Careers In Commerce
Careers In Commerce
With globalization opening the pathway for innumerable job opportunities for commerce graduates, they now have many more options to choose from than before. Graduates can choose to start working in various industries such as IT/ITES, healthcare, travel and tourism and media being a handful of them or pursue higher studies if desired. Jain University has successfully placed its students in many prominent and respectable companies to kick start their careers.
One can choose from an array of sectors based on their competency and preferences. The various sectors that hire commerce graduates and their successful placements from Jain University in prominent companies are listed below.
Banking, Financial services and Insurance (BFSI) is an industry term for companies that provide a range of financial products/services such as universal banks. Banks hire fresh graduates often after a bank examination. You can get a job in any bank by registering on the banks websites or by following the employment news. As a financial consultant you can advise one on the savings, retirement planning, financial planning about the future, etc. and can save them from the future money crisis. After B.com in Banking and Insurance, you can work in the Insurance Industry as an Insurance Advisor or Insurance consultant.
HDFC Bank Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd., Aditya Birla Finance Aditya Birla Money, ICICI Pru AMC, IDBI Bank, Tata Capital Financial Services Ltd., LIC housing finance, SBI General Insurance are a few top brands among several others where students are recruited from Jain University.
Retail Management is the process which helps the customers to acquire the desired merchandise form the retail stores for their personal use. It includes all the steps required to bring the customers into the store and fulfill their buying needs. This is a booming sector where one can show their managerial skills. There is immense scope for fresh graduates. The various job positions offered are store managers, retail manager, analyst, customer care executive, brand manager, etc.
The retail joints where our students have been placed include Target Corporation India Pvt. Ltd., LANDMARK - MAX Retail Division, LANDMARK (LIFESTYLE INTERNATIONAL), Tesco (INFINITI RETAIL LIMITED).
Telecom Industry contributes around 2.5% i.e. a very huge growth and in future this figure will keep on increasing, so ultimately this sector will cover a huge area in future and it will have a vast scope. One can be in marketing, sales and management for telecom companies.
Healthcare has become one of India’s largest sectors - both in terms of revenue and employment. Healthcare comprises hospitals yet another industry which has a huge market in India as well as worldwide. A commerce graduate can work in various avenues of healthcare management such as management, marketing and sales. The companies where commerce graduates of Jain University have been successfully placed are Quintiles IMS, TTK Services Pvt. Ltd., Novo Nordisk Service Centre India Pvt. Ltd., Kerry Ingredients, Med Plus Health Services Pvt. Ltd. and Portea Medical.
Real Estate is a sector full of challenges but is also very promising. A career in real estate requires all the skills needed for managing an independent business. This sector offers jobs for positions such as real estate sales executive, property managers and estate managers to name a few. C B Richard Ellis South Asia Pvt. Ltd., Four Clover Realty Pvt. Ltd., KEF HOLDINGS, JLL, Millward Brown, COLLIERS and Cushman & Wakefield India are a few top brands among several others where commerce graduates have been recruited from Jain University.
Hospitality includes management of hotels, restaurants and travel and tourism organizations. Marketing, Accounts and Costing subjects will help you a lot in running hospitality joints. Good communication skills are a pre-requisite for this industry since customer satisfaction is their primary goal. The hotel conglomerates where commerce graduates of Jain University have been successfully placed are ITC Hotels, Coffee Day Global Ltd., Sterling Holiday Resorts India Ltd. and the Oberoi Group.
E-Commerce is more than just buying and selling products online. It also includes the entire online process of developing, marketing, selling, delivering, servicing and paying for products and services. India has shown tremendous growth in the E-commerce segment. Marketing, business analyst, customer services and sales are the prominent careers one can opt for.
The E-Commerce companies where commerce graduates of Jain University have been successfully placed are Swiggy, Prione Business Service Pvt. Ltd (Amazon JV), Amazon India Pvt. Ltd., Zelo, Giftxoxo, Ibibo Group Pvt. Ltd. (Redbus.in), Info Edge India Ltd. (99acres.com), Rediff.com India Ltd., Grofers India Pvt. Ltd., Ninjacart.in, Automotive Exchange Pvt. Ltd. (Carwale.Com), Reliance Retail (e-Commerce Division), Zomato, Nearbuy, Quikr India Pvt Ltd., Bookmyshow.com, Paytm and MakeMyTrip.com.
