These days, students are fonder of off-beat career options than that of traditional after completing graduation. But at one point they get stuck in the whirl is choosing the right course amidst so many available options. After completing graduation in commerce students face a similar crisis. Too many courses, too much confusion to choose the perfect one.
In this article, we will help you out in choosing an apt academic course for higher studies after completing graduation in B.Com. Students who are worried about their careers after B.Com will also find a way to select the best career option in alignment with their interests.
In this era of competition, graduation is not enough to have a secure career in the long run. This could one prime reason behind a large number of students facing a lack of suitable job options available in the market. Employers ask for additional qualifications before the final appointment.
Hence, you have to think about what could be the best short-term courses that can help you with your job acquisition significantly. As said earlier, students get confused after completing graduation about their advanced academic course election; some get worried about their marks and some switch on complete vacay mode until the result out.
All these aforesaid actions lead you to ‘zero’. If you want to pursue higher studies after completing your graduation in B.Com, you need to prepare yourself in advance.
Now, let’s have a look at how this article can help in clearing your doubts-
There are myriads of courses that can be opted after completing your graduation in B.Com. You can do your Masters and choose short-term professional courses after finishing your B.Com.
Since B.Com touches multiple professional fringes, the spectrum keeps already broader for B.Com graduates. There are actually multiple courses to select from.
What are the Courses after B.Com you should opt for?
1. Digital Marketing
This is probably one of the best-chosen academic courses by the youngsters. Pursuing a digital marketing course after completing graduation in B.Com is largely beneficial in many ways.
Considering the fast pace of digital evolution in the current market, it can be easily said that digital marketing can gift you an attractive career for your future.
In recent times, 90% of the brands spend 35% of their marketing budget on digital promotion. The data is a self-explanatory how the job-scape has been widening riding on digital growth.
Snapshot of Opportunities Available.
Naukri.com – 172666
Timesjobs.com – 294530
Shine.com – 127765
Total Jobs – 594960
Different career prospects with digital marketing
A single course enrolment can open many windows of opportunities before you. For example, if you love coding you can be a web developer. If you have a passion for writing, you can build your career in content writing. Otherwise, there are some exciting career options that you can pursue- SEO analyst, Social Media Manager, Affiliate Marketer, PPC expert or maybe You Tuber.
2. Chartered Accountant (CA)
Most of the B.Com graduates aspire to be a Chartered Accountant. To pursue CA you one needs to go through three exams; CPT, IPCC, and Final CA conducted by the Institute of Chartered Accountants (ICAI).
One needs to clear two groups of both IPCC and Final CA exams. The second group allows you to register for articleship with an experience CA for at least two and a half years.
CA has been a repute career option for ages, offering handsome pay packages and reputation.
3. Business Accounting & Taxation
This is one of the most popular courses commerce graduates take up. If you ask anyone to suggest what course you will enroll in after commerce graduation, definitely he/she would suggest this one amidst many others.
With this course, you will learn subjects like accounts, taxation, compliance, MIS, and reporting. This course will enable you with advanced account software usage. Industry always has an opening for these two job roles.
4. Cost Accountant
A career in cost accountancy is also a great option for those who have a knack in costing. The course includes budgeting, cost management, asset management, and performance evaluation.
The job responsibility of a cost accountant is to prepare a financial report for the organizations which is indeed a crucial task.
To be a cost account after completing B.Com graduation is always a good choice.
5. Certified Management Accountant (CMA)
A certified management accountant holds an international job market credibility and recognition. If you have a dream of working with top MNCs, then you must have a significant certification.
Institute of Management Accountants (IMA) provides a certification course in cost management. But the certificate gets reviewed by the Institute of Certified Management Accountants (ICMA). A CMA has complete know-how on financial planning, financial analysis, and other financial concepts.
This is one of the best certification programs to opt for. To pursue this certification program you have to hold a graduation degree of B.Com.
6. Certified Public Accounting (CPA)
Speaking of accounting, US Certified Public Accounting (CPA) is one of the most prestigious courses that has global recognition.
The entrance exam conducts by the American Institute of Certified Public Accountants (AICPA). The value of a CPA is not lesser than a CA. Hence, there is nothing to hesitate to pursue this course.
With US CPA also equipped you with the knowledge of some other terminologies of IFRS (International Finance Reporting Standard). These are a few best courses in the accounting sector, banking sector ranks in the second choice in this category.
7. Post Graduate Diploma in Banking (PGDB)
To bag a job in the banking sector, enrolling in a PGDB course is always the best option.
PGDB course will offer in-depth knowledge in the banking sector. You get to learn both the practical and theoretical skills required in the banking field.
