What to do after B.Com?
How many of you wonder which are all the best career options after B.Com? What are all the best courses after B.Com? How to achieve the best career after BCom? Bachelor of commerce or B.Com is among the most popular graduation courses that students take after completing their school.
In today’s day and age, getting a B.Com degree is crucial for a commerce student, but it is not enough. It is not easy to find high paying jobs for B.Com graduates if one has not chosen the right courses after bcom. This article will help you know more about after b.com jobs and salary details. Completing a degree can’t promise you a great career after b.com. One has to take up post-graduation or professional certificate to have a well-established career after B.Com degree.
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There are several career options available to students after completing a graduate degree in B.Com, but not all students are aware of the different routes they can take to establish a successful career. Let’s discuss the available career options after B.Com that you might consider for a stable job opportunity in the future. https://www.youtube.com/embed/_fHrHoEdyJo?enablejsapi=1&origin=https:%2F%2Fwww.upgrad.com
Below is a list of some great courses after B.Com that you can opt –
Table of Contents
- Best Career Options After B.Com
- 1. Master of Business Administration from Deakin Business School (MBA)
- 2. Chartered Accountancy (CA)
- 3. Company Secretary (CS)
- 4. Master of Commerce (M.Com)
- 5. Certificate in Investment Banking (CIB)
- 6. Bachelor of Education (B.Ed)
Best Career Options After B.Com
1. Master of Business Administration from Deakin Business School (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
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.
List of popular companies for MBA graduates:
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. Arguebly it is one of the best career options after bcom.
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.
Top employers for CA graduates:
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 comprised 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 which makes it one of the attractive career after bcom.
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.
5. Certificate in Investment Banking (CIB)
To get a certificate in investment banking, you’ll have to take the CIB course for six months. Investment banker position is one of the best career options after b.com. The average salary for this course is very high. In this job, your role will be to provide your clients with your expertise in raising capital by selling equities and issuing debts in the company.
The Certified in Investment Banking (CIB) is an intensive global certification exam specially designed to evaluate your knowledge, understanding, and skills in investment banking. The CIB program is usually six-months long, and it tests your ability to create a systematic and strategic approach to determine the valuation for both listed and unlisted companies in the context of Mergers and Acquisitions, LBOs, IPOs, corporate actions and restructuring, financial statement analysis, and other crucial investment decisions.
After completing the CIB course, you can build a career in investment banking, private equity, equity research, hedge funds, asset management, private wealth management, and corporate finance and strategy.
Average salary for Investment Bankers in India is Rs. 9.6 LPA in India.
6. Bachelor of Education (B.Ed)
A very simple but beneficial course you can opt for after B.Com is B.Ed. The knowledge that you have acquired as a B.com can be used in your profession as a lecturer.
After completing B.Com, perhaps one of the most straightforward career paths is the Bachelor of Education (B.Ed). B.Ed is a 2-year long postgraduate teaching program that is explicitly designed to allow students to build a career in academics which made B.Ed one of the best course after bcom. If you secure around 50-55% in your graduation from a recognized university in India, you are eligible for this course.
Usually, the course structure of B.Ed. programs include coursework in pedagogy, educational psychology, educational policy and leadership, instructional technology, assessment, social justice, special education, curriculum development, and lesson planning. Although it seems like a simple choice, after obtaining a B.Ed degree, your average annual salary package can range anywhere between Rs. 2.5 – 4 LPA.
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