Want to know about ‘Career after bcom”. Then you are in the right place. Because down below, I have provided the guide which will surely be going to help you with the same.
1. Chartered Accountant.
One of the demanding and popular course among students after b.com. It will provide you the lots of job options along with a good salary package.
The chartered accountant has a strong profile for your career. In the public and private sectors too.
After completing this course you can easily able to handle the accounting and testability of any business.
CA (Chartered accountant) exam is normally conducted by the Institute of Chartered Accountants (ICAI).
CPT exams are normally conducted two times in the years of “June and December”.
You have to go through three exams which are CPT (Common Proficient), IPCC (Integrated Professional Competence) and Final CA.
IPCC has a two group of exam and after clear the IPCC both group exam only. You will be eligible for the Final CA exam.
However, Final CA also has two exam group to do.
If you are serious about the CA course, then remember you have to put your 5-6 hours daily for your CA preparation.
CA is the most selective course around the world, after b.com.
Eligibility: You should pass out your B.com degree with an overall 55%.
They will also check your general management and communication skills knowledge. CA foundation provides the executive and professional courses both.
Job Opportunities: Once you complete the CA course. You can kick start your career in the finance area.
You can apply for a government job, private job, financial institute, private banks and so on.
Small to big all businesses required the CA for their finance states and taxes.
Therefore, I have mentioned some organization names who frequently hire the CA for their farms.
- Landmark Group.
- Citi Bank.
- Tolaram Group.
- IDFC Bank.
- ICICI Bank.
- RBL Bank.
- Morgan Stanley.
- RSM International.
- As per career after bcom you can choose some famous position like:
- CA/CS (Company secretary).
- Finance consultant.
2. Masters of Commerce (M.com).
If you are interested in a master’s degree, then the most popular comes after b.com is M.com (Master of commerce).
You can pursue the M.com from any popular college or institute. Many top universities also take the entrance exam for the M.com admission.
However, it’s better if you do the M.com along with CA. Because alone M.com is not very much valuable in the market.
Else you can do the M.Phil or Ph.D. after M.com it would also a good option for CA.
Therefore you will see more lectures and teachers who are completing the M.com. This course covers the wild area of research.
Most popular Specialization in M.com:
- M.com in Taxation.
- M.com in Economics.
- M.com in Mathematics.
- M.com in Banking.
- M.com in Marketing.
- M.com in Accounting.
- M.com in Finance.
Under M.com you will focus on teaching about Economics, Business, finance, Taxation, Accounting and so on.
After completing the M.com you can easily find the job option under accountant, Auditor, Loan credit and more.
This course will take your two years. And as per my opinion, I would say that join the college or university who approve by the AICTE and better if recognized by the government.
Job Opportunity: After completing the M.com you can start your career as a Customer relationship executive, Law assistant, relationship manager, loan officer, sales officer and more.
Eligibility: M.com admission required at least 50% of marks in your b.com degree.
Job Profile: You can hold the job profile like Cashier, Trader, Business Analyst, and Researcher, Bank Manager, and Risk Analyst, financer Consultant, Wealth manager and more.
Top recruiter Company:
- Indusland Bank.
- Punjab National Bank.
3. Certificate Management Accountant (CMA).
This course is an offer by Institute of Certified Management Accountant (ICMA). If you have a dream to work in foreign MNC’s then you can pursue CMA.
Certificate Management Accountant will be taught you about financial planning, control, decision, analysis and more.
After b.com this is one of the famous international courses you can begin a career with.
In my opinion this best career option available after b.com. If you are serious about foreign job options.
One student’s survey says that as compared to another course after b.com. CMA has more potential to provide you a good salary package after completing the course.
To clear CMA you have to seat for the two exams and each exam takes four hours.
However, the best part of CMA is that you can give his exam from anywhere around the world. As they have 100 examination centers available.
To get in CMA you must require membership of IMA, two years of experience, pass out of both two exams which I have mentioned above.
You can apply for the exam in the following months:
- May and June.
- September and October.
- January and February.
Additionally, clear the certification management Accountant is not as easy as sound. It required good knowledge and preparation.
Top Recruitment: DHL, IBM, Cognizant, Amazon, Standard Chartered, City bank, Quon Street, KPMG international.
Job Opportunity: Finance manager, financial controller, cost manager, reship manager, finance risk controller.
4. Chartered Finance Analyst (CFA).
CFA is an offer by the American based CFA (Chartered Financial Analyst) instituted. In investment and financial industry has the excellence of highly standard.
CFA is a very respected full designer called under investment management.
This course will be taught you the deep knowledge of how to invest investment in the industry, which gives profit and stability.
Therefore, this job profession also gets a good payout too.
These days India also increases the demand for CFA, which is great for country economic. So, choosing a Chartered financial analyst is a good career option after b.com no doubt.
Under this course, you have to go through with three levels of examination conduction by the CFA Institute.
It’s also called CFA Level 1, CFA level 2, CFA level 3. The level exam normally organized in “June and December”. However, level 2 and 3 generally offered in June only.
If you want to start your career in corporate, banking or finance for a long time then this course is good for you after b.com.
You can attend the regular class and you can do the self-study too. Additionally, check your skill are you want this course or not.
If you have the skill, for example, Discipline, focus, agility, self-motivation, communication skill, time management, curiosity. Then for sure, you can pursue this course for your career after bcom.
Eligibility: Must have a bachelor’s degree. If you are in the final year of b.com then also you can apply for CFA registration.
The application also required four years of experience.
You will get the study topic, for example, Ethics, Fixed income analysis, financial report analysis, Equity investment, economics, Alternative invest.
- Asset Management.
- Private Equity.
- Risk Management.
- Corporate banking.
