What to do next after completing B.Com? What is the best career after B.Com? Should we go for further masters courses or go for job-oriented short courses? BCom is also one of the most popular graduation courses around and it opens up a large arena of opportunities for jobs as well as further higher studies. But that also gives the burden of choices. Here we go with the 8 Best Careers for a B.Com Graduate.
Getting a degree is one of the most important aspects of the journey of your career but considering the current times, that itself is not enough to get the best opportunities and to have the advanced skills that are needed to be competent for those roles.
There are so many high-profile jobs available in the industry but to get those jobs, a BCom graduate needs to choose the right steps for higher studies and should have a clear understanding of what careers, scopes and opportunities are generally available with the courses.
Best Careers for a B.Com Graduate
Let’s discuss the best career options and Jobs for B.Com graduates freshers that are good with reputation and will enhance your career opportunities.
MBA
One of the most popular and best choices after BCom. Any graduate can join the course with the right scores in the GATE or MAT exams and the degree has a universal appeal. MBA students learn all aspects of the business at a base level and study deeper into the chosen specialisations. Openings are plenty for a fresher in MBA every year. The course is available in colleges that are graded in the Tier system. Organisations offer more valuable packages to students who are from Tier 1 category colleges. The average salary for a fresher can be varied from 5 lakhs to 25 lakhs according to the college category and employer.
CA
One of the most prestigious courses available in India, CA offers good remuneration and opportunities along with excellent social status. CA is traditionally considered a go-to-go course for a commerce student but as well as those immense opportunities it offers globally, clearing the exam is one of the toughest tasks. The exams are generally considered one of the toughest in India. Students can start learning by appearing for the first stage of the CA exam right after +2. It’s called the CA Foundation.
BCom graduates do not need to attend this stage but they can directly join the intermediate stage after the course study for the same. If a student clears the Intermediate stage, the next stage is to have a 3-year long articleship under a registered chartered accountant and the Final Exam.
CS
Company Secretary is another appealing position that a BCom graduate focuses on after graduation. Organisations are in need to have a Company Secretary to manage all the legal-related aspects of the organisation. The job requires to ensure all tax-related matters of the company along with taking care of a
MCom
The master’s program in commerce is still one of the top choices of the students. The 2-year long MCom program will explore deeper into the topics covered in the undergraduate program. With topics covered from business to economics, finance, accounting, and taxation, etc, MCom offers a commendable add-on in your CV considering the job opportunities. BCom is ideal for those who wish to work with banks and in finance positions in organisations.
CFA
The universally accepted Chartered Finance Analyst is a highly reputed designation offered by the CFA Institute. The general duration of the course is 2.5 years and the course touches upon various topics such as economics, corporate finance, financial analysis, investment analysis, portfolio management, alternative investment, etc. CFA qualification is the desired one when you look for a job in a financial organisation and for jobs such as a financial analyst.
CPA
US Certified Public Accounting also known as CPA is a US-based course offered by the American Institute of Certified Public Accountants. The course is mostly considered by students who are looking for a job abroad but jobs are also available in India with outsourcing firms. You need to have a solid understanding of finance and accounting matters to pursue the course and the exam is stretched with four parts that are extensively rigorous.
CMA
Certified Management Accounting is another course that is preferred by students who are planning to seek jobs abroad. It is a globally reputed and acknowledged course offered by the Institute of Management Accountants in USA.
PGBAT
Post-Graduation in Business Accounting & Taxation is a diploma course that is idle for any BCom or commerce graduates can take. In fact, even MCom and MBA holders can benefit from learning it due to the intense training it provides in practical and job-oriented subjects and software. You will learn essential laws regarding taxes and business along with important accounting software such as Tally Prime, QuickBooks, and ERP software SAP FICO, etc.
