B.Com in Financial Markets is a triennial undergraduate degree. Numerous private, governmental, as well as semi-governmental colleges and universities across the country, cater the specialised 3-year degree to interested candidates. The financial market is a marketplace that allows trading of financial securities, ranging from bonds and stocks to commodities. There are dozens of distinct financial markets in the world, each with their own unique set of specifications. An undergraduate degree in Financial Markets allows candidates to get a fundamental knowledge of the prominent financial markets as well as assist an organisation to enter the financial market.
Though the B.Com in Financial Markets programme is available as a full-time course, some select institutions offer it as a part-time course too. In order to provide candidates with a hands-on experience, the course of study assigns candidates with regular practical work and project work. Each of the 6 semesters of the programme sums up with a semester-end examination, meant for assessing the performance of candidates.
Candidates with an interest in finance and investments are ideal to pursue B.Com in Financial Markets. Students need to have completed the Class 12th examination in Commerce or non-medical stream to apply for the course of study. Students get an admission to the programme based on marks secured in the Class 12th examination.
After the successful completion of B.Com in Financial Markets degree, candidates can either go further studies or choose a specific career profile. There are a number of job profiles available for Financial Markets graduates. These candidates are adept at carrying out strenuous market research and analysis.
Candidates interested in pursuing B.Com in Financial Markets degree need to be adept at managing limited resources. In addition, they need to be good at time management. Having good communication skill is also necessary to pursue a course in Financial Markets. All essential skills required for successfully pursuing B.Com in Financial Markets degree are:
There are several opportune job profiles available for candidates with B.Com in Financial Markets degree. Aside from working as finance controllers and finance managers to financial planning consultants, Financial Markets graduates can also look for jobs like Financial Markets tutors and research associates. The following list enumerates some of the most opportune job profiles available for candidates holding B.Com in Financial Markets degree:
Candidates with a degree in B.Com in Financial Markets are apt for providing services as a finance controller. Overseeing the accounts department of an organisation and ensuring that everything goes as per the organisational plans is the primary task of a financial controller. In big organisations, the role of a finance controller is more of an administrative type.
At times, finance controllers need to work in line with other departments of an organisation. They are responsible for tracking down the performance of individual departments. Overseeing tax issues, contributing to financial strategy, and preparing insightful reports are some of the day-to-day tasks carried out by a financial controller.
The primary task of a finance officer is to administer the whole accounting operations of an organisation and ensure it meets all legal requirements. It is a great job preference for candidates with B.Com in Financial Markets degree. Finance officers are responsible for preparing audits, budgets, and invoices.
Finance officers take care of bank reconciliations, accounts payable, and accounts receivable. These professionals need to put their organisational skills at work to deal with time-stringent tasks. Keeping accurate records of daily transactions, preparing balance sheets, update internal systems with financial data are some of the many job responsibilities of a finance officer.
There are two types of market advisors, independent and restricted. While independent financial advisors (or IFAs) conduct research for all retail investment products or providers for a client, restricted market advisors are limited to focus only on a particular set of products or services. The job profile of a financial market advisor is ideal for B.Com in Financial Markets graduates.
Setting up meetings with clients, conducting in-depth reviews of clients’ finances, undergoing a strenuous analysis and research work in a specific marketplace, producing financial reports, and liaising with financial service providers are some of the job responsibilities of a financial market advisor.
Another lucrative job opportunity for candidates with a B.Com in Financial Markets degree is that of a financial market analyst. Cash reconciliations, daily modelling, monthly reporting, and report production, payment date accounting, and financial analysis are some of the tasks associated with the profile of a financial market analyst.
The exact role of a financial market analyst depends on the stature and type of the organisation. Financial market analyst receives a decent pay check for their consummate services.
In addition, candidates with a B.Com in Financial Markets degree can choose to work as credit and cash managers, financial planning consultants, financial planning managers, financial research managers, insurance managers, money markets dealers, risk managers, trainee associates, and treasurers.
Interested candidates need to have successfully completed the Class 12th examination in Commerce or non-medical stream. There are no age restrictions for pursuing a B.Com in Financial Markets degree. The full eligibility criteria for pursuing B.Com in Financial Markets degree are:
A completed Class 12th examination in Commerce or non-medical stream from a recognised state education board with at least 55% marks in aggregate or an equivalent CGPA
Though most institutions provide admissions based on merit, i.e. marks secured by students in Class 12th examination, some premier institutions require candidates to have appeared and cleared specific entrance examinations to join the undergraduate course.
B.Com in Financial Markets degree aims at producing proficient candidates that can assume various responsibilities related to financial markets. The undergraduate course lasts for a term of 3 years, divided into 6 semesters. During the entire triennial programme, candidates learn about fundamentals and advanced topics related to business, commerce, and financial markets.
After completing B.Com in Financial Markets degree, candidates can provide their services on a full-time as well as part-time basis. Candidates not interested in working after the completion of the course can advance their knowledge by enrolling in courses that provide higher studies.