Bachelor Of Commerce [B.Com] one of the most popular and preferred courses among commerce students after 12th Commerce. In the final year, B.Com students have always gone through the same never-ending, repeating thoughts of what happens after B.Com? What are the best career options after B.Com? These are the questions that still pop out in the first place.
B.Com students are unaware of B.Com's best career option; however, they end up making the worst choice that affects their career to the utmost. There are many career options for B.Com students that provide the best careers and the most lucrative jobs that are waiting for them right after B.Com
It is not easy to find high paying jobs for B.Com graduates if one has not chosen the right courses after BCom. One has to take up postgraduate or professional certificates to have a well-established career after a B.Com degree.
This article will enlighten you on the best career option after B.Com, the most preferred and most popular among B.Com graduates. Read through this article to find out the best career option after B.Com that will help you build the most well-established careers.
There are several career options available to students after completing a graduate degree at B.Com. Still, not all students are aware of the different programs they can take to establish a flourishing career. This article will discuss the best available career options after B.Com that you might consider for a stable job opportunity in the future.
Best Career Option After B.Com
Students can enroll in various courses as per their interest, passion, and the ability to pursue the course. Here are some of the essential courses that you can pursue after your higher secondary examinations. A candidate can pursue tons of career options after completing the B.com course from a renowned university. The selection of these courses or career options depends on the candidate's passion or goal in life for their future ahead. Before selecting a career option based on a candidate must do proper research.
Here are providing the best career based courses that students can pursue after B.com:
- Company Secretary [CS]
- Certified Management Accountant [CMA]
- Chartered Financial Analyst [CFA]
- Chartered Accountant [CA]
- Digital Marketing
- Bachelors of Education (B.Ed)
- Financial Risk Management
- Association Chartered Certified Accountant (AACA)
- Actuarial Science
Company Secretary [CS]
Company Secretary one of the critical job roles in an organization. A CS program is a 3-year duration program that falls under corporate law; this program constitutes three levels that are:
- Intermediate, and
- Final stages, all three stages need to be completed to become a CS.
CS is accountable for handling all the legal aspects of an organization. Company Secretaries mainly focus on the company's tax returns, maintaining tax records, offer actionable advice to the board of directors, and ensure that all the legal and statutory regulations are met. Top companies Hiring CS: All organizations need CS for the smooth functioning of the organization legally
It is again divided into three parts:
- Eight months for Foundation Program
- Nine months for Executive Program, and
- 10 Months for the Professional Program.
The fee structure is also divided into three parts:
- Foundation is for INR 3,600
- The Executive Program is for INR 7,000, and
- The Professional Program is for INR 12,000.
The pay packages offered to CS in India range between 5 LPA – 10 LPA, according to PayScale.
Certified Management Accountant [CMA]
Certified Management Accountant is the best course if you wish to work in the world's banking industry. CMA'sBanks hire CMA's for auditing and accounting work.
ICA conducts the CMA in 3 levels covering various accounting related topics that must be cleared within three years of registration. The CMA course is conducted in 3 exams, and they are the foundation, followed by inter and final. CMA or Certified Management Accountant. The student should have a Bachelor's degree to pursue this course.There are two parts of the examination that a student has to sit for, and the certification has two exact parts. CMA is a certification program offered by the Institute of Management Accountants (IMA), USA. and the Institute of Certified Management Accountants (ICMA) are involved in regular review of the content and is found to be the best career option after B.Com.
- CMA course duration after BCom is 3-4 years.
- The course fees range from 1.25 to 1.50 LPA, with CMA training and exam fees included.
The certification will help candidates in finding jobs like:
- Financial Manager
- Financial Analyst
- Financial Risk Manager
- Financial Controller
- Cost Accountant
- Chief Financial Officer
- Cost Manager
- Relationship Manager
Top Companies Hiring CMA's: The CMA's job opportunities are enormous and mostly employed in banks, giant industries, and companies like Cognizant, KPMG International, DHL, etc., with Average salary packages ranging between INR 5 LPA - 8 LPA according to Payscale.
Chartered Financial Analyst [CFA]
With 5000+ private jobs daily, Chartered Financial Analyst (CFA) is the highest insignia of professional excellence in the investment industry. CFA, a certification program globally recognized and offered by the CFA Institute, is conducted at three levels.There are three kinds of curriculum: viz. live online training, classroom training, and self-study packages. Being a CFA will also help make your dream of moving abroad easier and smoother.
Top companies Hiring CFA: The job opportunities for the CFA's are enormous and mostly employed in banks and giant industries, as well as in companies like Morgan Chase, UBS, Citigroup, and Bank of America with average salary packages ranging between 6.5 LPA - 18 LPA according to Payscale
Chartered Accountant [CA]
Chartered Accountancy is one of the toughest challenging professional courses. The course has a duration of 3.5 years. In India, it is one of the most respected and challenging courses. Many students try and fail, but completing a few years in a CIA is considered valuable. This course has proved to be the best professional course after B.Com. This course can be pursued after B.Com with minimum eligibility of 50% aggregate in bachelors.
This course mainly includes three exams:
- IPCC, and
- a final exam.
