Listen to me. It is not a question of whether HR is a good field or Accounts is a good field.
My Story: Transition from HR to Accounts
Listen to my story which is very well related to your story. In 2004, I completed my BCom and was searching for a job, doing all odd jobs like small secretary/office assistant roles. Then, I got an opportunity with a very big MNC as an HR assistant and joined that company. The HR department motivated me to complete my PGDHRM from Symbiosis through distance learning in just 2 years on my first attempt. However, my struggles began after that. I was not able to secure a proper HR job; almost all HR positions were filled, or openings were filled internally. In reality, there is not much in HR – anyone can do HR, but not everyone can do accounts.
After working as an admin/secretary assistant and feeling frustrated with my job, as I was unable to land a good HR job or HR generalist role despite my HR experience, I, like you, found an opportunity in accounts. I applied and now work as an accounts assistant in a government organization. My basic qualification, BCom, now provides my bread and butter. Over the past year, I have learned a lot about accounts, taxation, salary matters, and everything else related to accounts. My pay is good as well.
Advice on Career Choices
If you don't have a job at hand, instead of waiting, consider trying a different job. If you don't like it, you can always make a change. Accounts is not a bad field; accountants have significant authority in processing bills and payments. If the salary in an accounts job is good, you should consider taking it.
Vaibhav mentions that finance companies prefer CAs, but that is only one aspect of accounts. Not every accountant is a CA; accountants can hold qualifications like BCom, ICWA, CA, CS, MCom. Similarly, not all HR professionals have an MBA from IIMs; some have backgrounds in BCom, MBA, PGDHRM, etc. I hope this clarifies things for everyone.
Preparing for PSU Jobs
Regarding jobs in PSUs, it would be wise to start preparing for competitive exams.
Kind regards