The Importance of Studying BCom in Financial Markets

One of the most recently growing platform, Financial Markets grabbed the interest of the students aggressively as it offers a vast career option in the banking and financial sector in India. Bachelor of Commerce in financial markets, or BCom in Financial Markets is a 3-year undergraduate programme. The course focuses on the mechanisms that allow people to trade financial instruments like stocks, bonds, and commodities on the open market by learning about the debt and equity markets, financial assets, and foreign exchange markets.

Many students are interested in finance from an early age, so they may decide to major in it and have a fulfilling career. The Bachelor of Commerce in Financial Markets programme requires coursework in accounting, financial markets, financial instruments, and financial management. Additionally, a variety of occupations will be covered in the programme, giving students the chance to expand their knowledge and abilities. The main financial markets and how they impact the economy are the subject of the course.

To achieve the corporate goal in financial markets, students can complete their higher education via various modes available such as bachelor of commerce distance education, or online BCom in financial management apart from traditional learning systems. Many trusted well-known universities offer a vast range of UG/PG/Diplomas courses through online distance programmes.

BCom correspondence course would be a game-changer for those who are not able to attend regular classes or are unable to pay the fee of a traditional course. Bcom correspondence fees are cheaper than the regular degree courses and can be affordable as well as easily approachable. Online distance courses don’t demand regular classes, anyone from anywhere can learn and earn simultaneously.

Why One Should Gather a Degree in BCom in Financial Markets

Getting a B.Com. in Financial Markets has various advantages. You will be able to work in a variety of industries in addition to receiving an MBA/BBA. There are many career paths you can choose in this industry, such as financial consulting, management consulting, or investment banking. After receiving a B.Com in Financial Markets, you can continue your education by pursuing a further degree in accounting or finance, such as Chartered Accountancy.

Specialized Knowledge: B.Com. in Financial Markets offers in-depth knowledge of financial instruments, market operations, and investment strategies.
Career Opportunities: Graduates can pursue careers as financial analysts, stockbrokers, and investment advisors, or work in the banking and insurance sectors.
Understanding Market Dynamics: Students gain insights into how financial markets function, including stock exchanges, commodity markets, and foreign exchange markets.
Risk Management Skills The program equips students with risk assessment and management skills, crucial in the financial sector.
Analytical and Quantitative Skills: Graduates develop strong analytical and quantitative abilities, aiding in data-driven decision-making.
Adaptability: BThe degree prepares students to adapt to dynamic market conditions and regulatory changes.
Networking Opportunities: Students can build a strong professional network through internships and industry interactions.
Global Perspective: B.Com. in Financial Markets provides knowledge of global financial systems and international markets.
Entrepreneurial Opportunities: Graduates can venture into financial consulting or start their own investment firms.
Foundation for Further Studies:The program serves as a stepping stone for higher studies in finance-related disciplines like MBA in Finance or CFA certification.

Distance Learning BCom in Financial Management Course Duration, Eligibility, Fee Structure:

Important details about the online Bachelor of Commerce in Financial Markets program are mentioned below:

Course Duration

Typically, the distance BCom in Financial Management or BFM lasts for 3-6 years. The course is divided into 6 semesters, 2 semesters each year.

Eligibility

Private institutions offer a wide range of specializations, flexible scheduling, and rapid services. In comparison to a full-time degree from a top B. Com college or university, a distance learning or online B. Com degree is less expensive.

A recognized board's 10+2 in the commerce stream is a requirement for candidates.
To qualify for the program, they must have a minimum cumulative grade point average of 45% - 50%.

Fee Structure

Although, every college or university has its own rules and regulation to decide the fee structure based on their infrastructure, faculty, review, and rating. The average fee for BFM ranges between INR 8,000 – 30,000/ PA.

Latest Salary Trend and Job Profiles After Finishing BCom in Financial Management

The B. Com in Financial Markets degree provides a strong foundation in the fundamental business subjects of accounting, costing, law, and taxation. The goal of what you want to try to do after finishing your distance B. Com education follows next.

It will entirely depend on your abilities and passion for a given subject. Within the fields of financial planning, accounting, equity research, capital markets, stock markets, etc., you can choose based on your preferred subject.

Job Profiles	Minimum Average (INR)	Maximum Average (INR)
Accountant	2.48 Lakhs	5 Lakhs
Banker	3.61 Lakhs	8 Lakhs
Tax Consultant	5 Lakhs	9.2 Lakhs
Finance Consultant	5 Lakhs	10 Lakhs
Export-Import Manager	2.44 Lakhs	6.5 Lakhs
Insurance Consultant	3 Lakhs	5 Lakhs
Auditor	4.61 Lakhs	10 Lakhs
Stock Broker	3.93 Lakhs	8.11 Lakhs

Best University for Bcom Distance Education

By seeing the exceptional growth of online distance learning (ODL), a list of colleges added distance education courses to enroll in the new way of learning. Many well-liked universities offer distance B.com courses but Suresh Gyan Vihar University is among the top distance education providers in India.

Some of the Best Options After a Distance BCom in Financial Markets.

One of the most sought-after courses for students who have completed a distance learning Bcom is chartered accounting (CA) offers a crucial knowledge background for those interested in the CA curriculum.
An MBA in finance is undoubtedly another alluring professional path to take after completing a B. Com study, as having a background in finance education aids in effective course preparation.
A master's degree in commerce (M Com) is a specialized program that prepares students for careers in finance, accounting, economics, statistics, and other related fields.
The cost accounting course gives students the necessary practical experience to pursue careers as cost controllers, auditors, chief accountants, accountants, and chief internal auditors.

The course assists candidates in learning about the debt market, capital market, equity market, skill enhancement course, elective course, discipline elective specific course, ability enhancement course, technical analysis, financial derivatives, mutual funds, taxation (direct & indirect), macroeconomics, corporate and security law, professional communication skill, and information technology. One can transform from a layperson to someone who can quickly understand the fundamental ideas and workings that provide diversified career opportunities.