Overview of Salary of Commerce Graduate in Various Fields
Commerce Graduate can explore a variety of career opportunities both in the public and private sector. After you earn a Commerce Graduate certification you can start applying for a job in the banking and financial sectors. You also have a plethora of occupational alternatives in fields that are not strictly finance related like law, hotel management, marketing, and administration, and so on.
As a Commerce Graduate , you’ll be getting a median salary in the range of 9,000-12,000 INR per month for most entry-level positions in private organizations. You can of course expect a better remuneration if you find employment in a large organization or corporate establishment. A bank PO job will also fetch you a high enough salary.
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With a bachelor’s degree in commerce i:e B.com Graduate , you’ll be eligible to apply for a job position in the IT, BPO or KPO sector. You can pursue a CA, CS, CWA/CMA, CFA, CPA, ACCA program For B.com Graduate if you really want to make good money throughout your professional career. In short, career options with respectable salaries that you can access after Becoming Commerce Graduate are nearly endless.
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[button color=”” size=”” type=”3d” target=”” link=””]Private Sector Employment Areas For Commerce Graduate[/button]
A Commerce Graduate will be able to land a job with a good salary along with various perks and benefits in the following employment areas:-
- Automobile Industry
- Banking & Insurance Industry
- BPO Industry
- Consumer Durables Industry
- FMCG Industry
- Hospitality Industry
- Media Industry
- Retail Industry
- Telecom Industry
You’ll be starting your career as an accounts manager, sales officer (accounts), company law assistant, assistant manager, accounts consultant, financial manager. If you cleared your Commerce Graduate exams with high marks (at least 55%), you’ll be able to apply to companies like Accenture, IBM, TCS, WIPRO, DELL, HP, Convergys, and so on that are constantly in need of B.com Graduate for their accounting processes. These companies offer lucrative salaries as well.
[button color=”” size=”” type=”3d” target=”” link=””]Public Sector Employment Areas For Commerce Graduate[/button]
If you’re looking for a secured job after getting a Commerce Graduate degree, you should be submitting applications for various examinations conducted by UPSC, SSC, Railways, and Defence (Army, Navy and Air Force). You can find a job as an accounts clerk, accounts assistant, tax assistant, excise officer, assistant collector, district treasury officer, and assistant registrar. Additionally, you can submit applications for different banking positions. It does not need to be explicitly mentioned that central government and public sector jobs that applicants with B.com Graduate degrees usually apply to have attractive salaries and perks.
[button color=”” size=”” type=”square_outlined” target=”” link=””]Starting Salaries for Different Job Positions For Commerce Graduate [/button]
Over the years, not only have job opportunities for Commerce Graduate increased but salaries for traditional job positions have also gone up. As a Commerce Graduate, you can now look at career opportunities in the sectors of IT and ITES, BPO, and KPO apart from the conventional openings in public and private organizations. Payout for different positions in the above mentioned sectors are excellent.
As a fresh Commerce Graduate , you can look forward to earning 9,000-12,000 INR every month in the beginning in most organizations. Depending upon your employer, your salary will rise as you gather experience. If you’re successful in getting a PO (probationary officer) job in a public-sector bank, you’ll be earning in the range of 20,000-25,000 monthly. Private sector banks offer 15,000-20,000 for the same position.
The salary for a clerical post in a bank is between 15,000-18,000 INR. You can also find a job as a junior accountant, accounts assistant or a tax assistant in private or government organizations. Salary for the same job position might vary from organization to organization. Furthermore, the salary you’ll ultimately draw will also depend upon the city you stay, the industry you’re engaged in, the skills you’ve acquired and so on.
|JOB TITLE||AVERAGE SALARY RANGE IN LAKHS INR|
|Accountant||INR 1 lakh to INR 3 lakh|
|Accounts Manager||INR 1.5 lakh to INR 19 lakh|
|Finance Manager||INR 1.5 lakh to INR 17 lakh|
|Internal Audit Manager||INR 4.2 lakh to INR 25 lakh|
|Chartered Accountant||INR 1.25 lakh to INR 11 lakh|
|Financial Analyst||INR 2 lakh to INR 10 lakh|
|Operations Team Leader||INR 3.27 lakh to INR 7 lakh|
|YEARS OF EMPLOYMENT||AVERAGE SALARY IN LAKHS|
|0-1 year||INR 2.25 lakh|
|1-4 years||INR 2.5 lakh|
|5-9 years||INR 4.3 lakh|
|10-19 years||INR 9.3 lakh|
|20 years and more||INR 16 lakh|
|CITY||AVERAGE SALARY IN LAKHS (PER ANNUM)|
|Bangalore||INR 5.1 lakh|
|New Delhi||INR 3.36 lakh|
|Chennai||INR 4.27 lakh|
|Mumbai||INR 3.83 lakh|
|Pune||INR 4 lakh|
|Hyderabad||INR 3.88 lakh|
|Delhi||INR 4.75 lakh|
|INDUSTRY||AVERAGE SALARY IN LAKHS INR|
|Information Technology and ITES||INR 5.8 lakh|
|Financial Services||INR 3.30 lakh|
|BPO||INR 3.73 lakh|
|Information Technology||INR 8.5 lakh|
|Software Development||INR 3.6 lakh|
|Telecommunications||INR 7.2 lakh|
|Banking||INR 5 lakh|
Source : Unknown