BFSI Industry Demands Skilled B.Com Graduates-Enrol in Bridge Courses

The All India Survey on Higher Education (AISHE) report under the Ministry of Education confirms that Bachelor of Commerce (B.Com) is the third most popular undergraduate discipline in India. A total of 44.08 lakh students are enrolled. 

The data shows a high demand for commerce graduates. However, the BFSI (Banking, Financial Services, and Insurance) is facing a skill-gap crisis. Only, the total of 55% of B.Com graduates are skilled out ot 100%.

B.Com In-Demand Skills & Salary Trends

Employers are seeking commerce professionals with skill courses rather than relying on only a college degree. Graduates with specialised certifications see significantly higher starting packages:

• General Accountant: INR 3-INR 5.5 LPA (Requires basic Tally/Excel).

• Financial Analyst: INR 6-INR 10 LPA (Requires SQL, Power BI, or Data Visualisation).

• Investment Banking Analyst: INR 8 INR 15 LPA (Requires M&A modelling and advanced certifications)

Skilled Bridge Course Requirement   

To hit the industry with appropriate skills, candidates can improve their skills through the bridge courses. 

• Technical Proficiency: Mastery of ERP software (SAP/Oracle) and data dashboards is now a basic mandatory requirement.

• 3rd to 6th month Internships give insights into the job profile and benefits to both employers and employees

• Global Certifications with a B.Com degree, such as CFA, ACCA, or GST, are a game-changer for applicants.

The primary recruiters are Banking & Financial Services, Fintech & Digital Finance, IT & Tech Services, and E-commerce & Retail.