|
Author :
Shilpa Nigam |
A big question arises because online B.Com and Online BBA are both 3-year bachelor's degree programs with different career focuses.
If you have completed an Online BBA course program, then you are qualified for the positions of managers, leaders, and entrepreneurs, and thus, he or she is given corporate or managerial roles at higher starting salaries.
Besides that, a commerce graduate covers finance, accounting, and taxation, which implies it is the initial stage for specialised positions and professional certifications like CA, CMA, or CFA.
Online BBA: Career Scope and Salary
If you are a fresh graduate from a business and management then you will get approximately INR 3–6 LPA; however, you can grow your salary after gaining experience, by exploring areas of specialisation and pursuing higher education such as an MBA.
Online B.Com: Career Scope and Salary
As a Bachelor of Commerce graduate, you learn the vital skills in accounting, finance, taxation, and auditing and get an average starting salary that typically ranges from INR 2.5 to INR 5 Lakhs Per Annum (LPA). For a higher salary, you need to opt for professional certifications.
The choice of the best one depends on your future career goals and areas of interest.
|
Feature |
Online BBA (Bachelor of Business Administration) |
Online BCom (Bachelor of Commerce) |
|
Primary Focus |
|
|
|
Common Job Roles |
|
|
|
Target Industries |
|
|
|
Average Entry-Level Salary (Approx.) |
INR 3 – INR 6 (LPA) |
INR 2.5 – INR 5 LPA |
|
Key Skill Development |
|
|
The Online BBA in Finance provides students with a double advantage of financial and managerial knowledge, which are the basics for the right business decisions. It is a self-assuredness and strategic mind-moulding factor for the alumni in actual business situations.
If you complete your graduation from the commerce stream, your future careers are in accounting, taxation, auditing, and financial reporting.
The most common job options for the graduates are accountant, auditor, tax consultant, or financial analyst in sectors such as banking, Big 4 accounting firms, tax consultancies, and government finance departments. The freshers in these professions can expect a salary ranging from INR 2.5–5 LPA per month.
Comparison of Distance BBA and B.Com for a Career in Finance:
|
Degree Distance |
Basic Skill Set: |
Entry Jobs |
Perspective Industries |
Basic LPA |
|
BBA |
Managerial financial skills Leadership and communication Strategic planning Business operations |
Business Analyst Financial Analyst Relationship Manager (Banking) Risk Analyst |
Banking & Financial Services FinTech Consulting E-commerce Multinational Corporations (MNCs) |
3–6 LPA |
|
B.Com |
Strong Accounting Knowledge Auditing and Taxation Financial Reporting |
Accountant / Junior Accountant Auditor / Audit Assistant Tax Consultant Financial Analyst |
Accountant / Junior Accountant Auditor / Audit Assistant Tax Consultant |
2.5–5 LPA |
They both keep equal weightage for career perspective. The following are the higher-paid designations for both BBA and B.Com.
High-Paying jobs for E-BBA:
Go for MBA programs, especially at the world's best schools like IIMs and ISB. The placements of the graduates of these institutes are mostly in the range of INR 20–30 LPA+ C-suite or senior management jobs.
Business Analytics & Consulting: The BBA degree holders' first job is often in the analytics and consulting sectors, which are the most lucrative in today's job market.
By acquiring additional abilities such as data analytics, Excel, Python, Power BI, or being proficient in IT tools, you can significantly increase your salary.
Entrepreneurship: BBA gives you a complete and practical understanding of different facets of business. After gaining experience, you can be a successful entrepreneur.
Strong Domain Advantage: A highly specialised profession with a high salary and expert status is made possible through a commerce degree and professional certifications.
Chartered Accountancy (CA): The biggest advantage is the starting salaries, which fall in the range of INR 8 LPA to INR 12 LPA; the salaries of the top positions, like CFO, may rise to INR 20 LPA to INR 30 LPA or more.
Investment Banking & Equity Research: The combination of BCom and CFA opens the door to extremely well-paid, exclusive finance jobs.
Deep Specialisation: The skills in international tax, forensic accounting, or risk management can lead to high-paying positions in the field.
BBA graduates generally receive a bit more at the beginning ( ₹3–6 LPA), if they have done a specialisation, mainly.
BCom graduates' starting salaries are in the range of ₹2.5 - 5 LPA, again, depending upon the job role.