Courses After Bcom: What to do After BCom
A Bachelor of Commerce (B.Com) is an undergraduate degree program that focuses on developing a strong foundation in business and commerce-related subjects. The B.Com course typically spans over three years and provides students with a comprehensive understanding of various aspects of business, finance, accounting, economics, marketing, and management.
During the course, students learn fundamental concepts and principles related to commerce, business operations, financial analysis, taxation, and business laws. They also acquire essential skills such as critical thinking, problem-solving, communication, and analytical skills, which are crucial for success in the business world.
The B.Com degree offers students a wide range of career opportunities across industries, including finance, banking, accounting, consulting, marketing, human resources, and entrepreneurship. It serves as a stepping stone for further education and specialization in fields such as Chartered Accountancy (CA), Cost and Management Accounting (CMA), Company Secretary (CS), or pursuing a Master of Commerce (M.Com) or Master of Business Administration (MBA).
Overall, the B.Com course provides students with a solid academic foundation and practical knowledge to excel in various business and commerce-related roles, preparing them for a successful career in the dynamic and ever-evolving business landscape.
Suggested Reading: A Guide to BCom Course: Eligibility, Admission, Fees, Scope, Career, Subjects & More!
List of Best Courses after BCom
Here is a list of the finest courses to do after B.Com that will lead to a successful career:
- Chartered Accountancy (CA)
- Master of Commerce (M.Com)
- Company Secretary (CS)
- Certified Management Accountant (CMA)
- Master of Business Administration (MBA)
- Financial Risk Manager (FRM)
Chartered Accountancy (CA): CA is a prestigious and challenging course that prepares students for a career in finance, auditing, and taxation. It involves in-depth study and practical training in accounting principles, financial reporting, taxation, and auditing, leading to the globally recognized CA qualification.
Master of Commerce (M.Com): M.Com is a postgraduate degree that offers advanced knowledge in various aspects of commerce, finance, and accounting. It provides opportunities for specialization in areas such as finance, marketing, international business, or entrepreneurship, enhancing career prospects and opening doors to higher-level managerial positions.
Company Secretary (CS): CS is a professional course that focuses on corporate governance, legal compliance, and company law. CS professionals play a crucial role in ensuring legal and regulatory compliance of companies, conducting board meetings, and handling corporate secretarial matters.
Certified Management Accountant (CMA): CMA is a globally recognized certification that equips individuals with skills in management accounting, financial planning, and analysis. It is ideal for those interested in management accounting, financial analysis, and strategic planning roles in organizations.
Master of Business Administration (MBA): MBA is a popular postgraduate program that provides a broad understanding of business management. It covers various areas like finance, marketing, operations, and human resources, preparing students for leadership roles in diverse industries.
Financial Risk Manager (FRM): FRM is a professional certification focused on risk management in finance. It equips individuals with skills in identifying, assessing, and managing financial risks in areas such as market risk, credit risk, and operational risk.
Jobs After B.com and Salary
After earning a BCom degree, there are numerous job prospects available. The average pay after completing a BCom is between INR 3.5 and 6 LPA. The following are some of the highest-paying jobs available after completing a bachelor’s degree:
B.com Jobs | Average Salary |
Banker | INR 3 to 4 LPA |
Bank Manager | INR 7.90 LPA |
Accountant | INR 2-3 LPA |
Accounts Manager | INR 5.80 LPA |
Financial Consultant | INR 6.28 LPA |
Finance Manager | INR 9 LPA |
Tax Consultant | INR 5 LPA |
Chartered Accountant | INR 7 LPA |
Company Secretary | INR 6.25 LPA |
Chartered Financial Analyst | INR 6.9 LPA |
Certified Management Accountant | INR 14 LPA |
Certified Financial Planner | INR 3.50 LPA |
Commerce Teacher | INR 6 LPA |
Marketing Manager | INR 7 LPA |
Investment Banker | INR 13 LPA |
Frequently Asked Questions
What are the popular career options after BCom?
After B.Com, popular career options include pursuing professional courses like Chartered Accountancy (CA), Company Secretary (CS), Certified Management Accountant (CMA), or Master of Commerce (M.Com). Other options include pursuing an MBA for broader business knowledge or specializing in fields like finance, marketing, or human resources.
Is it necessary to pursue further studies after BCom?
While it’s not mandatory to pursue further studies after B.Com, it can significantly enhance your career prospects and increase your knowledge and skills in specific areas. Further studies provide a competitive edge and open doors to higher-level positions and specialized roles.
Can I pursue an MBA after BCom?
Yes, pursuing an MBA after B.Com is a popular choice. An MBA provides a broader understanding of business management and offers opportunities for specialization in areas like finance, marketing, operations, or human resources. It is beneficial for individuals looking to take up leadership positions or start their own business.
What professional courses can I pursue after BCom?
Several professional courses are available after B.Com, including Chartered Accountancy (CA), Company Secretary (CS), Certified Management Accountant (CMA), or Financial Risk Manager (FRM). These courses provide specialized knowledge and certifications that are highly valued in the industry.
Can I pursue a career in finance after BCom?
Yes, B.Com graduates can pursue a career in finance. You can opt for courses like Chartered Accountancy (CA), and CMA, or pursue an MBA with a finance specialization. Additionally, you can explore roles such as financial analyst, investment banker, and financial planner, or work in financial institutions, banks, or corporate finance departments.
What are the options for specialization after BCom?
After B.Com, you can specialize in areas like finance, marketing, international business, human resources, or entrepreneurship. Specializing in a specific field allows you to gain in-depth knowledge and expertise, making you a desirable candidate for related job roles.