A Bachelor of Commerce degree is a business-related undergraduate degree which can be completed in Canada, Ireland, New Zealand, Australia, and other Commonwealth countries.
The degree focuses on education in subjects related to business such as accounting, finances, banking, marketing, and business management. Students build expertise in one of these areas while developing managerial skills during the duration of the degree which is generally about three to four years long.
The jobs available for undergraduates of this degree revolve around business and finance. Holders of the degree will find themselves working in the financial sector, and it is important for students to consider choosing a specialty within this field during their education. The specialties can be determined by the jobs in the field.
There are many opportunities for careers with a Bachelor of Commerce degree holder, and they are all related to these five fields. Here are the five best jobs you could get with a Bachelor of Commerce degree.
Accounting is one of the jobs that could be attained with a Bachelor of Commerce degree with a focus on accounting principles. During the duration of the degree, students will learn business communication skills and the principles of accounting which will enable them to get a job in many accounting fields such as CPA accounting, staff accounting, internal auditing, and other related areas.
Accountants examine financial records to keep track of spending, expenses, income, and taxes. Certified Public Accountants (CPA) could start their own accounting business while staff accountants work as an employee with established accounting companies.
A Bachelor of Commerce degree opens the field to many areas of accounting and it could secure a future in one of the most important aspects of business operations. The median income for accountants with a Bachelor of Commerce degree was $54,377 a year, and the demand for accounting jobs is due to grow by 11% from 2014 to 2024.
The Bachelor of Commerce degree leads to a variety of positions in the financial field with jobs such as financial analyst, financial manager, and financial director. Students will learn the importance of financial management in business, how to solve financial problems, and how to give financial advice.
Financial positions available for Bachelor of Commerce degree holders will require undergraduates to complete a series of financial tasks in their jobs. These tasks include providing investment guidance, producing financial reports, directing investment activities, managing financial control functions, and establishing financial strategies for long-term growth.
The financial sector has several positions open for those with a Bachelor of Commerce degree and it is one of the most lucrative business careers. The median salary for financial managers with a Bachelor of Commerce degree is about $94,221 per year, and the demand for financial experts is due to grow 12% from 2014 to 2024.
Banking is one of the most common jobs that are available for undergraduates of a Bachelor of Commerce degree. This includes banking of all types such as business and personal banking, international banking, bank management, and other fields related to banking. During the duration of their education, students on this program with a focus on banking will learn the principles of banking and specialized knowledge of different areas of banking.
Bankers handle loans, investments, and accounts for businesses and individuals while advising their clients on financial matters. Tasks for bankers include providing loans, establishing and improving credit, helping with investments, monitoring cash flow, and managing day-to-day bank operations.
Several banking positions are open to those with a Bachelors of Commerce degree, and the career is ever-expanding due to the never ending flow of money and need for loans. The median salary for a business banker is $61,881 a year, and banking jobs are expected to grow 11% from 2016 to 2026.
Marketing is one of the main careers that will derive from this degree. There are many different types of marketing positions such as market research analyst, marketing manager, advertising manager, and other related fields. A specialty in marketing during this degree will focus on proven practices regarding sales management, the nature of consumers, advertising, law and ethics in the marketing field, and other related areas.
Marketing experts create and execute strategies to increase business revenue using advertising in the form of digital marketing, print marketing, and other techniques of drawing consumers to businesses. A marketer’s aim is to increase sales by determining the needs of consumers and offering the most impactful goods and services.
Marketers could thrive with this degree and there is a no ceiling on a marketing career due to the constant need for advertising. The median salary for a marketing manager is $63,539, and marketing jobs are expected to increase by 10% from 2016 to 2026.
Business management is one of the main areas studied in this degree and education in this area could help students land leadership positions in business. The jobs that are available in business management include project management, business analyst, business advisor, and other related areas. A focus on business management in this degree will equip students with a strong foundation of business knowledge that applies to decisions that need to made regarding issues in a business environment.
Business managers are responsible for supervising and running a company’s operations while keeping employees in line with their goals. This could include project management which is completed through planning, executing and completing projects. Business analysts may interact with business to discover a company’s needs or requirements.
The field of business management is will always be in demand because of the need for companies to be operated. The median salary for those in business management positions is $87,980 per year, and jobs in this field are expected to grow 9% from 2016 to 2026.