Best Career Options after B.Com

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Best Career Options After B.Com

1. Master of Business Administration (MBA)

MBA is the most popular course available for students & one of the best courses after B.Com, not just graduating from commerce but any other field. In this course, you learn to manage all the aspects of a business based on the specialization you choose.


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For MBA, you need to clear CAT or Common Admission Test. Your CAT score determines which college you get into. It is one of the best career options after B.Com. It’s recommended to do MBA after completing 2-3 years of work. If you can’t be able to do full-time MBA because of various reasons, you can take MBA course from NMIMS & upGrad. Various multinational companies hire fresh MBA graduates, and the starting salary ranges from 5 lakhs per annum to 25 lakhs per annum based on the Institute you graduated from and one of the best courses after b.com. 


According to payscale, the average salary of MBA graduates is 7.2 LPA in India.


after bcom - mba 



2. Chartered Accountancy (CA)

The first course that generally comes to the mind of a commerce student as a career option is CA. CA is one of the best career options after B.Com. Unlike an MBA, students can enrol for CA right after completing high school. CA comprises three stages, namely CPT, IPCC, and CA Finals. Clearing all three stages along with an internship of 2.5 years makes you a certified chartered accountant.


The duration of this course is three years, and this course can also land you jobs in multinational companies like EY or Deloitte. You can also open your own CA firm and practice your degree thus it is one of the best courses after B.Com.


Average salary of CA graduates is Rs. 7.9 LPA in India




3. Company Secretary (CS)

If you are wondering what to do after b.com, Company Secretary (CS) is one of the many pivotal job roles in an organization. A CS is responsible for managing all the legal aspects of a firm/organization. Company Secretaries usually take care of a company’s tax returns, maintain tax records, offer actionable advice to the board of directors, and ensure that all the legal and statutory regulations are met with and one of the best courses after b.com. 


To become a Company Secretary, you must study corporate law. This is a 3-year long degree comprises of three stages – Foundation, Intermediate, and Finals.


The salary range of CS in India ranges between Rs 4 – 10 LPA. According to PayScale the average salary of CS is Rs. 5.8 LPA.


what to do after bcom


Source


4. Master of Commerce (M.Com)

M.Com is the master’s course in commerce. This degree is 2 years long in duration and can be attained through any government recognized university or college in India. This course helps you master the concepts you learned as a B.Com student and apply it in the professional world.


M.Com is a postgraduation degree in commerce. Apart from commerce, this specialization also focuses on fields accounting, business management, economics, banking & finance, finance & control, and taxation, to name a few. M.Com is the ideal course for aspirants who wish to build a career in the BFSI (banking financial services and insurance) sector or the accounting and taxation sectors.


Average salary of M.Com graduates is Rs. 3.7 LPa




5. Chartered Financial Analyst (CFA)

The Chartered Financial Analyst (CFA) is a globally recognized professional designation offered by the CFA Institute. Generally, the CFA course duration is 2.5 years, and it is designed to measure and certify the competence and integrity of financial analysts. The CFA course includes a wide range of topics in the domain of advanced investment analysis, including statistics, economics, probability theory, corporate finance, security analysis, financial analysis, fixed income, derivatives, alternative investments, and portfolio management, among other things which made this one of the best courses after B.Com.


To accomplish the designation of a CFA, you must pass a three-tier exam. Since CFA is considered to be the highest standard in the industry, CFAs are recruited by some of the top players like JP Morgan, Goldman Sachs, UBS, BlackRock, Morgan Stanley, and Royal Bank of Canada.


Average salary of Chartered Financial Analyst is Rs. 6.6 LPA



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