What is B. Com Financial Markets All About?
B.Com Financial Markets (BFM) is a three-year college degree that furnishes the students with knowledge into different parts of the monetary market, which incorporates getting money and cash, speculation financial aspects, relational abilities, legitimate boundaries, and so forth.
B.Com in Financial Markets will give an exhaustive comprehension of the center ideas, business language, strategies utilized in monetary business sectors. It will assist with gaining undertaking level greatness in venture techniques, managerial design, and the portfolio of the executives. It will give progressed information in Financial Market.
In this blog, we will look at the various facets of the B.Com Financial Markets degree the scope of the course, syllabus, eligibility, entrance exams, job opportunities, salary, and other benefits.
Course Highlights
The curriculum for B.Com Financial Markets is similar to the general B.Com course. While in the first-year students choose skills related to Economics and finance, further, in the course, they can choose from elective subjects.
Course Level: B.Com Financial Markets is an undergraduate course.
Course Duration: This program is generally completed in 3 years.
Course Examination Type: Most institutions conduct examinations after every semester.
Course Eligibility: You need to have completed 10+2
Course Admission Process: The admission process is merit-based and some universities conduct entrance exams.
Course Major Entrance Exams: DU JAT, AIMA UGAT, and MUCMET
Course Fee: This course usually costs up to Rs 1 Lakh.
Course Average Salary: A job after B. Com Financial Markets can easily fetch you anywhere between Rs 4 lakh and Rs 6 lakh per annum.
Eligibility Criteria
You need to meet the accompanying rules to be qualified for a B.Com Financial Markets degree :
- BFM admission test is finished by a passageway test, and to be qualified for the test, understudies should have a 50 percent grade in 10+2 in any subject from a perceived board.
- The admission test has no age limitations.
- To be considered for admission to the BFM program, competitors should likewise satisfy the passing necessities.
- They should accomplish the negligible total score suggested by the particular College for confirmation.
Admission Process
Most Commerce schools expect contenders to clear a placement test to have the option to get affirmation for the B.Com program. Here we will check out the confirmation steps exhaustively.
- Placement test: AMUEE, BHU UET, DU JAT, AIMA UGAT, and MUCMET
- Cut-off List: You need to secure the required marks to be on the cut-off list of your desired college
- GD/PI: The shortlisted up-and-comers are then required a Group Discussion or Personal Interview Rounds. A few schools have one more round of composing tests as well. Applicants who clear these rounds come to the last rundown.
B. Com Financial Markets Salary in India
B.Com occupations’ compensation in people in general and private areas are around 2 LPA – 8 LPA. Thusly, after B.Com, the extent of finding a decent line of work with a fair bundle is a lot of high. Notwithstanding, the compensation bundles might differ dependent on the abilities and working experience moved by the alumni.
Entrance Exam
The common entrance exams for B.Com Financial Markets
- (AMUEEE) Aligarh Muslim University Engineering Entrance Examination.
- (BHU UET) Banaras Hindu University Undergraduate Entrance Test
- (NPAT) National Test for Programs After Twelfth
- (IPU CET) Indraprastha University Common Entrance Test.
- (DSAT) Dayanand Sagar Admission Test
Top 5 Reasons to Choose B. Com Financial Markets
- Narrow Focus
One extraordinary motivation to turn into a money major is a result of its more tight concentration, yet it actually permits you to investigate a field that is thick with open positions. A certification in money management permits you to work with the leaders of outside associations. A certification in money management permits you to work with the leaders of outside associations.
- Personality Driven
Anybody can get a business degree or do bookkeeping, yet to be in a money vocation you should be active and curious. However, you should be acceptable at science, you likewise should be acceptable and talking with individuals and making agreeable discussions on an assortment of subjects. Along with these lines training, knowledge, and character are totally considered for finance occupations. Furthermore, you should be political and think about your association’s or alternately customer’s objectives, assets, and choices while examining their alternatives for monetary development and prosperity.
- Growing Job Prospects
Due to a “developing scope of financial items and the requirement for inside and out, information on geographic areas” finance positions are becoming quicker than the normal for work professions in the financial investigation is to develop by 23%, financial administration by 14%, and financial prompting by 32%.
- Wide Variety of Job Opportunites
Financial careers are growing and so are the job opportunities in finance.
With a degree in finance, you can operate in Corporate management, International financial management, Investment Services, Financial planning services, and much more,
- Financially Rewarding Career
Along with having a wide scope of open positions, the positions that present themselves to you will likewise be extremely remunerating from a compensation outlook. Pay data differs from work title and experience.
