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List of top 10 Career options after a degree in Commerce (B.Com, M.Com)


Even though a lot of students in India study commerce at high school, graduation and post graduation level, there is very little awareness about the career options one can choose after completing a degree in Commerce, be it Bachelors of Commerce of Masters of Commerce.

There are a lot of lucrative career options which require expertise of a commerce graduate/post graduate. In this post, I have shared a list of the best career options which can be opted to have a settled career after completing a degree in commerce.

Career Options after B.com

The Bachelor of Commerce is considered an undergraduate degree in the stream of commerce. Once graduated, with a B.com degree gives you an ample number of opportunities to choose.

The few Job opportunities that one can undergo after the completion of their graduation are:

  1. 1. Accountant

Being an Accountant is the most considerable job for any B.com graduate. Accounts remains the main subject of study in high-school (commerce) and B.Com. However, there lies the competition which every B.com graduate, aspiring to become an accountant, has to suffer. The Accountants have the responsibility to perform financial calculations for a company.

The few responsibilities that are performed by the accountant include:

  • Help file taxes for the company
  • Manage accounts of a company
  • Keeping balance sheets
  • Carrying out Internal Audits
  • Managing budgets

The average pay for Accountants is ₹2,36,700 per annum

2. Tax Consultants

Tax consultants are those who have an in-depth knowledge of tax laws, tax return preparation etc.

Some of the duties that are performed by the tax consultants are:

  • Collecting, organizing tax returns and tax documents.
  • Representing clients in the dealings with the IRS.

Tax Consultants can expect an average salary ₹4,10,000 Per annum

3. Budget Analyst

Budget Analysts identify the financial needs of the company, create budget strategies. They have the responsibility to monitor all the activities of the business to ensure they are within the budget.

The other few responsibilities of the  Budget Analysts include:

  • Formulate Business Plans
  • Providing Financial advice.
  • Designing effective budget models.
  • Inform the other departments of the status and availability of funds

The average pay for Budget Analysts is ₹1,45,000 per annum.

4. Auditor

Auditors specialise in reviewing the accounts of the companies. They have the responsibility to check the legality and accuracy of the financial records of the company.

The other few responsibilities include:

  • Preparing reports and advising on the changes to be made
  • Identifying threats or financial risks within the organisation.
  • Monitoring all the accounts and financial records.

The average pay for the Auditors is ₹3,55,000 per annum

5. Loan Officer

Loan Officers have the responsibility to develop loan applications by evaluating applicant’s information and documents.

Their few responsibilities include:

  • Improving loan applications
  • Rejecting loan applications
  • Maintains customer’s confidence by keeping loan information confidential.

The Loan Officers can expect an average salary of ₹1,80,000 per annum.

6. Stock Broker

The primary functions of Stockbrokers are buying and selling of stocks. They act as an intermediary for their clients. They buy and sells stocks for individuals who have signed up with them as clients. They process the transaction on behalf of their clients. They advise their clients for successful investment into the stock market.

The basic skills needed to be a successful stockbroker are:

  • Excellent communication and interpersonal skills for persuading clients for their service.
  • They need to be a quick decision maker.
  • Effectively maintain the relationships with clients
  • Monitor the ongoing changes in the stock market and informing the clients for the same.

The average salary of stockbrokers is ₹3,20,000 per annum.

7. Bank Officer

Bank officers conduct daily bank operations and maintain a relationship with the customers to ensure customer satisfaction, also pass on the loan applications received for further review. They assist with the bank managers, prepares audits, assist with the training duties. They open different accounts for the clients, pay and receive money transfers on their behalf. They also deal with the documentation of foreign transfers.

The basic skills needed to become a Bank Officer are:

  • A good team player also should be able to achieve the targets on time.
  • They should have strong communication skills due to their daily interaction with customers.
  • Should have the basic knowledge of the office software and also be able to keep detailed records of the financial transactions.

The average salary of Bank Officers is ₹3,87,300 per annum.

9. Finance Managers

Finance Managers look after the departmental budgets. Their department keeps track of all transactions and makes sure they don’t exceed the established budget. They conduct performance evaluations and provide feedback to the staff.

Being a team player, along with excellent oral and written communication are the basic skills Finance Managers are needed to possess.

Finance Manager’s tasks include:

  • Compare the performance with the budget and previous year data.
  • Perform cost-reduction techniques.
  • Provide analysis to various departments and their operation team.

The average pay for Finance Managers is ₹9,61,700 per annum

10. Account Executive

Account Executives play many roles which include achieve sales targets, identify prospective clients or discover those potential clients. They also need to work with the customer service team to ensure client satisfaction.

