Now, if you’re wondering how much graduates of BCom get paid in Kenya, below is a guide to bachelor of commerce salary in Kenya…
Bachelor of commerce salary in Kenya…
The average pay- according to our market survey- for a BCom(Bachelor of Commerce) holder in Kenya is between Ksh 300,000.00 (at Kshs.25000 per month) to Kshs. 1,200,000((at Kshs.100000 per month) per year.
That said, your actual salary will depend on many factors, including how good you are (your skills), your experience(you will be paid more as you get more experienced), and finally the industry you’re working in (Telcos, investment banks, and other big companies pay more than say ordinary banks or small consultancies).
You may also be paid more when working in Nairobi compared to other cities like Nakuru since the cost of living in Nairobi is higher…
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More about Bachelor of commerce salary in Kenya…
That is not to say that you have to be paid the above amounts forever or that everybody earns between Kshs.25000 to Kshs.100000 per month..
No…it is far from that.
In fact, there are some guys who are paid over Kshs.200000 just a few years after they start working (take for example guys working for international finance firms with offices in Kenya such as PricewaterhouseCoopers, the UN, or somebody working at a high end multinational such as General Electric)
On the other hand, internship positions do not pay much (Kshs.10000-Kshs.15000 mostly) now that the company assumes you’re a learner – and that you’ll gain valuable experience that you can use to bargain for a bigger pay when attending real job interviews in the future.
Some even do not pay you anything – but seeking internship positions is a good step especially if you are fresh from the university as you need to build your CV.
Breakdown of what you may earn depending on the position you hold (estimates)
Financial analyst jobs in investment companies and investment banks: Between Kshs. 300,000.00 – Kshs. 1,200,000 per year
Auditor (internal auditing positions in audit firms, some banks, SACCOs, utility companies such as Nairobi water, etc.) : Between Kshs 250,000.00 – Kshs.600,000.00 annually.
Accounting jobs such as accounts assistant (and other entry level bachelor of commerce finance option jobs in Kenya: Between Kshs. 240,000.00 – Kshs. 500,000.00 per year
Marketing manager jobs (Bcom marketing option): Between Kshs. 600,000.00 – Kshs. 1,800,000.00 per year
Human resources manager positions (BCom- Human resource option holders): Between Kshs. 600,000.00 – Kshs. 1,500,000.00 per year
Bachelor of commerce requirements in Kenya
If you would still want to go ahead and do a Bcom, below are the minimum requirements- the requirements may be higher if applying to be a government sponsored student through KUCCPS due to competition:
- KCSE aggregate grade: C+
Mathematics and English- have at least a C(C plain)
Alternative entry requirements:
You may also be accepted with the following (any)
- Another Degree from any recognized university
- A Diploma in any relevant field (E.g. Business Management/Business administration/Human Resources) from any recognized institution
- KASNEB CPA/CPS + at C (plain) mean grade at KCSE along with a C grade (plain) in Maths and English.
- C- (KCSE Mean grade) PLUS a Certificate and a Diploma in any relevant field (E.g. Business Management/Business administration/Human Resources) from Kenyatta University or other accredited Institutions.
The pay for BCom holders is between Kshs. 300,000.00 (at Kshs.25000 per month) to Kshs. 1,200,000((at Kshs.100000 per month) per year.
But you may earn more depending on where you’re working (industry and town) and your expertise and skills.