Commerce graduates (B.Com) can explore a variety of career opportunities both in the public and private sectors. Soon after you earn a B.Com degree you can seek job in various industries, or pursue higher studies for an advanced career. You have a plethora of professional and advanced career options if you are not confined to accounts and finance careers, such as law, hotel management, marketing, and administration, and so on. Many face the career choice dilemma, “what to do after B.com”, and there are many stock answers, viz, ‘M.Com’, ‘CA’, ‘ICWA’, ‘CS’, ‘ACA’ and so on.  This article will update you on the scope, employment opportunities and possible salary after B.Com degree.

Overview of Salary after B.Com Degree

As a B.Com fresher from one of the several reputed colleges and universities in India,  you’ll be getting a minimum salary in the range of rupees 14,000-20,000 per month. Commerce graduates from most sought after colleges get an entry level offer of Rs.25,000 to 45,000 per month for most entry-level positions in private organizations. You can, of course expect a better remuneration if you find employment in a large organization or corporate establishment. A bank PO job will also fetch you a high enough salary.

B.Com Graduate Salary by Job

Job Title Average Annual Salary Range
Accountant Rs.180,000 – 400,000
Tax Consultant Rs.260,000 – 465,000
Bank PO Rs.432,000 – 520,000
Account Executive Rs.144,000 – 300,000
BPO Team Leader Rs.240,000 – 360,000
Export/Import Executive Rs.200,000 – 450,000
Insurance Advisor Rs.220,000 – 360,000
Loan Advisor Rs.144,000 – 576,000
Event Management Rs.168,000 – 540,000
Travel & Tourism Rs.180,000 – 650,000
Commodity Trader Rs.280,000 – 720,000
Actuary Rs.264,000-480,000
Book Keepers Rs.168,000 – 280,000

B.Com Employee Salary by Years of Experience

Years of Employment (Annual) Salary Range
0-1 year Rs.120,000 – 240,000
1-4 years Rs.150,000 – 600,000
5-9 years Rs.360,000 – 840 – 000
10-19 years Rs.480,000 – 960,000
20 years and more Rs.510,000 – 2,200,000

B.Com Employee Salary by City

City Salary Range (B.Com with 1-4 years Exp) City Salary Range (B.Com with 1-4 years Exp)
Bangalore, Karnataka Rs.220,000 – 468,000 Lucknow, Uttar Pradesh Rs.168,000 – 324,000
New Delhi, Delhi Rs.240,000 – 480,000 Cochin, Kerala Rs.162,000 – 296,000
Chennai, Tamilnadu Rs.200,000 – 360,000 Ahmedabad, Gujarat Rs.240,000 – 320,000
Mumbai, Maharashtra Rs.216,000 – 432,000 Bhubaneswar, Orissa Rs.162,000 – 246,000
Pune, Maharashtra Rs.180,000 – 300,000 Patna, Bihar Rs.144,000 – 280,000
Hyderabad, Telangana Rs.172,000 – 280,000 Gurgaon, Haryana Rs.240,000 – 480,000
Kolkata, West Bengal Rs.144,000 – 272,000 Noida, Uttar Pradesh Rs.228,000 – 462,000
Chandigarh, Punjab Rs.172,000 – 280,000 Bhopal, Madhya Pradesh Rs.190,000 – 288,000

B.Com Employee Salary by Industry

Industry Average Salary
Information Technology INR 6.5 lakh
Financial Services INR 4.35 lakh
BPO INR 3.91 lakh
Manufacturing INR 4.64 lakh
Telecommunications INR 7.2 lakh
Banking INR 5 lakh
Auditing and Tax Services INR 5.97 lakh
Consulting INR 5.87 lakh

Scope of B.Com Degree

B.Com degree is a high value qualifications among all non-professional bachelors degree programmes. With a bachelor’s degree in commerce, you’re eligible to apply for a job position in a large number organizations, both in governmental and industrial. It is indeed a business oriented degree, so industrial organizations prefer to appoint a B.Com graduate in many positions like marketing, sales, commercial, purchase, stores and finance & accounts.

B.Com degree courses available in many Indian Universities. Some Universities offer only normal B.Com programme, some other Universities offer both B.Com Honours and B.com degree programme Some of the most popular universities for B.Com degree are listed below:

  • Delhi University
  • Bombay University
  • Savitribai Phule (Pune University)
  • University of Calcutta
  • University of Madras
  • Calicut University
  • Bangalore University

 

Higher Studies after Commerce Graduation

You can pursue a good number of postgraduate programs after B.Com. Below listed are most popular degree programmes for B.Com graduates:

B.Com graduates can also opt for Civil Service examinations. By getting through All India Services they can get prestigious positions:

  • IAS Officer
  • IPS Officer
  • IFS Officer
  • IRS Officer

In short, career options with respectable salaries that you can access after completing B.Com are nearly endless. Not only in India, B.Com degree can bring highly rewarding job opportunities in countries like:-

  • Dubai
  • Saudi Arabia
  • Canada
  • Kuwait
  • UK
  • Australia
  • New Zealand

Read More: (CA Salary in India)

Private Sector Employment Areas after B.Com

A graduate in commerce will be able to land a job with a good salary along with various perks and benefits in the following employment areas:-

You’ll be starting your career as an accounts manager, sales officer (accounts), company law assistant, assistant manager, accounts consultant, financial manager. If you cleared your B.Com exams with high marks (at least 55%), you’ll be able to apply to companies like Accenture, IBM, TCS, WIPRO, DELL, HP, Convergys, and so on that are constantly in need of commerce graduates for their accounting processes. These companies offer lucrative salaries as well.

Public Sector Employment Areas after B.Com

If you’re looking for a secured job after getting a B.Com degree, you should be submitting applications for various examinations conducted by UPSC, SSC, Railways, and Defence (Army, Navy and Air Force). You can find a job as an accounts clerk, accounts assistant, tax assistant, excise officer, assistant collector, district treasury officer, and assistant registrar. Additionally, you can submit applications for different banking positions. It does not need to be explicitly mentioned that central government and public sector jobs that applicants with B.Com degrees usually apply to have attractive salaries and perks.

Commerce Graduate Starting Salaries for Different Positions

Over the years, not only have job opportunities for commerce graduates increased but salaries for traditional job positions have also gone up. As a B.Com graduate, you can now look at career opportunities in the sectors of IT and ITES, BPO, and KPO apart from the conventional openings in public and private organizations. Payout for different positions in the above mentioned sectors are excellent. As a B.Com fresher, you can look forward to earning 14,000-20,000 INR every month in the beginning in most organizations. Depending upon your employer, your salary will rise as you gather experience. If you’re successful in getting a PO (probationary officer) job in a public-sector bank, you’ll be earning in the range of 36,000-60,000 monthly. Private sector banks offer 25,000-45,000 for the same position.

The salary for a clerical post in a bank is between 15,000-18,000 INR. You can also find a job as a junior accountant, accounts assistant or a tax assistant in private or government organizations. Salary for the same job position might vary from organization to organization. Furthermore, the salary you’ll ultimately draw will also depend upon the city you stay, the industry you’re engaged in, the skills you’ve acquired and so on.