These exams are conducted by the Institute of Chartered Accountancy Of India(ICA). This course is considered very tough, but once you complete the CIA course, your career and earnings prospects are the best career option after B.Com. This course familiarizes you with subjects like:
- Tax Laws
- Business Laws
- Corporate Laws.
Top Companies Hiring CA's: CA's are widely hired by banks for auditing and other accounting related activities. The CIA is one of the highest-paid jobs in India. With pay packages ranging from 7 LPA to 20 LPA according to Payscale.
Digital marketing has been through significant development in recent times, with 18000+ jobs requirement in the industry and 20 lac jobs by 2020 have provided the best career opportunity in Digital Marketing. Digital Marketing is a revolution that has influenced every industry and sector possible. Digital Marketing Program is a job oriented professional course that is a hands-on program built to give end-to-end career support. It is one of the hottest career choices.
The students undertake this course to learn different marketing techniques like :
- SEO (Search Engine Optimization),
- SEM (Search Engine Marketing),
- Email Marketing,
- Social Media Marketing
- Any Graduate student interested in pursuing this course can give a certified examination for the admission process. This course's general course fee is about 35,000 for DMCA (Digital MArketing Certified Associate) Certification. This program can be pursued after B.Com; this course has a duration of 1 to 2 years, depending on the digital marketing program.
Someone who holds this degree can become a:
- Digital Media Marketer
- SEO Executive
- Social Media Marketing Expert in Startups, Mid Level, and MNC Companies.
The average salary that the student gets after completion of the course is INR 12,000 to 15,000 per month.
Top companies Hiring for Digital Marketing: Digital Marketing offers numerous job opportunities for the best companies like Amazon, Accenture, Dell, Cisco, Infosys, etc., offering the best pay packages ranging from INR 5 LPA to 8 LPA according to Payscale.
Bachelors of Education [B.Ed]
Bachelors of Education (B.Ed) is one of them. This course is pursued to undertake Teaching as a career. This is not an undergraduate course; one has to complete his graduation for this course. B.Ed is a professional course, and the student can get a job right after completing this course at the School- Level. This course can be pursued both in distant education or regular mode. There is primarily no age bar for this course.
B.Ed admission at almost all the colleges is through entrance examination.
It is a two-year-long post-graduation program. Someone who holds a degree in education can become:
- Academic coach
- Education Specialist
- Board member
- Professor, and more.
The annual fees range from 6,000 to 1 LPA. Depending on the institution you choose. The average salary after completion of this course is 3.5 LPA.
Financial Risk Management
It is the professional designation for a Financial Risk Manager.
Anyone can take up this course, but it is generally advised to do it after graduation. It takes about 1.5 years to 2 years to clear Part 1 and Part 2 of the FRM Examinations. This is divided into two levels or parts, and the student has to sit for both levels. Examinations are conducted twice a year. The students are selected on a merit basis based on their scores in the examination.The maximum examination fee for both the examinations is 60,000 and 50,000 for the tuition fees. Financial Risk Manager Course Professionals are employed by:
- Traditional Asset Management, and
- Non-Financial Corporations.
FRM is one of the best courses to pursue after completion of B.Com. After completion of this course, your Average Salary will be Around 10-18 LPA in India.
Association Chartered Certified Accountant [AACA]
The Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification. ACCA course duration after B.Com is around two-years depends on the candidates appearing for the examinations. An ACCA individual can secure a job at consulting, advising, fund management and taxation, etc.
The course fee is around INR 3 Lakhs. The candidate appearing for this course must have a Bachelor's degree. In this course, major topics include:
- Chartered accounting
- Financial accounting
- Maintaining chartered accounts
- Risk management
- Mergers and acquisitions
- Working capital management, and
- Business Valuation.
The pay scale generally ranges between INR 4 LPA To INR 15 LPA.
It could go higher too, depending upon the candidate's skills, company's demands, competition, etc.
There are two parts of the examination under this course that a student has to sit for and for the certification and clear both the parts.
The subjects offered under this course are:
- Computer Science
- Statistics and
After completion of this course, a candidate can become:
- Business Analyst
- Budget Analyst
- Analyst Intelligence Agencies
- Research Analyst
- Financial Analyst
- Insurance Claims Adjusters, and more.
The salary depends on the candidate's skill sets and the company's policies. The Average Salary ranges from INR 10 to 15 LPA.
The above lists some of the great career options after B.Com. We hope this article will provide you with the best answer for What after B.Com?
B.Com graduates should select the best program based on their career choices and select the best career option after B.Com that they would like to pursue after their B.Com graduation. For all young minds questioning what to do after B.Com, you need to check the amount of time, the challenge level, and the interest level one has for the program before deciding which course to choose after B.Com.
The above best courses after B.Com are sure to land you a great job that provides the best career opportunities and motivates you to push further into the professional world.
Other Career Options After B.Com
- Head Start in Investment Banking
- Certificate in Investment Banking (CIB)
- Government Jobs/ Banking jobs
- Certified Financial Planner
- Financial Insurance Consultant
- Company Law Assistant/Corporate Legal Assistant
- Tax Advisory Services/Tax Consultant
- Financial Analyst
- Financial Modeling
- Business Accounting and Taxation (BAT)
- Actuarial Science