To build a promising career in the banking sector, a PGDB diploma course after commerce graduation is required.
8. Business Correspondent Courses
Whether a banker or a financial expert, you should essentially have comprehensive skills in this field. The business correspondent course helps in mastering these skills.
In this course, you will learn core financial concepts, customer relationships and much more- the right ingredients to make a great career.
The reason why banks hire these professionals is to grow their reach in an effective and cost-effective manner. They also seek for skilled people in this domain. More skilled and experienced candidate can bag a better position and better package in this field.
Other than the banking sector, the insurance sector also has to offer plenty of jobs for commerce graduates.
9. Insurance Courses
There are multiple courses for different insurance sectors- such as personal insurance, property insurance, and car insurance. You need to pursue different courses to have expertise in the individual insurance sector. Risk management is also a part of this education program.
The insurance sector gives you variety. Hence, you have the widest exposure of different financial schemes to work on thereby accruing maximum skills. This is why most of the B.Com graduates choose the Insurance sector for their career growth.
Finance-related courses after B.Com graduation
1. Financial Risk Management
The financial risk manager is one of the most in-demand job roles across the industry. This job role involves balancing the pecuniary decay.
Your job role demands you learn various risk factors involved in managing accounts of the company. People who are expecting a fruitful career in the financial sector this one is definitely worthy of.
2. Chartered Financial Analyst (CFA)
There are many available institutions offering this course after B.Com. A Chartered Financial Analyst suggests apt investment plans for companies.
These people direct companies on how to invest in the high potential sectors in order to secure the best profit. Banks, insurance companies, pension, and investment houses have a requirement for these professionals.
3. Financial Modelling
This particular course will provide you with knowledge on how to prepare a model of financial statement. A financial statement is something which is a prime requirement for a detailed financial analysis.
Financial management is also a part of this course. Pursuing this course prepares you for providing a financial solution to the companies. The skills which you will acquire are an investment, equity, commodity, credit, profit and much more. These skills add to your credibility as a financial analyst.
Post Graduation Courses after B.Com
1. Masters of Business Administration (MBA)
Without saying much MBA is the most popular post-graduation course chosen by individuals. Not only commerce students but also people from other academic backgrounds find MBA a lucrative career-building mechanism.
A commerce graduate has a further advantage if he/she pursues an MBA. The credibility of the institution plays a major role in achieving the desired success after MBA.
MBA from IIM holds the highest industry recognition. A candidate can have a maximum career opportunity with an MBA degree from a reputed B-school. One needs to clear an entrance exam called the Common Admission Test (CAT) to enroll in an MBA.
As per the CAT score, you will be placed in selected reputed B-Schools across the country. Also, there are other private B-Schools which offer both regular and distance education. Pursuing an MBA after B.Com graduation will give you a much-secured career with a handsome pay package.
2. Masters in Commerce (M.Com)
Students mostly opt for a Master’s degree after completing graduation. People who are experts in the field of commerce will always recommend you for masters.
Almost every government and private universities offer M.Com. Alike MBA, success after M.Com depends largely on the institution you choose. In your master’s in commerce, you will learn about Accounting, Economics, Statistics, Taxation, Marketing, and Management. You will earn a specialization in these afore-mentioned fields with a master’s degree in commerce.
There are universities which offer distance education master course in commerce. Depending on your schedule and convenience you can select your mode of knowledge acquiring.
Few courses after B.Com which you can consider
1. Business Accounting & Taxation (BAT)
In recent times apart from theoretical knowledge, practical skills have become necessary to have a successful career ahead. A financial course after commerce graduation which is full of practical exposure will be Business Accounting & Taxation (BAT). The course offers complete knowledge about Finance, Taxation, Compliance and lots more.
If you are looking for a job of your expectations in the financial field, this one course can gift you the required skills asked for a decent job in the very field. You will get to learn Microsoft-office suit, tally, GST and other important subjects. You can opt-in this course after B.Com’s graduation.
2. Company Secretary (CS)
Often students become indecisive while selecting the best course after B.Com. We will tell you this is one of the best courses that one can pursue. Not only a secured career option but also one of the best-paying jobs available in the market after B.Com.
The Institute of Company Secretaries in India teaches this course. Though it’s popularly believed that CS and CA to be pursued after 12th, but you can enroll in after graduation too. After graduation, you can pursue the pro level of the course; Executive Program.
These are some popular choices of higher academic choices after completing graduation in B.Com. There is no drought of jobs in the contemporary business world. Not necessarily you have to follow some preconceived guidelines. Nevertheless, Enrolling in these courses will be extremely beneficial for your future career move.