fit for the highly competitive industry.  Some of the top BCom trending courses are:

• B.Com ACCA
• B.Com CMA
• BCom with Logistics and Supply Chain Management
• B.Com Business Data Analytics

Business Advisor

The business advisors are responsible to support businesses and the ability to use their own experiences across specialisms rather than a specific degree subject. They are responsible for providing information support, coaching, advice and guidance to business people. They are also required to provide specialist services depending on their expertise to the clients

The business advisors are expected to possess an in-depth knowledge of the business support landscape and the ability to advise businesses on the range of options. They are required to undertake diagnostic needs assessments with businesses, including analysing the needs of the business and working with the client to put a business action plan

Salary: Around 3 Lakhs to 4 Lakhs PA

Stockbroker

The stockbrokers are responsible for handling a fast-paced and challenging financial environment, using excellent communication, negotiation and analytical skills. They are responsible to buy and sell stocks and other securities for retail and institutional clients, through a stock exchange

The stockbrokers are expected to keep up to date with the latest financial and tax legislation. They are responsible for carrying out specific market research and analysis about stocks. They are expected to ensure and understand the client’s needs and enable them to make appropriate suggestions for their investments

Salary: Around 4 Lakhs to 5 Lakhs PA

Mortgage Advisor

The mortgage advisor is expected to use in-depth knowledge of the market to find clients mortgage products suitable for their needs. They are responsible for advising on mortgage prices in the markets for the specific product. They are expected to connect the best deals for both sellers and buyers.

The mortgage advisors are required to find out the client’s financial situation and perform the mortgage accordingly. They are required to assess the type of mortgage which is most suitable for each client. They are responsible to make sure that customers can afford what they are borrowing and capable to take up mortgage

Salary: Around 5 Lakhs to 10 Lakhs PA

Retail Banker

The Retail bankers are responsible to help individuals to manage their money and provide advice and financial services and products. They are involved in various areas such as assisting in the movement of money via payment mechanisms, authorising loans and overdraft facilities, setting up saving accounts and bonds.

The retail bankers are required to deal with customer complaints and ensure to resolve them as soon as possible.

They are required to represent the bank within the wider community and build relevant contacts. They are expected to understand the customer needs, recommending suitable products and making sales.

Salary: Around 6 Lakhs to 14 Lakhs PA

Chartered Accountant

The Chartered accountants are responsible to give advice, audit accounts and provide trustworthy information about the financial records of an organisation or individuals. They are also involved in different areas like financial reporting, taxation, auditing, forensic accounting, corporate finance management, business recovery and insolvency, accounting systems and processes. 

The Chartered Accountants work in a range of organisations that includes public firms, private organisations, non-profit organisations, NGOs, schools, colleges and universities, etc They are required to undertake financial audits of the clients or the organisations. They are responsible to maintain accounting records and prepare accounts and management.

Salary: Around 8 Lakhs to 20 Lakhs PA

Financial Analyst

The financial analysts are responsible to perform financial forecasting, reporting and operational metrics tracking. They are required to analyse financial data and create financial models for decision support. They are required to analyse past results, perform variance analysis, identify trends and make recommendations for improvements.

The financial analysts are expected to work closely with the accounting team to ensure accurate financial reporting. They are required to evaluate financial performance by comparing and analysing actual results with plans and forecasts. They are expected to provide analysis of trends and forecasts and recommend actions for optimization.

Salary: Around 8 Lakhs to 25 Lakhs PA

Final Lines

The B.Com course which was once limited to one set of people has come forward way ahead today. The B.Com course has been a popular choice of many students in the last decade. The increase in the demand for the commerce professionals has created more avenues in today’s world. 

The B.Com course has spread into different specialisations according to the industry requirements. The above mentioned are some of the trending career roles in the last 1 to 2 -years which have proven to provide great career opportunities and good pay scales.

The students can get more details about Commerce courses offered at Akash Group of Institutions by contacting us on +91 9513597575/ +91 9513107575/ +91 8095107575.  They can also email us at admissions@akashinstitutions.com  for more details.