B.Com Honours Scope, Salary, Jobs in India

Duration: 3 Years
Avg Fees: ₹5K - 1 LPA
Roumik Roy
Roumik Roy

Updated on - Jan 4, 2023

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B.Com Hons.course is one of the most pursued course in field of commerce which gives graduates various opportunities to build up their careers in various domains such as accounting, finance, banking, taxation, management, etc. B.Com Hons.syllabus and subjects structure are comprehensive providing candidates with knowledge of business economics, cost accounting, business entreprenurship, auditing, etc.

Career Prospects And Job Scope for B.Com Honours

The B.Com Honours degree has very good career opportunities for the graduates readily after graduation in the private and public sectors of various reputed organizations in India and abroad. Since there is a high scope for jobs such as accounting work, financial advice, financial research, and financial analysis, the demand for graduates in India and abroad is good in numbers. Listed below are some of the popular jobs after B.Com Honours that is undertaken by graduates:

  • Investment Banker
  • Development Executive
  • Tax Consultant
  • Business Analyst
  • Accounts Executive
  • Finance Manager
  • Operations Manager
  • Business Development Manager

Areas of Recruitment For B.Com Honours

B.Com Honours graduates are in demand for every area of recruitment, such as in banking, management, accounting, finance, research and much more. Most private and public sectors of various reputed organizations working in India and abroad prefer B.Com Honours graduates for their work. Jobs for B.Com Honours graduates are in diverse fields with a very good salary package. Some areas of recruitment for the course are:

  • Accounting
  • Finance
  • Management
  • Research
  • Development

Salary Packages for B.Com Honours Graduates

B.Com Honours jobs in India in public and private sectors of various reputed organizations are around INR 3 LPA - 10 LPA. Therefore, the scope after the course of B.Com Honours to get a good job with a decent salary package is quite high. 

B.Com Honours Salary

Amount

Highest Salary INR 10 LPA
Average Salary INR 4.5 LPA
Lowest Salary INR 3 LPA

Source: Payscale

Some of the very best jobs for the graduates in India after the course of B.Com Honours with a decent salary package are as follows:

Designation

Salary

Accountant INR 3 LPA
Operations Manager INR 6.5 LPA
Accounts Executive INR 3 LPA
Finance Manager INR 9 LPA

Source: Payscale

B.Com Honours Salary Abroad

B.Com Honours  is one of the most popular courses in the world, making it an attractive prospect for Indian students to pursue abroad. Students will have access to the best infrastructure, amenities, academic curriculums and faculties while pursuing a B.Com Honours.

The table below contains the list of B.Com Honours salaries abroad for various commerce designations:

Job Profile Average Salary
Accounting Manager USD 72,000
Accountant USD 54,000
Business Consultant USD 72,000
Auditor USD 48,000
Finance Officer USD 68,000

Source: PayScale

Career Scope of B.Com Honours

B.Com Honours is one of the most diverse courses in terms of, not just employment opportunities across various domains, but also the scope of higher education for graduates. 

B.Com Honours course helps graduate to find relevant jobs in their domain or find the appropriate course for further education. The scope of a B.Com Honours is quite vast whether a graduate chooses to work or study further.

Courses After B.Com Honours Honours

Upon completion of the course, B.Com Honours graduates study further if they choose to enhance their career profiles. There are many courses that a graduate can take up after completing B.Com Honours.The list below contains the names of courses that B.Com Honors can pursue after completing the course:

  • M.Com
  • MBA
  • PhD
  • MPhil
  • Certified Public Accounting (CPA)

Career Options After B.Com Honours

There are a number of employment domains that B.Com Honors graduates can join immediately after graduation. B.Com Honours is one of the most diverse courses in terms of employment opportunities for graduates. The list of career opportunities available to B.Com Honours graduates is as follows:

  • Accountant: Accountants are experts who organise, examine, and preserve tax and financial records.Also, reviewing financial documents to resolve any discrepancies and irregularities
  • Finance Manager: Finance managers are professionals in business who oversee key financial operations for an organisation. They generate financial reports, oversee investment activities, and develop plans and strategies for an organization's long-term financial objectives.
  • Auditor: To verify that a company's financial records are accurate and compliant with generally accepted accounting principles, auditors examine the accounting records, operational data, and financial records of the company.
  • Financial Analyst: Tracking a company's financial performance in relation to a plan, forecasting business performance and market circumstances, and assisting senior management with tactical and strategic decisions are all responsibilities of financial analysts.

Government Jobs For B.Com Honours Aspirants

B.Com Honours graduates have high job value and respect in almost every organization in the government sector in India. The B.Com Honours job scope in India, in the government sector for the graduates, is in a wide range and is highly rewarding for them.

After B.Com Honours, the salary offered to the graduates in the government sector is also good in numbers. Some of the very best government jobs after B.Com Honours jobs are as follows:

Job Profiles

Salary

RBI Grade officer INR 6.5 LPA
Clerk INR 3 LPA
Accounts Executive INR 5 LPA

Source: Naukri

Private Jobs for B.Com Honours Aspirants

As the jobs in the government sector, B.Com Honours job opportunities for the private sector are also plenty in numbers and are opened in various reputed private sectors of the organizations. Some of the organization in India in the private sector which hires B.Com Honours graduates are:

Job Profiles

Salary

Accountant INR 3 LPA
Accounts Professor INR 5 LPA
E-Commerce Manager INR 4 LPA
Financial Analyst INR 5.5 LPA

Source: Glassdoor

Job Opportunities Abroad For B.Com Honours

After studying B.Com Honours in India and abroad, job opportunities are wide and good numbers for the graduates to choose from. Some of the very best B.Com Honours salary packages with better job opportunities are as follows:

  • Accountant
  • Finance Manager
  • Financial Risk Manager
  • Accounts Executive
  • Business Analyst

Top Companies for B.Com Honours Graduates

Check the list below for the top international companies that hire B.Com Honours students:

  • Genpact
  • Accenture
  • E&Y
  • JP Morgan
  • Deloitte
  • American Express

Best Countries for B.Com Honours Graduates

Below is the list of some of the best countries in the world which offer job opportunities to B.Com Honours Graduates: 

  • Canada
  • UK
  • USA
  • Australia
  • New Zealand

Various Career Designations Abroad for B.Com Honours Students

There is a good scope and career improvement for the course of B.Com Honours immediately after completing the degree, along with a decent annual salary package for the graduates. Some of the very best jobs offered to the graduates of B.Com Honours to work abroad are:

  • Accountant
  • Accounts Executive
  • Accounts Assistant
  • Finance Executive
  • Tax Consultant

Famous B.Com Honors Graduates

There are many graduates in the field who have become famous for their contributions. Some of such famous personalities are listed below:

  • Rajat Sharma
  • Deepak Parekh
  • Kumar Mangalam Birla

 

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