One of the most common graduation degrees students enroll in after finishing high school is the Bachelor of Commerce or B.Com. But only doing B Com is not enough in today’s competitive marketplace to land high-paying job positions. Students must enroll in further studies or courses to create a successful career in this profession. Due to increased competition, students pursue a postgraduate degree or professional certificate course after completing a B.Com program in order to have a well-established career and improved work chances in terms of the average salary offered. We will discuss every essential after b.com which is best course and renowned career to follow in this post so that you may have a successful future.
The Bachelor of Commerce degree is offered to undergraduate students interested in pursuing education and skill training in business concepts and management in colleges in India and overseas. The Bachelor of Commerce Honors degree is an intermediate, specialized curriculum that functions as a bridge between undergraduate and postgraduate commerce degrees. Depending on the nation of residence, the duration of a B.Com curriculum might range from 3 to 4 years.
Important areas of study in the B.Com degree include accounting, taxation, law, costing, finance, economics, marketing, and human resource management, in addition to company management and organization. The course curriculum also covers the fundamentals of business mathematics, business information systems, and business statistics.
Knowing about the finest Courses available after B.Com enables students to make faster decisions. As a student, you may finally trim down your options to choose the best one for your interests, needs, and ability. There are several opportunities open to you. You will finally be able to get your desired career after college if you develop and gain the appropriate expertise.
But selecting the best path is often challenging. You should consider the following points:
Following is a list of some excellent courses that you can pursue after completing your B.Com:
CA is the first professional course that often comes to mind for a commerce undergraduate as a career opportunity. CA course is broken down into three stages: CPT, IPCC, and CA Finals. After passing all three stages and completing a 2.5-year internship, you will be a licensed chartered accountant. Undoubtedly, it is considered the after b.com which is best course choice. This program lasts three years and can help you earn a position with a multinational company like Deloitte. You can even start your own CA firm and put your degree into practice. In India, the average pay of a CA graduate is Rs. 7.9 LPA.
MBA is one of the greatest courses available after B.Com, not just for those graduating from the business but from any subject, and it is the most well-liked one that students can take. Depending on your level of specialization, you will study how to handle every part of a business in this course. You must pass the CAT (Common Admission Test) for an MBA. Your CAT score determines the college to which you are admitted. In large firms, an MBA graduate can work as a Marketing Manager, Operations Manager, and various other positions. An MBA’s beginning salary ranges from 5 lakhs to 25 lakhs per annum, depending on the educational institute you graduated from, and one of the top degrees after b.com.
If you’ve always wanted to work for reputable MNCs or large companies abroad, this certificate program is the best option to pursue after earning your B.Com. this certification from the Institute of Management Accountants will provide you with a certificate in managing financial accounting. Depending on the institutions of various universities, this course lasts 6 to 8 months.
You must complete two levels of examination in addition to having two years of work experience. After earning the CMA USA certification, you will be able to find work in businesses of various sizes and industries. US CMA-certified personnel are always in demand, from public and private firms and non-profit organizations to academic institutions, government bodies (USA), and multinational corporations. In India, the average CMA USA pay is Rs. 8.5 LPA.
The American Institute of Certified Public Accountants (or AICPA) offers the Certified Public Accountant(CPA) professional qualification, which is another internationally recognized professional credential and one of the greatest after b.com which is best course. You need a strong foundation in the field of accounting, a lot of studies (at least 150 hours of CPE), and you have to pass a difficult four-part exam to become a CPA. A CPA’s primary responsibility is to provide financial reporting and advising services to facilitate informed decision-making and financial progress. CPAs in India earn an average income of Rs. 7.2 LPA.
This is a well-known course for the ACCA certification accredited by the global body of the same name – the Association of Chartered Certified Accountants. It is preferred by thousands of students worldwide and is well-known in 173 nations. One of the greatest occupations after a B.Com, multinational firms have a strong demand for graduates of this program and provide salaries ranging from 7 to 16 lakhs. This course has a two-year term and 14 papers you must clear to acquire this certificate.
M.Com is a postgraduate program designed specifically for B.Com graduates to provide them with additional tools and in-depth knowledge. This 2-year postgraduate (PG) degree is ideal for students who want to develop their abilities & gain insight into how to utilize their academic knowledge appropriately in the professional world. This postgraduate course prepares students for positions such as accountant, accountant executive, finance manager, and so on. The M.Com degree is also the best choice for students who want to work in the taxation & accounting fields or in the BFSI (banking, financial services, and insurance) industry. M.Com graduates earn an average income of Rs. 3.9 LPA.
