Why is Online B.Com Gaining Popularity?

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Jagpreet

26 September, 2024

Why is Online B.Com Gaining Popularity?

If you aim to build a career in finance or commerce, online BCom is the way to go. You don’t have to restrict yourself to a traditional classroom setup for achieving your career aspirations anymore. We know the education industry made a significant shift during the COVID-19 pandemic. During that time, online education was the only option for people, but this is not the story anymore. Why, you may ask?

Online education isn’t an alternative; it is a choice for those who want to experience education at their own pace with the utmost flexibility. Today, ed-tech platforms and institutes provide a flexible and cost-effective alternative to the traditional education system with a few clicks. This blog takes a deep dive into the factors leading to the surge in popularity of online b.com programmes.

Read: 12 Best Courses After BCom for High Salaries in 2024 – Updated!

About the Programme 

Online Bcom is a 3-year-long professional programme. This industry-orientated programme shall help you develop business and other relevant soft skills like critical thinking, communication, decision-making, and more. The curriculum covers finance, accounting, economics, organisational behaviour, management, business studies, and more. Online B.com is a fantastic choice for you if you aim to build a career in the finance or business world.

Benefits of Online B.Com

It is a comprehensive curriculum that meets the industry standard and helps you gain employable accounting, finance, tax, and management skills. This programme shall open various job opportunities in both the public and private domains.

1. Flexibility and Convenience

Unlike a regular B.Com degree, online B.Com offers the flexibility of pursuing education at your own pace. Strict schedules and timelines do not bind you; you can access the study material and pre-recorded classes as per your schedule. An asynchronous course allows you to engage with the content anytime, meaning you won’t be attending classes in real-time. Online education is an excellent choice for working professionals or those with personal responsibilities, as you can access the course anywhere.

2. Cost-Effectiveness

Compared to a regular B.Com, an online degree offers far more benefits. You can have the highest quality of education from the institutes offering online B.Com degrees from the ease of your home. Due to the elimination of several costs, such as travel expenses, rent, and other miscellaneous expenses, you would save a large sum of money.

Online education also lets you personalise your learning experience according to your learning style. You can customise your degree according to your schedule and needs. Sometimes, handling various other responsibilities along with education may get tricky. That is the convenience of online education; it adjusts according to your needs and not vice versa.

Read: Online BCom Course: Fees, Admission, Top Colleges 2024

3. Global Networking Opportunities

Online B.Com offers students an excellent opportunity to network with peers around the globe. Some institutes may provide networking opportunities via virtual conferences and meet-up sessions with peers, experts, and mentors. These opportunities foster a sense of community amongst the students, which is crucial for online education.

4. Career Advancements

An online degree in B.Com empowers you to build a career in anything requiring business skills. A B.Com degree equips you with accounting, finance, economics, marketing, and more skills, which shall lead to jobs in sectors like banking, insurance, investment, finance, and taxation. If you want to advance your career or switch fields, this is the right course.

5. Variety of Specialisations

Currently, an online B.Com offers endless specialisations to students. Some institutes also provide the option of pursuing more than one specialisation at a time: banking and finance, banking and insurance, e-commerce, accounts and finance, investment, management, and more.

Skill Development: The Online B.Com Rewards

An online B.Com would enhance your skill with the speed of light. Don’t underestimate the power of knowledge and exposure. Here are some of the skills that top recruiters highly demand. You would develop these skills during your online B.Com coursework.

Soft Skills:

  • Communication

  • Time management

  • Problem-solving

  • Leadership

  • Teamwork

  • Adaptability

  • Critical thinking

Technical Skills:

  • Financial analysis

  • Accounting principles

  • Data interpretation

  • Market research

  • Business management

  • E-commerce tools

  • Taxation basics

Learning Technology-Driven Skills

In an era of digitalisation, it is crucial to hone technological skills. An online B.Com requires elaborate use of technological tools and resources. Engaging with highly relevant digital tools prepares you for the highly demanding workspace. Leveraging technology to grow your career shall empower you to achieve professional goals. This creates an environment where you gain business skills and learn to navigate technological shifts.

Choosing the Perfect B.Com Specialisation: Why It Matters?

An online B.Com programme with the right specialisation is essential. It would significantly influence your career growth and the opportunities that come your way. Choosing from a wide variety of specialisations can sometimes be overwhelming. Opting for a specialisation should be done based on your research of the market trends. However, once you find the right fit, having specialised skills would help you build a niche in the industry.

If you wish to pursue further studies, you must also remember this when selecting a specialisation. People with specialised skills gain a competitive edge over others. Employers would highly demand that you pick the right specialisation based on the job market trend and more.

Here is a short recap of why it matters to pick the right specialisation:

  • Boosts career growth

  • Influences opportunities

  • Choose based on trends.

  • Builds industry niche.

  • Key for further studies.

  • Competitive advantage.

  • High employer demand.

  • Higher salary potential.

Top Recruiters

Here are the top recruiters that you can begin your career with.

  • ICICI Bank

  • SBI

  • Deloitte

  • EY

  • Infosys

  • TCS

  • HDFC Bank

Career Prospects after an Online B.Com Programme

An online B.Com programme would open a broad category of job roles for you. The programme shall equip you with skills that may help you adapt to any role quickly. Some of the job prospects are

Job Prospects Average Salary-Highest Salary (In INR)
Internal Auditor INR 8.4 LPA – 13.27 LPA
Associate Portfolio Manager INR 8.6 LPA – 42.7 LPA
Tax Consultant INR 7.0 LPA- 11.0 LPA
Accountant INR 4.0 LPA-8.0 LPA
Junior Auditor INR 3.0 LPA -7.0 LPA

Conclusion

Do you want to take charge of your career aspirations and goals? Do you want to build a life in the corporate world that fits your interests? The online B.Com programme is an excellent choice. It equips you with diverse skills and knowledge and the ability to thrive in the ever-evolving global corporate setup.

Choosing the right programme can be stressful. Through this blog, we have tried to simplify the process for you. If you feel this programme is the right fit for you, then go ahead and apply. Nothing can stop you from achieving your dreams and goals.


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