B.Com (Hons) or Eco (Hons) - Making the choice..
Two of the most-sought after courses B.Com (Hons) and Economics(Hons) create a lot of buzz each year due to their sky-high cut-offs during the admission season and have been known to perplex the admission-seekers a great deal as to which one of them is the better one to settle on. There's a world of difference between the two pertaining to core subjects, job opportunities and market value. The choice between the two entirely depends upon the applicant's interests and career plans.
The 3-year undergraduate course, B.Com (Hons), is a business-oriented degree offering specialization in a wide range of managerial skills. The theoretical and practical components of the course aims at developing students' business acuity and prepares them for pursuing advanced research in the discipline. It provides in-depth knowledge in areas like accounting, finance, management, taxation and economics. The discipline opens up amazing career avenues with Accountant, Tax Consultant, Company Secretary, Business Analyst as some of the advanced options. Various companies employ students in their study years itself which gives them an edge over. The salary after completing the program ranges from Rs 25,000 to Rs 45,000 pm, which increases with experience.
After B.Com -
- - M.Com or MBA
- - B.Com gets you a direct entry into the second level of professional courses like CA, CS.
- - Acturial Science- This course requires high mathematical and statistical skills and defines career in Insurance sector.
- - Govt. exams for IES, SSC, Bank PO, clerical level can be taken up.
Economics (Hons), the much-hyped 3-year undergraduate course offers specialization in the subject. The course suits the best to the students who possess quantitative aptitude, analysing skills and logical thinking. The study includes macro and microeconomics, statistics, history of economics, political economy etc. The field offers a plethora of career options in public as well as private sector including Banking, Stock Market, Consultancy Firms, amidst others. Graduating from a reputed college can hand you a job with salary around Rs 50,000 pm.
After Eco (Hons) -
- - Masters or an MBA
- - The IES, the Reserve Bank of India and PSU's offer prestigious government jobs.
- - Bachelors followed by LLB sets you up for Corporate Law.
- - Economic Journalism- Analysing world economy and having your ideas published in magazines.
- In a nutshell, both degrees provide equivalent stature and exposure. You must consider your interests and future ambitions before choosing a course. Your compatibility with the subject matters the most. All the best!