Career Counseling About Bachelor of Commerce (B.Com)
B.COM or Bachelor of Commerce is one of the most favorite undergraduate program among students. Basically it is related with Accounts and commerce. BCom degree holders are hired for managing the accounts and ledgers of a business. They keep a close eye on financial condition of the company/firm and strive to keep it stable. During B.COM a student is taught about all global principles of managing accounts and bookkeeping. No business can progress without keeping the proper record of its all transactions that’s why B.Com degree holders can get job in any field/business. Specially banks and other similar financial organs prefer BCom degree holders on simple graduates for entry level jobs.
B.Com Subjects, Eligibility, Career & Scope, Further Study Options
Students are given sound understanding of financial theories and techniques to solve various business problems in best manner. Its a knowledge based degree which covers diverse areas of financial and business activities like commerce, auditing, accounting, E-Commerce and financial risk management. Applied concepts, ideas, tools and techniques of business management are also taught to students to improve their business related skills.
In Pakistan, now 4 years Bachelor of Commerce degree has also been launched and we recommend students to prefer it on 2 years degree for having in depth knowledge about their field. B.Com IT degree is better than normal B.Com degree as it also equip you with necessary knowledge about Information Technology required for business field. We have written a detailed article on career and scope of BCom IT. You can read it for further guidance.
If you are weak in science subjects and do not like arts subjects due to narrow scope then its the right choice for you to enter in commerce stream. Commerce is the field for those students who have interest in accounting and business. If you are weak in Mathematics then it s not the field for you as good numerical ability is required for entrance in the field of Commerce. Now BZU AIOU, VU and some other distance learning universities are also offering BCom program.
Eligibility For B.Com
Candidates who have passed their Inter Exam F.A. FSc, ICS, I.Com, D.Com, A Levels (3 Subjects) or any other equivalent examination are eligible for admission in B.Com. Commerce students are given preference.
B.Com Subjects
In Punjab University following subjects are taught in B.Com.
Part 1
1-Business Statistics & Mathematics
2-Computer Application in Business
3-Economics
4-Financial Accounting
5-Business Statistics & Mathematics
6-Functional English
7-Introduction to Business
8-Money, Banking and Finance Islamic Studies
Part 2
1-Advanced Financial Accounting
2-Auditing
3-Business Communication & Report Writing
4-Business Law
5-Business Taxation
6-Cost accounting
7-Economics of Pakistan
8-Pakistan Studies
B.Com Career & Scope
B.Com has great scope as almost all the businesses need to hire accounts specialist or financial manager. In initial stage you need some practical experience, so accept the offer with low salary too. As after only six months of experience you will get better offers.
B.Com holders can get the license of tax practitioner in Pakistan. So if you must get membership of local tax bar council. It will make you a self employed person. Join some senior tax practitioner as junior for some time for getting the practical training. After little exposure of this field you can open your own tax consultancy firm. There is also a great demand of tutor of accounting, statistics and other commerce subjects.
B.Com Job Types
Accountant
Auditor
Cashier
Book Keeper
Businee Financial and Investment Consultant
Finiancial Officer
Self Employed
HR Manager
Forex Broker
Income & Sales Tax Practitioner
Employment Areas For B.Com
Banks and other similar financial institutions
Any Businesses
Commerce Field
Consulting Firms
Survey Firms
Government Departments
Industries
Investment Companies
Marketing Firms
Forex firms & Stock Exchange
Educational institution
Financial institutions
Healthcare
Insurance Companies
Law Firms
Finance & Audit department
Government Service
Investment firms
Financial institutions like National Saving, Leasing companies etc
Chamber of commerce
Super Stores
Cash and Marketing Department
Import Export Companies
Human Resource Department
Local Trading Companies
Further Study Options
Majority of student go for M.Com or MBA after BCom. But there are many other further study options too like, LLb, MCS, MIT, CA, CMA, M.Sc in Banking & Finance, Supply Chain Management, Project Management, HRM etc. Visit us daily for career guidance.
