B.Com is the most popular course in India for commerce students, with over 4 million students each year. It is uniquely intended to offer administrative aptitudes and information about the streams like banking, finance, and bookkeeping to the students.
A B.Com course is explicitly intended to improve an individual’s ability to learn and develop aptitudes for problem-solving and to set an establishment for vocation and additional examinations in the field. A B.Com graduate has unlimited chances to better his possibilities, which relies upon his inclinations and applications.
B.Com graduates never end up with fewer opportunities. There has been a consistent demand for such freshers as each business requires them, private or public, huge or little, to run their business exercises.
Students with a B.Com degree can explore a broad scope of careers like accountants, client relationship officials, tax assessment officials, auditors in various fields like the Banking and Finance industry, bookkeeping, and corporate division.
B. Com graduates get a worldwide business point of view with information, aptitudes, and experience to improve their profession and find a new line of work in the Government, non-profit sectors.
Graduates can apply to various private sectors including, Consumer durables, Telecom, Banking and Insurance, Automobile, BPO industry, Media industry, Retail industry, and much more. A fresher may begin as a sales officer, accounts manager, assistant manager, company law assistant, financial manager, and accounting consultant in these organizations.
Along with the B. Com degree, students can apply for a complimentary exam, either competitive or general, to enhance or widen the available career opportunities in the future.
The most rewarding courses to apply along with a B. Com degree are as described below.
- Chartered Accountant:
One of the most well-known professions for commerce students is a Chartered Accountant. CA exams are directed by the Institute of Chartered Accountants (ICAI) and require clearing three levels viz. CPT, IPCC, and Final CA. The IPCC test comprises two groups. After clearing two groups, students need to enroll for articleship with an accomplished Chartered Accountant for a period of two years. After clearing both IPCC groups and effectively finishing articleship, students can appear for the Final CA test. In the wake of clearing both the groups, one can add the CA prefix to their name.
- Certified Management Accountant:
If a student plans to work on a global level or work in a portion of the top MNCs, an international certification course is a right choice. Certified Management Accountants or CMA is offered by the Institute of Management Accountants (IMA), USA, and the curriculum is consistently assessed by the Institute of Certified Management Accountants (ICMA). To become a CMA, students need to clear two assessments. CMA shows expert skills in financial planning, analysis, control, making students the right choice for MNCs.
- Chartered Financial Analyst:
With over 5000 job positions daily, Chartered Financial Analyst (CFA) is the highest standard of professional excellence in the investment business and a universally perceived degree offered by the CFA Institute. There are three types of educational plans offered: viz. live online training, classroom training, and self-study. Holding a CFA contract will likewise help students to move to another country simpler and smoother.
- US Certified Public Accounting:
With over 7500 jobs every day locally, US Certified Public Accountant (CPA) is the highest standard of competence in the field of bookkeeping across the globe. The test is directed by the American Institute of Certified Public Accountants (AICPA), which is the world’s most significant accounting body. This gives an incredible favorable position to a US CPA working with US Based Financial firms or Indian firms working for US customers. US CPA comprises four tests that can be finished inside a year or less. Seeking a US CPA subsequent to finishing CA, M.Com, CS, MBA in finance, ICWA can likewise give a substantial boost to students’ careers.
- Financial Risk Manager:
With over 6500 jobs every day, Financial Risk Manager (FRM) is a worldwide perceived accreditation for finance and banking experts by the Global Association of Risk Professionals (GARP, USA). FRM offers excellent career options in risk management, trading, structuring, modeling, and many more. With the best possible soft skills training and career assistance, students become competent and ready to take on the financial world’s challenges.
- Business Accounting and Taxation:
The most common issue for B.Com freshers is that they require some practical experience to seek a career in finance or accounts. With over 7500 positions daily, the course has been analyzed and intended to give students a viable comprehension of bookkeeping, tax assessment, detailing, and compliance, all the aptitudes mandatory for bookkeeping firms, KPO, and other hardcore finance and accounting profiles.
- Financial Modeling:
With more than 11000 positions every day, Financial Modeling is one of the essential requirements in the finance segment. It is the craft of building a model to portray fiscal summaries and give business arrangements through investment analysis. The program will provide the students with an edge over different investment experts, equity research, credit, project, mergers & acquisition, corporate finance, and many more.
As described above, a B. Com degree is one of the most lucrative and promising degrees in the Commerce and Accounting field, offering numerous career opportunities. So, commerce students must definitely go for this degree and specific certification courses if interested in exploring even more diverse career opportunities.
To start with B. Com, students can apply with Sir Padampat Singhania University in Udaipur, one of the best private management colleges of Rajasthan established by JK Cement Ltd., offering excellent education, in house resources, infrastructure, and amenities along with excellent infrastructure and opportunities for paid internships and final placements in India and abroad at high salary packages through the academic and industrial collaborations of the university.
Students at SPSU get the required practical exposure along with learning theoretical concepts through workshops, seminars, live training sessions, etc. and experience vibrant college life with great career exposure and an excellent learning environment making it one of the top ten colleges for B. Com degree in Udaipur city.