At-Risk Students And The Study Of Foreign Language In School Benefits of Taking a Bachelor of Commerce Degree

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Benefits of Taking a Bachelor of Commerce Degree

According to a recent report in Global Financial Monitor, employers are currently facing a talent shortage of financial and accounting professionals. This means that the job prospects for graduates with a business degree are quite promising. A Bachelor of Commerce or B.Com degree is designed to give students managerial skills in business-related disciplines such as marketing, finance, accounting and advertising among others. The degree is structured to provide competence in the principles of business and organizational behavior by focusing on core subjects such as statistics, accounting, law, economics, finance, marketing and cooperative education.

Advantages of a business degree

This is a degree that provides students with expert knowledge in various fields of business management and organization. Most universities have a program for this program that addresses the rapidly changing environment in innovation, international attention and aspects of market relevance in the business world. The degree acts a good transition from the academic world to the competitive and highly flexible business world. Here are some of the key benefits of this degree program:

• With a BCom degree, you are well prepared to succeed in self-employment and corporate employment. You can start your own business and run it professionally without having to pay for expert services like accountants or market consultants.

• There is a great job opportunity for the holders of this degree as every company or business needs a Manager, a business specialist or at least an accountant. There will never be a shortage of job opportunities in this field.

• Knowledge in accounting provides you with an ability to understand and analyze financial reports and how they generally affect a business. A good knowledge in cost and management accounting techniques is critical in decision-making processes, as well as in planning and evaluating the performance of a company’s business activities. Knowledge provides a good foundation in auditing and local and international taxation principles.

• Students who have chosen to study finance in this degree program have an in-depth understanding of the financial management role of a business firm. They can calculate financial ratios and understand how successful companies raise capital, choose profitable investments and analyze risks. The program also provides you with a good understanding of how the securities markets operate and how to build an attractive company portfolio.

• Human resource management is another option provided in this degree course. This option prepares students with the necessary skills to identify, analyze and find solutions to problems related to human resources activities. It covers important organizational processes such as recruitment and selection of employees, talent hunting, promotions, employee welfare and the application of the work safety process in a company, among others .

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