Important Facts
College Vidya Team Aug 27, 2024 2.5K Reads
Bachelor of Commerce (B.Com) is a 3-year undergraduate degree in Commerce. Students who have a keen interest in Commerce can pursue this program. Some of the most prestigious universities offer this degree in both modes on-campus B.Com as well as online B.Com.
The degree provides a broad overview to the students in accounting, marketing, management, taxation, and finance.
Since it is a bachelor's degree, it equips students with the fundamental knowledge of commerce but if they want a flourishing career with a competitive salary, students need to pursue courses that will advance their knowledge and skills.
Here is the list of top courses that can be pursued after completing B.Com for a better career perspective.
Master of Business Administration (MBA) is one of the most sought-after postgraduate programs, offering increased knowledge and abilities in an array of business management and related areas to the students.
The MBA program stretches for two years and includes a wide range of topics, including strategy, leadership, operations, marketing, and finance.
Upon completion of the B.Com degree, pursuing a master's program in MBA serves as an excellent option for students to extend their knowledge and career prospects.
With a B.Com degree students already possess a strong understanding of accounting, finance, economics, and other business-related disciplines.
These subjects will be covered more extensively in the MBA program, along with industry-relevant subjects including marketing, operations management, organizational behavior, strategic management, and entrepreneurship.
The program equips students for leadership roles in a wide range of industries by fostering critical thinking, problem-solving, and decision-making skills.
In order to develop practical competence, MBA students frequently integrate academic principles into real-world circumstances through case studies, group projects, and internships.
Apart from pursuing the MBA program in regular mode, students can for an Online MBA from some of the most prestigious and highly accredited universities in Online Mode. The Online MBA offers significant flexibility to the students to manage academic learning as well as other obligations.
Working professionals who cannot afford to leave their jobs to pursue an MBA program in regular mode to elevate their careers can join an Online MBA program.
Furthermore, MBA programs offer a wide range of specializations to the students allowing them to comprehensively develop the understanding of their interest areas.
These specializations provide networking opportunities that prove to be invaluable, connecting students with industry professionals, alumni, and potential employers.
The top specializations of MBA programs that widen the skills and expertise of learners are mentioned below.
These specializations are the same for regular as well as Online MBAs.
Students interested in an MBA program must fulfill the minimum eligibility criteria.
The eligibility criteria for this program are mentioned below -
OR
Upon Completion of the MBA program, students can choose a wide range of job profiles that are not only highly remunerative but also some of the highest managerial positions in the organizations.
Some of the most preferred job profiles are mentioned below -
Job Profiles |
Average Salary |
Marketing Manager | INR 13.76 LPA |
Operations management | INR 8 LPA |
Financial Management | INR 14 LPA |
Sales Management | INR 9 LPA |
Project Manager | INR 19.5 LPA |
Some of the highly accredited and most prestigious Institutions and Universities offering MBA programs are mentioned below -
In conclusion, MBA provides thorough information that improves employment opportunities, eases career transition, and promotes both professional and personal development.
It gives them the skills as well as the knowledge needed to thrive in the fast-paced, competitive corporate world.
After completing a Bachelor of Commerce (B.Com), pursuing the Chartered Accountancy (CA) course can be a strategic step towards a rewarding career in accounting, finance, and business advisory.
In the accounting and financial fields, the CA qualification is highly regarded and acknowledged on a global scale.
The CA course is offered by the Institute of Chartered Accountants of India (ICAI) and incorporates three levels: Foundation, Intermediate, and Final.
You already have an extensive understanding of accounting fundamentals from your B.Com. background, which will be an ideal foundation for the CA course.
Numerous subjects are included in the CA curriculum, including Corporate Law, Business Strategy, Accounting, Auditing, Taxation, and Financial Management.
The goal of the CA course is to help aspiring professionals strengthen their technical expertise, analytical skills, and ethical values through intensive training and assessments.
The opportunity to obtain real-world experience through articleship training is one of the main advantages of pursuing the CA program after completing a B.Com.
Students acquire hands-on expertise in auditing, taxation, and other areas of practice while working under the supervision of experienced chartered accountants during their articleship.
Students are eligible for the esteemed "Chartered Accountant" designation once they have completed the CA course and fulfilled the necessary prerequisites for practical training.
Chartered accountants can choose from a wide range of career options, such as entering the corporate world, working in public practice, or starting an accounting firm of their own.
The students willing to enroll in the Chartered Accountancy Program must fulfill the minimum eligibility criteria by the Institute of Chartered Accountants India (ICAI).
The eligibility criteria are -
Chartered Accountancy offers rewarding and highly remunerative career options to the students after its completion. With the knowledge and expertise gained during the program, they can choose various high-paying job profiles at the most important positions in the organizations.
