Career Options for Commerce Graduates with Special Reference to Banking Sector

B.Com is a 3 year undergraduate course in which it necessitates that the students make an informed choice about the subject they want to major in. Since it is one of the most trending courses after higher secondary education, it gets all the more important for students to ensure that they make the right choice.

Eligibility Criteria:

Higher Secondary Education from a recognized board with more than 50% marks

Students with academic background in science and commerce streams are eligible 

With special spotlight on the banking sector, B.Com graduates can find jobs as auditor, analysts, accountant, cashier, CA/CS, economist, investment consultant or Finance Manager.

B.Com seamlessly blends with the banking sector due to the focus on finance and accounts related subjects. Traditionally, the banking sector has always linked well with the commerce stream.

Banking as a career option:

Banking is basically a service driven industry. A few benefits of working in this industry are enumerated:

1) Excellent salaries and benefits

2) Accumulation of variegated experiences and jobs available

3) Good opportunities for advancement in career

4) Education continuum is possible

5) Good working hours and conditions

It is essential to remember that aptitude in banking and attitude towards interaction with people is essential to be a successful professional in this sector. The essential skills needed are reasoning, numerical ability, general knowledge, proficiency in English and knowledge of computing and marketing.

Competitive exams are held by IBPS whenever vacancies in the banks arise. PO, Clerks and Specialist Officers Exams are conducted by IBPS. There are many openings in public and private sector banks. IBPS and SBI conduct exams for various levels. 

Banking demands both involvement of service as well as the banking skills. It is essential that students who want to pursue a career in banking via commerce degree have it clear in mind as to what are the expectations of the banks and the way they run. Researching into the banking methods and hours of work can be of great help to get an all round idea of this sector before you take the plunge.