What are the opportunities for earning a BCom degree from an accredited college or university?
A BCom degree is popular and can guarantee promising career opportunities after graduation. Sooner or later you will need to apply for a master’s degree to face the competition.
Working with top business firms offers more than good income. It’s also an opportunity to learn from a well-established business and to acquire experience to set up a personal business.
Graduates in BCom can impact the world economy and secure jobs from entry-level to leadership positions.
Let’s also remind you that getting the best jobs in commerce requires researching the sectors to find suitable jobs.
The point is there are many job and career opportunities available for B.com graduates and graduating students, who are ready to take on jobs immediately after graduation.
The most important question is the career opportunities available for students in the B.Com field. Whether you are in the last year of your B.Com degree or have completed your degree, we have listed the career and job opportunities for B.Com that will help you make an informed decision and choose the right career path in line with your insight and your interest.
What are the most common career opportunities for BCom students?
Here we describe the most common career paths for B.Com (Bachelor of Commerce) graduates who have left college and highlight the skills required to be a good candidate for this path. The most common BCom career opportunities fall into the following categories:
What are the Bcom finance career opportunities for students?
The financial field is also very popular with B.Com students and offers a wide range of career opportunities. Opportunities are divided into two main categories: financial services firms and corporations.
Most public and private companies have a finance department that includes functions such as reporting, investor relations, business development, treasury, and FP&A,
The financial services companies that offer BCom jobs carry out activities such as investment banking, loans, insurance, trading, wealth management, research, etc.
Getting a job in finance is very competitive, with a ratio of candidates to available positions, often between 10:1 and 100:1.
What are the B.Com marketing career opportunities for students?
Marketing can be an exciting career in B Com job opportunities for students. It is strongly income-oriented and stimulates the growth of a company.
Most companies have a sophisticated strategy and process for marketing their products or services.
The two most common ways to enter the industry are working in a company or an advertising agency. Marketing is less about numbers than accounting or finance but is increasingly driven by data with digital marketing strategies and the advent of Google Analytics.
Marketing is a great, often overlooked way to access finance, accounting, and other sectors. Investment banks and auditing companies emphasise digital communication and stakeholder engagement.
What are the human resources (HR) B Com career opportunities for students?
HR, also known at universities as organizational behaviour and human resources (OBHR), offers a variety of career opportunities in BCom jobs. Even in jobs like finance and accounting, HR can be a great way to get into the industry if you’re more of a human person than a digital person.
The most common areas where people enter the HR field are industrial relations and human resources management. Human resources can be a great way to get a seat at the executive table in almost any industry, and sometimes they are less competitive than finance or accounting.
Jobs for B.Com Graduates in Top Sectors
After completing B.com, there are many job opportunities in the public and private sectors for students in this field. The best job opportunities for BCom graduates are listed below.
- Accounting and Auditing
- Tax Advisory Services
- Financial Services
- Commercial Banking
- International Banking
- Insurance Services
- Telecommunication Services and B PO’s
- Manufacturing Services
- Government Services
What are the best things to do after BCom?
Getting a job after BCom or going straight into the workforce is OK, but there are a lot of other things you can get into, that will be of great addition and leap to your career shortly. Below are a few of those things.
Get work experience at a bank
This option should come at the top of your list. Banks are one of the largest employers in the financial services industry and are happy to hire and offer first-experience career opportunities to students who have just graduated from BCom.
The best bank career options for someone with a B.Com are:
- Investment banking
- Equity research
- Sales and trading
- Commercial banking
- Retail banking
Get work experience at an accounting firm
Working in a large accounting firm is a good start. Large accounting firms hire many college graduates each year, and their training programs can bring you more knowledge, skills, and great work experience.
The best jobs and career opportunities in accounting firms for BCom graduates are:
- Transaction advisory
- Due diligence
- Valuations
Get work experience at a corporation
Operating companies such as Google, Facebook, Tesla, Amazon, Salesforce, etc. Careers in business can be an excellent training place for a Bachelor of Commerce graduate, as they offer a wide range of professional experience.
Job opportunities for BCom graduates may not be forth coming but you can take up roles for a B.Com graduate in such corporations:
- Financial planning & analysis FP&A
- Treasury management
- Investor relations
- Corporate development
Get the FMVA designation
If you don’t get a job right after school (or even if you do) in any of the three options above, you may consider studying for FMVA.
This term focuses primarily on financial modelling and valuation as well as other practical applications.
It can be so difficult that some B Com graduates prefer to focus on full-time study and after completing their bachelor’s degrees take up jobs.
Career paths for the FMVA designation include:
- FP&A Analyst
- Research Analyst
- Investment Banking Analyst
Go back to school for your MBA
I still wonder what I can do after B.com, if that’s you talking after this list of job opportunities for BCom graduates, then I suggest you acquire a Master of Business Administration (MBA), you can differentiate yourself in a crowded job market and gain the respect of your colleagues. Another alternative plan, if you don’t get a job in the first three options then pursue a graduate degree.
Earn an online certification in financial modelling
Given the massive shift in trends from traditional education to online education and dynamic learning solutions, you should seriously consider getting online certification for financial models.
Most elite corporate finance jobs require financial modelling skills, but most B.Com programs do not.
If you want to stand out, online CFI courses can be a great way to master this skill.
The main tasks that financial models require are:
- Private Equity
- Investment Banking
- Equity Research
- Corporate Development
- financial modelling certification
Get an accounting designation (CPA or CA)
We have already listed the accounting firms, but it was for positions that don’t necessarily have to become an accountant (these positions can be filled by finance professionals).
When you’re ready to start in an accounting firm’s auditing group, you can get your CPA or CA name (depending on the country you’re in) and become a full accountant or switch to other business areas.
If you become a CPA, you will receive the gold standard for accounting skills and can significantly improve your employability. Banks, companies, and institutions like to hire specialists for designations in accounting.
Change career paths
B.Com offered you excellent training and access to finance. Now you can complement this with another skill like coding, engineering, or entrepreneurship and move to an area that is best for you.
Making changes after you’ve invested so much time, effort, and money into a Bachelor of Commerce can be difficult, but you should be open-minded.
Use your university alumni network
if our job opportunities for BCom graduates suggestions have not yet answered your question about what you can do after B.Com and other BCom career opportunities for students. Try the Alumni network. One of the greatest advantages of a B.Com program is the alumni network.
The best way to get the most out of your student network is to speak to the Career Center and request presentations from students who work in the same area that interests you..
Offer to do a research project or unpaid internship
If you’re still wondering what your best career path is with all of the above options, you can try offering a research project or a free internship in a company you really want to work for.
This strategy works particularly well for companies (not so well for banks and accounting firms) because they can be more flexible and entrepreneurial.
This “walk in the door” strategy could be all you need to start your career in a company. The main departments of a B.Com to test this are:
- Accounting
- Finance
- Financial planning & analysis
Conclusion
I hope these ideas have given you useful insights about the available career opportunities, and ultimately answered the question “What can I do after B.Com?” If you follow this guide and our many other career and job information, you should be in good shape