Some of the most preferred job profiles are mentioned below -
Job Profiles |
Average Salary |
Chartered Accountant | INR 10.5 LPA |
Tax Manager | INR 21.4 LPA |
Company Auditor | INR 20.68 LPA |
Investment banker | INR 11 LPA |
International Accountant | INR 8 LPA |
Overall, the CA program offers a pathway to a demanding and fulfilling career in finance and accounting, with opportunities for career growth and advancement as well as the ability to have an enormous influence on the business community as a whole.
A Master of Business (M.Com) degree may serve as a natural progression for someone who has completed a Bachelor of Commerce (B.Com) with the intent to further their understanding of advanced subjects in business and related fields.
This is a 2-year postgraduate program. This program offers an opportunity to explore new areas of interest in addition to a more specialized and in-depth study of topics covered in the Bachelor of Commerce (B.Com).
Students with a B.Com background probably already have a strong foundation in courses like accounting, finance, economics, and business management.
Expanding this base, the M.Com program offers advanced courses in business law, economics, auditing, taxation, financial management, and research methods.
One of the main advantages of pursuing the M.Com program after a B.Com program is the opportunity to focus on a specific area of specialization in business.
Numerous Master of Commerce programs provide elective courses or specialization tracks that let students concentrate on fields like international business, marketing, human resource management, entrepreneurship, accounting and finance, or international business.
By equipping students with advanced skills and expertise that are highly desired by companies across a wide range of industries, the M.Com degree may boost their career avenues.
Whether the student aspires to make a career in accounting, finance, banking, consulting, or academia, the M.Com degree can help them access an array of options and roles with greater authority.
Furthermore, students can pursue an Online MCom from one of the best universities without changing their schedules and other obligations.
With the help of online mode, working professional who cannot afford to leave their current jobs can balance their academic learning and professional journey together. The degree obtained upon completion of the online M.Com program is equal to the degree obtained in regular mode.
The online M.Com program provides flexibility and time management in learning.
The specializations available in this program are similar for both Online M.Com as well as Regular M.Com.
Students will acquire the same level of knowledge and expertise in both modes.
Students willing to enroll in a Master of Commerce (M.Com) after completing Bachelor of Commerce must fulfill the eligibility criteria mentioned below -
The M.Com after B.Com extends the knowledge and skills of the students and deepens their understanding in management, accounting taxation, and marketing, increasing their job prospects.
Job Profiles |
Average Salary |
Accountant | INR 10.45 LPA |
Tax consultant | INR 6 LPA |
Accounting Assistant | INR 5.5 LPA |
Financial risk manager | INR 15 LPA |
Financial Analyst | INR 6.5 LPA |
In Conclusion, you can expand your career options, get more in-depth knowledge, and set yourself up for success in the ever-changing and dynamic area of commerce by pursuing M.Com after obtaining a B.Com degree.
Pursuing the Company Secretary (CS) program after obtaining a Bachelor of Commerce (B.Com) is a strategic step toward a specialized profession in corporate governance, legal compliance, and corporate secretarial procedures.
The CS program, regulated by the Institute of Company Secretaries of India (ICSI), offers a comprehensive curriculum covering company law, corporate governance, ethics, legal compliance, financial management, and business strategy.
A B.Com background acquaints students with a good foundation in accounting, finance, and business fundamentals, which are beneficial for the CS course.
Based on this foundation, the CS program explores corporate management and administration from a legal and regulatory perspective in greater detail.
Numerous career possibilities in the public and private sectors are available to the students completing the CS program.
Upon completion, students can work as regulatory affairs managers, compliance officers, company secretaries, corporate lawyers, or consultants in corporate governance.
Furthermore, Company Secretaries are essential in making sure businesses follow legal and regulatory requirements, maintain corporate governance standards, and reduce the risks of non-compliance.
Upon Completion of the Company Secretary Course, students can choose some of the high-paying job roles at the important positions in the organization.
Some of the most popular job profiles are -
Job Profiles |
Average Salary |
Chief Administrative Officer | INR 14 LPA |
Legal Advisor | INR 6 LPA |
Company Registrar | INR 13 LPA |
Corporate Policymaker | INR 4.5 LPA |
Arbitration and Conciliation | INR 8 LPA |
The CS designation is accepted throughout the globe, providing opportunities for career progression. All things considered, pursuing the CS course after obtaining a B.Com.
gives people the specific knowledge and abilities needed to succeed in the fast-paced, constantly evolving sector of corporate governance and compliance.
After completing a Bachelor of Commerce (B.Com) degree, pursuing the Chartered Financial Analyst (CFA) program is an excellent decision for anyone seeking to pursue a career in finance and investment analysis.
The CFA Institute oversees the three rigorous exam levels for the globally accepted CFA charter, which encompass investment tools, asset evaluation, portfolio management, and wealth planning.
