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WHAT ARE THE ADVANTAGES OF A ONLINE B.COM DEGREE?

  • Oct 10, 2021
  • Com 09
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Online Bachelor of Commerce (B.Com) Program is a three-year degree program designed to provide in-depth information and a wide understanding of Accounting and Financial Management. If one is not limited to accounting and finance occupations, one has a wealth of professional and advanced career alternatives, such as law, hotel management, marketing, administration, and so on.

B.Com begins Commerce students have numerous career alternatives, and if you play to your strengths, you will always have intriguing profiles to work at. While many B.Com graduates select the tried and established path of CA, CS, and other related fields of study, depending on the path and degree one picks, one has sufficient potential to choose an out-of-the-box career option, such as one in travel and hospitality. There is also a long list of benefits to the course that will entice students to enrol.

BENEFITS OF A B.COM DEGREE

1. Numerous Career Options

There are numerous courses available for B-Com students, including M-Com, MBA, CA (Chartered Accountant), CS (Company Secretary), MCA, and various diploma programs, among others. Following the completion of a Bachelor of Commerce, an individual may continue further studies as an M-Com (Masters of Commerce) or MBA (Masters of Business Administration), both of which are postgraduate programs focused on disciplines such as Commerce, Accounting, Economics, and Management. Not only does this Bachelor program prepare students for the CA (Chartered Accountant), CS (Company Secretary), and ICWA (Cost and Work Accountant) exams, but it also prepares students for an advanced career in this sector. So, after passing 10+2, it is up to you to choose a specific subject.

2. More opportunities for promotion

Earning a graduate degree (B-Com) demonstrates patience, determination, intellectual power, and the capacity to deal with difficult situations, all of which are desirable traits for managers and directors.

Employees who have exhibited success in a long-term scenario that needs stamina, discipline, leadership, and the ability to work well with others will be considered for advancement within their business.

3. Broad Job Description

After completing the course, B.Com graduates can pick from a variety of employment profiles such as Accountant, Auditor, Consultant, Company Secretary, Business Analyst, Finance Officer, Sales Analyst, Junior Analyst, Tax Accountant, Stock Broker, Economist, Business Development Trainee, and so on. Furthermore, the pay scale for all of the aforementioned profiles is on the upper side, allowing you to earn substantially.

4. Numerous Job Opportunities

After completing their B.Com, students have a wide range of options in which to explore their inner abilities. Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, Marketing, Working Capital Management, Treasury and Forex Department, Investment Banking, and many other opportunities await commerce graduates.

5. Increased job opportunities

A master's degree is replacing a bachelor's degree as the minimal need for employment in numerous occupational categories, including higher education, administration, public affairs, and social services.

Previously, an entry-level post as an admissions counselor, academic adviser, or student services coordinator might be obtained with a bachelor's degree such as B.Com. While a graduate degree does not ensure ultimate success, it can open many more doors for employment.

6. Attractive Salary

Different commerce graduates get a good compensation package due to the large job profiles and many career sectors to investigate, where the salary of the candidates varies from department to department. Candidates with a few years of experience may be rewarded handsomely.

Salaries are determined by the nature of the organisation and the sort of employment chosen by the student. A fresh hire, on the other hand, might expect to earn between Rs. 10,000 and Rs. 25,000 each month. A CA's annual compensation in the corporation is between 5 and 10 lakh rupees.

Conclusion

These are the overview of the courses you can take after earning your Online B.Com, for which you'll need to be aware of your preferences in terms of certain disciplines. Choose a CA, CPA, or ACCA degree if accounting is your area of interest. Alternatively, if you think finance is your thing, consider enrolling in an MBA in Finance program at a reputable university. Reflect on your life. Have some free time on hand so that you have time to consider all of your possibilities.

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