One of the many crucial positions on the list of B.Com courses is company secretary (CS), which plays a vital function in a company. The company secretary manages an organization’s legal matters and is also in charge of keeping tax records. You must study corporate law if you want to work as a company secretary. This degree takes three years to complete and has three stages: Foundation, Intermediate, and Finals. In India, the salary range for CS is between Rs. 6 and 10 LPA. PayScale reports that the average pay for CS is Rs. 5.8 LPA, making it one of the more after b.com which is best course and alluring career after graduating from college.
Short-term courses may help you establish a successful career in commerce, and the duration of these courses is directly proportional to the skills you wish to achieve. Depending on the area of expertise, short-term courses might last six months, a year, or fifteen months. You have the option of studying these courses while pursuing your BCom degree or after you have already completed graduation.
After B.Com, the best course for you is one that will boost your employment opportunities & income and is of interest to you. After completing a B.Com, you can pursue standard career paths like accounting, chartered accounting, company secretary, etc., or choose unconventional careers like financial risk management or investment banking. After earning a B.Com, you may also pursue a teaching profession by earning a BEd and an M.Com.
A specialized degree in a field of your choice can help you build expertise and pave the way for tremendous employment options after an undergraduate course like B.Com. The most popular courses are shown below.
1. Certificate in Data Science
2. US Certified Public Accounting (CPA)
3. Chartered Accountancy (CA)
4. Certified Management Accounting (CMA USA)
5. Master’s in Business Administration (MBA)
6. Supply Chain Management (SCM)
7. Post-Graduate Diploma in Risk Management (PGDRM)
8. Masters of Commerce (M.Com)
After B. Com, you have a wide range of career options. However, selecting a job is dependent on several factors, such as your interest, passion, and the amount of hard work you are willing to put in. A B.com degree allows you employment opportunities in accounting and auditing organizations, banks and other financial institutions, advertising agencies, market research companies, and software development corporations. There are several options if you wish to work in the government sector. Additionally, you can take various competitive exams, including the Bank PO/Clerk, SSC, Railways, and RBI. Additionally, you might apply your expertise to build your own company or work as a freelance consultant.
After completing your B.com, you have a variety of professional courses and other opportunities to explore. The goal is to develop a wide range of executive skills and expertise in areas like finance, accounting, revenue, and leadership. Individuals who complete the course will have a variety of job opportunities in both the public and private sectors. Following a B.Com., some of the best employment opportunities in the public and private sectors are:
* Budget Analysts
* Chief Financial Officers
* Cost Estimators
* Business Operations Managers
* Tax Consultants
* Stock Brokers
* Finance Consultants
* Management accountants
In six months, you may complete a lot of short-term courses that will help you improve the abilities in which you are most interested. These courses are available for you to study while working toward your degree or to continue taking after you have finished the course. These courses can help you earn more money in addition to providing you with a competitive advantage. Following are the after b.com which is best course for the short term:
1. Certificate in Accounting
2. Certification in Business Accounting and Taxation
3. Certificate in Banking & Financial Services
4. Certificate in Digital Marketing
5. US Certified Public Accounting (CPA)
6. Certified Management Accountant (CMA)
7. Certificate in Financial Modeling
8. Certificate in Office Management
9. Certificate in Retail Management
The average annual income for a BCom specializing in accounting and finance is INR 4.9 Lakh. The starting salary for these professionals is INR 1.7 Lakh per year. The remuneration, however, might go to INR 20 Lakh per year with experience and skill. Your career prospects and remuneration are also affected by your choice of after b.com which is best course and the skill set you have achieved via these courses.
The usage of computers is increasing with time, and more individuals are enrolling in computer courses. If you have a BCom degree, the following are some of your top computer courses.
1. Animation course
2. Web Designing
3. Master of Computer Management(MCM)
4. Master of Computer Application(MCA)
5. M.Com in Computer Applications
6. MBA IT
Yes, without a doubt. The study of mathematics is crucial in the field of commerce. Commerce refers to both business and trade. As a result, wherever commerce and business are engaged, finance, money, people, and technology emerge. Thus, Math as a significant part of is unquestionably beneficial for Commerce careers. Math plays a significant function in managing all financial or other related duties. If you are taking Math with Commerce or pursuing after b.com which is best course linked with Math can fetch you better opportunities in your career.
While a B.Com degree will get you a job, a master’s degree will always put you ahead of the competition. It is one of the primary reasons why most business graduates pursue additional or further education and courses. We hope this informational blog has provided you with detailed information regarding the after b.com which is best course as well as clarity on career after B.Com employment and income specifics. You can narrow down your interests based on the job path you want to pursue after graduation.
Furthermore, aspiring professionals in chartered accountancy (CA), CMA-USA, and ACCA may utilize NorthStar Academy’s top-tier programs to accomplish their intended goals and continue to flourish professionally. They will create a thorough roadmap for your achievement, including a study program that covers the whole comprehensive course.
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