Gaining a strong foundation in accounting, finance, taxation, and business principles through a B.Com degree might help students comprehend the CFA program.
Numerous job opportunities in investment banking, portfolio management, financial analysis, and wealth management have been made accessible by the combination of a CFA charter and a B.Com degree.
Passing all three exam levels and completing the minimum work experience requirement of four years in the investment decision-making process are prerequisites for obtaining the CFA charter.
The work experience may be reduced or waived for B.Com graduates. Candidates must commit hundreds of study hours to each level of the CFA program, which is a tremendous commitment.
Individuals can work in corporate finance departments, asset management companies, hedge funds, investment banks, and private equity firms after obtaining their CFA charter.
The CFA designation can greatly improve job opportunities and earning potential in the investment and finance business. It is highly acknowledged in the global finance industry.
Students and Individuals willing to apply for the Chartered Financial Analyst (CFA) program, must fulfill the eligibility requirements to pursue this program.
The eligibility requirements are -
Upon successful completion of the CFA charter, the door for the numerous high-paying and highly regarded job profiles is opened for the individual completing it.
The top job profiles are mentioned below -
Job Profiles |
Average Salary |
---|---|
Portfolio Manager | INR 58.62 LPA |
Risk Analyst/ Risk Manager | INR 21.59 LPA |
Research Analyst | INR 16.56 LPA |
Investment Banker | INR 11 LPA |
Investment Strategist | INR 10.8 LPA |
Obtaining a Chartered Financial Analyst (CFA) Chatter after completing B.Com enhances one's credibility and financial knowledge.
It offers a variety of career paths in analysis, investment management, and finance while showcasing an adherence to the highest moral standards and professional competence in the competitive global business environment.
The Business Accounting and Taxation (BAT) program is a specialized program lasting for 6 months to 12 months. The program is designed to offer a comprehensive understanding of accounting principles and current taxation practices used by business organizations.
The program covers an array of topics such as financial statement analysis, budgeting, bookkeeping, and tax compliance.
Students pursuing this program acquire skills to prepare and interpret financial reports, acknowledge tax laws and regulations, and management of financial records. With the help of practical and theoretical knowledge and expertise, this program enhances the learning outcomes of the students.
BAT courses are suitable for aspiring accountants, finance professionals, entrepreneurs, and business owners seeking to gain a deep understanding of accounting and taxation fundamentals.
Students who aspire to become accountants, finance professionals, and entrepreneurs can opt for this program. They will get a comprehensive understanding of accounting and the fundamentals of taxation.
Upon completion of the program, students can choose highly paid job profiles in the industry.
Some of the job profiles are mentioned below -
Job Profiles |
Average Salary |
---|---|
Tax Consultant | INR 6 LPA |
Company Law Assistant | INR 4.5 LPA |
Tax Analyst | INR 5.2 LPA |
Account Executive | INR 6.66 LPA |
The Certified Management Accountant (CMA) course offers specialized training in management accounting and financial management.
This course equips individuals with advanced skills in management accounting and financial management.
The Certified Management Accountant (CMA) course which generally spans three years, offers professional knowledge and skills in business management and financial accounting.
This program aims to equip students with industry-relevant skills in management accounting and financial management.
The program extensively covers a wide range of topics such as financial planning, analysis, control, decision-making, and professional ethics.
With the help of meticulous training and practice, students learn to anticipate financial scenarios and develop effective cost-management strategies that aid in making informed business decisions.
The CMA program is considered highly accredited and recognized globally which depicts excellence in managerial accounting. Students pursuing the CMA certification can enhance their career prospects and earning potential with a competitive edge in the market.
The prime focus of this program is to acquaint students with the practical knowledge in finance management and accounting that is relevant to current industry practices and prepare them for leadership roles in management accounting, financial analysis, strategic planning, and other diverse sectors.
With advanced knowledge and skills in management accounting and financial management, students are industry-ready to choose high-paying jobs in the industry.
Some of the most preferred job profiles are -
Job Profiles |
Average Salary |
---|---|
Chief Financial Officer (CFO) | INR 12 LPA |
Financial Analyst | INR 6 LPA |
Management Accountant | INR 12.3 LPA |
Cost Accountant | INR 7.3 LPA |
Corporate Controller | INR 22.7 LPA |
The Association of Chartered Certified Accountants (ACCA) is a globally recognized program spanning 2 to 3 years. This is considered as a professional program providing advanced expertise in accounting and management.
The ACCA program offers extensive knowledge and essential skills to students who want to make a career in accounting, finance, and business.
The program dives into areas such as financial management, taxation, audit, and business strategy.
The program focuses on both theoretical as well as practical knowledge to equip students with practical experience and ethics modules that facilitate an in-depth understanding of accounting principles and the latest practices in the industry.
