Top Career Paths for M.Com Graduates in 2024

after m.com job opportunities

There are many well-paying jobs that you can get with a Master of Commerce graduate degree.

In 2024, there is still a high demand for M.Com graduates because business is changing, and financial rules are getting more complicated.

Insights into the typical salaries and job descriptions are provided in this piece on the best after M.Com job opportunities.

Getting an M.Com degree can be very helpful for people who want to enhance their job opportunities.

21 Best Job Opportunities After M.Com

Following are the 21 best M.Com job opportunities and salary.

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India’s fast-paced business and financial areas offer a wide range of job opportunities and good pay possibilities.

Job ProfileAverage Salary in India (INR/pa)
Chartered Accountant (CA)8,00,000
Financial Analyst6,00,000
Tax Consultant5,50,000
Auditor5,00,000
Investment Banker10,00,000
Business Analyst7,00,000
Corporate Treasurer9,00,000
Finance Manager10,00,000
Cost Accountant6,50,000
Stock Broker4,50,000
Risk Manager8,00,000
Credit Analyst5,00,000
Management Consultant12,00,000
Portfolio Manager9,50,000
Budget Analyst5,50,000
Insurance Advisor4,00,000
Professor/Lecturer6,00,000
Banker5,00,000
Financial Planner7,00,000
Economist8,00,000
Company Secretary6,00,000

Now, let’s look at the detailed description of each of the 21 job opportunities after M.Com:

1. Chartered Accountant (CA):

People want to hire chartered accountants because they are very good at budgeting, taxes, and managing money.

They usually work for the government, in business and industry, or in public practice companies.

A CA can expect to make around INR 8,00,000 a year.

2. Financial Analyst:

When it comes to making business choices, financial analysts look at financial data, write reports, and give advice.

By looking at financial records and predicting economic trends, they are essential to companies.

A Financial Analyst can expect to make around INR 6,00,000 a year in India.

3 Tax Consultant:

Tax consultants help people plan their taxes, fill out their tax returns, and ensure they follow the rules.

According to tax rules, they help their clients pay the least amount of tax possible.

A Tax Consultant can expect to make around INR 5,50,000 a year.

4. Auditor:

Auditors review financial bills and records to ensure they are correct and follow all laws and rules.

They work both inside and outside the company and are essential to keeping the books honest.

An auditor can expect to make around INR 5,00,000 a year.

Read Also: Top 7 Career Options After BBA in 2024 

5. Investment Banker:

Investment bankers help businesses get money, give advice on mergers and acquisitions, and keep track of their investment holdings.

The average pay for this vital job is INR 10,00,000 a year. This shows how important they are in the business world.

6. Business Analyst:

Business analysts look at how businesses work, find ways to improve them, and then implement those improvements.

They connect IT and business to make sure projects go well. Most business analysts make around INR 7,00,000 a year.

7. Corporate Treasurer:

Corporate treasurers are in charge of a business’s cash flow, assets, and financial risk.

They ensure the group has enough money and knows how to use it well. The going rate for this job is INR 9,00,000 per year.

8. Finance Manager:

Finance Managers are in charge of an organization’s money. They do this by making budgets, putting together financial records, and analyzing money.

They make about INR 10,00,000 a year for their critical role in an organization.

9. Cost Accountant:

Cost accountants are experts at analyzing and controlling costs. They help businesses keep costs down and make more money.

They are essential in the production and manufacturing businesses. A cost accountant makes an average of INR 6,50,000 a year.

10. Stock Broker:

Stock brokers help people with their investments by buying and selling stocks on their behalf.

They work for trading firms or on their own as consultants. Most stock brokers make INR 4,50,000 a year.

11. Risk Manager:

Risk managers find, evaluate, and reduce an organization’s financial risks.

They devise plans to handle risks and ensure rules are followed. The average pay for a risk manager is INR 8,00,000.

12. Credit Analyst:

Credit analysts look at people’s and businesses’ reliability to figure out how risky it is to give them money.

They work for banks and other business companies. A Credit Analyst makes an average of INR 5,000,000 a year.

13. Management Consultant:

Management consultants help businesses improve their performance and efficiency by giving them strategy advice.

The average pay for this vital job is INR 12,00,000 a year. This shows the high level of skill needed.

Read Also: MBA in International Business Scope & Career Options

14. Portfolio Manager:

Portfolio managers are in charge of investment accounts and decide how to allocate assets and make investments in order to get the best results. The average amount of money they make is INR 9,50,000 per year.

15. Budget Analyst:

Budget analysts create and oversee an organization’s budget, making sure that money is spent wisely.

They work in many areas, such as the business and public fields. The most they make in a year is INR 5,50,000. 

16. Insurance Advisor:

Insurance Advisors help people control their risks and sell insurance plans.

They make an average of INR 4,000,000 a year and work for insurance companies or as individual brokers.

17. Professor/Lecturer:

In schools and universities, professors and lecturers teach business classes. In addition, they research and share academic work.

It is common for professors and lecturers to make INR 6,000,000 a year.

18. Banker:

Bankers take care of customers’ money, lend them money, and give them financial advice.

They work in different business jobs and earn an average of INR 5,00,000 annually.

19. Financial Planner:

Financial planners help people handle their money by making investments, planning for retirement, and planning their estates. The average pay for this advisory job is INR 7,00,000.

Read Also: What after MBA In Finance: Scope And Career Options

20. Economist:

Economists look at economic facts, do research, and give advice on how the economy is changing.

They make an average of INR 8,00,000 a year and work for the government, universities, and businesses.

21. Company Secretary:

Corporate control and following the law are the jobs of company secretaries.

With a pay of INR 6,00,000, they are essential to running a business.

Why Choose IIS University for the Best Future

M.Com graduates can make intelligent choices about their futures if they know about the job opportunities and possible salaries.

.Picking the right college/university for your M.Com is crucial to getting the best job opportunities. Undoubtedly, IIS University (Best Girls University in India) is one of the best places to get an M.Com.

They stress on hands-on learning, getting experience in the field, and having skilled teachers. IISU helps students get ready for great business jobs.

Graduates have access to the best after M.Com job opportunities thanks to the university’s strong placement cell and industry contacts.

You’re investing in a future full of good M.Com job opportunities and salary prospects when you choose IISU.

Q1. Can an M.Com get a job?

Yes, there are a lot of job opportunities after M.Com in fields like finance, accounting, taxation, and consulting.

Thanks to the thorough curriculum, graduates have all the skills and information they need to do well in these areas.

Q2. What is the salary of an M.Com fresher in India?

Indian M.Com graduates make different amounts of money based on their jobs and their businesses.

On average, people who just got their M.Com can expect to make INR 3,000,000 to 5,000,000 per year.

However, starting pay can be higher for specific jobs like chartered accountants and investment bankers.

Q3. Is M.Com a good option?

Getting an M.Com is a good choice for people who want to work in business management, finance, or accounting.

The degree gives you advanced skills and information that are in high demand in the job market.

Graduates with an M.Com degree can also choose from many jobs and get more professional certifications.

Q4. How can I earn money after M.Com?

There are many ways to make money after getting your M.Com.

For example, you can work as a Chartered Accountant, Financial Analyst, Tax Consultant, or Business Analyst.

You can also look for work as a freelancer, start your own consulting business, teach, or do research.

The important thing is to use your M.Com information and skills to get jobs that pay well.

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