How does B Com Specialization Help to Find a Successful Career?

While deciding on your stream in 10th class, you must have heard your parents saying that this choice between commerce, science, and arts is something that will define your Career after 12th class.

However, this makes career choices repeat themselves just two years later. You complete your 12th class, and there you go again – deciding which course or specialization to pick. For instance, if commerce students pursue B Com, they are again confronted with the “n” number of BCom courses specialisations. All these courses and fields often make students confused about their careers. 

Below is a list of top B Com specialisations students can pursue to build a successful career. Read on!

Block Chain and Financial Technologies: In addition to learning the fundamentals of Blockchain, this track in B Com in Block Chain and Financial Technology specilisation will delve deeper understanding of the technology from an expert viewpoint for various sectors. It will expand in Technology in Fintech and Banking, Fundamentals of Artificial Intelligence and Machine Learning, and Predictive Business Analytics using Cryptocurrency and Blockchain Technology.

 So, if you have a devotion to finance, are highly tech-savvy, and aspiring to get on board a very challenging yet exciting course- this specialisation is for you!

Banking and Insurance: Banking and Insurance specilisation has become the most prevalent profession pathway for some youths. This course aims to create trained professionals who can handle various financial activities associated with the banking and insurance sector. Moreover, it helps the people to open themselves to operational environments in Banking, Insurance, and other related firms in the monetary administration area.

Understudies are taught to handle different advancements utilised in the field of Banking and Insurance by experiencing application-level preparation. After graduating in Banking and Insurance, some job options are Business Consultants, Budget Analysts, Certified Public Accountants, Auditors, Actuaries, Budget Planning, Cost Estimators, Entrepreneurs, Business Consultancies, etc.

Forensic Accounting and Fraud: Forensic Accounting is one of the fastest-growing accounting careers. The rapid escalation in fraudulent practices and increased financial crime leads to the rise in the demand for Forensic Accountants after completing all the B Com eligibility criteria. The understanding and knowledge acquired through this program equip students to deter, find and create reports on economic crimes for executive management teams, investigative agencies, and others.

The Forensic Accounting & Fraud Investigation contains terms like Data Analytics, Digital Forensics, Questions Documents Examination, Fraud Detection using Data Science, Corporate Tax, etc. 

Derivatives and Risk Management: Derivatives and Risk Management is a track that should appeal to you if you are a learner with a sound grounding in statistics and mathematics. This track will provide comprehensive coverage of the underlying applications of stochastic economic models for analysis and mitigation of risk with programs like Derivatives and their Applications in Risk Management and Governance practices in Financial Institutions, Modeling, and Business Valuation. 

In addition, starting from quantitative finance, this track will train you to strategise using various derivative instruments in hedging and valuation pricing for multiple tools.

Financial Markets: The course helps candidates to acquire understanding and knowledge in the field of Debt Market, Capital Market, Equity Market, Elective course, Discipline elective specific course, Ability enhancement course, comprising of Technical analysis, Financial Derivatives, Mutual Funds, Corporate and security law, professional communication skill, Information technology. 

In addition, the course is designed to specifically address the strengths and weaknesses of market options in the learner’s major and intended field of work.

Economics - Students of this specialisation study economics on a macro and micro level. They gain an understanding of financial issues faced by organisations. Companies hire graduates to look after and solve their economic issues.

Computer Applications – Computer Applications graduates are proficient in using computer applications for various tasks in the industry they are employed in. Graduates find jobs across multiple fields such as e-commerce, digital marketing, insurance, accounting, and stock markets.

There are various advantages and reasons why an individual should pursue a B Com course after completing their studies. It is one of the best undergraduate programs and provides opportunities for a rewarding career. It also allows you to pursue higher education to advance your career options. Furthermore, if you have entrepreneurial dreams and are eager to study them, you will be better prepared.