- Investment banking M&A.
- Top companies which recruit like:
- Wells Fargo.
- Bank of America.
- Citi Group.
5. Certificate Public Accountant (CPA).
The CPA exam is organized by the American Institute of Certified Public Accountants.
US CPA has great knowledge because it has the US Generally accepted accounting principles (GAAP), International Financial Reporting Standards (IFRS).
US CPA has conducted the four exams which you can give in year or less.
The subject of CPA is auditing and attestation (AUD), Regulation, Financial accounting and reporting, and business involvement concept.
Career after bcom, CA, MBA in finance also get stronger if you do the CPA (Certificate Public Accountant).
This course as good as CA. After completing the CPA course you will be able to handle the financial business goal of the individual, Business, large organization and so on.
Eligibility: Graduation degree is compulsory. Should complete 150 hours of CPA course. CPA license required 4 part assessment in 18 months.
- Prepare financial record.
- Record all financial activities.
- Cross verify complain government regulation.
Top Recruiter: Wells Fargo, UBS.
6. Financial Risk Manager (FRM).
This is a global recognize certificate for finance and banking. FRM (Financial risk manager) gives the ultimate option of career opportunity in risk management.
Such as modeling, trading, structuring, etc.
This certificate will be taught to you, about how to utilize risk management tools and techniques. Better if you also prepare with real work serious and experiences.
For example, you are working under company insurances and all. Then risk management will guide you, to take the calculative risk for any insurances.
It also helps you to conduct bank loan risk and conditions.
It helps in MBA risk and insurance too. FRM gives you the financial top to bottom knowledge corporate fund, concealing, venture administrations and more.
This is an advance certificate under finance. Through that certificate, you can make yourself capable of measures to sector risk, volatility risk, control inflation risk, shape risk, foreign exchange risk, etc.
Eligibility: Must graduate or above.
Duration of course: 9months.
Top Recruiters like HSBC, City group, ICBC, KPMG.
7. Association of Chartered Certified Accountants (ACCA).
ACCA qualification will help in your career after bcom if you have an interest in banking, accounting, consulting and management, and major senior roles.
This course will give you the extra knowledge such as GAAP and IFRS. You have to clear the 14 papers for this certificate.
If you want to give a boost to your career after bcom then pursue the ACCA.
All around the world this qualification has huge demand. People know the value of the Association of chartered certified accountants.
This course will be taught to you a lot and the fee of the certification is not very high. Plus you will get the specialist knowledge.
Duration of course in two years.
8. Business Accounting and Taxation (BAT).
It good if you join the Business accounting and taxation right after b.com.
Because as you heard mostly that under finance and accountant. Big companies always prefer an experienced person.
If you are not experienced then you might you will get the job as fresher in BPO or Sales. But, do not worry because “BAT” is resolved your this issue.
For best career, after b.com you can pursue the BAT. It gives you the practical class of accounting, compliance, reporting, and taxation.
It will also help you to increase your skill under excel, quick book and SAP.
- Tax Consultant.
- Corporate Assistant.
Eligibility: B.com or above.
Duration of course: Depend on programmer either 8 weeks to 12 weeks.
Top recruiter for BAT: Adobe, Bajaj, Genpact.
9. Financial Modeling.
Financial modeling is the art of the financial statement and business solution for investment analysis.
You will get the opportunity to learn the modeling in the sector such as the banking sector, Real Estate, Telecom, Capital goods, Pharm, Metal and mining, etc.
You will also learn the way, to find errors under the model. Additionally, you will get the chance to do the study of Bank of America, the metal sector.
Duration of the course: Depend on the program for 9 weeks to 16 weeks.
Top Recruiter companies: Oracle, Accenture, Gartner.
10. Certificate in Investment Banking.
For a good start in finance and banking, you can prefer Investment banking. This is a short term course that still has the potential to make a great career after bcom.
Mostly top investment bankers, small specialist firms, government, the trading firm is always looking for the CIB candidate.
Under a certificate in investment banking, you will get to know about how to help trade securities, investors purchase securities and provide financial service.
- Work with a special industry.
- Work on client complain.
- Advise a great idea for company improvement.
- Know about financial strategies and currency trading.
- Ability to fixed income research.
- Be updated about the market conditions.
- Attend a meeting related to executing orders and tractions.
Top Recruiter companies:
- Standard Chartered bank.
- Morgan Stanley.
11. Digital Marketing.
Digital marketing is currently one the best career option available after b.com too. This course will be taught to end market work along with soft skills.
If you want to explore career options, then go with digital marketing. After completing this course you can become a digital marketer.
Many M.com students also prefer the digital marketing course because of their creative potential in the market.
Such as SEM, SEO, Social media, PPC and more.
Duration of the course: depending on the program it could be 6 week or more.
Top Recruiter: Dell, Amazon, Dell, Accenture.
12. MBA (Master Business Administration).
You can also make a good career after bcom if you select an MBA course. However, an MBA with a good institute of the university is meant a lot.
Because now these days many small institutes are also providing the MBA course easily. So ideally, you must do an MBA with a recognized college or university.
After completing an MBA you will get the administrator kind of jobs very easily. You will see the more opening is coming from the private sector.
Which gives you the right boost to your career after bcom. However, if you are planning to go IIM then success will run behind you. After completing an MBA.
Additionally, you have to score good marks on the CAT exam if you want to get admission to top MBA College.
You can start your preparation from graduation final year for CAT, XAT, and GMAT.
Duration of the course: 3 years.
Top Recruiter: Microsoft, Amazon, Flipkart, Dell, Tata, Bajaj, Genpact.
Job Profile after MBA:
- Sale Manager.
- Fund manager.
- Customer relationship Executive.