A three-year undergraduate programme where students learn theoretical knowledge of how professional accounting principles work with business. Are you interested in enrolling in B. Com Professional Accounting? Then, this blog is for you.
B. Com Professional Accounting is a specialized programme that is different from B.Com. (CA) as it focuses on understanding the methods of accounting for business sectors, whereas B. Com is an advanced and in-depth knowledge in accounting and recording of business transactions. The eligibility of this course is similar to 10+2 in any relevant field with a minimum of 50% aggregate score. There are few entrance exams for students to enroll in this course in any of the B. Com professional accounting colleges in Tamil Nadu. And once you secure your degree in professional accounting, there are diverse career prospects you can pursue; otherwise, you can move to the next level by completing your master’s degree, which it also has its benefits in your career.
What is the scope of B. Com professional accounting?
With the knowledge of accounting tools and information, students can use it to implement policy framing and decision-making in any business sector. If you Pursue your career as an accountant, then this course delves into how the corporate world follows and maintains accounting procedures. With proficient corporate accounting, there are high chances of hiring at top companies like Google, Adobe and L&T Infotech.
Secondly, students who completed their degree in the top B. com professional accounting colleges in Coimbatore can expect high compensation. However, it is determined by factors including degree of capability, years of experience, area of specialization, and others. An expert with a B. Com. degree can procure between INR 4.5 lakhs and INR 9.8 lakhs per annum, depending on the job and space. The potential sectors for B. Com professional accountants are:
- Accounting and auditing
- Media
- International banking
- Automobile
- Financial services
- Telecommunication services
- BPOs
- Manufacturing services
- Retail
Ensure you’re well-versed in concepts and have knowledge of entrepreneurship, finance institutions and preparing the accounting for various business sectors. Let’s discuss how your auditing excellence opens up various job positions for you.
The career path of B. Com Professional Accounting:
Once you complete this program, you will have the opportunity to start your career in a public organization as well as in the private sector. In the field of professional accounting, you can also consider add-ons like CA, CPA and other professional certificates that enhance your career and expand the various job opportunities. What is your goal?
Accountant:
This profession is responsible for maintaining records of all the assets and liabilities of a business. Investigating taxes, analyzing financial data and forecasting to prepare a budget are priority tasks accountants need to take care of. They need to be sure about the monetary records with accuracy.
Financial analyst:
The responsibility of a financial analyst is to analyze the finances of the company and come up with strategies that benefit the organization and clients. They also have to analyze the business and markets and forecast the requirements for the sectors, if needed.
Auditor:
Nowadays, businesses need auditors to analyze and keep track of financial and inventory transactions. And companies need to verify the financial transactions and the auditor is one with the expected skill in confirming the accuracy of numbers and calculations relating to business transactions.
Professional accounting associate:
They are in charge of reviewing and evaluating financial papers and verifying their accuracy and integrity. The abilities required for a professional accounting associate include understanding the accounting field and analytical and time management skills.
After pursuing a B. Com Professional course, the benefits are:
After a B. Com certificate, numerous students can seek further courses. There are numerous postgraduate courses or projects accessible to help one’s profession. M.Com, MBA, CA, CS, CFA, CFP, Advanced Advertising, and ACCA are among the seminars on the rundown.
After B. Com, which course is ideal? MBA and M. Com are the most well-known and generally sought-after advanced education courses in the wake of finishing their B. Com degree.
Another B. Com advantage is that there are many open positions for B. Com graduates in both the private and public areas. There are many positions in government areas, like banks, railroads, agribusiness, guards and so on. where only B. Com degree holders are qualified to apply. Also, there are various open doors for B. Com graduates in the Money and Records office in public sectors like NTPC, SAIL, and BHEL.
Once you receive certification from the best colleges for B Com in Coimbatore, you can start to explore your entrepreneurial skills or get a financial position in business. Since B. Com graduates have an intensive comprehension of the market-important parts of the business. As another option, they can begin their organizations and run them effectively and expertly without the help of accounting or showcasing specialists.