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Exploring Job Prospects with an Online B.Com
Aug 27, 2024
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Exploring Job Prospects with an Online B.Com

Interested, About what comes after earning an Online B.Com degree? Let’s explore the exciting job prospects and career opportunities that come with it. 

An Online Bachelor of Commerce(B.Com) degree in today’s dynamic job market, can be a great move for career growth, and as 2024 unfolds selecting the right career path is extremely important because the choice you make now will play a significant role in shaping your future and personal fulfilment. An online B.Com equips you with business knowledge, technical skills, analytical abilities and management aptitudes that are required to build a career in multiple sectors, including finance, marketing, technology, and more. Further in this blog, we will explore the various job prospects and career advancement that come with online B.Com and how it can be a way for multiple professional opportunities. 

What is an Online B.Com 

The Online Bachelor of Business (B.COM) is a 3 years under graduation program that can be pursued by students who have completed their 10+2 from a recognized university with 50% to 60% aggregate marks. An online B.Com program typically covers core subjects such as Accounting Principles, Business Law, Economics, Finance, Business Mathematics, Cost Accounting, Organizational behaviour, Marketing, Business Statistics, and Management, which prepares students with the skills needed to build a career in various fields, including Accounting and Finance, Banking and Insurance, Business Management, Marketing and Sales, Economics and Data Analysis, Human Resources, and Supply Chain Management. To ensure an Online program’s quality and recognition by employers it is crucial to ensure that the program is NAAC-accredited and UGC-DE-approved. Accreditation provides assurances that the program meets high standards of education and is recognized by employers. 

Features 

Detail 

Course name 

Bachelor of Commerce

Course Level

Undergraduate level 

Eligibility Criteria 

Completed 10+2 from a recognised board 

Course Duration 

3-years

Approval 

UGC-DEB approved 

Mode of Education 

Online

Fees Structure 

INR 50,000 - INR 1,00,000 per year*

Top specializations 

  1. B.Com in Account & Finance
  2. B.Com in E-commerce
  3. B.Com in Banking & Insurance 
  4. B.Com in International Business 
  5. B.Com in Data Analytics 

Career Opportunities 

  • Accountant
  • Tax consultant
  • Company Secretary 
  • Marketing Manager 
  • Digital Marketing Manager
  • Financial risk manager
  • Investment 

Top Universities 

  • Amity University
  • Chandigarh University
  • Manipal University
  • Jain University 
  • D.Y.Patil University 

Job Options After Online B.Com 

This blog holds comprehensive & authentic details about career opportunities after completing the B.Com programs. Let’s explore a few of them. 

  1. Accountant 

An Accountant is one of the most prominent jobs, for students after completing an online B.Com. An accountant is a financial professional responsible for Managing, Recording, and Analyzing Financial Transactions for Organisation. From managing tasks such as bookkeeping, budgeting, and financial reporting, to providing critical insights into financial performance and helping in strategic decision-making, they conduct audits to verify the accuracy and adherence to accounting standards. The average annual salary of an accountant is INR 4,00,000 15,00,000 per year.

  1. Tax Consultant 

There is a growing demand for a professional tax consultant, as every firm requires expert advice to guide them about complex tax regulations. Tax consultants offer specialized guidance to businesses and organisations, helping them enhance their tax liabilities, ensure compliance, and manage financial strategies effectively. They prepare and file tax returns, offer strategies for tax planning and savings, and represent clients during tax audits or disputes. The average salary of a tax consultant is INR 3,40,000  to 11,00,000 per year.

  1. Company Secretary 

A Company Secretary role is crucial in maintaining the smooth functioning and legal integrity of an organization. He is the one who is responsible for the company's adherence to statutory requirements, maintaining legal records, organising board meetings, and ensuring compliance with company laws, and regulations. The company secretary handles documentation related to company registration, shareholder communication, and regulatory filings. They also provide advice on legal and governance matters and help in enforcing corporate policies and procedures. The average annual salary of a company secretary is INR 2,90,000 to 9,00,000 per year. 

  1. Marketing Manager 

A marketing manager is responsible for developing and executing strategies to promote a company’s products or services and push sales growth. They work on brand promotion, advertising, and promotional activities, and also analyze the campaign performance plan further campaigns based on the data and feedback, and also coordinate with other departments, manage budgets, and ensure that the marketing aligns with the company’s overall goals and objectives. The average annual salary of a marketing manager is INR 2,40,000 to 12,00,000 per year. 

  1. Financial Risk Manager 

The Financial Risk Manager's role is to analyze marketing trends, financial data, and economic conditions to forecast potential risks such as credit, market, or operational risks. They are the specialized professionals who identify, assess, and mitigate potential financial risks that can impact the profitability and stability of a company. They make informed decisions so that they can protect the company from losses and support its long-term growth objectives. The average annual salary of a financial risk manager is INR 3,90,000 to 12,00,000 per year. 

  1. Investment Banker

An Investment Banker is a financial experts who raise capital and helps companies and the government achieve their financial goals by providing them advisory services on unions and assets, restructuring, and other financial transactions. They have a deep understanding of financial markets that help companies to grow and develop economically. The average annual salary of an investment banker is INR 8,00,000* to 18,00,000 per year. 

  1. Digital Marketing Manager 

A Digital Marketing Manager is the most demanding profession in this digital era. Their role is to analyze data to optimise campaign performance, manage budgets, stay up-to-date with the latest digital trends and technologies and also manage various digital channels, including social media, emails, search engines, and websites, to create and execute campaigns that reach target audiences. The average annual salary of a digital marketing manager is INR 3,00,000 to INR 8,00,000 per year. 

Conclusion 

An online B.Com degree offers a strong foundation in business and finance, equipping graduates with the skills needed to succeed in various career paths. Whether you aim to be an Accountant, Tax consultant, Company Secretary, Financial Risk Manager, Investment Banker, or Digital Marketing Manager, the opportunities are vast and growing. With the flexibility and recognition of the accredited online program, you can easily complete your degree from the comfort of your home. As of now, we have already gone through the multiple career options post-Online B.Com so explore and choose according to your interest and future goals.

The highest paying job in India post-Online B.Com course is of a Chartered Accountant  (CA) and Investment Banker, but it can vary according to several factors such as your qualifications, experience, location and the specific company.  

The most common career paths after online B.Com include accounting, finance, banking and marketing.

 

The most common career paths after online B.Com include accounting, finance, banking and marketing.

 

The most common career paths after online B.Com include accounting, finance, banking and marketing.

 

 An individual gains skills in accounting, business management, finance, communication, and digital management, which are highly relevant in today's job market. 

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