Are you appearing for your B.com final examinations very soon? or Have you already completed your graduation in the field of commerce? Once you finish off your exams, you tend to get worried about your further career plans. What to do now to build a good career? Which are the best courses after B.com? Which commerce courses can promise you good salary packages or high earnings? These are the queries that you ponder over. Right!
Don’t worry, we are here to make you familiar about the various popular Courses after B.com or Bachelor of Commerce that you can surely consider while taking the right career decision.
If you have clear goals in mind, it’s wonderful. But, if not it’s high time for you to take a wise decision for building a strong and successful career.
Looking at the plethora of options around, you are likely to get confused. So, here we bring you a brief idea on the different courses that you can actually pursue after completing your Bachelors in Commerce or B.com.
Best Courses after B.com: Types
Commerce graduates have a wide variety of Post Graduation programmes, Professional courses, Diploma courses and other Certification courses to choose from and move ahead in the right direction.
It’s not easy to grab decent jobs for fresh graduates, so going for higher studies can be a great value addition to your CV (Curriculum Vitae).
You can select from any of the following options based on your priorities and interests :
- Master’s Degree: M.Com and MBA
- Professional Courses: CA, CS, CFP and LLB
- Professional Courses (International Certifications): CPA , CMA and ACCA
- Post Graduate Diploma Courses and Post Graduate Certificate Courses
Courses after B.com: Master’s Degree
Here’s a list of popular courses after B.com that students like to pursue:
1. Masters of Commerce or M.Com:
The most preferred choice of students is M.com or Masters of Commerce. A 2 year Post Graduation course which you can do from any of the recognised institutes/universities. You can choose and gain specialisation in the field of your choice like:
2. Masters of Business Administration or MBA:
Done with your B.com, you are surely going to get the advice for doing an MBA. Yes…Why not go for it? MBA or Master in Business Administration is another awesome addition to the list of courses after B.com. Commerce graduates interested in acquiring management skills can opt for a good MBA programme from a reputed institute. Here also you can have the following specialisation like:
- Financial Management(Finance)
- Marketing Management(Marketing)
- Human Resource Management (HR)
- Banking & Insurance(B&I)
If you are the lucky one to get placed in the top Business schools, there’s no way looking back. You are on the way to see yourself at a respectable position in the corporate world.
Professional Courses for Commerce Students
Here’s a collection of professional courses that students of commerce background generally study:
1. LLB or Bachelor of Legislative Law:
Going for an LLB or Bachelor of Law is also a common choice amongst commerce students. If you have a keen interest in law and want to build a career in this field, this might be a good fit for you. Once you complete your B.com you can join the 3 year LLB course where the minimum eligibility criteria is graduation.
There is also an option for Integrated course which is of 5 years duration which you can join after 12th standard. The admissions are based on your qualifying degree plus Law Entrance tests that are conducted at national level or institute wise.
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2. CA or Chartered Accountancy:
CA is regarded as one of the best career options for students in the commerce field. CA can be pursued from The Institute of Chartered Accountants of India. This consists of three levels: Foundation(CPT), Intermediate(IPCC) and CA Final. If you join CA course after B.com you are eligible to enrol for the Intermediate course directly. However, you can apply for CA course at an early stage i.e. directly after 12th standard by appearing in the entry level exam i.e. Foundation/CPT. You also have to undergo compulsory articleship (training) as a part of this prestigious course.
However, this is a top level professional course wherein you need to put immense hard work and consistent efforts to achieve success. Complete determination and patience matters a lot while pursuing the CA course.
3. Company Secretary or CS:
CS is also a good professional course that deserves a mention in the list of top career options for Commerce students. CS is offered by The Institute of Company Secretaries in India. Just like CA you can apply for CS after your 12th standard directly and get enrolled in the Foundation programme.
However, you can join this course after completing your graduation also wherein you can register for the second level i.e. Executive Programme.
