CAREER PROSPECTS:

B.Com Accounts and finance degree offers huge benefits to the students such as strong job  prospects, high earning potential, diverse career paths, valuable skills and knowledge, and  opportunity for advancement. 

Pursuing a degree in accounting or finance can be a wise investment in the professional future.  These fields offer a wide range of career opportunities and high earning potential, making an  attractive choice. 

COST AND MANAGEMENT ACCOUNTANT– B.Com Accounts and finance students  acquire knowledge and make study and collect data to determine the cost of business activity  such as raw material purchases, inventory, labour, etc. They also suggest changes to policies &  procedures to increase organisation’s cash flow. 

CHARTERED ACCOUNTANT– B.Com Accounts and finance graduates can specialize, analyse and provide information/ report on the financial performance of the company for better  business decisions. They can focus on areas including financial reporting, taxation, corporate  finance, business recovery as well as insolvency. 

FORENSIC ACCOUNTANT- Graduates can use a combination of accountancy and detective  skills to investigate financial discrepancies and faults. They will be employed by public  accounting firms, consulting firms (specialising in risk consulting & forensic accounting  services), insurance companies, law enforcement agencies, government organisations, financial  institutions, etc to resolve disputes or assist in fraud investigations.

PUBLIC ACCOUNTANT- B.Com Accounts and finance graduates can work as a Public  accountants who can make financial recommendations, and perform taxes, audits, consultation,  and accounting services for accounting firms, government organisations, individuals, etc. Their  main responsibilities will be maintaining financial records and audits for investors and banks. 

TAX ACCOUNTANT-B.Com Accounts and finance graduates can assist clients to companies  to produce tax return documents that adhere to the laws and regulations. These graduates also use  their knowledge to help create a financial plan for the clients to increase savings and avoid  penalties. They may hold a permanent in-house position with businesses and work for payroll  service providers, accounting firms, government agencies, insurance companies, and financial  firms, or are even self-employed. 

AUDITOR- Graduates can explore careers in auditor or reviewer user, his analytical skills to  review financial statements, Accounting systems, fiscal records, etc to ensure that the companies  have an accurate account of their financial information. They help companies in resolving issues,  if any, and make sure they do not recur in future. 

FINANCE MANAGER– B.Com Accounts and finance graduates can work as a finance  manager manages and can make finances of an organisation to help ensure its continued  viability. Graduates supervise some important functions in the firm such as managing capital and  monitoring cash flow, determining profitability, allocation, and utilisation of financial resources,  managing expenses, etc. 

ACCOUNT MANAGER– Graduates can become Account managers and strategic partners and  advisors to the clients who work together for a mutual benefit. These graduates manage to retain  top customers, and nurture this relationship over time. With their excellent communication and  organisational skills, they act as an interface between a company and the customer. 

FINANCIAL CONTROLLER– A financial controller is essentially a company’s lead  accountant and has an expansive responsibility for the entire accounting process. They are  responsible for providing accurate and timely company records, managing IT, insurance, sales  tax reporting, federal income taxes, etc.

FINANCE DIRECTOR B.Com Accounts and finance graduates may become senior finance  professional who is involved in developing and implementing financial policies and procedures  to optimise and maximise the return of the company’s financial assets. It is the second highest  position in finance after the Chief Financial Officer (CFO) of a firm. 

Average Salary based on Job Position

Job Positions	Average Salary (per annum)
Cost and Management Accountant (CMA)	INR 7.1 LPA
Chartered Accountant (CA)	INR 7 LPA
Forensic Accountant	INR 7.2 LPA
Public Accountant	INR 11 LPA
Tax Accountant	INR 3.6 LPA
Auditor	INR 3 LPA
Finance Manager	INR 13 LPA
Account Manager	INR 6 LPA
Financial Controller	INR 22.5 LPA
Finance Director	INR 43.6 LPA