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Top 5 Online B.Com Specializations in Demand 2024
Aug 27, 2024
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Top 5 Online B.Com Specializations in Demand 2024

The Online Bachelor of Commerce (B.Com) degree is a popular choice among students and as we step into 2024, Online B.Com programs are becoming more flexible and accessible, allowing students to complete their Bachelor's degree at their own pace without compromising other commitments but, In today’s rapidly evolving business environment, a normal B.Com degree may not be enough to get a successful career. Specialization in a particular area of commerce can help you enhance your skills and also increase your chances of getting your preferred job. With the advancement in online education, students now have the flexibility to choose from a variety of specializations that can help them achieve their goals, all from the comfort of their homes. Further in this blog, we will explore the top 5 online B.Com specializations that have emerged as particularly sought-after, catering to the demands of modern industries in 2024.

What is an Online B.Com?

The Online Bachelor of Commerce (B.Com) is a 3-year undergraduate program, the program focuses on various aspects of business and finance. The core areas of study typically include accounting, finance, business management, economics, business law, and marketing. Its main aim is to prepare students for various roles in the commercial sector and get a successful career in the field of Commerce. Online B.Com is delivered through online mode, allowing students to complete their studies remotely. It offers students flexibility, accessibility and quality education, enabling them to balance their education with other commitments. 

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 

  • Executive Assistance
  • Economic Researcher
  • Auditor
  • Risk analyst
  • Financial Analyst, etc.

Top Universities 

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

Top 5 B.Com Program Specialization 

1. Online B.Com in Account & Finance 

The specialization of Account & Finance in B.Com is the top-rated specialization in this course domain. It focuses on the principles of accounting, financial management, and auditing. It's an ideal choice for students who want to build a career in accounting, finance, banking, and investment and it offers strong career prospects in both the corporate and public sectors. 

Features

Detail

Course Duration

3 years

Average fees

INR1,00,000 to INR 3,00,000

Mode of learning

Online 

Career Scope 

  • Charted Accountant
  • Financial Analyst
  • Auditor
  • Tax Consultant
  • Investment Banker
  • Risk Analyst
  • Cashier/ Teller

Average Salary Package 

INR 3 LPA - INR 6.5 LPA

Top Hiring Firms

  • Google
  • IBM
  • Reliance Industries
  • Tata Power
  • HDFC
  • Microsoft
  • Amazon 
  • Jindal Steel

2. B.Com in E-commerce

This specialization spins around the financial factors including the management of cash flow& financial risk management. It covers the fields of online business models, digital marketing, supply chain management, and customer relations. As the online business market continues to grow, companies want professionals who understand the complexities of e-commerce and digital business strategies. The specialization prepares the students for the fast-paced world of retail and digital entrepreneurship.  

Features

Detail

Course Duration

3 years

Average fees

INR 50,000 to INR 2,00,000

Mode of learning

Online 

Career Scope 

  • Economist
  • Accountant
  • Economic Researcher
  • Financial Risk Manager 
  • Auditor
  • Investment Advisor
  • Financial Risk Analyst
  • Lead Modeller

Average Salary Package 

INR 2 LPA - INR 5 LPA

Top Hiring Firms

  • Google
  • IBM
  • Wipro
  • HCL
  • HDFC
  • Amazon
  • Microsoft
  • TCS, etc.

3. Online B.Com in Banking & Insurance

This specialization helps you learn different aspects of the banking & insurance field. It equips you with a deep knowledge of banking operations, insurance products, risk management, and financial services. It's highly beneficial for students who want to pursue careers in banking, insurance, and financial organizations and helps them learn skills that will help them excel in these dynamic fields. 

Features

Detail

Course Duration

3 years

Average fees

INR 50,000 to INR 3,00,000

Mode of learning

Online 

Career Scope 

  • Accountant
  • Insurance manager
  • Loan counsellor
  • Cashier
  • Financial Advisor
  • Market agent
  • Sales Representative

Average Salary Package 

INR 3 LPA - INR 6 LPA

Top Hiring Firms

  • Infosys
  • TCS
  • Wipro
  • HCL
  • Dell
  • CTS
  • Standard Bank
  • HDFC, etc.

