You recently received your B. Com degree from one of the top B. Com colleges in India, and now you want to continue your education to earn a higher degree. You may be perplexed as to what I can do after earning a B.Com degree. Do not worry; we have you covered. You can find some of the top post-graduation courses after B.Com you can enroll in following a B. Com in this article.
For a commerce undergraduate today, a B.Com degree is useful, yet it is insufficient. Finding high-paying careers after B.Com is challenging if you choose the wrong courses. You can learn more on this website about the top options in terms of higher education. After receiving a B. Com, earning a degree does not ensure a fulfilling profession. One needs to pursuetop post-graduation courses after B.Com or professional qualification to get a permanent career.
Students with a B.Com degree have a variety of employment options available to them, but not all graduates are aware of the numerous professional paths they may take. Let's discuss several options for a career after B. Comyou might consider if you want to land a good job after finishing your B.Com.
Master of Business Administration
One of the most sought-after post-graduation courses after B.Com available to students and among the best programs after graduating from any subject—not just commerce—is the MBA. Depending on the specialization you choose, this course will teach you how to manage every aspect of a firm.
You must ace the CAT, or Common Admission Test, to qualify for an MBA. Your CAT score determines which MBA school you will attend. One of the best post-graduation courses after B.Com is this. You are advised to seek an MBA once you have completed two to three years of employment.
With a starting salary ranging from 5 lakhs to 25 lakhs per year depending on the institution you graduate from and one of the top degrees after a B. Com, numerous multinational firms hire recent MBA graduates.According to the pay scale, an MBA graduate in India makes an average of 7.2 LPA.
Digital Marketing
Both a short-term (3 months) and long-term (6 months) format are available for this course. Digital platform marketing has transformed the field of marketing and can provide you with the successful career you've always wanted.
Internet marketing is without a doubt one of the most sought-after careers after B. Comtoday if you have the motivation and desire to pursue a career in this field. With the knowledge you gain from this course combined with what you learn from top B. Com colleges in India, you will be well on your way to a successful career.
You can start your firm and operate as a freelancer thanks to the marketing field. You might start running websites that offer financial advice, such as tax deductions, investment options, credit card use, and other topics, by mastering the fundamentals of online marketing.
CA - CHARTERED ACCOUNTANCY
As one of the best careers after B. Com, the first course that typically comes to mind is CA. One of the best post-graduation courses after B.Comoptions is CA. In contrast to an MBA, CA courses are much tougher but offer a career that is matchless. The three stages of CA are IPCC, CPT, and CA Finals. You will become a certified chartered accountant after passing all three tests and finishing a 2.5-year internship. It is possibly one of the best post-graduation courses after B.Com.
This program can lead to jobs with multinational organizations throughout India and abroad. One of the best courses to take after a B.Com is the CA program since you may utilize your degree to start your own CA firm. The average salary for CA students in India is Rs. 7.9 LPA.
BAT (Business Accounting and Tax)
For those who want to work in accounting, this course is best for you. Anybody that you ask aboutcoursesafter B. Com would almost definitely suggest this. This course's main objective is to arm you with knowledge of accounting, reporting, compliance, taxation, and MIS. Working with state-of-the-art accounting software will be required. By being accepted into this course, you have unquestionably enhanced your professional career.
You will be able to choose from a wide range of potential professional options after completing this demanding course, including corporate accounts executive, legal assistant, tax consultant, financial manager, company law assistant, and tax analyst, to name a few. For BAT students, the standard salary is about Rs. 4 LPA.
CMA (Certified management accountant)
After earning your bachelor's degree, getting your CMA is the best option if you want to work abroad. You must complete two levels of exams and have two years of work experience to participate in this program.
The Certified Management Accountant (CMA) professional certification degree is another one that is granted by the Institute of Management Accountants in India. Accounting management and managerial finance are the two divisions. Your knowledge and expertise in areas including analysis, financial planning, decision support, control, and professional ethics are demonstrated if you hold this qualification. You need to pass two phases of exams and have two years of work experience to become a CMA-certified practitioner.
You'll be able to work in organizations of all sizes and across a range of industries once you've earned your CMA certificate. There is always a need for CFA-certified employees in public and private businesses, not-for-profit organizations, research universities, US government agencies, and international corporations.
Cost Accounting
Enroll in this course if you're interested in learning more about asset management, cost management, budgeting, and performance evaluation. Creating financial planning for businesses is a cost accountant's main duty. The creation of financial reports is one of their main duties.
Cost accounting is a great choice for post-graduation courses after B.Com because it is an occupation that is both bright and successful.
Financial Risk Management (FRM)
FRM is a fantastic option for a recognizedB. Com degree holder in banking and finance.
The Financial Risk Manager (FRM) credential is provided by the Global Association of Risk Professionals (GARP). It serves as the industry benchmark for risk and financial management. If you obtain this certification, it demonstrates that you are knowledgeable about risk management concepts in the dynamic financial sector of today. This nine-month course has an extremely short duration.
To earn your FRM certification, you must complete the GARP FRM Program. Exams are frequently administered twice, between May and November. FRM is one of the best courses after b.com.
A Financial Risk Manager's primary duty is to identify and evaluate risks to the company's assets, earning potential, and market performance or success. Financial risk managers can work in sales, loan origination, marketing, private banking, trading, credit/market risk, and financial services.
Business Correspondent Courses
Excellent abilities in this field are required for a profitable career in banking and financial services; these skills can be learned through business correspondent courses. You need to first comprehend fundamental financial concepts, client relationships, and other concepts to have good work.
Banks will use you to expand their reach quickly and inexpensively. Experience and abilities play a bigger role in remuneration; the more competent you are, the better package you may expect from banks.
Certified Financial Planner
CFP is one of the best courses after B. Com. It lasts six months and offers graduates job opportunities like those of an insurance consultant and financial counsellor. A certified financial planner offers his clients advice on matters including investing tactics, insurance selections, tax considerations, and specialist financial direction.
Skills in areas including taxes, financial planning, estate planning, insurance, and retirement planning are recognized by the CFP certification. To obtain this certification, you must meet four formal requirements: educational qualifications, CFP exam results, required work experience, and specified professional ethics.
Conclusion
People acquire knowledge to get employment in the future. If you want to have a successful career, it might not be a good idea to take jobs as a career after B.Com. The pay for a B. Com graduate will be incredibly low.
Enrolling in one of the career-enhancing programs recommended in this article is therefore advised. They are necessary if you want to have a fulfilling and well-paying career.
FAQs
Q1. What degree comes after a B. Com?
Master of Commerce: The most well-liked course following B. Com is theMaster of Commerce or M.Com.
Q2. Is M. Com superior to MBA?
Students who desire to study commerce and work in accounting, finance, or taxation should consider getting an M.Com. An MBA degree, on the other hand, offers more varied job options, including management, consulting, entrepreneurship, and company development.
Q3. Can a student of B. Com pursue MCA?
You can enroll in an MCA program after earning your B. Com. To be eligible for an MCA, a candidate must hold a bachelor's degree in business, science, engineering, or a related field from an accredited university or institution.
Q4. Is an MBA more difficult than a CA?
An MBA course is far easier than a Chartered Accountancy (CA) program. Compared to CA, the Master of Business Administration (MBA) is not as challenging. Students who want to become CAs must take courses in financial accounting, business environment, auditing, reporting, general management, and taxation, among other things.