Few of their roles include:

  • Selling the products of their organisation.
  • Gain knowledge for the technical aspects of the product.
  • Maintaining contact with the customers
  • Handle entire in-sales process.

The average pay for Account Executives is ₹2,43,700 per annum.

Career Options after M.Com

After completing M.com, the candidates have numerous job opportunities, few of them are listed below:

  1. 1. Senior Accountant

Senior Accountants play the role of a leader and manage the entire accounts team. Organising the financial records of the company with the help of their team members is their primary function. They are responsible for the accuracy of the financial records. All the members of the team have to report directly to the Senior Accountant. Since they are the head of their department, they are answerable to the General Manager or the Vice President of the company. They are responsible for the accuracy of the financial records.

Few of their responsibilities include:

  • Analysing the financial data prepared by the accounts team and prepare financial reports.
  • Maintaining the ledger, the records of liabilities, assets, profit or loss etc as needed

The average pay for Senior Accountants is ₹3,58,000 per annum.

2. Financial Controller

Financial Controllers head all the departments of finance. Those departments include the accounts department, the budget department, the audit department etc. They have the responsibility to prepare reports that shows the financial position of the company. Any document that is needed to pass through the federal or state regulatory agencies is submitted by the financial controller.

Few other responsibilities include:

  • Prepare and present upcoming threats or risks to the senior management.
  • Ensure all policies or standards are followed accordingly during the preparation of the financial records.

The average pay of Financial controllers is ₹18,72,000 per annum.

3. Senior Investment Analyst

Senior Investment Analysts have a role of regularly analyzing data and supporting the staff for making smart investments. They provide stockbrokers and stock traders with financial information and recommendation derived from the global investment data. They also review the in-depth analysis of the portfolio performances and suggest changes that are needed to be made to the senior management. Their responsibilities include assessment of the new potential investments and track them accordingly.

The average pay for Senior Investment Analysts is ₹4,61,900 per annum.

4. Business Consultant

Business Consultants have the job to basically organise the company and help it run more efficiently. A business analyst is a job that requires attention to detail and an innovative mind to fix problems.

Few of their responsibilities are:

  • Modify programmes, develop and update new goals.
  • Maintain relationships with external vendors and clients.
  • Coordinate with the partners for new opportunities.

The average pay for Business consultants is ₹9,38,900 per annum.

6. Lecturer/ Professor

Lecturers or Professors deliver lectures, seminars, analyse different teaching methods, construct assessments or exams for the students. They basically impart education in their relative subjects. To be qualified to become a Lecturer or Profesor in their respective field, they have to clear an exam namely UGC NET/JRF to practice teaching.

Skills that are helpful for Lecturers in this line of work include the ability to generate enthusiasm about their subject, expertise in their subject area, excellent oral and written communication skills, and the ability to work with many types of people.

7. Senior Account Executive

Senior Account is basically responsible for sales and marketing projects. They are required to achieve the sales target and acquiring new clients. They often travel to meet new or old clients.

Few of the duties include:

  • Contact customers to develop new business opportunities.
  • Research about the trends of the industry.
  • Collaborate with accounts team to ensure customer satisfaction.

A Senior Account Executive is paid with an average Salary of ₹3,72,000 per annum.

8. Senior Human Resource Manager

Senior Human Resource Managers have the responsibility to develop initiatives and policies, also develop strategies for all hiring staffs. They need to guide the junior members about all the policies and keep a check on them. They have the responsibility to manage relationships between employers and clients. With any disturbing behaviour of the employee, the employer reports to the HR for the same, and it is the HR who decides upon the action taken against it.

The average pay for Senior Human Resource Managers is ₹10,48,500 per annum.

9. Chief Financial Officer

The Chief Financial Officers overlook all the financial operations of the company and provide leadership to the finance and accounts departments, to ensure that all policies and rules are followed efficiently. They may overlook all other departments as well, as the budget preparation is for every department running in the company.

Few of the responsibilities include:

  • Develop internal policies to be followed by all the employees.
  • Prepare financial statements, reports, annual budgets.

The average pay for Chief Financial Officers is ₹34,05,300 per annum.

10. Risk Analyst

Risk Analysts primarily work for banks and insurance companies. Their basic function is to identify threats and take measures to remove them or deal with them efficiently without any loss.

Their responsibilities include:

  • Analyse data to calculate risks.
  • Create reports and summaries to be presented with the senior management.

The average pay for Risk Analysts is ₹4,94,500 per annum.



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