4. Online B.Com in International Business

The Online B.Com International business focuses on International trade, global markets, export-import policies, and cross-border transactions. It's an ideal specialization for those students who want to work with multinational companies and global trade. The expertise that you gain from this program elevates your business knowledge and helps you get your preferred job in an international company or international trade.

Features

Detail

Course Duration

3 years

Average fees

INR 40,000 to INR 2,00,000

Mode of learning

Online 

Career Scope 

  • Corporate/ Government Relations officers
  • Business Analyst
  • Accountant
  • Financial Dealer and broker
  • Policy Advisor
  • International Business Consultant, etc

Average Salary Package 

INR 2 LPA - INR5.6 LPA

Top Hiring Firms

  • TCS
  • Wipro
  • HCL
  • Dell
  • Snapdeal
  • Amazon
  • Google
  • Deloitte, etc.

               

5. Online B.Com in Data Analyst 

The specialization companies commerce with data analysis skills. This program is designed to equip students with knowledge in business operations, finance, and accounting. Students also learn how to analyze data, use statistics to understand information, and work with tools like Excel, and Python. This specialization is perfect for those students who are looking to pursue a career in the technical field. 

Features

Detail

Course Duration

3 years

Average fees

INR 70,000 to INR 4,00,000

Mode of learning

Online 

Career Scope 

  • Data analyst
  • Business Intelligence Analyst
  • Financial analyst
  • Market research analyst
  • Operation Analyst
  • Data Consultant
  • Risk Analyst
  • Analyst consultant, etc

Average Salary Package 

INR 4 LPA - INR 7 LPA

Top Hiring Firms

  • TCS
  • Infosys
  • Wipro
  • Deloitte
  • KPMG
  • Accenture
  • Ernst & Young
  • IBM
  • HCL Technologies, etc.

How to choose the Right Online B.Com Specialization? 

There are some important factors you need to keep in mind before enrolling into an online B.Com specialization as it can significantly impact your career path. Here is a list of the notable factors for choosing the right Specialization.

  • Know Your Interests - Assess your interests, and figure out which area of the field you are passionate about and what are your strengths. Your interest will be the main factor in making your learning journey meaningful and help you go ahead in your career whether in a Job or postgraduation 
  • Analysis Market Demand - Look into the current job market trends to understand which specialization professionals are in demand. Always opt for a field that offers strong job opportunities. 
  • Assess Career Goals - Think about your long-term career objectives. If you have a goal then you should opt for the specialization that aligns with your career goal and give you the required skills.
  • Consider long-term possibilities - Always opt for a specialization that equips you with the skills and knowledge necessary for long-term growth and ensures stability. 

Top Universities Offering Online B.Com in India 

Here is the list of the top Universities approved by UGC-DEB and offer Online B.Com programs.

  • Amity University
  • Lovely Professional University 
  • IGNOU
  • Manipal University
  • Chandigarh University
  • Jain University 
  • Christ University
  • Suresh Gyan Vihar University 
  • Dr.B.R. Ambedkar University

Conclusion 

Undergrdaution is one of the most crucial decisions in a student's educational journey as it often decides your career path, and Choosing the right specialization that fulfils your interest-based and professional desires in the long term is equally important. In 2024, the job market is becoming increasingly specialized, making it essential to select the right Online B.com specialization that can set your career. Asses your interest and career goals, then through online B.Com complete your specialization degree from the comfort of your home, gaining skills needed to thrive in today’s competitive business environment. 

The salary Package for different B.Com specializations can vary depending on factors like location, Industry Demand, and Individual qualification, but generally Online B.com in Account & Finance. 

The most preferred Online B.Com specialization in 2024 according to the current Industry trends and job market demand is Online B.Com in Account & Finance

 Generally, there is no entrance exam required to enroll in an Online B.Com specialization, although a few universities do conduct entrance exams for admission.

 

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