Career options like Chartered Accountancy and Company Secretary are a great choice for commerce students. But, it’s better to join and pursue such courses along with graduation i.e. directly after 12th standard. So, this way you can save some of your crucial years if you carry on these professional courses simultaneously with your undergraduate degree.
CA and CS hold a very strong position when it comes to choosing the best courses after 12th commerce.
*Emerging Careers in Commerce:
CFP or Certified Financial Planner and CFA or Certified Financial Accountant are two other emerging career alternatives for commerce students.
Professional Courses after B.com : International Certifications
1. Certified Public Accountant or CPA:
CPA is one of the top most professional course at the global level. If you look forward towards attaining the highest standard of competence in accounting, CPA is your perfect answer. This is offered by the world’s largest accounting body, The American Institute of Certified Public Accountants (AICPA).
If you wish to move abroad or work with US based financial companies, CPA is the best and the right choice to add to your accounting and financial expertise.
You shall gain a deep understanding of US Generally Accepted Accounting Principles (GAAP), Generally Accepted Accounting Standards and International Financial Reporting Standards (IFRS). Adding to it, you also learn and gain in-depth knowledge on US federal taxation and laws.
Also, have a look at CFA Certification: How to become a CFA?
Test Your Knowledge
CFA Level 1 Exam – Quantitative Methods
2. Certified Management Accountant or CMA:
This course is offered by the Institute of Management Accountants (IMA) USA. Another globally recognised and the highest level certification in management accounting. An advanced level course for students providing you requisite learning in the field of financial planning, decision making, analysis and control.
If you are thinking to go global or work for top MNCs, exploring international certifications can be an added advantage to your profile.
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3. Association of Chartered Certified Accountants or ACCA:
ACCA or Association of Chartered Certified Accountants is the world’s leading international accountancy organisation. If you are thinking to develop a fruitful career in accounting, banking or management this might be of your interest.
You have to clear 3 levels: Knowledge, Skills and Professional. Students who are doing graduation are eligible for the Skills level. While the ones going for it immediately after 12th need to join the Knowledge level. If you are a CA, CMA or ICWAI student, you can get exemptions and can start from the Professional level only.
Hope you liked our massive list of Courses for Commerce students. However, students of other streams are also eligible for most of these educational courses. But, we have primarily emphasized on the important ones for commerce graduates that can take their career to new heights.
There are a whole range of Post Graduate(PG) Diploma Courses like PG Diploma in Banking, Insurance, Taxation and investment banking which you can consider. Further, a variety of PG Certificate Courses like Actuarial Science, Bank Management etc. can also be added to the list of commerce courses.
After completing your graduation, you can apply for Bank exams and get a good banking job. You can also appear for Civil Services exams or apply for other Government jobs wherein the minimum eligibility criteria is graduation. So, the list just goes on…
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Best Courses after Bcom : A Final Take
If you have a graduation degree only, this might not give you the desired placement and a high source of income. Hence, adding to your qualifications and skills is anyways beneficial in this fast moving world.
Going for a Post Graduation(PG) degree or a Professional course definitely helps in the long run. Moreover, if you keep on acquiring and enhancing your industry specific skills, you can grab better opportunities in life.
Test Your Knowledge
CFA Level 1 Practice Quiz – Economics
If you wish to have a fairly decent job or want to be self-employed and set your own business, either ways any additional level of education surely opens new doors to success.
So, the primary thing to do is to analyse your own interests and then decide the Best course for yourself based on it. Your inclination towards a particular field is what matters the most.
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No need to worry!! Even if you had opted to become a working professional just after B.com. You can further grow and add up to your qualifications by applying for any of the relevant PG Programs. You also have the facility and advantage to pursue some of the PG courses through distance learning or correspondence programs.
There are many other career options after commerce, we have included the most preferred ones in our list. If you have the zeal to go for something different and innovative, you may like to checkout our extensive list of Best Creative Career Options.
This was our exclusive list of some of the common and the best courses after graduation in commerce. Which course after B.com are you thinking to join? Do you have any other career plans or unique ideas in mind? If you have any queries or feedback, feel free to share in the comment section.