MBA After B.Com: Specializations, Eligibility, Benefits, Top Colleges

Confused on the possibilities of pursuing an MBA after B.Com? Get some insights on top MBA courses along with their scope, salary and benefits.

Students who have already completed their three-year B.Com programme and are unsure of their future steps may ask if an MBA after B.Com is even worthwhile. Bachelor of Commerce (B.Com) is one of the most popular and sought-after undergraduate courses in commerce, as well as one of India's oldest undergraduate degrees. After completing their B.Com, students can pursue additional studies by taking an M.Com or pursue a professional course such as an MBA if they are very job-oriented. A B.Com graduate can choose from a wide range of vocations and graduate degrees. The scope of discussion in this article is MBA after B.Com.

Table of Contents

MBA Specializations
Eligibility
Why MBA After BCom
Salary Expectations
Top MBA Colleges
Is MBA Worth It?

Also Read on MBA Admission

Top MBA Specializations after B.Com

Some B.Com programmes provide specialisations in taxation, marketing, computers, and other areas. However, most of the time, it is a commerce and business generalist degree. An MBA can give a more targeted experience if students are interested in a certain profession or sector and their B.Com does not include a specialised track.

Specializations in MBA include:

MBA Course Eligibility

An MBA programme takes a great deal of dedication, discipline, and effort. There are some prerequisites for students to be admitted to the course, just as there are for any other course.

The following are the criteria for a full-time MBA:
A minimum of 50% in any field at a recognised university at their graduation. For SC/ST/OBC, there is a 5% relaxation.
In admission tests like CAT, NMAT, SNAP, XAT, and others, students must score above the colleges' cut-offs.
B-Schools undertake a number of processes to choose students once they are shortlisted for a programme based on these criteria, including a group discussion and personal interview.

Why MBA after B.Com?

The corporate world is being taken over by multinational firms and branding. A Master's degree in Business Administration or MBA gives a candidate with precisely the proper expertise to confront these business concerns. The business industry is facing unprecedented problems and difficulties that necessitate suitably motivated and skilled workers. An MBA following a B.Com is a fantastic alternative for a graduate, as it does not require any discipline-specific qualifications.

A dedication to learning, refining, and implementing abilities that may help a firm flourish is demonstrated by completing an MBA programme. Professionals with MBAs also have a stronger feeling of self-assurance in their marketability and the depth of knowledge they can contribute to diverse projects. These are only a handful of the benefits of earning an MBA.

Curriculum

The concepts taught in B. Com are identical to those taught in MBA, while the MBA provides more advanced information. Students with a B.Com degree have a foundation in marketing, finance, economics, accounting, and business planning, among other things. Understanding these concepts at the undergraduate level makes it simpler to absorb the content presented in MBA programmes. While a B. Com. offers students information in areas such as finance, marketing, and strategy, an MBA teaches candidates how to put that information into practice. It teaches them how to think critically and make decisions.

Leadership

An MBA is a highly respectable and regarded degree among employers. MBA graduates are in great demand, and many organisations hire MBA graduates purely for managerial and leadership positions. Students can improve their technical, conceptual, interpersonal, and decision-making abilities with an MBA. It also improves their problem-solving and planning abilities. Whether they want to be a corporate manager, establish their own business, or earn a higher income in their existing position, the MBA curriculum can provide them with all of the necessary skills. This is one of the numerous reasons why many students decide to pursue an MBA after completing their B. Com.

Personal Development

An MBA may help students improve their technical, conceptual, interpersonal, and decision-making abilities, which are useful in practically any profession. You will need to employ your problem-solving and strategic planning skills whether you wish to work as a manager in a corporate organisation, get a promotion at your existing position, or establish your own business. And B-school curricula strive to give the correct blend of these skills.

Competitive Advantage

It's easy for prospective employers to miss your job application in today's extremely competitive employment market. Academic degrees and credentials assist you to get the attention of employers. MBA is listed as a minimum educational prerequisite for a variety of career positions. For leading cross-functional teams and consulting tasks, many others prefer MBA talent. As a result, your focus should be on creating an appealing profile that demonstrates your aptitude for the position.

Personal Development

B-schools provide workshops on in-demand job skills since MBA programmes are meticulously structured to meet industry demands. Project management, portfolio management, business analytics, financial modelling, effective communication, and Microsoft Excel are some of the most popular classes. Apart from honing technical skills, students will have several opportunities to engage with individuals from all backgrounds, allowing them to learn how to work in groups and communicate with others.

MBA Salary Expectations

An MBA raises your predicted earnings by a significant amount. You may not earn a particularly appealing starting salary if you enter the job market with only a B.Com. education. A master's degree, on the other hand, might increase your projected earnings and allow you to bargain for a significantly better pay grade. In recent years, as more organisations seek to acquire MBA personnel, the average base pay of B-school graduates has increased internationally.

Job/ Role	Salary
Human Resource Manager	INR 7.7 LPA
Operations Manager	INR 8.28 LPA
Business Development Manager	INR 7.43 LPA
Product Manager	INR 12 LPA
Marketing Executive	INR 7.6 LPA

Top MBA Colleges

Mba is a very popular postgraduate programme in India and there are numerous premier institutes that provide students with the perfect career opportunities.

Read More: Top MBA Colleges in India

Is an MBA Worth It?

An MBA is a great career and learning opportunity for students who are building a career in business and management. However, it may not be the perfect fit for everyone, as some fields of work value it more than others. Students can consider their chosen field of work before deciding if an MBA is worth it or not.

High-Paying Job Opportunities: Pursuing a full-time MBA is a heavy investment as it is not easily self-financed. However, once graduated, students are quick to recover the costs of their education with the help of high paying jobs.

Development of Skills: An MBA program can help students develop holistically by involving them in the organization of events, fests, and extracurricular activities. These build up leadership skills, team spirit, organizational skills, and personality development, essential for success.

Appropriate Career Path: Despite all the advantages, students may find that an MBA does not benefit them greatly in their field of work, or does not fit their career path. An MBA is a great field of opportunities, but only for those who are involved in certain fields of work. Others may not find any benefit of an MBA.

The ultimate decision lies in the hands of the students whether they believe an MBA is the right career path for them or not.