The ACCA qualification opens doors to diverse career opportunities in various industries worldwide, enabling professionals to become chartered certified accountants and make significant contributions to the financial management and decision-making processes of organizations.
Upon Completion of the ACCA program, students can dive into a wide range of career options enabling them to become certified chartered accountants.
As the program is globally recognized, they are eligible to work in India as well as foreign countries. The salaries offered are very competitive as compared to professionals from other background.
After completing the ACCA program, students can choose top-paying job profiles in the industry.
Some of the greatly paid job profiles are mentioned below -
Job Profiles |
Average Salary |
---|---|
Management accountant | INR 12 LPA |
Corporate finance expert | INR 10 LPA |
Financial planner | INR 13.9 LPA |
Auditor | INR 20.68LPA |
Tax Consultant | INR 6 LPA |
The Post Graduation Diploma in Digital Marketing is a professional program equipping students with the industry-relevant skills and knowledge that leads them to stand out in the competitive domain of digital marketing.
The PG Diploma comprehensive course covers a wide range of topics such as Social media marketing, Search Engine Optimization (SEO), Pay-Per-Click (PPC) advertising, Content Marketing, and content analytics. This program offers practical insights and hands-on experience to the students through theoretical and Practical learning.
Students learn effective digital marketing strategies, optimization of online campaigns, and data analysis which helps them, make informed decisions and stay ahead in the dynamic digital world.
The PG Diploma in Digital Marketing program is also available in Online mode. The online mode of this program offers flexibility to its learners to manage academic learning and other commitments without affecting their schedules.
The curriculum of an online program is equally important as regular mode.
Upon completion of this program, students gain significant insights into digital marketing to excel in the industry through various job roles.
Some of the top job profiles are mentioned below -
Job Profiles |
Average Salary |
---|---|
Digital marketing strategist | INR 6.85 LPA |
SEO Specialist | INR 4.7 LPA |
PPC Specialist | INR 6 LPA |
Social media manager | INR 9.5 LPA |
Graphic designer | INR 4.5 LPA |
The Post Graduate Diploma in Supply Chain Management is a highly demanded program in the industry that imparts in-depth Knowledge and skills which is helpful in the effective management of the flow of goods and services from the place of production to the place of consumption.
The program offers blended learning to acquire knowledge of concepts and practical applications which helps in understanding procurement, logistics, inventory management, transportation, and distribution. This program prioritizes understanding global supply chain dynamics, implementing sustainable practices, leveraging technology for optimization, and handling the risk involved in the supply chain.
The curriculum of this program focuses on developing the critical thinking and analytical abilities of the students which helps them in solving complex supply chain issues when they enter the industry.
The PG Diploma in Supply Chain Management is also available in online mode offering the same learning experience as regular mode with flexibility in learning.
This helps students in time management and they can pursue other courses and certifications that will elevate their careers without changing their schedules.
Students become industry-ready after completing this program to tackle any issue with the supply chain making them competent to excel in the industry.
They can join various job roles related to supply chain management with competitive salaries.
Upon completion of the program, students can join a wide range of high-paying job roles in supply chain management.
Some of the top Job profiles are mentioned below -
Job Profiles |
Average Salary |
Logistics Manager | INR 4.5 LPA |
Purchasing Manager | INR 10.9 LPA |
Inventory Manager | INR 5.2 LPA |
Procurement Manager | INR 15.1 LPA |
Quality Manager | INR 11.4 LPA |
If you are willing to make a flourishing career in the multiple domains of commerce with extensive knowledge and expertise in the subject then you must consider the courses mentioned above after completing a B.Com degree. These courses will help you to stand out in the job market with greater responsibilities in the diverse business landscape.
Bachelor of Commerce is an undergraduate program providing the basic foundation of knowledge and skills in Commerce. To survive in today’s competitive job market, one needs advanced knowledge and expertise. Courses pursued after B.Com enhance the job prospects in the industry with better remuneration at the highest positions in the organization.
Students with a Bachelor of Commerce (B.Com) degree with 55 percent marks in aggregate are exempted from the CA Foundation Exam. They can directly apply for CA Intermediate.
Yes, you can pursue the Company Secretary program after completing your B.Com. Although the basic requirement for this course is 10+2 but if you pursue it after B.Com you will be exempted from the CA Foundation Exam.
Yes, opting for the M.Com after completing B.Com is one of the best options to enhance the understanding of various topics in Commerce. In M.Com, students are provided with in-depth knowledge and skills in various areas like marketing, accounting, taxation, etc which helps in achieving great career prospects.
Yes, you can pursue M.Com and MBA together in online mode. University Grants Commission has approved and recognized pursuing 2 degrees in online mode. This facility is only available in online and distance mode. Students can pursue one regular and one online degree at a time but they cannot pursue 2 degrees together in regular mode.
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