Required Skills
- Essential information in the field of corporate money, Financial Markets, Financial Management, Financial Marketing, Global Economics, Banking, Taxation, Law, and so on Show successful relational abilities through the improvement of the show, tuning in, and composing abilities.
- Strong Communication Skills
- Flexibility and Teamwork
- Presentation, listening, and writing skills
- Scientific reasoning skills
Syllabus & Subjects
A B.Com Financial Markets program is regularly planned such that the students acquire an intensive comprehension of the different parts of finance. The topics covered in this program are
- Principles of Management
- Business Ethics
- Direct Tax Laws
- Managerial Economics
- Financial Accounting
- Banking
- Business Statistics
- Entrepreneurship Development
- Financial Management
- Business Law International Finance
- Human Resource Management
- Managerial Accounting
- Indirect Tax Laws
- Derivatives
- Corporate Laws
- Financial Institutions and Markets
- Computer Application for Business
- Cost and Management Accounting
- Security Analysis and Portfolio Management
Career & Jobs Opportunities
This course is Finance and Investment driven, it opens up entryways into different investigator and guide work profiles. In the wake of seeking after BCom Finance, understudies have more noteworthy employability as they have specific abilities in Finance and its capacities. Assuming understudies need to proceed with their investigations to a more noteworthy degree, they have a wide scope of decision among specialization Diplomas and Masters certificates. Here are some job profiles after finishing their B.Com Finance degree:
- Risk Manager
- Financial Planning Manager
- Insurance Manager
- Financial Market Advisory
- Money Markets Dealer
- Financial Planning Consultant
- Finance Controller
- Trainee Associate
- Financial Research Manager
- Treasurer
- Finance Officer
- Credit and Cash Manager
Scope of B. Com Financial Markets
After B Com Financial Markets, students can either find professional prospects or go for a graduate degree, which is a well-known alternative, as there are a few postgraduate courses for BFM graduates like MBA in Finance, Financial Risk Management (FRM), CFA, CS, and Chartered Accountant.
Authorities on the matter agree, expanding open positions in the money, banking and the executives’ area have drawn in understudies towards finance course.
The work market has gone through some enormous changes in the previous decade, part of the way because of various mechanical developments and incompletely on account of the economy. Money majors are put into an extremely lucky position that keeps alternatives accessible to keep on becoming unhindered from numerous conditions that have affected others.
Scope of B. Com Financial Markets in Government Sector
One can likewise pick a go-between yet for this, reasonable test which is directed by the NISM. When one clears the test and gets the NISM endorsement, he/she can work for the advertising and conveyance of shared asset plans as business advancement directors, relationship administrators, and counselors. Aside from these, one can likewise engage with the administrative center capacities as asset bookkeeping and IT/network support. A graduate fresher from a top establishment is consistently in the need of enrollment specialists for this job. Great pay bundles are being paid to the most appropriate applicant in Investment banking.
Some government jobs after B.Com finance degree are
- SBI Probationary Officers
- SBI Clerk
- RBI Grade B Officer
- IBPS Probationary Officers
- IBPS Clerk
Top 5 Recruiters
B.Com Finance Markets graduates are in demand in both the government sector and private sector. Name of top recruiting companies are :
- Deloitte
- KPMG
- EY
- Grant Thornton
- PwC
Courses to Do After B. Com Financial Markets
For further studies after pursuing B.Com Financial Markets Degree, there are many course options you can choose from –
- Master of Commerce (M.Com)
- Chartered Accountancy (CA)
- Company Secretary (CS)
- US Certified Public Accounting (CPA)
- Business Accounting and Taxation (BAT)
- Certified Management Accountant (CMA)
- Financial Risk Manager (FRM)
- Chartered Financial Analyst (CFA)
- Master in Business Administration
There are also various certificate courses students can pursue in a short time.
Summary
There is a lot of B.Com scope for the alumni in the field of educating after the culmination of the course, and even there is a wide extension out in the open and private areas of different associations. Occupations after B.Com and compensation are in a tremendous region so the applicants can land positions without any problem. Alongside it, B.Com-related positions, for example, CA and CMA are likewise in acceptable numbers. Likewise, the arrangements for the alumni after the finish of the course are in acceptable numbers contrasted with some other courses of the separate area.
ASM IMCOST has an attractive course structure as well as placement opportunities for B.Com courses.
Check out the ASM IMCOST official site and fill up the form for further details and to apply to this program.