Consumer Durable goods are increasing with the continuous inflow of disposable income and the advancement of technology. As multiple brands launch their products, competition among them has increased as well paving the way for numerous job opportunities for fresh commerce graduates. One can work in marketing, sales, as an analyst and also in human resources.
Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information, goods and services from origin to destination. The various job profiles available are in marketing, sales, as an analyst and also in human resources. They recruit many fresher graduates for such positions.
FedEx Express Services (India) Pvt. Ltd., Kuehne + Nagel Pvt. Ltd., Gati-Kintetsu Express Private Limited (GATI-KWE), Blue Dart and Toyota Logistics Kishor India Pvt. Ltd. are among the top logistics companies where graduates of Jain University have been successfully placed.
Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at relatively low cost. Examples include non-durable goods such as soft drinks, toiletries, over-the-counter drugs, processed foods and many other consumables. Management trainee, data and research analyst, sales executive, etc. are the available job profiles.
IT/ITES - Information Technology Enabled Services. This falls within IT but majorly focuses on service delivery. The various job profiles available for commerce graduates in ITES are service desk analyst, production support analyst and IT analyst.
Manufacturing has emerged as one of the high growth sectors in India. Prime Minister of India, Mr. Narendra Modi, had launched the ‘Make in India’ program to place India on the world map as a manufacturing hub and give global recognition to the Indian economy. These companies definitely need commerce graduates for costing, taxation, accounting, sales and marketing. A fresh B.com graduate can work as Administrative in any type of industry.
The manufacturing companies where commerce graduates of Jain University have been successfully placed are Bosch Ltd., Titan Industries Ltd. and John Distilleries Pvt. Ltd.
Research and consultancy includes tax consultancy, financial consultancy, research and business analyzing and many such for commerce graduates. As a market researcher, your work is to do market research and let know the company about the market trend, market competitors before launching any new product or before taking any important decision. Taxation is taught in college itself, after graduation you can work as a tax consultant with any firm and get some experience. Later on you can independently work as a Tax consultant or start your own firm.
KPMG India, PricewaterhouseCoopers Service Delivery Center Pvt. Ltd., Morgan Stanley Solutions India Pvt. Ltd., State Street Services India Pvt. Ltd., JP Morgan Services India Pvt. Ltd, Societe Generale Global Solution Centre Pvt Ltd., Goldman Sachs Services Pvt. Ltd., eClerx Services Limited, S&P Capital IQ, Axis Risk Consulting, Wells Fargo Centre, D E Shaw, Credit Suisse, H&R Block (India) Pvt. Ltd., STCI Primary Dealer Ltd., Bain & Company India Pvt. Ltd., Futures First and Third Bridge Group Limited are the many research and consultancy firms where young commerce graduates of Jain University have been successfully placed. Many companies have recruited our commerce graduates for market research in advertising as well such as Borderless Access Panels Pvt. Ltd., Capital Via Global Research Ltd., AXA Business Services Pvt. Ltd., IMRB International, Ducker Worldwide Management Consulting Pvt. Ltd. and CBE India Pvt. Ltd.
Media and Entertainment has always been an evergreen industry. It is almost recession proof. It has many jobs as well as challenges. Media companies require graduates to perform managerial functions, for advertising, public relations, human resources and marketing.
Entertainment Network (India) Ltd. (Radio Mirchi), Verse Innovation Pvt. Ltd., Madison Communications - Out Of Home (OOH) Group, IDG Media Pvt. Ltd., Atria Convergence Technologies Pvt. Ltd., AIR Info systems Pvt. Ltd., Tam Media Research Private Limited and Time Analytic & Shared Services Pvt. Ltd. are among the several media companies where our students have been placed.
The career opportunities for commerce graduates are innumerable. They can choose to start working in any of the above industries as per their choices and gain real-life experience or pursue post-graduation, certification course and diploma courses to expand their expertise. A commerce graduate should be aware of the different careers he can choose from and carefully choose the industry and job profile he thinks is suitable for him.