B.Com, or Bachelors of Commerce, is one of the most popular majors, alongside engineering. This is the major choice for people who wish to work in high-paying areas like finance, marketing, banking, or accountancy. Academic (B.Com) and professional (CA, ICWA, etc.) programmes are both accessible in the discipline of commerce. However, many students enrolled in the former neglect the importance of learning vital practical skills like Tally and instead focus solely on their studies.
If students want to find well-paying positions after graduating, a B.Com degree, like any other major, must be accompanied by complementary abilities such as computational accounting, CA (Chartered Accountancy), CS (Company Secretary), and so on.
So, without any further hemming and hawing, here are the top abilities that B.Com grads will need to land a prestigious job:
1. Financial Accounting
B. Com grads, are particularly those who aspire to work in the banking and financial sectors, should learn the fundamentals of financial accounting. If you have a bachelor’s degree in accounting, financial accounting is a must-have ability that will set you apart from your colleagues.
Financial accounting awareness and expertise may assist new grads in properly maintaining corporate records, preventing and detecting frauds, preparing the company’s financial condition, and comparing the firm’s outcome after financial years.
2. MS Excel proficiency is required
B.Com grads should have an excellent working knowledge of Microsoft Excel because people who are working in the finance and banking industries are required to create accurate charts, spreadsheets, and calculations.
To streamline and alleviate everyday activities, computer skills should not be limited to Microsoft Excel, but should also include all other components of Microsoft Office as well as other basic computer applications.
3.Understanding of taxes at a basic level
All B. Com graduates should have a good understanding of state and government taxes such as income tax, excise duties, service tax, and so on. Any organization, whether private or public and any firm, large or small, must have a current and comprehensive understanding of the Indian taxation system.
In addition, B. Com graduates must have a thorough understanding of new taxes implemented by the government, such as GST, as well as any related changes to the existing taxation structure.DSMS is one of the top institutions in India offering the best B.Com courses in West Bengal & other regions, which help students boost their career prospects. This institution prepares students to become competent and industry-ready professionals.
4.Understand the fundamentals of financial analysis
A B. Com graduate must, without a doubt, be well-versed in financial analysis. It is a must-have talent for grads who want to work in corporate finance, investment banking, or other big financial roles. B. Com graduates should hone their analytical and mathematical skills, as well as their statistical knowledge.
Wrapping Up
Along with engineering, B.Com, or Bachelor of Commerce, is one of the most prominent majors. This is the most common option for those who want to work in high-paying fields such as finance, marketing, banking, or accounting. DSMS offers the best B.Com courses in West Bengal & across India, helping students to enhance their career prospects. This institution prepares students to become competent and able professionals. So what are you waiting for? Take your career to the next level by enrolling in one of the best B.Com programmes.