B.Com Accounting and Finance Jobs, Scope, Salary in India

Duration: 3 Years
Avg Fees: ₹5K - 70K PA
Roumik Roy
Roumik Roy

Updated on - Jan 10, 2023

The B.Com Accounting and Finance course, is designed to provide extensive training and knowledge to graduates to pursue careers in various roles such as finance manager,accounts Assistant, money Manager,etc. B.Com Accounting and Finance syllabus is comprehensive that trains the candidates through internship, training, projects, etc. for the required profession.

Career Prospects and Job Scope for a B.Com Accounting & Finance Graduate

B.Com Accounting & Finance career options vary broadly. Students will get job opportunities in various fields. B.Com Accounting & Finance scope in India is very high owing to the relevance of the education that the students receive. B.Com Accounting and Finance course has a demanding career for job seekers. Given below are the popular job roles:

  • Personal Finance Consultant
  • Financial Assistant
  • Accounts Assistant
  • Money Manager
  • Senior Accountant

Areas of Recruitment for B.Com Accounting & Finance

B.Com Accounting and Finance job opportunities are diverse in various fields. After completing their graduation students will have specific job roles and vast opportunities to work and experience professional life.

According to their specialization, students will have appropriate plans to execute their careers. Listed below are the areas of recruitment:

  • Financial Analyst
  • Accounting Manager
  • Credit Managers & Specialists
  • Investment Banker
  • Corporate Controllers
  • Finance Officers & Treasurers

B.Com Accounting and Finance Salary

B.Com Accounting and Finance Salary  depends upon the specialization that students choose. There are several other factors that affect the salary of a graduate such as location, industry, roles, experience, etc. Students can increase their salary by doing an internship which will help them to gather experience.

B.Com Accounting and Finance Salary in India

B.Com Accounting and Finance salary in India is around INR 1 -10 LPA(SourcePayscale). Given below is the salary breakdown for the graduates:

B.Com Accounting and Finance Salary

Amount

Highest Salary

INR 12 LPA

Lowest Salary

INR 1 LPA

Average Salary

INR 8 LPA

Source: Glassdoor

The table below contains the list of B.Com Accounting and Finance job profiles and their average salaries per annum:

Designation

Salary

Financial Analyst

INR 5.8 LPA

Accounts Assistant

INR 2.4 LPA

Money Manager

INR 7.6 LPA

Senior Accountant

INR 3.5 LPA

Personal Financial Consultant

INR 9 LPA

Source: Payscale

B.Com Accounting and Finance Salary Abroad

B.Com Accounting and Finance course abroad is a very attractive curriculum for Indian students. Besides, that student will get to access the best infrastructure, amenities, and top faculties while studying abroad. Apart from that students will get lots of job offers with alluring salaries.

Job Profile

Salary

Finance Specialist

USD 54,002

Financial Analyst

USD 71,337

Accounts Assistant

USD 43,317

Account Manager

USD 51,518

Money Manager

USD 89,023

Senior Accountant

USD 74,000

Career Scope of B.Com Accounting and Finance

Students will get lots of Scope of B.Com Accounting and Finance in India. It's very unique in terms of employment across several roles. Students who want to pursue higher education can opt for it right after graduation. The scope for B.Com Accounting and Finance graduates is vast in case they want to study also. 

Courses after B.Com Accounting and Finance

Students can opt for higher education after completing their graduation. There are several options for higher education that students can opt for. Listed below are some of the course names that B.Com Accounting and Finance students can do:

Career Options after B.Com Accounting and Finance

B.Com Accounting and Finance scope in India is remarkable. There are several job opportunities in different domains that candidates can apply for right after graduation. Listed below are the career opportunities available for graduates:

Financial Analyst: In this career, professionals need to track a company's financial performance against a plan, analyze business performance and market conditions to create forecasts, and help senior management make tactical and strategic decisions by providing periodic reports.

Accounts Assistant: In this career professionals need to reconcile financial accounts, maintain spreadsheets, credit control, verify calculations, work with the Accounts system, reconciliation of direct debit mandates, manage petty cash transactions, etc.

Senior Accountant: In this career, professionals need to maintain records of assets, liabilities, profit, and loss, tax liability, or other financial activities within an organization, investigate budget and variance issues, analyze financial data and prepare budget forecasts, and maintain general ledger as needed.

Government Jobs for B.Com Accounting and Finance Graduates

B.Com Accounting and Finance jobs had lots of opportunities in the corporate sector. The job salary varies and depends on experience, location, job positions, industry, seniority, and dedication to the workplace. The average salary for a graduate is around INR 1 -10 LPA (Source Payscale). Given below are the job roles in the government sector:

Top Government Hiring Roles

Salary

Senior Accountant

INR 3.5 LPA

Money Manager

INR 7.6 LPA

Accounts Assistant

INR 2.4 LPA

Source: Payscale

Private Jobs for B.Com Accounting and Finance Graduates

Students can get a large number of job opportunities in the private sector. The average salary for graduates in B.Com Accounting and Finance graduate is around INR 1-10 LPA.(SourcePayscale) Listed below are the job roles and salaries:

Top Private Hiring Companies

Salary

Bain and Company

INR 10 LPA

Genpact

INR 6 LPA

JP Morgan 

INR 10 LPA

Randstad India

INR 6 LPA

Source: Payscale

Job Opportunities Abroad for B.Com Accounting and Finance Graduates

Students will get plenty of job opportunities abroad in the international job market. The job opportunities abroad are high for students who specialize. The course is structured in a way that students will get job offers immediately right after graduation.

Top Companies for B.Com Accounting and Finance Graduates

Given below are the top companies where graduates can work:

  • Morgan Stanley
  • Boston Consulting Group
  • Goldman Sachs
  • Bain & Company
  • JP Morgan Chase & Company
  • McKinsey & Company

Best Countries for B.Com Accounting and Finance Graduates

Given below are the best countries for graduates to work:

  • Canada
  • United Kingdom
  • Germany
  • Australia
  • Singapore

Various Career Designations Abroad for B.Com Accounting and Finance Graduates

Given below are the career designations abroad for the graduates:

  • Financial Consultant
  • Financial Analyst
  • Account Assistant
  • Money Manager
  • Senior Accountant

Famous B.Com Accounting and Finance Graduates

There are many famous personalities who contributed a lot to this field of study. They are leading from the front and students can get to learn a lot of things about them. Listed below are some of the famous graduates in this field:

  • Sanjiv Singh
  • Arijit Basu

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B.Com Accounting and Finance Fee Structure

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